Economy

Pulse nightclub shooter Omar Mateen's widow Noor Salman acquitted

Pulse nightclub shooter Omar Mateen's widow Noor Salman acquitted Upon being notified that she was not guilty, Salman and a member of her legal team burst into tears. Family members and spokespeople of Ms. Salman speak with members of the media outside a federal courthouse. She had faced a sentence of up to life in prison. Her family says that after spending a year in jail awaiting trial, her priority is to be reunited with her five-year-old son. [Full Article...]

Realtor Vicki Momberg handed three-year jail sentence for racist rant

Realtor Vicki Momberg handed three-year jail sentence for racist rant In a brief address to the court before his sentencing, Krafft said he didn't think the jury's recommendation was appropriate, and he called the 25-year term "a little extreme". Momberg was convicted in November of crimen injuria , the use of racial or other emotionally damaging insults that "unlawfully, intentionally, and seriously [impair] the dignity of another". [Full Article...]

State leaders' action on elections is 'reprehensible'

State leaders' action on elections is 'reprehensible' In January, the Democrat Patty Schachtner defeated the Republican Rep. Adam Jarchow in a special election for an open seat in a deeply red state Senate district in northwest Wisconsin. The judge criticized Governor Walker. "I am not ruling on what the law might be in the future", Niess said Tuesday. Fitzgerald said people would still have representation since Assembly and Senate districts over... [Full Article...]

Apple's Tim Cook Slams Facebook: Privacy 'Is a Human Right'

Apple's Tim Cook Slams Facebook: Privacy 'Is a Human Right' Cook also said that it is past time to regulate Facebook, claiming "the best regulation is no regulation, is self-regulation". " However, I think we're beyond that here ", said Cook. "You are a jewel, and we care about the user experience, and we're not going to traffic in your personal life", Tim Cook said in Chicago's hall event. [Full Article...]

SoftBank and Saudi Arabia Planning Largest Solar Project Ever

SoftBank and Saudi Arabia Planning Largest Solar Project Ever The project is expected to build out all 200 gigawatts of the project by 2030, Masayoshi Sons said. The crown prince is pursuing structural reforms in Saudi Arabia to reduce the reliance of the country's economy on oil. Masayoshi Son said the project would create 100,000 jobs and reduce the cost of producing by 40 billion Dollars. About two-thirds of this energy was generated by natural gas an... [Full Article...]

China started trading its own crude oil futures

China started trading its own crude oil futures The global benchmark dipped 0.57 per cent, or 40 cents, to $69.71 per barrel, while West Texas Intermediate, the U.S. benchmark, fell below the $65 level to $64.60 per barrel, down one per cent. The move will provide the country with new pricing powers, boost its national energy security and help promote the Chinese currency globally. It is more of a game changer for the US. [Full Article...]

The first non-stop flight from Australia to the United Kingdom has landed

The first non-stop flight from Australia to the United Kingdom has landed It took the Boeing 787-9 Dreamliner just over 17 hours to complete the 9,226-mile trip and it made it ahead of the estimated time of arrival of 5.10am. Qantas said the aircraft was operated by four pilots across the 17-hour journey - with one or two pilots resting at any one time - and seats 236 passengers . [Full Article...]

Metal tariffs suspended for key U.S. trade partners

Earlier on Thursday, U.S. President Donald Trump signed a memorandum that could impose tariffs on up to 60 billion U.S. dollars worth of imports from China, the latest unilateral move that poses a threat to global trade. Trump to refrain from imposing tariffs . Betty Wang, an economist at ANZ bank, said China's reaction is "relatively mild". A very conservative calculation, by some estim... [Full Article...]

Daniel Bryan's Doctor Talks Medical Records & WWE Return

Daniel Bryan's Doctor Talks Medical Records & WWE Return He said: "I evaluated Bryan for a neurological opinion on return to WWE on February 26, 2018". He brawled with Kevin Owens and Sami Zayn before being taken out of the arena on a stretcher. Following his retirement, Bryan sought out the advice of specialists to see if he'd ever be able to wrestle again. "I have some news for you". Ultimately it didn't matter how many doctors cleared him... [Full Article...]

Toys R' Us and Babies R' Us close doors

Toys R' Us and Babies R' Us close doors Efforts to merge up to 200 top-performing US stores with its Canadian operations are also underway. Toys R Us will be closing or selling all of its USA stores after filing a motion to liquidate its U.S. The company filed for Chapter 11 bankruptcy protection in September. Its downfall had been blamed on a heavy debt load and relentless trends that undercut its business model, from online sh... [Full Article...]

