AFN News September 5, 2019

AFN NEWS

Thursday, September 5, 2019　

1) From ABC News, I’m Daria Albinger. Gaining strength, forecasters say Hurricane Dorian has strengthened a little in the tracks at the Eastern Seaboard off Georgia with sustained winds of 110 miles per hour within the category 2 storm. Officials are bracing the Dorian disaster. “Long convoys of utility trucks are right now driving from Florida to for Georgia and the Carolinas to be ready in case Dorian deals a hard blow. FEMA Acting Director Peter Gaynor here in Georgia says his help is ready to move in. ‘Right now, about 10,000 federal and national guards troops activated in four states.’ The concerns could be severe flooding. Swift-water rescue teams are on standby as well. Alex Stone, ABC News, Savannah, Georgia.” South Carolina Governor Henry McMaster is telling residents to heed the warning. “My message today is if you are still in an evacuation zone, you still have time to get out but the time to get out is running out.” Dorian will be close enough to both Carolinas coast to bring near hurricane-force wind, storm, surge and flooding through Friday morning. As for the Bahamas, the death toll stands at seven.

2) The Defense Department is repurposing billions in funding to pay for President Trump’s border wall. “About half of the 3.6 billion dollars being reprogramed for the wall was for military projects here at home, the other half in locations overseas. Among them, $400 million which had been set aside for reconstructing facilities in Puerto Rico after Hurricane Maria. Also there are nine school projects affected. In total, 127 projects are being deferred or delayed.” ABC’s Trevor Ault in Washington.

3) British opposition parties are rejecting Prime Minister Boris Johnson’s call for an October-15 election, saying they won’t back a snap poll unless the government takes a no-deal exit from the European Union off the table.

4) The Dow closed up 237 points today. You’re listening to ABC News.

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From the Fox Business Network; Stocks closing higher, following even political tensions in Hong Kong. Among the leading sectors today energy and technology, the Dow rising 237 points, the Nasdaq up 103, S&P 500 up 32. // And shares of Slack Technologies plunging after hours after the workplace communications company issued its first earnings report as a public company. Its results beating Wall Street estimates but it forecasts a slightly larger-than-expected loss for its current quarter. // And shares of American Eagle Outfitters tumbling over 11 and 1/2 percent today after a slow start at the back-to-school season led to worse-than-expected sales for its second quarter. The apparel retailer also says it will be launching a beauty business before the holiday season. Now its CEO is not providing many details and saying whether the business will be internally developed or it’s considering acquiring another brand. Currently, American Eagle offers a few beauty products that are mostly sold on line.  With the Fox Business Report, I’m Hilarie Barsky.

AFN News August 29, 2019

AFN NEWS

Thursday, August 29, 2019　

1) From ABC News, I’m Daria Albinger. We have breaking news out of Washington. Your voice, your vote, another Democratic candidate is out of the race. New York Senator Kirsten Gillibrand tweeting she is ending her campaign. She failed to meet the threshold to qualify for the ABC News presidential debate in two weeks.

2) Hurricane Dorian is moving northeast to Puerto Rico as a category one storm carrying 80-mile-per-hour winds. Forecasters say it could increase to the CAT 3 strength before making landfall in the Southeast. “At this point, Dorian can make landfall anywhere from Miami to Tybee Island, Georgia. Jacksonville Mayor Lenny Curry says, ‘We’re still a day or two for making any decisions about any evacuations.’ And for those thinking about profiteering during the storm, Florida Attorney General Ashley Moody says “Don’t.” “People can jack up the price of the product when people are trying to get emergency supplies.” Her state officials get ready for Dorian. FEMA says its threat needs several thousands more emergency workers even as President Trump moves to cut the agency’s budget. Pete Combs, ABC News.

3) Swedish teen climate phenom Greta Thunberg has arrived in New York City, following a two-week trans-Atlantic trip on a zero-emission boat. “This Friday, I’m going to join as school striking young people outside the U.N., which they have been doing for every Friday now for more than half a year.” Thunberg will address the U.N. Climate Action Summit next month.”

4) A record-setting race car driver has died. “__ __.” “__ I’m Jessi.” Jessi Combs was a member of the Mythbusters team and also a legend in the car racing world dubbed ‘the fastest woman on 4-wheels.’ Combs died in an attempt to break her own land speed record in a jet car. The accident happened on the Alvord Desert in Oregon where Combs set a record in 2013, reaching speed of 398 miles per hour. The crash is under investigation. Jessi Combs was 39. Jason Nathanson, ABC News, Hollywood. You’re listening to ABC News.

