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Westlake Legal Group > News Corporation (Page 125)

Trump Volatility in Markets Is Back

Westlake Legal Group 03markets-promo-facebookJumbo-v4 Trump Volatility in Markets Is Back Stocks and Bonds International Trade and World Market

After weeks of relative calm and record highs, stocks in the United States fell Tuesday for the third straight day after President Trump’s comments on his China trade war rattled investors and revived some of the market volatility that has become a signature of the dispute between the world’s two largest economies.

Speaking in London, where he was attending a NATO meeting, Mr. Trump hinted that he was ready to wait until after the 2020 election to come to terms with China. During a wide-ranging appearance with Jens Stoltenberg, the NATO secretary general, Mr. Trump tamped down hopes that an agreement would be struck before the end of the year, telling reporters: “I have no deadline, no.”

On Wall Street, the remarks sent stocks lower. After falling more than 1 percent in early trading, the S&P 500 recovered a bit to finish the day down 0.7 percent.

The biggest drop was in energy shares, which are sensitive to the outlook for both the trade war and the slowdown in the global economy. Benchmark prices for American crude oil rose 0.3 percent to $56.10 a barrel.

For much of the last few months, stocks have inched upward, producing solid gains for investors.

The S&P 500 rose 2 percent in October, and 3.4 percent last month, in part because of rising confidence among investors that the Trump administration would want to make progress on the trade fight heading into an election year.

That climb, however, came with little indication that the fundamental outlook for corporate earnings or the economy has improved markedly, leaving stocks vulnerable to a pullback.

In the early days of December, some fear the pullback has arrived. Investors have grown restless about the lack of progress toward the so-called Phase 1 trade deal that was announced in October.

“That narrative of ‘Trump is definitely going to want to move toward resolution because 2020 is 12 months away’ is being questioned,” said Michael Purves, the chief executive at Tallbacken Capital Advisors, a market strategy and research firm.

Now, the looming imposition of an additional 15 percent tariff that the Trump administration planned for Dec. 15 is forcing investors to think hard about whether it’s a good time to take some of this year’s gains off the table.

The S&P 500 remains up more than 23 percent in 2019. Some major American companies have recorded huge gains. In tech, which has been under heavy public and political scrutiny, Apple is up 64 percent and Facebook has surged nearly 52 percent so far this year. The global conglomerate General Electric is also up 51 percent.

The tax scheduled to go into effect this month could be a heavier hit to the economy than previous rounds of tariffs. It would touch a further $160 billion of Chinese goods, including consumer products like smartphones, laptops and footwear. That could weaken what is currently the key pillar of growth for the United States: consumer spending.

Recent updates on other areas of the economy have suggested weakness. On Monday, a key gauge of industrial activity was weaker than expected, showing the sector contracted in November for the fourth consecutive month.

“I think there’s a little bit of a concern that we are just lagging the weakness in the global economy, and maybe we’re slowing down a little now,” said Michael O’Rourke, the chief market strategist at JonesTrading in Stamford, Conn.

In the first two trading days of December, stocks have fallen about 1.5 percent. That sell-off may provoke painful memories for investors. Last year, stocks were hammered by a 9 percent sell-off in December that culminated in a Christmas Eve plunge that nearly marked the end of the decade-old bull market for stocks.

Tuesday’s sell-off struck overseas markets in addition to the United States. France’s CAC 40 fell 1 percent and Britain’s FTSE 100 fell nearly 1.8 percent.

In Asia, China’s currency slipped after Mr. Trump made his remarks.

Investors moved money to the safety of American Treasury bonds, pushing prices up, and yields down. The yield on the 10-year Treasury note finished at 1.71 percent, a sharp drop from the previous day. Falling bond yields typically are seen to reflect declining expectation for economic growth and inflation among investors.

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Frothy, toxic foam covers famous beach

A popular beach in India has been knee-deep in frothy, toxic foam for the past few days.

This particular stretch of coast, known as Marina Beach in Chennai, reportedly sees tens of thousands of visitors daily and is the largest urban beach in India.

Although families with children have still been coming to the beach, experts warn that the foam, which forms every monsoon season, can cause skin problems.

