Ted Galen Carpenter Security, Middle East American policy in Syria has been a string of embarrassing episodes. It’s time to cut the losses. Relations between Moscow and Washington continue to deteriorate over a variety of issues. Contrary to the expectations of Americans who favor a more conciliatory policy toward Russia (and contrary to the fears of those who believe that a confrontational stance is necessary), the frigid bilateral relationship during Barack Obama’s administration has not warmed under Donald Trump. The new president retreated from indications he gave during the 2016 presidential election campaign that he would reconsider the economic sanctions that his predecessor imposed following Russia’s annexation of Crimea and Moscow’s support for separatist forces in eastern Ukraine. Beyond the administration’s policy retreat, Congress is in a militant, anti-Russia mood. The Senate just voted 98-2 to impose additional sanctions on Moscow in retaliation to the Putin government’s alleged interference in America’s 2016 elections. An avalanche of vitriolic denunciations of Vladimir Putin and Russian behavior in general preceded that vote and have been a staple of the media for months. Russian officials are reacting with growing resentment and anger to Washington’s mounting displays of hostility. On one issue, Syria, bilateral tensions especially are flaring to an alarming extent. That animosity has been building for years. Obama administration officials openly backed the Sunni-dominated insurgency that has waged a war for nearly six years to oust Bashar al-Assad’s religious-minority (Alawite, Druze and Christian) regime. Moscow deeply resented the U.S. position, since the Assad family has been a long-time Russian geopolitical client. After seething for more than four years about Washington’s intrusion into a country that the Kremlin regards as part of Russia’s rightful sphere of influence, Putin deployed military forces in 2015 to back the beleaguered Assad government. With U.S. military personnel already operating in Syria to assist selected rebel factions, that move created an inherently dangerous situation. Read full article
Reuters has learned private equity firm Sycamore Partners is in advanced talks to buy the U.S.' largest office supplies retailer. Fred Katayama reports. Subscribe: http://smarturl.it/reuterssubscribe More updates and breaking news: http://smarturl.it/BreakingNews Reuters tells the world's stories like no one else. As the largest international multimedia news provider, Reuters provides coverage around the globe and across topics including business, financial, national, and international news. For over 160 years, Reuters has maintained its reputation for speed, accuracy, and impact while providing exclusives, incisive commentary and forward-looking analysis. http://reuters.com/ https://www.facebook.com/Reuters https://plus.google.com/u/0/s/reuters https://twitter.com/Reuters
Banxico has been aggressively hiking rates. Finance Minister Jose Antonio Meade sees rate cuts beginning as early as the end of this year.
Per Reuters, Sycamore Partners, a private equity firm is in negotiation with Staples, Inc. (SPLS) to acquire its business.
Shares of food company Treehouse Foods, Inc. (THS) underperformed both the Zacks categorized industry and the broader Consumer Staples sector as can be seen in the past three months' performance.
Diageo (DEO) is set to acquire the U.S. fastest-growing premium tequila brand, Casamigos, in a deal worth $1 billion.
In an attempt to fortify its position in home care and personal care products, Unilever PLC (UL) has been striking many strategic deals over the last few quarters.
Американский фонд прямых инвестиций Sycamore Partners ведет переговоры о покупке сети магазинов канцелярских и офисных товаров Staples Inc., пишет MarketWatch.
The acquisition would come a year after a U.S. federal judge thwarted a merger between Staples and peer Office Depot Inc on antitrust grounds. It would represent a bet by Sycamore that Staples could more quickly shift its business model from serving consumers to catering to companies if it were to go private.
Shares of meat processor Tyson Foods, Inc. (TSN), which have declined around 2.0% in the past one year, have been rising higher since past one month.
Shares of Dunkin' Brand Group, Inc. (DNKN) closed the day down 3.98% to $54.48 per share following Dunkin' executives conceding that McDonald's Corporation (MCD) and Burger King, owned by Restaurant Brands International (QSR), have been cutting into afternoon traffic.
The Clippers are negotiating with the Inglewood City Council over a plot of land with the goal of getting a state-of-the-art arena built to house the team in 2024 when their lease is up with Anschutz Entertainment Group at Staples Center. The move is motivated by the Clippers desire for...
