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News Slideshows (07/10/2019 03 hours)


  • 1/74   News Photos Slideshows
    PEOPLE TOPIC NEWS

    News Photos Slideshows - Hot Trends - Click on the image to view in augmented reality or in stereo 3D

    News Photos Slideshows - Hot Trends - Click on the image to view in augmented reality or in stereo 3D


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    Press Review


    Joe Buck   Robert Redford   Freddie Freeman   Jeremiah Johnson   Kershaw   Brantley   Distraction Becky   Verlander   Tyreek Hill   American League   John Smoltz   HBO Max   Shinsuke   Anfernee Simons   Grizzly Adams   Dr. Smooth   Arenado   Aroldis Chapman   Ketel Marte   Aziz Ansari   LayCool   No. 45   Mic'd   Jokiharju   Maki Pitolo   Friends and The Office   Joe Manchin   Nassir Little   
  • 2/74   Viola Davis’s message to white women: ‘Get to know me’
    PEOPLE TOPIC NEWS

    But Davis does see a path forward: empathy and becoming educated on one another’s experiences.

    But Davis does see a path forward: empathy and becoming educated on one another’s experiences.


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  • 3/74   Swizz Beatz, Alicia Keys’s husband, says hip-hop industry lacks compassion
    PEOPLE TOPIC NEWS

    Iconic hip-hop producer and Alicia Keys’s husband, Swizz Beatz, isn’t afraid to tell his guy friends he loves them.

    Iconic hip-hop producer and Alicia Keys’s husband, Swizz Beatz, isn’t afraid to tell his guy friends he loves them.


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  • 4/74   Mike 'The Situation' Sorrentino Is 'Having the Time of His Life' in Prison, Snooki Says
    PEOPLE TOPIC NEWS

    Mike 'The Situation' Sorrentino Is 'Having the Time of His Life' in Prison

    Mike 'The Situation' Sorrentino Is 'Having the Time of His Life' in Prison


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  • 5/74   'Avengers: Endgame' tops 'Star Wars,' breaks previous pre-sale record
    PEOPLE TOPIC NEWS

    'Avengers: Endgame' tops 'Star Wars,' breaks previous pre-sale record originally appeared on goodmorningamerica.com"Avengers: Endgame" tickets went on sale Tuesday and just like Thanos' famous snap, they were gone just like that. But way more than half.Fandango is reporting that "Endgame" has broken its pre-sale records, topping the previous holder, "Star Wars: The Force Awakens."(MORE: New 'Avengers: Endgame' trailer features Captain Marvel, the battle to beat Thanos)Guess the force is strong with Earth's mightiest heroes. ...

    'Avengers: Endgame' tops 'Star Wars,' breaks previous pre-sale record originally appeared on goodmorningamerica.com"Avengers: Endgame" tickets went on sale Tuesday and just like Thanos' famous snap, they were gone just like that. But way more than half.Fandango is reporting that "Endgame" has broken its pre-sale records, topping the previous holder, "Star Wars: The Force Awakens."(MORE: New 'Avengers: Endgame' trailer features Captain Marvel, the battle to beat Thanos)Guess the force is strong with Earth's mightiest heroes. ...


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  • 6/74   Selma Blair reveals she cried with relief at MS diagnosis after being 'not taken seriously' by doctors
    PEOPLE TOPIC NEWS

    The 46-year-old actress is now revealing the agony she went through before receiving a diagnosis of multiple sclerosis (MS) last August.'Ever since my son was born, I was in an MS flare-up and didn't know, and I was giving it everything to seem normal,' Blair told Robin Roberts in an interview that aired Tuesday on 'Good Morning America.' 'And I was self-medicating when he wasn't with me.  Blair recalled that she would get so fatigued prior to her diagnosis that she would need to pull over to take a nap after dropping her son, now 7, off at his school one mile away from their home.  During her interview with 'GMA' at her Los Angeles home, Blair was in an 'exacerbation' of MS, or an attack that causes new symptoms or the worsening of existing symptoms.

    The 46-year-old actress is now revealing the agony she went through before receiving a diagnosis of multiple sclerosis (MS) last August.'Ever since my son was born, I was in an MS flare-up and didn't know, and I was giving it everything to seem normal,' Blair told Robin Roberts in an interview that aired Tuesday on 'Good Morning America.' 'And I was self-medicating when he wasn't with me. Blair recalled that she would get so fatigued prior to her diagnosis that she would need to pull over to take a nap after dropping her son, now 7, off at his school one mile away from their home. During her interview with 'GMA' at her Los Angeles home, Blair was in an 'exacerbation' of MS, or an attack that causes new symptoms or the worsening of existing symptoms.


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  • 7/74   They won't be loved: Maroon 5 play it safe with dullest halftime show of all time
    PEOPLE TOPIC NEWS

    Maroon 5 could have silenced their many haters with a spectacular performance. But they didn’t do that.

    Maroon 5 could have silenced their many haters with a spectacular performance. But they didn’t do that.


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  • 8/74   After fighting for 9/11 victims, Jon Stewart turns to Warrior Games
    SPORTS TOPIC NEWS

    The former “Daily Show” host is serving as the host and emcee of this week’s 2019 Department of Defense Warrior Games in Tampa, where about 300 wounded, ill or injured active-duty and veteran military athletes are competing in 14 adaptive sports.

    The former “Daily Show” host is serving as the host and emcee of this week’s 2019 Department of Defense Warrior Games in Tampa, where about 300 wounded, ill or injured active-duty and veteran military athletes are competing in 14 adaptive sports.


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  • 9/74   Kevin Love talks anxiety, depression and the time he thought he was going to die mid-game
    SPORTS TOPIC NEWS

    “Dear Men” explores how men are navigating the evolution of manhood. NBA All-Star Kevin Love’s mental health journey began in a moment of anxiety on the basketball court during a November 2017 game against the Atlanta Hawks.

    “Dear Men” explores how men are navigating the evolution of manhood. NBA All-Star Kevin Love’s mental health journey began in a moment of anxiety on the basketball court during a November 2017 game against the Atlanta Hawks.


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  • 10/74   Is there a crisis with our boys? Expert says they need love, not discipline
    SPORTS TOPIC NEWS

    “Dear Men” explores how men are navigating the evolution of manhood. You can watch the current week's full episode of “Dear Men” every Wednesday at 8 p.m. ET on Roku. So why are young men struggling? So I don’t never hold back my tears when I'm feeling an emotional overload,” he said.

    “Dear Men” explores how men are navigating the evolution of manhood. You can watch the current week's full episode of “Dear Men” every Wednesday at 8 p.m. ET on Roku. So why are young men struggling? So I don’t never hold back my tears when I'm feeling an emotional overload,” he said.


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  • 11/74   Aly Raisman on Larry Nassar assault: Sometimes people forget I'm still coping with it
    SPORTS TOPIC NEWS

    It has been a year since former USA Gymnastics team doctor Larry Nassar was sentenced to 40 to 175 years in prison for abusing more than 150 girls. But Olympic gold medalist Aly Raisman is still coming to terms with the sexual abuse she experienced as a teenager.

    It has been a year since former USA Gymnastics team doctor Larry Nassar was sentenced to 40 to 175 years in prison for abusing more than 150 girls. But Olympic gold medalist Aly Raisman is still coming to terms with the sexual abuse she experienced as a teenager.


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  • 12/74   Aly Raisman on Larry Nassar assault: Sometimes people forget I’m still coping with it
    SPORTS TOPIC NEWS

    Olympic gold medalist Aly Raisman tells the Yahoo News show “Through Her Eyes” that she sometimes finds it difficult to hear the graphic details in the sexual assault stories of others, as she is still coping with her own traumatic experience.

    Olympic gold medalist Aly Raisman tells the Yahoo News show “Through Her Eyes” that she sometimes finds it difficult to hear the graphic details in the sexual assault stories of others, as she is still coping with her own traumatic experience.


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  • 13/74   For the love of the brain: One mother's fight for CTE awareness
    SPORTS TOPIC NEWS

    Karen Kinzle Zegel spends her days working on the Patrick Risha CTE Awareness Foundation website, fielding questions and giving out information on a disease she barely knew existed five years ago – until it took the life of her son, for whom the foundation is named.  Karen remembers, “We were a football family, his dad was a coach, I would cheer and yell and you know, do all the things the football mom does.  At the time, she was unaware of CTE – chronic traumatic encephalopathy, a degenerative brain disease caused by repeated blows to the head – and the role it was playing in Patrick’s life.

    Karen Kinzle Zegel spends her days working on the Patrick Risha CTE Awareness Foundation website, fielding questions and giving out information on a disease she barely knew existed five years ago – until it took the life of her son, for whom the foundation is named. Karen remembers, “We were a football family, his dad was a coach, I would cheer and yell and you know, do all the things the football mom does. At the time, she was unaware of CTE – chronic traumatic encephalopathy, a degenerative brain disease caused by repeated blows to the head – and the role it was playing in Patrick’s life.


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  • 14/74   7 tax scams to watch out for this year

    In case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard-earned cash and personal information from right under your nose.

    In case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard-earned cash and personal information from right under your nose.


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  • 15/74   Mother Angry After School's Robocall Keeps Mispronouncing Daughter's Name As A Racial Slur

    The daughter's name is Nicarri.

    The daughter's name is Nicarri.


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  • 16/74   Avowed Apple Fan Jeb Bush Realizes His Apple Watch Can Take Phone Calls

    Jeb Bush's love of Apple products has been widely documented, and the Republican presidential candidate continues to wear his Apple Watch on the campaign trail. Yesterday, in a meeting with The Des Moines Register editorial board documented by USA Today, Bush stumbled upon a feature he didn’t realize his smartwatch was capable of: taking phone calls. Somehow Bush managed to take a call without picking up his iPhone, and the sound of a person’s voice saying hello breaks through the meeting noise, to which Bush responds, “My watch can’t be talking.”

    Jeb Bush's love of Apple products has been widely documented, and the Republican presidential candidate continues to wear his Apple Watch on the campaign trail. Yesterday, in a meeting with The Des Moines Register editorial board documented by USA Today, Bush stumbled upon a feature he didn’t realize his smartwatch was capable of: taking phone calls. Somehow Bush managed to take a call without picking up his iPhone, and the sound of a person’s voice saying hello breaks through the meeting noise, to which Bush responds, “My watch can’t be talking.”


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  • 17/74   Social media welcomes Pope Francis to the United States

    Pope Francis gets the social media treatment upon arriving in the U.S. Tuesday.  As Pope Francis’s flight touched down in Washington, D.C. on Tuesday, Twitter unveiled a new batch of emojis created for the highly anticipated papal visit.  Until his departure from the United States on Sunday, Twitter users chronicling the Catholic leader’s East Coast journey will be able to include a cartoon image of the Pope’s face in front of the American flag on all Pope-related tweets by using the hashtag #PopeinUS.

    Pope Francis gets the social media treatment upon arriving in the U.S. Tuesday. As Pope Francis’s flight touched down in Washington, D.C. on Tuesday, Twitter unveiled a new batch of emojis created for the highly anticipated papal visit. Until his departure from the United States on Sunday, Twitter users chronicling the Catholic leader’s East Coast journey will be able to include a cartoon image of the Pope’s face in front of the American flag on all Pope-related tweets by using the hashtag #PopeinUS.


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  • 18/74   AP Photos: Countless lucky cats beckon at Tokyo temple
    TECHNOLOGY TOPIC NEWS

    Countless cats beckon visitors at a temple in a quiet Tokyo neighborhood.  Legend provided by the Gotokuji Buddhist temple says it is the birthplace of beckoning cats, the figurines widely believed to bring good luck and prosperity.  Some visitors come to the temple to snap a few photos, while others pray and make wishes.

