Finance news

• UPDATE 2-China signals veto in standoff with U.S. over Afghan U.N. mission - diplomats

  16-09-2019 23:59 via news.yahoo.com
  China and the United States are deadlocked over a U.N. resolution to extend a mission in Afghanistan, with Beijing signaling it will cast a veto because there is no reference to its Belt and Road project, diplomats said on Monday.A planned vote on Monday by the 15-member Security Council to renew the U.N. mission, known as UNAMA, was delayed to Tuesday to allow for more negotiations.
  
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• UPDATE 1-China signals veto in standoff with U.S. over Afghanistan U.N. mission -diplomats

  16-09-2019 23:59 via news.yahoo.com
  China and the United States are deadlocked over a U.N. Security Council resolution to extend the world body's political mission in Afghanistan, with Beijing signaling it will cast a veto because there is no reference to its global Belt and Road infrastructure project, diplomats said on Monday.A planned vote on Monday by the 15-member Security Council to renew the mission, known as UNAMA, was delayed to Tuesday to allow for further negotiations.
  
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• Wisconsin man accused of making THC cartridges charged

  16-09-2019 23:55 via news.yahoo.com
  A Wisconsin man suspected of running an illegal operation to manufacture vaping cartridges flew to California last month to get THC oil in bulk to fill thousands of cartridges to sell, prosecutors said Monday in charging documents.Authorities in Kenosha, Wisconsin, arrested 20-year-old Tyler Huffhines on Sept. 5 after parents tipped off police when they saw their teenage son with one of the cartridges.Prosecutors say Huffhines employed 10 people to fill the cartridges with THC oil at a condo he
  
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• Times faces questions all around for Kavanaugh story

  16-09-2019 23:43 via news.yahoo.com
  Between an offensive tweet and a significant revision, the New York Times' handling of a new sexual misconduct allegation against Supreme Court Justice Brett Kavanaugh attracted almost as much attention as the accusation itself.The story also gave President Donald Trump and his allies fresh ammunition in his campaign against the media, where the Times was already a favorite target.The revelation that led several Democratic presidential contenders to call for Kavanaugh's impeachment came in the 1
  
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• Dog Shot, Killed During Virginia Beach Home Burglary

  16-09-2019 23:37 via news.yahoo.com
  Police in Virginia Beach are investigating after a dog was shot and killed during a burglary attempt at a home in the city around 4 a.m.
  
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• The Latest: GOP stands by Kavanaugh, rips NY Times

  16-09-2019 23:35 via news.yahoo.com
  The chairman of the Senate committee that hosted Supreme Court Justice Brett Kavanaugh's confirmation hearings is ripping The New York Times for publishing "unsubstantiated" allegations.Iowa Republican Sen. Chuck Grassley on Monday said the paper's publication of a new, uninvestigated allegation of sexual misconduct against Kavanaugh is a "shameful" and "irresponsible" move that undermines the paper's credibility.
  
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• Prudential subsidiaries to pay nearly $33 million to settle disclosure charges: SEC

  16-09-2019 23:33
  Two Prudential subsidiaries have agreed to pay nearly $33 million to settle charges they failed to disclose conflicts of interest and made misleading disclosures regarding 94 insurance-dedicated...
  
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• Detroit mayor wants to wipe out residential blight with bonds

  16-09-2019 23:32 via news.yahoo.com
  Detroit Mayor Mike Duggan unveiled a plan on Monday to sell up to $250 million of bonds to tackle the city's remaining blighted and abandoned houses over the next five years.If approved by the Detroit City Council, a bond measure would be placed on the March ballot, marking the first vote by residents on bonds since the city exited municipal bankruptcy in 2014.Proceeds from the 30-year bonds, along with annual appropriations from the city's budget, would be used to accelerate the demolition of 1
  
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• Democrats are calling for Brett Kavanaugh to be impeached. How would that work?

  16-09-2019 23:14 via news.yahoo.com
  The battered copy of the Constitution that Kavanaugh carried to his confirmation hearings makes clear that federal judges, like other officials, can be impeached.
  
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• AP Explains: Why auto workers went on strike against GM

  16-09-2019 23:11 via news.yahoo.com
  More than 49,000 union auto workers at General Motors are walking picket lines, silencing more than 50 company factories and parts depots in a strike over contract negotiations.The dispute boils down to this: GM has been highly profitable since emerging from the Great Recession, and now that the company is healthy, workers want a bigger slice.GM, though, wants to protect profits as it faces a global sales slowdown, tariff threats and another possible recession.
  
