Finance news

• California governor halts death penalty: 'I couldn't sleep'

  13-03-2019 23:45 via news.yahoo.com
  California Governor Gavin Newsom on Wednesday halted the death penalty, saying he was deeply troubled by the possibility ofexecuting an innocent person even though California voters have repeatedly backed capital punishment.Newsom was convinced by statistics suggesting that perhaps dozens of the 737 inmates on the state's death row were innocent.The state has not held an execution since 2006 but appeared to be moving toward resuming them.
  
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• Correction: Trump-Judicial Nominee story

  13-03-2019 23:38 via news.yahoo.com
  WASHINGTON (AP) — In a story March 12 about Senate confirmation of Paul Matey as an appeals court judge, The Associated Press reported erroneously that Matey is senior vice president and general counsel at University Hospital in New Jersey. He left the hospital in August 2018 and became a partner at Lowenstein Sandler law firm.
  
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• Google is reportedly cutting back on hardware, moving some workers to new jobs

  13-03-2019 23:34 via news.yahoo.com
  Is the hardware honeymoon over at Google? That's certainly one interpretation of reports that have emerged from within the company suggesting Google seems to be trimming its product portfolio, or is about to. This despite the fact that the tech giant has enjoyed some degree of hardware success thanks to products like its Pixel smartphones and smart speakers that compete against Amazon's dominance in that market.Nevertheless, Google has begun reassigning employees away from is tablet and laptop d
  
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• California dismantles its execution chamber as governor orders moratorium on death penalty: ‘I couldn’t sleep at night’

  13-03-2019 23:34 via news.yahoo.com
  California’s governor has signed a moratorium halting the use of the death penalty, saying he would be unable to sleep at night if he sent just one innocent person to their death.Gavin Newsom, who was sworn in as the state’s 40th governor in January, said statistics suggested at least one of the 737 inmates on California’s death row – more than any other state – ought not to be there.Citing a National Academy of Sciences report that estimated 1 out of every 25 peopl
  
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• Brexit set for delay after May wounded by rejection of 'no-deal'

  13-03-2019 23:26 via news.yahoo.com
  After a day of high drama, lawmakers defied the government by voting 321 to 278 in favor of a motion that ruled out a potentially disorderly "no-deal" Brexit under any circumstances.It went further than the government's position of keeping the threat of a "no-deal" Brexit on the negotiating table -- a stance many in her party said was essential to push Brussels to make further concessions to the deal they have rejected.While the approved motion has no legal force and ultimately may not prevent a
  
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• President Donald Trump issues order to ground Boeing 737 Max 8 after crashes

  13-03-2019 23:25 via news.yahoo.com
  President Donald Trump said Wednesday that he has signed an executive order to ground the Boeing 737 Max 8 planes involved in two recent crashes.
  
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• 'Bomb Cyclone' brings snow, high winds to U.S. Plains states

  13-03-2019 23:23 via news.yahoo.com
  A late-winter blizzard pounded U.S. Rocky Mountain and Plains states on Wednesday, unleashing a "bomb cyclone" of high winds and drifting snow that stranded motorists, canceled airline flights and forced government offices, schools and businesses to close.The National Weather Service issued blizzard warnings for parts of Colorado, Wyoming, Nebraska and the Dakotas as local authorities urged residents to hunker down and avoid traveling during the storm if possible.Meteorologists call storms like
  
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• Whitaker Went Mum on Talks With Trump Over Cohen, Nadler Says

  13-03-2019 23:14 via news.yahoo.com
  “Unlike in the hearing room, Mr. Whitaker did not deny that the president called him to discuss the Michael Cohen case and personnel decisions in the Southern District” of New York, Representative Jerrold Nadler told reporters Wednesday after two hours of closed-door questioning.Nadler had demanded that Whitaker meet with the panel to resolve what the New York Democrat portrayed as contradictions in Whitaker’s public testimony before the committee on Feb. 8.
  
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• Flight path data of two crashed Boeing 737 Max 8 planes 'very close,' FAA says

  13-03-2019 23:13 via news.yahoo.com
  The United States followed nations around the globe in grounding Boeing 737 MAX 8 jets.
  
