Category: Business

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Why SoFi Is Suing to End the Student Loan Payment Pause

A self-styled “anti-bank” poached good customers from the federal loan system. When pandemic relief made that harder, it sued the government.  » mehr lesen

Lyft Will Lay Off About 1,200 People as It Looks to Cut Costs

The cuts come as the company tries to lower prices and remain competitive with Uber, its larger rival.  » mehr lesen

Double-Digit Price Increases Bolster Profits at Procter & Gamble

The company raised prices 10 percent across its consumer brands for a second straight quarter and said its profit margin had widened.  » mehr lesen

The Debt Ceiling Debate Is About More Than Debt

Republicans’ opening bid to avert economic catastrophe by raising the nation’s borrowing limit focuses more on energy policy than reducing debt.  » mehr lesen

Canada Lands Volkswagen Battery Plant With Billions in Subsidies

Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.  » mehr lesen

Twitter Removes ‘Government-Funded’ Labels From NPR and Other Media Accounts

NPR and public broadcasters in Canada, Australia and New Zealand had criticized the label as misleading. The CBC and NPR have suspended the use of their Twitter accounts in protest.  » mehr lesen

Do You Have Federal Student Debt? We Want to Hear From You.

The Supreme Court is deciding on student loan forgiveness and payments may resume in the coming months. How have you been coping and planning for the future?  » mehr lesen

Why BuzzFeed Is Closing Its News Division

The publisher ultimately couldn’t surmount the challenges facing digital journalism — and many of its peers are still struggling as well.  » mehr lesen

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