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$12M award after funeral home lost woman's cremated remains

The daughter of an Alabama woman whose cremated remains were lost by a funeral home has been awarded $12 million.

Al.com reports the jury verdict was announced Monday after Pine Crest Funeral Home in Mobile lost the remains of Shelley Hood's mother, Cecille Howard Taylor Gardner.

Although Hood's mother died in 2011, court documents show, Hood first inquired about the remains in 2015 and was repeatedly told by management that they would be found. In 2016, the company's general manager told Hood that the remains hadn't been located and no record existed of their whereabouts. Hood filed a lawsuit in 2017.

The funeral home is owned by Service Corporation International, a leading provider of death care services and products in North America.

Source: Fox News National

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NATO keeps Jens Stoltenberg as its chief until 2022

NATO has extended the mandate of its top civilian official, Secretary-General Jens Stoltenberg, for two years, making the former Norwegian premier one of the longest-serving heads of the military alliance.

Stoltenberg said Thursday he is "honored" by the decision made by the 29 allies and "I thank them for putting their trust in me."

He said: "We face the biggest security challenges in a generation and I look forward to continue working with all allies to adapt and modernize NATO."

Stoltenberg, who assumed office in 2014, will now hold the post until Sept. 30, 2022.

Only former Dutch foreign minister Joseph Luns, who spent 13 years in office from 1971, will have served in the post longer if Stoltenberg sees out his term.

Source: Fox News World

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New York County to Declare Measles State of Emergency, Ban Unvaccinated Minors From Public Spaces

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The Green Bad Deal

The recently-proposed Green New Deal is proof that climate change is for progressive Democrats what terrorism is for neoconservative Republicans: a ready-made excuse to expand government and curtail liberty. This radical plan would authorize the US government to seize control of major sectors of the US economy, phase out gasoline-fueled cars, make buildings “energy efficient,” and even replace air travel with rail travel.

Supporters of the Green New Deal claim that the science regarding the risk of climate change is “settled.” However, the science is far from settled. Many of the claims regarding climate change have been debunked.

Some supporters of policies like the Green New Deal have actually supported criminalizing dissent from the so-called “settled” science of climate change. This reveals the authoritarianism of some people demanding Americans give up real liberty and prosperity because of phantom fears of impending environmental disaster.

Like all forms of socialism, the Green New Deal suffers from what Ludwig von Mises identified as the “calculation problem.” Knowledge of the most efficient use of resources is conveyed by prices set in a free market. Prices reflect individuals’ subjective preferences regarding the best use of resources. When government uses force to remove resources from the marketplace, it makes it impossible for the price system to function, leaving government officials and private citizens unable to determine the most efficient use of resources. That is why every attempt at government management of the economy inevitably reduces the people’s standard of living.

Congresswoman Alexandria Ocasio-Cortez has dismissed concerns regarding the almost 100 trillion dollars ten-year cost of implementing the Green New Deal by suggesting that Congress simply make the Federal Reserve pay for it by creating new money. Rep. Ocasio-Cortez’s claim is rooted in Modern Monetary Theory. This theory states that, when government controls the currency, it need not worry about running up large debt for welfare and war; it can have the central bank print more money to pay for more government.

Modern Monetary Theory is not modern. The Federal Reserve has facilitated the growth of government by printing money since its creation. It is no coincidence the birth of the Federal Reserve was immediately followed by the rise of the welfare-warfare state.

Whether done to monetize the federal debt or to jump-start economic growth, the Federal Reserve’s creation of new money harms the economy. In fact, Fed-induced distortions, caused by actions including money creation and interest rate manipulation, are the root cause of the boom-and-bust cycle that plagues the American economy. The Green New Deal would, in addition to its other negative impacts, hasten and deepen the inevitable Federal Reserve-caused economic crisis facing America. It would also increase the hidden and regressive inflation tax.

Ironically, the Green New Deal also would likely damage the environment. History shows that the most effective way to protect the environment is with a free-market economy that respects property rights. Therefore, those concerned with protecting the environment should support the free market, along with a legal system that holds private property owners accountable when their actions damage the environment or harm other individuals or their property.

This article first appeared at RonPaulInstitute.org.


