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Friday, December 20, 2019

AFN News December 19, 2019


AFN NEWS
Thursday, December 19, 2019 

1) From ABC News, I’m Dave Packer. A six-hour war of words is under way on the House floor as the lawmakers explain why they are for or against impeaching President Trump. “Members of Congress continue to debate the case for or against impeachment. Republicans like Alabama representative Mike Rogers are blasting the impeachment as a political sham. ‘The matter before the House today is based solely on a fundamental hatred of our President.’ Democrats like Pennsylvania representative Madeleine Dean said the President has demonstrated a clear pattern of wrongdoing. ‘When is it every right for the President to coerce foreign power to interfere in our elections?’ The Chamber will move to a final vote on the impeachment later today. Jordyn Phelps, ABC News, Capitol Hill.” President Trump will be at an election rally in Michigan, talking to supporters at the time the House is expected to vote.

2) Senate Judiciary Chairman Lindsey Graham says he plans on holding hearings next year to examine FISA warrants. “If it’s not a system problem, that tells me that the people in the Carter Page case got drunk with power, had a personal agenda, and may have acted on it. If it’s a systematic abuse, it tells me that the FISA process needs to be dramatically reformed. Either way, it’s bad.” That is Graham’s announcement. He is in response to the DOJ inspector general report that found errors in the warrants FBI agent drafted to conduct surveillance on former Trump campaign aide Carter Page. *FISA= Foreign Intelligence Surveillance Act

3) In Oregon, one person dead, two others injured, stabbed at a shopping center near Portland. A suspect in custody. Derrick Easley is the manager of Sprint Store in that shopping center. “Something like this to happen, you know, on a Wednesday. It’s wild and shocking to see them.” So far no words on the motive

4) And up the coast in Washington State, an elementary school-aged child in King County died from the flu. It’s the first reported pediatric flu death in that county since 2009. Health officials say the child was previously healthy and died from flu complications. Five other deaths from the flu have been confirmed in Washington State this season. You’re listening to ABC News.
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- I’m Maria Bartiromo and this is the Fox Business Report. -
Stocks finishing mixed with the Dow snapping a five-session winning streak and the NASDAQ notching a new record high. Among the gainers today, energy and real estate companies while industrials lagged. The Dow winners; Boeing, UnitedHealth and Nike. The Dow decliners; 3M, Disney and Procter & Gamble. The Dow falling 28 points, the NASDAQ up 4, S&P 500 down a point. // One of the big laggards today on Wall Street, delivery giant FedEx. Its shares tanking 10%, after reporting 40% drop in quarterly profits and cutting its earnings targets for the fourth time this year due to weak global economic conditions and higher expenses. // And General Mills rising over 2% after the owner of Cheerios and Betty Crocker reported better-than-expected quarterly results strongly boosted by its pet food divisions. Sales of its Blue Buffalo pet food rising 16%, making up for weaker snack bar and yogurt sales. That’s your Fox Business Report, I’m Hilarie Barsky, invested in news.