Finance news

• Yang Says Facebook Should Vet Political Ads: Campaign Update

  21-10-2019 23:52 via news.yahoo.com
  (Bloomberg) -- Andrew Yang, the tech entrepreneur seeking the 2020 Democratic presidential nomination, said Monday that Facebook Inc. should be accountable for false political advertising.Yang told a group of reporters and editors at an event hosted by the Washington Post that the giant social media platform should “treat those things like the cable networks do.” Some networks have refused to run Trump campaign commercials that mischaracterize former Vice President Joe Biden’s
  
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• 'Phony.' Donald Trump mocks 'emoluments' clause of U.S. Constitution that bans foreign gifts

  21-10-2019 23:46 via news.yahoo.com
  President Donald Trump slams Constitution's “phony” Emoulments clause barring federal office holders from accepting gifts from foreign governments.
  
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• U.S. Wins Court Seizure of North Korean Cargo Vessel

  21-10-2019 23:44 via news.yahoo.com
  (Bloomberg) -- The U.S. won a court battle to take control of a North Korean cargo ship that had been used to sell coal and import heavy machinery, skirting economic sanctions on the country.Federal prosecutors in New York said Monday that they secured a judgment from U.S. District Judge Kevin Castel awarding the ship, a Handysize bulk carrier known as the “Wise Honest,” to the U.S., after the government filed a forfeiture action to seize it this year.The ship was interdicted by Indo
  
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• Klobuchar tries to turn debate spotlight into momentum

  21-10-2019 23:20 via news.yahoo.com
  Several days removed from a marathon Democratic presidential debate, Amy Klobuchar was still feeling an afterglow.On the debate stage, the Minnesota senator repeatedly hit Elizabeth Warren for failing to level with voters about how she would pay for her ambitious policy proposals, exposing a vulnerability in her progressive rival and earning much needed attention for herself in a crowded primary field."It was really important to make the case that there are other ways to do things, and it doesn'
  
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• William Taylor has emerged as an unlikely hero in the Trump impeachment inquiry

  21-10-2019 23:17 via news.yahoo.com
  William Taylor has emerged as an unlikely hero in the impeachment inquiry of President Trump. The former Army officer and retired career civil servant is chargé d'affaires at the U.S. embassy in Ukraine. But he was drawn into a Trump administration effort to leverage U.S. military aid for Ukraine, an effort Taylor believed was improper and tried to stop.
  
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• Doctors still need to tell parents about safe infant sleep practices

  21-10-2019 23:13 via news.yahoo.com
  Researchers survey responses from more than 34,000 mothers on how often they followed four essential practices: placing infants to sleep on their back; putting babies to bed in a crib or other safe sleep surface; room sharing without bed sharing; and keeping soft objects and loose bedding away from sleeping babies.
  
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• Democrats Seek Insider Trading Probe After ‘Trump Chaos’ Article

  21-10-2019 23:09 via news.yahoo.com
  (Bloomberg) -- Democratic lawmakers are increasingly demanding that U.S. authorities investigate allegations raised in a recent magazine article that traders might be using non-public government information to reap huge illegal profits, even as the exchange where the transactions purportedly took place called the story “patently false.”In a Monday letter, 14 Democratic senators urged the heads of the Justice Department, FBI, Commodity Futures Trading Commission and Securities and Exc
  
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• Russia’s Troll Farm Is Kind of Sh*tting the Bed on Facebook

  21-10-2019 23:04 via news.yahoo.com
  Photo Illustration by The Daily Beast/GettyFacebook on Monday removed nearly 200 newly discovered fake accounts linked separately to Iran and to Russia’s Internet Research Agency. The takedowns demonstrate that foreign influence operations are already targeting the 2020 election, but provide evidence that Russia’s notorious troll farm is struggling to regain anything close to the influence in held in 2016.The new wave of takedowns targeted separate networks of deceptive accounts crea
  
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• Billionaire Isabel dos Santos Denies Wrongdoing at Sonangol

  21-10-2019 22:58 via news.yahoo.com
  (Bloomberg) -- Isabel dos Santos, Africa’s richest woman and the daughter of former Angolan President Jose Eduardo dos Santos, said she did nothing wrong when she was chairwoman of state-owned oil company Sonangol and called a probe into the transfer of millions of dollars from the Luanda-based firm “political vengeance.”Angolan newspaper Novo Jornal reported on Oct. 18 that Angola’s prosecuting authority started a criminal investigation into the transfer of $38 million f
  
