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Publicis pays $4.4 billion for Epsilon to extend digital reach

FILE PHOTO: Arthur Sadoun, Chairman and CEO of Publicis Groupe, attends a conference at the Cannes Lions International Festival of Creativity, in Cannes
FILE PHOTO: Arthur Sadoun, Chairman and CEO of Publicis Groupe, attends a conference at the Cannes Lions International Festival of Creativity, in Cannes, France, June 19, 2018. REUTERS/Eric Gaillard/File Photo

April 14, 2019

By Laurence Frost and Gwénaëlle Barzic

PARIS (Reuters) – Publicis will pay $4.4 billion to acquire Alliance Data’s Epsilon marketing unit, the French advertising group said on Sunday, expanding its digital business and North American footprint.

The deal, announced two weeks after Publicis confirmed it was in talks with Alliance Data, bolsters efforts by the world’s third-ranked advertiser to adapt to a fast-changing market increasingly driven by online client data.

“The addition of Epsilon will propel Publicis as a leader of data-driven personalized experiences at scale,” the Paris-based company said in a statement outlining its biggest ever acquisition – which tops the 3.7 billion euros ($4.18 billion) paid for tech consulting firm Sapient in 2014.

Publicis and other traditional advertisers have lost ground in a marketplace increasingly dominated by Facebook, Alphabet’s Google and digital marketing specialists that track and target individual clients via their smartphones, while navigating tougher data-protection laws.

The French group’s shares sagged after a fourth-quarter earnings miss and have fallen 15 percent in total over the past 12 months.

The Epsilon purchase is “a very significant investment for a company of our size”, Chief Executive Arthur Sadoun said. “But we’re convinced it’s the right move … in a world where data is at the heart of all decisions and the mobile phone has become our main interface.”

Epsilon, which brings a data trove on some 160 million individual clients, generated revenue of $1.9 billion last year, almost entirely in the United States.

The $4.4 billion cash price amounts to $3.95 billion excluding tax, or 8.2 times Epsilon’s 2018 earnings before interest, tax, depreciation and amortization (EBITDA), Publicis said.

The French company said it would cancel a previously announced share buyback and finance the Epsilon deal with debt, adding that the acquisition would boost earnings and cash flow by at least 10 percent, starting next year.

January-March revenue came in at 2.12 billion euros, Publicis said, releasing quarterly sales ahead of the April 17 scheduled disclosure date. The sales were down 1.6 percent on a like-for-like basis but up 1.7 percent as reported.

The company said the decline in ad spending should ease in the second half, reiterating 2019 guidance including higher sales growth and profitability, and a 5-10 percent increase in recurring earnings per share excluding currency effects.

(Reporting by Laurence Frost and Gwenaelle Barzic; Additional reporting by Gilles Guillaume; Editing by Susan Fenton)

Source: OANN

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More Indonesians join cases against Boeing after CEO apology

More families of victims of the Lion Air crash in Indonesia are suing Boeing Co. after its chief executive apologized last week and said a software update for the MAX 8 jet would prevent further disasters.

Family members and lawyers said Monday that CEO Dennis Muilenburg's comment related to an automated flight system in a video statement last week was an admission that helps their cases.

The anti-stall system is suspected as a cause of the Lion Air crash in December and an Ethiopian Airlines crash in March, which together killed 346 people.

Families of 11 Lion Air victims said at a news conference they are joining dozens of other families in filing lawsuits against Boeing.

Source: Fox News World

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Amnesty urges UAE to release activist on hunger strike

FILE PHOTO - Ahmed Mansoor, one of the five political activists pardoned by the United Arab Emirates, speaks to Reuters in Dubai
FILE PHOTO - Ahmed Mansoor, one of the five political activists pardoned by the United Arab Emirates, speaks to Reuters in Dubai November 30, 2011. REUTERS/Nikhil Monteiro

April 10, 2019

DUBAI (Reuters) – Amnesty International called on Wednesday on the United Arab Emirates to release a local activist who has been on hunger strike for more than three weeks, citing concern over his health and prison conditions.

Emirati campaigner Ahmed Mansoor was sentenced to 10 years in 2018 for criticizing the government on social media in a case that has drawn criticism from the United Nations and international rights groups.

“We are greatly concerned that his lengthy hunger strike would result in the deterioration of his health,” Amnesty International said in a statement.

The rights group said Mansoor was being held in solitary confinement. It urged the UAE authorities to ensure his detention conditions comply with international standards and that he be granted regular access to his family and medical care.

The UAE government media office did not immediately respond when asked to comment.

