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Sumner Redstone, who built a media empire from his family’s drive-in movie chain, has died. He was 97. Redstone built his operations through aggressive acquisitions, but many headlines with his name focused on his severing ties with wives, actors and executives. In multiple interviews, he said he’d never die.His tight-fisted grip on the National Amusements theater chain, which controls both CBS Corp. and Viacom Inc. through voting stock, has been passed down to his daughter Shari Redstone, who battled top executives to re-merge the two entities that split in 2006. 578

Sunday night's episode of "The Simpsons" took on the controversy over a character, and not everyone thought the response was funny.Comedian Hari Kondabolu's documentary "The Problem with Apu" debuted last November and looked at the show's character Apu Nahasapeemapetilon as a negative, stereotypical representation of South Asians.Nahasapeemapetilon is an Indian-American character who operates the Kwik-E-Mart convenience store in the fictional town of Springfield. The character is voiced by actor Hank Azaria, who is not South Asian.In his doc, Kondabolu interviewed several big name celebrities of South Asian descent, including Aziz Ansari and Kal Penn, to discuss how characterizations like Apu can be viewed as a form of racism.On Sunday night's episode of "The Simpsons," mother Marge Simpson is seen reading a book to her daughter Lisa in which she refers to the heroine as a "cisgender girl" and tries to modernize the action.Lisa notes that the character as such is "already evolved" and "doesn't really have an emotional journey to complete," so as such there's "no point" to the book.Marge asks, "Well what am I supposed to do?" and Lisa's response was clearly meant to be one to the Apu controversy."It's hard to say. Something that started decades ago and was applauded and inoffensive is now politically incorrect. What can you do?" Lisa says before looking at a framed photograph of Apu on her nightstand which is inscribed with the message "Don't have a cow."The scene stirred some emotions on social media, with one person calling it a "completely toothless response."Kondabolu tweeted that he found the response to be "sad.""In 'The Problem with Apu,' I used Apu & The Simpsons as an entry point into a larger conversation about the representation of marginalized groups & why this is important," he also tweeted. "The Simpsons response tonight is not a jab at me, but at what many of us consider progress."CNN's W. Kamau Bell tweeted "The Simpsons, 1989 - 2018 #RIP.""I think the fact that they put this "argument" in the mouth of Lisa's character, the character who usually champions the underdogs and is supposed to be the most thoughtful and liberal, is what makes this the most ridiculous (as in worthy of ridicule) and toothless response," Bell tweeted.But some found it much Apu about nothing, pointing out that "The Simpsons" make fun of everyone.In 2015, Azaria talked about voicing Apu as part of the Emmy TV Legends series.He said he understood some of the criticism given that 25 years ago when "The Simpsons" premiered Apu "was the only Indian character in pop culture really.""Now ... if you are a young Indian-American person you have a lot of role models to choose from," Azaria said. "So Apu can just be one funny one."  2779

Starbucks will take a time-out to work on re-training it's workers on racial bias, but the family of the man killed outside a Starbucks in Milwaukee Wisconsin was critical of the coffee company's decision.Starbucks will close all 8,000 stores for a day on May 29 after a Starbucks worker in Philadelphia called police accusing two black men of loitering in the store. Their arrest is now a viral video.But the family of Dontre Hamilton, who was shot and killed after a Starbucks employee called the police on him for sleeping on a bench, says it is a familiar over-reaction by someone who works for Starbucks."We feel Starbucks was partly responsible for calling on an individual who wasn't bothering anyone that day in this park," said Nate Hamilton, the brother of Dontre Hamilton.After Dontre Hamilton's death on April 30, 2014, there were protests both inside and outside the Starbucks. The then Starbucks CEO met with the Hamilton family privately, they say to talk about race and Starbucks."They should have started retraining their employees then," said Nate Hamilton.Others in Milwaukee agree Starbucks is not the only company that needs to work on racial profiling."If I go somewhere and I am not the dominant color, to put it the roughest way possible, then someone's looking, double checking," said northwest side resident Patrice Green.Cornelius McClendon and Lindzy Crawford say as Marquette students they had to be careful how they acted and it hasn't changed."Whether I was at a department store, whether I was walking down the street, we kind of set our own rules where we don't wear hoodies, you don't wear sweatpants. You never want to fit the profile because the profile is fairly vague," said McClendon.But Dontre Hamilton's mom is not optimistic retraining is the answer."No one can be trained to not have that particular type of racism embedded in them. That's a waste of time. You can't untrain hate," said Maria Hamilton. 1958

