Finance news

• Biden Explains Delay in Apologizing for Segregationist Comments

  07-07-2019 23:24 via news.yahoo.com
  (Bloomberg) -- Democratic presidential front-runner Joe Biden said he waited more than two weeks to apologize for comments about segregationist senators because he hadn’t had a chance to do so, even though the delay kept the controversy alive and might have cost him in some polls.The former vice president addressed the issue directly on Saturday because it was “the first opportunity I had to do it in a fulsome way,” he told reporters Sunday, explaining that he wanted to speak i
  
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• Trump attacks Britain’s ambassador in Washington after leaked memo branded president ‘dysfunctional’

  07-07-2019 23:09 via news.yahoo.com
  Donald Trump has responded to the UK ambassador in Washington’s leaked memos, saying Sir Kim Darroch “has not served the UK well”.In the highly sensitive documents, Sir Kim described the White House as “incompetent” and “inept”, writing: “We don’t really believe this administration is going to become substantially more normal.”Speaking to reporters in New Jersey on Sunday, Mr Trump said: “The ambassador has not served the UK well,
  
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• Couple Forced to Give Up Babies After Embryo Mixup, Lawsuit Says

  07-07-2019 22:54 via news.yahoo.com
  Michael Dalder/ReutersA Queens couple who tried to conceive through IVF says in a lawsuit that the fertility clinic accidentally transferred embryos from two other couples—and they had to give up the babies once they were born.The mind-boggling mixup, which resulted in a mom desperate for her own kids serving as an unwitting surrogate for others, happened at Comprehensive Health for All Medical Group in Los Angeles, the court papers allege.CHA, which had branded itself a “mecca of re
  
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• Malta to relocate 65 migrants after rescue ships defy Italy ban

  07-07-2019 22:53 via news.yahoo.com
  Malta's prime minister said Sunday his country would relocate to other EU nations 65 migrants from the Alan Kurdi rescue ship, after two other boats defied efforts to stop them landing in neighbouring Italy.All 65 were transferred to a Maltese navy ship on Sunday evening, the German charity Sea-Eye which operates the boat said in a statement, adding that its vessel had been refused entry to Valetta port.Premier Joseph Muscat tweeted earlier that "following discussions with the EU Commission and
  
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• Ex-GOPer Amash doubles down on call for Trump impeachment

  07-07-2019 22:48 via news.yahoo.com
  Days after declaring his independence from his Republican Party, Rep. Justin Amash reaffirmed his belief that “there's a strong case” to bring up articles of impeachment against President Trump.The newly independent Michigan lawmaker, who was the only GOP member to call for impeachment proceedings after Robert Mueller's report was released, said House Speaker Nancy Pelosi, D-Calif., was making a mistake in not moving forward.From a strategic position, she's making a mistake,&rdq
  
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• Earth is still rumbling, but worst should be over for California quakes

  07-07-2019 22:47 via news.yahoo.com
  The Mojave Desert shuddered and rumbled Sunday, but experts tried to ease fears that another massive quake would soon slam south-central California.
  
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• 13 Nigeria civilians killed in air raid targeting jihadists: sources

  07-07-2019 22:13 via news.yahoo.com
  At least 13 civilians were killed in an air raid as the military repulsed a jihadist assault in northeast Borno state, residents and a security source said Sunday.Multiple inhabitants of Gajiganna village, 50 kilometres (30 miles) from state capital Maiduguri, told AFP a military jet on Tuesday targeted jihadists from the Islamic State West Africa Province (ISWAP) after they attacked a nearby military base.The Nigerian air force, however, said it had no reports of civilian casualties.
  
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• Governor estimates California quake toll at $100 million, says poor have been hit hardest

  07-07-2019 22:04 via news.yahoo.com
  Although Californians are on the path to recovery, deeper devastation - in economic recovery - has already taken root.
  
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• What Has Become of Abdul-Salaam Ojeili's Syria

  07-07-2019 21:59 via news.yahoo.com
  Following a stalemate that had lasted, imperfectly, from September 2018, the Syrian government and their Russian allies launched a campaign in early May against opposition-held territory in Syria’s northwest. If a larger campaign against Idlib province is coming, then it could be the death knell for the Syrian opposition as a force within the country’s borders. Aside from the significant territory east of the Euphrates controlled by the Kurdish-led Syrian Democratic Forces (SDF), and
  
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• UK ambassador called Trump administration 'clumsy and inept'

  07-07-2019 21:47 via news.yahoo.com
  Britain's ambassador to the United States described the Trump administration as "diplomatically clumsy and inept" and said he doubted it would become "substantially more normal," according to a leaked diplomatic cable published Sunday. The memo was one of several leaked documents published by the Mail on Sunday in which Ambassador Kim Darroch made highly negative statements about the government of Britain's closest ally.
  
