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US Education Secretary DeVos to visit struggling SC schools

U.S. Secretary of Education Betsy DeVos is visiting a South Carolina area known as the "Corridor of Shame" due to its underperforming schools.

Officials said Wednesday that DeVos plans to travel on Thursday to struggling schools in Florence County. It's one of several dozen districts along Interstate 95 bestowed the nickname "Corridor of Shame" because of their substandard schools.

The visit comes amid ongoing debate on how to improve South Carolina's education system. In his State of the State address last month, Gov. Henry McMaster pledged that "the words 'Corridor of Shame' will be a distant memory."

Politicians and public officials have made pilgrimages to the area, so named after a 2005 documentary that depicted decrepit conditions.

___

Meg Kinnard can be reached at http://twitter.com/MegKinnardAP

Source: Fox News National

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China imports, exports rebound in first half of March: ministry

FILE PHOTO: China's Ministry of Commerce spokesperson Gao Feng attends a news conference at the commerce ministry in Beijing
FILE PHOTO: China's Ministry of Commerce spokesperson Gao Feng attends a news conference at the commerce ministry in Beijing, China, June 19, 2018. REUTERS/Thomas Peter

March 21, 2019

BEIJING (Reuters) – China’s imports and exports rebounded in the first half of March, Gao Feng, a commerce ministry spokesman said on Thursday, adding that the overall trade performance in the first quarter remained stable.

China’s exports tumbled the most in three years in February while imports fell for a third straight month, pointing to a further slowdown in the economy.

(Reporting by Yawen Chen and Beijing Monitoring Desk; Editing by Simon Cameron-Moore)

Source: OANN

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EBay beats quarterly revenue estimates

FILE PHOTO: An eBay sign is seen at an office building in San Jose, California
FILE PHOTO: An eBay sign is seen at an office building in San Jose, California May 28, 2014. REUTERS/Beck Diefenbach

April 23, 2019

(Reuters) – EBay Inc beat Wall Street estimates for quarterly revenue on Tuesday, as the company’s multi-year effort to make its ecommerce platforms more user friendly attracted more customers.

The company reported net revenue of $2.64 billion for the first quarter ended March 31, up 2.4 percent from a year earlier, and beating analysts’ average estimate of $2.58 billion, according to IBES data from Refinitiv.

San Jose, California-based eBay announced a review of its StubHub and eBay Classifieds businesses in March and said it would appoint two new directors to its board as part of an agreement to ease pressure from activist investors.

EBay’s net income rose to $518 million, or 57 cents per share, from $407 million, or 40 cents per share, a year earlier.

The company’s shares rose 5 percent in extended trading.

(Reporting by Arjun Panchadar in Bengaluru; Editing by Sriraj Kalluvila)

Source: OANN

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Credit Suisse CEO Thiam hauls in 12.7 million Sfr 2018 pay package

CEO Thiam of Swiss bank Credit Suisse awaits the company's annual news conference in Zurich
CEO Tidjane Thiam of Swiss bank Credit Suisse awaits the company's annual news conference in Zurich, Switzerland February 14, 2019. REUTERS/Arnd Wiegmann

March 22, 2019

By Brenna Hughes Neghaiwi

ZURICH (Reuters) – Credit Suisse Chief Executive Tidjane Thiam was awarded 12.65 million Swiss francs ($12.74 million) in total compensation in 2018, the group’s annual report showed on Friday.

The 30 percent boost over last year’s award placed him amongst the top earners in the European banking sector, which the bank said reflected his successful stewardship of a three-year turnaround completed in December.

The 12 members of the executive board overall were awarded 93.5 million francs between fixed pay and short- and long-term incentives, which vest over the course of several years and are contingent upon hitting a number of targets.

(Reporting by Brenna Hughes Neghaiwi)

Source: OANN

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British lenders launch joint branches after closure backlash

FILE PHOTO: People walk past a branch of Lloyds Bank on Oxford Street in London
FILE PHOTO: People walk past a branch of Lloyds Bank on Oxford Street in London, Britain July 28, 2016. REUTERS/Peter Nicholls/File Photo/File Photo

March 11, 2019

LONDON (Reuters) – Three of Britain’s biggest banks have agreed to open jointly-owned branches offering basic services to businesses, following a public backlash to deep cuts to their own branch networks.

