Dow Jones Surges Above 30,000, Led By JPMorgan, American Express; FedEx Hits Buy Point

Dow Jones Surges Above 30,000, Led By JPMorgan, American Express; FedEx Hits Buy Point
KEN SHREVE

The Dow Jones surged above the 30,000 level Tuesday, helped by another rally in economic recovery stocks. Energy, airline and financial stocks outperformed.

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  • Biden and Boris to 'decide destiny of the world' as they bury hatchet over double visit to the UK

    Joe Biden believes a patched-up relationship with Boris Johnson will help to decide the "destiny of the world" as the president-elect is set to head to the UK for his first foreign visit outside of North America, sources have told the Telegraph. A close friend of Mr Biden said the leaders will bury differences over Brexit as British officials said they expected the UK to be one of the first foreign destinations, in what would be a major diplomatic coup for Mr Johnson. Mr Biden is due to be sworn in on Wednesday. Sources who would be closely involved in any visit have circled the G7 summit in June, hosted in the UK, as the potential date for the new president’s trip across the Atlantic. Mr Biden opposed Brexit, and feels strong loyalties to his ancestral home in Ireland. He warned repeatedly last year, including directly to Mr Johnson, that the Good Friday Agreement must not become a "casualty of Brexit". But a friend of Mr Biden told The Telegraph: "Boris is a conservative, Joe's a moderate [Democrat] so I think they can get over it. I think they'll end up getting along. "Joe's view will be that they'll have the destiny of the world on their shoulders so he'll want to overcome any political differences. "I think there'll be more empathy than there was between Boris and Donald Trump. Boris seemed to get along with Trump, but I don't know if he really did."

  • Rand Paul Warns One Third of Republicans Will Leave Party if GOP Senators Back Impeachment

    Senator Rand Paul (R., Ky.) warned Friday that one third of Republican voters could leave the party if GOP senators vote in impeachment proceedings to convict President Trump. Paul made the comments in an interview on Fox News’s The Ingraham Angle. The senator’s remarks come amid an increasing divide between congressional Republicans who oppose impeaching the president, and a smaller number who support the measure following the riots at the Capitol on January 6. Senate Majority Leader Mitch McConnell (R., Ky.) is reportedly hopeful that Republicans can use impeachment to purge Trump from the GOP, although he would need the support of at least 16 additional Republican senators to vote to convict. “Look, I didn’t agree with the [Capitol] fight that happened last week, and I voted against overturning the election, but at the same time, the impeachment is a wrongheaded, partisan notion, [and] if Republicans go along with it, it’ll destroy the party,” Paul said during the interview. “A third of the Republicans will leave the party,” Paul continued. “This isn’t about, anymore, the Electoral College, this is about the future of the party, and whether you’re going to ostracize and excommunicate President Trump from the party. Well, guess what,? Millions of his fans will leave as well.” While a majority of Americans believe Trump should be removed from office immediately, just 17 percent of Republicans support expelling Trump from the presidency, according to an Axios–Ipsos poll released on Thursday. Support for Trump among Republicans has fallen since the Capitol riots, however 60 percent believe the party should continue to follow Trump once he leaves office, an ABC News/Washington Post poll found.

  • MAGA protester punched by Black woman security guard fired by UMass Hospital

    The white woman caught on tape getting into a physical altercation with a Black female security guard the evening before the Capitol riots lost her job at UMass Hospital. The termination occurred after her daughter went viral for exposing her identity on social media. On January 5th, Therese Duke and a group of pro-Trump protesters that included other family members were filmed harassing Ashanti Smith, a security guard working at Black Lives Matter Plaza in Washington D.C.

  • Congresswoman's spokesman quits less than 2 weeks into term

    The spokesman for Republican U.S. Rep. Lauren Boebert has quit less than two weeks after she was sworn into office, saying he was prompted to by the insurrection at the nation's Capitol. Ben Goldey confirmed his departure to The Colorado Sun after it was first reported on Saturday by Axios. The Sun reported that Goldey did not respond to additional questions, but he told Axios he was leaving in the wake of a deadly Jan. 6 riot at the U.S. Capitol.

  • Fort Bliss Soldier Charged with Raping Fellow Soldier a Year Before Her New Year's Eve Death

    A 1st Armored Division soldier at Fort Bliss, Texas has been charged with sexually assaulting three women over the past year, including a fellow soldier who was found dead a year on New Year's Eve.

