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Francesco Ferretti had a problem. His research expedition to track white sharks in the Mediterranean was suddenly adriftthe boat he’d arranged had vanished into the pandemic’s chaos of canceled plans and family emergencies. With scientific equipment packed and a team of seven researchers ready, the marine biologist found himself scanning the horizon for solutions. It was then that Ferretti turned to six-year-old Yachts for Science, a matchmaking service linking wealthy boat owners with cash-strapped researchers. Soon, an owner of a private yacht offered to help. Though weather conditions limited their time on the water and forced a relocation between countries, the expedition pressed on, with the yacht’s crew eagerly assisting with scientific operations. The unusual collaborationluxury yacht meets marine researchproved successful despite the compromise of working on a vessel not specifically designed for scientific work. “Whenever the crew was there, and we were actually doing science, they were available to help,” says Ferretti. “Sometimes you need hands, or you need other people to do stuff for you, to facilitate even the most trivial things, like organizing buckets or helping with sampling. A dive during an expedition last year to Silver Banks, a whale sanctuary in the Dominican Republic, organized by Bering Yachts. [Photo: Max Bello] Ferretti’s experience represents a growing movement in marine research, where luxury meets necessity. There are dozens of research vessels registered in the U.S., far more than any other country, including NOAA’s fleet of 15 research and survey ships, but availiablity can be scarce, and they aren’t cheap. Renting one of those vessels for an oceanographic expedition like this can cost upwards of $50,000 per day, according to Ferretti, a huge sum to raise for many scientists facing budget constraints. Meanwhile, the world’s ultra-wealthy use their multimillion-dollar yachts just a few weeks each year, with vessels sitting idle while still incurring substantial crew and maintenance costs. Organizations like Yachts for Science, the International SeaKeepers Society, and the Pink Flamingo Society aim to bridge this gap, turning underutilized pleasure craft into platforms for discovery, whether by donating full research expeditions or simply collecting ocean data during regular voyages. For scientists, these collaborations provide vital access to remote, understudied regions; for yacht owners, they offer tax benefits, meaningful engagement for crew, and the satisfaction of contributing to ocean conservation without necessarily sacrificing privacy or comfort. Rob McCallum, who helps facilitate these matchmaking arrangements through Yachts for Science, describes his organization as “the Tinder of the seas.” McCallum says they are on track to make about a dozen matches this yearamounting to about $1.4 million in vessel time for researcherswith plans to ramp up to hundreds of collaborations over the next few years, generating about $15 million in vessel time per year. “We’re just approaching some of our funders at the moment asking for $600,000 a year for three years to actually fund taking the brakes off,” says McCallum. “My belief is that it’ll grow almost to an infinite extent, because once you have yachts getting out there and doing science, it will become the thing discussed at cocktail parties.” The yacht owner who answered Ferretti’s call was Frank Peeters, a Belgian businessman whose vessel, Blue Titan, is what he calls “an adventure yacht” built for crossing oceans rather than hosting parties. “The boat is not fit for that many people,” says Peeters of the 27-meter (88-foot) yacht. “Normally we sail with 6 people and the crew, and here we were sometimes 12, 13, 14 people.” Bering Yachts organized a 13-person expedition to Silver Banks aboard the 30-meter Bering 92 Papillon. [Photo: Bering Yachts] The expedition quickly faced challenges. After two days off the Tunisian coast, military officials intercepted the craft, claiming the research team lacked proper permissions. What followed was a bureaucratic struggle that lasted two weeks, with permits granted then mysteriously revoked. At one point, the boat was even briefly confiscated. Despite complications costing Peeters between 10,000 and 20,000 euros (about $11,000 to $22,000) out of pocket, he has no regrets. “Would I do it again? Yes, I would do it again immediately,” he says. “I know they have to work on very small budgets, and we could help there.” The scientists eventually redirected their shark-tracking expedition to Italian waters near Lampedusa, where they continued their research. While the team didnt directly observe white sharks, they detected white shark environmental DNA (eDNA) at multiple sites, confirming the species presence in the area. This helped identify one of the last strongholds of the Mediterranean white shark population and marked a key step in launching a multi-institutional conservation program. Peeters, who describes himself as kind of retired and sails Blue Titan with his wife about 16 weeks a year, now follows the researchers on Instagram, occasionally receiving video updates about their work. He was also acknowledged in the scientific paper that resulted from the expeditiona form of compensation he finds “definitely worthwhile.” A North Atlantic humpback whale breaching during the Bering Yachts expedition. [Photo: Max Bello] For researchers like Ferretti, these collaborations involve compromise. Scientists must adapt their methodologies for yacht environments, working carefully in spaces designed for luxury rather than research. But with U.K. research grant success rates dipping below 10% and U.S. government funding for the sciences increasingly uncertain, these adaptations