Tag: American Federation of Teachers

AutomotiveBusinessInnovation

Tesla Investors Urged to Block Musk’s $1 Trillion Compensation Proposal

A coalition including the American Federation of Teachers and Public Citizen has launched the “Take Back Tesla” campaign. The initiative urges shareholders to vote against a compensation package that would grant CEO Elon Musk nearly $1 trillion in stock. The campaign argues the package is excessive and doesn’t address concerns about Musk’s divided attention.

Shareholder Campaign Targets Musk Compensation

A coalition of labor unions and corporate watchdog groups has launched the “Take Back Tesla” campaign, urging shareholders to reject what they describe as an “outrageous” compensation package for CEO Elon Musk that could be worth nearly $1 trillion, according to reports. The campaign comes just ahead of Tesla’s quarterly earnings report and ahead of next month’s annual shareholder meeting where the proposal will be voted on.

by Mason Drayton
EducationPolicy

Education Department Reaches Agreement to Resume Student Loan Forgiveness for IDR Borrowers

The Education Department has agreed to resume processing student loan cancellations for borrowers in income-driven repayment plans following legal negotiations. The agreement ensures eligible borrowers won’t face federal tax bills on forgiven debt through 2025.

Loan Forgiveness Resumes for Income-Driven Repayment Participants

The U.S. Education Department has reached an agreement with the American Federation of Teachers to resume processing student loan cancellations for borrowers enrolled in income-driven repayment plans, according to court documents filed Friday. The resolution comes after temporary halts to loan discharges earlier this year that threatened to leave borrowers with significant tax liabilities.

by Mason Drayton