    Countless cats beckon visitors at a temple in a quiet Tokyo neighborhood. Legend provided by the Gotokuji Buddhist temple says it is the birthplace of beckoning cats, the figurines widely believed to bring good luck and prosperity. Some visitors come to the temple to snap a few photos, while others pray and make wishes.


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  • 19/74   Oil rises more than 1% after U.S. stockpile drop; Brent nears $65
    TECHNOLOGY TOPIC NEWS

    Oil prices gained more than 1% in early trade on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row, alleviating concerns about oversupply.  West Texas Intermediate (WTI) WTI futures  rose 90 cents, or 1.5%, to $58.73 by 0027 GMT.  The U.S. and global benchmarks have risen this year as OPEC and big producers like Russia have honored commitments to cut production and support prices.

    Oil prices gained more than 1% in early trade on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row, alleviating concerns about oversupply. West Texas Intermediate (WTI) WTI futures rose 90 cents, or 1.5%, to $58.73 by 0027 GMT. The U.S. and global benchmarks have risen this year as OPEC and big producers like Russia have honored commitments to cut production and support prices.


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  • 20/74   Tesla Isn't Planning to Refresh Its Model S and X
    TECHNOLOGY TOPIC NEWS

    Should investors be concerned?

    Should investors be concerned?


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  • 21/74   Did Computime Group Limited (HKG:320) Insiders Buy Up More Shares?
    TECHNOLOGY TOPIC NEWS

    It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

    It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...


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  • 22/74   U.S., China's Top Trade Officials Make First Contact Since Truce
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone with their Chinese counterparts, marking the first high-level contact after their presidents agreed to resume trade talks last month.The American officials spoke to Chinese Vice Premier Liu He and Commerce Minister Zhong Shan on Tuesday, according to an emailed statement from a U.S. government official who declined to be named in line with policy. Both sides will continue these talks as appropriate, the official said, without offering more details on the next steps.China’s Ministry of Commerce confirmed the conversation in a brief statement Wednesday morning, saying the two sides “exchanged opinions on implementing the consensus reached in Osaka” by Presidents Xi Jinping and Donald Trump.White House economic adviser Larry Kudlow characterized the discussion as “constructive,” and said officials are planning more meetings but that no details have been confirmed. “Hopefully we can pick up where we left off but I don’t know that,” he told reporters Tuesday.The U.S. officials will continue to speak with their Chinese counterparts on trade issues and perhaps make a trip there "shortly," Kellyanne Conway, counselor to President Trump, told reporters in Washington.President Donald Trump and Chinese leader Xi Jinping agreed to a tentative pause in their almost year-long trade war after meeting at the Group-of-20 leaders’ summit in Japan on June 29, and they directed their negotiators to find a path forward on a deal. The leaders didn’t outline a time-frame for negotiations or a deadline to finalize a trade deal.Tentative Cease-fireThe talks broke down in May after the U.S. accused China of reneging on draft commitments, while the two sides remain at odds over significant aspects of a deal.Under the tentative cease-fire, Trump agreed to postpone new tariffs on about $300 billion of Chinese imports, though he left in place the existing 25% duty on about $260 billion of Chinese products. The U.S. president also said he would allow U.S. companies to resume supplying some of their products to Huawei Technologies Co., but added that the Chinese telecommunications-gear-making giant would remain on a Commerce Department trade blacklist over national security concerns.Earlier Tuesday, Kudlow said at an event in Washington that the U.S. government would ease restrictions on Huawei by relaxing the licensing requirements from Commerce. He added that Xi had agreed with Trump to scale up purchases of American products, including soybeans and wheat, along with possibly energy as part of a “good-faith” move to show how open China is to resolving trade differences.(Updates with China reponse, Conway comments in the third, fifth paragraphs.)\--With assistance from Reade Pickert, Alyza Sebenius and Yinan Zhao.To contact Bloomberg News staff for this story: Jenny Leonard in Washington at jleonard67@bloomberg.netTo contact the editors responsible for this story: Sarah McGregor at smcgregor5@bloomberg.net, ;Margaret Collins at mcollins45@bloomberg.net, Jeffrey BlackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone with their Chinese counterparts, marking the first high-level contact after their presidents agreed to resume trade talks last month.The American officials spoke to Chinese Vice Premier Liu He and Commerce Minister Zhong Shan on Tuesday, according to an emailed statement from a U.S. government official who declined to be named in line with policy. Both sides will continue these talks as appropriate, the official said, without offering more details on the next steps.China’s Ministry of Commerce confirmed the conversation in a brief statement Wednesday morning, saying the two sides “exchanged opinions on implementing the consensus reached in Osaka” by Presidents Xi Jinping and Donald Trump.White House economic adviser Larry Kudlow characterized the discussion as “constructive,” and said officials are planning more meetings but that no details have been confirmed. “Hopefully we can pick up where we left off but I don’t know that,” he told reporters Tuesday.The U.S. officials will continue to speak with their Chinese counterparts on trade issues and perhaps make a trip there "shortly," Kellyanne Conway, counselor to President Trump, told reporters in Washington.President Donald Trump and Chinese leader Xi Jinping agreed to a tentative pause in their almost year-long trade war after meeting at the Group-of-20 leaders’ summit in Japan on June 29, and they directed their negotiators to find a path forward on a deal. The leaders didn’t outline a time-frame for negotiations or a deadline to finalize a trade deal.Tentative Cease-fireThe talks broke down in May after the U.S. accused China of reneging on draft commitments, while the two sides remain at odds over significant aspects of a deal.Under the tentative cease-fire, Trump agreed to postpone new tariffs on about $300 billion of Chinese imports, though he left in place the existing 25% duty on about $260 billion of Chinese products. The U.S. president also said he would allow U.S. companies to resume supplying some of their products to Huawei Technologies Co., but added that the Chinese telecommunications-gear-making giant would remain on a Commerce Department trade blacklist over national security concerns.Earlier Tuesday, Kudlow said at an event in Washington that the U.S. government would ease restrictions on Huawei by relaxing the licensing requirements from Commerce. He added that Xi had agreed with Trump to scale up purchases of American products, including soybeans and wheat, along with possibly energy as part of a “good-faith” move to show how open China is to resolving trade differences.(Updates with China reponse, Conway comments in the third, fifth paragraphs.)\--With assistance from Reade Pickert, Alyza Sebenius and Yinan Zhao.To contact Bloomberg News staff for this story: Jenny Leonard in Washington at jleonard67@bloomberg.netTo contact the editors responsible for this story: Sarah McGregor at smcgregor5@bloomberg.net, ;Margaret Collins at mcollins45@bloomberg.net, Jeffrey BlackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 23/74   You Might Like Maanshan Iron & Steel Company Limited (HKG:323) But Do You Like Its Debt?
    TECHNOLOGY TOPIC NEWS

    Maanshan Iron & Steel Company Limited (HKG:323) is a small-cap stock with a market capitalization of HK$28b. While...

    Maanshan Iron & Steel Company Limited (HKG:323) is a small-cap stock with a market capitalization of HK$28b. While...


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  • 24/74   What You Must Know About ArtGo Holdings Limited's (HKG:3313) Beta Value
    TECHNOLOGY TOPIC NEWS

    If you're interested in ArtGo Holdings Limited (HKG:3313), then you might want to consider its beta (a measure of...

    If you're interested in ArtGo Holdings Limited (HKG:3313), then you might want to consider its beta (a measure of...


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  • 25/74   Lyft self-driving cars offer tactile maps, diagrams for blind riders
    TECHNOLOGY TOPIC NEWS

    Aptiv's self-driving cars on the Lyft ride-hailing network drove down the Las Vegas strip with blind and low-vision passengers along for the ride. For many of the riders, this was their first time in a self-driving vehicle of any sort. After three hours and about 50 demo rides in conjunction with the National Federation of the Blind's annual convention in Las Vegas, it was also a way to demonstrate how the blind and low-vision community can use robo-taxi services.Each ride included a paper tactile graphic with braille describing what makes the car autonomous (LiDAR, radar, cameras, and other sensors) and how the self-driving tech works along with a tactile map of the route to the Vegas sign. The paper map and diagram were made with the Lighthouse for the Blind and Visually Impaired nonprofit organization. Read more...More about Lyft, Self Driving Cars, Blind Community, Aptiv, and Tech

    Aptiv's self-driving cars on the Lyft ride-hailing network drove down the Las Vegas strip with blind and low-vision passengers along for the ride. For many of the riders, this was their first time in a self-driving vehicle of any sort. After three hours and about 50 demo rides in conjunction with the National Federation of the Blind's annual convention in Las Vegas, it was also a way to demonstrate how the blind and low-vision community can use robo-taxi services.Each ride included a paper tactile graphic with braille describing what makes the car autonomous (LiDAR, radar, cameras, and other sensors) and how the self-driving tech works along with a tactile map of the route to the Vegas sign. The paper map and diagram were made with the Lighthouse for the Blind and Visually Impaired nonprofit organization. Read more...More about Lyft, Self Driving Cars, Blind Community, Aptiv, and Tech


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  • 26/74   At HK$3.10, Is It Time To Put PAX Global Technology Limited (HKG:327) On Your Watch List?
    TECHNOLOGY TOPIC NEWS

    PAX Global Technology Limited (HKG:327), which is in the electronic business, and is based in Hong Kong, saw...

    PAX Global Technology Limited (HKG:327), which is in the electronic business, and is based in Hong Kong, saw...


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  • 27/74   Kohl's Amazon Returns Program Is Now Available Nationwide
    TECHNOLOGY TOPIC NEWS

    Amazon customers can now make returns for free at any Kohl's store. Here's what that means for the No. 2 U.S. department store chain.

    Amazon customers can now make returns for free at any Kohl's store. Here's what that means for the No. 2 U.S. department store chain.


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  • 28/74   Are Insiders Buying Ganesha Ecosphere Limited (NSE:GANECOS) Stock?
    TECHNOLOGY TOPIC NEWS

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...


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  • 29/74   Has Mangalore Chemicals & Fertilizers Limited (NSE:MANGCHEFER) Been Employing Capital Shrewdly?
    TECHNOLOGY TOPIC NEWS

    Today we'll evaluate Mangalore Chemicals & Fertilizers Limited (NSE:MANGCHEFER) to determine whether it could have...

    Today we'll evaluate Mangalore Chemicals & Fertilizers Limited (NSE:MANGCHEFER) to determine whether it could have...


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  • 30/74   Taco Bell Is Facing a "Tortillapocalypse"
    TECHNOLOGY TOPIC NEWS

    The lack of tortillas is different from ingredient shortages other chains have faced.

    The lack of tortillas is different from ingredient shortages other chains have faced.


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  • 31/74   Why ELGI Equipments Limited (NSE:ELGIEQUIP) Should Be In Your Dividend Portfolio
    TECHNOLOGY TOPIC NEWS

    Could ELGI Equipments Limited (NSE:ELGIEQUIP) be an attractive dividend share to own for the long haul? Investors are...

    Could ELGI Equipments Limited (NSE:ELGIEQUIP) be an attractive dividend share to own for the long haul? Investors are...


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  • 32/74   Do You Like Rail Vikas Nigam Limited (NSE:RVNL) At This P/E Ratio?
    TECHNOLOGY TOPIC NEWS

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...


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  • 33/74   WD-40 Co (WDFC) Q3 2019 Earnings Call Transcript
    TECHNOLOGY TOPIC NEWS

    WDFC earnings call for the period ending July 9, 2019.

