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Nevada regulators fine Wynn Resorts $20 million in settlement

FILE PHOTO - Wynn Resorts Ltd property in Las Vegas
FILE PHOTO: An exterior view Wynn hotel-casino in Las Vegas, Nevada, U.S., February 7, 2018. REUTERS/Steve Marcus/File Photo

February 27, 2019

By Nate Raymond

BOSTON (Reuters) – Nevada casino regulators said on Tuesday they had fined Wynn Resorts Ltd $20 million in a settlement with the company involving misconduct claims against former chief executive Steve Wynn.

The casino company, which has operations in Las Vegas and Macau, said the conclusion of the review by the Nevada Gaming Commission was a step forward for the company and its new leadership.

The settlement was previously disclosed but not the amount of the fine.

Founder Wynn resigned as CEO of the company in 2018 following claims he subjected women who worked for him to unwanted advances. He has denied the accusations.

Steve Wynn was not immediately reachable for comment.

(Reporting by Nate Raymond; writing by Peter Henderson; Editing by Bill Rigby)

Source: OANN

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Rosenstein hanging on at DOJ amid Mueller probe wind-down, despite plans to leave by now

Deputy Attorney General Rod Rosenstein has reached an agreement with Attorney General William Barr to stay on at the Justice Department “a little while longer,” a source familiar with their conversation told Fox News – despite initial plans to step down by now.

Fox News and other outlets previously reported that Rosenstein had planned to step down in mid-March. However, sources close to the deputy attorney general say Rosenstein has not yet given his two weeks notice. He remains at the DOJ as Special Counsel Robert Mueller’s Russia probe enters what is widely believed to be its final phases. There has been much speculation that Rosenstein would like to stay in his post until the investigation concludes.

GRAHAM PROBES ALLEGED 25TH AMENDMENT DISCUSSIONS

DOJ sources confirmed to Fox News that Rosenstein is still the primary liaison between department headquarters and Mueller’s office, even though the recently confirmed Barr has ultimate oversight over the Russia investigation.

When Mueller’s report on Russian meddling in the 2016 election is complete, he is expected to hand his findings to Barr. It is unclear what will happen after that.


The regulation governing the special counsel gives the attorney general wide discretion in how he informs Congress and the public about the contents of the report. The regulation states, “At the conclusion of the Special Counsel's work, he or she shall provide the Attorney General with a confidential report explaining the prosecution or declination decisions reached by the Special Counsel.”

The regulation then includes vague instructions regarding how the attorney general would notify the public, stating: “The Attorney General may determine that public release of these reports would be in the public interest, to the extent that release would comply with applicable legal restrictions.”

TRUMP BLASTS ROSENSTEIN, MCCABE OVER ALLEGED PLOT

Rosenstein, while staying on at the Justice Department, has become a renewed target of Trump’s ire in recent months, after FBI Deputy Director Andrew McCabe described private discussions about secretly recording and potentially ousting the president in the days after he fired FBI Director James Comey.

Trump last month accused them of pursuing a “treasonous” plot against him. Rosenstein, though, denied pursuing recording the president and has pushed back on claims he broached the idea of invoking the 25th Amendment to remove Trump.

Source: Fox News Politics

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‘Fake socialite’ who allegedly swindled victims out of $275G refuses to take stand

The onetime darling of the Big Apple social scene — dubbed the “scammer socialite,” who's been accused of posing as a wealthy heiress to infiltrate New York City’s upper echelon — told a judge Monday she will not testify in her grand larceny and theft of services trial in state court in Manhattan.

New York prosecutors have rested their case against the Russian-born Anna Sorokin, who is accused of passing herself off as a German heiress and swindling friends, banks and hotels. Prosecutors said Sorokin, who assumed the alias Anna Delvey, bilked individuals and businesses out of $275,000 while living a jet-setting lifestyle she couldn’t afford.

They said she also peddled bogus bank statements in a quest for a $22 million loan.

Sorokin’s lawyer said she never intended to commit a crime and planned to pay back the money.

Her decision not to testify came after several weeks of testimony in a case that has drawn international attention.

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“Do you understand you have a right to testify?” asked Justice Diane Kiesel, The New York Post reported.

“Yes, I do,” she replied with a smile.

Closing arguments are expected Tuesday, and jurors will begin deliberating the same day.

