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Foreign government behind cyber attack on Australian lawmakers, PM says

FILE PHOTO: APEC Summit 2018 in Port Moresby
FILE PHOTO: Prime Minister of Australia Scott Morrison arrives for APEC CEO Summit 2018 at Port Moresby, Papua New Guinea, 17 November 2018. Fazry Ismail/Pool via REUTERS

February 18, 2019

By Colin Packham

SYDNEY (Reuters) – A cyber attack this month on Australian lawmakers was probably carried out by an unidentified foreign country, Prime Minister Scott Morrison said on Monday, adding that the networks of major political parties were breached ahead of an election due by May.

Lawmakers were this month told to urgently change their passwords after Australia’s cyber intelligence agency detected an attack on the national parliament’s computer network.

The hackers breached the networks of Australia’s major political parties, Morrison said, as he issued an initial assessment by investigators.

“Our cyber experts believe that a sophisticated state actor is responsible for this malicious activity,” he told parliament.

“We also became aware that the networks of some political parties, Liberal, Labor and Nationals have also been affected.”

Morrison did not reveal what information was accessed, but he said there was no evidence of election interference.

Australians will return to the polls by May.

Morrison did not name any suspects, but government analysts have said China, Russia and Iran were the most likely culprits.

Ties with China have deteriorated since 2017, after Canberra accused Beijing of meddling in its domestic affairs. Both countries have since sought to mend relations, but Australia remains wary of China.

Tension rose this month after Australia rescinded the visa of a prominent Chinese businessman, just months after barring Chinese telecoms giant Huawei Technologies from supplying equipment to its 5G broadband network.

Officers of Russia’s GRU military intelligence agency covertly monitored computers of U.S. Democratic candidate, Hillary Clinton’s 2016 presidential campaign and campaign committees, and stole large amounts of data, U.S. investigators have concluded.

(Reporting by Colin Packham; Editing by Clarence Fernandez)

Source: OANN

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Republicans block U.S. Senate Democrats’ move on making Mueller report public

Senator McConnell reacts to Trump's budget proposal
Senate Majority Leader Mitch McConnell speaks with reporters about his reaction to President Donald Trump's proposed FY2020 budget in Washington, U.S. March 12, 2019. REUTERS/Erin Scott

March 25, 2019

WASHINGTON (Reuters) – U.S. Senate majority leader Mitch McConnell on Monday blocked a second attempt by Democrats to pass a measure aimed at prodding the Justice Department to release to the public Special Counsel Robert Mueller’s report investigating Russian meddling in the 2016 U.S. presidential election.

Earlier this month, the House of Representatives voted 420-0 in favor of making the report public, with no Republican opposition.

On Sunday, Attorney General William Barr informed Congress that Mueller had concluded that President Donald Trump’s campaign did not collude with Russia to influence the outcome of the 2016 election. But the probe left unresolved the question of whether Trump engaged in obstruction of justice.

“There is no good reason not to make the report public,” Senate Democratic leader Chuck Schumer said.

The Justice Department has not said whether it will release Mueller’s full report, but Barr has said he will be as transparent as possible.

McConnell, noting that it took nearly two years for Mueller to conduct his investigation, said: “It’s not unreasonable to give the special counsel and the Justice Department just a little time to complete their review in a professional and responsible manner.”

The legislation does not set a deadline for the release of the report, and merely expresses Congress’ desire that it should be made publicly available.

The chairman of the House of Representatives Judiciary Committee, Jerrold Nadler, a Democrat, said on CNN on Sunday that he would “try to negotiate” with the Justice Department to obtain the full report, but the committee would issue subpoenas and litigate if needed.

Trump vented his anger on Monday at the Mueller inquiry and vowed investigations into unnamed political enemies who did “very, very evil” and “treasonous things.”

Trump pledged new investigations but did not specify who would conduct them or who should be targeted. Trump in the past has called for investigations of Hillary Clinton, the Democrat he defeated in 2016.