Mansoor, an electrical engineer and poet, was among five activists convicted of insulting the UAE’s rulers in 2011. They were pardoned the same year.

He was arrested again in March 2017 on charges of publishing false information and rumors, promoting a “sectarian and hate-incited” agenda, and using social media to harm “national unity and social harmony” and damage the country’s reputation.

He was one of a tiny number of publicly active rights campaigners in the UAE, a trade and tourism hub that tolerates little public criticism.

In 2015 Mansoor received the Martin Ennals Award for Human Rights Defenders, an annual prize awarded in Geneva by a panel of international human rights organizations, for his work documenting the human rights situation in the U.S.-allied Gulf Arab state.

(Reporting by Sylvia Westall; Editing by Frances Kerry)

Source: OANN

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Tennis player Djokovic, gymnast Biles win top Laureus awards

Simone Biles competes on the floor exercise at the U.S. Gymnastics Championships in Boston
FILE PHOTO: Simone Biles competes on the floor exercise at the U.S. Gymnastics Championships in Boston, Massachusetts, U.S., August 19, 2018. REUTERS/Brian Snyder

February 18, 2019

MONACO (Reuters) – World number one tennis player Novak Djokovic crowned a winning return to the courts after surgery with the Laureus sportsman of the year award on Monday, while American gymnast Simone Biles won the sportswoman of the year prize.

Serbian Djokovic, who 12 months ago had elbow surgery, won Wimbledon and the U.S. Open in 2018, before lifting this year’s Australian Open crown, to add to his tally of Grand Slam singles titles and reclaim top spot in the rankings.

With his record seventh crown at Melbourne Park, Djokovic moved ahead of Pete Sampras into third on the men’s all-time list of Grand Slam title winners (15), just two behind Rafa Nadal. Roger Federer is still out in front with 20.

“I did think about leaving tennis,” Djokovic said on Monday. “I did not find myself in a good balance. It took me several months to find that purpose and meaning again. This award reflects and symbolizes this journey.

“Reflecting on the journey it seems like a fairytale story.”

Multiple Olympic champion Biles in November became the all-time leading world gymnastics championship gold medal winner with a record 14 golds.

With 20 overall medals at the worlds, Biles, who has also won four Olympic golds, tied Russia’s Svetlana Khorkina for the most by a female gymnast in world championships competition. Her all-around world title was her fourth, also a record.

The comeback of the year award was handed to U.S. golfer Tiger Woods, who silenced even his harshest critics when he earned what some consider to be one of the greatest victories of his career at last year’s Tour Championship season finale.

Woods, who collected the last of his 14 majors at the 2008 U.S. Open, has had plenty of health-related setbacks, having to endure several knee and back surgeries, and his career seemed to be nearing its end in 2017.

Japan’s world number one women’s tennis player Naomi Osaka, who lifted her first Grand Slam title at the U.S. Open last year, and went on to claim the 2019 Australian Open, won the breakthrough of the year award.

(Reporting by Karolos Grohmann; Editing by Ken Ferris)

Source: OANN

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French court finds Bayer’s Monsanto liable for farmer’s sickness

FILE PHOTO: Monsanto logo is displayed on a screen where the stock is traded on the floor of the NYSE
FILE PHOTO: Monsanto logo is displayed on a screen where the stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. on May 9, 2016. REUTERS/Brendan McDermid/File Photo

April 11, 2019

By Gus Trompiz and Catherine Lagrange

PARIS/LYON (Reuters) – A French appeals court ruled on Thursday that Bayer’s Monsanto business was liable for the health problems of a farmer who had inhaled a weedkiller product.

The ruling in favor of farmer Paul Francois was announced in a statement by a plaintiffs group. A Bayer spokeswoman in France also confirmed the ruling.

“We take note of the decision in favor of Mr Francois and are studying the full ruling,” the spokeswoman said.

Francois, who says he suffered neurological problems after accidentally inhaling the Lasso weedkiller in 2004, accused Monsanto of not providing adequate safety warnings.

In a decade-long legal battle, Francois won rulings against Monsanto in 2012 and 2015, before France’s top court overturned those decisions and ordered a new hearing.

The latest ruling on Thursday, however, did not determine compensation for the farmer.

The appeals court referred the matter to another court in the southeastern city of Lyon, the “Phyto-victimes” plantiffs group said. The group represents workers who claim health problems due to exposure to pesticides.

The ruling in the French case comes as Monsanto faces lawsuits in the United States over alleged cancer links to its glyphosate-based weedkillers.

Lasso was banned in France in 2007 after the product had already been withdrawn in some other countries.

