Connect with us

Business

Groundbreaking glam rockers Kiss mourn ‘Spaceman’ guitarist as Ace Frehley dies at 74

Published

on



Ace Frehley, the original lead guitarist and founding member of the glam rock band Kiss, who captivated audiences with his elaborate galactic makeup and smoking guitar, died Thursday. He was 74.

Frehley died peacefully surrounded by family in Morristown, New Jersey, following a recent fall, according to his agent.

Family members said in a statement that they are “completely devastated and heartbroken” but will cherish his laughter and celebrate the kindness he bestowed upon others.

Kiss, whose hits included “Rock and Roll All Nite” and “I Was Made for Lovin’ You,” was known for its theatrical stage shows, with fire and fake blood spewing from the mouths of band members dressed in body armor, platform boots, wigs and signature black-and-white face paint.

Kiss’ original lineup included Frehley, singer-guitarist Paul Stanley, tongue-wagging bassist Gene Simmons and drummer Peter Criss. Frehley’s is the first death among the four founding members.

Band members took on the personas of comic book-style characters — Frehley was known as “Space Ace” and “The Spaceman.” The New York-born entertainer and Rock & Roll Hall of Famer often experimented with pyrotechnics, making his guitars glow, emit smoke and shoot rockets from the headstock.

“We are devastated by the passing of Ace Frehley,” Simmons and Stanley said in a joint statement. “He was an essential and irreplaceable rock soldier during some of the most formative foundational chapters of the band and its history. He is and will always be a part of KISS’s legacy.”

Born Paul Daniel Frehley, he grew up in a musical family and began playing guitar at age 13. Before joining Kiss, he played in local bands around New York City and was a roadie for Jimi Hendrix at age 18.

Kiss was especially popular in the mid-1970s, selling tens of millions of albums and licensing its iconic look to become a marketing marvel. “Beth” was its biggest commercial hit in the U.S., peaking at No. 7 on the Billboard Top 100 in 1976.

As the Kennedy Center’s new chairman, President Donald Trump named Kiss as one of this year’s honorees.

In 2024, the band sold their catalog, brand name and intellectual property to Swedish company Pophouse Entertainment Group in a deal estimated to be over $300 million.

Frehley frequently feuded with Stanley and Simmons through the years. He left the band in 1982, missing the years when they took off the makeup and had mixed success. Stanley later said they nearly replaced Frehley with Eddie Van Halen, but Vinnie Vincent assumed the lead guitar role.

Frehley performed both as a solo artist and with his band, Frehley’s Comet.

But he rejoined Kiss in the mid-1990s for a triumphant reunion and restoration of their original style that came after bands including Nirvana, Weezer and the Melvins had expressed affection for the band and paid them musical tributes.

He would leave again in 2002. When the original four entered the Rock & Roll Hall of Fame in 2014, a dispute scrapped plans for them to perform. Simmons and Stanley objected to Criss and Frehley being inducted instead of then-guitarist Tommy Thayer and then-drummer Eric Singer.

Simmons told Rolling Stone magazine that year that Frehley and Criss “no longer deserve to wear the paint.” “The makeup is earned,” he added. “Just being there at the beginning is not enough.”

Frehley and Kiss also had a huge influence on the glammy style of 1980s so-called hair metal bands including Mötley Crüe and Poison.

“Ace, my brother, I surely cannot thank you enough for the years of great music, the many festivals we’ve done together and your lead guitar on Nothing But A Good Time,” Poison front man Bret Michaels said on Instagram.

Harder-edged bands like Metallica and Pantera were also fans, and even country superstar Garth Brooks joined the band members for a recording of their “Hard Luck Woman” on a 1994 compilation.

Frehley would appear occasionally with Kiss for shows in later years. A 2023 concert at Madison Square Garden was billed as the band’s last. While Stanley and Simmons said they would not tour again, they’ve been open to the possibility of more concerts, and they’ve stayed active promoting the group’s music and memorabilia.





Source link

Continue Reading

Business

49-year-old Democrat who owns a gourmet olive oil store swipes another historically Republican district from Trump and Republicans

Published

on



Democrat Eric Gisler claimed an upset victory Tuesday in a special election in a historically Republican Georgia state House district.

