IJR News — today's news from every side

IJR News — today's news from every side

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Uber cuts 3,300 jobs to fund AI and self-driving push — Sep 3, 2026Uber announced a 10% global workforce reduction, roughly 3,300 to 3,400 jobs, aimed at simplifying the organization, cutting management layers, and freeing resources for drivers, couriers, merchants, and autonomous driving initiatives. The company will consolidate teams around major hubs in SF and NY and require most employees to work in-office, signaling a broader push into AI and self-driving technology amid industry competition.

Tom Gallagher Cutting drivers' human coworkers to fund the tech that eventually replaces drivers too. Bold strategy.

Honda presses suppliers to cut prices in $9.4 billion savings plan — Sep 2, 2026Honda is aiming to save about 1.5 trillion yen ($9.4 billion) by 2030 by pressuring suppliers to lower prices, increasing parts standardization, and sourcing more components from China, as it battles EV losses and competition from Chinese automakers. The plan targets roughly 30% cuts in three key categories—pressed and forged components, electrical parts, and software-defined-vehicle parts—with company-specific supplier targets and concerns about feasibility and impact on margins.

Rachel Meyers Squeezing suppliers 30% while chasing EV losses sounds like a recipe for corner-cutting on quality down the line.

Lululemon cuts 2026 outlook again as stock tumbles before new CEO arrives — Sep 3, 2026Lululemon posted a 4% drop in Q2 revenue to about $2.4 billion and a 9% decline in comparable sales, triggering a reduced full-year outlook of roughly $10.35–$10.50 billion in revenue and lower EPS, with the stock plunging in after-hours trading. The company is also entering a leadership transition as Heidi O'Neill prepares to take over as CEO on Sept. 8, while management emphasizes product innovation and cost control to address ongoing weakness in North America and China amid investor tensions tied to founder Chip Wilson.

Rachel Meyers Stock tumbling before the new boss even shows up sets a rough tone. Hope they have a real turnaround plan and not just more price cuts.

Video — YouTubeJon on Trump's Meme Assault on Canada & the Alternate Reality He's Constructed | The Daily ShowThe Daily Show · 8.9M views · Sep 9, 2026

Shein HK IPO valued at $26B, among 2026's largestFinance — Aug 30, 2026Shein is targeting a Hong Kong listing valued at about $26.5 billion, roughly a quarter of its 2022 peak, which would cut founder Sky Xu’s net worth to about $8 billion. The move underscores a broader shift as investors favor AI over e-commerce, while Shein faces tariffs, regulatory scrutiny, and mixed results for recent Hong Kong IPOs amid attempts to list elsewhere.

IJRBirth Tourism Is a Loophole. It Is Time To Close It.Rich McCormick · 5 min · 12h

Dick's Sporting Goods Cuts Full-Year Forecast, Shares Fall — Aug 25, 2026Dick's Sporting Goods cut its full-year outlook, guiding 2026 revenue of about $21.9 billion to $22.2 billion and GAAP EPS of roughly $10.94 to $11.94 as softer demand weighs on sales. The Q2 results showed adjusted EPS of $3.53 on $5.59 billion in revenue, with much of the pressure stemming from the Foot Locker integration and a promotional market environment, leaving 2026 guidance well below Wall Street expectations.

RankingBest Pop Albums of All TimePop albums have defined generations through catchy hooks, emotional depth, and massive cultural moments. From Thriller's record-breaking sales to modern streaming giants, these records shaped the sound of popular music. Vote for your favorites to rank them.728 votes · 26 candidates

KPMG Australia plans 400 job cuts amid leaks — Aug 24, 2026KPMG Australia will cut 27 partners and about 360 staff (roughly 5% of the workforce) and overhaul its structure as consulting revenue declines and a whistleblower/data-misuse scandal weighs on contracts and future audits, with revenue falling to about $2.26 billion from $2.28 billion. The moves, part of a broader restructuring to align with the global advisory model, follow heightened scrutiny and inquiries into the firm’s conduct and client data handling.

