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General Electric was blasted on Wednesday by workers, retirees and shareholders bemoaning the downfall of the company they love.At its annual meeting, GE got an earful from employees and investors who pleaded with management to right the ship after a disastrous year."I believe it was arrogance and a series of bad business decisions," former employee Bill Freeda said. "Our board of directors clearly has been AWOL."Another shareholder said: "GE, which was once one of the preeminent companies in the world — the bluest of blue chips — is now an embarrassment."The past 12 months has been one of the darkest periods in GE's 126-year history. A cash crisis, brought on by years of bad deal-making, forced GE to cut its dividend in half and lay off thousands of workers. GE's stock price has crashed by 50%, and calls to kick it out of the Dow have grown louder.Despite the deep criticism of past and current GE leaders, the company's nominees to the board were all elected on Wednesday. None of the shareholder proposals calling for reform were adopted, though one pushing for splitting the CEO and chairman roles received strong support.John Flannery, a veteran GE executive who replaced longtime chairman and CEO Jeff Immelt last year, said he remains "extremely proud" of the company despite its "immensely disappointing" results."We're keenly aware of the pain that our performance has caused," he said.Flannery urged investors and employees to keep the faith and said results from the start of 2018 offer hope."I want all of you to be proud of the company and not lose heart," he said. "I assure you we will not let up until this job is complete."Former GE workers slammed the company for eliminating their supplemental health insurance plans."We built the company. We put it where it is today," said Ron Flowers, president of the Retiree Association of General Electric."Don't just think financially," Flowers urged the board. "Think morally also."Other retirees lamented GE's billion pension deficit, the largest among S&P 500 companies. They questioned whether the pension fund, whittled by years of low rates and inattention, will be around to support them.Flannery said the pension fund is running a "significant deficit," but he said maintaining its integrity is "a deep priority for us." He noted GE recently announced plans to contribute billion to the fund.Freeda, a GE retiree, slammed Immelt for having a back-up jet fly around the world with him on some trips. (GE has said it stopped that practice in 2014. Immelt told the board last year in a letter that he "did not have time to personally direct" the day-to-day operations of GE's corporate air team. He said use of the spare plane was halted once he became aware of it.)"Shareowners should wonder: Were there other serious business abuses?" Freeda said. He called for an independent investigation into questionable business practices under Immelt and urged GE to consider clawing back the former CEO's bonuses.Flannery said that the GE board would take "appropriate steps" if "evidence of serious misconduct" were to emerge. A spokesperson for Immelt declined to comment.GE shareholders voiced stronger support for a proposal aimed at boosting oversight by splitting the CEO and chairman roles. About 41% of shares were cast in favor of the bid, up from 24% last year.In light of accounting concerns at GE, shareholder support for KPMG as the company's auditor dropped sharply. Just 65% of shares were cast in favor of ratifying KPMG, down from 94% last year. KPMG has been inspecting GE's books for 109 years, leading critics to argue they've become too cozy.Martin Harangozo said he was fired by GE with no severance after raising questions about "bad" accounting."GE transitioned from an honest company to a dishonest company," Harangozo said.Underscoring the challenges facing GE, Moody's lowered its credit outlook on the conglomerate to negative on Wednesday because of the expected costs of a Justice Department investigation into its subprime-mortgages business.Moody's warned it could downgrade GE's credit rating if the company fails to improve cash flow significantly or if revenue keeps shrinking at the beleaguered power division. GE shares dropped nearly 5% on Wednesday, leaving them down 53% over the past year.One retiree pleaded with Flannery to turn around the company — fast."My whole life has been GE," he said. "Give it all you've got. We're with you." 4465
Hey there! ?? We have received reports of users being unable to start and join Zoom Meetings and Webinars. We are currently investigating and will provide updates as we have them. We sincerely apologize for any inconvenience. Please follow https://t.co/aqz5nS7fZY.— Zoom (@zoom_us) August 24, 2020 305

