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Northwestern Mutual intern team wins Hoan Bridge lighting challenge

Northwestern Mutual won the second annual Milwaukee Intern Challenge after beating 11 other teams from local companies in a light show competition for the Hoan Bridge......»»

Category: topSource: bizjournalsAug 5th, 2022

3 Ways to Incentivize Your Team for Greater Sales Success

As a sales-driven team leader or broker/owner, you are always looking for great ways to incentivize your agents to help them reach and exceed their monthly listing and sales goals as well as achieve their lofty income goals for the month and the year. Major organizations use all kinds of sales incentives to help sales… The post 3 Ways to Incentivize Your Team for Greater Sales Success appeared first on RISMedia. As a sales-driven team leader or broker/owner, you are always looking for great ways to incentivize your agents to help them reach and exceed their monthly listing and sales goals as well as achieve their lofty income goals for the month and the year. Major organizations use all kinds of sales incentives to help sales associates get excited and drive them to peak performance and goal achievement. Most real estate companies and teams, however, don’t often employ incentives, but they can create amazing results for your agents and your team’s overall success. Implement these wildly successful sales incentives to help your team achieve their goals. Every salesperson who is competitive by nature will love the challenge and most importantly, love the results they achieve. Hold listing contests. Create a monthly or 6-8 week listing contest to get your agents totally focused on setting listing appointments and increasing listing inventory. Help direct their efforts by having in-office coaching and training sessions on how to generate listing appointments and how to properly price and close them. Prizes can range from cash to a tech tool or marketing resource that will help them increase their business. The contest can be based on how each agent increased listings month over month or year over year. Get everyone excited about the initiative and watch your team’s listing inventory soar—and so will your sales in the next few months. Have a team contest for listings and sales. Initiating a goal for the whole team to achieve is a great incentive. First, make sure you are sharing the team goals for listings and sales every week during your sales meetings and daily huddles. Make the prize a spa day or night out for the team, and build an amazing culture of teamwork, mutual respect and loyalty to the team and to you. This will drive more activity within the team because everyone wins in the end with more listings, sales and income. Create a team Incentive Trip. Offering a sales incentive trip to your agents is an absolute home run. Nothing will excite and motivate them more than a fantastic incentive trip to a place they probably wouldn’t have gone otherwise. The key is to create qualifications so that agents increase their income enough to cover the cost, while also increasing market share and revenue. Create tiered qualifications with the first level covering an all-inclusive resort, the next including airfare, and the next including a plus-one guest. Everyone takes the trip together, so the added benefit is increased team bonding and reinforcement of culture. This is an incredible investment in establishing personal relationships with your team members outside of the office and fostering lifelong relationships. Everyone will strive to qualify for the trip every year, and you will love the camaraderie and increase in production these incentive trips create. I have seen this first-hand with agents I’ve personally coached to meet the qualifications throughout the year. We made it part of their business plan to achieve the trip every single year. You can create dramatic increases in listings, sales, market share and top-line revenue by instituting and implementing contests and trips into your business as a proven strategy that will drive more business. Let me know if you would like information on how to create custom incentive programs for your team that help agents succeed at the highest level. You can book a private, complementary strategy call at www.sherrijohnson.com/strategy. Download Johnson’s Exclusive GoldMine Pipeline Strategy to get your agents closing more leads into listings, sales and ultimately income. This system can double their production, fast. Go to www.goldminepipeline.com for Johnson’s Free EBook and the Worksheet. These are just a few of Johnson’s proven and exclusive leadership and development strategies that produce amazing results quickly. For more information about Sherri’s exclusive turnkey team solutions to scale your team, contact Sherri Johnson at www.sherrijohnson.com/onetoone for coaching plans. Sherri Johnson is CEO and founder of Sherri Johnson Coaching & Consulting. With 25 years of experience in real estate as a top agent, broker, and executive responsible for over 750 agents and over $1.7 billion in annual sales volume. Sherri offers her exclusive and proven methods through custom, one to one coaching and tailored consulting services. Sherri is a highly sought-after keynote speaker delivering high energy and real solutions audiences love.  Sherri has been named a RISMedia Real Estate Newsmaker in 2020 and 2021 as an Industry Influencer and Thought Leader. She is the author of the Sherri Johnson Academy, an on-demand learning platform as well as the 90-Boot Camp. Sherri is a preferred coach, consultant and speaker for top 10 international brands and brokerages and can dramatically increase your company’s revenue and profits. Visit www.sherrijohnson.com for more information. The post 3 Ways to Incentivize Your Team for Greater Sales Success appeared first on RISMedia......»»

Category: realestateSource: rismediaAug 2nd, 2022

How to Make the Most of Today"s Market

The bulls and bears have very different ideas on what these two weeks of epic gains mean for the market. Sheraz Mian goes over both arguments, and then picks the course most likely to benefit investors moving forward. Stocks have been on a steady uptrend over the last two weeks, with the trend getting a boost in the aftermath of Wednesday’s Fed rate hike.Driving this rapid shift in sentiment is optimism about Fed policy and a corporate earnings picture that is far better than many in the market were fearing.The Fed’s accelerated tightening moves have raised hopes that the bulk of the rate hikes may now be behind us. Improved visibility on this front has prompted many in the market to buy quality stocks at discounts. This narrative is sanguine about the Fed, sees inflation as having peaked already and sees nothing egregious with valuations given improved visibility for interest rates and a stable earnings outlook.Market bears see this emerging optimism in the market as without a solid basis and view the positive stock market gains of the last two weeks as nothing more than a bear-market rally in a long-term downtrend. This line of thinking sees inflation as far more ‘sticky’ that will require the Fed to continue tightening, at least through the end of the year. Valuation worries also figure prominently in the bearish view of the market.The interplay of these competing views will determine how the market performs in the coming months and quarters. To that end, let’s examine the landscape of bullish and bearish arguments to help you make up your own mind.Let's talk about the Bull case first.Inflation & the Fed: The outlook for inflation and what that means for Fed policy is the biggest point of difference between market bulls and bears at this point in time. The bulls see peak inflation readings to be in the rearview mirror at this stage, with the growth pace steadily decelerating in the coming months. Declines in commodity prices and signs of cooling demand as a result of moderating economic activities provide confirmation of this favorable inflation view.It is hard to argue with the bulls’ view that the heightened post-lockdown demand in a number of product and service categories was bound to eventually normalize, with its attendant beneficial effect on prices. Related to the above argument are expected favorable developments on the supply side of the equation as the worst of the supply-chain snarls ease. Partly delaying this expected normalization are Covid-related developments in China and disruptions caused by the war on Ukraine.The Fed Chairman hinted after the rate-hike announcement on Wednesday that rates were now close to the neutral level, even though he stated that further hikes will likely be needed. The markets justifiably interpreted this as indicating that the bulk of the tightening was now behind us, particularly if the two inflation readings ahead of the September FOMC meeting confirm the expected turn.Continued . . .------------------------------------------------------------------------------------------------------5 Stocks Set to Double: Sunday DeadlineThere's still time to get in on our just-released 5 Stocks Set to Double Special Report. Each pick is the single favorite of a Zacks expert with the best chance to gain +100% and more in the months ahead:Stock #1: A World-Changing InvestmentStock #2: Strong Zacks Rank With a Recurring Revenue StreamStock #3: Top Dog on a Buying SpreeStock #4: A Technology TitanStock #5: Strong Earnings Growth Paying a Healthy DividendPrevious editions have racked up gains of +143.0%, +175.9%, +498.3%, and even +673.0%.¹ Deadline to download the new report is midnight Sunday, July 31.See Stocks Now >>------------------------------------------------------------------------------------------------------The Economy’s Strong Foundation: The U.S. economy’s growth pace has shifted gear in response to the combined effects of aggressive Fed tightening, persistent logistical bottlenecks and the run off in the government’s Covid spending. This is beneficial to the central bank’s inflation fight, particularly the demand-driven part of pricing pressures.At a superficial level, the back-to-back negative GDP prints in the first two quarters of this year can be seen as meeting the basic requirement of a recession. But that will be overly simplistic given the rock-solid labor market characterized by strong hiring in the last six months and a record low unemployment rate. It is hard to envision a recession without joblessness.The purchasing power of lower-income households has likely been eroded by inflationary pressures, as confirmed by a number of companies during their Q2 earnings calls. But household balance sheets in the aggregate are in excellent shape. According to Moody Analytics as quoted in the Wall Street Journal, U.S. households were sitting on $2.5 trillion in excess savings in May 2022. This combination of labor market strength and plenty of savings cushion should help keep consumer spending in positive territory in the back half of the year and beyond.Growth is expected to resume from Q3 onwards, as the effects of inventory drawdowns that drove the negative Q2 GDP print start easing. While estimates have been coming down, the Zacks economic team is projecting 2022 GDP growth at +2%.These strong pillars of the U.S. economic foundation run contrary to what are typically signs of trouble ahead on the horizon.Valuation & Earnings: Tied to the economic and interest rate outlook is the question of stock market valuations that have become very alluring after this year’s pullback.The S&P 500 index is currently trading at 17.3X forward 12-month earnings estimates, up from 16.2X at the end of June, but down -27.8% from the peak multiple of 24X some time back. It is hard to consider a 17-handle valuation as excessive or stretched, particularly given emerging signs of optimism on the Fed front.Granted there are parts of the market that need to get rerated as the full effects of the Fed’s tightening cycle take hold, resulting in cooling consumer and business demand and moderating economic growth. But not all sectors are exposed to the ongoing Fed-driven negativity in outlook to the same degree, with sensitivity to interest rates and the macroeconomy much bigger drivers for some sectors than others.We are starting to see this bifurcation in earnings outlook in the ongoing Q2 earnings season already, with operators in the at-risk sectors unable to have adequate visibility in their business. But there are many other companies that continue to drive sales and earnings growth in this environment.We have seen many of these leaders from a variety of sectors and industries, including Technology, come out with blockbuster quarterly results in recent days.Contrary to fears ahead of the start of the Q2 earnings results, actual results are turning out to be fairly stable and resilient. While it is reasonable to expect some downward adjustment to estimates for macroeconomic reasons, the overall earnings outlook remains a tailwind for the stock market in an environment of diminishing Fed uncertainty.Let's see what the Bears have to say in response. Endemic Inflation & Fed Tightening: The sub-par ‘headline’ growth rate was not the only notable piece of detail in Thursday’s Q2 GDP report, the second quarter in a row of declining growth, as it also showed a red hot PCE price index reading of 7.1% that was unchanged from the preceding quarter’s multi-decade high level.The Fed risked damaging its hard-won inflation-fighting credentials had it stuck to its ‘price-pressures-are-transitory’ narrative in the face of persistent inflationary readings month after month. Many in the market believe that the central bank took too long to accept this reality, which will necessitate even tighter and more stringent measures than would have otherwise been the case.This line of thinking sees the economy’s ongoing inflation bout as resulting from the Fed’s super easy monetary policy and excessive fiscal stimulation over the last two years.With no FOMC meeting in August, market bulls are praying for two sets of favorable inflation and employment readings by the time of the September meeting, allowing the Fed to pivot from the current stance.The recent pullback in commodity prices, the basis for the bulls’ peak-inflation view, is most likely not enough to have a meaningful impact on price pressures. Given ongoing trends in wages and rents, to name just two areas, inflation is likely a lot stickier than most people assume.Importantly, the Fed’s inflation-fighting credentials essentially guarantee that they will continue to tighten policy in September and beyond even if headline inflation readings start trending down.The Valuation Reality Check: A big driver of the stock market’s bull run had been thanks to the Fed’s ability to flood the market with liquidity. The central bank achieved that by keeping interest rates at zero and buying a boat-load of U.S. treasury and mortgage-backed bonds that expanded its balance sheet to almost $9 trillion a few months back, more than double its size at the start of 2020.Fed tightening and the associated higher interest rates have a direct impact on the prices of all asset classes, stocks included. Everything else constant, investors will be required to use a higher discount rate, a function of interest rates, to value the future cash flows from the companies they want to invest in.This means lower values for stocks in a rising interest rate environment.The Growth Question: Since Fed rate hikes work with a lag, the central bank’s aggressive tightening moves since March 2022 likely weren’t a big reason for Thursday’s negative GDP print for Q2, the second quarter in a row of GDP decline.Current projections of GDP growth for this year and next assume that the Fed is successful in executing a ‘soft landing’ for the U.S. economy as it continues the current policy stance.There is no basis for us to doubt this confidence in the central bank’s abilities, but we shouldn’t lose sight of history that tells us that economic growth typically falls victim to the Fed’s inflation-fighting efforts.A handy metric to keep an eye on for growth outlook is the spread between the 2-year and 10-year treasury bond yields. Inversion in this metric, as has been the case lately, will suggest the need for reigning in growth expectations.Where Do I Stand? I am very skeptical of the bearish narrative’s Fed tightening outlook and see this scenario as nothing more than a worst-case or low-probability event.My base case all along saw the Fed moving from the then ‘stimulative’ policy stance to one that was essentially ‘neutral’. In a ‘neutral’ policy setting, the Fed is neither ‘stimulating’ nor ‘restricting’ economic activities.They are essentially in the vicinity of the ‘neutral’ policy stage after Wednesday’s 75 basis point increase, as the Fed chief himself indicated in the after-meeting presser. With the next meeting not until September, they will have two months of data in hand as they contemplate the question the next time around.It is reasonable to expect the Fed to start shifting course beyond September in the face of favorable data on the inflation front. This appears to be the most plausible scenario given the risks to growth as a result of premature tightening, a threat to the Fed’s second ‘full employment’ mandate.The recent pullback in benchmark treasury yield and positive momentum in the stock market reflects this interpretation. The resulting stability in financial conditions and interest rates should keep the economy’s growth trajectory in place, admittedly at a moderate pace.Regular readers of my earnings commentary know that the earnings picture continues to be stable and resilient. The growth pace is undoubtedly expected to decelerate going forward, but the overall earnings picture will remain favorable.Markets are forward-looking pricing mechanisms and the recent weakness is highlighting this interest rate and growth uncertainty on the horizon. We don’t envision this uncertainty dissipating next week, but we do see investors eventually coming around to our view of inflation, the Fed and great times ahead after a short period of volatility.How to Take Advantage We take advantage of this period of turmoil by slowly building positions in great stocks that are currently available at significant discounts to their true values.That's why I'm inviting you to download our just-released Special Report, 5 Stocks Set to Double. Each stock was handpicked by a Zacks expert as their personal favorite to have the best chance of gaining +100% and more in the months ahead:Previous editions of this report have racked up some huge gains. Examples include Boston Beer Co. +143.0%, NVIDIA +175.9%, Weight Watchers +498.3% and Tesla +673.0%.¹The earlier you get into these new stocks the higher their profit potential:Stock #1: A World-Changing InvestmentAs a leading genome-editing company, it has recently found a bottom much like the Biotech sector. However, they have several world-changing projects in the pipeline, one of which led several bullish analysts to call for buying more shares.Stock #2: Strong Zacks Rank With a Recurring Revenue StreamTrusted by a community of 260+ million customers it’s not difficult to see why this global software as a service stock is set to double. It has delivered a trailing four-quarter average earnings surprise of 64.38% and is buoyed by a leading industry group.Stock #3: Top Dog on a Buying SpreeWith two blockbuster deals complete, this company’s expanding product portfolio allows it to package a slew of offerings to its growing list of clients in the enterprise and business software world. It should be no surprise that Wall Street is very high on the stock, with 13 of the 14 brokerage recommendations sitting at “Strong Buys.”Stock #4: A Technology TitanLoaded with cutting-edge technology and robust growth rates, this industry leader looks poised to reward investors handsomely. Full-year sales for FY23 are forecasted to come in at $34 billion – a massive 26% jump year-over-year.Stock #5: Strong Earnings Growth Paying a Healthy DividendThe underlying commodities driving this energy giant’s business are skyrocketing. With huge earnings growth coming down the pipe, incredibly strong cash flow, and a transition plan to greener energy, the dividend paying stock gives investors plenty of reasons to snap up shares.To put the odds of success even more in your favor, you’ll also gain access to our unique arrangement called Zacks Investor Collection.It gives you the picks and commentary from all our long-term portfolios in real time for the next 30 days. Plus, it includes Zacks Premium research so you can find winning stocks, ETFs and mutual funds on your own.This year alone, they have already closed 24 double and triple-digit wins. Recent gains have reached as high as +150.9%, +348.7%, and even +995.2%.¹Keep in mind, the opportunity to download our 5 Stocks Set to Double Special Report ends on Sunday, July 31.Look into 5 Stocks Set to Double and Zacks Investor Collection now >>Thanks and good trading,SherazSheraz Mian serves as the Director of Research and manages the entire research department. He also manages the Zacks Focus List and Zacks Top 10 Stocks portfolios. He invites you to access Zacks Investor Collection.¹ The results listed above are not (or may not be) representative of the performance of all selections made by Zacks Investment Research's newsletter editors and may represent the partial close of a position.  Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksAug 1st, 2022

