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Danone sells U.S. organic salad business to Taylor Farms

The logo of French food group Danone is seen at the company's headquarters in Paris
The logo of French food group Danone is seen at the company's headquarters in Paris, France, December 20, 2017. REUTERS/Charles Platiau

April 12, 2019

PARIS (Reuters) – French food group Danone said on Friday it had signed a definitive agreement for the sale of Earthbound Farms, its U.S. organic salad business, to California-based Taylor Farms.

Financial terms of the deal were not disclosed.

The sale of Earthbound Farms, which had 2018 sales of about $400 million, is part of Danone’s portfolio management and capital allocation optimization strategy, the company statement said.

Danone Chief Executive Emmanuel Faber said in February the loss-making Earthbound Farms was under “intense strategic scrutiny”.

(Reporting by Dominique Vidalon; Editing by Rashmi Aich)

Source: OANN

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Trump stands by border closure threat, as aides say all options being explored

President Trump on Tuesday stood by his threat to close the southern border, as his aides said that it is one of a number of options being explored to tackle the growing crisis there.

“I’m ready to close it if I have to close it,” Trump told reporters in the Oval Office as he sat alongside NATO Secretary General Jens Stoltenberg.

TRUMP THREATENS TO CLOSE BORDER 'NEXT WEEK' IF MEXICO DOESN'T 'IMMEDIATELY STOP' FLOOD OF ILLEGAL IMMIGRANTS

On Friday, Trump threatened to close the border “next week” if Mexico doesn’t stop the flows of illegal immigration into the U.S. He also repeated his demand that Democrats in Congress agree to toughen immigration laws.

That threat came after new numbers showed that more than 76,000 migrants were detained in February -- the highest number of apprehensions in 12 years. Meanwhile, U.S. Customs and Border Protection Commissioner Kevin McAleenan said that the border was at its “breaking point.”

Trump stood by his threat Tuesday and while he said that Mexico had "made a big difference" and had increased its efforts to stop Central Americans from traveling north, he warned he was still open to closing the border.

"If we don't make a deal with Congress...or if Mexico doesn't do what they should be doing...then we're going to close the border, that's going to be it, or we're going to close large sections of the border, maybe not all of it," he said.

"We're going to have a strong border or we're going to have a closed border," he said. "We're going to see what happens."

He also brushed off concerns about what effect shutting down the border would have on the economy, saying that national security was a more important consideration: “Security is more important to me than trade."

Earlier, White House aides had indicated that closing the border was one of a number of options being considered as a way to deal with the situation there. White House Press Secretary Sarah Sanders said on “America’s Newsroom” Tuesday that Trump was not keen on shuttering the border, but blamed alleged inaction from Democrats in Congress, saying it could force his hand.

"Democrats in Congress are leaving us no choice. They're unwilling to work with us to fix this problem because they're too busy playing politics to do their jobs," she said.

White House spokesman Hogan Gidley said on MSNBC that the White House was considering a number of options short of closing the border, such as shutting down certain entry ports or parts of all of them.

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"Everything is on the table," he said.

Homeland Security officials said that, even though the border has not been shut down, there have been mounting delays at ports of entry as some 2,000 border officers have been reassigned to deal with incoming migrants. Average wait times at Brownsville, Texas, were 180 minutes Monday, twice the length of peak times last year.

The Associated Press and Fox News' Anna Hopkins contributed to this report.

Source: Fox News Politics

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Lawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers

A Cargill logo is pictured on the Provimi Kliba and Protector animal nutrition factory in Lucens
FILE PHOTO: A Cargill logo is pictured on the Provimi Kliba and Protector animal nutrition factory in Lucens, Switzerland, September 22, 2016. REUTERS/Denis Balibouse

April 23, 2019

By Jonathan Stempel

(Reuters) – Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels.

Tyson Foods Inc, Cargill Inc, the JBS USA unit of Brazil’s JBS SA and National Beef Packing Co were accused of colluding since Jan. 2015 to suppress the price of “fed” cattle, which is cattle raised specifically for beef production, with a goal of improving margins and profitability.

The 104-page complaint by the Ranchers Cattlemen Action Legal Fund United Stockgrowers of America (R-CALF) and four cattle-feeding ranchers was filed in Chicago federal court, and seeks compensatory, punitive and triple damages.

It resembles litigation in the same court in which companies, including Tyson and JBS, have been accused of conspiring to fix prices of broiler chickens and pork.

Tyson said the lawsuit was “baseless,” and that as in the chicken and pork lawsuits there was no merit to the claim it colluded. “Tyson wants its suppliers to succeed,” it added.

The other defendants did not immediately respond to requests for comment.

According to the complaint, Tyson, Cargill, JBS and National Beef conspired to suppress prices through such tactics as importing foreign cattle at a loss, closing slaughter plants, and reducing slaughter and purchase volumes.

