Finance news

• Ethiopia says army to take over security in troubled south

  22-07-2019 23:59 via news.yahoo.com
  Ethiopia announced Monday that soldiers and federal police will take over security in a restive southern region following days of violence that has left at least 18 people dead."The regular security structure has been unable to ensure rule of law and has been stymied by various agendas," said a statement read on regional state television late Monday.The unrest stems from efforts by the Sidama ethnic group, the largest in the southern region, to establish a new semi-autonomous state - a project t
  
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• More officer diversity won't cut racial disparity in US police shootings – study

  22-07-2019 23:56 via news.yahoo.com
  Research found as percentage of black officers who fired in fatal shootings increased, the citizen shot was more likely to be blackThe report also found that of all the shootings analysed, in 56% of fatal officer-involved shootings a single officer fired their weapon. Photograph: Eric Thayer/ReutersIncreasing the diversity of America’s police officers will not necessarily cut racial disparities in fatal police shootings, according to a new study which claims that race-specific crime rates
  
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• Widespread blackout hits Venezuela, government blames 'electromagnetic attack'

  22-07-2019 23:51 via news.yahoo.com
  It was the first blackout to include the capital, Caracas, since March, when the government blamed the opposition and United States for a series of power outages that left millions of people without running water and telecommunications.The blackouts exacerbated an economic crisis that has halved the size of the economy.Venezuelan Information Minister Jorge Rodriguez said the outage on Monday was caused by an "electromagnetic attack," without providing evidence.
  
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• Tropical depression forms in the Bahamas, expected to bring rain to Florida

  22-07-2019 23:31 via news.yahoo.com
  The depression is expected to remain weak, with its primary impact being about 1-3 inches of rain across eastern Florida on Tuesday.
  
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• Rep. Johnson: There needs to be spending control going forward

  22-07-2019 23:28 via news.yahoo.com
  U.S. debt in focus as lawmakers, White House close in on budget deal; Republican Study Committee chair Rep. Mike Johnson weighs in.
  
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• The Latest: Hospital sued over school principal's death

  22-07-2019 23:19 via news.yahoo.com
  A hospital sued by the family of a New Jersey high school principal who died after a procedure to donate blood marrow to an anonymous French teenager says it is saddened by the tragic death.Hackensack University Medical Center is a defendant in the suit filed by the fiancee and family of Derrick Nelson, who fell into a coma in February and died in April.A spokeswoman for Hackensack Meridian Health says the hospital isn't commenting on the lawsuit but says it has been in touch with Nelson's famil
  
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• NASA Finally Completes the Orion Crew Capsule

  22-07-2019 23:17 via news.yahoo.com
  NASA hopes the capsule will take astronauts back to the Moon, and Mars after that.
  
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• 'Triad' attack on Hong Kong protesters sparks anger

  22-07-2019 23:17 via news.yahoo.com
  An assault on pro-democracy protesters by suspected triad gangsters that left dozens wounded sparked a firestorm of outrage in Hong Kong on Monday, in a dramatic escalation of political turmoil plaguing the Chinese city.Footage broadcast live on Facebook showed people screaming as the assailants beat multiple protesters and journalists in a subway station and in trains carriages, leaving pools of blood on the floor.
  
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• Here’s the clearest evidence yet of why Huawei can’t be trusted, and it involves North Korea

  22-07-2019 23:03 via news.yahoo.com
  Up to this point, Huawei has made a valiant effort at defending its reputation against a US-led opposition campaign that's stoked fears the company is basically a proxy for the Chinese central government and security apparatus. Pressed to defend its actions and ban of the company's products, the Trump campaign has offered up a kind of pre-emptive war defense -- that just the threat alone justifies the actions taken. That's the same sentiment former US Homeland Security Secretary Tom Ridge shared
  
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• Correction: Sunken Warship story

  22-07-2019 22:59 via news.yahoo.com
  In a story July 18 about divers finding a sunken U.S. Navy ship off Maine coast, The Associated Press, relying on information provided by the Navy, erroneously reported the last U.S. warship to be sunk by a German submarine in World War II. It was the USS Frederick C. Davis, not the USS Eagle PE-56.CAPE ELIZABETH, Maine (AP) — A private dive team has located one of the last U.S. Navy warships to be sunk by a German submarine in World War II, just a few miles (kilometers) off the coast of M
  
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• Mother: Family will sue cruise company over toddler's death

  22-07-2019 22:52 via news.yahoo.com
  There are "a million things" the cruise company could have done to prevent the death of an 18-month-old Indiana girl who fell to her death from an open window on a cruise ship in Puerto Rico, the toddler's mother said in an interview broadcast Monday. Michael Winkleman, the family's attorney, has challenged a Puerto Rico police report that says Chloe Wiegand's grandfather dropped the toddler out of a window July 7th when the Freedom of the Seas was docked in Puerto Rico.
  
