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30 items you can get online at Costco for cheaper than Amazon

8/27/2018

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30 items you can get online at Costco for cheaper than Amazon

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The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase.

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Costco is the land of endless free samples and some great deals on bulk items.

Shopping at Costco is truly a unique experience, but with its great prices it can be hard to leave the store without a trunk full of heavy boxes. The convenience of online shopping, and the thought of never having to lug heavy bags of groceries ever again, make services like Amazon's Prime Pantry  and Jet.com's grocery department very tempting. The good news for Costco lovers and bargain hunters alike is that you don't need to count the warehouse giant out of the running if you prefer to do your grocery shopping from a screen. 

Yes, you can order from Costco online — but there are some caveats. Here's what you should know:

Normally, you have to be a member to shop at Costco. The membership options are either a $60 or $120 annual fee. To shop online, you don't have to have a membership card, but there are caveats. For non-members, most online items apply a 5% surcharge at checkout. Depending on how much you plan to spend at Costco every year, the 5% surcharge may cost you less than an annual membership would.

Also important to note, some items on the site have a delivery fee. If you spend over $75 on an order, these separate delivery fees are waived, which is not hard to do given that most of the items are big, bulk buys. Additionally, the prices and availability of items are based on your zip code, so for the purpose of this article we used a Manhattan zip.

Whether or not you're a member, you can still take advantage of the great deals Costco has to offer when you shop on their website. We did the grunt work and scoured Costco, as well as its competitors, to figure out what deals are actually worth it. 

Check out our list of 30 great deals you can find online at Costco:

Scoshe BoomBottle Wireless Speaker

Costco

Scosche BoomBottle Wireless Bluetooth Speaker, $69.99

You don't have to buy everything in bulk at Costco. This bluetooth speaker is waterproof, dust-proof and has a built-in bottle opener, plus it's sold for a great price at Costco.

Compare to $93.93 at Amazon.



Charmin Ultra Strong Toilet Paper

Costco

Charmin Ultra Strong Toilet Paper, 30 Jumbo rolls, $28.49

Many everyday items, especially ones that never expire (like toilet paper), are worth buying in bulk. If you live with a lot of people, 30 rolls isn't as much as it seems. Even if you live alone and have the space to store the larger packaging, you can save a good deal of money on buying this everyday essential in bulk. 

Compare to $49.99 at Amazon.

 



Crest 3D Whitening Toothpaste

Costco

Crest 3D White Advanced Whitening Toothpaste 6-ounce, 5-pack, $17.99

Like toilet paper, you're always going to need toothpaste. When you buy this everyday essential in bulk at Costco you get more bang for your buck. The Costco price is more than $0.30 an ounce cheaper than most competitors, which may not seem like much, but it adds up quickly.

Compare to $5.71 for a 2-pack of 3.5-ounce tubes, at Amazon.



See the rest of the story at Business Insider

See Also:

  • The best 3D printers you can buy
  • 7 products that will extend the life of your shoes by protecting them from rain, snow, and salt
  • The best headphones you can buy for less than $50




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August 27, 2018 at 03:39PM
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Trump finally lowers flags to half-mast in McCain's honor after hours of pressure from veterans members of Congress

8/27/2018

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Trump finally lowers flags to half-mast in McCain's honor after hours of pressure from veterans, members of Congress

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White House flagPablo Martinez Monsivais/AP

  • The White House on Monday afternoon lowered the flag to half-mast after facing mounting criticism over the decision to raise it earlier in the day, so soon after Sen. John McCain's death. 
  • "Despite our differences on policy and politics, I respect Senator John McCain’s service to our country and, in his honor, have signed a proclamation to fly the flag of the United States at half-staff until the day of his interment," Trump said in a statement. 
  • Trump and McCain had a combative relationship and the president once said the Arizona senator was not a war hero since he'd been captured during the Vietnam War. 

The White House on Monday afternoon lowered the flag to half-mast after facing mounting criticism from veterans groups and members of Congress over the decision to raise it earlier in the day so soon after Sen. John McCain's death. 

When a member of Congress dies, US Flag code calls for the flag to be flown at half-mast on the day of death and the following day. The Trump administration honored this precedent over the weekend after McCain's death.

But it's also been custom for presidents to sign a proclamation calling for the flag to remain at half-mast until the day of interment for prominent officials and figures. McCain died from brain cancer on Saturday in his home state of Arizona and is set to be interred at the US Naval Academy on Sunday. 

Reporters discovered early on Monday that flag had been returned to full-mast at the White House, Pentagon and other government buildings, marking a departure from tradition. Veterans groups promptly slammed Trump for this decision. 

Veterans groups ripped into Trump for raising the flag on Monday

The American Legion wrote a letter to Trump on Monday, stating, "I strongly urge you to make an appropriate presidential proclamation noting Senator McCain's death and legacy of service to our nation, and that our nation’s flag be half-staffed through his interment."

American Veterans (AMVETS) was more direct in its statement toward Trump, accusing him of disrespecting all veterans by flying the flag at full-mast.

"It’s outrageous that the White House would mark American hero John McCain’s death with a two-sentence tweet, making no mention of his heroic and inspiring life," Joe Chenelly, AMVETS national executive director, said.

