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Merger of Deutsche Bank, Commerzbank could cost 20,000 jobs: union chief

FILE PHOTO: FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX in Frankfurt
FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo

March 18, 2019

FRANKFURT (Reuters) – A merger of Deutsche Bank and Commerzbank could put 20,000 jobs at risk, the head of labor union Verdi said in a media interview on Monday, a day after the two banks confirmed they were discussing the possibility.

“Some 20,000 or more positions could come under fire,” Frank Bsirske, chief of Verdi and a supervisory board member at Deutsche Bank, told German newspapers Stuttgarter Zeitung and Stuttgarter Nachrichten.

He said the two lenders were not a good fit for each other, while a crossover in an international direction would make more sense for them.

Merging the German banks’ operations would create overlap in retail and business customer segments, leading to problematic conditions from the workers’ point of view, he added.

“I can’t for the life of me see any sense in this merger at the moment,” Bsirske said.

(Reporting by Vera Eckert, Editing by Clarence Fernandez)

Source: OANN

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March Madness TV Ratings On CBS Plummet 26 Percent

David Hookstead | Reporter

The Thursday ratings for March Madness games on CBS weren’t pretty.

According to The Hollywood Reporter, games on CBS were down 26 percent from the same slots last tournament. Kentucky’s beatdown of Abilene Christian and Wofford’s win over Seton Hall only got a rating of 2.6, which means rough 2.6 percent of households with televisions tuned in. (RELATED: The March Madness Bracket Has Been Released)

Obviously, these numbers aren’t good at all. As of this moment, we don’t have the numbers for all the other games, but these CBS ratings are pathetic.

Down 26 percent? Are you kidding me? Did this country all of a sudden start hating cold beer and freedom? Our founding fathers are rolling over in their graves at these numbers.

All anybody is talking about these days is March Madness. It’s mind-boggling to me that the numbers are so bad. I honestly don’t understand it at all. (RELATED: Watch Wisconsin Beat Kentucky In The 2015 Final Four)

Kentucky is a national brand. No matter who they’re playing, you’d think plenty of people would tune in. I guess the Wildcats just aren’t the draw they once were.

You hate to see it!

Let’s hope the numbers rebound big time down the stretch because this country is doomed if people have given up on watching college basketball.

Follow David Hookstead on Twitter

Source: The Daily Caller

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UK Labour’s Corbyn says May’s Brexit deal not even close to changes promised

Britain's opposition Labour Party leader, Jeremy Corbyn, is greeted by young women and red roses during a visit to Finsbury Park Mosque, on Visit My Mosque day, in London
Britain's opposition Labour Party leader, Jeremy Corbyn, is greeted by young women and red roses during a visit to Finsbury Park Mosque, on Visit My Mosque day, in London, Britain, March 3, 2019. REUTERS/Peter Nicholls

March 12, 2019

LONDON (Reuters) – British Prime Minister Theresa May’s assurances on her Brexit divorce deal are not even close to the changes that she promised lawmakers, opposition Labour Party leader Jeremy Corbyn said on Tuesday.

“The Prime Minister’s negotiations have failed. Last night’s agreement with the European Commission does not contain anything approaching the changes Theresa May promised parliament,” Corbyn said on Twitter. “That’s why lawmakers must reject this deal today.”

(Reporting by Elisabeth O’Leary; editing by Guy Faulconbridge)

Source: OANN

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Massive waterspout in Malaysia spins off shore before making landfall, damaging up to 50 buildings

A massive waterspout roared ashore into a town on the Malaysian island of Penang on Monday, damaging dozens of buildings as stunned residents took to social media to share images of the towering whirling column of air.

The spout was reported around noon after a heavy downpour off the coast of Tanjung Tokong, located on the northeastern coast of the island.

The waterspout was seen spinning for about 5 minutes before it briefly moved onto land and damaged up to 50 homes, Channel News Asia reported.

2 CHILDREN KILLED AFTER DUST DEVIL BLOWS AWAY BOUNCE HOUSE IN CHINA

After moving into the land, some houses had their roofs ripped off and several trees were knocked down by the waterspout. Even with the damage, a defense spokesman told reporters that no injuries were reported.

A massive waterspout was seen spinning near the shores of the Malaysian town of Tanjung Tokong for about five minutes before it briefly arrived on land.

A massive waterspout was seen spinning near the shores of the Malaysian town of Tanjung Tokong for about five minutes before it briefly arrived on land. (Eric De Smet via Reuters)

"We are currently busy clearing the debris from houses which were ripped off by the storm," the spokesman said.

