TIME Pets

Lost Dog Turns Up 1,800 Miles Away From Home

Rocky turned up in Indiana two years after going missing in Arizona

Rocky the boxer must have gotten some inspiration from Homeward Bound, the classic 1993 film about three pets who make an epic journey home across America.

The dog went missing in Mesa, Arizona two years ago before finally turning up in Indiana earlier this month — 1,800 miles away from where he disappeared, reports local CBS affiliate CBS5AZ .

Brittany Romero, whose son Aden owned Rocky, received a call from an Elkhart, Indiana animal clinic telling them the long lost pooch had been found. It took a relay of 26 volunteer rescue workers to drive Rocky back to his family.

Rocky’s owners are naturally elated. “I don’t even have words to explain how amazed and surprised I was,” said Romero. “I honestly, I just didn’t think I would see him for a good while, if at all,”

[CBS5AZ]

TIME

Big Soda Sues San Francisco Over Beverage Warnings

<> on June 10, 2015 in San Francisco, California.
Justin Sullivan—2015 Getty Images Bottles of soda are displayed in a cooler at a convenience store on June 10, 2015 in San Francisco, California.

The soda industry’s largest trade body is suing the city of San Francisco over rules that would require mandatory warning labels on soda advertisements and ban their display on city property.

The lawsuit, filed by the American Beverage Association on Friday, claims the regulations due to come into force July 2016 are unconstitutional. The city, the complaint said, “is trying to ensure that there is no free marketplace of ideas, but instead only a government-imposed, one-sided public ‘dialogue’ on the topic—in violation of the First Amendment.”

The legislation was passed unanimously by the San Francisco Board of Supervisors in June and stands among the strongest laws in the country relating to sugary beverages. The label, which must be affixed to all soda advertisements, would read: “WARNING: Drinking beverages with added sugar(s) contributes to obesity, diabetes and tooth decay.”

The plaintiffs in the complaint say forcing signs to carry that label “violates core First Amendment principles.”

Other parties to the suit also include the California Retailers Association and the California State Outdoor Advertising Association.

TIME hawaii

Remains of Missing WWII Marines Brought Back to Pearl Harbor

Pacific Battle Remains
Marco Garcia—AP U.S. Marines carry the remains of 36 unidentified Marines found at a World War II battlefield during a ceremony at Joint Base Pearl Harbor-Hickam, July 26, 2015, in Honolulu.

The 39 marines were listed as missing in action during World War II

The remains of more than three-dozen U.S. Marines missing in action during World War II were brought back to U.S. territory on Sunday in the largest single recovery of US MIAs.

The 39 marines were listed as missing in action at the World War II Battle of Tarawa and repatriated during Sunday’s ceremony, held at Pearl Harbor. Among them was 1st Lt. Alexander Bonnyman Jr., a recipient of the Medal of Honor, reports Hawaii news channel KHON2.

“We stand here humbled before you today to receive, honor and commemorate our fallen courageous Marine Corps warriors who on the field of battle fought and died to preserve our freedom,” said Capt. Mark Hendricks, U.S. Marine Corps Pacific Chaplain.

The remains were recovered by a non-profit called History Flight, which has been sending teams of scientists and historians to Tarawa for the last decade.

[KHON2]

 

TIME

Boston Mayor Threatens to Drop Olympics Bid Over Budget

at UMass Campus Center on March 22, 2015 in Boston, Massachusetts.
Paul Marotta—Getty Images Boston Mayor Martin J. Walsh hosts a Municipal Strategies for Financial Empowerment, a public forum at UMass Campus Center on March 22, 2015 in Boston.

“I refuse to mortgage the future of the city away"

Boston Mayor Marty Walsh threatened Monday to drop the city’s bid for the 2024 Olympic Games if the U.S. Olympic Committee demands a guarantee that would require Boston taxpayers to cover budgetary shortfalls.

Walsh said that while he believes the Olympics could benefit the city, he vowed not to sign an agreement without knowing there are taxpayer protections in place, Boston.com reports.

“I refuse to mortgage the future of the city away,” Walsh said at a news conference. “I refuse to put Boston on the hook for overruns, and I refuse to commit to signing a guarantee that uses taxpayers’ dollars to pay for the Olympics.”

