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CSX quarterly profit tops view on price increases, cost cuts

File photo of a CSX freight train blasting through high snow at a crossing in Silver Spring
A CSX freight train blasts through high snow at a crossing in Silver Spring, Maryland, in a February 13, 2014 file photo. REUTERS/Gary Cameron/Files/File Photo

April 16, 2019

LOS ANGELES (Reuters) – CSX Corp on Tuesday reported quarterly profit that topped Wall Street’s expectations, after the No. 3 U.S. railroad operator contained costs and pushed through price increases.

First-quarter net profit was $834 million, or $1.02 per share, up from $695 million, or 78 cents per share, a year earlier.

CSX’s operating ratio, a measure of operating expenses as a percentage of revenue and a closely watched gauge of railroad performance, was 59.5 percent versus 63.7 percent in the year-ago quarter. Railroads boost profit by lowering their operating ratio.

(Reporting by Lisa Baertlein in Los Angeles; Editing by Dan Grebler)

Source: OANN

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Thousands flee wildfire in South Korea’s eastern coast, one dead: Yonhap

Flames are seen during a wildfire in Donghae
Flames are seen during a wildfire in Donghae, South Korea, April 5, 2019. Yonhap via REUTERS

April 5, 2019

SEOUL (Reuters) – A wildfire in South Korea killed one person and forced more than 4,000 people to flee their homes, Yonhap news agency reported on Friday.

The fire broke out in eastern Gangwon Province on Thursday evening and spread to the seaside holiday city of Sokcho, burning about 385 hectares (950 acres) of land and 310 homes, warehouses and other buildings, Yonhap reported citing the government.

About 4,230 citizens had been evacuated to gymnasiums and schools, and 52 schools would be closed on Friday.

President Moon Jae-in has ordered the use of all available resources to extinguish the forest fire, the Ministry of the Interior and Safety said in a statement.

The government has deployed about 45 helicopters, 77 firefighting vehicles and 13,000 personnel from around the country to contain the fire, Yonhap said.

(Reporting by Joyce Lee; Editing by Stephen Coates)

Source: OANN

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Giants re-sign WR Shepard to one-year contract

FILE PHOTO: NFL: Chicago Bears at New York Giants
FILE PHOTO: Dec 2, 2018; East Rutherford, NJ, USA; New York Giants wide receiver Russell Shepard (81) catches a touchdown pass from New York Giants wide receiver Odell Beckham Jr. (not pictured) in the third quarter against the Chicago Bears at MetLife Stadium. Mandatory Credit: Robert Deutsch-USA TODAY Sports

April 10, 2019

The New York Giants have re-signed wide receiver Russell Shepard to a one-year deal, according to multiple reports.

The 28-year-old wideout confirmed the news on social media.

“EXTREMELY happy to be back with the GANG!!!!” Shepard posted Wednesday on Instagram, along with the hashtag #BigBLUE.

Shepard appeared in 12 games in his first season with the Giants in 2018, playing primarily on special teams and catching 10 passes for 188 yards and two touchdowns.

Undrafted out of LSU, he spent four seasons with the Tampa Bay Buccaneers (2013-16) and one with the Carolina Panthers (2017). He has 57 catches for 822 yards and six scores in 84 career games.

Shepard could be in line for a bigger role in the New York offense in 2019 following the offseason trade of Odell Beckham Jr. to the Cleveland Browns.

Terms were not disclosed. Shepard earned a base salary of $1.25 million with incentives up to $700,000 last season, per Spotrac.com.

–Field Level Media

Source: OANN

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NFL notebook: Browns trade Ogbah to Chiefs

NFL: Cincinnati Bengals at Cleveland Browns
FILE PHOTO - Oct 1, 2017; Cleveland, OH, USA; Cleveland Browns defensive end Emmanuel Ogbah (90) celebrates a fumble recovery during the first quarter against the Cincinnati Bengals at FirstEnergy Stadium. Mandatory Credit: Ken Blaze-USA TODAY Sports

April 2, 2019

The Cleveland Browns traded defensive end Emmanuel Ogbah to the Kansas Chiefs on Monday. The Chiefs announced the trade and said they would send safety Eric Murray in return.

Ogbah, selected by the Browns in the second round (32nd overall) of the 2016 NFL Draft, did not show up to the Browns’ training facility on Monday for the first day of voluntary workouts because he expected to be traded.

He had been on the trading block since the team acquired edge rusher Olivier Vernon from the New York Giants in March.