Source: InfoWars

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Western Culture Has Died A Politically Correct Death

When high museums rename paintings because some emotional weakling declares the name to be offensive, it becomes obvious that the custodians of Western culture have lost their belief in Western culture.

When universities cover up murals because of a claim they are offensive to people whose presence on the campus is miniscule if present at all, you know that learning is no longer the purpose of the university.

When a people are afraid to use the words and terms of their forefathers, you know they have been intimidated to abandon even their own language and ways of speaking.

Western culture today consists of pornography, sexual deviants, whinning whimps devestated by mere words, self-hatred, and craven cowards afraid to stand up for themselves against the onslaught of hate directed toward them by political correctness freaks.

The political correctness people are the most alienated and emotionally weak element in the society.  Yet they dominate in the media, entertainment, universities, and art world.  How is it possible that the Washingtonians are prepared to take us to war with real people—Russians, Chinese and North Koreans—two countries that have already whipped us once—and Persians, an ancient race that even the Romans had a hard time with?  Do the fools in Washington really think that our homosexualized, feminized, transgenderized military can take on Russians, Chinese, and Persians?  Hollywood can make all the movies it wants with female superheroes, but superheroes are the last thing whinning American feminists are.

Universities in the 20th century were dedicated to the advancement of knowledge. Scholarship and research were pursued, and diverse opinions were exchanged and argued in the “marketplace of ideas.”

This is no longer the case. Particularly in the social sciences, humanities, education, social work, and law, a single political ideology has replaced scholarship and research, because the ideology presents fixed answers to all questions. And, although the most important thing in universities today is the diversity of race, gender, sexual practice, ethnicity, economic class, and physical and mental capability, there is no longer diversity of opinion. Only those committed to the ideology are admitted to academic staff or administration.

Universities have been transformed by the near-universal adoption of three interrelated theories: postmodernism, postcolonialism, and social justice. These theories and their implications will be explored here.

There Is No Truth; Nothing Is Good or Bad

Postmodernism: In the past, academics were trained to seek truth. Today, academics deny that there is such a thing as objective Truth. Instead, they argue that no one can be objective, that everyone is inevitably subjective, and consequently everyone has their own truth. The correct point of view, they urge, is relativism. This means not only that truth is relative to the subjectivity of each individual, but also that ethics and morality are relative to the individual and the culture, so there is no such thing as Good and Evil, or even Right and Wrong. So too with the ways of knowing; your children will learn that there is no objective basis for preferring chemistry over alchemy, astronomy over astrology, or medical doctors over witch doctors. They will learn that facts do not exist; only interpretations do.

All Cultures Are Equally Good; Diversity Is Our Strength

Our social understanding has also been transformed by postmodern relativism. Because moral and ethical principles are deemed to be no more than the collective subjectivity of our culture, it is now regarded as inappropriate to judge the principles and actions of other cultures. This doctrine is called “cultural relativism.” For example, while racism is held to be the highest sin in the West, and slavery the greatest of our historical sins, your children will learn that we are not allowed to criticize contemporary racism and slavery in Africa, the Middle East, and the equivalents in South Asia.

The political manifestation of cultural relativism is multiculturalism, an incoherent concept that projects the integration of multiple incompatible cultures. Diversity is lauded as a virtue in itself.  Imagine a country with fifty different languages, each derived from a different culture. That would not be a society, but a tower of babble. How would it work if there were multiple codes of law requiring and forbidding contrary behaviors: driving on the left and driving on the right; monogamy and polygamy; male dominance and gender equality; arranged marriage and individual choice? Your children will learn that our culture is nothing special and that other cultures are awesome.

The West Is Evil; The Rest Are Virtuous

Postcolonialism, the dominant theory in the social sciences today, is inspired by the Marxist-Leninist theory of imperialism, in which the conflict between the capitalist and proletariat classes is allegedly exported to the exploitation of colonized countries. By this means, the theory goes, oppression and poverty take place in colonies instead of in relation to the metropolitan working class. Postcolonialism posits that all of the problems in societies around the world today are the result of the relatively short Western imperial dominance and colonization. For example, British imperialism is blamed for what are in fact indigenous cultures, such as the South Asian caste system and the African tribal system. So too, problems of backwardness and corruption in countries once, decades ago, colonies continue to be blamed on past Western imperialism. The West is thus the continuing focus on anti-imperialist and anti-colonialist sentiment. Your children will learn that our society is evil, and the cause of all the evil in the wider world.

