TRUE CRIME: The ‘shell shocked’ father who drowned two of his sons in Indiana Harbor

TRUE CRIME: The 'shell shocked' father who drowned two of his sons in Indiana Harbor All day thousands of parents who lost their sons shuffled into the East Chicago morgue and looked at the drowned boys with matching blue-gray eyes, though none could identify them.The first boy was found Feb. 22, 1928, and the second March 1 — both within 100 yards of each other in the Lake Michigan-Calumet River canal, according to Times archives. They wore matching blue-grey woolen suits, red-lined black chinchilla coats and dark brown leather gloves. The boys' bodies were trussed with wire when pulled from Indiana Harbor in the winter of 1928.The second boy's discovery confirmed for police the near-identical looking youths – almost certainly brothers – were murdered, perhaps kidnapped and killed after a ransom went unpaid.The truth came from the forlorn figure who haunted the morgue every evening after the bodies' discovery.George Chisholm, a 35-year-old World War I veteran from Canada, was brought in for police questioning the day after the second boy's body was found March 1.He admitted the boys were his sons, George Jr., 9, and Edgar, 6. He said he bound wire around their waists, weighted each wire with a heavy steel rail and then pushed the boys into a ship canal at Indiana Harbor.In his first confession he said he persuaded the boys to jump into the water, but admitted after continued questioning they were pushed.The man was arrested and obtained pro-bono representation from two attorneys – Joseph Conroy of Hammond and Anthony A. Filipiak of Gary.The attorneys explained in a letter to the newspaper they chose to represent Chisholm “to prevent society from doing the same thing to Chisholm that Chisholm has done to his boys,”“We are not fighting for Chisholm's freedom,” they wrote. “We are fighting to make sure Chisholm is recognized in his right light, that he is looked upon as the sick man that he is, and that he Continue Reading

Big data vs. the credit gap

There’s a catch-22 at the core of the U.S. financial system: To get credit, you need to already have established a credit history. Millions of Americans never find a way around the contradiction, and as a result, are locked out of things like credit cards or student loans that the rest of the population can take for granted. Banks and other financial companies usually rely on the three major credit reporting agencies to decide whether to let you have credit, using something called your FICO score, an algorithm based on your credit history. No credit history; no FICO score. (If you have a thin credit history or a bad score, you might be able to get a car or a loan, but you will pay higher interest rates and fees.) But not having a credit history is not the same thing as being a credit risk. In fact, many people without credit histories may be very good credit risks; they’ve figured out ways to pay rent, buy groceries and keep the electricity on without the convenience of cards or other forms of credit. A number of financial startups, recognizing that many of those transactions are recorded digitally, are exploring ways to open the door to such people with new credit-scoring methods, using a wider array of financial data to better identify who’s likely to repay a loan. If it works, it holds out the promise of helping more people start businesses, buy homes and get higher education. Businesses also see an opportunity to reach a new set of customers. “People with little or no credit history, or who lack a credit score, have fewer opportunities to borrow money in order to build a future and any credit that is available usually costs more,” Richard Cordray, former director of the Consumer Financial Protection Bureau, said last year in announcing that the bureau would explore the idea. “That only deepens their economic vulnerability.”But there’s a catch. The new companies use software and data sets that probe deeply into Continue Reading

‘Inside the Snitch Tank’: Read the full story of murder, misconduct and justice delayed

