Archive

2024

Browsing

Sen. Tom Cotton of Arkansas is in the Trump running mate spotlight.

The Army veteran, who served in combat in the Iraq and Afghanistan wars before becoming a rising star in Republican Party politics, has been viewed as a potential running mate since he endorsed the former president in early January, two weeks ahead of the Iowa caucuses.

But a report last week that Cotton may be moving up on Trump’s list for the GOP’s vice presidential nominee sparked a slew of stories in recent days about the senator.

Rarely mentioned was that Cotton seriously mulled a 2024 White House run of his own before deciding against it in late 2022.

Cotton, who won re-election by a landslide in the 2020 Senate election in red-state Arkansas, spent plenty of time in 2021 and 2022 on the campaign trail on behalf of fellow Republicans running in the midterm elections. And those trips brought the senator multiple times to Iowa and New Hampshire, which for a half century have led off the GOP’s presidential nominating calendar.

The senator also bolstered his fundraising and political operation, and expanded his national profile with a book on military history.

But days before the 2022 midterms, Cotton announced he wouldn’t run for the White House in 2024.

And in his first interview after announcing his decision, the senator emphasized why he didn’t run.

‘Family was really the only consideration,’ he told Fox News Digital.

The now-47-year-old senator and his wife Anna are the parents of two young boys.

‘My boys are age 7 and 5. They’re old enough to know that dad’s gone and be sad about it, but not old enough to understand the purpose and why it all matters and why the sacrifice is worth it,’ Cotton said at the time. ‘I am pretty sure Republican voters can find another nominee, but I know that my sons can’t find another dad for the next two years.’

The senator added that ‘over the next two years my 7-year-old will learn to hit the fastball and my 5-year-old will learn to read, and I want to be there to teach them both.’

But Cotton left the door wide open to a future White House run, emphasizing, ‘this is a decision only about this 2024 race and this time for my family. We’ll make a decision about future races in the future, especially as my boys get older and understand more about why I do the work I do and what it means for them and for our country.’

And he also said at the time that he’d consider serving in a GOP administration.

‘Under the right circumstances, if a Republican president asked me to consider such a job, I’d of course consider it any time a president asks one to serve the nation,’ Cotton said.

Fast-forward nearly two years and Cotton told Fox News’ Brett Baier last week that he and Trump have had a few conversations ‘about what it’s going to take to win this election in November, to elect President Trump to another term in the White House and elect a Republican Congress so we can begin to repair the damage that Joe Biden’s presidency has inflicted on this country.’

But the senator said that neither Trump nor his campaign had reached out to him regarding serving as running mate.

‘I suspect only Donald Trump knows who’s really on his short list,’ Cotton added in his interview on Fox News’ ‘Special Report.’

This post appeared first on FOX NEWS

Former President Bill Clinton and former Secretary of State Hillary Clinton will host an exclusive fundraising dinner for President Biden in Virginia next month.

The June 18 event is being hosted by former Virginia Gov. Terry McAuliffe, and will come just days after another fundraiser in Los Angeles that will feature President Barack Obama in addition to Biden and Clinton. That event is being hosted by actor George Clooney.

The multi-president fundraising strategy has proven successful in the past, with Biden outraising former President Trump in the 2024 cycle, according to Open Secrets. A similar program in New York raked in $26 million in a single night in New York.

Biden is facing pressure to maintain that lead, however, as Trump’s campaign received $76 million in donations in April, compared to the Biden campaign’s $51 million.

The fundraising totals were a switch from March, when Biden and the DNC brought in roughly $90 million compared to $65.6 million for Trump and the RNC. Biden is still beating Trump when it comes to cash on hand, with his campaign and related committees sitting on $192 million.

Biden had regularly been outpacing Trump in monthly fundraising, but Trump’s April haul was boosted by a record-setting $50.5 million that the former president’s campaign raked in at a single event early in the month with top dollar GOP donors at the Palm Beach, Florida, home of billionaire investor John Paulson.

The Biden campaign has spotlighted its small dollar donations, saying ‘a majority of April’s raise came from grassroots donors, and one million more supporters were added to our email list in the month alone.’

They also took aim at Trump, arguing that his campaign ‘has focused nearly entirely on courting billionaire donors, maxing out early in the cycle instead of building a durable grassroots fundraising program.’

In their announcement earlier this month, Trump campaign senior advisers Chris LaCivita and Susie Wiles pointed to their grassroots fundraising prowess, saying that ‘with half of funds raised coming from small dollar donors, it is clear that our base is energized.’

