Stocks Rally, Dow Makes Record High: Here’s What You Need To Know – Yahoo Finance

Market Update July 16 – Business Insider

The sharp rebound in manufacturing in February in March left the sector well positioned heading into Q2. Following the report, our Q2 GDP tracking estimate remained at 3.0%, in line with our revised forecast for second-quarter growth.” 5) Federal Reserve Chair Janet Yellen was on Capitol Hill for the second straight day, this time speaking in front of, and taking questions from, the House Committee on Financial Services. 6) The Federal Reserve also released its latest Beige Book report , a collection of economic anecdotes from across the country. The report showed that the economy showed “modest growth” in most of the Fed’s regions. From the Beige Book,”The pace of economic growth was characterized as moderate in New York, Chicago, Minneapolis, Dallas, and San Francisco, while the remaining Districts reported modest expansion. Compared to the previous reporting period, Boston and Richmond noted a slightly slower pace of growth.
Source: http://finance.yahoo.com/news/stocks-rally-dow-makes-record-200011702.html

US STOCKS-Wall St gains on M&A, results; Dow ends at record high – Yahoo Finance

“There’s a lot of good news to go around today, but given all the worries there were about China, the data there is especially a positive,” Colas said. The MSCI International ACWI Price Index rose 0.5 percent on the day. The Dow Jones industrial average gained 77.33 points, or 0.45 percent, to 17,138.01, the S&P 500 rose 8.26 points, or 0.42 percent, to 1,981.54 and the Nasdaq Composite added 9.58 points, or 0.22 percent, to 4,425.97. The U.S. 10-year Treasury note rose 5/32 in news price, yielding 2.5323 percent.
Source: http://finance.yahoo.com/news/global-markets-stocks-around-world-202103041.html

GLOBAL MARKETS-Stocks up around the world on China data, M&A – Yahoo Finance

Stocks are higher on a busy day that has seen huge merger news and the second day of Federal Reserve Chair Janet Yellen speaking on Capitol Hill. The Dow up 62 points, the S&P 500 is up 7 points, and the Nasdaq is up 17 points. The biggest news of the day is Rupert Murdoch’s offer to buy Time Warner for $80 billion, which Time Warner rejected. Excluding food and energy, prices rose 0.2%. Homebuilder confidence in July rose to 53 from 49 , according to data from the NAHB, better than the 50 that was forecast by economists and the first reading above 50 since January. Industrial production data showed that in June, production slowed to 0.2% , below expectations for a gain of 0.3% and down from May’s revised reading of a 0.5% increase. CNBC is also hosting its Delivering Alpha conference today, featuring a number of noted hedge fund managers, including Leon Cooperman, who gave his 12 favorite stock picks , which included KKR, Citigroup, and Thermo Fisher. Our wall-to-wall coverage of Delivering Alpha will be on Clusterstock all day .
Source: http://www.businessinsider.com/market-update-july-16-2014-7

Twenty-First Century Fox shares fell 6.2 percent to $33.00. An index of semiconductors shot up 1.1 percent and hit an intraday high of 652.28, its highest since August 2001. The index was led higher by gains in Intel Corp, up 9.3 percent at $34.65. The world’s largest chipmaker reported second-quarter results that topped analysts’ estimates.
Source: http://finance.yahoo.com/news/us-stocks-wall-st-gains-204950963.html

US stocks move higher on earnings reports; Time Warner soars on Murdoch bid | Fox Business

The ecommerce giant posted better-than-expected second quarter profits, but its expectations for the current quarter came in shy of estimates. Shares of eBay fell in extended trading.

Investors are keeping an eye on Federal Reserve Chair Janet Yellen, who is testifying to Congress for a second day. The Dow Jones industrial average rose 65 points, or 0.4 percent, to 17,125 in the first few minutes of trading Wednesday. The Standard & Poor’s 500 index rose nine points, or 0.5 percent, to 1,982. The Nasdaq rose 29 points, or 0.7 percent, to 4,445.
Source: http://www.foxbusiness.com/markets/2014/07/16/us-stocks-move-higher-on-earnings-reports-time-warner-soars-on-murdoch-bid/

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Us Stocks Up In Afternoon Trading On Earnings News – Yahoo News

