Articles

  • 1 day ago | thereport.be | Miranda Nazzaro |Julia Shapero |Ashleigh Fields |Filip Timotija

    Tesla’s quarterly earnings dropped by 71 percent, the company announced Monday, marking the latest sign of bad news for Elon Musk’s electric vehicle manufacturer as scrutiny of the tech billionaire persists. The electric vehicle company reported a 9 percent decline in revenue for the first three months of this year. Its earnings totaled $409 million, down from $1.4 billion in the first quarter of last year, the company said. It is expected to host an earnings call with investors at 5:30 pm EDT.

  • 6 days ago | myarklamiss.com | Filip Timotija |Aysha Decuir

    (The Hill) — President Donald Trump’s administration is cutting nearly 90 percent of the Consumer Financial Protection Bureau’s (CFPB) employees in a push to significantly downsize the watchdog agency formed to shield U.S. consumers from financial fraud and abuse. Around 1,500 of the agency’s workers are scheduled to be cut, multiple outlets reported Thursday. That would leave some 200 people in place at the agency. The employees started to get layoff notices on Thursday.

  • 1 week ago | thehill.com | Filip Timotija

    The Internal Revenue Service (IRS) chief information officer said he is leaving the agency later this month, announcing his departure shortly before the April 15 tax-filing deadline, multiple outlets reported Monday evening. Rajiv Uppal, who has served in the role since early 2024, announced in an email to staff that he will depart the tax-collecting agency on April 28, according to reports.

  • 1 week ago | yahoo.com | Filip Timotija

    The IRS chief information officer said he is leaving the agency later this month, announcing his departure shortly before the April 15 tax filing deadline, multiple outlets reported Monday evening. Rajiv Uppal, who has served in the role since early 2024, announced in an email to staff that he will depart the tax collecting agency April 28, according to reports.

  • 1 week ago | thehill.com | Filip Timotija

    President Trump’s administration said it will freeze around $2.2 billion in multi-year grants and $60 million in multi-year contracts to Harvard University after the Ivy League institution rejected the government’s demands earlier Monday.

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Filip Timotija
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