 |
|
|
|||||
A GoFundMe page is raising thousands to support a worker at the Ford Rouge Plant in Dearborn, Michigan, after he openly criticized President Trumpto his face. The worker, identified in media reports as TJ Sabula, heckled Trump while he was visiting the plant on January 13. In a video obtained by TMZ, Sabula can be heard calling the president a “pedophile protector.” In response, the president can be seen mouthing an expletive and telling Sabula “you’re fired” before flipping him off. Ford reportedly didnt hesitate to act, with the automotive giant immediately suspending Sabula, according to the Wall Street Journal. Fast Company reached out to Ford for comment. Predictably, and almost just as fast, a GoFundMe page was launched in support of Sabula. “TJ is a father of two young children, husband, and is a proud United Auto Workers (UAW) Local 600 line worker,” the page reads. “Funds donated will support TJ and his family to cover expenses during this time of uncertainty.” At present, the fundraising page, which has only been live for about 11 hours, has raised more than $90,000. Given that GoFundMe and other crowdfunding platforms are increasingly relied upon to help people going through financial challengessometimes spurred by political eventsit’s not the first time the site has made headlines recently. Less than a week ago, after 37-year-old Renee Good was shot by an ICE agent in her neighborhood, a fundraiser was launched to support her family. The page has amassed over $1.5 million. Additionally, a page for Jonathan Ross, the ICE agent who shot and killed Good, was also created. That page has raised $700,000 at present, including a $10,000 donation from billionaire Bill Ackman. Fast Company has reached out to GoFundMe to ask if it has verified the campaign for Sabula. Engine troubles Sabula’s suspension is not terribly surprising. While Ford Motor CEO Jim Farley and the president have had a complicated relationship at times, Farley has also expressed optimism about Trump’s second term. He joined President Trump in December when he announced a proposal to slash Biden-era fuel economy standards. Ford also donated $1 million in cash and a fleet of vehicles to the president’s January 2025 inauguration. Following his suspension, Sabula told The Washington Post that he has “no regrets whatsoever” about heckling the president. He added that Trump was only standing about 60 feet away and heard him “very, very, very clearly.”
Category:
E-Commerce
If you’d like to do a thorough review of your portfolio and plan, here are the key steps to take. I recommend doing them over a series of sessions, not all at once. Step 1: Gather your documentation This could be your current investment statements, plus Social Security and pension. Pro tip: Set up a My Social Security account to get an overview of your benefits and earnings history. Step 2: Ask and answer: How am I doing? To find out if you’re on track to reach your financial goals, review your current portfolio balance, combined with your savings rate. Tally your contributions across all accounts. A decent baseline savings rate is 15%, but higher-income folks will want to aim for 20% or more.Also factor in other goals you’d like to achieve, such as college funding or a home down payment. Are they realistic? Make sure you’re not giving short shrift to retirement.If you’re retired or about to be, the key gauge of the viability of your total plan is your withdrawal rateyour planned portfolio withdrawals divided by your total portfolio balance. The 4% guideline is a good starting point, but aim for less if you can. Step 3: Check up on your long-term asset allocation Does your total portfolio’s mix of stocks, bonds, and cash match your targets? High-quality target-date series such as those from Vanguard and BlackRock’s LifePath Index Series can help benchmark asset allocation. My model portfolios can also help.A portfolio that tilts mostly or even entirely toward stocks makes sense for younger investors.If your portfolio is notably equity-heavy and you’re within 10 years of retirement, shifting to bonds and cash is more urgent. Just mind the tax consequences when you rebalance. Step 4: Assess liquid reserves Holding some cash is crucial to ensure you don’t have to tap your investments or resort to credit cards in a financial crunch.For retired people, I recommend holding six months to two years worth of portfolio withdrawals in cash investments.For those still working, holding three to six months’ worth of living expenses in cash is a good starting point. Step 5: Assess suballocations, sector positioning, and holdings Your broad asset-class exposure largely determines how your portfolio behaves. But your positioning within each asset class also deserves a look. Market strength has recently broadened, but growth stocks and funds that own them have outpaced value by a wide margin over the past decade.Finally, check up on your sector positioning, allocation to foreign stocks, and actual holdings. Step 6: Identify opportunities to streamline Why have scores of accounts and holdings if a more compact portfolio could