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Nearly $200G, surveillance equipment seized from Florida spa linked to Robert Kraft case, records show

Law enforcement officers who conducted a monthslong sting operation on the Jupiter, Fla., spa where New England Patriots owner Robert Kraft was accused last month of soliciting prostitution, seized nearly $200,000 from the business and arrested the owner and manager on felony charges, according to court records released Tuesday.

Jupiter police who raided the local Orchids of Asia Spa reportedly found $183,000 in bank safety deposit boxes belonging to spa owner and manager Hua Zhang and Lei Wang, search warrants indicate. The officers also froze nine bank accounts belonging to Zhang and Wang and seized the spa’s surveillance equipment, according to records.

Zhang and Wang were taken into custody on a slew of felony charges involving a prostitution business, while Kraft faces a misdemeanor solicitation charge. Zhang, a 58-year-old legal resident of the U.S., has pleaded not guilty and is now under house arrest under a $278,000 bond, the Sun-Sentinel of South Florida reported. Wang, 39, has also pleaded not guilty and is still in custody on a $256,000 bond, the report said.

FOUNDER OF SPA WHERE ROBERT KRAFT WAS ACCUSED OF SOLICITING PROSTITUTION ATTENDED TRUMP'S SUPER BOWL PARTY: REPORT

The seized cash and surveillance equipment was part of a multi-jurisdiction investigation that involved the closing of 10 spas between Palm Beach and Orlando and the arrests of 300 men. While no one has been charged with human trafficking, authorities have said they believe the spa’s employees were brought to the U.S. from China.

An investigation began in October and surveillance began in early November, the Miami Herald reported, citing search warrants. Officers said they observed nearly 80 men enter the spa and leave after 30 or 60 minutes, the report said. Some customers were pulled over for traffic violations after they left and admitted to paying for sex acts, the warrants show.

By mid-November, a female health inspector went into the spa and later told officers there was evidence that the three female workers were living in the store. Officers then searched trash bins behind the spa and reportedly found evidence of sexual activity.

On Jan. 17, after obtaining a warrant, officers used an undescribed “tactical ruse” to get the employees outside and secretly install surveillance cameras. As officers chatted with the employees, Zhang arrived and told officers she could see their arrival on her cellphone, tipping them off that she had her own camera system installed, the documents show. Officers were able to find those cameras and their recorders, which were later seized.

Police say Kraft, 77, first visited two days after the cameras were installed and again the next morning, shortly before he flew to Kansas City, where he saw his team defeat the Chiefs in the AFC Championship Game.

HOW RUMORS OF A BIGGER NAME THAN ROBERT KRAFT BEING BUSTED FOR SOLICITATION GOT STARTED

Investigators say they videotaped him engaging in sex acts during both visits and then handing over cash. Kraft, who is reportedly worth $6 billion, handed over a $100 bill and another bill after one visit, records show, and an undetermined amount during the other. Two weeks later, the Patriots won the Super Bowl, their sixth under his ownership.

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Kraft was charged in late February and has pleaded not guilty. Most men charged for the first time with soliciting are eligible for a diversion program where they pay a $5,000 fine, perform 100 hours of community service and attend a class where they learn about the dangers of prostitution and how it is often tied to human trafficking.

The Associated Press contributed to this report.

Source: Fox News National

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Trump says will check claim social media chief blocked by Facebook

White House Social Media Director Scavino awaits start of joint news conference at the White House in Washington
FILE PHOTO: White House Social Media Director Dan Scavino awaits the start of a joint news conference between U.S. President Donald Trump and Poland's President Andrzej Duda in the East Room of the White House in Washington, U.S., September 18, 2018. REUTERS/Brian Snyder

March 19, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday he will look into Facebook’s apparent decision to block public comments by White House social media director Dan Scavino.

Scavino posted a screen shot late on Monday of a message from Facebook saying he was temporarily blocked from making public comments because some of his comments had been reported as spam.

“Dear Facebook—AMAZING. WHY ARE YOU STOPPING ME from replying to comments followers have left me – on my own Facebook Page!!?? People have the right to know. Why are you silencing me??? Please LMK!” Scavino said in his post.

