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The Tiny, Simple Nuclear Reactor That Could Change Energy  » 
13 Dec 2019, 23:31

The Tiny, Simple Nuclear Reactor That Could Change EnergyThe next step in nuclear power is 1/100th the size of today's reactors.


A British doctor was treated in an American emergency room and said it revealed how broken US healthcare really is  » 
13 Dec 2019, 23:09

A British doctor was treated in an American emergency room and said it revealed how broken US healthcare really isAdam Kay, the former British doctor who wrote "This Is Going to Hurt," says the UK's National Health Service actually works.


Pompeo warns Iran of 'decisive response' if harm in Iraq  » 
13 Dec 2019, 20:58

Pompeo warns Iran of 'decisive response' if harm in IraqSecretary of State Mike Pompeo on Friday warned Iran of a "decisive" response if US interests are harmed in Iraq, after a series of rocket attacks on bases. "We must... use this opportunity to remind Iran's leaders that any attacks by them, or their proxies of any identity, that harm Americans, our allies or our interests will be answered with a decisive US response," Pompeo said in a statement. "Iran must respect the sovereignty of its neighbors and immediately cease its provision of lethal aid and support to third parties in Iraq and throughout the region," he said.


29 photos show how climate change has ravaged the Arctic in the past decade  » 
13 Dec 2019, 20:14

29 photos show how climate change has ravaged the Arctic in the past decadeNOAA's Arctic Report Card warns that climate change is transforming the Arctic. These photos show its dire effects on the region so far this decade.


California police officer involved in two fatal shootings in one year  » 
13 Dec 2019, 20:05

California police officer involved in two fatal shootings in one yearA new report has found that a California police officer was involved in two fatal shootings in just one year, highlighting the deadly results of American police policies that generally allow officers to use deadly force when they deem necessary.In both instances, according to an analysis by the Washington Post, Ceres police officer Ross Bays shot at individuals who had stumbled out of a car and began running away — and experts say that the timing of the shootings should be worrisome, even though both were ultimately ruled justified.


The 10 Best Tech Gadgets of 2019  » 
13 Dec 2019, 19:58

The 10 Best Tech Gadgets of 2019


‘Marxist, Joke, Disgrace’: How Corbyn United Britain Against Him  » 
13 Dec 2019, 19:23

‘Marxist, Joke, Disgrace’: How Corbyn United Britain Against HimLONDON—Jeremy Corbyn’s radical left-wing experiment has been obliterated by the British public.The Labour leader limped to the party’s most pathetic defeat since 1935 after publishing arguably the most socialist party platform in British history.Boris Johnson—a party leader widely viewed as elitist, dishonest, and out-of-touch—was swept to power by the very working-class communities that have cherished and sustained the Labour party since its foundation in 1900.Former Labour leader Michael Foot’s radical manifesto of 1983 was once labeled “the longest suicide note in history,” but his Labour party secured more parliamentary seats against Margaret Thatcher’s Conservative party than Corbyn managed this week.Europe to U.K.: Leave if You Must but Do It FastWhat Do the UK Election Results Mean for Democrats? Nothing Very Good.Foot’s defeat lead to a brutal battle for the soul of Labour that was eventually won by the moderate wing of the party, who chased out the most hardened left-wing members in a decade-long dispute that culminated in the election of Tony Blair as leader in 1994.Speaking just after 3 a.m. Friday in a North London sports center, Corbyn made the case that his radical proposals were widely popular and his project had been derailed by the animosity and split loyalties riled up by Brexit, not because the party must move back towards the mainstream.He hopes to stay on as party leader long enough to oversee the election of one of his Corbynista protégés. If he truly wanted to advance the cause of Labour’s left-wing tradition, he would stand down immediately. The last thing any new Labour leader needs is the endorsement of Jeremy Corbyn.The outgoing Labour leader is the most unpopular British party leader since polling began.One only needed to spend a few hours in Labour’s heartlands in North Wales, the Midlands, and the North-East to experience the stunning level of distrust—and even disgust—for the Londoner.Life-long Labour voters opened their doors to The Daily Beast this week and poured scorn on a man they described as “weak,” “a Marxist,” “a joke,” and “a disgrace.”It is true that some of this disdain in ‘Leave’ voting areas flowed from Corbyn’s tortuous progress towards making Labour an anti-Brexit party. But that was only one factor cited in a torrent of abuse directed at the hapless leader.Even in Labour target seats in the anti-Brexit London suburbs, former Labour loyalists said they could not bring themselves to vote for a man who has spent his entire adult life campaigning alongside anti-Western activists associated with Hamas, Hezbollah, and opponents of Israel, some of whom have been accused of anti-Semitism.Of the 2017 Labour voters who abandoned the party at this election by far the largest group (46 percent) said it was because they “don’t like Jeremy Corbyn,” according to a Deltapoll of 12,000 members. Next up was: “Don’t believe manifesto promises.”Voters in Labour seats like Leigh in the suburbs of Manchester, where the Conservatives were elected for the first time since the district was created in 1885, were simply not willing to allow Corbynism into No. 10.Corbyn says the process to replace him will begin in the new year. If his successor is to achieve power, they must be able to unite the party membership—many of whom joined the party to support Corbyn—while not alienating the rest of the country.That will be incredibly difficult. Corbyn’s supporters in the Parliamentary Labour Party and outside sought to defend the left from the election fallout as soon as the devastating exit poll dropped on Thursday night. Hundreds of thousands of party members have bought into the Corbyn narrative and moderate candidates will have to convince them to change direction in order to secure nationwide support if they are to have a chance of preventing a Corbynista from taking up the role. Corbyn’s right-hand man John McDonnell—who often refers to himself as a Marxist—has ruled himself out of the running, saying that the party needs to look to a younger generation.One of the Corbynistas’ most loyal followers and brightest hopes was Laura Pidcock, but she lost a seat that had been held by Labour since 1950 in Thursday’s election.That leaves Corbyn acolytes and avowed left-wingers such as Rebecca Long-Bailey and Richard Burgon to try and fight off the inevitable challenges from more moderate rivals like Brexit spokesman Keir Starmer or, even further towards the right of the party, Jess Philips.The internal spin battle to explain Labour’s crushing defeat will only intensify in the coming weeks, but whoever emerges must be able to present a clear break from Corbynism if they are to re-engage with a country that has turned its back.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.


Trump threatens Democrats who he says are 'trivializing' impeachment: 'Some day there will be a Democrat president and there will be a Republican House, and I suspect they're going to remember it'  » 
13 Dec 2019, 18:39

Trump threatens Democrats who he says are 'trivializing' impeachment: 'Some day there will be a Democrat president and there will be a Republican House, and I suspect they're going to remember it'On Friday the House Judiciary Committee voted to advance two articles of impeachment against Trump for abusing his office and obstructing Congress.


Spokane Cop Accused of Sex Assault Finally Loses Pay After More Accusers Come Forward  » 
13 Dec 2019, 18:32

Spokane Cop Accused of Sex Assault Finally Loses Pay After More Accusers Come ForwardA Washington state police officer once told a coworker he would “say exactly what's on my mind, unless I'm on body camera.” This week, his boast came back to haunt him. The Spokane Police Department suspended Officer Nathan Nash without pay after a domestic violence victim accused him of assaulting her, and a police investigation found he had turned off his body camera during the event.The investigation began in October, when a domestic violence victim told the police department Nash had sexually assaulted her in a follow-up call to her house. The woman says she called Nash to ask about the location of her evidence photos, according to court documents obtained by KXLY. Nash allegedly asked her to meet in a private place to “go over the bruises on her body” and then pressed her to let him come over before her mother returned. On his way to the woman’s apartment, Nash allegedly turned off both his body camera and tracking equipment, resulting in a 36-minute location gap that a police analyst later described as “peculiar.” Once inside, the woman says, Nash followed her into her bedroom and directed her to take off her pants and underwear. She told investigators she was confused by the request, but complied because he was a police officer. The woman says Nash then penetrated her with his fingers for 30 seconds to a minute. She says she panicked, but thought it might be what he was supposed to do. Eventually, she says she told Nash "OK, that's enough." She later told investigators the alleged assault was the worst thing that has ever happened" to her.Before leaving, the woman says, he gave her his personal cellphone number. He did not photograph or otherwise document her bruises.When questioned by investigators, Nash blamed the incident on the domestic violence victim, suggesting that she had come on to him and become “embarrassed, mad, or upset,” when he ended the sexual contact, according to court documents. He added that the police department's body camera manual was more than 100 pages and “there's no way I'm gonna know all that content." In a statement after Nash's arrest, his personal attorney Rocco Treppiedi said Nash “categorically denies the allegation of sexual assault and any criminal activity.” “Ofc. Nash considered the additional evidence she provided, and immediately followed up on the information she provided,” Treppiedi said. Nash’s attorneys did not respond to The Daily Beast’s request for comment.In the weeks after the initial report, two more women came forward with concerns about Nash. One was a second domestic violence victim, who told investigators that Nash had come on to her while he was investigating her complaint in May. During a visit to her home, the woman said, Nash made a point of turning off his bodycam, then gave her his personal cellphone number and said he would respond faster than 911. Over the following weeks, she says he friended her on Facebook and started liking photos of her in lingerie, and sending her “creepy” and “needy” messages. According to court documents, she told investigators she felt he “had a hidden agenda of starting a relationship with her.”A police department volunteer also complained about Nash, claiming he had given her his personal number and sent her inappropriate texts, including a Jeopardy-themed message reading, “Things I would like to do to you for $600,” and “Answer: what is a naked back rub?”“I’m too old to play games, no need in beating around the bush,” Nash allegedly wrote in another message. “I just say exactly what’s on my mind, unless I’m on body camera."Nash was arrested on Nov. 22 and pleaded not guilty to second- and third-degree rape and official misconduct. His trial is set to begin in February.Nash was originally placed on administrative leave while the investigation progressed. This week, the police department put him on “unpaid lay-off status,” meaning he will not work or be paid until the outcome of his case is determined.  If he is found not guilty, he will be reinstated while the department investigates whether he violated any department policy, City spokesperson Marlene Feist told local news station KREM.“The alleged conduct is completely unacceptable and in absolute conflict with the high standards of the Spokane Police Department,” Chief Craig Meidl said in a press release. “Our men and women took an oath to protect and serve the community in which we live. We will not shy away from that oath and it will be upheld.”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.


