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March 6, 2021

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Volkswagen’s Skoda says to cut 2% of admin jobs in 2021

Reuters
FILE PHOTO: A Skoda logo is pictured during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt PRAGUE (Reuters) – Volkswagen’s Skoda Auto aims to cut 2% of administrative jobs in the Czech Republic in 2021 by not replacing staff who leave rather than through......

‘I had this fire in me’: Jan Blachowicz has powered his way from nearly cut to UFC champ

ESPN
DOROTA JURKOWSKA WAS sitting in her home in Warsaw, Poland, in the middle of the night on April 8, 2017, her face illuminated by the glow of a computer screen. She was nervous, nearly to the point of feeling ill, and wouldn’t sleep at all until the following day. She......

Budget 2021: Covid deaths set to cut state pension costs

BBC
https://www.bbc.co.uk/news/business-56272829 “With virus-related deaths rising sharply again in recent months, we have revised up the number of excess pensioner-age deaths in 2020-21 from 90,000 in our November forecast to around 100,000 in this one,” the OBR said in its Economic And Fiscal Outlook, which is published alongside the Budget. BBC......

ExxonMobil to cut 7% of its workforce in Singapore

Reuters
FILE PHOTO: Logos of ExxonMobil are seen in its booth at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai (Reuters) – Exxon Mobil said on Tuesday it will cut about 7% of its workforce at its Singapore affiliate as “unprecedented market......

New York lawmakers, advocates dismayed by Cuomo administration’s proposal to cut Medicaid reimbursements

WashingtonExaminer
USA TODAY – For more and to sign up click here While the COVID-19 nursing home scandal that has plagued the Cuomo administration drew a lot of attention at Thursday’s legislative budget hearing, New York state lawmakers still had time to pepper administration officials on what’s being proposed for the......

Covid relief bill may trigger $36 billion cut to Medicare, higher student loan fees

CNBC
CNBC – For more and to sign up click here Bill Clark | CQ-Roll Call, Inc. | Getty Images A Covid relief bill backed by Democrats could trigger billions of dollars in cuts to Medicare and other federal programs, like ones that support unemployed workers and student-loan borrowers, if it’s......

Three easy ways for college students to cut expenses — and the biggest mistake when budgeting

CNBC
CNBC – For more and to sign up click here Amanda Mier is a senior at UC Berkeley and she is setting up her first budget. This week’s challenge: Cutting expenses. Courtesy: Amanda Mier “I’m so broke” might be the most common refrain among college students. But when it comes......

Fund managers cut cash levels to 2013 levels, pre taper-tantrum: BofA

Reuters
The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 12, 2021. REUTERS/Brendan McDermid LONDON (Reuters) – Cash levels in investment portfolios have plunged to the lowest since just before the so-called taper tantrum of 2013, according to BofA’s February fund manager survey,......

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