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Walmart, Amazon kick off government online pilot program

Posted on: April 18th, 2019 by ABC News No Comments

Walmart, Amazon kick off government pilot to allow shoppers on food assistance to order groceries online

Walmart, Amazon kick off government online pilot program

Posted on: April 18th, 2019 by ABC News No Comments

Walmart, Amazon kick off government pilot to allow shoppers on food assistance to order groceries online

BMW adds nearly 185,000 vehicles to recall over fire risk

Posted on: April 18th, 2019 by ABC News No Comments

BMW is adding nearly 185,000 vehicles in the U.S. to a 2017 recall for possible engine fires

BMW adds nearly 185,000 vehicles to recall over fire risk

Posted on: April 18th, 2019 by ABC News No Comments

BMW is adding nearly 185,000 vehicles in the U.S. to a 2017 recall for possible engine fires

Corporate deal-making dips in 1Q on trade, economy fears

Posted on: April 18th, 2019 by ABC News No Comments

Global deal-making fell during the first quarter but the U.S. managed to show an increase

Corporate deal-making dips in 1Q on trade, economy fears

Posted on: April 18th, 2019 by ABC News No Comments

Global deal-making fell during the first quarter but the U.S. managed to show an increase

Disney Cruise Line debuts Captain Minnie Mouse, aims to inspire girls

Posted on: April 18th, 2019 by ABC News No Comments

Disney Cruise Line(NEW YORK) — Aye, aye, Captain Minnie Mouse!

Disney Cruise Line announced Thursday the debut of Captain Minnie Mouse. The cruise line aims to inspire the next generation of female leaders in the maritime industry.

In addition to the first ever pants-wearing Captain Minnie, DCL’s new youth programs and the funding of scholarships are designed to empower girls and young women to pursue careers in the cruise industry.

“Captain Minnie Mouse, in her crisp new uniform with smart white trousers or skirt and a bold red jacket emblazoned with captain’s insignia, will make the rounds on all Disney ships starting in April,” Disney Cruise Line said.

In 2019, Disney Cruise Line will sponsor four scholarships at the LJM Maritime Academy in the Bahamas for female cadets who aspire to be ship captains and shipboard leaders. The scholarships, one for each of the ships in the Disney Cruise Line fleet, will include tuition to the three-year program. The scholarships will include two years of study at the academy and one year of service aboard a Disney ship.

Later this year, Captain Minnie will appear in an all-new youth activity where young captain hopefuls practice STEM (science, technology, engineering and math) skills in a fun maritime-themed activity in Disney’s Oceaneer Lab aboard all Disney ships.

She’ll also visit kids in local communities. Captain Minnie Mouse will visit children in some of Disney Cruise Line’s home ports and ports of call. As part of these local community visits, Captain Minnie Mouse will be accompanied by a female Disney Cruise Line officer or crew member to showcase their roles in the maritime industry and raise awareness about career choices for women aboard a cruise ship.

And of course, there’s merchandise.

Items in the nautical-themed collection of apparel and gifts tout the tagline, “You Can Call Me Captain.” A brand-new Captain Minnie Mouse plush will be introduced this summer. On board in DCL’s Bibbidi Bobbidi Boutique, girls will soon be able to choose a Captain Minnie makeover. A new PANDORA Jewelry charm will also be available for purchase exclusively on board.

The Walt Disney Company is the parent company of ABC News.

Copyright © 2019, ABC Radio. All rights reserved.

Disney Cruise Line debuts Captain Minnie Mouse, aims to inspire girls

Posted on: April 18th, 2019 by ABC News No Comments

Disney Cruise Line(NEW YORK) — Aye, aye, Captain Minnie Mouse!

Disney Cruise Line announced Thursday the debut of Captain Minnie Mouse. The cruise line aims to inspire the next generation of female leaders in the maritime industry.

In addition to the first ever pants-wearing Captain Minnie, DCL’s new youth programs and the funding of scholarships are designed to empower girls and young women to pursue careers in the cruise industry.

“Captain Minnie Mouse, in her crisp new uniform with smart white trousers or skirt and a bold red jacket emblazoned with captain’s insignia, will make the rounds on all Disney ships starting in April,” Disney Cruise Line said.

