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Carl Icahn sold Lyft stake prior to IPO: WSJ

FILE PHOTO: Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York
FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo

April 3, 2019

(Reuters) – Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc ahead of the ride-hailing company’s initial public offering, the Wall Street Journal reported, citing sources.

Jonathan Christodoro, a former managing director of Icahn Capital LP who was on Lyft’s board until last month, connected the activist investor with the buyer of the stake, which was worth about $550 million at the IPO price, according to the WSJ report.

Lyft could not be immediately reached for comment.

(Reporting by Sayanti Chakraborty in Bengaluru; Editing by James Emmanuel)

Source: OANN

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Guterres flying to eastern Libya to meet Haftar and lawmakers

Secretary General of the United Nations Antonio Guterres speaks during a news conference in Tripoli
Secretary General of the United Nations Antonio Guterres speaks during a news conference in Tripoli, Libya April 4, 2019. REUTERS/Hani Amara

April 5, 2019

TRIPOLI (Reuters) – U.N. Secretary-General Antonio Guterres is flying on Friday to eastern Libya to meet commander Khalifa Haftar, whose forces a day earlier began an offensive to take control of the capital currently held by an internationally recognized government.

Guterres will be also flying to Tobruk, another city in the east and home to Libya’s parliament – also internationally recognized – which backs Haftar, he said on Twitter.

“My aim remains the same: avoid a military confrontation. I reiterate that there is no military solution for the Libyan crisis, only a political one,” Guterres wrote on Twitter.

(Reporting by Ulf Laessing; Editing by Hugh Lawson)

Source: OANN

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Trade war, Brexit could slow developing Asia’s 2019, 2020 growth: ADB

FILE PHOTO: A CRH bullet train runs past Beijing's central business area
FILE PHOTO: A CRH (China Railway High-speed) bullet train runs past Beijing's central business area, China December 13, 2017. REUTERS/Jason Lee

April 3, 2019

By Karen Lema

MANILA (Reuters) – Growth in developing Asia could slow for a second straight year in 2019 and lose further momentum in 2020, the Asian Development Bank (ADB) said on Wednesday, warning of rising economic risks from a bitter Sino-U.S.trade war and a potentially disorderly Brexit.

Developing Asia, which groups 45 countries in the Asia-Pacific region, is expected to grow 5.7 this year, the ADB said in its Asian Development Outlook report, slowing from a projected 5.9 percent expansion in 2018 and 6.2 percent growth in 2017.

The 2019 forecast represents a slight downgrade from its December forecast of 5.8 percent. For 2020, the region is forecast to grow 5.6 percent, which would be the slowest since 2001.

“A drawn out or deteriorating trade conflict between the People’s Republic of China and the United States could undermine investment and growth in developing Asia”, Yasuyuki Sawada, ADB’s chief economist, said in a statement.

The lender also cited uncertainties stemming from U.S. fiscal policy and a possible disorderly Brexit as risks to its outlook because they could slow growth in advanced economies and cloud the outlook for the world’s second largest economy.

“Though abrupt increases in U.S. interest rates appear to have ceased for the time being, policy makers must remain vigilant in these uncertain times,” Sawada said.

China’s economy will probably grow 6.3 percent this year, the ADB said, unchanged from its December projection, but slower than the country’s 6.6 percent expansion in 2018. Growth in the Chinese mainland is projected to cool further to 6.1 percent in 2020.

China has set its 2019 economic growth target at 6.0 to 6.5 percent.

By region, South Asia will remain the fastest growing in Asia Pacific, with the ADB predicting an expansion of 6.8 percent this year – lower than its previous forecast of 7.1 percent – and 6.9 percent next year.

From an estimated 7.0 percent growth in 2018, India’s economy is projected to expand at a faster pace of 7.2 percent in 2019 and 7.3 percent in 2020, the ADB said, as lower policy rates and income support to farmers boost domestic demand.

This year’s growth forecast for Southeast Asia was trimmed to 4.9 percent from an earlier estimate of 5.1 percent, as the Manila-based lender expect Malaysia, Singapore, Philippines and Thailand to grow slower than previously thought. Next year, Southeast Asia is predicted to grow 5.0 percent.

Citing stable commodity prices, the ADB lowered its average inflation forecast for developing Asia to 2.5 percent this year from 2.7 percent previously, and it is expected to remain subdued at 2.5 percent in 2020.

(Reporting by Karen Lema; Editing by Shri Navaratnam)

Source: OANN

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France expresses regret over expulsion of AFP’s Algeria bureau chief

Exterior view shows the Agence France Presse (AFP) news agency headquarters in Paris
Exterior view shows the Agence France Presse (AFP) news agency headquarters in Paris, France, August 6, 2018. REUTERS/Regis Duvignau

April 10, 2019

PARIS (Reuters) – The French foreign ministry said on Wednesday it regretted a decision by Algerian authorities to expel Agence France-Presse’s bureau chief in the country.

