Authorities identify all but one of 36 Oakland fire victims
Tue, 06 Dec 2016 22:40:36 -0500
Authorities in Oakland, California, said on Tuesday they had identified all but one of the 36 victims whose bodies were pulled from the debris of a fire that ripped through a dance party at a warehouse at the weekend. "This has been a heavy labor operation plus a heavy mental operation," Oakland Fire Chief Teresa Deloach Reed said. The coroner's office has completed autopsies on half the 36 victims, said Alameda County Sheriff's Office spokesman J.D. Nelson.
Trump lays out non-interventionist U.S. military policy
Tue, 06 Dec 2016 21:16:42 -0500
By Steve Holland FAYETTEVILLE, N.C. (Reuters) - President-elect Donald Trump laid out a U.S. military policy on Tuesday that would avoid interventions in foreign conflicts and instead focus heavily on defeating the Islamic State militancy. In the latest stop on a "thank you" tour of states critical to his Nov. 8 election win, Trump introduced his choice for defense secretary, General James Mattis, to a large crowd in this city near the Fort Bragg military base, which has deployed soldiers to 90 countries around the world. "We will stop racing to topple foreign regimes that we know nothing about, that we shouldn't be involved with," Trump said.
White nationalist leader's speech sparks protests at Texas university
Tue, 06 Dec 2016 23:36:10 -0500
Texas A&M University students and activists protested against a speech on Tuesday by white nationalist Richard Spencer, who was filmed at a conference last month saying "Hail Trump", drawing Nazi-like salutes from some spectators. About 1,000 demonstrators waved flags, marched, sang songs and shouted through loudspeakers outside the Memorial Student Center on the campus, where Spencer was speaking, as state police in riot gear stood by, blocking them from entering. Spencer, president of the National Policy Institute, has said the opposition around his speech is a testament to the reach of the so-called alt-right movement, a loose grouping characterized by a rejection of mainstream politics that includes neo-Nazis, white supremacists and anti-Semites.
EU fines 3 banks $520 million over market rigging
Wed, 07 Dec 2016 05:02:47 -0500
BRUSSELS (AP) â European Union regulators have fined banks JPMorgan, HSBC and Credit Agricole a combined $520 million for colluding to manipulate the price of financial products linked to interest rates.
Hungary leaves anti-corruption group that criticized it
Wed, 07 Dec 2016 05:01:43 -0500
BUDAPEST, Hungary (AP) â The Hungarian government says it is pulling out of an international initiative to promote transparency and fight corruption because of the group's unfair criticism of the country.
Frantic rescue underway in Indonesia as quake kills scores
Wed, 07 Dec 2016 04:52:04 -0500
A strong undersea earthquake rocked Indonesia's Aceh province early on Wednesday, killing nearly 100 people and sparking a frantic rescue effort in the rubble of dozens of collapsed and damaged buildings.
Groups call blocking of inaugural protests unconstitutional
Wed, 07 Dec 2016 04:27:23 -0500
WASHINGTON (AP) â Protest organizers and their attorneys say the National Park Service is quashing dissent by blocking access to public space for those who want to demonstrate during President-elect Donald Trump's inauguration.
SoftBank shares jump after CEO says to invest $50 billion in U.S.
Wed, 07 Dec 2016 04:20:13 -0500
TOKYO (Reuters) - Shares of SoftBank Corp soared to their highest level in more than a year on Wednesday after Chief Executive Masayoshi Son said he would invest $50 billion in U.S. businesses. Son made the announcement after meeting U.S. President-elect Donald Trump in New York.[nL1N1E11W9] SoftBank rose as much as 5.1 percent to 7,311 yen, the highest since August 2015. (Reporting by Ayai Tomisawa; Editing by Chris Gallagher)
SoftBank's Son pledges $50 billion, Foxconn eyes U.S. expansion as Trump woos Asian firms
Wed, 07 Dec 2016 04:20:13 -0500
Two of Asia's biggest technology companies said they were looking to expand investment in the United States, as President-elect Donald Trump pushes to bring manufacturing and jobs back home. Billionaire businessman Masayoshi Son, also the head of Japan's SoftBank Group Corp , pledged a $50 billion investment in the United States, and Apple Inc supplier Foxconn said it was in preliminary discussions to expand its U.S. operations.
China fines Medtronic $17 million on anti-monopoly charges
Wed, 07 Dec 2016 04:10:45 -0500
BEIJING (AP) â Medical device maker Medtronic has been fined $17 million by Chinese anti-monopoly regulators in the latest effort by Beijing to force down what it sees as unreasonably high prices.