And they pledged that ‘we are raising the resources necessary to deliver a victory in November.’

This post appeared first on FOX NEWS

JERUSALEM – Israeli Prime Minister Benjamin Netanyahu and his nation’s military on Monday flatly refuted claims that the country’s air force aimed to harm civilians in its strike that eliminated two senior Hamas terrorist leaders on Sunday, the same day Hamas launched its most recent barrage of missiles into densely populated areas of Israel.

There are mixed reports about the number of civilians killed in the Rafah strike. The Hamas-run health ministry claimed at least 45 people died, and other outlets have quoted up to 50 deaths.

According to Reuters in a speech to the Israeli parliament on Monday, Netanyahu said, ‘In Rafah, we already evacuated about one million non-combatants residents and despite our upmost effort not to harm non-combatants, something unfortunately went tragically wrong. We are investigating the incident and will reach conclusions because this is our policy.’

A statement released by a spokesman for the Biden administration’s National Security Council on Monday said, ‘The devastating images following an IDF strike in Rafah last night that killed dozens of innocent Palestinians are heartbreaking.’

The statement continued, ‘Israel has a right to go after Hamas, and we understand this strike killed two senior Hamas terrorists who are responsible for attacks against Israeli civilians. But as we’ve been clear, Israel must take every precaution possible to protect civilians. We are actively engaging the IDF and partners on the ground to assess what happened, and understand that the IDF is conducting an investigation.’

Hamas does not differentiate between civilians and terrorists. Fox News Digital reported in March that an Ivy League statistician argued that Hamas’ death toll numbers are not trustworthy.

‘Before the strike, a number of steps were taken to reduce the risk of harming uninvolved civilians during the strike, including conducting aerial surveillance, the deployment of precise munitions by the IAF, and additional intelligence information. Based on these measures, it was assessed that there would be no expected harm to uninvolved civilians,’ said the Israel Defense Forces (IDF) statement, which added, ‘In addition, the strike did not occur in the Humanitarian Area in Al-Mawasi, to which the IDF has encouraged civilians to evacuate.’

The IDF’s statement continued, ‘The incident is under the investigation of the General Staff’s Fact-Finding and Assessment Mechanism, which is an independent body responsible for examining exceptional incidents in combat. The General Staff’s Fact-Finding and Assessment Mechanism is investigating the circumstances of the deaths of civilians in the area of the strike. The IDF regrets any harm to uninvolved civilians during combat.’

The military advocate general, Maj. Gen. Yifat Tomer-Yerushalmi, directed the General Staff’s Fact-Finding and Assessment Mechanism to investigate the strike carried out in Rafah, noted the IDF statement.

Hamas said in a statement that the terrorist organization sought to hit Israel’s Mediterranean metropolis: ‘We fired a large salvo at Tel Aviv in response to the Zionist massacres of civilians.’

The EU and U.S.-designated terrorist movement Hamas has for over a decade launched rockets at civilians in Israel, triggering a series of mini-wars with the Jewish state.

According to the IDF, ‘Yesterday, IAF aircraft conducted an intelligence-based strike in the area of Rafah against significant terror targets, including senior terrorists in Hamas’ Judea and Samaria Wing who directed terror attacks in Judea and Samaria and carried out murderous attacks against Israeli civilians.’

The IDF added, ‘The strike was carried out based on prior intelligence information regarding the presence of the senior Hamas terrorists at the site of the strike.’

The two Hamas leaders killed  were Yassin Rabia, the commander of Hamas’ leadership in Judea and Samaria (the biblical name for the West Bank), and Khaled Nagar, a senior official in Hamas who oversaw the Judea and Samaria wing.

The IDF statement, with a possible view toward alleged Hamas propaganda, also said, ‘Claims that the strike was conducted using seven munitions weighing a ton are false. The strike was conducted using two munitions with a reduced warhead aimed specifically for a strike of these types of targets.’

Tor Wennesland, the U.N. special coordinator for the Middle East peace process, condemned the strike in a statement issued Monday. ‘I condemn last night’s Israeli airstrikes which hit tents for displaced people in the southern Gaza city of Rafah and have tragically led to the reported loss of more than 35 Palestinian lives, including women and children, and dozens of injuries.’

He continued, ‘While the IDF said it struck a Hamas installation and killed two senior Hamas militants in the strikes, I am deeply troubled by the deaths of so many women and children in an area where people have sought shelter.’

IDF spokesman Peter Lerner took to X to debunk a Hamas source who appeared in media reports to inflate the number of casualties and claimed the strike unfolded in the humanitarian area. 