Only the West Was Imperialist and Colonialist

This ahistorical approach of postcolonialism ignores the hundreds of empires and their colonies throughout history, as well as ignoring contemporary empires, such as the Arab Muslim Empire that conquered all of the central Middle East, North Africa, southern Europe, Persia, Central Asia, and northern India, and occupied them minimally for hundreds of years, but 1400 years in the central Middle East and North Africa, and occupy them today. China, once the Communists took power, invaded Inner Mongolia to the north, Chinese Turkestan to the west, and Tibet to the south. Once in control, the government flooded these colonies with Han Chinese, in effect ethnically cleansing them. Postcolonialists have nothing to say about any of this; they wish to condemn exclusively the West. Your children will learn to reject history and comparisons with other societies, lest the claimed unique sins of the West be challenged.

Western Imperialism Was a Racist Project

Postcolonialists like to stress the racial dimension of Western imperialism: as an illustration of racism. But postmodernists are not interested in Arab slave raiding in “black” Africa, or Ottoman slaving among the whites in the Balkans, or the North Africans slave raiding of whites in Europe, from Ireland through Italy and beyond. Your children will learn that only whites are racist.

White Men Are Evil; Women of Color Are Virtuous

Social justice theory teaches that the world is divided between oppressors and victims. Some categories of people are oppressors and other are victims: males are oppressors, and females are victims; whites are oppressors, and people of color are victims; heterosexuals are oppressors, and gays, lesbians, bisexual, etc. are victims; Christians are oppressors, and Muslims are victims. Your sons will learn that they are stigmatized by their toxic masculinity.

Individuals Are Not Important; Only Category Membership Is

Social justice theory has taken university life by storm. It is the result of the relentless working of Marxist theory, adopted by youngsters during the American cultural revolution of the 1960s, then brought to universities as many of those youngsters became college professors. Marxism as an academic theory was explicitly followed by some in the 1970s and 1980s, but it did not sweep everything else away, because the idea economic class conflict was not popular in the prosperous general North American population. The cultural Marxist innovation that brought social justice theory to dominance was the extension of class conflict from economics to gender, race, sexual practice, ethnicity, religion, and other mass categories. We see this in sociology, which is no longer defined as the study of society but has for decades been defined as the study of inequality. For social justice theory, equality is not the equality of opportunity that is the partner of merit, but rather equality of result, which ensures the members of each category at equality of representation irrespective of merit. Your sons will learn that they should “step aside” to give more space and power to females. Your daughters, if white, will learn that they must defer to members of racial minorities.

Justice Is Equal Representation According to Percentages of the Population

As there is allegedly structural discrimination against all members of victim categories, in order for equality of result to prevail, representation according to percentages of populations must be mandated in all organizations, in all books assigned or references cited, in all awards and benefits. Ideas such as merit and excellence are dismissed as white-male supremacist dog whistles; they are to be replaced by “diversity” of gender, race, sexual preference, ethnicity, economic class, religion, and so on. (Note that “diversity” does not include “diversity of opinion”; for only social justice ideology is acceptable. Any criticism or opposition is regarded as “hate speech.”) Academic committees now twist themselves into pretzels trying to explain that “diversity is excellence.”

Members of Oppressor Categories Must Be Suppressed

Of course, the requirement of representation according to population applies only one way: to members of victim classes. If whites, men, heterosexuals, Christians, etc. are underrepresented, that is fine; the fewer the better. For example, females now make up 60% of university graduates, although in the general age cohort males are 51%. There is no social justice clamoring for males to be fully represented.  Members of disfavored oppressor categories are disparaged. The classics of Western civilization should be ignored because they are the work, almost exclusively, of “dead white men.” Only works of females, people of color and non-Western authors should be considered virtuous. So too in political history. The American Constitution should be discarded because its writers were slaveholders.

Victims of The World Unite!

“intersectionality” is an idea invented by a feminist law professor. It argues that some individuals fall into several victim categories, for example, black, female lesbians have three points in the victim stakes, as opposed to male members of the First Nations who receive only one point. Further, on the action front, members of each victim category are urged to unite and ally with members of other victim categories, because sharing the victim designation is the most important status in the world. This leads to some anomalies. Black victims of racism are urged to unite with Arab victims of colonialism, even though Arabs have been and still are holders of black slaves.