Also absent for the Browns was running back Duke Johnson, whose name has swirled in trade rumors since the team added Kareem Hunt earlier this offseason. Head coach Freddie Kitchens declined to give a reason for Johnson’s absence, but he said at last week’s league meetings Johnson “will have a role” on the Browns this season.

–Ohio State defensive end Nick Bosa is scheduled to visit the Arizona Cardinals, with speculation mounting he could be the No. 1 pick in the 2019 NFL Draft.

Bosa met with team officials in Florida on Friday and is now set for a second sitdown at the team facility. Bosa and the Cardinals have a “top 30” visit scheduled with four weeks remaining until the 2019 draft.

Bosa will be in Arizona on Thursday night for a Friday visit this week, Sports Illustrated first reported.

–Heisman Trophy-winning quarterback Kyler Murray worked out privately for the Oakland Raiders, according to a report.

Albert Breer of The MMQB said the workout took place in Dallas. On Tuesday, the Raiders’ brass will travel to Columbus, Ohio, to watch former Ohio State quarterback Dwayne Haskins in action, he added.

As recently as last week at the league meetings in Phoenix, Raiders coach Jon Gruden said veteran David Carr will be his quarterback in 2019.

–Atlanta Falcons star Julio Jones says he is comfortable with his current contract situation and doesn’t care about being the highest-paid wide receiver in the NFL, ESPN reported.

“I’m good. I’m comfortable with how everybody’s doing it,” Jones said when asked about the status of his contract talks. “There’s no pressure on my end and none on their end. If they’re going to get it done, we’ll get it done.”

Over the last five seasons (2014-18), Jones has the most receiving yards (7,994) and the second-most receptions (524) in the league.

–Washington Redskins left tackle Trent Williams is fine and should be ready for training camp after a health issue that previously appeared quite serious, NFL Network reported.

Per the report, Williams had a growth or tumor on his head that doctors feared was malignant, and teammates were under the impression he could miss the season. But an operation to remove the growth was successful, and Williams is expected to be fine by late summer.

An exact diagnosis has not been released.

–New England Patriots quarterback Tom Brady used his first-ever tweet to announce his “retirement,” in an April Fools’ Day prank that immediately went viral.

“I’m retiring. In my spare time, I’ll be tweeting,” Brady posted in the first tweet sent from his official account (@TomBrady).

His second tweet, delivered about an hour later, let relieved Patriots fans know he was goofing around. “Was this a bad joke?” Brady wrote.

–The Detroit Lions agreed to terms on a one-year deal with veteran running back C.J. Anderson.

The 28-year-old Anderson had 403 rushing yards in 11 games last season while splitting time between the Carolina Panthers and Los Angeles Rams.

–The Pittsburgh Steelers announced the release of veteran safety Morgan Burnett.

Burnett, 30, played in 11 games in his only season with Pittsburgh in 2018, finishing with 30 tackles, six passes defensed and no interceptions.

–Super Bowl LIII referee John Parry has retired and is joining ESPN as an officiating analyst.

He will provide analysis from the broadcast booth on “Monday Night Football” and also will work on NFL studio shows and SportsCenter, the network announced

–The Chicago Bears re-signed free agent outside linebacker Aaron Lynch on a one-year deal. Financial terms were not announced.

Lynch, 26, had three sacks and eight quarterback hits in 13 games (three starts) in 2018.

–The Minnesota Vikings re-signed veteran center Brett Jones. The one-year deal is worth up to $1.5 million with incentives, per the St. Paul Pioneer Press.

–The Jacksonville Jaguars signed former Houston Texans running back Alfred Blue. Terms were not announced.

–The Arizona Cardinals signed former Denver Broncos cornerback Tramaine Brock, NFL Network reported. Brock played for new Cardinals defensive coordinator Vance Joseph in Denver.

–Oakland Raiders cornerback Daryl Worley signed his restricted free agent tender, a one-year deal worth $3.095 million.

–The Patriots signed former Vikings offensive tackle Cedrick Lang, who spent all of 2018 on injured reserve.

–Field Level Media

Source: OANN

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Angst and apathy outside parliament as UK lawmakers debate Brexit options

Anti-Brexit protester waves flags outside the Houses of Parliament in London
An anti-Brexit protester waves flags outside the Houses of Parliament in London, Britain, March 27, 2019. REUTERS/Dylan Martinez TPX IMAGES OF THE DAY

March 27, 2019

By Andrew MacAskill and Andrew R.C. Marshall

LONDON (Reuters) – Robert Unbranded stands out from other protesters outside the British parliament, and not just because of his red jumpsuit, wild hair and unusual surname.

