Yahoo MoviesPositive growth projections are ‘spooking’ investors as they await Fed response
Yahoo Finance’s Alexis Christoforous and Tony Rodriguez, Head of Fixed Income Strategy at Nuveen, discuss the latest market action.
Yahoo Finance’s Alexis Christoforous and Tony Rodriguez, Head of Fixed Income Strategy at Nuveen, discuss the latest market action.
ATLANTA — Giannis Antetokounmpo scored 15 points in his return to the Milwaukee lineup and got plenty of help from his teammates as the Bucks cooled off the surging Atlanta Hawks 120-109 Thursday night. Antetokounmpo had missed six games with an ailing left knee before getting cleared to return in Atlanta, where he starred in the NBA All-Star Game last month. He played 25 minutes in his return, hitting 7 of 12 shots to go along with five rebounds, three steals, two assists and a block. He didn't have to carry too much of a load as the Bucks put seven players in double figures, led by Jrue Holiday with 23 points. The Hawk got as close as 113-105 with just over 2 minutes remaining, but the Bucks sealed the victory with a sequence in which they claimed three straight offensive rebounds, the last of them leading to a put-back bunk by Brook Lopez. Pat Connaughton finished off the Hawks with a 3-pointer. Bogdan Bogdanovic led the Hawks with 28 points, hitting six 3-pointers. Trae Young returned after missing two games with a calf injury but had a terrible night, connecting on just 3 of 17 shots. The Hawks lost for only the sixth time in 22 games since Nate McMillan took over as interim coach. Antetokounmpo added another good memory from State Farm Arena. He was MVP of the All-Star Game, hitting all 16 of his shots for 35 points — the most baskets without a miss in the history of the midseason showcase. The Bucks stretched their lead for third place in the Eastern Conference to 6 1/2 games over the fourth-place Hawks. Milwaukee led by as many as 14 in the first half, settling for a 64-52 edge at the break. Getting hot from long range, Atlanta quickly erased the deficit in the third. Bogdanovic knocked down a 3-pointer to put the Hawks ahead 74-73 near the midway point of the period — Atlanta's first lead since the opening minutes. But, in a game of spurts, Milwaukee quickly regained the momentum and pushed the margin at the end of the third to exactly where it stood at halftime, 94-82. The Bucks wrapped up a stretch in which they played nine of 10 on the road. TIP-INS Bucks: Lopez had 19 points and 12 rebounds. ... Connaughton made four 3-pointers and finished with 14 points. Hawks: F Danilo Gallinari missed his third straight game with a foot injury. ... Atlanta also played again without John Collins, De'Andre Hunter and Cam Reddish, all out with longer-term injuries. UP NEXT Bucks: Return to Milwaukee on Saturday for just their second home game in the past three weeks. They will host the Memphis Grizzlies to start a four-game homestand.. Hawks: Host the Indiana Pacers on Sunday. ___ Follow Paul Newberry on Twitter at https://twitter.com/pnewberry1963 His work can be found at https://apnews.com/search/paulnewberry ___ More AP NBA: https://apnews.com/NBA and https://twitter.com/AP_Sports Paul Newberry, The Associated Press
BROOKLYN CENTER, Minn. — Daunte Wright's family members joined with community leaders Thursday in calling for more serious charges against the white former police officer who fatally shot him, comparing her case to the murder charge brought against a Black officer who killed a white woman in nearby Minneapolis. Former Brooklyn Center police Officer Kim Potter was charged with second-degree manslaughter in Sunday's shooting of Wright, a 20-year-old Black man, during a traffic stop. The former police chief in Brooklyn Center, a majority nonwhite suburb, said Potter mistakenly fired her handgun when she meant to use her Taser. Both the chief and Potter resigned Tuesday. Potter — who was released on $100,000 bond hours after her arrest Wednesday — appeared alongside her attorney, Earl Gray, at her initial appearance Thursday over Zoom, saying little. Gray kept his camera on himself for most of the hearing, swiveling it to show Potter only briefly. Her next court appearance was set for May 17. Wright's death has been followed by protests every night this week outside the city's police station, with some demonstrators hurling objects at officers who have responded at times with gas and rubber bullets before clearing the scene with a riot line. Hundreds of protesters gathered again Thursday night, shouting obscenities at police and shaking the security fence, hours after police in Chicago released graphic body camera video of an officer fatally shooting 13-year-old Adam Toledo in March. “It is happening in every single city, every single day across the country," Jaylani Hussein, executive director of the Minnesota chapter of the Council on American-Islamic Relations, told protesters earlier in the evening, before leading them in a chant of “Say his name! Adam Toledo!"" Protesters also tied air fresheners to the fencing at the police station, a nod to Wright’s mother saying that her son told her he had been pulled over for the air freshener dangling from his mirror. Police say Wright was stopped for expired registration. Brooklyn City officials also announced a 10 p.m.