“It is definitely not good for people to go into the foam but they just do not understand the risks,” said Pravakar Mishra, a scientist at the National Center for Coastal Research in Chennai who has seen the clouds of foam grow in recent years.

ROYAL DYNASTY FACIAL DEFORMITY KNOWN AS ‘HABSBURG JAW’ WAS CAUSED BY INBREEDING

Westlake Legal Group Toxic-Foam-Getty Frothy, toxic foam covers famous beach fox-news/world/world-regions/india fox-news/science/planet-earth/oceans fox news fnc/science fnc Christopher Carbone article 8a01c731-7ba6-5d6d-9d5e-5e5f341c1174

Residents play over foamy discharge, caused by pollutants, as it mixes with the surf at Marina beach in Chennai on December 1, 2019. (Getty Images)

TOXIC FOG BLAMED FOR HIGH MERCURY LEVELS IN MOUNTAIN LIONS

The foam is probably the result of a mixture of washing detergent residue and other waste that gets whipped into a froth by wind and waves during monsoon season.

According to AFP, only 40 percent of Chennai’s wastewater is treated, meaning that the rest of the sewage from the large city washes right into the sea.

Fishermen have also been warned to stay away from the water.

One fisherman told AFP that the value of the fish he catches has dropped to almost nothing.

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Air pollution has long been a problem in rapidly-developing India — at times forcing officials to declare a public health emergency in New Delhi, a city with more than 20 million residents.

Westlake Legal Group Toxic-Foam-Getty Frothy, toxic foam covers famous beach fox-news/world/world-regions/india fox-news/science/planet-earth/oceans fox news fnc/science fnc Christopher Carbone article 8a01c731-7ba6-5d6d-9d5e-5e5f341c1174   Westlake Legal Group Toxic-Foam-Getty Frothy, toxic foam covers famous beach fox-news/world/world-regions/india fox-news/science/planet-earth/oceans fox news fnc/science fnc Christopher Carbone article 8a01c731-7ba6-5d6d-9d5e-5e5f341c1174

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Gutfeld on ‘existential’ being word of the year

Westlake Legal Group 694940094001_6112142093001_6112141982001-vs Gutfeld on 'existential' being word of the year Greg Gutfeld fox-news/us/personal-freedoms/proud-american fox-news/shows/the-five/transcript/gregs-monologue fox-news/politics/elections fox-news/opinion fox news fnc/opinion fnc article 55636240-ee46-544d-b64e-5a81e35c0dfa

Dictionary.com has named “existential” its word of the year.

Why? Not because you used it, or because anyone in real life has used it since college. If you said ever said “existential” in college, it meant you weren’t a business major hoping for a real life. By which I mean a grown-up life with taxes, bills and brats.

That word was picked because desk-dwelling media types beat it to death.

‘EXISTENTIAL,’ ‘CLIMATE EMERGENCY’ CHOSEN AS WORDS OF THE YEAR

When they’re faced with good news, they just call Trump an existential threat. In the absence of a physical threat, they push a psychological one.

Just look at the measurable stuff, such as the economy, jobs and terrorism. You see all of the numbers trending positively. That leaves the media with just one option: push things that can’t be measured in order to predict gloom and doom.

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Remember, none of these smarty pants saw the internet as an existential threat to dictionaries. Or even bothered to look up the word “existential” in a dictionary. Yet., here they are, desperately competing for attention while the whole planet ignores them.

Which is why Oxford Dictionaries picked “climate emergency” as its word of the year, even though it’s two. Oxford said its use reflects the “ethos, mood, or preoccupations of the passing year.”

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Translation: it’s what rich, elite liberals parrot as they board planes for a holiday in France.

I remember when dictionaries were awesome. They contained words, not the politics of pretentious editors. Now they’re just like every other medium, full of anxious social climbers straining for relevance.

Adapted from Greg Gutfeld’s monologue on “The Five” on Dec. 3, 2019.

