Author

admin

Browsing

In a federal courtroom on Monday, storied fashion designer Michael Kors spoke about the steep challenge of staying relevant in a world where brands can rise and fall based on viral TikTok videos and photos of handbags on the arms of celebrities such as Taylor Swift and Beyoncé.

Kors kicked off the week of testimony in the antitrust trial in Manhattan as a Federal Trade Commission lawsuit seeks to block Tapestry’s $8.5 billion acquisition of Capri. The deal, if approved, would put six fashion brands under a single company: Tapestry’s Coach, Kate Spade and Stuart Weitzman, with Capri’s Versace, Jimmy Choo and Michael Kors. 

The FTC on Monday called Kors, who founded his namesake brand in 1981 at age 22 and still serves as its chief creative director, to testify. Yet, in his remarks, Kors described how even legacy brands like his own can struggle and lose shoppers’ interest.

“Sometimes you’ll be the hottest thing on the block,” he said. “Sometimes you’ll be lukewarm. Sometimes you’ll be cold.”

He acknowledged that his namesake label has fallen from favor and needs a refresh.

“I think we’ve reached the point of brand fatigue,” he said.

The FTC has argued that the combined companies, particularly with Coach and Michael Kors under the same owner, would create a bag behemoth with the power to hike prices for customers while offering them the same or worse products.

Attorneys for Tapestry and Capri, on the other hand, have questioned the FTC’s depictions of a consolidated handbag market. They have said competition has grown as customers consider both pricier luxury brands and lower-priced fast-fashion names, and can shop from online-only platforms and secondhand marketplaces.

The trial comes as consumers balk at high prices and when the outcome of the closely watched U.S. presidential election could change the federal agency’s strategy.

Shares of Capri, which includes Michael Kors, reflect the tougher stretch that the designer Kors described. As of Monday afternoon, the company’s stock has fallen about 24% so far this year. That trails far behind the roughly 18% gains of the S&P 500 and the approximately 17% rise of Tapestry.

In its most-recent fiscal quarter that ended in late June, Michael Kors’ revenue dropped 14.2% on a reported basis or 13.3% on a constant currency basis compared to the year-ago period.

Kors said he remains a student of the fashion industry and draws inspiration from spending time on store floors, talking to customers or people-watching at places such as airports. Even as an industry veteran, he said he must move nimbly.

For instance, he said he learned about Aupen, a handbag industry newcomer, when he saw a photo of Taylor Swift carrying one of the company’s handbags. When he went to the company’s website, it crashed, he said.

“It shows you the power of women like this,” he said.

In another testimony on Monday, former Macy’s CEO Jeff Gennette said retailers also feel it when brands lose some of their shine. Gennette, who retired early this year, said the department store’s sales got hit because it leaned too heavily on Michael Kors’ brand. He said the markdown of Michael Kors’ handbags contributed to “a bad spiral Macy’s was living through when I was there.”

The antitrust trial is expected to conclude on Tuesday with testimony by economists, including one for the FTC and one for the companies.

This post appeared first on NBC NEWS

Charter Communications CEO Chris Winfrey said he wants customers to think of reliability and credibility when they think of their cable and broadband provider.

The cable giant told CNBC it is unveiling a series of changes Monday to bolster that goal, including rolling out new bundles and pricing, increasing internet speeds, offering credits for service outages and promising heightened reliability for customers.

Charter — which provides broadband, cable TV and mobile services and is known to customers under the name of Spectrum — said it is also trying to make the company more approachable and remove the longtime negative connotations around cable companies by announcing Spectrum’s new “first-of-its-kind customer commitment,” branded as “Life Unlimited.”

The rollout comes as Charter and its industry peers contend with several trends: slowing broadband customer growth, continued defections from the cable TV bundle, and a young but speedily expanding mobile business.

“It is hard to be loved when you’re providing a critical service to the household that’s a physical infrastructure that charges over $100 a month,” Winfrey said in an interview with CNBC. “And to the extent there’s a problem, sometimes somebody has to enter your home … in the same vein that it is for an electrician or plumber.”

The first step to changing a less-favorable consumer view is with “pricing and packaging that creates more value than you can replicate anywhere else in the marketplace,” he said.

Spectrum said it will charge as low as $30 a month for its 500Mbps internet plan, or $40 a month for 1GB service, when either are bundled with two mobile lines or cable TV. The company is also increasing the baseline internet speed for current customers at no additional cost.

The company also said it’s planning to be upfront about costs. Under its new plan, taxes and fees are baked in, there are no annual contracts and pricing is guaranteed up to three years, it said. Charter even eliminated the 99 cents it had tacked on to most of Spectrum’s pricing in the past.

