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  • BREAKING NEWS

BREAKING NEWS

Rifle recovered in the search for Charlie Kirk’s killer as FBI releases photos of person of interest

WILLIAM WALKER


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White House's review of Smithsonian content could reach into classrooms nationwide

Read full article: White House's review of Smithsonian content could reach into classrooms nationwide

Some history teachers are concerned about what may come of a White House review of the Smithsonian's public-facing content.

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Shoplifting ring stole $2M in cosmetics and clothes then resold them abroad, prosecutors say

Read full article: Shoplifting ring stole $2M in cosmetics and clothes then resold them abroad, prosecutors say

Law enforcement officials say they have broken up a shoplifting ring that stole nearly $2 million in merchandise from well-known stores and resold the items in New York City as well as in the Dominican Republic.

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Pelosi taps DC National Guard head to lead House security

Read full article: Pelosi taps DC National Guard head to lead House security

National Guard troops were delayed in getting to the building as the rioters beat up police officers and smashed through windows and doors to get in. On Thursday, seven House committees asked 10 federal agencies for documents and communications from the government as part of a wide-ranging investigation. The Senate Homeland and Governmental Affairs Committee and the Senate Rules Committee have already held two hearings with security officials about what went wrong. The security officials described violent attacks on overwhelmed police officers and desperate pleas for backup. As the committees investigate, Capitol officials are improving the building's physical security, including reinforcing the House doors that the rioters attempted to breach.

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Capitol Police chief appeals for National Guard to stay

Read full article: Capitol Police chief appeals for National Guard to stay

Scott Applewhite)WASHINGTON – Worried about continuing threats, the acting chief of the U.S. Capitol Police appealed to congressional leaders Thursday to use their influence to keep National Guard troops at the Capitol, two months after the law enforcement breakdowns of the deadly Jan. 6 insurrection. Pittman said she needed the leaders' assistance with the three-member Capitol Police Board, which reports to them. Paul Irving, who served on the Capitol Police Board as House sergeant-at-arms, denied that Sund asked him to call the Guard. He ultimately called the commanding general of the D.C. National Guard just before 2 p.m., who in turn testified that the request for help was delayed by the Defense Department. “We have the razor wire, we have the National Guard.

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The Latest: House to wrap early amid threat of violence

Read full article: The Latest: House to wrap early amid threat of violence

Scott Applewhite)WASHINGTON – The Latest on congressional testimony about the Capitol insurrection (all times local):5 p.m. House Majority Leader Steny Hoyer notified lawmakers late Wednesday of the sudden schedule change. Gibson comes to the Senate from a 33-year military career, including as a senior intelligence officer in the Office of the Director of National Intelligence, supporting troops in the Middle East, Schumer said. The head of the National Guard for Washington, D.C., says Pentagon concerns about “optics” delayed the sending of troops to protect the Capitol during the Jan. 6 attack. Walker says D.C. officials pleaded with the Army officials to quickly send the National Guard to help police guard the Capitol.

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General: Pentagon hesitated on sending Guard to Capitol riot

Read full article: General: Pentagon hesitated on sending Guard to Capitol riot

Guard troops who had been waiting on buses were then rushed to the Capitol, arriving in 18 minutes, Walker said. Much of the focus at Wednesday's hearing was on communications between the National Guard and the Defense Department. Contee said Sund pleaded with Army officials to deploy National Guard troops as the rioting escalated. AdAccording to the Defense Department, Walker was called at 3 p.m. by Army officials, and was told to prepare Guard troops to deploy. Thousands of National Guard troops are still patrolling the fenced-in Capitol, and multiple committees across Congress are investigating Jan. 6.

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Ford posts strong earnings but cuts outlook

Read full article: Ford posts strong earnings but cuts outlook

William Walker via CNN(CNN) - Ford, which is likely the next US automaker to face negotiations with the United Auto Workers union, reported strong earnings Wednesday. Shares of Ford fell more than 2% in after-hours trading on the lowered guidance. But for the just completed third quarter, the company reported adjusted earnings of $1.4 billion, up $182 million from a year earlier. The strong earnings came despite a modest 2% decline in sales revenue in the quarter. Ford is expected to be the focus of negotiations with the union once the strike at GM ends.

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Ford recalls some vehicles due to sharp seat frame edge

Read full article: Ford recalls some vehicles due to sharp seat frame edge

William Walker via CNNFord is recalling more than 300,000 of its 2017 Ford Explorer vehicles because of a sharp seat frame edge. Ford Motor Co. said users could come in contact with the sharp edges when reaching between the power front seat and center console. It is recalling 311,907 vehicles in the United States and federal territories, 23,380 in Canada and 3,045 in Mexico. Dealers will install flocked tape to the exposed edge and tab on the inboard side of the power seat frames. Users are advised to use caution and avoid contact with the seat frame edge until the repair is completed.

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Ford debt downgraded to junk

Read full article: Ford debt downgraded to junk

William Walker via CNN(CNN) - Moody's downgraded Ford's credit to junk Monday evening. It said the automaker faces considerable business challenges, and its poor financial performance badly positions Ford to take on its planned $11 billion restructuring. News of the downgrade sent shares of Ford down 3% in premarket trading Tuesday. During the Great Recession, Ford and other US automakers suffered massive losses and junk bond credit ratings, which can raise the cost of borrowing. Ford in 2012 was upgraded to investment grade, which is what a credit rating is called when it is not considered a junk bond.

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Confused investors keep buying FORD, thinking it's Ford

Read full article: Confused investors keep buying FORD, thinking it's Ford

That's because Forward Industries, which is worth just $10 million, trades under the ticker symbol "FORD." The iconic Ford Motor has the ticker symbol of "F."This, and other examples of ticker symbol confusion, may cost investors more than $1 million a year in transaction costs, according to two professors who have studied what happens when investors buy the wrong stocks. "That's how long it takes for the stock price to return to normal, probably once investors realize they made a mistake." The 'smart' money often gets confused tooIt's not just small-time mom and pop individual investors who get mixed up. Ticker confusion also can upend sophisticated institutional investors, Nikorov and Balashov found.

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Ford, Volkswagen team up on self-driving, electric cars

Read full article: Ford, Volkswagen team up on self-driving, electric cars

William Walker via CNNVolkswagen and Ford announced plans Friday to work closely to develop electric- and self-driving vehicles, the latest automakers to partner in the face of massive changes rocking the auto industry. With this latest investment, Volkswagen has agreed to join Ford in investing in Argo AI, the autonomous vehicle platform company now valued at $7 billion. Ford said it will become the first additional automaker to use Volkswagen's electric vehicle architecture to build electric vehicles for the European market starting in 2023. But they said at the time they were investigating how to develop the next generation of vehicles, such as electric and self-driving cars. The companies, two of the world's major automakers, are racing to develop electric- and self-driving cars on their own while at the same time penning deals with rivals to help defray the cost of high-tech R&D.

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Ford cutting 12,000 jobs as part of its European overhaul

Read full article: Ford cutting 12,000 jobs as part of its European overhaul

William Walker via CNN(CNN) - Ford is cutting 12,000 jobs and closing six plants as part of a major overhaul of its struggling business in Europe. The carmaker is selling a manufacturing facility in Slovakia and closing factories in Britain, France and Russia, reducing the number of European plants from 24 this year to 18 by the end of 2020. Stewart Rowley, president of Ford Europe, said Thursday that the changes would result in a "more targeted business." Ford announced a year ago that it would spend $11 billion over the next three to five years to reshape its operations around the world. The British auto industry has been hit hard by concerns that the United Kingdom could leave the European Union later this year without a trade deal.

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