Sunday, 29 Sep 2024

JPMorgan poised for historic majority stake in China funds: report

E3 Expo Publishes Contact Info, Personal Addresses Of 2,000 Journalists, Content Creators

The Entertainment Software Association, which runs the massive E3 gaming expo, accidentally published a spreadsheet containing contact information on its E3 Expo website.

The Entertainment Software Association has removed the file, but the information is out there and has been posted to various forums. Some of the journalists, particularly freelancers, used personal information on their registrations. The fear is that could be exploited by revenge-minded individuals in the volatile gaming sector.

The document was first revealed in a YouTube video by journalist Sophia Narwitz on her personal channel Friday night.

“Before even considering making this story public, I contacted the ESA via phone within 30 minutes of having this information,” Narwitz said on her video. “Worried that might not be enough, I also shot off an email not too long after. On top of that, I reached out to a number of journalists to make them aware of this.”

“ESA was made aware of a website vulnerability that led to the contact list of registered journalists attending E3 being made public,” the organization said in a statement. “Once notified, we immediately took steps to protect that data and shut down the site, which is no longer available. We regret this occurrence and have put measures in place to ensure it will not occur again.”

 

Texas Walmart location of active shooting situation

More than a dozen people are believed to have been shot near Walmart in El Paso, Texas, on Saturday morning, Foxnews.com reported citing local media.

Police responded to reports of an active shooting at the Cielos Vista Mall area shortly before 11 a.m. local time and asked people to stay clear of the active scene.

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KTSM reported that at least 18 people were shot inside the Walmart; however, the extent of their injuries was not immediately known.

Please check back as this is a developing story.

Libya's Mitiga airport halts air traffic following shelling

CAIRO (Reuters) – Libya’s Mitiga airport halted air traffic on Saturday after a shelling, the airport authority said on its Facebook page.

Mitiga is the only working airport in the Libyan capital Tripoli, which has been under attack by the eastern-based Libyan National Army, commanded by Khalifa Haftar.

(This story corrects reason for closure to shelling, not air strike.)

El Paso Walmart shooting: Multiple people dead, police say

There's an active shooting in El Paso, Texas, according to police. (Photo: The (Fond du Lac, Wis.) Reporter)

Multiple people are dead after a shooting Saturday morning at an El Paso, Texas Walmart, according to police officials.

“We’re searching multiple scenes, but primarily the Walmart,” said Sgt. Enrique Carrillo of the El Paso Police Department, pointing to a nearby mall as another area of focus. “There is not an imminent threat. There is no active shooter currently.”

Police have one suspect in custody, a spokesperson said.

The police department tweeted to stay away from the Cielo Vista Mall area. The police also said people should avoid the area from Airway Boulevard to Hawkins Boulevard to north of Interstate 10, near the Walmart. 

Multiple videos on social media posted by shoppers have shown people fleeing the nearby mall.

The first alert from police came at 11:03 a.m. Mountain Time.

This is a developing story.

Contributing: Samuel Gaytan of the El Paso Times

Reach Joey Garrison on Twitter: @joeygarrison

Syria ceasefire pressures Turkey to create demilitarised zone

The Syrian opposition believes the government will eventually violate the ceasefire.

    A ceasefire that came into effect on Friday night has brought some respite for people living in southern Idlib and northern Hama in northwest Syria.

    The ceasefire was brokered by the backers of the opposition and the government, Turkey and Russia.

    But the truce is conditional and puts pressure on Turkey to create a demilitarised zone around Idlib province, free of weapons and fighters in line with the so-called Sochi Memorandum.

    Al Jazeera’s Zeina Khodr reports from Gaziantep on the Turkish-Syrian border.

    JPMorgan poised for historic majority stake in China funds: report

    JPMorgan 2Q earnings top estimates

    CFRA Director of Equity Research Ken Leon and FBN’s Lauren Simonetti on JPMorgan Chase’s second-quarter results and outlook.

    JPMorgan is about to become the first foreign company to hold a majority stake in a Chinese mutual fund business, according to a Reuters report.

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    The nation's biggest bank reportedly obtained a 2 percent stake in China International Fund Management at the Shanghai United Assets and Equity Exchange, Reuters reported.

    The exchange did not identify the buyer in a filing on Friday, but sources told Reuters that JPMorgan was the only bidder. JPMorgan already held a 49 percent stake in the venture, bringing its total control to 51 percent.

    The company did not immediately respond to a FOX Business request for comment.

    A rule change in 2017 allowed foreign asset managers to own up to 51 percent of their Chinese mutual fund ventures; however, none have raised their stakes yet.

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    The news comes in the midst of heightened trade tensions between the U.S. and China. This week, President Trump slapped a 10 percent tariff on $300 billion worth of Chinese goods, ending a months-long tariff ceasefire and ratcheting up pressure with Beijing, which vowed to retaliate.

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