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From the Fox Business Network; stocks climbing as investors shrugged off inverted yield curve in the U.S.-China trade worries, with the Dow rising 258 points, the NASDAQ up 30, S&P 500 up 19. // And McDonald’s is introducing a new anti-harassment training program for its workers in the U.S. with 2,000 U.S. franchisees providing the training to some 850,000 employees with online and in-person training beginning in October. McDonald’s will educate workers about harassment and bullying. // And shares of Fitbit spiking 6% after launching its latest smartwatch Versa 2, adding Amazon’s voice assistant Alexa, online payments, and music storage in a bid to compete strongly with Apple’s smartwatches. Its retail for 200 bucks will be available in stores September the 15th. // And sneaker retailer Puma is hitting the Big Apple and opening a brand new flagship store on Fifth Avenue. The 18,000-square-foot space spans two levels and marks its first bricks-and-motor location in New York City and the first of its kind in North America. With the Fox Business Report, I’m Hilarie Barsky.

AFN News August 22, 2019

AFN NEWS

Thursday, August 22, 2019　

1) A small jet burst into flames after sliding off a runway in the Northern California town of Oroville. ABC’s Alex Stone has the very latest. “All the remains as a shell of the jet rest burned. All ten people on board the plane escaped. The FAA saying the plane was taking off for Portland, Oregon. When the pilot aborted takeoff, the jet ran off into the end of the runway and caught fire. Last week another Cessna Citation ran off a runway and caught fire in Tennessee. NASCAR legend Dale Earnhardt Jr. was on board that plane. The FAA and the NTSB will investigate.

2) On the road to Kentucky, President Trump signed an order to help some veterans. “President Trump taking executive action ordering the Department of Education to forgive all student loan debts owned by disabled veterans. “That’s hundreds of millions of dollars in student debt held by our severely wounded warriors. It’s gone forever.” The President signing the memo Wednesday afternoon following his speech at the American veterans 75th National Convention. The President said his proposal would eliminate an average of $30,000 for each of the more than 25,000 eligible veterans. Trump was joined by Education Secretary Betsy DeVos. Monica Sorrenti, ABC News, the White House.”

3) Speaking to reporters as he left the White House, President Trump says he considers gun violence, a public health issue and he’s looking for ways to make background checks more strict. President Trump says he also had a good talk with the NRA president yesterday.

4) Dozens of boats and planes continue the search for two fishermen missing off the coast of Florida. “Justin Walker and Brian McCluney haven’t been seen in six days. Monday, a civilian boater who’s helping the search for these two firefighters pulled in offshore a fishing bag from the water near St. Augustine, giving the authorities some direction. As of now, they says this is still 100% a rescue mission. ABC’s Pete Combs.

5) Stocks closed higher on Wall Street, following good quarterly retail results. The Dow added 240 points, the S&P gained 23, the NASDAQ up 71. You’re listening to ABC News.

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From the Fox Business Network; on Wall Street stocks climbing as strong earnings reports from retailers eased some of the fears among investors about slowing economic growth, with the Dow rising 240 points, the Nasdaq up 72, the S&P 500 24. // And shares of Target soaring 20%, setting a new high after it raised its earnings guidance for the year and reported that sales and profits rose in the second quarter. Lowe’s also reporting higher profits that beat analysts’ estimate, pushing its share up 10% today. // And in the extended trading session, shares of Nordstrom higher after the retailer delivered mixed earnings reports with revenue less than expected but hardly beating Wall Street profit estimates. // And a Bowl boom from Dunkin. Forget about all things. Pumpkin is a part of its fall menu. Dunkin is introducing two Burrito Bowls to its lineup, the Fire Roasted Veggie Bowl, a better for your option and a heartier option the Chorizo Bowl. With the Fox Business Report, I’m Hilarie Barsky.

AFN News August 15, 2019

AFN NEWS

Thursday, August 15, 2019　

1) From ABC News, I’m Daria Albinger. We have braking news out of Philadelphia, where five police officers were shot. Sources tell ABC News the suspect is barricaded inside the home. That audio, courtesy of Broadcastify, sources say the officers suffered non-life-threatening injuries during a shootout with a suspect. “Shots still ringing out. Give me SWAT ASAP, long gun ASAP.” About a dozen officers were seen taking cover behind cars. Other officials surrounded a home with guns drawn. The ATF confirming to ABC News that the agency is assisting police.

2) Stock market meltdown. Fears over a possible recession prompted the worst day on Wall Street so far this year. The Dow Jones Industrial Average was in a near freefall and finished down 800 points, losing 3% of its value as investors worry about the President’s trade war with China and a warning sign from the bond market. It’s called the inverted yield curve that involves interest rates on Treasury notes. JJ Kinahan from TD Ameritrade explain, “The two-year is paying higher yield than the ten-year, which is, you know, normally the longer you pay interest on money, the higher you have to pay but this is switched around.” Last time it happened, it signaled a recession was coming. Scott Goldberg, ABC News.”

