Category Archives: Money

David Spade Donates 100k in Light Of Kate Spade’s Death

By: ABC

One week after his sister-in-law’s death, David Spade has donated $100,000 to help those afflicted with mental illness.

Spade didn’t announce this on social media or make a big fuss; People magazine confirmed the news late Wednesday via his representative.

The donation will support the National Alliance on Mental Illness and Spade tells the magazine that, “More people suffer from mental health issues than we may realize but no one should ever feel ashamed to reach out for support.”

He added, “If you or anyone you know is in need of help or guidance please contact the national suicide prevention hotline at 800-273-8255 or go to nami.org to learn more and help those who may be in need.”

Kate Spade, who was married to the comedian’s brother andy, took her own life at the age of 55 last week and the “Joe Dirt” star has been vocal about the shock and grief that comes from losing a member of the family so suddenly.

Shortly after her death, Spade posted a happy photo to Instagram with the caption, “Fuzzy picture but i love it. Kate and I during Christmas family photos. We had so much fun that day. She was so sharp and quick on her feet. She could make me laugh so hard. I still cant believe it. Its a rough world out there people, try to hang on.”

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North Korea and US Leaders Meet Face To Face

By : Everett Rosenfield & Nyshka Chandran

U.S. President Donald Trump and North Korean leader Kim Jong Un met face-to-face Tuesday morning for their highly anticipated summit. After hours of talks, the U.S. president said he was heading toward “a signing” with Kim, but there was no immediate indication of what sort of agreement would be signed.

The summit began with the two men briefly shaking hands and taking a photo side-by-side, then moving to another room, where they sat and made brief statements for the press.

“We’re going to have a great discussion and, I think, tremendous success. It will be tremendously successful. And it’s my honor,” Trump said.

“We will have a terrific relationship — I have no doubt,” the president added.

For his part, the North Korean leader said, “It was not easy to get here. The past worked as fetters on our limbs, and the old prejudices and practices worked as obstacles on our way forward. But we overcame all of them, and we are here today,” according to a translation provided by the White House.

Trump responded: “That’s true.”

Following those comments, the two leaders began what was said to be a one-on-one meeting, with only translators in attendance.

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NASA Makes Organic Material On Mars

By: NASA

NASA’s Curiosity rover has found new evidence preserved in rocks on Mars that suggests the planet could have supported ancient life, as well as new evidence in the Martian atmosphere that relates to the search for current life on the Red Planet. While not necessarily evidence of life itself, these findings are a good sign for future missions exploring the planet’s surface and subsurface.

The new findings – “tough” organic molecules in three-billion-year-old sedimentary rocks near the surface, as well as seasonal variations in the levels of methane in the atmosphere – appear in the June 8 edition of the journal Science.

Organic molecules contain carbon and hydrogen, and also may include oxygen, nitrogen and other elements. While commonly associated with life, organic molecules also can be created by non-biological processes and are not necessarily indicators of life.

“With these new findings, Mars is telling us to stay the course and keep searching for evidence of life,” said Thomas Zurbuchen, associate administrator for the Science Mission Directorate at NASA Headquarters, in Washington. “I’m confident that our ongoing and planned missions will unlock even more breathtaking discoveries on the Red Planet.”

“Curiosity has not determined the source of the organic molecules,” said Jen Eigenbrode of NASA’s Goddard Space Flight Center in Greenbelt, Maryland, who is lead author of one of the two new Science papers. “Whether it holds a record of ancient life, was food for life, or has existed in the absence of life, organic matter in Martian materials holds chemical clues to planetary conditions and processes.”

Although the surface of Mars is inhospitable today, there is clear evidence that in the distant past, the Martian climate allowed liquid water – an essential ingredient for life as we know it – to pool at the surface. Data from Curiosity reveal that billions of years ago, a water lake inside Gale Crater held all the ingredients necessary for life, including chemical building blocks and energy sources.

“The Martian surface is exposed to radiation from space. Both radiation and harsh chemicals break down organic matter,” said Eigenbrode. “Finding ancient organic molecules in the top five centimeters of rock that was deposited when Mars may have been habitable, bodes well for us to learn the story of organic molecules on Mars with future missions that will drill deeper.”

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Takeaways From California’s Primary Elections

By: The New York Times

The battle for control of Congress was front and center on Tuesday night, with races taking shape in several intensely contested House seats in California and New Jersey. But there were revealing elections in the Midwest and the South, too, underscoring President Trump’s power in the Republican Party and the different ways Democrats hope to loosen his hold on red-state America.