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• Mother: Family will sue Royal Caribbean over toddler's death

  22-07-2019 22:51 via news.yahoo.com
  Speaking publicly for the first time since Chloe Wiegand died, her mother, Kimberley Wiegand, told NBC’s “Today” show that her family will sue Royal Caribbean Cruises for “not having a safer situation on the 11th floor of that cruise ship.”
  
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• Iran caught UK by surprise in Gulf: audio company

  22-07-2019 22:44 via news.yahoo.com
  The man behind the dramatic audio of Iran's seizure of a British-flagged tanker in the Gulf says the episode played out over a chaotic 20-40 minutes while a UK warship raced in from an hour away -- too far to be of any help.The HMS Montrose "really didn't have much chance of having an impact on the scene," Dryad Global shipping risk management company head Philip Diacon told AFP.Diacon refused to discuss how his London-based firm obtained the audio of Friday's high-seas drama over the Stena Impe
  
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• Rep. Rashida Tlaib Calls For $20 An Hour Minimum Wage

  22-07-2019 22:36 via news.yahoo.com
  Democratic Michigan Rep. Rashida Tlaib called for a federal minimum wage of up to $20 an hour at a “One Fair Wage” event in Detroit on Sunday.“Big fights like this one, $15. When we started it, it should have been $15. Now I think it should be $20 … It should be $20 an hour. $18-20 an hour,” Tlaib said in a video posted by America Rising on Monday.Tlaib and Michigan Democrat Debbie Dingell participated in an event called “Server for an Hour&rdq
  
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• Fox News’ Shep Smith Grills Embattled Puerto Rico Governor: Can You Name Anyone Who Supports You?

  22-07-2019 22:21 via news.yahoo.com
  During his first television interview since the scandal broke out over leaked private chats that have resulted in near-unanimous calls for his resignation, Puerto Rico Gov. Ricardo Rosselló struggled to come up with a single name when Fox News anchor Shepard Smith pressed him to offer up anyone who currently supports him.With hundreds of thousands of Puerto Ricans taking to the streets of San Juan on Monday to demand Rosselló’s resignation after the governor said he wouldn&rs
  
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• Report: Pence canceled trip to avoid contact with an alleged drug dealer

  22-07-2019 22:20 via news.yahoo.com
  Vice President Mike Pence abruptly canceled a trip to New Hampshire this month to avoid shaking hands with an alleged interstate drug dealer, Politico reported Monday.
  
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• Investors buy fewest U.S. 30-year bonds at auction since September

  22-07-2019 22:15
  Fund managers purchased the least amount of U.S. 30-year Treasury bonds at an auction in 10 months earlier this month that intensified a sell-off in the bond market, according to data released from...
  
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• UPDATE 3-Huawei's U.S. research arm slashes jobs as trade ban bites

  22-07-2019 22:01 via news.yahoo.com
  SANTA CLARA, Calif./HONG KONG, July 23 (Reuters) - China's Huawei Technologies laid off more than two-thirds of the 850-strong workforce at its Futurewei Technologies research arm in the United States, after being blacklisted by the government.Futurewei, which has offices in Silicon Valley and the greater Seattle, Chicago and Dallas areas, said it cut more than 600 jobs.
  
