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Author Robbie Couch said "the politics of 2016" inspired him to write his debut novel, which follows a gay 17-year-old in rural Michigan.
President Joe Biden said Tuesday that he is “praying the verdict is the right verdict” in the trial of former Minneapolis Police Officer Derek Chauvin and that he believed the case, which has gone to the jury and put the nation on edge, to be “overwhelming.” Biden, ahead of a meeting with lawmakers in the Oval Office, told reporters that he was only weighing in on the trial into the death of George Floyd, who died with Chauvin’s knee on his neck, because the jury in the case had been sequestered. He confirmed that he called Floyd’s family on Monday to offer prayers and said he “can only imagine the pressure and anxiety they’re feeling.”“They’re a good family and they’re calling for peace and tranquility no matter what that verdict is,” Biden said. “I’m praying the verdict is the right verdict. It’s overwhelming, in my view. I wouldn’t say that unless the jury was sequestered now.”The president has repeatedly denounced Floyd’s death but had previously stopped short of weighing in on the trial itself. His comments came as his administration has been privately weighing how to handle the upcoming verdict, including considering whether Biden should address the nation and dispatching specially trained community facilitators from the Justice Department, aides and officials told The Associated Press.The jury resumed deliberations Tuesday morning after spending a few hours Monday discussing the case behind closed doors. In closing arguments earlier in the day, a prosecutor told jurors that Chauvin “had to know” he was squeezing the life out of George Floyd as he cried over and over that he couldn’t breathe and finally fell silent. Chauvin faces murder and manslaughter charges.Test for BidenThe plans for possible presidential remarks are still fluid, with the timing, venue and nature of the remarks still being considered, in part depending on the timing of the verdict, according to two White House aides who were not authorized to speak publicly about private conversations and spoke to the AP on condition of anonymity.The White House has been warily watching the trial proceed in Minneapolis — and then another shooting of a Black man by a white police officer last week — and are preparing for the possibility of unrest if a guilty verdict is not reached in the trial. Biden may also speak after a guilty verdict, the White House aides said.Floyd’s brother, Philonise Floyd, told NBC’s “Today” show that Biden “knows how it is to lose a family member ... so he was just letting us know that he was praying for us and hoping that everything would come out to be OK.”The verdict — and the aftermath — will be a test for Biden, who has pledged to help combat racism in policing, helping African Americans who supported him in large numbers last year in the wake of protests that swept the nation after Floyd’s death and restarted a national conversation about race. But he also has long projected himself as an ally of police, who are struggling with criticism about long-used tactics and training methods and difficulties in recruitment.White House Press Secretary Jen Psaki said Monday that the White House has had a “range of conversations” about preparations for the upcoming verdict and added, “Our objective is to ensure there is space for peaceful protest.”“Of course we’ll let the jury deliberate and we’ll wait for the verdict to come out before we say more about our engagements,” Psaki said.Psaki said administration officials have been in contact with leaders in Minnesota and in other cities and states that saw unrest after Floyd’s death last year.She declined to answer if Biden would be “disappointed” if a not guilty verdict was reached. She said that Americans could expect to hear from the president soon after the verdict, no matter what it is.Judge Pete Cahill said on Monday after closing argument were done, rejecting a defense request for a mistrial based in part on comments from California Rep. Maxine Waters, who said “we’ve got to get more confrontational” if Chauvin isn’t convicted of murder. He framed it as politicians in general.“I wish elected officials would stop talking about this case, especially in a manner that is disrespectful to the rule of law and to the judicial branch and our function,” said Cahill. “I think if they want to give their opinions, they should do so in a respectful and in a manner that is consistent with their oath to the Constitution to respect a coequal branch of government. Their failure to do so, I think, is abhorrent.”Preparing for unrestMeanwhile, the FBI and the U.S. attorney’s office in Minnesota have been working with local officials to support law enforcement as they prepare for the possibility of unrest after the verdict, officials said.And the Justice Department has also dispatched specially trained community facilitators ahead of a verdict, according to a senior Justice Department official. The official could not discuss the plans publicly and spoke to the AP on condition of anonymity.The officials, part of the Justice