Unions laud tariffs

With help from Ian Kullgren and Andrew Hanna UNIONS LAUD TARIFFS: President Donald Trump “ignited a possible trade war by announcing a decision to impose tariffs of 25 percent on steel imports and 10 percent on aluminum to protect both industries from unfairly traded imports that the Commerce Department has determined pose a threat to national security,” POLITICO’s Andrew Restuccia and Adam Behsudi report. "It'll be 25 percent for steel. It will be 10 percent for aluminum. It'll be for a long period of time," Trump said at a White House meeting with industry executives. "We'll be signing it next week. And you'll have protection."Story Continued Below The announcement rattled stock markets, with the Dow Jones Industrial Average closing more than 400 points lower. “Shares of Ford Motor dropped 3 percent and General Motors fell nearly 4 percent,” CNBC’s Fred Imbert reports. “Boeing, Cummins, Johnson Controls, and United Technologies — other users of steel and aluminum — also helped lead the market lower. Steel stocks like U.S. Steel and AK Steel posted strong gains.” In addition, Trump’s plan is “likely to be met with outrage and retaliation from countries around the world,” POLITICO’s Restuccia and Behsudi report. Still, the controversial proposal won praise Thursday from unions and, in particular, steelworkers. Leo Gerard, president of the United Steelworkers, said the policies would help mitigate the deleterious effects of imports “that have decimated production in the United States." AFL-CIO President Richard Trumka tweeted that Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer, and White House trade adviser Peter Navarro “have rightly advocated for these actions despite opposition from the Wall St wing of the admin.” The president’s plan is meant to fulfill a campaign promise to revive U.S. steel jobs, a message Trump stressed in Continue Reading

Becton Dickinson (BDX) Q1 2018 Earnings Conference Call Transcript

Image source: The Motley Fool. Becton Dickinson (NYSE: BDX) Q1 2018 Earnings Conference Call Feb. 6, 2018 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, this is the operator. Today's conference call will begin momentarily. Until that time your lines will again be placed on music hold. Thank you for your patience. Hello, and welcome to BD's First Fiscal Quarter 2018 Earnings Call. At the request of BD, today's call is being recorded. It will be available for replay through February 13, 2018, on the Investors page of the bd.com website or by phone at 1 (800) 585-8367 for domestic calls and area code (404) 537-3406 for international calls using confirmation number 4282726. I would like to inform all parties that your lines have been placed in a listen-only mode until the question-and-answer segment. Beginning today's call is Ms. Monique Dolecki, vice president of investor relations. Ms. Dolecki, you may begin the conference. Monique Dolecki -- Vice President of Investor Relations Thank you, Crystal. Good morning, everyone, and thank you for joining us to review our first fiscal quarter results. As we referenced in our press release, we are presenting a set of slides to accompany our remarks on this call. The presentation is posted on the Investor Relations page of our website at bd.com. During today's call, we will make forward-looking statements, and it is possible that actual results could differ from our expectations. Factors that could cause such differences appear in our first fiscal quarter press release and in the MD&A section of our recent SEC filings. We will also discuss some non-GAAP financial measures with respect to our performance. A reconciliation to GAAP measures can be found in our press release and its related financial schedules and in the slides. 10 stocks we like better than Becton Dickinson When investing geniuses David and Continue Reading

