DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— - 3 Alrena Dale - 1 Dale - 1 Joe Biden's - 1 who'd - 1 Biden - 1 I'm - 1 Bob - 1
Top related locs:
China stagnancy Iowa Sen Abu Dhabi Saudi OpenAI Mexico
Top related orgs:
Business - 2 Service - 2 Justice Department - 1 Funds - 1 Vision - 1 IPOs - 1 Nvidia - 1 of Defense - 1

Search resuls for: "stagnancy"


5 mentions found


☆ How a student-loan borrower got $155,000 in debt wiped out through bankruptcy using new relief guidance
  + stars: | 2024-12-22 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +7 min
Biden's new bankruptcy guidance, aimed at easing the process for borrowers, made that possible. Some attorneys told BI that the new guidance is a big help, but more outreach would be helpful. She's one of hundreds of borrowers who have received relief after new changes to the bankruptcy process. AdvertisementSome bankruptcy attorneys told BI that the new guidance has made student-loan bankruptcy much more achievable for borrowers, with some having seen quick success after decades of stagnancy. Advertisement'I would've had to work another job'The new bankruptcy process for student-loan borrowers still isn't perfect.
Persons: Alrena Dale, Dale, Joe Biden's, who'd, Biden, I'm, Bob, Tammy Branson, Tammy, Dustin Baker, Baker, he's, —, Elizabeth Warren, Igor Roitburg, Stretto, Roitburg Organizations: Business, Justice Department Locations: stagnancy, Iowa, Sen
☆ SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
  + stars: | 2024-11-12 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +4 min
SoftBank reported a $7.7 billion quarterly profit on Tuesday after a loss last year. SoftBank Vision Fund's CFO told BI that "macro tailwinds" helped its public portfolio. AdvertisementGains for its Vision Fund 1, a $98.6 billion investment vehicle launched in 2016 with backing from Abu Dhabi and Saudi Arabia's sovereign wealth funds, totaled $3 billion in the second quarter. Despite the investment gain, Vision Fund 2 has lost an overall total of $21 billion since its inception. The results come as SoftBank gears up for a huge investment spree in AI to realize Son's ambitious vision.
Persons: SoftBank, —, Masayoshi, Didi Chuxing, Navneet Govil, Ola, Govil, PayPay Organizations: Service, Funds, Vision, IPOs, Nvidia Locations: Abu Dhabi, Saudi, China, OpenAI, Mexico, India, ByteDance
☆ The US military is 'alarmingly slow' at delivering new weapons, making it tougher to keep its edge against top threats, watchdog finds
  + stars: | 2024-06-18 | by ( Ella Sherman | ) www.businessinsider.com   time to read: +4 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Department of Defense continues to struggle to quickly deliver new technologies, a watchdog agency argued in a new report published Monday. Additionally, the Department of Defense's acquisition programs have had difficulties hiring and retaining a sufficient workforce, especially in software-focused fields. And "Russia is increasing its military capability and seeks to expand control over portions of the former Soviet empire." Advertisement"DOD concurred with the software workforce recommendations and partially concurred with the remaining recommendation," the agency said.
Persons: — Organizations: Service, of Defense, DOD, Office, Business, Pentagon, GAO, US Navy, Department of Defense, Department of Locations: China, Russia, Soviet
☆ Biden finally met with top lawmakers to discuss a debt ceiling solution — but McCarthy says there wasn't 'any new movement' as a catastrophic default inches closer
  + stars: | 2023-05-09 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com   time to read: +5 min
Biden met with congressional leaders on Tuesday to discuss raising the debt ceiling. The US could default on its debt as soon as June 1 if Congress doesn't act. "I didn't see any new movement," McCarthy told reporters following the meeting. In the hours leading up to the meetings, McCarthy told Punchbowl News that "we should just get in the room and solve this thing. If Congress fails to raise the debt ceiling, Americans could experience devastating consequences.
☆ Meet a teacher who paid his student loans for 6 more years than he needed to qualify for debt cancellation. Now he can't get his money back.
  + stars: | 2023-04-02 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +8 min
He contacted his servicer, MOHELA, in August to get refunded on those payments, but hasn't had any luck. Currence, 41, took on about $13,000 in student loans for his Bachelor's degree in 2005, and he had nearly paid it all off by the time he took on another $15,000 in loans in 2018 for his Master's degree. Given his career in public service, Currence wanted to take advantage of the Public Service Loan Forgiveness (PSLF) program, which forgives student debt for government and nonprofit workers after ten years of qualifying payments. Currence jumped at the opportunity to consolidate his loans into federal direct loans under student-loan company MOHELA to qualify for debt relief. They told him he could then consolidate his loans to get his remaining balance wiped out under PSLF, he said.
0 next >>
Total: 5