In addition, Spectrum pledged to give customers credits when the company’s customer service doesn’t live up to its promises, or for internet outages that are out of the customer’s control but are due to an issue on the company’s part and last more than two hours. Service issues such as those caused by weather, natural disasters or power outages don’t count.

Life Unlimited — a new platform for Spectrum’s internet, mobile and TV services — will roll out across its 41-state footprint this week, the company said.

“We wanted to make a bold statement about our commitment and our capabilities,” Winfrey said. “We also wanted to recognize that we’re not perfect and we’re putting ourselves under pressure, concrete pressure, to make sure that we can be a better service operator every month and every year from here on out.”

The announced changes are some of Charter’s biggest moves since Winfrey took the helm as CEO in December 2022.

He followed Tom Rutledge, who held the post for a decade and turned a relatively small cable operator into the second-largest cable company in the U.S. through the takeovers of Time Warner Cable and Bright House Networks in 2016. Winfrey was CFO at the time and spearheaded the mergers.

Winfrey recalled the various investments and advancements cable companies had made over the years: namely in broadband, but also in the pay TV bundle and the landline and mobile phone businesses.

“For all the value that the industry’s brought over the years, and the service and reliability investments that we’ve made, we haven’t always gotten the full credit that we deserve, and in some cases, we did get the credit we deserve because we could have done things better,” Winfrey said.

He entered the top job at a moment when it was clear growth was unlikely to return to the cable TV bundle.

Winfrey had been a low-key and not widely known executive in the media industry, but he started off swinging.

At an investor day in December 2022, Charter announced an aggressive capital investment plan that included putting $5.5 billion over three years in its broadband infrastructure network. The higher-than-expected spending during a time of growing competition from 5G wireless providers sent alarms through Wall Street, and the stock dropped.

Charter’s stock price has fluctuated greatly in recent years. On Sept. 12, 2021, the stock price was $787.12. It closed at $340.17 on Friday.

Charter’s stock has fluctuated in recent years as there’s been a slowdown in broadband subscriber growth.

That’s in part because broadband customer growth at providers including Charter and Comcast has struggled, according to the companies’ earnings reports. Increased competition from wireless companies such as AT&T and Verizon has also played a role in the stagnation, as has the slowdown in the buying and selling of houses due to high interest rates.

The third quarter was the worst ever for broadband industry subscriber losses, according to MoffettNathanson. Charter lost 149,000 subscribers and had a total of 30.4 million residential and small business broadband customers as of June 30, according to its second-quarter earnings report.

While the losses weren’t as substantial as analysts had feared, Charter’s growth bright spot is now its mobile business, which launched in 2018. Spectrum Mobile has 8.8 million total lines and has grown rapidly due to enticing promotional deals and increased mobile usage on reliable Wi-Fi networks, the company said.

In late 2022, Charter announced its “Spectrum One” plan, the first time it offered broadband, Wi-Fi and mobile in a bundle with promotions that included competitive rates and, in some cases, free mobile lines.

“For wireless, the ‘Spectrum One’ promotion will almost certainly turn out to have been a home run,” analyst Craig Moffett said in a research note in July. “Despite the fact that it was initially viewed as shockingly aggressive, it was, in fact, a rather modest offer.”

Moffett called mobile an “underappreciated growth engine” for Charter, not only because of customer additions but also growth in average revenue per user, or ARPU, which is a metric often used by cable companies.

Winfrey doesn’t expect ARPU to be affected by the new promotions.

“When I think about Wall Street, I think about the customer,” Winfrey said. “If you focus on the customer, provide great customer service, save them money, provide value, then your capital market strategy, your regulatory strategy, all of that just falls into place.”

Customers have been dropping pay TV rapidly across all providers, including Charter. But the company has been vocal about its efforts to preserve the business, especially under Winfrey’s leadership.

The biggest moment came in 2023 when Disney-owned networks went dark for Charter’s customers and Winfrey called the pay TV ecosystem “broken” as he pushed for a revamped deal with Disney.

While these disputes are common — Disney and DirecTV on Saturday ended a roughly two-week blackout fight — this one was different in the age of streaming.

For Charter, the sticking point wasn’t just the fees. The company wanted Disney’s ad-supported streaming options to be part of its TV offering.

Pay TV providers often say the rates that programming companies such as Disney seek from them are too high, especially since the programmers are also funneling much of their content into streaming platforms. Although the cable bundle loses customers, cable providers note it’s still a cash cow while streaming chases profitability.

“Credit to Disney, eventually they were willing to lean in and they understood their role in the industry,” Winfrey said, adding that ESPN is considered the linchpin of the cable TV bundle. “They had to be the leader in the space, and we knew that.”