  • More Inside Artist Jorge Pardo's Transformed Bushwick Carriage House

    When it came to the lighting in his home, Pardo drew inspiration from the insides of fruits, nuts, and seeds, as well as sea creatures and machine parts.Originally Appeared on Architectural Digest

  • Trump reportedly began 'choreographing' premature victory speech weeks before election

    President Trump is known for going off script, but his premature presidential election victory declaration in the early hours of the morning on Nov. 4 wasn't a completely spur-of-the-moment decision, Axios' Jonathan Swan reports.In the first installment of a reported series on Trump's final two months in office, Swan writes that Trump began "choreographing election night in earnest" during the second week of October following a "toxic" debate with President-elect Joe Biden on Sept. 29 and a bout with COVID-19 that led to his hospitalization. At that point, Trump's internal poll numbers had reportedly taken a tumble, Swan notes.With that in mind, he reportedly called his first White House chief of staff, a stunned Reince Priebus, and "acted out his script, including walking up to a podium and prematurely declaring victory on election night if it looked like he was ahead." Indeed, in the lead up to Election Day, Trump reportedly kept his focus on the so-called "red mirage," the early vote counts that would show many swing states leaning red because mail-in ballots had yet to be counted. Trump, Swan reports, intended to "weaponize it for his vast base of followers," who would go to bed thinking he had secured a second-term, likely planting the seeds of a stolen election. Read more at Axios. > As I've been writing, the plan was to steal the election all along. Fantastic reporting here. https://t.co/k8C73o8vH7> > -- Jonah Goldberg (@JonahDispatch) January 16, 2021More stories from theweek.com 5 more scathing cartoons about Trump's 2nd impeachment GOP officials are reportedly worried controversial pro-Trump House members could run for Senate, governor Here's what Biden reportedly plans to do his 1st day in office

  • Biden nominates Atlanta Mayor Keisha Lance Bottoms to DNC post

    Bottoms is set to be vice chair in charge of the campaign organization’s civic engagement and voter protection. Atlanta Mayor Keisha Lance Bottoms has been nominated by President-elect Joe Biden as a vice chair of the Democratic National Committee. In the role, Bottoms would be in charge of civic engagement and voter protection.

  • Amid cacophony since Capitol siege, key officer stays silent

    In the week since a mob laid siege to the U.S. Capitol, the House has impeached President Donald Trump. Twitter and other social media sites have banned Trump and thousands of other accounts. Officer Eugene Goodman isn't saying whether he thinks he saved the Senate, as many of the millions who've viewed the video believe.

  • Wuhan lab staff were first victims or coronavirus, says US

    The US claimed on Saturday that staff at a Chinese virology laboratory became sick with a Covid-like illness in autumn 2019, months before the coronavirus spread widely from Wuhan. In a long-awaited document from the state department, the Trump administration called for an investigation as it published dubious accusations that a possible "laboratory accident" at the Wuhan Institute of Virology (WIV) may be the source of the global pandemic. The claims were dismissed by analysts who insist the disease came from a naturally occurring event. In a statement late on Friday claiming to reveal "undisclosed information", the state department said it "has reason to believe that several researchers inside the WIV became sick in autumn 2019, before the first identified case, with symptoms consistent with both Covid-19 and common seasonal illnesses." The statement also said that the lab had been carrying out research on a bat coronavirus similar to the Sars-CoV-2 strain that spread globally and that the lab had collaborated with China's military on publications and secret projects. Some experts were nonplussed by the announcement. "Zero details given," noted Kristian Andersen, an immunologist at Scripps Research, rating the statement as "an F". The fact that Wuhan was home to the world's leading coronavirus research facility before it became known as ground zero for the pandemic has led to speculation that the virus could have originated in the lab.

  • GOP officials are reportedly worried controversial pro-Trump House members could run for Senate, governor

    Georgia and Arizona were two of the most crucial states in this election cycle, and it looks like they'll remain at the forefront of the coming battle within the Republican Party, The New York Times reports.Things have grown tense in the Sun Belt states, where mainstream Republicans are hoping to fend off President Trump's allies. In Arizona, for instance, the state GOP is trying to censure Republican Gov. Doug Ducey — as well as former Sen. Jeff Flake (R-Ariz.) and Cindy McCain — in part because he has been "deemed insufficiently beholden to Trump," Politico reports. In Georgia, there's a faction on the right that wants to defeat Gov. Brian Kemp (R), who has faced Trump's wrath for not supporting his election conspiracy theories, in a gubernatorial primary in 2022.Both situations reportedly have the more traditional half of the Republican Party concerned — privately, the Times reports, GOP officials are concerned some high-profile members of the House that are considered staunch Trump loyalists who have "propagated fringe conspiracy theories," like Rep. Marjorie Taylor Greene (R-Ga.) and Rep. Andy Biggs (R-Ariz.), as well as Rep. Lauren Boebert (R-Colo.), could launch campaigns for Senate seats and governorships in their states in 2022. So, even as, per USA Today, Republican senators ponder whether to vote to convict President Trump in his upcoming impeachment trial, and then potentially vote to bar him from future public office, their fight against him is seemingly far from over. Read more at The New York Times, Politico, and USA Today.More stories from theweek.com Trump reportedly began 'choreographing' premature victory speech weeks before election 5 more scathing cartoons about Trump's 2nd impeachment Here's what Biden reportedly plans to do his 1st day in office

