Finance news

• California wildfires: fierce winds may spread blazes as millions lose power

  29-10-2019 23:49 via news.yahoo.com
  * Kincade fire threatens 90,000 structures as new blackouts planned* ‘Extreme red flag warning’ issued in southFire near the Getty Museum in Los Angeles on Monday. Photograph: Xinhua/Barcroft MediaMillions of Californians prepared for days of darkness as the United States’ largest utility once again said it was switching off power to prevent powerful winds from damaging its equipment and sparking more fires.Meanwhile, firefighters were battling wildfires across the state on Tue
  
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• Iran, Russia lash out at US plans to protect oil in Syria

  29-10-2019 23:47 via news.yahoo.com
  Iran and Russia on Tuesday criticized and scoffed at Trump administration plans to protect oil deposits in Syria, with Russian Foreign Minister Sergey Lavrov accusing Washington of "illegal" actions.Lavrov joined Iranian Foreign Minister Mohammad Javad Zarif and Turkish Foreign Minister Mevlut Cavusoglu in Geneva to lend support to U.N.-backed talks among Syrian government, opposition and civil society delegations on the country's constitution starting Wednesday.The most pointed comments at thei
  
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• Trump falsely says Chicago is more dangerous than Afghanistan, which topped the list of the world's 10 most dangerous countries in 2019

  29-10-2019 23:32 via news.yahoo.com
  The latest Global Peace Index has a new least peaceful country, assessed on metrics like political instability and deaths from conflict.
  
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• The Latest: Containment of LA wildfire increases

  29-10-2019 23:29 via news.yahoo.com
  Los Angeles Mayor Eric Garcetti says the Getty Fire has destroyed 12 homes and damaged five.The increase from a previous count of eight homes destroyed is from better accounting, not from any additional losses since Monday.Garcetti says there is no open flame but firefighters are still working to extinguish embers throughout the burned area.
  
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• New impeachment witness rocks White House

  29-10-2019 23:26 via news.yahoo.com
  A decorated Iraq War veteran rocked the White House Tuesday with devastating testimony on Donald Trump's alleged extortion of Ukraine as Democrats laid out plans for the public phase of the impeachment inquiry threatening his presidency.The Democratic-led House is investigating Trump over his bid to pressure Ukraine into digging up dirt on election rival Joe Biden -- and accusations he conditioned nearly $400 million in military aid on the political favor.National Security Council Ukraine expert
  
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• Navy upholds sentencing of Navy SEAL for posing with corpse

  29-10-2019 23:25 via news.yahoo.com
  The U.S. chief of naval operations on Tuesday denied a request for clemency and upheld a military jury's sentence that will reduce the rank of a decorated Navy SEAL convicted of posing with a dead Islamic State captive in Iraq in 2017.Adm. Mike Gilday made the decision after carefully reviewing the trial transcripts and the clemency request by the lawyers of Edward Gallagher, said Cmdr. Nate Christensen, spokesman for Gilday, in a statement.Gallagher's lawyer, Timothy Parlatore, said they are di
  
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• Iran, Russia take aim at U.S. military presence near Syrian oilfields

  29-10-2019 23:25 via news.yahoo.com
  Iran and Russia on Tuesday condemned U.S. President Donald Trump's decision to maintain a military presence near oil fields in northeastern Syria, with Russian Foreign Minister Sergei Lavrov saying any exploitation of resources would be illegal.Trump's suggestion on Sunday that Exxon Mobil Corp or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy experts.The United States will strengthen its military presence in Syria with "mechanized forces" to prevent Islami
  
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• Small plane crashes in New Jersey neighborhood, damages at least three homes

  29-10-2019 23:12 via news.yahoo.com
  A Cessna 414 crashed into a home in Colonia, New Jersey at 11 a.m., the FAA said. Authorities have not released information about any injuries.
  
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• Biden's communion denial highlights faith-politics conflict

  29-10-2019 23:09 via news.yahoo.com
  A Catholic priest's denial of communion to Joe Biden in South Carolina on Sunday illustrates the fine line presidential candidates must walk as they talk about their faiths: balancing religious values with a campaign that asks them to choose a side in polarizing moral debates.The awkward moment for Biden came during a weekend campaign swing through South Carolina, a pivotal firewall in his hopes to claim the Democratic presidential nomination.The former vice president on Sunday visited St. Antho
  
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• Mass grave near Mexican beach town yields total of 42 bodies