The host city contract with the U.S. Olympic Committee would require the city to agree to cover any financial shortfalls in building the massive infrastructure around the 2024 games. Massachusetts’ governor, Charlie Baker has also expressed skepticism of a bid that shifts the burden of paying for Olympics infrastructure too heavily on Boston taxpayers.

The USOC did not immediately respond to a request for comment.

[Boston.com]

TIME

Shark Attack Surfer Mick Fanning Heads Back to the Waves

J-Bay Open Surfing
WSL/Getty Images In this screen grab from footage by the World Surf League, Mick Fanning of Australia shortly before being attacked by a Shark at the Jbay Open on July 19, 2015 in Jeffreys Bay, South Africa.

Just a week after fighting off a shark during a surf competition, Mick Fanning is hitting the waves again

Just a week after fighting off a shark during a surf competition, Mick Fanning is hitting the waves again.

The Australian surfer was pictured getting back on his board at Snapper Rocks near the Gold Coast on Monday morning, the Daily Mail reports, just days after he narrowly avoided a massive shark in the J-Open at Jeffreys Bay in South Africa last Sunday.

Fanning posted a photo of himself to his Instagram account with the caption “First surf back. Feels so good.”

Last week, Fanning was on his board when a shark came from behind and attacked Fanning, who says he punched it on the nose. The shark retreated and Fanning emerged unharmed.

“To walk away from a shark attack with not a scratch on you. It’s a miracle really,” Fanning said.

[Daily Mail]

TIME celebrities

Ruby Rose Under Fire For Instagram Photo With Floyd Mayweather

Mayweather has been charged with a number of counts of domestic battery since 2002

Orange is the New Black star Ruby Rose has come under criticism from her fans after posing for a photo with professional boxer and convicted domestic abuser Floyd Mayweather Jr.

The photo, which Rose posted on Instagram. shows Mayweather with his arm around the actress, and has the capition “The champ!” reports the Independent.

@floydmayweather the champ!

A photo posted by Ruby Rose (@rubyrose) on

Rose has spoken before of wishing to see Mayweather during a fight, and met the boxer in Las Vegas when he was training for his fight against Andre Berto.

Mayweather has been charged with a number of counts of domestic battery since 2002, has been convicted several times and was sentenced in 2011 to 90 days in prision after he pleaded guilty to misdemeanor battery and domestic violence.

Fans on Twitter expressed disapproval, saying the photo made them feel “attacked” and “disappointed,” with another saying she was “disgusted.”

[The Independent]

Read next: Ronda Rousey Slams Floyd Mayweather in ESPY Award Speech

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TIME

Now You Can Hire RVs With Views of Manhattan on Airbnb

A night of luxury—in a New York City van—can be yours for just over $20 a night

A night of luxury—in a New York City van—can be yours for just over $20 a night.

A local New Yorker is renting out parked vans and campers in Queens, directly across the East River from Manhattan, for rates as low as $22 a night on Airbnb, DNAinfo reports.

One van is advertised for $39 per night and sleeps two “comfortably if cuddling or laying like pencils.” The van is advertised as being “Super spacious!” with “All brand new furnishings” and an “AMAZING view of the sky line.” According to the listing, it’s parked near The Mill, a coffee shop near a public playground’s restrooms, and already has 4.5 stars and 11 reviews.

Another van, slightly less plush, comes for $22 a night, and there’s even a converted taxi cab for $69 a night.

[DNAinfo]

TIME Social Media

Twitter is Deleting Stolen Jokes for Copyright Reasons

Five separate tweets at least have been deleted by Twitter for copying a joke

Twitter is beset by the all-too-common joke thief. You tweet a precious 140-character joke, labored over for minutes, then you find it posted elsewhere on Twitter. It’s often a bot that copies the witticism and tweets it to its followers without attribution.

Now, it appears Twitter has had enough.

Some tweets have been deleted on copyright grounds in recent weeks for joke-stealing, the Verge reports. Five separate tweets at least have been deleted by Twitter for copying a joke by a Los Angeles freelance writer, Olga Lexell, who tweeted this joke: “Saw someone spill their high end juice cleanse all over the sidewalk and now i know god is on my side”.

