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Netflix in talks to buy Hollywood’s historic Egyptian Theatre: source

FILE PHOTO: Grauman's Egyptian theatre is seen as preparations continue for the 81st Academy Awards in Hollywood, California
FILE PHOTO: Grauman's Egyptian theatre is seen as preparations continue for the 81st Academy Awards in Hollywood, California February 19, 2009. REUTERS/Danny Moloshok/File Photo

April 9, 2019

LOS ANGELES (Reuters) – Netflix Inc is in discussions to buy the Egyptian Theatre, a historic movie house in the heart of Hollywood, a source with knowledge of the matter said on Tuesday.

The world’s dominant streaming service would use the Los Angeles venue to host film premieres and other industry events, the source said. There are no current plans to sell tickets to the public.

Netflix has been at odds with many theater owners because it has resisted the traditional industry practice of showing films exclusively in cinemas for roughly 90 days. Instead, Netflix sends theatrical releases to its online service on the same day or just a few weeks after they hit the big screen.

The Egyptian Theatre opened in 1922 with the first-ever movie premiere, a screening of “Robin Hood” starring Douglas Fairbanks.

The current owner is the non-profit American Cinematheque, which hosts screenings of classic films and would still offer programming on weekends, according to the source.

American Cinematheque did not immediately respond to a request for comment.

(Reporting by Lisa Richwine, Editing by Rosalba O’Brien)

Source: OANN

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Renault pushes back decision over Ghosn’s 2018 pay

Former Nissan Motor Chairman Carlos Ghosn arrives at his place of residence in Tokyo
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn arrives at his place of residence in Tokyo, Japan, March 8, 2019. REUTERS/Issei Kato

March 15, 2019

PARIS (Reuters) – French carmaker Renault said on Friday that it had decided to push back a decision regarding the 2018 pay package for ousted boss Carlos Ghosn.

“The board of directors will meet again in April to make its conclusions,” said Renault.

Earlier this week, Japan’s Nissan and Renault said they would retool the world’s top car-making alliance to put themselves on a more equal footing, breaking up the all-powerful chairmanship previously wielded by Ghosn.

Ghosn is facing trial in Japan for failing to disclose some $82 million in income he had arranged to be paid later, as well as transferring personal investment losses to Nissan when he was chief executive. He denies any wrongdoing.

Ghosn is credited for rescuing Nissan from near-bankruptcy in 1999.

Renault bought 43 percent of Nissan ahead of the 1999 rescue. Nissan holds a 15 percent, non-voting stake in Renault, while Renault’s top shareholder is the French government.

(Reporting by Gilles Guillaume; Editing by Sudip Kar-Gupta)

Source: OANN

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Bomb in Somalia’s capital injures 6 near police academy

A Somali police officer says a car bomb exploded near the gate of a police academy in the capital, Mogadishu, injuring six people on Thursday evening.

Capt. Mohamed Hussein said that the blast was apparently targeting the Gen. Kahiye Police Academy.

There were no immediate details about the type of blast which comes a day after Somali police warned against a potential attack by a suicide car bomber in Mogadishu.

Responsibility for the blast was not immediately claimed, but Somalia's Islamic extremist rebels, al-Shabab, frequently carry out such attacks in the capital.

Source: Fox News World

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Judge blocks Trump’s small-business health insurance plan

WASHINGTON -- A federal judge has struck down a small-business health insurance plan widely touted by President Donald Trump, the second setback in a week for the administration's health care initiatives.

U.S. District Judge John D. Bates wrote in his opinion late Thursday that so-called "association health plans" were "clearly an end-run" around consumer protections required by the Obama-era Affordable Care Act.

On Wednesday, another federal judge blocked the Trump administration's Medicaid work requirements for low-income people.

The plans at issue in Bates' ruling Thursday allow groups of small businesses and sole proprietors to band together to offer lower-cost coverage that doesn't have to include all the benefits required by the ACA, often called "Obamacare." They also can be offered across state lines, an attempt to deliver on a major Trump campaign promise.

