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Thursday, December 19, 2019

AFN News December 12, 2019


AFN NEWS
Thursday, December 12, 2019 

1) From ABC News, I’m Daria Albinger. History in the making tonight on Capitol Hill. The House Judiciary Committee will begin what’s known as a markup hearing on two articles of impeachment against President Trump. “Prime-time impeachment committee debates will feature Democrats saying they’re upholdin the rule of law and Republicans insisting the President was not given a fair hearing and did nothing impeachable. The arguments could last till midnight with the committee returning Thursday for another daylong markup. It’s likely the full House will debate and vote on the two articles of impeachment sometimes next week.” ABC’s Andy Field. The Senate Judiciary Committee hearing from Justice Department Inspector General Michael Horowitz today about his report on FBI’s decision to investigate the 2016 Trump campaign. Horowitz says while there were some mistakes, the probe was not prompted by political bias.


2) Learning more about yesterday’s deadly standoff between police and two gunmen in New Jersey City, New Jersey; the suspects, three civilians and a police officer were killed when the shooters pulled up in the U-Haul truck and opened fire at kosher deli. The authorities are searching the vehicle. “They did locate in that, among other items that I won’t be discussing, a pipe bomb - improvised explosive device. What I will say is that it was examined, it’s down at the FBI laboratory right now. It was a viable device, meaning it could be device that would have exploded. It was again of a pipe bomb design, not complicated but sophisticated in the sense that time and effort went into creating it.” Special agent in charge for the FBI Gregory Ehrie.

3) Harvey Weinstein settled civil suits filed by numerous accusers. “Harvey Weinstein and his bankrupt, namesake film studio have agreed to settle civil claims with women who have accused him of sexual misconducts. We’re told that total settlement is $47 million with about 2/3 going to the accusers and the rest to lawyers. There is no admission of wrongdoing required on Weinstein part.” ABC’ Aaron Katersky.

4) Time Magazine naming Greta Thunberg as its Person of the Year. You’re listening to ABC News.
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“I’m Maria Bartiromo and this is the Fox Business Report.”
The major averages closing in the green after the Fed announced it was leaving a benchmark interest rate unchanged in the range of 1.5 and 1.75% in signal that is expected to keep low rates steady through next year. Among the Dow winners today; Apple, Disney and United Technologies. The Dow decliners; Boeing, Home Depot and Chevron. The Dow rising 29 points, the NASDAQ up 38, S&P 500 up 9. // One of the big Dow laggards today, Home Depot. Its shares closing down 2% after the home improvement chain lowered its sales forecast into next year. The move comes three week after it cut its sales forecast for this year. And one of the Dow winners today; Apple. Its shares hitting an all-time high after an Evercore analyst said that the tech giant will make a strong showing next year, and despite the stock’s huge gain for this year, he says there will be continuing momentum for Apple.
That’s your Fox Business Report, I’m Hilarie Barsky, invested in news.