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Congressional Democrats push for $50,000 in federal student loan forgiveness

Congressional Democrats push for $50,000 in federal student loan forgiveness Bankrate 2/4/2021 © Sheila Fitzgerald / Shutterstock Presidential candidate Elizabeth Warren speaking at the Democratic National Convention Congressional Democrats are again calling on President Joe Biden to use his full executive authority and cancel $50,000 worth of federal student loan debt for every borrower. Senate Majority Leader Chuck Schumer and Sen. Elizabeth Warren, joined by Reps. Ayanna Pressley, Alma Adams, Ilhan Omar and Mondaire Jones, endorsed a resolution on Thursday that would involve Biden invoking the Higher Education Act of 1965 to cancel even more student loan debt than the $10,000 he initially proposed on the campaign trail. The process would work through an executive order, rather than by signing a bill to law, and was introduced in the last session of Congress.

What will change for US hospitals after Covid-19? — Quartz

January 28, 2021 Covid-19 has been a paradox for US hospitals. They have been both overstretched in some departments, and rendered idle in others, and although in some cases they have seen increases in patient volume due to coronavirus outbreaks, they have by and large suffered significant financial losses. Typically, the most profitable services hospitals offer are elective procedures, such as hip replacements or knee surgeries. They can be scheduled in advance, aren’t emergencies that require increased staffing or prolonged specialized care, and are often low-risk. These surgeries have a very high profit margin (up to 80%) and, alongside cardiovascular interventions, make up most of the profit for hospitals. On the other hand, infectious diseases and respiratory conditions such as Covid-19 have very little profit margin, particularly when patients require intensive care.

Brown Jordan Inc Names CFO, Chief Commercial Officer

Brown Jordan Inc. Names CFO, Chief Commercial Officer Bernie Guerin will serve as Chief Financial Officer and Kris Yates as Chief Commercial Officer, a newly created position. 01/25/2021 Kris Yates and Bernie Guerin Brown Jordan Inc. a U.S. designer, manufacturer and marketer of luxury home, outdoor and upscale contract furnishings, has named Bernie Guerin as Chief Financial Officer of Brown Jordan Inc. and Kris Yates as Chief Commercial Officer, a newly created position. In assuming this role, Guerin is charged with overseeing the company’s finances and directing a path toward increased revenue and long-term profitability. Additionally, he manages a top-notch team that aligns two segments – Outdoor Living and Contract Furnishings – as well as the six  individual brands comprised in the Brown Jordan Inc. portfolio Brown Jordan, Tropitone, Castelle, Charter, Texacraft and Winston. 

Money might buy happiness, after all, study suggests

Money might buy happiness, after all, study suggests By (0) Despite the cliche that money doesn t make people happy, a new study suggests that money can be used to make people happy and just having it can ease stress. File Photo by John Angelillo/UPI | License Photo Millionaires, rejoice! It turns out that money can, in fact, buy happiness. And a new study suggests more is better, with well-being rising as earnings grow. Having more money gives people a greater sense of control over life, said study author Matthew Killingsworth. Advertisement The finding stems from more than 1.7 million real-time reports of well-being from more than 33,000 U.S. adults. They were prompted by their cellphones to answer the question How do you feel right now? at random times during their waking hours.

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