VISITORS

counter for blog

Monday, January 27, 2020

AFN News January 23


AFN NEWS
Thursday, January 23, 2020 

1) From ABC News, I’m Michelle Franzen. A tag team of seven trial managers from the House laying out the articles of impeachment case against President Trump over his dealing with Ukraine. “The facts before us are not in dispute.” Lead trial managers Jerry Nadler and Adam Schiff outlying evidence, they say, will show the President abused his power of office and obstructed Congress. “The House believes that an impartial juror upon hearing the evidence that the managers who lay out in the coming days will find that the Constitution demands the removal of Donald J. Trump from his office as president of the United States.” Democrats now have 24 hours over the course of three days to make their arguments. ABC’s Mary Bruce says senators are paying attention. “It’s a very different tone in that chamber from yesterday. Yesterday it was a lot about politics to play here. Today it’s all about the substance and senators both sides of the aisles, are sighted taking notes, listening intently. Some even getting out of their chairs to walk up a little bit to see, to get a closer look at some of those exhibits.” The defense will also get equal time to present their case.

2) In New York, the criminal trial of movie mogul Harvey Weinstein began today. “Harvey Weinstein was not just a titan in Hollywood. Prosecutors said he was a rapist who left the women he overpowered physically and emotionally nervous, confused and defeated. Prosecutors offered graphic detail about Weinstein’s injection of a reptile medications and aggressive sexual behavior. The defense said prosecutors were previewing a movie that jury would not see, arguing everything Weinstein did was consensual. The defense read friendly emails from some of Weinstein’s accusers seeking jobs or wondering what would be next in town. Aaron Katersky, ABC News, New York.”

3) Health experts are trying to keep an outbreak of the coronavirus from spreading widely from the city of Wuhan in China where it originated. Seventeen people now confirmed dead in China. U.S. health officials have been screening passengers at airports that arrived from China and today new restrictions put into place on flights in and out of Wuhan. You’re listening to ABC News.
…………………………………………..

I’m Maria Bartiromo and this is the Fox Business Report. Stocks fading into the closing bell with the major averages ending off session highs and closing mixed as investors digest earnings reports and monitor the coronavirus outbreak. Among the gainers today tech while energy companies declined. The Dow gainers; IBM, Intel and Apple. The Dow decliners; Boeing, Caterpillar and Johnson & Johnson. The Dow closing down 9 points, the NASDAQ up 13, S&P 500 up a point. Among the gainers today, Dow components IBM, it’s stocks closing up over 3% after Big Blue broke a five-quarter streak of declines and the reported minus revenue growth in an upbeat outlook. And some good news on the housing plant, U.S. home sales were the strongest in almost two years finding 3.6% in December, according to the National Association of Realtors. However, a record-low inventory of home on the market has caused prices to surge. That’s your Fox Business Report, I’m Hilarie Barsky, invested in you.