Meghan McCain Confronts Tom Steyer: ‘You Bought Your Way’ Onto Debate Stage  » 
13 Dec 2019, 17:30

Meghan McCain Confronts Tom Steyer: ‘You Bought Your Way’ Onto Debate Stage2020 Democratic presidential candidate Tom Steyer got a warm welcome from every co-host of The View except one on Friday morning. “Mr. Steyer, between you and Mayor Bloomberg, you have now spent $200 million on political ads,” Meghan McCain told their guest. “It hasn't really helped you very much in the polls, but you did make it to the next debate stage. I think you bought your way there, and I don't think it's fair that you’re there and Cory Booker isn't. Change my mind.” After letting out an uncomfortable chuckle, Steyer skirted the question by touting his message about a “broken” government “bought by corporations.” When the candidate pointed out that he has been spending time in the early primary states—unlike that other billionaire—McCain shot back, “Cory Booker has too, who doesn't have $200 million.” “I’m talking about breaking a corporate stranglehold on our government that is preventing it from acting on anything,” Steyer said. “And no one can say that I have been purchased, but I also have 10 years of putting together coalitions like the people in this audience to stand up for our rights and to take on unchecked corporate power that has bought our government.” “But it’s good you have $100 million to buy Facebook ads to get you on a debate stage,” McCain said, interrupting him. “I’m completely unconvinced by this, but we can move on.” Later in the segment, after Steyer vowed to help elect whoever the Democratic nominee ends up being and reminded the hosts that he started “one of the biggest grassroots organizations in the United States,” McCain came back with, “That doesn’t make you a good politician, with all due respect.” “Mayor Bloomberg was mayor for three terms, and so if you’re going to go the billionaire route,” she continued, with a dramatic eye roll, “he's a lot more compelling than you are.” Meghan McCain: Greta Thunberg Didn’t ‘Earn’ Person of the YearRead more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.


Heavy, gusty storms to rattle Florida, Georgia into Friday night  » 
13 Dec 2019, 17:21

Heavy, gusty storms to rattle Florida, Georgia into Friday nightWhile an outbreak of severe weather is not anticipated, storms capable of producing strong gusts and flash flooding will pester parts of the southeastern United States into Friday night.The thunderstorms are part of a large and strengthening storm that is producing an expanding swath of heavy rain in the eastern third of the nation. The risk is greatest from the central part of the Florida Peninsula to southeastern Georgia and the immediate coast of South Carolina. The risk also extends westward over part of the Florida Panhandle as well.People in this area should keep an eye on the weather. Heavy, gusty thunderstorms can briefly become severe with high winds, small hail and perhaps an isolated tornado. A satellite image showing precipitation over the southeastern U.S. on Friday, December 13, 2019, around midday. (AccuWeather) What adds to the threat is the likelihood of storms developing after dark Friday.By Saturday, dry air is forecast to sweep from west to east across the region and end the thunderstorm threat.Download the free AccuWeather app to check the forecast in your area. Keep checking back on AccuWeather.com and stay tuned to the AccuWeather Network on DirecTV, Frontier and Verizon Fios.


The US and NATO are preparing for Russia to go after troops in the field and at home  » 
13 Dec 2019, 15:43

The US and NATO are preparing for Russia to go after troops in the field and at homeNATO is designed for air, land, sea, space, and cyberspace operations, but on the fringes of those, hybrid activity poses a new kind of challenge.


Russia said it was alarmed after the U.S. tested a ground-launched ballistic missile  » 
13 Dec 2019, 15:16

Russia said it was alarmed after the U.S. tested a ground-launched ballistic missileRussia said on Friday it was alarmed after the United States tested a ground-launched ballistic missile that would have been banned under the Intermediate-Range Nuclear Forces Treaty, the RIA news agency reported.


Pirates release three oil tanker crew kidnapped off Togo  » 
13 Dec 2019, 13:44

Pirates release three oil tanker crew kidnapped off TogoA fourth hostage, a Filipino, died from illness during captivity, European Products Carriers Ltd added.


Death toll in aircraft carrier fire in Russia rises to 2  » 
13 Dec 2019, 13:35

Death toll in aircraft carrier fire in Russia rises to 2A crew member who went missing during a fire on Russia's only aircraft carrier was found dead Friday, raising the death toll from the blaze to two, the nation's military officials said Friday. The fire on the Admiral Kuznetsov broke out during welding work at a shipyard in the Arctic port of Murmansk on Thursday and spread quickly through the carrier's internal compartments. The military reported two crew members dead, and authorities in Murmansk said 11 other people were injured.


Stomach flu outbreak terrorizes school in Washington state, sickening over 100 students, staff  » 
13 Dec 2019, 12:31

Stomach flu outbreak terrorizes school in Washington state, sickening over 100 students, staffA number of schools from Seattle Public Schools and Vancouver Public Schools were forced to close to disinfect and clean because of the outbreak.


Turkey adds former Palestinian politician Dahlan to most wanted list  » 
13 Dec 2019, 12:26

Turkey adds former Palestinian politician Dahlan to most wanted listTurkey has added exiled Palestinian politician Mohammed Dahlan to its "red list" of most-wanted terrorism suspects, offering a reward of up to 10 million lira ($1.75 million) for information leading to his capture, the Interior Ministry said on Friday. Arrest warrants have been issued for Dahlan on accusations of playing a role in the 2016 attempted coup in Turkey, seeking to change the constitutional order by force, and various spying-related charges, the ministry said in a statement. Dahlan has also recently been an outspoken critic of Turkish President Tayyip Erdogan.


Revolution 101: For hardened teens of Hong Kong protests, violence is one way forward  » 
13 Dec 2019, 12:03

Revolution 101: For hardened teens of Hong Kong protests, violence is one way forwardFiona's rebellion against the People's Republic of China began slowly in the summer months, spreading across her 16-year-old life like a fever dream. With each slap up against the police, each scramble down the subway stairs to avoid arrest as tear gas ate at their eyes, they hardened.


Man dresses as mother to take driving test after she failed three times  » 
13 Dec 2019, 11:23

Man dresses as mother to take driving test after she failed three timesA man has been arrested for attempting to take a driving test on his mother’s behalf – by dressing like her in a bold attempt to fool examiners.Heitor Márcio Schiave, 43, wore a stuffed bra, floral top, long skirt, earrings, and a handbag to impersonate his mother at the State Department of Traffic in Novo Mutum Parana, in the Brazilian Amazon.


5 things Republicans tried to change in the impeachment articles against Trump  » 
13 Dec 2019, 10:00

5 things Republicans tried to change in the impeachment articles against TrumpIncluded in the amendments proposed by Republican members of the Judiciary Committee were efforts to remove both articles of impeachment altogether.


Italy Government Braces for Upheaval After Five Star Defections  » 
13 Dec 2019, 9:21

Italy Government Braces for Upheaval After Five Star Defections(Bloomberg) -- Italy’s ruling coalition, rocked by the defection of three senators, prepared for a period of heightened instability as some lawmakers warned that more exits could be coming.A day after Senators Francesco Urraro, Stefano Lucidi and Ugo Grassi left the Five Star Movement to join the opposition League party, Lucidi warned that another “20-30 people will leave” Five Star’s delegation in the two houses of parliament, possibly to form a new political group, in comments reported by Corriere della Sera.The defections leave Prime Minister Giuseppe Conte’s Five Star-Democratic Party coalition with a razor-thin majority in the upper house, although senators from other parties as well as independent lawmakers could continue to support the government.Conte doesn’t expect any further lawmakers to leave the coalition, the premier said in Brussels Friday. “Everyone who wants to work with us can do so until 2023,” he added.With the state budget for 2020 due for parliamentary approval by the end of the year, Conte’s challenge will be to hammer out a government agenda in January, in a bid to lock in the coalition’s divided partners on a raft of future policy measures.While the defections complicate the parliamentary math for Conte, his problems don’t end there. Lawmakers from both Five Star and the Democrats suspect that League leader Matteo Salvini has struck a deal with ex-premier Matteo Renzi, who leads a small party within the coalition, to bring the government down and force early elections, daily la Repubblica reported Friday.To contact the reporters on this story: Jerrold Colten in Milan at jcolten@bloomberg.net;John Follain in Rome at jfollain2@bloomberg.netTo contact the editors responsible for this story: Chad Thomas at cthomas16@bloomberg.net, Marco Bertacche, Karl MaierFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


Taiwan Still Has a Giant World War II-Era Artillery Gun (Pointed at China)  » 
13 Dec 2019, 8:49

Taiwan Still Has a Giant World War II-Era Artillery Gun (Pointed at China)Could it fight?


German Industry Slump Set to Cast Shadow on Economy Through 2020  » 
13 Dec 2019, 8:10

German Industry Slump Set to Cast Shadow on Economy Through 2020(Bloomberg) -- Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.Germany’s worst manufacturing downturn in a decade is set to drag on economic growth at least through 2020 as domestic demand will increasingly be hurt by a weakening labor market, according to the latest projections by the country’s central bank.The Bundesbank cut next year’s GDP forecast for Europe’s largest economy in half. While exports should start to recover in the course of the year, bolstering industrial production, consumer spending is seen slowing. The projections show momentum will pick up in the following two years.Bundesbank President Jens Weidmann said the recovery will ultimately be carried by supportive fiscal policy and the European Central Bank’s ultra-expansionary monetary policy, but pointed to continued downside risks. “There are still external danger zones, which could aggravate and lengthen the downturn in industry,” he said.Germany and the wider euro region have seen growth suffer amid a host of uncertainties including trade tensions between the U.S. and China, and the U.K.’s planned exit from the European Union. The forecasts offer a first glimpse of Germany’s economy in 2022 and the one that will likely be inherited by its next government, and come one day after the ECB confirmed it will maintain its accommodative stimulus stance.ECB President Christine Lagarde, who held her first press conference in that capacity on Thursday, said downside risks have become “somewhat less pronounced.” Trade talks have shown some signs of improvement and Germany dodged a recession in the third quarter.At the same time, data from the country’s manufacturing sector has yet to demonstrate a pickup after months of deterioration. A slump in factory orders and industrial production unexpectedly deepened in October, figures last week showed.Inflation is seen gradually accelerating across the projection horizon, in part because of higher energy costs related to the government’s measures to fight climate change. The Bundesbank predicts consumer-price growth of 1.9% in 2022 -- the rate the ECB aims to achieve for the euro area as a whole.To contact the reporter on this story: Carolynn Look in Frankfurt at clook4@bloomberg.netTo contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Jana RandowFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


How North Korea Could Start a War: Test a Nuclear Weapon in the Atmosphere  » 
13 Dec 2019, 8:04

How North Korea Could Start a War: Test a Nuclear Weapon in the AtmosphereAh, yes, the infamous 'Juche Bird'.


