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Chris Pratt calls fiancee Katherine Schwarzenegger 'high maintenance'

Chris Pratt poked fun at fiancee Katherine Schwarzenegger while showing off his latest achievement on his farm.

CHRIS PRATT SLAMS ELLEN PAGE'S CLAIM THAT HIS CHURCH IS ANTI-LGBTQ

Pratt, 39, posted a photo of his 29-year-old bride-to-be cuddling with a lamb on Saturday, writing, "@katherineschwarzenegger rocks the latest trend in fierce accessories. The eggshell wool baby lamb. Super high maintenance but worth it for this fashion icon. #farmlife."

On Valentine's Day, the "Guardians of the Galaxy" star showed off his season's first lamb, which he named Cupid in honor of the holiday.

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Pratt is an avid lover of farming, much to the chagrin of critics who consider his farm-to-table and hunting habits "problematic."

The actor previously revealed that he's looking forward to spending more time on his farm and less time on movie sets, telling press that in the future he wants "lots of kids."

CHRIS PRATT CREDITS FAITH WITH SAVING HIM FROM THE 'LION'S DEN' OF FAME

"Maybe less time spent working, more time spent enjoying life," he said. "I always want to be that guy that works to live, not lives to work. I think [I want to spend] just a lot of time at the farm and a lot of time catching a lot of fish and seeing lots of sunsets."

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Notre Dame G Young enters WNBA draft

NCAA Womens Basketball: NCAA Tournament-Chicago Regional-Notre Dame vs Stanford
Apr 1, 2019; Chicago, IL, USA; Notre Dame Fighting Irish guard Jackie Young (5) cuts a piece of the net after their victory against the Stanford Cardinal in the championship game of the Chicago regional in the women's 2019 NCAA Tournament at Wintrust Arena. Mandatory Credit: David Banks-USA TODAY Sports

April 9, 2019

Faced with a 24-hour deadline after Notre Dame lost a one-point thriller to Baylor in the NCAA championship game, junior guard Jackie Young decided to give up her eligibility and enter the WNBA draft.

Young made the announcement on Twitter on Monday after Notre Dame’s 82-81 loss one night earlier.

In thanking Notre Dame and head coach Muffet McGraw, Young wrote, “I have waited for this day all of my life and I can’t wait to continue this journey.”

Because Young turns 22 before the calendar year ends, she faced a quick deadline after her season ended to inform the WNBA of her intentions for next season. With her decision, all five Notre Dame starters from this season will be draft-eligible.

Against Baylor on Sunday, Young shot 1-for-8 and scored just four points, adding nine rebounds and six assists. For the season, she averaged 14.3 points, 7.4 rebounds and 5.1 assists per game.

–Field Level Media

Source: OANN

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Indonesia's first subway opens in its gridlocked capital

Indonesia's President Joko Widodo has opened a long-awaited subway in the country's capital aimed at staving off crippling traffic gridlock with comfortable transport facilities.

Jakarta's first subway is the latest of many infrastructure improvements nationwide that it is hoped will help the giant but laggard nation catch up with its neighbors.

Widodo inaugurated the first phase of 16-kilometer (10-mile) subway line running south from Jakarta's downtown on Sunday, while also presiding over a groundbreaking ceremony for an 8-kilometer (5-mile) line heading northward that is planned to be completed by 2024.

The $2.6 billion project is funded through a loan from the Japan International Cooperation Agency.

Congestion has relentlessly worsened in the past decade as car ownership rose, squeezing more and more vehicles onto Jakarta's unchanging road network.

Source: Fox News World

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Top Dem says Zuckerberg should be held ‘individually liable’ for Facebook privacy breaches

A top Democrat on Tuesday called for the Federal Trade Commission to hold Facebook chairman and CEO Mark Zuckerberg “individually liable for the company’s repeated violations of Americans’ privacy,” and charged that Zuckerberg's status as majority shareholder improperly “insulates him from accountability to Facebook’s board and shareholders."

