Illinois Governor’s Race Shows G.O.P.’s Lurch to Right (With Nudge From Left)

Democrats meddled to boost State Senator Darren Bailey in the G.O.P. primary for Illinois governor. But efforts to elevate far-right candidates in Colorado fizzled.

#bailey-darren-1966, #bennet-michael-farrand, #colorado, #dahm-nathan, #democratic-party, #illinois, #inhofe-james-m, #irvin-richard-c-1970, #mcmullin-evan, #midterm-elections-2022, #miller-mary-e-1959, #mississippi, #new-york-state, #newman-marie-1964, #oklahoma, #palazzo-steven, #peters-tina, #polis-jared-s-1975, #pritzker-j-b, #pruitt-scott, #republican-party, #south-carolina, #trump-donald-j, #utah

Tuesday’s Elections Saw Key Wins for Trump-Inspired Candidates

The Nevada primaries capped a series of elections on Tuesday that saw key wins for Trump-inspired candidates in South Carolina and Texas.

#arrington-katie-1970, #elections-house-of-representatives, #endorsements, #fry-russell-1985, #mace-nancy, #midterm-elections-2022, #primaries-and-caucuses, #republican-party, #rice-tom-1957, #south-carolina, #trump-donald-j, #united-states-politics-and-government

What to Watch in Tuesday’s Primary Elections

Representatives Tom Rice and Nancy Mace are facing Trump-backed challengers in South Carolina, and Nevada is a battleground. Here’s what else to know.

#democratic-party, #elections-house-of-representatives, #maine, #midterm-elections-2022, #nevada, #primaries-and-caucuses, #republican-party, #senate, #south-carolina, #texas, #united-states-politics-and-government, #voting-and-voters

Two Targets of Trump’s Ire Take Different Paths in South Carolina

Representative Nancy Mace, after criticizing the president for the Jan. 6 riot, has tried to focus on other issues. Representative Tom Rice, however, isn’t backing down.

#arrington-katie-1970, #conservatism-us-politics, #elections-house-of-representatives, #fry-russell-1985, #mace-nancy, #primaries-and-caucuses, #republican-party, #rice-tom-1957, #south-carolina, #trump-donald-j, #united-states-politics-and-government

With ‘Gullah Geechee Home Cooking,’ Emily Meggett Preserves a Legacy

Emily Meggett, the keeper of centuries-old culinary traditions in the Carolinas, has spent her life feeding others. At 89, she shares her kitchen wisdom.

#black-people, #content-type-personal-profile, #cooking-and-cookbooks, #gullah-geechee-home-cooking-recipes-from-the-matriarch-of-edisto-island-book, #meggett-emily, #slavery-historical, #south-carolina

South Carolina Prisoner Chooses to Be Executed by Firing Squad

Richard B. Moore chose a firing squad over electrocution but said both methods were unconstitutional. His execution, set for this month, would be the country’s first by firing squad since 2010.

#capital-punishment, #moore-richard-b, #murders-attempted-murders-and-homicides, #prisons-and-prisoners, #south-carolina, #suits-and-litigation-civil

Severe Weather in the South: What to Know About the Forecast

Parts of Texas were hit by fast-moving storms on Monday. More than nine million people were under an enhanced risk for severe weather on Tuesday, meteorologists said.

#alabama, #florida, #fort-worth-tex, #georgia, #national-weather-service, #severe-weather, #south-carolina, #texas, #tornadoes, #weather

Aliyah Boston Wants People to Forget That Moment Against Stanford

Her move to Massachusetts from the Virgin Islands at age 12 exposed her to a world of basketball possibilities. Now she’s leading top-ranked South Carolina into the round of 16.

#basketball-college, #boston-aliyah-2001, #content-type-personal-profile, #duncan-tim-1976, #ncaa-basketball-championships-women, #parenting, #south-carolina, #st-thomas-virgin-islands, #staley-dawn, #university-of-south-carolina, #worcester-mass

In South Carolina, Nikki Haley Finds Some Distance from Trump

Nikki Haley, the former United Nations ambassador, used a well-timed endorsement of Representative Nancy Mace to get on the opposite side of the former president.

