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Tag: labor and employment

  • Rockland County, New York, officials say sparks from CSX train apparently cause brush fires | CNN

    Rockland County, New York, officials say sparks from CSX train apparently cause brush fires | CNN

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    CNN
     — 

    A CSX train apparently caused sparks as it traveled through its Rockland County, New York, route, creating “dozens of brush fires,” according to the Rockland County Sheriff’s Office.

    In a Facebook post, the sheriff’s office said, “A CSX train traveling through the Town of Clarkstown, Stony Point, Haverstraw, Village of Haverstraw, Village of West Haverstraw appears to have caused sparks to fly all along the route through these municipalities, creating dozens of brush fires which the Volunteer Fire Departments and Town Police Departments are responding to.”

    CSX said in a following statement, “At approximately 1:57 p.m. ET today, CSX was contacted by Haverstraw Town Police requesting that train traffic be stopped due to brush fires near Gurnee Avenue in Haverstraw, NY. CSX inspected the train that was in the area and no issues were reported. We will continue to work in close coordination with first responders and hold train traffic out of the area to allow for a safe response. CSX is cooperating with Rockland County officials, who are investigating.”

    Beth Cefalu, a spokesperson for the Rockland County Executive’s Office, said preliminary indications suggest that “a train was kicking up sparks and started fires.”

    The train has been stopped as firefighters put out the fires, Cefalu said.

    Three firefighters suffered heat exhaustion battling the fires Friday afternoon, Cefalu told CNN. She added that she did not have information on what the train was carrying.

    CNN has reached out to Rockland officials and CSX to inquire about the cause of the fire and whether the train was the impetus.

    The sheriff’s office advised the public to avoid route 9W through the municipalities.

    The town supervisor for Clarkstown, George Hoehmann, said as of approximately 3:30 p.m. most of the fire had burned out, but pockets were being treated and brush equipment was being brought in to hit hot spots. “This will be a long-term engagement but thankfully it appears contained,” he posted on Facebook.

    By Saturday, multiple fires had “significantly died down overnight,” officials said in a news release, “and no water drops will be necessary.”

    Hoehman said in the post that some homes had PVC fence melt from the heat, and one home had a pod storage unit destroyed and its home siding melted.

    There have been no structure fires, Hoehmann said.

    New York State Sen. Bill Weber called for a meeting with CSX.

    “This fire is the third incident in recent memory, which is unacceptable,” Weber said in a tweet.

    “We are happy to meet with Senator Weber to address any concerns he has,” the company said in a statement to CNN.

    CNN was unable to corroborate Weber’s assertion this was the third incident in recent memory.

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  • David’s Bridal laying off over 9,000 workers | CNN Business

    David’s Bridal laying off over 9,000 workers | CNN Business

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    New York
    CNN
     — 

    David’s Bridal, one of largest sellers of wedding gowns in the United States, is laying off thousands of workers nationwide, according to a notice filed to the Pennsylvania Department of Labor.

    The notice said the retailer is eliminating 9,236 positions across the United States. In Pennsylvania, the layoffs are set to begin on April 14 and end on August 11 and will affect 15 stores in nine counties in the state. The Worker Adjustment and Retraining Notifications did not specify when the layoffs would begin or how many stores would be affected in other states.

    The Conshohocken, Pennsylvania-based retailer employs more than 11,000 workers, according to the Wall Street Journal.

    David’s Bridal told CNN Business that the company is “evaluating our strategic options and a sale process is underway.” It also said all of its stores currently remain open.

    “The scale of these layoffs suggest that David’s Bridal is in crisis mode,” said Neil Saunders, managing director at GlobalData Retail. “It indicates there is massive restructuring going on behind these scenes with a view to conserve cash as the company prepares for either bankruptcy or a sale.”

    Saunders said he expects the company to close stores as part of its plan.

    “The business in its current form isn’t working and the hope will be that a smaller entity will be more financially viable,” he said.

    The layoffs come as problems grow for David’s Bridal, which is reportedly filing for bankruptcy for the second time in five years, according to The New York Times, which cited people familiar with the matter. The Times said the retailer could be exploring a sale as part its restructuring plan.

    David’s Bridal filed for bankruptcy in 2018 after being laden with growing debt and declining sales of wedding dresses. It emerged from bankruptcy in 2019 as it continued to try to fix the business.

    But a global pandemic in 2020 badly walloped weddings as social gatherings came to an abrupt standstill. The following year, David’s Bridal, which operates more than 300 stores, said it had anticipated weddings to return with a vengeance because of pent-up demand.

    But the layoffs at David’s Bridal come amid ongoing job losses across retail, tech and other industries. Walmart last week said it is laying off more than 2,000 workers at five US warehouses and Best Buy

    (BBY)
    is reportedly cutting hundreds of store-level jobs, according to a Wall Street Journal report Friday.

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  • Retail spending fell in March as consumers pull back | CNN Business

    Retail spending fell in March as consumers pull back | CNN Business

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    Washington, DC
    CNN
     — 

    Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears.

    Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. That was steeper than an expected 0.4% decline, according to Refinitiv, and above the revised 0.2% decline in the prior month.

    Investors chalk up some of the weakness to a lack of tax returns and concerns about a slowing labor market. The IRS issued $84 billion in tax refunds this March, about $25 billion less than they issued in March of 2022, according to BofA analysts.

    That led consumers to pull back in spending at department stores and on durable goods, such as appliances and furniture. Spending at general merchandise stores fell 3% in March from the prior month and spending at gas stations declined 5.5% during the same period. Excluding gas station sales, retail spending retreated 0.6% in March from February.

    However, retail spending rose 2.9% year-over-year.

    Smaller tax returns likely played a role in last month’s decline in retail sales, along with the expiration of enhanced food assistance benefits, economists say.

    “March is a really important month for refunds. Some folks might have been expecting something similar to last year,” Aditya Bhave, senior US economist at BofA Global Research, told CNN.

    Credit and debit card spending per household tracked by Bank of America researchers moderated in March to its slowest pace in more than two years, which was likely the result of smaller returns and expired benefits, coupled with slowing wage growth.

    Enhanced pandemic-era benefits provided through the Supplemental Nutrition Assistance Program expired in February, which might have also held back spending in March, according to a Bank of America Institute report.

    Average hourly earnings grew 4.2% in March from a year earlier, down from the prior month’s annualized 4.6% increase and the smallest annual rise since June 2021, according to figures from the Bureau of Labor Statistics. The Employment Cost Index, a more comprehensive measure of wages, has also shown that worker pay gains have moderated this past year. ECI data for the first quarter of this year will be released later this month.

    Still, the US labor market remains solid, even though it has lost momentum recently. That could hold up consumer spending in the coming months, said Michelle Meyer, North America chief economist at Mastercard Economics Institute.

    “The big picture is still favorable for the consumer when you think about their income growth, their balance sheet and the health of the labor market,” Meyer said.

    Employers added 236,000 jobs in March, a robust gain by historical standards but smaller than the average monthly pace of job growth in the prior six months, according to the Bureau of Labor Statistics. The latest monthly Job Openings and Labor Turnover Survey, or JOLTS report, showed that the number of available jobs remained elevated in February — but was down more than 17% from its peak of 12 million in March 2022, and revised data showed that weekly claims for US unemployment benefits were higher than previously reported.

    The job market could cool further in the coming months. Economists at the Federal Reserve expect the US economy to head into a recession later in the year as the lagged effects of higher interest rates take a deeper hold. Fed economists had forecast subdued growth, with risks of a recession, prior to the collapses of Silicon Valley Bank and Signature Bank.

    For consumers, the effects of last month’s turbulence in the banking industry have been limited so far. Consumer sentiment tracked by the University of Michigan worsened slightly in March during the bank failures, but it had already shown signs of deteriorating before then.

    The latest consumer sentiment reading, released Friday morning, showed that sentiment held steady in April despite the banking crisis, but that higher gas prices helped push up year-ahead inflation expectations by a full percentage point, rising from 3.6% in March to 4.6% in April.

    “On net, consumers did not perceive material changes in the economic environment in April,” Joanne Hsu, director of the surveys of consumers at the University of Michigan, said in a news release.

    “Consumers are expecting a downturn, they’re not feeling as dismal as they were last summer, but they’re waiting for the other shoe to drop,” Hsu told Bloomberg TV in an interview Friday morning.

    This story has been updated with context and more details.

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  • The fire at an Indiana plastics recycling plant has been extinguished, though residents’ health concerns remain | CNN

    The fire at an Indiana plastics recycling plant has been extinguished, though residents’ health concerns remain | CNN

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    CNN
     — 

    After firefighters spent two days battling an inferno fueled by plastics in eastern Indiana, the fire has been fully extinguished, officials said.

    “We’re now able to turn our attention to collecting air and water samples to determine when the evacuation order can be lifted,” Richmond Mayor Dave Smith told CNN Thursday night.

    But the blaze at a Richmond recycling plant reignited old frustrations over safety hazards at the facility and sparked new fears among residents about the future of their health.

    About 2,000 people living within a half-mile radius of the plant were still under evacuation orders Thursday, two days after the fire started. And for the second straight day, Richmond public schools were closed.

    “If you are downwind of the area, stay inside, close your windows, and turn off air conditioning,” Richmond city officials warned.

    The fire was 90% out as of Thursday afternoon, Richmond Fire Department Chief Tim Brown said at a news conference.

    The US Environmental Protection Agency had not detected any toxic compounds as of Wednesday morning. But the state fire marshal has already said the smoke plumes were “definitely toxic.”

    Due to very little wind, “residents may notice that the smoke from the fire has settled more in and around the city and in areas that had not previously had issues,” the Wayne County Emergency Management Agency said Thursday morning.

    The EPA has been monitoring air quality at 15 locations around the site for the possibility of toxic chemicals from the incinerated plastics.

    The billowing black smoke stirred memories of the recent toxic train wreck in East Palestine, Ohio. High levels of some chemicals from that disaster could pose long-term risks, researchers have said.

    Corey McConnell’s family fled their home in the evacuation zone Tuesday night. He could already smell fumes and saw exhausted firefighters battling the blaze.