"By lowering flags for not one second more than the bare minimum required by law, despite a long-standing tradition of lowering flags until the funeral, the White House is openly showcasing its blatant disrespect for Senator McCain’s many decades of service and sacrifice to our country as well as the service of all his fellow veterans," Chenelly added.

Veterans of Foreign Wars also called for the White House to extend the "honor" of flying the flag at half-mast for McCain. 

Meanwhile, there were bipartisan calls from Congress for the flag to be lowered, including from Sen. Chuck Schumer and Sen. Mitch McConnell. 

'Despite our differences on policy and politics, I respect Senator John McCain’s service'

Trump ultimately buckled under the pressure and on Monday afternoon released a statement announcing a presidential proclamation to lower the flag. 

"Despite our differences on policy and politics, I respect Senator John McCain’s service to our country and, in his honor, have signed a proclamation to fly the flag of the United States at half-staff until the day of his interment," Trump said. 

Trump and McCain never got along

McCain is well-known for his military record and was a decorated Vietnam War veteran.

The Arizona senator famously spent over five years as a POW in the Hanoi Hilton in Vietnam, where he was tortured and held in solitary confinement for roughly two years. McCain refused an opportunity for early release during that period over loyalty to his fellow American prisoners, and many regard him as a hero for this defiant act. 

But Trump once questioned whether McCain was a hero during the 2016 presidential election, controversially stating he didn't believe soldiers who get "captured" can be heroes. Despite being members of the same party, the two continued to butt heads until the day McCain died.

NOW WATCH: INSIDE WEST POINT: What it’s really like for new Army cadets on their first day

See Also:

  • The Pentagon is under pressure to stop spending money on 'beerbots,' which is exactly what it sounds like
  • Trump canceled his big military parade, and it looks like most Americans really couldn't care less
  • 'We just bombed a school bus': Top Democratic senator slams the US for its involvement in bloody Yemen war after bus full of children hit in airstrike

SEE ALSO: As a POW in Vietnam, John McCain refused release until his fellow prisoners were freed, making him a hero in the eyes of many





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August 27, 2018 at 03:39PM
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MoviePass isn't letting some annual subscribers cancel who were promised a refund

8/27/2018

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MoviePass isn't letting some annual subscribers cancel who were promised a refund

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MoviePassHollis Johnson/Business Insider

  • MoviePass started converting annual subscribers to monthly plans over the weekend, and some users were given the option to cancel and receive a refund for the remainder of their annual plans.
  • Many subscribers have taken to Twitter to complain that they can't cancel their plans and receive a message that says their credentials are ineligible. 
  • Two users told Business Insider that MoviePass got their sign-up dates wrong: for instance, one user signed up for an annual subscription on February 24, but the email the user received said "August 24."
  • Some MoviePass users who inquired about why they didn't receive an email about the changes said that MoviePass told them only select users were given the option.

 

Over the weekend, MoviePass sent an email to annual subscribers saying they'd be converted to the new monthly plan that the movie-theater subscription service had been slowly rolling out. Rather than being able to see one movie per day, they would only be able to see three per month.

In the email, MoviePass promised that if the annual subscribers wished to cancel, they would receive a refund for the remainder of their annual subscription.

But that process hasn't gone smoothly.

Two MoviePass annual users told Business Insider that MoviePass got their sign-up dates wrong in the email, and it could be a reason they were considered ineligible for a refund.

moviepassScreenshotIn the screenshot above, you can see that underneath the "Cancel subscription" button, there's a reference to when this subscriber started MoviePass: "The new plan's movie allotment for this month works as follows: because you began your annual subscription on August 24, any movie you saw on or past July 24 will count toward this month's allotment of movies."

However, this user told Business Insider that he actually signed up on February 24, not August 24. For another user, the message said he signed up on August 4, when he actually signed up on April 4.

MoviePass said both did not have valid credentials for a refund.

One reason why that could be is if those August dates refer to last year, MoviePass' system might consider those annual subscriptions already fulfilled, and there would be no refund "for the remainder of your annual subscription." MoviePass did not respond to a request for comment.

Other users have gone on Twitter to complain that, when they tried to cancel, they got a message saying their credentials were wrong and didn't match an eligible account.

Here are a few examples:

 

But not all annual subscribers were even notified of the change. It seems only "select" annual MoviePass subscribers received the email about their plans being converted, and were offered a refund.

Several MoviePass users provided the following message to Business Insider that they received from MoviePass Support:

"This option was only offered to select users that received an email from MoviePass about being migrated to the 3 movies a month plan. However, I can make an exception for you. I’ve enabled your ability to request a prorated refund. To do so please proceed to the following website. You have until 11:59pm EDT on August 31st to process the cancelation of your account and receive your prorated refund. This offer then expires and you will be unable to request one again. Please note you will be unable to reactivate your subscription for 9 months if you cancel your account."

One subscriber who tried to cancel said she received the same message after going back and forth with MoviePass support, however MoviePass never actually let her cancel.

Business Insider has reached out for comment from MoviePass about whether all annual subscribers will eventually receive an email about their plans being converted, and whether they will all be allowed to cancel their subscription or to accept the changes by a new deadline.

