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McConnell backs push for investigation of Russia probe missteps

McConnell speaks at AIPAC in Washington
Senate Majority Leader Mitch McConnell pauses while speaking at AIPAC in Washington, U.S., March 26, 2019. REUTERS/Kevin Lamarque

March 26, 2019

WASHINGTON (Reuters) – The top Republican in the U.S. Senate said on Tuesday he supported a push by a Republican colleague for an inquiry into potential law enforcement missteps in a probe of possible collusion between President Donald Trump’s campaign and Russia.

“I think Senator (Lindsey) Graham has raised a legitimate question,” Senate Majority Leader Mitch McConnell told reporters. “I think it’s not inappropriate for the chairman of the Judiciary Committee, with jurisdiction over the Justice Department, to investigate possible misbehaviors.”

Graham, who heads the panel, said on Monday he wanted to see a special counsel appointed to look into the origins of a Foreign Intelligence Surveillance Act warrant for former Trump adviser Carter Page.

The warrant was based in part on information in a dossier on Trump compiled by Christopher Steele, a former British intelligence officer who co-founded a private intelligence firm.

Graham said he would use the panel’s subpoena power if necessary, whether or not a special counsel is appointed, to look into the matter.

Graham’s call for an investigation came one day after Attorney General William Barr said a report by Special Counsel Robert Mueller found that Trump’s campaign did not conspire with Moscow.

(Reporting by Richard Cowan; Writing by Makini Brice and Tim Ahmann; Editing by Susan Thomas)

Source: OANN

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Sen. Blumenthal: Barr Must 'Stand Up, Speak Out' for DOJ

Sen. Richard Blumenthal, D-Conn., on Thursday said Attorney General William Barr has to "stand up" for the Justice Department when special counsel Robert Mueller finishes his report.

Blumenthal told CNN's "New Day" that Barr is in for a "wild ride" once Mueller completes his report on Russian interference in the 2016 presidential election.

"That means [Barr] has to make a decision: Is he going to be the people's lawyer or is he going to be the president's lawyer?" the senator said. "Clearly, this president regards the attorney general as one of his minions.


"He has no respect for the law, in fact, utter contempt for judges and the judicial process and he has denounced relentlessly the FBI and other law enforcement," Blumenthal continued. "Absolutely unprecedented, shattering all the norms."



"William Barr is a professional, at least he should be," he said. "And he's going to have to stand up and speak out for the Department of Justice and the rule of law. And that will make his ride pretty wild."

Source: NewsMax America

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Swiss drugmaker Roche says to shutter Rio de Janeiro plant

FILE PHOTO: Roche tablets are seen positioned in front of a displayed Roche logo in this photo illustration shot in Zenica
FILE PHOTO: Roche tablets are seen positioned in front of a displayed Roche logo in this photo illustration shot in Zenica, Bosnia and Herzegovina, January 22, 2016. REUTERS/Dado Ruvic/File Photo

March 26, 2019

(Reuters) – Swiss drugmaker Roche will close its manufacturing plant in the Brazilian city of Rio de Janeiro, shuttering operations over the next five years before selling the plot, the company said in a statement on Tuesday.

Located in the neighborhood of Jacarepagua, the plant makes products for Latin America and Europe, and currently employees 440 Roche workers and around 200 contractors, the company said.

“In light of the evolving product portfolio and future lower production volumes, Roche took the difficult decision to plan the phase-out of operations at the manufacturing site in Rio de Janeiro,” the company said.

“Employees on site will receive the best possible support during the coming years, while Roche stays committed to reliably supply high-quality products to patients until closure of the site.”

It added that it would continue to operate in Brazil at its two plants in Sao Paulo and Goias states.

(Reporting by Brad Haynes; Editing by Chris Reese)

Source: OANN

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Futures higher on trade optimism; inflation data awaited

Traders work on the floor at the NYSE in New York
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 22, 2019. REUTERS/Brendan McDermid

March 29, 2019

By Shreyashi Sanyal

(Reuters) – U.S. stock index futures rose on Friday, the last trading day of the quarter, as the latest round of U.S.-China trade talks ended on a positive note and investors awaited inflation data.