It used a different active substance to glyphosate, the chemical contained in Monsanto’s best-selling weedkiller Roundup and the target of lawsuits in the United States.

The legal troubles surrounding glyphosate have contributed to Bayer losing about 30 billion euros from its market value since last August. The German group’s chief executive said on Thursday it was “massively affected” by the litigation.

(Additional reporting by Sybille de La Hamaide; Editing by Sudip Kar-Gupta and Jane Merriman)

Source: OANN

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Trump Is Vindicated, Collusion Witch Hunt Is Over

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Attorney General William Barr’s letter to Congress shows that the Russia collusion investigation is exactly what President Trump always said it was -- a witch hunt.

“In addition to this notification, the Special Counsel regulations require that I provide you with ‘a description and explanation of instances (if any) in which the Attorney General’ or acting Attorney General ‘concluded that a proposed action by a Special Counsel was so inappropriate or unwarranted under established Departmental practices that it should not be pursued.’ 28 C.F.R. 600.9(a)(3). There were no such instances during the Special Counsel's investigation.” Barr wrote in his one page letter to the House and Senate Judiciary Committees.

In other words, for a man Democrats said was hellbent on obstructing justice and preventing the Special Counsel from completing his investigation, President Trump did a lousy job.

CNN political analyst Gloria Borger admitted that the president is “vindicated” by the conclusion of Mueller’s probe.

Even one top Democrat in the Senate is now urging restraint. Sen. Chris Coons on Saturday said that House Democrats must use their oversight power in a "focused and responsible way" as they go forward with investigations involving President Trump, cautioning his colleagues to make sure they don’t "overdo it."

“We have to be careful to use the resources and the abilities of the House majority in a focused and a responsible way,” Coons said on CNN. “We need to focus on things that are relevant and matter to the average American.”

House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer are obsessing over the contents of the Mueller Report, but they’re overlooking the significance of what’s not in it.

Not one of the Democrats’ high-value targets — Donald Trump Jr., Jared Kushner, or any other Trump family members — were indicted by Mueller, and the Department of Justice has already said there will be no more indictments forthcoming.

Of course, Mueller didn’t subpoena the president, either, crushing the hopes of the mainstream media journalists and pundits who had been confidently expecting that very outcome from the start of Mueller’s probe. If President Trump really was an agent of Russia, as they fervently believe he is, then surely Mueller would have taken the added step of at least interviewing him before ending the investigation.

Among those who were indicted in the Mueller investigation, moreover, not one was charged with conspiring with Russia to fix the 2016 election -- the entire purpose of assigning a special counsel.

Here we are, two years and $30-plus million in taxpayer funds later, and nothing to show for it, except some completely discredited media commentators and partisan members of Congress who breathlessly all but guaranteed there would be evidence of the president and members of his family and staff colluding with the Russians.  I won’t hold my breath for their admissions and apologies.

Lives have been ruined and America’s image on the world stage has been tarnished because rogue government agents and hyper-partisan Democrats thought they could overturn the results of an election they lost fair and square.

With the Mueller witch hunt behind him, perhaps now the President Trump can finally focus his full attention on the job that the American people elected him to do: making America great again.

Michael D. Huckabee, former Governor of Arkansas, is a candidate for the Republican presidential nomination.

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Marine killed, 2 others injured in Camp Pendleton tactical vehicle accident

A Marine was killed and two others were injured in a tactical vehicle accident at Camp Pendleton in California during the weekend, officials said.

The Marine Corps announced Monday the serviceman was one of three members of the elite Marine Raiders unit involved in the accident during a unit training exercise.

The Marine Raider suffered critical injuries and was medically evacuated to a hospital, but died Sunday night.

MARINE ACCUSED OF SHOOTING, KILLING ANOTHER MARINE IN SOUTH CAROLINA

"Our thoughts are with his family and teammates," Marine Corps Forces Special Operations Command said on Twitter.

A Marine was killed and two others were injured in a tactical vehicle accident over the weekend at Camp Pendleton in California.

A Marine was killed and two others were injured in a tactical vehicle accident over the weekend at Camp Pendleton in California. (U.S. Marine Corps photo by Lance Cpl. Nathaniel Q. Hamilton)

The Marine’s identity is being withheld pending notification of next of kin, according to base officials. The two other Marine Raiders received minor injuries.

CAMP PENDLETON MARINE MISSING IN CALIFORNIA MOUNTAINS LIKELY DIED, MARINE CORPS SAYS

An investigation into the deadly incident is underway.

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The death was the second tragedy at Camp Pendleton in less than a week.

Last week, the Marine Corps announced a missing Marine from Camp Pendleton, who failed to return from a ski trip through California’s rugged Sierra Nevada, likely died of exposure from severe winter weather.

