Finance news

• R. Kelly loses civil suit alleging underage sex abuse after failing to show up in court

  24-04-2019 23:59 via news.yahoo.com
  A Cook County judge has entered a default judgment for a woman who sued R. Kelly in February, accusing the singer of sexually abusing her when she was a minor 20 years ago.
  
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• Body of missing Illinois boy found in shallow grave, parents arrested

  24-04-2019 23:54 via news.yahoo.com
  The remains of Andrew "AJ" Freund, wrapped in plastic, were found in a community near his home town of Crystal Lake, based on information provided to investigators by his mother and father, Crystal Lake Deputy Police Chief Tom Kotlowski said in a statement."To AJ's family, it is our hope that you may have some solace in knowing that AJ is no longer suffering and his killers have been brought to justice," Kotlowski said in the statement."To AJ, we know you are at peace playing in heaven's playgro
  
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• Spurned by Washington, North Korea's Kim seeks a friend in Putin

  24-04-2019 23:51 via news.yahoo.com
  The two men will sit down together on an island off the Russian Pacific city of Vladivostok two months after Kim's summit with U.S. President Donald Trump ended in disagreement, cooling hopes of a breakthrough in the decades-old nuclear row.The summit in Vladivostok - the first ever between Putin and Kim - provides Pyongyang with an opportunity to seek support from a new quarter, Russia, and possible relief from the sanctions hurting its economy.In an interview with Russian state television as h
  
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• At a women of color forum, Beto O'Rourke criticizes Obama on deportations

  24-04-2019 23:42 via news.yahoo.com
  The former House member from Texas also said Trump administration officials could face punishment over their handling of migrants seeking asylum.
  
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• 13-year-old girl dies after being jumped by classmates in Texas

  24-04-2019 23:35 via news.yahoo.com
  A 13-year-old Texas girl has died after slipping into a coma following a fight with two teens who jumped her as she walked home from school - including one assailant who kicked her in the head, the girl's mother said.
  
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• Twitter not amused by long wait for Tesla earnings

  24-04-2019 23:13 via news.yahoo.com
  SAN FRANCISCO (Reuters) - Twitter was ablaze on Wednesday with humorous commentary and speculation over why Tesla Inc's first-quarter earnings release was so late. As of 5:05 p.m. ET (2105 GMT), one hour after the market close, the results still had not been released.
  
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• AJ Freund: Parents of a missing 5-year-old boy charged with his murder

  24-04-2019 23:09 via news.yahoo.com
  Parents of a missing five-year-old boy have been charged with his murder.Andrew Freund reported his son AJ missing on Thursday morning from their home in Crystal Lake, Illinois, prompting a near week-long investigation by the police and the FBI.On Wednesday, police announced that Freund and AJ’s mother Joann Cunningham have been charged with AJ's murder.They are both facing five counts of first degree murder, as well as aggravated battery, aggravated domestic battery, concealment of a homi
  
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• Sunnyvale Car Crash: Man accused of driving into 8 pedestrians ID'd; FBI to assist police in determining motive

  24-04-2019 23:04 via news.yahoo.com
  A man accused of driving into eight pedestrians in Sunnyvale has been identified.
  
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• NASA's Insight lander detects first "marsquake"

  24-04-2019 23:00 via news.yahoo.com
  For the first time, NASA has confirmed the first "marsquake" detected by the Insight lander on the Red Planet on April 6.Marsquakes differ from earthquakes back home, let's find out how
  
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• Police: Sketch of suspect in 2 girls' killings more accurate

  24-04-2019 22:58 via news.yahoo.com
  DELPHI, Ind. (AP) — A newly released sketch of a man suspected of killing two Indiana teenagers in 2017 "more accurately represents" the man believed to be their killer than a sketch released months after the girls were slain, state police said Wednesday.
  
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• Three-year-old boy 'abandoned' at US-Mexico border: agency

  24-04-2019 22:57 via news.yahoo.com
  US border patrol agents found a crying three-year-old boy in a Texas cornfield on Tuesday with his name and a phone number written on his shoes, the US Customs and Border Protection (CBP) agency said Wednesday.The boy was "abandoned" by a group of suspected illegal immigrants who had crossed into the United States from Mexico near Brownsville, Texas, the CBP said."As agents attempted to intercept the group, the suspected illegal aliens scattered in the overgrown field," the CBP said in a stateme
  
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• The Latest: Kim upbeat on eve of 1st summit with Putin

  24-04-2019 22:56 via news.yahoo.com
  VLADIVOSTOK, Russia (AP) — The Latest on the summit between Vladimir Putin and Kim Jong Un (all times local):
  
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• 'We're fighting all the subpoenas.' Congress and Trump prepare to battle over wide-ranging probes

  24-04-2019 22:55 via news.yahoo.com
  The House Democrats have opened wide-ranging inquiries into President Trump's conduct. The White House signaled it will fight on almost everything.
  
