Day: August 25, 2020

Tim Scott, GOP’s lone Black senator, ties his personal story to Trump’s re-election

Tim Scott, one of the most prominent Black Republicans in America, gave a stirring speech on Monday tying his personal journey from college dropout and son of a single working mother to lawmakers to Trump’s vision for the country’s future. 

“Do we want a society that breeds success, or a culture that cancels everything it even slightly disagrees with?” Scott in his speech — which was notably different than other speakers on the main stage in that Trump was not the main focus — touted his legislative relationship with the president on the economy and education.

He painted Biden and Harris as the leaders of “radical Democrats” who want to turn American into a “socialist utopia.” 

His speech was also designed as a pitch to Black voters, who almost universally support Biden and the Democratic ticket. Scott, who is the first Black

Read More

Joe Kennedy’s campaign wants Ed Markey to do more about personal threats and attacks

Rep. Joe Kennedy III says he has repeatedly received personal threats during his Senate primary campaign against Sen. Ed Markey.

a couple of people that are talking to each other: Rep. Joe Kennedy III and his wife, Lauren Birchfield Kennedy, take photos with supporters after they voted Saturday in Newton.

© Erin Clark / The Boston Globe
Rep. Joe Kennedy III and his wife, Lauren Birchfield Kennedy, take photos with supporters after they voted Saturday in Newton.

And while Kennedy and Markey have themselves agreed that vitriolic attacks have no place even in an increasingly contentious inordinately online race, the Massachusetts congressman’s campaign wants the incumbent senator to do more about it.

In an email Monday morning to Markey campaign manager John Walsh, Kennedy campaign manager Nick Clemons called for “a personal and public statement from Senator Markey himself instructing his followers to immediately end the attacks on Joe’s supporters, the threats to Joe and his family’s life, and the destruction of Kennedy for Massachusetts campaign materials and property.”

“At the end of the day, the buck stops with the

Read More

Sen. Tim Scott offers his personal story at RNC as counterpoint to Democrats’ agenda

Sen. Tim Scott, the highest-ranking Black Republican in Congress, painted Democrats as wanting to radically transform America and offered his personal biography as a counterargument to their agenda in a speech Monday at the Republican National Convention.

Tim Scott standing in front of a box: Sen. Tim Scott of South Carolina speaks during the Republican National Convention on Monday. (Susan Walsh / Associated Press)

© Provided by The LA Times
Sen. Tim Scott of South Carolina speaks during the Republican National Convention on Monday. (Susan Walsh / Associated Press)

The South Carolina senator, giving the capstone address of the evening, portrayed himself as the product of “the promise of the American journey,” a up-by-the-bootstraps story of upward mobility that brought the grandson of a cotton picker to the U.S. Capitol — and warned that Democratic rule could undermine such a trajectory.

“While this election is between Donald Trump and Joe Biden, it is not solely about Donald Trump and Joe Biden,” Scott said. “It’s about the promise of America. It’s about you and me — our challenges

Read More

BBC defends Proms conductor after “unjustified personal attacks”

The BBC has defended the <em/>Last Night of the Proms conductor after a report saying there were fears of a backlash if <em>Rule Britannia!</em> was performed. (PA)” src=”–/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ2OS4xMTY1NDEzNTMzODM0Nw–/–~B/aD0yODMyO3c9NDI1NjtzbT0xO2FwcGlkPXl0YWNoeW9u/″ data-src=”–/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ2OS4xMTY1NDEzNTMzODM0Nw–/–~B/aD0yODMyO3c9NDI1NjtzbT0xO2FwcGlkPXl0YWNoeW9u/″/</div>
</div><figcaption class=The BBC has defended the Last Night of the Proms conductor after a report saying there were fears of a backlash if Rule Britannia! was performed. (PA)

The BBC has criticised social media attacks made against this year’s Last Night of the Proms conductor amid the Rule Britannia! controversy.

The Sunday Times reported that organisers feared a backlash if the anthem was played, along with Land of Hope and Glory, because of a perceived association with slavery and colonialism.

It drew anger from supporters of the music, and it has since been confirmed the pieces will be played but without singing.

Some Twitter users criticised this year’s conductor, Dalia Stasevska, from Finland, but the BBC has moved to defend her.

Dalia Stasevska was criticised on Twitter, but the BBC has moved to defend her. (Newspix via Getty Images)
Dalia Stasevska was criticised on
Read More

Evangelical leader Falwell’s fate in limbo after new reports of personal scandals

WASHINGTON (Reuters) – Jerry Falwell Jr, whose endorsement helped power Donald Trump to the U.S. presidency, agreed to immediately resign as head of the Christian university he runs but then withdrew his resignation following media reports about it, the school said in a statement.

