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Twitter co-founder Evan Williams steps down from board

FILE PHOTO: Twitter co-founder Williams speaks on stage during TechCrunch Disrupt SF 2012 in San Francisco
FILE PHOTO: Twitter co-founder Evan Williams speaks on stage during TechCrunch Disrupt SF 2012 at the San Francisco Design Center Concourse in San Francisco, California September 12, 2012. REUTERS/Stephen Lam/File Photo

February 22, 2019

(Reuters) – Twitter Inc said on Friday one of its co-founders, Evan Williams, will be stepping down as a member of its board at the end of the month.

Williams, who also announced the move in a series of tweets, is currently the chief executive officer of online publishing website Medium and had also served as the CEO of Twitter.

“I’m very lucky to have served on the @Twitter board for 12 years (ever since there was a board). It’s been overwhelmingly interesting, educational—and, at times, challenging,” he tweeted https://twitter.com/ev/status/1099062064838930432.

(Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)

Source: OANN

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U.S. House judiciary panel told to expect Mueller report at 5 p.m.: reports

FILE PHOTO: Robert Mueller listens at the U.S. Senate Judiciary Committee at an oversight hearing about the FBI on Capitol Hill in Washington
FILE PHOTO: Robert Mueller, as FBI director, listens at the U.S. Senate Judiciary Committee at an oversight hearing about the Federal Bureau of Investigation on Capitol Hill in Washington, June 19, 2013. REUTERS/Larry Downing/File Photo

March 22, 2019

WASHINGTON (Reuters) – The U.S. House Judiciary Committee has been told to expect notification by 5 p.m. EDT (2100 GMT) that U.S. Special Counsel Robert Mueller’s report has been delivered to Attorney General William Barr, according to media reports.

Mueller had been investigating Russian meddling in the 2016 election and if the Trump campaign colluded with Moscow, allegations that Russia and Trump denies.

(Reporting by Makini Brice; Editing by Eric Beech)

Source: OANN

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Sudan’s military rulers fire top chief prosecutor, aids

Sudan's ruling military council says it has fired the country's top prosecutor days after the military ousted autocratic president Omar al-Bashir.

Tuesday's statement by the council says its head, Gen. Abdel-Fattah Burhan, dismissed general prosecutor Omar Abdel-Salam and two of his aids.

The Sudanese Professionals Association, which has spearheaded the protests, has called for the dismissal of all top judges and prosecutors among a package of demands. Those include the prosecution of those behind the Islamist-backed military coup in 1989, the dissolution of all pro-government unions and a freeze on the assets of top officials in al-Bashir's government.

Last week, Sudan's military ousted al-Bashir following four months of street protests against his rule, then appointed a military council it says will rule for no more than two years while elections are organized.

Source: Fox News World

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US durable goods orders fall 1.6% in February

Orders to U.S. factories for big-ticket manufactured goods fell 1.6% in February, the biggest drop in four months, reflecting a plunge in the volatile commercial aircraft category. Demand in a key sector used to track business investment decisions also declined in February.

The Commerce Department said Tuesday that the February decline came after a small 0.1% rise January and was the weakest showing since a 4.3% fall in October. Orders in a category that serves as a proxy for business investment plans edged down 0.1% in February after a 0.9% advance in January.

The manufacturing sector has been strained for the past few months, reflecting a global economic slowdown and rising trade tensions which have hurt U.S. exports. But there have been more hopeful signs recently.

Source: Fox News National

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Nike fines $14 million for blocking cross-border sales of soccer merchandise

The Nike swoosh logo is seen outside the store on 5th Ave in New York
The Nike swoosh logo is seen outside the store on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri

March 25, 2019

BRUSSELS (Reuters) – EU antitrust regulators fined U.S. sportswear maker Nike 12.5 million euros ($14.14 million) on Monday for restricting cross-border sales of merchandising products of five European football clubs and the a football federation.

The European Commission said Nike’s illegal practices occurred between 2004 to 2017 and related to licensed merchandise for FC Barcelona, Manchester United, Juventus, Inter Milan, AS Roma and the French Football Federation.

The sanction came following a two-year investigation triggered by a sector inquiry into e-commerce and bans by some retailers on cross-border sales of some products.

