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The logo of cryptocurrency exchange Binance displayed on a smartphone with the word "cancelled" on a computer screen in the background.Budrul Chukrut | SOPA Images | LightRocket via Getty ImagesBinance said Monday that it is temporarily pausing bitcoin withdrawals "due to a stuck transaction causing a backlog."At first, Binance founder and CEO Changpeng Zhao said in a tweet that the issue would be fixed within 30 minutes. But he later amended that to say, "Likely this is going to take a bit longer to fix than my initial estimate." He added that, "[t]his is only impacting the Bitcoin network," and that holders "can still withdraw Bitcoin on other networks like BEP-20.""Funds are SAFU," he added. The acronym stands for "secure asset fund for users," which is a fund the company established in 2018 to help safeguard users.The news comes as bitcoin tumbled more than 10% on Monday, breaking below $24,000 and sinking to the lowest level since December 2020.The largest cryptocurrency has been hit by macroeconomic concerns, including rampant inflation.Binance is the world's largest crypto exchange. The company handles spot trading volumes of more than $14 billion and nearly $50 billion in derivatives volume in a single day, according to data from CoinGecko.- CNBC's Ryan Browne contributed reporting.

Binance pauses bitcoin withdrawals due to a 'stuck transition' as crypto sell-off deepens.

Police officers, some in riot gear, guard a group of men, who police say are among 31 arrested for conspiracy to riot and are affiliated with the group Patriot Front, after they were found in the rear of a U Haul van in the vicinity of a Pride event in Coeur d'Alene, Idaho, U.S. June 11, 2022 in this still image obtained from a social media video. North Country Off Grid/Youtube/via REUTERS Register now for FREE unlimited access to Reuters.comJune 13 (Reuters) - Thirty-one members of the white nationalist group Patriot Front were expected to appear in an Idaho court on Monday for an arraignment following their weekend arrest on suspicion of plotting to violently disrupt an LGBTQ pride event.The men, arrested on Saturday after the U-Haul rental truck they were riding in was pulled over, face misdemeanor charges of conspiracy to riot and possibly additional offenses, according to Lee White, the police chief in Coeur d'Alene, Idaho.A local resident called authorities after spotting the group of men, all dressed alike with white gaiter-style masks and carrying shields, loading themselves into the truck "like a little army," White told reporters following the arrests.Register now for FREE unlimited access to Reuters.comHe said the truck was stopped by police about 10 minutes after the call a short distance from the "Pride in the Park" event in Coeur d'Alene, an Idaho Panhandle city about 380 miles north of the capital, Boise, and about 36 miles east of Spokane, Washington.Video taken at the scene of the arrest and posted online showed a group of men in police custody, kneeling next to the truck with their hands bound, wearing similar khaki pants, blue shirts, white masks and baseball caps.Police officers seized at least one smoke grenade, a collection of shields and shin guards and documents that included an "operations plan" from the truck, all of which made their intentions clear, White said."They came to riot downtown," he said.The men had come from at least 11 states across the country, White said, including Texas, Colorado and Virginia.The Patriot Front formed in the aftermath of the 2017 white nationalist "Unite the Right" rally in Charlottesville, Virginia, breaking off from another extremist group, Vanguard America, according to the Southern Poverty Law Center, which tracks hate groups.Saturday's pride event, described by organizers as the largest ever seen in North Idaho, drew a crowd of several hundred people for festivities that included a talent show and drag queen dance hour, local media reported.KREM-TV in Spokane reported several smaller groups turned out to protest the gathering, with dozens of individuals seen carrying guns on the fringe of the park in what organizers said was an attempt to intimidate those attending the LGBTQ event.Register now for FREE unlimited access to Reuters.comReporting by Joseph Ax; Editing by Daniel Wallis and Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

White nationalist group members face riot-planning charges in Idaho court.

A woman walks past a row of cash machines outside a branch of Lloyds Bank in Manchester, Britain, February 21, 2017. REUTERS/Phil NobleRegister now for FREE unlimited access to Reuters.comLONDON, June 13 (Reuters) - Britain's biggest domestic bank Lloyds (LLOY.L) told staff on Monday it would give the vast majority of them a one-off 1,000 pound ($1,220) payment to help combat the soaring cost of living.The offer has been made to around 64,000 of the lender's staff, with executives and senior managers exempted from the payout, according to a memo seen by Reuters.The move highlights the pressures on employers to help mitigate the impact of price rises on staff, with inflation in Britain forecast by the Bank of England to top 10% later this year. read more Register now for FREE unlimited access to Reuters.comLloyds said in the memo the one-off payments would be made in August, adding it would factor in the economic picture into its pay negotiations with employees for 2023.Employee union Unite had demonstrated outside Lloyds' annual general meeting in Edinburgh in May to highlight the plight of bank staff struggling with the costs of food, fuel and heating."Staff will welcome the 1,000 pound bonus but there is still a long way to go to eradicate low pay in what is one of the economy's most profitable sectors," said Sharon Graham, Unite's general secretary.($1 = 0.8189 pounds)Register now for FREE unlimited access to Reuters.comReporting by Iain Withers Editing by Lawrence White and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Lloyds to give staff 1,000 pounds to ease cost of living crisis.

The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid.Register now for FREE unlimited access to Reuters.comBRUSSELS, June 13 (Reuters) - Amazon (AMZN.O) has offered to share marketplace data with sellers and boost the visibility of rival products on its platform, trying to persuade EU antitrust regulators to close their investigations without a fine by the end of the year, people familiar with the matter said.The world's largest online retailer is hoping its concessions will stave off a potential European Union fine that could be as much as 10% of its global turnover, Reuters reported last year. read more The European Commission in 2020 charged Amazon with using its size, power and data to push its own products and gain an unfair advantage over rival merchants that sell on its online platform.Register now for FREE unlimited access to Reuters.comIt also launched an investigation into Amazon's possible preferential treatment of its own retail offers and those of marketplace sellers that use its logistics and delivery services.Amazon's process for choosing which retailer appears in the "buy box" on its website and which generates the bulk of its sales also came under the spotlight.Amazon has now proposed to allow sellers access to some marketplace data while its commercial arm will not be able to use seller data collected by its retail unit, the people said.The company will also create a second buy box for rival products in the event an Amazon product appears in the first buy box, the people said.The EU competition enforcer is expected to seek feedback from rivals and users in the coming weeks, which could lead to tweaks in the proposal and a final decision by the end of the year, the people said.The Commission and Amazon declined to comment. The company had previously said it disagreed with the watchdog's assertions and that it represents less than 1% of the global retail market.Register now for FREE unlimited access to Reuters.comReporting by Foo Yun Chee Editing by Emdund Blair and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Amazon offers to share data, boost rivals to dodge EU antitrust fines - sources.

An unexploded shell from a multiple rocket launch system is seen stuck in the ground, as Russia's attack on Ukraine continues, in the town of Lysychansk, Luhansk region, Ukraine June 10, 2022. REUTERS/Oleksandr RatushniakRegister now for FREE unlimited access to Reuters.comHELSINKI, June 13 (Reuters) - Finnish President Sauli Niinisto said on Monday both sides in the war in Ukraine were using heavier weapons, including in Russia's case thermobaric bombs."We are supporting Ukraine with increasingly heavy weaponry. And on the other hand Russia has also begun to use very powerful weapons, thermobaric bombs that are in fact weapons of mass destruction," Niinisto said during security policy talks at his summer residence in Naantali, Finland.Ukraine and NATO countries have also accused Russia of using thermobaric bombs, which are also known as vacuum bombs and are much more devastating than conventional explosives.Finland and neighbouring Sweden have applied to join NATO following Russia's invasion of Ukraine on Feb. 24.Register now for FREE unlimited access to Reuters.comReporting by Anne Kauranen Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Both sides using heavier weapons in war in Ukraine, says Finnish president.

courtneyk | E+ | Getty ImagesThis week is the last chance to bypass a tax penalty if you're earning money and the IRS still hasn't received its share, according to the agency.While some employees pay taxes through withholdings, everyone else must make a second-quarter estimated payment by June 15 — and you're on the hook with income from self-employment, small businesses, gig economy work, investments and more.You may also make quarterly payments if you haven't been withholding enough from your paychecks and want to avoid a tax bill next April.More from Personal Finance:Why saving in a 401(k) plan may be tough for frequent job switchersHere's how to fight a higher-than-expected property tax billHere are changes Americans are willing to make to fix Social Security"Everyone needs to pay taxes," said certified financial planner Bryan Hasling, partner at Lodestar Private Asset Management in Alamo, California. "And the IRS strongly prefers that you pay them steadily across the year as opposed to waiting until the last minute."The fastest way to make a quarterly estimated tax payment is through IRS DirectPay or sending money through your IRS online account. However, there are other available options listed at the IRS online payments webpage.The late-payment penalty is 0.5% of your balance due, for each month after the due date, up to 25%.If your employer withholds money from each paycheck, you can skip estimated tax payments. But you can use the withholding estimator tool to make sure your employer is taking enough.You can avoid penalties by covering 90% of your 2022 taxes or paying 100% of your 2021 bill if your adjusted gross income is $150,000 or less. (You'll need 110% of your 2021 bill if you earn more than $150,000.)If you expect to have a similar income to last year, you can check your 2021 return for last year's tax liability and divide that number into four quarterly payments.Independent contractors often get paid at the end of large projects. And those timelines might not line up with quarterly schedules from the IRS.Bryan HaslingPartner at Lodestar Private Asset ManagementOther scenarios that may require estimated tax payments could be selling a property, cashing out investments — including cryptocurrency — or taking money from inherited retirement accounts, said Olga Espiritu, a CFP and president of Tree Of Life Wealth Advisory Group in Cooper City, Florida. "Those are things that people don't usually deal with every year, and they might come as a surprise," she said. Skipping paymentsHowever, there may be some scenarios where filers purposely skip estimated payments, despite the late fee, because they don't have the cash or prefer not to drain their savings, Hasling from Lodestar Private Asset Management said. "Independent contractors often get paid at the end of large projects," he said. "And those timelines might not line up with quarterly schedules from the IRS."Whether to make estimated tax payments may be less about the penalty and more about their cash flow, Hasling said.

The last chance for some tax filers to avoid late penalties is June 15.

Warren Buffett, left, and his eldest son, Howard G. BuffettPeter Kramer | NBC | Getty ImagesHoward Buffett, son of billionaire investor Warren Buffett, is donating millions of dollars from his foundation in support of Ukraine after meeting with President Volodymyr Zelenskyy.The Howard G. Buffett Foundation donated $2.7 million to the citizen-funded nonprofit Spirit of America, which is delivering nine 50-passenger buses to the Ukrainian Territory Defense Forces. The Buffett Foundation's donation also funded 375 advanced trauma kits for Ukrainians on the front lines."I've never quite seen anything like this in my lifetime," Buffett said on CNBC's "Squawk Box" Monday. "It's millions of refugees trying to leave the country and it's just an overwhelming situation for the country... I believe we've got to support Ukraine in this fight. It's a difficult fight for them."Buffett, the chairman and CEO of Howard G. Buffett Foundation as well as a director at Berkshire Hathaway, met with Zelenskyy on Wednesday in Ukraine capital Kyiv."We appreciate this signal of solidarity," Zelenskyy said in a tweet Wednesday. "Expressed gratitude for the humanitarian support. Invited him to join projects on restoring irrigation systems in the Odesa region, demining and school nutrition reform."Russia's forces invaded Ukraine in February, with the conflict now turning into a town-by-town fight as Russia tries to consolidate territory in the east. The U.S. has been sending Ukraine military assistance, including advanced rocket-launcher systems and missiles.The Howard G. Buffett Foundation was established in 1999 and has been fighting conflicts, food insecurity and human trafficking among the world's most impoverished and marginalized populations. It had $529 million in assets at the end of 2020.Warren Buffett has pledged to give away all of his Berkshire shares through annual gifts to the Bill & Melinda Gates Foundation, Howard G. Buffett Foundation and others.Howard Buffett is expected to eventually succeed his father as Berkshire chairman to preserve its unique culture.

Warren Buffett’s son donates $2.7 million for Ukraine aid after meeting with Zelenskyy.

U.S. Defense Secretary Lloyd Austin reviews an honour guard as he meets with Thailand's Prime Minister and Minister of Defense Prayuth Chan-ocha (not pictured) during his official visit to Thailand, in Bangkok, Thailand, June 13, 2022. REUTERS/Athit PerawongmethaRegister now for FREE unlimited access to Reuters.comBANGKOK, June 13 (Reuters) - U.S. Defense Secretary Lloyd Austin said on Monday that his meeting with China's defense minister was an important step in efforts to develop lines of communication between the two militaries.Austin and Chinese Defence Minister General Wei Fenghe met on the sidelines of the Shangri-La Dialogue security summit in Singapore for nearly an hour on Friday, with both sides standing firm on their opposing views over Taiwan's right to rule itself. read more Despite tensions between the United States and China, U.S. military officials have long sought to have open lines of communication with their Chinese counterparts to be able to mitigate potential flare-ups or deal with any accidents.Register now for FREE unlimited access to Reuters.com"It was an important step in our efforts to develop open lines of communication with PLA (People Liberation Army) leadership ... It was an important opportunity to raise our concerns about the potential for instability in the Taiwan Strait," Austin told reporters during a visit to Thailand.The United States is Taiwan's most important international supporter and arms supplier, a source of constant friction between Washington and Beijing.China, which claims self-ruled Taiwan as its own territory, has increased military activity near the island over the past two years, responding to what it calls "collusion" between Taipei and Washington.In a speech on Sunday, Wei said it was up to the United States to improve the bilateral relationship with his country, as ties were at a critical juncture. read more Austin said in his speech at the meeting on Saturday that there had been an "alarming" increase in the number of unsafe and unprofessional encounters between Chinese planes and vessels with those of other countries. He added that the United States would stand by its allies, including Taiwan.Register now for FREE unlimited access to Reuters.comReporting by Idrees Ali. Additional reporting by Martin Petty; Editing by Catherine Evans and Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

China meeting a step in effort to develop lines of communication, U.S. defense secretary says.

48 Hours Updated on: June 13, 2022 / 8:47 AM / CBS News CBS News' Richard Schlesinger announces his retirement CBS News correspondent Richard Schlesinger announces his retirement 09:01 After 38 years, correspondent Richard Schlesinger is retiring from CBS News. Schlesinger is widely regarded as one of the best writers and interviewers in the business. Throughout his career, Schlesinger contributed to every platform in the news division, but spent most of his time reporting for "48 Hours" and "CBS Sunday Morning." "His reactions would amplify the point of every sound bite. With a glance, Richard could communicate a thousand words," said "48 Hours" executive producer Judy Tygard. CBS News "We all learned so much from Richard," says "48 Hours" executive producer Judy Tygard. "His writing was spare, beautiful and razor-sharp. His interview style was knowing exactly when and how to ask a simple question to elicit an outsized response. His reactions would amplify the point of every sound bite. With a glance, Richard could communicate a thousand words. He always treated characters and colleagues with respect. In our downtime, his observational humor made us howl with laughter."  Richard Schlesinger reporting from Nicaragua. He joined CBS News in 1984 as a reporter in the network's Miami bureau, where he covered stories throughout the southeastern U.S. and South America. He moved to the CBS News northeast bureau in 1987. CBS News Schlesinger joined CBS News in 1984 as a reporter in the network's Miami bureau, where he covered stories throughout the southeastern U.S. and Latin America.  He's been a reporter for the "CBS Evening News" and occasionally anchored for the network's morning news and "CBS Weekend News."  He was witness to some of the most important world events, including the fall of the Berlin Wall, 9/11, and the war on terror.  Richard Schlesinger was witness to some of the most important world events: the fall of the Berlin Wall, 9/11 and the war on terror. CBS News "Richard Schlesinger is the epitome of a CBS News journalist," said Neeraj Khemlani, president and co-head of CBS News and Stations. "He's a great writer. He's a terrific interviewer. He knows how to tell a story that keeps you on the edge of your seat. For nearly four decades, Richard has had an impact on our audiences. He's also left an indelible impression on the journalists who followed him. Though he's retiring, we know his influence will be felt here for years to come." Throughout his career at CBS News, Richard Schlesinger, second from left, contributed to every platform in the news division, but spent most of his time reporting for "48 Hours" and "CBS Sunday Morning." CBS Schlesinger's work has been acknowledged with two Alfred I. duPont-Columbia Awards and 10 Emmy Awards. He earned his first duPont-Columbia Award for his work on the 1997 documentary "CBS Reports: Enter the Jury Room." It marked the first time network television cameras were given access to jury deliberations. He was also part of the "48 Hours" team coverage of the Newtown, Conn., elementary school shooting, which earned CBS News a 2014 duPont-Columbia award. Richard Schlesinger greets Anthony Graves, left, after Graves' release from prison in 2010 after being wrongfully convicted of capital murder and spending nearly two decades in jail. CBS News Schlesinger says one of the most meaningful awards he's received was an Emmy honoring his reporting on the case of Anthony Graves for "48 Hours." Graves was a Texas man wrongfully convicted of murder. He spent 18 years in prison, most of that time on death row. Schlesinger witnessed Graves' emotional release from custody, writing, "And his first stop is home to his sons who had grown up without him, and at long last to an embrace with his mother — the first in 18 years."   Schlesinger's reporting helped Anthony Graves in his fight to be compensated for all those lost years.  There wasn't a story Richard Schlesinger couldn't tell, and "CBS Sunday Morning" showed his range.  "Richard is truly a virtuoso. A one-of-a-kind correspondent with a singular story sense," said Rand Morrison, executive producer of "CBS Sunday Morning." CBS News Schlesinger is also known for his incredible range. There didn't seem to be a story he couldn't tell. He moved easily from law and justice reporting for "48 Hours" to his work on "CBS Sunday Morning," delivering memorable pieces on everything from the resurgence of Yiddish to a celebrity profile of Liza Minnelli.  "Richard is truly a virtuoso. A one-of-a-kind correspondent with a singular story sense," said Rand Morrison, executive producer of "CBS Sunday Morning." "His wry wit, spot-on interviews and literate (and delightfully whimsical) writing style put him in a class of his own. It's too often said that 'no one can replace'  an outgoing figure in our industry. In Richard's case, it's absolutely true." No tribute would be complete without a mention of Richard Schlesinger's true love—flying. He found a way to combine his piloting skills with his reporting in an episode of "48 Hours." CBS News Schlesinger even found a way to combine his two great passions — reporting and flying — in an episode of "48 Hours." There was Schlesinger on camera at the controls of a plane testing the theory of a crime.  It was alleged a man may have been pushed out of a private plane in flight and Schlesinger explained the aerodynamics that made that allegation nearly impossible. Before joining CBS News, Schlesinger was the Washington bureau chief for the Post-Newsweek television stations (1980-1984). He had previously been a political reporter for WPLG-TV Miami (1976-80).He was born in New York and graduated from the University of Missouri in 1976 with a degree in journalism.  Last year, Richard Schlesinger went into cardiac arrest while out for a walk. He has recovered beautifully with the help of his partner John Guenther and their trusty dogs — Cyrus and Gus. Richard Schlesinger Schlesinger is stepping back from his career a year after he survived a brush with death. In the summer of 2021, he went into cardiac arrest while out for a walk near his home in Connecticut.  He was saved by his quick-thinking neighbors.  Richard has recovered beautifully with the help of his partner John Guenther and their trusty dogs, Cyrus and Gus. In life, just like every story he's ever done, Schlesinger never misses the chance for a perfect ending.  "For nearly four decades, Richard has had an impact on our audiences. He's also left an indelible impression on the journalists who followed him,"  said Neeraj Khemlani, president and co-head of CBS News and Stations. Richard Schlesinger "I now know that the expression 'Time flies when you're having fun' can actually be true," said Schlesinger. "The past 38-plus years have flown by, propelled by great stories and great colleagues and a great organization. I am a very lucky man." In: 48 Hours CBS Sunday Morning Richard Schlesinger Thanks for reading CBS NEWS. Create your free account or log in for more features. 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Richard Schlesinger, "48 Hours" correspondent, announces his retirement: "Time flies when you're having fun".

The House select committee investigating the Jan. 6 attack on the U.S. Capitol will hold the second of several public hearings on Monday morning at 10 a.m. ET to reveal more of what it has learned during its 11-month probe.Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."The hearing will be broadcast as a CBS News Special Report anchored by "CBS Evening News" anchor and managing editor Norah O'Donnell. She will be joined by CBS News chief political analyst John Dickerson, chief Washington correspondent Major Garrett, chief White House correspondent Nancy Cordes, chief election and campaign correspondent Robert Costa and congressional correspondents Scott MacFarlane and Nikole Killion.Monday's hearing will have two panels of witnesses. The first panel will consist of former Trump campaign manager William Stepien and former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. The second panel will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt.  Representative Bennie Thompson, a Democrat from Mississippi and chairman of the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol, speaks during a prime-time hearing in Washington, D.C., on June 9, 2022.   Ting Shen/Bloomberg via Getty Images Some of the witnesses are expected to provide testimony about the the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."Committee vice chair Rep. Liz Cheney said last week that the second hearing will show that "Donald Trump and his advisers knew that he had, in fact, lost the election.""But, despite this, President Trump engaged in a massive effort to spread false and fraudulent information — to convince huge portions of the U.S. population that fraud had stolen the election from him. This was not true," Cheney said at Thursday's hearing.  Rep. Liz Cheney, vice chair of House Jan. 6 committee, delivers opening remarks 33:48 Cheney and committee chair Rep. Bennie Thompson led the first public hearing, a nearly two-hour session on Thursday evening. In that hearing, the committee attempted to link Trump's baseless claims of a stolen election to the chaos and violence of Jan. 6, which Thompson described as the "culmination of an attempted coup." Testimony was shown from some of the top figures in Trump's orbit who said they told him he had not won the election. Thompson played a recording from former Attorney General William Barr's testimony before the committee, in which he said he told the former president his claims of a stolen election were "bullsh**." In another clip, Trump's daughter, Ivanka Trump, said she "trusted" Barr and accepted his insistence that her father had lost the election.Cheney also said there were members of Congress who sought pardons from Trump for their role in the attack. Cheney named Rep. Scott Perry of Pennsylvania as one of those Republicans, a claim which he denied on Friday. Rep. Adam Kinzinger, Cheney's fellow Republican on the committee, told "Face the Nation" on Sunday that "we're not going to make accusations or say things without proof or evidence backing it."  Kinzinger says Jan. 6 committee will present evidence that lawmakers sought pardons from Trump 08:20 Cheney on Thursday had harsh words for Republicans who have fallen in line with Trump after the attack: "There will come a day when Donald Trump is gone but your dishonor will remain." The first hearing also touched on the Proud Boys' role in the Jan. 6 attack. In video testimony shown Thursday, some of the group's members said they believed Trump's remark at a presidential debate to "stand back and stand by" was a call to action. Quested testified that the Proud Boys were organized and heading to the Capitol at 10 a.m., before Trump's speech at the Ellipse had even started. Thompson and Cheney sought to show that, amid the chaos at the Capitol, Trump did not perform his duties as president. They showed video testimony from Gen. Mark Milley, the current chairman of the joint chiefs of staff, saying that former Vice President Pence — not Trump — issued the orders for the National Guard to come to the building. While Pence is not likely to participate in the hearings, some of his top advisers are. Greg Jacob, Pence's former chief counsel, Marc Short, his former chief of staff, and conservative jurist J. Michael Luttig, who advised Pence ahead of Jan. 6, are all likely to testify in the coming weeks.    3:14 PM / June 12, 2022 How to watch the second Jan. 6 hearing What: House Jan. 6 public hearingDate: Monday, June 13, 2022 Time: 10 a.m. ETLocation: U.S. Capitol – Washington, D.C.TV: CBS stations (Check your local station here) Online stream: Live on CBS News in the player above and on your mobile or streaming device.Follow: Live updates on CBSNews.com    29m ago On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

How to watch the second House Jan. 6 hearing Monday, as focus turns to Trump's false claims.

Ferrari Roma is unveiled during its first world presentation in Rome, Italy, November 14, 2019. REUTERS/Guglielmo MangiapaneRegister now for FREE unlimited access to Reuters.comSummaryCompaniesCompany to unveil new business plan on ThursdayFerrari faces electrification challengeCEO Vigna took job in SeptemberShares outperformed in last 12 monthsMILAN, June 13 (Reuters) - Nine months after taking the top job, Ferrari (RACE.MI) CEO Benedetto Vigna will be expected this week to explain how the carmaker will preserve its cachet - and top tier prices - in a future of electrified cars.The Italian luxury sports carmaker is set to unveil its much awaited business plan on Thursday, heading into the new era of cleaner, silent and electric mobility.That is a particular challenge for the likes of Ferrari, which built its brand over decades by perfecting the roaring and super powerful engines that drive its cars.Register now for FREE unlimited access to Reuters.comA tech veteran with 26 years of experience in the semiconductor industry, Vigna, who started at Ferrari last September, is tasked with marrying innovation with tradition."We should expect a clear focus on technology transition, qualifying the key burning question, namely how the company will evolve in this new environment, not only in terms of products portfolio," said Marco Santino, a partner for automotive practice at management consultants Oliver Wyman.Ferrari has already presented four hybrid models and promised its first full-electric car in 2025.It has said strategic partnerships will be key to accessing new technologies while keeping capital expenditure under control.The company is expected to reveal the relevant areas for new partnerships, which could develop along the lines of an existing tie-up with Britain's Yasa, now part of Mercedes (MBGn.DE), which is supplying technologies for electric drive for Ferrari's hybrid models.The CEO said earlier this year that Ferrari would rely on partners to develop bio and synthetic fuels which could be an additional green option alongside all-electric technology.Margin on adjusted core profitNEW SUVBy announcing its first sport-utility vehicle (SUV), the Purosangue, for the coming months, Ferrari is also moving into a lucrative market segment where competitors such as Lamborghini, part of Volkswagen group (VOWG_p.DE), already operate."A key challenge in the mid-term is to maintain best-in-class profitability while supporting a unique effort in developing new technologies and innovative solutions," Santino said.Besides core technology, Vigna has a number of other areas where he could leave a mark, analysts say, including data and connectivity, intellectual property, Formula One motor sports performance and increased manufacturing complexity.Ferrari's range has risen to nine models, plus limited edition cars, in recent years, with six-, eight-, 12 cylinder, hybrid and soon full electric engines under production.Investors appear to be keeping faith. Shares in the company have been almost flat in the past 12 months, versus an 18% drop for the European auto index (.SXAP) and a 13% drop for the luxury index (.STXLUXP).Rival Aston Martin lost almost 70% over the same period, while Tesla (TSLA.O) shares were among the few to outperform Ferrari.But Vigna has something to prove."A lot is riding on the upcoming Capital Market Day to change valuation parameters for a business which seems to have been on autopilot in recent years and may need a transformational strategy," analysts at Jefferies said.($1 = 0.9510 euros)Register now for FREE unlimited access to Reuters.comAdditional reporting by Stefano Bernabei Editing by Keith Weir and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Vigna to set out Ferrari's route into electric vehicle era.

The logo of cryptocurrency exchange Binance displayed on a smartphone with the word "cancelled" on a computer screen in the background.Budrul Chukrut | SOPA Images | LightRocket via Getty ImagesBinance said Monday that it is temporarily pausing bitcoin withdrawals "due to a stuck transaction causing a backlog."At first, Binance founder and CEO Changpeng Zhao said in a tweet that the issue would be fixed within 30 minutes. But he later amended that to say, "Likely this is going to take a bit longer to fix than my initial estimate." He added that, "[t]his is only impacting the Bitcoin network," and that holders "can still withdraw Bitcoin on other networks like BEP-20.""Funds are SAFU," he added. The acronym stands for "secure asset fund for users," which is a fund the company established in 2018 to help safeguard users.The news comes as bitcoin tumbled more than 10% on Monday, breaking below $24,000 and sinking to the lowest level since December 2020.The largest cryptocurrency has been hit by macroeconomic concerns, including rampant inflation.Binance is the world's largest crypto exchange. The company handles spot trading volumes of more than $14 billion and nearly $50 billion in derivatives volume in a single day, according to data from CoinGecko.- CNBC's Ryan Browne contributed reporting.Correction: Binance said it is temporarily pausing bitcoin withdrawals "due to a stuck transaction causing a backlog." The headline on an earlier version misstated the quote.

Binance pauses bitcoin withdrawals due to a 'stuck transaction' as crypto sell-off deepens.

UN High Commissioner for Human Rights Michelle Bachelet attends an event at the United Nations in Geneva, Switzerland, November 3, 2021. REUTERS/Denis Balibouse/File PhotoRegister now for FREE unlimited access to Reuters.comSummaryBachelet to leave post after one termSurprise announcement comes after China visit in MayFlags Russian worries, abortion rights in broad-ranging speechGENEVA, June 13 (Reuters) - The United Nations human rights chief, Michelle Bachelet, said on Monday that she would not seek a second term for personal reasons, refuting speculation that it was a decision linked to blowback over her trip to China last month.Bachelet, 70, was criticised by rights groups as well as some Western governments, including the United States, who said the conditions Chinese authorities imposed on the visit did not enable a complete and independent assessment of the rights environment. read more "As my term as High Commissioner draws to a close, this Council's milestone fiftieth session will be the last which I brief," she said in a surprise announcement at the end of a wide-ranging speech to the Geneva-based Human Rights Council.Register now for FREE unlimited access to Reuters.comLater, she said the decision was not related to the trip, adding that she intended to return to Chile and spend time with her family."Two months ago, before even going to China, I made a decision and I informed my boss, the Secretary-General (Antonio Guterres). So it has no relationship," she told reporters.Some diplomats said they had expected Bachelet, a 70-year-old former president of Chile, to stay on after her four-year term expires later in August. There was murmuring in the Geneva Council room when she made the announcement.In her speech, she said her office was working on an updated assessment of the human rights situation in China's western region of Xinjiang, where there are widespread allegations that mostly Muslim Uyghur people have been unlawfully detained, mistreated and forced to work.China denies all accusations of abuse there."It will be shared with the government for factual comments before publication," she said of her report, which was due to be published months ago. Asked about the timing, Bachelet said it would be released before her term ends.Kenneth Roth, executive director of Human Rights Watch called her China trip an "unmitigated disaster" and criticised Bachelet for using China's term "VETCs", for vocational education and training centres, to describe mass detention facilities in Xinjiang.She repeated the term in her speech on Monday.On the rights situation in Russia, she said the arbitrary arrest of a large number of protesters there opposed to the invasion of Ukraine was "worrying".Bachelet also raised concern about abortion restrictions, referring to the United States where the Supreme Court is expected to strike down a landmark ruling on nationwide abortion rights. read more Register now for FREE unlimited access to Reuters.comReporting by Emma Farge and Wendell Roelf; additional reporting by Tony Munroe in Beijing; Editing by Robert Birsel and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Michelle Bachelet, U.N. rights chief, says no to second term amid China trip backlash.

Brown-Forman and The Coca-Cola Company announce plans to debut Jack Daniel's® Tennessee Whiskey and Coca-Cola®™ Ready-to-Drink CocktailCourtesy: Coca-Cola CompanyCoca-Cola is teaming up with Jack Daniel's distiller Brown-Forman to make a Jack-and-Coke cocktail in a can.It marks the fourth new alcoholic drink in Coke's portfolio in less than two years, but the first pairing for its namesake soda. The Atlanta-based beverage giant has already partnered with Molson Coors Beverage on Topo Chico Hard Seltzer and Simply Spiked Lemonade, which launched this month, and Constellation Brands on Fresca Mixed Cocktails.As soda consumption declines, Coke isn't the only beverage maker pushing its soft drink brands into alcohol through partnerships. Rival PepsiCo launched Hard Mtn Dew earlier this year through a partnership with Sam Adams brewer Boston Beer.Brewers also benefit from the partnerships with Coke and Pepsi by diversifying their portfolios away from beer, while spirits companies can use well-known brands to market more canned cocktails. Brown-Forman has already been selling canned cocktails for more than three decades, including a Jack-and-Coke drink made with generic cola. But the category has gotten a boost in recent years as alcohol consumers look for convenient options.Ready-to-drink beverages have been the fastest-growing alcohol segment since 2018, stealing market share from beer, according to IWSR Drinks Market Analysis. Hard seltzers are the largest part of the category, but spirits-based canned cocktails have been gaining ground.The Jack Daniel's and Coca-Cola canned cocktail will launch in Mexico later this year before expanding to other markets.A zero-sugar version of the canned cocktail will also be available. Coke CEO James Quincey predicted in early 2021 that Zero Sugar Coke would be the biggest source of growth for the company over the next few years.Packaging for the new drink will show both the logos for both Coke and Jack Daniel, as well as symbols showing it's only for people of legal drinking age. As soda brands push into the alcohol category, the National Beer Wholesalers Association and other industry players have expressed concerns about underage drinking.As Coke broadens its alcohol portfolio, the company said that it developed a policy around marketing and selling its alcoholic drinks responsibly. The approach includes only targeting consumers above the legal purchasing age in its advertising and refraining from implying that consumers receive any health benefits from those products.

Jack-and-Coke in a can: Coca-Cola and Brown-Forman team up for new drink.

The House select committee investigating the Jan. 6 attack on the U.S. Capitol will hold the second of several public hearings on Monday morning reveal more of what it has learned during its 11-month probe.The hearing will have a delayed start on Monday because one of the witnesses who was set to testify, former President Donald Trump's campaign manager William Stepien, will no longer appear due to a "family emergency." The meeting is now set to start between 10:30 to 10:45 a.m. ET."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning," the committee said in a statement. "His counsel will appear and make a statement on the record."Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."The hearing will be broadcast as a CBS News Special Report anchored by "CBS Evening News" anchor and managing editor Norah O'Donnell. She will be joined by CBS News chief political analyst John Dickerson, chief Washington correspondent Major Garrett, chief White House correspondent Nancy Cordes, chief election and campaign correspondent Robert Costa and congressional correspondents Scott MacFarlane and Nikole Killion. Representative Bennie Thompson, a Democrat from Mississippi and chairman of the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol, speaks during a prime-time hearing in Washington, D.C., on June 9, 2022.   Ting Shen/Bloomberg via Getty Images Monday's hearing will have two panels of witnesses. The first panel will consist of former Trump campaign manager William Stepien and former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. The second panel will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."Committee vice chair Rep. Liz Cheney said last week that the second hearing will show that "Donald Trump and his advisers knew that he had, in fact, lost the election.""But, despite this, President Trump engaged in a massive effort to spread false and fraudulent information — to convince huge portions of the U.S. population that fraud had stolen the election from him. This was not true," Cheney said at Thursday's hearing.  Rep. Liz Cheney, vice chair of House Jan. 6 committee, delivers opening remarks 33:48 Cheney and committee chair Rep. Bennie Thompson led the first public hearing, a nearly two-hour session on Thursday evening. In that hearing, the committee attempted to link Trump's baseless claims of a stolen election to the chaos and violence of Jan. 6, which Thompson described as the "culmination of an attempted coup." Testimony was shown from some of the top figures in Trump's orbit who said they told him he had not won the election. Thompson played a recording from former Attorney General William Barr's testimony before the committee, in which he said he told the former president his claims of a stolen election were "bullsh**." In another clip, Trump's daughter, Ivanka Trump, said she "trusted" Barr and accepted his insistence that her father had lost the election.Cheney also said there were members of Congress who sought pardons from Trump for their role in the attack. Cheney named Rep. Scott Perry of Pennsylvania as one of those Republicans, a claim which he denied on Friday. Rep. Adam Kinzinger, Cheney's fellow Republican on the committee, told "Face the Nation" on Sunday that "we're not going to make accusations or say things without proof or evidence backing it."  Kinzinger says Jan. 6 committee will present evidence that lawmakers sought pardons from Trump 08:20 Cheney on Thursday had harsh words for Republicans who have fallen in line with Trump after the attack: "There will come a day when Donald Trump is gone but your dishonor will remain." The first hearing also touched on the Proud Boys' role in the Jan. 6 attack. In video testimony shown Thursday, some of the group's members said they believed Trump's remark at a presidential debate to "stand back and stand by" was a call to action. Quested testified that the Proud Boys were organized and heading to the Capitol at 10 a.m., before Trump's speech at the Ellipse had even started. Thompson and Cheney sought to show that, amid the chaos at the Capitol, Trump did not perform his duties as president. They showed video testimony from Gen. Mark Milley, the current chairman of the joint chiefs of staff, saying that former Vice President Pence — not Trump — issued the orders for the National Guard to come to the building. While Pence is not likely to participate in the hearings, some of his top advisers are. Greg Jacob, Pence's former chief counsel, Marc Short, his former chief of staff, and conservative jurist J. Michael Luttig, who advised Pence ahead of Jan. 6, are all likely to testify in the coming weeks.    3:14 PM / June 12, 2022 How to watch the second Jan. 6 hearing What: House Jan. 6 public hearingDate: Monday, June 13, 2022 Time: 10:30 a.m. ETLocation: U.S. Capitol – Washington, D.C.TV: CBS stations (Check your local station here) Online stream: Live on CBS News in the player above and on your mobile or streaming device.Follow: Live updates on CBSNews.com    9m ago Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   38m ago On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

A bipartisan House select committee on Monday is set to begin detailing the initial findings from its investigation of the Jan. 6 Capitol riot, keeping its focus squarely on former President Donald Trump.The second hearing will center on the push by Trump and his allies to spread false claims of sweeping election fraud following the then-president's loss to Joe Biden in the 2020 contest. The committee said it will demonstrate that Trump knew he lost the race, but nevertheless worked to falsely convince "huge portions of the U.S. population that fraud had stolen the election from him," Vice Chair Liz Cheney, R-Wyo., said last week.Witnesses are set to testify on two panels during Monday's hearing. The first will feature Chris Stirewalt, the former Fox News political editor who came under fire from Trump's supporters after Fox called Arizona for Biden before other outlets on Election Day 2020.Former Trump campaign manager Bill Stepien was slated to speak, as well — but less than an hour before the hearing was set to start at 10 a.m. ET, the committee announced that Stepien would not attend "due to a family emergency."Stepien's lawyer will appear and make a statement on his behalf, the committee said, adding that the event would be delayed by about 30 to 45 minutes as a result. Stepien is reportedly currently advising Cheney's Trump-endorsed Republican primary challenger Harriet Hageman.The second panel is set to include testimony from election attorney Benjamin Ginsberg, former Philadelphia city commissioner Al Schmidt and BJay Pak, former U.S. attorney for the northern district of Georgia.(The hearing is slated to start around 10:30 a.m. ET. Please refresh the page if the video above doesn't play.)

Watch live: Jan. 6 committee to question Fox News' former political editor, Georgia official in second hearing.