Letter Of Retirement Sample Ideas

Are you ready to say goodbye to working full-time? You’re not alone. Since COVID-19 began, the retirement rate of Baby Boomers has accelerated ‌significantly. ‌Specifcally, ‌nearly 29 million boomers retired in 2020. ‌In comparison with 2019, this is an increase of more than 3 million. And, what’s more it’s expected that 75 million Baby Boomers […] Are you ready to say goodbye to working full-time? You’re not alone. Since COVID-19 began, the retirement rate of Baby Boomers has accelerated ‌significantly. ‌Specifcally, ‌nearly 29 million boomers retired in 2020. ‌In comparison with 2019, this is an increase of more than 3 million. And, what’s more it’s expected that 75 million Baby Boomers will be retiring by 2030. In order to enjoy retirement, your first step is to‌ ‌resign‌ ‌from‌ ‌your‌ ‌job. ‌The goal is to leave a strong legacy in a professional manner. ‌As a result, your retirement will be off to a great start. And, that all begins with a letter of retirement. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Henry Singleton Series in PDF Get the entire 4-part series on Henry Singleton in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2022 hedge fund letters, conferences and more   What Is A Retirement Letter Retirement letters are formal letters announcing your resignation from your employer. ‌Resignation letters are different from other types of resignation letters in that they don’t tell your employer that you will be moving on to another company. ‌Instead,‌ ‌you’re letting them know that you’re exiting the workforce. You can usually end your relationship on good terms since you’re not leaving over grievances or because another company offered you a better position or higher pay. ‌There is even the potential for future consulting opportunities. It’s important to gracefully thank your employer for their support, explain any details they should be aware of, and provide them with information to help them‌ ‌transition. Resignation letters are more than just formalities, however. ‌Changes in your pay, insurance, and retirement benefits are handled through this process. Retirement letters are generally used along with verbal notices to supervisors. ‌Before you submit your retirement letter, you may wish to schedule a meeting to discuss your retirement plans. The letter will be stored with other important information in your employee file, such as your start date, compensation, and benefits. Typically, retirement is a well-thought-out process. As such, it’s preferable for the employer to receive six to twelve months’ notice. Tips for Giving Notice of Retirement It’s important to remember that while starting a new phase in your life, you’re also leaving behind a job you were very qualified for. Because of that, you have years of experience to offer. ‌So, ultimately, it may not be that easy to fill an empty position if you resign due to retirement. Before you send a letter, talk with your supervisor in person about your plans. ‌Providing them with ample notice is always a good idea. Additionally, properly announcing your retirement helps you and your company navigate‌ ‌this‌ ‌important‌ ‌transition. When announcing your retirement, follow these steps: Learn about the company’s retirement policies and benefits. Researching your company’s retirement policy is the first step in determining whether you qualify for retirement benefits. Don’t leave without giving enough notice. If you plan to retire in a few months, you should give the company plenty of time to find someone to replace‌ ‌you. Provide assistance‌ ‌during‌ ‌the‌ ‌transition. If your replacement needs training, you can be a valuable resource. Address the right people. Your supervisor should receive the primary copy. ‌Provide a copy to HR since they will handle your health care coverage, pension, and 401(k). Explore the possibility of working part-time or as a consultant. You can continue to work with the company on a limited basis if you want Embrace graciousness. Describe your appreciation and accomplishments. ‌‌‌In addition, thank them for giving you the opportunity to‌ ‌work‌ ‌with‌ ‌talented colleagues. Plan what you will do next. Maintaining a positive relationship with your employer is as simple as keeping them up to date on your plans. Put your plans in writing with a formal letter or email. The first step is to talk face-to-face with your supervisor and HR department, but a written notice is also required. Elements of a Good Retirement Letter Writing a ‌successful retirement letter requires you to remember a few things, such; A professional greeting. ‌The tone here should be deliberate, concise, and professional. Be clear about‌ ‌your‌ ‌intentions. Resignation is the main theme of your letter of retirement. ‌This letter should reflect your decision to leave at this point. ‌Remember, directness is the key to your intent. Your end date. Resignation letters must include this detail. ‌A minimum amount of notice may be required by law and by company policy. A gracious tone. There should be no grudges, passive-aggressive shots, or other unpleasantness in your ‌retirement letter. ‌Your letter should be a demonstration of professionalism and grace — regardless of how you feel about your job or your boss. ‌Saying a simple thank you is a great way to do that. Your end game. The moment you hand in your resignation letter, chaos can ensue. ‌There will be a need to fill your position. ‌It will also be necessary for you to cover your duties until a replacement can be found. ‌Your resignation letter should include your availability during the‌ ‌transitional‌ ‌period. Provide your contact information. You will likely be contacted by your employer at some point, even if you aren’t consulting. ‌You might receive tax forms and benefits information from them. ‌You can facilitate this process by including your contact information. Retirement Letter Template Your name Title you held Your mailing address Name of your immediate supervisor Position of your immediate supervisor Company name Company address Date Dear [SUPERVISOR]: Paragraph #1 Inform them that you are‌ ‌retiring. ‌Your last day of employment should be included. Paragraph #2 You should thank‌ ‌your‌ ‌employer. ‌If there is anything you are especially grateful for, mention it. ‌Your achievements and successes should be described as well. Paragraph #3 You can help moving forward by offering your assistance. ‌Describe your retirement plans. ‌If you are interested in consulting work, mention‌ ‌it. Sincerely, [YOUR SIGNATURE} First and last‌ ‌name Phone‌ ‌number Personal email address Letter of Retirement Sample Ideas First Retirement Letter Sample Martin D. Carey 123 Fleming St. Bloomfield, New Jersey 07003 555-1234 (555) 555-1234 6 June 2022 Willie E. Coyote President Acme Co 321 Anvil Avenue Fairfield, New Jersey 07004 Dear Mr. Coyote, This letter serves as formal notification of my retirement from Acme Co., beginning August 31, 2022. There has been no other organization that has given me that sense of belonging and purpose. My fifteen years at the helm of the Structural Design Division have given me‌ ‌a‌ ‌strong sense‌ ‌of‌ ‌purpose. I’ve been fortunate to have your support, and I’ll be always grateful for the opportunity you offered me. I had a difficult time making this decision. ‌As a result of finding a small property in Arizona where we will be able to spend our remaining days together, my wife and I have decided to officially retire. In spite of my regret at being unable to contribute to the firm we’ve built, I believe it is wise to move on. My heart will always belong to Acme Co. ‌Thank you for the opportunity and best of luck in the years to come. Sincerely, Martin D. Carey Second Retirement Letter Sample Gustavo Fring Los Pollas Hermanos 12000 – 12100 Coors Rd SW, Albuquerque, New Mexico 87045 Dear Mr. Fring, I write this letter to announce my formal retirement from Los Pollas Hermanos as manager, effective October 15. As an employee at Los Pollas Hermanos, I appreciate all the great opportunities you have given me. ‌It has been a pleasure to work with and learn from my colleagues for the past 10 years, and I am looking forward to my next challenge. If there is anything I can do to assist during this time, please let me know. Sincerely, Linda T. Crespo Third Retirement Letter Sample William M. Arviso 4387 Parkview Drive Tustin, CA 92680 May 2, 2023 Tony Stark Owner Stark Industries 200 Industrial Avenue Long Beach, CA 90803 Dear Tony: I’m writing to inform you that my final day of work at Stark Industries will be May14, 2023. ‌When that time comes, I intend‌ ‌to‌ ‌retire. As I embark on this new chapter in my life, I would like to thank you and the entire Stark Industries team for providing me with so many opportunities. ‌You have all been a pleasure to work with and I will miss you all when I retire. I am glad to assist you with the transition in any way I can to ensure your new hire has a seamless experience. ‌All ongoing projects will be completed until my retirement date, and all key information will be handed over‌ ‌to‌ ‌the‌ ‌team. Once again, thank you for the opportunity to be part of the Stark Industries team. ‌All the best to you and the team in the days to come. Please do not hesitate to contact me if you require any additional information. ‌In order to finalize my retirement plans, I’ll meet with HR and can provide any details that may be necessary. Sincerely, (Signature) William M. Arviso Fourth Retirement Letter Sample Garcia, Barbara First Street, 5432 New York City, NY 10001 (1234) (555) 123-1234 1 October 2022 Gunther Owner Central Perk 199 Lafayette St. New York City, NY 10001 Mr. Gunther, The day has finally arrived. ‌As I never imagined, I will be formally retiring from Central Perk on November 1st, 2022. Considering how satisfied I am with my current position, this may surprise you. ‌It would be best if I retired now since my health has deteriorated, so I think this is a good time to do so. There is no doubt that the past‌ ‌two‌ ‌decades‌ ‌have‌ ‌been‌ ‌wonderful. ‌Over the years, I have seen a small coffee shop grow into one of the city’s top‌ ‌destinations. It will be hard for me to leave this firm without wondering what more success we could have achieved. But I’m confident that you and the rest of the Central Perk team will achieve great things. My family and I will never forget what you’ve done for us, and I am grateful for the chance you’ve given me. My house is always open to you. Sincerely Yours Garcia, Barbara Fifth Retirement Letter Sample Pat Williams 618 Spooky Place Monstropolis, 23221 123-555-0031 pwilliams@email.com Feb. 16, 2022 Mike Wazowski Co-CEO Monters, Inc. 324 Scare Road Monstropolis Dear Mr. Wazowski, As a formal notice of my upcoming retirement, I am submitting this letter. ‌I will be leaving Monters, Inc. on‌ ‌April‌ ‌13. These past 10 years as a marketing associate have provided me with many opportunities. ‌Since we started our company a decade ago, we have seen the face of harnessing screams change dramatically into harnessing laughter. ‌During my time working with this dynamic marketing team, I learned a lot about customer behavior and marketing strategies. ‌Working closely with some of our long-standing clients, such as Boo, was a particular pleasure. I would be happy to‌ ‌assist‌ ‌with‌ ‌the‌ ‌transition‌ ‌following‌ ‌my‌ ‌retirement. ‌It would be my pleasure to assist in the hiring or training of‌ ‌my‌ ‌replacement. ‌In order to spend more time with my family, I will also be able to offer part-time consulting services. After I retire, I plan to cash out the eight unused vacation days I’ve accumulated and take my pension as a lump sum. Thank you for the opportunity to work with Monters, Inc. ‌In the years to come, I wish you all the best! Sincerely, Paul Williams Sixth Retirement Letter Sample Dear Micheal, As In my tenure at Dunder Mifflin Paper Company, I have given everything I had. It has been an honor to work here. But‌ ‌I‌ ‌have‌ ‌decided‌ ‌to‌ ‌move on to new challenges and retire from my position — mainly bears, beets, and Battlestar Galactia. I appreciate the opportunity to work here and learn so much. During my time at this company, I will always remember the good times and memories we shared. Wishing you all the best in the future. Sincerely, Dwight K. Shrute Your signature May 16 Seventh Retirement Letter Sample Greetings, Bill I am announcing my retirement from Initech, effective March 15, 2023. Over the course of my career here, I’ve had the privilege of working with so many talented and inspiring people. In 1999, when I began working as a customer service representative, we were a small organization located in a remote office park. The fact that we now occupy a floor of the Main Street office building with over 150 employees continues to amaze me. I am looking forward to spending more time with family and traveling the country in our RV. Although I will be sad to leave. Please let me know if there are any extra steps I can take to facilitate this transfer. Sincerely, Frankin, Renita Eight Retirement Letter Sample Bruce, Please accept my resignation from Wayne Enterprises as Marketing Communications Director. My last day will be August 1, 2022. The decision to retire has been made after much deliberation. Now that I have worked in the field for forty years, I believe it is a good time to begin completing my bucket list. It was not easy for me to decide to leave the company. Having worked at Wayne Enterprises has been rewarding both professionally and personally. There are still a lot of memories associated with my first day as a college intern. My intention was not to remain with such an innovative company, as you know. I was able to see the big picture with your help, however. Today, we are a force that is recognized both nationally and internationally. In addition to your guidance, the bold, visionary leadership of our company contributed to the growth of our company. My departure from the company coincides with a particularly hectic time. Despite my best efforts, I am unable to postpone my exit. My position would be well served by an internal solution. I have a more than qualified marketing manager in Caroline Crown. It would be a pleasure to speak with you about this. In case I can be of assistance during the switchover, please let me know. Contact us at (555)555-5555. As part of my responsibilities, I am responsible for making sure all work is completed to Wayne Enterprise’s stringent requirements. Having the opportunity to work with you has been a pleasure. I wish you continued success with your thriving business. Sincerely, Cash, Cole Marketing/Communications Ninth Retirement Letter Sample Norman, Jamie 2366 Hanover Street Whitestone, NY 11357 555-555-5555 jamie.norman@email.com 15 October 2022 Mr. Lippman Head of Pendant Publishing 600 Madison Ave. New York, New York Respected Mr. Lippman, Please accept my resignation effective‌ ‌November‌ ‌1,‌ ‌2022. Over the course of my ten years at Pendant Publishing, I’ve had a great deal of fun and I’m quite grateful for all the assistance I’ve received. It was a pleasure to wake up and go to work every day because of our outstanding corporate culture and the opportunities for promotion and professional advancement available to me. While‌ ‌I am excited about retiring, I am going to miss being part of our team. ‌It’s my hope that I’ll be able to maintain the friendships I’ve formed here for a long time to come. In case I can be of assistance prior to or following my departure, please let me know. ‌If I can assist in any way to ensure a smooth transfer to my successor, I would be delighted to do so. Sincerely, Signed (hard copy letter) Norman, Jamie Tenth Retirement Letter Sample 17 January 2023 Greg S. Jackson Cyberdyne Systems 18144 El Camino Real, Sunnyvale, CA Respected Mrs. Duncan, I‌ ‌am‌ ‌writing‌ ‌to‌ ‌inform you that I will be resigning from Cyberdyne Systems as of March 1, 2023. I’m grateful to have had this opportunity, and it was a difficult decision to make. My development as a programmer and as a more seasoned member of the organization has been greatly assisted by your coaching. I have been proud of Cyberdyne Systems’ ethics and success throughout my 25 years at the company. Starting as a mailroom clerk and currently serving as head programmer. The portfolios of our clients have always been handled with the greatest care by my colleagues. It is our employees and services that have made Cyberdyne Systems the success it is today. During my tenure as head of my division, I’ve increased our overall productivity by 800 percent, and I expect that trend to continue after‌ ‌I‌ ‌retire. In light of the fact that the process of replacing me may take some time, I would like to offer my assistance in any way I can. The greatest contender for this job is Troy Ledford, my current assistant. Also, before I leave, I would be willing to teach any partners how to use the programmer I developed to track and manage the development of Skynet. Over the next few months, I’ll be enjoying vacations with my wife as well as my granddaughter moving‌ ‌to‌ ‌college. If Cyberdyne Systems has any openings for consultants, please let me know. ‌It has been a pleasure working with you over the last 25 years. I appreciate your concern and care. Sincerely, Greg S, Jackson Frequently Asked Questions What is a retirement letter? Retirement letters are formal letters letting your boss know you’re retiring. ‌Like a resignation letter, this lets your employer know that you will be leaving. ‌It should be noted that a retirement notice letter does not only announce your resignation, but also seeks‌ ‌retirement benefits. Retirement letters are usually used along with verbal resignations to supervisors. ‌Consider scheduling a meeting before you submit your retirement letter so that you can discuss your plans. ‌‌‌You can expect this letter to go into your employee file along with your start date, compensation, and benefits information. Why should you write a retirement letter? Again, the purpose of your retirement letter is to let your employer know why you’re leaving. ‌A manager and HR department are usually aware of your resignation when you leave a job. In any case, submitting a retirement letter can help you end on a positive note with your employer. And it ensure they have all the paperwork they need. Also, in your retirement letter, you let the company know your plans after working there, so they can find your replacement if necessary. Even after you send your retirement letter, you may need to keep in touch with your employer until your replacement is found. What should be included in your retirement letter? It should follow the same format as‌ ‌any‌ ‌formal‌ ‌letter. ‌In addition, your retirement plans should be included as well as some retirement-specific data. ‌However, the date may be the most important factor. In some cases, benefits will be dependent on when you provide notice of your resignation as well as when you actually retire. ‌A date on the letter makes it easier to verify when you gave notice-and how long you gave-should human resources or senior management ask you. In addition to your customary salutation, you should also address your letter to your boss or a supervisor who is responsible for you. ‌The body of the letter should state your intended retirement date (your last day) and any transition plans you have in mind. ‌In case you plan to assist in the transition or train a new employee, let them know what your intentions are. ‌Your availability may be limited to a certain‌ ‌time‌ ‌frame,‌ ‌like‌ ‌three‌ ‌months. Remember to tell your employer your current job title, how long you’ve worked at the company and what your most significant accomplishments are. Your letter can be personalized by expressing your gratitude for your career at the company and providing details about‌ ‌your‌ ‌retirement‌ ‌plans. ‌Finally, include your contact information at the end of the letter. Do I have to give notice? Providing notice is not legally required‌ ‌– two‌ ‌weeks‌ ‌or‌ ‌otherwise. ‌However, your company may have a policy requiring‌ ‌it. ‌Also, the laws in some states do have some caveats. You can check your contract, company handbook, or talk to HR to find out what retirement notice you need. ‌If you resign, the policy might be different. It’s the standard business practice to give notice, regardless of your company’s policy. ‌It’s okay to do this for entry-level or junior jobs so the company has time to replace them. However, middle managers, higher-level employees, and those with specialized skills may take months to replace. ‌Due to this, two weeks’ notice is more of a courtesy. ‌It’s a good idea to start preparing several months in advance. Also, you’ll be able to make sure all projects you’re working on are finished during that time frame. ‌Also, you can prepare transition documentation that will help coworkers and your replacement. What’s the best age to retire? That depends on your financial situation, the state you reside, and retirement plan. ‌However, most people , the average American hopes to retire at 62. But, according to Gallup’s 2021 Economy and Personal Finance Survey, the current average retirement age is 66. Just note the following: Pre-tax retirement accounts, such as 401(k)s and IRAs, don’t allow withdrawals without a penalty until the age of 59 ½. Social Security benefits can be taken as early as 62 years of age. You aren’t eligible for Medicare until 65, Your Full Retirement Age (FRA) will be between 66 and 67 years old depending on your birth year. Social Security benefits increase by 8% each year between the ages of 67-70 if you haven’t taken them yet. Article by John Rampton, Due About the Author John Rampton is an entrepreneur and connector. When he was 23 years old, while attending the University of Utah, he was hurt in a construction accident. His leg was snapped in half. He was told by 13 doctors he would never walk again. Over the next 12 months, he had several surgeries, stem cell injections and learned how to walk again. During this time, he studied and mastered how to make money work for you, not against you. He has since taught thousands through books, courses and written over 5000 articles online about finance, entrepreneurship and productivity. He has been recognized as the Top Online Influencers in the World by Entrepreneur Magazine and Finance Expert by Time. He is the Founder and CEO of Due. Updated on Jul 25, 2022, 3:32 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJul 25th, 2022

The night the Lord of the Skies got away

In 1985, US agents had a chance to stop Mexico's top drug lord. Years later, evidence from that night proved valuable in a way no one could predict. Reuters; John Moore/Getty Images; Rachel Mendelson/InsiderOne night in 1985, US agents may have had a chance to stop the rise of Mexico's most powerful drug lord — a chance they quickly gave up without knowing it. But the evidence gathered that night would prove valuable in a way no one could predict. If he'd blinked he might have missed them.The pair of cars were parked window to window, just off the side of Highway 67, nine miles north of the tiny border town of Presidio, Texas. As David Ramirez cruised by in his dun-colored U.S. Border Patrol sedan, the night sky outside the range of headlights was so pitch-black that he could have been forgiven for not spotting the vehicles.    Ramirez guessed that something was up. Slowing the cruiser, he banged a quick U-turn and headed back. "They were on the side of the road, at that time of night, in that area, which was known for drug trafficking," Ramirez recalled. "And there wasn't any other traffic. We were out there in a patrol vehicle and we saw maybe two other vehicles in a three-hour time span."It was May 1985, and Ramirez had only been with the Border Patrol for two and a half years. But at a posting as remote as southwest Texas, where only a handful of agents were stationed at the time, that qualified him to train the new guy. So, in the passenger seat sat his partner for the evening, a trainee agent learning the ropes as they cruised along this ribbon of pebbles, dust, and potholes masquerading as a state highway.As Ramirez maneuvered his patrol car, two pairs of headlights came on, two engines rumbled to life, and two cars peeled out. A late-model pickup truck went first, and, following closely behind, a big-body, white Mercury Grand Marquis. They were headed south, toward Presidio, and toward Mexico.Ramirez spun the cruiser around once again and sped off in pursuit, flashing his red-and-blues to signal the drivers to stop. The two vehicles ignored him.The Mercury wasn't going that fast, 60, maybe 70 miles-per-hour, but it acted as a sort of rearguard, allowing the driver of the pickup truck to put more and more distance between himself and the Border Patrol agents giving chase. This went on for a while, five minutes maybe. Finally, with the pickup truck out of sight, the driver of the Mercury eased to the side of the road and crunched to a stop. Ramirez knew it was a feint designed to let the other driver — and whatever cargo he might be carrying — get away. But he also knew that at the end of that road, just before the international port of entry, was a Border Patrol station. He radioed ahead for agents to be on the lookout, and turned his focus to the Mercury.Carefully opening his door, Ramirez climbed out of the cruiser, unclasped the snap on his holster, and drew his .38-caliber service revolver, holding it at a downward angle. It had been dark for hours, but in these parts even after midnight  in late spring can be mind-bendingly hot. The thermostat hovered around 95 degrees and the night air hung heavy like a blanket. As Ramirez approached the Mercury from the driver-side door, his heart rate quickened. The ambient sounds of the desert night, the buzz of insects and snuffling of wild javelinas, receded into the background. His training — and his survival instinct — kicked in to guide him. The trainee, armed with a shotgun, mirrored the more experienced agent and sidled toward the car from the passenger side. Speaking in Spanish through the rolled down window, the driver had an easy-does-it, friendly manner. With the trainee standing back, Ramirez holstered his revolver and requested the suspect's documents. The driver obliged.One was a border-crossing card, issued by the Immigration and Naturalization Service, that allowed Mexicans living close to the border to cross back and forth for errands and jobs.The other document identified the driver as an agent of the Federal Security Directorate, or DFS, a powerful — and phantasmagorically corrupt — branch of Mexico's federal law enforcement. For Ramirez, this didn't prove the man was a cop. The DFS was notorious for its connections to drug traffickers, and its agents were known to hand out fake badges to the smugglers they worked with. But he couldn't be sure the man wasn't a cop.Ramirez asked the man if he had any weapons, and the driver said no, no guns. But peering into the Marquis, Ramirez could see a box of ammo sitting on the passenger seat, clear as day. He asked again. No weapons? You sure about that?David Ramirez (r); John Moore/Getty Images; Rachel Mendelson/InsiderThe driver made no attempt to keep the lie going and admitted that, sure, he had a small gun in the trunk. On Ramirez' orders, the driver opened the door and walked around to the rear to pop the trunk. The "small gun" turned out to be a loaded AR-15 assault rifle.Ramirez eyed the driver more closely now. He stood about six feet tall, trim and lanky, and dressed like a well-heeled cowboy, with nice boots and well-fitting clothes. Despite everything, he seemed relaxed. Ramirez gave the driver a careful patdown and, finding no other weapons on him, escorted him back to the Border Patrol cruiser and directed him into the back seat, locking him in there but deciding not to place him in handcuffs, given the DFS badge."In any law enforcement, I would say there's a certain courtesy you give to [other] law enforcement," Ramirez told me. "As a young agent, I didn't really know how to deal with it. I was naive."The trainee took the keys to the Mercury and started back to the station at the Presidio-Ojinaga border. Ramirez followed. In the backseat, the driver sat – quiet, calm, no fuss.The man's name, according to his INS card and DFS badge, was Amado Carrillo Fuentes.The Lord of the Skies Within a decade of that traffic stop, Amado would be the most significant drug trafficker in Mexico. His knack for using airplanes to smuggle huge quantities of drugs earned him the nickname "el señor de los cielos," the Lord of the Skies, and, to this day, he is easily the most prolific and most powerful drug lord the country has ever seen. His would be a household name in Mexico and a curse on the lips of U.S. federal agents tasked with fighting the narcotics trade. Another two decades after that, he would feature prominently as the absurdly white-washed protagonist of the Netflix series Narcos: Mexico. But on the night David Ramirez encountered him on that desolate stretch of Highway 67, Amado was just one trafficker among many. Not a nobody, certainly, but his photo wouldn't yet be on any police bulletin boards, nor his name in any newspapers.Amado was then 28 years old, and for years he had found a comfortable niche for himself in the growing drug empire run by his uncle — a fearsome brute named Ernesto "Don Neto" Fonseca — Miguel Ángel Félix Gallardo, and Rafael Caro Quintero. Like nearly all major drug traffickers of the era — including Joaquín "El Chapo" Guzmán Loera, who was born around the same time as Amado — they all hailed from the northwestern state of Sinaloa. But they ran their operation out of the city of Guadalajara, and became known as the Guadalajara cartel. As the demand for cocaine began to surge in the late 1970s and exploded in the early 1980s, most cocaine headed to the U.S. from Colombia, across the Caribbean, and into Florida. But as the DEA and the Coast Guard cracked down on that route, the Colombians needed a new way of getting drugs north The syndicate that Don Neto, Félix Gallardo, and Caro Quintero operated, which previously focused on heroin and marijuana and was well positioned to offer an alternative route to their new friends in Colombia, was busy forging contacts with Colombian cocaine suppliers. Within a few years, the Mexican traffickers had become an integral link in the chain that saw cocaine travel by air from its roots high in the Andes to labs in the jungles of Colombia to local smugglers in Mexico, and finally to an eager customer base in the United States. Using the staggering infusion of cash that came along with their new specialty in moving cocaine, the Guadalajara network was able to bring most of the major drug traffickers in Mexico under a unified protection racket negotiated by Félix Gallardo and overseen by the DFS and other federal police agencies.Amado, who was quickly gaining a reputation for being cool-headed and having a talent for forging political connections, played a key role in this transformation of the drug game, coordinating cargo planes, loaded down with hundreds — and later thousands — of kilos of coke, to clandestine air strips in northern Mexico.An act of supreme recklessnessEverything changed, however, just a few months before Amado was stopped in southwest Texas. In February 1985, a group of gunmen snatched a young DEA agent named Enrique "Kiki" Camarena off the streets of Guadalajara, tortured and murdered him along with a pilot who'd worked with the DEA, and dumped their bodies on a distant ranch. Amado Carrillo Fuentes (c). Henry Romero/Reuters; Rachel Mendelson/InsiderThe brutal kidnapping, torture, and murder of a U.S. federal agent was an act of supreme recklessness and the consequences were sweeping. By April, Don Neto and Caro Quintero were in prison, Félix Gallardo was in hiding, and the network they had carefully built and paid a fortune to protect was in disarray, cracking under the pressure of a vengeful United States, and the obligatory, if belated, efforts of Mexican cops. (Just this month, on July 15, Caro Quintero was arrested in Mexico in a joint U.S.-Mexican operation. In 2013, while serving a 40-year sentence for the murders, a Mexican court had ordered Caro Quintero released. U.S. officials immediately sought to re-arrest him, adding him to the FBI's Ten Most Wanted Fugitives list, but Caro Quintero went into hiding. During the operation on July 15, 14 marines died when their Black Hawk helicopter crashed outside the city of Los Mochis. A few days after the re-capture of Caro Quintero, in a seemingly unrelated move, Félix Gallardo officially trademarked his own name, apparently for a fashion brand.)Mid-level traffickers who were lucky or savvy enough to escape the dragnet exploited a sudden power vacuum and set up territorial fiefdoms, negotiating new protection pacts with corrupt officials and continuing to traffic all the cocaine, heroin, and marijuana that North Americans could sniff, shoot up?, or smoke.Amado was one of those survivors, but he couldn't stay in Guadalajara. So he headed to Ojinaga, just across the border from Presidio, Texas, where he joined forces with a rough-and-tumble smuggler named Pablo Acosta. The Wild West At the northern extreme of the Chihuahuan Desert and the southwest extreme of Texas, Presidio sits just east of Ojinaga — rather than the proverbial "north of the border," as the Rio Grande runs south there. Located just to the south and east lies Big Bend National Park, and with its canyons, culverts, and deep ravines scored into the earth over millennia, the landscape is such a godsend to smugglers of all kinds that it could almost seem as if it was created for that express purpose.   For as long as the border has divided Presidio and Ojinaga, this remote land has been a causeway for smugglers looking to take advantage of prohibition in the U.S. — first of alcohol, later of marijuana and heroin, and finally cocaine — and of Mexico's booming black market for illegally imported commercial goods that resulted from the country's high tariffs.David Ramirez, a native of of El Paso, arrived in Presidio in 1982, shortly after joining the Border Patrol. He could almost count his fellow agents on two hands, and together they were tasked with patrolling not only the port of entry, with its wooden, two lane bridge crossing the river, but also the vast desert landscape stretching out on either side. (It was still many years before the Border Patrol would morph into the veritable army that polices the border today, with its drones, seismic motion sensors, and agents more numerous than the armies of more than a dozen small nations.) "We often had no radio comms, and all of Big Bend [National Park] to deal with," Ramirez recalled. "It was like the Wild West."Ramirez and his fellow agents may have had the might of the U.S. government at their backs, but down in Presidio, with the drug trade in overdrive, they were tilting at windmills.It wasn't like they could rely much on the Mexican authorities across the border either. The dirty and not so well-kept secret of the drug trade in Mexico is that it is inextricably tied to and controlled by extra-official protection rackets run by corrupt members of the country's business, political, and judicial elite. Just like every other lucrative smuggling corridor along the border, Ojinaga was controlled by a local boss. For much of the 1970s, that person had been Manuel Carrasco; when he eventually ran afoul of too many people he fled town and with time — and after a few shootouts — control passed to an up-and-coming trafficker named Pablo Acosta. 'He's their guy'According to the journalist Terrence Poppa, who chronicled the rise and fall of Acosta in his 1991 book "Drug Lord," Acosta came to power in Ojinaga in the late 1970s or early 1980s, and by 1982 he was either directly involved with, or charging a tax on, all illegal merchandise flowing across the border.Acosta, like Amado, was treated to a sympathetic portrayal in Narcos: Mexico. The actor Gerardo Taraceno plays Acosta up as a sentimental, old-school cowboy — reckless and violent at times, sure, but living by a code of honor and harboring a sentimental streak to boot. This flies in the face of all available evidence. Poppa — and a number of sources I spoke with who either investigated Acosta or did business with him — said that the real-life Acosta was a brutal thug, quick to mete out violence and shocking cruelty against anyone he saw as a threat. He shot men down in the street in broad daylight, subjected people to brutal torture, and was said to have once strapped a rival to the back of his pickup truck and dragged him to his bloody, horrible death. And as the years wore on, Acosta grew ever more erratic, thanks in part to his growing number of enemies and also to his fondness for basuco, a crude cocaine paste that he sprinkled into cigarettes and smoked around the clock.He was, in other words, the polar opposite of Amado. Little is known of Amado and Acosta's working relationship, one the young face of the drug trade to come and the other the proud, battle-scarred avatar of what came before. Amado was there not to do Acosta's bidding but to look after the interests of his uncle's syndicate in Guadalajara, which was increasingly coordinating shipments of cocaine on behalf of the Colombians and moving it through Ojinaga. David Ramirez (r); Rachel Mendelson/InsiderOne player who had the opportunity — or misfortune — to see that dynamic up close was Don Henry Ford, Jr, a former drug trafficker working in the region in the '70s and '80s."Amado Carrillo was never working for Pablo Acosta, not for one fucking day," Ford told me. "He represents the big guys down there, the cartel, he's their guy."When Pablo Acosta was finally gunned down in a raid by Mexican police in the tiny village of his birth in 1987, rumors immediately proliferated that Amado had paid a corrupt police commander $1 million to take him out. Unrepentant cowboyIf Ramirez that night in 1985 saw the amiable, confident face that Amado showed when being detained, Don Henry Ford Jr., two years prior, saw something closer to the real Amado — the careful balance of friendly and ruthless with which Amado gained the trust of business partners and government benefactors, while rooting out potential traitors and rivals.Ford grew up on a Texas ranch a few hundred miles north of the border, but as his family's business started to fail in the late 1970s he began to drift down to Mexico, making trips back and forth across the border in search of easy money and unlimited weed."You may consider one side Mexico and one the U.S., but it ain't either. It's the border," Ford told me recently when I reached him by phone. "People in Presidio and Ojinaga have more in common with each other than with anyone in Washington or Mexico City."By the time I talked to him, Ford had been out of the drug game for decades. The beginning of the end had come in 1986 when he was arrested in Texas but then managed to escape and spend a year or so as an honest-to-god fugitive outlaw, laying low in a tiny communal ejido south of the border, guarding multi-ton shipments of Colombian weed in a cave with just a rifle by his side. In 1987, he was caught while moving about a hundred pounds of weed in southern Texas and ended up serving seven years of a 15-year sentence before being released on good behavior — after which he spent another few years under tight restrictions, pissing in a cup for his parole officer as many as three times a week. As much as he hated giving up those years to prison and parole, Ford knows how lucky he was: less than a year after his second arrest, in 1988, the US eliminated parole for federal offenses and introduced mandatory minimums for large-scale drug trafficking. If he'd been busted any later, he could have spent the rest of his life behind bars, as did many drug traffickers — particularly Black and Brown people — sentenced amid the drastic ramping up of the U.S. war on drugs.He put that life behind him — raised kids, raised cattle, and even put aside some land and a business to pass on to his children. But he still has the spark of an outlaw in his voice. Even his email address, which includes the words "unrepentant cowboy," makes clear that he remains resolutely nonconformist. The south Texas ranch where Ford spends his days is so remote that his cell phone barely gets a signal. When we spoke, his voice crackled out of earshot every time he moved in the wrong direction or when he sat down.Ford had a rather haphazard start as a drug trafficker, running into some greedy cops on his first trip to Mexico who were happy to relieve him of his seed money and send him packing. But before long he found a knack for the business, and developed a lucrative operation trading with a loose network of marijuana growers and wholesalers, trafficking hundreds of thousands, or even millions, of dollars in weed at a time.He did most of his business in the state of Coahuila, east of Acosta's territory in Chihuahua, where he could work without having to deal with Acosta, who he knew by reputation to be a fickle and violent man. Years later, Ford would find that out firsthand, when he was attacked by men he believes to have been working for Acosta, and interrogated at length by a man he believes to be Acosta himself. He believes it to have been Acosta because he was blindfolded, and Ford is not one to say things he's not 100% sure of. (I had to take Ford's word on this incident, as there's no record of it aside from Ford's memory of the experience, and Acosta is not around to confirm it.)But before his near-death encounter with Acosta, it was in Coahuila, in the home of his main connect, a guy named Oscar, that he first met Amado around 1983.Their first meeting was just in passing; Amado was one of several cowboy-looking guys milling about during a visit to the home of his partner, where Ford was visiting on one of his many trips south to score wholesale loads of weed. Amado was dressed, like the rest of the guys, in wide-cut polyester pants and the boots popular with Mexican cowboys with a high, slanted Spanish riding heel."He didn't look like anybody extraordinary at all, he looked like Oscar was giving him some work on the farm," Ford told me. "He wasn't wearing a bunch of gold jewelry and shit that would give away the sense of being wealthy. His boots were worn."For most of his career, Ford had stuck to marijuana. And even in the early years of the cocaine boom he said he could see the effect that the introduction of cocaine was having on the business of smuggling. Guys he had known to be sworn pacifists motivated by peace and love as much as money, began carrying weapons, acting all jittery."All of a sudden it was like Miami Vice," he recalled. But he wasn't so altruistic as to turn down good business, and it soon became clear to him that the real money was in cocaine. He wanted in. So he made some inquiries and was told the person to talk to was Amado — that quiet guy in cowboy boots he'd met once a while back.The meeting happened sometime in 1983, just Ford, his cousin, his partner Oscar, and Amado in a motel room in the city of Torreon, in the southern reaches of Coahuila. It started off well enough — like many meetings between drug traffickers, it was mostly a chance to size each other up. Amado brought with him some of the product he had on hand, and for a few hours, the wirey Texan and the Sinaloan trafficker hung out, drank, sniffed cocaine, and chatted pleasantly. Just as Ramirez would observe later, Ford recalled Amado as a smooth customer, calm and collected but friendly. Even a few drinks and a few lines deep, Amado kept his wits about him."He did a lot more listening than he did talking," Ford said.Ford liked that, and he told Amado that he didn't have any interest in working with a hothead like Acosta."I told him 'If you're like that, I don't wanna do business with you,'" Ford said. "I'm interested in fuckin' moving some drugs and making some money."Ford and Amado didn't make a deal that night, but Ford said they agreed to "something tentative." When it was time for Amado to go, but he left the remaining coke as a gift, more where that came from, and Ford and his cousin set about enjoying it.Rachel Mendelson/InsiderA few hours later, as they were trying to sleep off their coke jitters, there came a series of thunderous knocks on the door, bam-bam-bam, and chaos descended on them. A team of heavily armed men rushed into the hotel room. They wore no uniforms, but they moved with such trained precision that Ford immediately took them for cops of some sort. Over the next few hours, he said, they questioned the pair relentlessly."This motherfucker did this to see if I was a cop," Ford said. "He didn't trust us, and decided he was gonna find out who we were."He never saw Amado again.200 miles from El PasoTwo years or so after Ford met him in Torreon, Amado sat patiently in the Border Patrol station in Presidio with agent David Ramirez. The other driver, the one Amado had slowed down to let escape, had made it to the point of entry. His car was clean and, after showing his ID — along with a DFS badge like Amado's — the agents who spoke to him had nothing to charge him with, and let him cruise back into Mexico. (In an interview, Ramirez told me ruefully that he had written the man's name down in his notebook but later lost it, and the question of the man's identity piques his curiosity to this day.)As for Amado, Ramirez may not have caught him trafficking drugs in flagrante, nor had he proven any collusion with the driver of the pickup truck. But there was the AR-15 he'd found in the trunk. For a nonresident of the United States, it was a serious crime to be in possession of a loaded assault rifle. If charges were brought, it could have earned him a few solid years in a federal prison. No one knew it then, but that could have put a serious crimp in Amado's upward trajectory. But that wasn't the purview of the Border Patrol. If they were going to hold Amado, the Bureau of Alcohol, Tobacco, and Firearms — 200 miles away in El Paso — would have to get involved. If they agreed, someone would have to come in from El Paso, a four-hour drive away, bring Amado back, and then take him to magistrate court in Pecos, another two-hour drive from El PasoRamirez made the call, and waited. In the meantime, in case Amado would be charged, Ramirez fingerprinted the suspect, and took a couple mugshots.By now it was around three in the morning. Amado had been pretty quiet as they drove into Presidio, but sitting in the Border Patrol station, he started to open up a bit more, chatting with Ramirez, even boasting a bit as they made small talk to kill time."The guy, once again, had not a worry in the world," Ramirez said. "Real easy guy, and you know it was strange, he offered a lot of info, like that his uncle was Don Neto and that Caro Quintero was his partner."It might seem strange that an experienced heavy in the drug trade would brag about his connections to a well-known trafficker like Don Neto and the notorious killer of a federal agent like Caro Quintero, but the code of silence only applies to the saps at the bottom of the totem pole, or to the civilians ensnared in the web of violence, corruption, and extortion that funnels money up to the bosses. For the guys making the real money, the relationship with law enforcement is a lot more fluid, with a lot more give and take. Perhaps Amado saw an opportunity to cultivate a contact, pocket a card that he could play at a later date. Or maybe he just knew that no ATF agents were getting their asses out of bed at three in the morning and driving all the way to Presidio and back to book him. Much more likely was that he'd be back in Mexico by sun-up no matter what he said to Ramirez.An hour passed, and then Ramirez got word from the Bureau that they weren't going to bother with this one. Coming all that distance to Presidio, it was too much trouble. So he let Amado go. Ramirez held on to the box of ammo, but Amado drove back into Mexico a free man with the illegal AR-15 in his trunk.'You can't live in what-ifs'Looking back to that night in Presidio in 1985, It's hard to fathom how it was possible that agents of the federal government had one of the top drug traffickers in Mexico in their custody and didn't even know it. But according to Ramirez, that was par for the course back then. "At that time, in that area, there was no intelligence collection. It was very primitive," he said. "We were patrol, we weren't really trained for intelligence gathering. Unfortunately that was the attitude back then."Ramirez doesn't pester himself much wondering how things might have gone if the ATF had bothered to haul Amado in. "He coulda done some time, sure," Ramirez replied when I pushed the point. "But you can't live in what-ifs."After that night in 1985, Ramirez would see Amado from time to time around town on the other side of the border. Ramirez would mostly avert his gaze so as not to make eye contact with the man whose night he'd ruined. He saw him at the border crossing too, and from the way Amado carried himself there, Ramirez said he could tell Amado had pull among Mexican officials."He was a charismatic kinda guy," Ramirez recalled. "He made friends with the inspectors there on the U.S. side, the Customs inspectors and the immigration inspectors, invited them to his ranch and they would go over and come back and tell about the cookouts and the time they had." One of the inspectors even invited Ramirez to the party. Ramirez politely declined.Whatever scrutiny caused him to flee Guadalajara did not appear to have followed Amado to Ojinaga, according to Ramirez. "He wasn't hiding! I mean he was out in the open," Ramirez said with some bemusement.In the years that followed, Amado continued to plot his deliberate, careful rise to power. That evening he spent with Ramirez would go down as his only known brush with US authorities — or at least the only one in which he was a suspected criminal rather than a guy asking Customs inspectors over for lunch. Alongside other major traffickers of his generation, like "El Chapo" in Sinaloa and Sonora and the Arellano-Félix brothers in Tijuana, Amado expertly navigated every power vacuum that presented itself — or triggered power vacuums himself. By the late 1980s Amado had moved his base of operations to Ciudad Juárez, the sprawling metropolis that sits across the river from El Paso, where the multiple ports of entry allow a far greater amount of train, truck, and car traffic — and contraband — than Ojinaga ever could. It was there that Amado truly came into his own, controlling organized crime in the city so tightly that normal, everyday street crime became a rarity, lest criminals incur the wrath of the henchmen tasked with keeping things quiet and orderly. David Ramirez had left Presidio as well, transferring to his hometown of El Paso, where he began doing undercover work investigating trafficking networks alongside Mexican cops. He saw firsthand the control that Amado exercised in the city.He even saw Amado once. Ramirez was in Juárez, eating breakfast with some Mexican colleagues, including a federal police commander, when who walks in but Amado, surrounded by a swarm of burly, heavily armed guards. Amado made a beeline for their table and greeted the commander warmly as Ramirez studied his food and preyed that he wouldn't be recognized. "I thought 'oh shoot, this is the guy I arrested!'" Ramirez recalled. "Everybody says they're looking for him, and he's right there!" Once again, though, Ramirez's hands were tied: no matter how much the U.S. might want its hands on Amado, he was out of reach in Mexico, where his massive web of bribes and political connections made him largely untouchable. Still, even if Ramirez's actions did nothing to stop Amado's rise to power, it wasn't all for naught.The Lord of the Skies is deadOn July 3, 1997, Amado Carrillo Fuentes entered Hospital Ángeles Santa Mónica in the ritzy Mexico City neighborhood of Polanco. Amado had had a rough time of it recently, and it would have shown, his voracious cocaine habit and relentless workload taking their toll on his face and his increasingly heavy frame. The hospital was under heavy security, with an entire wing shut down for the guest of honor's privacy. Reuters; Rachel Mendelson/InsiderAmado was by now the undisputed public face of the drug trade in Mexico, with mansions all over the country and countless men doing his bidding. Being the boss is great for a guy like Amado, but not if everyone knows it. In Juárez he and his henchmen had worked hard to keep his name out of the papers, intimidating and threatening journalists and even discouraging singers from composing narcocorridos, the norteño ballads penned in honor of prominent drug traffickers that form an important role in the folk history of organized crime in Mexico. But when you amass power and wealth like Amado had, you can only remain in the shadows for so long. Things had really taken a turn for Amado that February, when one of his most important guardian angels — General Jesús Héctor Gutierrez Rebollo, Mexico's drug czar  — was arrested and publicly accused of collaboration with Amado. Just a few months earlier, Guttierrez Rebollo had been feted in Washington, described by his American counterpart as "a guy of absolute, unquestioned integrity." So it was with a deeply embarrassed vengeance that the attention of both governments now trained itself on Amado.Amado knew as well as anyone that a drug lord's days are numbered as soon as he becomes a liability to the government. By multiple accounts, Amado started looking for an exit almost immediately. He bought property in Chile, moved money abroad, and was even rumored to have approached contacts in the government to offer a massive bribe in exchange for his freedom to retire in anonymity.On July 3, he checked in under a fake name at the hospital in Polanco to undergo plastic surgery to alter his features. (Or, it was rumored later, for a bit of liposuction. It may have been both.)He was never seen alive again.The next day, July 4, about two miles away from the hospital in the similarly posh Lomas Altas neighborhood, Fourth of July festivities were underway at the fortress-like mansion that was home to the U.S. Ambassador to Mexico. Diplomats and dignitaries, bureaucrats and spooks were spread out across the lawn, mingling with their spouses. Among the revelers were a handful of agents of the Drug Enforcement Administration, who, as Amado might have suspected, had been racing to pin down Amado before he could vanish.Their day off came to a sudden end when one of the DEA agents got a call. According to his source, Amado had succumbed to an overdose on the operating table and the body was headed for burial in his home state of Sinaloa.The call kicked off a furious race by U.S. and Mexican officials alike desperate to confirm the drug lord's death. Rumors were swirling that it was all a lie, that Amado couldn't possibly be dead, and to quiet this talk Mexican officials would a few days later take the extraordinary step of laying out Amado's body — puffy by now; his skin a ghastly grey-green — for a viewing at a government building in Mexico City, inviting journalists to show his corpse to the world.Meanwhile, a young intelligence officer for the DEA named Larry Villalobos was racking his brains to think of a way to confirm that the body was Amado's.Then it hit him: the fingerprints. Villalobos had worked for a while as a fingerprint technician with the FBI before joining the DEA, and, prior to his posting in Mexico City, he had been stationed at the DEA field office in El Paso, where he'd helped build a dossier on Amado. As part of his research, he had learned of Amado's brief detention by Border Patrol agent David Ramirez back in 1985, and he knew Ramirez had taken Amado's mugshot and fingerprints. Villalobos made some calls, and it wasn't long before Ramirez found himself awoken by the ring of his telephone. Amado may not have been worth getting out of bed for when Ramirez called the ATF back in 1985, but he sure was now.."They called me about 3 or 4 o'clock in the morning, wanting to know if I still had his prints," Ramirez recalled rather matter-of-factly. "So I dug 'em up and I sent 'em to him."In Mexico City, Villalobos received a fax of the prints and headed to the morgue to compare them with those belonging to the corpse.They were a match.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJul 22nd, 2022

