The FAANG stocks have led the market higher and they're going to continue to lead us higher, Jim Cramer tells Real Money readers. While some money managers are advocating to rotate into the oils and the cyclical stocks, Cramer said he's sticking with the winners. The FAANG stocks of Facebook , Amazon , Apple , Netflix and Alphabet aren't economically sensitive, Cramer says, they're in charge of their own destiny.
- Yahoo News
Black National Guardsman describes being deployed to protect Biden’s inauguration: 'I just felt this huge sense of pride'
As most of the 25,000 National Guardsmen who were called upon to protect Washington, D.C., during the presidential inauguration began heading home this week, one Black service member agreed to speak to Yahoo News about the experience of protecting the nation’s capital in the wake of a pro-Trump riot on Capitol Hill.
- Yahoo News
Former President Donald Trump’s “big lie” about a stolen election may have been discredited over and over in the courts, and disgraced by the attack on the U.S. Capitol, but the corrosive effect of his dishonesty will linger on, complicating efforts to strengthen American elections.
President Obama's former speechwriter says he's "preemptively frustrated" with President Biden's effort to find unity with Republicans.What they're saying: Cody Keenan told Axios that Biden's messaging team has "struck all the right chords," but at some point "they're gonna have to answer questions like, 'Why didn't you achieve unity?' when there's an entire political party that's already acting to stop it."Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.Keenan spent 14 years writing for Obama, including working alongside Biden for eight of those years. He acknowledged being embittered by his own experience, especially after Sen. Mitch McConnell pledged to make his former boss a one-term president. * "Until the Republican Party steps up and tells their own voters what's really happening with the truth, it's going to be elusive," Keenan said. "It's not up to (President Biden) alone to deliver. He can't."Keenan helped Obama with the first volume of his memoir, "A Promised Land." He stopped working with the former president on New Year's Eve and has taken a full-time role at Fenway Strategies. The firm is run by another ex-Obama speechwriter — Jon Favreau — and presidential aide, Tommy Vietor. * "It just seemed like a natural spot after the book and the elections and, you know, [Obama] is not going to do a ton, especially with Biden in office," Keenan said.Keenan is also writing a book, titled "Grace," about the 10 days from the 2015 shooting at a historic Black church in Charleston, South Carolina, to the eulogy Obama delivered for Rev. Clementa Pinckney. * Obama ended by singing "Amazing Grace." * The title also nods to Keenan's newborn daughter, named Grace.Support safe, smart, sane journalism. Sign up for Axios Newsletters here.
- The Telegraph
The leader of the Proud Boys extremist group has been unmasked as a "prolific" former FBI informant. Enrique Tarrio, 36, worked undercover exposing a human trafficking ring, and helped with drug and gambling cases, according to court documents. Tarrio's documented involvement with law enforcement related to the period 2012 -2014. There was no evidence of him cooperating after that. But the revelation raised further questions over why police did not take further steps to secure the US Capitol ahead of the riots on Jan 6. At least half a dozen members of the Proud Boys were arrested over involvement in the riots. Tarrio denied ever being an informer, telling Reuters: "I don’t know any of this. I don’t recall any of this."
- The Independent
Mike Pence is homeless after leaving office and ‘couch-surfing’ with Indiana politicians, report says
Mike Pence has been residing in public housing for the past eight years
Prime Minister Boris Johnson said the experience of the COVID-19 pandemic underlined the benefits of being part of the United Kingdom as he prepares to visit Scotland on Thursday to confront growing support for another independence referendum. The bonds holding together the United Kingdom have been severely strained over the last five years by Brexit, the government’s handling of the pandemic, and repeated calls by the Scottish National Party for a new referendum on independence. Ahead of his visit, Johnson said that Scotland as a part of the United Kingdom gained access to a coronavirus vaccine developed by the University of Oxford and they are being administered by their shared armed forces, who are creating 80 new vaccine centres in Scotland.
