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Following our internal review of the incident in Central Park yesterday, we have made the decision to terminate the employee involved, effective immediately. We do not tolerate racism of any kind at Franklin Templeton.— Franklin Templeton (@FTI_US) May 26, 2020 274
FERGUSON, Mo. — Ferguson voters have elected Ella Jones as the city’s first black mayor as protests over police treatment of black communities roil the nation. Jones is a city council member and also will be first woman to lead the St. Louis suburb. The St. Louis Post-Dispatch reports that she beat a fellow council member in a non-partisan election for a three-year term that starts later this month. Incumbent James Knowles III could not run again due to term limits. Following the 2014 fatal police shooting of 18-year-old Michael Brown, protests thrust Ferguson into the national spotlight over issues of race and policing that remain the focus of protests following the death of George Floyd in Minneapolis last week. 735
How many things have you done using your internet today?If you're on your phone reading this article, that counts as one. Catching up with friends, checking social media, sending email, streaming Netflix; the list goes on.The point is, internet use has become intertwined with our every day lives. But for 141 million Americans, it’s not. And it's not by choice."This has been an issue even before COVID,” said Brena Smith, who manages a library system outside of Denver.Since so many of us have been stuck home because of the coronavirus, internet has gone from a nice accessory to a close necessity as so many parts of our lives have moved almost exclusively online. It has highlighted the struggle those 141 million Americans face."Broadband is like water and electricity now. You’ve got to have it,” said Gina Millsap, who serves as director of the Topeka and Shawnee County Library in Kansas.There are two major issues facing Americans when it comes to broadband accessibility. The first is location. In many rural parts of the country, building a broadband system can prove to be difficult. Part of that is topography, such as in mountainous regions, another is profitability, as it is not prudent for cable companies to invest money to build the network for small cities and neighborhoods where they might not generate much revenue.The second, and more widespread issue, is affordability, as three times as many urban Americans don’t have broadband access compared to rural Americans."U.S. broadband prices are among the most expensive in the world,” said Gigi Sohn, a distinguished fellow with the Benton Institute for Broadband and Society. "The median price is somewhere between and a month.”To help the government issued the Lifeline program, which first started in 1985 as a way to bring phone service to low-income households. Currently, it gives .25/month to low-income families to help with broadband service, but Sohn says that’s not enough. "The idea that the government has nothing to do with this magical service is a bunch of nonsense,” she said.In May, the House of Representatives introduced the HEROES Act. Along with a new round of stimulus checks and help to small businesses, the trillion stimulus bill would allocate /month for low-income families to spend on broadband services. Even though the bill passed the House by a narrow margin it is expected to face heavy opposition in the Senate.“For years when I would try and talk to folks about broadband internet access they would say, ‘yeah, Gigi, that’s important, but that’s not my core thing,'” said Sohn. “Now it’s everybody’s primary issue."Sohn says to solve the broadband issue the government needs to continue to invest, and not just during the pandemic, as a way to promote competition between the limited number of broadband providers in different regions around the country.“We need to solve it for good,” she said. 2931
For years, millennials have been called out for job hopping and always looking for the next best thing. So, what’s causing the job hop and what can companies do to retain their younger employees?Charlie Harding is the CEO of Let’s Roam and he’s a millennial. He says he knows what the 30-somethings are looking for when it comes to a job."If a company is rigid and inflexible, it allows employees to job hunt or job hop, especially millennials," he says.However, the job market is tight right now and it’s giving millennials the option to choose the job that’s right for them. That could be part of the reason why they are job hopping.“They have a ton of confidence that if they were to leave that it would be OK,” says Karen Policastro, with the international recruiting firm Robert Half. “And if they go somewhere and it didn’t work out, they could just go somewhere else.”Millennials are in the driver seat and want new and unique experiences.Policastro says there’s a lot of competition, and millennials are looking for bigger paychecks, work life balance, healthy company culture, potential for career growth and a manager that values them.“If they aren’t getting it where they are, they are quick to leave,” Policastro says.Seventy-five percent of employees ages 18 to 34 view job hopping as beneficial compared to 51 percent of workers 55 and older.“I think there is a stigma that there is a lack of trust and loyalty,” Harding explains. “But it’s really up to the company to build that trust and loyalty. If they are leaving, it’s not because of the employee; it’s because of the company."No matter the generation, Harding believes it’s fairly simple for companies to retain employees.“If you are able to make employees happy and have a strong leader and understand what they want and how you can help them accomplish their goals, then you can do that,” Harding says. 1888
