VISITORS

counter for blog

Wednesday, March 4, 2020

AFN News February 27


AFN NEWS
Thursday, February 27, 2020 

1) From ABC News, I’m Michelle Franzen. In Milwaukee, a shooting inside the MillerCoors brewing facility, local police tell ABC affiliate WISN that the suspect may be a fired employee and reporting that as many as seven may be dead including the gunman, but it’s not been independently  confirmed. ABC’s Ryan Burrow has the latest. “Milwaukee Police are not getting much information at this point other than that this is a critical incident. We know it’s located at the MillerCoors brewing facility. Their attention seems to be focused on Building No. 4 on the urban sprawling campus. There are multiple ambulances at the scene, dozens upon dozens of vehicles, we know the FBI says it is responding.” ABC’s Ryan Burrow.

2) Next hour, President Trump will belief the nation on efforts to combat the coronavirus. That is cases. The virus is spreading beyond China where the outbreak began in the part of Asia and Europe. ABC’s Katherine Faulders is in Washington. “The Trump Administration has responded to criticism with mixed messages insisting the threat was contained but has simultaneously acknowledged that more people inside the U.S. would likely turn up infected. The President has claimed the situation is, quote, under control and plans to hold a news conference this evening to address it.

3) A Federal appeals court backing the Trump Administration in the disputes of so-called sanctuary cities. The Second U.S. Circuit Court of Appeals here in New York said the Trump Administration could withhold millions of dollars in grants from cities that do not give federal immigration authorities advanced notice of an undocumented immigrants release from custody. A district court ordered the Administration to release the money after seven states and New York City sued. The Appellate Court said though the Federal Government has broad authority to enforce national immigration laws and policies, the ruling conflicts with other federal appeals courts that ruled in favor of the states. Aaron Katersky, ABC News, New York.

4) On Wall Street, stocks ending mixed after trading up for much of the day. Concerns over the global economic impact from the coronavirus driving further declines. The Dow losing 123 points. You’re listening to ABC News.
…………………………………………..

I’m Maria Bartiromo and this is the Fox Business Report.
The major averages closing mixed with the Dow and S&P 500 suffering their fifth straight session of loses. The Dow giving up bigger gains as investors continued to assess the economic impact of the coronavirus. The Dow winners today; 3M, Apple and Microsoft. The Dow decliners; Disney, Chevron and American Express. The Dow closing down 124 points, losing nearly 7% so far this week. The NASDAQ up 15, S&P 500 down 12. // And not a good day on Wall Street for the Mouse House, shares of Disney closing down 3.5% after the media giant’s surprise move to replace top boss Bob Iger raised questions on Wall Street if his successor Bob Chapek had enough experience in the entertainment business. // And shares of home improvement retailer Lowe’s closing down 4% after reporting weaker-than-expected sales for its fourth quarter. That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.