DIRS.INFO The most relevant business & tech news

☆ Maybe Kristi Noem doesn't want to be Trump's vice president
▼ + stars: | 2024-05-01 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Kristi Noem keeps hurting her chances to become Donald Trump's running mate. Kristi Noem has campaigned so badly to be former President Donald Trump's vice president that even some of the most controversial Trumpworld figures are turned off. If Noem truly wants to be vice president, this has been one of the worst efforts to obtain the job. AdvertisementIt's a difficult balance trying to become vice president. At worst, a potential vice president could lose all the leverage to shape the role in a way that would benefit him or her the most.

Persons: Kristi Noem, Donald Trump's, Noem, —, I've, Steve Bannon, Donald Trump Jr, Bannon, Trump, Tim Walz, Nicole Malliotakis, Joe Biden, Barack Obama, Harry Truman, FDR, Sen, JD Vance, Trump . Sen, Marco Rubio, Doug Burgum, Tim Scott of, George Costanza, Saul Goodman, Saul, Biden, Los Angeles Mayor Eric Garcetti, Karen Bass, Susan Rice, Gretchen Whitmer, Elizabeth Warren Organizations: South Dakota Gov, Service, White, Trump Jr, Cricket, The Guardian, Minnesota Gov, GOP, New, New York Republican, Politico, Gov, Ohio Republican, Trump ., Trump, Trump . North Dakota Gov, Wall Street, Los Angeles Mayor, New York Times, Michigan Gov Locations: New York, Texas, Ohio, Trump ., Tim Scott of South Carolina, Los Angeles, Biden's White

☆ Democrats: College campus protests highlight tensions in Biden’s coalition
▼ + stars: | 2024-04-30 | by ( Gregory Krieg | ) edition.cnn.com time to read: +20 min

Joseph Prezioso/AFP/Getty Images Pro-Palestinian protesters confront a Texas state trooper at the University of Texas in Austin on Monday, April 29. Brandon Bell/Getty Images Protesters link arms at Emerson College in Boston on April 24. Brian Snyder/Reuters House Speaker Mike Johnson speaks to the media on the campus of Columbia University after meeting with Jewish students on April 24. Alex Kent/AFP/Getty Images People watch from a window as New York University students set up a tent encampment on April 22. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22.

Persons: Joe Biden’s, Donald Trump, Alex Kent, Biden, Andrew Bates, “, Chuck Schumer, –, Hind Rajab, Mike Johnson, ” Johnson, Trump, Benjamin Netanyahu’s, Mike Lawler, Israel –, Jared Moskowitz, Vermont Sen, Bernie Sanders, ” Moskowitz, Sanders, “ Bernie, Alexandria Ocasio, Cortez, “ Sen, Sanders ’, ” Ocasio, tikkun, ”, Ocasio, Joseph Prezioso, Suzanne Cordeiro, Cliff Owen, Qian Weizhong, David Dee Delgado, Mike Stewart, Sarah Reingewirtz, Jay Janner, Brandon Bell, Brian Snyder, Timothy A, Clary, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Caitlin Ochs, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, Stefan Jeremiah, Selcuk, Kena Betancur, Josh Gottheimer, Dan Goldman, Richard Nixon, Netanyahu’s, Elizabeth Warren of, Bernie, ’, Warren, ‘, Netanyahu, Israel, ” Sanders –, Sanders –, Democratic Sen, Chris Murphy of, who’s, ” Murphy, Elise Stefanik, ” Stefanik, CNN’s Donald Judd, Kevin Liptak, Annie Grayer Organizations: CNN, Israel Democrats, Capitol, Columbia University, Hamilton Hall, Getty, New York Democrat, College Democrats, America, Columbia, Republicans, Democrats, GOP, Jewish Democrats, Israeli, GOP Rep, Democratic, Florida, New York Rep, Hamilton, Columbia Students, Justice, Brown University, University of Texas, George Washington University, AP, University of California, UCLA, Getty Images, New York University, Rueters Georgia State Patrol, Emory University, MediaNews, Los Angeles Daily News, Austin Statesman, USA, Network, Reuters, Austin, University, Emerson College, Swarthmore College, Bloomberg, Getty Images Police, University of Southern, Reuters New York, Reuters Columbia, New York Times, Sproul Hall, Yale University, University police, York University, The New School, Massachusetts Institute of Technology, Library, New York Police Department, Occupy, Hamas, Democratic Party, Biden, White, International Court of Justice, Sunday, Fox News, New York, Republican Locations: Gaza, New York City, Columbia, Palestinian, ”, Gaza City, Palestine, New York, Vermont, Alexandria, Israel, Cortez, Providence , Rhode Island, AFP, Texas, Austin, Washington ,, Los Angeles, New, Rueters Georgia, Atlanta, Getty Images Texas, Boston, Swarthmore , Pennsylvania, University of Southern California, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge, New Jersey, Washington, Elizabeth Warren of Massachusetts, “ State, Chris Murphy of Connecticut

