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Accrediting board rejects appeal from North Carolina school

Officials at a historically black private women's college in North Carolina have lost their appeal to have its accreditation restored.

News outlets report The Southern Association of Schools Commission on Colleges announced Friday that a panel had rejected Bennett College's appeal, which was heard earlier this week.

The decision leaves Bennett without accreditation for now. There was no immediate reaction from the school.

School leaders have said previously that they will sue the agency. In previous instances, the commission has responded to lawsuits by agreeing to extend accreditation to let the legal process develop.

Bennett embarked on a fundraising campaign to maintain its accreditation and raised nearly $10 million. Nearby High Point University President Nido Qubein announced earlier this month that his school would donate $1 million to Bennett.

Source: Fox News National

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Oil prices ease on expectation that OPEC will raise output

FILE PHOTO: The sun sets behind a pump-jack outside Saint-Fiacre
FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France March 28, 2019. REUTERS/Christian Hartmann

April 26, 2019

By Henning Gloystein

SINGAPORE (Reuters) – Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a tightening of sanctions by the United States against Tehran.

Brent crude futures were at $74.09 per barrel at 0029 GMT, down 26 cents, or 0.4 percent, from their last close.

U.S. West Texas Intermediate (WTI) crude futures were at $64.82 per barrel, down 39 cents, or 0.6 percent, from their previous settlement.

The dip followed Brent’s rise above $75 per barrel for the first time this year on Thursday after Germany, Poland and Slovakia suspended imports of Russian oil via a major pipeline, citing poor quality. The move cut parts of Europe off from a major supply route.

But prices were already gaining before the Russian disruption, driven up by supply cuts led by the Middle East dominated Organization of the Petroleum Exporting Countries (OPEC) and U.S. sanctions against Venezuela and Iran. Crude futures are up around 40 percent so far this year.

Washington said on Monday it would end all exemptions for sanctions against Iran, demanding countries halt oil imports from Tehran from May or face punitive action from Washington.

To make up for the shortfall from Iran, the United States is pressuring OPEC’s de-facto leader Saudi Arabia to end its voluntary supply restraint.

“The U.S. will continue to pressure Saudi Arabia to lift its production to cover the supply gap,” said Alfonso Esparza, senior market analyst at futures brokerage OANDA.

Energy consultancy FGE said “the need is now very apparent for OPEC+ to take action and increase production” in order to keep markets well supplied and prevent prices from spiking.

Despite U.S. efforts to drive Iranian oil exports down to zero, many analysts expect some oil to still seep out of the country.

“A total of 400,000 to 500,000 barrels per day of crude and condensate will continue to be exported,” said FGE, down from around 1 million bpd currently.

Most of this oil would be smuggled out of Iran or go to China despite the sanctions.

China, the world’s biggest buyer of Iranian oil, this week formally complained to the United States over its unilateral Iran sanctions.

(Reporting by Henning Gloystein; editing by Richard Pullin)

Source: OANN

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Patriots owner Kraft offered plea deal in Florida prostitution case

Billionaire New England Patriots owner Robert Kraft is being offered a deferred prosecution plea deal to resolve charges accusing him of paying twice for sex with a prostitute at a Florida shopping center massage parlor.

The deal would allow Kraft and 24 other men charged in the Orchids of Asia Spa prostitution case in Palm Beach County to enter a program for first offenders in exchange for an admission they would be found guilty, a prosecution spokemsan said Tuesday.

“The offer of a deferred prosecution agreement with several conditions to first time offenders is standard in cases like this,” Palm Beach State Attorney David Aronberg said.

He denied a Wall Street Journal report that described the plea offer as an “unusual deal” because it would require an admission of guilt if the case went to trial.

NEARLY $200G, SURVEILLANCE EQUIPMENT SEIZED FROM FLORIDA SPA LINKED TO ROBERT KRAFT CASE, RECORDS SHOW

Aronberg spokesman Mike Edmonson said those who enter the program would be required to perform 100 hours of community service, attend a class on the dangers of prostitution and pay $5,000 per count. Kraft was charged with two counts last month.

Upon completion of the program, misdemeanor soliciting prostitution charges would be dropped. Edmonson said none has accepted so far.

Kraft has denied wrongdoing.

One of his attorneys, Jack Goldberger, did not immediately return a call from the Associated Press seeking comment.

Another, William Burck, did not immediately return a call from Fox News.

Patriots spokesman Stacey James said the team would have no comment.

FOUNDER OF SPA WHERE ROBERT KRAFT WAS ACCUSED OF SOLICITING PROSTITUTION ATTENDED TRUMP’S SUPER BOWL PARTY: REPORT

About 300 men have been charged and ten massage parlors closed in multiple counties between Palm Beach and Orlando as part of a crackdown on illicit massage parlors and human trafficking. Several operators and employees have also been charged.

