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PC maker Lenovo returns to third-quarter profit, beats estimates

FILE PHOTO: A Lenovo ultrabook and a tablet are displayed during a news conference in Hong Kong
FILE PHOTO: A Lenovo ultrabook and a tablet are displayed during a news conference in Hong Kong, China May 21, 2015. REUTERS/Bobby Yip/File Photo

February 21, 2019

By Sijia Jiang and Donny Kwok

HONG KONG (Reuters) – Lenovo Group Ltd said on Thursday it swung back to a net profit in the December quarter, beating market expectations, due to a strong performance across its major business groups.

Profit for the quarter was $233 million, versus a loss of $289 million in the same period a year earlier when the world’s largest personal computer (PC) maker by shipments took a one-off hit following U.S. tax reform.

The result was ahead of the $207 million average of 10 analyst estimates compiled by Refinitiv.

Revenue rose 8.5 percent to $14.04 billion on a strong performance in its PC and Smart Device business and its Data Center business, just beating the $13.95 billion analyst view.

Its Mobile Business Group also recorded a pre-tax profit for the first time since it bought Motorola in 2014 for $2.9 billion, having struggled to integrate the assets.

Lenovo said revenue for its PC and Smart Device Business rose 12 percent in the three months period.

(Reporting by Sijia Jiang; Editing by Christopher Cushing and Richard Pullin)

Source: OANN

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Sen. Rick Scott: Fix Healthcare Price Problems ‘Piece by Piece’

The problem with healthcare in America isn’t access — it’s the too-high price tag, Sen. Rick Scott, R-Fla., said Sunday.

In an interview on CBS News’ “Face The Nation,” Scott said he prefers to fix the problem “piece by piece.”

“I know in the end the White House is going to have their plan,” he predicted, but added: “I’m going to focus on how you drive down cost… Democrats constantly focus on access. The problem is the cost of healthcare is too high in this country. 

Scott said Democrats only worsen the rising cost issue.

“The problem that Democrats have is everything they keep doing is raising the cost of healthcare,” he said. “Let's look at Obamacare. Premiums went up, copayments went up.”

He said he wants to focus “first on prescription drug prices. “

“They're way too high,” he said “We shouldn't be paying more than what they pay in Europe. It's unfair to Americans. And let's go piece by piece to try to fix it. ….I know a lot of people like the grand bargains. I don't believe in grand bargains. I believe in piece by piece fixing things.”

Related Stories:

Source: NewsMax Politics

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The Latest: Daughter IDs 2 of 4 dead at North Dakota company

The Latest on bodies found at a business in the Bismarck, North Dakota, suburb of Mandan (all times local):

11 a.m.

A married couple who had recently bought their dream home were among the four people found slain at a property management company in the North Dakota city of Mandan.

Briann Miller of Girard, Illinois, tells The Associated Press that her 45-year-old mother, Lois Cobb, and 50-year-old stepdad, Bill Cobb, were killed. Police haven't released the names of the victims found Monday at RJR Maintenance and Management.

Bill Cobb was a maintenance supervisor and Lois was an account specialist. Miller says police didn't give her any details about how they died.

Miller says the Cobbs came to North Dakota from Illinois about six years ago. She says they never gave any indication to her of any problems at work.

Police on Monday said they hadn't identified a motive. Police plan to hold a midday news conference Tuesday to release more details.

___

9:30 a.m.

Police in North Dakota are planning to release more information in the deaths of four people whose bodies were found Monday at a property management company in Mandan.

Authorities called a midday news conference to discuss the slaying of three men and one woman whose bodies were found at RJR Maintenance and Management. Police haven't identified the victims or said how they were killed.

Chief Jason Ziegler says police don't have a motive and the killer is not among the dead. But he's also said police believe the public isn't in danger.

The business was quiet Tuesday morning, with only one officer visibly on scene and a few people showing up to pay rent.

Apartment renter Henry Wilson says he's saddened by what happened.

Source: Fox News National

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Tampa Selects First Openly Gay Mayor in City’s History

Voters in Tampa, Florida voted their first openly gay mayor into office Tuesday night by a significant margin.

According to the Tampa Bay Times, retired police chief Jane Castor earned 73 percent of the vote to claim victory in the runoff.

Neither Castor or her opponent David Straz ran under a political party affiliation.

Castor served as Tampa's police chief from 2009-2015.

"No matter what we went through, no matter what obstacle was put in our way, we never lost our focus on the issues that mattered," Castor said, according to the Times.

