Yahoo News – Elections 2012

U.S. judge says Qualcomm violated antitrust law; appeal planned, shares plunge>
(Yahoo News - Latest News & Headlines - May 22 2019 - 7:42 PM:)
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The decision issued late Tuesday night by U.S. District Judge Lucy Koh in San Jose, California, caused Qualcomm shares to plunge 12.5 percent on Wednesday. "Qualcomm's licensing practices have strangled competition" in parts of the chip market for years, harming rivals, smartphone makers, and consumers, Koh wrote in a 233-page decision. Qualcomm said it will immediately ask Koh to put her decision on hold, and also seek a quick appeal to the federal appeals court in California.

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U.S. judge approves PG&E $105 million wildfire assistance fund>
(Yahoo News - Latest News & Headlines - May 22 2019 - 6:23 PM:)
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PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility's equipment, the judge overseeing the investor-owned power producer's bankruptcy ruled on Wednesday. Creditors, which include wildfire victims, are fighting for funds as PG&E navigates bankruptcy stemming from the blazes and as the state plans for increasingly long and dangerous fire seasons its officials attribute to climate change. U.S. Bankruptcy Judge Dennis Montali at a hearing approved a motion by PG&E seeking permission to establish the fund for people who lost homes in the fires and were uninsured or have used up or will exhaust their insurance.

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After Huawei, U.S. could blacklist Chinese surveillance tech firm - media>
(Yahoo News - Latest News & Headlines - May 22 2019 - 3:45 PM:)
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The U.S. administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, media reports show, deepening worries that trade friction between the world's top two economies could be further inflamed. The restrictions would limit Hikvision's ability to buy U.S. technology and American companies may have to obtain government approval to supply components to the Chinese firm, the New York Times reported https://nyti.ms/2MfgBS3 on Tuesday. The United States stuck Huawei Technologies on a trade blacklist last week, effectively banning U.S. firms from doing business with the world's largest telecom network gear maker, in a major escalation in the trade war.

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Bigger cuts expected: 23,000 more Ford layoffs needed, analysts say>
(Yahoo News - Latest News & Headlines - May 22 2019 - 3:14 PM:)
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Ford CEO Jim Hackett plans for layoffs won't deliver savings the company has said it wants. An analyst says another 23,000 layoffs are needed.

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British Steel collapses; thousands of jobs could go>
(Yahoo News - Latest News & Headlines - May 22 2019 - 1:56 PM:)
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British Steel collapsed on Wednesday after the government said last-ditch talks with its owners failed to secure a full financial rescue. The High Court in London ordered British Steel Limited into compulsory liquidation, a statement said. "British Steel Limited was wound-up in the High Court" on Wednesday, meaning its assets would be sold to help pay debts.

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Tornadoes, flooding continue in Midwest>
(Yahoo News - Latest News & Headlines - May 22 2019 - 1:05 PM:)
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A dangerous storm system in the Midwest produced dozens of tornadoes for the second consecutive day Tuesday.

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Fears rise China could weaponise rare earths in US tech war>
(Yahoo News - Latest News & Headlines - May 22 2019 - 10:53 AM:)
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The US has hit China where it hurts by going after its telecom champion Huawei, but Beijing's control of the global supply of rare earths used in smartphones and electric cars gives it a powerful weapon in their escalating tech war. A seemingly routine visit by President Xi Jinping to a Chinese rare earths company this week is being widely read as an obvious threat that Beijing is standing ready for action. Xi's inspection tour "is no accident, this didn't happen by chance," said Li Mingjiang, China programme coordinator at the S. Rajaratnam School of International Studies (RSIS) in Singapore.

