Finance news

• Beto O'Rourke drops out of race to become Democrats' 2020 presidential contender

  01-11-2019 23:40 via news.yahoo.com
  Beto O'Rourke has announced that he is dropping out of the race to become the Democrats' 2020 presidential contender.  Mr O'Rourke, a 47-year-old former congressman representing Texas, said it had become clear his campaign did not have the resources to continue to seek the party's nomination. "My service to the country will not be as a candidate or as the nominee," he wrote on Twitter. "Acknowledging this now is in the best interests of those in the campaign; it is in the best int
  
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• Trump Says He’s Swapping New York for Florida as Main Residence

  01-11-2019 23:27 via news.yahoo.com
  (Bloomberg) -- President Donald Trump, a lifelong New Yorker, has changed his primary residence to Florida, a move that could benefit his re-election campaign -- and his tax bill.The president said in a declaration of domicile filed in Palm Beach County, Florida, that he has become a “bona fide resident of the State of Florida residing at” his Mar-a-Lago resort in Palm Beach.He confirmed that filing in a series of tweets on Thursday night, adding, “I cherish New York, and the p
  
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• Brazil police arrest man said to be one of world's most prolific human traffickers

  01-11-2019 23:22 via news.yahoo.com
  Brazilian federal police said they have arrested Saifullah Al-Mamun, born in Bangladesh and considered by authorities one of the world's most prolific human traffickers.In an operation conducted on Thursday after collaboration with U.S. Immigration and Customs Enforcement (ICE), Brazilian police arrested members of a group allegedly implicated in a large scheme of smuggling people into the United States.Several arrests were made in Sao Paulo, where Al-Mamun was living, and in three other Brazili
  
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• Trump says he knows all about the new Isis leader - but experts insist 'The Scholar' remains a mystery

  01-11-2019 23:21 via news.yahoo.com
  Days after Isis leader Abu Bakr Al-Baghdadi was killed in a raid by US special forces at a compound in Syria, Donald Trump tweeted that “we know exactly” who the replacement is as head of the terrorist group.Abu Ibrahim al-Hashimi al-Qurashi has been named as Baghdadi’s successor in an audio message released by the group on Thursday.
  
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• New execution date set for Georgia inmate

  01-11-2019 23:04 via news.yahoo.com
  Georgia officials set a new execution date Friday for a death row inmate two days after he was granted a temporary reprieve because of a legal technicality.Ray Jefferson Cromartie, 52, is scheduled to die by lethal injection Nov. 13 at the state prison in Jackson.Georgia Corrections Commissioner Timothy Ward set the execution for the first date of a seven-day window ordered Friday by a Superior Court judge in Thomas County.
  
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• Elizabeth Warren's Plan to Pay for Health Care Shows How She's Different Than Bernie Sanders

  01-11-2019 22:56 via news.yahoo.com
  Elizabeth Warren has often been more of a pragmatist than Bernie Sanders. Her Medicare For All plan is a reflection of that divide.
  
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• O'Rourke drops out of 2020 presidential race

  01-11-2019 22:50 via news.yahoo.com
  The former representative from Texas calls it quits on his 2020 presidential bid.
  
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• Beto O’Rourke Drops Out of 2020 Race

  01-11-2019 22:34 via news.yahoo.com
  REUTERSFormer Rep. Beto O’Rourke (D-TX) is ending his presidential campaign after struggling for months to gain sustained momentum, as the crowded Democratic primary thins out less than 100 days before the Iowa caucus. “Though it is difficult to accept, it is clear to me now that this campaign does not have the means to move forward successfully,” O’Rourke wrote in a Medium post announcing his move on Friday. “My service to the country will not be as a can
  
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• Activist Greta Thunberg joins L.A. protest of oil drilling

  01-11-2019 22:33 via news.yahoo.com
  Greta Thunberg, the 16-year-old Swedish girl who accused international leaders of standing idly by as global warming threatens to destroy the planet in a speech shared around the world, is joining young activists in Los Angeles for a protest aimed at getting California out of the oil-drilling business.
  
