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FCA to invest $4.5 billion in Michigan plants for new Jeep SUV models

FILE PHOTO: A Fiat Chrysler Automobiles sign is seen at the U.S. headquarters in Auburn Hills, Michigan,
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo

February 26, 2019

By Nick Carey

DETROIT (Reuters) – Fiat Chrysler Automobiles NV said on Tuesday it will invest $4.5 billion in five plants to build new models of Jeeps, hoping to bolster the brand so it can compete more effectively in the lucrative market for large SUVs currently dominated by rivals General Motors Co and Ford Motor Co.

The plants will also create 6,500 jobs in Michigan, Fiat Chrysler said in an announcement, around three months after GM announced it would not allocate new products to five plants in North America that mostly produce less-popular sedan models. GM workers and political officials including U.S. President Donald Trump have blasted GM for the decision which is likely to close those plants.

FCA’s plans include turning an engine plant in Detroit into an assembly plant. The company has also reversed a decision to shift production of heavy-duty trucks from Mexico to Michigan in 2020, freeing up the Michigan facility to produce Jeep models.

The automaker said the plans included investments to enable three Michigan plants to produce hybrid and fully-electric Jeep models.

FCA plans to start construction on the new Detroit facility in the third quarter of 2019 and to start production of a new three-row SUV by the end of 2020, followed by a revamped version of the Grand Cherokee in the first half of 2021.

The automaker will also start production of its Wagoneer model and the Grand Wagoneer, a new three-row luxury SUV, at a plant in Warren in the first half of 2021. Early last year, FCA had said it would move heavy-duty truck production to that plant, but it will now remain in the company’s Saltillo, Mexico, plant.

(Reporting By Nick Carey)

Source: OANN

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Mnuchin: Government Would Shield Trump Tax Returns From Congress

Treasury Secretary Steven Mnuchin said on Thursday that he would shield President Donald Trump's tax returns from Congress, during remarks that could signal the administration's approach to an expected request from congressional Democrats.

During testimony in the House of Representatives, Mnuchin told the House tax committee that he would follow the law upon receiving a request for tax returns but would also protect Trump's privacy rights.

"I'm not aware if there's ever been a request for an elected official's tax return," Mnuchin said in response to questions from Democratic Representative Lloyd Doggett, a member of the House Ways and Means Committee. "But we will follow the law and we will protect the president as we would protect any individual taxpayer under their rights."

Committee Chairman Richard Neal, the only member of the House authorized by law to request the president's returns, is expected to ask Mnuchin for the documents. A Democratic member of the committee said earlier this month he believed the panel would ask for Trump's returns in a few weeks.

Democrats view the documents as a potential linchpin for oversight investigations, saying they would show whether the president has complied with U.S. tax law, profited from his own tax cuts, or has conflicts of interest from his vast business holdings.

Neal's committee could seek both his personal and business returns.

Trump defied decades of precedent as a presidential candidate by refusing to release his tax documents and has continued to keep them under wraps as president, saying his returns were under audit by the Internal Revenue Service. The IRS has said that Trump can release his tax returns even while under audit.

Interest in Trump's returns has soared since his former personal lawyer Michael Cohen told a House panel on Feb. 27 that the president has altered his value of assets and slashed the wages of his employees to lower his tax bills.

Section 6103 of the U.S. tax code allows the chairs of three committees -- Neal's House panel, the Senate Finance Committee and the Joint Committee on Taxation -- to request confidential tax returns, and says the Treasury secretary "shall furnish" the documents.

But requesting the tax returns of a sitting president is unprecedented. Fearing a lengthy court battle for the documents, Neal's committee has spent months working to develop a winning legal argument that could base the quest firmly within the panel's jurisdiction to oversee the U.S. tax system.

Senator Chuck Grassley, the Republican chairman of the Senate Finance Committee, is also expected to seek Trump's taxes if Democrats obtain them.

"There's an awful lot of interest in 6103 today," Mnuchin said. He said he would not speculate on a specific strategy for handling a request from lawmakers because he has not yet received one.

