Looming $2.7 billion Pell Grant shortfall poses a new threat for college aid
Economy

Looming $2.7 billion Pell Grant shortfall poses a new threat for college aid

Hero Images | Hero Images | Getty Images College advocates breathed a sigh of relief when the U.S. Department of Education said the Trump Administration’s “federal funding freeze”would notaffect federal Pell Grants and student loans. Nearly 75% of all undergraduates receive some type of financial aid, according to the National Center for Education Statistics. About 40% […]

Enough is enough: Japanese airlines clamp down on abusive travelers
Economy

Enough is enough: Japanese airlines clamp down on abusive travelers

Japan’s two largest commercial airlines are toughening their stances against travelers who verbally or physically abuse airline staff. Japan Airlines and All Nippon Airways updated their websites Friday with “customer harassment” policies, in the wake of rising instances of front-line worker abuse occurring across industries in Japan. Using similarly worded language, the two airlines cited […]

Salesforce shareholders reject compensation plan for CEO Marc Benioff, other top execs
Economy

Salesforce shareholders reject compensation plan for CEO Marc Benioff, other top execs

Salesforce CEO Marc Benioff attends the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Halil Sagirkaya | Anatolia | Getty Images Salesforce investors voted against the company’s compensation plan for top executives, after shareholder advisory groups raised concerns about equity awards granted to CEO Marc Benioff. According to a regulatory filing on Monday […]

Chinese EV companies Zeekr and Nio report record deliveries in June
Economy

Chinese EV companies Zeekr and Nio report record deliveries in June

Geely’s SEA architecture for cars allows vehicles of different sizes to be manufactured at the same factory. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Seaweed said Monday it delivered a record number of vehicles in June, making its deliveries for the first half of the year the largest among U.S.-listed Chinese companies […]

Crypto takes its fight with SEC directly to Biden and Trump
Economy

Crypto takes its fight with SEC directly to Biden and Trump

Former U.S. President and Republican presidential candidate Donald Trump looks on during his campaign event, in Racine, Wisconsin, U.S. June 18, 2024. Brendan Mcdermid | Reuters On a cool, sunny June evening in San Franciscothe Pacific Heights mansion of venture capitalist David Sacks was the scene of an event that is rare to see in […]