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Hungary's Orban to attend meeting on party's possible ouster

Hungarian Prime Minister Viktor Orban is traveling to Brussels to attend a meeting of the main center-right alliance in the European Parliament, set to discuss the expulsion or suspension of Orban's Fidesz party from the group.

Thirteen of the European People's Party's 49 full members are calling for Fidesz's ouster after years of conflict. Some members believe Orban has strayed too far from the alliance's Christian Democratic values.

The EPP delegates will meet Wednesday in Brussels.

Manfred Weber, the EPP candidate to succeed Jean-Claude Juncker as president of the European Commission, has called on Orban to meet certain conditions to stay in the alliance, like putting an end to the anti-EU campaigns.

Source: Fox News World

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The Latest: Pittsburgh takes up gun legislation

The Latest on gun control legislation moving through Pittsburgh City Council in response to the synagogue attack (all times local):

11 a.m.

Pittsburgh City Council is meeting to consider gun-control legislation introduced in the wake of the synagogue massacre.

The council began hearing public comment on the bills Wednesday morning, with a vote to take place afterward. The legislation would place restrictions on military-style assault weapons like the AR-15 rifle that authorities say was used in the attack that killed 11 and wounded seven.

Tim Stevens is with the Black Political Empowerment Project and Greater Pittsburgh Coalition Against Violence. He's speaking out in support of the legislation, telling the council that he's "never understood why anyone needs an assault weapon unless they are on the field of war."

Gun-rights supporters are promising to file suit if Council passes the legislation. They say state law prohibits municipalities from regulating guns.

___

1:05 a.m.

The Pittsburgh City Council is planning to vote on gun-control legislation introduced in wake of the synagogue massacre, but Second Amendment advocates are promising a swift legal challenge if the bills are approved.

The legislation would place restrictions on military-style assault weapons like the AR-15 rifle that authorities say was used in the attack that killed 11 and wounded seven. It would also ban most uses of armor-piercing ammunition and high-capacity magazines, and would allow the temporary seizure of guns from people who are determined to be a danger to themselves or others.

An initial committee vote is planned for Wednesday.

The legislation was watered down last week in an effort to make it more likely to survive a court challenge. State law prohibits municipalities from regulating the ownership or possession of guns or ammunition.

Source: Fox News National

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Texas chemical fire kills 1 worker, injures 2 at Houston-area chemical plant

One worker was killed and two others critically injured when a tank holding a flammable chemical caught on fire at a Texas plant Tuesday, according to officials.

Harris County Sheriff Ed Gonzalez confirmed the fatality and said the two injured had been taken by helicopter to a hospital. The two injured were in critical condition, said Rachel Moreno, spokeswoman for the Harris County Fire Marshal’s Office.

Authorities said a transfer line ignited in the area of a tank of isobutylene — a flammable colorless gas used in the production of high octane gasoline — which then caught on fire.

HUNDREDS OF CHILLING ITEMS DISCOVERED AT NAZI MASSACRE SITES

Authorities shut down a roadway near Tuesday’s fire at a KMCO chemical plant in Crosby, about 25 miles northeast of Houston, Gonzalez said.

KMCO is a chemical company that offers coolant and brake fluid products and chemicals for the oilfield industry.

First responders were trying to contain the fire, Gonzalez said.

John C. Foley, chief executive of KMCO, said in a statement that the company had activated its emergency response team and set up a command center.

“We are working with local first responders to extinguish the fire,” he said.

The fire sent panicked employees fleeing over a fence to safety.

Worker Justin Trahan said he heard “some panic on the radio” but no alarms sounding before the plant caught fire.

“We didn’t think anything of it — we didn’t think it was anything severe,” he said.

Trahan said employees began running after “the tank ignited.”

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He said that he and other colleagues had to jump over a fence to escape because all the gates were locked.

All residents within a one-mile radius of the plant were ordered to stay indoors or shelter in place.

The Crosby, Sheldon and Channelview school districts asked students and staff to shelter in place at all their campuses.

The Associated Press contributed to this report.

