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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
From Parkland to Pittsburgh, we all realize that these days a mass shooting can happen anywhere, at any time.If a shooter walked into your workplace, whether an office building, a school or a movie theater, would you know how to survive?They're words too many people have heard: "We have an active shooter. Stand by for further information."Jim Hardman is a Desert Storm US Army veteran and a former police officer who teaches survival classes.In an active shooting, he says everyone should know three keywords: run, hide, fight.First: Run.Hardman says wherever you are, always know where the exit is."I walk into a store or a new business," he said, "and ask myself where can I get out?"Hear gunshots? Hardman says run if you can, without running into gunfire."If I decide to run, I move with a purpose," he said. "I'm not just running through the center or a room to try to get away."Second: Hide.Hardman says to look for a spot that might stop bullets."I position myself to where I've got that filing cabinet, that copier, something that's heavy."Hardman says never try to reason with someone already shooting. Statistics show you cannot stop him at that point."Once that active killing starts, that rationalization is out the door."Obviously, your best bet is to escape. But if you can't get out, Hardman says the next thing to do is to start barricading the room you're in, putting heavy everything at the door to keep the shooter out."I might just grab an entire desk assembly, slide it over in front of the door, " he said. 1553
HENRICO COUNTY, Va. — Henrico Police are working to identify a woman who allegedly punched a teenage McDonald's employee in the face after the employee failed to put ketchup on her sandwich.The alleged assault took place at the White Oak McDonald's in eastern Henrico County.The victim's mom said that the woman approached her daughter and instigated a fight after she did not put ketchup on the woman's sandwich."She asked my daughter if she had a problem, and my daughter said, 'No, I have no problem,'" the victim's mother said. "And then the woman said, 'Oh we can take this outside.'"The woman then allegedly punched the McDonald's worker in the face.The woman was last seen wearing a tie-dyed shirt and sliders.Henrico Police are offering a cash reward for tips that lead to her arrest.This story was originally published by Jon Burkett on WTVR in Richmond, Virginia. 881
Georgia has taken a step toward stripping Delta of a tax break after the company cut ties with the NRA.A Republican-controlled state Senate committee on Wednesday removed an exemption for jet fuel from a tax bill under consideration. The exemption could save Delta tens of millions of dollars. The bill could go to the Senate floor as early as Thursday.If the full Senate agrees to the changes, the bill goes back to the House. If the House also approves the changes, the bill will go to Republican Governor Nathan Deal. 528
HONOLULU (AP) — As parents help their children navigate remote classes during the coronavirus pandemic, they’re more aware of what's being taught. And they've complained that racist, sexist and other concerning content has appeared in an online learning program called Acellus that's used nationwide. Some districts are reconsidering or getting rid of it. In Hawaii, parents have called out lessons saying Europeans “discovered” the islands and Grumpy from Snow White and the Seven Dwarves is a “woman hater.” The founder of Acellus calls the controversy an “organized attack." Experts say the scramble to keep classes running during the pandemic means vetting online curriculum may not have been as thorough as it should have been. 740