U.S. June 13, 2022 / 7:55 AM / AP UNICEF warns Haiti is "nowhere near safe" UNICEF warns Haiti is "nowhere near safe" as abductions worsen 02:08 They were told to dress totally in black and to leave cellphones and all identifying documents, including passports, behind.The group of about two dozen Haitians, maybe more, departed on a small motor boat from the coast of the Dominican Republic headed to Puerto Rico, about 80 miles away across the treacherous Mona Passage.That was in early March. And that's the last anyone heard of them. Their disappearance remains a mystery and a source of anguish for relatives, who refuse to accept that a boat full of people could just vanish. The agencies that routinely patrol the area - the U.S. Coast Guard, U.S. Customs and Border Protection and the Dominican Navy - say they have no record of a boat fitting that description capsizing in the passage. A Coast Guard HH-65 Dolphin helicopter from Air Station Borinquen flies past the Coast Guard Cutter Key Largo to assist in patrolling the Mona Strait in search of migrants off the coast of Mayaguez, Puerto Rico on October 25, 2006.  David S. Holloway / Getty Images "People are going missing and no one is paying attention," said Mozeline Beauvais, 48, a nurse from Philadelphia whose 20-year-old foster daughter, Fedena Louis Jeune, is among the missing. "They're young girls. They're young boys, people in their 20s. They are moms with babies." The missing people are among the thousands of Haitians who have been desperately taking to the sea in the past few months, fleeing the desperation in their homeland in the largest exodus of Haitians since 2004. Though most leave from the northwestern Haitian coast bound for the Florida Keys, many others journey through the neighboring Dominican Republic, where they pay smugglers to get them on boats to Puerto Rico. Since October alone, the U.S. Coast Guard has intercepted more than 5,300 Haitians at sea.No one knows how many have tried to make the trip and never made it. The only certainty, U.S. authorities say, is that the voyages are frequently deadly.Beauvais says she last spoke to her daughter on Feb. 27. Louis Jeune gave no indication of her plans to take a dangerous sea voyage to the United States. Beauvais says she found out about the trip after friends of her daughter's called and said they had not heard from her. After asking questions, Beauvais said she learned that her daughter, whom she had cared for from infancy, and a friend had boarded a boat bound for Puerto Rico.After digging around, Beauvais found out a little more: Her daughter had taken one of the small, makeshift open boats known as yolas that smugglers use to take migrants from the Dominican Republic to Puerto Rico through the Mona Passage. Beauvais has spent months contacting what is now a three-page-long list of agencies and immigration detention facilities around the U.S. trying to find out if any of them has her daughter in custody."My head spins because I don't know what I am supposed to do," she said. "I just want to focus on finding her."Other relatives of the missing, desperate for information, have come together in a group on the WhatsApp social media platform, where they have shared photos and compiled a list of the passengers. Among them: Rosedarline Aulistin; Fedena Saint Germain; Dort Mikerlange, and 36-year-old Daphnee Benoit and her six-year-old son, Jovendjy.Through text messages and anonymous voice notes they've tried to drill down: From where and when exactly did the boat depart? How much did passengers pay? Who was on the trip? And most important: How could a boatload of Haitians disappear without a trace?Through their pain, they have also provided portraits of some of the missing. There is the "pretty, young lady who is well-educated," whose uncle in Canada said he thought she was being smuggled on a cruise ship when his sister told him about the voyage; a man who sold his car to find the money to pay for the trip; and Mirielle Lamy, a singer whose YouTube channel now features a purple banner with her face illuminated by golden light."I cannot sleep. Every time I close my eyes I see my sister," said Naomie Lamy, who lives in Miami and is searching for Mireille, her younger sister, a singer known as "Miyou."Family members interviewed by the Miami Herald say they have checked with authorities in Puerto Rico and the Dominican Republic for information about the missing boaters. So far they have come up empty. One relative told the Herald that the migrants were told to wear all black and leave all documents behind, an account that was also separately mentioned by one of the people in the WhatsApp group. Leonel Charles, a Haitian lawyer in the Dominican Republic, said he was contacted by the sister of one of the missing to look into the disappearance. He hired an investigator to track down the organizers of the voyage, but said they never found them. "We never found anything concrete," he said.Charles said he was told by the family that the boat left from an area of the country near Punta Cana, the Dominican Republic's easternmost tip. Other family members believe the boat may have left from La Romana in the southeast.The U.S. Coast Guard in Puerto Rico, U.S. Customs and Border Protection in Puerto Rico and U.S. Immigration and Customs Enforcement told the Herald they had no records on a missing migrant boat fitting the description provided by reporters, or information about a capsizing in early March. The Dominican Navy also said it had no record of a boat or passengers matching the descriptions."We are not aware that that was a case that was reported to the Coast Guard or that there was a response from the Coast Guard," said Ricardo Castrodad, the Coast Guard spokesman in San Juan.Jeffrey Quiñones, a U.S. Customs and Border Protection spokesman, said his agency has no record of interceptions or people washing up on shore in Puerto Rico during the time period matching the passenger count, or any details of the missing boat.U.S. authorities emphasized that each and every illegal boat that crosses the Mona Passage risks capsizing. Yolas are poorly constructed, often by smuggling operators in underground, makeshift shipyards in remote locations. Engines are unreliable. The weather and ocean conditions can change in the blink of an eye. Sharks, which are known to have killed migrants in the Mona Passage, lurk below the surface. Life jackets on board are a rare occurrence.It's "a mass rescue waiting to happen," said Castrodad. "Each of these trips represents an incredible risk for all the people who are on the trip… and for the people responding because for people trying to rescue that amount of people in adverse maritime conditions is a very risky operation. Time is critical, and anything can happen." Castrodad says it's possible for a boat to capsize or get in trouble without the Coast Guard or other authorities finding out. Often, news that something has gone wrong comes from family members calling the agency about relatives who went on these journeys, or from migrants themselves asking to be rescued.It doesn't take much for the often overloaded yolas to sink in the channel's unstable currents. Last month a boat capsized in the passage near Puerto Rico. Eleven women, all Haitian, were confirmed dead, while 38 others were rescued. Authorities believe more are still missing based on what survivors said. @USCG, @CBPCaribbean, partner agencies continue to respond. pic.twitter.com/2bvzd2joBA— USCGSoutheast (@USCGSoutheast) May 13, 2022 It was one of at least three capsizing incidents in the Mona Passage that authorities responded to in May.People frequently die or disappear without a trace on the passage "due to the extreme environmental conditions... and because the boats used are handmade and are not equipped to make crossings at sea," said Edwin Viales, who works with the United Nations' International Organization for Migration.Viales is the regional monitor of the Missing Migrants Project for the Americas. Since 2014, the agency has been collecting information about migrants who die in the process of traveling toward an international destination, regardless of their legal status. It has recorded 6,265 missing in the Americas, while noting that the figure is an undercount, given the challenges.The Caribbean area has the second highest number of deaths and disappearances in the region after the U.S.-Mexico border, Viales noted. Last year 65 people died or went missing in the shark-infested passage last year, and as of February of this year the figure was already at 71, according to the Missing Migrants Project.Viales said most of the people who lose their lives on the Mona Passage route are Haitian, Dominican, Cuban or Venezuelan. But he said there is a huge under-reporting of data in the Americas region because of what has become known as "invisible shipwrecks" - migrants who die at sea whose deaths are never officially recorded. Guerline Jozef, co-founder of the Haitian Bridge Alliance, which works with Haitian migrants, fears that as the situation grows more desperate in Haiti and more Haitians make the dangerous journeys, whether overland from South America to the U.S.-Mexico border or at sea, more people will die.Like the family members, she too has questions: "Is human trafficking involved? Did they ever make it to the boat? Did the boat ever leave shore?""We don't know," Jozef said. "Until the person reaches the United States and either gets detained or deported, you don't know the countless lives that have been lost, just disappeared never to have been heard from again."Lamy, who believes her sister Mirielle could have traveled with another artist, said the singer moved to the Dominican Republic from Port-au-Prince last year fleeing the shootings and kidnappings in the Haitian capital, where violent gang clashes have forced the displacement of tens of thousands.Mirielle had rented a home and was working in transportation, Lamy said. She posted videos of herself singing on YouTube, where she had amassed almost 2,800 followers.On the early morning of March 2, Mirielle called Lamy. Between 7 a.m. and 11 a.m, she also sent her several voice notes. In one, she told her sister that she needed to talk to her. In another, she texted an address and asked her to send money to a woman. But in another voice message, Mirielle reversed course, telling her sister not to send the money, that she was leaving on a boat at 2 p.m.Lamy and a nephew who lives in Haiti said they had no idea that Mirielle had any plans to go on an illegal voyage across the Mona Passage. "Knowing my aunt, she doesn't like going to the water, she doesn't even like going to the pool," said Josué Lamy, who was making preparations to head to the Dominican Republic to retrace his aunt's final steps. Last time the family visited the southeast Haitian port city of Jacmel, he said, "we went to the beach, and she didn't even want to go in the water. That's what's so crazy about this to us."Naomie Lamy traveled to the Dominican Republic in search of her younger sister in May, but had no luck. A 15-minute YouTube video pays homage to the singer, saying, "It's with a lot of sadness that we announce the disappearance of Mirielle Lamy."While some family members of the missing still hold out hope, others fear the worst. Some on the WhatsApp group have even suggested that the reason for the black clothing was to deliberately sacrifice the group on the high seas as part of a dark magic sacrifice.The voice notes in Creole on the app group have gone from pleas for answers and an exchange of information to anger, threats and suspicion of group members about each other, and accusations that some of them have connections to the traffickers.In recent days, some people in the chat have begun to attack someone identified only as "Jimmy." In anonymous voice notes, they accuse him of lying and knowing what happened to their loved ones. While some threaten bodily harm, others have promised to call law enforcement.They accuse Jimmy of refusing to answer their phone calls and lying to them about the whereabouts of their loved ones. Some in the group say Jimmy has told them their family members are being detained in Puerto Rico without access to phones.But that is not true, said a man who did not give his name in a voice note. His niece, he said, was on the boat, and he warned that he had already contacted Dominican authorities about Jimmy. Now living in Canada, the man described his own experience after he came to Miami from Haiti in 2007 and was locked up in the Krome Detention Center in Southwest Miami-Dade, where he says he was given access to a phone. Others, have said, they have reached out to Dominican officials and even vow to go in search of Jimmy. "What did Jimmy do with the people?" said Doinois Emile, whose 26-year-old daughter Daphnee is among the missing. "You can't keep people in all of this suffering. I just want to hear her voice one last time."Emile, who lives in Indiana, said he believes the people in the group are still alive and being hidden somewhere; he refuses to believe that his daughter, who knew how to swim, and the rest could go missing with no trace."Where are the people? I don't believe that a boat can just sink and you have no evidence. The mariners on the waters would come across the people," he said. "All of them could have died and you mean to tell me and not one body would have come up to the surface?"Emile says he relocated Daphnee and a younger sister to the Dominican Republic from Haiti several years ago so they would not become victims of their homeland's raging gang violence and kidnappings. Several months ago Daphnee, who was impatient about joining her father in the U.S., called. She needed money, she said, to pay for a voyage. Reluctantly, Emile, who works at a car dealership, wired $5,000 in cash."If I didn't send this money she would have hated me," he said.The trip did not happen immediately. One of the passengers, who had traveled from Haiti to make the boat trip, spent four months living with Emile's daughters and her 6-year-old waiting for the boat to depart."She became like a mother for them inside the house," said Emile, who spoke with the young mother on several occasions. The day the women left, Emile said his younger daughter was home and saw "when the bus came to pick them up."Emile says if there were evidence his daughter had perished at sea, he could accept that she was dead. He could also accept that she is imprisoned in a U.S. detention center."The pain would be one hit," he said. But waking up each day not knowing is too much, he said, breaking into tears."They took my child and I don't know what they did with my child. I don't know where she is," he said. "I just want to hear her voice one last time." In: Haiti Thanks for reading CBS NEWS. Create your free account or log in for more features. Please enter email address to continue Please enter valid email address to continue

Boat with two dozen U.S.-bound Haitian migrants disappears at sea: "People are going missing and no one is paying attention".

Register now for FREE unlimited access to Reuters.comJune 12 (Reuters) - "A Strange Loop," the story of a Black gay man and his mental struggles as a playwright, won the Tony award on Sunday for best new musical as Broadway honored its first season since the long pandemic shutdown."The Lehman Trilogy," about the rise and fall of investment firm Lehman Brothers, took the best new play honor at a live ceremony held at Radio City Music Hall in New York."Strange Loop" triumphed over "MJ," a crowd-pleasing musical about Michael Jackson. Star Myles Frost won best actor in a musical for playing the King of Pop.Register now for FREE unlimited access to Reuters.comBeing on stage to accept the Tony felt like a "miracle," said Ben Power, the writer of "Lehman Trilogy", after COVID-19 halted preview shows of the play for 577 days."In New York, even after everything, even after today, anything is possible," Power said, adding that the play had been written as "a hymn to the city of New York.""Strange Loop" writer Michael R. Jackson based the musical on his own internal doubts as well as external obstacles as he tried to pen a Broadway show."I just wanted to create a little bit of a life raft for myself as a Black gay man," he said.Best actor winner Frost addressed his mother in the audience as he accepted his award for "MJ.""Mom, I made it," he said, and thanked her for bringing him up to be a "strong Black man."For best revival of a musical, voters honored "Company," the final project backed by composer and theater legend Stephen Sondheim, who died in November.The new "Company" reverses the gender roles of the original, which centered on a single man considering his life choices as he turned 35. Producer Chris Harper thanked Sondheim "for letting us re-imagine the classic musical."Michael R. Jackson speaks as the award for Best Musical is given to "A Strange Loop" at the 75th Annual Tony Awards in New York City, U.S., June 12, 2022. REUTERS/Brendan McDermid"Hamilton" creator Lin-Manuel Miranda introduced a tribute to Sondheim, saluting his "immortal" songs and lyrics and his mentorship of younger artists, including Miranda himself.The three-hour telecast of the awards event featured a slew of performances from nominated shows, to help entice audiences back to theaters.Hugh Jackman sang "76 Trombones" from "The Music Man" while Mare Winningham performed Bob Dylan's "Like a Rolling Stone," featured in the musical "Girl from the North Country."Michael Jackson's children, Prince and Paris, introduced a rendition of "Smooth Criminal" by the "MJ" cast.Patti LuPone won her third Tony award, for a supporting role in "Company." She thanked "all of the COVID safety people" for making Broadway's return possible. In the audience were 150 COVID-19 safety managers who had kept shows running.Simon Russell Beale, the star of "Lehman Trilogy", won the Tony for lead actor in a play. Joaquina Kalukango took best actress in a musical for playing a 19th-century tavern owner in race relations story "Paradise Square.""I give thanks to all of the nameless ancestors who have suffered. This show gives power to them," Kalukango said.Sunday's Tonys were the 75th edition and the ceremony honored some of Broadway's biggest hits over the decades. Host Ariana DeBose opened it with a medley honoring shows from "Cabaret" to "Wicked," "The Wiz" and "Hamilton."She and others at the ceremony welcomed the industry's efforts to diversify the stories and casts on stage."I’m so proud that the theater is becoming more reflective of the community that adores it," said DeBose, the Oscar-winning Afro-Latina star of "West Side Story."Best play revival went to "Take Me Out," the story of a gay baseball player.Deirde O'Connell, who won the Tony for lead actress in a play for "Dana H," urged aspiring writers to "make the weird art."Register now for FREE unlimited access to Reuters.comReporting by Lisa Richwine; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

'Strange Loop,' 'Lehman Trilogy' earn Tony honors as Broadway celebrates return.

The Bank of England (BoE) building is reflected in a sign, London, Britain, December 16, 2021. REUTERS/Toby MelvilleRegister now for FREE unlimited access to Reuters.comLONDON, June 13 (Reuters) - The Bank of England said on Monday that it would remove a post-COVID capital buffer adjustment now that risks from the pandemic had subsided."Removing a temporary capital adjustment that is no longer necessary aims to achieve simplicity and enhances proportionality, thereby facilitating effective competition," the BoE said in a statement.In July 2020, the BoE's Prudential Regulation Authority (PRA) announced the temporary increase of the buffer for all firms that received a Pillar 2A reduction under its PS15/20 policy to reconcile capital requirements and macroprudential buffers.Register now for FREE unlimited access to Reuters.comWriting by William Schomberg; editing by David MillikenOur Standards: The Thomson Reuters Trust Principles.

Bank of England to drop post-COVID capital buffer rule.

A total of 989,800 people tested positive for the virus in the week from May 27 to June 2 — up from 953,900 a week earlierDan Kitwood | Getty Images News | Getty ImagesU.K. Covid-19 cases have risen for the first time in two months, according to new data, which warns of a possible further spike ahead.A total of 989,800 people tested positive for the virus in the week from May 27 to June 2 — up from 953,900 a week earlier — estimates from the U.K.'s Office for National Statistics (ONS) showed Friday.That figure equates to around 1.5% of the population, or one in 65 people.It comes at a time when Health Secretary Sajid Javid has dubbed the country "properly post-pandemic."Javid on Saturday told The Times newspaper that Covid-19 was "no longer a pandemic," describing it as "endemic" like the flu and other viruses. "We should be proud as a country of how we tackled it," he added.The uptick recorded by the ONS was likely driven by the original omicron variant BA.1 and the newer variants BA.4 and BA.5.While all four countries in the U.K. recorded an increase in cases, the ONS said the overall trends in Scotland and Wales were "uncertain." As of June 2, England had 797,500 cases; Northern Ireland had 27,700; Wales had 40,500; and Scotland had 124,100.The data, which are based on confirmed positive Covid-19 test results of those living in private households, give an early projection of the course the virus may take in the coming weeks.It is compiled by testing thousands of people from U.K. households at random, whether or not they have symptoms, and is thought to provide the clearest picture of Covid-19 infections in Britain since free public testing was abandoned in England and Scotland.A new wave ahead?Some health researchers and physicians have warned that the uptick suggests a new wave of infections is coming."A new wave is now starting," Christina Pagel, director of University College London's Clinical Operational Research Unit and a member of the scientific advisory group Independent Sage, said during a virtual press conference Friday."Given where we are now, I expect that to go up again next week," she added.People gathered on The Mall watch a fly-past over Buckingham Palace during celebrations marking the Platinum Jubilee of Britain's Queen Elizabeth, in London, Britain, June 2, 2022. Dylan Martinez | ReutersThe data released Friday predates the U.K.'s Platinum Jubilee bank holiday, a four-day weekend of celebrations and social gatherings to commemorate Queen Elizabeth II's 70 years on the throne.The U.K.'s Health Security Agency said that could mean data for the following week is somewhat delayed or distorted."Recent data has shown a small rise in positivity rates and in hospitalizations with Covid-19. These small increases should be interpreted with caution as data may be subject to delays due to the Jubilee bank holiday," Dr. Jamie Lopez Bernal, consultant epidemiologist for immunization and countermeasures at the UKHSA, said Thursday.'Never a good combination'According to the latest ONS data, positive cases increased among people aged 35 to 49, with early signs of increases among 16 to 24-year-olds. Cases dropped in those aged 50 to 69 and over 70.Simon Clarke, associate professor in cellular microbiology at the University of Reading, told CNBC Monday that the recent spike was "inevitable" as regular social interactions resume and vaccine immunity wanes over time.Omicron BA.1 is the initial variant of omicron that caused infections to surge across the U.K. in December and early January this year. Newer variants BA.4 and BA.5, meanwhile, were designated as "variants of concern" by the UKHSA in May, and initial research suggests they have a degree of "immune escape," making it harder for the immune system to recognize and fight the virus.Professor Rowland Kao, chair of veterinary epidemiology and data science at the University of Edinburgh, noted that the lack of Covid testing combined with an increase in positive cases did not provide a positive outlook."The number of people taking tests is going down and the positivity is going up, and that is never a good combination," he said.However, he added that the most serious effects of another outbreak may not be felt until the winter months."Short-term it may be OK," he said, citing concern for vulnerable groups. "But it's really looking four, five months ahead [that's concerning]."

Far from being 'post pandemic,' UK Covid cases are on the rise again.

A sub-scale sized model of an heavy-class military helicopter NH90 by Airbus is displayed at Euronaval, the world naval defence exhibition in Le Bourget near Paris, France, October 23, 2018. REUTERS/Benoit TessierRegister now for FREE unlimited access to Reuters.comPARIS, June 13 (Reuters) - The French armed forces ministry announced on Monday a new contract to help the performance of the NH90 military helicopter, just days after Norway said it would axe its fleet. read more The French government said the new contract was aimed at addressing a problem regarding a shortage of materials for the helicopter, which is developed by a consortium between Airbus (AIR.PA), Italian company Leonardo and Fokker.Norway said last week that it would return the NH90 military helicopters it ordered from the NHIndustries consortium because they are either unreliable or were delivered late.Register now for FREE unlimited access to Reuters.comReporting by Sudip Kar-Gupta; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

French government announces new contract to help NH90 helicopter after Norway blow.

The logos of Amazon, Apple, Facebook and Google in a combination photo/File PhotoRegister now for FREE unlimited access to Reuters.comWASHINGTON, June 13 (Reuters) - Dozens of companies and business organizations are sending a letter to U.S. senators on Monday to urge them to support a bill aimed at reining in the biggest tech companies, such as Amazon.com (AMZN.O) and Alphabet's (GOOGL.O) Google.Democratic U.S. Senator Amy Klobuchar and lawmakers from both parties said last week they had the Senate votes needed to pass legislation that would prevent the tech platforms, including Apple (AAPL.O) and Facebook , from favoring their own businesses on their platforms.The companies supporting the measure, which include Yelp, Sonos, DuckDuckGo and Spotify, called it a "moderate and sensible bill aimed squarely at well-documented abuses by the very largest online platforms."Register now for FREE unlimited access to Reuters.comOther signatories included the American Booksellers Association, the American Independent Business Alliance, the Institute for Local Self-Reliance and Kelkoo Group.The organizations urged the Senate to pass the bill, saying it would modernize antitrust laws so smaller companies have space to compete.Klobuchar said last week she believed she had the 60 Senate votes needed to end debate and move to a vote on final passage. There is a similar bill in the House.The Senate is expected to vote on the bill this summer, perhaps as early as late June, according to two sources familiar with the matter. The House is then expected to vote on the Senate version, sources said. read more Amazon.com, the Chamber of Commerce and others have taken aim at the measure. read more The tech giants have said the bill would imperil popular consumer products like Google Maps and Amazon Basics and make it harder for the companies to protect their users' security and privacy.Amazon has lambasted the bill saying in a blog post the bill "jeopardizes two of the things American consumers love most about Amazon: the vast selection and low prices made possible by opening our store to third-party selling partners, and the promise of fast, free shipping through Amazon Prime."Register now for FREE unlimited access to Reuters.comReporting by Diane Bartz Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Dozens of companies, small business groups back U.S. bill to rein in Big Tech.

The House select committee investigating the Jan. 6 attack on the U.S. Capitol will hold the second of several public hearings on Monday morning to reveal more of what it has learned during its 11-month probe.The hearing will have a delayed start on Monday because one of the witnesses who was set to testify, former President Donald Trump's campaign manager William Stepien, will no longer appear due to a "family emergency." The meeting is now set to start between 10:30 to 10:45 a.m. ET."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning," the committee said in a statement. "His counsel will appear and make a statement on the record."Committee aides said Monday's hearing will focus on the "Big Lie," documenting how Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."The hearing will be broadcast as a CBS News Special Report anchored by "CBS Evening News" anchor and managing editor Norah O'Donnell. She will be joined by CBS News chief political analyst John Dickerson, chief Washington correspondent Major Garrett, chief White House correspondent Nancy Cordes, chief election and campaign correspondent Robert Costa and congressional correspondents Scott MacFarlane and Nikole Killion. Representative Bennie Thompson, a Democrat from Mississippi and chairman of the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol, speaks during a prime-time hearing in Washington, D.C., on June 9, 2022.   Ting Shen/Bloomberg via Getty Images Monday's hearing will first have the statement from Stepien's counsel and former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."Committee vice chair Rep. Liz Cheney said last week that the second hearing will show that "Donald Trump and his advisers knew that he had, in fact, lost the election.""But, despite this, President Trump engaged in a massive effort to spread false and fraudulent information — to convince huge portions of the U.S. population that fraud had stolen the election from him. This was not true," Cheney said at Thursday's hearing.  Rep. Liz Cheney, vice chair of House Jan. 6 committee, delivers opening remarks 33:48 Cheney and committee chair Rep. Bennie Thompson led the first public hearing, a nearly two-hour session on Thursday evening. In that hearing, the committee attempted to link Trump's baseless claims of a stolen election to the chaos and violence of Jan. 6, which Thompson described as the "culmination of an attempted coup." Testimony was shown from some of the top figures in Trump's orbit who said they told him he had not won the election. Thompson played a recording from former Attorney General William Barr's testimony before the committee, in which he said he told the former president his claims of a stolen election were "bullsh**." In another clip, Trump's daughter, Ivanka Trump, said she "trusted" Barr and accepted his insistence that her father had lost the election.Cheney also said there were members of Congress who sought pardons from Trump for their role in the attack. Cheney named Rep. Scott Perry of Pennsylvania as one of those Republicans, a claim which he denied on Friday. Rep. Adam Kinzinger, Cheney's fellow Republican on the committee, told "Face the Nation" on Sunday that "we're not going to make accusations or say things without proof or evidence backing it."  Kinzinger says Jan. 6 committee will present evidence that lawmakers sought pardons from Trump 08:20 Cheney on Thursday had harsh words for Republicans who have fallen in line with Trump after the attack: "There will come a day when Donald Trump is gone but your dishonor will remain." The first hearing also touched on the Proud Boys' role in the Jan. 6 attack. In video testimony shown Thursday, some of the group's members said they believed Trump's remark at a presidential debate to "stand back and stand by" was a call to action. Quested testified that the Proud Boys were organized and heading to the Capitol at 10 a.m., before Trump's speech at the Ellipse had even started. Thompson and Cheney sought to show that, amid the chaos at the Capitol, Trump did not perform his duties as president. They showed video testimony from Gen. Mark Milley, the current chairman of the joint chiefs of staff, saying that former Vice President Pence — not Trump — issued the orders for the National Guard to come to the building. While Pence is not likely to participate in the hearings, some of his top advisers are. Greg Jacob, Pence's former chief counsel, Marc Short, his former chief of staff, and conservative jurist J. Michael Luttig, who advised Pence ahead of Jan. 6, are all likely to testify in the coming weeks.    3:14 PM / June 12, 2022 How to watch the second Jan. 6 hearing What: House Jan. 6 public hearingDate: Monday, June 13, 2022 Time: 10:30 a.m. ETLocation: U.S. Capitol – Washington, D.C.TV: CBS stations (Check your local station here) Online stream: Live on CBS News in the player above and on your mobile or streaming device.Follow: Live updates on CBSNews.com    28m ago Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   57m ago On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis MascarenhasRegister now for FREE unlimited access to Reuters.comNEW DELHI, June 13 (Reuters) - Russia rose to become India's second biggest supplier of oil in May, pushing Saudi Arabia into third place but still behind Iraq which remains No. 1, data from trade sources showed.In May Indian refiners received about 819,000 barrels per day (bpd) Russian oil, the highest thus far in any month, compared to about 277,00 in April, the data showed.Western sanctions against Russia for its invasion of Ukraine prompted many oil importers to shun trade with Moscow, pushing spot prices for Russian crude to record discounts against other grades.Register now for FREE unlimited access to Reuters.comThat provided Indian refiners, which rarely used to buy Russian oil due to high freight costs, an opportunity to snap up low-priced crude.Russian grades accounted for about 16.5% of India's overall oil imports in May, and helped raise the share of oil from the C.I.S. countries to about 20.5%, while that from the Middle East declined to about 59.5% %, the data showed.The share of African oil in India's crude imports last month surged to 11.5% from 5.9% in April, the data showed.Share of various regions in India's oil imports"Diesel is calling the tune ... if you want to boost production of diesel and jet fuel then you need Nigerian and Angolan grades. China has cut imports of Angolan grades because of COVID-related shutdowns so some of these barrels are going to Europe and some to India," said Ehsan Ul Haq, analyst with Refinitiv.He said apart from availability of cheaper Russian barrels, higher official selling prices of Middle Eastern oil also pushed Indian refiners to buy Nigerian crude.India's oil imports in May totalled 4.98 million bpd, the highest since December 2020, as state refiners raised output to meet growing local demand while private refiners turned focus to gain from exports, the data showed.India's oil imports in May were about 5.6% up from the previous month and about 19% from a year earlier, the data obtained from sources showed.India has defended its purchase of "cheap" Russian oil saying imports from Moscow made only a fraction of the country's overall needs and a sudden stop would drive up costs for its consumers. read more Higher oil imports from Russia, curbed OPEC's share in India's overall imports to 65% in April.India's oil importsRegister now for FREE unlimited access to Reuters.comReporting by Nidhi Verma; editing by David EvansOur Standards: The Thomson Reuters Trust Principles.

Russia becomes India's second biggest oil exporter, trade sources' data show.

get the free app Updated on: June 13, 2022 / 9:59 AM / CBS News CBS News Live CBS News Live Live The House select committee investigating the Jan. 6 attack on the U.S. Capitol will hold the second of several public hearings on Monday morning to reveal more of what it has learned during its 11-month probe.The hearing will have a delayed start on Monday because one of the witnesses who was set to testify, former President Donald Trump's campaign manager William Stepien, will no longer appear due to a "family emergency." The meeting is now set to start between 10:30 to 10:45 a.m. ET."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning," the committee said in a statement. "His counsel will appear and make a statement on the record."Committee aides said Monday's hearing will focus on the "Big Lie," documenting how Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."The hearing will be broadcast as a CBS News Special Report anchored by "CBS Evening News" anchor and managing editor Norah O'Donnell. She will be joined by CBS News chief political analyst John Dickerson, chief Washington correspondent Major Garrett, chief White House correspondent Nancy Cordes, chief election and campaign correspondent Robert Costa and congressional correspondents Scott MacFarlane and Nikole Killion. Representative Bennie Thompson, a Democrat from Mississippi and chairman of the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol, speaks during a prime-time hearing in Washington, D.C., on June 9, 2022.   Ting Shen/Bloomberg via Getty Images Monday's hearing will first have the statement from Stepien's counsel and former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."Committee vice chair Rep. Liz Cheney said last week that the second hearing will show that "Donald Trump and his advisers knew that he had, in fact, lost the election.""But, despite this, President Trump engaged in a massive effort to spread false and fraudulent information — to convince huge portions of the U.S. population that fraud had stolen the election from him. This was not true," Cheney said at Thursday's hearing.  Rep. Liz Cheney, vice chair of House Jan. 6 committee, delivers opening remarks 33:48 Cheney and committee chair Rep. Bennie Thompson led the first public hearing, a nearly two-hour session on Thursday evening. In that hearing, the committee attempted to link Trump's baseless claims of a stolen election to the chaos and violence of Jan. 6, which Thompson described as the "culmination of an attempted coup." Testimony was shown from some of the top figures in Trump's orbit who said they told him he had not won the election. Thompson played a recording from former Attorney General William Barr's testimony before the committee, in which he said he told the former president his claims of a stolen election were "bullsh**." In another clip, Trump's daughter, Ivanka Trump, said she "trusted" Barr and accepted his insistence that her father had lost the election.Cheney also said there were members of Congress who sought pardons from Trump for their role in the attack. Cheney named Rep. Scott Perry of Pennsylvania as one of those Republicans, a claim which he denied on Friday. Rep. Adam Kinzinger, Cheney's fellow Republican on the committee, told "Face the Nation" on Sunday that "we're not going to make accusations or say things without proof or evidence backing it."  Kinzinger says Jan. 6 committee will present evidence that lawmakers sought pardons from Trump 08:20 Cheney on Thursday had harsh words for Republicans who have fallen in line with Trump after the attack: "There will come a day when Donald Trump is gone but your dishonor will remain." The first hearing also touched on the Proud Boys' role in the Jan. 6 attack. In video testimony shown Thursday, some of the group's members said they believed Trump's remark at a presidential debate to "stand back and stand by" was a call to action. Quested testified that the Proud Boys were organized and heading to the Capitol at 10 a.m., before Trump's speech at the Ellipse had even started. Thompson and Cheney sought to show that, amid the chaos at the Capitol, Trump did not perform his duties as president. They showed video testimony from Gen. Mark Milley, the current chairman of the joint chiefs of staff, saying that former Vice President Pence — not Trump — issued the orders for the National Guard to come to the building. While Pence is not likely to participate in the hearings, some of his top advisers are. Greg Jacob, Pence's former chief counsel, Marc Short, his former chief of staff, and conservative jurist J. Michael Luttig, who advised Pence ahead of Jan. 6, are all likely to testify in the coming weeks.    3:14 PM / June 12, 2022 How to watch the second Jan. 6 hearing What: House Jan. 6 public hearingDate: Monday, June 13, 2022 Time: 10:30 a.m. ETLocation: U.S. Capitol – Washington, D.C.TV: CBS stations (Check your local station here) Online stream: Live on CBS News in the player above and on your mobile or streaming device.Follow: Live updates on CBSNews.com    34m ago Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   5m ago Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

An Apple Store employee shows the Series 5 Apple Watch during the preview of the redesigned and reimagined Apple Fifth Avenue store in New York, U.S., September 19, 2019. REUTERS/Brendan McDermid/File PhotoRegister now for FREE unlimited access to Reuters.comJune 13 (Reuters) - San Francisco-based startup Rune Labs on Monday said it has received clearance from the U.S. Food and Drug Administration to use the Apple Watch to monitor tremors and other common symptoms in patients with Parkinson’s disease.The Rune Labs software uses the motion sensors built into the Apple Watch, which can already be used to detect when a person falls. Rune Labs Chief Executive Brian Pepin told Reuters in an interview the Apple Watch data will be combined with data from other sources, including a Medtronic (MDT.N) implant that can measure brain signals.Rune Labs' goal is for doctors to use the combined data to decide whether and how to fine-tune the patients' treatment, an approach called precision medicine. At present, Pepin said, most doctors have to gather data on a patient's movements by observing the patient during a short clinical visit, which is not ideal because Parkinson's symptoms can vary widely over time.Register now for FREE unlimited access to Reuters.comThe Apple Watch will give doctors a continuous stream of observations over long stretches, Pepin said."When you think about the process of getting someone to their optimal therapy or combination of drugs or devices, or even whether or not a patient might be a good fit for certain clinical trial, it's a very hard decision to make when you only have a little context," Pepin said.The Rune Labs FDA clearance is the first prominent use of software tools that Apple released for measuring movement disorders in 2018.Last year, a group of scientists at Apple published a study in the journal Science Translational Medicine showing the device was effective at monitoring Parkinson's symptoms. After contacting Apple about the tools, Pepin said "it took about eight minutes for the team lead to get back to me and say, 'Hey, perfect, let's explore this.'"Apple has partnered with a range of other companies to use the Apple Watch as a health monitoring device, including a deal with Johnson & Johnson(JNJ.N) to study whether the watch can be used to help lower stroke risk.Register now for FREE unlimited access to Reuters.comReporting by Stephen Nellis in San Francisco; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Rune Labs gets FDA clearance to use Apple Watch to track Parkinson's symptoms.

As the future of Roe v. Wade hangs in the balance, several major U.S. companies including Apple, Citigroup and Yelp have taken public stances in support of abortion care and promised to cover employees' travel expenses to access the procedure. The Supreme Court is expected to make a decision on Dobbs v. Jackson Women's Health Organization, a Mississippi case that directly challenges the right to abortion established by Roe v. Wade nearly 50 years ago, sometime this month. Following the leak of a draft decision on the case in early May, which showed that the court is poised to overturn Roe v. Wade, more employers have introduced new health-care benefits or expanded existing policies to support employees in obtaining an abortion, regardless of what the court decides. Still, the logistics of such offerings remain unclear, including how companies will protect employees' privacy and if state legislatures could come after corporate insurance policies as part of an abortion ban. How will abortion benefits work? In April, Yelp announced that it would cover costs for employees and their spouses who must travel out of state to access abortion care in response to the Texas law that bans the procedure after about six weeks of pregnancy.Following the announcement, executives received an "outpouring" of messages from leaders at other companies asking them "how to do the same," Miriam Warren, Yelp's chief diversity officer, tells CNBC Make It. "They want to know how the benefit works, what employees' feedback has been, everything right down to the brass tacks," she says. "Many companies, like ours, are thinking about abortion care, and thinking really hard about it — not just how to safeguard employees' right to health care, but what it means as a brand to stand up for this right." Johnny C. Taylor Jr., the president and CEO of the Society for Human Resource Management, has also fielded calls from business leaders interested in offering benefits to cover abortion care. "One of the safest, least controversial moves a company can make without isolating employees or customers who don't support abortion is tweaking their benefits policy, whether it's offering a travel stipend or getting abortion to be categorized as an elective procedure," he explains, which would be covered under an employer-sponsored health-care plan.Both Warren and Taylor predict that companies introducing abortion benefits would follow Apple, Citigroup, Tesla and other well-known companies in focusing on travel reimbursement for employees who have to leave their state to access the procedure. Companies are getting creative in how they offer this benefit, too, Taylor notes, to avoid potential legal and administrative hurdles, whether it's offering employees a one-time bonus or setting up donation-based relief funds that employees and their spouses can access if they need to travel for an abortion. In all cases, companies need to consider how they will protect the privacy of employees who do seek an abortion, Warren says. Under Yelp's policy, for example, employees submit travel receipts directly to their health insurance provider for reimbursement, so no one else at the company would know.  Ultimately, Taylor adds, "the overwhelming majority of CEOs want to remove barriers to people who choose to have an abortion to access the procedure, without taking a position on whether abortion is good or bad."  Will more companies take a public stance on abortion? The thorniest issue companies have faced since the draft opinion became public — and during the heated debate over abortion access that's followed — is whether to make a public statement in support of or against the court's decision, if Roe v. Wade is overturned. "I'm convinced that organizations are going to do their best to avoid making any public statements, because it is such a divisive issue," Taylor says. "You might see some larger companies take a stance, but we forget that most companies in America are small and medium-sized … and we're not seeing any indication that those CEOs are willing to do this, and risk losing talent or customers."Instead, Taylor predicts that companies will quietly tweak their benefits policies or send an internal memo to employees once the court's decision is announced. Warren, however, expects more employees to call on their companies to take a firm stance on abortion in the coming months. A new Gallup poll has found that 55% of Americans consider themselves "pro-choice.""Folks might feel like they don't have to speak up about abortion care right now because we're in a bit of a holding pattern until the decision is announced," Warren adds. "But I can't imagine that they'll feel the same ability to stay quiet if Roe v. Wade is overturned."Check out:How the CEO of Planned Parenthood is preparing for a future without Roe v. Wade: 'We've been planning for this moment for years'Corporate boards continue to make slow progress toward gender parity, new report showsJanet Yellen: Overturning Roe v. Wade would be 'very damaging' to the economy, womenSign up now: Get smarter about your money and career with our weekly newsletter

More U.S. companies could introduce abortion benefits soon—here's what to know.

A still image, taken from footage of the Supreme Court of the self-proclaimed Donetsk People's Republic, shows Britons Aiden Aslin, Shaun Pinner and Moroccan Brahim Saadoun captured by Russian forces during a military conflict in Ukraine, in a courtroom cage at a location given as Donetsk, Ukraine, in a still image from a video released June 8, 2022. Supreme Court of Donetsk People's Republic/Handout via REUTERS Register now for FREE unlimited access to Reuters.comJune 13 (Reuters) - The father of a Moroccan man sentenced to death by a court in the self-proclaimed Donetsk People's Republic (DPR) on mercenary charges said his son should be treated as a prisoner of war as he is a Ukrainian national who handed himself in voluntarily.Morocco-born Brahim Saadoun and Britons Aiden Aslin and Shaun Pinner were found guilty of "mercenary activities and committing actions aimed at seizing power and overthrowing the constitutional order" of the DPR, Russian media said last week.The three men were captured while fighting for Ukraine against Russia and Russian-backed forces. read more Register now for FREE unlimited access to Reuters.comThe Moroccan fighter received Ukrainian nationality in 2020 after undergoing a year of military training as a requirement to access aerospace technology studies at a university in Kiev, his father Tahar Saadoun said in an email to Reuters.He handed himself in "voluntarily" and should be treated as a "prisoner of war", the father said.The sentence will be appealed, he said."We as a family suffer from the absence of contact with the lawyer to exchange legal information and this adds to our ordeal," he said.Register now for FREE unlimited access to Reuters.comReporting by Ahmed Eljechtimi; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

Moroccan sentenced to death in Donetsk has Ukrainian nationality, is not a mercenary, his father says.

Crime June 13, 2022 / 10:06 AM / CBS News A 16-year veteran with the Wicomico County Sheriff's Office in Maryland was shot and killed while attempting to apprehend a fugitive on Sunday, authorities said. Deputy First Class Glenn Hilliard was killed in Pittsville while trying to apprehend a suspect who is wanted multiple felony warrants in multiple jurisdictions, the sheriff's office said.Hillard pursued the suspect on foot after he spotted him coming out of an apartment complex, the sheriff's office said. He was shot by the suspect, who was later captured after an extensive manhunt by dozens of law enforcement officers from throughout the region.The Wicomico County Sheriff's Office said Hillard "was a son, a husband and a father to three beautiful children, a brother to those he worked with, and an exemplary public servant to the citizens of Wicomico County and to the State of Maryland."Sheriff Mike Lewis and members of the Wicomico County Sheriff’s Office regret to announce the Line of Duty death of one...Posted by Wicomico County Sheriff's Office on Monday, June 13, 2022 "As an organization, we are heartbroken over this senseless and tragic murder," the sheriff's office said in a statement posted on Facebook. "This loss exacts an enormous emotional toll on the Sheriff's Office family, but we will do what is necessary and proper to honor Glenn and support those who knew and loved him." Hillard worked in several areas within the sheriff's office, and recently requested to be transferred back to patrol. He would have celebrated his 42nd birthday next Wednesday, June 22nd.According to tweets from the sheriff's office, the suspect was identified is Austin Davidson. He is awaiting arraignment.  In: maryland Caitlin O'Kane Caitlin O'Kane is a digital content producer covering trending stories for CBS News and its good news brand, The Uplift.

Maryland sheriff's deputy Glenn Hilliard shot and killed while attempting to capture fugitive.

Britain's Prince Andrew leaves St. Mary the Virgin church in Hillington, near royal Sandringham estate, in Norfolk, Britain January 19, 2020. REUTERS/Chris Radburn/File PhotoRegister now for FREE unlimited access to Reuters.comLONDON, June 13 (Reuters) - Britain's Prince Andrew will not attend some parts of a royal ceremony later on Monday after a "family decision" was taken, effectively keeping the queen's son out of the public eye after he was stripped of his royal titles earlier this year.A Buckingham Palace source said Andrew would not attend an annual procession and chapel service for the so-called Order of the Garter - a 700 year-old chivalric group whose members include Queen Elizabeth, senior royals and 24 knights or ladies chosen by the monarch in recognition of their public work.However the source said Andrew would attend a behind-closed-doors lunch and the investiture ceremony for new members, which this year include former British prime minister Tony Blair.Register now for FREE unlimited access to Reuters.comThe queen is also expected to attend the investiture and lunch, but not the procession.The palace source described the arrangements around Andrew's attendance as a "family decision".Andrew, the queen's second son, was forced to quit royal duties over his friendship with late convicted sex offender Jeffrey Epstein. read more The prince settled a U.S. lawsuit in February in which he had been accused of sexually abusing a woman when she was a teenager. Andrew, 62, officially known as the Duke of York, has denied any wrongdoing. read more The Garter Day procession is one of the most colourful events in the royal calendar, involving members walking around the queen's Windsor Castle in plumed hats and velvet robes.Register now for FREE unlimited access to Reuters.comReporting by William James; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

UK royals to keep Queen Elizabeth's son Andrew out of spotlight.

Register now for FREE unlimited access to Reuters.comJune 11 (Reuters) - A patient with the same facial-paralysis causing virus that has affected Justin Bieber said on Saturday she had been saddened to see what the Canadian pop star is going through and proud that he is making people aware of the illness."I've watched his video and I'm not going to lie, I shed a couple of tears. I never thought that I would relate to someone so much that I didn't know," Nicoya Rescorla told Reuters in a video interview from Marazion, in southwest England.Former teen star Bieber, 28, disclosed on Friday that he had been diagnosed with a virus that left half of his face paralysed and forced him to cancel some upcoming performances. He said in a video posted on Instagram he had contracted Ramsay Hunt syndrome, which affected nerves in his ear and face, and his right eye was not blinking. read more Register now for FREE unlimited access to Reuters.comRescorla said she developed the syndrome 20 months ago, around the time her 11-week-old child was admitted to hospital with a severe infection and her grandfather, who she was caring for, had to move to a care home.Justin Bieber performs a medley of songs at the 2016 Billboard Awards in Las Vegas, Nevada, U.S., May 22, 2016. REUTERS/Mario Anzuoni/File Photo"I think personally for me stress was a huge factor, a huge factor," said Rescorla, who is also 28 and has three children."It's hard to think of someone else going through something that you're going through. Obviously, Justin Bieber ... he's a huge celebrity, and I also felt so proud that he was spreading awareness of Ramsay Hunt syndrome."It was heartwarming that he was spreading awareness, but also heartbreaking that he was going through it."Speaking of the impact of the illness on her life, Rescorla said she can no longer drive or leave the house on her own. She said she has to drink from a straw and has problems with vertigo."I went from being so independent, fiercely independent, to having my husband care for me because I haven't been able to do it for myself," she said.Register now for FREE unlimited access to Reuters.comEditing by Frances Kerry and Mike HarrisonOur Standards: The Thomson Reuters Trust Principles.

Bieber illness video is heartbreaking, says UK patient with same condition.

