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Macquarie backs drone map, electric-vehicle businesses

A man operates a drone over olive trees in Nabatieh
FILE PHOTO: A man operates a drone over olive trees in Nabatieh area, Lebanon October 25, 2018. REUTERS/ Jamal Saidi

February 19, 2019

By Joshua Franklin

NEW YORK (Reuters) – Macquarie Group, the world’s largest manager of infrastructure assets, has seeded money in a map system for drones and an electric-vehicle sharing business, it said on Monday.

The investments highlight how money managers are looking beyond traditional infrastructure projects, such as toll roads and airports, to burgeoning technologies.

“The overarching theme is that technology is revolutionizing the infrastructure world,” Stephan Feilhauer, senior vice president at Macquarie Capital, said in an interview.

Macquarie said in a statement it had backed AirMap, a provider of airspace information for drone operators, and Envoy Technologies, which offers on-demand electric vehicles in urban areas. It also put money into soil analytics company Teralytic.

The investments are part of Macquarie Capital Venture Studio (MCVS), which was set up with R/GA Ventures about a year ago to back and support emerging tech companies relating to infrastructure.

The companies will receive about $1 million of cash and support services with the possibility of a further $10-$20 million of follow-on investment, Feilhauer said.

Earlier investments out of MCVS include Zero Mass Water, which aims to produce water from sunlight and air, and cyber security start-up Mission Secure, Inc.

“Infrastructure technology, or ‘InfraTech’ is a crucial theme for Macquarie and we absolutely look to continue making further investments in that space,” said Feilhauer.

(Reporting by Joshua Franklin in New York; Editing by Susan Thomas)

Source: OANN

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Rep. Doug Collins: Democrats threatening to subpoena Mueller report are having a ‘sugar fit’

House Democrats readying subpoenas for the full Mueller report are “just having a sugar fit,” Rep. Doug Collins, R-Ga., told Fox News' “America’s Newsroom” Tuesday.

Rep. Collins said it is sad House Judiciary Chairman Jerry Nadler is calling a hearing Wednesday to subpoena the Mueller report in its entirety, just so Democrats can claim they are doing something. He said Democrats just can’t accept Mueller’s finding of no collusion between the Trump campaign and Russia.

“The problem is they have nothing to do except accept the findings of the report, wait for the report to come out like the rest of America is, but they don’t want to do that,”  Collins, the ranking Republican on the House Judiciary Committee, said.

JUDGE ANDREW NAPOLITANO: BARR CAN'T LEGALLY RELEASE THE FULL MUELLER REPORT, AND HERE'S WHY

“They’re just having a sugar fit that they’re just trying to get something out with,” he said.

Nadler and five other House committee leaders sent Attorney General William Barr a letter Monday threatening subpoenas if they don’t get the Mueller report and supporting documents without redactions.

Collins said those chairs are “having a base problem because they can’t let their base realize that they don’t have anything to tear down the president with.”

Nadler is also being assailed for seeking the full Mueller report even though he opposed the release of the full Starr report on Bill Clinton 21 years ago.

“In 1998, Rep. Jerry Nadler strongly opposed the release of the Starr Report on Bill Clinton. No information whatsoever would or could be legally released. But with the NO COLLUSION Mueller Report, which the Dems hate, he wants it all. NOTHING WILL EVER SATISFY THEM!” Trump tweeted Tuesday.

Collins said of Nadler's about-face: "I would put that under the dictionary under hypocrisy."

During the interview, the congressman sidestepped a question about whether Barr would fight any subpoenas for the report.

“I have no problem that he would have no problem talking to this committee about anything he has done,” he said in response.

REP. DEVIN NUNES: DEMOCRATS WANT TO GET HANDS ON MUELLER REPORT 'SO THEY CAN LEAK IT TO ALL THEIR BUDDIES IN THE MEDIA'

He said that everything should be released that is legal.

“It should have everything that Bill Barr promised and I believe it will,” he said. “But it should not have classified information, it should not have grand jury information and it should not have the ongoing investigations.”

Collins also said Democrats were already claiming a cover-up even without seeing what pages in the Mueller report may be redacted.

“They’ve already questioned the very intention and basically the ethics of the sitting attorney general which is abhorrent,” he said.

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He added, “They just didn’t like the reality. They didn’t like the fact that Mueller came out with the report and Barr passed that information along.”

Source: Fox News Politics

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Vatican makes new overtures on eve of China's Xi Italy visit

The Vatican is greeting the visit to Italy of Chinese President Xi Jinping later this week with a new round of overtures and says the "door is always open" to dialogue.

Italian media have been speculating for days about the possibility of a meeting between Xi and Pope Francis during Xi's March 21-24 visit. But there has been no word from either side.

