Sunday, 19 May 2024

Read the full text of former Ambassador to Ukraine Marie Yovanovitch’s opening statement

Bloomberg skips 2020 Dems, launches $100M online attack on Trump

Economic facts may not drive 2020 elections: Commentator

Wall Street Journal’s chief economic commentator Greg Ip discusses the polarization of the political environment and how President Trump’s economic success may swing voters in the 2020 election.

NEW YORK (AP) — New York billionaire Michael Bloomberg, who is deciding whether to launch a Democratic presidential bid, is pouring $100 million into an online advertising campaign attacking President Donald Trump.

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The campaign, which targets voters in four general election battleground states — Arizona, Michigan, Pennsylvania and Wisconsin — begins running on Friday, according to Bloomberg spokesman Jason Schechter.

MICHAEL BLOOMBERG'S PAST COMMENTS ON WOMEN COULD LOOM OVER 2020 RUN

News of the massive investment was first reported by The New York Times. The former New York City mayor has already filed paperwork in at least two states to appear on presidential primary ballots.

Bloomberg himself is not featured in the ad campaign.

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One example of a new ad: An image of Trump’s Twitter account that says, “A TWEET SHOULDN’T THREATEN OUR COUNTRY’S SECURITY.”

United delays return of Boeing 737 Max

United Airlines extends Boeing Max 737 flight cancellations until September: Report

FOX Business’ Susan Li reports that United Airlines decided to remove the Boeing 737 Max from its flying schedule.

CHICAGO (AP) — United Airlines is removing the grounded Boeing 737 Max from its schedule until March 4, two months longer than previously planned.

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The change follows similar moves by American and Southwest, and reflects further delays in Boeing’s work to fix the plane after two deadly crashes.

SOUTHWEST AIRLINES DELAYS BOEING 737 MAX RETURN

United said Friday that without the planes, it will cancel 56 flights a day in January, February and early March, down from 93 a day this month.

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United has 14 Max jets. All Max planes have been grounded since March, after crashes in Indonesia and Ethiopia killed 346 people.

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Boeing is fixing flight-control software and computers that played a role in the crashes. Boeing expects regulators to approve changes in pilot-training in January, clearing the way for U.S. airlines to resume Max flights with passengers.

Roger Stone Found Guilty On Charges Related To Robert Mueller’s Russia Investigation

Roger Stone, the conservative provocateur and one-time associate of Donald Trump, was found guilty on charges of lying to Congress, obstruction of justice and witness tampering that were brought by prosecutors as Special Counsel Robert Mueller investigated Russian collusion.

A jury in U.S. District Court in Washington, D.C. found Stone guilty on five counts of lying to Congress, one count of witness tampering, and one of obstructing a congressional proceeding.

The charges were related to what Stone said about his contacts with WikiLeaks and the Trump campaign, as well as witness intimidation of radio personality Randy Credico. That included a claim that Stone used references from The Godfather II to pressure Credico to mislead the House Intelligence Committee during planned testimony.

Stone, a self-described dirty trickster known for his dapper fashion and sometimes outrageous stunts, also is an experienced operative who advised Trump on his political aspirations decades ago.

 

More to come.

Charting the approach of Dow 28,000, decisive November breakouts persist

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U.S. stocks are firmly higher early Friday, rising amid November price action that continues to shape up as technically consequential.

In the process, the S&P 500 and Dow industrials have concurrently broken out, knifing to uncharted territory (again) from mid-month flag patterns.

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Read the full text of former Ambassador to Ukraine Marie Yovanovitch’s opening statement

Former U.S. Ambassador to Ukraine Marie Yovanovitch testified before the House Intelligence Committee as part of House Democrats’ impeachment inquiry into President Donald Trump. 

In her opening statement, Yovanovitch said her dismissal as ambassador sent a message to “shady interests” and allowed people with corrupt intentions to take advantage of disarray in American policy in Ukraine. 

“If our chief representative is kneecapped, it limits our effectiveness to safeguard the vital national security interests of the United States,” Yovanovitch said. “This is especially important now, when the international landscape is more complicated and more competitive than it has been since the dissolution of the Soviet Union. Our Ukraine policy has been thrown into disarray, and shady interests the world over have learned how little it takes to remove an American Ambassador who does not give them what they want.”

Read the full text of Yovanovitch’s opening statement below: 

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