CLICK HERE TO READ MORE BY GREG GUTFELD

Westlake Legal Group 694940094001_6112142093001_6112141982001-vs Gutfeld on 'existential' being word of the year Greg Gutfeld fox-news/us/personal-freedoms/proud-american fox-news/shows/the-five/transcript/gregs-monologue fox-news/politics/elections fox-news/opinion fox news fnc/opinion fnc article 55636240-ee46-544d-b64e-5a81e35c0dfa   Westlake Legal Group 694940094001_6112142093001_6112141982001-vs Gutfeld on 'existential' being word of the year Greg Gutfeld fox-news/us/personal-freedoms/proud-american fox-news/shows/the-five/transcript/gregs-monologue fox-news/politics/elections fox-news/opinion fox news fnc/opinion fnc article 55636240-ee46-544d-b64e-5a81e35c0dfa

Real Estate, and Personal Injury Lawyers. Contact us at: https://westlakelegal.com 

Frothy, toxic foam covers famous beach

A popular beach in India has been knee-deep in frothy, toxic foam for the past few days.

This particular stretch of coast, known as Marina Beach in Chennai, reportedly sees tens of thousands of visitors daily and is the largest urban beach in India.

Although families with children have still been coming to the beach, experts warn that the foam, which forms every monsoon season, can cause skin problems.

“It is definitely not good for people to go into the foam but they just do not understand the risks,” said Pravakar Mishra, a scientist at the National Center for Coastal Research in Chennai who has seen the clouds of foam grow in recent years.

ROYAL DYNASTY FACIAL DEFORMITY KNOWN AS ‘HABSBURG JAW’ WAS CAUSED BY INBREEDING

Westlake Legal Group Toxic-Foam-Getty Frothy, toxic foam covers famous beach fox-news/world/world-regions/india fox-news/science/planet-earth/oceans fox news fnc/science fnc Christopher Carbone article 8a01c731-7ba6-5d6d-9d5e-5e5f341c1174

Residents play over foamy discharge, caused by pollutants, as it mixes with the surf at Marina beach in Chennai on December 1, 2019. (Getty Images)

TOXIC FOG BLAMED FOR HIGH MERCURY LEVELS IN MOUNTAIN LIONS

The foam is probably the result of a mixture of washing detergent residue and other waste that gets whipped into a froth by wind and waves during monsoon season.

According to AFP, only 40 percent of Chennai’s wastewater is treated, meaning that the rest of the sewage from the large city washes right into the sea.

Fishermen have also been warned to stay away from the water.

One fisherman told AFP that the value of the fish he catches has dropped to almost nothing.

GET THE FOX NEWS APP

Air pollution has long been a problem in rapidly-developing India — at times forcing officials to declare a public health emergency in New Delhi, a city with more than 20 million residents.

Westlake Legal Group Toxic-Foam-Getty Frothy, toxic foam covers famous beach fox-news/world/world-regions/india fox-news/science/planet-earth/oceans fox news fnc/science fnc Christopher Carbone article 8a01c731-7ba6-5d6d-9d5e-5e5f341c1174   Westlake Legal Group Toxic-Foam-Getty Frothy, toxic foam covers famous beach fox-news/world/world-regions/india fox-news/science/planet-earth/oceans fox news fnc/science fnc Christopher Carbone article 8a01c731-7ba6-5d6d-9d5e-5e5f341c1174

Real Estate, and Personal Injury Lawyers. Contact us at: https://westlakelegal.com 

Guy Fieri unveils ‘Baby Yoda’ mashup

Westlake Legal Group Guy-Fieri Guy Fieri unveils 'Baby Yoda' mashup Michael Hollan fox-news/food-drink/food/celebrity-chefs fox news fnc/food-drink fnc article a7c9f9f7-ba79-5ee6-b35f-7423d3f0f39b

Even “Baby Yoda” is a fan of diner food.

Since debuting on the Disney+ show “The Mandalorian” in November, “Baby Yoda” has become a massive hit and one of the most popular characters of the year. Even Guy Fieri is joining in on the fun.

The chef, famous for his show “Diners, Drive-Ins and Dives,” posted an image to his Instagram account of the alien infant altered to look like it was dressed up as Fieri.

The image was captioned, “Guy Fieri, I am. For America’s greatest Diners, Drive-Ins, and Dives I look,” obviously replicating Yoda’s famous pattern of speech.

While fans refer to the character as “Baby Yoda,” the creature’s official name has not yet been revealed — the character is often referred to as “the child.”

