The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: CoreLogic Announces Keynotes for RiskSummit Next: Fannie Mae Eliminates Restructured Loan Policy Share Save The Best Markets For Residential Property Investors 2 days ago July 5, 2016 1,047 Views Servicers Navigate the Post-Pandemic World 2 days ago Banks Earnings Profits 2016-07-05 Brian Honea About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Print This Post Tagged with: Banks Earnings Profits in Daily Dose, Featured, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles For the most part, the largest U.S. bank holding companies suffered through a dismal first quarter, as the profits of nearly every one of them took a hit compared with the first quarter of 2015.For example, Goldman Sachs and Morgan Stanley each saw their profits decline by more than 50 percent from Q1 2015 to Q1 2016. Citi’s net income dropped over-the-year from $4.8 billion to $3.5 billion in Q1, and Bank of America’s dropped by 13 percent down to $2.7 billion. Wells Fargo and JPMorgan Chase also reported over-the-year earnings declines for Q1.In slightly more than a week, the mortgage industry will find out if the banks were able to bounce back in Q2, starting with the release of JPMorgan Chase’s second quarter earnings statement on the morning of Thursday, July 14. The following day, Friday, July 15, the Q2 earnings statements of four financial institutions will be released: Wells Fargo, U.S. Bank, PNC, and Citi.Bank of America and Morgan Stanley will follow with their respective Q2 earnings statements on Monday, July 18, and Goldman Sachs will release theirs on Tuesday, July 19.The banks may be in a good position to increase profitability for Q2. The nation’s 33 largest bank holding companies all showed improved capital levels in the recent stress tests conducted by the Fed. According to the Fed, the 33 banks had added a combined total of more than $700 billion in common equity capital. The 33 bank holding companies tested, which hold more than 80 percent of domestic banking assets, showed they would take losses of about $385 billion when tested for their ability to lend in a hypothetical severe economic scenario.The Fed then announced on June 29 that it did not reject the capital plans for all bank holding companies except for Santander and Deutsche Bank. The Fed did not reject Morgan Stanley’s capital plan, but did ask the investment banking firm to resubmit its plan after correcting some deficiencies in the plan found by the central bank.The earnings statements for non-bank mortgage servicers such as Ocwen Financial, Nationstar Mortgage, and Walter Investment typically follow a week or two after the bank holding companies release their statements. All three posted net losses of more than $100 billion in Q1; the only one of the three that was profitable for the full year of 2015 was Nationstar.Q2 earnings scheduleThursday, July 14: JPMorgan ChaseFriday, July 15: Citi, PNC, U.S. Bank, Wells FargoMonday, July 18: Bank of America, Morgan StanleyTuesday, July 19: Goldman Sachs Home / Daily Dose / Banks Bracing for Q2 Earnings Releases Servicers Navigate the Post-Pandemic World 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Banks Bracing for Q2 Earnings Releases Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe
Kuzma/iStock(MONTGOMERY, Ala.) — The son of civil rights icon Martin Luther King Jr. has joined a chorus of calls to halt the execution of a man convicted of capital murder in the 2004 killings of three Alabama police officers, echoing his father in a letter to the state’s governor that “injustice anywhere is a threat to justice everywhere.”Death row inmate Nathaniel Woods, 44, is scheduled to die on Thursday by lethal injection at the William C. Holman Correctional Facility in Atmore, Ala., despite the contention that he was not the one who shot the officers and that he received inadequate representation during his 2005 trial.“I stand with hundreds of thousands of Americans across Alabama and the nation, pleading with you not to execute Nathaniel Woods,” Martin Luther King III wrote in a letter sent on Tuesday to Alabama Gov. Kay Ivey, a Republican.Ivey, who has been Alabama’s governor since 2017, has yet to release a statement on Woods’ case, the governor’s press secretary Gina Maiola told ABC News on Tuesday. In his letter, King noted that Ivey has refused to meet with him or even speak to him on the phone about the case.“In just 2 days, your state, and the state I was born in, is set to kill a man who is very likely innocent,” King wrote.King’s letter to Ivey comes after nearly 70,000 people signed a petition on the website Change.org to stop the execution of Woods, who would become the first person executed in Alabama this year and the 67th since the state reinstated the death penalty in 1976.