Being Educated Is About Being on The Right Side

As Karl Marx said, “The philosophers have only interpreted the world in various ways. The point, however, is to change it.” The objective of a university education today is to ensure that students chose “the right side” in changing the world. The idea that it probably makes sense to try to understand the world before attempting to change it, is rejected as outmoded, modernist empiricism and realism, now superseded by postmodernism and social justice. If there is no Truth, and whatever one feels or believes is one’s truth, then trying to gain an objective understanding of the world is futile.

Source: InfoWars

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Tlingit Code Talkers feted in Alaska for World War II role

Army veteran Richard Bean Sr. took his wartime secret to the grave, dying a hero without anyone knowing about it for decades.

Now, Bean and four other long-deceased Alaska Natives are being hailed in their home state this month for their lifesaving efforts as servicemen.

During World War II, they made good use of the Tlingit language they were forbidden to speak as schoolchildren in their southeast Alaska villages. They used their native language to help the military outsmart the Japanese with codes they could not break, as did their more well-known peers, the Navajo Code Talkers.

It's a long way from the days of the men's youth, when their language was suppressed by missionaries and teachers trying to "civilize" them, said Rosita Worl, president of the Sealaska Heritage Institute, a Juneau nonprofit aimed at preserving and enhancing the cultures of southeast Alaska's Tlingit, Haida and Tsimshian tribes. Punishments for students who spoke their language included having their mouths washed out with soap and their hands struck with rulers, according to Worl.

"We're finally ecstatic that there is this recognition that our people served this country, even served this country that wasn't always good to them," Worl said.

Until recent years, however, the men's contributions were unknown. The U.S. military for a time kept the unbroken codes secret in case they were needed in future wars.

"Their orders were not to talk about it," said Ozzie Sheakley, an Army veteran and Tlingit leader. "They took those orders seriously."

Even the closest relatives had no clue about the five men, all from small towns on Alaska's Panhandle: soldiers Richard Bean Sr. of Hoonah and Robert "Jeff" David Sr. of Haines; Sitka brothers and Navy men Mark Jacobs Jr. and Harvey Jacobs; and George Lewis Jr., who was also from Sitka and is believed to have served in the Army.

Richard Bean's wife died before Congress finally posthumously recognized the men in recent years. And his 85-year-old nephew, Ron Williams, never knew either, even though the two were extremely close.

Williams said there was only one hint. His uncle told him a platoon leader overheard him speaking Tlingit with fellow Code Talker Jeff David while the two were in the Philippines campaign together, in the same company but different platoons. The Army official asked how the men would like to handle communications, then gave each a walkie-talkie. But that was the end of Bean's story, and Williams never pushed for more, sensing his uncle didn't want to talk about it. Richard Bean died in 1985.

"Even the guys that knew him all his life, you know, they didn't know what he did either because he never said anything about it," Williams said.

David never said anything about it to his son, Jeff David Jr., either.

"He just said he was in special services, and that was as far as he put it," the son said. "And he was stationed in the Philippines for a while."

The military declassified the Navajo Code Talker program in 1968. But it would be decades before recognition came to the Tlingit servicemen, after the passage of the Code Talkers Recognition Act of 2008.

Sheakley, commander of the Southeast Alaska Native Veterans, received a call after that from Department of Defense officials. They told him the five Alaskans had been identified as Code Talkers from the Tlingit tribe, along with others from 32 Lower-48 tribes. Soon they would get the recognition long afforded to the Navajos, who made up the largest group of WWII Code Talkers.

In 2013, Congress recognized the Code Talkers from 33 tribes, including the Tlingit men, who were posthumously awarded silver medals. Sheakley also received a Congressional Gold Medal on behalf of the entire Tlingit tribe.

Given the national honors, former Alaska state Rep. and Tlingit Vietnam veteran Bill Thomas thought state recognition would soon follow.

"I just waited and waited and waited," Thomas said. "I finally said, 'Hey, it's time to pay tribute to these men.'"

State lawmakers agreed when Thomas pushed for the idea along with the Sealaska Heritage Institute. Earlier this month, legislators passed a formal citation honoring the Tlingit Code Talkers. State flags were flown at half-staff and later presented to the men's families.

