Finance news

• U.S. demands $12.7 bln in judgment against 'El Chapo'

  05-07-2019 23:56 via news.yahoo.com
  U.S. authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin "El Chapo" Guzman to forfeit $12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this year.The sum represents the total amount of cocaine, marijuana and heroin that a jury found Guzman to have trafficked, multiplied by the average prices of those drugs, according to a filing by prosecutors in Brooklyn federal court.It was not immediately clear what assets, i
  
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• AOC releases plan on Twitter to address immigration crisis

  05-07-2019 23:45 via news.yahoo.com
  Rep. Alexandria Ocasio-Cortez on Wednesday released a plan to address the increasing numbers of migrants crossing the southern border, calling among other things for decriminalizing illegal border crossings.
  
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• Alaska heat wave shatters city's record, disrupts jobs and lives

  05-07-2019 23:41 via news.yahoo.com
  Temperatures in Alaska's largest city Anchorage have soared to a sweltering all-time record of 90 degrees Fahrenheit (32 centigrade) as a heat wave grips the US state which straddles the Arctic Circle."At 5pm this afternoon, Anchorage International Airport officially hit 90 degrees for the first time on record," tweeted the National Weather Service (NWS) late Thursday.The average high temperature for July 4 in Anchorage, located in southern Alaska, is a far cooler 65 degrees.
  
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• L.A. Marathon cheating scandal: 70-year-old disqualified runner found dead in L.A. River

  05-07-2019 23:27 via news.yahoo.com
  The disqualification of retired Dr. Frank Meza, who set a record time in the L.A. Marathon, sent shock waves through the running community.
  
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• Hundreds of aftershocks follow Ridgecrest earthquake, California's strongest in 20 years

  05-07-2019 23:27 via news.yahoo.com
  The Fourth of July California earthquake was followed by hundreds of aftershocks rumbling near Ridgecrest, the epicenter for the magnitude 6.4 quake
  
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• The Latest: Cline's daughter and her friend 'lit up room'

  05-07-2019 23:26 via news.yahoo.com
  A former teacher of two young women who died in a helicopter crash off the Bahamas described them as inseparable friends and caring and humble students.Steven Anderson is a social studies teacher at The Benjamin School, a prep school with campuses in south Florida.Cline was the daughter of West Virginia coal magnate Chris Cline, who was also one of the seven U.S. citizens who died when the Augusta AW139 helicopter they were aboard crashed Thursday en route from the Bahamas to Fort Lauderdale, Fl
  
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• Maduro shows military might in Independence Day celebration

  05-07-2019 23:21 via news.yahoo.com
  Venezuela's President Nicolás Maduro oversaw a grand military parade to mark the country's independence day Friday, reveling in his might as commander in chief as the embattled socialist leader comes under mounting criticism for using brutal tactics to crush his opponents.Maduro applauded and pumped his fist as soldiers marched past, tanks rolled by and fighter jets streaked overhead at a Caracas military base."We look to the heavens, asking for peace," Maduro said.
  
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• Democratic hysteria proven wrong over President Trump's patriotic 'Salute to America'

  05-07-2019 23:18 via news.yahoo.com
  Trump avoids politics, wins praise for Fourth of July speech; reaction and analysis on 'The Five.'
  
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• Is the United States Ready for a Tech War?

  05-07-2019 23:12 via news.yahoo.com
  A global “technology war” that will likely shape U.S. economic and national security well into the twenty-first century is emerging. Many technologies have become the focus of this war, with winners and losers are already beginning to emerge. At this point, the United States finds itself at a distinct disadvantage.Ironically, the seeds of this emerging conflict were inadvertently sown by the United States. The world has seen the impact of technology—how it has led to the buildu
  
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• After Losing Istanbul, Erdogan's Grip on Turkey Will Never Be the Same

  05-07-2019 23:12 via news.yahoo.com
  It was some years ago that Turkish president Recep Tayyip Erdogan coined the saying “Those who win Istanbul, win Turkey.” It was based among other things on his own political trajectory. Erdogan rose to national prominence with his election in the mid-1990s as the candidate of the then Islamist party, Refaah, as mayor of Turkey’s largest city, Istanbul. His statement must have come to haunt him on June 23 when Ekrem Imamoglu, the opposition CHP nominee, defeated his candidate f
  
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• Trump says detention facilities 'beautifully run' after report describes dangerous conditions

  05-07-2019 23:05 via news.yahoo.com
  President Donald Trump is defending border facilities used to detain undocumented immigrants after a government report cites overcrowded conditions.
  
