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Thursday, November 28, 2019

AFN News November 21, 2019


AFN NEWS
Thursday, November 21, 2019 

1) From ABC News, I’m Daria Albinger. Today’s House impeachment hearing is in recess until late this hour, EU Ambassador Gordon Sondland was asked earlier today what he knew about an alleged quid pro quo between the White House and Ukraine. Here’s ABC’s Jonathan Karl, “The President almost certainly would have known that the President’s call with Zelensky was under scrutiny and it was interesting Sondland was twice asked whether or not he believed the President’s denial when the President said there was no quid pro quo and Sondland said this is one of the incidents with the Congressman Castro, and you believe the President? Sondland answered you know what. I’m not going to characterize whether I believed it or didn’t believe. I’m just trying to convey what he said on the phone.” State Department official David Hale and Defense Department official Laura Cooper are expected to testify later this hour.

2) Ten Democratic presidential candidates doing their final preps for tonight’s debate in Atlanta.

3) It’s a tool that helps students determine on college to make the grade financially. “Education Department gave its College Scorecard website a makeover. It now lets students search majors at school and see how much graduates typically earn after graduation as well as how much they own in student debts. The Obama Administration published similar data on for-profit collages and promised to cut funding for ineffective programs. The current Education Secretary derailed that plan and instead says students can decide for themselves with the information they put online. Andy Field, ABC News, Washington.”

4) Britain’s Prince Andrew stepping back from public life for now. “The Prince has taken a pounding after his disastrous TV interview of the weekend about his association with convicted sex offender Jeffrey Epstein. In the palace statement, Andrew says it has become clear to him in recent days. The whole issue has become a major destruction to the Royal family’s work, so he’s taking a break from duties with the Queen’s permission.” ABC’s Tom Rivers in London.

5) The Dow had its worst day in a month falling more than 100 points. You’re listening to ABC News.
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“I’m Maria Bartiromo and this is the Fox Business Report.” Stocks closing mixed on the day. The Dow off 102, the S&P down 2, while the NASDAQ gained 20 closing in a record territory. Wall Street appearing to struggle off earlier comments from the President Trump who admits of the ongoing trade war with China. “China is gonna have to make a deal that I like. If they don’t, that’s it,” speaking today and threatening to raise tariffs higher on China if no trade deal is reached. // Retail giants dragging down stocks today, Target, Walmart, Sears, Home Depot, Nordstrom, Macy’s, Kohl’s and Best Buy all finishing down. Discount retailer TJ Maxx, __ __, finishing up for the day. // Oil prices falling. U.S. crude down more than 3%, going for about $55 per barrel. Good news, drivers; gas prices also trending down straight way. That’s your Fox Business Report, I’m Tom Graham, invested in news.

Monday, November 18, 2019

AFN News November 14, 2019


AFN NEWS
Thursday, November 14, 2019 

1) From ABC News, I’m Dave Packer. Today House Democrats opened the first public impeachment hearing in more than two decades. Lawmakers were asking if President Trump withheld military aid to Ukraine until they investigated Joe Biden. “In the first impeachment hearing, Texas Republican John Ratcliffe challenged the witnesses to find a quid pro quo in President Trump’s July phone call with his Ukrainian counterpart. ‘Where is the impeachable offense in that call? Are either of you here today to assert there was an impeachable offense in that call?  Shout it out, anyone?’ In his question, Texas Democrat Joaquin Castro suggested just because aide eventually deferred to Ukraine, that does not mean there is no crime. ‘Is attempted murder a crime? Attempted murder is a crime.’ The next hearing in the impeachment inquiry comes up Friday. Aaron Katersky, ABC News, Washington.”

2) While the House Intelligence Committee opened public hearings in the impeachment probe, President Trump who was at the White House meeting with the Turkish President said he didn’t watch the hearing. “This is a sham and shouldn’t be allowed. It was a situation that was caused by people that shouldn’t have allowed it to happen and I wanna find out who is a whistleblower.” The President says his July call with the Ukraine leader was perfect and appropriate. 

3) Former President Jimmy Carter is recovering in an Atlanta hospital, following brain surgery. “A little over a month ago, Jimmy Carter stood before a crowd in Nashville at a Habitat for Humanity home building project. ‘First of all, I wanna explain my black eye.’ He had fallen at home and needed fourteen stitches to close the cut on his head. That same accident has started to have done internal harm, leaving a pool of blood that put pressure on Mr. Carter’s brain. Doctors say it’s fairly common in older people but the procedure to correct the problem was successful. Jim Ryan, ABC News, Atlanta.

