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Former Gov. Deval Patrick has decided not to run for president and plans to announce his decision soon, a source close to the Massachusetts Democrat tells CNN.Patrick, a two-term governor and close ally to former President Barack Obama, had been considering a 2020 run after entering the private sector and taking a job at Bain Capital in 2015. He had upped his political involvement ahead of the 2018 midterms -- endorsing candidates in South Carolina, Texas, New Jersey and a handful of other states -- leading many to believe he was going to jump into the race.Patrick, despite the speculation that he was going to run, had repeatedly acknowledged the enormity of the decision."It's on my radar screen," Patrick told a public radio station in Kansas City during the midterms, adding that "it's a huge decision.""I am trying to think through 2020," Patrick said. "And that's a decision I'm trying to think through from a personal and family point of view."Patrick also expressed concerns about standing out in what is expected to be a wide-open Democratic field."It's hard to see how you even get noticed in such a big, broad field without being shrill, sensational or a celebrity," Patrick told David Axelrod, a former top Obama adviser, in September. "And I'm none of those things and I'm never going to be any of those things."A spokesman for Patrick declined to comment on the governor's decision not to run for President, which was first reported by Politico.Patrick has been receiving private support from many of the same aides and advisers who helped Obama vault into the White House in 2008."Deval would make an outstanding President," Valerie Jarrett, Obama's former senior adviser, told the New Yorker in November. "President Obama and Deval are very much alike in terms of their core values, what drove them into public service, their willingness to lend a hand, the responsibility to give back." 1918
Fourteen ducklings were rescued by Suffolk County Police after they fell into a storm drain on Long Island Sunday morning.It happened around 9:20 a.m. when authorities received a 911 report about several ducklings that fell into a storm drain and the mother duck was waiting nearby in front of Napa Auto Parts in Bay Shore.Officers Jack Ward and Joseph Bianco responded and removed the grate covering the drain and were able to grab four ducklings, police said.The others retreated into the tunnel, becoming unreachable, according to police.Another officer responded to the scene and downloaded a duck-calling app, which attracted the ducklings to the sound, coming back into reach, said authorities.All but one of the remaining ducklings were retrieved.Another officer arrived and retrieved the last duckling with a net, said policeAll 14 ducklings were reunited with the mother duck. 893
For the second year in a row, US seniors will see increases in their Social Security checks starting in January.Recipients will get a 2.8 percent boost in 2019, higher than last year's 2 percent increase — which followed years of minimal changes in payments.The average payment for all retired workers will go up from ,422 to ,461 per month, or .The annual cost of living adjustment is pegged to inflation, which has been rising faster over the past year. The upcoming 2019 increase, which will cover 67 million Americans, is the largest since a 3.6 percent hike in 2012.The announcement from the Social Security Administration comes after the release of the Consumer Price Index for September, which shows a 2.3 percent increase in the cost of all items over the past year. The year-over-year increase in August was 2.7 percent.Lately, the largest component of rising costs has been housing, with low inventory and a re-emergence of first-time home buyers driving up prices. The CPI's measure of gas prices is also up 9.1 percent since last September.Senior advocacy groups hailed the increase but said it still wasn't enough to cover the living costs of older Americans.The Senior Citizens League, a group mostly comprised of retired military veterans, voiced a particular concern in a report released Thursday: that the 5 million Social Security recipients with the smallest monthly payments would effectively see no increase in 2019 after taking into account rising premiums for Medicare Part B, which are automatically deducted from Social Security Checks."We need to strengthen and expand Social Security with COLAs that reflect the real expenses seniors face," said Richard Fiesta, executive director of the Alliance for Retired Americans, which is supported by major labor unions.The group supports pegging cost-of-living increases instead to a measure of inflation specifically tailored to people older than age 62, which factors in higher healthcare costs. A bill has been introduced in the House to make that change and hasn't moved further. 2082
Forget about drones and armies of people driving Amazon trucks. One big Wall Street firm thinks Amazon's plan to build up its air freight delivery service may be what really winds up hurting UPS and FedEx.Morgan Stanley analyst Ravi Shanker said in a report Tuesday that both delivery giants could lose 10% of their revenue to Amazon Air by 2025. Shanker cut his price targets on UPS (UPS) and FedEx (FDX) and both stocks plunged more than 6% as a result.It was a particularly gruesome day for transportation stocks due to worries about the broader economy and confusion about the status of US-China trade talks.The Dow Jones Transportation Average, which includes FedEx and UPS as well as leading airlines, truckers and railroads, fell 4.4% -- its worst drop since June 2016.But Shanker paints a picture that should be extremely worrisome to UPS and FedEx.He notes that Amazon (AMZN), which currently is leasing 40 cargo jets, could eventually have 100 planes running and estimates that the planned Amazon Air routes could overlap with more than two-thirds of the volume flown by UPS and FedEx.That's bad news for both companies since Shanker said that UPS and FedEx each generate nearly 20% of their overall revenue from US air deliveries.Amazon has made big investments to bulk up Amazon Air. In the past few years, it has bought stakes in two freight delivery airlines -- Air Transport Services Group (ATSG) and Atlas Air Worldwide Holdings (AAWW).It also announced plans to invest .5 billion in order to build an Amazon Air hub on more than 900 acres of land that it is leasing near the Cincinnati/Northern Kentucky International Airport. Amazon bought an additional 210 acres earlier this year.There's a simple reason why Amazon will want to handle more of its own air deliveries. According to Shanker, Amazon could save between billion and billion next year. That works out to about 3% to 6% of its global shipping costs.But on a day when the broader market was tanking, investors didn't seem too enthusiastic about Shanker's thoughts on Amazon either. Shares of Amazon fell nearly 6%. 2113
FORT WORTH, Texas -- A baseball coach at Texas Wesleyan University who told a Colorado athlete that the university doesn't accept recruits from Colorado because of past issues with drug tests has been fired.University President Frederick Slabach said in a news conference Thursday morning that Mike Jeffcoat was fired because of the email he sent to the Colorado athlete as well as an unspecified NAIA rule violation."The comments Mike Jeffcoat made are in no way a reflection of our university or its values," Slabach said. "We do not tolerate discrimination."Because of an ongoing investigation, Slabach did not provide any details about the alleged rule violation, only saying it was related to the eligibility of players and not any kind of discrimination.Gavin Bell, a senior at Cherokee Trail High School in Aurora, expressed interest in attending Texas Wesleyan University in the Dallas-Fort Worth area and joining the school's baseball program, but was rejected in an email from Jeffcoat.That email read: "Thanks for the interest in our program. Unfortunately, we are not recruiting players from the state of Colorado. In the past, players have had trouble passing our drug test. We have made a decision to not take a chance on Student-athletes from your state. You can thank your liberal politicians. Best of Luck wherever you decide to play."Texas Wesleyan's baseball program currently has at least one member from Colorado on its roster. 1461