($1 = 0.8839 euros)

(Reporting by Foo Yun Chee)

Source: OANN

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SAS pilots in Norway go on strike: mediator

FILE PHOTO: A SAS Airbus A320 airplane takes off from the airport in Palma de Mallorca
FILE PHOTO: A Scandanavian Airlines, known as SAS, Airbus A320-200 airplane takes off from the airport in Palma de Mallorca, Spain, July 29, 2018. REUTERS/Paul Hanna

April 26, 2019

OSLO (Reuters) – Wage talks broke down on Friday between SAS and its pilots in Norway, triggering a strike, a government-appointed mediator said in a statement.

SAS said earlier its Swedish pilots would also go on strike, affecting tens of thousands of passengers.

(Reporting by Terje Solsvik; Editing by Jacqueline Wong)

Source: OANN

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Burundi authorities detain schoolgirls accused of scribbling over president’s picture

FILE PHOTO: Burundi's President Pierre Nkurunziza walks during a ceremony in tribute to the former late President Colonel Jean-Baptiste Bagaza at the national congress palace in Bujumbura, Burundi
FILE PHOTO: Burundi's President Pierre Nkurunziza walks during a ceremony in tribute to the former late President Colonel Jean-Baptiste Bagaza at the national congress palace in Bujumbura, Burundi May 16, 2016. REUTERS/Evrard Ngendakumana/File Photo

March 21, 2019

NAIROBI (Reuters) – Burundian authorities have charged three schoolgirls accused of defacing a picture of President Pierre Nkurunziza, spokeswoman for the country’s Supreme Court, Agnès Bangiricenge, said on Thursday.

The three girls were among seven school children arrested last week in Kirundo province, in Burundi’s northeast and some 200 kilometers from the commercial capital Bujumbura. Four others were subsequently released.

All were all accused of insulting Nkurunziza by scribbling over images of him printed in their school text books.

A regional court in Kirundo decided on Wednesday to detain the three further and proceed with a full trial, Bangiricenge said.

They will await trial in a nearby prison and could face up to five years in jail on conviction, a judge told Reuters on condition of anonymity.

“It is true that scribbling (on the president’s picture) is a punishable offence under the Burundian law but since it was committed by teenagers, I believe  this is a mitigating circumstance,” David Ninganza, a children’s rights defender working for local group SOGEPAE, told Reuters.

“Those school children are not engaged in any political fights and need no political posts. That’s why judges have to consider all those issues in their investigations.”

School children have in the past been kicked out of school for similar offences, with some jailed and released. 

In 2016, 11 children were jailed on accusations of defacing a photograph of Nkurunziza in a school text book.

In another incident in the same year, more than 300 students of a school in the capital’s Ruziba neighborhood were sent home after being accused of defacing Nkurunziza’s image.

Hundreds of Burundians have been killed in clashes with security forces and half a million have fled abroad since Nkurunziza announced in 2015 he would run for a third term in what his opponents saw as a breach of the constitution. He won re-election.

Early this month, the U.N. High Commissioner for Human Rights Michelle Bachelet said Burundi had forced the United Nations to shut its local human rights office after 23 years.

In 2016 Burundi suspended all cooperation with the U.N. human rights office in Burundi after a U.N.-commissioned report accused the Bujumbura government and its supporters of being responsible for crimes against humanity.

Bachelet said there were still credible reports of serious human rights violations in Burundi, including arbitrary killings, forced disappearances, ill-treatment, arrests and detention, and curbs on freedom of association, expression and movement.

(Writing by George Obulutsa; Editing by Elias Biryabarema and Peter Graff)

Source: OANN

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FILE PHOTO: Chevron's Michael Wirth speaks at Gastech, the world's biggest expo for the gas industry, in Chiba
FILE PHOTO: Chevron’s Michael Wirth speaks at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai

April 26, 2019

HOUSTON (Reuters) – Chevron Corp on Friday pushed back at the potential for a rival to break up its $33 billion deal for Anadarko Petroleum Corp, saying the two companies had already begun meetings on a merger plan.

Occidental Petroleum on Thursday sought to scuttle the proposed deal, submitting a higher, $38 billion cash-and-stock offer for Anadarko. Anadarko’s board said on Thursday it would evaluate the new proposal.

“I’ll just remind everyone that we’ve got a signed deal that has been approved by both boards and we’ve moving forward with integration planning,” said Chevron Chief Executive Michael Wirth on a conference call with analysts. He said a “sizeable” group of employees had already met.

