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Merit pay is solution to teacher shortages in US

  With a new school year getting underway, public-school districts in the US are sounding alarms about a looming shortage of teachers. In response, some states have loosened rules to bring more workers, including those who haven’t yet earned a college degree, into the profession. These efforts are worthwhile — but they’re only addressing half the problem. Although reports of ...

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Biden’s debt plan will make US politics worse

  President Joe Biden’s student-debt plan is bad policy in too many ways to count. But is it also bad politics? Apparently he and his advisers think not, given that he announced this initiative just before the midterm elections. No disrespect to their expertise, but I wonder if they have miscalculated. Consider the substance first. The exact cost of forgiving ...

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SAS warns much more needed to restore its financial health

Bloomberg SAS AB, which is working its way through a Chapter 11 restructuring in the US, cautioned that much more remains to be done to convince stakeholders to invest in the ailing Scandinavian carrier. The airline also needs to overcome the impact of a pilot strike and travel disruptions that hobbled its key summer season, just as the price of ...

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