    WDFC earnings call for the period ending July 9, 2019.


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  • 34/74   Asian Stocks Trade Mixed Ahead of Powell Testimony: Markets Wrap
    TECHNOLOGY TOPIC NEWS

    (Bloomberg) -- Stocks in Asia were trading mixed after a subdued session on Wall Street, with investors awaited clues on policy from Federal Reserve Chairman Jerome Powell. U.S. Treasury yields touched a three-week high, offering support for the dollar. Japan’s Topix index dropped at the open, while shares rose in South Korea and Australia. Futures on the S&P 500 Index were little changed after closing almost flat on Tuesday. Yields on 10-year Treasuries reached 2.07%, while the dollar hit the highest in more than five weeks against the yen. Mexico’s peso steadied after sliding on news that the country’s finance minister quit.Powell’s two days of semiannual testimony in Congress on the economic and policy outlook will set expectations for the Fed’s policy meeting at the end of July. With both equities and bonds sitting on outsize gains since the start of the year, it’s unclear what further oomph they can get given that traders are already discounting a cycle of interest-rate cuts. Even so, some see any confirmation of easing plans as a trigger for a further rally in equities.“Unless you get some huge red flags from the testimony over the next two days, we are going to enter into a more accomodative environment,” Anna Han, equity strategist at Wells Fargo Securities, told Bloomberg TV in New York. “That’s an opportunity to put risk on.”Elsewhere, Italian bonds rose as the country took advantage of low borrowing costs to sell 50-year bonds. West Texas intermediate crude gained following a report that Russian output declined.Here are some key events coming up:Powell testifies before Congress on monetary policy and the state of the U.S. economy on Wednesday (the House of Representatives) and Thursday (the Senate).Fed minutes are due on Wednesday, ECB minutes on Thursday.A key measure of U.S. inflation -- the core consumer price index, due Thursday -- is expected to have increased 0.2% in June from the prior month, while the broader CPI is forecast to remain unchanged.U.S. producer prices are due on Friday.Here are the main moves in markets:StocksFutures on the S&P 500 Index rose 0.1% as of 9:05 a.m. in Tokyo. The underlying gauge gained 0.1% Tuesday.Japan’s Topix index fell 0.5%.South Korea’s Kospi index gained 0.6%.Australia’s S&P/ASX 200 Index advanced 0.2%.CurrenciesThe yen slipped 0.1% to 108.96 per dollar.The offshore yuan was steady at 6.8940 per dollar.The euro bought $1.1204, little changed.BondsThe yield on 10-year Treasuries rose one basis point to 2.07%.Australia’s 10-year yield rose one basis point to 1.33%.CommoditiesWest Texas Intermediate crude gained 1.4% to $58.66 a barrel.Gold was at $1,394.31 an ounce, down 0.2%.To contact the reporter on this story: Adam Haigh in Sydney at ahaigh1@bloomberg.netTo contact the editor responsible for this story: Christopher Anstey at canstey@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Stocks in Asia were trading mixed after a subdued session on Wall Street, with investors awaited clues on policy from Federal Reserve Chairman Jerome Powell. U.S. Treasury yields touched a three-week high, offering support for the dollar. Japan’s Topix index dropped at the open, while shares rose in South Korea and Australia. Futures on the S&P 500 Index were little changed after closing almost flat on Tuesday. Yields on 10-year Treasuries reached 2.07%, while the dollar hit the highest in more than five weeks against the yen. Mexico’s peso steadied after sliding on news that the country’s finance minister quit.Powell’s two days of semiannual testimony in Congress on the economic and policy outlook will set expectations for the Fed’s policy meeting at the end of July. With both equities and bonds sitting on outsize gains since the start of the year, it’s unclear what further oomph they can get given that traders are already discounting a cycle of interest-rate cuts. Even so, some see any confirmation of easing plans as a trigger for a further rally in equities.“Unless you get some huge red flags from the testimony over the next two days, we are going to enter into a more accomodative environment,” Anna Han, equity strategist at Wells Fargo Securities, told Bloomberg TV in New York. “That’s an opportunity to put risk on.”Elsewhere, Italian bonds rose as the country took advantage of low borrowing costs to sell 50-year bonds. West Texas intermediate crude gained following a report that Russian output declined.Here are some key events coming up:Powell testifies before Congress on monetary policy and the state of the U.S. economy on Wednesday (the House of Representatives) and Thursday (the Senate).Fed minutes are due on Wednesday, ECB minutes on Thursday.A key measure of U.S. inflation -- the core consumer price index, due Thursday -- is expected to have increased 0.2% in June from the prior month, while the broader CPI is forecast to remain unchanged.U.S. producer prices are due on Friday.Here are the main moves in markets:StocksFutures on the S&P 500 Index rose 0.1% as of 9:05 a.m. in Tokyo. The underlying gauge gained 0.1% Tuesday.Japan’s Topix index fell 0.5%.South Korea’s Kospi index gained 0.6%.Australia’s S&P/ASX 200 Index advanced 0.2%.CurrenciesThe yen slipped 0.1% to 108.96 per dollar.The offshore yuan was steady at 6.8940 per dollar.The euro bought $1.1204, little changed.BondsThe yield on 10-year Treasuries rose one basis point to 2.07%.Australia’s 10-year yield rose one basis point to 1.33%.CommoditiesWest Texas Intermediate crude gained 1.4% to $58.66 a barrel.Gold was at $1,394.31 an ounce, down 0.2%.To contact the reporter on this story: Adam Haigh in Sydney at ahaigh1@bloomberg.netTo contact the editor responsible for this story: Christopher Anstey at canstey@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 35/74   Star Cement Limited (NSE:STARCEMENT) Delivered A Better ROE Than Its Industry
    TECHNOLOGY TOPIC NEWS

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...


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  • 36/74   Federal appeals court grills Democratic lawyers on whether ACA, or Obamacare, is constitutional
    TECHNOLOGY TOPIC NEWS

    Tuesday's oral argument in New Orleans was part of the latest legal challenge threatening Obamacare's key features.

    Tuesday's oral argument in New Orleans was part of the latest legal challenge threatening Obamacare's key features.


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  • 37/74   Despite Its High P/E Ratio, Is Shree Vasu Logistics Limited (NSE:SVLL) Still Undervalued?
    TECHNOLOGY TOPIC NEWS

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll...

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll...


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  • 38/74   Trump defends Acosta but will look into Epstein plea deal
    TECHNOLOGY TOPIC NEWS

    President Donald Trump said Tuesday he would be looking 'very closely' at Labor Secretary Alex Acosta's handling of a sex trafficking case involving now-jailed billionaire financier Jeffrey Epstein.  As for Epstein, Trump — who had once praised the financier as 'a terrific guy' — distanced himself from the hedge-fund manager now charged with abusing minors, saying the two had had a falling-out 15 or so years ago.  Epstein pleaded not guilty on Monday to new child sex-trafficking charges .

    President Donald Trump said Tuesday he would be looking 'very closely' at Labor Secretary Alex Acosta's handling of a sex trafficking case involving now-jailed billionaire financier Jeffrey Epstein. As for Epstein, Trump — who had once praised the financier as 'a terrific guy' — distanced himself from the hedge-fund manager now charged with abusing minors, saying the two had had a falling-out 15 or so years ago. Epstein pleaded not guilty on Monday to new child sex-trafficking charges .


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  • 39/74   Swalwell becomes first major Democrat to drop out of 2020 race
    POLITICS TOPIC NEWS

    Rep. Eric Swalwell officially ended his presidential bid on Monday after failing to gain traction in a crowded Democratic primary.

    Rep. Eric Swalwell officially ended his presidential bid on Monday after failing to gain traction in a crowded Democratic primary.


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  • 40/74   Donald Trump defends Acosta role in plea deal involving accused sex trafficker Jeffrey Epstein
    POLITICS TOPIC NEWS

    President Donald Trump defended Labor Secretary Alex Acosta amid calls for his resignation over his role in cutting a plea deal with Jeffrey Epstein.

    President Donald Trump defended Labor Secretary Alex Acosta amid calls for his resignation over his role in cutting a plea deal with Jeffrey Epstein.


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  • 41/74   Mitch McConnell compares himself to Barack Obama in response to reports his family had slaves
    POLITICS TOPIC NEWS

    Senate majority leader Mitch McConnell has responded to reports that his family owned slaves by comparing himself to Barack Obama, America's first black president.Mr McConnell made the comparison during a weekly press briefing in which he was asked if his position on reparations had changed following a report that his great-great-grandfathers had owned at least 14 slaves in Alabama.When asked about that report from NBC News, Mr McConnell appeared to smile before brushing off the question."You know, I found myself once again in the same position as President Obama: we both oppose reparations and we both are descendants of slave holders," Mr McConnell said.Mr McConnell had signalled his aversion to reparations in June before a House hearing on whether payment in some form to the descendants of slaves was appropriate.He said then that "none of us currently living are responsible.""We've tried to deal with our original sin of slavery by fighting a civil war, by passing landmark civil rights legislation," he added. "We've elected an African American president."Mr Obama's great-great-great-great grandfather owned two slaves in Kentucky, according to a 2007 report in the Baltimore Sun. His great-great-great-great-great grandmother also owned two slaves, according to that report. Mr Obama's father was Kenyan, and met the former president's mother while studying at the University of Hawaii.

    Senate majority leader Mitch McConnell has responded to reports that his family owned slaves by comparing himself to Barack Obama, America's first black president.Mr McConnell made the comparison during a weekly press briefing in which he was asked if his position on reparations had changed following a report that his great-great-grandfathers had owned at least 14 slaves in Alabama.When asked about that report from NBC News, Mr McConnell appeared to smile before brushing off the question."You know, I found myself once again in the same position as President Obama: we both oppose reparations and we both are descendants of slave holders," Mr McConnell said.Mr McConnell had signalled his aversion to reparations in June before a House hearing on whether payment in some form to the descendants of slaves was appropriate.He said then that "none of us currently living are responsible.""We've tried to deal with our original sin of slavery by fighting a civil war, by passing landmark civil rights legislation," he added. "We've elected an African American president."Mr Obama's great-great-great-great grandfather owned two slaves in Kentucky, according to a 2007 report in the Baltimore Sun. His great-great-great-great-great grandmother also owned two slaves, according to that report. Mr Obama's father was Kenyan, and met the former president's mother while studying at the University of Hawaii.


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  • 42/74   Saudi carrier cancels troubled Boeing 737 order for Airbus
    POLITICS TOPIC NEWS

    Boeing's campaign to restore the reputation of its best-selling plane after two deadly crashes suffered a blow with a Saudi airline canceling an order worth up to $5.9 billion in favor of a European rival of the U.S. manufacturer.  Flyadeal, the budget airline arm of Saudi Arabian Airlines Corp., ordered 30 A320neo jets from Airbus and took options on 20 more, meaning that its entire fleet will consist of planes from that company.  It's a potentially troubling sign for Boeing, which has not seen customers divert orders to Airbus en masse.

    Boeing's campaign to restore the reputation of its best-selling plane after two deadly crashes suffered a blow with a Saudi airline canceling an order worth up to $5.9 billion in favor of a European rival of the U.S. manufacturer. Flyadeal, the budget airline arm of Saudi Arabian Airlines Corp., ordered 30 A320neo jets from Airbus and took options on 20 more, meaning that its entire fleet will consist of planes from that company. It's a potentially troubling sign for Boeing, which has not seen customers divert orders to Airbus en masse.