People are reflected in a glass window of a shop at a marketplace in New Delhi, India, October 10, 2018. REUTERS/Anushree FadnavisRegister now for FREE unlimited access to Reuters.comSummaryFood inflation up 7.97% on year in May vs 8.38% in AprilCore inflation seen 6.09%-6.1% in May, say economistsEconomists say inflationary pressures broadeningEconomists expect central bank to hike rates in AugustNEW DELHI, June 13 (Reuters) - India's retail inflation eased marginally in May, after touching an eight-year high of 7.79% in April, but remained above the central bank's tolerance band for a fifth month in a row, suggesting it would continue with rate hikes in August.A surge in crude oil and commodity prices since Russia invaded Ukraine in February has pushed up consumer prices globally, forcing many central banks to raise interest rates to tame inflation.Consumer price index-based inflation rose 7.04% in May year-on-year, helped by slower increases in food prices, data released by the National Statistics Office showed on Monday.Register now for FREE unlimited access to Reuters.comMay's print was marginally lower than the 7.10% forecast by economists in a Reuters poll, after the government cut taxes on petrol and diesel and put export restrictions on food items including wheat and sugar. read more Reuters Graphics Reuters GraphicsThe dip in prices was likely to be temporary, economists said, as a heatwave in June has pushed up prices of vegetables, while the government cut estimates of wheat production because of dry spells in northern India.The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) raised its benchmark repo rate (INREPO=ECI) by 50 basis points to 4.90% last week, after a 40 basis points hike in April, while hinting at more rate hikes to come. read more Garima Kapoor, economist at Elara Capital, said price pressures were broadening due to rising energy prices and supply-side disruptions."The MPC is expected to hike policy repo rate by an additional 60 to 75 basis points this financial year to rein in inflationary pressures," she said.INFLATIONARY PRESSURESThe RBI has raised its inflation forecast to 6.7% for the 2022/23 year ending in March 2023, and 7.4% for the July-Sept quarter.The MPC will meet from Aug. 2-4, and is expected to raise rates by 25-50 basis points.Food inflation, which accounts for nearly half the CPI basket, rose 7.97% year-on-year in May, compared with a revised 8.31% in the previous month - the highest in nearly two years.A nearly 5% fall in the rupee against the dollar this year has also made imports costlier.The benchmark 10-years bond yield rose to its highest in more than three years as investor concerns over faster rate increases in the United States resurfaced following U.S. inflation data.Stock prices tumbled before the release of the inflation data. The benchmark NSE Nifty 50 index (.NSEI) fell 2.6%, its lowest level since July 2021%.Core inflation, excluding volatile food and energy prices was estimated at 6.09%-6.1% in May by three economists, after the data release.In May, vegetable prices surged 18.26% year-on-year, compared with 15.41% in April, while milk prices were up 5.64% compared with 6.97% in the previous month.Kunal Kundu, economist at Societe Generale, said Indians should be ready for strong action from the RBI at its next meeting."With the price of Indian basket of crude inching close to its Ukraine conflict high and food inflation hovering around 8.0%, we may not have yet heard the last about peak inflation unless oil companies continue to bear the burden of loss," he said.Register now for FREE unlimited access to Reuters.comAdditional reporting by Chris Thomas, Nallur Sethuraman and Rama Venkat in Bengaluru; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

India's May retail inflation eases amid broadening price pressures.

U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comJune 13 (Reuters) - U.S. two-year Treasury yields rose above 10-year borrowing costs on Monday - the so-called curve inversion that often heralds economic recession - on expectations interest rates may rise faster and further than anticipated.Fears the U.S. Federal Reserve could opt for an even larger rate hike than anticipated this week to contain inflation sent two-year yields to their highest levels since 2007.But a view is also playing out that aggressive rate hikes may tip the economy into recession.Register now for FREE unlimited access to Reuters.comThe gap between two and 10-year Treasury yields fell to as low as minus 2 basis points (bps), before rising back to around five bps, Tradeweb prices showed .The curve had inverted two months ago for the first time since 2019 before normalising.An inversion of this part of the yield curve is viewed by many analysts as a reliable signal that recession could come in the next year or two.The move follows inversions on Friday in the three-year/10-year and five-year/30-year portions of the Treasury curve, after data showed U.S. inflation continued to accelerate in May , .Yield curveTwo-year Treasury yields rose to a 15-year high around 3.25% before easing to 3.19%, while 10-year yields touched the same level, the highest since 2018 .Friday's data showed the largest annual U.S. inflation increase in nearly 40-1/2 years, dashing hopes the Federal Reserve might pause its interest rate hike campaign in September. Many reckon the central bank may actually need to up the pace of tightening.Barclays analysts said they now expected a 75 bps move from the Fed on Wednesday rather than the 50 bps which has been baked in.Money markets are now pricing a cumulative 175 bps in hikes by September and also see a 20% chance of a 75 bps move this week, which if implemented would be the biggest single-meeting hike since 1994 .UBS strategist Rohan Khanna said hawkish European Central Bank communication alongside the inflation print "have completely shattered this idea that the Fed may not deliver 75 bps or that other central banks will move in a gradual pace"."The whole idea went out the drain ... that's when you get turbo-charged flattening of yield curves. It is just a realisation that peak inflation in the U.S. is not behind us, and unless we are told so, maybe peak hawkishness from the Fed is also not behind us," Khanna added.Meanwhile bets on the U.S. terminal rate - where the Fed funds rate may peak this cycle - are shifting. On Monday, they priced rates to approach 4% in mid-2023, up almost one percentage point since end-May .Deutsche Bank said it now saw rates peaking at 4.125% in mid-2023.Some Fedwatchers are sceptical the Fed will move faster with rate hikes. Pictet Wealth Management's senior economist Thomas Costerg noted, for instance, that most inflation drivers such as food and fuel remain outside central bankers' control."Over the summer, they will be aware of growth data and housing which is starting to look more wobbly," Costerg said. "I doubt they will do 75 bps ... 50 bps is already a big step for them."The sell-off in Treasuries has set other markets on edge, sending German 10-year yields to the highest since 2014 and knocking S&P 500 futures 2.5% lower.Register now for FREE unlimited access to Reuters.comReporting by Yoruk Bahceli and Sujata Rao Editing by Dhara Ranasinghe and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Huge sell-off rocks Treasury markets, yield curve inverts.

Bayer's Roundup is shown for sale in Encinitas, California, U.S., June 26, 2017. REUTERS/Mike BlakeRegister now for FREE unlimited access to Reuters.comWASHINGTON, June 13 (Reuters) - The U.S. Supreme Court on Monday took no action on Bayer AG's (BAYGn.DE) bid to dismiss legal claims by customers who contend its Roundup weedkiller causes cancer as the German company seeks to avoid potentially billions of dollars in damages.The case was not mentioned on a list issued by the court on Monday as it decided on whether to hear pending appeals, raising at least the possibility that the justices are considering hearing it. Bayer has asked the justices to take up its appeal of a lower court decision that upheld $25 million in damages awarded to California resident Edwin Hardeman, a Roundup user who blamed his cancer on the pharmaceutical and chemical giant's glyphosate-based weedkillers.The Supreme Court's decision on whether to take up the appeal is being closely watched as Bayer maneuvers to limit its legal liability in thousands of cases.Register now for FREE unlimited access to Reuters.comU.S. President Joe Biden's administration in May urged the court not to hear the Bayer appeal, reversing the government's position previously taken under former President Donald Trump.Bayer has lost three trials in which Roundup users have been awarded tens of millions of dollars in each. Bayer has pinned hopes for relief on the conservative-majority Supreme Court, which has a reputation for being pro-business. Bayer has won three trials, including one last week.Bayer has asked the Supreme Court to review the verdict in Hardeman's case, which was upheld by the San Francisco-based 9th U.S. Circuit Court of Appeals in May 2021. Hardeman had regularly used Roundup for 26 years at his home in northern California before being diagnosed with a form of non-Hodgkin's lymphoma.Bayer has said it should not be penalized for marketing a product deemed safe by the U.S. Environmental Protection Agency and on which the EPA would not allow a cancer warning to be printed.Register now for FREE unlimited access to Reuters.comReporting by Lawrence Hurley; Editing by Will DunhamOur Standards: The Thomson Reuters Trust Principles.

U.S. Supreme Court takes no action on Bayer bid to nix weedkiller suits.

People walk past fences outside the Heaven Supermarket bar, where a coronavirus disease (COVID-19) outbreak emerged, in Chaoyang district of Beijing, China June 13, 2022. REUTERS/Carlos Garcia RawlinsRegister now for FREE unlimited access to Reuters.comSummaryOutbreak prompts return of mass testing, targeted lockdownsCluster caused by 'complacency' - state-backed newspaperShanghai emerges from weekend testing with no new curbsBEIJING, June 13 (Reuters) - Authorities in China's capital Beijing on Monday raced to contain a COVID-19 outbreak traced to a raucous 24-hour bar known for cheap liquor and big crowds, with millions facing mandatory testing and thousands under targeted lockdowns.The outbreak of nearly 200 cases linked to the city centre Heaven Supermarket Bar, which had just reopened as curbs in Beijing eased last week, highlights how hard it will be for China to make a success of its "zero COVID" policy as much of the rest of the world opts to learn how to live with the virus.The re-emergence of COVID infections is also raising new concerns about the outlook for the world's second-largest economy. China is only just shaking off a heavy blow from a two-month lockdown of Shanghai, its most populous city and commercial nerve centre, that also roiled global supply chains.Register now for FREE unlimited access to Reuters.comDine-in service at Beijing restaurants resumed on June 6 after more than a month in which the city of 22 million people enforced various COVID curbs. Many malls, gyms and other venues were closed, parts of the city's public transport system were suspended, and millions were urged to work from home."We have to test every day now. It's a bit of a hassle, but it's necessary," said a 21-year-old resident surnamed Cao, who runs a convenience store in Beijing's largest district Chaoyang, where the bar cluster was discovered. "The virus situation has hurt our business a bit, it's down about 20-30%."Chaoyang kicked off a three-day mass testing campaign among its roughly 3.5 million residents on Monday. About 10,000 close contacts of the bar's patrons have been identified, and their residential buildings put under lockdown, and some planned school reopenings in the district have been postponed.Queues snaked around some testing sites on Monday for more than 100 metres, according to Reuters' eyewitnesses. Large metal barriers have been installed around several residential compounds, with people in hazmat suits spraying disinfectant nearby.'IN VAIN'Last week, as dine-in curbs were lifted, Heaven Supermarket Bar, modelled as a large self-service liquor store with chairs, sofas and tables, reclaimed its popularity among young, noisy crowds starved of socialising and parties during Beijing's COVID restrictions.The bar, where patrons check aisles to grab anything from local heavy spirits to Belgian beer, is known among Beijing revellers for its tables plastered with empty bottles, and customers falling asleep on sofas after midnight.With the almost 200 COVID cases linked to the bar since June 9, authorities described the outbreak as "ferocious" and "explosive" - people infected live or work in 14 of the capital's 16 districts, authorities have said.Officials have not commented on the exact cause of the outbreak, nor explained why they are not yet reinstating the level of curbs seen last month.The bar cluster was caused by loopholes and complacency in epidemic prevention, state-backed Beijing Evening News wrote in a commentary piece on Monday."At a time when ... normality in the city is being restored, the fall of Heaven Supermarket Bar means the hardship and effort of countless people have been in vain," the newspaper wrote.If the outbreak grows, "consequences could be serious, and would be such that nobody would want to see," it added.STUCK IN 'PARADISE'Heaven Supermarket Bar, and other businesses nearby, including the Paradise Massage & Spa, were under lockdown, with police tape and security staff blocking the entrances.A handful of customers and staff at the parlour would be locked in temporarily for checks, authorities said.In all, Beijing reported 51 cases for Sunday, versus 65 the previous day, in line with a national trend of falling cases. read more Shanghai, which completed mass testing for most of its 25 million residents at the weekend after lifting its lockdown and many of its curbs at the start of the month, reported 37 cases, up from 29.As Beijing authorities wrestled with new COVID cases in April, retail sales in the capital shrank 16% year-on-year, while property sales nosedived 25%. Data for May, due later this month, is expected to be dire as well.Before the bar cases, there had been high hopes for a rebound in June. read more Register now for FREE unlimited access to Reuters.comReporting by Martin Quin Pollard, Ryan Woo and the Beijing and Shanghai bureaus; Writing by Marius Zaharia; Editing by Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.

Beijing tests millions, isolates thousands over COVID cluster at 24-hour bar.

Workers handle palm oil fruits at an oil palm plantation in Slim River, Malaysia August 12, 2021. REUTERS/Lim Huey TengRegister now for FREE unlimited access to Reuters.comKUALA LUMPUR, June 6 (Reuters) - Malaysia is missing a golden opportunity to capitalise on high palm oil prices and could suffer more production losses due to a "severe" shortage of about 120,000 workers, the Malaysian Estate Owners' Association (MEOA) told Reuters on Monday.The world's second biggest palm oil producer has been struggling to harvest palm fruit due to a labour shortage exacerbated by its pandemic-related immigration restrictions.Foreign workers, mostly from Indonesia, typically make up about 80% of the workforce in Malaysian estates, which numbered about 437,000 at the start of the pandemic.Register now for FREE unlimited access to Reuters.comPalm oil prices hit record highs this year due to the labour crunch, export caps at top producer Indonesia and the Russia-Ukraine war, but Malaysian producers are unable to take advantage of that, the MEOA said."The sad reality is that Malaysia is missing the golden opportunity presented on a platter as we are not able to cope with the harvesting of all the oil palm bunches at the appropriate harvesting rounds set against the present limited labour force," the MEOA said.In September, Malaysia approved the recruitment of 32,000 migrant workers for palm plantations, but the foreign labour has yet to enter the country due to permitting holdups.The group said industry projections for 2022 production to be at 18.6 million tonnes could be lowered further if labour does not come in immediately.Last week, state agency the Malaysian Palm Oil Council (MPOC) lowered its production outlook to 18.6 million tonnes for the year from an earlier estimate of 18.9 million tones."This projection can be further reduced if the government is not able to act now amid the slow progress in issuing the 32,000 extended permits," the MEOA said.Indonesia last week cancelled a plan to send its citizens to work in Malaysian palm oil plantations, citing procedural issues.Register now for FREE unlimited access to Reuters.comReporting by Mei Mei Chu; Writing by A. Ananthalakshmi; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.

Malaysia palm group warns of losses ahead from 'severe' labour crunch.

Rain clouds cover the skyline of Manhattan at the start of the Memorial Day weekend, as seen from Weehawken, New Jersey, U.S., May 27, 2022. REUTERS/Eduardo MunozRegister now for FREE unlimited access to Reuters.comNEW YORK, June 13 (Reuters) - New York City plans next month to auction a midtown Manhattan apartment owned by a Venezuelan media mogul with ties to socialist President Nicolas Maduro's government, after U.S. sanctions forced him to miss condominium payments, court records show.Raul Gorrin, who owns Venezuelan TV channel Globovision, paid $18.8 million for the 4,500-square-foot, 47th floor unit in the Baccarat Hotel & Residences in November 2017, at the height of Venezuela's economic collapse.Now, Gorrin stands to lose the apartment, which boasts views of the Empire State Building and Central Park, after being sanctioned in January 2019 as part of the Trump administration's push to oust Maduro. The city's sheriff is scheduled to conduct the auction on July 6, previously-unreported court records show.Register now for FREE unlimited access to Reuters.comSanctions block those designated from accessing the U.S. financial system, freeze their U.S. assets and generally bar Americans from transacting with them.In sanctioning Gorrin, Washington said he bribed Venezuela's treasury for the right to conduct currency exchange transactions that siphoned billions of the country's funds to insiders.The U.S. Treasury Department's Office of Foreign Assets Control (OFAC), which enforces sanctions, said Gorrin also bought gifts for Maduro's wife, Cilia Flores, who was sanctioned in 2018. Venezuela's information ministry did not respond to a request for comment.Gorrin faces U.S. criminal charges in Florida over the alleged graft. His lawyers did not respond to requests for comment. Gorrin, who remains a fugitive and is believed to be in Venezuela, has not responded to the charges.Since being sanctioned, Gorrin has missed more than $600,000 in monthly condominium charges and late fees for his apartment, according to lawsuits the condominium board filed in a New York state court. The apartment's common charges exceed $10,000 per month, court records show.The unit is formally owned by RIM Group Properties of New York II Corp, which Gorrin controls, according to corporate records.Gorrin said in a 2020 filing that sanctions prohibited him from paying condominium charges. He said he asked OFAC for a license to pay, but was not approved.Daniel Ruzumna, a partner at law firm Patterson Belknap, said sanctions can pose difficulties for those "unwittingly caught up in the web.""They may not be sanctioned themselves, but they may have interactions with those who are under sanctions. Case in point is this particular condo group," Ruzumna said.OFAC did not respond to a request for comment.The board won a court order in August 2020 to collect $184,876 from RIM Group for late payments in 2019, court records show. The board is seeking another judgment for missed payments from 2020 onwards.Last year, the board received OFAC's permission to sell the unit to collect the money, according to the license, obtained by Reuters under the Freedom of Information Act. The license was renewed in February, court records show.Any additional funds must be deposited into a blocked account in RIM Group's name, which Gorrin could not access while he remains sanctioned.A lawyer for the board declined to comment.Maduro remains in power, and accuses Washington of trying to oust him in a coup. Globovision, which once extensively covered protests against Maduro's predecessor Hugo Chavez, softened its criticism of the government after Gorrin bought the channel in 2013, reporters said at the time.Register now for FREE unlimited access to Reuters.comReporting by Luc Cohen in New York; Additional reporting by Daphne Psaledakis in Washington; Editing by Noeleen WalderOur Standards: The Thomson Reuters Trust Principles.

Exclusive: Sanctioned Venezuelan mogul's apartment on the block in New York City.

get the free app Updated on: June 13, 2022 / 10:38 AM / CBS News CBS News Live CBS News Live Live The House select committee investigating the Jan. 6 attack on the U.S. Capitol will hold the second of several public hearings on Monday morning to reveal more of what it has learned during its 11-month probe.The hearing will have a delayed start on Monday because one of the witnesses who was set to testify, former President Donald Trump's campaign manager William Stepien, will no longer appear due to a "family emergency." The meeting is now set to start between 10:30 to 10:45 a.m. ET."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning," the committee said in a statement. "His counsel will appear and make a statement on the record."Committee aides said Monday's hearing will focus on the "Big Lie," documenting how Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."The hearing will be broadcast as a CBS News Special Report anchored by "CBS Evening News" anchor and managing editor Norah O'Donnell. She will be joined by CBS News chief political analyst John Dickerson, chief Washington correspondent Major Garrett, chief White House correspondent Nancy Cordes, chief election and campaign correspondent Robert Costa and congressional correspondents Scott MacFarlane and Nikole Killion. Representative Bennie Thompson, a Democrat from Mississippi and chairman of the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol, speaks during a prime-time hearing in Washington, D.C., on June 9, 2022.   Ting Shen/Bloomberg via Getty Images Monday's hearing will first have the statement from Stepien's counsel and former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."Committee vice chair Rep. Liz Cheney said last week that the second hearing will show that "Donald Trump and his advisers knew that he had, in fact, lost the election.""But, despite this, President Trump engaged in a massive effort to spread false and fraudulent information — to convince huge portions of the U.S. population that fraud had stolen the election from him. This was not true," Cheney said at Thursday's hearing.  Rep. Liz Cheney, vice chair of House Jan. 6 committee, delivers opening remarks 33:48 Cheney and committee chair Rep. Bennie Thompson led the first public hearing, a nearly two-hour session on Thursday evening. In that hearing, the committee attempted to link Trump's baseless claims of a stolen election to the chaos and violence of Jan. 6, which Thompson described as the "culmination of an attempted coup." Testimony was shown from some of the top figures in Trump's orbit who said they told him he had not won the election. Thompson played a recording from former Attorney General William Barr's testimony before the committee, in which he said he told the former president his claims of a stolen election were "bullsh**." In another clip, Trump's daughter, Ivanka Trump, said she "trusted" Barr and accepted his insistence that her father had lost the election.Cheney also said there were members of Congress who sought pardons from Trump for their role in the attack. Cheney named Rep. Scott Perry of Pennsylvania as one of those Republicans, a claim which he denied on Friday. Rep. Adam Kinzinger, Cheney's fellow Republican on the committee, told "Face the Nation" on Sunday that "we're not going to make accusations or say things without proof or evidence backing it."  Kinzinger says Jan. 6 committee will present evidence that lawmakers sought pardons from Trump 08:20 Cheney on Thursday had harsh words for Republicans who have fallen in line with Trump after the attack: "There will come a day when Donald Trump is gone but your dishonor will remain." The first hearing also touched on the Proud Boys' role in the Jan. 6 attack. In video testimony shown Thursday, some of the group's members said they believed Trump's remark at a presidential debate to "stand back and stand by" was a call to action. Quested testified that the Proud Boys were organized and heading to the Capitol at 10 a.m., before Trump's speech at the Ellipse had even started. Thompson and Cheney sought to show that, amid the chaos at the Capitol, Trump did not perform his duties as president. They showed video testimony from Gen. Mark Milley, the current chairman of the joint chiefs of staff, saying that former Vice President Pence — not Trump — issued the orders for the National Guard to come to the building. While Pence is not likely to participate in the hearings, some of his top advisers are. Greg Jacob, Pence's former chief counsel, Marc Short, his former chief of staff, and conservative jurist J. Michael Luttig, who advised Pence ahead of Jan. 6, are all likely to testify in the coming weeks.    3:14 PM / June 12, 2022 How to watch the second Jan. 6 hearing What: House Jan. 6 public hearingDate: Monday, June 13, 2022 Time: 10:30 a.m. ETLocation: U.S. Capitol – Washington, D.C.TV: CBS stations (Check your local station here) Online stream: Live on CBS News in the player above and on your mobile or streaming device.Follow: Live updates on CBSNews.com    7m ago Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    33m ago January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   46m ago Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

Logo of an Apple store is seen in Washington, U.S., January 27, 2022. REUTERS/Joshua Roberts/File PhotoRegister now for FREE unlimited access to Reuters.comJune 13 (Reuters) - Apple Inc's (AAPL.O) revenue from gaming and music offerings is expected to jump 36% to $8.2 billion by 2025, J.P.Morgan said on Monday, as the iPhone maker taps its huge user base to drive its subscription services.The two services are likely to have a combined subscriber base of about 180 million by 2025 - 110 million for music and 70 million for gaming - boosted by the rapid spread of the internet and a booming gaming industry, according to JPM analysts, led by Samik Chatterjee.Apple Music, which was launched in 2015 and is the second-biggest music-streaming service after Spotify Technology (SPOT.N), is expected to account for a bigger chunk of that revenue, raking in about $7 billion by 2025, the brokerage said.Register now for FREE unlimited access to Reuters.comApple Arcade, the gaming subscription service launched in 2019, is estimated to pull in $1.2 billion.Apple did not immediately respond to a request for comment.The company does not give a sales breakup for gaming and music services but the overall segment, which includes App Store, Apple TV+, Arcade and Apple Music, reported revenue of $19.82 billion for the March quarter. The business is seen as Apple's engine for expansion.Chatterjee, who is rated five stars for his estimate accuracy on Apple by Refinitiv Eikon, expects the gaming-market size to hit $360 billion by 2028 and music streaming to reach $55 billion by 2025.Register now for FREE unlimited access to Reuters.comReporting by Siddarth S and Pushkala Aripaka in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

Apple music, gaming to bring in over $8 billion in revenue by 2025, J.P. Morgan says.

get the free app Updated on: June 13, 2022 / 10:38 AM / CBS News CBS News Live CBS News Live Live The House select committee investigating the Jan. 6 attack on the U.S. Capitol will hold the second of several public hearings on Monday morning to reveal more of what it has learned during its 11-month probe.The hearing will have a delayed start on Monday because one of the witnesses who was set to testify, former President Donald Trump's campaign manager William Stepien, will no longer appear due to a "family emergency." The meeting is now set to start between 10:30 to 10:45 a.m. ET."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning," the committee said in a statement. "His counsel will appear and make a statement on the record."Committee aides said Monday's hearing will focus on the "Big Lie," documenting how Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."The hearing will be broadcast as a CBS News Special Report anchored by "CBS Evening News" anchor and managing editor Norah O'Donnell. She will be joined by CBS News chief political analyst John Dickerson, chief Washington correspondent Major Garrett, chief White House correspondent Nancy Cordes, chief election and campaign correspondent Robert Costa and congressional correspondents Scott MacFarlane and Nikole Killion. Representative Bennie Thompson, a Democrat from Mississippi and chairman of the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol, speaks during a prime-time hearing in Washington, D.C., on June 9, 2022.   Ting Shen/Bloomberg via Getty Images Monday's hearing will first have the statement from Stepien's counsel and former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."Committee vice chair Rep. Liz Cheney said last week that the second hearing will show that "Donald Trump and his advisers knew that he had, in fact, lost the election.""But, despite this, President Trump engaged in a massive effort to spread false and fraudulent information — to convince huge portions of the U.S. population that fraud had stolen the election from him. This was not true," Cheney said at Thursday's hearing.  Rep. Liz Cheney, vice chair of House Jan. 6 committee, delivers opening remarks 33:48 Cheney and committee chair Rep. Bennie Thompson led the first public hearing, a nearly two-hour session on Thursday evening. In that hearing, the committee attempted to link Trump's baseless claims of a stolen election to the chaos and violence of Jan. 6, which Thompson described as the "culmination of an attempted coup." Testimony was shown from some of the top figures in Trump's orbit who said they told him he had not won the election. Thompson played a recording from former Attorney General William Barr's testimony before the committee, in which he said he told the former president his claims of a stolen election were "bullsh**." In another clip, Trump's daughter, Ivanka Trump, said she "trusted" Barr and accepted his insistence that her father had lost the election.Cheney also said there were members of Congress who sought pardons from Trump for their role in the attack. Cheney named Rep. Scott Perry of Pennsylvania as one of those Republicans, a claim which he denied on Friday. Rep. Adam Kinzinger, Cheney's fellow Republican on the committee, told "Face the Nation" on Sunday that "we're not going to make accusations or say things without proof or evidence backing it."  Kinzinger says Jan. 6 committee will present evidence that lawmakers sought pardons from Trump 08:20 Cheney on Thursday had harsh words for Republicans who have fallen in line with Trump after the attack: "There will come a day when Donald Trump is gone but your dishonor will remain." The first hearing also touched on the Proud Boys' role in the Jan. 6 attack. In video testimony shown Thursday, some of the group's members said they believed Trump's remark at a presidential debate to "stand back and stand by" was a call to action. Quested testified that the Proud Boys were organized and heading to the Capitol at 10 a.m., before Trump's speech at the Ellipse had even started. Thompson and Cheney sought to show that, amid the chaos at the Capitol, Trump did not perform his duties as president. They showed video testimony from Gen. Mark Milley, the current chairman of the joint chiefs of staff, saying that former Vice President Pence — not Trump — issued the orders for the National Guard to come to the building. While Pence is not likely to participate in the hearings, some of his top advisers are. Greg Jacob, Pence's former chief counsel, Marc Short, his former chief of staff, and conservative jurist J. Michael Luttig, who advised Pence ahead of Jan. 6, are all likely to testify in the coming weeks.    3:14 PM / June 12, 2022 How to watch the second Jan. 6 hearing What: House Jan. 6 public hearingDate: Monday, June 13, 2022 Time: 10:30 a.m. ETLocation: U.S. Capitol – Washington, D.C.TV: CBS stations (Check your local station here) Online stream: Live on CBS News in the player above and on your mobile or streaming device.Follow: Live updates on CBSNews.com    8m ago Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    33m ago January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   46m ago Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

The Spotify logo hangs on the facade of the New York Stock Exchange as the company lists its stock with a direct listing in New York, U.S., April 3, 2018. REUTERS/Lucas Jackson/File PhotoRegister now for FREE unlimited access to Reuters.comJune 13 (Reuters) - Spotify Technology SA (SPOT.N) on Monday announced it has formed a Safety Advisory Council to provide third-party input on issues such as hate speech, disinformation, extremism and online abuse.The group represents another step in Spotify’s efforts to deal with harmful content on its audio streaming service after backlash earlier this year over “The Joe Rogan Experience,” in which the podcaster was accused of spreading misinformation about COVID-19.The 18 experts, which include representatives from Washington, D.C. civil rights group the Center for Democracy & Technology, the University of Gothenburg in Sweden and the Institute for Technology and Society in Brazil, will advise Spotify as it develops products and policies and thinks about emerging issues.Register now for FREE unlimited access to Reuters.com“The idea is to bring in these world-renowned experts, many of whom have been in this space for a number of years, to realize a relationship with them,” said Dustee Jenkins, Spotify’s global head of public affairs. “And to ensure that it's not talking to them when we're in the middle of a situation … Instead, we're meeting with them on a pretty regular basis, so that we can be much more proactive about how we're thinking about these issues across the company.”The council is purely advisory in nature, and Spotify can accept or reject its advice. Unlike Facebook's (META.O) oversight board, which decides what cases it reviews, Spotify will submit issues for its council to consider and provide feedback.Sarah Hoyle, Spotify’s head of trust and safety, said the advisory council was not formed in reaction to “any particular creator or situation,” but rather a recognition of the challenges of operating a global service at a time when threats are constantly evolving.“How do we augment the internal expertise that we already have at Spotify, to tap into these folks whose life's work has been studying this, and they're on the ground in markets all around the world, just like our users, just like our creators,” said Hoyle.(In third paragraph, corrects location of University of Gothenburg to Sweden)Register now for FREE unlimited access to Reuters.comReporting by Dawn Chmielewski in Los Angeles Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Spotify forms council to deal with harmful content after Joe Rogan backlash.

get the free app Updated on: June 13, 2022 / 10:51 AM / CBS News CBS News Live CBS News Live Live The House Jan. 6 committee's second of several public hearings kicked off Monday morning with a delayed start and one of the witnesses backing out due to a "family emergency."Originally set to start at 10 a.m. ET, the hearing started at 10:46 a.m. ET. The committee said Monday morning that former Trump campaign manager William Stepien, one of the scheduled witnesses, will not appear after all when his wife went into labor, Stepien's lawyer said."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning," the committee said in a statement. "His counsel will appear and make a statement on the record."In addition to video of Stepien and his counsel, former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had, will also appear Monday. There will also be a panel of witnesses featuring election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt.  Representative Bennie Thompson, a Democrat from Mississippi and chairman of the House Select Committee to Investigate the January 6th Attack on the U.S. Capitol, speaks during a prime-time hearing in Washington, D.C., on June 9, 2022.   Ting Shen/Bloomberg via Getty Images Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   Committee vice chair Rep. Liz Cheney said last week that the second hearing will show that "Donald Trump and his advisers knew that he had, in fact, lost the election."   1m ago Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    14m ago Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    39m ago January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   52m ago Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political director Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

A dead fish lies on the dried-up Penuelas lake in Valparaiso, Chile April 19, 2022. REUTERS/Ivan AlvaradoRegister now for FREE unlimited access to Reuters.comSummaryPhoto essay:PENUELAS, Chile, June 13 (Reuters) - The Penuelas reservoir in central Chile was until twenty years ago the main source of water for the city of Valparaiso, holding enough water for 38,000 Olympic-size swimming pools. Water for only two pools now remains.A huge expanse of dried and cracked earth that was once the lake bed is littered with fish skeletons and desperate animals searching for water.Amid an historic 13-year drought, rainfall levels have slumped in this South American nation that hugs the continent's Pacific coast. Higher air temperatures have meant snow in the Andes, once a key store of meltwater for spring and summer, is not compacting, melts faster, or turns straight to vapor.Register now for FREE unlimited access to Reuters.comThe drought has hit mine output in the world's largest copper producer, stoked tensions over water use for lithium and farming, and led capital Santiago to make unprecedented plans for potential water rationing."We have to beg God to send us water," said Amanda Carrasco, a 54-year-old who lives near the Penuelas reservoir and recalls line fishing in the waters for local pejerrey fish. "I've never seen it like this. There's been less water before, but not like now."The reservoir needs rainfall - once reliable in winter but now at historic lows, said Jose Luis Murillo, general manager of ESVAL, the company that supplies Valparaiso with water."Basically what we have is just a puddle," he said, adding that the city now relied on rivers. "This is especially significant if you think that several decades ago the Penuelas reservoir was the only source of water for all greater Valparaiso."Behind the issue, academic studies have found, is a global shift in climate patterns sharpening natural weather cycles.Normally, low-pressure storms from the Pacific unload precipitation over Chile in winter, recharging aquifers and packing the Andes mountains with snow.But naturally occurring warming of the sea off Chile's coast, which blocks storms from arriving, has been intensified by rising global sea temperature, according to a global study on sea temperature and rainfall deficits. Ozone depletion and greenhouse gasses in the Antarctic, meanwhile, exacerbate weather patterns that draw storms away from Chile, according to a study on variables affecting Antarctic weather.'WATER TOWERS'Analysis of tree rings going back 400 years shows how rare the current drought is, said Duncan Christie, a researcher at the Center for Climate and Resilience in Chile. It is totally unrivalled for duration or intensity.He said that meant the Andes - which he called the country's "water towers" - were not getting a chance to replenish, which in turn meant that as snow melted in spring there was far less water to fill rivers, reservoirs and aquifers.Miguel Lagos, a civil engineer and water specialist, traveled to measure snow cover near the Laguna Negra station in central Chile some 50 kilometers (31 miles) east of Santiago - part of a process to estimate summer water supply."There was just nothing," he told Reuters. "There were so few precipitation events and such warm conditions that the snow melted that same winter."As snow compacts, creating new layers, this helps keep it colder for longer. But with warmer weather and less snowfall, Lagos said, top layers of snow were melting faster or turning straight to vapor, a process called sublimation.A 2019 study in the International Journal of Climatology that analyzed Chile's drought from 2010 to 2018 said shifting weather events could ease the drought in future, but much would depend on the trajectory of human emissions impacting climate.Segundo Aballay, an animal breeder in the Chilean village of Montenegro, is praying change comes soon."If it doesn't rain this year we will be left with nothing to do," he said. "The animals are getting weaker and dying day by day."Unfortunately for agriculture workers like Aballay, researchers at the University of Chile predict the country will have 30% less water over the next 30 years, based on mathematical models and historic data."What we call a drought today will become normal," Lagos said.In the Laguna de Aculeo, another dried up lake south of Santiago, local campsite manager Francisco Martinez recalled hundreds of people coming to the area to take out kayaks or swim in the waters.Now rusting piers and old boats sit in the barren landscape. An eerie island in the middle of what was once water rises up above the dust."Now there is no water, it is a desert here," Martinez told Reuters. "The animals are dying and there is nothing to do here in the lagoon any more."Register now for FREE unlimited access to Reuters.comReporting by Alexander Villegas; Additional reporting by Rodrigo Gutierrez; Editing by Adam Jourdan and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

'We beg God for water': Chilean lake turns to desert, sounding climate change alarm.

A Rivian R1T truck body lowered onto a chassis in the assembly line at the Rivian electric vehicle plant in Normal, Illinois. Georgia is giving the company $1.5 billion in subsidies to bring a new $5 billion EV plant to the southern state.Brian Cassella | Tribune News Service | Getty ImagesIt is one of the few areas all parties seem to agree on: America's domestic supply chain is broken. One of the main reasons is not in dispute either: an acute shortage of workers — 5.5 million more job openings than there are workers available to fill them, according to the Labor Department.Those historic imbalances in the economy have turbocharged the competition between states for business and jobs. CNBC's acclaimed America's Top States for Business study is back for a 15th year to determine who is winning. We will reveal the full results, including scores and rankings for all 50 states, on July 13.Our study scores the states in ten categories of competitiveness. Our tried-and-true methodology assigns a weight to each category based on how frequently states mention it in their economic development marketing. That way, we rate the states on the attributes they use to sell themselves.War for workersIt should come as no surprise that in 2022, Workforce carries the most weight in the Top States for Business rankings. Practically every state mentions it, most multiple times."Ohio's greatest asset is our workforce," proclaims JobsOhio, that state's economic development arm. "This workforce is educated, committed, skilled, and productive."The pitch helped the Buckeye State land one of the biggest economic development prizes in recent history: a $20 billion semiconductor facility being built outside Columbus by Intel.Speaking with CNBC on the day of the announcement, Intel CEO Patrick Gelsinger cited "talent" as one of the main reasons the company chose Ohio."You know, we have all of the Midwest schools," Gelsinger said, noting that The Ohio State University campus is just 20 miles from Intel's site in New Albany. "We wanted a place that had a history; a passion for manufacturing at scale."Many experts believe worker shortages will be a long-term feature in the U.S. economy, not just because of the Great Resignation, but because of demographics."We see that population growth is at its lowest in history, and this is based on birth rates just not replacing themselves," said Cara Christopher, senior vice president for business development at EMSI Burning Glass, an Idaho-based labor market consulting firm that provided some data on workforce attraction for the CNBC study. "Unfortunately, I think we're going to continue to see a labor shortage. So, it's really on employers and communities to think outside the box, finding dislocated workers."With that in mind, we have expanded our Workforce category for 2022. In addition to measuring things like college-level educational attainment, the concentration of technical workers, migration patterns and right-to-work laws, we are also looking at the availability of workers with two-year degrees and industry-recognized certifications."States really rely on people, and they rely on businesses for economic development," Christopher said. "It's really on states in partnership with many organizations within their walls to help address this and to really thrive."Infrastructure and the supply chainThe national effort to rebuild the supply chain takes more than people. Infrastructure is key, and it is the second most important category in this year's rankings."When a business makes a decision to commit half a billion dollars or more in capital to a new facility, the infrastructure darn well better be in place — the roads, the bridges, the water, access to employees, the electrical components, redundancies within the system," said Tom Stringer, managing director of the national site selection practice at BDO in New York.The new emphasis on physical facilities comes after two years of focus on remote work because of the pandemic. Stringer said the supply chain crisis has changed everything. "When there's a hiccup in the system, everybody seems to catch the cold now," Stringer said. "So, there is a big push now in manufacturing across the board."Our study looks at roads, bridges, ports and airports, access to major population centers, broadband, and utilities including the electrical grid. We also look at sustainability in the face of climate change.Infrastructure has been an important consideration in a number of major corporate location decisions, particularly in the fast-growing electric vehicle sector. This includes Rivian, which is building a $5 billion assembly plant in Georgia, and Ford, which is teaming up with South Korean battery manufacturer SK Innovation to spend $11 billion on facilities in Kentucky and Tennessee.Inflation and corporate subsidiesStates are also helping companies make their decisions by offering generous incentives for companies to set up shop there. Ford stands to collect $500 million in incentives and enjoy nearly $400 million more in infrastructure improvements for its Tennessee investment, under a deal approved by the state last year. Rivian will receive $1.5 billion in state and local subsidies for its Georgia facility.Not to be outdone, General Motors will pick up a billion in state subsidies to manufacture electric vehicles and batteries in its home state of Michigan.Subsidy watchdog Greg LeRoy of the non-profit group Good Jobs First believes the state incentives for the electric vehicle industry in particular have gotten way out of hand."It's pretty easy for states and governments to get caught up in the hype," he said. "The downside risk is overspending."He said that when states are paying, in essence, hundreds of thousands of dollars in incentives per job, the cost-benefit analysis is out of whack."Will the average worker in this factory ever pay hundreds of thousands of dollars more in taxes than they consume in state and local public services, they and their family, over their working lifetime? The answer is no way," he said. "Large, multinational, multistate companies are paying less in taxes, and everybody else is paying more." But Stringer, who worked on a number of electric vehicle deals, said states have been careful to build protections into their incentive packages."They've been performance based. So once the jobs are created, once the capital is expended, once the factory is built, then those incentives start to take hold," he said.Incentives are increasingly important in a time of record inflation, as companies seek to reduce their costs. They are among the things we measure in our Cost of Doing Business category, along with things like wages, utility costs, and rent.Culture clashIn some states, traditional friendliness toward business is running headlong into raging culture wars. Florida Gov. Ron DeSantis sought to punish Disney for speaking out against the gender education law that critics call the "Don't Say Gay" law. He pushed through a law to revoke the special tax district in Orlando that helped lure the company there in the 1960s. But Disney spoke out only after employees criticized the company for its silence about the law. Many other companies have been critical of that and other laws that are seen as targeting various groups over cultural issues, complaining that the laws not only hurt their customers, they also limit their ability to attract and retain workers.Walt Disney employees and demonstrators during a rally against the Florida "Don't Say Gay" bill at Griffith Park in Glendale, California, U.S., on Tuesday, March 22, 2022.Alisha Jucevic | Bloomberg | Getty ImagesIn 2022, our America's Top States for Business study again considers Life, Health and Inclusion. We measure the inclusiveness of state laws, as well as other quality of life issues including crime rates, environmental quality, and health care — the pandemic is not over, after all.And this year, for the first time, we consider the availability of child care, which U.S. Chamber of Commerce found is a "leading obstacle" to employees reentering the workforce.Categories of competitivenessAlso on the scorecard: Technology and Innovation; Education, with a new emphasis on career education and community colleges; Access to Capital; and Cost of Living.We are also paying attention this year to two emerging industries: cryptocurrencies and cannabis. Both help shape our Business Friendliness category, which also looks at each state's legal and regulatory climates.More CNBC features about state competitiveness are coming as we put the finishing touches on this year's rankings. As always, we want to hear from you on social media, using the hashtag #TopStates.

Worker shortages, supply chain crisis fuel 2022 Top States for Business battle.