#arrington-katie-1970, #endorsements, #fry-russell, #haley-nikki-r, #house-of-representatives, #mace-nancy, #midterm-elections-2022, #presidential-election-of-2024, #primaries-and-caucuses, #rice-tom-1957, #south-carolina, #trump-donald-j, #united-states-politics-and-government

Former Police Chief Faked Death to Evade Charges, Officials Say

William Anthony Spivey, who resigned last year as the Chadbourn, N.C., police chief after a misconduct investigation, has been charged with more than 70 felonies, the authorities said.

#chadbourn-nc, #embezzlement, #ethics-and-official-misconduct, #horry-county-sc, #north-carolina, #robberies-and-thefts, #south-carolina, #spivey-william-anthony

Michelle Childs Would Be Unconventional Supreme Court Pick

The judge is seen by some as a long shot for the Supreme Court, but supporters say her bipartisan backing and the appeal of her humble ascent should not be overlooked.

#appointments-and-executive-changes, #childs-j-michelle, #columbia-sc, #content-type-personal-profile, #south-carolina, #supreme-court-us, #united-states-politics-and-government

Clyburn Pushes Childs for Supreme Court, Testing Sway With Biden

The highest-ranking Black member of Congress is credited with helping resurrect the president’s 2020 campaign at a critical point. Now he is calling in a favor.

#appointments-and-executive-changes, #biden-joseph-r-jr, #black-people, #breyer-stephen-g, #childs-j-michelle, #clyburn-james-e, #congressional-black-caucus, #presidential-election-of-2020, #south-carolina, #supreme-court-us, #united-states-politics-and-government

Unusual Ice and Snow Storm Hits the Carolinas and Virginia

A Delta flight skidded on a runway and roads remained dangerous on Saturday as the storm brought eight inches of snow to some places.

#north-carolina, #power-failures-and-blackouts, #roads-and-traffic, #snow-and-snowstorms, #south-carolina, #virginia, #weather

Winter Storm Expected to Bring Snow From the Dakotas to the East Coast

‘There’s more uncertainty than usual,’ one forecaster said.

#airlines-and-airplanes, #des-moines-iowa, #east-coast-us, #georgia, #interstate-95, #iowa, #kansas-city-mo, #kentucky, #mid-atlantic-states-us, #missouri, #national-weather-service, #new-york-city, #north-carolina, #north-dakota, #philadelphia-pa, #rain, #snow-and-snowstorms, #south-carolina, #virginia, #washington-dc, #weather

Alex Murdaugh Charged With Swindling Sons of Dead Housekeeper

Mr. Murdaugh, the scion of a legal dynasty in South Carolina, is accused of pocketing $2.8 million in settlement money that was supposed to go to the housekeeper’s family.

#murdaugh-alex-1968, #smith-curtis-edward-1960, #south-carolina

Unsolved Murdaugh Murders Expose Years of South Carolina Mysteries

Alex Murdaugh, the powerful lawyer who asked a handyman to kill him, had a spectacular fall from grace. Five people in his family’s orbit have died in recent years, and investigators are looking for connections.

#murdaugh-alex-1968, #murdaugh-margaret-d-2021, #murdaugh-paul-d-2021, #murders-attempted-murders-and-homicides, #smith-curtis-edward, #south-carolina, #suits-and-litigation-civil

Alex Murdaugh Surrenders After Trying to Fake His Own Killing

But Mr. Murdaugh, part of a prominent family of South Carolina lawyers, has denied any involvement in the unsolved killings of his wife and son in June.

#murdaugh-alex-1968, #murders-attempted-murders-and-homicides, #south-carolina

How a Housekeeper’s 2018 Death Became the Latest Murdaugh Murder Mystery

State police opened an inquiry into the death of a housekeeper at the home of Alex Murdaugh, the latest twist in the story of the powerful South Carolina family.

#murdaugh-alex-1968, #murders-attempted-murders-and-homicides, #south-carolina

Alex Murdaugh Shooting: Former Client Charged With ‘Assisted Suicide’

A 61-year-old man was arrested after Mr. Murdaugh survived a shooting on a rural South Carolina road. Mr. Murdaugh’s wife and son were fatally shot in June.