Wirth declined to say whether Chevron would raise its offer in light of Occidental’s higher bid. Chevron has the ability revise the structure of its 75 percent stock, 25 percent cash bid, Chevron finance chief Pierre Breber said on the same call. “We could put more cash in if that’s what Anadarko wanted to do,” he said.

(Reporting by Gary McWilliams; Editing by James Dalgleish)

Source: OANN

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FILE PHOTO: Naqvi Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the WEF in Davos
FILE PHOTO: Arif Naqvi, Founder and Group Chief Executive of Abraaj Group attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich/File Photo

April 26, 2019

By Tom Arnold

LONDON (Reuters) – A London court case to extradite Arif Naqvi, founder of collapsed private equity firm Abraaj Group, to the United States on fraud charges was adjourned until May 24, a court official said on Friday.

Naqvi was remanded in custody until that date, the official said. A former managing partner of Dubai-based Abraaj, Sev Vettivetpillai, was released on conditional bail to appear again at Westminster Magistrates Court on June 12, the official said.

Under the U.S. charges, both men are accused of defrauding U.S. investors by inflating positions held by Abraaj in order to attract greater funds from them, causing them financial loss, the official said.

Vettivetpillai could not be reached for a comment.

Naqvi, in a statement released through a PR firm, has pleaded innocent.

The U.S. Securities and Exchange Commission alleges that Naqvi and his firm raised money for the Abraaj Growth Markets Health Fund, collecting more than $100 million over three years from U.S.-based charitable organizations and other U.S. investors.

Naqvi and Vettivetpillai were arrested in Britain earlier this month. Another executive, Mustafa Abdel-Wadood was arrested at a New York hotel, Assistant U.S. Attorney Andrea Griswold said at a hearing in Manhattan federal court on April 11.

Abdel-Wadood appeared at the Manhattan hearing and pleaded not guilty to securities fraud, wire fraud and conspiracy charges.

(Editing by Jane Merriman)

Source: OANN

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Former Vice President Joe Biden announces his 2020 candidacy
Former U.S. Vice President Joe Biden announces his candidacy for the Democratic presidential nomination in this still image taken from a video released April 25, 2019. BIDEN CAMPAIGN HANDOUT via REUTERS ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES

April 26, 2019

By James Oliphant

WASHINGTON (Reuters) – Former U.S. Vice President Joe Biden, in his first interview as a Democratic presidential candidate, said on Friday that he does not believe he treated law professor Anita Hill badly during the 1991 confirmation hearings for Supreme Court Justice Clarence Thomas.

Biden had joined the burgeoning 2020 Democratic field a day earlier.

Biden’s conduct during those hearings, when he was chairman of the U.S. Senate Judiciary Committee, became a renewed subject of controversy after the New York Times reported that Biden had called Hill earlier this month in the run-up to his presidential bid and that Hill was dissatisfied with Biden’s expression of regret.

Appearing on ABC’s “The View,” Biden largely defended his actions as a senator almost 30 years ago, saying he believed Hill’s allegations of sexual harassment levied at Thomas and tried to derail his confirmation.

Activists have long been unhappy that Hill was questioned in graphic detail by the all-white, all-male committee chaired by Biden.

“I’m sorry she was treated the way she was treated,” Biden said, but later, he asserted, “I don’t think I treated her badly. … How do you stop people from asking inflammatory questions?”

“There were a lot of mistakes made across the board and for those I apologize,” he said.

Biden praised Hill as “remarkable” and said she is “one of the reasons we have the #MeToo movement.”

Asked why he had not reached out to Hill earlier, Biden said he had previously publicly stated he had regrets about her treatment and that he “didn’t want to quote invade her space.”

That seemed to be a reference to another controversy that looms over Biden’s presidential run: allegations by several women that he made them uncomfortable by touching them at political events.

Biden also addressed that criticism, saying he was now more “cognizant” about a woman’s “private space.” But he maintained that he had been “trying to bring solace.”

He suggested he was still trying to sort out the guidelines for his conduct going forward.

“I should be able to read better,” he said. “I have to be more careful.”

Pressed by the show’s panel for an apology to his accusers, Biden would not entirely capitulate.

“So, I invaded your space,” he replied. “I mean, I’m sorry this happened. But I’m not sorry in a sense that I think I did anything that was intentionally designed to do anything wrong or be inappropriate.”

