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Nets player: Embiid’s laughing apology over elbow ‘disrespectful’

NBA: Playoffs-Brooklyn Nets at Philadelphia 76ers
Apr 15, 2019; Philadelphia, PA, USA; Philadelphia 76ers center Joel Embiid (21) warms up before game two of the first round of the 2019 NBA Playoffs against the Brooklyn Nets at Wells Fargo Center. Bill Streicher-USA TODAY Sports

April 18, 2019

Some Brooklyn Nets players are unhappy with the laughing apology given by Philadelphia center Joel Embiid over the elbow he delivered in Game 2, calling it “disrespectful.”

Embiid was whistled for a Flagrant 1 foul after a vicious elbow that caught the jaw of Brooklyn’s Jarrett Allen during the 76ers’ victory. Embiid apologized for the elbow during the postgame press conference but broke into laughter with teammate Ben Simmons doing it.

“We didn’t really like that,” Nets guard Caris LeVert said Wednesday. “We thought that was kind of disrespectful, especially after the elbow he threw. There’s no love lost. It’s a playoff series. We expect that.”

Embiid said Simmons laughed because “I’m not usually humble,” an explanation accepted by the Nets’ Jared Dudley as Embiid being a “silly guy.” However, Dudley didn’t full excuse it.

“I felt a certain type of way for it just because you’re laughing and someone could have really gotten hurt,” Dudley said. “That’s been Embiid’s personality, but just because it’s your personality doesn’t mean it’s right. So, for us, you can either get even however you want to do it, but the biggest thing for us to get even is winning Game 3.”

Game 3 is Thursday night in Brooklyn with the series tied 1-1.

–Field Level Media

Source: OANN

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Samsung Electronics says first-quarter profit likely fell 60 percent as chip prices hit

FILE PHOTO: Attendees at Samsung Electronics Co LtdÕs Unpacked event test out the companyÕs new devices in in San Francisco
FILE PHOTO: Attendees at Samsung Electronics Co Ltd's Unpacked event test out the company's new devices in San Francisco, California, U.S., February 20, 2019 REUTERS/Stephen Nellis/File Photo

April 4, 2019

SEOUL (Reuters) – South Korea’s Samsung Electronics Co Ltd said on Friday its first-quarter operating profit likely slid 60 percent from a year earlier, as a glut in memory chips, slowing panel sales and rising competition in smartphones hit margins.

The world’s biggest maker of smartphones and memory chips said in a filing January-March profit was likely 6.2 trillion won ($5.5 billion), missing the 6.8 trillion won estimate from analysts according to Refinitiv SmartEstimate.

Revenue likely fell 14 percent from a year earlier to 52 trillion won. The firm will disclose detailed earnings in late April.

The Apple Inc supplier and rival earlier had warned the quarter could be disappointing due to falls in prices of memory chips, its core profit-driver, and slowing demand for display panels used in Apple’s iPhones.

Samsung’s smartphones meanwhile are struggling to be profitable due to rising costs of innovation, competition from Chinese rivals and weakening demand for premium models, analysts have said.

Even so, the firm’s share price has leapt more than 25 percent since sinking to a two-year low in early January as some investors bet on a recovery in chip demand.

The tech giant says earnings are expected to recover in the second half of the year thanks to rising demand from data centres, where data is stored remotely or in so-called cloud servers.

(Reporting by Ju-min Park and Heekyong Yang; Editing by Stephen Coates)

Source: OANN

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Acting DHS Secretary McAleenan designates new acting CBP commissioner, in latest agency staffing shake-up

Acting Homeland Security Secretary Kevin McAleenan on Monday designated Customs and Border Protection Chief Operating Officer John Sanders as acting CBP commissioner, filling McAleenan's former post in the latest staffing shake-up at the Department of Homeland Security.

McAleenan, who was appointed acting DHS secretary following the resignation of Kirstjen Nielsen April 7, designated Sanders to take over “as the senior official performing the functions and duties of the commissioner” of CBP.

ACTING DHS SECRETARY MCALEENAN DESIGNATES TSA ADMINISTRATOR AS DHS DEPUTY

“John Sanders has proven instrumental to advancing CBP’s mission and organizational priorities across the agency,” McAleenan said in a statement. “In addition to bringing greater focus on the agency’s operational requirements, he has provided strategic direction and oversight to critical enterprise services and operations support functions across the agency.”

