Finance news

• El Paso Walmart shooting by Cielo Vista Mall: What we know about the number of victims, the suspect

  05-08-2019 23:57 via news.yahoo.com
  An active shooter at a Walmart left 20 dead near Vista Cielo Mall in El Paso, Texas. Here's what we know about the situation so far.
  
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• Private funeral mass held for granddaughter of Robert F. Kennedy

  05-08-2019 23:54 via news.yahoo.com
  A private funeral mass was held on Monday for the 22-year-old granddaughter of Robert F. Kennedy, who died last week after being found unresponsive at the family's compound in Hyannis Port, Massachusetts, a family spokesman said.Saoirse Kennedy Hill was laid to rest following the mass at Our Lady of Victory Church in Centerville, Massachusetts, Kennedy family spokesman Brian O'Connor said.
  
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• Furious Trump denounces 'major violation' as China intensifies trade war and markets plunge

  05-08-2019 23:50 via news.yahoo.com
  US stocks suffered their worst day of the year as China devalued its currency in a move condemned as a “major violation” by a furious Donald Trump.The Dow closed down 767.27 points, or 2.9%. The S&P 500 dropped about 3%, its biggest one-day decline since December, representing a paper loss of $766 billion, according to Refinitiv data. The Nadaq Composite was down 278.03 points, or 3.47%.It came as the yuan was weakened to its lowest level in 11 years, in what was interpreted as a
  
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• Chicago suffers bloody weekend as gun violence leaves seven dead

  05-08-2019 23:45 via news.yahoo.com
  Mass shootings command widespread media coverage, but lost in the national conversations about guns are everyday killings A memorial where 26-year-old Chantell Grant and 35-year-old Andrea Stoudemire were shot and killed on 28 July in the South Side of Chicago. Photograph: Kamil Krzaczyński/AFP/Getty ImagesAs deadly mass shootings devastated communities in Texas and Ohio and reignited calls for lawmakers to act on gun reform, Chicago experienced yet another bloody weekend – suffering
  
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• Soldier praised for heroic act at El Paso shooting: 'What I did was what I was supposed to do'

  05-08-2019 23:25 via news.yahoo.com
  A 22-year-old off-duty U
  
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• GOP Rep. Calls for Raising Gun-Purchase Age to 21 In Response to Mass Shootings

  05-08-2019 23:08 via news.yahoo.com
  Representative Adam Kinzinger (R., Ill.) on Monday advocated for federal legislation that would ban the sale of firearms to Americans under the age of 21 in response to the mass shootings that claimed 31 lives over the weekend.Kinzinger, who has a 93 percent lifetime rating from the National Rifle Association, argued in a Medium post published Monday that a minimum firearm-purchase age of 21 would interrupt the alarming trend of mass shootings in the U.S., and would be particularly eff
  
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• New Jersey enacts 3 gun violence intervention laws

  05-08-2019 23:06 via news.yahoo.com
  New Jersey on Monday enacted three laws designed to help victims of gun violence avoid becoming hurt again by firearms or seeking out retaliation.The new laws add to New Jersey's growing list of at least 10 gun-related laws enacted in the last year and come after weekend firearm attacks in Texas and Ohio left 31 dead.Lt. Gov. Sheila Oliver signed the measures Monday at the governor's office while Democratic Gov. Phil Murphy is out of the state on vacation.
  
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• Joe Biden's brother and hedge fund manager accused of fraud

  05-08-2019 23:05 via news.yahoo.com
  A federal lawsuit accuses the brother of former Vice President Joe Biden, hedge fund manager Michael Lewitt, and others of attempting to defraud a Tennessee business.The Knoxville News Sentinel reports that the defendants have until mid-August to respond to the lawsuit filed last month by Michael Frey and Dr. Mohannad Azzam.It says the plaintiffs founded Diverse Medical Management to reform failing rural hospitals, and Jim Biden promised to sell the health care plan to investors.
  
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• Refugees in Pakistan fearful after India abolishes Kashmir autonomy

  05-08-2019 23:04 via news.yahoo.com
  Refugees in Pakistani-held Kashmir voiced fears for relatives still on the other side of the disputed Himalayan border Monday after India abolished the Muslim-majority region's special autonomy, raising fears of fresh violence.Many of the roughly 250 people in the Manak Paiyan refugee camp near Muzaffarabad, the largest city in Pakistani-held Kashmir, fled fighting in the 1990s but still have family on the other side of the Line of Control, the de facto border slicing through the heavily militar
  
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• Group sues to block California law aimed at forcing Trump to release tax returns