In 2019, Disney Cruise Line will sponsor four scholarships at the LJM Maritime Academy in the Bahamas for female cadets who aspire to be ship captains and shipboard leaders. The scholarships, one for each of the ships in the Disney Cruise Line fleet, will include tuition to the three-year program. The scholarships will include two years of study at the academy and one year of service aboard a Disney ship.

Later this year, Captain Minnie will appear in an all-new youth activity where young captain hopefuls practice STEM (science, technology, engineering and math) skills in a fun maritime-themed activity in Disney’s Oceaneer Lab aboard all Disney ships.

She’ll also visit kids in local communities. Captain Minnie Mouse will visit children in some of Disney Cruise Line’s home ports and ports of call. As part of these local community visits, Captain Minnie Mouse will be accompanied by a female Disney Cruise Line officer or crew member to showcase their roles in the maritime industry and raise awareness about career choices for women aboard a cruise ship.

And of course, there’s merchandise.

Items in the nautical-themed collection of apparel and gifts tout the tagline, “You Can Call Me Captain.” A brand-new Captain Minnie Mouse plush will be introduced this summer. On board in DCL’s Bibbidi Bobbidi Boutique, girls will soon be able to choose a Captain Minnie makeover. A new PANDORA Jewelry charm will also be available for purchase exclusively on board.

The Walt Disney Company is the parent company of ABC News.

Copyright © 2019, ABC Radio. All rights reserved.

A glance at US mortgage rates

Posted on: April 18th, 2019 by ABC News No Comments

Average mortgage rates rose moderately this week, though they are still lower than they were a year ago

A glance at US mortgage rates

Posted on: April 18th, 2019 by ABC News No Comments

Average mortgage rates rose moderately this week, though they are still lower than they were a year ago

US mortgage rates increased this week with 30-year at 4.17%

Posted on: April 18th, 2019 by ABC News No Comments

US long-term mortgage rates increased this week, though they remain lower than a year ago in a positive sign for home sales

US mortgage rates increased this week with 30-year at 4.17%

Posted on: April 18th, 2019 by ABC News No Comments

US long-term mortgage rates increased this week, though they remain lower than a year ago in a positive sign for home sales

Six tips for millennial home buyers from realtors across the country

Posted on: April 18th, 2019 by ABC News No Comments

Feverpitched/iStock(NEW YORK) — When it comes to home buying, millennials rule the game.

Millennials as a whole accounted for 37 percent of all buyers last year, making them the most active generation of buyers for the sixth consecutive year, according to the National Association of Realtors’ 2019 Home Buyer and Seller Generational Trends study.

Many millennials are first-time home buyers, learning to navigate the world of loans, mortgages and interest rates. Millennials also bring to the real estate table considerations that generations before them have not faced in such depth, like student debt.

With their specific needs, millennials need specific advice. ABC News’ Good Morning America asked realtors across the country for their top tips for millennial buyers.

Here is their advice in their own words:

Tip #1: Get your finances in order before you shop

I often tell clients that the easiest part is finding the property, the biggest (and in my opinion the first) piece of the puzzle is one’s finances and determining which type of financing they should take advantage of so that they are in the best position to go out and “shop.” This goes for a buyer of any age, but especially a younger buyer who might not have a significant financial history and therefore need to explore unique lending opportunities.

Talk to your realtor and ask them for a lender (or two) they’d recommend you chat with. Another thing to keep in mind, is that going in to the bank that you use is not often the best option. Larger banks have more restrictive guidelines that might not allow a buyer to find the best financing option as well as be competitive in the market.

It’s never too early to talk to a lender especially if you think you have some financial messiness you need to fix. They can help you get a game plan together.

– Danai Mattison Sky, sales manager, Long and Foster Realty, Washington D.C.

Tip #2: Don’t settle

The first home you look at may be “The One”, or it may be the 10th home. If you don’t have a good feeling before buying a house, that feeling will still be there after you buy the house, so trust your instincts and don’t settle!

– Ashley Christie, realtor and broker associate, GRI, Tampa, Florida

Tip #3: Think long-term

A hip condo downtown may seem like a great place to establish your first permanent residence, but consider how that investment looks in five years. Where will your career take you? What appreciation does the area have?