He added: “With John Sanders’ leadership, CBP will continue to excel, remain ever vigilant, and accomplish the mission with steadfast resolve.”

Monday's announcement caps a turbulent week for DHS. Last Sunday, President Trump announced Nielsen would resign from her post and be replaced with McAleenan.

But Nielsen’s resignation was only the beginning.

By last Monday, U.S. Secret Service Director Randolph ‘Tex’ Alles stepped down from his post after he was told to “prepare an exit plan,” in a signal, almost two weeks ago, that a transition in leadership at DHS was imminent.

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White House Press Secretary Sarah Sanders said Monday that the president had picked career Secret Service member James M. Murray to take over the agency in May. Alles will remain in his role until then.

Last Tuesday, DHS acting deputy secretary Claire Grady, who was technically next in line to replace Nielsen, resigned.

By last Wednesday, Nielsen announced that Immigrations and Customs Enforcement (ICE) Acting Director Ron Vitiello would be stepping down by the end of this week.

Last Thursday, McAleenan also designated the current head of the Transportation Security Administration, David Pekoske to be his acting deputy secretary at DHS. McAleenan also announced he would replace Pekoske at TSA with Patricia Cogswell, who currently serves as TSA’s acting deputy administrator.

SECRET SERVICE DIRECTOR TO STEP DOWN, ON HEELS OF NIELSEN RESIGNATION

Nielsen’s resignation came amid an influx of migrants at the U.S.-Mexico border. Nielsen was reportedly frustrated with the difficulty of getting other departments to help deal with the growing number of families crossing the border.

Administration officials, though, told Fox News last week that McAleenan best fits Trump’s requirement of being the “toughest cop” on the frontier, and that Nielsen had been viewed as resistant to some of the immigration measures pushed by the president and his aides.

Source: Fox News Politics

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Is Harvard Taking the Bench in the “Varsity Blues” Scandal?

Which seems more likely, that there was nothing at Harvard for the “Varsity Blues” investigators to find OR that the Harvard alums who are known to dominate the U.S. attorney’s office in Boston chose not to look there?

After all, the same list of schools has been repeated ad nauseam on the airwaves ever since news of the scandal broke: USC, UCLA, Yale, Wake Forest, Stanford, Georgetown University of San Diego, and the University of Texas at Austin. However, Harvard, which is arguably the most competitive and hardest university in the nation to get into, has been conspicuously absent without so much as an obviously-forged note bearing a lame excuse as to why.

When pondering this odd phenomenon, it might be worth remembering that in 2017-2018 a pair of stories surfaced about potential favoritism sparing Harvard from the DOJ’s wrath.

First, over at WND this reporter picked up on an ongoing drama where an anesthesiologist named Dr. Lisa Wollman at Harvard’s largest teaching hospital, Massachusetts General, blew the whistle on alleged “double booking” by orthopedic surgeons, who are said to have scheduled multiple surgeries at overlapping times and to have left trainees to close surgical incisions, unbeknownst to patients, while billing the federal Medicare and Medicaid programs full price for both operations. The scandal reportedly affected former Red Sox pitcher Bobby Jenks, who had surgery at Mass. General prior to ending his major-league career. The Boston U.S. attorney’s office had about 2 years to join Wollman’s suit on behalf of federal taxpayers, but multiple heads of that office, each with strong ties to Harvard, declined to do so.

Later, a newly-hired member of the Trump DOJ apparently uncovered that federal prosecutors had been leery of pressing a civil rights suit against Harvard regarding alleged discrimination against Asian applicants. That case was brought by private plaintiffs, Students For Fair Admissions, Inc., and a ruling by U.S. District Judge Allison D. Burroughs, rather than a jury, is expected within the next few months. There is no clear consensus on who is expected to prevail, but both sides are expected to appeal.

And then there’s Justina Pelletier. She and her family have sued Harvard’s primary pediatric research and teaching facility, Boston Children’s Hospital, for medical malpractice and civil rights violations (which many people consider to have been torture). On top of the Pelletier family’s claims under the U.S. Constitution, an unspecified but large amount of federal Medicaid money was reportedly involved, yet once again, the DOJ has declined to take a Harvard entity to federal court.

