Finance news

• Pompeo Plans Dinner With Tech Leaders Including Oracle’s Ellison

  12-01-2020 23:59 via news.yahoo.com
  
  (Bloomberg) -- Secretary of State Michael Pompeo is planning to attend a private dinner on Monday with tech leaders including Oracle Corp.’s Larry Ellison, according to people familiar with the matter. The dinner, which will be held in San Francisco, comes as tensions between the U.S. and Iran run high, and days after Pompeo announced new sanctions on the country.The hope is to drum up support for the Trump administration in Silicon Valley amid the ongoing conflict with Iran, according to
  
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• Australian prime minister's approval rating goes up in flames

  12-01-2020 23:48 via news.yahoo.com
  
  Public support for Prime Minister Scott Morrison has slumped to its lowest levels amid widespread anger over his government's handling of Australia's bushfire crisis, according to a survey released by Newspoll on Monday."We have heard the message loud and clear from the Australian people," Treasurer Josh Frydenberg said on Monday, when asked about the poll result as he announced a A$50 million($34.56 million) wildlife protection fund."They want to see a Federal Government adopt a very direct res
  
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• Mexico in 2019 Created Fewest Jobs Since Financial Crisis

  12-01-2020 23:00 via news.yahoo.com
  
  (Bloomberg) -- Mexico created the fewest formal jobs in 2019 since the financial crisis a decade ago after the nation raised the minimum wage and economic growth flat-lined.The country lost 382,210 jobs in December, according to data released Sunday by the nation’s social security institute known as IMSS. That lowers the net number of jobs created in the year to about 342,000, which is nearly half the amount of new posts seen in 2018.December is usually the month that reports the most jobs
  
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• A Japanese woman was asked to take a pregnancy test before flying to a US island that has become popular for birth tourism

  12-01-2020 22:59 via news.yahoo.com
  
  More tourists gave birth in Saipan than residents in 2018, as the island has become popular for pregnant women wishing to give birth to US citizens.
  
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• Haitians remember victims of massive earthquake 10 years on

  12-01-2020 22:49 via news.yahoo.com
  
  PORT-AU-PRINCE, Haiti (AP) — Haitians on Sunday remembered the victims of the massive earthquake that killed more than 100,000 people a decade ago, although the ceremony was marked by a protest against political mismanagement now and then.President Jovenel Moise laid flowers at a memorial to the victims at a cemetery outside Port-au-Prince, joined by clergy, officials from his government and foreign ambassadors.The 7.0 magnitude quake that hit Haiti's capital and surrounding areas just bef
  
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• Election 2020: Here's who qualified for the January debate in Iowa

  12-01-2020 22:45 via news.yahoo.com
  
  This is the smallest debate stage since the primary debates began in June.
  
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• Trump calls for ‘outright dismissal’ of impeachment case without trial as Democrats prepare to hand case to Senate

  12-01-2020 22:42 via news.yahoo.com
  
  Within hours of demanding the US Senate call House Speaker Nancy Pelosi and House Intelligence Committee chair Adam Schiff as witnesses at his upcoming impeachment trial, president Donald Trump reversed course and suggested the Senate should dismiss the charges against him without hearing any evidence.“Many believe that by the Senate giving credence to a trial based on the no evidence, no crime, read the transcripts, ‘no pressure’ Impeachment Hoax, rather than an outright dismi
  
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• Former Pope Benedict breaks silence on celibacy debate after synod

  12-01-2020 22:27 via news.yahoo.com
  
  Former Pope Benedict, in a new book written with a conservative cardinal, defends priestly celibacy in the Catholic Church in what appears to be a strategically timed appeal to Pope Francis to not change the rules.Benedict wrote the book, "From the Depths of Our Hearts," with Cardinal Robert Sarah, 74, a Guinean prelate who heads the Vatican's Congregation for Divine Worship and the Discipline of the Sacraments.The Vatican had no immediate comment on the book, which is due to be published on Mon
  
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• 'Jeopardy!' was criticized for ruling that Jesus Christ's Bethlehem birthplace is in Israel and not Palestine

  12-01-2020 22:16 via news.yahoo.com
  
  Social media users demanded the show correct or apologize for rejecting Palestine as the correct answer.
  