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• Prominent Detroit priest removed from pulpit

  07-07-2019 21:37 via news.yahoo.com
  The Roman Catholic Archdiocese of Detroit said Sunday that it removed a prominent priest from public ministry after reviewing what it described as a "credible allegation" that he had sexually abused a child decades ago.The Rev. Eduard Perrone was suspended from ministry Friday, a month after The Associated Press began asking the pastor himself, the archdiocese and law enforcement authorities about a former altar boy's allegations that Perrone had groped him.Archdiocese officials told Perrone's c
  
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• Starbucks apologizes to Tempe police after evicting six officers, trying to quell firestorm

  07-07-2019 21:36 via news.yahoo.com
  Starbucks has issued a formal apology to an Arizona police force after six officers were kicked out of a Tempe coffee shop on Independence Day.
  
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• WeWork looking to raise up to $4 billion in debt ahead of IPO: source

  07-07-2019 21:24 via news.yahoo.com
  The potential debt offering underscores the extent to which the disappointing public market debuts for Uber Technologies Incand Lyft Incprompted other loss-making start-ups with lofty valuations looking to go public to reassess their plans.Uber and Lyft went public earlier this year with high expectations but both faced criticism from investors about their steep losses and lack of a timetable to reach profitability.A substantial debt offering could allow it to pitch itself to potential investors
  
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• Oil Minister Zanganeh says hopeful Iran's oil exports will improve: TV

  07-07-2019 21:12 via news.yahoo.com
  Iran's Oil Minister Bijan Zanganeh said on Sunday that he was very hopeful of an improvement in the country's crude exports, state TV reported, in spite of tightened U.S. sanctions on Tehran's main source of income."I am very hopeful that our oil exports will improve," Zanganeh told state TV, adding that the price of oil was not Iran's main concern."What matters now for Iran is the amount of oil that we can export," Zanganeh said.
  
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• Starbucks set to meet with Tempe's Police chief

  07-07-2019 21:00 via news.yahoo.com
  Starbuck corporate headquarters calls the treatment of Tempe Police officers 'unacceptable.'
  
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• Newt Gingrich calls out Alexandria Ocasio-Cortez in new op-ed

  07-07-2019 20:54 via news.yahoo.com
  Former House Speaker Newt Gingrich calls the left's border tactics vicious and cruel.
  
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• Trona, California, was trying to bounce back. Then an earthquake hit. Then a bigger one.

  07-07-2019 20:42 via news.yahoo.com
  "If we have another quake, I am not going to have a house," said a resident coping with damage in the 1,500-person town of Trona, California.
  
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• House Speaker Nancy Pelosi calls out the left wing of her party in a New York Times interview

  07-07-2019 20:33 via news.yahoo.com
  New York Democrat Rep. Alexandria Ocasio-Cortez fires back at Pelosi in a tweet.
  
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• 'She Is Making a Mistake': Rep. Justin Amash Says Nancy Pelosi Should Move Forward on Impeachment

  07-07-2019 20:22 via news.yahoo.com
  The statements come days after Amash announced he was leaving the Republican Party
  
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• Boston suburb reflects broad changes in US immigration

  07-07-2019 20:03 via news.yahoo.com
  Guatemalan bakeries, Honduran restaurants and Salvadoran markets are joining an already ethnically diverse mix of businesses in downtown Chelsea, a tiny industrial city across the Mystic River from Boston.Among them is Catracho's, a modest Honduran eatery recently purchased by Johanna Mateo, who was born in New York and raised in Honduras until she was 12, when she joined her older sister in Chelsea."I always wanted to reinvest in Chelsea," said Mateo, 27, who plans to expand to a vacant storefr
  
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• Top Secret: We Can Now Show You Inside the Cockpit of a B-2 Stealth Bomber

  07-07-2019 20:00 via news.yahoo.com
  For the first time in the 30-year history of the Air Force’s B-2 stealth bomber program, video footage recently filmed in a B-2A “Spirit” stealth bomber cockpit while in flight is available for viewing at Defense News.  Additional footage of the B-2 cockpit in-flight, as well as cockpit photographs are also available at JeffBolton.org.A product of Dallas-based film producer and radio personality Jeff Bolton, the historic video in this post shows the ful
  
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• Second son dies a week after mother's drowning attempt, deputies say

  07-07-2019 19:42 via news.yahoo.com
  A 7-year-old boy has died a week after his mother is accused of trying to drown him and his 12-year-old brother, the Tulare County sheriff's office says.
  