Resident Mohd Fareez Othman told the New Straits Times that he was forced to take cover in a nearby building after spotting the waterspout moving in.

“It was huge," he said. "I have lived here for more than 20 years, and have never seen such an incident before."

HAIL PELTS NORTHERN TEXAS ‘LIKE A SNOWSTORM,' DAMAGING HOMES AND VEHICLES

Residents posted photos and video to Facebook and Twitter to show the encounter with the massive column of swirling air.

"The sound of the wind was deafening and I saw part of the roof of my house being blown away by the wind," resident Nona Khalid said, according to Channel News Asia. "Indeed it was very scary and took place for the first time in the 50 years I have been staying here."

A waterspout is a "whirling column" of air and water mist, according to the National Oceanic and Atmospheric Administration. They can fall into two categories: fair weather waterspouts and tornadic waterspouts.

"Tornadic waterspouts are tornadoes that form over water, or move from land to water. They have the same characteristics as a land tornado," the agency notes. "They are associated with severe thunderstorms, and are often accompanied by high winds and seas, large hail, and frequent dangerous lightning."

Fair weather waterspouts are generally not associated with thunderstorms, and form in "light wind conditions so they normally move very little."

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If a waterspout moves onshore, a weather service would issue a tornado warning, as some can cause "significant damage and injuries to people," according to the NOAA.

"Typically, fair weather waterspouts dissipate rapidly when they make landfall, and rarely penetrate far inland," according to the agency.

Source: Fox News World

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Women at Vatican magazine quit to protest ‘male control’

FILE PHOTO: A woman reads a copy of the Vatican newspaper L'Osservatore Romano as she waits for the canonisation ceremony in St Peter's Square at the Vatican
FILE PHOTO: A woman reads a copy of the Vatican newspaper L'Osservatore Romano as she waits for the canonisation ceremony in St Peter's Square at the Vatican, April 27, 2014. REUTERS/Max Rossi/File Photo

March 26, 2019

By Philip Pullella

VATICAN CITY (Reuters) – The all-female staff of the Vatican newspaper’s monthly magazine on women’s issues have resigned abruptly en masse, saying the new editor was trying limit their autonomy and put them “under direct male control”.

“Women Church World” has run a series of controversial stories, including on the sexual abuse of nuns by priests and nuns working for free as servants for bishops.

Lucia Scaraffia, who started the magazine seven years ago, has called for a Vatican commission to investigate sexual abuse of women in the Catholic Church.

In an open letter to Pope Francis, she said the 11 women felt they were being “reduced to silence” and denounced an attempt to “return to the antiquated and arid custom of decisions from above, under direct male control”.

The women will also explain their decision to quit in an editorial next month. Copies of it and the letter were made available to Reuters by one of the members on Tuesday.

In the editorial, Scaraffia lamented an attempt to return to selection of women “who assure obedience, renouncing any possibility of opening a true, free and courageous dialogue.”

In a statement, Andrea Monda, who became editor of newspaper L’Osservatore Romano three months ago, denied the accusations. He said he had guaranteed the women “the same total autonomy and same total freedom” the magazine had previously enjoyed and had only made some suggestions about story ideas and people to involve in them.

Monda, a layman, said he has confirmed the magazine’s budget despite cost-cutting elsewhere in the Vatican’s media operations. He rejected accusations that he was seeking a return to “self-referential clericalism” and said “Women Church World” would continue to be published.

The resignations were the latest in more than a year of upheavals in the Vatican’s communications department.

The previous editor of the Vatican newspaper, Giovanni Maria Vian, a close friend of Scaraffia, was abruptly replaced by Monda on Dec. 18.

The same reshuffle of the Vatican’s Secretariat for Communications saw Italian journalist Andrea Tornielli, a friend of Pope Francis, named editorial director of all Vatican communications.

On Dec. 31, Vatican spokesman Greg Burke, an American, and his Spanish deputy, Paloma Garcia Ovejero, resigned over disagreements on overall communications strategy.

Monsignor Dario Vigano resigned as overall head of Vatican communications in March after a scandal over a doctored letter he distributed to journalists.

(Reporting by Philip Pullella; Editing by Catherine Evans)

Source: OANN

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Alabama's Roy Moore Considers New Senate Run

Alabama Republican Roy Moore, whose unsuccessful 2017 campaign for the U.S. Senate was marred by allegations he sexually assaulted or pursued teenage girls while in his 30s, said on Friday that he may again run for the Senate.