Increase Top-Line Revenue Fast With These 3 Key Strategies

If you are looking to dramatically increase your sales revenue quickly over the next 90-plus days, you can achieve this with a written and totally focused action plan that you implement as a manager, executive or broker/owner. These three key strategies can help you drive and create listings, sales, revenue and increase your core service… The post Increase Top-Line Revenue Fast With These 3 Key Strategies appeared first on RISMedia. If you are looking to dramatically increase your sales revenue quickly over the next 90-plus days, you can achieve this with a written and totally focused action plan that you implement as a manager, executive or broker/owner. These three key strategies can help you drive and create listings, sales, revenue and increase your core service partners as well. Implement these three key strategies immediately for your managers or sales associates to achieve amazing results quickly: Write a 90-day growth strategy. Write and then execute a 90-day growth strategy plan to increase listings and sales purposefully with weekly goals and results tracking. This short, yet effective action plan will ensure that you are laser focused on keeping your agents and/or managers concentrated on top-line revenue sales activities every day. Get agents in your office(s) committed to the same 90-day growth strategy for their own business. Help your agents with a business plan to increase their listings and sales during the next 90 days and invite them to meet with you. Business planning is not just for annual goal setting. You can dramatically impact your agents with my game-changing lead generation GoldMine Pipeline Strategy that will create predictable and consistent monthly income for your agents. Download the strategy in the link below and use for immediate results. Track your office goals versus actual results and hold your agents and managers accountable to their goals and actual results weekly as well. You and your team can achieve anything with dedication, focus and a daily commitment to your plan with no distractions. Make it happen! Have a listing and sales contest. Initiate an agent and office monthly listing and sales contest for each month over the next 90 days. Nothing incentivizes real estate agents like a fun, hyper-focused and prize-winning contest. You can motivate and recognize achievements with fun prizes for individual accomplishments as well as prizes or parties for the whole sales team and office. Use the next 30, 60 and 90 days to create success and watch the results you can create. As the sales leader or manager, you set the tone, and all messaging when it comes from you creates the energy and momentum for your managers and agents to get excited and want to follow and be a part of the success. Focus weekly, in-person sales meetings and training on generating listings and sales. Rip the bandaid off and start having high-energy, in-person weekly sales meetings and watch the productivity of your team improve. Agents need and want the team environment of meeting weekly and sharing successful strategies that are working to help list, sell, negotiate and navigate the changing market we are in. Every week is an opportunity for you to inspire and help your agents get one more listing appointment or listing. It gives them the consistent reminder that they have income goals they each want to achieve and that you and your valuable company provides the resources and tools to help them achieve their goals. Sharing big wins and best practices from all agents who are achieving success will only bring more success. In order to increase revenue over the next 90 days, implement in-office training and group coaching sessions focused on: how to get appointments and convert leads into clients; how to effectively conduct and close a listing appointment for the win; how to hold open houses and convert leads; how to generate referrals from your sphere and how to effectively generate leads on social media. These and other impactful coaching and training sessions will help your agents start (or increase) their sales and lead generation efforts to increase the leads on their pipelines, creating more listings, sales and top-line revenue for all. Remember, you are directly responsible for driving and increasing sales productivity in your region, office or company depending on your specific role. If you are leading sales managers, help them implement this plan immediately for optimum results. If you are leading a sales office full of agents, implement this plan immediately with each of your agents. Invite them all to the challenge and personally work with the 10 – 15 that you can coach into even greater success. You and your agents will love the results. Success is contagious! Download Johnson’s Exclusive GoldMine Pipeline Strategy to get your agents closing more leads into listings, sales and ultimately income. This system can double their production, fast.  Go to www.goldminepipeline.com for Johnson’s Free eBook and the Worksheet. These are just a few of Johnson’s proven and exclusive leadership and development strategies that produce amazing results quickly. For more information about Johnson’s exclusive turnkey, broker, manager and team solutions to dramatically grow your revenue, contact Sherri Johnson at www.sherrijohnson.com/onetoone for coaching plans. Sherri Johnson is CEO and founder of Sherri Johnson Coaching & Consulting. With 25 years of experience in real estate as a top agent, broker, and executive responsible for over 750 agents and over $1.7 billion in annual sales volume. Sherri offers her exclusive and proven methods through custom, one to one coaching and tailored consulting services. Sherri is a highly sought-after keynote speaker delivering high energy and real solutions audiences love.  Sherri has been named a RISMedia Real Estate Newsmaker in 2020 and 2021 as an Industry Influencer and Thought Leader. She is the author of the Sherri Johnson Academy, an on-demand learning platform as well as the 90-Boot Camp. Sherri is a preferred coach, consultant and speaker for top 10 international brands and brokerages and can dramatically increase your company’s revenue and profits. Visit www.sherrijohnson.com for more information. The post Increase Top-Line Revenue Fast With These 3 Key Strategies appeared first on RISMedia......»»