House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer are set to meet with President Donald Trump for a second round of talks on infrastructure Wednesday — a meeting that will take place against the backdrop of rising tensions between Democrats and the White House over the administration's resistance to congressional investigations.Further complicating any effort to reach a deal, the President sent a letter to Pelosi and Schumer Tuesday evening asking them to take up the US-Mexico-Canada trade agreement before tackling infrastructure."Once Congress has passed USMCA, we should turn our attention to a bipartisan infrastructure package," Trump wrote.Congressional Democrats have expressed concerns over the trade deal and have called for changes to the agreement. As a result, the President's last-minute request threatens to derail the potential to strike a deal on infrastructure.The meeting has been expected to grapple with the thorny question of how to pay for a deal after Pelosi and Schumer announced at the end of last month's meeting with the President that Trump had agreed to a top-line price tag of trillion for infrastructure spending, but that they would need to meet again to discuss how to pay for the plan.In a joint statement later in the evening on Tuesday, Pelosi and Schumer made no mention of the trade agreement and instead focused on how to pay for an infrastructure deal, emphasizing that they expect Trump to come to the table with a proposal."On Wednesday, we look forward to hearing the President's plan for how to pay for this package," the top congressional Democratic leaders said."We told the President that we needed his ideas on funding," Schumer said at the conclusion of the initial meeting, adding, "Where does he propose that we can fund this because certainly in the Senate if we don't have him on board it will be very hard to get the Senate to go along."The President in his letter to Democratic congressional leaders on Tuesday wrote, "It would be helpful if you came to tomorrow's meeting with your infrastructure priorities and specifics regarding funding you would dedicate to each."Infrastructure could be a rare area of bipartisan cooperation given that both Democrats and the President have long talked about investing in the nation's crumbling infrastructure as a top priority. But the sticking point in any deal will be how to pay for it and it is possible that hopes for finding common ground could crumble this week if no agreement is reached during the second round of talks over a way to pay for infrastructure investment.The fact that hostilities between Democrats and the White House continue to escalate over congressional oversight efforts could make it more difficult to reach a compromise. Some House Democrats are calling for an impeachment inquiry as the administration blocks oversight efforts. Pelosi has argued in recent weeks that Trump is effectively building a case on his own for impeachment, but has also advocated for a cautious approach and worked to tamp down on impeachment talk on the Hill. The President and his allies, meanwhile, argue that Democrats are targeting him unfairly and out of purely partisan political motives.The meeting also comes as congressional leaders and the White House are attempting to negotiate a broader fiscal deal involving the debt limit and looming budget caps -- a set of talks that might need to be settled before it is possible for Democrats and the President to determine how to pay for any potential infrastructure deal.When Pelosi and Schumer return to the White House to talk infrastructure, they will again be joined by members of House and Senate Democratic leadership and congressional Democrats whose committees would be expected to play a role if a deal comes together.According to aides, the congressional Democrats who will attend in addition to Pelosi and Schumer are: House Democratic Majority Leader Steny Hoyer; House Democratic Majority Whip James Clyburn, who told CNN that he will be attending; Assistant Speaker Ben Ray Lujan; House Ways and Means Committee Chairman Richard Neal; House Transportation and Infrastructure Committee Chair Peter DeFazio; Senate Democratic Whip Dick Durbin; Assistant Senate Democratic Leader Patty Murray; Senate Democratic Chairwoman of Policy and Communications Committee Debbie Stabenow; Senate Finance Committee ranking member Ron Wyden and Senate Environment Public Works Committee ranking member Tom Carper. 4506