Financials
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Coventry Building Society has launched a new savings account for its loyal members to encourage better savings habits in the new year. Announcing the account, it said it offered a “market leading” rate of 6% for a regular saver. It can be opened by those who have been with the society continuously since at least…
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President Biden wants to raise taxes on Elon Musk, Jeff Bezos, and their cohort of Americans, who are amassing extraordinary wealth that is not taxable under current law. Biden says his plan would make the system fairer — but experts say it lacks practicality. The president wants to impose a minimum 25% tax on all Americans with…
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Virgin Australia, the No. 2 carrier in Australia is to slash its workforce after reporting its seventh annual loss in a row. Virgin on Wednesday announced a $315.40 million loss for the financial year to 30 June 2019. On a positive note, the result was a considerable improvement on the airline’s result last year, which…
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