Tag: slashes

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Uber slashes people division by nearly a quarter. CEO says ‘changes are necessary’

Uber CEO Dara Khosrowshahi answers audience questions during a recording of the "On With Kara Swisher" podcast at the Johns Hopkins University Bloomberg Center on December 15, 2025 in Washington, DC. Chip Somodevilla | Getty Images Uber is slashing 23% of jobs in its people division as it seeks to streamline operations under the direction

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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World Cup betting markets shift after Jordan Henderson’s bizarre celebration injury

Jordan Henderson, the 36-year-old England midfielder, will miss the remainder of the 2026 FIFA World Cup after suffering a serious wrist and forearm injury during post-match celebrations on July 6. He wasn’t even playing when it happened. Henderson was an unused substitute in England’s dramatic 3-2 victory over Mexico in the round of 16. The

Kraken’s World Cup debut and Brazil’s collapse: what crypto gets from the beautiful game

Brazil came into the 2026 World Cup as one of the tournament favorites. They left in the Round of 16, beaten 2-1 by Norway, undone in part by a tactical decision that raised eyebrows across the footballing world: deploying 34-year-old Casemiro as a central striker, a position he hadn’t occupied in years. Haaland scored both

FIFA overturns Balogun’s red card, Trump intervenes for US World Cup match

https://www.nytimes.com/athletic/7424790/2026/07/06/folarin-balogun-red-belgium-explanation/ FIFA’s Disciplinary Committee has overturned the red card suspension of Folarin Balogun, a key player for the U.S. Men’s National Team, allowing him to participate in the upcoming Round of 16 match against Belgium. This decision, made under Article 27 of the FIFA Disciplinary Code, places Balogun on a one-year probationary period, enabling him

UK Foreign Secretary Warns World Cannot Wait for ‘AI Hiroshima’ Before Acting

UK Foreign Secretary Yvette Cooper has warned that the world cannot wait for an AI equivalent of Hiroshima before acting, urging global powers to build consensus on artificial intelligence (AI) safety principles and standards. Cooper made the case in an essay, positioning Britain to lead international talks on the technology. ...