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Tu-95 Bear: Meet the Old Russian Bomber U.S. F-22s Just Intercepted Near Alaska>
(Yahoo News - Latest News & Headlines - May 22 2019 - 10:31 AM:)
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It’s old, it’s obvious and it has mechanical problems — facts hard to ignore while the Tu-95 plays a key role in a highly orchestrated and much exaggerated effort by the Kremlin to impress its foreign rivals.(This first appeared several years ago and is being reposted due to reader interest.) At first glance, the Russian Tu-95 Bear strategic bomber looks like a 59-year-old flying anachronism, a Cold War leftover that has outlived its usefulness in a century when stealth is king.The Bear is showing signs of its age. In recent months, two Tu-95 crashes led to the grounding of the entire fleet of more than 50 aircraft to resolve mechanical issues. Besides, there is nothing stealthy about the Bear.Even when the bomber is in top-notch shape, the turboprop-powered Tu-95 is loud … really loud. In fact, it’s so noisy that listening devices on submerged U.S. submarines can hear a Bear flying overhead.Furthermore, it has the radar signature of a flying big-box store. The plane is huge.Photos of lumbering Bear-H bombers intercepted by sleek U.S. or NATO warplanes as they flew toward protected airspace are some of the most recognizable images of the East-West nuclear stand-off during the 1970s and ’80s.

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Will FAA's plan for 737 MAX fly outside US?>
(Yahoo News - Latest News & Headlines - May 22 2019 - 9:29 AM:)
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Getting Boeing's top-selling 737 MAX back in the skies faces a critical test this week as the company and US regulators each seek to restore their reputations after two deadly crashes. The US Federal Aviation Administration convened a summit of global aviation regulators on Thursday to walk through the steps taken to address concerns with the MAX following criticism the agency dragged its feet on the decision to ground the jets. Most agencies around the world have said little or nothing about the situation since the 737 MAX was grounded following the March 10 Ethiopian Airlines crash, which together with a Lion Air crash in October, claimed 346 lives.

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May’s Desperate Gamble on a New Brexit Referendum Falls Flat>
(Yahoo News - Latest News & Headlines - May 22 2019 - 7:19 AM:)
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Theresa May made a desperate final gamble to get her Brexit deal through the British Parliament before she’s thrown out of office -- but her efforts looked doomed. In a hastily arranged speech on Tuesday, the embattled prime minister promised to give members of Parliament a vote on whether to call another referendum to ratify Britain’s divorce from the European Union. It’s something many MPs -- including scores in the opposition Labour Party -- have been calling for, but she made it conditional on them backing her deal first.

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Chinese ambassador blames US for sinking trade deal>
(Yahoo News - Latest News & Headlines - May 22 2019 - 3:55 AM:)
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China's ambassador to the United States said in a Tuesday interview with Fox News that Washington repeatedly "changed its mind overnight" and sunk deals that could have ended the two countries' trade war. Ambassador Cui Tiankai also slammed as "politically motivated" the White House's move to ban the transfer or sale of US technology to Chinese telcom giant Huawei. Such actions will really undermine people's confidence in the normal function of the market," Tiankai told Fox.

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The Latest: Top officials say US doesn't want war with Iran>
(Yahoo News - Latest News & Headlines - May 22 2019 - 1:47 AM:)
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WASHINGTON (AP) — The Latest on the Trump administration's Iran policy (all times local):

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Alexandria Ocasio-Cortez says she'd be 'hard pressed' to back Biden in primary>
(Yahoo News - Latest News & Headlines - May 22 2019 - 12:35 AM:)
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Bernie Sanders appears to be the favorite to secure Ocasio-Cortez’s prized endorsement in the Democratic presidential primaryCongresswoman Alexandria Ocasio Cortez told the Guardian: ‘I’m not close to an endorsement announcement any time soon.’ Photograph: Joshua Roberts/ReutersAlexandria Ocasio-Cortez, the progressive US congresswoman and social media sensation, has said she would be “hard pressed” to endorse the frontrunner, Joe Biden, in the Democratic presidential primary.The statement is the latest sign of the left’s apathy towards the former vice-president, who has surged ahead of the Senator Bernie Sanders and other rivals in recent polls.Sanders, a self-declared democratic socialist, appears to be the favourite to secure 29-year-old Ocasio-Cortez’s prized endorsement but she said she was still some way off making a decision.“I’m not close to an endorsement announcement any time soon,” she told the Guardian on Tuesday. “I’m still trying to get a handle on my job. It seems like ages but I’m just five months in and we have quite some time. The debates are in the summer and our first primary election for the entire country isn’t until next year.” Asked if she would consider endorsing Biden, widely seen as a centrist, Ocasio-Cortez replied: “I’d be hard pressed to see that happen, to be honest, in a primary.”Biden, comfortably leading every opinion poll, came under fire last week when Reuters reported he was pursuing a “middle ground” approach to the climate crisis. He later distanced himself from the implication.Ocasio-Cortez criticised politicians seeking “a middle-of-the-road approach to save our lives”. Sanders, running second in most polls, tweeted that there was “no ‘middle ground’ when it comes to climate policy”.If and when Ocasio-Cortez does endorse a candidate, Sanders probably remains the favourite to secure her support. She was an organiser for his 2016 primary campaign against Hillary Clinton. The pair appeared at a rally in Washington last week to support the Green New Deal climate plan.In a short interview on Tuesday the congresswoman, who has more than 4 million Twitter followers, also reiterated her demand for Donald Trump’s impeachment. “I think that the grounds have been there for quite some time but the case is really getting to a larger point that we haven’t seen before,” she said.Democratic leaders are putting the House speaker, Nancy Pelosi, under pressure to move ahead with the process. Ocasio-Cortez added: “I know that the conversation is really changing this week in the caucus and so we’ll see where the speaker lands.”