  29-10-2019 23:03 via news.yahoo.com
  A total of 42 bodies and skeletons have been pulled from a clandestine burial pit in the Mexican desert near the Gulf of California beach town of Puerto Penasco, which is known to U.S. tourists as Rocky Point.Four full days of digging at the spot, about 5 miles (8 kilometers) from Puerto Peñasco, revealed only two of the bodies were relatively recent and still had decomposing flesh on them.The clandestine burial pit was originally located by groups of volunteers known as the Searching Mot
  
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• Mnuchin Open to Looser Bank Liquidity Rules Backed by Dimon

  29-10-2019 23:02 via news.yahoo.com
  (Bloomberg) -- U.S. Treasury Secretary Steven Mnuchin is open to loosening financial crisis-era regulations that have stiffened liquidity rules for big banks to relieve possible cash crunches in short-term funding markets.Mnuchin said in an interview Tuesday that he had spoken to Jamie Dimon, chief executive of JPMorgan Chase & Co., and other banks about how to avoid liquidity problems.“The banks have raised an issue around intra-day liquidity, and that is something that makes sense fo
  
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• The Latest: White House blasts House impeachment resolution

  29-10-2019 22:47 via news.yahoo.com
  The White House is blasting a House resolution to formalize the impeachment inquiry into President Donald Trump.Press secretary Stephanie Grisham says in a sternly worded statement that the measure confirms that the impeachment probe "has been an illegitimate sham from the start." The resolution is scheduled to be voted on Thursday.The White House has been pushing for a vote and public hearings.
  
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• U.S. House recognizes Armenian genocide, backs Turkey sanctions

  29-10-2019 22:34 via news.yahoo.com
  The U.S. House of Representatives voted overwhelmingly on Tuesday to recognize the mass killings of Armenians a century ago as a genocide, a symbolic but historic vote instantly denounced by Turkey.The Democratic-controlled House voted 405-11 in favor of a resolution asserting that it is U.S. policy to commemorate as genocide the killing of 1.5 million Armenians by the Ottoman Empire from 1915 to 1923.The Ottoman Empire was centered in present-day Turkey.
  
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• Turkey slams U.S. move to back measure recognising Armenian "genocide"

  29-10-2019 22:30 via news.yahoo.com
  Turkish Foreign Minister Mevlut Cavusoglu slammed a move by the U.S. House of Representatives on Tuesday to vote in favour of a resolution recognising the mass killings of Armenians a century ago as a "genocide", saying the decision was "null and void".The U.S. House of Representatives voted 405-11 in favor of a resolution recognizing the mass killings of Armenians a century ago as a genocide, a symbolic but historic vote likely to inflame tensions with Turkey.In a tweet, Cavusoglu said Turkey h
  
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• Trump impeachment: Democrats respond to Republican attacks by unveiling new procedures for inquiry

  29-10-2019 22:28 via news.yahoo.com
  House Democrats unveiled new procedures for the impeachment inquiry of President Donald Trump Tuesday, responding to Republican demands for due process by setting out rules for future public hearings delving into whether Trump should be removed from office.The resolution backed by House Speaker Nancy Pelosi, D-Calif., hands the lead role to the House Intelligence Committee and its chairman, Rep. Adam Schiff, D-Calif., who would have broad latitude to organize extended questioning of potential pu
  
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• Scalise Claims Schiff Has Directed Witnesses Not to Answer Republicans’ Questions During ‘Soviet Style’ Impeachment Hearings

  29-10-2019 22:24 via news.yahoo.com
  House Minority Whip Steve Scalise (R., La.) lambasted House Intelligence Chairman Adam Schiff for allegedly shutting down questions from House Republicans in an impeachment inquiry hearing, calling it “a Soviet-style process.”“That might be what they do in the Soviet Union, not the United States of America. We can’t stand for this, the American people are being denied equal justice,” Scalise stated.> House Minority Whip @SteveScalise rips into Democratic "soviet
  
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• Republicans step in to defend ‘Never Trumper’ war veteran after president rallies attacks on impeachment witness

  29-10-2019 22:23 via news.yahoo.com
  Donald Trump and right-wing media figures have questioned the credibility and loyalty of a key witness in the president's impeachment investigation, prompting several senior Republicans have come to his defence.Lt Col Alexander Vindman, whose testimony revealed that Mr Trump and other US officials had pressured Ukraine to investigate Joe Biden, was awarded a Purple Heart after he was wounded by an improvised explosive device during the Iraq War. Originally from Ukraine, Lt Col Vindman arrived in
  
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• Climate activist Greta Thunberg declines environmental award

  29-10-2019 22:03 via news.yahoo.com
  Swedish climate activist Greta Thunberg on Tuesday refused to accept an environmental award, saying the climate movement needed people in power to start to "listen" to "science" and not awards.The young climate activist, who has rallied millions to her "Fridays for Future" movement, was honoured at a Stockholm ceremony held by the Nordic Council, a regional body for inter-parliamentary cooperation.Thunberg had been nominated for her efforts by both Sweden and Norway and won the organisation's an
  
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• Democrats release impeachment resolution that calls for open hearings

  29-10-2019 22:02 via news.yahoo.com
  House Democrats have released a resolution that calls for “open and investigative proceedings” in the impeachment inquiry against President Trump for his alleged political interference in foreign aid to Ukraine.
  
