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Source: Fox News

Troops at US nuclear facility convicted for using LSD, other mind-altering drugs

Today 10:57 GMT

A group of U.S. service members entrusted with guarding nuclear missiles at a highly secure military base in Wyoming allegedly bought, distributed and used LSD and other mind-altering illegal drugs as part of a ring that operated undetected for months.

C. Rhodes Berry, had argued Harris should be locked up for 42 months, including nine months for the "aggravating circumstance" of undercutting public trust by using hallucinogens and other drugs on a nuclear weapons base. As the alleged ringleader, Harris laid out several "rules" for LSD use at a gathering of several airmen in a Cheyenne apartment in late 2015 that was recorded on video.

Source: Global News

Rachel Dolezal, who claimed she was black, charged with welfare fraud

Today 20:04 GMT

Rachel Dolezal, who legally changed her name to Nkechi Diallo in 2016, was charged this week with theft by welfare fraud, perjury and false verification for public assistance, Spokane news station KHQ-TV reported Thursday.

Rachel Dolezal talks about life ‘as a black woman’ in memoir ‘In Full Color’. Diallo did report a “change of circumstance” to the state agency, saying she did a one-time job in October 2017 worth $20,000, court documents said. The former civil rights activist told investigators she “fully disclosed her information” and declined to answer further questions, the documents said.

Source: The Guradian

James Bond: Danny Boyle and Daniel Craig confirmed for 007's 25th outing

Today 20:03 GMT

“We are delighted to announce that the exceptionally talented Danny Boyle will be directing Daniel Craig in his fifth outing as James Bond in the 25th instalment of the franchise,” said EON Productions’ Michael G Wilson and Barbara Broccoli, the custodians of the Bond movies, in a statement on Friday. “We will begin shooting Bond 25 at Pinewood Studios in December with our partners at MGM and are thrilled that Universal will be our international distributor.”

Source: Common Domain

Trump Today: President says North Korea summit could still be June 12 as talks continue

Today 20:05 GMT

President Donald Trump said a rescheduled summit with North Korea is possible as talks with the U.S. continue, as he spoke to the U.S. Naval Academy graduation and said he wasn’t familiar with the case of filmmaker Harvey Weinstein.

This column provides a daily update on key presidential actions as well as comments, whether spoken aloud or on Twitter, by President Trump. Like the stock market, the deadline for Trump Today action is 4 p.m. Eastern Time, even as we acknowledge that substantive news can and does occur after hours.

Source: Common Domain

U.S. Existing Home Sales Fell in April

Today 20:03 GMT

Thus far the critical spring selling season—when some 40% of U.S. home sales occur each year—is off to a slow start despite a robust economy.

Existing-home sales fell 2.5% in April from the prior month to a seasonally adjusted annual rate of 5.46 million, the National Association of Realtors said Thursday. Compared with a year earlier, sales in April were down 1.4%—the second consecutive month sales declined on an annual basis.

Source: Common Domain

Historic Culross House Hits London Market for £32.5 Million

Today 20:04 GMT

Culross House, named for the street it’s on, hit the London market on Tuesday for £32.5 million (US$43.3 million), making it one of the priciest houses on offer in the tony neighborhood and in London overall.

High-end property developers K10 group, which led the project to renovate the historic London home of prima ballerina Margot Fonteyn, configured Culross House with six bedrooms and six bathrooms, in all.

Source: Common Domain

Fed’s Powell Says Central Banks Can’t Take Independence for Granted

Today 20:04 GMT

An erosion of public trust in institutions could threaten the independence of central banks and requires greater transparency and accountability from policy makers following the 2008 financial crisis, Fed Chairman Jerome Powell said Friday.

Mr. Powell said while central bank independence has often applied narrowly to monetary policy, research suggests that giving central banks a “degree of independence” in regulatory and financial stability matters also has led to better outcomes.

Source: DW

Netflix surpasses Disney as world's most valuable media company

Today 19:08 GMT

Streaming giant Netflix temporarily became the world's most valuable media company on Thursday after its stock market value topped rival Disney.

Read more: The Obamas' exclusive Netflix deal part of an all-conquering streaming strategy. Over the past year, Netflix's stock has increased 80 percent — more than any other company in the S&P 500 — while Disney's shares are down 5 percent. Send Facebook Twitter google+ Whatsapp Tumblr linkedin stumble Digg reddit Newsvine. The divergent fortunes of the world's two biggest media companies have come amid major changes in the entertainment industry as consumers opt more and more for online streaming services over traditional ways of watching films and television.

Source: Common Domain

Still looking for the best place to retire This might be perfect for you

Today 20:03 GMT

Today’s retirees are wealthier compared with past generations, so there is less pressure for them to find the cheapest place to live and, once retired, they have the time and money to enjoy the amenities of their hometown, Fellowes says.