In a public space otherwise dominated by vocal supporters and opponents of Brexit, Unbranded carries signs protesting the impact of plastic bags on the environment.

“Many people tell me that my protest is more important,” he says, then nods toward parliament. “But everyone is focused on the guff in there.”

That focus was intense on Wednesday as Prime Minister Theresa May vowed to quit in return for parliament passing her EU divorce deal at the third attempt, and lawmakers discussed last-ditch options to break the Brexit deadlock.

Outside, veteran pro- and anti-EU protesters with flags and placards took up well-worn positions on nearby pavements and squares, their rivalry and modest numbers reflecting how Brexit has both divided and exhausted the nation.

Only 7 percent of Brits recently surveyed by NatCen Social Research said the government had handled Britain’s exit from the EU well, with those who voted Leave and Remain almost equally dismayed.

An earlier poll by Ipsos Mori ranked politicians as Britain’s least trusted profession after advertising executives.

Protesters at parliament were also united by a low confidence in British lawmakers’ chances of finding a way out of the Brexit mess.

“If they’re just going to quibble among themselves, we’re not going to get anywhere,” said George Cowie, a retired soldier standing with other anti-EU protesters near the MPs’ entrance to parliament.

He called May’s deal with the EU “appalling” and wanted her replaced by someone who could come up with a better one.

Rival protester Ruth Fryer, a retired teacher wearing a “We Still Love EU” badge, was also despairing.

“My biggest hope is that MPs do what they’re paid to do, which is to put the national interest first and stop Brexit,” she said.

Now scaffold-clad and undergoing renovations, the parliamentary building is for some people a metaphor for a feeble legislature that is unable to fix the country’s Brexit woes and feels remote from normal life.

The debate on Wednesday initially seemed to confirm this, with one lawmaker mocking another over the posh private schools they both attended.

Others articulated what was at stake just two days before Britain was originally due to leave the European Union.

“The government still do not have a plan B. It is incredible, to say the least,” said Jim Cunningham of the opposition Labour Party.

SUBDUED PROTESTERS

Some politicians complained that the atmosphere outside parliament had become ugly and intimidating. But on Wednesday at least, protesters were subdued and few.

Most Brexit supporters clustered by the MPs’ entrance to shout or wave signs at passing politicians.

Boris Johnson, the former foreign minister and leading Brexiteer, arrived by bicycle, dismounting to negotiate a scrum of photographers. May swept through soon after in an armored Jaguar led by police outriders.

Most EU supporters gathered at the other end of the Palace of Westminster, where the national and global media have set up makeshift studios. One supporter introduced himself as “David Palk, the flag man.”

Palk, a semi-retired gardener, held a retractable flag pole as high as a house that allowed his EU flag to appear in the backdrop of television broadcasts.

“This mess has made abundantly clear that our current parliament is not fit for purpose,” he said.

He began to elaborate but was drowned out by the operatic aria Nessun Dorma, played at full volume by a fellow Remainer circling the area in a silver Rolls Royce.

Maureen, a company secretary, said she was protesting to persuade lawmakers to deliver Brexit, but had given up trying to change the opinions of ordinary people.

“The debate is more rancorous now than it was in the run-up to the (2016) referendum,” she said, declining to give her surname. “People’s views are so entrenched.”

She described Britain as a stable country, then corrected herself. “Take that back. We were a stable country. This is making us a laughing stock.”

(Reporting by Andrew MacAskill and Andrew R.C. Marshall; additional reporting by Rachel Cordery; editing by Stephen Addison)

Source: OANN

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Brazil’s president calls Nazis leftists after Israel Holocaust museum visit

Brazilian President Jair Bolsonaro speaks at an event with Israeli and Brazilian business people, attended by Israeli Prime Minister Benjamin Netanyahu, in Jerusalem
Brazilian President Jair Bolsonaro speaks at an event with Israeli and Brazilian business people, attended by Israeli Prime Minister Benjamin Netanyahu, in Jerusalem April 2, 2019. REUTERS/Ronen Zvulun

April 3, 2019

BRASILIA (Reuters) – Brazil’s right-wing President Jair Bolsonaro said “there is no doubt” that Nazism was a leftist movement, just after visiting Israel’s Yad Vashem Holocaust memorial and museum.

Bolsonaro’s remarks directly contradicted information on the museum’s website saying Germany’s Nazi movement rose out of right-wing radical groups responding to the rise of communism.

In Tuesday’s televised comments, the Brazilian president echoed previous remarks by his country’s foreign minister, Ernesto Araujo, also claiming the Nazis were leftists.