Straz, a retired banker, told his supporters Tuesday night it is time to stand with the city's new mayor.

"If you want the best for Tampa, you want Jane Castor to succeed as mayor," he said, the Times reported.

The March 5 general election ended without any of the six candidates earning at least 50 percent of the vote, which triggered Tuesday's runoff between Castor and Straz.

Castor worked for the Tampa Police Department for 31 years.

Another openly gay mayor, Pete Buttigieg of South Bend, Indiana, is running for president.

Source: NewsMax Politics

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RNC Chair: Schiff Should Resign

Republican National Committee Chair Ronna McDaniel said Thursday that House Intelligence Committee Chair Adam Schiff, D-Calif., should resign for his comments about collusion. 

“For TWO YEARS, Adam Schiff has been pushing the phony [Trump]-Russia collusion hoax. He’s been lying to the American people from a position of authority on the House Intelligence Committee,” McDaniel tweeted before special counsel Robert Mueller’s report was released. “There was NO collusion and NO obstruction. Schiff should resign.”

Schiff faced criticism from Republicans in March over the investigation, and in response listed the actions he believes showed evidence of collusion between the Trump campaign and Russia, including the 2016 Trump Tower meeting and the reported attempt to establish a communications backchannel.

“I think it’s immoral, I think it’s unethical, I think it’s unpatriotic, and yes I think it’s corrupt — and evidence of collusion,” he said, according to Vox.

“My colleagues may think it’s okay that the Russians offered dirt on the Democratic candidate for president as part of what was described as the Russian government’s effort to help the Trump campaign,” Schiff said. “My colleagues might think it’s okay that when that was offered to the son of the president — who had a pivotal role in the campaign — that the president’s son did not call the FBI, he did not adamantly refuse that foreign help. No, instead that son said he would ‘love’ the help of the Russians.”

Schiff announced on Thursday that the House intel panel has officially invited Mueller to testify about his investigation.

Source: NewsMax Politics

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Doug Schoen to Newsmax TV: We Must Beat Authoritarianism

Political analyst and author Doug Schoen told Newsmax TV it is time for the United States to stand up taller in the face of authoritarianism and live by our values.

During an interview on "The Joe Pags Show," Schoen — author of the new book "Collapse: A World in Crisis and the Urgency of American Leadership" — said the U.S. needs to act like a world superpower again.

"We're only gonna succeed together," he said. "If we can't conquer our common adversaries as one nation, one people, we will lose. We'll lose to authoritarians like the Russians and the Chinese, which is the point of my new book.

"We need to strengthen NATO, we need to strengthen our relations in Asia . . . and I would love somebody, as you were saying, Pags, to talk about human rights in China. Xinjiang Province. A million people in detention camps; that's outrageous. Where is America? Where is our voice? We will not defeat authoritarianism without an articulate assertion of our values, which are freedom, liberty, democracy."

Regarding the Korean peninsula, Schoen predicted President Donald Trump will fall short of coming to an agreement with North Korean leader Kim Jong Un and the reclusive nation could join the international club of nuclear powers.

"I don't think we're going to get a denuclearized Korean peninsula," he said. "I am worried that this is more rhetoric than action and that we will find that the negotiations will break down and a nuclear North Korea will be as powerful and aggressive and assertive as they've ever been."

The answer to the North Korea problem, Schoen said, lies with China.

"We should be putting pressure on the Chinese, [Kim's] sponsors, and basically say to them, 'if you can't get him under control, you ought to turn the lights off in North Korea,'" Schoen said.

Schoen, a Democrat, also addressed the 2020 presidential campaign. To date, nearly 20 Democrats have thrown their hat into the ring. That figure is expected to grow, particularly with former Vice President Joe Biden ready to jump in.

"As for the Democrats, goodness gracious. Most of the candidates, with the exception of Biden at this point, are people I couldn't support," Schoen said.

Important: Newsmax TV is now carried in 65 million cable homes on DirecTV Ch. 349, Dish Network Ch. 216, Comcast/Xfinity Ch. 1115, U-verse Ch. 1220, FiOS Ch. 615 or More Systems Here.

Source: NewsMax America

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Facebook down for some users: Downdetector.com

FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of the Facebook logo in this picture illustration
FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of the Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

April 14, 2019

(Reuters) – Facebook Inc’s social networking site is inaccessible to some users across the world on Sunday, according to Downdetector.com, a website which monitors outages.

The outage tracking website showed that there are more than 9000 incidents of people reporting issues with Facebook.

Downdetector.com’s live outage map showed that the issues mainly cropped up in Europe.

Separately, Downdetector.com also showed that there were issues with WhatsApp and Instagram, but with relatively lower count of outage reports.

Facebook had experienced one of its longest outages in March, when some users around the globe faced trouble accessing Facebook, Instagram and WhatsApp for over 24 hours.

(Reporting by Akshay Balan in Bengaluru)

Source: OANN

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Senior White House adviser Jared Kushner said Tuesday that a detailed plan for a merit-based immigration system will be presented to President Trump, giving priority to skilled immigrants rather than those with family ties to the U.S.

“I do believe that the president’s position on immigration has been maybe defined by his opponents by what he’s against as opposed to what he’s for,” Kushner said at the Time 100 Summit in New York City. “What I’ve done is I’ve tried to put together a very detailed proposal for him.”

KUSHNER: RUSSIA INVESTIGATION HAD ‘HARSHER IMPACT’ ON US THAN ELECTION MEDDLING

Kushner announced that the new immigration proposal, which Trump will receive this week or next, will resemble the point-based systems in Canada, Australia and New Zealand, and will unify people by ensuring strong wages and secure borders while protecting humanitarian values.

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term,” he said. “And my hope is we can really do something that unifies people around what we’re for on immigration.”

“We want to protect our country’s humanitarian values. We want to make sure we’re reunifying families, and we want to do this in a way that allows our country to be competitive long term. And my hope is we can really do something that unifies people around what we’re for on immigration.”

— Jared Kushner

JARED KUSHNER RESPONDS AFTER HASAN MINHAJ CALLS OUT HIS TIES TO SAUDI PRINCE

Kushner denied in the same talk that he has clashed with White House staffer Stephen Miller, who’s seen as tougher on immigration than others, adding that the plan was concocted with the help of Miller and Kevin Hassett, chairman of the Council of Economic Advisers.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison,” Kushner joked, referring to the Israel-Palestine peace plan he’s working on.

“And I say that If that if I can get Stephen Miller and Kevin Hassett to agree on an immigration plan, then Middle East peace will be easy by comparison.”

— Jared Kushner

After the plan gets presented to Trump, it will likely undergo some changes and then he will decide when to proceed with it, Kushner said.

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“It’s very, very complicated, but it’s a very interesting issue, and if we can solve it, I do think it’s a critical component for America’s long-term competitive advantage,” he added.

The Associated Press contributed to this report.

Source: Fox News Politics

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Brazilian President Jair Bolsonaro on Thursday said his government must make men aware of the dangers of poor hygiene after expressing dismay over the 1,000 penis amputations that apparently occur in his country each year.

“In Brazil, we have 1,000 penis amputations a year due to a lack of water and soap,” he said while speaking to reporters in Brasilia after visiting the Education Ministry. “We have to find a way to get out of the bottom of this hole.”

The far-right leader called the figure “ridiculous and sad,” Reuters reported. A spokeswoman for the Brazilian urology society told the news agency the number is based on its official data for penis amputations.

CLICK HERE TO GET THE FOX NEWS APP

The amputations were conducted out of necessity over untreated infections, along with complications from HIV and various cancers, she said.

Source: Fox News World

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A top Russian diplomat says Russia is willing to negotiate a new nuclear weapons treaty with the United States and China.

Deputy Foreign Minister Sergei Ryabkov told reporters on Friday Moscow is closely following reports in the United States that the U.S. would like to reach a nuclear weapons deal with both Russia and China, and is “willing” to negotiate. The story was reported by CNN earlier Friday.

Ryabkov also said that Russia “would like to convince” the U.S. to adopt a joint statement that would condemn any use of nuclear weapons.

Ryabkov’s comments come just months after the U.S. withdrew from the Intermediate-Range Nuclear Forces Treaty, a cornerstone of the post-Cold War security, and Russia followed suit. Each claims breaches by the other.

Source: Fox News National

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Government dysfunction and an intelligence failure that preceded the Easter Sunday bombings in Sri Lanka are traced to simmering divisions between the president and prime minister after a weekslong political crisis that crippled the country last year.

The government has admitted to a “lapse of intelligence” after officials failed to act upon near-specific information received from foreign agencies. Suicide bombers exploded themselves last Sunday in three churches and three luxury hotels, killing 253 people and wounding 400 more. Authorities said eight Muslim militants blew themselves up at their targets while the wife of one of the attackers blasted herself on being rounded up by police.