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• Florida man found dead with 100 dog bites after he took a shortcut home

  07-07-2019 19:42 via news.yahoo.com
  Authorities say a man in Florida was killed by a pack of dogs who bit him more than 100 times as he took a shortcut to gt home.
  
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• Amash says Pelosi wrong on impeachment – and does not rule out White House run

  07-07-2019 19:42 via news.yahoo.com
  * Michigan congressman has left Republican party* Robert Reich: This is Trump and the oligarchs vs the restRepresentative Justin Amash announced on 4 July that he is quitting the party to become an independent. Photograph: J Scott Applewhite/APHouse speaker Nancy Pelosi is making a moral and strategic mistake by refusing to bring formal articles of impeachment against Donald Trump, the only Republican in Congress to back such proceedings said on Sunday.The Michigan representative Justin Amash is
  
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• Organs of executed prisoners in Iran could be sold under new law

  07-07-2019 19:36 via news.yahoo.com
  A new law in Iran could see the organs of convicts on death row pre-sold to buyers if the prisoners agree before their executions.  Reports suggested that under the new head of the Iranian judiciary, Ebrahim Raeesi, an article in the criminal justice laws has been included which says: "If a convict voluntarily offers his or her organ before or after execution and no medical obstacle is offered, then the judge can approve this in coordination with the ministry of justice and the coroners&rsq
  
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• Photographed: The U.S. Air Force’s Secretive Robot X-37B Space Shuttle

  07-07-2019 19:29 via news.yahoo.com
  A Dutch skywatcher achieved a rare feat in late June and early July 2019. Using a 10-inch-diameter telescope fitted with a camera, Ralf Vandebergh photographed the U.S. Air Force's secretive X-37B space plane in mid-mission 210 miles over Earth’s surface."We can recognize a bit of the nose, payload bay and tail of this mini-shuttle, with even a sign of some smaller detail," Vandebergh told Space.com.Vandebergh had been hunting for the robotic spacecraft for months and finally managed to tr
  
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• Police officers praised after paying for woman's groceries instead of arresting her for shoplifting

  07-07-2019 19:22 via news.yahoo.com
  Three New York City Police Department (NYPD) officers have been praised after they paid for a woman’s groceries when she was caught attempting to steal the goods.The moment at a Manhattan Whole Foods was captured by a fellow shopper, who snapped a photo and posted it on Twitter.The image shows the woman burying her head in her hands, while the three officers stand around her at the cash register, paying for the food."I know that the police make split second decisions each day, so for the p
  
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• PIC's Matjila to Say He Was Ousted to Facilitate Edcon Rescue

  07-07-2019 19:08 via news.yahoo.com
  (Bloomberg) -- Daniel Matjila, the ousted chief executive officer of Africa’s biggest fund manager, is expected to say his opposition to funding the rescue of a clothing retailer ahead of national elections was one of the reasons he was dismissed.Matjila is scheduled to begin testimony to a special commission of inquiry on Monday that will include his assertion that the rescue of Edcon Holdings Ltd., which supports 140,000 jobs through direct employment and its supply chains, didn’t
  
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• Democrat Buttigieg announces minority-focused small business investment plan

  07-07-2019 19:08 via news.yahoo.com
  Joining several other Democrats targeting black voters this weekend with economic proposals, presidential hopeful Pete Buttigieg released a policy on Sunday aimed at helping minorities start businesses.Buttigieg, the mayor of South Bend, Indiana, announced the proposal at Essence Festival, a gathering of thousands of black women organized by Essence magazine.Black voters have played a critical role in the Democratic primary process, and winning the party's nomination would be unlikely without th
  
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• Fresh clashes in Hong Kong after huge march to China station

  07-07-2019 19:04 via news.yahoo.com
  Fresh political violence broke out in Hong Kong on Sunday night as riot police baton-charged anti-government protesters seeking to keep the pressure up on the city's pro-Beijing leaders, after a mass rally outside a train station linking the finance hub to mainland China.Hong Kong has been rocked by a month of huge marches as well as separate violent confrontations with police involving a minority of hardcore protesters, sparked by a law that would have allowed extraditions to mainland China.Sun
  
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• Bill Gates explains why he couldn’t duplicate Steve Jobs’ magic ‘spells’