Category: realestateSource: rismediaJul 21st, 2022

Dr. Birx Praises Herself While Revealing Ignorance, Treachery, & Deceit

Dr. Birx Praises Herself While Revealing Ignorance, Treachery, & Deceit Authored by Jeffrey Tucker via The Brownstone Institute, The December 2020 resignation of Dr. Deborah Birx, White House Coronavirus Response Coordinator under Trump, revealed predictable hypocrisy. Like so many other government officials around the world, she was caught violating her own stay-at-home order. Therefore she finally left her post following nine months of causing unfathomable amounts of damage to life, liberty, property, and the very idea of hope for the future.  Even if Anthony Fauci had been the front man for the media, it was Birx who was the main influence in the White House behind the nationwide lockdowns that did not stop or control the pathogen but have caused immense suffering and continue to roil and wreck the world. So it was significant that she would not and could not comply with her own dictates, even as her fellow citizens were being hunted down for the same infractions against “public health.”  In the days before Thanksgiving 2020, she had warned Americans to “assume you’re infected” and to restrict gatherings to “your immediate household.” Then she packed her bags and headed to Fenwick Island in Delaware where she met with four generations for a traditional Thanksgiving dinner, as if she were free to make normal choices and live a normal life while everyone else had to shelter in place.  The Associated Press was first out with the report on December 20, 2020.  Birx acknowledged in a statement that she went to her Delaware property. She declined to be interviewed. She insisted the purpose of the roughly 50-hour visit was to deal with the winterization of the property before a potential sale — something she says she previously hadn’t had time to do because of her busy schedule.  “I did not go to Delaware for the purpose of celebrating Thanksgiving,” Birx said in her statement, adding that her family shared a meal together while in Delaware.  Birx said that everyone on her Delaware trip belongs to her “immediate household,” even as she acknowledged they live in two different homes. She initially called the Potomac home a “3 generation household (formerly 4 generations).” White House officials later said it continues to be a four-generation household, a distinction that would include Birx as part of the home. So it was all a sleight-of-hand: she was staying home; it’s just that she has several homes! This is how the power elite comply, one supposes.  The BBC then quoted her defense, which echo the pain experienced by hundreds of millions:  “My daughter hasn’t left that house in 10 months, my parents have been isolated for 10 months. They’ve become deeply depressed as I’m sure many elderly have as they’ve not been able to see their sons, their granddaughters. My parents have not been able to see their surviving son for over a year. These are all very difficult things.” Indeed. However, she was the major voice for the better part of 2020 for requiring exactly that. No one should blame her for wanting to get together with family; that she worked so hard for so long to prevent others from doing so is what is at issue.  The press piled on and she announced that she would be leaving her post and not seeking a position at the Biden White House. Trump tweeted that she will be missed. It was the final discrediting – or should have been – of a person that many in the White House and many around the country had come to see as an obvious fanatic and fake, a person whose influence wrecked the liberties and health of an entire country.  It was a fitting end to a catastrophic career. So it would make sense that people might pick up her new book to find out what it was like to go through that kind of media storm, the real reasons for her visit, what it was like to know for sure that she must violate her own rules in order to bring comfort to her family, and the difficult decision she made to throw in the towel knowing that she has compromised the integrity of her entire program.  One slogs through her entire book only to find this incredible fact: she never mentions this. The incident is missing entirely from her book.  Instead at the moment in the narrative at which she would be expected to recount the affair she says almost in passing that “When former vice president Biden was declared the winner of the 2020 election, I’d set a goal for myself—to hand over responsibility for the pandemic response, with all its many elements, in the best possible place.” At that point, the book skips immediately to the new year. Done. It’s like Orwell, the story, even though it was reported for days in the world press and became a defining moment in her career, is just wiped out from the history book of her own authorship.  Somehow it makes sense that she would neglect to mention this. Reading her book is a very painful experience (all credit to Michael Senger’s review) simply because it seems to be weaving fables on page after page, strewn with bromides, completely lacking in self awareness, punctuated by revealing comments that make the opposite point of what she is seeking. Reading it is truly a surreal experience, astonishing especially because she is able to maintain her delusionary pose for 525 pages.  Recall that it was she who was tasked – by Anthony Fauci – with doing the really crucial thing of talking Donald Trump into green-lighting the lockdowns that began on March 12, 2020, and continued to their final hard-core deployment on March 16. This was the “15 Days to Flatten the Curve” that turned into two years in many parts of the country.  Her book admits that it was a two-level lie from the beginning.  “We had to make these palatable to the administration by avoiding the obvious appearance of a full Italian lockdown,” she writes. “At the same time, we needed the measures to be effective at slowing the spread, which meant matching as closely as possible what Italy had done—a tall order. We were playing a game of chess in which the success of each move was predicated on the one before it.” Further:  “At this point, I wasn’t about to use the words lockdown or shutdown. If I had uttered either of those in early March, after being at the White House only one week, the political, nonmedical members of the task force would have dismissed me as too alarmist, too doom-and-gloom, too reliant on feelings and not facts. They would have campaigned to lock me down and shut me up.” In other words, she wanted to go full CCP just like Italy but didn’t want to say that. Crucially, she knew for sure that two weeks was not the real plan. “I left the rest unstated: that this was just a starting point.” “No sooner had we convinced the Trump administration to implement our version of a two-week shutdown than I was trying to figure out how to extend it,” she admits.  “Fifteen Days to Slow the Spread was a start, but I knew it would be just that. I didn’t have the numbers in front of me yet to make the case for extending it longer, but I had two weeks to get them. However hard it had been to get the fifteen-day shutdown approved, getting another one would be more difficult by many orders of magnitude. In the meantime, I waited for the blowback, for someone from the economic team to call me to the principal’s office or confront me at a task force meeting. None of this happened.” It was a solution in search of evidence she did not have. She told Trump that the evidence was there anyway. She actually tricked him into believing that locking down a whole population of people was somehow magically going to make a virus to which everyone would inevitably be exposed somehow vanish as a threat.  Meanwhile, the economy was wrecked domestically and then all over the world, as most governments in the world followed what the US did.  Where did she come up with the idea of lockdowns? By her own report, her only real experience with infectious disease came from her work on AIDS, a very different disease from a respiratory virus that everyone would eventually get but which would only be fatal or even severe for a small cohort, a fact that was known since late January. Still, her experience counted for more than science.  “In any health crisis, it is crucial to work at the personal behavior level,” she says with the presumption that avoidance at all costs was the only goal. “With HIV/AIDS, this meant convincing asymptomatic people to get tested, to seek treatment if they were HIV-positive, and to take preventative measures, including wearing condoms; or to employ other pre-exposure prophylaxis (PrEP) if they were negative.” She immediately hops to the analogy with Covid. “I knew the government agencies would need to do the same thing to have a similar effect on the spread of this novel coronavirus. The most obvious parallel with the HIV/AIDS example was the message of wearing masks.”  Masks = condoms. Remarkable. This “obvious parallel” remark sums the whole depth of her thinking. Behavior is all that matters. Just stay apart. Cover your mouth. Don’t gather. Don’t travel. Close the schools. Close everything. Whatever happens, don’t get it. Nothing else matters. Keep your immune system as unexposed as possible.  I wish I could say her thought is more complex than that but it is not. This was the basis for lockdowns. For how long? In her mind, it seems like it would be forever. Nowhere in the book does she reveal an exit strategy. Not even vaccines qualify.  From the very beginning, she revealed her epidemiological views. On March 16, 2020 at her press conference with Trump, she summarized her position: “We really want people to be separated at this time.” People? All people? Everywhere? Not one reporter raised a question about this obviously ridiculous and outrageous statement that would essentially destroy life on earth.  But she was serious – seriously deluded not only about how society functions but also about infectious disease of this sort. Only one thing mattered as a metric to her: reducing infections through any means possible, as if she on her own could cobble together a new kind of society in which exposure to airborne pathogens was made illegal.  Here is an example. There was a controversy about how many people should be allowed to gather in one space, as in home, church, store, stadium, or community center. She addresses how she came up with the rules:  The real problem with this fifty-versus-ten distinction, for me, was that it revealed that the CDC simply didn’t believe to the degree that I did that SARS-CoV-2 was being spread through the air silently and undetected from symptomless individuals. The numbers really did matter. As the years since have confirmed, in times of active viral community spread, as many as fifty people gathered together indoors (unmasked at this point, of course) was way too high a number. It increased the chances of someone among that number being infected exponentially. I had settled on ten knowing that even that was too many, but I figured that ten would at least be palatable for most Americans—high enough to allow for most gatherings of immediate family but not enough for large dinner parties and, critically, large weddings, birthday parties, and other mass social events. She puts a fine point on it: “if I pushed for zero (which was actually what I wanted and what was required), this would have been interpreted as a ‘lockdown’—the perception we were all working so hard to avoid.” What does it mean for zero people to gather? A suicide cult? In any case, just like that, from her own thinking and straight to enforcement, birthday parties, sports, weddings, and funerals came to be forbidden.  Here we gain insight into the sheer insanity of her vision. It is nothing short of a marvel that she somehow managed to gain the amount of influence she did.  Notice her above mention of her dogma that asymptomatic spread was the whole key to understanding pandemic. In other words, on her own and without any scientific support, she presumed that Covid was both extremely fatal and had a long latency period. To her way of thinking, this is why the usual tradeoff between severity and prevalence did not matter.  She was somehow certain that the longest estimates of latency were correct: 14 days. This is the reason for the “wait two weeks” obsession. She held onto this dogma throughout, almost like the fictional movie “Contagion” had been her only guide to understanding.  Later in the book, she writes that symptoms mean next to nothing because people can always carry around the virus in their nose without being sick. After all, this is what PCR tests have shown. Instead of seeing that as a failure of PCR, she saw this as a confirmation that everyone is a carrier no matter what and therefore everyone has to lock down because otherwise we’ll deal with a black plague. Somehow, despite her astonishing lack of scientific curiosity and experience in this area, she gained all influence over the initial Trump administration response. Briefly, she was godlike.  But Trump was not and is not a fool. He must have had some sleepless nights wondering how and why he had approved the destruction of that which he had seen as his greatest achievement. The virus was long here (probably from October 2019), it presented a specific danger to a narrow cohort, but otherwise behaved like a textbook flu. Maybe, he must have wondered, his initial instincts from January and February 2020 were correct all along.  Still, he very reluctantly approved a 30-day extension of lockdowns, entirely on Birx’s urging and with a few other fools standing around. Having given in a second time – still, no one thought to drop an email or make a phone call for a second opinion! – this seemed to be the turning point. Birx reports that by April 1, 2020, Trump had lost confidence in her. He might have intuited that he had been tricked. He stopped speaking to her.  It would still take another month before he would fully rethink everything that he had approved at her behest.  It made no difference. The bulk of her book is a brag fest about how she kept subverting the White House’s push to open up the economy – that is, allow people to exercise their rights and freedoms. Once Trump turned against her, and eventually found other people to provide good advice like the tremendously brave Scott Atlas – five months later he arrived in an attempt to save the country from disaster – Birx turned to rallying around her inner circle (Anthony Fauci, Robert Redfield, Matthew Pottinger, and a few others) plus assembling a realm of protection outside of her that included CNN reporter Sanjay Gupta and, very likely, the virus team at the New York Times (which gives her book a glowing review). Recall that for the remainder of the year, the White House was urging normalcy while many states kept locking down. It was an incredible confusion. The CDC was all over the map. I gained the distinct impression of two separate regimes in charge: Trump’s vs. the administrative state he could not control. Trump would say one thing on the campaign trail but the regulations and disease panic kept pouring out of his own agencies.  Birx admits that she was a major part of the reason, due to her sneaky alternation of weekly reports to the states.  After the heavily edited documents were returned to me, I’d reinsert what they had objected to, but place it in those different locations. I’d also reorder and restructure the bullet points so the most salient—the points the administration objected to most—no longer fell at the start of the bullet points. I shared these strategies with the three members of the data team also writing these reports. Our Saturday and Sunday report-writing routine soon became: write, submit, revise, hide, resubmit.  Fortunately, this strategic sleight-of-hand worked. That they never seemed to catch this subterfuge left me to conclude that, either they read the finished reports too quickly or they neglected to do the word search that would have revealed the language to which they objected. In slipping these changes past the gatekeepers and continuing to inform the governors of the need for the big-three mitigations—masks, sentinel testing, and limits on indoor social gatherings—I felt confident I was giving the states permission to escalate public health mitigation with the fall and winter coming. As another example, once Scott Atlas came to the rescue in August to introduce some good sense into this wacky world, he worked with others to dial back the CDC’s fanatical attachment to universal and constant testing. Atlas knew that “track, trace, and isolate” was both a fantasy and a massive invasion of people’s liberties that would yield no positive public-health outcome. He put together a new recommendation that was only for those who were sick to test – just as one might expect in normal life.  After a week-long media frenzy, the regulations flipped in the other direction.  Birx reveals that it was her doing: This wasn’t the only bit of subterfuge I had to engage in. Immediately after the Atlas-influenced revised CDC testing guidance went up in late August, I contacted Bob Redfield…. Less than a week later, Bob [Redfield] and I had finished our rewrite of the guidance and surreptitiously posted it. We had restored the emphasis on testing to detect areas where silent spread was occurring. It was a risky move, and we hoped everyone in the White House would be too busy campaigning to realize what Bob and I had done. We weren’t being transparent with the powers that be in the White House… One might ask how the heck she got away with this. She explains: [T]he guidance gambit was only the tip of the iceberg of my transgressions in my effort to subvert Scott Atlas’s dangerous positions. Ever since Vice President Pence told me to do what I needed to do, I’d engaged in very blunt conversations with the governors. I spoke the truth that some White House senior advisors weren’t willing to acknowledge. Censoring my reports and putting up guidance that negated the known solutions was only going to perpetuate Covid-19’s vicious circle. What I couldn’t sneak past the gatekeepers in my reports, I said in person. Most of the book consists of her explaining how she headed a kind of shadow White House dedicated to keeping the country in some form of lockdown for as long as possible. In her telling, she was the center of everything, the only person truly correct about all things, given cover by the VP and assisted by a handful of co-conspirators..  Largely missing from the narrative is any discussion of the science gathering outside the bubble she so carefully cultivated. Whereas anyone could have noted the studies pouring out from February onward that threw cold water on her entire paradigm – not to mention 15 years, or make that 50 years, or perhaps 100 years of warnings against such a reaction – from scientists all over the world with vastly more experience and knowledge than she. She cared nothing about it, and evidently still does not.  It’s very clear that Birx had almost no contact with any serious scientist who disputed the draconian response, not even John Iaonnidis who explained as early as March 17, 2020, that this approach was madness. But she didn’t care: she was convinced that she was in the right, or, at least, was acting on behalf of people and interests who would keep her safe from persecution or prosecution.  For those interested, Chapter 8 provides a weird look into her first real scientific challenge: the seroprevalence study by Jayanta Bhattacharya published April 22, 2020. It demonstrated that the infection fatality rate – because infections and recovery was far more prevalent than Birx and Fauci were saying – was more in line with what one might expect from a severe flu but with a much more focused demographic impact. Bhattacharya’s paper revealed that the pathogen eluded all controls and would likely become endemic as every respiratory virus before. She took one look and concluded that the study had unnamed “fundamental flaws in logic and methodology” and “damaged the cause of public health at this crucial moment in the pandemic.”  And that’s it: that’s Birx grappling with science. Meanwhile, the article was published in the International Journal of Epidemiology and has over 700 citations. She saw all differences of opinion as an opportunity to go on the attack in order to intensify her cherished commitment to the lockdown paradigm.  Even now, with scientists the world over in outrage, with citizens furious at their governments, with governments falling, with regimes toppling and anger reaching a fevered pitch, while studies pour out by the day showing that lockdowns made no difference and that open societies at least protected their educational systems and economies, she is unmoved. It’s not even clear she is aware. Birx dismisses all contrary cases such as Sweden: Americans could not take that route because we are too unhealthy. South Dakota: rural and backwater (Birx is still mad that the brave Governor Kristi Noem refused to meet with her). Florida: oddly and without evidence she dismisses that case as a killing field, even though its results were better than California while the population influx to the state sets new records.  Nor is she shaken by the reality that there is not one single country or territory anywhere on the planet earth that benefitted from her approach, not even her beloved China which still pursues a zero-Covid approach. As for New Zealand and Australia: she (probably wisely) doesn’t mention them at all, even though they followed the Birx approach exactly. The story of the lockdowns is a tale of Biblical proportions, at once evil and desperately sad and tragic, a story of power, scientific failure, intellectual insularity and insanity, outrageous arrogance, feudalistic impulses, mass delusion, plus political treachery and conspiracy. It is real-life horror for the ages, a tale of how the land of the free became a despotic hellscape so quickly and unexpectedly. Birx was at the center of it, confirming all of your worst fears right here in a book anyone can buy. She is so proud of her role that she dares to take all credit, fully convinced that the Trump-hating media will love and protect her perfidies from exposure and condemnation. There is no getting around Trump’s own culpability here. He never should have let her have her way. Never. It was a case of fallibility matched by ego (he has still not admitted error), but it is a case of enormous betrayal that played off presidential character flaws (like many in his income class, Trump had always been a germaphobe) that ended up wrecking hope and prosperity for billions of people for many years to come.  I’ve tried for two years to put myself in that scene at the White House that day. It’s a hothouse with only trusted souls in small rooms, and the people there in a crisis have the sense that they are running the world. Trump might have drawn on his experience running a casino in Atlantic City. The weather forecasters come to say a hurricane is on the way, so he needs to shut it down. He doesn’t want to but agrees in order to do the right thing.  Was this his thinking? Perhaps. Perhaps too someone told him that China’s President Xi Jinping managed to crush the virus with lockdowns so he can too, just as the WHO said in its February 26 report. It’s also difficult in that environment to avoid the rush of omnipotence, temporarily oblivious to the reality that your decision would affect life from Maine to Florida to California. It was a catastrophic and lawless decision based on pretense and folly.  What followed seems inevitable in retrospect. The economic crisis, inflation, the broken lives, the desperation, the lost rights and lost hopes, and now the growing hunger and demoralization and educational losses and cultural destruction, all of it came in the wake of these fateful days. Every day in this country, even two and a half years later, judges are struggling to regain control and revitalize the Constitution after this disaster.  The plotters usually admit it in the end, taking credit, like criminals who cannot resist returning to the scene of the crime. This is what Dr. Birx has done in her book. But there are clearly limits to her transparency. She never explains the real reason for her resignation – even though it is known the world over – pretending like the entire Thanksgiving fiasco never happened and thus attempting to write it out of the history book that she wrote.  There is so much more to say and I hope this is one review of many because the book is absolutely packed with shocking passages. And yet her 525-page book, now selling at a 50% discount, does not contain a single citation to a single scientific study, paper, monograph, article, or book. It has zero footnotes. It offers no go-to authorities and displays not even a hint of humility that would normally be part of any actual scientific account.  And it nowhere offers an honest reckoning for what her influence over the White House and the states foisted on this country and on the world. As the country masks up yet again for a new variant, and is gradually being groomed for another round of disease panic, she can collect whatever royalties come from sales of her book while working at her new gig, a consultant to a company that makes air purifiers (ActivePure). In this latter role, she makes a greater contribution to public health than anything she did while she held the reins of power.  Tyler Durden Sun, 07/17/2022 - 22:30.....»»

Category: blogSource: zerohedgeJul 18th, 2022

How Democrats who aren"t named Joe Biden are running for president — without running for president

Democratic politicians have made moves that suggest they're keeping their options open about running for president — just in case Biden decides not to run. President Joe Biden motions while boarding Air Force One at Los Angeles International Airport after attending the Summit of the Americas in Los Angeles on June 11, 2022.AP Photo/Evan Vucci Joe Biden plans to seek reelection in 2024, even though voters are souring on him. Democrats aren't expected to primary Biden, but questions linger about a backup plan. Would-be candidates have been seeking the national spotlight.  President Joe Biden has been clear that he plans to run for a second term in 2024. His political team is even getting ready for a spring reelection announcement, according to the Washington Post. But that hasn't stopped the "will he really?" chatter, particularly after a New York Times poll found that 61% of Democrats said they hoped someone other than Biden would be their nominee in 2024, largely because of his age and job performance.Democratic insiders are questioning whether Biden, 79, can mount a vigorous campaign in 2024 — especially if former President Donald Trump decides to run again.Despite the doubts, Biden is not expected to face a primary challenge given that it would would alienate other people in the party as well as the donor class, said Mark Jones, Rice University political science professor and Baker Institute fellow. "The norm is that you do not challenge a sitting president from your party," Jones said. "That's a major political faux pas. It either isn't done, or if it is done it's done more for political ambition — not to actually win, but to put the spotlight on yourself for other reasons." A key factor helping Biden's staying power is Trump. The New York Times poll found that Biden would be favored to win in another contest against Trump. "The belief is Biden beat Trump before, he can beat him again," Jones said. If a Democrat were to try to primary Biden — and weaken him in the process — then that person would be blamed if a Republican, even Trump, were to win in 2024. But none of these factors rule out politicians' making under-the-radar moves. If Biden somehow reverses his plans, that'll mean the party will need to find a backup. Some ways that candidates begin to test the field through "invisible primaries" are by campaigning for other Democrats to build loyalty, particularly in swing districts. They also may appear at events in potential early voting states and offer noncommittal responses about whether they'll support Biden in 2024, said Shawn Donahue, a University at Buffalo assistant professor of political science.  Other ways are through grabbing headlines through weighing in on national debates, holding leadership roles in the party, and raising huge sums particularly from out-of-staters. In the case of governors interested in the White House, they'll need to crush the opposition if they're up for reelection this year, in November. "There will be a host of people who want to be waiting in the wings so the moment Biden says he's not running they can sort of jump in," Jones said. Even if Biden doesn't change his mind, 2028 isn't much further off. Here are 15 politicians who are taking actions or gaining interest that might position them for a 2024 White House run if Biden changes his mind: Vice President Kamala HarrisVice President Kamala Harris previously was a US senator representing California, and before that, was California's attorney general.Mateusz Wlodarczyk/NurPhoto via Getty ImagesHarris, 57, is the standard-bearer for Democrats if Biden bows out of a 2024 contest. Should Harris win, she would become the first woman and first woman of color to become president. Any Democrats running against Biden, or against Harris, would be perceived as trying to jump ahead of a historic nominee. "It's the rare person that's going to defect on Biden, because if you do that, you're also defecting on Kamala Harris," Jones said. "You're alienating the president of the US and a substantial coalition in the Democratic party: Women and people of color." Harris has leaned into the abortion fight ever since the Supreme Court overturned Roe v. Wade. She also headlined a Democratic fundraiser in South Carolina in June. On top of that, Harris has the blessing of House Majority Whip Jim Clyburn, whose endorsement is key for South Carolina."Right now, I'm for Biden, and second, I'm for Harris," Clyburn told The Wall Street Journal in June. There's also a recent positive data point for a Harris-led ticket. If the Republican nominee is Florida Gov. Ron DeSantis — who's gaining ground on Trump in polls — then Harris has the edge in winning, according to a Harvard-CAPS Harris poll conducted in March. After herself running for president during Election 2020 but withdrawing before the primaries began, Harris has said she expects to run in 2024 — as Biden's running mate. Still, her approval ratings have been lower than Biden's and she has faced criticism, including from Republicans, after media interviews. The White House also handed Harris a contentious set of policy issues that included immigration policy, police reform, and voting rights. Transportation Secretary Pete ButtigiegTransportation Secretary Pete Buttigieg was the former mayor of South Bend, Indiana.Patrick Semansky/AP PhotoBesides Harris, Buttigieg, 40, is the only other Democratic presidential candidate who unsuccessfully ran in the 2020 primary but landed a job in Biden's administration.And serving as Department of Transportation secretary has given Buttigieg loads of visibility with the public — he travels all over the US and holds the purse strings for $500 billion in new spending on roads, bridges, and railways as part of the bipartisan infrastructure package Biden signed into law.Buttigieg frequently participates in national and local media interviews, where he has impressed insiders with his handling of difficult questions. All of his work provides solid groundwork for another future White House run. "He has the advantage that he's doing all that on Biden's behalf," Jones said. "He can essentially have his cake and eat it too, because he can be seen as serving Biden until the day Biden isn't running anymore." Insider reported in October 2021 that Buttigieg's donors from his 2020 presidential bid would like to see him run in 2024. Still, Buttigieg, the first openly gay cabinet secretary to be Senate-confirmed, is relatively inexperienced compared to other potential Democratic candidates.California Gov. Gavin NewsomCalifornia Gov. Gavin Newsom previously was mayor of San Francisco.Rich Pedroncelli/APNewsom, 54, told the San Francisco Chronicle editorial board in May that he had "sub-zero interest" in running for president, and in DC on Wednesday, he told reporters he supported Biden in 2024. At the same time, Newsom, a progressive, has taken several actions that raise his national profile. He has been a leading national voice bashing conservative Republicans, particularly on guns, abortion, and LGBTQ rights. He even called out his own party on abortion. "Why aren't we standing up more firmly, more resolutely?" he said after the Supreme Court struck down Roe. More 2024 speculation rose after his campaign took the unusual move of airing an ad in Florida attacking DeSantis. Back in 2021, he'd gone on "The Late Late Show" with James Corden to attack DeSantis on his coronavirus policies.All of this raises questions about whether he someday expects to face off against DeSantis for the White House. But Newsom also has liabilities, including attending a private dinner at the exclusive restaurant, The French Laundry, even as he discouraged Californians from getting together during the coronavirus pandemic. Curiously, Newsom was once married to attorney Kimberly Guilfoyle, who is now engaged to Trump's son Donald Trump Jr.Newsom survived a recall in September and is expected to get reelected in November. Illinois Gov. J.B. PritzkerIllinois Gov. J.B. Pritzker is a billionaire and heir of the Hyatt Hotels fortune.John O'Connor, File/AP PhotoPritzker, 57, stoked presidential chatter after delivering vociferous speeches, one in support of abortion rights and another in the wake of the mass shooting in Highland Park, Illinois. The speeches gained national coverage given that many Democrats saw the governor delivering the type of passion they believe is necessary for the party heading into the midterms and then into 2024. Pritzker also visited New Hampshire — the first presidential primary state — in June for the state's Democratic primary convention and has donated to other Democratic candidates. He'll be the keynote speaker at a July gala for Florida Democrats in Tampa. That'll put him right in DeSantis' home state. Pritzker is a billionaire and heir of the Hyatt Hotels fortune who has given millions to his own reelection campaign. In November, he'll face off against GOP state Sen. Darren Bailey. Pritzker told CNN's Jake Tapper on Sunday that he would support Biden if he were to run again.Independent Sen. Bernie Sanders of VermontSen Bernie Sanders has run for president twice before.Anna Moneymaker/Getty ImagesSanders, 80, has told CNN he wouldn't primary Biden in a 2024 contest and that would support the president if he runs. But Sanders' aides wrote a memo earlier this year saying he hasn't closed the door on seeking the White House if there's an open primary. Sanders continues to grab headlines on Capitol Hill. He also travels all over the US including a trip to Iowa in June when he rallied support for United Auto Workers who were on strike.Sanders, an independent, has twice sought the Democratic nomination for president and lost, though he stunned Democrats with his performance and grassroots support, and decidedly shifted the party left. Should the third time be the charm for Sanders in 2024, then he would be 83 by Inauguration Day 2025, just a year older than Biden would be.Sanders has overcome murmurings about his health before: He had a heart attack when he ran for president in 2020 but was still the runner up to Biden. Rep. Ro Khanna of CaliforniaRep. Ro Khanna was deputy assistant secretary in the Department of Commerce under then-President Barack Obama.Jacquelyn Martin/AP PhotoProgressives have been pushing for Khanna, 45, to seek the White House if Biden bows out in 2024, according to Politico. Khanna has told CNN that he would not challenge Biden, and he's mostly seen as the standard bearer of the progressive movement who'll come after Sanders. Khanna co-chaired Sanders' 2020 presidential campaign, which allowed him to spend time in early voting states. As a representative, he's been able to help secure tech jobs to some of those same states. He also wrote a book — "Dignity in the Digital Age: Making Tech Work for All of Us" — which handed him high-profile interviews on late night shows. Presidential candidates generally write books about their lives or visions for America as a way to help introduce themselves to the public. Khanna is the son of Indian immigrants. His wife's multimillion-dollar fortune makes him one of the wealthiest members of Congress.Michigan Gov. Gretchen WhitmerGov. Gretchen Whitmer was previously in the Michigan legislature.Chip Somodevilla/Getty ImagesWhitmer, 50, told NBC News in June that she wouldn't weigh in on whether Biden should run for president in 2024 but that she'd back him if he did. She also said it was "flattering" that NBC would ask whether she would consider running for the White House. Whitmer gained a national profile when she fought Republicans in Michigan's state legislature to impose strict coronavirus restrictions. She's been a consistent supporter of the Biden administration. And like several other politicians who've gained prominence in recent weeks, she has taken a forceful approach to protecting abortion rights. Donahue of the University at Buffalo said that, particularly after the Supreme Court decision, Democratic voters were yearning for fighters. "Whitmer has shown she's a really strong fighter on the abortion issue, but she can also say, 'I'm electable,'" he said. Whitmer is up for reelection in November and was considered to be on shortlist for vice president. But not all the coverage she's received has been positive. Whitmer has received blowback for violating the state's coronavirus measures, despite her push for strong regulations.Sen. Amy Klobuchar of MinnesotaSenator Amy Klobuchar has been in the US Senate since 2007.Chip Somodevilla/Getty ImagesKlobuchar, 62, frequently appears on news lists predicting she would have strength in a 2024 Democratic primary.In 2020, she clinched the enviable endorsement of the New York Times editorial page, which passed on Biden in part because of his age. Last March, Klobuchar was featured at a Democratic dinner in New Hampshire. But it's not clear how she might break through against other similar candidates if Democrats in 2024 conducted a wide-open primary. "If you have Whitmer, Klobuchar, and Buttigieg then you have three kind of pragmatic Midwesterners all in one race, so you wonder how that would operate," Donahue said. Sen. Cory Booker of New JerseySen. Cory Booker of New Jersey was formerly the mayor of Newark.AP Photo/Amanda Andrade-RhoadesBooker, 53, didn't get very far when he ran for president in 2020. But having run once before could give him the experience he needs to give it another shot.He hasn't left the national spotlight: Booker was a prominent defender of now-Justice Ketanji Brown Jackson as she was being confirmed to the Supreme Court, and has also partnered with Senate Majority Leader Chuck Schumer on a sweeping cannabis reform proposal. In December 2021, he headlined a Democratic fundraiser in New Hampshire.Georgia gubernatorial candidate Stacey AbramsStacey Abrams previously served as the Democratic Minority Leader in the Georgia House of Representatives.AP Photo/Akili-Casundria RamsessAbrams, 48, is a Democratic star who has said she "absolutely" has the ambition to be president one day.In an interview with Cosmopolitan, she indicated 2028 would be her year, although earlier this year, Abrams made a cameo on "Star Trek: Discovery" as president of futuristic United Earth. Back in the present, Abrams is widely seen as an effective advocate on voting rights who helped Biden secure a victory in Georgia, as well as a majority in the Senate.Abrams was on Biden's running-mate shortlist before she announced she'd run for governor in Georgia in 2022. If she wins, she'll be the first Black woman governor in the United States.Abrams has a huge out-of-state fundraising base that could help her on the national stage, but first she has to win decidedly in November in her rematch against Georgia Gov. Brian Kemp, a Republican.The race is one of the most hotly contested in the country, and if Abrams loses, it'll be a second high-profile defeat in a row for her, having lost to Kemp in 2018.  North Carolina Gov. Roy CooperNorth Carolina Gov. Roy Cooper has drawn parallels to former President Jimmy Carter.Ben McKeown, file/AP PhotoCooper, 65, has managed to get elected twice in a red state, which tends to be bonus for candidates aspiring to the national stage.While some of Cooper's actions have received national attention — including an executive order on paid parental leave and helping to repeal a transphobic bathroom bill — he hasn't clamored for the spotlight like some other governors have. Still, his job leading the Democratic Governors Association has helped him connect with big donors as he works to help elect Democratic candidates for governor all over the United StatesCooper told reporters in December that he would support Biden's reelection and that he thought a Biden 2024 ticket was in the best interest of the party.   New Jersey Gov. Phil MurphyNew Jersey Gov. Phil Murphy speaks at an international offshore wind conference in Atlantic City, New Jersey, on April 28, 2022.Wayne Parry/AP PhotoMurphy, 64, has tamped down speculation that he'll run for president in an interview with NJ Advance Media."I'm not running," he said. "Jesus, lord, help me."But he's seen as having national aspirations after the launch of Stronger Fairer Forward, a super PAC and nonprofit chaired by his wife. The group is running ads in New Jersey telling Murphy's life's story and promoting his tax relief measures aimed at fighting inflation. Murphy is also poised to lead the Democratic Governor's Association after Cooper, in 2023, and has held the role once before. Murphy logged a major win when he was reelected governor in 2021, but he just squeaked by. Most of his voters also don't think he'd make a good president, according to a Monmouth University Poll released in April.Colorado Gov. Jared PolisColorado Gov. Jared Polis was previously a US House representative.David Zalubowski, File/AP PhotoPolis, 47, recently told the National Journal that he had "no interest" in running for any office aside from the one he has, and told the Denver Post that he wants to stay in Colorado. He'll be up for reelection in November. But Polis has gotten a good deal of national attention. He stands apart from other Democratic governors by rejecting the efficacy of mask mandates as a way to prevent surges in COVID-19. (His team said the national coverage was aimed at stressing the efficacy of vaccines.)Polis founded ProFlowers and is a multimillionaire who has contributed money to his own campaigns. Polis, who is the first openly gay governor of Colorado, has been polling well in his state. While he's often cast a progressive, he's also seen as having unique positions on several issues, given his more hands-off approach to COVID and his calling for ending Colorado's state income tax.Sen. Elizabeth Warren of MassachusettsSen. Elizabeth Warren ran for the 2020 Democratic nomination for president. She's a former professor at Harvard Law School who proposed and helped create the Consumer Financial Protection Bureau.Tom Williams/CQ-Roll Call, Inc via Getty ImagesWarren, 73, has already said she's running in 2024 — but for a third term in the Senate. "I'm not running for president in 2024. I'm running for Senate," she said in April on NBC's Meet the Press. "President Biden is running for reelection in 2024, and I'm supporting him."Still, it's no secret that Warren would be interested in becoming president given that she sought the White House in 2020. Warren continues to gain national coverage, including by urging the Biden administration for stronger action. She has pushed Democrats to pass as much of their agenda as they can before November.Most recently she presented a menu of options for officials to consider to protect abortion rights after the Supreme Court overturned Roe. She also continues to have a national network of supporters and donors.  Sen. Sherrod Brown of OhioDemocratic Sen. Sherrod Brown of Ohio has been in the US Senate since 2007.Bill O'Leary/Pool via REUTERSBrown, 69, hasn't gotten the same kinds of questions about running for president as some others on this list, and he hasn't taken any actions that might raise eyebrows about whether he's considering the White House. But Democrats do have their eyes on him because he considered running for president in 2020 and even toured early primary states. Ultimately, however, he decided against joining what turned out to be a crowded field. Brown would face a challenging question should he consider running for president in 2024. That's the year he's up for reelection in Ohio. Should he run and not win the Democratic nomination, it might be difficult for him to jump back into the race to keep his Senate seat. Brown gets a lot of attention for being a successful Democrat in red-shifting Ohio, and he was considered a potential running mate for Hillary Clinton in 2016. Read the original article on Business Insider.....»»

