Finance news

• Stefanik embraces spotlight at impeachment hearings

  15-11-2019 23:55 via news.yahoo.com
  
  The second day of the impeachment inquiry’s public hearings, on Friday, began the same way as the first: with an attempt by Rep. Elise Stefanik, a New York Republican, to interrupt proceedings with a procedural objection.
  
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• Rep. Alexandria Ocasio-Cortez rips late presidential bids on Twitter

  15-11-2019 23:47 via news.yahoo.com
  
  Rep. Alexandria Ocasio-Cortez of New York has called out late entries into the 2020 presidential race.
  
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• Presidents can be impeached for almost anything. These are the alleged crimes that could lead to Trump's impeachment

  15-11-2019 23:45 via news.yahoo.com
  The US Constitution states that a sitting president can be impeached for treason, bribery, high crimes and misdemeanors.
  
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• Warren Maps 3-Year Timeline Toward Medicare for All; Stocks Rise

  15-11-2019 23:36 via news.yahoo.com
  
  (Bloomberg) -- Elizabeth Warren said Friday her Medicare-for-All plan would be implemented over three years, a major concession to the difficulty of fundamentally changing the way Americans get health care. Managed-care and hospital stocks moved higher on the news.A Medium post Warren published Friday mapped out a strategy to enact a mandatory government-run health care system that she estimates would cost $20.5 trillion but others have tagged at more than $30 trillion.Warren said she would inch
  
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• Republicans Thought Yovanovitch Would Be a Pushover. She Beat Them Up Instead

  15-11-2019 23:21 via news.yahoo.com
  
  Nicholas Kamm / AFP/ Getty ImagesBefore she even spoke on Friday, President Donald Trump’s surrogates in Congress and conservative media expected Marie Yovanovitch to cry on command for the impeachment-hearing cameras. As she began testifying about the smear campaign that forced her from her ambassadorship in Ukraine, Rep. Matt Gaetz (R-FL) tweeted that impeachment wasn’t about her feelings. But for over five hours, the 33-year veteran diplomat left no doubt why she was there an
  
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• Anti-robocall bill likely as House, Senate reach compromise

  15-11-2019 23:12 via news.yahoo.com
  
  House and Senate leaders said Friday they’ve reached an agreement in principle on merging their two versions of bills against robocalls.The House bill had gone further than theSenate one.Details about what’s in the final bill are still to come, but legislators say it will require phone companies to verify that phone numbers are real, and to block calls for free.
  
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• Support for Trump's impeachment unchanged after hearings begin

  15-11-2019 23:11 via news.yahoo.com
  
  The televised impeachment hearings that began this week in the U.S. House of Representatives do not appear to have changed many minds about President Donald Trump, with public support for his impeachment about the same before and after the first U.S. diplomats testified, according to a Reuters/Ipsos poll.The national online poll, which ran from Thursday to Friday morning, showed that 44% of U.S. adults said Trump “should be impeached,” while 40% said he “should not be impeached
  
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• Man who shot, wounded school bus driver sentenced to prison

  15-11-2019 23:11 via news.yahoo.com
  
  A Minnesota man who shot and wounded a school bus driver on a Minneapolis freeway during a snowstorm has been sentenced to more than seven years in prison.Thirty-two-year-old Kenneth Lilly, of St. Paul, pleaded guilty in August to first-degree assault for the February attack that left Thomas Benson deaf in one ear and unable to continue working as a bus driver due to nerve damage in his hand.Lilly was sentenced Friday to 86 months.
  
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• 7 Low-Risk Dividend Stocks to Buy for Retirees

  15-11-2019 23:06 via news.yahoo.com
  
  Some of the best, low-risk dividend stocks to consider.Few generations of retirees have had such scarce opportunities to buy meaningful income-producing investments as today's. For roughly 12 years, investors have been stuck in an era of sub-3% interest rates; for the vast majority of those years, rates have been closer to zero than 3%.The good news entering 2020 is that retirees can find income investments in the stock market.
  
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• African Union says South Sudan leaders have 'last chance'

  15-11-2019 22:59 via news.yahoo.com
  
  The African Union said Friday that South Sudan's dueling leaders had one final chance to form a government, backing US warnings that patience with the fledgling young nation's government had run out."I think both our friends here in Washington and us think that this cannot be a game of extending all the time," said Smail Chergui, the African Union's commissioner for peace and security.
  
