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Mixed blessing for cycling from Pope Francis

Pope Francis has praised cycling for the value it places on discipline, selflessness and courage but warned that the sport can become tainted by doping, dishonesty and corruption.

Francis met Saturday with European and African cycling federations during their annual assembly in Rome.

The Argentine Jesuit cited the team spirit often seen in cycling but warned that it can become distorted when profit and prestige take over. He cited "doping, dishonesty, disrespect for oneself and one's opponents, and corruption."

Francis, a known soccer fan, has long promoted sport as an example of solidarity to be nurtured, especially among the young.

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More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports

Source: Fox News World

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Ocasio-Cortez accuses stunned Wells Fargo CEO of financing the 'caging' of children

Wells Fargo CEO Tim Sloan fired back at New York Rep. Alexandria Ocasio-Cortez at a contentious hearing in Washington, D.C., on Tuesday, after the freshman legislator accused the bank of "financing the caging of children" and suggested it should bear financial liability for everything from oil spills to climate change.

Ocasio-Cortez's inquiries come as activists increasingly seek to "deplatform" political opponents by cutting off their funding from banks and other financial services providers -- a concerted effort that conservatives and libertarians have said threatens free speech.

House Financial Services Committee Chairman Maxine Waters, D-Calif., brought Sloan before the panel Tuesday as part of a broad, four-hour inquiry into widely reported fraudulent misconduct in recent years by Wells Fargo employees. But in questioning Sloan, who faced bipartisan criticism during the hearing, Ocasio-Cortez, a self-described Democratic socialist, quickly went much further.

"Why was the bank involved in the caging of children and financing the caging of children to begin with?" Ocasio-Cortez asked at one point, in an apparent reference to the Trump administration's zero-tolerance immigration policy, which resulted in increased separations of parents suspected of criminal activity from the minors who accompanied them.

The White House has insisted that images widely circulated on social media showing migrant children in large, fenced-off detention rooms were taken during the Obama administration.

Sloan responded simply, "I don't know how to answer that question, because we weren't."

"You were financing, involved in debt financing in CoreCivic and GEO Group, correct?" Ocasio-Cortez pressed, referring to two companies that manage private detention and rehabilitation facilities.

GREENPEACE CO-FOUNDER SAYS AOC'S GREEN NEW DEAL WOULD LEAD TO 'END OF CIVILIZATION' ; CALLS FRESHMAN DEM 'POMPOUS LITTLE TWIT'

"For a period of time, we were involved in financing one of the firms, we are not anymore. I'm not familiar with the specific assertion you are making. We were not involved in that," Sloan said.

Ocasio-Cortez went on to ask whether the bank was "responsible for the damages incurred by climate change" because of its financing of fossil fuel companies, such as reinvestment costs.

"I don't know how you'd calculate that," Sloan retorted.

The progressive firebrand from New York, pressing on, raised the prospect that Wells Fargo could face liability from any environmental disaster involving the Dakota Access pipeline, which runs 1,200 miles through the Dakotas, Iowa and Illinois.

Wells Fargo was one of more than a dozen financial institutions to contribute financing to the project, which has been attacked by its critics as environmentally unsafe and an encroachment upon Native American lands. Conservatives have maintained that the project has significant economic benefits.

"Hypothetically, if there was a leak from the Dakota Access pipeline, why shouldn't Wells Fargo pay for the cleanup of it, since they paid for the construction of the pipeline itself?" Ocasio-Cortez asked. (In 2017, the Dakota Access pipeline and a feeder line leaked more than 100 gallons of oil in North Dakota in separate incidents in March as crews prepared the disputed $3.8 billion pipeline for operation.)

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"Because we don't operate the pipeline," Sloan responded, apparently surprised by the question. "We provide financing to the company that's operating the pipeline. "Our responsibility is to ensure that at the time that we make that loan, that that customer -- we have a group of people in Wells Fargo, including an environmental oversight group."

Ocasio-Cortez interrupted to ask why Wells Fargo would consider lending money to a project criticized widely on environmental grounds.

"Again, the reason that we were one of the 17 or 19 banks that financed that, was because our team reviewed the environmental impact," Sloan said. "And we concluded it was a risk we were willing to take."

Democrats have called on Wells Fargo to be broken up amid a slew of scandals.

Democrats have called on Wells Fargo to be broken up amid a slew of scandals. (AP Photo/Rogelio V. Solis, File)

Concluding the hearing, Waters suggested that Wells Fargo should be broken up. Waters also asked Sloan if the bank had become "too big to manage."