-6 a.m. curfew for the small, working-class city just outside Minneapolis — but made the announcement only 90 minutes before it was set to go into affect. Wright's family members, like the protesters, say there’s no excuse for the shooting. “Unfortunately, there’s never going to be justice for us,” Wright’s mother, Katie Wright, said at a news conference Thursday. “Justice isn’t even a word to me. I do want accountability.” Wright family attorney Ben Crump said “full accountability, to get equal justice” is all the family wants — “nothing more, nothing less." Crump and other advocates for Wright point to the 2017 case of Mohamed Noor. The Black former Minneapolis police officer fatally shot Justine Ruszczyk Damond, a white woman who was a dual citizen of the U.S. and Australia, in the alley behind her home after she called 911 to report what she thought was a woman being assaulted. Noor was convicted of third-degree murder in addition to second-degree manslaughter and sentenced to 12 1/2 years in prison. Potter’s charge carries a maximum 10-year prison sentence. Intent isn't a necessary component of either charge. A key difference is that third-degree murder requires someone to act with a “depraved mind,” a term that has been the subject of legal disputes, but includes an act eminently dangerous to others, performed without regard for human life. Noor testified that he fired to protect his partner's life after hearing a loud bang on the squad car and seeing a woman at his partner’s window raising her arm. Prosecutors criticized Noor for shooting without seeing a weapon or Damond’s hands. Many critics of the police believe the race of those involved in the Wright shooting played a role in which charges were brought. “If the officer was Black, perhaps even a minority man, and the victim was a young, white female affluent kid, the chief would have fired him immediately and the county prosecutor would have charged him with murder, without a doubt,” Hussein said earlier Thursday. Potter could have easily been charged with third-degree murder, which carries a 25-year maximum sentence, said Rachel Moran, a law professor at the University of St. Thomas in St. Paul, Minnesota. But she noted that Potter will likely argue using the gun was a mistake, while Noor never said he didn’t intend to use his weapon. “This is kind of the compromise charge, which isn’t to say it’s not serious. It is,” Moran said. “But they’re not reaching for the most serious charge they could theoretically file. They’re also not washing their hands and saying she has no criminal liability.” The prosecutor who brought the case, Washington County Attorney Pete Orput, did not return messages seeking comment. Wright’s death came as the broader Minneapolis area awaits the outcome of the trial of Derek Chauvin, one of four officers charged in George Floyd’s death last May. Crump pointed to that trial as having the potential to set a precedent for “police officers being held accountable and sent to prison for killing Black people.” Police say Wright was pulled over for expired tags, but they sought to arrest him after discovering he had an outstanding warrant. The warrant was for his failure to appear in court on charges that he fled from officers and possessed a gun without a permit during an encounter with Minneapolis police in June. Body camera video shows Wright struggling with police after they say they’re going to arrest him. Potter, a 26-year veteran, pulls her service pistol and is heard yelling “Taser!” three times before she fires and then says, “Holy (expletive), I shot him.” Experts say cases of officers mistakenly firing their gun instead of a Taser are rare, usually less than once a year nationwide. Wright's funeral will be April 22 at the New Salem Missionary Baptist Church in Minneapolis, his attorney said. ___ Bauer contributed from Madison, Wisconsin. Associated Press writers Doug Glass and Mohamed Ibrahim in Minneapolis; Tim Sullivan in Brooklyn Center; Suman Naishadham in Phoenix; and Stephen Groves in Sioux Falls, South Dakota, contributed to this report. ___ Find AP’s full coverage of the death of Daunte Wright at: https://apnews.com/hub/death-of-daunte-wright ___ The story has been corrected to show that Wright, not Potter, struggled with police. Scott Bauer And Mike Householder, The Associated Press
People can now move across local authority boundaries and meet outside in groups of up to six.