The message from Facebook included links labeled “This is a mistake” and “OK.” It was not clear if Scavino reported the possible mistake to Facebook or if he was still blocked.

Trump pounced on the issue. “I will be looking into this!” Trump said in a Twitter post.

Earlier on Tuesday, Trump accused social media platforms Facebook, YouTube and Twitter of favoring his Democratic opponents over him and his fellow Republicans. Alphabet Inc’s Google owns YouTube.

(Reporting by Doina Chiacu; Editing by Chizu Nomiyama and Steve Orlofsky)

Source: OANN

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Sky to return pay-tv assets to Mediaset after antitrust probe

The Mediaset tower is seen in Cologno Monzese neighbourhood Milan
The Mediaset tower is seen in Cologno Monzese neighbourhood Milan, Italy, in this April 7, 2016 file photo. REUTERS/Stefano Rellandini/File Photo

April 12, 2019

MILAN (Reuters) – Italy’s biggest commercial broadcaster Mediaset agreed on Friday to cancel the sale of pay-tv assets to Sky’s Italian unit following a probe from the country’s antitrust regulator that said the deal could affect competition.

Mediaset announced in November it was selling its digital terrestrial pay-tv platform, known as R2, to Sky as part of a broader content agreement between the two broadcasters. A source close to the deal said Sky paid 23 million euros.

But the deal was subject to unconditional approval from Italy’s competition watchdog, which last month said it was looking into the accord as it could affect competition in the domestic pay-TV market, where Sky is already the dominant player.

The companies said in a joint statement they considered it unlikely the watchdog would approve the deal without setting conditions and therefore the platform would return to Mediaset.

As part of Thursday’s agreement, Sky will still use the platform for some of its pay-tv subscription offers, including broadcasting Serie A soccer matches, under a two-year contract.

(This story has been refilled to change day to Friday)

(Reporting by Elvira Pollina; Editing by Kirsten Donovan)

Source: OANN

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Girl, 5, presumed drowned after vanishing in California river; search reduced: report

The search for a five-year-old girl, who is now presumed drowned, has been scaled back three days after she slipped off a rock into the Stanislaus River in Northern California and vanished, a report said Tuesday.

Stanislaus County Sheriff’s Deputy Royjindar Singh told the Modesto Bee that the search for Matilda Ortiz was reduced to deputies looking along the shore and one boat from the fire department. When the search on Tuesday concluded in the afternoon, Singh said he did not know whether searchers would return Wednesday morning.

NEBRASKA FARMER WHO DIED TRYING TO RESCUE A STRANGER FROM FLOODWATERS IS HAILED AS A HERO

Meanwhile, family members of Matilda resolved to stay at the scene until the girl's body is found, the Modesto Bee reported. Community members have donated tents, bedding and meals to the family.

Matilda, who is autistic, fell into the river Sunday evening in Knights Ferry. It was later revealed her father, Roberto Ortiz, jumped in to try to save her but was unable to overcome the river’s swift current. Bystanders jumped in to rescue him.

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The sheriff’s department on Tuesday night wrote on Facebook that rescue teams were using boats, drones and an underwater camera in their continued search for Matilda.

“Please continue to pray for the family, that we can bring some closure,” the department wrote. “Our hearts break for them and little Matilda.”

Source: Fox News National

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Papadopoulos to Newsmax TV: Campaign Spying 'Illicit Behavior'

George Papadopoulos, the former Trump campaign adviser who got caught up in the Russia investigation, would not tell Newsmax TV he thinks former FBI Director James Comey should be in jail — but he did call out what he termed "possibly illegal and definitely illicit behavior" related to the intelligence community surveilling him.

Papadopoulos was on Thursday's "Newsmax Now" and was asked by host John Bachman if he thinks Comey deserves to be prosecuted for purported abuses of intelligence-gathering practices.

"I believe in due process in this country, and I believe everybody deserves a fair trial," said Papadopoulos, who served 12 days in federal prison last fall for lying to the FBI as part of the Russia investigation. "So, I don't have a prediction or an opinion of whether Jim Comey should go to jail, because I'm not sure to the extent that he was involved in possibly illegal and definitely illicit behavior and surveillance of the Trump campaign."

