N.J. Ex-Attorney General Takes on Probe of Sex-Assault Case
NEWARK, N.J.—New Jersey Gov. Phil Murphy said Monday he has asked a former state attorney general to conduct an independent investigation into his administration’s hiring of a former campaign staffer who had been accused of sexual assault. Mr. Murphy, a Democrat, said he has also asked the current attorney general to investigate the way sexual-assault cases are handled by law enforcement. Possible changes could involve extending the civil statute of limitations in sexual-assault cases, which is two years in New Jersey, as...
Source:Wall Street Journal
October 15, 2018 17:57 UTC
Wisconsin girl, 13, 'missing and in danger' after parents found dead in home, sheriff says
Police are searching for a 13-year-old girl considered “missing and in danger” after her parents were found dead inside their home in northwestern Wisconsin on Monday, the sheriff’s office said. Jayme Closs was reported missing after deputies discovered her parents' bodies inside their home on Highway 8, located west of Barron, Sheriff Chris Fitzgerald told Fox 9. The Barron County sheriff's office did not respond to Fox News' request for information. A 13-year-old female is missing from the residence and is considered missing and endangered,” the sheriff’s office wrote in a Facebook post along with a photo of Jayme. That's our only goal right now," Fitzgerald later said at a news briefing, adding that the girl was not considered a suspect in her parents' deaths.
Source:Fox News
October 15, 2018 17:50 UTC
U.S.-Saudi Tensions Put Oil-Price Discounts Into Play
The Saudi Arabian Oil Co. raised crude prices for many of its global customers in early October, but kept them cheaper for its clients in the U.S. When a puzzled European buyer asked a senior Aramco executive why his American rivals were getting a better deal, he said he got an unequivocal response: “It’s a message to Trump.”Saudi Arabia,...
Source:Wall Street Journal
October 15, 2018 17:48 UTC
‘A Star Is Born’ Soundtrack Gives Lady Gaga and Bradley Cooper a No. 1 Album
Bradley Cooper, Willie Nelson’s son and a real pop star masquerading as a fake pop star are among the musicians celebrating a chart-topping album this week. The soundtrack to “A Star Is Born,” the remake in which Cooper plays the country-rock singer Jackson Maine and Lady Gaga co-stars as the Gaga-esque Ally, is No. 1 on the Billboard 200, selling a total of 231,000 album equivalent units, including streams, downloads and purchases. [Never miss a pop music story: Sign up for our weekly newsletter, Louder.] But the album, a digital-only release, was purchased just 6,000 times as a whole, an increasingly common divide with hip-hop projects.
Source:New York Times
October 15, 2018 17:39 UTC
Pregnant U.S. Postal Worker Vanishes Outside Chicago Home
Authorities in Illinois are searching for a pregnant U.S. postal worker who is missing in South Chicago. The woman, Kierra Coles, 27, was last seen on Oct. 2 near her apartment in the Chatham neighborhood, according to the Chicago Police Department. “I’m too scared to feel anything,” Coles’ mother, Karen Phillips, told Chicago’s WMAQ-TV. A spokesperson for the USPS told WGN-TV she called in sick to work that day. Phillips told WMAQ-TV that authorities found Coles’ purse and cellphone inside her vehicle, which was still parked on the street outside her apartment.
Source:Huffington Post
October 15, 2018 17:37 UTC
Australian Couple Lucky To Be Alive After Harrowing Kangaroo Attack
SYDNEY (Reuters) - Australian wildlife carers Jim and Linda Smith are lucky to be alive, an ambulance official said, after they were attacked by a kangaroo in northeastern Queensland state. The kangaroo attacked his wife, Linda, when she ran to help him, leaving her with a collapsed lung, broken ribs, cuts and scratches. It was only when their son came out and hit the kangaroo with a piece of wood that the marsupial stopped the attack and returned to nearby bushland, Australian media reported. Linda Smith was taken to Toowoomba Hospital, where she underwent surgery, media reports said. “If the kangaroo was able to continue to inflict further injury, her life was, yes, in danger,” Queensland Ambulance Service’s senior operations supervisor Stephen Johns said.
Source:Huffington Post
October 15, 2018 17:37 UTC
This Company is Fast Becoming the Warby Parker of Scrubs
FOR MOST OF US, medical scrubs—like toilet paper, open parking spots and triple-A batteries—are something you don’t think about until you really need them. But for the 20 million Americans who are part of the healthcare industry, the nation’s largest employment sector, scrubs are a daily necessity. To serve that vast market, Heather Hasson and Trina Spear launched Figs in 2013, a Los Angeles-based, direct-to-consumer, “premium” scrubs company that’s on track to notch $100 million in revenue this year. What Warby Parker did for glasses and Casper did for mattresses, Figs is doing for scrubs. But while those startups have...
Source:Wall Street Journal
October 15, 2018 17:37 UTC
Man sought in connection with baby found abandoned in restroom of Lakewood Walmart
The man is not being called a suspect because investigators don’t have enough evidence that he carried the baby into the store, Deeds said. But officials are asking for the public’s help in identifying the man so he can be questioned. A news conference is scheduled for 1 p.m.