If a single-family home is too daunting, consider an attached duplex or town home with a smaller lot size. You will have a broader pool of buyers in the future and the equity gain often exceeds that of a high-rise building.

– Heather Heuer, Denver Metro Association of REALTORS Chair-Elect, Denver, Colorado

Tip #4: Don’t assume that you cannot buy

The sooner you buy a home the closer you are to financial freedom. Once you buy property you stop paying someone else’s mortgage and you start paying your own.

However, make sure that you first get pre-approved and talk to a good local lender to understand how much you can buy and what the costs will be to buy. Talking to a lender may show you that you need to improve you’re credit a bit or pay off a few more student loans but the sooner you know the sooner you can be ready to get into a home.

– Bill Head, MetroTex Association of REALTORS, Dallas, Texas

Tip #5: Determine your ‘must haves’

Buyers in their early 30s tend to be more established in life. I encourage these buyers to give me a list of what is a must have vs a want in their future home. We reference this list often throughout the buying process and will even sometimes make changes to the initial list after we have seen a house or two.

This list is imperative especially if a husband and wife have different wants or needs. Lastly, this also gives them peace of mind that they really have found the “perfect” house when making an offer because the house will typically check off all the boxes on their wish list.

– Marie A. Gregorio, realtor, Century 21, Tampa, Florida

Tip #6: Ask a lot of questions

Ask a lot of questions of your realtor. There really should be no question to big or small to ask, whether its strategizing about a putting together a competitive offer or identifying an inspector or lender or anything else. Consulting them is a good complement to your own research.

– Thomas P. Daley, realtor and broker, Washington, D.C.

Copyright © 2019, ABC Radio. All rights reserved.

Six tips for millennial home buyers from realtors across the country

Posted on: April 18th, 2019 by ABC News No Comments

Feverpitched/iStock(NEW YORK) — When it comes to home buying, millennials rule the game.

Millennials as a whole accounted for 37 percent of all buyers last year, making them the most active generation of buyers for the sixth consecutive year, according to the National Association of Realtors’ 2019 Home Buyer and Seller Generational Trends study.

Many millennials are first-time home buyers, learning to navigate the world of loans, mortgages and interest rates. Millennials also bring to the real estate table considerations that generations before them have not faced in such depth, like student debt.

With their specific needs, millennials need specific advice. ABC News’ Good Morning America asked realtors across the country for their top tips for millennial buyers.

Here is their advice in their own words:

Tip #1: Get your finances in order before you shop

I often tell clients that the easiest part is finding the property, the biggest (and in my opinion the first) piece of the puzzle is one’s finances and determining which type of financing they should take advantage of so that they are in the best position to go out and “shop.” This goes for a buyer of any age, but especially a younger buyer who might not have a significant financial history and therefore need to explore unique lending opportunities.

Talk to your realtor and ask them for a lender (or two) they’d recommend you chat with. Another thing to keep in mind, is that going in to the bank that you use is not often the best option. Larger banks have more restrictive guidelines that might not allow a buyer to find the best financing option as well as be competitive in the market.

It’s never too early to talk to a lender especially if you think you have some financial messiness you need to fix. They can help you get a game plan together.

– Danai Mattison Sky, sales manager, Long and Foster Realty, Washington D.C.

Tip #2: Don’t settle

The first home you look at may be “The One”, or it may be the 10th home. If you don’t have a good feeling before buying a house, that feeling will still be there after you buy the house, so trust your instincts and don’t settle!

– Ashley Christie, realtor and broker associate, GRI, Tampa, Florida

Tip #3: Think long-term

A hip condo downtown may seem like a great place to establish your first permanent residence, but consider how that investment looks in five years. Where will your career take you? What appreciation does the area have?

If a single-family home is too daunting, consider an attached duplex or town home with a smaller lot size. You will have a broader pool of buyers in the future and the equity gain often exceeds that of a high-rise building.

– Heather Heuer, Denver Metro Association of REALTORS Chair-Elect, Denver, Colorado

Tip #4: Don’t assume that you cannot buy

The sooner you buy a home the closer you are to financial freedom. Once you buy property you stop paying someone else’s mortgage and you start paying your own.

