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General Electric sees 2019 profit below estimates

FILE PHOTO: The logo of US conglomerate General Electric is pictured at the company's site of its energy branch in Belfort
FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the company's site of its energy branch in Belfort, France, February 5, 2019. REUTERS/Vincent Kessler/File Photo

March 14, 2019

(Reuters) – General Electric Co forecast adjusted earnings of between 50 cents and 60 cents per share in its 2019 outlook on Thursday, below analysts’ expectations of around 70 cents as new Chief Executive Larry Culp plows ahead with asset sales and restructuring.

The U.S. industrial conglomerate, which spooked investors last week by warning of a net cash outflow from its industrial businesses this year, said it expects adjusted industrial free cash flow of between negative $2 billion and flat. https://invent.ge/2HkbYTq

(Reporting by Rachit Vats and Sanjana Shivdas in Bengaluru; Editing by James Emmanuel)

Source: OANN

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Best Jussie Smollett Escapes Justice Memes

Conservatives and Chicago authorities are furious over prosecutors dropping actor Jussie Smollett’s 16 charges related to falsifying a hate crime.

Many on social media expressed their outrage through memes over what Chicago Mayor Rahm Emanuel called a “whitewash of justice.”

Here are the best memes capturing America’s frustration with Smollett and his Soros-backed prosecutors:

It turns out billionaire George Soros and former President Obama have ties to Smollett’s prosecutor, Kim Foxx, who ultimately dropped the 16 charges approved by a Cook County grand jury.

Chicago Police Superintendent Eddie Johnson tore into Smollett during a Tuesday press conference.

“Do I think justice was served? No…I think this city is still owed an apology,” he told reporters.

“It’s Mr. Smollett who committed this hoax. Period,” Johnson added. “If he wanted to clear his name, the way to do that is in a court of law so everyone can see the evidence.”

“They chose to hide behind secrecy and broker a deal to circumvent the judicial system.”


Source: InfoWars

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Brazil president raises eyebrows saying Holocaust can be forgiven

FILE PHOTO: Brazil's President Jair Bolsonaro speaks during inauguration ceremony of the new Education Minister Abraham Weintraub at the Planalto Palace in Brasilia
FILE PHOTO: Brazil's President Jair Bolsonaro speaks at the Planalto Palace in Brasilia, Brazil April 9, 2019. REUTERS/Adriano Machado/File Photo

April 13, 2019

JERUSALEM/RIO DE JANEIRO (Reuters) – Brazilian President Jair Bolsonaro drew veiled rebukes from Israel on Saturday after saying the Nazi genocide of the Jews during World War Two could be forgiven.

The far-right Bolsonaro made a solidarity visit to Israel last month during which he raised eyebrows by asserting, after a tour of the Holocaust memorial Yad Vadshem, that the Nazis had been “leftists.”

Addressing a group of Brazilian evangelicals on Thursday, Bolsonaro said: “We can forgive, but we can’t forget. That’s my phrase. Those who forget their past are condemned not to have a future.”

There was no immediate response from Israeli Prime Minister Benjamin Netanyahu, who has cultivated ties with Bolsonaro.

But President Reuven Rivlin, whose role in Israel is largely ceremonial, wrote on Twitter: “Whether they be individuals or organizations, party heads or heads of state, no one will ordain the Jewish people’s forgiveness, nor can this be obtained through any interest.”

Yad Vashem said in a separate statement: “It is no one’s place to decide who can be forgiven and whether there should be forgiveness for the crimes of the Holocaust.”

(Reporting by Dan Williams and Gram Slattery; editing by Jonathan Oatis)

Source: OANN

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Large, flightless bird that killed Florida man set to be auctioned

A large, flightless exotic bird likened to a 'living dinosaur' and infamous for killing its 75-year-old owner in Florida this month is back on the market.

The razor-clawed cassowary is one of among 100 exotic animals from the departed owner's estate going up for auction.

Gulf Coast Livestock Auction said in a Facebook post the auction of the killer cassowary is in accordance with the last wishes of Marvin Hajos.

"One of Marvin’s wishes were his animals be sold at auction as soon as possible," the group said. "This is an absolute auction and complete dispersal of his animal collection."

FLORIDA OFFICIALS INVESTIGATING AFTER LARGE EXOTIC BIRD KILLS 75-YEAR-OLD OWNER

The auction is to be held Saturday at noon and is billed as featuring "rare, odd and unusual breeds." Members of the news media, in addition to video recording devices, are banned from the event.