The deal allowed for ad-supported Disney+ and ESPN+ to be included in “Spectrum TV Select” packages. In addition, when ESPN launches its direct-to-consumer streaming option — which is expected to debut in fall 2025 — these customers will receive access to it, too.

“I give Charter a ton of credit because they walked into the room and they had very specific ideas. They had a vision that they wanted to execute against, and again, it was a hard negotiation,” ESPN Chairman Jimmy Pitaro said on CNBC on Sept. 3 when discussing the blackout fight with DirecTV.

Depending on the tier a customer subscribes to, their package can include the ad-supported versions of streamers Disney+, ESPN+, Max, Discovery+, Paramount+, AMC+, BET+ and/or Televisa Univision’s Vix.

The deals have also given Charter the opportunity to sell and market the streaming services to its broadband-only customers — and includes a revenue share agreement.

The most recent deals with Warner Bros. Discovery and AMC Networks were early renewals. That’s relatively uncommon in an industry where carriage negotiations often come down to the wire.

Charter last year also started offering its own streaming devices, known as Xumo, through a joint venture with Comcast. The device gets rid of the cable box and gives consumers a way to access both their cable TV and streaming apps in one place.

“We still have hurdles to get through,” Winfrey said, noting that Charter’s goal is to offer all ad-supported streaming apps owned by the major programmers it negotiates with on the cable TV bundle in the first half of 2025.

NBCUniversal’s Peacock is still not part of that roster, however. A Charter representative said the company doesn’t discuss renewals and declined to comment.

Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC.

This post appeared first on NBC NEWS

Good morning and welcome to this week’s Flight Path. Equities saw the “Go” trend return after a triplet of uncertain “Go Fish” bars. We saw blue “Go” bars from Wednesday on. Treasury bond prices remained in a strong “Go” trend painting blue bars the entire week. U.S. commodities remained in a “NoGo” trend this week but as the week came to a close we saw a couple of weaker pink bars. The dollar also saw its “NoGo” trend continue and after a string of weaker pink bars, we saw a strong purple “NoGo” bar to end the week.

$SPY Recovers From Uncertainty

The GoNoGo chart below shows that after several amber “Go Fish” bars representing uncertainty the “Go” trend found its feet again this past week. Strong blue “Go” bars returned on Wednesday and we saw prices climb close to prior highs once again. If we turn our attention to the oscillator panel we can see that the oscillator broke through the zero line into positive territory after having spent a few days below that level. Now, with momentum resurgent in the direction of the “Go” trend, we see a Go Trend Continuation Icon (green circle) under the price bar. We will watch to see if this gives price the push it needs to make a new higher high.

The longer time frame chart shows a strong recovery last week. Price made up all of the lost ground and closed near the very top of the week’s trading range. Now, with another strong blue “Go” bar and momentum in positive territory but not yet overbought, we will watch to see if price can climb further from here.

“NoGo” Trend Continues in Force for Treasury Rates

Treasury bond yields painted strong purple “NoGo” bars again this week and we saw a new lower low as the August low provided little support. GoNoGo Oscillator in the lower panel was rallying toward the zero line but has turned around and is falling once again toward oversold territory. Momentum is well and truly on the side of falling prices.

The Dollar’s “NoGo” Trend Survives Another Week

A strong purple “NoGo” bar returned at the end of the week after 4 straight weaker pink bars. Price failed to make a new higher high and rolled over mid week. Now, with a strong purple bar, we will look to see if price falls further. GoNoGo Oscillator is out of step with the trend which is interesting. Having broken out of a Max GoNoGo Squeeze into positive territory GoNoGo Oscillator is now at a value of 1. We will watch to see if this halts price’s move lower.

As part of Carl’s review of Gold charts, he explained how we use the close-ended fund, Sprott Physical Gold Trust (PHYS) to measure sentiment for Gold. Depending on how PHYS trades, it trades at a discount or premium based on the physical Gold that it holds. These discounts and premiums help us measure Gold sentiment.

Uranium (URA) and Nuclear Energy ETF (NLR) have formed double bottoms but how healthy do they look moving forward? Carl addresses this question.

Carl also discusses his thoughts on Intel (INTC) which saw quite a gain on Monday. Is the chart healthy though?

Market trend and condition was covered in Carl’s analysis of the SPY as well as a look at Gold, Gold Miners, Bitcoin, the Dollar and more on Bonds and yields.

We have our regular view of the Magnificent Seven and how these stocks are lined up to start the week.

Erin discusses the current sector rotation being displayed within the market and it is clear that traders are hedging their bets with entry into defensive sectors which are clearly outperforming.

