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Telecom Italia Investor Seeks to Oust CEO, Halt Network Sale
Telecom Italia Investor Seeks to Oust CEO, Halt Network Sale
A London-based investment firm led by former JPMorgan Chase & Co. banker Alessandro Barnaba unveiled a surprise plan
2023-10-28 17:15
China's state planner holds meeting with private firms, including Baidu
China's state planner holds meeting with private firms, including Baidu
(Corrects to clarify Li Qiang is head of the State Council, not state planner) BEIJING China's state planner
2023-07-10 14:45
Stock market today: Wall Street rises ahead of what's hoped to be the last Fed rate hike in a while
Stock market today: Wall Street rises ahead of what's hoped to be the last Fed rate hike in a while
Wall Street is ticking higher to start a week full of updates on where interest rates and profits for the stock market’s most influential companies are heading
2023-07-24 22:54
White House unveils new efforts to guide federal research of AI
White House unveils new efforts to guide federal research of AI
The White House has announced new efforts to guide federally backed research on artificial intelligence
2023-05-24 02:48
China police detain some Evergrande wealth management staff
China police detain some Evergrande wealth management staff
BEIJING Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a
2023-09-17 12:48
US dollar share of global FX reserves stays flat in Q2 -IMF
US dollar share of global FX reserves stays flat in Q2 -IMF
By Gertrude Chavez-Dreyfuss NEW YORK The U.S. dollar's share of global currency reserves reported to the International Monetary
2023-09-29 23:50
ThyssenKrupp's Nucera valued at 2.5 billion euros in IPO
ThyssenKrupp's Nucera valued at 2.5 billion euros in IPO
Hydrogen firm ThyssenKrupp Nucera has priced its initial public offering at 20 euros ($21.72) per share, implying a
2023-07-06 02:29
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 05:26
California Gov. Gavin Newsom offers to help negotiate Hollywood strike
California Gov. Gavin Newsom offers to help negotiate Hollywood strike
California Gov. Gavin Newsom has offered to help negotiate an end to the strikes that have hobbled Hollywood
2023-07-27 08:18
Twitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity Says
Twitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity Says
Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity,
2023-05-31 04:53
Twitter Settles Retaliation Claim Over Return to Office Protest
Twitter Settles Retaliation Claim Over Return to Office Protest
Twitter has settled with a former employee who US labor board prosecutors concluded was illegally punished for protesting
2023-07-07 08:45
Singapore's Olam Group first-half profit falls 89%
Singapore's Olam Group first-half profit falls 89%
Singapore's Olam Group Ltd posted an 88.8% fall in first-half profit on Friday, hurt by a lower crop
2023-08-11 17:59