“We regret this decision and we would like to once again highlight the importance we attach toward the freedom of the press and the protection of journalists throughout the world,” a spokesperson for the ministry said in an electronic briefing.

Aymeric Vincenot, who had been AFP’s Algiers bureau chief since June 2017, had a visa extension request turned down by Algerian officials and returned to Paris on Tuesday, an editor at the agency told Reuters.

(Reporting by Sudip Kar-Gupta; Editing by Luke Baker)

Source: OANN

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Trump calls Schiff a 'disgrace' for pushing collusion agenda, says Dem may have broken law

President Trump said on Fox News' "Hannity" on Wednesday night that House Intelligence Committee Chairman Adam Schiff may have committed a crime by constantly pushing a false Russia-Trump collusion agenda.

“He should be forced out of office,” Trump told host Sean Hannity in a phone interview. “He is a disgrace to our country.”

“In one way you could say it’s a crime what he did," Trump said of the California Democrat, "because … he was making horrible statements that he knew were false.

"In one way you could say it’s a crime what he did because … he was making horrible statements that he knew were false."

— President Trump

MUELLER REPORT SUMMARY RELEASED, SHOWING NO PROOF TRUMP TEAM CONSPIRED WITH RUSSIA

"He would go on, night after night, talking about collusion -- the collusion delusion," Trump said.

Special Counsel Robert Mueller’s report on Russian meddling in the 2016 presidential election found no evidence of a Trump-Russia conspiracy after a nearly two-year-long investigation that resulted in 37 indictments.

House Intelligence Committee Chairman Adam Schiff, D-Calif., arrives for a Democratic Caucus meeting at the Capitol in Washington, Tuesday, March 26, 2019. (Associated Press)

House Intelligence Committee Chairman Adam Schiff, D-Calif., arrives for a Democratic Caucus meeting at the Capitol in Washington, Tuesday, March 26, 2019. (Associated Press)

Schiff, a vocal critic of the president, has doubled down that Trump and his administration colluded with foreign powers despite Mueller’s findings.

“Undoubtedly there is collusion,” Schiff told the Washington Post after Attorney General William Barr's four-page summary of Mueller's investigation was released Sunday. He told the paper that the question of whether Trump or the people around him were compromised by a hostile foreign power was not in any part of Mueller’s report.

HUCKABEE: SCHIFF SHOULD ‘SHUT UP’ IF HE DOESN’T HAVE EVIDENCE OF COLLUSION

In addition to Trump saying Schiff should leave office, other Republicans – including House Minority Leader Kevin McCarthy, R-Calif. -- called for Schiff to step down from his leadership of the intelligence committee.

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“I’ll tell you one thing about Russia,” Trump continued. “If they had anything on me, it would have come out a long time ago.”

Mueller’s report will be made public – with some parts redacted – in the coming weeks.

Source: Fox News Politics

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The Latest: Police identify officer, victim in shooting

The Latest on a fatal shooting involving a North Carolina police officer (all times local):

5:30 p.m.

Authorities have released the identities of a North Carolina police officer and the man she shot and killed in the parking lot of a fast-food restaurant.

In a news release, Charlotte-Mecklenburg police identified the slain man as 27-year-old Danquirs Napoleon Franklin. Officer Wende Kerl was identified as the officer involved in the shooting on Monday.

According to the news release, Kerl will mark 22 years with the department next month. She is assigned to the Metro Division.

Kerl has been placed on paid administrative leave, which is standard procedure in such instances.

Chief Kerr Putney told reporters that employees at a Burger King called police after the man acted suspiciously. Putney said the man walked outside, where officers ordered him multiple times to drop the gun. Putney says the officer perceived a "lethal threat" and shot the man.

___

11:35 a.m.

Officials in North Carolina say police fatally shot an armed man in the parking lot of a fast-food restaurant.

Charlotte-Mecklenberg Police said officers responded to a report of an armed man at a business Monday. Images from the scene show a heavy police presence surrounding a Burger King.

Chief Kerr Putney says employees reported the man gave them an "uneasy feeling." He says the man walked outside, where officers ordered him to drop the gun. Putney says one officer perceived a "lethal threat" and shot the man, who was taken to a hospital and died.

Police say the officer was placed on routine administrative leave.

Police say the names of the officer and the man who was killed are being temporarily withheld pending family notification. Police didn't release their races.

Source: Fox News National

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Dem Sen. Tom Udall announces he won't seek re-election in 2020

Sen. Tom Udall, D-N.M., announced Monday that he will not seek re-election in 2020 – vacating a seat he’s held since 2009 and ending a career in Washington that spans decades.

Udall, 70, a member of one of the American West’s most prominent political families and cousin of former Democratic Sen. Mark Udall of Colorado, said in a statement that he plans to use his final years in the Senate to tackle the “three real crises’ facing the country.

