President Donald Trump’s plan to begin deporting “millions” of undocumented immigrants as soon as next week will start with people who have defied final deportation orders, acting Immigration, Customs and Enforcement Director Mark Morgan says.

Morgan told Fox News Wednesday night that the process would begin with those who have had previous access to a lawyer and a court hearing but haven’t complied with the final edict. ICE will help people who voluntarily comply execute an “ordered, dignified” exit from the U.S., he said.

“We have a demographic that has had an enormous amount of due process,” Morgan said. “We’re not going to exempt any demographic.”

The president’s announcement of the plan earlier this week was seen as a signal he may be opening a new front in his war on immigration ahead of his formal his re-election campaign kickoff last night.

Trump said in a Monday tweet that ICE would begin removing migrants “as fast as they come in” but didn’t provide details about what the new initiative would entail. Morgan said Wednesday that the operation will focus on those who have been issued final deportation orders by federal judges but remain in the country.

The president has been focusing on undocumented immigrants — one of his signature issues — in recent weeks as he tries to make the case that voters should re-elect him in 2020.

Morgan said told CNN earlier this month that the new ICE effort could prove a disincentive for migrant families currently traveling to the U.S. who count on legal limits on the time children can be held in government custody to secure release into the country.

Trump is eager to demonstrate that he’s taking a hard line on immigration as he increasingly focuses on his re-election campaign, which he’s set to launch Tuesday night in Orlando, Florida.

In 2016, Trump won the White House with a populist message and promises to build a wall and stop flows of illegal immigration. But the president has struggled to secure congressional support for construction of his signature border barrier, and migration flows have surged in recent months as migrant families from Central America pour into the country from Mexico.

The campaign of Kamala Harris, a senator from California seeking the Democratic nomination to oppose Trump in the general election, said Trump’s tweet is evidence he wants “to rid our country of ethnic and racial groups he doesn’t like.”

“History has shown us what happens when governments begin mass roundups based on ethnic background or national origin,” Harris campaign manager Juan Rodriguez said in a statement.

Earlier this month, Trump threatened to impose new tariffs on Mexico if the country didn’t stem those migrant flows. The U.S. ultimately relented after the Mexican government agreed to step up internal immigration enforcement efforts.

The administration has also requested $4.5 billion in emergency funds that would help address the surge of migrants at the border but not be used for wall construction.

Source: NewsMax Politics

FILE PHOTO: People pass by an entrance to Google offices in New York
FILE PHOTO: People pass by an entrance to Google offices in New York, U.S., June 4, 2019. REUTERS/Brendan McDermid/File Photo

June 19, 2019

By Paresh Dave

SAN FRANCISCO (Reuters) – Shareholder activists want Google parent Alphabet Inc to break itself up before regulators force the world’s biggest internet ad seller to split into different pieces.

SumOfUs, a U.S.-based group that aims to curb the growing power of corporations, is set to make that proposal at Alphabet’s annual shareholder meeting on Wednesday at an auditorium at the company’s offices in Sunnyvale, California.

“Officials in the US & EU continue to be concerned about Alphabet’s market power in view of restrictions on monopolies,” the proposal reads. “We believe that shareholders could receive greater value from a voluntary strategic reduction in the size of the company than from asset sales compelled by regulators.”

The proposal has no realistic chance of success as Alphabet’s top two executives, Larry Page and Sergey Brin, hold 51.3 percent of shareholder votes.

Nevertheless, it shows a growing focus on the prospect of antitrust action against Alphabet and other big technology firms such as Facebook Inc and Inc as they face a political and public backlash over privacy issues and the power they now wield over the world’s information.

U.S. President Donald Trump has been a frequent critic of Google, claiming without evidence that its search engine unfairly produces results unfavorable to him. He has suggested that U.S. regulators should follow Europe’s lead and look closely at tech companies’ monopolies, but has not suggested any specific remedy.

The U.S. Department of Justice and Federal Trade Commission are gearing up to investigate whether Google, Amazon, Apple and Facebook misuse their massive market power, sources told Reuters earlier this month.

The breakup proposal is one of a record of 13 on the ballot at Alphabet’s Wednesday meeting. A group of Google employees is backing five of the proposals, which it helped craft, but not the proposal to split the company.

Tibetan and Uighur ethnic group leaders concerned about Google’s work in China are among speakers expected to speak at demonstrations outside the auditorium before the meeting. Community activists pressing Google to address housing shortages in Silicon Valley also planned to rally.

Alphabet said in shareholder materials its existing policies address issues raised in the proposals and declined to comment further.

Although none of the proposals is likely to pass, Google may respond to issues raised. The company stopped working on a censored Chinese search engine and banned use of its artificial intelligence tools for weaponry after petitions from employees and outside activists.

“We started as a voice in the wilderness on some of these issues, but conversations have come more to the fore,” SumOfUs campaign manager Sondhya Gupta said.

(Reporting by Paresh Dave; Editing by Bill Rigby)

Source: OANN

FILE PHOTO: California's Governor Gavin Newsom speaks during the California Democratic Convention in San Francisco
FILE PHOTO: California’s Governor Gavin Newsom speaks during the California Democratic Convention in San Francisco, California, U.S. June 1, 2019. REUTERS/Stephen Lam/File Photo

June 19, 2019

By Alex Dobuzinskis

LOS ANGELES (Reuters) – California Governor Gavin Newsom on Tuesday apologized to Native Americans for violence and other wrongdoings they suffered during the state’s history and called their mistreatment genocide.

The Democratic governor, in an executive order, called for the creation of a Truth and Healing Council to produce a report before the end of 2024 on the historical relationship between the state and Native Americans.

Newsom delivered the apology during an appearance with tribal leaders at the California Indian Heritage Center near Sacramento, the state capital.

“It’s called a genocide, that’s what it was, a genocide,” Newsom said, citing the $1.3 million in state funding authorized in the 1850s to subsidize militia campaigns against Native Americans. “No other way to describe it, and that’s the way it needs to be described in the history books.”

Tribal leaders who appeared with Newsom on Tuesday thanked him for the apology.

“It’s healing to hear your words, but actions will speak for themselves and I do look forward to hearing more and seeing more of you,” Erica Pinto, chairwoman of Jamul Indian Village in San Diego County, said.


In discussing the history of California’s treatment of Native Americans, Newsom cited an 1851 address to the state legislature by California’s first governor, Peter Burnett.

“That a war of extermination will continue to be waged between the races until the Indian race becomes extinct must be expected,” Burnett said then.

The state of California had never previously formally apologized for its role in wrongdoing against Native Americans, according to the governor’s office.

Newsom’s predecessor, Democrat Jerry Brown, did endorse a 2016 book by historian Benjamin Madley, of the University of California, Los Angeles, titled “An American Genocide: The United States and the California Indian Catastrophe, 1846-1873.” The book detailed how California’s indigenous population fell from as many as 150,000 people to about 30,000.

Madley estimated that between 1846 and 1873, up to 16,000 Native Americans were killed in California. Disease, dislocation and starvation also took their toll, Madley wrote.

The U.S. Congress in 2009 passed a resolution, tucked into an appropriations bill, that apologized to Native Americans for violence, maltreatment and neglect inflicted by U.S. citizens.

(Reporting by Alex Dobuzinskis; editing by Bill Tarrant and Leslie Adler)

Source: OANN

FILE PHOTO: PG&E crew work on power lines to repair damage caused by the Camp Fire in Paradise,
FILE PHOTO: PG&E crew work on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage

June 18, 2019

By Jim Christie

SAN FRANCISCO (Reuters) – PG&E Corp will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday.

Payments to the local governments will settle claims from lawsuits put on hold by PG&E’s bankruptcy and are separate from the thousands of individual claims stemming from wildfires that the company expects will be filed against it during the bankruptcy period.

San Francisco-headquartered PG&E filed for Chapter 11 protection in January anticipating $30 billion in liabilities from wildfires in 2017 and 2018 blamed on its equipment.

The local governments said in a filing in March that their claims could top more than $2.5 billion for fire-related damage to roads, bridges, sidewalks, road signs and signals, public landscaping and water systems.

The governments include the city of Paradise, which was leveled by November’s Camp Fire in California deadliest and most destructive wildfire of modern times.

The city of Santa Rosa and Sonoma and Napa counties, which were hard hit by blazes in 2017, also are among the localities that settled with PG&E.

(Reporting by Jim Christie; editing by Grant McCool)

Source: OANN

FILE PHOTO: An Adobe Systems Inc software box is seen in Los Angeles
FILE PHOTO: An Adobe Systems Inc software box is seen in Los Angeles, California, U.S., March 13, 2017. REUTERS/Lucy Nicholson/File Photo

June 18, 2019

(Reuters) – Adobe Inc beat analysts’ estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud, sending its shares up 4.6% after market.

Adobe is sharpening its focus on the fast-growing cloud business, a fiercely competitive market dominated by Microsoft Corp, Oracle Corp and Inc.

In doing so, Adobe, known for its image-editing software Photoshop, partnered with Microsoft in March to bolster its sales and marketing software capabilities.

Salesforce and Microsoft also posted better-than-expected quarterly results on the back of growth in their cloud businesses.

Adobe’s shift to a cloud-based subscription has brought a more predictable revenue stream for the company, by selling its software through web-based subscriptions and not through the sale of packaged-licensed software.

On Tuesday, Adobe’s executives expressed confidence in the company’s ability to raise prices annually for its subscription-based services, while driving volume growth by attracting new users.

“We’re able to do that through the various new products that are attracting folks to our platform… And then as they get comfortable with those, they end up to upsell them into full suite products for multiple applications,” Chief Financial Officer John Murphy on post-earnings call.

Subscription revenue during the second quarter jumped 27.7% to $2.46 billion and product revenue rose 1.2% to $152.8 million.

Revenue from Adobe’s digital media segment jumped 22% to $1.89 billion, above estimates of $1.86 billion, according to IBES data from Refinitiv.

Revenue from its Experience Cloud business, which provides services including analytics, advertising and marketing, rose 34% to $784 million, above analysts’ estimate of $774.9 million. The growth was helped by the acquisitions of Magento and Marketo, Chief Executive Officer Shantanu Narayen said on the call.

However, the company expects to report revenue of about $2.80 billion in the third quarter, below analysts’ estimates of $2.83 billion. It estimates a 20% revenue rise in its digital media unit in the current quarter.

The San Jose, California-based company’s revenue jumped 25% to $2.74 billion in the quarter ended May 31, beating estimates of $2.70 billion.

Excluding items, Adobe earned $1.83 per share, above the average analyst estimate of $1.78.

(Reporting by Sayanti Chakraborty in Bengaluru; Editing by Maju Samuel)

Source: OANN

FILE PHOTO: The Google logo is pictured at the entrance to the Google offices in London
FILE PHOTO: The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay/File Photo

June 18, 2019

By Paresh Dave and Arjun Panchadar

(Reuters) – Alphabet Inc’s Google announced on Tuesday it would set aside $750 million in land and $250 million in financing to spur developers in the San Francisco Bay Area to build at least 20,000 homes and rehabilitate other housing over the next decade.

Google, which told Reuters it has 45,000 employees in the region, has been the target of local activists who for several years have said the company’s growth and high salaries have contributed to rising rents and housing shortages. They have called on Google and other Silicon Valley tech companies to invest in affordable housing and rethink expansions.

Google said housing had reached a “crisis point” in the Bay Area but declined to comment on whether its announcement in a blog post on Tuesday was a response to pressure from community activists, who plan to demonstrate Wednesday outside Alphabet’s annual shareholder meeting.

Activist group Silicon Valley Rising called Google’s announcement “a great step in the right direction.”

In January, Facebook Chief Executive Mark Zuckerberg’s philanthropy in partnership with other groups said they planned to raise $500 million to build or preserve more than 8,000 homes in the Bay Area over 10 years. And Microsoft Corp pledged $500 million toward addressing homelessness and developing affordable housing in the Seattle region.

Google told Reuters it would lease land valued at $750 million, and largely zoned for offices or shops, to construct mostly apartments and some for-sale homes for a total of at least 15,000 units.

It declined to elaborate on why the space is no longer needed for offices.

The $250 million would go toward equity and debt investments in projects preserving existing affordable housing or constructing at least 5,000 new affordable units for people of various income levels. Google said it would prioritize developments near transportation hubs by its offices.

Google has already proposed 5,700 new homes at one of its developments in Mountain View, California adding that it is also in discussions with the cities of Sunnyvale and San Jose.

(Reporting by Paresh Dave in San Francisco and Arjun Panchadar in Bengaluru; Editing by James Emmanuel and Lisa Shumaker)

Source: OANN

FILE PHOTO: South African athlete Caster Semenya speaks with journalists after she raced for the first time after her ban in France
FILE PHOTO: South African athlete Caster Semenya speaks with journalists after she raced for the first time after her ban due to elevated testosterone levels at a small meeting in Montreuil, near Paris, France, June 11, 2019. REUTERS/Philippe Wojazer – /File Photo

June 18, 2019

(Reuters) – Caster Semenya will get another chance at her favorite event, the 800 meters, when the South African competes in the June 30 Prefontaine Classic in California, her agent and meeting officials told Reuters on Tuesday.

The race will be the first at the distance for the double Olympic champion since the Swiss Federal Tribunal issued a stay of new IAAF regulations for XY chromosome athletes like Semenya with differences in sexual development (DSDs) who compete in events ranging from 400 meters to a mile.

“Caster’s representation requested that she be removed from the 3,000 meters (where she was originally entered) to the 800 meters and we are happy to comply,” meet director Tom Jordan said in a telephone interview.

“Indications are she will be going for a fast time,” said Jordan, who was busy lining up a competitive field for the race at Stanford University.

Semenya, unbeaten at the distance in 30 finals since 2015, has a personal best of 1:54.25, with the world record 1:53.28.

The Court of Arbitration for Sport (CAS) last month rejected her appeal against the rules, which mean middle distance female athletes with a high natural level of testosterone must take medication to reduce it.

Semenya has defiantly refused to take medication and appealed to the Swiss Federal Tribunal, which earlier this month said the South African will be able to run in the 800m without medication until her appeal is ruled on by the tribunal on June 25.

The ruling applied only to Semenya, the IAAF said.

“Nothing changes from our point of view,” an IAAF spokeswoman said on Tuesday when asked for comment on Semenya decision to run in the Diamond League race.

