05/05/2024: Leader Jeffries, Work to Own, St. Mary’s
May 6, 2024
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Democratic leader Hakeem Jeffries discusses saving Speaker Mike Johnson's job, Israel-Hamas relations, migrant crisis, and reproductive rights impact. Private equity executive advocates for employee ownership to bridge wealth gap. High school students solve 2,000-year-old math puzzle, showcasing determination and ingenuity.
Congressman Jeffries' potential to become the first Black Speaker of the House is traced from Brooklyn to powerful politics.
Employee ownership model advocated by Pete Stavros bridges wealth gap and boosts job satisfaction in private equity.
High school seniors Kelsey Johnson and Nikaya Jackson defy odds, solving 2,000-year-old math puzzle with trigonometry genius.
St. Mary's Academy fosters academic excellence and empowerment for African American girls, promoting success and sisterhood.
Deep dives
Truegreen Lawn Care Services
Truegreen offers comprehensive lawn care services including weed control, fertilization, aeration, and more to provide customers with a beautiful lawn. With a focus on customer satisfaction and affordability, Truegreen guarantees the best price for quality lawn care services. Customers can have their lawn cared for while enjoying other activities.
Rocket Money Subscription Management
Rocket Money is a personal finance app that helps users track and cancel unwanted subscriptions, saving an average of $720 a year for its members. With over 500 million subscriptions cancelled for users, Rocket Money aims to reduce unnecessary expenses and help users manage their spending effectively.
Congressional Dysfunction and Minority Influence
Congress faces challenges in productivity due to internal party struggles, particularly within the Republican majority. Minority Leader Hakim Jeffries highlights the role of the Democratic minority in governing effectively by providing key votes. Despite being in the minority, Democrats have played a pivotal role in decision-making and problem-solving within Congress.
High School Seniors Prove Pythagorean Theorem
Two high school seniors, Kelsey Johnson and Nikaya Jackson, successfully prove the Pythagorean theorem using trigonometry, a feat previously thought to be impossible for 2,000 years. Their groundbreaking work garnered widespread recognition and accolades, showcasing their mathematical achievement and aptitude.
Innovative Employee Ownership Model by Pete Stavros
Pete Stavros, a private equity industry leader, advocates for employee ownership, offering workers a stake in the company and a voice in business operations. By applying incentives traditionally reserved for executives to factory workers, Stavros promotes a culture of ownership and engagement, aiming to bridge the wealth gap and improve job satisfaction.
Success and Support At St. Mary's Academy
St. Mary's Academy nurtures a culture of excellence and support for its diverse student body, empowering young African American women to achieve academic success and pursue their dreams. The school's commitment to high expectations, scholarships, and sisterhood fosters a positive learning environment where every student is encouraged to reach their full potential.
Georgia faces political turmoil as proposed legislation resembling Russian laws threatens democratic freedoms and European Union aspirations. Amidst street protests and potential legislative changes, Georgia's President Salame Zura-Bishvili navigates the country's relationship with Russia and its democratic principles.
Norah O’Donnell profiles Congressman Hakeem Jeffries, the Democratic leader in the U.S. House of Representatives, who might become the first ever Black Speaker of the House, by tracing his Brooklyn roots to one of the most powerful positions in American politics. O’Donnell meets Jeffries on Capitol Hill to talk about his caucus’s decision to save current Speaker Mike Johnson’s job, his views on Israel’s approach to Hamas and the civilian casualties in Gaza, the migrant crisis, and how the debate over reproductive rights will impact the race for the White House and Congress.
As the American wealth gap continues to widen, correspondent Jon Wertheim reports on an unlikely effort to get more money in the hands of rank-and-file workers. Pete Stavros is an executive at one of the biggest private equity firms in the country, KKR. His industry is famously cutthroat, but Stavros has emerged as a leading advocate for the concept of employee ownership, which takes the same incentives that have long helped the C-suite get rich and applies them to people working factories, flatbeds and farms. Wertheim travels to rural Illinois to find out how this model has impacted workers, and whether it’s good for business.
CorrespondentBill Whitaker visits New Orleans where two high school seniors solved a mathematical puzzle that was thought to be impossible for 2,000 years. Whitaker speaks to the students, their families and the teachers at their school, St. Mary's Academy, that has been fostering academic excellence and boundless possibilities for its student body of African American girls since the end of the Civil War.
