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Aug 02, 2020

2020-08-04@22:57:22 GMT

Martha Stewart Fast Facts

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(CNN)Here's a look at the life of author, television personality and entrepreneur, Martha Stewart.

PersonalBirth date: August 3, 1941
    Birth place: Jersey City, New JerseyBirth name: Martha Helen KostyraRead MoreFather: Edward Kostyra, pharmaceuticals salesman Mother: Martha (Ruszkowski) Kostyra, schoolteacherMarriage: Andrew Stewart (1961-1990, divorced)Children: AlexisEducation: Barnard College, B.
    A., 1963Other FactsBaby-sat Mickey Mantle's children.Was a fashion model for Chanel.Timeline1968-1973 - Works as a stockbroker for the firm Monness, Horstman, Williams and Sidel.1976 - Launches a catering business in Westport, Connecticut. 1982 - Publishes her first book, "Entertaining." 1987 - Is appointed K-Mart's lifestyle consultant.1991 - Time Inc. begins publishing the Martha Stewart Living magazine. 1993 - Syndicated TV show, "Martha Stewart Living," debuts. 1995 - Begins writing a weekly syndicated newspaper column. Martha by Mail, a direct-mail catalog business, is launched.1997 - Buys-out Time Inc.'s share of Martha Stewart Enterprises, valued at approximately $53 million. Changes the company's name to Martha Stewart Living Omnimedia.October 19, 1999 - Martha Stewart Living Omnimedia launches its initial public offering, raising close to $130 million on its first day of trading. Stewart becomes America's first self-made female billionaire.December 27, 2001 - Stewart sells almost 4,000 shares of ImClone Systems, headed by her friend Samuel Waksal.June 6, 2002 - Stewart comes under investigation by the Justice Department and the SEC for her sale of shares of ImClone Systems the day before a company announcement that sent the price of ImClone plummeting. June 4, 2003 - Is indicted on nine charges, including securities fraud and obstruction of justice, Stewart pleads not guilty. Stewart steps down as chairman and CEO of Martha Stewart Omnimedia, but remains on the board and takes role of chief creative officer.March 5, 2004 - Is found guilty on four counts: two counts of making false statements, one count of obstruction of justice, and one count of conspiracy. March 8, 2004 - Viacom announces it is dropping Stewart's television show, "Martha Stewart Living," from its CBS and UPN television networks. Revlon announces that Stewart has submitted her resignation from the company's board of directors. March 15, 2004 - Resigns as chief creative officer of Martha Stewart Omnimedia. May 18, 2004 - Martha Stewart Living Omnimedia announces that Martha Stewart Living Television will be put on hold for Season 12, the 2004-2005 season. July 16, 2004 - Is sentenced to five months in prison, five months home confinement after release, two years' probation, and fined $30,000.September 15, 2004 - Announces that she will begin her prison sentence before her appeal is completed.October 8, 2004 - Reports to prison in Alderson, West Virginia. March 4, 2005 - Is released from prison.August 31, 2005 - Stewart's home confinement ends.September 12, 2005 - Stewart's daily talk show, "Martha," debuts.September 21, 2005 - "The Apprentice: Martha Stewart" debuts on NBC.October 2005 - Stewart enters a deal with home building company KB Homes in which KB Homes builds a subdivision of houses based on designs by Stewart. The first neighborhood of houses is to be built in North Carolina. 2006 - Is named one of the 50 most powerful women in business by Fortune magazine.August 8, 2006 - Stewart agrees to pay $195,000 to settle an insider trading probe with the SEC. She is barred from serving as chief executive or chief financial officer of any public company for five years. September 2009 - Stewart announces a new product partnership with The Home Depot, launching in 2010. January 2010 - The partnership between Stewart and Kmart ends.March 8, 2011 - Daughter Alexis has a daughter by gestational surrogate.September 2011 - Rejoins the board of directors of Martha Stewart Living Omnimedia. October 18, 2011 - Stewart's daughter Alexis releases the book "Whateverland: Learning to Live Here," in which she criticizes Stewart's parenting. Stewart responds by praising the book as "hilarious and enlightening."December 7, 2011 - J.C. Penney invests $38.5 million for a 16.6% stake in Stewart's Martha Stewart Living Omnimedia and enters a 10-year retail partnership showcasing Stewart's products.January 6, 2012 - The Hallmark Channel announces that "The Martha Stewart Show" will air until the end of summer 2012.January 2012 - Macy's Inc. sues Martha Stewart Living Omnimedia for breach of contract. Macy's claims that by reaching a deal with J.C. Penney in 2011, a 2006 agreement that granted Macy's exclusive rights to sell selected Martha Stewart-branded products was violated.January 2012 - Launches a new line of home office supplies at Staples.October 2012 - "Martha Stewart's Cooking School" premieres on PBS.March 5, 2013 - Stewart appears in New York State Supreme Court to defend her decision to sign a deal with J.C. Penney even though she already had a contract with rival department store Macy's.October 2013 - J.C. Penney announces that it has scaled back its partnership with Martha Stewart Living Omnimedia in the face of legal pressure from Macy's.January 2, 2014 - Macy's and Martha Stewart Living Omnimedia settle their legal dispute. The terms of the settlement are not disclosed.June 16, 2014 - A judge rules that J.C. Penney "interfered" with a deal between rival Macy's and Martha Stewart Living Omnimedia.June 22, 2015 - Sequential Brands Group announces that it will acquire 100% of the outstanding shares of Martha Stewart Living Omnimedia. Stewart will stay on as chief creative officer in the new company and sit on the board of directors.November 7, 2016 - VH1 network airs "Martha & Snoop's Potluck Dinner Party," where Stewart pairs with rap icon Snoop Dogg to share recipes and host celebrity guests.February 28, 2019 - Stewart joins Canadian marijuana company Canopy Growth as an adviser to help develop cannabis-derived products for people and animals.
      April 16, 2019 - Sequential Brands Group announces that it will sell Stewart's and and Emeril Lagasse's brands to licensing and marketing company Marquee Brands for $175 million.July 31, 2020 - "Martha Knows Best" premieres on HGTV.