“The IAAF continues to comply with the Swiss Federal Tribunal’s order dated 31 May to suspend the DSD Regulations in as far as they apply to the appellant. It should be noted that the Diamond League meetings are not organized by the IAAF. Entry for any athlete into a Diamond League meeting is by invitation only from the meeting organizer.”

Semenya had wanted to run an 800 meters at Sunday’s Rabat Diamond League meeting. She at first was denied entry but officials later reversed their decision.

It came too late, Semenya said.

(Reporting by Gene Cherry in Raleigh, North Carolina, editing by Pritha Sarkar)

Source: OANN

FILE PHOTO: Single family homes being built by KB Homes are shown under construction in San Diego
FILE PHOTO: Single family homes being built by KB Homes are shown under construction in San Diego, California, U.S., April 17, 2017. REUTERS/Mike Blake/File Photo

June 18, 2019

By Lucia Mutikani

WASHINGTON (Reuters) – U.S. homebuilding fell in May, but groundbreaking activity in the prior two months was stronger than previously thought, pointing to some tentative signs of improvement in the struggling housing market.

Land and labor shortages are, however, making it difficult for builders, especially in the single-family housing segment, to fully take advantage of a sharp decline in mortgage rates. That has left the housing market continuing to grapple with tight inventory and sluggish sales growth.

The report from the Commerce Department on Tuesday came as Federal Reserve officials started a two-day policy meeting.

Low inflation, a slowing economy and an escalation in the trade war between Washington and Beijing have led financial markets to fully price in an interest rate cut this year, pulling down mortgage rates. The U.S. central bank is, however, not expected to cut rates on Wednesday.

“Housing continues to wander along, not doing much better but not weakening a whole lot,” said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania.

Housing starts dropped 0.9% to a seasonally adjusted annual rate of 1.269 million units last month amid a drop in the construction of single-family housing units, the government said. Data for April was revised up to show homebuilding rising to a pace of 1.281 million units, instead of increasing to a rate of 1.235 million units as previously reported. Housing starts in March were also stronger than initially estimated.

Economists polled by Reuters had forecast housing starts edging up to a pace of 1.239 million units in May.

Single-family homebuilding, which accounts for the largest share of the housing market, dropped 6.4% to a rate of 820,000 units in May. Single-family housing starts fell in the Northeast, the Midwest and West, but rose in the South, where the bulk of homebuilding occurs.

Some on the weakness in groundbreaking activity likely reflects heavy rain and flooding in some parts of the country.

The housing market hit a soft patch last year and has been a drag on economic growth for five straight quarters.

The PHLX housing index was trading higher, in line with a broadly firmer U.S. stock market. The dollar rose slightly against a basket of currencies, while U.S. Treasury yields fell.


Despite the recent signs of improvement in housing starts, there are concerns that renewed trade tensions between the United States and China could hurt future home building.

A survey on Monday showed confidence among homebuilders ebbed in June, with builders continuing “to report rising development and construction costs, with some additional concerns over trade issues.”

Builders said that despite lower mortgage rates, “home prices remain somewhat high relative to incomes, which is particularly challenging for entry-level buyers.”

The 30-year fixed mortgage rate has decreased to 3.82% from a peak of about 4.94% in November, according to data from mortgage finance agency Freddie Mac. According to the latest data, house prices rose 3.7% in March from a year ago, outpacing wages, which increased 3.1% in May.

Building permits rose 0.3% to a rate of 1.294 million units in May. It was the second straight monthly increase in permits. Building permits have been weak this year, with much of the decline concentrated in the single-family housing segment.

Permits to build single-family homes increased 3.7% to a rate of 815,000 units in May, after five straight monthly declines. Permits were boosted by a 7.7% jump in the South, the largest gain since December 2016. But single-family housing permits fell in the Northeast, West and Midwest.

“The gain in permits along with more favorable buying conditions points to gradually improving activity over the summer,” said Mark Vitner, a senior economist at Wells Fargo Securities in Charlotte, North Carolina. “That said, lower mortgages rates will not likely be rocket fuel for residential construction, and a surge in activity is unlikely.”

Starts for the volatile multi-family housing segment surged 10.9% to a rate of 449,000 units last month. Permits for the construction of multi-family homes dropped 5.0% to a pace of 479,000 units.

Housing completions fell 9.5% to 1.213 million last month. Realtors estimate that housing starts and completion rates need to be in a range of 1.5 million to 1.6 million units per month to plug the inventory gap. The stock of housing under construction was little changed at 1.131 million units.

“If you were waiting for more construction to deal with the nation’s growing housing shortage, you are going to have a longer wait,” said Chris Rupkey, chief economist at MUFG in New York.

(Reporting By Lucia Mutikani; Editing by Andrea Ricci)

Source: OANN

Immigration and Customs Enforcement (ICE) detainees arrive at FCI Victorville federal prison in Victorville
Immigration and Customs Enforcement (ICE) detainees arrive at FCI Victorville federal prison in Victorville, California, U.S. June 8, 2018. REUTERS/Patrick T. Fallon

June 18, 2019

WASHINGTON (Reuters) – President Donald Trump said on Monday that U.S. authorities would begin next week removing millions of immigrants who are in the United States illegally.

“Next week ICE will begin the process of removing the millions of illegal aliens who have illicitly found their way into the United States,” Trump tweeted, referring to the Immigration and Customs Enforcement agency. “They will be removed as fast as they come in,” he said. He did not offer specifics.

There are an estimated 12 million immigrants who are in the United States illegally, mainly from Mexico and Central America.

Under a deal reached earlier this month, Mexico has agreed to take Central American immigrants seeking asylum in the United States until their cases are heard in U.S. courts.

The agreement, which included Mexico pledging to deploy National Guard troops to stop Central American immigrants from reaching the U.S. border, averted a Trump threat to hit Mexican imports with tariffs.

Trump also said in the tweet that Guatemala “is getting ready to sign a Safe-Third Agreement.”

U.S. Vice President Mike Pence suggested last week that Guatemala could receive asylum seekers from its neighbors as a so-called safe third country.

Details of the plan have not been made public, and Guatemala has not publicly confirmed talks that the U.S. State Department said were taking place in Guatemala on Friday.

U.S. rights group Human Rights First said, however, it was “simply ludicrous” for the United States to assert that Guatemala was capable of protecting refugees, when its own citizens are fleeing violence.

Mexico has agreed that if its measures to stem the flow of migrants are unsuccessful, it will discuss signing a safe third country agreement with the United States.

(Reporting by Eric Beech; Editing by Mohammad Zargham and Peter Cooney)

Source: OANN

FILE PHOTO: A Volvo logo is pictured on the stand during the 87th International Motor Show at Palexpo in Geneva
FILE PHOTO: A Volvo logo is pictured on the stand during the 87th International Motor Show at Palexpo in Geneva, Switzerland, March 7, 2017. REUTERS/Denis Balibouse

June 18, 2019

STOCKHOLM (Reuters) – Sweden’s AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.

The agreement between Volvo and Nvidia is a long-term partnership spanning several years, and work will begin immediately with personnel from the two companies being co-located in Gothenburg, Sweden and Santa Clara, California.

Volvo said the partnership will focus on the development of a flexible, scalable autonomous driving system, which is planned to be used first in commercial pilot schemes before it is deployed in commercial vehicles from the Volvo Group, Volvo said.

“Utilizing Nvidia’s end-to-end artificial intelligence platform for training, simulation and in-vehicle computing, the resulting system is designed to safely handle fully autonomous driving on public roads and highways,” Volvo said in a statement.

Nvidia, which has previously announced technology partnerships with automakers including Volkswagen, Mercedez-Benz and Toyota, said it was thrilled to team up with Volvo.

“The latest breakthroughs in AI and robotics bring a new level of intelligence and automation to address the transportation challenges we face,” Nvidia CEO Jensen Huang said.

Nvidia’s so-called Drive Constellation chips often power the machine learning used to refine self-driving car software algorithms inside data centers, and the company has also been working to build its Drive chips into cars.

But automotive chips accounted for only $641 million of Nvidia’s $11.7 billion in revenue in its most recent fiscal year.

Tesla Inc was a major customer for Nvidia’s automotive chips, but last year, Chief Executive Elon Musk said the company was developing its own chip.

AB Volvo’s and Nvidia’s collaboration will be built on Nvidia’s full software package for sensor processing, perception, map localization and path planning.

(Reporting by Johannes Hellstrom; Editing by Keith Weir)

Source: OANN

2019 MTV Movie and TV Awards - Tiffany Haddish, Melissa McCarthy and Elisabeth Moss present - Santa Monica, California
2019 MTV Movie and TV Awards – Tiffany Haddish, Melissa McCarthy and Elisabeth Moss present – Santa Monica, California, U.S., June 15, 2019. Picture taken June 15, 2019. REUTERS/Mike Blake

June 18, 2019

By Jill Serjeant

LOS ANGELES (Reuters) – Superhero blockbuster “Avengers: Endgame” was the top winner at the MTV Movie and TV awards on Monday in a show marked by messages of empowerment and self-esteem.

The Marvel movie, the second biggest box office hit of all time, took wins for best movie, villain (Josh Brolin’s Thanos) and hero (Robert Downey Jr’s Iron Man.)

But U.S. Supreme Court Justice Ruth Bader Ginsburg, the diminutive, 86-year-old liberal judge, was voted best real-life hero, cementing her status as an unexpected pop culture icon, especially among women. She did not attend the MTV ceremony in the California beach city of Santa Monica.

The MTV Movie and TV awards usually focus on crowd-pleasers and is an irreverent antidote to the more serious winter Hollywood awards season. Winners get popcorn shaped trophies and are chosen by fans voting online.

But while medieval fantasy “Game of Thrones” was named best TV show on Monday, other awards went to darker fare.

“Surviving R. Kelly,” in which seven women spoke on camera about what they said was years of sexual and emotional abuse by the “I Believe I Can Fly” singer, won best documentary.

The Lifetime network documentary led to Kelly being dropped by his record company and to criminal charges in Chicago of aggravated sexual assault involving four women, three of them minors. Kelly has pleaded not guilty and is awaiting trial.

“Survivors walked through the fire and then stood again to tell this story,” Brie Miranda Bryant, an executive with Lifetime, said in an acceptance speech.

Elisabeth Moss, star of “The Handmaid’s Tale,” took the award for best performance in a TV show, a category that was entirely made up of women. The bleak drama series portrays a near future in which women are stripped of all their rights, including working and reading.

Brie Larson’s “Captain Marvel” triumphed in the best fight category, while MTV’s popular best kiss award went to newcomers Noah Centineo and Lana Condor from the Asian-led teen movie “To All the Boys I’ve Loved Before.”

“Love who you want to love, and don’t let anyone tell you otherwise,” Condor, 22, told the audience.

Actor, producer and wrestler Dwayne “The Rock” Johnson was given the Generation award for a career that encompasses more than 30 film and TV shows, including the “Fast and Furious” movie franchise.

Johnson told the audience that when he first came to Hollywood some 15 years ago, the entertainment industry didn’t know how to handle a 6-foot-4-inch, muscled, half black, half Samoan man, “so I decided I wasn’t going to conform to Hollywood, Hollywood was going to conform to me”.

Breakout singer Lizzo gave her first awards show performance with her hit single “Juice,” an anthem to self-esteem.

“Girls Trip” actress Jada Pinkett-Smith was given the annual Trailblazer award for a career that includes author, fashion designer, women’s rights activist and funder of youth programs.

(Reporting by Jill Serjeant; editing by Darren Schuettler)

Source: OANN

Freshman U.S. Rep. Katie Porter on Monday threw her support behind an impeachment investigation of President Donald Trump, adding another Democratic lawmaker to those clamoring for the move.

The congresswoman from Irvine, California, announced her decision in a video statement. About 60 other lawmakers support opening an inquiry, a far cry from a majority in the 435-seat House.

Porter said she believes Congress must investigate after special counsel Robert Mueller said he couldn’t exonerate Trump of obstruction of justice in a probe into Russian interference in the 2016 election and didn’t have the option to indict a sitting president.

“I cannot with a clean conscience ignore my duty to defend the Constitution. I can’t claim to be committed to rooting out corruption and putting people over politics and then not apply those same principles and standards in all of the work I do,” Porter said.

She called out the administration for ignoring subpoenas and directing officials to disregard summons to testify before Congress.

“The administration has refused to respect the rule of law,” Porter said. “The question is not whether a crisis is in our midst but rather whether we choose to fight against it.”

Porter, a consumer protection lawyer and law professor at the University of California, Irvine, was elected last year in one of several contested races that put all the traditionally Republican districts in Orange County under Democratic control amid Trump’s low approval ratings.

But Republicans still outnumber Democrats in her district covering a swath of eastern Orange County and hold a slight edge in the county as a whole. Porter already has a number of Republican challengers seeking her seat in 2020.

Fred Whitaker, chairman of the Orange County Republican Party, called Porter “too far left” for her district and “out of touch.”

“She doesn’t have the support of her district. She doesn’t even have the support of Speaker Pelosi,” Whitaker said.

“Most people think we should accept the Mueller report and move forward,” he said.

In Porter’s district, about 30.8 percent of registered voters are Democrats and 35.7 percent are Republicans, according to the county registrar.

In a May survey by the Public Policy Institute of California, about 38 percent of respondents in Orange and San Diego counties said they approved of the way Trump was handling his job as president.

At a town hall in Orange County earlier this month, Porter said she didn’t seek election to impeach Trump but she felt the refusal to comply with subpoenas was a turning point and wouldn’t refrain from doing so if the time came.

Source: NewsMax Politics

President Donald Trump on Monday said there was “something weird” happening at Fox News following a poll showing him trailing Democratic contenders Joe Biden, Bernie Sanders, Elizabeth Warren, Kamala Harris and Pete Buttigieg.

“Polls are always bad for me,” Trump tweeted. “They were against Crooked Hillary also. Something weird going on at Fox. Our polls show us leading in all 17 Swing States.”

The poll, released Sunday, surveyed 1,001 registered voters on Trump’s approval rating (45%) disapproval rating (53%) and who should be picked as the Democratic nominee (Biden with 32%).

Voters were also asked who they would pick if the 2020 presidential elections were held today, and answered:

  • Former Vice President Biden (49%) over Trump (39%)
  • Sen. Sanders of Vermont (49%) over Trump (40%)
  • Sen. Harris of California (42%) over Trump (40%)
  • Sen. Warren of Massachusetts (43%) over Trump (41%)
  • South Bend, Indiana, Mayor Buttigieg (41%) over Trump (40%)

Trump in his tweet also slammed Fox News host Bret Baier for suggesting he spent “30 hours with @abcnews.”

