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Ben Carson explains benefits of investing in ‘Opportunity Zones’ for areas facing economic challenges

Housing and Urban Development Secretary Ben Carson spoke on “The Next Revolution with Steve Hilton” in an interview that aired Sunday about proposed new regulations aimed at making it easier for investors to take advantage of tax breaks for investing in “Opportunity Zones” in low-income areas.

“Policies have been pretty much aimed at putting people into programs,” Carson said, and now the Trump administration is trying to get poor Americans “out of the programs and self-sufficient.”

President Trump said last week that 8,700 neighborhoods across all 50 states and U.S. territories have received the Opportunity Zone designation and would be eligible for the federal tax incentives he's proposed.

“The entire island of Puerto Rico is an opportunity zone,” Carson said.

“We are very concerned about the rural areas, too,” he added.

Trump’s proposed regulations were issued by the Treasury Department. They sought to clear up questions that were keeping some investors from using the incentives.

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The program was included in the $1.5 trillion tax cut legislation that Trump pushed through Congress in 2017.

The new Opportunity Zones were set up to enable private investors to re-invest profits into designated areas.

“They are going to invest that money somewhere,” Carson said.

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He noted private investors would do what they do because they “want to be successful.”

As White House officials have explained, investors in Opportunity Zones could get tax benefits by deferring their capital gains taxes invested in the zones until 2026. They also could receive discounts of up to 15 percent on capital-gains profits invested in the zones and would pay no capital-gains taxes on investments in the zones held for at least 10 years.

The Associated Press contributed to this report.

Source: Fox News Politics

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Document: Man accused of attacking officer asked to be shot

An Islamic State follower asked a Phoenix-area sheriff's sergeant during a violent encounter six weeks ago to shoot him after he threw rocks at the officer and walked toward him with a knife in hand, according to a court document authorities were forced to release Wednesday.

The probable-cause statement from the investigation of Ismail Hamed was released after The Associated Press and other news organizations protested an effort by Maricopa County Attorney Bill Montgomery's office to keep videos and other records from the Jan. 7 attack under seal. Body-camera video from the encounter and recordings from 911 calls that Hamed made before the attack were released last week.

Hamed, 18, is accused of striking the sergeant with rocks and wielding a knife in a parking lot of a sheriff's substation in suburban Fountain Hills, 30 miles (48 kilometers) northeast of Phoenix.

Investigators say Hamed ignored warnings to drop the knife and instead continued walking toward the sergeant with the weapon in his hand. Eventually, the officer shot Hamed, who fell to the ground but ultimately survived gunshot wounds to his abdomen and right shoulder.

In the 911 recordings, Hamed professed allegiance to the Islamic State. He also told a 911 operator that he was armed with a knife and rocks and wanted to speak with a sheriff's deputy as part of a protest over people suffering in the Middle East.

The probable-cause statement explains comments made by Hamed on the video that were hard to discern because of the low volume of his comments.

"Shoot me," the court document quoted Hamed as saying.

The county sheriff's office didn't immediately comment Thursday on whether Hamed was intending to die by what is known as "suicide by cop." The agency has previously declined to answer the question.

A woman at the office of Hamed's attorney, Faisal Ullah, said the law firm had no comment.

The probable-cause record said the officer feared for his life when Hamed wielded the knife, leading the officer to shoot Hamed to stop the threat.

Hamed has pleaded not guilty to the aggravated assault and terrorism charges.

The FBI has characterized the encounter between Hamed and the sergeant as a "lone wolf" attack.

Sheriff Paul Penzone had previously said he doesn't think there was an indication that Hamed planned to carry out other attacks.

It's unclear whether Hamed had contacts with members of the Islamic state.

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Follow Jacques Billeaud at twitter.com/jacquesbilleaud

Source: Fox News National

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Armed Mexican soldiers confronted US soldiers on US soil

U.S. officials say two American soldiers in a remote area of Texas were confronted by Mexican soldiers who thought they had crossed into Mexico.

The Mexican troops reportedly took the weapon from the American soldier who was armed.

