Finance news

• Trump picks ex-Boeing executive Shanahan as defense secretary

  09-05-2019 23:51 via news.yahoo.com
  Shanahan had been under investigation by the Pentagon inspector general for allegedly seeking preferential treatment of Boeing while at the Defense Department but he was cleared of wrongdoing in April."Based upon his outstanding service to the country and his demonstrated ability to lead, President Trump intends to nominate Patrick M. Shanahan to be the secretary of defense," White House spokeswoman Sarah Sanders said in a statement.Early tests for Shanahan will include handling growing tensions
  
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• McConnell capitalizes on attack with 'Cocaine Mitch' shirts

  09-05-2019 23:46 via news.yahoo.com
  FRANKFORT, Ky. (AP) — Senate Majority Leader Mitch McConnell is capitalizing on a fellow Republican's attack by selling "Cocaine Mitch" shirts on his campaign's website.
  
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• Global stock markets fall as trade tensions fester

  09-05-2019 23:34 via news.yahoo.com
  World stock markets fell again on Thursday as Washington and Beijing worked to avert the collapse of negotiations to end their trade war.
  
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• Constitutional 'crisis'? Democrats and the media parrot talking points on subpoena fight

  09-05-2019 23:32 via news.yahoo.com
  President Trump's critics are in meltdown mode after the House Judiciary Committee vote to hold Attorney General William Barr in contempt; reaction and analysis on 'The Five.'
  
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• North Korea leader Kim Jong Un oversaw Thursday's strike drill: KCNA

  09-05-2019 23:27 via news.yahoo.com
  North Korean leader Kim Jong Un oversaw the North Korean army's strike drill at the country's western and "forefront" regions carried out on Thursday, state media KCNA said on Friday.North Korea fired what appeared to be two short-range missiles in its second such test in less than a week.KCNA did not specify what was fired.
  
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• Trump urges Iran to talk over nuclear program, cannot rule out military action

  09-05-2019 23:16 via news.yahoo.com
  At an impromptu news conference at the White House, Trump declined to say what prompted him to deploy the USS Abraham Lincoln carrier group to the region over what was described as unspecified threats."We have information that you don't want to know about," said Trump."They were very threatening and we have to have great security for this country and many other places."Trump was asked whether there was a risk of military confrontation with the American military presence in the area.
  
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• We love Brandi Carlile's 'The Mother,' a spot-on mom life video just before Mother's Day

  09-05-2019 23:10 via news.yahoo.com
  The video shows moms doing the hum-drum feeding, bathing and putting kids to bed. But the melody and Carlile's voice make them seem like mini miracles.
  
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• Even a Facebook co-founder thinks Mark Zuckerberg has way too much power

  09-05-2019 23:06 via news.yahoo.com
  Chris Hughes hasn't seen Facebook CEO Mark Zuckerberg in-person since the summer of 2017, when Hughes, a fellow Facebook co-founder, hung out with Zuck at the latter's Menlo Park home.For an hour or two, they talked about politics, Facebook and family. And when it got too late, Hughes bid Zuckerberg farewell and hugged his wife Priscilla goodbye.Not only has he not seen the chief executive of the big, beleaguered social network since then. But Facebook's corporate reputation has tanked to an all
  
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• Chevron bows out of battle over Anadarko Petroleum

  09-05-2019 23:05 via news.yahoo.com
  Chevron said Thursday it will not raise its bid for Anadarko Petroleum, ending a battle for choice US shale assets and clearing the way for an offer by Occidental Petroleum that is backed by billionaire investor Warren Buffett.Chevron Chief Executive Michael Wirth, who had touted the deal with Anadarko last month, said it was now walking away because it did not want to overpay.The announcement came three days after Anadarko characterized Occidental's bid as "superior" to Chevron's, putting the o
  
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• Should Attorney General William Barr be impeached?

