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Republicans will keep control of the Senate, a result that was not unexpected but still never assured in this unpredictable political environment until voters had their say. The outcome represents a significant victory for the GOP and President Donald Trump.Despite a seemingly energized grassroots electorate, the Democratic Party has been viewed as a long shot to take back control of the Senate where Republicans currently hold a narrow majority of 51 seats to 49 seats for Democrats.PHOTOS: Election Day 2018 across the nationDemocrats face a daunting Senate map in the 2018 midterms and have been forced to defend 10 seats in states that President Donald Trump won in the 2016 presidential election, including North Dakota, Montana, West Virginia, Indiana and Missouri. 782
President Donald Trump's former lawyer and fixer, Michael Cohen, was sentenced Wednesday to three years in prison after saying he took "full responsibility" for his actions while at the same time blaming the President.His sentence will be the longest thus far for anyone involved with the President or stemming from special counsel Robert Mueller's investigation into Russian meddling in the 2016 election."I take full responsibility for each act that I pled guilty to: The personal ones to me and those involving the President of the United States of America," Cohen said.But he also said he was living in a "personal and mental" prison since he started working for Trump."Recently the President tweeted a statement calling me weak and it was correct but for a much different reason than he was implying. It was because time and time again I felt it was my duty to cover up his dirty deeds," Cohen said."This may seem hard to believe, but today is one of the most meaningful days of my life," Cohen added later. "I have been living in a personal and mental incarceration ever since the day that I accepted the offer to work for a real estate mogul whose business acumen that I deeply admired."Inside the courtroom, Cohen's family was visibly emotional. Cohen did not speak to reporters upon leaving the courthouse.He previously pleaded guilty to eight criminal counts brought by federal prosecutors in New York, and received 36 months for those crimes. Cohen also pleaded guilty to one campaign finance-related count from Mueller's team, for which he was sentenced to two months.Cohen will serve the sentences concurrently.US District Judge William Pauley described the crimes that Cohen had pleaded guilty to as "a veritable smorgasbord of fraudulent conduct" before announcing his sentence.Pauley also ordered Cohen to pay .39 million in restitution, forfeit 0,000 and pay a ,000 fine. Cohen was ordered to report to prison in March. 1958
Researchers in Thailand have been trekking though the countryside to catch bats in their caves in an effort to trace the murky origins of the coronavirus.Initial research has already pointed to bats as the source of the virus that has afflicted more than 20.5 million people and caused the deaths of over 748,000 worldwide, according to Johns Hopkins University data. The closest match to the coronavirus has been found in horseshoe bats in Yunnan in southern China.Thailand has 19 species of horseshoe bats but researchers said they have not yet been tested for the new coronavirus.Thai researchers hiked up a hill in Sai Yok National Park in the western province of Kanchanaburi to set up nets to trap some 200 bats from three different caves.The team from the Thai Red Cross Emerging Infectious Diseases-Health Science Center took saliva, blood and stool samples from the bats before releasing them. They worked through the night and into the next day, taking samples not only from horseshoe bats but also from other bat species they caught in order to better understand pathogens carried by the animals.The team was headed by Supaporn Wacharapluesadee, the center’s deputy chief, who has studied bats and diseases associated with them for more than 20 years. He was part of the group that helped Thailand confirm the first COVID-19 case outside China in January.She believes it is likely they will find in Thailand’s bats the same virus that causes COVID-19.“The pandemic is borderless,” she said. “The disease can travel with bats. It could go anywhere.” 1567
President Donald Trump says he has asked the SEC to study whether to stop requiring companies to report quarterly earnings.In speaking to business leaders, one told him a twice-a-year reporting system would allow companies the flexibility and cost savings companies need to "Make business (jobs) even better in the U.S." Trump tweeted Friday morning. Trump said he directed the SEC to look into a change in its requirements.Public companies must report their sales, profits and the state of the company's balance sheet every quarter. That has been required since the Securities Exchange Act of 1934, which was put in place to give more confidence and transparency to investors in the wake of the 1929 stock market crash. That act also created the SEC, which sets the regulations which govern those quarterly reports.Businesses have long complained that the reports require company executives to focus too much on the short term. Juicing numbers impresses investors, but it can force companies to miss out on long term trends. One of the reasons Tesla CEO Elon Musk wants to take his company private, he told his employees last week, was the way quarterly reports distort decisions at the company.President Barack Obama has also criticized quarterly reports.Speaking to the New York Review of Books in 2015, Obama said that he had talked to a large number of businesses executives who told him, "Because they've got quarterly reports to shareholders and if they've made a long-term investment that may pay off way down the line, or if they're paying their employees more now because they think it's going to help them retain high-quality employees, a lot of times they feel like they're going to get punished in the stock market. And so they don't do it, because the definition of being a successful business is narrowed to what your quarterly earnings reports are."Shareholders, however, use the quarterly earnings reports as a guide to the quality and health of their investments. Without quarterly financial reports, investors could be blind to important risk factors that could damage their portfolios.The president has run privately-held companies that didn't have to report results at all during most of his time in business,The European Commission, among others, only requires semi-annual financial reports of companies there, although major European companies whose stock is traded in both the United States and Europe will report on a quarterly basis in order to comply with SEC regulations.The-CNN-Wire 2519
RAMONA, Calif. (KGTV) -- A San Diego County gym owner has been charged with several misdemeanors for violating public health orders, according to the District Attorney’s Office.According to the DA, Peter San Nicolas, owner of Ramona Fitness Center, is facing five charges for “violation of California emergency services act.”According to the document, each of the misdemeanors carry a ,000 fine.The complaint states that from June 2 through July 17, San Nicolas “did refuse and willfully neglect to obey a lawful order.”San Nicolas says he violated the orders because he felt it was the right thing to do. He is getting legal help to fight the charges."It's about all businesses; small businesses like the salon across the street, the coffee shop down the road, the couple of new restaurants that have opened and are struggling." San Nicolas said. "It's not about me anymore. It's about all small business, and I feel it's my duty to stand up.""We understand and sympathize with the significant hardship placed on businesses who are required to remain closed. But public health orders are in place to safeguard the health of everyone in our community amid this deadly pandemic,” the District Attorney’s office said.“Along with our law enforcement partners, we work with businesses to give them opportunities to achieve voluntary compliance. But when the public health order is ignored and the law is broken, the public's health is at risk and we will file charges,” a statement continued.The move marks the first time the office has filed charges over the public health order. 1586