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Honeywell-Pratt venture protests U.S. Army’s contract to GE

A logo of Honeywell is pictured on their booth during EBACE in Geneva
FILE PHOTO: A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse

February 19, 2019

(Reuters) – A joint venture of Honeywell International Inc and Pratt & Whitney on Tuesday protested the U.S. Army’s decision to award General Electric Co a contract for new Black Hawk and Apache helicopter engines.

The protest was filed by the joint venture Advanced Turbine Engine Company (ATEC) with the Government Accountability Office (GAO), the engine maker said in a statement.

“In our review of the evaluation, we clearly offered the best value through a combination of a highly rated and technically superior engine that was judged to be much lower risk, and believe we did so significantly under the government’s budget,” ATEC President Craig Madden said.

The contract was for engineering and manufacturing of new Black Hawk and Apache helicopter engines.

GE did not immediately respond to requests for comment.

(Reporting by Rama Venkat in Bengaluru; Editing by Shinjini Ganguli)

Source: OANN

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China auto sales fall 14 percent in February, mark eighth month of decline

Cars drive on a main road through Beijing's central business area
Cars drive on a main road through Beijing's central business area, China January 18, 2019. Picture taken January 18, 2019. REUTERS/Jason Lee

March 11, 2019

BEIJING (Reuters) – China’s automobile sales fell 13.8 percent in February from the same month a year earlier, the country’s biggest auto industry association said on Monday, marking the eighth consecutive month of decline in the world’s largest auto market.

The China Association of Automobile Manufacturers (CAAM) said sales fell to 1.48 million vehicles. That followed declines of 16 percent in January and 13 percent in December.

New energy vehicle sales, in contrast, rose 53.6 percent year-on-year in February, it said.

The figures come as China plans billions of dollars in tax cuts and infrastructure spending to support an economy growing at its slowest pace in almost 30 years due to softer domestic demand and a trade war with the United States.

The government is now trying to persuade consumers to spend and has pledged subsidies to boost rural sales of some vehicles as well as the sales of new energy vehicles.

The sales picture from some Chinese automakers has so far been mixed, with Great Wall Motor Co Ltd reporting 18 percent growth for February, whereas Geely Automobile Holdings Ltd reported a 24 percent decline.

Industry executives also said China’s car sales in January and February tend to be affected by the Lunar New Year holiday, around which consumers often hold off on car-buying decisions.

The holiday’s dates change annually but tend to occur in either month. This year, it took place in the first week of February.

(Reporting by Yilei Sun in BEIJING and Brenda Goh in SHANGHAI; Editing by Christopher Cushing)

Source: OANN

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Winston scores 26 as Michigan State survives Bradley scare

NCAA Basketball: NCAA Tournament-First Round-Bradley vs Michigan State
Mar 21, 2019; Des Moines, IA, United States; Michigan State Spartans forward Xavier Tillman (23) drives to the basket against Bradley Braves guard Nate Kennell (25) during the second half in the first round of the 2019 NCAA Tournament at Wells Fargo Arena. Mandatory Credit: Steven Branscombe-USA TODAY Sports

March 21, 2019

Cassius Winston scored 26 points to lead No. 2 Michigan State to a 76-65 victory over No. 15 Bradley in Thursday’s first round of the East Region of the NCAA Tournament in Des Moines, Iowa.

Winston made all eight of his free throws and the Spartans (29-6) finished 25-of-26 at the stripe. Xavier Tillman had 16 points and 11 rebounds and Matt McQuaid added 10 points.

Elijah Childs scored 19 to lead Bradley (20-15), the tournament champions from the Missouri Valley Conference who were back in the NCAA tourney for the first time in 13 years. Darrell Brown added 17 points, Dwayne Lautier-Ogunleye scored 14 and the Braves made nine 3-pointers to keep the game close.

It didn’t take Michigan State long to realize it was in a for a fight as Bradley jumped to a quick 10-4 lead, nailing a pair of 3-pointers. The Spartans responded with a 9-0 run to take a 13-10 lead, but the momentum would be short lived for Michigan State.