Covid booster shot warning ‘underlines urgent need for Australia to make mRNA vaccines’Pfizer boss flags likelihood that extra jabs will be required – raising prospect of increased global demand Covid booster shot could be needed after nine to 12 months, White House says Australia is wholly reliant on imports for its supplies of the Pfizer Covid vaccine. Photograph: Asanka Ratnayake/Getty Images
TOKYO — Asian shares were mixed Friday as jubilance over positive U.S. economic data and a Wall Street record high were tempered by caution in the region, where the coronavirus vaccine rollout has lagged. Japan's benchmark Nikkei 225 gained 0.1% to 29,674.31 in morning trading. Australia's S&P/ASX 200 fell nearly 0.1% to 7,052.30. South Korea's Kospi was little changed, inching up less than 0.1% to 3,194.49. Hong Kong's Hang Seng inched down less than 0.1% to 28,771.21, while the Shanghai Composite added 0.2% to 3,406.93. The contrast in the speed of the vaccine rollout has been striking between the U.S. and Asia. Nearly half of American adults have gotten at least one dose of the vaccine, and about 30% of adults in the U.S. have been fully vaccinated, according to the Centers for Disease Control and Prevention. Japan, where inoculations for the public have barely started, has seen a resurgence of infections in recent weeks. The country’s western metropolis of Osaka reported over 1,200 new infections Thursday, its highest since the pandemic began. A top ruling party official suggested the possibility of cancelling the Tokyo Olympics, set to start in July, if infections continue to surge. Prakash Sakpal and Nicholas Mapa, senior economists for ING, said the markets are watching the meeting between Japanese Prime Minister Yoshihide Suga and President Joe Biden, set for the weekend, data from China, including GDP and retail sales, as well as for further news on the pandemic. “Asian markets will likely track gains overnight with optimism driven by positive US data highlighted by retail sales. Investors now turn their focus to a string of China data reports,” they said in a report. Wall Street notched more milestones, as a broad market rally pushed the S&P 500 to an all-time high and the Dow Jones Industrial Average crossed above the 34,000 mark for the first time. The S&P 500 rose 1.1%, with technology, health care and communication stocks accounting for much of the upward moves. Only energy and financial companies closed lower. Bond yields fell. The rally came as investors welcomed a suite of encouraging economic reports showing how hungry Americans are to spend again, how fewer workers are losing their jobs and how much fatter corporate profits are getting. Expectations are very high on Wall Street that the economy — and thus corporate profits — are in the midst of exploding out of the cavern created by the pandemic, thanks to COVID-19 vaccinations and massive support from the U.S. government and Federal Reserve. New data on retail sales and jobless claims Thursday helped bolster the view that the economic recovery is accelerating. “Another day, another record," said Chris Zaccarelli, chief investment officer for Independent Advisor Alliance. “The stock market continues to validate the optimistic forecasts from last year, which predicted a strong economy that was driven by consumers emerging from their homes, emboldened by vaccinations or by a belief that the worst of COVID was behind us.” The S&P 500 rose 45.76 points to 4,170.42, surpassing its previous record high of 4,141.59 set on Tuesday. The Dow climbed 305.10 points, or 0.9%, to 34,035.99. The Nasdaq composite added 180.92 points, or 1.3%, to 14,038.76, while the Russell 2000 index of smaller companies picked up 9.35 points, or 0.4%, to 2,257.07. U.S. retail sales jumped 9.8% in March from February, blowing past economists’ forecasts for 5.5% growth. Much of the surge was due to $1,400 payments from the U.S. government’s latest economic rescue effort hitting households’ bank accounts. Economists said it shows how primed people are to spend as the economy reopens and conditions brighten. That’s huge for an economy that’s made up mostly of consumer spending. Another report gave an encouraging read on the job market, showing 576,000 people applied for unemployment benefits last week. That’s well below the 700,000 that economists had forecast and down from 769,000 the