    “It’s really unbelievable,” McConnell told CNN. “Makes me worry about the health of my family, not just today but in the future as well. Who knows how long this could be in the air for?”

    Resident Wendy Snyder evacuated to a Red Cross emergency shelter but briefly returned home to grab a few belongings, she told CNN affiliate WHIO. That’s when she noticed the stench of burning plastic.

    “There is a stink in the air when you go outside on our porch,” Snyder said. “In fact, it burned my throat because (we) weren’t wearing a mask.”

    The primary health concern to residents is particulate matter – fine particles found in smoke – that could cause respiratory problems if inhaled, said Christine Stinson, executive director of the Wayne County Health Department.

    N95 masks could protect against the particles, but people should leave an area if they see or smell smoke or experience symptoms, Stinson said.

    Due to the age of the building, asbestos – a naturally occurring but very toxic substance once widely used for insulation – is another possible concern. The EPA was evaluating the area, including school grounds, for potential fire debris that might contain asbestos, it said Wednesday night.

    And while the EPA’s air quality tests had found no signs of toxic chemicals such as styrene or benzene as of mid-Wednesday morning, testing continues as more smoke settles.

    Such chemicals could increase the risk of cancer if someone is exposed to a high concentration for a prolonged period of time, said Richard Peltier, associate professor of environmental health sciences at the University of Massachusetts-Amherst.

    “We know that it is very common that a large range of chemicals are formed whenever plastic materials are burned, including styrene, benzene, and a wide number of polyaromatic hydrocarbons – all of these are strong carcinogens, and it’s important for people to avoid exposures,” Peltier said.

    Short-term exposure could also cause symptoms, such as dizziness, nausea, coughing, headache and fatigue. “Asthma is regularly triggered by these types of complicated exposures so if you have asthma, it’s really important to be extra careful,” Peltier said.

    It’s not clear when evacuated residents will be allowed to return home, Richmond officials said. Fire officials expect the smoldering site to burn for several days.

    While it’s not yet clear what sparked the recycling plant inferno, local leaders have shared concerns since at least 2019 that the facility was riddled with fire hazards and building code violations, records show.

    “We knew it wasn’t a matter of if, it was a matter of when this was going to happen,” the fire chief said.

    In 2019, the city’s Unsafe Building Commission found that the “cumulative effect of the code violations present” rendered “the premises unsafe, substandard, or a danger to the health and safety on the public,” according to meeting minutes obtained by CNN.

    During a commission hearing, the plant’s owner, Seth Smith, admitted one of the buildings on the property had no fire extinguishing system, the records show. CNN has reached out to Smith, and the attorney who previously represented him in a related lawsuit declined to comment.

    Richmond officials “were aware that what was operating here was a fire hazard,” Mayor Dave Snow said Wednesday, accusing the plant’s owner of ignoring a city order to clean up the property.

    The fire began in a semitrailer loaded with plastics, then spread to surrounding piles of recyclables before eventually reaching the building, which was “completely full from floor to ceiling and from wall to wall,” Brown, fire chief, said. When firefighters arrived, he said, they had difficulty reaching the buildings because access roads were blocked by piles of plastic.

    “Everything that’s ensued here – the fire, the damages, the risk that our first responders have taken and the risk these citizens are under – are the responsibility of that negligent business owner,” Snow said.

    After Smith was ordered by the city building commission to repair or demolish and vacate his properties in 2019, the plant owner and his company petitioned a court to review the order.

    An Indiana circuit court judge ruled in favor of the city in March 2020. The court found in part Smith’s properties “constitute a fire hazard; are a hazard to public health; constitute a nuisance; and are dangerous to people or property because of violations of statute and City Ordinance concerning building condition and maintenance.”

    Firefighters try to douse an industrial fire Wednesday in Richmond, Indiana.

    The city last year seized two of the three land parcels the recycling plant sits on after Smith failed to pay property taxes.

    It’s unclear what steps the city took to remedy the site since the seizure and whether it took any steps before 2022 to enforce its orders requiring Smith to repair or demolish and vacate the properties.

    Smith was contacted by an investigator Tuesday night, the mayor said.

    While firefighters try to snuff out the blaze, they face another challenge: trying not to destroy potential evidence that might help determine the cause, Brown said.

    Officials probably won’t be able to identify the cause of the blaze until after the fire is extinguished and investigators can safely enter the plant, the state fire marshal’s office said.

    Any legal liability against the plant owner will be handled after the cleanup process, City Attorney Andrew J. Sickmann said at a Thursday news conference.

    “Whether or not there can be potential criminal liability would be a question for law enforcement and prosecutors,” Sickmann said.

    The only operation running out of the building before the fire was moving materials out and shipping them overseas as ordered by officials, Sickmann said.

    “It’s his mess, it’s been shown again and again it’s his mess,” Snow, the mayor, said of the owner. “Everything that’s ensued here remains his responsibility.”

    Snow added that they are tracking all costs of the incident in case of potential litigation.

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  • Louisville gunman’s brain to be studied for CTE, father says | CNN

    Louisville gunman’s brain to be studied for CTE, father says | CNN

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    CNN
     — 

    The family of Connor Sturgeon – who was killed after he fatally shot five people Monday morning at the Old National Bank in Louisville, Kentucky – plans to have his brain tested for chronic traumatic encephalopathy, commonly known as CTE, his father and a spokesperson for the family told CNN on Thursday.

    “Yes, Connor is being tested for CTE. Probably will take a while to get results,” Todd Sturgeon, Connor Sturgeon’s father, texted to CNN.

    Pete Palmer, a family friend who is speaking for the Sturgeons, said the family and the state medical examiner are looking to have Connor Sturgeon’s brain tested.

    The medical examiner’s office has completed most of its tests, and the process of testing for CTE will now begin, Palmer said.

    CNN has reached out to the Kentucky state medical examiner for further information.

    CTE, a neurodegenerative brain disease, can be found in people who have been exposed to repeated head trauma. Studies have found that repetitive hits to the head – even without concussion – can result in CTE.

    According to Palmer, the family thinks Sturgeon had three significant concussions – two as an eighth-grade football player and one in basketball as a high school freshman.

    The disease, which can only be diagnosed with an autopsy and neuropathological exam, is pathologically marked by a buildup of tau protein in the brain that can disable neuropathways and lead to a variety of symptoms including memory loss, confusion, impaired judgment, aggression, depression, anxiety, impulse control issues and sometimes suicidal behavior.

    Police have not released information about a motive in the shooting.

    The testing disclosure comes as more families are talking about their loved ones who were killed.

    The daughter of Juliana Farmer, one of the five who were killed, said Wednesday night her mother had just moved to Louisville two weeks prior for a new job at the bank.

    “This monster took away my mother, and I’m hurt because my mother moved here to help me, a single mom with four kids. I only got two weeks with her here in Louisville … a city she knew nothing about,” Alia Chambers told CNN. “I’m heartbroken. I hated him. I hated him but I forgive him because my mama is in a better place.”

    Farmer moved to Louisville from Henderson, Kentucky, and was thrilled to begin her role with Old National Bank as a loan officer.

    “My mom went from working at 19 years old at Kmart to sitting with executives at a bank. I’m gonna fulfill my mama’s dream. Either I’m going back to nursing school or I’m gonna ask them, can I take over her position at that bank,” she said. “She was so excited about that job. She was happy.”

    Farmer had three adult children and four grandsons, Chambers said.

    The day before she was killed, she found out her son, J’Yeon Chambers, was expecting a baby girl, he told CNN. The baby is due in September, the same month his mother was born.

    “And so it’s just crazy how she gets taken the day after we reveal that we’re having the baby. So my child is going to be her basically all over again,” her son said. “She gave us the name that she always wanted a girl to be named and we’re going to stick with it.”

    The new details come as CNN has learned more about the victims and wounded in Monday’s workplace mass shooting, including the survival of a woman who was seated between two people who were killed.

    Sturgeon, a 25-year-old Old National Bank employee, opened fire with an AR-15-style rifle in the bank about a half-hour before it was to open to the public, killing five colleagues before he was fatally shot by a responding officer. Farmer, Joshua Barrick, Tommy Elliott, Deana Eckert and James Tutt were shot and killed, police said.

    Of the eight people who were wounded, a 26-year-old police officer remains in critical condition after being shot in the head, requiring brain surgery.

    One woman who was shot but survived was seated in a conference room between Farmer and Elliott when the attack began, according to the father of her children, Rex Minrath.

    Dana Mitchell, an employee at the bank, has returned home from the hospital and is recovering, Minrath told CNN in a phone interview Thursday. She is expected to have surgery in the coming weeks to remove “the rest of the bullet,” he said.

    “Dana was in the conference room between Tommy and Juliana. She sat between those two,” Minrath told CNN. “And then when they hit the ground, they were all on the ground together. She is fortunate because both of them weren’t so lucky.”

    Mitchell’s son, Ross Minrath, posted a series of images and updates about his mother’s condition on his Facebook page this week.

    “After positive results from blood work and her being an all around badass, my Mom was released from the hospital today,” he wrote on Tuesday night. “She is very sore but doing well. Her phone has been at the bank and hopes to start reaching out herself tomorrow.”

    In one Facebook post, he said the gunshot bruised her lung and that doctors were able to clean the wound on her back. His mother, he added, “is the toughest I’ve ever known.”

    He thanked those who had reached out to the family with well wishes and asked for people to continue to send prayers for his mother.

    In addition, the first person who was shot inside the bank survived, a city official told CNN. In the shooter’s Instagram livestream of the attack, which has since been taken down, the female bank worker said “good morning” before the gunman warned her, “You need to get out of here,” according to an official familiar with the video.

    The woman had her back to the gunman as he struggled to get the safety off and load his AR-15-style weapon properly. He then shot her in the back, an official previously told CNN.

    beshear

    Gov. Beshear shares emotional memories of his friend killed in Louisville shooting

    At a vigil Wednesday evening, scores of residents and officials gathered to mourn publicly the employees gunned down at their workplace by a coworker.

    “It’s important that we take time to acknowledge those losses and what they mean for us as people and as a community,” Louisville Mayor Craig Greenberg said during the vigil at the Muhammad Ali Center Plaza. “So, that later we can gather our energies and focus on preventing these tragedies.”

