Saturday, 27 Apr 2024

US STOCKS SNAPSHOT-Wall Street ends higher on back of buoyant Apple, Microsoft

China to mark 70 years of Communist Party rule

Parades on Tuesday are expected to reflect the country’s growing wealth and military strength.

    Beijing is preparing to mark 70 years since the Communist Party seized power.

    Parades on Tuesday are expected to reflect the country’s growing wealth and military strength.

    But experts are warning increasing government control over the economy could be China’s biggest threat.

    Al Jazeera’s Rob Matheson reports from Beijing.

    GOP Lawmaker Chris Collins to Resign, Plead Guilty to Insider Trading

    Representative Chris Collins, a Republican from New York, is resigning from Congress as he prepares to plead guilty in an insider-trading case.

    Speaker Nancy Pelosi’s spokesman Drew Hammill said her office received a letter of resignation from Collins and that it will take effect on Tuesday.

    The congressman was charged last year with passing non-public information about Innate Immunotherapeutics Ltd., an Australian biotechnology company, to his son. Collins is scheduled to change his plea to guilty in federal court in Manhattan on Tuesday, according to court documents.

    Collins was the first member of Congress to endorse President Donald Trump in the 2016 election. Last week, he criticized House Democrats’ impeachment inquiry against the president as a “witch hunt.”

    None, just copy

    • Courts

    Rudy Giuliani subpoenaed by House in Trump impeachment inquiry

    Key Trump ally Rudy Giuliani was subpoenaed by House Democrats in their impeachment inquiry into the president’s actions to encourage Ukraine to investigate 2020 democratic rival Joe Biden. The former New York governor has pressed Ukraine for months to probe Biden’s role in getting a Ukrainian prosecutor fired when he was vice president. Biden’s son was being paid $50,00 a month to serve on the board of Ukrainian energy company at the same time the firm was being investigated. The actions by Trump spurred Democrats to launch an impeach inquiry last week after they came to light through a whistleblower complaint. Three Democratic committees in the House sent the subpoena to Giuliani seeking documents related to his efforts to pressure Ukraine.

    Thornberry joins long list of House Republicans retiring from Congress

    WASHINGTON (AP) — A Texas congressman is the latest House Republican to announce he won’t run for reelection.

    Rep. Mac Thornberry, a former chairman of the Armed Services Committee, said he would not seek reelection in 2020.

    Thornberry has been a member of Congress since 1994. His district in the Texas Panhandle has been safely Republican and isn’t considered competitive.

    He is the 19th House Republican leaving Congress. That includes two members who have resigned and are already gone.

    There are 23 House Republicans from Texas, and six have said they’re not coming back. At least three of the retiring Texas Republicans are vacating seats that Democrats could win, largely in suburban districts where an aversion to President Donald Trump among educated women is weakening the GOP.

    Trump pushed Australian leader to help Barr probe Mueller inquiry: report

    President Donald Trump pressed the Australian prime minister to help Attorney General William Barr gather information for an inquiry that Trump hopes will discredit the Mueller investigation, the New York Times reported Monday, citing two American officials. The Times said the White House restricted access to the transcript of a call between Trump and Prime Minister Scott Morrison to a small group of Trump’s aides. The handling of the call was similar to that of a July conversation with the Ukrainian president that is at the heart of House Democrats’ impeachment inquiry into Trump, as the Times notes.

    UK PM Johnson denies journalist's groping allegation

    The alleged harassment of the woman by Boris Johnson 20 years ago overshadows annual Conservative Party conference.

      British Prime Minister Boris Johnson has denied a journalist’s accusations that he groped her 20 years ago.

      The case has been overshadowing the second day of the annual Conservative Party conference in Manchester.

      Al Jazeera’s Rory Challands reports from Manchester.

      Roadrunner Transportation to cut 10% of workforce

      Roadrunner Transportation Systems Inc. RRTS, +2.98% said late Monday it plans to cut about 10% of its workforce in a downsizing of its van business. "The downsizing includes reducing dry van company tractor and trailer fleets by over 50%, closing five terminal locations and eliminating approximately 450 positions," Roadrunner said in a statement. The reductions will take place over the next 60 to 90 days and cost $12 million to $16 million, the company said. Roadrunner shares were flat after hours, following a 3% gain to close the regular session at $10.36.

      US STOCKS SNAPSHOT-Wall Street ends higher on back of buoyant Apple, Microsoft

      Sept 30 (Reuters) – U.S. stocks rose on Monday, helped by gains in Apple, Microsoft and Merck & Co as investors set aside worries about the U.S.-China trade war.

      The Dow Jones Industrial Average rose 95.9 points, or 0.36%, to 26,916.15, the S&P 500 gained 14.89 points, or 0.50%, to 2,976.68 and the Nasdaq Composite added 59.71 points, or 0.75%, to 7,999.34. (Reporting by Noel Randewich; Editing by Cynthia Osterman)

      Related Posts