China and the Holy See haven't had diplomatic relations for over half a century.

Cardinal Pietro Parolin, Vatican secretary of state, when asked Tuesday about Xi's visit, said "Our door is always open."

The Vatican has been working to build on relations stemming from the historic 2018 provisional agreement reached between Beijing and the Holy See over bishop nominations.

Source: Fox News World

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Israel to honor Pittsburgh Jewish leader after deadly attack

Israel has announced it will honor the head of Pittsburgh's Jewish community during next month's Independence Day celebrations, six months after 11 members of the community were killed in a synagogue shooting.

Israel's Culture Ministry said Monday it had selected Jeff Finkelstein, the president of the Jewish Federation of Greater Pittsburgh, to light a torch on behalf of the Jewish Diaspora as part of the government's May 8 Independence Day festivities. It noted Finkelstein's work to lead "the Jewish community's efforts to cope and rebuild" after the deadly Tree of Life attack on Oct. 28.

In a statement, Culture Minister Miri Regev praised Finkelstein embodiment of the "spirit of greatness and social cohesion among our people."

Source: Fox News World

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Trump Lawyers Giuliani, Sekulow Defer to DOJ on Mueller Report 'Next Steps'

Two of President Donald Trump's lawyers have spoken out regarding the end of special counsel Robert Mueller's Russia investigation, saying the ball is now in the Department of Justice's court.

Rudy Giuliani and Jay Sekulow released the following statement, which is similar to the straightforward one made by White House press secretary Sarah Sanders:

"We're pleased that the Office of Special Counsel has delivered its report to the attorney general pursuant to the regulations. Attorney General [William] Barr will determine the appropriate next steps."

Mueller delivered his final report on the Russia investigation, which began in May 2017 over allegations that the Trump campaign colluded with the Russians, to Barr on Friday. It's not yet clear what the report says, although a DOJ official told the Associated Press the report does not recommend any more indictments as part of the probe.

Source: NewsMax Politics

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Exclusive: Uber plans to sell around $10 billion worth of stock in IPO – sources

FILE PHOTO: The Uber Hub is seen in Redondo Beach
FILE PHOTO: The Uber Hub is seen in Redondo Beach, California, U.S., March 25, 2019. REUTERS/Lucy Nicholson

April 10, 2019

(Reuters) – Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public offering (IPO), and will make public the registration of this offering on Thursday, people familiar with the matter said on Tuesday.

Most of the shares sold would be issued by the company, while a smaller portion would be owned by investors cashing out, one of the sources said.

Uber plans to make its IPO registration with the U.S. Securities and Exchange Commission publicly available later this week, and will kick of its investor roadshow during the week of April 29, putting it on track to price its IPO and begin trading on the New York Stock Exchange in early May, the sources said.

The company is seeking a valuation of between $90 billion and $100 billion, influenced by the stock performance of smaller rival Lyft Inc following its IPO last month, the sources said. Investment bankers had previously told Uber it could be worth as much as $120 billion.

The sources cautioned that the plans are still subject to change and market conditions, and asked not to be identified because the matter is confidential.

A representative for Uber declined to comment.

(Reporting by Joshua Franklin and Carl O’Donnell in New York; Additional reporting by Liana B. Baker in New York; Editing by Sandra Maler)

Source: OANN

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Notre Dame cathedral fire witnesses in Paris share shocking videos: ‘It keeps getting bigger and bigger’

Thick, billowing smoke can be seen rising from Paris' iconic Notre Dame Cathedral in shocking footage snapped by witnesses on Monday.

The top of the French landmark is currently ablaze — and crews of firefighters have rushed to the scene to try to contain the massive flames.

The peak of the church is undergoing a $6.8 million renovation project. It's unclear if the fire is related to the construction, though the fire brigade has told The Associated Press it's a possibility.

MASSIVE FIRE BREAKS OUT IN NOTRE DAME CATHEDRAL IN PARIS

One man currently in the city called the view "unreal."

"I literally just visited Notre Dame two days ago. I’m currently looking at the smoke from a restaurant patio in Paris right now," he wrote on Twitter after news of the fire broke.

A woman who only identifies herself as "Sun" online tweeted a 15-second clip of the blaze, claiming she was around the scene when the fire first started.

"Omg it keeps getting bigger and bigger so fast, i'm leaving now but in case it catches up to the crowd um hi at least my last moments were in paris," she wrote in a Twitter thread.

Another woman shared footage of the plumes of smoke that she could spot across the Seine river.

"This is just awful. #NotreDame," a man added, sharing multiple videos of the burning spire.

As of about 1:30 p.m. ET, the man confirmed the building was "still burning."

This is a developing story check back here for updates.

The Associated Press contributed to this report.

Source: Fox News World

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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.”

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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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