- National Review
Senator Mitt Romney (R., Utah) criticized Republicans who argue that impeaching former President Trump would be divisive, in comments during an online event on Tuesday. “Five people died with the attack on the Capitol. Five human beings died. There’s no question but that the president incited the insurrection that occurred,” Romney said at an online forum with the Economic Club of Chicago on Tuesday. The forum, titled “Governing from the Middle,” was moderated by former Obama strategist David Axelrod and featured Senators Romney and Amy Klobuchar (D., Minn.). Romney was the only GOP senator to vote in favor of conviction during Trump’s previous impeachment trial, during which the former president was ultimately acquitted. House Democrats and a small set of Republicans voted to impeach Trump again for “incitement of insurrection” earlier this month, after Trump incited a mob of his supporters to amass at the Capitol on January 6. The mob breached the building and forced lawmakers to evacuate, and the riots resulted in five deaths, including a Capitol police officer. Romney dismissed arguments by some GOP congressmen that an impeachment at this stage would cause more “divisiveness” throughout the country. “I say, first of all, have you gone out publicly and said that there was not widespread voter fraud and that Joe Biden is the legitimate president of the United States? If you said that, then I’m happy to listen to you talk about other things that might inflame anger and divisiveness,” Romney said. “But if you haven’t said that, that’s really what’s at the source of the anger right now.” Romney was among just five GOP senators who declined to support a resolution by Senator Rand Paul (R., Ky.) that would declare Trump’s upcoming impeachment trial unconstitutional.
- Yahoo News
“By signing this order, President Biden indicates that he’s more interested in the views of the citizens of Paris than in the jobs of the citizens of Pittsburgh,” Cruz said.
- The Telegraph
Russian authorities target Navalny's associates and wife in series of police raids ahead of protests
Russian authorities raided the homes of jailed Kremlin critic Alexei Navalny and his associates on Wednesday, piling pressure on opposition figures ahead of a major rally planned for this weekend. Masked police on Wednesday afternoon broke down the door of Mr Navalny’s rented flat despite the pleas from his wife who was inside, asking for her lawyer, Veronika Polyakova. Ms Polyakova arrived at her house but was not allowed in to witness the search, a clear violation of the Russian law,she told the Dozhd TV channel. In the biggest wave of police action against the opposition in months, law enforcement agents raided at least seven homes on Wednesday, including a Moscow property owned by Mr Navalny but where he has not lived for years, and the office of his associates who run his YouTube channel. A video posted online by Lyubov Sobol, a close ally of Mr Navalny, showed black-clad masked men break down the door and walk into the office.
- The Independent
Grandmother ‘overjoyed’ to be outside after receiving Covid-19 vaccine killed in Portland vehicle attack
Police have not released a motive in the attack
- Architectural Digest
Let’s get loudOriginally Appeared on Architectural Digest
The move could save the service millions of dollars and provide wearers with better protection in the field.
- National Review
White House climate czar John Kerry on Wednesday recommended that oil and gas workers should pivot to manufacturing solar panels if their jobs are eliminated as a consequence of the Biden administration’s environmental policies. During a press briefing at the White House on Wednesday, Kerry, who is serving as the U.S. Special Presidential Envoy for Climate, was asked what his message is to workers who are “seeing an end to their livelihoods” as a result of President Biden’s plan to move away from traditional fuels and towards renewable energy. “The president of the United States has expressed in every comment he has made about climate the need to grow the new jobs that pay better, that are cleaner,” Kerry responded, emphasizing that Biden intends to “do what needs to be done to deal with this crisis.” “What President Biden wants to do is make sure those folks have better choices, that they have alternatives, that they can be the people to go to work to make the solar panels,” Kerry said. Kerry noted that jobs in clean energy, such solar power technician and wind turbine technician, were growing rapidly before the pandemic hit. “The same people can do those jobs,” the former secretary of state said, adding that, “coal plants have been closing over the last 20 years.” Kerry also lamented that workers in traditional fuel industries have been a “false narrative.” “They’ve been fed the notion that somehow dealing with climate is coming at their expense. No, it’s not,” he said, adding that the tribulations of oil and gas workers are due to “other market forces already taking place.” Biden signed several executive orders on climate change on Wednesday aimed at achieving the goal of reaching net-zero emissions by 2050. Last week, the president reentered the Paris climate accord, from which the Trump administration withdrew the U.S. in 2017. Biden also canceled the permit on the Keystone pipeline, a project that would have created about 11,000 U.S. jobs this year, according to the Keystone XL website. Many of the workers are temporary, but 8,000 are union workers. “Today is climate day at the White House, which means today is jobs day at the White House,” Biden said at a White House ceremony. “In my view, we’ve already waited too long to deal with this climate crisis and we can’t wait any longer. It is time to act.” Also on Wednesday, former Michigan Governor Jennifer Granholm testified at her confirmation hearing before the Senate Energy and Natural Resources Committee and promised to focus on creating U.S. jobs in clean energy while moving away from fossil fuels. She cited her time as Michigan governor, saying that “when we focused on providing incentives for job providers to locate in Michigan in clean energy, they came.” However, she added, “I think it is important that as we develop fossil fuels that we also develop the technology to reduce greenhouse gas emissions.”
