Tag Archives: slashing

Trump Is Slashing Grad School Loans. Private Firms Are Racing To Profit

Trump Is Slashing Grad School Loans. Private Firms Are Racing To Profit

With Republicans ending the Grad Plus program, private lenders are eyeing billions in new business, while some students could be left in the cold. In the 22 years since Ken Ruggiero jumped from tech to the private student loan business, he’s lived through a dramatic boom and bust. In the early 2000s, the market more than quadrupled, fueled by soaring …

Read More »

Spirit Airlines Slashing Capacity By 25%, Furloughing Pilots & Flight Attendants

Spirit Airlines Slashing Capacity By 25%, Furloughing Pilots & Flight Attendants

It’s a tough time for Spirit Airlines. Several weeks ago, the airline filed for Chapter 11 bankruptcy for the second time in a matter of months, in a move that should’ve surprised no one (well, except the company’s management, seemingly). While Spirit kind of squandered its first Chapter 11 bankruptcy (by not actually making any structural changes), the airline is …

Read More »

Man Fatally Shot by N.Y.P.D. After Slashing Officer at Station House – The New York Times

Man Fatally Shot by N.Y.P.D. After Slashing Officer at Station House  The New York Times Knife-wielding man slashes NYPD officer in face with 14-inch blade, police shoot him dead in pursuit  Fox News Man killed by police after allegedly slashing officer with 14-inch blade at Brooklyn precinct  NBC New York NYPD cop slashed in face by madman with 14-inch butcher knife at precinct …

Read More »

Gabbard slashing intelligence office workforce by 40%

Gabbard slashing intelligence office workforce by 40%

WASHINGTON (AP) — The Office of the Director of National Intelligence will dramatically reduce its workforce and cut its budget by more than $700 million annually, the Trump administration announced Wednesday. The move amounts to a major downsizing of the office responsible for coordinating the work of 18 intelligence agencies, including on counterterrorism and counterintelligence, as President Donald Trump has …

Read More »

Gabbard slashing intelligence office workforce, cutting budget by more than $700 million

Gabbard slashing intelligence office workforce, cutting budget by more than 0 million

The Office of the Director of National Intelligence will dramatically reduce its workforce and cut its budget by more than $700 million annually, the Trump administration announced Wednesday. Director of National Intelligence Tulsi Gabbard speaks with reporters in the James Brady Press Briefing Room at the White House, Wednesday, July 23, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson)(AP/Julia Demaree Nikhinson) …

Read More »

Ozempic found to be better than approved therapies at slashing risk of disease affecting 7M Americans

Ozempic found to be better than approved therapies at slashing risk of disease affecting 7M Americans

Weight-loss GLP-1 drugs like Ozempic could be an effective safeguard against dementia in diabetes patients and help prolong lifespan, a study suggests.  Diabetes has long been linked to dementia, with an increased risk of around 70 percent, due to high blood sugar levels that can damage vessels supplying blood to the brain, blocking the flow of oxygen. Traditionally, metformin has …

Read More »

Homebuilders are slashing prices at the highest rate in 3 years

Homebuilders are slashing prices at the highest rate in 3 years

A construction worker carries a sheet of OSB sheathing as he builds a roof on a residential homes in Irvine, California, U.S., March 28, 2025.  Mike Blake | Reuters The nation’s homebuilders continue to see weakening demand from potential buyers concerned about the broader economy. As a result, they are cutting prices at the highest rate in three years, according …

Read More »

Elon Musk spent months slashing federal contracts — Now his AI company is celebrating a $200M Pentagon contract and new unit to get government business

Elon Musk spent months slashing federal contracts — Now his AI company is celebrating a 0M Pentagon contract and new unit to get government business

Elon Musk’s xAI has signed an important new customer: the U.S. government.  The two-year old AI company—most recently in the news when its chatbot praised Hitler—said in a blog post Monday that it has launched a new division, called “Grok with Government” and signed a contract worth up to $200 million with the Department of Defense. xAI also announced that …

Read More »