“This hearing has revealed Wells Fargo has failed to clean up its act, it’s too big to manage and the steps regulators have taken to date are wholly inadequate,” Waters said.

Republicans, too, laid into Sloan, although they did not go as far as Waters or Ocasio-Cortez.

“Each time a new scandal breaks, Wells Fargo promises to get to the bottom of it. It promises to make sure it doesn’t happen again, but then a few months later, we hear about another case of dishonest sales practices or gross mismanagement,” said North Carolina Rep. Patrick T. McHenry, a Republican.

“Every single member of this committee has constituents in their state who were impacted by Wells Fargo,” he added. “Our constituents should be able to trust their own bank.”

Fox News' Brooke Singman contributed to this report.

Source: Fox News Politics

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Thousands of Palestinians protest at Jerusalem holy site

Thousands of Palestinian protesters have burst through a section of a flashpoint Jerusalem holy site that has been closed by Israeli court order for over a decade.

Palestinians chanting "Allahu Akbar" streamed into a sealed-off area of al-Aqsa Mosque during prayers Friday. Israeli police said the crowds dispersed peacefully afterward.

Tensions have escalated at the contested compound. Similar protests turned into scuffles with police earlier this week. Anticipating unrest, police arrested 60 Palestinians overnight suspected of "causing disturbances."

Israeli police accused Waqf, the Islamic authority that oversees the compound, of trying to "change the status quo" at the sensitive site by convening in the closed area last week.

Israel closed the section in 2003 because it was home to a heritage organization allegedly connected with a militant Islamic group.

Source: Fox News World

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Mom charged in killing of LA-area girl found in duffel bag

Authorities have arrested a woman on suspicion of murder after the body of her 9-year-old daughter was found in a duffel bag along a suburban horse trail near Los Angeles.

Los Angeles County sheriff's officials say Taquesta Graham is expected to be charged on Wednesday. It wasn't known Monday if she has an attorney.

Prosecutors last week charged Graham's boyfriend, Emiel Hunt, with murder in the killing of Trinity Love Jones.

The girl's body was found March 5 in the suburb of Hacienda Heights. She was wearing a pink shirt that said, "Future Princess Hero."

Graham was extradited from Texas to Southern California last week and was initially held on an unrelated warrant.

Prosecutors said the 38-year-old Hunt has a previous child abuse conviction from 2005 in San Diego County.

Source: Fox News National

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New York Attorney General opens civil investigation into Trump projects: report

The New York attorney general’s office on Monday handed subpoenas to Deutsche Bank and Investors Bank for records involving Trump’s failed bid to buy the Buffalo Bills and other business dealings with the Trump Organization, according to a report.

The inquiry, spearheaded by the recently-elected Letitia James, was prompted by the congressional testimony of Trump’s ex-attorney Michal Cohen, who alleged that Trump deliberately inflated his assets to improve his chances of buying the NFL team, the New York Times reported, citing a person who was briefed on the subpoenas.

The request to Deutsche Bank specifically sought records on loans, mortgages, lines of credit, and financial transactions in connection with multiple Trump properties, the report said.

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Deutsche Bank, which is already under two separate congressional investigations, is one of the few financial lenders that has been willing to work with Trump in recent years, according to the Times.

Source: Fox News Politics

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Iconic Barbie doll celebrates 60 years of evolution

Barbie dolls are seen inside the new flagship FAO Schwarz store in Rockefeller Plaza in New York
FILE PHOTO: Barbie dolls are seen inside the new flagship FAO Schwarz store in Rockefeller Plaza in New York, U.S., November 16, 2018. REUTERS/Shannon Stapleton

March 8, 2019

(Reuters) – Barbie, the fashion doll famous around the world, celebrates her 60th anniversary on Saturday with new collections honoring real-life role models and careers in which women remain under-represented.

It is part of Barbie’s evolution over the decades since her debut at the New York Toy Fair on March 9, 1959.

To mark the milestone, manufacturer Mattel Inc created Barbie versions of 20 inspirational women from Japanese tennis star Naomi Osaka to British model and activist Adwoa Aboah.

The company also released six dolls representing the careers of astronaut, pilot, athlete, journalist, politician and firefighter, all fields in which Mattel said women are still under-represented.

Barbie is a cultural icon celebrated by the likes of Andy Warhol, the Paris Louvre museum and the 1997 satirical song “Barbie Girl” by Scandinavian pop group Aqua. She was named after the daughter of creator Ruth Handler.

Barbie has taken on more than 200 careers from surgeon to video game developer since her debut, when she wore a black-and-white striped swimsuit. After criticism that Barbie’s curvy body promoted an unrealistic image for young girls, Mattel added a wider variety of skin tones, body shapes, hijab-wearing dolls and science kits to make Barbie more educational.