☆ More than 1 million student-loan borrowers could soon be transferred to a new company after their servicer requested a lighter load, the Education Department says
▼ + stars: | 2024-04-29 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewA major student-loan company has requested that it no longer manage some of the borrowers in its servicing portfolio. "MOHELA continues to serve as one of the Department's federal student loan servicers and will continue their support for millions of student loan borrowers," the blog post said. AdvertisementThis announcement comes as the Education Department is working to overhaul the student-loan servicing industry to make it easier to use for borrowers. Warren told BI in a statement that less than three weeks after she held the hearing, "the Education Department is taking critical action to protect student loan borrowers." Advertisement"There is more that the Education Department can do to hold MOHELA accountable, but today's action is an important first step," Warren said.

Persons: —, MOHELA, servicers, Sen, Elizabeth Warren, Warren Organizations: Service, Federal, Business, An Education Department, Public, Education Department, Federal Student Aid, Democratic Locations: MOHELA

☆ Federal Student Aid head Richard Cordray, tasked with FAFSA rollout, to step down
▼ + stars: | 2024-04-26 | by ( Katie Lobosco | ) edition.cnn.com time to read: +7 min

Washington CNN —The head of the Federal Student Aid office, which has faced criticism for the botched rollout of this year’s college financial aid form, will be stepping down. The announcement of Cordray’s departure comes as his office has been under fire for problems with a new version of the Free Application for Federal Student Aid, or FAFSA, released late last year. “If there was a financial aid director, or even a college president, that delayed financial aid on their campus for up to six months, the professional price that would be paid for that would be pretty steep,” Justin Draeger, president of the National Association of Student Financial Aid Administrators, told lawmakers. Cordray’s tenureAs the head of FSA, Cordray oversaw not only the FAFSA but also the entire $1.6 trillion federal student loan system. It also sued Navient, one of the biggest federal student loan servicers, for allegedly processing payments incorrectly.

Persons: Richard Cordray, Cordray, Justin Draeger, Virginia Foxx, Miguel Cardona, Cordray’s, Rich Cordray’s, ” Cardona, “, Rich, Obama, ” Cordray, Pell, Biden, Trump, Massachusetts Sen, Elizabeth Warren —, Navient, “ I’m, ” Warren Organizations: Washington CNN, Federal, Aid, CNN, Department of Education, Federal Student Aid, Education, Workforce, National Association of Student Financial, Republican Rep, Consumer Financial Protection Bureau, Democratic, National College, of Education, Public, Consumer Financial, Massachusetts, Corinthian Colleges Locations: North Carolina, Ohio

☆ Here's why Biden administration believes new student loan forgiveness plan will survive legal challenges
▼ + stars: | 2024-04-23 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. The aid package is narrowerBiden's 2020 campaign promise to erase student debt was thwarted at the Supreme Court in June. Biden had tried to forgive the debt of nearly all 40 million federal student loan borrowers, with many people getting up to $20,000 in cancellation. As a result, for critics of broad student loan forgiveness, Biden's new plan looks a great deal like his first. Biden's first forgiveness plan was based on the Higher Education Relief Opportunities for Students Act, or HEROES Act, of 2003.