Source: NewsMax Politics

The fatal shooting of a black man by a police officer in the Indiana city where Pete Buttigieg is mayor presents both political peril for a presidential candidate who has struggled to connect with minority voters and an opportunity to show leadership on issues of race and policing that are critical — and personal — for much of the Democratic primary electorate.

Buttigieg on Monday canceled several days of campaign events after returning to South Bend, where he spent the day meeting with community members and faith leaders following the shooting of 54-year-old Eric Jack Logan.

Logan died after he was shot once in the abdomen from the front by a white officer who responded to a call about a suspicious person going through cars about 3:30 a.m. Sunday, St. Joseph County Prosecutor Ken Cotter said Monday.

Sgt. Ryan O’Neill spotted the man, later identified as Logan, leaning inside a car, Cotter said. When O’Neill confronted him, Logan allegedly approached the officer with a 6 to 8-inch long knife raised over his head. That’s when Cotter said the officer fired twice, with the other shot hitting a car door.

In a matter of months, Buttigieg has gone from a relatively obscure 37-year-old mayor to the top tier of a crowded Democratic presidential field. His handling of the shooting could test his ability to navigate the demands of the campaign trail while still performing his day job.

“I did consider it important to be here to have these conversations,” Buttigieg said in South Bend on Sunday after cutting short a presidential campaign trip. “I know that whenever an incident like this happens, there is tremendous hurt that can come about. That the city will be hurting.”

Asked by a reporter how the shooting might affect his presidential bid, Buttigieg declined to answer, saying, “Right now I’m here as mayor.”

The white mayor has had a sometimes-tense relationship with the black community dating back to his first term in office, when he fired the city’s first black police chief. He has also faced criticism for his handling of police misconduct cases, including a case involving an officer who was twice disciplined for civil rights violations but not fired, and for not having a police department that reflects South Bend’s diversity. Roughly 40% of the city’s residents are black or Hispanic; the department is almost 90% white.

Buttigieg said Sunday that he was sometimes hesitant to speak publicly after shootings involving police earlier in his time as mayor and that he heard from the black community that he needed to be more open and transparent.

“One of the reasons we’re communicating up front right now is because of lessons learned from members of the community,” he said.

Logan’s wife, Shafonia Logan, told reporters after meeting with the police chief Sunday night that she had many questions about what happened to her husband of 13 years. She said her husband called her early Sunday asking her to pick him up, as he was out with friends, but she was in bed, and he replied that he would walk to his mother’s house a few minutes away.

“I don’t know what happened or what they say — he was breaking into a car?” she said. “Was that justified for him to shoot and kill him about breaking in a car?”

Shafonia Logan said that she never knew her husband to carry a knife or a gun and that he was afraid of police officers. She also questioned why her husband was taken to a hospital in a police car rather than in an ambulance.

She said her husband had five children from other relationships.

Logan was released from prison in June 2018 after serving a sentence for a 2009 St. Joseph County conviction on three felony counts of dealing cocaine or narcotics, according to Indiana Department of Correction records. He had other convictions since 1988 on drug possession and handgun violation charges.

Cotter said no police video exists of the confrontation as the officer’s dash and body cameras weren’t automatically activated because he was driving slowly without his emergency lights on while looking through a parking lot.

DeRay McKesson, who began protesting the police killings of black men in 2014 in Ferguson, Missouri, and has advocated for reforms addressing policing and communities of color, also said there are many questions left to be answered. He said that Buttigieg made the right choice to leave the campaign trail.

“We will all be watching to see how Buttigieg deals with this latest case of a police officer killing a citizen,” McKesson said. “He is still the mayor of South Bend. In leaving the campaign trail to be the leader he was elected to be, we will get perhaps the best glimpse into how he makes decisions under public pressure.”

Buttigieg initially canceled Monday campaign events in New York then later canceled a Tuesday trip to California, where he had a series of fundraisers scheduled, including one at the home of director and producer Ryan Murphy and his husband.

The candidate has proved to be a fundraising juggernaut, raising more than $7 million in April alone, according to a person close to the campaign who spoke on condition of anonymity to discuss financial details.

Source: NewsMax Politics

FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California
FILE PHOTO: Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California, U.S., January 30, 2019. REUTERS/Mike Blake

June 17, 2019

By Jonathan Saul

LONDON (Reuters) – A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their decision making when providing shipping company loans, executives said on Tuesday.

International shipping accounts for 2.2% of global carbon dioxide (CO2) emissions and the U.N.’s International Maritime Organization (IMO), has a long-term goal to cut greenhouse gas emissions by 50% from 2008 levels by 2050.

Working with non-profit organisations the Global Maritime Forum, the Rocky Mountain Institute and London University’s UCL Energy Institute, 11 banks have established a framework to measure the carbon intensity of shipping finance portfolios.

The banks involved in the “Poseidon Principles” initiative, which will set a common baseline to assess whether lending portfolios are in line or behind the adopted climate goals set by the IMO, represent around a fifth or $100 billion of the total global shipping finance portfolio.

The results will be published annually in individual sustainability reports and the data will be obtained by banks from borrowers under existing loan agreements.

Although the IMO agreed stricter energy efficiency targets last month for certain types of ships, environmental campaigners are calling for tougher goals.

“We are helping the shipping industry emerge into the 21st century in a responsible way,” Michael Parker, global head of shipping at Citigroup, told Reuters.


Those involved so far are Citigroup, Societe Generale, DNB, ABN Amro, Amsterdam Trade Bank, Credit Agricole CIB, Danish Ship Finance, Danske Bank, DVB, ING and Nordea.

“Banks have a huge role to play here because there is about $450 billion of senior debt that the world’s shipping banks and Chinese lessors grant to the sector and about 70,000 commercial vessels,” Paul Taylor, global head of shipping & offshore with Societe Generale CIB, said.

Banks will in the longer term be more selective about which ships they include in their lending portfolios, bankers said.

“Will there be companies that will find it difficult to get finance as they have less efficient ships, yes, it will be a consequence of it – but it’s not going to be used to look for those companies and somehow find a way of getting them out,” Citigroup’s Parker said.

Oivind Haraldsen, Danske Bank’s global head of shipping, said more institutions would join the efforts to cut the carbon footprint of the sector.

“All of us have to push – we as banks probably have more power than we are aware,” he said.

(Editing by Alexander Smith)

Source: OANN

Shoppers ride escalators at the Beverly Center mall in Los Angeles
FILE PHOTO: Shoppers ride escalators at the Beverly Center mall in Los Angeles, California November 8, 2013. Picture taken November 8. REUTERS/David McNew

June 17, 2019

By Jason Lange, Chris Prentice and David Lawder

WASHINGTON/NEW YORK (Reuters) – This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese imports – because that will include tech products, game consoles, toys, cribs, ornaments and Santa hats.

The tariffs would add 25% to the import cost of these and many other consumer items just as retail outlets throughout the world’s largest economy begin to gear up for the peak end-of-year shopping season.

Consumers have been largely shielded until now from the direct impact of the trade war between China and the United States as the administration of President Donald Trump has focused previous rounds of tariffs on imports sold to manufacturers rather consumers.

But Trump is escalating the trade war and preparing to extend tariffs to nearly all Chinese imports after talks for a deal broke down in May. The U.S. government is pushing for wide-ranging economic and trade reforms from Beijing.

Trump said he would decide whether to trigger the next round of tariffs after talks with Chinese President Xi Jinping at the G20 summit in Japan later this month.

In preparation for the new round, the U.S. Trade Representative’s Office (USTR) on Monday began seven days of hearings for testimony from retailers, manufacturers and others impacted. Thousands of business filed comments to the USTR ahead of the hearings.

Toys, phones and televisions are all on the tariff list and represent some of the most valuable categories of products that Americans buy from China, according to a Reuters analysis of data from the U.S. Census Bureau.

The new tariffs would hit cellphones whose import bill from China totaled $43 billion in 2018 – more than 80% of total cellphone imports.

They would also cover a broad set of toys, including scooters and doll carriages, whose imports totaled $11.9 billion last year. China supplied about 85% of America’s total imports of those toys.

Further pain for parents could come in the form of proposed levies on more than $5 billion worth of video game consoles. Chinese imports amounted to 98% of total U.S. imports of those consoles last year.

And U.S. imports from China of targeted Christmas products – including ornaments, nativity scenes and Christmas tree lights – totaled at least $2.3 billion last year.

An executive from a family-owned, Christmas goods supplier in upstate New York said the company has looked “long and far” to find another supplier for many typical holiday products.

“However, trying to find other countries to manufacture everything else, from Santa hats, to stockings, to glass ornaments, has been a struggle and we have been unable to do so,” Nathan Gordon of Gordon Companies Inc in Cheektowaga said in public comments posted on June 12.


Some products previously spared by the Trump administration to avoid hitting consumers’ pockets are now on the list. That includes an array of safety and play equipment for children – including high chairs, play pens, and swings.

The proposed tariffs would hit at least $800 million of these goods.

Smart watches, smart speakers and Bluetooth audio are also included. The Consumer Technology Association estimates that 2018 imports in this category from China were up to $17.9 billion.

Retailers Walmart Inc, Target Corp, and more than 600 other companies urged Trump in a letter last week to resolve the trade dispute with China, saying tariffs hurt American businesses and consumers.

Worry over potential cost increases for Americans from tariffs has raised concern about inflation, though across the economy, prices rises remain below the U.S. Federal Reserve target of 2%.

Trump has said that China pays the tariffs, but U.S. importers actually foot the bill and either pass them on to consumers or suppliers.

(Reporting by Jason Lange and David Lawder in Washington and Chris Prentice in New York; Editing by Simon Webb and Rosalba O’Brien)

Source: OANN

FILE PHOTO: Lyft President John Zimmer and CEO Logan Green applaud as Lyft lists on the Nasdaq at an IPO event in Los Angeles
FILE PHOTO: Lyft President John Zimmer and CEO Logan Green applaud as Lyft lists on the Nasdaq at an IPO event in Los Angeles, California, U.S., March 29, 2019. REUTERS/Mike Blake

June 17, 2019

By Suzanne Barlyn

(Reuters) – Companies going public in the United States face insurance costs that have increased as much as 200% in the last three years to cover their executives against lawsuits alleging they misled investors.

A rise in securities class-action cases involving initial public offerings is spurring IPO insurers to double and triple prices for directors and officers coverage, or “D&O” coverage, insurers and brokers told Reuters.

A $5 million policy that cost $200,000 in 2016 can now easily cost $500,000 to $600,000, said Paul Schiavone, head of North American Financial Lines for Allianz Global Corporate & Specialty, an Allianz SE unit.

“You want to be part of the market, but there are also lots of risks in IPOs,” said Schiavone. “If things don’t go well in a year, you have the investors saying, ‘I want my money back.’”

The tightening insurance market follows a 2018 U.S. Supreme Court decision that allows some securities lawsuits to proceed in state court in addition to federal court.

“Since then, the market has gotten absolutely more challenging,” said Jennifer Sharkey, President of the Northeast Management Liability Practice for insurance broker Arthur J. Gallagher & Co.

Investors who used to wait months to see how a new stock would perform now waste little time to see if promises made in offering documents come to fruition – and are swift to accuse the executives of misleading investors if they do not.

“You have a lot more aggressive lawyers and investors out there who are looking where the cash is,” said Jeff Lubitz, who heads Securities Class Action Services for Institutional Shareholder Services. “And now, it looks like they will have multiple choices on how to jump on this.”

The changes come amid a spate of mega-IPOs, including recent offerings by ride-sharing rivals Uber Technologies Inc and Lyft Inc. There were 205 IPOs in 2018, up 14% from 2017, according to accounting and consulting firm EY.

Many larger companies have ample funds to pay the premiums, but smaller companies that need the insurance in order to attract reputable board members may feel the strain, insurance brokers said.

There have been 25 lawsuits related to IPOs so far this year, against 19 companies. Six companies that launched IPOs face suits in both state and federal court, including Lyft, BrightView Holdings Inc, and US Xpress Enterprises.

Shareholders slapped Lyft with a lawsuit about three weeks after its stock began trading on March 28 and quickly tanked more than 20%. The suit alleges that Lyft misled investors by overstating its market share. A Lyft spokeswoman declined to comment.

As the pace quickens and litigation picks up in two court systems, insurers are on the line to pay tens of millions of dollars in defense costs and substantial settlements.

IPO-related settlements have totaled $929 million since 2017, including a $250 million settlement by Alibaba Group Holding Ltd in April, after an earlier $75 million state court settlement. Last year, LendingClub Corp settled a suit for $125 million, according to ISS.

About 25 insurers sell D&O coverage to companies going public, including American International Group Inc, Chubb Ltd, AXA XL, Beazley PLC, and Allianz SE. The insurers, collectively, can offer about $150 million coverage, according to broker Aon Plc.

Insurers are chopping coverage limits and requiring IPO clients to pick up more costs before a policy kicks in. And they are requiring companies to pay a percentage of the eventual loss, said Rachel Turk, D&O team leader for Beazley.

(Reporting by Suzanne Barlyn in New York, Editing by Neal Templin and Rosalba O’Brien)

Source: OANN

Toronto fans watch a man climb down a poll as they fill the streets in front of the city hall, during the Toronto Raptors NBA Championship celebration parade at Nathan Phillips Square in Toronto
Toronto fans watch a man climb down a poll as they fill the streets in front of the city hall, during the Toronto Raptors NBA Championship celebration parade at Nathan Phillips Square in Toronto, Ontario, Canada, June 17, 2019. REUTERS/Hyungwon Kang

June 17, 2019

By Tyler Choi

TORONTO (Reuters) – Around two million Toronto Raptors fans lined the streets of downtown Toronto to cheer on their hometown heroes in a victory parade on Monday to celebrate their first NBA championship that united Canada through basketball.

A bus carrying the Raptors was expected arrive at Nathan Phillips Square, which leads to Toronto’s city hall. Prime Minister Justin Trudeau is also expected to arrive at the square, according to a statement from the Prime Minister’s office.

Canadians from coast to coast and all the way up to the Arctic have been celebrating since the Toronto Raptors captured their first National Basketball Association championship in a country that is traditionally known as the home of ice hockey.