    Greenberg noted the heartbreaking impacts of gun violence in his city beyond Monday’s carnage, which unfolded less than a mile from where the vigil was held Wednesday.

    “There will be a time to act. To take steps in honor of those we’ve lost and to channel our grief and pain into meaningful action. That day is coming,” the mayor continued. “Today is to mourn, to lean on each other and support each other.”

    Kentucky Gov. Andy Beshear said at the vigil that Elliott, a senior vice president at the bank, was one of his closest friends.

    “I’ll admit that while I am not angry, I am empty. And I’m sad. And I just keep thinking that maybe we’ll wake up,” Beshear said, his voice breaking.

    “What I know is, I just wish I’d taken an extra moment, made an extra call, tell him how much I care about him. And I know we are all feeling the same. But I also know they hear us now. And that they feel our love,” Beshear said.

    Louisville Body Cam

    Video shows officers walking head-on into gunfire to stop Louisville shooter

    Louisville police on Wednesday released a series of 911 calls showing the fear and panic both inside and outside the bank during the shooting early Monday morning.

    In one emergency call, a woman who identified herself as an employee of a different Old National Bank branch told the dispatcher she saw the massacre happen in real time while she was on a video call with colleagues at the scene.

    “How do you know you have an active shooter on site?” the operator asked.

    “I just watched it. I just watched it on a Teams meeting. We were having a board meeting,” she said. “I saw somebody on the floor. We heard multiple shots and people started saying ‘Oh my God,’ and then he came into the board room.”

    Another 911 call came from the gunman’s mother, who said her son was headed to the bank with a gun and expressed her shock and confusion.

    “My son might be (redacted) has a gun and heading to the Old National on Main Street here in Louisville,” she said. “This is his mother. I’m so sorry, I’m getting details secondhand. I’m learning about it now. Oh my Lord.”

    The woman said her son “apparently left a note” about the incident. “We don’t even own guns. I don’t know where he would have gotten a gun.”

    Other calls came from a bank employee speaking in a whisper who was hiding in a closet, a man who fled the building and took shelter at a nearby dental office, and another caller who hid under a desk inside the building.

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  • Still haven’t filed your taxes? Here’s what you need to know | CNN Business

    Still haven’t filed your taxes? Here’s what you need to know | CNN Business

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    New York
    CNN
     — 

    So far this tax season, the IRS has received more than 90 million income tax returns for 2022.

    That means tens of millions of households have yet to file their returns. If yours is among them, here are some last-minute tax-filing tips to keep in mind as the Tuesday, April 18 deadline approaches.

    Not everyone has to file on April 18: If you live in a federally declared disaster area, have a business there — or have relevant tax documents stored by businesses in that area — it’s likely the IRS has already extended the filing and payment deadlines for you. Here is where you can find the specific extension dates for each disaster area.

    Thanks to many rounds of extreme weather in recent months, for instance, tax filers in most of California — which accounts for 10% to 15% of all federal filers — have already been granted an extension until Oct. 16 to file and to pay, according to an IRS spokesperson.

    If you’re in the armed forces and are currently or were recently stationed in a combat zone, the filing and payment deadlines for your 2022 taxes are most likely extended by 180 days. But your specific extended filing and payment deadlines will depend on the day you leave (or left) the combat zone. This IRS publication offers more detail.

    Lastly, if you made little to no money last year (typically less than $12,950 for single filers and $25,900 for married couples), you may not be required to file a return. But you may want to anyway if you think you are eligible for a refund thanks to, for instance, refundable tax credits such as the Earned Income Tax Credit. (Use this IRS tool to gauge whether you are required to file this year.) You also are likely eligible to use IRS Free File (intended for those with adjusted gross income of $73,000 or less) so it won’t cost you to submit a return.

    Your paycheck may not be your only source of income: If you had one full-time job you may think that is the only income you made and have to report. But that’s not necessarily so.

    Other potentially taxable and reportable income sources include:

    • Interest on your savings
    • Investment income (e.g., dividends and capital gains)
    • Pay for part-time or seasonal work, or a side hustle
    • Unemployment income
    • Social Security benefits or distribution from a retirement account
    • Tips
    • Gambling winnings
    • Income from a rental property you own

    Organize your tax documents: By now you should have received every tax document that third parties are required to send you (your employer, bank, brokerage, etc.).

    If you don’t recall receiving a hard copy of a tax form in the mail, check your email and your online accounts — a document may have been sent to you electronically.

    Here are some of the tax forms you may have received:

    • W-2 from your wage or salaried jobs
    • 1099-B for capital gains and losses on your investments
    • 1099-DIV from your brokerage or company where you own stock for dividends or other distributions from their investments
    • 1099-INT for interest over $10 on your savings at a financial institution
    • 1099-NEC from your clients, if you worked as a contractor
    • 1099-K for payments for goods and services through third-party platforms like Venmo, CashApp or Etsy. The 1099-K is required if you made more than $20,000 in over 200 transactions during the year. (Next year the reporting threshold drops to $600.) But even if you didn’t get a 1099-K you still must report all the income that you made over third-party platforms in 2022.
    • 1099-Rs for distributions over $10 that you received for a pension, annuity, retirement account, profit-sharing plan or insurance contract
    • SSA-1099 or SSA-1042S for Social Security benefits received.

    “Be aware that there’s no form for some taxable income, like proceeds from renting out your vacation property, meaning you’re responsible for reporting it on your own,” according to the Illinois CPA Society.

    One very last-minute way to reduce your 2022 tax bill: If you’re eligible to make a tax-deductible contribution to an IRA and haven’t done so for last year, you have until April 18 to contribute up to $6,000 ($7,000 if you’re 50 or older). That will reduce your tax bill and augment your retirement savings.

    Proofread your return before submitting it: Do this whether you’re using tax software or working with a professional tax preparer.

    Little mistakes and oversights delay the processing of your return (and the issuance of your refund if you’re owed one). You want to avoid things like having a typo in your name, birth date, Social Security number or direct deposit number; choosing the wrong filing status (e.g., married vs single); making a simple math error; or leaving a required field blank.

    What to do if you can’t file by April 18: If you’re not able to file by next Tuesday, fill out Form 4868 electronically or on paper and send it in by April 18. You will be granted an automatic six-month extension to file.

    Note, however, that an extension to file is not an extension to pay. You will be charged interest (currently running at 7%) and a penalty on any amount you still owe for 2022 but haven’t paid by April 18.

    So if you suspect you still owe tax — perhaps you had some income outside of your job for which tax wasn’t withheld or you had a big capital gain last year — approximate how much more you owe and send that money to the IRS by Tuesday.

    You can choose to do so by mail, attaching a check to your extension request form. Make sure your envelope is postmarked no later than April 18.

    Or the more efficient route is pay what you owe electronically at IRS.gov, said CPA Damien Martin, a tax partner at EY. If you do that, the IRS notes you will not have to file a Form 4868. “The IRS will automatically process an extension of time to file,” the agency notes in its instructions.

    If you opt to electronically pay directly from your bank account, which is free, select “extension” and then “tax year 2022” when given the option.

    You can also pay by credit or debit card, but you will be charged a processing fee. Doing so, though, may become much more costly than just a fee if you charge your tax payment but don’t pay your credit card bill off in full every month, since you likely pay a high interest rate on outstanding balances.

    If you still owe income taxes to your state, remember that you may need to go through a similar exercise of filing for an extension and making a payment to your state’s revenue department, Martin said.

    Use this interactive tax assistant for basic questions you may have: The IRS provides an “interactive tax assistant” that can help you answer more than 50 basic questions pertaining to your individual circumstance on income, deductions, credits and other technical questions.

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  • A 2019 hearing detailed potential fire hazards at the now-burning Indiana recycling plant, and its owner admitted a building did not have fire sprinklers | CNN

    A 2019 hearing detailed potential fire hazards at the now-burning Indiana recycling plant, and its owner admitted a building did not have fire sprinklers | CNN

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    CNN
     — 

    More than three years before a large blaze at an eastern Indiana recycling plant began spewing toxic smoke and prompting evacuations, potential fire hazards at the facility had been detailed at a meeting with local leaders.

    A September 2019 hearing by the city of Richmond’s Unsafe Building Commission outlined significant code violations at the recycling plant in Richmond, according to meeting minutes obtained by CNN.

    At the 2019 meeting, Seth Smith, the owner of the recycling plant, admitted conditions at the plant had gotten “out of control,” and that one of the buildings at the site had no fire extinguishing system, claiming that an auction company selling the land destroyed the fire system before he took control of it.

    “I took a review of what was there and what it would take to do it and basically, no fixing that (fire sprinkler) system,” Smith said, according to the minutes.

    Richmond’s deputy fire chief, Doug Gardner, noted at the hearing there was an “excessive amount of plastic materials stored in and around the building,” and that “many of the stacks are unstable and several have fallen over.”

    Aaron Jordan, the city’s building commissioner, said that inside the recycling plant building, “there are boxes stacked up all the way to the ceiling.”

    He also noted that some of the materials were too close to the property line, which was a fire hazard.

    “If it would catch on fire it would catch the building next to it on fire,” Jordan said, according to the minutes. “It needs to be 10 feet away from the lot line.”

    Inspections at the site also found widespread roof leaks and structural issues with its buildings.

    The National Oceanic and Atmospheric Administration also conducted an “air plume study” of the properties at Gardner’s request to determine the density of the particles in the air in the event that a fire was to occur. The study “caused concerns for possible evacuations of the area,” records show.

    CNN reached out to NOAA and the city of Richmond for a copy of that study but did not receive a response.

    This week’s raging fire at the plant has forced evacuation orders for thousands of people since it started Tuesday, while many wonder what the impacts of the thick, toxic smoke may be on their health and community.

    Among the burning items were plastics, which can give off a “host of different chemicals” when they’re on fire, Indiana State Fire Marshal Steve Jones said.

    The smoke rising from the site, Jones said Tuesday, is “definitely toxic.”

    In the 2019 meeting minutes, Smith, the plant owner, made comments committing to cleaning up the site.

    After the building commission granted a one-month continuance to explore a plan of action, it reconvened in October 2019 and issued formal findings of fact that the properties were unsafe.