  05-08-2019 22:58 via news.yahoo.com
  A conservative legal group has filed a lawsuit seeking to block a new California law aimed at forcing Republican U.S. President Donald Trump to release his tax returns, the latest volley over Democrats' efforts to see the former businessman's financial records.The lawsuit, filed in federal court in Sacramento on Aug. 1 by the group Judicial Watch, argues the statute is unconstitutional because it sets up illegal new rules governing who can seek the presidency.The measure requires presidential ca
  
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• Obama: Americans must not let racist views become normalized

  05-08-2019 22:57 via news.yahoo.com
  The statement , which did not mention President Donald Trump directly, also reminded Americans that "we are not helpless" in the face of the nation's high frequency of mass shootings compared to other countries."And until all of us stand up and insist on holding public officials accountable for changing our gun laws, these tragedies will keep happening," Obama wrote.A shooting at a Walmart in El Paso, Texas, on Saturday killed 22 people, and a second shooting outside a crowded bar in Dayton, Ohi
  
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• Ohio governor stopped mid-speech at vigil for Dayton shooting victims: 'Do something'

  05-08-2019 22:55 via news.yahoo.com
  During a vigil to remember the dead killed in Dayton, Ohio, on Sunday, the Republican governor of the state was stopped mid-speech with demands that he “do something” about the kind of violence that had left at least nine people dead less than 24 hours earlier.Mike DeWine had just remarked on the size of the crowd in Dayton’s Oregon District, when he was confronted with pleas for action.“Do something!” a member of the crowd yelled, prompting echoes from the others i
  
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• UPDATE 1-Bolton warns China, Russia not to double down on support of Maduro

  05-08-2019 22:50 via news.yahoo.com
  U.S. National Security Adviser John Bolton on Monday warned China and Russia not to double down in support of Venezuelan President Nicolas Maduro, saying Venezuela might not repay its debt to them after Maduro falls.Bolton said a democratically elected government in Venezuela may view the two countries as hostile powers for supporting what he called the "criminal regime" of Maduro for so long, and could opt not to pay them back billions of dollars in loans.
  
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• Mexican man who shielded wife in Texas mass shooting dies

  05-08-2019 22:48 via news.yahoo.com
  A Mexican man who threw himself in front of his wife to shield her from bullets in a mass shooting in El Paso, Texas, died on Monday, officials and his family said, raising the toll of Mexican nationals killed in one of two weekend mass shootings in the United States to eight.Juan de Dios Velazquez, 77, had moved to El Paso with his wife Estela Nicolasa, 65, from Ciudad Juarez, just across the border in Mexico, six months before they were caught in Saturday's mass shooting at a Walmart store."He
  
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• A Texas man planned a mass shooting. His grandmother stopped him and 'saved lives,' officials say

  05-08-2019 22:47 via news.yahoo.com
  A 19-year-old allegedly told his grandma he bought an AK-47 and planned to "shoot up" a local hotel. She convinced him to go to a hospital instead.
  
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• CORRECTED-Mexican man who shielded wife in Texas mass shooting dies

  05-08-2019 22:45 via news.yahoo.com
  A Mexican man who threw himself in front of his wife to shield her from bullets in a mass shooting in El Paso, Texas, died on Monday, officials and his family said, raising the toll of Mexican nationals killed in one of two weekend mass shootings in the United States to eight.Juan de Dios Velazquez, 77, had moved to El Paso with his wife Estela Nicolasa, 65, from Ciudad Juarez, just across the border in Mexico, six months before they were caught in Saturday's mass shooting at a Walmart store."He
  
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• Yield Curve Blares Loudest U.S. Recession Warning Since 2007

  05-08-2019 22:41 via news.yahoo.com
  (Bloomberg) -- The latest eruption in the U.S.-China trade dispute pushed a widely watched Treasury-market recession indicator to the highest alert since 2007.Rates on 10-year notes sank to 1.714% on Monday, completely erasing the surge that followed President Donald Trump’s 2016 election. At one point, they yielded 32 basis points less than three-month bills, the most extreme yield-curve inversion since the lead-up to the 2008 crisis.The moves follow reports that China is responding to th
  
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• Man allegedly tries to rob bank in Cleveland, gets caught after leaving a note with his name, address

  05-08-2019 22:40 via news.yahoo.com
  An Ohio man accused of robbing a bank was caught by police last week after hemade a pretty unfortunate mistake
  
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• Shep Smith Soberly Notes We’ll Soon Offer More ‘Thoughts and Prayers’ for Another Mass Shooting

  05-08-2019 22:30 via news.yahoo.com
  Fox NewsFox News anchor Shepard Smith began his Monday afternoon news broadcast by observing that all the offerings of “thoughts and prayers” in the wake of two horrific mass shootings over the weekend will be tossed out “soon yet again” after another similar tragedy occurs in the near future.“Yet again in America,” Smith soberly noted. “Yet again in America, innocent families are slumped to their knees in grief living an unimaginable weight, to retrieve
  
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• Suspect arrested in murders of man, nanny found dead at suburban New Jersey home

  05-08-2019 22:28 via news.yahoo.com
  Police have made an arrest in the killings of a man and a live-in nanny who worked with his family in New Jersey.
  
