Category Archives: WBAP 24/7 News

Estee Lauder To Cut Up To 7,000 Jobs As Sales Slide

Estee Lauder To Cut Up To 7,000 Jobs As Sales Slide

NEW YORK (AP) — Estee Lauder said it’s expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as the global beauty company tries to boost sales and profits. The announcement on Tuesday comes as the company behind such brands as MAC, La Mer and Aveda, cut its earnings…MORE

What Does The USAID Do? Why Do Trump and Musk Want to Get Rid of It?

What Does The USAID Do? Why Do Trump and Musk Want to Get Rid of It?

Photo Courtesy of AP WASHINGTON — Dozens of senior officials have been placed on leave, thousands of contractors laid off, and billions in humanitarian aid frozen to foreign countries. In the last two weeks, President Donald Trump’s administration has introduced sweeping changes to the U.S. agency responsible for delivering global humanitarian assistance, leaving aid organizations…MORE

Calm Returns to Wall Street, US Indexes Make Modest Moves

Calm Returns to Wall Street, US Indexes Make Modest Moves

Photo Courtesy of AP NEW YORK — Wall Street showed signs of stability Tuesday, with U.S. stock indexes making only modest moves in early trading, following a stronger performance in Europe and Asia earlier in the day. As of 9:35 a.m. Eastern time, the S&P 500 was up by 0.1%, recovering from a sharp drop…MORE

Trump Agrees To Pause Tariffs On Canada For A Month

Trump Agrees To Pause Tariffs On Canada For A Month

President Donald Trump on Monday held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts. Trump on Saturday had directed that 25% tariffs on most imports from the two American partners — and 10% on Canadian energy products — go into…MORE

U.S. Pauses Tariffs on Mexico

U.S. Pauses Tariffs on Mexico

(WBAP/KLIF) — AP — President Donald Trump is pausing his tariffs planned for Mexico by one month, giving time for negotiations as Mexican President Claudia Sheinbaum said she would deploy 10,000 members of her country’s national guard to the shared border to stop drug trafficking. But as of now, the taxes on imports from Canada…MORE