Finance news

• Icahn steps up fight with Occidental over deal, wants board seats

  26-06-2019 23:55 via news.yahoo.com
  In a regulatory filing, Icahn said he planned to oust and replace four Occidental directors and change the company's charter through a stockholder consent solicitation to prevent it from ever engineering a similar takeover again.Responding to the filing, Occidental said it will review the latest materials filed by Icahn, and looks forward to addressing them in ongoing conversations with shareholders.Icahn, one of industry's most powerful activist investors, cast himself as one of the deal's most
  
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• NRA splits with PR firm, lobbyist and TV amid infighting

  26-06-2019 23:35 via news.yahoo.com
  Infighting at the National Rifle Association exploded Wednesday, when the powerful association severed ties with its longtime public relations firm, suspended operations of its fiery online TV station and lost its top lobbyist.The latest turmoil emerged just a year before the critical 2020 presidential elections when the NRA's ability to influence the outcome could decide the fate of gun rights.Lobbyist Chris Cox, long viewed as the likely successor to longtime CEO Wayne LaPierre, was placed on
  
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• Evangelical group to spend $50M on get-out-the-vote efforts

  26-06-2019 23:34 via news.yahoo.com
  Veteran conservative activist Ralph Reed said Wednesday that the faith-based group he leads plans to spend at least $50 million on get-out-the-vote efforts in 2020.It's part of a large-scale marshaling of evangelical resources that's poised to benefit President Donald Trump's reelection campaign.After Trump spoke to an annual conference hosted by Reed's group, the Faith & Freedom Coalition, the longtime GOP strategist previewed a voter outreach plan for 2020 that he said would include signif
  
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• Witness could face perjury charge in Navy SEAL court-martial

  26-06-2019 23:29 via news.yahoo.com
  A Navy SEAL witness could face a perjury charge after testifying that he — and not Special Operations Chief Edward Gallagher— had killed a young Islamic State prisoner in Iraq, according to an email sent to a lawyer for the witness.Officials are considering charging Special Operator First Class Corey Scott with lying under oath during Gallagher's court-martial, said the email sent Tuesday by Navy Capt. Donald King, a lawyer for the senior commander who convened the war crimes proceed
  
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• The Border Crisis Isn’t Partisan

  26-06-2019 23:28 via news.yahoo.com
  (Bloomberg Opinion) -- The U.S. Senate passed a bipartisan bill to address the border crisis today. The House passed a partisan one yesterday. The president, unsurprisingly, has not been clear about what he will do. Meanwhile, the image of a father and daughter who died trying to cross the Rio Grande seems to have hardened positions on all sides.This is inexcusable. For the sake of expediency as well as decency, the House should pass the Senate’s bill and the president should sig
  
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• Mother killed toddler because he was getting in way of affair, prosecutors say

  26-06-2019 23:25 via news.yahoo.com
  Prosecutors say a New Jersey mother killed her toddler son because she felt he was getting in the way of her extramarital affair.
  
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• The Latest: Witness could face perjury in Navy SEAL trial

  26-06-2019 22:59 via news.yahoo.com
  Officials have informed a Navy SEAL witness that he could face a perjury charge after he testified that he — and not Special Operations Chief Edward Gallagher— had killed an Islamic State prisoner in Iraq.In an email sent Tuesday to a lawyer for Special Operator First Class Corey Scott, the Navy said it was considering charging Scott with lying under oath during Gallagher's court-martial.
  
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• Search underway for Virginia toddler missing for more than a day

  26-06-2019 22:58 via news.yahoo.com
  Police in Virginia are actively searching for a toddler who has been missing since early Monday morning.
  
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• President Trump calls out critics for 'presidential harassment'

  26-06-2019 22:49 via news.yahoo.com
  Media, Democrats react to special counsel Robert Mueller's upcoming congressional testimony.
  
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• Microsoft is reportedly testing two exciting new Surface models

  26-06-2019 22:43 via news.yahoo.com
  A rumor earlier this week claimed that Microsoft is working on a Surface notebook based on Qualcomm's Snapdragon 8cx platform that was designed for 2019 Windows 10 devices, and we now have more details on the matter.It appears that Microsoft wants to power a Surface Pro with the 8cx, which will be a custom version of Qualcomm's chip. Moreover, Microsoft is also looking at AMD processors for the Surface Laptop line, as it wants to explore options other than Intel.Microsoft's relationship with Int
  
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• Democrats are ready to throw punches but vow debate won't become 'crazytown'

  26-06-2019 22:31 via news.yahoo.com
  For the past several months, the approximately two dozen Democratic presidential candidates have crisscrossed the country visiting key early states and introducing themselves to voters. As they move past this introductory phase of the primary, the candidates have begun to turn toward each other and fire their first shots.
  