U.S. Treasury Secretary Steven Mnuchin said he held “constructive” talks in Beijing, concluding the latest round of dialogue, which will be followed by a round in Washington next week.

Meanwhile, the benchmark 10-year Treasury yields has been inching higher after coming off its 15-month lows in the previous session as investors start adjusting to the dovish move by the global central banks.

Wall Street was rattled by fears of economic growth after the Federal Reserve abandoned projections for any interest rate hikes in 2019 and the U.S. Treasury yield curve inverted for the first time since 2007 last week.

Still, the benchmark S&P 500 index was set to post its best quarterly gain since September 2009.

The yield curve between three-month bills and 10-year notes remains inverted, and if it persists, it could indicate a recession is likely in one to two years. [US/]

A gradual rise in 10-year Treasury yields has lifted the shares of big lenders in premarket trading. JPMorgan Chase & Co, Bank of America and Goldman Sachs rose between 0.8 percent and 1 percent. For further clues on inflation, investors will keep a close watch on the Commerce Department’s personal consumption expenditures (PCE) price index, the Fed’s preferred inflation gauge.

The report, due at 8:30 a.m. ET, will likely show consumer spending remained flat in January from the previous month.

At 7:15 a.m. ET, Dow e-minis were up 107 points, or 0.42 percent. S&P 500 e-minis were up 11.5 points, or 0.41 percent and Nasdaq 100 e-minis were up 34 points, or 0.46 percent.

GDP data on Thursday showed the domestic economy slowed more than initially thought in the fourth quarter, keeping growth in 2018 below the 3 percent annual target, and corporate profits failed to rise for the first time in more than two years.

Wells Fargo was up 2 percent after it said Tim Sloan will resign immediately as chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal.

Gilead Science rose 2.8 percent after the drugmaker’s Belgian partner Galapagos said it had seen positive results from several trials of its arthritis drug.

DowDuPont fell 1.6 percent after two brokerages cut their price targets for the chemical company’s stock, citing bad weather and margin pressures.

A separate report at 10 a.m. ET, is expected to show new home sales having grown to 620,000 units in February, up from 607,000 units in January.

(Reporting by Shreyashi Sanyal and Amy Caren Daniel in Bengaluru; Editing by Arun Koyyur)

Source: OANN

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New Zealand’s new gun laws get final assent to take effect

New Zealand's governor general has formally signed into effect sweeping gun laws outlawing military style weapons, less than a month after a man used such guns to kill 50 people and wound dozens at two mosques in Christchurch.

Governor General Patsy Reddy signed the bill Thursday as police said a buyback program will be announced to collect the now-banned weapons. The weapons will be illegal starting at midnight, but police said an amnesty will be in effect until details of the buyback are announced.

The House of Representatives passed the legislation by a final vote of 119 to 1 Wednesday. Anyone who retains such a weapon now faces a penalty of up to five years in prison. Exemptions allow heirloom weapons or those used for professional pest control.

Source: Fox News World

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Texas man brandished BB gun, hit man and 10-year-old girl with hammer, police say

A Texas man was arrested this week after allegedly brandishing a BB gun and hitting two people – including a 10-year-old girl – with a hammer, according to a report.

Brayan Mejia Hernandez, 31, arrived at a Dallas home around 1:40 a.m. and pointed what looked like a black handgun at a man whom he accused of “attempting to have relations” with the mother of his son, an arrest warrant affidavit said.

Mejia then hit the man’s arm and leg with a hammer, according to the affidavit. He also hit a 10-year-old girl in the forehead, the Dallas Morning News reported, citing police. The girl was reportedly treated at the scene for her injuries. Neither her medical condition nor her relationship to Mejia were immediately clear.

FLORIDA AUTHORITIES ARREST DAD ACCUSED OF KILLING WIFE, YOUNG DAUGHTER WITH MACHETE

Responding officers determined that the black handgun was actually a BB gun, the affidavit said. The officers also said Mejia was in possession of marijuana, according to the affidavit.