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• Fox News Blames Everything but Guns for El Paso and Dayton Shootings

  05-08-2019 22:24 via news.yahoo.com
  Following two deadly mass shootings over the weekend, Fox News hosts and pundits found plenty of factors to blame for gun violence. But they were almost unanimous in excusing one culprit: guns.Over the weekend, separate mass shootings in El Paso, Texas and Dayton, Ohio left more than 30 people dead and dozens more injured. In both cases, the shooters used legally purchased semi-automatic weapons and high-capacity magazines. And while Fox News’ wall-to-wall coverage of the shootings found p
  
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• Outrage in Gambia over release of ex-president's assassins

  05-08-2019 22:20 via news.yahoo.com
  Relatives of people murdered by death squads in The Gambia expressed outrage on Monday over the release of three former hitmen, who said they committed dozens of assassinations ordered by ex-president Yahya Jammeh.The men, who were part of an unofficial paramilitary unit known as the Junglers, were freed from army custody two weeks after appearing before the West African country's Truth, Reconciliation and Reparations Commission (TRRC).During the hearings, the assassins accused Jammeh -- who rul
  
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• The NRA issued a statement supporting Trump's call to focus on mental illness to reduce gun violence after the shootings in El Paso and Dayton

  05-08-2019 22:17 via news.yahoo.com
  The NRA backed Trump's call to focus on mental illness after the shootings in El Paso and Dayton, despite research showing no link between them.
  
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• Obama calls for gun control: 'We are not helpless' to stop attacks

  05-08-2019 22:17 via news.yahoo.com
  In a Monday statement, former President Barack Obama urged the country to reject hateful and anti-immigrant rhetoric from "any of our leaders."
  
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• Probe: No bias by TSA supervisor, but profiling concerns

  05-08-2019 22:15 via news.yahoo.com
  Investigators were unable to corroborate specific allegations that a Transportation Security Administration supervisor instructed air marshals to racially discriminate against passengers at Florida's busiest airport.The Office of Inspector General launched the investigation a year ago at the request of U.S. lawmakers after three air marshals went public with the discrimination allegations about the supervisor.
  
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• After Mass Shootings, Trump Veers Quickly From Horror to Score Settling

  05-08-2019 22:09 via news.yahoo.com
  Bloomberg/GettyIn Dayton, in El Paso, in Parkland and in Pittsburgh, Donald Trump always reacts the same way. First, behind closed doors, with horror and compassion, followed almost immediately by grievance and scorn.It’s the latter feelings that dictate the moments and days directly following, demolishing any chance for constructive dialogue or major reform.For this president, it’s the same script every time, read haltingly from a teleprompter, just with differing numbers of dead.Ac
  
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• The Latest: Ohio shooting victim remembered as 'humble' man

  05-08-2019 22:03 via news.yahoo.com
  A community association official has confirmed Saeed Saleh was among the nine killed during the weekend shooting in Dayton, Ohio.Yahya Khamis, president of the Sudanese Community of Dayton, said Monday that he was speaking on behalf of Saleh's family and was working on coordinating funeral plans for the 38-year-old man.Khamis said he didn't know Saleh well, but that he was a "humble and quiet person" who also was kindhearted.
  
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• Barack Obama shares heartfelt response to mass shootings, calls for stricter gun laws

  05-08-2019 22:03 via news.yahoo.com
  Barack Obama has finally released a statement on the deadly mass shootings that took place over the weekend in El Paso, Texas, and Dayton, Ohio.The former president shared a heartfelt four-paragraph message on Twitter Monday afternoon, explaining that he and Michelle "grieve with all the families in El Paso and Dayton who endured these latest mass shootings.""Even if details are still emerging," Obama wrote, "there are a few things we already know to be true."> pic.twitter.com/nNOVtQ50O4>
  
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• Bolton warns China, Russia not to double down on support of Maduro

  05-08-2019 21:49 via news.yahoo.com
  U.S. National Security Adviser John Bolton on Monday warned China and Russia not to double down in support of Venezuelan President Nicolas Maduro, saying Venezuela might not repay its debt to them after Maduro falls.Bolton said a democratically elected government in Venezuela may view the two countries as hostile powers for supporting what he called the "criminal regime" of Maduro for so long, and could opt not to pay them back billions of dollars in loans.
  