Trump, a Republican, has eagerly talked up the plans, saying they're doing record business by offering "tremendous health care at very small cost." But the Labor Department regulation authorizing them only took effect last summer, and they don't seem to have made a major impact on the market. Initial estimates said 3 million to 4 million people eventually would enroll, compared with more than 160 million Americans covered by current employer plans.

New York Attorney General Letitia James, who joined other Democratic state officials in suing the Trump administration, said the judge "saw past the Trump administration's transparent effort to sabotage our health care system and gut these critical consumer protections in the service of its own partisan agenda."

Many state officials see federal insurance regulation of small-business plans as infringing on their own traditional authority.

The Trump administration, unable to repeal "Obamacare" in Congress, has tried to use its rule-making powers to open up a pathway for alternatives. In the case of small-business plans, the administration's regulation granted them similar flexibility on benefits as enjoyed by big companies. Most large employer plans are not subject to state regulations, and the Obama law did not make major changes to them either.

But Bates wrote that treating small businesses and sole proprietors similarly to major employers "creates absurd results."

Bates was nominated to the federal bench by then-President George W. Bush, a Republican. His ruling seems to signal limits to how far the Trump administration can advance with its strategy of relying on regulations to transform health care.

It wasn't immediately clear how the Trump administration would respond, but officials have said they will keep moving ahead with the president's agenda.

Trump has made a sharp turn back to health care this week, with the administration joining the side of Texas and other GOP-led states seeking to completely overturn "Obamacare" as unconstitutional. At the same time, Trump has been promising a new health care plan that would be much better than "Obamacare," tweeting that Republicans will become "the Party of Great HealthCare!"

But there's no indication that the White House, executive branch agencies like Health and Human Services or Republicans in Congress are working on a comprehensive plan. Many congressional Republicans see the Texas lawsuit as a political land mine. If "Obamacare" is overturned Republicans would be on the hook in the 2020 election year to come up with an alternative.

The GOP turmoil over health care has come as a boon to Democrats, who are looking to change the subject from special counsel Robert Mueller's conclusion that the Trump campaign did not conspire with the Russian government to sway the 2016 election. House Speaker Nancy Pelosi this week joined in unveiling legislation that would shore up and expand the ACA, allowing many more middle-class households to qualify for assistance paying their premiums.

Source: Fox News Politics

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Police don’t believe missing five-year-old Illinois boy was abducted or wandered off

Following a frantic search for a missing five-year-old boy, police have revealed that they do not believe he was abducted or wandered away from his suburban Chicago home.

The parents of Andrew "AJ" Freund told police on Thursday that they last saw their son when they put him to bed around 9 p.m. the previous night and had no idea what happened to him. Police are now saying that they're placing a renewed focus on the home after dogs "only picked up Andrew's 'scent' within the residence indicating that Andrew had not walked away on foot," ABC 7 reports.

"(T)here is no indication that would lead police to believe that an abduction had taken place," Crystal Lake Police Department said in a press release.

An investigation is still ongoing as AJ has yet to be found after police searched about 373 acres of the surrounding area on foot, and another 500 acres using drones. On Thursday, teams used sonar to check the nearby Crystal Lake and beach area to no avail.

It was additionally revealed that there have been previous allegations of abuse and neglect against AJ's mother, JoAnn Cunningham. The Illinois Department of Child and Family services has "been involved with the family" since AJ was born, a spokesperson said.

Shortly after his birth, he was brought into the department's custody, and he resided in the care of someone other than his parents from 2015 to 2018. The parents have another child who was reportedly living in the home up until AJ's disappearance this week and has now been placed with another family.

POLICE RELEASE FOOTAGE OF AURORA, ILLINOIS WAREHOUSE SHOOTING

MAN WHO CLAIMED TO BE TIMMOTHY PITZEN CHARGED WITH LYING TO FBI

In March and December of 2018, the department was called to AJ's home on reports of abuse and neglect, which were ultimately unfounded, the spokesperson added.

Through her lawyer, Ms. Cunningham denied any insinuation that she was involved in her son's disappearance.

She "doesn't know what happened to AJ, and had nothing to do with the disappearance of AJ," her attorney George Kililis said. "Ms. Cunningham is worried sick. She is devastated."

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While speaking on television this week, AJ's father, Andrew Freund Sr., addressed his son directly.

