Police probe into sexual assault at Latitude Festival

A woman was the victim of a serious sexual assault at Latitude festival, police have said.

Suffolk Constabulary said officers were investigating the report of the attack at the festival on Saturday between 10pm and 11pm.

Specially trained officers are looking after the woman and the investigation is continuing, police added.

This year’s festival was headlined by Lana Del Rey, Stereophonics and George Ezra.

YouTuber caught speeding in new Lamborghini pays ticket, makes donation to police

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The YouTuber behind the popular channel “Hoovie’s Garage” was caught speeding in a brand new Lamborghini on Friday and reportedly donated a matching amount of the ticket to an officer’s fund.

Tyler Hoover told the officer from the Sedgwick County Sheriff’s Office that he had just purchased the car and did not have any insurance information or his license, The Wichita Eagle reported. He had just traded in a 2012 McLaren Mp4-12C for the Gallardo.

“I might be the first person in history to buy a Lamborghini because I wanted something slower so I didn’t get as many speeding tickets, but within 48 hours of owning this Lamborghini I got a ticket,” he said.

The paper reported that Hoover donated to the Honore Adversis Foundation. The report said “Hoovie’s Garage” has over 700,000 subscribers.

Ocasio-Cortez ‘needs a round,’ Louisiana officer posts on Facebook

That’s what Charlie Rispoli, a 14-year veteran of the Gretna Police Department in Louisiana, posted on FacebookFB, -1.21%last week in reference to Rep. Alexandria Ocasio-Cortez, according to the Times-Picayune.

Here’s the screenshot from the account, which has since been taken down:

The story he was commenting on, which claims Ocasio-Cortez says soldiers get paid too much, was satire and deemed “false” by Snopes. Of course, fake news travels fast, especially when it fits the desired narrative, as it did in this case.

Rispoli’s post followed closely on the heels of President Trump telling Ocasio-Cortez, along with her fellow congresswomen of color, to “go back” from where they came. Trump’s words led the Democratic-led House to officially vote to condemn the “racist comments.” Four Republicans voted for the resolution.

Police Chief Arthur Lawson told the Times-Picayune that Rispoli could face consequences, though any disciplinary action won’t be made public.

Ocasio-Cortez has been the target of threatening and lewd comments from law enforcement officials before, including earlier this month when ProPublica found a secret Facebook page for Border Patrol agents to make crude jokes about her.

Goldman Says Stocks Likely Won’t Go Up Much Higher

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The S&P 500 Index is now trading near its fair value, with limited further upside after its 19% climb so far this year, according to Goldman Sachs Group Inc.

“The path forward for index ROE is likely to be challenging, although lower interest rates and lower tax rates may provide support,” Goldman strategists including David Kostin wrote in a note to clients, referring to return on equity. Negative revisions to 2020 earnings-per-share forecasts and “policy uncertainty” will limit upside potential, they wrote.

Benchmark American equity gauges reached record highs this month as investors bet that Federal Reserve interest-rate cuts will ensure that the economy avoids a major downturn. Traders are fully pricing a quarter-point cut at the July 30-31 Federal Open Market Committee meeting.

“The S&P 500 index trades near fair value relative to interest rates,” the Goldman strategists wrote. It’s also appropriate relative to profitability and historical price-to-book valuations, they added.

Volvo Cars Recalls 507,000 Vehicles as Probe Finds Fire Risk

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Swedish auto-maker Volvo Cars is recalling 507,000 vehicles worldwide because of a faulty engine component that, in extreme cases, could result in a fire.

The company, which is owned by China’s Zhejiang Geely Holding Group Co., said its own “investigations have identified that in very rare cases the plastic engine intake manifold may melt and deform.”

“In the very worst case, there is a possibility that a localized engine bay fire may occur,” it said. When asked to provide details of the potential financial impact, Stefan Elfstrom, a spokesman for Volvo Cars, said, “We don’t comment on the cost.” The company is keen to fix the faulty vehicles as fast as possible and customers won’t incur any costs related to addressing the error, he said.

The cars being recalled were produced in 2014-2019 and have a 2-liter, 4-cylinder diesel engine, Volvo Cars said in an emailed statement. The affected models are the S60, S80, S90, V40, V60, V70, V90, XC60 and XC90. While the company has no reports of accidents or personal injuries, all customers will receive a letter asking them to contact their local retailer for corrective action.

Hong Kong government building in disarray after vandalism

The protesters got plenty of attention but have not achieved their goals, increasing possibility of more violence.

Reactions have been mixed to Monday’s takeover and vandalism of the Hong Kong Legislative Council by protesters.

The government is vowing to take action against those who broke into the building.

 Al Jazeera’s Wayne Hay reports from Hong Kong.