Headline News

  • United Airlines makes changes to boarding policies

    April 27 (UPI) — United Airlines revealed its version of the April 9 incident in which a passenger was forcibly removed from a plane on Thursday, and listed customer service changes. In the “Review and Action Report,” the airline explains how maintenance problems obligated the airline to place a flight crew of four aboard Flight 3411, traveling from Chicago Louisville, thus making the plane overbooked and the airline searching for volunteers to give up their seats. When none volunteered, the airline selected passengers to leave the plane; one, reluctant to leave, was injured as he was dragged down the plane’s aisle by law enforcement officials, while cellphones recorded the incident. “We can never apologize enough for what occurred and for our initial response that followed,” United’s statement says. It adds that “concrete and meaningful actions” have been articulated to “become a more customer-focused airline.” The report includes a 10-point list outlining the company’s new policies, …

    April 27, 2017 6:44 am


  • Republicans take next step in U.S. deregulation with Senate bill

    WASHINGTON Republican lawmakers launched the next round in their fight against federal regulation on Wednesday, helped by at least one Democrat, as the U.S. Senate began work on legislation to change nearly every step agencies take in creating and applying new rules. Republicans have said they deem lightening federal regulation, which they consider costly and burdensome, as much a priority as overhauling healthcare and rewriting the tax code. For most of President Donald Trump’s first 100 days, the Republican-led Congress attacked regulation by passing resolutions to wipe some of former Democratic President Barack Obama’s rules off the books under the Congressional Review Act. Trump also ordered agencies to scrap two existing rules every time they enact a new one. Just before Trump’s January inauguration, the House of Representatives passed the “Regulatory Accountability Act,” combining a half dozen bills to radically change government regulation. On Wednesday, Senator Rob Portman, a Ohio Republican, and Senator Heidi Heitkamp, …

    April 27, 2017 7:25 am


  • The Biggest Loser: Seagate Technology Tumbles 17%

    Seagate Technology (STX) tumbled to the bottom of the SP 500 today after beating earnings forecasts but offering below-consensus fourth-quarter sales guidance. Agence France-Presse/Getty Images Seagate Technology dropped 17% to $42.01 today, while the SP 500 dipped 0.1% to 2,387.45. FBN’s Shebly Seyrafi maintains his Outperform rating on Seagate Technology despite today’s plunge: So why do we remain bullish? Please note that TTM free cash flow is $1.47B, which is ~10% of the current stock price. This is allowing the company to offer investors a $.63 quarterly dividend, which translates into roughly a 6% dividend yield. [Cloud service providers, or CSPs,] are looking to come back in CH2, which should help the company’s (higher-margin) enterprise business. NG opex, which was $443M last quarter, is expected to go to $430M this quarter and to $400M by the end of C2017. This should help drive operating margin expansion and almost double-digit EPS growth in F2018. Seagate Technology’s market capitalization …

    April 27, 2017 5:42 am


  • Anatomy of a Little League homer

    3:05 AM ET Facebook Twitter Facebook Messenger Pinterest Email print comment BALTIMORE — To heck with the math. According to the math, and the experts who like to use it to crunch numbers and make projections, the Baltimore Orioles weren’t supposed to be very good this season. According to the math, they were supposed to win anywhere from not a lot of games to slightly more than not a lot of games. According to the math, they were supposed to be an afterthought in the AL Beast. Instead, they have the second-best record in the Son of Senior Circuit. Are the O’s a mirage? Maybe. After all, we’re only at the one-eighth mark (is that even a thing?). Not to mention, their ho-hum run differential (plus-9) suggests they should be barely above .500 (a Pythagorean 11-9 record). Then again, the same thing happened last season too, when Buck Showalter’s club parlayed a surprisingly hot start …

    April 27, 2017 3:40 am

World News

  • Syria accuses Israel of bombing outpost near Damascus

    April 27 (UPI) — A Syrian regime official said Israel targeted a military position southwest of the Damascus International Airport on Thursday, causing damage. The Syrian military official said the airstrikes damaged a fuel tank and warehouses but did not say if there were casualties, state-run Syrian Arab News Agency reported. The official said Israel launched the attack to boost the morale of terrorists — the umbrella term for any force fighting against President Bashar al-Assad‘s regime, which includes rebels and the Islamic State. The Syrian Observatory for Human Rights monitor group reported a source said a huge explosion shook the airport and that the airstrikes may have struck a weapons depot near the airport that is believed to belong to Lebanon’s Hezbollah. Israel said the explosion was “consistent” with its policy to prevent Iran smuggling weapons to Hezbollah but stopped short of claiming responsibility for the bombing. Iran, Russia and Hezbollah support Assad’s regime. …

    April 27, 2017 6:44 am


  • Classic BlackBerry gets Android revival

    The classic BlackBerry smartphone with a physical keyboard has been given a 2017 makeover. The BBC’s Chris Foxx asked Gareth Hern from BlackBerry Mobile what he hoped would draw consumers back to the smartphone brand.