The Raptors clinched the best-of-seven series in Oakland, California last Thursday in six games by beating the defending champion Golden State Warriors 114-110, sealing a nationwide love affair with basketball.

The Raptors victory is the first major professional sports championship for a Canada-based team since Major League Baseball’s Toronto Blue Jays won the World Series in 1993. Toronto has been waiting for its beloved Maple Leafs to win the NHL championship since its last Stanley Cup victory in 1967.

“It’s the culmination of playing for 24 years. We’ve been waiting a long time for this,” said Raptors fan Chris Rogers.

Rogers, 34, who has rooted for the Raptors since they entered the league 1995, was dressed in a jersey of Raptors guard Kyle Lowry. He had been waiting since morning to watch the parade.

Rogers said his workplace was fully in support of him being out of the office as they believed the parade was “important.”

Monday’s victory parade started from the Exhibition Center, where the Canadian National Exhibition is held, and was to culminate at the Nathan Phillips Square.

Approximately two million fans stood by to celebrated and catch a glimpse of the winners according to Maple Leaf Sports and Entertainment, which owns the Raptors.

Streets were closed off to accommodate the convoy carrying the Raptors, and three subway stations were also closed due to overcrowding on the street level. Enthusiastic fans festooned the streets of Toronto in Raptors colors – red, purple, black and white.

A few fans climbed atop of bus stops and the arches of Nathan Phillips Square, but were asked by police to come down.

The Snowbirds, an aerobatic flight demonstration team of the Royal Canadian Air Forces, is expected to soar over the skies of Toronto to join the festivities.

Toronto mayor John Tory proclaimed June 17, 2019, as “We The North” day to mark the occasion, borrowing the slogan used by the Raptors.

“This championship is the culmination of years of patience, support, devotion and belief. Toronto has proven that it is a basketball city and that the game thrives in The North,” Tory said in a statement.

(Reporting by Tyler Choi; Editing by Denny Thomas and Bill Berkrot)

Source: OANN

Actress Vanderbilt speaks at a panel for the HBO documentary
Actress Gloria Vanderbilt speaks at a panel for the HBO documentary “Nothing Left Unsaid” during the Television Critics Association Cable Winter Press Tour in Pasadena, California, January 7, 2016. REUTERS/Mario Anzuoni

June 17, 2019

(Reuters) – CNN anchor Anderson Cooper remembered his mother, designer and society grand dame Gloria Vanderbilt, as a woman who endured a string of heartbreaks but still remained deeply in love with love.

“I always felt it was my job to protect her. She was the strongest person I ever met but she wasn’t tough,” Cooper said in a seven-minute video obituary on CNN.

“I always thought of her as visitor from another world, a traveler stranded here who had come from a distant star that had burned out long ago.”

Vanderbilt, who died on Monday at age 95, had been famous her entire life, starting with a legal battle in which her aunt took custody from her mother when “Little Gloria” was a child. She would go on to endure four marriages, three divorces, the death of a husband and the suicide of a son.

Cooper’s obituary featured clips of young Gloria and told how she grew up in France, unaware that she was heir to the Vanderbilt railroad fortune. Portions also were taken from an HBO documentary “Nothing Left Unsaid: Gloria Vanderbilt & Anderson Cooper.”

When Cooper questioned why she first married a 32-year-old Hollywood figure, Vanderbilt told him, “Sweetheart, I was only 17.”

His mother “trusted too freely, too completely” but always pressed on, Cooper said, and always believed that the next true love was just around the corner.

“She was always in love – in love with men or with friends or books and art, in love with her children and her grandchildren and then her great-greatchildren,” Cooper said. “Love is what she believed in more than anything.”

Cooper said his mother learned earlier this month that she had advanced and spreading stomach cancer. Her response was to cite a 1950 hit song by Peggy Lee with the lyrics “show me the way to get out of this world because that’s where everything is.”

The CNN report included a video Cooper shot in a hospital after the diagnosis as he and his mother broke into laughing fits over a joke. Cooper said that was when he realized they had the same giggle. He said he still giggles every time he watches that video.

(Writing by Bill Trott; Editing by Susan Thomas)

Source: OANN

Actress Vanderbilt speaks at a panel for the HBO documentary
Actress Gloria Vanderbilt speaks at a panel for the HBO documentary “Nothing Left Unsaid” during the Television Critics Association Cable Winter Press Tour in Pasadena, California, January 7, 2016. REUTERS/Mario Anzuoni

June 17, 2019

(Reuters) – CNN anchor Anderson Cooper remembered his mother, designer and society grand dame Gloria Vanderbilt, as a woman who endured a string of heartbreaks but still remained deeply in love with love.

“I always felt it was my job to protect her. She was the strongest person I ever met but she wasn’t tough,” Cooper said in a seven-minute video obituary on CNN.

“I always thought of her as visitor from another world, a traveler stranded here who had come from a distant star that had burned out long ago.”

Vanderbilt, who died on Monday at age 95, had been famous her entire life, starting with a legal battle in which her aunt took custody from her mother when “Little Gloria” was a child. She would go on to endure four marriages, three divorces, the death of a husband and the suicide of a son.

Cooper’s obituary featured clips of young Gloria and told how she grew up in France, unaware that she was heir to the Vanderbilt railroad fortune. Portions also were taken from an HBO documentary “Nothing Left Unsaid: Gloria Vanderbilt & Anderson Cooper.”

When Cooper questioned why she first married a 32-year-old Hollywood figure, Vanderbilt told him, “Sweetheart, I was only 17.”

His mother “trusted too freely, too completely” but always pressed on, Cooper said, and always believed that the next true love was just around the corner.

“She was always in love – in love with men or with friends or books and art, in love with her children and her grandchildren and then her great-greatchildren,” Cooper said. “Love is what she believed in more than anything.”

Cooper said his mother learned earlier this month that she had advanced and spreading stomach cancer. Her response was to cite a 1950 hit song by Peggy Lee with the lyrics “show me the way to get out of this world because that’s where everything is.”

The CNN report included a video Cooper shot in a hospital after the diagnosis as he and his mother broke into laughing fits over a joke. Cooper said that was when he realized they had the same giggle. He said he still giggles every time he watches that video.

(Writing by Bill Trott; Editing by Susan Thomas)

Source: OANN

FILE PHOTO: Workers pour cement at a construction site for an office town in downtown San Diego
FILE PHOTO: Workers pour cement at a construction site for an office town in downtown San Diego, California, U.S., April 23, 2019. REUTERS/Mike Blake/File Photo

June 17, 2019

(Reuters) – Citi Research’s barometer on U.S. economic data surprises decreased on Monday to its most negative level since late April after disappointing data on homebuilder sentiment and New York state business activity.

The Citi gauge, which measures whether U.S. economic data come in weaker or stronger than analysts forecast, is monitored by traders for the U.S. growth trajectory. It slipped to minus 63.2 from minus 55.4.

(Reporting by Richard Leong; Editing by Jeffrey Benkoe)

Source: OANN

The German share price index DAX graph at the stock exchange in Frankfurt
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 4, 2019. REUTERS/Staff

June 17, 2019

By Susan Mathew and Medha Singh

(Reuters) – European stock markets closed marginally lower on Monday with a profit warning from Germany’s Lufthansa hitting airline stocks, while markets globally awaited clues from the U.S. Federal Reserve on its policy direction.

The pan-European STOXX 600 index finished 0.1% lower. France’s CAC 40 was led higher by luxury stocks, while IT company Indra Sistemas’ 7.1% slip took Spain’s IBEX 35 0.7% lower.

At the U.S. Federal Reserve policy meeting starting Tuesday, investors on balance think an interest rate cut is unlikely while many back a shift toward one in July.

A swing in money market pricing toward up-to-three rate cuts by the Fed this year have been at the heart of a recovery for stock markets this month after their worst falls in months in May. [MKTS/GLOB]

“The market seemed to be in a kind of cautious mode because of the Fed meeting. A lot has been priced in,” said Craig Erlam, senior market analyst at Oanda.

“There is a much higher chance that the Fed intentionally or unintentionally pours cold water over the expectations,” he said.

The European travel and leisure sector underperformed other major European sectors as Lufthansa plunged 11.6% and kept Germany’s DAX pressured.

The group lowered its profit outlook for the full year 2019, citing price competition from low cost rivals in Europe.

“Lufthansa signaling a weak outlook is hitting all these bigger carriers and that’s definitely one negative element this morning,” said Chris Beauchamp, chief market analyst at IG.

International Consolidated Airlines (IAG) fell 2.2%, while budget airlines EasyJet and Ryanair Holdings slipped more than 4% each.

Spain’s Indra Sistemas fell after a media report said is to buy up to 75% of ITP Aero from Rolls Royce for about 1 billion euros ($1.12 billion).

Contributing to CAC 40’s gains, French luxury stocks Kering and LVMH rose more than 1%. Peer Chanel reported higher annual sales and profits on Monday.

Banks had a mixed day.

HSBC rose 0.9% and was among the biggest boosts to STOXX 600 after it announced plans to expand its branch network by around a quarter as it opened a new location in Apple Inc’s home town of Cupertino, California.

Deutsche Bank, which has been cutting back and reorganizing for months, gained 1.4% after the Financial Times reported that the German lender is planning to create a “bad bank” that would house or sell assets valued at up to 50 billion euros.

Meanwhile, Nordea Bank, the Nordic region’s biggest lender, slipped 1.7%. Its Danish headquarters was searched on June 12 by Denmark’s state prosecutor in relation to an ongoing money-laundering investigation into the bank, a Nordea spokesman told Reuters.

(Reporting by Amy Caren Daniel, Medha Singh and Susan Mathew in Bengaluru; editing by Patrick Graham and Toby Chopra)

Source: OANN

NBA: Finals-Toronto Raptors at Golden State Warriors
FILE PHOTO: Jun 13, 2019; Oakland, CA, USA; (Editors Notes: Caption Correction) Toronto Raptors forward Kawhi Leonard (2) lifts up the Larry O’Brien Championship Trophy after defeating Golden State Warriors for the NBA Championship in game six of the 2019 NBA Finals at Oracle Arena. Mandatory Credit:Kelvin Kuo-USA TODAY Sports

June 17, 2019

Two weeks from now, the Toronto Raptors’ roster might look as different as Danny Green’s combed-out mohawk with looming decisions from Kawhi Leonard, Marc Gasol and Green that brought an air of uncertainty to Monday’s street party in Ontario.

As the Raptors gathered with mobs of fans Monday to celebrate their NBA championship, the next chapter for the Raptors will be on hold as a series of decisions that shape the future of the franchise are made.

Leonard will opt out of the final year of his contract to become a free agent. The Raptors expected this bit of paperwork even before Leonard was acquired from the San Antonio Spurs last summer. What they won’t know until at least June 30 is whether Leonard ever will wear a Toronto uniform again.

The Los Angeles Lakers, Los Angeles Clippers, New York Knicks, Brooklyn Nets, Chicago Bulls and others are known to have serious interest in signing Leonard. Of course, the Raptors hope he will choose to stay put after carrying the franchise to its first title.

“I don’t think there’s any other player of his caliber right now in the NBA,” Gasol said. “He’s on a pedestal by himself.”

Gasol also has a player option he could decline. If Leonard leaves, the exodus behind him could be devastating.

“Let’s not be foolish,” said Green, whose tightly wound mohawk was unfurled for Monday’s festivities with the top of the hairline about seven feet off the ground. “His decision affects a lot of guys’ decisions. He can change a whole organization.”

Leonard’s words following the Finals-clinching win at Golden State are being analyzed, parsed and recycled in Toronto, where fans are hopeful he’ll be back.

In an interview last week that took place after the Raptors celebrated with beer and champagne in the locker room, Leonard said the victory was something “the Raptors can build on.”

Some took the separation of Leonard from the Raptors as a sign he’s as good as gone, likely to his home state of California and the Clippers.

Raptors head coach Nick Nurse said everyone is guessing at this point, and he’s not even sure Leonard knows where he’ll play in 2019-20.

“I don’t really know,” Nurse said. “I know he’s got to make a decision here really soon, couple of weeks. I think he had a good season and people like him here, and we can give him a good deal.”

–Field Level Media

Source: OANN

FILE PHOTO - Actress Vanderbilt speaks at a panel for the HBO documentary
FILE PHOTO – Actress Gloria Vanderbilt speaks at a panel for the HBO documentary “Nothing Left Unsaid” during the Television Critics Association Cable Winter Press Tour in Pasadena, California, January 7, 2016. REUTERS/Mario Anzuoni

June 17, 2019

By Bill Trott

(Reuters) – Gloria Vanderbilt, the “poor little rich girl” who lived a life at the highest levels of fashion, society and wealth as an heir to one of the greatest family fortunes in U.S. history, died on Monday at the age of 95, her son CNN correspondent Anderson Cooper said.

Vanderbilt became a fashion icon in the 1970s with an eponymous line of tight-fitting blue jeans that bore her signature and trademark swan logo. They were a must-have for any woman with aspirations to style.

Vanderbilt wrote that as a girl she had considered becoming a nun, which would have been an incredible loss to the chroniclers of high society, celebrity and tumult. Instead of a nunnery, she went on to a life that could have provided storylines for dozens of soap operas, romance novels, Broadway musicals and tear-jerker movies.

Vanderbilt was born into wealth on Feb. 20, 1924, in New York City. She was the great-great-granddaughter of Cornelius Vanderbilt, the 19th century railroad and shipping magnate who amassed one of the greatest fortunes of the time.

She was not yet 2 years old when her father, Reginald Claypoole Vanderbilt, died and she spent many of the following years living in Europe with her mother, Gloria Morgan Vanderbilt, on her trust fund, which was estimated at $2.5 million – the equivalent of at least $33 million today.

Gloria’s aunt, Gertrude Vanderbilt Whitney, who founded the Whitney Museum of American Art, said Gloria’s mother was misusing the trust fund on a free-wheeling lifestyle that included a female lover, and went to court. Whitney won custody of the child in an acrimonious, sensationalized case that eventually reached the U.S. Supreme Court.

The custody battle featured high-society character witnesses for both sides and testimony so sensitive that courtroom spectators were barred at times. The public closely followed the fate of “Little Gloria,” who was protected at the time by 12 bodyguards.

Whitney eventually won custody of Gloria with one judge reproaching the girl’s mother for living a lifestyle that was “calculated to destroy her health and neglectful of her moral, spiritual and mental education.”