Papadopoulos, who tells his story in a new book titled "Deep State Target: How I Got Caught in the Crosshairs of the Plot to Bring Down President Trump," told Bachman he is convinced something wrong was happening in the intelligence community while he was on the Trump campaign. He said the FBI was involved in setting him up in the form of meetings he held overseas with various individuals.

"I think it's time for people to hold onto their seatbelts, because I think some of the information in my book is really going to open up a lot of new doors and raise a lot of new questions instead of close this particular chapter in American history," he said.

Important: Newsmax TV is now carried in 65 million cable homes on DirecTV Ch. 349, Dish Network Ch. 216, Comcast/Xfinity Ch. 1115, U-verse Ch. 1220, FiOS Ch. 615 or More Systems Here.

Source: NewsMax America

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Berlin backs Deutsche Bank merger despite risk of shortfall: sources

FILE PHOTO: Christian Sewing, CEO of Deutsche Bank AG, addresses the media during the bank's annual news conference in Frankfurt
FILE PHOTO: Christian Sewing, CEO of Deutsche Bank AG, addresses the media during the bank's annual news conference in Frankfurt, Germany, February 1, 2019. REUTERS/Kai Pfaffenbach/File Photo

March 10, 2019

By John O’Donnell and Tom Sims

FRANKFURT (Reuters) – Berlin is so worried about the health of Deutsche Bank that it pushed for a merger with rival Commerzbank even though it could open up a huge financial shortfall, a German official told Reuters.

Deutsche Bank’s management board has agreed to hold talks with Commerzbank about the feasibility of a merger. The state owns a 15 percent stake of Commerzbank and is expected to be a shareholder in the new group.

The German official said that any tie-up would likely result in a multi-billion-euro hole because a switch in bank ownership legally triggers a revaluation of assets such as government bonds.

They would be revalued at a market price which is typically lower than the one registered on the accounts. A second source, who is familiar with the talks, said they also expected a shortfall after the potential merger.

Rating agency Moody’s has said that a takeover could result in a “downward valuation adjustment for parts of Commerzbank’s asset base”.

A second German official said Deutsche’s future was in question because high costs left it with little profit. Asked about a merger between the two banks, a third official said one was urgently needed to reduce the number of branches in an overcrowded market.

Both said a buoyant jobs market in Germany made it easier to make staff cuts without prompting large protests because those employees would be easily able to find other work.

Spokespeople for both banks, the German finance ministry and the economy ministry declined to comment for this story.

Deutsche Bank has said it is stable. Last month, as it announced a return to profit in 2018, its chief executive Christian Sewing said it was “on the right track” for growth and lower costs.

The banks will make a decision about whether to pursue a merger within weeks, a fifth source said.

“In 2016 … Deutsche went to the brink,” said the first official. “They haven’t really got out of that hole…It’s legitimate to ask:… how dangerous is that with systematic relevance?”

While having the government of Europe’s largest economy as a shareholder would give the group some weight, it would also be humbling for Deutsche Bank, once a symbol of German strength on Wall Street and London.

Its share price has tumbled after a string of scandals and fines including a $7 billion plus penalty in 2016 for selling U.S. home loans that unraveled in the financial crash.

A key measure of its default risk, a form of insurance known as credit default swaps, has risen.

Deutsche’s significance was underscored by the International Monetary Fund in 2016 when it said the bank’s links to the world’s largest lenders made it a bigger potential risk to the wider financial system than any other global bank.

Berlin has been examining options for Deutsche for many months. Senior German officials even participated in informal, exploratory discussions in recent months with Switzerland’s UBS about a merger with Deutsche, two more sources said.

But there was little appetite in Switzerland for making UBS bigger or for merging with a weaker Deutsche, so German officials reverted to Commerzbank, those people said. A UBS spokesman declined to comment.

CONFIDENCE SHAKEN

The sources said it was not clear how any shortfall would be filled or even what size it would be.

