Finance news

• Trump administration delays release of $20 bill featuring abolitionist Tubman

  22-05-2019 23:48 via news.yahoo.com
  Plans to unveil a new $20 bill featuring anti-slavery activist Harriet Tubman have been postponed for almost a decade, US Treasury Secretary Steven Mnuchin said Wednesday.Tubman, who escaped slavery and helped others to freedom on the Underground Railroad, was due to appear on the bill starting next year, replacing slave-owning former President Andrew Jackson, whom President Donald Trump admires."The primary reason we've looked at redesigning the $20 bill is for counterfeiting issues," Mnuchin s
  
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• Michael Avenatti charged with defrauding Stormy Daniels

  22-05-2019 23:44 via news.yahoo.com
  NEW YORK (AP) — Michael Avenatti, the attorney who rocketed to fame through his representation of porn star Stormy Daniels in her battles with President Donald Trump, was charged Wednesday with ripping her off.
  
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• Novartis CEO plans gene therapy price 'far lower' than $4 million to $5 million range

  22-05-2019 23:25 via news.yahoo.com
  Novartis is expecting the drug initially to be approved for infants and is in discussions with the U.S. Food and Drug Administration about whether approval will include other forms of the disease beyond the most serious Type 1, he said.
  
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• Serial cyberstalker could avoid prison again under plea deal

  22-05-2019 23:23 via news.yahoo.com
  Only hours before women marched through many U.S. cities in January, Christopher Cleary set off a manhunt when he posted a Facebook message threatening to kill "as many girls as I see" in retaliation for years of romantic rejection.Cleary, 27, called himself a virgin who never had a girlfriend, stoking fears of another deadly rampage by a man blaming women for his problems.When police tracked his cellphone and arrested the Colorado resident at a McDonald's restaurant in Provo, Utah, Cleary said
  
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• Poll finds wide support for Mueller and McGahn to testify in Congress

  22-05-2019 23:22 via news.yahoo.com
  Despite the president's claim that "you can’t investigate and legislate simultaneously," most Americans want Congress to continue asking questions.
  
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• What to Do If You're Missing Facebook's Face Recognition Setting

  22-05-2019 23:15 via news.yahoo.com
  Facebook says that users who are missing the company’s Face Recognition control can opt out of the platform’s use of facial recognition technology by turning off another setting, Tag Suggestions....
  
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• New York passes bill that would allow Congress to get Trump tax returns

  22-05-2019 23:15 via news.yahoo.com
  President Donald Trump has steadfastly refused to make public his tax returns, but lawmakers in New York state on Wednesday passed a bill that may allow for them to be published against his wishes.The text -- which Democratic Governor Andrew Cuomo is expected to sign -- would clear a path for tax officials in his home state to offer some of the documents to Congress.After a first vote in the state Senate earlier this month, the state Assembly, a Democratic stronghold, adopted the measure, accord
  
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• Mobile chip titan Qualcomm faces setback with US antitrust ruling

  22-05-2019 22:46 via news.yahoo.com
  Smartphone chip giant Qualcomm suffered a fresh blow in its antitrust battle as a US federal judge ruled that it "strangled competition" for years at the expense of consumers and device makers.Qualcomm shares sank some 10.8 percent Wednesday to close at a one-month low after the ruling that the company violated antitrust law, in a case with major implications for the smartphone market.US District Judge Lucy Koh ordered Qualcomm to change its pricing and sales practices, after finding it "engaged
  
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• The Latest: Missouri River levees expected to be overtopped

  22-05-2019 22:39 via news.yahoo.com
  OKLAHOMA CITY (AP) — The Latest on storm damage in the Southern Plains and Midwest (all times local):
  
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• Chip designer ARM halts work with Huawei after U.S. ban

  22-05-2019 22:38 via news.yahoo.com
  Huawei, in common with Apple Inc and chipmakers such as Qualcomm, uses ARM blueprints to design the processors that power its smartphones."ARM is complying with the latest restrictions set forth by the U.S. government and is having ongoing conversations with the appropriate U.S. government agencies to ensure we remain compliant," an ARM spokesman said in a statement."ARM values its relationship with our longtime partner HiSilicon (Huawei's chip arm) and we are hopeful for a swift resolution on t
  
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• Trump to Democrats: No deals on infrastructure, drug prices until they drop investigations

  22-05-2019 22:27 via news.yahoo.com
  Donald Trump told Democratic leaders he wouldn't work with them on shared priorities such as infrastructure unless they abandon "phony" investigations.
  