3) A friend of the Dayton mass shooter appears in court. “Attorney Nick Gounaris is representing Ethan Kollie who’s accused of helping the gunman get an accessory for the rifle used in the Dayton mass shooting as well as body armor. Kollie remains behind bars, but Gounaris is hoping he’ll be released from custody by the judge as soon as tomorrow. ‘You know he has played no part in what the shooter did, which is senseless.’ But U.S. attorney Ben Glassman says prosecutors prefer Kollie remain in custody. Ryan Burrow, ABC News.”

4) Republican congressman Steve King of Iowa defending his call for a ban on all abortions, he asked whether there would be any population in the world left if it weren’t for births due to rape or incest. You’re listening to ABC News.

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From the Fox Business Network; stocks hammered on Wall Street. The Dow driving 800 points, posting the 4th largest point drop on record and the worst of the year. Investors reacted a new recession fear, the NASDAQ and S&P 500 also ending the day in the red. // Now, it wasn’t much better on Wednesday for Macy’s. The department store giant reported the 2nd quarter earnings report fell below expectations. That pushed the stock lower. // Are you looking for a job that pays the bill and offers a chance to be promoted? Well, you might wanna consider becoming a tax manager. That’s because a new Glassdoor study ranked it as the top job for advanced opportunity and wages. // And summer may just be winding down now, but a lot of Americans already skipped out on a popular summer pastime. According to new survey from Bankrate, nearly 70% of Americans say they skipped at least one popular activity including attending a concert or taking a vacation because they cost too much. With the Fox Business Report, I’m Connell McShane.

AFN News August 8, 2019

AFN NEWS

Thursday, August 8, 2019　

1) From ABC News, I’m Daria Albinger. President Trump hit the road to console the soul in chief, visiting Dayton, Ohio and El Paso, Texas as they recover from two separate weekend mass shootings. The visit happened without controversy. “Of course, we are angry now. Of course, we are angry. Yes, I do, yah. Looking at the man talk to us, everybody frowns because of racism.” President Trump was met by some protesters in El Paso, earlier in Dayton. Protesters and supporters of the President came face to face. The President says the people he met in Dayton were the finest anywhere but he also takes the issue with some comments made by Democrats there. “Here’s what U.S. Senator Sherrod Brown, a Democrat, had to say about the President’s visit with victims of the Dayton shooting in the hospital staff. ‘__ __ __ __.’ ‘What did he say?’ ‘So he was comforting and he did the right things. Melania did the right things, and it’s his job in part to comfort people. I am glad he did it in that hospital, those hospital rooms.’ But the President tweeting while he was in El Paso that failed presidential candidate Sherrod Brown and Mayor Whaley totally misrepresenting what took place inside the hospital, saying their news conference was a fraud. Ryan Burrow, ABC News, Dayton.” Despite the political back and forth, the protester in El Paso reminds Americans that it’s about the human loss, not the politics. “There were two shootings, one was a far rightist. Another one in Dayton, Ohio, he’s a far leftist. I’m not gonna blame the politicians on all done for it.” A recent Pew Research poll finds 85% of U.S. adults believe the tone and nature of the political debate has become negative.

2) Puerto Rico Justice Secretary Wanda Vázquez has been sworn in as governor after the island’s high court ruled that Pedro Pierluisi‘s swearing-in last week was unconstitutional.

3) Stocks made up for big drop early in the day on Wall Street, one point, the Dow was down almost 600 points but it ended the day down just 22, S&P gained 2, the NASDAQ ended up 29 points. You’re listening to ABC News.

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From the Fox Business Network; with flash on Wall Street, the Dow finishing down Wednesday but only fractionally after dropping nearly 600 points early on, the S&P 500 and the NASDAQ both managing to finish higher. Trade tensions and worries about interest rates are making investors jittery. // Disney says it will offer a bundle of its three streaming services. It will include three Disney+, Hulu, and ESPN+. The new service will start in November and cost $13 a month. // FedEx is putting the brakes on its relationship with Amazon. The delivery giant says it will end its ground-shipping deal with Amazon when their contract expires at the end of the month. The move comes as Amazon bounced up its own logistics and delivery service. // Subway says it will test the Beyond Meatball Marinara sub in nearly 700 locations here in the U.S. and Canada. The new meatless Subway sandwich will go on sale next month. With the Fox Business Report, I’m Ashely Webster.