RESTAURANT HOLDS ‘GORDON RAMSAY NIGHT’ AFTER PRANKSTER CLAIMS FAMOUS CHEF IS SHOWING UP

Fieri has always been a fan of other people dressing up like him.

In October, he shared several images of fans dressing up as him for Halloween.

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The celebrity chef is known for his outlandish style — including fiery bowling shirts and platinum-blonde spiky hair — which apparently made for the perfect Halloween get-up, as people around the country flaunted their Fieri-fueled outfits on social media.

Fieri retweeted several images on his account, clearly thrilled with the results.

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In 2016, Fieri admitted to People that he finds the trend humorous.

“It’s cool. You gotta be able to laugh. You gotta be able to enjoy it,” he said.

Fox News’ Alexandra Deabler contributed to this report.

Westlake Legal Group Guy-Fieri Guy Fieri unveils 'Baby Yoda' mashup Michael Hollan fox-news/food-drink/food/celebrity-chefs fox news fnc/food-drink fnc article a7c9f9f7-ba79-5ee6-b35f-7423d3f0f39b   Westlake Legal Group Guy-Fieri Guy Fieri unveils 'Baby Yoda' mashup Michael Hollan fox-news/food-drink/food/celebrity-chefs fox news fnc/food-drink fnc article a7c9f9f7-ba79-5ee6-b35f-7423d3f0f39b

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Kamala Harris Says She’s Still ‘in This Fight,’ but Out of the 2020 Race

Senator Kamala Harris of California dropped out of the Democratic presidential race on Tuesday after months of low poll numbers and a series of missteps that crippled her campaign, a deflating comedown for a barrier-breaking candidate who was seeking to become the first black woman to win the presidency.

The decision came after weeks of upheaval among Ms. Harris’s staff, including layoffs in New Hampshire and at her headquarters in Baltimore, and disarray among her allies. She told supporters in an email on Tuesday that she lacked the money needed to fully finance a competitive campaign.

“My campaign for president simply doesn’t have the financial resources we need to continue,” Ms. Harris wrote. “But I want to be clear with you: I am still very much in this fight.”

The announcement is perhaps the most surprising development to date in a fluid Democratic presidential campaign where Ms. Harris began in the top tier. Her departure removes a prominent woman of color from a field that began as the most diverse ever in a Democratic primary, and raises the prospect that this month’s debate in Los Angeles will feature no candidates who aren’t white.

Ms. Harris opened her campaign on Martin Luther King’s Birthday with a rousing speech in her hometown, Oakland, Calif., before an audience of 20,000 people, drawing comparisons to history-making black politicians like Barack Obama and Shirley Chisholm.

The speech was a signal of the careful balance her campaign tried to strike throughout the year: leaning on her personal story as a daughter of Indian and Jamaican immigrants while positioning her policy preferences outside the party’s moderate and progressive ideological wings. Ms. Harris sought to focus on incremental and deliverable change rather than the type of systemic upheaval popularized by rivals like Senators Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont.

But almost immediately after her campaign began, she faced questions about her policy core that resulted in damaging news cycles. She reversed her position on single-payer health care, removing herself from the Medicare for All bill sponsored by Mr. Sanders. She struggled with how to frame her record as a prosecutor, oscillating between defending it against progressive criticism and embracing it in a play for more moderate votes.

On a conference call with donors, Ms. Harris said she arrived at the decision after conferring with her family over the Thanksgiving holiday. She stayed up meeting with advisers until 2 a.m. Tuesday, before concluding she had “no path” forward in the race, a person on the call said. Ms. Harris said she would have needed to raise $5 million in two weeks, a goal she described as impossible. “I just don’t want to bullshit you,” she said.

Over the weekend, after a New York Times story detailed problems within her campaign, Ms. Harris did a financial audit of her operation, according to a senior aide. One of Ms. Harris’s aides, who spoke with her about her decision to drop out, said that her instinct was to keep fighting but that she was told her campaign would have to go into debt in order to continue.

In her announcement Tuesday, Ms. Harris reaffirmed her commitment to her campaign’s unifying ideals. She is likely to immediately become a top-tier pick for the party’s vice-presidential nomination.