The first source said that capital shortfall would be in the order of billions of euros although he noted that some people said there would be no need for fresh capital.

The new group could get financial support from a new fund that will be set up to support strategic industries in the face of competition from China.

German officials have identified Deutsche Bank as a national “champion” and the fund is expected to provide state backing or guarantees that would help companies raise cash from pension funds or insurers.

“I would get in private capital,” said a fourth German official. “An international bank is strategic.” It is not clear how big the fund will be.

Officials also see the potential merger as a way to protect Commerzbank from being snapped up by a foreign rival, which could make Deutsche’s problems worse.

Some experts are skeptical, however. Jan Krahnen, a member of the academic advisory board of the German finance ministry, said he had “strong reservations” because building such a “national champion…is blatantly against the spirit of Europe.”

Achim Wambach, president of influential German think tank ZEW research institute, said it was unclear whether such a tie-up would improve financial stability.

Klaus Adam, a professor of economics at the University of Oxford and also a member of the advisory panel to the finance ministry, said Deutsche Bank’s “reputation problems” could rub off on Commerzbank.

Customers’ and peers’ faith in Deutsche was shaken after the 2016 fines. A raid on the bank by police in November as part of an investigation into money laundering and two other scandals further shook confidence and hurt revenues.

Such matters “of course…were not helpful in the fourth quarter of 2018,” the bank’s co-deputy CEO Karl von Rohr said.

(Editing by Anna Willard)

Source: OANN

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Senators Want Iran Sanctions Relief Tied to Prisoners’ Release

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Two influential Democratic senators for the first time are urging President Trump to use sanctions relief for countries that want to do business with Iran as leverage to help secure the release of Americans unjustly imprisoned in the Islamic republic.

Sens. Tim Kaine and Chris Coons, both senior Democrats on the Foreign Relations Committee, sent a letter to Trump Monday imploring him to use “all leverage possible” in trying to free Americans imprisoned in Iran and elsewhere.

Kaine and Coons called on the administration to form a multinational taskforce to combine efforts with at least 12 other nations whose citizens are also unlawfully detained in Iran.

The senators also said the administration should require countries seeking conditional waivers from U.S. economic sanctions on Iran, including Iraq, India and China, to lean on Iran to free Americans and other Western prisoners.

“The lives of these Americans are at risk,” Kaine and Coons wrote. “The United States needs to send a strong signal to Iran that it must stop taking Americans hostage. We urge you to use all leverage possible to intervene on their behalf.”

The senators wrote the letter a week after the administration issued a new round of sanctions against 16 individuals and 15 entities in Iran they determined are involved in trying to reconstitute past nuclear-weapons work.

Earlier this month, several members of Congress who support the Trump’s “maximum pressure” campaign against Iran were angered over an administration decision to grant Iraq a major reprieve on Iran sanctions by allowing Baghdad to continue buying electricity from Tehran through a 90-day waiver.

Several Capitol Hill lawmakers and advocates for the Americans imprisoned in Iran want the administration to condition any and all Iran sanctions waivers, especially those involving oil sales, on the prisoners’ release.

The letter from Kaine and Coons is the first tangible sign of a bipartisan push on Capitol Hill for more concrete steps to try to secure the Americans’ release.

There are at least six Americans imprisoned or missing in Iran, including Michael White, a veteran of the U.S. Navy who was in Iran visiting his girlfriend on a valid tourist visa. White went missing in July.

At least three hostages were taken during the Obama administration while Washington and Tehran, along with several U.S. allies, finalized the nuclear deal in late 2015 and early 2016. In January of 2016, four other U.S. hostages were released from Iran at the same time as the Obama administration made a controversial $400 million cash payment to the regime, leading some Republicans to deem the payment ransom and argue that it encouraged more hostage-taking.  

The three Americans who were imprisoned in late 2015 were left behind. President Trump pulled out of the nuclear deal last May, severing nearly all diplomatic contact between Washington and Tehran.