NOW WATCH: How a black cop infiltrated the KKK — the true story behind Spike Lee's 'BlacKkKlansman'

See Also:

  • Police have identified the suspect in the deadly shooting in Jacksonville — here's what we know about him
  • 3 dead, including gunman, after mass shooting at Madden video game tournament in Jacksonville, Florida
  • All the movies you're allowed to see with MoviePass this weekend, and which day

SEE ALSO: The 4 major 'Avengers 4' fan theories that have the best chance of coming true





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August 27, 2018 at 03:39PM
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Amazon opens its second cashierless store in Seattle; Chicago and San Francisco are next

8/27/2018

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Amazon opens its second cashierless store in Seattle; Chicago and San Francisco are next

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Amazon’s expansion into brick-and-mortar shows no sign of slowing down. The retailer today opened the doors at its second Amazon Go convenience store in Seattle, located in downtown Seattle at the corner of 5th and Marion. And like the first, it’s cashierless — shoppers can check out without the need to scan the items in their baskets.

The new Amazon Go offers largely the same experience as the original. Customers download the Amazon Go app on their smartphones, scan a code at the turnstiles near the entrance, and browse for goods as hundreds of ceiling-mounted cameras and pressure sensors keep a running tab of what they’ve grabbed. After they finish by scanning their code once again, the system automatically charges the payment method associated with their account. And if there’s a problem with an item, they can request a refund through the Go app.

The store’s a bit smaller than the first location (1,800 square feet) at 1,450 square feet. Another key difference? It doesn’t stock alcohol or staple groceries like bread and milk. And because there’s no room for an on-premises kitchen, fresh food like salads, sandwiches, wraps, and meal kits are delivered by local suppliers and bakeries and Amazon’s kitchen facility in Seattle.

There is, however, plenty of Amazon swag on tap, including Amazon Go-branded water bottles, mugs, and t-shirts.

Gianna Puerini, vice president at Amazon, told the Seattle Times that it’s intended to cater to a “different” population than the first store — namely office workers in search of nonperishables like gum, chips, candy, chocolates, oatmeal packs, and drinks. Partly for that reason, it’ll only be open on weekdays, from 7 a.m. to 7 p.m.

Amazon’s second Go store is the first in a wave to come. The Seattle company confirmed earlier this year that additional stores are in the works, and in May posted job listings for Chicago and San Francisco. Meanwhile, Recode reports that the company plans to open as many as six Amazon Go locations by the end of 2018.

The stores’ technology has bolstered startups looking to bring a comparable experience to existing brick-and-mortar chains. (Even Microsoft is said to be developing an Amazon Go competitor, Reuters reported in June.) Trigo Vision, a Tel Aviv, Israel-based computer vision startup made up of former Google, Amazon, and Apple employees, tracks customers’ purchases with RGB cameras in stores up to 1,800 square feet in size. Standard Cognition’s platform uses powerful security cameras to do the same, while Inokyo and Zippin, both of which opened retail locations in California this month, rely on a combination of cameras and weight sensors to tally up totals.

Amazon Go is just a part of Amazon’s broader retail strategy. It acquired grocery chain Whole Foods in June for $13.7 billion, which it’s tightly integrated with its Amazon Prime membership program and same-day Prime Now delivery service, and operates bookstores in Washington, California, Illinois, Maryland, New Jersey, New York, Oregon, and Massachusetts. And in August, reports emerged that it’s weighing the purchase of movie theater chain Landmark.





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August 27, 2018 at 03:36PM
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Stocks jump on NAFTA hopes

8/27/2018

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Stocks jump on NAFTA hopes

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FILE PHOTO: Mexico's Economy Minister Ildefonso Guajardo (L-R), Canada's Foreign Minister Chrystia Freeland and U.S. Trade Representative Robert Lighthizer arrive for a trilateral meeting during the third round of NAFTA talks involving the United States, Mexico and Canada in Ottawa, Ontario, Canada, September 27, 2017. REUTERS/Chris Wattie/File PhotoThomson Reuters

Stocks jumped Monday after the US and Mexico settled a key trade dispute surrounding a modernized NAFTA. The dollar fell, and Treasury yields jumped. 

Here's the scoreboard:

Dow Jones industrial average: 26,055.03 +264.68 (+1.03%)

S&P 500: 2,895.98 +21.29 (+0.74%)

Nasdaq Composite: 8,017.40 +71.43 (+0.90%)

  1. The US and Mexico reached a preliminary trade deal that he signaled could overhaul NAFTA. Trump claimed a new agreement would be called the "United States-Mexico Trade Agreement" and threatened to hit Canada with auto tariffs if it did not join the two countries. But President Enrique Peña Nieto pushed back on threats to exclude Canada, which is expected to begin talks with administration officials right away.
  2. The Trump administration held a final round of hearings on proposed 25% tariffs targeting an additional $200 billion worth of Chinese imports. Companies testified last week that another tranche of tariffs, which would almost certainly include more consumer products than the last, would raise costs and reduce access to foreign markets. 
  3. In efforts to make up for losses from Trump's tariffs, the Department of Agriculture said it would pay farmers up to $4.7 billion in taxpayer funds. Soybean farmers — who have seen their biggest market compromised in the US-China trade war — are poised to get a majority of the payout at up to $3.6 billion, the Wall Street Journal first reported.
  4. Volkswagen only recently started taking steps to prevent an incident like its 2015 emissions scandal, a Justice Department-appointed lawyer said in a report. Larry Thompson, assigned to monitor the German carmaker following its civil settlement with the US, cited a lack of transparency from the company after it rigged its cars to cheat emissions tests.