Florida has long struggled to take the lead in the State Most Hostile To Public Education contest, with North Carolina, Wisconsin and Nevada giving some real competition. But last week, Florida’s legislature and governor took a decisive leap forward. Let there be no doubt ― no state is more hostile to the very idea of public education than Florida. Can I give you a quick list of the many ways that Florida has spat on public education in the past? They tried to undermine the teaching of science. They have remained studiously devoted to the idea of the Big Standardized Test, even though they can’t seem to get one right (and even to the point of cancelling actual education and requiring students to pledge allegiance to the test). But their devotion to the BS Test is so great that they hounded the mother of a dying child and went to court to keep children out of fourth grade who had demonstrated mastery of reading― but not on the BS Test. They have committed to a merit pay plan (well, with every kind of commitment except funding) that is one of the dumbest and most insulting versions of the oft-disproven concept of merit pay ever seen. They have turned recess into a political football. They have stood in a courtroom and declared that teacher-given grades are meaningless. They implement bad retail management practices in their education system. They serve as the home base for FEE, the astro-turf edu-group that was supposed to help propel Jeb! Bush to the White House (as well as other failed astro-turf for the Common Core failures). In the face of a teacher shortage, they got rid of tenure and have since used it make the shortage worse by purging teachers who speak up about abuses they see. They host some of the research in How To Replace Teachers (and Students) With CGI Avatars, as well as some disastrously failed Gates “research” about teaching. They are pioneers in the destructive and not-remotely-useful A-F school grading system. And while they have pursued these new horizons in the destruction of public schools and the teaching profession, they’ve also kept the door open so that good old-fashioned racist underfunding of public schools can continue unimpeded. But then, letting terrible crap happen without standing in its way (well, unless it’s those third graders trying to avoid passing the Big Standardized Test) is what Florida does best. They have left the field for charter schools wide open, while doing their best to hamper public schools so that charters would look by comparison. Which is a challenge, because in Florida we have so many awesome charters to choose from. How about the charter that fired an English teacher for assigning actual reading? How about a charter organization making money for a former model, but not actually educating anyone? Or a charter that’s run only to enrich a family, but which fires its whole staff. Or a charter that abruptly closes mid-year. Here’s an entire report that captures pages of Florida charter frauds and scams, because none of these examples is unique within the state. And Secretary of Education Betsy DeVos regularly holds Florida up as an exemplar. But for some of Florida’s education ― well, “leaders” isn’t exactly the word, so let’s call them Buckaneers, after the brave pirates who used to raid Florida in days of old, and yes, I spelled it with a K on purpose ― anyway, those guys didn’t see enough destruction happening fast enough, and so, HB 7069. Florida HB 7069 is everything there is to hate about the legislative process. The Miami Herald figures there are pieces of 55 old bills stapled together in this ugly dog. Cobbled together in some collection of dark back rooms, it offers a giant poop sandwich with a pickle on top, in hopes that people who like pickles will buy it. Except that, in the end, the Florida GOP didn’t make any real effort to sell it to anyone, though some of the charters that stood to profit from it assigned letter-writing duties to their parents. And some newspapers played along ― the Orlando Sentinel, in a truly amazing display of journalistic malpractice, covered the story as a bill “to scale back testing.” The whole business came down to an 11th-hour hope that if enough opposition could be mustered to the bill, Gov. Rick Scott would accidentally follow his naked self-interested into doing the right thing and veto this unholy bastard of a bill. That did not happen. In fact, because simply signing the bill wasn’t enough of a big fat “F@#! You!” to all supporters of public education, Scott signed the bill in a Catholic School, like the faithless jerk who cheats on you with some loose sleazebag, and then brings the sleazebag to the family picnic, just to rub it in your face. The bill includes hundreds of pages, but opponents and supporters agree on what it does― the bill shifts millions of taxpayer dollars from public education to the charter industry. Senator Linda Stewart summed it up pretty well here in her comments: The legislation you signed today gives to the charter school industry a free hand and promises them a bountiful reward. It allows corporations with no track record of success, no obligation to struggling students, and no mandated standards of accountability to flourish, with the sole