"Anyone seen video taping in any capacity will be deemed trespassing and will be escorted out by security," a post by the group reads. "Your video equipment may or may not be confiscated until all video recordings are distroyed (sic). Please do not comprise (sic) our position.”

Gulf Coast Livestock Auction Manager Jammi Wilson told the Gainesville Sun the business has all the licenses to proceed with the auction.

“I don’t want to talk about it,” she reportedly told the paper before hanging up. “It’s really no one’s business.”

BIG FLIGHTLESS BIRD KILLS ITS OWNER AFTER STUMBLE IN FLORIDA

Alachua County Sheriff's officials said Hajos had fallen April 12 when the bird attacked him. First responders rushed Hajos to a hospital, but he died from his injuries.

“Initial information indicates that this was a tragic accident for Mr. Hajos and his family,” department spokesperson Lt. Brett Rhodenizer told the Gainesville Sun.

Earlier this month, a cassowary, a large, flightless bird native to Australia and New Guinea, killed its owner when it attacked him after he fell on his property near Gainesville, Florida.

Earlier this month, a cassowary, a large, flightless bird native to Australia and New Guinea, killed its owner when it attacked him after he fell on his property near Gainesville, Florida. (AP Photo/Wilson Ring)

Cassowaries are similar to emus, standing up to 6 feet tall and weighing up to 130 pounds.

"The cassowary is rightfully considered the most dangerous bird in the world," according to the San Diego Zoo. "Each 3-toed foot has a dagger-like claw on the inner toe that is up to 4 inches long! The cassowary can slice open any predator or potential threat with a single swift kick."

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The animals being auctioned include two double-wattled cassowaries and five ring-tailed and ruffled lemurs.

Fish and Wildlife spokesman Robert Klepper said buyers must be licensed to legally possess the animals.

Fox News' Robert Gearty and The Associated Press contributed to this report.

Source: Fox News National

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Google South East Asia and India VP to leave at end-April

A woman walks past the logo of Google during an event in New Delhi
A woman walks past the logo of Google during an event in New Delhi, India, August 28, 2018. Picture taken August 28, 2018. REUTERS/Adnan Abidi

April 2, 2019

(Reuters) – Alphabet Inc’s Google South East Asia and India Vice-President Rajan Anandan will leave the firm at the end of April, Google Asia Pacific President Scott Beaumont said on Tuesday.

Vikas Agnihotri, country director, sales, will replace Anandan in the interim for Google India, Beaumont added.

(Reporting by Chandini Monnappa in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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Anthony Scaramucci: Dems’ push to the left ‘almost ensures’ Trump’s re-election

Anthony Scaramucci believes the Democrats' recent push to the left “almost ensures” President’s Trump re-election, because the country is not ready for it.

Scaramucci, who served as the White House Director of Communications for an eventful 11 days, told Fox & Friends that the recent emergence of socialism as a dominant theme in the run-up to 2020 could seal the deal for his old boss’ re-election.

“I Love the message [of the Democrats], because it almost ensures the president’s re-election,” he said.

“The further they push to the left, the country is not ready for that. This is by and large a center-right country, on things like business, free enterprise and self-reliance.

“When they're pushing that and that's obviously a false promise that’s never worked anywhere throughout history and it is certainly not going to work in the United States where this is by and large a group of risk takers.”

2020 CANDIDATE ANDREW YANG DEFENDS $1,000 A MONTH PROGRAM, SLAMS DEMS FOR WANTING TO ABOLISH ELECTORAL COLLEGE

Scaramucci continued that President Trump has “done such a number on these guys” and he’s got “inside their melons.”

“It’s fun to watch. I have got to tell you, I’m glad I am on his team.”

He added that the Democrats' complete refusal to work with President Trump in Congress, namely a deal on border security, could end up helping him in the long-term.

“Again, I think it sets him up very well for the 2020 narrative. Say, ‘listen, I tried to do all these different things for the American people. Here is the resistance.'”

Scaramucci was also asked about Bill Barr’s testimony earlier this week when the Attorney General said “spying did occur” on the Trump campaign ahead of the 2016 election.

But the normally combative Scaramucci urged caution.

DEMOCRATIC STRATEGIST: DEMS MAY YET 'FIND A WAY TO NOT WIN' 2020

“Well, listen, the Attorney General said it so, I mean, you just have to step back and look at it, remember the distinction between surveillance and spying. Spying means that things happen without the right protocol and right process. And, remember this, the president said this almost two years ago.”