reflect a persistent reality. Beyond donating entire vessels for expeditions, yacht owners can contribute to science with minimal effort by installing simple data collection technology on their luxury vessels, which often venture into remote, understudied areas where scientific data is scarce. “A lot of these boats are going into data-poor regions where there isn’t a lot of information,” says Roman Chiporukha, who co-runs Roman & Erica, a travel company for ultra-wealthy clients. “They could be mapping ocean floors where it hasn’t been done in the past.” For yacht owners, these donations can also yield financial benefits. “When you’re donating the boat, it acts as a donation from a philanthropic institution,” says Chiporukha. “If I charter my boat for half a million dollars a week, I just wrote off half a million dollars [in taxes].” Yachts are, of course, not typically associated with ocean protection or environmental stewardship: A 2018 study found that the world’s top 20 billionaires emitted around 8,000 metric tons of CO2 annually, compared to the average citizen’s carbon footprint of around 4 tons, or 15 tons in the United States; and that a staggering two-thirds of these emissions were created by their superyachts. And not all ocean inhabitants welcome the presence of luxury vessels: See the Iberian orcas that have taken to ramming yachts off the Spanish coast since 2020. Researchers have used eyewitness reports to study these encountersanother way yacht owners can contribute to marine scienceand have speculated that the behavior may be juvenile whales using boat rudders as target practice for bluefin tuna.) The luxury vessels participating in this scientific matchmaking vary widely. Turkey-based international company Bering Yachts found an opportunity not just in donating yacht time but in experiencing extraordinary research firsthand. “I felt very privileged to be there,” says Bering Yachts founder Alexei Mikhailov, who joined an expedition last year to Silver Banks in the Dominican Republic, a whale sanctuary that permits only about 500 visitors annually. “When you’re surrounded by thousands of whales and mothers with babies, action around you 360 degrees, 24/7, it’s insane.” The research trip utilized a customer’s 30-meter steel-and-aluminum yacht, positioning scientists 80 miles offshore in consistently rough seas. Despite 5- to 7-foot waves that would typically cause severe discomfort, the vessel’s dual stabilization systems created a comfortable platform for the researchers and their sensitive equipment. For Mikhailov, whose early career was dedicated to environmental protection, the expedition reconnected him with scientific pursuit in a profound way that he hopes he can help replicate with Yachts for Science again. “It was very interesting to talk to these people and share stories,” says Mikhailov. “I hope well have another chance to visit a place like this in the future.
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E-Commerce
Walgreens has agreed to pay up to $350 million in a settlement with the U.S. Department of Justice, who accused the pharmacy of illegally filling millions of prescriptions in the last decade for opioids and other controlled substances.The nationwide drugstore chain must pay the government at least $300 million and will owe another $50 million if the company is sold, merged, or transferred before 2032, according to the settlement reached last Friday.The government’s complaint, filed in January in the U.S. District Court for the Northern District of Illinois, alleges that Walgreens knowingly filled millions of illegal prescriptions for controlled substances between August 2012 and March 2023. These include prescriptions for excessive opioids and prescriptions filled significantly early.“We strongly disagree with the government’s legal theory and admit no liability,” Walgreens spokesperson Fraser Engerman said in a statement. “This resolution allows us to close all opioid related litigation with federal, state, and local governments and provides us with favorable terms from a cashflow perspective while we focus on our turnaround strategy.”Amid slumping store visits and shrinking market share, Walgreens announced it was closing 1,200 stores around the country last October. Rite Aid filed for bankruptcy at the end of 2023 as it was also dealing with losses and opioid lawsuit settlements. The U.S. Department of Justice filed a similar lawsuit against CVS in December.The complaint says Walgreens pharmacists filled these prescriptions despite clear red flags that the prescriptions were highly likely to be invalid, and the company pressured its pharmacists to fill them quickly. The government alleges Walgreen’s compliance officials ignored “substantial evidence” that its stores were filling unlawful prescriptions and withheld important information on opioid prescribers from its pharmacists.Walgreens then allegedly sought payment for many of the invalid prescriptions through Medicare and other federal healthcare programs in violation of the False Claims Act, according to the government.The U.S. Justice Department has moved to dismiss its complaint in light of Friday’s settlement.“Pharmacies have a legal responsibility to prescribe controlled substances in a safe and professional manner, not dispense dangerous drugs just for profit,” said Attorney General Pamela Bondi in a statement. “This Department of Justice is committed to ending the opioid crisis and holding bad actors accountable for their failure to protect patients from addiction.”Walgreen has also entered into an agreement with the Drug Enforcement Administration to improve its compliance with rules around dispensing controlled substances, maintain policies and procedures requiring pharmacists to confirm the validity of controlled substance prescriptions, and maintain a system for blocking prescriptions from prescribers that are producing illegitimate prescriptions.With the U.S. Department of Health and Human Services, Walgreen has agreed to establish and maintain a compliance program that includes training, board oversight, and periodic reporting to the agency regarding the pharmacy’s dispensing of controlled substances.