Business News [UP]

President Joe Biden’s move to cancel $10,000 in student loan debt for Americans earning less than $125,000 per year has been hailed by former students seeking relief, but borrowers must meet certain criteria to qualify....Read More

Apple will hold a special event on Sept. 7 in the Steve Jobs Theater at its campus in Cupertino, Calif., where the multinational tech giant is widely expected to release the latest versions of its hardware....Read More

The Dow Jones Industrial Average rose 59 points Wednesday as markets bounced back from a three-day losing streak....Read More

The U.S. Department of Agriculture’s Food Safety and Inspection Service has issued a public health alert for Purdue’s frozen ready-to-eat gluten free chicken breast tenders....Read More

First-time homebuyers are pushing up mortgage demand, even though interest rates are on the rise, an industry report said on Wednesday....Read More

The first luxury superyacht, seized in the wake of Russia’s invasion of Ukraine, is up for auction. The 236-foot-long yacht was owned by sanctioned Russian steel billionaire Dmitry Pumpyansky....Read More

A special acquisition company seeking to merge with Donald Trump’s Truth Social warned that a decline in the former president’s popularity could hurt the value of the social media platform....Read More

A Twitter whistleblower has disclosed to Congress and federal agencies that cybersecurity problems at the social media giant leave its users vulnerable, according to reports....Read More

South Korea’s Samsung Electronics and LG Electronics took the top two spots in the first half of this year in the race for global TV market dominance, London-based consultancy Omnia said Tuesday....Read More

Ford Motor Co. will cut 3,000 jobs worldwide as part of a restructuring to lower costs and fund electric vehicle manufacturing. Ford plans to eliminate 2,000 salaried positions and 1,000 contract jobs....Read More