‘Super Bad Feeling’: Elon Musk Reportedly Wants to Cut 10 Percent of Tesla StaffReporting — Jun 3, 2022Tesla CEO Elon Musk wants to make cuts to the company’s staff, according to a report. Reuters reported Musk has a “super bad feeling” about the economy and needs to cut roughly 10% of the staff, citing an email to…

Alpha Architect ETFs Report Sharp August Short-Interest DeclineFinance — Aug 25, 2026Several ETFs saw substantial cuts to short interest in August, signaling shifts in investor positioning: Alpha Architect Tail Risk ETF (CAOS) saw short interest plunge about 90.9%, Alpha Architect Aggregate Bond ETF (BOXA) fell roughly 96.2%, Abacus FCF International Leaders ETF (ABLG) dropped about 96.7%, Cultivar ETF (CVAR) declined around 98.7%, and FT Vest U.S. Equity Moderate Buffer ETF – March (GMAR) decreased by roughly 99.1%. Across these funds, short-selling activity and days-to-cover shrank dramatically as traders recalibrated risk exposures and liquidity moves persisted.

STEPHEN MOORE: Show Me The Money – Trump Tax Cuts Benefit Middle Class — Apr 8, 2026Democrats keep attacking President Donald Trump’s Big Beautiful Bill Act of 2025, as a tax cut for the rich. But the data show that the average family GAINED roughly $2,000 on their lower tax bill for this year. Every…

On X · @TouchlineXMan Utd boss Michael Carrick’s Premier League record vs big clubs highlighted ahead of City clashThe @TouchlineX post notes that Carrick has already beaten Manchester City, Arsenal, Liverpool, Chelsea, Tottenham and Aston Villa in the Premier League, and that he could defeat City for a second time. It is trending modestly as pre-match hype/banter on a Manchester United vs Manchester City fixture day, amplifying Carrick’s results since taking over.886 likes · 11m

Luis Robert Jr. on waivers by MetsSports — Aug 29, 2026The New York Mets placed outfielder Luis Robert Jr. on outright waivers, giving a 48-hour window for another team to claim him and assume about $5 million guaranteed (roughly $3 million in 2026 salary plus a $2 million buyout) with a $20 million club option for 2027; if unclaimed, he remains with the Mets and could be postseason-eligible for a claiming team if done by Sept. 1. The move is framed as a cost-cutting measure by the Mets amid injury history and uneven production, though Robert has shown a burst of strong performance recently and remains an attractive but uncertain asset.

Video — YouTubeA tactical genius in the stands?! 🤯 #ShortsDistantMoments · 3.6M views · Sep 11, 2026

Centrica plans 1,300 job cuts in AI overhaul — Jul 23, 2026British Gas owner Centrica announced plans to cut about 1,300 jobs over two years—roughly 14% of its customer operations—as it shifts to digital self-service and AI tools, with 800 additional cuts on top of 500 previously announced. The company says the changes reflect evolving customer behaviour and ongoing efficiency investments, while unions and critics argue the move amounts to replacing human call-center roles with automation, despite assurances that essential support for vulnerable customers will remain.

VS BattleSoccer vs American FootballThe world's game versus America's obsession — simplicity against spectacle.Soccer vs American Football · 146 votes — pick a side

Berkshire Cuts Bank of America Stake, Delta Purchase — Aug 21, 2026Berkshire Hathaway trimmed its Bank of America stake by about 30.2 million shares in Q2 2026, lowering its BAC position to roughly 483 million shares and signaling a broader shift under Greg Abel that included a new Delta Air Lines investment. Bank of America also boosted its dividend 14% to $0.32 a share, underscoring continued cash generation as Berkshire rotates holdings, with 13F filings illustrating ongoing portfolio reshaping.

MS NOW Makes Major Announcement About Future Of ‘Morning Joe’ — Mar 18, 2026MS NOW said it will cut “Morning Joe” down to three hours in a major lineup shuffle roughly six months after being spun off from NBC, Mediaite reported. “Morning Joe” co-hosts Joe Scarborough and Mika Brzezinski had…

Pennsylvania Slashes Funding to Pro-Life Counseling CentersReporting — Sep 1, 2023Pennsylvania has cut funding to pro-life counseling centers, ending roughly three decades of support. Democratic Pennsylvania Gov. Josh Shapiro announced the state would be ending an agreement with Real Alternatives, a…

Daily Caller News FoundationBirth Tourism Is a Loophole. It Is Time To Close It.American citizenship should never be for sale. Right now, it is.12h · 1 reads

