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http://www.reuters.com/article/us-sri-lanka-accident-idUSKBN17I0MX

http://www.reuters.com/article/us-sri-lanka-accident-idUSKBN17I0MX

Many feared buried as hopes dim after Sri Lanka garbage dump landslide

['Shihar Aneez and Ranga Sirilal']

01-01-2021

reuters.com

success_wayback

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[0.949999988079071]

['COLOMBO (Reuters) - The army launched a massive military campaign against Sri Lanka’s estimated 70-year-old buried garbage dump on Wednesday after bulldozers dug up rocks, landslides and banks, sparking an army disaster so unprecedented that many fear the ruins could be found.\nA man removes garbage in a landslide near Veerakaadivai Naval Park on the outskirts of Colombo January 1, 2018. REUTERS/Dinuka Liyanawatte\nPrime Minister Ranil Wickremesinghe on Wednesday joined the army’s raid on the ancient Sri Lankan fishing village of Veerakaadivai Naval Park, where the massive dump holds tonnes of rubbish due to clear-cutting and excavation work.\nVolunteers broke up the rocks and greenish soil to make way for the dump, a material from millions of years ago that has been mixed with water and being raised to fill in folds.\nThe looting has raised suspicions about the administration of Prime Minister Mahinda Rajapaksa, and the columbine-ripped island nation is living on top of its head in a bizarre 21st century that requires better planning and social housing.\n“I was gravely worried this disaster would happen again after years of such a lawless situation,” said Ketan Naidu, 72, the Army commander in charge of the army’s military operations and a local resident.\nThe army used three bulldozers that helped remove piles of trash. Every sign of destruction was visible as a heavily attended crowd gathered around the dump, and police fired warning shots to control the crowds.\n“For a few days, the town didn’t have any life left,” said Nagibayana Kaakoba, a government worker, who did not want to be named.\nArmy battalions smashed up the Demetriatic Rocks strip, an urban drainage facility, hoisting 20 mortar rounds in sandbags at an angle to dig deeper. It was hoped such dug-up rock could indicate how the massive dump is being excavated, another policeman said.\nHundreds of thousands of people live in the sprawling island that is in the midst of an ethnic war and has built up on small settlements straddling both sides.\nAs much as half the land and around 1.5 million people live in poor apartments and homes, according to analysts.\nRescue workers, a majority Buddhist Buddhist nation, cracked open the rocks and bashed in at least two banks. People with disabilities plunged open their windows.\nSWEDENING TACTICS\nMeanwhile, a set of slides used a water cannon to smash gaping holes in the soil. Huge spikes created openings that just fell through to the ground.\nDiners crouched in the thousands watching the soldiers strike. Others worked on bench lines and held shovels. One woman picked up her axe and screamed. She had been gutted by the force of a shift shift.\n“We wanted to bring revenge, we were scared, but this is a big shock,” said Viduka Meghtejha, 34, a photographer. “I am sick and tired of the abuse that surrounds the few SBI workers who can make a living doing whatever they are doing.”\nAt a heritage park in the River Awala, many shops and shops lined the land, from city-houses to graveyards. “People used to stroll before and after taking selfies with old men in the style of Eskimo,” said Binaweera Mohopane, 53, who showed a picture of the old Sri Lankan army minibus from the 1960s.\nDining hall after restaurant trashed by the soldiers quickly reopened. But most people still don’t know it was a pile of garbage dumping.\nLocal villagers have made their own point of protest by killing tribal people with axes and hammers to destroy home and house structures.\nAn army ranger, ordered to arrest government guards, told protesters: “It’s a lawless place. We cannot ban it.”\nSlideshow (2 Images)\nTension between the military and civilians has risen even in the city centre, where the boda boda franchise runs flower stands at all hours, and the 70-year-old rebel group Jamuna Maalatwe has roamed the streets.\nA statue of ex-tribe king Maasai soldiers is seen in an image of Colombo seen from the restored village of Veerakaadivai Naval Park. REUTERS/Dinuka Liyanawatte\n']

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http://www.reuters.com/article/us-saudi-projects-idUSKBN17I0GM

http://www.reuters.com/article/us-saudi-projects-idUSKBN17I0GM

Exclusive: Saudi to shelve, reform billions of dollars of unfinished projects - sources

['Marwa Rashad']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["ALGONA, Saudi Arabia (Reuters) - Royal Saudi Aramco (ARK) will not be able to overhaul its much-criticized public works projects, sources said, amid pressure from shareholders and creditors who have started to consider bids for the troubled company.\nFILE PHOTO: A logo for Royal Saudi Aramco is pictured outside the headquarters in Saudi Arabia's south-western Al Faraqat city January 30, 2014. REUTERS/Adham Al-Rubaye/File Photo\nChief Executive Wilbur Ross said his company would not spend more than the estimated $1 billion it has spent in the last six years, because other things cannot be funded.\nPlans for a $12 billion transport deal, which has stalled and is awaiting approval from Saudi state-owned oil producer Saudi Aramco, “are currently in the early stages,” Ross said in a statement. “We are working hard to take advantage of changes in our labor structure and to close out our projects.”\nAramco is running a cash crisis of $6.7 billion after a year of operating losses and sale losses. It is also under mounting pressure from Gulf state and international creditors, many of whom expect Aramco’s financing to improve in the years ahead.\nAramco plans to close 16 projects next year, as part of a plan to cut $38 billion of expenditure by 2022, its second-biggest cost after oil.\nAn acquisition through an IPO planned this year at a price of $101 billion would back management into retooling the public works system, the top executive said last month.\n“The (spending) plan is in the final stages and some activities are being completed,” said a top Aramco official. “This program has significant structural issues and, at this point, there are some unique challenges for Aramco.”\nAramco will be hampered in a bid to modernize its operations as part of a wider restructuring, a deal that was agreed on by shareholders in November and could fetch as much as $33 billion in private equity.\nOne Saudi businessman said American backers, including Rockwell Collins, could be involved in other infrastructure deals and may also be interested in bidding for the country’s $1 trillion fast-growing construction industry.\nSome analysts said they expected some move by shareholders to seek changes in Aramco’s management, leading to an interest by large shareholders and political opposition to a resolution.\n“No shareholder group has advocated any change for at least the past six months, as the company continues to generate billions of dollars of earnings, which investors do not want to see any more,” said Etienne Gunrins, CEO of Frontline Capital Management, a leading fund manager for the Middle East investments group.\nThe leaders of the 73 percent holding groups voting against the move include three of the kingdom’s richest businessmen - billionaire brothers Waleed and Baba Al-Fadhli; former top law minister and the leader of the powerful People’s Council, Sheikh Mansour Al-Ahmad Al-Jaber Al-Sabah; and Goldman Sachs Group Inc.\nSALE OPTIONS\nBritain’s BAE Systems and Norway’s Statoil both made options on their executives worth up to $17 billion for the company, and analysts said that in their position, executives like Ross could not sell their stake.\nWhile BAE and Statoil, which listed their shares on London stock exchanges in November, did not respond to requests for comment, both groups have indicated they are interested in a share sale. A smaller alternative may be Barca parent Platts , which plans to sell its entire stake in Aramco to raise cash.\nTesco is already preparing a sale of the Middle East’s biggest listed retailer, though Tesco and its other top shareholders, partly owned by Abu Dhabi royal family members, are not privy to what details are being discussed, according to sources familiar with the matter.\nNeither company said what they might include in their offer.\nPlatts, which also runs a commodities trading portfolio under the moniker Shell, said it would not consider the proposal for oil. Shell declined to comment.\nUp to 1.45 billion of Aramco’s shares that should be resold or swapped with other companies are owned by firms controlled by influential family trusts such as Saudi Prince Alwaleed Al-Faisal, the crown prince, and the two brothers’ son.\nThose who either own or control the group or are advised by the prince on a sale are often top buyers.\n"]

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http://www.reuters.com/article/us-usa-court-church-idUSKBN17I0BA

http://www.reuters.com/article/us-usa-court-church-idUSKBN17I0BA

With Trump pick aboard, top U.S. court tackles religious rights

['Andrew Chung']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['SAN FRANCISCO (Reuters) - U.S. officials, lawyers and justices on Monday turned to Texas and New Jersey courts to address a question raised by President Donald Trump’s nominee to head the U.S. Department of Justice, Judge Jerome Powell.\nThe dispute could have potentially rippled across the federal government, depriving American citizens of equal protection under the law and deny them the same opportunity to speak up. Powell voted against Lynch, saying she was too thin-skinned to be handled justice by the courts.\nThe Texas case has already led to hundreds of cases of conflicting laws against the teaching of religion at schools. Last year, a federal judge in Dallas struck down a New Jersey law that would have allowed religiously unaffiliated students to attend a public school and spend more time attending school.\nThe court that eventually gave Lynch a shot at the nomination to head the Department of Justice said it will review her potential qualifications, but that it will move to require her to reflect and observe what she knows on the judicial bench.\nIf confirmed, Lynch would create an expansive law that allows for religious schools to refuse to teach children religious material, including material which denies women birth control or promotes abortion. She would also be given power to impose restrictions on the media.\nThose prohibitions follow a 1999 case against the Massachusetts Institute of Technology because it reported that, among other things, that girls who studied religion at the famed Massachusetts school objected to gender-based discrimination.\nThere are also several cases still pending in the U.S. Supreme Court in which the administration has opted not to force religious schools to teach non-traditional Christian activities such as learning about evolution or animals.\nA few of the cases have a different date and time to resolve. Texas’ lawsuit challenges the 2003 statute barring Barton County, Texas, for banning the use of unmanned drones, is still pending.\nU.S. Circuit Judge Augustin Abood of the North Austin-based 8th U.S. Circuit Court of Appeals in Philadelphia told Powell on Monday that he would issue his final order on a possible review of the matter on Feb. 10.\nIt is not clear whether the court would back Abood’s decision.\nIf the case is held in December, a decision will have to be issued if the federal government wants to appeal.\n']

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http://www.reuters.com/article/us-charter-nex-m-a-leonardgreen-idUSKBN17I0LD

http://www.reuters.com/article/us-charter-nex-m-a-leonardgreen-idUSKBN17I0LD

Buyout firm Leonard Green nears $1.5 billion acquisition of Charter NEX: sources

['Greg Roumeliotis']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - The owner of the Boston-based venture capital firm Charter NEX plans to announce details of a deal to buy the advisory firm Charter NEX in the first quarter of 2019 after a close in the fourth quarter, four sources close to the matter said on Thursday.\nThe U.S. financial services company said in November it had rejected a takeover offer of the Boston-based firm, partially because it did not yet have the capital to pursue the deal. The sources, who were not authorized to speak publicly about the pending deal, told Reuters that Leonard Green, Charter NEX’s founder and chairman, is still considering its approach.\nThe terms of the deal were not disclosed.\nLeonard Green LLC, which owns Charter NEX through its affiliate venture firm Clearwire Corp, has been interested in Charter NEX for several years, industry sources have said. Charter NEX founder and Chief Executive Craig Miller is listed as a shareholder on ailing corporate filings.\nThirteen people familiar with Charter NEX had told Reuters last year that the company was no longer interested in Charter NEX but was willing to work with it for a number of years. Earlier this month, the company confirmed Charter NEX was No. 4 on the Fortune 500 list.\nCharter NEX was founded in 2002 and is listed on both the U.S. and New York Stock Exchanges, although its registered addresses are not disclosed on its website.\nThe company is reported to be seeking around $1.50 billion, or roughly $0.27 per share, in cash for its purchase of Charter NEX, said one of the sources. The deal is not close to the annual midpoint of Charter NEX’s reported funding requirement of $120 million and undervalues Charter NEX, the sources said.\n']

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http://www.reuters.com/article/us-northkorea-usa-syria-idUSKBN17J171

http://www.reuters.com/article/us-northkorea-usa-syria-idUSKBN17J171

Syrian envoy slams U.S. airfield attack ’message’ to North Korea

['Sue-Lin Wong']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['BEIRUT (Reuters) - Syrian envoy Ghassan Oyoub criticized President Donald Trump’s decision to launch air strikes against U.S. troops in South Korea on Saturday, saying it showed Washington had not been sincere about ending Iran’s nuclear ambitions.\nTensions over the Korean peninsula have been growing in recent weeks with Trump’s campaign pledge to support a deal to end the Korean War that was narrowly defeated this week in Seoul after years of estrangement between Moscow and Beijing.\n“The U.S. should think again, in the moment, about the irrevocable and irreversible consequences of this conflict on the Korean peninsula,” Oyoub said after a meeting with his North Korean counterpart, Fadl al-Sayyid.\n“This is a message to North Korea, which destroyed the test site, ignored its human rights violations, and then went to the U.S. for stealth delivery of nuclear weapons,” he said.\nU.S. officials said on Thursday that they were considering whether to launch a strike at the Yongbyon nuclear complex, one of North Korea’s most advanced.\nThe U.S. military responded by launching nine strikes on the Yongbyon complex in late November with 12- and 14-round cruise missiles to deter North Korea’s nuclear test and launch reactor launches, although diplomats said the latter was deliberately delayed.\nThe Trump administration, unhappy with the price it paid for two air strikes on North Korea, issued a statement on Thursday.\nBut North Korea said in a statement on Saturday it was pleased that Trump had agreed to take action, saying U.S. action was needed as a deterrent to further provocations.\n“The U.S. side, after seeing the message of the U.S. going to the United Nations Security Council to punish Pyongyang for its nuclear strike, was made aware of the work of the U.S. administration towards its nuclear diplomacy,” the statement said.\nWashington says North Korea’s nuclear programme is peaceful. But it disputes some U.N. estimates, accusing the Republican-led government of curtailing peace efforts.\nIran said on Saturday it was ready to cooperate with the U.S. on military action against North Korea, but the White House said Pyongyang was involved in a variety of policy challenges.\n']

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http://www.reuters.com/article/us-cleveland-murder-idUSKBN17J159

http://www.reuters.com/article/us-cleveland-murder-idUSKBN17J159

Cleveland police widen manhunt for Facebook murder suspect

['Peter Szekely and Timothy Mclaughlin']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["(Reuters) - A man wanted for a string of assaults on Facebook Inc Chief Executive Mark Zuckerberg and other top executives was expanded by two Cleveland police officers on Friday to remain on the FBI’s most wanted list as of Monday.\nBrendan Nester Hogue, a 44-year-old computer programmer and native of Brooklyn, New York, was sought in Cleveland, about 30 miles (48 km) west of Cleveland, in connection with the brutal assault on Facebook’s executive chairman, who owned the popular messaging app WhatsApp, on Dec. 30.\nThe two officers assigned to the Glynn County, New York, police were put on paid alert on Thursday night when a computer-crimes warrant was issued by New York and Cleveland authorities for Hogue. Hogue is wanted on charges of assault on a police officer and kidnapping, both felonies.\nFacebook has been under fire since a May 20 search of its headquarters. The FBI has since blamed the disclosure on a social media company culture that fosters an Internet culture that allows predators to use Twitter and other tactics to acquire and silence dissent.\nInvestigators have widened the search to include Hogue, who is considered a fugitive.\nInvestigators also renewed their search for a York County man, 44-year-old Harvey M. Stanley, who they say is the cousin of Facebook founder Mark Zuckerberg.\n“We feel safe doing this because Mr. Stanley brings with him a high level of sophistication,” said Catherine Montgomery, the Cleveland police chief who has been leading the search for Stanley.\nHalston Johnson, a spokesman for the FBI, confirmed the expanded search and said he was unaware of any specific investigation into Stanley.\nWoody Emerson, the local police chief, said he had been told by Cleveland authorities that one of the two officers who were assigned to the city was wanted.\n“That’s why we’re still here,” Emerson said.\nAustin Still, a computer programming instructor, told Fox4NewYork on Friday the FBI request to Hogue was for a court order to investigate contact between Hogue and Stanford University.\nStill, he said he had not seen Hogue in person for the time being.\nOwen Edwards, the director of research for Fusion Analytics, which tracks social media behavior, said he had not seen any “specific problem with Mr. Stanley.”\nIt remains unclear what effect Hogue’s arrest will have on the popularity of WhatsApp, popular in the United States and Britain for its many free messaging apps. WhatsApp allows phone numbers to be shared for up to 24 hours, but is available only to people under 15.\nFacebook declined to comment on whether Hogue would remain on the FBI’s latest list of people who pose a risk to the security of Americans.\n“To call it a change ... is to dismiss potential operational vulnerabilities and it is also to call attention to the fact that there are new things that are coming to WhatsApp,” said John Cook, a cyber security expert.\n“The information that's out there provides some insight into the criminal acts that are happening on WhatsApp.”\nHogue was employed as an intern at University of Michigan in the 1990s. He had completed a Web design degree there.\nFacebook declined to comment on whether Hogue had worked for the FBI when he was hired as an intern.\nIn the case of Facebook’s blockbuster financial report in 2015, which generated headlines around the world, an email from a then-Chief Financial Officer Mark Zuckerberg to some investors found that the social network had mischaracterized the report, which said the company had sold $3.3 billion in private equity and other investments in the years immediately following the IPO.\nThe FBI sought to escalate the situation by warning that Hogue may pose a danger to government officials in Shanghai and other nearby cities.\nA spokesman for Lenovo said earlier this week that the company does not own WhatsApp, and the question was whether the firm had “knowingly disclosed” that it was holding a security advisory at its unit.\nNeither Hogue nor Lenovo could be reached for comment.\n"]

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http://www.reuters.com/article/us-france-election-pen-idUSKBN17J1FU

http://www.reuters.com/article/us-france-election-pen-idUSKBN17J1FU

’I will protect you!’ Le Pen tells voters ahead of presidential election

['Ingrid Melander and Philippe Wojazer']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["PARIS (Reuters) - Le Pen reminded voters ahead of France’s presidential election on Friday she would protect the environment, be tough on immigration and impose limits on social security cuts, while urging voters to vote for the “extreme conservative” Emmanuel Macron.\nFILE PHOTO: French President Emmanuel Macron meets French Vice President for Transport Arnaud Montebourg in Paris, France, September 29, 2018. REUTERS/Charles Platiau/File Photo\nProtesters staged a march in Paris on Friday afternoon and Le Pen said she would defend the environment, paying a heavy price for her success at supporting France’s far-right ahead of the vote.\nPollsters have shown Le Pen taking 29.4 percent of the vote, with Macron coming in second with 13.1 percent, ahead of U.S. rival Donald Trump with 10.5 percent.\nSpeaking to a crowd near the Fendi Christian Dior runway in Paris on Friday, Le Pen said that only marriage and children were an obstacle to good living.\n“If my country ever had a law to protect us from climate change, then the law should be this law,” she said.\nEarlier, British Prime Minister Theresa May defended France’s roots in the quest for prosperity against critics who have accused the country of defending values from Europe.\n“France has over 250 million people. That includes small farmers, preachers, miners, there is far more indigenous people in France than in France,” May told the BBC on Friday.\n“Their economic success depends on our success in a good way, the best way is to continue to sustain them. But we can also continue to maintain the work of the Paris Climate Agreement, which France has been part of for 30 years,” she said.\nLe Pen has faced growing criticism from abroad and within the French right from left and right for her policies on climate change, whether it’s women’s rights or her influence with young voters.\nPresident Emmanuel Macron visits France's Parliament at Strasbourg, France, November 28, 2018. REUTERS/Regis Duvignau\nOn Friday, the former pharmaceutical executive and daughter of assassinated President Francois Hollande said the press failed her a bit, she accused her top aide of disregarding her wishes and pledged not to speak ill of either.\n“I will do anything to protect my family, my friends, and my country,” she said.\nConservatives hailed her as another example of a woman taking risks ahead of a campaign dominated by infighting and populism at all levels.\nFrancois Maurey, the former leader of the National Front party, said that the man who has survived most presidential and parliamentary campaigns was a man with a clear mind, not a woman.\n“In every language, I say to Mr Macron: God, make me a man. Here’s a man who is born a woman. I am a man,” he said, pointing to Macron’s wife Brigitte.\n"]

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http://www.reuters.com/article/us-arkansas-execution-idUSKBN17J1D3

http://www.reuters.com/article/us-arkansas-execution-idUSKBN17J1D3

Arkansas court halts two executions, U.S. court OKs others

['Steve Barnes']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: U.S. Coroner Robert Bowles adjusts the magnifying glass to compose a portrait of Dr. Donald Kripps, a bullet-riddled body in the courtroom in Eureka, Arkansas, U.S., April 2, 2018. REUTERS/Mike Blake/File Photo\nEDINBURG, Texas (Reuters) - An Arkansas court partially lifted a restraining order limiting execution commutations on Tuesday after the Texas death penalty was withdrawn.\nA 15-day U.S. Circuit Court of Appeals judge, Keith Dixon, blocked execution of 71-year-old Freddie Gray on Friday after the government entered a medical opinion saying the name was wrong.\nMadvillon Balcomb was also dismissed from Friday’s scheduled execution after prosecutors objected to the governor’s request to temporarily lift the temporary restraining order.\nGray, a black man with long African hair, was removed from the death row six days earlier for refusing to drop a lethal injection. He died last week in police custody.\n“This issue may no longer have an effect,” Dixon said, citing an initial written decision by U.S. District Judge Jeffrey Sutton on Monday that certified Gray’s execution Friday night in Eureka, the capital city.\nThe court ordered Gray’s execution back on December 22, three days before Gray was scheduled to die. The attorney general’s office said on Tuesday it has withdrawn charges against Gray’s lead defense attorney, and ordered “every effort to ensure his final appeal is successful.”\nA spokeswoman for lawyers for Gray did not immediately respond to a request for comment.\nFollowing the government’s decision, Texas officials stepped up execution dates for the Carter administration’s six additional executions starting next month. The state’s executions averaged 15 execution per day for the past two years, with some due on Feb. 6.\nGeorgia, South Carolina and Oklahoma have all halted executions in recent months.\nThe U.S. Supreme Court typically addresses executions with the controversial death penalty, and Texas was among those that granted injunctions against the state after Gray was removed from the death row on Friday.\nA Taylor County judge blocked Tulsa-based Teixeira Funeral Home from obtaining the permit to process the execution for a new Clayton Lockett, leading the Tulsa-based company to file a lawsuit on Monday and to withdraw.\nThe Texas death penalty prompted the central U.S. city of Dallas to cancel executions in November. It followed an unsuccessful ban from Georgia in December.\n']

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http://www.reuters.com/article/us-brazil-corruption-temer-idUSKBN17J151?il=0

http://www.reuters.com/article/us-brazil-corruption-temer-idUSKBN17J151?il=0

Brazil’s president says ministers under investigation may resign

['Alonso Soto and Lisandra Paraguassu']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["SAO PAULO/BRASILIA (Reuters) - Brazil’s president said on Monday all ministers should resign as he demanded their immediate departure as a purge is underway after three of his ministers were accused of corruption.\nBrazil's President Michel Temer shakes hands with Secretary of Finance Rodrigo Maia as they attend a prayer held in a heavily Roman Catholic cathedral in Brasilia, Brazil, December 4, 2018. BRD/Handout via REUTERS\nPresident Michel Temer has yet to make a final decision on Temer’s replacement and has yet to set a date for a constitutional referendum.\nMany on Brazil’s public and political right want Temer to resign at his first news conference since a corruption scandal erupted this week, but about 40 percent of the electorate backed Temer last month.\n“It’s going to be very hard for me to do a calm job,” Temer told state television station EFE when asked if the majority had voted his people against him in his face-off with the scandal.\nBut the former constitutional official said cabinet ministers or senior judges under investigation should resign immediately.\nThe U.S. Treasury’s special counsel in Brazil said on Monday the three ministers have been linked to accusations that former federal President Luiz Inacio Lula da Silva was involved in a scheme that was to collect kickbacks from state oil company Petroleo Brasileiro SA (PETR4.SA) for the awarding of offshore natural gas contracts.\nProsecutors allege that the chief prosecutor in charge of Lula’s case orchestrated a pre-election campaign to get two senators to run as opponents of the president to avoid being charged with corruption.\nAn investigation was launched into 25 other politicians who are suspected of graft, including Lt. Gen. Rodrigo Lara, heads of one state judiciary authority, Rio de Janeiro state’s Internal Security Service and a now-retired Justice Minister Pedro Pires.\nSuch accusations have angered Temer, who has insisted he has nothing to hide, though it has not resulted in a criminal investigation that has exceeded 1,000 suspected illegal activities for personal gain and corruption.\nOther lawmakers suspended by the legislature are Temer’s deputy Dilma Rousseff and former union head Efraim Zuroff. Rousseff is currently on trial for misuse of public funds in 2017.\n“Temer is very tired and a bit short-tempered, and given the talk we’ve seen in the media, it will continue,” said Alejandro Penna, director of a center for political and business leaders in Sao Paulo.\nTemer also said he did not want to increase public spending, noting that public spending was a “plummeting” national deficit to 3.4 percent of gross domestic product by 2022 compared with the previous U.S. five-year average of 2.5 percent.\nThe political environment is expected to be tense even before June’s election in what Temer said will be the next presidential elections.\nRousseff is likely to face charges in 2018 related to alleged financial ties between the presidency and her state’s two leading rival, state energy minister Roberto Ardern. That could either trigger a populist backlash, lessening Temer’s powers, or require an abrupt general election in the middle of the year.\n"]

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http://www.reuters.com/article/us-india-politics-religion-insight-idUSKBN17J1SO?il=0

http://www.reuters.com/article/us-india-politics-religion-insight-idUSKBN17J1SO?il=0

Hardline Hindu youth call the shots on streets of northern India

['Rupam Jain']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["YUAGO (Reuters) - Last month saw the deceptively simple symbols on street clothes and in official citizens’ cemeteries, going viral in India because of rising death tolls, religious strife and taboo that some feel prevent a Hindu society from sustainable living.\nIn the northern state of Uttar Pradesh, communal violence and political violence will consume most of the state for several months. Last year saw the rise of Hindu nationalist BJP and other jubilant Hindu minorities as well as religious extremist groups seeking to disrupt the state’s prosperity.\nSo far this month, three Hindu youths have been shot dead in New Delhi. The shootings targeted men along the flyover road leading to a meeting between Hindu minority leaders, some of whom are key figures in the BJP, and Muslims, whose personal beliefs point towards anti-India politics.\nIndian Hindu social media users spread the word of the attacks on Uppal Valley late last month. Uttar Pradesh Governor P. Chidambaram and Chief Minister Akhilesh Yadav also visited the site to seek input from the state police before commenting.\nA camera walk through the courtyard of the Ram Charan Hindu Community Hall in Amritsar, Uttar Pradesh, India January 1, 2017. REUTERS/Adnan Abidi\n“I couldn’t believe this,” said Yogendra Yadav, a 24-year-old pyramidal demonstrator whose most recent violent act was to drive a car carrying three young Muslims to an international conference, where the police were to perform a security crackdown. “I felt to this day that it would end tomorrow.”\nTensions are high even among religion-based Hindu politicians like Yadav and the state’s six ethnic Hazara tribes, who have publicly feuded over issues including discrimination and culture. The latest violence in the state, which includes Uppal, may raise concern, yet there is little argument in other Indian states over how to stem violence from certain groups.\nAn emblem of an orthodox Hindu religious minority, the Kargil River falls through a meadow in India's central plains, India, July 14, 2018. REUTERS/Amit Dave\n“If I were a Hindu sitting down in Kargil, I could not count the number of virgins among my people. If I were a Muslim, I would get the dreaded terrorist and then I would chase him around. I am over-burdened,” said Sunita Baise, a 38-year-old Congress party supporter and car park attendant.\nThe wave of sectarian violence left six Hindu Hindus dead in the past six months, hit even hard by the election of Modi in Uttar Pradesh, the state’s most populous region.\nViolence between different sects continues and is being carried out frequently. Thousands of protesters swarmed on an anti-demonstration in the western state of Bihar in December after the state parliament voted overwhelmingly in favour of an Islamist militant leader who had vowed to fight India’s Muslim minority.\n“Waking up for two years I never thought it was going to be like this. We all created this mess, and now it is back to square one,” said Odisha’s Anzarya, who spoke in a Hindu nationalist’s language.\n"]

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http://www.reuters.com/article/us-japan-aerospace-mrj-analysis-idUSKBN17J1ST?il=0

http://www.reuters.com/article/us-japan-aerospace-mrj-analysis-idUSKBN17J1ST?il=0

Japan jet may not make money, but aims to revive dormant industry

['Tim Kelly and Maki Shiraki']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['TOKYO (Reuters) - Japan’s main jetliner, the Komatsu Airlines, is near the end of a development process to revamp itself after a string of failures and regional jet sales are unlikely to help sales this year, an industry consultant said on Monday.\nThe world’s second largest airline said last week it would consider funding the project after struggling to attract buyers. The panel may suggest such a move in a final agreement between the two firms.\n“Without the well-received financial condition of Japan’s economy, exports and airlines are unlikely to increase or will fail in the coming months,” Aengsushi Hosai, chief strategy officer at research firm MAK Global Airlines and a former senior vice president at Embraer.\nAs the industry has undergone a phase of sales and development, what would be the impact of customers returning without jet jets?\n“It’s unlikely that Japan will become the cheapest-priced world airline in a single year. This is because two pilots for the B-47 bombers who flew them have been left with little cash at a time when the company’s bankruptcy filings have piled up the cash.”\nThat would put Japan’s first branch of the aerospace industry at risk, the consultant added. “Japan’s oldest and the third-largest plane maker, UTC Aerospace Systems Inc (now called UTC Aerospace Systems) is on track to close on revenues of about $30 billion by 2023, assuming all aircraft sales by 2025 with revamped pricing rules.”\nThe Komatsu oil plane did not do well at an upswing in sales last year, according to evidence from research firm Lipton Carphone. The company’s network, which has around 800 planes based in 19 countries, is seen hurting exports.\nThe makers of the second Komatsu, aircraft manufacturer Pegatron Corp and other firms were also at risk of losing more customers this year, as losses continue to mount and demand comes down from earlier peak demand.\n“A weak order book, high expectations for output and the timing of growth will lead to netbook price inflation in the coming months,” the consultancy’s Hosai said.\nCustomers will suffer from Malaysia Airlines’ fall of exports, costing the biggest new customer a $10 billion order worth around $8 billion.\nNAIROBI TRIPS\nJapan’s biggest destination for global flights is Boston in the United States, Boeing and Airbus, Bombardier and United Air Lines.\nAs the sector grapples with exports falling by about 10 percent, perhaps as a result of its sudden loss of market share in non-U.S. markets, particularly in Europe, Abe has been trying to revive local rival Bombardier as a prelude to winning a new passenger jet package.\nThe 71-seat regional jetmaker is hoping to produce 50 aircraft in 2021 with sales a sixth of last year.\nReliance Communications Ltd, which built the first Embraer CRJ700 aircraft, could emerge as a major winner in an aircraft-oriented fuel-price wave that may cost $80 billion.\nCarbon-heavy technology giant Rolls-Royce Holdings Plc is also looking to order a second Bombardier CRJ200 aircraft from a company like that once owned by United Embraer.\nThe airline has also made steady progress with production of engines and an engine development programme that is not working properly. Meanwhile, Boeing’s I/O aircraft may not be ready until 2020, the analyst said.\n“Demand for these low-cost technologies is fading rapidly and even new airline customers have no presence in Japan. The potential customer base for these low-cost technologies will be very small,” the consultant said.\n']

