Student loan costs to balloon £10bn a year – IFS report
The Institute of Fiscal Studies says higher interest rates have increased costs of financing the system.
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California lawmakers want to curb retail theft, but say it’s not as easy as it sounds
While California lawmakers feel pressure to address concerns about crime, the murky and sometimes contradictory evidence of an increase in lawlessness has put legislators in a bind. Recent studies show that retail theft has increased in some of California’s big cities — with shoplifting rates jumping nearly 50% in San Francisco since 2019 — while…
2 Models Of Apple Watch Can Go On Sale Again, For Now
A federal court temporarily lifted a sales halt on two higher-end models of the Apple Watch ordered by the International Trade Commission due to a patent dispute.
Progress builds toward L.A. hotel strike settlement as union reaches deals with 10 more hotels
Unite Here Local 11 has reached tentative contract agreements with 10 more Southern California hotels covering hundreds of housekeepers, cooks, dishwashers, servers and front desk workers who have been pushing for higher pay and better benefits. Momentum is building to resolve the five-month-old strike that initially involved 60 hotels and more than 15,000 workers and…
The last resort of bankruptcy is rising among Main Street businesses across America
Liquidation Sale signs in business storefront, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Small business bankruptcies are on the rise. Subchapter V filings — which most small businesses these days are using to reorganize a floundering business — have outpaced filings from…
JetBlue CEO to Step Down as Airline Awaits Judge’s Ruling on Spirit Airlines Merger
Updated Jan. 8, 2024 6:05 pm ET Robin Hayes will step down as CEO of JetBlue Airways after about nine years at the helm, citing a doctor’s advice, as the company waits to find out whether a federal judge will block the merger with Spirit Airlines that he championed. Joanna Geraghty, 51 years old, a longtime…
Column: The government slams Southwest for its Christmas 2022 meltdown, but is it enough?
For travelers trying to reach their destinations during the storm-tossed holiday season last year, there was no problem identifying the Grinch who stole Christmas: It was Southwest Airlines. Southwest, it may be recalled, canceled or delayed more than 16,900 flights between Dec. 21 and Jan. 2, stranding more than 2 million passengers. The meltdown kept…