Jamal Khashoggi: US spy chief given deadline to name Saudi writer's killers  » 
13 Dec 2019, 7:30

Jamal Khashoggi: US spy chief given deadline to name Saudi writer's killers* Trump ally Crown Prince Mohammed bin Salman accused * Congress gives intelligence chief 30 days to assign responsibilityUS intelligence agencies will be given a month to make a formal declaration on whether the Saudi crown prince, Mohammed bin Salman, was responsible for the murder of the Saudi dissident and Washington Post columnist, Jamal Khashoggi.The annual military spending bill, known as the National Defense Authorization Act (NDAA), was passed by a large majority in the House of Representatives on Wednesday and is expected to be approved by the Senate next week before being signed into law by Donald Trump.In negotiations before the NDAA’s passage, sections stipulating that Khashoggi’s murderers be subject to punitive measures were stripped from the bill, on the insistence of the White House – as were clauses that would have cut US support for the Saudi war in Yemen.According to the New York Times, the president’s son-in-law, Jared Kushner, took a leading role in negotiations on behalf of the White House, and was insistent that the punitive clauses on Saudi Arabia should be removed.But the final version of the bill retained language requiring the director of national intelligence (DNI) to present a formal determination within 30 days on who was responsible for the murder and dismemberment of Khashoggi in the Saudi consulate in Istanbul in October last year.In April, the US barred entry to 16 Saudis for their role in the murder plot, including one of the crown prince’s closest aides, Saud al-Qahtani. This week, the state department added the former Saudi consul general in Istanbul, Mohammed al-Otaibi.In a closed-door briefing in December 2018, the CIA director, Gina Haspel, told senators that the agency was convinced the murder had been ordered by the crown prince (colloquially known by his initials MBS).“We know that the intelligence community has assessed with high confidence that MBS bears at least some responsibility for Khashoggi’s murder and the cover-up that has followed,” Tom Malinowski, the Democratic congressman from New Jersey who drafted the Saudi human rights accountability legislation, told the Guardian. “So if they answer the question, honestly, MBS will be on the list.”The congressional demand for a formal declaration, will be a test of the independence of the office of the DNI, since the ousting of Dan Coats from the post in the summer. His former deputy, Joseph Maguire, has been acting in the position since August.“I wouldn’t be surprised if the White House put some pressure on the director of national intelligence to come to a different conclusion,” Malinowski said. “So we’ll be watching this with great interest. We do have the advantage of knowing in advance what the intelligence community thinks because they’ve already told us in a classified setting. So it will be quite striking if they tell us something that is different in response to this.”Bruce Riedel, a former senior CIA officer and Saudi expert, said that Haspel is likely to have given the agency’s assessment of Prince Mohammed’s role in the Khashoggi murder in verbal form to the Senate, leaving the intelligence community enough wiggle room to hand over a list of the names of suspects the US has already named, excluding the crown prince.“I’m doubtful [the CIA assessment] was conveyed in a written product. More likely it was in answer to questions,” Riedel said. He added that obscuring the crown prince’s involvement “is going to be a tight line to run, but no doubt this administration will run it”.He said that the White House would have found it more “problematic” to convince Coats to issue a determination to Trump’s liking.“The acting DNI is a fine person, but he’s not going to fall on his sword, nor is the director of central intelligence,” Riedel said.


Britain’s Political Map Changes Color in Ways Few Could Imagine  » 
13 Dec 2019, 7:24

Britain’s Political Map Changes Color in Ways Few Could Imagine(Bloomberg) -- Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.Towns in northern England share a history of mining, faded industry and neglect. For generations they also had another thing in common: staunch support for the Labour Party.From Workington on the west coast to Bishop Auckland and Blyth on the east, the dominoes fell as the results from the U.K. election rolled in through the small hours of Friday morning. The U.K.’s tortured efforts to leave the European Union redefined political tribes as Prime Minister Boris Johnson’s Conservatives took seats his party has never held before.Johnson declared the victory as “historic.” That will be even more apparent in places where most voters have never known a Conservative lawmaker.Workington, where mines and steelworks shut years ago, last voted Conservative in 1976. Back then Britain was in the grip of an economic crisis. It turned back to the red of Labour three years later. On Thursday it voted Conservative by a margin of 10 percentage points.Bishop Auckland, in the mining area south of Newcastle, had never turned Tory blue in more than a century. Elsewhere, Bassetlaw in Nottinghamshire elected a Conservative for the first time since the 1930s, as did swathes of the Midlands and Yorkshire. Labour’s so-called “Red Wall” had fallen.Many of these former mining and steel towns endured mass unemployment under the Conservative governments of the 1980s. They then voted for Brexit in the 2016 referendum amid a wave of anger at austerity, frustration over immigration and dismay at joblessness and lack of opportunity. Today, they are embracing the Tories in their determination to finally quit the EU. Backing for Brexit also comes with a rejection of the socialist promises of Labour leader Jeremy Corbyn, who now says he will step down.In Scotland, Labour’s vote had already collapsed in the wake of the independence referendum in 2014. This time around the pro-independence Scottish National Party took the vast majority of districts again, even in some of the post-industrial regions that Labour had won back in 2017.In that election, the Conservatives planted a giant poster on a dilapidated building near the seafront in Redcar, a town in England’s northeast haunted by steelworks that finally collapsed a few years ago. The Tories had never won in Redcar, and failed in 2017 as well. But as people demanded their voice be heard over Brexit, the voters of Redcar did in 2019 as so many did across the north of England: They abandoned Labour -- and embraced Boris Johnson.To contact the reporter on this story: Rodney Jefferson in Edinburgh at r.jefferson@bloomberg.netTo contact the editors responsible for this story: Heather Harris at hharris5@bloomberg.net, Adam Blenford, Alan CrawfordFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


As California thins forests to limit fire risk, some resist  » 
13 Dec 2019, 6:39

As California thins forests to limit fire risk, some resistBuzzing chainsaws are interrupted by the frequent crash of breaking branches as crews fell towering trees and clear tangled brush in the densely forested Santa Cruz Mountains south of San Francisco. With California’s increasingly warm, dry and overgrown landscape, wildfire has become a perpetual danger. State lawmakers committed more than $200 million annually to fire prevention efforts and Gov. Gavin Newsom wants to spend even more, motivated by infernos such as one last year that killed 85 people in Paradise, California, some who died in their cars while trying to flee.


'Let me explain it to you: wars, people die': Republican lawmaker fires back at Democrat after being accused of downplaying Ukrainian deaths  » 
13 Dec 2019, 6:31

'Let me explain it to you: wars, people die': Republican lawmaker fires back at Democrat after being accused of downplaying Ukrainian deaths"That's the most ridiculous comment, and there's been a lot of them here," Collins said. A nearby Republican lawmaker replied: "You got that right."


In 2030, What Countries Will Have the Most Power Airforces?  » 
13 Dec 2019, 2:30

In 2030, What Countries Will Have the Most Power Airforces?We can tell you.


Senior China diplomat says U.S. seriously damaged hard-won mutual trust  » 
13 Dec 2019, 2:11

Senior China diplomat says U.S. seriously damaged hard-won mutual trustSenior Chinese diplomat Wang Yi said on Friday that the United States had seriously damaged the hard-won mutual trust between the countries by criticizing Beijing over issues such as Hong Kong and the treatment of Muslim Uighurs. "Such behavior is almost paranoid, and is indeed rare in international exchanges, seriously damaging the hard-won foundation of mutual trust between China and the United States, and seriously weakening the United States' international credibility," said State Councillor Wang.


Washington state seeks to ban sale of 'assault weapons,' high capacity magazines  » 
13 Dec 2019, 0:46

Washington state seeks to ban sale of 'assault weapons,' high capacity magazinesIf successful, Washington would become the seventh U.S. state to ban assault weapons, which it defines as semi-automatic rifles with at least one military feature, and the ninth to limit the capacity of ammunition magazines. "We should be making it harder for those who want to inflict mass violence and destruction upon innocent people," Governor Jay Inslee said in announcing the gun-control push.


Jersey City shooter was Army veteran with a lengthy criminal history  » 
12 Dec 2019, 23:36

Jersey City shooter was Army veteran with a lengthy criminal historyDavid Anderson, was arrested at least five times since 2003, the year he was discharged from the Army, records show.


Republican congressman publicly identifies purported whistleblower  » 
12 Dec 2019, 22:52

Republican congressman publicly identifies purported whistleblowerOn Wednesday, Rep. Louie Gohmert publicly named a person some Republicans and allies of President Trump claim is the alleged whistleblower who first brought the Trump-Ukraine scandal to light.


Russia Got Its Hands On A U.S. Tomahawk Missile In Syria (And Plans To Counter Them)  » 
12 Dec 2019, 22:00

Russia Got Its Hands On A U.S. Tomahawk Missile In Syria (And Plans To Counter Them)Sometimes missiles fail to explode.


George P. Bush says GOP can't let 'racist' episodes slide  » 
12 Dec 2019, 21:28

George P. Bush says GOP can't let 'racist' episodes slideRepublican George P. Bush, the only member of the Bush dynasty still in public office, condemned Thursday recurring episodes of what he described as racist or hateful rhetoric within the Texas GOP, and ripped what he called false accusations fanned by his Hispanic heritage. Bush, Texas' land commissioner, first denounced a white GOP state legislator who suggested “Asian" challengers on the ballot in 2020 were motivated by race.


Catholic dioceses spar over Archbishop Sheen sainthood  » 
12 Dec 2019, 20:34

Catholic dioceses spar over Archbishop Sheen sainthoodIn an unusual public spat, the Roman Catholic diocese of Peoria, Illinois, is accusing the Rochester, New York, diocese of trying to “sabotage” the beatification of Archbishop Fulton Sheen. Sheen, who before his death in 1979 was famous for his radio and TV preaching, had been scheduled to be beatified — the last step before sainthood — in a ceremony in Peoria on Dec. 21.