    The commission found that the “cumulative effect of the code violations present” rendered “the premises unsafe, substandard, or a danger to the health and safety on the public,” records show.

    The panel also ordered Smith to either repair or demolish and vacate the properties in the next 60 days. The next week, Smith and his company petitioned a court to review the commission’s orders deeming his properties unsafe.

    In March 2020, an Indiana circuit court judge ruled in favor of the city, affirming the commission’s decisions requiring Smith to fix conditions at his sites. The court found the evidence “clearly established” that Smith’s properties “are unsafe to people and property; constitute a fire hazard; are a hazard to public health; constitute a nuisance; and are dangerous to people or property because of violations of statute and City Ordinance concerning building condition and maintenance.”

    CNN reached out to Smith for comment but did not receive a response. The attorney that previously represented Smith in the lawsuit declined to comment.

    In 2022, the city seized two of the three land parcels the recycling plant sits on after Smith failed to pay property taxes.

    “We have been through several steps since then to order this particular business owner to clean up this property, because we were aware that what was operating here was a fire hazard,” Richmond Mayor Dave Snow said at a Wednesday morning news conference.

    It’s unclear at this time what steps the city took to remedy the site since the seizure, and whether it took any steps before 2022 to enforce its orders requiring Smith to repair or demolish and vacate the properties.

    “As you might imagine, cleaning up these sites is a significant undertaking,” city attorney AJ Sickmann told CNN. “The city was devoting available resources to abate the problems, but unfortunately the fire began before complete remediation could occur.”

    Details about how this week’s fire started weren’t immediately available. The mayor said the fire department initially responded to reports of a structure fire. Firefighters arrived to see a semitrailer behind a building engulfed in flames, and it spread to other piles of plastics around the trailer and eventually to the building, according to Brown, the fire chief.

    “Our access was very hampered by the rubbish and the piles of plastic that were surrounding the complex,” Snow, the mayor, said. “Yesterday we only had one way in to the entire structure. Today we’re going to use excavators to gain access and to get to the deeper seeds of the fire.”

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  • New Jersey wildfire 75% contained as all roads to reopen soon, officials say | CNN

    New Jersey wildfire 75% contained as all roads to reopen soon, officials say | CNN

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    CNN
     — 

    The wildfire in New Jersey that has burned nearly 4,000 acres in is 75% contained are to reopen, the New Jersey Forest Fire Service tweeted Wednesday night.

    The blaze that began in Manchester Township on Tuesday evening has burned 3,859 acres, authorities said, and all of the previously announced road closures in the area were to be lifted at 9 p.m.

    The service said its personnel will continue to work in several locations and urged residents to “stay vigilant while driving through smoke conditions,” because firefighters may be working on the side of the road.

    The fire remains under investigation, the forest service added.

    The fire came as record heat sets in across the Northeast.

    This single fire has burned more than half the average acres burned in New Jersey in an entire year, according to statistics from the New Jersey Forest Fire Service.

    About 170 structures in the Manchester Township area were evacuated Tuesday night, but all residents have since been allowed to return home, Manchester Police Chief Robert Dolan said during a news conference Wednesday.

    No structures are damaged and no injuries have been reported, officials said, but firefighters have faced “extreme fire behavior,” said John Cecil, the assistant commissioner of state parks, forests and historic sites at the New Jersey Department of Environmental Protection.

    “We saw a wall of fire, 200-foot flames, raining fire embers. I don’t mean to be dramatic, but this was a severe situation that these guys and gals managed to keep in place and protect lives and property. And for that, we cannot thank them enough,” Cecil said.

    No structures are damaged and no injuries have been reported.

    The fire was primarily burning on federal, state and private property in Manchester Township, but it had jumped to the adjacent borough of Lakehurst.

    Summerlike temperatures are expected to last through Friday, with more than 25 potential high records falling.

    “We’ve been under high pressure the past couple of days. This is drying out the ‘fuels’ (dry brushland, dead leaves etc.). We should stay under high pressure for the next day,” Cameron Wunderlin, National Weather Service meteorologist in Mount Holly, New Jersey, told CNN. “Relative humidity drops very low with this flow around the high and all the ingredients are there for the fire weather concerns.”

    The record heat will only make fire conditions worse during the week, as temperatures soar into the mid-80s across New Jersey and other parts of the Northeast along the I-95 corridor.

    Overnight temperatures will also remain high, which will create challenging conditions for firefighters. Nighttime temperatures will only drop to the low 60s or upper 50s, which won’t allow for much recovery overnight.

    “Relative humidity is calculated by temperature and the amount of moisture,” Wunderlin said. “So if you have record highs and low humidity, the relative humidity will drop below the 30% threshold that we look for extreme fire behavior.”

    Places like New York City, New Brunswick, New Jersey, and even Philadelphia could break records Friday with temperatures expected to top out in the mid-80s.

    Springfield, Massachusetts, could shatter its previous record of 77 by nearly 10 degrees if it hits the forecast high of 86 on Friday.

    Winds will remain a factor as sustained winds are expected to stay around 15 mph with gusts up to 25 mph.

    April is considered peak fire season for New Jersey. The state has seen other large fires in recent years, including one just last year that scored more than 13,000 acres. The fire in 2022 was roughly 50 miles from where the current fire is burning.

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  • Biden touts dividends of peace in Belfast, even as tensions persist | CNN Politics

    Biden touts dividends of peace in Belfast, even as tensions persist | CNN Politics

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    Belfast, Northern Ireland
    CNN
     — 

    When President Joe Biden spoke here Wednesday to mark a quarter-century of the Good Friday Agreement, it wasn’t from the seat of the Northern Ireland Assembly – currently suspended over a Brexit trade dispute – but from a new university campus downtown.

    The choice of venue for Biden’s sole public event in Belfast was a symbolic one. While decades of violence between Nationalists and Unionists has been mostly left to another era, the peace is fragile and the politics are broken – making Biden’s speech to students as much about the future of this region as its bloody past.

    Biden’s optimistic speech did not paper over tensions that persist 25 years after the Good Friday Agreement was signed. He made a direct call for the parties in Northern Ireland to return to the power-sharing government – between those who want to remain part of the United Kingdom and those who favor a united Ireland – that was a central pillar of the Good Friday Agreement. And he even harkened back to the Capitol insurrection on January 6, 2021, as evidence that democratic institutions require constant maintenance.

    “We learn anew with every generation a democracy needs champions,” he said, adding later: “As a friend, I hope it’s not too presumptuous of me to say that I believe democratic institutions established in the Good Friday Agreement remain critical for the future of Northern Ireland.”

    “That’s a judgment for you to make, not me,” he said, “but I hope it happens.”

    Nearly immediately after the president concluded his speech, a key player in the paralyzed power-sharing government downplayed the impact Biden’s speech might have on the situation.

    “It doesn’t change the political dynamic in Northern Ireland,” said Jeffrey Donaldson, leader of the Democratic Unionist Party, which withdrew from the government in dispute of Brexit trade rules. “We know what needs to happen.”

    Departing Washington on Tuesday, Biden described the goal of his brief 15-hour visit to Northern Ireland bluntly: ensuring the US-brokered accord remains in place.

    “Keep the peace, that’s the main thing,” he said before boarding Air Force One. “Keep your fingers crossed.”

    Biden’s frank outlook was a reflection of the lingering tensions in this once-restive region.

    While Biden was invited to speak from Stormont, the stately parliament building overlooking Belfast, he turned down the offer while the power-sharing arrangement remains mired in dysfunction. The regional government has operated only sporadically since it was formed and hasn’t been in place for more than a year as the main unionist party resists new Brexit-related trade rules.

    Both Biden and the British Prime Minister Rishi Sunak had once hoped those differences might be resolved by the time of Biden’s visit this week. But they weren’t, leaving one of the primary ambitions of the Good Friday Agreement unfulfilled at just the moment the accord is being celebrated.

    Biden’s aides worked around the disappointment by scheduling his speech at the new campus of Ulster University in Belfast, which cost millions of pounds to construct and can accommodate thousands of students – most of whom were born after the Good Friday Agreement was signed.

    “The idea to have a glass building here when I was here in ’91 was highly unlikely,” Biden said as he opened his speech, recalling the violent era before the accord known as The Troubles, when car bombs and assassinations became part of everyday life in Belfast.

    “Where barbed wire once sliced up the city, today we find a cathedral of learning, built of glass to let the light shine in and out. It just has a profound impact,” he said. “And for someone who’s come back to see it, you know it’s an incredible testament to the power and the possibilities of peace.”

    He cast the 1998 agreement, brokered with heavy involvement from the United States, as a rare glimmer of bipartisanship in Washington.

    “Protecting the peace, preserving the Belfast/Good Friday Agreement is a priority for Democrats and Republicans alike in the United States,” he said. “And that is unusual today. Because we’ve been very divided on our parties. This is something that brings Washington together. It brings America together.”

    For some students in Biden’s audience, the violence from The Troubles isn’t even a distant memory, since they weren’t around to experience it first-hand. Instead, it is economic opportunity that appears top of mind, particularly as Britain’s exit from the European Union complicates trade relations in the region.

    Biden focused in part on the economy in his speech, and has appointed a special envoy to Northern Ireland, former US Rep. Joe Kennedy III, to focus mainly on cultivating foreign investment in the territory. Under a new agreement between the UK and the EU, Northern Ireland will essentially remain part of the EU common market, potentially making it more attractive for businesses.

    “Peace and economic opportunity go together,” Biden said during his remarks, predicting scores of American businesses were ready to invest in Northern Ireland.

    Ahead of the speech, Biden sat for brief talks over coffee with Sunak, though won’t participate in any major public events with him while he’s here. Biden is also not attending next month’s coronation of King Charles III in London, leading some to identify a generally negative attitude toward the United Kingdom (The White House denies this, and points out no president has ever attended a British monarch’s coronation).

    On Wednesday, Biden also met separately with the leaders of the five parties that make up Northern Ireland’s power-sharing government, during which he stressed the importance of resuming the arrangement as part of the Good Friday Agreement’s legacy.

    “I’m going to listen,” Biden said when asked about his message for the leaders.