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• Senate Democrat Targets College Donors After Admissions Scandal

  13-03-2019 23:07 via news.yahoo.com
  Ron Wyden of Oregon, the ranking minority member of the Senate Finance Committee, said Wednesday he plans to introduce a bill that would prohibit donors to colleges to take a tax deduction for those charitable contributions before or during the time a family member is enrolled.Wyden’s announcement follows the indictments of dozens of wealthy parents, college coaches and a college admission counselor in a sweeping criminal conspiracy to gain admission to elite universities, including Yale,
  
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• Outrage after admissions scandal at Yale exposed

  13-03-2019 23:06 via news.yahoo.com
  The college admissions scandal exposed by the indictments of some of wealthiest people in America is causing anger and shock at Yale University. (March 13)
  
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• Parliament Votes Against No-Deal Brexit as Theresa May Suggests Delay

  13-03-2019 23:02 via news.yahoo.com
  On another chaotic day in London, Theresa May suffered a major rebellion from her own Conservatives, lost two big votes, saw a minister resign, and ended up warning that Brexit will be delayed for many months if there’s no agreement in the next week.At the end of the night, the House of Commons eventually voted 321 to 278 to reject leaving the EU with no deal and is now expected to seek to postpone the U.K.’s departure.It is almost three years since Britain voted to cancel its 40-yea
  
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• Trump sees 'very good chance' of trade deal with China

  13-03-2019 22:51 via news.yahoo.com
  US President Donald Trump said Wednesday he sees a "very good chance" of reaching a trade deal with China but is in "no rush" to reach an agreement."I think there's a very good chance the deal will be made," Trump said.
  
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• British MPs vote to reject no-deal Brexit

  13-03-2019 22:37 via news.yahoo.com
  British MPs voted to reject a no-deal Brexit on Wednesday, prompting Prime Minister Theresa May to announce she will put her EU divorce plan to parliament for a third time in the coming days.May warned that if MPs did not adopt the deal there could have to be a lengthy delay to Brexit that would see Britain elect members to the European Parliament in elections in May.The chaotic session of parliament demonstrated once again the splits in parliament over Brexit, reflecting the deep divisions that
  
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• Paul Manafort's Sentence May Start Cleaning Up the Shady Lobbying He Pioneered

  13-03-2019 22:33 via news.yahoo.com
  Paul Manafort pioneered the business of helping foreign governments sway American policy, but his sentence may mark the end of the era.
  
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• Venezuela seeks to restore power amid looting; China offers help

  13-03-2019 22:27 via news.yahoo.com
  Power had returned to many parts of Venezuela after a nationwide outage last week, with the country's main port terminal of Jose, which is crucial for oil exports, resuming operations.The ruling Socialist Party blamed the outage on an act of U.S. sabotage, accusing President Donald Trump of being responsible for several cyber attacks on Venezuela's main dam."About 100 people came into the store and took all the food, the point of sale terminals," said Maria Centeno, 29, the owner of a store sell
  
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• Eight killed, 37 rescued, in Lagos building collapse

  13-03-2019 22:26 via news.yahoo.com
  Children had been attending an "illegal school" inside the residential building when the structure collapsed, officials said."Thirty-seven people were rescued alive and eight were recovered dead," Ibrahim Farinloye of the National Emergency Management Agency (NEMA) said in a statement.Earlier officials said dozens of children were trapped inside the building which collapsed mid-morning in an area near Itafaji market on Lagos Island.
  
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• 'Affirmative action for the rich:' How the privileged legally game the college admissions process

  13-03-2019 22:24 via news.yahoo.com
  Wealthy and influential parents often routinely use their privilege to game the college admissions process. And it's perfectly legal.
  