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• Correction: Crane Demolition story

  21-10-2019 22:55 via news.yahoo.com
  In a story Oct. 20 about the demolition of two construction cranes at the site of a partially collapsed building in New Orleans, The Associated Press reported erroneously that the cranes weighed thousands of tons.NEW ORLEANS (AP) — Thundering explosions toppled two cranes Sunday that had loomed precariously for days over a partially collapsed hotel in New Orleans, in what city officials hailed as a success and said efforts now would focus on retrieving two bodies still inside the ruined bu
  
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• Truck driver indicted on 23 counts in motorcyclist deaths

  21-10-2019 22:53 via news.yahoo.com
  A pickup truck driver accused of causing a collision that killed seven motorcyclists in New Hampshire has been indicted on 23 charges saying he negligently caused the deaths and was under the influence of one or more drugs at the time.Volodymyr Zhukovskyy , 23, of Springfield, Massachusetts, is to be arraigned by video on Nov. 5.The negligent homicide-DUI charges accuse Zhukovskyy of driving under the influence of a controlled drug or drugs at the time of the crash.
  
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• A West Point cadet and his M4 rifle have been missing for three days

  21-10-2019 22:49 via news.yahoo.com
  Officials said that the cadet, member of the class of 2021, is not believed to be a threat to the public, but could be a threat to himself.
  
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• There's a reasonable explanation why this mom saw a 'ghost baby' in her sleeping son's crib

  21-10-2019 22:38 via news.yahoo.com
  This mom's 'ghost baby' baby monitor mix-up has us all laughing.
  
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• Warren Calls on DHS to Allow Transgender Migrants Immediate Entry Into U.S.

  21-10-2019 22:05 via news.yahoo.com
  Senators Elizabeth Warren (D., Mass.) and Tammy Baldwin (D., Wisc.) sent a letter on Thursday to the Department of Homeland Security urging the agency to allow transgender migrants to remain in the U.S. while their asylum cases are processed, rather than being returned to Mexico in accordance with current policy.Under the recently-introduced Migrant Protection Protocols, the Trump administration requires that asylum-seekers who arrive at the southern border remain in Mexico while their claims ar
  
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• San Jose to propose turning PG&E into giant customer-owned utility - WSJ

  21-10-2019 22:01 via news.yahoo.com
  Mayor Sam Liccardo said in an interview to the WSJ the city served by PG&E hopes to persuade other cities and counties in coming weeks to line up behind the plan.The plan is to strip PG&E of its status as an investor-owned company and turn it into a nonprofit, electric-and-gas cooperative, the Monday's report https://on.wsj.com/2JaJWJg added.Liccardo told the WSJ the time has come for the people dependent on PG&E for essential services to propose a new direction.
  
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• US takes step to require DNA samples from asylum-seekers

  21-10-2019 21:55 via news.yahoo.com
  The Trump administration is planning to collect DNA samples from asylum-seekers and other migrants detained by immigration officials and will add the information to a massive FBI database used by law enforcement hunting for criminals, a Justice Department official said.The Justice Department on Monday issued amended regulations that would mandate DNA collection for almost all migrants who cross between official entry points and are held even temporarily.
  
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• Pompeo says Trump is ‘fully prepared’ to take military action against Turkey if necessary, which would shatter NATO to pieces

  21-10-2019 21:55 via news.yahoo.com
  This comment came a little over two weeks after Trump's decision to withdraw US troops from northeast Syria, which paved the way for Turkey to invade.
  
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• Pompeo says Trump is 'fully prepared' to take military action against Turkey if necessary, which would shatter NATO to pieces

  21-10-2019 21:55 via news.yahoo.com
  This comment came a little over two weeks after Trump's decision to withdraw US troops from northeast Syria, which paved the way for Turkey to invade.
  
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• Deep-sea researchers discover second missing Battle of Midway ship

  21-10-2019 21:45 via news.yahoo.com
  After the recent discovery of a Japanese aircraft carrier that was destroyed in the 1942 Battle of Midway, researchers combing through the deep seas for lost World War II-era warships have found the remains of another craft.Discovered nearly 5,500-metres below the surface in the Papahanaumokuakea Marine National Monument, roughly 2,000 kilometres from Pearl Harbour, the carrier Akagi was found by a crew using an autonomous underwater vehicle on Sunday morning.
  