Thus, though it’s entirely possible that Harvard was uninvolved in this latest scandal, this apparent pattern of behavior in the DOJ nonetheless raises critical questions regarding the “Varsity Blues” investigation and why Harvard – whose school color is crimson red by the way – hasn’t been named.

Like, did “Varsity Blues” investigators look into America’s “most elite” university? And, as the other schools which have thus far been named reel from the fallout, was reputation-obsessed Harvard given special treatment and spared from the headlines? Further, are cheaters safe from law enforcement so long as they cheat their family’s way into Harvard?

These are good questions for Andrew Lelling, who is the current top federal prosecutor in Boston. Now, Lelling went to Binghamton University and the University of Pennsylvania. However, the rest of his office is still dominated by Harvard grads and Lelling has only held the top post for about 15 months. So, it’s likely that the “Varsity Blues” investigation actually began and took shape under his predecessors.

For instance, in the year or so before Lelling took over, then-acting-U.S.-Attorney William Weinreb was in charge of federal prosecutors in the Bay State, which on top of Harvard has more colleges and university students per capita (7.32%) than any other large metropolitan city (one million+ people) in the country except Los Angeles, which leads with an additional 0.02%. And it would be hard to find more of a “Harvard man” than Weinreb, who graduated from Harvard Law School.

In fact, Weinreb was the editor and treasurer of the Harvard Law Review, as well as college chums with soon-to-be-former-Deputy-AG Rod Rosenstein during their glory days in Cambridge, MA. Then Weinreb cut a $1,000 check and maxed out his personal donation limit to the political campaigns of his fellow Harvard folks, Elizabeth Warren and Barack Obama, respectively, before his predecessor, Carmen Ortiz, officially handed him the reigns in January 2017.

During her time in power, former U.S. Attorney Carmen Ortiz was a lightning rod of controversy and criticism, but not for going after Harvard. She had been recommended for the top law enforcement job in Boston by Ted Kennedy – of the Harvard Kennedy School Kennedys.

Ortiz also mentored under longtime Harvard Law professor Philip Heymann, whose son, former Harvard lecturer Stephen Heymann, occupied the sought-after likely-stepping-stone post of cybercrime division chief under her.

Perhaps it’s no surprise then, that after Ortiz left office, Harvard was one of the first places where she reportedly explored career opportunities. However, in what may have been a well-deserved cosmic irony, the Ivy League university didn’t hire her. It appears that despite her significant efforts, Ortiz had still ruffled too many sensitive feathers on campus and like so many before her, she apparently had to settle for her safety school, Boston College, before taking a job at a small local law firm.

The FreeMartyG team inquired with a top Justice Department official in Washington DC, asking whether the DOJ’s leadership had any concerns that Harvard might have experienced preferential treatment during the “Varsity Blues” investigation, not all that unlike some of the students who now find their admission to other top universities in question. U.S. Department of Justice Spokesperson Kelly Laco declined to comment.

Anyone with further information is encouraged to contact the FreeMartyG team on Facebook or Twitter.

The author, Marty Gottesfeld, is an Obama-era political prisoner. To learn more about his case or donate to support him, please go to FreeMartyG.com.

Source: InfoWars

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UK should ‘cool down’, drop Brexit – Socialist candidate to head EU Commission

FILE PHOTO: Frans Timmermans, the newly elected Party of European Socialists President, speaks during the Party of European Socialists annual meeting in Lisbon
FILE PHOTO: Frans Timmermans, the newly elected Party of European Socialists President, speaks during the Party of European Socialists annual meeting in Lisbon, Portugal, December 8, 2018. REUTERS/Pedro Nunes/File Photo

April 17, 2019

By Peter Maushagen

STRASBOURG, France (Reuters) – Britain should use the next few months to “cool down and rethink” its decision to leave the European Union, the socialist candidate to head the next European Commission, Frans Timmermans, said on Wednesday.

Last week EU leaders gave Britain an extension of its departure date until Oct. 31, with the possibility of leaving sooner if parliament ratifies a divorce deal Prime Minister Theresa May has negotiated with the EU. Lawmakers have already rejected the deal three times.