The pair finish with an analysis of viewers’ symbol requests!

01:05 DP Signal Tables

03:37 Market Analysis

05:59 Gold Sentiment Discussion

09:50 Gold Miners, Bonds/Yields, Bitcoin

13:57 Magnificent Seven

18:41 Uranium and Nuclear Energy ETFs

21:43 Intel (INTC)

25:06 Questions

30:38 Sector Rotation

35:10 Symbol Requests

Take advantage of our free two week trial on any of our subscriptions by using coupon code: DPTRIAL2 at checkout!

Check out our complete video library or find the latest trading room videos at this LINK. Bookmark it!


Introducing the new Scan Alert System!

Delivered to your email box at the end of the market day. You’ll get the results of our proprietary scans that Erin uses to pick her “Diamonds in the Rough” for the DecisionPoint Diamonds Report. Get all of the results and see which ones you like best! Only $29/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE to subscribe NOW!


Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!


Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 Subscribe HERE!


Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin


(c) Copyright 2024 DecisionPoint.com


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.


Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules


The big question in the 2024 election is increasingly not just who will take office come Jan. 20, 2025, but also what kind of ugly scenes will be visited on the country before we ever reach that point.

That specter looms larger and larger amid a series of ominous signs.

One obvious such sign is what may have been the second assassination attempt on former president Donald Trump in nine weeks on Sunday. But compounding the problem are the increasingly coarse and partisan reactions to violence and threats of violence; the significant embrace of potentially justified political violence and vast conspiracy theories; a rise in threats; and the increasingly shameless and tolerated promotion of misinformation and bigoted views on social media.

And it’s often the right raising the temperature.

Reactions from Republicans to the latest threat to Trump’s life, at his Trump International Golf Club in West Palm Beach, Fla., were foreboding.

After slowly warming to the idea of blaming the political left for the assassination attempt at a rally in Butler, Pa., in July — despite scant evidence — Trump on Monday wasted little time assigning blame similarly for the latest threat.

“He believed the rhetoric of Biden and Harris, and he acted on it,” Trump claimed to Fox News about Ryan Wesley Routh, the man who has been arrested and charged after he allegedly shrouded himself in the bushes near the golf course with a rifle as Trump played golf. “Their rhetoric is causing me to be shot at …” (The suspect allegedly fled without firing.)

This echoes previous Republican suggestions linking the July assassination attempt to Democrats having called Trump a “threat to democracy” and a danger to the country.

Trump said that Democrats, in fact, “are the ones that are destroying the country — both from the inside and out.” He added: “It is called the enemy from within. They are the real threat.”

There is no evidence that Routh was spurred by Democrats’ rhetoric, just as there is no evidence that Thomas Matthew Crooks, the suspect in the Pennsylvania shooting, was back in July. Crooks was a registered Republican who left little in the way of a paper trail about his motivations before his death; Routh is apparently a former Trump voter who embraced both Democrats and Republicans who challenged Trump in recent years.

Democrats have also largely backed off the “threat to democracy” rhetoric over the past two months. Trump, in turn, has stepped up such rhetoric against them.

There is plenty to learn about both cases. But Trump is signaling to his supporters that Democrats have effectively played a hand in possibly trying to get him killed — twice — after previously suggesting that the FBI sought to assassinate him. And he continues to use precisely the kind of rhetoric that he himself casts as inciting. His supporters, meanwhile, leap to blame the left; Elon Musk late Sunday night even noted that “no one is even trying to assassinate Biden/Kamala,” before deleting the post. Many high-profile Trump allies and congressional Republicans quickly linked Sunday’s events to Democrats’ rhetoric, as well.

The tense political debate comes after plenty of other markers of a political tinderbox.

While Republicans have cried foul about Democrats’ rhetoric, it wasn’t that long ago that they and their allies greeted an attack on a prominent Democrat with jokes and ridiculous conspiracy theories. Republicans and conservative commentators frequently joked about the late 2022 attack at former House speaker Nancy Pelosi’s (D-Calif.) house that left her husband, Paul Pelosi, with severe injuries. They even suggested, based on bogus evidence, that it was a gay lovers’ tryst gone wrong. Trump made light of the situation as recently as this month, quipping that the wall around the Pelosis’ house “didn’t help too much with the problem she had.”

Such conspiracy theories have increasingly found voices not just in extreme activists and social media users but Republican officeholders and prominent commentators. In recent days, many of them have pointed to thinly constructed theories about last week’s debate between GOP presidential nominee Trump and Democratic nominee Vice President Kamala Harris being rigged.