Here are some of our takeaways:

Money matters in California

National Democrats spent over $7 million in an effort to ensure they had a candidate reach the general election in three House districts in California held by Republicans. Their decision to not take their chances in the state’s “top two” system — in which the top finishers in nonpartisan, open primaries face each other in November — appears to have been a wise investment.

The party’s intervention in the districts held by Representative Dana Rohrabacher, Ed Royce and Darrell Issa, all Republicans, paid off: they angered some of their own activists but were virtually certain to advance candidates in each of the three districts, including their preferred picks against Mr. Rohrabacher and in Mr. Royce’s seat.

And the Democrats also got a bit of a lesson about the risks of not intervening, in the race for the seat held by Representative Jeff Denham. The Democrat Josh Harder got little outside help and appeared poised to barely edge out a little-known Republican challenger because the other five Democrats split more than 30 percent of the vote.

It did not come cheap, but if Democrats secure a narrow House majority in November they will have done so in part because they decided to aggressively compete in June.

Trump voters can have long memories

Representative Martha Roby, Republican of Alabama, talked about building the wall. She voted to repeal the Affordable Care Act. She backed the president’s tax bill.

And yet.

Less than two years after saying she could not support Mr. Trump in the presidential campaign, Ms. Roby appeared to pay a political price on Tuesday, failing to clear the threshold — half of the vote — necessary to avoid a runoff for her seat.

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States Take Net Neutrality Into Their Own Hands

By: Harper Neidig of The Hill

States are pushing their own net neutrality laws and rules in defiance of the Federal Communications Commission’s (FCC) repeal, heightening the possibility that supporters will be waging another legal battle over the popular Obama-era regulations.

Washington and Oregon have already passed their own laws to fill the void left by the FCC’s repeal, and California appears to be close behind after the state Senate passed a net neutrality bill on Wednesday.

A total of 29 states have proposed their own open internet legislation, according to Gigi Sohn, a fellow at Georgetown Law who’s been tracking the initiatives.

And five Democratic governors have gone with another tactic: issuing executive orders that prohibit the state from doing business with any broadband company that violates the principles of net neutrality.

The FCC’s repeal order included a provision preempting states from creating their own net neutrality rules, and this movement could lay the groundwork for a court battle over states’ rights to implement their own consumer protections.

A potential industry lawsuit against the states that have passed net neutrality laws could hold some promise for net neutrality supporters, says Marc Martin, a communications and technology lawyer at Perkins Coie.

“It’s not a slam dunk” despite the preemption clause, Martin said. “It’ll be interesting, I think that is one of the more vulnerable parts of the repeal overall.”

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Democrats Demand Investigation On Trump Chinese Loan

By: Jessica Kwong of Newsweek

More than 60 House Democrats are calling for an ethics investigation over the “extremely short time frame” between a $500 million loan the Chinese government made to an Indonesian theme park with Trump Organization properties, and President Donald Trump’s move to save the Chinese telecommunications firm ZTE.

In a letter addressed to U.S. Office of Government Ethics Acting Director David Apol, tweeted by U.S. Representative David Cicilline of Rhode Island on Sunday, Democrats pointed out that Trump had his administration save ZTE from financial collapse three days after reports of the Chinese government’s massive loan to the theme park that will include a Trump-branded hotel and golf course, residences and shops.

“We believe that these events raise several potential constitutional and ethical violations,” the letter stated. “First, the Chinese governments loan may invoke the Emoluments Clause of the United States Constitution, which prohibits officials holding an ‘office of profit or trust’ from accepting payment or gifts from a foreign government without the consent from Congress.”

Trump has refused to divest from his business interests, handing day-to-day operations of the Trump Organization to his two eldest sons but maintaining a revocable trust that he can draw funds from anytime.

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Trump Cancels Major Meeting

By: Mike Calia of CNBC

President Donald Trump canceled his historic nuclear summit with Kim Jong Un on Thursday, accusing North Korea of “tremendous anger and open hostility.”

The meeting, which would have marked the first face-to-face encounter between a sitting U.S. president and a North Korean leader, was set for June 12 in Singapore.

“Sadly, based on the tremendous anger and open hostility displayed in your most recent statement, I feel it is inappropriate, at this time, to have this long-planned meeting,” Trump wrote in a letter to Kim, which was released Thursday morning.

Stocks fell and gold rose after news of the cancellation broke.

