Bestselling Author: White House Press Should Try This Next Time Trump Lies
Bestselling author Don Winslow, a persistent critic of President Donald Trump, has a suggestion for the White House press corps. The next time Trump lies, interrupt him and demand the truth.
If Trump tries to move on to someone else to duck the question, the next person should take up the same line of questioning.
And that’s not the only recommendation Winslow has for the media:
On Monday, Winslow called out reporters for not responding during a news conference when Trump accused “the Obama campaign” of “probably treason”:
Winslow is a former private investigator-turned-crime novelist. His books often cross over into current events, including last year’s The Border, the final chapter in a trilogy centered on the war on drugs. After the book’s release, Winslow challenged Trump to a debate on a border wall.
The president did not respond.
Winslow has since turned his talents from the page to the screen with a series of videos attacking Trump ahead of the election.
Sysco Posts Adj. Loss In Q4; Sales Down 42.7%
Sysco Corp. (SYY) reported a fourth quarter adjusted loss per share of $0.29, down 126.4% from prior year. On average, eight analysts polled by Thomson Reuters expected the company to report a loss per share of $0.30, for the quarter. Analysts’ estimates typically exclude special items. Adjusted operating loss was $33.9 million, down 104.1% year-on-year.
Fourth quarter sales decreased 42.7% to $8.9 billion. Analysts expected revenue of $9.52 billion for the quarter. For U.S. Foodservice Operations, sales were $6.1 billion, a decrease of 42.8%.
Kevin Hourican, Sysco’s CEO, said: “While our fourth quarter results were significantly impacted by the COVID-19 pandemic, we quickly responded by strengthening our balance sheet, adding new and different types of customers, and strategically committing resources to plan for the eventual return of demand. Our quarterly results came in notably better than we anticipated.”
Shares of Sysco Corp. were down 2% in pre-market trade on Tuesday.
Medtronic To Acquire Companion Medical – Quick Facts
Medtronic plc (MDT) announced the planned acquisition of Companion Medical, manufacturer of InPen — the FDA-cleared smart insulin pen system. Medtronic said it will look to expand the availability of InPen globally. The transaction is expected to be neutral to Medtronic’s adjusted earnings per share in the current fiscal year, and accretive thereafter.
“We look forward to building upon the success of the InPen by combining it with our intelligent algorithms to deliver proactive dosing advice personalized to each individual. This smart CGM system can help people think less about diabetes and be able to live life with more freedom, on their own terms,” said Sean Salmon, executive vice president and president of the Diabetes Group at Medtronic.
European Economics Preview: UK Unemployment Data Due
Labor market statistics from the UK and economic confidence from Germany are due on Tuesday, headlining a light day for the European economic news.
At 1.00 am ET, July unemployment data is due from Sweden. The jobless rate stood at 9 percent in June.
At 2.00 am ET, the Office for National Statistics is set to issue the UK unemployment data. The jobless rate is forecast to rise to 4.2 percent in three months to June from 3.9 percent in three months to May.
At 3.00 am ET, consumer price data is due from Hungary. Inflation is forecast to rise to 3.2 percent in July from 2.9 percent in June.
At 5.00 am ET, Germany’s ZEW economic confidence survey results are due. The economic sentiment index is forecast to fall to 58.0 in August from 59.3 in July.
China accused of trying to turn Taiwan into next Hong Kong
Joseph Wu issued the warning on the third day of a visit by the US health secretary as China uses national security law to crack down on dissidents and activists.
Taiwan’s foreign minister has accused China of trying to turn the island into the next Hong Kong.
Joseph Wu issued the warning on the third day of a visit by the US health secretary.
Al Jazeera’s Katrina Yu reports from Beijing, China.
S&P 500 nears record high on stimulus bets
(Reuters) – U.S. stocks opened higher on Tuesday, with the S&P 500 closing in on a record high, as investors bet on more stimulus measures and a steady post-coronavirus recovery following a better-than-expected earnings season.
The Dow Jones Industrial Average .DJI rose 170.20 points, or 0.61%, at the open to 27,961.64. The S&P 500 .SPX opened higher by 9.87 points, or 0.29%, at 3,370.34, while the Nasdaq Composite .IXIC dropped 25.70 points, or 0.23%, to 10,942.66 at the opening bell.
CANADA STOCKS-TSX opens lower as precious metal miners weigh
Aug 11 (Reuters) – Material stocks pressured Canada’s main stock index at the open on Tuesday, as gold prices tumbled more than 4%.
* At 9:30 a.m. ET (1330 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 15.99 points, or 0.1%, at 16,589.51.
Widgets, face mask Memoji, car keys: Here's what's new on iOS 14
New York (CNN Business)Google Maps will soon return to the Apple Watch after suddenly disappearing three years ago.
The new app, which includes step-by-step directions and estimated arrival times, will be available to download in the coming weeks, Google said.
This time around, Maps is a standalone app available in the Apple Watch app store — a bit of a change from its previous iteration, when iPhone users had to download the Google Maps iOS app then use it as an extension on their Watch. Several other apps, like Amazon and eBay, pulled their iOS apps’ support for the Apple Watch in 2017 without offering an explanation, according to previous reports.
Google (GOOGL) is also rolling out an update this week that will expand its Maps app compatibility with Apple’s CarPlay system. That means users can listen to music or check their calender in a side-by-side display of Google Maps. The maps appear on the left of the screen and other features, like the music, appears on the right.
Apple’s CarPlay infotainment system is available in 97% of new cars, according to the company.