The now-celebrated role the men played in history was a stunning discovery for the family of George Lewis Jr.

His son, Ray Lewis, was born after the war and never even knew his father was in the military. There are no military records in the family to even indicate what branch the elder Lewis served in, he said.

It was a great honor to learn his father was part of such important work.

"I'm very proud of it," Ray Lewis said. "My father was instrumental in saving a lot of lives out there."

___

Follow Rachel D'Oro at https://twitter.com/rdoro .

Source: Fox News National

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Trump Holds Closed-Door Meeting With Twitter’s Jack Dorsey

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Source: InfoWars

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A worker walks on the roof of a new home under construction in Carlsbad
FILE PHOTO: A worker walks on the roof of a new home under construction in Carlsbad, California September 22, 2014. REUTERS/Mike Blake

April 26, 2019

NEW YORK (Reuters) – The U.S. economy is growing at a 2.08% annualized pace in the second quarter based on upbeat data on durable goods orders and new home sales in March, the New York Federal Reserve’s Nowcast model showed on Friday.

This was faster than the 1.92% growth rate calculated by the N.Y. Fed model the week before.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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Extraordinary European Union leaders summit in Brussels
FILE PHOTO: Italian Prime Minister Giuseppe Conte arrives at an extraordinary European Union leaders summit to discuss Brexit, in Brussels, Belgium April 10, 2019. REUTERS/Yves Herman

April 26, 2019

(Reuters) – Italian Prime Minister Giuseppe Conte said on Friday he had assured China’s Huawei Technologies that it would not face discrimination in the rollout of Italy’s 5G telecoms network.

Conte was speaking on a visit to China where he said he met Huawei’s chief executive, Ren Zhengfei. The prime minister’s comments were carried in Italy by TV broadcaster Sky Italia.

“I told him that we have adopted some precautions, some measures to protect our interests that demand very high levels of security … not only from Huawei but any company entering into the 5G arena,” he said.

Huawei, the world’s biggest producer of telecoms equipment, is under intense scrutiny after the United States told allies not to use its technology because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

(Writing by by Mark Bendeich; Editing by Angelo Amante)

Source: OANN

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – President Donald Trump on Friday was expected to announce his intention to revoke the United States’ status as a signatory of the Arms Trade Treaty, which was signed in 2013 by then-President Barack Obama but never ratified by Congress, two U.S. officials said.

Trump was expected to announce the decision in a speech in Indianapolis, to the National Rifle Association, the officials said. The NRA, a powerful gun lobby group, has long been opposed to the treaty, which was negotiated at the United Nations.

(Reporting By Steve Holland; Editing by Bill Trott)

Source: OANN

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A remote controlled robot for the 'Isotopium: Chernobyl' game is seen at the game's location in Brovary
A remote controlled robot for the ‘Isotopium: Chernobyl’ game is seen at the game’s location in Brovary, Ukraine April 25, 2019. REUTERS/Valentyn Ogirenko

April 26, 2019

By Margaryta Chornokondratenko

KIEV (Reuters) – A Ukrainian computer game that brings to life a town abandoned after the Chernobyl nuclear disaster may not sound like everyone’s idea of fun but has attracted 60,000 people globally since its launch in October.

Players of “Isotopium: Chernobyl” drive tanks around the ghost town of Prypyat near Chernobyl, knocking out competitors as they search for an energy source called isotopium and collecting points every time they find some.

While the game takes its theme from the nuclear disaster at Chernobyl in northern Ukraine, which marked its 33rd anniversary on Friday, it was also inspired by the 2009 science fiction film “Avatar”.

Newcomers to the game think they have entered a virtual world when in fact they are controlling a real robot, equipped with a camera and computer, which makes its way around a model of the town rendered down to the tiniest detail.

“When playing our game, for the first 5-10 minutes many players don’t understand that it is not fictional,” said the game’s co-founder Sergey Beskrestnov. “They message us saying: ‘You have cool texture, you have good graphics, your designer is good, well done. You have a cool operating system.’

“People then reply: ‘It is not an operating system, it is real,’ and the player can’t believe it is real,” said Beskrestnov, speaking mid-game from Prypyat city square as he towers over surrounding five-storey buildings.

Kiev-born Beskrestnov was just 12 years old when on April 26, 1986 a botched test at the nuclear plant in the then Soviet Union sent clouds of smoldering nuclear material across large swathes of Europe, forced over 50,000 people, including Beskrestnov’s family, to evacuate and poisoned unknown numbers of workers involved in its clean-up.

Beskrestnov and his partner Alexey Fateyev used Google maps and hundreds of pictures from the Chernobyl area to recreate Prypyat landmarks, including residential buildings, a hotel, concert hall, amusement park and a stadium.

The game’s real-scale model occupies a 180 square meter (1,938 sq. ft) basement of a residential building in the Ukraine city of Brovary, just 150 km (93 miles) from the Chernobyl Exclusion Zone and 30 km east of Kiev.

Miniature radioactivity warning signs, graffiti on the walls of abandoned buildings and tables and chairs left scattered inside a small cafe all add to the creepy atmosphere of a once lively town.

“It’s a really neat concept …,” Shaun Prescott wrote in a review of the game published by PC Gamer magazine in January. “Controlling the tanks is kinda cumbersome, but they are tanks, after all.”

An attentive player will notice at least one inaccuracy – the real Chernobyl nuclear power plant is not located in town as it is in the game.

It costs $9 to immerse in the atmosphere of a post-apocalyptic town for an hour but only 20 people at a time can play simultaneously. Beskrestnov’s company, Remote Games, said 62,615 people around the world have registered to play the game, including around 15,000 in France and 10,000 in the United States.

A camera fixed on top of a moving tank broadcasts high quality signal in real time, allowing players from as far apart as Australia and Canada enjoy the game without facing any time delay in delivering video signals.

Its creators next ambition is to devise a game featuring the colonization of Mars in which 1,000 people will be able to simultaneously control robots on different missions involved in the operation.

“Many people advise us to contact Elon Musk directly because it resonates his dreams and ideas,” Beskrestnov jokes.    

(Editing by Susan Fenton)

Source: OANN

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FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California
FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – Initial optimism over first-quarter results from Starbucks Corp was waning fast on Wall Street on Friday, as analysts questioned the longer-term prospects of its new sales push given subdued overall customer traffic numbers especially in China.

The company on Thursday beat brokerage estimates for quarterly same-store sales on the back of demand for its new Cloud Macchiato, Matcha tea and cold brews in the United States.

However, BTIG’s Peter Saleh was one of a number of sector analysts who said while customers forking out for higher-priced new drinks had helped drive growth in same-store sales, “anemic” traffic at cafes remained a concern.

He and others pointed to a 1 percent decline in footfall at cafes in the Chinese market, viewed as crucial to the chain’s growth for the foreseeable future.

More broadly, transaction numbers, the substitute analysts use for customer traffic, were unchanged in all three of the company’s global regions.

Shares in the company, which hit a record high after the results on Thursday, fell 1 percent in morning trade.

“We remain cautious given near-term headwinds surrounding China, including cannibalization, increasing competition (and) a slowing economy,” Wedbush analyst Nick Setyan said.

Starbucks has also poured money into beefing up its delivery network in China as it battles with local startup Luckin Coffee, whose speedy growth led it to file for an IPO in the United States earlier this week.

New menu items and partnerships with delivery services, the heart of the company’s strategy to win back customers lost to artisanal coffee shops and cheaper fast-food rivals, did help Starbucks’ sales in its home market.

However, analysts said growth in China may continue to be subdued.

Wells Fargo analyst Bonnie Herzog said she expects store expansion in China to take priority over comparable sales growth.

She downgraded her rating on Starbucks’ to “market perform” from “outperform”, arguing that the company facing tough sales comparisons later on in 2019 from last year and the current rich valuation of shares meant the stock had limited room to rise.

“Investors will be hesitant to invest new money in a stock with a topline that, while still strong, is unlikely to meaningfully accelerate,” Herzog said.

Still, the company’s solid same-store growth in the United States, improving profit margins and a lower tax rate for the rest of the year led at least 6 Wall Street brokerages to raise their price targets on the stock to as high as $81.

11 of 29 brokerages rate Starbucks “buy” or higher, 17 “hold” and 1 “sell” or lower. Their median price target is $75.

(Reporting by Uday Sampath in Bengaluru)

Source: OANN

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