“I absolutely hope that the UK might stay in the EU,” Timmermans, now the Commission’s first vice president, said in a television debate with his main rival, Manfred Weber of the center-right European People’s Party (EPP).

“I hope this period of extension will be used for Britain to calm down and rethink things a bit, perhaps for politicians to be more responsible with the promises they make, and then look at the issue again later this year,” the Dutchman said.

“Who knows what might change in the meantime?” he said.

Timmermans was expressing a sentiment shared by some in the EU, notably the chairman of EU leaders, Donald Tusk, that Britain could still change its mind and stay in the EU.

LABOUR TO TIMMERMANS’ RESCUE?

Polls show that enough Britons may have had a change of heart about Brexit since the 2016 referendum, in which they voted to leave the bloc by 52 to 48 percent. But May and her government remain strongly opposed to holding another vote.

Timmermans hopes to replace the EPP’s Jean-Claude Juncker as head of the European Commission, the most powerful of EU institutions. He is running on a ticket from the EU’s second biggest political family, the socialists.

Britain is likely to still be a member of the EU at the time of the European Parliament elections on May 23-26, which means it would take part in the vote. Britain’s opposition Labour Party, which backs a second referendum, could help Timmermans’ socialists win more seats in the 751-seat European assembly.

Weber does not stand to benefit in the same way from British participation in the EU elections because no UK parties belong to the EPP, currently the largest grouping in the parliament.

“I have a problem that they (Britain) are now participating in the EU elections, are deciding about the future of our union,” Weber said during the TV debate with Timmermans.

“That is not easy to understand. I respect the outcome, and if they are part of the EU, they have the right to vote – don’t get me wrong,” he added.

The EU political family with most seats in the European Parliament expects its candidate for Commission president to land the job, although the decision formally lies with EU leaders.

Latest polls – which assume UK participation in the elections – show the EPP winning 178 seats and the socialists getting 144 seats.

(Reporting By Peter Maushagen, Writing by Jan Strupczewski; Editing by Gareth Jones)

Source: OANN

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Dollar shored up by strong U.S. data, commodity currencies sag

FILE PHOTO: Photo illustration of one hundred dollar notes in Seoul
FILE PHOTO: One hundred dollar notes are seen in this photo illustration at a bank in Seoul January 9, 2013. REUTERS/Lee Jae-Won

April 12, 2019

By Shinichi Saoshiro

TOKYO (Reuters) – The dollar held firm on Friday after strong U.S. labor and inflation data soothed concerns about the world’s largest economy, while falling oil prices weighed on commodity-linked currencies such as the Canadian and Australian dollars.

The dollar index against a basket of six major currencies was steady at 97.166 after climbing 0.25 percent the previous day.

The index was headed for a weekly loss of 0.25 percent, having stumbled at the start of the week as Treasury yields fell in the wake of a mixed March U.S. non-farm jobs report.

Data released on Thursday showed first-time filings for U.S. jobless benefits dropped to a 49-1/2-year low last week, pointing to sustained labor market strength. Overall producer prices increased 0.6% in March, the largest rise since October.

The dollar was little changed at 111.72 yen after gaining 0.6 percent overnight on the robust U.S. data and the subsequent rise in U.S. Treasury yields.

The greenback’s advance, however, stalled ahead of the 112.00 yen threshold.

“Many market players had taken a bearish view on the dollar after the U.S. CPI numbers released earlier in the week, but they were forced to abruptly cover short positions as Thursday’s data proved to be strong,” said Takuya Kanda, general manager at Gaitame.Com Research Institute.

“The rise thus lacked conviction and it remains to be seen if the dollar can sustain its bounce. The prospect of a rate cut by the Fed may have diminished in light of the data, but economic views are not yet strong enough to support rate hike expectations,” Kanda said.

The dollar had sagged on Wednesday after a mixed report on domestic consumer prices reinforced the notion that underlying U.S. inflation remains tame.

The pound was steady at $1.3053 after dipping 0.25 percent the previous day against the broadly firmer dollar.

