Tag: cut
US to cut military aid for Europe: Reports
The United States plans to end long-running military assistance for European countries close to Russia, as President Donald Trump's administration pushes the continent to play a greater role in its own defense, media reports said Thursday.
Harvard ploughs $250m into research after US govt cuts
Harvard University says it will plough $250 million into funding "critical research" after the US government announced fresh budget cuts to the elite school.
World Food Programme to cut aid to 1 million people in...
The United States provided the UN's WFP with $4.4 billion of its $9.7 billion funding in 2024 but Washington's international aid funding has been slashed under President Donald Trump.
Adidas to cut 500 jobs
The reduction in the headcount, aimed at driving efficiency, will affect staff at Adidas's headquarters in Herzogenaurach and will progress on a voluntary basis, CEO Bjorn Gulden told reporters.
US news agency AP looks to cut almost one in ten...
In a memo to the AP workforce seen by AFP, management said the cuts would affect "about 8 percent of our workforce, with less than half impacting the news division."
US Fed begins two-day meeting set to end with rate cut
The meeting began at 10:30am in Washington (1430 GMT), the US central bank announced in a statement. The Fed's rate decision will be announced on Wednesday afternoon local time.
Biden, Harris announce ‘historic’ deal to cut US drug prices
The "historic" agreement with drugmakers will reduce the price of 10 key medicines for seniors, for conditions including diabetes, heart failure and blood clots, they said in joint statements released by the White House.
