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Take a peak into Jamya Wiley's world."I'm a varsity cheerleader, I'm on the varsity track team, varsity cross country team, I'm in the national honor society," Wiley said. At 17-years-old, the shy but joyful teenager is on a mission."College is really expensive," she said.From an early age Jamya decided to hit the books and now her years of hard work and weighted 6.1 GPA are paying off.The Fort Pierce, Florida teen has earned more than million in scholarships."It was amazing to know that I was that, I was the top person, that I got the most amount of scholarships out of any student that ever attended Lincoln Park," she told Scripps station WPTV in West Palm Beach, Florida. Jamya said she knew success was in her future, but others couldn't always see it."At honor roll ceremonies, or things where I would get awards, people would come up to me and say, 'wow'. I would appreciate it, but it was kind of like they didn't expect it or it's uncommon," she said. The million in scholarships won't make Jamya take it easy. The Lincoln Park Academy student said she's setting new goals."That all and all encourages me to just do my best and encourage other kids that look like me to do their best so that we can change the story," she said. Jamya has five colleges on her final list and she expects to choose one this weekend. She also recently found out she won the Bill and Melinda Gates full ride scholarship. 1479
Stocks fell sharply Monday, dragged down by reports of trouble at Apple and Facebook.The Dow closed down 396 points and the Nasdaq tumbled 3%.Facebook stock fell nearly 6% as the company continues to deal with the fallout from a New York Times article that detailed Facebook's reaction to political scrutiny and its Cambridge Analytica scandal. CEO Mark Zuckerberg has reportedly adopted a more aggressive, "war"-like style, according to the Wall Street Journal.Alphabet was also down 4%. It is now down 20% from its peak in July, placing it in bear market territory.Early in the day, stocks fell on news that Apple's newest line of phones may not be selling as well as Apple or its investors had hoped.Apple's stock fell once more after the Wall Street Journal reported that Apple has cut orders for its iPhone XR, iPhone XS and iPhone XS Max.The new iPhones, which Apple unveiled in September, cost more than previous versions. The 9 iPhone XR is the least expensive new iPhone, but it costs more than last year's cheapest model, the iPhone 8.The iPhone XS Max can cost up to ,449. The higher prices -- without many more features -- could be driving customers to keep their current phones longer or buy last year's models.Apple declined to comment about the Journal story or broader concerns about iPhone demand.Shares of Apple fell 5% and have now plunged about 20% from the all-time high it hit a few months ago, when Apple (AAPL) was worth more than trillion.The stock ended a 5-day losing skid on Friday after an analyst at Morgan Stanley suggested that the supplier concerns are overdone.Apple, which is a member of the Dow, was hurting the blue chips too.Several makers of chips and other components used in iPhones have warned of soft sales and profit in recent weeks, citing sluggish demand for higher-end smartphones.To that end, shares of Apple suppliers, such as Qorvo (QRVO), Broadcom (AVGO), Cirrus Logic (CRUS) and even Apple's key Anrdoid phone rival Samsung were all lower Monday too. Samsung also makes chips for iPhones.Investors have other reasons to be concerned about the future of Apple -— as well as other big tech companies for that matter.Apple CEO Tim Cook said on the "Axios on HBO" show Sunday that he expects Washington to crack down on tech firms in the wake of high-profile privacy scandals, such as the Cambridge Analytica problems that have plagued Facebook (FB)."I am not a big fan of regulation," Cook said to Axios on HBO. "I'm a big believer in the free market. But we have to admit when the free market is not working. And it hasn't worked here. I think it's inevitable that there will be some level of regulation."HBO, like CNN, is part of WarnerMedia, which is owned by AT&T (T). 2745
Tesla says Tuesday it wants to raise up to billion in capital through a stock offering. The move came the same day that CEO Elon Musk said he has moved from California to Texas. The stock offering is the second for the company in three months. In September Tesla said that it planned to sell up to billion worth of common shares just one day after its 5-for-1 stock split took effect.According to the Associated Press, 10 different brokerage houses will sell the stock offerings, and each will get up to a 0.25% commission. Musk told The Wall Street Journal in an interview that he has switched states, saying that California is complacent with innovators and has taken them for granted.According to the AP, earlier this year, Musk threatened to relocate Tesla’s Palo Alto, California, headquarters and future manufacturing to Texas over a spate with county officials on whether Tesla’s San Francisco Bay Area factory should stay closed due to coronavirus restrictions.Next year, Tesla is scheduled to roll out its new “Cybertruck” pickup and a semi. 1064
Sunbeam Products has issued a voluntary recall of more than 940,000 Crock-Pot multi-cookers in the United States and Canada due to a burn hazard.According to the Consumer Product Safety Commission (CPSC) recall notice, the Crock-Pot? 6-Quart Express Crock Multi-Cookers, model number SCCPPC600-V1, were sold at Walmart, Target, Amazon, and other online and nationwide retailers from July 2017 through Nov. 2020 for between to 0.According to the website, the recalled product can pressurize when the lid is not fully locked, which can "cause the lid to suddenly detach while the product is in use, posing burn risks to consumers from hot food and liquids ejected from the product."Sunbeam, which owns Crock-Pot, recalled 914,430 affected products in the U.S., along with another 28,330 cookers in Canada, after receiving "119 reports of lid detachment, resulting in 99 burn injuries ranging in severity from first-degree to third-degree burns," the CPSC stated.Sunbeam manufactured the multi-cookers between July 1, 2017, and October 1, 2018.The notice says date codes K196JN through K365JN and L001JN through L273JN are engraved on a prong of the electrical plugs and the bottom of the base.Consumers should stop using the recalled product in pressure cooker mode immediately. Still, they can continue to use it for slow cooking and sautéing and contact Crock-Pot to receive a free lid replacement."Consumers who continue using the multi-cooker in pressure cooker mode while waiting for the replacement lid should be certain the lid is securely turned to the fully locked position by aligning the arrow on the lid with the lock symbol on the base," the notice said. 1680
The 2020 election will be by far the most expensive campaign ever run, according to the election finance organization Center for Responsible Politics. The organization said this week that this year’s federal election will cost billion, nearly double from the amount spent last year.Spending on the presidential election alone is projected to be .6 billion, with over billion being spent in House and Senate races.Open Secrets says Joe Biden is set to become the first presidential candidate to ever raise billion, and that figure does not include money spent by PACs.Fueling the cost of this year’s election, billionaires Tom Steyer and Michael Bloomberg pumped .4 billion into the primary race. All told, Democrats have spent nearly billion so far, which is about billion more than Republicans.A plurality of the fundraising, some 41%, comes from large donors. Small-level donors make up 22% of campaign contributions.“Donors poured record amounts of money into the 2018 midterms, and 2020 appears to be a continuation of that trend — but magnified,” said Sheila Krumholz, executive director of the Center for Responsive Politics. “Ten years ago, a billion-dollar presidential candidate would have been difficult to imagine. This cycle, we’re likely to see two.”While individual donations are capped, funds to PACs are not. The highest-contributing individuals in this year’s election are Sheldon Adelson and his wife Miriam who have spent 3 billion. The Adelson’s sent million to pro-Trump super PAC Preserve America.Democrats have benefited from Bloomberg’s generosity. The former presidential candidate has spent 7 million on Democrats, including million to help Biden win the states of Texas and Ohio.The Center for Responsible Politics operates the campaign finance website opensecrets.org. To review their data, click here. 1872