Gisler said he was the winner of the contest, in which he was leading Republican Mack “Dutch” Guest by about 200 votes out of more than 11,000 in final unofficial returns.

Robert Sinners, a spokesperson with the secretary of state’s office, said there could be a few provisional ballots left before the tally is finalized.

“I think we had the right message for the time,” Gisler told The Associated Press in a phone interview. He credited his win to Democratic enthusiasm but also said some Republicans were looking for a change.

“A lot of what I would call traditional conservatives held their nose and voted Republican last year on the promise of low prices and whatever else they were selling,” Gisler said. “But they hadn’t received that.”

Guest did not immediately respond to a text message seeking comment late Tuesday.

Democrats have seen a number of electoral successes in 2025 as the party’s voters have been eager to express dissatisfaction with Republican President Donald Trump.

In Georgia in November, they romped to two blowouts in statewide special elections for the Public Service Commission, unseating two incumbent Republicans in campaigns driven by discontent over rising electricity costs.

Nationwide, Democrats won governor’s races by broad margins in Virginia and New Jersey. On Tuesday a Democrat defeated a Trump-endorsed Republican in the officially nonpartisan race for Miami mayor, becoming the first from his party to win the post in nearly 30 years.

Democrats have also performed strongly in some races they lost, such as a Tennessee U.S. House race last week and a Georgia state Senate race in September.

Republicans remain firmly in control of the Georgia House, but their majority is likely fall to 99-81 when lawmakers return in January. Also Tuesday, voters in a second, heavily Republican district in Atlanta’s northwest suburbs sent Republican Bill Fincher and Democrat Scott Sanders to a Jan. 6 runoff to fill a vacancy created when Rep. Mandi Ballinger died.

The GOP majority is down from 119 Republicans in 2015. It would be the first time the GOP holds fewer than 100 seats in the lower chamber since 2005, when they won control for the first time since Reconstruction.

The race between Gisler and Guest in House District 121 in the Athens area northeast of Atlanta was held to replace Republican Marcus Wiedower, who was in the seat since 2018 but resigned in the middle of this term to focus on business interests.

Most of the district is in Oconee County, a Republican suburb of Athens, reaching into heavily Democratic Athens-Clarke County. Republicans gerrymandered Athens-Clarke to include one strongly Democratic district, parceling out the rest of the county into three seats intended to be Republican.

Gisler ran against Wiedower in 2024, losing 61% to 39%. This year was Guest’s first time running for office.

A Democrat briefly won control of the district in a 2017 special election but lost to Wiedower in 2018.

Gisler, a 49-year-old Watkinsville resident, works for an insurance technology company and owns a gourmet olive oil store. He campaigned on improving health care, increasing affordability and reinvesting Georgia’s surplus funds

Guest is the president of a trucking company and touted his community ties, promising to improve public safety and cut taxes. He was endorsed by Republican Gov. Brian Kemp, an Athens native, and raised far more in campaign contributions than Gisler.



Source link

Continue Reading

Business

Rivian CEO says it’s a misconception EVs are politicized, with a 50-50 party split among R1 buyers

Published

on



If Rivian’s sales are any indication, owning an electric vehicle isn’t such a partisan issue, despite President Donald Trump’s rollbacks of mandates, incentives, and targets for EVs.

At the Fortune Brainstorm AI conference in San Francisco on Tuesday, Rivian CEO RJ Scaringe said it’s a misconception that electrification is politicized, explaining that most customers buy a product based on how it fits their needs, not their ideology. The questions car buyers ask, he said, are the same whether they’re purchasing one with an internal-combustion engine or a battery: “Is it exciting? Are you attracted to the product? Does it draw you in? Does the brand positioning resonate with you? Do the features answer needs that you have?”

Buyers of Rivian’s R1 electric SUV are split roughly 50-50 between Republicans and Democrats, Scaringe told Fortune’s Andrew Nusca. “I think that’s extraordinarily powerful news for us to recognize—that this isn’t just left-leaning buyers,” he added. “These are people that are saying, ‘I like the idea of this product, I’m excited about it.’ And this is thousands and thousands of customers. This is statistically relevant information.”