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• Police: Security officer's gunshot warning caused stampede

  05-07-2019 23:01 via news.yahoo.com
  A stampede at a Fourth of July fireworks display that injured more than a dozen people at Chicago's Navy Pier started when a private security officer shouted for bystanders to take cover, police said Friday.Chicago police spokeswoman Kellie Bartoli said "approximately 13" people who fell or were trampled during the ruckus were hospitalized with minor injuries.The incidents happened just after 10 p.m. as thousands crowded Navy Pier on Lake Michigan's shoreline.
  
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• As Aftershocks Continue In Southern California, Families and Agencies Prepare For Potential Damage

  05-07-2019 22:58 via news.yahoo.com
  Thursday's 6.4 magnitude earthquake sparked flashbacks for a family that survived hurricane Katrina.
  
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• Prominent 2020 Democrat nominee Kamala Harris' fundraising for 2nd quarter far behind top rivals'

  05-07-2019 22:57 via news.yahoo.com
  Thanks to a breakout performance in the recent Democratic presidential nomination debates, Sen. Kamala Harris of California has been able to raise nearly $12 million in the last three months. However, this amount pales in comparison to three of her rivals for the nomination, Sen. Bernie Sanders, former Vice President Joe Biden, and South Bend, Indiana Mayor Pete Buttigieg.
  
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• Apple is reportedly working on a foldable iPad with 5G support and a massive screen

  05-07-2019 22:56 via news.yahoo.com
  2019 was supposed to be the year of the foldable, but issues with Galaxy Fold review units and a mysterious delay of Huawei's Mate X have left curious consumers in the lurch. Both of the phones will launch eventually, but it's difficult to see foldable devices establishing any kind of foothold on the market this year.That apparently hasn't scared off Apple, though, as IHS Markit analyst Jeff Lin claims that the company is developing a foldable product of its own. This isn't the first time we've
  
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• Rustic sculpture of Melania Trump unveiled near Slovenian hometown

  05-07-2019 22:52 via news.yahoo.com
  A life-size rough wooden sculpture of U.S. first lady Melania Trump was unveiled near her hometown of Sevnica in southeastern Slovenia on Friday.Commissioned by Berlin-based American artist Brad Downey and carved with a chainsaw by local folk artist Ales Zupevc, the statue serves as a - perhaps wry - accompaniment to Downey's exhibition in the capital Ljubljana exploring Melania's roots in the small Alpine country.Although the statue's face is rough-hewn and unrecognisable, the figure is shown c
  
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• RNC accused of peddling Trump-themed MAGA merchandise on the 4th of July

  05-07-2019 22:50 via news.yahoo.com
  Critics accuse the Republican National Committee on Thursday of attempting to cash in on the Fourth of July celebrations after it hawked President Trump-themed merchandise via Twitter.
  
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• President Trump calls out some members of Congress for treating Border Patrol 'badly'

  05-07-2019 22:48 via news.yahoo.com
  Arizona Republican Rep. Andy Biggs says that Border Patrol agents are being treated unfairly by some on the left.
  
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• Armed Utah teachers practice responding to school shootings

  05-07-2019 22:48 via news.yahoo.com
  Nancy Miramontes had 30 seconds to find the gunman."Nice work," a police officer told her as they exchanged high-fives in front of cardboard props representing the gunman and student.Miramontes recently joined 30 other Utah teachers at a series of trainings where police instructed them on how to respond to an active shooter.
  
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• US stocks cap milestone-setting week with modest losses

  05-07-2019 22:39 via news.yahoo.com
  Bond yields rose and stocks mostly bounced back from an early slide to finish with modest losses Friday, a downbeat end on Wall Street to an otherwise milestone-setting week for the broader market.The small decline snapped a six-day winning streak for the S&P 500, though the benchmark index still notched a weekly gain.The S&P 500 set three straight all-time highs earlier in the week, extending the market's solid gains in June into July.
  