(Reporting by Richard Cowan; Editing by Peter Cooney and Leslie Adler)

Source: OANN

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NBA roundup: Warriors earn top seed in West

NBA: Los Angeles Clippers at Golden State Warriors
April 7, 2019; Oakland, CA, USA; LA Clippers forward Montrezl Harrell (5) shoots the basketball against Golden State Warriors forward Jonas Jerebko (21) during the second half at Oracle Arena. Mandatory Credit: Kyle Terada-USA TODAY Sports

April 8, 2019

The Golden State Warriors celebrated their final regular-season game in Oracle Arena with a third-quarter explosion Sunday night, producing a 131-104 win over the Los Angeles Clippers in Oakland, Calif., that clinched top seeding throughout the Western Conference playoffs.

The win was Golden State’s fifth in a row and 30th of the season at home. The Warriors’ first-round opponent, which will be the eighth seed in the West, has yet to be determined. The playoffs begin next Saturday.

The Clippers’ third straight loss dropped them to 47-34 and closer to a first-round matchup with the Warriors. The Clippers are battling Oklahoma City (47-33) and San Antonio (47-34), both of which won Sunday, for the sixth, seventh and eighth playoff spots in the West.

Curry finished with a game-high 27 points for the Warriors, who improved their all-time regular-season record at Oracle Arena to 1,166-770. Like the Warriors, all five Clippers starters scored in double figures, led by Landry Shamet with 17. All but two of Shamet’s points came on 5-for-6 3-point shooting.

Trail Blazers 115, Nuggets 108

Damian Lillard scored 30 points, and Al-Farouq Aminu added a season-high 23 points and 11 rebounds as Portland rallied for a victory over visiting Denver.

The Trail Blazers closed the game on a 17-3 run to register their ninth win in the last 11 games. CJ McCollum made his return to the Portland lineup after missing 10 games with a knee injury. McCollum collected nine points, six rebounds and six assists in 25 minutes.

Gary Harris scored 18 points to lead Denver, which won the season series with Portland 3-1. The Nuggets played without center Nikola Jokic, forward Paul Millsap and guard Jamal Murray, all given the night off for rest. They need to win their final two games, or get one win and a Rockets loss in their finale at the Thunder, to secure the West’s No. 2 seed.

Bucks 115, Hawks 107

Giannis Antetokounmpo scored 30 points with nine rebounds, and Khris Middleton added 21 as Milwaukee recorded its first 60-victory season since 1980-81 in beating visiting Atlanta.

Antetokounmpo, who is now six points away from 2,000 for the second consecutive season, was back on the court for the Eastern Conference champions after missing Saturday’s game against the Brooklyn Nets because of a sore left calf.

Alex Len scored a career-high 33 points for the Hawks, who were playing without starters John Collins (ankle) and Trae Young (wrist). DeAndre’ Bembry added 13 points for Atlanta, which already has been eliminated from playoff contention.

Nets 108, Pacers 96

D’Angelo Russell scored 20 points, and Brooklyn clinched its first playoff berth since 2015 by leading most of the way in a win over host Indiana.

The Nets clinched at least the seventh seed after the Detroit Pistons lost to the Charlotte Hornets earlier Sunday, and could have secured the No. 6 seed if Orlando had lost its game at Boston later on Sunday. Russell shot 7-for-15 and made a 3-pointer for the 60th straight game.

The Pacers lost for the ninth time in 12 games and officially are locked into the fifth seed. Even if Indiana and Boston finish tied, the Celtics own the head-to-head tiebreaker. Domantas Sabonis led Indiana with 17 points and Thaddeus Young — who was a starting forward in 2015 for the Nets — added 16.

Magic 116, Celtics 108

Orlando clinched its first postseason berth in seven years with a road win against Boston, ended the Magic’s longest playoff drought in franchise history

Terrence Ross scored 14 of his 26 points in the fourth quarter, and Nikola Vucevic had 25 points and 12 rebounds for the Magic, who were perfect (22-for-22) from the free-throw line. The Magic are tied with Brooklyn for the sixth seed in the Eastern Conference with one game left in the regular season.

Kyrie Irving led the Celtics with 23 points, and Al Horford added 18.

Raptors 117, Heat 109

Danny Green scored 21 points — including seven in overtime — as Toronto defeated visiting Miami, sweeping the four-game season series.

