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Minnesota’s high winds send trooper tumbling to the ground, video shows

The wind was the winner.

Minnesota State Patrol posted a video of one of its troopers getting pushed to the ground Thursday as high winds, snow and ice storms wreaked havoc on roads and highways throughout the state.

“Wind: 1. Trooper: 0,” the department quipped on Twitter.

The trooper in the video gets back up and battles the wind to slowly walk back to the spot where he'd been directing traffic around a jackknifed semi-truck.

Minnesota State Patrol said the hazardous conditions yesterday were responsible for 317 crashes between 5 a.m. and 9:30 p.m., with 26 of the crashes resulted in injuries.

Officials also said 539 vehicles spun out or went off the road during that time frame and an additional 42 semi-trucks jackknifed.

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“Troopers are responding to more jackknifed semis than I can remember -- most of which the trailers are empty or light loads,” added Sgt. Jesse Grabow. “With the wind and road conditions it’s not going well so please use some good discretion.”

As of Friday morning, long stretches of Interstate-94 remain closed in Minnesota. Despite winter storm warnings still being in effect in some counties, snowfall is forecasted to ease up heading into the weekend.

Source: Fox News National

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Gregg Jarrett: Investigation into Trump-Russia hoax collusion will lead to criminal investigation

Fox News legal analyst Gregg Jarrett said Tuesday on “Hannity” that Attorney General William Barr's review of the Trump-Russia collusion investigation will lead to a criminal investigation.

“A headline today is that William Barr's personally reviewing the conduct of the FBI in launching the Trump Russia collusion hoax. He knows and there is a plethora of evidence that the process by the FBI was corrupted by political bias and personal animus,” Jarrett told Sean Hannity.

GOHMERT UNLOADS ON 'SMIRKING' STRZOK, ASKS IF HE LIED TO HIS WIFE WHILE CHEATING ON HER
 
According to an administration official who briefed Fox News, Barr has assembled a "team" to investigate the origins of the FBI's counterintelligence investigation into the Trump campaign.

Republicans have called for an investigation of the FBI's intelligence practices and the basis of the since-discredited Russian collusion narrative following the conclusion of Special Counsel Robert Mueller's probe -- and they now appear to have assurances that a comprehensive review was underway.

Jarrett laid out a case for a criminal investigation by Barr.

FBI BLAMES SYSTEM-WIDE SOFTWARE FAILURE FOR MISSING STRZOK TEXTS; STRZOK'S MUELLER PHONE TOTALLY WIPED

“There was never any credible evidence to launch the investigation and Lisa Page verified that in her own testimony, Comey grudgingly admitted it. And then they made matters worse, they lie to FISA judges to obtain a wiretap warrant. So all of this I think William Barr is going to investigate,” Jarrett said.

“And when he receives, sometime this week from members of Congress, a criminal referral he will read what they are laying out the facts, the evidence and the law which will initiate, I believe, a criminal investigation by Barr.”

Fox News' Gregg Re and Jake Gibson contributed to this report.

Source: Fox News Politics

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Boeing software engaged repeatedly before crash: sources

FILE PHOTO: Airplane engine parts are seen at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu
FILE PHOTO: Airplane engine parts are seen at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 11, 2019. REUTERS/Tiksa Negeri/File Photo

April 3, 2019

SEATTLE/PARIS (Reuters) – Boeing anti-stall software on a doomed Ethiopian Airlines jet re-engaged as many as four times after the crew initially turned it off due to suspect data from an airflow sensor, two people familiar with the matter said.

It was not immediately clear whether the crew had chosen to re-deploy the system, which pushes the nose of the Boeing 737 MAX downwards, but one person with knowledge of the matter said investigators were studying the possibility that the software had kicked in again without human intervention.

A Boeing spokeswoman declined to comment. Ethiopian investigators were not immediately available for comment.

(Reporting by Eric M. Johnson, Tim Hepher, Jamie Freed, Editing by Laurence Frost)

Source: OANN

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Tiger, GolfTV announce series of head-to-head matches

PGA: WGC - Dell Technologies Match Play - Fourth Round
Mar 30, 2019; Austin, TX, USA; Tiger Woods plays his shot from the sixth tee during the fourth round of the WGC - Dell Technologies Match Play golf tournament at Austin Country Club. Mandatory Credit: Stephen Spillman-USA TODAY Sports

April 4, 2019

Tiger Woods is taking his match-play prowess on the road — again — in a series of head-to-head matches set to stream on GolfTV’s over-the-top (OTT) platforms, according to Discovery president and CEO David Zaslav.

Zaslav announced the news on Wednesday while speaking at the CAA World Congress of Sports at Monarch Beach Resort in Dana Point, Calif., and said one match is already planned for Tokyo and most will take place outside of the United States.

