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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Why do planes have door plugs? And other questions about the Alaska Airlines blowout, answered
The landing gear was stowed, the plane was climbing to cruising altitude, and then a segment of the wall exploded out of the rear cabin of Alaska Airlines Flight 1282 on Friday night, just 20 minutes after the plane took off from Oregon’s Portland International Airport airport en route to Ontario, Calif. No passengers were…
Mortgages: Barclays and Santander cut rates as competition intensifies
The interest rate on a fixed mortgage does not change until the deal expires, usually after two or five years, and a new one is chosen to replace it. Doing nothing would leave people on a variable rate, which is very expensive – with an average rate of more than 8%.
Spotify Axes 17% Of Workforce In Third Round Of Layoffs This Year
The music streaming service hopes the cuts, which amount to about 1,500 people, will help it become profitable.
Tesla on two wheels? India’s Ola Electric feels the strains of success | Reuters News Agency
AutomotiveBusiness & Finance 28 November 2023, 4:40 am 1 minute Reuters reported that Bhavish Aggarwal, India’s answer to Elon Musk, is racing to roll out millions of electric scooters and speed his nation to a cleaner future. Some of his mechanics can’t keep up, though. Aggarwal’s Ola Electric, which he likens to Tesla in the…
Facebook Said It “Stands Firmly Against Hate.” It Still Ran A White Nationalist Ad.
Facebook took down the ad more than six hours after being alerted to it by BuzzFeed News. “The ads shouldn’t have run on Facebook and they’ve been removed,” said Rob Leathern, director of product management at Facebook. “We’ve also permanently banned this Page from using our advertising system.” The ad comes at a particularly fraught…
Column: This porn company makes millions by shaming porn consumers
Strike 3 Holdings is a Southern California maker of pornographic films that identifies its products as “high-end, artistic, and performer-inspiring motion pictures produced with a Hollywood style budget and quality.” It has bragged that Greg Lansky, a former owner and the firm’s leading auteur, has been called the porn industry’s “answer to Steven Spielberg.” There’s…