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• Russia Is Jamming the Air Force's F-35s and F-22s near Iran

  22-07-2019 21:59 via news.yahoo.com
  The International Federation of Air Line Pilots’ Associations and Israeli Airports Authority in late June 2019 announced that many flights lost the GPS satellite signal while flying into or out of Ben Gurion International in Israel, Breaking Defense reported. There has been no risk to passengers, according to the IAA. The affected aircraft simply switched to backup systems.Russian forces have been jamming GPS systems in the Middle East. The electronic-warfare campaign could affect U.S. for
  
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• Why No Enemy Would Dare Sink a U.S. Navy Aircraft Carrier

  22-07-2019 21:58 via news.yahoo.com
  Circumstances obviously matter for an attack on a U.S. aircraft carrier. An out-of-the-blue attack from a conventionally armed state actor would enjoy the highest levels of success, but would also have an impact on elite and public opinion in the United States that might drive calls for dire retribution. Since the 1950s, the supercarrier has been the most visible representation of U.S. military power and maritime hegemony. Although supercarriers have participated in nearly every military co
  
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• UPDATE 1-Iran warns West against starting conflict, says not looking for confrontation

  22-07-2019 21:57 via news.yahoo.com
  Iran's foreign minister warned the West on Monday against "starting a conflict," saying it was not seeking confrontation after its military seized the British-flagged tanker Stena Impero in the Strait of Hormuz last week.London described the seizure of the Stena Impero as "state piracy" and on Monday called for a European-led naval mission to ensure safe shipping through the Strait of Hormuz.Speaking in Nicaragua, Foreign Minister Mohammad Zarif said Iran had taken measures against the ship to i
  
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• University of Mississippi Student Found Dead in Apparent Homicide: Police

  22-07-2019 21:52 via news.yahoo.com
  FacebookAuthorities believe “foul play” was involved in the death of a 21-year-old University of Mississippi student whose body was found Saturday morning near a lake about 20 minutes away from campus.Alexandria “Ally” Kostial, a rising senior, was found by Lafayette County Sheriff’s Department officers during their Saturday morning patrol near Sardis Lake. Authorities told The Daily Beast the incident is being investigated as an apparent homicide.“It is appar
  
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• Gambian soldier names ex-president in reporter's 2004 murder

  22-07-2019 21:49 via news.yahoo.com
  A Gambian army officer on Monday accused ex-president Yahya Jammeh of ordering the 2004 murder of journalist Deyda Hydara and admitted he was involved in the killing.Hydara, who was editor and co-founder of the independent The Point daily and a correspondent for AFP and Journalists Without Borders (RSF), was killed by unidentified gunmen in his car on the outskirts of the Gambian capital Banjul in December 2004.The murder was widely condemned locally and abroad as another sign of Jammeh's despot
  
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• This Is the ATV-Mounted Jammer That Took Down an Iranian Drone

  22-07-2019 21:47 via news.yahoo.com
  The drone was less than a mile from the USS Boxer when the Marines caused it to crash.
  
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• Neighbors Say They Warned City About Giant Tree That Toppled on Homes

  22-07-2019 21:41 via news.yahoo.com
  A storm in St. Louis brought down a huge tree damaging four homes, but neighbors say they`ve been complaining about the tree for two years.
  
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• France, Germany Refuse Italy's Demand to Open Ports to Migrants

  22-07-2019 21:39 via news.yahoo.com
  (Bloomberg) -- France and Germany widened the group of countries willing to accept asylum seekers arriving by boat across the Mediterranean, but made no move to accept demands by Italy’s Matteo Salvini that they accept migrant ships directly in their ports.Salvini, in his capacity as Italian interior minister, said Monday’s meeting of European interior ministers was a “flop” that “basically said Italy must continue to be the refugee camp of Europe,” according
  
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• India launches 'historic' flight bound for the moon

  22-07-2019 21:32 via news.yahoo.com
  Days after the U.S. celebrated the 50th anniversary of the first human steps on the moon, India launched an unmanned flight bound for the far side.
  
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• A boy stole two planes for a joyride. Pilots now want to teach him how to fly

  22-07-2019 21:26 via news.yahoo.com
  The boy trespassed a small airport in Huzhou, a city in eastern China, piloting and crashing a seaplane onto a guard rail and driving another one.
  
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• Lawyer: Man who killed mob boss thought he was helping Trump

  22-07-2019 21:21 via news.yahoo.com
  A man charged with killing a reputed New York mob boss was deluded by internet conspiracy theories and thought he was helping President Donald Trump defend Democracy, his attorney said in court papers filed Friday.Anthony Comello is facing murder charges in the March 13 shooting of Francesco "Franky Boy" Cali, an alleged leader in the Gambino crime family.In a legal filing, attorney Robert Gottleib said Comello was gripped by an irrational belief that Cali was part of a "deep state" that secretl
  
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• Trump boasts Afghanistan would be easy to fix: 'I just don't want to kill 10 million people'

  22-07-2019 21:04 via news.yahoo.com
  The president said he could “win that war in a week.”
  
