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Thursday, September 12, 2019

AFN News September 5, 2019

AFN NEWS
Thursday, September 5, 2019 

1) From ABC News, I’m Daria Albinger. Gaining strength, forecasters say Hurricane Dorian has strengthened a little in the tracks at the Eastern Seaboard off Georgia with sustained winds of 110 miles per hour within the category 2 storm. Officials are bracing the Dorian disaster. “Long convoys of utility trucks are right now driving from Florida to for Georgia and the Carolinas to be ready in case Dorian deals a hard blow. FEMA Acting Director Peter Gaynor here in Georgia says his help is ready to move in. ‘Right now, about 10,000 federal and national guards troops activated in four states.’ The concerns could be severe flooding. Swift-water rescue teams are on standby as well. Alex Stone, ABC News, Savannah, Georgia.” South Carolina Governor Henry McMaster is telling residents to heed the warning. “My message today is if you are still in an evacuation zone, you still have time to get out but the time to get out is running out.” Dorian will be close enough to both Carolinas coast to bring near hurricane-force wind, storm, surge and flooding through Friday morning. As for the Bahamas, the death toll stands at seven.

2) The Defense Department is repurposing billions in funding to pay for President Trump’s border wall. “About half of the 3.6 billion dollars being reprogramed for the wall was for military projects here at home, the other half in locations overseas. Among them, $400 million which had been set aside for reconstructing facilities in Puerto Rico after Hurricane Maria. Also there are nine school projects affected. In total, 127 projects are being deferred or delayed.” ABC’s Trevor Ault in Washington.

3) British opposition parties are rejecting Prime Minister Boris Johnson’s call for an October-15 election, saying they won’t back a snap poll unless the government takes a no-deal exit from the European Union off the table.

4) The Dow closed up 237 points today. You’re listening to ABC News.
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From the Fox Business Network; Stocks closing higher, following even political tensions in Hong Kong. Among the leading sectors today energy and technology, the Dow rising 237 points, the Nasdaq up 103, S&P 500 up 32. // And shares of Slack Technologies plunging after hours after the workplace communications company issued its first earnings report as a public company. Its results beating Wall Street estimates but it forecasts a slightly larger-than-expected loss for its current quarter. // And shares of American Eagle Outfitters tumbling over 11 and 1/2 percent today after a slow start at the back-to-school season led to worse-than-expected sales for its second quarter. The apparel retailer also says it will be launching a beauty business before the holiday season. Now its CEO is not providing many details and saying whether the business will be internally developed or it’s considering acquiring another brand. Currently, American Eagle offers a few beauty products that are mostly sold on line.  With the Fox Business Report, I’m Hilarie Barsky.