Persons: Joe Biden, Andrew Caballero, Reynolds, Joe Biden's, Biden didn't, Biden, who've, Biden's, Andrew Bailey, X, Bailey, There's, didn't, John Roberts, Lyndon B, Johnson, Sen, Elizabeth Warren, Warren Organizations: Madison Area Technical College, AFP, Getty, U.S . Department of Education, Republican, Higher, Higher Education, Act, Biden, ., of Education Locations: Madison , Wisconsin, Missouri, . Nebraska

☆ Elizabeth Warren is asking a major student-loan company to cancel debt for borrowers with 'decades-old predatory private' loans. Here's how.
▼ + stars: | 2024-04-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

A major private student-loan company is leaving the servicing industry. But before that happens, a group of Democratic lawmakers want it to give some borrowers debt relief. On Wednesday, Sen. Elizabeth Warren led eight of her Democratic colleagues in sending a letter — first reviewed by Business Insider — to Navient's CEO David Yowan, requesting that the company cancel "decades-old predatory private student loans" using a consumer protection law established by the Federal Trade Commission. AdvertisementBut there might be an avenue to still get those borrowers debt cancellation. "Navient should stop making borrowers apply for relief and instead automatically cancel student debt using information the company already has about whether borrowers attended schools that would entitle them to relief," they wrote.

Persons: Sen, Elizabeth Warren, David Yowan, Navient, Warren, Holder Organizations: Service, Democratic, Business, Federal Trade Commission, Family Education, Education Department, Minnesota Attorney Locations: Minnesota, MOHELA, Navient

☆ Student-loan borrowers faced 3.9 million billing errors after entering repayment, a new report from 4 Democratic lawmakers says
▼ + stars: | 2024-04-10 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Read previewLawmakers have highly scrutinized the return to repayment for millions of student-loan borrowers in the fall. Elizabeth Warren, Richard Blumenthal, Ed Markey, and Chris Van Hollen released a report on student-loan servicer errors amid the return to repayment. Exclusively viewed by Business Insider, the report said servicers made over 3.9 million "billing-related errors" once repayment resumed. Still, the Democratic lawmakers said in their report that more could be done to help borrowers harmed by servicing errors. "To remedy servicers' historic failures and protect borrowers from future harms, there must be a path for debt relief for borrowers harmed by their servicers," they wrote in the report.

Persons: —, Democratic Sens, Elizabeth Warren, Richard Blumenthal, Ed Markey, Chris Van Hollen, servicers, Nelnet, Aidvantage, MOHELA, Warren Organizations: Service, Democrats, Democratic, Business, Education Department, ED, Warren, BI, Public

☆ Bill in Congress Would Force Action on U.S. Troops’ Blast Exposure
▼ + stars: | 2024-04-09 | by ( Dave Philipps | ) www.nytimes.com time to read: +1 min

Lawmakers from both parties plan to introduce a sweeping bill in Congress on Wednesday that would force the military for the first time to track and limit troops’ exposure to damaging shock waves from firing their own weapons. The bill, known as the Blast Overpressure Safety Act, would order the military to begin recording troops’ individual blast exposures in training and regularly give exposed troops neurocognitive tests to check for signs of possible injuries. It would also require military medical personnel to be trained in recognizing injuries from repeated blast exposure, which are currently often misdiagnosed as behavioral health issues, if they are diagnosed at all. Senators Elizabeth Warren, Democrat of Massachusetts, and Joni Ernst, Republican of Iowa, plan to introduce the bill in the Senate on Wednesday. Representative Ro Khanna, Democrat of California, plans to introduce a similar bill in the House.

Persons: Senators Elizabeth Warren, Joni Ernst, Ro Khanna Organizations: Senators, Republican Locations: Massachusetts, Iowa, California

☆ Elizabeth Warren suggests Israel’s actions in Gaza could be ruled as a genocide by international courts
▼ + stars: | 2024-04-08 | by ( Morgan Rimmer | ) edition.cnn.com time to read: +2 min

It is wrong to starve children within a civilian population in order to try to bend them to your will. It is wrong to drop 2,000-pound bombs in densely populated civilian areas,” Warren, a Massachusetts Democrat, said. Warren has criticized the Biden administration’s policies on Israel, calling for a ceasefire and demanding conditions on future aid to the US ally. After seven World Central Kitchen aid workers were killed in an Israeli strike, Warren posted on X, “Aid workers reflect the best of humanity and need to be protected. We need an immediate ceasefire and to deliver massive amounts of humanitarian aid.”