U.S. defense officials say the Americans were in a Customs and Border Protection vehicle in a remote area southeast of El Paso, Texas, when the incident occurred.

The incident happened on April 13 and was first reported by Newsweek.

A Northern Command statement to The Associated Press on Tuesday said the Mexican military members believed they were on Mexican territory at the time they confronted the Americans.

The U.S. troops are at the border as part of a Trump administration effort to reduce illegal crossings.

Source: Fox News National

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U.S. judge rules against Expedia in United Airlines fare listings lawsuit

FILE PHOTO: The logo of global online travel brand Expedia is pictured at the International Tourism Trade Fair in Berlin
FILE PHOTO: The logo of global online travel brand Expedia is pictured at the International Tourism Trade Fair (ITB) in Berlin, Germany, March 9, 2016. REUTERS/Fabrizio Bensch

April 5, 2019

By Jonathan Stempel

NEW YORK (Reuters) – A federal judge in Manhattan on Friday rejected Expedia Inc’s request for an injunction that would have required United Airlines to continue providing fare data for flights after Sept. 30, when the companies’ contract ends.

U.S. District Judge Kevin Castel said Expedia had shown a “likelihood of success” on the merits of its breach of contract claim, but did not show a preliminary injunction was needed to avoid irreparable harm or serve the public interest.

An injunction would have required United, part of Chicago-based United Continental Holdings Inc, to provide Expedia with fare and schedule information for all its publicly available flights, including those after Sept. 30.

Expedia did not immediately respond to requests for comment. United had no immediate comment.

The dispute came as some carriers try to reduce distribution costs by encouraging travelers to book directly rather than through online travel agencies such as Bellevue, Washington-based Expedia.

Southwest Airlines Co has long relied on direct bookings, and JetBlue Airways Corp in October 2017 pulled its fares from several online agencies.

Expedia accused United of trying to force a renegotiation of their 2011 contract by threatening to withhold fares for flights after Sept. 30, leaving it unable to book or change tickets.

United countered that limiting fare listings would benefit travelers flying later, because the companies’ “coming divorce” would leave Expedia unable to serve them.

In his decision, Castel found no language in the contract between Expedia and United suggesting that United would withhold fare information in the final months, and no evidence that Expedia would be unable to service customers through Sept. 30.

But he also found no proof that maintaining the “contractual status quo” would irreparably harm Expedia, even if the dispute led to customer confusion and hurt its reputation.

Castel also said the public interest did not weigh in favor of a preliminary injunction.

“There is no serious issue as to the ability of members of the public to fly on their airline of their choosing,” he wrote. “Meaningful and prominent disclosure will mitigate any harm to the public.”

The case is Expedia Inc v United Airlines Inc, U.S. District Court, Southern District of New York, No. 19-01066.

(Reporting by Jonathan Stempel in New York; Editing by Richard Chang)

Source: OANN

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Toyota, Japan space agency join forces to develop moon rover

An employee works under a Toyota Motor Corp logo at the company's showroom in Tokyo
FILE PHOTO: An employee works under a Toyota Motor Corp logo at the company's showroom in Tokyo, Japan February 5, 2016. REUTERS/Toru Hanai

March 12, 2019

TOKYO (Reuters) – Toyota Motor Corp, one of the world’s largest automakers, and Japan’s space agency said on Tuesday they had agreed to cooperate in developing a manned lunar rover that runs on fuel cell technologies.

Although Japan has no plan currently to make a manned rocket that could send people into space, the rover could be a major contribution to an international space probe program in the future, the Japan Aerospace Exploration Agency (JAXA) said.

The rover “will be an important element supporting human lunar exploration, which we envision will take place in the 2030s”, JAXA Vice President Koichi Wakata told a symposium in Tokyo.

“We aim to launch such a rover into space in 2029.”

The rover is still in the conceptual stage, but an illustration in the news release showed a six-wheel vehicle that somewhat resembled an armored personnel carrier.

A spokesman for Toyota, which plans to ramp up fuel-cell cars as a zero-emission alternative to gasoline vehicles, said the project would give the company a chance to test its technologies in the moon’s harsh environment and improve them.

