Finance news

• Trump threatens to use emergency power to build wall, end shutdown

  10-01-2019 23:53 via news.yahoo.com
  Trump flew to the Texas border with Mexico to try to bolster his case for the border wall as a partial U.S. government shutdown tied to the issue stretched into its 20th day with no sign of new talks to resolve the impasse."We can declare a national emergency."This is just common sense."Such a step would likely prompt an immediate legal challenge over constitutional powers from congressional Democrats - a challenge Trump said he would win.
  
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• Donald Trump should declare 'emergency' to get the wall built over Democrats' objections

  10-01-2019 23:53 via news.yahoo.com
  Trump is making an effort to address the crisis, while Democrat opponents demonstrate cruelty by insisting that we stick with ineffective strategies.
  
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• Graham Calls on Trump to Bypass Congress, Fund Wall Through ‘Emergency Powers’

  10-01-2019 23:49 via news.yahoo.com
  Senator Lindsey Graham (R., S.C.) called on President Trump Thursday to bypass Congress and unilaterally fund the construction of a border wall by declaring a national emergency.Graham, who has led Republicans in negotiations to end the ongoing 20-day government shutdown, told CNN Thursday evening that he has “never been more depressed about moving forward than right now” and predicted the current stalemate would last for days.Graham’s comments came after Trump publicly enterta
  
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• Lawyer: Man denies involvement in killing of Houston girl

  10-01-2019 23:46 via news.yahoo.com
  HOUSTON (AP) — A man accused in a drive-by shooting that killed a 7-year-old Houston girl says he wasn't involved in the attack, his lawyer said Thursday.
  
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• What President Trump said at the border

  10-01-2019 23:45 via news.yahoo.com
  President Trump's main points while speaking in Texas included human trafficking, Mexico paying for the wall, and moving away from calling it a "wall"
  
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• US Air Force ready for delivery of first KC-46 tankers

  10-01-2019 23:44 via news.yahoo.com
  The US Air Force said Thursday it is ready to receive its first KC-46A Pegasus tankers, a new type of aerial refueler that still needs to undergo costly technical fixes.Based on the airframe of the 767 jet liner, Boeing's tanker will eventually replace many of the Air Force's aging line of KC-135 tankers, which were manufactured during the Cold War.The KC-46 has suffered technical setbacks, delays and cost overruns, largely stemming from a problem with the "remote vision" system.
  
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• How the Debate Over Charter Schools Is Fueling the Looming Los Angeles Teacher Strike

  10-01-2019 23:43 via news.yahoo.com
  "Do we still believe in funding public education," one teacher said, "or have we given up?”
  
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• Boeing-Embraer merger going ahead after Bolsonaro approval

  10-01-2019 23:42 via news.yahoo.com
  Aviation giants Boeing and Embraer will push on with their proposed merger after Brazil President Jair Bolsonaro confirmed on Thursday he would not oppose the move.The two companies had announced in July that American Boeing would take control of Brazilian Embraer's commercial airplane manufacturing business but the deal hit a snag last week when Bolsonaro, who was sworn in as president on January 1, expressed concerns over the deal.
  
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• How Mitch McConnell Is Working Behind the Scenes to End the Shutdown

  10-01-2019 23:30 via news.yahoo.com
  When the shutdown ends, it will likely be the handiwork of the leader who's stayed offsides: Senate Majority Leader Mitch McConnell.
  
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• Texas police say child's abduction staged to cover crime

  10-01-2019 23:18 via news.yahoo.com
  A San Antonio father staged the abduction of his 8-month-old son in a fake car theft plot to cover up "foul play," and the infant has still not been found, police said.
  
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• Fiat Chrysler recalls 1.6M vehicles to fix Takata air bags

  10-01-2019 23:15 via news.yahoo.com
  DETROIT (AP) — Fiat Chrysler is recalling more than 1.6 million vehicles worldwide to replace Takata front passenger air bag inflators that can be dangerous.
  
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• How major US stock indexes fared Thursday

  10-01-2019 22:51 via news.yahoo.com
  A day of back-and-forth trading Thursday ended with the fifth gain in a row for U.S. stocks. Industrial companies like Boeing and General Electric rose while retailers fell as Macy's suffered its biggest loss of all time.
  
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• Republicans starting to agree with Democrats that more than a wall is needed to secure the border

  10-01-2019 22:45 via news.yahoo.com
  Texas Republican Rep. Chip Roy says that many of his constituents are concerned for their safety without border security.
  