The comments from Sen. Ron Wyden, D-Ore., came as federal regulators are reportedly considering seeking some kind of oversight of Zuckerberg's leadership of Facebook over the social network giant's mishandling of users' personal information, which may have violated an ongoing consent decree that legally requires the company to better protect user data.

“Given Mr. Zuckerberg’s deceptive statements, his personal control over Facebook, and his role in approving key decisions related to the sharing of user data, the FTC can and must hold Mr. Zuckerberg personally responsible for these continued violations,” Wyden wrote.

“The FTC must also make clear the significant and material penalties that will apply to both Facebook the corporate and Mr. Zuckerberg the individual should any future violations occur," Wyden added.

Facebook Founder and CEO Mark Zuckerberg in April 2017.

Facebook Founder and CEO Mark Zuckerberg in April 2017. (REUTERS/Stephen Lam/File)

Discussions between Facebook and FTC officials about its data-handling lapses have touched on holding the CEO personally accountable, The Washington Post reported Friday. Zuckerberg controls a majority of Facebook's voting stock and has run the company since starting it at Harvard in 2004.

The Post quoted two anonymous sources familiar with the discussions. It said putting restraints on Zuckerberg could send a message to other tech giants that the FTC could hold their executives accountable for privacy misdeeds.

“The days of pretending this is an innocent platform are over, and citing Mark in a large-scale enforcement action would drive that home in spades,” Roger McNamee, an early Facebook investor, told the paper.

The FTC had no comment and Facebook did not immediately respond to a request for comment.

ZUCKERBERG'S OLD MENTOR TRASHES CEO'S 'CYNICAL EFFORT TO INVOLVE GOVERNMENT IN REGULATING SOCIAL NETWORKS

The commission opened an investigation into Facebook last year after revelations that data mining firm Cambridge Analytica had gathered details on as many as 87 million Facebook users without their permission.

The FTC has been examining whether that massive breakdown violated a settlement that Facebook reached in 2011 after government regulators concluded the Menlo Park, California, company had repeatedly broken its privacy promises to users, who now number 2.3 billion globally.

The FTC decree, which runs through 2031, requires that Facebook get its users' consent to share their personal information in ways that aren't allowed by their privacy settings.

The Post previously reported the FTC is considering hitting Facebook with a multibillion-dollar fine. That would top its previous record fine of $22.5 million, which it dealt to Google in 2012 for bypassing the privacy controls in Apple's Safari browser.

Facebook has in the past year been buffeted by media coverage highlighting what critics call a cavalier attitude toward protecting user privacy and data — and in failing to prevent the dissemination of hate speech and misinformation on the biggest communications medium in history.

On Thursday, its Instagram subsidiary said in a blog post that millions more users were affected by a password security lapse than Facebook acknowledged when announcing the problem nearly four weeks ago.

In the initial announcement, it had said tens of thousands of passwords were stored on the site in plain text, meaning company employees could search them.

Earlier this month, a former mentor to Zuckerberg characterized the Facebook CEO's call for more government regulation of Big Tech as self-serving, cynical and a "monument to insincerity."

In a Post op-ed, Zuckerberg called for a more standardized approach to policing content, a common standard around verifying political actors prior to and during elections, the adoption of Europe's data privacy legislation as a common framework and a guarantee of so-called data portability.

ZUCKERBERG 'TONE-DEAF' MESSAGE TO EMPLOYEES FOCUSES ONLY ON THE POSITIVES, AFTER YEAR OF SETBACKS

However, Roger McNamee, who mentored Zuckerberg in the social network's early years, said his proposals are disingenuous.

"Each proposal is transparently self-serving," McNamee said in a Tuesday opinion piece for The Guardian. "While I applaud Zuckerberg for trying to engage policymakers, I do not think anyone should take these proposals seriously."

Fox News' Christopher Carbone and The Associated Press contributed to this report.

Source: Fox News Politics

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Former detention officer arrested on rape charges, covered in scratches in mug shot

A fired corrections officer in Georgia has been arrested on rape and assault charges after police said he allegedly held a woman against her will for hours.

