Finance news

• Feds: Epstein Has Been Paying Off Alleged Accomplices

  12-07-2019 23:58 via news.yahoo.com
  Stephanie Keith/GettyFederal prosecutors said Friday that accused sex-trafficker Jeffrey Epstein should stay locked up until trial because he’s willing to use “intimidation and aggressive tactics”—including recently wiring $350,000 to former accomplices.“Epstein’s efforts to influence witnesses continue to this day,” the U.S. Attorney’s Office said Friday evening in a court filing in response to the financier’s request to be released on bail.
  
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• The Latest: New Orleans residents prepare for Barry landfall

  12-07-2019 23:54 via news.yahoo.com
  New Orleans residents are stocking up on supplies as many plan to heed city officials' advice to "shelter in place" ahead of Tropical Storm Barry's arrival.The strengthening storm is expected to blow ashore early Saturday near Morgan City, about 70 miles (113 kilometers) southwest of New Orleans.The statement says relief items will be delivered directly to New Orleans.
  
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• United to cancel 8,000 flights due to grounded Boeing jets

  12-07-2019 23:51 via news.yahoo.com
  United Airlines now expects to cancel more than 8,000 flights through October because of the grounding of its Boeing 737 Max planes.
  
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• New Mexico AG wants new sex offender law amid Epstein probe

  12-07-2019 23:46 via news.yahoo.com
  New Mexico's attorney general wants to change a law that allowed billionaire businessman Jeffrey Epstein to avoid registering as a sex offender in the state, where authorities say they are interviewing possible victims that visited his sprawling, secluded ranch south of Santa Fe.Attorney General Hector Balderas said Friday he will renew his push for legislation that would require anyone with a sex trafficking conviction to register as a sex offender in New Mexico.Similar legislation to expand th
  
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• Sandy Hook parents lose state court appeal against Newtown over school shooting

  12-07-2019 23:37 via news.yahoo.com
  A Connecticut state appeals court has rejected an appeal by the parents of two shooting victims of the 2012 Sandy Hook massacre to hold the town of Newtown and its school district liable.While calling the case "undeniably tragic," the appeals court ruled 3-0 on Friday against the parents of Jesse Lewis and Noah Pozner, and agreed with a lower court judge that governmental immunity shielded the defendants."It is clear that the adoption of the school security guidelines by the defendants was an ac
  
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• 27 Republicans just joined Democrats to block Trump from going to war with Iran without congressional approval

  12-07-2019 23:26 via news.yahoo.com
  "This is the only way to stop Trump from starting another costly war. Constitutional rights aren't optional and endless war isn't inevitable."
  
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• Tropical Storm Barry is expected to make landfall tomorrow morning as a hurricane. Here's where the storm's path is heading.

  12-07-2019 23:24 via news.yahoo.com
  Tropical Storm Barry is headed toward Louisiana. It's expected to make landfall tomorrow morning, then head north toward Arkansas and beyond.
  
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• Trump Calls on Congress to Pass USMCA Over Democrats’ Objections

  12-07-2019 23:19 via news.yahoo.com
  (Bloomberg) -- President Donald Trump told Congress to approve his trade agreement with Mexico and Canada, saying it would bring jobs to the U.S. and stop factories from leaving.“I’m calling on Congress to pass the USMCA,” Trump told an audience in Milwaukee on Friday, referring to the trade pact. “Every day that goes by it gets more and more political.”Democrats haven’t yet signed onto Trump’s U.S.-Mexico-Canada Agreement, which would replace the North
  
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• US deciding how to punish ally Turkey over Russian arms deal

  12-07-2019 23:17 via news.yahoo.com
  The U.S. edged closer to crisis Friday with NATO ally Turkey, which began receiving components of a Russian-made air defense system in defiance of Trump administration warnings that the deal would mean economic sanctions and no access to America's most advanced fighter jet.Despite the warnings, the administration was publicly silent on how it would respond to Turkey's announcement Friday that it received the first shipment of the S-400 system."That a NATO ally would choose to side with Russia an
  
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• Amazon CTO Werner Vogels shared a powerful response to the ongoing protests of the company's involvement with ICE

  12-07-2019 23:17 via news.yahoo.com
  Werner Vogels, the CTO of Amazon, shared some very personal family history in response to the protesters.
  
