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Party on: Real estate booms in cradle of China’s Communist revolution

FILE PHOTO - Man walks near a shantytown to be redeveloped, in front of apartment buildings, in Fu county in the south of Yanan
FILE PHOTO - A man walks near a shantytown to be redeveloped, in front of apartment buildings, in Fu county in the south of Yanan, Shaanxi province, China January 2, 2019. Picture taken January 2, 2019. REUTERS/Yawen Chen

March 12, 2019

By Yawen Chen and Ryan Woo

YANAN, China (Reuters) – Staring at an array of floor plans in a showroom packed with models of apartment blocks set to go up in the northwestern city of Yanan, the young couple was faced with a tough decision.

Even as housing prices in places like Beijing and Shanghai have shown signs of cooling, they remain red hot in many small cities like Yanan, putting pressure on prospective buyers like Jia Luyu, 30, and her husband, to get in now – or be priced out of the market.

After a long deliberation on a recent afternoon, the couple decided to pour their life savings into a 1.1 million yuan ($163,653.95) three-bedroom apartment in a new district carved out of the loess hills that surround Yanan.

“Prices are rising too quickly here,” said Jia, a police department clerk, as she signed the contract. It was important to lock in a place as the couple plans for their first child, she said. Jia’s husband declined to give his name.

While the central government has tamped down property prices in bigger cities across China in an effort to control the longest real estate boom in over a decade, more fragile economies like Yanan have been left alone.

Worried by the effects of a slowing Chinese economy, which has been exacerbated by a bruising trade war with the United States, the government is allowing prices to rise quickly in Yanan and hundreds of other cities across the country.

Easy credit policies and official intervention in property markets are fuelling those price surges, raising fears that local governments may be creating the sorts of housing bubbles and debt burdens that Beijing has vowed to crack down on.

Real estate prices in more than 200 Chinese cities out of 336 tracked by the China Real Estate Association, mostly smaller provincial cities, have been growing at double digit rates in the past year, with Yanan’s rising more than 15 percent year-on-year in December, according to a Reuters analysis of the data.

A dozen home buyers and agents in Yanan interviewed by Reuters said prices had almost doubled for some new projects in 2018.

The building boom has transformed Yanan in recent years from a small town famed as the epicenter of China’s communist revolution in the 1930s into a bustling city of 2 million people.

But Yanan, located more than 800 kilometers from China’s prosperous coastal regions, remains heavily reliant on crude oil production, which has been hit by faltering prices, and local authorities see property as a key to growth.

The city government has intervened in the market by freeing up credit and reducing housing stock by demolishing aging homes to spur sales of new units.

It has also invested heavily in developments like the Yanan New Zone, where Jia and her husband bought their flat, lured by the new schools and hospitals being constructed there. Her office was also moved to the zone from Yanan’s old town, along with a slew of government agencies.

“It’s ironic to think few had wanted to buy in this area not too long ago when prices were less than half of where they are now,” she said.

Much of that soaring demand stems from Yanan’s embrace of a national slum redevelopment program, mainly financed by policy banks such as the China Development Bank (CDB). That has led to the demolition over 90,000 homes in Yanan in the past two years.

Those whose homes were demolished were paid off, with cash compensations ranging from hundreds of thousands of yuan to the millions, according to interviews with half a dozen Yanan residents and government proposals made public online.

Li Xing, a 32-year-old taxi driver, said his mud house behind a vegetable market will be demolished this year and that he plans to use the compensation for a down payment on a new apartment.

Yanan’s housing stock has fallen to “nearly nothing”, said an official at the housing bureau who asked to be identified only as Wang. The official said the city would stick with its current housing policies.

China’s leaders signaled in December that more policy easing at the city level would be tolerated this year as downside risks in the real estate market were increasing. Cities would be given responsibility for “stabilizing” their respective real estate markets based on local conditions, they said.

Still, Yanan authorities appear to be trying to keep the city’s boom under the radar.

Yanan’s housing bureau stopped publishing monthly home price data in September. That followed a report in the official People’s Daily that the city’s price growth was the most robust in Shaanxi province. The housing bureau declined to comment.

