Top News Stories For Today – Oct 4, 2017
Trump heads to Las Vegas
President Trump is going to Las Vegas on Wednesday to meet with law enforcement personnel and survivors of Sunday night’s mass shooting at a country music festival on the Las Vegas strip. At least 59 people were killed and more than 500 injured when a gunman, Stephen Paddock, shot on the festival-goers from the 32nd floor of the nearby Mandalay Bay hotel and casino.
Trump said on Tuesday that he is going to “pay our personal respects and condolences to everybody. What happened is such a tragedy. So unnecessary. Who can believe what happened to Las Vegas?” Trump will be joined by first lady Melania Trump, House Majority Leader Kevin McCarthy (R-Calif.) and Rep. Mark Amodei (R-Nev.). The Associated Press, The Week
Trump on Puerto Rico’s $73 billion debt
President Trump promised relief for debt-wracked and hurricane-ravaged Puerto Rico on Tuesday, although he was not clear on specifics. “We’re going to do something,” Trump told Fox News’ Geraldo Rivera on Hannity. “We’re going to get it back on its feet.”
Puerto Rico’s $73 billion in debt stems from a recession that began in 2006, and complications with the fact that by virtue of being a territory, the island cannot invoke bankruptcy. “You know, they owe a lot of money to your friends on Wall Street, and we’re going to have to wipe that out,” Trump told Rivera. “You can say goodbye to that. I don’t know if it’s Goldman Sachs, but whoever it is, you can wave goodbye to that.” The New York Times, Fox News, The Week
2013 Yahoo data breach
The 2013 Yahoo data breach was much larger than previously disclosed, with every single account affected, Yahoo’s parent company, Verizon, announced Tuesday. When Yahoo revealed in late 2016 that hackers stole information from users three years earlier, it said that 1 billion accounts were likely affected, but Verizon said it recently learned the breach actually hit 3 billion accounts.
The hackers stole personal information, including names, birth dates, email addresses, phone numbers, scrambled passwords, and security questions and answers, Yahoo said, but not credit card or bank account information. Yahoo has been unable to track down the perpetrators. NPR
3 scientists split Nobel in Chemistry
The Royal Swedish Academy of Sciences awarded the 2017 Nobel Prize in chemistry to Jacques Dubochet, 75, Joachim Frank, 77, and Richard Henderson, 72, “for developing cryo-electron microscopy for the high-resolution structure determination of biomolecules in solution” — or a “cool microscope technology” that will revolutionize biochemistry.
Henderson, at Cambridge, developed a way to examine living molecules under an electron microscope, and Frank, at Columbia, made the technology widely applicable; Dubochet, at the University of Lausanne, added water to electron microscopy. Their cryo-electron microscopy technique “has moved biochemistry into a new era,” giving scientists a new method that should prove “decisive for both the basic understanding of life’s chemistry and for the development of pharmaceuticals,” like a vaccine against the Zika virus. Nobel Committee
Catalonia may declare independence soon
The King of Spain is straight-up ticked off at leaders in Catalonia over the region’s independence referendum. In a rare TV address, King Felipe said the referendum’s organizers “and their irresponsible attitude” had jeopardized Spain’s stability. He did not, however, mention the violence that occurred when Spanish police tried to forcibly remove people from the polls.
Those clashes left nearly 900 people injured. The King’s tough talk must be falling on deaf ears though, because Catalonia’s leader told the BBC that the region could declare independence as early as the end of this week. CNN
Ford plans $14B in cost cuts
Ford Motor Co.’s new CEO plans to cut $14 billion in costs, drop some car models and focus the company’s resources on trucks, SUVs and electric vehicles as part of a renewed effort to win over skeptical investors.
Jim Hackett, who became Ford’s CEO in May, met with around 100 investors Tuesday in New York to lay out his plans for the future. He said getting the company lean and flexible will help it handle the changes the auto industry is facing, from car-sharing to self-driving vehicles, to the shift to electric cars. VOA
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