For Gaetz to raise Hunter Biden's substance abuse is 'the pot calling the kettle black,' Johnson says  » 
12 Dec 2019, 18:54

For Gaetz to raise Hunter Biden's substance abuse is 'the pot calling the kettle black,' Johnson saysThe House Judiciary Committee debate over articles of impeachment against President Trump took an ugly turn Thursday when Rep. Matt Gaetz, R-Fla., brought up Hunter Biden’s past drug use.


Scandinavian woman 'forced to withdraw rape claim' in case similar to British teen's Cyprus ordeal  » 
12 Dec 2019, 17:40

Scandinavian woman 'forced to withdraw rape claim' in case similar to British teen's Cyprus ordealA Scandinavian woman says she was forced by Cypriot police to withdraw a rape claim or face arrest, in a striking parallel to the case of a British teenager who was allegedly gang raped on the Mediterranean island. The Scandinavian woman said police officers questioned her aggressively for several hours after she was raped by two men outside a nightclub. The officers accused her of lying and said that if she did not withdraw the rape claim they would arrest her and send her to prison. Her account bears striking similarities to the alleged treatment of a British teenager who is on trial in Cyprus, accused of concocting a claim of gang rape by Israeli tourists in the resort town of Ayia Napa. She made the initial complaint in July but 10 days later, after being questioned without a lawyer for eight hours in a police station, signed a retraction statement. The alleged gang rape of the British teenager happened in the resort of Ayia Napa Credit: AFP On trial for public mischief, she faces up to a year in prison and a fine of €1,700 if found guilty. She has pleaded not guilty. The judge in the case is expected to hand down his verdict on December 30. The 19-year-old British woman, who cannot be named for legal reasons, has told the trial that officers threatened to arrest her and her friends unless she retracted the claims of being gang raped by a group of young Israeli men. After reading about the Ayia Napa case, the Scandinavian woman decided to come forward with her account of similar treatment at the hands of the Cypriot police 20 years ago. It is the first time she has spoken publicly of the assault and has previously only discussed it with her doctor and her husband. Now aged 43, she was 21 when she met the men in a nightclub in Nicosia, the capital of Cyprus, in January 1998. They offered to give her a lift to her hotel. Instead, they raped her in a car park. “I fought for my life and thought I was going to die,” she told The Telegraph. She went to the nearest police station to report the rape and was taken to a hospital for an examination. She was then taken to a police station for questioning. “The main investigator was extremely brutal and aggressive. I was in big shock so I had some difficulties remembering details. “This made him very angry. He then started accusing me of making the whole story up to receive money from my insurance company.” The same allegation was made by in court by Cypriot police against the British woman. Both alleged victims said they were mystified by the accusation because they did not think that holiday insurance covered rape and had no intention of claiming any financial compensation. “I was very afraid and felt trapped in the room with them. They treated me as a big criminal. They kept me in the police station for many hours. They told me that if I didn’t withdraw the rape allegation they would arrest me and send me to prison. So I did and they let me go,” said the Scandinavian woman, who asked to remain anonymous. She said she was still deeply affected by the ordeal and had been diagnosed with post-traumatic stress disorder – just like the British teenager who is on trial. “The treatment I received from police was terrible,” she said. Michael Polak, a British lawyer representing the teenager in the trial Credit: AFP Michael Polak, a British lawyer representing the British woman, told The Telegraph: “This case bears remarkable similarities to the teenager’s case. It raises serious questions about the investigation of rape in Cyprus and the treatment of rape complainants there.” In a report in 1998, a Norwegian newspaper claimed that police on the island routinely dismissed rape claims, treating the victims as liars. The report quoted a Norwegian tour operator who said that “police never take rape claims seriously. All such claims are treated as false.” “Police have a theory that tourists make such allegations so they can claim expenses for their holiday,” the report said. A senior Cyprus police officer was quoted as saying: "Why rape when it's so easy to find somebody to have sex with?" At a hearing on Thursday, a Cypriot defence lawyer denied that the teenager had made up the rape complaint. Ritsa Pekri criticised police for failing to download all the social media messages sent by the Israeli men on their mobile phones and said officers failed to secure the crime scene properly. The prosecution had failed to prove beyond reasonable doubt that there had been no rape, Ms Pekri said, calling on the court to acquit the woman. But Adamos Demosthenous, the prosecutor, insisted the British girl had accused the Israelis of raping her because she felt humiliated and ashamed after learning that she had been filmed while having sex with one of them. He called on the judge to convict her.


Some 1,100 car shoppers said they'd rather buy an electric pickup truck from Ford or GM than Tesla's Cybertruck — but there's a silver lining for Tesla in the survey  » 
12 Dec 2019, 17:35

Some 1,100 car shoppers said they'd rather buy an electric pickup truck from Ford or GM than Tesla's Cybertruck — but there's a silver lining for Tesla in the surveyTesla's Cybertruck may have a hard time converting Ford F-150 and Chevrolet Silverado owners, but it might open up a new segment of the pickup market.


The real story behind a charred Iraqi shrine: Resentment of Iran  » 
12 Dec 2019, 17:18

The real story behind a charred Iraqi shrine: Resentment of IranIs Iran’s power waning in Iraq? Popular resentment toward Iranian overreach is growing, as the violence at a Najaf shrine showed.


Eagle v octopus: Canadians rescue bird locked in battle with giant mollusc  » 
12 Dec 2019, 17:17

Eagle v octopus: Canadians rescue bird locked in battle with giant molluscEmployees at a fish farm in Vancouver intervened when an eagle tried to eat a large octopus, resulting in a battleA bald eagle on Canada’s west coast has learned that its eyes may be bigger than its stomach after it was nearly drowned by an octopus it tried to eat.After hearing shrieks coming from the water on the north-western tip of Vancouver Island, employees at a fish farm investigating the noises happened upon a bird and cephalopod locked in battle.The octopus, which had turned a deep crimson, had wound its tentacles tightly around the eagle, which was floating helplessly at the surface.“At first we just watched and we didn’t know if we should interfere because, you know, it’s Mother Nature,” said John Ilett, an employee at Mowi West Canada, told CTV News.But realizing the eagle was likely to drown, the crew ultimately decided to intervene.Ilett maneuvered a pike pole in the water to pull the octopus over to the boat. The crew managed to haul both aboard, disentangling the bird from the strong tentacles, before tossing the octopus back into the water.“That was amazing. Look at the size of this [expletive],” said one worker as the octopus hovered briefly at the surface.“Holy [expletive],” another worker adds as the crew laughs in disbelief.Workers said the octopus was the largest theyhad ever encountered, and probably measured more than four and a half feet across.But much larger individuals lurk in the deeps: octopuses in the region – including the giant Pacific octopus – can grow to more than 25ft in diameter.After the eagle was pried from its grasp, the octopus dove back into the depths, its colours subtly shifting from reddish to brown.The shaken eagle perched warily on a nearby log before flying off.“It was a very cool situation,” said Ilett. “I’ve been out here 20 years and that’s one of the coolest things I’ve ever seen.”


Denmark to send frigate to European-led mission in Gulf  » 
12 Dec 2019, 16:07

Denmark to send frigate to European-led mission in GulfDenmark said on Thursday that it will send a frigate with a crew of about 155 and a helicopter to a European-led military mission aimed at monitoring shipping lanes in the Persian Gulf. The mission was put together after Iran seized a British oil tanker in the Strait of Hormuz in July. Danish Foreign Minister Jeppe Kofod said that his country has a “special interest” in protecting maritime security in the Strait of Hormuz, as it has a large merchant fleet.


Ocasio-Cortez condemns 'white supremacist sympathizer' Tucker Carlson  » 
12 Dec 2019, 16:04

Ocasio-Cortez condemns 'white supremacist sympathizer' Tucker CarlsonTop Democrat says host’s Fox News show an ‘hour-long production of unmitigated racism’ after racist and xenophobic debateDemocratic congresswoman Alexandria Ocasio-Cortez has condemned Fox News and Tucker Carlson, calling the TV host a “white supremacist sympathizer” and saying his show represents an “hour-long production of unmitigated racism”.The comments came following a segment on Carlson’s show in which he and his guest, City Journal editor Seth Barron, commented on footage of an unremarkable amount of trash on the streets of Ocasio-Cortez’s New York City district and blamed it on immigrants, whom Barron said had “occupied” the district and made it “one of the least American districts in the country”.Carlson asked: “How can we take seriously anything she says about the environment when this is her congressional district? She should be ashamed of this.”Using racist and xenophobic tropes, Barron responded that “her district is actually one of the least American districts in the country, and by that, I don’t mean that it’s not part of America, but it’s occupied by relatively few American citizens.”He went on: “The way they inhabit housing there is such that they live in a lot of illegal spaces like basements, and many people live there, so they wind up producing a lot of garbage that the landlords don’t want thrown out normally. Hence, you wind up with a lot of garbage on the streets. You have illegal food vendors pouring their pig grease in the gutters.”It was unclear where he was getting this information from.Carlson and his guests, much like the president, frequently imply that immigrants are making the country “poorer and dirtier”.Carlson has called the idea of white supremacy in America a hoax.On Wednesday night on Twitter, Ocasio-Cortez shared video of the segment and wrote: “I go back and forth on whether to go on Fox News.”She said: “The main reason I haven’t is squaring the fact that the ad revenue from it bankrolls a white supremacist sympathizer to broadcast an hour-long production of unmitigated racism, without any accountability whatsoever.”She added: “‘Immigrants are dirty’ is a lazy, tired, racist trope.”Barron later apologized on Twitter, saying he had not done “justice to a complicated issue” of crowded housing conditions.


Nearly 20% of workers illegally fired for union activity: report  » 
12 Dec 2019, 15:43

Nearly 20% of workers illegally fired for union activity: reportA new report highlights that anti-union activities are on the rise.