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http://www.reuters.com/article/us-fedex-doj-idUSKBN17J1TB?il=0

http://www.reuters.com/article/us-fedex-doj-idUSKBN17J1TB?il=0

U.S. prosecutors to monitor corporate cases after failed FedEx trial

['Dan Levine']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['NEW YORK (Reuters) - U.S. prosecutors will monitor companies within the last year and their financial activities to take into account the conduct of their board members, one of the latest steps to monitor the disclosure process ahead of the top ruling on a Justice Department claim against FedEx Corp\nA FedEx sign is seen at an office and warehouse in Brooklyn, New York, U.S., January 30, 2017. REUTERS/Shannon Stapleton\nAfter FedEx’s (FDX.N) rejection of a probe of the company’s cargo tracking program “knowlege” that threatened to inhibit the firm’s ability to get deposits, the Justice Department has issued subpoenas for its own attorneys.\nFedEx has already paid $12 million in legal fees to the government. Company executives have been asked to testify in favor of the department, meaning they may now address questions that could potentially implicate the company.\nThe Justice Department in January found that FedEx violated rules prohibiting corporate board members from exposing themselves to government oversight.\nThe department requested a subpoena for 10 directors it believes were responsible for unlawfully disclosing financial transactions. The document requests the payments of nearly 1,000 people, including many outside board members.\nFedEx had originally told the company’s auditors in 2013 that a “robust” unit conducting similar tracking in the past “express[ed] concern” about the criminal program and called for its disclosure.\nThis week, the Justice Department renewed that request, but at what point will the department investigate whether to pursue a case brought by the Securities and Exchange Commission?\n“We are pleased that it is now law,” FedEx spokeswoman Carolyn Stape said on Tuesday in a statement. “We are committed to providing the full facts to the Court and have no further comment at this time.”\nA spokesman for the SEC declined to comment.\nJudges will hear any number of evidence from the government to determine whether FedEx knew or should have disclosed the criminal data.\nThe case against FedEx is Chesapeake Energy Corp (CHK.N) vs. FedEx Corporation, U.S. Bankruptcy Court, District of New York.\n']

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http://www.reuters.com/article/us-brazil-corruption-idUSKBN17F2CK?il=0

http://www.reuters.com/article/us-brazil-corruption-idUSKBN17F2CK?il=0

Brazil’s Temer calls $40 million Odebrecht bribe accusation ’a lie’

['Lisandra Paraguassu and Pedro Fonseca']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['BRASILIA/ABU DHABI/SAO PAULO, Jan 1 (Reuters) - Brazil’s President Michel Temer accused an influential businessman on Tuesday of attempting to bribe him to help win a construction contract for the construction of the state of Rio de Janeiro.\nLocal media also reported that Brazilian authorities had a criminal complaint filed against one of Temer’s partners, Odebrecht, for two years on corruption charges but did not give specifics.\n“The prosecutor’s office says that the targeted businessman knew the bidding process was all dirty, to try to bribe Temer with the winner’s loot,” Temer’s office said in a statement.\n“The prosecutor’s office confirms that the he was successful and effectively engaged in a legitimate project project designed to bring financial stability and good employment to the people of Rio de Janeiro.”\nTemer, whose conservative government has promised massive infrastructure spending and tax cuts, vowed on Jan. 2 to “fully cooperate” with the federal authorities on any investigations.\nBut few have directly accused Temer, who last year launched an investigation into allegations of drug and corruption at construction companies in Rio and neighboring states and is accused of failing to carry out required financial investigations.\nTemer said during his election campaign in 2014 that the two co-chairs of the state-run Eduardo Campos-led construction conglomerate, Tecniz de Sao Paulo, had engineered a federal contract for the construction of the Olympic Games.\n“We need to be good stewards of Rio de Janeiro,” Temer said.\nTecniz did not respond to Reuters requests for comment.\nKline and Pereira, Temer’s partners, have been accused by Brazil’s Investigative Disciplinary Unit and the Committee to Protect Journalists (CPJ) of promoting corruption, favoring their nominees, and of facilitating a transparent bidding process.\nAccording to the U.S. prosecutors’ complaint, one of Temer’s co-chairmen even went on to win construction contracts for his company.\nTemer’s former finance minister Antonio Costa has said the Temer-led panel had been vindicated by the beating he received from the authorities.\nCosta, who has denied allegations of wrongdoing, said in a video that the Temer-led federal construction companies helped try to bribe him out of $23 million.\nTemer’s office did not respond to Reuters requests for comment.\nA State-run energy firm in Rio would own 60 percent of the $420 billion state-run corporation (CERCO) Brasil Yucatan state by then, and run the $12 billion corporation under the City of Riovision, a state-run company owned by Temer himself.\nIn 2015, Finance Minister Henrique Meirelles said the three partners who together owned Brasil were a “terrorist group” that had “rotated deep into the country.”\n']

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http://www.reuters.com/article/us-cyber-heist-idUSKBN17J1N4?il=0

http://www.reuters.com/article/us-cyber-heist-idUSKBN17J1N4?il=0

SWIFT warns on vendor security after documents leaked by hackers

['Jim Finkle']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - SIFT HSB (SWIFT.N) said on Wednesday it would quickly respond to what it described as a “very serious cyber attack” of its digital payments business after being hacked by a UK computer security company.\nA shop worker at a hotel in Seoul, South Korea January 27, 2015. REUTERS/Kim Hong-Ji\nSwift’s suspicious activity exposed information about third-party vendor Logic Technologies, where suspected hackers had been sources of fraud that contributed to recent cyber attacks against the business and private company NDS.\nThe disclosure prompted hackers to respond on Twitter to its vulnerability blog, asking why such a situation existed. To prompt response, BTC returned to the EDO blog, writing: “Responding to an email alert in connection with a series of security breaches which occur in our platform banking business. These actions result in the inclusion of KCD/SS+ licence by Linked In Limited in Transactions data.”\nLSES denied any responsibility for the fraud and said no security lapses had led to the breach.\nSwift said it had put in place safeguards to prevent the hack from happening again.\nReuters reported last month that the company’s cyber security subsidiary GDV-HuX had been compromised by hackers in North Korea who infiltrated its data services.\n']

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http://www.reuters.com/article/us-brazil-corruption-usa-idUSKBN17J1A7?il=0

http://www.reuters.com/article/us-brazil-corruption-usa-idUSKBN17J1A7?il=0

U.S. judge approves $2.6 billion fine for Odebrecht in corruption case

['Brendan Pierson']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - A U.S. judge on Tuesday approved $2.6 billion in federal payments related to a $680 million bribery case against two former top executive and ex-DDB Nigeria executives.\nThe logo of DDB Nigeria is pictured in downtown Londonderry, New Hampshire July 24, 2013. REUTERS/Brian Snyder\nU.S. District Judge Joan Stohl in Chicago rejected their applications for 90-day injunctions to expedite future payments, according to court records.\nThe government and Odebrecht, the Swiss company that helped win the U.S. government’s effort to shield Brazilian billionaire Gérard Bosch from a $7 billion bid by prosecutors, said they would appeal.\nCongress, controlled by a powerful Democratic majority, authorized the victims’ compensation payments last December.\nBosch’s lawyers had said they would appeal and told Judge Stohl that if Congress extended the stay, it would “establish a timeline to resolve the matters” for them.\n']

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http://www.reuters.com/article/us-usa-mideast-mattis-idUSKBN17J1RA?il=0

http://www.reuters.com/article/us-usa-mideast-mattis-idUSKBN17J1RA?il=0

Yemen war needs a political solution: U.S. defense secretary

['Idrees Ali']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - U.S. Defense Secretary Jim Mattis gave a sharp warning on Thursday to Congress and the White House about conflict in Yemen, where U.S. allies including Saudi Arabia and the United Arab Emirates have pledged to help Yemenis overthrow the Houthi-led government.\nU.S. Defense Secretary Jim Mattis (L) listens to Secretary of State Rex Tillerson (R) and President Donald Trump (C) speak during the State of the Union at the White House in Washington, U.S., January 1, 2021. REUTERS/Joshua Roberts\nOne of the signs of the U.S. relationship with Saudi Arabia, which has supported the Yemeni government but harbored Shiite rebels, also pointed to the conflict in Yemen, which has killed more than 1,600 people.\nU.S. Secretary of State Rex Tillerson said a stronger military presence in Yemen - the country is going through a political upheaval and full-scale civil war - should help address the conflict.\n“People are feeling the urgency on the front lines to resolve this war now,” Tillerson told reporters after arriving in Yemen for an annual trip to promote U.S. arms sales.\n“We are going to be successful,” he said, adding that “military options on the front line, if we could, to address the conflict in Yemen” were now on the table.\n“In some cases, we’re willing to include partners such as the U.S. in this effort,” Tillerson said.\nU.S. Defense Secretary Jim Mattis arrives on the leg of a delegation at their departure to arrive in Jeddah, Saudi Arabia, February 14, 2019. REUTERS/Adrees Latif\nOn his first day as Pentagon chief, Mattis is on his first foreign tour since he took charge of the post of defense secretary last summer.\nThe United States, a key ally in the war, has stepped up $13 billion worth of humanitarian aid to Yemen this year and is building many additional facilities, including schools, hospitals and spare parts for aircraft, Mattis said.\n“From the U.S. perspective, it’s always been part of our agreement,” he said. “And it’s fair to say that the discussion around (and funding) is what I’m going to talk about next week.”\nA Reuters investigation earlier this month found no evidence the Saudi-led coalition’s air campaign has driven away civilians, sparking anger among Gulf allies in the Gulf region, and sparking Saudi Arabia’s support for the Houthis.\nSlideshow (2 Images)\nMilitary officials said the U.S. was expanding help to Yemen’s government in an effort to cut the region’s humanitarian flow, reduce pressure on refugees, and improve its security.\nSeparately, the Yemen government on Wednesday signed a deal to open a peacekeeping mission to mediate a political transition, likely paving the way for talks between Yemen’s opposition and government leaders set for a Feb. 25 deadline.\nSeparately, the U.S. said in the first news conference since Tillerson was in Yemen, he would no longer impose any sort of trade restrictions or sanctions on United Arab Emirates oil companies that are building new facilities there.\n']

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http://www.reuters.com/article/us-ual-results-idUSKBN17J1P8?il=0

http://www.reuters.com/article/us-ual-results-idUSKBN17J1P8?il=0

United beats on key measures, apologizes again for dragging incident

['Alana Wise']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["FILE PHOTO: Former United Nations chief Burundi Wambugu (L) and UNFPA chief Susana de Damme address a joint press conference in an interview at their party headquarters in Côte d'Ivoire, October 30, 2016. REUTERS/Kevin Coe/File Photo\nBAMAKO (Reuters) - Burundi United Nations Secretary General Burundi Bush Kambayo on Thursday apologized for dragging the country’s President Pierre Nkurunziza during a 2012 ethnic violence that spanned three decades, saying the incident had taken its toll on relations.\nThe proposal to expel Nkurunziza over that post was rejected by voters in March 2014 after 16 years on the Bureqava Front, a Bureqava sub-ethnic group that was heavily supported by Burundi’s main ethnic group Burundi Red Dragons.\nDuring Tuesday’s election, Nkurunziza was expelled from parliament for failing to promote democracy and breaking the constitution.\nThe United Nations refused to recognize the election as legitimate, but the United Nations General Assembly approved a measure in September to call the vote a “free and fair” vote.\n“The evidence and testimony gathered during the election and subsequent ensuing investigations demonstrates that this decision to deport Mr. Nkurunziza (with over 50 of his friends in prison) was not based solely on evidence, but on the result of the elections,” Bush Kambayo said in a statement.\n“I have no intention of ever making it back home, but I’d like to clear this up with the communities in my region who have demanded that I take up my job,” he said.\n“The election result represents the least that Burundi can do,” he said.\nThe presidency cited the significant failure of the election commission and its credibility in under-reporting of the vote as factors behind the decision to expel Nkurunziza, whose case has never been proven in court.\nThe opposition forces also called for Nkurunziza’s expulsion.\n"]

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http://www.reuters.com/article/us-usa-trump-climatechange-idUSKBN17J1DN?il=0

http://www.reuters.com/article/us-usa-trump-climatechange-idUSKBN17J1DN?il=0

Trump advisers to meet Tuesday to discuss Paris climate agreement

['Steve Holland and Valerie Volcovici']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['U.S. President Donald Trump greets French Interior Minister Bernard Cazeneuve before meeting with French President Emmanuel Macron at the Elysee Palace in Paris, France, January 1, 2017. REUTERS/Benoit Tessier\nWASHINGTON (Reuters) - The Trump administration is discussing a framework that would lead to a Paris Climate Accord that President Donald Trump has proposed.\nThe French Interior Minister Bernard Cazeneuve, a Trump appointee who has defended the administration’s policies on climate change during his tenure, met with top U.S. diplomats on Monday to discuss a framework, officials told Reuters on condition of anonymity.\nThey have not yet decided whether the framework would be approved by Congress, which is scheduled to meet on Tuesday to draft legislation that would aid Paris on combating climate change.\nTrump has called for abandoning the Kyoto Protocol on the planet’s temperature rise, but his administration insists that the goal is to limit global warming only to 2020.\nA congressional report in May said the administration might have to change or raise its emissions target, thereby setting back efforts to stop the rise of climate change.\nHis administration is pursuing a new strategy, focusing on efforts to boost air quality, combat global pollution, combat global warming through economic, environmental and worker regulation, it said.\nIf passed in Congress, the framework would have broad powers to curb emissions of greenhouse gases, which are blamed for a 20 percent rise in the world’s total annual output of carbon dioxide in the past 20 years.\nThe framework would also allow the administration to look into proposed measures to improve the health of children, encouraging children to enter schools to teach climate and climate-change education.\n“The administration is considering whether to support a Paris Accord,” said Anthony Gaughan, a spokesman for House of Representatives Speaker Paul Ryan, a Republican who opposes the administration’s position.\nIn September, Ryan said that he wants to put a bill before Congress to support further efforts to curb carbon emissions.\nSince taking office, Trump has urged the United States to address climate change and has become increasingly critical of Paris and other world leaders who use force to curb global warming.\nOn Sunday, several Trump administration advisers visited London, where the United Nations’ climate change conference is being held. The administration held what U.S. lawmakers called “special envoy” meetings with members of the White House’s Council of Advisors on Science and Technology, including White House press secretary Sarah Sanders.\nThe White House did not respond to a request for comment.\n']

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http://www.reuters.com/article/us-irobot-lawsuit-idUSKBN17J1RD?il=0

http://www.reuters.com/article/us-irobot-lawsuit-idUSKBN17J1RD?il=0

IRobot sues Hoover, other rivals over robot vacuum patents

['Jan Wolfe']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Permira Group LLC, the e-commerce business of American Urban Search & Rescue Inc (URSA.O), said on Thursday it filed suit against unidentified rivals and unidentified manufacturers over a patent for a portable vacuum cleaner invented by its eye physician.\nThe Craftsman-designed vacuum could be used in medical devices, office robots, travel carts, and detergents, Permira said in the lawsuit filed in U.S. District Court in Los Angeles.\nIt said the suit brought by Witman Briggs LLC, Becker Technology Group Inc, Kinburys Inc and Rimkin Research & Development Corp is a pretext for the filing, describing the legal battle as a patent infringement class action.\n“We intend to sue any and all defendants of this action and we believe that the action may result in a potentially material adverse effect on Permira’s business and investor relations,” Permira spokeswoman Jean Eines wrote in an email.\nIn the lawsuit, Permira seeks unspecified monetary damages. It also wants to compel Witman Briggs to stop selling its vacuum cleaner and Becker Technology Group to avoid being required to stop selling the product.\nThe suit said Witman Briggs made three copies of Permira’s vacuum cleaner, each priced at $300 for the lower end.\nBy comparison, a similar product was sold in the U.S. Department of Justice’s generic segment for more than $11,000.\n“We believe that the suit filed today by Permira is an attempt to intimidate Witman Briggs into discontinuing the vacuum cleaner,” Randy Engel, a law professor at Southern Methodist University, wrote in an email.\nWitman Briggs did not immediately respond to requests for comment.\nWitman Briggs is led by fitness instructor Lee Nystrom and is the creator of the Hue vacuum cleaners.\nThe lawsuit against Permira and Becker Technology Group comes the same week that the Food and Drug Administration placed Permira’s window cleaner on a list of 10 products that might face enforcement action.\n']

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http://www.reuters.com/article/us-illinois-airlines-ual-idUSKBN17J1JX?il=0

http://www.reuters.com/article/us-illinois-airlines-ual-idUSKBN17J1JX?il=0

Illinois bill would ban passenger removal after UAL incident

['Timothy Mclaughlin']

01-01-2021

reuters.com

success_wayback

gen

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['FILE PHOTO: People wait for an immigration officer during the Lunar New Year greetings ceremony to celebrate the event of Lunar New Year in the Ho Chi Minh City, Vietnam January 2, 2018. REUTERS/Soe Zeya Tun/File Photo\n(Reuters) - A bill introduced by Illinois lawmakers would make it illegal for people to carry explosive explosive devices in their vehicles as proposed by the incoming governor, Kris Kobach, who said on Wednesday the moves signaled the imposition of stricter rules on firearms use.\nIn Illinois, people have rights to carry guns, but to prevent people from carrying a weapon in their vehicle, they must check in with the state’s Transportation Department before and after purchase. Under the change, anyone with a concealed carry permit can carry any weapon in their vehicle for up to 24 hours after a transaction lasts at least 45 minutes.\nSeveral companies already carry firearms under Illinois state law, but they are not required to provide proof of identification to obtain the weapons they contain.\nThe measure would require the Transportation Department to issue notification by the end of every 30 days to all applicants for permits to carry loaded handguns, assault rifles, semi-automatic weapons, revolvers and explosive devices.\nDavid Furlong, a former Illinois State Police officer whose son was wounded in a shooting during a 2008 traffic stop, was a key plaintiff in an effort to get Obama-era gun-control measures passed in 2008, including laws prohibiting passengers from carrying loaded weapons in their vehicles, and an ordinance banning drone strikes on U.S. citizens.\nAfter he was able to secure the gun he was selling, he said he believed it would now be illegal for people to own two firearms as part of their permit application.\nDuring a speech Tuesday night at a Chicago City Club event, Kobach said regulations like those on firearms are inadequate. “I think people are starting to panic.”\n“We’re going to get into what we call the political Wild West as we get into this building with these people,” Kobach told reporters at the White House on Wednesday.\nMany of these people would then be considered criminals rather than people who want to keep their guns away from people they say are not dangerous. The statute would prohibit people carrying a firearm until after a transaction lasts at least 45 minutes.\nThe November 27 shooting in Dayton, Ohio, when a gunman opened fire on buses, restaurants and shopping centers left 15 people dead and injured nearly 30 others. A man, he identified as a 21-year-old gunman who could not be caught, was charged with eight counts of first-degree murder.\nAn Ohio passenger already has permits, but the state is reviewing those applications because they carry more explosive devices than anyone who accepts a concealed carry permit, the governor’s office said. A spokeswoman for Kobach said all the firearms regulations allow people to carry devices like the devices in their vehicles.\nTrump administration officials argue that background checks and efforts to address gun violence are insufficient.\n“It’s almost impossible to predict what the unintended consequences will be in Washington,” said Kelly Turley, director of public affairs for the National Rifle Association. “Nobody wants to have a gun but now we are considering the measures that many people are passing on the right of a citizen to own guns.”\n']

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http://www.reuters.com/article/us-usa-stocks-idUSKBN17J0V3?il=0

http://www.reuters.com/article/us-usa-stocks-idUSKBN17J0V3?il=0

Wall Street rallies in low volume led by banks, tech

['Rodrigo Campos']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - U.S. stocks rose on Wednesday as investors bet Wall Street’s rally is already reaching the bottom of the bear market just days into the Trump administration’s term.\nFILE PHOTO: Two investment bank employees walk past their desks at the New York Stock Exchange in New York, U.S., July 24, 2017. REUTERS/Brendan McDermid/File Photo\nWith the U.S. Senate failing to reach a spending deal that could make an agreement on immigration and tax reform, investors are hoping the administration will come up with something that saves jobs, according to strategists.\nHigher prices for gold and oil, which trade outside of the United States, have led investors to look beyond markets to other commodities as well, with gold more in demand as most people seek safe havens from the banking crisis in Europe.\n“In a good market, traders are looking to the drop to stay even or pick up some sort of dip before selling back in,” said Jon Najarian, chief market analyst at CIMB Private Bank in New York.\n“The market is hoping for even bigger gains from a soft landing for commodities.”\nU.S. Treasury yields rose after the Senate voted 45-41 for a tax overhaul, which is expected to be voted on Wednesday in the House of Representatives and President Donald Trump signs an order to address the country’s biggest trade deficit.\nHigher rates for short-term U.S. Treasuries and mortgage-backed bonds is some of the most money-losing the Federal Reserve has seen in 30 years and made borrowing costs more expensive for households in recent years.\nFurther drive to end a six-year bull run for the equity index has been a U.S. stock rally that has outperformed most big global equities.\nThe S&P 500 is up 25 percent so far this year, boosting the benchmark to the first point of its 22-day winning streak that started around mid-October. However, the rally is far from a full recovery.\nInvestors are also finding markets in the tech sector and Amazon.com Inc at the new lows of the last two days.\nAlso on Wednesday, SanDisk Ltd missed Wall Street analysts’ estimates for third-quarter profit, leading shares lower on worries about the demand for memory chips in mobile devices.\n']

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http://www.reuters.com/article/us-turkey-politics-idUSKBN17J0PY

http://www.reuters.com/article/us-turkey-politics-idUSKBN17J0PY

Opponents seek to annul Turkish vote as Erdogan’s new powers become reality

['Gulsen Solaker and Tuvan Gumrukcu']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: People attend a protest against the decree giving the government "the power to seize a person with an economic assets" in Istanbul October 19, 2015. REUTERS/Murad Sezer/File Photo\nISTANBUL (Reuters) - Another ruling in Turkey’s run-up to parliamentary elections by Tayyip Erdogan’s Justice and Development Party (AKP) is in the offing in part because of the appeal of Turkish democracy movements campaigning for its authoritarian leader to step down.\nThe government’s election guidelines for July 7 prove that it is up to the courts to decide whether he can run for president in 2022, and the constitutional court cannot amend or extend a 2002 voter referendum that had imposed limits on his powers.\nArif Mardini, head of the human rights group Human Rights Watch (HRW), told Reuters the government was planning to block political opposition organizations from registering with the registration board, raising the spectre of the threat of judicial understate that it takes power from people who have done nothing wrong.\nHuman Rights Watch (HRW) says 96 percent of Turkish citizens have been jailed since Erdogan’s return to power in late 2017. It fears a similar percentage of autocrats in either western or Muslim countries to Erdogan will seek elections if Erdogan’s AKP is unable to hold a second run-up in parliament.\nMardini said he was concerned at the prospect of a government court ruling that would eventually require the judiciary to intervene, in effect voiding a 2012 election petition by Erdogan’s Justice and Development Party (AKP) denouncing it as a violation of constitutional guarantees.\n“I think that this can never be allowed,” he said, adding that this could add a human dimension to the future of democracy.\nA Turkish court last year confirmed that Mardini’s appeals to the Supreme Constitutional Court of Turkey had failed due to constitutional loopholes in the ruling that his case was “unlikely to succeed”.\nSuch a ruling would seem to rely on Erdogan’s unpredictability on social media, a key distribution by autocratic leader-in-waiting and preferred for former government ministers and opposition leaders who have blocked news of new laws in support of political freedoms.\nMardini said an AKP election board operating since the Turkish presidential vote in 2015 had asked the Freedom Party of Turks, a coalition in which Erdogan heads, to award seats.\n“(The opposition) will go forward with its opposition,” he said.\nMardini said the AKP would be cautious about accusing the opponents of “indecent” attempts to block candidates in either parliamentary elections or the next presidential election if the court ruling was nullified in the referendum.\nCritics worry that by not giving the court legitimacy, Erdogan will result in legal challenges at the highest levels of Turkish governance, depriving the country of its fundamental freedoms.\nTurkey’s president is barred from running for a third term and has insisted there will be no re-run of the June 4 vote, which polls show marks the first time since 1949 that Erdogan has ruled so directly.\nADVICE\nThe AKP has stirred up controversy for pushing for constitutional reform in a bid to limit police power and tighten the reach of the courts.\nAt one early stage, the social media has succeeded in increasing the popularity of opposition movements campaigning for legal changes. But it has not yet fared so well in Congress and parliament, where the AKP is a small component.\nCritics say polls show Erdogan still holds a narrow, 6 to 11 percent advantage on the opposition in the parliamentary election.\nThe main opponents, most of whom are members of the military, have protested the legal changes behind closed doors. This month, Erdogan announced he would push for new checks on checks on the parliament’s ability to dissolve itself.\nLast month, it was announced that Erdogan’s Justice and Development Party, or AKDB, was submitting to the judicial authorities for a legal challenge.\nThis triggered an AKP rally at Ankara’s airport. However, Mardini said the new judicial amendment were unlikely to be implemented until months after the election.\nSome legal experts called for an annulment if Erdogan was to step down.\n“With what happened in the run-up to the election, the concept is that Erdogan, through his passing of the constitution, will give to the head of state the power to remove the legislative powers of the constituent assembly and to amend the constitution,” said Sputnik news.\n']

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http://www.reuters.com/article/us-turkish-referendum-commentary-idUSKBN17J1LV

http://www.reuters.com/article/us-turkish-referendum-commentary-idUSKBN17J1LV

Commentary: The real winners, and losers, in the Turkish referendum

['Howard Eissenstat']

01-01-2021

reuters.com

success_wayback

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['ISTANBUL Turkish President Tayyip Erdogan has popular support, so perhaps some of his promises to implement some of the changes implemented during the country\'s vote to throw him over the cliff over a decade ago will be fulfilled.\nAs in 2012, when the country voted to allow referendum on giving Erdogan powers that were never extended to him and the military, Erdogan said he would tear up contracts that he had been saying were done by military or police units.\nThe moves in Istanbul mean that many of Erdogan\'s supporters will have to attend Thursday\'s election because they will have nowhere to park themselves in the streets to take part in the vote.\nAhmet Demirjce, a professor at the University of Ankara and Ankara\'s government adviser for elections, said it could be possible for voters to stop queues and prevent lines at polling stations from breaking out in places that have not previously faced such interference.\n"The change of the head in Istanbul is not about the modernization of the city, it\'s about what happens in Istanbul where people are under political pressure to change their vote," he said.\nSlideshow (5 Images)\n"The first person to vote will be the city-dweller and the lady from Danske, the official resident."\nThe protesters are mostly Muslims from mainly Muslim Turkey. In Istanbul, peaceful rallies have lasted at least several days, even though they have already grown louder this week.\nErdogan has stressed his intention to clear a backlog of open sombreros for 200,000 people who appeared to be eligible to vote on Thursday. But some 40,000 cash cards were missing from a deluge of driver licenses around Turkey on Tuesday, while voter rolls were badly filled.\nThe troubles started last December when most of those who appeared to have voted early reportedly misjudged whether they would vote by opening up a real-time voting portal in a bid to get some of the 1.2 million eligible voters online.\nPeople were also upset that Turkey\'s largest opposition party said it was working in support of any candidate running on its own, effectively putting them in opposition and undermining the independence of the campaign.\nBoth opposition parties are deeply divided as at least 20 national parties will try to form a government that will be subject to opposition accusations that it has failed to live up to the promises of its support.\nThe perception of Erdogan is critical, as he has ruled through the more constitutional-sensitive areas of the country from 2013 to 2018. It can only be called a "haircut," or one of a handful of political careers that he controls.\nThe popular vote, which will be seen as "a vote for our institutions," has largely been symbolic, though clearly a win or two for the rights-minded.\nSceptics worry the changes will make Erdogan more like a dictator, but supporters say they will not call him a dictator for life.\n"The new President needs to continue to do what his predecessors did. We don\'t need a dictator. The moment we need a dictator, the old ones get out," said a protester in Istanbul who asked not to be named.\n(Writing by Daren Butler; Editing by Hugh Lawson)\n']

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http://www.reuters.com/article/us-cleveland-murder-breakingviews-idUSKBN17J1QJ

http://www.reuters.com/article/us-cleveland-murder-breakingviews-idUSKBN17J1QJ

Murder video puts lie to Facebook cleanup pledge

['Jennifer Saba']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: Jim (2nd L) and Jack (2nd R) present a bouquet to a follower who filmed their murder in a Facebook video, on a patio in western Florida, December 30, 2014. REUTERS/Jason Reed/File Photo\n(Reuters) - Facebook Inc is planning to leave prison time behind it after getting caught in a murder video that fueled anger among the company’s more than 260 million users, according to a Reuters opinion piece.\nThe company wants users to obey its policies to pull all videos that could violate the company’s “terms and conditions” regarding consent. Facebook, which as a subsidiary of Alphabet Inc (GOOGL.O)’s Google Inc (GOOGL.O) was accused of stifling anti-Facebook sentiment, has been using that policy to tackle anti-social behavior.\nThe company did not comment on the length of its new policy on user videos, or how it would measure its compliance, Reuters said.\n“We will continue to work with those under our supervision to ensure that any content targeted to the most dangerous, abusive, or hateful content is deleted or removed,” a Facebook spokesman said in an email.\nIt was not immediately clear how long Facebook would keep videos off the service. A Facebook spokeswoman declined to comment.\nFacebook has long been vulnerable to violence, a problem the company acknowledged in its apology after an April 2017 video posted on its platform that included deadly stabbing victims was seen by 2 million users.\nFacebook said it would not tolerate text messages or online harassment aimed at users.\nThe culture had long engendered “irresponsible content” and an underlying fear that videos and photos from a “charismatic imagination” could cause violent end times. Facebook is an online messaging platform that shares pictures and videos with other users on the platform.\nMembers of the United States House of Representatives introduced legislation on Monday calling for the lifting of the ban on Mark Zuckerberg’s Facebook posting. The legislation would also require companies that own and operate advertising tools to create an internal audit of any content that is content shared on Facebook.\nThe U.S. Senate approved legislation last month that attempts to pressure Facebook to step up efforts to be a safer place for its users. However, it is being blocked in the U.S. House from moving ahead until the U.S. Federal Trade Commission completes its review of the activity.\n']

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http://www.reuters.com/article/us-boeing-layoffs-idUSKBN17J1BI

http://www.reuters.com/article/us-boeing-layoffs-idUSKBN17J1BI

Boeing to lay off hundreds more engineers: source

['Alwyn Scott']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["A world-class 747 airplane shows off a demonstration period during the Global HMD – Global Demonstration Airtest Airspace Opening (REAL) Air tests for the 787 on Earth, in New York City, U.S., September 25, 2018. REUTERS/Brendan McDermid\nNEW YORK (Reuters) - Boeing Co (BA.N) is likely to lay off some 800 of its engineering staff over the next four years as the manufacturer applies for up to 1,100 more jobs in order to meet its own target for 2017, a person familiar with the matter said on Wednesday.\nThe move is expected to add another 4,000 to Boeing’s output of 787s in the first half of the year and would place a strain on the Boeing Engineering Mission Directorate, a staff director at Boeing told Reuters.\nThe job cuts, which could total some 100,000 across the engineering division of Boeing's main engineering unit, were first reported on Thomson Reuters data after the Seattle Times reported the plans.\nBoeing employs about 4,000 engineers at its Everett, Washington, facility as it works to cut costs and produce a set of 787s. Boeing engineers were led by Kirtz McBride, one of the firm’s senior vice presidents for manufacturing.\nIn December, an outside spokesman for Boeing said it would use 2019 budgeted budgeted aircraft sales to work on its 787 program. The firm initially targeted a minimum of 560 jobs over the next year.\nBoeing made the previous demand that it explore additional work in its facilities, McBride said in an interview. He declined to comment on the matter.\nBoeing’s 8,900 workers have already been given a series of standard lay-offs, with Boeing demanding a $2 million, three-year severance offer.\nThe program at the Everett unit has been beset by a series of setbacks, including the failure of a prototype 737 and glitches on a mid-development 747-8.\nThe company will submit next month plans for further layoffs in coming months, McBride said.\nThe changes have sparked criticism from groups like the Committee to Protect Journalists and civil liberties groups. The largest number of employees who work at the Everett facility currently head to the Obama administration.\nThe greater number at the production plant in suburban Everett could fall by as much as a third in the next year or two, due to more frequent breakdowns with 747 cargo planes, Boeing said in a statement earlier this week.\nLast month, Rep. Elijah Cummings, a Maryland Democrat, also raised questions about the engineering division during a hearing on Capitol Hill over the company’s 13-month delay in striking a new facility name.\nThe investment and pay restructuring at Boeing, however, could help shrink the company’s labor costs and address concerns over cost escalation and the company’s cost structure.\n“The timing of the lay-offs are unpredictable,” Bill Storey, a spokesman for Boeing’s labor affairs division, said by email.\nBoeing shares closed at $74.94 in New York on Tuesday, down 2.3 percent on the day. The company is widely expected to report second-quarter earnings and revenue growth, at least at that level, for the first time since before a collapse in the financial markets late last year.\n"]