When other accounts tweeted the same joke, Lexell complained to Twitter, which then deleted the copy-tweets and replaced it with the text “This Tweet has been withheld in response to a report from the copyright holder.”

[The Verge]

TIME

#BlackLivesMatter: Liberal Activists Shift 2016 Endorsement Rules

US-CRIME-SHOOTING-CHARLESTON
BRENDAN SMIALOWSKI—AFP/Getty Images People gather at the Confederate Museum during a protest in Charleston, South Carolina on June 20, 2015.

A liberal activist group changes its 2016 endorsement process after a #BlackLivesMatter protest

Democracy for America, a progressive grassroots network, will change its candidate endorsement process in response to a Black Lives Matter protest in Phoenix last weekend.

After a racial justice protest halted a meeting with Democratic presidential candidates on Saturday, the one-million-member network will now include candidates’ proposals for addressing racism among the central criteria for DFA’s endorsements, according to an advance copy of the announcement obtained by TIME.

The criteria apply to candidates from local elections to the presidential level.

Additionally, in its questions of candidates in local races, DFA will ask how candidates will support the Movement for Black Lives and confront racism and our “culture of white supremacy,” according to the DFA announcement.

“We want the candidates we endorse to not only say that #BlackLivesMatter, we want these candidates to know that progressives—including those in organizations with largely white memberships and staff like DFA—expect them to stand up to, name, and address systemic racism as fundamental and foundational to the movement to end income inequality,” wrote Charles Chamberlain, DFA’s executive director, in a note likely to appear on the group’s website next week.

DFA represents an important bloc of activist progressive voters, many of whom give small-dollar donations to candidates, canvass and make telephone calls before the elections. Founded by Howard Dean in 2004, the group can be a barometer of Democratic enthusiasm and has played an important role in mobilizing liberal voters in recent elections.

DFA is weighing endorsing a Democratic candidate in the primary but has not yet committed to throwing its support behind a candidate before the general election. Its new rules may have the greatest impact on state and congressional races.

The group’s change to its endorsement process follows a protest at Netroots Nation, the largest gathering of progressives in the country, where a few dozen Black Lives Matter activists interrupted a town hall meeting featuring Democratic presidential candidates Martin O’Malley and Bernie Sanders.

The protest flummoxed the candidates and left them scrambling over the following days to address racism. O’Malley and Sanders have all since said “Black lives matter” and sought to address systemic racism, as has Hillary Clinton, who did not attend the event.

The new approach announced by DFA marks a significant shift for one of the country’s largest progressive activist networks and reflects the influence the Black Lives Matter movement is having on the presidential race.

“At Netroots Nation, #BlackLivesMatter leaders called on all of us to use our power to respond to the current state of emergency,” said Chamberlain. “Democracy for America is ready to heed that call to action and make sure it has real electoral consequences in 2016 and beyond.”

TIME Hillary Clinton

Hillary Clinton Courts Both Liberals and Wall Street with Tax Plan

Democratic Presidential Candidate Hillary Clinton Campaigns in Iowa
Bloomberg—Bloomberg via Getty Images Hillary Clinton, former U.S. secretary of state and 2016 Democratic presidential candidate, pauses while speaking during a campaign event in Cedar Rapids, Iowa, U.S., on Friday, July 17, 2015.

A rollout of economic policies continues

Hillary Clinton on Friday proposed a significant hike on capital gains taxes for some investors, a plan favored both by progressive economists and some Wall Street investors.

The proposal is intended to combat short-term investing, which Clinton argued diverts capital away from important business expenditures.

“American companies need to break free from the tyranny of quarterly earning reports so they can do what they do best,” Clinton said speaking at New York University in Lower Manhattan on Friday. “Real value comes from long term growth, not short term profits.”

Clinton’s capital gains plan calls for a sliding scale of taxes on investments, with some short-term investments taxed at higher rates than they are now.

Currently, top earners pay a tax rate of 39.6% on investments held for less than a year, a rate that matches those earners’ income taxes. After holding those investments for a year, the rate for top earners drops to 24%.

But under Clinton’s plan, the tax rate for top earners on capital gains would remain at 39.6% in the second year, and then drop at a staggered rate over six years to their current levels. It would amount to nearly doubling capital gains tax rates in the second year.