The scene Sunday also came as Trump and his allies have zeroed in on a debunked and dehumanizing conspiracy theory about Haitian migrants stealing and eating pets in Springfield, Ohio. They have doubled down despite the lack of evidence and the city facing a series of reported threats made against city hall, schools, colleges and hospitals. The mayor said the threats have included “hateful language towards immigrants and Haitians in our community,” while a college cited two threats that “were targeted toward members of the Haitian community.” Ohio Gov. Mike DeWine (R) said Monday that none of 33 threats were legitimate and that “many” of them came from overseas.

Threats have become commonplace in our politics, as The Washington Post documented earlier this year. Republican lawmakers critical of Trump have increasingly cited the role of threats from Trump allies in their colleagues’ voting and retirement decisions. The last House speaker election a year ago was marred by threats from people apparently trying to influence the outcome.

Election officials have also warned about potential violence as Trump cues up yet another series of stolen-election claims — less than four years after his supporters cited such claims while attacking the U.S. Capitol on Jan. 6, 2021.

Trump now casts those arrested in connection with the Jan. 6 riot as political prisoners, absolving them of blame in a way that Trump’s supporters have warmed to. And ever since Jan. 6, Trump has increasingly sent suggestive signals about political violence, often predicting his supporters would rise up in defense of him.

Data continues to show a remarkable degree of tolerance for potential political violence, especially on the right. Last week, a Public Religion Research Institute poll showed nearly 3 in 10 Republicans and 1 in 10 Democrats agreed that, because things have gotten off track, “true American patriots may have to resort to violence in order to save our country.”

The poll also found that about a quarter of Republicans agreed that if Trump isn’t declared the winner of the 2024 election, he should “do whatever it takes to assume his rightful place as president.”

Whether any of it will ultimately lead to unrest or tragedy remains to be seen. But the country has experienced that before, with ugly scenes begetting more ugliness. The resilience of the democracy has been put to the test over the past two elections. There’s every reason to believe that’s going to be the case again in 2024.

This post appeared first on washingtonpost.com

Former president Donald Trump on Monday blamed the “rhetoric” of President Joe Biden and Vice President Kamala Harris for the potential assassination attempt he faced Sunday.

“[The suspected gunman] believed the rhetoric of Biden and Harris, and he acted on it,” Trump said in a Fox News interview published Monday morning. “Their rhetoric is causing me to be shot at, when I am the one who is going to save the country, and they are the ones that are destroying the country — both from the inside and out.”

The Harris campaign did not respond to The Washington Post’s request for comment.

The former president echoed the claims again Monday afternoon on his Truth Social platform, writing: “The Rhetoric, Lies, as exemplified by the false statements made by Comrade Kamala Harris during the rigged and highly partisan ABC Debate, and all of the ridiculous lawsuits specifically designed to inflict damage on Joe’s, then Kamala’s, Political Opponent, ME, has taken politics in our Country to a whole new level of Hatred, Abuse, and Distrust. Because of this Communist Left Rhetoric, the bullets are flying, and it will only get worse!”

Harris and Biden have routinely portrayed Trump as a threat to democracy because of his refusal to accept the 2020 election results and his role in stoking rioters who attacked the U.S. Capitol on Jan. 6, 2021, in an attempt to overturn the election.

Trump’s claims come the day he was scheduled to host a virtual address on Spaces, X’s live audio platform, from his Mar-a-Lago resort in Palm Beach, Fla. on the launch of “World Liberty Financial,” a cryptocurrency platform. The former president is also expected to appear on Fox News’s “Hannity” at 9 p.m. Eastern time. The appearances are the first public event Trump has done since the possible assassination attempt at his golf course on Sunday.

Police arrested Ryan Wesley Routh, a 58-year-old man, on Sunday after he pointed a rifle through a fence around a golf course where Trump was playing, authorities said. The FBI is investigating the episode as an apparent assassination attempt. Trump, who survived an assassination attempt this summer in Pennsylvania, was not harmed in the Florida incident.

Authorities have not said Routh shot at Trump on the golf course. They have said a Secret Service agent opened fire on Routh after seeing his rifle poking through the fence.

Routh’s social media activity quickly came under scrutiny. He reportedly wrote on X that “DEMOCRACY is on the ballot” in the November election, a refrain Biden and Harris have used on the campaign trail. Routh also had expressed past support for Trump, suggesting he backed him in 2016 but became disillusioned with him.

Biden and Harris said Sunday that they were relieved Trump was safe and condemned any kind of political violence. Biden, talking to reporters Monday morning outside the White House, said “thank God” Trump was okay and urged “more help” for the Secret Service.

On X, Trump’s son Donald Trump Jr. described having conversations with his young children about the second attempt on Trump life.

“No person should ever have to do this in America or anywhere else and yet I had to have that conversation five times again yesterday,” he said.