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• The Jeff Bezos divorce: $136 billion and Amazon in the middle

  10-01-2019 22:44 via news.yahoo.com
  The announcement by Amazon founder Jeff Bezos, the world's wealthiest man, and his wife that they will divorce has captivated the imagination -- how will they split his giant fortune, estimated at $136 billion?The former MacKenzie Tuttle knew the 54-year-old Bezos before fame and wealth came calling.The couple met in 1992 when he was a hedge fund manager on Wall Street, before he became an entrepreneur who changed the way hundreds of millions of people live.
  
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• Trump Visits Rio Grande on Texas Border Tour: Shutdown Update

  10-01-2019 22:39 via news.yahoo.com
  Trump addressed reporters and gave Fox News an interview on the bank of the Rio Grande river after a tour of a Border Patrol station and a briefing in McAllen, Texas.The Border Patrol brought 500 pounds of marijuana seized that were seized in two separate incidents outside an official port of entry, an agent told Trump.“What they need more than anything is the barrier, the wall,” Trump said of the Border Patrol.
  
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• No to an Emergency

  10-01-2019 22:35 via news.yahoo.com
  President Trump says he is considering declaring an emergency at the border to unlock military funds to build a fence (a.k.a.It’s not clear how serious he is, although anonymous White House aides have been quoted saying they believe this will be his ultimate way out of the shutdown fight.The issue is redirecting military funds to the border fence.
  
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• Flu deaths in California: Illness killed 42 people since September 2018

  10-01-2019 22:30 via news.yahoo.com
  The flu has killed 42 people in California since September of 2018, health officials said.
  
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• MacKenzie Bezos, author, philanthropist, and soon to be world's richest woman?

  10-01-2019 22:18 via news.yahoo.com
  MacKenzie Bezos, the soon-to-be ex-wife of Jeff Bezos, could become the richest woman in the world as part of their divorce settlement.
  
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• Government shutdown stymies immigrants' asylum cases

  10-01-2019 22:18 via news.yahoo.com
  The partial government shutdown over President Donald Trump's demand for a border wall is playing havoc with the nation's already backlogged immigration courts, forcing the postponement of hearings for thousands of immigrants.
  
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• Hamas say Egypt to fully reopen Gaza border despite PA pullout

  10-01-2019 22:17 via news.yahoo.com
  Gaza's Islamist rulers Hamas said Thursday that Egypt plans to fully reopen its border crossing with the enclave, days after partially closing it amid infighting between Palestinian factions.Forces loyal to Palestinian president Mahmud Abbas withdrew on Sunday from the Rafah border crossing, accusing rivals Hamas of interference.
  
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• Montana lawmaker proposes to give $8M to build border wall

  10-01-2019 22:14 via news.yahoo.com
  HELENA, Mont. (AP) — A Republican lawmaker in Montana is proposing to give more than $8 million to help build President Donald Trump's proposed wall on the Mexican border, while South Dakota senators voted Thursday to endorse the president's plans.
  
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• CNN's Jim Acosta takes heat after showing border fence just might be working

  10-01-2019 22:09 via news.yahoo.com
  CNN's Jim Acosta was mocked across social media for posting a video that was meant to downplay President Trump's claims of a border crisis, but ended up supporting his argument that border barriers improve security. Acosta is in Texas awaiting Trump's border visit. While Acosta often clashes with the president and his aides, pundits suggested he did the president a favor this time.
  
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• PG&E restores gas service to Paradise customers affected by wildfire

  10-01-2019 21:58 via news.yahoo.com
  (Reuters) - PG&E Corp, the electricity provider in the northern California region ravaged by a deadly wildfire, on Thursday said it has restored natural gas services to nearly all Paradise customers who were able to receive it.
  
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• Sanders apologizes for harassment by 2016 campaign staff

  10-01-2019 21:56 via news.yahoo.com
  Bernie Sanders apologized Thursday for "unacceptable" sexual harassment that occurred on his 2016 presidential campaign, directly addressing an issue that could weigh on the senator's potential 2020 White House bid.Sanders has been on the defensive for weeks while he mulls another presidential bid, as several former campaign staffers have made allegations of sexual misconduct and pay disparity.Sanders does not stand accused of harassing staffers himself, but has been criticized for poorly handli
  
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• Israel opposition leader slams Netanyahu in key speech

  10-01-2019 21:55 via news.yahoo.com
  A key Israeli opposition figure on Thursday slammed Prime Minister Benjamin Netanyahu's public criticism of authorities investigating him on graft allegations, saying such behaviour was not "normal"."In a normal country the prime minister does not attack the justice authorities," Labour party leader Avi Gabbay told a party convention for the first time since the start of campaigning for April's general election.Police have recommended Netanyahu be indicted in three separate corruption cases and
  