Metamorworks | Istock | Getty ImagesA massive upheaval in the U.S. economy — including severe worker shortages, historic inflation and wrenching social unrest — is changing the very definition of competitiveness, and what it means to be a great state for business. Fortunately, CNBC's America's Top States for Business study, now in its 15th year, is built for change. We hold the states to a consistent set of standards, adapted for a seismically shifting world.To do that, we start with ten broad categories of competitiveness — the same categories, essentially, that we have used since our first study in 2007.Next, we analyze each state's economic development marketing pitches to determine the appropriate weight for each category. For example, if more states are talking about their workforces, the Workforce category is worth more possible points. That way, we measure the states based on the attributes they use to sell themselves to business.This year's study employs 88 metrics across the ten categories — the most since we began keeping score. We develop our metrics with input from a broad and diverse range of business leaders, policy experts, and the states themselves. States can earn a maximum of 2,500 total points. The states with the most points are America's Top States for Business.With employers desperately seeking workers to fill more than 11 million job openings nationwide, it should come as little surprise that Workforce carries the most weight in this year's rankings. The massive effort to rebuild the domestic supply chain helps push Infrastructure to the second position, while worries about inflation move Cost of Doing Business into third place.Our Top States study considers Life, Health and Inclusion, as the nation struggles to move past the pandemic, and states and companies grapple with the culture wars. New in the category this year: the availability of child care, which the U.S. Chamber of Commerce found is a "leading obstacle" to employees reentering the workforce.Also new this year: metrics on how friendly the states are toward emerging industries including cryptocurrency and cannabis.Our study is not an opinion survey. We gather empirical data on the states' performance in each metric using the most recent figures available.In addition to their point totals, states receive a letter grade in each category to measure their performance relative to the competition. Grading is scaled, with the high score equal to 100 percent and the low score equal to 50 percent. However, each state's overall ranking, as well as its ranking within each category, is based solely on the number of points scored.Here are this year's categories and weightings, and an explanation of each:Workforce (410 points – 16%)With skilled workers in such short supply and a new push for domestic manufacturing, the definition of a qualified worker is expanding. In addition to each state's concentration of science, technology, engineering and math (STEM) workers and the percentage of workers with college degrees, we now also consider workers with associate degrees and industry-recognized certificates. We look at which states are most successful in attracting talent at all levels, considering the net migration of educated workers to each state on a short- and long-term basis. We look at state worker training programs, right to work laws, and worker productivity based on economic output per job.Infrastructure (380 points – 15%)Rebuilding supply chains and redefining the very nature of work takes a reimagined infrastructure. We measure the vitality of each state's transportation system by the value and volume of goods shipped by air, waterways, roads and rail. We look at the condition of highways and bridges, the availability of air travel, and the time it takes to commute to work. We consider access to markets by measuring the population within 500 miles of each state. We look at the availability of vacant land, office and industrial space. With the rise of remote work, we consider the quality, availability, and price of broadband service in each state. We rate each state's utility infrastructure including the condition of drinking water and wastewater systems, the reliability of the electrical grid, and the availability of renewable energy. And we measure each state's sustainability in the face of climate change, looking at the risk of flooding, wildfires, and extreme weather.Cost of Doing Business (345 points – 14%)As inflation ravages company balance sheets, we measure the strength of each state's business tax climate. We also measure wage and utility costs, as well as the cost of office and industrial space. And we consider incentives and tax breaks that states offer to reduce business costs, with special emphasis on incentives targeted toward development in disadvantaged communities.Economy (325 points – 13%)Particularly in uncertain times, companies are seeking states with stable finances and solid economies. We examine the economic strength of each state by looking at gross domestic product growth and job growth over the past year. We measure each state's fiscal condition by looking at its credit ratings and outlook, its overall budget picture including spending, revenue and reserves, as well as pension obligations. We rate the health of the residential real estate market. Because a diverse economy is important in any environment, we consider the number of major corporations headquartered in each state.Life, Health & Inclusion (325 points – 13%)Combine an era of enhanced social consciousness with a growing worker shortage, and it explains why, now more than ever, companies are demanding that states offer a welcoming and inclusive environment for employees. We rate the states on livability factors like per capita crime rates and environmental quality. We look at inclusiveness in state laws, including protections against discrimination of all kinds, as well as voting rights. While the pandemic may be past the crisis stage, health care quality, outcomes, preparedness and public health spending remain in the spotlight. All are key drivers in this category.Technology & Innovation (250 points – 10%)Truly competitive states prize innovation, nurture new ideas, and have the resources to support them. We measure the states based on results, including the number of patents issued per capita, as well as health, science and agriculture research grants. We also consider the degree to which states foster emerging technologies such as blockchain and cryptocurrency.Business Friendliness (200 points – 8%)Companies follow the path of least resistance. That includes a legal and regulatory framework that does not overburden business. We measure each state's lawsuit and liability climates, regulatory regimes covering areas such as trade and labor, as well as overall bureaucracy. We also consider how hospitable states are toward emerging industries including cryptocurrency and cannabis.Education (165 points – 7%)Higher education institutions offer companies a source to recruit new talent, as well as a partner in research and development. We consider the number of colleges and universities in each state as well as long-term trends in state support for higher education. We also consider historically Black colleges and universities (HBCUs), which companies are increasingly seeking to partner with. With the search for talent expanding to include employees with marketable, industry-recognized skills, we measure each state's community college and career education systems. We also look at multiple measures of K-12 education including test scores, class size and spending. And we look at life-long learning opportunities in each state.Access to Capital (50 points – 2%)As business costs and interest rates rise, companies large and small need ready access to financing. We look at venture capital investments in each state, as well as traditional bank lending by state in relative and absolute terms. We also look at state-backed capital and loan guarantee programs.Cost of Living (50 points – 2%)With inflation persisting at historic levels, companies and workers are seeking states where prices are stable and daily living is affordable. The cost of living helps drive the cost of doing business. From housing to food and energy, wages go further when the cost of living is low. We measure the states based on an index of costs for basic items.Our SourcesWe base our rankings primarily on publicly available data. In addition, real estate cost and availability data are compiled for CNBC by CoStar Group. Also, labor market data firm EMSI Burning Glass developed a State Talent Attraction Scorecard exclusively for CNBC. The results are factored into the Workforce category. Most of the rest of our information comes from federal government databases. In the cases where government statistics are not available, we seek neutral and/or ideologically diverse data sources.We use data from every state's primary economic development arm, and from the most recent Annual Comprehensive Financial Report (ACFR) issued by each state, in addition to the sources listed below.ACT, Inc.Advance CTEAmerican Lung AssociationAssociation of American RailroadsATTOM Data SolutionsBecker's Hospital ReviewBrennan Center for JusticeBroadbandNow ResearchBrown University School of Public HealthU.S. Bureau of Economic AnalysisU.S. Bureau of Labor StatisticsCambridge Centre for Alternative FinanceCNBC Quantitative and Data ServicesU.S. Census BureauCenter for Election Innovation and ResearchU.S. Centers for Disease Control and PreventionCenter for Regional Economic CompetitivenessU.S. Chamber Institute for Legal ReformChild Care Aware of AmericaClimate CentralThe College BoardCoStar GroupCouncil for Community and Economic Research (C2ER)U.S. Department of AgricultureU.S. Department of CommerceU.S. Department of EducationU.S. Department of EnergyU.S. Department of Housing and Urban DevelopmentU.S. Department of JusticeEducation Week Research CenterEMSI Burning GlassU.S. Environmental Protection AgencyFederal Aviation AdministrationFederal Highway AdministrationFederal Housing Finance AgencyFirst Street FoundationFraser InstituteFreedom for All AmericansFreeman LawU.S. Geological SurveyGeorge Mason UniversityGLSENLumina FoundationMoody's Investors ServiceNational Conference of State LegislaturesNational Education AssociationNational Institutes of HealthNational Right to Work Legal Defense FoundationNational Science FoundationNational Venture Capital AssociationNorthern Illinois UniversityU.S. Patent and Trademark OfficeThe Pew Charitable TrustsS&P Dow Jones IndicesState Higher Education Executive OfficersU.S. Small Business AdministrationU.S. Surface Transportation BoardTax FoundationThompson Coburn, LLPUnited Health Foundation

How we are choosing America’s Top States for Business in 2022.

NATO Secretary General Jens Stoltenberg and Sweden's Prime Minister Magdalena Andersson give a news conference after their meeting, in Harpsund, Sweden, June 13, 2022. Henrik Montgomery/TT News Agency/via REUTERS Register now for FREE unlimited access to Reuters.comSTOCKHOLM, June 13 (Reuters) - Sweden has take important steps to meet Turkey's demands for approving Stockholm's NATO membership application, NATO Secretary General Jens Stoltenberg said on Monday during a visit to Sweden.Sweden and Finland applied to join the alliance last month, in response to Russia's invasion of Ukraine. Their applications have faced unexpected opposition from Turkey, which has been angered by what it deems is Swedish support of Kurdish militants and by a previous decision to withdraw arms export licenses to Turkey."I welcome that Sweden has already started to change its counter-terrorism legislation and that Sweden will ensure that the legal framework for arms export will reflect the future status as a NATO member with new commitments to allies," Stoltenberg said during a press conference with Swedish Prime Minister Magdalena Andersson.Register now for FREE unlimited access to Reuters.com"These are two important steps to address concerns that Turkey has raised."Andersson said Sweden had changed its terrorism laws and was in the process of further tightening."From the first of July we will also have even stronger legislation when it comes to the fight against terrorism. So here there are no questions about how strongly Sweden sees (on) terrorism and that we are willing to contribute to the fight against terrorism," she said.Stoltenberg also said the aim was to have Sweden and Finland join NATO "as soon as possible" and that it was inconceivable that NATO allies would not come to Sweden's defence if it were attacked.Register now for FREE unlimited access to Reuters.comReporting by Johan Ahlander and Simon Johnson; Editing by Simon JohnsonOur Standards: The Thomson Reuters Trust Principles.

NATO chief says Sweden has taken "important steps" to meet Turkey's demands.

Actor Johnny Depp looks on as he receives the Gold Medal of Merit on the occasion of Serbia's Statehood Day in Belgrade, Serbia, February 15, 2022. REUTERS/Zorana Jevtic/File PhotoRegister now for FREE unlimited access to Reuters.comLONDON, June 10 (Reuters) - Hollywood star Johnny Depp, who last week won a near-total victory in a defamation suit against his ex-wife Amber Heard, and English guitarist Jeff Beck will release an album of mainly covers next month, after taking to the stage together.Called "18", the 13-track album will be released on July 15. The "Pirates of the Caribbean" actor performed alongside Beck at several UK venues in the past two weeks."It's almost like you've been through a record store and gone jumping from one genre to another," Beck told Reuters on Friday, saying they first began working on the album at Depp's home in France.Register now for FREE unlimited access to Reuters.com"There's a couple of Motown, there's a couple of Beach Boy covers on ... It sounds pretty good for a home recording."Depp and Beck have recorded music since 2019 for the album, which also features two original songs by Depp, who has his own band the Hollywood Vampires. One song is about actress and inventor Hedy Lamarr."We slowly built songs that we just like. We didn't really make any design," Beck said."He has ... a very distinctive (voice) and he gets he gets music and hopefully I've enabled him to open up to some songs that he wouldn't otherwise been interested in."Last week, Depp, 58, won more than $10 million in damages after a jury in Virginia ruled Heard defamed him when she claimed she was a survivor of sexual violence.The "Aquaman" actress, who was awarded $2 million after the jury also determined she was defamed, will appeal the ruling, her attorney has said. read more Upon the verdict, Depp said the jury gave him his life back.Beck said: "I hope I have helped him a little bit having some kind of understanding and closeness and joking, and just keeping the fun thing going."Beck was speaking on the sidelines of a blue plaque event honouring late guitarist Jimi Hendrix at the London Hard Rock Hotel. The building was formerly the Cumberland Hotel, where Hendrix often resided before his 1970 death."It was one of the biggest vacuums left in rock 'n' roll," Beck said.Register now for FREE unlimited access to Reuters.comReporting by Edward Baran; Writing by Marie-Louise Gumuchian; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

Johnny Depp, Jeff Beck team up for album of cover songs.

Bitcoin offices in Istanbul, Turkey, on May 11, 2022.Umit Turhan Coskun/NurPhoto via Getty ImagesCNBC's Jim Cramer called bitcoin's collapse Crypto Monday, in what he fears is Day 1 of a reckoning in the digital currency market.In speaking off-air to tech executives during his trip to San Francisco last week, Cramer said he got the sense that Silicon Valley thinks crypto is a con and its promoters have taken an awful lot of money from unsuspecting investors. That revelation was just one of the 15 things Cramer said he learned from spending time out West for the first time since the beginning of the Covid pandemic.Cramer, who has put some of his own money in crypto in recent years, said he was able to get his money out of ether, the world's second-largest crypto, which was tanking 20%. He said he basically broke even on his original investment.Monday's 17% plunge sent in bitcoin under $23,000. That's a 66% nosedive from its all-time high back in November. The world's largest cryptocurrency is no stranger to so-called crypto winters that have given way to eventual recoveries back to records. However, Cramer questioned whether who he called "bitco maniacs" are going to come readily into the crypto market to staunch the bleeding as they have in the past.The pain is widespread.Crypto exchange Coinbase lost 13% on Monday.A rival crypto exchange, Binance, temporarily paused bitcoin withdrawals "due to a stuck transaction causing a backlog."Crypto lender Celsius paused all account withdrawals and transfers, citing "extreme market conditions."Microstrategy, led by bitcoin evangelist Michael Saylor whose company is heavily invested in the digital coin, lost 26%.The plunge in bitcoin and the crypto market at large are not systemic risks but rather a "necessary cleansing of speculation," Cramer said. His Charitable Trust, which is the portfolio for CNBC's Investing Club, has no exposure to crypto or stocks related to it.(See here for a full list of the stocks in Jim Cramer's Charitable Trust.)As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY, TOGETHER WITH OUR DISCLAIMER.  NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.  NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

Cramer dubs bitcoin collapse Crypto Monday, says many tech execs call it a con.

People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022.Andrew Kelly | ReutersConsumer expectations for inflation and spending in the year ahead both hit record levels in May, the same month prices rose at their fastest pace since late 1981, the New York Federal Reserve reported Monday.The outlook for price gains in the coming year increased to 6.6% for the month, up 0.3 percentage points from April and tied with March for the highest rate on record for a survey that goes back to June 2013. That came even though three-year inflation expectations remained essentially unchanged at 3.9%.At the same time, median household expectations for spending increases over the next 12 months soared to 9%, up a full percentage point from the previous month. That's up sharply from the 5.5% rate to start the year and nearly double the 5% expectation from a year ago.Both increases came the same month that the consumer price index rose 1% from April and 8.6% from May 2021, the biggest gain since December 1981. Major increases in food, energy and shelter costs drove the gain and put added pressure on the Fed to raise interest rates.Sentiment also dimmed about the stock market, which has been getting thrashed amid worries about rising inflation and a potential recession on the horizon.Just 36.2% of respondents expect the market to be higher a year from now, a dip from the 37.9% reading in April and also a new series low.In addition to the rising prices, consumers said it was harder to get credit.The level of consumers saying it was more difficult to obtain financing jumped to 11.4%, up from about 9% the previous month, to the highest level since October 2020.Job insecurity also grew, despite an increase of 390,000 in nonfarm payrolls for the month and about a 2 to 1 ratio of employment openings to available workers.Those saying they feared losing their job rose to 11.1%, still well below the long-term average but the highest level since January. Expectations for the unemployment rate to be higher in a year increased to 38.6%, the highest level since February 2021.

Expectations for inflation and spending hit record levels in May, New York Fed survey shows.

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File PhotoRegister now for FREE unlimited access to Reuters.comNEW YORK, June 13 (Reuters) - Bank of America Corp's (BAC.N) Chief Financial Officer Alastair Borthwick said on Monday that there is no sign of recession in the bank's loan portfolio, which remains on a healthy trajectory."There's this question of what will happen in the future, and there's what are we seeing right now. And what we're seeing right now, credit is in great shape," Borthwick said at a conference hosted by Morgan Stanley, when asked about asset quality. He added that sectors like travel and restaurants are still seeing credit quality improvements.Register now for FREE unlimited access to Reuters.comReporting by Carolina Mandl and Elizabeth Dilts Marshall; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Bank of America's CFO says no sign of recession, credit deterioration.

Ireland's Prime Minister Micheal Martin and President of the European Central Bank Christine Lagarde take part at a panel discussion at the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. REUTERS/Arnd WiegmannRegister now for FREE unlimited access to Reuters.comLONDON, June 13 (Reuters) - Irish Prime Minister Micheal Martin warned Britain on Monday that a unilateral breach by London of post-Brexit trade rules for Northern Ireland, agreed with the European Union, would be "very serious"."Unilateral breach of the Protocol is very serious - an international deal ratified by British Parliament and approved by the PM," Martin said on Twitter."It goes to the heart of the issue of trust."Register now for FREE unlimited access to Reuters.comReporting by Andy Bruce; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.

Ireland says UK breach of Northern Ireland protocol 'very serious'.

Let's be clear about one thing: markets aren't in turmoil because the Fed might hike 75 basis points this week. They're in turmoil because inflation is really bad, and no one has yet stepped up to declare--like Mario Draghi of Europe did when their debt crisis was reaching a climax--that the central bank will do "whatever it takes" to fix the problem.  Of course the Fed wants to "balance" the inflation fight against the risks of sending the economy into recession. Unfortunately, inflation is proving just as damaging to Americans. Consumer sentiment just plunged to a record low in the University of Michigan's 75-year series history. It's worse now, in other words, than at any point in any prior recession since 1952. Is this what success is supposed to look like?  It's not. It's a clear failure. And worse, there's no relief in sight. Even if Russia ends the war on Ukraine and its energy supplies return to the global market, the world is under-supplied in oil right now. Global demand is higher than supply, even including Russian barrels. The unexpectedly sharp rebound in demand has tightened markets of all types to the point of breaking, and it was global stimulus that juiced us to this point, before pandemic-hit supply chains were ready to handle it.  Now, no one can keep up with demand because we literally don't have enough workers, and the resulting wage pressures are spreading inflation throughout every aspect of the economy. The global stimulus created a curious problem: too many jobs all at once. There just aren't enough available workers to fill all the jobs employers need filled right now. The market is quickly trying to find a clearing point through (a) resetting pay higher, and (b) destroying "phantom" job openings like those in stimulus-juiced industries (crypto, anyone?) that were more or less a mirage.  The Fed at best can get out of the way and not counteract this process right now. By pivoting to rate hikes and balance sheet shrinkage, it is at least slowing the amount of stimulus it's adding to the economy--stimulus that would worsen these problems. The fact that so much of the economy's "nominal" growth is being eaten up by inflation right now is plain evidence that policy overshot. The U.S. should be growing around 4-5% a year nominally, or 2-3% in real terms after inflation. Instead, we exploded to almost 10% nominal growth last year, and each quarter we have less "real" growth leftover to show for it, because it's all going into inflation. And--the Fed is still running expansionary policy! Don't be fooled by the rate hikes and "quantitative tightening." If the "neutral" level of interest rates is at least 2.5% right now (and it's probably higher, because inflation is so high), then any rate below that level is stimulative. They could hike 75 basis points this week and that only puts them in the 1.5% to 1.75% range--still way below neutral, let alone "tight" monetary policy.  And yes, the balance sheet reduction also counts towards that goal, but it's not clear by how much. One recent paper suggests $2 trillion in reduction over 3 years is only equal to about 30 basis points of rate hikes; 90 basis points if markets are extremely risk averse. Put differently, QT raises the odds of a financial markets "accident" and is necessary to avoid leaving too much inflationary dry powder in the economy, but doesn't equal much in terms of tightening policy.  This is why interest rates are once again spiking higher, especially since the super-high CPI report last Friday. The 10-year Treasury yield nearly hit 3.3% this morning; that means the 30-year fixed mortgage rate will probably cross above 6% by this afternoon. The market isn't just trying to figure out the odds of a 75-basis-point rate hike this week, but calculating just how much more the Fed needs to do against how much it is willing to do right now, and how much worse inflation will be for how many more months as a result.  Would markets freak out if Fed Chair Powell came to the podium on Wednesday and said, bluntly, the Fed will do "whatever it takes" to bring inflation back down quickly to their 2% target? After all, markets are already freaking out! The Dow just had its worst losing streak in almost a century. The dollar is soaring, which is never good. The S&P reentered a bear market with the renewed selling pressure this morning. What's worse, for us to linger here for months with continued macro uncertainty, feeling like we're in a recession anyhow? Or to have the Fed move more quickly to truly tighten policy, and give markets some much-needed clarity on the preeminence of their inflation-fighting goal? Congress may have given them a "dual mandate" on price stability and full employment, but it forgot the lesson from Scripture; "man cannot serve two masters." And no one else but the Fed can truly fix the inflation problem, as we have had to keep learning over the years.  See you at 1 p.m! KellyTwitter: @KellyCNBCInstagram: @realkellyevans

Kelly Evans: The "whatever it takes" moment is building.

The company's LV0010 rocket stands on the launchpad at Florida's Cape Canaveral ahead of the NASA TROPICS-1 mission.AstraShares of rocket-builder Astra fell sharply in trading on Monday after a weekend launch carrying NASA satellites failed to reach orbit.Astra's rocket LV0010 took off on Sunday from launch complex 46 at Cape Canaveral in Florida, carrying two satellites on NASA's TROPICS-1 mission. The first part of the mission went as planned, but the engine on the upper portion of the rocket shut down early and the company was unable to deploy the satellites."We are reviewing flight data to determine the root cause of this anomaly and will provide additional information when it is available," Astra wrote in a securities filing.Astra stock fell as much as 25% from its previous close of $2.02 a share. The TROPICS-1 mission represents the company's second mission failure in three launches this year.In a tweet, Astra CEO Chris Kemp noted that NASA needs to have four of the planned six TROPICS satellites in orbit to be successful, so "the next two launches need to work." TROPICS-1 was the first of three missions that NASA awarded to Astra. "Our team understands what is at stake," Kemp said.The company's vehicle stands 43 feet tall and is considered a small rocket in the launch market. Astra's goal is to launch as many of its small rockets as it can — aiming to hit a rate of one rocket per day by 2025 — and further drop its $2.5 million price tag.Astra went public last year after completing a SPAC merger, raising funds to build out production of its small rockets, expand its facilities in Alameda, California, and grow its spacecraft and spaceport business lines.

Astra's stock drops 25% after rocket failed to deliver NASA mission to orbit.

People attend an urban music festival housed in the open parking lot of a shopping center in Caracas, Venezuela June 4, 2022. Picture taken June 4, 2022. REUTERS/Leonardo Fernandez ViloriaRegister now for FREE unlimited access to Reuters.comCARACAS, June 13 (Reuters) - Venezuelan pop and reggaeton fans able to pay the equivalent of the country's monthly minimum wage for a concert ticket are filling venues for the first time in over seven years to see their favorite national and international artists.A partial easing of economic woes in the country, which remains marked by extreme inequalities, has encouraged the return of music events in Caracas and other cities.Since March, singers such as the Dominican Republic's Natti Natasha, the Colombian band Morat and vocal group Il Divo have performed in venues around the country.Register now for FREE unlimited access to Reuters.com"Many artists decided not to come to Venezuela (for years)," said Felix Colmenares, an event producer, noting many of his peers left the country amid an ongoing exodus which has seen six million Venezuelans migrate since 2015.The events, mostly accommodating just a few thousand spectators, have tended to sell out, including an urban music festival that took place earlier this month in the parking lot of a Caracas shopping center.The thriving concert scene is one of several recent signs of a superficial improvement in Venezuela's economy since the relaxation of currency controls in 2019 and broader adoption of the U.S. dollar, allowing the emergence of more high-end restaurants, cafes and even casinos, which were legalized in 2020.A local fashion week even resumed at the end of April inside a luxury hotel in Valencia, the capital of the central state of Carabobo, showcasing 27 homegrown designers' creations - from gala to casual wear in an effort to revive the country's struggling textile industry.Two sources from the textile and footwear sector said they are reckoning with a series of tax hikes and tight credit, although dollarization "helps.""People and concert promoters have given themselves the opportunity to bring joy, to change the reality a bit," said Fabian Garcia, a hospitality student who traveled to the capital to attend the festival at the shopping center.But "in Venezuela we find contrasting realities (...) Caracas is a bubble," added the 18-year-old. In his western Venezuelan hometown of Merida, he said he suffers from frequent power and water outages as well as gasoline shortages.The country is still struggling with low industrial production, deteriorating transportation services and a healthcare crisis, according to economists.Inequality has worsened, with the income of the richest fifth of the population increasing last year to 46 times that of the poorest fifth, doubling the gap recorded in 2020, according to calculations by the local firm Anova Policy. It also noted a lumpy recovery in consumption across different segments of the population.Given concert tickets cost from around $30 - roughly equivalent to the country's monthly minimum wage - up to $500, access is still limited to a tiny minority, with inflation and dollarization accentuating wage gaps. read more "One sees these pockets of exuberance in some sectors while elsewhere there are signs of devastating precariousness," said economist Leonardo Vera, who added that while the flow of oil revenue is increasing amid near record global prices, it is still far from the boom of a decade ago."Venezuela is still very weak and we can't talk about a recovery yet," Vera said, noting the poor state of services and infrastructure.Nearly two-thirds of households report a deterioration in electricity and water supplies, according to local observatory group, and companies are operating at 28% capacity, according to industry group Conindustria.The public health sector is perhaps where the situation is most stark. In May, Reuters visited a hospital in the southwest of Caracas, where patients were lying on the floor waiting to be seen and at least four of its nine floors were closed.Car dealerships, which were closed as companies including General Motors and Ford shuttered or scaled back local production, now house imported SUVs. Purchases of cars and trucks abroad increased 30% in the first quarter of 2022 versus the same period a year earlier, according to industry estimates.Omar Zambrano, an economist and Anova's director, said the egalitarian dream of Venezuela's late socialist leader Hugo Chavez has yielded to an "super-savage market economy" where it is "every man for himself."At the urban music festival in Caracas, many concert-goers appeared to be skipping more costly trappings, with most opting for $2 beers rather than $60 bottles of vodka that black tied-clad waiters served in the VIP area."This is for people who really can manage it, for whom it's not so hard to pull together a little more money," said Camila Oliveros, a 19-year-old nursing student. "Not everyone can make it because many people work, work, work and every bit they make is just to eat."Register now for FREE unlimited access to Reuters.comReporting by Vivian Sequera, Mayela Armas in Caracas and Tibisay Romero, in Valencia, Venezuela; Writing by Isabel Woodford; Editing by Christian Plumb, Julia Symmes Cobb and Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Concerts and catwalks return to Venezuela, but only for those with cash.

A demonstration organized by the ParentsTogether Foundation in support of the child tax credit portion of the Build Back Better bill outside the U.S. Capitol on Dec. 13, 2021.Sarah Silbiger/Bloomberg via Getty ImagesHow the child tax credit helped familiesThe child tax credit was enhanced as part of President Joe Biden's American Rescue Plan, signed into law in March 2021. For the last six months of 2021, families with eligible children received monthly payments of up to $300 per child through the credit. The second half of the credit was delivered to families this year in the form of a tax refund.The benefits of the enhanced credit were widespread, lowering child poverty, food insecurity and financial anxiety for millions of families with kids. Those results were most prominent for Black and Latino children.Making the credit fully refundable — meaning that families with no or very little earned income could still receive its full value — extended the benefit to 27 million children, according to data from the Center on Budget and Policy Priorities. That included half of Black and Latino children who were previously unable to qualify for the credit or only got a partial benefit.When the enhancements to the credit lapsed at the end of 2021, the benefits families saw from the monthly checks were swiftly reversed. Millions of children fell back into poverty, the Center on Budget and Policy Priorities found, and food insecurity and financial instability ticked back up. Now, amid the highest inflation in about 40 years, roughly half of low-income families are struggling to buy enough food without the credit."While the poverty rate among white children will also increase, it will nevertheless remain nearly two-thirds lower than among Black and Latino children," the racial justice organizations' letter says. "This is simply unacceptable."What's next for the child tax creditTo be sure, the regular child tax credit is still available for families with eligible children. Instead of getting advanced monthly payments and the larger amount from the enhanced benefit, families can claim the original credit, which is a maximum of $2,000, when they file their 2022 tax return next year.The enhanced child tax credit was included in Democrats' Build Back Better plan, a roughly $1.75 trillion economic bill that failed to pass the Senate. Now, as Democrats attempt to rework the proposal, the enhanced child tax credit hangs in the balance — it was one of the initiatives President Biden was ready to drop from the legislation in an attempt to pass it.There are two pieces of the enhanced benefit that advocates would like to see continue. The first is the full refundability of the credit, which allowed it to reach more children than ever before."Those are the kids who were struggling the most before and for whom the CTC made the most difference, and who were really left in a lurch by the expiration," said Adam Ruben, director of the Economic Security Project.The second element advocates want to preserve is the monthly payments, which helped families keep up with everyday expenses, he added.Expanding the enhanced credit through 2025 would have significantly lowered child poverty and lifted more than 4 million children from living in poverty, according to the Urban Institute."Poverty is a policy choice," the organizations wrote in the letter. "Allowing millions of children, including more than 2.5 million Black and Latino children, to fall back into poverty is also a political choice."SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox. For the Spanish version Dinero 101, click here.Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.

Why racial justice organizations are calling on Congress to reinstate the enhanced child tax credit.

U.S. Capitol Police officer Caroline Edwards and British filmmaker Nick Quested, are sworn during the hearing of the U.S. House Select Committee to Investigate the January 6 Attack on the United States Capitol, on Capitol Hill in Washington, U.S., June 9, 2022. Jabin Botsford/Pool via REUTERSRegister now for FREE unlimited access to Reuters.comWASHINGTON, June 13(Reuters) - A key witness withdrew from a hearing on Monday of the U.S. congressional committee investigating the Jan. 6, 2021 attack on the Capitol but the panel went ahead with its plans to highlight former President Donald Trump's baseless claims that the 2020 election was stolen.The hearing started about 45 minutes late after William Stepien, Trump's campaign manager in the final few months of the White House race, pulled out at the last minute, citing a family emergency.The second of six public hearings expected this month, the session is to focus on former Trump's insistence that his 2020 election defeat was the result of widespread fraud, an unfounded allegation known as the "Big Lie."Register now for FREE unlimited access to Reuters.comThe remaining witnesses included a former Fox News political editor and officials from Atlanta and Philadelphia who resigned as Trump's allies questioned election results in their states. read more The panel is holding the hearings to discuss initial findings of its year-long investigation into the events of Jan. 6, when thousands of Trump supporters attacked the Capitol as Vice President Mike Pence and lawmakers met to certify Trump's defeat in the November 2020 election by Democrat Joe Biden.Monday's session followed a blockbuster hearing on Thursday night featuring testimony showing that close Trump allies - even his daughter Ivanka - rejected his false claims of voting fraud. read more Nearly 20 million Americans watched the unusual hearing aired in the "primetime" peak television viewing hours.Trump has denied wrongdoing and he and his supporters dismiss the Democratic-led Select Committee as a political witchhunt. Democrats call it a necessary investigation into a terrible and deadly event and say House of Representatives Speaker Nancy Pelosi wanted a bipartisan independent commission but Republicans refused.REMAINING WITNESSESThe remaining witnesses included Chris Stirewalt, a former political editor at Fox News, who was initially scheduled to appear beside Stepien.Monday's witnesses also were to include conservative Republican election attorney Ben Ginsberg, Byung J. "BJay" Pak, who resigned as U.S. attorney in Atlanta as Trump's camp questioned Georgia's election results, and Al Schmidt, the only Republican on Philadelphia's elections board who became a target of attacks after he defended the integrity of the 2020 vote.Georgia and Pennsylvania were among states that backed Trump in the 2016 election, but went for Biden in 2020. They have been a focus of the unfounded assertions of election fraud.A committee aide told reporters during a conference call previewing the hearing that Representative Zoe Lofgren would play a leading role during Monday's hearing.Four people died the day of the attack, one fatally shot by police and the others of natural causes. Some 140 police officers were injured, and one died the next day. Four officers later died by suicide.Nearly 850 people have been arrested for crimes related to the riot, including more than 250 charged with assaulting or impeding law enforcement. Of those, about 90 have been charged with using a deadly or dangerous weapon or causing serious bodily injury to an officer.The aide declined comment on whether any of Monday's witnesses would be testifying under subpoena. He had also declined to say whether Stepien was expected to be a confrontational witness.Stepien's firm is working with Harriet Hageman, a Trump-endorsed candidate running against Representative Liz Cheney, vice chairperson of the Jan. 6 Select Committee, in the Republican primary for Cheney's Wyoming House seat. Cheney and Representative Adam Kinzinger are the only two Republicans on the nine-member select committee.House Republicans voted to remove Cheney from her caucus leadership position after she criticized Trump, and she has been a target of verbal attacks by the former president.Register now for FREE unlimited access to Reuters.comReporting by Patricia Zengerle; editing by Andy Sullivan and Alistair BellOur Standards: The Thomson Reuters Trust Principles.

Former Trump campaign manager drops out of Jan. 6 'Big Lie' hearing.

World June 13, 2022 / 10:18 AM / CBS News Queen's Platinum Jubilee: Pomp and circumstance Queen's Platinum Jubilee: Pomp and circumstance 05:32 Queen Elizabeth II is officially the second-longest reigning monarch in world history, with 70 years and 127 days on the throne as of Monday, June 13.The queen, who began her reign in 1952 at age 25, is already the longest-serving British monarch ever, surpassing her great-great-grandmother, Queen Victoria, in 2015. This month, the U.K. celebrated Queen Elizabeth II's 70-year reign with the Platinum Jubilee — four days of events honoring her service.  Queen Elizabeth and Philip, Duke of Edinburgh. She ascended to the throne after the death of her father, King George VI, in 1952. Keystone/Getty Images On Monday, the queen surpassed the long reign of Thailand's King Bhumibol Adulyadej, who held his role from 1946 until his death in 2016, BBC News reported.  That leaves just one monarch ahead of Elizabeth in the record books: France's King Louis XIV. Louis gained his title at the age of just 4 years old, in 1643, and remained king until his death in 1715 — 72 years and 110 days. He began to rule personally in 1661, when he was finally old enough.Should Queen Elizabeth reign for about two more years, until May 2024, she would surpass King Louis XIV as the longest-reigning monarch ever, according to the BBC. Elizabeth became queen after her father, King George VI, died on February 6, 1952. The following year, she was officially crowned at age 27 in a coronation ceremony that was the first to be broadcast on live television, with about 27 million people watching in United Kingdom alone. Queen Elizabeth II through the years 76 photos As a princess, she served in World War II as the first female member of the royal family to serve as a full-time active member of the military. She served in the women's branch of the British Army — the Auxiliary Territorial Service — and she learned to drive and maintain vehicles.Since becoming queen she has met 13 of the 14 U.S. presidents who have served during her reign — all of them except President Lyndon Johnson. Haley Ott contributed to this report. In: Queen Elizabeth II Caitlin O'Kane Caitlin O'Kane is a digital content producer covering trending stories for CBS News and its good news brand, The Uplift. Thanks for reading CBS NEWS. Create your free account or log in for more features. Please enter email address to continue Please enter valid email address to continue

Queen Elizabeth II is officially the second-longest reigning monarch in world history.

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 18, 2022. REUTERS/Andrew Kelly/File Photo/File PhotoRegister now for FREE unlimited access to Reuters.comNEW YORK, June 13 (Reuters) - The stock market's brutal year neared a grim milestone as the S&P 500's slide on Monday threatened to leave it in a bear market for the first time since March 2020, fueled by worries over sky high inflation, a hawkish Federal Reserve and future economic growth.The benchmark S&P 500 (.SPX) index fell below 3837.248 during Monday's session, a decline that on an intraday basis put it more than 20% below its Jan. 3 record closing high. If the index maintains such a decline through the market's close, the 20% drop would confirm a commonly used definition of a bear market.If history is any guide, a bear market would mean more pain could be in store for investors. The S&P 500 has fallen by an average of 32.7% in 13 bear markets since 1946, including a nearly 57% drop during the 2007-2009 bear market during the financial crisis, according to Sam Stovall, chief investment strategist at CFRA.Register now for FREE unlimited access to Reuters.comIt has taken a little over a year on average for the index to reach its bottom during bear markets, and then roughly another two years to return to its prior high, according to CFRA. Of the 13 bear markets since 1946, the return to breakeven levels has varied, taking as little as three months to as long as 69 months.Reuters GraphicsThe S&P 500 surged some 114% from its March 2020 low as stocks benefited from emergency policies put in place to help stabilize the economy in the wake of the COVID-19 pandemic.Those gains went into reverse at the start of 2022 as the Fed grew far more hawkish and signaled it would tighten monetary policy at a faster-than-expected clip to fight surging inflation. It has already raised rates by 75 basis points this year and expectations of more hikes ahead, including at this week's Fed meeting, have weighed on stocks and bonds.Fed Chairman Jerome Powell has vowed to raise rates as high as needed to kill inflation but also believes policymakers can guide the economy to a so-called soft landing. Adding to the volatility this year has been the war in Ukraine, which has caused a further spike in oil and other commodity prices.After the S&P 500 nearly confirmed a bear market last month, the market rallied back, amid some hopes the Fed could slow its rate-hike pace later this year.But Wall Street last week posted its biggest weekly decline since January, with the latest blow to stocks coming on Friday, when data showed U.S. consumer prices accelerated in May as gasoline prices hit a record high and the cost of food soared, leading to the largest annual increase in nearly 40-1/2 years. read more for 2022A few areas of the stock market have been spared. Energy shares have soared this year, along with oil prices, while defensive groups such as utilities have held up better than broader markets.Reuters Graphics Reuters GraphicsOn the flip side, shares of technology and other high-growth companies have been hit hard. Those stocks -- high fliers during much of the bull market over the past decade -- are particularly sensitive to higher yields, which dull the allure of companies whose cash flows are weighted more in the future and diminished when discounted at higher rates.Some of the biggest of these companies, such as Tesla (TSLA.O) and Facebook owner Meta Platforms (META.O), are also heavily weighted in the S&P 500 index.Reuters GraphicsInvestors have looked at various metrics to determine when markets will turn higher, including the Cboe Volatility Index (.VIX), also known as Wall Street’s fear gauge. While the index is elevated compared to its long-term median, it is still below levels reached in previous major sell-offs.historical dataRegister now for FREE unlimited access to Reuters.comReporting by Lewis Krauskopf; editing by Megan Davies and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Bear market beckons as U.S. stocks' 2022 descent deepens.