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• Storms kill 2, knock out power, downs trees on East Coast

  01-11-2019 22:29 via news.yahoo.com
  Storms that began on Halloween killed at least two people, caused flooding, downed trees and power lines and damaged homes across the Northeast on Friday.In New York, Thomas Connery, an 82-year-old Catholic priest from Glenville, died Thursday night after he got out of his car on a flooded road and was swept away, authorities said.In a New York City suburb, a 9-year-old girl was injured on Halloween when she was hit by a falling tree while trick or treating.
  
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• Venezuela kept afloat thanks to $315 million in cash sent from Russia, customs records suggest

  01-11-2019 22:23 via news.yahoo.com
  Venezuela is being kept afloat by hundreds of millions of dollars shipped from Russia, reports suggest, as it struggles to survive crippling US sanctions. A total of $315 million (£245 million) in dollar and euro notes were sent in six separate shipments from Moscow to Caracas from May 2018 to April 2019, according to data from ImportGenius, which compiled Russian customs records obtained through private sources. The data was reviewed by Bloomberg. The cash came from lenders run by th
  
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• Mattis’ aide says the general ‘did not want me to write’ the memoir about his tense relationship with Trump

  01-11-2019 22:22 via news.yahoo.com
  "I stand behind everything in the book. I'm very pleased with how it turned out," Snodgrass told Insider.
  
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• Court ruling could throw impeachment timeline into disarray

  01-11-2019 22:22 via news.yahoo.com
  Even as House Democrats on Thursday ratified an impeachment resolution against President Trump, a federal judge has potentially slowed the brisk pace of the inquiry by declining to rule on whether a key witness needed to testify before the House of Representatives.
  
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• Trump quietly backs away from stricter gun law proposals after mass shootings

  01-11-2019 22:19 via news.yahoo.com
  After the mass shootings in El Paso, Texas and Dayton, Ohio this summer, Donald Trump said he would push for reform to gun laws in the US.Now, however, with the 2020 election looming only a year away, his administration has quietly ceased its efforts to push for gun control laws, a possibly divisive issue for Mr Trump’s right-wing base, according to several sources who spoke to the Washington Post.
  
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• Oklahoma parole board OKs largest-ever US mass commutation

  01-11-2019 22:15 via news.yahoo.com
  Oklahoma will release more than 400 inmates after a state panel on Friday approved what officials say is the largest single-day mass commutation in U.S. history.The Oklahoma Pardon and Parole Board unanimously approved the commutations, and Gov. Kevin Stitt said his office would process the recommendations for final approval.The board considered 814 cases and recommended 527 inmates for commutation.
  
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• Trump impeachment: White House lawyer 'told top security official not to discuss Ukraine call' after expressing concerns

  01-11-2019 22:05 via news.yahoo.com
  A decorated Army officer who was on Donald Trump's infamous July phone call with the leader of Ukraine says he was instructed by a White House lawyer not to tell anyone about that call, days after he brought forward his concerns about that conversation.Lt Col Alexander Vindman, a decorated Army officer who was previously the National Security Council director for Ukraine, told Congress during closed-door testimony this week that he had originally gone to White House lawyer John Eisenberg to expr
  
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• Testimony: Senior White House lawyer told at least one official who heard Ukraine call not to tell anyone about it

  01-11-2019 22:04 via news.yahoo.com
  The senior White House lawyer who placed a record of President Trump’s July 25 call with Ukraine’s president in a top-secret system also instructed at least one official who heard the call not to tell anyone about it, according to testimony heard by House impeachment investigators this week.
  
