Finance news

• Boeing Had Big Plans to Build Its Very Own F-35 (And Flopped)

  20-05-2019 23:59 via news.yahoo.com
  The fundamental issue with the Joint Strike Fighter was that is was always an overambitious program to replace multiple specialized types with one aircraft in the hope that it could perform every role equally well. The result is predictably a jack-of-all-trades but master of none.On October 26, 2001, the U.S. Department of Defense announced that Lockheed Martin’s X-35 had won the Joint Strike Fighter contest over Boeing’s X-32.(This first appeared in late 2015.)The win secured Lockhe
  
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• Police arrest suspect who allegedly killed 1 officer, wounded 2 others

  20-05-2019 23:56 via news.yahoo.com
  A man who opened fire on police responding to a domestic disturbance report, killing one officer and wounding two others, was arrested on Monday and charged with capital murder, authorities said. Grady Wayne Wilkes, 29, was being held without bond in the shooting death of Auburn, Ala., Officer William Buechner, who had been with the police division for more than 13 years.
  
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• New York paper suggests Alexandria Ocasio-Cortez should run for mayor

  20-05-2019 23:50 via news.yahoo.com
  Speculation swirls about who should succeed Bill de Blasio as New York City mayor; reaction and analysis on 'The Five.'
  
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• T-Mobile's deal for Sprint gets big boost from FCC commission

  20-05-2019 23:49 via news.yahoo.com
  T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp appeared to win the support of a majority ofthe Federal Communications Commission on Monday, in a significant step toward the deal's approval.FCC Chairman Ajit Pai, a Republican, came out in favour of the combination after the companies offered concessions, including selling Sprint's Boost Mobile prepaid cell service, as did FCC Commissioner Brendan Carr, a Republican.The five-member panel's third Republican, Mike O'Rielly, said he w
  
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• Blown Away: Wild video of first-hand tornado experiences

  20-05-2019 23:47 via news.yahoo.com
  Many people have risked their lives to capture video of tornadoes. Here is a look at some of the most incredible footage captured of tornadoes over the past few years.
  
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• US intelligence chiefs shared classified info with tech execs about doing business with China

  20-05-2019 23:33 via news.yahoo.com
  The trade war with China has reached new heights in the past few weeks, as the Trump administration recently announced that US companies will be banned from buying equipment from certain Chinese companies. Huawei's name wasn't explicitly mentioned, but it was obviously implied that China's biggest tech company is included on the list. Separately, the US government also issued a ban that prevents Huawei from dealing with US tech companies, whether it's for parts procurement or software licenses.
  
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• The Latest: UN rejects Russian attempt to meet on Ukraine

  20-05-2019 23:28 via news.yahoo.com
  KIEV, Ukraine (AP) — The latest on Ukrainian politics (all times local):
  
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• Second opinion on DJI Osmo Action, the GoPro killer

  20-05-2019 23:25 via news.yahoo.com
  A second take on a quick review shows settings that have too many options and can't be read well in bright sunlight. But camera offers many great features.
  
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• Mountain region of Slovakia named best destination in Europe 2019: Lonely Planet

  20-05-2019 23:16 via news.yahoo.com
  A wild, rugged, mountainous region of Slovakia dotted with plunging waterfalls and lakes and hiking trails has been named the top European destination of 2019 by the travel experts at Lonely Planet. 
  
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• GMC Limits the Sierra's New CarbonPro Bed to a Pricey Option Package

  20-05-2019 22:51 via news.yahoo.com
  The carbon-composite bed in the 2019 GMC Sierra will be available on a limited basis this summer and more widely in the 2020 model.
  
