Tuesday, October 11, 2016

Wells Fargo pushed un-needed overdraft protection


Wells Fargo workers say they were pressured to sign up customers for  overdraft protection that they didn't need. 

The Consumer Financial Protection Bureau says it is investigating the practice, in addition to its review into Wells Fargo opening unauthorized bank accounts.

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Trump launches vicious attack on Republican leaders

Donald Trump has launched a vicious attack on Republican party leaders, accusing them of offering him "zero support" in his quest for the White House.


He's taken to Twitter to express his anger over the decision by top Republicans to stop defending him or campaigning for him.


Our US Correspondent Simon Marks reports.


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Pres. Duterte questions value of US-Philippine defense ties


The Philippine President says he will not scrap his country's military ties with the US, but once again called their alliance into doubt, according to AP reports.

Rodrigo Duterte's comments came as current war-games between the two ended a day early than scheduled.

Here's Kevin McAleese in Washington...

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Theranos Faces $100m Lawsuit

The US medical technology company Theranos is being accused of lying to attract almost $100 million in investment.

Partner Fund Management's lawsuit is "without merit" according to Theranos. 

From Washington, Daniel Ryntjes reports...

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FTSE 100 HITS ALL-TIME HIGH AS POUND SLUMPS

London's FTSE 100 index of leading shares has hit an all-time high in Tuesday trading.

This as the UK pound falls further against the US dollar over fears about Britain's exit from the European Union.

Olly Barratt reports from London.

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GE to purchase wind turbine blade maker

General Electric is purchasing a supplier and manufacturer of rotor
blades for wind turbines in a deal worth $1.65 billion.

By acquiring the company LM Wind Power for its renewable energy
business GE says it'll help them increase energy output in the future.

William Denselow reports from New York.

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New Report Says ISIS Media Output Falling

A study by US terrorism researchers at West Point shows that the Islamic State's propaganda output has fallen dramatically, as the group comes under increasing military pressure.

The researchers also found there's been a shift away from social media posts and publications portraying a well functioning state.

Here's our US correspondent Lorna Shaddick.

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World Health Organization to send 1 million doses of cholera vaccine to Haiti

INTRO:
The World Health Organization has announced it will send 1 million
doses of the cholera vaccine to Haiti.

The United Nations agency reported that cases of the deadly disease
had increased since last week's damage by Hurricane Matthew.

Our UN correspondent Laura Cantekin reports from New York.

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Samsung halts production of Galaxy Note 7

Samsung has confirmed it will no longer produce the Galaxy Note 7 mobile phone.

American agencies have been urging consumers to stop using the devices, several of which have exploded or burst into flames.

Our U.S. correspondent Priscilla Huff reports:

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RUSSIA 'COMMITTING WAR CRIMES' IN SYRIA

Russia's bombing campaign in Syria is being compared to Nazi actions in Europe in the 1930s, by a former UK cabinet minister.

Andrew Mitchell has been leading a debate in Britain's House of Commons on the Syrian crisis.

Along with several other UK politicians, he's also accusing Russia of war crimes and other contraventions of international law.

Russia insists its actions inside Syria are targeting terrorists.

Andrew Mitchell told the House of Commons that's not the case.

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Andrew Mitchell told the House of Commons Moscow is putting itself on the wrong side of history.

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OUT: …civil war."
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Vladimir Putin postpones France talks

LEAD:

Russia's President Vladimir Putin says he will not come to Paris next week.  Vladimir Putin was meant to travel to France on 19 October for talks and to to inaugurate a new Russian Orthodox cathedral in Paris. Julia Lyubova reports from Moscow.

IN: Earlier French President Francois Hollande..
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"Hard Brexit" could cost UK 80 billion dollars a year

Leaked figures suggest a so-called "hard Brexit" could cost the UK Treasury up to 80 billion dollars in tax revenues every year...

The TImes newspaper reports a paper which warns ministers that leaving the EU single market could cut UK GDP by as much as 9.5 per cent over the next 15 years.

Our UK correspondent Dan Whitehead reports...

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British lawmaker compares Russia's actions in Syria to Nazis

A senior Conservative MP has compared Russia's role in Syria to the Nazi regime in 1920s Spain. 

The comments of former International Development Secretary Andrew Mitchell comes as British lawmakers are holding an emergency debate on the humanitarian situation in Aleppo.   From London, Catherine Drew reports. 

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Australian same sex marriage likely to be dumped by senate

Australia's federal government has accused the Labor opposition of driving a stake through the heart of same-sex marriage by killing off a proposed plebiscite.
Arthur Stevens has more

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French president suggests International Criminal Court involvement over Russia's actions in Syria

The French president says there could be a case for the International Criminal Court to investigate Russia for war crimes for its actions in Syria including the bombings in eastern Aleppo.

Francois Hollande also hinted he might refuse to meet Russian president Vladimir Putin when he heads to France next week.

Our Europe correspondent Jack Parrock reports. 

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HARD BREXIT 'COULD COST $80BN A YEAR'

A so-called 'hard Brexit' could cost the UK around $80bn a year in lost tax revenues, according to leaked government papers.

The Times newspaper reports cabinet ministers are being warned that if Britain leaves Europe's single market and adopts World Trade Organisation rules, economic output could fall between 5.4% and 9.5% within 15 years.

But Brexit supporters say the Treasury is continuing to use scare tactics and that these predictions are unrealistic.

Reporter Roz Unwin has more.

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OUT: …single market."
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Luxembourg PM Proposes 1 Day Border Controls

Luxembourg's Prime Minister says European Union states should impose border controls for just 24 hours.

He says that would be a terrible shock that would show European citizens the value of being in the visa-free travel Schengen Area.

Our Europe Correspondent Kevin Ozebek has more from Brussels. 


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SAMSUNG: TURN OFF ALL NOTE 7 PHONES

Samsung says all of its Galaxy Note 7 devices should be turned off as it looks into fresh reports of smartphones catching fire.

All sales of the phone have been stopped.

This follows Samsung's recall of 2.5 million Note 7s in September after customers complained they were exploding.

Samsung later insisted replacement phones were safe.

But new devices have since been reported to have started smoking.

Samsung shares fell sharply in Tuesday trading.

Technology reporter Will Guyatt says it's a huge blow for the company.

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Technology reporter Will Guyatt says it's a huge blow for the company.

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Russia and Turkey increase military and intelligence co-operation

Russia and Turkey have agreed to increase military and intelligence co-operation after meeting in Istanbul. 
The two countries have been supporting opposite sides in the Syrian conflict - but are moving closer together. 
Elena Casas has more from Moscow.


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German bomb suspect planned attack on Berlin airport

German authorities said a Syrian refugee arrested over the weekend was building a bomb and planned to strike a Berlin airport.

A two day manhunt for the suspect ended when fellow Syrians tied him up and alerted authorities.

Ira Spitzer reports from Berlin.

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