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• U.S. Still Puzzled Over How to Add Census Citizenship Query

  05-07-2019 22:37 via news.yahoo.com
  (Bloomberg) -- The Justice Department is still searching for a way to add a citizenship question to the 2020 census, with President Donald Trump saying he might issue an executive order after the Supreme Court put his effort on hold.The administration’s uncertainty played out in tweets and court filings on Friday as government lawyers scrambled to meet a federal judge’s afternoon deadline to explain what it was planning to do.“In the event the Commerce Department adopts a new r
  
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• Heatwave and Wildfires in Alaska as Temperatures Hit 90 Degrees On Independence Day

  05-07-2019 22:36 via news.yahoo.com
  Climate scientists and meteorologists warn that high Alaska temperatures and larger fires are another sign of worsening severe weather
  
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• Anchorage reached 90 degrees on the 4th of July, shattering previous all-time record

  05-07-2019 22:35 via news.yahoo.com
  The National Weather Service confirmed that the temperature in Anchorage reached 90 degrees, breaking an all-time high that was set 50 years ago.
  
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• Trump seeks to override Supreme Court ruling on census

  05-07-2019 22:32 via news.yahoo.com
  President Donald Trump said Friday he was weighing an executive order to overcome a Supreme Court ruling blocking his administration from adding a question about citizenship to the 2020 US census, which opponents say is politically motivated.A week after the high court blocked the question and the administration announced it would accept the decision, the Justice Department also indicated Friday that it was seeking a new legal justification to add the citizenship question to the decennial nation
  
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• Families file suit in bizarre US mistaken identity case

  05-07-2019 22:16 via news.yahoo.com
  Alfonso Bennett's sisters agreed to take him off life support after doctors at Mercy Hospital in Chicago told them there was no hope for recovery.Turns out it wasn't their brother Alfonso Bennett who was dying in the hospital but an entirely different man, Elisha Brittman.The Bennett and Brittman families filed a lawsuit this week against the Chicago Police Department and Mercy Hospital in Illinois' Cook County Circuit Court claiming negligence.
  
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• Statue on Slovenia's Melania tourist trail divides opinion

  05-07-2019 22:06 via news.yahoo.com
  After Melania cake, Melania honey, and even Melania slippers, the Slovenian hometown of the US first lady will now boast a statue of its most famous daughter -- albeit one that has faced decidedly mixed reviews.The life-size statue on the outskirts of Sevnica was inaugurated on Friday and is the brainchild of 39-year-old American conceptual artist Brad Downey, who says it's the first monument anywhere dedicated to the wife of US President Donald Trump.The sculpture was carved into a tree using a
  
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• US-China trade officials aim to talk next week, officials say

  05-07-2019 22:05 via news.yahoo.com
  US and Chinese officials are working to schedule a top-level trade talks by telephone next week but a face-to-face encounter has not been scheduled yet, US officials said Friday."I don't know if that's this coming week.
  
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• Texas police believe they have found ice cream licker from viral video

  05-07-2019 21:53 via news.yahoo.com
  Blue Bell Creameries has removed all half-gallon containers of "Tin Roof" from a Walmart in Lufkin, Texas, police said.
  
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• UN condemns attack on migrants, calls for Libyan cease-fire

  05-07-2019 21:50 via news.yahoo.com
  The U.N. Security Council on Friday called on Libya's warring parties to urgently de-escalate fighting and commit to a cease-fire, and it condemned a deadly attack on a detention center for migrants near the capital Tripoli.The U.N.'s most powerful body also called on the parties to rapidly return to U.N.-mediated political talks.The statement was spurred by Tuesday night's airstrike on the detention center in Tajoura, which the council said killed 53 people and injured over 130 others.
  
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• Did You Have Fun on the 4th? J.Lo, Chrissy Teigen, John Legend, and Gwyneth Paltrow Sure Did

  05-07-2019 21:48 via news.yahoo.com
  Over 250 years ago, our founding fathers took over the airports and signed the Declaration of Independence, promising life, liberty, and the pursuit of happiness to future Americans. This year, a bevy of celebrities have honored that mission by having tons of fun on vacation—and gleefully documenting it online for us all to see. Beyoncé, Taylor Swift, and More Stars in Stars and Stripes for July 4th!Not every star-studded Fourth of July is created equally. From the Italian Rivi
  
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• Kamala Harris Says She Raised Nearly $12 Million in Second Quarter