#eddie-smith-curtis, #murdaugh-alex-1968, #murders-attempted-murders-and-homicides, #south-carolina

A Hidden Shame in Nursing Homes

A Times investigation suggests that strict rules on the use of antipsychotic drugs in elder care have a gaping loophole.

#audio-negative-sad, #bed-sores, #dementia, #elder-care, #nursing-homes, #south-carolina

Behind Jasper Johns’s New Exhibition ‘Mind/Mirror’

Two major museums teamed up for “Mind/Mirror,” only to realize they disagreed. Alike yet different, the two shows offer a revelatory look at America’s most famous living artist.

#art, #carlos-basualdo, #cezanne-paul, #content-type-personal-profile, #duchamp-marcel, #johns-jasper, #lauder-leonard-a, #manhattan-nyc, #museums, #philadelphia-pa, #philadelphia-museum-of-art, #rauschenberg-robert, #rothkopf-scott, #sculpture, #sharon-conn, #south-carolina

Flood Damage From Ida? Your Homeowner’s Policy Probably Won’t Cover That.

Most flood coverage is offered through a federal program, though some insurers offer extra insurance for sump pump failure.

#alabama, #content-type-service, #flood-insurance, #gulf-coast-us, #homeowners-insurance, #hurricane-ida-2021, #louisiana, #mississippi, #national-flood-insurance-program, #new-jersey, #new-york-state, #northeastern-states-us, #south-carolina, #tennessee

The Murdaugh Murder Mystery: Shot Lawyer Had Been Pushed Out of Law Firm

Alex Murdaugh, a member of a powerful legal dynasty in South Carolina, was accused by his firm of misusing funds. A day later, Mr. Murdaugh reported that he had been shot on a rural road.

#murdaugh-alex-1968, #murdaugh-paul-d-2021, #murders-attempted-murders-and-homicides, #south-carolina

The Murdaugh Murder Mystery Takes on a New Twist

Alex Murdaugh, the descendant of a prominent family of lawyers in rural South Carolina, was shot on Saturday, nearly three months after his wife and son were killed at their home.

#alex-murdaugh, #deaths-fatalities, #maggie-murdaugh, #murders-attempted-murders-and-homicides, #paul-murdaugh, #south-carolina

Tap Dancing With Trump: Lindsey Graham’s Quest for Relevance

The senator went from Donald J. Trump’s public enemy to his impassioned defender. Now he’s a golfing regular at Mar-a-Lago, advising the former president on his future. What is behind one of the unlikeliest partnerships in politics?

#bannon-stephen-k, #biden-hunter, #biden-joseph-r-jr, #graham-lindsey, #kavanaugh-brett-m, #kushner-jared, #lieberman-joseph-i, #mccain-john, #presidential-election-of-2016, #presidential-election-of-2020, #republican-party, #south-carolina, #storming-of-the-us-capitol-jan-2021, #trump-donald-j, #trump-donald-j-jr, #trump-ivanka, #united-states-politics-and-government

Nancy Mace Called Herself a ‘New Voice’ for the G.O.P. Then She Pivoted.

Her shift reflects how rank-and-file Republicans — even those who may disagree with him — have decided it is too perilous to openly challenge former President Donald J. Trump.

#house-of-representatives, #mace-nancy, #presidential-election-of-2020, #republican-party, #south-carolina, #storming-of-the-us-capitol-jan-2021, #trump-donald-j, #united-states-politics-and-government

Tropical Storm Danny Makes Landfall Over South Carolina

Danny is the fourth named storm of the Atlantic hurricane season.

#georgia, #hurricanes-and-tropical-storms, #south-carolina, #tropical-storm-danny

Polestar picks the US to build its next electric vehicle

An SUV underneath a white sheet

Enlarge / This is as much of the Polestar 3 as the company is ready to share right now. But the SUV goes into production in 2022. (credit: Polestar)

On Wednesday morning, the electric carmaker Polestar revealed that it will build its forthcoming SUV in the United States. Polestar is a joint venture between Volvo and Geely, and so it therefore makes sense that US Polestar production will take place at Volvo’s plant in Ridgeville, South Carolina.

