Asking customers not to bring guns into stores is one thing. Enforcing the policy is another
- New York (CNN Business) - Walmart and seven other retailers made major political statements earlier this month when they asked customers not to openly carry firearms in their stores.
- Educating workers about how and when to approach armed customers requires training, and many employees may feel uncomfortable about asking gunholders to leave a store.
- If a customer does not abide with a store's clearly posted rules, or if someone ignores an employee's instructions to leave, it may be considered trespassing, said Andrew Karwoski, deputy director of state policy for advocacy group Everytown for Gun Safety.
- But if customers or employees feel uncomfortable about someone openly carrying a gun, Walmart managers or a member of the security team may approach that person to remind them of the policy.
- But the result of this policy so far is that some people are still openly carrying guns into Walmart stores, leaving employees feeling vulnerable.
Blackstone CEO Steve Schwarzman on Kara Swisher podcast Recode Decode
- He’s an adviser to President Trump — but he also wants to see a national $15 minimum wage and an overhaul of the H-1B visa program.
- But on the new podcast episode, he shared a series of policy goals — including a national $15 minimum wage and public education reforms.
- On the new podcast, Schwarzman also talked about how he would like to see America’s immigration policies reformed, and criticized Democrats for trying to “bundle” improvements to the H-1B visa program with policies that would address illegal immigration.
- He also stressed the importance of the Deferred Action for Childhood Arrivals (DACA) program for young unauthorized immigrants, which Trump has been trying to end since 2017; the Supreme Court will consider the program’s fate in November.
First poll after third Democratic debate shows Biden leading but Warren rising
- 13-16 and with a margin of error of plus or minus 4.36 percentage points for results among Democratic primary voters, showed Biden with 31% and Warren with 25%.
- The poll has Warren up 7 points since early July, the last time NBC and the Wall Street Journal released a poll, and is another survey showing Warren's support has grown in recent months.
- Sen. Bernie Sanders of Vermont was at 14%, South Bend, Indiana, Mayor Pete Buttigieg at 7% and Sen. Kamala Harris of California at 5%.
- Businessman Andrew Yang clocked in at 4%, Sen. Amy Klobuchar of Minnesota at 2% and Sen.
- Warren's popularity came through in another facet of the poll: Thirty-five percent of Democratic primary voters say they would be enthusiastic about Warren, topping each of the other candidates tested on that measure by 10 points or more.
2020 Democratic candidates want to undo Trump's policies through executive action — and go much farther
- Much like his predecessor, President Donald Trump has adopted a favorable view towards executive power as a way of achieving policy goals quickly without needing to go through a gridlocked Congress.
- According to the Federal Register, Trump has issued 122 executive orders in the first two years of his presidency — and many of them have rolled back regulations on the environment, energy and imposed stricter controls on immigration.
- And then Sen. Bernie Sanders and Warren have championed the Green New Deal and Medicare for All, two sweeping progressive ideas that are not likely to find substantial support among Republicans.
- But the extent to which Democrats can implement their plans and do an end run around Congress is unclear, given that Medicare for All and the Green New Deal would require remaking vast segments of the American economy.
Facebook's new policy Supreme Court could override Zuckerberg
- And it maintains that “Facebook will support the board to the extent that requests are technically and operationally feasible and consistent with a reasonable allocation of Facebook’s resources”, giving it the right to decide if it should apply the precedent of Oversight Board verdicts to similar cases or broadly implement its policy guidance.
- Facebook can also directly ask the Oversight Board to review policy decisions or specific cases, especially urgent ones with real-world consequences.
- Because of these sections I’ve bolded, Facebook has the ability to decide it would be operationally infeasible to do what the board decided in every situation, merely take the guidance into account for future policy-making, and choose whether implementation is a reasonable allocation of capital and staff.
- If Facebook just declines to broadly change its policy to fit the board’s recommendation, all the board can do is make binding decisions on specific cases.
U.S. Treasury Yields Fall Ahead of Fed Bombshell – CCN.com
- U.S. government debt yields fell on Tuesday, extending their losses for the week as investors assessed mixed messages about the economy heading into the Federal Reserve’s upcoming policy decision.
- The price of U.S. government bonds rose on Tuesday, pushing yields down.
- The yield on the benchmark 10-year Treasury fell nearly 5 basis points to a low of 1.79%, according to CNBC data.
- The 2-year Treasury bond saw its yield fall to a low of 1.72%, which was also a decline of almost 5 basis points.
- Yields on the 30-year Treasury note fell nearly 6 basis points to 2.25%.
- The Federal Reserve will deliver its latest policy verdict on Wednesday amid confusion about which way officials will vote.
- At last check, the chance of a rate cut on Wednesday is almost 50-50, according to Fed Fund futures prices.
8 major retailers including Walmart, CVS, and Aldi are banning open carry of firearms in stores in the wake of deadly shootings
- After initially stating it would not change its gun sales policies after shootings in stores in Texas and Mississippi, Walmart announced it would ask shoppers not to openly carry firearms in its stores.
- Following Walmart's lead, at least seven other chains have announced similar changes in gun-carrying policies in their stores in less than a week.
- Walmart started the wave of changes on Tuesday when it said it would ask shoppers not to openly carry firearms in its stores.
- Kroger made a similar announcement regarding its open-carry policy in its stores just hours after Walmart.
- Walgreens said in a statement on Thursday that it would no longer permit its shoppers to openly carry firearms in its stores, joining Walmart and Kroger in shifting policies related to carrying guns.
- Wegmans, another grocery chain, publicly asked its customers to stop carrying firearms in its stores on Twitter Thursday.
Trump says a trade deal with China might not happen until after the 2020 elections
- The meetings are meant to pave the way for higher-level negotiations, but the two sides remain divided on key issues.
- Trade Representative Robert Lighthizer has similarly told business executives that it had been a challenge to reach a deal and that the two sides had a significant amount of work left to do, Chamber of Commerce chief executive Tom Donohue said at a press conference Monday.
- The Trump administration has struggled to make tangible progress on trade issues in China that it identified in a Section 301 investigation last year, such as intellectual property theft and how to enforce any new rules to address it.
- He has for months sought to open the market in China back up to American farmers, who have dealt with steep retaliatory tariffs on agricultural products for more than a year.
Macron announces €5 billion late-stage investment pledge from institutional investors
- French president Emmanuel Macron announced in a speech ahead of France Digitale Day that the French government has convinced institutional investors to invest more heavily in late-stage VC funds and asset managers in one way or another.
- Institutional investors have committed to investing $5.5 billion (€5 billion).
- In addition to that financial pledge, the French government wants to break down any hurdle that prevents French startups from raising $100 million+ funding round in France, becoming a unicorn and eventually going public.
- Since then, the French tech ecosystem has thrived, but without any radical policy change to shake things up.
- But today marks a departure as it’s all about startups, startups and startups.
Trump will likely be let down on his demand for a ‘Big Interest Rate Drop’ this week
- Businesses and investors will breathe a sigh of relief this week if the Federal Reserve takes steps to insulate the economy from growing risks, as is widely expected.
- Policymakers are poised to lower interest rates Wednesday for the second time since the financial crisis, bringing the target range a quarter percentage point lower to between 1.75% and 2%.
- The White House began to call for large interest-rate cuts over the past several months, ranging from a half a percentage point to nearly four times that amount.
- In the weeks since a key recession warning flashed, Trump has often in the same breath floated plans to stimulate the economy and downplayed concerns about growth.
- He has also sought to shift any blame away from his escalating trade dispute with China, which has increasingly weighed on business outlooks and rattled financial markets in the US.