Lerner wrote, ‘Muhammad Abu Hani, quoted is a Hamas official. He appears to be the source of the widely reported claim that the IAF targeted the humanitarian zone. Is he also the source of the reports from the same ‘civil defense’ of 50 people killed in the strike? A number published by many of the world media. Fact: The strike never took place in the designated humanitarian zone.’

Reuters contributed to this report.

This post appeared first on FOX NEWS

The Libertarian Party nominated political activist Chase Oliver as its nominee for president at its convention Sunday, rejecting former President Trump and Robert F. Kennedy Jr.’s long-shot bids for the party’s nomination.

Oliver secured the nomination in the seventh round of voting after sitting in second place for the first five rounds. He received nearly 60% of the vote in the final round, finally clearing the 50% threshold required for victory, with his final opponent being the ‘none of the above’ option.

The last candidate to challenge Oliver was professor-turned-podcaster Michael Rectenwald, who was eliminated in the sixth round after leading in each of the first five rounds. Oliver overcame Rectenwald in the final two rounds after candidate Mike ter Maat was eliminated in the fifth round and endorsed Oliver in exchange for being named his vice presidential choice.

‘I will continue to bring a hopeful and positive message of liberty to both those who consider themselves libertarian and those who don’t know they are libertarian yet,’ Oliver said in his victory speech.

According to the party’s platform, libertarians value small government and individual freedoms. They tend to oppose war and funding other nations’ wars, the War on Drugs, the death penalty, spying on Americans, taxes, running up the federal deficit and pandemic lockdowns while supporting gun rights, LGBTQ+ rights, freedom of expression and other freedoms that do not infringe on the rights of others.

Trump, who is the GOP nominee for president, delivered a speech Saturday night at the Libertarian convention in Washington, D.C., where he was repeatedly booed by some members in attendance.

The former president did not qualify for the Libertarian nomination, and he received very few write-in votes on Sunday — just six in the first round.

Following Trump’s speech at the convention on Saturday, Oliver said: ‘I don’t like having a war criminal on this stage.’

Kennedy, an independent presidential candidate who had sought the Libertarian nomination, received a more welcoming reception when he spoke at the convention on Friday, hitting both Trump and President Biden for their handling of the COVID-19 pandemic. He spoke of his support for the Libertarians and said an endorsement could have helped him expedite the process of gaining ballot access in all 50 states.

The independent White House hopeful received just 19 votes in the first round of voting at the convention on Sunday.

Nominee Oliver, an activist from Atlanta, Georgia, is calling for major cuts to the federal budget with the goal of balancing the budget, the end to the death penalty, the closure of all overseas military bases and the ending of military support to Israel and Ukraine amid their respective wars.

He has also said he would pardon WikiLeaks founder Julian Assange, who the Trump administration indicted, as well as NSA whistleblower Edward Snowden and anonymous marketplace website Silk Road founder Ross Ulbricht.

Oliver forced a runoff in the 2022 Georgia Senate election between Democrat Sen. Raphael Warnock and former football star, Republican Herschel Walker. He also previously ran for the U.S. House.

His victory Sunday night delivered a blow to the Mises Caucus, the right-leaning faction that took control of the Libertarian Party at its convention two years ago. The Mises Caucus, which supported Rectenwald, had orchestrated Trump’s appearance at the convention.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

Standing across from Taiwan’s newly elected president on Monday, House Foreign Affairs Chairman Michael McCaul, R-Texas, drew a stark parallel between China’s hostility toward the island and the tension that wracked the globe during World War II.

‘All democracies must stand together against aggression and tyranny, whether it’s [Vladimir Putin] and Russia, the ayatollah of Iran, or Chairman Xi next door to us in China – an unholy alliance is eroding peace around the world,’ McCaul said. ‘Not since World War II, my father’s war, have we seen such blatant violence and naked aggression.’

The Texas Republican is leading a multi-day diplomatic trip to Taipei with a bipartisan coalition of House lawmakers. The group met with Taiwanese President Lai Ching-tse and Foreign Minister Jaushieh Joseph Wu on their first full day – the first U.S. delegation to meet with the new officials since they took office a little over a week ago.

‘I gave them some updates on the weapons and some other things we’re doing to help them, but they just wanted me to know that the threat was getting very intense from Chairman Xi,’ McCaul told Fox News Digital after the meetings.

Rep. Young Kim, R-Calif., chair of the Foreign Affairs panel’s Indo-Pacific subcommittee, told Fox News Digital, ‘I thought both meetings went very productively today, we had frank conversations.’