The Georgia Bureau of Investigation announced Monday that 28-year-old Kirk Taylor Martin, of Acworth, is facing multiple charges including aggravated sexual battery, aggravated assault, criminal attempt to commit sodomy, false imprisonment and obstructing an emergency call.

Officials said he was arrested Friday after the victim was able to contact someone outside her home after being held there by Martin from the afternoon of March 7 until the early hours of March 8.

Martin's mug shots show him covered with dozens of bloody scratch marks on his neck and chest that police said were inflicted by the victim during a violent struggle, the Dalton Daily Citizen-News reported.

GEORGIA WOMAN WHO KILLED 3, INCLUDING BABY, IN CRASH AT AGE 17 GETS PROBATION, NO JAIL TIME

According to court documents, Murray County sheriff’s deputies responded to the home after the alleged victim called 911. During that call, a man reportedly took the phone away from the person calling for help, NewsChannel9 reported.

Upon their arrival, Martin reportedly told deputies he had “f----- up” and that he had “let things get too far.”

The 28-year-old reportedly told deputies that he and the victim had recently broken up and he had entered the home using his spare key.

Martin told officials the victim was in the shower when he entered the home and he tried to engage in sexual intercourse with her, but she resisted. He then allegedly pinned her down to keep her from fighting back.

GEORGIA DEMOCRAT PUSHES 'TESTICULAR BILL OF RIGHTS' TO PARODY ‘HEARTBEAT’ ABORTION BILL

The victim told investigators that Martin allegedly used an object to penetrate her while holding her down by choking her. She said she thought she would pass out, the affidavit said.

Court documents say Martin then locked her in a closet, before letting her out after she calmed him down by saying they could get back together.

According to her account, the victim was able to contact her mother, who then called the police.

When Martin learned police had been called, he allegedly threatened to kill himself – grabbing a firearm off her nightstand. But he reportedly got scared and put both down, the affidavit said.

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Martin worked as a jailer from March 2017 until he was fired in April 2018. Murray County sheriff's Deputy Chief Jimmy Davenport told the Dalton Daily Citizen-News that Martin was fired after multiple violations of jail policy, including giving an inmate the wrong prescription medication.

Source: Fox News National

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JPMorgan lifts expectations for rivals with earnings beat

A combination file photo shows Wells Fargo, Citigbank, Morgan Stanley, JPMorgan Chase, Bank of America, JPMorgan, and Goldman Sachs from Reuters archive
A combination file photo shows Wells Fargo, Citigbank, Morgan Stanley, JPMorgan Chase, Bank of America, JPMorgan, and Goldman Sachs from Reuters archive. REUTERS/File Photos

April 12, 2019

By Matt Scuffham

NEW YORK (Reuters) – JPMorgan Chase & Co’s better-than-expected first-quarter earnings raised expectations that rival Wall Street lenders would follow suit when they report next week, pushing most bank stocks higher on Friday.

Shares in JPMorgan jumped as much as 4.7 percent in morning trading, touching a more than four-month high before paring some gains.

Morgan Stanley shares were up 3.8 percent and Bank of America Corp rose 2.8 percent. Goldman Sachs Group Inc and Citigroup shares both climbed 2 percent.

JPMorgan is the largest U.S. bank by assets and a bellwether for the U.S economy and financial sector. It reported strong results across its businesses, with Chief Executive Jamie Dimon citing solid U.S. economic growth, moderate inflation and robust consumer and business confidence.

Even a 10 percent fall in JPMorgan’s trading revenue from a year earlier was viewed as boding well for others, since analysts had been bracing for a bigger drop in fixed-income and equities trading.

“JPMorgan had a positive read-across for trading results in the quarter,” said KBW analyst Brian Kleinhanzl. “We believe FICC (fixed income, commodities and currencies) trading should be a positive read-across to Goldman Sachs and Morgan Stanley.”

Bank stock investors appeared to zero in on JPMorgan and ignore Wells Fargo & Co, the other big bank that reported on Friday.

Wells Fargo reported higher first-quarter earnings but lowered its forecast for net interest income this year, a move that sent its shares tumbling as much as 3 percent.

