Business

Aston Martin to cut up to 20% of its workforce

British luxury automaker Aston Martin said on Wednesday that it will cut up to 20% of its workforce as tariff and regulatory headwinds along with a challenging market backdrop weigh on the business. The company said the cuts will result in an annualized savings of about 40 million pounds ($54…

Trump pledges to make housing affordable while keeping values up

President Donald Trump said his administration plans to make housing more affordable for new homebuyers while keeping home values high for existing homeowners. Trump delivered his State of the Union address to a joint session of Congress on Tuesday night and touted the lower cost of new mortgages since he took office…

Trump unveils retirement plan with up to K federal match

President Donald Trump on Tuesday outlined a new retirement plan that would see the federal government match a portion of the contributions made by American workers to retirement plans that aren’t matched by their employers. Trump discussed the proposal during his State of the Union address to a joint session of Congress…

Bill Gates apologizes to foundation staff over Epstein ties

Bill Gates apologized to staff of the Gates Foundation over his ties to Jeffrey Epstein, admitting he made mistakes that had cast a cloud over the philanthropic group while insisting he didn’t participate in Epstein’s crimes.  In a town hall on Tuesday, the Microsoft co-founder acknowledged that he had two affairs with Russian women that Epstein…