Source: NewsMax Politics

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Japan will partially lift evacuation order in town where Fukushima nuclear plant located

Just over eight years since the Fukushima nuclear plant in Japan was crippled by a devastating earthquake and tsunami, officials revealed Tuesday they plan to partially lift an evacuation order for one of the two towns were the facility is located.

Part of the Okuma will reopen on April 10, according to Cabinet Office official Yohei Ogino.

It will mark the first time the evacuation order has been lifted in the town since the March 11, 2011, earthquake and tsunami killed more than 18,000 people

JAPAN ACKNOWLEDGES FIRST FUKUSHIMA RADIATION RELATED DEATH, SEVEN YEARS AFTER DISASTER

The Fukushima Dai-ichi, or No. 1, plant was heavily damaged in the disaster with three reactors having meltdowns, while a fourth had structural damage. Radiation spewed into the air, and highly contaminated water ran into the Pacific.

Okuma Mayor Toshitsuna Watanabe described the decision as a “very welcome move,” a town official told Agence France-Presse

“We will be able to take the first step forward (toward reconstruction) eight years later,” the official quoted Watanabe as saying.

In September, government officials acknowledged that a former worker of the Fukushima nuclear plant has died as a result of radiation exposure. It’s not clear when the man died, however, the country’s health and labor ministry said at the time the man died of cancer triggered by exposure to radiation and that his family should receive workers’ compensation.

JAPANESE UTILITY EYES SCRAPPING 2ND FUKUSHIMA NUCLEAR PLANT

The government has lifted evacuation orders across to other towns across the region affected by the meltdown, allowing residents to return as attempts have been made to decontaminate topsoil and clean other affected areas.

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The evacuation order, however, will remain in place for difficult-to-return zones that still registering high radiation levels. As of the end of February, only 374 people were registered as residents of the affected areas, according to the Japan Times.

Fox News' Lucia Suarez and The Associated Press contributed to this report.

Source: Fox News World

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Deputy accused of planting heroin and meth in car of ex-girlfriend’s new boyfriend

A North Carolina deputy was arrested this week after it was revealed he bought drugs and planted them in the car of his ex-girlfriend's new boyfriend, police say.

Deputy David Scott Burroughs' coworkers became suspicious when he told them about anonymous tips he'd received in May 2018 that the unnamed victim was dealing drugs out of his car.

“This started on a Sunday afternoon,” Anson County Sheriff Landric Reid said, according to FOX13. “By Wednesday, when we made the stop, drugs were at the same place in the car. That was a red flag because anyone selling drugs wouldn't have them Sunday to Wednesday in the same place."

PURCHASER OF $8 MILLION FLORIDA HOME ARRESTED IN THEFT OF $300 IN KMART RETURN SMAM: COPS

The County Sheriff's office then contacted the State Bureau of Investigation to probe the matter further, who found that Burrough allegedly purchased heroin and meth, and placed them in the victim's car in retaliation for dating his ex-girlfriend.

"This was a revenge case where he planted drugs in this male's car,” Reid continued. “This male was dating his ex, and he wanted revenge, and he wanted his ex-girlfriend back."

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Burrough was promptly fired when the investigation was completed, and he was arrested last week. He has since been released on bail and will appear in court next Tuesday.

Source: Fox News National

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British man guilty of possessing bomb-making materials in Kenya

Grant, a British citizen, sits inside the dock at the Law Courts in the Kenya's coastal city of Mombasa
FILE PHOTO: Jermaine John Grant, a British citizen, sits inside the dock at the Law Courts in the Kenya's coastal city of Mombasa, December 2, 2015. REUTERS/Joseph Okanga

April 24, 2019

By Joseph Akwiri

MOMBASA (Reuters) – A British man accused of helping to plan terrorist attacks in Kenya was found guilty on Wednesday of possession of bomb-making materials but acquitted of conspiracy to commit a felony.

Jermaine Grant, from east London, has been in custody since he was arrested in 2011.