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• Facebook profit slumps on set-aside for big US fine

  24-04-2019 22:51 via news.yahoo.com
  Facebook on Wednesday reported quarterly profit sank 51 percent from a year earlier due to setting aside $3 billion for an anticipated fine from US regulators.The leading social network logged a profit of $2.4 billion on revenue that climbed 26 percent to $15.1 billion in the first three months of this year.The number of monthly active users of Facebook at the end of March was 2.38 billion, up eight percent from a year ago.
  
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• Deutsche Bank handing over Trump loan documents: source

  24-04-2019 22:44 via news.yahoo.com
  Deutsche Bank has begun to provide documents on financing for some of President Donald Trump's projects to New York State authorities, a source familiar with the matter told AFP on Wednesday.In mid-March, New York Attorney General Letitia James subpoenaed the German bank, demanding records related to loans and lines of credit granted to the Trump Organization.The money was intended to finance projects such as Trump hotels in Washington, DC, Miami and Chicago, another source told AFP last month o
  
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• Family Members Ordered to Face Trial After Teen Found Starving in Barn

  24-04-2019 22:42 via news.yahoo.com
  Two suspects charged after a teenage boy was found starving on a property near Meeker, Oklahoma were bound over for trial on charges of child neglect, but not child abuse.
  
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• Explainer: Congress no longer runs a jail, so just how powerful are its subpoenas?

  24-04-2019 22:40 via news.yahoo.com
  "We're fighting all the subpoenas," Trump told reporters at the White House on Wednesday.In another display of his disregard for Washington norms, Trump is defying subpoenas issued by Democrats in the House of Representatives, who have launched numerous investigations of him, his businesses, family and administration.Here is how the congressional subpoena, contempt and enforcement process works.
  
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• Iran FM proposes swap for jailed British national

  24-04-2019 22:23 via news.yahoo.com
  Iran's foreign minister on Wednesday proposed a prisoner swap for a British-Iranian mother detained in Tehran, saying the United States should drop charges against an Iranian woman it is seeking in Australia.Britain has been trying unsuccessfully to free Nazanin Zaghari-Ratcliffe, a dual national who worked for the Thomson Reuters Foundation and was arrested in 2016.Foreign Minister Mohammad Javad Zarif drew a parallel to Negar Ghodskani, an Iranian woman who was arrested by Australia in 2017 an
  
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• UPDATE 3-Visa profit jumps, lower cross-border volume weighs on shares

  24-04-2019 22:22 via news.yahoo.com
  Visa Inc reported higher expenses and lower spending by people using its cards abroad on Wednesday even as increased overall consumer spending drove quarterly profit 14 percent higher.Shares of the company were trading lower after the bell as investors worried over a slide in cross-border volume growth, which measures the value of transactions made on a Visa card outside a customer's home country.The company and its rival Mastercard had recently come under fire for charging high fees on tourist
  
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• Iran's Zarif warns U.S. of 'consequences' over oil sanctions, offer prisoner swap

  24-04-2019 22:17 via news.yahoo.com
  The United States on Monday demanded buyers of Iranian oil stop purchases by May or face sanctions, ending six months of waivers which allowed Iran's eight biggest buyers, most of them in Asia, to continue importing limited volumes."We believe that Iran will continue to sell its oil.Reinforcing Supreme Leader Ayatollah Ali Khamenei's stance, Zarif warned: "If the United States takes the crazy measure of trying to prevent us from doing that, then it should be prepared for the consequences." He di
  
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• 2020 Democrats confronting debate over letting felons vote

  24-04-2019 22:16 via news.yahoo.com
  Democratic presidential contenders are facing a new debate over whether criminals in prison, even notorious ones like the Boston Marathon bomber, should be able to win back their right to vote.
  
