Finance news

• Trump Says Closing the Border May Be Necessary Despite Economic Cost

  02-04-2019 23:41 via news.yahoo.com
  President Trump said Tuesday that the economic cost of closing the southern border would be worth bearing for the security such a move would provide the U.S.National security is “more important than trade,” and “the border’s going to be closed 100 percent” if neither Congress nor Mexico steps up with a solution to the flood of migrants from Central America hoping to reach the U.S., Trump said at the White House.“Border Patrol has done an incredible j
  
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• Explainer: Can Democratic subpoenas force the release of Mueller's Trump-Russia report?

  02-04-2019 23:39 via news.yahoo.com
  Attorney General William Barr, who has broad authority under Justice Department regulations to decide how much of Mueller's report to release, sent lawmakers a four-page letter on March 24explaining Mueller's "principal conclusions" and has promised to release the nearly 400-page report by the middle of this month, with some parts blacked out, or "redacted."That has not satisfied Democrats, who control the House.The House Judiciary Committee is scheduled to vote on Wednesday to authorize a subpo
  
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• Nipsey Hussle updates: Struggle over handgun prompted stampede at memorial vigil, LAPD chief says

  02-04-2019 23:37 via news.yahoo.com
  Officials in Los Angeles discussed the impact of the Nipsey Hussle's death on the city.
  
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• 'Something no human has seen before': The first-ever photograph of a black hole will likely be unveiled next week

  02-04-2019 23:30 via news.yahoo.com
  They've captivated us for decades, but we've never actually photographed a black hole before – until now.
  
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• Judge takes oversight of PG&E's wildfire prevention plans

  02-04-2019 23:23 via news.yahoo.com
  SAN FRANCISCO (AP) — A federal judge said Tuesday he will closely monitor Pacific Gas & Electric's tree-trimming this year and barred the utility from paying out dividends to shareholders as part of a new, court-ordered wildfire prevention plan.
  
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• Nokia’s new X71 has a stellar design that rivals that of the Galaxy S10

  02-04-2019 23:17 via news.yahoo.com
  HMD Global's Nokia 9 PureView might be the best Nokia phone you can buy right now, but the device isn't necessarily perfect. The phone features a "classic" Nokia handset design, which means it has thicker bezels than most consumers want, and relies on last year's top Snapdragon processor to power its penta-lens camera.One of its biggest rivals is Samsung's Galaxy S10 -- a phone that features a hole-punch display design, as well as the latest Qualcomm processor. The S10, however, only features a
  
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• Assault-Weapon Ban Easily Advances in New Zealand Parliament

  02-04-2019 23:17 via news.yahoo.com
  New Zealand lawmakers on Tuesday advanced legislation that would ban the military-style semi-automatic weapons used in the recent Christchurch mosque shootings, with the support of all but one member of the 120-person parliament.The ban, which applies to semi-automatic rifles and shotguns that can be equipped with detachable magazines capable of holding more than five rounds, must pass two more parliamentary votes before it is signed into law.Police Minister Stuart Nash praised lawmakers Tuesday
  
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• University of Arizona will charge 2 students over protest of Border Patrol event on campus

  02-04-2019 23:16 via news.yahoo.com
  Video showed two Border Patrol agents giving a classroom presentation, while people outside called them "Murder Patrol" and "an extension of the KKK."
  
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• AP FACT CHECK: Trump misstates country of his dad's birth

  02-04-2019 23:16 via news.yahoo.com
  WASHINGTON (AP) — President Donald Trump is confusing his father and grandfather when it comes to his German ancestry.
  
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• Lenny Dykstra pleads guilty to running illegal rooming home in New Jersey

  02-04-2019 23:14 via news.yahoo.com
  Dykstra admitted in municipal court Tuesday to violating city housing codes in Linden by running a rooming house without permission.
  