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• Aboard Bloomberg bus: Droll wit, swag, Texas-size ambition

  12-01-2020 22:12 via news.yahoo.com
  
  Mike Bloomberg isn't going to be the loudest campaigner in the Democratic primary contest, and he's not planning to spend time talking about his rivals.While the top Democratic candidates campaigned in Iowa and Nevada this weekend, Bloomberg was on a five-stop bus tour Saturday of reliably Republican Texas, which doesn't vote until March 3.The only rival he spoke about was President Donald Trump, and he talked about Texas as a battleground in November rather than a soon-to-be-voting primary stat
  
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• Warren Tries to Ease Iowans’ Concerns About Electability

  12-01-2020 22:11 via news.yahoo.com
  
  (Bloomberg) -- Democratic presidential candidate Elizabeth Warren barnstormed across Iowa this weekend, seeking to put to rest questions about her electability and her ability to build a coalition to defeat Donald Trump.With less than a month before the Feb. 3 Iowa Caucuses, the Massachusetts senator is trying to regain her momentum in a state where she had been the front-runner in the fall. A Des Moines Register/CNN/Mediacom Iowa poll released Friday showed Bernie Sanders in the lead in Iowa, w
  
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• 'I wished I was on that plane': Iranian general apologizes; missiles pound Iraq base. What we know now

  12-01-2020 22:06 via news.yahoo.com
  
  Fallout from Iran-U.S. tensions intensified Sunday as missiles pounded an Iraqi air base hosting U.S. troops.
  
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• 12 Saudis reportedly to be expelled from US after Pensacola shooting rampage

  12-01-2020 22:06 via news.yahoo.com
  
  12 Saudi military personnel training in the U.S. will be expelled after a shooting rampage in Florida, multiple media outlets reported.
  
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• F/A-18 Fighter's New Best Friend: Boeing Is Prepping an Armed Wingman Drone

  12-01-2020 22:00 via news.yahoo.com
  
  Boeing is preparing to test prototype wingman drones, apparently at a secretive site in the Australian Outback.
  
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• The fugitive and former Nissan CEO Carlos Ghosn says Hollywood has contacted him about his unbelievable escape from Japan

  12-01-2020 21:58 via news.yahoo.com
  
  Former Nissan CEO Carlos Ghosn says he's a 'fugitive of injustice' and won't comment on whether any Americans helped him escape from Japan in a box.
  
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• China set to strengthen cooperation with Zimbabwe

  12-01-2020 21:57 via news.yahoo.com
  
  China's foreign minister Wang Yi on Sunday pledged to strengthen cooperation with Zimbabwe despite a spat over bilateral aid figures in November.The two countries butted heads after Zimbabwe's government said it had only received $3.6 million in aid from Beijing in 2019 -- 40 times lower than the figure claimed by China.Yi met his Zimbabwean counterpart Sibusiso Moyo on Sunday during the final leg of an Africa tour that also took him to Egypt, Djibouti, Eritrea and Burundi.
  
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• Steyer Says Experience Qualifies Him for Debate: Campaign Update

  12-01-2020 21:55 via news.yahoo.com
  
  (Bloomberg) -- Billionaire Tom Steyer says his business experience qualifies him to stand on stage with five other Democratic candidates Tuesday in Iowa, the final debate before that state’s first-in-the-nation nominating contest.“I did business for over 30 years working and traveling around the world, meeting with governments, talking to the heads of huge corporations,” Steyer told Jake Tapper on CNN’s “State of the Union” on Sunday.Steyer said he’s lea
  
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• Richard Ratcliffe says arrest of British ambassador 'a bad sign' for his wife Nazanin as she remains incarcerated

  12-01-2020 21:50 via news.yahoo.com
  
  The husband of British-Iranian mother Nazanin Zaghari-Ratcliffe has said the arrest of the UK's ambassador to Iran is a "really bad sign for us". Richard Ratcliffe said the detention of Rob Macaire during anti-government protests in Tehran did not bode well for his wife, who has been held "essentially as a hostage" for almost four years. He also said US President Donald Trump's actions have made the situation "much more volatile" but noted "his administration has got Americans home, wh
  
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• 'It means you're going to lose': Bernie Sanders answers Trump on rise in polls

  12-01-2020 21:41 via news.yahoo.com
  
  * President ponders success of ‘Crazy Bernie’ in Democratic race * How to dump Trump: Rick Wilson on Running Against the DevilBernie Sanders had a curt response for Donald Trump on Sunday, after the president noted the Vermont senator’s strong showing in the Democratic primary race and asked: “So what does this all mean?”“It means you’re going to lose,” Sanders tweeted back.The 78-year-old democratic socialist has rebounded from a heart attack last
  
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• Rising in the polls, Sanders takes jabs from Trump, Warren

  12-01-2020 21:31 via news.yahoo.com
  
  Bernie Sanders found himself on the receiving end of attacks from both President Donald Trump and Elizabeth Warren on Sunday, a reflection of his rising status in the Democratic presidential race and perceived momentum just three weeks out from the Iowa caucuses.Crazy Bernie Sanders is surging in the polls, looking very good against his opponents in the Do Nothing Party.
  