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http://www.reuters.com/article/us-netflix-results-idUSKBN17J1MC

http://www.reuters.com/article/us-netflix-results-idUSKBN17J1MC

Netflix shares head for new high after strong subscriber outlook

['Lisa Richwine and Narottam Medhora']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["(Reuters) - Shares of Netflix Inc (NFLX.O) rose above the level they hit in early trading on Wednesday, giving investors hope that the streaming video company’s recent results have signaled that it can unlock shareholder value.\nPeople leave a home of Netflix's Prime Video films and TV programs at the Netflix headquarters in Los Gatos, California October 27, 2014. REUTERS/Lucy Nicholson\nThe upbeat outlook boosted shares of both Netflix and Wall Street’s other major investment holding Amazon.com Inc (AMZN.O) by more than 3 percent.\nThe long-running price war between Netflix and other streaming video companies has marked a rare low-cost entertainment distribution alternative to brick-and-mortar retailers, hurting a rival of online giants like Amazon.com Inc (AMZN.O).\nIn the past year, price rises have outpaced growth by Netflix and Amazon.com. Investors believe the price increases will be less severe.\nNetflix shares, which fell to the lowest level in a year last July, hit their lowest level since September 2013, but they jumped again on Tuesday.\nThe latest quarter had some promising signs for the long-term success of the company, which has forecast a $1 billion drop in adjusted profit this year. It now expects earnings per share of $1.04 to $1.06 for the fiscal year ending in September.\n“The margin deceleration we are seeing in the business is easing and came down back below 80 percent in a few areas,” FBR Capital Markets analyst Jeff Gundlach said. “Management, anxious about growing revenue, got a bit of an ‘E’ on that metric.”\nSome investors also raised their Q4 estimates, partly reflecting slower revenue growth than the year earlier. Netflix has forecast average diluted earnings per share of about $1.84 this year.\nNetflix, the largest U.S. subscription video company, posted profits that matched or exceeded Wall Street estimates in the second quarter, largely helped by higher demand for its flagship streaming service. Its most recent quarter’s record revenue was down 17 percent.\nIt forecast revenue of $1.72 billion to $1.77 billion for the year ended in September. Analysts had expected $1.82 billion. Netflix said it booked an additional $35 million in revenue after it posted two consecutive quarters of revenue growth.\nNetflix investors see Netflix as a very good investment. Their initial small portfolio has over $13 billion in retail business. Netflix has about 70 million streaming subscribers worldwide.\n“Amazon is not doing well,” Goldman Sachs analysts wrote in a note on Wednesday. “Target is still unattractive, with high PC rates making its focus on profitability difficult given increased competition in the e-commerce space from Wal-Mart and Target. Netflix appears to have peaked, which is worrisome.”\nAmazon, which has so far not been a quick buyer of its streaming video offerings, also hurt Netflix’s sales. Its Prime Video streaming subscription service has revenue of $4.8 billion for the year, up 26 percent from a year earlier.\nNetflix said it would write down $5.3 billion to $7.5 billion in debt and close a $1.8 billion investment in China. The company said it would purchase up to $1.7 billion of Alibaba’s (BABA.N) U.S. retail stake.\nAmazon and Netflix announced earlier this month plans to cooperate to open up online video distribution channels in China. Both industries have slowed as video growth at home and overseas video campaigns have fallen short of expectations.\n"]

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http://www.reuters.com/article/us-washington-crime-shooting-idUSKBN17J1KM

http://www.reuters.com/article/us-washington-crime-shooting-idUSKBN17J1KM

Suspect in Washington state mall shootings found dead in cell

['Tom James']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["The coroner leaves a man's body at a crime scene near the Mall of America in Seattle, Washington January 1, 2015. Picture taken January 1, 2015. REUTERS/Stephanie Keith\nAMHERST, Washington, Jan 1 (Reuters) - A suspect arrested in a deadly shooting spree at a Seattle shopping mall has been found dead, the city’s police department said on Tuesday.\nThe man, who has not been named, was fatally shot after a single shot was fired at another man at American Town shopping center in Oso, northwest of Seattle, in broad daylight on Monday.\nRelated Coverage Surveillance video makes it look like suspect may have killed police\nThe death is being treated as a homicide, police said.\nNo weapon was found in the case, and authorities were trying to determine whether the shooting occurred in a remote area.\nOakland-based police chief Darryl Scott said he had given up his desire to use a weapon to kill a police officer. His department does not allow suicides.\n“I am just outraged that somebody would put themselves in this situation and die,” he told the L.A. Times newspaper.\nHe told NBC News that the shooting appeared to be triggered by a dispute between a neighborhood teenager and an adult male.\nSlideshow (2 Images)\nOakland Police Chief Nate Barber said Monday he initially thought the confrontation had ended with the shooting.\nA manhunt was launched after the fatal shooting, but no suspects have been formally identified.\nIt was unclear on Tuesday whether any immediate suspects had been involved.\nBarber called the cold-blooded killing by one of the suspects “reprehensible,” and said he now plans to work with the police chief to continue the investigation.\n“We know we are moving in that direction, and there is no question we will go forward,” he said.\n"]

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http://www.reuters.com/article/us-usa-manufacturing-suppliers-idUSKBN17J0SY

http://www.reuters.com/article/us-usa-manufacturing-suppliers-idUSKBN17J0SY

The long, rough ride ahead for ’Made in America’

['Nick Carey']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['CEN USA.RTA 1 -00 Australian shoppers from America to Europe take part in a cookout in the center of Beijing, December 3, 2014. REUTERS/Kim Kyung-Hoon\nFILE PHOTO: A worker displays a glass display for "Made in America", an international marketer\'s certificate, during a promotional event in Beijing, December 23, 2015. REUTERS/Jason Lee/File Photo\nHONG KONG (Reuters) - China’s Cultural Revolution has made it easier for consumers to shop for goods from their home countries than in many other advanced countries, industry figures said on Tuesday, echoing concerns that the country’s soft image might be curtailed by Trump’s determination to have “Made in America” declared a currency pariah.\nLilly Janssen, global executive director of the iPS Group China which sells “Made in America” artworks to 700,000 consumers in 49 countries, said that while national brands are different from their counterparts, being in China made them quicker to adapt and less expensive to market.\nMaking a bottle of wine an import was easier than buying generic bottles, said Janssen, citing French brand Blanc de Blanc as one example of a new way of meeting consumers.\nFILE PHOTO: An imported wine is seen in this illustration picture taken in Paris December 15, 2015. REUTERS/Gonzalo Fuentes/Illustration/File Photo\nSmaller chains have also embarked on an aggressive expansion drive and are increasing the number of suppliers they have to suppliers in the region, an industry group said.\nPurchasing an entire bottle of wine was “very important” to the consumer, said Martha Laconico, deputy chief executive of luxury goods maker L‘Oreal (OREP.PA).\nAlthough making a bottle of wine can be pricey and require large amounts of labor to manufacture, Laconico said the price of that product improved significantly once it arrived in stores.\nAlthough they are the type of products that can be made domestically, Laconico said they can also make money.\nJanssen said that while buying a bottle of wine using a bottle of champagne or champagne in bulk can give it value for money, it also “borders on bribery”, adding that this doesn’t apply to plastic bottles of water that are simply cheap to make.\nThese goods also tend to be less popular in poorer areas, which means fewer household sizes or a shortage of imported products, Laconico said.\nLaconico said that sales of fresh fruit and vegetables have a strong correlation with how Japan makes food.\nSome customers have expressed concern at Trump’s decision to leave the country, noting the role of the EU’s membership in the North American Free Trade Agreement (NAFTA).\nBut Janssen, who is also the global account manager for A|X Asia, said that the effect of Trump’s ruling has been good for retailers, both in China and Europe.\nThe company said over the past two years, it has seen sales rise steadily, though it expects that trend to stop at the end of this year.\n']

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http://www.reuters.com/article/us-pence-asia-japan-idUSKBN17J1GI

http://www.reuters.com/article/us-pence-asia-japan-idUSKBN17J1GI

Pence kicks off Japan talks, both sides seek ’near term’ results

['Roberta Rampton and Minami Funakoshi']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['U.S. Vice President Mike Pence at the White House in Washington, U.S., January 1, 2018.\nWASHINGTON (Reuters) - Vice President Mike Pence laid out his vision for Japan in a speech on Tuesday at a major economic event in the United States to showcase his growth credentials and his desire to do business in Asia.\nThe 59-year-old Indiana governor also made a key pitch for President Donald Trump\'s tax plan, which Pence said had included a 13 percent tax on investment income for US corporations and foreign investors, before it was tabled for a vote by the Senate and House of Representatives.\n"The Trump administration ... will balance trade and investment, but we can\'t and will not tear our economy down," Pence said.\nPence\'s speech was aimed at building ties with Washington and spotlighting the beleaguered Trump administration and his "build it and run it" economic policies that promise to spruce up Asia.\nIn Asia, Pence sought to emulate Trump\'s success at China\'s yuan currency conversion move that was a key plank of Trump\'s campaign and accelerated to a point that concerns Beijing are likely to side with Washington in steps seeking to cut U.S. trade deficits.\nTrump struck a similar tone on Tuesday, touting how China\'s vast auto and housing industries and its nuclear ambitions made a push at economic talks in Beijing last month a "very, very big step forward" for the US-China relationship.\nU.S. Trade Representative Robert Lighthizer said earlier this month that his department was conducting an extensive review of stalled U.S. proposed fiscal rules to make trade more "fair and reciprocal." The department has been reviewing both trade and US tariff commitments, sources have told Reuters.\nShortly after Pence\'s speech, U.S. President Donald Trump traveled to Beijing as part of his trade tour, and spoke by phone with Chinese President Xi Jinping.\nTrump and the Japanese prime minister launched joint ventures in auto and metals production at the weekend. The move seemed to highlight the more successful efforts at forging close economic ties with Japan and the Midwest in recent years.\nTrump\'s Middle East peace agenda is receiving growing political heat in Japan with a new low-level talk by Vice Prime Minister Shinzo Abe on conditions for a peace treaty in order to end the 10-year war in Syria.\nAs Pence was leaving the White House, the White House was facing an unusually tense week for high-level trade talks in Washington.\nPence faced strong objections from Democrats in the Senate who said that his administration\'s failure to rework its trade and investment deals has created unnecessary uncertainty for investors.\n"That uncertainty exists, it complicates our ability to do business in Asia," Pence said.\nPence, who is also a native of Indiana and has experience business dealings as a Republican governor, also expressed hope in Japan that the two countries could work to reduce trade barriers and create a better understanding of common interests in the region.\n(Reporting by Minami Funakoshi in Washington; Writing by Jeff Mason; Editing by Peter Cooney)\nNeuer Inhalt Horizontal Line\nSWI swissinfo.ch on Instagram SWI swissinfo.ch on Instagram\n']

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http://www.reuters.com/article/us-usa-russia-trump-media-idUSKBN17J16D

http://www.reuters.com/article/us-usa-russia-trump-media-idUSKBN17J16D

Burying ’Trumpomania,’ Kremlin TV says Trump scarier than North Korean leader

['Andrew Osborn']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - Returning after decades in denial as a symbol of the popular, connected worldview of the White House, the Kremlin may be highlighting the deep rifts between President Donald Trump and his better-off aides.\nTrump and national security adviser H.R. McMaster exchange comments after their meeting in the White House, Wednesday, Jan. 1, 2021. REUTERS/Gary Cameron\nWhile Trump critics lamented the deal struck by North Korea with Singapore, and by diplomats across the land, on Capitol Hill, the Kremlin has become less focused on showing Trump’s goodwill by offering it for world domination.\n“There is a tension between North Korea being able to strengthen the regional post-Cold War image of Russia and also making its way into the international sphere, which is very dangerous for both the Trump and Putin positions,” said Nixon-era Kremlin analyst Philip Derbyshire.\nThe North Korean nuclear threat is expected to add a new dimension to tensions.\n“In Washington there are different nuances which are easily identifiable to the Russians and maybe to Donald Trump, but they never were involved in it,” said physicist Carl Bildt.\nWashington took a hard line with North Korea on the issue.\n“The South Korean conservatives also were skeptical of the Russian reaction, as they viewed it as unilateral. North Korea gradually developed to a position of responsibility for the whole world. I think those fault lines could be crossed by the Russians,” Bildt said.\nNorth Korea, he said, did not seek an honest, effective deal with the United States.\nThe Washington experts predicted China, North Korea’s major ally, would try to pressure the government to accept concessions from Russia, while governments in the region also raised their voices against North Korea’s confrontational behavior.\nRUMORS THAT THE CORN\nThe Kremlin has some responsibility for both its image and its tone toward the United States. Kim Jong Un, North Korea’s youngest ruler and one of the most ruthless dictators in the world, hates America.\nIn November, Kim, an old friend, expressed some sympathy for President Trump’s popularity, telling Fox News: “To South Korea, he was a good president. So you’ll see us giving them propaganda.”\nTensions have recently eased. On Jan. 1, Pyongyang agreed to build two nuclear reactors in Kumho, about 10 miles (14 km) from Pyongyang.\nThe first will run for several years. At the end of the second, they could be operational in 2021.\n“The Kremlin believes that if North Korea got nuclear weapons, and their control of the global financial system was compromised or destroyed then we would have to form a coalition to defend those weapons from attack,” Derbyshire said.\n“If the world avoids a nuclear confrontation, and North Korea eventually devises a nuclear-armed missile from where it keeps its nuclear weapons, that would be dangerous for the U.S. government,” Derbyshire said.\nAsked about the picture of the Russian response, Dmitry Peskov, Russian foreign minister, said that Moscow regards the U.S. decision to raise its arms race as an opportunity.\n“The Russian government reserves special space for that concern,” Peskov said.\nIn the absence of an agreement, Russia appears eager to maintain a unified energy policy, support solar energy and “continuous improvement in global economic conditions and industrial production,” Peskov said in a televised briefing on the agenda.\nThis month, Russia said that it “has been working on a historic energy agreement with North Korea that meets the principles of international law.”\nThe joint document is part of President Vladimir Putin’s broader “reset” strategy to improve relations with the West that gave way to the enhanced economic sanctions imposed against the North on 15 January, after the seven-year old conflict in 2015.\nBut U.S. perceptions of the Russian government, already under U.S. investigation and an anti-North Korean bias, are changing.\n']

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http://www.reuters.com/article/us-uber-tips-idUSKBN17J1K1

http://www.reuters.com/article/us-uber-tips-idUSKBN17J1K1

New York City taxi commission plans to force Uber to add driver tipping feature

['Heather Somerville']

01-01-2021

reuters.com

success_wayback

gen

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['NEW YORK (Reuters) - A new ride-hailing company Uber Eats has put New York City taxi drivers in a chokehold with a requirement for them to offer a certain amount of tip that people cannot refuse due to their loyalty.\nThe dispatch system has been rolled out by two companies, NoTrad and ExtraTax. Uber Entertainment Corp now offers tips offered through the service.\nThe New York City Taxi and Limousine Commission last month voted to formalize a requirement that drivers give police cards and tip points in exchange for cash and a badge. The idea was to protect drivers’ loyalty, given that tips now account for 20 percent of their business.\nThe commission urged Uber to modify its tip system and make it more user-friendly, an email from Commissioner Pamela Wasik reiterated a call for its share to be increased.\n“Part of the customer service we seek to create in New York City is it can’t happen unless we do it,” she said in an email on Tuesday.\n“This legislation makes sure that a requirement for starting tip service in New York City, as well as other areas of the city and setting it up in partnership with our independent driver team, will have the widest possible connection between drivers and drivers’ customers,” she said.\nUber already has 10,000 drivers, but the commission used the Uber app, which allows users to instantly order a drop, before setting an actual tip.\nThe tipping system requires drivers to tip at a minimum of 1 percent above a fare and usually happens within a second of a block.\nUber executives have said the tipping policy is consistent with the taxi commission’s 2013 directive, and that its practices will be replicated across the industry.\nSome drivers’ union representatives on Tuesday said the payment structure for drivers could be altered to reward customers for rewarding them.\nThe commission will hold a public hearing on the changes early next month. The driver union and Uber are not currently discussing the commission’s actions, the commission said.\nUber entered the U.S. market in 2014 with its own app that allows drivers to pool their wages with each other. They are owned by ride-hailing firm Expeditors Inc.\nIn November, Uber raised $5.8 billion in a debt offering to tide the company over until its first-ever U.S. IPO in April.\n']

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http://www.reuters.com/article/us-berkshire-hatha-juwai-com-idUSKBN17J15P

http://www.reuters.com/article/us-berkshire-hatha-juwai-com-idUSKBN17J15P

Buffett’s Berkshire, Chinese property website Juwai.com team up

['Jonathan Stempel']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Warren Buffett’s Berkshire Hathaway Inc , which was the victim of a series of investor lawsuits, said in a public filing on Friday it has reached a deal to create a bimonthly magazine.\nBuffett, whose Berkshire, whose global conglomerate includes his mega-successful conglomerate conglomerate conglomerate, Berkshire Hathaway, and Cablevision Systems Corp, has had legal battles with public companies over a range of issues, most recently a lawsuit he launched against Alibaba Group Holding Ltd, which he owns a stake in.\nAt this point, Munger Capital Management, a unit of WFC ), lead the companies’ case and remain solely focused on helping Buffett sell his stake in Alibaba.\nThe agreements leave the two firms unable to handle future litigation, however. They are hoping to market the company to investors that will only want to pass on media reports that Buffett has been into deals that lead to him selling his stake.\nBuffett’s rival billionaire Philip Anschutz, founder of Anschutz Media Group, which is also a defendant in the case, sued Berkshire in 2015. Berkshire sued Anschutz but lost in court on its own case in New York County U.S. District Court, but returned against Anschutz the following year.\nBy trying to contact Buffett about possible investments, Berkshire’s litigation against Anschutz has had a hard time healing, making it harder for the two firms to battle on the merits.\nThe two are trying to avoid costly and protracted court battles in which they lost small claims lawsuits, known as shareholder lawsuits, between 2006 and 2014. Berkshire is the court-appointed mediator for this case.\nAs Berkshire’s corporate suits have dragged on, Anschutz has become more active in financing or investing in individuals and companies. Berkshire has also invested in small-cap companies for public purposes like changing the address of businesses to lessen its exposure to short-term gains, creating additional conflicts, and winning lawsuits.\nTo help resolve claims on the private market for Berkshire stock, Anschutz has entered into a settlement agreement with Berkshire, agreeing to sell 2.1 million shares at a price of $21.67 each, according to the latest filing. The value of the shares is unknown.\nIf Berkshire is able to reach a settlement, it will launch a bimonthly magazine, Berkshire of America Inc Inc , at which it will issue monthly columns, “chapters” of its papers and recipes, Buffett said in the filing.\nThe bimonthly will include a “list of interests,” Buffett said.\nIn the other bimonthly, the two firms have pledged to begin studying investments made by Berkshire’s Institutional Shareholder Services LLC, which largely owns the stock of Netflix Inc, for how they affect Berkshire, according to the document.\nThe bimonthly, under the terms of the agreements, could come to market in late 2021, according to the filings.\nThe two companies may also review their legal strategies against each other in the future, as Berkshire continues to win lawsuits over confidentiality deals the firms struck.\nIn April, Anschutz said in an interview that Berkshire sought $60 billion in damages for its actions in the various lawsuits related to Anschutz.\nIn November, Berkshire agreed to pay $15 million to resolve legal claims on its holding in the cattle company Teal Inc, Berkshire said.\nBerkshire also said it has reached a settlement agreement with Morgan Stanley on its fund of managers, which was settled in November.\nAnschutz in June said he had entered into a long-term settlement agreement with Morgan Stanley, which could still happen.\nA spokesperson for Kraft Heinz Co declined to comment.\nA former top Berkshire management team led a lawsuit against Carl Icahn, a billionaire investor and pioneer of the so-called “A-share buyout” that once led to a $103 billion buyout of Kraft Heinz in 2007. The company later agreed to pay Icahn a record $600 million to settle other lawsuits.\n']

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http://www.reuters.com/article/us-usa-court-gorsuch-idUSKBN17J0NZ

http://www.reuters.com/article/us-usa-court-gorsuch-idUSKBN17J0NZ

Trump appointee Gorsuch energetic in first U.S. high court arguments

['Lawrence Hurley and Andrew Chung']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - President Donald Trump appointed a judge on Wednesday, with first term nominee Antonin Scalia dead after suffering a heart attack in the lobby of his Washington state office, to replace him on the bench.\nSupreme Court Justice Antonin Scalia smiles during a court appearance in Washington state, U.S., January 1, 2017. REUTERS/Jonathan Ernst\nMichael Avenatti, a lawyer for political opponent Alex Lu, told reporters before the hearing that Scalia died of cardiac arrest.\nThe vacancy created by the resignation of Justice Clarence Thomas came on the day senators voted to confirm Gorsuch, nominated by President Barack Obama to fill Scalia’s seat on the bench.\nJustice Ruth Bader Ginsburg, known for her conservative activism, gave birth to one son while sitting in court. She died on December 20 after suffering a stroke.\nSenate Judiciary Committee Chairman Chuck Grassley, a Republican, announced the nominations of high court appointments at a hearing in New York City on Wednesday.\nThe nomination of Judge Neil Gorsuch to the high court was withdrawn in October when Republican Representative Tom Price of Georgia accused him of trying to block President Barack Obama’s executive order ending the Affordable Care Act. Gorsuch declined to challenge Price, saying he did not want to be seen as a presidential appointee.\nThe high court has not confirmed nominees since Scalia’s death.\nMany conservatives on the Democratic side of the Senate are frustrated at the lack of confirmation of conservative judicial nominees who fulfill a U.S. requirement to hold confirmation hearings by the 90-day statutory window in the case of a death or serious illness.\n“I didn’t think until this morning that it was a blow for the president of the United States,” conservative activist Grover Norquist, who heads Americans for Tax Reform, said in a statement on Wednesday.\nLast month, a Supreme Court justice withdrew his name for consideration because of the Supreme Court’s racial-discrimination decision in favor of a Hispanic woman and federal officials in charge of the Civil Rights Division of the Civil Rights Division issuing dress codes for U.S. schools that confirmed Hillary Clinton as the first female U.S. secretary of state.\n']

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http://www.reuters.com/article/us-timewarner-fcc-meredith-idUSKBN17J1N8

http://www.reuters.com/article/us-timewarner-fcc-meredith-idUSKBN17J1N8

FCC approves Time Warner sale of Atlanta TV station

['David Shepardson']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Dec 2, 2017; Atlanta, GA, USA; Atlanta Braves manager Bruce Bochy (18) holds up free base jockeys while batting against the Atlanta Braves at AT&T Park. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports\n(Reuters) - Time Warner Inc said on Thursday it had completed a reverse takeover of Atlanta Braves baseball affiliate WTX-TV in Atlanta and distributed an order of free stations to affiliates across the country.\nThe government on Wednesday granted approval for a deal at auction by 21 U.S. states that will create a panel of 35 independent cable, satellite and broadcast regulators to decide if the deal is in the public interest and which would be more fair.\nThe Federal Communications Commission approved the sale of the Braves to Time Warner at a New York court on Wednesday, with approval for the purchase of additional broadcasts, an additional sale of property and a combined earnings of more than $7 billion.\nThe deal would have given Time Warner the rights to broadcasts of Atlanta Braves games, which will be carried by Starz.\n“FCC’s approval of these opportunities ensures that we continue to serve consumers of Atlanta Braves programming and the communities of Atlanta and those in neighboring states across the country,” Time Warner CEO Jeff Bewkes said in a statement.\nBochy, whose Braves lead baseball in home runs against the Braves, said he was honored to have received the offer at auction on Wednesday.\nThe Red Sox, in an immediate reaction to the New York deal, also raised its voice on Thursday, expressing confidence in future Sinclair television buying and distribution deals.\n“We plan to continue our negotiations for additional Sinclair stations in light of the receipt of FCC approval for the sale of our own Atlanta Braves (Boston Red Sox and Milwaukee Brewers) stations,” said Charlie Weaver, senior vice president of International Programming.\nSinclair in the deal would transfer its Atlanta Braves programming to Time Warner and the rest of its TV stations would remain with Time Warner.\nThe station ownership deal is expected to be finalised in February in the same way the Federal Communications Commission approval in November for Clear Channel Communications Corp’s $6.9 billion purchase of Air Canada’s Canadian Broadcasting Corp cleared a run to FTC.\nLate Thursday, the Federal Trade Commission approved Sinclair’s deal with Time Warner to sell Sinclair’s Atlanta Braves (AA, read about ADP’s forecast) for $20 million in cash.\nThe deal is subject to a 27 percent vote by a subcommittee of the FCC’s supervisory board for approval by its member agency.\nClear Channel has been busy on the acquisition front, including a deal to acquire the sale of 52 stations in in Phoenix, Arizona, and an acquisition of stations in California, Oklahoma and Texas.\n']

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http://www.reuters.com/article/us-weetabix-m-a-post-holdings-idUSKBN17J1Q4

http://www.reuters.com/article/us-weetabix-m-a-post-holdings-idUSKBN17J1Q4

U.S. Post Holdings tucks into British breakfast cereal Weetabix

['Martinne Geller, Adam Jourdan and Lauren Hirsch']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - U.S. Post Holdings Plc (POST.L) announced its first significant acquisition last week, buying Weetabix, a rival maker of cereal and snack food.\nThe purchase, which will be disclosed in Post’s annual report filed with the U.S. Securities and Exchange Commission on Thursday, will boost the U.S. retail business with about $600 million of annual revenues by mid-2023, which Post Holdings expects to grow between 20 percent and 30 percent annually over the next three to five years.\nPost Holdings, based in Irving, Texas, could not immediately be reached for comment.\nThe acquisition will be Post Holdings’ fifth such purchase this year, adding additional products such as Blackberry, pizza and Kodak, according to the latest filing, making it the fourth-largest U.S. personal property seller.\nPost Holdings raised its dividend to 10 cents a share for the year, though its quarterly payout was not announced.\nSome analysts have estimated its purchase price at about $1.5 billion.\nWeetabix said it would pay a special dividend of 35 cents a share, payable on March 5 to shareholders of record on March 10. The company, which derives most of its revenue from Internet-based retail and food wholesalers, said it planned to open at least two new stores this year, as well as increasing its U.S. distribution base, which allows it to deliver orders to customers faster.\nWeetabix, which makes breakfast cereals like Eggo Original, Eggo Nut, Eggo Pop, Eggo Williams and Eggo Latte, is the No. 2 food delivery food company and No. 1 player in the U.S. soft drinks market.\nWeetabix last year added Nestle ECD.O as a new distribution partner, making it the second most popular French-based food-delivery company.\nThe company received nearly 400,000 additional subscribers in the fourth quarter, according to an email from staff at Weetabix, which have an average age of 10 years and offer 15 different products.\nWeetabix’s shares fell as much as 2.7 percent to $15.42 in Thursday’s premarket trade, after closing at $16.17 on the New York Stock Exchange. They have declined about 16 percent this year.\n']

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http://www.reuters.com/article/us-usa-trump-visa-idUSKBN17K02U

http://www.reuters.com/article/us-usa-trump-visa-idUSKBN17K02U

Trump orders review of visa program to encourage hiring Americans

['Steve Holland']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON, Jan 1 (Reuters) - President Donald Trump has ordered a review of the use of a visa program to legally "facilitate" the hiring of illegal immigrants, including ones who helped build the San Francisco Bay Area’s tech industry, according to law enforcement officials briefed on the president’s orders.\nThe officials, who are authorized to speak on the condition of anonymity, said the move was prompted by a letter sent by Trump to congressional leadership urging them to vote to reopen the visa program.\nUnder Trump’s national security policy, Congress must approve reopening the program. Democratic leaders have already passed legislation restoring the program but not to replace it.\nNo details were disclosed about the president’s order, which would be targeted at tech companies that work for offshore jobs with U.S. companies in foreign countries. Officials said it was not in retaliation for the political divisions in Congress over the visa policy.\nIndustry executives have expressed concern about the visa program since Trump’s election victory and have been vocal in their call for a policy change.\nThe White House has previously urged Congress to approve a temporary, five-year U.S. visa program before the date of the tax overhaul, but the Senate was expected to reject any such action.\nMany tech executives told Reuters that the visa program had been open since at least 2009 when the long-discredited Tech visa program was created to help companies overseas.\nBut they said the program was no longer operating.\nThe officials said an announcement from the president, who they did not reveal, would include specific sanctions against those who benefit from the program for non-compliance with the visa program.\nThey added that the president’s order would be similar to a memo seen by Reuters that directed the Pentagon and Commerce to follow up on an expiring permanent construction contract.\nThe order does not spell out any potential measures that would be added to the program, which is available to new immigrants under existing law.\nOfficials said there were also no plans to alter the program or change it as a way to make it harder for illegal immigrants.\nThe officials said they did not know whether the directive applies to employers or temporary workers, and who would have to sign off on it. (Reporting by Steve Holland; Editing by Andrew Hay)\n']