    April 27, 2017 6:44 am


  • Facebook Launches “Moon Shot” Effort to Decode Speech Direct from the Brain

    As if Facebook wasn’t already pervasive enough in everyday life, the company’s newly formed Building 8 “moon shot” factory is working on a device they say would let people type out words via a brain–computer interface (BCI). If all goes according to plan—and that’s a big if—Building 8’s neural prosthetic would strap onto a person’s head, use an optical technique to decode intended speech and then type those thoughts on a computer or smartphone at up to 100 words per minute. This would be an order-of-magnitude faster than today’s state-of-the-art speech decoders. The use of light waves to quickly and accurately read brain waves is a tall order, especially when today’s most sophisticated BCIs, which are surgically implanted in the brain, can translate neural impulses into binary actions—yes/no, click/don’t click—at only a fraction of that speed. Still, Facebook has positioned its Building 8 as an advanced research and development laboratory launched in the model of …

    April 27, 2017 6:24 am


  • Synairgen loses half its value as AstraZeneca dumps drug

    LONDON British biotech firm Synairgen lost nearly half its value on Thursday as partner AstraZeneca pulled the plug on an experimental drug designed to help patients fight common cold viruses. AstraZeneca announced the decision to discontinue development of the inhaled interferon therapy, licensed from Synairgen, alongside its quarterly results. The drugmaker had hoped to develop the medicine for vulnerable patients with asthma and chronic lung disease, but it will now return rights to the product, known as AZD9412, to Synairgen. Synairgen had licensed the drug to AstraZeneca in 2014 in a deal worth $232 million. Serious doubts about the product emerged in October 2016, however, when AstraZeneca stopped a mid-stage clinical study. Synairgen shares were down 47 percent by 1000 GMT, valuing the group at around 12.5 million pounds ($16 million). ($1 = 0.7751 pounds) (Reporting by Ben Hirschler; editing by Jason Neely)

    April 27, 2017 6:03 am


  • Bollywood star Vinod Khanna dead at 70

    April 27 (UPI) — Vinod Khanna, a veteran Bollywood actor and Indian politician has died at the age of 70. Khanna died Thursday after losing his battle to advanced bladder cancer, CNN reported, citing a statement from the HN Reliance Foundation and Research Centre in Mumbai. The actor was hospitalized last month due to “severe dehydration” reported the Hindustan Times. A photo featuring Khanna appearing very frail and needing the help of his family to stand went viral on social media. “Dad was hospitalized on Friday for severe dehydration. The situation was quickly brought under control, he’s doing much better and the doctors are looking to discharge him soon,” Khanna’s son Rahul said in a statement at the time without commenting on the photo. “Our family is most grateful for the extraordinary care he’s been receiving at the hospital and we are touched by all the good wishes pouring in,” he continued. Khanna is best …

    April 27, 2017 7:05 am


  • Gov. Bevin: Forget liberal media spin, Trump can tout lots of accomplishments on Tuesday night

    I was in Washington, D.C. this weekend attending a meeting of the National Governors Association. On February 28, a day after our meetings conclude, President Trump will address a joint session of Congress. Despite an unprecedented level of criticism from the largely liberal media, much of it unwarranted and unfair, the president will have many impressive accomplishments to talk about during his speech. Many of these will have direct, positive impacts in my home state of Kentucky and throughout the United States.  For example, President Trump signed a bill that will roll back the Obama administration’s last minute “stream protection rule.” Though the rule was given a name that sounds beneficial, it would have escalated the “war on coal” resulting in the elimination of tens of thousands of coal mining jobs. Many of the so-called protections in the rule were already addressed by sections of the Clean Water Act. What’s more, the Obama Department of the Interior failed to adequately consult with states while drafting the rule. Instead, they …

    February 28, 2017 4:04 am

Odd News

  • Questions mount after hammock freak accident

    NEW YORK — A large hammock fell from a Lower Manhattan building and crashed onto a tourist on the sidewalk Tuesday, and a day later, questions were mounting about whether it all should have been prevented. CBS New York spoke with the Department of Buildings on Wednesday. Being knocked to the ground by a long hammock with a wooden base was certainly not on a 48-year-old woman from the United Kingdom’s list of things to experience while touring New York City. But that was exactly what happened to the woman as she walked in downtown Manhattan with her husband during heavy rains and wind at 5 p.m. Tuesday. The hammock fell 50 feet from the TriBeCa House residential building. “You heard a loud, big bang,” one witness told CBS New York on Tuesday night. “Not just your typical bang, but a loud boom. You think, happening near the World Trade Center you have to be …

    April 27, 2017 2:59 am