Finance news

• 'We cannot have perfection as a litmus test': Stacey Abrams defends Biden amid allegations

  04-04-2019 23:56 via news.yahoo.com
  Abrams said there was no truth to the reports that Biden approached her about entering the 2020 race as his vice presidential running mate.
  
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• Trump threatens car import tariffs in new warning to Mexico

  04-04-2019 23:47 via news.yahoo.com
  After backing away from a threat this week to immediately shut the border to stop a surge of migrants from Central America, Trump raised the specter of a 25-percent tariff on cars as a possible tool he could use to force Mexico to halt illegal immigration and drugs."Before we close the border we'll put the tariffs on the cars.Earlier, Trump said he would give Mexico "a one-year warning" to stop drug trafficking, or face tariffs.
  
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• Turkey expands Istanbul vote recount after ruling party challenges losses

  04-04-2019 23:46 via news.yahoo.com
  Erdogan's AK Party said it would also demand a wider check on votes across the capital Ankara - which initial results suggested it also narrowly lost in Sunday's vote in a major blow to the establishment.On Wednesday, Turkey's High Election Board had ordered a full recount in three of Istanbul's 39 districts and a recount of just invalid ballots in 15 districts after an appeal from Erdogan's AKP.
  
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• DNA test dashes the hopes of  Timmothy Pitzen's family after boy claimed to be their son

  04-04-2019 23:38 via news.yahoo.com
  The family of a boy who vanished at the age of six in 2011 had their hopes dashed last night when it emerged a teenager, who claimed to be the missing child, was not telling the truth. The youth claimed to be Timmothy Pitzen, whose disappearance from Aurora, Illinois, became a high-profile case. But the FBI said DNA tests showed he was not. An FBI spokesman said: "DNA results have been returned indicating the person in question is not Timmothy Pitzen. A local investigation continues into this pe
  
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• Pilots of doomed Boeing 737 MAX fought the plane’s software and lost

  04-04-2019 23:33 via news.yahoo.com
  New details into the horrific crash of a Boeing 737 MAX commercial airliner reveal just how messed up the plane's flight control software really was when it brought the plane crashing down in early March. A preliminary look at the crash report for Ethiopia Airlines flight 302, obtained by CNN, suggests that the pilots of the doomed airliner were absolutely powerless to keep the plane in the air, and it was Boeing's flight software that was to blame.The investigation reportedly revealed that the
  
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• How college students are rethinking using Uber, Lyft after tragic death of Samantha Josephson

  04-04-2019 23:33 via news.yahoo.com
  For college students, using ride-share apps has become a way of life. But, in the wake of Samantha Josephson's death, many are now concerned.
  
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• UN head 'shocked' by suffering at migrant camp in Libya

  04-04-2019 23:27 via news.yahoo.com
  UN Secretary General Antonio Guterres said Thursday he was "shocked" by the level of suffering of migrants at a detention centre in Tripoli which he visited during a visit to the Libyan capital."I was very moved and shocked by the level of suffering and especially by the level of despair that I found," Guterres told reporters during the second day of trip to Tripoli during which he visited the Zara detention centre."This is, of course, not only a responsibility for Libya, it’s a responsibi
  
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• Sears Mini-Stores | Home & Life Stores

  04-04-2019 23:19 via news.yahoo.com
  Sears Mini-Stores to Sell Appliances, Mattresses While Amazon seems to always be expanding, Sears continues to shrink—and not just in terms of shuttered stores. The retailer announced Thursday t...
  
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• FBI: Teen found by police isn't Timmothy Pitzen, DNA tests show

  04-04-2019 23:14 via news.yahoo.com
  "DNA results have been returned, and the person in question is not Timmothy Pitzen," FBI Louisville spokesman Timothy Beam said.
  
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• A year later, Trump's 'zero tolerance' border policy frays

  04-04-2019 23:14 via news.yahoo.com
  SAN DIEGO (AP) — As the Trump administration's "zero tolerance" policy hits its anniversary, the promise to criminally prosecute everyone who crosses the Mexico border illegally has been forced to evolve. Today the reality is families come first.
  
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• Will Mueller report ever be released?