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• WeWork won't work for T-Mobile's John Legere, he's staying put and focused on Sprint merger

  15-11-2019 22:58 via news.yahoo.com
  
  WeWork is out. T-Mobile CEO John Legere says the post-merger T-Mobile' will result in more jobs than either Sprint or T-Mobile have standalone
  
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• Impeachment inquiry: White House under fire for discrepancies in record of Ukraine call

  15-11-2019 22:57 via news.yahoo.com
  
  Trump spoke with Zelensky in the hours after he won the presidency in April, preceding the July phone call between the two leaders that launched an impeachment inquiry.
  
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• Bill Gates Tops Jeff Bezos as World’s Richest Person With Amazon Slide

  15-11-2019 22:56 via news.yahoo.com
  
  (Bloomberg) -- This time it’s official.Microsoft Corp. co-founder Bill Gates overtook Amazon.com Inc.’s Jeff Bezos as the world’s richest person on Friday, reclaiming the top ranking for the first time in more than two years.Gates may have been helped in part by the Pentagon’s surprise decision announced Oct. 25 to award a $10 billion cloud-computing contract to Microsoft over Amazon. Shares of Microsoft have since climbed 4%, giving Gates a $110 billion fortune, accordin
  
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• Trump tweets ‘double standard’ on Stone verdict

  15-11-2019 22:51 via news.yahoo.com
  
  President Trump is reacting to news that his longtime friend and confidant Roger Stone has been convicted of lying to Congress and witness tampering.
  
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• Biden Takes Pride in North Korea’s Insults: Campaign Update

  15-11-2019 22:48 via news.yahoo.com
  
  (Bloomberg) -- Call it the Pyongyang primary.Former Vice President Joe Biden has found himself in a war of words with North Korea’s dictator after the country’s state news agency called Biden a “rabid dog” who “must be beaten to death with a stick, before it is too late.”“It seems that murderous dictator Kim Jong Un doesn’t like me,” Biden responded Friday in statement. “Add him to the list of autocrats who don’t want me to be pre
  
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• Ex-tennis academy president pleads guilty to U.S. college admissions scam

  15-11-2019 22:43 via news.yahoo.com
  
  The former president of a private tennis academy in Texas pleaded guilty on Friday as part of an agreement to cooperate in the ongoing investigation of the largest college admissions cheating and fraud scheme uncovered in U.S. history.Federal prosecutors in Boston say that Martin Fox, 62, helped pay bribes to coaches at two universities who in exchange facilitated the recruitment of the children of wealthy parents as fake athletic recruits.Fox is among 52 people charged with participating in a s
  
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• Devin Nunes and The Benghazi Boys Are Back—But Now They See No Evil

  15-11-2019 22:42 via news.yahoo.com
  
  House Republicans have a history of twisting facts to create a circus during congressional hearings; it’s a feature, not a bug for them.But in a taste of sweet irony, Ambassador Marie Yovanovitch subtly flipped the script during the impeachment hearings Friday, using her opening statement to name her colleagues who were killed in Benghazi and subsequently used as political props to attack the Obama administration’s State Department. Speaking of the department, she said: “We are
  
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• Trump, the Twitter president, tweets his way into impeachment hearings

  15-11-2019 22:33 via news.yahoo.com
  
  Trump used Twitter to challenge Marie Yovanovitch during her impeachment testimony.
  
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• Trump impeachment hearings: 3 key takeaways from Yovanovitch's testimony

  15-11-2019 22:28 via news.yahoo.com
  
  The second day of public impeachment testimony featured the former ambassador to Ukraine and a cameo from the president’s Twitter account.
  
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• The Latest: Stone convicted in 7 count indictment

  15-11-2019 22:23 via news.yahoo.com
  
  President Donald Trump is reacting to news that his longtime friend and confidant Roger Stone was convicted of lying to Congress and witness tampering.The president tweeted Friday, just minutes after the jury handed down its verdict in federal court in Washington.
  
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• Impeachment Woes and DACA Throes

  15-11-2019 22:23 via news.yahoo.com
  
  This excerpt is from episode 176 of The Editors.Charlie: Yesterday was the day on which the rain stopped and the sun hid behind the clouds and the eyes of the nation turned in unison toward Capitol Hill for the first day of public hearings in the impeachment of Donald Trump. The results of that first day were . . . well, inconclusive, really; nothing new was said; no great breakthroughs were made; both trenches are where they were at daybreak when the lark stopped singing and artillery began. Ji
  
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• A federal judge ruled that New Jersey-born, ISIS-bride Hoda Muthana is not a US citizen

  15-11-2019 22:15 via news.yahoo.com
  
  Hoda Muthana's father was a Yemeni diplomat at the time of her birth, which raised the question of whether or not she gained US citizenship at birth.
  