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• One inmate killed and five others hospitalized after clash between white and black federal prisoners

  05-08-2019 21:45 via news.yahoo.com
  One inmate was killed and five others were injured in a violent clash between black and white inmates at a Florida federal prison.
  
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• Ugandan presidential hopeful says ally dead after abduction, torture

  05-08-2019 21:37 via news.yahoo.com
  A Ugandan musician-turned-legislator who is seeking to challenge veteran President Yoweri Museveni said on Monday a supporter and fellow singer had died after being abducted and tortured, in what police are treating as a homicide.Since joining politics two years ago Robert Kyagulanyi has rattled authorities in the East African country with his growing popularity and biting criticism of Museveni, who has ruled since taking power in a 1986 coup.In a statement, Kyagulanyi said that Michael Kalinda,
  
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• Trump's response to the weekend massacres show he is an ethical black hole

  05-08-2019 21:37 via news.yahoo.com
  Trump is playing the country like he’s a conductor of a symphony of racist violence‘Under this president, people are now afraid to go the hospital or to go the police.’ Photograph: Susan Walsh/APDonald Trump continues to play his cynical game of dodging responsibility, shifting blame and exploiting tragedy. In a press conference called to address the horrors of two mass shootings in the United States over the past weekend, the president said nothing about his pivotal role in st
  
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• O.C. murder fugitive who allegedly murdered wife in 2012 captured in Mexico, authorities say

  05-08-2019 21:33 via news.yahoo.com
  A Southern California multimillionaire who went on the run after he was charged in the 2012 death of his wife was captured in Mexico, according to the Newport Beach Police Department.
  
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• A 6-year-old boy was thrown from the 10th floor of London's Tate Modern

  05-08-2019 21:29 via news.yahoo.com
  A teen was arrested and charged with attempted murder after allegedly throwing a boy from the 10th floor of London's Tate Modern gallery.
  
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• Syria Kurds warn of Turkish attack despite US mediation

  05-08-2019 21:20 via news.yahoo.com
  A top Kurdish political official in northeast Syria Monday warned neighbouring Turkey would attack at the first chance it got, despite US efforts to prevent a cross-border incursion.On Sunday, Turkey's President Recep Tayyip Erdogan said his country was running out of patience with floundering US efforts to set up a buffer zone along its southern border."Erdogan is serious and will embark on an attack at the first opportunity" against Kurdish fighters in northeastern Syria, Aldar Khalil told AFP
  
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• Classmate Says Dayton Shooter Targeted Her in High School: ‘We Predicted He Would Do This’

  05-08-2019 21:17 via news.yahoo.com
  via TwitterJessica Masseth was months into her sophomore year at Bellbrook High School in Ohio when she started getting disturbing text messages from a freshman named Connor Betts. Betts texted that Masseth was on his “rape list,” describing in detail “what he wanted to do” to her, she said—even sending her the list of all of his proposed victims to prove she wasn’t the only one. Finally, Masseth said she had enough and went to police. “I
  
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• Black men at highest risk of US police killing: study

  05-08-2019 21:08 via news.yahoo.com
  Black men in the United States are 2.5 times more likely to be killed by the police than their white counterparts, according to a new study published Monday that quantified racial disparities in law enforcement violence.High-profile killings including those of Michael Brown, Charleena Lyles, Tamir Rice, Stephon Clark and many others have brought the issue sustained national attention in recent years, but a lack of official data had prevented accurate estimates about the extent of the problem.The
  
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• Mexico president urges US to take action on gun control

  05-08-2019 21:03 via news.yahoo.com
  Mexico's President Andres Manuel Lopez Obrador called Monday for the United States to "control the indiscriminate sale of weapons" after a shooting in Texas left eight Mexicans dead.A gunman opened fire with an assault rifle on Saturday at a Walmart store in El Paso, which is located near the border with Mexico, killing a total of 22 people and wounding more than two dozen.Lopez Obrador said neither Republicans nor Democrats in the US have done enough to protect people from mass shootings.
  