Source: Fox News National

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Lightning star Kucherov suspended for Game 3

NHL: Stanley Cup Playoffs-Columbus Blue Jackets at Tampa Bay Lightning
Apr 10, 2019; Tampa, FL, USA; Tampa Bay Lightning right wing Nikita Kucherov (86) works out prior to game one of the first round of the 2019 Stanley Cup Playoffs against the Columbus Blue Jackets at Amalie Arena. Kim Klement-USA TODAY/Sports/ File Photo

April 13, 2019

Tampa Bay Lightning star forward Nikita Kucherov has been suspended for Game 3 of the first round of the Stanley Cup Playoffs for boarding Columbus Blue Jackets defenseman Markus Nutivaara during Game 2 Friday night.

The NHL’s Department of Player Safety made the announcement Saturday afternoon.

The incident occurred at 15:34 of the third period with the Lightning down 5-1. Kucherov was assessed a major penalty and game misconduct.

The Lightning, which had the NHL’s best record (62-16-4, 128 points) in the regular season, now will have to dig themselves out of an 0-2 playoff hole without the league’s leading scorer. Kucherov tallied 128 points (41 goals, 87 assists).

Game 3 of the series will be played Sunday in Columbus, Ohio.

–Field Level Media

Source: OANN

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Look but don’t touch as smartphone’s flexible future unfolds

People take pictures of the new Mate X smartphone, ahead of the Mobile World Congress (MWC 19) in Barcelona
FILE PHOTO: People take pictures of the new Mate X smartphone, ahead of the Mobile World Congress (MWC 19) in Barcelona, Spain, February 24, 2019. REUTERS/Sergio Perez

February 25, 2019

By Paul Sandle

BARCELONA (Reuters) – Flexible and folding formats framed the future of smartphones this week as manufacturers focused on new forms in an effort to jolt the market out of uniformity and re-invigorate sales.

But anyone hoping to tap or swipe Huawei’s Mate X, a smartphone that wraps the screen around the front and back, was soon disappointed at Barcelona’s Mobile World Congress.

Initial cheers were quickly followed by gasps when the Chinese firm revealed its eye-watering 2,299 euros ($2,600) price tag, although that includes a 5G connection.

This is even more than Samsung’s Galaxy Fold, which was unveiled last week and will be priced from $1,980 when it goes on sale in some markets in April. It was on display in Barcelona in a glass case like a museum artefact.

While the hands-off stance indicates neither firm has a consumer-ready device, 2019 would be remembered as the year of the foldable, Ben Wood, chief of research at CCS Insight, said, adding that the new format was still in its infancy.

“But we are at the stone age of devices with flexible displays; it’s a whole new phase of experimentation after the sea of smartphone sameness we have seen for the last decade.”

Samsung took the opposite approach to Huawei by putting its folding screen on the inside of its device, with another smaller screen on the front panel for use when its is closed.

“That was the solution we felt was best for longevity,” Samsung’s European Director of Mobile Portfolio & Commercial Strategy Mark Notton told Reuters.

Smartphone makers have been trying to innovate to persuade consumers to upgrade from devices which already meet most of their needs, in an effort to reverse falling sales.

And although more vendors will soon follow with their own takes on foldable displays, 2019 will not be the year they go mainstream, market analysts Canalys said. They will remain exclusively ultra-luxury devices with fewer than 2 million expected to be shipped worldwide this year, Canalys added.

The mobile market slipped 1.2 percent in 2018, research company Gartner says, although it expects growth of 1.6 percent in 2019, driven by replacement cycles in the largest and most saturated markets China, the United States and Western Europe.

GEARING UP FOR 5G

With 5G next generation mobile networks not becoming widely available until 2023 in the United States and China and 2026 in Europe, analysts say, the vast majority of customers will be buying the latest 4G devices like Samsung new Galaxy S10.

Nonetheless, manufacturers such as LG were keen to show they could squeeze 5G technology into 4G smartphone form, although most lacked launch or pricing information.

