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TexasTowelie's JournalDow drops 350 points after poor outlooks from Caterpillar, Nvidia
Stocks fell sharply on Monday as investors fretted over weak earnings from Caterpillar and a big cut in revenue guidance from chipmaker Nvidia.
The Dow Jones Industrial Average fell 350 points as Caterpillar lagged. The S&P 500 dropped 1.2 percent, led lower by the tech and industrial sectors. The Nasdaq Composite declined 1.6 percent.
Caterpillar shares fell 9 percent after the industrial giant posted weaker-than-expected earnings for the fourth quarter. The company said its sales in the Asia/Pacific region declined because of lower demand in China. Caterpillar is considered a bellwether for global trade given the company’s exposure to overseas markets. The company also issued disappointing guidance.
Nvidia, meanwhile, dropped 17.5 percent after slashing its fourth-quarter revenue guidance to $2.2 billion from $2.7 billion. The chipmaker said “deteriorating macroeconomic conditions, particularly in China,” impacted demand for its graphics processing units.
Read more: https://www.cnbc.com/2019/01/28/stock-market-trump-expresses-skepticism-over-border-wall-deal.html
Castleton University aims to reinvent itself with curriculum shift
CASTLETON, Vt. (WCAX) Green Mountain College officials announced earlier this week that the they will be shutting down this spring due to financial troubles. Nearby Castleton University has offered to take on those students. Like many small New England colleges vying for a dwindling pool of students, the university plans to change how it delivers its curriculum, getting students in the workforce before they graduate.
Castleton faculty in December signed off on a new plan designed to keep the university competitive. They are adding three colleges to the campus, including programs in business, health and science, and arts, humanities and social sciences.
"It's going to mean a lot of opportunities for autonomy within programs to create other pathways to certificates -- a lot of cross curriculum stuff we can do by positioning ourselves that way," said the University's Jeff Weld.
One example is that the new college of business plans to take over the Killington School of Resort Management that Green Mountain College was running. It will allow students to get real-world work experience before they graduate.
Read more: https://www.wcax.com/content/news/Castleton-University-to-consider-curriculum-shift-504880622.html
Vermont Statehouse Tightens Press Access Following Inaugural Outburst
The Vermont Statehouse has tightened up its credentialing process for journalists ahead of Gov. Phil Scott’s budget address Thursday. The stricter requirements come after an activist posed as a reporter and disrupted the governor’s inaugural speech earlier this month.
Media members who wanted to cover Scott’s address from the press gallery were required to email the sergeant at arms by noon Wednesday. Previously, reporters could sign in on the day of the event.
The governor's communications office detailed the new process in an email sent Tuesday to members of the media.
Reporters and photographers must show photo ID to pick up their yellow press badges ahead of the speech. Only those who follow the new registration rules will get access to the House balcony for the event, Sergeant at Arms Janet Miller said.
Read more: https://www.sevendaysvt.com/OffMessage/archives/2019/01/23/media-note-vermont-statehouse-tightens-press-access-following-inaugural-outburst
Vermont Racists Frustrated Over Inability to Be Prosecuted
MONTPELIER – Concern has arisen among Vermont’s top racists after an announcement from state Attorney General TJ Donovan that he will not prosecute anyone involved in the attacks that led to Kiah Morris, the state’s only female African-American representative to resign. Many feel at this point that there is nothing they can do to be prosecuted.
“We really tried our best,” said the whitest, straightest man we have ever seen. “A lot of us really like being prosecuted. Makes us feel important and powerful, you know? But at this point I’m not sure where we go. We tried online harassment and threats, we broke into her house and car, we tried vandalism, but still we just got away with it free and clear. It just shows how hard it is for white men these days to accomplish things. It’s a tough world for us out there.”
Some racists are planning to leave more evidence around crime scenes, while others may start using their real names online in hopes of being held accountable for their actions.
“It’s a cry for help,” said Twitter user MAGAVTPower. “Honestly, we want to be told to stop, because we can’t stop ourselves. But nobody will take us to task. I blame the cuck Democrats for their weakness. Just take us down already! Grow a pair!”
Vermont Democrats responded to the complaints by promising to hold more sensitivity training, and several party leaders are reportedly working on an important informational poster.
http://thewinooski.com/index.php/2019/01/24/vermont-racists-frustrated-over-inability-to-be-prosecuted/
Yes, in case anyone is wondering this article is satire. If it is of any comfort to those in Vermont, the racists around the most of the rest of the country are similarly frustrated.
Trump Pledges to Keep Government Open At Least Long Enough to Give SOTU Address
WASHINGTON DC – The longest shutdown in the history of the US Government is coming to a temporary close as President Trump agrees to three weeks of fleeting government in order to make an important television appearance. After 35 days of the shutdown, Trump was not deterred by the destruction of our national parks, lack of border security at airports, safety issues, or hundreds of thousands of Americans suddenly going without a paycheck, but when the president learned that he might miss a chance to be on network television, he sprang into action.
The White House is insisting that their stance on the border wall that nobody wants or needs has not changed, and that if the ineffective and damaging measure is not approved, the shutdown will resume.
“Let’s be clear,” said White House Press Secretary Sarah Huckabee Sanders, “once the President gets to be on television and go to the Superbowl, all deals are off. We’re shutting right back down until he personally wants something else. We may open sporadically for things like his birthday, or if the McRib comes back, but otherwise we are committed to destroying the foundations of our society as quickly as possible.”