  07-07-2019 19:04 via news.yahoo.com
  Bill Gates would like you to know that the reason his late rival was able to resuscitate Apple and take the iPhone maker from near-death to being the most valuable company in the world is that Steve Jobs was so successful at making people believe in an idea. Or, as Gates puts it, that Jobs was so good at "casting spells."You get it, right? It's an uncommonly fantastical metaphor to hear from the Microsoft co-founder, who can get pretty wonky and technical in his description of these kinds of thi
  
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• Hong Kong Protesters Take Message to Mainlanders in New March

  07-07-2019 19:00 via news.yahoo.com
  (Bloomberg) -- Thousands of demonstrators chanting slogans marched through one of Hong Kong’s busiest tourist districts, the latest demonstration in a mass protest movement triggered by a proposed law that would allow extraditions of criminals to mainland China for the first time.The marchers walked through the pedestrian-heavy Tsim Sha Tsui area on a rainy Sunday toward the city’s new high-speed rail station to China. By evening they had reached the main entrance, which had been clo
  
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• Deutsche Bank says to slash 18,000 jobs by 2022

  07-07-2019 18:55 via news.yahoo.com
  Germany's biggest lender Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, as the former leading light of the country's financial sector looks to escape years of turmoil.The slashing of around one in five of its workforce, to 74,000 employees, is an unprecedented round of departures for Deutsche.The bank said the layoffs would reduce annual costs by six billion euros ($6.7 billion) over the same period.
  
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• UPDATE 1-Greek conservatives to win snap election, unseat leftists - exit poll

  07-07-2019 18:16 via news.yahoo.com
  Greek opposition conservatives held a strong lead over ruling leftist Syriza in snap elections on Sunday, a joint exit poll by five private TV stations showed.New Democracy was on course to win 38-42% of the vote, exit polls showed with 80% of the responses counted.New Democracy, led by 51-year-old Kyriakos Mitsotakis, promised austerity-worn Greeks tax relief, stronger growth and a pro-investments stance.
  
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• Manhunt launched after five bodies found in Missouri apartment

  07-07-2019 18:15 via news.yahoo.com
  Five people were found dead at an apartment in St Louis, Missouri, prompting police to appeal to the local community for help.The victims’ bodies were discovered after a friend of the group returned to the building in the north of the city at around midday on Saturday.All five are adults but detectives did not release any information about their ages, genders or causes of death.“We can tell they are homicides,” said St Louis County police officer Tracey Panus outside the scene
  
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• California governor says earthquakes are a 'wake-up call'

  07-07-2019 18:14 via news.yahoo.com
  The two major earthquakes that hit Southern California should alert people across the nation of the need to be prepared for natural disasters, the state's governor said as officials expressed relief that the damages weren't worse. Gov. Gavin Newsom said Saturday that governments must strengthen alert systems and building codes, and residents should make sure they know how to protect themselves during an earthquake. "It is a wake-up call for the rest of the state and other parts of the nation, fr
  
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• California Gov. Newsom says earthquakes are a 'wake-up call'

  07-07-2019 18:13 via news.yahoo.com
  The two major earthquakes that hit Southern California should alert people across the nation of the need to be prepared for natural disasters, the state's governor said as officials expressed relief that the damages weren't worse.
  
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• Facebook Libra digital currency will carry hidden costs

  07-07-2019 18:10 via news.yahoo.com
  When Facebook announced its intention to get into the money business, we wondered what would be next. Its own court system? An army?: Our view
  
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• Ocasio-Cortez responds after Pelosi dismisses young House progressives

  07-07-2019 18:03 via news.yahoo.com
  New York Rep. Alexandria Ocasio-Cortez fired back at House Speaker Nancy Pelosi who dismissed her and other progressives who voted against their chamber’s bill to send $4.6 billion in emergency aid to the U.S. southern border."All these people have their public whatever and their Twitter world," Pelosi said, according to the New York Times.Ocasio-Cortez was one of four freshman House Democrats to vote against Pelosi’s border aid bill in late June and was joined by Ayanna Pressle
  
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• F-22s vs. F-35s: Who Wins When the 2 Deadliest Stealth Fighters Fight?

