Finance news

• Manchin Calls Pelosi’s Request for SOTU Postponement the ‘Wrong Approach’

  16-01-2019 23:57 via news.yahoo.com
  Democratic senator Joe Manchin said Wednesday that he thinks House speaker Nancy Pelosi made the wrong move in asking President Trump to postpone his State of the Union address until the government is reopened, or give the address from the Oval Office instead of the capitol.“I’m not sure what her intentions are,” Manchin said on NBC. “I have the utmost respect for Speaker Pelosi.Pelosi cited security concerns in a letter to Trump on Wednesday asking that  he pos
  
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• Turkish prosecutor seeks extradition of NBA's Kanter over Gulen links: Anadolu

  16-01-2019 23:40 via news.yahoo.com
  Turkish prosecutors are seeking the extradition of New York Knicks center Enes Kanter over his links to the U.S.-based cleric accused of orchestrating a failed coup in 2016, state-owned Anadolu news agency said.Kanter, a vocal critic of President Tayyip Erdogan, was indicted by a Turkish court last year over alleged membership of an "armed terrorist group" after being contacted repeatedly by people close to Islamic preacher Fethullah Gulen.Anadolu said on Tuesday prosecutors had sought the issue
  
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• Goldman Sachs, Bank of America rock earnings

  16-01-2019 23:31 via news.yahoo.com
  Goldman Sachs reported better-than-expected profits on Wednesday despite higher legal costs as it works through the 1MDB scandal, while Bank of America's earnings were lifted by higher interest rates.Goldman reported mixed operational performance across its trading, investing and lending businesses, while Bank of America saw its profits triple compared to a year earlier.Goldman Chief Executive David Solomon described conditions in the real economy as "quite robust," echoing other bank executives
  
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• Barr Could Block Mueller Report Release But Would Risk Backlash

  16-01-2019 23:28 via news.yahoo.com
  “Under the current regulations, the special counsel report is confidential,” Barr, President Donald Trump’s nominee, told the Senate Judiciary Committee during his confirmation hearing Tuesday.Barr’s justification for keeping Mueller’s findings from the public appears to rest on a technical reading of federal regulations governing special counsels, as well as Justice Department policy for handling criminal and counterintelligence investigations, the officials said.
  
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• The Latest: UN Security Council condemns Kenya attack

  16-01-2019 23:25 via news.yahoo.com
  NAIROBI, Kenya (AP) — The Latest on the extremist attack on a hotel complex in Nairobi, Kenya (all times local):
  
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• Wrecks seen as wildfire areas brace for big California storm

  16-01-2019 23:24 via news.yahoo.com
  SAN FRANCISCO (AP) — Days of rain and snow across California have snarled rush-hour commutes and triggered deadly wrecks on slick roads even before the most intense storm hits Wednesday, with wildfire-ravished communities bracing for dangerous mudslides and mountain residents facing a "potentially life-threatening" blizzard.
  
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• The Latest: Son: Jailed Iran state TV anchor would help FBI

  16-01-2019 23:14 via news.yahoo.com
  NEW ORLEANS (AP) — The Latest on detention of American-born news anchor for Iran's state television (all times local):
  
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• Congressional Democrats move to stop U.S. Census citizenship question

  16-01-2019 22:57 via news.yahoo.com
  Democrats in the U.S. Congress on Wednesday were moving ahead with legislation to prevent the Trump administration from adding a citizenship question to the 2020 Census, following a court decision this week blocking inclusion of such information.Representative Carolyn Maloney, a senior Democrat on the House Oversight and Government Reform Committee, told reporters that she is re-introducing her bill, which was ignored by Republicans in 2017-2018 when they controlled the House of Representatives.
  
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• LAUSD teachers strike day 3: Everything you need to know

  16-01-2019 22:55 via news.yahoo.com
  The LAUSD and United Teachers Los Angeles have yet to reach a deal. Here's everything you need to know about the ongoing teachers strike.
  
