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    Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

    by January 16, 2025
    by January 16, 2025

    This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection…

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  • Business

    Capital One acknowledges ‘outage’ as users report issues accessing deposits

    by January 16, 2025
    by January 16, 2025

    Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits. In response to…

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  • Business

    Disney wins the 2024 box office as year-end receipts offer a welcome boost

    by January 16, 2025
    by January 16, 2025

    Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales were down just…

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  • Business

    There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

    by January 15, 2025
    by January 15, 2025

    The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in the…

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  • Business

    Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

    by January 15, 2025
    by January 15, 2025

    Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the…

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  • Business

    USDA documented insects and slime at Boar’s Head plants, records show

    by January 15, 2025
    by January 15, 2025

    Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year after a deadly…

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  • Business

    Southwest Airlines pauses corporate hiring, most summer internships to cut costs

    by January 15, 2025
    by January 15, 2025

    Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events that date back…

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  • Business

    Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024

    by January 14, 2025
    by January 14, 2025

    Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with a crisis after…

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  • Business

    MSNBC President Rashida Jones steps down after four-year tenure

    by January 14, 2025
    by January 14, 2025

    Rashida Jones, the president of MSNBC, announced Tuesday that she is stepping down after four years of steering the cable news network. Jones,…

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  • Business

    Comcast and Harris Blitzer to build NBA, NHL stadium in south Philadelphia

    by January 14, 2025
    by January 14, 2025

    Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA’s…

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