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5 found dead in Pennsylvania apartment, mother and daughter arrested: police

A mother and daughter in Pennsylvania were arrested and charged Monday night for allegedly killing five family members -- including two children -- whose bodies were found during a wellness check, according to local reports.

Police said they discovered the bodies in a Bucks County apartment around 5:30 p.m. A neighbor had requested a wellness check after not seening the family for a week, Action News reported.

Shana S. Decree, 45, and Dominique Decree, 19, the mother and daughter, were transported to the hospital for unspecified reasons and later arrested, police said. It wasn't immediately clear how the family members died. Morrisville Chief of Police told Levittownnow.com that "there were no obvious signs of trauma."

TEXAS COUPLE ARRESTED AFTER BODY OF DAUGHTER, 3, FOUND IN ACID-FILLED CONTAINER, POLICE SAY

The family members were identified as Shana Decree’s children: Naa’Irah Smith, 25, a 13-year-old, her sister Jamilla Campbell, 42, and Campbell’s twin daughters, Imani and Erika Allen, both 9, according to Action News. Police said they are searching for Jamilla Campbell’s 17-year-old son, Joshua Campbell, but he is not considered a suspect.

“This is a terrible tragedy. I just spoke with the family of the five of the deceased and we’re all heartbroken,” Bucks County District Attorney Matthew Weintraub told reporters Monday night.

The mother and daughter face five counts of homicide and one count each of conspiracy, the Bucks County Courier Times reported, citing Weintraub. Police are continuing an investigation, the report said.

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Morrisville is located near the border of New Jersey and is about 35 miles northeast of Philadelphia.

This is a developing story. Check back for updates.

Source: Fox News National

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Chicago mayor demands answers after Smollett hoax charges dropped

FILE PHOTO: Actor Jussie Smollett leaves court after charges against him were dropped by state prosecutors in Chicago
FILE PHOTO: Actor Jussie Smollett leaves court after charges against him were dropped by state prosecutors in Chicago, Illinois, U.S. March 26, 2019. REUTERS/Kamil Krzaczynski/File Photo

March 27, 2019

(Reuters) – Chicago Mayor Rahm Emanuel on Wednesday said he wanted to “find out what happened” that caused prosecutors to abruptly drop charges that had accused “Empire” actor Jussie Smollett of staging a hoax hate crime to boost his career.

The Smollett saga began in January when the actor, who is black and gay, said two men had attacked him on a Chicago street, putting a noose around his neck and shouting racist and homophobic slurs. Prosecutors later accused him of paying two men to carry out an attack they called a hoax but abruptly dropped the charges on Tuesday.

“Let’s get to the bottom of this,” Emanuel said in an ABC News interview. “Let’s find out what happened.”

Emanuel said Smollett had “abused” the city of Chicago, a day after the actor walked out of court saying he had been vindicated in insisting he had not staged a racist assault against him in January.

Smollett had been charged with 16 felony counts of disorderly conduct alleging he gave false accounts of an attack on him to police investigators.

On Tuesday, the Cook County State’s Attorney’s office said it stood by its accusation against Smollett but was dropping all the charges, saying the actor’s prior community service and his agreeing to forfeit his $10,000 bond was a just outcome.

“The state’s attorney’s office is saying he’s not exonerated, he actually did commit this hoax. He’s saying he’s innocent and his words are true,” Emanuel said in the ABC interview. “They better get their stories straight, because this is making fools of all us.”

Emanuel said he would like to see records from the police investigation into the alleged attack made public. “Let’s get to the bottom of this,” he said. “Let’s find out what happened.”

Smollett earned widespread sympathy from celebrities and some Democratic presidential candidates over his account of the alleged assault.

But police arrested Smollett on Feb. 21, accusing the actor of paying two brothers $3,500 to stage the attack in an effort to use the notoriety to advance his career.