Vanderbilt said being taken from her mother started her on a lifelong quest for love and approval. This led her to marry a 32-year-old Hollywood agent, Pat DiCicco, when she was only 17. They divorced in 1945, when at the age of 21, Vanderbilt married conductor Leopold Stokowski, who was 63.

The couple had two sons and by the time they separated in 1955, Vanderbilt was being seen around New York with singer Frank Sinatra. After another divorce, Vanderbilt found herself in another custody fight – this time with Stokowski claiming that she was an unfit mother who spent too much time in psychotherapy.

From 1956 to 1963 Vanderbilt was married to Sidney Lumet, director of the acclaimed films “12 Angry Men,” “Dog Day Afternoon,” “Serpico” and “Network.”

She was married to her fourth husband, writer Wyatt Cooper, until his death during heart surgery in 1978. They had two sons, Anderson and Carter.

In 1988, in the greatest tragedy of Vanderbilt’s life, Carter, aged 23, killed himself by jumping from the family’s 14th-floor apartment in New York, in spite of his mother’s attempts to stop him.

She later wrote a memoir, “A Mother’s Story,” in which she reflected on her own painful upbringing and blamed Carter’s suicide on psychosis brought on by an anti-asthma drug.

Vanderbilt called her son’s death “the final loss, the fatal loss that stripped me bare,” and said she did not think she could survive it.

In a 2012 television interview with her son Anderson, she said she thought about the tragedy every day and that she had considered jumping after her son.

“There was a moment when I thought I was going to jump after him but then I thought of you… and it stopped me from doing that,” she told Anderson.

Vanderbilt dabbled in acting, painting, poetry and modeling before the Hallmark greeting card company bought some of her artwork for a line of paper goods in the early 1970s. Her work also graced a collection of scarves before she started the line of jeans and expanded to perfume, shoes, leather goods and accessories. In 1978 she sold her Gloria Vanderbilt brand and started another fashion company.

Vanderbilt won a $1.5 million judgment in 1993 against her lawyer and psychiatrist, claiming they had stolen from her. Because the lawyer had not paid her taxes for several years, she owed the Internal Revenue Service so much money she had to sell a summer home in Southampton and a New York City home.

Sex, Vanderbilt said, was a subject she found endlessly fascinating. One of her memoirs told of her romances with Hollywood figures such as Sinatra, Marlon Brando, Gene Kelly and Howard Hughes (she was a teenager at the time), as well as various married men. In 2009 at age 85 she published an explicit erotic novel, “Obsession.”

Vanderbilt also challenged racial standards of the times by dating black photographer-filmmaker Gordon Parks in the 1950s.

“I embrace it all – the pain and the pleasure, the drama and the disappointments,” Vanderbilt wrote in summing up her life in the romantic memoir, “It Seemed Important at the Time.”

(Reporting by Bill Trott, editing by David Brunnstrom and Scott Malone)

Source: OANN

FILE PHOTO: NVIDIA logo shown at SIGGRAPH 2017
FILE PHOTO: A NVIDIA logo is shown at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017. REUTERS/Mike Blake

June 17, 2019

By Stephen Nellis

(Reuters) – Nvidia Corp on Monday said it will make its chips work with processors from Arm Holdings Inc to build supercomputers, deepening Nvidia’s push into systems that are used for modeling both climate change predictions and nuclear weapons.

Nvidia was long known as a supplier of graphics chips for personal computers to make video games look more realistic, but researchers now also use its chips inside data centers to speed up artificial intelligence computing work such as training computers to recognize images.

To do so, Nvidia’s so-called accelerator chips work alongside central processors from companies such as Intel Corp and International Business Machines Corp.

At a supercomputing conference held in Germany on Monday, Nvidia said its accelerator chips will work with Arm processors by the end of the year.

Arm, owned by Japan’s SoftBank Group Corp, provides the underlying processor technology for the chips in most mobile phones. But companies such as Ampere Computing, headed by Intel’s former president, have been working to take those chips into data centers, where Intel’s chips are dominant.

But Arm processors are different from Intel or IBM chips in that Arm itself does not make chips. Instead it licenses out the underlying technology so others can make chips with it.

Ian Buck, vice president of Nvidia’s accelerated computing unit, said the project to build a supercomputer with Arm will be a “heavy lift” from a technical perspective.

But he said Nvidia undertook it because researchers in Europe and Japan want to develop super computing chips with Arm’s technology, essentially giving them a third option beyond IBM and Intel over which they can have more control.

“That openness … makes it very attractive,” Buck said of Arm’s technology during an interview with Reuters before the conference. “What makes Arm interesting, and why we’re announcing support is, is its ability to provide an open architecture for supercomputing.”

The move to work with Arm on supercomputers follows Nvidia’s $6.8 billion deal to buy Israeli firm Mellanox Technologies. Mellanox makes high-speed networking chips that help stitch together many smaller computers into a larger one and is found in some of the world’s most powerful supercomputers.

(Reporting by Stephen Nellis in San Francisco; Editing by Himani Sarkar)

Source: OANN

Joe Biden leads in the early Democratic nomination race for 2020, helped by a sense that the former vice president is best placed to beat President Donald Trump, a new “CBS Battleground Tracker” poll shows.

Elizabeth Warren, Kamala Harris, Bernie Sanders, and Pete Buttigieg are among the candidates that likely Democratic voters are at least considering in 18 states that will shape the initial 2020 fight, the poll shows.

The CBS News/YouGov poll shows Biden had support of 31% of Democratic primary voters with three U.S. senators next: Warren of Massachusetts at 17%, Sanders of Vermont at 16%, and Harris of California at 10%. It was one of a number of recent national or state polls that showed Warren, a former Harvard law professor, in second place.

Biden’s top-preference numbers would translate today into an estimated delegate standing of 731 delegates to Warren’s 355 and Sanders’ 317, CBS said.

Democrats were split on whether the party’s message should emphasize returning the country to how it was before Trump, or pursue a more progressive agenda than they had under President Barack Obama. Among voters who want a more progressive direction, Biden is in much tighter competition with Warren and Sanders.

Looking ahead to the general election, Democrats think swing voters — in the abstract — might be more favorable toward a white, male, moderate candidate, the poll showed.

The survey of 16,624 registered voters in 18 states was conducted May 31 through June 12. The margin of error was plus or minus 1.5%.

Source: NewsMax Politics

After GOP Florida Gov. Ron DeSantis banned sanctuary cities in his state, President Donald Trump called out the “courage” of other states following suit, because Americans “are demanding that sanctuary cities be gone.”

The comments came via Twitter early Sunday morning:

“Florida Governor Ron DeSantis just signed Bill banning Sanctuary Cities in State, & forcing all law enforcement agencies to cooperate with Federal Immigration authorities. Bill prohibits local Gov’t from enacting Sanctuary policies that protect undocumented immigrants…@FoxNews”

He continued:

“….More and more states want to do this but their governors and leaders don’t have the courage to do so. The politics will soon mandate, however, because people from California, & all over the land, are demanding that Sanctuary Cities be GONE. No illegals, Drugs or Trafficking!”

The bill DeSantis signed Friday prohibits localities from protecting undocumented immigrants from deportation, requiring local law enforcement to work with federal immigration officials.

The law is likely to be challenged in court over its constitutionality, according to The Hill.

“The legislation inhumanely separates families, tearing apart parents and their children, while doing nothing to address legitimate public safety concerns,” Southern Poverty Law Center Action Fund’s Scott McCoy wrote in a statement, per The Hill. “This can have traumatic long-term effects on our youth and our communities.”

Source: NewsMax Politics

After receding from the national stage, the free college movement is resurfacing as a central rallying point for Democrats as they set their sights on the White House.

At least 18 of the party’s 23 presidential contenders have come out in support of some version of free college . Sen. Elizabeth Warren of Massachusetts promises free tuition at public colleges and universities. Sen. Amy Klobuchar of Minnesota says it should be limited to two years of community college. Sen. Kirsten Gillibrand of New York wants to provide free tuition in exchange for public service.

The candidates are responding to what some say is a crisis in college affordability, an issue likely to draw attention in the first primary debates later this month. Year after year, colleges say they have to raise tuition to offset state funding cuts. Students have shouldered the cost by taking out loans, pushing the country’s student debt to nearly $1.6 trillion this year. Even for many in the middle class, experts say, college is increasingly moving out of reach.

Free college, a catchall term for a range of affordability plans, is increasingly seen as a solution. Nearly 20 states now promise some version of free college, from Tennessee’s free community college program to New York’s Excelsior Scholarship, which offers up to four years of free tuition at state schools for residents with family incomes below $125,000 a year.

But research on the effectiveness of state programs has been mixed. Critics say the offers are often undermined by limited funding and come with narrow eligibility rules that exclude many students.

“This is a problem that has not gone away but has gotten worse in many communities,” said Mark Huelsman, associate director of policy and research for Demos, a liberal think tank. “It’s enough of a problem that people expect some action on it, and they expect some plan for how to get there.”

Plans from Warren, Vermont Sen. Bernie Sanders and former Obama housing chief Julian Castro aim to eliminate tuition at all public institutions. The candidates say that would open college to a wider group of Americans and greatly reduce the need for loans. Warren argues that college, like other levels of schooling, is “a basic public good that should be available to everyone with free tuition and zero debt at graduation.”

Others, including Klobuchar and former Vice President Joe Biden, have backed more moderate plans to provide two years of free tuition at community colleges, similar to an idea pushed by President Barack Obama in 2015.

And there are some who say students should be able to graduate without debt. To do that, several candidates want to help students with tuition as well as textbooks and living costs. Such “debt-free” plans, which aim to steer money toward students with lower incomes, are supported Sen. Kamala Harris of California and Pete Buttigieg, the mayor of South Bend, Indiana, among others.

Proposals for free college nationwide started to gain popularity among Democrats during the Obama administration and in the 2016 primary race. That discussion stalled after the election of President Donald Trump, who is seen as hostile to the idea. His administration blames colleges for the debt crisis, saying they ramp up tuition because they know students have easy access to federal loans.

Before Trump was elected, Sanders was credited with bringing the issue to the fore when he campaigned on a promise to make tuition free at public colleges. Hillary Clinton, the party’s 2016 nominee, initially criticized the idea but later adopted a similar plan. Now, early in the 2020 race, Democrats have been quick to show their support. Instead of debating whether it should be free, most are weighing which model is best and how to achieve it.

“It’s striking how much the debate has shifted over the past decade,” Huelsman said. “If you look at the 2008 election, 2012, it was not something that was necessarily a prominent part of the debate.”

For most candidates, free college is just part of the solution as they confront student debt and college access. Several also promise to help borrowers refinance loans at lower interest rates; some want to wipe away huge chunks of the nation’s student debt.

Those types of proposals are likely to be popular among the growing share of voters paying off student loans, said Douglas Harris, an economics professor at Tulane University who has studied the effectiveness of free college.

“Something like 1 in 5 voters has college debt, which is a huge percentage,” he said. “And when you have a huge number of people affected by something, then that certainly gets people’s attention.”

One of the major sticking points over free college is the price. Warren’s total education plan is estimated to cost $1.25 trillion over a decade. Sanders’ free college plan would cost $47 billion a year. Both call on the federal government to split the cost with states while also raising taxes on Wall Street or the wealthiest Americans.

Some Democrats, though, say that kind of spending is untenable. Klobuchar has rejected the idea of free college for everyone, saying the country can’t afford it. Instead she backs two years of free community college as a way to help prepare workers and fill shortages in the job market.

“When I look at the jobs that are available right now out there, we have a lot of job openings in areas that could use a one-year degree, a two-year degree, and we’re just not filling those jobs,” Klobuchar said at a March town hall in Iowa. She added that students can attend community college and then “later go on to complete their four-year degree.”

Former Texas Rep. Beto O’Rourke supports free community college for all Americans, along with debt-free college at four-year institutions for students with low and modest incomes. Former Colorado Gov. John Hickenlooper says he would make community college free “for those who can’t afford it.”

Many free college supporters see promise in a federal plan that could bring more funding and share the cost with states. But in Congress, that kind of plan has yet to take hold.

In March, Sen. Brian Schatz, D-Hawaii, reintroduced his Debt-Free College Act, which calls for a partnership with states to make sure students can afford all college costs without borrowing loans. The idea died in the previous session and has yet to be taken up in this one, but the new bill has gained wider support from Democrats.

Among those backing the plan are four 2020 candidates: Gillibrand, Harris, Warren and Sen. Cory Booker of New Jersey.

Source: NewsMax Politics

FILE PHOTO: People exit a Target store in Azusa
FILE PHOTO: People exit a Target store in Azusa, California U.S. November 16, 2017. REUTERS/Lucy Nicholson/File Photo

June 15, 2019

(Reuters) – Target Corp on Saturday said it was working on a problem that prevented customers in the United States from paying for their purchases.

Media reports said the problem had hit Target stores across the country.

The retailer tweeted that it was troubleshooting the issue and would provide an update soon.

Target did not give any reason for the outage and was not immediately reachable for comment.

(Reporting by Ishita Chigilli Palli in Bengaluru; Editing by Bill Trott)

Source: OANN

FILE PHOTO: Boston Red Sox's Ortiz smiles during warmups before facing the Toronto Blue Jays in their MLB American League East baseball game in Boston
FILE PHOTO: Boston Red Sox designated hitter David Ortiz smiles during warmups before facing the Toronto Blue Jays in their MLB American League East baseball game in Boston, Massachusetts, September 21, 2013. REUTERS/Dominick Reuter/File Photo

June 15, 2019

The man charged with shooting Boston Red Sox legend David Ortiz admitted that he shot him but said he was hired to kill someone else.

TMZ Sports reported Friday that 25-year-old Rolfi Ferreira Cruz told reporters who had crowded outside the jail in the Dominican Republic that Ortiz was not the target. Through the bars of his cell, Cruz said he was sent to the Santo Domingo club on Sunday to kill a man who happened to be dressed like Ortiz.

Late Thursday, police in the Dominican Republic arrested three more people in connection with the shooting, bringing the number of people in custody to nine. At least one more person is being sought.

CNN reported Friday afternoon that authorities in the Dominican Republic disputed the report, saying Cruz had admitted to them that Ortiz was the target of the attack. Instead, they speculated he had changed his story because he feared retribution from Ortiz fans inside the jail.

–New York Yankees outfielder Aaron Judge began a rehab stint at Triple-A Scranton/Wilkes-Barre as he continues his recovery from a strained left oblique.