"AJ, please come home," he said. "We love you very much. You're not in any trouble. We're just worried to death. Please, please come home."

Source: Fox News National

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Qualcomm aims to take on Nvidia, Intel with new AI chips

FILE PHOTO: Qualcomm and 5G logos are seen at the Mobile World Congress in Barcelona
FILE PHOTO: Qualcomm and 5G logos are seen at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Sergio Perez

April 10, 2019

By Stephen Nellis

SAN FRANCISCO (Reuters) – Qualcomm Inc on Tuesday unveiled a new chip for speeding up artificial intelligence work, aiming to diversify beyond its stronghold in mobile phone chips and into a fast-growing market now dominated by Nvidia Corp and Intel Corp.

At an event in San Francisco, Qualcomm said it plans to begin testing its new Cloud AI 100 chip with partners such as Microsoft Corp later this year, with mass production likely to begin in 2020.

Qualcomm’s new chip is designed for what artificial intelligence researchers call “inference” – the process of using an AI algorithm that has been “trained” with massive amounts of data in order to, for example, translate audio into text-based requests.

Analysts believe chips for speeding up inference will be the largest part of the AI chip market.

Nvidia has released special chips for the task and Intel is working with Facebook Inc on one that will be released later this year. Cloud computing vendors such as Amazon.com’s Amazon Web Services and Alphabet Inc’s Google Cloud unit are also making their own inference chips.

All that activity means Qualcomm is entering a crowded field behind its rivals.

But Cristiano Amon, Qualcomm’s president and the chief of its chip division, said the San Diego company is taking a different approach by aiming to serve the smaller, simpler data centers that are proliferating around the world so that consumers can benefit from faster response times for their internet-connected apps.

In order to serve those smaller “edge” data sites, Qualcomm is focusing on AI chips that consume small amounts of electricity and generate little heat – a specialty it developed when making chips for mobile phones, which run on small batteries and live in pockets.

Rivals such as Intel and Nvidia make more powerful chips that dominate in centralized data centers that suck up electricity and need complex cooling systems.

“You can’t rely on big [data center] buildings with air conditioning,” Amon told reporters at the San Francisco event. “That’s our bet – performance per watt leadership.”

Qualcomm tried before to parlay its mobile chip expertise into data center sales, when it aimed to compete directly with Intel’s core business by selling CPU chips based on mobile phone chip technology. That effort has largely been wound down as a cost-cutting measure.

“I think this is a good start for Qualcomm, but they have a lot to prove in the higher performance accelerator space,” said Patrick Moorhead, founder of Moor Insights & Strategy.

(Reporting by Stephen Nellis in San Francisco; Editing by Sonya Hepinstall)

Source: OANN

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Soccer: U.S. women rout Belgium in World Cup tune-up

Soccer: International Friendly Wonens Soccer-Belgium at USA
Apr 7, 2019; Los Angeles, CA, USA; USA forward Alex Morgan (13) celebrates with teammates as Belgium defender Laura Deloose (22) reacts during the second half at Banc of California Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports

April 8, 2019

By Rory Carroll

LOS ANGELES (Reuters) – The United States women’s national team pumped in four first half goals en route to a 6-0 romp against Belgium in a one-sided friendly as the reigning World Cup champions continue to build momentum ahead of their title defense in France in June.

Carli Lloyd opened their account with a leaping header off a long pass from Tierna Davidson that found the bottom corner of the goal in the 14th minute.

Five minutes later, the veteran midfielder unleashed another header to a nearly identical spot in the net to send the nearly 21,000 fans at the Banc of California Stadium in Los Angeles into a frenzy on a warm Southern California night.

“I know who I am. I know what I’m capable of,” Lloyd, who was making her first start this year, told reporters after the match.

Forward Lindsey Horan nodded in a goal off a corner kick past diving Belgian goalkeeper Nicky Evrard in the 26th minute and midfielder Samantha Mewis effectively put the game out of Belgium’s reach with a header to put the hosts 4-0 ahead.

Forward Alex Morgan came on as a substitute to start the second half and scored two minutes later when she broke free of her defender, took a pass from Lloyd, and chipped a shot over Evrard’s head for her 101st career goal.