  09-05-2019 23:03 via news.yahoo.com
  Attorney General William Barr's apparent loyalty to the president, some argue, is counter to the intended role of the attorney general and should be disqualifying. Several prominent Democrats have called on Barr to resign. If he refuses, their only other option to remove him is impeachment.
  
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• Judge Napolitano: Barr’s ‘Foolish Attempt’ to Sanitize Mueller Report Was ‘Dumb and Insulting’

  09-05-2019 22:59 via news.yahoo.com
  In a FoxNews.com op-ed and subsequent video essay on the network’s streaming service Fox Nation, senior judicial analyst Judge Andrew Napolitano shredded Attorney General William Barr for his “misleading” and “disingenuous” attempt to spin the conclusions of the Mueller report, adding that the attorney general was “deceptive” during his congressional testimony.With the House Judiciary Committee voting Wednesday to recommend the House hold Barr in contemp
  
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• Deputy Attorney General Rosenstein says farewell; Senate set to confirm his replacement

  09-05-2019 22:53 via news.yahoo.com
  In an emotional farewell ceremony, Deputy Attorney GeneralRosenstein defended the Justice Department's mission at a time when its employees face increasing criticism President Donald Trump, as well as from Democrats and Republicans."If kindness and humility are in short supply outside the halls of justice, that's all the more reason to set a good example," Rosenstein said at a ceremony that included tributes from Attorney General William Barr and former Attorney General Jeff Sessions.Rosenstein
  
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• This is the group digging up videos of GOP shifts on contempt of Congress debate

  09-05-2019 22:50 via news.yahoo.com
  This activist group resurfaced videos of Lindsey Graham and Marco Rubio talking about contempt of Congress — something in stark contrast with their current positions
  
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• Prince Harry says fatherhood has given him 'new focus and goal in life' as he speaks of loss of his mother

  09-05-2019 22:44 via news.yahoo.com
  The Duke of Sussex has spoken of how his three-day-old son Archie has “given him a new focus and goal”, teaching him the "miracle" of new life after the challenges he faced following the loss of his mother. The Duke, who was in The Hague for the launch of the one year countdown to the Invictus Games, told of his pleasure in knowing his baby had made "a lot of people happy", saying he was still "very quiet" at just a few days old. Having left Archie at home in Windsor with the Duchess
  
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• Trump finally taps Shanahan for Pentagon chief

  09-05-2019 22:41 via news.yahoo.com
  More than 100 days since Patrick Shanahan assumed the role of acting secretary of defense, the White House announced today that President Trump will nominate the former Boeing executive to permanently fill the position.
  
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• President Donald Trump chooses Patrick Shanahan as next defense secretary

  09-05-2019 22:39 via news.yahoo.com
  President Trump has picked Patrick Shanahan to lead the Pentagon. Shanahan follows Jim Mattis who resigned over differences with Trump.
  
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• Americans' support for impeaching Trump rises: Reuters/Ipsos poll

  09-05-2019 22:39 via news.yahoo.com
  The number of Americans who said President Donald Trump should be impeached rose 5 percentage points to 45 percent since mid-April, while more than half said multiple congressional probes of Trump interfered with important government business, according to a Reuters/Ipsos poll released on Thursday.The opinion poll, conducted on Monday, did not make clear whether investigation-fatigued Americans wanted House of Representatives Democrats to pull back on their probes or press forward aggressively a
  
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• Uber drivers go on strike in London and U.S. ahead of IPO, early protests sparse

  09-05-2019 22:24 via news.yahoo.com
  Protests were sparsely attended in London, New York and California, and rides appeared easily available in some cities where strikes were called.Drivers and regulators around the world have long criticized the business tactics of Uber Technologies Inc .The Uber app indicated fares were higher in London during a rainy morning rush hour due to increased demand.
  