“Although I’m no longer running for president,” she said, “I will do everything in my power to defeat Donald Trump and fight for the future of our country and the best of who we are.”

Ms. Harris’s withdrawal will set off an arms race between the presidential campaigns still in the race, as they try to lap up her top-tier roster of endorsements and staff. Some of her donors have already begun to field calls from her rivals.

But it is unclear how Ms. Harris’s exit will aid any one candidate in polling, considering how her standing had declined in recent months. She and Ms. Warren were competing for many of the same voters earlier in the year, but ideological moderates like former Vice President Joseph R. Biden Jr. and Mayor Pete Buttigieg of South Bend, Ind., may seek a boost from her supporters in Iowa and New Hampshire.

Throughout her candidacy, Ms. Harris faced concerns about her political strategy and her campaign’s organizational structure. She relied on a stable of California political strategists, led by the longtime political operative Averell Smith, who did not heed warnings from grass-roots organizers to invest more heavily in early voting states like Iowa and New Hampshire. Instead, the campaign focused on later primaries in states with more nonwhite voters, including South Carolina and California.

They miscalculated. Mr. Biden remained popular with black voters, preventing the campaign from making significant headway in South Carolina. In California, Ms. Harris was increasingly boxed out, as progressives like Mr. Sanders and Ms. Warren excited the state’s liberal wing and Mr. Biden persisted among moderates.

Westlake Legal Group 2020-presidential-candidates-promo-1548014688187-articleLarge-v50 Kamala Harris Says She’s Still ‘in This Fight,’ but Out of the 2020 Race Race and Ethnicity Presidential Election of 2020 Harris, Kamala D Democratic Party Campaign Finance Blacks

Who’s Running for President in 2020?

Who’s in, who’s out and who’s still thinking.

Still, Ms. Harris had already qualified for the next presidential debate, scheduled for Dec. 19, the only non-white candidate to do so thus far. Without her, Democrats may have an all-white debate stage after beginning the primaries with the most racially diverse field in history, though candidates like Representative Tulsi Gabbard of Hawaii and the businessman Andrew Yang may still qualify in the coming days.

“No matter your candidate, you have to recognize that going from the most diverse field ever in January to a potentially all-white debate stage in December is catastrophic,” wrote Leah Greenberg, a co-executive director of Indivisible, a national progressive group, on Twitter.

It was on an earlier debate stage in June when Ms. Harris generated one of the most electric moments of the race so far, challenging Mr. Biden over his record on race and busing. “I do not believe you are a racist,” she began. Mr. Biden was so taken aback he cut his own answer short. “Anyway, my time is up. I’m sorry,” he said.

Money poured into her campaign and she spiked in the polls, rocketing to second place in several and generally peaking at 20 percent support. But her poll numbers declined steadily in the months that followed, beginning when she undercut her star turn when she had difficulty articulating her own position on mandated busing.

“She really showed the importance of having different perspectives on the debate stage,” said Amanda Hunter, research and communications director at the Barbara Lee Family Foundation, which supports women in politics and studies double standards. “Her personal story about being bused to school was something that a historically typical older white man would not bring to the conversation.”

But “there is still a very entrenched stereotype of what a presidential candidate looks like in this country,” Ms. Hunter said. “Simply by running, Senator Harris challenged that and broke down stereotypes. But a lot of the questions around electability and the challenges she faced were probably motivated by that entrenched stereotype that so many people held.”

Ms. Harris’s online fund-raising slowed in recent months and large donors increasingly turned toward other candidates. In the third quarter of the year, she spent more than $1.41 for every dollar she raised, burning through millions of her treasury. She stopped buying ads, both online and on television, slashed staff in New Hampshire and retrenched to Iowa, where she spent the Thanksgiving holiday with her family.

In the days leading up to her withdrawal from the race, as her campaign grew increasingly desperate, she surprised one donor who had hosted an event for her but is not a major Democratic bundler by telephoning him to see if he could reach out to his associates who had yet to give, in hopes of finding her additional checks. Another donor recommended to her that she leave the race.