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• The 1 Way Iran Could Start a War with America

  29-10-2019 22:00 via news.yahoo.com
  Impeding global shipping.
  
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• Trump mimics Dayton shooting during first visit to Chicago as president: 'Boom boom boom'

  29-10-2019 21:56 via news.yahoo.com
  President Trump on Monday mimicked officers killing a mass shooter in Dayton, Ohio, who murdered nine people with a semiautomatic rifle in August. "Boom, boom, boom," the president said. "They were out there. Perfect. There was no fear. There was no anything. They reacted."
  
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• Top Border Patrol Official Warns Border Situation Could Return to ‘Crisis Level’

  29-10-2019 21:53 via news.yahoo.com
  A senior Border Patrol official is warning that the immigration situation at the southern border could return to "crisis level" if courts block Trump administration policies intended to deter heavy flows of migrants attempting to enter the country illegally.“We will go back, mark the words, we will go back to the crisis level that we had before,” said Brian Hastings, the Border Patrol's chief of law enforcement operations. “It is kind of a new norm. We’re at ris
  
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• Republicans seek whistleblower's identity in U.S. impeachment inquiry

  29-10-2019 21:50 via news.yahoo.com
  The skirmish revealed a growing dispute between the two sides, as Republicans say they need to hear from the intelligence official who initially raised the alarm over Trump's attempts to get Ukraine to investigate his political rivals in order to assess the whistleblower's credibility.Democrats say the whistleblower's testimony is not needed at this point because it has been corroborated by other witnesses.Bringing him or her forward after repeated attacks by Trump would only put the whistleblow
  
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• NSC official's testimony appears to contradict Rick Perry Ukraine claims

  29-10-2019 21:47 via politico.com
  Testimony from a senior White House official on Tuesday appeared to contradict Energy Secretary Rick Perry's ardent denials that he ever heard former Vice President Joe Biden or his son Hunter discussed in relation to U.S. requests that Ukraine investigate corruption.In his opening statement, Lt. Col. Alexander Vindman, a National Security Council official overseeing Ukraine policy, told House impeachment investigators that he objected to EU Ambassador Gordon Sondland's comments in a July 10 Whi
  
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• Democratic primary voters think only three candidates could beat Trump

  29-10-2019 21:27 via news.yahoo.com
  A year out from the 2020 general election, most Democrats are pessimistic about most of the candidates' abilities to defeat President Donald Trump.
  
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• Eric Swalwell and Mark Meadows reportedly got into a shouting match during the Vindman hearing

  29-10-2019 21:22 via news.yahoo.com
  Things reportedly got heated between House Democrats and Republicans during Army Lt. Col. Alexander Vindman's impeachment testimony Tuesday, CNN reports.Considering the consequences of the hearing (Vindman, the National Security Council's top expert on Ukraine, testified about his concerns regarding the Trump administration's interactions with Kyiv), it's not a shocker that the atmosphere in the closed-door hearing was tense, but the lawmakers reportedly took things to another level with a "shou
  
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• $16.8M in campaign funds have gone to Trump businesses, records reveal

  29-10-2019 21:03 via news.yahoo.com
  Not only have the U.S. and foreign governments spent money at properties owned by Donald Trump, but the president’s own political campaign and affiliated political committees have also spent about $16.8 million at his businesses since he launched his 2016 bid for the presidency, according to an analysis of federal election spending records.
  
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• Iowa man killed wife after she found 'problems' with finances, planned meeting with banker: Records

  29-10-2019 20:51 via news.yahoo.com
  Roy Browning Jr. is charged with murder in relation to the death of JoEllen Browning, who worked for the university for more than four decades.
  
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• Bernie Sanders says he doesn't intend to release a funding plan for Medicare for All any time soon

  29-10-2019 20:51 via news.yahoo.com
  Sanders said in a CNBC interview that "I don't think I have to" release details specifying how universal healthcare coverage would be paid for.
  