Source: Fox News National

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Sri Lanka's former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake
Sri Lanka’s former defense secretary Gotabaya Rajapaksa greets his supporters after his return from the United States, in Katunayake, Sri Lanka April 12, 2019. REUTERS/Dinuka Liyanawatte

April 26, 2019

By Sanjeev Miglani and Shihar Aneez

COLOMBO (Reuters) – Sri Lanka’s former wartime defense chief, Gotabaya Rajapaksa, said on Friday he would run for president in elections this year and would stop the spread of Islamist extremism by rebuilding the intelligence service and surveilling citizens.

Gotabaya, as he is popularly known, is the younger brother of former President Mahinda Rajapaksa and the two led the country to a crushing defeat of separatist Tamil rebels a decade ago after a 26-year civil war.

More than 250 people were killed in bomb attacks on hotels and churches on Easter Sunday that the government has blamed on Islamist militants and that Islamic State has claimed responsibility for.

Gotabaya said the attacks could have been prevented if the island’s current government had not dismantled the intelligence network and extensive surveillance capabilities that he built up during the war and later on.

“Because the government was not prepared, that’s why you see a panic situation,” he said in an interview with Reuters.

Gotabaya said he would be a candidate “100 percent”, firming up months of speculation that he plans to run in the elections, which are due by December.

He was critical of the government’s response to the bombings. Since the attacks, the government has struggled to provide clear information about how they were staged, who was behind them and how serious the threat is from Islamic State to the country.

“Various people are blaming various people, not giving exactly the details as to what happened, even people expect the names, what organization did this, and how they came up to this level, that explanation was not given,” he said.

On Friday, President Maithripala Sirisena said the government led by premier Ranil Wickremesinghe should take responsibility for the attacks and that prior information warning of attacks was not shared with him.

Wickremesinghe said earlier he was not advised about warnings that came from India’s spy service either, presenting a picture of a government still in disarray since the two leaders fell out last October.

Gotabaya is facing lawsuits in the United States, where he is a dual citizen, over his role in the war and afterwards.

The South Africa-based International Truth and Justice Project, in partnership with U.S. law firm Hausfeld, filed a civil case in California this month against Gotabaya on behalf of a Tamil torture survivor.

In a separate case, Ahimsa Wickrematunga, the daughter of murdered investigative editor Lasantha Wickrematunga, filed a complaint for damages in the same U.S. District Court in California for allegedly instigating and authorizing the extrajudicial killing of her father.

Gotabaya said the cases were baseless and only a “little distraction” as he prepared for the election campaign. He said he had asked U.S. authorities to renounce his citizenship and that process was nearly done, clearing the way for his candidature.

‘DISMANTLE THE NETWORKS’

He said that if he won, his immediate focus would to be tackle the threat from radical Islam and to rebuild the security set-up.

“It’s a serious problem, you have to go deep into the groups, dismantle the networks,” he said, adding he would give the military a mandate to collect intelligence from the ground and to mount surveillance of groups turning to extremism.

Gotabaya said that a military intelligence cell he had set up in 2011 of 5,000 people, some of them with Arabic language skills and that was tracking the bent towards extremist ideology some of the Islamist groups were taking in eastern Sri Lanka was disbanded by the current government.

“They did not give priority to national security, there was a mix-up. They were talking about ethnic reconciliation, then they were talking about human rights issues, they were talking about individual freedoms,” he said.

President Sirisena’s government sought to forge reconciliation with minority Tamils and close the wounds of the war and launched investigations into allegations of rights abuse and torture against military officers.

Officials said many of these secret intelligence cells were disbanded because they faced allegations of abuse, including torture and extra judicial killings.

Muslims make up nearly 10 percent of Sri Lanka’s population of 22 million, which is predominantly Buddhist.

(Reporting by Sanjeev Miglani; Editing by Frances Kerry)

Source: OANN

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FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid

April 26, 2019

NEW YORK (Reuters) – The Federal Reserve may lower the interest it pays on excess reserves banks leave with it by 5 basis points at its April 30-May 1 policy meeting in a bid to prevent the federal funds rate from drifting higher, Morgan Stanley analysts said on Friday.

This would mark the third such “technical” adjustment on the interest on excess reserves (IOER) following cuts last June and December.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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In response to the news that the U.S. economy rose 3.2 percent in the first quarter of 2019, White House National Economic Council Director Larry Kudlow said that this “prosperity cycle” will continue if President Trump‘s policies stay in place.

