Tag: slashes

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Government slashes support for chefs, mechanics and hairdressers from January

Small businesses are sounding the alarm as apprenticeship incentives get slashed in half from January, according to COSBOA Chair Matthew Addison. What’s happening: The Federal Government will halve apprenticeship incentive payments from January 2026 for most priority occupations, except housing construction and clean energy trades. Why this matters: Small businesses depend on apprenticeships to build

Trump Slashes Federal Funding at Another Ivy League University

Columbia University graduate student Mahmoud Khalil will have his day in court. U.S. District Judge Jesse Furman on Wednesday tossed the Trump administration’s attempt to dismiss Khalil’s case, instead transferring the case to New Jersey—where Khalil was first held in detention, and where he resided when his attorneys challenged his deportation—rather than Louisiana, where he

RBC slashes forex limit on credit cards by 66%

RBC has announced a 66% reduction in the foreign exchange limits for its personal and business banking credit cards, effective December 1. According to a notice issued by the bank today, credit cardholders' monthly limits will be reduced from approximately $41,000 (US$6,020) to $14,000 (US$2,058). “RBC is committed to being the bank for all of

Fintech firm Fazz slashes jobs, freezes co-founders’ salaries

The Indonesian startup said the reorganization is aimed at shifting its focus to its core strengths - payments, credit, and stablecoins...

Google slashes 12,000 jobs

Sundar Pichai, chief executive officer of Alphabet, Google’s parent company, announced in a statement and in an email to U.S-based affected staff, that the company will be cutting approximately 12,000 jobs or six per cent of its workforce. Pichai said the process of informing affected employees from other countries will take longer due to local

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