This decision is influenced by several factors, including the facility's age, anticipated capital requirements to make improvements to the facility and add or replace equipment and systems, high operating costs in California, the long-term milk supply outlook, and the increased capacity due to the opening of our Lubbock, Texas facility,
The federal government paid Stellantis more than $220 million to help upgrade its plants in Ontario before the automaker revealed plans to move some production to the U.S., recent records show. It's more than double the amount the federal government disclosed when asked in October about its Stellantis spending, after the multinational announced that it will scrap plans to build the Jeep Compass at its Brampton plant and assemble it in Belvidere, Ill., instead. Stellantis has received $18,629,124 under the agreement for FYE (fiscal year end) 2023 and $85,936,055 for FYE 2024, for total support of $104,565,179, a spokesperson for Innovation, Science and Economic Development Canada (ISED) told CBC News at the time. But the figures did not include the most recent fiscal year, which concluded at the end of March.
For a year, the deal progressed behind closed doors, with only scant details released around the edges. Upon conclusion last week, one analyst - Gartner's Ewan McIntyre - told The Drum that, if the new Omnicom is to keep its top-spot as the presumptive biggest marcomms group in the world, it will need to start "communicating a lot more openly about [its] vision".
Rachel Reeves announced in her budget that she would cut 150 a year from the average energy bill, partly financed by axing the 1.3bn energy company obligation (ECO) scheme that helped fund upgrades for homes owned or rented by households earning under 31,000. This scheme is due to be end in March. The government plans to launch a warm homes plan to provide funding for heat pumps, insulation and other home upgrades but this has been beset by delays.
A spokesman for the global energy company said there was not a "competitive future" for the site because of the UK's current economic and policy environment combined with market conditions. Deputy First Minister Kate Forbes said the Scottish government would support workers, and the Grangemouth investment taskforce would be expanded to also consider the future of the Mossmorran site. Exxon Mobil said 179 directly employed jobs will be at risk, along with 250 contractors.
More than 100 jobs are at risk at Aston Martin's St Athan plant in the Vale of Glamorgan, as the luxury carmaker grapples with US trade tariffs and falling demand from China. The company, which began production at its Welsh site in 2019, confirmed that staff consultations are under way but said no final decision on redundancies has yet been made.
The deal will save 64 Pizza Hut sites in the UK and secure the future of 1,277 workers, the company said. Those sites will be owned directly by Yum. The closures come only nine months after the purchase of the UK Pizza Hut franchise by Directional Capital, a US private equity firm that already operated Pizza Hut restaurants in Sweden and Denmark. Directional claims to manage more than $5bn (3.7bn) in assets, with a focus on mid-market companies that need to raise cash.
Billionaire Sir Jim Ratcliffe's petrochemicals group Ineos has announced plans to cut 60 jobs at its Hull Acetyls plant in East Yorkshire, citing "dirt-cheap, carbon-heavy imports from China" and "sky-high" UK energy costs.
In August, California had 248,000 federal government jobs, according to seasonally adjusted numbers that Beacon Economics derived from monthly jobs reports released by the state Employment Development Department. During that same month, the Bay Area had 41,000 federal jobs, Beacon estimates show. August is the most recent month for which nonfarm payroll figures are available for the Bay Area and California.
Directors said the outlook "remains challenging," blaming Reeves's decision to increase employer National Insurance contributions and cut the payment threshold. They warned that the "service-led nature" of hospitality meant the sector was being "severely impacted" by higher staffing costs, with nearly 90,000 hospitality jobs already lost nationwide since the October Budget.
Today's figures are a stark warning: retail jobs have plunged to a record low with 97,000 jobs lost over the last year, and almost 400,000 lost over the last decade. The rising cost of NICs and NLW, together costing the industry over £5 billion this year, are hitting retail employment hard. And worse could be yet to come, with the Employment Rights Bill having a "materially negative impact on employment" according to the OBR.
The dismal August jobs report confirmed the labor market cooled significantly during the spring and summer. That coincided with the start of President Donald Trump's trade war. While some tariff-impacted industries have seen minimal changes in payrolls, others like manufacturing and wholesale trade have taken bigger hits. Since President Donald Trump launched his trade war earlier this year, industries impacted by tariffs have shed tens of thousands of jobs.
PBS's chief executive told public television officials Thursday that it was cutting about 15 percent of its jobs due to the move by Republicans in Congress to eliminate all federal funding for public broadcasting. Thirty-four PBS staffers were notified Thursday that their positions were being cut. Taken with the loss of a longstanding federal grant for an educational initiative earlier this summer, and the elimination of about three dozen other vacant positions, PBS will have lost more than 100 jobs in all.
Health and beauty retailer Bodycare is facing administration, putting over 100 stores across the UK and 1,500 jobs at risk. It is anticipated that the retailer, which was established over 50 years ago on a Lancashire market stall, will appoint administrators from Interpath Advisory as early as Friday. Bodycare, which specialises in offering skincare, cosmetics, toiletries, and fragrances, has over 1,500 employees and operates over 100 outlets nationwide.
We know that, in a world facing ongoing global conflicts and crises, highlighting the challenges of hospitality may seem secondary. But the reality is stark: costs continue to rise while consumers are unable to afford higher prices. Operators are trapped in an unsustainable position, leading to closures, job losses and real risks to one of the UK's most vital industries. Hospitality is not a luxury. It is the UK's third-largest employer and a critical driver of the economy.
New data by the Association of Convenience Stores (ACS) has revealed that convenience stores have slashed 2,000 jobs over the past 12 months.
the funding was a waste of money that could otherwise go towards revitalising America's maritime industry. Thanks to President Trump, we are prioritising real infrastructure improvements over fantasy wind projects that cost much and offer little,
EY recorded roughly 51,500 lost car industry jobs in the space of a year, equating to 6.7% of the sector's total workforce. This made up almost half of the 114,000 industrial jobs lost in the same time period. The phenomenon also appears to be accelerating: Since 2019, before the COVID-19 pandemic, roughly 112,000 carmaking jobs have been lost in Germany
"From young people taking their first step into the world of work to parents and carers returning to the workforce, retail offers opportunities that meet the needs of people in all corners of the country. These increases in employment costs are putting those opportunities at risk."
"Stephen Woodward, 36, pocketed over 1 million from running illegal streaming websites and was sentenced to three years and one month in prison for copyright infringement."