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• North Carolina Republican Party chairman charged in bribery case

  02-04-2019 23:07 via news.yahoo.com
  The U.S. Justice Department said on Tuesday it had charged the chairman of the North Carolina Republican Party, Robert "Robin" Hayes, and a major political donor in a corruption scheme that targeted a state official.According to an indictment unsealed on Tuesday, Hayes worked with business executive Greg Lindberg to bribe state insurance commissioner Mike Causey.Causey reported the effort to law enforcement officials and cooperated in the investigation, authorities say.
  
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• New Zealand's Parliament advanced a sweeping gun control bill. Just one lawmaker opposed

  02-04-2019 23:01 via news.yahoo.com
  Lawmakers in New Zealand's Parliament overwhelmingly backed a bill that would ban certain guns after attacks at two mosques last month.
  
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• GameStop forecasts surprise first-quarter loss, shares fall

  02-04-2019 22:58 via news.yahoo.com
  Shares of the company fell 7.52 percent to $9.34 in extended trading after GameStop also reported quarterly revenue below analysts' estimates.GameStop has struggled in the face of a changing retail landscape and in March named retail industry veteran George Sherman chief executive officer, its fifth CEO in just over a year.For the latest quarter, GameStop posted adjusted earnings of $1.60 per share, scraping past analysts' estimates of $1.58 per share.
  
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• Telecom analyst says approval for Sprint/T-Mobile deal less likely

  02-04-2019 22:51 via news.yahoo.com
  The odds that Sprint Corp and T-Mobile will win approval for their $26 billion merger has fallen to 33 percent from 50 percent because of the U.S. states' apparent willingness to fight the planned merger, MoffettNathanson Research said on Tuesday.The deal, which could be challenged by the Justice Department, Federal Communications Commission, state attorneys general or utilities commissions, has been criticized because it would reduce the number of national wireless carriers available to consume
  
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• Palestinians pray for fish as Israel opens deeper waters

  02-04-2019 22:45 via news.yahoo.com
  This week, as part of Egyptian-mediated efforts to ease the plight of 2 million residents of the blockaded Gaza Strip, Israel has extended the area where it permits Palestinians to fish.Israel keeps a naval cordon on Gaza, part of a blockade it and neighboring Egypt say is necessary to prevent arms smuggling by the Hamas Islamists that rule the coastal territory.Israel has long limited Palestinian fishing waters, and has varied the size of the zone.
  
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• Smollett Conspiracy Theories Target George Soros

  02-04-2019 22:41 via news.yahoo.com
  Nuccio DiNuzzo/GettyThis story originally appeared in Right Richter, a newsletter by Will Sommer. Subscribe now to see what's happening in right-wing media from the safety of your inbox.A couple dozen protesters gathered in Chicago yesterday to demonstrate against the decision to drop charges against former Empire actor Jussie Smollett for his alleged hate crime hoax. But amid the signs criticizing Smollett and prosecutor Kim Foxx, there was one surprising name that drew protesters’ ire: b
  
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• Trump softens rhetoric on closing border, suggests Mexico is helping to stop illegal crossings

  02-04-2019 22:38 via news.yahoo.com
  The White House says closing the border is still an option but suggests it has no timeline despite earlier assertions it could happen this week.
  
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• That time when 'Game of Thrones' star Sophie Turner went to (and survived) a real Red Wedding

  02-04-2019 22:35 via news.yahoo.com
  Sophie Turner, who plays Sansa Stark on "Game of Thrones," says she went to a red wedding in real life and no one died, a nice change from the kinds of lethal weddings that usually populate the HBO show.
  
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• Trump keeps claiming his father was born in Germany. It was the Bronx.

  02-04-2019 22:33 via news.yahoo.com
  The president's father was, in fact, born in the Bronx.
  
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• Pence calls for release of Americans held in Venezuela

  02-04-2019 22:32 via news.yahoo.com
  WASHINGTON (AP) — Vice President Mike Pence called on Venezuelan President Nicolas Maduro to immediately release six American oil executives who have been jailed for more than a year without trial, but he acknowledged, practically in the same breath, that their freedom will be slow to come as long as Maduro remains in power.
  