He added: “Remember the distinction, when you say the word spying, that means it was happening, you know, surveillance is OK. Here is the warrant, here is the reason we are doing the surveillance. Spying is a more renegade word if you will.

“It's a combination of Comey, clapper, Brennan. I think they are all caught in a box now. And someone is going to have to explain what happened.”

Scaramucci also said he believes that the fallout of the Mueller report has only led to an increase in both sides going after one another.

“What I don't love about the entire thing though is we are going to be going after each other now and we are politicizing a lot.

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“We are weaponizing and criminalizing a lot of the political differences between the two parties. So, for me, I would love to see these people focus on policy, and focus on fixing the border crisis. Focus on rightsizing the issues that we have with healthcare and things like this.”

Source: Fox News Politics

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Malaysia to summon two Goldman Sachs units ahead of 1MDB case

The Goldman Sachs company logo is seen in the company's space on the floor of the NYSE in New York
The Goldman Sachs company logo is seen in the company's space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid

March 18, 2019

KUALA LUMPUR (Reuters) – Malaysian prosecutors on Monday said they would issue summonses to units of U.S. investment bank Goldman Sachs in London and Hong Kong, requiring them to respond by June to criminal charges filed against them last year.

Soon after being elected in May, 2018, a new government charged three units of Goldman Sachs for misleading investors by making untrue statements and omitting key facts in relation to bond issues totaling $6.5 billion for state fund 1Malaysia Development Berhad (1MDB).

On Monday, only the Singapore unit of Goldman Sachs appeared at a pre-trial hearing in a Kuala Lumpur court as a respondent.

“Fresh summonses will be served on the United Kingdom and Hong Kong offices of Goldman Sachs ahead of the next court hearing on June 24,” prosecutor Aaron Paul Chelliah told reporters.

The 1MDB scandal played a major role in the electoral defeat that ended Najib Razak’s near decade in power, and a new government led by Prime Minister Mahathir Mohamad promptly re-opened corruption investigations.

Najib, who has consistently denied wrongdoing, is facing multiple criminal charges, mostly linked to 1MDB, and has been barred from leaving the country.

The U.S. Department of Justice (DoJ) has estimated that a total of $4.5 billion was misappropriated by high-level 1MDB fund officials and their associates between 2009 and 2014, including some of the funds that Goldman Sachs helped raise.

Malaysia has said it was seeking up to $7.5 billion in reparations from Goldman Sachs, including $600 million in fees paid to the bank for the bond issues.

Goldman Sachs has consistently denied wrongdoing and said certain members of the former Malaysian government and 1MDB lied to it about how proceeds from the bond sales would be used.

A separate Kuala Lumpur court also set April 15 for prosecutors to serve documents to the defense for former Goldman Sachs banker Roger Ng.

Ng, a Malaysian, was charged on Dec. 19 last year with abetting the bank to provide misleading statements in the offering prospectus for the 1MDB bond sales.

Prosecutor Zaki Arsyad told the court he needed more time to obtain documents as most of them were overseas.

Ng was originally set to be extradited to the United States to face money laundering charges filed against him by the DoJ.

Malaysia, however, has said it may postpone the extradition until Ng can face a domestic trial first.

Tim Leissner, another former Goldman Sachs official, and Malaysian financier Low Taek Jho have also been charged in the United States over the alleged theft of billions of dollars from 1MDB. Leissner has pleaded guilty.

Low, whose whereabouts is unknown, has issued denials of any wrongdoing and has refused to return to Malaysia, saying that the case against him is politically motivated.

(Reporting by Rozanna Latiff; Editing by Simon Cameron-Moore)

Source: OANN

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A California man who allegedly fatally shot his ex-girlfriend in broad daylight last month before fleeing the country has been returned to the U.S. following his arrest in Mexico on Wednesday, authorities said.

Julio Cesar Rocha, 25, of Montlcair, is accused of shooting his 25-year-old ex-girlfriend Thalia Flores and a second unidentified male victim March 21 around 2:45 p.m. while the two were sitting in a vehicle in the parking lot of a discount store in Chino. Both communities are about 36 miles east of Los Angeles.

ARREST MADE IN DOUBLE HOMICIDE OF EX-PRO HOCKEY PLAYER, COMMUNITY ADVOCATE, POLICE SAY

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores.

Julio Cesar Rocha, 25, of Montlcair, Calif. was located in Mexico Wednesday and returned to California where he faces murder and attempted murder charges related to the death of his ex-girlfriend, Thalia Flores. (City of Chino Police Department)

Flores died at the scene. The man, whose name was not released, walked to a nearby hospital where he’s recovering from his gunshot wounds.