do the job just as well?If you’ve changed jobs, you may have multiple 401(k)s and rollover IRAs. Consider consolidating into a single IRA. If you have several small cash accounts, you may be losing out on a (slightly) higher yield.Could you reduce the number of holdings in your portfolios? Index funds and ETFs provide pure asset-class exposure and a lot of diversification in a single package. I also like target-date funds for smaller accounts to provide diversification without any maintenance obligations. Step 7: Manage for tax efficiency At this point, if you think changes are in order, be sure to take tax and transaction costs into account. Focus any selling in your tax-sheltered accounts, where you won’t incur tax costs and you can usually avoid transaction costs, too. Within your taxable accounts, review the tax implications and/or get tax advice before executing trades.Also review whether you’re managing your portfolio with an eye toward tax efficiency. Are you making contributions to your tax-sheltered vehicles? Are your taxable accounts as tax-efficient as possible? For a lot of people, this is as simple as holding equity ETFs and/or municipal bonds and bond funds for their taxable accounts. Finally, think about tax-efficient withdrawal sequencing. Step 8: Troubleshoot other risk factors Uninsured long-term-care risk is a significant factor for those who are neither well off nor eligible for Medicaid. Develop a plan in case you have sizable long-term-care outlays later in life.Another common risk factor is providing help to loved ones. In this case, it’s often helpful to talk to a financial advisor and/or estate planner to figure out how you can help without jeopardizing your financial future. This article was provided to The Associated Press by Morningstar. For more personal finance content, go to https://www.morningstar.com/personal-finance.Christine Benz is director of personal finance and retirement planning for Morningstar.Related Links 5 Smart Ways to Diversify Your Portfolio for 2026https://www.morningstar.com/portfolios/5-smart-ways-diversify-your-portfolio-2026 8 Reasons You Might Need to Tweak Your Portfoliohttps://www.morningstar.com/portfolios/8-reasons-you-might-need-tweak-your-portfolio An Investing Guide for Every Life Stagehttps://www.morningstar.com/personal-finance/an-investing-guide-every-life-stage Christine Benz of Morningstar
Category:
E-Commerce
Heinzs newest product isnt a ketchup, or a mayo, or some Frankenstein combination of the two. Its a boxand its solving a problem thats plagued lovers of french fries for decades. The patent-pending Heinz Dipper, unveiled on January 13, is an innovation the company is describing as a first-of-its-kind fry box. At first glance, it looks like a classic french fry box that youd get at any run-of-the-mill fast-food joint, but a closer examination reveals a pullout compartment (shaped like Heinzs keystone logo) that can hold two packets of whatever condiment you prefer. The Heinz Dipper is debuting at more than 33 restaurant and sports stadium partners around the world in 2026 as a test for potential broad distribution in the future. [Image: Heinz] We dont know why the fry box wasnt always designed this way, Heinzs website reads. We just know you cant have fries without Heinz. So, we fixed it. Over the past few years, Heinz has become known for its stable of, frankly, strange product developments, including Buffaranch (a mixture of Buffalo and ranch sauce), a burger dipping device, and squeezable turkey gravy. Of these clever, often out-of-the-box concepts, the Heinz Dipper feels the most like a product that could become a genuine mainstay in fast-food joints everywhere because it solves a truly universal design flaw. [Photo: Heinz] A fry box built for the modern snacker According to a new ad from Heinz posted to YouTube, the design of the fry box hasnt changed since 1950. Indeed, the design mightve been perfectly serviceable back when a majority of people dined in. Now that takeout and delivery are vastly more popular, though, the form isnt exactly optimized for eating in the car or in front of the TV after a long night out. Whether balancing sauce packets on car dashboards or squeezing ketchup directly onto individual fries, fans have long struggled to enjoy their favorite pairing away from the table, a Heinz press release reads, noting that 70% of ketchup-and-fry lovers admit to having spilled ketchup when dipping on-the-go, and 80% say theyve considered skipping condiments altogether due to a lack of dip-friendly packaging options. For Heinz, a patented fry box is a clever way to expand its physical presence into the kinds of establishments where sauce is kinglike fast-food restaurants and stadiumswhich it currently achieves by serving as a supplier of branded sauces and sauce dispensers. And unlike some of Heinzs other head-scratching innovations (lets be honest, who really needed Barbie ketchup?) the Heinz Dipper has one key hallmark of good design: It raises the question, How has no one thought of this before?
Category:
E-Commerce
All news |
||||||||||||||||||
|
||||||||||||||||||