On Tuesday, Chicago Police Superintendent Eddie Johnson also criticized the prosecutor’s decision, saying it did not serve justice.

Smollett had pleaded not guilty to the charges, and told reporters on Tuesday he had been “truthful and consistent” in maintaining his innocence.

His lawyers said he hopes to move on with his acting career, but it remains unclear whether he will return to “Empire” after being written out of the last two episodes of the most recent season.

(Reporting by Jonathan Allen in New York; Editing by Bill Berkrot)

Source: OANN

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Buffett’s Suncor bet to revive investor interest in Canadian energy

FILE PHOTO: A Suncor refinery is seen in Sherwood Park
FILE PHOTO: A Suncor refinery is seen in Sherwood Park, near Edmonton, Alberta, Canada, November 13, 2016. REUTERS/Chris Helgren/File Photo

February 20, 2019

By John Tilak and Fergal Smith

TORONTO (Reuters) – Berkshire Hathaway Inc’s re-investment in Suncor Energy Inc highlights the benefits of being an integrated oil company and could revive investor interest in the languishing Canadian energy sector, fund managers said.

The move is also seen by some as a wager the energy sector could benefit from a change in the guard in Canada’s oil-rich Alberta province, which has an election this year.

Berkshire’s new 0.7 percent stake in Suncor, valued at C$488 million ($370.54 million) at current prices, is already worth 23 percent more since Berkshire bought it in the last quarter. It comes more than two years after it sold for $618 million a 1.4 percent stake it had bought in 2013 and added to in 2015.

Its re-entry is seen by analysts as a validation that Canada’s biggest oil and gas company has catalysts – such as a new incoming CEO and the eventual removal of Alberta oil curtailments – that could propel the stock higher.

Berkshire has not publicly discussed its reasons for its recent investment in Suncor, and did not comment when reached by Reuters.

While a bet on Suncor is not seen as a play on the entire industry, major Berkshire shareholder Warren Buffett’s stature as a value investor is expected to prompt other funds to wade back into the Canadian energy sector.

“People always pay attention when Warren Buffett makes a play, and I don’t think it will be any different this time around,” said Mike Archibald, associate portfolio manager at AGF Investments Inc.

“It’s a great signal that foreign capital is starting to flow back to Canada as this will ultimately be the main driver of stock prices.”

Investors and some foreign majors have shunned Canada’s oil patch in recent years due to high production costs, environmental concerns, and difficulties moving crude due to clogged pipelines.

BETTER PLACED

Berkshire has largely avoided big-cap energy stocks with the exception of an investment in Exxon Mobil Corp, which it owned for more than a year before selling the more than $3 billion stake in late 2014 as oil prices fell.

Suncor, however, is positioned to weather more adverse market conditions than many producers because it owns refineries and has committed pipeline space, allowing it to access U.S. markets.

“Berkshire is typically a countercyclical value investor, so we are not surprised the interest was renewed in a name like Suncor,” said Cavan Yie, portfolio manager at Manulife Asset Management, which manages about $364 billion in assets. Suncor is one of his largest positions.

“Suncor is somewhat insulated from these risks given the fact that they have a strong downstream operation, which financially benefits from oil bottlenecks and that is unique to Suncor, which you can’t get with many other companies in the energy space.”

Suncor shares are up 23 percent year-to-date giving it a $54.6 billion market value, compared with 11 percent for the Toronto Stock Exchange 300 Composite Index.

Buffett has found an “attractive entry point for an out-of-favor sector” and a “good high-quality company that is industry leading”, said Brian Pow, vice president of research and equity analyst at Acumen Capital Finance Partners.

In another Canadian investment, Buffett bought into Home Capital in 2017 when the Canadian alternative mortgage lender was under pressure and made a big profit by largely exiting the position late last year.

Some investors are betting that a change in government in Alberta after a spring election could benefit the oil industry. The governing New Democrats have taken big steps to help the industry, including leasing rail cars this week to move oil, but badly needed pipelines remain stalled due to opposition from environmentalists.