After Trump criticized Biden and Harris online and on Fox News, some of his critics noted that he has long spread hateful rhetoric against his political opponents. In a post shared on X, former Rep. Adam Kinzinger (R-Ill.), who was part of a now-defunct House select committee tasked with investigating the deadly Jan. 6 riot, pointed to Trump’s political rhetoric as a source of tension.

“Look violent rhetoric is wrong, and has no place,” Kinzinger wrote. “But MAGA pretending they didn’t light this fire is gaslighting to the 100th power. Since Trump showed up our politics has gone to crap.”

“Literally just accused a group of people of eating our pets,” Kinzinger added, a reference to Trump’s baseless claims that Haitian migrants are eating their neighbors’ cats in Springfield, Ohio.

Rep. Brendan Boyle (D-Pa.) on X also shared a response to Donald Trump Jr.’s post asking if he has apologized to the grandchildren of Rep. Nancy Pelosi (D-Calif.), the former House speaker, after he posted a tweet mocking the attack on Pelosi’s husband’s life.

Former Rep. Joe Walsh (R-Ill.), who is also now a Trump critic, said in an X post that two things can be true at the same time: “1. This potential assassination attempt on Donald Trump is horrible and should be strongly condemned by ALL of us.” and “2. There is no politician in America today who spews as much hate or incites as much violence with reckless/dangerous rhetoric as Donald Trump does.”

This post appeared first on washingtonpost.com

An Ohio sheriff this weekend urged residents in his county to collect the addresses of homes sporting signs for Vice President Kamala Harris, arbitrarily suggesting that there would be an influx of undocumented immigrants if she wins the presidential race.

Bruce Zuchowski, the sheriff of Portage County who is seeking reelection, made the incendiary remarks Friday in two identical posts on his personal and professional Facebook accounts.

“I say … write down all the addresses of the people who had her signs in their yards!” Zuchowski (R) said. That way, he said, when undocumented immigrants — which he referred to as a “locust” — flooded in, “We’ll already have the addresses of their New families … who supported their arrival!”

The sheriff’s posts sparked tension across Portage County, which President Donald Trump carried by 12 points in the 2020 election. Some residents accused Zuchowski of voter intimidation ahead of November’s election. One Republican official described the post as “bullying” and stepped down from a role with a county GOP committee, the Portager reported.

Alongside his caption, Zuchowski posted photos of Fox News coverage showing footage from Springfield, Ohio, and Aurora, Colo. — two cities that have been in the national spotlight in recent weeks as former president Trump and his running mate, Sen. JD Vance (R-Ohio), have publicly repeated baseless, inflammatory claims about the immigrant communities there.

Comments are limited on both of Zuchowski’s posts. He did not immediately respond to The Washington Post’s requests for comment Monday evening.

In Monday posts on X, the American Civil Liberties Union of Ohio condemned Zuchowski’s comments, adding that putting up political signs was “most decidedly, protected core First Amendment speech.”

“For the sitting sheriff of Portage County to be engaging in the very type of behavior he’s meant to combat is despicable,” the organization wrote.

Since Harris ascended to the top of the Democratic ticket in July, she and Trump have publicly criticized each other’s border and immigration policies. Republicans have been lashing out against Harris by characterizing her as a failed “border czar.” Shortly after taking office, President Joe Biden directed Harris to address the root causes of migration, but she was never put in charge of the border. Harris and the Democratic Party have cited the messaging of the far-right Project 2025, a proposal including mass deportations that Trump has tried to distance himself from, to dissuade voters from supporting a second Trump term.

In recent weeks, Trump and Vance have taken the immigration-policy-based criticisms to a new level by repeating unsubstantiated comments about Haitian immigrants in Springfield. They falsely claimed that Haitian immigrants were stealing and eating pets in the town.

During the presidential debate last week, Trump repeated the Springfield rumor. Though he was fact-checked by a moderator — Ohio officials have denied the claims — it was too late.

The rumor had already spiraled into an onslaught of racist memes and anti-immigrant sentiments online. In the days since the debate, Springfield has received threats of violence. Schools, the city hall and other government buildings were evacuated last week after bomb threats.

Of the TV news photos Zuchowski posted Friday, one showed Springfield with the chyron: “Kamala’s open borders are destroying small towns.” Zuchowski wrote that if residents made note of the homes with Harris campaign signage, they would “already have the addresses” of immigrants who came to Portage County after the election. He also took a jab at Harris’s laugh, another dig Trump and his allies have used against the vice president.

The posts stoked fear across Portage County residents, said Reney Romine, president of the county’s NAACP chapter. Portage County, which is about 180 miles northeast of Clark County, where Springfield is located, is a predominantly White area with lower-than-average immigration.

