Netflix explores version with ads after reporting subscriber losses - April 20, 2022

The Biden administration said it will make it easier for lower-income student-loan borrowers to get debt forgiveness, allowing roughly 3.6 million people to receive at least three years of credit. The announcement comes after an NPR investigation revealed income-driven repayment (IDR) plans have been badly mismanaged by the Education Department and the loan servicing companies it employs. Supporters say a reduction in student loan debt could greatly benefit the economy by allowing current monthly payments to be spent elsewhere, improving the formation of small businesses and households. President Joe Biden is restoring stricter environmental standards for major infrastructure projects like highways, pipelines, power plants and oil wells – including the impacts on climate change – after the Trump administration deleted the regulations in a bid to fast-track projects and create jobs. The move comes as the administration launches a $6 billion effort to rescue nuclear power plants as a carbon-free source of power to help to combat climate change. Biden recently announced an allocation of more public land for oil drilling to temper high gas prices, leaving many environmentalists weary. Following years of opposition to advertisements on its streaming service, Netflix said it is “open” to exploring a lower-priced, ad-supported version of the platform to boost its subscriber base. The decision comes after the streaming giant reported it lost 200,000 subscribers in the first quarter of 2022, Netflix’s first loss in more than a decade. As the supply of subscription streaming services has continued to grow, the amount consumers are willing to spend has remained consistent, forcing many households to cancel their streaming services to cut costs. Apple Store employees attempting to organize a union at the company’s Grand Central Terminal store in New York City want workers to be paid a minimum wage of $30 per hour in addition to receiving increased benefits, according to a website for the group. Verizon recently said it