However, make sure that you first get pre-approved and talk to a good local lender to understand how much you can buy and what the costs will be to buy. Talking to a lender may show you that you need to improve you’re credit a bit or pay off a few more student loans but the sooner you know the sooner you can be ready to get into a home.

– Bill Head, MetroTex Association of REALTORS, Dallas, Texas

Tip #5: Determine your ‘must haves’

Buyers in their early 30s tend to be more established in life. I encourage these buyers to give me a list of what is a must have vs a want in their future home. We reference this list often throughout the buying process and will even sometimes make changes to the initial list after we have seen a house or two.

This list is imperative especially if a husband and wife have different wants or needs. Lastly, this also gives them peace of mind that they really have found the “perfect” house when making an offer because the house will typically check off all the boxes on their wish list.

– Marie A. Gregorio, realtor, Century 21, Tampa, Florida

Tip #6: Ask a lot of questions

Ask a lot of questions of your realtor. There really should be no question to big or small to ask, whether its strategizing about a putting together a competitive offer or identifying an inspector or lender or anything else. Consulting them is a good complement to your own research.

– Thomas P. Daley, realtor and broker, Washington, D.C.

Copyright © 2019, ABC Radio. All rights reserved.

Twitter not equipped to deal with violent threats: Expert

Posted on: April 18th, 2019 by ABC News No Comments

RomanOkopny/iStock(NEW YORK) — Granted, he’s a cybersecurity expert, but it only took Chad Loder a couple of hours to funnel hundreds of death threats to freshman Congresswoman Ilhan Omar into a Twitter “Moment”.

“Please help report this collection of threats to Ilhan Omar’s safety. It is a felony under 18 U.S.C. § 871-875 to threaten US government officials. Any tweets which illegally call for violence, murder, or lynching of Ilhan Omar should be reported,” Loder wrote on the curation of menacing posts.

He did this to prove a point: that Twitter’s ill-equipped to deal with the hate speech and threatened violence on its platform, Loder told ABC News on Wednesday.

Last month, Omar’s remarks to the Council of American-Islamic Relations (CAIR) immediately following the mosque attacks in New Zealand were taken out of context by conservative outlets to seem as if she was dismissive of the Sept. 11 attacks. In the speech, she had said “CAIR was founded after 9/11 because they recognized that some people did something, and all of us were starting to lose access to our civil liberties.”

The coverage has resulted in an uptick in threats of violence aimed at Omar online.

“I just decided I wanted to highlight everything that’s been going on and put it all into one place for people to see because I don’t think people realize quite how bad it gets,” Loder, CEO and founder of cybersecurity firm Habitu8, said.

Because algorithms are trained to introduce content to users based on what they engage with, those likely to be offended by such threats might not see them.

Over the weekend, Loder used search terms like “to the head” coupled with “Ilhan” or “string up” or “string her up” or “highest tree” or “Muslim pic and Ilhan” to find death threats to the freshman representative from Minnesota, who is Somali-American and Muslim, and collect them in one “Moment” so that users could see them, and for Twitter to take action.

“Watching the discourse around how Twitter will admit, ‘Hey we need to do more, we realize what a problem harassment is,’ it gets really frustrating because when they say it’s a hard problem they mostly mean expensive, not hard,” Loder said.

“A lot of this stuff we need to do to police hate speech and death threats and online radicalization, is fairly simple to do if you have the will to spend the money on it. It’s not really about AI (artificial intelligence) and it’ s not really about machine learning. It’s really about making decision on policies,” Loder said. “For example, if someone threatens to lynch a black Muslim woman politician then why would you ban them and then let them back on the platform 24 hours later? Those sorts of policies don’t seem to make sense.”

On Tuesday, Twitter released an update to its online safety policies, stating the company now has a system to flag hate speech or offensive comments before it’s reported by victims which it did not have as recently as this time last year. The company also said 100,000 accounts were suspended for creating new accounts after a suspension in the first three months of this year — a 45 percent increase from the same time last year.

