Wednesday’s top personal finance stories
By Trefis Team, Contributor SpaceX stands out among multi-billion dollar startups as one of the few companies that has grown by focusing on an industry that has existed for decades, rather than disrupting existing industries through the use of technology. This note discusses the company’s revenue and valuation expectations. …read more
After years of asset sales, store closures, debt exchanges and real estate moves, Sears is still suffering huge losses and declining sales and analysts say bankruptcy is very likely.
(Valerie Macon/AFP/Getty Images)
Long before Roseanne Barr lost her television show for tweeting something racist, she tweeted something racist.
“Susan Rice is a man with big swinging ape balls,” the comedian wrote in 2013 about President Barack Obama’s national security adviser, who is black.
Then Barr suggested Monday that Valerie Jarrett, another prominent former Obama adviser who is black, resembled a primate.
“Muslim brotherhood and planet of the apes had a baby = vj,” Barr tweeted, setting off outrage that pushed ABC to cancel her sitcom.
After the network publicly condemned the actress’s behavior, joining a chorus of Hollywood heavyweights and politicians, comedian Kathy Griffin and other Internet voices pointed out a pattern:
C) They knew exactly what they were getting..they were just willing to put any concerns/issues aside for the sake of ratings and money. The question is, why was this the limit? It wasn’t enough when she called David Hogg a Nazi? Or when she tweeted racist stuff about Susan Rice?
— Kathy Griffin (@kathygriffin) May 29, 2018
it would seem those praising ABC for taking a stand against racist speech must also deal with the scores of inflammatory Roseanne tweets ABC turned a blind eye to before today.
— Astead (@AsteadWesley) May 29, 2018
In case you thought Roseanne’s recent racist Tweet was just an ill-considered anomaly, here she is in 2013 comparing another African American woman, Susan Rice, to to an ape. #SuspendRoseanneNow @ABCNetwork pic.twitter.com/GgO7nIpxKW
— Nathan Lean (@nathanlean) May 29, 2018
Under pressure, Barr apologized.
“I am truly sorry for making a bad joke about her politics and her looks,” she tweeted. “I should have known better. Forgive me — my joke was in bad taste.”
Darnell Hunt, director of the Ralph J. Bunche Center for African American Studies at the University …read more
A woman buys produce at a market in Barcelona. Fruit and vegetables have traditionally been a large part of the diet in Mediterranean countries. (Emilio Morenatti/AP)
A senior official at the World Health Organization pronounced the Mediterranean diet dead last week — a casualty of changing lifestyles in countries such as Greece, Spain and Italy.
New data from the organization shows that children in southern Europe have obesity rates higher than 40 percent. In a presentation Thursday to health officials at the European Congress on Obesity, João Breda, the program manager for nutrition, physical activity and obesity at the WHO Regional Office for Europe, blamed the incursion of sodas and snacks into the region’s traditionally low-sugar, produce-heavy diet.
“The Mediterranean diet for the children in these countries is gone,” Breda told the assembled officials. “There is no Mediterranean diet anymore. … The Mediterranean diet is gone, and we need to recover it.”
Breda’s observations are from the Childhood Obesity Surveillance Initiative, a 10-year-old research project that monitors the height, weight and eating habits of tens of thousands of children in more than 30 European countries. The largest study of its kind, COSI captures long-term changes in children’s diets and childhood obesity.
In southern Europe, those dietary changes have generally been for the worse. While famous for their “Mediterranean diet” — lauded for its healthfulness, and heavy in leafy greens, fruits, whole grains, olive oil, nuts and pulses and some lean proteins — many Greeks, Spaniards and Italians have developed a taste for processed food, sodas and sweets.
This latest COSI analysis found that fewer than 1 in 3 Spanish children eat fruit every day, and fewer than 1 in 10 have a daily vegetable. In Italy, nearly three-quarters of …read more
By Ken Kam, Contributor On January 13, 2018, for 38 tense minutes Hawaii’s residents believed that a nuclear missile was headed their way. Those who wanted their legacy to survive faced two big issues that day. I did not have a good answer then, but here’s what I’d do differently now. …read more