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• The Latest: Missing boy's body was buried in shallow grave

  24-04-2019 22:12 via news.yahoo.com
  CRYSTAL LAKE, Ill. (AP) — The Latest on the search for a missing 5-year-old Illinois boy (all times local):
  
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• House oversight chairman cites 'massive' obstruction by Trump, Barr

  24-04-2019 22:01 via news.yahoo.com
  The Democratic chairman of the House Oversight Committee accused the Trump administration of a "massive, unprecedented, and growing pattern of obstruction" for ordering federal employees not to comply with congressional investigations."Both President Trump and Attorney General Barr are now openly ordering federal employees to ignore congressional subpoenas and simply not show up - without any assertion of a valid legal privilege," U.S. Representative Elijah Cummings said in a statement.The Justi
  
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• High-resolution Pixel 3a leak reveals the design of Google’s next phone

  24-04-2019 21:53 via news.yahoo.com
  Much like the Galaxy S10 and Galaxy Fold before it, Google's Pixel 3a appears to have leaked in full ahead of its unveiling next month. On Wednesday morning, VentureBeat's Evan Blass piled on with a leak of his own -- a high-resolution Pixel 3a render that gives us our clearest look yet at the midrange phone.As previous leaks revealed, the Pixel 3a is a blast from the past, with a design more reminiscent of the phones that came before the iPhone X than the phones that have made their debut over
  
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• Trump threatens more troops to border after Mexico incident

  24-04-2019 21:40 via news.yahoo.com
  WASHINGTON (AP) — President Donald Trump renewed his threat Wednesday to send more troops to the U.S.-Mexico border following an incident in which Mexican soldiers confronted U.S. personnel. Mexico blamed the incident on confusion, and said it was not looking for confrontation with the U.S.
  
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• Three-year-old boy found alone near US border with name and number written on his shoes

  24-04-2019 21:39 via news.yahoo.com
  Border Patrol agents found a three-year-old boy alone in a field in Texas after likely being abandoned by smugglers at the southern border, authorities said. US Customs and Border Protection said that the boy’s name and a phone number were written on his shoes when agents found him on Tuesday morning. The agency said it is trying to reach the boy’s family and that the boy “does not speak well enough to communicate.” The boy was crying and in distress when the agents found
  
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• The Latest: Police clarify suspect sketch in girls' killings

  24-04-2019 21:38 via news.yahoo.com
  DELPHI, Ind. (AP) — The Latest on the investigation into the 2017 killings of two northern Indiana girls (all times local):
  
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• Trump Wants More ‘Armed Soldiers’ on Border After Mexico Mix-Up

  24-04-2019 21:27 via news.yahoo.com
  “Mexico’s Soldiers recently pulled guns on our National Guard Soldiers, probably as a diversionary tactic for drug smugglers on the Border,” he wrote in a Wednesday morning tweet.The April 13 incident actually involved Mexican soldiers briefly confronting U.S. counterparts in Texas, with the Mexican soldiers believing that they were on their own soil, according to accounts from the Pentagon and Mexico’s Foreign Ministry.
  
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• Elizabeth Warren's plan for student loan forgiveness: Don't bank on it

  24-04-2019 21:23 via news.yahoo.com
  Massachusetts Sen. Elizabeth Warren wants to roll out a broad plan to cancel up to $50,000 of college debt for lose making less than $100,000.
  
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• NRA sues Los Angeles over disclosure law for contractors

  24-04-2019 21:21 via news.yahoo.com
  LOS ANGELES (AP) — The National Rifle Association sued Los Angeles on Wednesday over a new law requiring companies that want city contracts to disclose whether they have ties to the gun rights group.
  
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• Migrant caravan on the 'Beast' train to avoid Mexican police raids and make it to U.S. border

  24-04-2019 21:16 via news.yahoo.com
  A long freight train loaded with about 300 to 400 migrants pulled out of the southern city of Ixtepec on Tuesday.
  
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• Jared Kushner: Fifteen Lessons I Learned From Criminal-Justice Reform

  24-04-2019 21:15 via news.yahoo.com
  Jared Kushner writes about his experience championing criminal justice reform
  
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• Missing Crystal Lake boy Andrew Freund: Parents of 5-year-old found dead in Woodstock charged in his murder

  24-04-2019 21:06 via news.yahoo.com
  The body of missing Crystal Lake boy Andrew "AJ" Freund has been found in Woodstock, law enforcement sources tell ABC7.
  
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• Nearly 8,000 alleged child abusers within Boy Scouts of America ID'd by expert

  24-04-2019 21:01 via news.yahoo.com
  An expert hired by the Boy Scouts of America to look into allegations of child sexual abuse within the organization identified 7,819 alleged abusers among its leaders and volunteers dating back to 1944, according to a newly released court document.
  
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• This 1965 Superformance Shelby Cobra Will Break All The Necks

  24-04-2019 20:50 via news.yahoo.com
  This may be a replica, but it’s the only one licensed by Shelby.This 1965 Superformance Shelby Cobra has the sleek, instantly recognizable looks of the original Shelby Cobra, making it a standout in a sea of cool cars.
  
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• Former Texas tennis coach pleads guilty in court in college admissions scandal

  24-04-2019 20:46 via news.yahoo.com
  Michael Center, a former tennis coach at the University of Texas, pleaded guilty to conspiracy charges in the college admissions scandal.
  