CEO and founder Jack Dorsey also gave a TED Talk in which he addressed the abuse on the platform

A Twitter spokesperson wrote ABC News in an emailed statement: “Death threats, incitement to violence, and hateful conduct are absolutely unacceptable on Twitter. Accounts spreading this type of material will be removed and coupled with our proactive engagement, we continue to encourage people to report this content to us. This behavior undermines freedom of expression and the values our service is based on.”

Still, many of the threats Loder pointed out stayed up all weekend.

“Due to the nature of concrete threats that we’re seeing, some of this content — which would have otherwise been immediately removed — was temporarily maintained to enable potential law enforcement coordination. Capitol Hill police are working on this issue,” a source familiar with the situation told ABC News.

Rep. Omar retweeted one of Loder’s tweets about the threats to her. Her office did not respond to multiple requests for comment from ABC News.

 Loder said he understands that the humans who police the content for Twitter and other platforms are “overwhelmed” from watching child pornography, actual violence and online radicalization.

But, he added, “the trust and safety work human beings have to do is very, very expensive. When Twitter says, ‘we need more AI machine learning’ they’re saying, ‘we want to invest as little as possible in these expensive human beings.’ In the meantime there’s a huge gap between what the machines can do and what humans can do and in that gap is where the abuse happens. It’s very expensive to invest in that.”

Copyright © 2019, ABC Radio. All rights reserved.

Twitter not equipped to deal with violent threats: Expert

Posted on: April 18th, 2019 by ABC News No Comments

RomanOkopny/iStock(NEW YORK) — Granted, he’s a cybersecurity expert, but it only took Chad Loder a couple of hours to funnel hundreds of death threats to freshman Congresswoman Ilhan Omar into a Twitter “Moment”.

“Please help report this collection of threats to Ilhan Omar’s safety. It is a felony under 18 U.S.C. § 871-875 to threaten US government officials. Any tweets which illegally call for violence, murder, or lynching of Ilhan Omar should be reported,” Loder wrote on the curation of menacing posts.

He did this to prove a point: that Twitter’s ill-equipped to deal with the hate speech and threatened violence on its platform, Loder told ABC News on Wednesday.

Last month, Omar’s remarks to the Council of American-Islamic Relations (CAIR) immediately following the mosque attacks in New Zealand were taken out of context by conservative outlets to seem as if she was dismissive of the Sept. 11 attacks. In the speech, she had said “CAIR was founded after 9/11 because they recognized that some people did something, and all of us were starting to lose access to our civil liberties.”

The coverage has resulted in an uptick in threats of violence aimed at Omar online.

“I just decided I wanted to highlight everything that’s been going on and put it all into one place for people to see because I don’t think people realize quite how bad it gets,” Loder, CEO and founder of cybersecurity firm Habitu8, said.

Because algorithms are trained to introduce content to users based on what they engage with, those likely to be offended by such threats might not see them.

Over the weekend, Loder used search terms like “to the head” coupled with “Ilhan” or “string up” or “string her up” or “highest tree” or “Muslim pic and Ilhan” to find death threats to the freshman representative from Minnesota, who is Somali-American and Muslim, and collect them in one “Moment” so that users could see them, and for Twitter to take action.

“Watching the discourse around how Twitter will admit, ‘Hey we need to do more, we realize what a problem harassment is,’ it gets really frustrating because when they say it’s a hard problem they mostly mean expensive, not hard,” Loder said.

“A lot of this stuff we need to do to police hate speech and death threats and online radicalization, is fairly simple to do if you have the will to spend the money on it. It’s not really about AI (artificial intelligence) and it’ s not really about machine learning. It’s really about making decision on policies,” Loder said. “For example, if someone threatens to lynch a black Muslim woman politician then why would you ban them and then let them back on the platform 24 hours later? Those sorts of policies don’t seem to make sense.”

On Tuesday, Twitter released an update to its online safety policies, stating the company now has a system to flag hate speech or offensive comments before it’s reported by victims which it did not have as recently as this time last year. The company also said 100,000 accounts were suspended for creating new accounts after a suspension in the first three months of this year — a 45 percent increase from the same time last year.

