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| May 24, 2019

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US stocks rebound, but still face losses for the week

May 24, 2019 |

US stocks rebound, but still face losses for the weekFinancial companies led the buying as the yield on the 10-year Treasury note reversed part of a steep slide a day earlier. The market has swung between gains and losses all week as investors weighed the prospect of a prolonged trade war between the U.S. and China. “Today you’re just seeing a rebound, really almost across the board, so that tells you yesterday everything was just being sold with no rhyme or reason,” said Ben Phillips, chief investment officer at EventShares.

Yahoo News – Latest News & Headlines

Trump obstruction: More than 500 former prosecutors say president should face 'multiple felony charges'

May 8, 2019 |

Trump obstruction: More than 500 former prosecutors say president should face 'multiple felony charges'More than 560 former federal prosecutors have signed a letter saying Donald Trump should be charged with obstruction of justice.The statement claims there is “overwhelming” evidence of corrupt intent to block the investigation by Special Counsel Robert Mueller into Russian interference in the 2016 election.“Each of us believes that the conduct of President Trump described in Special Counsel Robert Mueller’s report would, in the case of any other person not covered by the Office of Legal Counsel policy against indicting a sitting President, result in multiple felony charges for obstruction of justice,” the statement reads.US senator Richard Blumenthal said he was “proud” to add his name to the list of signatures, which includes officials who worked for both Democratic and Republican administrations stretching back to Dwight Eisenhower.He was joined by Bill Weld, a former US attorney who is standing against Mr Trump for the Republican presidential nomination, and Donald Ayer, a former deputy attorney general under George HW Bush. Mr Weld said the evidence “goes well beyond what is required to support criminal charges of obstruction of justice.”The letter was drawn up in response to Attorney General William Barr’s conclusion that the evidence was insufficient for a charge of obstruction of justice.It argues there is evidence that Mr Trump attempted to fire Mr Mueller, limit the scope of the investigation and prevent witnesses from cooperating with investigators.“To look at these facts and say that a prosecutor could not probably sustain a conviction for obstruction of justice – the standard set out in Principles of Federal Prosecution  –  runs counter to logic and our experience,” the letter says.The statement had gathered around 370 signatures by Monday afternoon and by Tuesday morning the total stood at 566, according to the list updated by the non-profit Protect Democracy project.It came as members of the House Judiciary Committee announced plans to vote on Wednesday on whether to hold Mr Barr in contempt of Congress for failing to meet a deadline to provide a copy of the full, unredacted report and its underlying evidence.

Yahoo News – Latest News & Headlines

Reform capitalism or face revolution, billionaires are told at Milken Conference

May 6, 2019 |

The atmosphere of incongruity that pervaded this week’s annual Milken Institute Global Conference was practically palpable.

The gathering of billionaires, hedge fund managers and other financial industry professionals who converged on the Beverly Hilton hotel largely had a particular end in mind:…

L.A. Times – Business

Theron: This Is How Hollywood ‘Slaps You in the Face’

May 5, 2019 |

For Charlize Theron, it was a defining moment—and one that reflects how Hollywood recasts women the moment they turn 40, USA Today reports. Appearing on Watch What Happens Live With Andy Cohen , the actor responded to a rumor she had turned down the film role of Wonder Woman, which…

Sri Lanka Bans Face Coverings as it Scrambles to Respond to Easter Attacks

May 3, 2019 |

Sri Lanka Bans Face Coverings as it Scrambles to Respond to Easter AttacksSri Lanka has banned its people from wearing face coverings after the Easter bombings. Critics say it will stir suspicions against Muslims.

Yahoo News – Latest News & Headlines


Jenelle Evans’ Husband David Eason Could Face Jail Over Child Support

May 3, 2019 |

David Eason doesn’t just abuse and kill helpless animals — he’s also allegedly abused his baby mama and fell way behind on child support payments … and if he hasn’t paid by today he could end up in jail. Eason is currently under criminal…

Bayer's CEO Expected to Face Tight Shareholder Vote on Friday

April 26, 2019 |

Bayer's CEO Expected to Face Tight Shareholder Vote on Friday(Bloomberg) — Bayer AG Chief Executive Officer Werner Baumann faces the biggest test of his three-year tenure as shareholders increasingly upset with the Monsanto takeover gather for a day-long meeting that will culminate in a crucial confidence vote.

Yahoo News – Latest News & Headlines


North Face climbers confirmed dead after Banff National Park avalanche

April 22, 2019 |

The bodies of renowned climbers David Lama, Jess Roskelley and Hansjörg Auer were recovered Sunday. – RSS Channel – Regions – Americas


Couple could face death penalty over ‘sea home’

April 20, 2019 |

An American bitcoin trader and his girlfriend could face the death penalty after they were accused of threatening Thailand’s sovereignty by building and living in a “sea home” off the coast of Phuket. – RSS Channel – World


North Face climbers likely killed in Banff National Park avalanche

April 19, 2019 |

Three professional mountain climbers are missing and are presumed dead after an avalanche at Canada’s Banff National Park, according to park officials and the outdoor-gear brand sponsoring them. – RSS Channel – Regions – Americas