“The current definition of a long-term holding period—just one year—is woefully inadequate,” Clinton said, calling on companies to abandon what she has called “quarterly capitalism” in favor of more farsighted investments in research and development, talent and physical capital.

A six-year sliding scale, Clinton said, would “provide real incentives for long-term investments.”

Clinton’s plan for a tax hike is aligned with some voices on Wall Street and financial institutions. Larry Fink, the CEO of BlackRock, the largest asset manager in the world, called earlier this year for a plan similar to Clinton’s. In a March letter to the executives of the 500 largest companies in the United States, Fink recommended holding the capital gains tax rate at income tax rates for three years—39.6% for the highest earners—and eventually dropping over a period of 10 years.

“We believe that U.S. tax policy, as it stands, incentivizes short-term behavior,” Fink said, using language similar to Clinton’s speech on Friday. “We believe that government leaders around the world—with a concerted push from both investors and companies—must act to address public policy that fosters long-term behavior.”

A number of other major business figures have openly lamented so-called economic short-termism, including Dominic Barton, managing director of McKinsey & Co., Paul Polman, CEO of Unilever and others.

Economists, particularly those on the left, have also criticized the relatively low rate of capital gains tax, arguing it acts an income subsidy for the wealthiest Americans.

The Joint Committee on Taxation, a nonpartisan Congressional committee, found that low rates on capital gains taxes will deliver in 2015 an effective subsidy of $120.3 billion to investors, most of them wealthy: a separate report by the Congressional Budget Office found that 68% of the benefit of low rates on capital gains and dividends go to the top 1% of earners.

Clinton’s plan, some economists say, would reduce inequality in the tax code and create incentives for shareholders to hold longer-term investments.

Clinton’s proposal “is a way to target an inefficient tax subsidy—a tax subsidy that subsidizes growing inequality—in a way that encourages more long-term planning by investors,” said Harry Stein, director of fiscal policy at the Center for American Progress. “I view this as a piece of a larger agenda to encourage more of a long term outlook.”

Clinton’s plan is meant in part to slow activist investors, who tend to buy large amounts of company stock and call for higher dividends, share buybacks and other strategies to boost share prices. Some executives complain that makes it more difficult for companies to invest in long-term employees or facilities, stunting long-term growth.

Republicans have been quick to criticize the plan, pointing out that Clinton said during the 2008 campaign that she would not raise capital gains taxes above 20%, “if I raised it at all.” They argue that capital gains taxes harm economic growth by preventing investment.

“Sadly, Hillary is not wise enough to have learned the simple lesson from those decades: reducing the capital gains tax is part of any pro-growth agenda,” said Grover Norquist, president of the conservative Americans for Tax Reform.

Leonard Burman, the director of the nonpartisan Urban-Brookings Tax Policy Center and the top tax economist during the last two years of President Bill Clinton’s administration, said he doubted the plan would significantly change investor behavior.

“I’m sympathetic with her objective, but I don’t think her proposal is going to solve it,” Burman said. He added that the plan might actually encourage some shareholders to pull investments out of a company earlier than they would otherwise: under the new plan, investors who could sell shares after six months gain no tax benefits by waiting until after a year, and little benefit for waiting more than two.

Read more: What to Know About Hillary Clinton’s Economic Proposals

Clinton has laid out a number of specific proposals so far in her campaign intended to spur growth, including providing tax credits to businesses that hire apprentices, tax incentives to encourage corporate profit-sharing, as well as broader proposals like raising the minimum wage and supporting unions. The tax plan is part of Clinton’s slow-drip of proposals designed to boost economic growth and incomes.

It’s unclear if the proposal was enough to satisfy progressives, who are calling for significant overhauls of the tax code. Charles Chamberlain, executive director of the grassroots progressive network Democracy for America, suggested that the speech did not go far enough in targeting income inequality.

“If Secretary Clinton wants to earn the enthusiastic support of grassroots progressives that means standing up, staking out genuinely bold positions on income inequality, and aggressively taking on the powerful, greed-driven institutions that have dominated the Democratic Party and held back the prosperity of the American people for far too long,” said Chamberlain.

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