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• Police ID pregnant woman, 9-year-old son killed in flash flooding in Pennsylvania

  12-07-2019 23:10 via news.yahoo.com
  Police have identified the pregnant woman and her 9-year-old son who were killed as severe storms hit Berks County, Pennsylvania Thursday night.
  
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• Washington AG opens inquiry into NRA's financial affairs

  12-07-2019 22:49 via news.yahoo.com
  The attorney general for Washington D.C. has issued subpoenas to the National Rifle Association and its related charitable foundation as part of an investigation into allegations of financial misconduct inside the powerful gun lobbying organization.The subpoenas add to a host of difficulties for the NRA, which is facing internal turmoil and multiple external inquiries as it gears up for a 2020 election push in support of President Donald Trump.Attorney General Karl Racine said in a statement tha
  
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• Magnitude 4.9 aftershock hits near California town rocked by big quakes

  12-07-2019 22:47 via news.yahoo.com
  A magnitude 4.9 aftershock struck on Friday roughly 5 miles east of the remote California town of Ridgecrest, which was rocked by a pair of major earthquakes over the past week, according to the U.S. Geological Survey.There were no reports of damage or injuries in Friday's temblor, which occurred at 6:11 a.m. Pacific time, one of thousands of aftershocks felt since a magnitude 6.4 earthquake shook Ridgecrest on July 4, followed by a 7.1 quake the following day.The two larger quakes, the most sev
  
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• President Trump Confirmed ICE Raids Are Starting This Sunday. Here's What We Know So Far

  12-07-2019 22:43 via news.yahoo.com
  President Trump confirmed that potentially 2,000 undocumented immigrants will be swept up in ICE raids starting Sunday.
  
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• The Latest: Houston offers aid to Louisiana residents

  12-07-2019 22:41 via news.yahoo.com
  Mayor Sylvester Turner's office on Friday announced a Houston Relief Hub and a call for donations ranging from diapers to batteries to bottled water.The statement says relief items will be delivered directly to New Orleans.A city of Houston tweet says some residents were "preparing to help our neighbors in New Orleans and the greater Louisiana area" as Barry headed toward the coast.
  
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• Hezbollah leader says U.S. seeking to talk

  12-07-2019 22:40 via news.yahoo.com
  The leader of Hezbollah said on Friday that Washington was seeking to open channels of communication despite ramping up sanctions against the Iran-backed movement's officials.U.S. President Donald "Trump's administration is seeking to open channels of communication to Hezbollah in Lebanon through mediators.... These are the American pragmatists," Sayyed Hassan Nasrallah said in an interview with Hezbollah's al-Manar TV without elaborating.
  
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• Flight data from Jeffrey Epstein’s private jets show a lavish travel schedule as the walls closed in

  12-07-2019 22:36 via news.yahoo.com
  Crowdsourced flight data show Jeffrey Epstein traveled almost constantly as the US government built its case against him.
  
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• US man accused of sex abuse at Kenyan orphanage he founded

  12-07-2019 22:33 via news.yahoo.com
  A convicted sex offender went on to establish an orphanage in Kenya where he preyed on children under the guise of missionary work, according to federal prosecutors who announced Friday that he was being charged with sexually molesting four teenage girls.Gregory Dow, 60, of Lancaster, is accused of four counts of violating a U.S. law against sexual contact with minors in foreign countries, U.S. Attorney William McSwain said.There likely are other victims, investigators said, but tracking the chi
  
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• Why the Sexual Predator in the White House Needed to Get Rid of Acosta

  12-07-2019 22:32 via news.yahoo.com
  Brendan Smialowski/GettyMany of Donald Trump’s “best people” have left in disgrace but none more so than  Alexander Acosta, who showed no conscience or remorse in letting pedophile Jeffrey Epstein off the hook when he was a federal prosecutor. In a press conference ordered up by Trump to save his job, Acosta failed miserably. And on Friday morning, Trump perp-walked Acosta, wearing his now familiar smirk, out to face the press corps on the south lawn of the White House, to
  
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• The Latest: Man accused of orphanage sex abuse kept jailed

  12-07-2019 22:31 via news.yahoo.com
  An American man accused of sexually abusing four girls who lived in the Kenyan orphanage that he founded will remain behind bars, at least for the next few days.A federal judge in Philadelphia on Friday ordered 60-year-old Gregory Dow, of Lancaster, Pennsylvania, temporarily detained until a hearing Wednesday on his status.Federal prosecutors say Dow is a flight risk, noting he left Kenya in 2017, just as police were investigating sex abuse allegations at the Dow Family Children's Home in Boito.
  