U.S. bank stocks had underperformed in recent months as economists and investors fixated on a flattening yield curve, normally the precursor to a recession. Bank executives have downplayed those concerns, pointing to continuing loan growth in the first quarter of 2019.

Since the start of December, the S&P 500 financial sector is up 0.3 percent, while the overall S&P 500 is up 5 percent. The S&P 500 banks index fell 2.5 percent over the same period. Brushing aside global economic concerns such as Brexit and U.S.-China trade tensions, JPMorgan’s Dimon said the U.S. economy “continues to grow, employment and wages are going up, inflation is moderate, financial markets are healthy and consumer and business confidence remains strong.”

(Reporting by Matt Scuffham; Editing by Neal Templin and Meredith Mazzilli)

Source: OANN

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Forget Impeachment, Focus on Trump's Vile Budget

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WASHINGTON -- Please, Tom Steyer, stop spending all that money on impeachment ads. If you want to run spots against President Trump, target his shameful 2020 budget.

In the meantime, the rest of us should quit pretending there is a big debate among Democrats about impeachment. There isn't. There is actually consensus, which is why House Speaker Nancy Pelosi won broad support when she pushed back against impeachment in an interview with The Washington Post.

True, there is an intellectually legitimate case that the House has a moral and constitutional responsibility to start the impeachment process now, given what we know about Trump's misdeeds and lies. Yoni Appelbaum, senior editor of The Atlantic, has advanced this argument forcefully and thoughtfully.

But the vast majority of Democrats recognize that they did not win control of the House last fall on a promise of impeachment. To the extent that Democrats who flipped House seats (and thus the majority) campaigned on holding Trump accountable, it was by endorsing the traditional inquiries being carried out now. Before you risk tearing the political system apart, you have to lay the groundwork with your constituents. This has not happened yet.

Moreover, it's foolish to say: "Let's impeach him. Now we will assemble the facts." It's far better to say, "Let's painstakingly investigate all the charges against Trump, let's see what special counsel Robert Mueller finds, and then -- and only then -- will we decide what to do."

Those eager for impeachment are entirely right to feel we should be further along than we are. The Mueller probe should have been accompanied by serious inquests by the House into the president's actions.

But far from investigating Trump's transgressions during his first two years in office, a Republican-controlled House focused on disrupting and discrediting those trying to learn the truth. Democrats now have to start from scratch. Unfortunate? Yes. But still no reason for rushing to impeach. This is what the leaders of the committees doing most of the probing believe, and it's why they backed Pelosi's restraint.

In the meantime, a premature debate over impeachment floods the media with distractions from all the damage Trump is doing through thoroughly normal uses of power that are not impeachable. This is why Trump eagerly brings up the I-word himself. Gathering shiny objects is his thing.

It's more fun to talk about impeachment than, God forbid, budgets. Yet the budget the president proposed this week is a statement of his values. And it's genuinely vile. He breaks a major campaign promise by proposing cuts in Medicare. He ignores the voters' verdict last fall by calling for yet another effort to repeal Obamacare with $777 billion in reductions to Medicaid and Affordable Care Act subsidies. He slashes programs for low-income people, including a 30 percent cuts in food stamps.

Good for you, Mr. Steyer, for tweeting against Trump's budget. Why not drop impeachment long enough to tell more people about what Trump is doing to them?

The larger point is that the Constitution doesn't create an obligation to impeach Trump. Maybe we'll get to the point where there is a moral and political responsibility to impeach. Pelosi said she'd act if faced with "something so compelling and overwhelming and bipartisan." I'd go further and say that "compelling and overwhelming" evidence might require the House vote for impeachment, even if Senate Republicans refuse to drive him from office. That would send a message to voters about the extent of Trump's wrongdoing and how spineless Republicans have become.

But there's an overriding obligation for those of us who oppose Trump because of the damage he is doing to our democracy: the imperative to check our passions. The Constitution is a framework for self-rule. We must demonstrate our respect for democratic procedures and the power of the people to speak through free elections.

