budget cuts

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Soaps Slip on Auto Ad Woes; Even Lucci Takes Pay Cut

Dramas cut budgets amid fears of lost advertising

(Newser) - Trouble in the auto industry is causing drama for daytime TV as soaps lose big advertising dollars, Advertising Age reports. Local dealerships are key backers of the shows, which have been in a ratings decline for years. The upshot: trimmed budgets, fewer sets, and dropped actors, including a pair of...

Want to Save Detroit? End the Iraq War
Want to Save Detroit?
End the Iraq War
OPINION
Nov 26, 2008 11:30 AM CST

Want to Save Detroit? End the Iraq War

People are dying, and more importantly, money is being lost

(Newser) - You don’t hear much about the Iraq war these days, though the US death toll hit 4,205 on Monday. If human life isn't a convincing enough reason to bow out, writes Roger Simon in Politico, then here's one that "really is upsetting people these days: money."...

More Riders, Pricier Fuel Stress Out Transit Agencies

Diesel expenses eat up shrinking budgets even as commuters abandon cars

(Newser) - The same agencies that stand to benefit as commuters turn to public transit to escape high gas prices are finding themselves hamstrung by rising fuel costs, the Wall Street Journal reports. Ridership is up by as much as 35% for some bus lines, but the cost of diesel has doubled...

$4M NASA Cut May Strand Mars Rover

Shrinking budget could also leave 300 jobless

(Newser) - NASA confirmed and denied plans today to scuttle a Mars rover and fire 300 employees, CNN reports. The space agency first announced a $4 million cut to the Mars program's $20 million budget and vowed to unplug one of two rovers roaming the red planet. Then a NASA spokesman told...

Startups in Silicon Valley Tighten Belts

Many girding themselves against possible recession

(Newser) - Companies in Silicon Valley are slowing spending and stockpiling funds to prepare for a possible recession, with many startups raising safety-net cash from investors. Venture capitalists, who raised more funds last year than any year since 2001, continue investing, reports the Wall Street Journal, despite a recent survey that found...

States Snatch Child Support
States Snatch Child Support
Dec 1, 2007 7:20 AM CST

States Snatch Child Support

States are tracking down more deadbeat dads, but kids aren't getting the money

(Newser) - States are getting better at making deadbeat dads cough up child support, but not much of the cash is getting to the kids, the New York Times reports. The money's been going to repay back welfare benefits instead. Almost half of states keep all the money; most others pass along...

$4B Crunch Threatens BBC Jobs
$4B Crunch Threatens BBC Jobs
Oct 10, 2007 4:37 AM CDT

$4B Crunch Threatens BBC Jobs

(Newser) - A massive funding shortfall at the British Broadcasting Corporation could trigger unprecedented job cuts, reports the Independent. As many as 2,800 people—about 12% of the BBC's labor force—could lose their jobs. Officials at the BBC, which is financed by a $270 license fee paid by viewers, project...

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