By Edward Humes | Orange County RegisterPUBLISHED: January 18, 2016 at 7:55 am | UPDATED: October 25, 2017 at 10:37 am About this story: This report was written by Edward Humes, the author of 13 nonfiction books and winner of the Pulitzer Prize for his Orange County Register coverage of the military. The story is based on extensive reporting by the Register’s staff, including Tony Saavedra, David Ferrell, Kelly Puente, Tom Berg, Ian Wheeler and Roxana Kopetman, previously published stories and legal documents obtained by the newspaper since the arrest of Scott Dekraai after the worst mass shooting in Orange County history. Illustrations were drawn by Jeff Goertzen. Read more at the Register’s ‘Inside the Snitch Tank’ site Prologue On his last day of freedom, Scott Dekraai spoke on the phone with his ex-wife. Let’s meet for coffee, he suggested. Michelle Fournier was shocked. A day earlier they had squared off at yet another court hearing in their acrimonious battle over custody of their 8-year-old son. Things had not gone Dekraai’s way at the hearing, and the argument had continued on the phone, until Dekraai brought his ex-wife up short with his suggestion that they meet in person. No way, Fournier responded. She did not want to see him. Definitely not. This would prove to be a fateful decision. If he couldn’t have a one-on-one, Dekraai decided after hanging up on Fournier, he’d just have to confront his ex-wife at her workplace instead – one last time. Then he walked out to his garage to survey his well-oiled collection of five pistols, four rifles and a 12-gauge shotgun. The violence that followed just a few hours later would make national headlines. It would alter the course of lives and families for years to come. It would drag a peaceful, tight-knit community into an exclusive club no one wishes to join: the fraternity of towns marred by mass murder. And, finally, the official response to Dekraai’s Continue Reading

With impending job losses after sale of Cabela’s, Sidney scrambles to lure new businesses

SIDNEY, Neb. — In 1961, the late Dick Cabela bought a 22-word classified ad in Sports Afield magazine for free trout-fishing flies. The giveaway gambit launched a hunting, fishing and outdoor recreation retail enterprise that became one of Nebraska’s largest homegrown businesses. It made “Cabela’s and Sidney” as synonymous as “Cornhuskers and football.” More than five decades later, as Sidney prepares for a post-Cabela’s future, the town finds itself needing its own marketing pitch. Like Dick Cabela in 1961, who found himself with more than 2,800 unsold fishing flies, Sidney is casting about to reel in businesses to a little town on the prairie long proud of its status as world headquarters of Cabela’s. The lure is the immediate availability of hundreds of Grade A employees who helped build a mail-order gig started on a kitchen table into a $5 billion company. Sidney’s marketing strategy is more sophisticated, of course, but the scramble is on to minimize the impact of expected job losses at Cabela’s headquarters with the company’s takeover by rival Bass Pro Shops. Word of what the future holds for hundreds at Cabela’s has come at a torturous drip since the iconic hunting, fishing and outdoor retail brand came under siege more than two years ago by an activist investor who called for changes and a possible sale. Mayor Joe Arterburn and others worried that the community was losing too many highly educated white-collar residents — many of them paid upward of $80,000 — who didn’t want to leave but had to look elsewhere for jobs. “The drain has already started,” he said. “People aren’t waiting to see if they have a job at Cabela’s. They’re out there marketing themselves, and if they get offers, they’re grabbing them and going.” To combat that, a small band of recruiters has launched a marketing campaign for the western Nebraska Continue Reading

Delta Air Lines (DAL) Q4 2017 Earnings Conference Call Transcript

Image source: The Motley Fool. Delta Air Lines (NYSE: DAL) Q4 2017 Earnings Conference Call Jan. 11, 2018 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, everyone, and welcome to the Delta Air Lines' December Quarter and Full-Year Financial Results Conference. My name is Ebony and I will be your coordinator today. At this time, all participants are in a listen-only mode until we conduct a question-and-answer session following the presentation. As a reminder, today's call is being recorded. I would now like to turn the conference over to Jill Greer, vice president of investor relations. Please go ahead, ma'am. Jill Greer -- Vice President of Investor Relations Thanks, Ebony. Good morning, everyone, and thanks for joining us for our December quarter and full-year earnings call. Joining us from Atlanta today are our CEO, Ed Bastian; our president, Glen Hauenstein; and our CFO, Paul Jacobson. Our entire leadership team is here in the room for the Q&A session. Ed will open the call and give an overview of Delta's financial performance. Glen will then address the revenue environment and Paul will conclude with a review of our cost performance and cash flow. To get in as many questions as possible during the Q&A, please limit yourself to one question and a brief follow-up. Today's discussion contains forward-looking statements that represent our beliefs or expectations about future events. 10 stocks we like better than Delta Air Lines When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Delta Air Lines wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn Continue Reading

