Biden confirms he’ll make student loans decision by end of August
In an exchange with reporters, President Joe Biden confirmed he will soon make a decision on student loans. Here are the choices he is weighing.
Many borrowers took out student loans anticipating debt forgiveness, survey says
Many student loan borrowers took out loans in recent years with the belief that the Biden administration would cancel student loan debt, a recent survey said.
Workers at DC Lululemon store file for union election
Lululemon workers in Washington, D.C. have filed for a union election, joining workers at other major companies aiming to organize amid a wave of labor wins over the past year.
Macy's opening four smaller format stores outside malls this fall
The off-mall Macy's stores come as part of the company's broader strategy, which will shutter 125 Macy's stores in lower-tier malls by 2023.
Amid delays, American Airlines earns $476 million on record revenue in 2Q
American Airlines earned $476 million in the second quarter on record revenue from summer travelers and said Thursday that it expects to remain profitable in the third quarter.
GE reveals identity of 3 companies after historic split
General Electric on Monday revealed the names of the three companies that will operate on their own after the historic split of the one-time conglomerate, including a mashup of words that will make up the name of the new energy company.
List: 10 tech company customer service phone numbers plus, secret way to know wait times
If the long wait times and hard-to-find numbers don’t make it clear enough, I’ll say it: Tech companies don’t want to talk to you.
Swiss Army knife celebrates 125th anniversary; CEO on the past and future of his company
A soldier once told Victorinox CEO Carl Elsener Jr. that the world-famous Swiss Army Knife blocked a bullet and saved his life.
June job growth revealed amid recession fears
The jobs report in June was strong, despite risks of a recession on the horizon. Here's what that means for interest rates.
Majority of Americans support forgiving $10K in student debt: poll
A new poll showed that a slight majority of Americans support canceling up to $10,000 in student loan debt. However, that support waivers if the amount is increased.
Honest Tea founder announces new tea brand in wake of Coca-Cola discontinuation
Seth Goldman, a Bethesda entrepreneur who co-founded Honest Tea in 1998 has announced a new iced tea company to launch this fall called "Just Ice Tea." The announcement comes just a little over a month since Coca-Cola, who fully bought Honest Tea in 2011, announced plans to phase out Honest tea products by the end of this year.
Gas prices surge to $5 per gallon, reaching all-time high: AAA
Gas prices hit $5 per gallon in June, marking a new all-time high, according to data from AAA.
FTC sues Walmart over alleged money transfer services used by scammers
Walmart called the lawsuit “factually flawed and legally baseless.”
Airbnb party ban becomes permanent
Airbnb is removing its 16-person occupancy cap.
Frontier Airlines adds cash to sweeten offer for Spirit merger
The Denver-based airline also raised the amount it would pay Miramar, Florida-based Spirit if antitrust regulators stop the deal.
Maryland, Ireland entrepreneurial centers partner to attract international businesses
The partnership will link entrepreneurs in Ireland and Maryland with better business resources for breaking into the international market.
Amazon, Tesla, others to cover travel costs for workers seeking abortions
Some companies even extend the benefit to dependents and spouses.
Husband-and-wife team selling Clif Bar to Mondelez for almost $3B
Clif Bar & Company, the maker of organic energy bars, has been offered big payouts in the past — but walked away.
Kellogg to split into 3 companies
Kellogg Company said the businesses have 'significant standalone potential.'
American Airlines ending service in three cities due to pilot shortage
American Airlines is ending service in three cities this fall in response to the industry-wide pilot shortage.