Miami’s playoff hopes were severely damaged by the loss. The Heat are now one game behind the Pistons — and tied with the Hornets — in the race for the eighth and final playoff spot in the East.

Pascal Siakam added 23 points and grabbed 10 rebounds, and Norman Powell also had 23 points off the bench for the Raptors. Dwyane Wade scored 21 points for the Heat, who have lost four in a row.

Hornets 104, Pistons 91

Kemba Walker scored 31 points, Frank Kaminsky added a season-high 24 and Charlotte kept its playoff hopes alive in beating host Detroit for its third straight win, clinching a four-game sweep of the season series.

The Hornets (38-42) moved into ninth place in the Eastern Conference playoff race and are one game behind the No. 8 Pistons (39-41). Charlotte holds the tiebreaker edge over both the Heat and the Pistons.

Walker added eight rebounds and seven assists and the Hornets also got 17 points from Jeremy Lamb. Detroit has now lost four straight and seven of its last nine. Blake Griffin scored 16 but was hobbling much of the day with a knee injury.

Rockets 149, Suns 113

James Harden flirted with a triple-double, Clint Capela posted added 22 points and 13 rebounds, and Houston closed out its home schedule with a 36-point dismantling of Phoenix.

The Rockets turned in their second consecutive blowout win on their home court to keep hold of the third seed in the Western Conference. Houston led 117-77 entering the fourth quarter against the short-handed Suns. The Rockets have won six straight, all by double digits by an average of 25.8 points per game.

Harden posted 30 points on 10-for-14 shooting with 13 rebounds and nine assists as the Rockets set an NBA record with 27 3-pointers. The Suns, missing a half dozen regulars, have dropped eight of their last 10 games.

Thunder 132, Timberwolves 126

Paul George and Russell Westbrook each scored 27 points as Oklahoma City had to come from behind, scoring 37 fourth-quarter points, to win its third consecutive game by beating Minnesota in Minneapolis.

Oklahoma City’s first three-game winning streak since winning four in a row from Feb. 5-11 has kept the Thunder in contention for the sixth spot in the Western Conference.

Westbrook also finished with 10 rebounds and 15 assists for his 136th career triple-double. Westbrook is just two behind Magic Johnson for second all-time in the category. Karl-Anthony Towns finished with 35 points, hitting 13 of 14 from the free-throw line, and Andrew Wiggins had 24 points.

Spurs 112, Cavaliers 90

LaMarcus Aldridge scored 18 points, including 16 in the first half to a big lead, as visiting San Antonio throttled Cleveland in the teams’ penultimate game of the regular season.

The Spurs’ victory, their third in their past four games, allows them to continue to put pressure on Oklahoma City and the Los Angeles Clippers in the battle for the final three playoff seeds in the West.

DeRozan, Davis Bertans and Patty Mills contributed 14 points apiece for the Spurs, while Forbes scored 13. Collin Sexton and Brandon Knight led the anemic Cavaliers’ attack with 16 points each, while Ante Zizic added 14.

Lakers 113, Jazz 109

Kentavious Caldwell-Pope scored 18 of his 32 points in the fourth quarter to help Los Angeles hold off visiting Utah, whose chances of gaining home-court advantage in the first round of the playoffs were damaged.

The Jazz (49-31), who also saw their seven-game winning streak snapped, trail Portland by two games for fourth place in the West with two games left for each team.

JaVale McGee had 22 points and eight rebounds, and Alex Caruso had 18 points and 11 assists for the Lakers. Rudy Gobert had 21 points and 10 rebounds to lead the Jazz. Donovan Mitchell scored 19 points but missed all 10 shots in the second half.

Mavericks 129, Grizzlies 127 (OT)

Reserve guard Devin Harris buried a tie-breaking 3-pointer with 1:26 to go in overtime, and Trey Burke scored a team-high 24 points to lead visiting Dallas past Memphis.

Backup center Salah Mejri slammed home key dunks in the latter part of the fourth quarter, tipped home the tying bucket with 1.5 seconds in regulation and then opened overtime with seven consecutive points. He finished with 19 points off the bench on 7-of-12 shooting to go with nine rebounds.