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• Michael Avenatti indicted on charges of stealing from Stormy Daniels after Trump legal battle

  22-05-2019 22:21 via news.yahoo.com
  Michael Avenatti, the lawyer for adultactress Stormy Daniels against President Donald Trump, was indicted Wednesday for allegedly defrauding her.
  
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• Trump and Pelosi face off -- and it isn't pretty

  22-05-2019 22:14 via news.yahoo.com
  Nancy Pelosi is the most powerful woman in American politics, and President Donald Trump's most potent Democratic nemesis.Pelosi, the speaker of the US House of Representatives, started the day with an emergency meeting of House Democrats, as the possibility of impeaching Trump swirled over Capitol Hill.After the meeting, she said the Republican leader was "engaged in a cover-up" -- a likely reference to his alleged obstruction of justice with respect to Special Counsel Robert Mueller's Russia p
  
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• Brexit crisis: Minister quits, piling pressure on Britain's May

  22-05-2019 22:10 via news.yahoo.com
  Almost three years since Britain voted to leave the European Union, it is not clear when, how or even if Brexit will happen.Leadsom, Leader of the House of Commons, said she could not announce the new Withdrawal Agreement Bill, which will implement Britain's departure, in parliament on Thursday as she did not believe in it."It is therefore with great regret and with a heavy heart that I resign from the government."A Downing Street spokesman praised Leadsom and expressed disappointment at her dec
  
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• Rain, flooding expected in U.S. Southern Plains after deadly storms

  22-05-2019 22:02 via news.yahoo.com
  Weather forecasters on Wednesday expected drenching rains to roll into the storm-ravaged U.S. southern and central states, where thunderstorms and tornadoes killed at least three people and triggered widespread flooding.More than 30 tornadoes struck a swath from Texas to Iowa since Monday, according to the National Weather Service, and residents in at least three Oklahoma riverfront communities were urged to evacuate due to flooding.One person was killed and another was injured when a tornado st
  
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• Scouted: Brooklinen’s Luxe Sheets Are Some of the Best and Now They’re on Amazon

  22-05-2019 22:00 via news.yahoo.com
  There haven’t been many moments where I’ve actually taken a second to appreciate what I was lying on in bed. That was until I decided to get myself Brooklinen sheets. I’m telling you, they’re worth the investment. And they’ve made it easier to add a set to your bedroom because they’re available on Amazon now.With two-day Prime Shipping, you can get a set of 100 percent long-staple cotton sheets that are luxurious but sturdy. With a 480-thread count, you can ch
  
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• Key US official on Mideast peace addresses Security Council

  22-05-2019 21:56 via news.yahoo.com
  UNITED NATIONS (AP) — A key architect of the long-awaited U.S. plan for Israeli-Palestinian peace warned Wednesday that "nothing can be meaningfully fixed" until Gaza's Hamas rulers and Palestinian Islamic Jihad renounce their vows to destroy Israel and stop carrying out violent acts.
  
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• How impeachment debate derailed infrastructure talks, threatens Democratic agenda

  22-05-2019 21:53 via news.yahoo.com
  President Trump cuts short meeting with top Democrats after Nancy Pelosi says he's engaged in a cover-up; senior producer Chad Pergram reports from Capitol Hill.
  
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• Two Words That Even an F-22 Doesn't Have the Power to Defeat

  22-05-2019 21:48 via news.yahoo.com
  The small Raptor force is expensive to operate ($58,000 per flight hour, three times the cost of an F-16), but the fifth-generation stealth aircraft remain the U.S. military’s preferred weapon for countering the latest 4.5-generation jets like the Russian Su-35 or China’s J-20 stealth fighter and J-11D.The F-22 Raptor may be the most elusive fighter ever built. It has a radar-cross section the size of a marble, and if it gets into trouble, it can rocket away traveling up to two-and-a
  
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• Toyota Yaris Recalled Because Airbags Might Not Deploy in a Crash

  22-05-2019 21:43 via news.yahoo.com
  Toyota is recalling 43,221 of its 2015 to 2017 Yaris hatchbacks because faulty wiring might prevent side and curtain airbags from deploying in a crash, according to the National Highway Traffic S...
  