  04-04-2019 23:13 via news.yahoo.com
  As a battle wages on between Congress and the Department of Justice over Robert Mueller’s report, investigators for the special counsel appear to be taking a stand. But what will it take in order for politicians – and the public – to see their findings? A new report describes “simmering frustrations” at the special counsel’s office after attorney general William Barr released a four-page summary of its findings, effectively concluding Donald Trump was cleared
  
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• Boeing Takes Full Responsibility For Two Plane Crashes That Killed 360 People

  04-04-2019 23:13 via news.yahoo.com
  Boeing's CEO apologized for the two incidents and says a software update is imminent.
  
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• Target raises its minimum wage by $1 an hour in June

  04-04-2019 23:12 via news.yahoo.com
  Target is raising it's minimum wage by $1 to $13 an hour. Walmart raised its starting pay to $11 an hour in 2018.
  
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• Teen found in Kentucky is not missing boy Timmothy Pitzen: FBI

  04-04-2019 23:03 via news.yahoo.com
  Hopes were briefly raised that the teen, who said he had escaped kidnappers, was Timmothy, last seen after his mother pulled him out of school in Aurora, a far-west suburb of Chicago, and then committed suicide."A local investigation continues into this person's true identity," Louisville FBI Agent Tim Beam said in a statement emailed to Reuters.
  
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• Amazon's Bezos, ex-wife reach biggest divorce deal in history

  04-04-2019 23:01 via news.yahoo.com
  Amazon founder Jeff Bezos and his ex-wife, MacKenzie, finalized the biggest divorce settlement in history on Thursday, leaving him with 75 percent of their stock in the tech giant and giving her nearly $36 billion in shares.MacKenzie Bezos said she would give all of her stake in The Washington Post and the space exploration firm Blue Origin to her ex-husband -- the world's richest man -- as well as voting control of her remaining Amazon stock.Jeff Bezos, 55, and MacKenzie, 48, a novelist, marrie
  
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• UN council to meet on Libya as Haftar's forces advance

  04-04-2019 23:00 via news.yahoo.com
  The UN Security Council will meet behind closed doors on Friday to discuss the situation in Libya after the leader of eastern forces in the war-scarred north African country ordered his troops to advance on Tripoli.Britain requested the urgent meeting on Thursday, diplomats said, following the order from Khalifa Haftar, a key player opposed to the government in the capital.The spike in tensions came as Secretary-General Antonio Guterres was making his first visit as UN chief to Libya ahead of a
  
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• Teen Found Wandering Around Kentucky Is Not Missing Boy Timmothy Pitzen. He’s Actually a 23-Year-Old Man.

  04-04-2019 22:58 via news.yahoo.com
  Photo Illustration The Daily Beast/ReutersThe person who claimed to be Timmothy Pitzen after he was found wandering in Kentucky is not the Illinois boy who vanished in 2011, but a 23-year-old man, the FBI confirmed through DNA testing on Thursday.The young man, who was found battered and alone in Newport, Kentucky, on Wednesday, told police he was the 6-year-old boy who went missing seven years ago after his mother picked him up at his Aurora, Illinois, elementary school for a road trip. In 2011
  
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• US judge orders talks between Tesla's Musk, securities regulators

  04-04-2019 22:57 via news.yahoo.com
  A federal judge on Thursday gave Tesla chief executive Elon Musk and US securities regulators two weeks to resolve their differences over Musk's prolific social media use.The Securities and Exchange Commission had said Musk should be held in contempt of court for allegedly violating an earlier settlement on tweeting potentially market-sensitive information.Musk told CNBC on the courthouse steps he was "impressed" with the judge and would "most likely" be able to resolve his differences with the
  
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• Under pressure, U.S. Justice Department defends handling of Mueller report

  04-04-2019 22:51 via news.yahoo.com
  The department said Attorney General William Barr must strike confidential information from the nearly 400-page document as reports surfaced in the news media that members of Mueller's team were unhappy with the way Barr had characterized its main conclusions.House of Representatives Judiciary Committee Chairman Jerrold Nadler, already pressing Barr to release the entire unredacted report to Congress, expanded his demands.Nadler, a Democrat, called on Barr to immediately release summaries of the
  
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• Turkey says US distorted meeting, but Pompeo stands by it