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• Former acting ICE Director Tom Homan unloads on lawmakers at House hearing on migrant detention facilities

  12-07-2019 22:30 via news.yahoo.com
  Homan blasts Congress for the delay in additional funding for the humanitarian crisis, urges lawmakers to fix the situation; FBN's Hillary Vaughn reports from Capitol Hill.
  
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• Hezbollah chief says has reduced fighters in Syria

  12-07-2019 22:17 via news.yahoo.com
  The head of Lebanon's Hezbollah movement Hassan Nasrallah said Friday he had decreased the number of fighters supporting the Damascus regime in neighbouring war-torn Syria.The head of the Iran-backed Shiite movement, which has been fighting in Syria since 2013, did no quantify the extent of the reduction.Nasrallah said none of his fighters were currently involved in fighting in Syria's northwestern region of Idlib, where regime and Russian forces have increased deadly bombardment on a jihadist-r
  
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• Dead Drone: Are Iran and America Headed Towards a Bloody War?

  12-07-2019 22:17 via news.yahoo.com
  Deptula said the Pentagon must modernize its “geriatric air force with systems that have been designed to operate against high-threat capabilities like stealth fighters, bombers and [intelligence, surveillance and reconnaissance] aircraft.”Iran’s destruction of a U.S. Navy Global Hawk surveillance drone over the Strait of Hormuz on June 20, 2019 shouldn’t deter U.S. forces from monitoring the strategic waterway, officials said.Retired U.S. Air Force general David Deptula,
  
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• Poker Player Dennis Blieden Charged With Embezzling $22M From StyleHaul

  12-07-2019 22:06 via news.yahoo.com
  Jayne Furman/World Poker Tour via FlickrIn March 2018, a Los Angeles accountant named Dennis Blieden took the poker world by storm. He had only been playing in tournaments for about 18 months and was essentially an unknown.That changed as Blieden, then 28, plowed through 493 entrants and bested veteran players to win the World Poker Tour’s L.A. Poker Classic and its $1 million prize.The website Poker News lauded his “nerves of steel” and Poker Central noted his “fearless
  
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• Cargill shuts animal-feed mills in China as fatal hog disease spreads

  12-07-2019 22:04 via news.yahoo.com
  Cargill Inc shuttered animal-feed mills in China in recent months partly because the rapid spread of a fatal hog disease has reduced demand, a company executive said on Friday.The closures highlight the pain for global agriculture companies from the outbreak of African swine fever in China, the world's top hog producer and pork consumer.African swine fever, for which there is no cure and no vaccine, kills almost all infected pigs, though it does not harm people.
  
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• UPDATE 1-Ukrainian fighter found guilty over killing of Italian photographer

  12-07-2019 21:57 via news.yahoo.com
  An Italian court sentenced a Ukrainian man to 24 years in jail on Friday over his role in the 2014 killing of an Italian photographer covering fighting between pro-Russian forces and Ukrainian troops.Journalist Andrea Rocchelli and his Russian colleague Andrey Mironov were killed after they were hit by mortar fire near the town of Slaviansk in eastern Ukraine five years ago.Italian prosecutors in the northern city of Pavia said Vitaliy Markiv, a volunteer fighter with the Ukrainian forces at the
  
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• Duncan Hunter sends more Islamophobic campaign mailers in California

  12-07-2019 21:45 via news.yahoo.com
  The incumbent Republican is set to stand trial for misusing campaign funds this fall.
  
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• 'We kind of couldn't believe it:' American passenger recounts 21-hour delay as airline struggles

  12-07-2019 21:21 via news.yahoo.com
  American Airlines blames flight woes on a slowdown by its mechanics to gain leverage in contract talks. The union denies it and blames management.
  