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• Conservative group known for hardball tactics leads charge in Kavanaugh defense

  16-09-2019 23:08 via news.yahoo.com
  A conservative group that has aided the confirmation of President Trump’s judicial nominees is now leading the GOP's charge against the most recent allegation of sexual assault against Supreme Court Justice Brett Kavanaugh.
  
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• Low-tier candidates could threaten Sanders in New Hampshire

  16-09-2019 22:45 via news.yahoo.com
  Bernie Sanders turned his outsider credentials and call for political revolution into a commanding victory in the 2016 New Hampshire primary.On their own, Andrew Yang, Tulsi Gabbard and Marianne Williamson sit near the bottom of the New Hampshire polls."There could be six points there that Bernie loses," said veteran Democratic operative Mark Longabaugh, who previously worked for Sanders.
  
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• FiveThirtyEight breaks down latest Dem. presidential candidate poll

  16-09-2019 22:45 via news.yahoo.com
  FiveThirtyEight elections analyst Nathaniel Rakich explains the latest polls for the Democratic presidential candidates following the ABC News primary debate in Houston.
  
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• Trump says oil price rise after attack on Saudi plants 'not a problem'

  16-09-2019 22:23 via news.yahoo.com
  U.S. President Donald Trump on Monday downplayed the impact of a spike in oil prices in the wake of the attacks on Saudi oil plants, saying prices had not risen much and that the United States and other countries could offset the increase by releasing more supply."They haven't risen very much and we have the strategic oil reserves, which are massive, and we can release a little bit of that, and other countries ... can be a little bit more generous with the oil, and you'd bring it right down," Tr
  
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• California homeowner scares off masked men who kicked in door

  16-09-2019 22:17 via news.yahoo.com
  Two masked-man kicked in the front door of a Pleasanton home in an attempted home-invasion -- and it was all caught on surveillance video.
  
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• A look at the revived allegations against Justice Kavanaugh

  16-09-2019 22:11 via news.yahoo.com
  A new claim of decades-old sexual impropriety by Justice Brett Kavanaugh is rekindling the controversy that nearly derailed his confirmation to the Supreme Court last year.The allegation was unearthed by two New York Times reporters in their research for a book about the Kavanaugh confirmation.The book says the FBI was made aware of but did not investigate the incident, purported to take place when Kavanaugh was a Yale University student in the 1980s.
  
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• Manhattan District Attorney Issues Subpoena for Trump’s Tax Returns

  16-09-2019 22:06 via news.yahoo.com
  New York state prosecutors, led by Manhattan district attorney Cyrus R. Vance Jr., have subpoenaed President Trump's accounting firm for records of his tax returns for the last eight years, according to a report from the New York Times.The subpoena is part of an investigation into hush-money payments made by the president to adult-film actress Stormy Daniels during the 2016 presidential campaign. Trump's lawyer and fixer, Michael D. Cohen, was convicted in federal court of breaking campaign-fina
  
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• Ex-PM Cameron says Johnson believed Brexit would be 'crushed'

  16-09-2019 21:53 via news.yahoo.com
  Former prime minister David Cameron, who quit after calling Britain's EU membership referendum in 2016 -- said Boris Johnson had told him he was sure Brexit would be "crushed like a toad".Cameron has broken a long spell of silence that followed his resignation to promote a tell-all book about who said what as Britain approached the historic vote."He thought that the Brexit vote would be lost but he didn't want to give up the chance of being on the romantic, patriotic nationalistic side of Brexit
  
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• Qatar announces new residency scheme for investors

  16-09-2019 21:50 via news.yahoo.com
  Qatar announced Monday it will grant residency to foreign investors for the first time, state media reported, the latest in a series of measures designed to diversify the economy.Foreigners investing an unspecified level of "non-Qatari capital" in the economy will be eligible for renewable five-year residency permits, the state-run Qatar News Agency reported.Real estate developers active in Qatar's property market will also be eligible for the scheme, under the new law.
  
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• Dutch court to hear case against Israel's Gantz

  16-09-2019 21:47 via news.yahoo.com
  A Dutch court will consider on Tuesday a request to hear a civil suit seeking damages from former Israeli armed forces chief Benny Gantz, who is standing against Prime Minister Benjamin Netanyahu in a parliamentary election.The hearing on admissibility will be held in a Dutch district court as voting gets under way in Israel.The case has been brought by a Dutch national of Palestinian descent using Dutch universal jurisdiction laws.
  