Even as she struggled, Ms. Harris had assembled a coveted list of more than 130 bundlers who had raised at least $25,000 for her campaign, more than half of whom were from her home state of California, one of the deepest wells of Democratic cash. Ms. Harris canceled a scheduled fund-raiser with some of her top bundlers in New York on Tuesday just hours before the event. On Wednesday, she had been scheduled to attend an event in Los Angeles at the home of Sean Parker, the billionaire tech entrepreneur.

A pair of California-based Democratic strategists, Dan Newman and Brian Brokaw, had just secured the money and the implicit sign off from Ms. Harris’s campaign to begin a super PAC in support of her candidacy. The group, named People Standing Strong, was to begin a million-dollar ad buy in Iowa on Wednesday. Her campaign itself had been unable to afford ads in the state since September.

But it was not enough, as her campaign determined that she did not have the financial resources to continue. The group quickly began canceling its reservations.

In addition to the financial troubles, some of Ms. Harris’s supporters worried that a poor showing once voting began, particularly in the California primary, would leave Ms. Harris vulnerable to a Senate primary challenge in 2022.

Presidential candidates have dropped out after running out of money for decades, including Senator Kirsten Gillibrand and former Representative Beto O’Rourke earlier this year. In 2015, Scott Walker, then the governor of Wisconsin, famously flamed out of the Republican contest months before balloting began because he was short on cash. Two decades earlier, in 1995, Pete Wilson, then the governor of California, quit that race after falling into debt.

Ms. Harris’s former rivals for the Democratic nomination quickly expressed their admiration for her on Tuesday.

“Her campaign broke barriers and did it with joy,” Senator Cory Booker of New Jersey tweeted. “Love you, sister.”

Mr. Sanders thanked Ms. Harris “for running a spirited and issue-oriented campaign,” and Ms. Warren praised her “commitment to fighting for the people, for justice, and to holding Donald Trump accountable.” The former housing secretary Julián Castro called her “a lifelong fighter for opportunity and justice for all Americans.”

Mr. Biden, campaigning in Iowa, called Ms. Harris “a first-rate intellect, first-rate candidate, real competitor.” He walked away when a reporter asked whether he would consider Ms. Harris as a running mate.

Maggie Astor and Alexander Burns contributed reporting.

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Dennis Quaid says fourth marriage to 26-year-old fiancée Laura Savoie will be his ‘final’ one

Dennis Quaid is confident his next marriage will be his last.

The actor, 65, appeared on “The View” on Tuesday and was asked about his recent engagement to 26-year-old PhD student Laura Savoie, who is 39 years his junior.

When asked by co-host Joy Behar how he knew she was right for him, Quaid said, “I just know. I really found a partner in life.”

Behar also made a quip about how many times he’s been married before.

Quaid responded, “[This time is the] fourth and final — this is it.”

DENNIS QUAID SHOWS OFF LAURA SAVOIE’S ENGAGEMENT RING

“She’s really fantastic,” he added of his fiancée. “She has a double master’s right now in economics and business. She’s just a soulful, wonderful, beautiful person.”

The actor opened up to The Guardian last week about facing criticism for dating a younger woman.

“No, it really doesn’t bother us,” he insisted. “Everyone comes from the perspective of their own life and so I can’t comment on the way they feel; I can’t even get angry.”

DENNIS QUAID, 65, AND PHD STUDENT LAURA SAVOIE, 26, WILL MARRY WITHIN THE YEAR, STAR SAYS

Quaid also said it was never his intention to find someone Savoie’s age.

“I didn’t go out looking for an age gap or someone really younger than me,” he explained. “I met her at a business event and then the relationship developed.

Westlake Legal Group GettyImages-1186845682 Dennis Quaid says fourth marriage to 26-year-old fiancée Laura Savoie will be his 'final' one Jessica Napoli fox-news/entertainment/the-view fox-news/entertainment/events/marriage fox-news/entertainment/events/couples fox-news/entertainment fox news fnc/entertainment fnc article 3a17e4c7-5c39-5848-833f-15e5d1c7ce4d

Dennis Quaid and Laura Savoie attended Cash Fest in November. (Terry Wyatt/Getty Images for YouTube)

“You have no control over who you fall in love with,” he said. “I don’t fall in love easily. But I can’t let what a few people think control all that. I’ve been married three times and this is the final one, I know it is. I feel like I have a real partner in life.”