Weeks after other Latin American countries began inoculating their citizens against coronavirus, Brazil finally administered its first shot on Jan. 17 using China's Sinovac Biotech Ltd vaccine. With efficacy of just over 50% - barely above Brazil's threshold for regulatory approval - the Chinese shot was not the government's first choice. The country's principle strategy - to manufacture 100 million doses of the AstraZeneca PLC vaccine locally - has been plagued by repeated delays.
- Associated Press
A former teacher extradited from Israel after a six-year legal battle appeared in an Australian court Thursday to face child sex abuse charges. Malka Leifer, 54, appeared in Melbourne Magistrates Court by video link from a police station where she is in COVID-19 quarantine. Guards in the room with Leifer confirmed that the audio-visual link was working.
- Yahoo News Video
China toughened its language toward Taiwan on Thursday, warning after recent stepped-up military activities near the island that "independence means war" and that its armed forces were taking action to respond to provocation and foreign interference.
- The Telegraph
A doctor with terminal cancer killed a female paediatrician and then himself after taking hostages at a children's clinic in Austin, Texas. Dr Bharat Narumanchi held hostages in a five-hour siege before killing Dr Katherine Lindley Dodson. Narumanchi had applied for a volunteer position at the clinic a week ago and was declined. He later came back carrying a pistol, a shotgun and two duffel bags. Police spokesman Jeff Greenwalt said Narumanchi had recently been given "weeks to live" after a cancer diagnosis. He said: "The case as far as who did this is closed. We know who did it. And we know that there's no longer a threat to the public. But we really, really want to answer the question of why." Dr Lindley Dodson, 43, was beloved by patients and their families. Karen Vladeck, whose two children were among her patients, told the Austin American-Statesman: "You saw her at your worst when your kid was sick, and she just always had a smile on her face. "She made you feel like you were the only parent there, even though there was a line of kids waiting." During the siege a SWAT team used a megaphone to communicate with the armed doctor. A hostage negotiator shouted: "Your life is very important to me. And I know life is very important to you. "You don't deserve to go through this. For all you have done for others. That is why I want to help you work through this. You have saved a lot of lives." Police first sent in a robot and then officers went into the medical office where they found two bodies. They did not comment on how the two doctors died. A police spokesman said: "The SWAT situation has ended. Two subjects have been located and were pronounced deceased."
- NBC News
Analysis: Biden had nothing to gain and everything to lose from fighting a quixotic war over the filibuster just days into his presidency.
Explainer: Why Trump's post-presidency perks, like a pension and office, are safe for the rest of his life
The impeachment proceeding against Donald Trump on a charge of inciting the Jan. 6 attack on the U.S. Capitol has fueled speculation online that he could lose some of the benefits extended to former presidents. But according to legal experts, under the laws currently in effect, Trump will retain perks including a pension, office space and security detail even in the unlikely event that he is convicted by the Senate in its impeachment trial. Trump can thank a relatively obscure law, the Former Presidents Act.
- Associated Press
At least two journalists tested positive for coronavirus after witnessing the Trump administration's final three federal executions, but the Bureau of Prisons knowingly withheld the diagnoses from other media witnesses and did not perform any contact tracing, The Associated Press has learned. The AP is not identifying the journalists, but has confirmed they both received positive coronavirus tests following the executions earlier this month at the Federal Correctional Complex in Terre Haute, Indiana. The Bureau of Prisons just completed a record number of executions under former President Donald Trump, more than any previous administration.