Royal Bank of Scotland, Lloyds Banking Group and Barclays said they would pilot six so-called ‘Business Banking Hubs’ for their customers across the country.

The hubs will offer extended opening hours but much more limited services – specifically the ability to pay in large volumes of coins, notes and checks and exchange cash – than their regular branches.

Banks have faced criticism over branch closures with the Banking Standards Board saying in November they were damaging small businesses, while campaigners say they disadvantage vulnerable people less able to use online banking services.

A spokesman for NatWest, the biggest unit of RBS, said the joint branches would be staffed during the initial pilot to ensure self-service units were operating correctly, before a final decision is made on the project.

The initiative is unusual as ownership is split three ways and the branches will not carry the brands of any of the three banks. They will be run by cash management vendors G4S and Vaultex.

The modest initial roll-out of business hubs is dwarfed by the number of bank branches closed in Britain in recent years, which has prompted widespread criticism of big banks by lawmakers, businesses and consumer groups.

Britain has lost nearly two thirds of its bank and building society branches over 30 years, with the number falling to just over 7,500 last year, down from 20,500 in 1988, according to research by consumer campaign group Which? in November.

The first Business Banking Hub opened on Monday in Birmingham, with further hubs to open in Manchester, Crosby, London, Leicestershire and Bristol in the coming weeks.

“These business banking hubs mark a welcome step forward, and hopefully are a sign of things to come,” said Mike Cherry, national chairman of the Federation of Small Businesses.

“While the initial raft are largely being opened in urban locations, we look forward to working with lenders on how such hubs can be set-up in the rural areas that need them most.”

Previously major banks tried to plug the gap by offering banking services through Post Office branches or via mobile banking vans.

“We have listened to what our business customers really want from our cash services… we are creating an infrastructure that allows small business owners and entrepreneurs to do what they do best – run their business,” said Alison Rose, deputy chief executive of NatWest.

(Reporting by Iain Withers; editing by Emelia Sithole-Matarise)

Source: OANN

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Watch: Kellyanne Conway Shreds Fake News After Mueller Report Exonerates Trump

White House Counselor Kellyanne Conway destroyed the fake news media at a press conference following Thursday’s release of the Mueller report.

“This is the success of the Democrats in the first 100 days,” Conway began the presser, holding up a blank piece of paper.

Elsewhere in the interview, Conway referred to the FBI Special Counsel’s probe as a “political proctology exam” from which the president emerged with a “clean bill of health,” and told the media it was “time to move on” from the investigation.

“That should make people very good about democracy,” Conway said, referring to the report. “And it should make people feel really great that a campaign I managed to its successful end did not collude with any Russians.”

“We’re accepting apologies today, too,” Conway offered, “for anybody who feels the grace in offering them.”

Speaking to the narrative pushed by the media that the Trump campaign had relied on Russia in order to beat Democrat challenger Hillary Clinton, Conway noted:

“When I needed to find negative information about Hillary Clinton and how to beat her, I looked no further than Hillary Clinton.”

She later elaborated on Twitter: “We had Wisconsin. We didn’t need WikiLeaks. Don’t lose sight of what an awful day this is for awful candidate with awful excuses for running awful campaign.”


Source: InfoWars

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Texas stifles TCU, Lipscomb dumps Wichita State to reach NIT finals

NCAA Basketball: NIT Semifinal-Texas vs TCU
Apr 2, 2019; New York, NY, USA; Texas Christian Horned Frogs center Kevin Samuel (21) and Texas Longhorns guard Courtney Ramey (3) fight for a loose ball in the first half of the NIT semifinals at Madison Square Garden. Mandatory Credit: Wendell Cruz-USA TODAY Sports

April 3, 2019

Kerwin Roach came off the bench to score a game-high 22 points Tuesday night and Texas’ defense did the rest as it avenged two regular-season losses to Big 12 Conference rival TCU with a 58-44 win in the NIT semifinals at Madison Square Garden in New York City.

The second-seeded Longhorns (20-16) will meet fifth-seeded Lipscomb on Thursday night for the championship. The Bisons rallied from an eight-point deficit in the last six minutes to dump Wichita State 71-64 in Tuesday night’s first semifinal.

Garrison Mathews pumped in 34 points for Lipscomb, including the tie-breaking 3-pointer with 1:07 left. Mathews, who scored 44 points in an NIT quarterfinal win at N.C. State, and the high-powered Bisons could have their hands full with the Texas defense.