And a look at the upcoming economic calendar:

  • Consumer spending numbers and GDP revisions are out in the US.

NOW WATCH: How a black cop infiltrated the KKK — the true story behind Spike Lee's 'BlacKkKlansman'

See Also:

  • GOLDMAN SACHS: The market is about to be redefined by one huge shift — and buying these 14 stocks could help you make a killing
  • It looks like 'Y2K all over again' for stocks as evidence of an imminent crash continues to pile up
  • The bull market in stocks is now the longest ever. Here are the 4 main reasons it broke the record.

SEE ALSO: 'We think credibility has taken a hit': Wall Street is even more worried about Tesla's financials after Elon Musk's failed push to go private (TSLA)





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August 27, 2018 at 03:27PM
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The Trump administration is throwing $4.7 billion at US farmers to try and make up for the trade war pain

8/27/2018

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The Trump administration is throwing $4.7 billion at US farmers to try and make up for the trade war pain

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soybean farmerScott Olson/Getty Images

  • The US Department of Agriculture announced the first set of aid to US farmers hurt by President Donald Trump's trade war, totaling $4.7 billion.
  • $3.6 billion of the aid will go to soybean farmers who have been hit particularly hard due to China's tariff on the crop.
  • The aid is part of a promised $12 billion package to help offset the pain of the trade war.

The US Department of Agriculture on Monday announced the first wave of financial assistance for US farmers hurt by President Donald Trump's trade war.

The initial investment of just under $4.7 billion will be distributed to corn, cotton, dairy, hog, sorghum, soybean, and wheat farmers, who have seen prices dive since Trump kicked off the trade battles with China, Canada, the European Union, Mexico, and more. The money is the first portion of a planned $12 billion aid package.

"Early on, the President instructed me, as Secretary of Agriculture, to make sure our farmers did not bear the brunt of unfair retaliatory tariffs," USDA Secretary Sonny Perdue said in a statement. "After careful analysis by our team at USDA, we have formulated our strategy to mitigate the trade damages sustained by our farmers."

In addition to the direct monetary aid, the USDA will spend $200 million to help American farmers develop overseas markets for their goods.

The largest portion of the assistance, $3.6 billion worth, will go towards US soybean farmers. Soybean prices have nosedived since China announced a tariff on US-grown soybean crops. China imported $14.2 billion worth of US soybeans in 2016, which accounted for nearly 11% of the total value of US agricultural exports that year.

Prices of US agricultural goods have plummeted since the announcement of tariffs on American crops. Since it is harder for US farmers to sell their goods, supply gluts have become worse, driving down prices. This has hurt US farmers even if their goods are not sold directly to the countries with tariffs.

Many countries have targeted US crops with their tariffs to exert not just economic, but also political, pressure on the US, since many farmers are in GOP-held areas won by Trump. For instance, eight of the top 10 soybean-producing states were won by Trump in 2016.

Here's a breakdown of how much each type of producer will get, per the USDA:

  • Cotton: $276,900,000
  • Corn: $96,000,000
  • Diary (milk): $127,400,000
  • Pork: $290,300,000
  • Soybeans: $3,629,700,000
  • Sorghum: $156,800,000
  • Wheat: $119,200,000

According to the release, the funds will become available on September 4.

NOW WATCH: Meet the woman behind Trump's $20 million merch empire

See Also:

  • The CEO of one of America's largest crafting stores is mounting a furious campaign against Trump's tariffs
  • One of Trump's top ranking officials is 'actively pleading' with him to try and save jobs that tariffs killed in his home state
  • One quote from Chinese giant Alibaba shows how Trump's trade war could backfire




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August 27, 2018 at 03:21PM
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Stocks jump on NAFTA hopes

8/27/2018

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Stocks jump on NAFTA hopes

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FILE PHOTO: Mexico's Economy Minister Ildefonso Guajardo (L-R), Canada's Foreign Minister Chrystia Freeland and U.S. Trade Representative Robert Lighthizer arrive for a trilateral meeting during the third round of NAFTA talks involving the United States, Mexico and Canada in Ottawa, Ontario, Canada, September 27, 2017. REUTERS/Chris Wattie/File PhotoThomson Reuters

Stocks jumped Monday after the US and Mexico settled a key trade dispute surrounding a modernized NAFTA. The dollar fell, and Treasury yields jumped. 