Category: personnelSource: nytJul 17th, 2022

Top Analyst Reports for Novo Nordisk, Intel & Qualcomm

Today's Research Daily features new research reports on 16 major stocks, including Novo Nordisk A/S (NVO), Intel Corporation (INTC), and Qualcomm Inc. (QCOM). Tuesday, July 5, 2022 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Novo Nordisk A/S (NVO), Intel Corp. (INTC), and Qualcomm Inc. (QCOM). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today’s research reports here >>>Novo Nordisk shares have outperformed the Zacks Large Cap Pharmaceuticals industry over the past year (+32.6% vs. +20.1%) on the back of the company’s promising diabetes drug, Ozempic. The Zacks analyst has described the Rybelsus launch as further strengthening Novo Nordisk's best-in-class diabetes portfolio. Ozempic, Rybelsus, Xultophy and Saxenda have been helping the company maintain momentum. Label expansion of these existing drugs is expected to boost sales. However, lower realized prices in the U.S., loss of exclusivity for products and stiff competition are affecting sales totals. Patent expiration on some of the products in Novo Nordisk’s portfolio is a concern. Sales continue to be negatively impacted by the Covid pandemic. Supply challenges for Wegovy have also hurt the stock.(You can read the full research report on Novo Nordisk here >>>)Intel shares have declined -28.3% year to date versus the Zacks Semiconductor - General industry’s decline of -41.6%. The chip-making major reaffirmed its earlier guidance for 2022 despite short-term headwinds, as it expects demand to pick up in the second half of the year. The company is riding on prospects of the Internet of Things and Mobileye businesses. Mobileye growth should be driven by design wins amid a recovering auto industry. Recovery in the enterprise business of the data center segment is a positive. Intel is developing more integrated solutions that will likely be competitive on a cost-per-watt basis while offering customized solutions for bigger firms.(You can read the full research report on Intel here >>>)Qualcomm shares have declined -10.9% over the past year against the Zacks Wireless Equipment industry’s decline of -16.7%. The company faces intense competition from low-cost chip manufacturers. High research and development costs are expected to dent margins, while the global chip shortage due to supply-chain disruptions is a headwind. It is susceptible to risks arising from lower handset shipments, especially in China.However, Qualcomm is focused on retaining its leadership in 5G and the chipset market, delivering low-power resilient multi-gigabit connectivity with best-in-class security. It is witnessing healthy traction in EDGE networking solutions across diverse sectors. The buyout of Arriver will bolster its ability to deliver fully integrated Advanced Driver Assistance System solutions to automakers. The company is well-positioned to benefit from solid 5G traction with greater visibility and diversified businesses to meet its long-term revenue targets.(You can read the full research report on Qcom here >>>)Other noteworthy reports we are featuring today include T-Mobile US, Inc. (TMUS), Blackstone Inc. (BX), and Sony Group Corp. (SONY). Mark VickerySenior Editor Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>Today's Must ReadNovo Nordisk (NVO) Rides High on Robust Diabetes Drugs SalesIntel (INTC) Rides on Diversified Portfolio, Holistic GrowthQualcomm (QCOM) Rides on 5G Traction, Portfolio StrengthFeatured ReportsSONY to Gain from Brand Focus & Improving G&NS Segment SalesPer the Zacks analyst, Sony's focus on the premium segment of the branded products market to boost growth is a tailwind. The company expects G&NS Segment sales to be driven by higher hardware sales.Business Model Revamp Aids Mitsubishi (MUFG), Costs AilPer the Zacks analyst, Mitsubishi UFJ's up-gradation and reformation of its business model will improve profitability. Yet, higher salaries are likely to inflate costs and impede bottom-line growth.TC Energy's (TRP) C$24B Growth Projects to Boost EarningsThe Zacks analyst believes that TC Energy's C$24 billion of growth projects should support its earnings and dividend payouts but is worried over the massive debt of around C37 billion.Favorable Budget Aids L3Harris (LHX), Poor Air Travel WoesPer the Zacks analyst, increased budgetary provision for defense spending boost growth prospects for L3Harris Technologies. Yet poor air travel data may continue to hurt the stock.AutoZone (AZO) Gains on DIY Unit, Revenue, Supply Woes HurtPer the Zacks analyst, AutoZone's DIY unit is reaping profits. Its impressive revenues fuel long-term prospects. But, supply chain issues along with chip crisis are likely to clip margins and growth.Solid Liquidity Aids Paychex (PAYX) Despite Talent Cost WoesThe Zacks analyst is optimistic about Paychex's gradual increase in current ratio and investor-friendly steps. However, rising talent costs due to competition are a headwind.Fastenal (FAST) Gains From E-Commerce, Inflation HurtsPer the Zacks analyst, continued enhancement of daily sales through e-commerce will drive Fastenal's growth. However, inflationary pressures, tight supply chains and labor shortages are risks.New UpgradesT-Mobile (TMUS) Likely to Benefit From Extensive 5G CoveragePer the Zacks analyst, T-Mobile remains poised to gain from extensive 5G coverage and improved 5G Home Internet services across the country and has raised the guidance for 2022 across the board.Blackstone (BX) Poised for Asset Growth Driven by InflowsPer the Zacks analyst, continued net inflows will keep aiding Blackstone's assets under management. Its diversified products and superiority in the alternative investments space will support top line.Pediatrix Medical's (MD) Strategic Buyouts, Telehealth AidPer the Zacks analyst, Pediatrix Medical's strategic acquisitions boost its footprint and service offerings across markets. Also, its expanding telehealth services will continue driving profits.New DowngradesRenaissanceRe (RNR) Continues to Grapple With High Cat LossPer the Zacks analyst, the property & casualty (P&C) insurer remains susceptible to several catastrophic events, which impact its underwriting results. Higher expenses are woes.Rising Costs, Supply-Chain Issues Irk Tandem Diabetes (TNDM)The Zacks analyst is concerned about Tandem Diabetes' escalating operating expenses which are weighing on its bottom line. Global supply-chain headwinds also continue challenge the company.Soft Garden Segment to Hurt Central Garden's (CENT) SalesPer the Zacks analyst, tough operating environment and softness in the Garden portfolio are likely to hurt Central Garden & Pet Company's sales. As a result, management cut fiscal 2022 earnings view. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report Blackstone Inc. (BX): Free Stock Analysis Report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report Novo Nordisk AS (NVO): Free Stock Analysis Report TMobile US, Inc. (TMUS): Free Stock Analysis Report Sony Corporation (SONY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJul 5th, 2022

Hillary Clinton says a 2024 presidential campaign is "out of the question", asserts it would be "very disruptive" to challenge Biden

"First of all, I expect Biden to run. He certainly intends to run. It would be very disruptive to challenge that," she told the Financial Times. Former Secretary of State Hillary Clinton.Paul Morigi/Getty Images Hillary Clinton in a recent interview with the Financial Times ruled out a 2024 presidential bid. "No, out of the question," she told the newspaper, pointing to Biden's desire to run for reelection. A recent NYT report detailed how some Democrats are weighing whether to back Biden in 2024. Former Secretary of State Hillary Clinton in an interview published on Friday ruled out a 2024 presidential campaign, saying that her entry into the race is "out of the question."While speaking with the Financial Times, the former first lady and US senator said that she expected President Joe Biden to stand for reelection in two years. When asked if she could view herself launching a campaign — after unsuccessfully challenging Barack Obama for the Democratic nomination in 2008 and losing the general election to Donald Trump in 2016 — Clinton quickly waved off such a proposition."No, out of the question," she said.She continued: "First of all, I expect Biden to run. He certainly intends to run. It would be very disruptive to challenge that."Biden has said publicly and privately said that he intends to run for reelection in 2024.However, a recent New York Times report detailed that some Democrats have expressed concerns about Biden's standing among the general public as his approval ratings continue to sag and the party faces a difficult midterm climate where Republicans are set to make major gains in Congress.Some have raised questions about Biden's age — he is currently 79 years old and would be 86 at the end of his second term if he wins reelection — in expressing doubt in whether he will go through with a campaign.If Biden doesn't run, Vice President Kamala Harris would be a natural successor, but after her 2020 presidential campaign fizzled before the Iowa caucus and New Hampshire primary, some Democrats might look elsewhere for a candidate.After a rocky first year in office, Harris' political team sought a reset; several aides have departed the vice president's office in recent months and she brought on longtime Democratic strategist Jamal Simmons to serve as her communications director.Politicians who could potentially be in the mix in the event that Biden chooses not to run in 2024 include Transportation Secretary Pete Buttigieg; Sens. Elizabeth Warren of Massachusetts, Amy Klobuchar of Minnesota, Cory Booker of New Jersey, and Bernie Sanders of Vermont; and Govs. Gretchen Whitmer of Michigan, Roy Cooper of North Carolina, and J.B. Pritzker of Illinois.Clinton later in the interview said she feels Trump will run for president again if he is up for a third White House bid."I think if he can he's going to run again," she told the Financial Times. "Follow the money with Trump — he's raised about $130 million sitting in his bank account that he used to travel around, to fund organising against elections ... I don't know who will challenge him in the Republican primary."Read the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 19th, 2022

I took back-to-back flights on Delta"s Airbus A321neo and an older model. The new plane is a huge upgrade.

Delta's Airbus A321neo comes with comfier memory-foam seats and a completely redesigned first-class cabin. It made my flight a breeze. Jennifer Bradley Franklin I recently flew Delta's newest passenger plane, the Airbus A321neo. It has a completely redesigned first-class cabin. Afterward, I flew home in an economy seat on the A321neo's predecessor, the A321ceo.  The A321neo is plush and futuristic — but for my flight from Boston to Atlanta, I was perfectly happy in an economy seat on the older plane. Delta introduced its new Airbus A321neo to the public on May 20, 2022, flying from Boston to San Francisco.The Airbus A321neo.DeltaMore transcontinental routes are planned in the coming months. I got to check it out in first class on a "ferry flight" to move the first plane from Delta's Atlanta headquarters to Boston.Jennifer Bradley FranklinBut I didn’t stop there. On the way back, I flew economy on the old plane — the A321ceo — to see how different the experience was.The Delta gate.Jennifer Bradley FranklinThough it's hard to really "see" the difference, the narrowbody A321neo planes are 20% more fuel efficient than the A321ceo. They're powered by Pratt & Whitney GTF engines.The Airbus A321neo.DeltaWalking down the jet bridge to Delta's new A321neo is basically the same experience as on other planes, but as soon as you can see inside, the refreshed overhead lighting design is a clue to how many upgrades you're about to see.The Airbus A321neo.Jennifer FranklinUpgrading the first-class cabin aboard the A321neo was a major focus, and the changes are apparent immediately.Jennifer Bradley FranklinThe seats have futuristic-looking "wings" on either side of the headrest to afford passengers additional privacy.The Airbus A321neo.DeltaThe new design is the product of five years of customer and flight attendant focus groups and intense work by the airline's in-house design team.Jennifer Bradley FranklinI took some time to explore the rest of the A321neo. It has one lavatory in front of the first-class cabin (behind the cockpit), one between first class and Comfort+, and two in the rear of the plane (behind economy).Jennifer Bradley FranklinAll seats have built-in entertainment monitors and upgraded memory-foam cushions.The Airbus A321neo.DeltaThe attractive ambient lighting extends through the whole cabin, which consists of 20 first-class, 42 Comfort+, and 132 economy seats for a total of 194.The Airbus A321neo.DeltaBecause the flight I took wasn't open to the public, I had an entire row to myself. The new first-class seat design is focused on increased privacy, storage, and space.The Airbus A321neo.DeltaI found everything — from the placement of storage compartments and plugs to the generous 21-inch seat width and high-definition 13-inch monitor for on-demand entertainment — to be smart and thoughtful.Jennifer Bradley FranklinOverhead bin space in Delta's new A321neo is noticeably roomy, featuring Airspace XL overhead bins, which hold 60% more luggage (as compared to the A321ceos) across all cabins.The Airbus A321neo.Jennifer FranklinThe doors open upwards. It's a subtle change, but closing them doesn't require a passenger or flight attendant to push a downward-opening bin door upward with weighty luggage inside. Shorter passengers (say, under 5-foot-6) might find it challenging to reach the open door.Jennifer Bradley FranklinThe in-flight experience aboard the new A321neo seems quieter, so it's easier to hear announcements by the crew.The Airbus A321neo.Jennifer FranklinEach first-class seat on the new Delta A321neo has a bi-fold tray that opens from a compartment alongside the seat.Jennifer Bradley FranklinThe tray measures a generous 22 inches by 10 inches. That's plenty of space to hold a 13-inch computer plus a meal or snack.The Airbus A321neo.Jennifer FranklinEach of the redesigned first-class seats comes with a roomy floor cubby that's big enough to comfortably hold a computer, notebook, e-reader, and more.The Airbus A321neo.Jennifer FranklinIt's a smart design solution that means passengers' essentials are within easy reach.Jennifer Bradley FranklinIn Delta's A321neo's new first class, the leather-covered headrests adjust up and down and may be bent to cradle to cradle your neck. They may be plush enough to replace a travel pillow for some passengers.The Airbus A321neo.Jennifer FranklinEach first-class seat aboard the new A321neo has two USB-A outlets and a universal power outlet plus a built-in mobile device holder so passengers can charge their devices without concern that they might be misplaced.The Airbus A321neo.Jennifer FranklinDelta's A321neo's new first class also has a fixed tray in between each pair of seats. It's a perfect spot for water bottles or any other drinks you choose while in the air.The Airbus A321neo.Jennifer Bradley FranklinThe 13-inch high-definition screens can be angled so you can adjust them if the person in front of you reclines, making it easy to watch Delta Studio's more than 1,000 hours of in-flight entertainment.The Airbus A321neo.Jennifer Bradley FranklinFirst-class seats aboard Delta's A321neo have five inches of recline, but sadly, the footrests are stationary.Jennifer Bradley FranklinEach first-class row has a privacy divider in between the forward seats, the base of which features a leather-covered ledge.Jennifer Bradley FranklinThe leather offers just enough grip, so you can rest a small item or mobile device.The Airbus A321neo.Jennifer FranklinDelta's new A321neo's ambient lighting can be adjusted for different phases of the flight, from boarding to meal service to deplaning.The Airbus A321ceo.Jennifer Bradley FranklinThe lighting above the overhead bins draws your eyes upward and makes the ceilings appear taller somehow.The Airbus A321neo.Jennifer FranklinEach of the 42 Comfort+ seats aboard Delta's new A321neo measure 18 inches wide and have 34 inches of pitch, an upgrade over the 31 inches of pitch in standard economy seats.The Airbus A321neo.Jennifer FranklinFor domestic long-haul flights, that extra space could make a significant difference.DeltaThe smart privacy "wings" in Delta's A321neo's new first-class cabin really do block other guests from view.The Airbus A321neo.Jennifer Bradley FranklinThe A321neo features Delta's fastest wifi connection across all cabins, and guests can enjoy $5-per-device streaming internet access. If you don't spring for wifi, you can still use Delta's free option for text messages.The Airbus A321neo.Jennifer FranklinBetween the fast wifi, the roomy seat and the generous bi-fold tray, I found it easy to get some work done in the air.The Airbus A321neo.Jennifer Bradley FranklinOverall, it was a comfortable experience. I could envision enjoying a domestic long-haul flight in one of these seats.Jennifer Bradley FranklinWhen I deplaned from the A321neo in Boston, I made a beeline to catch my flight home to Atlanta aboard Delta's A321ceo, an aircraft that Delta's been operating since 2016.The Airbus A321ceo.Jennifer Bradley FranklinDelta's A321ceo has 20 first-class, 29 Comfort+, and 142 main-cabin seats for a total of 191.Delta Airbus A321 interior 2.DeltaBoarding the A321ceo was almost an identical experience to boarding the A321neo. I even had the same crew on my flight home.The Airbus A321ceo.Jennifer Bradley FranklinOne of the notable differences between the two aircrafts in any cabin is that the A321ceo doesn't have the same plush yet firm memory-foam that the A321neo does. It was fine on my short flight from Boston to Atlanta, but I can see missing the extra cushion on a longer-haul flight.The Airbus A321ceo.Jennifer Bradley FranklinThis plane's configuration is slightly different. Both the A321neo and A321ceo have a lavatory ahead of first class (behind the cockpit) and two in the rear (behind economy).The Airbus A321ceo.Jennifer Bradley FranklinHowever, the A321neo has a restroom behind first-class (ahead of Comfort+), while the A321ceo has one in the middle of the economy cabin.Jennifer Bradley FranklinI was fortunate to score an exit row and bulkhead seat, 26A, on my sold-out flight from Boston to Atlanta. That position gave me plenty of extra leg room.The Airbus A321ceo.Jennifer Bradley FranklinThe bulkhead and exit row seat meant that there were only two seats on my side of the aisle, rather than the typical three in economy aboard the A321ceo.The Airbus A321ceo.Jennifer Bradley FranklinI immediately missed the artistic lighting and the roomier overhead bins, though this plane's storage was more than adequate for my small carry-on.The Airbus A321ceo.Jennifer Bradley FranklinMy seatmate had trouble locating his under-seat power outlet, so he had to ask a flight attendant. It made me miss the convenient plug placement in the A321neo's first-class seats.The Airbus A321ceo.Jennifer Bradley FranklinOne downside of a bulkhead seat is that you can't store anything underneath the seat ahead of you, since there isn't one. I was positioned directly behind the lavatory, but I appreciated the extra legroom.The Airbus A321ceo.Jennifer Bradley FranklinIn addition to Delta's complimentary in-flight entertainment, the company has also started offering gratis headphones to all passengers, no matter the cabin they're seated in.The Airbus A321ceo.Jennifer Bradley FranklinI happily accepted the complimentary headphones, as I forgot my go-to pair for this trip.The Airbus A321ceo.Jennifer Bradley FranklinI appreciated my seat's power plug, but there was nowhere to rest my phone while it charged. I had to tuck it on the seat next to me, all the while missing the thoughtful phone cubby from the A321neo's first-class seats.The Airbus A321ceo.Jennifer Bradley FranklinWhile it wasn't a dramatic difference, the ambient engine noise was more noticeable in the A321ceo than in the A321neo, making it a little more challenging to hear the crew making announcements in-flight.The Airbus A321ceo.Jennifer Bradley FranklinThough it doesn't feature the same artistic lighting design on the ceiling as the A321neo, the Delta's A321ceo has LED lighting that gets adjusted during different phases of the flight.The Airbus A321ceo.Jennifer Bradley FranklinMy economy seat had a bi-fold tray that opened from my armrest. When fully open, it was large enough to accommodate my 13-inch MacBook Pro.The Airbus A321ceo.Jennifer Bradley FranklinThe tray offered ample space to have a drink and a snack during the flight.The Airbus A321ceo.Jennifer Bradley FranklinI ordered complimentary ginger ale, water, and a dark chocolate, cherry, and almond granola bar.The Airbus A321ceo.Jennifer Bradley FranklinBecause I was in a bulkhead, my monitor folded out from next to the seat.The Airbus A321ceo.Jennifer Bradley FranklinTrying to use my computer and make space for two drinks was a tight squeeze on the bi-fold tray.The Airbus A321ceo.Jennifer Bradley FranklinSwapping from the A321neo to the A321ceo was like going back in time a few years.DeltaThe A321neo's first class is noticeably more comfortable, with plush, roomy seats, extra storage, and upgraded design elements.Jennifer Bradley FranklinHowever, for my two-hour-and-20-minute flight from Boston to Atlanta, I was happy with my economy seat in the older plane.The Airbus A321ceo.Jennifer Bradley FranklinRead the original article on Business Insider.....»»