After stifling Colorado on Wednesday night in a quarterfinal rout, the Longhorns were in shutdown mode again against their in-state rivals. They established a 31-17 halftime lead, holding the top-seeded Horned Frogs (23-14) to their lowest first-half point total of the year.

Desmond Bane’s jumper with 9:08 left in the first half drew TCU within 16-14, but it managed just one field goal after that, a Kendric Davis lane jumper at the 5:13 mark. The Horned Frogs experienced four scoring droughts of at least three minutes in the half.

Meanwhile, Roach and Texas did just enough offensively to establish a working margin that held up over the second half. His consecutive layups gave it a 29-16 advantage with 2:14 remaining, and TCU spent the game’s remainder chasing to no avail.

The Horned Frogs closed within 38-33 with 11:24 left in the game when Kouat Noi stuck back RJ Nembhard’s missed 3-pointer, but Roach and Dylan Osetkowski combined for the next six points. That gave the Longhorns a 44-33 lead with 7:19 remaining.

Osetkowski added 13 for Texas, which won despite hitting only 42.6 percent from the field.

Alex Robinson scored 12 points in his final college game for TCU, which was shooting for its second NIT title in three years. Bane tallied 11.

–Field Level Media

Source: OANN

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Logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes

April 26, 2019

(Reuters) – Exxon Mobil Corp on Friday reported first-quarter profit fell sharply on lower oil and gas prices and weakness in its refining and chemicals businesses that offset modest production gains.

The largest U.S. oil producer’s first quarter earnings fell to $2.35 billion, or 55 cents a share, from $4.65 billion, or $1.09 a share, a year ago.

Analysts had expected Exxon to earn 70 cents per share, according to Refinitiv Eikon estimates.

Shares were trading down about 2.7 percent in premarket trading on Friday.

Exxon’s oil equivalent production rose 2 percent to 4 million barrels per day, up from 3.9 million bpd in the same period the year prior. The company said its output in the Permian Basin, the largest U.S. shale basin, rose 140 percent over a year ago.

(Reporting by Jennifer Hiller; Editing by Chizu Nomiyama)

Source: OANN

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A Baha’i advocacy group has expressed concerns over the fate of minority Baha’is at the hands of Yemen’s Houthi rebels ahead of the appeals hearing for one of the community leaders sentenced to death.

The Baha’i International Community said in a statement Friday that the hearing for Hamed bin Haydara, detained in 2013 and sentenced to death last year on espionage and apostasy charges, is due on Tuesday.

The statement quotes Bani Dugal, the Baha’i community representative at the United Nations, as saying the prosecution hasn’t addressed Haydara’s appeal but is instead making “absurd, wide-ranging accusations.”

International rights groups have decried the prosecution of Yemeni Baha’is by the Iran-backed Houthis.

Iran has banned the Baha’i religion, which was founded in 1844 by a Persian nobleman considered a prophet by followers.

Source: Fox News World

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Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul
Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul, Afghanistan April 26, 2019. REUTERS/Omar Sobhani

April 26, 2019

By Rupam Jain and Hameed Farzad

KABUL (Reuters) – Afghan President Ashraf Ghani encouraged newly-elected lawmakers to participate in the peace process with the Taliban as he opened on Friday the first session of parliament since a controversial election.

Ghani has invited thousands of politicians, religious scholars and rights activists to an assembly known as a loya jirga next week to discuss ways to end the 17-year war.

Several opposition leaders have said they will boycott the four-day assembly in Kabul, saying it was pulled together without their input and is being used by Ghani as he seeks a second term in a September presidential election.

“We have presented the peace plan on a regular basis and we are committed to it,” Ghani said in the first session since parliamentary elections marred by technical problems, militant attacks and accusations of voting fraud last year.

“Based on this plan, there will be no peace deal and negotiation that does not have the green card of the parliament,” he added.

Officials from the United States and the Taliban have held several rounds of talks to end the Afghan war.

U.S. negotiator, Zalmay Khalilzad, has reported some progress toward an accord on a U.S. troop withdrawal and on how the Taliban would prevent extremists from using Afghanistan to launch attacks as al Qaeda did on Sept. 11, 2001.