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• Deadly strike hits Syria market as Damascus battles jihadists

  22-05-2019 21:36 via news.yahoo.com
  Maaret al-Numan (Syria) (AFP) - Syrian government air strikes killed 23 civilians, including a dozen people at a busy market, as fierce fighting raged for the jihadist-held northwest, a war monitor said on Wednesday.Regime forces battled to repel a jihadist counteroffensive around the town of Kafr Nabuda that has left 87 combatants dead since Tuesday, the Syrian Observatory for Human Rights said.The Hayat Tahrir al-Sham alliance, led by Syria's former Al-Qaeda affiliate, controls a large part of
  
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• Trump administration halts Harriet Tubman $20 bill

  22-05-2019 21:35 via news.yahoo.com
  Donald Trump’s administration has delayed production on a newly-redesigned $20 bill featuring Harriet Tubman, citing counterfeit issues.The bill was scheduled to be unveiled next year during the 100-year anniversary of the 19th Amendment. Tubman, who escaped slavery and later became a prominent abolitionist who rescued other enslaved people using the Underground Railroad, was announced in 2016 as the next face of the bill. US Treasury Secretary Steven Mnuchin announced the delay on Wednesd
  
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• Pelosi says Trump's 'cover-up' could be 'an impeachable offense'

  22-05-2019 21:28 via news.yahoo.com
  House Speaker Nancy Pelosi said after a meeting with House Democrats on their investigations that "we believe" Trump is "engaged in a cover-up."
  
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• May stares at defeat in final Brexit gambit

  22-05-2019 21:27 via news.yahoo.com
  British Prime Minister Theresa May stared at the prospect Wednesday of her political career coming to an inglorious end after her final attempt to save her unpopular Brexit deal was almost universally condemned by parliament.The beleaguered premier is in the last throes of a tumultuous rule focused all-but exclusively on guiding her fractured country out of the European Union in one piece.
  
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• Michael Avenatti charged with defrauding former client Stormy Daniels

  22-05-2019 21:24 via news.yahoo.com
  Michael Avenatti, the celebrity lawyer, has been charged with defrauding porn star Stormy Daniels, whom he represented in her legal battle with Donald Trump. Mr Avenatti became a regular on cable news programmes as he championed Ms Daniels' case against the president and at one point even pondered running for the White House himself.  But the 48-year-old was charged on Wednesday with doctoring a document to divert about $300,000 (£236,800) that Ms Daniels was supposed to get from
  
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• UPDATE 1-In latest blow to Britain's May, Leadsom resigns over new Brexit approach

  22-05-2019 21:05 via news.yahoo.com
  Prominent Brexit supporter Andrea Leadsom resigned from British Prime Minister Theresa May's cabinet on Wednesday, saying she could no longer support the government's approach after May's latest gambit to pass her Brexit deal backfired."I no longer believe that our approach will deliver on the referendum result," Leadsom, who served as Leader of the House of Commons, said in a resignation letter to May.May's new Brexit plan includes a vote on whether to hold a second Brexit referendum -- once he
  
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• Joe Biden criticizes Kim Jong Un; North Korea calls Biden 'an imbecile'

  22-05-2019 21:04 via news.yahoo.com
  Kim said in April that his personal relationship with Trump was still good despite the collapse of their second summit in Vietnam in February.Biden's campaign responded to North Korea by calling the relationship between Trump and Pyongyang "antithetical to who we are."Biden, at a campaign launch in Philadelphia on Saturday, said: "Are we a nation that embraces dictators and tyrants like (Russian President Vladimir) Putin and Kim Jong Un?"Korean Central News Agency (KCNA), the state media, respon
  
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• How to send a piece of yourself to Mars on NASA's 2020 Mars rover

  22-05-2019 20:58 via news.yahoo.com
  You might not be able to visit Mars, but you can still be represented when a NASA rover takes off for Mars in 2020.
  
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• Investors continue four-week retreat from U.S. stock market

  22-05-2019 20:53
  Investors continued a four-week long retreat from the U.S. stock market last week by unloading a net of nearly $9.6 billion in assets from domestic mutual and exchange-traded funds, according to data...
  