In an interview on the Christian program "Focal Point" on American Family Radio, host Bryan Fischer asked Moore about the 2020 race for the Senate in Alabama. "Tell me what you're thinking about throwing your hat back into the ring," Fischer said.

"I'm seriously considering it, I think that it (the 2017 Senate race) was stolen," Moore responded, citing what he described as misinformation campaigns against him.

Senator Doug Jones, a former federal prosecutor, defeated Moore by a narrow margin in a special election in December 2017 to fill the seat vacated by Republican Jeff Sessions when he became U.S. attorney general. Jones was the first Democrat in a quarter-century to be elected to the U.S. Senate in conservative-leaning Alabama.

If Moore, a 72-year-old former chief judge in Alabama known for staunchly conservative views, does decide to run for the Senate in 2020 and secures the Republican nomination, he could find himself facing Jones again. The term that Jones was elected to fill expires at the end of 2020.

Moore's 2017 campaign to fill Sessions' seat was beset by allegations from women who told the Washington Post that he had sexually assaulted or pursued them while he was in his 30s and they were teenagers. Moore denied the misconduct allegations.

In January, Alabama's Republican attorney general, Steve Marshall, asked federal elections officials to investigate allegations that the 2017 special election was tainted by use of a misleading social media campaign against Moore.

The New York Times has reported that Democratic operatives sought to undermine Moore by creating a Facebook page claiming his supporters wanted to ban alcohol in the state. The newspaper has also reported that Democrats created a separate "false flag" Facebook page to portray Moore as supported by Russian bot accounts.

U.S. Representative Bradley Byrne is the only Republican in Alabama so far, who has formally pledged to run for the Senate in 2020, according to a report from AL.com, the website of Alabama Media Group.

Source: NewsMax Politics

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Ex-Muslim rebels take control of volatile Philippine region

Former Muslim guerrillas have taken over governance of a poverty- and conflict-wracked Muslim autonomous region under a peace deal partly aimed at combating Islamic State group-aligned militants in the southern Philippines.

Moro Islamic Liberation Front rebel leader Murad Ebrahim on Tuesday assumed the leadership of an 80-member transition authority dominated by his guerrilla group to govern a five-province region called Bangsamoro. The first large group of about 12,000 combatants is to be demobilized starting this year under the peace deal.

Murad says he and his insurgent group will now wage a new jihad, or holy war, against corruption and other "ills of governance."

Philippine and Western governments and the guerrillas see effective Muslim autonomy as an antidote to nearly half a century of Muslim secessionist violence.

Source: Fox News World

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FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London
FILE PHOTO: Shoppers walk past the Debenhams department store on Oxford Street in London, Britain December 15, 2018. REUTERS/Simon Dawson

April 26, 2019

(Reuters) – Ailing British retailer Debenhams said two proposed company voluntary arrangements (CVA) could see all its stores remaining open during 2019, with 22 closures planned for next year, putting about 1,200 jobs at risk.

Debenhams’ lenders took control of the retailer earlier this month in a process designed to keep its shops open at the expense of shareholders.

(Reporting by Noor Zainab Hussain in Bengaluru; editing by Gopakumar Warrier)

Source: OANN

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FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London
FILE PHOTO: Xiaomi branding is seen on a carrier bag at a UK launch event in London, Britain, November 8, 2018. REUTERS/Toby Melville

April 26, 2019

BENGALURU (Reuters) – Chinese brands controlled a record 66 percent of Indian smartphone market in the first quarter, led by Xiaomi Corp, a report showed, with volumes rising 20 percent on the back of popularity for brands like Vivo, RealMe and Oppo.

Xiaomi’s India shipments fell by 2 percent over last year, but the Beijing-based company was still the biggest smartphone brand in the country, followed by Samsung Electronics Co Ltd, according to Hong-Kong based Counterpoint Research.

Shipment volumes for Vivo jumped 119 percent, while those of Oppo rose 28 percent.

“Vivo’s expanding portfolio in the mid-tier range ($100 to $180) drove its growth along with aggressive Indian Premier League cricket campaign,” Counterpoint analysts said.

India is the world’s fastest growing market for smartphones, where affordable pricing coupled with features like “selfie” cameras and big screens have popularized Chinese brands.

Video streaming services like Netflix Inc and Hotstar, as well as heavy usage of messaging apps like Facebook Inc’s WhatsApp have further spurred demand.

“Data consumption is on the rise and users are upgrading their phones faster as compared to other regions,” Counterpoint’s Tarun Pathak said.

“As a result of this, the premium specs are now diffusing faster into the mid-tier price brands. We estimate this trend to continue leading to a competitive mid-tier segment in coming quarters.”