4) Another Democrat entering the 2020 presidential race, ABC News confirming former Massachusetts governor Deval Patrick has begun calling political allies to tell them that he intends to run for the White House. You’re listening to ABC News.
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“I’m Maria Bartiromo and this is the Fox Business Report.” On Wall Street, stocks finishing mixed with the Dow and S&P 500 closing its new record high. Stocks wavering today after the Wall Street Journal reported the U.S.-China trade talks hit a snag on farm purchases. The Dow winners today; Disney, Apple and Nike. The Dow decliners; Caterpillar, Goldman Sachs and IBM. The Dow rising 92 points for its 10th record close of the year. The NASDAQ down 4, S&P 500 up 2. // And Disney having a magical day on Wall Street and lifting the Dow higher. Its shares jumping around 7% after the entertainment giant said that its new streaming service Disney+ had more than 10 million subscribers in the wake of Tuesday launch. Credit Suisse also raising its outlook for Disney stock with the price target of around $162. However, another streaming service Netflix not having a good day on Wall Street. Its stock falling 3%. That’s your Fox Business Report, I’m Hilarie Barsky, invested in news.

Thursday, November 14, 2019

AFN News November 7, 2019


AFN NEWS
Thursday, November 7, 2019 

1) From ABC News, I’m Michelle Franzen. House investigators released the deposition transcript for Bill Taylor, the top U.S. diplomat in Ukraine. “The deposition transcript from Bill Taylor shows Tailor understood security assistance was being withheld to pressure Ukraine to publicly announce an investigation into President Trump’s political opponents. Taylor testified his nightmare scenario was that the Ukraine leader would announce investigations, take all the heat from that, get himself in big trouble and never get U.S. security assistance, adding Russia would love that. Taylor will be back to testify publicly on November 13th. __ __, ABC News on Capitol Hill.”

2) In the race to the White House, it’s essentially a four-way race in Iowa, shaping up between Elizabeth Warren, Pete Buttgieg, Bernie Sanders and Joe Biden, but according to a New Quinnipiac University poll, according to the finding, the advantage that Biden has had is starting to dwindle, while Pete Buttgieg is gaining some ground.

3) California’s top prosecutor is going after Facebook, saying that the company is not cooperating with an investigation into its business practices. “California Attorney General Xavier Becerra says Facebook is under investigation for alleged privacy violations and that Facebook is ignoring subpoenas for information. ‘Facebook has failed to respond adequately to those lawfully issued subpoenas.’ In the statement, though, Facebook claims it has cooperated extensively with California’s investigation and says it has provided hundreds of thousands of documents. I’m Alex Stone, ABC News.”

4) Police say two people wanted in connection with the deaths of a New Hampshire couple were captured in Mexico. “Men from Utah were in connection with the double murders of James and Michelle Butler of New Hampshire. The Butlers were in the middle of a cross-country road trip and found buried in a shallow grave in Padre Island, Texas. Marcus Moore, ABC News, Kingsville, Texas.” And that investigation continues. You’re listening to ABC News.
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“I am Maria Bartiromo and this is the Fox Business Report.” On Wall Street, the major averages closing mixed after Reuters reported the deciding of the initial U.S.-China trade deal could be delayed till December. Among the gainers today utilities and real estate companies, while energy and tech companies were among the laggers. The Dow winners today; McDonald’s, Procter & Gamble, and Visa. The Dow decliners; Boeing, Walgreens, and Exxon Mobil. The Dow falling a fraction, the NASDAQ down 24, S&P 500 up 2. // And shares of CVS Health closing up over 5% after the drugstore chain and pharmacy benefit manager posted the stronger-than-expected profits and raised its outlook for its pharmacy business, and its Aetna health insurance unit seeing business improved. And after closing 46 stores this year, CVS plans to shutter another 22 locations next year with the company saying that the move will generate enhanced longer-term performance. That’s your Fox Business Report, I’m Hilarie Barsky, invested in news.

Monday, November 4, 2019

AFN News October 31, 2019


AFN NEWS
Thursday, October 31, 2019 

1) From ABC News, I’m Daria Albinger. __ left the White House last month amid reported foreign policy conflicts. Now a person familiar with the matter confirmed to ABC News that former National Security advisor John Bolton has been formerly asked to testify in the House impeachment inquiry into President Trump. Sources say he could provide a fuller roadmap into the Ukraine dealing with the President’s personal attorney Rudy Giuliani.

2) At the Pentagon. “A total of six ISIS members died on the objective. Four were women and there were two men including Baghdadi. This is an addition to the two children killed by Baghdadi as he blew himself up.” U.S. Central Command Leader General Kenneth McKenzie releasing more details on the weekend raid that ended with the death of ISIS leader Abu Bakr al-Baghdadi.

