Bluebird Bio is laying of 25 percent of its workers to cut costs
The company has not yet seen the financial payoff from its scientific breakthroughs — and it says it is continuing to lose ...
The Sunk Cost Fallacy In Business: When To Cut Losses And Pivot
When entrepreneurs fall prey to the sunk cost fallacy, the consequences can be devastating. Funding a failing project can ...
Paintmaker Akzo Nobel to Slash 2,000 Jobs in Cost-Cutting Drive
Europe’s biggest paintmaker Akzo Nobel NV said it will cut 2,000 jobs by the end of next year to improve profitability and ...
The Rate Cut Happened. Not All Borrowing Costs Are Going Down.
The yield on 10-year Treasury notes is a reminder that the Fed doesn’t have complete control over borrowing costs.
How much would a $50,000 HELOC cost per month now that rates are cut?
A HELOC comes with a variable interest rate, which could help borrowers now that interest rates have been cut.
Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive
Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting ...
Denny Hamlin Reveals 'Cost-Cutting Measure' Which Contributed to Ryan Blaney's Watkins Glen Rage
Denny Hamlin has revealed a "cost-cutting measure" from NASCAR which partly explains Ryan Blaney's early Watkins Glen exit.
Why a Key Benchmark for Borrowing Costs Has Gone Up Since the Fed Cut Rates
The Federal Reserve cut short-term interest rates by 0.5 percentage point on Wednesday. Since then, a key benchmark for ...
Aquarium to install solar panels to cut costs
A seaside aquarium will install almost 150 solar panels and a new roof to help reduce “significant” energy costs. The upgrade ...
Housing Costs Are Pushing Inflation Higher. Rate Cut Won’t Address Dearth of Supply.
Housing prices are still on the rise, and have become a stubborn contributor to inflation. The Federal Reserve is confident ...
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Higher leasing costs ‘cut BEV demand’ | Used EV prices to fall further
New research commissioned by the BVRLA suggests that between 2024 and 2030, used EV car prices are predicted to fall by a ...
Dulux reveals plans to cut 2,000 jobs in potential blow to UK sites
With the UK's future hanging in the balance, Dulux's owner, which employs roughly 3,500 people across 15 locations within the ...