Readers, in joy, disbelief, even tears, on Bills ending The Drought

A few days ago, I asked readers to explain what it meant to them at the moment they knew the Buffalo Bills were in the playoffs, after a 17-year absence, the infamous "Drought." The answers poured in. Here is the entire collection of responses available thus far, more than 100 tales of tributes, exaltation, disbelief and joy, beginning with the memories of the pastor of Ss. Columba and Brigid Church in Buffalo: A note from Rev. Jud Weiksnar, a reader: My claims to being the world's biggest, and worst, Bills Fan. Longevity First, I might have the longest span of watching games with one's father. My dad introduced me to the Bills in 1963, when I was 6. We still watch together, 54 years later. He's 95, and about the only time he stays awake for three hours straight is when the Bills are playing. I remember the first game we watched together on t.v. The Bills were playing the Patriots in Boston, and I saw that the quarterback #15 was Kemp. I asked my dad if that was my Uncle George, whose last name was similar, and my dad quickly corrected me that it was Jack Kemp, not George Kempf. Even when I left town for college, and to join the Franciscans in 1987, except for two years overseas I would always catch at least one Bills game with my dad. World's Biggest Bills Fan? Along with all Bills fans, I was crushed when the Bills lost Super Bowl XXV to the Giants. A few months later, I left for a mission year in Lima, Peru. Peru at the time was under attack by a terrorist group, Sendero Luminoso, that threatened to take over the country. 30,000 people were killed in the violence. There were kidnappings, bombings, and assassinations. One day my classmate at the language school where we were learning Spanish, Sister Cathy, invited me to Mass at the Holy Cross house on the other side of town in San Juan de Lurigancho. The neighborhood was very dangerous as it was the site of a notorious penitentiary, nicknamed "The World's Most Dangerous Prison" because of all the terrorists Continue Reading

UPDATED: Slideshow: Celebrating Region teachers like Sarah Cunningham, William Ickstadt and Heidi Fields

Candy Mues Teacher's Name: Candy MuesSchool: Immanuel Lutheran SchoolSchool District: ValparaisoTell about this teacher and why he/she should be recognized?: She is very compassionate about what she teaches. She tries to keep the learning environment a fun place but still a learning experience.What did he/she do that stands out this year?: Every year around April time she takes the 8th grade class to Washington D.C. She enjoys it a lot. I still remember how much fun my trip was 4 years ago. Sara Hebble Teacher's Name: Sara HebbleSchool: Donald E. Gavit Middle SchoolSchool District: School City of HammondTell about this teacher and why he/she should be recognized?: Sara is an exceptional Specialist Education teacher. She is an incredible support to her colleagues as well as her students. Her students respect her and are willing to put forth effort in her classes.What did he/she do that stands out this year?: Sara has taken on two additional classes this year and is consistently looking for innovative, fun ways to teach them. She is not afraid to be a student herself and seeks new challenges to help her challenge her students. Sarah Cunningham Teacher's Name: Sara CunninghamSchool: Immanuel Lutheran SchoolSchool District: ValparaisoTell about this teacher and why he/she should be recognized?: Mrs. Cunningham, 4th grade teacher at Immanuel Lutheran School in Valparaiso, is a very hands-on educator. With an intense focus on Indiana history, Mrs. Cunningham exposes her students to what life was like for the early settlers. Classroom visitors include a Native American Indian and a French Voyageur who describe life in Indiana in their day. Field trips to Pioneerland and canoeing on the Kankakee River take students back in time. Hands-on activities in the classroom include dissecting owl pellets and observing earthworm behavior.What did he/she do that stands out this year?: Mrs. Cunningham's fourth-graders selected five angels from the Salvation Army angel tree. Students Continue Reading

UPDATED: Slideshow: Celebrating Region teachers like Ellen Prahlow, Angie Karagiannakis and Jessica Uporsky

Ellen Prahlow Teacher's Name: Ellen PrahlowSchool: Immanuel Lutheran SchoolSchool District: ValparaisoTell about this teacher and why he/she should be recognized?: Ellen Prahlow is not only the 7th grade homeroom teacher, she teaches 6th grade language arts, 7th & 8th grade Spanish, and 7th grade social studies. Her passion for teaching extends beyond the classroom by encouraging her students to recognize that the world extends beyond their small corner of it.What did he/she do that stands out this year?: For the second year in a row, Ellen took her home room students to St. Louis for a five day service trip to work with inner-city children and refugee children. Students stayed at a Lutheran church were they cleaned, helped set up security cameras and spread mulch. During the trip, students were encouraged to see beyond their own little world in Valparaiso and to help others. Angie Karagiannakis Teacher's Name: Angie KaragiannakisSchool: Liberty Elementary SchoolSchool District: Duneland School CorporationTell about this teacher and why he/she should be recognized?: Mrs. Karagiannakis is an extremely hard working individual who always has her students’ best interest at the forefront of everything she does. All lessons and assignments are planned and thought out to reach all learners no matter their academic level. The differentiated instruction and techniques that Mrs. Karagiannakis practices in her classroom ensures that her students feel confident and prepares them to be life-long learners and develop a love for learning. Mrs. Karagiannakis is always looking for ways to continue to grow as an educator. She is involved in several committees throughout Liberty Elementary School, as well as the school corporation. My son looks forward to going to school each day and absolutely loves being in Mrs. Karagiannakis’ class. He views school as a fun, exciting and safe place due to Mrs. Karagiannakis enthusiasm to make school an enjoyable place all while Continue Reading