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• The Latest: Zhang family says no promise body would be found

  26-06-2019 22:28 via news.yahoo.com
  The family of a scholar from China killed by a former University of Illinois doctoral student says they're aware he offered to divulge where her remains were but weren't convinced the body would actually be found.The defense said in a Tuesday filing that Christensen made the offer, asking for a life sentence in exchange.Jurors convicted Christensen Monday in a federal death-penalty trial of kidnapping Zhang in 2017 and beating her to death.
  
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• 400GB SanDisk Extreme microSD cards might never be this cheap again

  26-06-2019 22:20 via news.yahoo.com
  The SanDisk 400GB Extreme microSDXC UHS-I Memory Card cost a whopping $250 when it was first released. Since then it has come way down in price, as all microSD cards do, and it now typically sells for around $100. Right now, however, it's just $85.49 on Amazon. This is a new all-time low price for this massive microSD card, and we're not sure it'll ever be this cheap again. In other words... HURRY!Here are some of the important details from the product page:* Up to 160MB/s* read speeds to save t
  
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• Senate Passes $4.6 Billion Border-Funding Bill after Rejecting Pelosi’s Version

  26-06-2019 22:15 via news.yahoo.com
  The Senate on Wednesday passed a $4.6 billion spending package to alleviate the ongoing crisis at the southern border, just moments after rejecting a similar emergency-funding bill advanced by House Democrats that included restrictions on the funding of certain border-enforcement measures.Speaker Nancy Pelosi, who shepherded the more restrictive spending bill through the House on Tuesday, announced her caucus's opposition to the Senate bill before it was voted on, ensuring a contentious reconcil
  
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• This 1996 Chevrolet Impala SS is One Sinister Sedan

  26-06-2019 22:10 via news.yahoo.com
  And it's priced right to be a show car or a daily driver!As big American sedans gave way to SUVs and crossovers in the mid-'90s, the Chevrolet Impala SS marked the end of an era for Chevrolet as one of the brand's last performance-minded sedans. Originally developed as a SEMA show car in 1992, Chevrolet transformed the Caprice into the Impala SS by giving it the Corvette's LT1 V-8, a police car suspension, big mag wheels and a monochromatic paint scheme.Compared to the Caprice off which it was b
  
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• Airlines offering waivers, credits for flights to the Dominican Republic in light of recent deaths

  26-06-2019 22:09 via news.yahoo.com
  Some airlines are allowing passengers to get out of their booked trips to the Dominican Republic.
  
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• Democrats hope Mueller testimony will have 'profound impact'

  26-06-2019 22:08 via news.yahoo.com
  The chairman of the House Judiciary Committee says he expects special counsel Robert Mueller to have "a profound impact" when he testifies before Congress on July 17, even though Mueller has said he won't provide any new information.Mueller's unusual back-to-back testimony in front of the House Judiciary and Intelligence committees is likely to be the most highly anticipated congressional hearing in years, particularly given Mueller's resolute silence throughout his two-year investigation into R
  
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• UPDATE 5-U.S. regulator cites new flaw on grounded Boeing 737 MAX

  26-06-2019 22:07 via news.yahoo.com
  WASHINGTON/SEATTLE, June 26 (Reuters) - The U.S. Federal Aviation Administration has identified a new risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday.The risk was discovered during a simulator test last week and it is not yet clear if the issue can be addressed with a software upgrade or will require a more complex hardware fix, sources with knowledge of the matter told Reuters.The FAA did not elaborate on the latest set
  
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• UPDATE 4-U.S. FAA identifies new risk on Boeing 737 MAX

  26-06-2019 22:07 via news.yahoo.com
  WASHINGTON/SEATTLE, June 26 (Reuters) - The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday.The risk was discovered during a simulator test last week and it is not yet clear if the issue can be addressed with a software upgrade or will require a more complex hardware fix, sources with knowledge of the matter told Reuters.The FAA did not elaborate on the
  
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• EXCLUSIVE-U.S. FAA says it identifies new potential risk on 737 MAX

  26-06-2019 22:07 via news.yahoo.com
  The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency told Reuters on Wednesday.The risk was discovered during a simulator test last week, sources with knowledge of the matter told Reuters.The new issue means Boeing will not conduct a certification test flight until July 8 at the earliest, the sources said, and the FAA will spend at least two to three weeks reviewing the re
  
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• U.S. FAA identifies new risk on Boeing 737 MAX