Category: topSource: businessinsiderJun 14th, 2022

Recruiting and Retention in the Face of the Great Resignation

In an industry where the options are endless as far as where an agent can choose to hang their license, having a strong recruiting and retention strategy in place is mission critical. Bringing new or experienced agents into the fold—and doing everything in your power to gain their loyalty—is an integral piece of the puzzle… The post Recruiting and Retention in the Face of the Great Resignation appeared first on RISMedia. In an industry where the options are endless as far as where an agent can choose to hang their license, having a strong recruiting and retention strategy in place is mission critical. Bringing new or experienced agents into the fold—and doing everything in your power to gain their loyalty—is an integral piece of the puzzle that can’t be overlooked, no matter the market. But what does recruiting and retention look like today as the way in which Americans view work continues to change? Is there more to the story than simply offering competitive commission splits, the latest and greatest tech tools, and training and coaching both online and in-person? Changing the script and understanding your ‘why’ For Nathan Weinberg, co-founder and principal broker of MW Real Estate in Nashville, Tennessee, nothing is off the table when it comes to recruiting/retaining agents. “Not only do we host happy hours, community events and open-house training sessions for agents across the city, we also produce videos and thoughtfully curated/targeted social media posts,” says Weinberg. “It’s all about flexibility, and while there is no magic bullet, being in as many places as you can at once makes things more effective,” he adds. Drilling down further, Weinberg goes on to explain that the firm’s recruiting and retention process consists of four main components: Attentive leadership A broad and robust suite of services Exciting and diverse training made relevant A sense of community “If you don’t create and nurture these things, you’re destined to see a fall off in your ranks over the course of time,” says Weinberg. In fact, overlooking or ignoring these aspects can have a negative effect on a firm’s ability to recruit and retain agents, which, according to Weinberg, is all it takes for agents to question whether the grass is greener elsewhere. “Loyalty doesn’t just happen, and when you’re involved in how someone is paid, loyalty isn’t equal,” notes Weinberg. “We have to demonstrate value for the money agents spend to be associated with us.” To that end, changing the script has been instrumental in MW Real Estate’s recruiting and retention playbook in light of the Great Resignation. “We have pivoted to talking about how lonely this job can be, focusing on the family that is our brokerage and sharing how being part of that family makes you a better agent and leads to more work,” says Weinberg. “We used to talk about what we offered, but now we talk about how it feels to be here.” Understanding your “why” will help strengthen the conversation even further, especially given today’s competitive market. “Agents can get all the tech tools and training they need anywhere, so being able to talk to how that training is applied, how it’s trained and how those are used matter,” says Weinberg. “Providing a more bespoke onboarding and retention experience makes people feel more special, and makes them better agents, too.” A unified voice delivering a powerful narrative At Coldwell Banker Realty, recruiting and retention is a true team effort. With 600-plus branch managers, recruiting has become a big part of the firm’s culture. In fact, 2021 was the culmination of six years of a dialed-in focus that places more emphasis on organic growth rather than the traditional acquisition. “Recruiting is a long game, and while it’s often hard to get experienced agents with production to take the time to explore the options available to them, we were able to have those conversations and get them to hear what we had to say,” says Peter Sobeck, a 2022 RISMedia Newsmaker in the Trailblazers category. The chief recruiting officer played a large part in bringing 8,000 agents through the door in just the first half of 2021 alone. “Recruiting is a balance between both the recruiting and retention part of the job,” says Sobeck. “There are times when agents come in and run out the back door, so I like to say that retention is locking the back door.” The challenge with the Great Resignation, according to Sobeck, is the fact that a lot of people were displaced—many of whom went out and reinvented themselves and began a new career. As the world began to open up again, Coldwell Banker Realty leveraged the opportunity to go out and tell their story. Firing on all cylinders, the brand’s narrative was shared far and wide, thanks to a concerted effort to reach out via multiple channels. “It’s extremely powerful to have so many people going out and singing our praises,” says Sobeck, who goes on to explain that there’s a model for every agent. “You could be sitting on a great set of assets, but unless you go out and tell people that you have them, what difference does it make?” asks Sobeck. With real estate agents typically averaging only a handful of years at any one brokerage at any given time, there’s no denying that rosters are continuously changing. But staying ahead is all about being aware of the rate of turnover within the industry and constantly bringing people in. “The only way to stay ahead is to stay on top of bringing in a steady stream of quality people you can grow, support, train and get producing, knowing that in a year or two they may break your heart,” says Sobeck. When it comes to his best advice as far as recruiting and retention is concerned, Sobeck emphasizes the importance of simply getting it done. “It sounds simple, but with so many things going on, the key is scheduling it into your calendar,” says Sobeck. “It needs to be a daily activity that’s done on a recurring basis, not something you do when you feel like it.” Providing certainty in an uncertain world “Attracting great real estate agents and helping them succeed has always been a focus at Fremont, California-based Legacy Real Estate & Associates, ERA Powered,” says Marketing Director Judi Nield, a 2022 RISMedia Newsmaker in the Futurists category. “However, we shifted our recruiting strategy and took a surgical approach to help people thrive during the global pandemic,” she adds. Inspiring people to explore a career in real estate became more important for the firm as the world shut down due to COVID-19. Deemed an essential business, Bill Aboumrad, president and broker/owner of Legacy Real Estate, hired 40-year real estate veteran Helen McNutt Gentile to come onboard as the firm’s director of talent acquisition. Working closely with the leadership team, an agent recruitment campaign was created, which generated 160 new agent leads in just six months in 2021. “The campaign spoke to people in a way that resonated with them during a time in our history when much was uncertain,” adds Nield. “The idea of a real estate career was something people could entertain and buy into as an investment for themselves for a brighter future,” she explains. “While the goal was to create dialogue, invoke curiosity and inspire action, the campaign also helped people see that they have options—and that real estate is a viable career path.” The successful enterprise was a boon as far as helping the firm combat the Great Resignation. Developing a system that worked in tandem with the campaign, Nield goes on to explain that recruits were guided through the process associated with getting their license and starting a real estate business. Better yet, the system enrolled recruits into the firm’s Apprentice Coaching program. The 14-week virtual program focused specifically on mindset, sales skills, contract review and best practices—setting the stage for success from the get-go. “All of this worked to foster renewed life, increased engagement and greater productivity among Legacy agents,” says Nield, who points to Aboumrad’s leadership as a key factor in the firm’s ability to remain open, fully staffed and operational during the global pandemic. As the future unfolds, and no matter what it brings, Nield says that the secret to recruiting and retention will always boil down to relationships. “Even when a global pandemic stunts face-to-face interactions, it’s still about relationships,” says Nield. “Align with growth-oriented people who bring out the best in others, find creative ways to bridge gaps and develop systems that focus on helping others succeed.” The post Recruiting and Retention in the Face of the Great Resignation appeared first on RISMedia......»»

Category: realestateSource: rismediaJun 10th, 2022

More Than A Third Of Traditional Hedge Funds Now Invest In Digital Assets, Nearly Double A Year Ago

Crypto hedge funds are proliferating at an accelerating pace – estimated to now number more than 300 NEW YORK, 8 June 2022 – Even with the tremendous volatility in the sector, there are many more traditional hedge funds investing in crypto and more specialist crypto funds being created as the digital asset class gains acceptance. […] Crypto hedge funds are proliferating at an accelerating pace – estimated to now number more than 300 NEW YORK, 8 June 2022 – Even with the tremendous volatility in the sector, there are many more traditional hedge funds investing in crypto and more specialist crypto funds being created as the digital asset class gains acceptance. Of traditional hedge funds surveyed, 38% are currently investing in digital assets, compared to 21% a year ago.  Meanwhile, the number of specialist crypto hedge funds is estimated to now top 300 globally, with the pace of new funds being created accelerating in the past two years. Total assets under management (AuM) of crypto hedge funds surveyed was US$4.1bn in 2021, up 8% from the year prior.  These are findings from PwC’s 4th Annual Global Crypto Hedge Fund Report 2022, produced together with the Alternative Investment Management Association (AIMA) and Elwood Asset Management (now part of CoinShares). if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Walter Schloss Series in PDF Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q1 2022 hedge fund letters, conferences and more According to the report, most traditional hedge funds getting into digital assets are still just dipping their toes – 57% have less than 1% of total AuM in digital assets.  But it is notable that for 20% of these funds, digital assets represent between 5% and 50% of AuM.  Further, two-thirds of funds (67%) currently investing in digital assets intend to deploy more capital into the asset class by the end of 2022. For specialist crypto hedge funds surveyed, the average AuM more than doubled to US$58.6mn from US$23.4mn in the previous year, while median AuM nearly tripled to US$24.5mn from US$8.5mn. From 2020 to 2021, the percentage of crypto hedge funds with AuM exceeding $20mn increased from 46% to 59%. John Garvey, Global Financial Services Leader, PwC United States, said: “The recent collapse of Terra vividly demonstrated the potential risks in digital assets.  There will continue to be volatility, but the market is maturing and with that is coming not only many more crypto-focused hedge funds and higher AuM, but also more traditional funds entering the crypto space.” Crypto Hedge Fund Performance Cools Somewhat But Continues To Be Robust Crypto hedge funds continue to achieve strong growth, despite crypto’s volatility.  According to the report, the median crypto fund returned +63.4% in 2021, though that was significantly off the +127.55% median return of 2020.  Winning trading strategies (on a median return basis) were led by discretionary long /short (+199%) followed by discretionary long only (+176%), quantitative long only (+109%), quantitative long /short (+66%) and market neutral (+26%). Most crypto hedge funds traded Bitcoin ‘BTC’ (86%) followed by Ethereum ‘ETH’ (81%), Solana ‘SOL’ (56%), Polkadot ‘DOT’ (53%), Terra ‘LUNA’ (49%) and Avalanche ‘AVAX’ (47%). Crypto hedge funds are also involved in cryptocurrency staking (46%), lending (44%) and borrowing (49%). The proportion of crypto hedge funds trading derivatives has also increased considerably, to 69%, from 56%. More Traditional Hedge Funds Invest In Crypto, But Some Remain Hesitant The number of traditional hedge fund managers not investing in digital assets is shrinking – down to 62% of respondents from 79% a year ago. Of those not currently investing, nearly a third, 29%, are in late-stage planning to invest or are looking to invest.  Still, a significant number of managers remain hesitant – 41% of those not currently investing say they are unlikely to invest for the next three years, while 31% say they are curious about digital assets but waiting for further maturation of the market. Regulatory uncertainty is a key issue for hedge funds, whether or not they are currently invested in digital assets.  Lack of regulatory and tax regime clarity was cited as a top challenge by 89% of hedge fund managers who currently invest in digital assets and for managers not currently investing in crypto, regulatory uncertainty ranked as a main obstacle by 83%. Investment Experience And Improved Governance Can Support Crypto Fund Growth Crypto-focused funds are attracting an increasing amount of investment talent, according to the report. In 2021, the average investment team size grew from 7.6 to 9.6 people.  There is also an increasing focus on operations and governance. The percentage of crypto hedge funds using an independent custodian increased in 2021 from 76% to 82%. The vast majority, 91%, of funds surveyed have hired an independent auditor. The number of funds with independent board directors also saw a marked increase to 51% in 2021, compared to 38% in 2020. In the traditional hedge fund space, managers point to a number of market infrastructure areas in need of improvements for digital asset adoption, led by audit and accounting, identified by 94%, and also including risk management and compliance (93%), ability to use digital assets as collateral (93%) and fund administration (89%). Olwyn Alexander, Global Asset and Wealth Management Leader, PwC Ireland (Republic of), said: “Increasing appetite and demand from investors has spurred interest in crypto as an asset class, spanning retail to institutional. In addition to the numerous hedge funds investing in crypto, many larger "traditional" asset managers have been exploring the crypto space, working on pilots, and are now starting to launch product.  This will help to accelerate the institutionalisation of the crypto markets and, as they mature, regulation and infrastructure will continue to improve.  Given recent market developments, we are hearing greater demand for transparency and trust from investors.” About the Global Crypto Hedge Fund Report 2022 The data contained in the report, the 4th annual edition, comes from research conducted in Q1 2022 across a sample of 77 specialist crypto hedge fund managers. The report specifically focuses on crypto hedge funds and excludes data from crypto index/tracking/passive funds and crypto venture capital funds.  We have worked with Elwood Asset Management (now a part of CoinShares) to obtain survey responses from crypto hedge fund managers.  We worked with the Alternative Investment Management Association (AIMA) to obtain data from non-crypto focused hedge funds (referred to as ‘traditional’ hedge funds. About AIMA The Alternative Investment Management Association (AIMA) is the global representative of the alternative investment industry, with around 2,100 corporate members in over 60 countries.  AIMA’s fund manager members collectively manage more than US$2.5tn in hedge fund and private credit assets. About CoinShares CoinShares is Europe’s largest digital asset investment firm, managing billions of assets on behalf of a global client base. Our mission is to expand access to the digital asset ecosystem by pioneering new financial products and services that provide investors with trust and transparency when accessing this new asset class. CoinShares expanded its footprint into the equities market with the purchase of Elwood Asset Management on 6 July 2021, enabling Elwood to focus on building digital asset infrastructure for financial institutions, creating the bridge between traditional and crypto markets. About PwC:  At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 156 countries with over 295,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com. Updated on Jun 10, 2022, 10:25 am (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkJun 10th, 2022

4 Semiconductor Stocks to Buy Amid Consistent Industry Growth

Here we discuss four semiconductor stocks, namely MPWR, MXL, AVGO and VSH that can gain from strong chip demand amid supply-chain woes. The semiconductor industry has been facing a constant supply-chain challenge due to the chip shortage triggered by lockdowns related to the COVID-19.The recent spike in COVID-19 cases and the resultant rigid lockdowns in China are acting as headwinds. Per a data released by the National Bureau of Statistics on May 16, 2022, the output of integrated circuits in the country in April dropped 12.1% on a year-over-year basis to 25.9 billion units, the lowest since December 2020.Further, the prolonged Russia-Ukraine war is aggravating the supply-chain situation as both countries produce key raw materials like palladium and neon gas, needed for semiconductor manufacturing.In spite of the current headwinds, the industry is witnessing consistent growth. This is evident from its robust performance in April 2022.Per the latest report from the Semiconductor Industry Association, global semiconductor industry sales were $50.9 billion in April, with a respective year-over-year and a sequential increase of 21.1% and 0.7%.The report further states that global sales jumped more than 20% on a year-to-year basis for 13 consecutive months, driven by rising demand for semiconductors across various sectors.Compared to April 2021’s reading, sales in the Americas, Europe, Japan, the Asia Pacific/All Other, and China were up 40.9%, 19.2%, 18.5%, 18.1% and 13.3%, respectively.Factors Fueling Industry GrowthSwelling demand for consumer electronics, automotive, industrial tools & equipment, and networking & communication products is creating growth in the semiconductor industry. Increasing adoption of AI, IoT, virtual reality by various industries like healthcare, defense and retail remain key catalysts.Rising popularity of remote-working and online learning is driving demand for processors used in enterprise laptops and data center servers, thereby propelling the semiconductor space.Further, the dominant position of the United States in the global semiconductor market plays an important role. Notably, the country allocated $52 billion to investment in the semiconductor industry.The governments of other major economies are also making heavy investments to meet the spike in chip demand and reduce dependency on imports.Last month, the government of Spain announced spending €12.25 billion on the semiconductor and microchip industry by 2027.In December 2021, the government of India announced a package of $9.81 billion for the development of semiconductors and display of manufacturing ecosystems. Moreover, India and Taiwan are in talks to set up a semiconductor manufacturing hub in India by a Taiwanese company.These factors are expected to consistently drive growth in the semiconductor industry in the near term and the long haul.Per a Mordor Intelligence report, the value of the semiconductor industry landscape was $549.2 billion in 2021. It also states that the industry is expected to be worth $906.3 billion by 2027, witnessing a CAGR of 8.23% between 2022 and 2027.Stocks to BuyGiven the upbeat scenario, here are four semiconductor stocks that are well poised to capitalize on the above-mentioned prospects. Apart from strong fundamentals, these stocks have a Zacks Rank #1 (Strong Buy) or 2 (Buy) and a Growth Score of A or B. You can see the complete list of today’s Zacks #1 Rank stocks here.Monolithic Power Systems MPWR is benefiting from solid demand across the automotive, industrial, computing and storage, and communications markets. MPWR is on track to expand capacity in 2022 well beyond $2 billion, which will ramp up new product revenues. It is likely to gain from the rapid deployment of 5G on the back of a robust portfolio of legacy routers, wireless applications and 5G networking infrastructure-related products.Further, Monolithic Power Systems is witnessing sales growth in infotainment, lighting and Advanced Driver Assistance Systems products in the automotive market, which remains a positive. Moreover, MPWR’s deep-rooted partnerships with leading auto suppliers are expected to continue driving its top line in the days ahead.Monolithic Power Systems, currently flaunting a Zacks Rank of 1, has a Growth Score of B. The long-term earnings growth rate for the stock is currently projected at 25%.Monolithic Power Systems, Inc. Price and Consensus Monolithic Power Systems, Inc. price-consensus-chart | Monolithic Power Systems, Inc. QuoteMaxLinear MXL is continuously gaining from the solid momentum in broadband access, connectivity, infrastructure and industrial multi-markets. Growing platform design wins across multiple geographies in new end markets also remain beneficial for the company.In addition, MXL is consistently working toward bringing advanced solutions to gain momentum among customers. It recently introduced a fully integrated SoC named Sierra for 4G/5G Open RAN radio units. Further, MaxLinear’s MxL1600 family of RF Transceivers is selected by a leading provider of wireless network solutions, ZHT, for its 5G radio remote unit small cells. This remains another tailwind to MXL.MaxLinear has a Zacks Rank #2 and a Growth Score of A at present. The long-term earnings growth rate for the stock is currently projected at 20%.MaxLinear, Inc Price and Consensus MaxLinear, Inc price-consensus-chart | MaxLinear, Inc QuoteBroadcom AVGO is benefiting from strength in the networking and server storage segments. AVGO’s networking is further riding on the strong adoption of its next-gen merchant switching and routing solutions by hyperscalers, enterprises and service providers.Moreover, a higher uptake of AVGO’s next-generation server storage solutions by hyperscalers is expected to drive top-line growth. Notably, Broadcom expects third-quarter fiscal 2022 networking and server storage revenues to grow more than 25% and 60% on a year-over-year basis, respectively. Further, the recently-announced VMware acquisition will aid prospects over the long term.Broadcom has a Zacks Rank of 2 and a Growth Score of A, currently. The long-term earnings growth rate for the stock is currently projected at 15.6%.Broadcom Inc. Price and Consensus Broadcom Inc. price-consensus-chart | Broadcom Inc. QuoteVishay Intertechnology VSH is steadily gaining from its robust resistor, diode, MOSFET, capacitor and opto product lines. Further, a recovery in the automotive sector and strong momentum across the medical and military markets are driving the top line.In addition, Vishay Intertechnology’s robust magnetics is continuously driving the specialty business. Further, growing momentum across the areas of power transmission and electro cars with the help of robust capacitors is a tailwind. Additionally, VSH’s firm focus on expanding its manufacturing capacities remains a major lever.Vishay Intertechnology is currently Zacks #2 Ranked and has a Growth Score of B. The long-term earnings growth rate for the stock is currently projected at 22.7%.Vishay Intertechnology, Inc. Price and Consensus Vishay Intertechnology, Inc. price-consensus-chart | Vishay Intertechnology, Inc. Quote Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Broadcom Inc. (AVGO): Free Stock Analysis Report Monolithic Power Systems, Inc. (MPWR): Free Stock Analysis Report Vishay Intertechnology, Inc. (VSH): Free Stock Analysis Report MaxLinear, Inc (MXL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksJun 7th, 2022

Companies including HubSpot, Salesforce, and PwC are reimagining internships for the remote and hybrid workplace

Organizations aim to equip interns with skills to drive innovation and promote inclusiveness — even when colleagues aren't all in the same room. Kazi Awal/InsiderFor the first time since 2019, Salesforce is bringing interns back to the office one to three days per week, similar to most Salesforce employees.Salesforce Companies are reimagining their internships for the new world of work. This includes experimenting with new formats, approaches, and programming. They aim to equip students with skills to innovate and promote inclusiveness in a remote workplace. This article is part of a series called "Culture of Innovation" exploring how companies are setting the stage for innovation, transformation, and growth. The coveted corporate internship has long had multiple purposes. For organizations, the programs are a chance to tap young minds for fresh ideas while building their pipeline for future hires. For students, internships are a way to earn some extra income and college credit, and gain technical competence before they hit the job market.Companies today are focused on providing the next generation of employees with the independent skills and leadership experience necessary in the hybrid and remote office. The goal is for students to acquire a sense of how to drive innovation, cultivate creativity, and promote inclusiveness within an organization when colleagues aren't all in the same room — or even the same time zone. It's a tall order, especially at a time when many interns have a negative view of remote work. Internships in the past were jam-packed with activities and events designed to immerse students in the company culture and draw them back to post-graduation as full-time employees. But in the pandemic era, many of those in-person events have gone virtual or have been curtailed.But therein lies the opportunity, according to Kyle Emich, an organizational psychologist at the University of Delaware whose new research looks at how companies can resolve tensions to be innovative. "The challenge for companies is to differentiate themselves as employers even when interns are not exposed to the communicators of culture — stories, symbols, rituals, and language — in quite the same way," he said.Insider spoke with three companies that are reimagining their internships by experimenting with new formats, programming, and credentials to prepare students for careers in the digital workplace and establish their employer brands. New formats and approachesHubSpot, the Boston-based marketing software company, is experimenting with a new internship format. Through a partnership with Parker Dewey, a job board for project-based internships, the company is subsidizing roughly 200 "micro-internships" at companies around the world. The projects last between five and 40 hours and involve everything from competitive analysis to social media content planning and data cleaning.HubSpot, the Boston-based marketing software company, is experimenting with a new internship format for the digital workplace.SOPA Images/Contributor/Getty ImagesStudents complete the short-term projects remotely with assistance from in-house mentors and coaches. The format gives students experience communicating in a distributed workplace, exposes them to different corporate structures, and helps them learn how to collaborate across cultures, according to Julia Gueron, education partner program manager at HubSpot. "They may be living in Boise all summer, but they're working with people from Spain, Slovenia, Columbia," she said. The format also "democratizes the opportunity" for students — and allows host companies to expand their potential hiring pools down the road. "You don't need to live near a major metropolitan area to gain relevant career experience or to make meaningful contributions to an organization," she said.Salesforce is also trying out new and different approaches with its 1,200 interns this year — its biggest cohort to date. For the first time since 2019, the cloud-software giant is bringing interns back to the office one to three days per week, similar to most Salesforce employees."We've heard from our employees that flex is the way forward, and we knew we needed to approach our internship program this year with flexibility first," said Alex Murray, director of the company's Futureforce program.To ease the transition, the company has a three-pronged support system for students. Each intern is assigned a hiring manager or boss, a "trail guide," an onboarding buddy who helps familiarize the company and its culture, and onsite office delegates, who handle administrative concerns —such as IT questions or where they can find the coffee.This year, the company is introducing a new community service component to its programming. All Salesforce interns will participate in paid Volunteer Time Off (VTO) activities with Seal Rescue Ireland in their own countries and time zones. The service will be both virtual and in-person. The goal, said Murray, is for interns to come away from the program with a deeper understanding of Salesforce's values as an employer. Research shows that Gen Zers care deeply about political and social issues and want to work for companies that share their beliefs.  "Giving back is core to our culture at Salesforce," said Murray. "We know how important it is for our interns to come together to give back to the community. It allows them to network, have fun, form deeper relationships, and attach more meaning to the work they do."Critical skills for the 21st century workplacePwC, the global consultancy and accounting firm, plans to hire over 5,000 interns this summer across its businesses. Interns, like employees, have the option to work virtually, in-person, or a combination of the two. "We are providing flexibility because we want interns to get a real introduction to our culture and to experience and feel what it's like to work in a hybrid team," said Rod Adams, PwC talent acquisition and onboarding leader. PwC, the global consultancy and accounting firm, plans to hire over 5,000 interns this summer across its businesses.PWCFor the past couple of years, PwC interns have had the opportunity to earn badges, recognition for the knowledge and skills they acquire on the job. These badges are a valuable qualification inside PwC, and Adams said they can also be helpful credentials if interns decide to pursue jobs elsewhere. In the past, badges were given for achieving technical competence, but this year PwC is introducing a new badge for having an "inclusive mindset." Earning the badge, which involves self-paced learning modules combined with live coaching, simulations, and practice conversations with colleagues to better understand each others' lived experiences, signifies that the intern has gained expertise in collaborating with a diverse team."Internships have always been about learning on the job," said Adams. "We are still focused on our core traditional training, but we're also trying to teach core human skills, too."The aim is to help students become more empathetic and effective leaders, he said. "Knowing how to coach people of all different backgrounds and lead virtual and hybrid teams are critical skills in the 21st century workplace."Read the original article on Business Insider.....»»

Category: smallbizSource: nytJun 6th, 2022

I used to test smart home devices full time, and these are the 6 products I still use every day

Smart home gadgets have a problem. The majority of them get dumb over time. But these smart home products won't go obsolete any time soon. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.Philips Hue Lightstrips and Light Bulbs can shine in a huge amount of colors, including basic light.Jenny McGrath/Insider I was a smart home reviewer for years, testing everything from smart bulbs to door locks to cameras. Even though I don’t review smart home products anymore, there are some I still use every day. I tested and reviewed smart home products for over five years, so my apartment was always stuffed with the latest tech. I had smart locks on my doors, cameras all over the place, and connected pet feeders. When I moved on to writing about other topics, I ditched a lot of these gadgets. Some, like the smart pet feeder, became useless when their companies shut down. But there are still a few smart home gadgets that continue to make my life easier. Nothing is fully automated or works without a hitch, but these are the products that have lasted for years and still earn a spot in my smart-ish home, making them easy to recommend.Learn more about why you can trust our tech team to recommend the best products.Here are the 6 smart home products that I still use regularly:A camera for making sure my cats aren’t causing chaosJenny McGrath/InsiderGoogle Nest Indoor Camera, $120 at AmazonIndoor security cameras make me anxious, but I love being able to check on my cats when I'm not home. For that purpose, Nest's camera is perfect. I set it up to record in their usual haunts, namely the cat tree and food bowls. When they saunter into frame, I get an alert. To use the Nest as a proper security camera, you need the $6-per-month Nest Aware subscription. But for occasional use and peace of mind, the Nest camera is a helpful stand-in for a weekend kitty-sitter. Smart and sophisticated light switchesJenny McGrath/InsiderLutron Caséta Wireless Switch Starter Kit, $99.95 at AmazonMy home's original light switches were dingy little nubs I had to rock up and down to operate. When I was replacing them, I wanted something sleeker. Lutron's Caséta line of wireless switches look amazing. They work with dimmer bulbs, and you can control them with a voice assistant or included remote. You'll also need a starter kit, which includes a puck-like bridge that connects to your router, to operate them. While they're expensive, the Lutron switches are the most reliable smart home equipment in my home. A smart thermostat I don’t have to think aboutJenny McGrath/InsiderMysa Smart Thermostat, $139 at AmazonNest Learning Thermostat (3rd generation), $249 at Best BuyMy 1960s space requires two types of thermostats. The Mysa was the only smart thermostat I could find for electric baseboard heaters. Nest says its Learning Thermostat works with 95% of 24V systems. Neither is perfect — the Nest has kicked on unintentionally, and the Mysa has lost connection before — but I like their controls and insights.You can use an app or voice assistant to control either, but both devices are intuitive enough to control directly. That's ideal for when in-laws are visiting who want control over the thermostat. Vibrant LED lights that make my living room look incredibleJenny McGrath/InsiderNanoleaf Shapes Light Panels, $199.99 at AmazonPhilips Hue Light Strip, $99 at TargetPhilips Hue Four-Pack Smart Bulb Starter Kit, $199.99 at TargetMy living room has no overhead lighting, so I have four lamps instead. Unfortunately, some switches are on the cords behind bookshelves. Rather than turn on each light, I outfitted them with automated Philips Hue light bulbs. Their color-changing abilities come in handy for holidays.I also have Philips Hue light strips under my kitchen cabinets. And mostly for fun, I put my Nanoleaf panels under some of my Lego sets. The light patterns are eye-catching, always intriguing guests.A voice assistant so I don’t burn my pizzaJenny McGrath/InsiderGoogle Nest Hub, $64.99 at Best BuyWhile my smart home is a bit of a hodgepodge of brands, Google definitely runs things. I have a smart display in my kitchen that I use to set timers, listen to podcasts, and perform other tasks. The display is helpful because it can show the timer (or three of them) counting down and while playing videos or displaying recipes. You can't find my JBL display anymore, but the Google Nest Hub runs the same system and is one of our picks for best smart display. A smart stovetop that makes me feel like a chefJenny McGrath/InsiderGE Café Smart Induction Range, $2,018 at Home Depot (Currently Backordered)GE Café Over the Range Microwave, $768 at Home DepotI've been skeptical of smart appliances because complicating these devices with computers can lead to issues. But, as I've been updating my kitchen, I knew I wanted an induction range to pair it with smart cookware from Hestan and thus better keep food from burning. Plus, GE started releasing genuinely useful updates to its connected ovens, like air-fry and turkey modes. I recently added a smart over-the-range microwave that automatically turns on the vent and lights when I start using the stove.Read the original article on Business Insider.....»»