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• Tale of suicidal 'Handmaid' in New York goes viral

  22-05-2019 20:48 via news.yahoo.com
  A red-cloaked "Handmaid" ready to hurl herself off a Manhattan building, possibly unhinged by recent legislative assaults on the right to abortion?For months now, amid the #MeToo movement and challenges to the right to abortion in the United States and elsewhere, demonstrations by women dressed in costumes inspired by "The Handmaid's Tale" have multiplied.The hit television series based on Margaret Atwood's 1985 novel evokes a world in which the United States has become a religious dictatorship
  
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• Minister Quits as May Resists Pressure to Go: Brexit Update

  22-05-2019 20:45 via news.yahoo.com
  Graham Brady, chairman of the 1922 committee of rank-and-file Conservative MPs, confirmed he will meet with Prime Minister Theresa May on Friday, adding that he will follow that with a meeting of his committee’s executive.Speaking to reporters in Parliament, Brady declined to comment on the question of changing party rules to allow an earlier leadership challenge against May.
  
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• Congo wants more use of Merck vaccine rather than J&J newcomer - minister

  22-05-2019 20:42 via news.yahoo.com
  Democratic Republic of Congo called on Wednesday for Merck's experimental Ebola vaccine to be fully licensed to facilitate its use in the Ebola-hit country, while saying Johnson & Johnson's rival drug would complicate matters.Both vaccines are experimental drugs that can be used under strictly controlled research protocols but Merck's has been used throughout the outbreak and has proven highly effective, the World Health Organization (WHO) says.Congolese Health Minister Oly Ilunga Kalenga to
  
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• 3 Ways a Roth 401(k) Can Boost Retirement Savings

  22-05-2019 20:36 via news.yahoo.com
  In the 13 years since Roth 401(k)s were first launched, these accounts have become a standard option in most retirement plans. Seven out of 10 of employers now offer a Roth 401(k), according to a...
  
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• 'Very, Very, Very Strange.' How Nancy Pelosi's Meeting With Trump Went Down

  22-05-2019 20:32 via news.yahoo.com
  Speaker Nancy Pelosi was supposed to meet with President Trump about an infrastructure plan. Instead, the two traded barbs.
  
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• The Latest: Iran supreme leader critical of FM in nuke deal

  22-05-2019 20:27 via news.yahoo.com
  TEHRAN, Iran (AP) — The Latest on increased tensions between the U.S. and Iran (all times local):
  
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• NASA will send your name to the Red Planet on the Mars 2020 rover

  22-05-2019 20:25 via news.yahoo.com
  Mars 2020 is shaping up nicely, with NASA recently revealing that its rover-hauling spacecraft is essentially complete and currently undergoing testing well ahead of its July 2020 launch window, and NASA is now accepting names of hopeful Mars "travelers" who want to get in on the action.No, you can't actually go to Mars -- nor would you probably want to -- but as with past Mars missions, NASA will be including up to several million names of regular folks who want to participate in the mission in
  
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• U.S. judge approves PG&E $105 million wildfire assistance fund

  22-05-2019 20:23 via news.yahoo.com
  PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility's equipment, the judge overseeing the investor-owned power producer's bankruptcy ruled on Wednesday.Creditors, which include wildfire victims, are fighting for funds as PG&E navigates bankruptcy stemming from the blazes and as the state plans for increasingly long and dangerous fire seasons its officials attribute to clima
  
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• Serial con artist arrested after scamming woman he met on Match.com out of $85,000

  22-05-2019 20:20 via news.yahoo.com
  A serial con artist was arrested Wednesday after allegedly scamming a Georgiawoman he met on Match
  
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• Trump explodes in White House meeting, refusing to work with Democrats and lashing out on Twitter

  22-05-2019 20:15 via news.yahoo.com
  Donald Trump has lashed out at Democratic leadership after refusing to sit for a bipartisan meeting at the White House, claiming he will no longer work with the party until all investigations against him have been closed. The president declined to shake anyone’s hand or even sit for the meeting Democrats scheduled at the White House on Wednesday to discuss a bipartisan solution to the nation’s failing infrastructure. He then cut the meeting short and staged a seemingly last-minute ap
  
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• U.S. Justice Dept staff recommends blocking T-Mobile-Sprint deal, sources say

  22-05-2019 20:03 via news.yahoo.com
  The U.S. Justice Department's antitrust division staff has recommended the agency block T-Mobile US Inc's $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar with the matter.While Justice Department staff balked at the merger, the Federal Communications Commission indicated on Monday it had reached an agreement in principle with the companies to allow the deal after the companies agreed to sell Sprint's prepaid brand Boost Mobile.The final decision on whether
  
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• Freshman congresswoman tells Trump's Homeland Security chief that deaths of migrants were 'intentional'

  22-05-2019 19:59 via news.yahoo.com
  The acting Homeland Security secretary was grilled over his department's treatment of migrant children, five of whom have died since December.
  