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• The U.S. Air Force Could Transform Old Tankers Into New Command-and-Control Planes

  12-01-2020 21:30 via news.yahoo.com
  
  The U.S. Air Force has a problem. The world’s leading air arm wants to reshape its force structure for a possible high-tech war with Russia or China. That means replacing many of the big, lumbering surveillance and command-and-control aircraft that the service relies on to direct forces during combat, but which also are increasingly vulnerable to enemy missiles. But replace them with what?
  
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• French transport strike drags on despite govt compromise on pensions

  12-01-2020 21:25 via news.yahoo.com
  
  A crippling French transport strike dragged into its 39th day on Sunday despite the government's offer to withdraw the most contested measure of the pension reform plans that sparked the protest.Prime Minister Edouard Philippe said Saturday he would drop plans to increase the official age for a full pension to 64 from 62 in an effort to end a strike which has paralysed Paris and its suburbs, with bus, train and metro services all badly disrupted.French President Emmanuel Macron called the change
  
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• Monument to honor US-Mexican dual citizens slain in Mexico

  12-01-2020 21:16 via news.yahoo.com
  
  President Andrés Manuel López Obrador said Sunday that a monument will be put up to memorialize nine U.S.-Mexican dual citizens ambushed and slain last year by suspected drug gang assassins along a remote road in the northern border region near New Mexico.In remarks to members of the small town of La Mora, which was shattered by the Nov. 4 killings of three women and six children from the extended Langford, LeBarón and Miller families, López Obrador said the first goa
  
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• Over half of Americans disapprove of how Trump is handling the situation with Iran as tensions near a breaking point

  12-01-2020 21:05 via news.yahoo.com
  Fifty-six percent of American voters say they disapprove of how Trump has handled the situation with Iran, according to a poll conducted by Ipsos.
  
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• Warren Criticizes Sanders Over Order to `Trash': Campaign Update

  12-01-2020 21:03 via news.yahoo.com
  
  (Bloomberg) -- Elizabeth Warren criticized Bernie Sanders for the first time in the 2020 presidential race, saying she was disappointed to learn that her Democratic rival was instructing his campaign volunteers to “trash” her to voters.On Saturday, Politico reported that Sanders had told his volunteers to tell voters leaning toward Warren that she’s a candidate who only appeals to “highly-educated, more affluent people” and is “bringing no new bases” int
  
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• Four wounded in attack on Iraqi military base housing U.S. forces

  12-01-2020 21:02 via news.yahoo.com
  
  Four people were wounded on Sunday in an attack on Balad air base in Iraq, which houses U.S. personnel.
  
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• Desperate to defeat Trump, Democrats grapple with 'electability'

  12-01-2020 20:56 via news.yahoo.com
  
  MASON CITY, Iowa/DAVENPORT, Iowa (Reuters) - Kristen Marttila braved sub-freezing temperatures on Saturday to knock on doors in Mason City, Iowa, trying to convince voters to cast their lot with Democratic presidential candidate Elizabeth Warren in the state's nominating contest on Feb. 3.Time after time, Marttila said, she heard the same message: People loved the senator from Massachusetts but were concerned her liberal stances would not draw enough broad support to defeat U.S. President Donald
  
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• Philippine volcano halts flights, forces evacuations

  12-01-2020 20:47 via news.yahoo.com
  
  Philippine authorities warned Sunday an "explosive eruption" of a volcano south of Manila could be imminent, hours after it sent a massive column of ash skyward that forced officials to halt flights at the capital's main airport until further notice.Thousands of people living near Taal volcano, a popular tourist attraction set in the centre of a picturesque lake, were evacuated from their homes as it spewed ash, rumbled with earthquakes and lightning exploded above its crest.A "hazardous explosi
  
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• Energy Idiocracy: Global Policymakers are Creating More Problems Than Solutions By Embracing Renewables

  12-01-2020 20:35 via news.yahoo.com
  
  What we are seeing is “a first-world problem” that is obsessed with global warming/climate change instead of being concerned with the two billion people globally without electricity.
  
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• Recovery begins after storms that kill 11 in Midwest, South

  12-01-2020 20:29 via news.yahoo.com
  
  Thousands remained without electrical power Sunday morning after weekend storms ravaged parts of the Southeast and Midwest, causing 11 deaths, overturning cars, uprooting trees and reducing buildings to rubble. The National Weather Service says it was a tornado packing winds of at least 134 mph (215 kph) that hit Alabama's Pickens County on Saturday, killing three. Alabama Gov. Kay Ivey praised the state's first responders Sunday in a statement expressing grief over the loss of life.
  