No timeline was given for when the matches will begin.

“Tiger is going to decide what is the best format,” Zaslav said. “Should it be one-on-one? Two-on-two? Should we have two matches going on at the same time? But he’s all in.”

GolfTV was announced last year as part of a long-term partnership between Discovery and the PGA Tour. In November 2018, Discovery secured a multi-year deal with Woods to provide exclusive content for the international streaming service, which launched in January.

Zaslav cited Woods’ made-for-TV spectacle, “The Match,” with Phil Mickelson last Thanksgiving weekend as inspiration for the GolfTV series. The event, hosted by Turner Sports as a pay-per-view event on its B/R Live platform, logged 750,000 unique users.

“We looked at it and said, ‘(That’s) pretty interesting,'” he said. “One million people came in and wanted to watch it — could we improve on it? What could we do? So, we’re going to do a number of those type events (and) Tiger’s excited about it.”

Woods lost to Denmark’s Lucas Bjerregaard in the quarterfinals of last week’s WGC-Dell Match Play in Austin, Texas. His next Tour start will be next week’s Masters, where Woods will go for his fifth green jacket and first since 2005.

–Field Level Media

Source: OANN

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Man surrenders in death of teen daughter shaken in infancy

A Pennsylvania man has turned himself in to face a criminal homicide charge after the death of a teenage daughter he injured when she was an infant.

Authorities say 37-year-old Ariden Jackson surrendered around noon Thursday to Allegheny County detectives. It's not clear whether he has an attorney to speak for him.

Authorities say Jackson told police in May 2005 that he shook 4-week-old Janiya in an apartment in the community of McKees Rocks, near Pittsburgh, because she would not stop crying.

Police say doctors called the injuries life-threatening and "likely to cause long-term developmental disability." Court documents indicate Jackson pleaded guilty to aggravated assault and child and reckless endangerment.

Police say that the now-13-year-old girl died in February of "complications of a seizure disorder resulting from remote abusive head trauma." The death was ruled homicide.

Source: Fox News National

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Foreigners among those targeted in New Zealand mosque attack

Initial reports indicate that several of those killed or wounded in the shooting rampage at two New Zealand mosques were from the Middle East or South Asia.

The attack by an immigrant-hating white nationalist killed at least 49 people as they gathered for Friday prayers.

Bangladesh's honorary consul in Auckland, Shafiqur Rahman Bhuiyan, told The Associated Press that "so far" three Bangladeshis were among those killed and four or five others were wounded, including two left in critical condition.

Two Jordanians were among those killed, and others were wounded. Four Pakistanis were wounded and five are still missing.

Malaysia says two of its citizens were hospitalized, and the Saudi Embassy in Wellington says two Saudis were wounded. Two Indonesians, a father and son, were also among those shot and wounded.

Source: Fox News World

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Guaido says he’s trying to freeze Venezuelan accounts in Switzerland

Venezuela's Guaido attends a news conference to mark the 5th anniversary of the arrest of the opposition leader Leopoldo Lopez in Caracas
FILE PHOTO: Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, attends a news conference to mark the 5th anniversary of the arrest of the opposition leader Leopoldo Lopez in Caracas, Venezuela February 18, 2019. REUTERS/Manaure Quintero

February 20, 2019

(Reuters) – Venezuelan opposition leader Juan Guaido said he spoke to Switzerland’s president on Wednesday to try to freeze banks accounts belonging to the tumultuous South American nation after “irregular movements” were discovered.

Guaido invoked a constitutional provision to claim the presidency three weeks ago, arguing that Nicolas Maduro’s reelection last year was a sham. Since then, Guaido has been trying to control Venezuelan assets overseas.

In an interview with Mexican network Televisa, Guaido said he had spoken with the Swiss president earlier on Wednesday. He did not mention President Ueli Maurer by name and a Swiss foreign ministry spokesman denied the two men had spoken.

Guaido said the Venezuelan government held bank accounts in Switzerland and that irregular efforts to migrate part of those accounts to “another site” had been detected.

“We are doing everything possible to protect these assets that belong to the republic,” he said.

He did not say who had detected the movements in the accounts, whether any money had been transferred, or give further details.

Most Western countries, including the United States, have recognized Guaido as Venezuela’s legitimate head of state, but Maduro retains the backing of Russia and China as well as control of state institutions including the military.

Switzerland has urged protection for Guaido and calls the situation in Venezuela under Maduro “extremely problematic,” but says it formally recognizes states, not governments.

The Swiss Finance Ministry, which Maurer also heads, declined to comment on the Venezuelan accounts, referring further requests for information to the foreign ministry’s asset recovery department.

Switzerland’s Federal Office of Justice said no one in Venezuela so far had sought Swiss legal assistance in tracking down assets.

