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Lyft slashes jobs as part of massive cost-cutting move

Layoffs, furloughs, pay cuts and exiting some facilities scheduled for this quarter......»»

Category: topSource: bizjournalsApr 30th, 2020

NASA watchdog takes aim at Boeing’s SLS rocket; it says Trump’s moon mission could cost a staggering $50 billion

It was the second time in less than a week that Boeing’s work for NASA has been criticized......»»

Category: topSource: washpostMar 10th, 2020

The FDA's proposal to limit nicotine could cost tobacco industry $165 billion, Morgan Stanley says

Major U.S. tobacco companies could be in for a massive financial hit if the FDA el.....»»

Category: topSource: usatodayJun 17th, 2019

NASA estimates it will need $20 to $30 billion for moon landing, administrator says

NASA has touted its bold plan to return American astronauts to the moon by 2024 for months. Now we're starting to get an idea of how much it will cost......»»

Category: topSource: moneycentralJun 14th, 2019

NASA estimates it will need $20 to $30 billion for moon landing, administrator says

NASA has touted its bold plan to return American astronauts to the moon by 2024 for months. Now we're starting to get an idea of how much it will cost......»»

Category: topSource: moneycentralJun 14th, 2019

Duke Energy"s Arm to Build 22MW Battery Storage Projects

Duke Energy (DUK) plans to invest $1 billion for constructing or acquiring a total of 700 MW of cost-effective solar power facilities and 50 MW of battery storage.....»»

Category: worldSource: nytJun 4th, 2019

Legislation to reform health insurance in NY will be costly and carry risks – CDPHP (podcast)

The New York Health Act, a bill pending in the New York State Legislature, will cost $250 billion and require a massive tax hike on employees and employers, says Ali Skinner, director of strategic communications at health plan provider CDPHP, in this .....»»

Category: topSource: bizjournalsMay 8th, 2019

Facebook expects up to $5 billion in FTC fines

What’s the cost for Facebook’s massive data privacy breach that’s rocked the company in the past year? Facebook thinks it could be as much as $5 billion dollars......»»

Category: videoSource: reutersApr 24th, 2019

Ford Targeting Massive $25.5 Billion Cuts, Confirming End Of Major Automotive Cycle

The rising cost of commodities, combined with t.....»»

Category: blogSource: zerohedgeMay 2nd, 2018

Malaysia seeks sharp cuts in $20 bln China-backed rail link

Malaysia's government says a massive China-backed rail link project is only viable with a "drastic" price reduction by the Chinese contractor as the actual cost of the venture is $20 billion......»»

Category: topSource: foxnewsJul 3rd, 2018

Southern Co. Earnings Hurt by Cost Overruns at Nuclear-Power Plant

Southern said its costs to build the Alvin W. Vogtle Electric Generating Plant had risen again by more than $1 billion and said it would take a charge to its second-quarter earnings to cover the new cost overruns......»»

Category: smallbizSource: wsjAug 8th, 2018

The Transbay Transit Center has been shut down amid concerns about a cracked steel beam

The $2.2 billion Transbay Transit Center opened Aug. 12 after years of delays and cost overruns. Six weeks later, the Salesforce Transit Center, as it's now known, has been shut down after "crews today discovered a fissure in one of the steel beams in t.....»»

Category: topSource: bizjournalsSep 25th, 2018

Band-Aid Maker Kenvue Cuts Workforce By 4%, Q1 Earnings Beat Street Expectations

Kenvue's first-quarter sales of $3.89 billion. Organic growth surged by 1.9% amidst strong demand in Self Care and Essential Health segments. Kenvue's strategic workforce reduction and targeted cost savings. read more.....»»

Category: blogSource: benzingaMay 7th, 2024

Settlement could cost NCAA nearly $3 billion; plan to pay athletes would need federal protection

Settlement could cost NCAA nearly $3 billion; plan to pay athletes would need federal protection.....»»

Category: topSource: yahooMay 5th, 2024

The US could give homeowners a $980 billion stimulus at no additional cost, "Oracle of Wall Street" says

"As early as this summer, a proposed move could begin to unleash almost $1tn into consumers' wallets. By the autumn, it could be on its way to $2tn." PM Images/Getty Imag.....»»

Category: topSource: businessinsiderMay 3rd, 2024

Apple"s record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle

Apple has bought back more than 10 billion of its shares via massive stock buyback programs since 2013. Apple CEO Tim Cook at the opening of Shanghai's new App.....»»

Category: worldSource: nytMay 3rd, 2024

Steve Jobs Wasn"t A Fan, But Apple"s Record Stock Buyback Is So Massive It Dwarfs Valuations Of Boeing, Starbucks, eBay And 415 Other S&P 500 Companies

Only 66 out of 195 global nations possess GDPs exceeding $110 billion, according to Worldometer. read more.....»»

Category: blogSource: benzingaMay 3rd, 2024

CEO of Anthropic — the AI company Amazon is betting billions on — says it could cost $10 billion to train AI in 2 years

Anthropic.....»»

Category: dealsSource: nytApr 30th, 2024

Anne Hathaway"s plan was to stop drinking until her kids were grown up. Now, she says she"s over 5 years sober.

A CDC report found that the loss in productivity due to hangovers cost the economy almost $90 billion in 2010. Anne Hathaway says she is .....»»

Category: dealsSource: nytApr 30th, 2024

Meta"s AI plans are costing way more than they thought

Meta's was off by at least $5 billion in capital expenditures and $2 billion in projected total expenses for 2024. Meta's Q1 earnings report reveals it underestimated the cost of AI.Matt McClain/T.....»»

Category: smallbizSource: nytApr 24th, 2024