Here's the scoreboard:

Dow Jones industrial average: 26,055.03 +264.68 (+1.03%)

S&P 500: 2,895.98 +21.29 (+0.74%)

Nasdaq Composite: 8,017.40 +71.43 (+0.90%)

  1. The US and Mexico reached a preliminary trade deal that he signaled could overhaul NAFTA. Trump claimed a new agreement would be called the "United States-Mexico Trade Agreement" and threatened to hit Canada with auto tariffs if it did not join the two countries. But President Enrique Peña Nieto pushed back on threats to exclude Canada, which is expected to begin talks with administration officials right away.
  2. The Trump administration held a final round of hearings on proposed 25% tariffs targeting an additional $200 billion worth of Chinese imports. Companies testified last week that another tranche of tariffs, which would almost certainly include more consumer products than the last, would raise costs and reduce access to foreign markets. 
  3. In efforts to make up for losses from Trump's tariffs, the Department of Agriculture said it would pay farmers up to $4.7 billion in taxpayer funds. Soybean farmers — who have seen their biggest market compromised in the US-China trade war — are poised to get a majority of the payout at up to $3.6 billion, the Wall Street Journal first reported.
  4. Volkswagen only recently started taking steps to prevent an incident like its 2015 emissions scandal, a Justice Department-appointed lawyer said in a report. Larry Thompson, assigned to monitor the German carmaker following its civil settlement with the US, cited a lack of transparency from the company after it rigged its cars to cheat emissions tests.

And a look at the upcoming economic calendar:

  • Consumer spending numbers and GDP revisions are out in the US.

NOW WATCH: I woke up at 4:30 a.m. for a week like a Navy SEAL

See Also:

  • GOLDMAN SACHS: The market is about to be redefined by one huge shift — and buying these 14 stocks could help you make a killing
  • It looks like 'Y2K all over again' for stocks as evidence of an imminent crash continues to pile up
  • The bull market in stocks is now the longest ever. Here are the 4 main reasons it broke the record.

SEE ALSO: 'We think credibility has taken a hit': Wall Street is even more worried about Tesla's financials after Elon Musk's failed push to go private (TSLA)





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August 27, 2018 at 03:21PM
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Michael Avenatti is building up his policy platform as he becomes 'more bullish than ever' about running for president

8/27/2018

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Michael Avenatti is building up his policy platform as he becomes 'more bullish than ever' about running for president

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Michael AvenattiDia Dipasupil/Getty Images for MTV

  • Michael Avenatti, the attorney for porn star Stormy Daniels, released a policy platform on Monday.
  • He told Business Insider that he is "more bullish than ever" about running for president.


Michael Avenatti, the attorney for porn star Stormy Daniels, told Business Insider on Monday that he is "more bullish than ever" about a potential run for president in 2020, after his release of a policy platform he believes is "the most substantial" released by a 2020 contender so far.

In the document, titled "What I Believe," Avenatti laid out his positions on a number of issues, ranging from climate change and criminal justice reform to taxes and trade. Avenatti's platform is built up of mainstream Democratic Party views on the subjects he lists:

  • For instance, he supports the expansion of Medicare to cover all Americans.
  • He expressed disapproval of the Republican-led tax law.
  • He said he fully supports union rights.
  • He has also pledged to accept no donations from corporate political action committees if he were to run.
  • (You can read the full platform here.)

Avenatti told Business Insider that this platform serves to put "some meat on the bones relating to where I line up on various issues."

"I think it's the most substantive policy platform that's been put forth by anyone who is potentially considering running," he said. "I'm hopeful that other candidates will follow it because I think it's fairly clear and concise."

Last week, Democratic Sen. Elizabeth Warren of Massachusetts released an ambitious anti-corruption platform that observers felt was an effort to help better define a major policy initiative she would promote as a possible 2020 candidate. As part of the announcement, Warren also released 10 years of her tax returns.

But other major potential Democratic contenders haven't yet provided a list of policy prescriptions, mostly because the primary process has yet to really take off.

Avenatti called his list of proposals "a working document that we're going to continue to disseminate from time to time."

"And we're going to provide updated deep dive policy proposals in the coming weeks and months," he said.

He is providing the list of policy stances as a response to those who have recently asked about his potential candidacy.

"I haven't decided about whether I'm going to run, that's the honest to god truth," Avenatti said. "I'm certainly considering it as I've stated."

'I've been welcomed with open arms by the party'

Avenatti has become a major presence on the left as he serves as Daniels' attorney while also wading into the family-separation crisis at the US-Mexico border. Already, Avenatti has made trips to early primary states like Iowa and New Hampshire as he explores a possible bid.

On Friday, BuzzFeed reported Avenatti is launching his own political action committee to support Democrats. The group is called Fight PAC.

That announcement came as Avenatti took meetings and met with party officials at the Democratic National Committee's annual summer meeting.

"I'm more bullish than ever," Avenatti said about his feelings on running for president after attending the summit. "I've been welcomed with open arms by the party."

Avenatti said some in the party encouraged him to seek office, adding that he received plenty of "enthusiasm from a number of superdelegates and others in attendance at the convention."

"So the level of support has been significant," he said.

Asked about how the move to limit the power of Democratic superdelegates, which the DNC voted to do during the summer meeting, could further help a possible candidacy such as his own, Avenatti said it wouldn't be too big of a deal.

"I don't know at the end of the day that it's going to matter, frankly," he said.