CEO and founder Jack Dorsey also gave a TED Talk in which he addressed the abuse on the platform

A Twitter spokesperson wrote ABC News in an emailed statement: “Death threats, incitement to violence, and hateful conduct are absolutely unacceptable on Twitter. Accounts spreading this type of material will be removed and coupled with our proactive engagement, we continue to encourage people to report this content to us. This behavior undermines freedom of expression and the values our service is based on.”

Still, many of the threats Loder pointed out stayed up all weekend.

“Due to the nature of concrete threats that we’re seeing, some of this content — which would have otherwise been immediately removed — was temporarily maintained to enable potential law enforcement coordination. Capitol Hill police are working on this issue,” a source familiar with the situation told ABC News.

Rep. Omar retweeted one of Loder’s tweets about the threats to her. Her office did not respond to multiple requests for comment from ABC News.

 Loder said he understands that the humans who police the content for Twitter and other platforms are “overwhelmed” from watching child pornography, actual violence and online radicalization.

But, he added, “the trust and safety work human beings have to do is very, very expensive. When Twitter says, ‘we need more AI machine learning’ they’re saying, ‘we want to invest as little as possible in these expensive human beings.’ In the meantime there’s a huge gap between what the machines can do and what humans can do and in that gap is where the abuse happens. It’s very expensive to invest in that.”

Copyright © 2019, ABC Radio. All rights reserved.

Cummings accuses Republicans of obstructing drug prices investigation

Posted on: April 18th, 2019 by ABC News No Comments

busracavus/iStock(WASHINGTON) — Rep. Elijah Cummings, the Democratic chairman of the House Oversight Committee, on Wednesday accused his Republican colleagues of obstructing the committee’s sweeping investigation into rising drug prices, after they sent letters sent to 12 drug companies urging them not to participate in the probe.

Republican Reps. Jim Jordan and Mark Meadows sent letters to a dozen top drug company CEOs earlier this month warning them not to participate in Cummings’ investigation, arguing the probe is strictly partisan and suggesting Cummings is likely to leak information drug companies turn over to the committee.

“You personally may have no interest in bringing down drug prices for your constituents, you honestly may believe it is more important to protect drug company profits and stock prices than the budgets of American families, and you may even disagree with President Trump that drug companies are ‘getting away with murder’, but your efforts to interfere with this investigation represent a new low for a Member of this Committee,” Cummings wrote in a letter to Ranking Member Jordan.

“It is one thing to have an honest disagreement about the Committee’s policy or approach—which would command respect—but it is quite another to actively obstruct an investigation in the service of placing corporate interests over those of the American people,” Cummings wrote.

In their letter to the companies, Meadows and Jordan argue that Cummings released “sensitive information” as it relates to the closed-door interview of Tricia Newbold, the White House whistleblower who brought concerns over the security clearance process to the committee, attempting to make the companies fearful Cummings will do the same to them.

“To the contrary, the information released during the security clearance investigation was carefully vetted to remove sensitive information, and it accurately set forth the concerns of a career whistleblower who exhausted all other avenues to address these concerns internally,” Cummings wrote.

Jordan tweeted Wednesday that Cummings was “trying to divert attention from the classic Washington gaffe of telling the truth. He bragged about affecting “stock prices with regard to drugs.”

The issue is a top priority for Cummings. In January, he sent letters to the 12 drug companies asking for information and communications regarding “price increases, investments in research and development, and corporate strategies to preserve market share and pricing power.”

It’s an effort that also has traction with President Donald Trump and thereby has the pharmaceutical industry on edge.

The administration has taken steps to crack down on this very issue.

Trump said during a 2017 Cabinet meeting that drug companies are “getting away with murder” and pledged to lower drug prices.

Copyright © 2019, ABC Radio. All rights reserved.

Cummings accuses Republicans of obstructing drug prices investigation

Posted on: April 18th, 2019 by ABC News No Comments

busracavus/iStock(WASHINGTON) — Rep. Elijah Cummings, the Democratic chairman of the House Oversight Committee, on Wednesday accused his Republican colleagues of obstructing the committee’s sweeping investigation into rising drug prices, after they sent letters sent to 12 drug companies urging them not to participate in the probe.