When asked about their feelings on the statement from the White House, the response was not surprisingly split along party lines, with 97% of Democrats opposed to the destruction of the country, and 64% of Republicans in favor of the statement.
“Heck yeah, that’s why I voted for him,” said one of Vermont’s executive trolls. “Why do we need a government? What did they ever give us, besides, jobs, the economy, security, roads, bridges, schools, safety, transportation, freedom, and taxes? It’s time to shake things up! We don’t need any of that! Trump 2020! You know, if he decides to hold elections and stuff.”
http://thewinooski.com/index.php/2019/01/26/trump-pledges-to-keep-government-open-at-least-long-enough-to-give-sotu-address/
VT Insights: Is Bernie Sanders falling behind other progressive stars?
The boldest ideas tackling inequality are coming from people other than Bernie Sanders and that may take the shine off of the Vermont senator's aura as the leader of the progressive movement.
As Sanders ponders a possible bid for the 2020 Democratic presidential nomination, the fresh — some would say radical — ideas that defined his campaign in 2016 are now part of the Democratic mainstream.
Medicare for all, free college tuition, $15/hour minimum wage and the larger themes of economic justice and social equity are common talking points among 2020 Democratic hopefuls.
Meanwhile, other players on the field — both in and out of running for the nomination — are articulating specific plans that go beyond Sanders' denunciation of billionaires and the 1 percent.
Read more: https://www.burlingtonfreepress.com/story/news/politics/elections/2019/01/26/bernie-sanders-running-2020-presidential-election-democrat-candidates-elizabeth-warren-ocasio-cortez/2676105002/
Vermont budget updates: Gov. Phil Scott calls for new tax on vape products
MONTPELIER - After two years of resisting any new revenue sources, Gov. Phil Scott called Thursday for an additional $10 million in taxes and more than $8 million in increased fees to fund state government.
The governor called for applying the 92 percent tobacco tax to e-cigarettes and vaping products, which would raise about $1 million. The audience erupted into applause when he announced the proposal, which has passed the House and Senate in past years but never became law.
Scott said the tax would mitigate health risks associated with nicotine addiction.
"Our kids must know the dangers of these behaviors, and we should stop it in its tracks," Scott said.
Read more: https://www.burlingtonfreepress.com/story/news/politics/government/2019/01/24/vermont-governor-phil-scott-budget-2020-taxes-fees/2643385002/
2020 contender Jay Inslee hammers home he's the 'climate change' candidate in NH
GOFFSTOWN — While he trails the ever-growing list of Democratic presidential hopefuls in name recognition, Washington governor and potential 2020 contender Jay Inslee now leads the prospective Democratic field in one niche category: the only candidate — declared or otherwise — to use the words “climate change” over 20 times in a single Granite State appearance.
In a Tuesday morning roundtable discussion with Saint Anselm students at the college’s Institute of Politics, Inslee mentioned climate change 21 times during a 25-minute address in which he stated that the fight against climate change was an “urgent matter” that the next presidential administration should “intensely focus on as a first and foremost priority.”
Referencing a trip he had made in the aftermath of the wildfires that ravaged Paradise, Calif., last year, Inslee said he believes climate change has left the halls of academia and evolved into a personal problem in the daily lives of many Americans.
“What used to be a graph on a chart is now a reality in our lives,” said Inslee. “And because of that, we just have to recognize this simple premise on climate change and it’s this: we are the first generation to feel the sting of climate change, and we are the last generation who can do something about it.”
Read more: https://www.unionleader.com/news/politics/national/contender-jay-inslee-hammers-home-he-s-the-climate-change/article_4425fa43-a730-5dac-8812-947d088ad1c7.html
Former Portsmouth bank manager indicted for stealing over $97k from customer
CONCORD — A former assistant vice president and manager at a Portsmouth bank has been indicted on charges of taking more than $97,000 from a customer.
Britt K. Landsperger, 46, of Stratham was indicted on seven theft charges in Rockingham County Superior Court. The former assistant vice president and manager at TD Bank on Lafayette Road in Portsmouth is accused of having unauthorized control over money from seven TD Bank accounts belonging to the 68-year-old customer with a brain injury, identified as “C.M.,” between 2013 and 2018, according to a release from the Attorney General’s office
Landsperger is accused of using the money to pay rent, go shopping, eat out, get manicures, throw a graduation party for a relative and take family summer vacations, according to prosecutors.
Portsmouth police and the state’s Bureau of Elderly and Adult Services were notified about the thefts after a bank employee reported them in May of 2018. The customer, a 68-year-old former teacher, relied on employees to assist her with financial matters because she could not balance her own checkbooks.
Read more: https://www.unionleader.com/news/crime/former-portsmouth-bank-manager-indicted-for-stealing-over-k-from/article_b403fcb7-cde2-5faf-8d00-9c35cc4396a6.html
Shaheen to run for third term in U.S. Senate in 2020
In a widely expected move, Democratic Sen. Jeanne Shaheen announced she’ll run for a third six-year term representing New Hampshire in the U.S. Senate when she’s up for re-election in 2020.
Shaheen, the first woman in U.S. history to be elected both a governor and a senator, made her official announcement Sunday morning.
“I do intend to run again in 2020,” Shaheen declared on WMUR.
“I think what this Senate race needs to be about is what we need to do in New Hampshire and this country to address our future,” she explained.
Read more: https://www.concordmonitor.com/Shaheen-announces-she-is-running-for-re-election-23060418
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Gender: MaleHometown: South Texas. most of my life I lived in Austin and Dallas
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