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• Celebrity's 'Chefs for Feds' kitchen feeds unpaid U.S. government workers

  16-01-2019 22:49 via news.yahoo.com
  Maurice Wilson joined dozens of fellow federal workers in Washington on Wednesday at the opening of celebrity chef Jose Andres' emergency kitchen, grateful for a free lunch of egg sandwiches, quinoa bowls and tomato soup as the partial government shutdown dragged on."Within another two weeks, I’m going to have to figure out a way to survive,” said Wilson, 59, who is working without pay at the Court Services and Offender Supervision Agency of the District of Columbia.The "Chefs for Fe
  
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• Kidnap suspect's lawyers: Confession problematic for defense

  16-01-2019 22:37 via news.yahoo.com
  MADISON, Wis. (AP) — Defense attorneys for the man accused of kidnapping a Wisconsin teenager and killing her parents acknowledged Wednesday that they're starting the case at a disadvantage after their client gave detectives a detailed confession and said they're not sure he can get a fair trial in the state.
  
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• Kirstjen Nielsen says Secret Service is fully prepared to secure the State of the Union

  16-01-2019 22:33 via news.yahoo.com
  Campus Reform editor-in-chief Lawrence Jones, GOP pollster Lee Carter and Democratic strategist Suraj Patel weigh in on Nancy Pelosi’s comments that the president should cancel his State of the Union address.
  
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• Deadly IS-claimed suicide attack hits US forces in north Syria

  16-01-2019 22:11 via news.yahoo.com
  A suicide attack killed four US personnel in northern Syria Wednesday, costing Washington its worst combat losses in the war-torn country since 2014 as it prepares to withdraw.The bombing, claimed by the Islamic State group, comes after US President Donald Trump's shock announcement last month that he was ordering a full troop withdrawal from Syria because the jihadists had been "largely defeated".The Pentagon said "two US servicemembers, one Department of Defense (DoD) civilian and one contract
  
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• Syria IS attack undermines Trump's victory claims

  16-01-2019 22:08 via news.yahoo.com
  Just four weeks after President Donald Trump declared victory over the Islamic State group, the jihadists claimed responsibility for a brutal attack in Syria that highlighted a very different reality on the ground.Four Americans, including two troops, were among those killed when a suicide bomber hit a restaurant in the key city of Manbij in Syria's north -- the deadliest attack against US forces since they first deployed in the war-torn nation four years ago.Trump claimed on December 19 that th
  
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• Markets Right Now: Banks lead stock gains on Wall Street

  16-01-2019 22:07 via news.yahoo.com
  NEW YORK (AP) — The latest on developments in financial markets (all times local):
  
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• Marriott is rolling out a brand new rewards program -- Here's everything you need to know

  16-01-2019 22:05 via news.yahoo.com
  When you're a frequent traveler, it's almost self-sabotage to not join some
  
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• Hours after U.S. troops killed in Syria, Pence says Islamic State defeated

  16-01-2019 21:55 via news.yahoo.com
  Pence did not mention the attack in his address to 184 chiefs of U.S. diplomatic missions who gather annually in Washington from around the world to discuss foreign policy strategy."The caliphate has crumbled and ISIS has been defeated," Pence told the U.S. ambassadors and other senior American diplomats, referring to Islamic State.In separate statements later, both the White House and Pence condemned the attack and expressed sympathy for the deaths of the U.S. personnel.
  
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• Mike Pence amends claim that 'ISIS has been defeated' following deadly attack on U.S. troops

  16-01-2019 21:53 via news.yahoo.com
  The same day that ISIS fighters in Syria claimed responsibility for a deadly bomb attack, Vice President Mike Pence echoed the president's assessment that the group had been vanquished.
  