Judge has been sidelined since being injured against the Kansas City Royals on April 20. He is batting .288 with five homers and 11 RBIs in 20 games this season. Judge served as the designated hitter on Friday night.

The team also said outfielder Giancarlo Stanton will join Judge at Scranton/Wilkes-Barre to continue his rehab stint. Stanton (calf) hit three homers in two games for Class-A Tampa earlier this week. Boone said Stanton could rejoin the Yankees on Tuesday if he doesn’t have any setbacks.

–Oakland Athletics outfielder Stephen Piscotty had surgery to remove a melanoma from his right ear and is expected to return to action within the next week, the team announced.

A dermatologist identified a mole on his ear as suspicious, and a biopsy determined it was skin cancer. The surgery was performed Thursday at the California Pacific Medical Campus by Dr. Brian Parrett, who removed the mole in its entirety, the team said.

The A’s added that Piscotty is resting at home and would be evaluated daily as he awaits the results of a pathology report. Piscotty, 28, is batting .250 with eight home runs and 29 RBIs in 65 games this season.

–Chicago Cubs president Theo Epstein said Ben Zobrist, who has been on the restricted list since May 7 for personal reasons as he goes through a divorce, could return to the team in 2019.

“There’s been a little definition added to how he hopes this thing might go,” Epstein said. “I’ve been in constant touch with Zobrist. He knows the door is open.”

Zobrist, 38, and his wife, Julianna, have three children. A return for Zobrist isn’t imminent, however. Zobrist, a three-time All-Star in his 14th major league season, is in the final year of a four-year contract with the Cubs.

–Detroit Tigers prized pitching prospect Casey Mize appears to have avoided a serious injury when an MRI exam identified inflammation but no structural damage in his right shoulder.

Mize, the No. 1 overall pick in the 2018 MLB Draft out of Auburn, departed his Thursday start for Double-A Erie in the third inning after experiencing a loss of velocity in his pitches. Erie placed Mize, 22, on the seven-day injured list on Friday.

Noted orthopedic surgeon James Andrews was among those who reviewed the test results, which found soreness on the back of Mize’s pitching shoulder. Mize, who is rated the No. 1 pitching prospect and No. 3 overall prospect by MLB Pipeline, is 8-0 with a 0.92 ERA in 13 starts in the minors this season.

–Field Level Media

Source: OANN

Democratic presidential candidate Kamala Harris marched with protesting and striking McDonald’s employees Friday in Las Vegas as the workers called for a $15 minimum wage and better working conditions.

The California senator is the latest presidential candidate to appear with workers of the fast-food franchise as they rally around the country demanding higher pay and the right to a union.

As temperatures approached triple digits Friday afternoon, Harris chanted and helped carry a large banner as she, fast food workers and other activists marched through the parking lot of a McDonald’s just east of the Las Vegas Strip.

Some of the marchers included workers at McDonald’s and other fast-food restaurants who went on a one-day strike Friday.

“If we want to talk about these golden arches being a symbol of the best of America, well, the arches are falling short,” Harris said. “We have got to recognize that working people deserved livable wages.”

Harris said she worked at McDonald’s when she was a student and “did the french fries and the ice cream,” but noted “there was not a family relying on me to pay the rent, put food on the table and keep the bills paid by the end of the month.”

Renzo Olivari, a Harris spokesman, said later that the senator worked at McDonald’s in college.

New York City Mayor Bill de Blasio, former Obama housing secretary Julian Castro and Vermont Sen. Bernie Sanders have all appeared with employees of the fast-food giant around the country. Former Texas Rep. Beto O’Rourke, South Bend Mayor Pete Buttigieg and New Jersey Sen. Cory Booker were expected to join McDonald’s workers at a rally in South Carolina on Saturday.

McDonald’s Corp. has said it recognizes workers’ rights to join labor unions. The company also says it doesn’t control wages in their franchise restaurants but that the average starting wage at corporate-owned restaurants exceeds $10 an hour.

Harris is among the majority of Democratic presidential candidates who support raising the federal minimum wage to $15 an hour, up from $7.25.

Earlier Friday, Harris toured a law clinic at the University of Nevada, Las Vegas that helps immigrants with deportation proceedings and other legal matters. She then met with some of the law clinic’s students and some activists and described her plan to tackle some immigration matters if elected president.

Harris said that upon being sworn in, she would immediately pursue a series of executive actions to make it easier for immigrants brought to the U.S. illegally to remain in the country and work.

Source: NewsMax Politics

FILE PHOTO: A T-Mobile store is pictured in the Manhattan borough of New York
FILE PHOTO: A T-Mobile store is pictured in the Manhattan borough of New York, New York, U.S., May 20, 2019. REUTERS/Carlo Allegri

June 14, 2019

By David Shepardson

WASHINGTON (Reuters) – Dish Network Corp executives met this week with the U.S. Justice Department’s antitrust chief Makan Delrahim and Federal Communications Commission chairman Ajit Pai on the government’s review of the proposed $26.5 billion tie-up of wireless carriers T-Mobile USA and Sprint Corp.

A federal filing on Friday revealed Dish Chairman Charlie Ergen was among the executives who attended the meeting Tuesday and the firm “discussed its opposition to the proposed merger of Sprint and T-Mobile as currently constructed.” Dish also “explained the need for a minimum of four nationwide mobile network operators.”

Pai agreed last month to support the merger in part because the firms agreed to divest the prepaid service Boost Mobile, while the Justice Department review continues.

Ten state attorneys general led by New York and California sued the companies and parent firms SoftBank Group Corp and Deutsche Telekom AG, warning that consumer prices will jump due to reduced competition.

(Reporting by David Shepardson; Editing by Susan Thomas)

Source: OANN

NBA: Finals-Toronto Raptors at Golden State Warriors
Jun 13, 2019; Oakland, CA, USA; Toronto Raptors forward Kawhi Leonard (2) speaks to the media after game six of the 2019 NBA Finals at Oracle Arena. Mandatory Credit:Sergio Estrada-USA TODAY Sports

June 14, 2019

By Frank Pingue

TORONTO (Reuters) – The Toronto Raptors took down the dynastic Golden State Warriors to win Canada’s first NBA title but now face perhaps their toughest battle yet as they try to convince Kawhi Leonard to have a long-term future with the team.

Leonard, whom the Raptors acquired last July as part of a blockbuster trade with San Antonio, carried Toronto to heights few thought possible and will draw plenty of interest from other teams when he becomes a free agent on June 30.

His future with the Raptors has been a never-ending subplot since he joined Canada’s only NBA team and he was asked about it moments after being presented with the NBA Finals Most Valuable Player award on Thursday in Oakland, California.

“I’m about to enjoy this with my team mates and coaches and I’ll think about that later,” said Leonard.

As Leonard kept adding to one of the most memorable playoff performances in NBA history, giant-sized murals depicting him appeared on buildings in Canada’s largest city.

In an effort to convince Leonard to sign a contract with Toronto, many restaurants in the city joined a “Ka’Wine & Dine” initiative that offers him free food while a real estate broker promised him a free multi-million-dollar penthouse.

When Leonard arrived in Toronto, he was coming off a season in which he missed all but nine games with a quadriceps issue and it was no great secret that his preferred destination was his birthplace of Los Angeles.

At the time, many experts thought the Raptors forward would play out the season and then sign a contract with a team in Los Angeles.

“We all know where my destinations were but obviously, like I said, when I was there on my opening-day meeting that I was focused on the now, and I wanted to make history here and that’s all I did,” said Leonard. “I’m still playing basketball no matter what jersey I have on.”

Even during the NBA Finals, Leonard was asked to clarify a report that he had purchased property in Toronto, and some Raptors fans interpreted the 27-year-old’s answer as a sign that he planned to stay in Toronto beyond this season.

“No, it didn’t. It didn’t happen yet, no,” said Leonard.


Without Leonard, the Raptors would surely not have been in a position to dethrone a Golden State team who were seeking a third consecutive championship and their fourth in five years.

During the second round of the playoffs Leonard delivered the most memorable shot in the Raptors’ 24-year history with an off-balance, three-point buzzer-beater in a decisive seventh game that bounced off the rim four times before dropping in.

Leonard, who is the focal point of the Raptors offense, was named the NBA Finals Most Valuable Player for the second time in his career after averaging 28.5 points in six games against a banged-up Warriors team.

His performance may have even brought an end to one of the NBA’s great dynasties given that the Warriors, who were ravaged by injuries in the Finals, have some key players who will also become free agents in a couple of weeks.

Toronto will have a parade on Monday to celebrate the first major professional sports championship for a Canadian team since Major League’s Baseball’s Blue Jays won the World Series in 1993.

While fans toast the Raptors, behind the scenes the focus will be on how to convince Leonard to make a home in Toronto and not break up a championship team that never wavered in its championship season.

“We have the best player in the league and the best player in these playoffs in Kawhi Leonard,” said Raptors Cameroonian forward Pascal Siakam.

“I think together we have this unit, a bunch of guys that will go out there and, they weren’t top picks or whatever the case might be, but guys that just go out there and work every single day and try to be the best that they can be and unselfish.”

(Reporting by Frank Pingue in Toronto; editing by Clare Fallon)

Source: OANN

FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California
FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake

June 14, 2019

LONDON (Reuters) – European semiconductor stocks fell on Friday after U.S. chipmaker Broadcom warned a U.S.-China trade conflict and export restrictions on Huawei were causing a broad slowdown in demand for chips.

Shares in ASML, STMicroelectronics, Siltronic, ASM International, Infineon, and AMS tumbled by 2.7% to 6.6% as the warning reignited fears chipmakers would not keep to their promises of a second-half recovery.

“It’s not just Huawei, it’s deeper than that. Visibility is shot. OEMs [carmakers] aren’t ordering. Inventory concerns, which were supposed to ease, have not gone away,” said a trader.

“Goodbye H2 recovery hopes!” he added.

The falls in chipmakers – which make components used in sensors for smartphones, cars, and medical equipment – drove Europe’s tech sector index down 1%, the worst-performing sector in Europe on Friday morning.

They followed an overnight fall in U.S. semiconductor stocks after California-based Broadcom’s warning of a broad slowdown in chip demand.

The CEO of chipmaker Micron Technology also said the ban on Huawei brings uncertainty and disturbance to the semiconductor industry.

(Reporting by Helen Reid, Editing by Josephine Mason and Susan Fenton)

Source: OANN

Military officials flagged nearly four dozen bases they say are most threatened by climate change.

According to Defense One, the list of 46 locations was submitted to the Senate Armed Services Committee this week after a six-month delay. One base in Japan is included, while there are two in Guam. Besides three other threatened bases in Hawaii, the rest are in the continental U.S.

“The effects of a changing climate are a national security issue with potential impacts to Department of Defense missions, operational plans, and installations,” the report read, according to Defense One.

Each of the four branches of service — the Army, Marines, Navy, and Air Force — conducted their own assessments and submitted their list of bases.

Appearing on the list is Naval Station Norfolk in Virginia, which has roughly four miles of land along the water and another 11 miles of piers and wharfs. It is the largest Naval base in the world and supports Naval ships and personnel that operate in the Atlantic and Indian Oceans, along with the Mediterranean Sea. Rising sea levels are threatening the welfare of the base, officials wrote.

California and Florida each listed eight bases, including Tyndall Air Force Base on the Florida panhandle. That facility was decimated by Hurricane Michael last year, with buildings and aircraft destroyed or rendered inoperable.

The full list of bases in the report, organized by service:

Army (most threatened to least threatened):

  1. Yuma Proving Ground, Arizona.
  2. Fort Irwin, California.
  3. Fort Huachuca, Arizona.
  4. Fort Bliss, Texas.
  5. White Sands Missile Range, New Mexico.
  6. Camp Roberts, California.
  7. Hawthorne Army Depot, Nevada.
  8. Tooele Army Depot, Utah.
  9. Military Ocean Terminal Concord, California.
  10. Pueblo Chemical Depot, Colorado.

Air Force (most threatened to least threatened):

  1. Vandenberg AFB, California.
  2. Eglin AFB, Florida.
  3. Hurlburt Field, Florida.
  4. Patrick AFB, Florida.
  5. Joint Base Charleston, South Carolina.
  6. Dover, Delaware.
  7. Homestead AFB, Florida​.
  8. Macdill AFB, Florida.
  9. Tyndall AFB, Florida.
  10. Joint Base Langley-Eustis, Virginia.

Navy (not ranked):

  • Naval Air Station Key West, Florida.
  • Naval Submarine Base Kings Bay, Georgia.
  • Naval Base Guam, Guam.
  • Joint Base Pearl Harbor Hickam, Hawaii.
  • Wahiawa Annex, Hawaii.
  • Naval Magazine Indian Island, Washington.
  • Naval Base Coronado, California.
  • Naval Base San Diego, California.
  • Joint Base Anacostia Bolling, Washington, D.C.
  • Washington Navy Yard, Washington, D.C.
  • Andersen Air Force Base, Guam.
  • Naval Support Facility Indian Head, Maryland.
  • Naval Air Station Oceana, Virginia.
  • Naval Air Station Norfolk, Virginia.
  • Naval Support Activity Hampton Roads, Virginia.
  • Naval Support Activity Hampton Roads – Northwest Annex, Virginia/North Carolina.

Marine Corps (not ranked):

  • Marine Corps Base Camp Pendleton, California.
  • Marine Corps Base Camp Lejeune, North Carolina.
  • Marine Corps Base Camp Butler, Okinawa, Japan.
  • Marine Corps Base Hawaii, Hawaii.
  • Marine Corps Recruit Depot Parris Island, South Carolina.
  • Marine Corps Support Facility Blount Island, Florida.
  • Marine Corps Air Station Beaufort, South Carolina.
  • Marine Corps Base Quantico, Virginia.
  • Marine Corps Reserve Forces, New Orleans, Louisiana.
  • Marine Corps Recruit Depot San Diego, California.

Source: NewsMax Politics

Actress Jessica Biel is receiving fierce criticism for lobbying against California state bill 276, which, if passed would limit medical exemptions from vaccinations.

The bill has been opposed by anti-vaccine advocates.

Many doctors, lawmakers, and parents voiced their criticism following news of Biel’s involvement.

“This starts to be about privilege,” Democratic State Sen. Richard Pan told The Hollywood Reporter. “The only reason that [individuals like Biel] are able to do this is that they are counting on others to vaccinate their own kids for them. How many people have to be hospitalized before people think, ‘This isn’t right.’ I wish the 1% would stop spreading disease to the 99%.” 