Forward Jessica McDonald completed the rout with a header off a set-piece move in the 90th minute as the team improved to 4-1-2 in 2019.

The match was the last for the U.S. before the team selects its World Cup roster, which will look to bring the team home its fourth title.

(Reporting by Rory Carroll; Editing by Amlan Chakraborty)

Source: OANN

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Park Yoo-chun, a K-pop idol singer, arrives at the Suwon district court in Suwon
Park Yoo-chun, a K-pop idol singer, arrives at the Suwon district court in Suwon, South Korea, April 26, 2019. REUTERS/Kim Hong-Ji

April 26, 2019

SEOUL (Reuters) – K-pop and drama star Park Yu-chun was arrested on Friday on charges of buying and using illegal drugs, a court said, the latest in a series of scandals to hit the South Korean entertainment business.

Suwon District Court approved the arrest warrant for Park, 32, due to concerns over possible destruction of evidence and flight risk, a court spokesman told Reuters.

Park is suspected of having bought about 1.5 grams of methamphetamine with his former girlfriend earlier this year and using the drug around five times, an official at the Gyeonggi Nambu Provincial Police Agency said.

Park has denied wrongdoing, saying he had never taken drugs, and he again denied the charges in court, Yonhap news agency said.

Park’s contract with his management agency had been canceled and he would leave the entertainment industry, Park’s management agency, C-JeS Entertainment, said on Wednesday.

Park was a member of boyband TVXQ between 2003 and 2009 before leaving the group with two other members, forming the group JYJ.

A scandal involving sex tapes, prostitutes and secret chat about rape led at least four other K-pop stars to quit the industry earlier this year.

The cases sparked a nationwide drugs bust and investigations into tax evasion and police collusion at night clubs and other nightlife spots.

(Reporting by Joyce Lee; Additional reporting by Heekyong Yang; Editing by Nick Macfie)

Source: OANN

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FILE PHOTO: An American Airlines Boeing 737 MAX 8 flight taxis after landing at Reagan National Airport in Washington
FILE PHOTO: An American Airlines Boeing 737 MAX 8 flight from Los Angeles taxis after landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States over safety issues in Washington, U.S. March 13, 2019. REUTERS/Joshua Roberts/File Photo

April 26, 2019

(Reuters) – American Airlines Group Inc cut its 2019 profit forecast on Friday, saying it expected to take a $350 million hit from the grounding of Boeing’s 737 MAX planes after cancelling 1,200 flights in the first quarter.

The company said it now expects its 2019 adjusted profit to be between $4.00 per share and $6.00 per share.

Analysts on average had expected 2019 earnings of $5.63 per share, according to Refinitiv data.

The No. 1 U.S. airline by passenger traffic said net income rose to $185 million, or 41 cents per share, in the first quarter ended March 31, from $159 million, or 34 cents per share, a year earlier.

Total operating revenue rose 2 percent to $10.58 billion.

(Reporting by Sanjana Shivdas in Bengaluru)

Source: OANN

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2020 Democratic presidential candidate Pete Buttigieg speaks at a campaign event in Des Moines, Iowa
2020 Democratic presidential candidate Pete Buttigieg speaks at a campaign event in Des Moines, Iowa, U.S., April 16, 2019. REUTERS/Elijah Nouvelage

April 26, 2019

By James Oliphant

MARSHALLTOWN, Iowa (Reuters) – Four years ago, Donald Trump campaigned in small towns like Marshalltown, Iowa, vowing to restore economic prosperity to the U.S. heartland.

In his bid to replace Trump in the White House, Pete Buttigieg is taking a similar tack. The difference, he says, is that he can point to a model of success: South Bend, Indiana, the revitalized city where he has been mayor since 2012.

The Democratic presidential contender has vaulted to the congested field’s top tier in recent weeks, drawing media and donor attention for his youth, history-making status as the first openly gay major presidential candidate and a resume that includes military service in Afghanistan.

But Buttigieg’s main argument for his candidacy is that he is a turnaround artist in the mold of Trump, although the Democrat does not expressly invoke the comparison with the Republican president.