  05-07-2019 21:46 via news.yahoo.com
  (Bloomberg) -- Presidential hopeful Kamala Harris raised nearly $12 million in the second quarter, her campaign said Friday.The figure puts the Californian senator fourth among Democratic candidates who’ve released April-June figures so far. South Bend, Indiana, Mayor Pete Buttigieg is the surprise leader with $24.8 million after beginning his campaign with little name recognition. Former Vice President Joe Biden raised $21.5 million since entering the race in late April, and Vermont Senat
  
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• Elizabeth Warren proposes plan to take on pay and leadership gap for women of color

  05-07-2019 21:39 via news.yahoo.com
  Warren published a proposal that would take on the wage and leadership gap by denying contracts to companies with poor records on diversity and equality.
  
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• Thousands will ride to honor 7 bikers killed in crash

  05-07-2019 21:36 via news.yahoo.com
  Thousands of motorcyclists will rumble across New Hampshire roadways Saturday to honor seven bikers killed in a collision with a pickup truck last month.Organizers of the Ride For the Fallen 7 said the event started out as a way for some motorcyclists to remember the bikers with a ride to the crash site in Randolph."The biggest reason for the turnout is that it affected two core communities — the biker community and the military community.
  
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• Mackenzie Lueck case: Body of missing college student recovered from Utah's Logan Canyon, police say

  05-07-2019 21:34 via news.yahoo.com
  The body of Mackenzie Lueck, a University of Utah student from Southern California, has been found a week after a man was arrested on suspicion of her murder.
  
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• Study: Climate change can be reversed by planting a forest 2 times the size of the U.S.

  05-07-2019 21:28 via news.yahoo.com
  A new study suggests that human beings could save themselves from the worst ravages of climate change by planting a forest nearly double the size of the area of the United States.
  
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• Democrat Klobuchar announces plan to help U.S. teachers and students

  05-07-2019 21:24 via news.yahoo.com
  Democratic presidential candidate Amy Klobuchar rolled out a plan on Friday to provide additional resources for America's public school teachers and students as she and her rivals seek the support of teachers' unions.Klobuchar, a U.S. senator from Minnesota whose mother was a teacher, was due to announce a plan that provides federal funding for states that take certain actions, including increasing teacher pay.Klobuchar was due to announce her plan at a forum in Houston, Texas, held by the Natio
  
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• Utah police say body of slain college student recovered

  05-07-2019 21:19 via news.yahoo.com
  The body of a murdered college student has been recovered in a Utah canyon about 85 miles away from a backyard in Salt Lake City where other remains were found last week, Utah police said Friday.
  
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• Biden says he was surprised by Harris attack at Democrats' debate

  05-07-2019 21:02 via news.yahoo.com
  Former US vice president Joe Biden said in an interview broadcast on Friday that he had not expected Senator Kamala Harris to confront him on racial issues during their 2020 Democratic presidential candidate debate."I was prepared for them to come after me, but I wasn't prepared for the person coming at me the way she came," Biden told CNN in a reference to Harris.Harris notably accused Biden, a former senator from Delaware, of opposing the busing of black students to schools in white neighborho
  
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• Google found a crazy iMessage bug that bricks iPhones, but you’re probably safe

  05-07-2019 21:00 via news.yahoo.com
  Type a particular string of characters into an iMessage and send it to someone else, and strange things could happen. We've seen these accidental discoveries time and time again in the past when users found character combinations that would render an iPhone useless. Apple is typically quick to patch these bugs and has done it again, this time with an issue that Google researchers discovered. Received in iMessage, a specific set of characters can do the unthinkable to your iPhone, and that is to
  
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• Beloved female football player, 17, killed by drunk driver in Florida

  05-07-2019 21:00 via news.yahoo.com
  A beloved member of a Florida high school football team who planned on joiningthe Marines after graduating was hit and killed by a drunk driver while ridingher bike last weekend
  
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• California has the biggest earthquake in 20 years: is it getting close to 'The Big One'?