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Mejia was booked into the Dallas County jail on Sunday and later released after posting bond, the Morning News reported. He faces charges of aggravated assault with a deadly weapon, injury to a child, and possession of marijuana, the report said.

Source: Fox News National

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Mom arrested after 2 of her 3 children drown in locked SUV

Police say a 25-year-old Mississippi woman has been arrested after two of her three children drowned when she left them in a locked car and it rolled into a creek.

The Clarion-Ledger reports Leland police charged Jenea Monique Payne on Monday with two counts of negligent homicide and one of child neglect.

Payne's third child, 2-year-old Raelynn Johnson, was rescued Saturday as Payne's SUV floated downstream. When divers found the vehicle about two hours later, the bodies of 4-year-old Steve Smith and 1-year-old Rasheed Johnson Jr. were inside.

WLBT reports that Leland's fire chief was among the rescuers.

Police say Payne told investigators she left the children for five or 10 minutes while she went into a convenience store.

Leland is about 85 miles (135 kilometers) northwest of Jackson.

Source: Fox News National

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FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo

April 26, 2019

By Aditi Shah and Abhirup Roy

NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline.

Jet, which previously had a fleet of around 120 largely Boeing Co planes, was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds.

The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.

Fares from India to cities such as Dubai, London, New York, Singapore and Bali in the first quarter of 2019 rose between 4 percent and 32 percent from a year ago, according to Indian travel portal MakeMyTrip Ltd.

In the peak travel months of May and June, fares to London have spiked as much as 36 percent and tickets to San Francisco are up nearly 20 percent from a year ago, according to data from travel portal Yatra.com.

“For the next three months it’s actually bonanza time for international players,” said Ashish Nainan, a research analyst at CARE Ratings. “At least until the middle of June, the fares are not going to come down.”

Due to rising demand, even before Jet’s lessors grounded planes, carriers such as British Airways, Cathay Pacific Airways Ltd, Singapore Airlines Ltd and United Airlines saw an up to a 27 percent increase in passenger numbers from India in the last quarter of 2018, data from India’s aviation regulator showed. That is the latest period for which the data is available.

India is one of the world’s fastest-growing aviation markets, clocking 15-20 percent domestic growth in recent years. It has long had only two full-service long-haul carriers, state-run Air India and Jet.

Jet is now hoping to be bailed out by a new investor, with final bids due on May 10.

INCREASING CAPACITY

Before its grounding, Jet had the biggest share of India’s outbound international air traffic, carrying 12 percent of the 7.8 million passengers headed overseas in the Oct-Dec quarter, down from 14 percent a year earlier, data from the Directorate General of Civil Aviation showed.

For an interactive graphic on Jet’s market share, click https://tmsnrt.rs/2WvDQYi

For an interactive graphic on average daily flights by the airline, click https://tmsnrt.rs/2FeFDel

The total number of passengers traveling overseas with Jet fell 10 percent during the last quarter of 2018 even as the outbound travel market grew about 5 percent.

Meanwhile, Singapore Airlines posted a 27 percent increase in passengers from India, Cathay registered 17 percent growth and British Airways saw a 10 percent rise in the same period.

Cathay said the events at Jet combined with increasing demand for travel had led it to deploy larger aircraft with more seats on some Indian routes.

“In the long term we would certainly like to be able to offer more capacity into India, not just on our existing routes but by establishing new services to secondary cities,” Cathay said in a statement.

Singapore Airlines, in an email to Reuters, said the Indian market is “very promising” but declined to give details of airfare levels or demand patterns in the wake of Jet’s exit, citing a quiet period before the release of its annual results.

DOMESTIC GAINS

Jet’s grounding has also had a big impact on the domestic market, with inter-city air fares to major cities such as New Delhi, Mumbai, Bengaluru and Kolkata soaring more than 20 percent in May and June, according to Yatra.com.

The spike in fares is expected to underpin strong earnings for IndiGo and SpiceJet Ltd, which are set to report results for the quarter ended March 31 in the coming weeks.