Asked by reporters if he agreed with Araujo, Bolsonaro said, “There is no doubt, right?”

He went on to say that the Nazi party’s name was the National Socialist Party of Germany, which includes the word “socialist.” The official name was the National Socialist German Workers’ Party.

Despite their name, the Nazis followed a fascist and anti-Semitic – rather than a socialist – ideology.

Bolsonaro leaves Israel on Wednesday to return to Brazil. His four-day visit came just one week before Israel’s election in which right-wing Prime Minister Benjamin Netanyahu is seeking re-election.

The visit had initially been seen as potentially boosting Netanyahu’s election prospects but fell short of the Israeli prime minister’s expressed hope that Brazil would move its embassy from Tel Aviv to Jerusalem.

Bolsonaro suggested soon after his inauguration in January that he would move the embassy, but his government later walked back the comments. Brazilian officials instead announced during his Israel visit that the country would open a trade office in Jerusalem.

Netanyahu has said he hopes the trade office is a step toward moving the embassy there as well.

The administration of U.S. President Donald Trump, who Bolsonaro regards as an ally, recognized Jerusalem as Israel’s capital in 2017 and ordered the American Embassy moved from Tel Aviv to Jerusalem, which took place last May.

Israelis and Arabs dispute the status of Jerusalem, which is holy to Jews, Christians and Muslims. Israel regards the city as its “eternal and indivisible” capital but that is not recognized internationally. Palestinians want Jerusalem to be the capital of an eventual Palestinian state.

Jerusalem is home to Yad Vashem, which documents the Holocaust and is a memorial to the 6 million Jews murdered by Nazi Germany during World War Two.

(Reporting by Eduardo Simoes; Writing by Jake Spring; Editing by Jonathan Oatis)

Source: OANN

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ICE arrests man convicted of trespassing at Jenner home

U.S. immigration authorities have arrested a Canadian man who has twice been convicted of trespassing at the California home of model and Kardashian family member Kendall Jenner.

U.S. Immigration and Customs Enforcement said Friday that 38-year-old John Ford was recently arrested in the parking lot of an Albuquerque motel after agents received a tip that he was in New Mexico.

Authorities say Ford has an expired visitor's visa. He remains in federal custody in El Paso, Texas, awaiting a hearing on his immigration case.

It wasn't immediately clear if he had an attorney.

Los Angeles police have arrested him twice, resulting in misdemeanor convictions and jail time.

Jenner's family thanked Los Angeles police and immigration authorities for their swift response.

Source: Fox News National

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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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A Baha’i advocacy group has expressed concerns over the fate of minority Baha’is at the hands of Yemen’s Houthi rebels ahead of the appeals hearing for one of the community leaders sentenced to death.

The Baha’i International Community said in a statement Friday that the hearing for Hamed bin Haydara, detained in 2013 and sentenced to death last year on espionage and apostasy charges, is due on Tuesday.

The statement quotes Bani Dugal, the Baha’i community representative at the United Nations, as saying the prosecution hasn’t addressed Haydara’s appeal but is instead making “absurd, wide-ranging accusations.”

International rights groups have decried the prosecution of Yemeni Baha’is by the Iran-backed Houthis.

Iran has banned the Baha’i religion, which was founded in 1844 by a Persian nobleman considered a prophet by followers.

Source: Fox News World

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Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul
Afghan President Ashraf Ghani speaks during the inauguration of the newly-elected parliament in Kabul, Afghanistan April 26, 2019. REUTERS/Omar Sobhani

April 26, 2019

By Rupam Jain and Hameed Farzad

KABUL (Reuters) – Afghan President Ashraf Ghani encouraged newly-elected lawmakers to participate in the peace process with the Taliban as he opened on Friday the first session of parliament since a controversial election.

Ghani has invited thousands of politicians, religious scholars and rights activists to an assembly known as a loya jirga next week to discuss ways to end the 17-year war.

Several opposition leaders have said they will boycott the four-day assembly in Kabul, saying it was pulled together without their input and is being used by Ghani as he seeks a second term in a September presidential election.

“We have presented the peace plan on a regular basis and we are committed to it,” Ghani said in the first session since parliamentary elections marred by technical problems, militant attacks and accusations of voting fraud last year.

“Based on this plan, there will be no peace deal and negotiation that does not have the green card of the parliament,” he added.

Officials from the United States and the Taliban have held several rounds of talks to end the Afghan war.

U.S. negotiator, Zalmay Khalilzad, has reported some progress toward an accord on a U.S. troop withdrawal and on how the Taliban would prevent extremists from using Afghanistan to launch attacks as al Qaeda did on Sept. 11, 2001.

