Powell/Economy

[MuggsyB]

Potential 🍅 🍅 🍅 🍅  shortages should have everyone on full alert.  This could be beyond devastating.

[MU82]

Potential 🍅 🍅 🍅 🍅  shortages should have everyone on full alert.  This could be beyond devastating.

Finally a way to prevent some people from putting ketchup on hot dogs.

[The Hippie Satan of Hyperbole]

I remember the PSA on Saturday mornings with the Native American in horseback staring at pollution  with a tear coming down his face.   

Nixon established the EPA after the Cuyahoga caught fire.

California smog days in the 70's.

Nah, it was just ignored.

But that wasn’t about climate change.

[MuggsyB]

Finally a way to prevent some people from putting ketchup on hot dogs.

That should be illegal.  But we're very dependent on 🍅 🍅 🍅 nonetheless.

[Jockey]

I remember the PSA on Saturday mornings with the Native American in horseback staring at pollution  with a tear coming down his face.   

Nixon established the EPA after the Cuyahoga caught fire.

California smog days in the 70's.

Nah, it was just ignored.

Reminds me of the Sigmund Snopek song about Milwaukee, "Thank God This isn't Cleveland".

https://soundcloud.com/sigmundsnopek/thank-god-this-isnt-cleveland

[rocket surgeon]

That’s what happens when we ignore climate change for decades

 you and greta would make a nice couple

[rocket surgeon]

california already playing "captain may i"  to charge your vehicle so the "powers that be can run their A/C and big walk in fridgerators

   maybe if you're triple vaxed, boosted, masked up PLUS a shield-that should win ya some points, eyn'a?

  dance on one leg, holding your tongue singing "i was born on a pirate ship" automatic win and front of the line

[jesmu84]

you and greta would make a nice couple

China, Pakistan, southwest USA, Spain, Italy, Texas...

https://www.nbcnews.com/news/world/drought-hit-rivers-world-reveal-treasures-climate-change-heat-wave-rcna44192

Keep your head in the sand. Any future generations of yours should be proud

[TSmith34, Inc.]

california already playing "captain may i"  to charge your vehicle so the "powers that be can run their A/C and big walk in fridgerators

   maybe if you're triple vaxed, boosted, masked up PLUS a shield-that should win ya some points, eyn'a?

  dance on one leg, holding your tongue singing "i was born on a pirate ship" automatic win and front of the line

Possibly your best work yet

[forgetful]

Below article from earlier this year says only 5% of EV batteries currently get recycled, so yes I guess I’m serious.

https://www.motorbiscuit.com/ev-battery-recycling-makes-cars-cheaper-helps-solve-microchip-shortage-crisis/

You are not a serious person. There are a number of reasons a lot of batteries aren't being recycled.

1. They are still in use, as they often outlast the vehicle.
2. They are repurposed instead, and used in other applications.

But those that are not repurposed, are usually recycled, as efficient recycling methods are already in place.

https://www.forbes.com/sites/carltonreid/2022/08/01/electric-car-batteries-lasting-longer-than-predicted-delays-recycling-programs/?sh=2d03bf1e5332

I can provide dozens of similar articles. Even your article if read completely is consistent with what I write above....but you didn't bother to read your full article.

[Uncle Rico]

california already playing "captain may i"  to charge your vehicle so the "powers that be can run their A/C and big walk in fridgerators

   maybe if you're triple vaxed, boosted, masked up PLUS a shield-that should win ya some points, eyn'a?

  dance on one leg, holding your tongue singing "i was born on a pirate ship" automatic win and front of the line

9 of 10

Good to see the air quotes back but no ellipses. 

[Hards Alumni]

Potential 🍅 🍅 🍅 🍅  shortages should have everyone on full alert.  This could be beyond devastating.

I have no idea if you're being serious half of the time you post on this board.

[Hards Alumni]

california already playing "captain may i"  to charge your vehicle so the "powers that be can run their A/C and big walk in fridgerators

   maybe if you're triple vaxed, boosted, masked up PLUS a shield-that should win ya some points, eyn'a?

  dance on one leg, holding your tongue singing "i was born on a pirate ship" automatic win and front of the line

[JWags85]

california already playing "captain may i"  to charge your vehicle so the "powers that be can run their A/C and big walk in fridgerators

Hold on, do rich people and politicians have walk in refrigerators in their homes?  Or did restaurants and food storage facilities suddenly join the "powers that be"?

[TSmith34, Inc.]

Hold on, do rich people and politicians have walk in refrigerators in their homes?  Or did restaurants and food storage facilities suddenly join the "powers that be"?

Big Refrigeration has all the pols in its cold, cold pockets

[🏀]

Public enemy number 1.

[Jockey]

Hold on, do rich people and politicians have walk in refrigerators in their homes?  Or did restaurants and food storage facilities suddenly join the "powers that be"?

I'd bet you have the new-fangled AC in your home? If so, that proves you are one of the 'powers that be'. You're nothing but an Elite

[MU82]

Like pretty much all newspapers and newspaper chains, big and small, times are rough these days for Gannett, which owns USA Today and 200+ other papers of various sizes.

The chain announced recently that it laid off 3% of its staff (roughly 400 employees), from journalists to editors to customer service to other support staff. Gannett also slashed its marketing budget and said it wouldn't fill some 400 open positions.

What didn't Gannett do? Inflict any pain on upper management, of course.

CEO Mark Reed -- who was paid $7.7 million in 2021 while Gannett’s median salary was $48,419 -- bought $1.2 million worth of Gannett stock immediately before the layoffs. He's no dummy; layoffs often please the market and make stock prices go up. (For example, 3M announced layoffs yesterday, and MMM's price moved up today after getting crushed the last several sessions.)