  • Aide to Lauren Boebert resigns following Capitol riots

    ‘Following the events of January 6th, I’ve decided to part ways with the office,’ said comms director Ben Goldey

  • European powers press Iran to back off latest nuclear move

    Germany, France and Britain pressed Iran on Saturday to back off the latest planned violation of its 2015 nuclear deal with world powers, saying that Tehran has “no credible civilian use” for uranium metal. The International Atomic Energy Agency said Thursday Iran had informed it that it had begun installing equipment for the production of uranium metal. It said Tehran maintains its plans to conduct research and development on uranium metal production are part of its “declared aim to design an improved type of fuel.”

  • California sees record highs as Midwest deals with blizzard conditions

    As blizzard conditions impacted parts of the Midwest, two Southern California coastal locations registered a national high temperature of 94.

  • ‘You are violating my rights!’ Florida woman jailed — again — for refusing to wear a mask

    Cindy Falco Dicorrado may have wanted a bagel at an Einstein Bros. Bagels near Boca Raton but she may have had to settle for eating one in a Palm Beach County jail the next morning.

  • Trump's team is reportedly trying to assemble a crowd for a 'major send-off' hours before Biden's inauguration

    President Trump is planning to exit the White House on the morning of Jan. 20, a few hours before President-elect Joe Biden is sworn in a short distance away, CNN reports. "Eager for a final taste of the pomp of being president, Trump has asked for a major send-off," and "as one of their final acts, Trump's team is working to organize a crowd to see him off on the morning of Biden's inauguration, when he plans to depart Washington while still president" for a flight to Palm Beach, Florida, where his term will officially end at noon.There are 20,000 National Guard troops currently deployed or en route to Washington, D.C., ahead of Biden's inauguration, because the last crowd Trump drew to the White House morphed into an insurrectionist mob that stormed the Capitol.Plans are still being ironed out, CNN says, but "Trump told people he did not like the idea of departing Washington for a final time as an ex-president, flying aboard an airplane no longer known as Air Force One. He also did not particularly like the thought of requesting the use of the plane from Biden." The Bidens will wake up on Inauguration Day at nearby Blair House, CNN reports, adding that "its use was offered to them by the State Department rather than the Trumps, who refuse to make contact with the incoming president and first lady.""Trump has expressed interest to some in a military-style sendoff and a crowd of supporters," CNN says, but it's unclear "whether that occurs at the White House, Joint Base Andrews, or his final destination, Palm Beach International Airport."Outgoing U.S. presidents almost always attend the swearing-in of their successors, Defense One notes, and "in recent decades, the outgoing president and first lady walk down the back steps of the Capitol to an awaiting helicopter, which then makes the short five-minute flight over to Joint Base Andrews in nearby Maryland. Upon arriving at Andrews, the former president and first lady are usually greeted by a military honor guard, former staffers, friends, and other well wishers." Two senior Pentagon officials confirmed to Defense One on Thursday that, in a break with recent tradition, no military farewell is being planned for Trump.More stories from theweek.com Trump reportedly began 'choreographing' premature victory speech weeks before election 5 more scathing cartoons about Trump's 2nd impeachment GOP officials are reportedly worried controversial pro-Trump House members could run for Senate, governor

  • Trump supporter sued after refusing to pay $100 bet over election results

    A friendly $100 wager over the 2020 presidential election has landed in a Florida small claims court.

  • Sparse trees, little work for woodcutters in squeezed Gaza

    With a chainsaw in his car, Ahmed Abdelal tours the Gaza Strip, asking around for people wanting to cut down trees, regrow orchards or make way for construction. One of the few remaining woodcutters in the Palestinian territory, Abdelal, who learned woodcutting from his father, is struggling to scratch out a living in a traditional job that is less and less in demand. Job opportunities are rare in this Palestinian enclave wedged between Israel, Egypt and the Mediterranean Sea, and so are green spaces.

  • Pakistan approves AstraZeneca COVID-19 vaccine for emergency use

    AstraZeneca's COVID-19 vaccine has been approved for emergency use in Pakistan, the health minister said on Saturday, making it the first coronavirus vaccine to get the green light for use in the South Asian country. Pakistan, which is seeing rising numbers of coronavirus infections, said its vaccines would be procured from multiple sources. "DRAP granted emergency use authorisation to AstraZeneca's COVID vaccine," the health minister, Faisal Sultan, told Reuters.

  • Latino leaders call out Trump disinformation campaign in Miami Spanish-language media

    Latino leaders from more than 20 local advocacy groups have denounced the spread of misinformation in South Florida Spanish-language media, warning in an open letter that “hateful rhetoric can have deadly consequences.”