Police said in court papers that Kraft, 77, was captured by a hidden camera paying for sex at Orchids of Asia on Jan. 19 and Jan. 20. Police installed the camera as part of the investigation.

Hours later, Kraft was in Kansas City for a playoff game. His team then won the Super Bowl in Atlanta, the Patriots' sixth NFL championship under his ownership.

Court papers say many of the workers at the massage parlors targeted in the investigation were forced to live at the spas and were not allowed to leave without an escort.

The Associated Press contributed to this report.

Source: Fox News National

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Japan agrees to fund Sri Lanka's light railway system

Sri Lanka's finance ministry says Japan has agreed to provide a loan to build the first light railway system aimed at easing traffic congestion in the capital city of Colombo.

In a statement Tuesday, the ministry says the loan will be granted in six stages until 2024 for the $1.8 billion project that will begin this year.

It said an agreement to release the first instalment of $260 million was signed Monday between the Japan International Cooperation Agency, which coordinates official development assistance, and Sri Lanka's finance ministry.

The loan comes as Sri Lanka struggles to repay $5.9 billion in foreign loans this year, of which 40 percent needs to be serviced during the first three months.

Source: Fox News World

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Japan tells global finance leaders sales tax to rise as scheduled

U.S. Treasury Secretary Steven Mnuchin and Japanese Finance Minister Taro Aso attend the IMF and World Bank's 2019 Annual Spring Meetings, in Washington
U.S. Treasury Secretary Steven Mnuchin and Japanese Finance Minister Taro Aso attend the IMF and World Bank's 2019 Annual Spring Meetings, in Washington, April 13, 2019. REUTERS/James Lawler Duggan

April 13, 2019

By Leika Kihara

WASHINGTON (Reuters) – Japanese Finance Minister Taro Aso on Saturday pledged to global finance leaders that Tokyo will forge ahead with a scheduled sales tax hike in October, even as weakening global growth darkened the outlook for the export-reliant economy.

There is simmering speculation Prime Minister Shinzo Abe may put off the twice-postponed increase in the sales tax, as he faces an upper house election later this year amid increasing signs of weakness in the economy.

The premier has repeatedly said the hike will proceed this time unless Japan is hit by a shock to the scale of the collapse of Lehman Brothers in 2008.

Aso made no such qualification in pledging to hike the rate.

“We will increase the consumption tax rate from 8 percent to 10 percent this October,” Aso said in a statement delivered to the International Monetary Fund’s steering committee.

“Through this tax rate hike, we will not only achieve fiscal consolidation over the medium- to long-term, but also realize inclusive growth” by using some of the proceeds to provide free early-childhood education.

While the slowdown in global growth is weighing on Japan’s economy, its fundamentals remain robust as a tight job market and strong corporate earnings underpin private consumption and capital expenditure, Aso said.

“The Japanese economy as a whole continues to recover moderately, primarily led by domestic demand,” he said.

Raising the sales tax rate is considered important for Japan to rein in its huge public debt, which is twice the size of its economy, and pay for the rising cost of financing welfare for a rapidly aging population.

The IMF has proposed that Japan should increase fiscal spending, instead of putting off the tax hike, if risks to the economy materialize.

A recent Reuters poll showed most economists expect Japan to go ahead with the higher levy.

(Reporting by Leika Kihara; Editing by Andrea Ricci)

Source: OANN

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Judge orders community service for man who burned animal

A South Florida judge ordered a 19-year-old to serve five years of probation and community service as punishment for setting a caged animal on fire and feeding it to his dogs.

Prosecutors had sought jail time for Roberto Hernandez after the acts were caught on surveillance video, saying the animal was a stray cat and calling it a "brutal case."

The Miami Herald reported that Circuit Judge Nushin Sayfie said she believed Hernandez, who claimed the animal was actually a rabid raccoon that reportedly had been attacking farm animals.

Sayfie said that although she doesn't think a raccoon should be treated that way, she based her decision on Hernandez's age and the fact that prosecutors rarely seek such jail sentences for first-time offenders charged with third-degree felonies.

Hernandez had no prior criminal history.

Source: Fox News National

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China says trade talks with US ‘moving forward’

China says trade talks with the U.S. are "moving forward" after nine rounds of consultations aimed at ending a standoff that has shaken the world economic outlook.

Foreign Ministry spokesman Lu Kang on Thursday said the latest discussions had achieved "new substantial progress."

The three days of talks in Washington last week dealt with issues including technology transfer, intellectual property rights protection, non-tariff measures, agriculture and enforcement of agreements.