NOW WATCH: Meet the woman behind Trump's $20 million merch empire

See Also:

  • Trump reportedly has no regrets about saying McCain was 'not a war hero'
  • Trump reportedly won't comment on McCain while he's still alive, and repeatedly says he should step down from his Senate seat
  • Democrats are incredibly cautious about discussing Trump's impeachment even after 2 of his top aides have been convicted

SEE ALSO: Steve Bannon's message to Trump voters: It doesn't matter if your congressman is a 'RINO' — vote for them, or else Trump gets impeached





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August 27, 2018 at 03:09PM
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Stop Trying to Pretend That You're Perfect

8/27/2018

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Stop Trying to Pretend That You're Perfect

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The ability to be vulnerable is such an important aspect of life that I switched the two words sitting on my nightstand from "Thank You" to "Radical Humility," as a reminder to be humble and allow myself to be vulnerable. And it's not simply being vulnerable as a person at home with your family; it is essential to also be vulnerable as a leader in business.

Related: 22 Qualities That Make a Great Leader

Vulnerability is simply the courage to be yourself, "warts and all," a core component of effective leadership. Leaders who try to portray themselves as invulnerable or perfect will soon find that their message does not resonate with their team. Not only that, but a façade of invulnerability is a defense which attracts attacks from others. Vulnerability means living in authenticity.

Vulnerability means authenticity.

Authenticity is what helps you to connect emotionally with your team. As you know, the truth vibrates the fastest and the truth is a cornerstone of vulnerability. Those who are not willing to admit this are unable to grow in their humanity and will not be viewed as genuine at heart.

One of my favorite quotes on the role of vulnerability in our lives comes from the poet David Whyte: "Vulnerability is not a weakness, a passing indisposition or something we can arrange to do without, vulnerability is not a choice, vulnerability is the underlying, ever present and abiding undercurrent of our natural state."

Related: 10 Books Every Leader Should Read to Be Successful

Illuminate flaws.

In order to display your vulnerability, you must illuminate your mistakes when you make them. Being vulnerable means that you are honest and accountable, especially when analyzing yourself. You need to know what you are good at, in what areas you need to improve, what you are hiding, your flaws or your experiences where shame lies. You must be accountable to yourself as well as others, which starts by looking within your ego and being truthful with yourself.

You need to accept that you are not perfect, and that making mistakes is a normal part of being a leader and a human. One of most helpful things that comes along with being vulnerable is that it elevates your self-awareness.

I did not understand this importance early on, until a big "a-ha" moment came to me one time. I was immensely frustrated, dealing with someone I had dubbed "a bullshitter." I was wasting tons of energy thinking about the person's approach to business, until I realized what was bugging me so bad ... I was a bullshitter, myself.

As a result of being honest with myself, I finally exposed one of my vulnerabilities. I was then able to work through a more truthful way of doing business. This led me to much more success, devoid of backend selling, overselling or manipulating to arrive at the deal I wanted.

 

The biggest lightbulb moment in my life was when I realized what bothered me the most about others was what bugged me the most about myself.

A post shared by David Meltzer (@davidmeltzer) on Aug 3, 2018 at 10:46am PDT

Related: 15 Ways to Lead With Effective Communication

Create an environment of vulnerability and truth.

To be vulnerable with others, you must learn to illuminate your flaws as well as your mistakes when you make them. This creates an environment of forgiveness and fosters growth for those you are leading. That’s why I created the “Dummy Tax Award” in my office. After I talk about some mistakes of my own, all employees get an opportunity to tell me the biggest mistake they've made the past week, how it affected my business and (most importantly) identify the business or life principle where they failed, that led to their mistake. Then, whoever learned the biggest lesson, in my subjective opinion, receives a bonus.

This is how you create an environment that encourages vulnerability. This is how you reinforce forgiveness among your team members, for themselves and others. You bring accountability and the core values of your company together to create a collective belief in the value of being vulnerable and honest. As a leader, you must encourage showing forgiveness for the mistakes of others; and illuminate the mistakes that you've made yourself, in order for your messages to resonate with your team.

Related: Inspirational Quotes From 100 Famous Business Leaders (Infographic)

Live as a vulnerable leader.

To live this way is especially tough in a hypercompetitive industry, and when you're in a leadership role. But, it is essential if you want to connect emotionally with your team and allow them to pursue their peak potential. Vulnerability means taking a stance on who you are, as well as recognizing who you might not yet be.

Vulnerability empowers you to recognize the flaws in your mindset or decision-making and do the work to change things. Don't be afraid of being vulnerable. We are all human, we all make mistakes and we all should forgive -- not just others, but especially ourselves.

Related:
Stop Trying to Pretend That You're Perfect
Isolation in Entrepreneurship Is Real. At Business Events, Women Need Empathetic Connections.
What Scandalized Companies Like Facebook and Uber Can Learn From Jay-Z





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August 27, 2018 at 03:01PM
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'It is this phenomenal game of hot potato':Marketers are poring over legal documents to make sure they don't screw up using data on Facebook

8/27/2018

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'It is this phenomenal game of hot potato': Marketers are poring over legal documents to make sure they don't screw up using data on Facebook

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facebook ceo mark zuckerberg gestureREUTERS/Charles Platiau

  • Facebook is shutting down its Partner Categories ad program and replacing it with Custom Audiences, which will still allow third parties to work with brands in building audiences — but puts the data protection onus on marketers.
  • Agencies and data brokers are working together directly to set up contracts but are running into legal snafus over which partners are responsible for data.
  • The new program also exposes the exact fees that advertisers pay for data, which agencies say have opened marketers' eyes to what they're actually paying.
  • The move comes as some brands question third-party data altogether because of new privacy and legal concerns.

