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Cheese Importers is a business that will directly feel the impacts of the cheese tariffs recently imposed on the European Union. “We started in 1976 out of our family home with six packs of cheeses from Wisconsin,” Cheese Importers Co-Owner Clara White said. From olives and pastries to European home goods, its main attraction is in the name. Cheese Importers offers a selection of 350 imported cheeses – most of them are from Europe. “Countries like Italy, Portugal, Spain, France,” said Sascha Stanger, the Vice President of Sales, Marketing and Purchasing at Cheese Importers. It’s a popular spot for cheese lovers. However, prices are about to go up as cheeses of all types and flavors because the European Union has just been hit with an import tariff. "Really, it is impacting people negatively,” White said. White and Stanger say certain cheese prices are subject to a potential 25% increase. “[Cheeses like] Parmesan-Reggiano from Italy, Grana Padano from Italy, Buffalo Mozzarella from Italy,” Stanger said. “One of the items that will definitely be subject to change is Manchego from Spain.” The team says they haven’t felt a huge impact yet, but they’re anticipating a potential hit to their bottom-line. Therefore, they’re looking for alternative solutions to save money. “We buy directly from our sources in importing, but in the meantime – just to figure out how to put ourselves in a position of strength as what everyone is doing – we’d reach out to all of our importer partners across the united states and see what they would sell to us at the better price point,” White said. Truth is, European cheese is what the business is known for. Inevitably, customers will have to pay more. “You either have to pass it on, or you have to absorb it. And there’s not much room to absorb it. In fact, there’s no room to absorb it,” White said. Distinguished economics professor Dr. Kishore Kulkarni with MSU Denver says there are multiple reasons the current administration could be imposing tariffs on goods from Europe. It's a way for the U.S. to generate more tax revenue. Tariffs are also a way to punish foreign exporters if the government believes a certain country is not playing on a level field. In the context of cheese, Dr. Kulkarni says it's likely the federal government is hoping the tariffs will help U.S. cheese producers earn more money. “As we raise the taxes on the European imports, then the domestic cheese producers like it, because the price of imported cheese goes up, and then the domestic cheese producers can obviously raise their prices a little bit, and then their competition is stopped by this tax,” Dr. Kulkarni said. However, in his opinion, tariffs are never beneficial for the economy as a whole. “40 years of economics training has been telling me that the penalty that consumers pay, is much higher than the benefits that domestic producers get,” Dr. Kulkarni said. When one country imposes a tariff, the other country is likely to retaliate. “Then it just becomes a trade war, and this is a war where nobody wins,” Dr. Kulkarni said. It's a war where the consumer is punished too. “The fact is that the cost of a tariff gets passed along to consumers,” Cheese Importers customer Steve Pittman said. Ultimately, Cheese Importers hopes the tariffs will be lifted. However, in the coming months, they plan to continue in good spirits providing their customers with the specialty cheeses they’ve grown to love.“We do the very best we can with a lot of integrity and a lot of heart and soul and tighten our belts where we can and just try to be a good contributor in the world,” White said. 3652
MINNEAPOLIS, Minn. – The former Minneapolis police officer seen kneeling on George Floyd’s neck before his death has now been charged with the man's murder. Hennepin County Attorney Mike Freeman announced Friday afternoon that ex-officer Derek Chauvin has been taken into custody and charged with 3rd degree murder, as well as manslaughter.Watch Freeman announce the charges against Chauvin in the press conference below:Chauvin is one of four officers who have been fired from the Minneapolis Police Department for their alleged role in Floyd’s death. Freeman said he expects charges to be filed against the other officers as well, but his team felt it was "appropriate to focus on the most dangerous perpetrator." Chauvin’s arrest comes less than a day after Freeman and other officials asked the public to give them time to make a charging decision in the case. During the Thursday press conference, Freeman actually told reporters, “There is other evidence that doesn’t support a criminal charge.” Now, Freeman says his team has enough evidence to charge.“We have now been able to put together the evidence that we need. Even as late as yesterday afternoon, we didn’t have all that we needed. We have now found it and have felt a responsibility to charge this as soon as possible," Freeman said Friday.Below is the criminal complaint filed against Chauvin: 1376