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• Epstein accusers denied compensation in victims' rights case

  16-09-2019 21:43 via news.yahoo.com
  A group of women who say they were sexually abused by Jeffrey Epstein suffered a setback Monday in their decade-long legal fight over a plea deal that allowed the financier to avoid a lengthy prison term.A federal judge in West Palm Beach, Florida, ruled that the women were not entitled to compensation from the U.S. Justice Department, even though prosecutors violated their rights by failing to consult them about the 2008 deal to end a federal probe that could have landed Epstein in prison for l
  
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• US soldier killed in Afghanistan after failed peace talks

  16-09-2019 21:42 via news.yahoo.com
  A US Special Forces soldier was killed in Afghanistan on Monday morning, according to a statement from Department of Defence officials.The soldier is the 17th American service member to die during combat operations in 2019, already marking this year’s death toll as the highest since 2014.
  
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• They were once the face of the anti-Trump resistance, but now 3 original Women’s March co-chairs are out after accusations of anti-Semitism

  16-09-2019 21:40 via news.yahoo.com
  Women's March leaders Linda Sarsour, Tamika Mallory, and Bob Bland are officially out of the organization, following numerous controversies.
  
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• US service member killed in action in Afghanistan: NATO

  16-09-2019 21:29 via news.yahoo.com
  An American service member was killed in Afghanistan, the US-led NATO mission said Monday, the latest US fatality after talks between Washington and the Taliban crumbled."A US service member was killed in action today in Afghanistan," NATO's Resolute Support mission said in a brief statement.The death brings the number of US military personnel killed in action in Afghanistan this year to at least 17, just as Washington is seeking a way out of its longest war.
  
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• California Bans State-Sponsored Travel to Iowa over Refusal to Provide Medicaid Coverage for Gender-Reassignment Surgeries

  16-09-2019 21:25 via news.yahoo.com
  California added an eleventh state to its travel blacklist on Friday, banning state-sponsored travel to Iowa over that state's refusal to cover gender-transition surgeries under its Medicaid program.California attorney general Xavier Becerra announced the decision to add Iowa to the travel-ban list, which takes effect October 4 and means public employees and college students will not be able to travel to Iowa on the taxpayer's dime.In May, Iowa governor Kim Reynolds signed a law blocking Medicai
  
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• A new image of a mysterious object careening toward our solar system strongly suggests it's the first comet from another star system

  16-09-2019 21:25 via news.yahoo.com
  C/2019 Q4 is likely the first comet ever detected that came from another star system. Our clearest image of it shows its dust cloud and gas tail.
  
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• Saudi Aramco attacks: What we know so far

  16-09-2019 21:13 via news.yahoo.com
  * Yemen's Iran-aligned Houthi group, which is battling a Saudi-led coalition in Yemen, claimed responsibility for the attacks on Saturday on sites run by state-owned Saudi Aramco.* U.S. Secretary of State Mike Pompeo ruled out Yemeni involvement and accused Iran of leading the attacks.* U.S. President Donald Trump said the United States, which is embroiled in a row with Iran over its nuclear ambitions, was "locked and loaded" for a potential response.
  
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• U.S. crude export demand surges after attack on Saudi facilities

  16-09-2019 21:08 via news.yahoo.com
  NEW YORK/HOUSTON, Sept 16 (Reuters) - U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably to Asia and Europe was thrown open after attacks on Saudi Arabia's oil facilities took out 5% of global oil supplies.The attack knocked out more than half of Saudi Arabia's oil production and damaged the world's biggest crude processing plant.The attacks sparked the biggest jump in oil prices in almost 30 years, with Brent crude futures outpaci
  
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• U.S. utilities file legal challenge to Trump power plant rule

  16-09-2019 21:06 via news.yahoo.com
  The New York-based power company said in a statement on Monday that the Affordable Clean Energy (ACE) rule undermines efforts already under way to reduce greenhouse gas emissions by investing in renewable energy, electric vehicle infrastructure and energy efficiency and other clean technologies.The group of utilities, which calls itself the Power Companies Climate Coalition, have already invested heavily in adopting those technologies because their state governments passed laws requiring them to
  
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• Judge Refuses to Scrap Plea Deal That Protected Jeffrey Epstein’s Co-Conspirators

