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NEW YORK (AP) — The Duke and Duchess of Sussex have a new home: Netflix. Six months after detangling their work lives from the British royal family, Prince Harry and his wife, Meghan, have signed a multiyear deal with the streaming service. According to a statement Wednesday, they plan to produce nature series, documentaries, and children's programming through a new production company. The two recently relocated to Santa Barbara, California, with baby Archie. They left the UK in search of financial independence. At Netflix, they plan to focus on stories and issues that elevate diverse voices and other issues close to their hearts. Several projects are already in development. 691
NEW YORK — The Uncle Ben’s rice brand is changing its name to Ben's Original. Parent company Mars Inc. is the latest company to drop a logo criticized as a racial stereotype. Mars said the Ben's Original packaging will hit stores in 2021. Since the 1940s, the rice boxes have featured a white-haired Black man, sometimes with a bowtie. According to Uncle Ben's website, the name "Uncle Ben" refers to a "legendary Texan farmer, Uncle Ben who was known for his exceptionally high-quality rice." Frank Brown, a maitre d' at a Chicago restaurant, posed for "Uncle Ben's" portrait, which has since served as the brand's logo.Critics have said the image evoke servitude. Global President for Mars Food Fiona Dawson says the company is still deciding on an image to accompany the new name. Pressure on brands to retire racial imagery have intensified amid the Black Lives Matter protests over police killings of unarmed African Americans. Aunt Jemima syrup and pancake mix was the first company to announce a planned name change amid widespread civil unrest. Other brands like Cream of Wheat and Eskimo Pie have said they will retire racial logos. 1149
New plans for student loan debt forgiveness are being proposed as President-elect Joe Biden prepares to take office in just a few weeks. Many of those with student loans, as well as many economists, are hopeful some form of student loan debt forgiveness will pass.“I think it is one of the most accessible ways President-elect Joe Biden has to stimulate the economy,” said Suzanne Kahn, director of education, jobs, and worker power at the Roosevelt Institute in New York.In an interview covering the possible benefits of student loan debt forgiveness, Kahn explained the two ways in which the Biden can get the debt forgiven. One, he can push for Congress to include this debt relief in the next stimulus package, or two, he can take executive action. Either option could eliminate student loan debt for roughly 15 million borrowers and reduce the debt of another 30 million Americans.The president-elect is currently focused on pushing for ,000 to be forgiven in the next stimulus bill and has not said if he would actually consider executive action. However, he has also not refuted that option either.The latter option is certainly the more controversial way to get this debt forgiven, although many Democrats argue it is still legal and fully within a president’s power to do so. Many high-ranking Democrats in Congress explain Biden would have the authority to do this through the Higher Education Act.Experts like Kahn believe it is more likely that Congress will not agree on any amount of student loan debt forgiveness and Biden will take executive action.“I think that it is through executive action, or at least the first movement we see around it will be executive action,” said Kahn. “That really is because the federal government owes 95 percent of student debt, and the Secretary of Education has the ability to cancel it.”“My stance is that it is not inevitable,” said Neal McClusky, director of the Center for Educational Freedom at the Cato Institute.McClusky believes a third option is that no form of student loan debt forgiveness is passed, while he concedes there is a chance that Biden could issue an executive order forgiving student loan forgiveness. However, he also points out that option could be challenged in the courts with some questioning his authority through the Higher Education Act.“There seems to be straws that he can grab and say, ‘Look, this gives me the authority to just write off this debt.’ Other people say it is not clear in the law that he can do that,” said McClusky. “So, what would be the most likely outcome is that he would try. If he were to try and cancel student loan debt through executive action, it would end up in court and would be a pretty long court battle.”So, at the end of the day, where do we really stand with student loan debt forgiveness? The consensus is that it is more likely than ever before that some form of student loan debt will be forgiven, but we’re still nowhere close to a guarantee that will actually happen anytime soon.“I don’t think it is inevitable, but I do think it is important that it is on the table,” said Kahn. 3115
NEW YORK (AP) — Netflix added a flood of new subscribers amid the coronavirus pandemic and also offered clues to a possible successor for founding CEO Reed Hastings, who on Thursday named the company’s chief content officer, Ted Sarandos, as co-CEO. The company picked up 10.1 million worldwide subscribers during the April-June period, more than triple what it usually adds in that period. The increase announced Thursday with Netflix’s second-quarter earnings eclipsed the gain of 8.3 million subscribers projected among analysts polled by FactSet. Netflix ended June with 193 million worldwide subscribers, including 70 million in the U.S. and Canada, its largest geographic market.Nearly 26 million of those subscribers have joined Netflix during the first six months of this year — more than double the number compared with last year — as the pandemic curtailed travel and even nights out on the town. The restrictions have turned out to be a boon for Netflix, which also faces a slew of new streaming competitors such as Disney Plus and HBO Max.Netflix Inc., however, said its subscriber growth has begun to slow following the “initial shock of Covid and social restrictions” after it added just 2 million fewer customers in the past six months as it did for all of 2019. It forecasts just 2.5 million new additions for the current quarter.The pandemic has shut down Hollywood, limiting the ability of TV and movie studios to produce more entertainment to feed Netflix and other video streaming services. That could limit their appeal if viewers run out of new things to watch. Netflix said Thursday that it is slowly resuming production, mostly in Asia and Europe, and its 2020 lineup remains intact. Shooting delays mean big shows and movies slated for next year will come out more in the second half of 2021. 1825
NEWPORT BEACH (CNS) - President Donald Trump is scheduled to come to Orange County Sunday for a private fundraiser at tech mogul Palmer Luckey's estate, it was reported Friday.The news came Thursday, just as latest fundraising numbers showed the president falling behind former Vice President Joe Biden in campaign cash, The Orange County Register reported.Biden reportedly raised a record-breaking 3 million in September to Trump's 7.8 million. And Biden reported 2 million in cash heading into October vs. Trump's 1 million.Invitations for Sunday's fundraiser at Luckey's Newport Beach home show tickets ranging from ,800 for an individual admission to 0,000 for a couple to attend and take a photo with the president, according to the Register. Ric Grenell, Trump's former acting Director of National Intelligence, is also slated to be a special guest at the event.The event was originally slated to take place Oct. 6, but was postponed after Trump contracted the coronavirus. The president says he no longer feels ill and his doctors have cleared him for public appearances. But some experts have expressed concern about him holding in-person events less than two weeks after he was released from the hospital, and they continue to discourage any large public gatherings.Luckey has donated 5,600 to Trump's campaign this cycle, according to Federal Election Commission records. And he's donated more than .7 million total this cycle, with much of the rest of those funds going to GOP committees and Republicans running for seats, such as Michelle Steel and Young Kim, who are both trying to unseat Democratic members of Congress.Luckey is a Long Beach native who was 19 when he co-founded the Oculus Rift virtual-reality system in Irvine. His company sold for an estimated billion to Facebook in 2014. 1838