Chile: Plane that vanished en route to Antarctica found  » 
12 Dec 2019, 15:37

Chile: Plane that vanished en route to Antarctica foundSearchers combing Antarctic seas have recovered parts of a military transport plane and human remains belonging to some of the 38 people aboard who vanished en route to the frozen continent, Chilean officials said Thursday. Air Force Gen. Arturo Merino said at a news conference that based on the condition of the remains, he believed it would be “practically impossible” that any survivors would be pulled from the water alive. An international team of searchers continued the hunt, while officials on shore said they would use DNA analysis to identify the crash victims.


Taliban fighters hit with a series of airstrikes after failed attempt to breach Bagram Air Base  » 
12 Dec 2019, 14:38

Taliban fighters hit with a series of airstrikes after failed attempt to breach Bagram Air BaseA series of airstrikes were called in following a failed attempt by the Taliban to breach Bagram Air Base, Afghanistan, on Wednesday, according to a Resolute Support spokesman.


The 25 Best Adventure Games  » 
12 Dec 2019, 14:00

The 25 Best Adventure Games


Inside the Assassination of Imperial Japanese Admiral Yamamoto  » 
12 Dec 2019, 13:00

Inside the Assassination of Imperial Japanese Admiral YamamotoA daring tale.


South Africa’s Worst Polluter Eskom Wants Emission Exemptions  » 
12 Dec 2019, 8:28

South Africa’s Worst Polluter Eskom Wants Emission Exemptions(Bloomberg) -- Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterEskom Holdings SOC Ltd., South Africa’s biggest polluter, has asked for additional emission exemptions at two of its biggest plants, a request that will increase environmental protests against the state-owned utility at a time when it’s already being slammed for rolling power cuts.Eskom, which is struggling to meets its costs and has 454 billion rand ($31 billion) in debt, has applied to the environment ministry to delay complying with sulfur dioxide emission limits at its Medupi coal-fired plant by five years. It’s also seeking permission not to install emission reduction equipment at its Matimba plant at all, saying it’s not cost-effective.Emissions of particulate matter, which cause respiratory disease, are already at a 20-year high since equipment at the utility’s Kendal plant was damaged during a strike. While independent studies allege that Eskom’s pollution kills about 2,000 people a year, the company puts the number at 320. Environmentalists have taken the government to court over its failure to rein in emissions from the utility.“The exemptions sought by Eskom for just these two power plants would cause an estimated 6,000 to 12,000 premature deaths over the remaining life of the plants, a health burden and economic burden that far exceeds the costs of the equipment required to comply with the standards,” said Finland-based Lauri Myllyvirta, lead analyst for the Centre for Research on Energy and Clean Air.Acid RainIn addition to respiratory problems, sulfur dioxide has been linked to low birth weight and causes acid rain.With a combined capacity of more than 8,700 megawatts, or about a fifth of current total capacity, Medupi and Matimba are crucial to Eskom. The company operates 15 coal-fired plants, with many of them nearing their de-commissioning dates. As a result of that and inadequate maintenance, South Africa has this week been hit by record power cuts that have prompted public anger and an apology from President Cyril Ramaphosa.The Centre for Environmental Rights says Eskom’s applications are illegal as these had to be made by the end of March 2019.“This is Eskom’s fifth application to delay compliance with national air pollution laws that primarily exist to protect people’s health, children in particular,” said Timothy Lloyd, an attorney at the Centre for Environmental Rights. “We dispute the lawfulness of this belated application for weaker emission limits.”While Eskom planned to cut sulfur dioxide emissions at its 228-billion-rand Medupi plant from 2025, it’s now asked the ministry to postpone that to 2030. Installation at Medupi of flue-gas desulfurization equipment, which reduces sulfur-dioxide emissions, at a cost of 38 billion rand has yet to begin and will only be completed by 2030, said Bryan McCourt, the manager of Eskom’s Air Quality Centre of Excellence.Air QualityThe delays are due to issues with construction and project management, he said. Medupi was initially scheduled to be completed by 2015 at about at third of its current projected cost of about $15 billion. In its application, Eskom also seeks exemptions on emissions of nitrogen dioxide and particulate matter at Matimba, citing a lack of money and water availability issues. McCourt said fitting Matimba with a flue-gas desulfurization plant wouldn’t considerably improve air quality.Instead of complying with the government’s planned limit of 1,000 milligrams of the pollutant per normal cubic meter, already double an earlier plan and significantly higher than limits in India and China, Eskom wants to increase its current limit of 3,500 milligrams per normal cubic meter at Medupi to 4,000 milligrams. At Matimba, it wants a limit of 4,000 milligrams at a plant that’s scheduled to close between 2038 and 2042. The exemption would last until decommissioning.If the permission is not granted the plants could be forced to close, according to regulations.McCourt said Eskom got permission from the ministry to submit the application by the end of November. Albi Modise, a spokesman for the ministry, didn’t answer a call to his mobile phone.In addition to sulfur dioxide, nitrogen dioxide and particulate matter, Eskom accounts for about two-fifths of South Africa’s greenhouse gas emissions. South African is the world’s 14th largest emitter of the gases, matching the U.K., which has an economy eight times the size.(Adds Medupi cost in 10th paragraph)\--With assistance from Hilton Shone.To contact the reporter on this story: Antony Sguazzin in Johannesburg at asguazzin@bloomberg.netTo contact the editors responsible for this story: John McCorry at jmccorry@bloomberg.net, Pauline Bax, Hilton ShoneFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


Taiwan Probes Security Lapse Allowing Chinese to Enter Illegally  » 
12 Dec 2019, 3:53

Taiwan Probes Security Lapse Allowing Chinese to Enter Illegally(Bloomberg) -- Taiwanese authorities believe thousands of mainland Chinese, including government officials, may have illegally entered Taiwan over the past two years, highlighting a security risk to the island ahead of a national election.More than 5,000 Chinese citizens are suspected of entering Taiwan illegally between 2017 and 2019, Taipei District Prosecutors Office spokeswoman Chen Yu-ping said by phone. Many of the arrivals are believed to have been government officials, according to the Taipei-based Central News Agency.Taiwanese prosecutors are now investigating 20 travel agencies and 10 civic associations for assisting Chinese nationals to travel to Taiwan under false pretenses, CNA reported Wednesday.The travel agencies were suspected of passing the personal details of prospective mainland visitors along to local associations, who in turn issue invitations allowing visitors to secure travel permits from Taiwan’s immigration authorities.The investigation into the possible national security lapse comes a month before Taiwanese voters head to the polls to elect their president. President Tsai Ing-wen, who has received a boost in the polls amid anti-China protests in Hong Kong, is up against Han Kuo-yu, of the more Beijing-friendly Kuomintang, in January’s vote.Since Tsai came to power in 2016, Beijing has ratcheted up the diplomatic and military pressure on Taiwan in an attempt to force her to accept its negotiating framework that both sides are part of “one China.” Tsai, whose Democratic Progressive Party supports independence, has refused to do so.To contact the reporters on this story: Samson Ellis in Taipei at sellis29@bloomberg.net;Adela Lin in Taipei at alin95@bloomberg.netTo contact the editors responsible for this story: Brendan Scott at bscott66@bloomberg.net, Iain MarlowFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


Business

US Supreme Court to hear Trump tax return cases next year  » 
14 Dec 2019, 1:36

US Supreme Court to hear Trump tax return cases next yearThe US Supreme Court agreed Friday to hear cases next year involving the release of President Donald Trump's tax returns and financial records, setting the stage for a potential blockbuster ruling during the presidential election campaign. Trump has been seeking to block access to his tax returns and other records in cases brought by New York prosecutors and Democratic-controlled committees in the House of Representatives. Lower courts have ruled that Trump must turn over the documents, but lawyers for the president appealed to the nation's highest court, arguing that as chief executive, he has blanket immunity.


How Does Jiande International Holdings's (HKG:865) P/E Compare To Its Industry, After Its Big Share Price Gain?  » 
14 Dec 2019, 1:20

How Does Jiande International Holdings's (HKG:865) P/E Compare To Its Industry, After Its Big Share Price Gain?Jiande International Holdings (HKG:865) shareholders are no doubt pleased to see that the share price has had a great...


Is Yongsheng Advanced Materials Company Limited's (HKG:3608) 6.7% ROE Worse Than Average?  » 
14 Dec 2019, 1:10

Is Yongsheng Advanced Materials Company Limited's (HKG:3608) 6.7% ROE Worse Than Average?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...


Does Angang Steel Company Limited (HKG:347) Have A Good P/E Ratio?  » 
14 Dec 2019, 1:02

Does Angang Steel Company Limited (HKG:347) Have A Good P/E Ratio?Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic...


AI IN TELECOMMUNICATIONS: Why carriers could lose out if they don't adopt AI fast — and where they can make the biggest gains  » 
14 Dec 2019, 1:00

AI IN TELECOMMUNICATIONS: Why carriers could lose out if they don't adopt AI fast — and where they can make the biggest gainsBusiness Insider Intelligence focuses on the use of AI to enhance the customer experience, which can directly impact revenue for telecom providers.


Here's What Legend Holdings Corporation's (HKG:3396) P/E Ratio Is Telling Us  » 
14 Dec 2019, 0:53

Here's What Legend Holdings Corporation's (HKG:3396) P/E Ratio Is Telling UsToday, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll show how you can...


How Does Edvance International Holdings's (HKG:8410) P/E Compare To Its Industry, After Its Big Share Price Gain?  » 
14 Dec 2019, 0:50

How Does Edvance International Holdings's (HKG:8410) P/E Compare To Its Industry, After Its Big Share Price Gain?It's really great to see that even after a strong run, Edvance International Holdings (HKG:8410) shares have been...


Investors Who Bought Tianjin Port Development Holdings (HKG:3382) Shares Five Years Ago Are Now Down 56%  » 
14 Dec 2019, 0:49

Investors Who Bought Tianjin Port Development Holdings (HKG:3382) Shares Five Years Ago Are Now Down 56%The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to...


Roto-Gro International (ASX:RGI) Will Have To Spend Its Cash Wisely  » 
14 Dec 2019, 0:37

Roto-Gro International (ASX:RGI) Will Have To Spend Its Cash WiselyEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...


Know These 3 Facts to Avoid Paying Half Your Retirement Income to the IRS - December 12, 2019 (Revised)  » 
14 Dec 2019, 0:28

Know These 3 Facts to Avoid Paying Half Your Retirement Income to the IRS - December 12, 2019 (Revised)Like many investors, you're likely aiming to build a comfortable nest egg to ensure a comfortable retirement. Make sure you know all about what financial planners dub the accumulation and distribution phases of retirement planning.