“We have renovated our house over the years, it’s very comfortable for us...and our kids and nine grandchildren are close by.” Even though they spend a month in Florida each year, Fitzgibbons and her husband don’t imagine they’ll move there permanently.

Source: Common Domain

Bitcoin extends slump, on track for third consecutive weekly loss

Today 20:04 GMT

Having opened Monday above $8,500, the worlds No. 1 digital currency is on track to lose 10% this week and record it’s third consecutive weekly drop, a dubious feat that it hasn’t managed since September 2017.

Read: Opinion: This is all it would take for bitcoin to become a worthless cryptocurrency. As the price of bitcoin continues to slide, some participants are looking to the miners to save the day.

Source: Common Domain

Starbucks: Looking Beyond Near-Term Questions

Today 20:04 GMT

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“We expect the Nestlé deal to result in an acceleration in the rollout of Starbucks packaged and single-serve in both Europe and the Asia Pacific, where Starbucks currently has a very limited share and Nestlé has a dominant position,” they wrote. • The analysts maintained a “neutral” rating and $58 price target, right around current levels, on Starbucks (SBUX) shares, which have roughly tracked the S&P 500 in 2018.

Source: Common Domain

In Auto Tariffs, a High-Stakes Game of Chicken

Today 20:04 GMT

The industry’s response to another U.S. president’s tariffs more than 50 years ago offers some clues to how auto makers might switch course in response to a protectionist challenge.

Labor costs at American auto factories are increasingly flexible amid an influx of nonunion assembly and components workers in the South, and renegotiation of the Detroit auto maker contracts with the UAW a decade ago.

Source: Reuters

Breakingviews - OPEC supply easing is more reset than U-turn

Today 20:04 GMT

For the past year-and-a-half, the Organization of the Petroleum Exporting Countries and producers like Russia have diligently stuck to agreed oil supply cuts.

The combination of their cuts and steady demand has reduced the supply glut in developed markets to normal levels, and pushed oil prices close to $80 a barrel. Lower costs due to the recent depreciation of the rouble will help state-owned Russian group Rosneft make money hand over fist.

Source: Common Domain

Markets Soothed by North Korean Response to Canceled Summit

Today 20:03 GMT

Stock investors recovered some risk appetite Friday after North Korea offered a measured response to the U.S. canceling a landmark summit.

Equity markets around the world had closed broadly down Thursday after President Donald Trump called off a much-awaited summit between Washington and Pyongyang citing “open hostility” from North Korea, just as the Commerce Department said the U.S. administration was considering new tariffs on vehicles and auto-parts imports. But North Korea’s response was softer than many analysts were expecting, with officials saying in a statement they remained willing “to sit down face-to-face with the U.S. and resolve issues anytime and in any format.”

Source: Common Domain

Congressional Budget Office’s Long-Term Deficit Forecast Dwarfs White House Estimate

Today 20:03 GMT

The Congressional Budget Office estimates the government will take in $1.9 trillion less in revenue and spend $300 billion more over the next decade than the White House estimated under its latest budget proposal if the plan were enacted.

According to the CBO’s estimate of the President’s Budget, the federal deficit would narrow from 3.9% of gross domestic product in the 2018 fiscal year to 3.6% of GDP in 2028.

Source: The Guradian

Saudi Arabia: women's rights activists arrested before lifting of driving ban

Saturday 19:06 GMT
Source: Washington Post

Preakness Stakes 2018: Everything you need to know

Saturday 19:06 GMT
Source: Common Domain

Greece Steps Closer to Completing Bailout Review

Sunday 17:16 GMT
Source: The Guradian

Simon Yates increases Giro d’Italia lead with stunning stage 15 victory

Sunday 17:16 GMT
Source: New York Times

Behind New York’s Housing Crisis: Weakened Laws and Fragmented Regulation

Sunday 17:16 GMT
Source: Common Domain

Justify Wins Muddy, Foggy Preakness Stakes

Sunday 20:02 GMT
Source: New York Times

A Trinity of Opinions on the Met’s ‘Heavenly Bodies’

Sunday 22:46 GMT
Source: Global News

Meghan Markle’s wedding dress may have been a ripoff

Today 20:04 GMT
Source: Common Domain

S&P Global Moves to Start Ratings Business in China

Today 01:33 GMT
Source: NBC News

J Balvin drops new album 'Vibras,' redefines how Latin artists crossover to the U.S. music scene

Today 20:04 GMT
Source: Reuters

China scolds U.S. for withdrawing invite to naval drills

Today 09:59 GMT
Source: Common Domain

| Al Jazeera Media Network

Today 05:13 GMT
Source: NBC News

Trump lawyer Cohen met Russian oligarch at Trump Tower, source says

Today 20:05 GMT
Source: New York Times

Oil Prices Reverse Their Rise, and Drivers May See Relief

Today 20:05 GMT

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte