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The Mac Pro is expensive. Race cars are expensive. Recording equipment is expensive. Professional cameras are expensive. Professional kitchen stuff is expensive. Professional stuff is expensive.— Stan GORE-aczek (@stanhoraczek) December 10, 2019 257

The federal agency that oversees the financial condition of U.S. banks says it will offer voluntary early retirement to about 20% of its 5,800 employees.Agency officials say the early retirements could create a more highly skilled workforce with the goal of attracting employees with a new set of skills.The Federal Deposit Insurance Corp. announced the move Thursday, saying it isn’t designed to reduce its budget or the total size of the workforce. About 42% of the current workforce is eligible for retirement within five years, the FDIC says. A wave of potential retirements could sap the agency’s institutional knowledge, especially during a crisis, the FDIC’s inspector general said in a recent report.In addition, the FDIC plans to close a handful of field offices, and to relocate and consolidate others. No staff involved in examining banks will be affected, the agency says.“This program will enhance our agility, preparedness and technological transformation,” FDIC Chair Jelena McWilliams said in a statement. It’s part of the agency’s strategy to “further reduce layers of management and acquire new skill sets,” she said.Sen. Sherrod Brown of Ohio, the senior Democrat on the Senate Banking Committee, questioned the approach of phasing out veteran employees and said it could hurt the FDIC’s ability to deal with another financial crisis. “If the FDIC chair were interested in increasing the agency’s capability to respond to a crisis, she would be focused on hiring and training a new generation of workers, not encouraging experienced and senior staff to rush to the exit,” Brown said. “Let’s be clear –- no matter how Chair McWilliams tries to spin it, reducing FDIC’s workforce will make us less prepared for a financial downturn.”During the 2008-09 financial crisis and the following years, the FDIC closed hundreds of failed U.S. banks and transferred their loans and deposits to other, healthy banks. Bank failures reached a peak of 157 in 2010. With the new plan, the FDIC is looking build up its staff engaged in inspecting banks, and in specialized information technology, computer science and data management. Officials declined to estimate what portion of the employees being offered early retirement is expected to take it. They include executive managers as well as administrative staff at FDIC headquarters in Washington and in the field. The union representing FDIC employees said it’s concerned about employees having enough time to adequately assess their options and make informed decisions. Employees who accept the offer must leave by June 6. Under terms of the offer, most of the employees who choose to leave or retire will receive six months of salary.The union, the National Treasury Employees Union, said it will negotiate with the agency on the office closures and consolidations to prevent involuntary relocations of employees to another FDIC office and allow them to continue to inspect banks in their areas.“We also intend to closely examine the FDIC’s justification for these decisions, and our union will raise concerns if we feel the moves are unwarranted or harmful to FDIC’s ability to accomplish its mission,” NTEU President Tony Reardon said in a statement.In addition to monitoring the banks’ condition, the FDIC was established during the Great Depression to insure deposits of banks that fail. It guarantees deposits up to 0,000 per account. 3411

The Michigan mitten is always greeting visitors, even from space. NASA Astronaut Christina Koch captured an incredible photo from the International Space Station of the lower portion of Michigan lit up at night. She Tweeted the photo Wednesday from outer space. “Good evening, Michigan. The mitten waves back, even at night,” she wrote. Good evening, Michigan. The mitten waves back, even at night. 411

The massive storm system that killed several people from Texas to Mississippi is now barreling east, threatening to spawn tornadoes and other catastrophic weather from New England to the Gulf Coast.About 90 million people are under the gun for destructive weather Sunday, CNN meteorologist Haley Brink said.While Sunday's storms might not be as severe as the ones that battered the South on Saturday, they will hit far more people in heavily populated cities."New York, Washington DC and Atlanta all within the zone," CNN Meteorologist Derek Van Dam said.At least one tornado was reported Sunday morning in southeast Alabama, near Troy and Goshen, the National Weather Service's Birmingham office said."Heavy rainfall may hide this tornado. Do not wait to see or hear the tornado. Take cover now," the NWS office said."Flying debris will be dangerous to those caught without shelter. Mobile homes will be damaged or destroyed. Damage to roofs, windows, and vehicles will occur. Tree damage is likely."Not just tornadoesBut tornadoes aren't the only possible cause of destruction Sunday."Damaging winds and some hail are also associated with these storms pushing through the Southeast this morning," Brink said.The threat of severe weather will likely increase throughout the day, the National Weather Service's Storm Prediction Center said."Some storms may also produce large hail or torrential downpours resulting in localized flash flooding," the weather service tweeted.At least 3 children killed in this storm systemThe storm system's first two victims were two children in east Texas.The children, ages 3 and 8, were killed when a tree fell on a car. They were in the back seat with their parents in the front, Angelina County Sheriff's Department Capt. Alton Lenderman said.A preliminary damage survey showed an EF-3 tornado, with winds up to 140 mph, touched down in Robertson County, the 1907

The Erie County Sheriff's Office in Ohio have arrested a man accused of escaping a police cruiser after allegedly having sex in a hot tub. According to a police report, deputies responded to Kalahari Resorts around 8:15 p.m. Tuesday after a lifeguard reportedly caught a man and woman allegedly having intercourse in a hot tub.Security told deputies Kamden Mack, 25, became "irate" after being confronted by the lifeguard. Mack told deputies he did not know why security was evicting him, then swore at security officers, according to a report. Mack and the woman, Taylor Coats, 22, denied the accusations. Mack and Coats were told by deputies to gather their belongings and leave the property, according to the report. Sheriff's deputies left the pair with security and were getting to ready leave when they were informed that Mack and Coats tried running from security officers. Security officers captured Mack and held him on the ground when deputies arrived, according to the report. Deputies had to pull Mack into the back of a cruiser after he allegedly refused to go inside. After Mack was in the cruiser, one deputy attempted to locate Coats, while the other stayed with Mack. At this time, Mack was able to open the passenger door and started running toward the convention center, according to the report. Deputies eventually caught up to Mack and tackled him to the ground. He was then placed inside of a patrol vehicle with a working safety lock. Deputies arrested Coats after security found her in her hotel room. Mack was charged with felony escape, misdemeanor persistent disorderly conduct and criminal trespassing. Coats was charged with misdemeanor persistent disorderly conduct and criminal trespassing. 1734