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  • 43/74   Cruise ship in Venice near-miss weeks after dock incident
    POLITICS TOPIC NEWS

    A cruise ship narrowly missed a yacht while being towed out of Venice late Sunday, just a month after a collision there renewed the controversy over the giant vessels.  The 12-deck Costa Deliziosa, which is nearly 300 metres (1,000 feet)  long and carries more than 3,800 passengers and crew, was being towed out in stormy conditions when the near-miss happened.  A video posted by a Venetian writer and artist, Roberto Ferrucci, on his website www.robertoferrucci.com showed the massive cruise ship passing very close to a moored yacht.

    A cruise ship narrowly missed a yacht while being towed out of Venice late Sunday, just a month after a collision there renewed the controversy over the giant vessels. The 12-deck Costa Deliziosa, which is nearly 300 metres (1,000 feet) long and carries more than 3,800 passengers and crew, was being towed out in stormy conditions when the near-miss happened. A video posted by a Venetian writer and artist, Roberto Ferrucci, on his website www.robertoferrucci.com showed the massive cruise ship passing very close to a moored yacht.


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  • 44/74   California's Recent Earthquakes Are Reigniting Fears of the 'Big One'
    POLITICS TOPIC NEWS

    'It is a wake-up call for the rest of the state'

    'It is a wake-up call for the rest of the state'


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  • 45/74   China vs. America in the South China Sea is a Missile Stand-Off. Who Would Win?
    POLITICS TOPIC NEWS

    The Chinese military lobbed anti-ship ballistic missiles into the South China Sea in tests in early July 2019.The missile trials underscored Beijing’s increasing militarization of resource-rich waters on which several countries have conflicting claims.“The Chinese carried out the first test over the weekend, firing off at least one missile into the sea,” NBC News reported on July 1, 2019, citing a U.S. official with knowledge of the test.“The window for testing remains open until July 3, and the official expects the Chinese military to test again before it closes.”No U.S. Navy vessels were in the area when the missile or missiles splashed down, NBC News reported. Still, the official described the event as "concerning."China in recent years has occupied several disputed islands in the China Seas, dredged their endangered coral reefs and built atop them sprawling airfields and barracks and installations for cruise missiles and air-defense systems.The U.S. Navy frequently sails warships through international waters near these fortified islands in order to assert its rights to navigate open waters. These "freedom-of-navigation operations," or FONOPs, often draw harsh condemnation from Beijing.In January 2019 China deployed anti-ship ballistic missiles to the country's northwest plateau in an apparent attempt to protect them from the U.S. Navy's own missiles.

    The Chinese military lobbed anti-ship ballistic missiles into the South China Sea in tests in early July 2019.The missile trials underscored Beijing’s increasing militarization of resource-rich waters on which several countries have conflicting claims.“The Chinese carried out the first test over the weekend, firing off at least one missile into the sea,” NBC News reported on July 1, 2019, citing a U.S. official with knowledge of the test.“The window for testing remains open until July 3, and the official expects the Chinese military to test again before it closes.”No U.S. Navy vessels were in the area when the missile or missiles splashed down, NBC News reported. Still, the official described the event as "concerning."China in recent years has occupied several disputed islands in the China Seas, dredged their endangered coral reefs and built atop them sprawling airfields and barracks and installations for cruise missiles and air-defense systems.The U.S. Navy frequently sails warships through international waters near these fortified islands in order to assert its rights to navigate open waters. These "freedom-of-navigation operations," or FONOPs, often draw harsh condemnation from Beijing.In January 2019 China deployed anti-ship ballistic missiles to the country's northwest plateau in an apparent attempt to protect them from the U.S. Navy's own missiles.


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  • 46/74   Warren Pulls in over $19 Million in Second Quarter
    POLITICS TOPIC NEWS

    Senator Elizabeth Warren's presidential campaign raised more than $19 million during the second quarter of this year, the third-most of any contender for the Democratic nomination over that span.From April 1 through June 30, approximately 384,000 individual donors made over 683,000 contributions to Warren's campaign, with the average donation size hovering around $28, campaign officials announced Monday. Less than $100,000 of the $19 million+ haul is earmarked for the general election should the Massachusetts progressive make it to that point.“To sum it up: We raised more money than any other 100% grassroots-funded campaign. That’s big,” the senator said in an email to supporters. “You sent a message that Elizabeth’s vision for the future is worth fighting for. And you showed the rich and powerful that change is coming – sooner than they think.”Of the Democratic candidates who have announced their second-quarter gains, Warren trailed only South Bend, Ind. mayor Pete Buttigieg, whose campaign said he raised $24.8 million, and former vice president Joe Biden, who pulled in $21.5 million. She beat Senator Bernie Sanders, who raised $18 million in the second quarter, as well as Senator Kamala Harris, who has risen in the polls lately but managed to garner only $12 million from donors in the last three months.Warren, a longtime advocate of aggressively regulating Wall Street, has eschewed PAC money and refused to hold fundraisers with wealthy donors. She raised only $6 million in the first quarter.

    Senator Elizabeth Warren's presidential campaign raised more than $19 million during the second quarter of this year, the third-most of any contender for the Democratic nomination over that span.From April 1 through June 30, approximately 384,000 individual donors made over 683,000 contributions to Warren's campaign, with the average donation size hovering around $28, campaign officials announced Monday. Less than $100,000 of the $19 million+ haul is earmarked for the general election should the Massachusetts progressive make it to that point.“To sum it up: We raised more money than any other 100% grassroots-funded campaign. That’s big,” the senator said in an email to supporters. “You sent a message that Elizabeth’s vision for the future is worth fighting for. And you showed the rich and powerful that change is coming – sooner than they think.”Of the Democratic candidates who have announced their second-quarter gains, Warren trailed only South Bend, Ind. mayor Pete Buttigieg, whose campaign said he raised $24.8 million, and former vice president Joe Biden, who pulled in $21.5 million. She beat Senator Bernie Sanders, who raised $18 million in the second quarter, as well as Senator Kamala Harris, who has risen in the polls lately but managed to garner only $12 million from donors in the last three months.Warren, a longtime advocate of aggressively regulating Wall Street, has eschewed PAC money and refused to hold fundraisers with wealthy donors. She raised only $6 million in the first quarter.


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  • 47/74   Billionaire Jeffrey Epstein pleads not guilty to sex-trafficking claims that 'shock the conscience'
    POLITICS TOPIC NEWS

    Jeffrey Epstein, a billionaire financier, was charged with sex-trafficking and related offenses in a federal indictment unsealed Monday.

    Jeffrey Epstein, a billionaire financier, was charged with sex-trafficking and related offenses in a federal indictment unsealed Monday.


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  • 48/74   Hey Donald Trump, another court just saw through your census citizenship question charade
    POLITICS TOPIC NEWS

    With 2020 census already being printed to meet tight deadlines, Trump and the Republican Party should give up gerrymandering operation: Our view

    With 2020 census already being printed to meet tight deadlines, Trump and the Republican Party should give up gerrymandering operation: Our view


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  • 49/74   Bush's EPA Chief Slams Trump's Environment Speech: 'He's Living In His Own Reality'
    SCIENCE TOPIC NEWS

    Republican Christine Todd Whitman said Trump knows he's "on shaky ground" going into the 2020 election.

    Republican Christine Todd Whitman said Trump knows he's "on shaky ground" going into the 2020 election.


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  • 50/74   Most big CO2 emitting firms not on track for climate goals - report
    SCIENCE TOPIC NEWS

    Only one in eight of the world's most-polluting companies are on track to reduce their greenhouse gas emissions in line with global temperature goals, a study funded by investors with $14 trillion under management found on Wednesday.  The findings underscore the gulf between commitments made by the private sector and the transformation that scientists say is needed to stop the climate crisis wrecking the planet.  “The clock is ticking on irreversible climate change,' Adam Matthews, co-chair of the Transition Pathway Initiative (TPI) and the director of ethics and engagement at the Church of England Pensions Board, said in a statement.

    Only one in eight of the world's most-polluting companies are on track to reduce their greenhouse gas emissions in line with global temperature goals, a study funded by investors with $14 trillion under management found on Wednesday. The findings underscore the gulf between commitments made by the private sector and the transformation that scientists say is needed to stop the climate crisis wrecking the planet. “The clock is ticking on irreversible climate change,' Adam Matthews, co-chair of the Transition Pathway Initiative (TPI) and the director of ethics and engagement at the Church of England Pensions Board, said in a statement.


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  • 51/74   Walmart Got a $10 Billion Surprise After Buying Flipkart
    SCIENCE TOPIC NEWS