‘In all of our conversations, one thing was made very clear. Nobody wants conflict in the Taiwan Strait,’ Kim said. ‘Our goal is not to think about an invasion or a potential conflict, our goal is to ensure there is that deterrence by providing Taiwan what they need to protect themselves and defend themselves.’

The delegation is also made up of House Taiwan Caucus co-chair Rep. Andy Barr, R-Ky., as well as Reps. Joe Wilson, R-S.C., Jimmy Panetta, D-Calif., and Chrissy Houlahan, D-Pa.

Both the Taiwanese and U.S. leaders made clear that China’s aggression in the Indo-Pacific is creating an increasingly dire situation.

It comes days after China encircled the island with dozens of warships and military planes as ‘punishment’ for Lai’s advocacy for a free and independent Taiwan, according to Beijing’s Defense Ministry.

During his remarks to media after the lawmakers’ meeting with Lai, Foreign Minister Wu darkly joked that China had ‘welcomed’ the U.S. delegation with its military drills.

McCaul called it an ‘intimidation tactic to punish democracy.’

‘They don’t like democracy. I know Chairman Xi would often tell [Former Taiwanese President Tsai] that… democracy doesn’t work. Democracy is dysfunctional, democracy is broken,’ he said during the press conference. ‘In his government, there is no freedom. There is no democracy. And the people have no power whatsoever.’

Referencing China launching military drills around the same time as his trip to Taiwan last year, McCaul quipped, ‘I’m starting to think it’s me they don’t like.’

Wu said of the lawmakers’ visit, ‘In this critical time, it’s a powerful gesture. It’s a powerful display of the strong bipartisan support for Taiwan by the United States.’

During his earlier remarks at the presidential office, Lai referenced former U.S. President Reagan’s foreign policy of peace through strength.

‘Therefore moving forward, I will enhance reform and bolster national defense, showing the world the Taiwanese People’s determination to defend their homeland,’ Lai said.

The camaraderie between the U.S. lawmakers and Taiwanese officials was palpable during both meetings. 

In a lighthearted moment before his remarks with Lai, McCaul modeled the American-made Stetson he brought as a gift for Lai. The two men shared a hug and handshake after the conclusion of their public remarks.

This post appeared first on FOX NEWS

Let’s jump right in. For me, everything starts at the TOP. I take a top-down approach to trading. And when I say “the TOP”, I mean market direction.

Step 1: Is it a Bull or Bear Market?

Listen, this is a very easy step to me. Look at a LONG-TERM chart of the S&P 500. Are prices moving UP from left to right? Or are they moving DOWN from left to right? It’s that simple. Stop trying to figure out why it’s going up or down. Don’t interject your own personal biases into it. Just look at the chart and answer the question:

I have stripped out nearly all technical indicators. There’s no volume. There are no momentum indicators like the PPO, MACD, RSI, or Stochastic. There are no moving averages. This is nothing more than a 10-year weekly price chart of the S&P 500, NASDAQ 100, and the broader NYSE. What do you see as you look across this chart from left to right? Is there a debate here? The stock market has been moving higher for YEARS (with occasional weakness)!!!! If you find yourself constantly being in cash or, worse yet, trying to short sell stocks, because YOU think stocks are overvalued, you have missed out on creating enormous personal wealth. STOP doing that!

We are heavily influenced by listening to news, whether you believe so or not. I remember my parents talking about the enormous debt of the U.S. back in the 1970s and that discussion has never ended. Meanwhile, $1 invested in the S&P 500 on January 1, 1980, is now worth $50 (prior to adjusting for inflation). So the absolute FIRST STEP in becoming a better investor/trader is to understand that your odds of making money are MUCH, MUCH BETTER on the long side than on the short side. Shorting stocks should be considered very infrequently and only when the chart is moving DOWN from left to right. Calling for repeated tops in a bull market is financial suicide. The trend is your friend, right?

Step 2: Sectors, Industries, and Stocks Are Not Created Equal

The Semiconductors Index ($DJUSSC) is an industry group loaded with high-octane, growth companies. As our economy and GDP grow, many of these companies find very exciting growth opportunities and take full advantage of them. This allows the LEADERS within this rising group to post gains that make accumulating massive wealth in the stock market possible. But not every group is high-growth like the semiconductor group. Companies in those slower-growth areas will never post that type of sustainable earnings growth. Yet we put way too much faith that the short-term growth rate in other industries will evolve into long-term growth like the semiconductors. It simply doesn’t happen that way and we lose money waiting for it.

