Apr 12, 2019

Georgetown students voted to pay reparations for descendants of slaves

Photo: Glowimages/Getty Images

Two-thirds of the undergraduate student body at Georgetown University voted in favor of raising student dues, allocating to funds to reparations for descendants of enslaved people.

Details: Student fees will go up by $27.50 in the fall of 2020, and are expected to raise $400,000 for the descendants of slaves the university sold in the 19th century to help pay off debt, reports the Washington Post. This would be the first time an institution has paid for slave reparations, per the Washington Post.

Go deeper: 2020 Democrats propose new approaches to slavery reparations

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What to watch in tonight's Democratic debate

Bernie Sanders at a campaign rally in Colorado. Photo: Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images

Bernie Sanders is now the clear front-runner for the Democratic presidential nomination, and his opponents are ready to try to knock him down at tonight's debate in Charleston, South Carolina β€” especially Michael Bloomberg, who was the punching bag at the Las Vegas debate.

Why it matters: This is the last debate before Super Tuesday, when Sanders is expected to win California and Texas and could secure an insurmountable lead for the Democratic nomination. That's a direct threat to the entire field, but especially to Bloomberg, who skipped the early states to focus on the March 3 contests.

Bob Iger to step down as CEO of Disney

Photo: Jeff Kravitz/FilmMagic

The Walt Disney Company said Tuesday that it had named longtime Disney executive Bob Chapek as CEO Bob Iger's successor, effectively immediately. Iger will remain executive chairman of the company through 2021.

Why it matters: Iger is credited with having successfully turned around Disney’s animation and studio businesses and with the strategic acquisition of Marvel, Pixar, Lucasfilm and 21st Century Fox. Most recently, he was the person behind Disney's successful launch of its Netflix rival Disney+.

Go deeperArrowUpdated 2 hours ago - Economy & Business