“Polestar 3 will be built in America, for our American customers. I remember the great response when I first shared Polestar’s vision here in the USA and I am proud that our first SUV will be manufactured in South Carolina. From now on, the USA is no longer an export market but a home market,” said Polestar CEO Thomas Ingenlath.

“Production in the USA reduces delivery times as well as the environmental impact associated with shipping vehicles around the world. It will even have a positive impact on the price of Polestar 3,” said Polestar COO Dennis Nobelius.

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#cars, #electric-suv, #polestar, #south-carolina, #volvo

County Reaches $10 Million Settlement in Jailed Black Man’s Death

Officials in Charleston County, S.C., unanimously approved a settlement with the family of Jamal Sutherland, who died in January after sheriff’s deputies used pepper spray and Tasers on him.

#assaults, #black-people, #charleston-sc, #deaths-fatalities, #police-brutality-misconduct-and-shootings, #south-carolina, #sutherland-jamal-1989-2021, #united-states

2 South Carolina Deputies Fired for Role in Jamal Sutherland’s Death

The deputies, Sgt. Lindsay Fickett and Detention Deputy Brian Houle, used pepper spray and Tasers on Jamal Sutherland on Jan. 5 at the detention center in Charleston County.

#assaults, #black-lives-matter-movement, #black-people, #charleston-sc, #deaths-fatalities, #fickett-lindsay, #george-floyd-protests-2020, #houle-brian-charleston-county-sc-police-officer, #police-brutality-misconduct-and-shootings, #south-carolina, #sutherland-jamal-1989-2021

Video Footage of Death of Black Man in South Carolina Jail Stirs Outrage

The death of Jamal Sutherland after officers tried to remove him from his cell using pepper spray and Tasers raised calls for changes in the treatment in custody of the mentally ill.

#black-lives-matter-movement, #black-people, #charleston-sc, #deaths-fatalities, #fickett-lindsay, #floyd-george-d-2020, #houle-brian, #mental-health-and-disorders, #police-brutality-misconduct-and-shootings, #south-carolina, #sutherland-jamal, #video-recordings-downloads-and-streaming

After a Decade Without Executions, South Carolina’s Solution: Bring Out the Firing Squad

State lawmakers have voted to add the firing squad as an alternative to the electric chair or lethal injection, with the drugs used for capital punishment in short supply.

#capital-punishment, #drugs-pharmaceuticals, #law-and-legislation, #mcmaster-henry, #south-carolina

Pence Speaks Fondly of Trump in First Speech of Biden Era

The former vice president credited the Trump administration with “four years of consequence, four years of results and four years of promises made and promises kept.”

#biden-joseph-r-jr, #conservatism-us-politics, #palmetto-family-council, #pence-mike, #south-carolina, #trump-donald-j, #united-states-politics-and-government

Hustle Fund backs Fintor, which wants to make it easier to invest in real estate

Farshad Yousefi and Masoud Jalali used to drive through Palo Alto neighborhoods and marvel at the outrageous home prices. But the drives sparked an idea. They were not in a financial position to purchase a home in those neighborhoods (to be clear, not many people are) either for investment or to live. But what if they could invest in homes in up and coming cities throughout the U.S.?

Then they realized that even that might be a challenge considering that with all their student debt, affording a down payment would be impossible.

“There was nothing available out there besides a crowdfunding platform, which when we first signed up, took away $1,000 from our account that we didn’t have, and then our capital would be locked up for 3 to 10 years,” recalls Yousefi.

So the pair started doing research and spoke to 1,000 individuals under the age of 35. Eight out of 10 said they would like to invest in real estate but were deterred by all the barriers to entry.

“There is clearly a large demand for access to real estate,” Yousefi said. “And we wanted to give people a way to invest in it like they can in stocks, via a mobile app.”

And so the idea for Fintor was born.

Yousefi and Jalali founded the company in 2020 with the goal of purchasing homes via an LLC, and turning each into shares through a SEC-approved broker dealer. Individuals can then buy shares of the homes via Fintor’s platform. Its next step is to sign agreements with individual real estate investors or bigger real estate development firms to list their properties on the platform and give people the opportunity to buy shares.

