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Stock futures are near flat Monday night after the technology-heavy Nasdaq Composite closed at an all-time high. Dow Jones Industrial Average futures lost just 27 points, while S&P 500 futures also sat near its flatline. Those moves come after a mixed day on Wall Street. But the blue-chip Dow slipped almost 200 points, or 0.5%. Monday's action follows a notable week on Wall Street amid renewed hopes about the state of inflation and monetary policy.
Persons: Dow, Jamie Dimon, Keith Buchanan, Christopher Waller, Tom Barkin, Raphael Bostic Organizations: New York Stock Exchange, Stock, Nasdaq, Dow Jones Industrial, Palo Alto Networks, LSEG, Nvidia, JPMorgan, Globalt Investments, Federal, Richmond Fed, Atlanta Fed, Traders
In the new Yorgos Lanthimos film “Kinds of Kindness,” a character played by Emma Stone recounts a dream in which she was the denizen of a bizarre world. “There, dogs were in charge,” she murmurs. “People were animals, animals were people.” But being brought to heel by their canine masters wasn’t as bad as it sounds, she says: “I must admit, they treated us pretty well.”Compared with how the human beings treat each other in “Kinds of Kindness,” a dark new comedy that just premiered at the Cannes Film Festival and is in theaters June 21, the dogs would surely be an improvement. Comprised of three separate stories with the cast members recurring in different roles, “Kinds of Kindness” begins with the tale of Robert (Jesse Plemons), a corporate underling whose every interaction in life — including what to eat, how to speak or even who to marry — is controlled by a boss (Willem Dafoe) whose decisions send poor Robert into a tailspin. The second story follows Daniel (Plemons again), who becomes convinced that his wife (Stone) is not who she claims to be and coaxes her into insane tasks to prove herself.
Persons: , Emma Stone, , Robert, Jesse Plemons, , Willem Dafoe, Daniel, Plemons Organizations: , Cannes Film
Read previewFilmmaker George Miller opened up about the on-set feud between "Mad Max: Fury Road" stars Tom Hardy and Charlize Theron in an interview with The Telegraph. AdvertisementThe 79-year-old Academy Award-winning director, who has returned to the franchise to direct the prequel, "Furiosa: A Mad Max Saga," added that he "saw their behavior as mirroring their characters, where they had to learn to co-operate to ensure mutual survival." Charlize Theron and Tom Hardy in "Mad Max: Fury Road" (2015). Tom Hardy and Charlize Theron. "You have to be obsessive about safety – physical safety, as the shoot goes on and fatigue sets in, but also psychological safety," he said.
Persons: , George Miller, Max, Tom Hardy, Charlize Theron, Hardy, Theron, Miller, Tom, Charlize, Kyle Buchanan's, Furiosa, Max Rockatansky, Mark Goellnicht, Goellnicht, Warner, Anya Taylor, Joy, Chris Hemsworth Organizations: Service, The Telegraph, Business, Warner Bros, Fury, Fair, Telegraph Locations: Australian
A former diversity manager at Facebook and Nike was sentenced to five years and three months in prison for stealing more than $5 million from those companies that had been earmarked for DEI initiatives, federal prosecutors said. Georgia resident Barbara Furlow-Smiles, who pleaded guilty to wire fraud in the case in December, stole more than $4.9 million from Facebook "utilizing a scheme involving fraudulent vendors, fake invoices, and cash kickbacks," Atlanta U.S. Attorney Ryan Buchanan said in a statement. "After being terminated from Facebook, she brazenly continued the fraud as a DEI leader at Nike, where she stole another six-figure sum from their diversity program," Buchanan said. Furlow-Smiles, 38, used the money she stole "to fund a luxury lifestyle in California, Georgia and Oregon," according to Buchanan's office, which had asked a judge to sentence her to 6½ years. She was a lead strategist and global head of employee resource groups and diversity engagement at Facebook, the subsidiary of Meta.
Persons: Barbara Furlow, Ryan Buchanan, brazenly, Buchanan Organizations: Facebook, Nike, Atlanta U.S, Meta, Prosecutors, PayPal Locations: Georgia, California , Georgia, Oregon
A former Facebook and Nike diversity manager was sentenced to five years in prison for wire fraud. Barbara Furlow-Smiles admitted to stealing over $5 million from the companies. 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 . AdvertisementA former diversity program manager at Facebook and Nike was sentenced to five years and three months in prison after pleading guilty to stealing more than $5 million to fund her luxury lifestyle.