    It remains to be seen how successful he will be, however, and some Loyalists have quietly questioned how evenhanded the proudly Irish-American president can be when it comes to matters relating to his beloved ancestral homeland.

    That includes the former leader of the Democratic Unionist Party Arlene Foster, who previously served as the first minister of Northern Ireland. She told the local radio earlier that Biden “hates the United Kingdom,” a charge later rejected by senior US officials.

    “I think the track record of the president shows that he’s not anti-British,” said Amanda Sloat, the senior director for Europe at the National Security Council. “The president has been very actively engaged throughout his career, dating back to when he was a senator, in the peace process in Northern Ireland.”

    Biden himself seemed to make an attempt at rebutting the criticism himself in his speech, referencing not his well-known Irish roots in his speech but his English ancestors.

    Biden’s speech was the only public event on his schedule in Belfast before he departed for Dublin in the Republic of Ireland later Wednesday afternoon. The second leg of his trip – with stops in two ancestral hometowns and a visit to the Knock Shrine – promises to be more personal, and less politically fraught, than his brief stop in Belfast.

    That begins later Wednesday, when Biden will travel to County Louth in search of his family roots. The region along the border with Northern Ireland was where Biden’s great-great-great-grandfather, Owen Finnegan, was born in 1818.

    When he tours the Carlingford Castle, Biden will be able to peer out from its tower to Newry, in the North, where Owen Finnegan set out in 1849 for his journey to the US aboard a ship called the Marchioness of Bute.

    This story and headline have been updated with additional details.

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  • UN tells Afghan staff to stay home after Taliban bans women from working with the organization | CNN

    UN tells Afghan staff to stay home after Taliban bans women from working with the organization | CNN

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    CNN
     — 

    The United Nations has instructed all of its personnel in Afghanistan to stay away from its offices in the country, after the Taliban banned Afghan women from working with the organization.

    “UN national personnel – women and men – have been instructed not to report to UN offices, with only limited and calibrated exceptions made for critical tasks,” the organization said in a statement.

    It comes after Afghan men working for the UN in Kabul stayed home last week in solidarity with their female colleagues.

    The UN said the Taliban’s move was an extension of a previous ban, enforced last December, that prohibited Afghan women from working for national and international non-governmental organizations.

    The organization said the ban is “the latest in a series of discriminatory measures implemented by the Taliban de facto authorities with the goal of severely restricting women and girls’ participation in most areas of public and daily life in Afghanistan.”

    It will continue to “assess the scope, parameters and consequences of the ban, and pause activities where impeded,” the statement said, adding that the “matter will be under constant review.”

    Several female UN staff in the country had already experienced restrictions on their movements since the Taliban seized power in 2021, including harassment and detention.

    Ramiz Alakbarov, the UN Deputy Special Representative, Resident and Humanitarian Coordinator for Afghanistan, called the Taliban’s decision an “unparalleled violation of human rights” last week.

    “The lives of Afghanistan women are at stake,” he said, adding, “It is not possible to reach women without women.”

    The UN Secretary-General’s Special Representative for Afghanistan, Roza Otunbayeva, is engaging with the Taliban at the highest level to “seek an immediate reversal of the order,” the UN said last week.

    “In the history of the United Nations, no other regime has ever tried to ban women from working for the Organization just because they are women. This decision represents an assault against women, the fundamental principles of the UN, and on international law,” Otunbayeva said.

    Other figures within the organization also condemned the move, with the UN High Commissioner for Human Rights calling it “utterly despicable.”

    After the Taliban banned female aid workers in December, at least half a dozen major foreign aid groups temporarily suspended their operations in Afghanistan – diminishing the already scarce resources available to a country in dire need of them.

    The Taliban’s return to power preceded a deepening humanitarian crisis in Afghanistan, worsening issues that had long plagued the country. After the takeover, the US and its allies froze about $7 billion of the country’s foreign reserves and cut off international funding – crippling an economy heavily dependent on overseas aid.

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  • What markets are watching after digesting the US jobs data | CNN Business

    What markets are watching after digesting the US jobs data | CNN Business

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    A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.


    New York
    CNN
     — 

    In an unusual coincidence, the US jobs report was released on a holiday Friday — meaning stock markets were closed when the closely-watched economic data came out.

    It was the first monthly payroll report since Silicon Valley Bank and Signature Bank collapsed. It also marked a full year of jobs data since the Federal Reserve began hiking interest rates in March 2022.

    While inflation has come down and other economic data point to a cooling economy, the labor market has remained remarkably resilient.

    Investors have had a long weekend to chew over the details of the report and will likely skip the typical gut-reaction to headline numbers.

    What happened: The US economy added 236,000 jobs in March, showing that hiring remained robust though the pace was slower than in previous months. The unemployment rate currently stands at 3.5%.

    Wages increased by 0.3% on the month and 4.2% from a year ago. The three-month wage growth average has dropped to 3.8%. That’s moving closer to what Fed policymakers “believe to be in line with stable wage and inflation expectations,” wrote Joseph Brusuelas, chief economist at RSM in a note.

    “That wage data tends to suggest that the risk of a wage price spiral is easing and that will create space in the near term for the Federal Reserve to engage in a strategic pause in its efforts to restore price stability,” he added.

    The March jobs report was the last before the Fed’s next policy meeting and announcement in early May. The labor market is cooling but not rapidly or significantly, and further rate hikes can’t be ruled out.

    At the same time Wall Street is beginning to see bad news as bad news. A slowing economy could mean a recession is forthcoming.

    Markets are still largely expecting the Fed to raise rates by another quarter point. So how will they react to Friday’s report?

    Before the Bell spoke with Michael Arone, State Street Global Advisors chief investment strategist, to find out.

    This interview has been edited for length and clarity.

    Before the Bell: How do you expect markets to react to this report on Monday?

    Michael Arone: I think that this has been a nice counterbalance to the weaker labor data earlier last week and all the recession fears. This data suggests that the economy is still in pretty good shape, 10-year Treasury yields increased on Friday indicating there’s less fear about an imminent recession.

    There’s this delicate balance between slower job growth and a weaker labor market without economic devastation. I think this report helps that.

    As it relates to the stock market, I would expect the cyclical sectors to do well — your industrials, your materials, your energy companies. If interest rates are rising, that’s going to weigh on growth stocks — technology and communication services sectors, for example. Less recession fears will mean investors won’t be as defensively positioned in classic staples like healthcare and utilities.

    Could this lead to a reverse in the current trend where tech companies are bolstering markets?

    Yes, exactly. It’s difficult to make too much out of any singular data point, but I think this report will hopefully lead to broader participation in the stock market. If those recession fears begin to abate somewhat, and investors recognize that recession isn’t imminent, there will be more investment.

    What else are investors looking at in this report?

    We’ve seen weakness in the interest rate sensitive parts of the market — areas that are typically the first to weaken as the economy slows down. So things like manufacturing, things like construction. That’s where the weakness in this jobs report is. And the services areas continue to remain strong. That’s where the shortage of qualified skilled workers remains. I think that you’re seeing continued job strength in those areas.

    What does this mean for this week’s inflation reports? It seems like the jobs report just pushed the tension forward.

    it did. I expect that inflation figures will continue to decelerate — or grow at a slower rate. But I do think that the sticky part of inflation continues to be on the wage front. And so I think, if anything, this helps alleviate some of those inflation pressures, but we’ll see how it flows through into the CPI report next week. And also the PPI report.

    Is the Federal Reserve addressing real structural changes to the labor market?

    The Fed was confused in February 2020 when we were in full employment and there was no inflation. They’re equally confused today, after raising rates from zero to 5%, that we haven’t had more job losses.

    I’m not sure why, but from my perspective, the Fed hasn’t taken into consideration the structural changes in the labor force, and they’re still confused by it. I think the risk here is that they’ll continue to focus on raising rates to stabilize prices, perhaps underestimating the kind of structural changes in the labor economy that haven’t resulted in the type of weakness that they’ve been anticipating. I think that’s a risk for the economy and markets.

    A few weeks ago, Before the Bell wrote about big problems brewing in the $20 trillion commercial real estate industry.

    After decades of thriving growth bolstered by low interest rates and easy credit, commercial real estate has hit a wall. Office and retail property valuations have been falling since the pandemic brought about lower occupancy rates and changes in where people work and how they shop. The Fed’s efforts to fight inflation by raising interest rates have also hurt the credit-dependent industry.

    Recent banking stress will likely add to those woes. Lending to commercial real estate developers and managers largely comes from small and mid-sized banks, where the pressure on liquidity has been most severe. About 80% of all bank loans for commercial properties come from regional banks, according to Goldman Sachs economists.

    Since then, things have gotten worse, CNN’s Julia Horowitz reports.

    In a worst-case scenario, anxiety about bank lending to commercial real estate could spiral, prompting customers to yank their deposits. A bank run is what toppled Silicon Valley Bank last month, roiling financial markets and raising fears of a recession.

    “We’re watching it pretty closely,” said Michael Reynolds, vice president of investment strategy at Glenmede, a wealth manager. While he doesn’t expect office loans to become a problem for all banks, “one or two” institutions could find themselves “caught offside.”

    Signs of strain are increasing. The proportion of commercial office mortgages where borrowers are behind with payments is rising, according to Trepp, which provides data on commercial real estate.

    High-profile defaults are making headlines. Earlier this year, a landlord owned by asset manager PIMCO defaulted on nearly $2 billion in debt for seven office buildings in San Francisco, New York City, Boston and Jersey City.

    Dig into Julia’s story here.

    Tech stocks led market losses in 2022, but seemed to rebound quickly at the start of this year. So as we enter earnings season, what should we expect from Big Tech?

    Daniel Ives, an analyst at Wedbush Securities, says that he has high hopes.

    “Tech stocks have held up very well so far in 2023 and comfortably outpaced the overall market as we believe the tech sector has become the new ‘safety trade’ in this overall uncertain market,” he wrote in a note on Sunday evening.

    Even the recent spate of layoffs in Big Tech has upside, he wrote.

    “Significant cost cutting underway in the Valley led by Meta, Microsoft, Amazon, Google and others, conservative guidance already given in the January earnings season ‘rip the band- aid off moment’, and tech fundamentals that are holding up in a shaky macro [environment] are setting up for a green light for tech stocks.”

