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US student loan forgiveness has borrowers hoping for vacations, medical school

FILE PHOTO – A graduate holds their mortarboard cap after a commencement ceremony at the University of Southern California (USC) in Los Angeles, California, US, May 12, 2017. REUTERS/Patrick T. Fallon Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 25 (Reuters) – Americans bearing heavy college debt loads welcomed US President Joe …

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Australia companies split: miners boom, airlines turn up, retailers slump

SYDNEY, Aug 25 (Reuters) – Australia’s companies are split, with big miners and airlines expecting higher profits on soaring commodities prices and a rebound from COVID-19, while supermarkets, banks and manufacturers are hurt by inflation and stagnant wages. Annual business results and profit forecasts reveal a divide in the world’s 13th-biggest economy between companies, largely …

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As US interest rates soar, four ways to manage credit cards now

A woman pays with a credit card at a restaurant in Playa del Ingles, Maspalomas on the island of Gran Canaria, Spain, May 3, 2022. REUTERS / Borja Suarez Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 22 (Reuters) – Try holding your credit card up to your ear, real close. …

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Germany’s Scholz to sign hydrogen deal on Canada trip, discuss LNG

German Chancellor Olaf Scholz seen in Potsdam, Germany August 12, 2022. REUTERS/Annegret Hilse/ Register now for FREE unlimited access to Reuters.com Register Scholz leads business delegation to Canada Set to sign hydrogen deal, discuss possible LNG deliveries Cooperation on future technologies in focus BERLIN, Aug 18 (Reuters) – Germany’s Chancellor Olaf Scholz will sign a …

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Biden signs abortion order, says Republicans clueless about women’s power

WASHINGTON, Aug 3 (Reuters) – President Joe Biden said on Wednesday the Supreme Court and Republicans are clueless about the power of American women as he signed a second executive order aimed at protecting abortion rights. The order asks the federal health department to consider allowing Medicaid funds to be used to help facilitate out …

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Frontier plans capacity ramp-up in bet on recession-wary American travelers

CHICAGO, Aug 16 (Reuters) – Frontier Group Holdings Inc (ULCC.O) is targeting capacity growth of up to 20% through the decade, Chief Executive Barry Biffle told Reuters, as the budget airline pushes to take a bigger share of the US leisure travel market from rivals amid a weakening economy. From 2024, the Colorado-based carrier is …

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Exclusive: Russia starts stripping jetliners for parts as sanctions bite

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Aug 8 (Reuters) – Russian airlines, including state-controlled Aeroflot (AFLT.MM), are stripping jetliners to secure spare parts they can no longer buy abroad because of Western sanctions, four industry sources told Reuters. The steps are in line …

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Alain Finance collaborates with Network International for credit card launch in the UAE

Alain Finance, a private joint stock company that specializes in designing and offering alternative financing solutions to small and medium enterprises (SMEs) across the UAE, has announced the launch of its credit card offerings in the UAE and collaboration with Network International (Network), the leading enabler of digital commerce across the Middle East and Africa …

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Transportation M&A nightmare worth the trip

JetBlue Airways aircrafts are pictured at departure gates at John F. Kennedy International Airport in New York June 15, 2013. Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 8 (Reuters Breakingviews) – With transportation deals, as in life, it’s not the destination but the journey. Canadian Pacific Railway’s (CP.TO) plan to …

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Analysis: Spirit Airlines winning bidder may need years to recoup price tag

July 12 (Reuters) – The bidding war for Spirit Airlines Inc (SAVE.N) between Frontier Group Holdings Inc (ULCC.O) and JetBlue Airways Corp (JBLU.O) may leave the acquirer taking years to earn back their investment. JetBlue’s latest cash-and-stock bid values ​​Spirit at $ 3.7 billion, while Frontier’s latest cash-and-stock bid, which Spirit recommends its shareholders should …

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