Stocks waver amid valuation worry and bank earnings

The value of U.S. corporate deals has surged 80 percent to $1.02 trillion so far this year from $563 billion in the same period a year ago, according to Dealogic. “Companies are looking at ‘how do we grow in this low-growth environment?’ and they’re turning to M&A,” said David Chalupnik, head of equities at Nuveen Asset Management. APPLE DEAL: Apple and IBM rose after the former rivals announced late Tuesday that they will work on mobile applications together in a bid to sell more iPhones and iPads to corporate customers.
Source: http://news.yahoo.com/us-stocks-afternoon-trading-earnings-news-172519019–finance.html

Stocks move higher on earnings, acquisition news – Yahoo News

BANKING ON BANKS: Several other big investment banks also rose. Morgan Stanley added 0.49, or 1.6 percent, to $31.90, while Goldman Sachs rose $2.08, or 1.3 percent, to $166.88. JPMorgan Chase climbed 65 cents, or 1.2 percent, to $56.45. A DEAL: Generic drugmaker Mylan said it will buy Abbott Laboratories’ generic-drug business in developed markets for $5.3 billion.
Source: http://news.yahoo.com/stocks-move-higher-earnings-acquisition-news-172432507–finance.html

Stocks edge lower after Yellen, but bank stocks rise – Yahoo Finance

Yahoo ( YHOO , Tech30 ) was heading in the opposite direction, falling more than 2% premarket after second quarter revenue and profits missed forecasts. Related: CNNMoney’s Tech30 4. Market overview: European markets bounced about 1% higher, encouraged by China’s growth figures, and U.S. stock futures were trading about 0.3% firmer.
Source: http://money.cnn.com/2014/07/16/investing/premarkets/index.html?section=money_topstories

The Bank of Japan maintained its stimulus program and stuck to a forecast that inflation will approach its 2 percent target next year, unfazed by recent data casting doubt on its scenario of an investment-led economic recovery. Japan’s Nikkei average rose 0.6 percent, while shares in Hong Kong rose 0.5 percent. The MSCI Emerging Market index, MSCI’s benchmark emerging equity index, inched up 0.3 percent to a 16-month high. Asian stock markets showed little reaction to stronger-than-expected new loan and money supply data for China. Chinese banks gave 1.08 trillion yuan ($173.90 billion) of new loans in June, beating expectations of 915 billion.
Source: http://finance.yahoo.com/news/asian-shares-firm-count-feds-003105613.html

Premarkets: top 10 stocks buy 4 things to know before the open – Jul. 16, 2014

sp 500 futures 715

We’ll have some bumpy trading but the volume should be up a bit, says Cashin.

U.S. stocks fluctuated on Tuesday, with investors measuring upbeat earnings from the banking sector against concern from the Federal Reserve that valuations on small-cap and high-flying names might be “stretched.” JPMorgan Chase and Goldman Sachs Group climbed after posting better-than-expected quarterly results. Facebook and Yahoo fell after the Fed, in its monetary report, called valuations stretched for smaller social media and biotechnology stocks. Lorillard declined after Reynolds American said it would purchase its rival cigarette maker for about $25 billion. Read More Fed slaps stocks with unusually targeted comments on valuation froth We have “echoes of irrational exuberance, but in an entirely different context,” said Art Hogan, chief market strategist at Wunderlich Securities, referring to Yellen’s comments about biotech and social media stocks, and relating them to a phrase used by then-Fed Chairman Alan Greenspan in the 1990s during the dot-com bubble.
Source: http://www.cnbc.com/id/101837319?__source=yahoonews&par=yahoonews

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Obama Government Looks To Satisfy Religious Groups On Obamacare – Yahoo News

A link has been sent. Done Obama government looks to satisfy religious groups on Obamacare 1 hour ago . View photo A man sits at a health insurance enrollment event in Cudahy, California March 27, 2014. REUTERS/Lucy WASHINGTON (Reuters) – The Obama administration is developing a method for religious organizations opposed to contraception coverage under the Affordable Care Act to opt out of providing the coverage in their health plans without filling out a form. That is the gist of a brief filed on Tuesday in the U.S. Court of Appeals by the Justice Department.
Source: http://news.yahoo.com/obama-government-looks-satisfy-religious-groups-obamacare-024325613.html

Obama request for border crisis funding seems headed for stalemate | Fox News

She spoke with him both Saturday and Sunday, insisting both times, said her spokesman, that he use his leverage on the separatists to get them to negotiate a cease- fire with Kiev. (By Sunday, Ms. Merkel was “urgently” demanding Mr. Putin take such a step, according to descriptions of the calls provided by her office.) Similarly, President Barack Obama has, in his public remarks, sounded an increasingly tough tone, pinning more blame on Russia for its support of the Russian separatists believed to have shot down the Malaysian plane and for the separatists” handling of the crash scene, which has sparked public outrage. At the same time, though, he has avoided harshly condemning Mr.
Source: http://www.nasdaq.com/article/obama-merkel-tread-lightly-to-keep-lines-to-putin-open-20140723-00019