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  • 3 unions representing about 9,000 Rutgers University faculty and staff to begin historic strike over contract negotiations | CNN

    3 unions representing about 9,000 Rutgers University faculty and staff to begin historic strike over contract negotiations | CNN

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    CNN
     — 

    Three unions representing about 9,000 Rutgers University faculty and staff will go on strike Monday morning after nearly a year of gridlocked contract negotiations, marking the first educator strike in the university’s nearly 257-year history, according to the unions.

    Members of the unions will form picket lines on Rutgers’s three main campuses in New Brunswick, Newark and Camden, New Jersey, to demand salary increases, improved job security for adjunct faculty and guaranteed funding for graduate students, among other requests, union representatives said in a joint release.

    “Those closest to our learning and to the university’s mission to teaching, research and service deserve more than to merely be surviving and scraping by,” Rutgers masters student Michelle O’Malley said during a virtual town hall Sunday night.

    The three unions are Rutgers AAUP-AFT, which represents full-time faculty, graduate workers, postdoctoral researchers and counselors; the Rutgers Adjunct Faculty Union, which represents part-time lecturers; and AAUP-BHSNJ, which represents faculty who teach at the university’s medical and public health facilities.

    While union leaders expect the action to halt instruction and “non-critical research,” the university is insisting most classes will continue. Clinicians at the university’s health facilities “will continue to perform patient care duties and critical research, while curbing voluntary work,” the unions’ release said.

    In guidelines posted in the case of a strike, the university advised students to continue to attend classes and complete assignments as normal.

    “To say that this is deeply disappointing would be an understatement,” Rutgers University President Jonathan Holloway said in a letter to the community. According to Holloway, the two sides agreed to appoint a mediator just two days before the strike was announced.

    “For the past several weeks, negotiations have been constant and continuous,” the president said. “Significant and substantial progress has been made, as I have noted, and I believe that there are only a few outstanding issues. We will, of course, negotiate for as long as it takes to reach agreements and will not engage in personal attacks or misinformation.”

    Union representatives, however, insist that the university has refused to meet their central demands.

    “After sitting at the bargaining table for 10 months trying to win what we believe to be fair and reasonable things, like fair pay, job security, and access to affordable health care, and getting virtually nowhere on these core demands, we had no choice but to vote to strike,” Amy Higer, a part-time lecturer at Rutgers and president of the Adjunct Faculty Union, said in a statement.

    She continued, “We’ve heard management say that a strike will harm students. But you know what really harms students? The high turnover that results from paying teachers poorly and making them reapply for their jobs every semester.”

    New Jersey Governor Phil Murphy in a statement implored university and union bargaining committee representatives to meet in his office Monday “to have a productive dialogue.”

    In addition to the three groups that announced the strike, there are nine other unions seeking new contracts with the university, according to the unions’ release.

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  • Wall Street says bad news is no longer good news. Here’s why | CNN Business

    Wall Street says bad news is no longer good news. Here’s why | CNN Business

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    A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.


    New York
    CNN
     — 

    There’s been a seismic shift in investor perspective: Bad news is no longer good news.

    For the past year, Wall Street has hoped for cool monthly economic data that would encourage the Federal Reserve to halt its aggressive pace of interest rate hikes to tame inflation.

    But at its March meeting — just days after a series of bank failures raised concerns about the economy’s stability — the central bank signaled that it plans to pause raising rates sometime this year. With an end to interest rate hikes in sight, investors have stopped attempting to guess the Fed’s next move and have turned instead to the health of the economy.

    This means that, whereas softening economic data used to signal good news — that the Fed could potentially stop raising rates — now, cooling economic prints simply suggest the economy is weakening. That makes investors worried that the slowing economy could fall into a recession.

    What happened last week? Markets teetered after a slew of economic reports signaled that the red-hot labor market is finally cooling (more on that later), flashing warning signals across Wall Street.

    Investors accordingly shed high-growth, large-cap stocks that have surged recently to rush into defensive stocks in industries like health care and consumer staples.

    While tech stocks recovered somewhat by the end of the short trading week — markets were closed in observance of Good Friday — the Nasdaq Composite still slid 1.1%. The broad-based S&P 500 fell 0.1% and the blue-chip Dow Jones Industrial Average gained 0.6%.

    What does this mean for markets? Now that Wall Street is in “bad news is bad news and good news is good news” mode, it will be looking for signs that the economy remains resilient.

    What hasn’t changed is that investors still want to see cooling inflation data. While the central bank has signaled that it will pause hiking rates this year, its actions so far have only somewhat stabilized prices. The Personal Consumption Expenditures price index, the Fed’s preferred inflation gauge, rose 5% for the 12 months ended in February — far above its 2% inflation target.

    Moreover, Wall Street might be overly optimistic about how the Fed will act going forward: Some investors expect the central bank to cut rates several times this year, even though the central bank indicated last month that it does not intend to lower rates in 2023.

    It’s unclear how markets will react if the Fed doesn’t cut rates this year. But there likely won’t be a notable rally unless the central bank pivots or at least indicates that it plans to soon, said George Cipolloni, portfolio manager at Penn Mutual Asset Management.

    Commentary that’s hawkish or reveals inflation worries could hurt markets, he adds. “It keeps that boiling point and that temperature a little high.”

    What comes next? The Fed holds its next meeting in early May. Before then, it will have to parse through several economic reports to get a sense of how the economy is doing, and what it will be able to handle. Markets currently expect the Fed to raise interest rates by a quarter point, according to the CME FedWatch tool.

    The labor market appears to be cooling somewhat, at least according to the slew of data released last week. But it’s still far too early to assume that the job market has lost its strength.

    President Joe Biden said in a statement Friday that the March data is “a good jobs report for hard-working Americans.”

    The March jobs report revealed that US employers added a lower-than-expected 236,000 jobs last month. Economists expected a net gain of 239,000 jobs for the month, according to Refinitiv.

    The unemployment rate dropped to 3.5%, according to the Bureau of Labor Statistics. That’s below expectations of holding steady at 3.6%.

    The jobs report was also the first one in 12 months that came in below expectations.

    But that doesn’t mean that the job market isn’t strong anymore.

    “The labor market is showing signs of cooling off, but it remains very tight,” Bank of America researchers wrote in a note Friday.

    Still, other data released last week help make the case that cracks are finally starting to form in the labor market. The Job Openings and Labor Turnover Survey for February revealed last week that the number of available jobs in the United States tumbled to its lowest level since May 2021. ADP’s private-sector payroll report fell far short of expectations.

    What this means for the Fed is that the cooldown in the latest jobs report likely won’t be enough for the central bank to pause rates at its next meeting.

    “The Fed will more than likely raise rates in May as the labor market continues to defy the cumulative effects of the rate hikes that began over a year ago,” said Quincy Krosby, chief global strategist at LPL Financial.

    Monday: Wholesale inventories.

    Tuesday: NFIB Small Business Optimism Index. Earnings from CarMax (KMX), Albertsons (ACI) and First Republic Bank (FRC).

    Wednesday: Consumer Price Index and FOMC meeting minutes.

    Thursday: OPEC monthly report and Producer Price Index. Earnings from Delta Air Lines (DAL).

    Friday: Retail sales and University of Michigan consumer sentiment survey. Earnings from JPMorgan Chase (JPM), Wells Fargo (WFC), BlackRock (BLK), Citigroup (C) and PNC Financial Services (PNC).

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  • Up to 10 people trapped after building collapses in Marseilles | CNN

    Up to 10 people trapped after building collapses in Marseilles | CNN

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    Paris
    CNN
     — 

    Between four and 10 people are believed to be trapped under rubble in the southern French port city of Marseilles after a building collapsed early on Sunday, according to French authorities.

    A “violent explosion” at around 12:30am local time is believed to be the cause of the collapse, according to Marseilles Mayor Benoît Payan. Investigations are ongoing.

    Eighty people have already been evacuated, rescuers told CNN affiliate BFMTV.

    Efforts are being complicated by the dangerous situation on the ground with rubble having to be removed before the fire can be fully put out, French Interior Minister Gerald Darmanin told BFM, during a visit to the scene.

    Darmanin said rescuers are also concerned about firefighting water endangering the lives of any buried survivors.

    Local residents described hearing an explosion, with lots of dust and a smell of gas in the air.

    “It was exhausting and completely insane. I saw an avalanche of people panicking in the street and then I started running like crazy,” an unnamed witness told BFM.

    Approximately thirty of the surrounding buildings have also been evacuated, according to Darmanin.

    French President Emmanuel Macron said Sunday that his thoughts were with those impacted. “Thoughts with Marseille, where a building on rue Tivoli collapsed last night. I am thinking of those affected and their loved ones. An investigation is continuing with significant resources deployed. Thank you to the firefighters and rescuers mobilized,” he said.

    Locals desribed hearing a loud explosion in the early hours of Sunday.

    A fund of 100,000 euros ($110,000) has been provided to help the victims of the blast, according to the Aix-Marseille-Provence Metropolis, with the money coming from regional authorities, BFMTV reported.

    BFMTV also reports that the Marseilles prosecutor’s office has opened an investigation into “unintentional injuries.”

    Marseilles has suffered such incidents before. In 2018, CNN reported on the collapse of several buildings in the city’s Noailles district, which killed at least four people.

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  • Toxic fume warning after fire breaks out at Hamburg warehouse | CNN

    Toxic fume warning after fire breaks out at Hamburg warehouse | CNN

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    CNN
     — 

    Residents in the German city of Hamburg have been warned of heavy smoke and possible toxins in the air after a major fire broke out at a warehouse.

    Video circulating on social media shows the warehouse engulfed in flames early Sunday morning, with smoke billowing into the sky.

    “Smoke gases and chemical components in the air caused by a warehouse fire can affect breathing. The cloud of smoke is moving towards the city center!” an alert from the Hamburg fire department said.

    Some 140 people have been evacuated, a police spokesperson said, according to Reuters.

    The fire sent a large cloud of smoke over the city

    According to local news outlet NDR, local residents have been instructed to close their windows and doors.

    “The inner city of Hamburg has gone completely dark,” a fire department spokesperson said, as quoted by the outlet.

