Sentences with phrase «slash spending in»

Chevron said on Friday it plans to spend between $ 25 billion to $ 28 billion next year and expects to further slash spending in 2017 and 2018 as well, an acknowledgment that oil prices are not expected to rise at all in the near future.

Not exact matches

Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 2014.
They slashed training budgets during the recession, and though that spending is coming back — up 15 % in 2013, according to a Deloitte survey — corporate talent development is thought to be a dying art.
That is because banks, private - equity firms and institutional investors have continued to pour money into the sector even as oil companies slashed billions of dollars in spending from their budgets and laid off more than 100,000 workers.
Of course, we could avoid deficit if the party in power (whichever one it will be) raised taxes or slashed spending.
If America wants tax reform, the only responsible approach is to first reform what should come first, the unbridled growth in entitlements that makes slashing taxes that support that spending, on hopes the economy will boom, a dangerous shot in the dark.
In January the U.S. Congress passed a budget deal that boosts U.S. government spending, following a December tax package that slashes corporate tax rates.
To try and secure the deal, the government announced an austerity plan to raise taxes and slash US$ 20 billion in public spending — including cuts to social welfare and public jobs, and a lowering of the minimum wage.
President Donald Trump will propose beefing up military spending and slashing domestic programs and foreign aid in his fiscal year 2018 budget to be released on Thursday.
His «Common Sense Revolution» in the 1990s slashed spending and pushed ahead with controversial changes to public services that sparked widespread labour unrest and sometimes violent demonstrations.
Exxon, Royal Dutch Shell, Statoil, BP, and Chevron announced dismal earnings this week, missing expectations and showing how slashing spending and pulling back isn't yet enough in a world where oil has dropped from a high of $ 115 - per - barrel in 2014 to a low of $ 27 - per - barrel in January of this year.
Ford is now aiming to hit a pretax profit margin target of 8 percent by 2020, two years earlier than it previously planned, by slashing $ 25.5 billion in costs and $ 5 billion in capital spending.
Some of Trump's proposals would slash funding for the National Institutes of Health by $ 1.23 billion, Bloomberg reports, and could bring research spending levels back to their level in 2000.
He points out that while the Internet has slashed or even eliminated the price of entertainment, people have historically enjoyed many leisure activities that didn't cost much money, including taking solitary walks in the park and spending quality time with family members who weren't perpetually distracted by Twitter.
While the president - elect hasn't specifically said he'd cut alternative energy credits, they could become a target in his plan to slash government spending.
These «furloughs,» which resulted from the sudden need of the FAA to slash spending by 10 %, kicked in on Sunday.
Three defense contractors found success in diversification after the government slashed its spending.
Another high - profile project using laser ignition, HiPER (High Power Energy Research facility), has so far escaped funding grief, but with its host government in the United Kingdom slashing spending across the board, this perennial next - year technology makes an easy target.
In order for the drug to be cost effective, drugmakers should slash the price of the drug by over two thirds — to $ 4,536, when patients would be spending about $ 100,000 to keep themselves healthy, the researchers wrote in the JAMA articlIn order for the drug to be cost effective, drugmakers should slash the price of the drug by over two thirds — to $ 4,536, when patients would be spending about $ 100,000 to keep themselves healthy, the researchers wrote in the JAMA articlin the JAMA article.
While software robots were an obvious choice in terms of speeding up processes and slashing corporate spending, members of the IT department were skeptical.
Under this approach, aggressive investing would be key, even if that involved slashing prices or spending billions on expanding capacity, in order to become consumers» one - stop - shop.
Infrastructure, we're going to start spending on infrastructure big, said Donald Trump days before he unveiled his $ 1.5 trillion infrastructure budget proposed by his administration, but as economists have pointed out, Trump's proposed budget requests only $ 200 billion in federal funds and slashes billions in transportation funding, billions more from water, energy.
In response to these strains, state and local governments have cut infrastructure investment, slashed support for higher education, cut spending on K — 12 education, cut spending on social benefits other than Medicaid, reduced administrative staff and reduced most other areas of the budget.
«If he doesn't push the U.S. economy into recession by slashing public spending, Canada's exports might end up as collateral damage in his push to increase protectionism.»
After all, there's now a businessman in charge at the White House rather than a politician, and Trump has promised to cut taxes, boost infrastructure and defence spending and slash regulations.
A series of cuts known as the sequester slashed spending by tens of billions of dollars early in the year, until a deal to restore some of the reductions this year.