get the free app Updated on: June 13, 2022 / 11:36 AM / CBS News CBS News Live CBS News Live Live The House Jan. 6 committee's second of a series of public hearings kicked off Monday after a slight delay when one of the key witnesses backed out of his scheduled appearance after his wife went into labor.Originally set to start at 10 a.m. ET, committee chair Bennie Thompson gaveled in the hearing at 10:46 a.m. ET. Thompson and vice chair Liz Cheney said they would be focusing Monday's hearing on how advisers told former President Donald Trump that he lost the election – but he continued to peddle these false claims. "This morning, we'll tell the story of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss decided to wage an attack on our democracy, an attack on the American people, by trying to rob you of your voice in our democracy — and in doing so, lit the fuse that led to the horrific violence of January 6th, when a mob of his supporters stormed the Capitol, sent by Donald Trump to stop the transfer of power," Committee chair Rep. Bennie Thompson said. On election night, despite the advice of some of his closest allies, Trump followed the advice of an "apparently inebriated" Rudy Giuliani, Cheney said.    Chris Stirewalt, former Fox News political editor, is sworn in to testify as the House select committee investigating the Jan. 6 attack on the U.S. Capitol continues to reveal its findings of a year-long investigation, at the Capitol in Washington, Monday, June 13, 2022. Susan Walsh / AP "You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."Thompson and Cheney said they would show "much more" of Attorney General William Barr's testimony. In testimony they showed on Thursday, Barr said he knew that Trump's claims of a stolen election were "bullsh**."The first witness up on Monday was former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Trump's campaign manager, Bill Stepien, no longer appeared Monday after his wife went into labor. His lawyer,  Kevin Marino, is appearing and the committee will show some of Stepien's video testimony.There also will be a panel of witnesses  featuring election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt.    1m ago Former Fox News editor says he had no doubts Biden would win after network's controversial Arizona call Former Fox News editor Chris Stirewalt described the Fox News Decision Desk's controversial decision to call the race for Joe Biden in Arizona, and the implications that had. Fox News was the first network to call Arizona for Biden, and everyone on the team had to agree to call the state for the candidate. "We were able to make the call early. We were able to beat the competition," Stirewalt said. Rep. Zoe Lofgren asked Stirewalt whether he had doubts that Biden would win the election after that Arizona call. "After that point? None," Stirewalt said. Stirewalt was fired from Fox News in January 2021, a firing he said came after his decision to defend the network calling Arizona for Biden.    7m ago : Barr said "everyone understood for weeks" there would be a surge of Democratic votes from mail-in ballots In a taped interview with House investigators, Barr recalled that Trump's claims of election fraud were made "before there was any potential evidence" and was based on the notion that many votes for Democrats were tallied later on the night of November 3 as mail-in and absentee ballots were counted, which was to be expected."It seemed to be based on the dynamic that at the end of the evening, a lot of Democrat votes came in which changed the vote count in certain states and that seemed to be the basis for this broad claim that there was major fraud," Barr said, according to a clip played by the committee. "And I didn't think much of that because people had been talking for weeks and everyone understood for weeks that that was going to be what happened on election night."Bill Stepien, Trump's 2020 campaign manager, told House investigators he told the president they would have to "wait and see" the outcome of the election. "I always told the president the truth, and you know, I think he expected that from me and I told him  it was going to be a process and you know, we'll have to wait and see how this turns out. Just like I did in 2016, I did in 2020," Stepien said, according to a clip of a taped interview with the committee that was played.   12m ago Video shown of depositions of Ivanka Trump, Jared Kushner and more Trump allies about election night Some of President Trump's top aides described the atmosphere on Election Night at the White House, saying it was clear to many of them that it was too early to claim victory that night. Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House that night. Jason Miller said the mood shifted when Fox News declared victory for Joe Biden, but Rudy Giuliani, who appeared to be intoxicated, wanted President Trump to declare victory. "The mayor was definitely intoxicated," top aide Jason Miller said, adding that he didn't "know the level of his intoxication.The president's daughter told committee investigators "it was becoming clear that the race would not be called on Election Night." Bill Stepien said he recommended the president say that votes were still being counted and it was too early to call the race. "But we are proud of the race we ran and we think we are in good position and we'll have more to say about this the next day," he said, adding that the president disagreed with that message.    26m ago Lofgren says Trump knew election fraud claims were false Committee member Rep. Zoe Lofgren said not only did the president's closest advisers know claims of widespread election fraud were false, but Trump knew it, too. "Mr. Trump's closest advisers knew it. Mr. Trump knew it," she said.Lofgren also alluded that the Trump operation raised a lot of money off the false idea that there was rampant fraud, enough to change the election results. "The 'Big Lie' was also a big ripoff," she said.    30m ago Cheney says Trump followed advice of "apparently inebriated" Giuliani to claim victory on election night In her opening remarks, committee Vice Chair Liz Cheney laid out a roadmap for what the public will hear during the select committee's second hearing and revealed that Trump, on the night of the election, took advice from an "apparently inebriated" Rudy Giuliani, his personal attorney."You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."The committee, she said, will lay out Trump's effort to convince Americans that the 2020 election was stolen from him and rife with voter fraud, despite the former president knowing that the counting of mail-in ballots in key battleground states would take days.Cheney said Americanas will also hear more from former Attorney General Bill Barr, who appeared before the panel behind closed doors, and from others within the Justice Department who told Trump his baseless claims of election fraud were "nonsense."Cheney played testimony from former White House lawyer Eric Herschmann , who rejected Trump's claims that voting machines from Dominion Voting Systems were switching votes cast for Trump to instead support President Biden."I never saw any evidence whatsoever to sustain" those allegations, he told House investigators.   46m ago Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    59m ago Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    10:12 AM January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   9:59 AM Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

get the free app Updated on: June 13, 2022 / 11:38 AM / CBS News CBS News Live CBS News Live Live The House Jan. 6 committee's second of a series of public hearings kicked off Monday after a slight delay when one of the key witnesses backed out of his scheduled appearance after his wife went into labor.Originally set to start at 10 a.m. ET, committee chair Bennie Thompson gaveled in the hearing at 10:46 a.m. ET. Thompson and vice chair Liz Cheney said they would be focusing Monday's hearing on how advisers told former President Donald Trump that he lost the election – but he continued to peddle these false claims. "This morning, we'll tell the story of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss decided to wage an attack on our democracy, an attack on the American people, by trying to rob you of your voice in our democracy — and in doing so, lit the fuse that led to the horrific violence of January 6th, when a mob of his supporters stormed the Capitol, sent by Donald Trump to stop the transfer of power," Committee chair Rep. Bennie Thompson said. On election night, despite the advice of some of his closest allies, Trump followed the advice of an "apparently inebriated" Rudy Giuliani, Cheney said.    Chris Stirewalt, former Fox News political editor, is sworn in to testify as the House select committee investigating the Jan. 6 attack on the U.S. Capitol continues to reveal its findings of a year-long investigation, at the Capitol in Washington, Monday, June 13, 2022. Susan Walsh / AP "You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."Thompson and Cheney said they would show "much more" of Attorney General William Barr's testimony. In testimony they showed on Thursday, Barr said he knew that Trump's claims of a stolen election were "bullsh**."The first witness up on Monday was former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Trump's campaign manager, Bill Stepien, no longer appeared Monday after his wife went into labor. His lawyer,  Kevin Marino, is appearing and the committee will show some of Stepien's video testimony.There also will be a panel of witnesses  featuring election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt.    3m ago Former Fox News editor says he had no doubts Biden would win after network's controversial Arizona call Former Fox News editor Chris Stirewalt described the Fox News Decision Desk's controversial decision to call the race for Joe Biden in Arizona, and the implications that had. Fox News was the first network to call Arizona for Biden, and everyone on the team had to agree to call the state for the candidate. "We were able to make the call early. We were able to beat the competition," Stirewalt said. Rep. Zoe Lofgren asked Stirewalt whether he had doubts that Biden would win the election after that Arizona call. "After that point? None," Stirewalt said. Stirewalt was fired from Fox News in January 2021, a firing he said came after his decision to defend the network calling Arizona for Biden.    9m ago Barr said "everyone understood for weeks" there would be a surge of Democratic votes from mail-in ballots In a taped interview with House investigators, Barr recalled that Trump's claims of election fraud were made "before there was any potential evidence" and was based on the notion that many votes for Democrats were tallied later on the night of November 3 as mail-in and absentee ballots were counted, which was to be expected."It seemed to be based on the dynamic that at the end of the evening, a lot of Democrat votes came in which changed the vote count in certain states and that seemed to be the basis for this broad claim that there was major fraud," Barr said, according to a clip played by the committee. "And I didn't think much of that because people had been talking for weeks and everyone understood for weeks that that was going to be what happened on election night."Bill Stepien, Trump's 2020 campaign manager, told House investigators he told the president they would have to "wait and see" the outcome of the election. "I always told the president the truth, and you know, I think he expected that from me and I told him  it was going to be a process and you know, we'll have to wait and see how this turns out. Just like I did in 2016, I did in 2020," Stepien said, according to a clip of a taped interview with the committee that was played.   14m ago Video shown of depositions of Ivanka Trump, Jared Kushner and more Trump allies about election night Some of President Trump's top aides described the atmosphere on Election Night at the White House, saying it was clear to many of them that it was too early to claim victory that night. Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House that night. Jason Miller said the mood shifted when Fox News declared victory for Joe Biden, but Rudy Giuliani, who appeared to be intoxicated, wanted President Trump to declare victory. "The mayor was definitely intoxicated," top aide Jason Miller said, adding that he didn't "know the level of his intoxication.The president's daughter told committee investigators "it was becoming clear that the race would not be called on Election Night." Bill Stepien said he recommended the president say that votes were still being counted and it was too early to call the race. "But we are proud of the race we ran and we think we are in good position and we'll have more to say about this the next day," he said, adding that the president disagreed with that message.    28m ago Lofgren says Trump knew election fraud claims were false Committee member Rep. Zoe Lofgren said not only did the president's closest advisers know claims of widespread election fraud were false, but Trump knew it, too. "Mr. Trump's closest advisers knew it. Mr. Trump knew it," she said.Lofgren also alluded that the Trump operation raised a lot of money off the false idea that there was rampant fraud, enough to change the election results. "The 'Big Lie' was also a big ripoff," she said.    32m ago Cheney says Trump followed advice of "apparently inebriated" Giuliani to claim victory on election night In her opening remarks, committee Vice Chair Liz Cheney laid out a roadmap for what the public will hear during the select committee's second hearing and revealed that Trump, on the night of the election, took advice from an "apparently inebriated" Rudy Giuliani, his personal attorney."You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."The committee, she said, will lay out Trump's effort to convince Americans that the 2020 election was stolen from him and rife with voter fraud, despite the former president knowing that the counting of mail-in ballots in key battleground states would take days.Cheney said Americanas will also hear more from former Attorney General Bill Barr, who appeared before the panel behind closed doors, and from others within the Justice Department who told Trump his baseless claims of election fraud were "nonsense."Cheney played testimony from former White House lawyer Eric Herschmann , who rejected Trump's claims that voting machines from Dominion Voting Systems were switching votes cast for Trump to instead support President Biden."I never saw any evidence whatsoever to sustain" those allegations, he told House investigators.   48m ago Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    10:38 AM Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    10:12 AM January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   9:59 AM Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

A model of the all-new Ford F-150 Lightning electric pickup is parked in front of the Ford Motor Company World Headquarters in Dearborn, Michigan, U.S., April 26, 2022. REUTERS/Rebecca CookRegister now for FREE unlimited access to Reuters.comWASHINGTON, June 13 (Reuters) - General Motors Co (GM.N), Ford Motor Co (F.N), Chrysler-parent Stellantis NV (STLA.MI) and Toyota Motor North America (7203.T) on Monday urged Congress to lift a cap on the $7,500 electric vehicle tax credit, citing higher costs to produce zero-emission vehicles, according to a letter seen by Reuters.The CEOs -- GM's Mary Barra, Ford's Jim Farley, Stellantis' Carlos Tavares and Toyota North America CEO Tetsuo Ogawa -- said in the joint letter to congressional leaders that they have pledged to invest over $170 billion through 2030 to bolster electric vehicles’ development, production and sale.The current $7,500 tax credit phases out after a manufacturer hits 200,000 vehicles sold. Both GM and Tesla (TSLA.O) have already hit the cap and are no longer eligible for the consumer tax credits.Register now for FREE unlimited access to Reuters.com"We ask that the per-(automaker) cap be removed, with a sunset date set for a time when the EV market is more mature," the automakers said in the letter."Recent economic pressures and supply chain constraints are increasing the cost of manufacturing electrified vehicles which, in turn, puts pressure on the price to consumers."The letter comes amid growing concerns among auto industry executives that the window is closing for U.S. Congress to extend electric vehicle tax credits given Republicans may retake control of one or both houses of Congress next year.Last week, Ford Executive Chairman Bill Ford made an unannounced trip to Capitol Hill to make the case for extending the tax credit.In April, Senator Joe Manchin, a key Democrat, questioned the need to extend electric vehicle tax credits in the face of strong consumer demand and Chinese production of battery components."There's a waiting list for EVs right now with the fuel price at $4. But they still want us to throw $5,000 or $7,000 or $12,000 credit to buy electric vehicles. It makes no sense to me whatsoever," Manchin said. "When we can't produce enough product for the people that want it and we're still going to pay them to take it -- it's absolutely ludicrous in my mind."Last year, many Democrats in Congress and President Joe Biden proposed boosting EV tax credits to up to $12,500 -- including a $4,500 incentive for union-made, U.S. assembled vehicles.Manchin earlier opposed the union-only incentive, as did Toyota.The new letter makes no reference to the union incentive.Biden also backed a 30% credit for commercial electric vehicles and a $4,000 used EV tax credit and making the current credit refundable at the point of sale.He also called for phasing out credits for electric vehicles made outside the United States, which brought furious opposition from Canada and other car-producing countries.Toyota said in April it expected its credits would expire by the end of 2022 after it hits the cap. Ford sold nearly 160,000 electric vehicles through the end of 2021 and could hit the cap this year.Register now for FREE unlimited access to Reuters.comReporting by David Shepardson;editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

EXCLUSIVE U.S. automaker CEOs, Toyota urge Congress to lift EV tax credit cap.

get the free app Updated on: June 13, 2022 / 11:38 AM / CBS News CBS News Live CBS News Live Live The House Jan. 6 committee's second of a series of public hearings kicked off Monday after a slight delay when one of the key witnesses backed out of his scheduled appearance after his wife went into labor.Originally set to start at 10 a.m. ET, committee chair Bennie Thompson gaveled in the hearing at 10:46 a.m. ET. Thompson and vice chair Liz Cheney said they would be focusing Monday's hearing on how advisers told former President Donald Trump that he lost the election – but he continued to peddle these false claims. "This morning, we'll tell the story of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss decided to wage an attack on our democracy, an attack on the American people, by trying to rob you of your voice in our democracy — and in doing so, lit the fuse that led to the horrific violence of January 6th, when a mob of his supporters stormed the Capitol, sent by Donald Trump to stop the transfer of power," Committee chair Rep. Bennie Thompson said. On election night, despite the advice of some of his closest allies, Trump followed the advice of an "apparently inebriated" Rudy Giuliani, Cheney said.    Chris Stirewalt, former Fox News political editor, is sworn in to testify as the House select committee investigating the Jan. 6 attack on the U.S. Capitol continues to reveal its findings of a year-long investigation, at the Capitol in Washington, Monday, June 13, 2022. Susan Walsh / AP "You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."Thompson and Cheney said they would show "much more" of Attorney General William Barr's testimony. In testimony they showed on Thursday, Barr said he knew that Trump's claims of a stolen election were "bullsh**."The first witness up on Monday was former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Trump's campaign manager, Bill Stepien, no longer appeared Monday after his wife went into labor. His lawyer,  Kevin Marino, is appearing and the committee will show some of Stepien's video testimony.There also will be a panel of witnesses  featuring election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt.    5m ago Former Fox News editor says he had no doubts Biden would win after network's controversial Arizona call Former Fox News editor Chris Stirewalt described the Fox News Decision Desk's controversial decision to call the race for Joe Biden in Arizona, and the implications that had. Fox News was the first network to call Arizona for Biden, and everyone on the team had to agree to call the state for the candidate. "We were able to make the call early. We were able to beat the competition," Stirewalt said. Rep. Zoe Lofgren asked Stirewalt whether he had doubts that Biden would win the election after that Arizona call. "After that point? None," Stirewalt said. Stirewalt was fired from Fox News in January 2021, a firing he said came after his decision to defend the network calling Arizona for Biden.    11m ago Barr said "everyone understood for weeks" there would be a surge of Democratic votes from mail-in ballots In a taped interview with House investigators, Barr recalled that Trump's claims of election fraud were made "before there was any potential evidence" and was based on the notion that many votes for Democrats were tallied later on the night of November 3 as mail-in and absentee ballots were counted, which was to be expected."It seemed to be based on the dynamic that at the end of the evening, a lot of Democrat votes came in which changed the vote count in certain states and that seemed to be the basis for this broad claim that there was major fraud," Barr said, according to a clip played by the committee. "And I didn't think much of that because people had been talking for weeks and everyone understood for weeks that that was going to be what happened on election night."Bill Stepien, Trump's 2020 campaign manager, told House investigators he told the president they would have to "wait and see" the outcome of the election. "I always told the president the truth, and you know, I think he expected that from me and I told him  it was going to be a process and you know, we'll have to wait and see how this turns out. Just like I did in 2016, I did in 2020," Stepien said, according to a clip of a taped interview with the committee that was played.   16m ago Video shown of depositions of Ivanka Trump, Jared Kushner and more Trump allies about election night Some of President Trump's top aides described the atmosphere on Election Night at the White House, saying it was clear to many of them that it was too early to claim victory that night. Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House that night. Jason Miller said the mood shifted when Fox News declared victory for Joe Biden, but Rudy Giuliani, who appeared to be intoxicated, wanted President Trump to declare victory. "The mayor was definitely intoxicated," top aide Jason Miller said, adding that he didn't "know the level of his intoxication.The president's daughter told committee investigators "it was becoming clear that the race would not be called on Election Night." Bill Stepien said he recommended the president say that votes were still being counted and it was too early to call the race. "But we are proud of the race we ran and we think we are in good position and we'll have more to say about this the next day," he said, adding that the president disagreed with that message.    30m ago Lofgren says Trump knew election fraud claims were false Committee member Rep. Zoe Lofgren said not only did the president's closest advisers know claims of widespread election fraud were false, but Trump knew it, too. "Mr. Trump's closest advisers knew it. Mr. Trump knew it," she said.Lofgren also alluded that the Trump operation raised a lot of money off the false idea that there was rampant fraud, enough to change the election results. "The 'Big Lie' was also a big ripoff," she said.    34m ago Cheney says Trump followed advice of "apparently inebriated" Giuliani to claim victory on election night In her opening remarks, committee Vice Chair Liz Cheney laid out a roadmap for what the public will hear during the select committee's second hearing and revealed that Trump, on the night of the election, took advice from an "apparently inebriated" Rudy Giuliani, his personal attorney."You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."The committee, she said, will lay out Trump's effort to convince Americans that the 2020 election was stolen from him and rife with voter fraud, despite the former president knowing that the counting of mail-in ballots in key battleground states would take days.Cheney said Americanas will also hear more from former Attorney General Bill Barr, who appeared before the panel behind closed doors, and from others within the Justice Department who told Trump his baseless claims of election fraud were "nonsense."Cheney played testimony from former White House lawyer Eric Herschmann , who rejected Trump's claims that voting machines from Dominion Voting Systems were switching votes cast for Trump to instead support President Biden."I never saw any evidence whatsoever to sustain" those allegations, he told House investigators.   50m ago Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    10:38 AM Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    10:12 AM January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   9:59 AM Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

The all-electric Chevrolet Silverado at the New York Auto Show, April 13, 2022.Scott Mlyn | CNBCDETROIT – The CEOs of General Motors, Ford Motor, Chrysler-parent Stellantis and Toyota Motor North America are urging Congress to lift the federal government's cap on the number of vehicles that are eligible for a tax credit of up to $7,500, a move they say will encourage consumer adoption of the cars and trucks.In a joint letter Monday to congressional leaders, the executives say the credit, which begins phasing out once a company sells 200,000 plug-in electric vehicles, is essential to keep the vehicles affordable as production and commodity costs rise."Eliminating the cap will incentivize consumer adoption of future electrified options," the letter states.GM and Tesla, the industry leader for electric vehicles, are the only companies that have exceeded the limit so far. But other automakers are also expected to near the 200,000-mark as they release an array of new electric products.The letter, which was first reported by Reuters, instead recommends a sunset date for the tax once the EV market is more mature."The coming years are critical to the growth of the electric vehicle market and as China and the EU continue to invest heavily in electrification, our domestic policies must work to solidify our global leadership in the automotive industry," the letter states.The letter also notes that the four companies have pledged to invest more than $170 billion through 2030 to bolster EV development, production and sales, including near-term investments of over $20 billion in the U.S.For years, GM CEO Mary Barra and other executives with the Detroit automaker have urged that the cap to be lifted to create a level playing field. They say the current policy penalizes early adopters of the technologies.The letter was addressed to Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell, House Majority Leader Kevin McCarthy and House Minority Leader Nancy Pelosi. It was signed by Barra, Ford CEO Jim Farley, Stellantis CEO Carlos Tavares and Toyota North America CEO Tetsuo "Ted" Ogawa.

CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap.

Blackcat | E+ | Getty ImagesYou may get a nasty surprise when you open your next 401(k) statement.These statements generally arrive each quarter, either online or by mail. They provide basic information to savers about their investments and the size of their nest egg, for example.Starting in a few weeks, the notices will contain some new data: the amount of monthly income a saver would get from their current nest egg in retirement.More from Personal Finance:Hot inflation points to record Social Security COLA in 2023Pandemic stimulus checks were a big experiment. Did it work?More companies offering an after-tax 401(k) option to big saversCalled "lifetime income illustrations," these calculations are part of an ongoing effort by policymakers to reframe how Americans think about retirement savings: like a regular check from work or Social Security, for example, instead of a lump sum.The big-picture view of a lump sum may tell investors little about how their total savings will or won't adequately fund their retirement lifestyle. A $125,000 nest egg may sound like an ample amount to some savers, but may seem less so if they realize it translates into roughly $500 or $600 a month, for example."For the bulk of Americans, it'll be a wake-up call," Richard Kaplan, a law professor at the University of Illinois, said of the new disclosures.But there's good news: Many people, especially those with decades to retirement, have ample time to fix any shortfalls.Lifetime income estimates provide a rough guideFatcamera | E+ | Getty ImagesMany 401(k) savers will see the disclosures for the first time on their next quarterly statements, due to U.S. Department of Labor requirements. Those statements, issued by plan administrators, will arrive in the days and weeks after June 30.The new policy is a result of federal legislation — the Secure Act — passed in 2019.Workers should use the estimates as a rough guide instead of gospel or as a guarantee, Kaplan said.In technical terms, they show how much approximate income you'd get per month for the rest of your life if you were to buy an annuity with your 401(k) savings at age 67.For the bulk of Americans, it'll be a wake-up call.Richard Kaplanlaw professor at the University of IllinoisThere will be two estimates on your statement: One is for a "single life" annuity, which pays income to an individual buyer for life. The other is for a "qualified joint and survivor" annuity, which pays income for an individual and a surviving spouse for life.The estimates are based on your current 401(k) balance. They don't, for example, project how a 35-year-old's savings will grow and how that future nest egg would translate into monthly income. As a result, their income may seem paltry at first glance.The illustrations also don't account for Social Security or any retirement savings outside of that 401(k) plan — meaning the estimate is likely to be at least a slight underrepresentation. They also assume your full balance is fully "vested," which may not be the case, especially for newer hires.The estimates are likely to be most actionable for savers with many years to retirement instead of those near retirement age, since the former have more time to course-correct, Kaplan said."Most of this is directed at younger people, with this being a midstream correction," Kaplan said.Use estimates to rewire your thinking Perhaps the most useful aspect of the new policy is how it helps people rewire their thinking around retirement savings, according to Philip Chao, principal and chief investment officer at Experiential Wealth, based in Cabin John, Maryland.The typical person saves money with each paycheck without thinking of a future income goal. Savers should instead ask themselves how much of their prior salary they want to replace in retirement, Chao said.Someone who earned $100,000 a year before tax may decide $70,000 or $80,000 a year in retirement would be adequate to fund their lifestyle.I think it's very helpful for helping people start to think about outcome, and not emphasize the big pile of money.Philip Chaoprincipal and chief investment officer at Experiential WealthAny 401(k) savings, pension income and Social Security payments would then aim to replace that monthly or annual income amount, Chao said. That income will generally satisfy two buckets: essential expenses (like housing and food) or discretionary expenses (like vacation). Financial planners generally recommend that individuals fund those necessities with guaranteed income sources like Social Security, pensions or annuities, if possible."I think it's very helpful for helping people start to think about outcome, and not emphasize the big pile of money," Chao said of the new illustrations. "It's really about how much money do I need to provide me a sustainable lifetime income. What is that number?"Without going through this rough budgeting exercise, Americans may be saving too much or too little without knowing it."We should save enough for what we need, not go hog wild," Chao said. "But what is enough? If you don't know what is enough, how do you know you've saved enough?"Unlike the new Labor Department requirements, many plan administrators offer online resources that help 401(k) investors gauge how their current account balances will fund their future income needs, by factoring in some assumptions about investment earnings and current contribution rates.Other organizations, including AARP and the American Institute of Certified Public Accountants, also offer free online retirement-income calculators.After getting a rude awakening from the new 401(k) income illustrations, savers can use an online calculator to get a better understanding of their situation and alter their contributions as needed, Chao said.For example, investors might be saving 3% of their paychecks while their employer offers a dollar-for-dollar 401(k) match on up to 4% — meaning the worker is effectively leaving free money on the table, he said.

401(k) savers will see a 'wake-up call' in their next statement, says law professor. Here's what to look for.

get the free app Updated on: June 13, 2022 / 11:38 AM / CBS News CBS News Live CBS News Live Live The House Jan. 6 committee's second of a series of public hearings kicked off Monday after a slight delay when one of the key witnesses backed out of his scheduled appearance after his wife went into labor.Originally set to start at 10 a.m. ET, committee chair Bennie Thompson gaveled in the hearing at 10:46 a.m. ET. Thompson and vice chair Liz Cheney said they would be focusing Monday's hearing on how advisers told former President Donald Trump that he lost the election – but he continued to peddle these false claims. "This morning, we'll tell the story of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss decided to wage an attack on our democracy, an attack on the American people, by trying to rob you of your voice in our democracy — and in doing so, lit the fuse that led to the horrific violence of January 6th, when a mob of his supporters stormed the Capitol, sent by Donald Trump to stop the transfer of power," Committee chair Rep. Bennie Thompson said. On election night, despite the advice of some of his closest allies, Trump followed the advice of an "apparently inebriated" Rudy Giuliani, Cheney said.    Chris Stirewalt, former Fox News political editor, is sworn in to testify as the House select committee investigating the Jan. 6 attack on the U.S. Capitol continues to reveal its findings of a year-long investigation, at the Capitol in Washington, Monday, June 13, 2022. Susan Walsh / AP "You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."Thompson and Cheney said they would show "much more" of Attorney General William Barr's testimony. In testimony they showed on Thursday, Barr said he knew that Trump's claims of a stolen election were "bullsh**."The first witness up on Monday was former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Trump's campaign manager, Bill Stepien, no longer appeared Monday after his wife went into labor. His lawyer,  Kevin Marino, is appearing and the committee will show some of Stepien's video testimony.There also will be a panel of witnesses  featuring election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt.    7m ago Former Fox News editor says he had no doubts Biden would win after network's controversial Arizona call Former Fox News editor Chris Stirewalt described the Fox News Decision Desk's controversial decision to call the race for Joe Biden in Arizona, and the implications that had. Fox News was the first network to call Arizona for Biden, and everyone on the team had to agree to call the state for the candidate. "We were able to make the call early. We were able to beat the competition," Stirewalt said. Rep. Zoe Lofgren asked Stirewalt whether he had doubts that Biden would win the election after that Arizona call. "After that point? None," Stirewalt said. Stirewalt was fired from Fox News in January 2021, a firing he said came after his decision to defend the network calling Arizona for Biden.    13m ago Barr said "everyone understood for weeks" there would be a surge of Democratic votes from mail-in ballots In a taped interview with House investigators, Barr recalled that Trump's claims of election fraud were made "before there was any potential evidence" and was based on the notion that many votes for Democrats were tallied later on the night of November 3 as mail-in and absentee ballots were counted, which was to be expected."It seemed to be based on the dynamic that at the end of the evening, a lot of Democrat votes came in which changed the vote count in certain states and that seemed to be the basis for this broad claim that there was major fraud," Barr said, according to a clip played by the committee. "And I didn't think much of that because people had been talking for weeks and everyone understood for weeks that that was going to be what happened on election night."Bill Stepien, Trump's 2020 campaign manager, told House investigators he told the president they would have to "wait and see" the outcome of the election. "I always told the president the truth, and you know, I think he expected that from me and I told him  it was going to be a process and you know, we'll have to wait and see how this turns out. Just like I did in 2016, I did in 2020," Stepien said, according to a clip of a taped interview with the committee that was played.   18m ago Video shown of depositions of Ivanka Trump, Jared Kushner and more Trump allies about election night Some of President Trump's top aides described the atmosphere on Election Night at the White House, saying it was clear to many of them that it was too early to claim victory that night. Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House that night. Jason Miller said the mood shifted when Fox News declared victory for Joe Biden, but Rudy Giuliani, who appeared to be intoxicated, wanted President Trump to declare victory. "The mayor was definitely intoxicated," top aide Jason Miller said, adding that he didn't "know the level of his intoxication.The president's daughter told committee investigators "it was becoming clear that the race would not be called on Election Night." Bill Stepien said he recommended the president say that votes were still being counted and it was too early to call the race. "But we are proud of the race we ran and we think we are in good position and we'll have more to say about this the next day," he said, adding that the president disagreed with that message.    32m ago Lofgren says Trump knew election fraud claims were false Committee member Rep. Zoe Lofgren said not only did the president's closest advisers know claims of widespread election fraud were false, but Trump knew it, too. "Mr. Trump's closest advisers knew it. Mr. Trump knew it," she said.Lofgren also alluded that the Trump operation raised a lot of money off the false idea that there was rampant fraud, enough to change the election results. "The 'Big Lie' was also a big ripoff," she said.    36m ago Cheney says Trump followed advice of "apparently inebriated" Giuliani to claim victory on election night In her opening remarks, committee Vice Chair Liz Cheney laid out a roadmap for what the public will hear during the select committee's second hearing and revealed that Trump, on the night of the election, took advice from an "apparently inebriated" Rudy Giuliani, his personal attorney."You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."The committee, she said, will lay out Trump's effort to convince Americans that the 2020 election was stolen from him and rife with voter fraud, despite the former president knowing that the counting of mail-in ballots in key battleground states would take days.Cheney said Americanas will also hear more from former Attorney General Bill Barr, who appeared before the panel behind closed doors, and from others within the Justice Department who told Trump his baseless claims of election fraud were "nonsense."Cheney played testimony from former White House lawyer Eric Herschmann , who rejected Trump's claims that voting machines from Dominion Voting Systems were switching votes cast for Trump to instead support President Biden."I never saw any evidence whatsoever to sustain" those allegations, he told House investigators.   52m ago Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    10:38 AM Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    10:12 AM January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   9:59 AM Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

CBS Mornings June 13, 2022 / 10:26 AM / CBS News Alleged white supremacists arrested in Idaho 31 alleged white supremacists arrested in Idaho, charged with misdemeanors for conspiracy to riot 02:40 Police in Idaho say they prevented a possible domestic terror attack over the weekend, when 31 men were arrested Saturday allegedly on their way to wreak havoc at a Pride event in the city of Coeur d'Alene.All had traveled from elsewhere, and police believe they're members of a white supremacist group with links to previous violent rallies. When they were found standing in the back of a U-Haul truck, authorities recovered gear including shields, shin guards and a smoke grenade.CBS News senior investigative correspondent Catherine Herridge reports the FBI is assisting local police in its investigation. Police say 31 masked men found riding inside a U-Haul truck in Coeur d'Alene, Ida., had riot gear and a smoke grenade.  KREM For now, each of the 31 people arrested faces a misdemeanor conspiracy to riot charge. Coeur d'Alene Police Chief Lee White said, "They came to riot downtown." A witness tipped off police after watching the group load into the back of a U-Haul truck at a hotel, and said they "looked like a little army." White said they appear to be affiliated with the group Patriot Front. Groups that monitor extremist ideology, such as Southern Poverty Law Center, say Patriot Front promotes fascism and the creation of a white ethno-state.It was founded in 2017, after breaking off from a neo-Nazi organization that participated in the Charlottesville, Virginia "Unite the Right" rally.The man convicted on federal hate crime charges for driving his car into a crowd of protesters, killing one of them, was affiliated with that original group.Examining extremism: What's driving white supremacy in the U.S.Cynthia Miller-Idriss, who tracks domestic extremism at the Polarization and Extremism Research & Innovation Lab (PERIL) at American University, told "CBS Mornings" that Patriot Front's members are overwhelmingly young, white men. "They are twisting and manipulating and misusing the idea of patriotism, by promoting a white supremacist version of patriotism," she said. The people arrested Saturday ranged in age from 21 to 36, and were from a dozen different states. None was local to Coeur d'Alene. Mug shots of the men arrested on conspiracy to riot charges, including the alleged leader of Patriot Front, Thomas Rousseau (bottom).  Kootenai County Sheriff's Office Herridge asked, "What does the incident in Idaho tell us about the overall threat picture?""We're seeing this broadening out of the targets that people across the supremacist spectrum are choosing to intimidate or harass or harm," Miller-Idriss replied. "It is part of a broader range of anti-democratic and extremist types of events that are happening."New U.S. intelligence report warns domestic terrorism poses "elevated threat"U.S. sees steady rise in violence by white supremacistsIn this case, the apparent target was that Pride event, which organizers say was the largest north Idaho has ever seen.As for the defendants, police say they're scheduled to be arraigned later Monday. They include Patriot Front's alleged leader, Thomas Ryan Rousseau, of Grapevine, Texas. According to White, further charges "might be pending." In: White Nationalism Hate Crime Thanks for reading CBS NEWS. Create your free account or log in for more features. Please enter email address to continue Please enter valid email address to continue

FBI assisting investigation of alleged white nationalists accused of planning riot at Idaho Pride event.

Amazon Prime Air droneSource: AmazonAmazon said Monday that it will begin to deliver products using Prime Air drones in Lockeford, California, later this year. It's the first time the company plans to use drones for customer deliveries in the United States.The company received approval in 2020 from the Federal Aviation Administration to fly drones, and other firms, like Alphabet and Walmart, have already started to make similar flying deliveries. Walmart's drone delivery program is available to more than 4 million households in the U.S., for example. And Alphabet's Wing program has been delivering food and other products in Australia.Amazon said it plans to deliver products by drone into the backyards of residents in Lockeford, California — which is about 40 miles south of Sacramento — and will use feedback from the service to improve its system. Amazon said the drone technology can detect and fly around obstacles like chimneys."It can also detect moving objects on the horizon, like other aircraft, even when it's hard for people to see them," Amazon said. "If obstacles are identified, our drone will automatically change course to safely avoid them." The drone also makes sure there aren't people, animals or other obstacles at the delivery site, Amazon said.Subscribe to CNBC on YouTube.

Amazon says it will begin delivering packages by drone in California later this year.

get the free app Updated on: June 13, 2022 / 11:38 AM / CBS News CBS News Live CBS News Live Live The House Jan. 6 committee's second of a series of public hearings kicked off Monday after a slight delay when one of the key witnesses backed out of his scheduled appearance after his wife went into labor.Originally set to start at 10 a.m. ET, committee chair Bennie Thompson gaveled in the hearing at 10:46 a.m. ET. Thompson and vice chair Liz Cheney said they would be focusing Monday's hearing on how advisers told former President Donald Trump that he lost the election – but he continued to peddle these false claims. "This morning, we'll tell the story of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss decided to wage an attack on our democracy, an attack on the American people, by trying to rob you of your voice in our democracy — and in doing so, lit the fuse that led to the horrific violence of January 6th, when a mob of his supporters stormed the Capitol, sent by Donald Trump to stop the transfer of power," Committee chair Rep. Bennie Thompson said. On election night, despite the advice of some of his closest allies, Trump followed the advice of an "apparently inebriated" Rudy Giuliani, Cheney said.    Chris Stirewalt, former Fox News political editor, is sworn in to testify as the House select committee investigating the Jan. 6 attack on the U.S. Capitol continues to reveal its findings of a year-long investigation, at the Capitol in Washington, Monday, June 13, 2022. Susan Walsh / AP "You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."Thompson and Cheney said they would show "much more" of Attorney General William Barr's testimony. In testimony they showed on Thursday, Barr said he knew that Trump's claims of a stolen election were "bullsh**."The first witness up on Monday was former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Trump's campaign manager, Bill Stepien, no longer appeared Monday after his wife went into labor. His lawyer,  Kevin Marino, is appearing and the committee will show some of Stepien's video testimony.There also will be a panel of witnesses  featuring election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt.    9m ago Former Fox News editor says he had no doubts Biden would win after network's controversial Arizona call Former Fox News editor Chris Stirewalt described the Fox News Decision Desk's controversial decision to call the race for Joe Biden in Arizona, and the implications that had. Fox News was the first network to call Arizona for Biden, and everyone on the team had to agree to call the state for the candidate. "We were able to make the call early. We were able to beat the competition," Stirewalt said. Rep. Zoe Lofgren asked Stirewalt whether he had doubts that Biden would win the election after that Arizona call. "After that point? None," Stirewalt said. Stirewalt was fired from Fox News in January 2021, a firing he said came after his decision to defend the network calling Arizona for Biden.    15m ago Barr said "everyone understood for weeks" there would be a surge of Democratic votes from mail-in ballots In a taped interview with House investigators, Barr recalled that Trump's claims of election fraud were made "before there was any potential evidence" and was based on the notion that many votes for Democrats were tallied later on the night of November 3 as mail-in and absentee ballots were counted, which was to be expected."It seemed to be based on the dynamic that at the end of the evening, a lot of Democrat votes came in which changed the vote count in certain states and that seemed to be the basis for this broad claim that there was major fraud," Barr said, according to a clip played by the committee. "And I didn't think much of that because people had been talking for weeks and everyone understood for weeks that that was going to be what happened on election night."Bill Stepien, Trump's 2020 campaign manager, told House investigators he told the president they would have to "wait and see" the outcome of the election. "I always told the president the truth, and you know, I think he expected that from me and I told him  it was going to be a process and you know, we'll have to wait and see how this turns out. Just like I did in 2016, I did in 2020," Stepien said, according to a clip of a taped interview with the committee that was played.   20m ago Video shown of depositions of Ivanka Trump, Jared Kushner and more Trump allies about election night Some of President Trump's top aides described the atmosphere on Election Night at the White House, saying it was clear to many of them that it was too early to claim victory that night. Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House that night. Jason Miller said the mood shifted when Fox News declared victory for Joe Biden, but Rudy Giuliani, who appeared to be intoxicated, wanted President Trump to declare victory. "The mayor was definitely intoxicated," top aide Jason Miller said, adding that he didn't "know the level of his intoxication.The president's daughter told committee investigators "it was becoming clear that the race would not be called on Election Night." Bill Stepien said he recommended the president say that votes were still being counted and it was too early to call the race. "But we are proud of the race we ran and we think we are in good position and we'll have more to say about this the next day," he said, adding that the president disagreed with that message.    34m ago Lofgren says Trump knew election fraud claims were false Committee member Rep. Zoe Lofgren said not only did the president's closest advisers know claims of widespread election fraud were false, but Trump knew it, too. "Mr. Trump's closest advisers knew it. Mr. Trump knew it," she said.Lofgren also alluded that the Trump operation raised a lot of money off the false idea that there was rampant fraud, enough to change the election results. "The 'Big Lie' was also a big ripoff," she said.    38m ago Cheney says Trump followed advice of "apparently inebriated" Giuliani to claim victory on election night In her opening remarks, committee Vice Chair Liz Cheney laid out a roadmap for what the public will hear during the select committee's second hearing and revealed that Trump, on the night of the election, took advice from an "apparently inebriated" Rudy Giuliani, his personal attorney."You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."The committee, she said, will lay out Trump's effort to convince Americans that the 2020 election was stolen from him and rife with voter fraud, despite the former president knowing that the counting of mail-in ballots in key battleground states would take days.Cheney said Americanas will also hear more from former Attorney General Bill Barr, who appeared before the panel behind closed doors, and from others within the Justice Department who told Trump his baseless claims of election fraud were "nonsense."Cheney played testimony from former White House lawyer Eric Herschmann , who rejected Trump's claims that voting machines from Dominion Voting Systems were switching votes cast for Trump to instead support President Biden."I never saw any evidence whatsoever to sustain" those allegations, he told House investigators.   54m ago Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    10:38 AM Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    10:12 AM January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   9:59 AM Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

The logos of Google and YouTube are seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann/File PhotoRegister now for FREE unlimited access to Reuters.comBRUSSELS, June 13 (Reuters) - Google parent Alphabet (GOOGL.O) has offered to let rival ad intermediaries place ads on YouTube to address a crucial part of an EU antitrust investigation that could pave the way for it to settle the case without a fine, people familiar with the matter said.The European Commission opened a probe last year to examine whether the world's largest provider of search and video was giving itself an unfair advantage in digital advertising by restricting rivals' and advertisers' access to user data. read more The EU competition watchdog singled out Google's requirement that advertisers use its Ad Manager to display ads on YouTube and potential restrictions on the way in which rivals serve ads on YouTube.Register now for FREE unlimited access to Reuters.comIt is also looking into Google's requirement that advertisers use its services Display & Video 360 and Google Ads to buy YouTube ads. YouTube posted $6.9 billion in sales in the first quarter of this year.The Commission and Google, which has previously said publishers and advertisers often use multiple technologies and platforms to sell ads, declined to comment.Google has been discussing remedies with the Commission since last year in a bid to avert a fine that could reach 10% of its global turnover, a person familiar with the matter told Reuters last year. read more The company will however need to offer more than just the YouTube remedy to address other concerns in order to get a deal, the people said, adding that talks seemed to be on the right track.The British competition agency CMA is also investigating Google's ad practices. read more Last year, Google generated $147 billion in revenue from online ads, more than any other company in the world, with ads including search, YouTube and Gmail accounting for the bulk of its overall sales and profit.The company's display or network business, in which other media companies use Google technology to sell ads on their website and apps, accounted for about 16% of its revenue.Register now for FREE unlimited access to Reuters.comReporting by Foo Yun Chee; Editing by Jan Harvey and David EvansOur Standards: The Thomson Reuters Trust Principles.

EXCLUSIVE Google offers to let ad rivals place YouTube ads in EU antitrust probe - sources.

Police officers and rescue team members stand on a boat during the search operation for British journalist Dom Phillips and indigenous expert Bruno Pereira, who went missing while reporting in a remote and lawless part of the Amazon rainforest, near the border with Peru, in Atalaia do Norte, Amazonas state, Brazil, June 12, 2022.REUTERS/Bruno KellyRegister now for FREE unlimited access to Reuters.comATALAIA DO NORTE, Brazil, June 13 (Reuters) - Brazilian police and indigenous search teams dismissed reports on Monday that they had found the bodies of a British reporter and a Brazilian indigenous expert, dashing hopes of a quick resolution in the week-old case.On Sunday, police said search teams had found the belongings of freelance reporter Dom Phillips and Bruno Pereira, a former official at federal indigenous agency Funai, in a creek off the river where they were last seen on June 5. read more However, a federal police statement and a spokesman for local indigenous association UNIVAJA, which has organized search efforts since June 5, denied subsequent reports of two bodies turned up in the hunt.Register now for FREE unlimited access to Reuters.com"I've spoken with the team in the field and it's not true," said Eliesio Marubo, a lawyer for UNIVAJA, which has organized search teams in the hunt for Phillips and Pereira. "The search goes on."The two men were on a reporting trip in the remote jungle area near the border with Peru and Colombia that is home to the world's largest number of uncontacted indigenous people. The wild and lawless region has lured cocaine-smuggling gangs, along with illegal loggers, miners and hunters.News of the pair's disappearance resonated globally and environmentalists and human rights activists had urged Brazilian President Jair Bolsonaro to step up the search.Bolsonaro, who last year faced tough questioning from Phillips at a news conference about weakening environmental law enforcement in Brazil, said last week that the two men "were on an adventure that is not recommended" and suggested that they could have been executed. read more State police detectives involved in the investigation told Reuters they are focusing on poachers and illegal fisherman in the area, who clashed often with Pereira as he organized indigenous patrols of the local reservation. read more Register now for FREE unlimited access to Reuters.comReporting by Jake Spring Additional reporting by Gabriel Araujo and Steven Grattan in Sao Paulo Editing by Brad Haynes, Christian Plumb and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Brazil police and searchers say no bodies found in hunt for British journalist.