Persons: Barbara Furlow, Smiles, , Ryan K, Buchanan Organizations: Facebook, Nike, Attorneys, Service, US, Office, Northern, Northern District of, Business Locations: Northern District, Northern District of Georgia
Read previewAnya Taylor-Joy says she felt isolated while filming George Miller's "Furiosa: A Mad Max Saga," but won't reveal why. The star plays the younger version of Charlize Theron's "Mad Max: Fury Road" character, Imperator Furiosa. The 2024 prequel explores Furiosa's backstory before she met Max Rockatansky (Tom Hardy) and led a rebellion against Joe. AdvertisementIt's not the first time that actors have been put through the physical and emotional wringer while making a "Mad Max" movie. But when it comes to "Furiosa," Taylor-Joy still cherishes her time on the unique shoot.
Persons: , Anya Taylor, Joy, George Miller's, Max, Imperator Furiosa, Furiosa, Immortan Joe, Hugh Keays, Byrne, Max Rockatansky, Tom Hardy, Joe, It's, Kyle Buchanan, Taylor, Buchanan, Joy wouldn't, Theron, Hardy, Mark Goellnicht, he's, I've Organizations: Service, Business, The New York Times Locations: Australia
Hybrid sales are booming in the US. In his latest earnings report, the company blamed demand for hybrid vehicles for depressing global EV sales. "We believe this is not the right strategy, and electric vehicles will ultimately dominate the market," he added. "A lot of hybrid electric vehicles now are not far off from their internal combustion engine alternatives. "What we've seen historically is that when gas prices rise, hybrid electric vehicle price or acquisitions rise as well," he told BI.
Persons: , Elon Musk, Nick O'Brien, O'Brien, EVs, Edmunds, Mark Singer, Tesla, Jeff Buchanan, Buchanan, Singer Organizations: Toyota, Service, EV, General Motors, Ford, Business, Jefferson Community College, Maverick, New York Times, National Renewable Energy Laboratory, Soaring, Singer, US Locations: Edmunds, North America, Kentucky
“There’s just less dollars for consumers to spend.”The challenge for retailers now is to shake consumers out of that frugal mindset. Retail spending has increased in seven of the past 10 months through March. “If you want to convince consumers to spend you have to give them a reason to do so. Lower prices are a clear opportunity to drive people into the store or online.”It’s a lever that Walmart, he said, has pulled forever. Clothing chain H&M told analysts during its most recent earnings call that it, too, would lower prices.
Persons: Sarah Wyeth, , Chad Lusk, Alvarez, ” Wyeth, “ There’s, they’re, Zak Stambor, Stambor, Joe Raedle, ” Stambor, , ” Jesper Brodin, ” Brodin, ” Michaels, ” Ashley Buchanan, Michaels, Lars Daniel Ervér, Frida, Chuck, – CNN’s Bryan Mena Organizations: New, New York CNN —, Ikea, Shoppers, “ Retailers, CNN, Walmart, Ingka, , Cheese, Stambor Locations: New York, Hallandale Beach , Florida
Fulton County District Attorney Fani Willis attends a hearing on the Georgia election interference case, March 1, 2024, in Atlanta, Georgia, U.S. A California man was indicted by a federal grand jury in Atlanta on charges of threatening Fulton County District Attorney Fani Willis, the U.S. Attorney's Office for the Northern District of Georgia announced Friday. The indictment detailed more threats Schultz made, including, "FANI WILLIS WILL BE DEAD IN 2024," and other threats using racial slurs. In a statement released by Willis' office, she referenced GOP state Sen. Bill Cowsert, who is leading an investigation of Willis' office. In March, Fulton County Superior Court Judge Scott McAfee ruled Willis could continue prosecuting the case, but she and Wade could not work on it together.
Persons: Fani Willis, Willis, Nathan Wade, Donald Trump, Mark Schultz, Schultz, FANI WILLIS, Trump, Keri Farley, Sen, Bill Cowsert, Ryan Buchanan, Wade, Scott McAfee Organizations: U.S, Attorney's, Northern, Northern District of Georgia, Department of Justice, American, United States Attorney, FBI, African American, Trump Locations: Fulton County, Georgia, Atlanta , Georgia, U.S, California, Atlanta, Northern District, Chula Vista
Can trash talk be a love language? It is in the world of Luca Guadagnino’s new film “Challengers,” which pits two best-friend tennis players, Patrick (Josh O’Connor) and Art (Mike Faist), against each other in a bid to win the heart of the superstar Tashi Duncan (Zendaya). “I find them all really likable and charming — and terrible also,” Zendaya said with a grin. “I wanted to do it because it’s brilliant,” she said. “It’s not like I sat in my room and had this master board: ‘OK, this is how I’m going to make my big transition for my first lead theatrical role.’”