Tens of thousands of people turn to Google every month to see if now is the time to invest. It’s a loaded question, especially this year: In late February 2020, the S&P 500 began a monthlong decline, finding what investors hope was the pandemic floor on March 23.Historically, it has taken an average of about two years for the market to recover from a crash; this time, it bounced back in just 149 days. By the end of August, the index was once again hitting record highs.Stranger still, this unprecedented recovery came amid dour headlines, with U.S. unemployment hitting an all-time high in April and remaining above 10% through July.Between the stock market’s erratic behavior and economic uncertainty across the globe, investors are understandably wary. But that shouldn’t mean sitting out of the market.Understanding the Main Street-Wall Street disparityThe market’s recovery is clearly at odds with the U.S. economy. But a closer look shows this imbalance may not be as perplexing as it seems.The stock market reflects investor sentiment about the future, not what’s happening right now. While retail investors may be more inclined to buy and sell based on daily headlines, institutional investors are looking far ahead. And given the rapid market recovery (and the expectation of continued help from the Federal Reserve), it appears Wall Street isn’t spooked.The S&P 500 is also market cap-weighted, meaning larger companies will have a bigger impact on its performance (see how the S&P 500 works to learn more about this). The five largest companies in the index (Apple, Microsoft, Amazon, Facebook and Google’s parent company Alphabet) are in tech, an industry that hasn’t been hit as hard by COVID-19. The tech-driven recovery helped push the S&P 500 to its record high, despite the ongoing economic issues caused by the pandemic.And then there are the high hopes for an eventual vaccine. According to Robert M. Wyrick Jr., managing member and chief investment officer of Post Oak Private Wealth Advisors in Houston, investors may be betting on the belief that a coronavirus vaccine will be produced sooner rather than later. If and when a viable vaccine is broadly available, it’s likely to be a big driver of continued growth in the markets.“While this is likely already priced into the market to some degree, I would prefer not to be on the sidelines when this ultimately happens,” says Wyrick, whose firm specializes in advanced risk-managed investing.Timing the market vs. time in the marketAccording to Marguerita Cheng, a certified financial planner and CEO of Blue Ocean Global Wealth in Gaithersburg, Maryland, when you start investing isn’t as important as how long you stay invested. And that’s a maxim to remember in a pandemic, too.“The best way to build wealth is to stay invested, but I know that can be challenging,” Cheng says in an email interview.It’s easier if you invest only for long-term goals. Don’t invest money you may need in the next five years, as it’s highly possible the stock or mutual fund you purchase will drop in value in the short term. If you need those funds for a large purchase or emergency, you may have to sell your investment before it has a chance to bounce back, resulting in a loss.But if you’re investing for the long term, those short-term drops aren’t of much concern to you. It’s the compounding gains over time that will help you hit your retirement or long-term financial goals. (See how compounding gains work with this investment calculator.)The water’s fine, but wade in slowlyOne of the best strategies to remain calm and stay invested during periods of volatility is a technique known as dollar-cost averaging.Through this approach, you invest a specific dollar amount at regular intervals, say once or twice a month, rather than trying to time the market. In doing so, you’re buying in at various prices that, in theory, average out over time.Wyrick notes this is also an excellent strategy for first-time investors looking to enter the market during times of uncertainty.“It’s very difficult to time when to get into the market, and so there’s no time like the present,” Wyrick says. “I wouldn’t go all-in at once, but I think waiting around to see what happens to the economy or what happens to the market in the next three, six or nine months in most cases ends up being a fool’s errand.”So how, exactly, do you start dollar-cost averaging into the market? A common strategy is to pair this with stock funds, such as exchange-traded funds. ETFs bundle many different stocks together, letting you get exposure to all of them through a single investment. For example, if you were to invest in an S&P 500 ETF, you would have a stake in every company listed in the index. Rather than investing all your money in a few individual stocks, ETFs help you quickly build a well-diversified portfolio.To dollar-cost average you could set up automatic monthly (or weekly, or biweekly) investments into an ETF through your online brokerage account or retirement account. Through this approach, you would achieve the benefits of dollar-cost averaging and diversification, all through a hands-off strategy designed for building long-term wealth.More From NerdWallet5 Things to Know About Gold’s Record-Breaking RunNew Investors: Quit Stock-Picking and Do This, Expert Says6 Ways Your Investments Can Fund Racial JusticeChris Davis is a writer at NerdWallet. Email: cdavis@nerdwallet.com.The article In a Year of Uncertainty, Should You Still Buy Stocks? originally appeared on NerdWallet. 5570

Thanks for coming out this weekend y’all! Yesterday we added 1,372 ?@MillerLites? to my tab, bringing our grand total to 4,838. Shout out to all the bars, their staff, and those cheers-ing from afar! Whether this is goodbye or see you next year, I love you Chicago! #JonsTab pic.twitter.com/OTEIO2gOjc— Jon Lester (@JLester34) November 2, 2020 351

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