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Thursday, July 25, 2019

AFN News July 18, 2019

AFN NEWS
Thursday, July 18, 2019 

1) From ABC News, I’m Daria Albinger. Just moments ago, the House voted to table Democratic Texas Congressman Al Green’s resolution to impeach President Trump with a majority of Democrats, joining Republicans in killing the measure. “On this vote, the yeas are 332 and the nays are 95 with one answering “Present.” The motion is adopted.” The resolution was proposed in the wake of President Trump’s tweets suggesting four Democratic congresswomen should go back to their home countries. Speaking outside the White House on his way to a rally, the President says the political fighting this week has benefited them. “I am not relishing the fight. I’m enjoying it because I have to get the word out to the American people.” The President says he has no regrets about the tweets.

2) Prosecutors in Massachusetts have dropped a felony sex assault charge against actor Kevin Spacey. “The accuser’s attorney said his client has shown an enormous amount of courage under difficult circumstances, but when the accuser refused to testify at a recent pretrial hearing about missing evidence, prosecutors had little choice but to drop the indecent assault charge against Kevin Spacey. The actor had been accused of touching the young man’s genitals for three minutes in a Nantucket restaurant several summers ago. He had pleaded not guilty but the accusation and a number of others paralyzed Spacey’s career. Police in London recently interviewed Spacey about allegations in the U.K. Aaron Katersky, ABC News, New York.

3) Stocks extended losses into the second day on Wall Street, the Dow fell 116 points, the S&P fell 20, the NASDAQ dropped 37.

4) Republican Senator Rand Paul has blocked a bipartisan bill that would ensure a victims’ compensation fund for September 11th first responders never runs out of money. “We need to address our massive debt in this country. We have $22 trillion debt. We’re adding debt at about a trillion dollars a year.” Another vote on the standalone measure will wait until August.

5) The Trump Administration has stopped sending kids to a controversial homestead migrant facility in Florida. You’re listening to ABC News.
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From the Fox Business Network; stocks falling as investors digested mixed earning results with the Dow dropping 116 points, the NASDAQ down 38, S&P 500 down 20. // And shares of Netflix plunging in the extended trading session as the video streaming company badly missed projections for new paid subscriptions in the second quarter, only adding 2.7 million paid subscribers internationally compared with analysts’ estimates of over 5 million. Netflix is facing heightened competition particularly from Disney, Apple, and HBO owner AT&T which are all launching their own streaming services. // And Bill Gates has been dethroned as the second richest person in the world according to the Bloomberg Billionaires Index that entered Bernard Arnault, Chairman of LVMH with a net worth of $108 billion. Gates was in the second place for seven years since the list was created. The LVMH chair is the richest person in Europe and his total worth is equivalent to more than 3% of France’s economy. With the Fox Business Report, I’m Hilarie Barsky.