Business Insider reports Schiff told ABC's "This Week" he expects the whistleblower to testify before Congress "very soon." The whistleblower is reportedly a CIA officer who was once assigned to work with the White House.
President Donald Trump's executive order banning China's TikTok could prevent U.S. app stores from offering the popular short-video app and make advertising on the platform illegal, according to a White House document seen by Reuters. Libby Hogan reports.
U.S. Representative Ilhan Omar held off a well-funded challenger Tuesday and won the Democratic primary in her congressional district, putting her on track for re-election in November along with other members of the "Squad" of four liberal freshmen. Gloria Tso reports.
[NFA] President Donald Trump commuted the sentence of his longtime friend and adviser Roger Stone on Friday, sparing him from prison after he was convicted of lying under oath to lawmakers investigating Russian interference in the 2016 U.S. election. Adam Reed reports.
While speaking to ANI in Bengaluru on August 12, Karnataka Congress Working President Saleem Ahmed on violence that broke out in the state said that Congress never encourage such kind of things, party always want to have peace and brotherhood. He said, "Karnataka Minister CT Ravi should not speak on the community. I strongly object to his statements. Congress will never encourage the "goondaism" and those people who do criminal activities. I condemn that incident." At least three people died in violence that broke out in Bengaluru on August 11 late night over an alleged inciting social media post.
Even as a mob was going on a rampage in Bengaluru, a group of Muslim youth came to the aid of policemen at the DJ Halli police station. The group formed a human chain and stood outside the police station to protect it from arsonists. Clashes had broken out in the area over a social media post allegedly made by the nephew of Congress MLA Akhanda Srinavas Murthy. The nephew of the Congress legislator has been arrested. The mob also vandalised the house of the Congress MLA and set vehicles on fire in the area. Karnataka Minister CT Ravi called it a pre-planned incident and said that some people believe that they are above the law. He ensured that tough action would be taken against the perpetrators and blamed the Congress for appeasing these elements when it was in power in the state. He also alleged that this was not an isolated incident and linked it with protests that were held against the Citizenship Amendment Act. Watch the full video for all the details .
Credit: HT Digital Content Duration: 02:53Published
3 people were killed and over 60 policemen were injured as clashes erupted in Bengaluru over an alleged derogatory social media post. The post on Facebook was made by Congress MLA Akhand Srinivas Murthy's nephew and was allegedly derogatory of Prophet Muhammad. The Congress leader's nephew has already been arrested. 110 people accused of arson, stone-pelting, and assault on the police have been arrested in connection with the violence. The police teams that tried to contain the violence also bore the brunt of the mob as their vehicles were damaged. Karnataka Chief Minister BS Yediyurappa said that directives have been issued to take strict action against accused of Bengaluru violence and asserted that the government has taken all possible steps to curb the situation. While appealing people to maintain peace, he also said that violence against journalists, police and people last night was unacceptable. Section 144 has been imposed in Bengaluru city while curfew has been imposed in DJ Halli and KG Halli police station areas. Watch the full video for all the details.
Credit: HT Digital Content Duration: 02:17Published
Italy's richest family is the Ferraro family. They founded confectionery giant Ferrero Group. The company is run by Giovanni Ferrero. Under his guidance the value of assets acquired through his CTH holding company increase by 40% last year. Business Insider reports this was partly due to CTH's $300 million purchase of Danish cookie business Kelsen Group last year.
Business Insider reports that Facebook's ad revenue will continue to increase this year. The growth will come despite the growing number of brands pulling ad campaigns amid the coronavirus pandemic. Net US digital ad revenues at Facebook will increase by 4.9% this year to $31.43 billion. Brands pulled ad spend from Facebook for the month of July in support of the NAACP campaign #StopHateForProfit. The campaign only asks brands to pause Facebook ad spending.
Robinhood overtook its rivals in trading activity during the month of June. According to Business Insider, a surge in retail investing drove millions of users to the trading platform. The brokerage posted 4.31 million daily average revenue trades, as investors capitalized on pandemic-fueled uncertainty. Robinhood used to attract traders with its zero-commission-fee structure, but rivals have since slashed their own fees.
TSA on Monday reported that 831,789 travelers passed through its checkpoints on Sunday. This is the highest number since March 17th, just before the US explosion of coronavirus. In addition, traveler traffic has consistently increased over the last two weeks, reports Business Insider. Shares of major airlines including American Airlines, United Airlines, and Delta Air Lines surged Monday. Still, total traffic through TSA checkpoints is down roughly 70% from a year ago.
On Friday, Goldman Sachs lifted its 2020 S&P 500 earnings-per-share estimate. The move comes after better-than-expected second-quarter results. Business Insider reports that Goldman expects 2020 S&P 500 EPS of $130, from $115. That's about 21% lower than 2019. Goldman also thinks S&P 500 earnings will surge 30%, to $170 per share in 2021. The estimate is tied to Goldman's economic growth outlook.