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As corporate America evolves to meet the changing needs of the modern workforce, employee education benefits have emerged as a critical element in attracting and retaining top talent. Alongside traditional benefits such as health care and retirement plans, education benefits are increasingly recognized as essential for addressing the priorities of both candidates and current employees. One reason for this is simple - college can be expensive. According to a recent study although 75% of Americans recognize the value of obtaining a bachelor's degree, over half (56%) of individuals who have never enrolled or were previously enrolled cite cost as a significant deterrent to pursuing or reenrolling in postsecondary education. The goal of corporate education benefits is to provide employees with various avenues for professional growth and development while alleviating the financial burden associated with higher education. For employers, offering education benefits also has its benefits, as companies that offer education programs to their employees also stand to gain on several fronts: Retention and Talent Advancement: Investing in employee education fosters loyalty, engagement and encourages career advancement, leading to higher education rates. Reduced Acquisition Costs: By nurturing existing talent, businesses can reduce the need for frequent recruitment and onboarding, thereby cutting down on acquisition costs. Attraction of Top Talent: Competitive education benefits can serve as a powerful recruitment tool, attracting high-caliber candidates who prioritize continuous learning and personal development. A Leading Example: Starbucks College Achievement Plan (SCAP). Starbucks was among the first to offer tuition assistance in 2014 with the Starbucks College Achievement Plan (SCAP), a first of its kind partnership with Arizona State University (ASU). This program creates an opportunity for all eligible U.S. partners (employees) to earn their first-time bachelor's degree through ASU's top-ranked online degree program. Ten years later, Starbucks has celebrated its largest class of SCAP graduates, marking a decade of transformative impact through a pioneering tuition assistance initiative. How does it work? Upfront tuition coverage for online degrees with no strings attached: Unlike many programs that cap tuition benefits, SCAP offers full tuition coverage, all upfront. And there is no commitment to stay with the company after graduation. High-quality education: Partners enrolled in SCAP benefit from ASU's top-ranked online degree program with over 150 undergraduate degree programs to choose from ensuring access to the same caliber of education as on-campus students. Pathway to Admission: Starbucks and ASU provide an admissions pathway for partners who do not initially qualify for enrollment. Through Pathway to Admission, eligible partners can take up to 10 college-level courses to earn their admission into the university, with credit conversion costs fully covered. To date, the SCAP program has helped more than 13,000 partners earn their degree. And, according to data from The Burning Glass Institute, approximately 75% of SCAP participants have experienced significant career growth post-graduation. But to Starbucks, SCAP represents just one facet of the diverse landscape of education benefits available to employees. In 2022, the company also rolled out a student loan management tool as part of a financial well-being push. Through Tuition.io, employees have access to tools, resources and individual coaching to manage student loan debt, such as repayment options and loan refinancing. Success stories like Starbucks and others serve as compelling evidence of the tangible benefits of investing in employee education. Beyond immediate career advancement, these initiatives lay the groundwork for sustained growth, both for individuals and the companies that support them. For more information on the Starbucks SCAP program, go to https://www.starbucks.com/careers/working-at-starbucks/education/.
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Arm reported a 47% year-over-year increase in fourth-quarter revenue driven by strong licensing business and AI chip demand. The British chip designer's 2025 revenue guidance missed analyst expectations. Arm's licensing business boosted its performance with 60% growth, primarily due to multiple high-value license agreements for AI chips. Analysts say licensing strength is a key indicator for future royalties and revenue growth. Shares fell less than 9% in premarket trading.
⏲ 0:33 👁 315K
Credit card data shows spending has remained relatively strong, but price sensitivity is rising, especially among lower-income consumers. Travel and experiences continue to see solid demand, but big-ticket home purchases have weakened amid economic uncertainty. Restaurant traffic has struggled as consumers dine out less frequently, citing affordability concerns. Discretionary purchases are under pressure as inflation squeezes budgets and consumers prioritize essentials over items like apparel.
⏲ 0:40 👁 685K
First broadcast 5th January 2024.<br/><br/>Host:<br/>Sandi Toksvig<br/><br/>Guests:<br/>Alan Davies<br/>Aisling Bea<br/>Urzila Carlson<br/>Romesh Ranganathan
⏲ 44:12 👁 1.1M
First broadcast 27th February 2024.<br/><br/>Host:<br/>Sandi Toksvig<br/><br/>Guests:<br/>Alan Davies<br/>Tom Allen<br/>Chris McCausland<br/>Lou Sanders
⏲ 44:13 👁 215K
Footage of a United States U-2 spy plane that captured imagery of the Chinese surveillance balloon that flew over the continental United States which was later shot down over the Atlantic Ocean.<br/><br/>Credit: Space.com | photos courtesy: US Department of Defense /Petty Officer 1st Class Tyler Thompson | edited by Steve Spaleta<br/>Music: Shifting Angles by Experia / courtesy of Epidemic Sound
⏲ 0:57 👁 24M
The giant cycling retailer, Wiggle has made majority of the workforce redundant after entering administration back in October 2023.<br/><br/>Cycling Weekly's Sam, Joe and Stefan talks about pro-cycling tech trends, new digital torque wrench from Topeak and the launch of the cheapest SPD based power meter pedals. The team also look at the Argon 18 Sum Pro which may just be one of the best value bikes specced with Shimano Dura-Ace.
⏲ 17:30 👁 630K
The Consumer Financial Protection Bureau and the Department of Transportation held a joint hearing to discuss whether new regulations are needed for credit card reward programs and airline loyalty programs. Officials argue that for many consumers, the high fees and interest charged on travel rewards credit cards outweigh the value of the rewards and perks earned. Airline-branded credit cards can be much costlier than average cards, with annual fees as high as $650 and interest rates averaging more than 25% compared to no annual fees and about 24% for most cards. Loyalty programs are major revenue generators for airlines, with Delta earning $6.5 billion and Americans expecting 80% of revenue from loyalty members.
⏲ 0:53 👁 185K
Trysta and Ryan break down Caitlin Clark season-long props and futures and where you can find the value
⏲ 5:4 👁 175K
A huge £150,000 cannabis factory has been discovered inside an industrial unit in Doncaster after officers acted on intelligence from the local community to execute a drugs warrant.<br/><br/>Yesterday afternoon (2 May), officers from Doncaster East Neighbourhood Policing Team raided a unit in Kirk Sandall as they executed a warrant under Section 23 of the Misuse of Drugs Act.<br/><br/>Inside, they found around 150 cannabis plants spread across two rooms, with the total estimated value of the Class B drugs coming to £150,000.<br/><br/>The plants have since been recovered from the premises and destroyed, with a 45-year-old man charged in connection with the incident.
⏲ 1:2 👁 8.6M
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
⏲ 1:29 👁 2.6M
Rescuers smash through roof to rescue baby in flood-hit BrazilSource: Army Aviation Command
⏲ 0:42 👁 130K
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