The Teens Trapped Between a Gang and the Law

Many victims of MS-13 came to the United States as unaccompanied minors. Audio: Listen to this story. To hear more feature stories, download the Audm app for your iPhone. Juliana grew up with a single memory of her father. He was sitting in the half-light of evening on the porch of their home, in a small town in El Salvador, while her mother cooked dinner in the kitchen. A man in a black mask emerged from the darkness. Juliana heard three gunshots, and saw her father fall off his chair, vomiting blood. She was three years old at the time, and afterward she wondered if the killing had actually happened. The most tangible detail was the man in the mask, who came to seem more present in her life than her father ever was. Juliana used to find her mother by the windows, pulling back a corner of the curtains to be sure that he had not returned. “It was like that man went on living with us,” Juliana told me. One day when she was older, her mother said that a gang called the Mara Salvatrucha, also known as MS-13, had killed her father for refusing to pay a tax on a deli that he operated out of the house. For five years after the killing, the family moved every six months, staying with relatives throughout El Salvador, trying to keep ahead of the gang. In 2011, after Juliana’s mother, Ramona, testified against the killer, a member of MS-13 tried to stab her at a soccer game, where she was selling refreshments. She escaped, and fled the country, leaving Juliana and her two younger sisters at an aunt’s house, because she couldn’t afford to bring them with her. She went to Brentwood, on Long Island, where she had relatives, and took a job cleaning houses. A few years later, she was returning home from work, when she got a call. “What I need is money to pay a lawyer for the people who have been affected by what you’ve said,” a male voice told her. “I know the people of the neighborhood. I know your family, your kids, your Continue Reading

The Disrupters

Audio: Listen to this story. To hear more feature stories, download the Audm app for your iPhone. One day in 2013, AJ Vandermeyden drove to Tesla’s corporate headquarters, in Palo Alto, California, sat down on a bench outside the main entrance, and waited, in the hope of spotting someone who looked like a company employee. Vandermeyden, who was thirty years old, had been working as a pharmaceutical sales representative since shortly after college, but she wanted a different kind of job, in what seemed to her the center of the world—Silicon Valley. She knew that Tesla’s ambitious, eccentric co-founder Elon Musk was managing companies devoted to space flight and solar energy, in addition to running Tesla, which was producing electric cars, and she was inspired by his mission. Tesla was growing quickly and offered numerous opportunities for employees to advance. The company, Musk liked to say, was a “meritocracy,” and Vandermeyden wanted to be a part of it. Vandermeyden saw a man wearing a Tesla T-shirt and walked over to introduce herself. After she found out that he worked in sales, the department she wanted to join, she decided to deliver her pitch to him right then. He seemed impressed by her nerve. A few weeks later, she was hired at Tesla as a product specialist in the inside-sales department. At first, Vandermeyden thrived at Tesla. After almost a year, she was promoted to the job of engineering project coördinator in the paint department. The new position involved working out of Tesla’s automotive manufacturing facility in Fremont, California, where hundreds of apple-red robot arms assembled Tesla vehicles on a white factory floor. The whirr of the robots in motion gave the plant the feel of something out of science fiction. But even in this futuristic environment there was something about life at Tesla that seemed distinctly atavistic—and deeply wrong. Vandermeyden, who worked closely with a group of eight other Continue Reading

High-schoolers graduate in record numbers, but are they ready for what’s next?