Q & A with Merrill “Tony” McPeak

If a mad scientist toiling away in a Colorado Springs lab grabbed a beaker to create the quintessential airman, I’m not sure his discovery would beat Merrill “Tony” McPeak.The 14th Chief of Staff of the Air Force, he also was the first one who was through-and-through an airman , having never served in the Army or attended the U.S. Military Academy at West Point.President George H.W. Bush gave him the gig, and President Bill Clinton briefly made him his Secretary of the Air Force, but I get the feeling that he’d just as soon have spent his adult life strapped inside a fighter, humming Mozart when he wasn’t blasting to dots the enemy.McPeak, 81, won’t tell you this, but he’s a hero of the Vietnam War. When he left the Air Force in 1994 his chest was spangled with the Silver Star, two Distinguished Flying Crosses and the Air Medal with an Oak Leaf Cluster designating his 13th award (yes, 13).Notable for his gruff demeanor, he won’t mind telling you he thought Clinton was a bit too slick for his own good; Trump’s foreign policy is incoherent; the Air Force needs a good dose of warrior ethos; and military strategist John Boyd was full of bunk.The last of his Aerial Trilogy, Roles and Missions, covering his four years as the Air Force’s top uniformed leader, recently published.Because he’s a seminal figure in the development of air power as an instrument of warfare, I’m printing this Monday morning Q&A in full. If nothing else, it’ll keep PhD candidates busy.By the way, he’s an Aztec! San Diego State (BA in Economics, Class of 1957).You can read about his trilogy here, too.Carl Prine: First of all, why do a memoir? And, second, why do three?Merrill McPeak: That’s a good question. Who’s interested in even one volume, right?But I spend a lot of time on airplanes, flying from business meetings to business meeting, and the laptop seems to fit conveniently in the food tray. Continue Reading

The Director Of The Year’s Most-Hyped Movie Isn’t Playing Hollywood’s Game

There’s a near-magical scene toward the end of Sean Baker’s new film The Florida Project, when the protagonist — 6-year-old Moonee, played by Brooklynn Prince — brings a friend into the wilds that edge the strip of budget motels and knockoff gift shops outside of Disney World. They get caught in a rainstorm and huddle beneath a sprawling live oak tree, draped in Spanish moss. In classic Florida rainstorm style, it passes quickly, and the pair emerge into a dripping green world, soaking wet and filled with wonder, to find a herd of cows staring disinterestedly back.Like the rest of The Florida Project, the scene is filmed with a Steadicam placed on its lowest setting, effectively placing the viewer on the same level as the kids. As a result, we’re immersed in their experience of the world, instead of hovering over it. “We wanted to give the kids more power,” Baker told me over coffee in Seattle. “Whenever we could, we would shoot in a way that would give it to them — that would make them the kings and queens of their domains.”The scene does nothing to advance the plot, per se; it has no direct narrative bearing on anything else in the film. But it’s a classic Sean Baker moment: the sort of scene that tells you nothing and everything — about a character, about her world — at once. When Baker makes a movie, he often shoots scenes that explicitly tell the story, offering plain exposition as to what’s happened, what’s happening, what’ll happen next — and then replaces them, in postproduction, with scenes that don’t “tell” at all. Instead, they show: what it’s like to experience the simple drudgeries of delivering Chinese food (Take Out, 2004); what it’s like to go about your everyday life when you happen to be a porn star (Starlet, 2012); what it’s like for black trans sex workers to endure harassment and build something like trust Continue Reading

Publishers Overseas Are Making Money By Targeting Americans With Cheap — And Sometimes False — Information About Niche Topics

As ad dollars that used to fund journalism pour into the coffers of Facebook and Google, the information business is experiencing a trend familiar to other American industries: The product they produce is now competing with cheaper versions coming from overseas.Content farmers in the Philippines, Pakistan, Macedonia (of course), and beyond are launching websites and Facebook pages aimed at Americans in niches such as politics, mental health, marijuana, American muscle cars, and more.Based on Facebook engagement and other metrics, some of these overseas publishers are now beating their American counterparts. In the process they’re building an industry centered on producing and exporting cheap (and sometimes false) information targeted at the US.“This is like all of the basic stuff happening in economics and politics today,” said Tyson Barker, a political economist with the Aspen Institute Germany who specializes in international economic policy. “It's a globalization trend and you've seen it also in manufacturing and other industries.”Americans and others in the English-language world are used to buying clothing and other products with labels that say “Made in China” or “Made in Bangladesh.” Thanks to the rise of platforms like Facebook and Google, a growing amount of the information being served up in English is now coming from overseas, albeit without the same kind of labeling. One surprising area where the impact of this trend is being felt is with Native American news and content.A few weeks ago, Indian Country Today Media Network, an online and print publisher for Native Americans, announced that it was suspending operations due to the lack of a sustainable business model.“ICTMN has faced the same challenges that other media outlets have faced,” said a letter from publisher Ray Halbritter. “It is no secret that with the rise of the Internet, traditional publishing outlets have faced Continue Reading