Calling the advance in gross domestic product a “blow-out number,” Kudlow told “America’s Newsroom” Friday that it serves as concrete proof Trump’s measures to grow the economy have been successful.

“I’ll just say, Trump’s policies to rebuild the economy, lower taxes, regulations, opening energy, trade reform. Look, this stuff is working,” he said.

“It tells me, among other things, that the prosperity cycle we have entered into is continuing, it is strong. It has legs and momentum and frankly it is going to go on for quite some time,” he continued. “This is the new Trump economy. Some people don’t like that or they don’t agree with that. I respect the differences but I’ll tell you it’s working.”

STUART VARNEY: THANKS TO TRUMP, AMERICANS ARE FEELING BETTER ABOUT THEIR FINANCES

39 MILLION ADULTS CANNOT AFFORD A SUMMER VACATION

Kudlow added that Trump has “ended the war” on business and success, and is rallying for the small business owners of America.

“The president is rebuilding incentives, he is rebuilding confidence, he the rebuilding optimism,” he said. “He is basically saying you should keep more of what you earn. He is basically saying to small businesses we’ll cut the paperwork back and make it easier for you to start a business and prosper.”

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Kudlow said the Trump administration is also working with House Speaker Nancy Pelosi and other Democratic leaders to implement bipartisan deals to ensure the continuation of the GDP’s success.

“If the policies and the principles remain in place — and I believe they will — then I believe this new prosperity expansion cycle is going to go on for a whole bunch of more years,” he said.

Source: Fox News Politics

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Tennis - Australian Open - Women's Singles Final
FILE PHOTO: Tennis – Australian Open – Women’s Singles Final – Melbourne Park, Melbourne, Australia, January 26, 2019. Japan’s Naomi Osaka attends a news conference after winning her match against Czech Republic’s Petra Kvitova. REUTERS/Adnan Abidi

April 26, 2019

(Reuters) – World number one Naomi Osaka came from behind in the final set to beat Croatian Donna Vekic 6-3 4-6 7-6(4) on Friday and move into the Porsche Tennis Grand Prix semi-finals.

Osaka comfortably won the opening set but was tested by the Croatian, who pushed her to the limit in the second and third. The Japanese made 45 unforced errors as she struggles to get to grips with swapping hard courts for clay.

Osaka was visibly frustrated and trailed 5-1 in the final set but she refused to give up and found her rhythm to break Vekic twice and prevent her from serving for the match.

In the tiebreaker, a confident Osaka upped her baseline game and had two early mini breaks before wrapping up the match in two hours and 18 minutes. An infuriated Vekic even smashed her racket after losing the match.

“I told myself I didn’t want to have any regrets here,” Osaka said. “I was stressed out when I went down 1-5… but this (comeback) was pretty good because I don’t play really well on clay.”

Earlier, world number three Petra Kvitova came back from a set down to beat Anastasija Sevastova 2-6 6-2 6-3 and move into the tournament’s semi-finals for the third time in her career.

Sevastova had a dream start, breaking Kvitova twice to take a 3-0 lead as the Czech struggled with her first serve. Kvitova also made a slew of unforced errors, with many of her returns going long.

Sevastova used the full width of the court to get the better of Kvitova, who played on the back foot for much of the first set as the Latvian gave her little time to catch her breath.

However, Kvitova recovered in the second set and she broke Sevastova’s serve when she was 3-2 up, winning 10 straight points to take a 5-2 lead. Sevastova looked shaken and was broken again to give Kvitova the second set.

Kvitova took command in the final set and broke a visibly upset Sevastova to take a 3-1 lead before easing into the semis.

“In the first set I missed almost everything. I was pretty slow and she just couldn’t miss,” Kvitova said. “In the second set it was very important for me to stay on my serve and the chance to break her came.”

Kiki Bertens plays Angelique Kerber later on Friday and Victoria Azarenka faces Anett Kontaveit in the last quarter-final.

(Reporting by Rohith Nair in Bengaluru, editing by Ed Osmond)

Source: OANN

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President Donald Trump says he feels “young” and “vibrant” at age 72 and thinks he can beat 76-year-old Joe Biden “easily.”

A reporter asked Trump at the White House on Friday how old is too old to be president of the United States.

Trump said: “I just feel like a young man. I’m so young. I can’t believe it. … I’m a young vibrant man.”

Then he smiled and said he’s not sure about Democratic presidential contender Biden, the second-oldest contender in the race behind Bernie Sanders.

Trump said: “I look at Joe. I don’t know about him.”

Biden, in an interview on ABC’s “The View,” joked in response that if Trump “looks young and vibrant compared to me, I should probably go home.”

Source: NewsMax Politics

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