    (Bloomberg) -- When Walmart Inc. paid $16 billion for control of India’s e-commerce pioneer Flipkart Online Services Pvt. last year, the American retail giant got a little-noticed digital payments subsidiary as part of the deal. Now the business is emerging as one of the country’s top startups, a surprise benefit for Walmart from its largest-ever acquisition.Flipkart’s board recently authorized the PhonePe Pvt Ltd. unit to become a new entity and explore raising $1 billion from outside investors at a valuation of as much as $10 billion, according to people familiar with the matter, asking not to be named because the discussions are private. The funding may close in the next couple of months, although the talks are not finalized and terms could still change, they said. The unit would then become independent with a distinct investor base, although Walmart-owned Flipkart would remain a shareholder. Walmart and Flipkart didn’t respond to emails seeking comment.PhonePe -- which means “on the phone” in Hindi and is pronounced “phone pay” -- has grown into one of India’s leading digital payments companies. Its volume and value of transactions have roughly quadrupled over the past year as the country’s consumers adopt the technology to transfer money digitally to businesses and each other. PhonePe is gaining ground on Paytm, which leads the field and is backed by Warren Buffett.PhonePe is an “underappreciated asset,” Edward Yruma, an analyst from KeyBanc Capital Markets, wrote in a recent research note. He estimated the business may be worth $14 billion to $15 billion, separate from Flipkart’s e-commerce operation.The startup was founded in December 2015 by three friends who left Flipkart to get it off the ground. Within a year, Flipkart founders Binny Bansal and Sachin Bansal decided to acquire PhonePe, realizing that solving payments friction would make it easier for consumers to buy online. Less than a year later, the Indian government made the unprecedented move to ban large banknotes to curb corruption and boost digital transactions. With this “demonetization,” Paytm, PhonePe and other fledgling services flourished.Cheap smartphones and cut-rate wireless data plans have brought millions of Indians online in the years since, boosting the whole industry. In June, the PhonePe app reached 290 million transactions with an aggregate value of $85 billion, compared with 71 million transactions at $22 billion a year earlier, according to the company.The service gained momentum by offering an array of services, including mutual funds, movie tickets and airline bookings. Earlier this year, it began using Bollywood star Aamir Khan in its advertising.“Globally, hardly any privately held fintech company has reached PhonePe’s scale on both sides of the network so rapidly,” Sameer Nigam, PhonePe’s co-founder and chief executive officer, said in a statement, pointing to its 150 million plus customers and more than 5 million merchants. “That’s why the strong investor interest.”Walmart debated for months whether to keep funding the payments business internally or whether to separate the operation so it could raise outside funds. After plowing nearly $300 million into PhonePe, the U.S. retailer opted for the latter course. Alibaba Group Holding Ltd. made a similar decision when it split off its Alipay business, helping growth by allowing it to work with a broader range of merchants.Walmart is still grappling with whether to bring in strategic or financial investors, according to one of the people familiar. While a strategic investor would likely be better for growth, senior Walmart executives are concerned that such backers typically want more voting rights, the person said. Walmart wants to use the lessons from PhonePe in other operations around the globe.Also unresolved are the future roles for Flipkart’s outside investors. Tiger Global Management and Tencent Holdings Ltd. each hold board seats and equity stakes of about 5%, while Walmart holds about 80%. The board will have to navigate the companies’ varied interests before any deal can be finalized.The new funding is aimed at helping PhonePe’s growth. The company plans to delve deep into the country’s heartland, where rivals have yet to expand, with the goal of reaching profitability, one person said.The market has vast potential. Digital payments in India are projected to reach $1 trillion by 2023 from about $200 billion now, said Credit Suisse Group AG. Beyond PhonePe and Paytm, Google Pay, Amazon Pay and the soon-to-launch WhatsApp payments service will compete for customers. They’re taking advantage of India’s Unified Payment Interface, a technology backbone that includes 140 of the country’s banks and digital payments companies.“The market is getting bigger and fintech startups are becoming innovative,” said Kunal Pande, partner, advisory services at KPMG. “The accelerated growth in many fintech areas is attracting investor interest.”To contact the reporter on this story: Saritha Rai in Bangalore at srai33@bloomberg.netTo contact the editors responsible for this story: Peter Elstrom at pelstrom@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- When Walmart Inc. paid $16 billion for control of India’s e-commerce pioneer Flipkart Online Services Pvt. last year, the American retail giant got a little-noticed digital payments subsidiary as part of the deal. Now the business is emerging as one of the country’s top startups, a surprise benefit for Walmart from its largest-ever acquisition.Flipkart’s board recently authorized the PhonePe Pvt Ltd. unit to become a new entity and explore raising $1 billion from outside investors at a valuation of as much as $10 billion, according to people familiar with the matter, asking not to be named because the discussions are private. The funding may close in the next couple of months, although the talks are not finalized and terms could still change, they said. The unit would then become independent with a distinct investor base, although Walmart-owned Flipkart would remain a shareholder. Walmart and Flipkart didn’t respond to emails seeking comment.PhonePe -- which means “on the phone” in Hindi and is pronounced “phone pay” -- has grown into one of India’s leading digital payments companies. Its volume and value of transactions have roughly quadrupled over the past year as the country’s consumers adopt the technology to transfer money digitally to businesses and each other. PhonePe is gaining ground on Paytm, which leads the field and is backed by Warren Buffett.PhonePe is an “underappreciated asset,” Edward Yruma, an analyst from KeyBanc Capital Markets, wrote in a recent research note. He estimated the business may be worth $14 billion to $15 billion, separate from Flipkart’s e-commerce operation.The startup was founded in December 2015 by three friends who left Flipkart to get it off the ground. Within a year, Flipkart founders Binny Bansal and Sachin Bansal decided to acquire PhonePe, realizing that solving payments friction would make it easier for consumers to buy online. Less than a year later, the Indian government made the unprecedented move to ban large banknotes to curb corruption and boost digital transactions. With this “demonetization,” Paytm, PhonePe and other fledgling services flourished.Cheap smartphones and cut-rate wireless data plans have brought millions of Indians online in the years since, boosting the whole industry. In June, the PhonePe app reached 290 million transactions with an aggregate value of $85 billion, compared with 71 million transactions at $22 billion a year earlier, according to the company.The service gained momentum by offering an array of services, including mutual funds, movie tickets and airline bookings. Earlier this year, it began using Bollywood star Aamir Khan in its advertising.“Globally, hardly any privately held fintech company has reached PhonePe’s scale on both sides of the network so rapidly,” Sameer Nigam, PhonePe’s co-founder and chief executive officer, said in a statement, pointing to its 150 million plus customers and more than 5 million merchants. “That’s why the strong investor interest.”Walmart debated for months whether to keep funding the payments business internally or whether to separate the operation so it could raise outside funds. After plowing nearly $300 million into PhonePe, the U.S. retailer opted for the latter course. Alibaba Group Holding Ltd. made a similar decision when it split off its Alipay business, helping growth by allowing it to work with a broader range of merchants.Walmart is still grappling with whether to bring in strategic or financial investors, according to one of the people familiar. While a strategic investor would likely be better for growth, senior Walmart executives are concerned that such backers typically want more voting rights, the person said. Walmart wants to use the lessons from PhonePe in other operations around the globe.Also unresolved are the future roles for Flipkart’s outside investors. Tiger Global Management and Tencent Holdings Ltd. each hold board seats and equity stakes of about 5%, while Walmart holds about 80%. The board will have to navigate the companies’ varied interests before any deal can be finalized.The new funding is aimed at helping PhonePe’s growth. The company plans to delve deep into the country’s heartland, where rivals have yet to expand, with the goal of reaching profitability, one person said.The market has vast potential. Digital payments in India are projected to reach $1 trillion by 2023 from about $200 billion now, said Credit Suisse Group AG. Beyond PhonePe and Paytm, Google Pay, Amazon Pay and the soon-to-launch WhatsApp payments service will compete for customers. They’re taking advantage of India’s Unified Payment Interface, a technology backbone that includes 140 of the country’s banks and digital payments companies.“The market is getting bigger and fintech startups are becoming innovative,” said Kunal Pande, partner, advisory services at KPMG. “The accelerated growth in many fintech areas is attracting investor interest.”To contact the reporter on this story: Saritha Rai in Bangalore at srai33@bloomberg.netTo contact the editors responsible for this story: Peter Elstrom at pelstrom@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 52/74   Trump Targets Dialysis, Kidney Transplants in Care Overhaul
    SCIENCE TOPIC NEWS

    (Bloomberg) -- Donald Trump will announce an overhaul of the U.S. approach to care for people with kidney disease on Wednesday, an effort intended to move more patients out of costly dialysis centers and increase transplants.The president will direct Medicare to adjust payments for treatment of kidney disease to encourage patients to undergo dialysis at home, a person familiar with the plan said. Administration officials hope his proposal will also produce an additional 17,000 kidney transplants a year, the person said.Shares of dialysis providers sank on Tuesday after earlier reports on the plan. DaVita Inc. fell as much as 8.7%, the most since May 8, while Fresenius Medical Care AG’s American depositary receipts dropped 6.5%. The two companies control the largest share of the U.S. dialysis market through vast networks of clinics.American Renal Associates Holdings Inc. slid as much as 7.6%.The plan will also encourage earlier diagnosis of kidney disease, prevention, and the development of artificial kidneys, the person said. Medicare, the program for the elderly and disabled, pays for most treatment of kidney failure, also known as end-stage renal disease. The program spent more than $62,000 per ESRD patient in 2013, according to a 2018 report by the Congressional Research Service.“The prospect of losing patients who cover facility and staffing costs would crimp Ebitda near term, though an official proposal has yet to be made,” Bloomberg Intelligence analyst Jason McGorman wrote in a note earlier, addressing the potential impact on DaVita.Sell-side analysts have warned investors that Trump’s speech may bring some volatility for dialysis providers. Raymond James analyst Chris Meekins predicts the president could announce a goal of having 80% of kidney patients either receive a kidney transplant or use home dialysis by 2025.When asked about Trump’s upcoming announcement, the Department of Health and Human Services pointed to a speech Secretary Alex Azar gave in March that emphasized the need for earlier detection of kidney disease to allow for more in-home dialysis.Azar said at the time that 12% of Americans with ESRD start treatment with at-home dialysis, compared to 80% in Hong Kong. He also focused on reorienting the payment system so dialysis companies would not be discouraged from helping patients get a transplant.Barclays analyst Patrick Feeley said that the Trump administration is likely to echo these proposals. He doesn’t view them as a threat to the industry, and expects the established dialysis providers to benefit from any increase in home care.Providers have been targeting growth in home dialysis, with Fresenius Medical looking for more deals after closing its acquisition of NxStage Medical Inc. for $2 billion in February. CVS Health Corp. also plans to enter the field. The company said it is working to start the final study of its home hemodialysis device soon.Peter Grauer, the chairman of Bloomberg LP, is the lead independent director at DaVita.\--With assistance from Anna Edney.To contact the reporters on this story: Tatiana Darie in New York at tdarie1@bloomberg.net;Jennifer Jacobs in Washington at jjacobs68@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Alex Wayne, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Donald Trump will announce an overhaul of the U.S. approach to care for people with kidney disease on Wednesday, an effort intended to move more patients out of costly dialysis centers and increase transplants.The president will direct Medicare to adjust payments for treatment of kidney disease to encourage patients to undergo dialysis at home, a person familiar with the plan said. Administration officials hope his proposal will also produce an additional 17,000 kidney transplants a year, the person said.Shares of dialysis providers sank on Tuesday after earlier reports on the plan. DaVita Inc. fell as much as 8.7%, the most since May 8, while Fresenius Medical Care AG’s American depositary receipts dropped 6.5%. The two companies control the largest share of the U.S. dialysis market through vast networks of clinics.American Renal Associates Holdings Inc. slid as much as 7.6%.The plan will also encourage earlier diagnosis of kidney disease, prevention, and the development of artificial kidneys, the person said. Medicare, the program for the elderly and disabled, pays for most treatment of kidney failure, also known as end-stage renal disease. The program spent more than $62,000 per ESRD patient in 2013, according to a 2018 report by the Congressional Research Service.“The prospect of losing patients who cover facility and staffing costs would crimp Ebitda near term, though an official proposal has yet to be made,” Bloomberg Intelligence analyst Jason McGorman wrote in a note earlier, addressing the potential impact on DaVita.Sell-side analysts have warned investors that Trump’s speech may bring some volatility for dialysis providers. Raymond James analyst Chris Meekins predicts the president could announce a goal of having 80% of kidney patients either receive a kidney transplant or use home dialysis by 2025.When asked about Trump’s upcoming announcement, the Department of Health and Human Services pointed to a speech Secretary Alex Azar gave in March that emphasized the need for earlier detection of kidney disease to allow for more in-home dialysis.Azar said at the time that 12% of Americans with ESRD start treatment with at-home dialysis, compared to 80% in Hong Kong. He also focused on reorienting the payment system so dialysis companies would not be discouraged from helping patients get a transplant.Barclays analyst Patrick Feeley said that the Trump administration is likely to echo these proposals. He doesn’t view them as a threat to the industry, and expects the established dialysis providers to benefit from any increase in home care.Providers have been targeting growth in home dialysis, with Fresenius Medical looking for more deals after closing its acquisition of NxStage Medical Inc. for $2 billion in February. CVS Health Corp. also plans to enter the field. The company said it is working to start the final study of its home hemodialysis device soon.Peter Grauer, the chairman of Bloomberg LP, is the lead independent director at DaVita.\--With assistance from Anna Edney.To contact the reporters on this story: Tatiana Darie in New York at tdarie1@bloomberg.net;Jennifer Jacobs in Washington at jjacobs68@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Alex Wayne, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 53/74   This Mother Discovered She Had Breast Cancer When Her Son Refused to Breastfeed From Her Right Breast
    SCIENCE TOPIC NEWS

    Her one-year-old was looking out for her, she said.

    Her one-year-old was looking out for her, she said.