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• ‘Shut Up About Politics’ Singer John Rich Shows Up on Fox News to Talk About Politics

  01-11-2019 22:01 via news.yahoo.com
  Months after teaming up with the hosts of Fox News midday gabfest The Five to record an extremely lame hit song titled “Shut Up About Politics,” country artist John Rich appeared on Fox News to—without a shred of irony—talk about politics.Sitting down Friday with The Daily Briefing host Dana Perino—a Five host featured on the song—Rich was immediately asked to weigh in on former Democratic presidential nominee Hillary Clinton’s recent appearance on The D
  
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• Georgia ex-policeman sentenced to 12 years in prison in shooting of unarmed black man

  01-11-2019 21:44 via news.yahoo.com
  A former Georgia police officer was sentenced on Friday to 12 years in prison after his conviction in the fatal shooting of an unarmed black man outside an Atlanta apartment in March 2015.Robert "Chip" Olsen, a 57-year-old white man, was convicted last month of aggravated assault and violating his oath of office but found not guilty of murder in the killing of 26-year-old Anthony Hill.Before the sentencing, members of Hill's family urged Dekalb County Superior Court Judge LaTisha Dear Jackson to
  
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• Ex-officer gets 12 years in naked man's fatal shooting

  01-11-2019 21:44 via news.yahoo.com
  A former Georgia police officer who was convicted of aggravated assault and other crimes in the fatal shooting of an unarmed, naked man was sentenced Friday to 12 years in prison.Robert "Chip" Olsen was responding to a call of a naked man behaving erratically outside an Atlanta-area apartment complex in March 2015 when he fatally shot 26-year-old Anthony Hill, an Air Force veteran who had been diagnosed with bipolar disorder and PTSD.Olsen was convicted of one count of aggravated assault, two co
  
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• Anti-immigrant rhetoric may put health of U.S. Latinos at risk

  01-11-2019 21:44 via news.yahoo.com
  In a survey of patients who showed up at three urban California emergency departments, researchers found that half of Latino citizens and legal residents as well as three quarters of undocumented immigrants feel unsafe because of comments made by the administration.One quarter of undocumented immigrants said they were so frightened they delayed going to the emergency room for days, according to the report published in PLoS ONE."Statements coming from the administration and the President really d
  
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• The Latest: Italy will let rescue ship with 88 migrants dock

  01-11-2019 21:42 via news.yahoo.com
  Italy has assigned a port where 88 migrants stranded for days on a rescue ship can disembark, following a deal to share them out among several European countries.The Italian interior ministry said Friday night the Alan Kurdi, operated by the Germany's Sea-Eye humanitarian group, will dock in Taranto, southern Italy.Sea-Eye rescued the migrants a week earlier and pressed Italy for days to let it disembark the passengers.
  
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• University of Texas fraternity closes over hazing claims

  01-11-2019 21:39 via news.yahoo.com
  The University of Texas chapter of the Pi Kappa Phi fraternity has been shut down following a university investigation into hazing allegations, the third such accusation the chapter has faced in eight years. The investigation revealed that during the 2018-19 school year fraternity pledges were shot with air soft guns and forced to eat spicy soup made with ghost peppers and cat food. The probe found that pledges competed in relay races where they ran back and forth between the chapter house and a
  
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• Brazil authorities zero in on ship suspected of oil spill

  01-11-2019 21:39 via news.yahoo.com
  After oil mysteriously washed ashore on some 2,100 kilometers (1,300 miles) of Brazil's coastline for two months, authorities on Friday identified a suspect: a Greek-flagged ship belonging to Delta Tankers Ltd.Brazil's government has been striving to investigate the cause of the spill that has hit 286 beaches along the northeast coast and hurt fishing and tourism.The specific source of the oil has remained unclear since it began appearing in early September.
  
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• Judge: School shooting defendant must attend more hearings

  01-11-2019 21:33 via news.yahoo.com
  After being allowed to skip one hearing, a Florida judge on Friday told school shooting defendant Nikolas Cruz he must appear in court when issues central to his death penalty case are discussed.At a morning session, Cruz told Circuit Judge Elizabeth Scherer he didn't want to take part in a hearing Friday concerning his alleged assault on a jail corrections officer.Scherer granted his request.
  
