Producing results on human trafficking

Quest's Profitable MomentFor seven years, CNN's ...

Posted: Mar 16, 2018 12:47 PM
Updated: Mar 16, 2018 12:47 PM

Quest's Profitable Moment

For seven years, CNN's Freedom Project has worked to help put an end to human trafficking and modern-day slavery.

We've had considerable success. We've shined the light on many evil deeds in many different parts of the world. But the world's corporations have a role to play, too.

Delta Air Lines has committed its tens of thousands of employees to the goal. They call this a dark topic, and they're right. Many companies would like to avoid discussion of something as nefarious, sleazy and unpleasant as human trafficking.

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Others are rallying to the cause. Airbnb and Uber, two companies with vast global scale, have recognized that they, too, can help. Why? Because the people engaged in this evil often use those companies' services.

Airbnb, Uber, Delta and other companies are realizing that they hold reservoirs of data that the authorities can tap into to see the schemes, the patterns, the designs, the ways in which human traffickers are using the global economy.

The next move forward in the fight against human trafficking will not be by governments or NGOs. Look to the board rooms. The companies that have real leaders at the table will be easy to spot because those companies will be producing results for us all.

RIP, Toys "R" Us

Farewell, Toys "R" Us. After 70 years in business, the struggling chain will close or sell all its stores in the United States and the UK. About 31,000 workers in the United States will be laid off.

Toys "R" Us is one of several once-beloved retailers to falter, in part because of the rise of Amazon. But it can't blame all its troubles on the e-commerce giant. Before Amazon was a threat, Toys "R" Us amassed mountains of debt and didn't have the money to invest enough in its stores. That made for an unpleasant shopping experience that helped doom the chain. And the rise of big-box retailers like Target and Walmart gave toy manufacturers such as Mattel and Hasbro other options. Last year, they each sold about $1 billion worth of their toys at Walmart, more than twice as much as they sold through Toys "R" Us.

Still, people were sad to see the toy store close. On social media, customers mourned the retailer and vowed always to remain Toys "R" Us kids.

- Danielle Wiener-Bronner

Trump administration finally announces Russia sanctions

The Trump administration is imposing sanctions on Russia for election interference, including people indicted last month by special counsel Robert Mueller. The measures come a month and a half after the administration missed a congressional deadline to issue the penalties. The sanctions include punishments on the Internet Research Agency, a Russian so-called troll farm that produced divisive political posts on American social media platforms during the 2016 presidential election.

-- Nathaniel Meyersohn

Could the US dollar solve Venezuela's crisis?

Venezuela's currency has lost nearly all its value as the country spirals further into crisis. One idea to stabilize the economy: Get rid of the bolivar and replace it with the US dollar. Ecuador and El Salvador have done it, and now a presidential candidate is proposing that Venezuela try it to get hyperinflation under control. The idea has both fans and skeptics in Venezuela, but one thing is clear: Something needs to change. Venezuelans are living through severe shortages of food and medicine brought on by President Nicolas Maduro's economic policies.

- Patrick Gillespie

Larry Kudlow: Trump's new top econ adviser

President Trump has picked Larry Kudlow, the CNBC personality and former Reagan administration official, to replace Gary Cohn as chief economic adviser. Will Kudlow butt heads with the president the way his predecessor did? Kudlow is staunchly for free trade. He and two other economists warned in an op-ed for CNBC that steel and aluminum tariffs will effectively be taxes on Americans and could lead to massive job losses. Kudlow said this about his new boss last December: "He's never been good on trade." He's also said that Trump, unlike Reagan, focuses too much on the stock market instead of the broader economy. But there is one thing Kudlow and Trump agree on: They think tax cuts will be good for businesses and Americans.

- Paul R. La Monica

Quick takes

The US Senate passed sweeping changes to the Dodd-Frank banking bill, adopted in the wake of the 2008 financial crisis.

Broadcom withdrew its $117 billion offer to buy Qualcomm two days after President Trump stopped the deal, citing national security concerns.

A full-blown trade war would erase any economic benefits from the Republican tax cuts passed last year.

Goldman Sachs' next CEO is a part-time electronic dance DJ.

GE will not pay its top leaders bonuses this year because of the company's "poor performance."

What's next

G20: Representatives of 20 nations will gather in Buenos Aires on Monday and Tuesday to discuss some of the biggest issues facing the global economy. Trade, tariffs, cryptocurrencies and exchange rates are expected to dominate the conversation. The United States is set to impose steep tariffs on steel and aluminum Thursday.

AT&T-Time Warner antitrust case: Opening arguments are scheduled for Wednesday in the Justice Department's lawsuit to block AT&T's purchase of CNN parent company Time Warner. It will be the most significant antitrust trial in recent memory.

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 727764

Reported Deaths: 13397
CountyCasesDeaths
Marion995211738
Lake53461965
Allen40457675
St. Joseph35506550
Hamilton35489408
Elkhart28433441
Tippecanoe22359218
Vanderburgh22284396
Porter18668307
Johnson17905377
Hendricks17180315
Clark12930191
Madison12592339
Vigo12431246
Monroe11858170
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Howard9865216
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Hancock8251140
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Warrick7771155
Floyd7649177
Grant7027174
Wayne7026199
Boone6679101
Morgan6555139
Dubois6150117
Marshall6005111
Dearborn579277
Cass5788105
Henry5688103
Noble558883
Jackson500872
Shelby490296
Lawrence4505120
Harrison434772
Gibson434692
Clinton427053
DeKalb426484
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Starke215453
Fountain212046
Sullivan211142
Owen198156
Fulton194740
Jay192530
Carroll188320
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Perry182637
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Pike133234
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Ohio Coronavirus Cases

Data is updated nightly.

Cases: 1081518

Reported Deaths: 19428
CountyCasesDeaths
Franklin1256551400
Cuyahoga1117782115
Hamilton798901205
Montgomery513291014
Summit47080945
Lucas42049788
Butler38301584
Stark32242906
Lorain24958481
Warren24262298
Mahoning21511588
Lake20618369
Clermont19747238
Delaware18503133
Licking16410212
Fairfield16160199
Trumbull16019468
Medina15247264
Greene15043244
Clark13970299
Wood13065189
Portage12825203
Allen11626232
Richland11323199
Miami10661217
Muskingum8799133
Wayne8784211
Columbiana8766229
Pickaway8551121
Marion8514135
Tuscarawas8470244
Erie7871154
Hancock6906127
Ross6842155
Ashtabula6792170
Geauga6677148
Scioto6405101
Belmont5873167
Union570348
Lawrence5546102
Jefferson5521151
Huron5427119
Darke5347123
Sandusky5337120
Seneca5275121
Athens518858
Washington5153109
Auglaize489584
Mercer480385
Shelby468893
Knox4483110
Madison435561
Putnam4278100
Fulton421669
Ashland421489
Defiance419297
Crawford3970107
Brown393857
Logan381576
Preble379398
Clinton371263
Ottawa366679
Highland354662
Williams338575
Champaign331458
Guernsey315653
Jackson312151
Perry294850
Morrow284639
Fayette281550
Hardin270664
Henry268466
Coshocton264557
Holmes2593101
Van Wert243363
Adams237752
Pike237534
Gallia235349
Wyandot230855
Hocking215262
Carroll191247
Paulding172540
Meigs144740
Noble133337
Monroe132042
Morgan108323
Harrison107637
Vinton82815
Unassigned02
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A cold start Saturday with widespread frost expected. We'll see plenty of sunshine for most of the day. Then, clouds build in during the late afternoon and evening.
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