Video of a man shooting a flamethrower on top of an MTA bus has sparked an NYPD investigation, police said Tuesday.The incident happened on Nov. 8 around 5:30 p.m. in Brooklyn, according to the NYPD.The wild video shows a shirtless man jumping from the top of an ice cream truck onto an MTA bus that had just pulled up alongside it. The man then shoots the flamethrower, spraying flames into the sky and onto the ground before jumping onto the street, the video shows. Brooklyn is LIT #whatisnewyork pic.twitter.com/XNLNmaC01v— WhatIsNewYork (@whatisny) November 17, 2020 The video appears to have been part of the filming of a music video by a rapper called Dupree G.O.D, according to his Instagram account.Another video posted to Dupree G.O.D’s Instagram shows the same incident from above, possibly filmed by a drone.“We shut Franklin Avenue down. With amazing energy. We are in this together. We the illest. Video coming,” part of the caption said.Police were called to the scene but officers who arrived found no evidence of fire and could not find any witnesses, according to the NYPD.Police said they were made aware of the video after it was posted on social media Tuesday.A police spokesperson called the video shoot "impromptu and illegal," adding that the NYPD was not aware of any permits for the shoot. The NYPD is also investigating possible drone use in the video shoot.The MTA said 25 passengers were on the B26 bus when the man jumped onto the roof. No injuries were reported.The bus was discharged at the following stop and passengers were transferred to another bus, the MTA said.“We don’t even need to say how absurd, dangerous and just plain stupid this was. The reckless individual who torched over the top of an occupied bus put New Yorkers, including the bus operator, in life-threatening peril,” the MTA said in a statement Tuesday. “We are grateful the courageous actions of the operator in moving riders to safety minimized risk, and are cooperating fully with the NYPD investigation.” This article was written by Lauren Cook for WPIX. 2092
"It's weird being a 16 year old these days," Reid Sotkin said. You could say Sotkin is just your average kid. He's a junior at Jenks High School who likes to hang out with friends. And oh, by the way, he's an investment guru."I just googled what books Warren Buffet recommended and that's kind of how I got my start," Sotkin said.One of his favorite books?"Actually this book right here," he said. "'The Intelligent Investor' taught me quite a bit."Sotkin is so passionate about investing, he's become a source of advice for friends young and old."I started investing myself and then all my friends started asking me what they should invest into and stuff," he said.Now, he's combining his love of investing and his passion for coding to develop an app to teach people how to invest wisely."There's a feature on the app where you put in your salary and how long until you retire, all your bills and everything," Sotkin said. Sotkin's app, "Calculating The Future," is an award winning app."It tells you how much you have to put in each month into each of them and it tells you how much money you'll have when you retire," he said. Sotkin appeared before a panel of judges on a Zoom call, answered all kinds of questions, and won the 2020 Congressional App Challenge."I guess they just chose me to win and then Congressman Hern gave me a phone call one afternoon. Yeah, I was pretty surprised," he said. Sotkin puts his money where his mouth is. He plans on living comfortably. So, he's investing now."I do a couple hundred dollars every month," Sotkin said. "So, I just do that so that way I'll have a couple million dollars by the time I retire just sitting in the background."During our Zoom interview, I just couldn't resist getting some advice about my own investment advisor, 2 Works For You's Chief Meteorologist Mike Collier."He's kind of been giving me some stock tips and they've been kind of terrible," I said as Sotkin laughed. "So, give Mike some advice on how he should invest in the stock market.""Basically, unless you're very smart and spending a lot of time, you're not going to beat the market," Sotkin said.Sotkin said he likes the S&P500. It represents 500 very reliable companies."That's gone up an average of 9.8% since its inception," Sotkin said. "That's the way to go. Just put it in index funds and let it accumulate over 30, 40, 50 years."The future is looking bright for this young entrepreneur and it could be for you, too. Sotkin said it's all about starting early, being consistent, and taking advantage of compound interest."Do you mind if I ask about your net worth right now," I asked."Yeah, but ah... I don't want to say right now," he answered.This story originally reported by Mike Brooks on KJRH.com. 2763
Five-year-old Cameron Middleton lives and breathes the sport of golf, and his dedication just paid off again. He got his second hole-in-one, and delightfully, every moment of it was caught on camera.Middleton appeared to feel confident about the shot moments after he teed off at the hole at Stoneybrook Golf Club. Then, with squeals of excitement, he raced down to the green and peered in the hole, as the camera panned to show his ball in the cup. The smiles and shouts rounded out the story. View this post on Instagram Hole in One!!!! I did it.....my second hole in one before I even turn 6 years old ??????♂? VOLUME UP, you’re not going to want to miss this one A post shared by Cameron | Golfer & Trickshoter (@cameronlovesgolf) on Oct 15, 2020 at 1:39pm PDT RELATED: 5-year-old Florida golfer perfects trick shots during stay-at-home orderThis the second time the dedicated golfer has hit a hole-in-one and he hasn't even reached his sixth birthday.Middleton's parents encourage his passion and allow him to do creative trick-shots all over the house. This story originally reported by Ashleigh Walters on WPTV.com. 1181
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