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• If Trump closed the border with Mexico, the U.S. auto industry would shut down in days

  02-04-2019 22:29 via news.yahoo.com
  Automotive and parts production would take months to restart. Even a short shutdown could weaken the US economy and push it into recession.
  
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• 2020 Toyota Yaris Hatchback Preview

  02-04-2019 22:28 via news.yahoo.com
  2020 Toyota Yaris Hatchback Gets Bigger and Adds FeaturesToyota rolled out preliminary information on its 2020 Yaris hatchback today, ahead of its public unveiling at the New York International...
  
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• White House whistleblower testimony prompts Dems to subpoena Trump official over security clearances

  02-04-2019 22:25 via news.yahoo.com
  White House officials received clearances despite problems with background checks. The group appears to include Trump son-in-law Jared Kushner.
  
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• GOP tries to push vote on bill on babies surviving abortions

  02-04-2019 22:19 via news.yahoo.com
  WASHINGTON (AP) — Republicans started a long-shot drive Tuesday to force a House vote on a measure that could imprison doctors for five years if they don't try saving the lives of infants born during attempted abortions.
  
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• Conservatives Say Students Censored Border Patrol. Now the University of Arizona Will Charge Them for Protesting.

  02-04-2019 22:12 via news.yahoo.com
  Dianne Leeth / AlamyLaw enforcement at the University of Arizona said they plan to charge two students for protesting Border Patrol agents’ presence on campus last month. In a statement announcing the charges, the university’s president accused the students of infringing on “free speech” rights.The March 20 incident was tailor-made for right-wing outrage. A viral video shows a University of Arizona student standing outside a classroom and criticizing two Border Patrol age
  
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• Trump says he strengthened NATO by insisting on higher contributions

  02-04-2019 22:08 via news.yahoo.com
  President Donald Trump said Tuesday he has strengthened NATO by insisting on a "rocket" like increase in military spending by allies that he says used to take advantage of US largesse."Tremendous progress has been made and NATO's much stronger," Trump told reporters at a White House meeting with NATO chief Jens Stoltenberg ahead of the alliance's 70th anniversary celebrations in Washington.Trump has long complained about NATO, accusing Western allies of being freeloaders that do not pull their w
  
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• Delay sought on ruling allowing high-capacity ammo magazines

  02-04-2019 22:07 via news.yahoo.com
  SACRAMENTO, Calif. (AP) — California's attorney general said Tuesday it appears the sale of high-capacity ammunition magazines has started in the state for the first time in nearly two decades after a federal court judge tossed out a statewide ban.
  
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• Warren Buffett Answers 10 Key Investing Questions

  02-04-2019 22:03 via news.yahoo.com
  Berkshire Hathaway (ticker: BRK.A, BRK.B) CEO and legendary Wall Street investor Warren Buffett recently spoke to CNBC following the annual release of the company's shareholder letter.Buffett gave his take on the current valuation of the stock market, buying stocks on a price dip, the trade war with China and a number of other important issues on investors' minds.Berkshire holding Kraft Heinz Co. (KHC) dropped by more than 30 percent after the company recently announced a $15 billion writedown,
  
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• American Airlines' newest jet, the Airbus 321neo, takes off

  02-04-2019 22:03 via news.yahoo.com
  The Airbus A321neo has high-speed WiFi and power outlets at every seat, and promises better fuel economy.
  
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• Lithuanian man flies alone on huge plane to Italy

  02-04-2019 21:49 via news.yahoo.com
  A Lithuanian man flying to Italy got a pleasant surprise when he boarded the plane: He was the only passenger on the Boeing 737-800.
  