“While a new governing party may not change the actual end outcomes of the pipeline discussion, it may provide some optimism that a new set of solutions will be pursued,” AGF’s Archibald said.

(Reporting by John Tilak and Fergal Smith in Toronto,; Additional reporting by Jonathan Stempel in New York and Rod Nickel in Winnipeg, Manitoba; Editing by Susan Thomas)

Source: OANN

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Politico: Some Dems May Be Faking Push for Spanish Votes

Amid a 2020 political courtship of Spanish-speaking voters, particularly amid President Donald Trump's crackdown on illegal immigration and English-only campaign, some Democrats are not making the grade with their Spanish-language campaign websites, according to a Politico report.

"The crowded early field of presidential contenders wants to court Latino voters, an essential segment of the Democratic base, with Spanish-language campaign websites," according to the report Sunday. "But not all of them remembered to turn on spell check."

The report honed in on the Spanish campaign website translations from the English versions, grading the candidates for accuracy to a native Spanish speaker, as Politico's Jesus Rodriguez reported.

"Using Google to translate Spanish text into English is a trick used by high school students to avoid doing their Spanish homework — not something you'd expect to see from candidates for the highest office in the land," Rodriguez wrote.

"Yet several Democratic White House hopefuls appear to be doing precisely that. They're posting passages in Spanish on their websites that bear striking similarities to the output from Google's translation service, appearing to perform only minor cleanup before publishing the copy on their sites.

"While Google Translate can serve as a workable starting point, more often than not it needs a human hand to produce Spanish that would pass muster with a native speaker."

Here is Rodriguez's report card top to bottom:

  • Sen. Cory Booker, D-N.J.: A- – "Largely error-free, only minor typos."
  • Rep. Tulsi Gabbard, D-Hawaii: A- – "Largely error-free, only minor typos."
  • Sen. Kamala Harris, D-Calif.: A- – "Shown improvement over the semester."
  • Gov. Jay Inslee, D-Wash.: A- – "Good use of technical language on climate change."
  • Texas Democrat Julián Castro: B+ – "Overall good, needs closer attention to detail, see input forms etc."
  • Sen. Kirsten Gillibrand, D-N.Y.: B+ – "Needs to clean up headlines, translate videos."
  • Sen. Elizabeth Warren, D-Mass.: C+ – "Has shown dramatic improvement, but errors remain."
  • Sen. Amy Klobuchar, D-Minn.: C – "A vast majority of the text directly matches the Google Translate output, leading to errors."
  • Texas Democrat Beto O'Rourke: I – "Incomplete, only translated the landing page to Spanish."
  • Sen. Bernie Sanders, I-Vt.: I – "Incomplete, has only translated the landing page to Spanish."
  • Democratic South Bend, Indiana, Mayor Pete Buttigieg: F – "No Spanish website."
  • Ex-Rep. John Delaney, D-Md.: F – "No Spanish website."
  • N.Y. Democrat Andrew Yang: F – "No Spanish website."

Source: NewsMax Politics

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Ukraine sees World Bank-backed loan this year: finance minister

Newly-appointed Ukrainian Finance Minister Oksana Markarova attends a parliament session in Kiev
FILE PHOTO: Newly-appointed Ukrainian Finance Minister Oksana Markarova attends a parliament session in Kiev, Ukraine November 22, 2018. REUTERS/Valentyn Ogirenko

April 15, 2019

By Andrei Makhovsky

KIEV (Reuters) – Ukraine hopes to raise new sovereign debt backed by a guarantee from the World Bank again this year though the size of the issue has not been decided yet, Finance Minister Oksana Markarova told Reuters on Monday.

The World Bank, International Monetary Fund and other bodies support Ukraine’s war-scarred economy with loan agreements conditional on Kiev passing reforms and tackling corruption.