“Killing this African American man, whose case appears to have been strongly mishandled by the courts, could produce an irreversible injustice,” King wrote in his letter to Ivey. “Are you willing to allow a potentially innocent man to be executed?”On June 17, 2004, Birmingham police officers Carlos Owen, Harley Chisholm III and Charles Bennett were shot to death while executing a misdemeanor assault warrant for Woods at a suspected crack house in Birmingham.Woods’ alleged accomplice in the killings, Kerry Spencer, confessed to being the sole gunman who killed the officers with a high-powered weapon, but separate juries convicted both men of four capital murder charges, including killing the officers in the course of committing another crime.During both trials, prosecutors presented the jury the theory that Woods and Spencer acted in tandem to lure the officers into the apartment to kill them.A jury convicted Woods in December 2005, and in a nonunanimous verdict of 10-2 recommended a sentence of death. Spencer was also sentenced to death and is awaiting execution.Woods appealed his conviction, arguing his lawyer gave him inadequate representation by misinforming him that he could not be convicted of capital murder as an accomplice and convincing him to reject a plea deal prosecutors offered him of 20 to 25 years in prison, according to court records.Woods’ appeal was denied by the Alabama Supreme Court and the U.S. Supreme Court.In his letter to Ivey, King stated that Woods “has never had a fair trial” and has not gotten the opportunity to present new evidence since his conviction bolstering his claim that Spencer acted alone and that there was never a plan to lure the officers into an ambush.“So before you allow the execution of Nathaniel Woods, I urge you to grant him a reprieve. We must have time to accurately review the new evidence. With all the concerns expressed by the public, this case requires the highest level of scrutiny possible,” King wrote. “In closing, my father said, ‘injustice anywhere is a threat to justice everywhere,’ and so I pray that God grants you the courage to do the right thing: to delay his execution.”Copyright © 2020, ABC Audio. All rights reserved.
reddees/iStockBy BILL HUTCHINSON, ABC News(MINNEAPOLIS) — In an ongoing effort to improve police accountability and transparency in the aftermath of George Floyd’s death, the mayor and police chief of Minneapolis announced a new policy that will require officers to keep body cameras on at all times during most calls, even when having casual conversations at crime scenes with colleagues.The change in the Minneapolis Police Department’s body camera protocols is the latest in a series of police reforms in Minnesota’s largest city since the death of Floyd, a 46-year-old Black man, at the hands of police officers in May. His death prompted nationwide protests and cast scrutiny on law enforcement practices critics say needed to be overhauled.“Strengthening accountability and increasing transparency have been cornerstones of our community safety work,” Minneapolis Mayor Jacob Frey said in a statement announcing the new policy. “This update helps leadership provide a more complete and accurate picture during and after incidents, and puts officers in a better position to hold each other accountable.”Frey and Police Chief Medaria Arradondo said the new policy will take effect on Thursday.“We’ve seen as a community and as a police force, body camera footage increasingly plays a crucial role in understanding critical events in our community,” Arradondo said in a statement. “Accountability is not achieved with any single solution, but changes like this move us toward an even more transparent approach to public safety and building trust with the communities we serve.”While the four officers involved in Floyd’s death, who have all been fired and criminally charged, had their body cameras on while attempting to take him into custody, the policy change was partly prompted by other high-profile incidents where officers inexplicably turned off their cameras during crucial moments at incidents.Minneapolis police officers came under criticism for switching on and off their body-camera during the 2017 police shooting of Justine Ruszczyk Damond, who was killed after calling 911 to report a possible sexual assault in an alley behind her home. Former Minneapolis officer Mohamed Noor was convicted in 2019 of third-degree murder and manslaughter in Damond’s death.During Noor’s trial, prosecutors questioned why several police officers intermittently turned off their cameras while at the crime scene and suggested they were attempting to conceal discussions on how to handle the incident.A 2017 audit conducted by the city of Minneapolis found that officers, who were first issued body cameras in 2016, were turning on the recording devices 65% of the time when responding to calls.The audit prompted Minneapolis police officials to require officers to activate their body cameras while responding to 911 calls, initiating traffic stops and during interactions with the public.The new policy announced Monday will require officers to keep their cameras on at all times during most calls with certain exceptions, including interviewing sexual assault victims.The change comes on the heels of other policy reforms the Minneapolis Police Department has made since Floyd’s death, in which one officer, Derek Chauvin, was captured a citizen’s cellphone video kneeling on the back of Floyd’s neck for an extended period of time. Chauvin has been charged with second-degree murder and second-degree manslaughter in Floyd’s death. He has yet to enter a plea to the charges.Three other former officers involved in Floyd’s death — Kiernan Lane, Alexander Kueng and Tou Thao — were charged with second-degree aiding and abetting felony murder and second-degree aiding and abetting manslaughter. None of the defendants have entered a plea.The police department has also overhauled its use of force policy, outlawing chokeholds and neck restraints and requiring officers to intervene when witnessing colleagues using unauthorized force.Copyright © 2021, ABC Audio. All rights reserved.