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• US pilots reported problems with Boeing 737 MAX

  13-03-2019 22:22 via news.yahoo.com
  The US decision on Wednesday to ground the Boeing 737 MAX came after authorities noted similarities between two recent crashes, eerily echoing reports from American pilots who complained of problems with the plane late last year.At least four US pilots filed reports following the October crash of a Lion Air flight in Indonesia shortly after takeoff and all complained the aircraft suddenly pitched downward, according to documents reviewed by AFP on a flight safety database.The Federal Aviation Ad
  
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• Pound rallies on Brexit delay hopes before 'no deal' vote

  13-03-2019 22:14 via news.yahoo.com
  New York (AFP) - The British pound recovered strongly Wednesday as traders were increasingly confident Britain's exit from the EU will be pushed beyond the current March 29 deadline.
  
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• Admissions scandal highlights divide over class in America

  13-03-2019 22:14 via news.yahoo.com
  PROVIDENCE, R.I. (AP) — The families ensnared in the college bribery scandal embody wealth and privilege in America: CEOs, Hollywood stars, Wall Street millionaires. A California vineyard owner. A prominent Manhattan lawyer.
  
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• Pound Soars as U.K. Parliament Rejects No-Deal Brexit From EU

  13-03-2019 22:06 via news.yahoo.com
  The result means Parliament will vote Thursday to decide whether to postpone the U.K.’s exit from the EU in just over two weeks.The development came after Parliament a day earlier rejected a revised version of the withdrawal agreement that Prime Minister Theresa May has spent the past two years negotiating with the EU.May is planning to ask the EU for an extension to the March 29 Brexit deadline lasting about two months, according to people familiar with the matter.
  
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• Alex Trebek returns to 'Jeopardy' after revealing stage 4 cancer diagnosis

  13-03-2019 22:02 via news.yahoo.com
  In his YouTube announcement on March 6 sharing his diagnosis, the 78-year-old host told viewers that he planned on returning to work.
  
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• Alexa and Google can control things outdoors, too, with this discounted weatherproof smart plug

  13-03-2019 22:01 via news.yahoo.com
  You know what's cooler than having those gorgeous outdoor string lights in your backyard? Having those gorgeous outdoor string lights in your backyard and being able to control them with your voice using Alexa. The iClever Outdoor Smart Plug is a weatherproof Wi-Fi smart plug with two outlets, and each one can be controlled individually using Alexa or Google Assistant voice commands. Plug your string lights into one outlet, your fountain pump into the other, and enjoy! This nifty weatherproof sm
  
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• IS cling to last redoubt in face of US-backed

  13-03-2019 21:56 via news.yahoo.com
  Baghouz (Syria) (AFP) - Islamic State group fighters launched suicide attacks Wednesday at US-backed Syrian forces in a desperate bid to defend their last scrap of territory after 3,000 of their fellow jihadists surrendered.
  
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• The Latest: California governor may commute death sentences

  13-03-2019 21:43 via news.yahoo.com
  SACRAMENTO, Calif. (AP) — The Latest on California Gov. Gavin Newsom's moratorium on executions (all times local):
  
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• College students respond to "Operation Varsity Blues" admissions scam

  13-03-2019 21:43 via news.yahoo.com
  Margaret Gach from Georgetown and Mehraz Rahman from the University of Texas share how the college cheating scandal has affected their campuses.
  
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• US grounds Boeing 737 MAX amid growing safety concerns

  13-03-2019 21:42 via news.yahoo.com
  The ban on the Boeing 737 MAX aircraft became worldwide on Wednesday after US President Donald Trump joined Canada and other countries in grounding the aircraft amid intense pressure about the safety concerns.Demands grew for urgent answers over the safety of the Boeing 737 MAX 8 as Ethiopian and US authorities searched for the cause of Sunday's deadly crash near the capital of the African nation, which followed a fatal accident in Indonesia in October."We're going to be issuing an emergency ord
  
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• Trump Shows Openness on Xi Summit Terms to Soothe China Concerns

  13-03-2019 21:29 via news.yahoo.com
  “We could do it either way,” Trump told reporters Wednesday at the White House.Chinese officials have growing increasingly wary of putting Xi in a position where he might be embarrassed by an unpredictable Trump or forced into last-minute concessions.While appearing to address Chinese concerns, Trump also warned on Wednesday that he’ll reject a deal he doesn’t like.
  