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• Investors ask how the Bezos divorce will affect Amazon

  10-01-2019 21:54 via news.yahoo.com
  Amazon.com Incshares seesawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans.Amazon shares were down 0.5 percent in afternoon trading on Thursday, after gaining earlier in the session.The split throws into question how the couple will split their fortune, which includes an approximately 16 percent ownership stake in Amazon's roughly $811.4 billion ma
  
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• Texans Fight to Stop Government from Seizing Land for Border Wall

  10-01-2019 21:53 via news.yahoo.com
  As President Trump travels to Texas on Thursday to cement public support for a wall on the southern border, area landowners are vowing to fight the federal government should it invoke eminent domain to seize their property and fulfill Trump’s central campaign promise.Landowner Eloisa Cavazos told the Associated Press that she won’t sell her land along the Rio Grande River to the government at any price.It’s not about money,” said Cavazos, whose grandmother bought the land
  
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• Fiat Chrysler agrees to $800 million U.S. diesel-emissions settlement

  10-01-2019 21:52 via news.yahoo.com
  Fiat Chrysler Automobiles NV has agreed to a settlement worth about $800 million to resolve claims from the U.S. Justice Department and state of California that it used illegal software that produced false results on diesel-emissions tests, but still faces an ongoing criminal probe.The hefty penalty is the latest fallout from the U.S. government's stepped-up enforcement of vehicle emissions rules after Volkswagen AGadmitted in September 2015 to intentionally evading emissions rules.The Fiat Chry
  
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• Trump Cancels Trip to Davos Gathering as Shutdown Grinds On

  10-01-2019 21:45 via news.yahoo.com
  “Because of the Democrats intransigence on Border Security and the great importance of Safety for our Nation, I am respectfully cancelling my very important trip to Davos, Switzerland,” Trump said in a tweet Thursday.The U.S. delegation to the World Economic Forum’s annual meeting in Switzerland is to include Secretary of State Michael Pompeo, Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and U.S. Trade Secretary Robert Lighthizer, among other top administra
  
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• Trump cancels planned Davos trip as shutdown drags on

  10-01-2019 21:39 via news.yahoo.com
  U.S. President Donald Trump on Thursday canceled a planned visit to the World Economic Forum in Davos, Switzerland, later this month amid a shutdown of the federal government, signaling he was prepared for the political showdown to stretch into late January.It was unclear whether the partial government shutdown, now in its 20th day, would end before the start of the global economic meeting, which is scheduled for Jan. 22 to 25.Trump and congressional Democrats are in a battle over funding for th
  
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• 2020 Ford Explorer Gets Evolutionary, High-Tech Redesign

  10-01-2019 21:37 via news.yahoo.com
  Ford has completely redesigned the Explorer for 2020, but you might not realize it from the photos. The exterior styling is so familiar that it would be easy to overlook the extensive re-engineer...
  
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• Utah Man Charged with Kidnapping, Rape Had Similar Charges Dismissed in 2016

  10-01-2019 21:35 via news.yahoo.com
  A man who has been charged with kidnapping and rape had similar charges against him dismissed in 2016 after a woman came to police and told police she had been held against her will.
  
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• 'Rahaf Is Going to Start a Revolution.' Saudi Women Are Demanding Reforms After a Teen Fled the Country in Fear for Her Life

  10-01-2019 21:35 via news.yahoo.com
  'Remove the guardianship system or we’ll all migrate'
  
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• Payday without pay hits federal workers as shutdown drags on

  10-01-2019 21:27 via news.yahoo.com
  OGDEN, Utah (AP) — Payday will come Friday without any checks for about 800,000 federal employees affected by the government shutdown, forcing workers to scale back spending, cancel trips, apply for unemployment benefits and take out loans to stay afloat.
  
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• Judge sees no reason to delay Los Angeles teachers strike

  10-01-2019 21:22 via news.yahoo.com
  LOS ANGELES (AP) — A Los Angeles judge on Thursday found no reason to delay an expected teachers strike next week against the nation's second-largest school district over wages and class sizes.
  
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• 21 bodies found in north Mexico after gang clash

  10-01-2019 21:15 via news.yahoo.com
  GANG VIOLENCE: Authorities found 21 bodies by seven burned-out vehicles near the border town of Miguel Aleman.
  
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• Top US diplomat assails Obama in Mideast policy speech

  10-01-2019 21:13 via news.yahoo.com
  CAIRO (AP) — U.S. Secretary of State Mike Pompeo delivered a scathing rebuke of the Obama administration's Mideast policies on Thursday, accusing the former president of "misguided" thinking that diminished America's role in the region while harming its longtime friends and emboldening Iran.
  