And the reason I argue in the book that earlier depression was over so quickly was because the federal government really did sit back and do nothing, they actually slashed spending because this was right after World War I.
The co-operative cited a spike in the Australian dollar and a global dairy market that continues to weaken after China slashed its spending on bulk dairy imports and amid Russia's ongoing trade sanctions on many western products.
In the process, facilities are able to slash the amount of time that humans spend just walking from place to place.
By getting stan out would be a start, get Usaminov in... if we are not going to spend in the market on players then contracts of stars sorted, training facilities upgraded (both are in negotiations) and fans appreciated by ticket prices slashed to suit everyone!
It's not to win, it's not to entertain — it's to get back that investment on the team, because the ownership group has basically already spent the money they could slash are willing to spend on acquiring the franchise in the first place.
But the # 1 million spent on this in 2010 was slashed to zero, before restoring around # 100,000 to the budget.
He slashed spending by 25 % in Rye and is working to dissolve the town — and his job — to save taxpayer money.
In its particulars, the deal averting a government shutdown includes few of the cuts the president sought, and more resembles the kind of spending deals that former President Barack Obama — a Democrat — struck with Republicans in Congress, rather than the wall - building, program - slashing approach Trump suggesteIn its particulars, the deal averting a government shutdown includes few of the cuts the president sought, and more resembles the kind of spending deals that former President Barack Obama — a Democrat — struck with Republicans in Congress, rather than the wall - building, program - slashing approach Trump suggestein Congress, rather than the wall - building, program - slashing approach Trump suggested.
Osborne also said he would slash general departmental spending by a further # 13bn in the first two years of the parliament — enough, alongside growth, to put the overall budget in surplus by 2018.
«No wonder our growth figures are in freefall when this government slashes spending while doing nothing to support growth and jobs.»
He's had a tough task, what with slashing spending hither and thither, and hasn't always covered himself in glory in the process.
This is projected to hit N3 trillion ($ 15 billion) due to heavy infrastructure spending at a time when the slump in global oil prices has slashed the country's export revenues.
The contributions went to the Committee to Save New York, a business and labor coalition that raised $ 17 million and spent nearly $ 12 million in 2011, much of it on campaign - style television and radio advertisements praising Mr. Cuomo and supporting his proposals to cap property taxes and slash state spending.
The new coalition government in Britain has begun a process of attacking working class living standards through public spending cuts, slashing public services and reducing public sector pay, jobs and pensions.
The bill is set to slash charities» spending limits by 60 %, restrict their spending in individual constituencies to just # 9,750 and force those involved in coalition campaigning to count all the coalition's spending as their own.
So it seems strange that the last five years involved the very opposite: a justice secretary who slashed prison funding and stuffed even more inmates in there, leading to soaring rates of suicide and assault and prisoners spending up to 23 - hours a day locked in their cells.
In its particulars, it more resembles the kind of spending deals that former President Barack Obama — a Democrat — struck with Republicans in Congress, rather than the wall - building, program - slashing approach Trump suggesteIn its particulars, it more resembles the kind of spending deals that former President Barack Obama — a Democrat — struck with Republicans in Congress, rather than the wall - building, program - slashing approach Trump suggestein Congress, rather than the wall - building, program - slashing approach Trump suggested.
Although the Lib Dems were braver than their new Conservative allies in specifying cuts in their manifesto they did not get anywhere near the quarter of public spending about to be slashed.
Spending decisions ignore evidence in favour of politics, as the horsetrading over plans to slash budgets for scientific research shows
Gov. Cuomo is threaten ing to shut down state government in early April if the Legislature refuses to pass a new budget that slashes spending by an unprecedented $ 10 billion, The Post has learned.
«What's progressive about alliances with a party that spent six years slashing welfare spending in Britain, reorganised the health service and wasted # 3bn in doing it — forgive me, what is the progressive bit with the Liberal Democrats?»
ALBANY - Gov. Cuomo will propose a slash - and - burn state budget plan Tuesday that reduces overall spending for the first time in nearly 15 years.
In a few short days, members of Congress must vote to avoid the series of across - the - board spending cuts known as sequestration, but if not; many programs that benefit the neediest families will have their budgets slashed mid-year.
MANHATTAN — Gov. Andrew Cuomo proposed a plan to slash billions from the state's budget, including a 2 percent cut in Medicaid spending, a $ 1.5 billion reduction in school aid and nearly 10,000 state worker layoffs, according to a plan unveiled Tuesday.
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