‘UP TO THE GOVERNMENT’

As prices soar, developers have flocked to projects like the Yanan New Zone. Yango Group is constructing a residential project in the zone that is about the size of 70 football fields, with homes averaging 8,600 yuan per square meter.

Big-name developers such as Sunac and Future Land are also aggressively bidding for land in the zone, with hundreds of apartments planned.

Zhang Ning, who manages a 24-people sales team at Future Land in Yanan, said he was optimistic despite a slightly slower pace of sales since October.

“I’m hoping we can sell out by the end of this year,” Zhang said, adding that the developer had about 800 apartments planned. He said residential land prices in the Yanan New Zone have soared almost five fold since 2015.

Approving large numbers of new home sales has had a clear impact on the local economy, the authorities say. Real estate spurred Yanan’s economic growth by 0.4 percentage points in 2017, with an “obvious positive impact” on other related industries, the local Statistics Bureau said.

Property investment doubled in 2018 from a year earlier. Land sales totaled 2.8 billion yuan from January to November, up more than 450 percent from a year earlier, Reuters calculated from data from the China Index Academy.

“Whether the market will keep booming depends on whether the government is short of money or not,” Zhang said. “Take a look around, and just imagine how much debt the government has taken on in building this new zone.”

“And I think they will definitely seek to maintain the stability in the real estate market if there are signs of a sharp cooling,” he added.

The local government did not respond to a request for comment.

RISKS IN THE SYSTEM

Sheng Songcheng, a People’s Bank of China adviser, told a forum in January he was concerned about the risks in smaller cities. China’s housing bubble is bigger than Japan’s when it burst in the 1990s, judging by the income-to-price ratio, he said.

“There are indeed some overshooting risks,” said Wang Yifeng, director of the Financial Center of Minsheng Bank’s Research Institute in Beijing.

An official close to the People’s Bank of China told Reuters the central bank would keep property risks in check, although he conceded that local governments would always find ways to let buyers bypass curbs and keep supporting high prices.

However, Liu Yong, CDB’s chief economist, dismissed concerns about a property slowdown dampening local economic growth, saying that the policy bank’s branches were monitoring conditions to evaluate projects and adjust policy accordingly.

“It won’t be a one-size-fits-all approach,” he told Reuters.

Even with the risks, many in Yanan feel the city’s role in Communist Party lore – President Xi Jinping also spent nearly a decade of his youth working in a village in the region – will insulate it from any downturn.

Yang Quan, who manages two apartments on Airbnb in Yanan, said he planned to buy a new home in the city this year.

“As long as President Xi Jinping is in power, Yanan’s property prices will keep rising,” he said.

(Reporting by Yawen Chen and Ryan Woo; Additional Reporting by Beijing Newsroom; Editing by Philip McClellan)

Source: OANN

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UK employers’ confidence in economy slides before Brexit: REC

Workers walk to work during the morning rush hour in the financial district of Canary Wharf in London
FILE PHOTO: Workers walk to work during the morning rush hour in the financial district of Canary Wharf in London, Britain, January 26, 2017. REUTERS/Eddie Keogh

February 27, 2019

LONDON (Reuters) – British employers’ confidence in the economy has fallen sharply ahead of Brexit, hammering hiring and investment intentions, an industry survey showed on Wednesday.

The Recruitment and Employment Confederation’s (REC) gauge of confidence in the economy slid to -20 in the three months to January, the lowest reading since the survey started in mid-2016 and down from -14 in the previous report.

The survey adds to a raft of business surveys showing that businesses have put the brakes on investment plans ahead of Britain’s scheduled departure from the European Union on March 29.

Lawmakers in London have yet to approve a deal that would smooth Britain’s divorce with the EU, leaving open the prospect of a disorderly departure – although on Tuesday Prime Minister Theresa May offered lawmakers the chance to vote next month in favor of a delay.

“With employers’ confidence levels at a low point and hiring intentions for both permanent and temporary staff dropping in today’s survey, there can no longer be any argument: uncertainty is damaging for job creation,” REC chief executive Neil Carberry said.

By contrast, consumer confidence has held up relatively well, although a separate survey showed households are being hit with higher prices in shops.