Department’s Community Relations Service, tout themselves as “America’s Peacemaker” by mediating disputes in communities and holding listening sessions to help prevent future conflicts.A federal civil rights investigation, separate from the trial, remains ongoing. Several witnesses were subpoenaed earlier this year to appear before a federal grand jury considering charges against Chauvin.The Justice Department’s civil rights investigation has been focused on Chauvin and some of the witnesses, including other officers who worked with Chauvin, people familiar with the matter have told the AP.Chauvin was prepared to plead guilty to third-degree murder in George Floyd’s death before then-Attorney General William Barr personally blocked the plea deal last year. Barr rejected the deal in part because he felt it was too soon, as the investigation into Floyd’s death was still in its relative infancy, law enforcement officials said.Across the country, police departments are also preparing for the possibility of rioting or other unrest, with some canceling vacation time and increasing the number of officers available for shifts. The federal government hasn’t detailed its plan in the event of widespread or sustained civil unrest.Pentagon spokesman John Kirby said Monday that there has been a request from officials in Washington, D.C., for D.C. National Guard forces in the event there is civil unrest in the nation’s capital, and it is currently being reviewed by the Army. He said the Army secretary has the authority to approve any request for D.C. National Guard but did not have details on the request.(AP)
Elizabeth Furse, who represented northwestern Oregon in Congress for three terms in the 1990s, has died from complications related to a fall, her former husband said. The Oregonian/OregonLive reported that Furse championed the rights of Native Americans and helped five Oregon tribes regain federal recognition. The Democrat was first elected in 1992 to the U.S. House representing Oregon’s 1st District without ever having held elected office before.
The prime minister has vowed to drop a 'legislative bomb' on the new proposals.
(Bloomberg) -- Canadian National Railway Co. offered $30 billion to snatch Kansas City Southern from a rival, spurring a possible bidding war in one of the industry’s biggest potential deals in decades.The bid of $325 a share consists of $200 in cash and 1.059 Canadian National shares for each share of Kansas City Southern, Montreal-based CN said in a statement. Canadian National gave its offer an enterprise value of $33.7 billion.Tuesday’s offer tops a $25 billion deal Kansas City Southern reached with Canadian Pacific Railway Ltd. last month.Canada’s two biggest railroads are vying for a rail network that links their country with the U.S. and Mexico as a reworked trade alliance gets underway and the economic recovery from the Covid-19 pandemic gathers steam. Kansas City Southern’s sprawling system connects farms in the U.S. Midwest to ports along the Gulf of Mexico. It also reaches deep into Mexico, which made up almost half of the Kansas City, Missouri-based company’s revenue last year.“Railroads don’t come for sale very often,” Canadian National Chief Executive Officer Jean-Jacques Ruest said in an interview with Bloomberg TV. “Our vision has been for a long time to create a very solid north-south network.”Canadian National estimated that there’s a pool of about $8 billion of annual truck freight that it could convert to rail and projected that a deal would add to earnings in its first full year. Profit could increase more than 10% when efficiency gains kick in, the company said.The combination would create a “railroad that can really rival with truck,” Ruest said on a call with analysts. “A lot of the freight today that moves north-south is only getting a partial ride by rail or is actually moving all truck, and these are huge distances.”Stephens analyst Justin Long expressed surprise at Tuesday’s offer, given the healthy price that Canadian Pacific had agreed to pay.“But we think Canadian National understood the competitive challenges this deal could present, given the much broader geographic reach of the pro forma CP network,” he wrote. “The Canadian rails face-off has begun.”Whoever doesn’t win Kansas City Southern would face a competitive disadvantage, making a bidding war likely, said Citigroup analyst Christian Wetherbee.“We believe it’s likely that CP remains engaged and may try to come back with a higher bid,” he said in a note to clients. “This clearly would stretch valuation but could be justified by the long-term growth potential of the combined entity.”Kansas City Southern said it would evaluate the new offer and respond in “due course.” Canadian Pacific didn’t return a request for comment.Kansas City Southern surged 16% to $298 at 1:14 p.m. in New York after jumping 17%, the most intraday since July. Canadian National slumped 6% to $139.25 in Toronto, while Canadian Pacific fell 1.6% to $450.64.Canadian National already has large U.S. operations, adding its Chicago-New Orleans line with the purchase of Illinois Central Railroad in 1998. The Canadian railroad overlaps with Kansas City Southern along