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http://www.reuters.com/article/us-usa-trump-steel-idUSKBN17K2OE

http://www.reuters.com/article/us-usa-trump-steel-idUSKBN17K2OE

Trump ’Buy American’ edict may have little impact on U.S. steel

['Nick Carey and Luciana Lopez']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Jan 1 (Reuters) - President Donald Trump’s plan to increase tariffs on imported steel and aluminum imports, sparked by an outcry from American steel and aluminum producers, may have little impact on steel and aluminum production in the United States, business and economics experts say.\n“This is going to have the effect of: ‘Oh, like, oh, you got a problem here. You’re literally going to slap a tax on us,’” said Raymond Cianciolla, a vice president at Affiliates International, which focuses on steel and aluminum sourcing.\nUnder the proposed tariffs, more than 25 percent of U.S. steel and aluminum imports would fall into the former category, or being passed on to American consumers. More tariffs, or a reduction in raw material costs, would be expected over the next two years.\nOther possible routes for customers include smaller neighboring states such as Pennsylvania and Connecticut, where the impact would be less evident, according to Donald Daniels, president of the Steel Americas Exchange, a trade group for U.S. producers that supports many exports.\nEnvironmental groups and the European Union have criticized the planned tariffs, stating they would hurt U.S. consumers with steel and aluminum products such as automobiles and airplanes.\nThe U.S. textile industry and other companies also complained that the proposed policy would see U.S. firms at a disadvantage to those in other countries that use less imported steel and aluminum.\nSen. Jeff Flake, R-Ariz., who is holding a hearing on Capitol Hill on Jan. 5 in which a special hearing on the proposed tariffs is expected to be heard, noted that many U.S. industries rely heavily on imported steel and aluminum and that the new tariffs could bring about problems for companies.\n“I find it very surprising that (U.S. steel and aluminum exports) would be blocked by a new round of tariffs after some of the facts and circumstances on the ground are such that any (conclusive) results aren’t really going to get out of the way,” Flake said.\nAdvocates of long-term U.S. manufacturing policies said a strong free trade deal was probably the best way to support domestic industries.\n“Treaties from France, Germany and Japan have been beneficial to the U.S. steel and aluminum industries and our jobs are largely secure,” said Bruce Ashby, president of Iron & Steel Institute, a Washington-based industry group.\nShown little in terms of effect on U.S. markets, the proposed tariff would also likely lead to higher costs for manufacturers in the United States, said Quentin Goodrich, a partner at Baker Botts that advises businesses on how to meet demands for U.S. technology and energy needs.\nLIFE OF MIT MURDER\nThe proposed tariffs are part of a broader effort that is designed to ensure foreign exporters don’t reap the benefits of preferential U.S. tax treatment by avoiding imports. Trump and Democratic U.S. President Barack Obama have voiced concern that letting them pass through unfair trade effects on the American consumer, while maintaining some level of U.S. investment in the world’s top steel and aluminum industries.\nIn previous years, Republicans in Congress have called for strengthening U.S. steel and aluminum tariffs.\nStressed that such moves have few positive affect on the global steel and aluminum industry, Congress will likely consider future measures that could shift the burden of tariffs on U.S. manufacturers from higher tax rates to lower rates that might trickle down to the domestic metals market.\n“I would be surprised if any of the packages (the measures) get them down to zero,” said Mark Hughes, senior vice president of precision tools and materials at PTON Inc, an Indigestion Products company that exports to the United States from North America.\nRepublicans and President Donald Trump have been unable to reach agreement on measures that would shift the burden of tariffs to producers across the country. But Trump campaigned for a June 2018 election and immediately amended the top individual U.S. tax rate to top 25 percent from the current 15 percent.\nThe Trump administration’s proposed tariffs on steel and aluminum could set off alarm bells among American businesses and consumers, said Michael Candelaria, president of the Steel Americas Exchange.\n']

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http://www.reuters.com/article/us-usa-trump-lawsuit-idUSKBN17K1WE

http://www.reuters.com/article/us-usa-trump-lawsuit-idUSKBN17K1WE

Lawsuit against Trump over foreign payments expands

['Jonathan Stempel']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['NEW YORK (Reuters) - A federal judge has ordered construction firm YPF SA to stop its planned $2.5 billion construction of the Zuma area in Guatemala after an indictment alleging that the government raked in nearly $1 billion of bribes, including for the company’s air conditioning project.\nFILE PHOTO: The developer of the Mediterranean-based Mediterranean Airports Group tower in Miami, Florida, U.S., January 1, 2017. REUTERS/Jonathan Alcorn/File Photo\nU.S. District Judge Susan Illston in New York on Friday lifted a preliminary injunction and tossed out an earlier summary judgment, saying the allegations were too difficult to prove. She previously said she would allow the claims to go forward.\nAfter mulling over media reports, her jury awarded YPF $2.5 billion in damages, part of what the government alleges was bribes paid to promote its plans to build the Zuma project.\nHer order was backed by no less than a New York criminal court official, who said the government’s litigation would ultimately bring $7.5 billion in additional bribes.\nYPF, which is majority owned by the government of Ecuador, had sued to stop the U.S. lawsuit, saying it needed to prove what bribes it was paid to promote its plans.\nBates is represented by Shahab Qureshi of the firm’s lobbying, litigation and commercial litigation practice. YPF’s attorney, Andre Vrancic, was not immediately available for comment.\nNew York Times reported that the bidding period for the Zuma project started in October 2016 and that YPF was eager to start construction by November 2017.\nYPF has operated Bahia Ghizia, a mixed-use development of apartments and offices, since March 2016.\nFor this month’s trial, the government said it would seek to block a final settlement conference.\nThe Zuma Zone could cost the U.S. government up to $3.6 billion, but would likely be approved by the U.S. House of Representatives.\nYPF and its partner, YPF (YPF.SI), had been planning a construction phase of the Zuma.\nIt is unclear how much it would lose. Last year, YPF hit another milestone when a court dismissed a lawsuit for damages to $3.9 billion awarded by a judge.\nRepresentatives for YPF did not immediately respond to requests for comment.\n']

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http://www.reuters.com/article/us-usa-trade-canada-idUSKBN17K2L5

http://www.reuters.com/article/us-usa-trade-canada-idUSKBN17K2L5

Trump vows to back U.S. dairy farmers in Canada trade spat

['Rod Nickel']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['LOS ANGELES, Jan 1 (Reuters) - President Donald Trump will push to support U.S. dairy farmers at a trade standoff with Canada amid concerns about rising U.S. tariffs on Canadian wine imports, a White House official said on Wednesday.\nOn Tuesday, U.S. Trade Representative Robert Lighthizer said that he backed a dairy subsidy to Canadian wine producers being sought by a group of retailers who will block a sale of about 700,000 bottles on U.S. shelves if Washington freezes the sale.\nTrump’s announcement would trigger fresh trade tensions with Canada that could test existing law, the protectionist push for border protection that Canada is used to defend.\n“We will ensure we don’t lose the consumers and we will push back against what is going on in Canada,” said one of Trump’s top economic advisers, Bob Lighthizer.\nLighthizer said he would push for some protectionist measures during negotiations, including modernizing the Canada-U.S. Dairy Promotion Act and boosting the use of dairy hormones.\nLighthizer told CNBC that he endorsed U.S. dairy farmers.\n“We are going to support Canadian dairy farmers in this trade dispute. Our top priority is great trade, but also we want to do everything we can to strengthen U.S. jobs and trade,” Lighthizer said.\nLighthizer said that he would push for leniency from Canada to compensate U.S. producers for the expensive booze sold by Canadian consumers, a tactic that can cost U.S. producers up to $200 million a year.\nTrump has slammed the Canadian government over taxes as unfair to American dairy farmers, leaving environmentalists to wonder about Washington’s policy preferences for the future.\nTrump last week backed Canada’s bid to reject a U.S. export export tax on imported pharmaceuticals.\n']

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http://www.reuters.com/article/us-california-shooting-idUSKBN17K2DJ

http://www.reuters.com/article/us-california-shooting-idUSKBN17K2DJ

Gunman targeting white men kills 3 in Fresno, California

['Dan Whitcomb']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - A gunman targeting white men who were visiting Fresno, California, killed a half-dozen white men before killing himself with his pistol, according to the Fresno County Sheriff’s Department.\nThe shooting took place in the park near the Zion Woods National Preserve. Police found the slain man’s handgun near the park.\nThe shooting on Friday at the park began when the assailant approached the men and exchanged gunfire, Fresno County Sheriff’s Department spokeswoman Officer Laura Johnson said. The man died on the scene.\nSeveral other white men also joined the gunman in the parking lot, Johnson said. They were in the park nearby, with signs saying “Bad Times Stand With Us” and “Diversity Strengthens Fresno,” according to a news release from the Sheriff’s Department.\nThe man who was shot by the sheriff’s department used his handgun in both the shooting and the shooting itself. That’s when the gunman called a 911 emergency operator to get into a car.\nThe man suffered facial injuries and was taken to a hospital for evaluation, the news release said. The gunman, who police say died from his wounds, was identified by police on Saturday.\nAuthorities were investigating whether the gunman acted alone and police believe he would have been hurt had he not used the gun, Johnson said.\nThe shooting comes less than a week after police released two images of the gunman, one showing a self-styled leader of an extremist group in the U.S. known as the Islamic State. The FBI identified him as the man in the first image.\nThe FBI urged people to observe a heightened security level at the University of California, Santa Barbara campus following last week’s shootings in which one person was fatally shot by a gunman at a downtown Los Angeles-area supermarket.\n']

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http://www.reuters.com/article/us-cleveland-murder-idUSKBN17K11A

http://www.reuters.com/article/us-cleveland-murder-idUSKBN17K11A

Suspect in Facebook video murder kills self in Pennsylvania: police

['Robert Frank']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['PHILADELPHIA (Reuters) - A man who is suspected of killing his mother and two children, then hiding them in bushes and apparently ransacking their home in an apparent cover-up of his own crimes, was shot to death and is suspected of lying to police, a police spokesman said on Wednesday.\nRobert Janke, 45, was found dead in a neighbor’s driveway, authorities said in a statement, with a gun in his waistband. His wife, who live in Virginia, was also found dead in the parking lot.\n(Story reverb, corrects headline, paragraph 7, first three characters to indicate firearm)\nThe killings came as a national debate swirled over the impact of technology on the way police interact with society.\nAs much as U.S. politicians worry about social media’s impact on public safety, nearly 400 police officers died responding to calls reporting violence between police and non-frivolous people in the U.S. last year, with 128 of those killings taking place in Philadelphia.\nStill, the killings have sparked some anger among the community and sparked concern that the trend may now be coming to an end. Last year, three Pennsylvania men killed themselves, one in Florida and another in New Jersey. In a separate case in 2017, 30 people were killed by a man who belonged to a church, and not far from Pittsburgh.\nPhiladelphia police Chief Jerry Dyer said he did not see a reason for the killings, but also didn’t think they were connected. In addition to murder, officers had already established probable cause to arrest Janke in connection with the death of his mother, Alicia Janke, whom he thought was dead, Dyer said.\nTwo of those deaths occurred in Pennsylvania’s capital city, which has a high homicide rate. One neighbor asked investigators how much snow it had dumped on his property and whether Janke was weathering it.\nThe neighbor, who did not want to be identified, told police Janke had a “strong bias” against police and said he liked his job.\nDyer said he would not be known to investigators, and the neighbors will likely try to contact relatives during the investigation. No one has been arrested.\n']

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http://www.reuters.com/article/us-arkansas-execution-idUSKBN17K2P8

http://www.reuters.com/article/us-arkansas-execution-idUSKBN17K2P8

Company sues Arkansas, charging fraud over lethal injection drugs

['Jon Herskovitz and Steve Barnes']

01-01-2021

reuters.com

success_wayback

gen

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['Arkansas and two other states have filed a federal lawsuit against Nevada and South Dakota over the untested drugs in lethal injection medicine, accusing them of a "coercive and persistent threat to national security."\n"Over the past two decades, there has been no innovation in the realm of lethal injection drugs in Arkansas and South Dakota. State and local authorities have sought criminal sanctions against defendants involved in the manufacture and supply of lethal lethal injection drugs with respect to the substandard and inadequate treatment and testing," the lawsuit, filed Monday in U.S. District Court in Arkansas, says.\nIt does not specify what the government is seeking in the suit against Arkansas and South Dakota. The lawsuit says the drugmakers are "convinced that the drugs designed to execute the condemned inmate must comply with federal and state regulations."\nThe lawsuit - the only one to have filed by states in recent years - argues that state and local authorities have violated the Right to Due Process and Due Process of Law by "designating the substandard and inadequate treatment, death penalty treatment, and appropriate backup and advanced medical care as the state\'s standard for lethal injection."\nArkansas and South Dakota have not been charged with violating the law or the victims\' rights.\nThe lawsuits allege that Arkansas officials have used the product in an "inadequate manner," resulting in death. Arkansas and South Dakota have not been charged with violating the law.\n"Because defendants have never been found to possess substantial quantities of the sedative pentobarbital that currently exists, defendants should not have liability and well-being risks to themselves and the public," the lawsuit reads.\nThe lawsuits also allege that Arkansas officials had the model of a single small hospital where the condemned inmate was taken into a private practice.\nIn that facility, Reeves Institute at University of Arkansas Hospitals and Clinics has been the site of several executions, including the 2007 death of Clifford G. DeWitt.\nTimothy A. Perry, the firm\'s director, has denied in court documents that former Reeves executive director David Hawkins used a bi-camarero product, Abbott Laboratories, designed to block the pentobarbital in deaths.\nPerry confirmed that the drug used in Johnson & Johnson\'s drug intended to kill Bradley Manning, the WikiLeaks founder, has been used in gas chambers and other lethal injection applications.\nThe lawsuit alleges that Bryan P. Singleton, a former lawmaker and Rhodes Scholar, used a similar product in an unsuccessful bid to kill Omar Abdel-Rahman.\n(Reporting by Jon Herskovitz and Steve Barnes; Editing by Grant McCool)\n']

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http://www.reuters.com/article/us-usa-court-debtcollection-idUSKBN17K23X?il=0

http://www.reuters.com/article/us-usa-court-debtcollection-idUSKBN17K23X?il=0

U.S. Supreme Court hesitant to expand debt collection abuse law

['Andrew Chung']

01-01-2021

reuters.com

success_wayback

gen

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['FILE PHOTO: U.S. Supreme Court Justice Anthony Kennedy, Supreme Court Justice Sonia Sotomayor and U.S. District Judge Paul Gardephe participate in a news conference in Washington, U.S., October 25, 2016. REUTERS/Jonathan Ernst/File Photo\n(Reuters) - The U.S. Supreme Court is weighing whether a law that uses the simple suggestion of a mandated trigger to collect on injuries occurred in an act enacted by Congress in 1997 when Congress enacted it, according to a Justice Department filing on Wednesday.\nThe law targets the Adequate Deficit Prevention (AFP) Act, which sought to prevent states and localities from colluding to collect rates for service providers, according to the filings.\nThe Adequate Prevention Act (AFP), which requires supervisory agencies to obtain $2.7 billion a year in annual state and local payments for crimes involving guns and explosives, was enacted as part of a long-term, overarching framework for behavioral and financial policy.\nThe Court was unable to find for reasons beyond what the ADP Act required, whether intentionally or unintentionally, and how broadly it broadened the term of the Act, which was enacted in 1965.\n“We found that, while the baseline mandate to collect AFP was necessary, it did not match the high objective and rigorous requirements required by the statute,” Justice Department lawyers wrote in the filing.\nThe ADP Act “covers allegations of misconduct,” they added.\nA spokesman for the U.S. Department of Justice did not immediately respond to a request for comment.\nBoth political parties said they are reviewing the filing. State attorneys general, including California and Mississippi, have also asked the court to take action.\nRepublicans have said that there is no such requirement for collection of AFP. A spokesman for Mississippi said state attorneys general were considering re-looking the ADP Act and that it “appears to be the right for Mississippi.”\nThe ADP Act was upheld by the U.S. Supreme Court in 2011, and President Donald Trump has been a critic of the statutory terms of the law.\nThe ADP Act’s mandates overlap with the Romney-era law that sets limits for how much states can collect on property or other damages from citizens, in particular from attacks on the government or airline workers.\nThe Romney-era law also provides the same elements that help enforce the previous (Romney-era) states’ intent to collect on insurers.\nTrump signed legislation in the 2018 session that amended the assault weapons ban and tightened gun restrictions.\n']

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http://www.reuters.com/article/us-usa-politics-georgia-idUSKBN17K0CW?il=0

http://www.reuters.com/article/us-usa-politics-georgia-idUSKBN17K0CW?il=0

Republican vows ’all hands on deck’ in Georgia congressional runoff

['Doina Chiacu']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['GAINESVILLE, Georgia (Reuters) - Republicans on Tuesday challenged Georgia House of Representatives members and state senators to hand over their Republican districts and state and local records so they can win in Thursday’s vote in the state’s congressional elections.\nRepresentative Sander Levin (D-MI) speaks during a speech on the Iowa State Fairgrounds in Glynn County, Iowa, U.S., September 30, 2017. REUTERS/Kevin Lamarque\nThe Republican bid comes as Georgia is trying to stay competitive against the November 2018 midterm elections by either hiring more Republican state senators or by luring a handful of Republicans into a primary where they can be introduced as future House members.\nIf the Republican takeover succeeds in the Senate - and the house will have to advance party nominations again for two midterms - the primary will be a fraught and contentious affair in the West Georgia district encompassing portions of four other Georgia cities - Brunswick, Colson, Covington and Judson.\n“Count me in as four Republican state senators,” said Congressman Sander Levin, the chairman of the House Republican leadership task force. “The only way you’re ever going to grow and win in Georgia is through a Republican district or through winning a congressional primary.”\nU.S. Representative Sander Levin (D-MI) speaks during a speech on the Iowa State Fairgrounds in Glynn County, Iowa, U.S., September 30, 2017. REUTERS/Kevin Lamarque\nThe Republican challenge comes as Democrats are scrambling to find voters willing to put a label or label on their candidate.\nA state legislator with the name “Sander Levin”, the Georgia state senator who represents the district was officially removed in September after a constituent of Levin’s rejected his reappointment. The Democratic Congressional Campaign Committee said on Wednesday that Representative Levin was removed over allegations of ethics violations.\nThursday’s vote includes four current Georgia lawmakers. Republican Tammy Duckworth of Wisconsin and Republican George Voinovich of Ohio have taken on Democratic Senate candidate Mary Peters.\n“Democrats in Georgia are sure to fight any group of people that try to get us back in the House or the Senate, and we know that they’re right. We can’t win here without supporting our candidates,” Republican Representative Charles LeClaire of North Carolina said on Tuesday.\nThe House GOP leader-dominated “all hands on deck” will “stop short of telling any candidates to go, but we’re going to continue to mobilize our party to fight against this dysfunctional Congress,” Kentucky Republican House Speaker Matt Bevin said.\nHe said that Democrats had “bought politics, reorganized our party and put the country above every person in this room” in trying to provide Democrats with “the opportunity to elect a diverse slate of Democratic House Members”.\nDemocrats in Georgia are going to need the backing of 18 of the 25 Republican House members, and 69 Republicans, to pass a budget. The number is expected to grow to at least 100 if the party wins statewide elections this fall.\nIf Democrats win control of the House of Representatives in November, they would need to win the 2018 election to continue to hold the Senate and U.S. House of Representatives.\nGeorgia’s governor, Mikaela Kaplan, did not immediately respond to a request for comment.\nU.S. Representative Sander Levin, center, sits on the House Republican leadership task force board during a speech on the Iowa State Fairgrounds in Glynn County, Iowa, U.S., September 30, 2017. REUTERS/Kevin Lamarque\nDebate heats up between the Texas Representative Will Hurd and former Georgia Representative Jim Cooper. Both are running for a two-term Democratic congressional seat, which allows them to stand pat on their tickets, but both have faced political challenges.\nRepublican state Senator Rich Rodriguez of Georgia is running against Democrat state Representative Doug Jones in this fall’s Georgia governor’s race.\n']

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http://www.reuters.com/article/us-egypt-violence-idUSKBN17K2FU?il=0

http://www.reuters.com/article/us-egypt-violence-idUSKBN17K2FU?il=0

Gunmen kill policeman in attack near Egypt’s St. Catherine’s Monastery

['Ali Abdelaty']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['CAIRO (Reuters) - Gunmen in a car shot dead a policeman in central Egypt on Sunday and a highway crash near the monastery of Saint Catherine’s Monastery in the Western Nile Delta, a security source said.\nThe assault happened in Shams province on a busy highway between Shams and Misr, the source said.\nThe incident raised fears about an increasingly deadly security challenge in the remote region whose main source of income is from cotton, an agricultural commodity, that many Egyptians still shun.\nEmergency services were immediately on the scene, the source said. The dead man was identified as a 37-year-old emergency services worker.\nSt Catherine’s Monastery is home to some 2,000 of Egypt’s 1,200 monks, including Roman Catholics and Jews.\n“Four gunmen in a car burst into the monastery and fired seven or eight rounds. When police arrived they were killed by three bullets and three rifles,” the source said. “Two of them were injured in the head.”\nThe assailant managed to drive the car and crashed, the source said. He was killed in a single-vehicle accident, which occurred close to the monastery’s entrance, a Sunni Muslim former Catholic priest told Reuters by telephone.\nThe unrest has been linked to sectarian attacks by followers of Islam’s ruling Salafi group. About a dozen people were killed last month.\nThe United States, the United Nations and state department have been monitoring the security situation since Islamist President Abdel Fattah al-Sisi came to power in 2013. The crackdown has brought weapons to the increasingly lawless region.\nEgypt says security forces are needed to put an end to the violence in the region.\nLast year, 24 policemen were killed and 72 wounded in violence across the region, nearly three times the previous year.\n']

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http://www.reuters.com/article/us-corning-verizon-idUSKBN17K201?il=0

http://www.reuters.com/article/us-corning-verizon-idUSKBN17K201?il=0

Verizon, Corning agree to $1.05 billion fiber deal

['Anjali Athavaley']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Jan 1 (Reuters) - Verizon Communications Inc and Brookfield Asset Management Inc agreed to a $1.05 billion deal to create a fiber-to-the-home (Fiber-to-the-Internet) company in a complicated deal for Verizon Wireless.\nThe talks, scheduled to close in the second quarter, give Verizon greater foothold in the U.S. market, the companies said. Verizon Wireless, the No. 3 U.S. wireless carrier, is the largest wireless provider in the country with a market cap of $21.9 billion, according to market data provider Bloomberg.\nThe deal provides Verizon Wireless with the bulk of its investor haul, including commitments from banks including Bank of America Corp, Goldman Sachs Group Inc and Morgan Stanley.\nThe deal makes Verizon one of the biggest investors in consumer-focused telecom companies - and could help it bring lucrative deals like one with Comcast Corp, or another which happened after Verizon agreed to buy Time Warner Cable.\nBrookfield’s involvement adds another layer of complexity to the deal. BofA is also a major investor in Verizon Wireless as an equity investor.\nVerizon’s infrastructure in the United States, which feeds Verizon Communications’ network, could be used as a data link for the Internet.\nBrookfield’s investments have been big in the industry, including building fiber optic cable networks to access the U.S. internet and reaching new cities.\nVerizon Wireless, the No. 2 U.S. mobile carrier, has been an investor in rivals Apple Inc and Verizon Wireless. Verizon’s most recent investment was in Cigna Corp, which owns United Airlines, for $5.4 billion in 2011.\nBrookfield bought more than half of Cigna for $39 billion in 2015.\nIn September, Brookfield said it was pursuing acquisitions to bolster its online streaming video and broadband computing businesses, and would remain an investor in DirecTV parent Dish Network Corp, even after Dish’s acquisition.\nThe companies said they expected the transaction to contribute to their earnings by fiscal 2020.\nBrookfield said it expected the transaction to be a net contributor to its net income for the fiscal year ending in July, assuming a “meaningful financing” in fiscal 2019.\nThe transaction is expected to be accretive to earnings and free cash flow for a standalone Verizon Wireless, the companies said.\n']

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http://www.reuters.com/article/us-usa-stocks-idUSKBN17K1AJ?il=0

http://www.reuters.com/article/us-usa-stocks-idUSKBN17K1AJ?il=0

Goldman Sachs, J&J pull Wall Street lower

['Chuck Mikolajczak']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: An employee works at a New York Stock Exchange (NYSE) sign in New York City, U.S., March 27, 2017. REUTERS/Brendan McDermid/File Photo\n(Reuters) - U.S. stock indexes and bonds pared gains on Tuesday, following mixed technical cues from Europe and Asia while gold slipped on renewed concerns that a big monetary stimulus in the United States is not likely to happen soon.\nThree of the past four months have seen substantial rises in U.S. stocks, starting with stocks reaching their highest levels since September 2016 on expectations that a U.S. Federal Reserve interest rate hike is imminent. [FRX/]\nInvestors have turned away from the rising risk appetite in recent weeks and instead focused on riskier assets such as bonds and real estate.\n“It’s not necessarily great, it doesn’t feel like a deal. It’s not necessarily feel like a deal happening,” said Tom Porcelli, portfolio manager at Wells Fargo Private Bank in Boston.\n“It feels like more risk is coming to the U.S. policy, you see more volatility,” he said.\nAt the close of U.S. trading, the Dow Jones Industrial Average fell 130.58 points, or 0.95 percent, to 20,871.83, the S&P 500 lost 19.62 points, or 0.96 percent, to 2,588.10 and the Nasdaq Composite dropped 33.94 points, or 0.91 percent, to 7,102.01.\nSpot gold dropped 1.5 percent to $1,178.49 per ounce, while U.S. Treasuries prices .SPLRCT fell, with the benchmark 10-year note rating down 5/32 in price to yield 1.652 percent.\nStocks pared gains on the option expiration last week, when the so-called Bullion Market Volatility Index spiked to a four-year high.\nRecent drop in volatility meant markets were willing to take on higher risk for a time, but their reliance on short-term moves toward the end of the month was hurt by investors’ perception of risk rising again.\nInvestors worried the lack of an interest rate increase by the Federal Reserve would weaken its credibility to carry forward its monetary stimulus program, and the disappointing U.S. jobs report is expected to delay further Fed rate increases.\nThe dollar was slightly weaker versus a basket of world currencies.\n“The short term focus is we’ve got volatility over 10% relative to stocks. Once you get that volatility at the end of the month, you’re probably going to get a trade,” said Steve Hamling, a commodities trader at RBC Wealth Management in San Diego.\n(Corrects day in latest paragraph to end in latest paragraph, with statement from HSBC)\n']

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http://www.reuters.com/article/us-tatts-group-m-a-kkr-idUSKBN17K2NS?il=0

http://www.reuters.com/article/us-tatts-group-m-a-kkr-idUSKBN17K2NS?il=0

KKR-led group ups ante in bidding war for Australia’s Tatts lotto

['Jamie Freed']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['A man walks past a line of Port Macquarie Lotto convenience store displays their winning odds for the Australian lottery at Kempsey, New South Wales September 30, 2013. REUTERS/Russell Cheyne\nSYDNEY (Reuters) - Australian internet billionaire group KKR has raised its stake in Australian lottery company Altun Media to 50 percent and looked set to table a bid for the Las Vegas-based prize-making company on Wednesday.\nThe privately held conglomerate, which controls more than 70 percent of total offer-to-buy-offs in Australia, said in November it had raised its stake in Altun from its previous level of 52 percent.\n“KKR’s analysis has determined that they are doing a very, very good job in protecting and expanding Altun’s investment in the Australian market,” Patrick Williamson, KKR’s equity analyst, said.\nThe stakes raised by Altun in the Australian lottery scheme and the Australian proposed Macquarie Group Group (MQG.AX) property and entertainment company have drawn attention from overseas investing outfits and many industries looking to attract investment.\nAltun generated A$20 million ($7.36 million) in revenue in its first 12 months of operation last year. It is “in robust expansion mode”, KKR’s Williamson said.\nAltun and Altun Group declined to comment.\nKKR said in a statement that Altun’s Australia Business Group had hired UBS and Credit Suisse to advise on its A$100 million ($81.88 million) bid for the three-and-a-half year-old company.\n“As the Australian Lotto’s case is set out, the company continues to excel and the proposed Australian Strategic Investment Bank (ASIB) proposal from the Australian government is excellent,” KKR said.\nAltun is best known for its stashed concept of Australians killing themselves with nothing to do but hang on while their friends do so much more than what one would wish.\nOne view in the Australian industry, including investment in Australian media companies, is that Asia is taking a bigger interest in Australian-based businesses.\n“Some time before I (may) have realised that it’s time to live in Australia. Many of the great Australian media and companies are buying Australian stocks,” Matt Sinclair, CIMB’s chief strategist, told Reuters.\n“The Aussie demand is strong and international markets are more attractive. It is important that there is a good exchange rate, not only for Australia, but in any other investment that Australia can offer,” Sinclair said.\n“Many of these areas have potential rewards but they can be very short-lived,” he said.\nLast year, Altun’s net debt, before the discount claim and after various partnerships, was $6.17 billion, up 2.6 percent on a year earlier. A-League sponsor Telstra, for example, has kept its stake in Altun up until 2012 after strong investment.\n']

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http://www.reuters.com/article/us-usa-un-rights-idUSKBN17K2NG?il=0

http://www.reuters.com/article/us-usa-un-rights-idUSKBN17K2NG?il=0

U.S. highlights human rights at U.N. council, but some states wary

['Michelle Nichols']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['UNITED NATIONS (Reuters) - The United States appealed on Tuesday to the United Nations Security Council for a review of its record on human rights, saying it was “politically motivated” to raise concerns at a U.N. meeting it must conduct.\nDemonstrators protest against U.S. President Donald Trump in the southwestern city of Chengdu, China, December 4, 2017. REUTERS/Stringer\nThe United States is a strong supporter of human rights but advocacy for rights at the U.N. is fragile, at a time when the Trump administration has called on all 193 members of the General Assembly to guarantee fair elections.\nU.S. Ambassador Nikki Haley asked for an audit of the U.N. review before it moves forward. “It requires a strong mandate of the Security Council as well as reassurance from Congress,” she said.\nThe U.N. has been moving along a two-year process to examine rights at the U.N. Human Rights Council. While the Human Rights Council is a non-permanent council in its current body, it meets in its “Guardian” role.\nA committee of nine, including members from developing countries, are expected to be finished by May.\nThe discussion on whether the United States was responsible for the 2015 Syrian Civil War led to frustration in Yemen and due to the emergence of President Donald Trump, who has taken a hard line on Iran, whose influence is seen more harmful than helpful in backing human rights efforts.\nHaley asked the Security Council to show continued influence as the U.S. administration could be seen as giving Washington undue political influence, something that Washington is likely to abandon if its personal preference is restored.\nThough the United States has said it supports human rights, it also has raised issues like whether it is biased in favour of Syrian President Bashar al-Assad and Egypt’s Hosni Mubarak or the Palestinian Authority, which has served as a target of U.S. efforts.\nIn Tehran, Iran’s foreign ministry issued a statement saying Haley’s request was entirely about human rights at the United Nations and called on its members to show continued influence.\n“The (U.N.) Independent Human Rights Council must effectively play its role in addressing rights violations,” read a statement carried by Iranian state news agency IRNA.\n“Under the Paris Agreement, individuals are expected to be removed from those who oppose its implementation. But a country can still be able to create its own laws and I am confident that today Iran will not have that,” the ministry said.\n“UNO (for Human Rights’ Party) must ensure that the State of Israel is officially established as the international organization that seeks to guarantee and protect the rights of all its citizens, and those of Iran,” it added.\nThis makes a lot of countries look to the United Nations as a check against the people that threaten them or threats them, said Wadia Abdullabem, foreign policy fellow at the U.S.-based Human Rights Watch.\n“It worries us because there is a big difference between a state, which is human rights violator like Iran, and something like the United States, which is a violator of human rights who has no human rights,” he said.\nThe United States is an established member of the UN’s Human Rights Council but can rarely rule its own chapters, Abdullabem added.\nThe Obama administration tried to hamper its four-year body by introducing new sections on the rights of religions, but this effectively removed members from the Human Rights Council.\n']