The British Retail Consortium said shop prices rose at an annual pace of 0.7 percent in February, the highest inflation rate since March 2013 and following a 0.4 percent increase in January.

“While price rises over the last six months have been relatively modest, a no deal Brexit would have a much more immediate and dramatic effect,” BRC chief executive Helen Dickinson said.

A Citi/YouGov survey earlier this week showed expectations for consumer price inflation among Britain’s public hit a joint five-year high in February.

Although consumer price inflation hit two-year low in January, the Bank of England has said this mainly reflects a fall in the price of oil and that domestic price pressures are strengthening.

The REC jobs outlook surveyed 611 companies between Nov. 1 and Jan. 25.

(Reporting by Andy Bruce, editing by David Milliken)

Source: OANN

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Ex-spy Valerie Plame now eyes US House seat instead of Senate

Ex-spy Valerie Plame is considering running for an open U.S. House seat in New Mexico after previously saying she would launch a Senate bid.

Plame, a Democrat, said she will make a decision soon about going after the seat currently held by Democrat U.S. Rep. Ben Ray Lujan, who is stepping down to run for the U.S. Senate.

“Right now, I am going around and meeting with people,” said Plame, a Democrat. “I have a lot to learn and I would like another opportunity to serve my country.”

EX-CIA DIRECTOR JOHN BRENNAN ADMITS HE MAY HAVE HAD 'BAD INFORMATION' REGARDING PRESIDENT TRUMP AND RUSSIA

Her decision to focus on the House after indicating interest in the Senate stems from wanting to “continue Ben Ray’s legacy.”

Plame, 55, told media outlets last month that she planned to run a for Senate seat being held by Sen. Tom Udall, D-N.M., after he announced he would not seek re-election. Plame has been highly critical of President Trump. In 2017, she crowdfunded nearly $90,000 to buy a stake in Twitter in an unsuccessful effort to ban the president from the platform.

The former CIA operative was thrust into the national spotlight when she was outed in a 2003 column that cited officials with the George W. Bush administration as sources of a leak. Plame maintained the revelation was an effort to discredit her then-husband Joe Wilson, a former diplomat who was critical of Bush's decision to invade Iraq.

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Plame wrote a memoir: “Fair Game: My Life as a Spy, My Betrayal by the White House," which was later made into a film.

The Associated Press contributed to this report. 

Source: Fox News Politics

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Fire that gutted church ruled arson; motive sought

Authorities say a fire that gutted an eastern Pennsylvania church was deliberately set, but the motive for the arson is still under investigation.

Bethlehem police say the blaze at Iglesia Pentecostal de Bethlehem was reported shortly after midnight Monday.

Captain Ben Hackett says someone apparently "entered the sanctuary area of the church and started the fire." Officials said the blaze burned out before first responders arrived. No one was injured.

Police said the extent of damage was undetermined, but most of it appeared to be due to smoke and soot. A church GoFundMe campaign calls the interior "completely gone, not to mention all equipment, speakers, benches and instruments."

The federal Bureau of Alcohol, Tobacco, Firearms and Explosives is offering a reward of up to $5,000 for information in the case.

Source: Fox News National

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Harris on O'Rourke Candidacy: The More the Merrier

Sen. Kamala Harris, D-Calif., a Democratic candidate for president, welcomed former Rep. Beto O’Rourke, D-Texas into the race on Thursday.

Her comments came during an interview with correspondent Peter Alexander on MSNBC’s “Andrea Mitchell Reports.”  Responding to a question on whether she sees O’Rourke as her main competitor, Harris said: “Oh, I think the voters will decide, but I mean as far as I’m concerned Peter, the more the merrier.  It’ll be a good race.”

And she added: “I probably have not studied him as much as you have but I will tell you that I think we have an embarrassment of riches among the Democrats who are running.  We have incredible public servants who are smart, whose voices are important and I think it’s going to be robust and a very healthy process and I’m looking forward to it.”

O’Rourke formally announced Thursday that he will seek the 2020 Democratic presidential nomination.