  16-09-2019 21:04 via news.yahoo.com
  Photo Illustration by The Daily Beast/GettyA federal judge refused to scrap the controversial plea deal that granted immunity to Jeffrey Epstein and his co-conspirators, seven months after ruling that it had violated the Crime Victims' Rights Act.Earlier this year, U.S. District Judge Kenneth A. Marra ruled that the U.S. Attorney’s Office in Miami under Alexander Acosta—who later became President Trump's labor secretary—broke the law in 2007 when it devised Epstein’s secr
  
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• Boy Scout leader sang naked in front of kids, and organization failed to investigate: Lawsuit

  16-09-2019 21:03 via news.yahoo.com
  A Boy Scout leader who was accused of singing naked in front of several young boys was not investigated by his troop despite multiple complaints.
  
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• Saudi oil attacks: Why would Iran strike now?

  16-09-2019 20:55 via news.yahoo.com
  Who launched the attack? The Houthi militia in Yemen - who are backed and supplied by Iran - initially claimed the attack. But experts and officials are not convinced the grpup has the organisational or operational capability. The US and Saudi Arabia claim they have evidence that Iranian weapons were used and satellite images released by the US reportedly suggested the attack had come from the northwest direction. Why would Iran launch an attack now? As talks with EU members over the ailing nucl
  
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• Putin Offers to Sell Saudis S-400 Missiles to Bolster Defenses

  16-09-2019 20:53 via news.yahoo.com
  (Bloomberg) -- President Vladimir Putin said Russia is willing to help defend Saudi Arabia by selling it the advanced S-400 anti-aircraft system after major oil facilities in the kingdom came under attack at the weekend, halting half of its crude production.“For self-defense, for the defense of one’s country, we are ready to provide help to Saudi Arabia, the political leadership of Saudi Arabia,” Putin told a joint press conference with the leaders of Iran and Turkey on Monday
  
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• Newly Appointed Women’s March Board Member Accused FBI of Recruiting for ISIS

  16-09-2019 20:51 via news.yahoo.com
  The Women's March announced the introduction of 16 new members to its board on Monday, one of whom once accused the FBI of recruiting for ISIS.Zahra Billoo, a civil-rights attorney who is also the director of the Council on American-Islamic Relations's San Francisco chapter, made the accusation in a 2015 tweet.> I'm more afraid of racist Zionists who support Apartheid Israel than of the mentally ill young people the FBI recruits to join ISIS. CVE> > -- Zahra Billoo (@ZahraBilloo) Februa
  
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• 'A war zone': Propane explosion kills firefighter, injures 6 others, levels building in Maine

  16-09-2019 20:45 via news.yahoo.com
  A firefighter was killed and at least six others were injured when a powerful propane explosion destroyed a new building Monday in Farmington, Maine.
  
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• 'Nobody can stop it': Saudi oil attack signals an escalating crisis

  16-09-2019 20:42 via news.yahoo.com
  Trump is letting Riyadh decide about whether to retaliate against Iran – and if that happens, Iranians would likely raise the stakesThis satellite overview shows damage to oil and gas infrastructure from drone attacks at Haradh Gas Plant on 14 September 2019 in Saudi Arabia. Photograph: HO/AFP/Getty ImagesThe attack on Saudi oil facilities is the latest, most violent, example of an escalating series of gambits rival powers in the Gulf aimed at achieving their objectives by all measures sho
  
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• Former Ohio judge gets life in prison for killing ex-wife in front of daughters

  16-09-2019 20:38 via news.yahoo.com
  A former Ohio judge was given life in prison last week over the brutal 2018 stabbing death of his ex-wife and the mother of his children.
  
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• California governor acts to stem 'epidemic' of youth vaping

  16-09-2019 20:32 via news.yahoo.com
  California's governor on Monday ordered a public awareness campaign on health risks posed by a "youth epidemic" of vaping, but said he lacked authority to unilaterally ban flavored e-cigarettes that he said were deliberately marketed to children.Governor Gavin Newsom, acting a day after New York Governor Andrew Cuomo announced such a ban, became the latest politician seeking to crack down on e-cigarettes and other electronic inhaling - or vaping - devices, which have exposed a new generation of
  
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• Arrested Canadian police official had access to foreign intelligence

  16-09-2019 20:26 via news.yahoo.com
  A senior Royal Canadian Mounted Police (RCMP) intelligence officer arrested last week for allegedly stealing sensitive documents had access to information from Canada's foreign allies, the RCMP said Monday.Cameron Ortis, who was arrested Thursday, served as the Director General of the RCMP's National Intelligence Coordination Centre and "had access to information the Canadian intelligence community possessed," the RCMP commissioner said in a statement.
  