“I’m not going around saying we’ve fixed every problem we’ve got,” Buttigieg, 37, said after a house party with voters in Marshalltown. “But I’m proud of what we have done together, and I think it’s a very powerful story.”

Critics argue improving the fortunes of a Midwestern city of 100,000 people does not qualify Buttigieg, who has never held national office, for the presidency of a country of 330 million. Others say South Bend still has pockets of despair and that minorities, in particular, have failed to benefit from its growth.

Buttigieg has told crowds in Iowa and elsewhere that his experience in reviving a struggling Rust Belt community allows him to make a case to voters that other Democratic candidates cannot. That may give him the means to win back some of the disaffected Democratic voters who turned their backs on Hillary Clinton in 2016 to vote for Trump.

Watching Buttigieg at a union hall in Des Moines last week, Rick Ryan, 45, a member of the United Steelworkers, lamented how many of his fellow union workers voted for Trump. The president turned in the best performance by a Republican among union households since Ronald Reagan in 1984.

Ryan said he hoped someone like Buttigieg could return them to the Democratic fold.

“He’s aware of the decline in the labor force in America, not just in Indiana or Des Moines or anywhere else,” Ryan said. “Jobs are going overseas. We need a find to way to bring that back.”

Randy Tucker, 56, of Pleasant Hill, Iowa, a member of the International Brotherhood of Electrical Workers, said Trump appealed to union members “desperate for somebody to reach out to them, to help them, to listen to their voice.”

Buttigieg could do the same, he said. “In my heart right now, he’s No. 1.”

PAST VS. FUTURE

Buttigieg stresses a key difference in his and Trump’s approaches.

Trump, he tells crowds, is mired in the past, promising to rebuild the 20th century industrial economy. Buttigieg argues the pledge is misleading and unrealistic.

Buttigieg says his focus is on the future, and he often talks about what the country might look like decades from now.

“The only way that we can cultivate what makes America great is to look to the future and not be afraid of it,” Buttigieg said in Marshalltown.

Buttigieg knows his sexual preference may be a barrier to winning some blue-collar voters. But he notes that after he came out as gay in 2015, he won a second term as mayor with 80 percent of the vote in conservative Indiana.

Earlier this month, he announced his presidential bid at the hulking plant in South Bend that stopped making Studebaker autos more than 50 years ago. After lying dormant for decades, the building is being transformed into a high-tech hub after Buttigieg and other city leaders realized it would never again attract a large-scale industrial company.

“That building sat as a powerful reminder. We hoped we would get back that major employer that would fix our economy,” said Jeff Rea, president of the regional Chamber of Commerce.

Buttigieg is praised locally for spurring more than $100 million in downtown investment. During his two terms, unemployment has fallen to 4.1 percent from 11.8 percent.

But a study released in 2017 by the nonprofit group Prosperity Now said not all of the city’s residents had shared in its rebound. The median income for African-Americans remained half that of whites, while the unemployment rate for blacks was double.

Regina Williams-Preston, a city councilor running to replace Buttigieg as mayor, credits him for the revitalized downtown. But she said he had a “blind spot” when it came to focusing on troubled neighborhoods like the one she represents and only grew more engaged after community pressure.

“He understands it now,” she said. “The next step is figuring out how to open the doors of opportunity for everyone.”

‘ONE OF US’

Trump touts the fact that the United States added almost 300,000 manufacturing jobs last year as evidence he made good on his promise to restore the industrial sector. But that growth still left the country with fewer manufacturing jobs than in 2008.

The robust U.S. economy is likely the president’s greatest asset in his re-election bid, particularly in states he carried in 2016 such as Iowa, Wisconsin, Michigan and Pennsylvania. He won Buttigieg’s home state by 19 points over Clinton in 2016.

Sean Bagniewski, chairman of the Democratic Party in Polk County, Iowa, said Buttigieg would be well positioned to compete with Trump in the Midwest.

“People love the fact that he’s a mayor,” said Bagniewski, who has not endorsed a candidate in the nominating contest. “If you can talk about a positive future, and if you actually have experience that can do it, that’s a compelling vision in Iowa.”

Nan Whaley, the mayor of Dayton, Ohio, which faces many of the same challenges as South Bend, agreed.

“He’s one of us,” Whaley said. “That helps.”