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• DOJ Office of Legal Counsel Concludes Congress Can’t Force McGahn to Testify

  20-05-2019 22:51 via news.yahoo.com
  In an opinion released Monday, the Department of Justice's Office of Legal Counsel ruled that former White House counsel Donald McGahn is "not legally required" to testify to Congress on matters related to Special Counsel Robert Mueller's report."The immunity of the President's immediate advisors from compelled congressional testimony on matters related to their official responsibilities has long been recognized and arises from the fundamental workings of the separation of powers," the opin
  
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• GLOBAL MARKETS-Stocks slide as worries about Huawei fallout mount

  20-05-2019 22:37 via news.yahoo.com
  Global equity markets fell on Monday as a U.S. crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, whilethe dollar was steady before fresh insight on the Federal Reserve's interest rates policies this week.China accused the United States of harboring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as the U.S. action last week against Huawei began to hit the global tech sector
  
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• PHOTOS: Vivid Sydney 2019

  20-05-2019 22:34 via news.yahoo.com
  An illuminated trail of almost 300 lit lanterns of endangered species will glow every night at the zoo during Vivid Sydney which runs from May 24 throughout Sydney with hundreds of lit buildings and exhibits which attract hundreds of thousands of visitors each year.
  
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• China tariffs could force 'widespread store closures' and put $40 billion in sales at risk

  20-05-2019 22:30 via news.yahoo.com
  2019 has already been a tough year for retailers but the tariffs with China could put $40 billion of sales and 12,000 stores at risk, a report says.
  
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• Bernie Sanders Launches a Deeply Misguided Attack on Charter Schools

  20-05-2019 22:27 via news.yahoo.com
  One of the great benefits of living life well outside the Beltway is that it’s easy to take my eyes off the swamp, look to the states surrounding me, and see places where politics actually function as they’re supposed to. I can even, occasionally, see those issues on which Democrats and Republicans might work together, united in common purpose, for the common good.Exhibit A: the charter-school movement. It’s granted an invaluable degree of educational choice to families who lon
  
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• Markets Right Now: Stocks close lower as chipmakers slump

  20-05-2019 22:21 via finance.yahoo.com
  Stocks are closing lower on Wall Street Monday as technology stocks suffer steep declines.In the latest turn, the Trump administration is cracking down on Chinese telecom giant Huawei.Companies that supply technology to Huawei fell, with Broadcom and Qualcomm each falling 6%.
  
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• The U.S. Is Outplaying Iran in a Regional Chess Match

  20-05-2019 22:20 via news.yahoo.com
  In the first two weeks of May, U.S.–Iran tensions appeared to be careening toward war. In an escalating series of warnings, the U.S. asserted that an attack by Iran would be met with unrelenting force. Iran eventually responded with its usual bluster about being prepared for a full confrontation with Washington. But on the ground the Middle East looks more like a chessboard, with Iran and its allies and proxies facing off against American allies. This state of affairs was brought into shar
  
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• Republican Rep. Justin Amash explains his call to impeach Trump

  20-05-2019 22:16 via news.yahoo.com
  The only Republican so far to call for the president to be impeached fires back at critics.
  
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• Iran Accelerates Production of Enriched Uranium as Tensions Rise

  20-05-2019 22:06 via news.yahoo.com
  The semi-official Tasnim news agency quoted Behrouz Kamalvandi, an official at Iran’s Atomic Energy Organization, as saying that Iran had increased its output of 3.67% enriched uranium as of Monday, and that the United Nations nuclear watchdog had been informed.Crucially, Iran hasn’t increased the level to which it is enriching beyond the agreed limit.Tehran has already announced it stopped complying with a 300-kilogram cap on the storage of enriched uranium and heavy water imposed b
  
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• Is It Cheaper To Buy A 1967 Ford Mustang Fastback From Britain?

  20-05-2019 22:03 via news.yahoo.com
  This immaculate 1967 Ford Mustang Fastback is estimated to sell at British auction for $95K.It’s hard not to whisper Steve McQueen’s name when presented with a 1967 Ford Mustang 390 GT Fastback.The American classifieds may provide evidence of eye-watering sums being traded for healthy Fastback specimens, but it’s not always the case in Great Britain.
  
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• China Now Has More Warships Than the U.S.

  20-05-2019 21:59 via news.yahoo.com
  But sometimes quantity doesn't trump quality.
  
