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Major Changes For CBS Morning Show Amid Paramount Skydance's Mass Layoffs, Reports Say
CBS News will overhaul its Saturday morning program as Paramount Skydance Corporation slashes about 1,000 jobs, according to reports.
"CBS Saturday Morning" will undergo major changes as about 100 CBS News employees are laid off, Variety reported. The Johannesburg bureau will also close, with oversight of Africa coverage shifting to London.
The show's co-hosts, Michelle Miller and Dana Jacobson, are among those affected, the Los Angeles Times reported. Veteran correspondent Deb Patta, who has reported extensively on Israel's military campaign in Gaza, will also depart.
The move w…
Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge
Burberry is cutting more than 1,500 jobs worldwide after the British luxury fashion brand saw a steep drop in profits.
The company will lay off about 1,700 workers by 2027, Burberry said in an earnings report on Wednesday, May 14. The job cuts are part of a broader restructuring plan, aiming to save 100 million British pounds.
The cuts will come from operational expenses, including procurement, real estate, and staffing. Burberry said the changes are "subject to consultation where applicable."
The layoffs follow a difficult year for Burberry, which reported a 94% drop in adjusted oper…
Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears
President Donald Trump is reversing course on tariffs against Mexico, stepping back from a trade war he started with the nation's southern neighbor.
In a Thursday, Mar. 6 post on his social media platform Truth Social, Trump said he struck a deal with Mexican President Claudia Sheinbaum to delay tariffs on goods covered by the United States-Mexico-Canada Agreement (USMCA).
The pause will be in effect until Tuesday, Apr. 2.
"I did this as an accommodation, and out of respect for, President Sheinbaum," Trump posted. "Our relationship has been a very good one, and we are working hard, to…