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• The Latest: Steve Wynn again denies misconduct accusations

  02-04-2019 21:46 via news.yahoo.com
  BOSTON (AP) — The Latest on hearings in Massachusetts on sexual misconduct allegations at Wynn Resorts (all times local):
  
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• Bernie Sanders campaign touts its diversity and fights 'the narrative of 2016'

  02-04-2019 21:40 via news.yahoo.com
  The leadership of Sen. Bernie Sanders’s presidential campaign held a press call with reporters on Tuesday where they touted figures showing the diversity of their staff and supporters.On his way to losing the Democratic primary to Hillary Clinton in 2016, Sanders was dogged by the impression he was not popular with minorities and that many of his supporters were male “Bernie bros” who were hostile towards women.“The senator is really popular and supported by a diverse coa
  
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• Online backer proves pre-vote embarrassment for Israel's Netanyahu

  02-04-2019 21:34 via news.yahoo.com
  An Israeli real estate agent shot to sudden notoriety when Benjamin Netanyahu presented him as a typical supporter, but scrutiny of his abusive online posts has caused discomfort for the premier ahead of polls.The veteran prime minister brought Giora Ezra, 63, to a press briefing Monday in a bid to dismiss accusations his Likud party has deployed an army of internet bots to help get him reelected.Are you a robot?" Netanyahu asked with a smile.
  
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• Waco Biker Gang Shootout: DA Drops All Remaining Charges

  02-04-2019 21:32 via news.yahoo.com
  Handout/ReutersNearly four years after nine men died and another 20 were injured in a brutal melée at a Twin Peaks restaurant in Waco, Texas, the local district attorney announced Tuesday that he will dismiss the remaining 24 cases involved in the shooting—effectively closing the criminal matter that began on May 17, 2015.On that hot and bloody Sunday, a gun battle broke out between members of the Bandidos and Cossacks motorcycle clubs at a quiet outdoor shopping mall. In the afterm
  
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• British PM seeks new Brexit delay to approve deal

  02-04-2019 21:31 via news.yahoo.com
  Prime Minister Theresa May said Tuesday she would ask the EU to delay Brexit again to avoid Britain crashing out of the bloc next week, signalling she could accept a closer relationship with Europe to break months of political deadlock.In a move which enraged the Brexit-supporting wing of her Conservative Party, she also offered to work with the leader of the main opposition Labour Party, Jeremy Corbyn, who favours closer ties with the European Union.Corbyn responded saying he was "very happy" t
  
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• VIDEO: Vallejo police release bodycam footage from deadly shooting in Taco Bell drive-thru

  02-04-2019 21:24 via news.yahoo.com
  The Vallejo Police Department released body cam footage and 911 audio from a deadly officer-involved shooting that happened in a Taco Bell drive-thru in February.
  
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• Puerto Rico is rebounding after Hurricane Maria

  02-04-2019 21:24 via news.yahoo.com
  SAN JUAN, Puerto Rico (AP) — Nearly two years after a deadly hurricane season, tourists are visiting Puerto Rico in record numbers as the U.S. territory continues to rebuild from Hurricane Maria.
  
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• Bernie Sanders takes the early fundraising lead for 2020

  02-04-2019 21:24 via news.yahoo.com
  The Vermont senator raised $18.2 million in the first quarter of 2019.
  
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• Democrat-led House panel subpoenas ex-White House security chief in security clearance probe

  02-04-2019 21:21 via news.yahoo.com
  Elijah Cummings, chairman of the House of Representatives Oversight Committee, led the push to subpoena Carl Kline, who wasWhite House personnel security chief for the first two years of Trump's presidency and now works for the Department of Defense.The committee voted to approve the subpoena for Kline, with 22 Democrats voting in favor and 15 Republicans against.In a letter sent to White House counsel Pat Cipollone on Monday, Cummings said Kline had not responded to the committee's requests tha
  
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• Trump promises incredible health care, again

  02-04-2019 21:18 via news.yahoo.com
  Trump’s 2019 proposal — which consists of backing a lawsuit to overturn Obamacare, but not coming up with a replacement until after the 2020 election — seems unlikely to help rebrand the GOP as “the party of health care.”
  
