All articles tagged with #cost saving
Originally Published 23 days ago — by The Verge
Due to skyrocketing RAM prices, Paradox Customs is selling prebuilt PCs without memory, allowing users to add their own RAM if they have spare sticks, highlighting the current struggles in the PC component market.
Originally Published 1 month ago — by MacRumors
The upcoming iPhone 17e will feature slimmer bezels while retaining the same OLED panel as the iPhone 14, with no plans for the Dynamic Island, focusing on cost-effective design tweaks rather than major hardware changes.
Originally Published 6 months ago — by Newser
To make vacations cheaper, consider alternative destinations like Montreal instead of Paris, stay outside city centers, and explore budget accommodations such as hostels or house-sitting, while also being flexible with travel dates to save money.
Originally Published 6 months ago — by BBC
The royal train will be decommissioned by 2027 as part of cost-saving measures by Buckingham Palace, citing low usage and high maintenance costs, with the royal family continuing to travel via regular trains and other means. The decision aligns with broader efforts to manage royal expenses, including increased funding for palace renovations and high travel costs for the monarchy.
Originally Published 6 months ago — by Motor1.com
A TikToker shared a viral tip for saving money on Lyft rides by asking drivers how much they are paid, then offering to pay them directly, which can reduce the fare and benefit drivers. The article discusses Lyft's dynamic pricing, driver pay rates, and industry criticisms about underpayment, along with Lyft's efforts to increase driver earnings. The tip highlights potential ways to lower ride costs and improve driver compensation.
Originally Published 1 year ago — by syracuse.com
The article discusses how small lifestyle changes can help reduce medical costs and improve health. It highlights the negative health impacts of prolonged sitting, suggesting standing during certain activities as a remedy. It also emphasizes the importance of drinking water over sugary drinks and getting sufficient sleep to prevent health issues and associated costs. These changes can help manage the financial burden of healthcare, which affects millions of Americans.
Originally Published 1 year ago — by Daily Mail
Americans are resorting to taking medications prescribed for their pets, including antibiotics and painkillers, in order to save money on prescriptions. This practice has raised concerns among doctors, who warn of potential organ damage and even death due to the risks involved. The cost of pet medications is significantly lower than human equivalents, leading some individuals to use their pets' prescriptions to self-treat various conditions. However, this practice is illegal and poses serious health risks, as animal medications may contain components harmful to humans and may not effectively treat human health issues.
Originally Published 1 year ago — by Yahoo News
WK Kellogg CEO Gary Pilnick suggested eating cereal for dinner to save money on groceries, sparking backlash from consumers who criticized the idea as out of touch with the financial struggles many face. Pilnick's comments, made during an appearance on CNBC's "Squawk on the Street," were met with skepticism and anger on social media, with many pointing out the irony of his suggestion given his high salary and the company's profits. The CEO's remarks have reignited discussions about the affordability of food and the disconnect between corporate executives and everyday consumers.
Originally Published 1 year ago — by Fortune
Influencer chef Salt Bae's Nusr-Et restaurant in London, known for its extravagant menu and high prices, has turned off the heating to save money despite making significant profits. The move to improve energy efficiency comes as the restaurant faces rising costs, including almost doubling to £6.3 million in 2022. The group's success has been marred by controversies, including high menu prices, lawsuits from former staff, and challenges related to the cost-of-living crisis affecting the restaurant industry.
Originally Published 1 year ago — by The Autopian
Tesla engineers faced financial constraints during the development of the Model S and had to get creative to save costs, including flipping parts upside down. They borrowed a Land Rover steering rack, flipped it upside down, and made minor modifications to fit it into the Model S, saving millions. They also used common parts on the left and right sides of the suspension to reduce tooling costs, demonstrating clever engineering and smart manufacturing to achieve high functionality while saving costs.
Originally Published 1 year ago — by Detroit Free Press
Ford is discontinuing the driver-assist parallel parking feature in its vehicles, citing minimal usage and a $10 million annual savings. The decision is based on data from connected vehicles and feedback from dealers, who believe customers won't miss the feature. Analysts support the move, noting that self-parking features can be cumbersome and not widely utilized. In addition to cutting the parking assist, Ford has found further savings by replacing a vehicle part for improved fuel economy. CEO Jim Farley emphasized the commitment to making cuts without disrupting the customer experience.
Originally Published 1 year ago — by WCVB Boston
The Massachusetts Department of Correction plans to close MCI-Concord, a medium-security men’s prison, by summer 2024, citing the state’s lowest prison population in 35 years and the need to enhance operational efficiency and cost-saving solutions. The closure is expected to save $16 million in operating costs and negate the need for $190 million in capital projects, with the property to be sold for redevelopment. This decision comes as the state finalizes the closure of another prison, MCI-Cedar Junction, in Walpole.
Originally Published 2 years ago — by The Daily Dot
As the phenomenon of "shrinkflation" continues to irk consumers, a TikTok video featuring a shopper's unconventional method of getting the most out of their purchase of Tide detergent has gone viral. The shopper is seen pouring contents from another bottle into the one he intends to buy, sparking a variety of reactions from viewers. While some defend the company's packaging choice, others express solidarity with the shopper's cost-saving approach. The video has prompted discussions about consumer rights and regulations, as well as reflections on personal frugality in the face of rising costs.
Originally Published 2 years ago — by Star Tribune
3M announced it will freeze pension plans for non-union U.S. employees at the end of 2028, affecting both 3M employees and those at the health care company it is spinning off this year. The move is aimed at cost-saving and transitioning towards 401(k) retirement plans, with CEO Mike Roman stating that the decision is important for setting up future success. The freeze will not impact former employees with vested benefits, retirees, and those receiving pension annuity payments, and affected employees will receive five years of advance notice to plan alternative strategies for their post-retirement income needs.
Originally Published 2 years ago — by Business Insider
James Cameron revealed that he specifically cast "short extras" below 5-foot-8 for the movie "Titanic" to make the sets look bigger, saving money in the process. This decision added an extra million dollars of value to the film's production. Despite initial doubts about its profitability, "Titanic" went on to become the highest-grossing movie of all time until it was surpassed by Cameron's own film, "Avatar."