Source:Los Angeles Times
October 15, 2018 17:36 UTC
Trump And His Supporters Seem Primed To Accept Saudi Denials Over Jamal Khashoggi
Trump also stressed that King Salman “firmly denied” any knowledge of what’s become of Khashoggi, a point he also made in a tweet. By giving credence to the Saudi government’s denial of involvement in Khashoggi’s disappearance, Trump moved toward putting his stamp of approval on a narrative that suits his ally, Saudi Crown Prince Muhammed bin Salman. That narrative has focused on criticizing Khashoggi, downplaying Saudi human rights abuses and, above all, avoiding pressure or embarrassment for Trump over a major international scandal. The goal, they say, is to undermine the close relationship Trump has established with the Saudi leadership. And it suggests how advocates of Trump and the Saudis will behave as debate over Khashoggi continues in the U.S. and the rest of West.
Source:Huffington Post
October 15, 2018 17:30 UTC
A ‘Sugar Date’ Gone Sour
Chandler Fowles knew it wouldn’t be simple to move from Mystic, Conn., to New York City last year. But staying put held little appeal. Her degree in art history and fine arts from Eastern Connecticut State University wasn’t helping her land any job worth sticking around for. She and her mother weren’t speaking at all after a particularly bad argument. The cost of living (and partying) was more than she could manage, along with her $25,000 in college student loan debt.
Source:New York Times
October 15, 2018 17:27 UTC
Fox News' Brian Kilmeade Calls Man-Made Climate Change A 'Point Of View'
The co-hosts of “Fox & Friends” predictably were full of praise Monday for President Donald Trump following his wide-ranging ― and eyebrow-raising ― interview with CBS’ “60 Minutes,” which aired Sunday. “I don’t think the president has ever been more confident that he can do the job than he is today,” co-host Brian Kilmeade declared. “She really believes in global warming and that’s fine, and man’s role in climate change and that’s okay,” Kilmeade said. “But I don’t think you should bring your point of view ― she was trying to win over the president with her point of view. The role of man has not been unveiled to a way in which the president accepts.”
Source:Huffington Post
October 15, 2018 17:26 UTC
FMC Corporation Carves-Out Livent In IPO
On October 11, 2018, Livent Corporation (NYSE: LTHM, $16.25, Market Capitalization: $2.3 billion) started trading on the NYSE after its IPO. FMC Corporation will distribute the remaining shares of Livent to FMC shareholders through a spin-off or split-off, thus completing the full separation of Livent from FMC (expected to complete by late 1Q19). Deal OverviewOn March 31, 2017, FMC Corporation (FMC) had announced its intention to separate FMC Lithium as a separate publicly-traded company. On February 13, 2018, during the 4Q17 conference call, FMC Corporation reaffirmed the plan to spin-off its lithium business, FMC Lithium (renamed as Livent Corporation). 2) Livent Corporation (Carve-Out)We apply multiples of 2019E EV/Sales (5.0x) and EV/EBITDA (12.5x) on Livent Corporation (LTHM), at a premium from the peer median on strong growth potential from EV demand, low-cost production and global manufacturing capabilities.
Source:Forbes
October 15, 2018 17:26 UTC
Saudi Arabia's oil is a powerful weapon. But using it has big risks
(CNN Business) Forty-five years ago, Saudi Arabia and its allies cut off oil supplies to the United States over its support for Israel. Oil prices were flat on Monday, suggesting markets have for now dismissed the risk that Saudi Arabia could restrict supplies. As a result, America is far less dependent on Saudi oil that it once was. But the world, and the US still needs Saudi oil. ING's Patterson echoed the view: "Higher oil prices for a sustained period of time could help support higher penetration rates of electric vehicles moving forward."
Source:CNN
October 15, 2018 17:26 UTC
Can Papaya King Expand Beyond Its New York City Roots?
Franchising at Papaya King, a venerable New York City-based hot dog stand which opened in 1932, has come and gone like waves in the ocean. In 2016, Papaya King owner Wayne Rosenbaum signed a franchising agreement with Fransmart. Forbes: Papaya King has tried franchising several times in the past, as recently as 2016, and none succeeded. How will Papaya King find an audience? Forbes: Why is Papaya King mostly an urban concept?
Source:Forbes
October 15, 2018 17:15 UTC
Sears Didn't 'Die.' Vulture Capitalists Killed It.
Another writer who regularly covers how hedge funds and private equity have pillaged American retailing is David Dayen. I’ve written about how private equity and hedge funds are destroying independent daily newspapers, using the same acquire, strip and flip strategy. A book that tells the larger story in vivid detail is “Private Equity at Work,” by Eileen Appelbaum and Rosemary Batt. If we ever resume the task of draining the true financial swamp, we need a Glass-Steagall for hedge funds, private equity operators and bona fide businesses. One of the most flagrant, and least appreciated, is the perverse role of hedge funds.
Source:Huffington Post
October 15, 2018 17:15 UTC