Genesco Fits 400 Children With New Footwear For The Holidays  » 
14 Dec 2019, 0:27

Genesco Fits 400 Children With New Footwear For The HolidaysNashville-based Genesco Inc. along with 250 company volunteers fit 400 students at Park Avenue Elementary with new shoes for the holidays. As part of the Company's 30th Annual "Cold Feet, Warm Shoes" community outreach event, Genesco volunteers set up a mock shoe store, fitted new shoes, gave away sweatshirts, socks and snacks to the students, providing a fun and empowering experience for local school children. The Company was joined by several Tennessee Titans for the fitting.


European stocks surge on Johnson election triumph, US trade deal  » 
14 Dec 2019, 0:25

European stocks surge on Johnson election triumph, US trade dealNew York (AFP) - London stocks and the British pound jumped Friday after an election triumph for Conservative Prime Minister Boris Johnson that analysts said will bring clarity to Brexit proceedings and unlock stronger economic growth.


Is Zhongmin Baihui Retail Group Ltd. (SGX:5SR) Struggling With Its 0.04% Return On Capital Employed?  » 
14 Dec 2019, 0:25

Is Zhongmin Baihui Retail Group Ltd. (SGX:5SR) Struggling With Its 0.04% Return On Capital Employed?Today we are going to look at Zhongmin Baihui Retail Group Ltd. (SGX:5SR) to see whether it might be an attractive...


Ukraine sees 'fair' US support on first visit  » 
14 Dec 2019, 0:24

Ukraine sees 'fair' US support on first visitUkraine's deputy prime minister voiced confidence Friday that the United States would be "fair" and maintain support, as Washington is engulfed by charges that President Donald Trump abused his power with Kiev. Deputy Prime Minister Dmytro Kuleba's comments came as he visited the US capital, the first senior Ukrainian official to do so since President Volodymyr Zelensky took office in May, although Zelensky met Trump in New York in September on the sidelines of the UN General Assembly. Kuleba, who met senior US officials but not top leaders, said he saw "no fundamental differences" with the United States on supporting Ukraine against Russian-backed separatists in a conflict that has claimed thousands of lives since 2014.


Supreme Court agrees to review Trump's efforts to keep his tax returns, financial records secret  » 
14 Dec 2019, 0:21

Supreme Court agrees to review Trump's efforts to keep his tax returns, financial records secretThe court represents Trump's last hope to protect the documents from being released by banks and accounting firms on the eve of the 2020 election.


Does Maanshan Iron & Steel's (HKG:323) Share Price Gain of 31% Match Its Business Performance?  » 
14 Dec 2019, 0:21

Does Maanshan Iron & Steel's (HKG:323) Share Price Gain of 31% Match Its Business Performance?By buying an index fund, investors can approximate the average market return. But if you choose individual stocks with...


A Rising Share Price Has Us Looking Closely At China Health Group Inc.'s (HKG:8225) P/E Ratio  » 
14 Dec 2019, 0:20

A Rising Share Price Has Us Looking Closely At China Health Group Inc.'s (HKG:8225) P/E RatioChina Health Group (HKG:8225) shares have had a really impressive month, gaining 42%, after some slippage. But...


FAIR Plan Asks Court to Stop Insurance Commissioner's Order that Would Increase Insurance Costs for Homeowners  » 
14 Dec 2019, 0:18

FAIR Plan Asks Court to Stop Insurance Commissioner's Order that Would Increase Insurance Costs for HomeownersThe FAIR Plan today filed a petition for a writ of mandate asking the Los Angeles Superior Court to direct California's Insurance Commissioner to annul, vacate, or withdraw Order No. 2019-2 issued by his office last month.


Bath & Body Works announces Saturday 'Body Care Day' sale: $4.95 personal-care products  » 
14 Dec 2019, 0:15

Bath & Body Works announces Saturday 'Body Care Day' sale: $4.95 personal-care productsThe one-day sale will be held December 14 and price all body care lines at $4.95, Bath & Body Works said in a Friday release.


3 Investing Facts About Required Minimum Distributions You Need to Know - December 12, 2019 (Revised)  » 
14 Dec 2019, 0:15

3 Investing Facts About Required Minimum Distributions You Need to Know - December 12, 2019 (Revised)Like many investors, you're likely aiming to build a comfortable nest egg to ensure a comfortable retirement. Make sure you know all about what financial planners dub the accumulation and distribution phases of retirement planning.


Thai Bank M&A Is About Coups and Condoms  » 
14 Dec 2019, 0:14

Thai Bank M&A Is About Coups and Condoms(Bloomberg Opinion) -- It’s only fitting that Thailand’s second-largest bank pipped a Japanese rival to buy a lender in Indonesia. The elixir of youth is a great attraction to those who no longer have it.Just like in Japan, the aging Thai population is propelling the economy into long-term stagnation, leaving the likes of Bangkok Bank Pcl with no choice except to seek their fortunes in younger societies bubbling over with credit demand at juicy yields. Hence, the $2.7 billion bid for 90% of Indonesia’s PT Bank Permata.At 1.8 times book value, the first major overseas acquisition by a Thai bank isn’t cheap. But the mid-tier Indonesian lender was a coveted asset. At one stage, Singapore’s Oversea-Chinese Banking Corp. had weighed a bid. Japan’s Sumitomo Mitsui Financial Group Inc. had also shown interest in buying out the existing owners, Standard Chartered Plc and PT Astra International. Since Astra is Toyota Motor Corp.’s Indonesian partner and controls half of the car market, it seemed logical that a Japanese institution would want to get into the driver’s seat at Permata, a specialist auto financier.But Bangkok Bank decided to open its checkbook. And why not? When local businesses have been steadily funneling capital out of the country, how long can banks stay put at home? Since 2010, Thai companies have led or taken part in $83 billion of overseas M&A, including 18 deals of $1 billion or more. Billionaire Dhanin Chearavanont’s Charoen Pokphand Group Co., and Thai Beverage Pcl of Charoen Sirivadhanabhakdi have been the heavy hitters, fighting to acquire assets in China, Vietnam, the U.S., and wherever they can find them.As I’ve noted before, Thailand’s per capita income is a fifth of South Korea’s, 73% less than Taiwan’s, and a third lower than Malaysia’s, but its outbound-to-inbound investment ratio of 1.9 is higher than all three. Thai demographics are also among the worst in the world. With a fertility rate of 1.5 live births per woman, far lower than the replacement rate of 2.1, it now appears that the small-family drive begun by activists like Mechai Viravaidya, known as Mr. Condom, in the 1970s, has worked a little too well: The 68 million population is expected to shrink by a third by the end of the century. Apart from population, the other big driver is politics. The Thai overseas M&A wave picked up momentum as democracy was snuffed out in 2014 by the second military coup in eight years. Since then, private investment in the domestic economy has ebbed and flowed with global demand. Last year was good; this year is bad. Elections in March returned Prayuth Chan-Ocha, the former general who led the junta, as prime minister. But with efforts under way to break up the country’s most vocal opposition party, there’s little optimism about resumption of a real democracy in the Southeast Asian country. Bangkok Bank shareholders are a little miffed about the overseas shopping expedition. Their dividend checks could be at risk. But the draw of a young market where large banks still earn a 15%-plus return on equity, the best in Asia, is compelling. Permata is not in the league of a PT Bank Rakyat Indonesia or a PT Bank Central Asia, but as Japanese lenders like Mitsubishi UFJ Financial Group Inc. know only too well, you try to get a foot in the door in Indonesia when it opens even a little.The pull of Indonesia adds to the push to expand beyond a moribund home market. Even with dirt-cheap money — Thai 10-year government bond yields of 1.6% are lower than even in the U.S. — loan growth in the domestic economy has collapsed to  3.8%. The prognosis isn’t cheery, either. A quarter of Thailand’s people will be over 60 by 2030. And unlike Japan, which managed to get rich before it got old, per capita national income of $6,600 last year is only half of the high-income threshold. Indonesia is an even lower $4,000, but there, the ratio of people 65 or older is half that of Thailand’s 12%.  Bangkok lenders have to seek out youth — from Indonesia to India and Bangladesh. Condoms and coups have left them with no choice. To contact the author of this story: Andy Mukherjee at amukherjee@bloomberg.netTo contact the editor responsible for this story: Patrick McDowell at pmcdowell10@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.


If You Like EPS Growth Then Check Out COSCO SHIPPING Development (HKG:2866) Before It's Too Late  » 
14 Dec 2019, 0:13

If You Like EPS Growth Then Check Out COSCO SHIPPING Development (HKG:2866) Before It's Too LateLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...


Coca-Cola fires veteran with cancer after his behavior at a party, NC lawsuit says  » 
14 Dec 2019, 0:11

Coca-Cola fires veteran with cancer after his behavior at a party, NC lawsuit saysHe had to foot the bill for radiation, the complaint states.


Waiting on invoices to be paid? Here's how to track and manage your payments if you're a freelancer  » 
14 Dec 2019, 0:11

Waiting on invoices to be paid? Here's how to track and manage your payments if you're a freelancerWaiting for your invoice to get paid and don't want to bug your clients? We connected with financial experts to find out how to manage and track down payments. Here's what they had to say.