roughly 70 miles (about 110 kilometers) in Louisiana of its 7,000-mile network and affects only five major customers, the company said. The two networks also run parallel about 40 miles apart during stretches in the southern U.S.Canadian Pacific’s U.S. tracks don’t extend south beyond Kansas City, so it’s planned merger would give the railroad its first access to busy U.S. ports on the Gulf of Mexico.The Canadian railroads are longtime rivals with interlacing histories. Canadian National was privatized from government ownership in the 1990s and outperformed its smaller competitor for much of the early 2000s, cutting costs and expanding its network south through acquisition.In 2012, Canadian Pacific shareholders rebelled, backing hedge fund manager Bill Ackman in a proxy fight to replace the board and install Hunter Harrison, its rival’s former leader, to be chief executive officer. Harrison then poached Keith Creel from Canadian National. Creel is now Canadian Pacific’s CEO. Harrison died in 2017.In 2016, Canadian Pacific paid C$25 million ($20 million) to its rival to settle a lawsuit claiming that Canadian Pacific had pilfered customer lists using employees that had moved between the railroads.Regardless of which offer ultimately wins, it is likely to get close scrutiny as U.S. regulators study whether to approve the biggest rail merger in two decades. Canadian Pacific has already crossed swords with the U.S. Justice Department over a voting trust the company plans to use to close its deal.What Bloomberg Intelligence Says:“A deal would create North America’s third-largest railroad, meaning the regulatory hurdles for clearance are going to be higher than the $25 billion deal KCS accepted from Canadian Pacific. The latter combination would still be the smallest Class I railroad, interchanging in only one spot. KCS interchanges with Canadian National in Springfield, Illinois and East St. Louis, Missouri.”-- Lee Klaskow, BI transportation analystClick here to read the research.Canadian National also plans to use a voting trust, which would hold shares of the new entity and allow control to change hands before gaining regulatory approval. In both proposals, the U.S. and Canadian railroads would operate independently while awaiting government sign-off.Either deal would also face a question over whether a purchase of Kansas City Southern, the smallest of the major U.S. railroads, should be subject to a tougher U.S. standard adopted in 2001 for railroad mergers. The Surface Transportation Board, which has final authority, had exempted Kansas City Southern from the new rules, which require a transaction to benefit the public and improve service. The Justice Department, in an advisory role, had urged using the higher standard.Both Canadian National and Canadian Pacific expressed confidence that their proposals would be approved regardless which standard is used.JPMorgan Chase & Co. is advising Canadian National, while Bank of America Corp. and Morgan Stanley are advising Kansas City Southern. BMO Capital Markets and Goldman Sachs Group Inc. are Canadian Pacific’s financial advisers.(Updates with Kansas City Southern comment in 12th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
The paint, created by researchers at Purdue University, reflects 98.1 percent of sunlight and thus can cool down buildings all on its own
Three weeks into a hunger strike that threatens to kill him, Alexei Navalny made light of his skeletal state in a darkly humorous social media post on Tuesday, and said he was grateful for support from Russia and around the world. In a post on Instagram, he told his supporters they would laugh if they could see him staggering round his cell and trying to swat mosquitoes with a rolled-up tube of paper. Navalny has been a thorn in the side of President Vladimir Putin for the past decade, wielding satire and humour to expose allegations of official corruption and building up a huge online following.
On the call with me today is our Chief Financial Officer, Jack McGinnis. It has been one year since we first referred to the unfolding uncertainty of COVID-19 and the resulting lockdowns in many of our markets.
Scott+Scott Attorneys at Law LLP Alerts Investors to Securities Class Action Against Canaan, Inc. (CAN) and June 14 Deadline
Zerto has announced the availability of Zerto for Kubernetes (Z4K) and previewed Zerto 9.0 at ZertoCON 2021 Virtual.
“Resident Evil” producer Constantin Film has acquired the rights to Lee Goldberg’s movie script for thriller “The Walk,” which he adapted from his bestselling novel. Goldberg has served as the showrunner of “Diagnosis Murder” and “Martial Law.” In “The Walk,” after an apocalyptic earthquake, a studio exec is making his way by foot from downtown […]
US ambassador to leave Moscow as tensions riseJohn Sullivan’s departure will leave both countries’ embassies without their top diplomats at key moment John Sullivan (left) shakes hands with the Russian president, Vladimir Putin, in Moscow in January 2020. Photograph: Alexander Zemlianichenko/AP
Credibly announces its second offering of asset-backed securities - the first ABS in the SMB lending space since the onset of the COVID-19 pandemic.