And now Fintor has raised $2.5 million in seed money to continue building out its fractional real estate investing platform. The startup aims to “fractionalize” houses and other residential property, giving people in the U.S. access to investment opportunities “starting with as little as $5.” The company attracted the interest of investors such as 500 Startups, Hustle Fund, Graphene Ventures, Houston-based real estate investor Manny Khoshbin, Mana Ventures and other angel investors such as Cindy Bi, Skyler Fernandes, VU Venture Partners, Minal Hasan, Andrew Zalasin, Alluxo CEO and Founder Safa Mahzari, SquareFoot CEO and founder Jonathan Wasserstrum and Teachable CEO and founder Ankur Nagpal.

Image Credits: Fintor

Fintor is eying markets such as Kansas City, South Carolina, and Houston, Texas, where it already has some properties. It’s looking for homes in the $80,000 to $350,000 price range, and millennials and GenZers are its target demographic.

“Fintor can give the same return as the stock market, but at half the risk,” Yousefi said. “As two [Iranian] immigrants, we’ve seen how much this country has to offer and how real estate sits at the top of everything, yet is so inaccessible.”

The pair had originally set out to raise just $1 million but the round was quickly “way oversubscribed,” according to Yousefi, and they ended up raising $2.5 million at triple the original valuation.

Jalali said the company will use machine learning technology to filter and rate properties as it scales its business model.

“We’ll use ML to categorize neighborhoods and to come up with the price of properties to offer to potential sellers,” he added. “Our ultimate goal is to create indexes so that people can invest in multiple properties in a given city. That creates diversification right away.”

.Elizabeth Yin, co-founder and general partner of Hustle Fund, believes that Fintor is solving a generational problem with real estate.

“Retail investors have almost no access to great real estate investments today and the best opportunities are reserved for the select few,” she told TechCrunch. “Not to mention that in addition to access, retail investors often need a lot of capital in order to have a diversified portfolio or be accredited to join funds.”

Fintor’s approach to securitize real estate assets will give millions of investors who are not accredited investors access they would otherwise not have had, Yin added. 

“Simultaneously, it provides increased liquidity to property owners, while improving the user experience for both parties,” she said. “Effectively this becomes a new asset class, because it’s entirely turnkey and is fractionalized, which opens up many new pockets of investors.”

#ankur-nagpal, #articles, #ceo, #cindy-bi, #crowdfunding, #elizabeth-yin, #entrepreneurship, #financial-technology, #fintech, #funding, #fundings-exits, #graphene-ventures, #houston, #hustle-fund, #kansas-city, #machine-learning-technology, #ml, #palo-alto, #proptech, #real-estate, #recent-funding, #retail-investors, #south-carolina, #squarefoot, #startups, #tc, #technology, #texas, #u-s-securities-and-exchange-commission, #united-states, #venture-capital

South Carolina Shooting Leaves Five Dead

The victims included the doctor’s wife and two of their eight grandchildren. A suspect was in custody, but the motive was unclear.

#mass-shootings, #murders-attempted-murders-and-homicides, #rock-hill-sc, #south-carolina

Absolutists Are Taking Over the Anti-Abortion Movement

Taking their cue from Trump, they are going all out to overturn Roe v. Wade.

#abortion, #alito-samuel-a-jr, #barrett-amy-coney, #law-and-legislation, #national-right-to-life-committee, #politics-and-government, #porter-janet-1962, #pregnancy-and-childbirth, #roberts-john-g-jr, #south-carolina, #state-legislatures, #states-us, #supreme-court-us, #thomas-clarence, #trump-donald-j, #united-states

Nevada Is Moving to Vote Before Iowa in 2024. Harry Reid Makes the Case.

Goodbye, Iowa and New Hampshire. Hello, Nevada and South Carolina? The former Nevada senator is just one voice arguing that it’s time to change the nomination calendar.