Persons: CNN — Sen, Elizabeth Warren, Israel, ” Warren, “ Israel, “, Warren, ” Organizations: CNN, Islamic, of Boston, Massachusetts Democrat, Politico, International Court of Justice, International Court, Justice, Biden, Kitchen, “ Locations: Gaza, Israel, Massachusetts

☆ Student-loan borrowers in public service are facing a key change starting in May — and it'll mean delays in their debt cancellation progress
▼ + stars: | 2024-04-03 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewSome key changes are on the way for thousands of federal student-loan borrowers in public service. President Joe Biden's Education Department recently posted new guidance on Federal Student Aid's website with updates to the Public Service Loan Forgiveness program. Once PSLF processing resumes in July, borrowers' loans will remain with their servicer, but the Education Department will fully manage the program. As a result, borrowers can view their PSLF payments directly on studentaid.gov, access "enhanced" services like status tracking for their applications, and see quicker processing times for PSLF. AdvertisementOn top of this transition, MOHELA is in the process of transitioning borrowers to a new servicing platform, which could mean up to 30-day delays in posting payments.

Persons: —, Joe Biden's, MOHELA, that'll, PSLF, Grant, Massachusetts Sen, Elizabeth Warren, Warren, Chuck Schumer, Sen, Bernie Sanders Organizations: Service, Joe Biden's Education Department, Federal, Public, Business, Teacher, College And Higher, Federal Student Aid, Education Department, PSLF, Protection Locations: Massachusetts

☆ Why student loan forgiveness remains a key issue for the Biden campaign
▼ + stars: | 2024-03-30 | by ( Katie Lobosco | ) edition.cnn.com time to read: +9 min

Still, the Biden campaign sees student debt forgiveness as a winning issue. The administration is working on developing another student loan forgiveness program, relying on a different legal authority this time. Student debt policy has come a long wayStill, student loan borrower advocates agree that forgiveness for nearly 4 million people is worth acknowledging. Before the 2016 presidential campaign, broad student debt cancellation was not an issue that candidates usually campaigned on. Cole also served on the Department of Education’s rulemaking committee tasked with developing the new student loan forgiveness program.

Persons: Joe Biden, Biden, It’s, –, ”, Braxton Brewington, “, ” Biden, Donald Trump, Trump, we’ll, it’s Joe Biden, Seth Schuster, Trump Democratic Sen, Elizabeth Warren –, Betsy DeVos, “ Joe Biden, ” Warren, DeVos, he’s, The Trump, it’s, There’s, that’s, Brewington, Wisdom Cole, Cole, Jill Biden’s, ” Cole, Warren, CNN’s Ariel Edwards, Levy Organizations: Washington CNN, Supreme, Republican, Biden, Trump Democratic, CNN, Education Department, Corinthian Colleges, The, PSLF, Department of Education, NAACP Youth & College Division, Department, Education’s, State, Union, Black, KFF, NAACP Locations: California, United States, Massachusetts

BOSTON (AP) — Financially embattled hospital operator Steward Health Care has struck a deal to sell its nationwide physician network to Optum, a subsidiary of UnitedHealth Group, as it works to stabilize its finances. Maura Healey has said state monitors are keeping eye on the nine health care facilities operated by Steward Health Care in Massachusetts, including hospitals in some of the state’s poorer communities. Emails to Steward Health Care and Optum seeking comment were not immediately returned. Democratic U.S. Sen. Edward Markey said for-profit companies that participate in the health care system must understand that their decisions have direct impacts on patients and communities. “After years of gross profiteering and mismanagement, Steward’s latest plan raises more serious questions about the future of the Massachusetts health care system," Warren said in a written statement.