prior week. It's also the lowest number since the pandemic. Adding to the optimism, more big U.S. companies reported even healthier profits for the first three months of 2021 than analysts had forecast. Expectations are already high for this earnings reporting season, which unofficially got underway on Wednesday and could result in the strongest growth in more than a decade. “You’ve got various pockets of the market now starting to show a broadening recovery,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. BlackRock, PepsiCo and UnitedHealth Group all reported bigger profits for the first quarter than analysts expected. BlackRock rose 2.1%, PepsiCo added 0.1% and UnitedHealth climbed 3.8%. Even Delta Air Lines, which reported weaker results for the start of 2021 than expected, highlighted areas of optimism. It said it could return to making profits by late summer if the recovery it’s seeing in air travel continues. Its shares fell 2.8%. In energy trading, benchmark U.S. crude fell 19 cents to $63.27 a barrel. Brent crude, the international standard, slipped 19 cents to $66.75 a barrel. In currency trading, the U.S. dollar inched up to 108.91 Japanese yen from 108.77 yen. The euro cost $1.1956, down from $1.1984. ___ AP Business Writers Stan Choe, Damian J. Troise and Alex Veiga contributed. Yuri Kageyama, The Associated Press
First team, second team, and honorable mentions for offense and defense
Yahoo Sports WNBA writer Cassandra Negley breaks down the key picks in Thursday night's draft.
Kevin Smith has announced plans to auction off his film "Killroy Was Here" as an NFT (non-fungible token). He tells USA TODAY, "It's a brave new world."
Syngin Colchester broke one of his ankles and sprained the other while hiking in the forest
Prosecutors in Mexico said Thursday a court has ordered 30 marines to stand trial in the cases of people who disappeared during anti-crime operations in the northern border city of Nuevo Laredo in 2018. The Navy turned them over to the federal Attorney General’s Office last week. For much of the 2000s, the fight against the cartel was largely entrusted to Mexico's marines, who frequently came under fire from heavily armed cartel gunmen.
DETROIT — Jakub Vrana scored in his Detroit debut, and Troy Stecher added two goals for the Red Wings in a 4-1 victory over the Chicago Blackhawks on Thursday night. Vrana and Richard Panik played for the first time since the Red Wings acquired them in a trade Monday with Washington. Vrana put Detroit up 2-1 with a breakaway goal in the second period. Duncan Keith scored the only goal for Chicago, which remained four points behind Nashville for the fourth spot in the Central Division. Michael Rasmussen scored into an empty net for the Red Wings, who have a three-game winning streak for the first time this season. Chicago hit the post twice in rapid succession during one first-period sequence, and Keith eventually gave the Blackhawks a 1-0 lead, taking a cross-ice pass from Alex DeBrincat and scoring from the left circle. Stecher tied it in the second when his seemingly harmless shot from behind the right circle hit Kevin Lankinen's blocker and bounced over the goalie and in. Vrana then put the Red Wings ahead immediately after serving a bench minor for too many men on the ice. When he came out of the box, he took a pass from Gustav Lindstrom and was in alone for his 12th goal of the season. Stecher capped Detroit's three-goal second period, tucking the puck into an open net with Lankinen out of position after a nice pass from Danny DeKeyser. Rasmussen's goal came with 1:26 left in the game. Thomas Greiss had 24 saves for the Red Wings. NOTES: Vrana played 16:57. That's more ice time than he had in any of his last nine games with the Capitals. ... Detroit won for only the second time in seven meetings with Chicago this season. UP NEXT Blackhawks: Complete the two-game set in Detroit on Saturday. Red Wings: Host Chicago in second of two games on Saturday. ___ Follow Noah Trister at www.Twitter.com/noahtrister ___ More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports Noah Trister, The Associated Press
A poll commissioned by CBC News shows that only 16 per cent of Albertans say they are 'highly impressed' by Premier Jason Kenney’s performance, in part because of his handling of the pandemic, but also because of the province’s struggling economy.
