04.11.2017

Today’s Buzz features that last great autocratic family to rule all of the Russias, The Romanovs.  They reigned for 300 years.

Right Now with Ben DeClue (LinkedIn / Twitter)

What I’m Watching: The Amazing Race – ITS BACK!

What I’m Doing: Wishing it was Friday already…

What I’m Reading: The House of the Dead: Siberian Exile Under the Tsars

We’re Buzzin’

Republicans Now Control Obamacare. Will Your Coverage Change?: There are many ways beyond legislative repeal that the Trump administration and congressional Republicans could undo the Affordable Care Act — starting with sowing uncertainty about what’s next.

Gorsuch takes oath to become the newest justice of the Supreme CourtThe private event at the Supreme Court was the first of two ceremonies today for the new justice.  The second will be a public ceremony at the White House Rose Garden.

Trending on ELGL

State of Place: An iPhone or Healthcare

#ELGL17: What’s Going On with N. Zach Ratkai, City of Richland, WA

Job Posting: Transportation Demand Management Specialist II – Portland, OR

#ELGL17: What’s Going On with Sam Taylor, City of Coeur D’Alene, ID

Kittleson’s Corner: Tar Heels & NC3C

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50 Nifty

Wells Fargo to Claw Back $75 Million From Former Executives: After an investigation into a sales scandal at the bank, the board pinned most of the blame on its former chief executive and former head of community banking.|

How They Got There: Former Interns Tell How They Landed a First Job: More companies are drawing from their intern pools, making that last internship the most important. “It’s all about trying before you buy.”

Trump finds his niche: fixing problems that no longer exist: President Trump has finally found an economic issue that’s not too complicated for him to do something about. That’s stopping China from manipulating its currency that it hasn’t been manipulating for the past two years.

What in the World Is Causing the Retail Meltdown of 2017?: There have nine retail bankruptcies in 2017—as many as all of 2016. J.C. Penney, RadioShack, Macy’s, and Sears have each announced more than 100 store closures. Sports Authority has liquidated, and Payless has filed for bankruptcy.  Last week, several apparel stocks hit new multi-year lows, including Lululemon, Urban Outfitters, and American Eagle, and Ralph Lauren announced that it is closing its flagship Polo store on Fifth Avenue, one of several brands to abandon that iconic thoroughfare.

Vitamins and the Failure of Free-Market HealthA few days ago I found a browser tab open, and I don’t know how it got there. It was a journalistic-looking page that has since been taken down. At the top was what appeared to be a screenshot of CNN anchor Anderson Cooper interviewing astrophysicist Stephen Hawking, overlaid with “BREAKING NEWS,” and a quote presumably attributed to Hawking “We can now access 100 percent of the brain.”

Chicago Pays Billions for Continued Segregation: The Urban Institute and the Metropolitan Planning Council studied the social and economic impacts of segregation in the Chicago region.

Panera’s St. Louis Beginnings Not Part Of Narrative, Sold To European Investment Firm: Last week we learned that Panera is being sold to a German European investment firm:

JAB Holding Co., the owner of Caribou Coffee and Krispy Kreme Doughnuts, said Wednesday that it would buy Sunset Hills-based Panera Bread Co. in a deal valued at about $7.5 billion, including debt, as it expands its coffee and breakfast empire.

Unlike other St. Louis-based companies that have been bought up, there were no financial struggles indicating a sale was coming, no succession questions, no negotiation drama. Panera’s sale came out of the blue, even to analysts who follow the industry. (Post-Dispatch)

Local Government Confidential

Coin toss to determine next leader of village in Southern Illinois: Only 29 of the 250 registered voters in Colp participated in the election last Tuesday.

Leaders hope renovated Arch grounds will bring people downtown: Hundreds of people came out Saturday to listen to live music, grab a bite from local vendors and celebrate the opening of the North Gateway and Gateway Arch park.

Second suit targets Maplewood nuisance ordinance: A second suit says Maplewood uses nuisance ordinances to ban victims of domestic violence from the city.

Wisma Closes in Lake Bluff: Wisma, a neighborhood hangout in downtown Lake Bluff dedicated to “helping make the food you eat at home better,” closed April 4 after five years in business. Owner and chef John des Rosiers did not give specific reasons why he closed the shop, which sold food people could eat there or take home, but he expressed sorrow over shuttering the business and disappointing his customers.