The country borrowed 529 million euros under World Bank guarantee in March after securing a new standby loan agreement from the IMF late last year. It expects to receive two IMF loan tranches worth a combined $2.5 billion in May and November.

Investors are also watching whether Ukraine will continue to pass reforms while holding a presidential election this April and a parliamentary election in October.

“We are working with the World Bank on the next guarantee. We would like to (get the loan) this year. We are working on the maximum possible amount, but it is too early to say specific figures,” Markarova said.

“About the IMF program: everything goes well on the implementation of the program,” she told Reuters on the sidelines of a business conference.

(Reporting by Andrei Makhovsky; Writing by Matthias Williams; Editing by Hugh Lawson)

Source: OANN

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Chuck Todd: Mueller Report Will Be Dems’ Rallying Cry

Special counsel Robert Mueller's report on Russian influence in the 2016 election will be the rallying cry for Democrats much like the controversy over Hillary Clinton's deleted emails was a touchstone for Republicans, MSNBC host Chuck Todd said Thursday.

"This feels like the email fights with Clinton," Todd said in a panel discussion on "MTP Daily." "This feels like [the] Mueller report is going to be the, 'But her emails.' So, it will be 'But the Mueller report' when it comes to [President Donald] Trump."

Panelist Michael Steel, former chief of staff to former House Speaker John Boehner, R-Ohio, agreed.

"You're exactly right," Steel said. "It's like Hillary Clinton's emails that it's big and hairy and complicated. And people with real jobs and lives don't understand the in's and out's of it. They have their opinion one way or the other. And it's not changing."

Todd also argued Trump  lawyer Rudy Giuliani had a point when he said the internal pushback to Attorney General William Barr's four-page summation on Mueller report is the work of "disgruntled Mueller staffers who are rabid democratic supporters."

"While his credibility at times can be hot and cold, the fact is . . . he was able to look credible in this statement," Todd said, citing Giuliani's point the special counsel's office would have publicly disputed Attorney General William Barr's summary, as it did a BuzzFeed report in January, if there was a "significant difference."

A video clip of the exchange was posted by Mediaite.

Source: NewsMax America

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Suspect caught on camera stealing thousands from gambling machine, Atlanta cops say

Authorities in Atlanta are searching for a gambler they say stole $7,900 in cash earlier this month from a gambling machine at a Shell gas station.

The incident occurred at 2 a.m. on April 6, according to a Fox 5 Atlanta report. The suspect could be seen reaching into what looks like a variation of a slot machine, police said. A store clerk reported the incident to police.

The suspectwas described by police as skinny with a low haircut. He was wearing a gray dress shirt and gray pants.

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Authorities are asking the public to identify the suspect and said to call 404-577-8477 with any details.

Source: Fox News National

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The headquarters of Wirecard AG is seen in Aschheim near Munich
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder

April 26, 2019

BERLIN (Reuters) – Wulf Matthias will not stand for a second term as Wirecard’s chairman in 2020, German daily Handelsblatt said on Friday, citing sources in the financial industry.

For age reasons alone this would not be an option for Matthias, aged 75, Handelsblatt added.

Matthias will keep his mandate until it ends in 2020, the paper quoted a company spokeswoman as saying.

Wirecard was not immediately available for comment when contacted by Reuters.

(Reporting by Tassilo Hummel; Editing by Thomas Seythal)

Source: OANN

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FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva
FILE PHOTO: The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse/File Photo

April 26, 2019

ZURICH (Reuters) – Shareholders approved Credit Suisse’s 2018 compensation report with an 82 percent majority on Friday, overriding frustrations expressed at its annual general meeting over jumps in executive pay during a year its share price plummeted.

Three shareholder advisers had recommended investors vote against Switzerland’s second-biggest bank’s remuneration report, while a fourth backed the report but expressed reservations about whether management pay matched performance.

The approval marked a slight increase over the 80.8 percent support garnered for the bank’s 2017 compensation report.