The insurgents have so far rejected U.S. demands for a ceasefire and talks on the country’s political future that would include Afghan government officials.

The loya jirga, a centuries-old institution used to build consensus among competing tribes, factions and ethnic groups, is an attempt by Ghani to influence the peace talks and cement his position for a second term, Afghan politicians and Western diplomats say.

Amid growing political divisions in Kabul, opposition politicians have demanded that Ghani step down when his mandate ends next month, and give way to an interim government to oversee peace talks with the Taliban. Ghani has ruled that out.

The country’s top court said last week Ghani can stay in office until the presidential election in September.

(Reporting by Hameed Farzad, Rupam Jain, Editing by Darren Schuettler)

Source: OANN

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Deputy Attorney General Rod Rosenstein Thursday defended special counsel Robert Mueller’s investigation while slamming former President Barack Obama’s administration for being slow to take action on Russian interference in U.S. elections and ex-FBI Director James Comey for telling Congress the agency was investigating collusion between the Trump campaign and Russia.

“Our nation is safer, elections are more secure, and citizens are better informed about covert foreign influence schemes,” Rosenstein said in a speech to the Armenian Bar Association, marking his first public remarks after the Mueller report was released, reports CBS News.

He also pointed out that the investigation revealed a pattern of computer hacking and the use of social media to undermine elections as “only the tip of the iceberg of a comprehensive Russian strategy to influence elections, promote social discord, and undermine America, just like they do in many other countries,” reports The Wall Street Journal.

The Obama administration also made “critical decisions,” including choosing not to publicize the full story about Russian hackers and social media trolling, “and how they relate to a broader strategy to undermine America,” said Rosenstein.

He noted that the Mueller probe began after Comey disclosed during a hearing before Congress that President Donald Trump “pressured him to close the investigation and the president denied that the conversation occurred.”

Rosenstein said two years ago, when he was confirmed, he was told by a Republican senator that he would be in charge of the probe and that he’d report the results to the American people.

However, he said he didn’t promise to do that, because it is “not our job to render conclusive factual findings. We just decide whether it is appropriate to file criminal charges.”

Source: NewsMax Politics

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FILE PHOTO: The Huawei logo is pictured outside its Huawei's factory campus in Dongguan, Guangdong province
FILE PHOTO: The Huawei logo is pictured outside its Huawei’s factory campus in Dongguan, Guangdong province, China, March 25, 2019. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Ben Blanchard

BEIJING (Reuters) – Britain must get to the bottom of the leak of confidential discussions during a top-level security meeting about the role of China’s Huawei Technologies in 5G network supply chains, British finance minister Philip Hammond said on Friday.

News that Britain’s National Security Council, attended by senior ministers and spy chiefs, had agreed on Tuesday to bar Huawei from all core parts of the country’s 5G network and restrict its access to non-core elements was leaked to a national newspaper.

The leak of secret discussions has sparked anger in parliament and amongst Britain’s intelligence community. Britain’s most senior civil servant Mark Sedwill has launched an inquiry and written to ministers who were at the meeting.

“My understanding from London (is) that an investigation has been announced into apparent leaks from the NSC meeting earlier this week,” said Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing.

“To my knowledge there has never been a leak from a National Security Council meeting before and therefore I think it is very important that we get to the bottom of what happened here,” he told Reuters in a pooled interview.

British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation. The majority of the ministers at the NSC meeting have said they were not involved, according to media reports.

Hammond said he was unaware of any previous leak from a meeting of the NSC.

“It’s not about the substance of what was apparently leaked. It’s not earth-shattering information. But it is important that we protect the principle that nothing that goes on in national security council meetings must ever be repeated outside the room.”

Allowing Huawei a reduced role in building its 5G network puts Britain at odds with the United States which has told allies not to use its technology at all because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

There have been concerns that the NSC’s conclusion, which sources confirmed to Reuters, could upset other allies in the world’s leading intelligence-sharing network – the Five Eyes alliance of the United States, Britain, Australia, Canada and New Zealand.

However, British ministers and intelligence officials have said any final decision on 5G would not put critical national infrastructure at risk. Ciaran Martin, head of the cyber center of Britain’s main eavesdropping agency, GCHQ, played down any threat of a rift in the Five Eyes alliance.

(Writing by Michael Holden; Editing by Mark Heinrich)

Source: OANN

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