  26-06-2019 22:00 via news.yahoo.com
  WASHINGTON/SEATTLE (Reuters) - The U.S. Federal Aviation Administration has identified a new potential risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday.The risk was discovered during a simulator test last week and it is not yet clear if the issue can be addressed with a software upgrade or will require a more complex hardware fix, sources with knowledge of the matter told Reuters.The FAA did not elaborate on the latest se
  
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• U.S. regulator cites new flaw on grounded Boeing 737 MAX

  26-06-2019 21:57 via news.yahoo.com
  WASHINGTON/SEATTLE (Reuters) - The U.S. Federal Aviation Administration has identified a new risk that Boeing Co must address on its 737 MAX before the grounded jet can return to service, the agency said on Wednesday.The risk was discovered during a simulator test last week and it is not yet clear if the issue can be addressed with a software upgrade or will require a more complex hardware fix, sources with knowledge of the matter told Reuters.The FAA did not elaborate on the latest setback for
  
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• Ex-GOP House Staffer Rory Riley-Topping: Duncan Hunter Groped Me in 2014

  26-06-2019 21:49 via news.yahoo.com
  Reuters/RTA former House Republican staffer on Wednesday alleged that Rep. Duncan Hunter (R-CA) sexually assaulted her during a National Republican Congressional Committee dinner in 2014. In an exclusive interview with Kremlin-backed news network RT, conservative commentator Rory Riley-Topping alleged that the Republican congressman grabbed her from behind at the event while she was a staffer for the House veterans committee.“Duncan Hunter had clearly appeared intoxicated and came up
  
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• Salt Lake City police say missing Utah college student texted someone at airport

  26-06-2019 21:47 via news.yahoo.com
  23-year-old Mackenzie Lueck was last seen getting into a car at a local park at 3 a.m.; insight from Tim Doubt, Salt Lake City assistant police chief.
  
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• Tesla's senior production executive at Fremont facility quits - source

  26-06-2019 21:46 via news.yahoo.com
  Hochholdinger, a former production executive at Volkswagen AG, is the latest high-profile executive to leave Tesla in the past two years as the automaker struggles to ramp up production of Model 3, which is seen as crucial for its long-term profitability. At Volkswagen, Hochholdinger spent 22 years supervising the production of Audi A4, A5 and Q5 models. Both Tesla and Hochholdinger did not respond to requests for comment.
  
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• Hong Kong protesters urge G20 to raise plight with China

  26-06-2019 21:46 via news.yahoo.com
  Hong Kong protesters marched to major consulates on Wednesday in a call for G20 nations to confront fellow member China over sliding freedoms in the financial hub, at a weekend summit in Japan.The semi-autonomous city has been shaken by huge demonstrations this month, with protesters demanding the withdrawal of a bill that would allow extraditions to the Chinese mainland.The massive rallies are the latest manifestation of growing fears that China is stamping down on the city's unique freedoms an
  
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• Venezuela government says thwarted attempted 'coup'

  26-06-2019 21:36 via news.yahoo.com
  Venezuela's socialist government said Wednesday it has derailed an attempted coup, claiming the United States, Colombia and Chile colluded in a plot by officers to assassinate President Nicolas Maduro and install a general in his place, a minister said.Communications Minister Jorge Rodriguez said the plan involved both active and retired army officers and was to have been executed between Sunday and Monday this past weekend.
  
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• Supreme Court Rebuffs Businesses, Won't Topple Regulation Precedent

  26-06-2019 21:22 via news.yahoo.com
  (Bloomberg) -- A divided U.S. Supreme Court rejected calls by business groups to overturn two decades-old rulings that have given federal agencies broad power to interpret their own regulations.Voting 5-4 on the central issues, the court on Wednesday reaffirmed rulings from 1945 and 1997 that typically require judges to defer to an agency on the meaning of ambiguous regulations. The court limited that legal doctrine, though, laying out new guidelines for when courts should yield to agencies.Chie
  
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• John Roberts Throws the Administrative State a Lifeline

  26-06-2019 21:19 via news.yahoo.com
  While there are many cultural and political causes for the growth of the federal administrative leviathan, it could not have become so powerful without considerable assistance from the Supreme Court. The Court has created, often out of whole cloth, judicial doctrines that magnify the problem: Congress is allowed to pass laws delegating its legislative authority to the executive branch; the executive branch, in turn, is given great leeway to interpret those laws as it sees fit; similar leeway app
  
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• Trump warns any conflict with Iran 'wouldn't last long'

  26-06-2019 21:17 via news.yahoo.com
  President Donald Trump said Wednesday he does not want a war with Iran but warned that if fighting does break out, it "wouldn't last very long," even as Iran's president tried to tamp down soaring tensions.Trump also hinted that any conflict would be waged with air strikes, saying there would be no US boots on the ground.Washington has ratcheted up crippling economic sanctions on Tehran after the Islamic republic's forces shot down an unmanned US drone in the Gulf region, following a series of a
  