Quaid was previously dating longtime girlfriend Santa Auzina, whom he was last photographed with in December 2018, People magazine reported. The pair, who were together for a little over two years, began dating after Quaid split from his wife of 12 years, Kimberly Buffington, in 2016. The former couple, who shares twins, finalized their divorced in April 2018.

DENNIS QUAID OPENS UP ABOUT COCAINE ADDICTION, MARRIAGE TO MEG RYAN

Quaid was previously married to actress Meg Ryan, with whom he shares son Jack, 27, with. The 10-year marriage ended in 2001.

And before that, Quaid was married to actress P.J. Soles from 1978 until 1983.

Fox News’ Stephanie Nolasco contributed to this report.

Westlake Legal Group GettyImages-1182401834 Dennis Quaid says fourth marriage to 26-year-old fiancée Laura Savoie will be his 'final' one Jessica Napoli fox-news/entertainment/the-view fox-news/entertainment/events/marriage fox-news/entertainment/events/couples fox-news/entertainment fox news fnc/entertainment fnc article 3a17e4c7-5c39-5848-833f-15e5d1c7ce4d   Westlake Legal Group GettyImages-1182401834 Dennis Quaid says fourth marriage to 26-year-old fiancée Laura Savoie will be his 'final' one Jessica Napoli fox-news/entertainment/the-view fox-news/entertainment/events/marriage fox-news/entertainment/events/couples fox-news/entertainment fox news fnc/entertainment fnc article 3a17e4c7-5c39-5848-833f-15e5d1c7ce4d

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Hugely Incriminating Phone Records Suggest Giuliani Is F—ed

Westlake Legal Group UcbGYwFx9O_VXx3LDQsr5lKtYPviGWDlzjrKzbCwq3Q Hugely Incriminating Phone Records Suggest Giuliani Is F---ed r/politics

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Google’s Founders Step Aside as Sundar Pichai Takes Over Alphabet

Westlake Legal Group 03google-facebookJumbo Google’s Founders Step Aside as Sundar Pichai Takes Over Alphabet Pichai, Sundar Page, Larry Google Inc Brin, Sergey Appointments and Executive Changes Alphabet Inc

SAN FRANCISCO — Larry Page and Sergey Brin, the two Stanford University graduate students who founded Google more than two decades ago, said they were stepping down from executive roles at Google’s parent company, Alphabet.

Sundar Pichai, Google’s chief executive, will become the chief of both Google and Alphabet.

Mr. Page and Mr. Brin will remain directors on Alphabet’s board and the company’s two largest individual shareholders. Indeed, the men hold a majority of the company’s voting shares.

The move nevertheless signals an end of an era for Google. The two men have personified the company for more than 20 years, though they took a lesser role in day-to-day operations in 2015 when they turned Google into Alphabet, a holding company that also includes the self-driving car company Waymo among its pieces.

Since then, they have spent more time overseeing a variety of so-called other bets, like life-extension technology, while Mr. Pichai ran Google and its enormous search and advertising business.

“Today, in 2019, if the company was a person, it would be a young adult of 21 and it would be time to leave the roost,” the founders wrote in a public letter on Tuesday. “While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long, we believe it’s time to assume the role of proud parents — offering advice and love, but not daily nagging!”

The move also confirms the ascendancy of Mr. Pichai as one of tech’s most powerful people. While he has run the core Google business for four years, he still reported to Mr. Page, Alphabet’s chief executive, and Mr. Brin, its president.

Now he is the sole executive in charge of a company that has giant businesses in search, advertising, maps, smartphone software and online video, as well as a variety of fledgling bets in far-off areas like drone deliveries and internet-beaming balloons.

This is a developing story. It will be updated.

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Proposed Firearms Laws (Virginia) – Illegal Firearms

Day three of looking at the bills which several members of the Virginia General Assembly have proposed become laws restricting firearm ownership and use. From the Senate there are Bills 12, 14, 16, 18, and 22 from Senator Saslaw; 13 and 15 (Senator Ebbin); 35 (Senator Surovell); 51 (Senator Spruill); 67 (Senator McClellan); 69 (Senator Locke); & 70 and 71 (Senator Lucas).  From the House there are Bills 2 (Delegate Plum) and 9 (Delegate Bourne). As stated previously, I know that’s a ton of bills; I expect many to fail, get changed, get merged, etc. Generally, I would wait until the actual laws have been passed. However, because of the great amount of interest I’m going to look at these as they are in their larval bill state.