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• Democrats are lining up to take Elijah Cummings' Oversight Committee chairmanship

  21-10-2019 21:43 via news.yahoo.com
  There's a long line of Democrats ready to take up one helm of the impeachment probe.House Oversight Committee Chair Elijah Cummings (D-Md.) died last week after longstanding health problems, leaving open his spot at one of the committees investigating President Trump. Talks of his replacement have been quiet out of respect for Cummings, but a handful of Democrats have said they're looking to take the position, The Washington Post reports.Rep. Carolyn B. Maloney (D-N.Y.) is the most senior Democr
  
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• The Orionids meteor shower peaks this week. Here's how to see the shooting stars from the dust of Halley's Comet.

  21-10-2019 21:39 via news.yahoo.com
  The Orionids make for a dramatic show, with shooting stars leaving glowing trains of dust and fireballs exploding in the sky.
  
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• Impeachment Will Affect the 2020 Democratic Race—and Not in the Way That You Think

  21-10-2019 21:35 via news.yahoo.com
  The six Democratic Senators who are also running for president may be required to be in Washington during the early primary campaign.
  
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• The story behind a soldier's act of solidarity with the US allies Trump is leaving behind in Syria

  21-10-2019 21:32 via news.yahoo.com
  A US solider was photographed wearing a patch in apparent solidarity with the Kurdish-backed forces that the US is leaving behind.
  
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• Castro says he needs $800,000 in 10 days or campaign is over

  21-10-2019 21:29 via news.yahoo.com
  Former Obama administration housing secretary Julián Castro said Monday that he'd drop out of the presidential race if he doesn't raise $800,000 in 10 days — following the lead of rival Cory Booker, who rode a similar plea to a recent uptick in donations. Last month, Booker, a New Jersey senator, made a similar request and raised $2.1 million in just 10 days , after a number of his opponents and other elected officials rallied around him and encouraged people to donate. Castro has t
  
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• U.S. proposes collecting DNA samples from detained immigrants

  21-10-2019 21:19 via news.yahoo.com
  The Justice Department said the proposed rule would be officially published on Tuesday and subject to 20 days of public comment.It represents the latest initiative by President Donald Trump's administration to reduce legal and illegal immigration, an issue central to his 2020 re-election campaign.The rule proposes collecting DNA samples from any immigrant "detained under the authority of the United States," which could include first-time border crossers whose offense is a misdemeanor.
  
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• Trump cites ‘phony Emoluments Clause’ for G-7 controversy

  21-10-2019 21:19 via news.yahoo.com
  At a Cabinet meeting, President Trump blamed the “phony Emoluments Clause” in the U.S. Constitution for the controversy over his decision to have the G-7 summit at his resort in Doral, Fla.
  
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• Poll: Majority of Americans lacks confidence in Trump when it comes to making Supreme Court picks

  21-10-2019 21:07 via news.yahoo.com
  A Marquette University poll shows most Americans have little faith in President Trump's ability to pick the right person for next Supreme Court vacancy.
  
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• China foreign minister slams 'unacceptable' violence in Hong Kong

  21-10-2019 21:02 via news.yahoo.com
  China's foreign minister on Monday denounced the "unacceptable" violence by protesters in Hong Kong, saying they had been encouraged by "foreign forces"."What is happening in Hong Kong today are in no way peaceful protests," Wang Yi said in an interview with AFP in Paris.Hong Kong has been riven by increasingly violent protests for more almost five months, with demonstrators demanding greater democracy and police accountability as violence spirals on all sides.
  
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• Trump: U.S. troops won't immediately return from Syria, ceasefire could be extended

  21-10-2019 21:01 via news.yahoo.com
  U.S. President Donald Trump on Monday said he did not want to leave any American troops in Syria, but that U.S. forces leaving the country now would deploy elsewhere before eventually returning to the United States. Trump, speaking at a meeting of his Cabinet at the White House, also said it appeared a five-day pause negotiated last week in the Turkish offensive against U.S.-allied Kurdish-led fighters in northern Syria was holding despite some skirmishes, and that it could possibly go beyond Tu
  
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• Israel's Netanyahu gives up on forming new coalition