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• At least 42 killed in Haiti protest violence: UN

  01-11-2019 21:31 via news.yahoo.com
  Port-au-Prince (AFP) - At least 42 people have been killed and dozens injured during anti-government protests in Haiti since mid-September, the UN's human rights body said Friday, adding it was "deeply concerned" by the crisis.The poorest country in the Americas has been roiled for two months by protests, which were triggered by fuel shortages but have turned violent and morphed into a broader campaign against President Jovenel Moise."We are deeply concerned about the protracted crisis in Haiti,
  
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• Distressing photos show glaciers that are disappearing or on the brink of collapse around the world

  01-11-2019 21:27 via news.yahoo.com
  The future of glaciers around the world is shaky. Here are photos showing some of the glaciers that might not be around for much longer.
  
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• Texas woman says mother's gynecologist used his sperm to conceive her after submitting DNA to Ancestry.com

  01-11-2019 21:23 via news.yahoo.com
  A woman in Texas has filed a lawsuit against a Colorado gynecologist accusing him of using his own sperm to artificially inseminate women without their consent.
  
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• UAW union leaders recommend approval of Ford labor deal

  01-11-2019 21:21 via news.yahoo.com
  United Auto Workers leaders from Ford Motor Co's U.S. plants on Friday recommended approval of a tentative labor agreement that would allow the No. 2 U.S. automaker to avoid a strike like the one that cost its larger rival General Motors Co about $3 billion.The union turned to Ford to negotiate a new four-year agreement after ratifying a contract last week with GM following a 40-day U.S. strike that shut down almost all of that company's North American operations.Ford and the UAW quickly reached
  
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• Democrats' decision to televise Trump impeachment hearings could prove politically perilous

  01-11-2019 21:17 via news.yahoo.com
  Democrats in the U.S. Congress took a major step toward impeaching President Donald Trump this week when they agreed on the rules for publicly televised hearings after weeks oftestimony behind closed doors.Leaders of the Democratic-run U.S. House of Representatives believe that putting the main witnesses on TV will convince independent voters and other doubters that Trump was wrong in asking the Ukrainian government to dig up dirt on a political rival, Democrat Joe Biden, who hopes to be the can
  
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• Kentucky Supreme Court Tosses Suit against Designer that Refused to Print Gay Pride T-Shirts

  01-11-2019 21:09 via news.yahoo.com
  Kentucky's Supreme Court on Thursday threw out a lawsuit against a print shop owner who refused to make an LGBT Pride T-shirt because doing so would violate his conscience.The high court ruled that the plaintiff, Lexington’s Gay and Lesbian Services Organization, lacked standing in the case since the city's gay rights law is meant to protect individuals rather than activist groups.“While this result is no doubt disappointing to many interested in this case and its potential outcome,
  
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• The Republican Party must choose between Donald Trump and the party's fundamental values

  01-11-2019 21:00 via news.yahoo.com
  Trump aims to discredit and delegitimize the impeachment process by turning it into a circus. But circuses need clowns. Is the GOP up for that?
  
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• Warren Derides Biden as Running in ‘Wrong Presidential Primary’

  01-11-2019 20:56 via news.yahoo.com
  (Bloomberg) -- Elizabeth Warren swatted back at Joe Biden’s criticism of her $21 trillion Medicare-for-All plan Friday, accusing him of “running in the wrong presidential primary.”“Democrats are not going to win by repeating Republican talking points,” the Massachusetts senator said in Des Moines, Iowa. “So, if Biden doesn’t like that, I’m just not sure where he’s going.”Warren’s unusually direct attack on her campaign rival came
  
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• Exxon, Chevron Begin Pushing Back Against Warren’s Fracking Ban

  01-11-2019 20:53 via news.yahoo.com
  (Bloomberg) -- America’s two biggest oil companies are starting to push back against the fracking ban touted by the leading candidates for the Democratic presidential nomination, which may become one of the most consequential flashpoints for energy markets during the election campaign.Exxon Mobil Corp. and Chevron Corp. executives spoke out publicly against the proposals for the first time on Friday, saying they would shift profits from crude production from the U.S. to other countries, an
  
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• One in 5 children live below the poverty line: Here are the states with the highest number of kids dependent on free lunches

  01-11-2019 20:50 via news.yahoo.com
  More than 30 million kids around around the country rely on free or reduced price lunches, but some states need more help than others.
  