Leading the delegations are U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He.

Lu says China hopes the sides could keep working to address concerns "on the basis of mutual respect, equality and mutual benefit." White House press secretary Sarah Sanders earlier said "significant work remains" before an agreement can be reached.

Source: Fox News National

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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Good morning and welcome to Fox News First. Here’s a look at what you need to know today …

EXCLUSIVE: Trump says ‘Sleepy Joe’ Biden doesn’t have what it takes

President Trump, in a wide-ranging, exclusive phone interview with Fox News’ Sean Hannity, dismissed the launch of former Vice President Joe Biden’s presidential campaign, nicknaming him “Sleepy Joe” and saying he’s “not the brightest bulb.” Biden, the president said, has name recognition but he won’t “be able to do the job.” When asked about Sen. Bernie Sanders, I-Vt., Trump criticized his record, saying Sanders had “misguided energy” and asserted that Sanders “talks a lot” but hasn’t accomplished anything. The president referred to former U.S. Rep. Beto O’Rourke of Texas as “a fluke” who had lost much momentum and outright dismissed Sen. Kamala Harris, D-Calif., and South Bend, Ind., Mayor Pete Buttigieg — although he said he was “rooting” for Buttigieg. (Trump could address Biden and the other Democratic presidential candidates when he speaks today before the National Rifle Association.)

The Democratic Party’s youth movement: Biden’s biggest challenge?
Former Democratic National Committee (DNC) chair Howard Dean warned Joe Biden about the troubles he may face in his presidential campaign, especially from the “35-year-olds” who Dean says have been running the party — a clear nod to Rep. Alexandria Ocasio-Cortez, D-N.Y., and fellow freshmen Democrats. “This is a very different party than even the party Joe Biden ran in in 2012. Very different,” Dean continued. “A lot of people could win this race. There’s 20 people in there. I think it’s going to take $20 million to get to the starting line. If you can’t raise $20 million, you’re gone, and I think that’s going to take care of about six or eight of these folks. … But it is not the same party that it was five years ago.” A progressive political group that boosted Ocasio-Cortez’s bid for Congress last year vowed to oppose Biden and blasted him as part of the “old guard.”

More tales from the FBI texts
Text messages between former FBI officials Peter Strzok and Lisa Page indicate they discussed using briefings to the Trump team after the 2016 election to identify people they could “develop for potential relationships,” track lines of questioning and “assess” changes in “demeanor” – language one GOP lawmaker called “more evidence” of irregular conduct in the original Russia probe. Fox News has learned the texts, initially released in 2018 by a Senate committee, are under renewed scrutiny, with GOP Sen. Chuck Grassley and Homeland Security Committee chair Ron Johnson sending a letter Thursday night to Attorney General Bill Barr pushing for more information on the matter. President Trump, speaking on Fox News’ “Hannity” Thursday night, responded to this report by accusing Strzok and Page of an attempted “coup.” “They were trying to infiltrate the administration,” he said.

Kim accuses US of acting in ‘bad faith’
North Korean leader Kim Jong Un, fresh off his summit with  Russian President Vladimir Putin, said the U.S. has been acting in “bad faith” since his Hanoi meeting with President Trump over the stalemated issue of North Korean denuclearization. The North Korean leader told the Korean Central News Agency that, “the situation on the Korean Peninsula and the region is now at a standstill and has reached a critical point,” the Straits Times of Singapore reported. Kim warned that the situation “may return to its original state as the U.S. took a unilateral attitude in bad faith at the recent second DPRK-US summit talks,” the Korean Central News Agency added.

NFL Draft 2019: It’s all about defense
The first round of the 2019 NFL Draft saw a run on defensive players, with eight of the top 12 picks in Nashville coming from that side of the ball. After Oklahoma quarterback Kyler Murray was taken first overall by the Arizona Cardinals, the San Francisco 49ers started a run of four straight front-seven players by taking Ohio State defensive end Nick Bosa with the second overall pick — the highest draft slot for any Buckeye since left tackle Orlando Pace went No. 1 overall to the St. Louis Rams in 1997.

CLICK HERE TO GET THE FOX NEWS APP.

TODAY’S MUST-READS
Fox News’ Ed Henry recalls spending time with Celtics great John Havlicek.
Massachusetts judge accused of helping illegal immigrant evade ICE pleads not guilty.
Rosenstein slams Obama administration for choosing ‘not to publicize full story’ of Russia hacking.
F.H. Buckley: What Democrats have forgotten about citizenship.

MINDING YOUR BUSINESS
Amazon crushes earnings expectations, but revenue growth slows.
Low-tax states among best places to make a living in 2019.
Construction job market booming: These states are hiring.