Rocha allegedly fled the scene and remained at large for more than a month, the Daily Bulletin reported. He was formally arrested at 4:30 p.m. after arriving at Los Angeles International Airport from Mexico, KTLA-TV reported.

The suspect was booked at the West Valley Detention Center in Rancho Cucamonga on murder and attempted murder charges, the City of Chino Police Department said on Facebook.

Flores ended her seven-year relationship with Rocha just two months before her death and still lived in fear of him until that point, a sister of the victim, Bernice Flores, told the Daily Bulletin.

“He said himself so many times to other people, ‘If I can’t have her, no one will.’ ” Flores said, adding that her sister stayed in the relationship longer that she would have liked in fear that Rocha would hurt her or her family if they broke up.

Rocha was convicted on misdemeanor battery in 2016 and sentenced to 60 days in prison. He was originally charged with misdemeanor assault with a deadly weapon, but the charges were lowered in a plea deal, the Daily Bulletin reported.

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Rocha was convicted of misdemeanor resisting or obstructing a peace officer in 2014. A second charge of misdemeanor battery was dropped in a plea deal, and Rocha was ordered to complete a 26-week anger management course, according to San Bernardino County Superior Court records. Rocha was later arrested and sentenced to 10 days behind bars for failing to complete the course.

Source: Fox News National

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Multiple people died Thursday when a semitrailer plowed into stationary traffic that resulted in explosions and flames on a Colorado freeway, authorities said.

The incident occurred just before 5 p.m. in the Denver suburb of Lakewood when a truck driver lost control while traveling east on Interstate 70, according to a preliminary investigation. The collision started a chain reaction and a diesel fuel spill, Lakewood police spokesman Ty Countryman told the Denver Post.

“This is looking to be one of the worst accidents we’ve had here in Lakewood,” he said.

The driver of the runaway truck survived. At least one truck was carrying lumber, another was hauling gravel and the third may have been carrying mattresses, KDVR-TV reported.

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Lakewood police tweeted there were multiple fatalities but did not give a specific number. Six people were taken to a hospital. Their conditions were not released, according to the paper.

Lanes in both directions were closed and expected to remain so into Friday morning.

Source: Fox News National

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President Trump will address members and leaders of the National Rifle Association on Friday at the group’s annual convention in Indiana.

Around 80,000 gun enthusiasts and more than 800 exhibitors are expected to pack the Indiana Convention Center in Indianapolis for the three-day event, the Indianapolis Star reported. It will mark the third straight year that Trump will deliver the keynote address, where he is expected to champion the rights of gun owners.

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes,” Chris Cox, executive director of the NRA’s Institute for Legislative Action (ILA), said in a statement. “President Trump’s Supreme Court appointments ensure that the Second Amendment will be respected for generations to come. Our members are excited to hear him speak and thank him for his support for our Right to Keep and Bear Arms.”

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes.”

— Chris Cox, executive director, NRA’s Institute for Legislative Action

COLORADO ENACTS ‘RED FLAG’ LAW TO SEIZE GUNS FROM THOSE DEEMED DANGEROUS, PROMPTING BACKLASH

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

Trump and Vice President Mike Pence spoke at last year’s convention in Dallas. During his speech, Trump assured gun owners that he would protect their Second Amendment rights, according to the paper.

“Your Second Amendment rights are under siege,” Trump told the cheering audience in Dallas. “But they will never, ever be under siege as long as I am your president.”

Trump has supported some gun control measures in the past. Last year, his administration imposed a ban on bump stocks, attachments that enable semiautomatic rifles to fire in rapid bursts. Although, he most recently threatened to veto two Democratic gun control bills.

This year’s convention comes as the NRA faces outside pressure and internal problems. The group has seen its legislative agenda stall amid a series of mass shootings — including a massacre at a Parkland, Fla., high school in February 2018 that left 17 dead and launched a youth movement against gun violence.

CLICK HERE TO GET THE FOX NEWS APP

It’s also grappling with infighting in its ranks, money problems and investigations into whether Russian agents courted officials and funneled money through the group.

“I’ve never seen the NRA this vulnerable,” said John Feinblatt, president of Everytown for Gun Safety, a nonprofit that advocates for gun control measure.

The convention will run through the weekend and conclude Sunday.

The Associated Press contributed to this report.

Source: Fox News Politics

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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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