Thousands of students will have part of their HECS/HELP debt waived due to an admin error. About 13,748 individuals were affected by delayed HECS loan records from 104 institutions. The Department of Education said it had been working with universities since the start of the year to “correct records for current and former higher education … Read more
After a bear attack on Wednesday, bulls were quick to come back and pull small, and midcap stocks back in the green. The Nifty Midcap 100 index, which saw its biggest one-day fall in over a year on Wednesday, rebounded and rose 0.6% to 44,300 on Thursday. Meanwhile, the BSE Smallcap index gained close to … Read more
The executive chairman of Ford Motor Company broke his silence on the monthlong auto workers strike on Monday and said the work stoppage could “devastate local communities” if it continues. Bill Ford, the great-grandson of Henry Ford and the company’s chairman since 1999, also criticized the United Auto Workers union for recently shutting down the … Read more
“There are companies that have partnerships and collaborations, but they’re all still in development,” claims Berdichevsky, “while we’re ready for scale production manufacturing.” Not coincidentally, Moses Lake is also home to REC Silicon, a formerly shuttered supplier to the photovoltaics industry, and now one of only two US makers of silane gas. Group14 will be … Read more
Investors bet on Bank of England interest rate cuts early next year UK interest rates could start to be cut as early as March, some City investors believe, after Wednesday’s welcome drop in inflation. The money markets are pricing in a sharp fall in UK borrowing costs, after the UK inflation rate dropped to 3.9% … Read more
(NewsNation) — There are many reasons why Americans wait until the last minute to buy holiday gifts, but a mid-December survey found nearly 30% of last-minute shoppers are waiting on their next paycheck to do so. U.S. News & World Report surveyed 1,203 people, asking them why they haven’t finished holiday shopping. Three in every … Read more
The average household is saving thousands of dollars each year on their power bills with rooftop solar and battery storage. Households can save between $822 and $1350 on their power bills if they have rooftop solar and this jumps to between $1322 and $2252 if households have an 8.5kWh battery, government analysis shows. An 8.5 … Read more
The Biden administration in the United States is discussing raising tariffs on some Chinese goods, including electric vehicles, the Wall Street Journal said late on Wednesday, citing people familiar with the matter. Chinese automobiles face a 25% levy imposed during the administration of former President Donald Trump and extended by the Biden administration. The U.S. … Read more
Some new unions are facing an unforeseen hurdle as they try to bargain first contracts with big-name employers: getting sued for the names they’ve chosen. Starbucks is the latest company to file an intellectual property lawsuit against its employees’ union. The coffee chain claims that the group, Workers United, is “diluting” the Starbucks brand and … Read more
In a document accompanying Tuesday’s announcement, regulators laid out several open questions around anti-drunk-driving technology that made clear the NHTSA’s plans are at an early stage: What’s the best way to determine whether someone is drunk or drowsy or distracted, and should the car treat those impairments differently? What should a car do if it … Read more