Chinese maker OnePlus had a 5G device running a video game using a 5G connection on show, but visitors were teased with only a glimpse of the phone’s screen in a display cabinet.

“For us, launching means commercial availability, it doesn’t mean PowerPoint,” OnePlus co-founder Carl Pei told Reuters.

“We are confident we are going to be one of the first with a commercially available smartphone in Europe,” he said, adding that this would be within the first half of 2019.

Xiaomi Corp, which ranked fifth in smartphone shipments in the last quarter according to IDC, did reveal pricing information along with its first 5G device.

“Xiaomi has fired the starting gun with a $599 price. That will bring tears to the eyes of many other mobile phone makers,” Wood said, adding that many sub-scale makers such as Sony, LG and others could find it tough to make any kind of margin on 5G.

Sony did not show a 5G device, relying instead on its ownership of a major Hollywood studio to release a new line of Xperia phones with a 21:9 display ratio optimised to watch movies and Netflix content.

(Additional reporting by Douglas Busvine, Jack Stubbs and Isla Binnie; Editing by Alexander Smith)

Source: OANN

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Beto O’Rourke’s past support for charter schools scrutinized in 2020 White House bid

FILE PHOTO: U.S. 2020 Democratic presidential candidate and former Representative Beto O'Rourke speaks at the 2019 National Action Network National Convention in New York
FILE PHOTO: U.S. 2020 Democratic presidential candidate and former Representative Beto O'Rourke speaks at the 2019 National Action Network National Convention in New York, U.S., April 3, 2019. REUTERS/Shannon Stapleton/File Photo

April 11, 2019

By Tim Reid

EL PASO, Texas (Reuters) – Democrat Beto O’Rourke has called for investment in a “world-class public school system” and says teachers make up the single biggest professional group contributing to his 2020 presidential campaign.

But several teacher groups say the former Texas congressman’s support for charter schools in recent years is complicating his efforts to secure their backing in his White House bid.

Charter schools, most of which are publicly funded but often privately run, are a complicated issue for Democrats. Former Presidents Bill Clinton and Barack Obama supported them, viewing them as giving school choice to lower-income families.

Charter schools have grown across the country in response to demand from parents for different options from traditional public schools. Many charter school employees are not unionized.

But some teachers unions say they divert state and federal funds from public schools. They have raised O’Rourke’s past positive comments about charter schools, as well as his wife’s ties to them through her work, as points of concern as they scrutinize the Democratic field.

“We’re going to have to get a lot of questions answered by Beto,” said Norma De La Rosa, president of the El Paso Teachers Association in O’Rourke’s hometown. “At this point, I would be wary and I think a lot of my colleagues are going to hit him hard on these points.”

Teachers and their unions are being eagerly courted by the large slate of Democrats seeking the party’s 2020 presidential nomination to run against President Donald Trump, the expected Republican nominee. Educators are a key voting bloc in state nominating contests and have flexed their political muscle in the past two years with a wave of strikes and protests over better pay and resources.

U.S. Senator Kamala Harris, a Democratic presidential contender from California, has proposed giving teachers an average $13,500 annual pay raise as a central part of her pitch to primary voters.

The politics of charter schools has shifted since some prominent Democrats lent their support. Public schools have seen their budgets cut since the 2008 financial crash, hardening opposition to charters among many teachers. The Trump administration’s strong support for charter schools has also increased Democratic antipathy.

Another 2020 Democratic candidate, U.S. Senator Cory Booker, also is drawing scrutiny for his support for school choice and charter schools when he was mayor of Newark, New Jersey.

‘STRONG, CONSISTENT ADVOCATE’

Aides to O’Rourke say he is unequivocal in his support for public schools and has never taken any action to advance charter schools over them. He and his wife send their children to the same El Paso public school O’Rourke attended.

“Beto has been a strong and consistent advocate for public school classrooms in Texas and across the country,” Chris Evans, a spokesman for O’Rourke, said in an email. “He has made it clear that our focus should be on, and our taxpayer funds should go toward, public school classrooms where the overwhelming majority of American students attend. He believes we should be paying teachers a living wage.”