Persons: Luca Guadagnino’s, Patrick, Josh O’Connor, Mike Faist, Tashi Duncan, ” Zendaya, didn’t, , “ It’s, Organizations: Disney Channel
CNN —What is one of the earliest and enduring subjects in art and media — as well as one of the most censored? And these are all themes explored broadly in the exhibition “Breasts,” a robust survey on display at the 60th Venice Bienniale. “It’s very intimate, so it’s perfect for international artists to develop a dialogue with each other,” she said in a video call. “Artists keep going back to it.”“It’s been a wonderful moment to contemplate my own relationship with the meaning of breasts,” she added of the show. Scroll to see artworks from the show, which will run through November 24 at the Palazzo Franchetti.
Persons: they’re, Cindy Sherman, Robert Mapplethorpe, Salvador Dalí, Anna Weyant, Chloe Wise, Lakin, Carolina Pasti, , , Bernardino del Signoraccio, Sherman, Jesus, Del, Raphael, Flavio Gianassi, we’ve, Teniqua Crawford, “ It’s, Todd White, Europe Allen Jones, Maggiore Allen Jones, Maggiore Laura Panno, Christopher Bucklow, Tetrarch, Claudia, Schiffer, Christopher Bucklow Giorgio de Chirico, Nudo, Turin Louise Bourgeois Organizations: CNN, Venice Bienniale, Artists, Buchanan Studio, Maggiore Locations: Venice, Europe, Italy
Denny Walsh, a Pulitzer Prize-winning investigative reporter who was a consummate nuisance to mobsters, corrupt politicians and his editors, especially at The New York Times, which fired him, died on March 29 at his home in Antelope, Calif., a suburb of Sacramento. His daughter, Colleen Bartow, confirmed the death. She said he had been suffering from several respiratory ailments. Mr. Walsh began his career in 1961 at The St. Louis Globe-Democrat, where he hot-dogged around the newsroom smoking cigars and used the floor as his ashtray. “His laugh was loud and uncontrolled and bordered on the malicious.”
Persons: Denny Walsh, Colleen Bartow, Walsh, Louis, “ Walsh, Pat Buchanan Organizations: The New York Times, Louis Globe, Democrat Locations: Antelope, Calif, Sacramento, The St
CNN —Interim head coach Twila Kilgore said that the US Women’s National Team will only keep improving after winning a fifth straight SheBelieves Cup in a dramatic penalty shootout against Canada. Goalkeeper Alyssa Naeher made three saves and scored a penalty in the shootout after Tuesday’s game in Columbus, Ohio, ended 2-2. We have a growth mindset, we’re getting better, and like I said at Gold Cup, this team is just getting started.”The victory marked the US’ seventh SheBelieves Cup title and fifth in a row after previous wins against Spain, Brazil, Iceland and Japan. The victory will give the team confidence ahead of the Olympics later this year with a fifth gold medal – and first since 2012 – on the line. “I will be there to support her and the team as we move forward and that’s an exciting thing.”
Persons: Twila Kilgore, Alyssa Naeher, Adriana Leon, Sophia Smith, Smith, Trinity Rodman, Crystal Dunn, Leon, Kadeisha Buchanan, Emily Sonnett, Lindsey Horan, Naeher, Evelyne, Emily Fox, Jason Mowry, ” Kilgore, Emma Hayes, “ I’m, we’re, Jay LaPrete, Hayes, , , Kilgore Organizations: CNN, Interim, US, National Team, Canada, Getty, Chelsea, Gold, Spain, Brazil, Japan, South Locations: Columbus , Ohio, Brazil, Iceland, Japan, Canada, South Korea, Mexico, Paris
Revisiting Florida 2000 and the Butterfly Effect
  + stars: | 2024-03-30 | by ( Nate Cohn | ) www.nytimes.com   time to read: +1 min
Joe Lieberman and the butterfly ballotJoe Lieberman, the former Democratic senator, died this week at 82. He was Al Gore’s vice-presidential nominee in 2000, when the Gore-Lieberman ticket came less than 600 Florida votes away from winning the White House. But I don’t think it’s always appreciated that we probably do know that Mr. Gore would have won Florida, and therefore the presidency, if it weren’t for the infamous “butterfly ballot” in Palm Beach County. If you don’t remember — it has been a while — the butterfly ballot was very unusual. Candidates were listed on both sides of the ballot, and voters cast a ballot by punching a corresponding hole in the middle.