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• Alexandria Ocasio-Cortez, a social media star, to school House Democrats on Twitter use

  16-01-2019 21:34 via news.yahoo.com
  The lesson comes as a generational divide between members of Congress and the tech platforms they oversee has been on full display.
  
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• Plans revealed for a massive atom smasher that dwarfs the Large Hadron Collider

  16-01-2019 21:32 via news.yahoo.com
  The famous Large Hadron Collider, an insanely massive particle accelerator that's helped scientists crack some of the most deeply hidden mysteries of the universe, is about to be dwarfed by an atom smasher that's much bigger and more powerful.European physicists have just unveiled their proposal for the construction of a new particle smasher that calls for a 62-mile circular collider costing roughly the equivalent of $10 billion. Plans for the so-called Future Circular Collider were revealed Tue
  
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• White House condemns Steve King ‘white supremacy’ comments as ‘abhorrent’

  16-01-2019 21:27 via news.yahoo.com
  The White House has condemned embattled Republican Representative Steve King for questioning why terms like “white supremacy” and “white nationalist” have become offensive.Press Secretary Sarah Huckabee Sanders said that the comments from Mr King, a politician from Iowa known for a history of controversial remarks over race and immigration were “outrageous” and “inappropriate”.“Steve King’s comments were abhorrent,” Ms Sanders tol
  
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• UK PM May survives confidence vote after Brexit humiliation

  16-01-2019 21:22 via news.yahoo.com
  British Prime Minister Theresa May on Wednesday narrowly survived a no-confidence vote sparked by the crushing defeat of her Brexit deal just weeks before the UK leaves the European Union.A stunning 24-hour span saw May on Tuesday dealt the heaviest drubbing by parliament in modern British political history -- 432 votes to 202 -- over the divorce terms she reached with Brussels.
  
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• May Wins Confidence Vote and Opens Cross-Party Brexit Talks

  16-01-2019 21:21 via news.yahoo.com
  U.K. leader Theresa May survived an attempt to oust her government and immediately opened talks with rival political parties in an attempt to break the Brexit deadlock, as time runs out to reach a deal.The prime minister fought off the threat of a national election and won the right to continue running the country when the House of Commons voted 325 to 306 against a motion of “no confidence” in her administration.May invited other party leaders, who back keeping much closer ties to t
  
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• Man accused of pushing, punching girl outside Asheville Mall

  16-01-2019 21:12 via news.yahoo.com
  Police are investigating after a 51-year-old man was caught on camera pushing and punching a girl in the face outside of Asheville Mall on Saturday.
  
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• AP Debrief: Pelosi takes 'political shot' at Trump

  16-01-2019 21:09 via news.yahoo.com
  Shutdown pressure on President Donald Trump mounted Wednesday as House Speaker Nancy Pelosi called on him to delay his State of the Union address, a move that AP's Jill Colvin calls a "political shot" at the president. (Jan. 16)
  
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• Nancy Pelosi takes 'political shot' at Donald Trump

  16-01-2019 21:07 via news.yahoo.com
  Shutdown pressure on President Donald Trump mounted Wednesday as House Speaker Nancy Pelosi called on him to delay his State of the Union address, a move that AP's Jill Colvin calls a "political shot" at the president. (Jan. 16)
  
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• Russia, US in war of words over arms treaty

  16-01-2019 21:01 via news.yahoo.com
  Russia on Wednesday accused Washington of being uncooperative on efforts to save a crucial arms control treaty, only to be accused by the US of dishonesty.Tensions have raged for months over the fate of the Intermediate-Range Nuclear Forces treaty (INF) signed in 1987 by then US president Ronald Reagan and Soviet leader Mikhail Gorbachev.US President Donald Trump has promised to walk away from the agreement and President Vladimir Putin threatened a new arms race, saying Europe would be its main
  
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• Netflix Price Hike Points to the Changing Math of Cord Cutting

  16-01-2019 20:59 via news.yahoo.com
  Here's some bad news for those looking forward to the season 3 premiere of “Stranger Things”: The demogorgon isn't the only thing on the rise. Netflix is planning to boost prices for all of its m...
  