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• Ukraine foes start troop withdrawal in east

  29-10-2019 20:42 via news.yahoo.com
  The Ukrainian army and Moscow-backed separatists said Tuesday they had begun to withdraw their troops from a key area in the war-torn east ahead of a high-stakes summit with Russia.The long-awaited pullback is a precondition for the first face-to-face talks between Russian President Vladimir Putin and his Ukrainian counterpart Volodymyr Zelensky, to be mediated by the leaders of France and Germany."The process of troop withdrawal began by both sides... in the area of Zolote-4" in the Lugansk reg
  
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• Frustration mounts as California is hit with more blackouts

  29-10-2019 20:42 via news.yahoo.com
  Frustration and anger mounted across Northern California as the state's biggest utility began another round of fire-prevention blackouts Tuesday that could leave millions of people without electricity, some for five days or longer. The shut-offs, aimed at keeping windblown electrical equipment from sparking wildfires, came as fire crews raced to contain two major blazes in Northern and Southern California before the winds picked up dangerously again. The fires have destroyed dozens of homes in S
  
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• Pelosi, Schiff Prep for GOP Impeachment ‘Stunts’ and Attempts to Out the Whistleblower

  29-10-2019 20:31 via news.yahoo.com
  Congressional Democrats are struggling to protect the identity of the U.S. government official who filed a whistleblower complaint about President Donald Trump’s Ukraine policy. And those efforts have fueled friction behind closed doors. House Intelligence Committee Chairman Adam Schiff (D-CA) ruled in a closed-door deposition Tuesday morning that any questions that might lead to the revelation of the whistleblower’s identity were out of order, according to two sources familiar
  
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• Unfounded Attacks Show Limits of Trump’s Impeachment Defense

  29-10-2019 20:06 via news.yahoo.com
  (Bloomberg) -- Within hours of new testimony damaging to Donald Trump by a previously unknown White House official on Monday, the president’s conservative allies had accused the witness -- a decorated lieutenant colonel in the Army -- of betraying his country.The allegations against the official, Alexander Vindman, came without any substantiation. On Fox News, host Laura Ingraham accused him of “working inside the White House, apparently against the president’s interest.”
  
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• The Far Right Lost Power in Italy Two Months Ago. So Why Are Migrant Rescue Boats Still Being Refused Entry?

  29-10-2019 20:04 via news.yahoo.com
  Two months after anti-migrant Interior Minister Matteo Salvini was ousted, migrant rescue boats like the Ocean Viking are still stuck at sea
  
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• Senators grill Boeing CEO over plane involved in 2 crashes

  29-10-2019 20:02 via news.yahoo.com
  Boeing CEO Dennis Muilenburg faced withering questions from senators Tuesday about two crashes of 737 Max jets and whether the company concealed information about a critical flight system."We have made mistakes, and we got some things wrong," Muilenburg conceded.Some members of the Senate Commerce Committee cut Muilenburg off when they believed he was failing to answer their questions about a key flight-control system implicated in both crashes.
  
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• China Is Finishing Its First Large Helicopter Assault Ship

  29-10-2019 20:00 via news.yahoo.com
  What will that mean for America?
  
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• Is Trump trying to unleash the Border Patrol on all of America?

  29-10-2019 19:58 via news.yahoo.com
  Two in three Americans live in the "border zone," a 100-mile stretch inland where some constitutional due process and privacy protections are functionally canceled in the name of border security. The zone includes entire states -- Delaware, Florida, Hawaii, nearly all of New England, and all but a tiny sliver of Michigan -- as well as about three in four of our 20 largest metro areas. Is the Trump administration trying to make it bigger?The prospect seems obviously attractive to immigration hawk
  
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• Barr Rejects Complaints That He Is Bolstering Trump's Personal Agenda

  29-10-2019 19:56 via news.yahoo.com
  CHICAGO -- Attorney General William Barr pushed back Monday on criticism that the Justice Department is investigating the origins of the Russia inquiry to help President Donald Trump settle personal legal and political scores, insisting that he does not serve as the president's personal lawyer."That's completely wrong and there is no basis for it," Barr said in an interview with Fox News on the sidelines of a major law enforcement conference in Chicago. "I act on behalf of the United States."Bar
  
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• The Obama Foundation Has Just Unveiled a New Set of Renderings of the Presidential Center

  29-10-2019 19:53 via news.yahoo.com
  Tod Williams and Billie Tsien respond to previous criticism of the project with their latest designs
  
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• 'Everybody has read your words on the call': Pelosi responds to Trump tweets on impeachment

  29-10-2019 19:46 via news.yahoo.com
  Nancy Pelosi responded to Trump's tweets about Alexander Vindman's testimony, writing on Twitter, "Everybody has read your words on the call."
  