Firefighters extinguish a fire at the central Maisky market following recent shelling in the course of Ukraine-Russia conflict in Donetsk, Ukraine June 13, 2022. REUTERS/Stringer Register now for FREE unlimited access to Reuters.comLONDON, June 13 (Reuters) - At least three people including a child were killed and 18 injured on Monday in a Ukrainian artillery attack at a market in the Russian-backed separatist Ukrainian region of Donetsk, officials in the province said.The Donetsk News Agency showed pictures of burning stalls at the central Maisky market and several bodies on the ground. The news agency said 155-mm calibre NATO-standard artillery munitions hit parts of the region on Monday."We had a hit to the market - there were many people here," Yan Gagin, an adviser to the separatists' self-styled government, told RIA news agency from the market. Two bodies were laid out on the floor of the market behind him.Register now for FREE unlimited access to Reuters.comHe said a woman and child were among the dead.The local health authorities said 18 people had been injured, including two children.Reuters was unable to independently verify the reports.President Vladimir Putin has repeatedly said that the main immediate reason for what he casts as a "special military operation" was to protect the Russian-speakers of Donbas from persecution and attack by Ukraine.Ukraine and its Western backers say Russia is waging an unprovoked war against a sovereign state which is fighting for its existence. Kyiv says Russia's claim of persecution of Russian-speakers is a baseless pretext for the invasion.Register now for FREE unlimited access to Reuters.comReporting by Guy Faulconbridge Editing by Peter Graff and Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

Three killed, 18 injured in artillery attack on Donetsk market, separatists say.

get the free app Updated on: June 13, 2022 / 11:58 AM / CBS News CBS News Live CBS News Live Live The House Jan. 6 committee's second of a series of public hearings kicked off Monday after a slight delay when one of the key witnesses backed out of his scheduled appearance after his wife went into labor.Originally set to start at 10 a.m. ET, committee chair Bennie Thompson gaveled in the hearing at 10:46 a.m. ET. Thompson and vice chair Liz Cheney said they would be focusing Monday's hearing on how advisers told former President Donald Trump that he lost the election – but he continued to peddle these false claims. "This morning, we'll tell the story of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss decided to wage an attack on our democracy, an attack on the American people, by trying to rob you of your voice in our democracy — and in doing so, lit the fuse that led to the horrific violence of January 6th, when a mob of his supporters stormed the Capitol, sent by Donald Trump to stop the transfer of power," Committee chair Rep. Bennie Thompson said. On election night, despite the advice of some of his closest allies, Trump followed the advice of an "apparently inebriated" Rudy Giuliani, Cheney said.    Chris Stirewalt, former Fox News political editor, is sworn in to testify as the House select committee investigating the Jan. 6 attack on the U.S. Capitol continues to reveal its findings of a year-long investigation, at the Capitol in Washington, Monday, June 13, 2022. Susan Walsh / AP "You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."Thompson and Cheney said they would show "much more" of Attorney General William Barr's testimony. In testimony they showed on Thursday, Barr said he knew that Trump's claims of a stolen election were "bullsh**."The first witness up on Monday was former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Trump's campaign manager, Bill Stepien, no longer appeared Monday after his wife went into labor. His lawyer,  Kevin Marino, is appearing and the committee will show some of Stepien's video testimony.There also will be a panel of witnesses  featuring election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt.    19m ago Stepien told committee he was OK being part of "Team Normal," rather than Giuliani's team Stepien recalled that following the November election, two camps emerged within the Trump campaign: His team and "Rudy's team.""I didn't mind being characterized as being part of 'Team Normal,' as reporters kind of started to do around that point in time," Stepien said, according to a clip played by the committee.The former campaign manager recalled the array of Republican candidates he worked for, including Trump, former Sen. John McCain and former New Jersey Gov. Chris Christie, as well as the varying circumstances he worked under, and prided himself for building up a reputation of honesty and professionalism. "I didn't think what was happening was necessarily honest or professional at that point in time," he said of Trump allies raising unfounded claims the election was rigged. "That led to me stepping away."Lofgren added that Trump eventually allied himself with the legal team Giuliani was part of. "The president did get rid of Team Normal," she said.   20m ago Stepien's lawyer says wife didn't induce her labor Kevin Marino, a lawyer for former Trump campaign manager Bill Stepien, said Stepien's wife did not induce her labor. Stepien was set to testify to the committee on Monday morning, but had to cancel due to his wife's labor. Marino told CBS News that Stepien's wife called him early Monday morning and told him she went into labor. Stepien was advised to go to the hospital, Marino said. Marino said he then immediately told committee lawyers.    32m ago Former Fox News editor says he had no doubts Biden would win after network's controversial Arizona call Former Fox News editor Chris Stirewalt described the Fox News Decision Desk's controversial decision to call the race for Joe Biden in Arizona, and the implications that had. Fox News was the first network to call Arizona for Biden, and everyone on the team had to agree to call the state for the candidate. "We were able to make the call early. We were able to beat the competition," Stirewalt said. Rep. Zoe Lofgren asked Stirewalt whether he had doubts that Biden would win the election after that Arizona call. "After that point? None," Stirewalt said. Stirewalt was fired from Fox News in January 2021, a firing he said came after his decision to defend the network calling Arizona for Biden.    37m ago Barr said "everyone understood for weeks" there would be a surge of Democratic votes from mail-in ballots In a taped interview with House investigators, Barr recalled that Trump's claims of election fraud were made "before there was any potential evidence" and was based on the notion that many votes for Democrats were tallied later on the night of November 3 as mail-in and absentee ballots were counted, which was to be expected."It seemed to be based on the dynamic that at the end of the evening, a lot of Democrat votes came in which changed the vote count in certain states and that seemed to be the basis for this broad claim that there was major fraud," Barr said, according to a clip played by the committee. "And I didn't think much of that because people had been talking for weeks and everyone understood for weeks that that was going to be what happened on election night."Bill Stepien, Trump's 2020 campaign manager, told House investigators he told the president they would have to "wait and see" the outcome of the election. "I always told the president the truth, and you know, I think he expected that from me and I told him  it was going to be a process and you know, we'll have to wait and see how this turns out. Just like I did in 2016, I did in 2020," Stepien said, according to a clip of a taped interview with the committee that was played.   42m ago Video shown of depositions of Ivanka Trump, Jared Kushner and more Trump allies about election night Some of President Trump's top aides described the atmosphere on Election Night at the White House, saying it was clear to many of them that it was too early to claim victory that night. Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House that night. Jason Miller said the mood shifted when Fox News declared victory for Joe Biden, but Rudy Giuliani, who appeared to be intoxicated, wanted President Trump to declare victory. "The mayor was definitely intoxicated," top aide Jason Miller said, adding that he didn't "know the level of his intoxication.The president's daughter told committee investigators "it was becoming clear that the race would not be called on Election Night." Bill Stepien said he recommended the president say that votes were still being counted and it was too early to call the race. "But we are proud of the race we ran and we think we are in good position and we'll have more to say about this the next day," he said, adding that the president disagreed with that message.    57m ago Lofgren says Trump knew election fraud claims were false Committee member Rep. Zoe Lofgren said not only did the president's closest advisers know claims of widespread election fraud were false, but Trump knew it, too. "Mr. Trump's closest advisers knew it. Mr. Trump knew it," she said.Lofgren also alluded that the Trump operation raised a lot of money off the false idea that there was rampant fraud, enough to change the election results. "The 'Big Lie' was also a big ripoff," she said.    11:07 AM Cheney says Trump followed advice of "apparently inebriated" Giuliani to claim victory on election night In her opening remarks, committee Vice Chair Liz Cheney laid out a roadmap for what the public will hear during the select committee's second hearing and revealed that Trump, on the night of the election, took advice from an "apparently inebriated" Rudy Giuliani, his personal attorney."You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."The committee, she said, will lay out Trump's effort to convince Americans that the 2020 election was stolen from him and rife with voter fraud, despite the former president knowing that the counting of mail-in ballots in key battleground states would take days.Cheney said Americanas will also hear more from former Attorney General Bill Barr, who appeared before the panel behind closed doors, and from others within the Justice Department who told Trump his baseless claims of election fraud were "nonsense."Cheney played testimony from former White House lawyer Eric Herschmann , who rejected Trump's claims that voting machines from Dominion Voting Systems were switching votes cast for Trump to instead support President Biden."I never saw any evidence whatsoever to sustain" those allegations, he told House investigators.   10:51 AM Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    10:38 AM Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    10:12 AM January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   9:59 AM Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

Crime June 13, 2022 / 10:43 AM / CBS/AFP Ambush killings shed new light on the growing violence in Mexico Ambush killings shed new light on the growing violence in Mexico 01:59 A mob in Mexico attacked a young political adviser and then set him on fire over child trafficking accusations shared on chat groups, local authorities said Sunday.Daniel Picazo, 31, was lynched by a crowd of 200 people in the central state of Puebla after accusations that a suspected child kidnapper had entered the town were widely shared on telephone messaging groups, municipal authorities said.Police attempted to rescue Picazo and placed him inside a patrol car but the mob forced him out and into a sports field where he was beaten, doused with gasoline, and set on fire while still alive. "This is not justice, but barbarism," the municipality of Huachinango, which administers the town of Papatlazolco where the lynching took place, said in a statement. "The competent authorities are already investigating what happened to determine responsibility."On Sunday, the municipality posted on Facebook:  "Don't fall for the #FakeInformation! Be sure to verify all types of information being spread through any media." Picazo's body was recovered after the mob left the area.Until March 2022, he served as an advisor at the legislative Chamber of Deputies, the institution confirmed on social media while condemning the lynching.Mob justice is not uncommon in parts of Mexico, particularly in more remote areas where police are slow to arrive.One of the most dramatic cases occurred in 2019, also in Puebla, when seven men were beaten and burned alive. In 2018, two men were burned to death in Puebla after rumors spread on WhatsApp that they were child abductors, BBC News reported. The rumors turned out to be untrue.Jose Gil, the deputy minister for Information and Cyber Intelligence in Mexico City, told the BBC that social media plays a role in many crimes."Social media can really alter a community through the spread of false information that many of us perceive as truthful, because it's being sent by people we trust," he said. "Society really needs to evaluate what is true and what is false, and decide what is trustworthy and what is not." In this Oct. 21, 2015 file photo a woman creates a makeshift memorial, in front of the Municipal Palace in Ajalpan, Puebla, Mexico, for two pollsters mistaken for criminals who were killed and burned by a mob.  Marco Ugarte / AP In: Mexico Thanks for reading CBS NEWS. Create your free account or log in for more features. Please enter email address to continue Please enter valid email address to continue

Political adviser Daniel Picazo lynched by mob, set on fire over accusations shared on social media in Mexico.

Amazon is "definitely a stock to own," according to Sid Choraria, a senior portfolio manager who previously attracted the attention of Warren Buffett.Klaus-Dietmar Gabbert | Picture Alliance | Getty ImagesCheck out the companies making headlines in midday trading Monday.Coinbase, Microstrategy — Shares of cryptocurrency-related companies sold off as the price of bitcoin and other digital tokens pulled back sharply. Crypto exchange Coinbase dropped more than 10%, while software name and big bitcoin holder Microstrategy slumped 23%. Bitcoin tumbled below $23,000 on Monday, hitting its lowest level since December 2020, as investors dump crypto amid a broader sell-off in risk assets.Astra Space — Shares of the rocket builder plunged 24% after a weekend launch carrying NASA satellites failed to reach orbit. Astra's rocket LV0010 took off on Sunday from launch complex 46 at Cape Canaveral in Florida, carrying two satellites on NASA's TROPICS-1 mission. The mission represents the company's second mission failure in three launches this year.Revlon — Shares cratered 44% following reports Friday that said the cosmetics company is preparing to file for bankruptcy as early as this week. A Wall Street Journal report citing unnamed sources said Revlon has been struggling with a high debt load, rising competition and greater supply chain pressures.DocuSign — Shares of the software company fell again Monday, shedding more than 10%. This follows Friday's 24% decline on the heels of the company missing first-quarter earnings and cutting billings growth guidance. The stock also got another downgrade from Wall Street, with Wolfe Research moving the stock to underperform from peer perform.Prologis — The warehouse giant's shares dropped more than 8% after the company said that it will acquire its smaller rival Duke Realty in an all-stock deal valued at about $26 billion, including debt, in a vote of confidence for the red hot industrial real estate sector.Amazon, Tesla — Beaten-up tech shares took a hit during Monday's intense sell-off. Amazon slid nearly 6%, while Tesla was down about 5%. Netflix fell 5.8%, while Meta Platforms dropped 4.6%. The tech-heavy Nasdaq Composite slipped nearly 4%, touching a fresh 52-week low. Zendesk — The software stock fell more than 9% after Morgan Stanley downgraded the name to equal weight from overweight. Morgan Stanley sees few near-term catalysts after Zendesk management's decision to remain independent. The Wall Street firm also noted that Zendesk's customer base is more cyclically sensitive.— CNBC's Jesse Pound and Sarah Min contributed reporting.Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world.

Stocks making the biggest moves midday: Astra Space, Amazon, Revlon, Prologis & more.

Crime June 13, 2022 / 11:58 AM / CBS/AFP Why dropped charge doesn't exonerate Spacey Dropped charge does not exonerate Kevin Spacey, expert says 02:22 Hollywood actor Kevin Spacey has been formally charged with sexual assault and will appear before a court in London later this week, police said on Monday.Spacey was charged Monday "with four counts of sexual assault against three men. He has also been charged with causing a person to engage in penetrative sexual activity without consent," London's Metropolitan Police said.The Metropolitan Police said the 62-year-old actor would appear at Westminster Magistrates Court at 0900 GMT on Thursday. This June 3, 2019, file photo shows Kevin Spacey at a pretrial hearing in Nantucket.  Steven Senne / AP The first two alleged assaults took place in London in March 2005 against the same man, who is now in his 40s. The third alleged assault and the charge of causing a person to engage in penetrative sexual activity without consent relate to an incident that took place in August 2008 in London, against a separate man who is now in his 30s. A fourth alleged assault took place against a third man, who is now in his 30s, in Gloucestershire in 2013. In 2017, after American actor Anthony Rapp alleged that, when he was 14, Spacey had climbed on top of him in a bed, numerous allegations of assault and inappropriate behavior were made against Spacey.The Old Vic theater in London, where Spacey was the artistic director for 11 years until 2015, said two years after his departure that during its own investigation into his conduct, it received 20 allegations of inappropriate behavior and encouraged 14 of the people who made the allegations to go to the police. Those allegations covered interactions between 1995 and 2013, all of them dealing with men. The alleged incidents ranged from behavior that made people feel uncomfortable, to "sexually inappropriate" touching, but there were no allegations of rape reported by the theater.  In 2019, prosecutors in Massachusetts dropped a groping case against Spacey, who had faced a felony charge of indecent assault and battery. The district attorney said he was dropping the case "due to the unavailability of the complaining witness."Spacey was accused of groping a then 18-year-old at a bar three years earlier. The accuser said Spacey bought him several alcoholic drinks and then groped him.Haley Ott contributed to this report. In: Kevin Spacey Thanks for reading CBS NEWS. Create your free account or log in for more features. Please enter email address to continue Please enter valid email address to continue

Kevin Spacey formally charged with sexual assault, will appear in London court Thursday.

get the free app Updated on: June 13, 2022 / 12:21 PM / CBS News CBS News Live CBS News Live Live The House Jan. 6 committee focused their second public hearing on those closest to former President Donald Trump, who told him it was too premature to declare victory on election night in 2020 — and how Trump used his premature declaration of victory to push baseless claims that he won the election."This morning, we'll tell the story of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss decided to wage an attack on our democracy, an attack on the American people, by trying to rob you of your voice in our democracy — and in doing so, lit the fuse that led to the horrific violence of Jan. 6, when a mob of his supporters stormed the Capitol, sent by Donald Trump to stop the transfer of power," Committee Chair Rep. Bennie Thompson said.The first witness to testify was former Fox News political editor Chris Stirewalt, who defended the network's controversial early call that President Biden won Arizona — a call that was ultimately correct. Thompson asked Stirewalt if Trump had any basis to declare victory on Nov. 4, 2020, and Stirewalt responded "no." Some of Trump's top advisers testified that the former president was angry when that call was made.  Chris Stirewalt, former Fox News political editor, is sworn in to testify as the House select committee investigating the Jan. 6 attack on the U.S. Capitol continues to reveal its findings of a year-long investigation, at the Capitol in Washington, Monday, June 13, 2022. Susan Walsh / AP The witness who was supposed to testify with Stirewalt, Trump's former campaign manager Bill Stepien, did not end up appearing because his wife went into labor. The committee played video of Stepien's testimony, where he said he was part of "Team Normal," unlike "Rudy's team," meaning Rudy Giuliani, who pushed the false election claims."I didn't think what was happening was necessarily honest or professional at that point in time," he said of Trump allies raising unfounded claims the election was rigged. "That led to me stepping away."Rep. Liz Cheney, the committee's Republican vice chair, said in her opening remarks that Trump decided not to heed the advice of some of his closest advisers but instead decided to listen to an "apparently inebriated" Giuliani. The committee also played video of former Trump adviser Jason Miller saying that Giuliani was "definitely intoxicated" on election night. The committee also played extensive video of former Attorney General William Barr's testimony. Barr said he knew the early claims that Trump had won the election were "bogus" and "silly."Barr testified that he told an Associated Press reporter that there could not have been fraud on a scale that would have changed the outcome of the election, a statement he knew would anger the White House. He had a meeting scheduled at the White House that same day."I went over there and I told my secretary that I would probably be fired and told not to … not to go back to my office, so I said, 'You might have to pack up for me.'"Sure enough, Barr said Trump was "as mad as I've ever seen him." Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House on the night of the election. Ivanka Trump said "it was becoming clear that the race would not be called on election night," while Stepien said he recommended waiting to make a statement, since the votes were still being counted. A second panel of witnesses is set to testify at Monday's hearing, including election attorney Benjamin Ginsberg, former U.S. Attorney for the Northern District of Georgia B.J. Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt.    11m ago Top White House advisers knew there was no evidence to support voter fraud claims, testimony shows Top officials within the Trump administration, including former Vice President Mike Pence and White House lawyers, were aware there was no evidence to support Trump's claims of voter fraud, according to testimony from Alex Cannon, a lawyer with the Trump campaign.In a taped deposition, Cannon recalled speaking in mid-November 2020 with Peter Navarro, then a White House adviser, about claims Dominion's voting machines were changing votes and other allegations of voter fraud."I remember telling him that I didn't believe the Dominion allegations because I thought the hand recount in Georgia would resolve any issues with the technology problem and with Dominion, or Dominion flipping votes," Cannon said, adding that he mentioned a statement from the Cybersecurity and Infrastructure Security Agency (CISA) and then-Director Chris Krebs that declared the 2020 election secure. Navarro, Cannon recalled, "accused me of being an agent of the Deep State working with Chris Krebs against the president."Cannon said he also had a brief conversation with Pence in November about voter fraud claims, during which he told the vice president he was not finding evidence of widespread fraud to alter the results of the election.Derek Lyons, who served as White House staff secretary, also told the committee that allegations of fraud were discussed in a meeting more than a month after the election, during which White House counsel Pat Cipollone and Herschmann told Trump none of his claims had been "substantiated to the point where they could be the basis for any litigation challenge to the election." "President Trump's own vice president and his top advisers also knew that there wasn't evidence to support the claims that the president was making," Lofgren said.   21m ago Barr says fraud claims were like "playing whack-a-mole," and if Trump really believed them, he had "become detached from reality" In the days after the election, then-Attorney General Bill Barr testified to the committee that he knew the claims coming from Trump allies were "bogus" and "silly." Still, the Department of Justice investigated specific, credible investigations of fraud anyway. "The department, in fact, when we received specific and credible allegations of fraud, made an effort to look into these to satisfy ourselves that they were without merit," Barr said in recorded testimony that was shown Monday. "And I was in the posture of trying to figure out -- there was an avalanche of all these allegations of fraud that built up over a number of days and it was like playing whack-a-mole, because something would come out one day and then the next day, it would be another issue," Barr continued in his recorded testimony. "Also, I was influenced by the fact that all the early claims that I understood were completely bogus and silly and usually based on complete misinformation," Barr added. "And so I didn't consider the quality of claims right out of the box to give me any feeling that there was really substance here." Be recalled telling an Associated Press reporter that there could not have been fraud in a widespread way that could have changed the outcome of the election, a statement he knew would anger Trump. He had a meeting scheduled at the White House that same day, Nov. 23. 2020."I went over there and I told my secretary that I would probably be fired and told not to … not to go back to my office, so I said, 'You might have to pack up for me,'" Barr said. Sure enough, when he went to the White House for a meeting, he said then-chief of staff Mark Meadows said the president was angry. "The president was as mad as I've ever seen him, and he was trying to control himself," Barr said, adding that Trump was going off about allegations like the "big vote dump" in Detroit. Barr said he told the president there was no indication of fraud in Detroit, and told the president the claims of fraud were false. Barr said he didn't see any supporting evidence for the claims being made, particularly when it came to the Dominion voting machines. Barr recalled Trump at one point saying there was definitive evidence of fraud on Dominion machines, and that Trump held up a report with supposed evidence for those claims. "While a copy was being made, he said, 'This is absolute proof that the Dominion machines were rigged. The report means that I'm going to have a second term.' And then he gave me a copy of the report. And as he talked more and more about it, I sat there flipping through the report and looking at it.""And to be frank, it looked very amateurish to me," Barr continued. "… And the statements were made very conclusory, like 'these machines were designed to engage in fraud' or something to that effect, but I didn't see any supporting information for it. And I was somewhat demoralized because I thought, 'Boy if he really believes this stuff, he has you know, lost contact with — he's become detached from reality, if he really believes this stuff.'"Barr says he told Trump how crazy the claims were. "There was never, there was never an indication of interest in what the actual facts were," Barr said in his recorded testimony. "And my opinion then and my opinion now is that the election was not stolen by fraud."    42m ago Stepien told committee he was OK being part of "Team Normal," rather than Giuliani's team At Jan. 6 hearing, former Fox News political director Chris Stirewalt testifies on Trump's election loss 21:49 Stepien recalled that following the November election, two camps emerged within the Trump campaign: His team and "Rudy's team.""I didn't mind being characterized as being part of 'Team Normal,' as reporters kind of started to do around that point in time," Stepien said, according to a clip played by the committee.The former campaign manager recalled the array of Republican candidates he worked for, including Trump, former Sen. John McCain and former New Jersey Gov. Chris Christie, as well as the varying circumstances he worked under, and prided himself for building up a reputation of honesty and professionalism. "I didn't think what was happening was necessarily honest or professional at that point in time," he said of Trump allies raising unfounded claims the election was rigged. "That led to me stepping away."Lofgren added that Trump eventually allied himself with the legal team Giuliani was part of. "The president did get rid of Team Normal," she said.   43m ago Stepien's lawyer says wife didn't induce her labor Kevin Marino, a lawyer for former Trump campaign manager Bill Stepien, said Stepien's wife did not induce her labor. Stepien was set to testify to the committee on Monday morning, but had to cancel due to his wife's labor. Marino told CBS News that Stepien's wife called him early Monday morning and told him she went into labor. Stepien was advised to go to the hospital, Marino said. Marino said he then immediately told committee lawyers.    55m ago Former Fox News editor says he had no doubts Biden would win after network's controversial Arizona call Chris Stirewalt, former Fox News political editor, during a hearing of the Select Committee to Investigate the January 6th Attack on the U.S. Capitol, on Monday, June 13, 2022.  Al Drago/Bloomberg via Getty Images Former Fox News editor Chris Stirewalt described the Fox News Decision Desk's controversial decision to call the race for Joe Biden in Arizona, and the implications that had. Fox News was the first network to call Arizona for Biden, and everyone on the team had to agree to call the state for the candidate. "We were able to make the call early. We were able to beat the competition," Stirewalt said. Rep. Zoe Lofgren asked Stirewalt whether he had doubts that Biden would win the election after that Arizona call. "After that point? None," Stirewalt said. Stirewalt was fired from Fox News in January 2021, a firing he said came after his decision to defend the network calling Arizona for Biden.    11:30 AM Barr said "everyone understood for weeks" there would be a surge of Democratic votes from mail-in ballots In a taped interview with House investigators, Barr recalled that Trump's claims of election fraud were made "before there was any potential evidence" and was based on the notion that many votes for Democrats were tallied later on the night of November 3 as mail-in and absentee ballots were counted, which was to be expected."It seemed to be based on the dynamic that at the end of the evening, a lot of Democrat votes came in which changed the vote count in certain states and that seemed to be the basis for this broad claim that there was major fraud," Barr said, according to a clip played by the committee. "And I didn't think much of that because people had been talking for weeks and everyone understood for weeks that that was going to be what happened on election night."Bill Stepien, Trump's 2020 campaign manager, told House investigators he told the president they would have to "wait and see" the outcome of the election. "I always told the president the truth, and you know, I think he expected that from me and I told him  it was going to be a process and you know, we'll have to wait and see how this turns out. Just like I did in 2016, I did in 2020," Stepien said, according to a clip of a taped interview with the committee that was played.   11:25 AM Video shown of depositions of Ivanka Trump, Jared Kushner and more Trump allies about election night Some of President Trump's top aides described the atmosphere on Election Night at the White House, saying it was clear to many of them that it was too early to claim victory that night. Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House that night. Jason Miller said the mood shifted when Fox News declared victory for Joe Biden, but Rudy Giuliani, who appeared to be intoxicated, wanted President Trump to declare victory. "The mayor was definitely intoxicated," top aide Jason Miller said, adding that he didn't "know the level of his intoxication.The president's daughter told committee investigators "it was becoming clear that the race would not be called on Election Night." Bill Stepien said he recommended the president say that votes were still being counted and it was too early to call the race. "But we are proud of the race we ran and we think we are in good position and we'll have more to say about this the next day," he said, adding that the president disagreed with that message.    11:10 AM Lofgren says Trump knew election fraud claims were false Committee member Rep. Zoe Lofgren said not only did the president's closest advisers know claims of widespread election fraud were false, but Trump knew it, too. "Mr. Trump's closest advisers knew it. Mr. Trump knew it," she said.Lofgren also alluded that the Trump operation raised a lot of money off the false idea that there was rampant fraud, enough to change the election results. "The 'Big Lie' was also a big ripoff," she said.    11:07 AM Cheney says Trump followed advice of "apparently inebriated" Giuliani to claim victory on election night In her opening remarks, committee Vice Chair Liz Cheney laid out a roadmap for what the public will hear during the select committee's second hearing and revealed that Trump, on the night of the election, took advice from an "apparently inebriated" Rudy Giuliani, his personal attorney."You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."The committee, she said, will lay out Trump's effort to convince Americans that the 2020 election was stolen from him and rife with voter fraud, despite the former president knowing that the counting of mail-in ballots in key battleground states would take days.Cheney said Americanas will also hear more from former Attorney General Bill Barr, who appeared before the panel behind closed doors, and from others within the Justice Department who told Trump his baseless claims of election fraud were "nonsense."Cheney played testimony from former White House lawyer Eric Herschmann , who rejected Trump's claims that voting machines from Dominion Voting Systems were switching votes cast for Trump to instead support President Biden."I never saw any evidence whatsoever to sustain" those allegations, he told House investigators.   10:51 AM Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    10:38 AM Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    10:12 AM January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   9:59 AM Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

Watch Live: House Jan. 6 committee's focus turns to Trump's false claims in second hearing.

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 20, 2022. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comSummaryCompaniesBanks forecast 75 bps Fed hike on June 15Wall St 'fear gauge' surges to one-month highIndexes down: Dow 2.10%, S&P 2.99%, Nasdaq 3.78%S&P 500 hits lowest level since March 2021June 13 (Reuters) - Wall Street's main stock indexes fell sharply and the S&P 500 was on track to confirm a bear market on Monday on fears that the Federal Reserve's aggressive interest rate hikes would tip the economy into recession.The benchmark index is more than 20% below its record closing high on Jan. 3, the second such intraday decline since the pandemic-led rout on Wall Street in 2020.A close of more than 20% below the all-time high would confirm the index is in a bear market, based on a commonly used definition.Register now for FREE unlimited access to Reuters.comAll the major S&P sectors were sharply lower, with energy (.SPNY) and consumer discretionary (.SPLRCD) leading the declines, as worries over inflation, rate hikes and the Ukraine war unnerved investors.Market heavyweights Apple Inc (AAPL.O), Alphabet Inc (GOOGL.O), Microsoft Corp (MSFT.O) and Amazon.com Inc (AMZN.O) fell between 2.4% and 5.9%."This is the kind of agnostic selling you see when everyone wants out of everything - even the best-performing sector of the S&P 500, energy, is finally for sale," said Art Hogan, chief market strategist at National Securities."This is the ongoing pricing of risk that happens when inflation continues to run hotter than expectations and in the wake of that, the Fed will likely have to be more aggressive."A hotter-than-expected inflation print on Friday prompted traders to price in a total of 175 basis point (bps) in interest rate hikes by September, with many expecting a bigger-than-estimated 75 bps rate increase on June 15."There was some speculation the Fed may speed up their rate rise, perhaps even an additional quarter percent at this next meeting, which I would suggest is not enough to be able to really significantly slow down inflation," said Chris Campbell, chief strategist at Kroll in Miami.The two-year 10-year U.S. Treasury yield curve briefly inverted for the first time since April, which many in the markets see as a reliable signal that a recession could come in the next year or two.The Fed's interest rate decision is due on June 14-15, with focus on the speed and scale of rate hikes that policymakers believe will be needed to quash red-hot inflation. read more The Nasdaq Composite index (.IXIC) confirmed it was in bear market territory on March 7 and has declined nearly 28% this year. read more At 11:47 a.m. ET, the Dow Jones Industrial Average (.DJI) was down 658.82 points, or 2.10%, at 30,733.97, the S&P 500 (.SPX) was down 116.47 points, or 2.99%, at 3,784.39, and the Nasdaq Composite (.IXIC) fell 443 points or 3.9% to 10,897.The CBOE Volatility index (.VIX), also known as Wall Street's fear gauge, spiked to 33.47 points, its highest level since May 12.for 2022Cryptocurrency- and blockchain-related stocks, including Riot Blockchain (RIOT.O), Marathon Digital Holdings (MARA.O) and Coinbase Global (COIN.O), fell between 11.6% and 14.2% as bitcoin slumped more than 10%.Declining issues outnumbered advancers for a 17.07-to-1 ratio on the NYSE and for a 7.49-to-1 ratio on the Nasdaq.The S&P index recorded one new 52-week highs and 73 new lows, while the Nasdaq recorded 11 new highs and 662 new lows.Register now for FREE unlimited access to Reuters.comReporting by Anisha Sircar, Sruthi Shankar and Devik Jain in Bengaluru; Editing by Anil D'Silva and Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

S&P 500 on pace to confirm bear market on recession worries.

Alyssa Roman has been working at Chipotle as a food server for about nine months. The 21-year-old Bronx native first worked at one Manhattan location, then moved to another in March. She says she encountered numerous problems at both, among them issues with scheduling.Roman has repeatedly asked for 37 hours of work per week. Most recently, she's been getting 16.75 and 11.25, according to documents reviewed by CNBC.Roman makes $17 per hour, helps to support her mother in the Bronx, and is expecting her first child. The living wage for one adult with no dependents in New York City is $22.71, according to MIT's living wage calculator. That's if that person is working an average of 40 hours per week."I knew that there was plenty of hours to give in the store because they were very short staffed," she says. She just wasn't getting them.Roman was one of numerous Chipotle workers striking in more than 12 locations in New York throughout the week of May 23 with the help of 32BJ, a union of property and services workers in the U.S. Many Chipotle workers allege they've been subject to unfair scheduling practices, like getting their hours cut, among other grievances. Those strikes have since ended. Chipotle did not immediately return CNBC's request for commentA majority of food service and retail workers in the U.S. experience unpredictable scheduling like Roman's, according to The Shift Project, a Harvard Kennedy School data source for service sector schedules.What's different in New York City ― as well as a handful of other cities throughout the country ― is that the law should be protecting them.42% of service workers have no input into schedulesThere were more than 15 million people working in retail services in May 2022, according to the Bureau of Labor Statistics, and more than 13 million working in accommodation and food services.When it comes to precarious schedules, workers in these fields experience an array of offenses. In the fall of 2021, for example, workers reported the following, according to a nationwide 2021 Shift Project survey of 110,000 retail and food service personnel:64% of workers received less than two weeks' notice of their forthcoming work schedule57% experienced shift timing changes, including having one day or less notice of these changes36% were scheduled a closing shift with an opening shift the following day42% of workers had no input into the timing of their work schedules"If you don't have stable and predictable hours, everything unravels," says Kristen Harknett, associate professor at the University of California, San Francisco, and principal investigator at The Shift Project."It's very hard to make ends meet, to pay your bills on time, and to avoid serious material hardships, like hunger or housing instability," she says. The Shift Project also finds that unpredictable scheduling takes a toll on workers' health, increasing their stress levels and making it harder to sleep. And it affects children, according to the report: Kids of parents with unstable schedules can experience anxiety and feelings of worthlessness. Some may act out as a result.Employers are "almost addicted" to last-minute schedulingSeven cities currently have what are called fair workweek laws regulating service workers' schedules: Seattle, New York, Philadelphia, Chicago, San Francisco, San Jose and Emeryville, California, as well as the state of Oregon.Under New York City's law, for example, fast food employers must give workers schedules that stay the same week to week, must give workers their schedules 14 days in advance, and cannot fire or reduce hours by more than 15% "without just cause or legitimate business reason." The law regulates other industries as well.Regardless, employers at times flout these laws. "These employers are almost addicted to this [last-minute] scheduling model," says Harknett, because it helps cut costs. For them, she adds, "I think it is really hard to break the habit," even in the face of policy inhibiting it.All laws regarding labor "are not complied with 100%"

64% of service sector workers report having unpredictable schedules—and it impacts more than pay.

Cast member Chris Evans attends the Out-of-This-World Premiere of Disney and Pixar’s Lightyear at the El Capitan Theatre in Hollywood, California, U.S., June 8, 2022. REUTERS/Aude GuerrucciRegister now for FREE unlimited access to Reuters.comDUBAI, June 13 (Reuters) - The United Arab Emirates on Monday banned Walt Disney-Pixar's animated feature film "Lightyear" from screening in cinemas because it features characters in a same-sex relationship.The film would not be licensed for screening in the country as it violated the nation's media content standard, the Ministry of Youth and Culture's media regulatory office wrote on Twitter.Media Regulatory Office Executive Director Rashid Khalfan Al Nuaimi later told Reuters the film was banned because of the inclusion of "homosexual" characters in several scenes.Register now for FREE unlimited access to Reuters.comA Disney (DIS.N) representative did not immediately respond to emailed Reuters questions on the ban, which drew praise from some on social media in the country.Like many other Middle East and Muslim nations, same-sex relationships are criminalised in the UAE, a Gulf country of about 10 million people where most of the population are foreigners."Lightyear", which had been advertised by cinemas in the UAE for release on June 16, is centred around the Buzz Lightyear action figure character from the popular Toy Story franchise.The film features Chris Evans as the voice of "Buzz" and Uzo Aduba as "Alisha Hawthorne". Aduba's character is in a relationship with another woman, whom she kisses in the film.Some social media users said depicting same-sex relationships was against the religion and culture of the UAE while others said children should not be exposed to such imagery.Ahead of Monday's decision, an Arabic hashtag calling for the film not to be shown in the UAE was trending on Twitter.Films featuring same-sex relationships have in the past been banned by regulators in Muslim-majority nations, while others with profanity or illicit drug use are sometimes censored.The UAE's media regulatory office in December had announced that international versions of films would be shown in the country.Register now for FREE unlimited access to Reuters.comReporting by Alexander Cornwell; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

UAE bans Disney-Pixar film over same-sex relationship characters.

MoneyWatch June 13, 2022 / 11:59 AM / AP U.S. regulators have historically inspected baby formula plants at least once a year, but they did not inspect any of the three biggest manufacturers in 2020, according to federal records reviewed by The Associated Press.When they finally did get inside an Abbott Nutrition formula plant in Michigan after a two-year gap, they found standing water and lax sanitation procedures. But inspectors offered only voluntary suggestions for fixing the problems and issued no formal warning.Inspectors would return five months later after four infants who consumed powdered formula from the plant suffered bacterial infections. They found bacterial contamination inside the factory, leading to a four-month shutdown and turning a festering supply shortage into a full-blown crisis that sent parents scrambling to find formula and forced the U.S. to airlift products from overseas. The gap in baby formula plant inspections, brought on by the COVID-19 pandemic, is getting new scrutiny from Congress and government watchdogs investigating the series of missteps that led to the crisis. A recent bill would require the Food and Drug Administration to inspect infant formula facilities every six months. And the government's inspector general for health has launched an inquiry into the FDA's handling of Abbott's facility, the largest in the U.S.FDA skipped thousands of inspections Abbott resumed production at the plant early this month under a legally binding agreement with the FDA, but the shutdown and nationwide shortage exposed how concentrated the industry has become in the U.S., with a handful of companies accounting for roughly 90% of the market. As COVID-19 swept across the U.S. in early 2020, the FDA pulled most of its safety inspectors from the field, skipping thousands of routine plant inspections.The FDA did conduct more than 800 "mission critical" inspections during the first year of the pandemic, the agency said in a statement. Regulators selected facilities for inspections based on whether they carried a specific safety risk or were needed to produce an important medical therapy.Only three of the nation's 23 facilities that make, package or distribute formula made the cut. The FDA resumed routine inspections in July 2021.The inspection records reviewed by the AP show gaps as large as 2 1/2 years between FDA's 2019 inspections and when regulators returned to plants owned by the three leading formula manufacturers: Abbott, Reckitt and Gerber. In fact, the FDA still has yet to return to one key plant owned by Reckitt and two owned by Gerber, according to agency records. All those facilities are operating around the clock to boost U.S. formula production."The FDA would have had more chances to catch these issues if they'd been inspecting during the pandemic," said Sarah Sorscher, a food safety specialist with the Center for Science in the Public Interest. She acknowledged the difficult trade-off the FDA faced in pulling its inspectors to reduce their exposure to COVID-19. "Certainly there was a price to pay for protecting their workers during that time.""High priority"Baby formula manufacturers were "consistently identified as a high priority during the pandemic," and there is currently no backlog of inspections, the agency told the AP in response to inquiries about the gaps. The agency said it skipped about 15,000 U.S. inspections due to COVID, but it has already made up about 5,000 of those, exceeding its own goals.Under current law, the FDA is only required to inspect formula facilities every three to five years, but the agency has consistently inspected facilities annually — until the pandemic."Our top priority now is addressing the urgent need for infant formula in the U.S. market, and our teams are working night and day to help make that happen," FDA stated. Big shipment of baby formula arrives in Los Angeles 00:44 But outside experts say the gap in inspections speaks to a blind spot in the government's response effort, which was successful at preventing shortages of drugs and other medical supplies.FDA Commissioner Robert Califf says regulators knew shutting down Abbott's plant would create supply problems, but there was little evidence of urgency between when inspectors shuttered the plant in February and recent emergency measures to allow more imports from abroad. Drugs over food safetyLongtime food safety specialists see a deeper problem at the highest levels of the FDA, where physicians and medical scientists for decades have prioritized oversight of drugs and medical products over food."It's very challenging for them to get engaged at all in this area because they don't have the background, the knowledge and the experience in it," said Steven Mandernach, executive director of the Association of Food and Drug Officials, which represents state-level inspectors.The FDA shares oversight of food production and safety with the U.S. Department of Agriculture. FDA inspections of food facilities peaked in 2011 and have declined most years since, despite increased funds and powers by Congress. The FDA said that while U.S. inspections have declined, foreign facility inspections have increased.There's no certainty that extra inspections during COVID-19 would have prevented the contamination problems at the Sturgis, Michigan, plant that was shut down. And Abbott says that its products have not been directly linked to the infections, two of which were fatal.But the plant did have earlier problems, including a 2010 formula recall due to possible contamination with insect parts."I think facilities that had known problems that could cause a food safety risk should have been part of FDA's mission critical work," Mandernach said. "And this facility would have been among those."Not having regular inspections — or even the threat of them — can lead to changes in culture at plants like Abbott's, Mandernach noted. "If you're driving down the highway and you know the state troopers have been furloughed, might you go a little faster than if you knew there was a trooper on duty?" Mandernach asked.

Many baby formula plants weren't inspected because of COVID-19.

Mick Jagger of The Rolling Stones performs at Anfield Stadium as part of their "Stones Sixty Europe 2022 Tour", in Liverpool, Britain, June 9, 2022. REUTERS/Carl Recine/File PhotoRegister now for FREE unlimited access to Reuters.comAMSTERDAM, June 13 (Reuters) - The Rolling Stones postponed a concert on Monday in Amsterdam after lead singer Mick Jagger tested positive for COVID-19, the band said in a statement."The Rolling Stones are deeply sorry for tonight’s postponement, but the safety of the audience, fellow musicians and the touring crew has to take priority," they said.Jagger, 78, had experienced symptoms after arriving at Amsterdam's Johan Cruijff ArenA, the band said.Register now for FREE unlimited access to Reuters.comRepresentatives for Mojo Concerts, which had organized the band's appearance in the Netherlands, came onstage to inform the audience at ArenA, a football stadium, an hour and a half before the concert was due to begin."He can't sing, he can't play," an unnamed announcer told fans. "There is no show tonight ... it is what it is."Amsterdam was to be the fourth stop in the "Stones Sixty" European tour, following an appearance in Liverpool on Thursday.Register now for FREE unlimited access to Reuters.comReporting by Toby Sterling; Editing by Frank Jack DanielOur Standards: The Thomson Reuters Trust Principles.

Mick Jagger positive for COVID-19, Amsterdam Rolling Stones concert postponed.

Cleve Mesidor.Tom Williams | Cq-roll Call, Inc. | Getty ImagesCleve Mesidor was working in the Obama administration in 2013 when she first heard about bitcoin. From the beginning, the concept excited her. Within a few years, she'd leave politics and enter the cryptocurrency space with a mission to make the new financial world a better one for people of color and women than the traditional market of stocks, bonds and mutual funds.Most recently, Mesidor has published a book, The Clevolution: My Quest for Justice in Politics & Crypto, a memoir about her journey from growing up in Haiti to falling down the blockchain rabbit hole.She's the founder of the National Policy Network of Women of Color in Blockchain and just became the executive director of The Blockchain Foundation, which seeks to educate different industries on the emerging technology.More from Empowered Investor:CNBC recently interviewed Mesidor about what people get wrong about cryptocurrency, its future and how to prevent the new space from looking like the old world of finance. Shortly after that conversation, Bitcoin had a massive drop Monday, hitting $23,000 — its lowest level since December 2020.The exchange has been edited and condensed for clarity.'Policy was not keeping up with adoption'Annie Nova: You had a career in politics before moving over to cryptocurrency. How does that prior experience inform the work you're doing now?Cleve Mesidor: When I left Washington, I moved back to New York, and got immersed in the New York City crypto ecosystem. When bitcoin hit $20,000, everybody lost their minds, and the IRS was like, 'Are these people paying their taxes?' The regulatory conversation really heated up, and so I started leaning back on my Washington background. I found there was a void: Policy was not keeping up with adoption. Since 2018, I started publishing a weekly newsletter that goes to my public policy network.Crypto is the first asset class 'accessible to anyone'AN: What do people get most wrong about cryptocurrency?CM: We know that about 25% of the U.S. owns cryptocurrencies of some kind, and Black and Latino communities are actually leading the adoption. It's not white males. The working class and middle class are already in.AN: Why are Black and Latino communities leading crypto adoption?CM: Your attraction to cryptocurrency depends on your relationship with money. If money in the traditional system has always worked for you, you'll be like, 'Why fix it?' 'Why actually take the risk of a new pathway?' But if traditional finance never worked for you, then the alternatives look attractive. In America, Black and Latino communities, regardless of whether you're unbanked or a professional like myself, you're treated the same. Banks don't care about you, wealth managers don't care about you and Wall Street doesn't care about you.AN: But what's different about cryptocurrency? I can see the same problems in traditional finance reemerging here.CM: What's different about cryptocurrency is decentralization. With every other traditional asset class, there are barriers to entry. This is the first asset class that is accessible to anyone. That is not the case for stocks or bonds or mutual funds. Also Black and Latino communities do not see crypto as a risky investment; the riskiest place for us has been traditional finance. A few months ago, Ryan Coogler, the director of Black Panther, went into a bank to withdraw $10,000, and they called the police on him.Numbers of women in crypto are 'still abysmal'AN: There's still a huge gender imbalance in the cryptocurrency space, with much fewer women than men involved. What do you think the main reason for this is?CM: Women are a fast-growing demographic in crypto, but the numbers are still abysmal. That's largely because women are often the heads of households and responsible for the livelihoods of their children and their parents, which impacts their tolerance for risk.AN: How do you get more women in?CM: We need to empower women and give them more information about crypto. By talking to people about things like 'fractionalization,' meaning you don't have to buy a whole bitcoin, we will get more women. And the value proposition can't just be about becoming an investor. We must also emphasize opportunities for entrepreneurship, innovative career paths with remote work options, the ability to make a social impact and also highlight resources and education about how to reduce risk. AN: What do you see as the future of cryptocurrency?CM: If we cut through the noise of cryptocurrency and blockchain, and a lot of it is noise, it's really about efficiency, optimizing processes and giving people more control — access to their own data. Blockchain and cryptocurrency will be powering our world and we won't even notice it.