3) Just as forecasters feared, firefighters in California are facing extreme winds as they try to gain control over a new clap of wildfires. “These winds are fears, whipping up fires all over the area. At least seven started today alone, but the biggest fear in Simi Valley has been counted as the Easy Fire, which has burned over 1300 acres and threatens the Ronald Reagan Library. Wind gust hit 80 miles an hour, making it incredibly tough to fight these fires, but so far there has been surprisingly little property damage and winds are expected to continue into Thursday.” That’s ABC’s Jason Nathanson alive.

4) It’s day 14 of Chicago teachers’ strike and the union says it’s prepared to consider a tentative contract agreement. “On the stipulation, Chicago Teachers’ Union wants the Mayor to agree to make up lost school days at the end of the school year. The teachers have not been paid for the days they got on strike. The Mayor has previously said she does not plan to make up any days. The district could have to make up at least couple of the school days to meet the minimum number of days required by state law. Ryan Burrow, ABC New, Chicago.”

5) Stocks ended higher on Wall Street after the Federal Reserve announced the third interest rates cut this year. The Dow gained 115 points. You’re listening to ABC News.
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“I’m Charles Payne and this is the Fox Business Report.” Stocks closing higher with S&P500 notching another record close after the Federal Reserve cut its benchmark interest rates for the third time this year to a range between 1.5 and 1.75% with the Dow rising 115 points, the NASDAQ up 27, S&P 500 up 10. // And Apple‘s delivering and earnings beating Wall Street expectations with the guidance for its important holiday quarter in line with analysts’ estimates. Its services revenue reaching an all-time high of $12.5 billion. // And shares of Facebook popping after hours after the social media company announced third-quarter results that beat analysts’ earnings estimates and topped revenue forecast with ad sales jumping and monthly active users brightening. // And Starbucks reporting quarterly earnings and revenue that met analysts’ expectations as the coffee giant’s royalty program and new delivery options boosted its demand and helped fend off competition. That’s your Fox Business Report. I’m Hilarie Barsky invested in news.


AFN News October 24, 2019


AFN NEWS
Thursday, October 24, 2019 
- Ichizuka

 1) From ABC News, I’m Daria Albinger. Five hours after reset to begin, a House impeachment inquiry deposition featuring a key Pentagon official is underway. The delay was caused by Republicans who stormed a secure room at the Capitol, demanding to take part. “The Republican Minority Whip Steve Scalise defended the move as the Minority Leader, Kevin McCarthy argued. ‘There’s much responsibility, we have to see the transcripts, we have to set the hearings if we have to cast a vote.’ A protest led to a five-hour delay for testimony from Deputy Assistant Secretary of Defense Laura Cooper who oversees Ukraine policy. Serena Marshall, ABC News, Capitol Hill.”


2) President Trump says the U.S. will lift sanctions on Turkey, calling a ceasefire with Syrian Kurds permanent. “We have it under a very good control. Turkey has done what we’ve asked them to do. We have tremendous economic might, far more than we had, relatively speaking, when I took office.” But the President’s special envoy to Syria is offering a less optimistic view. “U.S. Ambassador Jim Jeffrey offered advice on Syrian policy and told Congress that President Trump’s pullout will make it harder to fight terrorists. “The President was rarely aware that with the troops being withdrawn, we would have less ability to work with the SDF against the remnants of ISIS. President Trump says the Kurds, Turkey, Russia and Syria will continue containing that terror group. Andy Field, ABC News, Washington.

3) Pacific Gas and Electric spokesperson Jennifer Robison says the company is moving forward with planned power outages this afternoon for customers in Northern California to prevent wildfire caused by downed or snapped power lines in windy conditions. “We have about 179,000 customers across 17 counties who will be affected by the Public Safety Power Shutoff.” Southern California Edison has doubled the number of customers who may have their power cut to 308,000. 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 in the green as investors digested a slew of earnings reports from some of the country’s leading companies. With the Dow rising 46 points, the NASDAQ up 16, S&P 500 up 9. // And after the closing bell, Microsoft reporting earnings and revenue beating Wall Street expectations with a software giant cloud computing Azure division growing nearly 60%, which is actually slightly down from the previous quarter. // And Ford reporting earnings beating Wall Street estimates but its shares declined in the extended session after the truck and automaker said it expects increased fourth-quarter headwinds. // And eBay‘s revenue coming in below estimates as it faces intense competition from Amazon and Walmart with the company forecasting a weaker outlook. EBay shares are lower after hours. That’s your Fox Business Report, I’m Hilarie Barsky, invested in news.