Henderson diverted the pone to buy the historic Tribune Tower in oakland. The i magnum building and other properties, businesses and restaurants. All of these representations all of these promises were made in the course of this scheme and those promises were not kept. According to the indictment, henderson liedo investors and the government for years. Providing paperwork and Business Plans that seemed legit from 2011 to 2017. I asked the u. S. Attorney how it was able to go on for so long. One of the ways in which this scheme was being hidden was the diversion of money raised from later investors. To cover over the losses that were being suffered by earlier investors. So now henderson is facing charges of conspiracy and wire fraud. He pleaded not guiltyoday in court and released on a 250,000 bond. His next court date is october 1st. Kumasi aaron, abc7 news. We know about henderson. What about the other two defendants in the case . The other defendant cooper lee was arrested this morni
Agency. She responded to public reports about a Facebook Group in which Border Patrol agents wrote inappropriate jokes of migrants and members of congress. This is two hours. Today we welcomed the chief of the Border Patrol and would note she is the first woman to hold this important position. Thank you for being here today. First, i want to acknowledge the men and women of the Border Patrol have faced a multitude of challenges this year with the high numbers of migrants that have been seen coming across the border. I know they have worked long hours and have been asked to do work that they never imagined would be part of their job. I continue to believe the majority of your personnel carry out their mission in a professional manner and to treat those in their custody with humanity. I have significant concerns about the reports of the treatment by some Border Patrol agents. Im also concerned that the Border Patrol culture may be tolerant of the actors. Understanding the challenges faci
The euro is trading lower, we had the ecb yesterday, down. 1 . This is the dollar versus the rent, but when it comes to the dollar versus the rand, moodys, the last country to have an the last company to have an Investment Grade on south africa, this Investment Plan doubles the investment to appropriations to that company, could end up being credit negative. A big move on the south african rand. Slowing in the First Quarter, but not as much as analysts expected, with the headline number for consumer spending, pushing gd pregrowth gdp growth to 2. 1 . Discuss here to discuss is our chief bloomberg u. S. Economist. Core pce was disappointing, and the deflator as well. That definitely tainted the report slightly, but what i think is most important at this point, the economy is growing above trend, right . Bettercent growth is than the feds long run estimate of 1. 9 growth. If you are growing at that pace, that tells you although there is not strong pressure on the economy, you will see Un
Their finances. First, shares of qualcomm falling in after hours trading after they gave a downbeat fourthquarter sales forecast. At the high end, they are looking at 5. 1 billion sales. Warningin line with a issued back in april. Joining us to discuss our guests from new york and l. A. The revenue forecast for the Current Quarter was late. The forecast for the quarter also very light. Up . 75. Ted eps street was looking for 1. 10. It boils down to qualcomms basic is this model. It has a controversial practice of not just selling chips to manufacturers but licensing and they want royalties equal to a certain percentage of the value of the device. This has caused a lot of litigation problems for qualcomm. Earlier with apple this year. There are a lot of questions about similar case brought by the ftc. A judge in the ninth circuit ruled against qualcomm. They are waiting for an appeal and there is not a lot of clarity in todays Earnings Reports. They may be getting into it on the call as
Now at 11 00 i. C. E. Promised nationwide raids. Protesters plan to use amazons prime day to demand that the company cut ties with i. C. E. We absolutely made it through the storm, beyond lucky, we were spared. The worst of what was Tropical Storm barry might be over but the danger is not. Good evening. We begin tonight with the big talk about i. C. E. Raids that ended up not happening but still had a big impact on local businesses. Team coverage from both sides of the bay area. Lets start with joe vasquez who tells us immigrant families are still on edge tonight. Here along 24th street in San Francisco which is unusually quiet for a summer night. Immigrants Rights Groups say they have been monitoring i. C. E. And there have been no raids whatsoever across northern california. All reports in, absolutely no sighting of i. C. E. Reporter Roberto Hernandez of the group called the day without an immigrant Coalition Says the Mission District was quiet today, no i. C. E. Activity, no activit