Persons: —, Maura Healey, Optum, David Seltz, ”, ” Seltz, Ronald Mariano, Democratic U.S . Sen, Edward Markey, ” Markey, “, Sen, Elizabeth Warren, Steward’s, Warren, Steward Organizations: BOSTON, Health Care, UnitedHealth, Steward Health Care, Department of Public Health, Steward, Democratic Massachusetts, Democratic U.S ., Health, Education, Labor, Primary Health Locations: Massachusetts, The Dallas, Boston, U.S

☆ Millions of older adults with student debt are at risk of losing some Social Security benefits, lawmakers warn
▼ + stars: | 2024-03-25 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Millions of older adults who are behind on their student loans could soon receive a smaller Social Security benefit. "When borrowers are in collections, on average their Social Security benefits are estimated to be reduced by $2,500 annually," the lawmakers wrote on March 19. "This can be a devastating blow to those who rely on Social Security as their primary source of income." Social Security recipients can see up to 15% of their benefit reduced to pay back their defaulted student debt, which "can push beneficiaries closer to — or even into — poverty," the lawmakers wrote. The government's collection practices with student loan borrowers, including the garnishment of wages and Social Security benefits, is an area under review, a source familiar with its plans told CNBC.

Persons: Sen, Elizabeth Warren, Ron Wyden, Biden Organizations: Security, Democratic, Social Security, Social, U.S . Department of Education, Finance, Harvard, CNBC

☆ A major student-loan company is 'impeding' borrowers' debt cancellation and 'mishandling' their monthly bills, Elizabeth Warren says. She wants its CEO to face Congress.
▼ + stars: | 2024-03-18 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Read previewMassachusetts Sen. Elizabeth Warren has questions for the head of a major student-loan company — and she wants him to answer them in Congress next month. On Monday, Warren sent a letter to Scott Giles, the CEO of federal student-loan servicer MOHELA, inviting him to testify before the Senate banking committee on April 10. MOHELA was the first federal servicer to be punished by the Education Department for failing to fulfill its contractual obligations. "Your testimony will provide you with an opportunity to offer context on MOHELA's role as a student loan servicer at a time of significant transition for the federal student loan program," she added. Warren, along with other Democratic lawmakers, has previously scrutinized MOHELA's handling of student-loan borrowers' accounts.

Persons: —, Massachusetts Sen, Elizabeth Warren, Warren, Scott Giles, servicer MOHELA, MOHELA, servicer, Chuck Schumer, Sen, Bernie Sanders, PSLF, I'm Organizations: Service, Public, Business, Education Department, Democratic, Consumer Financial Protection Bureau Locations: Massachusetts, Nelnet

☆ Presidential election or not, economists say, the Fed will cut interest rates in the fall if it must
▼ + stars: | 2024-03-17 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

Fed officials have said they will begin to cut rates whenever they have “gained enough confidence” that inflation is under control. The Bank of Japan announces its latest interest rate decision. The Reserve Bank of Australia announces its latest interest rate decision. The Federal Reserve announces its latest interest rate decision and releases a fresh set of economic projections, followed by a news conference featuring Chair Jerome Powell. The Bank of England announces its latest interest rate decision.

Persons: Wall Street’s, “, ” Kathy Bostjancic, ”, Jerome Powell, ” Powell, Fed hasn’t, Nathaniel Beck, Elizabeth Warren of, Powell, lambasting, Donald Trump, reappoint Powell, ” Kayla Bruun, David Goldman, Anna Bahney, Cowen, Lennar, Mills Organizations: CNN Business, Bell, Washington CNN, Federal Reserve, Fed, Nationwide, CNN, Elizabeth Warren of Massachusetts, Democratic, Republican, Morning, National Association of Realtors, NAR, Realtors, Toll Brothers, National Association of Home Builders, Bank of Japan, Reserve Bank of Australia, US Commerce Department, Micron Technology, Prudential, Accenture, Nike, FedEx, lululemon, Darden, Academy Sports, Bank of England, US Labor Department, Global Locations: Washington, Wells Fargo

☆ Kyrsten Sinema is still sitting on over $11 million in campaign cash — and she could easily use it to fuel her post-Senate life
▼ + stars: | 2024-03-11 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

At the end of January, the Arizona senator reported holding nearly $10.6 million cash on hand in her campaign account and another $466,000 in her leadership PAC. AdvertisementNow, it's far from clear what will happen to those "resources" — Sinema's campaign did not respond to Business Insider's request for comment last week on the matter. There are a few different ways this could play out if Sinema decides to keep a "zombie PAC" running. Elizabeth Warren and Michael Bennet once introduced a bill to crack down on "zombie PACs." Advertisement"A lot of people use that to stay in the game because a leadership PAC is kind of a slush fund.