  04-04-2019 22:51 via news.yahoo.com
  Turkey on Thursday accused the US State Department of making false claims about rows during a meeting between the top US and Turkish diplomats, but Secretary of State Mike Pompeo said he stood by the account.The NATO allies are at odds over issues including US support for a Syrian Kurdish militia viewed as terrorists by Ankara and Turkey's purchase of a Russian missile system over US objections.Turkish Foreign Minister Mevlut Cavusoglu and US Secretary of State Mike Pompeo held talks on Wednesda
  
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• The Latest: Boeing stock rise despite preliminary report

  04-04-2019 22:49 via news.yahoo.com
  ADDIS ABABA, Ethiopia (AP) — The Latest on the reactions to the preliminary report issued by the Ethiopian government on the March 10 crash of the Ethiopian Airlines Boeing 737 Max 8 jet shortly after takeoff which killed all 157 people on board. (all times local):
  
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• Huge inflows to U.S. high-yield bond, investment-grade debt funds

  04-04-2019 22:49
  Investors' appetite for risk-taking was strong in the latest week, as U.S.-based high-yield junk bond funds attracted more than $2 billion in the week ended Wednesday, marking the group's fourth...
  
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• Timmothy Pitzen case: Boy found in Kentucky is not Pitzen, FBI says

  04-04-2019 22:47 via news.yahoo.com
  Authorities have determined that a boy found in Kentucky is not Timmothy Pitzen, a child from Aurora who went missing nearly eight years ago.
  
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• The Latest: Ghosn predicted arrest in French TV interview

  04-04-2019 22:46 via news.yahoo.com
  TOKYO (AP) — The Latest on the criminal case against Nissan's former chairman, Carlos Ghosn (all times local):
  
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• US remains committed to private sector-led 5G wireless: Kudlow

  04-04-2019 22:44 via news.yahoo.com
  A top advisor to President Donald Trump said Thursday the United States is committed to private sector deployment of 5G wireless networks, brushing aside the notion of a nationalized system.Larry Kudlow, the top White House economic advisor, sought to quell speculation that Washington would seek to nationalize ultrafast fifth-generation networks for national security reasons in view of the dominant position of Chinese firms like Huawei, which has been banned from US government contracts."I want
  
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• A New Strongman Marches on the Libyan Capital

  04-04-2019 22:42 via news.yahoo.com
  Abdullah Doma/GettyROME–The orders in Libya are clear: “Don’t shoot civilians if they are waving a white flag.” But what’s not clear is whether Libyan strongman Khalifa Haftar’s rogue Libyan National Army will listen as it advances toward Tripoli, guns blazing. The militia army, which is known to have some ISIS fighters in its ranks, has taken the town of Gharyan, about 50 miles from Tripoli, and is moving west toward the Libyan capital.“We hear your cal
  
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• Grassley Blasts Democrats for Finding 'Pretext' to Get Trump

  04-04-2019 22:32 via news.yahoo.com
  (Bloomberg) -- Senate Finance Committee Chairman Chuck Grassley blasted House Ways and Means Chairman Richard Neal for demanding that the IRS turn over President Donald Trump’s tax returns.
  
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• NATO plans for Russian 'aggression' on 70th anniversary

  04-04-2019 22:31 via news.yahoo.com
  NATO said Thursday it was taking new action to counter Russia's "aggression," finding a united message amid other differences within the Western alliance on its 70th anniversary.NATO Secretary General Jens Stoltenberg said the alliance approved new surveillance measures and naval exercises in the Black Sea to back Ukraine and Georgia, aspiring members of NATO that are facing Russian-backed separatist forces.Stoltenberg urged Russia to return three Ukrainian navy vessels and its sailors which it
  
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• Congress to sue to block Trump border wall funding action: Pelosi

  04-04-2019 22:30 via news.yahoo.com
  The U.S. House of Representatives will sue to block President Donald Trump's transfer of money to pay for a border wall along the border with Mexico, House Speaker Nancy Pelosi said on Thursday.The Republican president in February declared a national emergency at the border to secure the money that Congress refused to give him for the wall."The President's action clearly violates the Appropriations Clause by stealing from appropriated funds, an action that was not authorized by constitutional or
  
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• Woman fired after berating man with pro-Trump hat at Starbucks

  04-04-2019 22:14 via news.yahoo.com
  Victor, a 74-year-old man from Palo Alto, California, said a woman began screaming and calling him a racist after she spotted him wearing a 'Make America Great Again' hat outside a Starbucks. Victor, who is Jewish, also said the woman called him a Nazi. The woman was later fired from her job at a guitar sales and repair shop, after the store owner was made aware of the altercation.
  