Source: NewsMax Politics

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Palestinians consider recalling envoy over Brazil’s Jerusalem trade mission

Brazilian President Jair Bolsonaro, accompanied by Israeli Prime Minister Benjamin Netanyahu, pose for a photo as they visit the Western Wall in Jerusalem's Old City
Brazilian President Jair Bolsonaro, accompanied by Israeli Prime Minister Benjamin Netanyahu, pose for a photo as they visit the Western Wall in Jerusalem's Old City. April 1, 2019 Menahem Kahana/Pool via REUTERS

April 1, 2019

By Lisandra Paraguassu

BRASILIA (Reuters) – The Palestinian ambassador to Brazil said on Monday he may be recalled home after right-wing Brazilian President Jair Bolsonaro’s new government said it will open a trade mission to Israel in Jerusalem.

Brazil’s announcement on Sunday came during a visit by Bolsonaro to Israel. It stopped short of following the United States with a full embassy move to the contested city of Jerusalem, as Bolsonaro had suggested in January. Like most countries, Brazil has an embassy in Tel Aviv.

Bolsonaro’s original proposal angered the Muslim world, and senior Brazilian officials backed away from it for fear of damaging ties with Arab countries and jeopardizing billions of dollars in Brazilian halal meat exports.

Presidential spokesman Otavio Rego Barros said on Sunday the trade mission would not be a diplomatic representation, but the move drew anger from the Palestinians.

Brazil has not officially recognized Jerusalem as Israel’s capital. Most world powers say the city’s status should only be decided as part of a peace process with the Palestinians.

Palestinian Ambassador in Brasilia Ibrahim Alzeban told Reuters that he may be recalled, although a response was still under consideration.

“From what I was told, it will depend on how (Bolsonaro’s) visit evolves,” Alzeban said. “We wish that the subject of Jerusalem had not been touched upon.”

The Palestinian Foreign Ministry said on Sunday the opening of the Jerusalem trade office was as a “a flagrant violation of international legitimacy (and) direct aggression against our people and their rights.”

Israel captured East Jerusalem along with the West Bank and Gaza in the 1967 Middle East war. Palestinians seek to establish a state in the territories, with East Jerusalem as its capital.

Alzeban said the Palestinians were also upset because Bolsonaro did not consider a visit to the Palestinian territories or coordinate his visit with Palestinian authorities.

Bolsonaro is an outspoken admirer of U.S. President Donald Trump, who broke with consensus by recognizing Jerusalem as Israel’s capital and moving the U.S. embassy there last year.

Israeli Prime Minister Benjamin Netanyahu has said he hopes that Brazil’s Jerusalem trade office is a step toward moving the embassy to the city.

“There is no recognition of Jerusalem as the capital,” Brazilian presidential spokesman Barros said. “Our president continues to evaluate this possibility (of moving the embassy), but that is not what we decided at this time.”

(Reporting by Lisandra Paraguassu; Writing by Jake Spring; Editing by Susan Thomas)

Source: OANN

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GOP Sens: Dems Stalling Disaster Relief to Exact Revenge

Democrats are holding up a major disaster relief bill to seek revenge for GOP opposition to a $51 billion aid package for New York in 2013 after it was hit by Hurricane Sandy in 2012, The Hill reports.

Sen. Johnny Isakson, R-Ga., referenced a conversation with Sen. Patrick Leahy, D-Vt., as proof.

"The senator from Vermont called me last Friday and said, 'I want to show you something,' so he sent over this two-page spread on that vote. Of the 37 'no' votes, I was one of them," Isakson said when he was asked whether Democrats were stalling disaster relief to exact revenge.

"We had a few words," Isakson added.

Isakson voted against the 2013 measure.

"It's Sandy payback," another GOP Senator told The Hill.

Senate Democrats on Monday stonewalled a bill from getting to a final floor vote over what they said was a lack of funds for Puerto Rico.

The proposal, which failed in a 44-49 vote, would have provided $600 million in nutrition assistance to Puerto Rico, but no additional funds to bolster flood protection and repair the electrical grid.

The Caribbean island is still reeling from back-to-back hurricanes in 2017 that uprooted trees, destroyed homes and knocked out power to the entire island.   

The House passed a $14.2 billion disaster recovery bill earlier this year that included funds that could be used by Puerto Rico to rebuild its water systems.

Source: NewsMax America

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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.

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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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