Toyota Executive Vice President Shigeki Terashi stressed the excitement that comes with taking part in a space project.

“As an engineer, there is no greater joy than being able to participate in a lunar project by way of Toyota’s car-making,” Terashi told the symposium.

“Being allowed to be a member of ‘Team Japan’, we would like to take up the challenge of space,” he said.

(Reporting by Kiyoshi Takenaka; Editing by Dale Hudson)

Source: OANN

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Venezuela bars Guaido from holding public office for 15 years

Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, takes part in a meeting regarding the condition of the water and electricity systems in Caracas
Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, takes part in a meeting regarding the condition of the water and electricity systems in Caracas, Venezuela, Venezuela, March 28, 2019. REUTERS/Manaure Quintero

March 28, 2019

CARACAS (Reuters) – Venezuelan opposition leader Juan Guaido is to be barred from holding public office for 15 years, the maximum punishment allowable by law, state comptroller Elvis Amoroso said on Thursday.

Amoroso said Guaido, the head of the opposition-controlled National Assembly who invoked the constitution to assume an interim presidency in January, had inconsistencies in his personal financial disclosures and a spending record that did not match his level of income.

(Reporting by Caracas newsroom; Writing by Luc Cohen, Editing by Rosalba O’Brien)

Source: OANN

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Aurora gunman's family: 'We deeply apologize' for shootings

Relatives of the man who fatally shot five people at a suburban Chicago manufacturing warehouse are offering their condolences to the victims' families, saying "we deeply apologize" for the killings.

Forty-five-year-old Gary Martin died Friday in a shootout with police after he killed five co-workers and wounded five police officers at the Henry Pratt Co. facility in Aurora, Illinois.

Martin's cousin Jesseca Clemons tells The (Aurora) Beacon-News her family "would like to send our deepest apologies to all the victims' families, friends and loved ones." She says her family is "praying for everyone" and asks for prayers as well.

Clemons says Martin's mother is grieving for her son and is asking everyone to "find it in their hearts to find forgiveness" so her family and others can move forward.

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Information from: The Beacon-News, http://beaconnews.chicagotribune.com/

Source: Fox News National

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Well, Joe Biden didn’t exactly clear the field.

I don’t think it matters much that Biden waited until yesterday to become the 20th Democrat vying for the nomination, even though it exposed him to weeks of attacks while he seemed to be dithering on the sidelines.

A much greater warning sign, in my view, is the largely negative tone surrounding his debut. He is, after all, a former vice president, highly praised by Barack Obama, who has consistently led in the early primary polls, and beating President Trump in head-to-head matchups. Yet much of the press is acting like he’s an old codger and it’s just a matter of time before he keels over politically.

This is all the more remarkable in light of the fact that the vast majority of journalists and pundits know and like Joe Biden and his gregarious personality.

The reason is that Biden, after a half-century in politics, lacks excitement, and the press is magnetically attracted to novel and unorthodox types like Beto and Mayor Pete. You don’t see Biden on the cover of Vanity Fair, and a grind-it-out win by a conventional warrior doesn’t set journalistic hearts racing.

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For many in the media, Biden isn’t liberal enough, at least not for the post-Obama era. He doesn’t promise free college and free health care and has a history of working with Republicans, such as John McCain (whose daughter Meghan loves him, and Biden will hit “The View” today.)

What’s more, Biden’s campaign style — speak at rallies, rack up union endorsements — seems hopelessly old-fashioned when we measure popularity by Instagram followers. News outlets are predicting he’ll have trouble getting in the online fundraising game, leaving him reliant on big donors, which used to be standard practice.

And then there’s the age thing. Biden would be the oldest president to be inaugurated, at 78, and he looked a step slow in encounters with reporters yesterday and a few weeks ago.

But what if the journalists are in something of a Twitter bubble, and the actual Democratic Party is much more moderate? We saw that with the spate of allegations by women of unwanted touching, which dominated news coverage until polls showed that most Dem voters weren’t concerned. In that wider world, the Scranton guy’s connection to white, working-class voters could help him against Trump in the industrial Midwest.