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• Drug kingpin 'El Chapo' appeals life sentence

  22-07-2019 21:04 via news.yahoo.com
  Fallen Mexican drug lord Joaquin "El Chapo" Guzman, once one of the world's most powerful and notorious criminals, has appealed his life sentence, court documents published on Monday showed.Guzman, the 62-year-old former co-leader of Mexico's feared Sinaloa drug cartel, was convicted in February of smuggling hundreds of tons of cocaine, heroin, methamphetamine and marijuana into the United States.A symbolic 30 years was also added to the sentence and he was also ordered to pay $12.6 billion in f
  
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• War or peace talks with Iran? Trump says he will wait to see how things unfold

  22-07-2019 21:01 via news.yahoo.com
  Trump said Iran engaged in "lies and propaganda" in claiming it captured spies for the United States.
  
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• Trump praises China response to Hong Kong protests

  22-07-2019 21:00 via news.yahoo.com
  US President Donald Trump on Monday praised Beijing's handling of pro-democracy protests in Hong Kong, a day after suspected triad gangsters attacked demonstrators in a bloody escalation. Hong Kong has been plunged into its worst crisis in recent history by weeks of marches, which drew millions, and sporadic violent confrontations between police and pockets of hardcore protesters. The demonstrations have evolved into a call for democratic reforms, universal suffrage and a halt to sliding freedom
  
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• 'Off the face of the earth': Trump says U.S. could win Afghanistan war in a week

  22-07-2019 20:47 via news.yahoo.com
  President Donald Trump said Monday the U.S. could wipe Afghanistan “off the face of the Earth” in a matter of days but has chosen to draw down forces.
  
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• U.S. to expand rapid deportation nationwide with sweeping new rule

  22-07-2019 20:43 via news.yahoo.com
  The rule set to be published in the Federal Register on Tuesday would apply "expedited removal" to any illegal crossers who cannot prove to immigration agents that they have been living in the country for two years.Legal experts said it was a dramatic expansion of a program that cuts out review by an immigration judge.Previously, only those immigrants caught within 100 miles of the border who had been in the country two weeks or less could be quickly ordered deported.
  
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• Trump calls congresswomen racist day after his adviser says the term is used to silence speech

  22-07-2019 20:33 via news.yahoo.com
  Trump's latest attack on four minority women lawmakers involves familiar a tactic: Accusing others of what he has been accused of.
  
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• Trump says he could win Afghan war 'in a week … but I don't want to kill 10m'

  22-07-2019 20:31 via news.yahoo.com
  * President hosts Pakistani PM Imran Khan amid aid dispute* US pursues talks with Taliban with Islamabad’s cautious supportDonald Trump has said that he could win the Afghanistan war “in a week” but did not want to wipe the country “off the face of the Earth”.At the same White House, the president also made a quixotic offer to mediate the longstanding Kashmir dispute between India and Pakistan, claiming the Indian government had invited to act as broker – a cl
  
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• President Trump drops in on MAGA-themed wedding to chants of 'USA'

  22-07-2019 20:29 via news.yahoo.com
  The President delivered the ultimate wedding gift to these Trump supporters, making their nuptials a little more memorable.
  
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• President Trump, Supreme Court justices pay respects to late Associate Justice John Paul Stevens

  22-07-2019 20:21 via news.yahoo.com
  President Donald Trump and a majority of Supreme Court justices paid homage Monday to the late Associate Justice John Paul Stevens.
  
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• Correction: Military-Hyperfit Women story

  22-07-2019 20:13 via news.yahoo.com
  In a story July 21 about a U.S. military study of "hyperfit" women, The Associated Press reported erroneously that a vo2 Max score measures how many millimeters of oxygen are used per kilogram of body weight per minute.ARMY SOLDIER SYSTEMS CENTER, Mass. (AP) — In the nearly four years since the Pentagon announced it was opening all combat jobs to women, at least 30 have earned the Army Ranger tab, two have graduated Marine infantry school and three have passed the grueling initial assessme
  
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• Sarah Huckabee Sanders shows up to govs shindig as Arkansas rumors swirl

  22-07-2019 20:10 via news.yahoo.com
  Sanders is seen as a possible 2022 Arkansas gubernatorial candidate.
  
