Wednesday, June 22, 2016

#USA - Michigan AG Sues 2 Companies Over Flint Water: Associated Press

Published on 22 Jun 2016
Michigan’s attorney general is suing two companies, blaming them for Flint’s lead-tainted water crisis (June 22)

#USA - Feds Charge 300 in Health Care Fraud Sweeps: Associated Press

Published on 22 Jun 2016
Attorney General Loretta Lynch says health care fraud sweeps across the country have led to charges against 300 people including doctors, nurses, physical therapists and home health care providers accused of bilking Medicare and Medicaid. (June 22)

Use Artificial intelligence To Find Love: CNBC

Published on 22 Jun 2016
A new dating app is using AI and curation in the hopes of finding singles love. But if it wants to succeed, it will have tough competition against the likes of Match.com and Tinder. CNBC's Phil Han reports.

https://itunes.apple.com/gb/app/quinn/id972051096?mt=8

#USA - Clinton taking on tax reform for business? Fox Business

Published on 22 Jun 2016
32 Advisors CEO Robert Wolf and former NYSE CEO Dick Grasso on Hillary Clinton's economic plan.

New Preferred ETF Offers Yield, Safety & Real Estate: TheStreet

Published on 22 Jun 2016
The current low-yield, high-volatility market is making preferred stocks all-the-more attractive, said Ben Fulton, CEO of Elkhorn Investments. Fulton launched the Elkhorn S&P High Quality Preferred ETF last month. The EPRF is based on the S&P U.S. High Quality Preferred Stock Index, which selects fixed-rate investment grade preferred issues (BBB- or higher) from U.S. listed preferred stocks and maintains an allocation of 75% to cumulative preferreds. 'This is a way for people to take risk off in a preferred portfolio,' said Fulton. 'There was no investment grade only preferred exposure in the ETF space so we are delighted to bring this.' In general, preferred stock is a class of equity security that pays a specified dividend that must be paid before any dividends can be paid to common stockholders, and which takes precedence over common stock in the event of the company's liquidation. Although preferred stocks represent a partial ownership interest in a company, preferred stocks generally do not carry voting rights and have economic characteristics similar to fixed-income securities. Preferred stocks generally are issued with a fixed par value and pay dividends based on a percentage of that par value at a fixed or variable rate. Additionally, preferred stocks often have a liquidation value that generally equals the original purchase price of the preferred stock at the date of issuance. 'We have not distributed yet, but we are anticipating a 5.5% to 6% type of yield,' said Fulton. Unlike most preferred stock funds which hold predominantly bank issues, the EPRF has a very large REIT allocation, holding preferreds from the likes of Kimco , Boston Properties and Public Storage . 'REITs have a very good history of paying because they want to come back to the market,' said Fulton. 'They have to pay back the preferred holders both past dividends and future. That's why they tend to have a higher credit rating in the marketplace.'

Europe Urges the U.K. to Stay in the EU: Wall Street Journal

Published on 22 Jun 2016
Landmarks in European cities and newspapers showed their support for the U.K.'s 'Remain' campaign ahead of its referendum Thursday on membership of the European Union. Photo: European Union

Container Vessel COSCO Shipping Panama Departs Greece to Make History in Panama: LIVE VIDEO OF PANAMA CANAL

Published on 20 Jun 2016
The container vessel COSCO Shipping Panama set sail from the Greek Port of Piraeus today on its way to Panama to make history. The Neopanamax vessel will make the inaugural transit of the Expanded Panama Canal on Sunday, June 26, after a 14-day journey.

Panama Canal Administrator Jorge L. Quijano met with COSCO Shipping Panama's Captain Jude Rodrigues and crew members prior to the ship's departure.

For more information: http://www.canalampliado.com

Panama Canal expansion project - Wikipedia, the free encyclopedia

https://en.wikipedia.org/wiki/Panama_Canal_expansion_project
Jump to Construction timeline - The construction of the third set of locks project was originally slated to take seven or eight years, with the new locks ...

#USA - ‘He Didn’t Do It For Terrorism’ Man Claiming To Be Orlando Attacker’s Lover Comes Forward: GodIsEveryWhere

Published on 21 Jun 2016
‘He Didn’t Do It For Terrorism’ — Man Claiming To Be Orlando Attacker’s Lover Comes Forward

A man claiming to be the lover of the murderer in the Orlando terrorist attack gave an interview to Univision published Tuesday, in which he says that the killer was motivated by a personal vendetta to seek revenge against the gay Latino community.

“The thing that makes me want to tell the truth is that he didn’t do it for terrorism. In my opinion he did it for revenge,” a man who asked to be referred to as “Miguel” told Univision Noticias anchor Maria Elena Salinas. Miguel appeared in the interview wearing a disguise.

A report from Fox News on the news of Miguel’s interview.

Miguel described the killer, Omar Mateen, as having been wracked with self-loathing about his sexual orientation, resentment against gay Latinos, and an alcohol problem. He said that he and Mateen met on the gay dating app Grindr the year before and described the two-month-long relationship as one of “friends with benefits.” It ended in December, when Miguel moved away from Orlando. He said Mateen enjoyed being cuddled and described him as “affectionate” and “sweet.”

Following an assignation with two Puerto Rican men, one of them revealed to Mateen after the fact that he was HIV positive and Mateen became incensed, Miguel said. “He was terrified that he was infected,” Miguel said. “I asked him, ‘Did you do a test?’ Yes. He went to the pharmacy and did the test … it came out negative but it doesn’t come out right away. It takes four, five months.”

“‘I’m going to make them pay for what they did to me,'” Miguel recalled Mateen telling him.

“He adored Latinos, gay Latinos, with brown skin – but he felt rejected. He felt used by them – there were moments in the Pulse nightclub that made him feel really bad. Guys used him. That really affected him,” Miguel said. “I believe this crazy horrible thing he did – that was revenge.”

The FBI confirmed to Univision that they had met with Miguel, and Miguel claimed that he had been interviewed by agents in-person three times.