The Spartans could never pull away, going just 2 for 10 from 3-point range in the first half. Meanwhile, Bradley buried 6 of 9 from long range, its final two giving the Braves a 35-34 lead at halftime after Michigan State failed to get a shot off on its final possession.

After Childs scored the first four points of the second half, Michigan State went on a 10-0 run to take a 44-39 lead with 16:49 to play and pushed that advantage to 50-43, capping a 16-4 surge when Nick Ward hit a pair of free throws.

But two straight turnovers led to five Bradley points in a matter of seconds, followed by an offensive foul on Ward with 11:34 to play.

Brown then buried a deep 3-pointer to give Bradley a 51-50 lead that went back and forth over the next few possessions, with Tillman putting Michigan State ahead 54-53 on a layup with 7:43 left in the game.

Winston scored four straight to put Michigan State up 58-55 with just more than four minutes to play. McQuaid then hit a 3-pointer from the wing followed by a jumper in the lane from Aaron Henry to give the Spartans a 63-55 lead with 2:41 to play.

Bradley ran out of gas from there as Michigan State converted 11 of its last 12 free throws.

–Field Level Media

Source: OANN

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Speculation swirls on S Collins’ future with Giants

Los Angeles Rams v New York Giants - NFL International Series
FILE PHOTO: Britain American Football - Los Angeles Rams v New York Giants - NFL International Series - Twickenham Stadium, London, England - 23/10/16. Landon Collins celebrates scoring the first touchdown for the New York Giants. Action Images via Reuters / Matthew Childs

February 20, 2019

Landon Collins, a three-time Pro Bowl safety, might soon be moving on from the New York Giants, according to a report Wednesday from ESPN.

Or not, according to other reports.

Reporter Josina Anderson wrote on Twitter that, “I’m told that Giants S Landon Collins cleaned out his locker today at the team facility and said his goodbyes to teammates, coaches and trainers. It doesn’t seem like Collins expects to be a Giant for much longer, per sources.”

When the New York Post refuted that Collins’ locker had been cleaned out, Collins re-tweeted that post while adding, “The stuff in that locker that I have left I do not need” followed by a “100” symbol.

Mike Garafolo of the NFL Network chimed in, writing that Collins took “personal items” from his locker. According to Garafolo, “He doesn’t expect to be at the facility for a while. Why? The franchise tag he publicly said he doesn’t want. But the smart money remains on Collins with NYG this year.”

Collins, a four-year pro, can become an unrestricted free agent when the new NFL year begins March 13. The Giants have until March 5 to use the franchise tag on him.

Anderson reported Tuesday that sources said the Giants had not been “in active negotiations on a contract extension.”

Collins, 25, ended last season on injured reserve because of torn labrum in his left shoulder. He still led the team with 96 tackles, despite missing the final four games.

Collins has led the Giants in tackles in each of his four seasons after being selected in the second round (33rd overall) in the 2015 NFL Draft out of Alabama. Collins has 428 tackles and eight interceptions in 59 games, all starts.

–Field Level Media

Source: OANN

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Curry on Morant: Ja ready to rule NBA

NCAA Basketball: NCAA Tournament-First Round- Marquette vs Murray State
Mar 21, 2019; Hartford, CT, USA; Murray State Racers guard Ja Morant (12) drives to the basket against the Marquette Golden Eagles during the second half of a game in the first round of the 2019 NCAA Tournament at XL Center. Mandatory Credit: Robert Deutsch-USA TODAY Sports

March 22, 2019

Ja Morant stole the show in Hartford on Thursday, but the Murray State flash opened eyes nationwide with his triple-double performance that led his 12th-seeded Racers into the second round in a blowout of Marquette.

Among the observers wowed by the sophomore point guard was another former NCAA Tournament darling, former Davidson dynamo Steph Curry.

“What he did on Thursday, it shows you he’s ready for whatever,” Curry told Yahoo Sports. “That transition to the NBA isn’t going to be difficult at all for him.”

Morant posted 17 points, 16 assists and 11 rebounds, becoming just the eighth player to post a triple-double in an NCAA Tournament game and the first since Draymond Green at Michigan State. Green was paying attention, too, telling Yahoo: “That was my first time watching him play and he’s for real.”

Curry was a sophomore in 2008 when he carried Davidson to the Elite Eight, scoring 30 or more in all four tourney games. He sees stardom in Morant.

“From what I’ve seen, he’s a beast,” Curry told Yahoo Sports. “He’s athletic, knows how to play, he’s fearless and he shows up for big games even though everybody knows he’s coming. That speaks volumes about his game.”

Morant averaged 24.6 points, 10 assists and 5.5 rebounds per game this season at Murray State.

He’s in the discussion to be a top-five draft pick, and Thursday’s big show did nothing to raise doubts about his readiness despite the relatively humble college surroundings in the Ohio Valley Conference.

“I don’t know if they played some heavy hitters, but it doesn’t even matter. If you can play, you can play,” Curry said. “Damian Lillard at Weber State was like that as well.

“I’m sure the tournament is the first time most people get to see Ja. There’s no preparation for it because in the tournament, everybody wants to play in it, but it hits you in the face with the attention and the adrenaline rush. It’s a small window where everybody’s eyeballs are all on you and you can surprise a lot of people. But the biggest thing for me is I had the confidence going in and it sets you up to be ready for that moment.”

As Marquette, the fifth seed in Hartford, bowed out of the tournament on Thursday, former Duke guard and current Marquette coach Steve Wojciechowski had some high praise for Morant.

“Ja Morant makes a lot of plans look bad. I mean, I’ve been in this for a while. He’s as good as any guard that I’ve coached against, or played against, and I’ve coached against and played against some outstanding ones,” he said. .”.. The best thing about that kid is his decision-making. I mean, you’re talking about an elite, elite decision-maker, who’s got elite athleticism. And, you know, when you’re talking about a point guard, you should always start with decision-making. And he made great, great decisions, and he makes everyone around him better.”

–Field Level Media

Source: OANN

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Federal judge sets August hearing date for Obama’s White House counsel

On Friday, U.S. District Court Judge Amy Berman set an Aug. 12 court date for former White House counsel Greg Craig as he faces allegations of lying to the FBI and appeared as one of 14 criminal referrals in the report, released Thursday, by Special Counsel Robert Mueller.

Craig, who served under former President Barack Obama, came under scrutiny after he failed to register as a foreign agent while Paul Manafort, Trump's ex-campaign manager, financed a report that Craig authored and that was in service to the Ukrainian government. He has pleaded not guilty to lying to the FBI.

GREG CRAIG, EX-OBAMA WHITE HOUSE COUNSEL, INDICTED FOR ALLEGED FALSE STATEMENTS

Craig has pleaded not guilty to lying to federal prosecutors about his work for the Ukrainian government. The prosecution was "unprecedented and unjustified," he said in a video posted to YouTube.

A grand jury indicted Craig, claiming that he made false statements to the Justice Department's Foreign Agents Registration Act (FARA) Unit which enforces laws surrounding disclosure for foreign lobbying activities.

CLICK HERE TO GET THE FOX NEWS APP

In his video response posted earlier this month, Craig claimed the FARA unit made a formal determination agreeing that he didn't act as an agent. "I did not participate in a scheme to mislead the government or conceal material facts," he said.

Source: Fox News Politics

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Barr says Mueller probe did not establish Trump coordination with Russia

U.S. Attorney General Barr prepares to speak at a news conference to discuss Special Counsel Robert Mueller’s report on Russian interference in the 2016 U.S. presidential race, in Washington
U.S. Attorney General William Barr prepares to speak at a news conference to discuss Special Counsel Robert Mueller’s report on Russian interference in the 2016 U.S. presidential race, in Washington, U.S., April 18, 2019. REUTERS/Jonathan Ernst

April 18, 2019

WASHINGTON (Reuters) – U.S. Attorney General William Barr said on Thursday that Special Counsel Robert Mueller’s investigation did not find that President Donald Trump or members of his campaign worked with Russia during the 2016 presidential election.

The “investigation did not establish that members of the Trump campaign conspired or coordinated with the Russian government in its election interference activities,” Barr told a news conference.

(Reporting By Amanda Becker, Ginger Gibson and Karen Freifeld)

Source: OANN

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A worker walks on the roof of a new home under construction in Carlsbad
FILE PHOTO: A worker walks on the roof of a new home under construction in Carlsbad, California September 22, 2014. REUTERS/Mike Blake

April 26, 2019

NEW YORK (Reuters) – The U.S. economy is growing at a 2.08% annualized pace in the second quarter based on upbeat data on durable goods orders and new home sales in March, the New York Federal Reserve’s Nowcast model showed on Friday.

This was faster than the 1.92% growth rate calculated by the N.Y. Fed model the week before.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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Extraordinary European Union leaders summit in Brussels
FILE PHOTO: Italian Prime Minister Giuseppe Conte arrives at an extraordinary European Union leaders summit to discuss Brexit, in Brussels, Belgium April 10, 2019. REUTERS/Yves Herman

April 26, 2019

(Reuters) – Italian Prime Minister Giuseppe Conte said on Friday he had assured China’s Huawei Technologies that it would not face discrimination in the rollout of Italy’s 5G telecoms network.

Conte was speaking on a visit to China where he said he met Huawei’s chief executive, Ren Zhengfei. The prime minister’s comments were carried in Italy by TV broadcaster Sky Italia.

“I told him that we have adopted some precautions, some measures to protect our interests that demand very high levels of security … not only from Huawei but any company entering into the 5G arena,” he said.

Huawei, the world’s biggest producer of telecoms equipment, is under intense scrutiny after the United States told allies not to use its technology because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

(Writing by by Mark Bendeich; Editing by Angelo Amante)

Source: OANN

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – President Donald Trump on Friday was expected to announce his intention to revoke the United States’ status as a signatory of the Arms Trade Treaty, which was signed in 2013 by then-President Barack Obama but never ratified by Congress, two U.S. officials said.

Trump was expected to announce the decision in a speech in Indianapolis, to the National Rifle Association, the officials said. The NRA, a powerful gun lobby group, has long been opposed to the treaty, which was negotiated at the United Nations.

(Reporting By Steve Holland; Editing by Bill Trott)

Source: OANN

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A remote controlled robot for the 'Isotopium: Chernobyl' game is seen at the game's location in Brovary
A remote controlled robot for the ‘Isotopium: Chernobyl’ game is seen at the game’s location in Brovary, Ukraine April 25, 2019. REUTERS/Valentyn Ogirenko

April 26, 2019

By Margaryta Chornokondratenko

KIEV (Reuters) – A Ukrainian computer game that brings to life a town abandoned after the Chernobyl nuclear disaster may not sound like everyone’s idea of fun but has attracted 60,000 people globally since its launch in October.

Players of “Isotopium: Chernobyl” drive tanks around the ghost town of Prypyat near Chernobyl, knocking out competitors as they search for an energy source called isotopium and collecting points every time they find some.

While the game takes its theme from the nuclear disaster at Chernobyl in northern Ukraine, which marked its 33rd anniversary on Friday, it was also inspired by the 2009 science fiction film “Avatar”.

Newcomers to the game think they have entered a virtual world when in fact they are controlling a real robot, equipped with a camera and computer, which makes its way around a model of the town rendered down to the tiniest detail.

“When playing our game, for the first 5-10 minutes many players don’t understand that it is not fictional,” said the game’s co-founder Sergey Beskrestnov. “They message us saying: ‘You have cool texture, you have good graphics, your designer is good, well done. You have a cool operating system.’

“People then reply: ‘It is not an operating system, it is real,’ and the player can’t believe it is real,” said Beskrestnov, speaking mid-game from Prypyat city square as he towers over surrounding five-storey buildings.

Kiev-born Beskrestnov was just 12 years old when on April 26, 1986 a botched test at the nuclear plant in the then Soviet Union sent clouds of smoldering nuclear material across large swathes of Europe, forced over 50,000 people, including Beskrestnov’s family, to evacuate and poisoned unknown numbers of workers involved in its clean-up.

Beskrestnov and his partner Alexey Fateyev used Google maps and hundreds of pictures from the Chernobyl area to recreate Prypyat landmarks, including residential buildings, a hotel, concert hall, amusement park and a stadium.

The game’s real-scale model occupies a 180 square meter (1,938 sq. ft) basement of a residential building in the Ukraine city of Brovary, just 150 km (93 miles) from the Chernobyl Exclusion Zone and 30 km east of Kiev.

Miniature radioactivity warning signs, graffiti on the walls of abandoned buildings and tables and chairs left scattered inside a small cafe all add to the creepy atmosphere of a once lively town.

“It’s a really neat concept …,” Shaun Prescott wrote in a review of the game published by PC Gamer magazine in January. “Controlling the tanks is kinda cumbersome, but they are tanks, after all.”

An attentive player will notice at least one inaccuracy – the real Chernobyl nuclear power plant is not located in town as it is in the game.

It costs $9 to immerse in the atmosphere of a post-apocalyptic town for an hour but only 20 people at a time can play simultaneously. Beskrestnov’s company, Remote Games, said 62,615 people around the world have registered to play the game, including around 15,000 in France and 10,000 in the United States.

A camera fixed on top of a moving tank broadcasts high quality signal in real time, allowing players from as far apart as Australia and Canada enjoy the game without facing any time delay in delivering video signals.

Its creators next ambition is to devise a game featuring the colonization of Mars in which 1,000 people will be able to simultaneously control robots on different missions involved in the operation.

“Many people advise us to contact Elon Musk directly because it resonates his dreams and ideas,” Beskrestnov jokes.    

(Editing by Susan Fenton)

Source: OANN

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FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California
FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – Initial optimism over first-quarter results from Starbucks Corp was waning fast on Wall Street on Friday, as analysts questioned the longer-term prospects of its new sales push given subdued overall customer traffic numbers especially in China.

The company on Thursday beat brokerage estimates for quarterly same-store sales on the back of demand for its new Cloud Macchiato, Matcha tea and cold brews in the United States.

However, BTIG’s Peter Saleh was one of a number of sector analysts who said while customers forking out for higher-priced new drinks had helped drive growth in same-store sales, “anemic” traffic at cafes remained a concern.

He and others pointed to a 1 percent decline in footfall at cafes in the Chinese market, viewed as crucial to the chain’s growth for the foreseeable future.

More broadly, transaction numbers, the substitute analysts use for customer traffic, were unchanged in all three of the company’s global regions.

Shares in the company, which hit a record high after the results on Thursday, fell 1 percent in morning trade.

“We remain cautious given near-term headwinds surrounding China, including cannibalization, increasing competition (and) a slowing economy,” Wedbush analyst Nick Setyan said.

Starbucks has also poured money into beefing up its delivery network in China as it battles with local startup Luckin Coffee, whose speedy growth led it to file for an IPO in the United States earlier this week.

New menu items and partnerships with delivery services, the heart of the company’s strategy to win back customers lost to artisanal coffee shops and cheaper fast-food rivals, did help Starbucks’ sales in its home market.

However, analysts said growth in China may continue to be subdued.

Wells Fargo analyst Bonnie Herzog said she expects store expansion in China to take priority over comparable sales growth.

She downgraded her rating on Starbucks’ to “market perform” from “outperform”, arguing that the company facing tough sales comparisons later on in 2019 from last year and the current rich valuation of shares meant the stock had limited room to rise.

“Investors will be hesitant to invest new money in a stock with a topline that, while still strong, is unlikely to meaningfully accelerate,” Herzog said.

Still, the company’s solid same-store growth in the United States, improving profit margins and a lower tax rate for the rest of the year led at least 6 Wall Street brokerages to raise their price targets on the stock to as high as $81.

11 of 29 brokerages rate Starbucks “buy” or higher, 17 “hold” and 1 “sell” or lower. Their median price target is $75.

(Reporting by Uday Sampath in Bengaluru)

Source: OANN

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