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• Trump refuses to work with Democrats unless they stop investigating him

  22-05-2019 19:51 via news.yahoo.com
  President halted infrastructure meeting and condemned Pelosi in a snap press conference after she said he was ‘engaging in a cover-up’* Follow the latest in US politics – liveDonald Trump on Wednesday terminated a meeting with Democratic leaders after just a few minutes, saying he refuses to work with them on an infrastructure plan unless they stop investigating him and lift the threat of impeachment.Democrats quickly fired back, claiming that the US president had planned the s
  
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• Carson says he had 'difficulty hearing' during viral Oreo testimony, defends HUD proposals

  22-05-2019 19:43 via news.yahoo.com
  Carson said he "was having difficulty hearing” during the committee testimony that went viral when he appeared to mix up a real estate term and Oreos.
  
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• Ukraine's parliament snubs new president on election law

  22-05-2019 19:38 via news.yahoo.com
  KIEV, Ukraine (AP) — Ukrainian lawmakers on Wednesday turned down the new president's proposal to amend the election law in a blow to his hopes to get more of his supporters into parliament.
  
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• Factbox: Global tech companies shun Huawei after U.S. ban

  22-05-2019 19:37 via news.yahoo.com
  (Reuters) - Global technology companies, including chip suppliers, are cutting off their ties with China's Huawei Technologies Co after the Trump administration put the world's largest telecom equipment maker on a trade blacklist, citing national security concerns. The government has effectively banned U.S. firms from doing business with Huawei, escalating the ongoing trade war. However, Huawei has been allowed to buy U.S. goods until Aug. 19 to maintain existing telecoms networks and provide so
  
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• Donald Trump storms out of infrastructure talks with Democrats after 'jaw-dropping' rant

  22-05-2019 19:29 via news.yahoo.com
  Donald Trump pulled the plug on infrastructure talks with Democrats in spectacular fashion on Wednesday, storming out a meeting over their refusal to drop “phony investigations” into his administration.  In what political opponents described as jaw-dropping behaviour, the US president reportedly refused to shake hands at the White House talks, instead delivering a five-minute rebuke.  Mr Trump told the gathering of senior Democratic congressmen that he would not negotiate o
  
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• The 2020 BMW X5 and X7 Get New M50i Performance Variants

  22-05-2019 19:27 via news.yahoo.com
  Both SUVs pack 523 horsepower and are positioned above the existing 50i models.
  
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• South Africa's newly-elected Ramaphosa promises to work for all

  22-05-2019 19:24 via news.yahoo.com
  The ANC won South Africa's May 8 general election, enabling the party to pick the country's president, but its share of the vote fell to a post-apartheid low -- reflecting anger at corruption and cronyism under Ramaphosa's predecessor Jacob Zuma.Ramaphosa, who is also the leader of the ANC, was elected without contest and will be officially inaugurated on Saturday.The election of the former trades union boss turned businessman was greeted by clapping from a packed public gallery and opposition b
  
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• United CEO promises to rebook passengers concerned about 737 MAX

  22-05-2019 19:21 via news.yahoo.com
  United Airlines Chief Executive Oscar Munoz promised on Wednesday to rebook any passengers concerned about flying Boeing Co's 737 MAX jets once regulators deem the aircraft safe to fly again."We will make it very transparent that you are on that type of aircraft and if people need any kind of adjustments we will absolutely rebook them in any way shape or form," Munoz told reporters after the airline's annual shareholders' meeting.Munoz said the flying public's perception of the 737 MAX jets' saf
  
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• Suspect detained after high-speed RV chase through streets of LA

  22-05-2019 19:21 via news.yahoo.com
  One of the suspect's dogs hopped out of the RV's damaged windshield as the vehicle whipped through the streets of Los Angeles.
  
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