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Biden denounced the president’s term as an “aberrant moment” in his launch video, saying four more years would damage the country’s character and “I cannot stand by and watch that happen.”

But first, he’d have to win the nomination in the face of an unenthusiastic press corps.

A New York Times news story said Biden would be “marshaling his experience and global stature in a bid to lead a party increasingly defined by a younger generation that might be skeptical of his age and ideological moderation.”

The Washington Post quoted Democratic strategists as saying that Biden faces an “uphill battle” and “isn’t necessarily the heir apparent to Obama, despite being his No. 2 in the White House for eight years. They argue voters will judge Biden by the span of his decades-long career and are worried the veteran pol hasn’t yet found a winning formula for his own candidacy.”

The liberal Slate said the ex-veep’s rivals view him as a “paper tiger”:

“Biden is something more like a 2016 Jeb Bush: a weak establishment favorite whose time might be past … Biden’s biggest challenge in the primary will be a compromised past spanning nearly 50 years.”

“Compromised” suggests a history of scandal, yet what Slate means is political baggage, such as his backing of a Clinton-era crime bill unpopular with black voters today. Yet I think the rank and file isn’t as concerned about a vote back in 1994, or even the Anita Hill hearings, as the chattering classes.

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One of the few left-leaning pundits to suggest the press is underestimating Biden is data guru Nate Silver at 538:

“Media coverage could nonetheless be a problem for Biden. Within the mainstream media, the story of Biden winning the nomination will be seen as boring and anticlimactic. That tends not to lead to favorable coverage. Meanwhile, some left-aligned media outlets may prefer candidates who are some combination of more leftist, more wonkish, more reflective of the party’s diversity, and more adept on social media.

“If Biden is framed as being out of touch with today’s Democratic Party and that narrative is repeated across a variety of outlets, it could begin to resonate with voters who don’t buy it initially. If he’s seen as a gaffe-prone candidate, then minor missteps on the campaign trail could be blown up into big fumbles.”

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Look, it’s entirely possible that Biden could stumble, get lapped in fundraising and just be outclassed by younger and savvier rivals. He was hardly a great candidate in 1987 and in 2008.

But if the former vice president finds his footing and the field narrows, the press will be forced to change its tune, and we’ll see a spate of stories about how Joe Biden has “grown.”

Source: Fox News Politics

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South Africa's 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston
South Africa’s 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston, South Africa, April 25, 2019. REUTERS/Siphiwe Sibeko

April 26, 2019

GERMISTON, South Africa (Reuters) – Olympic 400 meters champion Wayde van Niekerk has backed South African compatriot Caster Semenya in her battle with the International Association of Athletics Federations (IAAF), which now appears to have taken a new twist.

Semenya, a double 800 meters Olympic gold medalist, is waiting for the outcome of her appeal to the Court of Arbitration for Sport (CAS) to halt the introduction of new regulations by governing body IAAF that would require her to take medicine to limit her natural levels of testosterone.

The IAAF wants female athletes with differences of sexual development who run in events from 400 meters to a mile, to reduce their blood testosterone level to below five (5) nmol/L for a period of six months before they can compete, saying they have an unfair advantage.

“She’s fighting for something beyond just track and field, she’s fighting for woman in sports, in society and I respect her for that,” Van Niekerk told reporters.

“I will support her and with the hard work and talent that she’s been putting into the sport. With what she believes in and what she’s dreaming for, I’ve got a lot of respect for her.

“I really hope and pray that everything just goes from strength to strength for her.”

Semenya has sprung a surprise at the on-going South African Athletics Championships though, ditching the 800 meters and instead competing over 1,500 and 5,000-metres – the latter one would not require her to medically lower her testosterone level.

She stormed to victory in the 5,000-metres final in a modest time of 16:05.97, but looked to have lots left in the tank as she passed the finish line.