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• Louisiana under state of emergency as Tropical Storm Barry nears landfall — here's what it looks like on the ground

  12-07-2019 21:19 via news.yahoo.com
  The storm is expected to strengthen into a hurricane over the weekend, threatening downpours that could flood local levees and rivers.
  
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• The former medical director of the fertility clinic that mixed up 3 couples' embryos was once sued for having a sexual relationship with one of his patients

  12-07-2019 21:11 via news.yahoo.com
  INSIDER has uncovered another prior incident at the CHA Fertility Center, which implanted the wrong fertilized eggs into an IVF patient.
  
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• Flooding lets fish swim on the highway

  12-07-2019 21:10 via news.yahoo.com
  As Tropical Storm Barry gets closer, flooding becomes more and more of a problem. On July 12, many people along the Gulf Coast are seeing water levels rise to dangerous amounts. In Terrebonne Parish, Louisiana floodwaters are reaching heights that allow fish to swim over the roads.
  
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• Amazon Prime Day 2019 is fast approaching — check out the best deals we expect to see again this year

  12-07-2019 20:57 via news.yahoo.com
  Amazon Prime Day 2019 will be on July 15-16. Insider Picks will be sifting through over 1 million deals to bring you the ones that actually matter.
  
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• South Africa sends troops into 'warzone' township

  12-07-2019 20:56 via news.yahoo.com
  South African president Cyril Ramaphosa ordered troops into the suburbs of Cape Town to quell a crime wave that municipal officials say has turned the city into a “warzone.” Hundreds of soldiers will be deployed into sprawling area of townships known as the Cape Flats to combat gang-related violence that saw 14 people killed in 24 hours last week.  More than 900 people have been killed in gang-related violence in the Cape Flats in the past year.  Last Friday, six women betw
  
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• UK PM contenders say EU will drop Irish backstop for Brexit deal

  12-07-2019 20:52 via news.yahoo.com
  The two candidates vying to become Britain's next prime minister both said Friday they believe the EU will agree a Brexit deal this year without the controversial "backstop" provision for the Irish border.Ex-London mayor Boris Johnson, the favourite over foreign secretary Jeremy Hunt to replace outgoing premier Theresa May, predicted the European Union would instead negotiate the issue during post-Brexit free trade talks."We will get a deal by October 31st," Johnson told the BBC during highly-an
  
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• 5 things you need to know about the Jeffrey Epstein sex trafficking case

  12-07-2019 20:47 via news.yahoo.com
  More than 90 women have accused Jeffrey Epstein of sexual abuse and sex trafficking in incidents they say happened when they were underage.
  
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• A 4-month-old baby was separated from his parents at the border last year and still can't walk or speak. Experts say he could grow up with trauma he has no memory of experiencing.

  12-07-2019 20:42 via news.yahoo.com
  Constantin Mutu was 4 months old when he was separated from his father, and 9 months old when he was finally reunited.
  
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• The Latest: Barry maintaining strength as it nears the coast

  12-07-2019 20:39 via news.yahoo.com
  Tropical Storm Barry is maintaining its strength as it moves toward Louisiana, where it threatens to bring heavy rains and flooding.A Friday afternoon advisory from the U.S. National Hurricane Center says the storm's maximum sustained winds remain near 65 mph (104 kph).The hurricane center says additional strengthening is expected and the storm is forecast to be a hurricane when its center reaches the coast.
  
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• Palestinian child shot in head during West Bank clashes: ministry

  12-07-2019 20:36 via news.yahoo.com
  A Palestinian child was seriously wounded Friday during clashes between Israeli forces and protesters in the occupied West Bank, the Palestinian health ministry and official media said.Official news agency Wafa named him as Abdelrahman Shteiwi, saying he was 10 years old and was wounded during clashes in Kafr Qaddum near Nablus in the northern West Bank.
  
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• Tropical Storm Barry is expected to hit parts of Louisiana with more than 3 feet of storm surge and 20 inches of rain — here's what that much water looks like

  12-07-2019 20:33 via news.yahoo.com
  New Orleans has already been drenched in nearly 9 inches of rain, prompting a flash-flood emergency declaration.
  