New Orleans, Louisiana--(Newsfile Corp. - April 15, 2021) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 11, 2021 to file lead plaintiff applications in a securities class action lawsuit against FibroGen, Inc. (NasdaqGS: FGEN), if they purchased the Company's securities and/or sold put options between November 8, 2019 and April 6, 2021, inclusive (the "Class Period"). ...
Ontario, CA, April 15, 2021 (GLOBE NEWSWIRE) -- Prime Healthcare Services, Inc. announced its fourth-quarter 2020 financial results today, April 15, 2021. The Company will host a conference call on April 23, 2021 at 1:00 p.m. (ET) to discuss the fourth-quarter results. To access the conference call, please dial 1 334-323-9869 (U.S.) or 888-207-0293 (Int’l) and reference participant passcode 821151. The number should be dialed at least five minutes prior to the start of the conference call. For those who are unable to listen to the conference call, there will be a replay available through Saturday, May 8, 2021. To access the replay, please dial 1 719-457-0820 (U.S.) or 888-203-1112 (Int’l) and reference audio replay passcode 6020634. ### About Prime Healthcare: Prime Healthcare, along with the affiliated Prime Healthcare Foundation, is one of the nation’s leading health systems with 46 hospitals in 14 states. Prime serves over 600 communities, employs 35,000 staff and provides 2.6 million patient visits annually. Based in Ontario, California, Prime Healthcare is nationally recognized for award-winning quality care and has been named a Top 10 and Top 15 Health System by IBM Watson Health. Its hospitals have also been named among the nation’s best as “100 Top Hospitals” 53 times and have received more Patient Safety Excellence Awards from Healthgrades than any other health system in the past five years. To learn more, please visit www.primehealthcare.com. CONTACT: Elizabeth Nikels Prime Healthcare 909-235-4305 enikels@primehealthcare.com
Body camera footage released by the Chicago police board shows 13-year-old Adam Toledo with his hands raised as he was fatally shot by an officer. WARNING: This video contains graphic images.
A man accused of an armed robbery in the border city of Lloydminster will remain in custody while he waits for his trial. Rocky Wuttunee, 20, had a show cause hearing in Lloydminster Provincial Court on the Saskatchewan side on April 15. After listening to defence’s submission in favour of Wuttunee being released and the Crown’s argument against his release, Judge B. Krause denied his bail. The details of what was said during a bail hearing can’t be published. Wuttunee is accused of robbing a motel at gunpoint on March 29. His co-accused, Kacey Dillon and Jade Whitstone are wanted for robbery and several other offences. Police continue to seek them. Anyone with information about Dillon or Whitstone’s whereabouts is asked to contact your local police. If you wish to remain anonymous you can contact Crime Stoppers. Wuttunee’s next court appearance is scheduled for May 6. Lloydminster borders Saskatchewan and Alberta. Lisa Joy, Local Journalism Initiative Reporter, The Battlefords Regional News-Optimist
A CBC News investigation has found giant gaps in access to COVID-19 vaccines at Ontario pharmacies, with many vulnerable neighbourhoods basically cut out. The glaring disparity between rich and poor regions is prompting calls for better access.