WATCH US LIVE SUBSCRIBE TO US Associated Press Television News COMMENT FOLLOW US José Iglesias and Bryan Holaday had RBI doubles in the 11th inning for Baltimore, and Iglesias threw out the potential tying run at home plate as the Orioles salvaged a 4-3 win against the Toronto Blue Jays to break a five-game losing streak.Iglesias’ leadoff hit, to deep left-center field, scored Anthony Santander, who started the inning at second base. Holaday then doubled to right field to drive in Iglesias. Both hits came off Toronto reliever Anthony Bass (2-2).Lourdes Gurriel Jr. had an RBI single in the 11th to draw Toronto closer but was thrown out at the plate trying to score on a Rowdy Tellez hit. Right fielder Santander missed the cutoff man, but Iglesias ranged over from his shortstop position to deliver the relay from near the right field line.Iglesias and Santander each had two hits for Baltimore, and César Valdez (1-1) worked two innings to earn the win.Toronto’s Teoscar Hernández threw out Mason Williams at home plate in the 10th inning to complete a double play, but the Blue Jays couldn’t capitalize in their half of the frame.Gurriel had three hits for Toronto, which had its four-game winning streak snapped.Toronto scored twice in the fifth inning when Baltimore’s Hanser Alberto threw wildly on a grounder to take a 2-1 lead. Baltimore tied it in the sixth on an RBI double by Santander.Gurriel was thrown out by Alberto at home in the sixth while trying to score on a grounder. Gurriel had stolen third, somehow avoiding the tag of Rio Ruiz even though the throw beat him by several feet.Toronto starter Chase Anderson recorded eight strikeouts in five innings.Baltimore’s Keegan Akin struck out six batters over 4 1/3 innings in his first career start.PLAYOFF PUSHThe Blue Jays, looking to qualify for the expanded postseason, made three deals at the trading deadline, obtaining LHP Robbie Ray from Arizona, INF Jonathan Villar from Miami, and RHP Ross Stripling from the Los Angeles Dodgers.Ray is 1-4 this season with a 7.84 ERA, and has a career record of 48-50 with a 4.25 ERA. He is expected to shore up a rotation which has hasn’t had a starter go into the seventh inning since Aug. 22, 2019, a streak span that reached 65 games Monday. Toronto also receives cash in exchange for LHP Travis Bergen.Villar, a switch-hitter, is batting .272 this season with two homers. He hit a career-high 24 homers last year with Baltimore and was picked up for a player to be named later.Stripling, 3-1 in seven starts this season, was acquired for two players to be named.The Orioles, meanwhile, acquired minor league RHP Kevin Smith for RHP Miguel Castro, who led Baltimore with 16 appearances out of the bullpen.CHANGING OF THE GUARDCole Sulser, who lost twice over the weekend to Toronto on come-from behind, walk-off hits, will be given a break from his role as Baltimore’s closer, Orioles manager Brandon Hyde said.“We talked today about giving him a couple of breather outings, with a little bit lower intensity, try to get his confidence back,” Hyde said. “I still believe in the stuff, the maturity and his makeup. It’s good to give him a little bit of a reset.”Sulser, who leads Baltimore with five saves, surrendered a game-ending homer on Friday, then issued three walks and a two-run single on Sunday.TRAINER’S ROOMOrioles: No updates were given regarding the three players on the 10-day injury list: RHP Shawn Armstrong (left SI joint inflammation), INF Chris Davis (left knee patellar tendinitis), and OF Austin Hays (non-displaced rib fracture).Blue Jays: SS Bo Bichette (sprained knee) was limited to working out after resuming baseball activities over the weekend. … RHP Ken Giles (forearm strain) is scheduled to pitch live batting practice on Tuesday. … RHP Nate Pearson (elbow tightness) took a day off from playing catch. … RHP Matt Shoemaker (shoulder inflammation) played catch … RHP Trent Thornton (elbow inflammation) was to visit with Dr. James Andrews on Monday. … RHP Jordan Romano (sprained middle finger) will go to Toronto’s training site in Rochester, N.Y. while the Blue Jays go on the road.UP NEXTOrioles: No starter was named for Tuesday’s first game of a two-game series against the Mets.Blue Jays: While no starter has been confirmed for Tuesday’s opener at Miami, Julian Merryweather (0-0, 0.00 ERA) was considered a “possibility” if he wasn’t needed against Baltimore, pitching coach Pete Walker said. Merryweather worked two innings in a spot start in his last appearance against Boston last Tuesday.(Image Credit: AP) Written By Last Updated: 1st September, 2020 06:46 IST Iglesias’ Hit, Throw Help Orioles To 4-3 Win Over Blue Jays José Iglesias and Bryan Holaday had RBI doubles in the 11th inning for Baltimore, and Iglesias threw out the potential tying run at home plate as the Orioles salvaged a 4-3 win against the Toronto Blue Jays to break a five-game losing streak. First Published: 1st September, 2020 06:45 IST LIVE TV