Much of the letter was written in seemingly friendly terms, including praise for North Korea’s recent release of three American prisoners. In contrast, Trump also appeared to issue a threat that conjured memories of his war of words with Kim last year.

“You talk about your nuclear capabilities, but ours are so massive and powerful that I pray to God they will never have to be used,” Trump wrote.

The cancellation appeared to take South Korea’s government by surprise. The nation’s president, Moon Jae-in, had played a pivotal role in setting up recent diplomatic developments.

A representative of Moon’s office said the South Korean administration was “trying to figure out what President Trump’s intention is and the exact meaning of it,” according to the country’s Yonhap News Agency. Moon and his aides convened emergency meetings to address the shock announcement, which broke shortly before midnight in Seoul.

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NYC Mayor Advises Police To End Marijuana Smoking Related Arrests

By Sonia Moghe and Susannah Cullinane

New York City Mayor Bill de Blasio has told top brass at the city’s police department to stop arresting people who are caught smoking marijuana in public, according to a City Hall aide.

Currently, smoking in public can lead to arrest, while possession of small amounts of marijuana can lead to a summons.

This weekend, the mayor told the NYPD to issue summonses for smoking pot in public, instead of making arrests.

The NYPD has already begun a working group to evaluate its marijuana enforcement procedures and present its recommendations within 30 days, at the mayor’s request. The mayor made it clear this weekend that ending public marijuana smoking arrests is one of the changes he wants.

Any changes to NYPD’s policy on smoking in public would not take effect until the end of the summer.

NYPD Deputy Commissioner of Public Information Phil Walzak told CNN that the 30-day working group is already underway, and that the issue is “certainly part of that review.”

“The working group is reviewing possession and public smoking of marijuana to ensure enforcement is consistent with the values of fairness and trust, while also promoting public safety and addressing community concerns,” Walzak said.

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Documents Reveal Troubling Documents For Net Neutrality Repeal

By: Medium

This past week, AT&T apologized for for its “serious misjudgment” in hiring U.S. President Donald Trump’s personal attorney Michael Cohen to provide “insights” into how the new administration would handle issues like net neutrality and AT&T’s proposed merger with Time Warner Cable.

Although Pai denied hearing from Cohen, new scheduling documents obtained through FOIA by corruption watchdog American Oversight show the Chairman met with with top AT&T executives at a private dinner in Barcelona a month after the company began paying Cohen. One of the top AT&T representatives present at this meeting was noted net neutrality enemy Bob Quinn, who hired Cohen and has since stepped down over the controversy.

These revelations come on the tail of one of the most problem-ridden and undemocratic consultations in the FCC’s history. Throughout the comment period, the agency refused to address problems with fake comments, alleged DDoS attacks that prevented Internet users from commenting, and failed to release of thousands of important consumer complaints over net neutrality violations until the last minute.

At this point, members of Congress must vote to support the CRA and reverse the agency’s disastrous net neutrality repeal when the resolution hits the Senate floor in just over 24 hours. Then they need to hold a public hearing to investigate what went on between AT&T, Cohen, and the FCC, and give the public the answers they deserve.

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Google Under Investigation For Secretly Mining Data

By: John Rolfe of Daily Telegraph

THE ACCC is investigating accusations Google is using as much as $580 million worth of Australians’ phone plan data annually to secretly track their movements.

Australian Competition and Consumer Commission chairman Rod Sims said he was briefed recently by US experts who had intercepted, copied and decrypted messages sent back to Google from mobiles running on the company’s Android operating system.

The experts, from computer and software corporation Oracle, claim Google is draining roughly one gigabyte of mobile data monthly from Android phone users’ accounts as it snoops in the background, collecting information to help advertisers.

A gig of data currently costs about $3.60-$4.50 a month. Given more than 10 million Aussies have an Android phone, if Google had to pay for the data it is said to be siphoning, it would face a bill of between $445 million and $580 million a year.

Google’s privacy consent discloses that it tracks location “when you search for a restaurant on Google Maps”. But it does not appear to mention the constant monitoring going on in the background even when Maps is not in use.

The Oracle experts say phone owners’ data ends up being consumed even if Google Maps is not in use or aeroplane mode is switched on. Nor will removing the SIM card stop it from happening. Only turning off a phone prevents monitoring, it says.

The information fed back to Google includes barometric pressure readings so it can work out, for example, which level of a shopping mall you are on. By combining this with your coordinates Google knows which shops you have visited.

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