The insurgents have so far rejected U.S. demands for a ceasefire and talks on the country’s political future that would include Afghan government officials.

The loya jirga, a centuries-old institution used to build consensus among competing tribes, factions and ethnic groups, is an attempt by Ghani to influence the peace talks and cement his position for a second term, Afghan politicians and Western diplomats say.

Amid growing political divisions in Kabul, opposition politicians have demanded that Ghani step down when his mandate ends next month, and give way to an interim government to oversee peace talks with the Taliban. Ghani has ruled that out.

The country’s top court said last week Ghani can stay in office until the presidential election in September.

(Reporting by Hameed Farzad, Rupam Jain, Editing by Darren Schuettler)

Source: OANN

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Deputy Attorney General Rod Rosenstein Thursday defended special counsel Robert Mueller’s investigation while slamming former President Barack Obama’s administration for being slow to take action on Russian interference in U.S. elections and ex-FBI Director James Comey for telling Congress the agency was investigating collusion between the Trump campaign and Russia.

“Our nation is safer, elections are more secure, and citizens are better informed about covert foreign influence schemes,” Rosenstein said in a speech to the Armenian Bar Association, marking his first public remarks after the Mueller report was released, reports CBS News.

He also pointed out that the investigation revealed a pattern of computer hacking and the use of social media to undermine elections as “only the tip of the iceberg of a comprehensive Russian strategy to influence elections, promote social discord, and undermine America, just like they do in many other countries,” reports The Wall Street Journal.

The Obama administration also made “critical decisions,” including choosing not to publicize the full story about Russian hackers and social media trolling, “and how they relate to a broader strategy to undermine America,” said Rosenstein.

He noted that the Mueller probe began after Comey disclosed during a hearing before Congress that President Donald Trump “pressured him to close the investigation and the president denied that the conversation occurred.”

Rosenstein said two years ago, when he was confirmed, he was told by a Republican senator that he would be in charge of the probe and that he’d report the results to the American people.

However, he said he didn’t promise to do that, because it is “not our job to render conclusive factual findings. We just decide whether it is appropriate to file criminal charges.”

Source: NewsMax Politics

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FILE PHOTO: The Huawei logo is pictured outside its Huawei's factory campus in Dongguan, Guangdong province
FILE PHOTO: The Huawei logo is pictured outside its Huawei’s factory campus in Dongguan, Guangdong province, China, March 25, 2019. REUTERS/Tyrone Siu/File Photo

April 26, 2019

By Ben Blanchard

BEIJING (Reuters) – Britain must get to the bottom of the leak of confidential discussions during a top-level security meeting about the role of China’s Huawei Technologies in 5G network supply chains, British finance minister Philip Hammond said on Friday.

News that Britain’s National Security Council, attended by senior ministers and spy chiefs, had agreed on Tuesday to bar Huawei from all core parts of the country’s 5G network and restrict its access to non-core elements was leaked to a national newspaper.

The leak of secret discussions has sparked anger in parliament and amongst Britain’s intelligence community. Britain’s most senior civil servant Mark Sedwill has launched an inquiry and written to ministers who were at the meeting.

“My understanding from London (is) that an investigation has been announced into apparent leaks from the NSC meeting earlier this week,” said Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing.

“To my knowledge there has never been a leak from a National Security Council meeting before and therefore I think it is very important that we get to the bottom of what happened here,” he told Reuters in a pooled interview.

British culture minister Jeremy Wright said on Thursday he could not rule out a criminal investigation. The majority of the ministers at the NSC meeting have said they were not involved, according to media reports.

Hammond said he was unaware of any previous leak from a meeting of the NSC.

“It’s not about the substance of what was apparently leaked. It’s not earth-shattering information. But it is important that we protect the principle that nothing that goes on in national security council meetings must ever be repeated outside the room.”

Allowing Huawei a reduced role in building its 5G network puts Britain at odds with the United States which has told allies not to use its technology at all because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

There have been concerns that the NSC’s conclusion, which sources confirmed to Reuters, could upset other allies in the world’s leading intelligence-sharing network – the Five Eyes alliance of the United States, Britain, Australia, Canada and New Zealand.

However, British ministers and intelligence officials have said any final decision on 5G would not put critical national infrastructure at risk. Ciaran Martin, head of the cyber center of Britain’s main eavesdropping agency, GCHQ, played down any threat of a rift in the Five Eyes alliance.

(Writing by Michael Holden; Editing by Mark Heinrich)

Source: OANN

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