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• Mexico: 5 shot dead in Tabasco bar amid holiday celebrations

  16-09-2019 20:15 via news.yahoo.com
  The prosecutor's office in the Gulf coast state of Tabasco said in a statement that the victims were all adult males, three of them brothers.It added that the attack took place in Rio Tinto, outside the state capital of Villahermosa.The federal Department of Security and Citizen Protection had said previously that the shootings happened in Villahermosa.
  
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• Elon Musk says 'pedo guy' tweet did not suggest British cave diver was pedophile

  16-09-2019 20:06 via news.yahoo.com
  Elon Musk on Monday said he did not intend to accuse a British diver of pedophilia by branding him a "pedo guy" on Twitter, as the Tesla Inc chief executive sought to dismiss a defamation lawsuit.Musk posted the tweet, for which he later apologized, after Vernon Unsworth accused Musk in a CNN interview of grandstanding by offering to help Unsworth's diving team rescue 12 boys and their soccer coach from a Thailand cave in July 2018.Unsworth sued two months later in Los Angeles federal court, say
  
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• China Might Not Actually Be Able to Hold Its South China Sea Bases but That's Not the Point

  16-09-2019 20:00 via news.yahoo.com
  What does Bejing plan to do with them?
  
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• GOP 2020 candidate Joe Walsh: 'The Republican Party is a cult'

  16-09-2019 19:55 via news.yahoo.com
  Republican leaders in South Carolina, Nevada, Arizona and Kansas have all canceled their party's presidential primary.
  
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• AOC Calls for Kavanaugh’s Impeachment following Botched NYT Article

  16-09-2019 19:52 via news.yahoo.com
  Representative Alexandria Ocasio-Cortez (D., N.Y.) called for the impeachment of Supreme Court justice Brett Kavanaugh in a tweet on Monday, amid controversy over a discredited New York Times story detailing further allegations of sexual-misconduct against Kavanaugh that was published Saturday.Along with her tweet, which was posted, then deleted, and then posted again without explanation, Ocasio-Cortez shared a video of a speech she gave at what appears to be a rally against Kavanaugh's then-imp
  
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• Morgan Stanley retains billing as top adviser in activist fights: Refinitiv data

  16-09-2019 19:43
  Morgan Stanleyranked as the top financial adviser in activist campaigns during the first six months of 2019 while Goldman Sachsand Spotlight Advisors each added clients and tied for second place,...
  
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• Obama’s team lines up to defend Andrew McCabe in court

  16-09-2019 19:24 via news.yahoo.com
  Obama-era national security leaders would testify on behalf of McCabe should he face trial over allegations that he misled officials about leaks to the media.
  
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• Judge's stern barks at dogfighting defendants prompt appeals

  16-09-2019 19:24 via news.yahoo.com
  The judge didn't mince words when it came time to sentence five North Carolina men in an illegal dogfighting operation that involved more than 150 pit bulls."Either the dogs have to be eliminated from the world or the people who fight the dogs or both, but there needs to be an intervention by the law and it's going to start here," U.S. District Judge Terrence Boyle said.The men are now using the judge's words to appeal their sentences, arguing that he should have taken himself off the case becau
  
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• IS leader calls on fighters to free detained comrades

  16-09-2019 19:23 via news.yahoo.com
  The leader of the Islamic State group released a new alleged audio recording Monday calling on members of the extremist group to do all they can to free IS detainees and women held in jails and camps.The purported audio by Abu Bakr al-Baghdadi, in which he also said that his group is carrying out attacks in different countries, was his first public statement since April, when the shadowy leader appeared in a video for the first time in five years.With a $25 million U.S. bounty on his head, al-Ba
  
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• UPDATE 1-U.S. service member killed in Afghanistan

  16-09-2019 19:20 via news.yahoo.com
  A U.S. service member was killed in Afghanistan on Monday, the NATO-led Resolute Support mission said, after the collapse of talks between the United States and Taliban to end the nearly 18-year old war.It said the service member was killed in action but did not provide further details.This brings the number of U.S. service members killed in combat in Afghanistan to 17 this year.
  
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• Judiciary chairman throws cold water on Kavanaugh impeachment

  16-09-2019 19:18 via news.yahoo.com
  Jerry Nadler says the committee is too busy "impeaching the president" to consider investigating the Supreme Court justice.
  
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