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• 1965 Chevrolet Corvette Has Survived Unscathed

  09-05-2019 22:19 via news.yahoo.com
  It has been tastefully preserved for future generations to enjoy.Classic ‘Vettes are great, but it’s becoming increasingly difficult to find any that haven’t been adulterated with different modifications.This beautiful machine, America’s sports car, is being offered a lucky future owner by Savannah Classic Cars.
  
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• Nike says you might be wearing the wrong size shoe, so it created an AR tool to help

  09-05-2019 22:03 via news.yahoo.com
  Nike announced a new feature coming to its iOS app this summer called Nike Fit. Using AR, you can scan your feet to find the right shoe size.
  
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• Scaramucci celebrates hedge funds in Vegas at SALT with less glitz

  09-05-2019 21:56
  After a one-year pause, the hedge fund industry schmooze fest organized by Anthony Scaramucci, the investment manager who briefly served as President Donald Trump's communications director, returned...
  
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• Best Gas Grills to Buy at Lowe's

  09-05-2019 21:55 via news.yahoo.com
  Walk into any home improvement center and you’ll see an armada of grills—a sure sign of spring. Home Depot and Lowe’s alone account for more than 50 percent of gas grills sold in the U.S. Consume...
  
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• Best Gas Grills to Buy at Walmart

  09-05-2019 21:50 via news.yahoo.com
  You can find some terrific gas grills at your local hardware store and a dizzying array of options at home centers like Home Depot and Lowe’s. Then there’s Walmart and other discount stores, whic...
  
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• The Latest: Pope makes reporting child sex crimes mandatory

  09-05-2019 21:41 via news.yahoo.com
  VATICAN CITY (AP) — The Latest on new church laws regarding sex abuse reporting issued Thursday by Pope Francis (all times local):
  
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• Trump: White House considering asserting executive privilege to hinder congressional probes

  09-05-2019 21:34 via news.yahoo.com
  In Washington Post interview, Trump said Democratic-led investigations are unnecessary given results of special counsel Robert Mueller's report.
  
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• T-Mobile is the exclusive carrier of the OnePlus 7 Pro in the US

  09-05-2019 21:34 via news.yahoo.com
  Now that the Pixel 3a announcement has come and gone, OnePlus is next up to the plate with a phone reveal. But before the Chinese company takes the stage next week in New York City to formally unveil the OnePlus 7 series, T-Mobile has jumped the gun with an announcement of its own. According to a press release on Thursday, the OnePlus 7 Pro will be exclusive to T-Mobile in the United States. Launch events will be held in NYC on May 14th, with general availability set to follow at T-Mobile stores
  
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• Students walk out of Colorado school shooting vigil, saying their trauma was being politicized

  09-05-2019 21:23 via news.yahoo.com
  Students at a vigil honoring Colorado high school shooting victim Kendrick Castillo chanted "mental health" when speakers discussed gun control.
  
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• Against the Persecution of Bill Barr

  09-05-2019 21:10 via news.yahoo.com
  The Democratic party’s current war on Attorney General William Barr is one of the most misguided, misplaced bursts of outrage that I’ve seen during the first term of the Trump administration. Barr protected the Mueller investigation, he went above and beyond legal requirements to release Mueller’s report to the public, and he has offered to congressional leaders far more details about the investigation than are publicly available. Yet now he’s subject to congressional con
  
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• Facebook cofounder calls for company to break up over 'unprecedented' power

  09-05-2019 21:07 via news.yahoo.com
  Chris Hughes wrote in the New York Times Facebook’s acquisition of rival platforms has given Zuckerberg ‘un-American’ control‘The most problematic aspect of Facebook’s power is Mark’s unilateral control over speech,’ Chris Hughes wrote. Photograph: Niall Carson/PAA cofounder of Facebook has called for the government to break up the company, warning that Mark Zuckerberg’s power is “unprecedented and un-American”.Chris Hughes, who helped
  
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• Midwest floods, local rains swell lower Mississippi River

  09-05-2019 21:01 via news.yahoo.com
  NEW ORLEANS (AP) — The Army Corps of Engineers' New Orleans office is asking to open a historic flood control structure above New Orleans for an unprecedented second time in one year.
  