Avengers attractions are coming to Disneyland parks around the world

Avengers attractions are coming to Disneyland parks around the world At Anaheim's Disney California Adventure, they have already transformed the Twilight Zone Tower of Terror into Guardians of the Galaxy - Mission: BREAKOUT! With so much underway, Disney parks all over the world continue to elevate the guest experience with one-of-a-kind attractions, lands, entertainment, and lodging. [Full Article...]

TDP MPs stay away from Speaker's lunch to protest House proceedings

TDP MPs stay away from Speaker's lunch to protest House proceedings Support has been flowing in from the opposition parties to the decision of the Telugu Desam Party (TDP ) to call its quits with the National Democratic Alliance (NDA). The All India Anna Dravida Munnetra Kazhakam (AIADMK) announced that the top leadership will decide on the party's stand towards the no-confidence motion of the TDP. [Full Article...]

Volkswagen Group to rapidly expand electric vehicle production

Volkswagen Group to rapidly expand electric vehicle production As part of VW's €20bn push into electric cars, it is setting up a standalone subbrand for battery-powered vehicles. As we discussed in the latest episode of the Electrek Podcast, Volkswagen's electric auto efforts mostly consist of press releases and concept vehicles at this time, but they seem quite serious about it based on their investments. [Full Article...]

Broadcom withdraws offer to acquire Qualcomm

Broadcom withdraws offer to acquire Qualcomm On recommendation from the Committee on Foreign Investment in the United States, the president found there was "credible evidence" that the Singapore-incorporated Broadcom "might take action that threatens to impair the national". "Although we are disappointed with this outcome, Broadcom will comply with the order". The order quashing the Broadcom-Qualcomm deal is being met with a wide range of ... [Full Article...]

US House easily approves bill to reduce school violence

US House easily approves bill to reduce school violence Rep. Ted Deutch (D-FL) said on passage of the legislation. he is an original co-sponsor. Rep. Chris Stewart said the bill would help "ensure our kids are safe at school" and noted the millions of dollars that would help school boards improve security, seek crisis intervention and coordinate with law enforcement. [Full Article...]

Toys 'R' Us To Close All US Stores

Toys 'R' Us To Close All US Stores Toys R Us had vowed to stay open when it filed for Chapter 11 bankruptcy protection last fall, but Brandon told employees its sales performance during the holiday season was "devastating". GlobalData Retail estimates that almost 14 percent of toy sales were made online in 2016, more than double the level five years ago. And the number of online baby product retailers is expected to grow, IBIS... [Full Article...]

Will Star Wars 9 Give Rey and Kylo Ren a Sex Scene?

Will Star Wars 9 Give Rey and Kylo Ren a Sex Scene? In Lucasfilm's Star Wars: The Last Jedi , the Skywalker saga continues as the heroes of The Force Awakens join the galactic legends in an epic adventure that unlocks age-old mysteries of the Force and shocking revelations of the past. While he eventually came around on The Last Jedi and regretted voicing his doubts, this wasn't the first time that Mark Hamill had some qualms with what the ... [Full Article...]

Google will be banning cryptocurrency ads from June onwards

Google will be banning cryptocurrency ads from June onwards Google's Director of Sustainable Ads - Scott Spencer, in his latest blog post , has announced major changes to their Ad Policy pertaining to Finance related services. That's more than 100 bad ads per second! Last year, Google removed 320,000 publishers from its ad network for violating its publisher policies and blacklisted almost 90,000 websites and 700,000 mobile apps. [Full Article...]

Iowa Senate majority leader steps down after video shows him kissing lobbyist

Iowa Senate majority leader steps down after video shows him kissing lobbyist The 18-year legislative veteran is married with three children, according to his statehouse biography. Dix has been under pressure in the past year for his role in the sacking of Kristen Anderson, a communications director who complained about lewd behaviour in the Republican Senate caucus office. [Full Article...]

Vermont Unemployment Rate Low As Labor Shortage Builds

Vermont Unemployment Rate Low As Labor Shortage Builds The jobless rate for black men 20 and older dropped to 5.9 percent in February compared with 7.5 percent in January, according to the U.S. Bureau of Labor Statistics. The federal government spends the start of each year doing a deeper dive on each state's employment data. In December, state officials announced there 369,000 people without jobs out of a workforce of 10.1 million. [Full Article...]


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