Gun deaths in America have reached a record high.Nearly 40,000 people in the United States died by guns last year, marking the highest number of gun deaths in decades, according to a new analysis of data from the Centers for Disease Control and Prevention's WONDER database.A similar analysis was first conducted by the Educational Fund to Stop Gun Violence, a non-profit gun policy advocacy group.CNN replicated that analysis and found that 39,773 people died by guns in 2017, which is an increase of more than 10,000 deaths from the 28,874 in 1999. The age-adjusted rate of firearm deaths per 100,000 people rose from 10.3 per 100,000 in 1999 to 12 per 100,000 in 2017.CDC statisticians confirmed with CNN on Thursday that these numbers are correct and they show gun deaths have reached a record-high going back to at least 1979, which was the year firearm deaths started to be coded in mortality data.CNN's analysis also showed that 23,854 people died from suicide by guns in 2017, the highest number in 18 years. That's a difference of more than 7,000 deaths compared with 16,599 suicide deaths by guns in 1999.The age-adjusted rate of suicide deaths by firearm rose from 6.0 in 1999 to 6.9 in 2017.Firearm deaths in the data include gun deaths by homicide and suicide, unintentional deaths, deaths in war or legal interventions, and deaths that are undetermined.When the data are analyzed by race and gender, they show that white men made up 23,927 of the total 39,773 firearm deaths last year, including suicides.In 2017, the age-adjusted rate of suicide deaths by firearm was highest among white men at 14 per 100,000 -- compared with: 1650
GREELEY, Colo. – The parents of Chris Watts will get the opportunity to provide victim impact statements at their son’s sentencing hearing Monday but their attorney will not be allowed to address the court, the judge in the case ruled on Thursday.19th Judicial District Court Judge Marcelo A. Kopcow ruled that Cindy and Ronnie Watts should be able to speak in court Monday and deliver victim impact statements in which they could ask the judge for a more-lenient sentence for their son. They can also deliver such statements through a designee, according to the judge’s order.Judge Kopcow wrote that state law affords the two the right to do so because they are the paternal grandparents of Bella and Celeste, whom Chris Watts pleaded guilty to killing in August along with their mother and his pregnant wife, Shanann Watts.But Kopcow ruled that the attorney for the two won’t be allowed to address the court.Cindy and Ronnie Watts spoke for the first time about their son’s case earlier this week, voicing their frustration with the case and questioning the plea deal their son made with Weld County prosecutors, for which he will be sentenced Monday. They also spoke about their negative perception of their daughter-in-law.Shanann’s family responded by calling the Watts’ statements “vicious, grotesque and utterly false” and said “Shanann’s memory and reputation deserves to be protected.”On Thursday, the woman who claims she was having an affair with Chris Watts spoke The Denver Post. She called what happened to Shanann and her daughters “horrific” and said that Chris had “lied about everything” during their relationship and the period between which Chris dumped his wife and daughter’s bodies at an oil and gas site and his arrest.Chris Watts agreed to plead guilty earlier this month to nine counts, including five counts of first-degree murder and other charges, in exchange for being spared from the death penalty.He is expected to be sentenced to life in prison without the possibility of parole at Monday’s sentencing hearing, which is scheduled to begin at 10 a.m. MT. 2114
HINTON, W.V. – Wild and wonderful, the natural beauty of West Virginia can’t be questioned.But the people who live there have seen better days. Sean Phelps sees it all the time.“Bunch of friends from high school that are in prison for drugs, or they (overdosed) from drugs or committed suicide because of drugs. It’s a lot worse here than people think,” said Phelps who lives in the state.The opioid crisis has hit West Virginia as hard as any other state in the country. Combine that with nearly 80,000 coal jobs lost since 1990 and things have been a little bleak.“I had some friends in the coal mines. When the coal mines shut down, they’re not as well off now, that is for sure. Bunch of them are struggling really bad,” he said.But things are buzzing at Appalachian Beekeeping Collective.“Bee keeping integrates everything in our environment and it’s such a heart and mind thing. Like I was saying earlier, people are rooting for honeybees. They’re worried about honeybees and we want to give them tools to really help them in a concrete way,” said Kevin Johnson with the collective.The group is cracking open honeycomb and harvesting sweet, sticky, honey.“It’s a sticky job,” said Robbie Gardisky, who works at the collective harvesting honey.Phelps used to be an EMT and janitor. Gardisky was doing landscaping. Michael Beckner worked in IT.“Not a lot of people that work a job say they love their job. Everybody that works here, loves their job,” said Phelps.They’re all on a second career of sorts. The goal of the collective is to create economic opportunities for rural families in the state. They teach people the skills and give them the materials to keep their own bees.“Our work, even though it’s focused on bees, it’s about working with people,” said Johnson.Johnson is one of the people who mentors prospective beekeepers. Passing on his knowledge is one of his favorite parts of his job.“We have a 12-year-old who is the youngest apprentice beekeeper in West Virginia. We also have an 83-year-old beekeeper. We’ve got people who live on large cattle farms, people who live on small lots in hollers. And all of those are great places for bees,” he said.The collective has taught and distributed bee boxes to hundreds of West Virginians. They also harvest the sweet nectar for their participants and pay them for it.It’s really all in an effort to help rebuild some of the people in this state the world seems to have forgotten and connect them with the amazing natural resources this state has to offer.“I think the people of West Virginia are perhaps its most underappreciated resource, but its most valuable,” said Johnson. 2650
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