The conspiracy “encouraged an apprehension amongst producers that they might not be able to ‘get their cattle dead'” unless prices were cut, and led to an artificial 7.9 percent average reduction in fed cattle prices, the complaint said.

Tyson, Cargill, JBS and National Beef controlled more than 81 percent of the market for U.S. fed cattle in 2017, with more than $48 billion of beef sales in that fiscal year, the complaint said.

The lawsuit is meant to “prevent the Big 4 packers from capturing the U.S. cattle market from independent U.S. cattle producers,” R-CALF Chief Executive Bill Bullard said in a statement provided by the group’s lawyers. “We hope U.S. cattle ranchers can be compensated for years of significant losses.”

The case is Ranchers Cattlemen Action Legal Fund United Stockgrowers of America et al v Tyson Foods Inc et al, U.S. District Court, Northern District of Illinois, No. 19-02726.

(Reporting by Jonathan Stempel in New York; editing by Bill Berkrot)

Source: OANN

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Continental, Valeo seek EU antitrust action against Nokia

FILE PHOTO: A Nokia logo is seen at the company's headquarters in Espoo
FILE PHOTO: A Nokia logo is seen at the company's headquarters in Espoo, Finland, May 5, 2017. REUTERS/Ints Kalnins/File Photo

April 17, 2019

By Foo Yun Chee

BRUSSELS (Reuters) – German car parts maker Continental and French rival Valeo have joined Daimler and Bury Technologies to seek an EU antitrust investigation into Nokia’s patent licensing practices for cars, the Finnish tech company said on Wednesday.

Last month, German carmaker Daimler and Bury complained to the European Commission about Nokia’s patents essential to car communications. The complaint highlights ongoing disputes between tech companies and the car industry on royalties paid on technologies used in navigation systems, vehicle-to-vehicle communication and self-driving cars.

Nokia was notified of the Bury, Continental and Valeo complaints at the same time that the Commission told the company of Daimler’s complaint, a Nokia spokesman said.

The EU competition enforcer confirmed Continental’s complaint and said it was assessing this as well as those from Daimler and Bury.

“The reason for this complaint is that we believe Nokia is not exercising fair practices regarding the licensing of their alleged standard essential patents,” Continental said in a statement.

Companies with key patents are expected to offer these on fair, reasonable and non-discriminatory terms.

Valeo confirmed filing an EU complaint on the basis of abuse of a dominant position by Nokia.

Nokia, which has a highly lucrative portfolio of patents inherited from the time when it was a leading mobile phone maker, said it had started talks with carmakers and their primary suppliers in 2015 on the use of its patents.

(Reporting by Foo Yun Chee, additional reporting by Jan Schwartz in Hamburg and Gilles Guillaume in Paris. Editing by Jane Merriman)

Source: OANN

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Navy: 1 hurt in domestic shooting at base, shooter killed

Navy officials say a male sailor shot and wounded a female sailor assigned to the same squadron before security personnel at a Virginia base fatally shot him.

Naval Air Station Oceana's commanding officer, Capt. Chad Vincelette, said in a statement that the domestic shooting took place early Friday in a parking lot outside a hangar at Strike Fighter Squadron 37.

Vincelette says the woman was shot several times and is hospitalized with non-life-threatening injuries.

Vincelette says both sailors were assigned to the squadron, but their identities won't be immediately released. He says officials will investigate how the sailor got a weapon onto the base, which has a no-weapons policy, and the motive behind the shooting.

The station is the Navy's master jet base for fighters on the East Coast.

Source: Fox News National

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Mulvaney says ‘something dramatic’ would have to happen for Trump to not shut down border

Acting White House Chief of Staff Mick Mulvaney said on Sunday that “something dramatic” would have to happen for President Trump to not follow through with his vow to shut down the United States’ southern border.

“When Jeh Johnson said it’s a crisis, I hope people now believe us,” Mulvaney said during an interview on ABC’s “This Week.” “Democrats didn’t believe us a month ago, two months ago, when we said what was happening at the border was a crisis: a humanitarian crisis, a security crisis.”

Mulvaney added: “100,000 people coming across the border this month… that is a crisis.”

Mulvaney’s comments come just days after Trump declared he is likely to shut down America's southern border next week unless Mexican authorities immediately halt all illegal immigration.

TRUMP THREATENS TO CLOSE BORDER 'NEXT WEEK' IF MEXICO DOESN'T 'IMMEDIATELY STOP' FLOOD OF ILLEGAL IMMIGRANTS

Trump has been promising for more than two years to build a long, impenetrable wall along the border to stop illegal immigration, though Congress has been reluctant to provide the money he needs. In the meantime, he has repeatedly threatened to close the border, but this time, with a new surge of migrants heading north, he gave a definite timetable.