Obama signs emergency declaration for Washington | http://www.kirotv.com

Republicans say that’s the only way to send a message to parents in El Salvador, Honduras and Guatemala that there’s no point in sending their kids on the arduous journey north. White House officials have indicated support for such changes but have sent mixed signals about it under pressure from immigration advocates who say it http://www.obamastudentloanforgiveness.net would amount to sending kids fleeing vicious gang violence back home to their deaths. Democrats who initially were open to such changes also have grown increasingly opposed. A working group established by Boehner was to make its recommendations to the full House Republican caucus on Wednesday. Members have already made clear that changes to the 2008 law will be front and center.
Source: http://www.foxnews.com/politics/2014/07/22/obama-request-for-border-crisis-funding-seems-headed-for-stalemate/

Obama, Merkel Tread Lightly to Keep Lines to Putin Open – NASDAQ.com

Wednesday, July 23, 2014 Obama signs emergency declaration for Washington VIDEO: Fire crews keeping close eye on weather Sponsored Links On Wednesday, President Barack Obama signed an emergency declaration for the state of Washington and ordered federal aid to supplement state and local response efforts in the area affected by wildfires. The President’s action authorizes the Department of Homeland Security and the Federal Emergency Management Agency to coordinate all disaster relief efforts with the purpose of alleviating the hardship and suffering of people in Chelan and Okanogan counties and the Colville Reservation. FEMA is authorized to provide equipment and resources necessary to fight the fires. Want to talk about the news of the day? Watch free streaming video on the KIRO 7 mobile app and iPad app , and join us here on Facebook .
Source: http://www.kirotv.com/news/news/obama-signs-emergency-declaration-washington/ngmFf/

Obama signs emergency declaration for Wash. wildfires | Local & Regional | Seattle News, Weather, Sports, Breaking News | KOMO News

The House Majority PAC event was closed to the press. Obama had once criticized those types of organizations for creating an end-run around political contribution limits, but Democrats have now embraced the system and Obama has agreed to appear before group events but not to solicit funds. Donations to the DCCC event at the Los Altos, Calif., home of Real estate developer George Marcus range from $10,000 per person to $32,400 per couple. In Washington, Senate Republican leader Mitch McConnell faulted Obama for not being in town while Congress debates vital legislation. “I’m not going to give him advice about how to allocate his time, but he’s certainly not spending the kind of time with the people he needs to pass legislation and convince people who have a vote, who were sent here to legislate, of the virtues of whatever position he has,” McConnell said. White House officials say Obama is more than able to carry out all his duties and attend to crises while on the road.
Source: http://www.startribune.com/politics/268268582.html

Obama’s dual message for GOP: Work with me while I campaign against you | Star Tribune

WASHINGTON – President Obama signed an emergency disaster declaration Wednesday for areas of Washington state scorched by wildfires. The declaration makes federal emergency aid available to supplement state and local response efforts in the area affected by wildfires. The president’s action authorizes the Federal Emergency Management Agency to coordinate all disaster relief efforts, and to provide assistance for emergency measures to save lives and to protect property and public health and safety. The emergency declaration covers areas of Chelan and Okanogan counties as well as the Confederated Tribes of the Colville Reservation. FEMA is authorized to provide equipment and resources necessary to alleviate the impacts of the emergency.
Source: http://www.komonews.com/news/local/President-Obama-signs-emergency-declaration-for-Wash-wildfires-268278852.html

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Obama And Immigration: Mixed Record And High Expectations; Complicated History With Issue | Star Tribune

senator, Barack Obama. He turned them down. It was one of the first times Obama could have used the power of his office to help defer the removal of immigrants who were in the United States illegally. Eight years later, with his powers magnified as president, such a decision is upon him again, this time with the status of millions of immigrants at stake. That episode in 2006 represents just one early marker in Obama’s complicated history with the politics of immigration. The son of a Kenyan immigrant, Obama has been embraced and scorned by immigrant advocates who have viewed him as both a champion and an obstacle to their cause.
Source: http://www.startribune.com/politics/275971031.html