Since Sunday, Romine said she’s received calls and texts “constantly” from community members about the Facebook posts. They’ve told her they’re considering removing their yard signs. Some have said they feel unsure now about requesting help from the sheriff’s office. Others are worried about their safety while casting their ballot on Election Day.

“It’s hard to hear,” Romine said. “It’s hard to see.”

Anthony Badalamenti, a Republican county commissioner, said in a video that he would resign from the county’s Republican Central Committee, according to the Portager.

Zuchowski’s call to write down addresses, Badalamenti said, “prompted” him to make the video, in which he said the remark “scares people, it’s called bullying from the highest law enforcement in Portage County.”

Romine said the local NAACP chapter called an emergency meeting for later this week to talk about how to address the community’s concerns ahead of November.

“What a world it would be if we could all have our own opinions and still get along in that space,” she said. “You know, what happened to that?”

This post appeared first on washingtonpost.com

A judge has denied a request from Mark Meadows, who was Donald Trump’s White House chief of staff, to move the Arizona election-subversion-related prosecution against him from state court to federal court.

The ruling Monday by U.S. District Court judge John J. Tuchi in the district of Arizona is a further setback for Meadows, who unsuccessfully tried the same legal maneuver a year ago in a separate election interference case in Georgia.

Meadows has pleaded not guilty to nine felonies related to his alleged role in trying to subvert Joe Biden’s win in Arizona after the 2020 presidential election. He is one of 18 defendants indicted in April by a state grand jury, which determined that the defendants engaged in crimes including conspiracy, forgery and fraud when they tried to deliver the state’s 11 electoral votes to Trump instead of Biden.

In Monday’s ruling, the Arizona court found that Meadows had failed to “demonstrate that the conduct charged in the state’s prosecution relates to his former color of office as Chief of Staff to the President.”

“Although the Court credits Mr. Meadows’s theory that the Chief of Staff is responsible for acting as the President’s gatekeeper, that conclusion does not create a causal nexus between Mr. Meadows’s official authority and the charged conduct,” the court concluded.

Meadows’s lawyers did not immediately respond to requests for comment on Monday.

In both the Georgia and Arizona cases, Meadows had hoped a move to the federal court could lead to a quick dismissal of the case against him on the basis that as a federal officer he was immune from prosecution for acts taken in the course of his normal work.

“Mr. Meadows has the right to remove this matter because he has a federal defense of Supremacy Clause immunity to the State charge and Congress has provided that federal courts are the appropriate forum to adjudicate such issues,” his attorneys said in a July 26 motion. “The conduct giving rise to the charges in the indictment all occurred during his tenure and as part of his service as White House Chief of Staff.”

In the Georgia case, Meadows has asked the U.S. Supreme Court to overturn a lower-court ruling that rejected claims that his alleged conduct was tied to his official federal duties.

Sanchez reported from Phoenix.

This post appeared first on washingtonpost.com

Sen. JD Vance (R-Ohio) trekked to Georgia this week to give the keynote speech at a dinner hosted by the Faith & Freedom Coalition, an organization founded by longtime conservative activist Ralph Reed. Reed introduced Vance, praising the senator and encouraging the audience to work for his election.

“Can we agree that it’s time for the Christians to be the head and not the tail of our political system,” Reed said to cheers, “and turn out the biggest vote of people of faith in the history of this state?”

When it was his turn to speak, Vance lamented that so many people accused Christians of trying to impose their beliefs on others.

“While we’re disparaged by the media and disparaged by the Democrats as people who want to force our faith on other people,” Vance said, “I think I speak for every single person in this room, saying, we don’t want to force our faith on anybody.” Instead, he said, “what we want is to recognize and to have motivate us the faith that is, I think, the source of all great truth in human history, and especially in this country.”

After offering praise for the family as an institution, he explained the motivation behind his politics.

“We are motivated, in other words, by living our faith and ensuring that our public policy promotes the common good,” Vance said. “And I think that in this moment in time, in 2024, with all the violence and all the negative political rhetoric, we need to remember above and beyond that we must love our neighbors, that we must treat other people as we hope to be treated, and that we must love our God and let Him motivate us in how we enact public policy, and how we live our faith and how we can govern our nation.”

You, dear reader, may evaluate the extent to which a public policy motivated by the Christian faith is an effort to force that faith upon the country. Pew Research Center data, though, shows why this probably appeals to a gathering of Christian conservatives. Relatively few of those who voted for Donald Trump in 2020 were not religious; about a third were White evangelical Protestants. By contrast, about a third of those who voted for Joe Biden were not religious or not members of an organized religion.