At the time he was sharing an apartment with another Briton, Samantha Lewthwaite, dubbed the “White Widow”, who had been married to one of the four suicide bombers who attacked public transport in London on July 7, 2005, prosecutors have said.

Chief magistrate Evans Makori said chemicals and a computer memory drive containing bomb-making instructions were found in the house, but that the prosecution failed to prove the charge of “conspiracy to commit a felony to the required standard”.

Grant smiled as the ruling was read to court in the Kenyan port city of Mombasa where prosecutors said he had planned a bombing campaign against hotels popular with foreign tourists. He denies all the charges.

Grant’s sentencing has been set for May 9. His lawyer Chacha Mwita said he plans to appeal the conviction.

“There was no direct or indirect sufficient evidence to link him with conspiracy to mount the explosives,” Chacha told Reuters by telephone.

Having previously been released on bail, Grant’s two co-defendants, his Kenyan female companion Islam Warda, and Frank Nyengo, were both acquitted of all charges.

In the judgment, Grant was found in possession of explosive materials including hydrogen peroxide, four AA batteries and an eleven centimeter piece of electrical wire.

Prosecutors have accused Grant of having ties to the Islamist group al Shabaab, al-Qaeda’s affiliate in Somalia, a charge he denies.

In 2015 a court found Grant guilty of nine counts related to a fake Kenyan passport, including giving a false statement and making false documents, and sentenced him to a year in prison for each count.

Grant’s former flatmate Lewthwaite, whose husband Germaine Lindsay killed 26 people in a suicide bombing on the Piccadilly Line of London Underground in 2005, is still at large and wanted in Kenya on charges of possession of explosives and conspiracy.

(Additional reporting by Humphrey Malalo; Writing by Hereward Holland; Editing by Peter Graff)

Source: OANN

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Tulsi Gabbard: Mueller report found ‘no collusion took place,’ Dems shouldn’t push to impeach Trump

Hawaii Rep. Tulsi Gabbard, a 2020 candidate for president, told Fox News on Sunday that Special Counsel Robert Mueller's investigation into Russian meddling in the 2016 presidential election found "no collusion" between President Trump and Russia -- and that it's time for the country to focus on the issues that matter most to Americans.

Gabbard, a Democrat, told "America's News HQ" that while she supported the Mueller investigation, "the conclusion that came from that Mueller report was that no collusion took place. Now is the time for us to come together as a country to put the issues and the interests and the concerns that the American people have at the forefront, to take action to bring about real solutions for them."

She continued, "I don't think that we should defeat Donald Trump through impeachment. I think it's really important for us, in this country, to come together and have the American people vote to take Donald Trump out of office in 2020."

Gabbard's position came in direct contrast to Sen. Elizabeth Warren, D-Mass., who last Friday called on the House of Representatives to start impeachment proceedings. Warren explained Saturday at an event in New Hampshire, "I know people say this is politically charged and we shouldn’t go there, and that there is an election coming up, but there are some things that are bigger than politics."

GABBARD SAYS U.S. UNDERMINING NORTH KOREA PEACE BID WITH IRAN, VENEZUELA POLICIES

Also Friday, former Housing and Urban Development Secretary Julian Castro, another 2020 candidate, said launching impeachment proceedings would be "perfectly reasonable."

Gabbard countered, "What I am worried about is the continued divisiveness and putting partisan political interests ahead of the interest of the people," citing a voter's concerns about making ends meet while struggling with the costs of health care.

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The Justice Department released a redacted version of Mueller's report last Thursday. Mueller wrote that he found no proof of collusion between Trump and Russia, and did not draw a conclusion over accusations the president may have obstructed justice.

For his part, President Trump tweeted on Sunday, "Despite No Collusion, No Obstruction, The Radical Left Democrats do not want to go on to Legislate for the good of the people, but only to Investigate and waste time. This is costing our Country greatly, and will cost the Dems big time in 2020!"

Fox News' Adam Shaw and Leland Vittert contributed to this report.

Source: Fox News Politics

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Swedish cop arrests fugitive in the nude after recognizing him in sauna

A Swedish police officer has been praised for staying cool in a hot situation after capturing a long-time fugitive who he recognized in a hazy sauna while both were naked.