On top of that old authority, Obama now has new congressional approval to arm and train Syrian rebels. That, unfortunately, is a long-term effort being launched in the face of a short-term emergency. The Islamic State group already controls significant parts of Iraq and Syria, its well-armed, well-trained and well-equipped forces inflicting significant defeats on the military units there. American air power is the only thing that’s stopped its recent advances, action that prompted the Islamic State group to challenge Obama by publicly beheading two American journalists and a British aid worker. Obama’s plan, if fully implemented, appears to be a good one that involves our air power combining with troops from a coalition of other Middle Eastern countries.
Source: http://www.news-gazette.com/opinion/editorials/2014-09-22/congress-backs-obama-war-plan.html

Obama launches sales pitch for health insurance program – Bennington Banner

– Complicated landscape – Marchers come down 6th Ave during the People’s Climate March on September 21 2014, in New York ( Five years after that setback, the landscape remains complicated. “I think that there is some greater sense of perhaps realism as well as ambition among parties than perhaps there was in 2009,” said Todd Stern, the United States top climate negotiator. “I think, at the same time, these negotiations are always difficult,” he said in a recent conference call. In the short term, it remains highly unlikely that the 120 heads of state and government due to attend Tuesday’s one-day meeting in New York will meet the expectations of UN Secretary General Ban Ki-moon, who has called for “bold pledges” to be made. The White House has said it will not announce its post-2020 goals in New York this week, but rather plans to roll an out ambitious target early next year according to John Podesta, Obama’s adviser on climate and energy. “You can expect the US to make public by the first quarter of 2015 a strong national target for reducing greenhouse gas emissions in the post-2020 time frame,” Podesta said.
Source: http://news.yahoo.com/obama-readies-climate-change-push-un-summit-223139159.html

Obama asks college men to stop sex predator friends: Will they listen? – Yahoo News

In an August Bloomberg News story, Harvard University student Malik Gill says the college scene has gotten to the point where he wont offer a girl an alcoholic beverage because I dont want to look like a predator. Recommended: World rankings: Top 10 universities in 2014 A growing number of male college students are suing their alma maters for sex discrimination and due-process violations after being punished for assault even though there was evidence the encounters were consensual. More than 30 such cases are now in the courts, a four-fold increase since four years ago. Meanwhile, US colleges are under intense pressure from the administration to crack down on campus sexual assaults or risk losing major federal Title IX funding. To be sure, womens rights activists say the greatest and most difficult burden when it comes to reporting sexual assault still falls on the female victims, even in cases where local prosecutors dont have enough evidence to file felony rape charges. In July, Sen. Claire McCaskill, (D) of Missouri, released the results of a survey that showed 40 percent of 440 colleges and universities had not investigated a single sexual assault case in the past five years. And the Obama administration has launched more investigations, directives, and fines concerning how colleges deal with sexual-assault allegations than any other administration. One in 71 men report being raped at some point in their lives, according to the CDC, compared with 1 of every 5 women reporting a sexual assault at some point in their life.
Source: http://news.yahoo.com/obama-asks-college-men-stop-sex-predator-friends-192932211.html

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Samsung Postpones Release Of Tizen Smartphone In Russia As It Seeks To Improve Ecosystem | Fox Business

The Springdale, Arkansas, meat processor says it still plans to expand its international operations, especially in Asia, but the businesses it plans to sell didn’t have the scale to gain leading market positions. The company expects the sale to JBS SA to be completed by the end of the year. JBS SA is the parent of JBS USA Holdings Inc., which owns Pilgrim’s Pride. Tyson’s Mexico and Brazil operations employ more than 10,000 people combined. Tyson Foods Inc.
Source: http://www.foxbusiness.com/markets/2014/07/28/tyson-to-sell-mexico-brazil-poultry-operations-for-575-million-in-cash/

Tyson to sell Mexico, Brazil poultry operations for $575 million in cash | Fox Business

1 meat producer, for $575 million. Tyson also reported a 4.4 percent increase in third-quarter profit and forecast sales for fiscal year ending September 2015 above the average analyst estimate. The company said it would use proceeds from the sale to pay down debt associated with its $7.7 billion acquisition of Hillshire Brands Co, which is expected to close in the current quarter. “Although these are good businesses with great team members, we haven’t had the necessary scale to gain leading share positions in these markets,” Chief Executive Donnie Smith said in a statement. Tyson had outbid Pilgrim’s Pride, which is majority owned by JBS, with its $63 per share offer for Hillshire in June that valued the maker of Jimmy Dean sausages at $8.7 billion including debt. Tyson said on Friday it was discontinuing operations at three of its factories which make processed meat products such as sausages and hot dogs.
Source: http://www.foxbusiness.com/industries/2014/07/28/tyson-to-sell-mexican-brazilian-poultry-businesses-to-jbs/