Facebook's recent decision to clamp down on how brands can and can't use third party data for ad targeting is causing a boom in legal work at agencies.

As Facebook continues to wind down Partner Categories — an ad product which allowed big brands to access third-party data like household income and loyalty programs from companies like Oracle and Acxiom to deliver ads, agencies are shifting gears.

Advertisers now have the option to tap into a Facebook program dubbed Custom Audiences, which still lets them work with third parties data companies but removes Facebook's involvement in helping advertisers craft audiences.

In other words, when it comes to data, Facebook is dumping any and all consumer protection responsibilities onto marketers.

As a result, brands and data brokers now work together to create their own contracts, which are turning out to include lengthy and sometimes muddy terms and conditions, according to agencies.

Using third party data on Facebook is becoming messy, and pricey

In interviews with six agencies for this story, several execs agreed that Facebook's new guidelines around third-party data are an important — if not necessary — step for the company as it continues to seal up its platform against possible data mishaps and privacy issues for advertisers.

The heat has been on Facebook over the past year to get its ad targeting policies right, following the Cambridge Analytica mess, accusations of Russian election meddling, as well as the rollout of European Union's General Data Protection Regulation.

Some see Facebook's decision to get rid of Partner Categories as a way to protect consumers. Others see it as a way for the social networking giants to assert more control of advertising on its platform while dodging responsibility.

Besides the new moves to rework its relationships with third parties, Facebook has also rolled out transparency tools and eliminated thousands of discriminatory ad targeting options for advertisers, which are collectively geared at cleaning up the platform for advertisers by putting new controls in place.

"Facebook has forced all our hands but I think it creates a good opportunity in some ways to talk to clients about how to think more deliberately about how they buy," said Jon Taylor, SVP of global data strategy at Essence. "Going through that process is a little cumbersome because you have to do contracts — while that may seem like a drag, [it] actually forces the market to watch a lot more closely what they're buying."

lawyersMinerva Studio/Shutterstock

There is a lot of uncertainty when it comes to which parties are liable for data usage on Facebook

While these changes may be making advertisers more aware of what they are actually buying on Facebook, the transition from Partner Categories to Custom Audiences has been rocky for some, particularly with figuring out how liability for data breaks down between parties.

“Selecting a segment from an audience marketplace and testing it online is quite different then putting pen to paper with a direct seller, making commitments and taking on more direct liability,” Taylor said.

Plus, there are a sprawling number of ways that advertisers use data on Facebook that slightly overlap with each other depending on the use case that need to be ironed out in contracts:

  • Brands own first-party data like email lists and website orders. But those data sets are usually too small to run big campaigns that target millions of users.
  • Data providers pull in aggregated stats from surveys and store-loyalty programs to create large pools of third-party data — but it’s anonymous and often meshed with first-party data from brands.
  • Agencies don’t typically own data but they do get paid by brands to manage it for brands.

That's led to one big unanswered question that agencies are mulling as they negotiate new contracts and deals: 'Who is liable for third-party data on Facebook if Facebook is not?'

"It is this phenomenal game of hot potato where everybody in the space is trying to push the potential liability to somebody else," said Jeff Ratner, chief media officer at iCrossing.

"We've spent a lot of time looking at terms and understanding where that liability may or may not rest. As an agency, even when we're working with clients' first-party data, we're saying to the client, 'you [have to] give us your customer base, you have to validate that the information is usable in the exact use that we’re proposing.'"

man jugglingCarl Court/Getty Images

Agency execs are becoming BFFs with their lawyers

On August 15, Facebook stopped offering advertisers the ability to create audiences using third-party data within its platform. Advertisers that created third-party audiences before then can continue to run un-edited campaigns through October 1 when Facebook will officially turn off the spigot to the program and stop delivering campaigns.

As part of the shift, Facebook outlined the terms and conditions for Custom Audiences in May. Since then, agencies and data companies have spent hours poring over the document to understand what exactly they are liable for.

"I've had endless conversations with our legal department in the last two months," said Anita Walsh, director of social strategy at Horizon Media. "There are definite nuances around who owns the ad account, for example. Is it the client or the agency on behalf of the client?"

According to Facebook spokeswoman, "an agency acting on behalf of an advertiser must comply with our Custom Audience Terms. Those terms also require that anyone uploading a Custom Audience on behalf of an advertiser must have the authority as agent to the advertiser to disclose and use the data on the advertiser's behalf and will bind the advertiser to the terms."

Facebook acknowledged that some marketers found the terms difficult to understand and has clarified one part of it. Last Wednesday, the terms and conditions were updated with additional information about how brands can work with agencies to run campaigns.

Previously, the terms said that advertisers could not sell or transfer their Custom Audiences. The update clarifies that marketers can "independently work with partners off our platform to create Custom Audiences, as long as they have the necessary rights and permissions to do so."