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  • 54/74   Trump Administration Plans Kidney Care Overhaul That Could Save Billions: Reports
    SCIENCE TOPIC NEWS

    President Trump will reportedly order a series of initiatives means to overhaul the nation’s kidney dialysis and organ transplant systems. The moves could save the federal government billions of dollars.Politico’s Dan Diamond and Rachel Roubein reported:“HHS will announce new payment models intended to shift treatment for patients with chronic kidney disease away from standalone clinics, arguing that receiving dialysis at home is both safer for patients and more cost-effective, four individuals familiar with the plan said.“The health department also will announce an agency-wide initiative to encourage home dialysis and ramp up better prevention and screening for kidney disease.”Why it matters: The nation’s kidney dialysis and organ transplant systems desperately need some attention. Some 30 million Americans suffer from kidney disease, which was the ninth leading cause of death in 2017, Politico said. Medicare spending on patients with chronic kidney disease or end-stage renal disease totaled more than $114 billion in 2016, or 23% of total Medicare fee-for-service spending.“One of the key reasons for our failing policies is that kidney care in particular has some of the worst incentives in American healthcare,” HHS Secretary Alex Azar told the National Kidney Foundation’s annual patient summit in March, according to Politico.More than 500,000 people with end stage kidney disease receive dialysis, The Washington Post’s Lenny Bernstein and Kimberly Kindy report, citing data from the National Kidney Foundation. “In the United States, most people receive hemodialysis, a treatment that requires a device to filter waste and toxins from their blood in hours-long sessions three times a week. Most receive it in clinics or private facilities that serve dozens of people each day.”Two companies, DaVita and Fresenius Medical Care and DaVita, dominate the market for clinic-based hemodialysis and generate the lion’s share of $24 billion in annual dialysis center revenue. And, Bernstein and Kindy add, doctors are typically reimbursed at higher rates for treating dialysis patients than patients who don’t yet require such treatment.The bottom line: “In all, the government believes it can make 17,000 more kidneys and 11,000 more hearts, livers, lungs and other organs available for transplant every year, as well as save money for Medicare and Medicaid, which cover much of the cost of dialysis and transplantation,” The Washington Post reported.Like what you're reading? Sign up for our free newsletter.

    President Trump will reportedly order a series of initiatives means to overhaul the nation’s kidney dialysis and organ transplant systems. The moves could save the federal government billions of dollars.Politico’s Dan Diamond and Rachel Roubein reported:“HHS will announce new payment models intended to shift treatment for patients with chronic kidney disease away from standalone clinics, arguing that receiving dialysis at home is both safer for patients and more cost-effective, four individuals familiar with the plan said.“The health department also will announce an agency-wide initiative to encourage home dialysis and ramp up better prevention and screening for kidney disease.”Why it matters: The nation’s kidney dialysis and organ transplant systems desperately need some attention. Some 30 million Americans suffer from kidney disease, which was the ninth leading cause of death in 2017, Politico said. Medicare spending on patients with chronic kidney disease or end-stage renal disease totaled more than $114 billion in 2016, or 23% of total Medicare fee-for-service spending.“One of the key reasons for our failing policies is that kidney care in particular has some of the worst incentives in American healthcare,” HHS Secretary Alex Azar told the National Kidney Foundation’s annual patient summit in March, according to Politico.More than 500,000 people with end stage kidney disease receive dialysis, The Washington Post’s Lenny Bernstein and Kimberly Kindy report, citing data from the National Kidney Foundation. “In the United States, most people receive hemodialysis, a treatment that requires a device to filter waste and toxins from their blood in hours-long sessions three times a week. Most receive it in clinics or private facilities that serve dozens of people each day.”Two companies, DaVita and Fresenius Medical Care and DaVita, dominate the market for clinic-based hemodialysis and generate the lion’s share of $24 billion in annual dialysis center revenue. And, Bernstein and Kindy add, doctors are typically reimbursed at higher rates for treating dialysis patients than patients who don’t yet require such treatment.The bottom line: “In all, the government believes it can make 17,000 more kidneys and 11,000 more hearts, livers, lungs and other organs available for transplant every year, as well as save money for Medicare and Medicaid, which cover much of the cost of dialysis and transplantation,” The Washington Post reported.Like what you're reading? Sign up for our free newsletter.


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  • 55/74   Huge California military base still closed after big quakes
    SCIENCE TOPIC NEWS

    A sprawling Navy base in the Southern California desert is still closed to nonessential personnel Tuesday as the military works to determine the damage from two powerful earthquakes last week.  Teams have so far surveyed just 10% of the 1,200 facilities at Naval Air Weapons Station China Lake, spokeswoman Margo Allen said.  It's unclear when personnel and their families will be able to return.

    A sprawling Navy base in the Southern California desert is still closed to nonessential personnel Tuesday as the military works to determine the damage from two powerful earthquakes last week. Teams have so far surveyed just 10% of the 1,200 facilities at Naval Air Weapons Station China Lake, spokeswoman Margo Allen said. It's unclear when personnel and their families will be able to return.


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  • 56/74   Space Tourism To Be Tested by Investors With Virgin Galactic’s Listing
    SCIENCE TOPIC NEWS

    (Bloomberg) -- Richard Branson’s Virgin Galactic snagged headlines with its announcement of the world’s first publicly traded space-tourism operator. But it will need to focus on more worldly ventures to find the sales growth shareholders demand.The company already has identified one market that’s far larger than just taking wealthy folks on joyrides to weightlessness: Using its hypersonic spacecraft to give earthly travelers back more of their time by drastically shortening some of the planet’s longest flights.Virgin Galactic’s merger with Social Capital Hedosophia will “definitely” accelerate the company’s time frame for developing its aviation plans, George Whitesides, Virgin Galactic’s chief executive officer, said Tuesday. The business, which he says is probably less than a decade away from startup, would reduce the 10-hour trip from Los Angeles to Tokyo to more like an hour by flying above the atmosphere at more than five times the speed of sound.“They bring a whole lot beyond just money to this partnership,” Whitesides said of Social Capital Hedosophia, a special-purpose company that raised $600 million two years ago in a “blank check” IPO. He described the founders of SCH as “some of the world’s best business people.”Elon Musk, who leads rival SpaceX, has also discussed point-to-point hypersonic travel as a potentially lucrative ancillary business for his space-tourism plans. Currently, more modest supersonic travel -- faster than Mach 1, the speed of sound -- is the goal of other aviation startups.The business of space could grow to $805 billion by 2030 from $244 billion in 2010, according to UBS AG analysts, with tourist trips like those planned by Branson eventually valued at more than $3 billion. The use of sub-orbital flights to slash long-haul travel times could be worth much more, at $20 billion a year, assuming the technology captures about 5% of the market, they estimate.New ChairmanSocial Capital Hedosophia will have a 49% stake in the combined business, according to a statement Tuesday. The transaction will raise about $800 million for Virgin Galactic, with SCH’s founder, Chamath Palihapitiya, contributing $100 million and becoming chairman of the combined company.The sale will help fund Virgin Galactic until its spaceships can operate and generate a profit, which Palihapitiya said is being targeted for August 2021. Commercial flights to space will start within a year from now while earthbound hypersonic trips are a five- to 10-year project, he said.SCH was established by Palihapitiya, an early executive at Facebook Inc., and presented investors a unique proposition ahead of its September 2017 IPO: We’ll scour the world for two years to find a promising late-stage company to take public. Its choice became Virgin Galactic.“When I got to see the business I was pretty floored, quite honestly, about what they’d built and the quality of the business that it would become,” Palihapitiya said of Virgin Galactic.When he first created SCH, Palihapitiya said he was looking for a company that would benefit from his expertise in finding the right product fit in different markets. Now he can try applying that expertise to space travel.Stock reaction to the merger plan was muted, with SCH, trading under the ticker IPOA, up 2.4% to $10.69 at the close in New York. The shares have hovered around $10 since they were listed, giving a market value of about $900 million.While hundreds have signed up for initial flights costing $250,000 or more, the price will have to come down in order to attract the millions of people that Branson says would ultimately want to take trips to the edge of space. The sweet spot for mass consumer adoption would be $50,000, according to Bank of America Merrill Lynch.There are plenty of risks. The fatal crash of a Virgin Galactic space plane in 2014 put flights on hold for four years and almost led Branson to can the venture. Another calamity may result in its termination.Billionaire Branson’s Galactic Feat of Finance: Chris HughesInvesting in Virgin Galactic would also represent a gamble on Branson beating formidable rivals in the shape of Amazon.com Inc. founder Jeff Bezos and Tesla Inc.’s Musk in the race to send customers into space.Currently, Virgin Galactic holds $80 million in deposits from more than 600 customers ready to take a 90-minute journey to an altitude of more than 55 miles, allowing them to experience weightlessness and see the curvature of the Earth.About 2,500 more have expressed an interest in becoming customers, who if they made bookings would take Virgin Galactic through about four years of flights, Palihapitiya said.Branson, 68, founded Virgin Galactic in 2004. His spacecraft operate like planes rather than reusable rockets, conveying what he considers to be an advantage because they could also potentially access aviation markets.“Virgin Galactic is very far ahead in terms of where their technology sits,” said Northern Sky Research analyst Dallas Kasaboski. “But the market is still embryonic and faces the risks of logistical roadblocks and unexpected costs.”Branson plans to make his own first flight this year or next, depending on the pace of further flight testing in New Mexico, where Virgin Galactic is moving 100 staff from a California test center. The next flight should occur by year’s end, Whitesides said.\--With assistance from Sarah McBride.To contact the reporters on this story: Justin Bachman in Dallas at jbachman2@bloomberg.net;Christopher Jasper in London at cjasper@bloomberg.net;Thomas Seal in London at tseal@bloomberg.netTo contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Susan Warren, Richard CloughFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Richard Branson’s Virgin Galactic snagged headlines with its announcement of the world’s first publicly traded space-tourism operator. But it will need to focus on more worldly ventures to find the sales growth shareholders demand.The company already has identified one market that’s far larger than just taking wealthy folks on joyrides to weightlessness: Using its hypersonic spacecraft to give earthly travelers back more of their time by drastically shortening some of the planet’s longest flights.Virgin Galactic’s merger with Social Capital Hedosophia will “definitely” accelerate the company’s time frame for developing its aviation plans, George Whitesides, Virgin Galactic’s chief executive officer, said Tuesday. The business, which he says is probably less than a decade away from startup, would reduce the 10-hour trip from Los Angeles to Tokyo to more like an hour by flying above the atmosphere at more than five times the speed of sound.“They bring a whole lot beyond just money to this partnership,” Whitesides said of Social Capital Hedosophia, a special-purpose company that raised $600 million two years ago in a “blank check” IPO. He described the founders of SCH as “some of the world’s best business people.”Elon Musk, who leads rival SpaceX, has also discussed point-to-point hypersonic travel as a potentially lucrative ancillary business for his space-tourism plans. Currently, more modest supersonic travel -- faster than Mach 1, the speed of sound -- is the goal of other aviation startups.The business of space could grow to $805 billion by 2030 from $244 billion in 2010, according to UBS AG analysts, with tourist trips like those planned by Branson eventually valued at more than $3 billion. The use of sub-orbital flights to slash long-haul travel times could be worth much more, at $20 billion a year, assuming the technology captures about 5% of the market, they estimate.New ChairmanSocial Capital Hedosophia will have a 49% stake in the combined business, according to a statement Tuesday. The transaction will raise about $800 million for Virgin Galactic, with SCH’s founder, Chamath Palihapitiya, contributing $100 million and becoming chairman of the combined company.The sale will help fund Virgin Galactic until its spaceships can operate and generate a profit, which Palihapitiya said is being targeted for August 2021. Commercial flights to space will start within a year from now while earthbound hypersonic trips are a five- to 10-year project, he said.SCH was established by Palihapitiya, an early executive at Facebook Inc., and presented investors a unique proposition ahead of its September 2017 IPO: We’ll scour the world for two years to find a promising late-stage company to take public. Its choice became Virgin Galactic.“When I got to see the business I was pretty floored, quite honestly, about what they’d built and the quality of the business that it would become,” Palihapitiya said of Virgin Galactic.When he first created SCH, Palihapitiya said he was looking for a company that would benefit from his expertise in finding the right product fit in different markets. Now he can try applying that expertise to space travel.Stock reaction to the merger plan was muted, with SCH, trading under the ticker IPOA, up 2.4% to $10.69 at the close in New York. The shares have hovered around $10 since they were listed, giving a market value of about $900 million.While hundreds have signed up for initial flights costing $250,000 or more, the price will have to come down in order to attract the millions of people that Branson says would ultimately want to take trips to the edge of space. The sweet spot for mass consumer adoption would be $50,000, according to Bank of America Merrill Lynch.There are plenty of risks. The fatal crash of a Virgin Galactic space plane in 2014 put flights on hold for four years and almost led Branson to can the venture. Another calamity may result in its termination.Billionaire Branson’s Galactic Feat of Finance: Chris HughesInvesting in Virgin Galactic would also represent a gamble on Branson beating formidable rivals in the shape of Amazon.com Inc. founder Jeff Bezos and Tesla Inc.’s Musk in the race to send customers into space.Currently, Virgin Galactic holds $80 million in deposits from more than 600 customers ready to take a 90-minute journey to an altitude of more than 55 miles, allowing them to experience weightlessness and see the curvature of the Earth.About 2,500 more have expressed an interest in becoming customers, who if they made bookings would take Virgin Galactic through about four years of flights, Palihapitiya said.Branson, 68, founded Virgin Galactic in 2004. His spacecraft operate like planes rather than reusable rockets, conveying what he considers to be an advantage because they could also potentially access aviation markets.“Virgin Galactic is very far ahead in terms of where their technology sits,” said Northern Sky Research analyst Dallas Kasaboski. “But the market is still embryonic and faces the risks of logistical roadblocks and unexpected costs.”Branson plans to make his own first flight this year or next, depending on the pace of further flight testing in New Mexico, where Virgin Galactic is moving 100 staff from a California test center. The next flight should occur by year’s end, Whitesides said.\--With assistance from Sarah McBride.To contact the reporters on this story: Justin Bachman in Dallas at jbachman2@bloomberg.net;Christopher Jasper in London at cjasper@bloomberg.net;Thomas Seal in London at tseal@bloomberg.netTo contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Susan Warren, Richard CloughFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 57/74   U.S. Democratic lawmakers declare climate emergency
    SCIENCE TOPIC NEWS