Barbie is also going glamorous for her six-decade milestone. A diamond-anniversary doll wears a sparkly silver ball gown.

(Writing by Lisa Richwine; Editing by Leslie Adler)

Source: OANN

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Israel says Brazil opens ‘diplomatic office’ in Jerusalem

FILE PHOTO: Israel's acting foreign minister Israel Katz, who also serves as intelligence and transport minister, attends the weekly cabinet meeting in Jerusalem
FILE PHOTO: Israel's acting foreign minister Israel Katz, who also serves as intelligence and transport minister, attends the weekly cabinet meeting in Jerusalem February 24, 2019. Abir Sultan/Pool via REUTERS

March 31, 2019

JERUSALEM (Reuters) – Israel said on Sunday that Brazil had opened a “diplomatic office” in Jerusalem as Brazilian President Jair Bolsonaro began a visit to the country.

“Obrigado for opening a diplomatic office in Jerusalem!” acting Foreign Minister Israel Katz said in a Twitter post that included a photograph of himself shaking hands with Brazilian counterpart Ernesto Araújo.

(Writing by Dan Williams; editing by Emelia Sithole-Matarise)

Source: OANN

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A worker walks on the roof of a new home under construction in Carlsbad
FILE PHOTO: A worker walks on the roof of a new home under construction in Carlsbad, California September 22, 2014. REUTERS/Mike Blake

April 26, 2019

NEW YORK (Reuters) – The U.S. economy is growing at a 2.08% annualized pace in the second quarter based on upbeat data on durable goods orders and new home sales in March, the New York Federal Reserve’s Nowcast model showed on Friday.

This was faster than the 1.92% growth rate calculated by the N.Y. Fed model the week before.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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Extraordinary European Union leaders summit in Brussels
FILE PHOTO: Italian Prime Minister Giuseppe Conte arrives at an extraordinary European Union leaders summit to discuss Brexit, in Brussels, Belgium April 10, 2019. REUTERS/Yves Herman

April 26, 2019

(Reuters) – Italian Prime Minister Giuseppe Conte said on Friday he had assured China’s Huawei Technologies that it would not face discrimination in the rollout of Italy’s 5G telecoms network.

Conte was speaking on a visit to China where he said he met Huawei’s chief executive, Ren Zhengfei. The prime minister’s comments were carried in Italy by TV broadcaster Sky Italia.

“I told him that we have adopted some precautions, some measures to protect our interests that demand very high levels of security … not only from Huawei but any company entering into the 5G arena,” he said.

Huawei, the world’s biggest producer of telecoms equipment, is under intense scrutiny after the United States told allies not to use its technology because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

(Writing by by Mark Bendeich; Editing by Angelo Amante)

Source: OANN

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – President Donald Trump on Friday was expected to announce his intention to revoke the United States’ status as a signatory of the Arms Trade Treaty, which was signed in 2013 by then-President Barack Obama but never ratified by Congress, two U.S. officials said.

Trump was expected to announce the decision in a speech in Indianapolis, to the National Rifle Association, the officials said. The NRA, a powerful gun lobby group, has long been opposed to the treaty, which was negotiated at the United Nations.

(Reporting By Steve Holland; Editing by Bill Trott)

Source: OANN

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A remote controlled robot for the 'Isotopium: Chernobyl' game is seen at the game's location in Brovary
A remote controlled robot for the ‘Isotopium: Chernobyl’ game is seen at the game’s location in Brovary, Ukraine April 25, 2019. REUTERS/Valentyn Ogirenko

April 26, 2019

By Margaryta Chornokondratenko

KIEV (Reuters) – A Ukrainian computer game that brings to life a town abandoned after the Chernobyl nuclear disaster may not sound like everyone’s idea of fun but has attracted 60,000 people globally since its launch in October.

Players of “Isotopium: Chernobyl” drive tanks around the ghost town of Prypyat near Chernobyl, knocking out competitors as they search for an energy source called isotopium and collecting points every time they find some.

While the game takes its theme from the nuclear disaster at Chernobyl in northern Ukraine, which marked its 33rd anniversary on Friday, it was also inspired by the 2009 science fiction film “Avatar”.

Newcomers to the game think they have entered a virtual world when in fact they are controlling a real robot, equipped with a camera and computer, which makes its way around a model of the town rendered down to the tiniest detail.

“When playing our game, for the first 5-10 minutes many players don’t understand that it is not fictional,” said the game’s co-founder Sergey Beskrestnov. “They message us saying: ‘You have cool texture, you have good graphics, your designer is good, well done. You have a cool operating system.’