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"Advertisers routinely work with agencies and data providers to develop and manage their ad targeting audiences," Facebook wrote in a blog. "For example, data providers and agencies create, upload and then share certain Custom Audiences on behalf of advertisers. So we're clarifying our terms to make it clear that advertisers can do this."

According to Horizon Media's Walsh, the high-level rationale behind the changes were clearly communicated from Facebook. But the actual process of switching between Partner Categories to Custom Audiences has been "a bit challenging."

"The concepts were well communicated and I think everybody understood the reasoning, but the detail and the actuality of how to implement the replacement or new process going forward took a little longer than everyone would have hoped and went to the wire," she said. "The terms and conditions are long and that is one of the elements that is most confusing currently — ensuring that we as buyers who are deeply trained in buying Facebook ads are equally as trained in what we can and cannot accept."

"We have become great friends with our legal department over the last two months."

And data providers want to become BFFs with agencies

Without a direct spigot into Facebook's platform, Cliff Atkinson, RPA's svp and executive director, said that data providers are actively pitching agencies. Based on those pitches, which walk advertisers through how they collect data, Atkinson believes that data providers are liable for third-party data — though he said that the discussions are still early.

"It definitely created a shift in how we work with data providers moving forward," he said. "They are almost seen as on equal footing as our vendors or media partners now — we are doing more direct deals with them."

NEW YORK, NY - SEPTEMBER 26: Acxiom's Scott Howe speaks onstage at the The Programmatic Evolution panel on the Times Center Stage during 2016 Advertising Week New York on September 26, 2016 in New York City..John Lamparski/Getty Images for Advertising Week New York

Facebook's US partners for Custom Audiences are Acxiom, Oracle, and Experian. All three companies either declined to comment on the record or did not respond to press queries for this article.

"These data providers are stepping up — they’re reaching out and asking to have meetings, to present their offerings in a different way," Atkinson said. "They know that the availability of their data on other platforms is no longer available and they're losing out on that revenue coming in. They need to do some work and speak to agencies directly about the advantages of using their data. Once you see multiple data providers reach out, you want to get a clear understanding of what differentiates their data versus one of their competitors."

Essence's Taylor agreed that data providers are ultimately responsible for data used in campaigns. "Whatever is in that agreement between the marketer and the data provider is the backstop," he said.

Brands are waking up to the costs of data. Some are asking whether it's even worth the trouble.

Third-party data has always been murky and hard for advertisers to understand. Now Facebook is revealing exactly how much brands pay to access it, which several agencies said has caused sticker shock from clients.

Previously, a line within Facebook Ads Manager showed marketers that purchased Partner Categories a blended rate for data costs from its partnerships with providers. The language did not disclose the exact percentage that advertisers paid for data but said that up to 15% of spend went towards data costs.

Now under Custom Audiences, the cost of data is worked out between advertisers and providers ahead of time in contracts and is shown as a line item in invoices, breaking down the exact percentage that advertisers pay for data-related fees.

dollar bill mintREUTERS/Gary Cameron

The move opens up transparency around fees. But it's also causing brands to wonder if paying for third-party data is worth it.

At 15%, a million-dollar campaign would total $150,000 in data fees, for example.

"There is certainly a very warranted discussion if we — the brand — are willing to pay X percent of X CPM on any data set," Horizon Media's Walsh said. “[We're] doing a lot of tests and learning approaches to learn if the results will pay back in upfront investments in third-party data."

Some marketers are rethinking third-party data altogether

To be clear, lots of advertisers don’t even use third-party data in the first place and either use first-party stats or rely on Facebook's own powerful targeting tools to do the heavy lifting. 

Direct-to-consumer brands and retailers collect data straight from their shoppers while automakers, CPG brands and entertainment marketers are some of the biggest spenders of third-party data because they don’t have direct relationships with their customers.

"We stress and focus on first-party data a lot," said RPA's Atkinson. "We've seen that first-party data outperforms third-party data."

Before August 15 when Partner Categories ended, "a fairly high percentage" of Horizon Media's clients used third-party data. "That percentage has certainly dropped," Walsh said. "It may not drop forever and it’s a significant testing period, but it’s very likely to change across the board now that we see this line-itemed cost and how the new user flow works."

And with more scrutiny on data under laws like GDPR and looming privacy laws in California and elsewhere in the US, several agencies stressed that they're pushing brands to move away from relying on third-party data.

"What clients should be thinking about [is] ensuring that the data was acquired rightfully and that customer consent was given," said Guillaume Lelait, CEO of Fetch US. "Third-party data is perceived a little murky by some clients with no clear transparency of how it was acquired, so we are educating them on the right steps to take to ensure this is compliant."

NOW WATCH: How Columbia House sold 12 CDS for $1

See Also:

  • The former CEO of ad-tech firm Undertone is starting his 2nd act with his own investment fund — and his first big bet is an e-commerce agency
  • Digital advertising is a mess — meet 23 industry insiders working on high-profile efforts to fix it
  • 'There are businesses that will be disrupted and go out of business': Facebook is shaking up influencer marketing




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August 27, 2018 at 02:57PM
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