Category: personnelSource: nytMay 26th, 2022

Live election updates: Democratic runoff goes down to the wire in Texas while Trump-backed candidates have a bad night in Georgia

Georgia Gov. Brian Kemp and ex-Sen. David Perdue are vying for the GOP nomination, pitting a sitting governor against a Trump-backed challenger. InsiderInsider is be bringing you real-time election votes tonight for governor races, congressional races, a high-profile GOP primary over a safe Alabama senate seat, and state legislature primaries from Georgia, Alabama, Arkansas, and even a few high profile runoffs in Texas.Here's what we're paying attention to:Alabama's ruby-red Senate seat is up for grabs, with a congressman vying against a former Senate chief of staff in a GOP primary for the seat.And in Texas, incumbent Rep. Henry Cuellar is facing a progressive challenger from Jessica Cisneros in a runoff election after their March primary went into overtime.Katie Britt advances in AlabamaAlabama Republican Senate candidate Katie Britt at the NASCAR Cup Series YellaWood 500 in Talladega, AL.Sean Gardner/Getty ImagesKatie Britt, a former aide and chief of staff to Sen. Richard Shelby, will advance to a June 21 primary against either Rep. Mo Brooks or businessman Mike Durant in the Alabama Senate race.— John DormanA Georgia election chief attacked by Trump holds his ownGeorgia Secretary of State Brad Raffensperger speaks during a presser in AtlantaAP Photo/John BazemoreEarlier in the night, Georgia Republican voters resoundingly rejected Sen. David Perdue, President Donald Trump's pick to run an election grievance-based campaign against Gov. Brian Kemp. And GOP voters now may be on track to either outright reelect Secretary of State Brad Raffensperger or at least send him to a runoff against Trump's pick for the top election job, Rep. Jody Hice. As of 11 p.m. Tuesday night, Raffensperger sat just above the threshold to avoid a runoff with Hice taking about a third of the vote. -Grace Panetta Trump's tumultuous gubernatorial endorsement track recordFormer President Donald Trump.Scott Olson/Getty ImagesFor the third week in a row, a gubernatorial candidate has lost a primary election despite receiving former President Donald Trump's support. The first candidate was Charles Herbster in Nebraska — he lost his May 10 primary by three percentage points. He was followed by Janice McGeachin, who lost her Idaho primary by a landslide on May 17. And tonight, Georgia Gov. Brian Kemp handily defeated Trump-endorsed David Perdue to move on to the general election.For a former president with such a powerful hold on his party, Trump's backing has not been as impactful as expected. Insider recently published an analysis breaking down Trump's endorsement power and its limitations.Trump's endorsement did, however, help in two gubernatorial races so far: incumbent Gov. Greg Abbott's in Texas and state Sen. Doug Mastriano's in Pennsylvania.— Madison HallAbrams and Kemp set for a rematch in GeorgiaStacey Abrams.Zach Gibson/Getty ImagesGeorgia's 2018 Democratic gubernatorial nominee Stacey Abrams easily cleared the field on Tuesday to secure the her party's nomination for 2022. She will again face off against Gov. Brian Kemp, who easily jettisoned Trump-backed primary challenger David Perdue. Kemp's win sets up a repeat of the contentious 2018 battle that catapulted Georgia into the spotlight as a possible blue-trending swing state — and made Abrams a household name. While Abrams lost that contest, which she decried as unfair and tainted by voter suppression, she spent the subsequent time at the forefront of a nationwide push for voting rights. The 2022 rematch will reopen old wounds, bring in tons of outside money, and ultimately decide Georgia's path as a battleground state. — Grace Panetta Rep. Lucy McBath beats Rep. Carolyn Bordeaux in Georgia member-vs-member primary.US House of RepresentativesRep. Lucy McBath defeated Democratic challengers Rep. Carolyn Bourdeaux and Donna McLeod on Tuesday, according to Decision Desk HQ. McBath will go on to face the winner of tonight's GOP primary race to become the next representative for Georgia's 7th Congressional District.- Madison HallSarah Huckabee Sanders, former Trump White House Press Secretary, wins GOP nomination for Arkansas governorChip Somodevilla/Getty ImagesSarah Huckabee Sanders was a fixture in the Trump White House for years, and cruises to the nomination. She secured the Republican nomination for governor of Arkansas on Tuesday night, Decision Desk HQ has called. She hopes to take the job once held by her father, former Arkansas Gov. Mike Huckabee. - Madison Hall and Walt HickeyMarjorie Taylor Greene cruises to victory in bid to retain House seatRep. Marjorie Taylor Greene.John Bazemore-Pool/Getty ImagesGOP Rep. Marjorie Taylor Greene easily coasted to victory on Tuesday night, bringing in well over the 50% needed to avoid a runoff. She is vying to retain her seat in Georgia's 14th Congressional District. Click here to follow the other Georgia congressional races.— Madison HallMo Brooks, mo' (financial disclosure) problemsRepublican Rep. Mo Brooks of Alabama conducts a news conference.Tom Williams/CQ-Roll Call, Inc via Getty ImagesMo Brooks, who's on the comeback trail in Alabama after getting dumped by former President Donald Trump, is one of 60 members of Congress who violated the STOCK Act in the past year. His, however, was one of the most memorable.Brooks previously railed against the pharmaceutical company Pfizer, accusing it of playing politics with its vaccine data. Despite his disdain for the pharmaceutical giant, Brooks sold up to $50,000 in Pfizer stock in August 2021, but failed to disclose it until October of the same year, violating the federal STOCK Act. The reason for the late filing? Brooks' wife, Martha. She told Insider that she runs the family's investments, including her husband's, in addition to filing disclosures. Martha also told Insider that she's in charge of deciding which stocks to buy and sell in accordance with their family's financial advisor, but never with Mo's knowledge.According to Martha, her husband didn't even know he owned any Pfizer stock to begin with.— Madison HallBush loses, embattled AG wins another termGeorge P. BushJoe Skipper/ReutersTexas AG Paxton defeated Land Commissioner George P. Bush in a primary runoff for another term as attorney general. Paxton has been under indictment for securities fraud since 2015 but has yet to stand to trial and is reportedly facing an FBI investigation for abusing his office to benefit a wealthy donor, scandals Texas' senior Sen. John Cornyn called "embarrassing." But Paxton's role in helping Trump unsuccessfully overturn his 2020 election loss earned him Trump's support and helped him defeat the last member of the Bush dynasty in elected office. -Grace Panetta  The 'Unbreakable Nine' could get broken upRep. Henry CuellarKevin Dietsch/Getty ImagesA pair of moderate House Democrats who launched a short-lived rebellion against President Joe Biden's economic agenda are battling for their political survival this evening.Reps. Henry Cuellar of Texas and Carolyn Bourdeaux of Georgia are facing off against rivals in a pair of closely-watched primary races. Cuellar is competing against Jessica Cisneros, a 28-year-old immigration attorney with endorsements from Rep. Alexandria Ocasio Cortez of New York and Sen. Bernie Sanders of Vermont. And Bourdeaux is locked in a tight race against Rep. Lucy McBath, another candidate with strong progressive support.Progressives are hoping to oust moderates who they argue helped tank Biden's expansive social and climate spending package once known as Build Back Better. In particular, they're focused on unseating Cuellar, one of the "Unbreakable Nine" House Democrats who nearly derailed Biden's agenda. Sanders recently campaigned with Cisneros in San Antonio, Texas. He cast the race as a "battle against the billionaire class."Last year, both Cuellar and Bordeaux joined a rebellion with seven other House Democrats to split the bipartisan infrastructure law from passing alongside the Build Back Better bill. The latter measure eventually died in the Senate.— Joseph Zeballos-RoigArkansas polls have closedSen. John BoozmanBallotpediaArkansas closed its polls at 7:30 p.m. CT/8:30 p.m. ET on Tuesday and results should begin to trickle in soon. We've got two pages tracking Arkansas races: One for the Senate, where incumbent Sen. John Boozman is looking to retain his seat, and one for Arkansas' gubernatorial and local races.— Madison HallThe state of play in AlabamaAlabama Gov. Kay Ivey speaks during a news conference in Montgomery.AP Photo/Kim ChandlerIncumbent Republican Gov. Kay Ivey is believed to be a strong frontrunner to win renomination in deeply conservative Alabama, on the road to a likely GOP win this fall.And in the GOP Senate primary, GOP Rep. Mo Brooks, Katie Britt, who is Sen. Richard Shelby's former chief of staff, and businessman Mike Durant have been in a heated race for months. The 50-percent threshold is a tall one, and the top two candidates will likely head to a June 21 runoff. — John L. DormanGov. Brian Kemp trounces Trump-backed David PerdueGeorgia Gov. Brian Kemp walks onstage for a campaign event in Kennesaw, Georgia.Joe Raedle/Getty ImagesFormer President Donald Trump endorsed David Perdue, an ex-US senator, to punish Georgia Gov. Brian Kemp for not supporting his efforts to overturn the 2020 election. But Perdue's campaign struggled to keep pace with Kemp's spending, and Kemp resoundingly defeated Perdue early on Tuesday night, dealing a huge blow to Trump.Perdue is now the third Trump-endorsed candidate to lose in three weeks, following Charles Herbster in Nebraska and Lt. Gov. Janice McGeachin in Idaho. — Grace PanettaInsider on the ground in GeorgiaGeorgia gubernatorial hopeful David Perdue poses alongside a cardboard cutout of former President Donald Trump during a campaign stop in Augusta, Georgia.Warren Rojas/InsiderOver the past few days, Insider correspondent Warren Rojas has traveled across Georgia attending events headlined by many of the leading Republican contenders and speaking with voters about everything from Gov. Brian Kemp's standing in the party to the influence of former President Donald Trump.Here are some of the highlights:Former Vice President Mike Pence on Monday traveled to Georgia to campaign on behalf of Kemp, putting him at odds with his former boss, who is all-in for ex-Sen. David Perdue. While Kemp was thought to be vulnerable over his defense of the integrity of the 2020 presidential vote in the state, Perdue has lagged in fundraising and endorsements, and the incumbent has also effectively used his bully pulpit to work in tandem with the GOP-controlled legislature to enact conservative legislation.While Perdue has had trouble gaining traction in the polls, controversial Rep. Marjorie Taylor Greene remains a major draw for conservatives. She remains a powerful force in the MAGA movement, and is highly regarded as the favorite this fall in her congressional district, which was drawn to elect a Republican.— John L. DormanWhat is Herschel Walker's John Hancock worth?Herschel Walker speaks at a Trump rally in Georgia.Sean Rayford/Getty ImagesRepublican US Senate candidate Herschel Walker has some significant — and complicated — personal finances. So significant and complicated, apparently, that Walker failed for months to properly report millions of dollars in earnings that he's required by federal law to disclose, as Insider reporter Madison Hall revealed last week.But here's another financial curiosity: If Walker wins his primary tonight as expected, then defeats incumbent Democratic Sen. Raphael Warnock in November's general election, he'll stand to earn a standard Senate salary of $174,000.That's less than Walker, a former football star, earned last year from "memorabilia autograph services" he provided to Gary Takahashi Sports Marketing LLC, a firm known for monetizing athletes' John Hancocks.Walker's most recent personal financial disclosure, submitted May 15 to the US Senate, indicates Gary Takahashi Sports Marketing LLC paid Walker "wages" of $211,544. — Dave LevinthalMarjorie Taylor Greene: Disney fan or no?Rep. Marjorie Taylor Greene.Megan Varner/Getty ImagesRep. Marjorie Taylor Greene of Georgia faces a handful of Republican primary challengers tonight, most notably "no-nonsense conservative" Jennifer Strahan. But the bombastic freshman is expected to win her party's nomination on the strength of her ultra-MAGA platform. Recently, Greene picked a fight with Walt Disney Co. for its opposition to a new Florida law that outlaws lessons about gender identity and sexual orientation. But what many Georgia voters probably don't realize is that the lawmaker personally invests in Disney stock. Asked about this, Greene told Insider that she doesn't make her own stock trades.She reiterated this assertion during a candidate debate earlier this month when one of her opponents, Seth Synstelien, asked her about her investments in defense contractor stocks."I usually find out about stock trades when I read them in the news just like you have," Greene said. "I signed an agreement with our financial advisor that I don't know anything about trades made on behalf of me or my husband. I always find out about them when they are written by leftists like Business Insider just like you are talking about."— Dave Levinthal Stacey Abrams' campaign is spending big bucks on securityStacey Abrams addresses the Gwinnett County Democratic Party fundraiser in Norcross, Georgia.Akili-Casundria Ramsess/ APStacey Abrams will cruise to victory in Georgia's gubernatorial primary today but is gearing up for one of the most contentious races in the country.As one of the most high-profile Democrats in the nation, she's spent a substantial sum on security. In fact, her security agency, Executive Protection Agencies, was the third highest payee in her campaign expense reports, costing her campaign a total of $390,132. As Insider's C. Ryan Barber previously reported, Abrams' voting rights PAC, Fair Fight, spent more than $1.4 million on security in 2020 and 2021, with the bulk of that money going toward Executive Protection Agencies.And while these expenditures are significantly more than that of most politicians and candidates in the US, the threats are real: former congresswoman Gabby Giffords was shot in the head in 2011 at a constituent meeting and GOP Whip Rep. Steve Scalise was shot at a Congressional baseball game in 2017.— Madison HallPolls close in the Peach StateGeorgia Secretary of State Brad Raffensperger speaks during a news conference in Atlanta. Georgia election officials have announced an audit of presidential election results that will trigger a full hand recount.AP Photo/Brynn AndersonPolls have just officially closed in Georgia. We're watching a Senate primary, former Sen. David Perdue's challenge to Gov. Brian Kemp, another Trump-backed challenge to Secretary of State Brad Raffensperger, and a number of House primaries, including two Democratic House members facing off for the same Georgia district. Our Warren Rojas reports from the Kemp watch party that some counties are keeping polling locations open until 8 p.m. to account for delays at the beginning of the day, so we won't get statewide race calls until after then.–Grace PanettaInsider's Warren Rojas is in Georgia covering the governor raceGeorgia Gov. Brian Kemp (R) and former US Vice President Mike Pence attend a campaign event at the Cobb County International Airport.Joe Raedle/Getty ImagesFor a primer on the high stakes for the GOP in Georgia, check out this rundown of the race for Governor from Insider's Warren Rojas and Elvina Nawaguna. Rojas is in Georgia and will be reporting live from The Peach State all night. Both the former president and the former vice president have come down on opposite sides in the tense primary, they write:Perdue supporters are threatening to sit out the November elections if their candidate loses the primary rather than vote for Kemp, who they still hold responsible for Trump's 2020 loss in Georgia. Trump's team did not respond to a request for comment on the tele-rally, which comes days after news reports that he was backing away from Perdue as polls showed the candidate losing.Meanwhile, Kemp is already anticipating that pro-Trump Republicans could try to challenge his primary win after the Tuesday vote. He's trying to get ahead of it by assuring voters that any "mechanical" issues that might have marred the 2020 election have already been solved through a bill he signed into law last year.- Walt HickeyDonald Trump's funky winning ratePennsylvania Republican U.S. Senate candidate Dr. Mehmet Oz joins former President Donald Trump onstage during a rally in support of his campaign at the Westmoreland County Fairgrounds in Greensburg, Pennsylvania.Jeff Swensen/Getty ImagesHere's what we know about former President Donald Trump's primary endorsee win record: His numbers are great when the person he's endorsing is running unopposed or faces tepid or token opposition. It's easy to pick winners when you know they're going to win, right?Where things get funky for Trump: When he endorses a candidate in a tight, tough Republican primary race.In these kinds of contests, Trump's picks have often faltered or underperformed, as Jake Lahut, Madison Hall, Brent D. Griffiths, and Warren Rojas report in this analysis with lots of cool charts.What does that mean for tonight's races? It means that in Georgia, for example, Republican US Senate candidate Herschel Walker — a Trump endorsee — will likely cruise to victory because he has minimal opposition. But on the same ballot, Trump's gubernatorial pick, former US Sen. David Perdue, could very well lose to Trump nemesis and current Gov. Brian Kemp. — Dave LevinthalLive election results start streaming in at 7 p.m. ET. Here's where to find the results.Georgia election officials counting ballots.Jessica McGowan/Getty ImagesWe're covering dozens of primary races up and down the ticket in four states — click on the links below to see live results for each race Georgia Senate Georgia governor  Georgia secretary of stateGeorgia House and state legislature Alabama Senate & HouseAlabama governor & state legislatureTexas' 28th District Democratic primary runoffTexas attorney general and congressional runoffsArkansas Senate & HouseArkansas governor & state legislaturePolls close at 7 p.m. ET in Georgia, 8 p.m. ET in Alabama and most of Texas, and 8:30 p.m. ET in Arkansas  -Grace Panetta Read the original article on Business Insider.....»»

Category: smallbizSource: nytMay 25th, 2022

Live election updates: Sarah Huckabee Sanders wins nomination in Arkansas, Kemp beats Trump-backed Purdue in Georgia

