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Hopes fade for Jet Airways return as shares plunge

Hopes fade for Jet Airways return as shares plunge

Business
By Sharon Marris, business reporter Hopes for Jet Airways are fading as its shares plunge and rivals rush to fill the supply gap.The airline, once India's largest private carrier, cancelled all flights indefinitely on Wednesday after lenders led by the State Bank of India refused to extend funding. On Thursday, the carrier's shares fell 26.9%, leaving it valued at around $ 260m (£199m) - far from its 2005 peak of $ 1.6bn (£1.2bn).Jet Airways and its lenders had been trying for weeks trying to find a solution to the airline's £900m debt problem.But on Wednesday Jet announced that, with no emergency funds forthcoming from the lenders or any other source, it could no longer pay for the fuel and services required to continue operations.
Unhappy with your tax return? How to prepare for 2019

Unhappy with your tax return? How to prepare for 2019

Finance
Tax season has come and gone — at least for the more than 103 million filers who submitted their returns before April 15. This spring marked the first time taxpayers and their accountants submitted tax returns under the Tax Cuts and Jobs Act. The overhaul of the tax code, which went into effect in 2018, increased the standard deduction to $ 12,000 for singles ($ 24,000 for married couples filing jointly), eliminated personal exemptions and curbed a number of itemized deductions. The Treasury Department and the IRS also updated the withholding tables l
Game of Thrones: What did people make of its return?

Game of Thrones: What did people make of its return?

Entertainment
This story does not contain spoilers. Game Of Thrones returned for its eighth and final season on Monday morning after a near two-year absence.HBO aired episode one of the fantasy epic simultaneously in the US and UK.Hardcore British fans had to stay up until 0200 BST to return to the Westeros winter for the first time since August 2017.Secrets were revealed and families reunited as the battle for the Iron Throne intensified, with the 'undead' army inching ever closer. The breakout stars of HBO's hit series Game of Thrones stars step out for final season premiere While many battle-weary viewers were either heading back to bed, or off to work, journalists were busy filing their early reviews:Breathtaking momentsThe Guardian, which ...
3 big tax planning takeaways from Sen. Elizabeth Warren’s 2018 return

3 big tax planning takeaways from Sen. Elizabeth Warren’s 2018 return

Finance
Say what you will about presidential hopeful Sen. Elizabeth Warren, D-Mass., but it looks like she's getting some good tax advice. Warren released her 2018 tax return Wednesday. She filed jointly with her husband Bruce H. Mann, a professor at Harvard Law School. The two reported total income of $ 905,742 and paid total taxes of $ 230,965, according to the return. The couple didn't get a refund. Rather, they owed the IRS $ 24,477 in taxes. They weren't on the hook for underpayment penalties. "...
Wolves return to Netherlands after 140 years

Wolves return to Netherlands after 140 years

Science
The Netherlands has its first resident wolf population in 140 years, according to ecologists. Wolves were hunted out of many European countries over a century ago but have gradually been migrating back across the continental mainland. Occasional wolf sightings have been made in the Netherlands since 2015. But these animals were previously thought to be animals that had crossed over temporarily from Germany and would subsequently return there.Ecologists from campaign groups FreeNature and Wolven in Nederland have been tracking two females in the Veluwe area, collecting wolf prints and scat (droppings) from which they can identify DNA. "It's like Tinder," said ecologist M...