Persons: —, What's Sen, Kyrsten Sinema, Ruben Gallego, Kari Lake, Sinema, Arizonans, Saurav Ghosh, Ghosh, That's, Republican Sen, Rob Portman, Portman, Matt Dolan, Anna Moneymaker, he's, Kelly Ayotte, who's, Aaron Scherb, it's, She'd, she'd, Democratic Sens, Michael Bennet of Colorado, Elizabeth Warren of, Elizabeth Warren, Michael Bennet, Bill Clark, Bennet, she's, airfare, Jordan Libowitz Organizations: Service, Senate, Democrat, Democratic Rep, Business, Bloomberg, Republican, American Enterprise Institute, US, Republicans, Democratic, Daily Beast, Citizen, Washington, Commission, PAC Locations: Arizona, Ohio, New Hampshire, Elizabeth Warren of Massachusetts, Washington, Europe

☆ The State of the Union is Biden's biggest moment before the election
▼ + stars: | 2024-03-07 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Joe Biden will give his third State of the Union address on Thursday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Thursday, Biden will deliver his State of the Union address to what could be his largest audience before Election Day. In this sense, Biden's speech comes with additional pressure. The State of the Union is not an explicit campaign speech.

Persons: Joe Biden, Biden, —, Robert Hur's, Ronald Reagan's, Trump, Nikki Haley's, Sen, Elizabeth Warren of, you'll, he's, Bernie Sanders, Sanders Organizations: Service, NFL, Republican National, GOP, Democrats, Biden, The Washington Post Locations: Elizabeth Warren of Massachusetts

☆ Biden called for protecting Social Security, Medicare in last year’s State of the Union. Now advocates hope for action
▼ + stars: | 2024-03-07 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

His bill — Social Security 2100 Act — would include a 2% across-the-board benefit increase, as well as more generous benefits for low-income seniors, and other enhancements. Those benefit boosts would be paid for by making it so earnings over $400,000 are subject to Social Security payroll taxes. Larson's Social Security proposal currently has almost 200 House co-sponsors, with companion legislation in the Senate. watch now"The fact that there hasn't been votes on something as critically important to 70 million Americans as Social Security is … why isn't there a vote?" At the time, there was a question as to whether to focus on Social Security instead.

Persons: Joe Biden, John Larson, Conn, Drew Angerer, hasn't, Larson, Barack Obama, — Larson, Elizabeth Warren, Bernie Sanders Organizations: Capitol, Getty, Democratic, Social, Security, Social Security, CNBC, D.C, Affordable, Republicans Locations: Washington, Larson's, U.S, Sens

☆ Inside a prison healthcare company's ownership shell game
▼ + stars: | 2024-03-05 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +22 min

Sen. Elizabeth Warren has criticized Corizon successor company YesCare for its opaque corporate structure. Yet Geneva's track record is scant; it only incorporated in November 2021, six months before it got the YesCare contract. AdvertisementOnly one agency with a YesCare contract told BI it was aware of the extent to which YesCare had outsourced its operations. AdvertisementAn October 2022 YesCare bid document, submitted to the Alabama Department of Corrections, says PharmaCorr will dispense all prescription medications for YesCare. AdvertisementThe agreement between Geneva and prison healthcare provider YesCare requires YesCare to pay at least $500,000 a month to Geneva.