“People then reply: ‘It is not an operating system, it is real,’ and the player can’t believe it is real,” said Beskrestnov, speaking mid-game from Prypyat city square as he towers over surrounding five-storey buildings.

Kiev-born Beskrestnov was just 12 years old when on April 26, 1986 a botched test at the nuclear plant in the then Soviet Union sent clouds of smoldering nuclear material across large swathes of Europe, forced over 50,000 people, including Beskrestnov’s family, to evacuate and poisoned unknown numbers of workers involved in its clean-up.

Beskrestnov and his partner Alexey Fateyev used Google maps and hundreds of pictures from the Chernobyl area to recreate Prypyat landmarks, including residential buildings, a hotel, concert hall, amusement park and a stadium.

The game’s real-scale model occupies a 180 square meter (1,938 sq. ft) basement of a residential building in the Ukraine city of Brovary, just 150 km (93 miles) from the Chernobyl Exclusion Zone and 30 km east of Kiev.

Miniature radioactivity warning signs, graffiti on the walls of abandoned buildings and tables and chairs left scattered inside a small cafe all add to the creepy atmosphere of a once lively town.

“It’s a really neat concept …,” Shaun Prescott wrote in a review of the game published by PC Gamer magazine in January. “Controlling the tanks is kinda cumbersome, but they are tanks, after all.”

An attentive player will notice at least one inaccuracy – the real Chernobyl nuclear power plant is not located in town as it is in the game.

It costs $9 to immerse in the atmosphere of a post-apocalyptic town for an hour but only 20 people at a time can play simultaneously. Beskrestnov’s company, Remote Games, said 62,615 people around the world have registered to play the game, including around 15,000 in France and 10,000 in the United States.

A camera fixed on top of a moving tank broadcasts high quality signal in real time, allowing players from as far apart as Australia and Canada enjoy the game without facing any time delay in delivering video signals.

Its creators next ambition is to devise a game featuring the colonization of Mars in which 1,000 people will be able to simultaneously control robots on different missions involved in the operation.

“Many people advise us to contact Elon Musk directly because it resonates his dreams and ideas,” Beskrestnov jokes.    

(Editing by Susan Fenton)

Source: OANN

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FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California
FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – Initial optimism over first-quarter results from Starbucks Corp was waning fast on Wall Street on Friday, as analysts questioned the longer-term prospects of its new sales push given subdued overall customer traffic numbers especially in China.

The company on Thursday beat brokerage estimates for quarterly same-store sales on the back of demand for its new Cloud Macchiato, Matcha tea and cold brews in the United States.

However, BTIG’s Peter Saleh was one of a number of sector analysts who said while customers forking out for higher-priced new drinks had helped drive growth in same-store sales, “anemic” traffic at cafes remained a concern.

He and others pointed to a 1 percent decline in footfall at cafes in the Chinese market, viewed as crucial to the chain’s growth for the foreseeable future.

More broadly, transaction numbers, the substitute analysts use for customer traffic, were unchanged in all three of the company’s global regions.

Shares in the company, which hit a record high after the results on Thursday, fell 1 percent in morning trade.

“We remain cautious given near-term headwinds surrounding China, including cannibalization, increasing competition (and) a slowing economy,” Wedbush analyst Nick Setyan said.

Starbucks has also poured money into beefing up its delivery network in China as it battles with local startup Luckin Coffee, whose speedy growth led it to file for an IPO in the United States earlier this week.

New menu items and partnerships with delivery services, the heart of the company’s strategy to win back customers lost to artisanal coffee shops and cheaper fast-food rivals, did help Starbucks’ sales in its home market.

However, analysts said growth in China may continue to be subdued.

Wells Fargo analyst Bonnie Herzog said she expects store expansion in China to take priority over comparable sales growth.

She downgraded her rating on Starbucks’ to “market perform” from “outperform”, arguing that the company facing tough sales comparisons later on in 2019 from last year and the current rich valuation of shares meant the stock had limited room to rise.

“Investors will be hesitant to invest new money in a stock with a topline that, while still strong, is unlikely to meaningfully accelerate,” Herzog said.

Still, the company’s solid same-store growth in the United States, improving profit margins and a lower tax rate for the rest of the year led at least 6 Wall Street brokerages to raise their price targets on the stock to as high as $81.

11 of 29 brokerages rate Starbucks “buy” or higher, 17 “hold” and 1 “sell” or lower. Their median price target is $75.

(Reporting by Uday Sampath in Bengaluru)

Source: OANN

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