O’Rourke thinks charter schools “should have comprehensive oversight and accountability to the taxpayer,” Evans added

But O’Rourke’s past statements about charter schools give some public education advocates pause.

In 2016, when O’Rourke voted against a federal voucher program in Washington, D.C., he said money should be invested in “proven educational models such as charter schools.”

In 2015, O’Rourke said he voted for the Every Student Succeeds Act – which passed Congress with bipartisan support – in part because it gave parents choices by “investing in new charter school models.”

During a 2012 Democratic primary debate when he first ran for Congress, O’Rourke called charter schools “a good idea” because they encourage competition and innovation. 

O’Rourke’s wife, Amy, works for an organization in El Paso that backs the expansion of charter schools in the area. In 2007, she opened a dual-language elementary charter school in a low-income neighborhood of El Paso.

Evans said Amy O’Rourke’s work had been focused on expanding opportunities for students in underserved communities.

‘HUGELY PROBLEMATIC’

Anthony Cody, co-founder of the Network for Public Education Action, a national advocacy group for public schools that opposes charter schools, said his organization found O’Rourke’s past comments and his wife’s work in the charter school world “hugely problematic.”

Noel Candelaria, president of the Texas State Teachers Association, which opposes the expansion of charter schools in Texas, said it would be important for O’Rourke to make clear to his organization “where he stands on charter schools” now before he wins an endorsement.

The association endorsed O’Rourke during his unsuccessful Senate bid last year against Republican incumbent Ted Cruz.

Randi Weingarten, president of the American Federation of Teachers, the country’s second-largest teachers union, defended O’Rourke’s “nuanced” view of charter schools.

“For us, it’s not ‘charters good or bad,’ and if you listen to Beto’s actual comments about public schools and charter schools, he gets to the same position: They can’t siphon money from public schools, they can’t take fewer kids with special needs.”

Weingarten said she recently talked with O’Rourke. “I think when he toured the (Mexican) border and spoke to teachers, it was very transformational for him,” she said. “People’s positions evolve over time.”

(Reporting by Tim Reid; Editing by Colleen Jenkins and Peter Cooney)

Source: OANN

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Capitals sign C Dowd to three-year extension

FILE PHOTO: NHL: Washington Capitals at Carolina Hurricanes
FILE PHOTO: Mar 28, 2019; Raleigh, NC, USA; Washington Capitals center Nic Dowd (26) celebrates his third period goal against the Carolina Hurricanes at PNC Arena. The Washington Capitals defeated the Carolina Hurricanes 3-2. Mandatory Credit: James Guillory-USA TODAY Sports

April 11, 2019

The Washington Capitals signed center Nic Dowd to a three-year, $2.25 million contract extension Thursday, senior vice president and general manager Brian MacLellan announced.

Dowd, 28, set a career high with eight goals this season and tied his career high with 22 points.

He recorded three game-winning goals, including the playoff-clinching game-winner on March 28 against the Carolina Hurricanes and the Metropolitan Division-clinching goal on April 4 against the Montreal Canadiens.

Dowd also ranked first on the Capitals in faceoff percentage among players with at least 100 draws taken (245 of 472, 51.9 percent).

In 195 career NHL games, Dowd has 48 points (17 goals, 31 assists).

–Field Level Media

Source: OANN

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

April 26, 2019

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

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

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

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

(Reporting by Tassilo Hummel; Editing by Thomas Seythal)

Source: OANN

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

April 26, 2019

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

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

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

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

Source: OANN

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

April 26, 2019

By Simon Jessop and Sinead Cruise

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

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

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

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

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

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

Sherborne declined to comment.

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

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

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

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

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

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

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

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

Barclays has nearly 500 institutional shareholders, Refinitiv data showed.

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

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

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

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

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

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

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

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

(Editing by Jane Merriman)

Source: OANN

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

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

Ron Magill/Zoo Miami

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

Source: Fox News World

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

April 26, 2019

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

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

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

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

Source: OANN

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