Let’s compare semiconductors to several other industry groups within the aggressive sectors (XLK, XLY, XLC, XLI, and XLF) over a 20-year period. The 9 “other” industries are software ($DJUSSW), specialty retailers ($DJUSRS), gambling ($DJUSCA), internet ($DJUSNS), broadcasting & entertainment ($DJUSBC), fixed line communications ($DJUSFC), airlines ($DJUSAR), insurance brokers ($DJUSIB), and banks ($DJUSBK). The chart below is a 20-year weekly chart and each industry is shown as a ratio chart, relative to the benchmark S&P 500. See if you notice differences:

Look at these 10 different industry group RELATIVE charts. If you were to trade a stock in one of these industry groups, would it matter to you which of the industry groups above that it belonged to?

If I looked at the above charts and I was contemplating a trade in one or more of them, the very first question I’d consider is “what’s my time frame?”. If I’m thinking about a long-term swing trade, I would very much prefer for the stock to be in one of those industry groups in BLUE above – those showing much better long-term track records. If I were to look at a trade in say gambling, it would very likely be a quick, short-term trade. And if I did let the stock run, because it was performing well, I’d absolutely want to keep a trailing stop in play. The falling relative strength lines tells me that money is rotating AWAY from this RED group and into groups like those above in BLUE.

So, short-term I could trade stocks in any of the 10 groups, but from a longer-term perspective, I’d clearly be much more interested in the BLUE groups that are uptrending vs. the benchmark S&P 500.

I think that makes common sense, but I would bet that most traders don’t consider this.

Step 3: Trade Leading Stocks

There are a number of ways to evaluate relative strength, but one simple way that’s already a part of the StockCharts.com trading platform is to view top SCTRs (acronym for StockCharts Technical Rank). Personally, I would only tend to use the SCTR if I was looking at very recent performance. If you study the formula for the SCTR calculation, you’ll quickly realize that none of the formula is based on performance beyond 5-6 months. It’s a very near-term relative strength indicator, but a powerful one nonetheless, especially for those that are trading momentum in the very near-term.

You can pull up ChartLists using the Summary view and add the SCTR column. For instance, on our Raised Guidance ChartList (RGCL) that we research for our EarningsBeats.com members, here is how I can look for internet stocks that have raised their guidance in the past quarter, while also listing their SCTR score in order from strong to weak:

Personally, I’d concentrate much more on trading the above stocks with SCTRs at or above 75 and ignoring the rest. Remember, leading stocks in leading industry groups. That’s how you’ll improve your trading success.

Step 4: Exercise Patience and Use Great Timing Techniques

An impatient trader that simply wants to have money invested at all times is generally a bad trader. Buy stocks at YOUR price, not the price market makers want you to buy. In my experience, “chasing” trending stocks has resulted in my biggest and quickest losses. Many times, a stock becomes a leading stock after an excellent quarterly earnings report that’s accompanied by a gap higher in price. Chasing such a stock can be a big problem, especially if that stock “fills its gap”, or returns to the prior closing price before the gap. We try to coach our members to “stalk” stocks. Find stocks you like and then wait, wait, and wait a little bit longer. Buy them at key price/moving average support with tighter stops. That won’t eliminate poor trades, but it’ll certainly reduce your risk at the time of purchase.

Conclusion: Examples

Every weekend (or nearly every weekend), I provide my Fab 5 on YouTube, which is essentially 5 trade setups. Keep in mind that the risk of any trades you make is yours and yours alone, but I believe if you time your trades similar to these setups, you’ll experience better trading results over time. Check out this video:

Fab 5: 5 Stocks You Should Be Stalking Right Now

If you like these setups and would like additional setups more often, please SUBSCRIBE to our FREE EB Digest newsletter with only your name and email address. We provide “Charts of the Day” 3 times per week and the newsletter is absolutely 100% free! You may unsubscribe at any time.

Have a great holiday-shortened week ahead and happy trading!

Tom

On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson shows you how to boost your charting workflow with the “Inspect” tool. These powerful little crosshairs pack a punch, with hidden features that let you measure in multiple directions, track price and percent changes on your charts and see bar counts on the fly. Learn how to use the Inspect tools in both SharpCharts and ACP and hear how Grayson puts them to work in his own trading and investing routines.

This video originally premiered on May 24, 2024. Click on the above image to watch on our dedicated StockCharts in Focus page on StockCharts TV.

You can view all previously recorded episodes of StockCharts in Focus at this link.

Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed the stock to a record, his holdings now stand at more than $90 billion.

