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Monday, August 26, 2019

AFN News August 22, 2019

AFN NEWS
Thursday, August 22, 2019 

1) A small jet burst into flames after sliding off a runway in the Northern California town of Oroville. ABC’s Alex Stone has the very latest. “All the remains as a shell of the jet rest burned. All ten people on board the plane escaped. The FAA saying the plane was taking off for Portland, Oregon. When the pilot aborted takeoff, the jet ran off into the end of the runway and caught fire. Last week another Cessna Citation ran off a runway and caught fire in Tennessee. NASCAR legend Dale Earnhardt Jr. was on board that plane. The FAA and the NTSB will investigate.

2) On the road to Kentucky, President Trump signed an order to help some veterans. “President Trump taking executive action ordering the Department of Education to forgive all student loan debts owned by disabled veterans. “That’s hundreds of millions of dollars in student debt held by our severely wounded warriors. It’s gone forever.” The President signing the memo Wednesday afternoon following his speech at the American veterans 75th National Convention. The President said his proposal would eliminate an average of $30,000 for each of the more than 25,000 eligible veterans. Trump was joined by Education Secretary Betsy DeVos. Monica Sorrenti, ABC News, the White House.”

3) Speaking to reporters as he left the White House, President Trump says he considers gun violence, a public health issue and he’s looking for ways to make background checks more strict. President Trump says he also had a good talk with the NRA president yesterday.

4) Dozens of boats and planes continue the search for two fishermen missing off the coast of Florida. “Justin Walker and Brian McCluney haven’t been seen in six days. Monday, a civilian boater who’s helping the search for these two firefighters pulled in offshore a fishing bag from the water near St. Augustine, giving the authorities some direction. As of now, they says this is still 100% a rescue mission. ABC’s Pete Combs.

5) Stocks closed higher on Wall Street, following good quarterly retail results. The Dow added 240 points, the S&P gained 23, the NASDAQ up 71. You’re listening to ABC News.
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From the Fox Business Network; on Wall Street stocks climbing as strong earnings reports from retailers eased some of the fears among investors about slowing economic growth, with the Dow rising 240 points, the Nasdaq up 72, the S&P 500 24. // And shares of Target soaring 20%, setting a new high after it raised its earnings guidance for the year and reported that sales and profits rose in the second quarter. Lowe’s also reporting higher profits that beat analysts’ estimate, pushing its share up 10% today. // And in the extended trading session, shares of Nordstrom higher after the retailer delivered mixed earnings reports with revenue less than expected but hardly beating Wall Street profit estimates. // And a Bowl boom from Dunkin. Forget about all things. Pumpkin is a part of its fall menu. Dunkin is introducing two Burrito Bowls to its lineup, the Fire Roasted Veggie Bowl, a better for your option and a heartier option the Chorizo Bowl. With the Fox Business Report, I’m Hilarie Barsky.