The Associated Press contributed to this report.

Click for more from The New York Post.

Source: Fox News National

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Wall Street extends losing streak after weak jobs report

Traders work on the floor of the NYSE in New York
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 7, 2019. REUTERS/Brendan McDermid

March 8, 2019

NEW YORK (Reuters) – Wall Street’s main stock indexes fell for a fifth straight session on Friday and posted their biggest weekly declines since the market tumbled at the end of 2018, as a weak U.S. jobs report ignited more concerns about the global economy.

The Dow Jones Industrial Average fell 23.12 points, or 0.09 percent, to 25,450.11, the S&P 500 lost 5.89 points, or 0.21 percent, to 2,743.04 and the Nasdaq Composite dropped 13.32 points, or 0.18 percent, to 7,408.14.

(Reporting by Lewis Krauskopf; Editing by James Dalgleish)

Source: OANN

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Ford launches layoff program for Brazil’s Camaçari plant

FILE PHOTO: The logo is seen on the bonnet of a new Ford Aspire car during its launch in New Delhi
FILE PHOTO: The logo is seen on the bonnet of a new Ford Aspire car during its launch in New Delhi, India, October 4, 2018. REUTERS/Anushree Fadnavis/File Photo

April 9, 2019

SAO PAULO (Reuters) – The Brazilian unit of Ford Motor Company said on Tuesday it was initiating a voluntary layoff program for its plant in Camaçari, in the northeast state of Bahia, with the objective to cut workforce it said was in excess of current needs.

The company in its statement did not say how many people it expected to lay off.

Ford previously said the plant was operating with about 700 excess workers. The plant employs 7,400 people in Camaçari, where it produces the compact Ka and mid-sized EcoSport SUV.

The U.S. automaker said two months ago it would close its oldest plant in Brazil, in São Bernardo do Campo, which could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world.

Referring to the Bahia plant, Ford said: “The measure has the objective to align the plant’s workforce with current market demand.”

Ford sold 24,000 Ka vehicles in Brazil in the first quarter, about the same level as in the previous year. It sold 7,600 EcoSports, more than the 7,000 reported in the first quarter of 2018.

(Reporting by Alberto Alerigi Jr.; Writing by Marcelo Teixeira; Editing by Peter Cooney)

Source: OANN

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Malaysia to begin delayed graft trial of former PM Najib next week

FILE PHOTO: Malaysia's former Prime Minister Najib Razak leaves a court in Kuala Lumpur
FILE PHOTO: Malaysia's former Prime Minister Najib Razak leaves a court in Kuala Lumpur, Malaysia October 4, 2018. REUTERS/Lai Seng Sin

March 28, 2019

KUALA LUMPUR (Reuters) – The corruption trial of former Malaysian prime minister Najib Razak on charges linked to a multibillion-dollar scandal at state fund 1MDB will start next week after a delay of nearly two months, his lawyer said on Thursday.

The postponement was seen as a blow for the government of Mahathir Mohamad, which reopened investigations into the alleged theft of $4.5 billion from 1Malaysia Development Berhad (1MDB) after winning elections last May and vowed swift justice.

Originally set to begin on Feb. 12, Najib’s trial was postponed because of appeals over procedural matters raised in pre-trial hearings.

It will now begin on Wednesday, his lawyer, Farhan Read, told Reuters in a brief text message.

Najib has pleaded not guilty to seven charges of criminal breach of trust, money laundering and abuse of power over a suspected transfer of 42 million ringgit ($10.3 million) into his bank account from SRC International, a former 1MDB unit.

The trial is the first of several criminal proceedings Najib is expected to face over the scandal, and the sum involved is a fraction of the $1 billion investigators allege made its way to his bank accounts.

He faces years in prison if convicted on a total of 42 criminal charges, most of them linked to 1MDB.

At least six countries, including the United States, Switzerland and Singapore, have launched money laundering and graft investigations into 1MDB, set up by Najib in 2009.

U.S. prosecutors say money stolen from the fund went to buy a private jet, luxury real estate, artwork by Picasso and Monet, as well as jewelry for Najib’s wife Rosmah Mansor, who has also been charged.

(Reporting by Fathin Ungku; Editing by Clarence Fernandez)

Source: OANN

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AP Sources: Ex-Virginia Gov. McAuliffe to Rule Out 2020 Run

Former Virginia Gov. Terry McAuliffe won't run for president in 2020.