Before the Kaine-Coons letter, Republican hardliners on Iran such as Sen. Ted Cruz were far more vocal in support of measures to punish Tehran for imprisoning Americans. Last year, the House passed a bill, the Iran Human Rights and Hostage-Taking Accountability Act, that would impose sanctions on Iranian officials responsible for the detention of Americans and other foreign nationals. Cruz sponsored similar legislation that would revoke U.S. visas to family members of Iranian officials who detain Americans.

The Kaine-Coons letter was sent just days before a major Trump administration event aimed at responding to concerns raised by families of Americans imprisoned in Iran and elsewhere about the lack of progress on their loved ones' cases. The families are frustrated by the impasse as they’ve watched the president hail the safe return of several Americans held in North Korea, Turkey and Yemen.

On Tuesday Vice President Mike Pence hosted an emotional gathering at the White House with families of Americans detained in Venezuela, and Secretary of State Mike Pompeo sat down with relatives of U.S. citizens and permanent legal residents held in Iran, Venezuela and other countries to try to reassure them the administration is doing all it can to free their loves ones.

The Pompeo meeting came three weeks after relatives of four Americans held in Iran pleaded for a sit-down meeting with President Trump during a House hearing marking the 12th anniversary of the disappearance of former FBI agent Robert Levinson. Levinson was last seen on Iran’s Kish Island in 2007 and is the longest-held hostage in American history.

After privately speaking with the families, Pompeo publicly addressed a larger gathering, which included congressmen, senators, ambassadors and other officials gathered at the State Department.

Pompeo thanked the families for attending and spoke about their deeply personal struggles to win their loved ones’ release. He said he regretted that the gathering had taken so long to organize and made a “personal commitment” to work every day to “deliver every wrongfully detained American home.”

He also underscored how committed President Trump and his administration are to the mission of securing the release of Americans wrongfully imprisoned abroad. Pompeo said he has witnessed Trump’s personal interest in hostage cases during his time as director of the CIA, and now as secretary of state.

“The president asks every week for an update,” Pompeo told the families in public remarks. “He wants to know the status; he wants to know what we’re doing and why we haven’t been more successful. He is personally invested in the safe return of each and every one of them.”

Robert O’Brien, the State Department’s special presidential envoy for hostage affairs, said he and his team asked the families to come to Washington for the meeting so they could “know and feel the deep commitment we have to bringing [their loves ones] home.”

“For those of you here today who’ve lost loved ones at the hands of evil men, evil terrorist organizations, and evil regimes, we asked you here because we want to know that your loss will never be forgotten,” he said. “We want you to know that you have a community here at the State Department; we support you and we love you.”

O’Brien said he and his team along with the Hostage Recovery Fusion Cell, created during the Obama administration and headquartered at the FBI, are solely devoted to bringing “our fellow-citizens home.”

Pompeo said the mission of freeing Americans held hostage by U.S. enemies is a deeply personal one to him. He then referenced the biblical story about the Apostle Peter’s being freed by an angel the night before his likely execution at the hands of King Herod’s regime.

“Those of you who know this verse know it’s an incredible moment,” Pompeo said. “Peter was rescued the night before he was to face judgement and likely execution. But his hope and faith allowed him to walk free.”

He said he understands that rescued hostages “feel Like Peter must have felt, like they’ve received an act of God.” But he also acknowledged that there are too many Americans held abroad that have not been saved as Peter was.

“Sometimes, our efforts fail, or they don’t produce the results as quickly as they deserve,” Pompeo said. He then cited the tragic deaths of several hostages held by ISIS and other U.S. enemies, including Jim Foley, Kayla Mueller, Steven Sotloff, Peter Kassig and Otto Warmbier.

“Their families were all with us today,” he said. “I want to personally thank them for being here.”

Earlier Tuesday, Pence met with family members of six Citgo executives detained by the Maduro government in Venezuela. Authorities in Caracas arrested the executives, five of whom are American citizens, during corporate meetings in the capital in November 2017.

Threatening additional sanctions against Maduro and his associates, Pence reiterated the administration’s deep concern for the welfare and safety of all detained American citizens abroad and called on the embattled Venezuelan leader to release an estimated 280 known political prisoners.