A substantial closure could have an especially heavy impact on cross-border communities from San Diego to South Texas, as well as supermarkets that sell Mexican produce, factories that rely on imported parts, and other businesses across the U.S.

The U.S. and Mexico trade about $1.7 billion in goods daily, according to the U.S. Chamber of Commerce, which said closing the border would be "an unmitigated economic debacle" that would threaten 5 million American jobs.

Trump tweeted Friday morning, "If Mexico doesn't immediately stop ALL illegal immigration coming into the United States through our Southern Border, I will be CLOSING the Border, or large sections of the Border, next week."

Trump's latest declaration came after Mexican President Andres Manuel Lopez Obrador said his country was doing its part to fight migrant smuggling. Criminal networks charge thousands of dollars a person to move migrants through Mexico, increasingly in large groups toward remote sections of the border.

"We want to have a good relationship with the government of the United States," Lopez Obrador said Friday. He added: "We are going to continue helping so that the migratory flow, those who pass through our country, do so according to the law, in an orderly way."

HOUSE DEMS FAIL TO OVERRIDE TRUMP VETO IN FIGHT OVER BORDER EMERGENCY DECLARATION

Trump also moved Saturday to cut direct aid to El Salvador, Guatemala and Honduras, whose citizens are fleeing north and overwhelming U.S. resources at the border.

The State Department notified Congress that it would look to suspend 2017 and 2018 payments to the trio of nations, which have been home to some of the migrant caravans that have marched through Mexico to the U.S. border.

Sen. Bob Menendez, D-N.J., ranking member of the Senate Foreign Relations Committee, spoke out Saturday against cutting off aid to Central America, declaring that "foreign assistance is not charity; it advances our strategic interests and funds initiatives that protect American citizens."

And a group of House Democrats visiting El Salvador denounced the administration's decision to cut aid to the region.

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"As we visit El Salvador evaluating the importance of U.S. assistance to Central America to address the root causes of family and child migration, we are extremely disappointed to learn that President Trump intends to cut off aid to the region," said the statement from five lawmakers, including Rep. Eliot L. Engel of New York, who chairs the House Foreign Affairs Committee. "The president's approach is entirely counterproductive."

The Trump administration has threatened before to scale back or cut off U.S. assistance to Central America. Congress has not approved most of those proposed cuts, however, and a report this year by the Congressional Research Service said any change in that funding would depend on what Congress does.

The Associated Press contributed to this report.

Source: Fox News Politics

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China central bank to encourage innovation in financial markets this year

FILE PHOTO: Woman walks past the headquarters of the PBOC in Beijing
FILE PHOTO: A woman walks past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, June 21, 2013. REUTERS/Jason Lee/File Photo

February 26, 2019

BEIJING (Reuters) – China’s central bank said on Tuesday that it will give guidance on macro-credit policy this year and encourage financial market innovation to boost the economy.

The role of the bond market in replenishing banks’ capital will be strengthened while bond financing by private and small firms will also be encouraged, the People’s Bank of China (PBOC)said in a statement on its website.

Fending off financial risk is still a difficult task, said the PBOC, adding that it will seek to step up risk controls over property financing, the gold market and commercial bill market.

(Reporting by Stella Qiu and Beijing Monitoring Desk; Editing by Nick Macfie)

Source: OANN

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Brazilian President Jair Bolsonaro on Thursday said his government must make men aware of the dangers of poor hygiene after expressing dismay over the 1,000 penis amputations that apparently occur in his country each year.

“In Brazil, we have 1,000 penis amputations a year due to a lack of water and soap,” he said while speaking to reporters in Brasilia after visiting the Education Ministry. “We have to find a way to get out of the bottom of this hole.”

The far-right leader called the figure “ridiculous and sad,” Reuters reported. A spokeswoman for the Brazilian urology society told the news agency the number is based on its official data for penis amputations.

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The amputations were conducted out of necessity over untreated infections, along with complications from HIV and various cancers, she said.

Source: Fox News World

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A top Russian diplomat says Russia is willing to negotiate a new nuclear weapons treaty with the United States and China.

Deputy Foreign Minister Sergei Ryabkov told reporters on Friday Moscow is closely following reports in the United States that the U.S. would like to reach a nuclear weapons deal with both Russia and China, and is “willing” to negotiate. The story was reported by CNN earlier Friday.

Ryabkov also said that Russia “would like to convince” the U.S. to adopt a joint statement that would condemn any use of nuclear weapons.

Ryabkov’s comments come just months after the U.S. withdrew from the Intermediate-Range Nuclear Forces Treaty, a cornerstone of the post-Cold War security, and Russia followed suit. Each claims breaches by the other.

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Government dysfunction and an intelligence failure that preceded the Easter Sunday bombings in Sri Lanka are traced to simmering divisions between the president and prime minister after a weekslong political crisis that crippled the country last year.