obligation to their shareholders. Not the public. Not to well-intentioned parents desperate to see their children succeed – but to a group of investors who have made a business decision to add these companies to their portfolios because they are interested in making money. Opposition to the bill was widespread, and the cause for its support was not hard to figure out. Check out some of the leaders of the initiative. There’s House Speaker Richard Corcoran, whose wife runs a charter school in Pasco County. (He’s also the guy who reportedly insisted on the “poop sandwich withy pickle” political strategy for creating the bill). There’s Rep Manny Diaz, who runs a pretend college that lets charter students pretend they are taking college course. There’s bill co-sponsor Rep. Erik Fresen, who works as a $150,000-a-year consultant for Civica, an architectural firm that specializes in charter school buildings. Diaz and Fresen also work for Academica, a big time Florida charter chain. And the legislators did consult some folks as well, according to Gary Fineout, an AP reporter who has covered many Florida crazy-pants education stories: Rep. Michael Bileca, a Miami Republican and chairman of the House Education Committee, said legislators met with charter school operators and asked what it would take for them to set up schools in the neighborhoods now served by traditional public schools. He said one answer was that they needed help paying for new buildings to house the school. Voila! HB 7069 gives charters the ability to just go ahead and suck up tax dollars for purposes like buying or building facilities. The bill also provides the cynically-named “Schools of Hope,” which is an unbridled license for charter schools to expand in markets where the public school has been sufficiently weakened ― and no requirement to accept the students from that community. The state’s voucher program has been expanded. And a charter no longer needs the permission of a local district to expand ― just its money. There are yet more amazing features (after all, it’s almost 300 pages). Charter schools get to “grade” districts (but not, of course, vice versa). Title I funds are up for redistribution. New charters may ignore local zoning laws. Charters may of course hire any warm body they like, regardless of qualifications. And in a particularly baldfaced unsupportable move, HB 7069 says that if Chris does a lousy job as a student at Gotrox Charter Academy, then goes back to public school, the public school has to count all of Chris’s failure in their public school grade. It is true that HB 7069 does stop short of, say, allowing charter operators to take the food from in front of students in public school cafeterias. Nor does it allow charter operators to attack public school buildings with tanks or bazookas. But charter advocates are peeing themselves with glee. It is absolutely open season on public education in Florida, with the traditional system to be replaced with a corporate marketplace with a single purpose ― to make a bunch of money while pretending to sort of educate a select few students, kind of. Students will be at the mercy of whatever the market wants to offer them, while the children of the rich will head off to private schools. What happens when the state burns down your public school and no reputable or competent charter wants you? Some Floridians are about to find out. There is no pretending this will serve students. Florida’s education system has already been failing masses of students by gutting public schools and replacing them with unregulated, unqualified, unscrupulous charter operators, and this bill openly and deliberately accelerates that process. North Carolina has been trying hard to show us what one-party rule with no regard for democracy or the rights of citizens looks like, but it turns out they are just wanna-be’s compared to the money-hungry back-room operators of the Florida GOP. I have seen on the twitterverse that some legislators may have voted for this abomination thinking that Scott would veto it (which ― really? Have you met your governor) and that other folks failed to speak out because they really like pickles and didn’t believe the poop would be that hard to choke down. Shame on all of them. I know there are still good schools and good teachers left in Florida, but their uphill struggle only gets steeper from this point. After last week’s action, I wouldn’t send my worst enemy to teach in Florida, nor their children to go to school there. And do not forget ― This is what Betsy DeVos thinks is an example for us all. This is what she thinks the whole country should look like. Originally posted at Curmudgucation -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
Shares of United Natural (UNFI) have declined almost 14% since the company reported disappointing third-quarter fiscal 2017 results on Jun 6.
ViaSat, Inc. (VSAT) recently announced that it has clinched a multi-year deal from premium aircraft manufacturing behemoth, The Boeing Company (BA), to supply Small Tactical Terminals (STT) that are used in AH-64E Apache Guardian helicopters.
Philip Morris (PM) intends to invest roughly $320 million for building a Smoke-Free Product facility in Dresden, Germany.