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• U.S. Justice Department : ex-White House counsel McGahn has 'immunity from testifying'

  20-05-2019 21:58 via news.yahoo.com
  The legal opinion by the Justice Department was released one day before McGahn had been due to appear before the Democratically controlled House panel by order of a subpoena to discuss matters outlined in Special Counsel Robert Mueller's Russia investigative report."Congress may not constitutionally compel the president's senior advisers to testify about their official duties," the opinion said, citing the Constitution's separation of powers provisions.
  
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• No Cloaking Device Here: F-22 Stealth Fighters Can Be Tracked

  20-05-2019 21:49 via news.yahoo.com
  “Does the mission require a cloaking device or is it OK if the threat sees it but can’t do anything about it?”State-run Chinese media is claiming that the People’s Liberation Army has been able to track the U.S. Air Force’s Lockheed Martin F-22 Raptor stealth fighters over the East China Sea. While the Chinese report might be easily dismissed as propaganda—it is not beyond the realm of possibility. In fact—it’s very possible that China can track th
  
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• US weather service issues highest tornado warnings in two years

  20-05-2019 21:42 via news.yahoo.com
  More than two million people in Oklahoma and the Texas Panhandle are in harms way after the National Weather Service's Storm Prevention Centre announced a threat level-five warning - their highest - for violent tornadoes as well as warnings for significant hail and flooding lasting into Monday night.They've also designated the storm a 'Particularly Dangerous Situation' or PDS, their most dire classification. This is the first time in two years that the National Weather Service has issued such hi
  
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• The Latest: Trump tells McGahn to defy Congress' subpoena

  20-05-2019 21:42 via news.yahoo.com
  WASHINGTON (AP) — The Latest on Congress' response to special counsel Robert Mueller's report (all times local):
  
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• Trump orders former White House counsel Don McGahn to ignore congressional subpoena, report says

  20-05-2019 21:37 via news.yahoo.com
  Donald Trump has told Don McGahn, the former White House counsel, to ignore a congressional subpoena from Democrats, and to skip a planned hearing this week.The reports that the president instructed the former White House lawyer to do so come as Mr Trump and House Democrats have clashed over the Russia investigation report compiled by special counsel Robert Mueller.Democrats have sought witness testimony from individuals like Mr McGahn, and have demanded that the Justice Department hand over the
  
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• Fifth Migrant Child Since December Dies in Border Patrol Custody

  20-05-2019 21:37 via news.yahoo.com
  A 16-year-old boy from Guatemala passed away Monday after being apprehended by U.S. Customs and Border Protection (CBP) agents, the fifth migrant child to die in Border Patrol custody since December, according to CBP.“The men and women of CBP are saddened by the tragic loss of this young man and our condolences are with his family,” read a statement from acting CBP commissioner John Sanders. “CBP is committed to the health, safety and humane treatment of those in our
  
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• Man charged in abduction of 8-year-old Texas girl

  20-05-2019 21:36 via news.yahoo.com
  A man has been charged in the abduction of an 8-year-old girl who was snatched from a street in Fort Worth, Texas, as she walked with her mother. Fort Worth police say the girl was found safe Sunday at a hotel in nearby Forest Hill. (May 20)
  
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• At Least 8 Injured as 30 Tornadoes Passed Through the U.S. Southern Plains

  20-05-2019 21:27 via news.yahoo.com
  The region is still reckoning with significant flooding from the storm system
  
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• Rural Iowans ponder Trump alternatives as China trade war drags on

  20-05-2019 21:20 via news.yahoo.com
  The world's two largest economies have been locked in a 10-month trade war that has roiled global supply chains and rattled financial markets.U.S. farmers, who helped carry Trump to his surprise 2016 election win, have been among the hardest-hit as China has imposed tariffs on imports of U.S. agricultural products, including soybeans, pork and grain sorghum in response to U.S. tariffs on Chinese goods.Now, increasing frustrations over the prolonged dispute are prompting some rural residents in I
  