HUNDREDS IN NEW MEXICO CALL FOR END OF FAMILY DETENTIONS 

“I see these next two years as an incredible opportunity,” Udall said. “Without the distraction of another campaign, I can get so much more done to help reverse the damage done to our planet, end the scourge of war, and to stop this president’s assault on our democracy and our communities.”

He added: “These are three real crises that are happening right now and are threatening the very foundations of our great nation. If we don’t do something, it will soon be too late.”

Udall won his first term in Congress in 2008 by more than 20 points and his 2014 re-election by more than 10 points.

It is unclear who will run to fill the seat being vacated by Udall, but the race is seen as a likely easy pick-up for the Democrats.

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The Cook Political Report puts the 2020 Senate race in New Mexico in the “solid” Democratic column and last year Sen. Martin Heinrich, D-N.M., easily carried the state by more than 20 points to win his second term in the Senate.

Currently, no member of the New Mexico congressional delegation is a Republican.

Source: Fox News Politics

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Multiple people died Thursday when a semitrailer plowed into stationary traffic that resulted in explosions and flames on a Colorado freeway, authorities said.

The incident occurred just before 5 p.m. in the Denver suburb of Lakewood when a truck driver lost control while traveling east on Interstate 70, according to a preliminary investigation. The collision started a chain reaction and a diesel fuel spill, Lakewood police spokesman Ty Countryman told the Denver Post.

“This is looking to be one of the worst accidents we’ve had here in Lakewood,” he said.

The driver of the runaway truck survived. At least one truck was carrying lumber, another was hauling gravel and the third may have been carrying mattresses, KDVR-TV reported.

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Lakewood police tweeted there were multiple fatalities but did not give a specific number. Six people were taken to a hospital. Their conditions were not released, according to the paper.

Lanes in both directions were closed and expected to remain so into Friday morning.

Source: Fox News National

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President Trump will address members and leaders of the National Rifle Association on Friday at the group’s annual convention in Indiana.

Around 80,000 gun enthusiasts and more than 800 exhibitors are expected to pack the Indiana Convention Center in Indianapolis for the three-day event, the Indianapolis Star reported. It will mark the third straight year that Trump will deliver the keynote address, where he is expected to champion the rights of gun owners.

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes,” Chris Cox, executive director of the NRA’s Institute for Legislative Action (ILA), said in a statement. “President Trump’s Supreme Court appointments ensure that the Second Amendment will be respected for generations to come. Our members are excited to hear him speak and thank him for his support for our Right to Keep and Bear Arms.”

“Donald Trump is the most enthusiastic supporter of the Second Amendment to occupy the Oval Office in our lifetimes.”

— Chris Cox, executive director, NRA’s Institute for Legislative Action

COLORADO ENACTS ‘RED FLAG’ LAW TO SEIZE GUNS FROM THOSE DEEMED DANGEROUS, PROMPTING BACKLASH

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

President Donald Trump speaks at the National Rifle Association annual convention in Dallas last year. (Associated Press)

Trump and Vice President Mike Pence spoke at last year’s convention in Dallas. During his speech, Trump assured gun owners that he would protect their Second Amendment rights, according to the paper.

“Your Second Amendment rights are under siege,” Trump told the cheering audience in Dallas. “But they will never, ever be under siege as long as I am your president.”

Trump has supported some gun control measures in the past. Last year, his administration imposed a ban on bump stocks, attachments that enable semiautomatic rifles to fire in rapid bursts. Although, he most recently threatened to veto two Democratic gun control bills.

This year’s convention comes as the NRA faces outside pressure and internal problems. The group has seen its legislative agenda stall amid a series of mass shootings — including a massacre at a Parkland, Fla., high school in February 2018 that left 17 dead and launched a youth movement against gun violence.

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It’s also grappling with infighting in its ranks, money problems and investigations into whether Russian agents courted officials and funneled money through the group.

“I’ve never seen the NRA this vulnerable,” said John Feinblatt, president of Everytown for Gun Safety, a nonprofit that advocates for gun control measure.

The convention will run through the weekend and conclude Sunday.

The Associated Press contributed to this report.

Source: Fox News Politics

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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Good morning and welcome to Fox News First. Here’s a look at what you need to know today …

EXCLUSIVE: Trump says ‘Sleepy Joe’ Biden doesn’t have what it takes

President Trump, in a wide-ranging, exclusive phone interview with Fox News’ Sean Hannity, dismissed the launch of former Vice President Joe Biden’s presidential campaign, nicknaming him “Sleepy Joe” and saying he’s “not the brightest bulb.” Biden, the president said, has name recognition but he won’t “be able to do the job.” When asked about Sen. Bernie Sanders, I-Vt., Trump criticized his record, saying Sanders had “misguided energy” and asserted that Sanders “talks a lot” but hasn’t accomplished anything. The president referred to former U.S. Rep. Beto O’Rourke of Texas as “a fluke” who had lost much momentum and outright dismissed Sen. Kamala Harris, D-Calif., and South Bend, Ind., Mayor Pete Buttigieg — although he said he was “rooting” for Buttigieg. (Trump could address Biden and the other Democratic presidential candidates when he speaks today before the National Rifle Association.)