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• US-China deal could be signed by ministers: White House

  15-11-2019 22:04 via news.yahoo.com
  
  A partial trade agreement between the United States and China could be signed at the ministerial level, not by the two nations' presidents, a top White House aide said Friday.Larry Kudlow, director of the National Economic Council, has fed optimism in recent days that efforts to complete the "phase one" trade deal announced last month by President Donald Trump are making progress.Trump had said that he expected the text of a partial deal would be ready for signing with Chinese President Xi Jinpi
  
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• Marie Yovanovitch receives standing ovation after Trump attacks her during impeachment testimony

  15-11-2019 22:04 via news.yahoo.com
  
  Marie Yovanovitch received a standing ovation following her public testimony in Donald Trump’s impeachment inquiry, in which the ousted ambassador to Ukraine was attacked by the president in a series of controversial tweets.The audience stood and cheered for the career diplomat as House Intelligence Committee Chairman Adam Schiff ordered the meeting to a close, marking a rare moment in American politics. Citizens who sit in on congressional hearings are typically instructed to remain silen
  
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• Onlookers applaud as Yovanovitch hearing ends

  15-11-2019 22:02 via news.yahoo.com
  
  After House Intelligence Chairman Adam Schiff delivered closing remarks, onlookers applaud as former Ambassador Marie Yovanovitch leaves the room after giving testimony in the impeachment inquiry.
  
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• The U.S. Air Force’s Next Big Thing: Arsenal Planes With Hypersonic Missiles

  15-11-2019 22:00 via news.yahoo.com
  
  The “arsenal plane” that U.S. Air Force is developing in order to carry large numbers of munitions into battle might also carry new hypersonic weapons.
  
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• China targets one of Asia's biggest meth cartel: deputy drug tsar

  15-11-2019 21:57 via news.yahoo.com
  
  Chinese drug police are working with Mekong countries to strike at the heart of a mega-rich meth syndicate, a senior Beijing drugs tsar said, as the region targets top-level drug traffickers instead of street dealers.In large part responsible for the dramatic shift to synthetic drugs is a mega-cartel known as "Sam Gor", which UN's Office on Drugs and Crime (UNODC) believes is Asia's biggest crime syndicate led by a Chinese-born Canadian citizen named Tse Chi Lop.China is now stepping up efforts
  
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• Chevy Restomod Truck, '95 Mustang Being Auctioned For Charities

  15-11-2019 21:56 via news.yahoo.com
  
  Two awesome vehicles helping to raise money for military veterans and their families.The inaugural Republic Auctions event taking place in Dallas, Texas later this month will feature more than 400 classic and collectible vehicles looking for new homes, but two vehicles in particular will cross the auction block for good causes. A custom 1950 Chevrolet 3100 restomod and a cool-looking 1995 Ford Mustang will be auctioned off to benefit two different charities.On Friday, November 22nd, the 1950 Che
  
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• Bolivia Expels Maduro’s Diplomats in Abrupt Policy Shift

  15-11-2019 21:54 via news.yahoo.com
  
  (Bloomberg) -- Bolivia’s new government has only been in power for three days, yet it’s already turned the nation’s foreign policy on its head, transforming former allies into enemies, and former enemies into friends.The government of interim leader Jeanine Anez is cutting the nation’s close ties with socialist nations such as Venezuela and Cuba, and re-aligning the country’s foreign policy with the U.S.On Friday, the government said it will expel all Venezuelan dip
  
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• Cuba medical program becomes source of controversy

  15-11-2019 21:48 via news.yahoo.com
  
  A much-lauded overseas medical program has become the focus of accusations that it serves as cover for fomenting protests against governments opposed by Cuba.Cuba said Friday that it’s pulling 700 members of its medical mission to Bolivia after the arrest of four members of the program, which began under now-exiled President Evo Morales.The four were accused of rallying against the government that took over from Morales, a Cuban ally.
  
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• ‘No discipline. No plan. No strategy.’: Sen. Kamala Harris campaign in meltdown

  15-11-2019 21:47 via news.yahoo.com
  
  As Sen. Kamala Harris crisscrosses the country trying to revive her sputtering presidential bid, aides at her fast-shrinking headquarters are deep into the finger-pointing stages. And much of the blame is being placed on campaign manager Juan Rodriguez.
  