Nvidia late Wednesday reported first-quarter earnings that topped estimates, with sales jumping more than 200% for a third straight quarter, driven by demand for artificial intelligence processors.

Huang also delivered a better-than-expected forecast and indicated to investors that the company sees insatiable demand for its AI graphics processing units, or GPUs. The company signaled its customers, especially the big cloud companies, could get a strong return on their investment in the pricey chips.

“We are fundamentally changing how computing works and what computers can do,” Huang said.

Huang owns about 86.76 million shares of Nvidia, or more than 3.5% of the company’s outstanding shares. With the stock rising over 9% to close at a price of nearly $1,038 per share on Thursday, the value of his stake rose by about $7.7 billion.

Nvidia shares have more than doubled this year after tripling in 2023. They are up about 28-fold in the past five years. Huang added shares to his stake in 2022, when the stock hit relative lows before the AI boom.

Huang, 61, founded the Silicon Valley company in 1993 to build GPUs for 3D gaming. While gaming was the company’s biggest business for decades, Nvidia has dipped into other markets, including cloud gaming subscriptions, the metaverse and cryptocurrency mining chips.

But Nvidia’s fortunes shifted dramatically in late 2022, when OpenAI released ChatGPT, opening up the concept of generative AI to the broader public. The technology showcased a future in which computers won’t just retrieve new information from databases, but can also generate new content and answers to questions from large caches of unsorted data.

OpenAI does most of its AI development on Nvidia GPUs. As other companies such as Microsoft, Google and Meta bolstered their investments in AI research and development, they needed billions of dollars worth of the latest AI chips to build out their models.

Huang has been the face of Nvidia and its principal salesperson, constantly extolling the potential and power of using the company’s GPUs for building AI.

Nvidia, which has been developing AI software and tools for more than a decade, ended up in prime position to become the top supplier to the biggest technology companies. The company now has about 80% of the market for AI chips, and Huang is among the 20 richest people in the world.

This post appeared first on NBC NEWS

DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in which workers voted against union representation, and is asking federal officials to order a new election.

Among a dozen or so claims, the Detroit union alleges that the German automaker fired four pro-union workers, forced workers to attend anti-union meetings, and interfered with workers’ ability to advocate for the union.

Union organizing failed at the Alabama plant with 56% of the vote, or 2,642 workers, casting ballots against the UAW, according to the NLRB, which oversaw the election. More than 90% of the 5,075 eligible Mercedes-Benz workers voted in the election.

“All these workers ever wanted was a fair shot at having a voice on the job and a say in their working conditions,” the UAW said in a statement. “And that’s what we’re asking for here. Let’s get a vote at Mercedes in Alabama where the company isn’t allowed to fire people, isn’t allowed to intimidate people, and isn’t allowed to break the law and their own corporate code, and let the workers decide.”

The National Labor Relations Board confirmed Friday afternoon that its Atlanta-based office received the UAW’s objections to the election. Friday was the last day the union could file objections and challenge the election.

Mercedes-Benz in a statement Friday said company officials “worked with the NLRB to adhere to its guidelines and we will continue to do so” through the objection process. The automaker said it “sincerely hoped the UAW would respect our Team Members’ decision.”

The NLRB said its regional director will review the UAW’s allegations of an unfair election. If she finds that the objections raise substantial and material issues of fact that could be best resolved by a hearing, she will order a hearing. If after the hearing, she finds that the employer’s conduct affected the election, she can order a new election.

The agency also reconfirmed that it is processing and investigating unfair labor practice charges filed by the UAW against automakers, including six unfair labor practice charges against Mercedes-Benz since March.

After the results were announced, UAW President Shawn Fain accused the company of conducting an anti-union campaign, including “egregious illegal behavior,” but he declined to discuss the union’s potential plans to object to the results.

Fain said on May 17 that the union would continue to move forward with its charges against Mercedes-Benz, which allege that Mercedes-Benz has “disciplined employees for discussing unionization at work, prohibited distribution of union materials and paraphernalia, surveilled employees, discharged union supporters, forced employees to attend captive audience meetings, and made statements suggesting that union activity is futile,” the NLRB previously said.

The Alabama results were a blow to the UAW’s organizing efforts a month after it won an organizing drive of roughly 4,330 Volkswagen plant workers in Tennessee.

The Mercedes-Benz vote was expected to be more challenging for the union than the vote at the Volkswagen plant in Tennessee, where the union had already established a presence after two failed organizing drives in the past decade and where it faced less opposition from the automaker.