Revenue at Kering's Gucci fashion label rebounded strongly in the first quarter, adding to signs of a comeback for the broader luxury goods industry as COVID-19 restrictions ease in major markets like China and the United States. The Kering conglomerate's overall sales rose and Gucci, which accounts for 60% of Kering's revenues and 80% of its profits, posted comparable revenues up by 24.6%, ahead of analysts' consensus forecast for 19% growth. But fashion labels at Kering's arch-rival LVMH's, which include Louis Vuitton, performed even more strongly in the first quarter, and Bernstein analyst Luca Solca said this could potentially weigh on Kering's shares.
Apple Inc is fighting to retain control of the fast-growing podcasting market it popularized years ago but did not monetize, analysts and industry experts told Reuters. Nearly 16 years after Apple added the ability to find podcasts -- a portmanteau of "iPod" and "broadcasting" coined by a Guardian journalist -- to its iTunes software, the iPhone maker is fending off competition from streaming audio company Spotify. Apple announced on Tuesday Apple Podcast subscriptions, which will let users unlock new content and additional benefits like ad-free listening, said Apple Chief Executive Tim Cook during the presentation.
Chad’s president Idriss Déby dies from combat wounds, military says. Déby had ruled for 30 years and won a sixth term in elections last week
Social media sites warned over risky investment offers. City watchdog flags up platforms such as YouTube and TikTok in promoting investments to inexperienced consumers
Welcome to our live coverage of the huge news that 12 top clubs will form a breakaway European Super League. Late on Sunday night, 12 clubs confirmed they intend to join the Super League as founders. The Premier League’s ‘Big Six’ - Arsenal, Chelsea, Liverpool, Man City, Manchester United and Tottenham - will be joined by LaLiga trio Real Madrid, Barcelona and Atletico Madrid as well as Juventus, Inter Milan and AC Milan of Serie A, with plans for three more teams to join in future.
Da venerdì sarà disponibile su tutte le piattaforme digitali 'Genesi', il primo tassello del nuovo percorso musicale del cantautore Sergio Andrei con l’etichetta Purple Mix per Believe Music. 'Genesi' è il primo capitolo di un viaggio alla ricerca dell’Eden e della propria felicità, composto d’alternanze di strofe e ritornelli, che tracceranno un percorso di storie da raccontare che comporranno l’esclusivo concept album di Sergio Andrei, 'Pulp', in uscita il prossimo autunno. "Come suggerisce il nome, Genesi è un inizio. In questo caso è il primo brano del primo disco, per cui segna qualcosa nella mia vita e nella mia storia artistica - dice l'artista - riassumendo anche il ruolo che svolge la musica per me: esorcizzare la parte razionale e lasciarsi andare in una melodia, ballare e star male insieme. Urlare e sfogare concetti che hanno bisogno di volare. Come dicono due artiste contemporanee in una mostra fra Diluvio e Rinascita, 'Ad ogni diluvio segue sempre una rinascita, ad ogni genesi segue sempre un’erosione: cambiano gli ordini gerarchici, ma ogni cosa porta avanti la propria esistenza secondo un ciclo preciso". Questa non sarà solo un’uscita discografica, ma un vero e proprio racconto che verrà illustrato immagine dopo immagine, canzone dopo canzone, sulle piattaforme social dell’artista, realizzando così, come se fosse un 'magazine', la comunicazione visiva alle parole e la musica alle emozioni. Il disco è stato arrangiato da Umberto Scaramozza e Jacopo Troiani, ex compagni di accademia dell’artista e prodotto e mixato da Walter Babbini presso il Purple Mix Studio di Guidonia. Il progetto visivo è stato realizzato dal cantautore assieme alla sua famiglia artistica, sotto la guida del direttore artistico Giovanni Lo Castro, con le fotografie di Ludovico Pascoli e Mattia Cursi e video di Simone Mastronardi.
Focusing on ending these errors will help save the planet (and the contents of your wallet).