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• Epstein philanthropy since sex plea included all-girl school

  12-07-2019 20:33 via news.yahoo.com
  In the decade since striking a deal that required him to register as a sex offender, Jeffrey Epstein has sought to underwrite all manner of youth causes, such as a baseball program near his retreat in the U.S. Virgin Islands and an all-girls' school a few blocks from his Manhattan mansion.The Associated Press found that the wealthy financier's donations included $15,000 to the exclusive Hewitt School on the Upper East Side of Manhattan, $35,000 to the Junior Tennis Champions Center in College Pa
  
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• Couple faces backlash after MAGA-themed wedding

  12-07-2019 20:31 via news.yahoo.com
  A Michigan couple received pushback after hosting a "Make America Great Again"-themed wedding that honored President Trump.
  
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• Pregnant woman, 9-year-old son killed by floodwaters in Pennsylvania

  12-07-2019 20:29 via news.yahoo.com
  Police in Pennsylvania say rising floodwaters killed a pregnant mother and her son Thursday.
  
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• House approves measure to block Trump from launching military strike against Iran

  12-07-2019 20:28 via news.yahoo.com
  The House proposal would bar the Trump administration from using any federal funds for military force "in or against" the Islamic Republic.
  
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• California Utilities Get $21 Billion Backstop in Newsom Win

  12-07-2019 20:26 via news.yahoo.com
  (Bloomberg) -- For a leader with grand ambitions of tackling big issues from health care to taking on President Donald Trump, California Governor Gavin Newsom has spent much of his first six months in office bogged down in a crisis at home.Two days after his November election, the state’s deadliest wildfire decimated an entire town, with PG&E Corp.’s equipment blamed as the likely cause. The January bankruptcy of California’s largest utility set off a scramble for Newsom to
  
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• Texas lieutenant governor says Alexandria Ocasio-Cortez is dangerous to America

  12-07-2019 20:21 via news.yahoo.com
  The freshman Democrat from New York is manufacturing lies about the situation on the border, says Lt. Gov. Dan Patrick.
  
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• Trump faces uphill battle to keep financial records from Congress after lawyers clash in appeals court

  12-07-2019 20:18 via news.yahoo.com
  Judges on a federal appeals court appeared skeptical of President Donald Trump's demand that it block a House subpoena for his financial records.
  
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• VIDEO: Burger King manager told 'go back to Mexico' by customer in Florida

  12-07-2019 20:13 via news.yahoo.com
  Video shows a manager of a Florida Burger King being told by a customer to "go back to Mexico."
  
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• How the Tragic Death of 1 Aircraft Carrier Sealed Imperial Japan's Fate

  12-07-2019 20:00 via news.yahoo.com
  But the sorely needed planes were not delivered. When word came of the Pearl Harbor attack, the Lexington, still 400 miles southeast of Midway, turned and headed southward. She spent several days with other U.S. ships searching unsuccessfully south of Oahu for the Japanese flattops and returned to Pearl Harbor for refueling and reprovisioning.Responding to a November 27, 1941, war warning message from Admiral Harold R. “Betty” Stark, chief of naval operations, America’s prized
  
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• Federal court: Duggar sister privacy lawsuit can proceed

  12-07-2019 20:00 via news.yahoo.com
  A lawsuit filed by four reality show sisters can proceed against an Arkansas city that released confidential information about their alleged sexual abuse by a brother, a federal appeals court ruled Friday.The Eighth Circuit Court of Appeals ruled that Jill Duggar Dillard, Jessa Duggar Seewald, Jinger Duggar Vuolo and Joy Duggar had an expectation of privacy when officials from the city of Springdale and Washington County investigated allegations that their brother Josh sexually abused them betwe
  
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• New Indictment in New York Alleges R. Kelly, Entourage ‘Used Stardom’ to Recruit Underage Girls for Sex

  12-07-2019 19:44 via news.yahoo.com
  Scott Olson/GettyDisgraced singer R. Kelly, who was arrested again Thursday night, this time while out walking his dog in Chicago, was hit this week with a new slate of federal charges in New York and Illinois alleging sex crimes, including racketeering and producing child pornography.In Manhattan, newly unsealed court documents filed in the Eastern District of New York allege the 52-year-old performer as well as members of his entourage pursued women and underage girls to recruit them to have s
  
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