The good news for Kelenna Azubuike is that he has ditched his studio gig for a plum job as an in-game analyst for Warriors telecasts on NBC Sports Bay Area (NBCSBA).The bad news? He might be subjected to a lot of wretched basketball for a while.Azubuike on Sunday made his regular-season debut alongside veteran play-by-play man Bob Fitzgerald in Oklahoma City and, unfortunately, didn’t have much to work with. For the second straight game, the Warriors fell way behind from the get-go and wound …
Confident speculations that a big meteor hitting southern Mexico caused the mass extinction of the dinosaurs appear to be unraveling. Gerta Keller [Princeton, 09/25/2003], a doubter of the story that has been a leading contender for years with its smoking-gun crater called Chicxulub in the Yucatan, has been getting a receptive hearing among geologists with her claim that the impact was too early, reports Science Daily: “The Chicxulub impact could not have caused the mass extinction,” she is telling a meeting of the Geological Society of America, “because this impact predates the mass extinction and apparently didn’t cause any extinctions.” If a later impact was responsible, its crater has not been found. Keller believes a combination of factors – multiple impacts, and global warming due to massive volcanic outbursts – was involved. Another competing explanation won’t be quite as photogenic for animators. A Reuters story (see MSNBC) proposes that gut worms brought the mighty beasts down.This upset is just the next episode in a long line of speculations about what happened to the dinosaurs. They thought they finally had it nailed with the big crater in Mexico. Now that the impact theory is coming under fire, it’s going to be a hard sell with these new scenarios. Why didn’t the worms afflict the mammals and birds that came through the extinction unscathed? Why didn’t global warming and volcanism have the same effect on all animal groups? Dinosaurs, remember, inhabited almost every longitude and latitude on the globe, and were successfully adaptive in a wide variety of climes. If they perished in a world-wide flood, however, and the remaining stock were hunted to extinction as pests by humans, this would fit the evidence. The flood was accompanied by volcanism and, maybe, triggered by meteor impacts. If this sounds too radical, it’s no more radical than finding soft tissue inside the bones of a T. rex (02/22/2006). Evolutionists haven’t been able to hold onto an explanation that fits the evidence any better. The Science Daily article ended,What the microfossils are saying is that Chicxulub probably aided the demise of the dinosaurs, but so did Deccan trap volcanism’s greenhouse warming effect and finally a second huge impact that finished them off. So where’s the crater? “I wish I knew,” said Keller. “There is some evidence that it may have hit in India, where a crater of about 500 kilometers in diameter is estimated and named Shiva by paleontologist Sankar Chatterjee from the Museum of Texas Tech University in Lubbock. The evidence for it, however, is not very compelling at this time.”The confusion about the role of meteors and extinctions is rippling into other news reports. The Times Online printed a story speculating that a meteor hitting the Irish Sea upset the ecology and gave T. rex the edge. On the other hand, USC scientists are abandoning the meteor for the earlier Permian extinction, according to EurekAlert. David Bottjer and Matthew Clapham point to evidence the animals were in decline long before the extinction. Instead of picturing a sudden, meteoric event, they are simply claiming “the earth got sick.” Microfossils don’t talk. But we have a record that does talk. The Biblical flood account works. Only stubborn naturalistic philosophy and uniformitarian assumptions prevent it from being considered seriously. For a detailed analysis by a scientist who does take it seriously, search Walt Brown’s site for the sections on dinosaurs. A retired high school biology teacher responds: “Regarding the theory that it was intestinal parasites that killed the dinosaurs and your question as to why other animals were not affected–it is a strong case against global worming.” This proves that the CEH pun bug is infectious: beware!(Visited 20 times, 1 visits today)FacebookTwitterPinterestSave分享0