This post appeared first on NBC NEWS

He was a surehanded receiver for the Ravens, instrumental in carrying Baltimore to a Super Bowl title in early 2013. He later won a second NFL crown with the Eagles in February 2018.

Have you heard of Torrey Smith the baseball player?

Baseball was Smith’s best sport. He quit because it cost too much.

“I was super competitive,” Smith told USA TODAY Sports. “And then when I got to high school, once I started really understanding what dollars meant, I was like, ‘Man, you can’t keep doing this.’

‘The (baseball) teams were like, ‘Oh, no, we’ll pay for you to play.’ But endless weekends, fall and spring, where you’re on someone else’s dime … I felt embarrassed to always have to be with someone else’s parent, knowing that my folks really couldn’t help much.”

Smith’s life was at a crossroads, like those of the kids he now interacts with through Level 82, an organization he founded to empower families and community in Baltimore.

Smith chose football, which ultimately led him to a scholarship at the University of Maryland and an eight-year NFL career.

His circumstance, though, really made the choice for him.

Smith’s life in rural Virginia constantly shifted from shelters to hotels or other temporary housing situations. His mother, Monica, was in an abusive marriage, their home threatened by drug abuse and physical violence.

Sports became his outlet, a place he could go to escape. Kids not only need access to sports, they need them to be environments where they feel secure.

“I don’t think everyone really understands how important it is to just be normal,” he told an audience at the Project Play Summit earlier this month while on stage at the UA House, which serves the city’s youth.

Smith, 35, is married and a father of three school-aged kids. He is now on the other side, living in Baltimore’s suburbs. His organization, which he runs with his wife, Chanel, works to ensure hundreds of inner-city kids get chances in sports like the ones that shaped him so profoundly.

Level 82 is an acronym for Leadership, Education, Vision, Effort and Love, followed by his football number. Smith shares how those core values can serve all our kids through their participation in sports, regardless of their economic background.

(Questions and responses are edited for length and clarity.)

1. Leadership: As a parent or coach, know your kids are always watching

Smith  grew up nomadically in and around the Northern Neck area of Northeastern Virginia. Before he was 16, he estimates his family moved 20 times. The oldest of seven kids, he was the father figure in his unstable home.

To find stability, he looked to coaches and teachers, the men who drove him home from practice every day when he mom worked two jobs. He saw how they spoke to wives and didn’t use physical violence. He watched how his first Black coach, Greg Daniel, carried himself and welcomed a young boy into his family.

He took all of those cues with him into parenthood.

“Kids watch you more than they’ll ever listen to you,” Smith says.

USA TODAY: How did everything that happened you growing up shape you as a as a parent and mentor?

Torrey Smith: Most people that are parents, you have good intentions, but there’s no manual. I’ve had to learn how to adjust, even as a sports parent. We expect you to be disciplined, we expect you to be respectful, like those are our household values. So when you’re playing sports, we want to see the exact same thing. But I think the way in which we’ve gotten to that point, it’s been a lot of growth for me, learning from other parents, watching, asking a lot of questions and just trial and error, figuring out what works best. And I think our kids are at a stage now, they’re still so young, but they’re at a stage now where they’re really thriving. And I think they’re able to connect the dots from what we truly want on and off the field.

2. Education: Sports and school feed one other. You learn from mistakes at both

No matter what she was going through, Smith’s mother never let his grades slip.

‘I got a ‘C’ on a midterm one time,’ Smith said, ‘and she took me off the basketball team.’

If you’ve been an athlete, you know how your commitment to a team, and your commitment to stay on it, can drive up your grades.

Through its Project Rampart, which outfits Baltimore high school teams with sports apparel, Under Armour cites city graduation rates rising from 70% to almost 93% in when kids play a sport for four years.

Even with his young kids – sons T.J, 10, and Kameron, 7, and daughter Kori, 5 – Smith sees how sports and school performances can feed off one another.

USA TODAY: Are you involved with your kids’ sports?

TS: All of them. It’s interesting just watching the kids. All of our kids are doing really well in school. They’re doing really well in sports. You see the growth there. And we’re putting them in more challenging environments. I think a lot of parents and kids want to be comfortable. But I’ve learned through my life playing sports, growth doesn’t happen when you’re comfortable.

I treat everybody the same. If my son is not doing his job, he’ll be standing right over there by me. I don’t do ‘Daddy ball’ because it’s not about that. It’s about the understanding, ‘I have to do my job right or I’m not gonna get the opportunity.’