Persons: We’re, Donald J, Trump, Joe Lieberman, Al Gore’s, Gore, Lieberman, We’ll, it’s, George W, Bush, Pat Buchanan Organizations: Democratic, White, Reform Party Locations: Florida, Palm Beach County
Viktor Cherniiavskyi said he was targeted because he was an evangelical Christian. AdvertisementA Ukrainian soldier said he was tortured by Russian separatists and forced to undergo an exorcism , partly because of his evangelical Christian faith. While serving as a volunteer in the city of Luhansk in eastern Ukraine, Cherniiavskyi said he was captured by Russian-aligned forces. Second, because I'm an evangelical Christian. "In reality, Russian society, and the Kremlin, to be more precise, hates any type of Christian denomination, bar the Orthodox Church," Cherniiavskyi said.
Persons: Viktor Cherniiavskyi, , Cherniiavskyi, Vladimir Putin's, Putin's, NICHOLAS KAMM, Russia's, Pat Buchanan, Buchanan, Putin, Dmytro Smolienko, Pastor Dmitry Bodyu, Bodyu, Mykhailo Brytsyn, Evangelical Christians Melitopol, Pastor Brytsyn Organizations: Russia, Service, Putin's Russia, Getty, Russian Orthodox Church, Boston, Kremlin, Publishing, Atlantic Council, Reuters, Tavriski Christian Institute, Life, Russian, NBC, Dallas, Fort, Grace, Evangelical Christians, Freedom, Washington DC, Religious, Orthodox Locations: Ukrainian, Russian, Russia, Luhansk, Ukraine, Moscow, South Carolina, Crimea, Zaporizhzhia, Kherson, Melitopol, Fort Worth, Washington, Kyiv
Donald Trump can seem like a political anomaly. You sometimes hear people describe his connection with his base in quasi-mystical terms. But really, Trump is an example of an archetype — the right-wing populist showman — that recurs across time and place. And there’s a long lineage of this type in the United States too. And why does this set of qualities — ethnonationalist politics and an entertaining style — repeatedly appear at all?
Persons: Donald Trump, Trump, , There’s, Boris Johnson, Javier Milei, , Ezra Klein, John Ganz, David Duke, Pat Buchanan Organizations: Apple, Spotify, Amazon Music, Google, , Republican Party Locations: Brazil, Britain, Argentina, United States
The way technology companies scrape and use copyrighted material to train generative AI tools could be in for a significant change. It has also been weighing for months possible changes to US Copyright laws and rules, which make no specific mention of generative AI or related use cases. President Joe Biden's administration has become more outspoken on generative AI. Although generative AI has been around for years, the explosive popularity of OpenAI's ChatGPT tool launched in late 2022 led to a greater public understanding of how generative AI models are developed through mass scraping every bit of data on the web. Warring interests and goals have opened up a growing fight between content creators and tech companies building generative AI.
Persons: Joe Biden's, Ben Buchanan, it's, Andreessen Horowitz, Kali Hays Organizations: Service, US, Meta, The New York Times Locations: khays@insider.com
ETImage “Barbie” is up for eight awards but is only the favorite for best original song. So while the Oscars have traditionally celebrated prestige films, Greta Gerwig’s blockbuster was undeniable, scoring eight Oscar nominations. Billie Eilish’s heart-wringing track “What Was I Made For?” won song of the year at the Grammys, and it is the front-runner in its Oscars category. And in 2003, Martin Scorsese’s “Gangs of New York” scored 10 nominations but no trophies. The best potential parallel to “Barbie” may be Bradley Cooper’s 2018 remake of “A Star Is Born,” which was nominated for eight Oscars and walked away with only best song.
