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Thursday, June 25, 2020

AFN News June 18


AFN NEWS
Thursday, June 18, 2020 

1) From ABC News, I’m Chuck Sivertsen. And now murder charges against Garrett Rolfe, the White Atlanta police officer who shot a Black man and suspected DUI Rayshard Brooks, in the back twice last Friday in the parking lot of a fast food restaurant. Fulton County District Attorney Paul Howard says Brooks posed no threat to the officers who did nothing to save him. “After Mr. Brooks was shot, for some period of 2 minutes and 12 seconds, there was no medical attention applied to Mr. Brooks.” Brooks’ widow Tomika Miller says she is hurt to hear that officers kicked and stood on her husband body as he died. “I didn’t imagine being there, because I don’t know what I would have done it if I would have seen it for myself, but I felt everything that he felt, just by hearing what he went through.” Another officer involved has also been charged with aggravated assault.

2) Senate Republicans unveiling their proposals to reform law enforcement practices including new accountability, training and de-escalation measurers. The legislation includes incentives to limit chokeholds. Democrats now reacting to it. ABC’s Katherine Faulders. “Two key senate Democrats say that Senator Tim Scott‘s police reform bill is insufficient to meet the moment, but they do not say if they will oppose starting a debate on the bill next week. Senator Kamala Harris said the bill lacks substance and (quote) ‘Gives lip service to the problem.’ Harris said (quote) ‘What he is proposing would not save a life.” Senator Cory Booker echoed this same sentiment. These two are crucial to their caucus and finding common ground. They had worked with Senator Tim Scott before but it’s unclear what happens next.”

3) COVID cases hospitalizations increasing in 15 states. Nine states hit new highs yesterday, including Oklahoma where President Trump holds the rally Saturday.

4) Major Wall Street indexes mostly fell in another day of wobbly trading as markets eased off the accelerator following their big rally for about three days. You’re listening to ABC News.
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I’m Liz Claman and this is the Fox Business Report.
Stocks finishing mixed with the Dow and S&P 500 snapping their three-session winning streak, while the NASDAQ booked its fourth consecutive gains. Investors juggling economic recovery optimism along with fears of the second wave of coronavirus cases. The Dow closing down 170 points, the NASDAQ up 15, S&P 500 down 11. // And Hertz is suspending a controversial stock offering as it’s being reviewed by the Securities and Exchange Commission despite filing for bankruptcy protection last month. Hertz filing to offer up to $500 million in shares, aiming to cash in on a surge in the stock’s popularity. // And banks across the U.S. apparently can’t spare a dime. Banks facing a shortage of coins during the coronavirus crisis prompting the Federal Reserve to ration distribution and work with the U.S. Mint to boost supply. However, Fed Chair Jerome Powell believes the issue is just temporary. That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.