Motley Fool Money - Retail: The Good, the Bad and the Ugly

Walmart stock pops on another strong quarter, while shares of Macy's and Tapestry both suffer double-digit losses. Ron Gross and Jason Moser analyze the current state of retail and share why they believe Nordstrom and Under Armour have genuine opportunities to improve their standing with investors. We discuss the latest with General Electric, NVIDIA, Darden Restaurants, Berkshire-Hathaway, and Hologic. Plus, Motley Fool co-founder David Gardner discuss when to sell, when to add to your winners, investing takeaways from his recent trip to China, and his upcoming investor presentation on August 20th. (For more information on David Gardner's investor presentation visit http://Blast.Fool.com.) 

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SCOTUScast - Gamble v. United States – Post-Decision SCOTUScast

On June 17, 2019, the Supreme Court decided Gamble v. United States, a case challenging the validity of the "separate sovereigns" exception to the Double Jeopardy Clause of the U.S. Constitution’s Fifth Amendment.
In 2015 Terance Gamble, who had previously been convicted of second-degree robbery in Alabama state court, pleaded guilty in state court to possessing a firearm in violation of Alabama’s law against firearm possession by anyone convicted of a “crime of violence.” Federal prosecutors thereafter relied on the same facts to charge Gamble with violating the federal statute that forbids convicted felons to possess a firearm. Gamble moved to dismiss the federal charge, arguing that the Double Jeopardy Clause precluded a second conviction for essentially the same offense. The district court and the U.S. Court of Appeals for the Eleventh Circuit rejected Gamble’s argument due to the “dual sovereignty” or “separate sovereigns” doctrine, which holds that two offenses are not the same for Double Jeopardy purposes when pursued by separate (here, state and federal) sovereigns. The Supreme Court granted certiorari to determine whether the separate sovereigns doctrine should be overturned.
By a vote of 7-2, the Supreme Court affirmed the judgment of the Eleventh Circuit. Justice Alito delivered the opinion of the Court, declining to overturn the dual sovereignty doctrine. His majority opinion was joined by Chief Justice Roberts and Justices Thomas, Breyer, Sotomayor, Kagan, and Kavanaugh joined. Justice Thomas filed a concurring opinion. Dissenting opinions were filed by Justice Gorsuch and Justice Ginsburg.
To discuss the case, we have Clark Neily, Vice President for Criminal Justice at the Cato Institute.

Stuff They Don't Want You To Know - The Death of Jeffrey Epstein

Earlier this year the guys traced the rise of the enigmatic financier and child abuser Jeffrey Epstein, discovering a quagmire of crime, corruption and cover-ups implicating some of the world’s most powerful individuals. It seemed Epstein’s connections effectively placed him above the law - at least, that is, until renewed public scrutiny and criminal investigations found Epstein arrested once again and, this time, placed in a real prison. Many speculated Epstein would never go to trial. On August 10th, he was found dead in what the media described as an “apparent suicide”. So what happened? 

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You're Wrong About - The Victims’ Rights Movement

“When you allow emotion into the courtroom, bias rushes in alongside it.” Special guest Rachel Monroe tells Mike and Sarah how a good-faith critique of the justice system led to a decades-long crackdown. Digressions include Charles Manson, Ronald Reagan and a billionaire mugshot. Mike’s similes are worse than Sarah’s.

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SCOTUScast - Dutra Group v. Batterton – Post-Decision

On June 24, 2019, the Supreme Court decided Dutra Group v. Batterton, a case addressing whether a plaintiff may recover punitive damages on a claim of unseaworthiness.
Christopher Batterton was injured while working on a vessel owned and operated by the Dutra Group. Batterton claimed the vessel was unseaworthy due to a missing safety feature and sued Dutra in federal district court for, among other things, punitive damages. Dutra argued that punitive damages are not available on claims for unseaworthiness, but the district court and the U.S. Court of Appeals for the Ninth Circuit rejected Dutra’s argument. Because that ruling underscored a division among the circuit courts of appeals on the issue, the Supreme Court granted certiorari to resolve the split.
By a vote of 6-3, the Supreme Court reversed the Ninth Circuit’s judgment and remanded the case. Justice Alito delivered the opinion of the Court, holding that a plaintiff may not recover punitive damages on a claim of unseaworthiness. Justice Alito’s majority opinion was joined by Chief Justice Roberts and Justices Thomas, Kagan, Gorsuch, and Kavanaugh. Justice Ginsburg dissented, joined by Justices Breyer and Sotomayor.
To discuss the case, we have Don Haycraft, Counsel at Liskow & Lewis.

The Intelligence from The Economist - Yield signs: the global economy

Investors are piling into safe assets as markets whipsaw: what’s driving the global economy these days is anxiety. Is all the worry justified? Nestled among the conflicts and suffering in the Democratic Republic of Congo is a vast national park that is trying to make the most of its stunning natural beauty. And, why are some languages so damnably hard to learn? Additional audio by ‘sctang’ from Freesound.org.


What Next | Daily News and Analysis - How to Avoid a Recession

Did your heart skip a beat reading and hearing about all the economic news this week? Today on the show we explain just what’s happening in the markets and try to pin down why things are happening the way they are. Plus, we offer a few possible ways to stave off the worst of an economic downturn.

Guest: Jordan Weissmann, Slate’s senior business and economics correspondent

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The NewsWorthy - Israel vs. Lawmakers, Amazon Donations & Woodstock Turns 50 – Friday, August 16th, 2019

The news to know for Friday, August 16th, 2019! 

What to know today about why Israel is stopping two U.S. lawmakers from coming into the country, and we're talking about which island President Trump is reportedly thinking about buying.

Plus: new warning labels on cigarettes, what Amazon plans to do with unsold items, and an iconic music festival turns 50.

Those stories and many more in less than 10 minutes!

Award-winning broadcast journalist and former TV news reporter Erica Mandy breaks it all down for you. 

Today's episode is brought to you by Blinkist.

 

Read more:

Israel Bans Lawmakers: NYT, WaPo, ABC News, CNN, The Hill, AP

Trump Buys Greenland?: WSJ, AP, FOX News

New Cigarette Warning Labels: CNBC, NYT, Reuters 

NASCAR Legend Crash: NBC News, CBS News

Google Assistant Reminders: TechCrunch, Engadget

Amazon Donations: The Verge, CNBC 

Maisel Day: LA Times, IndieWire, CBSLA

Woodstock Turns 50: Billboard

Toy Story 4 Makes $1B: Deadline, Variety  

Pumpkin Spice Spam: USA Today, NBC News

The Daily Signal - #527: The Rise of ‘Hate Speech’ Policing in Europe

Free speech is increasingly under attack on college campuses -- but if you think it’s bad here, look across the pond to Europe. Authorities over there are increasingly cracking down on so-called “hate speech” -- a label that’s been applied to speech critical of Islam, homosexuality, and more. Paul Coleman, a British attorney who’s had a front row seat to this concerning trend, explains the origin of these hate speech laws and give his assessment about the future of free speech. We also cover these stories:•President Donald Trump says Reps. Ilhan Omar and Rashida Tlaib should not be allowed to visit Israel. •Hundreds of Chinese paramilitary forces gathered for drills in Shenzhen on Thursday, just across the border from Hong Kong. •Reports about the autopsy of Jeffrey Epstein find a curious fact about the condition of his body.The Daily Signal podcast is available on Ricochet, iTunes, SoundCloud, Google Play, or Stitcher. All of our podcasts can be found at DailySignal.com/podcasts. If you like what you hear, please leave a review. You can also leave us a message at 202-608-6205 or write us at letters@dailysignal.com. Enjoy the show!

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