Persons: Barbie ”, “ Barbie, Greta Gerwig’s, Gerwig, Billie Eilish’s, , Ryan Gosling’s, I’m, Ken, It’s, Martin Scorsese’s “, York ”, Barbie, Bradley Cooper’s Organizations: Warner Bros, Mattel, York Locations:
The border collie star of Justine Triet's "Anatomy of a Fall" will not attend the Oscars on Sunday, according to The Hollywood Reporter. And apparently, after an attention-dominating appearance at the annual pre-Oscars nominees' luncheon in February, a few companies with nominees of their own weren't too happy about his presence there. AdvertisementAt the nominees' luncheon, stars from Bradley Cooper, to Ryan Gosling, to Billie Eilish, paid their respects to Messi, The Independent reported. "The ANATOMY OF A FALL dog is this year's Tom Cruise," Buchanan wrote on X. "Everyone at the nominees' luncheon wants to meet him."
Persons: , Messi, Justine Triet's, isn't, Sandra Hüller, Justine Triet, Sandra Voyter, Snoop, Bradley Cooper, Ryan Gosling, Billie Eilish, Kyle Buchanan, Tom Cruise, Buchanan, DA282BQ5uI — Kyle Buchanan, Laura Martin, Palme, we've, Martin, It's Organizations: Service, Hollywood, Business, Hollywood Reporter, Academy, Messi, Independent, The New York Times, Cannes Film Locations: @kylebuchanan, Paris, France, America
“American Fiction” “Anatomy of a Fall” “Barbie” “The Holdovers” “Killers of the Flower Moon” “Maestro” ✓“Oppenheimer” “Past Lives” “Poor Things” “The Zone of Interest”Let’s be real: The best picture race is locked up for “Oppenheimer.” Christopher Nolan gave Oscar voters an IMAX-sized helping of their favorite genre — the great-man-of-history biopic — and after the movie made nearly a billion dollars worldwide, its path to the top Oscar was clear. Still, why not add some stakes to the situation? See whether you can sabotage the people in your Oscar pool by convincing them that a dark-horse candidate can topple Nolan’s mighty contender.
Persons: , ” ✓ “ Oppenheimer ”, “ Oppenheimer, ” Christopher Nolan, Oscar, , Nolan’s
Opinion: Bad omens for Trump
  + stars: | 2024-03-06 | by ( Opinion David Mark | ) edition.cnn.com   time to read: +9 min
CNN —Former President Donald Trump is the closest thing in modern political history to an incumbent who doesn’t hold the office. But these considerable advantages also raise questions about his general election chances given his inability to completely win over Republican primary voters. Despite effectively clinching the Republican nomination with a near-sweep of Super Tuesday states, Trump couldn’t escape the shadow cast by former South Carolina Gov. Haley dropped out Wednesday after consistently winning 30% or so of the GOP primary vote in the states she competed in. Undoubtedly some of the Republican voters who backed Haley in the primaries and caucuses will return to the Trump fold in November, maybe even a majority.
Persons: David Mark, , Donald Trump, doesn’t, Trump, Nikki Haley, Haley, Joe Biden, haven’t, Pat Buchanan, George H.W, Bush, Pat Sullivan, Buchanan, Bill Clinton, Ross Perot, Massachusetts Sen, Ted Kennedy, Jimmy Carter, Kennedy, Carter, Ronald Reagan, Joan, Wally McNamee, Corbis, Reagan, Gerald Ford, Richard Nixon, Ford, Owen Franken, Lyndon Johnson, Johnson, Sen, Eugene McCarthy, Hubert Humphrey, Nixon, Biden, Hillary Clinton, they’re, McCarthy, Dean Phillips, Marianne Williamson, , Israel –, Philips, doesn’t bode Organizations: Washington, CNN, Trump, Republican, South Carolina Gov, GOP, United Nations, Evangelical Pastors, GOP White House, Republican Party, Democratic, Electoral, New Hampshire Democratic, Biden, Rep, Dean Phillips of Minnesota, Twitter, Facebook, Hamas, Israel Locations: Arizona , Georgia, Michigan, Nevada , New Hampshire , Pennsylvania, Wisconsin, Trump, Bedford , New Hampshire, Massachusetts, California, Boston, . Indiana, Minnesota, Vietnam, North Carolina, Virginia, Gaza
The Absurd Problem of New York City Trash
  + stars: | 2024-03-02 | by ( Emily Badger | Larry Buchanan | ) www.nytimes.com   time to read: +30 min
In New York City, trash has no dedicated space all its own. The Absurd Problem of New York City Trash And the Trade-Offs Required to Fix ItConsider the ubiquitous New York trash bag. The prospect has prompted much snickering: New York’s big idea to clean up trash is to … put it in trash bins? New York City Municipal Archives1913: A century in the past, but the same problems as today. New York City Municipal ArchivesBut those cans overflowed to horrifying effect during the 10-day strike:When New York streets resembled landfills.