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• Care.com slumps after Best Buy suspends relationship

  02-04-2019 20:54 via news.yahoo.com
  Electronics retailer Best Buy Co Inc said on Tuesday it had suspended its relationship with Care.com Inc, sending the online childcare marketplace operator's stock down 9.8 percent.Care.com's stock tumbled last month after the Wall Street Journal reported that the company listed U.S. caregivers who had police records and were later accused of committing crimes while caring for clients' children or elderly relatives.Best Buy had offered Care.com's Care@work service as a benefit to its employees.
  
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• Nancy Pelosi urges Joe Biden to keep his hands to himself

  02-04-2019 20:51 via news.yahoo.com
  Speaker asks former vice-president to ‘join the straight-arm club’ but says his behavior doesn’t disqualify him from a 2020 run* US politics live: follow the latest updatesNancy Pelosi said of Joe Biden’s behavior with women: ‘What’s important is how they receive it, not necessarily how you intended it.’ Photograph: Mandel Ngan/AFP/Getty ImagesNancy Pelosi – widely seen as the most powerful woman in Washington – has some advice for Joe Biden:
  
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• Joe Biden's presidential hopes face crisis as second accuser details unwanted touching

  02-04-2019 20:50 via news.yahoo.com
  Joe Biden is facing the first major crisis of an as-yet-unannounced presidential bid after a second woman accused him of unwanted touching and Democrats debated if the claims should disqualify him. The former US vice president was said to have pulled a woman’s head towards him to “rub noses” at a political event – an allegation that emerged just days after a similar claim became public.  Amy Lappos, the former congressional aide who made the accusation, said the beha
  
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• Coroner: South Carolina student Samantha Josephson died of 'multiple sharp force injuries'

  02-04-2019 20:48 via news.yahoo.com
  The Clarendon County Coroner has revealed the cause of death of a University of South Carolina student with ties to New Jersey.
  
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• Trump praises 'rocket-ship' increase in NATO spending

  02-04-2019 20:38 via news.yahoo.com
  US President Donald Trump said Tuesday he was happy with NATO allies' rising spending on defense, hailing a "rocket-ship" increase since he took office."Tremendous progress has been made and NATO's much stronger," Trump told reporters as he met NATO chief Jens Stoltenberg ahead of the alliance's 70th anniversary celebrations in Washington."It's a rocket ship up," he said of the spending.
  
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• 2020 Ford Escape vs. Honda CR-V and Toyota RAV4: How Does the All-New Ford Measure Up?

  02-04-2019 20:30 via news.yahoo.com
  We explore the similarities and differences between these three popular SUVs.
  
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• Bye-bye, 'Whole Paycheck'? Amazon's Whole Foods Market cutting prices starting Wednesday

  02-04-2019 20:25 via news.yahoo.com
  Prices will be reduced by an average of 20% on select items throughout Whole Foods Market starting April 3.
  
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• 5 of the Best Stocks to Buy for April

  02-04-2019 20:24 via news.yahoo.com
  In the first quarter, the S&P 500 got off to its best start to a year since 1998, surging 13.1 percent. After a lousy fourth quarter of 2018, a "reversion to the mean" wasn't all too surprising in a solid economy facing few obvious obstacles.
  
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• Ford Escape gets big redesign — and biggest surprise is in back seat

  02-04-2019 20:08 via news.yahoo.com
  In launching its latest compact SUV, Ford unveils a redesign of its popular Escape with more second-row legroom than a Chevy Suburban.
  
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• Lyft falls further from IPO after receiving first 'sell' rating

  02-04-2019 20:07 via news.yahoo.com
  Lyft Inc's stock sank further below its IPO price on Tuesday after receiving its first negative review from an analyst who is skeptical that consumers will give up car ownership in favor of relying on ride-hailing services.Shares of the money-losing San Francisco company fell as much as 4.2 percent to $66.10 on Tuesday, their second straight session of losses after a hotly anticipated $72 initial public offer on Friday.The stock's weak performance could make investors more cautious about a strin
  
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