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• Seoul: US, N. Korea in talks to set up 3rd Trump-Kim summit

  26-06-2019 21:02 via news.yahoo.com
  North Korean and U.S. officials are holding "behind-the-scenes talks" to arrange a third summit between President Donald Trump and North Korean leader Kim Jong Un on the fate of the North's expanding nuclear arsenal, South Korea's president said, four months after a second meeting between the leaders in Vietnam collapsed without any agreement.There have been no public meetings between Washington and Pyongyang since the breakdown of the Vietnam summit.
  
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• Trump on what he tells Putin: 'It's none of your business'

  26-06-2019 20:55 via news.yahoo.com
  He would not divulge whether he will press the adversarial leader about election interference.
  
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• Russia to withdraw military 'technicians' from Venezuela on Wednesday: embassy

  26-06-2019 20:49 via news.yahoo.com
  Russia is withdrawing its military "technicians" from crisis-stricken Venezuela on Wednesday, the Caracas embassy said, as President Vladimir Putin gears up for talks with US leader Donald Trump later this week.The move comes three months after Moscow drew US ire by deploying around 100 military experts in Venezuela after Washington indicated it could use force to oust beleaguered President Nicolas Maduro, a Russian ally."The Il-62 plane which is carrying Russian technicians who have been in Ven
  
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• Conservative U.S. Justice Gorsuch again sides with liberals in criminal case

  26-06-2019 20:47 via news.yahoo.com
  The court ruled that the right of Andre Haymond to face a jury trial under the U.S. Constitution's Sixth Amendment was violated when a judge unilaterally imposed an additional prison sentence after Haymond violated the terms of his supervised release.Haymond originally was sentenced to just over three years in prison and 10 years of supervised release after being convicted by a jury in 2010 of possessing pornographic images involving children.After completing his sentence, Haymond was found in 2
  
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• Senate rejects House-backed version of border aid bill

  26-06-2019 20:39 via news.yahoo.com
  The U.S. Senate on Wednesday rejected a bill approved a day earlier by the House of Representatives that would have provided $4.5 billion to address a surge in migration at the U.S. border with Mexico, while setting new standards for the care of migrants taken into custody.Last month, President Donald Trump requested aid for programs to house, feed, transport and oversee a surge of Central American migrants seeking asylum in the United States.White House officials had said the bill would hamper
  
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• NATO weighs boost to air defenses over Russia missile system

  26-06-2019 20:33 via news.yahoo.com
  NATO is considering beefing up European air and missile defenses and ramping up its war games plans should Russia fail to respect a Cold War-era nuclear missile treaty by August, alliance Secretary General Jens Stoltenberg warned Wednesday.The United States gave notice in February of its intention to withdraw from the landmark 1987 pact unless Russia destroyed its new SSC-8 missile.NATO allies believe the system contravenes the Intermediate-Range Nuclear Forces treaty, which is considered to be
  
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• Erdogan says NATO countries shouldn't sanction each other amid row over S400

  26-06-2019 20:33 via news.yahoo.com
  President Recep Tayyip Erdogan on Wednesday said NATO countries should not place sanctions each other as the tensions with Washington mount over Ankara's deal with Russia to buy S-400 missile defence system."Do not forget that Turkey is a NATO country.America is a NATO country.
  
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• NATO weighs options to deter new Russian missile threat

  26-06-2019 20:32 via news.yahoo.com
  NATO defense ministers considered on Wednesday how to deter Russia from launching a missile attack at short notice on Europe if a landmark treaty against land-based nuclear warheads collapses next month.Barring a last-minute reversal by Russia that NATO does not expect, the United States is set to pull out of the 1987 Intermediate-range Nuclear Forces Treaty (INF) on Aug. 2 citing Russia's development of a missile that breaks the accord.
  