Persons: , that’s, ” Anthony Crispino, , ” Cole Stallard, Stallard, Gerard Koeppel, Oscar, Neal Boenzi, New York Times Garbage, Larry C, Morris, Meyer Liebowitz, Rudy Giuliani, , , Norman Steisel, Eric Adams, Jessica Tisch, Tisch, Hiroko Masuike, Ms, there’s, It’s, ” Harry Nespoli, workarounds, Martin Melosi, Clare Miflin, Miflin, don’t, Benjamin Miller, Martin Robertson, ” Mr, Robertson Organizations: Sanitation Department, New York City Municipal, New York Times, York’s Sanitation Department, Department, York City Municipal, District of Columbia Department of Public, New York, New York Public, The New York Times, City Hall, Avenue, West 22nd, West, Eighth, 21st, West 21st, Bronx Manhattan Queens, Financial, Center, Zero Locations: New York City, stairwells, York, New York, York City, Amsterdam, Barcelona, Berlin, Washington, Houston, what’s, Chelsea, Erie, Manhattan, , New Yorkers, Staten Island, New, East, Bronx, Bronx Manhattan Queens Brooklyn Staten Island, European, Harlem, New York . New York, Relatedly, Brooklyn
(This year the PGA nominees matched exactly the Oscar best-picture list.) Since 2009, when both groups expanded the number of best-film nominees from five, the PGA winner has repeated at the Oscars all but three times. Only one film has ever taken top prizes from the producers, directors and actors guilds, as “Oppenheimer” has done, and still lost the best-picture Oscar, “Apollo 13” (1995). Nolan’s film is far better situated than that one was with two acting wins possible for stars Cillian Murphy and Robert Downey Jr. So the question now isn’t whether “Oppenheimer” will triumph at the Oscars, it’s how many statuettes it will earn before taking the top prize.
Persons: There’s, “ Oppenheimer, , Christopher Nolan’s, “ We’ve, ” Nolan, Emma Thomas, Charles Roven, “ Oppenheimer ”, Oscar, , Cillian Murphy, Robert Downey Jr Organizations: Producers Guild of America, PGA Locations: Dunkirk
The 30th annual Screen Actors Guild Awards are being handed out tonight live on Netflix. Will Lily Gladstone prevail for “Killers of the Flower Moon” or is Emma Stone of “Poor Things” on a roll after the BAFTAs last weekend? Will “Oppenheimer” take the top prize as it did at the Directors Guild earlier this month? We’re updating the winners as they’re announced, including a win for Da’Vine Joy Randolph, a star of “The Holdovers.”FilmActress in a Supporting RoleDa’Vine Joy Randolph, “The Holdovers”Read an interview with her. Stunt Ensemble in a Movie“Mission: Impossible — Dead Reckoning Part One”TelevisionActor in a Drama SeriesPedro Pascal, “The Last of Us”
Persons: Lily Gladstone, Emma Stone, Will “ Oppenheimer ”, they’re, Da’Vine Joy Randolph, Joy Randolph, , Read, Pedro Pascal Organizations: Netflix, Da’Vine Locations: Los Angeles
So far, almost 3.9 million borrowers have gotten their education debt erased, totaling $138 billion in relief . Under the U.S. Department of Education's income-driven repayment plans, student loan borrowers are entitled to get any of their remaining debt forgiven after 20 or 25 years. The companies earn a fee per borrower per month, which advocates say discourages transparency around loan forgiveness opportunities. "Loan servicers were not tracking the number of qualifying payments, and the automatic forgiveness was not occurring," Kantrowitz said. Scott Buchanan, executive director of the Student Loan Servicing Alliance, a trade group for federal student loan servicers, denied that the companies benefit by veering from the government's orders.
Persons: Joe Biden, Culver City Julian, Mark Kantrowitz, servicers, Nadine Chabrier, Kantrowitz, he'd, Scott Buchanan, Buchanan, Biden, who've, Persis Yu Organizations: Culver City, Culver City Julian Dixon Library, Education Department, U.S . Department of Education, U.S . Department, Center for, Lending, The Education, Finance, IRS, Student Loan, Alliance, Student, Protection Locations: Culver City , California, U.S
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