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• The Latest: Shifting winds fan Southern California wildfire

  01-11-2019 20:34 via news.yahoo.com
  Shifting winds are causing problems for firefighters trying to contain a Southern California wildfire.Ventura County Fire Chief Mark Lorenzen says the Maria Fire about 50 miles (80 kilometers) northwest of Los Angeles has grown to just under 14 square miles (36 square kilometers) as of midday Friday.County Sheriff Bill Ayub says the fire is threatening 2,300 structures and about 8,000 people are under evacuation orders.
  
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• U.S. judge orders State Department to release more Ukraine records

  01-11-2019 20:31 via news.yahoo.com
  The order by U.S. District Judge Christopher Cooper in Washington gave the State Department until Nov. 22 to hand thedocuments over to American Oversight, a watchdog group that sued for access to them based on a public records law.Last month, Cooper ordered the State Department to confer with American Oversight and negotiate the release of other categories of Ukraine-related documents, including senior officials' correspondence with Trump's lawyer Rudy Giuliani.American Oversight's lawsuit has a
  
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• Teachers strike taught Chicago's new mayor tough lessons: analysts

  01-11-2019 20:27 via news.yahoo.com
  Chicago Mayor Lori Lightfoot made strategic errors in the first major fight of her tenure, an 11-day teachers' strike, but may have learned lessons that will prove useful as she confrontsimmense city budget challenges, political observers said.Lightfoot, 57, was elected in convincing fashion to become Chicago's first black woman mayor in April, when she vaulted to victory on promises to dismantle the city's corrupt political machine and reform the city's school district.
  
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• What do 2020 Democrats say about California fires? Not much.

  01-11-2019 20:22 via news.yahoo.com
  California Democrats hoped they would finally bask in the attention of presidential candidates when they moved their primary to the front of the calendar.In a field of nearly 20 candidates, no one has traveled to California to visit residents displaced from their homes or commend first responders who have worked around the clock.California is the nation's most populous state and its biggest economic powerhouse.
  
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• Can Trump Avoid Taxes by Moving to Florida? It's Not So Simple.

  01-11-2019 20:21 via news.yahoo.com
  Like a long line of other wealthy New Yorkers, President Donald Trump has decided to establish his legal residence in Florida, apparently at least in part to save money on taxes.But changing one's legal home is not so simple.New York state has a platoon of state auditors who zealously examine whether people are trying to skirt paying its state and local taxes by improperly claiming that they live elsewhere.Those officials regularly face off against an industry of accountants and lawyers who spec
  
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• For Vietnam's 'Box People,' a Treacherous Journey

  01-11-2019 20:20 via news.yahoo.com
  LONDON -- Vietnamese smugglers call it the "CO2" route: a poorly ventilated, oxygen-deficient trip across the English Channel in shipping containers or trailers piled high with pallets of merchandise, the last leg of a perilous, 6,000-mile trek across Asia and into Western Europe.Compared to the other path -- the "VIP route," with its brief hotel stay and seat in a truck driver's cab -- the trip in a stuffy container can be brutal for what some Vietnamese refer to as "box people," successors to
  
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• Did Meghan Markle breach royal protocol with newspaper interview?

  01-11-2019 20:20 via news.yahoo.com
  Meghan Markle has given an interview to the right-wing, Brexit-loving, fiercely traditional British newspaper The Daily Telegraph, in which she talks about the importance of vulnerability and speaks a great deal of therapy language that is unlikely to endear her to that newspaper’s natural readership.
  
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• UPDATE 1-Honduras joins El Salvador in obtaining protected status extension in U.S.