Georgia Gov. Brian Kemp and ex-Sen. David Perdue are vying for the GOP nomination, pitting a sitting governor against a Trump-backed challenger. InsiderInsider is be bringing you real-time election votes tonight for governor races, congressional races, a high-profile GOP primary over a safe Alabama senate seat, and state legislature primaries from Georgia, Alabama, Arkansas, and even a few high profile runoffs in Texas.Here's what we're paying attention to:Alabama's ruby-red Senate seat is up for grabs, with a congressman vying against a former Senate chief of staff in a GOP primary for the seat.And in Texas, incumbent Rep. Henry Cuellar is facing a progressive challenger from Jessica Cisneros in a runoff election after their March primary went into overtime.Abrams and Kemp set for a rematch in GeorgiaStacey Abrams.Zach Gibson/Getty ImagesGeorgia's 2018 Democratic gubernatorial nominee Stacey Abrams easily cleared the field on Tuesday to secure her party's nomination for 2022. She will again face off against Gov. Brian Kemp, who easily jettisoned Trump-backed primary challenger David Perdue. Kemp's win sets up a repeat of the contentious 2018 battle that catapulted Georgia into the spotlight as a possible blue-trending swing state — and made Abrams a household name. While Abrams lost that contest, which she decried as unfair and tainted by voter suppression, she spent the subsequent time at the forefront of a nationwide push for voting rights. The 2022 rematch will reopen old wounds, bring in tons of outside money, and ultimately decide Georgia's path as a battleground state. — Grace Panetta Rep. Lucy McBath beats Rep. Carolyn Bordeaux in Georgia member-vs-member primary.US House of RepresentativesRep. Lucy McBath defeated Democratic challengers Rep. Carolyn Bourdeaux and Donna McLeod on Tuesday, according to Decision Desk HQ. McBath will go on to face the winner of tonight's GOP primary race to become the next representative for Georgia's 7th Congressional District.- Madison HallSarah Huckabee Sanders, former Trump White House Press Secretary, wins GOP nomination for Arkansas governorChip Somodevilla/Getty ImagesSarah Huckabee Sanders was a fixture in the Trump White House for years, and cruises to the nomination. She secured the Republican nomination for governor of Arkansas on Tuesday night, Decision Desk HQ has called. She hopes to take the job once held by her father, former Arkansas Gov. Mike Huckabee. - Madison Hall and Walt HickeyMarjorie Taylor Greene cruises to victory in bid to retain House seatRep. Marjorie Taylor Greene.John Bazemore-Pool/Getty ImagesGOP Rep. Marjorie Taylor Greene easily coasted to victory on Tuesday night, bringing in well over the 50% needed to avoid a runoff. She is vying to retain her seat in Georgia's 14th Congressional District. Click here to follow the other Georgia congressional races.— Madison HallMo Brooks, mo' (financial disclosure) problemsRepublican Rep. Mo Brooks of Alabama conducts a news conference.Tom Williams/CQ-Roll Call, Inc via Getty ImagesMo Brooks, who's on the comeback trail in Alabama after getting dumped by former President Donald Trump, is one of 60 members of Congress who violated the STOCK Act in the past year. His, however, was one of the most memorable.Brooks previously railed against the pharmaceutical company Pfizer, accusing it of playing politics with its vaccine data. Despite his disdain for the pharmaceutical giant, Brooks sold up to $50,000 in Pfizer stock in August 2021, but failed to disclose it until October of the same year, violating the federal STOCK Act. The reason for the late filing? Brooks' wife, Martha. She told Insider that she runs the family's investments, including her husband's, in addition to filing disclosures. Martha also told Insider that she's in charge of deciding which stocks to buy and sell in accordance with their family's financial advisor, but never with Mo's knowledge.According to Martha, her husband didn't even know he owned any Pfizer stock to begin with.— Madison HallBush loses, embattled AG wins another termGeorge P. BushJoe Skipper/ReutersTexas AG Paxton defeated Land Commissioner George P. Bush in a primary runoff for another term as attorney general. Paxton has been under indictment for securities fraud since 2015 but has yet to stand to trial and is reportedly facing an FBI investigation for abusing his office to benefit a wealthy donor, scandals Texas' senior Sen. John Cornyn called "embarrassing." But Paxton's role in helping Trump unsuccessfully overturn his 2020 election loss earned him Trump's support and helped him defeat the last member of the Bush dynasty in elected office. -Grace Panetta  The 'Unbreakable Nine' could get broken upRep. Henry CuellarKevin Dietsch/Getty ImagesA pair of moderate House Democrats who launched a short-lived rebellion against President Joe Biden's economic agenda are battling for their political survival this evening.Reps. Henry Cuellar of Texas and Carolyn Bourdeaux of Georgia are facing off against rivals in a pair of closely-watched primary races. Cuellar is competing against Jessica Cisneros, a 28-year-old immigration attorney with endorsements from Rep. Alexandria Ocasio Cortez of New York and Sen. Bernie Sanders of Vermont. And Bourdeaux is locked in a tight race against Rep. Lucy McBath, another candidate with strong progressive support.Progressives are hoping to oust moderates who they argue helped tank Biden's expansive social and climate spending package once known as Build Back Better. In particular, they're focused on unseating Cuellar, one of the "Unbreakable Nine" House Democrats who nearly derailed Biden's agenda. Sanders recently campaigned with Cisneros in San Antonio, Texas. He cast the race as a "battle against the billionaire class."Last year, both Cuellar and Bordeaux joined a rebellion with seven other House Democrats to split the bipartisan infrastructure law from passing alongside the Build Back Better bill. The latter measure eventually died in the Senate.— Joseph Zeballos-RoigArkansas polls have closedSen. John BoozmanBallotpediaArkansas closed its polls at 7:30 p.m. CT/8:30 p.m. ET on Tuesday and results should begin to trickle in soon. We've got two pages tracking Arkansas races: One for the Senate, where incumbent Sen. John Boozman is looking to retain his seat, and one for Arkansas' gubernatorial and local races.— Madison HallThe state of play in AlabamaAlabama Gov. Kay Ivey speaks during a news conference in Montgomery.AP Photo/Kim ChandlerIncumbent Republican Gov. Kay Ivey is believed to be a strong frontrunner to win renomination in deeply conservative Alabama, on the road to a likely GOP win this fall.And in the GOP Senate primary, GOP Rep. Mo Brooks, Katie Britt, who is Sen. Richard Shelby's former chief of staff, and businessman Mike Durant have been in a heated race for months. The 50-percent threshold is a tall one, and the top two candidates will likely head to a June 21 runoff. — John L. DormanGov. Brian Kemp trounces Trump-backed David PerdueGeorgia Gov. Brian Kemp walks onstage for a campaign event in Kennesaw, Georgia.Joe Raedle/Getty ImagesFormer President Donald Trump endorsed David Perdue, an ex-US senator, to punish Georgia Gov. Brian Kemp for not supporting his efforts to overturn the 2020 election. But Perdue's campaign struggled to keep pace with Kemp's spending, and Kemp resoundingly defeated Perdue early on Tuesday night, dealing a huge blow to Trump.Perdue is now the third Trump-endorsed candidate to lose in three weeks, following Charles Herbster in Nebraska and Lt. Gov. Janice McGeachin in Idaho. — Grace PanettaInsider on the ground in GeorgiaGeorgia gubernatorial hopeful David Perdue poses alongside a cardboard cutout of former President Donald Trump during a campaign stop in Augusta, Georgia.Warren Rojas/InsiderOver the past few days, Insider correspondent Warren Rojas has traveled across Georgia attending events headlined by many of the leading Republican contenders and speaking with voters about everything from Gov. Brian Kemp's standing in the party to the influence of former President Donald Trump.Here are some of the highlights:Former Vice President Mike Pence on Monday traveled to Georgia to campaign on behalf of Kemp, putting him at odds with his former boss, who is all-in for ex-Sen. David Perdue. While Kemp was thought to be vulnerable over his defense of the integrity of the 2020 presidential vote in the state, Perdue has lagged in fundraising and endorsements, and the incumbent has also effectively used his bully pulpit to work in tandem with the GOP-controlled legislature to enact conservative legislation.While Perdue has had trouble gaining traction in the polls, controversial Rep. Marjorie Taylor Greene remains a major draw for conservatives. She remains a powerful force in the MAGA movement, and is highly regarded as the favorite this fall in her congressional district, which was drawn to elect a Republican.— John L. DormanWhat is Herschel Walker's John Hancock worth?Herschel Walker speaks at a Trump rally in Georgia.Sean Rayford/Getty ImagesRepublican US Senate candidate Herschel Walker has some significant — and complicated — personal finances. So significant and complicated, apparently, that Walker failed for months to properly report millions of dollars in earnings that he's required by federal law to disclose, as Insider reporter Madison Hall revealed last week.But here's another financial curiosity: If Walker wins his primary tonight as expected, then defeats incumbent Democratic Sen. Raphael Warnock in November's general election, he'll stand to earn a standard Senate salary of $174,000.That's less than Walker, a former football star, earned last year from "memorabilia autograph services" he provided to Gary Takahashi Sports Marketing LLC, a firm known for monetizing athletes' John Hancocks.Walker's most recent personal financial disclosure, submitted May 15 to the US Senate, indicates Gary Takahashi Sports Marketing LLC paid Walker "wages" of $211,544. — Dave LevinthalMarjorie Taylor Greene: Disney fan or no?Rep. Marjorie Taylor Greene.Megan Varner/Getty ImagesRep. Marjorie Taylor Greene of Georgia faces a handful of Republican primary challengers tonight, most notably "no-nonsense conservative" Jennifer Strahan. But the bombastic freshman is expected to win her party's nomination on the strength of her ultra-MAGA platform. Recently, Greene picked a fight with Walt Disney Co. for its opposition to a new Florida law that outlaws lessons about gender identity and sexual orientation. But what many Georgia voters probably don't realize is that the lawmaker personally invests in Disney stock. Asked about this, Greene told Insider that she doesn't make her own stock trades.She reiterated this assertion during a candidate debate earlier this month when one of her opponents, Seth Synstelien, asked her about her investments in defense contractor stocks."I usually find out about stock trades when I read them in the news just like you have," Greene said. "I signed an agreement with our financial advisor that I don't know anything about trades made on behalf of me or my husband. I always find out about them when they are written by leftists like Business Insider just like you are talking about."— Dave Levinthal Stacey Abrams' campaign is spending big bucks on securityStacey Abrams addresses the Gwinnett County Democratic Party fundraiser in Norcross, Georgia.Akili-Casundria Ramsess/ APStacey Abrams will cruise to victory in Georgia's gubernatorial primary today but is gearing up for one of the most contentious races in the country.As one of the most high-profile Democrats in the nation, she's spent a substantial sum on security. In fact, her security agency, Executive Protection Agencies, was the third highest payee in her campaign expense reports, costing her campaign a total of $390,132. As Insider's C. Ryan Barber previously reported, Abrams' voting rights PAC, Fair Fight, spent more than $1.4 million on security in 2020 and 2021, with the bulk of that money going toward Executive Protection Agencies.And while these expenditures are significantly more than that of most politicians and candidates in the US, the threats are real: former congresswoman Gabby Giffords was shot in the head in 2011 at a constituent meeting and GOP Whip Rep. Steve Scalise was shot at a Congressional baseball game in 2017.— Madison HallPolls close in the Peach StateGeorgia Secretary of State Brad Raffensperger speaks during a news conference in Atlanta. Georgia election officials have announced an audit of presidential election results that will trigger a full hand recount.AP Photo/Brynn AndersonPolls have just officially closed in Georgia. We're watching a Senate primary, former Sen. David Perdue's challenge to Gov. Brian Kemp, another Trump-backed challenge to Secretary of State Brad Raffensperger, and a number of House primaries, including two Democratic House members facing off for the same Georgia district. Our Warren Rojas reports from the Kemp watch party that some counties are keeping polling locations open until 8 p.m. to account for delays at the beginning of the day, so we won't get statewide race calls until after then.–Grace PanettaInsider's Warren Rojas is in Georgia covering the governor raceGeorgia Gov. Brian Kemp (R) and former US Vice President Mike Pence attend a campaign event at the Cobb County International Airport.Joe Raedle/Getty ImagesFor a primer on the high stakes for the GOP in Georgia, check out this rundown of the race for Governor from Insider's Warren Rojas and Elvina Nawaguna. Rojas is in Georgia and will be reporting live from The Peach State all night. Both the former president and the former vice president have come down on opposite sides in the tense primary, they write:Perdue supporters are threatening to sit out the November elections if their candidate loses the primary rather than vote for Kemp, who they still hold responsible for Trump's 2020 loss in Georgia. Trump's team did not respond to a request for comment on the tele-rally, which comes days after news reports that he was backing away from Perdue as polls showed the candidate losing.Meanwhile, Kemp is already anticipating that pro-Trump Republicans could try to challenge his primary win after the Tuesday vote. He's trying to get ahead of it by assuring voters that any "mechanical" issues that might have marred the 2020 election have already been solved through a bill he signed into law last year.- Walt HickeyDonald Trump's funky winning ratePennsylvania Republican U.S. Senate candidate Dr. Mehmet Oz joins former President Donald Trump onstage during a rally in support of his campaign at the Westmoreland County Fairgrounds in Greensburg, Pennsylvania.Jeff Swensen/Getty ImagesHere's what we know about former President Donald Trump's primary endorsee win record: His numbers are great when the person he's endorsing is running unopposed or faces tepid or token opposition. It's easy to pick winners when you know they're going to win, right?Where things get funky for Trump: When he endorses a candidate in a tight, tough Republican primary race.In these kinds of contests, Trump's picks have often faltered or underperformed, as Jake Lahut, Madison Hall, Brent D. Griffiths, and Warren Rojas report in this analysis with lots of cool charts.What does that mean for tonight's races? It means that in Georgia, for example, Republican US Senate candidate Herschel Walker — a Trump endorsee — will likely cruise to victory because he has minimal opposition. But on the same ballot, Trump's gubernatorial pick, former US Sen. David Perdue, could very well lose to Trump nemesis and current Gov. Brian Kemp. — Dave LevinthalLive election results start streaming in at 7 p.m. ET. Here's where to find the results.Georgia election officials counting ballots.Jessica McGowan/Getty ImagesWe're covering dozens of primary races up and down the ticket in four states — click on the links below to see live results for each race Georgia Senate Georgia governor  Georgia secretary of stateGeorgia House and state legislature Alabama Senate & HouseAlabama governor & state legislatureTexas' 28th District Democratic primary runoffTexas attorney general and congressional runoffsArkansas Senate & HouseArkansas governor & state legislaturePolls close at 7 p.m. ET in Georgia, 8 p.m. ET in Alabama and most of Texas, and 8:30 p.m. ET in Arkansas  -Grace Panetta Read the original article on Business Insider.....»»

Category: worldSource: nytMay 24th, 2022

Live updates: Gov. Brian Kemp triumphs over Trump-backed David Purdue in Georgia

Georgia Gov. Brian Kemp and ex-Sen. David Perdue are vying for the GOP nomination, pitting a sitting governor against a Trump-backed challenger. InsiderInsider is be bringing you real-time election votes tonight for governor races, congressional races, a high-profile GOP primary over a safe Alabama senate seat, and state legislature primaries from Georgia, Alabama, Arkansas, and even a few high profile runoffs in Texas.Here's what we're paying attention to:Alabama's ruby-red Senate seat is up for grabs, with a congressman vying against a former Senate chief of staff in a GOP primary for the seat.And in Texas, incumbent Rep. Henry Cuellar is facing a progressive challenger from Jessica Cisneros in a runoff election after their March primary went into overtime.Marjorie Taylor Greene cruises to victory in bid to retain House seatRep. Marjorie Taylor Greene.John Bazemore-Pool/Getty ImagesGOP Rep. Marjorie Taylor Greene easily coasted to victory on Tuesday night, bringing in well over the 50% needed to avoid a runoff. She is vying to retain her seat in Georgia's 14th Congressional District. Click here to follow the other Georgia congressional races.— Madison HallMo Brooks, mo' (financial disclosure) problemsRepublican Rep. Mo Brooks of Alabama conducts a news conference.Tom Williams/CQ-Roll Call, Inc via Getty ImagesMo Brooks, who's on the comeback trail in Alabama after getting dumped by former President Donald Trump, is one of 60 members of Congress who violated the STOCK Act in the past year. His, however, was one of the most memorable.Brooks previously railed against the pharmaceutical company Pfizer, accusing it of playing politics with its vaccine data. Despite his disdain for the pharmaceutical giant, Brooks sold up to $50,000 in Pfizer stock in August 2021, but failed to disclose it until October of the same year, violating the federal STOCK Act. The reason for the late filing? Brooks' wife, Martha. She told Insider that she runs the family's investments, including her husband's, in addition to filing disclosures. Martha also told Insider that she's in charge of deciding which stocks to buy and sell in accordance with their family's financial advisor, but never with Mo's knowledge.According to Martha, her husband didn't even know he owned any Pfizer stock to begin with.— Madison HallBush loses, embattled AG wins another termGeorge P. BushJoe Skipper/ReutersTexas AG Paxton defeated Land Commissioner George P. Bush in a primary runoff for another term as attorney general. Paxton has been under indictment for securities fraud since 2015 but has yet to stand to trial and is reportedly facing an FBI investigation for abusing his office to benefit a wealthy donor, scandals Texas' senior Sen. John Cornyn called "embarrassing." But Paxton's role in helping Trump unsuccessfully overturn his 2020 election loss earned him Trump's support and helped him defeat the last member of the Bush dynasty in elected office. -Grace Panetta  The 'Unbreakable Nine' could get broken upRep. Henry CuellarKevin Dietsch/Getty ImagesA pair of moderate House Democrats who launched a short-lived rebellion against President Joe Biden's economic agenda are battling for their political survival this evening.Reps. Henry Cuellar of Texas and Carolyn Bourdeaux of Georgia are facing off against rivals in a pair of closely-watched primary races. Cuellar is competing against Jessica Cisneros, a 28-year-old immigration attorney with endorsements from Rep. Alexandria Ocasio Cortez of New York and Sen. Bernie Sanders of Vermont. And Bourdeaux is locked in a tight race against Rep. Lucy McBath, another candidate with strong progressive support.Progressives are hoping to oust moderates who they argue helped tank Biden's expansive social and climate spending package once known as Build Back Better. In particular, they're focused on unseating Cuellar, one of the "Unbreakable Nine" House Democrats who nearly derailed Biden's agenda. Sanders recently campaigned with Cisneros in San Antonio, Texas. He cast the race as a "battle against the billionaire class."Last year, both Cuellar and Bordeaux joined a rebellion with seven other House Democrats to split the bipartisan infrastructure law from passing alongside the Build Back Better bill. The latter measure eventually died in the Senate.— Joseph Zeballos-RoigArkansas polls have closedSen. John BoozmanBallotpediaArkansas closed its polls at 7:30 p.m. CT/8:30 p.m. ET on Tuesday and results should begin to trickle in soon. We've got two pages tracking Arkansas races: One for the Senate, where incumbent Sen. John Boozman is looking to retain his seat, and one for Arkansas' gubernatorial and local races.— Madison HallThe state of play in AlabamaAlabama Gov. Kay Ivey speaks during a news conference in Montgomery.AP Photo/Kim ChandlerIncumbent Republican Gov. Kay Ivey is believed to be a strong frontrunner to win renomination in deeply conservative Alabama, on the road to a likely GOP win this fall.And in the GOP Senate primary, GOP Rep. Mo Brooks, Katie Britt, who is Sen. Richard Shelby's former chief of staff, and businessman Mike Durant have been in a heated race for months. The 50-percent threshold is a tall one, and the top two candidates will likely head to a June 21 runoff. — John L. DormanGov. Brian Kemp trounces Trump-backed David PerdueGeorgia Gov. Brian Kemp walks onstage for a campaign event in Kennesaw, Georgia.Joe Raedle/Getty ImagesFormer President Donald Trump endorsed David Perdue, an ex-US senator, to punish Georgia Gov. Brian Kemp for not supporting his efforts to overturn the 2020 election. But Perdue's campaign struggled to keep pace with Kemp's spending, and Kemp resoundingly defeated Perdue early on Tuesday night, dealing a huge blow to Trump.Perdue is now the third Trump-endorsed candidate to lose in three weeks, following Charles Herbster in Nebraska and Lt. Gov. Janice McGeachin in Idaho. — Grace PanettaInsider on the ground in GeorgiaGeorgia gubernatorial hopeful David Perdue poses alongside a cardboard cutout of former President Donald Trump during a campaign stop in Augusta, Georgia.Warren Rojas/InsiderOver the past few days, Insider correspondent Warren Rojas has traveled across Georgia attending events headlined by many of the leading Republican contenders and speaking with voters about everything from Gov. Brian Kemp's standing in the party to the influence of former President Donald Trump.Here are some of the highlights:Former Vice President Mike Pence on Monday traveled to Georgia to campaign on behalf of Kemp, putting him at odds with his former boss, who is all-in for ex-Sen. David Perdue. While Kemp was thought to be vulnerable over his defense of the integrity of the 2020 presidential vote in the state, Perdue has lagged in fundraising and endorsements, and the incumbent has also effectively used his bully pulpit to work in tandem with the GOP-controlled legislature to enact conservative legislation.While Perdue has had trouble gaining traction in the polls, controversial Rep. Marjorie Taylor Greene remains a major draw for conservatives. She remains a powerful force in the MAGA movement, and is highly regarded as the favorite this fall in her congressional district, which was drawn to elect a Republican.— John L. DormanWhat is Herschel Walker's John Hancock worth?Herschel Walker speaks at a Trump rally in Georgia.Sean Rayford/Getty ImagesRepublican US Senate candidate Herschel Walker has some significant — and complicated — personal finances. So significant and complicated, apparently, that Walker failed for months to properly report millions of dollars in earnings that he's required by federal law to disclose, as Insider reporter Madison Hall revealed last week.But here's another financial curiosity: If Walker wins his primary tonight as expected, then defeats incumbent Democratic Sen. Raphael Warnock in November's general election, he'll stand to earn a standard Senate salary of $174,000.That's less than Walker, a former football star, earned last year from "memorabilia autograph services" he provided to Gary Takahashi Sports Marketing LLC, a firm known for monetizing athletes' John Hancocks.Walker's most recent personal financial disclosure, submitted May 15 to the US Senate, indicates Gary Takahashi Sports Marketing LLC paid Walker "wages" of $211,544. — Dave LevinthalMarjorie Taylor Greene: Disney fan or no?Rep. Marjorie Taylor Greene.Megan Varner/Getty ImagesRep. Marjorie Taylor Greene of Georgia faces a handful of Republican primary challengers tonight, most notably "no-nonsense conservative" Jennifer Strahan. But the bombastic freshman is expected to win her party's nomination on the strength of her ultra-MAGA platform. Recently, Greene picked a fight with Walt Disney Co. for its opposition to a new Florida law that outlaws lessons about gender identity and sexual orientation. But what many Georgia voters probably don't realize is that the lawmaker personally invests in Disney stock. Asked about this, Greene told Insider that she doesn't make her own stock trades.She reiterated this assertion during a candidate debate earlier this month when one of her opponents, Seth Synstelien, asked her about her investments in defense contractor stocks."I usually find out about stock trades when I read them in the news just like you have," Greene said. "I signed an agreement with our financial advisor that I don't know anything about trades made on behalf of me or my husband. I always find out about them when they are written by leftists like Business Insider just like you are talking about."— Dave Levinthal Stacey Abrams' campaign is spending big bucks on securityStacey Abrams addresses the Gwinnett County Democratic Party fundraiser in Norcross, Georgia.Akili-Casundria Ramsess/ APStacey Abrams will cruise to victory in Georgia's gubernatorial primary today but is gearing up for one of the most contentious races in the country.As one of the most high-profile Democrats in the nation, she's spent a substantial sum on security. In fact, her security agency, Executive Protection Agencies, was the third highest payee in her campaign expense reports, costing her campaign a total of $390,132. As Insider's C. Ryan Barber previously reported, Abrams' voting rights PAC, Fair Fight, spent more than $1.4 million on security in 2020 and 2021, with the bulk of that money going toward Executive Protection Agencies.And while these expenditures are significantly more than that of most politicians and candidates in the US, the threats are real: former congresswoman Gabby Giffords was shot in the head in 2011 at a constituent meeting and GOP Whip Rep. Steve Scalise was shot at a Congressional baseball game in 2017.— Madison HallPolls close in the Peach StateGeorgia Secretary of State Brad Raffensperger speaks during a news conference in Atlanta. Georgia election officials have announced an audit of presidential election results that will trigger a full hand recount.AP Photo/Brynn AndersonPolls have just officially closed in Georgia. We're watching a Senate primary, former Sen. David Perdue's challenge to Gov. Brian Kemp, another Trump-backed challenge to Secretary of State Brad Raffensperger, and a number of House primaries, including two Democratic House members facing off for the same Georgia district. Our Warren Rojas reports from the Kemp watch party that some counties are keeping polling locations open until 8 p.m. to account for delays at the beginning of the day, so we won't get statewide race calls until after then.–Grace PanettaInsider's Warren Rojas is in Georgia covering the governor raceGeorgia Gov. Brian Kemp (R) and former US Vice President Mike Pence attend a campaign event at the Cobb County International Airport.Joe Raedle/Getty ImagesFor a primer on the high stakes for the GOP in Georgia, check out this rundown of the race for Governor from Insider's Warren Rojas and Elvina Nawaguna. Rojas is in Georgia and will be reporting live from The Peach State all night. Both the former president and the former vice president have come down on opposite sides in the tense primary, they write:Perdue supporters are threatening to sit out the November elections if their candidate loses the primary rather than vote for Kemp, who they still hold responsible for Trump's 2020 loss in Georgia. Trump's team did not respond to a request for comment on the tele-rally, which comes days after news reports that he was backing away from Perdue as polls showed the candidate losing.Meanwhile, Kemp is already anticipating that pro-Trump Republicans could try to challenge his primary win after the Tuesday vote. He's trying to get ahead of it by assuring voters that any "mechanical" issues that might have marred the 2020 election have already been solved through a bill he signed into law last year.- Walt HickeyDonald Trump's funky winning ratePennsylvania Republican U.S. Senate candidate Dr. Mehmet Oz joins former President Donald Trump onstage during a rally in support of his campaign at the Westmoreland County Fairgrounds in Greensburg, Pennsylvania.Jeff Swensen/Getty ImagesHere's what we know about former President Donald Trump's primary endorsee win record: His numbers are great when the person he's endorsing is running unopposed or faces tepid or token opposition. It's easy to pick winners when you know they're going to win, right?Where things get funky for Trump: When he endorses a candidate in a tight, tough Republican primary race.In these kinds of contests, Trump's picks have often faltered or underperformed, as Jake Lahut, Madison Hall, Brent D. Griffiths, and Warren Rojas report in this analysis with lots of cool charts.What does that mean for tonight's races? It means that in Georgia, for example, Republican US Senate candidate Herschel Walker — a Trump endorsee — will likely cruise to victory because he has minimal opposition. But on the same ballot, Trump's gubernatorial pick, former US Sen. David Perdue, could very well lose to Trump nemesis and current Gov. Brian Kemp. — Dave LevinthalLive election results start streaming in at 7 p.m. ET. Here's where to find the results.Georgia election officials counting ballots.Jessica McGowan/Getty ImagesWe're covering dozens of primary races up and down the ticket in four states — click on the links below to see live results for each race Georgia Senate Georgia governor  Georgia secretary of stateGeorgia House and state legislature Alabama Senate & HouseAlabama governor & state legislatureTexas' 28th District Democratic primary runoffTexas attorney general and congressional runoffsArkansas Senate & HouseArkansas governor & state legislaturePolls close at 7 p.m. ET in Georgia, 8 p.m. ET in Alabama and most of Texas, and 8:30 p.m. ET in Arkansas  -Grace Panetta Read the original article on Business Insider.....»»

Category: personnelSource: nytMay 24th, 2022

LIVE RESULTS: Sen. John Boozman faces multiple primary challengers in Arkansas

A major Republican megadonor is backing former college football player and Army veteran Jake Bequette to challenge Boozman from the right. Arkansas Sen. John BoozmanAP Photo/Danny JohnstonArkansas is holding US Senate and House primaries on Tuesday. Polls closed at 7:30 p.m. local time. The race and the stakes: GOP Sen. John Boozman of Arkansas is facing multiple primary challengers in Tuesday's primaries. Boozman's main challenger is Jake Bequette, a former Arizona Razorbacks football star, US Army veteran, and New England Patriots defensive end who was on the team's practice squad during their Superbowl-winning 2014 season.Bequette's campaign is backed by a powerful Midwestern billionaire and Republican megadonor, shipping executive Dick Uihlein.Uihlein has spent $1.4 million in independent expenditures supporting Bequette through the Arkansas Patriots Fund, a PAC established to support Bequette, in what Politico described as "one of the best-funded and most serious efforts to dethrone an incumbent senator this year."Boozman has been endorsed by former President Donald Trump and has heavily touted himself as a Trump ally.But Bequette has sought to portray Boozman as a career politician and "squishy," painting himself as the true Trump-allied, America First candidate. Neither Boozman nor Arkansas' junior senator, Tom Cotton, voted to object to affirming President Joe Biden's victory on January 6, 2021. "From bragging about how tough he was on Donald Trump in 2016 to defending Liz Cheney just this past week, John Boozman has spent years working against President Trump as quietly as possible," Bequette said in one of his statements slamming Boozman. "Arkansas deserves leaders who will boldly support the America First agenda, not career politicians who only stand with Donald Trump when they stand to benefit." Boozman has far outmatched Bequette in fundraising and spending, campaign finance records show. Boozman has raised nearly $6 million, spent $4.8 million, and has $1.5 million in cash on hand compared to $1.2 million raised and nearly $877,000 spent by Bequette. Boozman's other Republican challengers are Jan Morgan, a gun range owner, and Heath Loftis, a pastor. If no one candidate wins over 50% of the vote, the top two candidates will advance to a June 21 runoff. Follow Insider's live coverage of all of Tuesday night's primaries here. Arkansas House primaries:  Read the original article on Business Insider.....»»

Category: smallbizSource: nytMay 24th, 2022

RESULTS: Sen. John Boozman faces multiple primary challengers in Arkansas

A major Republican megadonor is backing former college football player and Army veteran Jake Bequette to challenge Boozman from the right. Arkansas Sen. John BoozmanAP Photo/Danny JohnstonArkansas is holding US Senate and House primaries on Tuesday. Polls close at 7:30 p.m. local time. The race and the stakes: GOP Sen. John Boozman of Arkansas is facing multiple primary challengers in Tuesday's primaries. Boozman's main challenger is Jake Bequette, a former Arizona Razorbacks football star, US Army veteran, and New England Patriots defensive end who was on the team's practice squad during their Superbowl-winning 2014 season.Bequette's campaign is backed by a powerful Midwestern billionaire and Republican megadonor, shipping executive Dick Uihlein.Uihlein has spent $1.4 million in independent expenditures supporting Bequette through the Arkansas Patriots Fund, a PAC established to support Bequette, in what Politico described as "one of the best-funded and most serious efforts to dethrone an incumbent senator this year."Boozman has been endorsed by former President Donald Trump and has heavily touted himself as a Trump ally.But Bequette has sought to portray Boozman as a career politician and "squishy," painting himself as the true Trump-allied, America First candidate. Neither Boozman nor Arkansas' junior senator, Tom Cotton, voted to object to affirming President Joe Biden's victory on January 6, 2021. "From bragging about how tough he was on Donald Trump in 2016 to defending Liz Cheney just this past week, John Boozman has spent years working against President Trump as quietly as possible," Bequette said in one of his statements slamming Boozman. "Arkansas deserves leaders who will boldly support the America First agenda, not career politicians who only stand with Donald Trump when they stand to benefit." Boozman has far outmatched Bequette in fundraising and spending, campaign finance records show. Boozman has raised nearly $6 million, spent $4.8 million, and has $1.5 million in cash on hand compared to $1.2 million raised and nearly $877,000 spent by Bequette. Boozman's other Republican challengers are Jan Morgan, a gun range owner, and Heath Loftis, a pastor. If no one candidate wins over 50% of the vote, the top two candidates will advance to a June 21 runoff. Arkansas House primaries:  Read the original article on Business Insider.....»»

Category: topSource: businessinsiderMay 24th, 2022