The government has admitted to a “lapse of intelligence” after officials failed to act upon near-specific information received from foreign agencies. Suicide bombers exploded themselves last Sunday in three churches and three luxury hotels, killing 253 people and wounding 400 more. Authorities said eight Muslim militants blew themselves up at their targets while the wife of one of the attackers blasted herself on being rounded up by police.

The carnage has brought forth arguments that worshippers and holidaymakers fell victim to the rivalry and a lack of communication between the country’s two leaders — President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

The Cabinet led by Wickremesinghe says neither he nor his ministers were informed of the intelligence received by the defense authorities. Sirisena is the head of state, defense minister, minister in charge of the police and head of the armed forces. He also chairs the National Security Council, which includes the heads of security agencies and departments. Traditionally the prime minister also plays an important role on the council.

According to Health Minister Rajitha Senaratne, Sirisena has not included Wickremesinghe in national security affairs since a dispute between them came into the open in October last year. This is an unusual departure from the protocol, he said.

Senaratne said that Sirisena was overseas when the attacks took place and even after that, the National Security Council refused to meet with Wickremesinghe as he tried to give them instructions.

Sirisena has also said that he was not informed of the intelligence received and vowed to overhaul the leadership of the defense forces.

The top bureaucrat at the Defense Ministry, Hemasiri Fernando, has resigned at Sirisena’s insistence.

“It is a major factor,” said Jehan Perera, the head of local activist group National Peace Council, referring to the alleged lack of coordination between the leaders contributing to the failure to prevent the attacks.

“The primary responsibility has to be taken by the president, he did not give the information and he did not act,” Perera said. “He had the Ministry of Defense, took the police from the prime minister, chaired the National Security Council meetings and did nothing,” Perera said.

Kusal Perera, a journalist and political commentator, says security and intelligence officials should have acted on the information whether or not they received orders from politicians.

“If they (Wickremesinghe and his party) were not invited to the National Security Council, why did not they say in Parliament that they were not responsible for the security of the country any longer,” said Perera, who is not related to Jehan Perera.

“Saying that now is taking political advantage, not taking responsibility,” he said.

Sirisena and Wickremesinghe belong to different political parties but came together for Sirisena’s presidential campaign in 2015. Their relationships broke down and their differences exploded last year when Sirisena suddenly sacked Wickremesinghe as prime minister and appointed in his place former strongman Mahinda Rajapaksa, whom he defeated in the presidential election. The crisis crippled the country for more than seven weeks to the point of not being able to pass this year’s national budget on time.

A court decision compelled Sirisena to reappoint Wickremesinghe, but the two leaders have been rivals within the same government.

Rajapaksa, who is the minority leader in Parliament, blames the government for weakening intelligence and dropping its guard, which he had maintained to defeat the separatist Tamil Tiger rebels 10 years ago to end the 26-year-old civil war. He also criticized the government for the detention of intelligence officers accused of extrajudicial killings and abductions during the closing days of the war, which he said crippled the security apparatus before the bombings. According to conservative U.N estimates, some 100,000 people were killed in Sri Lanka’s conflict.

Sirisena summoned an all-party conference Thursday to which Wickremesinghe was also invited. At the conference, Sirisena stressed “setting aside all the political beliefs and difference (so that) everybody should collectively commit towards building a peaceful environment within the country,” a statement from his office said.

“It is not a secret that the disagreements between me and the government aggravated over the past two years,” Sirisena told the country’s media executives Friday. “One of the reasons for that is weakening of military intelligence and arresting military officials unnecessarily and my speaking up against it within and outside the government.”

Jehan Perera said that the security threat could prove politically advantageous to Rajapaksa and his family, with a presidential election scheduled at the end of this year. Gotabhaya Rajapaksa, a younger brother of Mahinda, was the powerful defense secretary during his brother’s reign and has expressed his interest to join the contest.

“People are saying we want a stronger leader and they are talking about Gotabhaya. It (the blasts) has worked to their benefit,” Perera said.

Source: Fox News World

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Cyprus police are intensifying a search for the remains of more victims at locations where an army officer, who authorities say admitted to killing five women and two girls, allegedly had dumped their bodies.

Police said Friday’s search will concentrate on a military firing range, a reservoir and a man-made lake near an abandoned mine approximately 32 kilometers (20 miles) west of the capital Nicosia.

On Thursday, the 35-year-old suspect told investigators that he had killed four more people than he had previously admitted to. All the suspect’s alleged victims are foreign nationals.

Police have already found the bodies of a 38-year-old Filipino woman and two as yet unidentified women.

Search crews are now looking for the daughter of the 38-year-old, a Romanian mother and daughter and another Filipino woman.

Source: Fox News World

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

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

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

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

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

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

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

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

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

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

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

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

Source: Fox News National

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