The Digest.

The article focuses on Estee Lauder's plan to cut 3-5 present of its global workforce as part of a restructuring program aimed at increasing profits, while reporting falling profits and revenue in the second quarter; Grammy Awards' viewership increased by 34 present over the previous year's ceremony, reaching 16.9 million viewers; and Wall Street slipping from its record high as investors expect a delay in interest rate cuts due to signals of a strong economy.