(Reporting By Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

Source: OANN

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Good morning and welcome to Fox News First. Here’s a look at what you need to know today …

EXCLUSIVE: Trump says ‘Sleepy Joe’ Biden doesn’t have what it takes

President Trump, in a wide-ranging, exclusive phone interview with Fox News’ Sean Hannity, dismissed the launch of former Vice President Joe Biden’s presidential campaign, nicknaming him “Sleepy Joe” and saying he’s “not the brightest bulb.” Biden, the president said, has name recognition but he won’t “be able to do the job.” When asked about Sen. Bernie Sanders, I-Vt., Trump criticized his record, saying Sanders had “misguided energy” and asserted that Sanders “talks a lot” but hasn’t accomplished anything. The president referred to former U.S. Rep. Beto O’Rourke of Texas as “a fluke” who had lost much momentum and outright dismissed Sen. Kamala Harris, D-Calif., and South Bend, Ind., Mayor Pete Buttigieg — although he said he was “rooting” for Buttigieg. (Trump could address Biden and the other Democratic presidential candidates when he speaks today before the National Rifle Association.)

The Democratic Party’s youth movement: Biden’s biggest challenge?
Former Democratic National Committee (DNC) chair Howard Dean warned Joe Biden about the troubles he may face in his presidential campaign, especially from the “35-year-olds” who Dean says have been running the party — a clear nod to Rep. Alexandria Ocasio-Cortez, D-N.Y., and fellow freshmen Democrats. “This is a very different party than even the party Joe Biden ran in in 2012. Very different,” Dean continued. “A lot of people could win this race. There’s 20 people in there. I think it’s going to take $20 million to get to the starting line. If you can’t raise $20 million, you’re gone, and I think that’s going to take care of about six or eight of these folks. … But it is not the same party that it was five years ago.” A progressive political group that boosted Ocasio-Cortez’s bid for Congress last year vowed to oppose Biden and blasted him as part of the “old guard.”

More tales from the FBI texts
Text messages between former FBI officials Peter Strzok and Lisa Page indicate they discussed using briefings to the Trump team after the 2016 election to identify people they could “develop for potential relationships,” track lines of questioning and “assess” changes in “demeanor” – language one GOP lawmaker called “more evidence” of irregular conduct in the original Russia probe. Fox News has learned the texts, initially released in 2018 by a Senate committee, are under renewed scrutiny, with GOP Sen. Chuck Grassley and Homeland Security Committee chair Ron Johnson sending a letter Thursday night to Attorney General Bill Barr pushing for more information on the matter. President Trump, speaking on Fox News’ “Hannity” Thursday night, responded to this report by accusing Strzok and Page of an attempted “coup.” “They were trying to infiltrate the administration,” he said.

Kim accuses US of acting in ‘bad faith’
North Korean leader Kim Jong Un, fresh off his summit with  Russian President Vladimir Putin, said the U.S. has been acting in “bad faith” since his Hanoi meeting with President Trump over the stalemated issue of North Korean denuclearization. The North Korean leader told the Korean Central News Agency that, “the situation on the Korean Peninsula and the region is now at a standstill and has reached a critical point,” the Straits Times of Singapore reported. Kim warned that the situation “may return to its original state as the U.S. took a unilateral attitude in bad faith at the recent second DPRK-US summit talks,” the Korean Central News Agency added.

NFL Draft 2019: It’s all about defense
The first round of the 2019 NFL Draft saw a run on defensive players, with eight of the top 12 picks in Nashville coming from that side of the ball. After Oklahoma quarterback Kyler Murray was taken first overall by the Arizona Cardinals, the San Francisco 49ers started a run of four straight front-seven players by taking Ohio State defensive end Nick Bosa with the second overall pick — the highest draft slot for any Buckeye since left tackle Orlando Pace went No. 1 overall to the St. Louis Rams in 1997.

CLICK HERE TO GET THE FOX NEWS APP.

TODAY’S MUST-READS
Fox News’ Ed Henry recalls spending time with Celtics great John Havlicek.
Massachusetts judge accused of helping illegal immigrant evade ICE pleads not guilty.
Rosenstein slams Obama administration for choosing ‘not to publicize full story’ of Russia hacking.
F.H. Buckley: What Democrats have forgotten about citizenship.

MINDING YOUR BUSINESS
Amazon crushes earnings expectations, but revenue growth slows.
Low-tax states among best places to make a living in 2019.
Construction job market booming: These states are hiring.

