Stembridge News Digest

  • Wall Street slides as high bond yields fan cost worries Tue, 24 Apr 2018 16:10:24 -0400
    NEW YORK (Reuters) - U.S. stocks slid on Tuesday as 10-year Treasury yields hit 3 percent for the first time in four years, stoking concerns over higher borrowing rates for companies already facing rising costs, and as quarterly results failed to deliver positive outlooks.


  • Trump and France's Macron seek new measures on Iran as deadline looms Tue, 24 Apr 2018 15:53:31 -0400
    WASHINGTON (Reuters) - President Donald Trump and French President Emmanuel Macron pledged on Tuesday to seek stronger measures to contain Iran, as the U.S. leader considers whether to ditch an international accord meant to prevent Tehran from obtaining a nuclear weapon.


  • Trump opens door for Jackson to pull out as nominee for veterans job Tue, 24 Apr 2018 16:30:27 -0400
    WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday left open the possibility that his doctor, Ronny Jackson, would withdraw as his pick to lead the Veterans Affairs department after allegations stalled his Senate confirmation hearing.


  • Toronto police eye deadly van attack suspect's 'cryptic message' Tue, 24 Apr 2018 15:37:45 -0400
    TORONTO (Reuters) - The man accused of plowing a rental van into pedestrians on a crowded Toronto sidewalk, killing 10 people, in Canada's deadliest mass killing in decades left a "cryptic message" on social media before his attack, police said on Tuesday.


  • Exclusive: Shire, Takeda reach breakthrough in deal talks - sources Tue, 24 Apr 2018 16:17:53 -0400
    (Reuters) - London-listed drugmaker Shire Plc and Japan's Takeda Pharmaceutical Co Ltd plan to announce a preliminary deal on Wednesday, after the latter sweetened its $62 billion acquisition offer, people familiar with the matter said.


  • EPA proposes to bar use of confidential data in rulemaking Tue, 24 Apr 2018 15:36:25 -0400
    WASHINGTON (Reuters) - The Environmental Protection Agency announced a new rule on Tuesday that would stop it from relying on scientific research underpinned by confidential data in its making of regulations.


  • U.S. consumer confidence, housing data highlight economy's strength Tue, 24 Apr 2018 14:24:08 -0400
    WASHINGTON (Reuters) - U.S. consumer confidence rebounded in April and new home sales increased more than expected in March, pointing to underlying strength in the economy despite signs that growth slowed in the first quarter.


  • Coke warns of pain from UK sugar tax, U.S. freight costs Tue, 24 Apr 2018 16:01:52 -0400
    (Reuters) - Coca-Cola Co said on Tuesday it would take a hit in the second quarter from the introduction of a British sugar tax on soft drinks and rising freight costs in the United States, overshadowing modestly better than forecast results for the first three months of 2018.


  • Bitcoin climbs to six-week high as market sentiment improves Tue, 24 Apr 2018 16:02:50 -0400
    NEW YORK (Reuters) - Bitcoin rose to a six-week high on Tuesday on positive headlines that included the possible entry of major financial institutions into the space, lifting sentiment on the overall cryptocurrency market.


  • Softbank, Google join $1.9 billion investment in China truck-hailing firm Tue, 24 Apr 2018 12:54:52 -0400
    BEIJING/SHANGHAI (Reuters) - Japan's Softbank Group and Alphabet Inc's venture capital fund CapitalG are among investors pouring $1.9 billion into a truck hailing service platform Manbang, the Chinese company said in a statement on Tuesday.
  • The Latest: Watchdog: VA nominee Jackson was unprofessional
    WASHINGTON (AP) — The Latest on Ronny Jackson, President Donald Trump's pick to be secretary of Veterans Affairs (all times local):

  • Sell-off in industrial, tech stocks sends Dow down 400
    NEW YORK (AP) — After a strong start, U.S. stocks abruptly sold off Tuesday after machinery maker Caterpillar said it doesn't expect to top its first-quarter profit for the rest of the year. The Dow Jones industrial average plunged as much as 619 points as investors feared that rising oil prices and other costs will slow down growth in company profits.

  • Toronto driver charged with 10 counts of 1st degree murder
    TORONTO (AP) — The 25-year-old suspect who plowed a van into a crowded Toronto sidewalk was ordered held Tuesday on 10 counts of murder and 13 of attempted murder as Canadian authorities and the public sought to make sense of one of the deadliest mass killings in the country's modern history.

  • Toronto van attack suspect was student, ex-military recruit
    TORONTO (AP) — Details have begun to emerge about Alek Minassian, who was charged Tuesday with 10 counts of first-degree murder and 13 of attempted murder for driving a van into a crowded sidewalk in Toronto. Here is a look at the 25-year-old suspect in one of the worst mass killings in Canada's modern history.

  • Trump warns: Iran will pay if it restarts nuclear program
    WASHINGTON (AP) — Weighing U.S. withdrawal from the Iran nuclear accord, President Donald Trump declared on Tuesday that if the Iranians "restart their nuclear program, they will have bigger problems than they've ever had before."