The officer happened to head to the sauna last Friday at the same time as the criminal, who had been wanted after he failed to show up for sentencing for attempted assault and drug offenses.

GERMANY REPORTS DROP IN CRIME, 96% OF HOMICIDE CASES CLEARED

Through the haze, the officer recognized the criminal and made the arrest.

“By a coincidence, and rather amusingly, they both recognized each other in the sauna,” Christoffer Bohman, deputy police chief in the Stockholm district of Rinkeby, told Swedish broadcaster SVT.

“It’s easier to take action when you have your colleagues with you, and all your tools and equipment. This was as stripped-down as it gets – in more ways than one,” he added.

BRITAIN CAN'T 'SIMPLY ARREST' WAY FROM YOUTH KNIFE VIOLENCE

The official said the officer kept “his head cool even when it was hot in a potentially dangerous situation.”

The Rinkeby police, in charge of policing in a Stockholm district, praised their colleague and titled the incident as “Naked Arrest”.

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“We are everywhere. Even if you do not see us, we are there,” the police said on Facebook.

Source: Fox News World

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Britain's Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador's residence in Beijing
Britain’s Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador’s residence in Beijing, China April 26, 2019. REUTERS/Florence Lo/Pool

April 26, 2019

BEIJING (Reuters) – British finance minister Philip Hammond said on Friday that he had a “very constructive meeting” with his counterpart in the opposition Labour Party before leaving for Beijing and that he was optimistic about finding common ground.

Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing, said talks with Labour aimed at finding a way forward on Brexit had not stalled.

“I’m optimistic that we will find common ground,” he said. “Both sides have got clear positions and both sides will have to compromise in order to reach an agreement.”

Hammond added that he absolutely did not favor a no deal exit from the European Union.

(Reporting by Ben Blanchard; editing by Darren Schuettler)

Source: OANN

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Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard
FILE PHOTO: An employee looks up at goods at the Miniclipper Logistics warehouse in Leighton Buzzard, Britain December 3, 2018. REUTERS/Simon Dawson

April 26, 2019

LONDON, April 26 – British factories stockpiled raw materials and goods ahead of Brexit at the fastest pace since records began in the 1950s, and they were increasingly downbeat about their prospects, a survey showed on Friday.

The Confederation of British Industry’s (CBI) quarterly survey of the manufacturing industry showed expectations for export orders in the next three months fell to their lowest level since mid-2009, when Britain was reeling from the global financial crisis.

The record pace of stockpiling recorded by the CBI was mirrored by the closely-watched IHS Markit/CIPS purchasing managers’ index published earlier this month.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing
Malaysian Prime Minister Mahathir Mohamad speaks at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. REUTERS/Florence Lo

April 26, 2019

KUALA LUMPUR (Reuters) – Fewer than half of Malaysians approve of Prime Minister Mahathir Mohamad, an opinion poll showed on Friday, as concerns over rising costs and racial matters plague his administration nearly a year after taking office.

The survey, conducted in March by independent pollster Merdeka Center, showed that only 46 percent of voters surveyed were satisfied with Mahathir, a sharp drop from the 71 percent approval rating he received in August 2018.

Mahathir’s Pakatan Harapan coalition won a stunning election victory in May 2018, ending the previous government’s more than 60-year rule.

But his administration has since been criticized for failing to deliver on promised reforms and protecting the rights of majority ethnic Malay Muslims.

Of 1,204 survey respondents, 46 percent felt that the “country was headed in the wrong direction”, up from 24 percent in August 2018, the Merdeka Center said in a statement. Just 39 percent said they approved of the ruling government.

High living costs remained the top most concern among Malaysians, with just 40 percent satisfied with the government’s management of the economy, the survey showed.

It also showed mixed responses to Pakatan Harapan’s proposed reforms.

Some 69 percent opposed plans to abolish the death penalty, while respondents were sharply divided over proposals to lower the minimum voting age to 18, or to implement a sugar tax.