#biden-joseph-r-jr, #clyburn-james-e, #iowa, #nevada, #new-hampshire, #primaries-and-caucuses, #reid-harry, #south-carolina

A ‘Race’ to Vaccinate, After South Africa Variant Is Detected in South Carolina

The mutation raised the stakes for South Carolina, which is reporting the second-highest rate of new infections in the nation. It is believed to be less receptive to vaccines.

#coronavirus-2019-ncov, #disease-rates, #south-carolina, #vaccination-and-immunization

Florida ‘Monkey Whisperer’ Is Charged With Illegal Animal Sales

Jimmy Wayne Hammonds, who runs an exotic animal ranch, illegally sold rare monkeys, prosecutors said.

#alabama, #animals, #california, #florida, #monkeys-and-apes, #nevada, #new-york-times, #south-carolina, #united-states, #wildlife-trade-and-poaching

Home services platform Porch acquires four companies

Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of America for $100 million, which gets Porch deeper into the home insurance space. In addition, Porch is also acquiring mover marketing and data platform V12 for $22 million, as well as home inspection service Palm-Tech and iRoofing, a SaaS application for roofing contractors. Porch did not disclose the acquisition prices for the latter two companies.

You may still think of Porch as a marketplace for home improvement and repair services — and that’s what it started out as when it launched about seven years ago. Yet while it still offers those services, a couple of years after its 2013 launch, the company pivoted to building what it now calls a “vertical software platform for the home.” Through a number of acquisitions, the Porch Group now includes Porch.com, as well as services like HireAHelper, Inspection Support Network for home inspectors, Kandela for providing services around moving and an insurance broker in the form of the Elite Insurance Group. In some form or another, Porch’s tools are now used — either directly or indirectly — by two-thirds of U.S. homebuyers every month.

Porch founder and CEO Matt Ehrlichman. Image Credits: Porch

As Porch founder and CEO Matt Ehrlichman told me, he had originally planned to take his company public through a traditional IPO. He noted that going the increasingly popular SPAC route, though, allowed him to push his timeline up by a year, which in turn now enables the company to make the acquisitions it announced today.

“In total, we had a $323 million fundraise that allows us now to not only be a public company with public currency, but to be very well capitalized. And picking up that year allows us to be able to go and pursue acquisitions that we think make really good fits for Porch,” Ehrlichman told me. While Porch’s guidance for its 2021 revenue was previously $120 million, it’s now updating that guidance to $170 million based on these acquisitions. That would mean Porch would grow its revenue by about 134% year-over-year between 2020 and 2021.

As the company had previously laid out in its public documents, the plan for 2021 was always to get deeper into insurance. Indeed, as Ehrlichman noted, Porch these days tends to think of itself as a vertical software company that layers insurtech on top of its services in order to be able to create a recurring revenue stream. And because Porch offers such a wide range of services already, its customer acquisition costs are essentially zero for these services.

Image Credits: Homeowners of America

Porch was already a licensed insurance brokerage. With Homeowners of America, it is acquiring a company that is both an insurance carrier as well as a managing general agent..

“We’re able to capture all of the economic value from the consumer as we help them get insurance set up with their new home and we can really control that experience to delight them. As we wrap all the technology we’ve invested in around that experience we can make it super simple and instant to be able to get the right insurance at the right price for your new home. And because we have all of this data about the home that nobody else has — from the inspection we know if the roof is old, we know if the hot water system is gonna break soon and all the appliances — we know all of this data and so it just gives us a really big advantage in insurance.”

Data, indeed, is what a lot of these acquisitions are about. Because Porch knows so much about so many customers, it is able to provide the companies it acquires with access to relevant data, which in turn helps them offer additional services and make smarter decisions.

Homeowners of America is currently operating in six states (Texas, Arizona, North Carolina, South Carolina, Virginia and Georgia) and licensed in 31. It has a network of more than 800 agencies so far and Porch expects to expand the company’s network and geographic reach in the coming months. “Because we have [customer acquisition cost]-free demand all across the country, one of the opportunities for us is simply just to expand that across the nation,” Ehrlichman explained.