Persons: Sen, Elizabeth Warren, Corizon, YesCare, —, Dick Durbin, Raphael Prober, Prober's nonanswer, Warren, Christopher M, Lopez, Robert Green, Corizon —, Green, Lori Mayer, Aaron Kaufman, Chris Atkinson, Joel Landau, Tehum, Martin Horn, Alabama Department of Corrections YesCare, Thomas Mailey, Bryan Baker, Isaac Lefkowitz, Perigrove, — Lefkowitz, Lefkowitz, David Gefner, Gefner, Storm Harper, PharmaCorr, Jeff Sholey, Steven Weiss, Atkinson, Sara Tirschwell, Zalman Shapiro, Tirschwell, Michael Farrier, Jeffrey Sholey, Judge Lopez Organizations: Service, Corizon Health, Business, Getty, YesCare Holdings, Justice Department, Tehum Care Services, Geneva Consulting, Genesis Healthcare, BI, Geneva, American Correctional Association, . Maryland Department of Public Safety, Correctional, CHS, PharmaCorr, University of West, of Health, Allure, New York State Department of Health, Public, New York City Department of Correction, Alabama Department of Corrections, Alabama, New York State Department of Corrections, Community Supervision, Doña, Okaloosa, LinkedIn, YesCare, YesCare . Alabama Department of Corrections, Gefner, Court, Western, of, Corizon's, Florida's, Florida's Hillsborough County Sheriff's, Tehum's Locations: Missouri, Houston, Texas, Geneva, Florida, Alabama, New Jersey, YesCare, University of West Florida, Connecticut, Massachusetts, Riker's, Doña Ana County, New Mexico, Okaloosa County , Florida, Wyoming, Maryland, Colorado , Florida, North Carolina, Suffern , New York, YesCare's Alabama, of Missouri, Florida's Hillsborough County

☆ 3 top Democratic lawmakers are calling for an investigation into a major student-loan company, accusing it of 'loan forgiveness mismanagement' for millions of borrowers
▼ + stars: | 2024-02-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewThree top Democratic lawmakers want federal and state officials to investigate a major student-loan company. AdvertisementThey called on the CFPB and attorneys general to "investigate MOHELA and pursue action to the fullest extent possible under the law. We’re standing with @theSBPC and @AFTunion in expressing outrage at MOHELA’s student loan mismanagement. Since student-loan payments resumed in October after an over three-year pause, federal servicers have been under scrutiny over their handling of the return to repayment. AdvertisementIn January, the Education Department withheld varying amounts of pay from the other three federal servicers for the same reason.

Persons: —, Chuck Schumer, Elizabeth Warren, Bernie Sanders, MOHELA, they're, Biden, — Chuck Schumer, Warren Organizations: Service, Democratic, Consumer Financial Protection Bureau, Business, Protection, American Federation of Teachers, Sunshine Law, AGs, Education Department Locations: Sens, Missouri

☆ Blocking Kroger’s mega-merger with Albertsons won’t save your local grocery store
▼ + stars: | 2024-02-27 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +6 min

High grocery prices helped scuttle the dealInflation at the grocery store loomed over the proposed merger. Over the past four years, grocery prices have risen significantly,” the FTC said in its lawsuit. Kroger had committed to invest $500 million in lower prices and $1.3 billion to improve Albertsons’ stores if the merger cleared. Yet consolidation in the grocery sector is growing, and small grocery stores are struggling. Traditional grocery stores have also lost ground to Walmart, Costco, dollar stores and online retailers during that span.

Persons: it’s, Kroger, Ash, “, ” Greg Ferrara, Joe Biden, Lina Khan, Khan, Marc Perrone, ” Sen, Elizabeth Warren, ” Joe Feldman Organizations: New, New York CNN, Kroger, Albertsons ’, Albertsons, Walmart, FTC, Bureau of Labor Statistics, Albertsons Cos, Safeway, Bloomberg, Getty, Agriculture Department, Costco, Independent, National Grocers Association, Meta, Microsoft, Unions, Democrats, Food, Commercial Workers ’, ”, Top Democratic, Twitter, Aldi, Activision, Telsey Advisory Locations: New York, Scottsdale , Arizona

CNN —There is still no clear path to avert a partial government shutdown at the end of the week, with just four days until Congress runs into a key funding deadline. Lawmakers had hoped to release the text of a bipartisan spending deal Sunday evening, but the bill has yet to be unveiled. As the clock ticks down to the deadline, Senate Democrats expressed anger and frustration Monday at the growing risk of a shutdown as many criticized House Republicans over the impasse. “Right now, the Republicans can’t seem to get themselves organized just to sign off on the basic work they’re supposed to do. In the Senate, agreement would need to be reached with the consent of all 100 senators to swiftly move any legislation before the deadline to avert a partial shutdown.