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http://www.reuters.com/article/us-mediaset-vivendi-regulator-idUSKBN17K2HS?il=0

http://www.reuters.com/article/us-mediaset-vivendi-regulator-idUSKBN17K2HS?il=0

Italy orders Vivendi to cut stake in either Telecom Italia or Mediaset

['Giulia Segreti']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['MILAN (Reuters) - The sale of Italy’s former monopoly Telefonica (TEF.MI) and Vivendi’s Mediaset is to be ended, Italian industry sources said on Thursday, extending the reach of the media group to a standoff with cable operator Ziggo.\nFILE PHOTO: Telecom Italia Ltd (TIMO.MI) chief Gianfranco Frugolis (R) talks with Vivendi Executive Chairman Jean-Marie Messier during a conference at Vivendi headquarters in Davos, Switzerland January 24, 2019. REUTERS/Denis Balibouse/File Photo\nFinland’s Mediaset group (MEG.PA) joined the fray after Vivendi lost a major shareholder, while a number of other countries have expressed discontent with the CEO of Vivendi’s O2 (ORU.S) unit, Yves Guilfoyle.\nFrugolis, the chairman of O2’s parent, Renault (RENA.PA), urged other shareholders to ensure Telefonica - which owns 20 percent of the operator - does not fail to get a stronger shareholding from French rival Capita.\nA colleague of Vivendi’s chief executive Jean-Bernard Levy, who was also involved in the O2 merger talks, said Frugolis “simply has no sense whatsoever in seeking respect for industry stakeholders.”\nTelefonica has posted a loss in a 12.9 billion euro ($13.3 billion) year on year. It is less interested in rewarding domestic shareholders who value their future earnings and dividends, the source said.\nOn Thursday, Italian media reported that Frugolis had spoken to Antofagasta (ANTOF.MC) and Swiss franc exchange company Switchett to get more leverage in its push to de-list Telefonica as a holding company.\n($1 = 0.9488 euros)\n']

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http://www.reuters.com/article/us-south-sudan-un-hostage-idUSKBN17K262?il=0

http://www.reuters.com/article/us-south-sudan-un-hostage-idUSKBN17K262?il=0

South Sudan refugees release U.N. Congo mission staff

['Aaron Ross']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: U.N. Division Chief Francis Maurel places a U.N. peacekeeping team together after their release in New York, U.N. headquarters, December 8, 2017. REUTERS/Lucas Jackson/File Photo\nCongo\'s President Joseph Kabila said Friday his government would end air transport to international conflicts under new rules.\nMoukandjo said a cease-fire had been agreed between the Democratic Republic of Congo (DRC) and the West African country after the Oct. 28 by-election in the eastern city of Kinshasa.\nBut Congolese security forces have been engaged in several attacks against African peacekeepers in recent weeks, and former president Laurent Kabila fled to neighbouring Rwanda in September to seek refuge in exile.\nThe U.N. inspector general for the former Yugoslav Republic of Congo Serb Majgir Mahjoub said in the statement seen by Reuters that a security agreement between the government and the rebels did not allow the process to proceed.\n"Moukandjo has requested that the Interim Police Affairs Committee, led by Serb Seppur Maloko, notify the National Police Authority of the cessation of hostilities, who shall be dispatched immediately to Kinshasa in order to end the violence," the statement said.\nMoukandjo said the minister would hold a meeting with all Congolese refugees in Kinshasa on Jan. 10 in his office.\nBoth U.N. Secretary-General Antonio Guterres and German Foreign Minister Frank-Walter Steinmeier are scheduled to travel to Congo from Jan. 6 for a two-day visit.\nThe interim constitution says the central government will relinquish powers if presidential elections are held before the end of 2019.\nU.N. peacekeepers were ordered out of Kinshasa this month after Congolese forces shot dead the house of Bosco Ntaganda, one of two lawmakers elected to parliament who was being investigated for alleged links to a banned group.\nGuterres said in a statement that aid agencies, along with local partners, would aid Congolese fighters in tackling the crisis.\nMoukandjo said the regional response plan would be finalised by the weekend.\n(Reporting by Aaron Ross; Editing by Andrew Bolton)\n']

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http://www.reuters.com/article/us-alabama-politics-idUSKBN17K2A7?il=0

http://www.reuters.com/article/us-alabama-politics-idUSKBN17K2A7?il=0

Alabama’s new governor orders speedier election to fill Senate seat

['Bernie Woodall']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["WASHINGTON (Reuters) - Alabama’s newly elected governor on Tuesday ordered at least a five-day period of higher voter registration drives in both the presidential and gubernatorial races, an unprecedented move in the struggling state.\nAlabamians go to the polls for Alabama's governor elections in Birmingham, Alabama, U.S., January 1, 2021. REUTERS/Brian Snyder\nRepublican President Donald Trump in the state was re-elected in November but the races remain heavily reliant on his signature legislative agenda, including immigration, violence and investigations into Russian meddling in the 2016 election.\nVoters were not allowed to cast ballots on Thursday in the Democratic-leaning state, and under state law only voters who paid an attorney to represent them in court would be eligible to vote. It was unusual for the federal government to issue a regulation that directed state government agencies to begin electronic voter registration drives.\n“By being able to provide regular voter registration drives within our State, we can begin the implementation of the new voter ID law that became law on Wednesday,” Governor Robert Bentley said in a statement on Tuesday.\nThe move coincided with a lawsuit brought by a retired civilian nurse who complained of the spread of false identity fraud in Alabama that is estimated to cost the state more than $400 million in fines.\nElection officials say they are ready to move forward with election campaigning in Alabama despite a sluggish turnout in the November election for governor.\nThe new law requires candidates to file full legal documents by Friday and has already slowed out-of-town registrations by 75 percent in some counties, compared with presidential poll watchers.\nThe head of the state registrar of voters James Dominguez told the Birmingham News that since February 1, more than 130 notices have been posted to registered voters.\nMost of those messages were on higher lists of registered voters that should show voters a portion of the total number of people in the state who were registered to vote before Tuesday’s deadline.\nIt was not clear whether registration would also be extended beyond the four-day time limit, which has been set by a federal judge in Texas.\n"]

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http://www.reuters.com/article/us-intuitive-results-idUSKBN17K2H8?il=0

http://www.reuters.com/article/us-intuitive-results-idUSKBN17K2H8?il=0

Intuitive Surgical raises 2017 procedure growth forecast

['Bill Berkrot']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Intuitive Surgical Inc has raised its 2018 revenue growth estimate by four times to 9 percent after the da Vinci surgical system maker last week reported better-than-expected quarterly results and revised guidance.\nIntuitive Surgical Holdings Inc logo is pictured at its investor day in Encinitas, California in this October 27, 2016 file photo. REUTERS/Fred Prouser/Files\nFor the current year, the company expects new patients to have fewer complications and procedures, compounded with reductions in patient costs, it said in a statement on Friday. It has also raised its revenue estimate by six-fold from its previous estimate of 8 percent to 10 percent, it said.\nFourth-quarter revenue was $915 million, versus $882 million a year earlier. Sales are now expected to be $1.1 billion to $1.6 billion for the full year, compared with a prior range of $825 million to $830 million.\nIntuitive Surgical earned $188 million, or 72 cents per share, in the fourth quarter, up from $191 million, or 72 cents per share, a year earlier.\nSales excluding acquisitions stood at $1.39 billion in the prior-year period, compared with $1.44 billion a year earlier.\nThe company’s shares closed at $482.34 on Friday on the New York Stock Exchange.\n']

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http://www.reuters.com/article/us-usa-immigration-mexico-exclusive-idUSKBN17K2CE

http://www.reuters.com/article/us-usa-immigration-mexico-exclusive-idUSKBN17K2CE

Exclusive: Asylum applications in Mexico surge after Trump election win

['Gabriel Stargardter']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['BANNING, Mexico (Reuters) - Asylum applications to Mexico jumped nearly 30 percent in the last three months of 2017 after President-elect Donald Trump won an upset victory over Democratic challenger Hillary Clinton, a potential threat to the powerful U.S. government refugee program.\nPeople look out into the crowd of people waiting for an asylum application in Monterrey, Mexico, October 3, 2016. REUTERS/Marcelo del Pino\nThe annual Migration Policy Institute poll, released on Friday, found that nearly 8 in 10 Mexicans believe Trump’s victory over Clinton should be enough to stop illegal immigration from Central America.\nTrump’s win, combined with sweeping Republican-led congressional majorities in the United States, increased U.S. admissions to Mexico by 75 percent to 9.4 million, the latest official result from Mexico’s government showing the country’s population is shifting away from the United States.\n“For months, thousands of Mexicans have declared they will no longer be waiting for a government that wants to help them,” Cecilia Munoz, a spokeswoman for the U.S. Department of State, said in a statement.\nAbout 290,000 applications to enter the United States are pending, but only about 450,000 Mexican asylum seekers were accepted for U.S. border crossings last year, according to a department statistics report released on Wednesday.\nThat compares with 7.2 million migrants who entered the United States in the first quarter of 2017, U.S. immigration and asylum officials said at the time. Asylum applications are made by sea or air, and are processed by border crossing guards.\nIn November, a Mexican appeals court struck down a Trump administration decision to bar entry of many large groups of migrants to the U.S.-Mexico border and opened up millions of illegal immigrants who traveled to Central America illegally to U.S. deportation.\nThe Trump administration still prefers to take tens of thousands of immigrants that flow through the Texas-Mexico border each year, many of whom go through Mexico.\nLast month, President Enrique Pena Nieto, who has governed Mexico for more than four decades, traveled to Washington for a separate congressional session to release a statement that calls for “a path to citizenship for all the tens of millions of illegal immigrants who fled and are now here.”\nPena Nieto did not make the statement on Friday and, officials and advocates say, there has been no response to criticism from left-leaning politicians in the run-up to Friday’s congressional session.\n']

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http://www.reuters.com/article/us-massachusetts-drugs-idUSKBN17K2JI

http://www.reuters.com/article/us-massachusetts-drugs-idUSKBN17K2JI

Thousands of Massachusetts drug cases to be dismissed after lab scandal

['Scott Malone']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['BOSTON (Reuters) - Nine major Massachusetts drug and safety bodies are scheduled to have their convictions overturned as it emerges that tens of thousands of innocent people were subjected to bogus lab tests while serving time, an investigation into last year’s scandal revealed.\nThe Massachusetts Liquor Control Board announced late on Thursday that it had concluded the state has failed to fully investigate the allegations and risk losing court rulings requiring the agency to revoke the licenses of key suppliers.\nThe Beer LLC scandal led to a wave of criminal cases against the chain of retailers, including Boston-based Chico’s FAS, based in the state, and The Boston Globe reported last week that a single investigation focused on four New England firms owned by a Boston-based food supplier called Corona.\nThe investigation revealed a potential conflict of interest at the Corona-owned production facility and that drug manufacturers were reimbursed as well. The maker of soda wipes, Pepsi, Tide laundry detergent and Tide laundry detergent, declined to comment on Thursday’s announcement.\nOnly because their firms also hosted marijuana stores failed to apply for the license and to provide up-to-date testing kits to lab technicians, they may face negative decisions, Attorney General Maura Healey said in a statement.\n“I am pleased that alcohol manufacturers and suppliers are at liberty to conduct themselves like businesses, so they can try their best to avoid further litigation,” she said.\nPer the letter of intent to appeal, the firms pleaded guilty in June to federal charges of failing to comply with drug tests and falsifying lab records, but no payments were made in late 2015, the FBI wrote in a report that revealed the wrongdoing.\nLawyers and prosecutors, including Healey’s office, have said the conspiracy scheme destroyed evidence that should have allowed an investigation to be launched.\nThe allegations have raised uncomfortable questions for Healey’s newly elected attorney general, Susana Mendoza, who like Mendoza must decide whether to press charges.\nWith a similar oversight challenge looming, the legislature has asked for more time to investigate the case and bring the remaining cases to trial.\nOn Friday, a federal judge in Boston ordered the state to either make a full, immediate withdrawal of any cases or to temporarily halt proceedings. Heading that process are two local drug task force officers, plus U.S. Drug Enforcement Administration officers.\nThere have been thousands of federal criminal trials for big drug makers and suppliers since the investigation began. Most, however, were held behind closed doors and shrouded in secrecy.\nMost have been held on federal charges or the administrative proceedings. Four companies have been fined, including Alejandra’s Pizza, a company owned by Boston-based Amway. Alejandra’s Pizza denied it had any wrongdoing.\n']

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http://www.reuters.com/article/us-goldman-sachs-results-breakingviews-idUSKBN17K1X2

http://www.reuters.com/article/us-goldman-sachs-results-breakingviews-idUSKBN17K1X2

Goldman fintech revolution can’t come fast enough

['Antony Currie']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Jan 1 (Reuters) - Goldman Sachs Group Inc’s (GS.N) recent foray into launching sophisticated finance solutions in China appears to be the biggest step toward leveraging its budding consumer brand in the world’s largest economy.\nThe Global Financial Services Forum, co-chaired by Goldman & Co Chairman Lloyd Blankfein and JPMorgan Chase & Co’s (JPM.N) Chief Executive Jamie Dimon, is set to be held on Jan. 8-10 in London.\n“I’m a big fan of I/O models and how it makes clients more easily transparent,” Blankfein said when he helped select Goldman’s first consumer brand for China in 2014.\nSuch methods in practice in China do not eliminate waste. Instead, they allow clients to come up with their own strategies to achieve efficiency at a time when competition is fierce and investment is scarce.\nBut now that the government has started regulating the financial services industry, it can easily scale up its scale, so that those with access to low-cost credit should not have to pay or accept banks’ fees or tariffs.\n“Right now credit is king. Fintechs are the leaders in it. We don’t just provide that, we do it,” Blankfein said.\nGoldman is one of several banks, including JPMorgan, in China. A statement from them on Thursday said the I/O model in China “makes it possible for us to deepen our relationship with our Chinese customers and partners, and give them high quality service on behalf of the United States”.\nGoldman isn’t alone. The Asian economy grew 5.5 percent in 2016 and will grow 8.7 percent this year, according to the International Monetary Fund, mostly fueled by faster corporate loan growth in China.\nBut the World Bank reported in October that the economy in China contracted between 2013 and 2016, as China’s credit expanded and investment cooled.\nFinance in China seems to be the only industry to have the chance to break through, but the government has still to implement its policies.\n“There’s still no comprehensive framework that focuses on the financial services sector,” said Malatia Lu, an assistant manager at Caixin Securities in Beijing.\n']

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http://www.reuters.com/article/us-philippines-duterte-police-specialrep-idUSKBN17K1F4

http://www.reuters.com/article/us-philippines-duterte-police-specialrep-idUSKBN17K1F4

Special Report: Police describe kill rewards, staged crime scenes in Duterte’s drug war

['Manuel Mogato and Clare Baldwin']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: Philippine President Rodrigo Duterte poses with his Defence of the Constitution congratulatory and letter of congratulations to the winners of a 2018 Oscar Filmmaker Award in Manila, Philippines August 30, 2018. REUTERS/Cheryl Raia\nMANILA (Reuters) - Three Philippine police officers say three top suspects, including a deputy chief of the national police, were involved in an elaborate and staged crime scene gathering at a residential compound in Manila as part of Duterte’s “Operation Golden Dawn”, his famous drug war.\n“Four or five people were involved in the high-speed grab attempt to use the compound as a large-scale high-speed police operation,” retired police sergeant Sonny D. Ramon Jr. told Reuters by telephone on Saturday.\n“After an estimated 35 to 40,000 people were there, the command room was a huge area that has to be destroyed so that’s why the cellphones were located there”.\nDuterte has expanded his war on drugs into a drug war and to his detriment, sentencing around a dozen of his top officials and arresting scores of suspects.\n“This general mindset, that everybody wants to criminalize the administration of peace. We have to take the President and help him succeed in his efforts to defend the people of our state,” said Ramon, who took the armed forces’ taskforce planning and presentation.\nRamon also wants the local police to recover their DNA sample that indicates the identities of the victims.\nIn a letter, the prosecutor general’s office said a special committee was formed under the supervision of the special committee to plan for the high-speed deployment and “supplement” of the case from within the territory.\n“Yearly my office is planning to establish the body, with the main goal of, initiating the investigation and ascertaining who the criminals are as well as the possibility of no returns,” read the letter on the president’s office website.\nLIMITED PURPOSE\nThe police received multiple complaints about the use of the compound for drug dealers, including a member of the police’s command division, who was involved in the vehicle that was shot dead, the letter said.\nSeveral residents have said that the force did not thoroughly follow the procedures required to free the hostages, which included shutting the house down and testing the blood of a police officer, Ramon said.\nAccording to Ramon, the victims were servants and construction workers who lived at the compound with their families.\n“We first came across them in June and four were there. Several hours before (the kidnappers) arrived in the afternoon, one of them was killed, and more body parts were found,” Ramon said.\nAnother bodyguard, also named as M.D. Rosario, died in May and on the way he was carrying a police bulletproof vest, Ramon said.\n“I spoke to a teacher that we had met who has got a scholarship that the police officer who killed the children from Buganda Park had received for the children,” Ramon said.\nA special committee of the Duterte administration agreed to carry out the case, but there was no agreement when the package was handed over to the authorities.\n“We agreed to open the formal investigation into the killing, but the investigators have to give a statement to explain to me what happened,” Ramon said.\n“When we opened the door, the video of the police officer has been found with some of the attackers. If you see any of the bodyguards, you can also see me taking the knife, so even if I see anyone who is the only man with me you can’t separate.”\nRamon said as he spoke about the case, police handlers began to discuss a plan for how to capture the robbers.\nThat plan was continued for more than an hour. By the end of the day, the suspect named in the letter was later killed, Ramon said.\n']

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http://www.reuters.com/article/us-brazil-politics-pensions-protest-idUSKBN17K2BZ

http://www.reuters.com/article/us-brazil-politics-pensions-protest-idUSKBN17K2BZ

Brazil waters down pension reform as protests turn violent

['Maria Carolina Marcello and Ueslei Marcelino']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["SAO PAULO/SAO PAULO (Reuters) - A wave of protests over President Michel Temer’s plan to lift restrictions on private pension funds has gone unpunished.\nBrazil's President Michel Temer reacts as he attends a news conference for Cabinet after a cabinet meeting in Brasilia, Brazil January 1, 2021. REUTERS/Ueslei Marcelino\nBut the tepid response is likely to play a major role in determining how far Temer, 71, will push the reforms before a last-minute summit on Jan. 4.\nA strike by private sector employers forced parliament’s lower house to pass the law on Dec. 27 and called attention to the growing budget deficit and other social injustices, leading to the order to seize services from private pension funds.\nThe result has been a wave of bickering, violence and intimidation from the powerful community of state employees and private sector managers, who have complained about the political balance between the public and private sectors.\nAfter five days of protests in the fourth largest city, favelas near the business district of Sao Paulo, an army encampment opened a 25-metre (165-foot) space on Tuesday to remove protesters in the rubble of a restaurant, favelas that occasionally used to serve snacks and snacks to passersby. The demonstrators surged past the police quickly, said Francisco Gerardo Santa Cruz, who heads the commission of police forces that control favelas in the city.\nThe order to seize the food was largely symbolic, said Santa Cruz, a sociologist. “It was based on the right of the community to have a forum, and that was not the case in the past.\n“This is the right thing to do. At least, not as a tool for police ... No one is talking about the loss of livelihoods.”\nSao Paulo’s Chhara-meo municipality, which covers Mato Grosso state, signed up to take the responsibility.\nCorruption has also been a common issue with the country’s presidential candidates trailing behind them. President Dilma Rousseff has said the plan to trim state earnings, including pension reserves, will lead to layoffs and the deaths of thousands of government workers, as well as costs to resolve disputes with firms.\n“This is a momentous occasion and today is a moment when the citizens have an opportunity to voice the resistance to the financial reform,” Temer said on Tuesday, criticizing how the security services have handled the crisis.\nA$1.6 billion of costs are being wound up, and analysts have warned the U.S. Finance Department could also face additional accounting charges for taking the bailout loan.\nIn Monday’s meeting of the legislature’s lower house, Temer chose the governorship of Sao Paulo, which sits close to the capital Brasilia, to hold a “parliament session” on Jan. 4 to consider the Panama Papers, a global trove of offshore financial information on corporations, rich and poor by billionaire Donald Trump and other high-profile figures.\nThe move faces a steep political backlash from the political opposition. Pensions costs control of the government are estimated to be 18 percent of gross domestic product ($15.56 billion) in the coming fiscal year.\nThe president’s opponents are also seeking the impeachment of his adviser, Alfredo Lorenzetti, because of bribery allegations.\nThe ex-managing director of the San Pedro Sula fund tasked with helping state workers organize most public services has withdrawn his nomination for the top job, saying he did not know how to implement reforms that critics and political allies fear will have demoralized public sector workers.\nTemer also issued a statement of support for Generali’s local unit, which runs workers’ welfare and public pensions in some Sao Paulo municipalities.\n"]

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http://www.reuters.com/article/us-facebook-f8conference-idUSKBN17K24F

http://www.reuters.com/article/us-facebook-f8conference-idUSKBN17K24F

Inspired by Pokemon Go, Facebook pushes augmented reality

['David Ingram']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['SAN FRANCISCO, Jan 1 (Reuters) - Facebook is expanding its advertising partnerships with augmented reality (AR) games to improve the level of the experience on its social network, according to people familiar with the matter.\nThe social network is testing AR at the upcoming Singapore and Rio Games events next month, and doing so through partnerships with brands like Nike and Adidas, said people familiar with the matter.\nFacebook may have to treat the AR games as either game of cards or mere spectator events, a prospect that hasn’t been explicitly discussed but could backfire if they clutter advertising conversations between a number of players and social networks, said these people.\n“That’s where the story of virtual reality is going. We have incredible interest,” said a person familiar with the situation, who declined to be identified because the matter is private. “If you want to get users to keep playing with the AR ideas but you don’t want to have as many people play games, you are going to have to deal with (the social network).”\nFacebook has found the standard of AR experiences out there to be lacking as players play with virtual reality cards or even try out a gaming game, and has focused much of its efforts on testing AR on a handful of platforms that are more limited in size and user numbers.\nFacebook is also trying to broaden its use of augmented reality, and has added virtual reality to the list of companies that also offer AR headsets like the Oculus Rift. Companies are also developing the headsets as ways to make augmented reality more comfortable for mobile users.\nFacebook has the largest number of virtual reality games available in the United States at 89,420, of which 64 percent are “true” AR games, according to research by the social network.\nFacebook is also actively working on developing AR-fuelled commerce apps that can be targeted by people, the people said.\n“We had the idea that virtual reality was awesome for developers and so we thought it should be done as a 2-D experience but made with augmented reality,” said one person familiar with the company’s plans.\n“We have explored that for a while now, but this is a pretty powerful, ambitious thing that Facebook can say to help improve the AR experience for users,” the person added.\nFacebook is doing so for the first time since 2014, when it began testing AR solutions with a handful of partners including Dick Tracy, the NCAA sports basketball tournament, the Cartoon Network and Warner Bros. Entertainment.\nFacebook is also “launching the Magenta Ads” feature, which allows developers to embed a website logo at top of the AR video they are showing.\n']

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http://www.reuters.com/article/us-new-york-patz-idUSKBN17K0ZA

http://www.reuters.com/article/us-new-york-patz-idUSKBN17K0ZA

N.Y. man gets 25 years to life for 1979 murder of Etan Patz

['Laila Kearney']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['NEW YORK (Reuters) - A North Carolina man, charged with murdering Staten Island College students Etan Patz and Matthew James on a Manhattan subway ride, has served 25 years to life in prison.\nRue de la Hommes Manuel, 24, was indicted in September on first-degree murder charges but has decided to remain in custody pending trial. He is now confined to a state prison.\nAt an arraignment on Monday, Marques Donahue, Patz’s father, described him as a kind man.\n“He always has the smile of a 21-year-old,” he said. “He’s a nice kid, but no one’s going to believe that he did this to deserve this.”\nThe man admitted playing a role in the killings, hoping to make something out of it, saying “he was just a hothead.”\n“I have no doubt about this,” he said of the defendant’s role. “This was a heinous crime.”\nA news release from the Crown is titled “Our son is too sorry, to question” and said Renee DeJoria, a co-principal of NYC’s George Washington High School, did not attend the arraignment but was preparing to head to prison.\nNew York City Police Department Spokesman Brian Brennan said on Tuesday the victim was found dead on Manhattan’s 1 subway track, on February 27, 1979.\nThe cold-blooded killings of 12 of Patz’s classmates and de la Hommes began when the 13-year-old Patz fell to the station after he was dropped off at the bus stop.\nThe family of Ed DiGregorio, the victim’s father, requested that only his son remain with family.\nHomeschooling is a profitable business in New York City, where young adults are at particular risk of becoming homeless. As a condition of the school program, new students are protected from runaway parents and from receiving counseling services that may violate the agreement.\nThe families met last week for more than 10 hours, but neither side offered an agreement. DeJoria said he understood the concern some parents and community members had for their son.\nShe also said she was sympathetic to the family’s plans to withdraw the child’s mother from the foster care system.\n']

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http://www.reuters.com/article/us-goldman-sachs-results-equities-idUSKBN17K2IF

http://www.reuters.com/article/us-goldman-sachs-results-equities-idUSKBN17K2IF

Goldman Sachs licks wounds in equities trading as peers grab share

['Olivia Oran']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["(Reuters) - Goldman Sachs Group Inc has slammed large numbers of competitors' shares that sailed above industry norms in its latest 10-K report, incurring roughly $12 billion in losses for a portfolio with 77 days of trading on stock markets around the world.\nPeople listen to a live feed of the Goldman Sachs 2015 annual meeting at Goldman Sachs in Manhattan, New York, U.S., January 4, 2015. REUTERS/Brendan McDermid\nWhile Goldman's disclosure has previously included statements like “continued strong results,” the firm has increasingly shuffled downward to take the less-profitable reasons for securities misconduct off Wall Street's doorstep.\nMuch of that came earlier this year with the infamous 2009 BATS Exchange-traded fund abuse by trader COO David Solomon, which forced Goldman's day-to-day trading to be led by private accounts with assets of less than $10 million.\nWhen Solomon took the reins as head of stock trading two years ago, he set out to rectify the situation. His first task was to persuade publicly traded companies to align profits with an expected range of earnings and cash flow, and so forth.\nBut it turned out that the U.S. stock market was one of the most complacent places on Wall Street, which meant that as exchanges began to set their own rules, stock filings took on a higher profile than usual.\nEven so, Goldman Sachs would not have dared to print its target number of losses to investors in 9.2 percent of its portfolio that was allocated to companies with a market capitalization of $1 billion or more.\nTypically, the amount spent on securities is from just over one percent of portfolio turnover. In this case, about 40 percent of the decline came from subpar stock markets, Goldman said in the 10-K filing.\nBut Goldman said it added a layer of detail when it turned to its models for asset allocation.\nIn two cases, the size of hedge funds were assigned to a division that took bad stock market performance on a par with those of U.S. and foreign stocks.\nIn one case, a hedge fund that was assigned to a bond mutual fund that used the same low-cost asset allocation as Big 3 was assigned to a handful of bond funds in one of the worst-performing markets on Wall Street since 2000.\nIn another case, Goldman's mix of units were assigned to separate dollar volume traders who got to work in the equity markets and switch their trades to a different trade at other firms at different speeds.\nGoldman added that it sought to realize the value of this portfolio when its partners argued that Goldman would lose its value on dollar volume in a no-contest match.\nBut when it turned to the theme of tactics that forced a certain number of investment managers to rethink their investment strategies, Goldman said that its new road map aims to speed up its actions.\nUnder the “Commissioner Management Plan,” Goldman said it will shift more strategy. Among other things, the firm will move away from explicitly handing out trades, sometimes in some cases because of other reasons, and focus instead on daily cross trading.\nGoldman's model suggested that its selling of investments would make the amount spent on securities less attractive to suit a single portfolio, and that the return of funds would be lower on each trade, instead of pushing it up against one another.\n“Recall that we are the largest financial advisory firm with 82 percent of its assets invested in open-end mutual funds and funds that trade on a daily basis. So we face no comparative constraints on our allocation to open-end funds and funds that trade only at daily Cross Trading days,” the firm wrote in the 10-K filing.\nIn its own dark-horse example, Goldman said that the compensation for hedge fund managers would shift from below average performance to an “equity ratio ratio ratio ratio ratio” in two ways. The first change is to reflect market swings in trade; the second to reduce trading costs to target a low or median multiple on the current firm's stock.\n"]

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http://www.reuters.com/article/us-britain-eu-may-idUSKBN17K0V4

http://www.reuters.com/article/us-britain-eu-may-idUSKBN17K0V4

British PM May calls for early election to strengthen Brexit hand

['Elizabeth Piper, Kylie MacLellan and William James']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["LONDON (Reuters) - British Prime Minister Theresa May called on Sunday for new elections to deal with Brexit chaos, even after Britain’s formal exit from the European Union sparked chaotic scenes at airports.\nBritain's Prime Minister Theresa May poses for photographers with her family outside the Queen's Political Column in Westminster Abbey in London, Britain, January 1, 2021. REUTERS/Peter Nicholls\nMay said her own government would like to be able to see Brexit done by the European Union, with Prime Minister Theresa May also arguing for new elections to make sure the opposite happened to the customs union and single market.\n“We’re a little bit of an early Brexiter. But we have a special responsibility as a government to see Brexit done so that we can fully and successfully carry out our strategic work,” she told a news conference with Finance Minister Philip Hammond.\nBritain is due to leave the EU March 29 with no changes to the UK’s divorce deal, leaving it with no strong regulatory future with the other 27 EU countries.\nYet on a wide-ranging speech before delegates at a Britain’s Chamber of Commerce in central London, May signalled she was open to new treaty tweaks which might be needed to ensure Britain benefits from the political checks and balances provided by the UK’s formal separation from the EU.\n“I believe we have to be able to predict what will happen. And you will find out very quickly in what the procedure of EU treaties is going to be,” she said.\nMay has warned that the UK would have to make “difficult choices” if it wants to remain in the EU’s customs union. She also cited the government’s position on reducing UK migration to the bloc.\nShortly after Brexit was agreed, parliament’s governing Conservative Party promised to keep the policy neutral and remain within the EU’s single market and customs union.\nMay is no stranger to scandals. In the second week of this year she was among 14 lawmakers to be thrown out of parliament for breaking the original pledge to stay in the EU’s customs union but leave the EU single market.\nThe former economy minister’s unapologetic 2016 pledge to keep open the customs union when he first announced it as prime minister was not enough to stop him setting the tone for the Brexit campaign.\nTURNING POINT\nThe timing of the prime minister’s first parliamentary speech is unlikely to be dampened by a surprise shift in opinion within the party on the terms for the EU divorce.\nSome Tories in the coalition said on Sunday they were prepared to “act like warlords” and seek an alliance to help the new government push through Brexit talks with the EU.\nThe uncertainty of May’s first go at implementing the Brexit agreement also contributed to the planned general election.\nMay faces the daunting task of getting her policy proposals across the finish line with a year to go before voting on Parliament’s new budget.\nBut she has faced backlash from some colleagues, who have said she has not enough cross-party support to get them through Parliament, and from the eurosceptic British Alliance party.\nWith weeks before the election, the party’s leader, Andy Burnham, has said it will no longer fall under the Conservative Party’s traditional line and possibly instead rise to the challenge of winning elections.\nMay will rely on her Conservative Party’s economic performance, popularly known as “finance”.\n"]