Tyson to sell Mexican, Brazilian poultry businesses to JBS | Fox Business

The South Korean company had planned to start selling the phone in Russia this quarter but said Monday that Tizen needs more time to expand its following of app developers and apps. The delay is a setback for Samsung’s push to reduce reliance on Google’s Android operating system, which powers Samsung’s Galaxy smartphones and tablets. It did not announce a new release date. Samsung is the world’s largest manufacturer of smartphones, but lacks a popular mobile platform of its own, like Apple’s iOS or Google’s Android. Samsung’s own app store draws far fewer developers and users than those of Apple or Google.
Source: http://www.foxbusiness.com/technology/2014/07/28/samsung-postpones-release-tizen-smartphone-in-russia-as-it-seeks-to-improve/

Chinese portal Sohu reports quarterly loss of $45 million; revenue up 18 percent | Fox Business

Sohu said Monday the loss for the three months ended June 30 compared with a $69 million loss in the previous quarter and an operating profit of $64 million in the same period of 2013. Profits at China’s Internet companies have been squeezed by heavy spending to build a mobile presence as Chinese Web surfers shift quickly to going online wirelessly through smartphones and tablet computers. Sohu operates online media, search, gaming, community and mobile services. In a statement, its chairman, Charles Zhang said its news and video businesses “made solid progress in mobile monetization” as growing user numbers attracted advertisers. U.S.
Source: http://www.foxbusiness.com/technology/2014/07/28/chinese-portal-sohu-reports-quarterly-loss-45-million-revenue-up-18-percent/

Guide to Small Cap Growth ETFs Investing – Yahoo Finance

Institutional money will flow out, the market will then start to correct, and then mutual fund money or retail money will then follow and then compound that correction. Retail investors are at the tail-end of dumping the stocks, said Sanchez, a CNBC contributor. When you start to see institutional investors pulling out, they tend to be a little more nimble and a little more ahead of the curve than mutual funds and retail investors, she said. This is a moment where everybody needs to sit up and take note. View gallery . Ari Wald, head of technical analysis at Oppenheimer & Co., believes theres nuance to the data on mutual fund and ETF flows.
Source: http://finance.yahoo.com/blogs/talking-numbers/why-is-the-big-money-dumping-stocks-214449590.html

Why is the big money dumping stocks? | Talking Numbers – Yahoo Finance

Further, small caps are considered risky options in the current market turmoil as these could lead to extreme volatility since huge gains and losses can occur in a very short period of time. However, these pint-sized stocks, which are closely tied to the U.S. economy and generate the majority of revenues from the domestic market, tend to rise faster than the large caps amid improving American economic health. Since the small caps are considered the barometer of domestic economy, these might be due for a strong rebound later in the year given a ramp up in the job market, a recovering housing market, rising GDP growth, improving manufacturing growth and increasing consumer spending. Further, etf trade signals Americas economy is expected to grow in the years ahead, particularly when compared to other developed markets such as Europe or Japan, suggesting that a U.S. small cap tilt is a good approach.
Source: http://finance.yahoo.com/news/guide-small-cap-growth-etfs-130822509.html

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Stocks Break Two-day Losing Streak As Apple Gains – Yahoo Finance

US STOCKS-Mid- and small-caps rise, outperform S&P 500 – Yahoo Finance

Krispy Kreme Doughnuts sank 3 percent after reporting earnings that fell short of analysts’ forecasts. The Dow Jones industrial average rose 54 points, or 0.3 percent, to close at 17,068 Wednesday. The Standard & Poor’s 500 index rose seven points, or 0.4 percent, to 1,995. The Nasdaq composite rose 34 points, or 0.8 percent, to 4,586.
Source: http://finance.yahoo.com/news/stocks-break-two-day-losing-201106154.html

The MidCap index is up 6.9 percent for the year so far while the SmallCap index is down 0.3 percent, but below the S&P 500’s 8 percent gain since Dec. 31. Index snapshot at 15:23 EDT: * S&P 500 was falling 0.05 points, or -0 percent. * Nasdaq Comp was losing 0.65 points, or 0.01 percent.
Source: http://finance.yahoo.com/news/us-stocks-mid-small-caps-193213962.html