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• President Trump Says He Would Fight Impeachment in the Supreme Court. That's Not How It Works

  24-04-2019 20:37 via news.yahoo.com
  Constitutional experts say that President Donald Trump got a fundamental fact about impeachment wrong.
  
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• Trump Digs In for Battle Over Congress's Power to Investigate

  24-04-2019 20:36 via news.yahoo.com
  The battle took clear shape this week as a Justice Department official and a former White House official rebuffed subpoenas tied to the census and security clearances.“I say it’s enough,” Trump told reporters Wednesday as he departed the White House for an event in Atlanta.To wage that fight, the White House is taking a position that challenges almost a century of legal precedent protecting Congress’s broad authority to investigate.
  
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• Boeing says suffering $1 bn hit from 737 MAX crisis

  24-04-2019 20:24 via news.yahoo.com
  Aviation giant Boeing has suffered a $1 billion hit to its bottom line amid the crisis over its 737 MAX aircraft after two deadly crashes that grounded the plane and halted deliveries, the company said Wednesday.Boeing also withdrew its 2019 profit forecast due to continued uncertainty about when the grounded jets will fly again, in its first quarterly earnings report since entering crisis mode.The March 10 crash of an Ethiopian Airlines jet, which along with an October Lion Air crash claimed 34
  
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• Boeing axes 210 orders after India's Jet stops flying

  24-04-2019 20:20 via news.yahoo.com
  Boeing Co removed 210 aircraft from its order backlog and took an impairment charge over customer financing losses on Wednesday following the near-collapse of India's Jet Airways.Under recent changes in accounting rules, Boeing hives off orders that no longer meet its criteria for recognizing revenue into a separate category, while defending contractual claims.Boeing finance director Greg Smith confirmed the adjustment was related to financial problems at Jet Airways, which halted all flight ope
  
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• Sri Lanka shakes up top security posts after deadly bombings

  24-04-2019 20:17 via news.yahoo.com
  COLOMBO, Sri Lanka (AP) — Sri Lanka's president shook up the country's top security establishment after officials failed to act on intelligence reports warning of possible attacks before the Easter bombings that killed over 350 people, his office said Wednesday.
  
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• 'NRA in crisis' ad campaign launched ahead of gun group's annual convention

  24-04-2019 20:16 via news.yahoo.com
  On the eve of the National Rifle Association’s annual convention, Everytown for Gun Safety has unveiled a new ad campaign that argues the organization is “becoming more fringe and more toxic to the Americans it has long claimed to represent.”
  
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• 13-year-old Houston girl dies after fight at middle school

  24-04-2019 20:14 via news.yahoo.com
  A 13-year-old girl who was placed on life support after being attacked bythree other girls has died, according to ABC 13
  
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• Trump Wants Out of Syria. Will His Staff Listen?

  24-04-2019 20:07 via news.yahoo.com
  One of the outstanding features of the Mueller report was its portrait of Donald Trump’s presidency, in which the orders and directives he gives are routinely ignored by his own White House staff and cabinet members. In some instances, his lack of follow-up or his later acceptance of a contrary suggestion may indicate that his previous orders were more like a Nixonian outburst. In many of the cited cases, especially those involving White House counsel Don McGahn, administration officials d
  
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• Trump hopes for Supreme Court's help on impeachment. He should check with Brett Kavanaugh.

  24-04-2019 20:02 via news.yahoo.com
  If President Trump thinks the Supreme Court can rescue him from impeachment, he should check with his latest nominee there, Brett Kavanaugh.
  
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• Agents find 3-year-old migrant boy alone near Texas border

  24-04-2019 20:00 via news.yahoo.com
  MCALLEN, Texas (AP) — U.S. Border Patrol agents found a 3-year-old boy alone in a field in Texas after likely being abandoned by smugglers at the southern border, authorities said.
  
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• Missing Crystal Lake boy Andrew Freund: Body of 5-year-old found in Woodstock, sources say

  24-04-2019 19:50 via news.yahoo.com
  The body of missing Crystal Lake boy Andrew "AJ" Freund has been found in Woodstock, law enforcement sources tell ABC7.
  
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• Trump Escalates Feud with House Democrats, Vowing to Fight ‘All the Subpoenas’

  24-04-2019 19:47 via news.yahoo.com
  President Trump said Wednesday that he plans to fight all subpoenas issued by congressional Democrats in their investigation of his administration, including requests for his financial records and for the full, unredacted Mueller report.“We’re fighting all the subpoenas,” the president told reporters outside the White House before heading to a summit on the opioid crisis in Atlanta. "The subpoena is ridiculous. We have been, I have been the most transparent president
  
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