Google’s Shopping Comparison Draws Justice Department Scrutiny  » 
14 Dec 2019, 0:10

Google’s Shopping Comparison Draws Justice Department Scrutiny(Bloomberg) -- U.S. antitrust enforcers are examining Google’s conduct in the online shopping comparison market as they continue their probe of the search giant.Richard Stables, chief executive officer of the shopping comparison site Kelkoo Group, said he spent more than an hour with Justice Department officials on Thursday to discuss how Alphabet Inc. allegedly hurt his European-based business.The meetings show that the Justice Department, which opened its investigation of Google with a document seeking a wide swath of information on the company, has an interest in at least one of three landmark European antitrust cases.A Justice Department spokesman said the department has had numerous productive meetings with third parties, but declined to comment on specific discussions.Stables said he also met with congressional staff members for lawmakers on antitrust committees in the House and Senate earlier this week.In 2017, the European Union fined Google 2.4 billion euros ($2.8 billion) and ordered the company to stop promoting its own shopping search results over those of competitors. Stables, who has been trying to convince the EU to toughen its remedy, outlined to the U.S. antitrust enforcers what he said was harm to consumers stemming from Google’s practices.Google’s practice of elevating its own services raises prices for consumers by limiting access to rival shopping comparison sites, Stables said.In the meetings, Stables said he raised concerns that Google could squash not just other European comparison sites, but also travel companies, searches for local businesses and services, and other firms in the U.S.U.S. companies that fear Google have been reluctant to speak out, he said, but he was was willing to help enforcers in Washington understand the market because the political moment made him more optimistic about getting a remedy.In addition to the Justice Department and Congress, 48 state attorneys general are probing Google, and some Democratic presidential candidates have ramped up their rhetoric on the dominance of tech giants.The states began their investigation by focusing on Google’s position in online ads, but some states have recently broadened their focus.Google spokesman Jose Castaneda directed reporters to a September blog post when Google Chief Legal Officer Kent Walker pledged to work with antitrust officials.(Updates with context on the states’ investigation, in second-to-last paragraph. An earlier version corrected the day of the meeting, in second paragraph)\--With assistance from David McLaughlin.To contact the reporters on this story: Ben Brody in Washington, D.C. at btenerellabr@bloomberg.net;Naomi Nix in Washington at nnix1@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Ros KrasnyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


Google’s Shopping Comparison Draws Justice Department Scrutiny  » 
14 Dec 2019, 0:10

Google’s Shopping Comparison Draws Justice Department Scrutiny(Bloomberg) -- U.S. antitrust enforcers are examining Google’s conduct in the online shopping comparison market as they continue their probe of the search giant.Richard Stables, chief executive officer of the shopping comparison site Kelkoo Group, said he spent more than an hour with Justice Department officials on Thursday to discuss how Alphabet Inc. allegedly hurt his European-based business.The meetings show that the Justice Department, which opened its investigation of Google with a document seeking a wide swath of information on the company, has an interest in at least one of three landmark European antitrust cases.A Justice Department spokesman said the department has had numerous productive meetings with third parties, but declined to comment on specific discussions.Stables said he also met with congressional staff members for lawmakers on antitrust committees in the House and Senate earlier this week.In 2017, the European Union fined Google 2.4 billion euros ($2.8 billion) and ordered the company to stop promoting its own shopping search results over those of competitors. Stables, who has been trying to convince the EU to toughen its remedy, outlined to the U.S. antitrust enforcers what he said was harm to consumers stemming from Google’s practices.Google’s practice of elevating its own services raises prices for consumers by limiting access to rival shopping comparison sites, Stables said.In the meetings, Stables said he raised concerns that Google could squash not just other European comparison sites, but also travel companies, searches for local businesses and services, and other firms in the U.S.U.S. companies that fear Google have been reluctant to speak out, he said, but he was was willing to help enforcers in Washington understand the market because the political moment made him more optimistic about getting a remedy.In addition to the Justice Department and Congress, 48 state attorneys general are probing Google, and some Democratic presidential candidates have ramped up their rhetoric on the dominance of tech giants.The states began their investigation by focusing on Google’s position in online ads, but some states have recently broadened their focus.Google spokesman Jose Castaneda directed reporters to a September blog post when Google Chief Legal Officer Kent Walker pledged to work with antitrust officials.(Updates with context on the states’ investigation, in second-to-last paragraph. An earlier version corrected the day of the meeting, in second paragraph)\--With assistance from David McLaughlin.To contact the reporters on this story: Ben Brody in Washington, D.C. at btenerellabr@bloomberg.net;Naomi Nix in Washington at nnix1@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Ros KrasnyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


Retirees Should Know These 3 Facts About Required Minimum Distributions - December 11, 2019 (Revised)  » 
14 Dec 2019, 0:00

Retirees Should Know These 3 Facts About Required Minimum Distributions - December 11, 2019 (Revised)Like many investors, you're likely aiming to build a comfortable nest egg to ensure a comfortable retirement. Make sure you know all about what financial planners dub the accumulation and distribution phases of retirement planning.


‘It Smells Like Ship’: Richard Branson’s New Virgin Voyages Fragrance Ad Is the Funniest Thing You’ll See Today  » 
14 Dec 2019, 0:00

‘It Smells Like Ship’: Richard Branson’s New Virgin Voyages Fragrance Ad Is the Funniest Thing You’ll See TodayVirgin Voyages is releasing its very own ship-inspired fragrance, Ship No. 1.


In March 2020 Guatemala will host the debate about the Central American Economic Integration  » 
14 Dec 2019, 0:00

In March 2020 Guatemala will host the debate about the Central American Economic IntegrationOn March 3rd and 4th, 2020, Fundación Libertad y Desarrollo will host the "Fifth Citizen Convention" with the subject "Central America: Shared Threats and Opportunities; a common destiny". Thirty-one former Ibero-American presidents and high-profile international personalities are expected to attend; this includes Presidents George W. Bush (United States 2001-2009) -pending confirmation-, José María Aznar (Spain 1996-2004), Felipe Calderón (Mexico 2006-2012), Andrés Pastrana (Colombia 1998-2002), José María Figueres (Costa Rica 1994-1998), Luis Alberto Lacalle (Uruguay 1990-1995); Ricardo Lagos (Chile 2000-2006); IDB President, Luis Alberto Moreno; OAS Secretary General, Luis Almagro -pending confirmation-; and G50 Chairman, Moisés Naím.


Should You Buy Zovio Inc. (ZVO)?  » 
13 Dec 2019, 23:59

Should You Buy Zovio Inc. (ZVO)?Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and a 20% drop in […]


Supreme Court to decide Native American land dispute in Oklahoma  » 
13 Dec 2019, 23:43

Supreme Court to decide Native American land dispute in OklahomaTen states, from Maine to Texas to Montana, have warned that the boundaries of Native American lands have jurisdictional consequences there as well.


State mounts largest crackdown on illegal pot shops in LA  » 
13 Dec 2019, 23:42

State mounts largest crackdown on illegal pot shops in LACalifornia regulators mounted dozens of raids against illegal marijuana retailers in Los Angeles this week, the largest crackdown to date against the city's thriving black market, officials announced Friday. The state has been under pressure from California's legal industry to do more to stop the underground pot economy, which in Los Angeles and other cities often operates in plain sight. Investigators from the state Bureau of Cannabis Control and the Department of Consumer Affairs’ Cannabis Enforcement Unit served search warrants at 24 unlicensed shops from Tuesday through Thursday.


3 Stocks to Consider as Retail Spending Slows  » 
13 Dec 2019, 23:42

3 Stocks to Consider as Retail Spending SlowsThe stock market saw tepid movement Friday after the US struck a phase one deal with China.


Weatherford Successfully Completes Financial Restructuring  » 
13 Dec 2019, 23:41

Weatherford Successfully Completes Financial RestructuringWeatherford International plc today announced that it has completed its financial restructuring and emerged from chapter 11 protection.


Know These 3 Facts to Avoid Paying Half Your Retirement Income to the IRS - December 11, 2019 (Revised)  » 
13 Dec 2019, 23:40

Know These 3 Facts to Avoid Paying Half Your Retirement Income to the IRS - December 11, 2019 (Revised)Like the majority of investors, you're most likely working on a retirement portfolio that will provide a large enough nest egg to give you a comfortable retirement. Make sure you know all about what financial planners call the accumulation and distribution phases of retirement planning.


More Men Than Ever Are Getting Paid Leave. Why Aren't They Taking It?  » 
13 Dec 2019, 23:38

More Men Than Ever Are Getting Paid Leave. Why Aren't They Taking It?The answer is complicated.


Fiserv (FISV) Outpaces Stock Market Gains: What You Should Know  » 
13 Dec 2019, 23:37

Fiserv (FISV) Outpaces Stock Market Gains: What You Should KnowFiserv (FISV) closed at $116.75 in the latest trading session, marking a +1.36% move from the prior day.


Should Maoyan Entertainment (HKG:1896) Focus On Improving This Fundamental Metric?  » 
13 Dec 2019, 23:34

Should Maoyan Entertainment (HKG:1896) Focus On Improving This Fundamental Metric?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...


Justices to take up dispute over subpoenas for Trump records  » 
13 Dec 2019, 23:34

Justices to take up dispute over subpoenas for Trump recordsThe Supreme Court said Friday it will hear President Donald Trump's pleas to keep his tax, bank and financial records private, a major confrontation between the president and Congress that also could affect the 2020 presidential campaign. Arguments will take place in late March, and the justices are poised to issue decisions in June as Trump is campaigning for a second term. Rulings against the president could result in the quick release of personal financial information that Trump has sought strenuously to keep private.


Medicaid Work Rules Approved for South Carolina  » 
13 Dec 2019, 23:30

Medicaid Work Rules Approved for South CarolinaThe Trump administration on Thursday approved South Carolina’s request to impose work requirements on Medicaid recipients. Seema Verma, administrator of the Centers for Medicare & Medicaid Services, said the new rules “will lift South Carolinians out of poverty by encouraging as many as possible to participate in the booming Trump economy.”South Carolina is the 10th state to receive permission to impose work requirements in its Medicaid program. The new rules will require beneficiaries to work, train or volunteer at least 80 hours per month in order to maintain eligibility. Those who fail to do so for three consecutive months will have their benefits suspended, though the benefits can be restored once the requirements are met. The plan also extends coverage to 14,000 state residents who are homeless or addicted to drugs, though they too will have to satisfy the work requirements.Legal challenges: A federal judge has ruled against work requirements in Arkansas, Kentucky and New Hampshire, and several other states have suspended their requirements pending final resolution of the issue. The judge said that work requirements violate the purpose of Medicaid and will result in thousands of people losing health coverage.Losses expected in South Carolina: Sue Berkowitz of the South Carolina Appleseed Legal Justice Center told the Greenville News that the work requirements will result in 14,000 people losing Medicaid coverage in the state over the next five years. The state’s estimate puts that number at 7,100.Joan Alker of the Georgetown University Health Policy Institute said Thursday that the South Carolina plan will disproportionately affect African-American women who are single mothers living in rural areas.Partisan ping-pong: There’s little agreement about the benefits of work requirements for Medicaid beneficiaries, and the differences are starkly partisan. Echoing Verma’s comments, the Republican governor of South Carolina, Henry McMaster, said they are designed to help the poor, both economically and spiritually. "There is no reason for anyone who can work not to be working, especially if that person is able-bodied and is receiving public assistance," McMaster said at a press conference Thursday. “Without meaningful work, life loses its joy and meaning."Presidential candidate Joe Biden expressed the typical Democratic response to such efforts: “Simply put, Medicaid work requirements are nothing but a vicious attempt at stripping low-income South Carolinians of access to affordable health care," Biden said in a statement. "Donald Trump is working side-by-side with governors and state legislatures across the country to play politics with people’s health care."Like what you're reading? Sign up for our free newsletter.