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• OK, this has to be a mistake: The $130 Instant Pot Aura is down to $59.95 on Amazon

  20-05-2019 21:15 via news.yahoo.com
  There are almost always decent Instant Pot deals available on Amazon. Then during big shopping events like Black Friday and Prime Day, the best deals of the year pop up and offer some truly terrific prices on the world's most popular multi-cookers. As good as Black Friday and Prime Day deals are though, we've never seen an Instant Pot sale like the one we just stumbled across on Amazon. The $130 Instant Pot 6 Qt Aura Multi-Use Programmable Multicooker is currently on sale for just $59.95 with fr
  
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• Abortion laws: What are the regulations in each US state?

  20-05-2019 21:11 via news.yahoo.com
  There has been a recent uptick in legislative attempts to restrict abortion access in America, a medical practice which many consider a human right. Exemplified by increasing numbers of so-called 'heartbeat bills' and Alabama’s all-out ban designed to challenge Roe v Wade, there has been a turn in state initiatives towards restricting abortion access to “protect life”. In the wake of abortion rights being challenged by Republicans in America, The Independent has compiled a list
  
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• Exclusive: Elliott Management opposes airline Azul on Avianca Brasil bankruptcy plan

  20-05-2019 21:09
  U.S. hedge fund Elliott Management is opposing a new plan by Brazilian airline Azul SA to purchase some of the routes operated by financially troubled rival Avianca Brasil for $145 million, according...
  
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• Border patrol agent accused of using slurs before bumping migrant with truck

  20-05-2019 21:00 via news.yahoo.com
  Text messages sent by a U.S. Border Patrol agent before he knocked over a migrant with a pickup truck showed he called migrants “subhuman,” and “savages,” according to federal court documents.
  
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• Illinois police not alerted to early clues in womb-cutting case

  20-05-2019 20:55 via news.yahoo.com
  Police and Illinois’s child welfare agency say staff at a Chicago-area hospital didn’t alert them after determining that a bloodied woman who arrived with a gravely ill newborn had not just given birth to the baby boy, as she claimed.
  
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• U.S. Border agent accused of calling migrants 'savages' before knocking one over

  20-05-2019 20:49 via news.yahoo.com
  Agent Matthew Bowen sent the messages in November 2017, two weeks before he is accused of deliberately knocking over a Guatemalan man with his Border Patrol vehicle in Nogales, Arizona, according to documents filed in U.S. District Court in Tucson.Prosecutors Monica Ryan and Lori Price filed the documents on April 30 with a request to use the messages in court to show Bowen's "state of mind" prior to the incident and his "willful" intent to knock over the migrant on Dec. 3, 2017.
  
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• 5th migrant child dies after detention by Border Patrol

  20-05-2019 20:46 via news.yahoo.com
  The U.S. government says a 16-year-old Guatemalan died Monday at a Border Patrol station in South Texas, the fifth death of a migrant child apprehended by border agents since December.
  
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• Lori Lightfoot Inaugurated as Chicago's First Openly Gay, Female African-American Mayor

  20-05-2019 20:41 via news.yahoo.com
  History was made Monday as Lori Lightfoot took the oath of office as Chicago's 56th mayor.
  
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• Tehran says Trump's 'genocidal taunts won't end Iran'

  20-05-2019 20:38 via news.yahoo.com
  Iranian Foreign Minister Mohammad Javad Zarif said Monday the "genocidal taunts" of US President Donald Trump will not "end Iran", as tensions spike between the two countries.Economic terrorism and genocidal taunts won't 'end Iran'," Zarif wrote on Twitter.In another tweet, Zarif accused Trump of allowing his team to "trash diplomacy" and "abet war crimes -- by milking despotic butchers via massive arms sales".
  
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• Walmart Offering Tires at Huge Savings for Memorial Day

  20-05-2019 20:37 via news.yahoo.com
  Act quickly to get savings up to 40 percent off.
  
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• Walmart Offering Tires at Huge Discounts for Memorial Day

  20-05-2019 20:37 via news.yahoo.com
  Act quickly to get discounts up to 40 percent off.
  