Categories: Local San Diego News, Traffic & Accidents FacebookTwitter March 5, 2019 Posted: March 5, 2019 Sasha Foo Police search for husband of City Heights woman as “person of interest” 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – San Diego police are still looking for leads in the killing of a City Heights woman.On Monday, 36 year old Muna Kuri was found dead in the apartment she shared with her husband. Detectives said her husband is wanted for questioning.Kuri’s body was found by a younger sister on Monday morning, after Muna failed to answer their phone calls the day before.Born in Somalia, Kuri and her family immigrated to United States from Kenya in 2000. She was one of nine sisters. Amiina Salad said her older sister Muna was “funny, loud, and she forgives a lot.”Police said they are investigating Kuri’s death as a homicide and they described her husband, 45 year old Abdiaziz Kerow as a “person of interest.” Police said they have not been able to locate him for questioning.Salad said she would ask her sister’s husband to stop “being a coward.” “Stand in front of us, all of her sisters and you know, that ego you talk about, come show it. Come show us that you killed Tota (Muna’s nickname) today, if you’re man enough and you’re not running away.”In the City Heights neighborhood where the couple lived, the news of Kuri’s death came as a shock. The Somali woman was well known and operated a day care business that served many parents in the Somali community.Ahmed Olad who was a friend of the victim said that Kuri was almost like a second parent to the children. Ismail Nur runs a clothing store in City Heights where Muna Kuri often shopped. He said the news of her killing was so disturbing that he and other cried. Nur said he also closed his business early.Council member Georgette Gomez who represents the City Heights neighborhood said she supports the Somali community and wants to serve as a resource. She said she supports a full investigation into Kuri’s death.Anyone with information about the incident should call the police department’s homicide unit at (619) 531-2293 or Crime Stoppers at (888) 580-8477. Sasha Foo,
Kolkata: Criminal Investigation Department (CID) has come to know about more people from the northern p art of the country, who had allegedly extended support to the five Chinese nationals arrested for running a drug smuggling racket.Sources said the CID officers have recently come to know about these people, who have had close contact with the five arrested Chinese nationals. The investigation officers didn’t disclose the names and the CID officers didn’t reveal much about the places they belong for the sake of investigation. Also Read – Rain batters Kolkata, cripples normal lifeInvestigating officers have come to know that it would not have been possible for the Chinese nationals to run the racket without their help. A team comprising CID officers are working in other states in this connection. The five Chinese nationals including Wang Zio Dong, Zeu Gong Hue, Chang Heu, Lee Chand and Lue Bouk Seoung were arrested a few weeks ago from Kolkata Station and around 197 kg drug, worth around Rs 39 crore was recovered from them. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedThe five persons were arrested by the Government Railway Police and the case was later taken up by the CID. The CID officers had conducted raids in this connection at Naoda in Murshidabad. Subsequently, a team comprising officers of Drug Enforcement Administration (DEA), US Department of Justice, interrogated the five Chinese nationals. Officers of the Narcotics Control Bureau accompanied the DEA agents during the interrogation. The CID continued its probe in this connection and came to know that three of the five arrested Chinese nationals had also worked in Gurgaon. In a bid to get more information in this connection, a team comprising officers of CID went to Gurgaon. The investigating officers also came to know that one of them used to work for a mobile manufacturing company and another used to work as a cook at some place. Later, they allegedly got involved in the racket of smuggling of drugs that include methamphetamine and amphetamine.