  05-07-2019 20:59 via news.yahoo.com
  Southern California residents awoke on Friday morning to a strong aftershock from the most powerful earthquake to hit the region in 20 years, which was felt by more than 20 million people.  There have already been more than 80 smaller aftershocks since Thursday's 6.4 magnitude quake near the city of Ridgecrest, which was felt from Los Angeles to Las Vegas, seismologist Lucy Jones said. The 5.4 magnitude aftershock, the biggest so far, struck the same desert region as Thursday's ea
  
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• U.N. council pushes Libya truce, tells other countries to stay out

  05-07-2019 20:55 via news.yahoo.com
  The United Nations Security Council on Friday condemned a deadly air strike on a migrant detention center in Libya, called for the warring parties to commit to a ceasefire and urged other countries not to intervene or exacerbate the conflict.
  
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• The Latest: Warnings over possible gunman caused panic

  05-07-2019 20:54 via news.yahoo.com
  Chicago police say a 4th of July stampede at Navy Pier that injured more than a dozen people started when private security officers who might have mistaken a firecracker for gunfire warned bystanders to take cover.Fred Waller is Chicago Police chief of patrol.Waller says nearby city police officers searched the area according to protocol for a shooting incident.
  
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• Libya Uncovers Alleged Russian Plot to Meddle in African Votes

  05-07-2019 20:47 via news.yahoo.com
  (Bloomberg) -- Libyan security forces have arrested two men accused of working for a Russian troll farm seeking to influence elections in the oil exporter and other African countries.A letter from the state prosecutor of the internationally-backed Tripoli government to a Libyan security chief said the men were involved in “securing a meeting” with Saif al-Islam al-Qaddafi, the fugitive son of the ousted dictator and a potential presidential candidate who enjoys the backing of some of
  
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• Kamala Harris raises nearly $12 million in second quarter

  05-07-2019 20:44 via news.yahoo.com
  Harris raised $2 million alone in the 24 hours after the first presidential debate last week.
  
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• 2020 Democrats see opportunity on foreign policy

  05-07-2019 20:44 via news.yahoo.com
  Some of the leading Democrats in the 2020 presidential contest are working to strengthen their foreign policy bona fides, eager to address their own inexperience on national security matters and draw a contrast with President Donald Trump's unpredictable approach to trouble spots overseas.Vermont Sen. Bernie Sanders is considering a trip abroad.California Sen. Kamala Harris' growing foreign policy team is highlighting her access to the nation's most guarded secrets as a member of the Senate Inte
  
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• US lawmakers again urge sanctions over China's Xinjiang crackdown

  05-07-2019 20:42 via news.yahoo.com
  US lawmakers on Friday renewed their call for sanctions against China's top official in the Xinjiang region on the anniversary of riots that left nearly 200 dead.China cracked down hard after the July 5, 2009 rampage in Urumqi, the region's capital.More than 40 US lawmakers across the political spectrum on April 3 called on the Trump administration to slap sanctions on Chen Quanguo, the Communist Party secretary in Xinjiang.
  
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• Marathoner Accused of Cheating Found Dead in L.A. River

  05-07-2019 20:40 via news.yahoo.com
  Jerod Harris/GettyA veteran marathoner who had been dogged by accusations of cheating that he steadfastly denied was found dead in the Los Angeles River on Thursday, according to authorities and his family.A cause of death has not been determined for Frank Meza, 70, a doctor who had been disqualified from the Los Angeles Marathon just days earlier.His wife, Tina, told The Daily Beast that he had been devastated by the allegations that he had cut the course in several races.“Running was ver
  
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• Anchorage roasts as heat records break across Alaska

  05-07-2019 20:36 via news.yahoo.com
  The latest heat wave to bake a part of the globe is underway in Alaska where several locations, including Anchorage, broke single-day records for high temperatures. According to the National Weather Service (NWS), Anchorage had its first-ever recorded temperature of at least 90 degrees on Thursday, breaking the previous record of 85 degrees, which was set 50 years ago. > The 4thofjuly2019 was one for the books. Several ALL-TIME high temperature records were set at official observati
  
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• Melania Trump: ‘Disgraceful’ wooden statue of first lady prompts complaints in Slovenia

  05-07-2019 20:35 via news.yahoo.com
  A wooden statue of Melania Trump has reportedly been erected in the first lady’s home country of Slovenia, despite criticism from locals. The conceptual statue — which depicts Ms Trump standing in the blue outfit she wore to her husband’s inauguration in 2016 — was commissioned by US artist Brade Downey and created by artist Ales Zupevc, known as Maxi, according to ITV.The life-sized statue is planted atop a wooden plank with shrubbery in a field near her hometown of Sevn
  
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