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• The Latest: Mudslide snarls commute over Golden Gate Bridge

  16-01-2019 20:52 via news.yahoo.com
  SAN FRANCISCO (AP) — The Latest on California storms (all times local):
  
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• Kenya hotel siege over, militants and at least 21 victims dead

  16-01-2019 20:49 via news.yahoo.com
  Fifty people believed to have been in the complex remained unaccounted for on Wednesday afternoon, the Kenya Red Cross said, raising the possibility of a much higher final death toll.The bloody bodies of five attackers were broadcast across social media as President Uhuru Kenyatta announced the end of a 20-hour overnight siege that echoed a 2013 assault that killed 67 people in the Westgate shopping center in the same district."The security operation ... is over and all the terrorists eliminated
  
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• NASA employees demand Mitch McConnell ends government shutdown: ‘Missions to moon and Mars are on hold’

  16-01-2019 20:45 via news.yahoo.com
  The US government shutdown is even impacting the heavens.Or, at least those federal workers whose job it is to explore them.Around 50 furloughed NASA employees have gathered to protest outside the Johnson Space Center in Houston, calling for a return to funding so they can do their jobs and waving around symbolic "Payday" candy bars to send the message that they want their money.
  
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• Al-Qaeda Hotel Attack Kills 21, Shaking Kenya Economy Pillar

  16-01-2019 20:41 via news.yahoo.com
  Using hand grenades, automatic rifles and a suicide-bomber, the militants stormed 14 Riverside in Nairobi on Tuesday afternoon, a venue popular with business travelers and Kenya’s elites and home to offices of companies including Pernod Ricard SA and Dow Chemical East Africa Ltd. That precipitated an 18-hour siege around the DusitD2 hotel, which President Uhuru Kenyatta said ended about 9 a.m. Wednesday with the attackers dead.Somalia-based al-Shabaab took responsibility for the assault, t
  
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• New footage shows Dems at swanky 'cocktail reception' in Puerto Rico amid government shutdown

  16-01-2019 20:35 via news.yahoo.com
  New footage has emerged of congressional Democrats enjoying a swanky cocktail party in Puerto Rico in the midst of the partial government shutdown.
  
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• The Latest: Sheriff defends Jayme Closs 911 response

  16-01-2019 20:29 via news.yahoo.com
  BARRON, Wis. (AP) — The Latest on the kidnapping of Wisconsin teenager Jayme Closs and the killing of her parents (all times local):
  
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• Ocasio-Cortez Takes Shot at Banks in Embracing Committee Role

  16-01-2019 20:27 via news.yahoo.com
  The progressive firebrand, who isn’t yet officially a member of the House Financial Services Committee, took to Twitter Wednesday to send a number of missives arguing that the era of banks using campaign contributions to buy legislative favors is coming to an end.
  
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• American CEO Who Narrowly Avoided 9/11 Among 14 Killed in Nairobi Terrorist Attack

  16-01-2019 20:21 via news.yahoo.com
  Jason Spindler was a U.S. citizen based in Kenya
  
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• Trump's Attorney General pick raises alarms with comments on probing Clinton foundation and uranium conspiracy

  16-01-2019 20:03 via news.yahoo.com
  New questions have been raised surrounding Donald Trump's pick to become the next attorney general and his views on investigating the Clinton Foundation and a uranium mining company.William Barr began two days of confirmation hearings on Tuesday to become the next head of the Justice Department, fielding questions from senators about Special Counsel Robert Mueller’s investigation into Russian impact on the 2016 election and other legal issues he would oversee if confirmed.The Republican &m
  
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• Pelosi Knows How to Play Chicken. Trump Doesn’t.