Biden, 76, served as former President Barack Obama’s vice president for two terms. He is competing with 19 others for the Democratic presidential nomination and the chance to likely face President Donald Trump next year in the general election.

His first public event as a presidential candidate is scheduled for Monday in Pittsburgh.

(Reporting by James Oliphant; editing by Jonathan Oatis)

Source: OANN

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FILE PHOTO: The logo of Tesla is seen in Taipei
FILE PHOTO: The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Noel Randewich

SAN FRANCISCO (Reuters) – Tesla Inc’s stock slumped over 4% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results and a pitch by Chief Executive Elon Musk on autonomous cars that failed to win over investors.

With investors betting Tesla will soon raise capital, the stock has fallen 13% for the week to its lowest level since January 2017, before the launch of the Model 3 sedan aimed at making the electric car maker profitable.

One positive development for Tesla: a U.S. District Court judge on Friday granted a request by Musk and the Securities and Exchange Commission for a second extension to resolve a dispute over Musk’s use of Twitter.

On Wednesday, Tesla posted a worse-than-expected loss of $702 million for the March quarter. Musk said Tesla would return to profit in the third quarter and that there was “some merit” to raising capital.

Musk is still battling to convince investors that demand for the Model 3, the company’s first car aimed at the mass consumer market, is “insanely” high, and that it can be delivered efficiently to customers around the world.

Tesla ended its first quarter with $2.2 billion, down from $3.7 billion in the prior quarter, and the company is planning expansions including a Shanghai factory, an upcoming Model Y SUV, and other projects.

(GRAPHIC: Tesla’s cash – https://tmsnrt.rs/2DyJjX6)

On Monday, Musk hosted a self-driving event, where he predicted Tesla would have over a million autonomous vehicles by next year. Some analysts perceived the presentation as a way to deflect attention from questions about demand, margin pressure, increasing competition and even Musk’s ongoing battle with U.S. regulators.

Tesla’s stock has now fallen 29 percent in 2019 and the company’s market capitalization has declined to $41 billion from $63 billion in mid-December.

(GRAPHIC: Tesla’s declining market cap – https://tmsnrt.rs/2Dwd62r)

Analysts now expect Tesla’s revenue to expand 19% in 2019, compared with 83% growth in 2018 and 68% growth in 2017, according to Refinitiv.

Following Tesla’s quarterly report, 12 analysts recommend selling the stock, while 11 recommend buying and eight are neutral. The median analyst price target is $275, up 16% from the stock’s current price of $236. Berenberg analyst Alexander Haissl has the most optimistic price target, at $500, while Cowen and Company’s Jeffrey Osborne has the lowest, at $160, according to Refinitiv.

(Reporting by Noel Randewich; editing by Jonathan Oatis)

Source: OANN

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Former CIA Director John Brennan pushed back Friday on President Trump’s charge that he knew about or participated in an attempt to overthrow the American government.

“I don’t think it’s surprising at all that we continue to hear the sociopathic ramblings of Mr. Trump claiming that there was this effort to try to prevent him from being elected or to unseat him,” he told MSNBC’s Hallie Jackson.

Brennan was reacting to comments Trump made during an interview with Sean Hannity on Thursday night.

Trump specifically criticized Brennan, along with former Director of National Intelligence James Clapper, former FBI Director James Comey, and former Deputy FBI Director Andrew McCabe, in the fiery interview.

ROSENSTEIN SLAMS OBAMA ADMINISTRATION FOR CHOOSING ‘NOT TO PUBLICIZE FULL STORY’ OF RUSSIA HACKING

His comments followed the release of Special Counsel Robert Mueller‘s report which stopped short of accusing the president of either obstruction of justice or collusion with Russia.

Brennan added he welcomed further investigation into his and other officials’ conduct while they served in government. “I’ve testified in front of Congress … Absolutely, I’ll do it again,” he said.

Brennan also disputed Sen. Rand Paul’s, R-Ky., claim that he “insisted that the unverified and fake Steele dossier be included in the Intelligence Report.”

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Journalist Bob Woodward similarly promoted the idea that the CIA pushed to include the Steele dossier in the intelligence community assessment surrounding Russian election interference.

“That’s absolutely incorrect and 180 degrees from the truth. It was CIA that was pushing not to have it included and not to be taken into account at all in that intelligence community assessment.

Source: Fox News Politics

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