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• Venezuela's Maduro starts new term as U.S. decries him as 'usurper'

  10-01-2019 21:09 via news.yahoo.com
  The country's pro-government Supreme Court, which has largely supplanted the opposition-run Congress, swore him in following a welcome with a symphony orchestra and cheering supporters waving miniature yellow, blue and red Venezuelan flags.The ceremony contrasted with the harsh realities that face the former bus driver turned socialist leader, includinghyperinflation, severe food and medicine shortages and an exodus of millions of citizens.Before he had even completed his inaugural speech, the U
  
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• Powell: Fed could lower forecast from two rate hikes in 2019

  10-01-2019 21:08 via news.yahoo.com
  Powell: The Fed could cut forecast from two rate hikes this year. The Fed chief reiterated his remarks last week that the central bank will be patient
  
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• Ford plans 'significant' job cuts in Europe, expects Volkswagen ties

  10-01-2019 21:02 via news.yahoo.com
  Ford Motor Co. announced job cuts for hourly and salaried workers in Europe after facing steep losses there.
  
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• Sanders Apologizes for Harassment Among 2016 Campaign Staff

  10-01-2019 21:01 via news.yahoo.com
  “To the women in our campaign who were harassed or mistreated I apologize,” Sanders said at a news conference Thursday.The New York Times on Jan. 2 published accounts from women who worked for the campaign complained of sexual harassment and pay disparities.Politico reported Wednesday night that the head of Sanders’s Iowa caucus campaign in 2016 has been accused of forcibly kissing a female subordinate on the final night of the Democratic National Convention in July 2016.
  
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• Lawsuit targets GOP laws reducing Wisconsin governor's power

  10-01-2019 20:58 via news.yahoo.com
  MADISON, Wis. (AP) — A coalition of liberal-leaning groups filed a lawsuit Thursday seeking to void laws passed by Wisconsin Republicans that reduced the powers of the newly elected Democratic governor and attorney general.
  
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• Trump Campaigned on Mexico Paying for the Wall. Now He Says He 'Obviously' Didn't Mean It

  10-01-2019 20:43 via news.yahoo.com
  In a 2016 memo, his campaign said Mexico would make a one-time payment of $5 to $10 billion
  
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• President Trump cancels Davos trip because of government shutdown

  10-01-2019 20:37 via news.yahoo.com
  "My warmest regards and apologies," Trump tweeted just hours after he had told reporters the trip was still on.
  
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• Sexual assault investigation underway after female patient in vegetative state gives birth at Phoenix nursing facility

  10-01-2019 20:36 via news.yahoo.com
  Superior Court judge issues DNA search warrants to Phoenix Police, who are gathering samples from all male staffers and any vendors and contractors who may have had contact with the patient.
  
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• The Latest: Brazil party chief blasted for Maduro visit

  10-01-2019 20:34 via news.yahoo.com
  CARACAS, Venezuela (AP) — The Latest on the second-term inauguration of Venezuelan President Nicolas Maduro (all times local):
  
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• Increasingly isolated Venezuelan president begins new term

  10-01-2019 20:26 via news.yahoo.com
  Venezuelan President Nicolas Maduro began a new term on Thursday with the economy in ruins and his regime more isolated than ever as regional leaders declared his re-election illegitimate and shunned his inauguration.The 56-year-old socialist leader was sworn in by Supreme Court president Maikel Moreno as an audience of hundreds, including a handful of South American leftist leaders and Venezuela's military top brass, cheered and applauded."I swear on behalf of the people of Venezuela... I swear
  
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• Fact check: Trump says he 'obviously' never said Mexico would pay directly for the wall. But he did

  10-01-2019 20:24 via news.yahoo.com
  "I never meant they're going to write out a check," Trump claimed. But his campaign did say he would get a "payment of $5 - 10 billion" from Mexico.
  
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• Oceans warming faster than expected, set heat record in 2018: scientists

  10-01-2019 20:15 via news.yahoo.com
  New measurements, aided by an international network of 3,900 floats deployed in the oceans since 2000, showed more warming since 1971 than calculated by the latest U.N. assessment of climate change in 2013, they said.Man-made greenhouse gas emissions are warming the atmosphere, according to the overwhelming majority of climate scientists, and a large part of the heat gets absorbed by the oceans."Global warming is here, and has major consequences already.
  
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• FBI agents group: Government shutdown putting national security, investigative operations at risk

  10-01-2019 20:12 via news.yahoo.com
  FBI agents added their voices to the thousands of federal employees Thursday calling for an end to the government shutdown.
  
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