“Domestic Indian carriers are the main benefactors, but I suspect if Jet fails to be revived by May 10 then Vistara and other airlines that ply international routes, particularly the lucrative Gulf market, are the main winners,” said Shukor Yusof, the head of aviation consultancy Endau Analytics. Vistara is a joint venture of India’s Tata Sons and Singapore Airlines.

Inadequate bilateral traffic rights between India and other countries, however, could be an impediment to foreign carriers’ hopes of winning business lost by Jet, some analysts said.

“Even before Jet’s operational shutdown, international capacity was significantly constrained,” said Kapil Kaul, CEO for South Asia of consultancy CAPA. “We have now more serious capacity challenge … this is unlikely to be stabilized in the near term.”

A new national government likely to be in place sometime after elections end in May is expected to address the international capacity constraints, and once bilateral agreements are eased airlines including Emirates, Turkish and Qatar would immediately benefit, said Kaul.

“We would love to add more flights but we are at the limit of the allocation granted to us for traffic rights,” Emirates Chief Commercial Officer Thierry Antinori told reporters in Dubai on Wednesday.

(Additional reporting by Alexander Cornwell in Dubai, Jamie Freed in Singapore and Tanvi Mehta in Mumbai; Editing by Muralikumar Anantharaman)

Source: OANN

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FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the NYSE in New York
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid

April 26, 2019

By Pushkala Aripaka and Ankur Banerjee

(Reuters) – AstraZeneca Plc beat first-quarter sales and earnings expectations on Friday as the British drugmaker benefited from a push into cancer drugs and emerging markets including China.

Newer treatments such as lung cancer drug Tagrisso, now the company’s top selling medicine, have helped the drugmaker’s return to growth after years of crumbling sales due to patent losses on older drugs.

Sales in China have shown explosive growth, more than doubling since 2012, but AstraZeneca executives on Friday said that may not be sustained.

“The enormous growth you currently see in China, 28 percent, probably is not sustainable, but we feel very bullish that the growth will continue to be at a pace of between 15 percent and 20 percent,” Ruud Dobber, executive vice president, BioPharma, told Reuters.

Shares of the company were down 0.2 percent at 5,878 pence at 1031 GMT.

The turnaround in AstraZeneca’s fortunes has been powered by a push into cancer treatments led by Chief Executive Pascal Soriot, who saw off a 2014 takeover bid from Pfizer in part by promising annual sales of $45 billion by 2023.

In the first quarter, sales from its oncology unit rose 59 percent to $1.89 billion, accounting for 35 percent of total product sales.

The company has moved deeper into cancer therapy market through wide-ranging deals, including those for immunotherapy and targeted therapy. Last month, it agreed a multi-billion dollar oncology deal with Japan’s Daiichi Sankyo Co Ltd.

Interactive graphic on AZN’s top 10 drugs by sales – https://tmsnrt.rs/2W5XIRX

“We’re reaching that point where after years of having to keep faith, we have actually got something tangible to believe in,” Hargreaves Lansdown analyst Nicholas Hyett said.

AstraZeneca also backed its annual sales and earnings forecast and said it has extensively prepared for UK’s anticipated exit from the European Union, even in the event of a no-deal exit.

The company has already spent more than 40 million pounds ($52 million) on Brexit preparations, including stockpiling six weeks’ worth of drugs in the UK and four weeks in continental Europe to guard against shortages.

AstraZeneca said product sales rose 14 percent at constant currency to $5.47 billion in the quarter, led by its lung cancer drug Tagrisso and respiratory treatment Pulmicort.

Interactive graphic on AZN’s quarterly oncology sales – https://tmsnrt.rs/2W9tbCD

China sales increased by 28 percent to $1.24 billion in the quarter, accounting for nearly a quarter of overall product sales.

Core earnings came in at 89 cents per share in the quarter. Analysts on average were expecting core earnings of 85 cents per share and product sales of $5.29 billion, according to a company provided consensus of 19 analysts.

(Reporting by Pushkala Aripaka and Ankur Banerjee in Bengaluru; Editing by Bernard Orr/Keith Weir)

Source: OANN

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It’s the type of crime that doesn’t happen every day.