Buying an EV was once an indication of left-leaning politics, but the politics got scrambled after Tesla CEO Elon Musk became the top Republican donor and a close adviser to Trump. That drew some new customers to Tesla, and turned off a lot of progressive EV buyers, with many existing owners putting bumper stickers on their Teslas explaining that they bought their cars before Musk’s hard-right turn. Trump and Musk later had a stunning public feud, in part over the administration’s elimination of EV and solar tax credits.

But Scaringe said he started Rivian with a long-term view, independent of any policy framework or political trends. He also insisted that if Americans have more EV choices, sales would follow. Right now, Tesla dominates a key corner of the market, namely EVs in the $50,000 price range. Rivian’s forthcoming R2 mid-size SUV will represent a new choice in that market, with a starting price of $45,000 versus the R1’s $70,000.

Ten years from now, Scaringe said he hopes—and believes—that EV adoption in the U.S. will be meaningfully higher than it is today across the board, explaining that the main constraint isn’t on the demand side. Instead, it’s on the supply side, which suffers from “a shocking lack of choice,” especially compared to Europe and China, he added. EV options in the U.S. are limited by the fact that Chinese brands are shut out of the market.

More choices for U.S. EV buyers would presumably create more competition for Rivian—and indeed, the flood of low-priced Chinese EVs in other auto markets has created a backlash, with countries such as Canada imposing steep tariffs on them. But Scaringe appears to view more competition as positive for the market overall.

“I do think that the existence of choice will help drive more penetration, and it actually creates a unique opportunity in the United States,” he said.



Source link

Continue Reading

Business

Powell warns of a ‘very unusual’ economy as inflation remains high amid a weakening job market

Published

on



Federal Reserve Chair Jerome Powell on Wednesday described the U.S. economy as “very unusual,” saying policymakers are navigating a rare combination of tariff-driven goods inflation and a labor market that may already be weaker than official data suggests.

The Fed cut interest rates for the third consecutive meeting, a quarter-point reduction Powell framed not as a confident pivot toward easier policy, but as a defensive move meant to keep the labor market from slipping further. He repeatedly emphasized risks to employment have risen “in recent months,” and noted that behind the headline numbers, job creation may already be negative.

Powell made the striking admission the Fed believes the official payroll figures—which have slowed sharply since the summer—are overstating job growth by roughly 60,000 per month. 

“Forty thousand jobs could be negative 20,” he said, adding this dynamic is not well understood by the public because unemployment claims remain historically low—something both economists Mark Zandi and Claudia Sahm recently toldFortune could be giving people a false sense of security about the job market.

“I think a world where job creation is negative… we need to watch that very carefully,” Powell said. 

It is this weakening backdrop Powell said makes the current moment “very unusual”: Inflation remains elevated, but most of the remaining overshoot comes from goods categories directly affected by tariffs, as opposed to domestic economic overheating, which he said the Fed has worked hard to cool since its 2022 highs; inflation excluding tariff-affected goods is “in the low [two percent],” he said. Services inflation is cooling, wage pressures are easing, and neither the labor market nor business surveys suggest a “Phillips-curve” kind of inflation threat, Powell said, referring to the inverse relationship between inflation and unemployment. 

Instead, Powell said, the bulk of the problem is a “one-time price increase” pushing up goods categories as import levies work their way through supply chains. Goods inflation, he noted, should peak around the first quarter of 2026, assuming no additional tariff rounds.

Those crosscurrents have fractured the Fed. Three officials formally dissented from the rate cut on Wednesday, and several others offered what Powell described as “soft dissents,” when an official’s personal projection falls out of what they ultimately voted for. There were six such “soft dissents” this time, during one of the deepest divides inside the FOMC in years, driven by disagreement over how to weigh the risks of lingering inflation against the possibility that job growth is weaker—and much more fragile—than reported.

Powell stressed that policymakers cannot simply choose one mandate to prioritize. 

“There is no risk-free path,” he said, a refrain he’s repeated for months. “When both sides of the mandate are threatened, you should be kind of neutral.” 

He characterized the current stance as being at the “high end” of neutral, allowing the Fed to “wait and see” how the data evolve.



Source link

Continue Reading

Trending

Copyright © Miami Select.