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• Trump ex-campaign chief faces New York charges, more jail time

  13-03-2019 21:29 via news.yahoo.com
  New York prosecutors filed mortgage fraud and other charges on Wednesday against Paul Manafort, Donald Trump's former campaign chief, just minutes after he was sentenced to an additional 43 months in prison in another case.Manafort, 69, who appeared in court in a wheelchair, is now facing a total of 7.5 years in jail after going before two federal judges for tax crimes, bank fraud and conspiracy charges.
  
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• U.S. stock funds lose inflows as stock rally continues

  13-03-2019 21:27
  U.S. investors ended their longest buying streak since October by pulling money out of domestic stock mutual fund and exchange-traded funds last week on global concerns about economic growth in...
  
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• Islamic State counter-attacks out of final Syria enclave fall short: U.S.-backed SDF

  13-03-2019 21:25 via news.yahoo.com
  The jihadists, waging a last-ditch battle in Baghouz, a collection of hamlets and farmland near the Iraqi border, dispatched suicide bombers against SDF fighters, who thwarted the attacks, the U.S.-backed force said.Islamic State launched the second counter-attack in the afternoon, "(taking) advantage of smoke and dust over Baghouz", the SDF media office said.
  
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• One person killed, dozens of children feared trapped in collapsed Lagos building

  13-03-2019 21:21 via news.yahoo.com
  At least one person was killed and dozens of children were among those feared trapped after a four-storey building containing a primary school collapsed in Nigeria's commercial capital Lagos on Wednesday.Adeshina Tiamiyu, general manager of the Lagos State Emergency Management Agency, said that the agency had recorded one death so far in the disaster, and had rescued nearly 50 people.Residents said around 100 children had attended the school, which was on the top levels of the building.
  
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• Trump says 'I feel very badly' after Paul Manafort was sentenced to more prison time

  13-03-2019 21:13 via news.yahoo.com
  The president described it as a "very sad situation."
  
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• Manafort’s Light Sentence in Washington Owes to How Mueller Charged Him

  13-03-2019 21:09 via news.yahoo.com
  Paul Manafort has been sentenced to 43 additional months in prison by a federal judge in Washington, D.C. Manafort had been sentenced to 47 months’ imprisonment last week by a federal judge in Virginia.The Washington sentence was imposed at shortly after noon today, in a proceeding that took more than two hours.Manafort was facing two conspiracy counts, each with a maximum five-year (or 60-month) sentence. On count one, Judge Amy Berman Jackson imposed 60 months, 30 months to run concurren
  
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• Paul Manafort gets additional 3 1/2 years at 2nd sentencing, then indicted in New York

  13-03-2019 21:05 via news.yahoo.com
  Former Trump campaign chairman Paul Manafort faced his second sentencing hearing in as many weeks Wednesday, with a judge tacking on more than 3 1/2 additional years in prison beyond the roughly four-year punishment he has already received.
  
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• Google just released the first Android Q beta

  13-03-2019 21:04 via news.yahoo.com
  In keeping with its pattern of a March release for the last several years, Google has as of this afternoon launched the first developer preview of the next major version of Android -- giving developers and early adopters a look at what's coming via a beta that's being made available for even more devices this time around.Developers can get started right now by enrolling any Pixel device, including the original Pixel and Pixel XL, and the beta is available now for download at https://www.google.c
  
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• UK Parliament acts to avert 'absolute catastrophe' Brexit

  13-03-2019 20:58 via news.yahoo.com
  British lawmakers voted to rule out leaving the European Union without a formal departure deal when the U.K. leaves the bloc in less than three weeks.
  