    It is not clear yet what caused the fire.

    Germany’s national railway company, Deutsche Bahn, said trains between Hamburg and the nearby town of Büchen have been suspended due to the incident.

    Trains between Hamburg and Berlin are also facing delays of up to 90 minutes.

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  • America funded nationwide child care during WWII. Here’s how Biden is trying to revive that effort | CNN Politics

    America funded nationwide child care during WWII. Here’s how Biden is trying to revive that effort | CNN Politics

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    Washington
    CNN
     — 

    During World War II, the federal government spent more than $1 billion in today’s dollars to help provide affordable child care for mothers who entered the workforce in droves to support the war effort.

    Child care centers in more than 635 communities across the country received funds. Many stayed open late and on weekends to match workers’ factory schedules.

    The World War II-era child care program was the first and only federally administered child care for all families, regardless of their income – a qualifying factor for many of today’s federal child care subsidies.

    But the federal funding abruptly expired when the war ended, and now, roughly 80 years later, many American families struggle to find affordable, high-quality child care that meets their needs. The private market simply does not provide adequate child care options.

    President Joe Biden, who could not get his universal pre-K proposal through Congress, is now taking a different, more limited approach. He’s requiring companies applying for certain federal grants meant to boost domestic manufacturing of semiconductor chips to also have a plan to provide access to affordable child care for their workers.

    The policy is designed to make sure workers as well as companies benefit from this federal investment, said Betsey Stevenson, a professor of public policy and economics at the University of Michigan who previously served as an adviser to former President Barack Obama.

    “Another way to think about it is that we really need government involved in child care,” she said.

    As men went overseas to fight in World War II and the federal government’s “Rosie the Riveter” campaign encouraged women to join the workforce, it became clear that child care was sorely needed.

    The money came from the National Defense Housing Act of 1940, more widely known as the Lanham Act, which was meant to fund infrastructure projects deemed critical to the war effort. The Federal Works Agency decided in 1942 that child care services fell in that category.

    The FWA allowed the funds to be used for the construction and maintenance of child care facilities, to train and pay teachers, and to provide meals for communities that were directly involved in the war effort. The child care money was disbursed to centers in nearly every state.

    Parents typically had to chip in, paying less than $1 a day for the child care services.

    “It’s quite remarkable. The country essentially stood up an entire child care program in a matter of months,” said Chris Herbst, an associate professor at Arizona State University who published a study in 2013 on the Lanham Act child care program.

    Herbst found that mothers’ paid work increased substantially following the child care subsidies. He also found that those mothers were more likely to be working 20 years later.

    The program had a long-term impact on the children, too, whom Herbst found to be more likely to achieve higher levels of education and to be employed in the future, and less likely to receive other kinds of government aid throughout their lives.

    Currently, the federal government subsidizes child care for low-income families through programs like the Child Care and Development Fund and Head Start programs.

    But many families still struggle to afford child care, and those that can afford it have trouble finding it. After the Covid-19 pandemic dealt a huge blow to the child care sector, the federal government provided funds to help keep child care centers operating. But long-lasting, sweeping reform has repeatedly failed to pass Congress.

    Last year, lawmakers passed the CHIPS and Science Act, which invests more than $200 billion over five years to help the US bring back semiconductor chip manufacturing from places like China. The law is not specifically about child care, but now the Commerce Department is requiring some companies to also provide access to child care in order to be eligible for the money.

    The CHIPS law creates incentives for companies to build, expand and modernize US facilities and equipment and is already spurring private investment. Wolfspeed, a North Carolina semiconductor manufacturer that Biden visited late last month, announced a $5 billion investment to build a facility, expecting to create 1,800 jobs there.

    In February, the Biden administration added the child care provision. Companies seeking certain grants over $150 million must also submit a plan to provide their facility and construction workers with access to affordable, high-quality child care, according to the government’s guidance.

    “The first thing I thought was that this was ‘Lanham Part Two,’” said Kathryn Edwards, an adjunct economist at the RAND Corporation.

    “We want to make sure we have workers for this critical industry, so we are going to have child care,” she said.

    Like the Lanham Act, the child care program is supported by a law primarily focused on industrial policy. But the CHIPS law is putting the onus on the employer to provide the service, rather than deliver funding directly to local child care centers.

    “Here’s the truth: CHIPS won’t be successful unless we expand the labor force. We can’t do that without affordable child care,” Commerce Secretary Gina Raimondo tweeted in February.

    Herbst believes it could be a few years before workers see how the child care requirement plays out and how each employer decides to structure the benefit. They may choose to provide child care on-site or offer employees child care vouchers.

    “The administration has, I think, a commitment to child care. I think the question is whether this is the best way to manifest that commitment,” Herbst said.

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  • Northern Ireland’s ‘peace babies’ say sectarianism lives on, thwarting progress | CNN

    Northern Ireland’s ‘peace babies’ say sectarianism lives on, thwarting progress | CNN

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    Belfast
    CNN
     — 

    Cori Conlon grew up thinking Protestants were “the bad guys.”

    They went to different schools, played different sports, had different flags, and sang different songs. She said she was oblivious to the complexities of Northern Irish politics, but knew only one thing: to stay away from the Protestant children living at the bottom of the street.

    Raised in a predominantly Catholic area in west Belfast, she spoke Irish, sang Irish ballads and attended Irish Catholic school. Her routine was punctuated by “peace walls,” the towering metal barricades built during the conflict that separate communities into Catholic and Protestant. .

    Her views were shaped by the folklore of her family, tales that her “Great Granny Kitty” would tell of the violence between Catholic nationalists and Protestant unionists, or the British Army, known as the Troubles, that racked daily life for 30 years and left more than 3,600 people dead.

    In 1971, her grandparents provided a safe-haven to neighbors after the British army shot and killed 10 people in their district, a series of incidents known as the Ballymurphy massacre, she said. That and other stories left their mark on her.

    She didn’t meet a Protestant until she was 11.

    Conlon is one of Northern Ireland’s “peace babies,” those born after the Good Friday Agreement was signed in 1997, ending decades of violence and raising hopes of a brighter future for the next generation. But 25 years on, young people like Conlon are still exposed to the trauma of the Troubles, as clashes over identity and constitutional issues continue to dictate political discourse.

    The anniversary of the agreement comes as the power-sharing system of government it created, designed to end decades of violence, is failing. The Democratic Unionist Party (DUP) collapsed the government in protest against the Brexit settlement, which it says drives a wedge between Northern Ireland and Britain. Meanwhile, Sinn Fein, a political party dedicated to Irish reunification, is now the most popular across the island of Ireland.

    Caught in the middle of this constitutional tug of war are young people, whose minds are preoccupied with pressing social issues: a largely segregated education and housing system, poor health care and high levels of poverty. CNN spoke with three “peace babies” living in Belfast, who dream of living in a future free from sectarianism, and say that political discord is stifling their futures.

    “I grew up in a segregated society, in my own community. I went to an Irish primary school and an Irish Catholic secondary school. I thought Protestants were the bad guys – because that’s what you were told – through history, parents and the murals you see in your area,” Conlon, 22, an Irish-language campaigner who works in theater, told CNN.

    But Cori’s perception of Protestants began to change when she joined a cross-community performing arts project, learning to act and sing with young people from the other side of Belfast.

    “If it wasn’t for the Rainbow Factory, I wouldn’t have met a Protestant until I was an adult. Now as an adult, because of the Rainbow Factory, I have a lot of friends from all communities, but still anytime I go to east Belfast my parents are traumatized,” she said. “The older generations have not healed, and that’s why it keeps getting passed on to the younger generation.”

    Like many others in her generation, Conlon emigrated from Northern Ireland, moving away to study drama in England. But unlike the 88% of young people who never return home – she moved back to Belfast.

    Now, she works for YouthAction Northern Ireland, teaching theater to children from Protestant and Catholic backgrounds at the Rainbow Factory, the same performing arts school that she said opened her eyes to the fissures within Northern Ireland’s society. An advocate for better peace and reconciliation, she is adamant that another generation is not condemned to the same fate of sectarianism.

    Joel Keys, a 21-year-old loyalist activist from east Belfast, lives on the other side of the peace walls, where many curbs are still painted in the colors of the British Union Jack flag – red, white and blue – to mark out unionist territory.

    Many of the loyalist murals in the area were painted by his father. One pays homage to the east Belfast Protestant Boys Flute Band, who march through the streets of the city every year on July 12, celebrating the anniversary of the Battle of the Boyne in 1690, when King William of Orange secured a victory over the deposed Catholic monarch James II – leading to the discrimination of Irish Catholics for centuries. The streets are lined with murals showing men wearing balaclavas pointing guns, with the words: “if you are attacked, defend yourself.”

    “There were no Catholics in my area or school. For most of my life, I thought, we are the good guys – and all of them Catholics were evil, scary and wanted to kill us,” Keys told CNN. “But it’s not that young loyalists are running around with a hatred of Catholics in their hearts.”

    These divisions are reinforced throughout society. Across Northern Ireland, 93% of children go to a school that is segregated by religion, per a UNESCO report from Ulster University in 2021. And more than 90% of social housing estates remain segregated into single identity communities, with that number rising to 94% in Belfast, according to 2016 figures from the Housing Executive.

    Joel Keys:

    In 2021, unionists held rallies and marches to protest the Northern Ireland protocol – recently rebranded as the “Windsor Framework – part of the Brexit deal that saw the United Kingdom leave the European Union, leading to a customs border in the Irish Sea in order to avoid having one across the island of Ireland. Loyalists’ anger boiled over and spilled into the streets. Adults cheered on children as they threw petrol bombs at police. Eight people were arrested for rioting, including Keys.

    The teenage supermarket worker-turned aspiring politician was released from jail after his arrest, and shortly after was invited to appear before the Northern Ireland affairs committee to discuss loyalist anger. He stunned members of the Northern Ireland Assembly, known as Stormont, and faced media backlash, after claiming that sometimes violence is “the only tool you have left.”

    But he has since spoken out against the renewed loyalist violence in his area, saying those who have accused him of supporting it misunderstood him.