Volatility for sterling plunged after a midweek deal at an emergency European Union summit to postpone Britain’s exit from the bloc to Oct. 31 meant it would not crash out this week without a treaty to smooth its passage. [GBP/]

The Canadian dollar was more or less steady at C$1.3385 per dollar after shedding 0.5 percent the previous day as crude oil prices retreated from five-month highs.

The Australian dollar dipped 0.1 percent to $0.7117 to extend losses from a day earlier, when it sank 0.7 percent.

A decline in copper prices and political uncertainty were also seen weighing on the Aussie.

Australian Prime Minister Scott Morrison on Thursday announced a general election to be held on May 18.

The New Zealand dollar, also sensitive to shifts in commodity prices, slipped to $0.6714, its lowest since Jan. 22.

The euro nudged up 0.1 percent to $1.1262 after losing 0.2 percent on Thursday. The single currency has risen about 0.4 percent this week.

(Reporting by Shinichi Saoshiro; Editing by Shri Navaratnam)

Source: OANN

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MLB increases All-Star, HR Derby bonuses

MLB: All Star Game-Home Run Derby
FILE PHOTO: Jul 16, 2018; Washington, DC, USA; Washington Nationals right fielder Bryce Harper (34) celebrates winning the 2018 MLB home run derby at Nationals Ballpark. Mandatory Credit: Brad Mills-USA TODAY Sports

March 14, 2019

The winner of the 2019 Home Run Derby will earn a $1 million bonus, and there is a boost coming for this year’s All-Star selections, MLB announced in a rules update for the upcoming season.

The proposed changes must be ratified by baseball’s 30 owners to become official.

The total prize pool for the 2019 Home Run Derby, which takes place the night before the All-Star Game, is up to $2.5 million. The winner will claim $1 million. Whether the increase is enough incentive to keep stars interested in the swing-a-thon is unclear.

For example, new Phillies slugger Bryce Harper took part in the event when it was held in his home park with the Nationals, but his new contract pays him the equivalent of $50,000 per plate appearance.

This year’s All-Star Game is scheduled for July 9 at Progressive Field in Cleveland.

Leading vote-getters for the Midsummer Classic can cash in, too, with MLB promising bonuses to the top three vote-getters at each position — six total outfielders — in each league. The prize pool for the winning team will also be increased.

Voting for the game will be converted to a two-round process. An “Election Day” to be announced at a later date — late June or early July, according to MLB — will be held during which voters will choose the starters by voting during a set time period for their pick among the top three at every position (nine outfielders make the cutoff).

Additionally, if the All-Star Game hits extra innings, both teams will start the 10th with a runner on second base.

In-season, MLB and MLBPA proposed the following changes:

–Inning Breaks: Subject to discussions with broadcast partners, inning breaks will be reduced from 2:05 to 2:00 in local games, and from 2:25 to 2:00 in national games. (The Office of the Commissioner retains the right to reduce the inning breaks to 1:55 in local and national games for the 2020 season.)

–Mound Visits: The maximum number of mound visits per team will be reduced from six to five.

–Trade Deadline: The trade deadline will remain July 31st; however, trade waivers will be eliminated. Players may be placed and claimed on outright waivers after July 31st, but players may not be traded after that date.

–Field Level Media

Source: OANN

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A man looks out at a flooded residential area in Gatineau
A man looks out at a flooded residential area in Gatineau, Quebec, Canada, April 24, 2019. REUTERS/Chris Wattie

April 26, 2019

MONTREAL/OTTAWA (Reuters) – Rising waters were prompting further evacuations in central Canada on Thursday, with the mayor of the country’s capital, Ottawa, declaring a state of emergency and Quebec authorities warning that a hydroelectric dam was at risk of breaking.

Ottawa Mayor Jim Watson declared the emergency in response to rising water levels along the Ottawa River and weather forecasts that called for significant rainfall on Friday.

In a statement on Twitter, Watson asked for help from the Ontario provincial government and the country’s military.

He warned that “flood levels are currently forecasted to exceed the levels that caused significant damage to numerous properties in the city of Ottawa in 2017.”

Spring flooding had killed one person and forced more than 900 people from their homes in Canada’s Quebec province as of 1 p.m. on Thursday, according to a government website.

Ottawa has received 80 requests for service related to potential flooding such as sandbagging, a city spokeswoman said.