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• Iran's only female Olympic medalist defected to Europe, citing the country's oppressive treatment of women in a goodbye Instagram post

  12-01-2020 20:29 via news.yahoo.com
  
  Kimia Alizadeh won a bronze medal in taekwondo in the 2016 summer Olympics, and now says she is one of millions of oppressed women in Iran.
  
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• Puerto Ricans Unable to Reach Earthquake Shelters Say They’re Getting ‘No Help from Government’

  12-01-2020 20:27 via news.yahoo.com
  
  PONCE, PUERTO RICO—Squinting at the blistering sun, Jeanette Fontánez looks overheated and exasperated. “We can’t live in our houses because they’re cracked,” she tells The Daily Beast. “We need soap, mattresses, tents, water, supplies—a little bit of everything, because there’s a lot of us here.” But as of Saturday afternoon, government officials and agencies had yet to arrive to where the 49-year-old Fontánez has sought r
  
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• Ten years after devastating quake, Haitians struggle to survive

  12-01-2020 20:24 via news.yahoo.com
  
  PORT-AU-PRINCE (Reuters) - Every morning as the sun rises over the dusty, overgrown ruins of the Haitian capital's iconic cathedral, Paul Christandro, who lived nearby all his life, thinks about the day ten years ago when he watched it come down, killing his friends.International organizations pledged billions of dollars in aid as the scale of the disaster became obvious, though with Christandro and many others still in temporary housing its use has come under intense scrutiny."Every day when I
  
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• Clinton allowed witnesses in impeachment trial — Trump has done the opposite

  12-01-2020 20:18 via news.yahoo.com
  
  House Speaker Nancy Pelosi on Sunday continued her calls for witnesses in President Trump’s impeachment trial after conceding to send articles of impeachment to the Senate without Majority Leader Mitch McConnell’s commitment to hear new testimony.
  
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• Medieval village on Lake Como introduces controversial five-euro entrance fee

  12-01-2020 20:09 via news.yahoo.com
  
  The small medieval village of Corenno Plinio, a hidden gem overlooking Italy’s Lake Como, is set to charge visitors a daily entrance fee in a bid to make it a tourist hub, dividing opinion among the tiny local population.   Every year, thousands of tourists explore the tiny streets of this hamlet built in the rocks, climbing thousand steps to reach the picturesque centre.    But the newly elected mayor plans to charge a €5 entrance fee for day-trippers, in a move a
  
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• Officials Called 'Redmen' a Racist Mascot. Then Voters Weighed In.

  12-01-2020 19:57 via news.yahoo.com
  
  In July, the school board in a small Connecticut town called Killingly took what local officials said was a long-overdue step: removing the name of the school mascot, Redmen, which some Native Americans have deemed racist.Students did not seem to rebel against the change, even agreeing in the fall to adopt a new name, the Redhawks.But then the adults had their say.Residents, apparently angered by the removal of the Redmen mascot, flocked to the polls in November and gave Republicans control of t
  
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• Man rescued in Alaskan wilderness more than 20 days after fire destroys home, kills dog

  12-01-2020 19:51 via news.yahoo.com
  
  Tyson Steele, 30, survived more than 20 days in the Alaskan wilderness after a devastating fire burned down his cabin and killed his beloved dog.
  
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• Trump claims to be 'dealmaker not warmonger' after killing top Iranian general and increasing tensions across Middle East

  12-01-2020 19:43 via news.yahoo.com
  
  Donald Trump has claimed he is a “not a warmonger” but a “dealmaker” - days after ordering the killing of Iran’s top general Qassem Soleimani and escalating tensions between the Middle Eastern country and his own.Sharing quotes from a sympathetic article by New York Post columnist and Fox News pundit Michael Goodwin, who described Mr Trump as someone who takes the military action only as a “last resort”, the American leader wrote: “Could not have s
  
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• Beijing loathe to ease pressure despite Taiwan election landslide

  12-01-2020 19:42 via news.yahoo.com
  
  China's campaign to isolate Taiwan has backfired spectacularly with voters handing President Tsai Ing-wen a landslide second term -- but authoritarian Beijing is unlikely to abandon its diplomatic cudgel anytime soon, analysts say.Tsai's re-election on Saturday with a record 8.2 million votes, or 57 percent, was a forceful rebuke of Chinese President Xi Jinping's push to heap economic and diplomatic pressure on the self-ruled island.The result keeps Taiwan on a collision course with its giant ne
  
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• 7 bombs struck an Iraqi joint military base housing US soldiers, wounding 4

  12-01-2020 19:38 via news.yahoo.com
  
  The attack comes just days after two military bases in Iraq that house US forces were targeted by Iran as tensions between the countries escalated.
  