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• Timmothy Pitzen vanished in 2011. His mom wrote a note that said 'you will never find him'

  04-04-2019 22:13 via news.yahoo.com
  “You will never find him.” That was the startling claim in a suicide note discovered in a hotel room in Rockford, Illinois in 2011.
  
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• DC, but make it glam: Queer Eye's fab five meet AOC in Washington

  04-04-2019 22:11 via news.yahoo.com
  The cast met with Alexandria Ocasio-Cortez and Nancy Pelosi on a trip to Washington to advocate for the Equality ActCongresswoman Alexandria Ocasio-Cortez met with the cast of Queer Eye in Washington DC on Thursday. Photograph: Yuri Gripas/ReutersConsidering her self-confessed “completely depraved lifestyle”, New York congresswoman Alexandria Ocasio-Cortez could probably use a visit from the style experts of Netflix’s hit show Queer Eye.But on Thursday, four of the show’s
  
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• Brexiteer Lords try to thwart law forcing May to request EU exit delay

  04-04-2019 22:11 via news.yahoo.com
  May has already committed to seek a short extension to Britain's European Union membership and work with the opposition Labour Party to come up with a different exit plan, in a last-ditch attempt to keep control after her own Brexit deal was rejected three times by the lower House of parliament.The process of passing the bill through the Lords got off to a rocky start on Thursday when some members of the debating chamber - also known as peers - launched a series of attempts to delay or even halt
  
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• Trump rails over Mueller cover-up reports, as Republican senator brands him 'idiotic' over windmill cancer comments

  04-04-2019 22:08 via news.yahoo.com
  Investigators working for FBI special counsel Robert Mueller say attorney general William Barr has misrepresented just how damaging their report really is to Donald Trump, according to reports.Mr Barr’s four-page letter to Congress summarising its contents last month stated Mr Mueller had reached a “no collusion” conclusion regarding the president’s relationship with Russia, but stopped short of exonerating him on obstruction of justice charges.In response to that limitd
  
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• How a Russian S-400 Could Shoot Down an F-35 (Thanks to Turkey)

  04-04-2019 22:00 via news.yahoo.com
  Russian and American technology don't mix.
  
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• MacKenzie Bezos now world's third-richest woman after finalising divorce with Amazon CEO Jeff Bezos

  04-04-2019 21:49 via news.yahoo.com
  MacKenzie Bezos is set to become the third-richest woman in the world after finalising her divorce from Amazon CEO Jeff Bezos. The couple released individual statements regarding the terms of their divorce on Twitter, with Ms Bezos announcing in her first-ever tweet that she would be giving her ex-husband 75 per cent of the company’s stock.Expressing her gratitude for the amicable split and for those who sent well-wishes, Ms Bezos​ said that she was looking forward to the “next
  
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• Mike Pompeo appeals for unity to confront Russia, China and Iran on Nato's 70th anniversary

  04-04-2019 21:45 via news.yahoo.com
  Mike Pompeo, the US secretary of state, has appealed for unity to confront "great power" challenges from Russia, China and Iran on the 70th anniversary of Nato. "We have rightly sought peace through strength here in Nato. We must continue to do so, especially in this new era of great power competition from Russia, from China, and the Islamic Republic of Iran," he told a meeting of the alliance’s foreign ministers. The ministers approved a new raft of measures in the Black Sea to counter Ru
  
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• California Man Doesn’t Want Neighbors to Know He Lent Paul Manafort $1 Million

  04-04-2019 21:43 via news.yahoo.com
  The lender is “a U.S. citizen residing in Southern California, where President Trump is highly unpopular,” according to the filing on Thursday in response to a request by Special Counsel Robert Mueller’s prosecutors.“It is well known that friendships and other relationships have shattered over political views in our current ‘tribal’ society,” and so the man doesn’t want his name made public, Woodlawn’s lawyer, David Smith, wrote.
  