As for V12, Porch’s focus is on that company’s mover marketing and data platform. The acquisition should help it reach its medium-term goal of building a $200 million revenue stream in this area. V12 offers services across multiple verticals, though, including in the automotive space, and will continue to do so. The platform’s overall focus is to help brands identify the right time to reach out to a given consumer — maybe before they decide to buy a new car or move. With Porch’s existing data layered on top of V12’s existing capabilities, the company expects that it will be able to expand these features and it will also allow Porch to not offer mover marketing but what Ehrlichman called “pro-mover” services, as well.

“V12 anchors what we call our marketing software division. A key focus of that is mover marketing. That’s where it’s going to have, long term, tremendous differentiation. But there are a number of other things that they’re working on that are going to have really nice growth vectors, and they’ll continue to push those,” said Ehrlichman.

As for the two smaller acquisitions of iRoofing and Palm-Tech, these are more akin to some of the previous acquisitions the company made in the contractor and inspection verticals. Like with those previous acquisitions, the plan is to help them grow faster, in part through integrating them into the overall Porch group’s family of products.

“Our business is and continues to be highly recurring or reoccurring in nature,” said Porch CFO Marty Heimbigner. “Nearly all of our revenues, including that of these new acquisitions, is consistent and predictable. This repeat revenue is also high margin with less than 20% cost of revenue and is expected to grow more than 30% per year on our platform. So, we believe these deals are highly accretive for our shareholders.”

#arizona, #contractor, #exit, #finance, #financial-services, #georgia, #ing-group, #insurance, #insurance-broker, #ma, #mergers-and-acquisitions, #north-carolina, #porch, #real-estate, #software, #software-platform, #south-carolina, #tc, #texas, #united-states, #virginia

Jaime Harrison Said to Be Pick for Next D.N.C. Chair

Mr. Harrison, a veteran of South Carolina politics, was the Democratic nominee against Senator Lindsey Graham and shattered fund-raising records in the race.

#biden-joseph-r-jr, #democratic-national-committee, #democratic-party, #harrison-jaime-r-1976, #south-carolina

South Carolinians Mock Redesigned Palmetto Tree on Proposed State Flag

A proposed new look for the beloved state tree has drawn complaints that it looks like a toilet brush or like one of the palmettos battered by Hurricane Hugo in 1989.

#flags-emblems-and-insignia, #palmetto-tree, #south-carolina, #vexillology

What Does President-Elect Biden Owe to Black Voters, Communities?

In his victory speech, the president-elect said of Black voters: “You’ve always had my back, and I’ll have yours.” Many of those voters are watching to see what he does in office.

#biden-joseph-r-jr, #black-people, #presidential-election-of-2020, #presidential-transition-us, #south-carolina

Navy Research Confirms Need for Strict Coronavirus Testing Protocols

Two new studies clarify how Covid-19 spreads among young adults and expose the limits of quarantine measures.

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Lindsey Graham Wins a Fourth Term in South Carolina, Beating Jaime Harrison

Mr. Graham, a Republican, fended off Jaime Harrison, a Democrat, whose campaign captured liberal energy — and dollars — from across the country.

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Graham and Harrison Battle Over the ‘New South,’ in Their Final Appeals

As Jaime Harrison called Lindsey Graham a 1950s relic, the Republican incumbent urged voters to re-elect him to help protect a way of life.

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Black Senate Candidates in South Tell Democrats to ‘Meet the Moment’

Several Black Democrats are running competitively in conservative states, and they are doing so by talking explicitly about race.

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Lindsey Graham Leads Jaime Harrison in South Carolina Race, Poll Shows

Mr. Graham, in a tough fight for re-election, is ahead by six percentage points, a Times/Siena College poll shows. President Trump leads Joseph R. Biden Jr. by eight points in a state he won by 14 in 2016.

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South Carolina Is Changing. Is It Enough to Put Jaime Harrison Over the Top?

The state hasn’t had a Democratic senator in decades. Mr. Harrison is betting that immigration and growing support from women will change that.

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Jaime Harrison Raises $57 Million as Democratic Cash Floods Senate Races

The amount is the highest quarterly fund-raising total for any Senate candidate in U.S. history and part of an extraordinary surge of money pouring into Democrats’ campaigns.

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