(Reporting by James Oliphant; Editing by Colleen Jenkins and Peter Cooney)

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A man looks out at a flooded residential area in Gatineau
A man looks out at a flooded residential area in Gatineau, Quebec, Canada, April 24, 2019. REUTERS/Chris Wattie

April 26, 2019

MONTREAL/OTTAWA (Reuters) – Rising waters were prompting further evacuations in central Canada on Thursday, with the mayor of the country’s capital, Ottawa, declaring a state of emergency and Quebec authorities warning that a hydroelectric dam was at risk of breaking.

Ottawa Mayor Jim Watson declared the emergency in response to rising water levels along the Ottawa River and weather forecasts that called for significant rainfall on Friday.

In a statement on Twitter, Watson asked for help from the Ontario provincial government and the country’s military.

He warned that “flood levels are currently forecasted to exceed the levels that caused significant damage to numerous properties in the city of Ottawa in 2017.”

Spring flooding had killed one person and forced more than 900 people from their homes in Canada’s Quebec province as of 1 p.m. on Thursday, according to a government website.

Ottawa has received 80 requests for service related to potential flooding such as sandbagging, a city spokeswoman said.

The prospect of more rain over the next 24 to 48 hours triggered concerns on Thursday that the hydroelectric dam at Bell Falls in the western part of Quebec could be at risk of failing because of rising water levels.

Quebec’s provincial police said 250 people were protectively removed from homes in the area as of late afternoon in case the dam on the Rouge River breaks.

The dam is now at its full flow capacity of 980 cubic meters per second of water, said Francis Labbé, a spokesman for the province’s state-owned utility, Hydro Quebec. He said Hydro Quebec expected the flow could rise to 1,200 cubic meters per second of water over the next two days.

“We have to take the worst-case scenario into consideration, since we`re already at the maximum capacity,” Labbé said by phone.

The dam is part of a power station that no longer produces electricity, but is regularly inspected by Hydro Quebec, he said.

(Reporting by Allison Lampert in Montreal and David Ljunggren and Julie Gordon in Ottawa; Editing by James Dalgleish and Peter Cooney)

Source: OANN

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FILE PHOTO: Funeral of journalist Lyra McKee in Belfast
FILE PHOTO: Pallbearers carry the coffin of journalist Lyra McKee at her funeral at St. Anne’s Cathedral in Belfast, Northern Ireland, April 24, 2019. REUTERS/Clodagh Kilcoyne/File Photo

April 26, 2019

BELFAST (Reuters) – Detectives investigating the murder of journalist Lyra McKee in Northern Ireland last week suspect the gunman who shot her dead is in his late teens as they made a further appeal to the local community who they believe know his identity.

McKee’s killing by an Irish nationalist militant during a riot in Londonderry has sparked outrage in the province where a 1998 peace deal mostly ended three decades of sectarian violence that cost the lives of some 3,600 people.

The New IRA, one of a small number of groups that oppose the peace accord, has said one of its members shot the 29-year-old reporter dead in the Creggan area of the city on Thursday when opening fire on police during a riot McKee was watching.

The killing, which followed a large car bomb in Londonderry in January that police also blamed on the New IRA, has raised fears that small marginalized militant groups are exploiting a political vacuum in the province and tensions caused by Britain’s decision to leave the European Union.

Police released footage on Friday of immediately before and after the shooting showing three men who were involved in the rioting and identified one as the gunman who they believe is in his late teens. 

“I believe that the information that can help us to bring those responsible for her murder to justice lies within the community. I need the public to tell me who he is,” Detective Superintendent Jason Murphy told reporters.

Murphy said those involved in the disorder on the night were teenagers or in their early 20s, and that about 100 people were on the ground watching the trouble as it unfolded.

He added that police believed the gun used in the attack was of a similar caliber to those used before in paramilitary type attacks in Creggan. 

“I recognize that people living in Creagan may find it’s difficult to come forward to speak to police. Today, I want to provide a personal reassurance that we are able to deal with those issues sensitively,” Murphy said, echoing similar appeals in recent days.

(Reporting by Amanda Ferguson, editing by Padraic Halpin and Toby Chopra)

Source: OANN

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