🌱 Mayor's Retention Plan Stalled + High School Graduation Shooting

New Orleans LA

02 June, 2022

7:27 PM

Description

Hey, neighbors! It's me, Shannon Denney, your host of the Daily. Let's get this Friday started off right, with a quick dive into the most important things happening in town these days. First, today's weather: Partly sunny. High: 87 Low: 76. 🏡 Looking for more real estate leads in New Orleans? Let us help you reach prospective home buyers and stand out from the competition. Click here to learn more. Here are the top stories in New Orleans today: This week, the DA's Office announced a grand jury indictment for four 2nd degree murder charges for crimes across New Orleans over the past two years. The city of NOLA has a grand jury convene each week to "secure indictments against serious offenders and for justice to be delivered" according to a statement from DA Jason Williams. (WGNO New Orleans) Mayor Cantrell's employee retention pay plan was rebuffed by the Louisiana Department of Justice who claims her reasoning behind the increased pay for police officers, paramedics, mechanics and other jobs with high turnover rates, is unconstitutional. The Department feels that the "unearned payment or bonus" aspect of this pay increase for the purpose of lowering the turnover rates goes against the constitution and that "retention pay must be deserved." (WDSU New Orleans) Members of the Morris Jeff High School community gathered for a second line in Tuba Fats Square to support the families and victims of the High School Graduation shooting. An 80-year-old woman came to watch her grandson graduate on Tuesday at Xavier University, and was hit by a stray bullet just after the ceremony. A crowd of over a hundred people came out to second lie though Treme for her and the other victims. (FOX 8 Local First) From our sponsor: Are you a New Orleans resident looking for an investment alternative to the stock market? Bloomberg recently asked experts where they'd invest $100,000 right now, and many of them had the same answer: fine art. Thinking you can't afford a Picasso? Well in 2012, Congress passed the JOBS Act, which allowed for the securitization of artwork. A company called Masterworks.io built the largest platform for buying and selling art securities. In the past, you could only buy shares of companies like Apple, but with this investing app, you can unlock this powerful investment. Meaning, you can invest in shares of million-dollar artwork. And in uncertain times, it turns out, fine art may be a wise investment. Here's why: Low correlation to stocks according to Citi Contemporary art historically returns 23.2% when inflation is >3% Contemporary art prices outpaced the S&P 500 by 164% (1995-2021) To learn more, visit Masterworks.io, where New Orleans Daily readers can skip the waitlist. See important Reg A Disclosures Today in New Orleans: Coffee and Gratitude with Virtual Breakfast Networking Hour (8:00 AM) First Friday Tours & Tea at Longue Vue House and Gardens (12:30 PM) First Fridays at NOMA: The Garden of Earthly Delights (6:00 PM) From my notebook: FitLot Method Circuit Training classes are free for all ages and abilities at Joe W. Brown Park every Tuesday at 8:30 AM with the New Orleans Recreation Development Commission.(Facebook)Nola Ready is hosting a virtual hurricane preparedness training to kick off 2022's Hurricane Season. (Press Release Desk)In an update on the current waste disposal services situation, it doesn't seem like all of NOLA will be getting service soon as the City has postponed a second round of trash contracts. (WDSU New Orleans) Alrighty, you're all caught up for today. See you all tomorrow morning for another update! — Shannon Denney Have a news tip or suggestion for an upcoming New Orleans Daily? Contact me at [email protected]