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General Electric is cutting its stock dividend for only the second time since the Great Depression.The company announced Monday that it will cut the dividend from 24 cents to 12 cents per share.GE is one of America's most widely held stocks, and countless shareholders, including retirees, rely on the dividend payments. But the company is under enormous pressure to restore investor confidence. The stock has lost a third of its value this year.The company also cut its dividend in 2009, during the Great Recession. But dividend cuts are rare these days. Many companies are increasing them because the U.S. economy is healthy and the stock market is booming.GE plans an update for investors Monday morning and is expected to detail a strategy to stabilize the company by slashing costs and selling more businesses.It has already gotten rid of its real estate portfolio, its dishwasher and appliance business, and media properties NBC and Universal Studios. More recently, it unloaded its water business and a unit that makes electrical equipment for utilities.Even the light bulb division is up for sale as part of GE's mission to focus on being a modern industrial company that sells things like jet engines, power plants and MRI machines.GE confirmed on Friday that job cuts, some of which have begun, are part of a previously announced plan to cut costs by billion. 1386
Home Depot and Lowe's are lending a helping hand to the next generation of construction workers. Right now there are about 158,000 unfilled construction jobs in the U.S and both home improvement stores plan on training thousands of people for free.Home Depot announced it is committing million to skilled trades training to those who need it the most. It is bringing shop class back for the next ten years. The trade skills are for jobs like plumbers, electricians and carpenters just to name a few.The training program at Home Depot will be offered to veterans and underserved high schoolers nationwide, and you don't have to work for Home Depot.As for Lowe's, its training program is called “Track to the Trades” and it’s for current employees.The program will offer employees financial assistance to pursue certifications for trade skills and receive additional academic coaching. Plus, it will help people get full-time positions at Lowe’s if they want to stick around.If you’re looking for a part-time job right now, Lowe's and Home Depot are currently hiring more than 130,000 people this spring. 1124

Glen “Big Baby” Davis, former NBA player best known for his role on the 2008 championship Boston Celtics, was arrested at a Hampton Inn in Aberdeen, Maryland last month.According to court records, the hotel owner smelled marijuana coming from Davis' room on February 7th.When the owner knocked on room 208, someone inside the room told him to “F--- off!”Aberdeen police then responded to the hotel and Davis gave signed consent to search his room"They recovered 126 grams of marijuana,” said Aberdeen Police Lieutenant William Reiber, “In addition to that there was a brief case that contained ,164 of U.S. currency along with a ledger that contained language which is consistent with someone involved in the sale and distribution of narcotics."The ledger was of names of people of who owed money along with baggies for individual packaging of a quarter pound of marijuana.The strains were called "Sour D" and "Berry," all from a Los Angeles wholesaler court records show Davis told police he was in business with.It all resulted Davis’ arrest followed by an indictment weeks later on seven counts of drug possession and distribution.Aberdeen Police say it was during the booking process when it became apparent who Davis is in the sports world.He told officers he was in Harford County, Maryland visiting family."There was a statement that was made about the purpose of the trip but at the end of the day we don't know exactly,” Lt. Reiber said, “There was an investigation, it is still ongoing. It is still making its way through the justice system "Davis' attorney, who could not do an on-camera interview about this case said that Mr. Davis adamantly maintains his innocence and looks forward to his day in court to clear his good name. Glen “Big Baby” Davis is due in a Bel Air courtroom early next month. 1836
GARDEN GROVE (AP/CNS) - Mexican authorities say a United States couple missing for a week in Tijuana have been found buried on the property of one of their homes in Tijuana.Baja California state prosecutor Hirán Sánchez said Friday that the bodies of María Teresa López and Jesús Rubén López were discovered with the help of cadaver dogs. Authorities said they have arrested and charged the couple's son-in-law. Officials say the preliminary investigation suggests the motive was a monetary dispute over rent payments. The couple had crossed the border to collect rent payments for apartments they own in Tijuana."I don't have confirmation these are our victims,'' Garden Grove Police Department Lt. Carl Whitney said. "[Tijuana investigators] have not talked to our detectives."Investigators in Mexico have been tight-lipped about the investigation. But Whitney said he has seen reports from Mexican news sources that during the execution of a search warrant on the couple's property Friday, they found the bodies buried in a patio or courtyard area.Lopez and Guillen drove a pickup to Tijuana last Friday to collect rent from tenants at properties in Mexico, Whitney said.The two were due back last Friday afternoon, but when their daughter could not get in touch with them, she called police about 7:10 p.m. last Friday, he said.The daughter was tracking the two through a "find my phone'' online service for iPhones, and it showed that the couple was still at their Tijuana property, but a relative there said they weren't around, Whitney said. Then the phone went dead and she could not track them anymore, he said.The pickup was found near their property, he said. 1678
Hillary Clinton said Tuesday that President Donald Trump staged a "political rally" at Supreme Court Justice Brett Kavanaugh's ceremonial swearing-in that "further undermined the image and integrity of the court.""What was done last night in the White House was a political rally. It further undermined the image and integrity of the court," Clinton, Trump's Democratic 2016 election opponent, told CNN's Christiane Amanpour in an exclusive interview."And that troubles me greatly. It saddens me. Because our judicial system has been viewed as one of the main pillars of our constitutional government. So I don't know how people are going to react to it. I think, given our divides, it will pretty much fall predictably between those who are for and those who are against," Clinton said. 795
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