#TheFlashback
2018: Bill Cosby is convicted of drugging and molesting Temple University employee Andrea Constand at his suburban Philadelphia mansion in 2004; it is the first big celebrity trial of the #MeToo era.
1986: An explosion and fire at the Chernobyl nuclear power plant in Ukraine causes radioactive fallout to spew into the atmosphere. (Dozens of people are killed in the immediate aftermath of the disaster while the long-term death toll from radiation poisoning is believed to number in the thousands.)
1977: Notorious nightclub Studio 54 opens in New York.

SOME PARTING WORDS

Watch the “Special Report” panel take a look at former Vice President Joe Biden’s decision to run for president a third time and the battle for the “soul” of America.

Not signed up yet for Fox News First? Click here to find out what you’re missing.

CLICK HERE to find out what’s on Fox News programming today and over the weekend!

Fox News First is compiled by Fox News’ Bryan Robinson. Thank you for joining us! Have a good day and weekend! We’ll see you in your inbox first thing Monday morning.

Source: Fox News National

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Joe Biden’s brain surgeon said his former patient is “totally in the clear” as speculation over the candidate’s health — with Biden possibly becoming the oldest president in U.S. history — is likely to become a campaign issue.

The former vice president, who had been perceived by many as the strongest potential contender for the Democratic Party’s 2020 presidential nomination, formally announced his candidacy Thursday.

But Biden’s age – 76 – is expected to become a source of attacks from a younger generation of Democrats not because of obvious generational differences, but possibly for actual health concerns if Biden gets into office.

WHY THE MEDIA ARE CONVINCED JOE BIDEN WILL IMPLODE

Biden himself agreed last year that “it’s totally legitimate” for people to ask questions about his health if he decides to run for president, given his medical history — which has included brain surgery in 1988.

“I think they’re gonna judge me on my vitality,” Biden told “CBS This Morning.” “Can I still run up the steps of Air Force Two? Am I still in good shape? Am I – do I have all my faculties? Am I energetic? I think it’s totally legitimate people ask those questions.”

“I think they’re gonna judge me on my vitality. …  I think it’s totally legitimate [that] people ask those questions.”

— Joe Biden

But Dr. Neal Kassell, the neurosurgeon who operated on Biden for an aneurysm three decades ago, told the Washington Examiner that Biden appears to be “totally in the clear” — and even joked that the operation made Biden “better than how he was.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it,” Kassell said. “That’s more than I can say about all the other candidates or the incumbents.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it.”

— Dr. Neal Kassell

BIDEN’S CLAIM HE DIDN’T WANT OBAMA TO ENDORSE TRIGGERS MOCKERY

At the same time, however, Biden hasn’t been forthcoming about his health at least since 2008 when he released his medical records as a vice presidential candidate. The disclosure that time revealed some fairly minor issues such as an irregular heartbeat in addition to detailing previous operations, including removing a benign polyp during a colonoscopy in 1996, the outlet reported.

It remains unclear if Biden had more aneurysms. Some medical experts say that people who have had an aneurysm can have another one.

An aneurysm, or a weakening of an artery wall, can lead to a rupture and internal bleeding, potentially placing a patient’s life in jeopardy.

Biden won’t be the only Democrat grappling with old age. Sen. Bernie Sanders, another 2020 frontrunner, is currently 77 years old and agreed with Biden last year that their ages will be an issue in the race.

“It’s part of a discussion, but it has to be part of an overall view of what somebody is and what somebody has accomplished,” Sanders told Politico.

“Look, you’ve got people who are 50 years of age who are not well, right? You’ve got people who are 90 years of age who are going to work every day, doing excellent work. And obviously, age is a factor. But it depends on the overall health and wellbeing of the individual.”

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Sanders released his medical records in 2016, with a Senate physician saying in a letter that the senator was “in overall very good health.”

Source: Fox News Politics

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German carmaker Daimler endured a weak start to the year, echoing troubles at other major manufacturers, as sales in the big Chinese market stuttered.

The company said Friday that its net income fell to 2.1 billion euros ($2.3 billion) in the first quarter from 2.3 billion euros during the same period a year earlier, while revenue dipped to 39.7 billion euros from 39.8 billion euros.

Vehicle sales fell 4% to 773,800 units, with a double-digit percentage drop in China offsetting gains in other markets like the U.S. and Europe.

The company said there were also problems with high inventories and bottlenecks in the supply chain.

Chairman Dieter Zetsche said that “we cannot and will not be satisfied with this — as expected — moderate start to the year.”

Source: Fox News World

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