Stocks claw way to marginal gains | TribLIVE

Treasuries continued to fall with the yield on the 10-year bond rising above 2.53%, the highest level since July. The move comes ahead of next weeks Fed meeting and increasing expectations of further guidance from the central bank as to when rates will begin to rise. At market close the Dow, S&P 500 and Nasdaq were up 0.3%, 0.4% and 0.8% respectively. Stocks on the Move Dollar General (DG) said today it is taking its $80 a share bid for rival Family Dollar (FDO) directly to shareholders by launching a tender offer.
Source: http://finance.yahoo.com/news/stocks-end-higher-rate-hike-201500906.html

Stocks End Higher; Rate Hike Timing in Focus – Yahoo Finance

On Wednesday morning, the U.S. Department of Commerce announced that wholesale more.. inventories rose 0.1% month-over-month in July, less than the 0.5% increase that was expected. In June, wholesale inventories rose 0.2% 2. The next FOMC meeting is now just one week away, and on Wednesday the Kansas City Fed released its latest Labor Market Conditions Indicators report, which showed that labor market activity remains near historically high levels.
Source: http://finance.yahoo.com/news/stocks-climb-heres-know-200011277.html

STOCKS CLIMB: Here’s What You Need To Know – Yahoo Finance

Gains in the broad market were muted as investors fretted over the timing and pace of Federal Reserve increases in interest rates, which are widely expected next year. aThe economy is getting better, and that worries people,a said John Manley, chief equity strategist at Wells Fargo Funds Management. aPeople are afraid the Fed will raise rates too quickly.a A drop in a key oil price to the lowest level in nearly 1 A years also weighed on the market. Several oil companies fell. Chevron dropped 0.7 percent.
Source: http://triblive.com/business/headlines/6772159-74/percent-apple-investors

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Obama To Hold Border Crisis Meeting In Texas : Npr

The meeting comes as Obama faces pressure to visit the border while he’s in Texas this week to raise money for Democratic congressional candidates. The White House has resisted the calls largely from Republicans to take a firsthand look at the tens of thousands of children arriving from Central America. Among those calling for Obama to visit the border is Texas Republican Gov. Rick Perry. Obama senior adviser Valerie Jarrett sent Perry a letter inviting him to Wednesday’s meeting in Dallas. Obama has called the situation at the border a “humanitarian crisis.” The White House has warned that most of the children arriving at the border will not be allowed to stay in the U.S.
Source: link http://www.npr.org/templates/story/story.php?storyId=329774287&ft=1&f=

Obama Taps Donor to Be Ambassador to Costa Rica – ABC News

The White House says Fitzgerald Haney is Obama’s pick for the job. Haney is a client services executive at Pzena Investment Bank. The White House says he’s worked in Brazil, Mexico and Puerto Rico, and studied at Georgetown University’s School of Foreign Service. Campaign finance records show Fitzgerald raised large sums for Obama’s presidential campaigns and also contributed to Obama’s transition team and inauguration. Obama selected him in 2013 to join the United States Holocaust Memorial Council.
Source: http://abcnews.go.com/Politics/wireStory/obama-taps-donor-ambassador-costa-rica-24476429

Obama Intervenes In Afghan Presidential Election : NPR

The Afghan Independent Election Commission released preliminary election results Monday showing Ahmadzai well in the lead but said no winner could be declared because millions of ballots were being audited for fraud. Ahmadzai had about 56 percent of the vote to Abdullah’s 44 percent. The results announced Monday marked a sharp turnaround from the first round of voting on April 5, when Abdullah garnered the most votes, with 46 percent to Ahmadzai’s 31.6 percent. But Abdullah failed to win the majority needed to avoid last month’s runoff. Abdullah has refused to accept any second-round results until all fraudulent ballots are invalidated. NATO Secretary-General Anders Fogh Rasmussen said Tuesday that the fraud allegations were concerning.
Source: http://www.npr.org/templates/story/story.php?storyId=329862432&ft=1&f=

White House says most children at border to be sent home – Yahoo News

Those who possibly could get asylum are children who have been victims of domestic abuse. Minors who fled because of gang-related violence could have a harder time qualifying, according to immigration experts. The strong warning came as the White House is expected to lay out on Tuesday what it wants in emergency funding from the U.S. Congress to deal with the flood of children. The money would go toward more detention facilities to house the children and additional immigration judges and asylum officials to expedite hearings. A Justice Department official told Reuters the aim is to hire 30 more immigration judges to help tackle the case load.
Source: http://news.yahoo.com/white-house-says-most-children-border-sent-home-044008779.html

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