Prosecutions

What borrowers need to know while student loan forgiveness is in limbo

What borrowers need to know while student loan forgiveness is in limbo

Olga Riazantseva | Istock | Getty Images After applying for student loan forgiveness, some borrowers receive what sounds like good news from the US Department of Education. “We have reviewed your application and determined that you are eligible for loan relief under the Plan,” according to a letter sent by Education Secretary Miguel A. Cardona. …

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Elon Musk's salary package at Tesla challenged in court

Elon Musk’s salary package at Tesla challenged in court

WILMINGTON, Del. (AP) — Testimony began Monday in a Delaware courtroom where a Tesla shareholder is challenging a compensation plan for CEO Elon Musk potentially worth more than $55 billion. The lawsuit alleges that the performance-based stock option grant was negotiated by a compensation committee and approved in 2018 by members of Tesla’s board of …

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