  16-01-2019 20:03 via news.yahoo.com
  House Speaker Nancy Pelosi struck back on Wednesday by postponing Trump’s trip to Capitol Hill for the State of the Union Speech.Pelosi even suggested that Trump might want to consider reviving the pre-Wilsonian tradition of submitting a report in writing instead of a televised speech.
  
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• The Latest: Vehicles pile up on foggy California highway

  16-01-2019 19:52 via news.yahoo.com
  SAN FRANCISCO (AP) — The Latest on California storms (all times local):
  
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• New Richard Branson-backed cruise line Virgin Voyages to have 'massive' suites

  16-01-2019 19:50 via news.yahoo.com
  Virgin Voyages, the new cruise line backed by Richard Branson's Virgin Group, will have some of the biggest suites at sea.
  
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• Live stream: Britain's Parliament holds no-confidence vote for Theresa May

  16-01-2019 19:50 via news.yahoo.com
  Opposition Labour Party leader Jeremy Corbyn called for a no-confidence vote in Theresa May's government.
  
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• Vance County Schools to keep lunches to a 'minimum' to conserve food, funding during government shutdown

  16-01-2019 19:47 via news.yahoo.com
  Vance County Schools said it's making changes to lunch menus to conserve food and funding during the government shutdown.
  
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• EPA Nominee Wheeler Defends Rollbacks While Pressed on Climate

  16-01-2019 19:42 via news.yahoo.com
  Wheeler, a former energy lobbyist who has served as acting administrator for six months, did not mention global warming in his opening remarks to the Environment and Public Works Committee, instead touting agency deregulatory efforts he said would spare businesses some $1.8 billion in compliance costs.“How does it happen that the nominee to be head of the Environmental Protection Agency does not mention the words climate change at a time when the scientific community thinks climate change
  
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• Storm could set off mudslides in fire-scarred California

  16-01-2019 19:38 via news.yahoo.com
  SAN FRANCISCO (AP) — Light showers fell on parts of Northern California bracing for heavy rain and strong winds Wednesday that could unleash mudslides on communities struggling after the deadliest U.S. wildfire in a century.
  
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• Rep. Max Rose says the State of the Union is 'we are not open for business'

  16-01-2019 19:37 via news.yahoo.com
  Democratic Congressman Max Rose from New York urges an end to the partial government shutdown, followed by a sensible debate on border security.
  
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• Rep. Wenstrup on a State of the Union during a shutdown: Americans need to hear from the president

  16-01-2019 19:35 via news.yahoo.com
  Republican Congressman Brad Wenstrup from Ohio says Speaker Pelosi's request for President Trump to postpone the State of the Union address makes no sense.
  
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• DHS responds to Pelosi's request to delay the State of the Union address for security concerns

  16-01-2019 19:27 via news.yahoo.com
  Senior DHS official says the Secret Service is ready for President Trump's State of the Union on January 29 and that no one from Nancy Pelosi's office checked with the Secret Service before requesting delay; chief White House correspondent John Roberts reports.
  
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• BAML’s Moynihan confirms plan to hire investment bankers

  16-01-2019 19:26
  The bank will focus chiefly on expanding coverage in the US, but also hire bankers in Europe, CEO says
  
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• Goldman CEO apologises for banker’s 1MDB involvement

  16-01-2019 19:25
  CEO says Goldman staff are ‘angry and upset’ at the firm’s connection with ‘such a significant fraud’
  
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• Pelosi tells Trump to postpone State of the Union over record-long government shutdown

  16-01-2019 19:23 via news.yahoo.com
  The speaker of the House of Representatives, Nancy Pelosi, has asked Donald Trump to postpone his annual State of the Union address amid a government shutdown now into its 26th day.The move could deny the president the grandeur of the annual platform, which he is likely to use to criticise Ms Pelosi and Democrats over the shutdown.Democrats have said they will not sanction $5.7bn (£4.4bn) funding for Mr Trump’s proposed border wall which the president has made a central demand for re
  
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