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Happy Father’s Day!On the left, The Duke of Cambridge with Prince of Wales at Sandringham in December 2019, and on the right, Michael Middleton with his daughter CatherinePhoto on the left taken by The Duchess of Cambridge pic.twitter.com/VN461CZzmi— The Duke and Duchess of Cambridge (@KensingtonRoyal) June 21, 2020 325

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

General Electric is under such financial stress that new CEO Larry Culp is slashing the troubled conglomerate's 119-year-old dividend to just a penny a share.GE revealed on Tuesday worse-than-expected results and a billion accounting writedown for its beleaguered power division. Culp plans to split up the power division to accelerate a turnaround.The company also announced that the SEC and Justice Department are investigating the charge, which reflects the deterioration of businesses GE has acquired. The news adds to GE's mounting legal problems and helped send the stock to a nine-year low in volatile trading.In a bid to fix GE's debt-riddled balance sheet, Culp announced the company will cut its quarterly dividend from 12 cents a share starting in 2019. By paying just a token dividend, GE (GE) will save about .9 billion of cash per year.Analysts had been anticipating a potential dividend cut, though not one of this magnitude.It's an especially painful move for a company that long viewed its stable dividend as a source of pride. But years of bad decisions forced GE to halve its dividend last November for just the second time since the Great Depression. The dividend cuts deal a blow to the many GE retirees and mom-and-pop shareholders who long relied on the cherished payouts."We are on the right path to create a more focused portfolio and strengthen our balance sheet," Culp said in a statement.Culp, who was suddenly named CEO on October 1, acknowledged during a conference call "this is not a quarter that we're particularly proud of." 1572

Home listings in more cities will no longer use the word "master" to describe large bedrooms and bathrooms.In June, the Houston Association of Realtors decided to instead use the word “primary” to describe the largest bedroom or bathroom in a home listing.The association, HAR for short, updated listings on the website through mid-June. In a statement, the organization said the change has been “raised and considered for many years” and was one of nine requests submitted from HAR members for discussion at recent meetings about updating MLS listings. Other requests included things like electric vehicle charging stations and balcony details.“The overarching message was that some members were concerned about how the terms might be perceived by some other agents and consumers. Based on the discussion that took place, more members viewed the terms as sexist than racist, although some did view them as racist,” the statement said. “The origin of the terms is debated, and we are not saying they are rooted in slavery.”The word “master” is not banned within the organization and members, only in their online listings. Realtors may choose to use “master” on their own materials selling a home.HAR told members the United States Department of Housing and Urban Development has already advised that use of the term “master bedroom” or “master bathroom” is not discriminatory and does not violate Fair Housing laws.Some builders have already dropped the term years ago, HAR said. According to the Houston Chronicle, at least one builder in Texas now calls a home's primary bedroom an "owner's retreat." Other builders have also made the change in the last few years, choosing different words to describe the larger rooms in the homes they design. 1755

Harvey Weinstein turned himself in to authorities Friday morning and was arrested and arraigned on charges of first- and third-degree rape and committing a criminal sexual act in the first degree, according to the Manhattan District Attorney's office.The charges stem from incidents with two separate women in 2013 and 2004, the district attorney said in a statement, and were the result of a joint investigation between police and the Manhattan District Attorney's office.Weinstein's attorney Benjamin Brafman told reporters outside the courthouse that his client plans to plead not guilty to all of the charges.As part of the agreement between Brafman and the DA's office, Weinstein's bond was set at million. He'll be required to wear a GPS monitoring system and is only allowed to travel within New York state or Connecticut. 841

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