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Archive for July 12, 2016

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New York – ‘Big Money’ To Be Made If Stocks Fail To Stay Near Current Highs: Gundlach

July 12, 2016 at 11:59 PM
New York - Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday that there is "big money" to be made on the "short side" if equities fail to stay near current highs. Gundlach, who oversees more than $100 billion at Los Angeles-based DoubleLine Capital, said on a webcast that he has been selectively betting against shares in the Standard & Poor's 500 index and...

Washington – Holocaust Museum: Stop Catching Pokemon Here

July 12, 2016 at 11:36 PM
Washington - The U.S. Holocaust Memorial Museum in Washington is requesting that smartphone users refrain from "catching" Pokemon when they are inside the museum. Museum Communications Director Andrew Hollinger tells The Washington Post (http://wapo.st/29yIA6B ) that officials are trying to reach the developers of the popular new "Pokemon Go" game to get the museum removed as a prominent...

Dallas, TX – Injured Officers Meet With Obama During Dallas Visit

July 12, 2016 at 11:23 PM
Dallas, TX - Two community college police officers injured in a deadly shooting during a protest in downtown Dallas say that when they met with President Barack Obama, he expressed his appreciation for their efforts during the sniper attack. Detective Cpl. Bryan Shaw of the El Centro College police force told The Associated Press Tuesday that Obama was "thankful for everything that we...

Seattle – After 45-years, FBI No Longer Actively Investigating D.B. Cooper Skyjacking

July 12, 2016 at 11:01 PM
Seattle - The FBI said Tuesday it is no longer investigating the enduring mystery of the skyjacker known as D.B. Cooper, nearly 45 years after he vanished out the back of a Boeing 727 into a freezing Northwest rain wearing a business suit, a parachute and a pack with $200,000 in cash. Calling the investigation one of the longest and most exhaustive in the agency's history, the FBI Seattle...

Brooklyn, NY – Judge Tosses Lawsuit Over NYC’s Payphone-turned-Wi-Fi Plan

July 12, 2016 at 10:34 PM
Brooklyn, NY - A federal judge has dismissed a lawsuit challenging New York City's push to turn payphones into Wi-Fi hotspots. The Brooklyn judge ruled on Telebeam Telecommunications Corp.'s lawsuit over what's billed as the world's largest municipal Wi-Fi network. Some of the 7,500 planned hot spots began operating early this year. A consortium of companies called CityBridge LLC is paying...

Detroit – Small SUVs Do Poorly In Insurance Industry Headlight Tests

July 12, 2016 at 10:02 PM
Detroit - Small SUVs for 2016 and 2017 did poorly during new headlight tests done by the insurance industry. The Insurance Institute for Highway Safety said Tuesday that none of the 21 SUVs tested earned its highest ranking. The Ford Escape, Honda CR-V, Hyundai Tucson and Mazda CX-3 performed best, but more than half the SUVs tested received the lowest ranking, including the Subaru Forester...

Jerusalem – Schnitzel From A Petri Dish? Israeli Start-up To Grow Chicken Meat In Labs

July 12, 2016 at 09:23 PM
Jerusalem - It’s a bird! It’s a fake! It’s Supermeat! Israeli start-up Supermeat has ambitions to transform the way we eat meat, starting with Chicken, by growing chicken meat in a lab. “We intend to create cultured meat in a very special way that will make it very cost effective,” Supermeat co-CEO and co-founder Koby Barak told The Jerusalem Post on Tuesday. Though researchers...

New York – Why You Should Care About That New Dow Record

July 12, 2016 at 09:00 PM
New York - It's been a long time coming, and perhaps a cause for celebration. But when it comes to your finances, the new record high for the Dow Jones industrial average will probably have zero impact. Most retirement or brokerage accounts will be unaffected. The Dow index, a symbol of investor euphoria and despair for decades, climbed to a new high close on Tuesday — 18,347.67. It's...

Washington – GOP “Dump Trump” Rebels Mobilize Ahead Of The Convention

July 12, 2016 at 08:31 PM
Washington - From a spartan, 16th floor office they've rented just blocks from this week's preliminary meetings of the Republican National Convention, some of the GOP rebels trying to head off Donald Trump are laying the groundwork for a revolt. Dumping the party's presumptive presidential nominee is a longshot. They're up against an alliance between the Trump campaign and leaders of the...

St. Louis – Exceptions To Rule: Big Cities Where Homes Remain Affordable

July 12, 2016 at 08:01 PM
St. Louis - Until recently, Christina Brouk was living with her parents. Now, still in her early 20s, she's living the American dream of home ownership — the same dream that's grown elusive for many young adults since the housing bubble peaked 10 years ago. Homes in many areas of the United States have become so costly that few but high earners can afford them. Rising rents have made it hard...

Dallas, TX – New Black Panther Party Says To Carry Arms In Cleveland Republican Convention If Legal

July 12, 2016 at 07:34 PM
Dallas, TX - The chairman of the New Black Panther Party, a "black power" movement, said his group will carry arms for self-defense during protests at the Republican convention next week if allowed under Ohio law. "If it is an open state to carry, we will exercise our second amendment rights because there are other groups threatening to be there that are threatening to do harm to us," Hashim...

Baton Rouge, LA – Police: 3 Arrested In ‘Credible Threat’ To Harm Officers

July 12, 2016 at 07:24 PM
MIKE KUNZELMAN, Associated Press Baton Rouge, LA - Police arrested three suspects and were seeking a possible fourth suspect accused of stealing several handguns as part of what authorities Tuesday described as "substantial, credible threat" to harm police officers in the Baton Rouge area. The arrests come at a time of heightened tensions after the deadly police shootings of black men in...

New York – Sheldon Silver And Dean Skelos Seek Freedom During Appeals

July 12, 2016 at 07:16 PM
New York - Reacting to a Supreme Court ruling, two former top New York State legislators convicted of public corruption crimes are urging judges to let them remain free pending appeal. Former state Assembly Speaker Sheldon Silver and former Senate Majority Leader Dean Skelos (SKEH'-lohs) made the requests in Manhattan federal court on Monday. Silver, a Democrat, was sentenced to 12 years in...

Dallas – Many In Law Enforcement Feel Frayed Relationship With Obama

July 12, 2016 at 07:06 PM
Dallas - After each fatal shooting of a black man by an officer, President Barack Obama has swiftly spoken out against bad policing, giving voice to the generations of African-Americans who have found themselves at the wrong end of a baton, a snarling dog or a gun. As much as those words have comforted blacks, they have rankled many of the nation's men and women in blue. Some have described...

New York – Some Deals, Little Buzz Around Amazon’s Prime Day

July 12, 2016 at 06:28 PM
New York - Amazon's Fire TV stick and a curved Samsung TV were top sellers during Amazon's second annual "Prime Day" sales bonanza. The e-commerce powerhouse launched the event last July to promote its $99 annual Prime loyalty program, which offers free two-day shipping and other perks. Aside from a brief problem some customers had placing "Lightning Deals" into baskets Tuesday morning, no...

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