What to know about the SAVE plan, the income-driven plan to repay student loans
More than 75 million student loan borrowers have enrolled in the U.S. government’s newest repayment plan since it launched in August.
Roanoke County leaders want input on Reimagine Oak Grove plan
ROANOKE COUNTY, Va. – Local leaders in Roanoke City and Roanoke County are teaming up to reinvent the Oak Grove area and they want your input. Roanoke County is holding a public hearing about the Reimagine Oak Grove plan next month. It covers commercial development and housing, improved transportation and access to shops, streetscapes and even walking trails and parks. The ultimate goal is to improve quality of life and attract businesses. Roanoke County leaders are holding a public hearing on the Reimagine Oak Grove plan on February 2.
Lynchburg school leaders vote for 100% virtual start to school
LYNCHBURG, Va. – The start of the fall semester will be 100% virtual for students in Lynchburg City Schools. On Tuesday night, school leaders voted in favor of 100% remote learning instead of a hybrid plan that features virtual learning coupled with in-person instruction. Students will begin the year with virtual learning, then transition to in-person learning. This comes one week after the school board voted to reopen schools with the hybrid plan. For more information on the “Return to Learn” plan for Lynchburg City Schools, click here.
Australia's Qantas airline to cut 6,000 jobs as virus hits
WELLINGTON Qantas plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as Australia's largest airline tries to survive the coronavirus pandemic. Qantas announced a plan Thursday to reduce costs by billions of dollars and raise fresh capital. The plan includes grounding 100 planes for a year or more and immediately retiring its six remaining Boeing 747 planes. Chief Executive Alan Joyce said the airline has to become smaller as it braces for several years of much lower revenues. This crisis has still hit us very, very hard and the impact will be felt for a long time," Joyce said.
Cash strapped Thai Airways to seek bankruptcy rehabilitation
BANGKOK Thailands flag carrier Thai Airways International will file a plan for restructuring its business with the Central Bankruptcy Court, a government spokeswoman said Monday. Narumon Pinyosinwat said the plan submitted by the State Enterprise Policy Office to salvage the airline will be submitted Tuesday to for Cabinet approval. The airline initially sought a 54 billion baht ($1.7 billion) bailout loan from the government. Thai Airways logged losses of 12 billion baht ($374.3 million) in 2019, 11.6 billion baht ($361.9 million) in 2018 and 2.11 billion baht ($65.8 million) in 2017. Thai media reports say it is carrying a debt burden of almost 300 billion baht ($9.4 billion).