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• The Latest: Judges skeptical of challenge to California law

  13-03-2019 20:56 via news.yahoo.com
  SAN FRANCISCO (AP) — The Latest on a Trump administration lawsuit against California over state sanctuary laws (all times local):
  
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• Parliament Narrowly Passes Amendment Ruling Out a No-Deal Brexit

  13-03-2019 20:37 via news.yahoo.com
  British parliament on Wednesday approved an amendment prohibiting a so-called no-deal Brexit, in which the U.K. would exit the E.U. without first securing alternative trade and immigration arrangements.The amendment, which passed 312–308, came one day after Prime Minister Theresa May suffered yet another defeat in her ongoing effort to secure parliamentary approval for the Brexit deal she painstakingly negotiated with the European leaders following the 2016 referendum in which U.K. voters
  
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• Luke Perry buried Monday near Tennessee home, death certificate says

  13-03-2019 20:37 via news.yahoo.com
  Perry died March 4 after spending several days in a Los Angeles hospital following a major stroke on Feb. 27.
  
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• California suspends death penalty

  13-03-2019 20:36 via news.yahoo.com
  Governor Gavin Newsom imposed a moratorium on carrying out the death penalty in California on Wednesday, granting a reprieve to 737 condemned inmates -- the largest death row population in the United States."The death penalty has been an abject failure.Newsom, a Democrat who took office in January, has been a staunch opponent of the death penalty, last carried out in California in 2006.
  
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• Lori Loughlin hands herself in as Instagram 'influencer' daughter under pressure over university scam

  13-03-2019 20:34 via news.yahoo.com
  The American star of 90210 was arrested on Wednesday on charges of bribing her children’s way into a California university, as calls mounted for her Instagram influencer daughter to lose her lucrative contracts. Lori Loughlin, 54, was charged with fraud and brought before a judge in Los Angeles – one of 33 parents indicted in the $25 million (£19m) scam. They are accused of paying William Singer to secure their children places at elite universities including Yale, Stanford and
  
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• Bipartisanship in 2020? Not so fast, some Democrats say

  13-03-2019 20:34 via news.yahoo.com
  WASHINGTON (AP) — When John Hickenlooper announced his Democratic presidential campaign, he vowed to sit down with the Senate's top Republican if he wins in 2020 — the kind of milquetoast pitch for bipartisanship that White House hopefuls have made for generations.
  
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• U.S. Reverses Course, Grounds Boeing 737 Max Planes

  13-03-2019 20:29 via news.yahoo.com
  President Trump announced Wednesday that the U.S. will ground Boeing 737 Max 8s and 9s after a deadly crash over the weekend in Ethiopia.The U.S. will issue an "emergency order to ground all 737 Max 8 and the 737 Max 9, and planes associated with that line," Trump said at the White House."Pilots have been notified, airlines have been all notified. Airlines are agreeing with this. The safety of the American people and all people is our paramount concern," Trump said.A brand-new Eth
  
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• The Latest: Trump warns GOP senators ahead of border vote

  13-03-2019 20:23 via news.yahoo.com
  WASHINGTON (AP) — The Latest on the emergency declaration by President Donald Trump (all times local):
  
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• Watch and listen to howling winds make travel difficult on Interstate-25

  13-03-2019 20:21 via news.yahoo.com
  This is the scene of the winter storm on Interstate-25 in Broomfield, Colorado on March 13.Howling winds and heavy snowfall is making travel difficult with poor road conditions and low visibility.
  
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• Heavy snow and howling winds as blizzard sweeps through Colorado

  13-03-2019 20:21 via news.yahoo.com
  Blizzard conditions have swept through Colorado on March 13.First video was shot from Larimer County, Colorado.Howling winds and heavy snowfall made visibility difficult.
  
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• All Boeing Max 8 And 9 Jets Were Just Suspended From Flying in the United States

  13-03-2019 20:20 via news.yahoo.com
  In the wake of two deadly plane crashes, the U.S. finally follows the lead of other countries' aviation administrations in grounding the plane.
  
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• Trump announces news conference at U.S.-Mexico border within three weeks

  13-03-2019 19:57 via news.yahoo.com
  WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday his administration would have a news conference at the southern U.S. border with Mexico in the next three weeks, as he continues to seek congressional backing for a wall there. "We're going to have a news conference at the border over the next three weeks," Trump told reporters at a briefing at the White House on drug trafficking. The U.S. Congress is on the verge of issuing a sharp rebuke to Trump over his declaration of an em
  
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