Starting for injured point guard Mike Conley, Delon Wright had a triple-double for the Grizzlies with 20 points, 12 assists and 13 rebounds. Justin Holiday scored a game-high 30 points, drilling six of his 11 3-point attempts.

Pelicans 133, Kings 129

Elfrid Payton had a double-double and made a 3-pointer that put visiting New Orleans ahead for good in a victory over Sacramento.

The injury-plagued Pelicans used just eight players after choosing to rest forward Julius Randle, but all five starters had scored in double figures by the middle of the third quarter. Payton finished with 26 points and 14 assists, while Ian Clark made a career-high seven 3-pointers as he scored a season-high 31 points.

Harrison Barnes scored 29 points, De’Aaron Fox had 24 points and 11 assists, and Marvin Bagley III had 19 points and 14 rebounds for the Kings (39-42), who are guaranteed a losing record for the 13th consecutive season.

Knicks 113, Wizards 110

Mario Hezonja scored 30 points and hit a 3-pointer with 44.8 seconds left that gave New York the lead for good in a win over visiting Washington.

In his second start at point guard in place of injured Emmanuel Mudiay, Hezonja made 12 of 21 shots for the Knicks, who had lost 11 of their previous 12 against the Wizards. The Knicks (16-64) must win their final two games to avoid matching the worst record in franchise history, set in 2014-15.

Jeff Green had 19 points in 16 minutes for Washington, which has lost three straight. Thomas Bryant added 17 points, and Bobby Portis contributed 11 points and 10 rebounds.

–Field Level Media

Source: OANN

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Lyft raises $2.2 billion in IPO: source

FILE PHOTO: The Lyft logo is seen on ride-hailing car in Manhattan in New York City
FILE PHOTO: The Lyft logo is seen on ride-hailing car in Manhattan in New York City, New York, U.S., March 4, 2019. REUTERS/Mike Segar/File Photo

March 28, 2019

(Reuters) – Ride-hailing startup Lyft Inc raised $2.2 billion in its initial public offering on Thursday by pricing 30.77 million shares at $72, the top of its already elevated $70-$72 per share target range, according to a person familiar with the matter.

The source asked not to be identified ahead of any official announcement. Lyft did not immediately respond to a request for comment.

(Reporting by Joshua Franklin in New York; editing by Grant McCool)

Source: OANN

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Danish police detain 23 after provocateur sparks violence

Danish police say 23 people have been detained for violence after a far-right provocateur tossed a copy of the Quran in the air in an immigrant neighborhood in Copenhagen.

Copenhagen police said Monday the detainees were suspected of being behind dozens of arson fires of cars and garbage containers mainly in Noerrebro, an immigrant district in the Danish capital.

The unrest started after Rasmus Paludan, a lawyer who cites freedom of speech rights as he stages demonstrations across Denmark under heavy police protection, threw Islam's holy book in the air several times in Noerrebro.

Danish Prime Minister Lars Loekke Rasmussen called Paludan's demonstration "a meaningless provocation."

Source: Fox News World

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Rudy Giuliani on the release of the Mueller Report: ‘This president has been treated totally unfairly’

Shortly after Special Counsel Robert Mueller’s Russia report was released to Congress and the public, President Trump's personal attorney, Rudolph Giuliani, reacted to the findings on“America’s Newsroom” saying: “This president has been treated totally unfairly.”

“We're very, very happy," he added. "I mean it’s a clear victory. I think any lawyer would say when you get a declination you just won.”

READ THE REPORT

Giuliani said he read “every single page” of the nearly 500-page report on Mueller’s nearly two-year investigation into Russian meddling and potential collusion with Trump campaign associates during the 2016 presidential election. Giuliani said he started reading the report on Tuesday and had to go to a “secure room” in the U.S. Department of Justice (DOJ) building to go through it. He said he wasn’t allowed to take the report out of the building or photograph it.

As stated in Attorney General William Barr’s summary last month, and reiterated again at his press conference Thursday morning, the special counsel did not find evidence of collusion with members of the Trump campaign and Russia.