Dr. Nancy Messonnier, the acting director of the CDC’s Center for Preparedness and Response, retweeted a photo of a child who contracted measles.

The post reads:

“In 1977 there were over 57,000 cases of #measles in the US, and this child was the CDC measles campaign poster child. Measles is still a threat in many parts of the world. ALL travelers should be vaccinated against measles, mumps, & rubella before they leave the U.S.”

Biel in an Instagram post later Thursday said she was not against vaccines.

“I support children getting vaccinations and I also support families having the right to make educated medical decisions for their children alongside their physicians. My concern with #SB277 is solely regarding medical exemptions. My dearest friends have a child with a medical condition that warrants an exemption from vaccinations, and should this bill pass, it would greatly affect their family’s ability to care for their child in this state.”

Source: NewsMax Politics

Apple CEO Tim Cook speaks during Apple's annual Worldwide Developers Conference in San Jose
FILE PHOTO: Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, U.S. June 3, 2019. REUTERS/Mason Trinca

June 14, 2019

By Roberta Rampton

WASHINGTON (Reuters) – U.S. President Donald Trump met with Apple CEO Tim Cook on Thursday to discuss trade and other hot-button issues facing the tech company as Trump deliberates whether to make good on his threat to hike tariffs on imports from China.

Trump’s meeting with Cook was disclosed by daughter and adviser Ivanka Trump during an event that Trump held with governors on skills development.

Cook is a frequent visitor to the White House and has worked with Ivanka Trump on her job training and education initiatives. The president often name-checks Cook as a business leader who has brought jobs and investment back to the United States.

On Thursday, Trump spoke with Cook about “trade, U.S. investment, immigration and privacy,” White House spokesman Judd Deere said. A spokesperson for Apple could not be immediately reached for comment.

The meeting comes as Trump weighs whether to go ahead with proposed increases to tariffs in his trade war with China. He has said he will make a decision some time after the G20 summit in Osaka, Japan at the end of June, where he hopes to meet with Chinese President Xi Jinping.

Trump is using tariffs to push Xi to change a host of Chinese trade practices, but negotiations have flagged. Makers of consumer electronics like phones and tablets have escaped the brunt of tariffs to this point but likely would be affected by the next hike.

U.S. authorities are also preparing to probe market power of large technology companies, according to sources. Cook has defended his company, saying it has a moderate share of the market and is not too large.

(Reporting by Roberta Rampton; Editing by James Dalgleish and Cynthia Osterman)

Source: OANN

FILE PHOTO: An attendee takes a photograph of a sign during Facebook Inc's F8 developers conference in San Jose
FILE PHOTO: An attendee takes a photograph of a sign during Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File Photo

June 13, 2019

(Reuters) – Facebook Inc has enlisted more than a dozen companies including Visa Inc, Mastercard Inc, PayPal Holdings Inc and Uber Technologies Inc to back its new cryptocurrency, the Wall Street Journal reported on Thursday.

Each company will invest around $10 million in a consortium that will govern the cryptocurrency, the WSJ reported, citing people familiar with the matter.

The money will fund the creation of the coin, which will be pegged to a basket of government-issued currencies, the report said.

Facebook, Mastercard, Paypal, Visa and Uber did not immediately respond to requests for comment.

(Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Richard Chang)

Source: OANN

Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California
FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake

June 13, 2019

By Sayanti Chakraborty and Stephen Nellis

(Reuters) – Broadcom Inc on Thursday warned of a broad slowdown in chip demand, blaming a trade conflict between the United States and China and export restrictions on Huawei Technologies Co Ltd and the chipmaker cut its revenue forecast for the year by 8%.

Shares of the San Jose, California-based company fell 8% to $258.75 in extended trading and the remarks dragged down stocks of other chipmakers, including Qualcomm, Texas Instruments and Skyworks Solutions.

“It is clear that the U.S.-China trade conflict including the Huawei export ban is creating economic and political uncertainty and reducing visibility,” Chief Executive Officer Hock Tan said on a conference call with analysts.

Shares of Broadcom have been under pressure after the U.S. government put Huawei on a trade blacklist last month. Huawei accounted for about $900 million, or 4%, of the company’s overall sales last year.

Tan said that if consumer demand for smartphones remains steady, other phone makers could start taking Huawei’s market share, and those phone makers are likely to buy chips from Broadcom. However, he cautioned that the process will take up to six months.

“What’s the impact of the Huawei ban on a company like us selling components and technology? Well, short term, keep in mind we’ll see a very sharp impact simply because (there are) no purchases allowed and there’s no obvious substitution in place,” Tan said.

Revenue from semiconductor solutions, Broadcom’s biggest business unit, fell 10% to $4.09 billion in the second quarter, while revenue from its infrastructure software business came in at $1.41 billion

Demand for enterprise and mainframe software remained stable, mainly in North America and Europe, Tan said.

The company, known for communications chips that power Wi-Fi, Bluetooth and GPS connectivity in smartphones, lowered its full-year revenue forecast by $2 billion to $22.50 billion, saying that its customers are actively reducing inventory levels.

Net revenue rose to $5.52 billion in the quarter ended May 5, from $5.01 billion a year earlier, but missed analysts’ estimates of $5.68 billion, according to IBES data from Refinitiv.

Net income attributable to ordinary shares fell to $691 million, or $1.64 per share, in the quarter, from $3.72 billion, or $8.33 per share, a year earlier. (

Excluding items, the company earned $5.21 per share, beating analysts’ estimates of $5.16 per share.

(Reporting by Sayanti Chakraborty in Bengaluru and Stephen Nellis in San Francisco; Editing by James Emmanuel)

Source: OANN

FILE PHOTO: A T-Mobile store is pictured in the Manhattan borough of New York
FILE PHOTO: A T-Mobile store is pictured in the Manhattan borough of New York, New York, U.S., May 20, 2019. REUTERS/Carlo Allegri

June 13, 2019

WASHINGTON (Reuters) – The judge hearing a complaint from state attorneys general seeking to stop T-Mobile US Inc from buying Sprint Corp for $26 billion will hold a pre-trial hearing next week.

Judge Victor Marrero of U.S. District Court for the Southern District of New York set the hearing for June 21, in response to a request for an expedited hearing.

Ten states, led by New York and California, filed a lawsuit on Tuesday aimed at stopping the merger of the No. 3 and No. 4 national wireless companies, saying that the deal would cost Sprint and T-Mobile subscribers more than $4.5 billion annually.

The Federal Communications Commission has agreed in principle to approve the deal while the U.S. Justice Department is believed to be nearing a final decision.

The companies have offered to sell the Boost brand currently owned by Sprint to reduce the combined company’s market share in the prepaid business. They have also indicated they were considering divesting wireless spectrum.

T-Mobile indicated in a filing on Thursday that its attorneys will include George Cary and David Gelfand, who oversaw litigation at the Justice Department’s Antitrust Division during the Obama administration when there were at least three major merger challenges.

Sprint has filed that its attorneys will include Karen Hoffman Lent and Steven Sunshine of Skadden, Arps, Slate, Meagher & Flom LLP, who have handled some of the biggest antitrust cases in the past 10 years.

(Reporting by Diane Bartz; Editing by Susan Thomas and Leslie Adler)

Source: OANN

FILE PHOTO: Diamond League - Doha
FILE PHOTO: Athletics – Diamond League – Doha – Khalifa International Stadium, Doha, Qatar – May 3, 2019 South Africa’s Caster Semenya wins the women’s 800m REUTERS/Ibraheem Al Omari/File Photo

June 13, 2019

CAPE TOWN (Reuters) – Caster Semenya has been denied participation in her favored 800 meters race in Morocco, the athlete said on Thursday, despite Switzerland’s highest court rejecting an IAAF request for eligibility regulations to be reimposed on the South African.

The International Association of Athletics Federations (IAAF) regulations say XY chromosome athletes with differences in sexual development (DSDs) can only race in distances from 400m to a mile if they take medication to reduce their naturally-occurring testosterone levels.

The Swiss Federal Tribunal (SFT) temporarily lifted the regulations affecting Semenya until June 25 but could extend that further after hearing submissions from the IAAF and Athletics South Africa over an appeal against a May 1 Court of Arbitration for Sport (CAS) award upholding the rules.

The IAAF wanted the regulations reinstated against 28-year-old Semenya immediately, but this was rejected by the SFT, according to the South African’s lawyers.

However, her request to race in Rabat this weekend has been denied by the Moroccan Athletics Federation, without reasons being given, despite her eligibility to compete.

Semenya’s lawyers said in a statement on Thursday that she was seeking clarity over this apparent “violation” of the SFT order.

The IAAF and the Moroccan Athletics Federation did not did immediately respond to requests for comment.

The IAAF has previously stated that the regulations are designed to provide fair competition in the selected women’s events and to safeguard the future of the sport.

Semenya had toyed with the idea of boycotting the 800m in solidarity with other athletes affected by the regulations, but said she had decided that running was the best form of protest.

“No woman should be subjected to these rules,” Semenya said. “I thought hard about not running the 800m in solidarity unless all women can run free. But I will run now to show the IAAF that they cannot drug us.”

Semenya will also apply to race at that distance in the Prefontaine Classic in Stanford, California on June 30, where she has already entered the 3,000 meters.

“I am a woman, but the IAAF has again tried to stop me from running the way I was born,” she said.

“The IAAF questions my sex, causes me great pain and required me to take hormonal drugs that made me feel constantly sick and unable to focus for many years.

“No other woman should be forced to go through this in order to have the same right that all women have – to do what we love and run the way we were born.”

(Reporting by Nick Said; Additional reporting by Emma Rumney; Editing by Ken Ferris)

Source: OANN

FILE PHOTO: FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California
FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File Photo

June 13, 2019

CHICAGO (Reuters) – Southwest Airlines Co said on Thursday it is extending cancellations of about Boeing Co 737 MAX flights through Sept. 2 as it continues to await guidance and approval on software enhancements and training requirements.

The largest global operator of the MAX had previously said it was cancelling flights through Aug. 5 after the plane was grounded worldwide in March after two deadly crashes in Indonesia and Ethiopia within five months.

(Reporting by Tracy Rucinski; Editing by Chizu Nomiyama)

Source: OANN

Democratic presidential candidate and U.S. Senator Elizabeth Warren (D-MA) speaks during the California Democratic Convention in San Francisco
Democratic presidential candidate and U.S. Senator Elizabeth Warren (D-MA) speaks during the California Democratic Convention in San Francisco, California, U.S. June 1, 2019. REUTERS/Stephen Lam – RC1FC916D420

June 13, 2019

By Ginger Gibson

LANSING, Mich. (Reuters) – Democratic presidential contender Elizabeth Warren is churning out reams of policy proposals on everything from daycare to manufacturing. But despite her piles of written plans, she has yet to tackle trade.

Warren and most of the other 23 Democrats seeking the party’s 2020 White House nomination have avoided issuing a robust outline of how they would approach one of the central issues in Republican President Donald Trump’s bid for re-election.

Trade policy has become tricky territory for Democratic candidates after Trump upended traditional partisan divisions on the issue. None appears willing to agree outright with Trump’s philosophy, so most have tried instead to find grounds for criticizing how he is implementing his policy.

Yet in a sprawling field of Democratic contenders who agree on many major issues, trade presents a chance to draw some distinctions.

“Trump’s blowing a big hole in those kinds of traditional alignments, and that creates chaos but it also creates opportunity for the Democratic Party,” said former Democratic U.S. Senator Heidi Heitkamp, of North Dakota, who now works as a pro-trade advocate.

“There is a lot of opportunity for Democrats to talk about how important free trade and fair trade is for American workers.”

In past decades, Republicans favored free trade, joining business in supporting low tariffs and multinational trade deals. Democrats, heavily influenced by unions, were viewed as more protectionist, opposing trade deals and supporting tariffs.

Democratic Presidents Bill Clinton and Barack Obama began shifting from that position, with Clinton signing the North American Free Trade Agreement (NAFTA) in the 1990s and Obama negotiating the Trans-Pacific Partnership (TPP).

Trump departed from his party’s orthodoxy and embraced protectionist policies, walking away from the TPP and imposing tariffs on steel and aluminum imports and $250 billion of imports from China.

Democrats in Congress have oscillated on their views on the Trump administration’s trade policy, at times being critical but at others supportive, including encouraging Trump to be tough on China.


Trump’s emphasis on trade and “putting American workers first” helped him woo blue-collar voters in the 2016 election, including in places like Michigan where he crucially won a state that had not voted for a Republican presidential candidate in decades.

Democrats need those voters back in 2020 but have to navigate carefully given that many workers in industrial states still like Trump’s trade policies.

But voters have evolved on the issue. A Reuters/Ipsos poll conducted in early June found that many Democrats were strongly opposed to the sweeping tariffs Trump proposed – and then canceled – on goods imported from Mexico as a way to stem illegal immigration.

The poll found seven out of 10 Republicans supported the tariffs, compared with seven out of 10 Democrats opposing them.

Overall, 42% of U.S. adults polled opposed the tariffs and 39% supported them.

Linda Solem, 69, of Grand Ledge, Michigan, is among the Democratic voters who have changed their tune. She supported tariffs during the 10 years she spent as a union member working on the production line of a General Motors plant.

Now retired, she is ready to see the Democratic Party embrace free trade.

“We don’t even make TVs here anymore,” Solem said. “You’ve got to have some tariffs, but you can’t go wild with tariffs and you can’t use them to be a bully.”


Even as Trump creates openings for Democrats to talk about trade, most are not taking it.

“Democrats have done a poor job making the liberal case for trade,” said Christina Davis, a professor at Harvard who specializes in trade and foreign relations.

The decline of organized labor’s influence could open opportunities for Democrats to develop new positions, she added.

U.S. Senator Bernie Sanders put out a trade plan in April dealing with China. His proposal sounds a lot like Trump’s rhetoric, including wanting to punish multinational companies that move jobs overseas and undoing trade agreements.

Warren, campaigning in Michigan and Indiana this month, echoed Trump’s criticism of companies moving abroad but then took aim at how he had executed his policies.

She called for more discussions on trade but stopped short of offering specifics when asked if she was going to release a trade plan.

“The plan is no small part about who sits at the table,” Warren said. “When the people sitting at the table are all the lobbyists and executives from multinational corporations, then the policies that come out of that help the giant multinational corporations.”