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• Hong Kong protesters defy Xi with pro-democracy rallies

  15-11-2019 21:47 via news.yahoo.com
  
  Hong Kong pro-democracy protesters defied a warning by China's President Xi Jinping and took to the streets again Friday, as the political turmoil seeped out to London, where a territorial minister was confronted by masked demonstrators.Protests have swept Hong Kong since June as many in the city of 7.5 million people have vented fury at eroding freedoms under Chinese rule.Violence has escalated, and tensions have spread overseas, sparking friction between China and Britain, which governed Hong
  
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• Yovanovitch gets standing ovation at the end of 5-hour hearing

  15-11-2019 21:41 via news.yahoo.com
  
  Marie Yovanovitch, the former U.S. ambassador to Ukraine, received a standing ovation on Friday at the conclusion of her more than five hours of testimony before the House Intelligence Committee. Republicans and Democrats alike had praised Yovanovitch's distinguished service as a diplomat during the inquiry, although President Trump's allies had additionally sought to paint the hearing as part of their opponents' "Watergate fantasies."Trump broke with his party to personally attack Yovanovitch o
  
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• Trump impeachment news: Ambassador gets standing ovation for her testimony after 'intimidation' attempt by president

  15-11-2019 21:41 via news.yahoo.com
  
  As ex-Ukraine ambassador Marie Yovanovitch has testified before the House impeachment inquiry, just after the White House has released its transcript of the first call between Donald Trump and Volodymyr Zelensky, seemingly an attempt to distract from the veteran diplomat's potentially explosive deposition.Speaking in Louisiana last night, the president complained the inquiry has been “very hard” on his family as he took to the stage to muster support for Republican gubernatorial cand
  
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• AP Explains: El Salvador child molestation ruling

  15-11-2019 21:37 via news.yahoo.com
  
  A court ruling in favor of a judge accused of sexually abusing a 10-year-old girl has provoked outrage in El Salvador, where some see it as a sign that the wheels of justice turn differently for the powerful.The girl’s mother accused Eduardo Jaime Escalante Díaz, a judge on First Civil Chamber of the country’s Supreme Court, of touching the girl’s private parts early this year.Here’s a look at the case which has shaken El Salvador, one of the most socially conserva
  
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• Trump: ‘I have a right to speak’

  15-11-2019 21:36 via news.yahoo.com
  
  President Trump defends his Friday tweet attacking U.S. Ambassador, Marie Yovanovitch.
  
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• U.S. to begin second round of trade aid payments for farmers next week

  15-11-2019 21:29 via news.yahoo.com
  
  The U.S. Department of Agriculture said on Friday it will begin making a second round of 2019 trade aid payments to U.S. farmers next week.The payments are the second part of a three-tranche $16 billion aid package announced in May to compensate farmers for the U.S.-China trade war.China imposed tariffs on key U.S. agriculture exports including soybeans and pork last year after U.S. President Donald Trump's administration levied duties on Chinese goods.
  
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• Trump impeachment hearing: President attacks former Ukraine ambassador as she testifies live on TV

  15-11-2019 21:23 via news.yahoo.com
  
  Former Ukrainian ambassador outlines campaign to remove her in public testimony Inside Room 1100: How day one of the historic Trump impeachment hearing played out    Who are the five key people in the impeachment hearings? Will Donald Trump be impeached? Latest news from the inquiry, explained  Diplomat claims president cared more about 'investigating Bidens' than Ukraine Donald Trump was accused of "real-time" witness tampering on Friday as he tweeted attacks on his former U
  
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• Rebuffed by US, migrants dwell in lawless Mexican state

  15-11-2019 21:17 via news.yahoo.com
  
  The gangsters trawling Nuevo Laredo know just what they’re looking for: men and women missing their shoelaces.In years past, migrants moved quickly through this violent territory on their way to the United States.Now, due to Trump administration policies, they remain there for weeks and sometimes months as they await their U.S. court dates, often in the hands of the gangsters who hold the area in a vise-like grip.
  
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• Migrants thrust by US officials into the arms of the cartels

  15-11-2019 21:17 via news.yahoo.com
  
  The gangsters trawling Nuevo Laredo know just what they’re looking for: men and women missing their shoelaces.In years past, migrants moved quickly through this violent territory on their way to the United States.Now, due to Trump administration policies, they remain there for weeks and sometimes months as they await their U.S. court dates, often in the hands of the gangsters who hold the area in a vise-like grip.
  
