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Thursday, October 24, 2019

AFN News October 17, 2019


AFN NEWS
Thursday, October 17, 2019 

1) From ABC News, I’m Chuck Sivertsen. A White House walkout; Democratic Congressional leaders say they walked out of a bipartisan briefing on Syria at the White House after they say President Trump started hurling insults. House Speaker Nancy Pelosi and Congressional Democratic leaders say they were stunned by the President’s attacks when they came to discuss Syria. “What we witnessed on the part of the President was a meltdown.” Senate Democratic Leader Chuck Schumer said the President told them Syria is Turkey and Russia’s problem now and then insulted Speaker Pelosi. “He called her a third-rate politician and there are communists involved, you guys might like that.” The House passing a nearly unanimous resolution condemning the President’s Syrian pullout.” Andy Field, ABC News, Washington.

2) House Minority Leader Kevin McCarthy saw the meeting differently, saying it was more productive after Speaker Pelosi left. “The Speaker tries to make everything political. Her own statements were unproductive. To storm out of the meeting, which I’ve watched time before during other crisis, is really not the ability of a speaker or the style how a speaker should carry herself out.” The meeting came after the House overwhelmingly voted to condemn President Trump’s withdrawal of American forces from northern Syria. President Trump has drawn bipartisan criticism for the withdrawal which led to Turkey attacking Kurdish forces and citizens in Syria.

3) A senior Trump Administration official confirms to ABC News that President Trump wrote a letter to Turkish President Erdogan, asking him not to slaughter thousands of people and threatening to destroy the country’s economy.

4) Majority Leader Mitch McConnell says the Senate will hold an impeachment trial as the House passes articles of impeachment on President Trump. “We intended to do our constitutional responsibility.” McConnell reviewed the impeachment trial rules for Senate Republicans, one of which is no talking.

5) Major indexes finished the day lower on Wall Street with technology stocks leading them away. The Dow fell 23 points. You’re listening to ABC News.
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“I’m Charles Payne and this is the Fox Business Report.” The major averages closing lower after U.S. retail sales fell for the first time in seven months in September, offsetting a good start to the third-quarter corporate earnings reporting season. // And shares of General Motors rising up 1% today after the automaker and the United Auto Workers reached a tentative deal to end a month-long strike. The Dow falling 23 points, the NASDAQ down 25, S&P 500 down 6. // And shares of Netflix are higher in the extended session after the company reported better-than-expected-earnings results for the third quarter with the streaming service, adding more than twice as many subscribers for the period than it did in a previous quarter. // And IBM reporting earnings after the closing bell with the stock falling this after the tech giant reported that revenue fell for the fifth quarter in a row even with contributions from Red Hat, an acquisition that closed in the third quarter. That’s your Fox Business Report. I’m Hilarie Barsky invested in news.
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