Tag: Deal

Microsoft Axes Nearly 2,000 Jobs After $69 Billion Deal

Turns out that spending $69 billion in a major acquisition deal can have dire consequences on the bottom line. Now — as cold as this may be — what’s the easiest way to massage that bottom line? Reducing payroll. And that’s exactly the strategy that Microsoft appears to be adopting after it announced a massive […]

Senate border deal on the verge of collapse

Top Senate Republicans said Thursday that bipartisan talks to address the crisis at the southern border are on life support, imperiling chances of a broader deal on tens of billions of dollars in support for Ukraine and other U.S. allies. House Republicans have been balking at details of the negotiations and former President Donald Trump […]

Senate Democrats prod left flank to fall in line on border deal

The Democratic senator leading talks with Republicans on a border security and migrant policy deal has a warning for progressives: You’re not going to like it. “This agreement is not going to make everybody happy,” said Sen. Chris Murphy, Connecticut Democrat. “But I hope that people will refrain from judgment until we have the opportunity […]