That’s how life is. We give them chances to make mistakes. Not that they have to be perfect, but I’m big on teaching them you can’t just do what you want and expect good things to happen. You’ve gotta work. You’ve got to be disciplined. You have to do your job. And our kids thrive. It’s built through time. It’s built through relationships. It’s to the point now that our kids come, they’re excited … “Coach, I did it. I had a great day of school. I did a really good job on my test. I studied, and I worked for it.’ The wins are them understanding that the habits that you can get from sports will carry you a long way if you really buy into it.

3. Vision: Have a positive image of what you want to become

Smith sees himself on the faces of the kids he mentors in West Baltimore, the ones longing for connection. He offers his hand.

He remembers conversations with his coaches growing up about always having good character. These conversations helped unlock a vision for his own life.

USA TODAY: What are your expectations for your kids, given your athletic success?

TS: To be themselves. I don’t care; they don’t have to play sports. If you wanted to just be in a band, well, you better give the best effort you can to that band. I didn’t want them playing football right away. My wife was like “No, they need to play.” And they love it. They want to go work out. These are things that I didn’t put on them. I only played catch with my son for the first eight years. I didn’t do any drills with him. I didn’t do any anything besides coaching. There was no extra time spent. Now he wants to do that stuff. The goals and expectations on them is to be the best version of themselves, and then know that no matter how far they go, whether it’s short or long that we always have their back.

4. Effort: Don’t baby your kids. Let them face adversity.

“I’m not gonna lie,” Smith told local broadcaster Rob Long on stage at the Project Play Summit, “but raising privileged kids when you didn’t grow up privileged is a task.”

Many in the crowd laughed.

“I’m serious,” he said. “I want them to have the life lessons that I had without the trauma and the best way for them to have that is through sports and through challenging them.”

One way we can always challenge ourselves is through effort. Effort builds winners, but it also allows us to move on from losing.

USA TODAY: Greg Olson talked to us about stressing development over winning. How easy is that to execute?

TS: Winning is a byproduct of doing things the right way. So regardless of how talented your child is, or a group of kids are, if you do things the right way – they’re disciplined, they’re coachable – if they play hard, you’re going to win. I’m not gonna say you want to lose, but the idea of it is, are they getting better? Winning isn’t the only measurement of success.

Some kids in our seven-on-seven program haven’t even lost a youth game. So when they lose, they’re like, ‘Ohhhhhhh …. the world’s over.’ I’m like, “Life’s gonna happen like that. Things are gonna happen. How do you respond?’

I love adversity. I think too often, we kind of baby the kids and coddle them when they have to work through these things in order to be better players, and more importantly, to be better people.

Coach Steve: Greg Olsen offers helpful ways to navigate youth sports

5. Love: Show it to kids but let them create their own experiences, too

Emotional scars from Smith’s upbringing have remained. He wasn’t comfortable telling anyone he loved them until he met his wife. To Smith, love is an action.

We show it when we take our kids to practice or a game and, perhaps more importantly, when we don’t push too hard when that game doesn’t go the way we want.

USA TODAY: What kind of coach and a sports parent are you?

TS: I’ve learned to not talk to my kids about bad games. Good games, you pump them up. Bad games, let’s not talk about it right away. We’ll talk about it at a later time. It’s always important to remember, like, no matter who you’re coaching, when you’re coaching a child, it’s still your child.

USA TODAY: What would you say to parents raising athletes or rearing them through sports?

TS: Let them be themselves. Let them run their own race. Oftentimes, it’s parents who want to force them to speed up this force and do certain things. … It’s not going to happen. I’m not big on forcing kids to do things outside (of team activities). Once we’re out there, we’re working. I’m not gonna let you be lazy. If they’re hungry for more, continue to feed them, water their plants so they can continue to grow.

USA TODAY: Right. And not put pressure on them.

TS: No pressure. … Let the pressure come from, “I expect you to be respectful to your coaches and your teammates. I don’t expect you to go undefeated. I don’t expect you to score 20 points a game or 20 goals a game or three touchdowns a game. I just expect you to try your best.”

Editor’s note: If you can’t find a team or sports program, go to your local YMCA or rec center. There might be free-play organizations in your area like Volo Kids. You can also find organizations like Every Kid Sports and Leveling the Playing Field that cover registration fees and provide equipment for income-restricted families.

Steve Borelli, aka Coach Steve, has been an editor and writer with USA TODAY since 1999. He spent 10 years coaching his two sons’ baseball and basketball teams. He and his wife, Colleen, are now sports parents for a high schooler and middle schooler. His column is posted weekly. For his past columns, click here.

This post appeared first on USA TODAY