Biden Admin Cuts $85 Million Check To Boost Production Of Green Appliance Despite Cratering DemandReporting — Aug 8, 2024The Biden administration is deploying roughly $85 million to boost production of a green appliance despite plummeting consumer demand, according to a Wednesday press release from the U.S. Department of Energy (DOE). The…

QuizWhat's your pet energy?At home, with your guard down, you are an animal. Twelve questions to determine which one.3 min · today's quiz

Commentary: CNN’s Cuomo: Pro-Lifers Don’t Care About Science – It’s Just About Winning Over Racist White VotersReporting — May 20, 2021I know it may not seem like it, but I’ve been inclined to cut Chris Cuomo a bit of slack this year. It’s been a rough 2021 for the CNN host. In January, the New York state attorney general announced his brother’s…

Trump State Dept Notches Roughly $60 Billion In ‘Savings’ After Taking Torch To Wasteful Funding, Memo Says — Feb 26, 2025The Trump State Department has already saved taxpayers billions of dollars after cutting a slew of grants, according to an internal memo provided to the Daily Caller News Foundation by a senior State Department…

Video — YouTubePapoose "Jezebel" Official Music VideoPapoose · 265.9K views · Sep 11, 2026

Top Exec Donated To Biden-Harris Campaign After Admin Cut Check To Her Chinese-Owned EV Firm, Records ShowReporting — Oct 10, 2024The Biden-Harris administration gave a six-figure subsidy to a China-linked electric vehicle company in late 2022 and, roughly a year later, its president showered the Democratic presidential ticket with tens of…

US Jobless Claims Fall to 187,000 — Jul 23, 2026Initial jobless claims fell to about 187,000 for the week ending July 18, signaling a still-tight U.S. labor market and keeping rate-cut prospects uncertain as the four-week average sits around 207,500. Economists’ forecasts for the next report range roughly 195,000 to 220,000 claims, with market commentary noting the data reinforce a resilient economy despite inflation concerns.

IJRAnthropic CEO Urges Industry To Pace Itself Following String Of Runaway, Close-Call IncidentsSpencer Lombardo · 5 min · 12h

SAP Posts Strong Quarter; 2026 Outlook CutFinance — Jul 22, 2026SAP’s stock remains near a 52-week low and has shed roughly 37% this year as investors await the Q2 2026 results, with caution intensifying amid questions whether its AI investments will translate into near-term revenue. The spotlight stays on cloud growth, with consensus Q2 cloud revenue around €6.25 billion and SAP’s fiscal 2025 cloud revenue of €17.0 billion underscoring the shift to recurring software despite near-term volatility.

DJE Kapital AG Sells 79,600 Iamgold SharesFinance — Jul 21, 2026DJE Kapital AG trimmed its mining stock holdings in Q1, cutting Iamgold by 30.6% to 180,200 shares worth $3.275 million, and reducing Newmont by 37.8% to 963,044 shares worth about $102.476 million, along with a 4.1% decline in Agnico Eagle Mines to 503,088 shares worth roughly $99.548 million. The moves accompany broader adjustments by other institutional investors and several brokerages issuing updated ratings or price targets on these companies.

Drowning prevention gains momentum as WHO launches PROTECT — Jul 23, 2026The World Health Organization unveiled PROTECT, a seven‑pillar technical package to prevent drowning, focusing on safer water infrastructure, rescue and resuscitation, occupational safety, stronger water transport standards, swimming and water safety education, child protection, and flood and emergency preparedness, with Ghana highlighted as the launch site ahead of World Drowning Prevention Day. The plan targets roughly 300,000 drowning deaths annually—predominantly in low‑ and middle‑income countries—and follows a global strategy to cut deaths by a substantial margin by 2035 amid rising climate-related risks, calling for cross‑sector action by governments and partners.

Cutler Investment Counsel Alters ETF Stakes Across SPEM, BNDX, RPG, WAT in Q1Finance — Jul 21, 2026Cutler Investment Counsel LLC reshuffled its holdings across multiple ETFs and stocks in the first quarter, trimming its stake in SPDR Portfolio Emerging Markets ETF (SPEM) by 1.8% and reducing exposure to Invesco S&P 500 Pure Growth ETF (RPG) by 5.9%. At the same time, it boosted its position in Waters Corporation (WAT) with a 2,073-share purchase and increased its stake in Vanguard Total International Bond ETF (BNDX) by 42.6% to about 40,096 shares worth roughly $1.93 million.