November 9, 2017South Bend, Ind.—Destiny Castillo, a junior at John Adams High School here, says she has “big dreams.” She envisions herself as a dentist, running her own business and maybe even employing her mom.She expects to earn six college credits for free through South Bend’s career and technical education courses. Thinking ahead is part of students’ experience here starting in middle school.“I’m the first one that will graduate high school from my family.... There was a lot of help and support with my teachers,” says Destiny, her big hoop earrings nearly touching the shoulders of the royal blue scrubs she wears for dental-careers class.In some states, students like Destiny have a much harder time exploring their interests and understanding which high school courses will qualify them for college. In places with the lowest standards, they may succeed in high school only to find out that their diploma holds little value in the eyes of employers and college admissions officers.But Indiana is one of 19 states that automatically places high school students on a pathway to graduation that includes enough challenging English and math courses to qualify them for postsecondary work. Here it's known as the Core 40 diploma.And there’s new evidence that higher expectations can make a big difference. When states require schools to place students in a “college and career ready” (CCR) curriculum by default, students meet those benchmarks at higher rates, and narrow the gaps.“When a state sets expectations high for all kids they are sending a certain message: ‘We want these kids to have access to a university if that’s what they want to do.’ Not automatically placing them in a CCR pathway … you’re just having them fend for themselves, and if a district does not raise requirements, it’s putting certain kids at a disadvantage,” says Monica Almond, a senior Continue Reading

Why Rio’s legacy could be a positive for the Olympic movement

The story of Rio seems pretty simple, actually.On the field and in the pool, the Rio Olympics were exultant – the last Olympic step of arguably the most remarkable sprinter in history, the last stroke of a swimmer who punctured the boundaries of fiction, and the runway for an impossibly airborne gymnast whose routines treated gravity with imperious disdain.Off the field, they were Zika and sewage and green pools and Ryan Lochte.“The contrast between Olympic field of play and the world just outside the fences has never been so great,” writes ESPN’s Bonnie Ford.What is less certain is whether that is a bad thing.Certainly, it is different. Even in Athens – the Olympics that previously held the unofficial record for most panic-inducing preparations – things mostly calmed down once the cauldron was lit.It was only years later, when the bottom dropped out of the Greek economy, that the hulking husks of bygone Olympic grandeur became a source of international angst.In Rio, the angst was everpresent – a tea kettle with the lid chattering ominously. Mr. Lochte’s story – both the initial (and false) harrowing tale of a brazen mugging and then the reaction to the gradual revelation of the more mundane truth – was proof that one eye was always off the sport, expecting the worst.Wryly, Ms. Ford observes that “IOC president Thomas Bach has declared Rio’s absence of disaster a success.”But in the world’s overinflated expectations of imminent Olympic apocalypse, there is a lesson.Yes, Rio was not able to sanitize its chronic problems to the level that the International Olympic Committee demanded. But is that the best standard? Should the measure for a successful host city be that it successfully avert the world’s eyes from its most unsightly problems for an Olympic fortnight?Athletes and visitors must be kept safe, of course. Despite setbacks, they generally were, by all indications.If Continue Reading

Mayor de Blasio visits the Daily News Editorial Board: audio and transcript

On Tuesday, Oct. 17, Mayor de Blasio sat with the Daily News Editorial Board. What follows is an audio recording and transcript of the board's hour-long interview of the mayor, during which he discussed income inequality, affordable housing, homelessness, crime, education, controversial statues on public property, the Yankees and much more.   Daily News: Okay. So we'll get right to it. So first I understand you wanted to start with a couple of minutes? Bill de Blasio: Yeah. Just a couple. Yeah. Look. First of all, thank you for having me. Look, over the last four years we've had a lot of dialogue between this board and my team. I think in composite on some of the biggest issues, we've had some real agreement - on fighting crime, improving relationship between police and community, building affordable housing. Some of the key things we've had to do to fix our schools. There are obviously some real areas of disagreement too, and ongoing dialogue. But I want to thank you for what I think has been a very productive process, which I look forward to furthering today. I want to thank you for doing something that bluntly very few people in public life or media or politics do, which is what you acknowledged about stop and frisk. I thought that was a very powerful and well appreciated editorial that we have been able to make the city safer, consistently, while intensely reducing stop and frisk. And look, just a quick composite. Crime has gone down. I believe crime will go down more substantially. I believe it is about pinpoint policing, as well as improving the relationship between police and community, and obviously having 2000 more officers on patrol than we had a couple of years ago. Credit also to the City Council for that. It has allowed us to have the personnel to do things differently on the ground in neighborhoods and build real relationships. I think that’s playing out on our streets positively. It's also allowed us to create Continue Reading