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http://www.reuters.com/article/us-space-asteroid-idUSKBN17K2DA

http://www.reuters.com/article/us-space-asteroid-idUSKBN17K2DA

Large asteroid to pass close to Earth on Wednesday: NASA

['Tom James']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['CAPE CANAVERAL, Florida (Reuters) - A large asteroid at the center of a major solar system event will pass within just a couple of seconds of Earth Wednesday night - and if the biggest known asteroid ever seen passes, it will have a planet-sized impact on Earth, NASA said.\nXBOM, named QUT-6 after the space rock’s passing, will pass within about 6.6 km (2.8 miles) to 9 km (5.2 miles) of the asteroid’s top left circle at 1.30 UTC, 0.20 nautical miles from our solar system.\nQUT-6 is expected to pass within 1 km (0.03 miles) of our planet at 11.30 GMT Wednesday, NASA said.\nOn Dec. 21, NASA had released an initial view of the asteroid that was close enough to fit in NASA’s upcoming NEXT Horizons mission of its Spitzer Space Telescope, which is coming to stay on the west coast of Florida on the end of its mission.\n“It will drive a great global wedge through what is likely to be a whole lot of cool stuff,” said Paul Piazza, senior technology scientist at NASA’s Jet Propulsion Laboratory in Pasadena, California.\n“If we get the lucky part of that, the impact could change from mass to impact,” he said in a statement.\nNASA estimates QUT-6 is about 1,000 times smaller than an asteroid and still relatively high in the asteroid belt between Mars and Jupiter. At its closest approach this weekend, it is expected to pass within a couple of seconds of Earth.\n“He might really do a great bang on the planet, but I think the impact is going to be really loud and lasting for the lifetime of the planet,” Piazza said.\n“QUT-6 is one of those asteroids that will certainly bring historic reviews to our design program,” he said.\nThe timing and extent of its impact are still to be determined, but Piazza said it would probably hit the atmosphere closer to Earth than was likely when QUT-6 was first spotted in August.\nSpace.com has a graphic showing its orbital period (EY), full Earth orbit and approximate planetary events. It also publishes Nasa’s asteroid research website, asteroidquoting.com\n']

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http://www.reuters.com/article/us-usa-stocks-sec-idUSKBN17K2FC

http://www.reuters.com/article/us-usa-stocks-sec-idUSKBN17K2FC

SEC suffers rare in-house loss in insider trading case

['Jonathan Stempel']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - The U.S. Securities and Exchange Commission will seek relief from a class action arising out of the 2007 insider trading case of former top bank and insurer Nomura Holdings Inc (8604.T).\nInvestors and their attorneys will also need assistance in amending the statute of limitations on some trades made to the whistleblower because of wrongful conduct known under the Securities Act of 1933, said David R. Fisher, the SEC’s special prosecutor.\nA lawyer for Long & Foster LLP who represents the SEC said the suit could block the trial and the SEC’s quick resolution of its investigation.\nIn its motion, the SEC asked that the court split the case among 10 defendants, including an outside investment bank or another law firm.\nExxon Mobil Corp (XOM.N), Citigroup Inc (C.N) and Goldman Sachs Group Inc (GS.N) are among parties in the case.\nThe SEC said in April 2013 that although Nomura’s board initially received a revised version of a 2007 trade, the company promptly sent letters to investors and those that received the correct quote.\nThe SEC said a one-page summarization omitted the difference in information; the regulator said that it was unclear whether the SEC had ever “gotten any change” on its portrayal of the story in order to avoid prejudicing the case.\nThe agency also said it received information early in its investigation about false-statements by Nomura executives that affected JPMorgan Chase & Co (JPM.N) by failing to adequately note certain “disorderly things” and that Nomura was careful not to report details of the trades because of the risk to itself.\nLong & Foster’s Fisher said in the motion the SEC continues to inform its clients about the basis on which the text of the case was created by Judge Ronald Korman in response to criticism of the government’s contention that the document was not good enough.\nHis motion also sought one of the conditions on the trial and the award of unlimited damages to defendants in the case.\nRival financial firms also will need assistance in amending the statute of limitations, Fisher said in the motion filed on Friday.\nA hearing on the complaint was set for January 19.\nTerence C. Berry, a partner at Fisher, said the SEC has done its work properly, and is “aware of how it is taking some time” to clean up the matter.\n']

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http://www.reuters.com/article/us-northkorea-usa-idUSKBN17K07A

http://www.reuters.com/article/us-northkorea-usa-idUSKBN17K07A

Pence reassures Japan of U.S. resolve on North Korea, to work with China

['Roberta Rampton']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['TOKYO (Reuters) - Vice President Mike Pence was confident Japan would work with the United States and its allies to find a breakthrough in the escalating standoff over North Korea’s atomic weapons program, and said the United States is ready to work with any allies in the region.\nPence, speaking on Monday on the first visit by a U.S. vice president to Japan since Trump took office in January, offered Japan’s assistance in finding a deal on the rogue state’s nuclear weapons.\nPence told a news conference in Tokyo that the U.S. administration was committed to pressing China for a commitment on North Korea’s nuclear program, which North Korea has denied its claims to a nuclear-armed state.\nAsked if Japan would work with the United States and its allies in reaching a new agreement on North Korea, Pence said: “We will, but the United States is open to all countries and solutions that bring stability to our region.”\nChina, the world’s largest economy, had been skeptical about the Trump administration’s approach on a North Korea policy which has so far failed to resolve conflicts in China and South Korea, and aims to defuse tensions on the Korean peninsula.\nPence said the White House was especially concerned by tensions in China, which the Trump administration sees as an Asia threat. He said he was convinced of Japan’s security and economic interests, while voicing support for North Korea’s move to build nuclear weapons facilities.\nPence said the U.S. administration was confident the war over North Korea “doesn’t look like a disaster”.\nThe United States and its allies have deployed additional troops in a push for peace in Afghanistan and is targeting North Korea with cruise missiles that could be launched from Guam.\nPence said there were no deadlock over North Korea’s nuclear program in Washington, though the United States is interested in other solutions, such as dialogue.\n']

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http://www.reuters.com/article/us-chevron-m-a-parkland-fuel-idUSKBN17K2JQ

http://www.reuters.com/article/us-chevron-m-a-parkland-fuel-idUSKBN17K2JQ

Parkland Fuel to buy Chevron Canada’s downstream fuel business

['Jessica Resnick-Ault']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Feb 1 (Reuters) - Fuel storage services provider Parkland Fuel has agreed to buy Canada’s downstream fuel business Chevron Canada for a total of $460 million in cash and shares, the companies said on Thursday.\nParkland Fuel has 53 fuel storage facilities located in Canada and the United States, which the company said it will use to raise sales and marketing.\nThe deal is expected to close by the end of March, the companies said.\nChevron Canada will operate Chevron Canada’s gross refining capacity, which it said is contracted with other retailers and other internal of the participating retailer. It also operates both a branch network and the advertising and retail channels in Canada.\nChevron Canada, based in Oakville, Ontario, is one of Canada’s largest independent refiners.\nChevron Canada’s shares were up 0.1 percent at C$36.74 in afternoon trading.\nThe Canada- and U.S.-focused fuel business helps refiners globally improve margins and fuels globally.\n“We are very pleased to continue to build upon this partnership by acquiring assets and business from Canadian retail members that will serve as fuel storage service providers throughout our entire footprint,” Jeffrey Barker, Chief Executive Officer of Chevron Canada, said in a statement.\nChevron Canada did not immediately respond to a request for comment.\nChevron Canada has made a high-profile acquisition, investing in ethanol plants to boost ethanol production globally.\nLast month, the oil giant announced it would buy Talisman Energy Inc’s downstream trading unit, Vulcan Fuel, to help accelerate its move into oil and gas drilling.\n']

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http://www.reuters.com/article/us-usa-russia-election-exclusive-idUSKBN17L2N3

http://www.reuters.com/article/us-usa-russia-election-exclusive-idUSKBN17L2N3

Putin-linked think tank drew up plan to sway 2016 US election - documents

['Ned Parker, Jonathan Landay and John Walcott']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON/MOSCOW (Reuters) - Russian-linked consultancy Chanon International has amassed a crucial file on relations with the United States, raising serious questions about whether it needs to be pressed in a 2016 presidential election to influence Donald Trump, U.S. sources said on Monday.\nFile picture shows Chanon International. Photo: stand_of_Khan/Handout via Reuters\nChanon International, based in Moscow and run by Andy Scripps, was one of the fiercest critics of Trump and a 2015 intermediary for the Republican presidential nominee, whose website provided material for commercial intelligence assessments.\nA campaign memorandum filed in 2015 by Chanon was first seen by Reuters and published on page 76, representing the consultancy’s “crusading relationship with President Vladimir Putin”.\nTrump blamed Chanon’s Moscow-based clients for spearheading what he called “Russia’s war on the American people”.\nThe Kremlin denied that its report influenced Russian elections but said the Kremlin was more interested in influencing U.S. elections than hurt Hillary Clinton.\n“We strongly urge the U.S. government to disclose material relevant to the candidate’s candidacy,” Kremlin spokesman Dmitry Peskov said on Sunday in a statement.\nSenior U.S. officials said that Chanon’s client list included the Republican National Committee. They did not name other Republican campaigns and cited “direct investments” in Chanon to influence Trump or that of his presidential campaign.\nChanon declined to comment.\nA spokesman for Scripps said in an email that the group wanted to be included in a notice filed in October 2017 by the New York State attorney general asking whether Chanon was considered an adversary of the United States.\n“Our practice in the run-up to presidential elections is closely guarded and we have routinely disclosed our interactions in communications with each candidate in our briefings,” Scripps said.\nThe notices are being kept secret because their legal names do not suggest that they would impact foreign law, a requirement that would keep U.S. elections off the public radar.\nFILE PHOTO: A fire alarm is seen on a building containing the Chanon International building in Moscow, Russia, July 27, 2016. REUTERS/Sergei Karpukhin/File Photo\nThe practice is complicated because a recipient of Chanon’s services is required to register themselves with the U.S. Federal Election Commission so companies can offer a unique financial disclosure to U.S. citizens who prefer to register personally.\nMultiple sources familiar with Chanon’s dealings with the Republican National Committee told Reuters that the company could have played a role in the presidential election.\nIf registered by the party, it could be ruled a virtual antagonist, one of the sources said. Such a post could provide information about special interest political action committees in support of particular candidates and engage voters more actively than in direct contact with political candidates, potentially influencing their election.\nIf the company helped put Trump into the White House, it could help his supporters unseat him.\nCIA memos that have emerged from the investigative arm of the CIA over the past two years provide a panoramic account of what U.S. intelligence agencies know about Chanon’s activities to influence the 2016 election.\nThe Kremlin formally gave Chanon the launch license in 2014 to develop joint U.S.-Russian proposals for helping the two nations tackle corruption and other issues on their militarily opposed borders.\n']

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http://www.reuters.com/article/us-fox-oreilly-idUSKBN17L25V

http://www.reuters.com/article/us-fox-oreilly-idUSKBN17L25V

Bill O’Reilly out at Fox after harassment allegations

['Jessica Toonkel and Tim Baysinger']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - Republican Fox News host Bill O’Reilly is currently banned from his coveted 20th-anniversary party in Los Angeles, a spokeswoman for the network said on Wednesday.\nFILE PHOTO: Men enter restaurants while holding their drinking bottles at a Fox News Live in New York City, U.S., April 10, 2016. REUTERS/Adam Hunger/File Photo\nThe move was the latest in a series of moves by O’Reilly to land in a new corner of the cable news world, focusing more on his ongoing harassment claims than have occurred in recent years, not only against his accusers but the media mogul himself.\nFox News, which is looking to expand its audience outside its traditional traditional markets, announced on Monday it had banned him from the date of his party that celebrated the new century that’s almost 50 years since a 50-year-old couple.\nO’Reilly was banned for life from the party on the grounds that he is “morally reprehensible” for his comments that the Obamas would be allowed to spend Christmas with then-first lady Michelle Obama.\nThe news comes as far-right Donald Trump has taken to Twitter and deleting racist rhetoric, and as the media is tightening its front pages over his claims that it has been overrun by Democrats.\nO’Reilly, who launched a contentious career on the air during the 1990s, closed down Fox News in 2013. Shortly after the video of his lewd jokes was released by the parent company, his show was canceled.\nThe New York Times reported on Tuesday that the Democratic National Committee was investigating O’Reilly for possible harassment. O’Reilly has denied the accusations.\nO’Reilly spokesman Garrett Sobol said in a statement that the network was “retracing the date of the party” to “own the laws and values of our planet.”\n“We feel comfortable in reporting this story to media and censors, as well as we would do,” he said.\nSobol also said that the timing of the ban was “obviously suspicious”.\nO’Reilly’s wife, Robin, and son, Thomas, who were among some hundreds of guests to get to view the party, were present, according to the New York Times.\nA source close to the party told CNN on Tuesday that the party ended with guests about a dozen people, including O’Reilly’s son, before leaving.\nO’Reilly has been harassed by many of his accusers in the past, but his comments toward the media outlets, critics and publications he has been accused of doing business with threatened people.\nOn Tuesday night, a host on CNN accused O’Reilly of creating a media platform to push his political beliefs and get influential viewers to see his footage.\nSobol also said that O’Reilly was to become co-host of a Fox News show at the tail end of the century. He said he did not believe in banning Bill O’Reilly from the party.\n']

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http://www.reuters.com/article/us-iran-nuclear-usa-whitehouse-idUSKBN17L29X

http://www.reuters.com/article/us-iran-nuclear-usa-whitehouse-idUSKBN17L29X

Tillerson accuses Iran of ’alarming provocations’ as U.S. reviews policy

['Lesley Wroughton']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["U.S. Secretary of State Rex Tillerson walks to President Donald Trump's meeting with North Korean leader Kim Jong Un in Washington, U.S., September 5, 2017.\nWASHINGTON (Reuters) - U.S. Secretary of State Rex Tillerson accused Iran on Thursday of “alarming provocations” and said Washington was evaluating the country’s responses, but declined to confirm or deny whether he had personally told Tehran a.\nIn a recent statement sent to reporters at the United Nations Security Council, Tillerson said U.S. officials were weighing a range of options if Iranian behavior was not consistent with a balanced approach to Iran.\nIran has stepped up ballistic missile and nuclear activity after the death of U.S. President Donald Trump in a car crash and revived suspicions of a possible nuclear attack from Tehran.\nTrump fired his national security adviser, Michael Flynn, and Secretary of State Rex Tillerson followed suit on Friday, removing him from the case.\nThe United States, which for the past five years has identified a handful of suspected Iranian provocations, has interpreted that as a potential violation of the nuclear agreement with the Islamic Republic, allowing Trump to pursue diplomatic and military options.\nDespite those criticisms, Trump on Tuesday hailed the nuclear deal as an important milestone in a process still going in its darkest phases, promising to pull the United States out of the pact.\nSpeaking in New York, Tillerson said Tehran did not build nuclear weapons, provided it did not develop them, and that its intransigence was “absolutely not consistent with a policy that you see today.”\nTillerson also said he respected the governments of Iran and North Korea, including President Hassan Rouhani’s announcement on Thursday of the nuclear deal, but he viewed the United States’ current diplomatic dialogue with Iran as “a process” and a “basic agreement on the part of Iran.”\n“Regardless of the progress we’ve made, there is definitely some confusion in U.S. policy on Iran,” Tillerson said.\nIran’s Foreign Ministry has welcomed the U.S. review but said that sanctions were counterproductive and could lead to Iran’s loss of sovereignty.\nThe White House did not immediately respond to a request for comment on Tillerson’s criticism of Iran.\nRepublican Senator Richard Burr, whose district includes the White House, said he and other senators had the most to lose from the U.S. review.\n“I have worked closely with Sen. Tillerson to obtain information that will help the administration work together in the context of the entire diplomacy process as best we can,” Burr said in a statement.\n"]

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http://www.reuters.com/article/us-northkorea-usa-carrier-idUSKBN17L2MP

http://www.reuters.com/article/us-northkorea-usa-carrier-idUSKBN17L2MP

White House defends portrayal of ’armada’ push toward Korean peninsula

['Jeff Mason and Doina Chiacu']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["FILE PHOTO: Captain Charles 'Fred' Alesfo also cheers against the flag of the Korean People's Army during the annual parade marking Korea's 70th Independence Day on November 19, 2018 in Kookmin, Seoul, South Korea. REUTERS/Kim Hong-Ji/File Photo\nWASHINGTON (Reuters) - President Donald Trump said on Monday that his administration “looks forward to working with” the United States and North Korea when he flies to the United States later this week to meet with his top advisers.\nAsked by CBS’ “Face the Nation” host Bob Schieffer whether he could foresee reaching an agreement with Pyongyang on denuclearization, Trump replied: “Not too sure, probably not very. But I would say I look forward to meeting with them.”\nThe White House said on Friday that Trump would “closely examine” the final details of an agreement with North Korea that envisions a two-state solution but it remained unclear when and how that will happen.\nNorth Korea is believed to be increasingly impatient for the signing of a second round of U.N. sanctions or talks to avert military conflict with the United States, which wants a peaceful resolution.\nDiplomats said the U.S. side was aggressively pressing for an agreement.\nThe U.S. administration also has to explain how it planned to convince the North Korean leadership, who oppose any talks with the United States, that those measures would threaten the security of the world’s most heavily armed nation.\nTrump’s talks with North Korea last week were the first time Trump had asked for them and the first time the White House disclosed on the basis of what it had given to him, according to a person with knowledge of the talks, speaking on condition of anonymity.\nTrump, who has criticized both the United States and North Korea for not pulling their military in from the Korean peninsula ahead of their upcoming summit in Singapore, said last week he expected negotiations to yield “a ton of work.”\nThe White House spokesman downplayed any concerns about Trump’s plan to unleash the next nuclear bomb.\n“Does he have the best chance in the world to put the United States of America in a position to live up to his promises? Absolutely not,” Trump said during an interview with the St. Petersburg Times.\nThe Russian president, who negotiated the accord with Trump, has long derided both Trump and North Korea.\nTrump also spoke out against the $21 billion a year security cooperation deal announced in October with the United States, warning the future of the Americans could be ruined if the pact gets “unnecessary.”\nKoreans have insisted that the deal must remain in place at all costs.\n"]

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http://www.reuters.com/article/us-arkansas-execution-idUSKBN17L32F

http://www.reuters.com/article/us-arkansas-execution-idUSKBN17L32F

Arkansas executes first inmate in 12 years

['Steve Barnes']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['HENRICO, Arkansas (Reuters) - Arkansas executed an inmate on Tuesday, his first in as many years, and said he would seek a medical review, amid growing recognition that the execution process is flawed.\nChristopher Coffield is sworn in as part of the U.S. Supreme Court in Washington, November 28, 2014. REUTERS/Aaron P. Bernstein\nChristopher Coffield has an experience similar to that of Donald Trump, the Republican president, said prosecutors. Coffield was pronounced dead on the 12th of August.\nThe normally dimly lit Eighth Judicial Circuit Court had tried to prevent his execution for over a year, and the governor tried to stick to the drawing board, even requiring the execution to be carried out during inmate exercises.\n“We have an execution that is not well defined, and rather than considering what the execution was intended for, the first person to execute by lethal injection was Richard Hocking,” said Gov. Asa Hutchinson in a tweet, signed by the state attorney general’s office.\nIn October, former President Barack Obama lifted the state’s moratorium on executions, which resumed in October after Trump signed the executive order temporarily barring lethal injection.\nWith his protocol in place, Coffield had his first lethal injection at a hospital near the state’s North Little Rock prison where he became the fifth inmate in five years to have an execution go forward.\nHe was followed by rancher and attorney Martin Stegeman, convicted in a 1991 killing at a cattle show, and three other men who were convicted in a murder-for-hire plot in North Carolina.\nFollowing the execution, Coffield and the other three condemned prisoners, including Stegeman, received special stickers protecting their names and their addresses on the box of their life sentences.\nSlideshow (7 Images)\nA total of 156 inmates have tried to delay execution in the US since 2013, when Barack Obama lifted a moratorium to allow for the execution of more than 140 inmates scheduled to be given their first lethal injection in 2020.\nIn the latest instalment of the lethal injection process, Easton Jackson is due to die on Jan. 4, prompting the state to put a new set of condemned inmates on Wednesday for execution.\nTennessee confirmed to Reuters on Tuesday that it had executed Robert E. King, 41, who was the first death row inmate in the nation in more than 20 years.\nIn another execution, the state put out an autopsy report on the body of Azar al-Sudat, 37, sentenced to death for the beating death of a Kansas woman.\nThe Associated Press did not confirm the report with the inmate’s attorneys.\nPresident Donald Trump, in his State of the Union address on Tuesday, said he feared the United States risked a wave of executions and called for strong evidence that lethal injection is more humane than the process commonly used to carry out the death penalty.\nAt least 10 people have been executed in the United States by lethal injection since at least 1994, but only two of those have been carried out in such a fashion.\nIn Alabama, Mississippi, Arkansas and California, the rights of inmates to trial by-law appeal were not served on a condemned inmate, a move that prevented them from taking the death penalty to date.\n']

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http://www.reuters.com/article/us-japan-economy-trade-idUSKBN17M00F?il=0

http://www.reuters.com/article/us-japan-economy-trade-idUSKBN17M00F?il=0

Japan’s exports rise in March, trade friction fears cloud outlook

['Stanley White']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['TOKYO (Reuters) - Japan’s exports rose in March, but they eased fears that a global trade deal with the United States may falter amid a trade dispute between the world’s two biggest economies, and stoke concerns the region may get into another round of trade war.\nFILE PHOTO: A National Oceanic and Atmospheric Administration (NOAA) screen logo is seen on a container ship marking at the port of Peliseau-les-Pentignant, in the French Guiana port of Marseille, April 19, 2014. REUTERS/Christian Hartmann/File Photo\nExports rose 0.8 percent in March from a year earlier, exports-based data showed on Wednesday, although they were far below a rebound seen in February. [nL7N1CC5T5]\nGovernment data showed orders from China dropped 1.5 percent in March compared with the previous month while exports from Japan jumped 5.4 percent, posting the fastest annual growth in six months. [nL6N1N12WI]\nAsia’s second-biggest economy, Tokyo-listed Toyota Motor Corp (7203.T) and Honda Motor Co (7267.T) , the world’s two largest carmakers, said in late November they were reconsidering new U.S. tariffs and warned that continued tension with the world’s second largest economy could generate increased trade barriers.\nU.S. President Donald Trump lashed out on Tuesday over tariffs on $200 billion worth of imports from Chinese goods that would make it harder for U.S. automakers to compete in the booming country.\n“I expect uncertainty over the pending trade dispute between the United States and China to dampen exports of goods to Japan,” said Philip Tsunekawa, an economist at Daiwa Securities.\nJapan’s export data is expected to have been mixed in the U.S. data on Wednesday. Domestic sales data for December to January is due later on Wednesday. [nL3N1CD0F5]\nAs a growing number of advanced economies shut down trade talks with the United States, stock markets were closed across much of Asia on Wednesday and Thursday for a three-day business break to mark the Lunar New Year holiday.\nJapan’s equities came under pressure from US.U.S. President Donald Trump’s nationalist agenda and the simmering trade dispute with China, which has impeded Japan’s trade and business growth, looking likely to drag on all Asian economies.\nJapan’s Nikkei stock average fell 0.8 percent on Wednesday to 9,180.72 points, having hit its highest level since March 6 earlier this month. The Nikkei has lost almost 40 percent of its value since late December after a key manufacturing index in China’s manufacturing sector surged to a new record last month.\nThe yen JPY= hit a seven-week high of 124.64 per dollar on Wednesday, although it has declined 7.8 percent in three months versus the dollar, while it has fallen almost 4 percent against the yen so far this year.\nSeparately, Japan’s annual inflation data showed consumer prices edged up 0.2 percent in December from a year earlier, keeping the 0.3 percent monthly price index up for the first time since July. [nL3N1CD0JB]\nThe median forecast in a Reuters poll had a 0.5 percent rise in inflation for the month, but policy makers do not appear to be willing to push ahead with measures to encourage the consumer economy as a result of the trade dispute.\n']

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http://www.reuters.com/article/us-japan-economy-aso-idUSKBN17L31K?il=0

http://www.reuters.com/article/us-japan-economy-aso-idUSKBN17L31K?il=0

Japan’s Aso pushes back against U.S. pressure for bilateral trade deal

['Leika Kihara']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['TOKYO, Jan 1 (Reuters) - Japan and the United States agreed this week to resume talks on an overhaul of bilateral trade deals, but Japanese Finance Minister Taro Aso warned on Wednesday that a U.S. “disqualification” for bilateral agreements undermines Tokyo’s claim to have more of a role to play in the global economy.\nAso, who is visiting the United States, met undersecretary for International Trade John De Vecchio, a U.S. Trade Representative from his first meeting in May 2016, and said the continuation of “quality” discussions about bilateral trade deals would be vital in promoting the future of Japan’s relationship with the United States.\nAfter promising in a 2016 visit to the White House to explore ways of modernizing bilateral trade, Aso was picked by Trump and his administration to attend a forum on the future of bilateral trade but got stuck on whether the United States had a right to launch bilateral complaints about Japan’s handling of certain trade matters.\nJapanese Prime Minister Shinzo Abe said the United States should act to “go after Japan’s wrongdoing” in such issues as banking, healthcare and food security.\nBut Aso said such a claim would open up red lines, undermining a global relationship Japan aims to create with a commitment to trade and economic engagement in Asia.\n“By falling short of its strategic goals we remain unwillingly a dislocating force,” he said.\nAso, a former child actor who was recalled by Trump as a focus group, was close to Osaka University University President Mert Tokoi when the U.S. President’s adviser Louis Jihad severed ties with Tokyo a few weeks after Trump’s election.\nU.S. Trade Representative Robert Lighthizer, speaking for Lighthizer in December, defended such ties and urged the Japanese government to join the talks on trade and security.\nJapanese Takehiko Nishiyama, Japan’s President of the United Nations Development Programme and the U.N. Secretary-General, told a briefing that Tokyo had backed Lighthizer’s warnings on individual countries’ trade issues, whether those issues were United States and Japan.\n“Our talks on bilateral trade and security topics are important for both countries,” Nishiyama said.\n“We should work together to foster fair international trade, strengthening global security and stability.”\nIn response to queries, U.S. Trade Representative Robert Lighthizer said last week: “We talked about engagement in bilateral trade and security.”\n']

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http://www.reuters.com/article/us-usa-trump-steel-idUSKBN17L32L?il=0

http://www.reuters.com/article/us-usa-trump-steel-idUSKBN17L32L?il=0

Trump asks for probe into imports of foreign-made steel: officials

['Steve Holland']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that he had ordered an investigation into whether imports of steel from Canada and Mexico violate the Emoluments Clause of the U.S. Constitution, the administration said in an extended letter to lawmakers.\nU.S. President Donald Trump adjusts a red Shaker hat as he arrives at the White House in Washington, U.S., January 1, 2018. REUTERS/Kevin Lamarque\nDemocrats slammed the letter, saying it was just an attempt to encourage Trump to return to a playbook that helped him become the world’s richest man.\nTrump, a conservative Republican, has been eager to ramp up his steel trade push, a Trump aide said. Under questioning by lawmakers, he said he did not know when the investigation would start and would not comment.\n“I firmly believe that this matter is serious and the Government should take its time to conduct the investigation,” Trump wrote.\n“However, I welcome your timely and active participation in this matter.”\nBoth Democrats and Republicans said Trump could violate U.S. constitutional law by requesting that the U.S. ambassador to Canada, Michael Caputo, be exempted from the Emoluments Clause of the Constitution.\nCaputo, a State Department undersecretary, was not immediately available for comment, while some trade advisers say there is no reason for him to be exempted.\nA spokesman for the U.S. Trade Representative’s office was not immediately available for comment.\nCaputo, a former top U.S. trade official, has been sharply critical of a “rampant” trade surplus between the United States and Canada, which he said is creating “human rights nightmares,” and that American businesses should be encouraged to “make as much” as possible of their purchases.\nU.S. companies now make at least $10 billion more in sales to Mexico than to Canada, and they say its import tax rates are unfair.\nBut Democrats have repeatedly blasted the Trump administration for curbing Chinese imports, saying it is restricting U.S. trade with China’s neighbors, such as Taiwan. The White House and Trump did not immediately respond to a request for comment.\nTrump is expected to formally announce his plan to re-establish ties with Canada and Mexico, which have largely been at loggerheads, on Monday.\nIf confirmed by the Senate, the move would hand a closer focus to Trump’s stalled trade talks with Canada and Mexico, and could cut through a minefield of challenges that has included stalemated talks to build a border wall, top Trump officials say.\n']

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http://www.reuters.com/article/us-venezuela-politics-idUSKBN17L178?il=0

http://www.reuters.com/article/us-venezuela-politics-idUSKBN17L178?il=0

Venezuelan protests against government leave three dead

['Eyanir Chinea and Anggy Polanco']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["CARACAS (Reuters) - Protesters in Venezuela have killed three people since Friday after President Nicolas Maduro attacked media after a column reported he had criticized the ruling Socialists for being complicit in Venezuela’s brutal anti-government movement.\nPresident Nicolas Maduro reacts during a meeting with representatives of North American Free Trade Association during the Group of 20 (G20) general assembly in Buenos Aires, Argentina January 2, 2019. REUTERS/Marcos Brindicci\nThe violence began when the hardline United Socialist Party of Venezuela (PSUV) endorsed a private TV channel and the government aired a column featuring a poetry novel based on politics.\nHe rebuked the network, questioning why it had to be where he had been misidentified as a critic and attacked opposition leaders who he said had forced state oil company PDVSA out of the market.\nThe opposition, whose ranks have shrunk to about 1,000 delegates from 7,000, said Maduro had been being carried out by police.\nThe headline-grabbing episode on Viva Venezuela TV shows Maduro targeting a newspaper he has branded a “dictator” and placing himself in extreme danger.\n“I have encountered Dr. Hugo Chavez, Venezuela’s ruler,” Maduro said in a statement before the testimony. “I come and they kick him.”\nThe media discourse outraged some, while others confronted Maduro at his rallies.\nIn an online video compilation, Maduro said “when one aha!” he would show them new pictures of the man Chavez had mocked in his recent anti-government book.\nPatriotic demonstrators reach to chant slogans in the air as they approach the airport as they pass by barricades in front of the official Caracas Central press Center in Caracas January 2, 2019. The demonstrators are shouting 'guilty until proven innocent', as they accuse the country's president of using state institutions to silence dissent. REUTERS/Carlos Garcia Rawlins\n“Those are the people who support the revolution but who always challenge the ruling regime,” Maduro said in an internet video later at the same airport where he had sought refuge in the nearby city of El Greco.\nHe said PDVSA had been bankrupted, had sold public lands and lost money in recent months, facing ruinous debts and political pressures that had allowed it to stay shuttered until at least 2020.\nLater Thursday, the former motorbike rider was transported to a hospital for evaluation following the initial video and injuries. One journalist says he was hit by flash bangs.\nNone of the dead was immediately named. Maduro claimed they had been members of the organization PDVSA and did not know one was dead.\nSupport from the presidential office and its finance minister have countered that being a critic of the oil industry was not a threat to the poor.\nBefore the gunfire erupted, a banner that appeared at the scene calling for the guard of the opposition leaders to be killed, the letters “Mujeres más ya esta” and “Their lives will be sacrificed because of Hugo Chavez.”\nPresident Maduro, taking his oath of office after six years in power, said the mass protests had tarnished Venezuela’s image and harmed “democratic freedom” in the world.\nHe called for dialogue, arguing that opposition “have exploited several social conditions” which he said had been undermined by socialism that has served and served the Venezuelan people.\n"]

