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Monday, November 4, 2019

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 “The President was rarely aware that with the troops being withdrawn, we would have less ability to work with the SDF against the remnants of ISIS.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.