    “The Northern Ireland Protocol is interesting because I think loyalism has a point – and I think there’s a legitimate argument to be made that a customs border between Northern Ireland and Britain – similar to the way a border across the island, is wrong. But is it the case that these are the issues that people in my community are discussing? No. If you went out and did a survey and asked people in loyalist areas what is the Protocol – I’d be willing to bet that over half of them wouldn’t be able to tell you – there’s more important issues,” Keys told CNN.

    More than anything, Keys is furious at how the current political impasse has left the people of east Belfast in poverty, adding that leaders of the Democratic Unionist parties need to understand that the new generation want better jobs and education, not the same tired sectarian politics pitting orange (Protestant) against green (Catholic).

    “People in my community, they’re not lazy or stupid – so why are they stuck in the position they’re in? Why are they struggling to find employment? Why are some of them struggling to find a house?” Keys queried. “Because our schools have failed, and our political system is failing. But instead of addressing these problems, people are still in war mode. The Good Friday Agreement may have taken away the bombs and the bullets, but all this means is that we’re now at war with our words instead.”

    In 2012, there were loyalist riots when the number of days that the Union flag flies over Belfast City Hall was limited from 365 days a year to 18 — the minimum required for UK government buildings. Protesters, angered over what they saw as an attack on British culture, threw petrol bombs, bricks and stones at police, burning the offices of political parties that voted for the decision.

    “I remember running down to Belfast city center with my friends to riot. I picked up a bin and threw it. I looked across the street and saw a woman looking at me, an ordinary person going about their day. She was so appalled at what was going on – and I remember thinking, what am I doing?” Andrew Clarke, a 27-year-old Protestant from east Belfast, told CNN.

    Andrew Clarke studies history at Queen's University Belfast.

    Clarke said that his identity at the time was firmly rooted in unionism, born out of his childhood and nurtured in a Protestant state school.

    But at 16, after the 2012 riots he said his view of the issues facing his generation shifted dramatically when he changed schools from a Protestant state school to an integrated college. The move opened his eyes to other, more pressing issues, which he says he feels aren’t represented adequately by politicians today.

    “I was a supporter of LGBT rights and abortion access for women, but the DUP opposed that. Growing up in a loyalist area, I’ve seen how loyalist communities are controlled by unionist politicians who don’t care about them – who use the constitutional question to ignore social issues, where social deprivation is tolerated because politics is seen as green and orange,” Clarke said, adding that he now aligns more with Irish Republicanism.

    “There is a cost-of-living crisis, homelessness crisis and Belfast is the suicide capital of western Europe. There is nothing here for young people – so they flee abroad.”

    In 2022, after the latest round of rioting subsided, the Democratic Unionist Party collapsed the power-sharing deal designed to stop the bloody conflict, in protest over the Northern Ireland protocol. It is the fifth time since the Good Friday Agreement was signed that sectarian politics has left the Northern Irish people without a government.

    Without a body to allocate funding, Youth Action Northern Ireland, which runs the Rainbow Factory, may be forced to close some of their cross-community projects, one less opportunity for Catholic and Protestant children to meet, according to Conlon.

    Northern Ireland has the highest levels of child poverty per head of population in the UK, with 100,000 born into poverty, according to the Joseph Rowntree foundation. And, last week, Northern Ireland’s Department of Education announced that they were scrapping Holiday Hunger, a free school meal program, and a school counseling scheme due to budget cuts.

    “Youth organizations are crying out for government support. There’s funding there that can’t be given out – because there’s no government – and these youth services are going to close. Young people rely on it so much. I honestly can’t even begin to imagine the impact this will have on their lives,” Conlon said.

    “It feels like all these issues are more important than sectarian politics – but it feels like if we don’t address sectarianism – then we can’t deal with these issues.”

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  • Washington firefighters come to the rescue of parachutist stuck in tree | CNN

    Washington firefighters come to the rescue of parachutist stuck in tree | CNN

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    CNN
     — 

    Washington firefighters rescued an unlucky parachutist after he became stuck in a tree.

    The man landed in a tree in Central Mason County on April 1, according to a news release from Central Mason Fire and EMS.

    Luckily, the man avoided hitting the “high-capacity” power lines and was uninjured, the release says.

    The parachutist landed in a “swamp/drainage area,” so first responders had to use a 35-foot tall ground ladder rather than a ladder truck to reach him.

    “He just needed assistance getting untangled and down from the tree,” said Central Mason Fire and EMS in the release.

    The man was participating in a scheduled parachuting course at local business Skydive Kapowsin, Central Mason Fire and EMS told CNN in an email. He was meant to land in Sanderson Field, a public airfield in Shelton.

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  • Former Florida state employee’s son arrested for alleged school threats | CNN Politics

    Former Florida state employee’s son arrested for alleged school threats | CNN Politics

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    CNN
     — 

    The 13-year-old son of Rebekah Jones, who claimed she was fired for refusing to manipulate state Covid-19 data while working in Florida Gov. Ron DeSantis’ state Health Department, was arrested Wednesday for allegedly threatening a shooting at a middle school.

    The boy, whom CNN is not naming because he is a minor, was charged with written or electronic threats to kill, do bodily injury, or conduct a mass shooting or an act of terrorism, a second-degree felony, according to a warrant issued by the Santa Rosa County Sheriff’s Office.

    In security camera video at the sheriff’s office, obtained by CNN, Jones can be seen accompanying the boy to the sheriff’s office on Wednesday afternoon, where he surrendered.

    Thursday evening, Jones, who has a sizable online following, tweeted, “My son is home with me now and sleeping.”

    She suggested, without evidence, that her son’s arrest was related to a lawsuit she filed on March 13 in Leon County, Florida, against the Florida Department of Health and a former supervisor, under the state whistleblower act, seeking to get her job back, lost wages and damages for her treatment as an employee.

    A spokeswoman for DeSantis referred questions about the arrest “to the diligent law enforcement of Santa Rosa Sheriff’s office.”

    Jones noted in a tweet that the sheriff’s office began investigating her son shortly after she filed the lawsuit. She claimed on Twitter that her son had sent “just memes” to his friends that she says were not threatening.

    But, according to police reports, multiple students at a Navarre, Florida, middle school told police that Jones’ son had told people he planned a school shooting and posted threatening memes and messages on Snapchat and Discord. One student told police that the boy told her on Discord he wanted to end his life and shoot up the school.

    After issuing a search warrant, officers said they found messages in February from the boy’s Snapchat account referencing guns and the Columbine High School massacre and plans to shoot and stab people at the school.

    During an interview with police on March 23, the boy told police he did not intend to carry out the shooting and police did not find any guns at his home. Jones told police the boy no longer attended the school and was being home schooled, according to police documents.

    CNN has reached out to the sheriff’s office for additional information on the case.

    Jones in 2020 accused the DeSantis administration of trying to cover up the extent of the pandemic and firing her for refusing to falsify numbers to minimize the scale of the outbreak. Last year, a state inspector general report said her claims were “unsubstantiated” and Covid-19 data was not falsified.

    Jones publicly shared the story of her dismissal before leaving the department in May 2020 and became a prominent online critic of DeSantis. She unsuccessfully ran for Congress last year against Republican Rep. Matt Gaetz.

    In December 2020, state police executed a search warrant at Jones’ home while investigating whether she accessed a state messaging system without authorization to call for state officials to speak out about Covid-19 deaths. She was ultimately charged with one count of offenses against users of computers, computer systems, computer networks and electronic devices. In December, Jones agreed to admit guilt and pay a $20,000 fee in a pretrial deferred prosecution agreement.

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  • Florida Senate passes 6-week abortion ban | CNN Politics

    Florida Senate passes 6-week abortion ban | CNN Politics

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    Washington
    CNN
     — 

    Florida’s state Senate on Monday passed a bill that would ban most abortions in the state after the gestational age of six weeks, or about four weeks of pregnancy.

    The bill’s advance, which still needs to pass the state’s GOP-led House, comes one year after Gov. Ron DeSantis signed a 15-week ban into law. The new legislation likely further burnishes the conservative credentials of DeSantis, a potential 2024 presidential candidate, and it was met with outrage by state Democrats, two of whom were arrested during a protest near the state Capitol Monday night.

    The current bill would impose restrictions on telehealth abortions and medication. It would include exemptions for women facing life-threatening harm while pregnant and victims of rape, incest and human trafficking.

    The bill targets both physicians who perform abortions and those who “actively participate in” them, and should the bill become law, any person who violates it could be charged with a third-degree felony.

    The “Heartbeat Protection Act” passed the Florida Senate in a 26-13 vote.

    A protest over the bill near the state Capitol resulted in the arrests of 11 people who were charged with trespassing after a warning, Tallahassee police said. Florida Democrats said state party Chairwoman Nikki Fried and Florida Senate Minority Leader Lauren Book were among them.

    “As the Democratic leader in the Florida Senate, it’s my job to a lead this incredible group of 11 Democrats, other than myself, to fight against these extreme policies,” Book told CNN on Wednesday. ‘Women will die as a consequence of this piece of policy.”

    Other abortion rights advocates say the Florida bill unfairly seeks to ban abortions before many even know they are pregnant.

    “This bill will unfairly and disproportionately impact people who live in rural communities, people with low incomes, people with disabilities, and people of color,” Kara Gross, the legislative director and senior policy counsel at the American Civil Liberties Union of Florida, said in a statement.

    “Hundreds of thousands of pregnant people will be forced to travel out of state to seek the care they need. Many people will not even know they are pregnant by six weeks, and for those who do, it is unlikely they will be able to schedule the legally required two in-person doctor’s appointments before six weeks of pregnancy,” Gross said.

    The White House has also criticized the pending bill.

    “The President and Vice President believe women should be able to make health care decisions with their doctors and families – free from political interference. They are committed to protecting access to reproductive care, and continue to call on Congress to restore the protections of Roe v. Wade in federal law,” White House press secretary Karine Jean-Pierre said in a statement when the bill was first introduced.

    State Sen. Clay Yarborough, one of the bill’s Republican sponsors, said “unborn children deserve the strongest protections possible under our laws.”

    The legislation underscores the ongoing efforts across the country to restrict access to abortion in a post-Roe world. Other Republican-led states have also pursued six-week abortion bans that have been met with legal challenges.

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