#TheFlashback
2018: Bill Cosby is convicted of drugging and molesting Temple University employee Andrea Constand at his suburban Philadelphia mansion in 2004; it is the first big celebrity trial of the #MeToo era.
1986: An explosion and fire at the Chernobyl nuclear power plant in Ukraine causes radioactive fallout to spew into the atmosphere. (Dozens of people are killed in the immediate aftermath of the disaster while the long-term death toll from radiation poisoning is believed to number in the thousands.)
1977: Notorious nightclub Studio 54 opens in New York.

SOME PARTING WORDS

Watch the “Special Report” panel take a look at former Vice President Joe Biden’s decision to run for president a third time and the battle for the “soul” of America.

Not signed up yet for Fox News First? Click here to find out what you’re missing.

CLICK HERE to find out what’s on Fox News programming today and over the weekend!

Fox News First is compiled by Fox News’ Bryan Robinson. Thank you for joining us! Have a good day and weekend! We’ll see you in your inbox first thing Monday morning.

Source: Fox News National

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Joe Biden’s brain surgeon said his former patient is “totally in the clear” as speculation over the candidate’s health — with Biden possibly becoming the oldest president in U.S. history — is likely to become a campaign issue.

The former vice president, who had been perceived by many as the strongest potential contender for the Democratic Party’s 2020 presidential nomination, formally announced his candidacy Thursday.

But Biden’s age – 76 – is expected to become a source of attacks from a younger generation of Democrats not because of obvious generational differences, but possibly for actual health concerns if Biden gets into office.

WHY THE MEDIA ARE CONVINCED JOE BIDEN WILL IMPLODE

Biden himself agreed last year that “it’s totally legitimate” for people to ask questions about his health if he decides to run for president, given his medical history — which has included brain surgery in 1988.

“I think they’re gonna judge me on my vitality,” Biden told “CBS This Morning.” “Can I still run up the steps of Air Force Two? Am I still in good shape? Am I – do I have all my faculties? Am I energetic? I think it’s totally legitimate people ask those questions.”

“I think they’re gonna judge me on my vitality. …  I think it’s totally legitimate [that] people ask those questions.”

— Joe Biden

But Dr. Neal Kassell, the neurosurgeon who operated on Biden for an aneurysm three decades ago, told the Washington Examiner that Biden appears to be “totally in the clear” — and even joked that the operation made Biden “better than how he was.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it,” Kassell said. “That’s more than I can say about all the other candidates or the incumbents.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it.”

— Dr. Neal Kassell

BIDEN’S CLAIM HE DIDN’T WANT OBAMA TO ENDORSE TRIGGERS MOCKERY

At the same time, however, Biden hasn’t been forthcoming about his health at least since 2008 when he released his medical records as a vice presidential candidate. The disclosure that time revealed some fairly minor issues such as an irregular heartbeat in addition to detailing previous operations, including removing a benign polyp during a colonoscopy in 1996, the outlet reported.

It remains unclear if Biden had more aneurysms. Some medical experts say that people who have had an aneurysm can have another one.

An aneurysm, or a weakening of an artery wall, can lead to a rupture and internal bleeding, potentially placing a patient’s life in jeopardy.

Biden won’t be the only Democrat grappling with old age. Sen. Bernie Sanders, another 2020 frontrunner, is currently 77 years old and agreed with Biden last year that their ages will be an issue in the race.

“It’s part of a discussion, but it has to be part of an overall view of what somebody is and what somebody has accomplished,” Sanders told Politico.

“Look, you’ve got people who are 50 years of age who are not well, right? You’ve got people who are 90 years of age who are going to work every day, doing excellent work. And obviously, age is a factor. But it depends on the overall health and wellbeing of the individual.”

CLICK HERE TO GET THE FOX NEWS APP

Sanders released his medical records in 2016, with a Senate physician saying in a letter that the senator was “in overall very good health.”

Source: Fox News Politics

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German carmaker Daimler endured a weak start to the year, echoing troubles at other major manufacturers, as sales in the big Chinese market stuttered.

The company said Friday that its net income fell to 2.1 billion euros ($2.3 billion) in the first quarter from 2.3 billion euros during the same period a year earlier, while revenue dipped to 39.7 billion euros from 39.8 billion euros.

Vehicle sales fell 4% to 773,800 units, with a double-digit percentage drop in China offsetting gains in other markets like the U.S. and Europe.

The company said there were also problems with high inventories and bottlenecks in the supply chain.

Chairman Dieter Zetsche said that “we cannot and will not be satisfied with this — as expected — moderate start to the year.”

Source: Fox News World

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