“In our opinion, the results appear to indicate a public that favors the status quo, and thus requires a robust and coordinated advocacy efforts in order to garner their acceptance of new measures,” Merdeka Center said.

The survey also found 23 percent of Malaysians were concerned over ethnic and religious matters.

Some groups representing Malays have expressed fear that affirmative-action policies favoring them in business, education and housing could be taken away and criticized the appointments of non-Muslims to key government posts.

Last November, the government reversed its pledge to ratify a UN convention against racial discrimination, after a backlash from Malay groups.

Earlier this month, Pakatan Harapan suffered its third successive loss in local elections since taking power, which has been seen as a further sign of waning public support.

Despite the decline, most Malaysians – 67 percent – agreed that Mahathir’s government should be given more time to fulfill its election promises, Merdeka Center said.

This included a majority of Malay voters who were largely more critical of the new administration, it added.

(Reporting by Rozanna Latiff; Editing by Nick Macfie)

Source: OANN

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The German share price index DAX graph at the stock exchange in Frankfurt
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 25, 2019. REUTERS/Staff

April 26, 2019

By Medha Singh and Agamoni Ghosh

(Reuters) – European shares slipped on Friday after losses in heavyweight banks and Glencore outweighed gains in healthcare and auto stocks, while investors remained on the sidelines ahead of U.S. economic data for the first quarter.

The pan-European STOXX 600 index was down 0.1 percent by 0935 GMT, eyeing a modest loss at the end of a holiday-shortened week. Banks-heavy Italian and Spanish indices were laggards.

The banking index fell for a fourth day, at the end of a heavy earnings week for lenders.

Britain’s Royal Bank of Scotland tumbled after posting lower first quarter profit, hurt by intensifying competition and Brexit uncertainty, while its investment bank also registered poor returns.

Weakness in investment banking also dented Deutsche Bank’s quarterly trading revenue and sent its shares lower a day after the German bank abandoned merger talks with smaller rival Commerzbank.

“The current interest rate environment makes it challenging for banks to make proper earnings because of their intermediary function,” said Teeuwe Mevissen, senior market economist eurozone, at Rabobank.

Since the start of April, all country indexes were on pace to rise between 1.8 percent and 3.4 percent, their fourth month of gains, while Germany was strongly outperforming with 6 percent growth.

“For now the current sentiment is very cautious as markets wait for the first estimates of the U.S. GDP growth which could see a surprise,” Mevissen said.

U.S. economic data for the first-quarter is due at 1230 GMT. Growth worries outside the United States resurfaced this week after South Korea’s economy unexpectedly contracted at the start of the year and weak German business sentiment data for April also disappointed.

Among the biggest drags on the benchmark index in Europe were the basic resources sector and the oil and gas sector, weighed down by Britain’s Glencore and France’s Total, respectively.

Glencore dropped after reports that U.S authorities were investigating whether the company and its subsidiaries violated certain provisions of the commodity exchange act.

Energy major Total said its net profit for the first three months of the year fell compared with a year ago due to volatile oil prices and debt costs.

Chip stocks in the region including Siltronic, Ams and STMicroelectronics lost more than 1 percent after Intel Corp reduced its full-year revenue forecast, adding to concerns that an industry-wide slowdown could persist until the end of 2019.

Meanwhile, healthcare, which is also seen as a defensive sector, was a bright spot. It was helped by French drugmaker Sanofi after it returned to growth with higher profits and revenues for the first-quarter.

Luxembourg-based satellite operator SES led media stocks higher after it maintained its full-year outlook on the back of the company’s Networks division.

Automakers in the region rose 0.4 percent, led by Valeo’s 6 percent jump as the French parts maker said its performance would improve in the second half of the year.

Continental AG advanced after it backed its outlook for the year despite reporting a fall in first-quarter earnings.

Renault rose more than 3 percent as it clung to full-year targets and pursues merger talks with its Japanese partner Nissan.

(Reporting by Medha Singh and Agamoni Ghosh in Bengaluru; Editing by Gareth Jones and Elaine Hardcastle)

Source: OANN

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