Persons: Mike Johnson, ” Sen, Elizabeth Warren of, CNN’s Manu Raju, “, Republicans can’t, Jon Tester, ”, Raju, Joe Manchin, Chuck Schumer, Johnson, Schumer, ” Johnson, Mitch McConnell, McConnell, We’re, Joe Biden, Alejandro Mayorkas, It’s, Kevin McCarthy, Manu Raju, Sam Fossum, Melanie Zanona, Haley Talbot, Betsy Klein, Tami Luhby, Priscilla Alvarez Organizations: CNN, Lawmakers, Louisiana Republican, House Republicans, Republicans, Montana Democrat, West, West Virginia Democrat, House Republican, GOP, Senate, Capitol, White, Senators, Homeland, Schumer, Agriculture, Energy, Transportation, Veterans Affairs, Urban, and Drug Administration, Justice, Commerce, Defense, Homeland Security, State, Education, Human Services, Environmental Protection Agency Locations: Louisiana, Elizabeth Warren of Massachusetts, Montana, West Virginia, New York, Ukraine, Washington, Housing

☆ Nikki Haley’s South Carolina loss is unique in US politics
▼ + stars: | 2024-02-25 | by ( Annette Choi | Zachary Wolf | ) edition.cnn.com time to read: +4 min

Now she has lost the primary in her home state of South Carolina, where she was a two-term governor. Fellow Floridian Jeb Bush, a former governor, dropped out earlier, after a disappointing finish in nearby South Carolina. Former Rep. Dennis Kucinich also made an argument about influencing the agenda when he refused to drop out of the 2004 Democratic primary race. Could Haley win delegates without winning states? Heading into South Carolina, Trump had 63 delegates and Haley had 17.

Persons: Nikki Haley, Donald Trump, won’t, Sen, Marco Rubio, Trump, Jeb Bush, Elizabeth Warren of Massachusetts, Warren, Amy Klobuchar, Ron Paul, wasn’t, Mitt Romney, Paul’s, Dennis Kucinich, Kucinich, Haley, Haley isn’t, It’s, CNN Haley, ”, Jake Tapper, Tapper she’ll Organizations: CNN, Republican, Florida Republican, GOP, Florida ., Democratic, Former, Republicans, Trump, South Locations: Iowa, New Hampshire, Nevada, South Carolina, Florida, Massachusetts, Minnesota, Texas, Ohio

☆ Nikki Haley just got trounced in her home state. Here's what happened to 8 other politicians after similar defeats.
▼ + stars: | 2024-02-25 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +1 min

Nikki Haley isn't the first presidential hopeful to lose her home state. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Former UN Ambassador Nikki Haley learned this the hard way after a drubbing in the South Carolina GOP presidential primary. This story is available exclusively to Business Insider subscribers.

Persons: Nikki Haley isn't, Marco Rubio, Elizabeth Warren, —, Nikki Haley, George H.W, George H.W . Bush, Haley Organizations: Service, Former UN, South Carolina GOP, Trump, Business Locations: Sens, George H.W ., Texas

☆ Justice Department calls for dismissal of the Corizon bankruptcy
▼ + stars: | 2024-02-25 | by ( Dakin Campbell | Nicole Einbinder | ) www.businessinsider.com time to read: +5 min

Read previewIn the latest blowback to the correctional healthcare company formerly known as Corizon Health, the Department of Justice's US Trustee Program — the watchdog of the federal bankruptcy system — called for the dismissal of its contentious bankruptcy. In a mid-January motion, a committee representing prisoners who filed suit against Corizon alleging medical neglect requested that Judge Christopher Lopez dismiss the bankruptcy outright. In that letter, Warren lauded the Trustee for filing its October objection to Corizon's bankruptcy plan. While Corizon recently offered a larger, $54 million settlement proposal, the committee representing the current and former prisoners opposed it. "The federal government's bankruptcy watchdog has taken a strong stand to protect against big corporations' abuse of our bankruptcy system," she said in her statement.

Persons: —, Christopher Lopez, Ha Ngyuen, Andrew Jiménez, Corizon, Elizabeth Warren, Dick Durbin, Bernie Sanders, Warren, Isaac Lefkowitz, Lefkowitz, Nguyen, Jason Brookner Organizations: Service, Department of Justice's, Business, U.S, Department of Justice, Tehum Care Services, M2LoanCo, Geneva Consulting Locations: Texas, Tehum

Search resuls for: "Elizabeth Warren"

25 mentions found