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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

HAMPTON, Va. – Slavery in the United States began in Hampton Roads at Fort Monroe in Virginia, once known as Point Comfort, where the first enslaved Africans arrived in 1619.Psychiatrists say the horrors slaves endured in America – severe physical and mental abuse – has a psychological impact on their descendants 401 years later.“Fearfulness, I think, is what's passed on, in addition to the trauma,” said nationally renowned psychiatrist Dr. Dion Metzger. “That fear gets instilled into children because parents are trying to protect their children.”A study in Brain Sciences suggests trauma can be passed down through generations. Their research found “an accumulating amount of evidence of an enduring effect of trauma exposure to be passed to offspring transgenerationally via the epigenetic inheritance mechanism of DNA methylation alterations and has the capacity to change the expression of genes and the metabolome.”Dr. Metzger said it is possible that Black people are experiencing post-traumatic stress disorder from what their ancestors endured.“Just because we didn't experience it, us learning about the history or even from family stories, it's the same thing,” she said.Metzger said the outcry in peaceful protests across the country can be therapeutic.“It's not going to be a quick fix, but us telling our stories is one big part of [healing],” said Dr. Metzger, who also encouraged therapy.“A lot of people think in order for you to suffer from PTSD, you have to be a victim,” said Dr. Metzger. “You can still have the same traumatic impact just from watching the video [of George Floyd’s death] and sometimes even greater if you identify with the person. So if you identify with the race of the person, you identify with their gender, you're more likely to have a trauma traumatic impact. So I always remind people that even if you were not there, but you’re watching that video, we're still counting that as a trauma. You watched a person die on camera, so we have to realize that that's traumatic.”This story was originally published by Jessica Larche at WTKR. 2090

FULTON COUNTY, Ind. -- The 24-year-old driver who struck and killed three kids while they crossed the street to board their school bus told police she saw the lights but didn't realize it was a bus until the kids were in front of her. Alyssa Shepherd was arrested at her place of employment Tuesday evening and charged with three counts of reckless homicide and one count of disregarding the stop arms on a school bus causing injury. Police say she was driving a Toyota Tacoma on State Road 25 around 7:30 a.m. when she "disregarded" the stop arm and lights on a stopped school bus in front of a mobile home park, striking four kids who were crossing the street to board the bus. Alivia Stahl, 9, and her twin brothers, Xzavier and Mason Ingle, 6, were all pronounced dead at the scene. Maverick Lowe, 11, was flown to Parkview Hospital in Ft. Wayne in critical condition with multiple broken bones and internal injuries. His family released a statement on Wednesday saying he is in stable condition and recovering. A probable cause hearing was recorded in Fulton County Superior Court on Tuesday where investigators and officers were interviewed following the crash as state police sought a warrant to arrest Shepherd. In that recorded hearing, Indiana State Police Detective Michelle Jumper recalled the information given to her by the bus driver, Shepherd and a witness that was behind Shepherd following the crash. The Bus DriverJumper said the bus driver said he had driven that same route for "a couple of years" and that he had stopped and activated his lights as he normally does in the morning before he waves the kids across the street to get on the bus. The bus driver told Jumper that he looked and saw the vehicle at a distance and waved the kids to cross the road because he figured there was no reason that the driver wouldn't stop. Jumper said the bus driver didn't realize the vehicle wasn't stopping until it was near his bus and he hit his horn at the last second, but there was nothing he could do. The Witness Driving Behind Alyssa ShepherdJumper said the witness told her she had been following the pickup truck in front of her for a while and was going about 55 miles per hour when she caught up to her. The driver said they went around the corner and she could tell there was a school bus stopped with all of its lights activated so she started to slow down. The driver told Jumper that she realized the truck in front of her was not slowing down as she saw the headlights illuminate the kids as they were crossing the road. Alyssa ShepherdShepherd told Jumper that she does not typically drive her husband to work, but that she had just dropped him off Tuesday morning and had three children in the back seat of the vehicle. Shepherd said she was not sure how fast she was going but that she is typically a "slow driver." She told Jumper that she was not late for anything that morning and that she was taking her little brother to her mother's house so that he could get ready for school. Jumper said Shepherd told her she came around the corner and saw the lights, but was not sure what they were and by the time she realized that it was a school bus the kids were right in front of her.  Shepherd is the children's director at Faith Outreach Center, a Foursquare Gospel Church in Rochester, Ind. Rev. Terry Baldwin said Wednesday that they are "Fervently praying for the family suffering this tremendous loss and everyone who has experienced this tragedy."Shepherd was released Tuesday evening on a ,000 bond. Her next court date has not been scheduled at this time.  3716

Government watchdogs say President Trump’s Fourth of July gala in the nation’s capital last year cost taxpayers more than million, twice as much as previous celebrations. Each year, the nation's capital hosts Independence Day celebrations; a parade, concert, fireworks and, in 2019, "A Salute to America." Trump’s desire to have Department of Defense military vehicles participate last year helped drive up the cost, according to the Government Accountability Office. The president’s attendance also increased expenses. The report says that some other costs, such as for military flyovers of the National Mall, aren't included in the estimate. Trump’s military-focused Independence Day event went beyond the traditional concert and fireworks of years past. The GAO estimated that holiday celebrations from 2016 to 2018 cost from million to million annually. 875

Here's what's making headlines in the political world Saturday, May 5, 2018.NYT: Trump knew about Stormy Daniels payment before denial-- President Trump knew about a 0,000 payment to adult film actress Stephanie Clifford, whose stage name is Stormy Daniels, before denying any knowledge of the payment last month, according to a New York Times report.Michael Cohen, the president's personal lawyer, made the payment in October 2016 just before the president won the 2016 election. President Trump has denied knowing anything about the payment to keep the alleged affair between him and Clifford under wraps.Last month, while aboard Air Force One, President Trump told reporters he knew nothing about the payment. This week, however, new Trump team lawyer Rudy Giuliani said the president had reimbursed Cohen for the payment.The president has continued to deny knowledge of the payment.Read more.Trump reassures NRA: "We will protect your Second Amendment"-- President Trump reassured a packed house at an annual meeting of National Rifle Association members, "your Second Amendment rights are under siege, but they will never ever be under siege as long as I am your president."Just returned home to the beautiful White House, from Dallas, where the Arena was packed to the rafters with the great fans and supporters of the @NRA. It was so wonderful to be there!— Donald J. Trump (@realDonaldTrump) May 5, 2018 1442