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• Trump blasts Iran, says hard to deal with top 'terror' state

  22-07-2019 20:02 via news.yahoo.com
  "Frankly it's getting harder for me to want to make a deal with Iran, because they behave very badly," Trump told reporters in the Oval Office, as visiting Pakistani Prime Minister Imran Khan sat at his side."I'll tell you it could go either way, very easily," Trump added.
  
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• Democratic Senator Takes Shot at DeVos: ‘I Think We Should Send Her Back’

  22-07-2019 20:01 via news.yahoo.com
  Senator Debbie Stabenow attacked Secretary of Education Betsy DeVos in a speech Monday, saying "I think we should send her back."“Too many of our children languish in inadequate, ill-equipped schools. Thank you, Betsy DeVos," Stabenow said during her address to the NAACP convention in Detroit. "I really wish she was not from Michigan. I think we should send her back."Stabenow was referencing the chant of "send her back" that Trump supporters launched into during the presiden
  
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• Royal Caribbean, MSC Cruises cancel port stops in Puerto Rico ahead of planned protests

  22-07-2019 19:58 via news.yahoo.com
  Several cruise lines have canceled port stops in San Juan ahead of planned protests Monday in Puerto Rico, aimed at forcing the governor to resign.
  
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• Fox News Host Calls for ‘9/11-Style Commission’ to Investigate How AOC Was Elected to Congress

  22-07-2019 19:58 via news.yahoo.com
  Reacting to Rep. Alexandria Ocasio-Cortez’s (D-NY) call for a “9/11-style commission” to be convened to investigate the Trump administration’s child separation policy at the border, Fox News host Pete Hegseth said on Monday that there should instead be an investigation to see how the progressive lawmaker was elected to Congress in the first place.During a town hall in her district on Saturday, Ocasio-Cortez called for a lengthy study into the president’s zero-tolera
  
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• Mexico, US to launch plan against arms smuggling at border

  22-07-2019 19:56 via news.yahoo.com
  The Mexican government said Monday it has reached agreement with the United States for a joint operation to combat gun smuggling along the U.S. border after seeing a spike in the number of illegal firearms detected.Seizures of assault rifles in Mexico are up 122% so far this year.Foreign Relations Secretary Marcelo Ebrard said Mexico's military would coordinate with U.S. authorities to launch anti-gun-smuggling operations in five Mexican border cities — Tijuana, Ciudad Juarez, Nuevo Laredo
  
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• Libya warplane of Haftar's forces lands in Tunisia

  22-07-2019 19:46 via news.yahoo.com
  A Libyan warplane of military commander Khalifa Haftar's forces made an emergency landing in neighbouring Tunisia on Monday, authorities in Libya said.The aircraft was on a "reconnaissance and patrol mission and suffered a technical problem resulting in an emergency landing" in southern Tunisia, said a statement from an administration based in eastern Libya.
  
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• With Mueller testimony looming, Trump predicts trouble for special counsel and Dems

  22-07-2019 19:45 via news.yahoo.com
  The former special counsel "should not be given another bite at the apple,” the president wrote on Twitter.
  
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• US mistrust on the rise, with government seen as worst: poll

  22-07-2019 19:45 via news.yahoo.com
  Americans distrust the news media, but see government and political leaders as even more untrustworthy, a survey showed Monday.The Pew Research Center found 69 percent of Americans say the federal government intentionally withholds important information from the public, while 61 percent say the news media intentionally ignores important stories."Americans are worried that distrust in the government and in others is taking a toll on the nation," said Lee Rainie, head of Pew's internet and technol
  
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• Ships urged to alert navies before sailing through Strait of Hormuz

  22-07-2019 19:39 via news.yahoo.com
  Shipping associations have called on ship owners to inform Britain's navy of their movements before sailing into the Middle East Gulf and Strait of Hormuz because of the escalating international crisis in the region.About a fifth of the world's oil passes through the Strait of Hormuz and shipping companies are already deploying more unarmed security guards as an extra safeguard.
  
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