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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Leadershipteacher protests

Striking Arizona Teachers Win a 20% Raise, But It’s Not a Complete Victory

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Natasha Bach
Natasha Bach
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By
Natasha Bach
Natasha Bach
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May 4, 2018, 4:30 AM ET
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Teachers across Arizona will return to school on Friday, six days after beginning their statewide strike.

The end to the strike follows the signing of new legislation by Gov. Doug Ducey that addresses some, but not all, of their demands. The state House and Senate “pulled an all-nighter” to get the bill to his desk, according to The Hill.

The measure will give teachers a 20% raise by 2020 and provide an additional $371 to education funding over the next five years, restoring in part the funding cut during the recession.

Nevertheless, the legislation did not include provisions for pay increases for other support staff such as librarians and counselors, nor does the increased funding reach the requested $1 billion.

Ralph Quintana, president of the Arizona American Federation of Teachers, told The Wall Street Journal that “even though the economy has recovered, they’re refusing to give us the restoration of our yearly funding. It’s a step in the right direction, but it’s not going to fix the problem.”

At the peak of the strike, more than 1,000 schools were closed, affecting more than 850,000 students.

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