“In the midst of the opioid crisis that has plagued our nation, we rely on pharmacies to prevent not facilitate the unlawful distribution of these potentially harmful substances,” said Norbert E. Vint, Deputy Inspector General of the U.S. Office of Personnel Management, in a statement.The settlement resolves four cases brought by former Walgreens employee whistleblowers. In 2022, CVS and Walgreens agreed to pay more than $10 billion in a multi-state settlement of lawsuits brought against them over the toll of the opioid crisis.Over the past eight years, drugmakers, wholesalers and pharmacies have agreed to more than $50 billion worth of settlements with governmentswith most of the money required to be used to fight the opioid crisis. Jaimie Ding, Associated Press
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E-Commerce
The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials said Monday.Currently, roughly 5.3 million borrowers are in default on their federal student loans.The Trump administration’s announcement marks an end to a period of leniency that began during the COVID-19 pandemic. No federal student loans have been referred for collection since March 2020, including those in default. Under President Joe Biden, the Education Department tried multiple times to give broad forgiveness of student loans, only to be stopped by courts.“American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” Education Secretary Linda McMahon said.Beginning May 5, the department will begin involuntary collection through the Treasury Department’s offset program, which withholds government paymentsincluding tax refunds, federal salaries and other benefitsfrom people with past-due debts to the government. After a 30-day notice, the department also will begin garnishing wages for borrowers in default.The decision to send debt to collections drew criticism from advocates, who said borrowers had experienced whiplash and confusion with the changing student loan policies between the Biden and Trump administrations.“This is cruel, unnecessary and will further fan the flames of economic chaos for working families across this country,” said Mike Pierce, executive director of the Student Borrower Protection Center.Already, many borrowers have been bracing for obligations coming due.In 2020, President Donald Trump paused federal student loan payments and interest accrual as a temporary relief measure for student borrowers. The pause in payments was extended multiple times by the Biden administration through 2023, and a final grace period for loan repayments ended in October 2024. That meant tens of millions of Americans had to start making payments again.Borrowers who don’t make payments for nine months go into default, which is reported on their credit scores and can go to collections.Along with the borrowers already in default, around another four million are 91 to 180 days late on their loan payments. Less than 40% of all borrowers are current on their student loans, department officials said.Layoffs at the Federal Student Aid office at the Education Department have made it harder for students to get their questions answered, even if they wanted to pay their loans, said Kristin McGuire, executive director for Young Invincibles, a group that focuses on economic security for younger adults.And questions are swirling about certain income-driven repayment programs after a February court ruling blocked some of the payment plans. Borrowers in the more lenient, Biden-era SAVE Plan were placed in forbearance, in which borrowers receive relief from payments but still accrue interest. The Education Department in February took down applications for income-driven repayment programswhich tie a monthly payment to a person’s income levelonly to bring them back online a month later.“Things are really difficult to understand right now. Things are changing every day,” McGuire said. “We can’t assume that people are in default because they don’t want to pay their loans. People are in default because they can’t pay their loans and because they don’t know how to pay their loans.”For borrowers in default, one step to avoid wage garnishment is to get into loan rehabilitation, said Betsy Mayotte, president of The Institute for Student Loan Advisors.Borrowers must ask their loan servicer to be placed into such a program. Typically, servicers ask for proof of income and expenses to calculate a payment amount. Once a borrower has paid on time for nine months in a row, they are taken out of default, Mayotte said. A loan rehabilitation can only be done once.Biden oversaw the cancellation of student loans for more than 5 million borrowers. Despite the Supreme Court’s rejection of his signature proposal for broad relief, he waived more than $183.6 billion in student loans through expanded forgiveness programs.In her statement Monday, McMahon said Biden had gone too far.“Going forward, the Department of Education, in conjunction with the Department of Treasury, will shepherd the student loan program responsibly and according to the law, which means helping borrowers return to repaymentboth for the sake of their own financial health and our nation’s economic outlook,” she said. Associated Press writer Adriana Morga in New York contributed to this report. The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org. Annie Ma AP, Education Writer
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