Business groups in Washington are watching what Democratic presidential candidates say on the campaign trail.

Ahead of a vote on the United States–Mexico–Canada Agreement (USMCA) – which would replace NAFTA – candidates serving in Congress like Warren may be forced to take a more definitive stance. So far, Democrats have been blocking a vote because of opposition to labor provisions, a nod to their union base.

“That very much is going to be a test,” said a Washington business lobbyist who asked not to be identified. “It’s very difficult for a member of Congress to say they’re pro-business and then vote against USMCA. In fact, I don’t think you could do it.”

(Reporting by Ginger Gibson; Additional reporting by Chris Kahn in New York; Editing by Colleen Jenkins and Peter Cooney)

Source: OANN

FILE PHOTO: PGA: U.S. Open - Practice Round
FILE PHOTO: Jun 11, 2019; Pebble Beach, CA, USA; Rory McIlroy putts on the 10th green during a practice round of the 2019 U.S. Open golf tournament at Pebble Beach Golf Links. Mandatory Credit: Michael Madrid-USA TODAY Sports

June 13, 2019

By Steve Keating

PEBBLE BEACH, CA. (Reuters) – Rory McIlroy swapped his putter for a Toronto Raptors jersey after winning the Canadian Open and nearly forgot to get it back before heading off to the U.S. Open, said the Northern Irishman on Wednesday.

After riding a red hot putter to a final round of 61 on Sunday at the Hamilton Golf and Country Club, McIlroy said that while he has made some stupid mistakes trading his putter for an NBA team jersey would have been one of biggest.

“I definitely didn’t give it away,” said McIlroy during his per-tournament news conference. “I know I’ve done some stupid things in the past, but that would have been right up there.”

A bit of miscommunication during the winner’s ceremony created confusion that was quickly corrected with McIlroy asking his caddie Harry Diamond to chase down his favorite flat stick.

When Golf Canada chief executive Laurence Applebaum handed McIlroy the Raptors jersey he took it in exchange for his putter and during the celebrations did not take it back.

“I said to Harry, ‘Could you go and find Laurence? He’s got my putter. And put it back in the bag and make sure the bag gets on the plane and goes to California,’” said McIlroy.

“That was really it … the guy I gave it to was running the golf tournament. He knows it’s not for him.”

McIlroy said that while he brought the jersey with him he would remain neutral with the Raptors preparing to take on the Golden State Warriors in nearby Oakland in Game Six of the NBA Finals on Thursday.

(Editing by Peter Rutherford)

Source: OANN

Sen. Elizabeth Warren, D-Mass., is calling on the heads of financial regulatory bodies to disclose information on reports finding apparent discrimination in automated lending algorithms.

In a letter Wednesday, Warren mentioned a 2018 analysis at the University of California, Berkeley, that found financial technology companies’ algorithmic models may lead to discriminatory outcomes or even overcharges.

“While some [financial technology companies] products have the potential to expand access to financial services for underserved populations, we believe these new business models and products also present new challenges for regulators,” Warren wrote.

“Recent research highlights this tension, demonstrating both the opportunity of algorithmic underwriting’s potential to reduce discrimination, while also emphasizing the technologies’ current shortcomings,” she added.

Warren noted the UC Berkeley analysis found that both face-to-face and financial tech lenders charge African American and Latino borrowers interest rates that are six to nine basis points higher than those they charge white or Asian borrowers with similar finances.

Similar disparities are found in traditional underwriting, she wrote.

“In other words, the algorithms used by [financial technology companies] lenders are as discriminatory as loan officers,” Warren wrote. “Berkeley researchers estimate that lending discrimination results in Latinx and African American borrowers ‘pay[ing] $250-500M per year in extra mortgage interest.'”

Warren called on the officials to provide information on their agencies’ efforts to combat lending discrimination. She also questioned whether they have conducted analyses on the impact of algorithms on minority borrowers and, if not, whether they plan to.

Related Stories:

Source: NewsMax Politics

Cargo containers are ready for transportation at the Port of Los Angeles
FILE PHOTO: Cargo containers are ready for transportation at the Port of Los Angeles October 27, 2014. REUTERS/Bob Riha Jr.

June 12, 2019

LOS ANGELES (Reuters) – The Los Angeles and Long Beach port complex – the No. 1 hub for U.S. ocean trade with China – processed 6.3% fewer inbound cargo containers in May, signaling that the escalating U.S.-China trade war is roiling business activity.

Exports from the California seaport complex, the nation’s busiest, fell 7.4% year-on-year, the two ports said.

U.S. companies ranging from retailers to manufacturers stockpiled goods before Washington and Beijing began slapping tariffs on imports last year. The May decline comes at a time when importers are typically ramping up for the peak shipping season that brings in goods for the winter holidays.

“Escalating tariffs have pushed retailers to order goods early, warehouses are brimming with inventory as a result, and in response, ocean carriers are managing their vessels to deal with reduced demand,” said Mario Cordero, executive director at the Port of Long Beach, where imports fell 19.5% versus May 2018, more than offsetting a 5.5% increase in imports at the larger Port of Los Angeles.

The Trump administration escalated the trade conflict in May, announcing a tariff hike on $200 billion of Chinese products. China retaliated with tariffs on $60 billion of U.S. goods.

President Donald Trump has also threatened to hit China with tariffs on “at least” a further $300 billion worth of Chinese goods.

That threat may have spawned another trade bump.

China’s exports unexpectedly returned to growth in May – rising 1.1% and prompting speculation that Chinese exporters rushed out shipments to avoid the new U.S. tariffs.

It typically takes about 10 to 14 days for cargo ships to make the trip directly from China to the U.S. West Coast. Many ships call at multiple ports before crossing the ocean, adding weeks to the trip.

(Reporting by Lisa Baertlein in Los Angeles; Editing by Peter Cooney)

Source: OANN

PGA: U.S. Open - Practice Round
Jun 12, 2019; Pebble Beach, CA, USA; Rory McIlroy of Northern Ireland holds his press conference at the 2019 U.S. Open golf tournament at Pebble Beach Golf Links. Mandatory Credit: Rob Schumacher-USA TODAY Sports

June 12, 2019

By Steve Keating

PEBBLE BEACH, California (Reuters) – If momentum counts for anything Rory McIlroy will be riding a wave when he hits the scenic beachside layout for the opening round of the U.S. Open on Thursday looking to end a nearly five year major drought.

After closing rounds of 64 and 61 to cap a rampaging win at the Canadian Open on Sunday, McIlroy will be hoping his blazing finish translates into a hot start at the Pebble Beach Golf Links setting him up for a title challenge.

With two PGA Tour titles already in the bank this season, McIlroy’s game has been firing on all cylinders with the exception of the majors where he has sputtered, particularly in the early rounds.

At the Masters the Northern Irishman’s opening one-over 73 was his worst of the four rounds while it was a similar launch at the PGA Championship at Bethpage Black where he carded a two-over 72 to leave him playing from behind right from the outset.

“My first rounds at Augusta and Bethpage this year just sort of put me a little bit behind the eight ball,” McIlroy told his pre-tournament media conference on Wednesday.

“And it’s hard to catch up. Especially major championships are played on the toughest courses, and you start to chase on those really tough courses, it’s hard to do that.

“The majors that I’ve won, I’ve started every single one of them really well, runs in sort of the mid-60s, and I think that’s sort of what’s held me back a little bit.”

In his other win this season at the Players Championship, Mcllroy underscored his front-runner status when he opened with rounds of 67 and 65 and took the pressure off slightly as he closed with 70s on Saturday and Sunday.

McIlroy’s 2011 U.S. Open win also benefited from a quick start with rounds of 65 and 66 but never let his foot off the gas following up with a 68 and 69 for a 16-under 268 total that remains the lowest score for 72 holes at the tournament.

“Some people say it’s nice to be a couple back going into the final round. I’d rather be in front,” he said.

“I feel like when you get in front, it gives you a lot of confidence and you go from there.

“I feel like the times that I have led for the most part I have been pretty good in that position.

“I guess I’d call myself a decent frontrunner.”

Source: OANN

NBA: Finals-Golden State Warriors at Toronto Raptors
Jun 10, 2019; Toronto, Ontario, CAN; Golden State Warriors forward Kevin Durant (35) dribbles in front of Toronto Raptors forward Pascal Siakam (43) during the second quarter in game five of the 2019 NBA Finals at Scotiabank Arena. Mandatory Credit: Nick Turchiaro-USA TODAY Sports

June 12, 2019

(Reuters) – Kevin Durant underwent surgery on Wednesday for a ruptured Achilles tendon, the Golden State Warriors player announced, as head coach Steve Kerr defended the decision to play the four-times NBA leading scorer in game five of the NBA Finals.

Durant said the surgery, less than 48 hours after he sustained the injury on Monday against the Toronto Raptors, had been successful.

“My road back starts now,” he wrote on Instagram in a post accompanied by a picture of him in a hospital bed.

“Like I said Monday, I’m hurting deeply, but I’m OK. Basketball is my biggest love and I wanted to be out there that night because that’s what I do. I wanted to help my teammates on our quest for the three peat.”

Durant was referring to his long-awaited return for the NBA Finals, which lasted barely one quarter, before he suffered the injury.

The two-times NBA Finals most valuable player (MVP) had missed the first four games of the series with a calf injury, and the Warriors had been excited to have him back for a game they had to win to stay alive.

Despite losing Durant early, the Warriors won 106-105 in Toronto to extend the best-of-seven series, which the Raptors lead 3-2 ahead of game six in Oakland, California on Thursday.

Kerr defended the decision to play Durant, saying it had been a collaborative one that included the player and his outside doctor.

“Would we go back and do it over again? Damn right, but that’s easy to say after the results,” Kerr told reporters on Wednesday.

“Our feeling was the worst thing that could happen would be a re-injury of the calf.

“Once Kevin was cleared to play he was comfortable with that, we were comfortable with that, so the Achilles came as a complete shock.”

Durant, 30, will miss at least the start of next season, because complete recovery from his type of injury can take up to a year.

Where Durant will play when he returns is another question.

He becomes a free agent at the end of the season, and before Monday’s injury there had been feverish speculation about whether he would stay with the Warriors.

The injury could prompt other teams to re-evaluate plans to make a play toward acquiring him.

(Reporting by Andrew Both in Cary, North Carolina,; Editing by Toby Davis and Ed Osmond)

Source: OANN

FILE PHOTO: New York State Attorney General Letitia James speaks at a news conference in New York
FILE PHOTO: New York State Attorney General Letitia James speaks at a news conference to announce the filing of a federal lawsuit in partnership with at least 10 U.S. state attorneys general to stop a proposed $26 billion merger of mobile carriers Sprint and T-Mobile in New York, U.S., June 11, 2019. REUTERS/Mike Segar/

June 12, 2019

By David Shepardson

WASHINGTON (Reuters) – The senior Democrat on the Federal Communications Commission on Wednesday criticized the FCC’s review of the proposed $26.5 billion tie-up of Sprint Corp and T-Mobile US Inc, saying Republican commissioners moved toward approving the merger without adequate economic and legal analysis.

“This is highly unusual. I have no economic analysis, legal analysis or paper before me and yet my colleagues have announced that they are going to support this transaction via press release,” FCC Commissioner Jessica Rosenworcel, told the Senate Commerce Committee during a hearing. “This is just the worst of what people expect from Washington. It looks like some backroom dealing.”

On May 20, FCC Chairman Ajit Pai, a Republican, recommended to his colleagues that they approve the deal. Commissioner Brendan Carr said he would vote to approve while the third Republican Mike O’Rielly said he was inclined to approve it.

Brian Hart, a spokesman for Pai, said “the chairman’s views and comments are based on the extensive public record that the commission has compiled over the last year.”

On Tuesday, 10 state attorneys general led by New York and California filed suit in New York against the firms and their parent companies Softbank Group Corp and Deutsche Telekom AG, seeking to block the merger which they say would hike consumer prices.

The Justice Department has not yet offered a view on whether the merger should proceed.

T-Mobile chief executive John Legere defended the deal after the attorney generals sued, saying on Twitter the “broad and deep nationwide 5G network we will build, is our best bet for America to truly compete on a global scale.”

Pai sent letters to some Democratic senators on Tuesday defending the review. Pai told Senator Richard Blumenthal, a Democrat, the agency followed a standard review process and was “more transparent” than usual by disclosing details of company commitments weeks before a formal order is circulated.

Some Democrats questioned the review and asked why Pai was not giving the public a chance to formally comment on the merger commitments.

Pai said he had no contact with anyone from the White House about the merger.

The FCC’s review process won backing from Republican senator Roy Blunt, who said the agency did not need to wait for the Justice Department.

“Not everybody agrees with the attorneys generals on this who frankly probably haven’t spent a whole lot of time thinking about this particular marketplace,” Blunt said.

(Reporting by David Shepardson; Editing by David Gregorio)

Source: OANN

FILE PHOTO: The Comcast NBC logo is shown on a building in Los Angeles, California
FILE PHOTO: The Comcast NBC logo is shown on a building in Los Angeles, California, U.S. June 13, 2018. REUTERS/Mike Blake

June 12, 2019

By Helen Coster

(Reuters) – Comcast Corp will more than double its investment in European original programming and start an in-house studio at its European unit Sky after Sky’s success with the mini-series “Chernobyl,” the company said on Wednesday.

The U.S. cable and media conglomerate will invest about $1.27 billion (about 1 billion pounds) in Sky Studios programming over the next five years.

“Chernobyl,” a dramatization of the 1986 Soviet nuclear disaster, was one of Sky’s most-watched original productions and a catalyst for the new investment, according to sources familiar with the company. The show, which aired on AT&T-owned HBO in the United States, stood out amid a flood of content available on Netflix and other streaming services to become part of the cultural zeitgeist.

Sky Studios will produce content for Comcast subsidiaries NBC and Universal Pictures as well as other distributors hungry for programming. It will focus on drama and comedy shot in English, Italian, German and other European languages, from low- to high-budget.

Philadelphia-based Comcast bought Sky in September, paying roughly $39 billion after outbidding 21st Century Fox in a months-long battle. In doing so, the U.S. telecom conglomerate expanded its reach into Europe and continued a move into content that accelerated with its 2011 acquisition of NBCUniversal.

News Corp Chairman Rupert Murdoch launched what was then Sky Television in 1989, building the company into a major European broadcaster over three decades.

(Reporting by Helen Coster; Editing by Cynthia Osterman)

Source: OANN

Current track