Illegal Firearms: This comes from SB16, proposed by Senator Saslow. It’s a fairly sweeping change in the definitions of what firearms are illegal.

Assault Firearm: 18.2-308.8

This statute currently only makes the Stryker 12 “Streetsweeper” shotgun illegal. If the bill passes as written, it will create a class of firearms known as “assault firearms” and those will be illegal to possess.

Rifles and Pistols

To begin with, nothing in this statute has anything to do with revolvers. So, if you’re sporting the Dirty Harry Special (.44 Magnum) you don’t own an “assault firearm.”

For both rifles and pistols, this is about all about firearms with either detachable or fixed magazines. Detachable magazines are self explanatory, but there’s no definition in the statute for a “fixed” magazine. The common sense definition for this would be a firearm with an internal storage capacity. However, after doing some research, apparently this also means a semi-detachable magazine. As best I can tell, this would mean that the magazine cannot be ejected as normal by simply hitting a button on the side of the firearm and letting the magazine fall out. Instead, the magazine is held in place until a tool is used to remove it or the magazine is held in place until the rifle is broken open.

Under subsections (A)(1) and (3), if your “fixed” magazine is limited to ten rounds, there are no limitations as to what modifications you can do to your rifle or pistol or what cool stuff can be attached to it.

Subsections (A)(2) and (4) set out a two part test to declare a rifle or pistol an “assault firearm.”

1.  Does the firearm have the ability to accept a detachable magazine?”

and


2.  Does it have any single one of the following?


Rifle Pistol
Folding / Telescoping Stock Folding / Telescoping Stock
Thumbhole Stock Thumbhole Stock
A Handgrip for Non-Shooting Hand A Handgrip for Non-Shooting Hand
Bayonet Mount Capacity for a Non-Handgrip Magazine
Grenade Launcher A Shroud to Protect Non-Shooting Hand
Flare Launcher Weighs 50 oz. or more
Silencer Threaded Barrel which can attach
Flash Suppressor      ~ Silencer
Muzzle Brake      ~ Flash Suppressor
Muzzle Compensator      ~ Barrel Extender
Threaded Barrel which can attach
the last four items
     ~ Forward Handgrip
Anything similar to the above Anything similar to above



There’s a fair bit of the above that’s humorous. Interestingly, your pistol can have a silencer, flash suppressor, and barrel extender as long as it doesn’t screw on. Human ingenuity being what it is, I would expect clips or something similar to fill that gap. Or the pistol could simply be built with them. Are bayonets a serious issue? I don’t remember hearing bayonets were a serious issue at any of the shooting events and mainly it’s been a reason to make fun of USA Today for thinking AR-15 owners use chainsaw bayonets: “Sometimes I think the gun rights crowd is too hard on the media, and then I see stuff like this.” I did learn some new things looking through this. I didn’t know there were civilian models of M203’s and when I looked up thumbhole stocks for pistols, certain that was a ridiculous idea, I got introduced to the concept of AR-15 pistols which apparently can have such a stock; it seems like a stupid concept, but it’s a concept.



Shotguns


Under subsection (5) you cannot have a shotgun “with a revolving cylinder” which I’m pretty sure is supposed to cover the Striker 12 and its knockoffs.


Subsection (6) sets out a two part test to declare a shotgun an “assault firearm.”


1.  Is the shotgun semi-automatic?


and


2.  Does it have any single one of the following?


Shotgun
Folding / Telescoping Stock
Thumbhole Stock
Pistol Grip 
Detachable Magazine
Fixed Magazine Over 7 Rounds
Anything Similar to the Above



Parts are a Firearm  – Any parts that can be used to change a firearm into an assault firearm or which can be assembled into an assault firearm are an assault firearm.

Exclusions:



1.  Rendered permanently inoperable.

2.  Antique.

3. Curio or Relic.

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