(Reporting by Adriana Barrera in Mexico City and Michael Shields in Zurich; Writing by Frank Jack Daniel; Editing by Bill Trott and Richard Chang)

Source: OANN

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FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle
FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo

April 26, 2019

NEW YORK (Reuters) – U.S. economic growth is running at a 1.1% pace in the second quarter as the gains in exports and inventories recorded in the first quarter are expected to reverse, Morgan Stanley economists said on Friday.

“Our preliminary expectations for growth in the second quarter sees large drags from net exports and inventories after their contributions in 1Q,” they wrote in a research note.

Gross domestic product increased at a 3.2% annualized rate in the first three months of the year, driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, the Commerce Department said earlier Friday.

(Reporting by Richard Leong)

Source: OANN

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FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

April 26, 2019

By Tom Sims

FRANKFURT (Reuters) – Within hours of the collapse of merger talks with Commerzbank, Christian Sewing scrambled to convince investors and employees that Deutsche Bank can stand on its own two feet.

The Deutsche Bank chief executive told staff, many of whom opposed a merger because of significant job losses, that while he had not been “skeptical” about the Commerzbank talks, he was cautious about the chances of success from the start.

And another top Deutsche Bank executive said on Friday that it had been Commerzbank that initiated the talks, suggesting there was no desperation on their part for a deal.

Commerzbank denied that version of events, ending the apparent truce between the normally highly competitive cross-town Frankfurt rivals over the past six weeks.

German hopes of creating a national banking champion able to challenge global competitors were finally dashed on Thursday when Deutsche Bank and Commerzbank ended their talks due to the risks of doing a deal, restructuring costs and capital demands.

For Sewing, the failure to clinch a deal has left the 49-year-old chief executive of Germany’s largest bank, who took over just over a year ago, with his back to the wall.

Credit ratings agency Standard & Poor’s, which downgraded Deutsche Bank last year, said on Friday that Deutsche Bank “will remain under strain”, adding that it “seems to have acknowledged the need to adjust its strategy”.

Under Sewing, a new leadership has tried to revive Deutsche Bank’s fortunes, but it has faced money laundering allegations and failed stress tests, as well as ratings downgrades.

At the heart of the debate over its future is whether it should focus its business on Germany and draw a line under its costly global ambitions to take on Wall Street’s big guns.

“MARKET PLAY”

Without a deal, Deutsche Bank now finds itself back at the mercy of equity and debt markets, with UBS analysts warning that in a “stress scenario” it could again “be forced into a ‘debt-driven capital increase’ even with solid capital ratios”.

“Deutsche remains a levered market play vulnerable to external events,” the UBS analysts said in a note.

Sewing, along with many analysts, believes Deutsche Bank can go it alone in the short-term, but will be counting on a turnaround in market conditions to do so in the long-run given its dependence on volatile investment bank earnings.

“To reach our return objective, we also need to see a revenue recovery in our more market-sensitive business,” Sewing said on Friday after reporting results.

“These revenues are available to us in better market conditions given our leading positions in many of these businesses, but we need to capture them,” he added.

Revenue at Deutsche Bank’s bond trading division fell 19 percent in the first quarter, it said on Friday, underscoring weakness at its investment bank.

If those earnings do not improve, Berlin’s desire to keep its biggest bank out of foreign hands may start to wane.

“Germany’s globally active companies need competitive financial institutions that can support them around the world,” German finance minister Olaf Scholz said on Thursday.

(Writing by Alexander Smith; Editing by Keith Weir)

Source: OANN

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Panama's former president Ricardo Martinelli yells to the media while arriving to the Electoral Court in Panama City
Panama’s former president Ricardo Martinelli reacts to the media while arriving to the Electoral Court in Panama City, Panama April 26, 2019. REUTERS/Erick Marciscano

April 26, 2019

PANAMA CITY (Reuters) – Panama’s electoral tribunal has ruled that former President Ricardo Martinelli, who is awaiting trial on wiretapping charges, cannot take part in elections on May 5 in which he was running for mayor of Panama City and a seat in Congress, a spokesman for Martinelli said on Friday.

“The ruling of the electoral tribunal has disqualified him as candidate,” said the spokesman, Eduardo Camacho, calling the court’s ruling a “political decision.”

Officials at the tribunal did not immediately confirm the ruling, which also was reported in local media in Panama.

Martinelli, a supermarket tycoon who ran the Central American country from 2009 to 2014, was extradited to Panama last June from the United States and charged with spying on 150 people, including politicians, union leaders and journalists.

A judge had previously cleared Martinelli to run for mayor of the capital. His critics vowed to appeal that decision.

(Reporting by Elida Moreno and Stefanie Eschenbacher; Editing by Bill Trott)

Source: OANN

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FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo

April 26, 2019

(Reuters) – Shares of Walmart, Target and other U.S. retailers fell on Friday as Amazon.com Inc unveiled a one-day delivery plan for its Prime members in a move to further disrupt the fiercely competitive retail landscape.