BEIJING — China’s economic growth surged to 18.3% over a year earlier in the first quarter of this year as factory and consumer activity recovered from the coronavirus pandemic. The figures announced Friday were magnified by comparison with early 2020, when the economy suffered its deepest contraction in decades. The government noted growth compared with the final quarter of 2020, when a recovery was under way, was a more modest 0.6%. Business activity has mostly returned to normal since the ruling Communist Party declared victory over the coronavirus last March and began allowing factories and stores to reopen. The jump in economic growth was in line with expectations by forecasters based on the low basis for comparison in early 2020. The economy shrank by 6.8% in the first quarter of last year. Growth rebounded to 6.5% over a year earlier in the final quarter while the United States, Europe and Japan struggled with renewed disease outbreaks. The Associated Press
The mother of a Cree teenager who died in a B.C. group home last year has filed a human rights complaint alleging discrimination by multiple public agencies and the police. Samantha Chalifoux's complaint includes concerns about how she was treated after her son, 17-year-old Traevon Chalifoux-Desjarlais, was found dead in an Abbotsford home on Sept. 14. It also touches on questions about how the investigations into his death have been handled, as well as allegations about a lack of transparency from government bodies. Chalifoux's lawyer, Sarah Rauch, told CBC News that the complaint aims to highlight systemic issues surrounding the deaths of Indigenous children in care. "She is very adamant that she doesn't want this to happen to any other child," Rauch said of Chalifoux. "She's also very frustrated because she just has no information despite our many, many requests to have information shared with us." The complaint names seven respondents, including the B.C. government, the representative for children and youth, Xyolhemeylh (also known as the Fraser Valley Aboriginal Children and Family Services Society), the BC Coroners Service, Rees Family Services, the Abbotsford Police Department and the Office of the Information and Privacy Commissioner. The B.C. Human Rights Tribunal has yet to make a decision about whether to hear the complaint and none of the named respondents have had an opportunity to file responses. None of the allegations it contains have been proven. 'Traveon died in very unusual circumstances' Chalifoux has described her son as a caring and outgoing high school student who really wanted to start working so he could help support her. At the time of his death, Chalifoux-Desjarlais had been living in a group home called Ware Resource, operated by Rees Family Services, a company contracted out by Xyolhemeylh, an agency delegated under the Ministry of Children and Family Development. He had been there under a voluntary custody arrangement, an agreement between a parent and an agency to have a child in care temporarily. Samantha Chalifoux holds a photo of her son, Traevon Chalifoux-Desjarlais, who died while in the care of Xyolhemeylh, the Fraser Valley Aboriginal Children and Family Services Society. (Angela Sterritt/CBC) Police found Chalifoux-Desjarlais dead in his bedroom closet four days after he was reported missing by staff at the home. Chalifoux had been in regular contact with her son before he disappeared. She has said she'd text him every day and when she didn't hear from him for a couple of days she started to panic, calling his dad, friends and cousins. "Traveon died in very unusual circumstances," Rauch said. "[His mother] had no indication that he was struggling or that his life was at risk." The Abbotsford Police Department's Major Crime Unit concluded no criminality was suspected in the death. Chalifoux told CBC last fall that there were red flags while her son was in the group home. She says he often texted saying he was hungry and was not being allowed food from group home staff, and he also complained he was not allowed fresh bedding. The coroners service was called in to investigate Chalifoux-Desjarlais's death, and B.C.'s representative for children and youth, Jennifer Charlesworth, has said she plans to investigate as well. The family has called for a public inquiry into what happened.
You might have thought that the doctors of Grey’s Anatomy were already stretched so thin that they couldn’t possibly be stretched any thinner. “Hold my beer,” said Thursday’s episode, in which they treated a patient injured in Seattle’s George Floyd protests as well as a man who didn’t believe that COVID is real (and, of […]