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• Marine deserter’s mother names him in fatal shooting

  15-11-2019 21:15 via news.yahoo.com
  
  The mother of a wanted Marine told investigators that she saw her son kill her boyfriend, according to a federal criminal complaint.The criminal complaint filed in U.S. District Court in Roanoke, Virginia, on Wednesday shows Vanessa Hanson told a U.S. Marshal that she witnessed Michael Alexander Brown, 22, fatally shoot her boyfriend, Rodney Wilfred Brown, last Saturday at a home in Hardy.The vehicle was later found near Clarendon County, South Carolina, about four hours southwest of Camp Lejeun
  
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• Oklahoma judge reduces J&J order in opioid lawsuit by $107M

  15-11-2019 21:13 via news.yahoo.com
  
  An Oklahoma judge who last summer ordered consumer products giant Johnson & Johnson to pay $572 million to help address the state’s opioid crisis on Friday reduced that amount by $107 million in a final order in the case.District Judge Thad Balkman’s latest order directs the company to pay the state $465 million.In it, Balkman acknowledged that he miscalculated in his original award how much it would cost to develop a program for treating babies born addicted to opioids.
  
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• UPDATE 3-Trump asks Supreme Court to stop Congress from getting his financial records

  15-11-2019 21:12 via news.yahoo.com
  
  President Donald Trump on Friday asked the U.S. Supreme Court to block a lower court ruling directing an accounting firm to hand over his financial records to a Democratic-led congressional panel, setting up a major clash between branches of government.Trump turned to the justices after the U.S. Court of Appeals for the District of Columbia Circuit decided on Wednesday that it would not revisit its October decision backing the House of Representatives Oversight Committee's authority to subpoena
  
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• UPDATE 2-Trump asks Supreme Court to stop Congress from getting his financial records

  15-11-2019 21:12 via news.yahoo.com
  
  President Donald Trump on Friday asked the U.S. Supreme Court to block a lower court ruling directing an accounting firm to hand over his financial records to a Democratic-led congressional panel, setting up a major clash between branches of government.Trump turned to the justices after the U.S. Court of Appeals for the District of Columbia Circuit decided on Wednesday that it would not revisit its October decision backing the House of Representatives Oversight Committee's authority to subpoena
  
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• The White House Motto: Watch Your Back

  15-11-2019 21:07 via news.yahoo.com
  
  There's no honor among thieves nor, apparently, among anxious political hacks who bound themselves to a president with a penchant for subordinating the national interest to his own.Once-eager presidential enablers have turned on one another with feral abandon as the facts of what Trump's flunkies were doing in Ukraine have become clear and the impeachment investigation moves into its public phase.John Bolton, the former national security adviser, appears to be spoiling for a fight. He has a deal
  
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• Turkey Casts Venezuela Another Lifeline, Buying Its Scrap Metal

  15-11-2019 21:05 via news.yahoo.com
  
  (Bloomberg) -- Desperate for cash, Venezuela is scrounging around for it in junk piles, looking for discarded car parts and odds and ends from construction sites to sell.But with U.S. sanctions cutting ever deeper into the crippled economy, the Nicolas Maduro regime appears to have found just one customer: Turkey.In the latest lifeline that country has extended to Venezuela -- after buying some of the $40 million worth of gold Maduro sold in July in defiance of U.S. sanctions -- Turkey has purch
  
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• Jackie Speier erupts at reporter for The Hill

  15-11-2019 21:05 via politico.com
  
  Angered by the testimony of ousted ambassador Marie Yovanovitch, California Rep. Jackie Speier upbraided a reporter for The Hill and ripped the outlet’s publication of columns by John Solomon, the conservative journalist whose work is at the center of what Yovanovitch described as a “smear campaign” against her.“I just find it reprehensible that any newspaper would just be willing to put that kind of crap out that is not — has no veracity whatsoever, and not check t
  
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• The Korean War Was So Brutal That America's Most Hardened Soldiers Were Shaken

  15-11-2019 21:00 via news.yahoo.com
  
  Korea was worse than hell.
  
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• Exclusive: U.S. regulator rethinking changes to whistleblower program after backlash - sources

  15-11-2019 20:59 via news.yahoo.com
  
  WASHINGTON/NEW YORK (Reuters) - The U.S. securities regulator is rethinking a proposal that could weaken a landmark whistleblower program after a pushback from whistleblower lawyers and advocates, people with knowledge of the deliberations told Reuters.Last year, the Securities and Exchange Commission (SEC) proposed reworking the program which allows the SEC to reward tipsters whose original information leads to a penalty exceeding $1 million with between 10% and 30% of the fine.Created after th
  
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• Republican Elise Stefanik tangles with Schiff to defend Trump during hearings

  15-11-2019 20:53 via news.yahoo.com
  
  Representative Elise Stefanik, once best known for becoming the youngest woman elected to Congress, stepped into center stage this week as a vocal defender of President Donald Trump during televised impeachment hearings.The three-term congresswoman has been one of the sharpest questioners of the three American diplomats who testified at public hearings on Wednesday and Friday, overshadowing some colleagues better known for their vociferous defense of the president.Stefanik, 35, has been rated as
  
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