The prospect of more rain over the next 24 to 48 hours triggered concerns on Thursday that the hydroelectric dam at Bell Falls in the western part of Quebec could be at risk of failing because of rising water levels.

Quebec’s provincial police said 250 people were protectively removed from homes in the area as of late afternoon in case the dam on the Rouge River breaks.

The dam is now at its full flow capacity of 980 cubic meters per second of water, said Francis Labbé, a spokesman for the province’s state-owned utility, Hydro Quebec. He said Hydro Quebec expected the flow could rise to 1,200 cubic meters per second of water over the next two days.

“We have to take the worst-case scenario into consideration, since we`re already at the maximum capacity,” Labbé said by phone.

The dam is part of a power station that no longer produces electricity, but is regularly inspected by Hydro Quebec, he said.

(Reporting by Allison Lampert in Montreal and David Ljunggren and Julie Gordon in Ottawa; Editing by James Dalgleish and Peter Cooney)

Source: OANN

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FILE PHOTO: Funeral of journalist Lyra McKee in Belfast
FILE PHOTO: Pallbearers carry the coffin of journalist Lyra McKee at her funeral at St. Anne’s Cathedral in Belfast, Northern Ireland, April 24, 2019. REUTERS/Clodagh Kilcoyne/File Photo

April 26, 2019

BELFAST (Reuters) – Detectives investigating the murder of journalist Lyra McKee in Northern Ireland last week suspect the gunman who shot her dead is in his late teens as they made a further appeal to the local community who they believe know his identity.

McKee’s killing by an Irish nationalist militant during a riot in Londonderry has sparked outrage in the province where a 1998 peace deal mostly ended three decades of sectarian violence that cost the lives of some 3,600 people.

The New IRA, one of a small number of groups that oppose the peace accord, has said one of its members shot the 29-year-old reporter dead in the Creggan area of the city on Thursday when opening fire on police during a riot McKee was watching.

The killing, which followed a large car bomb in Londonderry in January that police also blamed on the New IRA, has raised fears that small marginalized militant groups are exploiting a political vacuum in the province and tensions caused by Britain’s decision to leave the European Union.

Police released footage on Friday of immediately before and after the shooting showing three men who were involved in the rioting and identified one as the gunman who they believe is in his late teens. 

“I believe that the information that can help us to bring those responsible for her murder to justice lies within the community. I need the public to tell me who he is,” Detective Superintendent Jason Murphy told reporters.

Murphy said those involved in the disorder on the night were teenagers or in their early 20s, and that about 100 people were on the ground watching the trouble as it unfolded.

He added that police believed the gun used in the attack was of a similar caliber to those used before in paramilitary type attacks in Creggan. 

“I recognize that people living in Creagan may find it’s difficult to come forward to speak to police. Today, I want to provide a personal reassurance that we are able to deal with those issues sensitively,” Murphy said, echoing similar appeals in recent days.

(Reporting by Amanda Ferguson, editing by Padraic Halpin and Toby Chopra)

Source: OANN

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Traders work on the floor at the NYSE in New York
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Sruthi Shankar and Amy Caren Daniel

(Reuters) – U.S. stock index futures were flat on Friday, as investors paused ahead of GDP data, which is expected to show the world’s largest economy maintained a moderate pace of growth in the first quarter.

Gross domestic product probably increased at a 2% annualized rate in the quarter as a burst in exports, strong inventory stockpiling and government investment in public construction projects offset a slowdown in consumer and business spending, according to a Reuters survey of economists.

The Commerce Department report will be published at 8:30 a.m. ET.

The GDP data comes as investors look for fresh catalysts to push the markets higher. The S&P 500 index is about 0.5% below its record high hit in late September, after surging nearly 17% this year.

First-quarter earnings have been largely upbeat, with nearly 78% of the 178 companies that have reported so far surpassing earnings estimates, according to Refinitiv data.

Wall Street now expects S&P 500 earnings to be in line with the year-ago quarter, a sharp improvement from the 2.3% fall expected at the start of April.

Amazon.com Inc rose 0.9% in premarket trading after the e-commerce giant reported quarterly profit that doubled and beat estimates on soaring demand for its cloud and ad services.

