Sep 15, 2016, 1:50 pm EDT
When is Election Day 2016?
The presidential race has been in full throttle for well over a year, marking one of the most intense battles for the presidency in recent elections. Tuesday, November 8 is the day when you can cast a vote for Republican candidate Donald Trump, Democrat Hillary Clinton, or a third-party nominee such as Libertarian Gary Johnson.
The race has been a seesaw affair in 2016, with Trump leading the polls by 0.2% back in May. However, the Republican nominee has made a series of statements that have diminished his popularity, including his desire to build a wall in the Mexican border, and anti-Muslim comments. Read
Sep 14, 2016, 4:47 pm EDT
George W. Bush is releasing a new book that consists mostly of paintings.
The former president’s new publication will be titled Portraits of Courage: A Commander in Chief’s Tribute to America’s Warriors. The book will be comprised of 66 paintings, as well as a mural drawn by Bush.
The work of art pays homage to military veterans, as well as those in active service. Crown Publishing Group will release the book, which is slated for a Feb. 28, 2017 launch. Read
Sep 9, 2016, 12:06 pm EDT
California Prop 56 is a new measure that would increase cigarette taxes in the state by $2.
The new tax on cigarettes could quickly take the state from offering some of the cheapest tobacco taxes to being in the top 10 most expensive states in the U.S. The current tax on cigarettes in California is 87 cents and California Prop 56 would bring it up to $2.87.
Tobacco companies, including Altria Group Inc (NYSE:MO) and Reynolds American, Inc. (NYSE:RAI), are funneling money into a campaign to fight California Prop 56. $35.6 million has already been donated to the campaign by tobacco companies. This is twice what supporters of the new tax have donated and makes up the majority of the campaign’s $37.1 million in donations. Read
Sep 7, 2016, 12:01 pm EDT
Starbucks Corporation (NASDAQ:SBUX) CEO Howard Schultz has officially endorsed Democratic presidential candidate Hillary Clinton.
The Starbucks CEO’s endorsement of Hillary Clinton was made during an interview with Poppy Harlow at the CNNMoney American Opportunity conference being held in New York.
I’m hopeful that after the election — and hopefully Hillary Clinton will be elected president — that we will begin to see a level of unity and people coming together.” Read
Sep 7, 2016, 11:24 am EDT
Goldman Sachs Group Inc (NYSE:GS) is no longer allowing partners to donate to Donald Trump’s presidential campaign.
Goldman Sachs has updated its policy so that its partners aren’t allowed to donate to any candidate that is running for state or local offices. It also includes candidates that are already in state or local offices and are running for federal office. Indiana Governor Mike Pence falls into this category. He is Donald Trumps running mate for the 2016 election.
Goldman Sachs made the change to “prevent inadvertently violating pay-to-play rules.” The banking firm also said that the new policy is designed to “minimize potential reputational damage caused by any false perception that the firm is attempting to circumvent pay-to-play rules.” Read
Aug 31, 2016, 1:44 pm EDT
New Jersey Governor Chris Christie has vetoed a $15 minimum wage bill.
The bill vetoed by Chris Christie would have increased the minimum wage in New Jersey to $15 an hour over a three year time span. The bill was passed by both houses of state legislature, which are controlled by Democrats.
Chris Christie, a Republican that was running for the 2016 presidential election before dropping out, said that the Democrats didn’t consider if businesses could afford the increased wages when they approved the bill. If the bill would have passed, New Jersey would have been the third state to approve a $15 minimum wage. Read