US border wall: Construction on sacred land

How Donald Trump’s border wall with Mexico could be putting centuries-old Native American sites at risk.

Construction on United States President Donald Trump’s border wall with Mexico is moving ahead.

In Arizona, parts of the barrier will cut through sites considered sacred to some Native American tribes.

But tribal elders say they will not let that happen without a fight.

Al Jazeera’s Rob Reynolds reports from Quitobaquito Springs, Arizona,

Euro Tech Holdings Post Loss In H1 – Quick Facts

Euro Tech Holdings Co. Ltd. (CLWT) on Monday reported in its unaudited financial results for the six months ended June 30, 2019 a net loss of about $280,000 for the first-half of 2019, compared to net profit of about $878,000 in the prior-year period, which included a non-recurrent net gain on disposal of an affiliate of approximately $1.52 million.

The Company’s revenues for the first half were about $8.82 million, a 7.4 percent decline from about $9.52 million in the same period last year.

Looking ahead, the company said the economic slowdown in MainlandChina and Hong Kong resulting from the China-US trade war and the ongoing social unrest in Hong Kong will adversely affect the overall operating performance of the Company in the second half year of 2019 and the near future.

Flash floods delay flights at international Florida airport

Attorney General Leslie Rutledge on the historic flood damage in Arkansas

Arkansas Attorney General Leslie Rutledge on the devastating floods in Arkansas.

FORT LAUDERDALE, Fla. (AP) — Flash flooding and heavy rains have delayed dozens of flights and disrupted some services at the Fort Lauderdale-Hollywood International Airport in Florida.

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UNITED FLIGHT FROM NEWARK HAS ROUGH LANDING IN DENVER

The airport tweeted early Monday that it was closed due to flash flooding and severe rains. It tweeted an update at about 6:30 a.m. that said flight operations were resuming.

It had issued an advisory late Sunday that said more than 150 of its flights were experiencing weather delays and 11 flights had been canceled. Areas around the airport were hit with about 6 inches (15 centimeters) of rain between midnight and early Monday morning, according to WPTV-TV.

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Fed accepts $20.55 bln at overnight repo operation

Dec 23 (Reuters) – The New York Federal Reserve on Monday accepted all $20.55 billion in bids from primary dealers at an overnight repurchase agreement (repo) operation. For more details, see: here (Reporting By Karen Brettell; Editing by Toby Chopra)

Boeing chief resigns days after announcing 737 MAX production to be grounded

Boeing’s chief executive has resigned six days after announcing the production of 737 MAX aircrafts will be stopped following two fatal crashes.

Boeing CEO departs as 737 MAX crisis deepens

WASHINGTON (REUTERS) – Boeing Co Chief Executive Officer Dennis Muilenburg has resigned, the company said on Monday (Dec 23), following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.

Chairman David Calhoun will serve as CEO and president, effective Jan 13, the company said.

“The Board of Directors decided that a change in leadership was necessary to restore confidence in the company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders,” the company said.

Did Stryker (SYK) Catch Your Eye?

Shares of Stryker Corp. (SYK), a medical technology company, are up in pre-market trading today.

The Company’s net sales and earnings have increased over the years, and the momentum is expected to continue.

On December 4, the Company declared a quarterly dividend of $0.575 per share payable on January 31, 2020, to shareholders of record at the close of business on December 31, 2019, representing an increase of approximately 11% versus the prior year and the previous quarter.

Last month, Stryker agreed to acquire Wright Medical Group N.V. (WMGI), a global medical device company focused on extremities and biologics, for $30.75 per share, or a total equity value of approximately $4.0 billion and a total enterprise value of approximately $5.4 billion (including convertible notes). The Wright Medical acquisition, which is the fourth for Stryker this year, is expected to close in the second half of 2020.

SYK has traded in a range of $144.75 to $223.45 in the last 1 year. In pre-market trading, Monday, the stock is up 0.76% to $204.47.

Fed accepts $28.80 bln at 15-day repo operation

Dec 23 (Reuters) – The New York Federal Reserve on Monday accepted all $28.80 billion in bids from primary dealers at a 15-day repurchase agreement (repo) operation. For more details, see: here (Reporting by Karen Brettell, editing by Louise Heavens)

Louisiana rice mill plans $20M, 50% expansion

This toy factory produces American-made, educational toy trucks

Luke’s Toy Factory toy designer Luke Barber discusses the benefits of producing in the U.S. and Luke’s Toy Factory’s educational products.

CROWLEY, La. (AP) — Louisiana’s largest rice mill plans a $20 million, 50% expansion, bringing its facility to 75,000 square feet.

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SECOND CREDIT SUISSE SPYING PROBE EXPECTED TO CLEAR CEO

Gov. John Bel Edwards and Supreme Rice President and CEO Bobby Hanks announced the plans recently. They say Supreme will keep its 150 workers in Louisiana, including 105 in Crowley.

“Louisiana’s natural resources and geographic position have blessed us with an agricultural bounty that is the envy of the world,” Edwards said in a news release. “This landmark Crowley company will celebrate 85 years in business in 2021, and they are celebrating this milestone with a reinvestment in the community.”

Hanks said Supreme, which processes more than 1 billion pounds of rice a year, will install the latest technology in milling machines and milled rice storage and also make related railroad improvements.

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The Louisiana Economic Development is providing $800,000 in incentives — $500,000 for infrastructure improvements and a $300,000 modernization tax credit. Supreme also is expected to use the state industrial tax exemption, which offers an 80 percent property tax cut for up to 10 years.in