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• STEM School was urged to investigate concerns over 'a repeat of Columbine' months before shooting

  09-05-2019 20:53 via news.yahoo.com
  A woman claiming to be a parent of a STEM School student warned school district administrators in December about her fears of a 'a repeat of Columbine.'
  
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• Trump calls for prosecuting John Kerry for talking to Iran

  09-05-2019 20:48 via news.yahoo.com
  He's talking to Iran and...has many meetings and many phone calls and he's telling them what to do.
  
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• North Korea Holds GI Corpses Hostage, Tests Missiles, Keeps Nukes: The Trump-Kim Romance Is So, So Over

  09-05-2019 20:47 via news.yahoo.com
  Photo Illustration by The Daily Beast / Photos GettyKim Jong Un is holding the corpses of American soldiers hostage–again. One of many signs the supposed romance between the North Korean leader and U.S. President Donald Trump is very much over.After the first summit between Trump and the North Korean Leader in Singapore last year, among the accomplishments touted by Trump as major was the return of the remains of GIs killed in the Korean War, which ended in 1953. But since the complete fai
  
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• The Range Rover Astronaut Edition Is Only for Virgin Galactic's Commercial Astronauts

  09-05-2019 20:43 via news.yahoo.com
  If you're one of the 700 people that dropped $250,000 on a ticket, you can buy this SUV.
  
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• Abortion bill delayed as Alabama Senate falls into chaos

  09-05-2019 20:38 via news.yahoo.com
  The lieutenant governor agreed to remove amendments creating exceptions for rape and incest, leading to anger and arguments on the Senate floor.
  
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• Europe rejects Iran 'ultimatum' on nuclear deal, urging caution

  09-05-2019 20:36 via news.yahoo.com
  European powers rejected Iran’s “ultimatum” on the nuclear deal yesterday, urging the regime to stick to the terms of the 2015 agreement despite America’s withdrawal.  The European Union along with Britain, France and Germany – all signatories to the deal – released a statement pushing back on Iran’s warning it could start enriching uranium again in 60 days.  “We strongly urge Iran to continue to implement its commitments”, the stat
  
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• Trump says Senate subpoena of Donald Jr. left him 'very surprised'

  09-05-2019 20:22 via news.yahoo.com
  President Trump on Thursday said he was “very surprised” that the Republican-led Senate Intelligence Committee issued a subpoena for Donald Trump Jr. to answer more questions about his contacts with Russia.
  
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• 'We need to know why': Lawmakers wary as Trump aides weigh military options for Venezuela

  09-05-2019 20:12 via news.yahoo.com
  Trump administration plans range of U.S. military options in Venezuela after the country’s U.S.-backed opposition leader failed to oust the president.
  
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• US is in 'constitutional crisis,' House speaker says

  09-05-2019 20:09 via news.yahoo.com
  House Speaker Nancy Pelosi said Thursday the US is in a "constitutional crisis" triggered by President Donald Trump's refusal to comply with congressional inquiries into his actions, mainly in connection with the Russian election interference probe."Trump and his Administration's decision to ignore the oath of office has triggered a constitutional crisis," Pelosi, the country's most powerful Democratic politician, said on Twitter.Trump and the Democratic-controlled House of Representatives have
  
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• Donald Trump Jr. seen resisting Senate committee subpoena: sources

  09-05-2019 20:07 via news.yahoo.com
  The sources said Trump Jr is expected to cite his Fifth Amendment constitutional right to avoid self-incrimination, a day after reports that the Republican-led panel had issued what is the first publicly known subpoena for a member of the president's family.Trump, who has blasted the investigations into him and Russia, defended his son, who runs the Trump Organization - a private business that the Republican president still owns."I was very surprised," Trump said at a White House event intended
  
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• North Korea launches second projectile in less than a week

  09-05-2019 19:56 via news.yahoo.com
  For the second time in less than a week, North Korea launches suspected short-range missiles, according to South Korea's military.
  