  • ‘Stupid Question’: Donald Trump Shuts Down ABC News Reporter Jon Karl Tue, 24 Apr 2018 15:15:29 +0000
    US President Donald Trump (R) and French President Emmanuel Macron speak to the media in the Oval Office at the White House in Washington, DC, on April 24, 2018. (Photo by Brendan Smialowski / AFP) (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
    President Donald Trump welcomed French President Emmanuel Macron to the White House, but he was not pleased by a question from ABC News reporter Jonathan Karl.
  • Donald Trump Warns Iran Against Restarting Nuclear Program: ‘They Restart it, They’re Going to Have Big Problems’ Tue, 24 Apr 2018 15:48:38 +0000
    Iranian President Hassan Rouhani warns Saudi Arabia that it will achieve nothing by threatening the might of Iran, as a war of words between the regional heavyweights intensifies
    “You’ll find out about that. It won’t be so easy for them to restart. They’re not going to be restarting anything. They restart it, they’re going to have big problems, bigger than they’ve ever had before,” Trump said.
  • Donald Trump Says Ronny Jackson ‘Doesn’t Need’ Position as Veterans Affairs Secretary; Previews Decision Soon Tue, 24 Apr 2018 17:48:43 +0000
    Ronny Jackson
    “I said to him, ‘What do you need it for?’” Trump said. “I don’t want to put a man through a process like this. It's too ugly and too disgusting.”
  • Nolte: Kanye West Is a Man. Shania Twain Is a Mouse. Tue, 24 Apr 2018 16:43:44 +0000

    As someone who is tired of seeing people bullied, persecuted, and hit with the scarlet letter of social  ostracism for the sin of holding controversial or "unacceptable" personal opinions, rap superstar Kanye West is a revolutionary breath of fresh air, while Shania Twain has proven to be a sniveling coward.
  • Cynthia Nixon Closing Gap with Andrew Cuomo in NY Gov Race Tue, 24 Apr 2018 14:04:29 +0000

    With a political eternity of nearly five months to go before the September 13 Democrat primary, the latest polling shows Sex and the City star Cynthia Nixon closing the gap with incumbent New York Governor Andrew Cuomo.
  • Rahm Emanuel Warns Dems to Tamp Down Impeachment Talk Tue, 24 Apr 2018 15:35:06 +0000
    sanctuary
    Monday at an Axios event in Chicago, Mayor Rahm Emanuel (D-IL) warned Democrats to not use the impeachment of President Donald Trump as a “political tool.” When asked if impeachment was a good issue for Democrats in the 2018 midterm, Emanuel said, “I lived through the Clinton White House. This is a serious legal and consequential, non-political issue. And my view is, there’s nothing there today that we know.” He continued, “I am angry at what he has done. But it is a legal, constitutional standard. When we get to it, we collectively as a country will know it. As we did with Richard Nixon.” Emanuel explained, “People know there’s a standard and that standard hasn’t been met. Even if you are really angry at this individual, our president. And I share that anger and frustration, but you don’t just treat the principle or the policy standard of impeachment that is embedded in how we deal with something as a political tool. It’s a constitutional standard and, when that standard has been met, we’ll know about it.” He added, “This is a case where the best politics is good policy.” Follow Pam Key on Twitter @pamkeyNEN
  • Three Teenagers Stabbed in London Overnight Amid Crime-Wave Tue, 24 Apr 2018 13:08:36 +0000

    London saw three more stabbings overnight into Tuesday, with three teenagers wounded in the city in just two hours as Britain's capital experiences a historic surge of murders and violent crime.
  • Fashion Notes: Melania Trump Steals the Show in Michael Kors Hat, Suit Tue, 24 Apr 2018 15:51:32 +0000

    First Lady Melania Trump stole the show when she stepped out of the White House alongside President Trump in a stark white hat and matching belted skirt suit to greet French President Emmanuel Macron and his wife, Brigitte Macron at the White House on Tuesday.
  • Donald Trump: Kim Jong-Un ‘Very Honorable’ Ahead of Planned Summit Tue, 24 Apr 2018 16:40:47 +0000
    Kim Jong-un and Donald Trump
    President Donald Trump revealed he was pleased with negotiations with North Korean dictator Kim Jong-un ahead of their planned summit.
  • Snoop Dogg: Trump Ignoring Black Victims, Hero of Waffle House Shooting Tue, 24 Apr 2018 15:41:54 +0000

    California rapper-actor Snoop Dogg shared an Instagram post claiming President Donald Trump would have been vocal about the deadly April 21 Waffle House shooting if the attacker had been Muslim.
  • Liberal Sportswriter Triggered by ‘Racist’ Trump Pardoning Black Boxer Jack Johnson Tue, 24 Apr 2018 15:11:40 +0000

    The liberal The Nation magazine is apparently furious that "racist" President Donald Trump is preparing to issue a posthumous pardon for Jack Johnson, America’s first black heavyweight boxing champion.
  • Tijuana: 147 Killed in April — 691 in 2018 Tue, 24 Apr 2018 13:59:09 +0000

    Cartel killings are continuing at an alarming rate in Tijuana with 41 homicides registered since April 16—raising the total number for 2018 to 691.
  • Three Mexican Film Students Were Murdered and Dissolved in Acid Tue, 24 Apr 2018 14:56:22 +0000

    Outrage and disbelief is spreading throughout Mexico after authorities in Jalisco announced that three film students reported missing were killed and dissolved in acid. The suspects are members of Cartel Jalisco Nueva Generación (CJNG).
  • Parliament Offers ‘Islamist’ Group Opportunity to Create Official ‘Islamophobia’ Definition Tue, 24 Apr 2018 13:24:42 +0000
    Churches
    MPs are to write a report on identifying a “working definition of Islamophobia”, appealing to hard-line Islamist and far left, Soros-funded groups to contribute.
  • Germany’s Solar Industry Crashes and Burns Tue, 24 Apr 2018 13:04:03 +0000

    Germany's solar industry has crashed and burned after the government drastically cut its subsidies.

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