Money

CNN begins mass layoffs

Published

2 years ago

December 2, 2022

ticker NEWS

CNN has begun cutting hundreds of staff from its news operations around the world

CNN is eliminating some 400 positions around the world, equating to about 10% of staff.

The cuts come on top of the August closure of CNN+, which resulted in the departure of more than 200 employees.

Staff waited anxiously for a notification of a video call in which they would be laid off.

HLN will drop all live programming.

Its international quarters has also been impacted, with a loss of programming in London.

It comes after a tumultuous year for its new parent company, following the merger between Discovery and Warner Brothers.

Leaders

Trump will plead not guilty to revised 2020 election criminal charges

Published

2 days ago

September 5, 2024

ticker NEWS

Former U.S. President Donald Trump will plead not guilty to fresh criminal charges in a revised indictment accusing him of attempting to overturn the 2020 election.

In a court filing, Trump waived his right to appear in court, authorising his lawyers to enter the plea on his behalf.

This revised indictment, brought by Special Counsel Jack Smith, maintains the original four charges, including obstructing Congress and defrauding the United States. #featured #trending

Leaders

Harris promises to boost SME in the U.S. with $50,000 tax deduction

Published

3 days ago

September 4, 2024

ticker NEWS

Vice President Kamala Harris is set to propose a significant tax deduction for new small businesses.

Under the plan, startups could claim up to $50,000 in tax deductions, providing crucial financial relief during the critical early years of operation.

This initiative aligns with efforts to stimulate economic growth and job creation across the country, particularly in sectors hard-hit by the pandemic. #featured #trending