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• Lawmakers Spar Over Whistle-Blower Identity: Impeachment Update

  29-10-2019 19:36 via news.yahoo.com
  (Bloomberg) -- The House plans to take its first vote to support the impeachment inquiry of President Donald Trump on Thursday as Democrats seek to nullify Republicans’ argument that the process is illegitimate.On Tuesday, three House committees are hearing behind closed doors from Alexander Vindman, the National Security Council’s director for European affairs.Here are the latest developments:Lawmakers Spar Over Whistle-Blower Identity (2:26 p.m.)Closed-door questioning of Vindman b
  
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• British Women in Parliament Send Letter of ‘Solidarity’ to Meghan Markle in Her Fight Against U.K. Media

  29-10-2019 19:32 via news.yahoo.com
  MICHELE SPATARIA cross-party group of British female MPs has written a letter of “solidarity” to Meghan Markle, the Duchess of Sussex, in her legal battle against the press.In the open letter published Tuesday, the 72 MPs say Meghan has suffered an “invasion of privacy” at the hands of the press, which has written stories and headlines that have “sought to cast aspersions about your character, without any good reason as far as we can see.”Meghan is presently s
  
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• Prosecutors accuse ex-Trump adviser Flynn of trying to walk-back guilty plea

  29-10-2019 19:31 via news.yahoo.com
  U.S. prosecutors on Tuesday accused President Donald Trump's former national security adviser Michael Flynn of making "an extraordinary reversal" to try to undo his sworn admission that he lied to former Special Counsel Robert Mueller's investigators about his contacts with Russia.Federal prosecutors asked U.S. District Judge Emmet Sullivan for the opportunity to oppose a bid filed by Flynn's lawyers last week to have the case dismissed - even though Flynn pleaded guilty in 2017 - because of all
  
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• Delta's new Terminal C is opening at NY LaGuardia Airport

  29-10-2019 19:31 via news.yahoo.com
  Delta Air Lines' new Terminal C is opening at New York's LaGuardia Airport, part of an $8 billion project to modernize the entire facility.Democratic Gov. Andrew Cuomo joined Delta CEO Ed Bastian and other officials for a ribbon-cutting ceremony on Tuesday.Last December, a new concourse opened in LaGuardia's Terminal B, which serves American, United, Southwest and Air Canada.
  
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• Donald and Melania Trump Putting Candy Bar on Head of White House Trick-or-Treater Dressed As Minion Has Become a Flash Point

  29-10-2019 19:30 via news.yahoo.com
  The encounter took place during this year's White House Halloween celebration
  
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• Catholic priest says he denied Joe Biden Holy Communion at Mass in South Carolina because of abortion views

  29-10-2019 19:26 via news.yahoo.com
  "Any public figure who advocates for abortion places himself or herself outside of Church teaching." Rev. Robert Morey said in a statement.
  
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• Rep. Devin Nunes: Reporters asking me questions about Ukraine scandal are 'assassins'

  29-10-2019 19:18 via news.yahoo.com
  Rep. Devin Nunes on Monday announced he is now refusing to answer journalists’ questions about President Trump’s Ukraine scandal, labeling reporters who ask him about the story “assassins.”
  
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• Why Are There So Many Fires In California?

  29-10-2019 19:13 via news.yahoo.com
  A perfect storm of conditions have created an environment ripe for fire.
  
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• Report: Saudi Aramco shares to start trading in December

  29-10-2019 19:08 via news.yahoo.com
  A long-delayed initial public offering of the state-run oil giant Saudi Aramco will see its shares traded on Riyadh's stock exchange in December, a Saudi-owned satellite news channel reported Tuesday as the kingdom's showcase investment forum began.The report by Dubai-based Al-Arabiya enlivened the start of the Future Investment Initiative, a summit of panels and talks convened by the kingdom's powerful Crown Prince Mohammed bin Salman that aims to showcase Saudi Arabia's potential for investors
  
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• Anger rises as California utility imposes more blackouts

  29-10-2019 19:08 via news.yahoo.com
  Frustration and anger mounted across Northern California as the state's biggest utility began another round of fire-prevention blackouts Tuesday that could leave millions of people without electricity, some for five days or longer.The shut-offs, aimed at keeping windblown electrical equipment from sparking wildfires, came as fire crews raced to contain two major blazes in Northern and Southern California before the winds picked up again.The fires have destroyed dozens of homes in Sonoma County w
  
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