  01-11-2019 20:08 via news.yahoo.com
  The U.S. government has extended temporary protection for Hondurans living in the United States by a year, Honduran officials said on Friday, following a similar extension for Salvadorans in a rollback of U.S. plans to end the program.U.S. President Donald Trump last year said he would shut down temporary protected status (TPS) for Hondurans and Salvadorans after a January 2020 expiration, amid a slew of measures meant to crack down on growing numbers of migrants from Central America."On our par
  
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• Ancient treasures go on display in London Tutankhamun exhibition

  01-11-2019 20:07 via news.yahoo.com
  Treasures from the tomb of boy-king Tutankhamun will go on show in London from Saturday as part of what organisers say will be their last world tour before they return to Egypt for good.More than 150 items - from statues and sculptures to a silver trumpet and a funerary bed - will be exhibited in "Tutankhamun: Treasures of the Golden Pharaoh", at the capital's Saatchi Gallery."The reason we are here, we are celebrating almost 100 years since the time of the discovery of the tomb of Tutankhamun,"
  
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• 2020 Vision: If a single speech can shake up the Democratic race, it might happen in Iowa

  01-11-2019 20:07 via news.yahoo.com
  Will any of this year’s candidates pull an Obama at the newly named Liberty and Justice Celebration?
  
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• Armed man at Missouri Walmart pleads guilty to lesser charge

  01-11-2019 19:47 via news.yahoo.com
  A man who caused panic at a Missouri Walmart when he walked inside wearing body armor and carrying loaded weapons in what he described as an effort to test his right to bear arms pleaded guilty to making a false report Friday after initially being charged with a more serious terrorist-related felony.Dmitriy Andreychenko, 21, pleaded guilty to an amended misdemeanor charge after originally being charged with making a terrorist threat.The incident came just days after 22 people were killed during
  
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• Nigel Farage Demands Johnson Ditch Brexit Deal to Forge Election Pact

  01-11-2019 19:34 via news.yahoo.com
  (Bloomberg) -- Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.Brexit Party leader Nigel Farage threatened to fight for every seat in the Dec. 12 election if Prime Minister Boris Johnson refuses to abandon his divorce deal with the European Union and commit to a clean break. Speaking at the launch of his party’s campaign at an event in central London on Friday, Farage said the “sell-out” deal agreed by Johnson on Oct. 17 &ldquo
  
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• Michael Bennett Slams Warren’s Medicare for All Plan: The ‘New Numbers are Simply Not Believable’

  01-11-2019 19:32 via news.yahoo.com
  Democratic senator and long shot presidential candidate Michael Bennet panned the new details of Senator Elizabeth Warren's Medicare for All plan on Friday, arguing that the cost estimates she provided simply won't cover the services her plan promises.“Voters are sick and tired of politicians promising them things that they know they can’t deliver," the Colorado senator said in a statement. "Warren's new numbers are simply not believable and have been contradicted by experts. Regardl
  
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• ‘It’s like nothing we have come across before’: UK intelligence officials shaken by Trump administration’s requests for help with counter-impeachment inquiry

  01-11-2019 19:27 via news.yahoo.com
  As the impeachment hearings get more and more alarming for Donald Trump, with damning new evidence emerging every day, there appears to be increasing urgency in the parallel counter-offensives under way by the president’s team in an attempt to defend him.There are attacks against the witnesses giving testimony by Trump and his supporters, including attempts to smear Lieutenant Colonel Alexander Vindman, Ukraine expert at the National Security Council who this week provided crucial testimon
  
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• British teenager was suffering from PTSD when she withdrew Cyprus gang rape claim, court hears

  01-11-2019 19:26 via news.yahoo.com
  A British teenager accused of lying about being gang raped in Cyprus may have retracted her claims because she was suffering from post-traumatic stress disorder, her lawyer said at a hearing on Friday. The woman, 19, is charged with public mischief for allegedly inventing the attack at an Ayia Napa hotel on July 17. She maintains she was raped by up to a dozen Israeli tourists, but pressured by Cypriot police to make a retraction statement 10 days later. Prosecutors say the teenager wi
  
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