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Meta Loses EU Court Fight Over Antitrust Crackdown on Data
Meta Loses EU Court Fight Over Antitrust Crackdown on Data
Meta Platforms Inc.’s Facebook lost its European Union court fight over a German antitrust order that homed in
2023-07-04 19:21
Global banking watchdog dismisses need for change after Credit Suisse debacle
Global banking watchdog dismisses need for change after Credit Suisse debacle
By Huw Jones LONDON A global body with banking oversight has played down the rescue of Credit Suisse,
2023-10-10 16:23
Jamjoom Pharma Owners Seek up to $336 Million Saudi IPO
Jamjoom Pharma Owners Seek up to $336 Million Saudi IPO
The owners of Jamjoom Pharmaceuticals Factory Co. are seeking to raise as much as 1.26 billion riyals ($336
2023-05-15 17:22
Turkey’s central bank hikes interest rates again in further shift in economic policies
Turkey’s central bank hikes interest rates again in further shift in economic policies
Turkey's central bank has raised its key interest rate by 5 percentage points to 30%
2023-09-21 20:57
US oil M&A jumps as private equity unloads shale assets
US oil M&A jumps as private equity unloads shale assets
By Gary McWilliams HOUSTON U.S. oil and gas deals rebounded in the second quarter as private equity firms
2023-07-25 21:56
Comcast Expands Broadband Network to Twin City, Georgia
Comcast Expands Broadband Network to Twin City, Georgia
ATLANTA--(BUSINESS WIRE)--Oct 23, 2023--
2023-10-23 22:24
Brazil's Ambev Q2 net profit falls 15%, misses estimates
Brazil's Ambev Q2 net profit falls 15%, misses estimates
Brazilian brewer Ambev on Thursday reported a 15.2% decline in second-quarter net profit, missing market forecasts. The subsidiary
2023-08-03 15:19
Packages from China are surging into the U.S. Lawmakers wonder if an $800 exemption was a mistake
Packages from China are surging into the U.S. Lawmakers wonder if an $800 exemption was a mistake
Conservatives in Congress are anxious to counter China, which is America’s leading economic adversary
2023-06-24 20:24
Biden vetoes bid by Congress to reinstate tariffs on solar panel imports from SE Asia
Biden vetoes bid by Congress to reinstate tariffs on solar panel imports from SE Asia
President Joe Biden has vetoed a congressional resolution that would have reinstated tariffs on solar panel imports from Southeast Asia
2023-05-17 02:29
Target on the defensive after removing LGBTQ+-themed products
Target on the defensive after removing LGBTQ+-themed products
Target once distinguished itself as being boldly supportive of the LGBTQ+ community
2023-05-25 06:48
New York Times under fire for including ‘death’ on list of six ways to cancel student debt
New York Times under fire for including ‘death’ on list of six ways to cancel student debt
The New York Times has been roasted on social media for listing “death” as a means to escape crippling student loans, after the Supreme Court struck down the Biden administration’s plan to cancel debt for millions of Americans. In an article soon after the Supreme Court’s ruling was released on Friday, the Times explained six ways “to get your student debt wiped away”. The suggestions included making an income-driven repayment, appealing for public service loan forgiveness, and bankruptcy and disability discharges. Under a subhead “death”, the Times wrote: “This is not something that most people would choose as a solution to their debt burden”. It went on to explain that federal student loan debt “dies with the person or people who take it on”. The macabre phrasing drew a swift backlash on social media. “That's a little dark, NYT,” writer Parker Molloy tweeted. “We’ve reached the point where The New York Times is suggesting death as a viable solution to crushing student debt,” wrote former Secretary of Labor Robert Reich. “I’ll try it out and tell u guys how it went,” another posted. The article was later revised, with the “death” subhead being changed to “debt won’t carry on”. The Times did not respond to a request for comment by The Independent. In a 6-3 decision, the Supreme Court ruled that the Biden administration had overstepped its authority in implementing a sweeping $400bn student debt relief plan. The decision means an estimated 43 million Americans will be back on the hook for student loan repayments later this year. In a press conference on Friday, President Joe Biden insisted the fight was not over, and promised a “new path” for relief that would be legally sound. He has tasked Secretary of Education Miguel Cardona with coming up with a new forgiveness plan that was consistent with the Supreme Court’s ruling. Read More Supreme Court strikes down Biden’s plan to cancel student loan debts Biden reveals ‘new path’ to student debt relief after Supreme Court strikes down president’s plan An Area 51 blogger was raided at gunpoint by federal agents. He says the US Government is trying to silence him Trump makes brash Georgia 2020 case prediction as DoJ ‘prepares new charges’ – live Biden reveals ‘new path’ to student debt relief Army combat veteran to take over key election security role working with state, local officials
2023-07-01 05:17
What to expect from the July jobs report: Steady, but cooler growth
What to expect from the July jobs report: Steady, but cooler growth
Despite Tuesday's credit rating downgrade amid concerns about the challenges facing the United States, markets and economists are expecting another solid jobs report on Friday.
2023-08-03 19:46