There are about twice as many unaffiliated Americans as evangelicals, but they don’t vote as heavily.

It is obviously also ironic for Trump’s running mate to espouse a philosophy of loving one’s neighbor. Trump’s rhetoric has, since he began running for president nine years ago, been almost uniquely toxic, embracing and elevating hostility in ways that were previously rare in national politics. But this was in part why Trump was successful: He converted the latent power of partisan hostility manifested in the fringe-right media into votes.

He took advantage of a political system that has grown increasingly toxic and divided. It is not the case that only his party has grown contemptuous of its opponents, certainly, but polling — like the American National Election Study’s “thermometer” of feelings about political ideologies — shows a sharper downward turn among Republicans considering the term “liberal” than Democrats considering “conservative.”

Particularly over the past 20 years, the most loyal partisans have grown increasingly hostile to the other party’s presidential candidate.

One of the most recent striking measures of partisan hostility came after the death of O.J. Simpson this year. Partisans viewed Simpson — defendant in the most famous murder case in modern history — more favorably than the other party’s presidential candidate.

Into this context walks Vance with his love-thy-neighbor mantra. But, then, perhaps he’s only talking about literal neighbors, those who live near and interact with his audience. Before the 2020 election, Pew found that 6 in 10 Trump supporters and 5 in 10 Biden supporters knew a lot of people supporting the same candidate. Four in 10 in each group knew no one who supported the other candidate.

This is in part because of what’s been called “the big sort,” people moving into areas where others share their politics, either intentionally or as a function of other factors (like seeking jobs or attending college). The result is a significant increase in the number of counties where margins in presidential contests are lopsided — particularly in favor of Republican candidates.

We must, of course, also note the hypocrisy in Vance’s comments that was apparent to you at the outset. Vance is calling for a love-thy-neighbor approach after having spent a week disparaging legal Haitian immigrants to Ohio as disruptive, dangerous people who steal and eat their neighbors’ pets. His unsubstantiated claims have earned a broad rebuke, including from Republican officials in the state he represents, and after he embraced and elevated these toxic rumors, the town of Springfield faced a number of threats of violence.

New analysis from Bloomberg published Monday notes that recent immigrants to the United States have largely settled in more populous counties that voted for Biden in 2020. This isn’t surprising; immigrant have long settled overwhelmingly in cities with communities of other immigrants from their home countries, for obvious reasons. The analysis, though, reinforces that increases in immigrants in rural parts of the country are more unusual, potentially making scapegoating like that embraced by Vance easier and arguments about an erosion of “traditional America” more potent.

It is hard to reconcile Vance’s indifferent insults about Haitian immigrants with his insistence to the Georgia audience that “we must love our neighbors, that we must treat other people as we hope to be treated.” But the audience to whom he was speaking, a gathering of conservative Christians, didn’t seem particularly fazed by that inconsistency either.

Vance did at one point seek the audience’s forgiveness — should he use naughty words while running for vice president.

“I’d ask you to forgive me if you ever see me make a misstep on the campaign trail with my language,” he said, “but I came by it honestly.”

The audience tittered, recognizing that he meant things like the f-word, not his allegations that immigrants were stealing and eating pets or spreading disease. That’s just neighbor-loving.

This post appeared first on washingtonpost.com

Boeing announced sweeping cost cuts Monday, including a hiring freeze, a pause on nonessential staff travel and a reduction on supplier spending to preserve cash as it deals with a strike by more than 30,000 factory workers.

Boeing factory workers, mostly in the Seattle area, started walking off the job early Friday after overwhelmingly rejecting a tentative labor deal, halting most of Boeing’s aircraft production.

The manufacturer will make “significant reductions” to supplier spending and stop most purchase orders for its 737 Max, 767 and 777 jetliners, CFO Brian West said in a note to staff. It was the first clear sign of how the strike will affect the hundreds of suppliers that rely on Boeing work.

The financial impact of the strike will depend on how long it lasts, but Boeing is focused on conserving cash, West said at a Morgan Stanley conference Friday. He said the company’s new CEO, Kelly Ortberg, wants to get back to the bargaining table right away to reach a new deal.

“We are also considering the difficult step of temporary furloughs for many employees, managers and executives in the coming weeks,” West said.

On Friday, Moody’s put all of Boeing’s credit ratings on review for a downgrade and Fitch Ratings said a prolonged strike could put Boeing at risk of a downgrade. That could drive up the borrowing costs of a manufacturer that already has mounting debt.

Boeing burned about $8 billion in the first half of the year as production slowed in the wake of a near-catastrophic door-panel blowout at the start of the year.

This post appeared first on NBC NEWS