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Forbes Daily: Florida Braces For Dangerous Hurricane Milton’s Landfall

4 0
09.10.2024

Good morning,

For many people saddled with student loan payments, saving for retirement may feel impossible. But some employers are starting to incentivize making progress against student loan debt.

Through the Secure Act 2.0, which took effect at the beginning of the year, employers can offer matching 401(k) contributions to their workers currently making student loan payments. Walgreens recently announced it would offer such a benefit for its more than 300,000 employees, matching up to 4% of eligible pay for workers who are paying down student loans.

The move will especially benefit the company’s pharmacists, who, on the whole, have an average of $170,000 in student debt, according to the American Association of Colleges of Pharmacy.

For this and other stories on finding success in the workplace, subscribe to our Careers newsletter.

Photo by BRYAN R. SMITH/AFP via Getty Images

Hurricane Milton is expected to hit Florida’s Gulf coast tonight, and millions have been told to evacuate in what forecasters warn could be “one of the most destructive hurricanes on record” for the west-central part of the state. Tampa International Airport closed Tuesday morning, and Orlando International Airport will close this morning, as the storm maintained Category 5 strength but is expected to weaken before making landfall. Disney World announced a number of theme park closures starting Wednesday, and Goldman Sachs analysts projected the storm could cost its parks division between $150 million and $200 million.

Attorneys general from more than a dozen states and Washington, D.C. are suing TikTok in separate but coordinated complaints, alleging TikTok is a deliberately addictive platform that is psychologically harming and financially exploiting kids. At least one of those lawsuits, from D.C. Attorney General Brian Schwalb, alleges the app is running an “unlicensed virtual currency system” that has made its popular livestream feature the equivalent of “a virtual strip club” for teens.

Influential short-seller Hindenburg Research revealed Tuesday it took a short position against kids-oriented video game platform Roblox, accusing the company of inflating key user engagement metrics and inadequately protecting children........

© Forbes


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