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      GOP Sen. Barrasso: Pelosi Living on Fantasy Island with Runaway Government Spending in COVID-19 Relief

      Monday on Fox News Channel’s “America’s Newsroom,” Sen. John Barrasso (R-WY) reacted to House Speaker Nancy Pelosi’s (D-CA) proposed spending in the negotiations for the next coronavirus stimulus relief package.

      Barrasso said Pelosi is proposing “truly runaway government spending not aimed at coronavirus” and “living on fantasy island” by wanting to give direct checks to illegal immigrants, bail out states that were failing before the coronavirus pandemic and paying people more to not work than to work.

      “I’m not surprised,” Barrasso said of the stalemate between the White House and Democratic leadership. “And this tells you why it’s such a wide gap between the parties and how dangerous the Democrats are, Trace. When you take a look at where Nancy Pelosi is, to me she is still living on fantasy island. She is proposing truly runaway government spending not aimed at coronavirus but spending at its worst. She wants to spend money to bail out states that for a long time have been failing long before coronavirus. She wants to spend direct checks to illegal immigrants and pay people more for not working than they make to work. And what Republicans are focused on in our proposal is getting America open, back to work safely and sensibly, kids back to school. The Democrats seem to be the party that wants to shut down the country in terms of jobs, in terms of schools and the economy.”

      “People should not be paid more to not work than they can get at work, but right now, in addition to unemployment insurance that people get, there is a $600 a week bonus check on top of that,” he added. “So 2/3 of workers, Trace, right now are getting more for not working than they would if they went back to work. I see help wanted signs all around Wyoming this past weekend, but Nancy Pelosi wants to extend these bonus payments for well into the year 2021. That would do tremendous harm to the economy.”

      Barrasso went on to stress the importance of getting Americans back to work and the children back in school to help the economy, but emphasized the government cannot be with Pelosi in “handout heaven” and throwing money at things “completely unrelated to coronavirus.”

      Follow Trent Baker on Twitter @MagnifiTrent

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