World News

Former President Jimmy Carter undergoes procedure to relieve pressure on brain

Netflix sends TV fans into meltdown after streaming website ‘crashes’

According to Downdetector, a website monitoring service, Netflix has been out of service since 10:49pm.

The website received 394 problem reports less than five minutes after it crashed.

It is unclear if the problem is being experienced globally or just in the UK.

More to follow…

Trump expected to again delay decision on European auto tariffs: report

President Donald Trump is expected to put off for another six months a decision on whether to slap tariffs up to 25% on European auto imports, Politico reported Monday. The deadline for a decision is Wednesday, and it has already been postponed once before, in May. Earlier this year, Trump instructed the U.S. Trade Representative to negotiate agreements with the European Union and Japan to address a national-security threat "causing harm to the American automobile industry." The U.S. signed a limited trade deal with Japan in September, likely eliminating the threat of tariffs on Japanese autos. But there has been no deal with the EU so far.

Man set on fire in Hong Kong hours after protester was shot

Hong Kong (CNN Business)Hong Kong stocks inched up slightly Tuesday, a day after recording their worst day in months as violence escalated in the city.

The Hang Seng Index (HSI) was up 0.3%. On Monday, the index dropped more than 2.6% — its worst single-day percentage loss since the beginning of August, according to Refinitiv data.
Markets plunged on Monday as violence escalated to new levels in Hong Kong. A traffic officer shot a protester, and in another part of the city, a man was set on fire when confronting a group of protesters.

    Elsewhere in the region, China’s Shanghai Composite Index (SHCOMP) opened slightly higher, though was last down nearly 0.2%. That index recorded its worst drop in more than four months on Monday, thanks to the uncertainty surrounding US-China trade talks and disappointing economic data.
    Japan’s Nikkei 225 (N225) and South Korea’s Kospi Index (KOSPI) each edged up 0.1%.

    US futures moved slightly lower during Asian trading hours on Tuesday, following a weak session. Futures for the Dow (INDU), S&P 500 (SPX) and Nasdaq (COMP) were all down between 0.1% and 0.2%.

    Amazon set to launch new grocery store separate from Whole Foods: report Inc. AMZN, -0.80% is reportedly opening a new grocery store separate from its existing Whole Foods and Amazon Go chains. CNet first reported the news Monday, which was confirmed by Amazon to multiple media outlets. The store, in the Woodland Hills neighborhood of Los Angeles, is expected to open in 2020, but Amazon did not say if more will open elsewhere. Earlier this year though, the Wall Street Journal reported Amazon was planning on opening a new grocery chain that would be distinct from the Whole Foods brand, and had leases for at least three locations. The new chain’s name is not yet known, but it reportedly will not use Amazon Go stores’ cashierless technology. The new chain is likely to escalate Amazon’s battle against its grocery rivals, which includes Walmart Inc. WMT, -0.33% , Target Corp. TGT, +0.27% and Kroger Co. KR, -1.52% .

    Former U.S. President Jimmy Carter Hospitalized In Atlanta

    Former U.S. President Jimmy Carter was hospitalized on Monday in Atlanta for a procedure to “relieve pressure on his brain,” the Carter Center said.

    The procedure, scheduled for Tuesday morning, comes less than a month after the 95-year-old broke his pelvis falling in his home.

    Carter served one presidential term from 1977 to 1981 and went on to create The Carter Center, a nonprofit human rights organization.

    He beat cancer in 2015 after receiving experimental treatment that resulted in the removal of part of his liver.

    Last week, Carter returned to teach Sunday school at his church in Georgia.  During his lesson, he talked about how he came to accept the idea of death after his cancer diagnosis. 

    “I obviously prayed about it,” he said. “I didn’t ask God to let me live, but I asked God to give me a proper attitude toward death. And I found that I was absolutely and completely at ease with death.”

    The oldest living former U.S. president is “resting comfortably” with his wife, former first lady Rosalynn Carter, by his side at the hospital, the Carter Center said. 

    Dialog Semiconductor Updates Long-term Financial Targets

    Dialog Semiconductor updated its long-term financial targets, increasing underlying gross margin and underlying operating margin.

    Looking ahead to the business‘ activity over the coming years, the company expects to see meaningful improvement in both underlying gross margin and underlying operating margin. This improvement is the result of extending its power-efficient mixed-signal product portfolio in IoT, Industrial, Automotive and Computing, alongside further savings in manufacturing and operational costs.

    Dialog updated its long-term underlying financial targets. It expects revenue growth of mid-teens percentage points for the unaffected business.

    It expects total Group underlying gross margin of 50% to 53%, compared to the prior estimation of 47%-48%.

    Former President Jimmy Carter undergoes procedure to relieve pressure on brain

    ATLANTA — Former U.S. President Jimmy Carter was admitted to a hospital on Monday evening for a procedure to relieve pressure on his brain, caused by bleeding due to his recent falls, his spokeswoman said.

    The procedure is scheduled for Tuesday morning at Emory University Hospital, Deanna Congileo said in a statement.

    Carter has fallen at least three times this year, and the first incident in the spring required hip replacement surgery. He traveled to Nashville, Tenn., and helped build a Habitat for Humanity home after getting 14 stitches following a fall on Oct. 6. And he was briefly hospitalized after fracturing his pelvis on Oct. 21. He received a dire cancer diagnosis in 2015 but survived and has since said he is cancer-free.

    Nearly four decades after he left office and despite a body that’s failing after 95 years, the nation’s oldest-ever ex-president still teaches Sunday school roughly twice a month at Maranatha Baptist Church in his tiny hometown of Plains in southwest Georgia. His message is unfailingly about Jesus, not himself.

    Rev. Tony Lowden, Carter’s pastor, said the ex-president was hospitalized Monday on what he called “a rough day.”

    “We just need the whole country to be in prayer for him,” Lowden said in a telephone interview.

    Carter is resting comfortably, and his wife, Rosalynn, is with him, Congileo said.