  07-07-2019 18:00 via news.yahoo.com
  Two F-22s from the 95th Fighter Squadron flew to Orland Air Base, Norway, Aug. 15, for a one-day exercise with Norwegian F-35s.The two U.S. F-22s are among 13 in Europe for a series of short-term deployments in places such as Greece and Poland, with further training missions planned in undisclosed locations in coming days.As reported by Reuters, Colonel Leslie Hauck, chief of the fifth generation integration division at the U.S. Air Force’s headquarters in Europe, said that even
  
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• Media denounce border crisis

  07-07-2019 17:54 via news.yahoo.com
  Trump says migrants have it 'far better now.'
  
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• Trump frightens Republicans but 'doesn't scare me,' departing party congressman Amash says

  07-07-2019 17:51 via news.yahoo.com
  Representative Justin Amash, who quit the party last week, told CNN that Republican lawmakers fear being singled out by fellow Republican Trump for personal, nasty attacks and that keeps them silent about Trump's conduct.Amash's decision to speak out about Trump after U.S. Special Counsel Robert Mueller’s report in May on Russian interference in the 2016 presidential election drew the president’s fury and a prompt Republican primary challenge for the district in Michigan that he has
  
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• President Trump Invited a Cartoonist Known for 'Anti-Semitic' Images to a White House Social Media Summit

  07-07-2019 17:47 via news.yahoo.com
  A 2017 cartoon was slammed by the Anti-Defamation League for anti-Semitic imagery
  
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• Thomas Markle wishes Archie 'health and happiness' from afar, as Prince Harry and Meghan's friends rally for secretive christening operation

  07-07-2019 17:46 via news.yahoo.com
  The Duchess of Sussex’s estranged father has wished his grandson “health and happiness” from afar, as Archie Mountbatten-Windsor's family and new godparents rallied around a remarkably secretive operation for his christening. Thomas Markle, who has never met either his son-in-law the Duke or his baby grandson, said he would have “enjoyed” seeing Archie being welcomed into the Church of England had he been invited.  The Duchess’ mother, Doria Ragland who s
  
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• Jim Beam bourbon warehouse fire still burning Thursday more than 42 hours after it started

  07-07-2019 17:45 via news.yahoo.com
  The Woodford County Fire Department is waiting to extinguish the Jim Beam warehouse fire "because of the environmental consideration."
  
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• FACTBOX-Deutsche Bank takes an axe to investment bank

  07-07-2019 17:26 via news.yahoo.com
  Deutsche Bank said on Sunday that it would make major cutbacks to its investment bank.Deutsche Bank will exit its equities sales and trading business, which in 2018 bought in 1.96 billion euros ($2.20 billion) in revenue, but will retain a small equity capital markets business.In total the bank plans to shrink the amount of risk weighted assets allocated to its trading operations by around 40%.
  
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• How Bernie Sanders is trying to walk the fine line between warring Democrats, split Republicans and a divided America

  07-07-2019 17:15 via news.yahoo.com
  Bernie Sanders was elected to the House in 1990 after branding himself an outsider and defying calls to join a Democratic Party he had long bashed as “ideologically bankrupt.”Nonetheless, Mr Sanders, a democratic socialist who won Vermont’s lone House seat as an independent, quickly sank into a funk when Democratic conservatives circulated a list of nasty things he had said about them over the years — ostracising him from their caucus and blocking his committee assignment
  
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• Border agency knew of troubling Facebook posts in 2016: acting secretary

  07-07-2019 17:11 via news.yahoo.com
  U.S. Department of Homeland Security officials knew in 2016 about a private Facebook group where border agents posted racist and misogynistic comments, acting DHS Secretary Kevin McAleenan said on Sunday.The Customs and Border Protection (CBP) service came under fire over the issue last Monday, when the nonprofit news site ProPublica reported that offensive content had been posted on a private Facebook group for current and former CPB officers.McAleenan said the Facebook page was a private site
  
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• Starbucks apologizes to Tempe police after evicting six officers, quells firestorm

  07-07-2019 17:10 via news.yahoo.com
  Starbucks has issued a formal apology to an Arizona police force after six officers were kicked out of a Tempe coffee shop on Independence Day.
  
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• Make your Instant Pot feel like new with this 12-piece accessory set, on sale today for $25

  07-07-2019 16:34 via news.yahoo.com
  Looking for a way to make your Instant Pot even more versatile than it already is? We have just the thing. The Tecvinci 12 Pcs Accessories Set is compatible with every Instant Pot model with a capacity between 5 quarts and 8 quarts. It has a bunch of different items that bring new functionality to your Instant Pot -- our favorite is the silicone egg mold -- and it's on sale today for $24.99!Here are the bullet points from the product page:* PERFECT INSTANT POT SET: Our product comes in a full ki
  
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