Alphabet Seeks Quiet End to Investor Suits Over Sex Harassment  » 
13 Dec 2019, 23:29

Alphabet Seeks Quiet End to Investor Suits Over Sex Harassment(Bloomberg) -- Alphabet Inc. is pursuing mediation to settle investor litigation alleging the company let senior leaders at Google get away with sexual harassment and misconduct for years.Company directors this year set up a special committee to evaluate the claims after several shareholder groups sued, alleging that the board failed in its duties by allowing harassment, approving big payouts to departing executives and keeping the details under wraps. The committee recommended that the case go through private mediation, a closed-door process, according to a filing in California state court in San Jose.Both sides agreed to extend Alphabet’s deadline to respond to the claims until Feb. 14 to accommodate the mediation, according to the filing.Google’s handling of sexual harassment and misconduct has been a major flashpoint over the last two years. Thousands of employees walked off the job last year to protest the company’s policies after a New York Times report detailed how Google paid Android founder Andy Rubin $90 million in severance even after an employee accused him of sexual harassment.Google has since changed some of its policies and no longer bars employees from signing away their right to bring complaints in court.A Google spokesman declined to comment on the litigation. Louise Renne, a lawyer representing investors, didn’t immediately respond to an email seeking comment.The lead case is In Re Alphabet Inc. Shareholder Derivative Litigation, 19CV341522, California Superior Court, Santa Clara County (San Jose).To contact the reporters on this story: Gerrit De Vynck in New York at gdevynck@bloomberg.net;Joel Rosenblatt in San Francisco at jrosenblatt@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, ;David Glovin at dglovin@bloomberg.net, Peter Blumberg, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


Buttigieg Calls for Twice as Much in New Taxes and Spending as Biden Does: Report  » 
13 Dec 2019, 23:29

Buttigieg Calls for Twice as Much in New Taxes and Spending as Biden Does: ReportIn his campaign for the Democratic presidential nomination, Pete Buttigieg may be positioning himself as a moderate alternative to Elizabeth Warren and Bernie Sanders, but he still calls for more taxes and government spending than Joe Biden does or than Hillary Clinton did in 2016, The Wall Street Journal’s Jacob M. Schlesinger and John McCormick write.Buttigieg, they say, has proposed $6.9 trillion in new spending and nearly $7.2 trillion in tax increases, far less than Warren or Sanders, but double what Biden has proposed and triple what Clinton did:“Like most other candidates in the race, the Buttigieg platform espouses a far more-activist government than Mr. Obama and Bill and Hillary Clinton ever proposed. The main 2020 agendas share in common plans to roll back much of President Trump’s signature 2017 tax cuts for business and the affluent, expand the earned-income tax credit for low- and middle-income workers and spend trillions of dollars on green infrastructure to make American industry carbon neutral by midcentury. They all focus more on redistributing wealth than expanding economic growth, and they try to show how they would pay for their plans without increasing government debt.”The bottom line: Buttigieg faces plenty of pushback from the left, including questions about just how progressive he would be and how genuine — or focus-group tested — his policy proposals are. But his proposals may be an indication of how the top of the Democratic party has shifted since Clinton was the party’s standard-bearer.Read more at The Wall Street Journal (subscription required).Like what you're reading? Sign up for our free newsletter.


Can FedEx (FDX) Stock Turn Things Around with Upcoming Q2 Earnings?  » 
13 Dec 2019, 23:26

Can FedEx (FDX) Stock Turn Things Around with Upcoming Q2 Earnings?FedEx will report its second quarter fiscal 2020 performance after the market closes on Tuesday, December 17.


Watchdog Questions $6.7 Billion in Medicare Payments  » 
13 Dec 2019, 23:19

Watchdog Questions $6.7 Billion in Medicare PaymentsHealth insurance companies in the Medicare Advantage program have received billions in extra payments after making adjustments to their patient charts – changes that the Department of Health and Human Services inspector general says “raise concerns.”According to an IG report released this week, insurers have used a chart review process to add medical conditions such as diabetes and cancer to patient records, earning higher payments from Medicare to compensate for the risk of caring for sicker patients. But in many cases, the charts did not indicate that a medical service related to the added illness had been provided, raising questions about the legitimacy of the adjustments.Illnesses added to charts but unrelated to any specific medical service resulted in $6.7 billion in risk-adjusted payments in 2017, the IG said. While the watchdog did not conclude that the payments were necessarily illicit, it did recommend that the government provide better oversight of the chart review and risk adjustment process.The increasingly popular Medicare Advantage program covered 21 million people in 2018 and accounted for $210 billion of Medicare’s $711 billion in spending.Like what you're reading? Sign up for our free newsletter.


Amarin Receives FDA Approval of VASCEPA® (icosapent ethyl) to Reduce Cardiovascular Risk  » 
13 Dec 2019, 23:14

Amarin Receives FDA Approval of VASCEPA® (icosapent ethyl) to Reduce Cardiovascular RiskAmarin Corporation plc (NASDAQ: AMRN) today announced that the U.S. Food and Drug Administration (FDA) has approved a new indication and label expansion for VASCEPA® (icosapent ethyl) capsules. After more than a decade of development and testing, VASCEPA is now the first and only drug approved by the FDA "as an adjunct to maximally tolerated statin therapy to reduce the risk of myocardial infarction, stroke, coronary revascularization, and unstable angina requiring hospitalization in adult patients with elevated triglyceride (TG) levels (≥150 mg/dL) and established cardiovascular disease or diabetes mellitus and two or more additional risk factors for cardiovascular disease." It is estimated that millions of high-risk patients in the United States could benefit from this one-of-a-kind prescription therapy.1


Introducing PWR Holdings (ASX:PWH), A Stock That Climbed 88% In The Last Three Years  » 
13 Dec 2019, 23:13

Introducing PWR Holdings (ASX:PWH), A Stock That Climbed 88% In The Last Three YearsOne simple way to benefit from the stock market is to buy an index fund. But many of us dare to dream of bigger...


Live Nation Entertainment, Zebra Technologies, STERIS Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600  » 
13 Dec 2019, 23:12

Live Nation Entertainment, Zebra Technologies, STERIS Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600S&P; Dow Jones Indices will make the following index adjustments to the S&P; 500, S&P; MidCap 400 and S&P; SmallCap 600 to ensure each index more appropriately represents its market capitalization range. The changes will be effective prior to the open of trading on Monday, December 23 to coincide with the December rebalance.


Paragon 28® Launches Unique Option for Revising a Failed Synthetic Cartilage Implant (SCI)  » 
13 Dec 2019, 23:11

Paragon 28® Launches Unique Option for Revising a Failed Synthetic Cartilage Implant (SCI)Since its inception, Paragon 28® has obsessed over every aspect of foot and ankle surgery. Committed to creating tailored solutions to improve surgical outcomes, Paragon 28® has launched innovative products and instrumentation that help to streamline procedures, allow surgeons flexibility in technique and approach, and facilitate reproducible results benefitting both the surgeon and patient.


Democrats say they won't cross picket line over union conflict at debate host site  » 
13 Dec 2019, 23:09

Democrats say they won't cross picket line over union conflict at debate host siteA local union at Loyola Marymount University will picket at the university ahead of Thursday’s debate.


Is Keck Seng Investments (Hong Kong) Limited (HKG:184) An Attractive Dividend Stock?  » 
13 Dec 2019, 23:07

Is Keck Seng Investments (Hong Kong) Limited (HKG:184) An Attractive Dividend Stock?Today we'll take a closer look at Keck Seng Investments (Hong Kong) Limited (HKG:184) from a dividend investor's...





Technology

PHOTOS: Fluorescent turtle embryo wins forty-fifth annual Nikon Small World Competition  » 
21 Oct 2019, 15:01

PHOTOS: Fluorescent turtle embryo wins forty-fifth annual Nikon Small World CompetitionThe winners of the 45th annual competition showcase a spectacular blend of science and artistry under the microscope.


7 tax scams to watch out for this year  » 
7 Apr 2019, 12:00

7 tax scams to watch out for this yearIn case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard-earned cash and personal information from right under your nose.


Mother Angry After School's Robocall Keeps Mispronouncing Daughter's Name As A Racial Slur  » 
2 Nov 2017, 18:48

Mother Angry After School's Robocall Keeps Mispronouncing Daughter's Name As A Racial SlurThe daughter's name is Nicarri.


Avowed Apple Fan Jeb Bush Realizes His Apple Watch Can Take Phone Calls  » 
13 Jan 2016, 23:22

Avowed Apple Fan Jeb Bush Realizes His Apple Watch Can Take Phone CallsJeb Bush's love of Apple products has been widely documented, and the Republican presidential candidate continues to wear his Apple Watch on the campaign trail. Yesterday, in a meeting with The Des Moines Register editorial board documented by USA Today, Bush stumbled upon a feature he didn’t realize his smartwatch was capable of: taking phone calls. Somehow Bush managed to take a call without picking up his iPhone, and the sound of a person’s voice saying hello breaks through the meeting noise, to which Bush responds, “My watch can’t be talking.”


Social media welcomes Pope Francis to the United States  » 
22 Sep 2015, 23:29

Social media welcomes Pope Francis to the United StatesPope Francis gets the social media treatment upon arriving in the U.S. Tuesday. As Pope Francis’s flight touched down in Washington, D.C. on Tuesday, Twitter unveiled a new batch of emojis created for the highly anticipated papal visit. Until his departure from the United States on Sunday, Twitter users chronicling the Catholic leader’s East Coast journey will be able to include a cartoon image of the Pope’s face in front of the American flag on all Pope-related tweets by using the hashtag #PopeinUS.






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