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• Trump news: President fails to propose gun law change after mass shootings, as Obama warns leaders are feeding 'climate of fear'

  05-08-2019 20:50 via news.yahoo.com
  Donald Trump referred to the shooting suspects in the El Paso and Dayton gun massacres as “mentally ill monsters”, before naming the wrong US city in Ohio.The president blamed everything from the press to violent video games while addressing the nation after two gun attacks left nearly 30 victims dead over the weekend.During the controversial speech on Monday, he called on the US to reject “racism” and “white supremacy,” while failing to address his own incend
  
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• Mitch McConnell silent on calls for special Senate session on guns after El Paso, Dayton shootings

  05-08-2019 20:49 via news.yahoo.com
  Senate Majority Leader Mitch McConnell expressed grief over mass shootings in El Paso and Dayton, but there's no sign he'll call a special session on guns.
  
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• After Trump mistakes Toledo for Dayton, mayors of both cities take notice

  05-08-2019 20:46 via news.yahoo.com
  In his first formal comments on two mass shootings, the president mistakenly identified Sunday's killings in Ohio as having occurred in Toledo rather than Dayton. The mistake was not lost on the mayors of both cities.
  
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• Analysis: How India's actions in Kashmir could spark a new war with Pakistan

  05-08-2019 20:44 via news.yahoo.com
  Days after Donald Trump offered to bring his dealmaking skills to bear on India and Pakistan's seemingly intractable Kashmir dispute, Narendra Modi has dramatically shaken up the pieces of the puzzle. The Indian prime minister's sudden move to revoke Indian-administered Kashmir's special status may have been in his manifesto for two elections, but it has caused domestic and international shock nonetheless. Abolishing the region's autonomy by revoking article 370, and thus paving the way for Hind
  
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• Police divers quit search of river for Canada murder suspects

  05-08-2019 20:31 via news.yahoo.com
  Police divers in Canada have wound up their search of a river in northern Manitoba for any trace of two teenage fugitives wanted for the killings of three people, officials said Monday.The divers had been searching the Nelson River after a battered aluminum boat was found Friday on its shore, in the vast area near Gillam being scoured for the fugitives, but no evidence of them was found."The Underwater Recovery Team has completed their work following the discovery of a boat on the shore of the N
  
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• The guns used to kill dozens in Dayton and El Paso were legal — high-capacity options included

  05-08-2019 20:28 via news.yahoo.com
  More details about the weapons used in the weekend's deadly shooting rampages in Ohio and Dayton
  
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• North Korea took $2 billion in cyberattacks to fund weapons program: U.N. report

  05-08-2019 20:28 via news.yahoo.com
  North Korea has generated an estimated $2 billion for its weapons of mass destruction programs using "widespread and increasingly sophisticated" cyberattacks to steal from banks and cryptocurrency exchanges, according to a confidential U.N. report seen by Reuters on Monday.Pyongyang also "continued to enhance its nuclear and missile programmes although it did not conduct a nuclear test or ICBM (Intercontinental Ballistic Missile) launch," said the report to the U.N. Security Council North Korea
  
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• British Airways flight makes emergency landing in Valencia after cabin 'filled with smoke'

  05-08-2019 20:28 via news.yahoo.com
  A British Airways plan has made an emergency landing in Valencia after smoke allegedly engulfed the entire cabin. Passengers could be seen being ushered off the plane via the evacuation slide on the runway at the Spanish airport in a video shared online. Thick grey smoke had seemingly filled the cabin. Zannah Marchand wrote on Twitter: "Just been evacuated off a flight to Valencia after plane filled with smoke. No water, no first aid. People crying. No BA representative. Help." Miguel Galin
  
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• Graham to Introduce Bipartisan ‘Red Flag’ Legislation after Mass Shootings

  05-08-2019 20:23 via news.yahoo.com
  In the wake of two mass shootings over the weekend, Senator Lindsey Graham announced his intention Monday to introduce bipartisan "red flag" legislation designed to help law enforcement keep guns out of the hands of the mentally ill.The South Carolina Republican said he and Senator Richard Blumenthal (D., Conn.) plan to introduce a bipartisan bill establishing a federal grant program that would encourage states to institute "Extreme Risk Protection Orders" laws.“These grants will
  
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• An Ohio state lawmaker blamed everything from gay marriage and drag queens to marijuana for 2 recent mass shootings

  05-08-2019 20:20 via news.yahoo.com
  State Rep. Candace Keller of Ohio blamed mass shootings on drag queens, recreational marijuana, video games, and President Barack Obama.
  
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• Thousands evacuated after explosions at Russia ammo depot

  05-08-2019 20:16 via news.yahoo.com
  Massive explosions at a Russian military ammunition depot in Siberia injured at least eight people and prompted the evacuation of thousands Monday.Russia's Defense Ministry said a fire triggered the explosions at a storage facility for gunpowder charges near the city of Achinsk in eastern Siberia's Krasnoyarsk region.
  
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