Crypto 'is the first asset class that is accessible to anyone,' says blockchain educator — why it's drawing Black, Latino communities.

Police officers, some in riot gear, guard a group of men, who police say are among 31 arrested for conspiracy to riot and are affiliated with the group Patriot Front, after they were found in the rear of a U Haul van in the vicinity of a Pride event in Coeur d'Alene, Idaho, U.S. June 11, 2022 in this still image obtained from a social media video. North Country Off Grid/Youtube/via REUTERS Register now for FREE unlimited access to Reuters.comJune 13 (Reuters) - Thirty-one members of the white nationalist group Patriot Front were expected to appear in an Idaho court on Monday for an arraignment following their weekend arrest on suspicion of plotting to violently disrupt an LGBTQ pride event.The men, arrested on Saturday after the U-Haul rental truck they were riding in was pulled over, face misdemeanor charges of conspiracy to riot and possibly additional offenses, according to Lee White, the police chief in Coeur d'Alene, Idaho.Arraignments in Kootenai County District Court begin at 2 p.m. local time. The men are expected to be arraigned at that time.Register now for FREE unlimited access to Reuters.comA local resident called authorities after spotting the group of men, all dressed alike with white gaiter-style masks and carrying shields, loading themselves into the truck "like a little army," White told reporters following the arrests.He said the truck was stopped by police about 10 minutes after the call a short distance from the "Pride in the Park" event in Coeur d'Alene, an Idaho Panhandle city about 380 miles north of the capital, Boise, and about 36 miles east of Spokane, Washington.Video taken at the scene of the arrest and posted online showed a group of men in police custody, kneeling next to the truck with their hands bound, wearing similar khaki pants, blue shirts, white masks and baseball caps.Police officers seized at least one smoke grenade, a collection of shields and shin guards and documents that included an "operations plan" from the truck, all of which made their intentions clear, White said."They came to riot downtown," he said.The men had come from at least 11 states across the country, White said, including Texas, Colorado and Virginia.The Patriot Front formed in the aftermath of the 2017 white nationalist "Unite the Right" rally in Charlottesville, Virginia, breaking off from another extremist group, Vanguard America, according to the Southern Poverty Law Center, which tracks hate groups.Saturday's pride event, described by organizers as the largest ever seen in North Idaho, drew a crowd of several hundred people for festivities that included a talent show and drag queen dance hour, local media reported.KREM-TV in Spokane reported several smaller groups turned out to protest the gathering, with dozens of individuals seen carrying guns on the fringe of the park in what organizers said was an attempt to intimidate those attending the LGBTQ event.Register now for FREE unlimited access to Reuters.comReporting by Joseph Ax; Editing by Daniel Wallis, Chris Reese and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

White nationalist group members face riot-planning charges in Idaho court.

Demonstrators display placards during a protest outside the Royal Courts of Justice whilst a legal case is heard over halting a planned deportation of asylum seekers from Britain to Rwanda, in London, Britain, June 13, 2022. REUTERS/Henry NichollsRegister now for FREE unlimited access to Reuters.comLONDON, June 13 (Reuters) - The first flight to take migrants arriving illegally in Britain to Rwanda can go ahead on Tuesday, the Court of Appeal in London ruled after judges dismissed campaigners' attempts to win an injunction to stop it.Charities and a trade union had launched an appeal against the government's plan to send asylum seekers to the East African nation after the High Court on Friday ruled the first planned flight could take place.Judge Rabinder Singh said the Court of Appeal could not interfere with the High Court judge's "clear and detailed" judgement, and refused permission for further appeal.Register now for FREE unlimited access to Reuters.comReporting by Michael Holden; Editing by Andrew MacAskillOur Standards: The Thomson Reuters Trust Principles.

UK Court of Appeal says flight to take migrants to Rwanda can go ahead.

An American Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, January 24, 2022.Joshua Roberts | ReutersThe market sell-off may still have a few more stocks to take down to size, according to historical valuations.A rough year for Wall Street got even worse on Monday, as stocks opened sharply lower and the S&P 500 set a new intraday low for the year. The selling was widespread, with every member of the benchmark index falling in morning trading, but some stocks look more expensive than others.Despite the broad declines, many stocks are still trading well above their historical averages, as measured by their price-to-earnings ratios. The stocks below, for example, are trading above their 5-year average P/E ratio despite falling more than 15% this year.Pricey stocks based on average P/ETicker Company Forward P/E Avg. Forward P/E P/E Diff YTD % AALAmerican Airlines 32.911.1197.6%-18.1FTNTFortinet51.744.316.6%-19.8KIMKimco Realty33.529.513.6%-16.2SNPSSynopsys32.729.89.6%-17.1BIIBBiogen 12.611.59.0%-17.7CDNSCadence Design Systems35.933.76.7%-20.0DDDuPont de Nemours17.216.35.6%-21.4MSIMotorola Solutions20.119.24.6%-23.0AAPLApple21.320.72.6%-22.8NEENextEra Energy26.025.42.6%-18.7AWKAmerican Water Works32.131.32.4%-21.5WBDWarner Bros. Discovery9.29.02.4%-36.9FASTFastenal26.626.02.3%-18.9COSTCostco Wholesale32.932.31.8%-18.4SHWSherwin-Williams24.424.01.4%-29.7Source: FactSetThe biggest outlier on the list is American Airlines. Travel stocks including airlines have had dramatic shifts in projected earnings in the Covid era, which can make average P/E a noisy number. Still, American traded at around 9-times-earnings in mid-2017, long before the pandemic, and far below the nearly 33 it was trading at as of Friday's close.The stock trading at the second-highest valuation relative to its own history is Fortinet. The cybersecurity stock is trading at a whopping P/E of nearly 52. Data security is seen as a future growth area, but investors have increasingly turned their backs on companies whose big payoffs are years away.The biggest name on the list is Apple, though it was only trading slightly above its average valuation. The iPhone and iPad maker has a massive cash pile that has many investors to see it as a relatively safe stock in a growth-focused sector, but its shares are still down more than 20% year to date.Retailer Costco is also trading at a slightly higher than normal valuation, despite concerns about consumer spending and inflation. Costco's subscription model can make it more attractive to investors than its retail peers during uncertain times, but a recession could drag down the whole sector.Making matters worse, the price-to-earnings values shown above might still be too optimistic. As signs of an economic slowdown have mounted in recent weeks, some Wall Street strategists have predicted that analysts will soon be forced to cut their earnings forecasts. That would make these stocks even more expensive on a historical basis.

History says these stocks still aren't cheap despite big market sell-off.

Register now for FREE unlimited access to Reuters.comSummaryOutbreak prompts return of mass testing, targeted lockdownsCluster caused by 'complacency' -state-backed newspaperShanghai emerges from weekend testing with no new curbsBEIJING, June 13 (Reuters) - Authorities in China's capital Beijing raced on Monday to contain a COVID-19 outbreak traced to a 24-hour bar known for cheap liquor and big crowds, with millions facing mandatory testing and thousands under targeted lockdowns.The outbreak of 228 cases linked to the Heaven Supermarket Bar, which had just reopened as restrictions in Beijing eased last week, highlights how hard it will be for China to make a success of its "zero COVID" policy as much of the rest of the world opts to learn how to live with the virus.The re-emergence of infections is also raising new concerns about the outlook for the world's second largest economy. China is only just shaking off a heavy blow from a long lockdown in Shanghai - its most populous city and commercial nerve centre - that also disrupted global supply chains.Register now for FREE unlimited access to Reuters.com"Epidemic prevention and control is at a critical juncture," a Beijing health official, Liu Xiaofeng, told a news conference on Monday, adding that the outbreak linked to the bar in the city's biggest district, Chaoyang, was "still developing".In a show of how seriously authorities are taking the situation, Vice Premier Sun Chunlan visited the bar and said it was necessary to strengthen COVID prevention and control of key places, state media reported on Monday.People infected in the outbreak live or work in 14 of the capital's 16 districts, authorities have said.Drinking and dining in most of Beijing's establishments only resumed on June 6 after more than a month in which the city of 22 million enforced curbs including urging people to work from home, and shutting malls and parts of the transport system.Chaoyang kicked off a three-day mass testing campaign among its roughly 3.5 million residents on Monday. About 10,000 close contacts of the bar's patrons have been identified, and their residential buildings put under lockdown.Some planned school reopenings in the district have been postponed.Queues snaked around testing sites on Monday for more than 100 metres, according to Reuters witnesses. Large metal barriers have been installed around several residential compounds, with people in hazmat suits spraying disinfectant.People walk past fences outside the Heaven Supermarket bar, where a coronavirus disease (COVID-19) outbreak emerged, in Chaoyang district of Beijing, China June 13, 2022. REUTERS/Carlos Garcia RawlinsOther nearby businesses under lockdown included the Paradise Massage & Spa parlour. Police tape and security staff blocked the entrance to the parlour on Sunday and authorities said a handful of people would be locked in temporarily for checks.SERIOUS CONSEQUENCESLast week, as dine-in curbs were lifted, Heaven Supermarket Bar, modelled as a large self-service liquor store with chairs, sofas and tables, reclaimed its popularity among young, noisy crowds starved of socialising and parties during Beijing's COVID restrictions.The bar, where patrons check aisles to grab anything from local heavy spirits to Belgian beer, is known among Beijing revellers for its tables littered with empty bottles, and customers falling asleep on sofas after midnight.Officials have not commented on the exact cause of the outbreak, nor explained why they are not yet reinstating the level of curbs seen last month.The state-backed Beijing Evening News wrote on Monday that the outbreak arose from loopholes and complacency in epidemic prevention, and said that if it grew, "consequences could be serious, and would be such that nobody would want to see".Shanghai endured two months of lockdown with restrictions lifted less than a fortnight ago.There was relief among its residents on Monday after mass testing for most of its 25 million people at the weekend saw only a small rise in daily cases.But frustrations have continued to simmer about the damage the lockdown caused, especially on residents' livelihoods.On Monday, shopkeepers in the city centre held up signs and shouted demands for rent refunds, according to videos widely posted on Chinese social media. The rare protest had dissipated by the time Reuters visited on Monday afternoon, and there was a heavy police presence in the area.Register now for FREE unlimited access to Reuters.comReporting by Martin Quin Pollard, Ryan Woo and the Beijing and Zhang Yan and Brenda Goh in Shanghai; Writing by Marius Zaharia and John Geddie; Editing by Kenneth Maxwell, Ed Osmond and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Beijing tests millions to stem 'developing' COVID cluster at 24-hour bar.

Crime June 13, 2022 / 12:56 PM / CBS/AP Mystery writer accused of killing husband Oregon murder-mystery writer arrested in husband's death 01:32 A self-published romance novelist — who once wrote an essay titled "How to Murder Your Husband" — has been sentenced to life in prison in the fatal shooting of her husband four years ago. Nancy Crampton Brophy was convicted last month in the 2018 killing of her chef husband, Chef Daniel Brophy.Judge Christopher Ramras, who presided over the trial, said Crampton Brophy will be considered for parole after 25 years, KOIN-TV reported.The sentencing included impact statements from Daniel Brophy's family members and a former Oregon Culinary Institute student. Crampton Brophy did not make a statement before the sentence is imposed. Brophy, 63, was killed June 2, 2018 as he prepped for work at the Oregon Culinary Institute in Southwest Portland. He had worked at the school since 2006.Prosecutors told jurors that Crampton Brophy was motivated by money problems and a life insurance policy. Crampton Brophy said during the trial, however, that she had no reason to kill her husband and that their financial problems had largely been solved by cashing in a chunk of Brophy's retirement savings plan.She owned the same make and model of gun used to kill her husband and was seen on surveillance camera footage driving to and from the culinary institute, court exhibits and court testimony showed.Police never found the gun that killed Brophy. Prosecutors alleged Crampton Brophy swapped out the barrel of the gun used in the shooting and then discarded the barrel.Defense attorneys said the gun parts were inspiration for Crampton Brophy's writing and suggested someone else might have killed Brophy during a robbery gone wrong. Crampton Brophy testified during the trial that her presence near the culinary school on the day of her husband's death was mere coincidence and that she had parked in the area to work on her writing. Nancy L. Crampton-Brophy is seen during a court appearance in Multnomah County, Oregon, on Sept. 6, 2018. KOIN-TV Crampton Brophy's how-two treatise detailed various options for committing an untraceable killing and professed a desire to avoid getting caught. Circuit Judge Christopher Ramras ultimately excluded the essay from the trial, noting it was published in 2011. "Any minimal probative value of an article written that long ago is substantially outweighed by the danger of unfair prejudice and confusion of the issues," Ramras said.A prosecutor, however, alluded to the essay's themes without naming it after Crampton Brophy took the stand in her own defense.Crampton Brophy has remained in custody since her arrest in September 2018, several months after her husband was shot. Her sentencing has been scheduled for June 13.In an online biography featuring her work, Crampton Brophy writes that she is "married to a chef whose mantra is: life is a science project.""As a result there are chickens and turkeys in my backyard, a fabulous vegetable garden which also grows tobacco for an insecticide and a hot meal on the table every night," she wrote. "For those of you who have longed for this, let me caution you. The old adage is true. Be careful what you wish for, when the gods are truly angry, they grant us our wishes."Neighbor Don McConnell told KOIN-TV in 2018 that Brophy didn't appear to be upset in the wake of Brophy's death. "She's taking it well, and that's what I said, you know, I said maybe some people can handle things better than others," McConnell said.Crampton Brophy kept busy preparing to move, McConnell said. "Even after she said, 'I'm a suspect,'" he said, "I just thought oh, yeah, well, they always suspect the opposite spouse." In: Oregon Murder Thanks for reading CBS NEWS. Create your free account or log in for more features. Please enter email address to continue Please enter valid email address to continue

Nancy Brophy, "How to Murder Your Husband" writer, sentenced to life in prison for killing her husband.

The logo of Binance is seen on their exhibition stand at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in Ta' Qali, Malta October 3, 2019. REUTERS/Darrin Zammit Lupi/File PhotoRegister now for FREE unlimited access to Reuters.comNEW YORK, June 13 (Reuters) - Binance U.S. and its CEO were sued on Monday by a U.S. investor who alleges the cryptocurrency exchange falsely marketed Terra USD as a safe asset ahead of the so-called stablecoin's collapse in value last month.Stablecoins are digital tokens pegged to the value of traditional assets, such as the U.S. dollar, and are popular as safe havens in times of turmoil in crypto markets. But Terra USD's value plunged last month, breaking its 1:1 dollar peg and contributing to a tumble in other crypto assets like Bitcoin. read more In the lawsuit against Binance and Chief Executive Brian Shroder, Utah resident Jeffrey Lockhart said Binance falsely advertised Terra USD as "safe" and backed by fiat currency, when in fact it was an unregistered security.Register now for FREE unlimited access to Reuters.comLockhart said Binance's failure to register with the U.S. government as a securities exchange limits disclosure about assets traded on the platform, harming investors."Binance U.S. profits from every trade, and therefore has a stark incentive to sell cryptoassets irrespective of their compliance with the securities laws," Lockhart wrote in his lawsuit, filed in San Francisco federal court. "From Binance U.S.'s perspective, the less disclosure, the better."A Binance spokesperson said the exchange is registered with the Financial Crimes Enforcement Network (FinCEN) - a unit of the U.S. Treasury Department - and complies with all applicable regulations."These assertions are without merit and we will defend ourselves vigorously," the spokesperson said in a statement, adding that the exchange will delist Terra USD, a decision made before the lawsuit was filed.Lockhart is seeking to have himself and other investors who bought Terra on Binance registered as a class.The lawsuit comes after a bipartisan group of U.S. Senators last week proposed legislation to have the Commodity Futures Trading Commission (CFTC), not the Securities and Exchange Commission (SEC), play the primary role in regulating crypto.The CFTC is generally seen as friendlier toward cryptocurrencies, as the SEC has found crypto assets should be seen as securities. read more Cryptocurrencies continued their slide on Monday, with Bitcoin touching an 18-month low and No. 2 token ether tumbling as much as 18%. read more Register now for FREE unlimited access to Reuters.comReporting by Luc Cohen in New York; Editing by Noeleen Walder and David EvansOur Standards: The Thomson Reuters Trust Principles.

Binance U.S. exchange sued by crypto investor over stablecoin collapse.

16m ago Committee adjourns for the day The committee adjourned for the day at 12:51 p.m. The next hearing is scheduled for 10 a.m. on Wednesday.    17m ago Barr says Trump was the "weak element" on the GOP ticket Barr debunked claims raised by Trump and Giuliani about voter fraud in Philadelphia and Pennsylvania broadly, saying in video testimony that the former president's allegation that more people voted in Philadelphia than there were registered voters "absolute rubbish.""The turnout in Philadelphia was in line with the state's turnout and in fact was not as impressive as many suburban counties. There was nothing strange about the Philadelphia turnout," Barr told committee investigators. "I think once you actually look at the votes, there's an obvious explanation. He, for example, in Pennsylvania, Trump ran weaker than the Republican ticket generally. He ran weaker than two of the state candidates, he ran weaker than the congressional delegation running for federal Congress."Barr continued: Trump "generally was the weak element on the Republican ticket. So that does not suggest that the election was stolen by fraud."The former attorney general recalled explaining to Trump at some point the purported discrepancies between the number of absentee ballots issued and cast in Pennsylvania.Joining Barr in refuting claims of voter fraud in Pennsylvania was Al Schmidt, a Republican who as a city commissioner served on the Philadelphia Board of Elections. Schmidt rejected claims from Rudy Giuliani that 8,000 dead people cast votes in Pennsylvania. "Not only was there not evidence of 8,000 dead voters voting in Pennsylvania, there wasn't evidence of eight," he told the committee during the hearing. "We took seriously every case that was referred to us, no matter how fantastical, no matter how absurd, and took every one of those seriously, including these."Trump attacked Schmidt by name in a tweet posted Nov. 11, 2020, calling him a "so-called Republican" who "refuses to look at a mountain of corruption & dishonesty."While Schmidt received threats before Trump's tweet that he characterized as "general in nature," he said they became "much more specific, much more graphic" after the former president's Twitter attack.The threats targeted "not just me by name, but included members of my family, by name, their ages, our address, pictures of our home, just every bit of detail that you could imagine. That was what changed with that tweet," Schmidt told lawmakers.In one text message provided to the committee and displayed during the hearing, an unidentified person wrote on Nov. 12, 2020: "You a traitor. Perhaps 75cuts and 20bullets will soon arrive." An email Schmidt received that same day included information about his children and threatened "COPS CAN'T HELP YOU. #Q HEADS ON SPIKES. TREASONOUS SCHMIDTS."   34m ago Former U.S. Attorney in Georgia says widespread voter fraud didn't happen there The former U.S. attorney for the Northern District of Georgia, BJay Pak, testified before the committee in person about efforts to get him to look into baseless claims of election fraud in Georgia. He found they were unsubstantiated. One of the claims he was asked to look into was from former Trump attorney Rudy Giuliani, who talked about suitcases of ballots existing. "We found that the suitcase full of ballots, the alleged black suitcase that was being seen pulled from under the table, was actually an official lockbox where ballots were kept safe," Pak testified in person. "We found out that there was a mistake in terms of a misunderstanding that they were done counting ballots or tallying ballots for the night. And the partisan watchers that were assigned by each of the respective parties were announced and sent home."But once the mistake was realized, the official ballot box was brought back and they continued to tally the ballots from the lockbox, Pak said, claiming Giuliani only played part of a clip. Pak said there was not evidence of widespread fraud that was sufficient to overturn the results in Georgia.    57m ago Top White House advisers knew there was no evidence to support voter fraud claims, testimony shows Top officials within the Trump administration, including former Vice President Mike Pence and White House lawyers, were aware there was no evidence to support Trump's claims of voter fraud, according to testimony from Alex Cannon, a lawyer with the Trump campaign.In a taped deposition, Cannon recalled speaking in mid-November 2020 with Peter Navarro, then a White House adviser, about claims Dominion's voting machines were changing votes and other allegations of voter fraud."I remember telling him that I didn't believe the Dominion allegations because I thought the hand recount in Georgia would resolve any issues with the technology problem and with Dominion, or Dominion flipping votes," Cannon said, adding that he mentioned a statement from the Cybersecurity and Infrastructure Security Agency (CISA) and then-Director Chris Krebs that declared the 2020 election secure. Navarro, Cannon recalled, "accused me of being an agent of the Deep State working with Chris Krebs against the president."Cannon said he also had a brief conversation with Pence in November about voter fraud claims, during which he told the vice president he was not finding evidence of widespread fraud to alter the results of the election.Derek Lyons, who served as White House staff secretary, also told the committee that allegations of fraud were discussed in a meeting more than a month after the election, during which White House counsel Pat Cipollone and Herschmann told Trump none of his claims had been "substantiated to the point where they could be the basis for any litigation challenge to the election." "President Trump's own vice president and his top advisers also knew that there wasn't evidence to support the claims that the president was making," Lofgren said.   12:09 PM Barr says fraud claims were like "playing whack-a-mole," and if Trump really believed them, he had "become detached from reality" In the days after the election, then-Attorney General Bill Barr testified to the committee that he knew the claims coming from Trump allies were "bogus" and "silly." Still, the Department of Justice investigated specific, credible investigations of fraud anyway. "The department, in fact, when we received specific and credible allegations of fraud, made an effort to look into these to satisfy ourselves that they were without merit," Barr said in recorded testimony that was shown Monday.  Former Attorney General William Barr testifies election fraud claims were "crazy stuff" 15:38 "And I was in the posture of trying to figure out -- there was an avalanche of all these allegations of fraud that built up over a number of days and it was like playing whack-a-mole, because something would come out one day and then the next day, it would be another issue," Barr continued in his recorded testimony. "Also, I was influenced by the fact that all the early claims that I understood were completely bogus and silly and usually based on complete misinformation," Barr added. "And so I didn't consider the quality of claims right out of the box to give me any feeling that there was really substance here." Be recalled telling an Associated Press reporter that there could not have been fraud in a widespread way that could have changed the outcome of the election, a statement he knew would anger Trump. He had a meeting scheduled at the White House that same day, Nov. 23. 2020."I went over there and I told my secretary that I would probably be fired and told not to … not to go back to my office, so I said, 'You might have to pack up for me,'" Barr said. Sure enough, when he went to the White House for a meeting, he said then-chief of staff Mark Meadows said the president was angry. "The president was as mad as I've ever seen him, and he was trying to control himself," Barr said, adding that Trump was going off about allegations like the "big vote dump" in Detroit. Barr said he told the president there was no indication of fraud in Detroit, and told the president the claims of fraud were false. Barr said he didn't see any supporting evidence for the claims being made, particularly when it came to the Dominion voting machines. Barr recalled Trump at one point saying there was definitive evidence of fraud on Dominion machines, and that Trump held up a report with supposed evidence for those claims. "While a copy was being made, he said, 'This is absolute proof that the Dominion machines were rigged. The report means that I'm going to have a second term.' And then he gave me a copy of the report. And as he talked more and more about it, I sat there flipping through the report and looking at it.""And to be frank, it looked very amateurish to me," Barr continued. "… And the statements were made very conclusory, like 'these machines were designed to engage in fraud' or something to that effect, but I didn't see any supporting information for it. And I was somewhat demoralized because I thought, 'Boy if he really believes this stuff, he has you know, lost contact with — he's become detached from reality, if he really believes this stuff.'"Barr says he told Trump how crazy the claims were. "There was never, there was never an indication of interest in what the actual facts were," Barr said in his recorded testimony. "And my opinion then and my opinion now is that the election was not stolen by fraud."    11:48 AM Stepien told committee he was OK being part of "Team Normal," rather than Giuliani's team At Jan. 6 hearing, former Fox News political director Chris Stirewalt testifies on Trump's election loss 21:49 Stepien recalled that following the November election, two camps emerged within the Trump campaign: His team and "Rudy's team.""I didn't mind being characterized as being part of 'Team Normal,' as reporters kind of started to do around that point in time," Stepien said, according to a clip played by the committee.The former campaign manager recalled the array of Republican candidates he worked for, including Trump, former Sen. John McCain and former New Jersey Gov. Chris Christie, as well as the varying circumstances he worked under, and prided himself for building up a reputation of honesty and professionalism. "I didn't think what was happening was necessarily honest or professional at that point in time," he said of Trump allies raising unfounded claims the election was rigged. "That led to me stepping away."Lofgren added that Trump eventually allied himself with the legal team Giuliani was part of. "The president did get rid of Team Normal," she said.   11:47 AM Stepien's lawyer says wife didn't induce her labor Kevin Marino, a lawyer for former Trump campaign manager Bill Stepien, said Stepien's wife did not induce her labor. Stepien was set to testify to the committee on Monday morning, but had to cancel due to his wife's labor. Marino told CBS News that Stepien's wife called him early Monday morning and told him she went into labor. Stepien was advised to go to the hospital, Marino said. Marino said he then immediately told committee lawyers.    11:35 AM Former Fox News editor says he had no doubts Biden would win after network's controversial Arizona call Chris Stirewalt, former Fox News political editor, during a hearing of the Select Committee to Investigate the January 6th Attack on the U.S. Capitol, on Monday, June 13, 2022.  Al Drago/Bloomberg via Getty Images Former Fox News editor Chris Stirewalt described the Fox News Decision Desk's controversial decision to call the race for Joe Biden in Arizona, and the implications that had. Fox News was the first network to call Arizona for Biden, and everyone on the team had to agree to call the state for the candidate. "We were able to make the call early. We were able to beat the competition," Stirewalt said. Rep. Zoe Lofgren asked Stirewalt whether he had doubts that Biden would win the election after that Arizona call. "After that point? None," Stirewalt said. Stirewalt was fired from Fox News in January 2021, a firing he said came after his decision to defend the network calling Arizona for Biden.    11:30 AM Barr said "everyone understood for weeks" there would be a surge of Democratic votes from mail-in ballots In a taped interview with House investigators, Barr recalled that Trump's claims of election fraud were made "before there was any potential evidence" and was based on the notion that many votes for Democrats were tallied later on the night of November 3 as mail-in and absentee ballots were counted, which was to be expected."It seemed to be based on the dynamic that at the end of the evening, a lot of Democrat votes came in which changed the vote count in certain states and that seemed to be the basis for this broad claim that there was major fraud," Barr said, according to a clip played by the committee. "And I didn't think much of that because people had been talking for weeks and everyone understood for weeks that that was going to be what happened on election night."Bill Stepien, Trump's 2020 campaign manager, told House investigators he told the president they would have to "wait and see" the outcome of the election. "I always told the president the truth, and you know, I think he expected that from me and I told him  it was going to be a process and you know, we'll have to wait and see how this turns out. Just like I did in 2016, I did in 2020," Stepien said, according to a clip of a taped interview with the committee that was played.   11:25 AM Video shown of depositions of Ivanka Trump, Jared Kushner and more Trump allies about election night Some of President Trump's top aides described the atmosphere on Election Night at the White House, saying it was clear to many of them that it was too early to claim victory that night. Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House that night. Jason Miller said the mood shifted when Fox News declared victory for Joe Biden, but Rudy Giuliani, who appeared to be intoxicated, wanted President Trump to declare victory. "The mayor was definitely intoxicated," top aide Jason Miller said, adding that he didn't "know the level of his intoxication.The president's daughter told committee investigators "it was becoming clear that the race would not be called on Election Night." Bill Stepien said he recommended the president say that votes were still being counted and it was too early to call the race. "But we are proud of the race we ran and we think we are in good position and we'll have more to say about this the next day," he said, adding that the president disagreed with that message.    11:10 AM Lofgren says Trump knew election fraud claims were false Committee member Rep. Zoe Lofgren said not only did the president's closest advisers know claims of widespread election fraud were false, but Trump knew it, too. "Mr. Trump's closest advisers knew it. Mr. Trump knew it," she said.Lofgren also alluded that the Trump operation raised a lot of money off the false idea that there was rampant fraud, enough to change the election results. "The 'Big Lie' was also a big ripoff," she said.    11:07 AM Cheney says Trump followed advice of "apparently inebriated" Giuliani to claim victory on election night In her opening remarks, committee Vice Chair Liz Cheney laid out a roadmap for what the public will hear during the select committee's second hearing and revealed that Trump, on the night of the election, took advice from an "apparently inebriated" Rudy Giuliani, his personal attorney."You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."The committee, she said, will lay out Trump's effort to convince Americans that the 2020 election was stolen from him and rife with voter fraud, despite the former president knowing that the counting of mail-in ballots in key battleground states would take days.Cheney said Americanas will also hear more from former Attorney General Bill Barr, who appeared before the panel behind closed doors, and from others within the Justice Department who told Trump his baseless claims of election fraud were "nonsense."Cheney played testimony from former White House lawyer Eric Herschmann , who rejected Trump's claims that voting machines from Dominion Voting Systems were switching votes cast for Trump to instead support President Biden."I never saw any evidence whatsoever to sustain" those allegations, he told House investigators.   10:51 AM Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    10:38 AM Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    10:12 AM January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   9:59 AM Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

House Jan. 6 committee zeroes in on Trump's false election claims in public hearing.

19m ago Committee adjourns for the day The committee adjourned for the day at 12:51 p.m. The next hearing is scheduled for 10 a.m. on Wednesday.    20m ago Barr says Trump was the "weak element" on the GOP ticket Barr debunked claims raised by Trump and Giuliani about voter fraud in Philadelphia and Pennsylvania broadly, saying in video testimony that the former president's allegation that more people voted in Philadelphia than there were registered voters "absolute rubbish.""The turnout in Philadelphia was in line with the state's turnout and in fact was not as impressive as many suburban counties. There was nothing strange about the Philadelphia turnout," Barr told committee investigators. "I think once you actually look at the votes, there's an obvious explanation. He, for example, in Pennsylvania, Trump ran weaker than the Republican ticket generally. He ran weaker than two of the state candidates, he ran weaker than the congressional delegation running for federal Congress."Barr continued: Trump "generally was the weak element on the Republican ticket. So that does not suggest that the election was stolen by fraud."The former attorney general recalled explaining to Trump at some point the purported discrepancies between the number of absentee ballots issued and cast in Pennsylvania.Joining Barr in refuting claims of voter fraud in Pennsylvania was Al Schmidt, a Republican who as a city commissioner served on the Philadelphia Board of Elections. Schmidt rejected claims from Rudy Giuliani that 8,000 dead people cast votes in Pennsylvania. "Not only was there not evidence of 8,000 dead voters voting in Pennsylvania, there wasn't evidence of eight," he told the committee during the hearing. "We took seriously every case that was referred to us, no matter how fantastical, no matter how absurd, and took every one of those seriously, including these."Trump attacked Schmidt by name in a tweet posted Nov. 11, 2020, calling him a "so-called Republican" who "refuses to look at a mountain of corruption & dishonesty."While Schmidt received threats before Trump's tweet that he characterized as "general in nature," he said they became "much more specific, much more graphic" after the former president's Twitter attack.The threats targeted "not just me by name, but included members of my family, by name, their ages, our address, pictures of our home, just every bit of detail that you could imagine. That was what changed with that tweet," Schmidt told lawmakers.In one text message provided to the committee and displayed during the hearing, an unidentified person wrote on Nov. 12, 2020: "You a traitor. Perhaps 75cuts and 20bullets will soon arrive." An email Schmidt received that same day included information about his children and threatened "COPS CAN'T HELP YOU. #Q HEADS ON SPIKES. TREASONOUS SCHMIDTS."   37m ago Former U.S. Attorney in Georgia says widespread voter fraud didn't happen there The former U.S. attorney for the Northern District of Georgia, BJay Pak, testified before the committee in person about efforts to get him to look into baseless claims of election fraud in Georgia. He found they were unsubstantiated. One of the claims he was asked to look into was from former Trump attorney Rudy Giuliani, who talked about suitcases of ballots existing. "We found that the suitcase full of ballots, the alleged black suitcase that was being seen pulled from under the table, was actually an official lockbox where ballots were kept safe," Pak testified in person. "We found out that there was a mistake in terms of a misunderstanding that they were done counting ballots or tallying ballots for the night. And the partisan watchers that were assigned by each of the respective parties were announced and sent home."But once the mistake was realized, the official ballot box was brought back and they continued to tally the ballots from the lockbox, Pak said, claiming Giuliani only played part of a clip. Pak said there was not evidence of widespread fraud that was sufficient to overturn the results in Georgia.    12:19 PM Top White House advisers knew there was no evidence to support voter fraud claims, testimony shows Top officials within the Trump administration, including former Vice President Mike Pence and White House lawyers, were aware there was no evidence to support Trump's claims of voter fraud, according to testimony from Alex Cannon, a lawyer with the Trump campaign.In a taped deposition, Cannon recalled speaking in mid-November 2020 with Peter Navarro, then a White House adviser, about claims Dominion's voting machines were changing votes and other allegations of voter fraud."I remember telling him that I didn't believe the Dominion allegations because I thought the hand recount in Georgia would resolve any issues with the technology problem and with Dominion, or Dominion flipping votes," Cannon said, adding that he mentioned a statement from the Cybersecurity and Infrastructure Security Agency (CISA) and then-Director Chris Krebs that declared the 2020 election secure. Navarro, Cannon recalled, "accused me of being an agent of the Deep State working with Chris Krebs against the president."Cannon said he also had a brief conversation with Pence in November about voter fraud claims, during which he told the vice president he was not finding evidence of widespread fraud to alter the results of the election.Derek Lyons, who served as White House staff secretary, also told the committee that allegations of fraud were discussed in a meeting more than a month after the election, during which White House counsel Pat Cipollone and Herschmann told Trump none of his claims had been "substantiated to the point where they could be the basis for any litigation challenge to the election." "President Trump's own vice president and his top advisers also knew that there wasn't evidence to support the claims that the president was making," Lofgren said.   12:09 PM Barr says fraud claims were like "playing whack-a-mole," and if Trump really believed them, he had "become detached from reality" In the days after the election, then-Attorney General Bill Barr testified to the committee that he knew the claims coming from Trump allies were "bogus" and "silly." Still, the Department of Justice investigated specific, credible investigations of fraud anyway. "The department, in fact, when we received specific and credible allegations of fraud, made an effort to look into these to satisfy ourselves that they were without merit," Barr said in recorded testimony that was shown Monday.  Former Attorney General William Barr testifies election fraud claims were "crazy stuff" 15:38 "And I was in the posture of trying to figure out -- there was an avalanche of all these allegations of fraud that built up over a number of days and it was like playing whack-a-mole, because something would come out one day and then the next day, it would be another issue," Barr continued in his recorded testimony. "Also, I was influenced by the fact that all the early claims that I understood were completely bogus and silly and usually based on complete misinformation," Barr added. "And so I didn't consider the quality of claims right out of the box to give me any feeling that there was really substance here." Be recalled telling an Associated Press reporter that there could not have been fraud in a widespread way that could have changed the outcome of the election, a statement he knew would anger Trump. He had a meeting scheduled at the White House that same day, Nov. 23. 2020."I went over there and I told my secretary that I would probably be fired and told not to … not to go back to my office, so I said, 'You might have to pack up for me,'" Barr said. Sure enough, when he went to the White House for a meeting, he said then-chief of staff Mark Meadows said the president was angry. "The president was as mad as I've ever seen him, and he was trying to control himself," Barr said, adding that Trump was going off about allegations like the "big vote dump" in Detroit. Barr said he told the president there was no indication of fraud in Detroit, and told the president the claims of fraud were false. Barr said he didn't see any supporting evidence for the claims being made, particularly when it came to the Dominion voting machines. Barr recalled Trump at one point saying there was definitive evidence of fraud on Dominion machines, and that Trump held up a report with supposed evidence for those claims. "While a copy was being made, he said, 'This is absolute proof that the Dominion machines were rigged. The report means that I'm going to have a second term.' And then he gave me a copy of the report. And as he talked more and more about it, I sat there flipping through the report and looking at it.""And to be frank, it looked very amateurish to me," Barr continued. "… And the statements were made very conclusory, like 'these machines were designed to engage in fraud' or something to that effect, but I didn't see any supporting information for it. And I was somewhat demoralized because I thought, 'Boy if he really believes this stuff, he has you know, lost contact with — he's become detached from reality, if he really believes this stuff.'"Barr says he told Trump how crazy the claims were. "There was never, there was never an indication of interest in what the actual facts were," Barr said in his recorded testimony. "And my opinion then and my opinion now is that the election was not stolen by fraud."    11:48 AM Stepien told committee he was OK being part of "Team Normal," rather than Giuliani's team At Jan. 6 hearing, former Fox News political director Chris Stirewalt testifies on Trump's election loss 21:49 Stepien recalled that following the November election, two camps emerged within the Trump campaign: His team and "Rudy's team.""I didn't mind being characterized as being part of 'Team Normal,' as reporters kind of started to do around that point in time," Stepien said, according to a clip played by the committee.The former campaign manager recalled the array of Republican candidates he worked for, including Trump, former Sen. John McCain and former New Jersey Gov. Chris Christie, as well as the varying circumstances he worked under, and prided himself for building up a reputation of honesty and professionalism. "I didn't think what was happening was necessarily honest or professional at that point in time," he said of Trump allies raising unfounded claims the election was rigged. "That led to me stepping away."Lofgren added that Trump eventually allied himself with the legal team Giuliani was part of. "The president did get rid of Team Normal," she said.   11:47 AM Stepien's lawyer says wife didn't induce her labor Kevin Marino, a lawyer for former Trump campaign manager Bill Stepien, said Stepien's wife did not induce her labor. Stepien was set to testify to the committee on Monday morning, but had to cancel due to his wife's labor. Marino told CBS News that Stepien's wife called him early Monday morning and told him she went into labor. Stepien was advised to go to the hospital, Marino said. Marino said he then immediately told committee lawyers.    11:35 AM Former Fox News editor says he had no doubts Biden would win after network's controversial Arizona call Chris Stirewalt, former Fox News political editor, during a hearing of the Select Committee to Investigate the January 6th Attack on the U.S. Capitol, on Monday, June 13, 2022.  Al Drago/Bloomberg via Getty Images Former Fox News editor Chris Stirewalt described the Fox News Decision Desk's controversial decision to call the race for Joe Biden in Arizona, and the implications that had. Fox News was the first network to call Arizona for Biden, and everyone on the team had to agree to call the state for the candidate. "We were able to make the call early. We were able to beat the competition," Stirewalt said. Rep. Zoe Lofgren asked Stirewalt whether he had doubts that Biden would win the election after that Arizona call. "After that point? None," Stirewalt said. Stirewalt was fired from Fox News in January 2021, a firing he said came after his decision to defend the network calling Arizona for Biden.    11:30 AM Barr said "everyone understood for weeks" there would be a surge of Democratic votes from mail-in ballots In a taped interview with House investigators, Barr recalled that Trump's claims of election fraud were made "before there was any potential evidence" and was based on the notion that many votes for Democrats were tallied later on the night of November 3 as mail-in and absentee ballots were counted, which was to be expected."It seemed to be based on the dynamic that at the end of the evening, a lot of Democrat votes came in which changed the vote count in certain states and that seemed to be the basis for this broad claim that there was major fraud," Barr said, according to a clip played by the committee. "And I didn't think much of that because people had been talking for weeks and everyone understood for weeks that that was going to be what happened on election night."Bill Stepien, Trump's 2020 campaign manager, told House investigators he told the president they would have to "wait and see" the outcome of the election. "I always told the president the truth, and you know, I think he expected that from me and I told him  it was going to be a process and you know, we'll have to wait and see how this turns out. Just like I did in 2016, I did in 2020," Stepien said, according to a clip of a taped interview with the committee that was played.   11:25 AM Video shown of depositions of Ivanka Trump, Jared Kushner and more Trump allies about election night Some of President Trump's top aides described the atmosphere on Election Night at the White House, saying it was clear to many of them that it was too early to claim victory that night. Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House that night. Jason Miller said the mood shifted when Fox News declared victory for Joe Biden, but Rudy Giuliani, who appeared to be intoxicated, wanted President Trump to declare victory. "The mayor was definitely intoxicated," top aide Jason Miller said, adding that he didn't "know the level of his intoxication.The president's daughter told committee investigators "it was becoming clear that the race would not be called on Election Night." Bill Stepien said he recommended the president say that votes were still being counted and it was too early to call the race. "But we are proud of the race we ran and we think we are in good position and we'll have more to say about this the next day," he said, adding that the president disagreed with that message.    11:10 AM Lofgren says Trump knew election fraud claims were false Committee member Rep. Zoe Lofgren said not only did the president's closest advisers know claims of widespread election fraud were false, but Trump knew it, too. "Mr. Trump's closest advisers knew it. Mr. Trump knew it," she said.Lofgren also alluded that the Trump operation raised a lot of money off the false idea that there was rampant fraud, enough to change the election results. "The 'Big Lie' was also a big ripoff," she said.    11:07 AM Cheney says Trump followed advice of "apparently inebriated" Giuliani to claim victory on election night In her opening remarks, committee Vice Chair Liz Cheney laid out a roadmap for what the public will hear during the select committee's second hearing and revealed that Trump, on the night of the election, took advice from an "apparently inebriated" Rudy Giuliani, his personal attorney."You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."The committee, she said, will lay out Trump's effort to convince Americans that the 2020 election was stolen from him and rife with voter fraud, despite the former president knowing that the counting of mail-in ballots in key battleground states would take days.Cheney said Americanas will also hear more from former Attorney General Bill Barr, who appeared before the panel behind closed doors, and from others within the Justice Department who told Trump his baseless claims of election fraud were "nonsense."Cheney played testimony from former White House lawyer Eric Herschmann , who rejected Trump's claims that voting machines from Dominion Voting Systems were switching votes cast for Trump to instead support President Biden."I never saw any evidence whatsoever to sustain" those allegations, he told House investigators.   10:51 AM Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    10:38 AM Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    10:12 AM January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   9:59 AM Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

House Jan. 6 committee zeroes in on Trump's false election claims in public hearing.