    Democratic lawmakers, including six presidential candidates, on Tuesday unveiled a Congressional resolution declaring a climate change emergency to spur 'sweeping reforms' to stem a dangerous rise in global temperatures.

    Democratic lawmakers, including six presidential candidates, on Tuesday unveiled a Congressional resolution declaring a climate change emergency to spur 'sweeping reforms' to stem a dangerous rise in global temperatures.


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  • 58/74   6 men injured, 3 critically in Minneapolis bus stop crash
    SCIENCE TOPIC NEWS

    Authorities are investigating why and how a van driver slammed into a crowded bus stop shelter in north Minneapolis on Tuesday, injuring at least six people, including three critically.  The crash happened at a busy intersection at about 9:30 a.m. Metro Transit spokesman Howie Padilla said the driver, an 83-year-old man, hit the side mirror of a bus that had stopped to unload passengers, then backed up, drove forward and hit the mirror again before driving around the corner and crashing into the shelter.  It is just going to take some time,' Padilla said.

    Authorities are investigating why and how a van driver slammed into a crowded bus stop shelter in north Minneapolis on Tuesday, injuring at least six people, including three critically. The crash happened at a busy intersection at about 9:30 a.m. Metro Transit spokesman Howie Padilla said the driver, an 83-year-old man, hit the side mirror of a bus that had stopped to unload passengers, then backed up, drove forward and hit the mirror again before driving around the corner and crashing into the shelter. It is just going to take some time,' Padilla said.


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  • 59/74   Europe urges Iran to stick to troubled nuclear deal
    WORLD TOPIC NEWS

    European powers urged Iran on Tuesday to reverse its move to increase uranium enrichment, as a French envoy arrived in Tehran to boost efforts to save a landmark 2015 nuclear deal.  The accord between Iran and world powers promised sanctions relief, economic benefits and an end to international isolation of the Islamic republic in return for stringent curbs on its nuclear programme.  'It must act accordingly by reversing these activities and returning to full JCPoA compliance without delay,' said a statement from the European Union and foreign ministers of France, Germany and Britain.

    European powers urged Iran on Tuesday to reverse its move to increase uranium enrichment, as a French envoy arrived in Tehran to boost efforts to save a landmark 2015 nuclear deal. The accord between Iran and world powers promised sanctions relief, economic benefits and an end to international isolation of the Islamic republic in return for stringent curbs on its nuclear programme. 'It must act accordingly by reversing these activities and returning to full JCPoA compliance without delay,' said a statement from the European Union and foreign ministers of France, Germany and Britain.


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  • 60/74   U.K. Parliament Flexes Muscle as Johnson Doubles Down on No-Deal
    WORLD TOPIC NEWS

    (Bloomberg) -- Members of Britain’s Parliament delivered a sharp warning to the country’s next prime minister: they will not allow him to pursue a no-deal Brexit without a fight.In a dramatic result Tuesday evening, MPs narrowly passed a measure aimed at stopping the U.K.’s future leader forcing the country out of the European Union without an agreement, against their wishes. The result sets up another potential crisis in British politics in the weeks and months ahead as the U.K.’s leaders grapple with the intractable tensions of Brexit.Minutes after the vote, the two men vying to become prime minister clashed on television over the same issue that dominated the debate in the House of Commons: whether they would be willing to close down Parliament in order to deliver Brexit -- with or without a deal -- by the deadline of Oct. 31.Boris Johnson, the front-runner in the leadership contest, refused to rule out suspending Parliament if it’s the only way to complete Brexit on time, while his rival, Foreign Secretary Jeremy Hunt, rejected the idea.With the opposition Labour Party committing itself to opposing any Brexit plan put forward by either of the two men, all Britain’s politicians seemed to be digging themselves into more entrenched positions, and the possibility of compromise looked further away than ever.Routes to ResolutionThe U.K. is due to leave the EU by the end of October, but Parliament is deadlocked and refusing to pass a deal. Both Johnson and Hunt have rejected the other possible routes to a resolution, such as a referendum or a general election. Unless something gives, Parliament may have to choose between a no-deal Brexit or bringing down the government.While he’s the clear favorite to succeed Theresa May as prime minister, Johnson, if he does win, will find MPs set against his strategy. Johnson argues that the U.K. needs to look as if it’s serious about no-deal in order to persuade the EU to shift its position.“If we go into these negotiations from the beginning with a plan to allow that deadline yet again to be fungible, to be a paper-mache deadline, I’m afraid that the EU will not take us seriously," Johnson told the debate. "Nor will business understand that they must prepare for no-deal.”Parliament’s LineSeveral ministers have said Parliament would block a no-deal Brexit, and on Tuesday night, Johnson was asked if he’d be willing to suspend Parliament to push one through. “I’m not going to take anything off the table,” he replied.Just an hour earlier, the House of Commons voted to pass a measure proposed by rebel pro-EU Conservative Dominic Grieve to make it harder for the premier to suspend Parliament. The vote was tight -- passing by 294 votes to 293 -- and a subsequent part of Grieve’s plan was narrowly rejected, but MPs had shown they were willing to act to stop a no-deal split from the EU.Hunt dismissed the idea of suspending Parliament. “When that has happened in the past, when Parliament has been shut down against its will, we actually had a civil war,” he said.The foreign secretary accused Johnson of being a people-pleaser, rather than a leader. “Being prime minister is about telling people what they need to hear, not just what they want to hear,” he said. The leader must be "honest" with people about the "challenges” ahead, Hunt said.Labour, ‘Brilliant Quality’One of those challenges is the hardening position of the Labour Party. Without a majority in the Commons, any prime minister can only get a Brexit deal through if they can pick up some Labour votes.But the Labour leader Jeremy Corbyn on Tuesday yielded to pressure from activists to oppose Brexit. He said the party would now support a second referendum on any Tory proposal, and would campaign to remain in the EU in that referendum. That’s not a good sign for Conservatives hoping that Corbyn would let some of his MPs back a Brexit deal in order to get the issue resolved.Johnson avoided questions about whether he supported Britain’s ambassador to the U.S., Kim Darroch, who is under attack from Donald Trump over comments about the U.S. administration in leaked diplomatic cables.Johnson said he admired Hunt’s ability to change his mind. Hunt had his response ready.“I really admire Boris’s ability to answer the question,” Hunt said. “You ask him a question, he puts a smile on your face, and you forget what the question was. It’s a brilliant quality for a politician, maybe not a prime minister.”To contact the reporters on this story: Robert Hutton in London at rhutton1@bloomberg.net;Jessica Shankleman in London at jshankleman@bloomberg.netTo contact the editors responsible for this story: Tim Ross at tross54@bloomberg.net, Robert JamesonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

    (Bloomberg) -- Members of Britain’s Parliament delivered a sharp warning to the country’s next prime minister: they will not allow him to pursue a no-deal Brexit without a fight.In a dramatic result Tuesday evening, MPs narrowly passed a measure aimed at stopping the U.K.’s future leader forcing the country out of the European Union without an agreement, against their wishes. The result sets up another potential crisis in British politics in the weeks and months ahead as the U.K.’s leaders grapple with the intractable tensions of Brexit.Minutes after the vote, the two men vying to become prime minister clashed on television over the same issue that dominated the debate in the House of Commons: whether they would be willing to close down Parliament in order to deliver Brexit -- with or without a deal -- by the deadline of Oct. 31.Boris Johnson, the front-runner in the leadership contest, refused to rule out suspending Parliament if it’s the only way to complete Brexit on time, while his rival, Foreign Secretary Jeremy Hunt, rejected the idea.With the opposition Labour Party committing itself to opposing any Brexit plan put forward by either of the two men, all Britain’s politicians seemed to be digging themselves into more entrenched positions, and the possibility of compromise looked further away than ever.Routes to ResolutionThe U.K. is due to leave the EU by the end of October, but Parliament is deadlocked and refusing to pass a deal. Both Johnson and Hunt have rejected the other possible routes to a resolution, such as a referendum or a general election. Unless something gives, Parliament may have to choose between a no-deal Brexit or bringing down the government.While he’s the clear favorite to succeed Theresa May as prime minister, Johnson, if he does win, will find MPs set against his strategy. Johnson argues that the U.K. needs to look as if it’s serious about no-deal in order to persuade the EU to shift its position.“If we go into these negotiations from the beginning with a plan to allow that deadline yet again to be fungible, to be a paper-mache deadline, I’m afraid that the EU will not take us seriously," Johnson told the debate. "Nor will business understand that they must prepare for no-deal.”Parliament’s LineSeveral ministers have said Parliament would block a no-deal Brexit, and on Tuesday night, Johnson was asked if he’d be willing to suspend Parliament to push one through. “I’m not going to take anything off the table,” he replied.Just an hour earlier, the House of Commons voted to pass a measure proposed by rebel pro-EU Conservative Dominic Grieve to make it harder for the premier to suspend Parliament. The vote was tight -- passing by 294 votes to 293 -- and a subsequent part of Grieve’s plan was narrowly rejected, but MPs had shown they were willing to act to stop a no-deal split from the EU.Hunt dismissed the idea of suspending Parliament. “When that has happened in the past, when Parliament has been shut down against its will, we actually had a civil war,” he said.The foreign secretary accused Johnson of being a people-pleaser, rather than a leader. “Being prime minister is about telling people what they need to hear, not just what they want to hear,” he said. The leader must be "honest" with people about the "challenges” ahead, Hunt said.Labour, ‘Brilliant Quality’One of those challenges is the hardening position of the Labour Party. Without a majority in the Commons, any prime minister can only get a Brexit deal through if they can pick up some Labour votes.But the Labour leader Jeremy Corbyn on Tuesday yielded to pressure from activists to oppose Brexit. He said the party would now support a second referendum on any Tory proposal, and would campaign to remain in the EU in that referendum. That’s not a good sign for Conservatives hoping that Corbyn would let some of his MPs back a Brexit deal in order to get the issue resolved.Johnson avoided questions about whether he supported Britain’s ambassador to the U.S., Kim Darroch, who is under attack from Donald Trump over comments about the U.S. administration in leaked diplomatic cables.Johnson said he admired Hunt’s ability to change his mind. Hunt had his response ready.“I really admire Boris’s ability to answer the question,” Hunt said. “You ask him a question, he puts a smile on your face, and you forget what the question was. It’s a brilliant quality for a politician, maybe not a prime minister.”To contact the reporters on this story: Robert Hutton in London at rhutton1@bloomberg.net;Jessica Shankleman in London at jshankleman@bloomberg.netTo contact the editors responsible for this story: Tim Ross at tross54@bloomberg.net, Robert JamesonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