  21-10-2019 20:58 via news.yahoo.com
  Prime Minister Benjamin Netanyahu announced Monday that he had failed to form a majority government in parliament, marking a major setback for the embattled Israeli leader that plunges the country into a new period of political uncertainty.In a statement, Netanyahu said he had worked "tirelessly" to establish a unity government with his chief rival, former military chief Benny Gantz, but been repeatedly rebuffed.Facing a Wednesday deadline, Netanyahu said he was returning the "mandate" to Presid
  
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• US targets Cuba tourism with tighter airline sanctions

  21-10-2019 20:57 via news.yahoo.com
  The US moved to further hurt Cuba's vital tourism industry by tightening the ability of the country's airlines to lease aircraft.The US Department of Commerce said it was revoking existing licenses for US companies leasing aircraft to Cuban carriers, and will deny future applications for aircraft leases.The move could make it harder for Cuba to service its rapidly growing tourism sector, a key source of foreign revenue for the poor country.
  
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• Trump feeds Clinton-Gabbard feud: She's 'accusing everybody of being a Russian agent'

  21-10-2019 20:55 via news.yahoo.com
  President Trump on Monday stepped gleefully into a name-calling dispute between Hillary Clinton and Rep. Tulsi Gabbard.
  
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• Trump denies he betrayed the Kurds: 'We never gave a commitment'

  21-10-2019 20:55 via news.yahoo.com
  President Trump told reporters Monday that the U.S. still has a "good relationship with the Kurds."
  
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• Bernie Sanders says Alexandria Ocasio-Cortez will work in his administration if he's president

  21-10-2019 20:53 via news.yahoo.com
  Bernie Sanders was asked in a joint interview if he would consider Ocasio-Cortez to be his running mate. The congresswoman answered for him: "I think I'm too young for that."
  
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• Judge asked to stop student suspension over note about rape

  21-10-2019 20:47 via news.yahoo.com
  A high school activist's comment about rape posted on a bathroom mirror represents constitutionally protected free speech — and punishing her would discourage young victims from coming forward, an attorney said Monday.The sticky note that proclaimed "There's a rapist in our school and you know who it is" aimed to call attention to the unaddressed problem of sexual assaults, said Emma Bond from the American Civil Liberties of Maine.U.S. District Judge Lance Walker, who listened to the argum
  
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• Contributions to Catholic Church plunge amid sex abuse crisis as Vatican 'faces default' over financial failings

  21-10-2019 20:47 via news.yahoo.com
  Worldwide donations to the Catholic Church have plunged in the wake of sex abuse scandals that have eroded faith in the Vatican, a new book claims. The Church’s finances are in such a dire state – a result of a toxic mix of incompetence, internal wrangling and corruption – that the Vatican risks a default by 2023, according to the expose. The amount of money donated by ordinary Catholics to the Church, known as Peter’s Pence, has plummeted from €101 million in 2006 t
  
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• Poll: Majority of Mexicans say organized crime stronger than government after El Chapo’s son released

  21-10-2019 20:41 via news.yahoo.com
  A majority of Mexicans see organized crime as more powerful than the Mexican government after government forces capitulated to drug-cartel strongmen and released the son of the former cartel leader Joaquín Guzmán, known as “El Chapo.”
  
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• Indiana mayor Pete Buttigieg surging as moderate alternative to Joe Biden in Iowa poll

  21-10-2019 20:28 via news.yahoo.com
  Democratic candidate Pete Buttigieg has seen a surge in support to put him in third place in Iowa, according to a new poll, closely trailing the race's front runners Joe Biden and Elizabeth Warren in the crucial state. Mr Buttigieg, once viewed as an obscure Midwestern mayor, received 13 per cent of support from voters in a Suffolk University/USA TODAY poll in Iowa - the first state to vote in the Democratic primary.  Mr Biden, a former US Vice President, and Ms Warren, a senator for Massac
  
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• Trump blames Constitution's ‘phony Emoluments Clause’ for G-7 debacle

  21-10-2019 20:27 via news.yahoo.com
  President Trump on Monday defended his initial plan to host next year’s summit of world leaders at his golf resort near Miami, dismissing concerns that he would have personally profited from the decision.
  