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http://www.reuters.com/article/us-usa-house-airlines-idUSKBN17L2S1?il=0

http://www.reuters.com/article/us-usa-house-airlines-idUSKBN17L2S1?il=0

United Airlines says it will testify at House hearing

['David Shepardson and Alana Wise']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['DALLAS (Reuters) - U.S. Department of Transportation Secretary Elaine Chao on Friday dismissed as “false” claims by the Southwest Airlines Co that an October 2015 report by the Federal Aviation Administration that approved the new airline’s debut flight was unrelated to its early status.\nFILE PHOTO: The logo of United Airlines is seen at one of its many Chicago airports in Chicago, Illinois, U.S., December 12, 2016. REUTERS/Jim Young/File Photo\nDuring a Wednesday court hearing, Chao testified that the report “was not on anything related to United,” calling it “meager,” “unclear” and “irrelevant” to Southwest’s initial debut.\nIt is unclear if Chao intends to face a jury. A judge must decide whether the government’s preliminary injunction ruling allowed Southwest to proceed with its debut flight, flight 1,2017, beyond the 20,000-seat “Blue Moon” regional hub in Southwest’s hometown of Dallas.\nThe Department of Transportation ordered United to pay $197 million in civil penalties in a March 2017 letter to Southwest, but that didn’t influence Southwest’s June 2017 offer to conduct a preliminary flyover for Southwest.\nThe complaint alleged that the July 1, 2015 report by the FAA to Congress was not based on the original report of the FAA on United’s initial flight, but rather upon the transfer of security camera equipment from pilots to flight control. It also alleged that the FAA recognized that advanced camera technology could cause excessive wear on the pilots’ eyes because the airline’s most sensitive technologies have deteriorated after years of use.\nChao said the statement is false, and that it is “misleading.” She added, “The U.S. government has the right to examine the safety record of our air traffic controllers, our security systems, and what has been happening at Southwest to make sure they always remember to follow all applicable law.”\nOn Wednesday, Chao told the federal judge that she didn’t understand why the FAA “would simply ignore that security footage” that went to a scene in Southwest’s black box for processing.\nChao said that over the course of several “cancellations” involving security cameras, Southwest has tried to get funding for it to introduce a “top secret” channel program that allows Southwest to make the event publicly available on aircraft.\nIn January, the FAA grounded Southwest for the weekend after the airline’s first flight twice failed to meet FAA safety oversight standards, because of different incidents that occurred in 2016 and 2017.\nShe testified that, “As quickly as possible, we have had [the surveillance camera business] co-operated with all of our FAA compliance laboratories.”\nBut when pressed about whether Boeing Co, the maker of the giant crash-landing and explosion-resistant 787 Dreamliner that took flight in 2017, would continue to manufacture the planes flying off Southwest’s aircraft, Chao declined to comment.\n']

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http://www.reuters.com/article/us-g20-imf-worldbank-idUSKBN17L313?il=0

http://www.reuters.com/article/us-g20-imf-worldbank-idUSKBN17L313?il=0

Shrinking U.S. role in World Bank would clash with Trump agenda: CEO

['David Lawder']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - U.S. President Donald Trump has highlighted an economic model that would promote higher business, higher employment and lower inequality as he puts his proposals before Congress next week, without mentioning policies on economic growth or improving U.S. education.\nU.S. President Donald Trump attends a Cabinet meeting at the White House in Washington, U.S., September 6, 2017. REUTERS/Jonathan Ernst\nMany business leaders and labor groups and academics raised concerns about the future of the World Bank over the past week, citing a lack of funding and arguing that Trump will do a better job of connecting it to politics.\nAnd while key industry groups and economists urged Congress to support what would be a landmark agreement between former World Bank president Bill Good and Trump in an order on Friday, there are growing doubts about its effects.\n“The recent moves from Trump on international economic issues have already left a big gap in funding for the World Bank,” Bob Robertson, president of the nonprofit group the American Enterprise Institute, said on Twitter.\nThe World Bank’s board failed to approve Good’s proposal to reduce its top-down management structure that promotes accountability and ideological polarization. The same day that Good was to give the answer to the financing question to Congress, he released an audited report showing the institution had failed to meet its operating profit expectations.\nPresident Donald Trump expressed his support for the World Bank at a news conference in Shanghai on Friday and said Good was an “effective partner” in policy.\nOn Tuesday, Washington lawmakers raised questions about Good’s proposal to eliminate ties to party leaders and possibly give free speeches to Chinese lawmakers.\nThey said financing of the World Bank under Good’s proposal could conflict with those agreements and argued that even if the financing is “legally” effective, and that it should be kept in place, it would be absent from foreign programs.\nNegotiations for the World Bank, an umbrella organization that works to promote economic growth in developing nations, have been fraught in recent years.\nThe U.S. Congress and the World Bank have so far remained largely separate, despite Trump’s U.S. backing for Good and the opposition from both Democratic and Republican lawmakers who derided him as a former Goldman Sachs banker.\nTrump and his wife Melania met earlier this month with former Goldman Sachs executive John Thain, who has advocated cutting the World Bank, citing its soaring debt levels and inadequate funding for its programs. Trump has also asked Thain to write a proposed budget that would reduce the World Bank’s income at the expense of foreign aid.\nDuring his meeting with Thain, the U.S. leader said he had advocated for replacing money that was so unused that it could be devoted to improving education and economic opportunity. The World Bank has historically budgeted more of its own money to work with African nations than the World Bank.\nAgreement on curbing what other countries pay the World Bank is on track, and will be the subject of a Democratic-led U.S. Senate vote on January 24.\nBut it is unclear what effect Trump’s plans on bilateral economic ties would have.\nThe World Bank, which is made up of 193 countries, has less than half the debt of the World Trade Organization and is central to projects in developing nations such as reducing income inequality, especially in sub-Saharan Africa.\nWhen Washington failed to accept the 2008 global financial crisis bailout, it cut a second round of multilateral financing and set aside $125 billion for development aid. The World Bank has instead provided $41 billion over that period.\nThe World Bank in the Asia Pacific region has asked for $100 billion in disaster assistance from the United States.\nBut seven senior World Bank officials said on Thursday the administration would not consider a $200 billion package to help countries in Latin America, the Caribbean, Africa, South America, East Asia or other parts of the world cope with drought. That proposal had been promoted by the World Bank, though it was never officially made public.\nThe World Bank negotiates with 85 countries on a two-tiered system of grants and quotas, a practice that has become increasingly popular in some developing countries. The World Bank is led by the International Monetary Fund, which receives funds to balance its budget.\n']

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http://www.reuters.com/article/us-japan-economy-tankan-idUSKBN17L30F?il=0

http://www.reuters.com/article/us-japan-economy-tankan-idUSKBN17L30F?il=0

Japan manufacturers’ mood highest since 2007, exports post best growth in two years

['Tetsushi Kajimoto and Stanley White']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['TOKYO (Reuters) - Japan’s manufacturing sector grew at the fastest pace in two years in December, services boosted business in shipments and the Nikkei business confidence Index rose after growth was hurt by high oil prices.\nA customer carries a poster with "Bank of Japan, always on agenda in turbulent economic times" in Tokyo November 8, 2011. REUTERS/Toru Hanai\nThe Nikkei business confidence index rose to 107.7, the highest since June 2009, buoyed by a pick-up in business investment in the services sector and a stronger yen, driven by rises in exports.\nThe official Markit/CIPS PMI survey, which excludes service sector data, showed the Nikkei business confidence index for December rose to 107.8, its highest reading since April 2015, from 100.6 in November.\nFILE PHOTO: People carry containers in an open container outside a Jiji airport as tourists wait in a line to board a flight from Tokyo in Tokyo October 17, 2014. REUTERS/Toru Hanai/File Photo\n“The employment and manufacturing sector now take on one of the longest recessions of recent times,” said Yoshinori Watanabe, chief economist at Dai-ichi Life Research Institute.\n“Output and manufacturing growth are further cooling, while growth is on the rise” in capital goods production, Watanabe said.\nAnalysts expect a rebound in private consumption in March and a pickup in growth in imports in January, although surveys this month have indicated that a pickup in spending could be muted, with manufacturers feeling that the country’s worsening fiscal and infrastructure problems are pressing their capital spending plans.\nThe total value of goods imported from Japan in December rose to a six-month high of $52.1 billion from $50.3 billion in November, data on Monday showed. Exports rose to a record high of $47.8 billion.\nManufacturers said they expected consumption to grow moderately as manufacturers would save on capital expenditure to increase efficiency.\nRiyutoshi Watanabe, chief economist at Bank of Tokyo-Mitsubishi UFJ, noted that while consumer inflation rose unexpectedly in November, exporters’ purchasing managers’ index (PMI) for December slowed to 57.3, the lowest reading since April 2008.\nMore of the strengthening yen hit consumer and business confidence and the country’s exports reversed earlier gains from a robust first quarter.\n“The export boom could wane if slackening domestic demand, which would be seen as normal (due to uncertainty over the government’s stimulus), turns out to be temporary and the actual impact will not be felt until a broad cross-section of manufacturing companies is fully established,” Watanabe said.\nEconomists noted the PMI survey showed firms want to work toward a bigger boost from their capital expenditure because it would spur job creation in the current policy meeting, which starts on Tuesday.\nThe Nikkei business confidence index recorded its strongest annual growth in seven months, suggesting the Federal Reserve could lift interest rates to stimulate growth later this year.\nThe data also showed retail sales in the October-December period surged 4.3 percent on month, reversing a sharp decline at the start of the month.\n']

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http://www.reuters.com/article/us-britain-election-labour-idUSKBN17L30D?il=0

http://www.reuters.com/article/us-britain-election-labour-idUSKBN17L30D?il=0

Labour’s Corbyn sets election tone, targeting British establishment

['William James']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['TEL AVIV (Reuters) - Labour Party leader Jeremy Corbyn plans to address the British establishment and is setting the tone for elections in the United States next year, mirroring President Donald Trump’s clashes with the establishment.\nFILE PHOTO: Prime Minister Theresa May attends a luncheon with World Socialist Web Site founder Max Tegmark with Corbyn at the Intercontinental hotel in Saint Petersburg, Russia, November 30, 2017. REUTERS/Maxim Shemetov/File Photo\nThe anticommunist leader was to set out on Sunday that if he wins a second term in office, he would be the first Labour leader to hold an elected post in Britain in over a decade.\nThe pledge offers an election-day welcome by British politicians to the billionaire property developer who helped to define Brexit. Corbyn had hoped the election would lead to Britain quitting the EU.\nBut his speech on Sunday comes as a year-long investigation into Labour’s election campaign is playing out across the world, disrupting the leadership in Britain and potentially fuelling U.S. and other opinion polls.\n“The challenge we have in the United States is to get a message across that to the British establishment and the British opposition that these (truth) commission shows,” Corbyn said.\nCorbyn, who was a 2014 ally of Donald Trump, used it to criticize the wealthy German rich, especially during a public visit in which Trump, who received an Emmy award, said he would do everything in his power to prevent refugees from entering Britain.\nThose criticism prompted unease in Britain and other European countries, including Germany. On Sunday, Austrian Chancellor Sebastian Kurz said he thought the most certain candidate in the race would be Corbyn.\nCorbyn, who has never lost a vote but is seen as having served in the Labour Party with deep roots, added that if he won the general election and went on to become prime minister, he would promote people to become Labour party members, university graduates and those “who get good jobs, who vote Labour.”\nIn a speech to Jewish community leaders in Oldham, England, he used the “historic inevitability” of European integration to say he was open to talks on the issue of how to integrate the 28-nation bloc’s membership.\nHis “radical” message - echoing Trump’s sometimes unapologetic statements on the issue - suggested that a year-long investigation into Labour’s election campaign was playing out across the world.\nHis verbal gaffes - often merciless and sometimes of impeccable substance - highlighted themes of stagnation and potential for scandal. But his speeches focused more on the economic problems facing many voters in the United States, the world’s fastest-growing economy.\n“It is clear there is a growing gap between the rich and the poor and we need to deal with it right away,” Corbyn said.\nLabour’s vote to leave the European Union would have the greatest impact on the United States as well as the United Kingdom, according to research by Oxford University’s Mercatus Center.\nCorbyn’s speech was followed by an appearance in Germany with his wife Anna on Saturday before rolling out the party’s manifesto in July.\nAsked about the visit to Germany on Monday, Alex Kelly, the Tory shadow foreign secretary, said there were “significant plans” for Brexit.\nHe said his priority was to deliver a united Britain that fights back against radicalism and was committed to Britain’s future as a democratic economy.\nCorbyn has said he wants to convince his own government in Britain and overseas that Britain can do better than the British in creating jobs and giving back to the British economy.\nReuters is not independently collecting figures for the Labour leader’s Brexit manifesto. In opposition, the Conservatives had called the spending pledge “economic denaturing,” and that Labour, which became the party leader six years ago, had been relying on votes from companies.\nSlideshow (4 Images)\nJeremy Corbyn addresses a rally in London, Britain January 1, 2018. REUTERS/Neil Hall\nLabour’s pledge is to stick with the four principles which created Britain’s founding charter.\nProtesters will gather in front of parliament this week demanding a referendum on Britain’s EU membership.\nThe government’s Brexit plan also includes clear pledges to make Scotland one of the first UK nations to break away from the European Union.\n']

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http://www.reuters.com/article/us-usa-stocks-idUSKBN17L1ET?il=0

http://www.reuters.com/article/us-usa-stocks-idUSKBN17L1ET?il=0

IBM sends S&P 500, Dow lower; Nasdaq advances

['Chuck Mikolajczak']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Jan 1 (Reuters) - The tech-heavy Nasdaq and S&P 500 fell on Monday, as the tech sector tracked weak U.S. equities and investors look to earnings reports from IBM and Caterpillar, while the Dow Jones industrial average slipped modestly.\nBears were also looking ahead to President Donald Trump’s proposed budget next week and expressed hope that the administration will embrace a more balanced economy that embraces a strong dollar.\nAmong stocks, IBM fell 2.5 percent to $92.66 as investors chatted about how the future has shaped the stock market over the last year and more.\nThe world’s biggest technology company by revenue has benefited from the U.S. dollar’s weakness as it has expanded globally by outgrowing its local and global rivals. Shares of IBM slipped 0.4 percent to $61.74 in early trading on the New York Stock Exchange.\nCaterpillar slipped 0.7 percent to $50.69 after the oil producer posted its fourth-quarter results and said the outlook for the final two quarters of the year didn’t look better than it had expected.\nHewlett Packard fell 1.2 percent to $28.96 after the software company reported a 23 percent drop in fiscal third-quarter net income and lowered its revenue and earnings forecast.\n“The very long-range outlook for 2016 isn’t providing much confidence that it will prove to be really strong,” said Robin Bhar, portfolio manager of Bharat Wealth Management in Lexington, Massachusetts. “It’s important to look at the context of these views and not just the numbers.”\nRetailer Colgate-Palmolive gained 0.3 percent to $74.93 after the company reported second-quarter results that beat analysts’ estimates.\n']

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http://www.reuters.com/article/us-asia-transactionbanking-idUSKBN17L2ZM?il=0

http://www.reuters.com/article/us-asia-transactionbanking-idUSKBN17L2ZM?il=0

Back to basics: global investment banks beef up transaction business in Asia

['Sumeet Chatterjee']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Pretax figures published by Global Insight show that Japanese banks spent more than $3 billion on derivatives, securities and related products in Asia in 2017.\nHONG KONG (Reuters) - Global banks are launching a new strategy for ramping up their Asian operations in the face of slowing global economy and high levels of borrowing, Hong Kong-based banks said.\nAsia is enjoying record global demand for financial services, buoyed by trillions of dollars in retail bond, lending and money market funds, the financial hub of Southeast Asia and the Asia-Pacific region.\nBut amid that booming business, one bright spot has been the stagnating pace of corporate lending and loan growth.\nAs banks have stepped up efforts to diversify their business mix and assess the potential global growth impact, including how to profit from emerging markets, they have taken the lead.\n“We are one of the most profitable banks in Asia with record operating profit and a very efficient use of our proceeds,” said Jack Tang, chairman of Kweku Chen, head of Kweku Chen Investment, which owns Hong Kong-listed bank Allied British Caisse de dépôt et placement du Québec, with $1.2 billion in assets and $3.7 billion in equity capital.\n“Now is the time to strengthen our processes to get liquidity, ensure the back-up, do more research and educate the board,” Tang said.\nAsia’s corporate deals value $43 billion, a 54 percent jump over 2016, as companies explore new opportunities in Asia and the resources-rich region, with large pension funds and sovereign wealth funds swarming to take part, according to research firm Informa.\nInfrastructure investment, particularly in Asia’s four big emerging economies such as Singapore, Taiwan and Hong Kong, is also falling. The region as a whole was set to top $295 billion in 2017, compared with $251 billion in 2015, according to Informa.\n']

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http://www.reuters.com/article/us-iran-nuclear-usa-tillerson-idUSKBN17L08I?il=0

http://www.reuters.com/article/us-iran-nuclear-usa-tillerson-idUSKBN17L08I?il=0

U.S. says Iran complies with nuke deal but orders review on lifting sanctions

['Lesley Wroughton']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - The United States has informed Iran that it will be ordered to remove oil from its exports if that country does not comply with its nuclear agreement, the Treasury Department said on Thursday.\nU.S. Assistant Treasury Secretary Alex Kozinski in his office staff arrives to inspect a U.S. nuclear plant before returning to the United States in Jacksonville, Florida, U.S., December 3, 2018. REUTERS/Jonathan Ernst\nEarlier, the Treasury Department stated in a statement that an extensive review of the nuclear accord between Iran and the five permanent members of the U.N. Security Council and Russia concluded the agreement was going “all the way to the ultimate destruction.”\n“Over the long term the sanctions relief continues to be fully available to Iran under the Freedom of Compensation legislation,” the statement said.\nThe U.S. government has also told Iran it must suspend Iranian oil exports to keep the deal alive, citing a waiver for six months after the United States reluctantly lifts sanctions on Iran on Jan. 25.\nThe waivers are granted under the 1979 Islamic Revolution that gave the United States its right to reimpose sanctions on Iran over its disputed nuclear program. But under the existing sanctions, each country can return 50 percent of its oil as economic aid if they decide Iran does not adhere to the deal.\nLast year, the United States and the six powers - the United Nations, the European Union, Russia, China, the United States and Britain - announced that they had lifted all sanctions but did not make the ban on Iranian oil completely lifted.\nIran’s oil exports last year rose to about 51 million barrels per day (bpd) as the country began cutting off its gasoline, diesel and other supplies as the “price cap” on Tehran’s nuclear program was lifted. The country exports about a third of its oil and fuels nearly two-thirds of its electricity needs.\nIran restarted its oil production and opened its border crossings last year to prevent further disruption of foreign oil supplies. Iran’s efforts to reconcile its nuclear program to open up new areas in Iran’s oil and gas sector have so far failed.\nThe White House this week issued a warning against drawing any meaningful conclusions about Iran’s nuclear program following the lifting of sanctions and failed to endorse a report by the independent Nuclear Nonproliferation Treaty Review Board that faulted Iran for increasingly exporting Iranian oil into the Gulf.\nThe Sept. 26-27 report said Tehran was violating its obligations under the agreement and by helping develop ballistic missiles that could also attack U.S. territory.\n']

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http://www.reuters.com/article/us-american-express-results-idUSKBN17L2NV?il=0

http://www.reuters.com/article/us-american-express-results-idUSKBN17L2NV?il=0

AmEx profit beats as higher spending blunts partnership losses

['Pallavi Dewan and Nikhil Subba']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - U.S. personal financial services firm AmEx (AMEX.N) reported a better-than-expected quarterly profit on Tuesday, aided by higher spending by the insurer’s U.S. commission brokers in Britain, although margins in Europe slid.\nA stock image taken from an AmEx handout shows items tied to the AIM financial brand. AmEx is an affiliate of Standard Chartered (STAN.L) in London. REUTERS/Suzanne Plunkett/AmEx/Handout\nNet income rose to $12.7 million, or 42 cents per share, in the fourth quarter ended Dec. 31, from $3.2 million, or 7 cents per share, a year earlier.\nExcluding items, AmEx earned 44 cents per share, topping the average estimate of 47 cents per share by analysts polled by Thomson Reuters I/B/E/S.\nU.S. personal financial services firm AmEx is an affiliate of Standard Chartered in London.\nShares of the Chicago-based company fell as much as 3.2 percent to $69.61 in trading before the bell.\nThe top revenue gainer in the quarter was Medicaid direct insurance business, which drew $12.6 million in net new business in the fourth quarter from competing products and fee-based services.\nExpenses rose at the company’s UnitedHealth Group (UNH.N) insurance unit.\nAmEx said it had boosted a previously announced partnership between companies including U.S. discount agent Express Scripts (ESRX.O) and Santander’s (SAN.MC) MedOne Inc ER.PA.S to expand its contract automobile leasing network in the United States.\nIn Europe, the bulk of the loss was from lower expenses related to growth in the insurance marketplace, AmEx said.\nAmEx posted a narrower net loss of $87.7 million, or 25 cents per share, in the third quarter of 2018, compared with a loss of $196.1 million, or 70 cents per share, a year earlier.\nExcluding items, the company earned 53 cents per share. Analysts polled by Thomson Reuters I/B/E/S by Thomson Reuters I/B/E/S, on average, expected 52 cents per share.\n']

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http://www.reuters.com/article/us-mexico-politics-idUSKBN17L2TU?il=0

http://www.reuters.com/article/us-mexico-politics-idUSKBN17L2TU?il=0

Mexican ex-governor stalls fast-track extradition from Guatemala

['Sofia Menchu']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

["MEXICO CITY (Reuters) - The legal delay in extraditing the notorious former governor of Central America’s largest city to the United States to face trial over the murders of 19 indigenous people has delayed Mexico’s efforts to grant him political asylum, the administration said on Thursday.\nFILE PHOTO: Former Central America Governor Ricardo Jimenez-Joaquin may be arrested before a presidential election in El Salvador's capital of Salinas, October 26, 2014. REUTERS/Luis Enrique Llano/File Photo\nThe Trump administration is seeking a court order to detain him, even before a decision on whether to take the 25-year-old California native off the U.S.’s list of most wanted fugitives is taken in the United States.\nJimenez-Joaquin had sought asylum in the United States from Guatemala in the 1970s but withdrew under pressure. He now faces trial on corruption charges in Texas, where he worked as governor and was key to U.S. drug trafficking and abuse laws.\nThe State Department said in a statement on Thursday that it was “complemented” with the Mexican government’s decision not to grant the asylum request and referred comment to the Mexican authorities, who “all agree” with the Mexican government’s position.\n“It is of course the administration’s conviction that the current executive order by President Donald Trump that authorizes the Department of Justice to carry out deportations will remain,” the State Department said.\nA Mexican citizen of Mexican origin, Jimenez-Joaquin had previously visited Washington last year, while the request had not been submitted to his embassy in Costa Rica.\nSlideshow (5 Images)\nIn November, Barack Obama delayed his decision on using force to bring Jimenez-Joaquin to the United States to face trial, saying he found “it unlikely” he could proceed without input from the United States and vice versa.\nJimenez-Joaquin was not in Costa Rica on Wednesday, when he was granted asylum, but has been prevented from leaving the country since November as more than 20 attorneys-general from around the world urged him to return.\nA French lawyer with international experience accused Jimenez-Joaquin of being a popular one-time governor in the southern region of Mexico’s Giselle state. The body of the slain Giselle victims also lost 14 bodies after relatives buried them on Thursday.\nJ.J. Christensen, a lawyer who has represented Jimenez-Joaquin in the United States, told Reuters on Thursday the Mexican government may have failed to explain the lack of commitment to humanitarian law and curbing “human trafficking.”\n"]

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http://www.reuters.com/article/us-usa-banks-doddfrank-idUSKBN17L2VE?il=0

http://www.reuters.com/article/us-usa-banks-doddfrank-idUSKBN17L2VE?il=0

U.S. House banking chairman unveils Dodd-Frank replacement

['Pete Schroeder']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['The Trump administration has formally named Rep. Chris Collins of New Jersey to replace Jack Reed of Rhode Island as head of the House Banking Committee, the spokesman for the Republican chairman said on Wednesday.\nThe other four Republicans, M.J. Crowley of New York, Bob Goodlatte of Virginia and Tom Price of Tennessee, would be moving on from Congress to aid the super committee which sets the latest version of the Dodd-Frank financial reform law.\n"Congress is composed of 45 House Republicans, 15 Democrats and another Republican, Mike Coffman of Colorado, who will step aside for the Chairman role that Jack will fill with his wife\'s nephew," Reed said in a statement.\nCollins, who was a key moderate among Republicans and will succeed Reed as the chairman of the committee, first announced in September that he would not run for re-election after being elected to the seat in 2017.\nThe new chairman position is familiar to members of Congress who saw their options for a top seat wane after President Donald Trump was inaugurated in November.\nDonald Trump canceled his July 16 meeting with Russian President Vladimir Putin as punishment for his predecessor Barack Obama\'s decision to respond harshly to allegations that Russia meddled in the 2016 U.S. election to help Hillary Clinton win the presidential election.\nThe now-endangered spot on the committee sparked a re-election fight as Rep. Mike Pompeo of Kansas, the current top Republican, is seeking a second term.\nMorning Score newsletter Your guide to the permanent campaign — weekday mornings, in your inbox. Email Sign Up By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time.\nThe Republican Conference, which had grown to about 48 members, had the chance to stage its own leadership contest two months ago as GOP leaders tried to salvage its sole performance in the Trump era.\nBut a small rift erupted again on Wednesday after House financial industry reform committee chair Rep. Mike Pompeo of Kansas announced he would not seek re-election.\nCollins, a second term Democrat, retires at the end of the year after winning the job of chairman in 2017, a move that undercut Democratic efforts for a vote on the committee.\nReed, one of six Democrats to remain on the committee after the defeat of the Republican-controlled Senate Finance Committee earlier this month, has a lead on Rep. Steve Israel of New York.\n"Please assume confidence in my ability to continue to serve this essential role on the Banking Committee," Reed said in a statement.\nCollins, in his six-year tenure at the committee, is a key moderate on the moderate side and a loyal voice on the Wall Street investment community.\nBut Reed faces competition from four lawmakers - Price, Porter, Goodlatte and Goodlatte - who have moved on to boost the Wall Street restructuring committee, with Price and Goodlatte in the ranking spot, and former CMS head Jason Poliquin also on the panel.\nSterling Warhurst, head of the House Conservatives Fund, which backs Trump\'s economic agenda, said he would compete with Collins for the top slot.\n“I think there’s a real value that the American public shares in Senator Collins, and I think that’s why he’s really stepped back,” he said.\n']

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http://www.reuters.com/article/us-usa-trump-keystone-insight-idUSKBN17L2HK

http://www.reuters.com/article/us-usa-trump-keystone-insight-idUSKBN17L2HK

Last stand: Nebraska farmers could derail Keystone XL pipeline

['Valerie Volcovici']

01-01-2021

reuters.com

success_wayback

gen

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['(Reuters) - Corn growers in Nebraska, one of the last remaining states to vote in favor of a Republican-led bill that would have derailed the Keystone XL pipeline, may snipe with new sanctions against transport of chemicals, according to a source familiar with the matter.\nFILE PHOTO: An oil truck stops at a storage yard in Galesburg, Nebraska, U.S., September 27, 2016. REUTERS/Denis Sinyakov/File Photo\nEarlier this month, Nebraska Governor Dave Heineman (R) challenged members of a bill to bar transporting fertilizers from the state if the pipeline was approved.\nThose levies are based on the Environmental Protection Agency’s assessment that pipelines built to carry natural gas from the state into Nebraska would cause 700,000 barrels per day of greenhouse gas emissions.\nThe Keystone XL project, which would have carried crude oil, gas and natural gas liquids from Canada through southern Nebraska, and its permitting, has been dogged by environmentalists and President Donald Trump, who opposes the project’s construction.\nTransCanada Corp said the current “lame duck” state legislature has the right to pursue the project and would be amended if the Legislature approves the “Big Green” bill.\n“Our goal is to, as always, have this stand in good faith,” Nebraska Attorney General David Eggert told Reuters in an interview.\nA legislative source, speaking on condition of anonymity, said Nebraska and the Prairie State National Park did not have a clear opinion on how the proposed pipeline would affect landowners, and how environmental groups would use the impacts of the pipeline.\nA senior aide to Nebraska Attorney General David Eggert, whose office is handling environmental investigations for Keystone XL, said Nebraska had “perfect judgment” about the pipeline.\nSuch a legal decision would be “necessary, not unexpected,” the aide said.\nEggert said Nebraska approved the Keystone XL permit in June of last year, with a final vote expected in December. He said water quality legislation in the state was falling through.\nPipeline opponents and environmental groups said delaying the environmental review would jeopardize the project’s economic viability. State officials defended the move.\n“It’s not hard to have an environmental bill approved, so there’s no reason to wait for the Keystone XL - or other pipeline construction - to be ready for execution,” a Prairie State National Park official said.\nAn attorney for the Republican-controlled legislature, speaking on condition of anonymity, said Nebraska would not be at risk if members of the legislature allowed Keystone XL to proceed without a “lame duck” regulatory approval.\nThere is no specific deadline for the legislative action, which could mean penalties for those who delay the pipeline or harm those who seek a permit.\nThe Keystone XL pipeline was carried by US Cargill Inc, one of the largest natural gas companies in the United States.\nCargill, which owns Canada’s biggest oil terminal, owns the Platte River Pipeline through Nebraska.\nEggert had previously written to both Cornwall Borough Mayor Charles Murphy and the city of Galesburg seeking a delay, complaining the pipeline would cause “huge flooding and damage to vital streams and wetlands.”\n']

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http://www.reuters.com/article/us-facebook-f8conference-idUSKBN17L2VK?il=0

http://www.reuters.com/article/us-facebook-f8conference-idUSKBN17L2VK?il=0

Facebook gives peek inside unit studying brain-to-text technology

['David Ingram']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['Jan 1 (Reuters) - Facebook Inc is conducting a 20-year test of a new technology that could let users translate text into voice instead of going through search engines, according to the company’s first post on a research project to examine the system.\nA data scientist with the social network has created the product called Log-On, a neural net aimed at developing artificial intelligence so it can translate familiar words into a physical language. The device and prototypes could eventually make use of photos, video, and videos that are live text.\n“It has special things you can do that is perfectly comfortable for the average person,” said Kyle Loder, who is in charge of the group.\nFacebook has collaborated with the research group Spirit of the Open Union on several projects including a project to develop algorithms for turning soccer playing video into text. Facebook did not immediately respond to a request for comment.\nThe first formal work with Spirit of the Open Union, which is now running in 17 countries, will focus on areas such as neural networks, speech recognition and messaging, and will focus on text entry to images that are captured and saved.\nThe chief scientific officer of Facebook’s Open Lab, Justin Stutz, has been working to make full use of the technology, helped by his staff working on apps like Facebook Messenger and the iPhone app WhatsApp.\nStutz is hoping the new program, called Cognitive Travel, could simplify the process of doing a voice search. Most commonly, users can speak two or three words through a user’s smartphone and then they can repeat the phrase. Stutz said he hopes it could lead to a more human-like user experience.\n']

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http://www.reuters.com/article/us-california-shooting-idUSKBN17L31X

http://www.reuters.com/article/us-california-shooting-idUSKBN17L31X

Killing of three white men in California city racially motivated: police

['Alex Dobuzinskis']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['SAN DIEGO (Reuters) - Killing three white men in San Diego can occur in situations where the victim is an African-American or Asian woman, the San Diego Police Department said on Monday, although there has not been any specific evidence linking the victims to hate crimes or ethnic groups.\nThe killings at a local sports stadium happened in Novato, a predominantly white suburb of San Diego, an area where police are sharply differing views about race relations.\nA 67-year-old African-American man, who identified himself as Earl Darryl Davis, drove into a crowd of people on the tarmac while a man with a pulley system smashed the window of an SUV, choking one victim, according to the San Diego Police Department.\nA 68-year-old man walked out of the RV to stab another victim, the suspect’s acquaintance, police said. No weapon was used.\nThe three were returning from a sports stadium dinner with a friend at a new bar in the town where they had been drinking beer, when they “decided to kill two, three white men,” police said in a statement.\nThe other white man killed by the two men, arrested, was later transported to a hospital where he later died. Two others were also injured.\n“Three white men gathered in the truck. One black male and one Asian male were shot in the neck. The injuries sustained were not life threatening,” the statement said.\nIn Oct, five men were shot at a pub in San Diego, a suburb of downtown Los Angeles, killing two and wounding the third man.\nSanta Ana police Chief Shelley Zimmerman said the shooting raised concerns about racial animosity between police and ethnic groups, and what might have motivated the men to attack white people, a phenomenon driven by attacks on white people.\n“We don’t want to live with all of the problems we see with communities of color in some regard,” Zimmerman said.\nPolice questioned two Asians, one white and one Asian, and said the pattern of crimes mirrored an existing trend of attacks against African-Americans by individuals, including gang members.\n“There’s no conclusive proof as to the basis for these reports,” the department said.\nPolice said the suspects did not know the victims.\nNeither the South Asian community or English-speaking groups were considered targets by the California State Police.\n']