The Democratic Party’s youth movement: Biden’s biggest challenge?
Former Democratic National Committee (DNC) chair Howard Dean warned Joe Biden about the troubles he may face in his presidential campaign, especially from the “35-year-olds” who Dean says have been running the party — a clear nod to Rep. Alexandria Ocasio-Cortez, D-N.Y., and fellow freshmen Democrats. “This is a very different party than even the party Joe Biden ran in in 2012. Very different,” Dean continued. “A lot of people could win this race. There’s 20 people in there. I think it’s going to take $20 million to get to the starting line. If you can’t raise $20 million, you’re gone, and I think that’s going to take care of about six or eight of these folks. … But it is not the same party that it was five years ago.” A progressive political group that boosted Ocasio-Cortez’s bid for Congress last year vowed to oppose Biden and blasted him as part of the “old guard.”

More tales from the FBI texts
Text messages between former FBI officials Peter Strzok and Lisa Page indicate they discussed using briefings to the Trump team after the 2016 election to identify people they could “develop for potential relationships,” track lines of questioning and “assess” changes in “demeanor” – language one GOP lawmaker called “more evidence” of irregular conduct in the original Russia probe. Fox News has learned the texts, initially released in 2018 by a Senate committee, are under renewed scrutiny, with GOP Sen. Chuck Grassley and Homeland Security Committee chair Ron Johnson sending a letter Thursday night to Attorney General Bill Barr pushing for more information on the matter. President Trump, speaking on Fox News’ “Hannity” Thursday night, responded to this report by accusing Strzok and Page of an attempted “coup.” “They were trying to infiltrate the administration,” he said.

Kim accuses US of acting in ‘bad faith’
North Korean leader Kim Jong Un, fresh off his summit with  Russian President Vladimir Putin, said the U.S. has been acting in “bad faith” since his Hanoi meeting with President Trump over the stalemated issue of North Korean denuclearization. The North Korean leader told the Korean Central News Agency that, “the situation on the Korean Peninsula and the region is now at a standstill and has reached a critical point,” the Straits Times of Singapore reported. Kim warned that the situation “may return to its original state as the U.S. took a unilateral attitude in bad faith at the recent second DPRK-US summit talks,” the Korean Central News Agency added.

NFL Draft 2019: It’s all about defense
The first round of the 2019 NFL Draft saw a run on defensive players, with eight of the top 12 picks in Nashville coming from that side of the ball. After Oklahoma quarterback Kyler Murray was taken first overall by the Arizona Cardinals, the San Francisco 49ers started a run of four straight front-seven players by taking Ohio State defensive end Nick Bosa with the second overall pick — the highest draft slot for any Buckeye since left tackle Orlando Pace went No. 1 overall to the St. Louis Rams in 1997.

CLICK HERE TO GET THE FOX NEWS APP.

TODAY’S MUST-READS
Fox News’ Ed Henry recalls spending time with Celtics great John Havlicek.
Massachusetts judge accused of helping illegal immigrant evade ICE pleads not guilty.
Rosenstein slams Obama administration for choosing ‘not to publicize full story’ of Russia hacking.
F.H. Buckley: What Democrats have forgotten about citizenship.

MINDING YOUR BUSINESS
Amazon crushes earnings expectations, but revenue growth slows.
Low-tax states among best places to make a living in 2019.
Construction job market booming: These states are hiring.

#TheFlashback
2018: Bill Cosby is convicted of drugging and molesting Temple University employee Andrea Constand at his suburban Philadelphia mansion in 2004; it is the first big celebrity trial of the #MeToo era.
1986: An explosion and fire at the Chernobyl nuclear power plant in Ukraine causes radioactive fallout to spew into the atmosphere. (Dozens of people are killed in the immediate aftermath of the disaster while the long-term death toll from radiation poisoning is believed to number in the thousands.)
1977: Notorious nightclub Studio 54 opens in New York.

SOME PARTING WORDS

Watch the “Special Report” panel take a look at former Vice President Joe Biden’s decision to run for president a third time and the battle for the “soul” of America.

Not signed up yet for Fox News First? Click here to find out what you’re missing.

CLICK HERE to find out what’s on Fox News programming today and over the weekend!

Fox News First is compiled by Fox News’ Bryan Robinson. Thank you for joining us! Have a good day and weekend! We’ll see you in your inbox first thing Monday morning.

Source: Fox News National

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