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Microsoft to cut about 4% of jobs amid hefty AI bets
The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers. It was planning to cut thousands of jobs, particularly in sales, Bloomberg News reported last month. The Windows maker had pledged $80 billion in capital spending for its fis …. Read More >>

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Factbox-How the Republican spending bill super-charges immigration enforcement
WASHINGTON (Reuters) -The major tax-cut and spending bill that Republicans hope to bring to final passage in the U.S. House of Representatives this week would devote an unprecedented $170 billion to immigration enforcement, according to an analysis by the pro-immigration American Immigration Council and a Reu …. Read More >>

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Air Force Magazine calls it “transformational.” The Wall Street Journal calls it one of the Pentagon’s “highest priorities.” National Defense Magazine reports “Eye-popping budget” for it. This small company won the first contract to build them! Watch our new video report here >>>

Tesla deliveries slump, Musk’s EV maker stares at second year of falling sales
(Reuters) -Tesla is headed for another year of shrinking sales after it posted a second straight drop in quarterly deliveries, dragged down by CEO Elon Musk’s right-wing political stances and an aging vehicle line-up that has turned off some buyers.The automaker now needs to deliver over one million vehicles …. Read More >>

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Trump touts deal to put 20% tariff on Vietnam’s exports
WASHINGTON/HANOI (Reuters) -The United States will place a lower-than-promised 20% tariff on many Vietnamese exports, Donald Trump said on Wednesday, cooling tensions with its tenth-biggest trading partner days before the U.S. president could raise levies on most imports.Vietnamese goods will now face a 20% t …. Read More >>

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Twenty-six killed, many missing in Russian strike on apartment buildings in west Ukraine

US cancels release of CPI report for October because of government shutdown

US cancels release of CPI report for October because of government shutdown

Bidders for Warner Bros Discovery face barrage of political and regulatory risks

US confirms sale of $700 million air defence missile system to Taiwan

Ford reaffirms annual EBIT guidance after latest aluminum supplier fire

Tesla deliveries slump, Musk’s EV maker stares at second year of falling sales

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