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• Don't send a 'bishop to the crime scene': Church sex abuse survivors blast Pope Francis' new law on reporting

  09-05-2019 19:56 via news.yahoo.com
  Pope Francis issued a groundbreaking law on reporting of clergy sex abuse. Survivors say the church still doesn't get it.
  
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• Trump Says China Trade Deal Is Possible as Tariff Hike Nears

  09-05-2019 19:55 via news.yahoo.com
  Trump, speaking at an event in Washington, said he may hold a phone call with his Chinese counterpart Xi Jinping, who sent him a letter about working closely together to ease trade tensions.The president spoke as China’s top trade envoy Liu He was due to land in Washington for two days of trade talks, starting at 5 p.m. on Thursday.
  
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• Arabs in Israel mourn birth of Jewish state

  09-05-2019 19:52 via news.yahoo.com
  Thousands of Arabs rallied in Israel on Thursday to mark the 1948 Nakba, or "catastrophe", which left hundreds of thousands of Palestinians displaced by the war accompanying the birth of the Jewish state.As Israeli Jews celebrated Independence Day, Israeli Arabs and Palestinians from annexed east Jerusalem protested at the site of a Palestinian village that was demolished in the war.Under the slogan "Your Independence Day is our Nakba", demonstrators gathered near the northern Israeli Arab town
  
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• Pope changes Church law to make reporting sex abuse obligatory

  09-05-2019 19:49 via news.yahoo.com
  Pope Francis on Thursday passed a landmark new measure to oblige those who know about sex abuse in the Catholic Church to report it to their superiors, in a move which could bring countless new cases to light.Every diocese in the world will now be obliged to have a system for the reporting of abuse, under a new law published by the Vatican following a global clerical paedophilia scandal.It is time to learn from the "bitter lessons of the past", Francis said in the text of the legal decree, which
  
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• Explainer: What would it take for U.S. regulators to break up Facebook?

  09-05-2019 19:41 via news.yahoo.com
  Facebook Inc co-founder and Mark Zuckerberg's former college roommate Chris Hughes urged U.S. regulators to break up the social media company in a New York Times opinion piece on Thursday.It is rare to break up a company but not unheard of, with Standard Oil and AT&T being the two biggest examples.Hughes' call to split Facebook from WhatsApp and Instagram followed a March pledge by U.S. Senator Elizabeth Warren, who is running for the Democratic presidential nomination for the 2020 election,
  
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• Trump got the crisis he wanted in Iran. Now what?

  09-05-2019 19:39 via news.yahoo.com
  With both sides reacting to each other with provocations and rhetorical bluster, foreign-policy experts are concerned the situation is one miscalculation from spinning out of control.
  
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• Iran FM demands EU 'uphold obligations' in nuclear deal

  09-05-2019 19:38 via news.yahoo.com
  Iranian Foreign Minister Mohammad Javad Zarif on Thursday blamed the EU for the decline of Tehran's nuclear accord with world powers and insisted the bloc "should uphold" its obligations under the pact."EU statement today is why JCPOA is where it is: the US has bullied Europe—and rest of world—for a year and EU can only express 'regret'," Zarif tweeted in response to the European Union rejecting Tehran's threat to resume nuclear work.
  
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• Prankster poses as Walmart manager and fires employees

  09-05-2019 19:31 via news.yahoo.com
  "YOU'RE FIRED": A Richmond Walmart employee was brought to tears after a prankster posed as an executive and fired her.
  
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• The Latest: Trump says threats led to carrier deployment

  09-05-2019 19:27 via news.yahoo.com
  BRUSSELS (AP) — The Latest on the crisis surrounding Iran's decision to step away from the embattled nuclear deal with world powers (all times local):
  
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