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields)

Source: OANN

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FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London
FILE PHOTO: Traders work on the trading floor of Barclays Bank at Canary Wharf in London, Britain December 7, 2018. REUTERS/Simon Dawson/File Photo

April 26, 2019

By Simon Jessop and Sinead Cruise

LONDON (Reuters) – Activist investor Edward Bramson is likely to fail in his attempt to get a board seat at Barclays’ annual meeting next week, even though shareholders are dissatisfied with performance of the group’s investment bank.

New York-based Bramson’s Sherborne Investors and the board of the British bank have been sparring for months over Barclays’ strategy.

Bramson wants to scale back Barclays’ investment bank to reduce risk and boost shareholder returns. Barclays Chief Executive Jes Staley remains staunchly committed to growing the business out of trouble.

After failing to persuade Staley to change course since he began building a 5.5 percent stake in the bank in March last year, Bramson hopes a board seat will rachet up the pressure.

Both sides have written to shareholders pitching their case and Bramson has courted investors in one-on-one meetings, although none have publicly backed him yet.

Interviews by Reuters with five institutional investors in Barclays suggest Bramson has failed to persuade them.

Sherborne declined to comment.

Mirza Baig, head of investment stewardship at top-40 shareholder Aviva Investors, said Bramson was welcome on the bank’s register but the boardroom was a step too far.

“He has created a lot of value at other businesses, but, generally, when he has come in as executive chair and taken full control. This would be a different case where he would just be one lone voice on the board,” he said.

A second Barclays shareholder said he backed Bramson’s goal of improving returns but via an “evolutionary” approach.

“If you look at banks that have tried to restructure their operations in investment banking – you look at Natwest Markets, Deutsche Bank – I struggle to think of an example where a roughshod restructuring has been accretive to shareholder value.”

A third, top-30 investor said he had been impressed by incoming Chairman Nigel Higgins’ grasp of the challenge in hand, and felt investors would give him time.

“Management know they have to execute and deliver improved returns… [Higgins] will continue to re-shape the board but obviously he didn’t feel that having someone with a diametrically opposed view on it would be helpful.”

A fourth, top-30 investor agreed: “We voted for the chairman to come in and it would be crazy to allow an activist to join the board (at this time).”

Jupiter Fund Management, the 24th largest investor, said it also planned to vote against Bramson.

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

Since Staley joined Barclays in 2015, the investment bank returns relative to capital invested have increased but are still underperforming the overall business.

Barclays’ first-quarter figures showed the investment bank posted a 6 percent drop in income from its markets business and a 17 percent fall in banking advisory fees.

Returns in the investment bank fell to 9.5 percent from 13.2 percent a year ago.

Famed for successful campaigns against smaller British companies in sectors from chemicals to advertising, Bramson’s board seat pitch has been rebuffed by shareholder advisory firms.

Institutional Shareholder Services, the world’s biggest, said Bramson’s proposal “falls short of what can reasonably be expected from a shareholder trying to address issues at a 28 billion pounds, systemically important bank”.

Glass Lewis also flagged concern about Bramson’s lack of banking experience and “questionable” shareholding structure, referring to Sherborne’s use of derivative contracts to hedge losses should its strategy fail.

Critics said the arrangement meant his interests are not truly aligned with those of other long-term shareholders.

British advisory firm Pirc, however, said it recommended that investors abstain in the vote on Bramson’s proposal as a challenge to the board to do better in the year ahead – or face a similar contest in 2020.

(Editing by Jane Merriman)

Source: OANN

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https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

After an over 15-month pregnancy, “Akuti,” a 7-year-old Greater One Horned Indian Rhinoceros, gave birth as a result of induced ovulation and artificial insemination at Zoo Miami, April 23, 2019.

Ron Magill/Zoo Miami

https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/04/918/516/02_2.jpg?ve=1&tl=1

Source: Fox News World

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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