South Bend Mayor and Democratic presidential candidate Pete Buttigieg had it right during his boffo CNN town hall performance Sunday. While acknowledging that new information might yet leave Congress no choice but to "begin impeachment proceedings," he said plainly: "I would like to see this president and the style of politics that he represents sent off through the electoral process -- decisively defeated at the ballot box."

Politics should be about promoting durable, long-term reform. This requires affirmation from the voters. Congress should not lightly deprive the electorate the chance to kick Trump out of Washington, rebuke his party and set a better course for our country. The ideal date for Judgment Day is still Nov. 3, 2020.

(c) 2019, Washington Post Writers Group

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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German drug and crop chemical maker Bayer holds annual general meeting
Werner Baumann, CEO of German pharmaceutical and chemical maker Bayer AG, attends the annual general shareholders meeting in Bonn, Germany, April 26, 2019. REUTERS/Wolfgang Rattay

April 26, 2019

By Patricia Weiss and Ludwig Burger

BONN (Reuters) – Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker’s $63 billion takeover of seed maker Monsanto.

Several large investors said they will not support aspirin investor Bayer’s management in a key vote scheduled for the end of its annual general meeting.

Bayer’s management, led by chief executive Werner Baumann, could see an embarrassing plunge in approval ratings, down from 97 percent at last year’s AGM, which was held shortly before the Monsanto takeover closed in June.

A vote to ratify the board’s actions features prominently at every German AGM. Although it has no bearing on management’s liability, it is seen as a key gauge of shareholder sentiment.

“Due to the continued negative development at Bayer, high legal risks and a massive share price slump, we refuse to ratify the management board and supervisory board’s actions during the business year,” Janne Werning, representing Germany’s Union Investment, a top-20 shareholder, said in prepared remarks.

About 30 billion euros ($34 billion) have been wiped off Bayer’s market value since August, when a U.S. jury found the pesticide and drugs group liable because Monsanto had not warned of alleged cancer risks linked to its weedkiller Roundup.

Bayer suffered a similar defeat last month and more than 13,000 plaintiffs are claiming damages.

Bayer is appealing or plans to appeal the verdicts.

Deutsche Bank’s asset managing arm DWS said shareholders should have been consulted before the takeover, which was agreed in 2016 and closed in June last year.

“You are pointing out that the lawsuits have not been lost yet. We and our customers, however, have already lost something – money and trust,” Nicolas Huber, head of corporate governance at DWS, said in prepared remarks for the AGM.

He said DWS would abstain from the shareholder vote of confidence in the executive and non-executive boards.

Two people familiar with the situation told Reuters this week that Bayer’s largest shareholder, BlackRock, plans to either abstain from or vote against ratifying the management board’s actions.

Asset management firm Deka, among Bayer’s largest German investors, has also said it would cast a no vote.

Baumann said Bayer’s true value was not reflected in the current share price.

“There’s no way to make this look good. The lawsuits and the first verdicts weigh heavily on our company and it’s a concern for many people,” he said, adding it was the right decision to buy Monsanto and that Bayer was vigorously defending itself.

This month, shareholder advisory firms Institutional Shareholder Services (ISS) and Glass Lewis recommended investors not to give the executive board their seal of approval.

(Reporting by Patricia Weiss and Ludwig Burger; Editing by Alexander Smith)

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Sudan’s military, which ousted President Omar al-Bashir after months of protests against his 30-year rule, says it intends to keep the upper hand during the country’s transitional period to civilian rule.

The announcement is expected to raise tensions with the protesters, who demand immediate handover of power.

The Sudanese Professionals Association, which is spearheading the protests, said Friday the crowds will stay in the streets until all their demands are met.

Shams al-Deen al-Kabashi, the spokesman for the military council, said late Thursday that the military will “maintain sovereign powers” while the Cabinet would be in the hands of civilians.

The protesters insist the country should be led by a “civilian sovereign” council with “limited military representation” during the transitional period.

The army toppled and arrested al-Bashir on April 11.

Source: Fox News World

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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