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• Trump just called the Constitution's emoluments clause 'phony'

  21-10-2019 20:25 via news.yahoo.com
  Who cares about emoluments? Not President Trump, that's for sure.During a Cabinet meeting Monday, Trump defended his now-reversed decision to host the 2020 Group of Seven Summit at the Trump National Doral Miami resort. While on a tangent, the president hand-waved the Emoluments Clause, which prohibits the federal government from receiving gifts or titles from foreign states without the consent of Congress. Trump described it as "phony," making it unclear if he's aware that it's in the Constitut
  
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• Mitt Romney could vote to remove Donald Trump from office as feud escalates

  21-10-2019 20:22 via news.yahoo.com
  Mitt Romney has declined to rule out voting to remove Donald Trump from office if he is impeached, instead giving an excoriating account of the US president’s personal behaviour and saying he will keep an open mind on the issue. Mr Romney, the former Republican presidential nominee now a senator for Utah, escalated his long-running clash with Mr Trump in a pair of interviews published over the weekend with the political website Axios and magazine The Atlantic. Among the targets of Mr Romne
  
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• Cracks in Republican dam as frustration with Trump mounts

  21-10-2019 20:17 via news.yahoo.com
  Fissures are emerging among Republican lawmakers over US President Donald Trump, who is threatened with impeachment, as his troop withdrawal from Syria and abortive push to host the G7 at his own resort cause increasing dismay.Trump's self-inflicted wounds are making it harder for some Republicans to remain quiet or unwaveringly loyal during what could be an inflection point in his presidency.Democrats are readying articles of impeachment, the catalyst being Trump's July phone call to his Ukrain
  
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• Donald Trump calls for public identification of Ukraine whistleblower

  21-10-2019 20:15 via news.yahoo.com
  Railing against impeachment, President Trump called for the identification of the whistleblower who accused him of improperly pressuring Ukraine.
  
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• Trump says being president has cost him $2 billion to $5 billion

  21-10-2019 20:08 via news.yahoo.com
  U.S. President Donald Trump said on Monday that being president has cost him between $2 billion and $5 billion that he would have made if he had continued running his business instead of getting into politics, a claim unsupported by evidence.After Trump made a similar claim in August, Forbes wrote "Trump is not losing $3 billion to $5 billion.While Trump's personal fortune held steady over the past year, he vaulted higher on the Forbes list of the world's richest people as dozens of his fellow t
  
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• Lonely Planet releases their picks for top destinations to visit in 2020

  21-10-2019 20:06 via news.yahoo.com
  A kingdom that has pledged to become completely organic by next year and the city that will toast the centenary anniversary of the world's most important classical music festival are among the top destinations to visit in 2020, as chosen by the tastemakers of travel guide Lonely Planet. 
  
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• Cruz, Ocasio-Cortez Join to Condemn Apple Decision to Pull Hong Kong App

  21-10-2019 20:03 via news.yahoo.com
  A bipartisan group of lawmakers sent a letter to Apple CEO Tim Cook on Friday urging him to “demonstrate that Apple puts values above market access” by reversing a decision to remove an app that allowed pro-democracy protesters in Hong Kong to track police officers.The app, HKMap.live, used crowdsourcing to let users know where police were positioned, as well as the locations of water cannons and tear gas.Hong Kong has been roiled by violent protests for months. The demonstrations be
  
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• 'Lost' Road Built by Christ's Executioner Unearthed

  21-10-2019 19:52 via news.yahoo.com
  Pontius Pilate likely commissioned the street during or after 31 AD.
  
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• Trump said the emoluments clause is 'phony.' But it's part of the US Constitution.

  21-10-2019 19:51 via news.yahoo.com
  The emoluments clause bars public officials from receiving gifts or cash from foreign or state governments without congressional approval.
  
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• Fidelity drops Fisher's money management firm as withdrawals accelerate

  21-10-2019 19:45
  Fidelity Investments has dropped Fisher Investments as a money manager, a Fidelity spokesman said on Monday, the latest in an accelerating series of withdrawals from the firm over allegedly sexist...
  
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• Trump 'like a squirrel caught in traffic' during Pentagon meeting: Aide

  21-10-2019 19:41 via news.yahoo.com
  In President Trump's first full briefing at the Defense Department, he requested a grand "Victory Day" parade with "vehicles and tanks on Main Street" and down Pennsylvania Avenue, like the "amazing" parade he'd just witnessed in France, Guy Snodgrass, a top aide to then-Defense Secretary James Mattis, recounts in his new book, "Holding the Line." "The Fourth of July is too hot," Trump added.
  
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