The Education Department will suspend monthly student loan payments and interest for some 3 million borrowers in response to court rulings blocking parts of President Joe Biden’s new loan-repayment program. Department officials said Friday they would freeze the student loans of borrowers who are enrolled in the program — known as the SAVE plan — […]
A judge has frozen up to $39 million in assets potentially held by the Detroit Riverfront Conservancy’s ex-finance officer as newly unsealed court filings bring to light the extent of his lavish spending with allegedly stolen nonprofit funds, including on a condo in Mexico, a yacht, and multiple properties in Georgia, Texas and Michigan. Ex-Detroit […]
VIENNA (AP) — A court in the Russian city of St. Petersburg has ordered the seizing of assets of Germany’s Deutsche Bank and Commerzbank in the country, the Russia state news agency Tass says. The order is in response to a lawsuit over the planned construction of a liquefied natural gas terminal in the Baltic […]
Feb. 29—Thanks to recent support from the Texas Legislature and Texas voters, Texas Tech University has committed to freezing tuition for the upcoming Fall 2024 and Spring 2025 terms. The rates for the 2024-25 academic year were approved at Thursday’s meeting of the Board of Regents of the Texas Tech University System. Texas Tech has […]
(Bloomberg) — China’s two main stock exchanges froze the accounts of a major quantitative hedge fund for three days after the money manager dumped 2.57 billion yuan ($360 million) in shares within a minute Monday. Most Read from Bloomberg Ningbo Lingjun Investment Management Partnership executed the sell orders starting from 9:30 a.m. as shares declined, […]
The Austin Winter Collaborative Effort, a coalition of organizations, is collecting donations and seeking volunteers to help people experiencing homelessness. Sign up here to volunteer as a driver to distribute supplies and food or transport people to shelters, as well as volunteer at shelters or sort donations. The group has an urgent need for: Gloves Heavy […]
It seems like a pathway to comfortable retirement is a luxury saved for those at the top in today’s economy—at least if you work at 3M. After freezing its pension program for non-unionized workers, the conglomerate company known for manufacturing Post-its, command strips, and tape is tacking more money into its CEO’s benefit package. Earlier […]
By Anne Kauranen HELSINKI (Reuters) – Finland’s record low temperatures this week inspired a tourist on a trip to the Arctic to try a trick that had long intrigued him: throwing boiling water in the air when it’s extremely cold outside and seeing it turn into an instant cloud of icy dust. This is not […]