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• Two WWII bombs made safe in Germany

  12-01-2020 19:37 via news.yahoo.com
  
  Two World War II-era bombs were made safe in the western German city of Dortmund after around 14,000 people were evacuated, the city said Sunday.Officials there warning on Saturday that unexploded bombs dropped by Allied forces during the war might be buried in four sites in a heavily populated part of the city centre.Two unexploded bombs weighing 250 kilogrammes (550 pounds) each, one British and the other American, were found and made safe.
  
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• The resolution to limit Trump's war powers is nothing but an empty political gesture

  12-01-2020 19:37 via news.yahoo.com
  
  A war powers resolution won't stop Trump from doing anything he would do anyway in Iran. It's just a signal that Congress doesn't trust Trump.
  
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• Pelosi says delaying articles of impeachment achieved 'very positive' results

  12-01-2020 19:26 via news.yahoo.com
  
  House Speaker Nancy Pelosi (D-Calif.) has no regrets.That's what she told George Stephanopoulos on Sunday during an appearance on ABC's This Week. Pelosi was referring specifically to her decision to withhold articles of impeachment against President Trump from the Senate, thus delaying an impeachment trial. While Republicans have criticized her methods, and even some Democrats grew tired of the hold up, Pelosi thinks it has produced some "very positive" results by giving time for new documents
  
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• Rand Paul: Time to revisit Mideast war authorization

  12-01-2020 19:12 via politico.com
  
  “We really need to have a debate about whether we should still be in Iraq or in Afghanistan,” the Kentucky Republican said.
  
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• Pelosi: Clinton allowed witnesses to come forward during his impeachment trial — Trump has done the opposite 

  12-01-2020 19:09 via news.yahoo.com
  
  House Speaker Nancy Pelosi on Sunday continued her calls for witnesses in President Trump’s impeachment trial after conceding to send articles of impeachment to the Senate in the coming weeks without Majority Leader Mitch McConnell’s commitment to hear new testimony. 
  
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• China's U.S. trade deal commitments not changed in translation: Mnuchin

  12-01-2020 19:01 via news.yahoo.com
  
  China's commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, U.S. Treasury Secretary Steven Mnuchin said on Sunday.Mnuchin told Fox News Channel that the deal reached on Dec. 13 still calls for China to buy $40 billion to $50 billion worth of U.S. agricultural products annually and a total of $200 billion of U.S. goods over two years.
  
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• Did Iran mean to kill Americans in its Iraq attack? The answer hints at how far Iran will go to challenge US

  12-01-2020 18:59 via news.yahoo.com
  
  Trump's comment that Iran was "standing down" reinforced the view that the strike was a warning shot. Officials later said Tehran had lethal intent.
  
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• 4 Iraqi servicemen wounded by rocket attack on air base

  12-01-2020 18:56 via news.yahoo.com
  
  Four members of Iraq's military were wounded Sunday in a rocket attack targeting an air base just north of Baghdad where American trainers are present, Iraqi security officials said.The attack by at least six rockets came just days after Iran fired ballistic missiles at two bases in Iraq that house U.S. forces, causing no casualties.Recent heightened tensions between the U.S. and Iran were sparked last month when a rocket attack killed an American contractor at a base in Iraq.
  
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• Former Marine Posed as Security Member for Trump's Marine One, Officials Say

  12-01-2020 18:54 via news.yahoo.com
  
  A former U.S. Marine posed as a security team member for Marine One, the helicopter that transports President Donald Trump, and breached two checkpoints last week at Palm Beach International Airport, the authorities said.The former Marine, Brandon M. Magnan, 37, of Naples, Florida, was charged on Jan. 6 with false personation of officer or employee of the United States, according to a criminal complaint by the Secret Service.It wasn't clear why Magnan was trying to get near the helicopter. Marin
  
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• Stormy weather returns to California, bringing rain, wind and mountain snow

  12-01-2020 18:51 via news.yahoo.com
  
  After a drier-than-normal start to 2020, a pattern change will bring rain and snow to much of the state later this week.A storm, which will first come ashore in Oregon late Tuesday night, will dive southward throughout the day on Wednesday.Gusty winds will move into Northern California for Wednesday afternoon and evening, with gusts as high as 40 mph.CLICK HERE FOR THE FREE ACCUWEATHER APP"The storm will spread rain and snow from northwestern California early on Wednesday to the Bay area and Tah
  
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