Also of interest: Of the more than 100 Gannett layoffs tracked by the Poynter Institute (a journalism watchdog), the vast majority affected non-union newsrooms and staff. Unionized newsrooms that are currently bargaining contracts with Gannett were likely protected from layoffs by federal labor law.

[Jay Bee]

The chain announced recently that it laid off 3% of its staff (roughly 400 employees), from journalists to editors to customer service to other support staff. Gannett also slashed its marketing budget and said it wouldn't fill some 400 open positions.

What didn't Gannett do? Inflict any pain on upper management, of course.

CEO Mark Reed -- who was paid $7.7 million in 2021 while Gannett’s median salary was $48,419 -- bought $1.2 million worth of Gannett stock immediately before the layoffs. He's no dummy; layoffs often please the market and make stock prices go up. (For example, 3M announced layoffs yesterday, and MMM's price moved up today after getting crushed the last several sessions.)

This is idiotic and patently false.
 
Some facts:
The GCI executive team has recently been cut by 30%.
 
Reed purchased $1.2M on the open market as a sign of confidence in the company. On 8/3/22, the stock price closed at $3.21. The following day, they released earnings and it fell ~28% to $2.30. When he was able to on 8/8/22 (e.g. trading window opened for him), he bought $1.2M of stock at an average price of $2.44. The stock had been beaten down due to the earnings release; he was showing the market that the stock price was a great deal and not reflective of the value of the company.
 
Since the announced layoffs you refer to, the stock hasn’t done much of anything. It closed ta $2.32 yesterday. (He’s lost money on the $1.2M as of yesterday’s close).
 
He was not paid $7.7M in 2021. That’s just stupid. What happened is that he was paid a $900k salary and earned an incentive plan bonus of $767k based on how the company performed (variable comp). The other $6.1M you claim he was ‘paid’ is all performance-based stock awards that vest over time and are subject to meeting hurdles. To fully earn all the related award in the future, the stock will need to perform over 4x what it’s currently at.
 
That is, if under his leadership, great returns are generated for shareholders, he will be rewarded. If not, he won’t. It’s exactly how you want to align pay of management with company performance.

PS as if 1:50 CT today, MMM is up 0.7% from yesterday’s close and is down 13% from last week, which relates to the earplug matter.

Stop the lies!!

[MU82]

This is idiotic and patently false.
 
Some facts:
The GCI executive team has recently been cut by 30%.
 
Reed purchased $1.2M on the open market as a sign of confidence in the company. On 8/3/22, the stock price closed at $3.21. The following day, they released earnings and it fell ~28% to $2.30. When he was able to on 8/8/22 (e.g. trading window opened for him), he bought $1.2M of stock at an average price of $2.44. The stock had been beaten down due to the earnings release; he was showing the market that the stock price was a great deal and not reflective of the value of the company.
 
Since the announced layoffs you refer to, the stock hasn’t done much of anything. It closed ta $2.32 yesterday. (He’s lost money on the $1.2M as of yesterday’s close).
 
He was not paid $7.7M in 2021. That’s just stupid. What happened is that he was paid a $900k salary and earned an incentive plan bonus of $767k based on how the company performed (variable comp). The other $6.1M you claim he was ‘paid’ is all performance-based stock awards that vest over time and are subject to meeting hurdles. To fully earn all the related award in the future, the stock will need to perform over 4x what it’s currently at.
 
That is, if under his leadership, great returns are generated for shareholders, he will be rewarded. If not, he won’t. It’s exactly how you want to align pay of management with company performance.

PS as if 1:50 CT today, MMM is up 0.7% from yesterday’s close and is down 13% from last week, which relates to the earplug matter.

Stop the lies!!

Have a nice day.

[lawdog77]

Like pretty much all newspapers and newspaper chains, big and small, times are rough these days for Gannett, which owns USA Today and 200+ other papers of various sizes.

The chain announced recently that it laid off 3% of its staff (roughly 400 employees), from journalists to editors to customer service to other support staff. Gannett also slashed its marketing budget and said it wouldn't fill some 400 open positions.

What didn't Gannett do? Inflict any pain on upper management, of course.

CEO Mark Reed -- who was paid $7.7 million in 2021 while Gannett’s median salary was $48,419 -- bought $1.2 million worth of Gannett stock immediately before the layoffs. He's no dummy; layoffs often please the market and make stock prices go up. (For example, 3M announced layoffs yesterday, and MMM's price moved up today after getting crushed the last several sessions.)

Also of interest: Of the more than 100 Gannett layoffs tracked by the Poynter Institute (a journalism watchdog), the vast majority affected non-union newsrooms and staff. Unionized newsrooms that are currently bargaining contracts with Gannett were likely protected from layoffs by federal labor law.

Ironic that newspapers are laying off people, ofterntimes because of the shoddy (or lazy) reporting like the above.

[MU82]

Ironic that newspapers are laying off people, ofterntimes because of the shoddy (or lazy) reporting like the above.

Yes. Ironic.

[Jay Bee]

Have a nice day.

aka “yes, I was wrong and spewing nonsense”

Pathetic

[tower912]

You finally admit it.     That is the first step toward growth.   

[Pakuni]

Ironic that newspapers are laying off people, ofterntimes because of the shoddy (or lazy) reporting like the above.

Claiming that newspapers are laying off people because of shoddy or lazy reporting is lazy and shoddy thinking (and dumb, I might add).