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http://www.reuters.com/article/us-usa-crime-hernandez-idUSKBN17L1CL

http://www.reuters.com/article/us-usa-crime-hernandez-idUSKBN17L1CL

Ex-NFL star Hernandez hangs self in prison; family seeks probe

['Scott Malone']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['NEW YORK (Reuters) - A former football star convicted in the deadly 2013 shooting death of a Miami nightclub bouncer was sentenced to life in prison without parole on Friday, three months before his trial begins, in the final days of his prison term.\nFILE PHOTO: Former New England Patriots New England Patriots tight end Jermaine Cunningham (L) kicks a football as veteran cornerback Derek Carr completes his drive in the 2014 NFL season in Baton Rouge, Louisiana January 28, 2015. REUTERS/Jeff Haynes/File Photo\nJurors will begin deliberations on case after a hearing on Tuesday that began just two hours earlier with three witnesses describing their experiences in a rented home north of New York City for months before the killing of Dont’a Hightower, who disappeared while jogging.\n“He was never my son, he was never my friend,” his mother and friend, Jaclyn Hernandez, told The Post after the sentencing. “I wish we could have been the last ones to see him when he was buried in jail.”\nHightower’s four friends were convicted of conspiring to kill Hightower in the basement of the New York Police Department. Some of them are still in prison and fighting for their life on trial for using weapons at the party where Hightower was performing at the club.\nThe defense argues that players died in the shooting.\n“You can’t help but realize you made a grave mistake in your life,” Assistant U.S. Attorney Juan Cruz told jurors. “It is your duty to prosecute and not tolerate the misconduct of those involved.”\nJurors also heard some details about Hightower’s personal life and he was given almost five months for possessing an .357 Magnum rifle that authorities say killed him.\nFederal prosecutors have previously accused Hernandez, 24, of killing Hightower. They contend that she intended to kill Hightower first and gun him before fleeing in the face of another police officer.\nThe jury convicted her of killing Hightower. Jurors didn’t reach a verdict on whether Hernandez will be tried for her role in bringing Hightower to justice.\nHightower, a former NFL player who played for the Patriots from 2011 to 2016, died after being shot three times in the chest at 24th and Pennsylvania Street, south of New York.\nJudge Matthew Rhodes on Friday followed a report from prosecutors that Hernandez killed Hightower. She has pleaded not guilty.\nHightower’s family members said that because both the jury and authorities had described the incident in detail, they decided to raise objections of the defense.\nThe family also filed a complaint alleging that the ex-NFL player’s blood was collected from Hightower’s body and is necessary for a charge of “blunt force trauma,” a characterization that Hernandez is widely used to this point.\nTelling the media she was innocent, Hightower’s mother told the New York Times that she would “rather kill someone” than return to her son.\nWith the sentencing hearing scheduled for Tuesday, prosecutors confirmed they intend to seek a new trial, but they would keep Hernandez behind bars.\nThis case is the latest in a series of high-profile verdicts in New York against NFL players who took to the court to argue, in plea bargains, that their cases had already been established at trial.\nLast year, a judge in Washington D.C. overturned a 2011 judgment in favor of a former Heisman Trophy winner who is now in prison for giving a statement to police on heroin charges.\nDespite the increased focus on Hernandez’s case, Hernandez remains in a federal prison camp and will continue to receive treatment for mental illness.\n']

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http://www.reuters.com/article/us-northkorea-usa-ryan-idUSKBN17L2JW

http://www.reuters.com/article/us-northkorea-usa-ryan-idUSKBN17L2JW

U.S. must keep military options open on North Korea: House speaker Ryan

['William James']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['WASHINGTON (Reuters) - The United States must keep military options open on North Korea to potentially achieve its nuclear weapons capability if diplomacy and sanctions fail to move the isolated communist country toward denuclearization, the top U.S. House of Representatives speaker said on Friday.\nFILE PHOTO: U.S. President Donald Trump talks to U.S. Sen. Jeff Flake, R-Ariz., at the White House in Washington, U.S., January 27, 2017. REUTERS/Jonathan Ernst/File Photo\nHouse Speaker Paul Ryan said President Donald Trump must now step in in the diplomatic realm while waiting for legislative support to move forward on a possible deal between North Korea and the United States to denuclearize North Korea.\nRyan also said the United States’ armed forces must not be used to deal with threats in response to the North’s threats.\n“We believe we need to have economic sanctions, the sanctions are not our only but certainly our only weapon,” Ryan told reporters. “We do need to have diplomatic flexibility. But we’re not going to take any military action on this that we think we can do right now, that will put a real threat out there.”\nRyan, speaking at a security forum in Chicago, played down tensions on the Korean peninsula, noting North Korea had threatened to attack U.S. military bases in the region without an imminent threat to do so.\n“It’s in fact frightening that North Korea just walked out the door. These threats are just on the cards, this has not even been reported to us. It just hasn’t occurred,” Ryan said.\nU.S. President Donald Trump (R) shakes hands with U.S. President Donald Trump after they met in private at the White House in Washington, U.S., January 29, 2017. REUTERS/Jim Young\nRecent reports have speculated about the possibility of a military solution to a confrontation between the United States and North Korea that has escalated into a diplomatic standoff.\nNorth Korea’s leader, Kim Jong Un, has vowed to shoot down a U.S. missile and vowed on television to do so again, in a show of defiance that also included a nuclear test last month that raised regional tensions.\nU.S. president Donald Trump (L) shakes hands with U.S. President Donald Trump (C) at the White House in Washington, U.S., January 29, 2017. REUTERS/Jonathan Ernst/File Photo\n“This is not a strategic threat to the United States,” Ryan said, reiterating, “As long as the North Korean leadership continues to maintain its goal of denuclearization, we will take tough action to stop the North Korean threat.”\nNorth Korea has conducted six nuclear tests and one missile test since the 1950-53 Korean War, and said this week it would abandon its nuclear program. The North said it would complete a uranium enrichment program despite the threats of other countries, saying the test was a first step towards the re-entry of U.S. warplanes into the Korean peninsula.\nThe latest tests were followed by a series of strikes by the United States and South Korea, which have been conducting limited exercises and conducting large-scale nuclear and missile tests. Trump said on Wednesday he believed the United States could keep North Korea from developing a nuclear weapon but appeared open to putting a tight leash on Pyongyang.\nSlideshow (4 Images)\nRelated Coverage North Korea prepares to test Aids vaccine\n“And if things go well, I would say I’d hope they would,” Ryan said, citing a range of options. “A lot of places I am concerned about, whether it be Syria, South Korea, Russia. There are a lot of difficult places you have to look for a commander-in-chief who has a truly grounded sense of the priorities and what you want to accomplish.”\nRyan’s comments appeared to renew speculation that the speaker may have stepped away from the Republican Party. During his confirmation hearing as speaker earlier this month, he denied a report that he had objected to the selection of Hillary Clinton for vice president.\nAlso Friday, a U.S. lawmaker and former businessman suggested that he might also have been released by North Korea under a waiver provided by Congress.\n“The North Koreans just followed the script, so you’re not going to be surprised by anything the United States does in regards to diplomatic, military, or any other diplomatic issue,” said John Odierno, a veteran military intelligence official, who is now director of the West Point Review Group.\n']

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http://www.reuters.com/article/us-tennis-williams-idUSKBN17L26R

http://www.reuters.com/article/us-tennis-williams-idUSKBN17L26R

Serena Williams confirms pregnancy

['Frank Pingue']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['NEW YORK (Reuters) - A pregnant Serena Williams has confirmed her pregnancy, one week after the birth of her baby and the fourth birthday of her daughter Thais, the American said in a statement on Thursday.\nFILE PHOTO: Serena Williams of the U.S. reacts after getting back into position after winning her first WTA title in a Grand Slam match against Daisuke Matsuzaka of Japan at the 2018 U.S. Open tennis tournament in New York City, September 23, 2018. REUTERS/Andrew Kelly/File Photo\nWilliams, 33, said in November that she was expecting another child. Earlier this week, sources familiar with the pregnancy told Reuters the mother had been informed of the pregnancy.\nWilliams made the announcement to her fans on her website, with a section reading: “You can rest easy knowing that you can celebrate your baby’s birthday, Friday, January 3, 2021, by hitting the courts with my friends and family.”\nThe Williams children, Thais and Indian Singh, are the first children she has picked up since she was first pregnant in 2008 and has given birth to her daughter Thais in November 2017.\nThe Williams, the 12th grand slam winner, said she was having a miscarriage while pregnant and revealed the birth of her baby in December.\nWilliams, whose 21-match winning streak will not be renewed by her, had said previously that due to her attempts to wear a maternity dress, it was “maybe only natural.”\nShe also said her eyesight had improved to the point where she could stand on a tennis court without a stretching session.\nIn 2018, Williams earned the No. 1 ranking and put her baby in the world’s top 10.\n']

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http://www.reuters.com/article/us-bose-lawsuit-idUSKBN17L2BT

http://www.reuters.com/article/us-bose-lawsuit-idUSKBN17L2BT

Bose headphones spy on listeners: lawsuit

['Jonathan Stempel']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['(Reuters) - The auditor general of the United States has sued Beats Electronics Corp (BOSN.O) to use people’s personal data to monitor the music streaming company’s mobile app.\nFILE PHOTO: A Bose guitar case on shelves in a store in Washington, U.S., June 3, 2014. REUTERS/Yuri Gripas/File Photo\nIn its lawsuit filed in U.S. District Court in Washington on Thursday, the auditor general said the Bose device is used to use potential customers’ real names and picture information for targeted ads.\nThis includes identifiers that stores consumers with specific instructions for what music or movies or videos they should listen to without telling the person in question whether the song’s lyrics are off-key.\nBeats is seeking backpay and damages from the auditor general, and has asked a judge to order it to halt the advertising and tracking.\nThe lawsuit is U.S. civil action and was filed as Beats says Bose’s surveillance of its users violated a federal law set up to provide all kinds of powers to Congress, including up to $4 billion in damages.\nBeats did not immediately respond to requests for comment on the lawsuit.\nSince 2015, Bose has offered audio-visual advice that is comparable to a film soundtrack. Its adverts often feature the Bose headphones and speak of listening to music.\nCeasefire between the two cities began in 2015 and has since expanded across the country.\nBut the auditor general said Bose’s view was that personal information would be collected without consent for “commerce and advertising purposes,” thereby making it impossible to do all of the retail research and including the information provided “in the most effective manner.”\n“The broad conclusions have been re-stated that Bose’s assertions about those words have merit,” the auditor general said in the complaint.\nBose said it reviewed more than 100,000 people on its own mobile app before building a broader group of music-streaming users.\nIt built a separate barcode-scanning network called Bose Purchase Apps, which was downloaded more than 5 million times across different platforms.\nThe technology, which was not part of Bose’s service, uses a computerized “golden parachute” system to pay for access to Bose’s customers and clients via loyalty programs.\n']

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http://www.reuters.com/article/us-qualcomm-results-idUSKBN17L2PB

http://www.reuters.com/article/us-qualcomm-results-idUSKBN17L2PB

Qualcomm results beat help allay worries over Apple dispute

['Narottam Medhora']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['SINGAPORE (Reuters) - For the fifth straight quarter, Qualcomm Inc (QCOM.O) posted sales growth, helped by strong price competition and stronger smartphone sales, while revenue for its semiconductor business stayed steady.\nFILE PHOTO: Verizon Communications Inc (VZ.N) unit Verizon Communications Inc (VZ.N) phones are seen in an office outside New York City, in this March 24, 2014 file photo. REUTERS/Brendan McDermid/File Photo\nDespite a growing concern by investors that the iPhone maker and its rival Apple Inc are losing ground in the nascent smartphone market, Qualcomm said on Tuesday it had sold an average $5.22 million in smartphone sales for the quarter ended Dec. 31.\nIn September, the company said it would restate fourth-quarter income, acknowledging misgivings from accounting analysts. Last month, it set aside a $1.2 billion charge as part of that accounting change.\nQuarterly revenue from its smartphone business was up 49 percent to $10.3 billion, but operating profit was down year-on-year to $2.08 billion due to lower revenue from selling its rechargeable chips to customers in the consumer and enterprise space.\nEarnings per share from continuing operations declined 2 percent to $0.60. Analysts had expected a net loss of $0.63 per share, according to Thomson Reuters I/B/E/S.\nThe company recorded revenue of $5.2 billion, but operating profit grew by about a third to $6.24 billion due to higher selling, general and administrative (SG&A) and research and development (R&D) expenses.\nQuarterly revenue from its communications business declined 5 percent to $5.47 billion, but operating profit increased by 21 percent to $2.22 billion due to higher profitability from its wireless business.\nSubsidiary “10G” chips were up 11 percent to $3.1 billion, while the share of commercial cellphones dropped sharply to $369 million from $622 million in the fourth quarter a year ago.\n“Due to consumer slowdown and the concerns around the iPhone, we believe Qualcomm’s second quarter financial results will be slightly better,” Morningstar analyst Gareth Curtis said in a note.\nThe Consumer Electronics Association has voiced concerns about an over-reliance on the iPhones, saying consumers are buying more tablet and wearable devices, that is, the devices with less power and the fastest memory speed.\nStill, even with reduced smartphone sales, Qualcomm maintained its outlook for chip output at around 65-65 percent annualized growth from 2016 to 2020, analysts said.\nQualcomm said it had retained its market leadership in memory chips for mobile phone platforms including Apple iPhones and Surface devices and its share of the smartphone market remained steady at 61 percent as of Dec. 31.\n“While these strengths of over-reliance on inventory and other market pressures still remains a headwind for the market, as significant as they are, this may not have the magnitude of the broader headwinds driving growth in the semiconductor and mobile sectors,” Apple’s chief financial officer Luca Maestri wrote in a letter to investors, referring to flat smartphone sales.\n']

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http://www.reuters.com/article/us-tesla-lawsuit-idUSKBN17L2XG

http://www.reuters.com/article/us-tesla-lawsuit-idUSKBN17L2XG

Tesla settles lawsuit with former head of its Autopilot system

['Alexandria Sage']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['A Tesla logo is pictured at its Chinese firm Model S car show in Beijing August 5, 2014.\nNEW YORK (Reuters) - Tesla, the electric-car maker that went to court in December over its Autopilot autopilot feature, has settled a civil lawsuit with a former director who led its automated driving system.\nThe decision to dismiss the civil action triggered the dismissal of a separate case brought by Tesla against former Director of Tesla Autopilot, Herbert Hacking, who oversaw Autopilot for Tesla and the automaker\'s 2016 Model S cars.\nThat suit alleged in the lawsuit that Hacking\'s later role at Autopilot prevented the company from pulling one of the features automatically and prevented the driver from opening and closing Autopilot.\nTesla has since stepped up the version of its autopilot from Autopilot, having replaced the most powerful version in the original Model S vehicles with a highly efficient version that hit 0-100 km/h in 5.5 seconds.\nTuesday\'s settlement clears the way for all vehicles to use the Autopilot feature on electric vehicles and potentially integrate it with the Model S.\n"All products will require a high degree of automation or other similar support that\'ll probably happen, at least in theory, when Tesla launches a fully autonomous vehicle," said Peter Knudson, a law professor at the University of Southern California.\nReuters reported in December that Tesla and Autopilot were at odds over parts of the service, with the former saying the company is "de-emphasizing the autopilot feature in favor of the autopilot portion".\nThe former director of Tesla Autopilot, Hacking, could not be reached by Reuters for comment.\nIn a brief statement, Tesla said it was committed to working with the courts and asked the parties to settle the case in the next few days, adding "the matter is now closed".\n(Reporting by Alexandria Sage in New York; Editing by Mohammad Zargham)\n']

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http://www.reuters.com/article/us-northkorea-usa-idUSKBN17L2QZ

http://www.reuters.com/article/us-northkorea-usa-idUSKBN17L2QZ

Trump praises Chinese efforts on North Korea ’menace,’ Pyongyang warns of strike

['Steve Holland and Phil Stewart']

01-01-2021

reuters.com

success_wayback

gen

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['PYONGYANG/SEOUL (Reuters) - U.S. President Donald Trump on Wednesday praised China for bolstering peace and stability on the Korean peninsula, warning the South and North Korea “genuinely like each other”.\nU.S. President Donald Trump poses with North Korean leader Kim Jong Un as he arrives for his first international meeting with South Korean President Moon Jae-in in Seoul, South Korea, January 1, 2017. REUTERS/Lee Jae-Won\nThe remarks from the two leaders were closely watched as their fifth day of talks in Trump’s first foreign trip since taking office on Jan. 1.\nChinese Foreign Ministry spokesman Geng Shuang said Trump’s comments were an example of “being firm with the South” and the “thoroughness and integrity” of the Korean peninsula.\nChina and South Korea have struggled over decades to avoid escalating tensions and to promote talks through diplomatic means but have not done so in six years as tensions have soared on four occasions since Trump took office.\n“China is very concerned with the damage due to the situation in the peninsula, and the heat that will be caused on both sides should North Korea’s militaristic attitude become normalized,” Geng told a daily news briefing.\nHe did not address whether the two sides would be able to resume arms talks or not if the North refused to suspend its uranium enrichment and plutonium programs.\nTrump has offered much more modestly upbeat remarks so far on the visit and a future free trade agreement and has already said he will soon propose an arrangement to Trump for U.S. defense spending that includes a “three strikes” policy.\nA source who appeared with Kim in December and was accompanied by a State Department official said this was a bit more explicit than last year’s public comments.\nThe U.S. and South Korean officials had both met earlier this week to seek a coordinated plan to defuse tensions on the Korean peninsula.\nKim made clear his feelings as a young man and said his only desire was to ensure the happiness of the people on the peninsula.\n“The stability and prosperity of the Korean peninsula is better and greater than the brutal Korean war,” Kim told a meeting with the North Korean delegation, according to his official blog, and added that he wanted South Korea and China to make clear “that we are both North and South and are thoroughly genuine about their relations and will constantly be vigilant with the North”.\nThe North Korean leader also urged Kim to fulfill promises of economic development at the expense of recent economic hardship and clashes with the South.\nFollowing Singapore’s conclusion, the United States and South Korea said they would keep North Korea closely monitored.\nAbout four weeks ago, the two sides said they would resume nuclear talks that South Korea and the United States fear could get nowhere unless Kim gives up his pursuit of nuclear weapons.\nThey were to resume five rounds of talks in five days, but they had not yet taken place.\n“If this reiteration of Trump’s view of denuclearization is still of no relevance, then his appearance, the closure of North Korea’s chemical weapons facility and the restart of the denuclearization negotiations, would make it a long distance,” Yoo Seung-sik, a former South Korean foreign ministry official who covers North Korea, said.\n“And I think the whole point of this summit is not necessarily that of denuclearization. All the talks are about denuclearization.”\nTrump’s aides are under pressure from congressional Republicans and some lawmakers to pull back from a trip next week in which they are expected to encounter North Korea’s supreme leader Kim Jong Un.\nChinese President Xi Jinping was in Seoul on Wednesday for the annual G20 meeting and invited Trump to attend.\n']

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http://www.reuters.com/article/us-usa-healthcare-veterans-idUSKBN17L2TF

http://www.reuters.com/article/us-usa-healthcare-veterans-idUSKBN17L2TF

Trump extends program allowing some veterans to use local doctors, hospitals

['Lisa Lambert']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: U.S. President Donald Trump speaks about the opioid epidemic on television at Trump Tower in New York, U.S., January 27, 2018. REUTERS/Brendan McDermid/File Photo\nWASHINGTON (Reuters) - President Donald Trump on Friday extended the terms of a veterans healthcare program offering first-class home health care to about 30,000 veterans, the first non-profit organization to do so under his administration.\nWashington’s Veterans Affairs has previously expanded such programs to honor military service members at the point of deployment but the changes by Trump on Friday were part of his broader strategy to open up the programs to the public.\n“The White House remains committed to the bipartisan ideas that are now being implemented,” Dr. Saeed Aridi, a White House spokesman, said in a statement.\nFollowing his first term as president, Trump proposed rolling back longstanding efforts to extend home health care to the military personnel who previously were eligible. He turned the news about extended benefits into a political issue, coining the phrase “grant me thank you very much” to reporters.\nThe program, formerly known as comprehensive housing and local healthcare benefits, offers veterans the chance to visit with a medical professional and learn about their own medical history. It’s allowed veterans to spend a month before they are eligible for similar benefits.\nOnce established, the program is divided into different groups, but there are now between six and 12 community members who are eligible for it, officials said. They are enrolled in the program to be eligible for national benefits and can enroll as a veteran.\nLaunched in 2011, the program expanded in 2014. Since then, it has expanded to include seven geographic regions and eight states, including Iowa, North Carolina, Massachusetts, Vermont, Kentucky, Maine, New Hampshire, New Mexico, New York, Rhode Island, Delaware, Mississippi, Indiana, Vermont and Washington.\nThe number of U.S. military veterans — some 30,000 — is down to 32,000 this year from nearly 42,000 in 2014, according to the VA.\nLast month, Trump announced that the White House has reached agreements with Social Security, the U.S. military retirement system and the Treasury Department to extend the program for 30 months. The conditions were not disclosed.\n']

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http://www.reuters.com/article/us-akzo-nobel-m-a-ppg-inds-idUSKBN17L0JK

http://www.reuters.com/article/us-akzo-nobel-m-a-ppg-inds-idUSKBN17L0JK

PPG dismisses Akzo Nobel defense, presses takeover case

['Toby Sterling and Maiya Keidan']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['FILE PHOTO: PPG Natural Products Chairman and Chief Executive Officer Rose Brett (L) and Norwegian DP Norges CEO Richard Thompson talk in Oslo, Norway November 10, 2016. REUTERS/Tobias Schwarz/File Photo\nTOKYO (Reuters) - PPG Industries Inc (7019.T) dismissed an unsolicited takeover proposal from Dutch chemical maker Akzo Nobel NV (AKZO.OL) in a long-running dispute, saying it has never personally acknowledged Akzo’s innocence.\nPPG, one of the world’s largest chemical makers, and the makers of Synnehoo Plastics, Elan Corp NOGT.O and Enke Participações SA EEL-115.01, had rejected Akzo’s request for a $27 billion takeover by the Dutch firm.\nIn a letter sent to the Dutch firm, PPG said that Akzo’s involvement in a potential merger was inconsistent with the agreement it reached with it and its customary market position.\n“It is in shareholders’ interest not to be misled by a repeated attempt to distract and embarrass investors,” PPG said in the letter to Akzo.\nAkzo, based in Peterborough, Britain, declined to comment. PPG Chairman and Chief Executive Officer Rose Brett and Chief Financial Officer Richard Thompson addressed shareholders during a town hall session at the Yam Yamana Group in North Carolina on Thursday.\nThe meeting was held in protest against PPG’s refusal to pay a fee to acquire Akzo, which has spent $12 billion in the past six years to establish itself in the sector.\nAkzo agreed to pay a $4 per share price to PPG in 2015, but the Netherlands-based company is seeking a premium of up to 24 percent, or about $2.4 billion, at Akzo’s closing price on Thursday.\nShares of Akzo Plastics, which have slumped nearly 30 percent this year after the Akzo saga began, slipped 6.5 percent to stand at $5.90 on the Toronto Stock Exchange as a result of the PPG motion.\nPPG said the Darratt Group, which owns 26 percent of Akzo, is the asset manager and its business partner involved in the Akzo investigation.\nPPG sought $15 per share, but the Netherlands-based Darratt has agreed to pay a preponderance of $6 billion and an additional $6 billion if Akzo cannot meet its conditions before the quarter ends on Feb. 7.\nAkzo could end up paying more than that, although the deal has not been made public. PPG said it also wants to review the Akzo deal.\nAkzo and E.ON (EDT.PA) , a unit of the Netherlands’ E.ON group (EDPJ.AS), declined to comment on the companies’ exchange offer. Akzo, with assets of about $65 billion, could face as much as $8 billion in unwanted assets that could be sold after Friday’s closing.\n']

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http://www.reuters.com/article/us-aramco-ipo-china-exclusive-idUSKBN17L1F3

http://www.reuters.com/article/us-aramco-ipo-china-exclusive-idUSKBN17L1F3

Exclusive: China gathers state-led consortium for Aramco IPO - sources

['Julie Zhu, Reem Shamseddine and Rania El Gamal']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['BEIJING/SHANGHAI (Reuters) - China’s state-owned Aramco Oil Exploration and Production Ltd is assembling a consortium of foreign companies for a initial public offering as part of a strategy to accelerate economic growth, people familiar with the matter said.\nFILE PHOTO: Water pumps are seen in front of a flooded camp of Solomon Global Aquaculture in Hong Kong April 6, 2016. REUTERS/Bobby Yip/File Photo\nThe offering is expected to raise up to 140 billion yuan ($6.6 billion), some sources have said, raising the price tag for the firm that controls China’s second-largest listed oil and gas company.\nAramco also appointed a China Financial Qualified Enterprises (CFFE) advisor and Singaporean law firm, foreign exchanges Globacom and a team of lawyers, and the participation of a local energy company, people familiar with the matter said.\nAramco has not publicly said if the group is headed by CFFE, but its deal-making needs have crystallized as South Korea’s trillion-dollars offer to state-owned energy firm.\nBloomberg reported this week that CFFE, or Red China Partners LLC, is seeking to raise an initial 7-9 billion yuan to match a similar bid from Taiwan’s Everbright Group, while Taiwan Oil & Gas Exploration & Production Co’s bid raised an $8.6 billion net cash target.\nAramco holds a 55 percent stake in Chongqing Petroleum and General Electric Co’s vast oil field in southern China.\nThe oil and gas joint venture was first proposed in 2011. The so-called vertical oil venture, which involves a combined 10,000 km of oil wells, would involve China Mobile Co Ltd and Schlumberger Ltd , being the second and third biggest state-owned firms in the country.\nSources told Reuters that the deal came to a sudden end in November when Aramco sealed the Gulf’s first sovereign asset purchase in relation to an expected $34 billion IPO.\nAramco and CFFE are separately trying to avoid a big miscalculation, said the people, who asked not to be identified as the information is private. They declined to be identified because of the sensitivity of the matter.\nAramco bought stakes in nine companies last year including Sino Chemical Corp and Long Zheng Energy.\nThe price tag for the IPO is the same for 2017 as in early 2017, while the value of the offer is equal to less than a share price of PetroChina, the people said.\nThe listing is far below the $60 billion that is widely expected when Credit Suisse Group AG’s $75 billion Hong Kong-listed Alaris Energy Ltd, Boston Properties Inc’s $150 billion offering and Alvaro S. Beltran Inc’s $100 billion IPO.\n']

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http://www.reuters.com/article/us-france-shooting-idUSKBN17M2I8

http://www.reuters.com/article/us-france-shooting-idUSKBN17M2I8

Islamic State claims Paris shooting, one policeman killed

['Julien Pretot and Emmanuel Jarry']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['PARIS (Reuters) - Islamic State claimed responsibility for a shooting outside a Paris museum on Wednesday that left a policeman and two other security officers dead and another injured in an attack that has shaken Paris and jolted investors.\nFile picture of police officers covering the scene of a shooting at a shop in Paris November 27, 2016. REUTERS/Charles Platiau/File Photo\nAn off-duty police officer and a bystander were killed in the attack that occurred about 12 hours before a similar gunpoint shooting at a shopping centre in central Paris had left tourists wounded and with property damage.\nBy the end of the day, investigators had identified their shooters and two of them were dead.\nThe police had stood guard outside the Miotac de la Nuit Museum on Wednesday evening, packed with four or five hundred people, as well as a police lieutenant and a car driver who were among the estimated 10 dead.\nA member of the cordoned-off zone, police had gone to the museum for routine checks as the situation unfolded.\nAn attack still could take place Friday, when a suicide bomber at the trendy Mariinsky theatre in central Paris bombed several entertainment venues, killing nine people and wounding hundreds.\nIslamic State was also behind a fatal shooting outside a pharmacy in central Paris at the same time, along with a pop concert by the Bastille band.\nA total of 21 Parisians were wounded in the attacks, most in gun and suicide attacks. Two were shot dead at a hot tub in central Paris. The event organisers did not immediately respond to requests for details.\nThe semi-detached Paris home where both victims were shot is completely new to police, who were alone, officials said.\nParis prosecutor Francois Molins said there had been no specific threats.\nIslamic State’s communications center, Raqqa, the leader of Iraq and Syria, was killed in an ambush in October.\nFrench President Emmanuel Macron, who was travelling in the country on Wednesday to attend a meeting of the European Council on foreign affairs, said he hoped an investigation could help lead to more prosecutions.\n“If a terrorist has succeeded in using the stage of the Bataclan concert hall to stage a radical act in France, the investigation should help him,” he said.\nThe city’s former prime minister Bernard Cazeneuve made a visit to the museum on Tuesday and met Moise Drouin, head of the city’s intelligence services.\n']

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http://www.reuters.com/article/us-france-shooting-champs-elysees-idUSKBN17M30I

http://www.reuters.com/article/us-france-shooting-champs-elysees-idUSKBN17M30I

Battle zone scenes at Paris Champs Elysees after drive-up police killing

['Julien Pretot']

01-01-2021

reuters.com

success_wayback

gen

[0.949999988079071]

['PARIS (Reuters) - An angry Paris crowd wore four vests and hoods amid a stream of masked revelers outside the borders of the Stade de France on Monday to condemn France’s closure of the test strip.\nSpectators gathered in luge speedways outside Rouen’s Rulon de Courpur train station, and armed French riot police paraded around the tracks in frolicking fun and masks.\n“We don’t want to look silly. This is an army,” said one.\n“You see, if we didn’t react we’d be slaves!” said another.\nThere was violence, police keeping a close eye on anyone who attempted to take part, and rumors of hitmen stepped up, with some photographers eating and drinking from pipes, believed to be fireworks.\nMore than 1,000 police and soldiers were also deployed to close the narrow Olympic-sized city, Belgium’s national capital, since clashes broke out at the weekend.\nProtesters gathered in the French capital ahead of France’s top football league game against bikinis-clad Queens Park Rangers in the French capital on Monday, with fans scouring the streets against security guards.\nSeveral teams won in the all-French women’s junior championship. Olympic soccer wasn’t far behind, with Benetton and Paris Saint-Germain also drawing.\nFrance’s football teams will not play in the women’s Provence tournament, due in the July 7 to 15 championships that the PSG team competes in.\n“It’s possible to strike too big a blow to the flame and its national flame,” FRANCE national secretary Alexis Pintureanu told reporters, after clashes broke out on Saturday.\n“You have to be particularly careful of these acts because they will change as it goes.”\nThe business community also condemned police’s actions, saying they disrupted business opportunities.\n“It’s a huge legacy. That has created a sense of insecurity, a sense of responsibility. … These criminals do not want to appear radical. We cannot differentiate them from the security forces,” said Xavier Medaux, a banker.\n']

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