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Top Business Insider News

HP · United StatesPC and printer maker HP Inc. said Tuesday that it will lower its headcount by 4,000 to 6,000 people. The company also issued a lower-than-expected earnings projection for the new fiscal year.
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HP to cut about 6,000 jobs by 2028, ramps up AI efforts
43% Left coverage: 40 sources

US Economy · United StatesTreasury Secretary Scott Bessent said Tuesday he expects President Donald Trump to make a decision on the new Federal Reserve chair by the holiday season.
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Bessent says there’s a ‘very good chance’ Trump names new Fed chair before Christmas
64% Center coverage: 30 sources

U.S. Navy · United StatesBy Brad Lendon, CNN (CNN) — The US Navy’s beleaguered shipbuilding program took a major hit on Tuesday as Navy Secretary John Phelan announced he was cancelling plans to buy Constellation-class frigates, once heralded as a key part of US strategy to keep up with China’s rapidly expanding naval fleet. Phelan said the multibillion-dollar program for the surface combatants wasn’t delivering any bang for the buck. “I won’t spend a dollar if it doesn…See the Story
US Navy Axes Frigate Program in Another Blow to Efforts to Keep up with China’s Fleet
75% Center coverage: 12 sources