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• Oppo’s new messaging app doesn’t need Wi-Fi or even cellular service to send and receive messages

  26-06-2019 20:25 via news.yahoo.com
  In addition to showing off the world's first phone with a camera under the screen at MWC 2019 Shanghai, Oppo unveiled an unexpected smartphone feature, especially for a smartphone maker from China. It's called MeshTalk, and as the name hints, it lets you connect to other phones around you. There's no need for Wi-Fi, Bluetooth, or cellular service to get the job done, and it works over distances of up to 3km (1.86 miles).The nifty new technology could help you communicate with others in all sorts
  
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• "First Cut of Steel": The Navy's New Ballistic Missile Submarine Is Coming Soon

  26-06-2019 20:21 via news.yahoo.com
  Using first-of-its-kind digital modeling techniques, and advanced training, the Navy has been making rapid progress staying ahead of the original construction schedule. The ship specs are 100-percent complete, the arrangements are 97.5 percent complete and the ship disclosures are already 43-percent complete.Almost nobody knows where they are at any given time, yet nuclear-armed ballistic missile submarines quietly patrol dark domains of the undersea realm in strategically vital waters around th
  
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• Houston Texans QB Deshaun Watson takes part in life-changing activities in Israel

  26-06-2019 20:20 via news.yahoo.com
  Watson joined American Voices in Israel for their annual trip to Israel. While there, he visited several biblical sites and was baptized.
  
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• NATO agrees response to new Russia missile

  26-06-2019 20:18 via news.yahoo.com
  NATO on Wednesday agreed a package of political and military measures to boost its defences against a controversial new Russian missile system.The alliance will review its air and missile defences, along with its intelligence and surveillance programmes, unless Moscow abandons its 9M729 ground-launched cruise missiles by August 2.The US and NATO say Russia is breaching the Intermediate-Range Nuclear Forces (INF) treaty with the missile and endangering peace in Europe.
  
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• Authorities looking into missing student's dating apps

  26-06-2019 20:15 via news.yahoo.com
  Utah authorities are looking into a missing college student's dating appsafter she allegedly hopped into an unknown vehicle in North Salt Lake lastweek, according to the New York Post
  
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• Kansas man dies rescuing complete stranger from river: 'He didn't think twice'

  26-06-2019 20:12 via news.yahoo.com
  A 26-year-old good Samaritan died Friday while rescuing a woman who was sweptunderneath the rushing waters of a Missouri river
  
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• PHOTOS: Moon rock samples sealed since Apollo missions

  26-06-2019 20:11 via news.yahoo.com
  What better way to mark this summer's 50th anniversary of humanity's first footsteps on the moon than by sharing a bit of the lunar loot.
  
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• Embattled NRA Loses Its Political Power Broker on Eve of 2020

  26-06-2019 20:11 via news.yahoo.com
  (Bloomberg) -- As the National Rifle Association’s chief lobbyist, Chris Cox pumped more money into the unlikely election of Donald Trump than anyone else. Now, Cox won’t be around to oversee its effort to re-elect him.Until his resignation was made public on Wednesday, Cox had spent 17 years as the executive director of the NRA’s Institute for Legislative Action. He headed its political action committee and was the NRA’s power broker and liaison with Congr
  
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• The Latest: Envoy says Iran could soon exceed uranium limits

  26-06-2019 19:49 via news.yahoo.com
  Majid Takht Ravanchi told a U.N. Security Council meeting Wednesday that the three European countries and the United States, which pulled out of the deal, will have to "accept the full responsibility for any possible consequences" if serious steps aren't taken.Iran said on June 17 that it would surpass the deal's 300-kilogram (600-pound) limit on low-enriched uranium by Thursday, and has recently quadrupled its production.
  
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• New Mexico mother accused of boiling puppies to punishment children

  26-06-2019 19:44 via news.yahoo.com
  A mother is accused of beating and torturing her children after forcing them to watch her kill their pets as a punishment. A New Mexico couple was arrested on Tuesday after the Children, Youth and Families Department (CYFD) launched an investigation following a report that the children were not getting adequate education. According to KOB-TV,court documents state that Martha and Timothy Couch would punish the children by killing their pets. One teen girl told police, "Martha took the puppies and
  
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• ‘The river is treacherous’: the migrant tragedy one photo can't capture

  26-06-2019 19:41 via news.yahoo.com
  The father and his toddler daughter pictured face down in the river were two of dozens who drowned this year while crossing the border to seek asylum * Shocking photo of drowned father and daughter highlights migrants’ border perilUnder a hot sun beating down on the US border, a family of five can be seen mid-river, struggling against a cruel current of greenish-grey water threatening to sweep them off their feet. It appears to be a couple and their three children, risking their lives in t
  
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• 'I told him not to' go, mother of drowned Salvadoran migrant laments

  26-06-2019 19:38 via news.yahoo.com
  The mother of a Salvadoran man who drowned with his young daughter while trying to reach U.S. soil, becoming a global symbol of the perils of migration, said she had urged her son not to leave, fearing danger would meet him on the long journey north.A harrowing photograph of Oscar Alberto Martinez, 25, and his 24-month-old daughter Angie Valeria lying face down on the muddy banks of the Rio Grande river between the United States and Mexico ricocheted across social media this week.Speaking with R
  
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