The vice president promised the family members that “we are with you — we are going to stand with you until your loved ones are free, until Venezuela is free.”

He read the names of the detained executives and said the Maduro government is blocking any communication between them and their family members, citing 16 cancelled meetings.

Veronica Fadell Weggemaan, the daughter of a detained Citgo executive,  said the meeting with Pence is giving her family new hope for her father’s safe return, although in recent days they have grown increasingly worried about their father’s health and safety. There has been no contact for four weeks since the electrical blackouts in the country began, she said.

Carlos Anez said his father worked for Citgo for 21 years and is now imprisoned in the basement of a counterintelligence military facility “with very little air circulation now [and] with no light and absolutely no medical care.”

“We just want them home as soon as possible,” Anez said, expressing confidence in the administration’s track record in freeing other Americans imprisoned overseas.

Susan Crabtree is a veteran Washington reporter who has spent two decades covering the White House and Congress.

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FILE PHOTO: File photo of a Chevron gas station sign in Del Mar, California
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, in this April 25, 2013 file photo. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – U.S. oil and natural gas producer Chevron Corp reported a 27 percent fall in quarterly earnings on Friday, hit by lower crude prices and weaker margins in its refining and chemicals businesses.

Net income attributable to the company fell to $2.65 billion, or $1.39 per share, for the first quarter ended March 31, from $3.64 billion, or $1.90 per share, a year earlier.

Earlier in the day, larger rival Exxon Mobil Corp reported earnings well below analysts’ estimates, as margins in its refining business were hurt by higher Canadian prices and heavy scheduled maintenance.

(Reporting by Arathy S Nair in Bengaluru; Editing by Saumyadeb Chakrabarty)

Source: OANN

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FILE PHOTO: Ford logo is seen at the North American International Auto Show in Detroit, Michigan
FILE PHOTO: The Ford logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo

April 26, 2019

(Reuters) – Ford Motor Co said on Friday the U.S. Department of Justice had opened a criminal investigation into the automaker’s emissions certification process in the United States.

The potential concern does not involve the use of defeat devices, the company said in a regulatory filing. (https://bit.ly/2VqjHpl)

Ford had voluntarily disclosed the matter to the U.S. Environmental Protection Agency and the California Air Resources Board in February.

(Reporting by Ankit Ajmera in Bengaluru; Editing by James Emmanuel)

Source: OANN

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Hundreds of Cuban migrants are reported to be on the run Friday in Mexico after a crowd of more than 1,000 burst out of a troubled immigration detention center on its southern border.

Mexico’s National Immigration Institute said the mass escape Thursday in Tapachula – which the Associated Press called the largest in recent memory — involved around 1,300 Cuban migrants, although 700 of them have since returned voluntarily.

The migrants reportedly streamed out of the compound without any resistance, as the institute said its agents weren’t armed and “there was no confrontation.”

Federal police with riot shields later rushed in to control the situation, as a crowd of angry Cubans whose relatives were being held at the facility gathered outside. The Cubans claimed their relatives reported overcrowding and unsanitary conditions at the facility.

A Federal Police officer stands guard outside an immigration detention center in Tapachula, Chiapas state, Mexico, late Thursday, following a breakout.

A Federal Police officer stands guard outside an immigration detention center in Tapachula, Chiapas state, Mexico, late Thursday, following a breakout. (AP)

BORDER PATROL UNION CHIEF BLASTS CONGRESS OVER MIGRANT CARAVANS: ‘WHAT ARE YOU DOING ABOUT IT’?

“My wife and child have been in there for 27 days in bad conditions,” said Usmoni Velazquez Vallejo, as he waited outside for news. “There is overcrowding, insufficient food and there isn’t even medicine for them.”

Another Cuban detainee told the AFP: “We have many there… we are very tight, we sleep on the floor.”

It’s the third time since October that migrants at the facility staged an uprising, according to the news agency.

The center’s holding capacity is officially listed at less than 1,000 people, but the escape of 1,300 meant it was probably at least at double its capacity, since not everyone being held there escaped. Residents in the area said that sometimes the facility has held as many as 3,000 people, and a Mexican newspaper cited by Reuters said Haitians and Central Americans also are among the large group who still have not been tracked down.