MUELLER REPORT SHOWS PROBE DID NOT FIND COLLUSION EVIDENCE, REVEALS TRUMP EFFORTS TO SIDELINE KEY PLAYERS

“While the investigation identified numerous links between individuals with ties to the Russian government and individuals associated with the Trump Campaign, the evidence was not sufficient to support criminal charges,” the report said.

The version of the report that the Justice Department made public Thursday includes redactions, consistent with Barr’s plan to black out portions of the document—including grand jury material.

The report also dove into possible obstruction of justice allegations, while stating the special counsel did not make a traditional prosecutorial judgment regarding the president’s conduct on that front. The report noted that they obtained evidence about the president’s “actions and intent,” and that presented “difficult issues that would need to be resolved” if they were making a traditional judgment.

TRUMP BLASTS RUSSIA PROBE AS 'HOAX' AND 'HARASSMENT' AHEAD OF MUELLER REPORT RELEASE

“While this report does not conclude that the President committed a crime, it also does not exonerate him,” the report stated.

Giuliani said: “This is a little strange because the special counsel has used a standard of proof that's unheard of. He (Mueller) says he can't be conclusively sure that the president didn't commit obstruction, well you know, that means the president has to prove his innocence, which kind of upends 2,000 years of jurisprudence. But be that as it may, that's the reason maybe why he was confused."

He then referenced the second page of the Mueller report. “He says we can't conclude the president committed a crime but we can't exonerate him. Well, nobody is asking him to exonerate him. And the reality is that the overarching principle of obstruction law is very, very hard to make an obstruction case when there is no proof there is an underlying crime so you have to assume the president is innocent, which he is,” said Giuliani.

Giuliani added that he thinks “it would be good” if Mueller testified before Congress adding, “This all began as, 'was there collusion with the Russians?' And now we're having an academic debate over obstruction of justice.”

CLICK HERE TO GET THE FOX NEWS APP

He went on to say: “The big victory is, no collusion with the Russians. I don't think you could be any clearer, you can read that collusion 200 pages as much as you want. Believe me, I was up two nights going through it and you are not going to find a darn thing that shows that President Trump or anybody on his campaign had any kind of connection with whatever the Russians were doing.”

Source: Fox News Politics

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U.S. job openings increase by 102,000 in January

Job seekers speak with potential employers at a City of Boston Neighborhood Career Fair on May Day in Boston
FILE PHOTO: Job seekers speak with potential employers at a City of Boston Neighborhood Career Fair on May Day in Boston, Massachusetts, U.S., May 1, 2017. REUTERS/Brian Snyder

March 15, 2019

WASHINGTON (Reuters) – U.S. job openings in January increased in January, led by vacancies at wholesalers, real estate and information sectors, suggesting that a near-stall in hiring in February was probably in part because of a shortage of qualified workers.

Job openings, a measure of labor demand, rose by 102,000 to a seasonally adjusted 7.58 million, the U.S. Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS, on Tuesday. That was not too far from a record high of 7.63 million touched in November.

The job openings rate rose to 4.8 percent from 4.7 percent in December. Hiring rose to 5.80 million from 5.72 million in December. Anecdotal evidence has been growing of companies experiencing difficulties finding workers, a phenomenon that economists expect will slow down job growth this year.

The government reported last week that nonfarm payrolls increased by only 20,000 jobs in February, the weakest since September 2017. Job gains are expected to slow to around 150,000 per month this year as workers become more scarce.

(Reporting By Lucia Mutikani; editing by Jonathan Oatis)

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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FILE PHOTO: Ford logo is seen at the North American International Auto Show in Detroit, Michigan
FILE PHOTO: The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo

April 26, 2019

(Reuters) – Ford Motor Co said on Friday the U.S. Department of Justice had opened a criminal investigation into the automaker’s emissions certification process in the United States.

The potential concern does not involve the use of defeat devices, the company said in a regulatory filing. (https://bit.ly/2VqjHpl)

Ford had voluntarily disclosed the matter to the U.S. Environmental Protection Agency and the California Air Resources Board in February.

(Reporting by Ankit Ajmera in Bengaluru; Editing by James Emmanuel)

Source: OANN

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