Police in the suburbs of Philadelphia say three suspects broke into a medical facility in Wynnewood, Pennsylvania, last Saturday and fled with 18 colonoscopies – devices used for examining the health of patients’ colons.

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

Suspects are seen leaving a medical facility in Wynnewood, Pa., allegedly carrying 18 colonoscopes worth about $450,000. (Lower Merion Police Department)

AMERICAN SUPERMODEL PAT CLEVELAND ‘STAYING STRONG’ FOLLOWING COLON CANCER DIAGNOSIS

The devices were reportedly worth a total of about $450,000, authorities said.

But police were perplexed about what the suspects might have planned to do with the instruments.

“This is not something that a typical pawn shop might accept,” Lower Merion Police Detective Sergeant Michael Vice told Philadelphia’s WCAU-TV. “My feeling would be that it was some type of black market sales.”

Such a market apparently does exist, Lower Merion Police Superintendent Michael J. McGrath told Philly.com.

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“They appeared to know precisely where to go, and they pried the door open,” McGrath said of the suspects, who were captured on surveillance video leaving the facility, carrying bulging backpacks.

Police are hoping the suspects will be caught in the end.

Source: Fox News National

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Britain's Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador's residence in Beijing
Britain’s Chancellor of the Exchequer Philip Hammond looks on during an interview with Reuters at the British Ambassador’s residence in Beijing, China April 26, 2019. REUTERS/Florence Lo/Pool

April 26, 2019

BEIJING (Reuters) – British finance minister Philip Hammond said on Friday that he had a “very constructive meeting” with his counterpart in the opposition Labour Party before leaving for Beijing and that he was optimistic about finding common ground.

Hammond, speaking on the sidelines of a summit on China’s Belt and Road initiative in Beijing, said talks with Labour aimed at finding a way forward on Brexit had not stalled.

“I’m optimistic that we will find common ground,” he said. “Both sides have got clear positions and both sides will have to compromise in order to reach an agreement.”

Hammond added that he absolutely did not favor a no deal exit from the European Union.

(Reporting by Ben Blanchard; editing by Darren Schuettler)

Source: OANN

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Police secure the area where the body of a woman was discovered near the village of Orounta
Police secure the area where the body of a woman was discovered near the village of Orounta, Cyprus, April 25, 2019. REUTERS/Stefanos Kouratzis

April 26, 2019

NICOSIA (Reuters) – Cypriot police searched on Friday for more victims of a suspected serial killer, in a case which has shocked the Mediterranean island and exposed the authorities to charges of “criminal indifference” because the dead women were foreigners.

The main opposition party, the left-wing AKEL, called for the resignation of Cyprus’s justice minister and police chief.

Police were combing three different locations west of the capital Nicosia for victims of the suspected killer, a 35-year-old army officer who has been in detention for a week.

The bodies of three women, including two thought to be from the Philippines, have been recovered. Police sources said the suspect had indicated the location of the third body, found on Thursday, and had said the person was “either Indian or Nepali”.

Police said they were searching for a further four people, including two children, based on the suspect’s testimony.

“These women came here to earn a living, to help their families. They lived away from their families. And the earth swallowed them, nobody was interested,” AKEL lawmaker Irene Charalambides told Reuters.

“This killer will be judged by the court but the other big question is the criminal indifference shown by the others when the reports first surfaced. I believe, as does my party, that the justice minister and the police chief should resign. They are irrevocably exposed.”

Police have said they will investigate any perceived shortcomings in their handling of the case.

One person who did attempt to alert the authorities over the disappearances, a 70-year-old Cypriot citizen, said his motives were questioned by police.

The bodies of the two Filipino women reported missing in May and August 2018 were found in an abandoned mine shaft this month. Police discovered the body of the third woman at an army firing range about 14 km (9 miles) from the mine shaft.

Police are now searching for the six-year-old daughter of the first victim found, a Romanian mother who disappeared with her eight-year-old child in 2016, and a woman from the Phillipines who vanished in Dec. 2017.

The suspect has not been publicly named, in line with Cypriot legal practice.

A public vigil for the missing was planned later on Friday.

(Reporting By Michele Kambas; Editing by Gareth Jones)

Source: OANN

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