8 h. ago Veterans fired from federal jobs say they feel betrayed, including some who voted for Trump

Veterans who have been abruptly fired from federal jobs say they feel betrayed by the Trump administration's dramatic downsizing of government

Politics

12 h. ago Senate Democrats condemn Russia over Ukraine war and dare Republicans to object – live

Democrats introduce resolutions on Senate floor, as Trump veterans affairs chief defends plans to cut 80,000 staffDonald Trump and Justin Trudeau will speak today, Reuters reports, citing a source with knowledge of the matter.The Canadian prime minister condemned Trump’s imposition of levies on his country yesterday, saying he was looking to make its economy collapse as part of a plan to incorporate it into the United States. Trump responded with insults, and a warning that he may tighten levies further next month. Continue reading...

Politics

16 h. ago Trump’s veterans affairs chief defends ‘extraordinarily difficult’ plans to cut 80,000 staff – US politics live

Doug Collins says cuts are personally difficult for him as move could undo expansion in agency’s healthcare services implemented by Joe BidenDonald Trump and Justin Trudeau will speak today, Reuters reports, citing a source with knowledge of the matter.The Canadian prime minister condemned Trump’s imposition of levies on his country yesterday, saying he was looking to make its economy collapse as part of a plan to incorporate it into the United States. Trump responded with insults, and a warning that he may tighten levies further next month. Continue reading...

Politics

19 h. ago Trump administration plans to cut 80,000 employees from Veterans Affairs, according to internal memo

The Department of Veterans Affairs is planning an “aggressive” reorganization that includes cutting 80,000 jobs from the sprawling agency that provides health care for retired military members

Politics

19 h. ago Trump administration looks to fire 80,000 from Veterans Affairs health care

The administration wants to erase any hires made during the Biden administration and roll back VA staffing to 2019 levels

Politics

19 h. ago Trump administration looks to fire 80,000 from Veterans Affairs healthcare

The administration wants to erase any hires made during the Biden administration and roll back VA staffing to 2019 levels

Politics

21 h. ago Veterans say Trump’s plans to cut VA budget could put them ‘in the ground’

Some veterans fear losing services, but others say the VA should be ‘cleaned out’

Politics

22 h. ago IRS planning to cut nearly 50,000 jobs in the middle of tax season

The IRS is drafting plans to try to cut its workforce of roughly 90,000 people - right as tax season heats up

Politics

23 h. ago White House plans to expand mass layoffs to IRS and Veterans Affairs

Trump administration looks to axe half up to half of the tax agency’s workforce and fire up to 83,000 workers at the VAUS politics live – latest updatesMass layoffs are being planned for two more vital federal US government agencies as the IRS and Veteran Affairs have emerged as the latest targets of the Trump administration’s unprecedented purge through billionaire Elon Musk’s “department of government efficiency” (Doge), new reports suggest.The IRS is drafting plans to slash its 90,000-strong workforce by up to half through a mix of layoffs, attrition and buyouts, according to the Associated Press. The federal tax collector has offices across the country, with women accounting for 65% of the workforce, while people of color represent 56%. Continue reading...

Society

25 h. ago Veterans are speaking out on the Trump administration's plans to cut the VA's budget

A handful of veterans speaking to The Associated Press are divided over the Trump administration's proposed cuts to the Department of Veterans Affairs

Politics

28 h. ago Texas politician removed during Trump speech as Democrats stage protest

The veteran Texas politician was forcibly removed after voicing opposition to Trump

Politics

38 h. ago The IRS is drafting plans to cut as much as half of its 90,000

The IRS is drafting plans to try to cut its workforce of roughly 90,000 people in half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation and not authorized to speak on the record

Politics

63 h. ago Fiscal 'heart attack' looms for US due to Donald Trump's spending plans, warns top fund manager

Ray Dalio, founder of asset manager Bridgewater Associates, said Trump's plan to cut taxes while ramping up spending would trigger a meltdown

Events

4 d. ago Israel cuts off humanitarian supplies to Gaza as it seeks to change ceasefire deal

Netanyahu’s office says it is imposing blockade as Hamas will not accept plan that Israel says US envoy put forwardIsrael has cut off humanitarian supplies to Gaza in an effort to pressure Hamas into accepting a change in the ceasefire agreement to allow for the release of hostages without an Israeli troop withdrawal.The office of the prime minister, Benjamin Netanyahu, said on Sunday it was imposing a blockade on Gaza because Hamas would not accept a plan which it claimed had been put forward by the US special envoy, Steve Witkoff, to extend phase one of the ceasefire and continue to release hostages, and postpone phase two, which envisaged an Israeli withdrawal from the Gaza Strip. Continue reading...

Politics

4 d. ago Obama's political guru reveals the major moment from Trump's Zelensky meltdown that everyone missed

Veteran strategist David Axelrod revealed the 'very odd' moment during Trump's Zelensky meltdown that everyone missed.

Politics

6 d. ago Ocado shares tumble again after online grocer posts £375m losses as it plans to cut R&D jobs

Ocado, which runs robotic warehouses for other firms alongside its Ocado Retail venture with M&S, has spent more than £800m on R&D over the past four years.

Economics

7 d. ago Ocado shares crash amid further job cut plans and disappointing outlook for 2025

Shares were down as much as 18 per cent in morning trading after their announcement

Events

7 d. ago BP to ramp up oil and gas output in major shift away from green goals

Fossil fuel firm will cut more than $5bn from low-carbon investment plan in ‘fundamental reset’Business live – latest updatesBP is dropping green goals, ramping up oil and gas production and slashing spending on low-carbon energy as part of a fundamental reset of the troubled company.The FTSE 100 fossil fuel company has promised shareholders it will increase its target for oil and gas production by 2030 to the equivalent of about 2.4m barrels a day – about 60% higher than the figure in its net zero plan set out five years ago. Continue reading...

Politics

8 d. ago BP to raise oil and gas spending to $10bn a year in pivot away from green goals

Firm confirms plans to scale back green energy efforts and ‘fundamentally reset’ strategyBusiness live – latest updatesBP will abandon its green ambitions by increasing its oil and gas investment to $10bn a year as part of a fundamental reset of the troubled company’s strategy.The company has confirmed that it will scrap its plan to cut its fossil fuel production and will instead grow production to 2.3m–2.5m barrels of oil a day by the end of the decade. Continue reading...

Economics

8 d. ago BP ramps up oil and gas investment to $10bn a year in ‘fundamental reset’ – business live

Oil and gas giant abandons green ambitions, as boss says it will be ‘very selective’ about investing in fossil fuel alternativesBP will abandon its green ambitions, including plans to cut its oil and gas production by the end of the decade, as part of a “fundamental reset” of the troubled company’s strategy.Instead, it is ramping up its oil and gas investment to $10bn a year.Today we have fundamentally reset BP’s strategy. We are reducing and reallocating capital expenditure to our highest-returning businesses to drive growth, and relentlessly pursuing performance improvements and cost efficiency. This is all in service of sustainably growing cash flow and returns.This strategy will see BP grow its upstream oil and gas business, focus its downstream business, and invest with increasing discipline into the transition.Connecting offshore wind farms such as Sofia helps harness the power of the North Sea to keep the lights on and deliver homegrown energy to British consumers.OFTO is par...

Economics