The statement late on Monday from Liberty University in Lynchburg, Virginia, where Falwell has served as president for over a decade, capped a day of back-and-forth news accounts surrounding an alleged sex scandal involving a business partner and Falwell’s wife.

Hours earlier, Politico quoted Falwell as saying, “I have not resigned,” in response to reports in the Washington Post and other media that he had stepped down.

ABC News and the Wall Street Journal each reported separately that Falwell had told them on Monday night that he had submitted his resignation to the university’s board of directors.

The sequence of events came a little over two

Read More

Republicans Get Personal About Trump to Counter Attacks on His Character | America 2020

As Republicans repeatedly warned of a socialist takeover and a “radical left” agenda looking to transform the county, some of President Donald Trump’s closest allies spent the first night of the GOP’s nominating convention seeking to paint a more personal portrait of the president.

Since running for president in 2016, Trump has typically opted for large campaign rallies and gatherings instead of more intimate events to meet and socialize with voters and supporters. But with the coronavirus pandemic largely halting in-person campaigning, the nearly all-virtual Republican convention gave those who know him best a chance to show a more personal side of a president who has been urged by some in the party to soften his tone amid sinking poll numbers.

Rep. Jim Jordan of Ohio, one of the president’s fiercest allies in Congress, usually gives fiery speeches defending the president and decrying Democratic policies, most notably during the impeachment

Read More

Real Vision Talks K-Shaped Recovery, Tesla, Money Market Fund Fee Waivers

Inequality is an ever-widening chasm as the strong get stronger and the weak go out of business. Real Vision’s Ash Bennington and Ed Harrison talked about the gap between large and tech-based companies on the upside of the economic recovery versus the small and brick-and-mortar businesses on the downside during today’s Daily Briefing.

They said that the gap between winners and losers is forming what some are calling a “K”-shaped recovery. With claims that cities are “dead,” one interesting sector on the upside they discussed is homebuilders, whose businesses are booming.

Existing home sales are through the roof, with distant suburbs riding in popularity as many flee populated urban centers, and homebuilder ETFs are hitting record highs: the iShares U.S. Home Construction ETF (ITB) is up 150% since March and the SPDR Homebuilders ETF (XHB) is up 125% since March.

Bennington said this may be more short-term momentum than a

Read More

What The Billboard Top Money Makers Chart Tells Us About Today’s Music Business

It’s always interesting to read an estimation of what top music artists earn, but any such chart is just that – an estimation. That being said, people with knowledge of typical income streams and label and publishing deals can make a reasonable guess of what an artist actually earns from year to year. Is that guess off by any amount? Probably, but we’ll never know for sure. That said, Billboard does a pretty good job of determining what a superstar music artist netted during any given time period.

This year’s chart takes into account things like the average label deal, management’s cut, the average blended royalty rate from both streaming and video views, producer’s fees, and even average co-publishing deals. A guesstimate – yes, but a pretty educated one from the looks of things.

While it’s fun to look at what your favorite artists made

Read More

Germany on ‘Road to Recovery’ as Business Morale Brightens Further | Investing News

By Michael Nienaber and Rene Wagner

BERLIN (Reuters) – German business morale improved more than expected in August as both manufacturing and services picked up steam, a survey showed on Tuesday, boosting hopes that Europe’s largest economy is set for a strong recovery following the massive coronavirus shock.

The Ifo institute said its business climate index rose to 92.6 from a downwardly revised 90.4 in July. This was the fourth monthly increase in a row and came in better than economists’ expectations for 92.2.

Ifo economist Klaus Wohlrabe said he expected the economy to grow by almost 7% on the quarter in the July-September period after it posted a record plunge of 9.7% in the previous three months at the height of the pandemic.

“The German economy is on the road to recovery,” Ifo President Clemens Fuest said in a statement, adding that firms assessed their current business situation much

Read More

Restaurants are shelling out big money for new tech and safety measures

Many restaurants are still in a daily fight for survival, teetering precariously between financial distress and recovery. Insurmountable operating costs and the dreaded spread of COVID-19 amongst staff have either permanently or temporarily shuttered countless restaurants throughout North Texas.

In attempts to outlast the virus and its economic destruction, some restaurant operators are trying to stay ahead of it by paying substantial sums for new technology and enhanced safety measures.

Al Biernat, owner of Al Biernat’s, installed air purification systems in his two Dallas steakhouses. The restauranteur says the ActivePure filtration systems, which are designed to remove airborne contaminates, come at a whopping $50,000 a pop, but the price tag is worth the peace of mind they bring.

All employees, delivery workers and food purveyors at both Al Biernat’s locations also have their temperatures checked before entering. In June, Biernat had to temporarily shut the North Dallas location of his

Read More