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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
Hours after a man was charged in connection with Hania Aguilar's kidnapping and killing, the popular North Carolina teenager was remembered Saturday as a loving daughter and friend during a funeral service at her middle school's gymnasium.Hundreds gathered around Hania's white casket at Lumberton Junior High School, where her mother, Celsa Maribel Hernandez, recalled the last time she held her hand. Moments later, as Christina Perri's "A Thousand Years" began to play, she remembered the many times they cried together while listening to Hania's favorite song.A letter was read from the 13-year-old's father, Noé Aguilar, who was denied a temporary visa to travel from Guatemala for her funeral."You were and you are my treasure," he wrote. "Rest in peace daughter, my gorgeous princess. ... You were gone before me, my gorgeous princess." 851

Gun policy has been a longtime devise topic but not usually a top issue among Latino voters. That is until this election.A recent research study found 7 out of 10 Latinos voters want stricter gun policy.In El Paso, Texas, a mass shooting that left 23 people dead and several injured has caused people to pay closer attention to gun policy and take a stance.On Monday, we ran into Adrian Loera at Sportsman Elite. Loera was at the gun store practicing shooting his gun at the range.“You never know when something is going to happen,” he said. “That is one of the reasons why I got my handgun license, because of the events that happened here last year.”Loera is referring to August 3, 2019, when a gunman drove hundreds of miles to an El Paso Walmart, with the sole purpose of killing Latinos.Last year's shooting changed a lot for El Paso. It robbed the community of a sense of security they once felt. Loera says he never thought about owning a gun before and now not only does he own a gun, he wants to make sure no one takes away his right to do so. His new beliefs would influence his vote this coming election.While Loera’s views on gun policy have changed, the same horrible event had quite the opposite impact on Miranda Escobar Gregory. As she stands in front of the newly erected memorial for all 23 of the victims, she recalls the paralyzing fear she felt the day of the shooting. She says the entire city was locked down for hours.“It’s not a need to have a giant machine gun or semi-automatic gun when you are just playing it safe,” said Escobar Gregory.She wants assault-style guns to be banned at the federal level and a mental health screening as part of the purchasing process. In Texas, you can buy a gun as long as you pass a criminal background check.Critics of a more restrictive purchasing process say there are other tactics that should be considered.“Another law preventing or trying to prevent law abiding citizens from getting access wouldn’t have changed the outcome of that day,” said Richard Garcia, the director of training at Sportsman Elite.Garcia says he is a proponent of decreasing all types of violence but feels as a nation, we need to get to the core issue of why these things keep on happening.“I think we should be moving towards the actual root of the problem, which does back to the individual. What can we learn from the person who did this so we can prevent something like this from happening in the future,” said Garcia.Garcia says conversations need to be had and arguments need to be worked through so that we can come to a compromise on how to best address the issue.“I know there is no such thing as a perfect compromise, but that is what the laws in the books are for,” said Garcia.Escobar Gregory says she will continue to fight for stricter gun policies and vote for those who will support her wishes. Meantime, people like Loera, who fear his right to own a gun might get a little more difficult, are rushing to get a license to carry and purchase a firearm. 3018
Hank Azaria says his "eyes have been opened" and he's willing to "step aside" from playing his controversial "Simpsons" character.The actor appeared on Tuesday's episode of "The Late Show with Stephen Colbert" and talked about the fallout surrounding the character he voices, Apu Nahasapeemapetilon.Comedian Hari Kondabolu's documentary "The Problem with Apu" debuted last November and looked at the character as a negative, stereotypical representation of South Asians.Nahasapeemapetilon, a Indian-American character with a thick accent, operates the Kwik-E-Mart convenience store in the fictional town of Springfield. The show recently aired a response to complaints about him.Writers had the character of Lisa Simpson respond to a question from her mother Marge by saying, "Something that started decades ago and was applauded and inoffensive is now politically incorrect. What can you do?" before Lisa glanced at a framed photograph of Apu on her nightstand, which was inscribed with the message "Don't have a cow."The scene generated further complaints from viewers.Azaria voices multiple characters on the show, including Moe Szyslak and Chief Wiggum. He told Colbert he just wanted to be funny."The idea that anybody, young or old, past or present was bullied or teased based on the character of Apu, it just really makes me sad," Azaria said. "It was certainly not my intention. I wanted to spread laughter and joy with this character and the idea that it's brought pain and suffering in any way, that it was used to marginalize people, it's upsetting."The actor told Colbert he had nothing to do with the show's response, given that Apu doesn't speak during the episode. Azaria said he did not agree with the show's response to the controversy.Azaria said he's given a great deal of thought to how to proceed and believes "the most important thing is to listen to South Asian people, Indian people in this country when they talk about what they feel and how they think about this character."He also called for more inclusion in "The Simpson's" writing room -- even if that means he no longer voices Apu."I really want to see Indian, South Asian writer, writers in the room, not in a token way but genuinely informing whatever new direction this character may take, including how it is voiced or not voiced," Azaria said. "I'm perfectly willing and happy to step aside or help transition it into something new. I really hope that's what 'The Simpsons' does and it not only makes sense, but it just feels like the right thing to do to me."CNN has reached out to "The Simpsons" for comment. 2604
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
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