The carnage has brought forth arguments that worshippers and holidaymakers fell victim to the rivalry and a lack of communication between the country’s two leaders — President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

The Cabinet led by Wickremesinghe says neither he nor his ministers were informed of the intelligence received by the defense authorities. Sirisena is the head of state, defense minister, minister in charge of the police and head of the armed forces. He also chairs the National Security Council, which includes the heads of security agencies and departments. Traditionally the prime minister also plays an important role on the council.

According to Health Minister Rajitha Senaratne, Sirisena has not included Wickremesinghe in national security affairs since a dispute between them came into the open in October last year. This is an unusual departure from the protocol, he said.

Senaratne said that Sirisena was overseas when the attacks took place and even after that, the National Security Council refused to meet with Wickremesinghe as he tried to give them instructions.

Sirisena has also said that he was not informed of the intelligence received and vowed to overhaul the leadership of the defense forces.

The top bureaucrat at the Defense Ministry, Hemasiri Fernando, has resigned at Sirisena’s insistence.

“It is a major factor,” said Jehan Perera, the head of local activist group National Peace Council, referring to the alleged lack of coordination between the leaders contributing to the failure to prevent the attacks.

“The primary responsibility has to be taken by the president, he did not give the information and he did not act,” Perera said. “He had the Ministry of Defense, took the police from the prime minister, chaired the National Security Council meetings and did nothing,” Perera said.

Kusal Perera, a journalist and political commentator, says security and intelligence officials should have acted on the information whether or not they received orders from politicians.

“If they (Wickremesinghe and his party) were not invited to the National Security Council, why did not they say in Parliament that they were not responsible for the security of the country any longer,” said Perera, who is not related to Jehan Perera.

“Saying that now is taking political advantage, not taking responsibility,” he said.

Sirisena and Wickremesinghe belong to different political parties but came together for Sirisena’s presidential campaign in 2015. Their relationships broke down and their differences exploded last year when Sirisena suddenly sacked Wickremesinghe as prime minister and appointed in his place former strongman Mahinda Rajapaksa, whom he defeated in the presidential election. The crisis crippled the country for more than seven weeks to the point of not being able to pass this year’s national budget on time.

A court decision compelled Sirisena to reappoint Wickremesinghe, but the two leaders have been rivals within the same government.

Rajapaksa, who is the minority leader in Parliament, blames the government for weakening intelligence and dropping its guard, which he had maintained to defeat the separatist Tamil Tiger rebels 10 years ago to end the 26-year-old civil war. He also criticized the government for the detention of intelligence officers accused of extrajudicial killings and abductions during the closing days of the war, which he said crippled the security apparatus before the bombings. According to conservative U.N estimates, some 100,000 people were killed in Sri Lanka’s conflict.

Sirisena summoned an all-party conference Thursday to which Wickremesinghe was also invited. At the conference, Sirisena stressed “setting aside all the political beliefs and difference (so that) everybody should collectively commit towards building a peaceful environment within the country,” a statement from his office said.

“It is not a secret that the disagreements between me and the government aggravated over the past two years,” Sirisena told the country’s media executives Friday. “One of the reasons for that is weakening of military intelligence and arresting military officials unnecessarily and my speaking up against it within and outside the government.”

Jehan Perera said that the security threat could prove politically advantageous to Rajapaksa and his family, with a presidential election scheduled at the end of this year. Gotabhaya Rajapaksa, a younger brother of Mahinda, was the powerful defense secretary during his brother’s reign and has expressed his interest to join the contest.

“People are saying we want a stronger leader and they are talking about Gotabhaya. It (the blasts) has worked to their benefit,” Perera said.

Source: Fox News World

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Cyprus police are intensifying a search for the remains of more victims at locations where an army officer, who authorities say admitted to killing five women and two girls, allegedly had dumped their bodies.

Police said Friday’s search will concentrate on a military firing range, a reservoir and a man-made lake near an abandoned mine approximately 32 kilometers (20 miles) west of the capital Nicosia.

On Thursday, the 35-year-old suspect told investigators that he had killed four more people than he had previously admitted to. All the suspect’s alleged victims are foreign nationals.

Police have already found the bodies of a 38-year-old Filipino woman and two as yet unidentified women.

Search crews are now looking for the daughter of the 38-year-old, a Romanian mother and daughter and another Filipino woman.

Source: Fox News World

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