Register now for FREE unlimited access to Reuters.comHOULA, Lebanon, June 12 (Reuters) - In a remote village in southern Lebanon, Qassem Shreim crouched low to examine his wheat crop. Food costs have soared amid a global wheat crisis and Lebanon's own economic meltdown, but the builder-turned-farmer feels shielded by his self-sufficiency.Like many families in crisis-plagued Lebanon, Shreim turned to farming after the local pound began to slip in 2019, making his construction work scarce and his grocery runs ever more costly."We couldn't work, so what did we do? We turned to agriculture," the 42-year-old told Reuters in his home village of Houla, near the border with Israel.Register now for FREE unlimited access to Reuters.comFood prices have jumped 11-fold since Lebanon's crisis began, the World Food Programme says. Lebanese authorities have incrementally increased an official price cap on loaves of the staple pita bread and fears of a wheat shortage have grown since Russia's invasion of Ukraine derailed grain shipments.That crisis feels worlds away in Shreim's humble home, where slices of melon picked from their garden glisten in the afternoon sun and the kitchen is stocked with flatbread baked by his wife, Khadija, using wheat from their land.Their front patio and hallway have been turned into a makeshift shop, where wooden stalls made by Khadija bear fat watermelons and jars of freshly-pressed grapeleaves."Self-suffiency starts at home. I used to buy everything from the shops. Today all the vegetables I need are available here," said Shreim.NO GOING BACKOver the last three years, his family has planted everything from wheat and lentils to tiny eggplants and curled green chili peppers.The plots are at a lower altitude, where water is more plentiful, and regularly rotated to replenish nutrients in the soil while maximizing the number of harvests.But Shreim wasn't born with green fingers: he learned how to set up greenhouses by watching YouTube videos and has gathered tips and tricks from other farmers.Khadija, 39, has also relied on technology to run the shop.Khadija Shreim, 39, stands near her vegetables and fruits stall at her makeshift shop as a customer buys cucumbers, at Shreim's home in Houla village, near the border with Israel, southern Lebanon June 7, 2022. Picture taken June 7, 2022. REUTERS/Aziz TaherShe sends daily grocery prices every morning to the women of al-Houla through a WhatsApp messenger group by 9 am, and they message back with their requests."They call me the mayor of the village here, I know everyone," said Khadija.For her, sustainability goes beyond farming. She encourages customers to come with their own fabric bags to minimize use of plastic bags and researches preserving techniques on YouTube."As the crisis worsens, I invent new things. For example, I turned what I had remaining from the small eggplants into jam. You wouldn't believe it - people would tell me 'what do you mean by eggplant jam?' I couldn't keep up with orders," she said.Still, Shreim's operation is not entirely untouched by Lebanon's crisis.Their home gets one hour of state-provided electricity every day and another four hours from a private generator, which limits how much water they can pump into their gardens.Rains were plentiful last winter but Shreim fears a drier winter this time around could wreak havoc on next year’s crops.They have cut back on vitamins and some pesticides for cost reasons. Before the crisis, farmers often trucked their produce to Beirut, where they could sell at higher prices."Today, it's different - if I want to take products down to Beirut's wholesale market for fruits and vegetables, and assuming the car doesn't break down, the cost of fuel would be what I earn in an entire season," Shreim said.The tractor he uses to plough his fields runs on diesel and he counts "every second" that he runs it.But Shreim shrugged off such worries."I won't go back to my old job... I want to continue. Farming has a future," he said.Register now for FREE unlimited access to Reuters.comAdditional reporting by Maya Saad Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Back to the land: Lebanese family turns to farming to survive crises.

An Apple Store employee shows the Series 5 Apple Watch during the preview of the redesigned and reimagined Apple Fifth Avenue store in New York, U.S., September 19, 2019. REUTERS/Brendan McDermid/File PhotoRegister now for FREE unlimited access to Reuters.comJune 13 (Reuters) - San Francisco-based startup Rune Labs on Monday said it received clearance from the U.S. Food and Drug Administration to use the Apple Watch to monitor tremors and other common symptoms in patients with Parkinson’s disease.The Rune Labs software uses motion sensors built into the Apple Watch, which can already be used to detect when a person falls. Rune Labs Chief Executive Brian Pepin said in an interview that Apple Watch data will be combined with data from other sources, including a Medtronic Inc (MDT.N) implant that can measure brain signals.Rune Labs' goal is for doctors to use the combined data to decide whether and how to fine-tune the patients' treatment. At present, Pepin said, most doctors have to gather data on a patient's movements by observing them during a short clinical visit, which is not ideal because Parkinson's symptoms can vary widely over time.Register now for FREE unlimited access to Reuters.comUsing the Apple Watch, Rune Labs' StrivePD software platform will provide doctors a continuous stream of observations over long stretches, Pepin said."When you think about the process of getting someone to their optimal therapy or combination of drugs or devices, or even whether or not a patient might be a good fit for a certain clinical trial, it's a very hard decision to make when you only have a little context," Pepin said.The Rune Labs FDA clearance is the first prominent use of software tools that Apple released for measuring movement disorders in 2018.Last year, a group of scientists at Apple published a study in the journal Science Translational Medicine showing the device was effective at monitoring Parkinson's symptoms. After contacting Apple about the tools, Pepin said, "it took about eight minutes for the team lead to get back to me and say, 'Hey, perfect, let's explore this.'"Apple has partnered with a range of other companies to use the Apple Watch as a health monitoring device, including a deal with Johnson & Johnson (JNJ.N) to study whether it can be used to help lower stroke risk.Register now for FREE unlimited access to Reuters.comReporting by Stephen Nellis in San Francisco; editing by Diane Craft and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Rune Labs gets FDA clearance to use Apple Watch to track Parkinson's symptoms.

Michael AvenattiLucy Nicholson | ReutersDisgraced attorney Michael Avenatti wants to plead guilty to federal charges in California and admit to stealing millions of dollars from clients, according to court papers filed on Sunday.Avenatti, acting as his own primary counsel, said he intends to "plead open," which would allow a judge to set punishment without any plea agreement with prosecutors."Despite repeated efforts over the last year by Mr. Avenatti and his counsel, including substantial efforts made in the last 30 days, defendant has been unable to reach a plea agreement with the government," according to documents filed by Avenatti's advisory counsel, H. Dean Steward."Mr. Avenatti wishes to plea in order to be accountable accept responsibility; avoid his former clients being further burdened; save the Court and the government significant resources; and save his family further embarrassment."A representative for federal prosecutors in California could not be immediately reached for comment on Monday.Prosecutors allege that from 2015 to 2019, Avenatti stole nearly $10 million in settlement funds from at least five of his clients — Geoffrey Johnson, Alexis Gardner, Gregory Barela, Michelle Phan and Long Tran.Avenatti, already in custody for crimes committed against Nike and former client Stormy Daniels, asked the a federal judge in Southern California to schedule a video hearing to accept his change in plea in this case.Earlier this month, Avenatti was sentenced to four years in prison for pocketing money from a publisher that was supposed to go to Daniels for her book, "Full Disclosure," which included details about an alleged affair she had with Donald Trump before he was president.Avenatti was convicted in 2020 of extortion, transmission of interstate communications with intent to extort and wire fraud in connection with threats he made against the sports equipment giant Nike.He was sentenced to 2½ years behind bars for those crimes. He will have to serve another 2½ years in custody for the Daniels matter once the Nike time is done.

Michael Avenatti will admit to stealing millions from clients, court papers show.

FIFA's logo is seen at its headquarters in Zurich, Switzerland September 30, 2020. REUTERS/Arnd WiegmannRegister now for FREE unlimited access to Reuters.comSummaryAI technology for World Cup on the cardsIFAB ratifies five substitution ruleReferees to get better protectionDOHA, June 13 (Reuters) - FIFA are confident semi-automated technology to assist with quicker Video Assistant Referee decisions could be ready for the World Cup in Qatar later this year, world football's governing body president Gianni Infantino said on Monday.Trials on the AI technology will continue in the coming months but Infantino said there was significant progress."We tested it at the Club World Cup and it looks very good. We are very satisfied and we will take decision before the tournament," Infantino told a news conference in Doha after the meeting of the International Football Association Board, which regulates the Laws of the Game.Register now for FREE unlimited access to Reuters.comPierluigi Collina, chairman of FIFA's Referees Committee, added: "I'm confident it can go ahead."Semi-automated VAR, which will enable offside to be detected in seconds, uses automated ball detection and creates three-dimensional models of a player’s position instantly.IFAB ratified, as expected, the use of five substitutes into the Laws of the Game.It was first introduced as a tweak to the rules because of the COVID-19 pandemic, but has now become permanent although its use in different competitions will remain at the discretion of the body organising the matches.The Premier League, for example, had allowed five substitutes when the idea was first floated by FIFA in May 2020 but reverted back to three subs for their last two seasons. They have, however, agreed to five substitutes being permitted from next season.It was also decided to increase the maximum number of substitutes on the bench from 12 to 15 --- again at the discretion of the competition organising body.These changes come into effect on July 1.IFAB also discussed attacks on referees and the possibility of body cameras being worn which would act as a deterrent as well as evidence collection."Referees will profit from the possible protection, which sadly still takes place in many parts of the world," Infantino said."We have attacks on them from players, officials, spectators and parents and we have to be very firm in that respect."He also said more trials on tweaking the offside law and making decisions less marginal would continue in junior tournaments in Italy, the Netherlands and Sweden.Also finding ways for better time keeping would be trialled. "It is not acceptable that a game of 90 minutes actually only have the ball in play for 47-48 minutes on average. We have to look into that," Infantino added.Register now for FREE unlimited access to Reuters.comEditing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

FIFA confident about semi-automated video-assistant referee for soccer World Cup.

U.S. June 13, 2022 / 12:19 PM / CBS News The Violence Project co-founders on mass shooters The Violence Project co-founders on mass shooters, guns and prevention 10:34 Eleven people were killed and dozens were wounded in mass shootings that took place across the U.S. over the weekend, according to the latest numbers collected by the Gun Violence Archive. The grim statistics emerge as communities and policymakers grapple with an upswing in gun violence that continues to shake the country.On the heels of two prominent massacres last month — one, at an upstate New York supermarket, and another, at a south Texas elementary school — 12 mass shootings were recorded between Friday and Sunday, according to the Gun Violence Archive.The archive, an online database that has operated for nearly a decade, tracks incidents of gun violence in the U.S. as they happen and shares reports that tally resulting deaths as well as injuries. The database also collects and publishes specific summaries of mass shootings, which it classifies as instances where at least four people are either killed or wounded, excluding any shooter. Mass shootings were reported in numerous states this past weekend, including California, Georgia, Illinois, Kentucky, Louisiana, Michigan and Texas. One of the largest took place in Atlanta's College Park neighborhood on Saturday night, when seven people were shot by an unnamed perpetrator during a house party, CBS affiliate WGCL reported. All seven victims were transported to a nearby hospital, with one suffering critical injuries,  police said. — The Gun Violence Archive (@GunDeaths) June 13, 2022 As the Gun Violence Archive noted on Twitter earlier Monday, this past weekend's numbers pushed the nation's combined total of gun-related deaths and injuries past 25,000 since the beginning of 2022. The archive has recorded 266 mass shootings just this year. Last month's mass shootings at Robb Elementary School in Uvalde and Tops Supermarket Buffalo revived national conversations about gun control and sparked renewed calls for leaders at both the state and federal levels to implement legislative reform. On Sunday, a bipartisan group of 20 senators announced the outline of an agreement to reform national gun laws after weeks of negotiations on Capitol Hill. If passed, the plan includes some of the most significant changes to gun control legislation the U.S. has seen in almost 30 years. In: United States Congress Gun Control Mass Shootings Mass Shooting Thanks for reading CBS NEWS. Create your free account or log in for more features. Please enter email address to continue Please enter valid email address to continue

11 people killed and dozens wounded in more mass shootings over the weekend.

37m ago Committee adjourns for the day The committee adjourned for the day at 12:51 p.m. The next hearing is scheduled for 10 a.m. on Wednesday.    5m ago Lofgren says the Trump campaign used false election claims to raise "millions" Before concluding the second hearing of the select committee, Lofgren detailed how the former president's campaign used his baseless voter fraud allegations to rake in millions of dollars in donations from his supporters under the guise of an "Election Defense Fund.""Litigation generally does not continue past the safe harbor date of Dec. 14, but the fact that this litigation went on, well that decision makes more sense when you consider the Trump campaign's fundraising tactics, because if the litigation had stopped on Dec. 14, there would've been no fight to defend the election and no clear path to continue to raise millions of dollars," she said. Lofgren then introduced a video presentation describing how Trump used his lies about the integrity of the election to raise "millions" from the American people and spread his false claims.According to Amanda Wick, senior investigative counsel, the committee estimated that between Nov. 3 and Jan. 6, the Trump campaign sent scores of fundraising emails — as many as 25 per day — that claimed a "left-wing mob" was undermining the election and pushed small-dollar donors to "fight back" by contributing to the so-called "Election Defense Fund."The video featured testimony from Hanna Allred, a former Trump campaign staffer who told investigators, "I don't believe there is actually a fund called the Election Defense Fund."Gary Coby, former digital director for the Trump campaign, said in an interview with the committee the Election Defense Fund was a marketing tactic. Appeals about the integrity of the election from the Trump campaign and the former president's allies brought in $250 million, according to Wick, nearly $100 million of which was donated the first week after the election.Most of the money raised went not to election-related litigation, but rather to Trump's Save America PAC, which in turn contributed "millions" to pro-Trump organizations including: $1 million to the Conservative Partnership Institute, where former White House chief of statt Mark Meadows is senior partner;  $1 million to the America First Policy Institute, a research organization that employs numerous former Trump officials; $204,857 to the Trump Hotel Collection; and $5 million to Event Strategies Inc., the company that ran the Jan. 6 rally on the Ellipse.   37m ago Barr says Trump was the "weak element" on the GOP ticket Barr debunked claims raised by Trump and Giuliani about voter fraud in Philadelphia and Pennsylvania broadly, saying in video testimony that the former president's allegation that more people voted in Philadelphia than there were registered voters "absolute rubbish.""The turnout in Philadelphia was in line with the state's turnout and in fact was not as impressive as many suburban counties. There was nothing strange about the Philadelphia turnout," Barr told committee investigators. "I think once you actually look at the votes, there's an obvious explanation. He, for example, in Pennsylvania, Trump ran weaker than the Republican ticket generally. He ran weaker than two of the state candidates, he ran weaker than the congressional delegation running for federal Congress."Barr continued: Trump "generally was the weak element on the Republican ticket. So that does not suggest that the election was stolen by fraud."The former attorney general recalled explaining to Trump at some point the purported discrepancies between the number of absentee ballots issued and cast in Pennsylvania.Joining Barr in refuting claims of voter fraud in Pennsylvania was Al Schmidt, a Republican who as a city commissioner served on the Philadelphia Board of Elections. Schmidt rejected claims from Rudy Giuliani that 8,000 dead people cast votes in Pennsylvania. "Not only was there not evidence of 8,000 dead voters voting in Pennsylvania, there wasn't evidence of eight," he told the committee during the hearing. "We took seriously every case that was referred to us, no matter how fantastical, no matter how absurd, and took every one of those seriously, including these."Trump attacked Schmidt by name in a tweet posted Nov. 11, 2020, calling him a "so-called Republican" who "refuses to look at a mountain of corruption & dishonesty."While Schmidt received threats before Trump's tweet that he characterized as "general in nature," he said they became "much more specific, much more graphic" after the former president's Twitter attack.The threats targeted "not just me by name, but included members of my family, by name, their ages, our address, pictures of our home, just every bit of detail that you could imagine. That was what changed with that tweet," Schmidt told lawmakers.In one text message provided to the committee and displayed during the hearing, an unidentified person wrote on Nov. 12, 2020: "You a traitor. Perhaps 75cuts and 20bullets will soon arrive." An email Schmidt received that same day included information about his children and threatened "COPS CAN'T HELP YOU. #Q HEADS ON SPIKES. TREASONOUS SCHMIDTS."   54m ago Former U.S. Attorney in Georgia says widespread voter fraud didn't happen there The former U.S. attorney for the Northern District of Georgia, BJay Pak, testified before the committee in person about efforts to get him to look into baseless claims of election fraud in Georgia. He found they were unsubstantiated. One of the claims he was asked to look into was from former Trump attorney Rudy Giuliani, who talked about suitcases of ballots existing. "We found that the suitcase full of ballots, the alleged black suitcase that was being seen pulled from under the table, was actually an official lockbox where ballots were kept safe," Pak testified in person. "We found out that there was a mistake in terms of a misunderstanding that they were done counting ballots or tallying ballots for the night. And the partisan watchers that were assigned by each of the respective parties were announced and sent home."But once the mistake was realized, the official ballot box was brought back and they continued to tally the ballots from the lockbox, Pak said, claiming Giuliani only played part of a clip. Pak said there was not evidence of widespread fraud that was sufficient to overturn the results in Georgia.    12:19 PM Top White House advisers knew there was no evidence to support voter fraud claims, testimony shows Top officials within the Trump administration, including former Vice President Mike Pence and White House lawyers, were aware there was no evidence to support Trump's claims of voter fraud, according to testimony from Alex Cannon, a lawyer with the Trump campaign.In a taped deposition, Cannon recalled speaking in mid-November 2020 with Peter Navarro, then a White House adviser, about claims Dominion's voting machines were changing votes and other allegations of voter fraud."I remember telling him that I didn't believe the Dominion allegations because I thought the hand recount in Georgia would resolve any issues with the technology problem and with Dominion, or Dominion flipping votes," Cannon said, adding that he mentioned a statement from the Cybersecurity and Infrastructure Security Agency (CISA) and then-Director Chris Krebs that declared the 2020 election secure. Navarro, Cannon recalled, "accused me of being an agent of the Deep State working with Chris Krebs against the president."Cannon said he also had a brief conversation with Pence in November about voter fraud claims, during which he told the vice president he was not finding evidence of widespread fraud to alter the results of the election.Derek Lyons, who served as White House staff secretary, also told the committee that allegations of fraud were discussed in a meeting more than a month after the election, during which White House counsel Pat Cipollone and Herschmann told Trump none of his claims had been "substantiated to the point where they could be the basis for any litigation challenge to the election." "President Trump's own vice president and his top advisers also knew that there wasn't evidence to support the claims that the president was making," Lofgren said.   12:09 PM Barr says fraud claims were like "playing whack-a-mole," and if Trump really believed them, he had "become detached from reality" In the days after the election, then-Attorney General Bill Barr testified to the committee that he knew the claims coming from Trump allies were "bogus" and "silly." Still, the Department of Justice investigated specific, credible investigations of fraud anyway. "The department, in fact, when we received specific and credible allegations of fraud, made an effort to look into these to satisfy ourselves that they were without merit," Barr said in recorded testimony that was shown Monday.  Former Attorney General William Barr testifies election fraud claims were "crazy stuff" 15:38 "And I was in the posture of trying to figure out -- there was an avalanche of all these allegations of fraud that built up over a number of days and it was like playing whack-a-mole, because something would come out one day and then the next day, it would be another issue," Barr continued in his recorded testimony. "Also, I was influenced by the fact that all the early claims that I understood were completely bogus and silly and usually based on complete misinformation," Barr added. "And so I didn't consider the quality of claims right out of the box to give me any feeling that there was really substance here." Be recalled telling an Associated Press reporter that there could not have been fraud in a widespread way that could have changed the outcome of the election, a statement he knew would anger Trump. He had a meeting scheduled at the White House that same day, Nov. 23. 2020."I went over there and I told my secretary that I would probably be fired and told not to … not to go back to my office, so I said, 'You might have to pack up for me,'" Barr said. Sure enough, when he went to the White House for a meeting, he said then-chief of staff Mark Meadows said the president was angry. "The president was as mad as I've ever seen him, and he was trying to control himself," Barr said, adding that Trump was going off about allegations like the "big vote dump" in Detroit. Barr said he told the president there was no indication of fraud in Detroit, and told the president the claims of fraud were false. Barr said he didn't see any supporting evidence for the claims being made, particularly when it came to the Dominion voting machines. Barr recalled Trump at one point saying there was definitive evidence of fraud on Dominion machines, and that Trump held up a report with supposed evidence for those claims. "While a copy was being made, he said, 'This is absolute proof that the Dominion machines were rigged. The report means that I'm going to have a second term.' And then he gave me a copy of the report. And as he talked more and more about it, I sat there flipping through the report and looking at it.""And to be frank, it looked very amateurish to me," Barr continued. "… And the statements were made very conclusory, like 'these machines were designed to engage in fraud' or something to that effect, but I didn't see any supporting information for it. And I was somewhat demoralized because I thought, 'Boy if he really believes this stuff, he has you know, lost contact with — he's become detached from reality, if he really believes this stuff.'"Barr says he told Trump how crazy the claims were. "There was never, there was never an indication of interest in what the actual facts were," Barr said in his recorded testimony. "And my opinion then and my opinion now is that the election was not stolen by fraud."    11:48 AM Stepien told committee he was OK being part of "Team Normal," rather than Giuliani's team At Jan. 6 hearing, former Fox News political director Chris Stirewalt testifies on Trump's election loss 21:49 Stepien recalled that following the November election, two camps emerged within the Trump campaign: His team and "Rudy's team.""I didn't mind being characterized as being part of 'Team Normal,' as reporters kind of started to do around that point in time," Stepien said, according to a clip played by the committee.The former campaign manager recalled the array of Republican candidates he worked for, including Trump, former Sen. John McCain and former New Jersey Gov. Chris Christie, as well as the varying circumstances he worked under, and prided himself for building up a reputation of honesty and professionalism. "I didn't think what was happening was necessarily honest or professional at that point in time," he said of Trump allies raising unfounded claims the election was rigged. "That led to me stepping away."Lofgren added that Trump eventually allied himself with the legal team Giuliani was part of. "The president did get rid of Team Normal," she said.   11:47 AM Stepien's lawyer says wife didn't induce her labor Kevin Marino, a lawyer for former Trump campaign manager Bill Stepien, said Stepien's wife did not induce her labor. Stepien was set to testify to the committee on Monday morning, but had to cancel due to his wife's labor. Marino told CBS News that Stepien's wife called him early Monday morning and told him she went into labor. Stepien was advised to go to the hospital, Marino said. Marino said he then immediately told committee lawyers.    11:35 AM Former Fox News editor says he had no doubts Biden would win after network's controversial Arizona call Chris Stirewalt, former Fox News political editor, during a hearing of the Select Committee to Investigate the January 6th Attack on the U.S. Capitol, on Monday, June 13, 2022.  Al Drago/Bloomberg via Getty Images Former Fox News editor Chris Stirewalt described the Fox News Decision Desk's controversial decision to call the race for Joe Biden in Arizona, and the implications that had. Fox News was the first network to call Arizona for Biden, and everyone on the team had to agree to call the state for the candidate. "We were able to make the call early. We were able to beat the competition," Stirewalt said. Rep. Zoe Lofgren asked Stirewalt whether he had doubts that Biden would win the election after that Arizona call. "After that point? None," Stirewalt said. Stirewalt was fired from Fox News in January 2021, a firing he said came after his decision to defend the network calling Arizona for Biden.    11:30 AM Barr said "everyone understood for weeks" there would be a surge of Democratic votes from mail-in ballots In a taped interview with House investigators, Barr recalled that Trump's claims of election fraud were made "before there was any potential evidence" and was based on the notion that many votes for Democrats were tallied later on the night of November 3 as mail-in and absentee ballots were counted, which was to be expected."It seemed to be based on the dynamic that at the end of the evening, a lot of Democrat votes came in which changed the vote count in certain states and that seemed to be the basis for this broad claim that there was major fraud," Barr said, according to a clip played by the committee. "And I didn't think much of that because people had been talking for weeks and everyone understood for weeks that that was going to be what happened on election night."Bill Stepien, Trump's 2020 campaign manager, told House investigators he told the president they would have to "wait and see" the outcome of the election. "I always told the president the truth, and you know, I think he expected that from me and I told him  it was going to be a process and you know, we'll have to wait and see how this turns out. Just like I did in 2016, I did in 2020," Stepien said, according to a clip of a taped interview with the committee that was played.   11:25 AM Video shown of depositions of Ivanka Trump, Jared Kushner and more Trump allies about election night Some of President Trump's top aides described the atmosphere on Election Night at the White House, saying it was clear to many of them that it was too early to claim victory that night. Ivanka Trump, the president's daughter and top adviser, and her husband Jared Kushner, also a Trump adviser, told committee investigators that they were at the White House that night. Jason Miller said the mood shifted when Fox News declared victory for Joe Biden, but Rudy Giuliani, who appeared to be intoxicated, wanted President Trump to declare victory. "The mayor was definitely intoxicated," top aide Jason Miller said, adding that he didn't "know the level of his intoxication.The president's daughter told committee investigators "it was becoming clear that the race would not be called on Election Night." Bill Stepien said he recommended the president say that votes were still being counted and it was too early to call the race. "But we are proud of the race we ran and we think we are in good position and we'll have more to say about this the next day," he said, adding that the president disagreed with that message.    11:10 AM Lofgren says Trump knew election fraud claims were false Committee member Rep. Zoe Lofgren said not only did the president's closest advisers know claims of widespread election fraud were false, but Trump knew it, too. "Mr. Trump's closest advisers knew it. Mr. Trump knew it," she said.Lofgren also alluded that the Trump operation raised a lot of money off the false idea that there was rampant fraud, enough to change the election results. "The 'Big Lie' was also a big ripoff," she said.    11:07 AM Cheney says Trump followed advice of "apparently inebriated" Giuliani to claim victory on election night In her opening remarks, committee Vice Chair Liz Cheney laid out a roadmap for what the public will hear during the select committee's second hearing and revealed that Trump, on the night of the election, took advice from an "apparently inebriated" Rudy Giuliani, his personal attorney."You will also hear testimony that President Trump rejected the advice of his campaign experts on election night and instead followed the course recommended by an apparently inebriated Rudy Giuliani to just claim he won and insist that the vote-counting stop, to falsely claim everything was fraudulent," Cheney previewed. "He falsely told the American people that the election was not legitimate."The committee, she said, will lay out Trump's effort to convince Americans that the 2020 election was stolen from him and rife with voter fraud, despite the former president knowing that the counting of mail-in ballots in key battleground states would take days.Cheney said Americanas will also hear more from former Attorney General Bill Barr, who appeared before the panel behind closed doors, and from others within the Justice Department who told Trump his baseless claims of election fraud were "nonsense."Cheney played testimony from former White House lawyer Eric Herschmann , who rejected Trump's claims that voting machines from Dominion Voting Systems were switching votes cast for Trump to instead support President Biden."I never saw any evidence whatsoever to sustain" those allegations, he told House investigators.   10:51 AM Hearing begins Chairman Bennie Thompson gaveled in the hearing at 10:46 a.m. "My colleagues and I don't want to spend time talking about ourselves during these hearings, but as someone who's run for office a few times, I can tell you at the end of a campaign, it all comes down to the numbers," Thompson said. "The numbers tell you the winner and the loser. For the most part, the numbers don't lie." And those numbers are the voice and the will of the people. Politicians are to accept the will of the people, he said. But Trump didn't. "This morning will tell the sort of how Donald Trump lost an election, and knew he lost an election, and as a result of his loss, decided to wage an attack on our democracy," Thompson said. Thompson said Trump "lit the fuse" for Jan. 6, 2021.    10:38 AM Stepien's lawyer says his wife went into labor Kevin Marino, lawyer for former Trump campaign manager Bill Stepien, said Stepien can't testify in person because his wife went into labor. Instead, his understanding is that video testimony of Stepien's will be played. Marino called Stepien one of the "finest political consultants in the country." And Stepien's testimony will present the numbers and dad he followed as he advised Trump, Marino said. Committee vice chair Liz Cheney confirmed they would play video testimony of Stepien."We're going to have a very important and effective set of hearings as you know Mr Stepien has appeared previously and so we'll be able to provide the American people with a lot of interesting new and important information that Mr. Stepien has provided to us previously," Cheney told reporters.    10:12 AM January 6 committee to hear from Republican witnesses on Trump's baseless claims January 6 committee to hear from Republican witnesses on Trump's baseless claims 05:28 The House January 6 committee is holding its second televised public hearing for this month. The panel will focus on how former President Trump spread baseless claims of election fraud. CBS News congressional correspondent Scott MacFarlane joined "CBS News Mornings" with a preview.    9:30 AM Trump campaign manager will no longer appear, citing "family emergency"  Former Trump campaign manager Bill Stepien will no longer appear at Monday's hearing."Due to a family emergency, Mr. William Stepien is unable to testify before the Select Committee this morning.," the committee said in a statement. "His counsel will appear and make a statement on the record."   9:59 AM Committee aides say hearing will focus on the "Big Lie" Committee aides said Monday's hearing will focus on the "Big Lie," documenting how former President Donald Trump declared victory on election night despite being told he didn't have the numbers to win, and how he continued to embrace baseless claims of election fraud.   "We're going to hear testimony from government officials who were the ones who looked for the fraud, and about how the effort to uncover these baseless allegations bore no fruit," a committee aide said. "Simply, the fraud that they were looking for didn't exist and the former president was told that, again and again, claims were baseless, but he continued to repeat them anyway."Monday's hearing will first have the statement from Stepien's counsel and former Fox News political editor Chris Stirewalt, who was let go by Fox News shortly after the 2020 presidential election, during which his team correctly called Arizona for Joe Biden before other networks had. Then there will be a second panel that will consist of election attorney Benjamin Ginsberg, former U.S. attorney for the northern district of Georgia BJ Pak, who resigned effective Jan. 4, 2021, and former Philadelphia city commissioner Al Schmidt. Some of the witnesses are expected to provide testimony about the basic logistics of election litigation and how such action usually proceeds. A committee aide said the committee will also demonstrate that the Trump campaign aides used the election fraud claims to raise hundreds of millions of dollars between the election and Jan. 6th. And finally, the aide said, the committee will show that "some of those individuals responsible for the violence on the 6th echoed back those very same lies that the former president peddled in the run up to the insurrection."   9:01 AM On Day 1 of hearings, Capitol police officer described "carnage" and "chaos" of riot One of two witnesses to testify live during the prime-time hearing on Thursday was Capitol Police officer Caroline Edwards, who suffered a traumatic brain injury on Jan. 6. Edwards described seeing a "war scene" on Capitol Hill that day."It was something like I had seen out of the movies," Edwards said. "I could not believe my eyes. There were officers on the ground. They were bleeding. They were throwing up. I saw friends with blood all over their faces. I was slipping in people's blood. I was catching people as they fell. It was carnage. It was chaos." Watch her testimony in the video below. Capitol Police officer describes "carnage" and "chaos" during Jan 6. attack 13:07

House Jan. 6 committee zeroes in on Trump's false election claims in public hearing.

Register now for FREE unlimited access to Reuters.comSTOCKHOLM, June 13 (Reuters) - Sweden has take important steps to meet Turkey's demands for approving Stockholm's NATO membership application, NATO Secretary General Jens Stoltenberg said on Monday during a visit to Sweden.Sweden and Finland applied to join the alliance last month, in response to Russia's invasion of Ukraine. Their applications have faced unexpected opposition from Turkey, which has been angered by what it deems is Swedish support of Kurdish militants and by a previous decision to withdraw arms export licenses to Turkey."I welcome that Sweden has already started to change its counter-terrorism legislation and that Sweden will ensure that the legal framework for arms export will reflect the future status as a NATO member with new commitments to allies," Stoltenberg said during a press conference with Swedish Prime Minister Magdalena Andersson.Register now for FREE unlimited access to Reuters.comNATO Secretary General Jens Stoltenberg speaks at the opening of the Kultaranta Talks, hosted by Finnish President at the presidential summer residence Kultaranta in Naantali, Finland, June 12, 2022. Lehtikuva/Markku Ulander via REUTERS "These are two important steps to address concerns that Turkey has raised."Andersson said Sweden had changed its terrorism laws and was in the process of further tightening."From the first of July we will also have even stronger legislation when it comes to the fight against terrorism. So here there are no questions about how strongly Sweden sees (on) terrorism and that we are willing to contribute to the fight against terrorism," she said.Stoltenberg also said the aim was to have Sweden and Finland join NATO "as soon as possible" and that it was inconceivable that NATO allies would not come to Sweden's defence if it were attacked.Register now for FREE unlimited access to Reuters.comReporting by Johan Ahlander and Simon Johnson; Editing by Simon JohnsonOur Standards: The Thomson Reuters Trust Principles.

NATO chief says Sweden has taken "important steps" to meet Turkey's demands.

A mushroom cloud rises with ships below during Operation Crossroads nuclear weapons test on Bikini Atoll, Marshall Islands in this 1946 handout provided by the U.S. Library of Congress. REUTERS/U.S. Library of Congress/Handout via Reuters/File PhotoRegister now for FREE unlimited access to Reuters.comSTOCKHOLM, June 13 (Reuters) - The global nuclear arsenal is expected to grow in the coming years for the first time since the Cold War while the risk of such weapons being used is the greatest in decades, a leading conflict and armaments think-tank said on Monday.Russia's invasion of Ukraine and Western support for Kyiv has heightened tensions among the world's nine nuclear-armed states, the Stockholm International Peace Research Institute (SIPRI) think-tank said in a new set of research.While the number of nuclear weapons fell slightly between January 2021 and January 2022, SIPRI said that unless immediate action was taken by the nuclear powers, global inventories of warheads could soon begin rising for the first time in decades.Register now for FREE unlimited access to Reuters.com"All of the nuclear-armed states are increasing or upgrading their arsenals and most are sharpening nuclear rhetoric and the role nuclear weapons play in their military strategies," Wilfred Wan, Director of SIPRI's Weapons of Mass Destruction Programme, said in the think-tank's 2022 yearbook."This is a very worrying trend."Three days after Moscow's invasion of Ukraine, which the Kremlin calls a "special military operation", President Vladimir Putin put Russia's nuclear deterrent on high alert.He has also warned of consequences that would be "such as you have never seen in your entire history" for countries that stood in Russia's way. read more Russia has the world's biggest nuclear arsenal with a total of 5,977 warheads, some 550 more than the United States. The two countries possess more than 90% of the world's warheads, though SIPRI said China was in the middle of an expansion with an estimated more than 300 new missile silos.SIPRI said the global number of nuclear warheads fell to 12,705 in January 2022 from 13,080 in January 2021. An estimated 3,732 warheads were deployed with missiles and aircraft, and around 2,000 - nearly all belonging to Russia or the United States - were kept in a state of high readiness."Relations between the world's great powers have deteriorated further at a time when humanity and the planet face an array of profound and pressing common challenges that can only be addressed by international cooperation," SIPRI board chairman and former Swedish Prime Minister Stefan Lofven said.Register now for FREE unlimited access to Reuters.comReporting by Johan Ahlander; editing by Niklas Pollard and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.

Global nuclear arsenal to grow for first time since Cold War, think-tank says.

CBS Mornings June 13, 2022 / 10:29 AM / CBS News Wyoming abortion provider facing challenges Women's health care providers face new challenges in Wyoming ahead of Roe v. Wade decision 03:29 Casper, Wyo. — The Supreme Court's upcoming opinion on abortion rights will have far reaching consequences, especially across rural America, where abortion access is already sparse. Right now, there are six states with just one abortion provider. Oklahoma has none.In windswept and wide-open Wyoming, opposition to abortion rights is fervent -- but the need for care is no different than in other parts of the country. Abortion in this conservative, rugged state is currently legal up to viability (usually 24 weeks of pregnancy) -- but no providers here offer surgical abortions. Julie Burkhart, president of Wellspring Health Access, is trying to change that, just as the Supreme Court considers the fate of Roe v. Wade, the landmark 1973 decision that granted women the right to choose to have an abortion."Services have been lacking here," Burkhart told CBS News. Her group is behind the effort to open a women's health clinic in Casper, which would make it the only abortion provider for hundreds of miles. It was scheduled to open this week.But in late May, the clinic site became a crime scene. Police at the scene of an overnight fire that severely damaged a building  in Casper, Wyoming, on May 25, 2022. It was being renovated to house a new clinic that would provide abortions among its services. Mead Gruver / AP A fire ripped through the building, scalding its walls, singeing floorboards and setting back the opening date as much as six months -- long after the Supreme Court's pending decision."Do I want to be here talking about someone who committed an act of domestic terrorism in our building? Absolutely not," Burkhart said. "I wanted to be moving furniture in." Law enforcement is investigating the fire as a case of possible arson. Surveillance video released by the Casper Police Department shows someone carrying a gas can through the clinic's waiting area in the middle of the night. The federal Bureau of Alcohol, Tobacco, Firearms and Explosives is offering a $5000 reward for information that leads to an arrest. An apparent arsonist -- a masked, hooded woman -- is seen in image taken from May 25, 2022 surveillance video released by Casper, Wyoming police. She's in a clinic that was being renovated before its scheduled opening. It would offer abortions among its services. Casper, Wyoming police "I am not deterred, and neither are the other members of our team," Burkhart said defiantly.When it opens, the clinic will offer a range of women's health services, including abortions. That is, if they're still legal in Wyoming once Roe's fate is decided.Wyoming's Republican-dominated legislature and governor enacted a "trigger" law in March that would ban nearly all abortions if the Supreme Court overturns the longstanding precedent enshrined in Roe v. Wade. Wyoming's law makes exceptions for cases of sexual assault, incest and the physical health of the mother. Twelve other states have enacted so-called trigger bans.Opposition to the clinic in Casper is vocal, and on most Thursdays, demonstrators gather outside to protest."We've prayed that some way the Lord would prevent this place from opening. So if it happens to be vandalism and a fire, I'm good with that," Mike Pyatt, a self-described anti-abortion rights activist, said during a recent demonstration. Pyatt said he even called Burkhart to try to dissuade her from opening the clinic in Casper."Casper is a strong pro-life community, so don't expect open arms," he added.Wyoming's so-called "trigger ban," should it take effect, wouldn't shut down the clinic in Casper, but would still mean people like 24 year-old Hannah, whose identity is being withheld due to concerns for her safety, would have to seek abortions out of state.Hannah told CBS News her pregnancy earlier this year worsened her already-complicated health issues. And she feared it could even kill her."It was pretty much a death sentence," she said. "I was withering away. I was completely – I was a wreck of a human being. If it would have been an option to carry it to term, I would have."So in February, she drove seven hours from her home in Gillette, Wyoming, to a Planned Parenthood in Montana, nearly 500 miles away."Any woman, any uterus holder who's had to have an abortion, does not think it's the easy choice. It's never the easy choice," Hannah said. She also chafes at the link between religious doctrine and abortion rights."My abortion does not affect my conversation with God. I will always have a very, very strong conversation with my God," Hannah said.The clinic in Casper will be about two hours from Hannah's home. In: Abortion Wyoming Thanks for reading CBS NEWS. Create your free account or log in for more features. Please enter email address to continue Please enter valid email address to continue

In Wyoming, dueling winds over abortion as Roe v. Wade hangs in balance.

The U.S. Securities and Exchange Commission headquarters in Washington on Feb. 23, 2022.Al Drago/Bloomberg via Getty ImagesCharles Schwab agreed to pay $187 million to settle an SEC investigation into alleged hidden fees charged by the firm's robo-advisor, Schwab Intelligent Portfolios, according to an agency announcement on Monday."Robo-advisor" is shorthand for a digital investment service that uses algorithms to judge how to allocate individuals' money among asset classes such as stocks, bonds and cash.  From March 2015 through November 2018, Schwab didn't disclose to clients that its robo-advisor allocated funds "in a manner that their own internal analyses showed would be less profitable for their clients under most market conditions," the SEC claimed.More from Personal Finance:401(k) savers will see a 'wake-up call' in their next statementWhat to know before you start investingThis rule of thumb shows how inflation impacts your savingsAs part of the settlement, three Schwab subsidiaries — Charles Schwab & Co., Charles Schwab Investment Advisory and Schwab Wealth Investment Advisory — agreed to pay a $135 million civil penalty and another $52 million in disgorgement and interest to affected clients.In a statement issued Monday, Schwab neither admitted nor denied the allegations and said the firm is "pleased to put this behind us.""We believe resolving the matter in this way is in the best interests of our clients, company and stockholders as it allows us to remain focused on helping our clients invest for the future," according to the statement. "As always, we are committed to earning our clients' trust every day and work diligently to maintain the highest standards for professional conduct throughout our organization."Cash dragRobo-advisors are getting more popular. They began appearing around 2008, during the advent of the iPhone and an ascendant digital culture. They may soon hold more than $1 trillion of Americans' wealth.The dynamic outlined by the SEC was due to an undisclosed "cash drag" on Schwab client portfolios, the agency said.Cash generally yields lower returns than stocks, for example, during periods of low interest rates and a rising stock market, as was the directional trend over 2015-2018.Schwab advertised that clients' cash allocations were determined by strict portfolio methodology that sought optimal returns, according to the SEC. But the firm's data showed that the cash allocations would lead clients to make less money for the same amount of risk in most circumstances, the SEC said.The firm profited by sweeping cash to an affiliate bank, loaning the money and pocketing the difference between the loan interest it received and the cash interest it paid to robo-adviser clients, according to the SEC."Schwab's conduct was egregious, and today's action sends a clear message to advisers that they need to be transparent with clients about hidden fees and how such fees affect clients' returns," Gurbir S. Grewal, director of the SEC's enforcement division, said Monday.However, Schwab highlighted that its Schwab Intelligent Portfolios Service lets investors elect not to pay an advisory fee in exchange for allowing the firm to hold some proceeds in cash.The firm said it "[does] not hide the fact that our firm generates revenue for the services we provide" and thinks cash is a "key component of any sound investment strategy through different market cycles."

Charles Schwab to pay $187 million to settle SEC charges that it misled robo-advisor clients on fees.