Ford Motor Co shares surged 8.5% after the automaker posted better-than-expected first-quarter earnings largely due to strong pickup truck sales in its core U.S. market.

Mattel Inc jumped 8% after the toymaker beat analysts’ estimates for quarterly revenue, as a more diverse range of Barbie dolls powered sales in the United States.

At 6:52 a.m. ET, Dow e-minis were down 35 points, or 0.13%. S&P 500 e-minis were down 1.5 points, or 0.05% and Nasdaq 100 e-minis were up 10.75 points, or 0.14%.

Among decliners, Intel Corp slumped 7.7% after it cut its full-year revenue forecast and missed quarterly sales estimate for its key data center business.

Rival Advanced Micro Devices declined 0.8%.

Oil majors Exxon Mobil Corp and Chevron Corp are expected to report results later in the day.

(Reporting by Sruthi Shankar and Amy Caren Daniel in Bengaluru; Editing by Anil D’Silva)

Source: OANN

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General view of a destroyed building during World War II is pictured in Warsaw
General view of a destroyed building during World War II is pictured in Warsaw, Poland April 26, 2019. REUTERS/Kacper Pempel

April 26, 2019

By Joanna Plucinska

WARSAW (Reuters) – Germany could owe Poland more than $850 billion in reparations for damages it incurred during World War Two and the brutal Nazi occupation, a senior ruling party lawmaker said.

Some six million Poles, including three million Polish Jews, were killed during the war and Warsaw was razed to the ground following a 1944 uprising in which about 200,000 civilians died.

Germany, one of Poland’s biggest trade partners and a fellow member of the European Union and NATO, says all financial claims linked to World War Two have been settled.

The right-wing Law and Justice (PiS) has revived calls for compensation since it took power in 2015 and has made the promotion of Poland’s wartime victimhood a central plank of its appeal to nationalism.

PiS has yet to make an official demand for reparations but its combative stance towards Germany has strained relations.

“Poland lost not only millions of its citizens but it was also destroyed in an unusually brutal way,” Arkadiusz Mularczyk, who heads the Polish parliamentary committee on reparations, told Reuters in an interview.

“Many (victims) are still alive and feel deeply wronged.”

His comments come a month before European Parliament elections in which populist and nationalist parties are expected to do well. Poland will also hold national elections later this year, with PiS still well ahead of its rivals in opinion polls.

EU LARGESSE

Mularczyk said the reparations figure could amount to more than 10 times the estimated 100 billion euros ($111 billion) that Poland has received so far in European Union funds since it joined the bloc in 2004.

Germany is the biggest net donor to the EU budget and some Germans regard its contributions as generous compensation to recipient countries like Poland which suffered under Nazi rule.

In 1953 Poland’s then-communist rulers relinquished all claims to war reparations under pressure from the Soviet Union, which wanted to free East Germany, also a Soviet satellite, from any liabilities. PiS says that agreement is invalid because Poland was unable to negotiate fair compensation.

Mularczyk said his committee hoped to complete its report on the reparations issue by Sept. 1, the 80th anniversary of Hitler’s invasion.

Accusing Berlin of playing “diplomatic games” over the issue, he said: “The matter is being swept under the rug (by Germany) … until it’ll be wiped from the memory, from people’s awareness.”

His comments come after the Greek parliament voted this month to seek billions of euros in German reparations for the Nazi occupation of their country.

(Additional reporting by Anna Wlodarczak-Semczuk, Editing by Justyna Pawlak and Gareth Jones)

Source: OANN

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FILE PHOTO - Otto Frederick Warmbier is taken to North Korea's top court in Pyongyang North Korea
FILE PHOTO – Otto Frederick Warmbier (C), a University of Virginia student who was detained in North Korea since early January, is taken to North Korea’s top court in Pyongyang, North Korea, in this photo released by Kyodo March 16, 2016. Mandatory credit REUTERS/Kyodo/File Photo

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said the United States did not pay any money to North Korea as it sought the release of comatose American student Otto Warmbier.

The Washington Post reported on Thursday that Trump had approved payment of a $2 million bill from North Korea to cover its care of the college student, who died shortly after he was returned to the United States after 17 months in a North Korean prison.

(Reporting by Makini Brice and Susan Heavey)

Source: OANN

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