SCC Insight
@SCC_Insight
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Independent news and analysis of the Seattle City Council. Inactive account.
Seattle, WA
Joined November 2015
Sean Hannity plays dumb, says he doesn’t know where the predictions of a red wave came from. So the Washington Post lets him have it with a supercut of his own Fox News predicting a red wave.
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I did a soft launch a couple of weeks ago, so there is already content up there to read. Follow at @seapapertrail for new posts.
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And to be clear, this is not my new full-time gig. I have some other projects I’m still developing, but this is a small thing I want to get out there. I hope you find it valuable.
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This is not a replacement for SCC Insight, and I won’t be doing city hall reporting like I used to. I’m just trying to cover a gap that I see that no one else is filling. It took me years to learn where to find stuff, and I want to continue sharing that knowledge with all of you.
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Think of it as a spin-off from SCC Insight, focused on delivering to you the documents you should be reading to be an informed Seattle resident. Government reports, memos, surveys, legal/court filings. Primary documents with an introduction and light analysis.
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I’m officially launching today one of several projects I’m working on: Seattle Paper Trail. @seapapertrail
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Our local @axios Seattle newsletter launches at the end of May. You can sign up in advance here -- it's free!
axios.com
A daily look at the most significant and interesting stories affecting Seattle. Written by Melissa Santos and Christine Clarridge.
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Historically Amazon's retail business, at least in North America, has maintained an operating profit margin on par with other retail companies, in the low single-digits. This is definitely a change and the analysts will spend days trying to unpack its meaning.
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Over the long term, if Amazon's retail business continues to lose money (supported financially by AWS), it opens up the company to allegations of predatory pricing to drive out competitors.
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AWS continues to quietly be the cash cow for Amazon, keeping the company as a whole in the black and maintaining a profit margin on par with other tech companies.
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The international retail business has never turned a profit, but the North America retail business losing more money than the international business is new and significant (though the loss, as a percentage of revenues, is worse for the international segment).
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AWS had a 35.35% operating margin from $18.4 billion in revenues. The retail business had a -2.91% margin from $98 billion in revenues.
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Amazon's quarterly earnings release today is fascinating. The retail business lost $2.85 billion, $1.56B in North America and $1.28B internationally. The AWS business had a $6.51B profit. In total, Amazon had $3.67B in operating income, a 3.15% operating margin.
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Updated report for @CBSNews stations as history is made. The Senate voted 53 to 47 to confirm Judge Kentanji Brown Jackson to the U.S. Supreme Court. She becomes the first Black woman & former public defender to serve on the high court. About a minute of applause followed vote.
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Related to a project I'm currently working on, I'm fielding a short (non-scientific) survey to learn more about how people learned to cook and their current cooking practices. I'd appreciate it if you could take a few minutes to fill it out!
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For background on the mural, here is a story shot by KING prior to the mural being defaced.
king5.com
A Central District resident continues her mission to protect the neighborhood's Martin Luther King Jr. mural.
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There is now a GoFundMe site where you can contribute to restoring the mural of Dr. Martin Luther King Jr. in the Central Area that was vandalized earlier this week.
gofundme.com
In the early morning of January 17th, on MLK Day, the beloved mural of Dr. King located on MLK Wa… Emily Aylward needs your support for MLK MURAL RESTORATION
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BREAKING: Each household in Washington is eligible to receive one free kit of rapid antigen Covid tests from the state, available in packs of four to five tests. Officials say residents who order them can expect to receive them within two weeks.
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