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  • 61/74   Trump gives warm welcome to Qatar amid Persian Gulf disputes
    WORLD TOPIC NEWS

    President Donald Trump gave a warm White House welcome Tuesday to the leader of Qatar amid a bitter rift between the tiny, energy-rich nation and its fellow American allies in the Persian Gulf and rising tensions with Iran.  Trump clasped hands with the emir of Qatar, Sheikh Tamim bin Hamad Al Thani, and called him a friend while recognizing the country's extensive military partnership with the U.S. and billions of dollars in purchases from American companies.  'They are investing very heavily in our country,' Trump said.

    President Donald Trump gave a warm White House welcome Tuesday to the leader of Qatar amid a bitter rift between the tiny, energy-rich nation and its fellow American allies in the Persian Gulf and rising tensions with Iran. Trump clasped hands with the emir of Qatar, Sheikh Tamim bin Hamad Al Thani, and called him a friend while recognizing the country's extensive military partnership with the U.S. and billions of dollars in purchases from American companies. 'They are investing very heavily in our country,' Trump said.


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  • 62/74   US proceeding with plan for coalition to deter Iran threats
    WORLD TOPIC NEWS

    The United States will move ahead with plans to build a coalition of nations to monitor and deter Iranian threats against commercial shipping in the Persian Gulf area and in a heavy trafficked waterway between the Arabian Peninsula and the Horn of Africa, the chairman of the U.S. Joint Chiefs of Staff said Tuesday.  Marine Gen. Joseph Dunford said the Pentagon has developed a specific plan, and that he believes it will be clear within a couple of weeks which nations are willing to join the effort.

    The United States will move ahead with plans to build a coalition of nations to monitor and deter Iranian threats against commercial shipping in the Persian Gulf area and in a heavy trafficked waterway between the Arabian Peninsula and the Horn of Africa, the chairman of the U.S. Joint Chiefs of Staff said Tuesday. Marine Gen. Joseph Dunford said the Pentagon has developed a specific plan, and that he believes it will be clear within a couple of weeks which nations are willing to join the effort.


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  • 63/74   Treasury targets 2 Lebanese lawmakers, Hezbollah official
    WORLD TOPIC NEWS

    It's the first time that the U.S. has targeted lawmakers currently seated in Lebanon's parliament.  Trump administration officials said Treasury's action makes clear that there is no dividing line between Hezbollah's political and militant wings.  The U.S. designated lawmakers Amin Sherri and Mohammad Raad as well as Hezbollah security official Wafiq Safa under a U.S. executive order, which targets terrorists and those providing support to terrorists or acts of terrorism.

    It's the first time that the U.S. has targeted lawmakers currently seated in Lebanon's parliament. Trump administration officials said Treasury's action makes clear that there is no dividing line between Hezbollah's political and militant wings. The U.S. designated lawmakers Amin Sherri and Mohammad Raad as well as Hezbollah security official Wafiq Safa under a U.S. executive order, which targets terrorists and those providing support to terrorists or acts of terrorism.


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  • 64/74   UK leadership hopefuls clash over Brexit promises
    WORLD TOPIC NEWS

    Boris Johnson stood accused Tuesday of having nothing to offer Britain but 'blind optimism' as he and his rival for the premiership clashed over Brexit in a bad-tempered TV debate.  Johnson is the runaway frontrunner to replace Theresa May later this month, wooing voters with a promise to take Britain out of the European Union on October 31 whatever happens.  'If we want to make a success of Brexit it's not about blind optimism, it's about understanding the details that will get us the deal that's right for country,' said Hunt, the current foreign minister.

    Boris Johnson stood accused Tuesday of having nothing to offer Britain but 'blind optimism' as he and his rival for the premiership clashed over Brexit in a bad-tempered TV debate. Johnson is the runaway frontrunner to replace Theresa May later this month, wooing voters with a promise to take Britain out of the European Union on October 31 whatever happens. 'If we want to make a success of Brexit it's not about blind optimism, it's about understanding the details that will get us the deal that's right for country,' said Hunt, the current foreign minister.


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  • 65/74   US puts Hezbollah lawmakers on sanctions blacklist for first time
    WORLD TOPIC NEWS

    The US Treasury placed two Hezbollah members of Lebanon's parliament on its sanctions blacklist on Tuesday -- the first time Washington has taken aim at the Iran-allied group's elected politicians.  Stepping up its effort to build global pressure on the powerful Lebanese Shiite movement, the Treasury named MPs Amin Sherri and Muhammad Hasan Raad to a terror-related blacklist, saying that Hezbollah uses its parliamentary power to advance violent activities.

    The US Treasury placed two Hezbollah members of Lebanon's parliament on its sanctions blacklist on Tuesday -- the first time Washington has taken aim at the Iran-allied group's elected politicians. Stepping up its effort to build global pressure on the powerful Lebanese Shiite movement, the Treasury named MPs Amin Sherri and Muhammad Hasan Raad to a terror-related blacklist, saying that Hezbollah uses its parliamentary power to advance violent activities.


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  • 66/74   UK Tory contenders trade blows; Labour backs new Brexit vote
    WORLD TOPIC NEWS

    The two men vying to be Britain's next leader traded verbal blows in a televised debate Tuesday about who is more likely to break the country's Brexit deadlock and lead the U.K. out of the European Union.  About 160,000 Conservative Party members are voting for a successor to Prime Minister Theresa May, who announced her resignation last month after failing repeatedly to get Parliament to back her divorce deal with the EU.  The two finalists, Boris Johnson and Jeremy Hunt, both used their only televised debate to argue that they were best placed to negotiate Britain's twice-postponed exit, currently scheduled for Oct. 31.

    The two men vying to be Britain's next leader traded verbal blows in a televised debate Tuesday about who is more likely to break the country's Brexit deadlock and lead the U.K. out of the European Union. About 160,000 Conservative Party members are voting for a successor to Prime Minister Theresa May, who announced her resignation last month after failing repeatedly to get Parliament to back her divorce deal with the EU. The two finalists, Boris Johnson and Jeremy Hunt, both used their only televised debate to argue that they were best placed to negotiate Britain's twice-postponed exit, currently scheduled for Oct. 31.


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  • 67/74   Saudi princess tried in absentia for alleged Paris beating
    WORLD TOPIC NEWS

    The only daughter of Saudi Arabia's King Salman was put on trial in absentia Tuesday in Paris for allegedly ordering her bodyguard to strike a plumber she suspected of taking photos and video at the Saudi royal family's apartment in the French capital.  Prosecutors allege Princess Hessa bint Salman became enraged when she saw the plumber allegedly capturing her image, fearing the pictures could be used to harm her as the Saudi monarch's daughter due to her country's conservative traditions.  The princess' lawyer said she was not present because correspondence was sent to the Paris address, not to the royal palace in Saudi Arabia.

    The only daughter of Saudi Arabia's King Salman was put on trial in absentia Tuesday in Paris for allegedly ordering her bodyguard to strike a plumber she suspected of taking photos and video at the Saudi royal family's apartment in the French capital. Prosecutors allege Princess Hessa bint Salman became enraged when she saw the plumber allegedly capturing her image, fearing the pictures could be used to harm her as the Saudi monarch's daughter due to her country's conservative traditions. The princess' lawyer said she was not present because correspondence was sent to the Paris address, not to the royal palace in Saudi Arabia.


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  • 68/74   UN rights expert urges US action over Khashoggi killing
    WORLD TOPIC NEWS

    The United Nations human rights expert who conducted an independent probe into the murder of dissident Saudi journalist Jamal Khashoggi on Tuesday urged the US to act on her damning findings.  Agnes Callamard, a UN special rapporteur who concluded that Khashoggi's death at the Saudi consulate in Istanbul in October was 'an extrajudicial execution' by the Gulf kingdom, criticised the United States over its inaction.

    The United Nations human rights expert who conducted an independent probe into the murder of dissident Saudi journalist Jamal Khashoggi on Tuesday urged the US to act on her damning findings. Agnes Callamard, a UN special rapporteur who concluded that Khashoggi's death at the Saudi consulate in Istanbul in October was 'an extrajudicial execution' by the Gulf kingdom, criticised the United States over its inaction.


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  • 69/74   9 Easy Ways to Make Your Jack-o'-Lanterns Last Longer
    HEALTH TOPIC NEWS

    A little bleach goes a long way.

    A little bleach goes a long way.


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  • 70/74   Don't Forget These Vaccines When You Travel
    HEALTH TOPIC NEWS

    If you're planning a summer trip overseas, you may be preoccupied with booking airfare and finding lodging, but certain destinations require an extra step of planning: travel vaccines. You might...

    If you're planning a summer trip overseas, you may be preoccupied with booking airfare and finding lodging, but certain destinations require an extra step of planning: travel vaccines. You might...


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  • 71/74   How to Get Kids to Wear Sunscreen
    HEALTH TOPIC NEWS

    Being a kid in the summer is often about playing outside, but if you don’t protect your child from the sun’s ultraviolet rays, he or she has a greater chance of developing skin cancer as an adult...

    Being a kid in the summer is often about playing outside, but if you don’t protect your child from the sun’s ultraviolet rays, he or she has a greater chance of developing skin cancer as an adult...


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  • 72/74   Get a Good Sunscreen at a Great Price
    HEALTH TOPIC NEWS

    No doubt about it: If you’re using sunscreen properly, you’re going to go through a lot of it over the course of a summer. Let’s do the math. It takes a full ounce to cover your body, and you nee...

    No doubt about it: If you’re using sunscreen properly, you’re going to go through a lot of it over the course of a summer. Let’s do the math. It takes a full ounce to cover your body, and you nee...


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  • 73/74   How Safe Is Deet? | Insect Repellent Safety
    HEALTH TOPIC NEWS

    How Safe Is Deet? Deet is the most widely used insect repellent in the U.S. It has been around longer than any other active ingredient, and many scientists say it’s the gold standard for all rep...

    How Safe Is Deet? Deet is the most widely used insect repellent in the U.S. It has been around longer than any other active ingredient, and many scientists say it’s the gold standard for all rep...


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  • 74/74   9 Ways Digestive Problems Could Be Totally Screwing With Your Weight
    HEALTH TOPIC NEWS

    It could explain why that number on the scale is rising.

    It could explain why that number on the scale is rising.


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