Mark Brown, the head of the office overseeing the government’s student-loan portfolio, resigned Friday, following calls on the Biden administration to remove Brown, who was appointed by former Secretary of Education Betsy DeVos. Secretary of Education Miguel Cardona said in a statement Friday morning that he’d accepted Brown’s resignation from …
Read More »British Airways’ looks to raise millions in art sale to ease coronavirus cash crunch
A painting by Bridget Riley valued at up to £1.2 million ($ 1.37 million) will kickoff a sale of British Airways’ corporate art collection as the struggling airline looks to raise cash amid an unprecedented global collapse in passenger demand caused by the coronavirus pandemic. Sotheby’s will offer 17 paintings, …
Read More »The Wall Street Journal: OPEC and allies set to ease oil output cuts, anticipating demand recovery
An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns. Key members of the Organization of the Petroleum Exporting Countries and …
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