The e-commerce giant’s announcement on Thursday could cause other brands, manufacturers, retailers, and logistics companies to have to invest more aggressively to compete with Amazon and its delivery, analysts said.

Retailers in recent years have poured billions into ecommerce and faster shipping options and are trying to close the gap with Amazon.

“This is about making it more expensive to catch up and affirms our world view that only the largest and smartest will survive,” Bernstein analyst Brandon Fletcher said.

The move is expected to heighten consumer expectations on e-commerce delivery just like Amazon did with its two-day shipping option for members of its loyalty club Prime, noted analysts.

“The faster you ship, the more people buy,” RBC Capital Markets analyst Mark Mahaney said.

The challenge for non-Amazon players was that very few of the existing logistics and parcel delivery players now have the ability to do nationwide one-day delivery, Morgan Stanley analyst Brian Nowak said.

“And even fewer can do it at the vast scale and reasonable cost that AMZN would need for Prime delivery,” Nowak said in a note.

Walmart Inc’s shares fell about 3 percent, while Target Corp dropped about 5 percent in morning trade.

Shares of Kohl’s Corp, Macy’s Inc and Nordstrom Inc fell about 1 percent. Grocer Kroger Co was nearly 3 percent lower, while consumer electronics retailer Best Buy Inc dropped 2.1 percent.

(Reporting by Soundarya J and Akanksha Rana in Bengaluru; Editing by Maju Samuel)

Source: OANN

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A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) in Beijing
A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool (CHINA – Tags: POLITICS BUSINESS)

April 26, 2019

By April Joyner

NEW YORK (Reuters) – Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies.

Shares of S&P 500 industrial and technology companies, which were buffeted by last year’s tit-for-tat tariffs as well as slowing global demand, have been very responsive to progress in U.S.-China trade relations and a strengthening Chinese economy. This year, those sectors have outpaced the ascent in the S&P 500, which reached a record closing high on Tuesday.

Materials stocks have not been as sensitive, however, even though they also stand to benefit as a stronger Chinese economy lifts global consumption and industrial output. As China has taken measures to stimulate its economy, its economic data have turned more upbeat. That in turn could aid global growth, which has flagged as a result of China’s cooldown.

“What we’re seeing is China spending more on stimulus: fiscal stimulus and monetary stimulus,” said Kristina Hooper, chief global market strategist at Invesco in New York. “That’s likely to be a positive for materials.”

The People’s Bank of China has cut banks’ reserve requirement ratio five times over the past year and is widely expected to ease policy further to spur lending and reduce borrowing costs. The stimulus appears to have boosted Chinese economic data, with factory activity growing in March for the first time in four months.

Yet so far in 2019, the S&P 500 materials index has underperformed the S&P 500 at large, rising just 11.9% compared with 16.7% for the benchmark index. Moreover, it is among the biggest decliners in the period since the S&P’s previous record closing level on Sept. 20. The materials index has fallen 7% over those seven months, versus a 5.2% gain for technology and a 3% loss for industrials. Only the energy index has dropped more over that period.

A trade agreement could serve as a catalyst for a bump in materials shares as a drag on China’s economy is lifted, some market strategists say. Some commodity prices, including those for copper and oil, have ascended this year as the prospects for the global economy have somewhat brightened.

“It all goes back to the global growth outlook,” said Andrea DiCenso, portfolio manager for alpha strategies at Loomis Sayles in Boston. “With the front run in hard data, we’re beginning to see a pretty significant rally.”

Additionally, a trade agreement is expected to include commitments from China to purchase higher quantities of U.S. products such as soybeans, which could benefit companies that make agricultural chemicals, including DowDuPont Inc and CF Industries Holdings Inc.

CF Industries is scheduled to report quarterly results after the bell on Wednesday, and DowDuPont is scheduled to report before the market open on Thursday.

To be sure, even with a trade agreement, some materials companies could face price pressures. Shares of Freeport-McMoRan Inc fell 10.1% on Thursday after the copper mining company posted a lower-than-expected profit as its production slipped and its costs rose.

A rollback of tariffs on Chinese imports, particularly aluminum and steel, would likely prompt a fall in some commodity prices, which could hurt prospects for certain materials companies, said Gene Goldman, chief investment officer at Cetera Investment Management in El Segundo, California.

Even so, those drawbacks may be outweighed by the support for global demand fostered by a U.S.-China trade agreement.

“You could see a number of companies with lowered expectations bring them back up as they talk favorably about the impact that a trade deal would have on them,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

(Reporting by April Joyner; additional reporting by Sinéad Carew; editing by Jonathan Oatis)

Source: OANN

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