AFN News May 27

AFN NEWS

Thursday, May 27, 2021 

1) [Investigators] in San Jose, California are looking into this morning’s deadly shooting at a mass transit facility. Eight people were killed. The suspect opened fire at the Santa Clara Valley Transportation Authority light railyard is dead. Santa Clara Sheriff Department Spokesman Russell Davis says the suspect was a VTA employee. “We actually had an explosives dog on scene, which detected some type of explosive material at the crime scene itself. At that point, we activated the sheriff’s office bomb squad, who is currently on scene and render any kind of suspicious packaging safe at that point.” ABC’s Kaylee Hartung says a house fire is also linked to the suspect. “We come to learn that that house, that was on fire. It was a house of Samuel Cassidy. That’s the same man who authorities believe took his own life after killing eight employees of the Valley Transportation Authority here this morning. So, authorities believe that man set his own house on fire before he drove less than ten miles to get here and carried on this deadly rampage.” President Biden is ordering flags to half-staff the fifth time he has done since taking office.

 2) The President wants another three-month investigation into the origins of COVID-19. “The Biden Administration defending against Republican claims that the President has made a U-turn on if COVID came from a Chinese lab.” We have been saying that for a very long time, that China needed to provide more access to the lab, cooperate more fully. “Spokesperson Karine Jean-Pierre saying it may be impossible to know the exact COVID origin if China doesn’t let inspectors look into directors and the lab. Andy Field, ABC News, Washington.”

3) Police in Aurora, Colorado say a road rage incident left a driver in critical condition. The suspect is in custody. 

4) Going away from Memorial Day? The Triple A (AAA) is predicting more than 37 million will travel over the long holiday weekend. That’s up 60% from last year. The busiest day for drivers will be tomorrow, Friday for air travelers. You’re listening to ABC News.

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I’m Charles Payne, and this is the Fox Business Report.

Stocks finished higher as investors continue to monitor the economic recovery and rising inflation. And it was a historical day for the Dow Jones Industrial Average marking the 125th anniversary of the index which made a state view on May the 26th, 1896. The Dow rising 11 points, the Nasdaq up 81, S&P 500 up 8. And shares of Dick’s Sporting Goods topped over 16% after reporting a surge in first quarter sales in solid earnings as team sports returned. Investor piled into shares of Zscalar after the provider cloud-based security software posted better than expected quarterly results. Its shares rose 12%. And housing market is in need for home for sale and Toll Brothers are reaping the benefits. Its stocks jumped 4% after the home builder reported record contracts in the second quarter that exceeded analysts’ estimates.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.