Migrants wait for their transfer from an immigration detention center in Tapachula, Chiapas state, Mexico, on Thursday.

Migrants wait for their transfer from an immigration detention center in Tapachula, Chiapas state, Mexico, on Thursday. (AP)

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Earlier in the day, Mexico’s top human rights official toured the facility.

Elsewhere in the country, a new caravan estimated to contain up to 10,000 migrants is making its way to the U.S.-Mexico border.

The Associated Press contributed to this report.

Source: Fox News World

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Logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes

April 26, 2019

(Reuters) – Exxon Mobil Corp on Friday reported first-quarter profit fell sharply on lower oil and gas prices and weakness in its refining and chemicals businesses that offset modest production gains.

The largest U.S. oil producer’s first quarter earnings fell to $2.35 billion, or 55 cents a share, from $4.65 billion, or $1.09 a share, a year ago.

Analysts had expected Exxon to earn 70 cents per share, according to Refinitiv Eikon estimates.

Shares were trading down about 2.7 percent in premarket trading on Friday.

Exxon’s oil equivalent production rose 2 percent to 4 million barrels per day, up from 3.9 million bpd in the same period the year prior. The company said its output in the Permian Basin, the largest U.S. shale basin, rose 140 percent over a year ago.

(Reporting by Jennifer Hiller; Editing by Chizu Nomiyama)

Source: OANN

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The Washington Post’s media critic went into meltdown after White House Press Secretary Sarah Sanders held a mock press briefing for the children of White House journalists and employees on Take Your Daughters and Sons to Work Day.

Erik Wemple, the newspaper’s chief media critic, slammed Sanders and the White House for organizing a fun day on Thursday for junior would-be journalists, while not holding an actual press conference for the record number of days.

WHITE HOUSE STAFF TO SKIP CORRESPONDENTS’ DINNER AFTER LAST YEAR’S CONTROVERSY

Wemple wrote that Sanders gave to children an important lesson of “the centrality of nonaccountability mechanisms in the affairs of state” after she announced that the mock press briefing was “off the record.”

“When the children head home tonight, perhaps they can pull up archival footage to see how their questions stack up against ye olde press briefings,” he added.

“Accordingly, Sanders was doing more than just providing a fun interlude for the kids; she was headlining a reenactment, anchoring a bona fide historical site.”

— Erik Wemple

“Tuesday, after all, marked a record for number of days without a White House press briefing. Accordingly, Sanders was doing more than just providing a fun interlude for the kids; she was headlining a reenactment, anchoring a bona fide historical site.”

While some correspondents praised the White House for doing “a lot of work to welcome the children and provide “them an excellent experience,” other journalists echoed Wemple’s criticism and pointed out that Sanders hasn’t held a press briefing in over 40 days.

“Kids of WH Press Corps members are getting ready for a briefing with  @PressSec. Their parents have not had one in 45 days,” tweeted CBS News’ White House Correspondent Weijia Jiang.

REPORTER SHOUTS AT SARAH SANDERS AFTER BRIEFING: ‘DO YOUR JOB, SARAH!’

“The irony of it is that they’re pretending that the White House press briefing is a thing, and they’re pretending that this is how the White House operates, but this is not at all how the White House operates … It’s a relic of an earlier time,” another correspondent quoted by the Post said.

“The irony of it is that they’re pretending that the White House press briefing is a thing, and they’re pretending that this is how the White House operates, but this is not at all how the White House operates … It’s a relic of an earlier time.”

— a White HOuse Correspondent

The Post struck a different tune in a column earlier this year, which declared that despite the administration’s criticism of the media, President Trump was “extremely accessible.”

Wemple quoted Martha Joynt Kumar, director of the White House Transition Project, who said that Trump held 338 “short question-and-answer” sessions over his time in office, significantly more than 75 such sessions by former President Barack Obama during his first full two years in office.

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In terms of total instances of access to the media, which include interviews, short sessions, and news conferences, Trump was accessible least 577 times in his first two years in office.

Source: Fox News Politics

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