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• How do Democrats beat Trump? Hickenlooper says Biden's backward-looking message isn't the way

  20-05-2019 20:33 via news.yahoo.com
  “When you are rebuilding, never say you are going to rebuild what was there before,” Hickenlooper told USA TODAY. “It won’t satisfy. "
  
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• Here's why pummeling tornadoes are coming for the Southern Plains

  20-05-2019 20:30 via news.yahoo.com
  It's an ominous Monday in the southern Great Plains. Entire school districts are closed as storm scientists expect "high risk" weather and severe thunderstroms, with conditions ripe for powerful tornadoes throughout much of the Texas Panhandle and Oklahoma. A confluence of robust elements have combined forces to produce an exceptionally dangerous day."It's an environment that we don't see very often," said Bill Bunting, operations chief for the National Oceanic and Atmospheric Administratio
  
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• US judge to consider blocking new Mississippi abortion law

  20-05-2019 20:23 via news.yahoo.com
  JACKSON, Miss. (AP) — Inside Mississippi's only abortion clinic, administrator Shannon Brewer has been fielding phone calls from women who want to know whether they can still terminate a pregnancy if they think they might be more than a few weeks along.
  
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• Gov: Abortion ban shows Alabama values 'sanctity of life'

  20-05-2019 20:20 via news.yahoo.com
  MONTGOMERY, Ala. (AP) — Alabama's governor said Monday the new abortion ban she recently signed into law reflects the high value residents place on the "sanctity of life," adding she doesn't expect any fallout from the controversial measure on tourism or business recruitment.
  
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• Justin Amash: First Republican congressman to call for Trump impeachment faces challenge for his seat

  20-05-2019 20:12 via news.yahoo.com
  Having become the first Republican in Congress to call for the impeachment of Donald Trump, Justin Amash reward is a challenger for his seat.The Michigan congressman brought the wrath of his entire party into himself with a number of tweets over the weekend suggesting that the possible attempts of obstruction of justice against the president raised by special counsel Robert Mueller amounted to “impeachable conduct”.Mr Amash said Mr Mueller had identified “multiple examples of c
  
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• Elon Musk: Tesla needs to cut costs or it will run out of money in 10 months

  20-05-2019 20:06 via news.yahoo.com
  Defying skeptics, Tesla during the September quarter of 2018 actually managed to turn a profit of $312 million thanks to strong demand for the mass market Model 3. Tesla's profits for the quarter were far from staggering, but it nonetheless instilled faith that the electric automaker was on a path towards financial viability.Just a few months later, the narrative surrounding Tesla has drastically shifted. When the company last month released its earnings report for the March quarter, it posted a
  
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• China Says It Never Agreed to Trump Administration’s ‘Extravagant Demands’ in Trade-Deal Talks

  20-05-2019 19:57 via news.yahoo.com
  China said Monday that it never agreed to the "extravagant demands" U.S. negotiators made during April negotiations meant to solidify a trade deal between the world's two largest economies.“We don’t know what this agreement is the United States is talking about," Chinese Foreign Ministry spokesman Lu Kang said in comments to reporters. "Perhaps the United States has an agreement they all along had extravagant expectations for, but it’s certainly not a so-called agreement t
  
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• Austria's Kurz hopes to sidestep scandal to stay in power

  20-05-2019 19:51 via news.yahoo.com
  It just might work if the public believes his disavowal of his former allies in the Freedom Party (FPO) and the maths go his way in September, when Austrians are expected to vote in a snap election brought about by the latest FPO transgression.The only other party that could have given him a majority in parliament are the Social Democrats, with whom a coalition appears highly unlikely for now.
  
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• Columbine Survivor Austin Eubanks, 37, Dies at Home

  20-05-2019 19:35 via news.yahoo.com
  Austin Eubanks, a survivor of the 1999 Columbine shooting, has died. He was 37. According to Austin's family, he lost the battle with the very disease he fought so hard to help others face.
  
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