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• Putin says body of missing Israeli soldier found by Russian army

  04-04-2019 21:32 via news.yahoo.com
  The body of an Israeli soldier missing since the 1982 Lebanon War was found by the Russian and Syrian armies and returned, President Vladimir Putin said Thursday.Sergeant First Class Zachary Baumel had been listed as missing along with two other Israeli soldiers after a deadly battle with Syrian forces in a Lebanese village.Russia said it handed over the remains to Israeli Prime Minister Benjamin Netanyahu, who is visiting Putin five days before he is to seek a fifth term in office in a difficul
  
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• Galaxy S10 5G tipped to launch on Verizon as early as next month

  04-04-2019 21:24 via news.yahoo.com
  Samsung's first 5G phone will launch in Korea on Friday, with prices starting at around $1,231 for the 256GB version, but you won't have to wait too long to get one in the US, as the Verizon version is rumored to launch in mid-May. Verizon has already launched the 5G Moto Mod for the Moto Z3, which is a new accessory for the 2018 phone that creates a massive handset that can connect to 5G networks -- assuming there's enough coverage, of course.Reliable leaker Evan Blass posted on Twitter the act
  
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• Britain's May ever more isolated in Brexit endgame

  04-04-2019 21:19 via news.yahoo.com
  Prime Minister Theresa May's cuts an increasingly lonely figure after her decision this week to turn to opposition leader Jeremy Corbyn to break the Brexit deadlock sparked a torrent of criticism from Conservatives.Britain is set to crash out of the European Union at the end of next week if it has not passed May's withdrawal agreement or found a viable alternative plan.The outreach to veteran leftist Corbyn, a reviled figure among British Conservatives and right-wingers who label him a Marxist,
  
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• 12-year-old girl dies after 2 sisters struck by big rig while walking to school east of Exposition Park

  04-04-2019 21:17 via news.yahoo.com
  A 12-year-old girl died after she and her sister were struck by a big rig while walking to school east of Exposition Park Thursday morning, police said.
  
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• Southwest blasted for poor Max 8 customer service: 'They're kind of just saying, 'Too bad''

  04-04-2019 21:16 via news.yahoo.com
  The airline is facing unprecedented criticism for its handling of passenger rebooking after the Max 8 grounding caused 2,800+ flight cancellations.
  
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• Barr Looks Like He’s Trying to Protect Trump, Not Get Out the Mueller Report

  04-04-2019 21:11 via news.yahoo.com
  Yuri Gripas/ReutersAttorney General Bill Barr's handling of the Mueller report has confirmed the worst suspicions of his critics, and is doing further damage the reputation of the Department of Justice. When Barr was nominated to be attorney general, many argued that he should not be confirmed or only confirmed if he agreed to recuse himself from overseeing the special counsel’s investigation into Russia’s attack on the 2016 election, as well as possible obstruction of justice by Pre
  
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• Trump mocks Biden's statement on 'personal space' with doctored video

  04-04-2019 21:06 via news.yahoo.com
  President Trump shared a crude video on Twitter mocking former Vice President Joe Biden’s statement acknowledging allegations from multiple women of inappropriate behavior.
  
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• BB&T, Wells Fargo Get Failing Grades From Gun-Control Group

  04-04-2019 20:59 via news.yahoo.com
  JPMorgan Chase & Co. also received an F, for providing $273 million in financing and failing to ban gun-company investments, while Goldman Sachs Group Inc. and Bank of America Corp. received C grades.Citigroup Inc. got a B, the highest grade among the banks scored.Key InsightsThe scorecard comes as corporate America faces pressure to take stands on controversial political issues.
  
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• Sens. Grassley, Graham warned Attorney General Barr of potential political influence, misconduct in Russia probe

  04-04-2019 20:55 via news.yahoo.com
  Fox News understands the Republican senators wanted Barr to have the information before he reviewed the Mueller findings after congressional investigators allege special counsel prosecutors used selective quotes in court filings to create the most 'nefarious' interpretation; chief intelligence correspondent Catherine Herridge reports from Washington.
  
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