TRANSCRIPT: John Kasich meets with the Daily News Editorial Board, April 7, 2016

The Daily News Editorial Board interviewed John Kasich, Republican candidate for President, on April 7 in the offices of the newspaper in downtown Manhattan. Kasich: I love being here. I just love being in New York. It's so crazy, right? It's just such a great opportunity, and I'm campaigning in New York City. I mean, how could that even be? New York Daily News: Why does that surprise you? Kasich: Oh, I mean, my dad was a mailman. I mean, come on. I'm just a kid from McKees Rocks. I mean, being governor, I've accepted that. In New York City? Me? Running for President. It's hard to believe. I mean, I'm ready to be President, but I'm still... You know, wanderlust sets in every once in awhile, or there's something wrong with you. You know? TRANSCRIPT: HILLARY CLINTON MEETS WITH NEWS EDITORIAL BOARD  Kasich: Mort, I think you should have owned The Daily Planet too. Mort Zuckerman: I think you should have been the mayor of Tucson. New York Daily News: Well, let me welcome you officially, and thank you for giving us this opportunity to speak. I'll start with some yardsticks for deciding a potential endorsement. Governor, indicating execute decision making, sometimes in crisis, plus experience working with a legislature. Governor of a large state that's both very urban, very rural and everything in between. Kasich: And complicated. New York Daily News: And complicated, indicating capacity for dealing with diverse needs, outlooks and policies. Governor of a state with a mature economy that's working to keep pace with rapid change. Governor who watched the great recession wipe out tens of thousands of jobs. Saw it hit bottom around 2010, then presided over a surge in job creation that surpassed the national pace. Regained all that was lost, plus more, to reach a record level of jobs with 8% more positions than at the trough. That's not bad. Now, my question. Should Andrew Cuomo be running for President? [Laughter] Does he Continue Reading

Kate Middleton’s parents looking to New York as a spot to expand their party business

Kate Middleton’s parents are plotting to expand their family business in America — and they have their sights set on the Big Apple. [email protected] can exclusively reveal Michael and Carole Middleton want to cross the pond with their party-planning business and the move could result in daughter Pippa spending more time in New York. While The Duchess of Cambridge has become the darling of America since her wedding to Prince William, her family's business has boomed. Antony Jones/Julian Parker/Mark Cuthbert/UK Press via Getty Images Kate Middleton and her father, Michael, arrive at At Westminster Abbey for her wedding day. Party Pieces, their online party-planning site, wants to make a bigger mark in the States — and sees setting up a Manhattan office as key. PHOTOS: A CLOSE LOOK AT KATE MIDDLETON'S WEDDING DRESS “Party Pieces’ overseas business has been extraordinary with America dominating much of the interest. It has prompted the Middletons to look at establishing an office in the U.S. so that they can bolster their brand and even tie into other companies and ventures. They feel New York offers them a good starting point,” a source revealed. JOHN STILLWELL/AFP/Getty Images The Duchess of Cambridge attending a garden party at Buckingham Palace in London on May 22.  Kate’s sister Pippa made inquiries about properties during her recent trips to New York. Some thought that the pretty brunette — who edits the company’s online newsletter Party Times — was hunting for an apartment, but that was a red herring. PHOTOS: MEET PIPPA MIDDLETON “Office spaces are being looked at and Pippa has been asked by her parents about her thoughts on a good location as she has scouted the city before,” the source said. GLYN KIRK/AFP/Getty Images Pippa Middleton (right) with parents, Carole and Michael, take in the Wimbledon Tennis Championships in southwest London back Continue Reading