Republican Reps. Jim Jordan and Mark Meadows sent letters to a dozen top drug company CEOs earlier this month warning them not to participate in Cummings’ investigation, arguing the probe is strictly partisan and suggesting Cummings is likely to leak information drug companies turn over to the committee.

“You personally may have no interest in bringing down drug prices for your constituents, you honestly may believe it is more important to protect drug company profits and stock prices than the budgets of American families, and you may even disagree with President Trump that drug companies are ‘getting away with murder’, but your efforts to interfere with this investigation represent a new low for a Member of this Committee,” Cummings wrote in a letter to Ranking Member Jordan.

“It is one thing to have an honest disagreement about the Committee’s policy or approach—which would command respect—but it is quite another to actively obstruct an investigation in the service of placing corporate interests over those of the American people,” Cummings wrote.

In their letter to the companies, Meadows and Jordan argue that Cummings released “sensitive information” as it relates to the closed-door interview of Tricia Newbold, the White House whistleblower who brought concerns over the security clearance process to the committee, attempting to make the companies fearful Cummings will do the same to them.

“To the contrary, the information released during the security clearance investigation was carefully vetted to remove sensitive information, and it accurately set forth the concerns of a career whistleblower who exhausted all other avenues to address these concerns internally,” Cummings wrote.

Jordan tweeted Wednesday that Cummings was “trying to divert attention from the classic Washington gaffe of telling the truth. He bragged about affecting “stock prices with regard to drugs.”

The issue is a top priority for Cummings. In January, he sent letters to the 12 drug companies asking for information and communications regarding “price increases, investments in research and development, and corporate strategies to preserve market share and pricing power.”

It’s an effort that also has traction with President Donald Trump and thereby has the pharmaceutical industry on edge.

The administration has taken steps to crack down on this very issue.

Trump said during a 2017 Cabinet meeting that drug companies are “getting away with murder” and pledged to lower drug prices.

Copyright © 2019, ABC Radio. All rights reserved.

Global stocks sink after Wall Street declines

Posted on: April 18th, 2019 by ABC News No Comments

Global stocks sink after Wall Street declines despite encouraging Chinese economic data

Jet Airways’ lenders hope bidding process can save airline

Posted on: April 18th, 2019 by ABC News No Comments

Creditors of India’s beleaguered Jet Airways say they are reasonably hopeful that a bidding process with potential investors for a controlling stake in the airline will save the company

Nissan ex-chair Ghosn appeal on extended detention rejected

Posted on: April 18th, 2019 by ABC News No Comments

Japan’s top court rejects appeal by Nissan ex-chairman Ghosn’s lawyers against extended detention

Asian stocks sink after Wall Street declines

Posted on: April 18th, 2019 by ABC News No Comments

Asian stocks sink after Wall Street declines despite encouraging Chinese economic data

Asian stocks sink after Wall Street declines

Posted on: April 18th, 2019 by ABC News No Comments

Asian stocks sink after Wall Street declines despite encouraging Chinese economic data

Business Highlights

Posted on: April 17th, 2019 by ABC News No Comments

Business Highlights

Business Highlights

Posted on: April 17th, 2019 by ABC News No Comments

Business Highlights

Trump administration seeks to boost Opportunity Zones

Posted on: April 17th, 2019 by ABC News No Comments

Trump administration unveils new proposals to make Opportunity Zone investments more attractive

Trump administration seeks to boost Opportunity Zones

Posted on: April 17th, 2019 by ABC News No Comments

Trump administration unveils new proposals to make Opportunity Zone investments more attractive

United Airlines trims growth plan for 2019

Posted on: April 17th, 2019 by ABC News No Comments

United Airlines is trimming its ambitious growth plan for 2019 because of the grounding of its 14 Boeing 737 Max jets

United Airlines trims growth plan for 2019

Posted on: April 17th, 2019 by ABC News No Comments

United Airlines is trimming its ambitious growth plan for 2019 because of the grounding of its 14 Boeing 737 Max jets

How the major US stock indexes fared Wednesday

Posted on: April 17th, 2019 by ABC News No Comments

Stocks finished a wobbly day of trading on Wall Street Wednesday with modest losses that erased most of the market’s slight gains from a day earlier