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Abducted Idaho girl found safe in Arizona, suspect jailed>
(Yahoo News - Latest News & Headlines - May 21 2019 - 11:35 PM:)
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SURPRISE, Ariz. (AP) — A 17-year-old girl abducted from an Idaho fast-food restaurant where she worked was found safe in Arizona on Tuesday and the man accused of taking her was jailed on a $1 million bond, authorities said.

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U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm>
(Yahoo News - Latest News & Headlines - May 21 2019 - 10:49 PM:)
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The U.S. Commerce Department blocked Huawei Technologies Co Ltd from buying U.S. goods last week, a major escalation in the trade war between the world's two top economies, saying the firm was involved in activities contrary to national security. The two countries increased import tariffs on each other's goods over the past two weeks after U.S. President Donald Trump said China had reneged on earlier commitments made during months of negotiations. On Monday, the Commerce Department granted Huawei a license to buy U.S. goods until Aug. 19 to maintain existing telecoms networks and provide software updates to Huawei smartphones, a move intended to give telecom operators that rely on Huawei time to make other arrangements.

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Trump officials to Congress: Goal is deterring Iran, not war>
(Yahoo News - Latest News & Headlines - May 21 2019 - 10:42 PM:)
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WASHINGTON (AP) — Tamping down talk of war, top Trump administration officials told Congress on Tuesday that recent actions by the U.S. deterred attacks on American forces. But some lawmakers remained deeply skeptical of the White House approach in the Middle East.

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Ocasio-Cortez says it is time to open impeachment inquiry against Trump>
(Yahoo News - Latest News & Headlines - May 21 2019 - 10:07 PM:)
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House Speaker Nancy Pelosi has so far resisted calls for Democrats to launch impeachment proceedings, instead backing continued investigations of Trump and his administration by numerous congressional panels instead. "I think it’s time for us to, at the very least, open an impeachment inquiry ... we’ve been given no choice I think, in this scenario," Ocasio-Cortez said outside the House of Representatives. The report by Special Counsel Robert Mueller stopped short of declaring that the president obstructed justice, but it also did not exonerate him.

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Hospital that treated baby cut from womb investigated>
(Yahoo News - Latest News & Headlines - May 21 2019 - 10:02 PM:)
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CHICAGO (AP) — The agency that licenses and inspects health care facilities in Illinois has started an investigation of a suburban Chicago hospital where doctors treated a baby brought in by a woman claiming to be his mother, a spokeswoman for the agency said Tuesday. The woman was charged weeks later with killing the actual mother and cutting the child from her womb.

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Democrat impeachment talk gains as Trump blocks lawyer testimony>
(Yahoo News - Latest News & Headlines - May 21 2019 - 9:30 PM:)
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Democratic Party talk of impeachment intensified Tuesday after Donald Trump's former lawyer Don McGahn refused to testify about obstruction allegations against the US president. House Democratic leaders held off fresh pressure from rank-and-file legislators to launch an effort to remove the president, after the White House again stymied their probe into Trump's actions in the Russia meddling investigation.

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Latest migrant child death raises questions about U.S. detention practices>
(Yahoo News - Latest News & Headlines - May 21 2019 - 8:57 PM:)
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The fifth Guatemalan child to die after illegally crossing the border since December, Carlos Vasquez’s death at a Border Patrol station raises new questions about the length of time minors are being detained, as well as the conditions provided to them while in custody.

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