Semenya beat fellow Olympian and defending national 5,000m champion Dominique Scott in Thursday’s final but the latter admitted she is unsure whether the 800m specialist could be a serious Olympic contender over the longer distance.

“Honestly‚ I have no idea‚” Scott said. “Before today I probably would have said no. It’s hard to compare a 5,000 at altitude to a 5,000 at sea level.

“But I think she’s an amazing runner and I don’t think there’s any limit or ceiling on what she can do.”

Van Niekerk, the 400m world record holder, had to abort his comeback from a knee injury, that had sidelined him for 18 months, following a combination of cold weather and a wet track.

“We are trying to take the correct decisions now early in the year so as not to put myself in any harm,” he said.

“It was a bit chilly this entire week prepping and coming through here as well it was quite cold and it caused bit of tightness in my leg. We decided to not risk it.

“My recovery is going well and I would like to be back in competition this year, but will only do so if I can deliver a good performance.

“I am a competitor and respect my opponents, so I need to be at my best when I return.”

(Reporting by Nick Said, additional reporting by Siyabonga Sishi; editing by Sudipto Ganguly)

Source: OANN

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The suspected leader of the Easter Sunday bombings in Sri Lanka died in the Shangri-La hotel, one of six hotels and churches targeted in the attacks that killed at least 250 people, authorities said.

Police said Mohamed Zahran, leader of the National Towheed Jamaat militant group, had been killed in one of the bombings. The group’s second in command was also arrested, police said.

Zahran amassed an online following for his hate-filled sermons. Some were delivered before a banner depicting the Twin Towers.

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people. 

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people.  (YouTube)

Australian Prime Minister Scott Morrison said Friday that the attackers responsible for the bombings were supported by the Islamic State group. Around 140 people in Sri Lanka had connections to ISIS, Sri Lankan President Maithripala Sirisena said.

“We will completely control this and create a free and peaceful environment for people to live,” he said.

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Investigators determined the attackers received military training from someone called “Army Mohideen.” They also received weapons training overseas and at some locations in Sri Lanka, according to authorities.

A copper factory operator arrested in connection with the bombings helped Mohideen make improvised explosive devices, police said. The bombings have led to increased security throughout the island nation as authorities warned of another attack.

Source: Fox News World

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A Malaysian mountain climber was being treated in a hospital in Nepal’s capital Friday after being stranded nearly two days alone near the summit of Annapurna.

A helicopter crew searching for the missing climber on Thursday spotted Wui Kin Chin waving his hands at them, and rescuers brought him down to a lower camp.

At the time of his rescue, Chin had been without an oxygen bottle, food and water for over 40 hours, said Mingma Sherpa, the head of Seven Summit Treks, which arranged his expedition.

Chin was flown to the capital, Kathmandu, on Friday and taken to a hospital, where his wife joined him.

Chin is an anesthesiologist and accomplished climber, and Sherpa credited Chin’s medical knowledge and familiarity with mountains for keeping him alive.

“It’s a big thing to stay alive in that altitude without food, water, and oxygen,” Sherpa said. He described Chin on Thursday as fine but not in condition to walk.

Chin was a part of a 13-member expedition led by a French climber and was separated from the others during the descent.

The 8,091-meter (26,545-foot) Mount Annapurna is the ninth tallest mountain in Nepal and the 10th tallest in the world. It’s considered an especially treacherous mountain due to its difficult terrain and weather conditions.

Source: Fox News World

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Spain’s prime minister says he’s open to a coalition with an anti-austerity party, hinting for the first time at a possible center-left governing alliance after Sunday’s national election.

In an interview published Friday by El Pais newspaper, Socialist leader Pedro Sánchez says “it isn’t a problem” for the far-left United We Can to become part of his Cabinet if he wins the tight race.

With Spain’s electoral law banning polls during the last week of campaigning, it’s unclear if the two parties will emerge strong enough in the lower house of parliament or whether a right-wing alliance could assemble a majority.

Sánchez is calling on Spaniards to cast a “useful vote” and has warned that the rise of the far right in polls could be underestimated given the large pool of undecided voters.

Source: Fox News World

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