Monday, April 10, 2023

Tough day for tech on Wall Street

Monday marked the start of a busy week for data and the first-quarter earnings season.


Market-watchers are looking ahead to the consumer-price index reading for March and retail sales on Friday - all of which will give an indication of the health of the US economy.


Sally Patterson has more.


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US police confirm bank shooter was employee

US police have confirmed the gunman who killed at least four people at
a bank in the state of Kentucky was a former employee.

The 23-year-old injured nine other people in the attack in downtown Louisville.

US correspondent Nick Harper reports.

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Texas Governor wants to pardon man convicted of killing BLM protester

Texas Governor Greg Abbott has vowed to pardon an Army Sergeant who has been found guilty of murdering a Black Lives Matter protester in 2020. A jury unanimously convicted Daniel Perry last week in the shooting death of Garrett Foster. Toni Waterman has more.

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Trump predicts indictment will help 2024 chances

Former US president Donald Trump believes his legal challenges,
including his recent indictment on fraud charges, could help boost
support for him ahead of next year's election.

Trump has reportedly told people close to him that campaigning on his
ongoing investigations will energize his base of supporters.

US correspondent Nick Harper reports.

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Dalai Lama regrets asking boy to suck his tongue

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The Dalai Lama has apologised after a video was circulated showing him kissing a boy on the lips before asking the child to suck his tongue.

In a statement from the Tibetan spiritual leader posted on his Twitter account, the 87-year-old said that he "regrets the incident".

Rebecca Bundhun reports from India, where the Dalai Lama lives in exile.

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Fox News settled defamation claim with Venezuelan businessman

Fox News has settled a lawsuit with a Venezuelan businessman who accused the network of defamation.


Majed Khalil said the channel fabricated claims he had helped rig the 2020 US presidential election against Donald Trump.


Sally Patterson reports.


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"Former employee" kills 4 at US bank

Police say they believe a gunman who killed at least four people at a
bank in the US state of Kentucky was a former employee.

Eight others were injured during the attack in downtown Louisville.

The gunman died at the scene.

Deputy Chief Paul Humphrey gave an update at a press conference in the city.

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[ALT] Deputy Chief Paul Humphrey spoke to reporters at the scene.

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Shooting in Louisville KY leaves multiple casualties

At least five people, including a police officer, have been killed and several others left injured in a shooting in downtown Louisville in the US state of Kentucky.


The suspect, law enforcement authorities say, has been neutralised. 


Here's Benji Hyer with the latest. 


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Biden hints at running again for President, but not willing to make it official

U.S. President Biden said on Monday that he plans on running for re-election in 2024 but is not ready to make it official.

He spoke to the media at an annual Easter event at the White House.
Caroline Malone reports from Washington.


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US grapples with fallout from intelligence leaks

The US government is grappling with the fallout from the leaking of a trove of apparent US intelligence documents that were posted on social media. 

The documents have revealed the US' efforts in spying on Russia, and eavesdropping on key allies including South Korea, Israel and Ukraine. 


Kate Fisher reports from Washington


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At least three killed in a gas explosion in French city of Marseille

French officials are searching for at least eight people believed to be trapped under the rubble of two residential buildings in the port city of Marseille.

A deadly gas explosion tore down the four storey apartment blocks in the early hours of Sunday morning. 

Firefighters have so far recovered three bodies from the ruins.

Natalie Malgas has more…

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India conducts mock drills to review COVID preparedness as cases spike

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The Indian government is conducting two-day mock drills as COVID-19 cases have jumped to their highest in six months.

The emphasis will be on testing, contact tracing as well as equipping hospitals to deal with a surge in infections, as Ishan Garg reports from New Delhi.

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China continues military drills around Taiwan

China is carrying out a third day of military drills around Taiwan, following the return of the island’s President Tsai Ing-wen from political meetings in the US. Beijing says the drills are “a stern warning” against Taiwanese separatism. 

Richard Kimber reports from Hong Kong.


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Ueda starts term as new BOJ head

Japan’s national bank has a new governor. 

Kazuo Ueda (kah-zoo-oh oo-eh-dah) started his five year term as Bank of Japan chief on Sunday.


Chris Gilbert reports from Tokyo. 


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Saturday, April 8, 2023

Rival rulings set the stage for abortion pill showdown

A federal judge in Texas has suspended the FDA's approval of mifepristone, one of the two drugs used in pill abortions. The ruling could pull the medication off pharmacy and physician shelves across the country, even in states where abortions are legal. Almost simultaneously, another federal judge in Washington state ordered the FDA to keep the pills available in 17 states and the District of Columbia.  The rival rulings have now set the stage for an abortion pill showdown...as Toni Waterman explains.  

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Friday, April 7, 2023

U.S. pace of hiring remains strong in March showing a resilient but muted economy

The unemployment rate fell to 3.5% in March while U.S. employers added 236,000 jobs. 

The Federal Reserve has been putting up interest rates to bring inflation down to a more manageable level, and are factoring in the labor market.

Caroline Malone reports from Washington.


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Inflation in focus on Wall Street [LOOKAHEAD]

Investors will be turning their attention to some key inflation
metrics set to be released this week.

And some of the major U.S. banks are set to release quarterly earnings
amid turbulence in the sector.

William Denselow reports from New York.

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Trump doesn’t deserve prison: Stormy Daniels

Stormy Daniels says that Donald Trump doesn't deserve to go to prison
for allegedly providing hush money payments to the porn star.

Trump was arrested this week and pleaded not guilty to 34 felony charges.

William Denselow reports from New York.

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USFDA finds several violations at "lethal" eye drop maker's factory

Intro:

The US Food and Drug Administration says the Indian company that manufactured eye drops linked to 3 deaths in the US violated several safety norms.

Production of the eye drops has been halted since the USFDA issued a warning earlier this year.

Ishan Garg has more from New Delhi.

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Rescuers search for downed Japan Defense Force helicopter

Japan’s coast guard is searching for survivors after a Self Defense Force helicopter went down during a surveillance flight near Okinawa on Thursday. 

Response ships have found wreckage and oil floating in the water off the island of Miyako (mee-yah-koh). 


Chris Gilbert reports from Tokyo. 


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