That's according to two people familiar with calls the Democratic former governor made Wednesday to his allies. They spoke to The Associated Press on condition of anonymity to avoid pre-empting McAuliffe's announcement.

A representative for McAuliffe didn't immediately respond to a request for comment.

His decision comes as Joe Biden considers whether to join a crowded 2020 Democratic field and run for president himself. McAuliffe is widely viewed as part of the party's mainstream, occupying much of the same political space as the former vice president.

McAuliffe flirted with a presidential run for months, popping up in early voting states late last year and campaigning with candidates in Iowa and New Hampshire.

He is scheduled to appear on CNN on Wednesday night.

Source: NewsMax 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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Joe Biden’s brain surgeon said his former patient is “totally in the clear” as speculation over the candidate’s health — with Biden possibly becoming the oldest president in U.S. history — is likely to become a campaign issue.

The former vice president, who had been perceived by many as the strongest potential contender for the Democratic Party’s 2020 presidential nomination, formally announced his candidacy Thursday.

But Biden’s age – 76 – is expected to become a source of attacks from a younger generation of Democrats not because of obvious generational differences, but possibly for actual health concerns if Biden gets into office.

WHY THE MEDIA ARE CONVINCED JOE BIDEN WILL IMPLODE

Biden himself agreed last year that “it’s totally legitimate” for people to ask questions about his health if he decides to run for president, given his medical history — which has included brain surgery in 1988.

“I think they’re gonna judge me on my vitality,” Biden told “CBS This Morning.” “Can I still run up the steps of Air Force Two? Am I still in good shape? Am I – do I have all my faculties? Am I energetic? I think it’s totally legitimate people ask those questions.”

“I think they’re gonna judge me on my vitality. …  I think it’s totally legitimate [that] people ask those questions.”

— Joe Biden

But Dr. Neal Kassell, the neurosurgeon who operated on Biden for an aneurysm three decades ago, told the Washington Examiner that Biden appears to be “totally in the clear” — and even joked that the operation made Biden “better than how he was.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it,” Kassell said. “That’s more than I can say about all the other candidates or the incumbents.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it.”

— Dr. Neal Kassell

BIDEN’S CLAIM HE DIDN’T WANT OBAMA TO ENDORSE TRIGGERS MOCKERY

At the same time, however, Biden hasn’t been forthcoming about his health at least since 2008 when he released his medical records as a vice presidential candidate. The disclosure that time revealed some fairly minor issues such as an irregular heartbeat in addition to detailing previous operations, including removing a benign polyp during a colonoscopy in 1996, the outlet reported.

It remains unclear if Biden had more aneurysms. Some medical experts say that people who have had an aneurysm can have another one.

An aneurysm, or a weakening of an artery wall, can lead to a rupture and internal bleeding, potentially placing a patient’s life in jeopardy.

Biden won’t be the only Democrat grappling with old age. Sen. Bernie Sanders, another 2020 frontrunner, is currently 77 years old and agreed with Biden last year that their ages will be an issue in the race.

“It’s part of a discussion, but it has to be part of an overall view of what somebody is and what somebody has accomplished,” Sanders told Politico.

“Look, you’ve got people who are 50 years of age who are not well, right? You’ve got people who are 90 years of age who are going to work every day, doing excellent work. And obviously, age is a factor. But it depends on the overall health and wellbeing of the individual.”

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Sanders released his medical records in 2016, with a Senate physician saying in a letter that the senator was “in overall very good health.”

Source: Fox News Politics

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German carmaker Daimler endured a weak start to the year, echoing troubles at other major manufacturers, as sales in the big Chinese market stuttered.

The company said Friday that its net income fell to 2.1 billion euros ($2.3 billion) in the first quarter from 2.3 billion euros during the same period a year earlier, while revenue dipped to 39.7 billion euros from 39.8 billion euros.

Vehicle sales fell 4% to 773,800 units, with a double-digit percentage drop in China offsetting gains in other markets like the U.S. and Europe.

The company said there were also problems with high inventories and bottlenecks in the supply chain.

Chairman Dieter Zetsche said that “we cannot and will not be satisfied with this — as expected — moderate start to the year.”

Source: Fox News World

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