Brazil's Banco BTG Pactual prices follow-on at 46 reais per unit -source

A student used Snapchat’s ‘gender swap’ filter to arrest a cop looking for underage sex

A 20-year-old student from San Francisco’s Bay Area caught a police officer looking for underage sex by using Snapchat’s gender-swapping filter, reports NBC Bay Area.

Posing as a woman named Esther on the dating site Tinder, Ethan – the student, who did not give his last name for fear of retaliation – found his match with Robert Davies, 40, a police officer with the San Mateo Police Department.

“I believe he messaged me, ‘Are you down to have some fun tonight?’ and I decided to take advantage of it,” Ethan told NBC Bay Area. 

He had embarked on this journey to catch possible pedophiles after a friend had confided that she had been sexually molested as a child.

After moving the conversation to Snapchat, the conversation took a turn. Ethan, posing as “Esther,” told Davies he was 16 years old. His age, according to the San Jose Police Department, did not bother the officer. 

Davies was arrested on one count of contacting a minor to commit a felony and is on paid administrative leave.

“This alleged conduct, if true, is in no way a reflection of all that we stand for as a Department, and is an affront to the tenets of our department and our profession as a whole,” said San Mateo police chief Susan Manheimer in a statement to USA TODAY.

Apple’s stock just did something it hasn’t done since the dot-com bubble burst

Apple Inc.’s stock rally has finally done something that it hasn’t been able to do, after 20 failed attempts in 19 years. See full story.

A YouTuber by the name of “Bearded Picker” once pocketed $2,500 in a single day by buying up discounted “Monopoly for Millennials” board games at various WalMarts and selling them on Amazon for triple the price. See full story.

U.S. stocks came off intraday highs to close lower Tuesday, with the Dow snapping a six-day win streak, as investors digested a new round of posturing on the U.S.-China trade standoff. See full story.

Alphabet Inc. investors have been sweating a potential antitrust investigation into Google’s parent company, but one analyst suggests that regulatory scrutiny—and a potential breakup of the company—could be reason to cheer. See full story.

Part of the problem may also be the accounts they’re using to save for the future. See full story.

A YouTuber by the name of “Bearded Picker” once pocketed $2,500 in a single day by buying up discounted “Monopoly for Millennials” board games at various WalMarts and selling them on Amazon for triple the price. See full story.

Boeing airliner deliveries tumble amid problems with 737 Max

With the 737 Max jet still grounded after two deadly crashes, deliveries of new Boeing jets are falling far behind last year's pace.

Continue Reading Below

Boeing said Tuesday that it delivered 30 commercial airliners during May, down 56% from the 68 it made in May 2018.

Deliveries of 737s plummeted from 47 a year ago to just eight last month. All eight were an older model of 737, call the NG.

Boeing is still building Max jets in Washington state, but they are being parked for now.

The Chicago-based company has 4,550 unfilled orders for the Max but stopped deliveries after regulators around the world grounded the plane following crashes in Indonesia and Ethiopia that killed 346 people. It's working on changes to flight-control software implicated in the crashes.

Boeing reported a canceled order for 71 Max planes that were to be leased to Jet Airways until the financially struggling Indian carrier suspended all flights in April. Boeing has not reported other large cancellations despite the Max's grounding.

Advertisement

Orders for all Boeing airlines were "anemic" in May but should be better at next week's Paris air show, said Cowen Research aerospace analyst Cai von Rumohr.

Shares of Boeing fell $4.47, or 1.3%, to close at $349.33 on Tuesday. They have dropped 21% since early March, shortly before the second Max crash.

Tesla CEO Elon Musk predicts record output, sales in 2Q

Tesla CEO Elon Musk is assuring the company's shareholders that the electric car maker is on pace to set manufacturing and sales records during its current quarter after a disappointing start this year.

The forecast made Tuesday at Tesla's annual meeting provided a ray of hope amid worries about the company's long-term prospects.

Continue Reading Below

Those escalating concerns caused Tesla's stock price to fall to a three-year low of $176.99 last week before bouncing back. The shares climbed more than 3% to $224.40 in Tuesday's extended trading after Musk's prediction.

Tesla's current quarterly records came during the final three months of last year when it manufactured more than 85,500 vehicles and delivered 90,700.

Then Tesla's production and sales slipped during the first three months of this year.

Syrian air defenses thwart Israeli missile attack in southern Syria: SANA

CAIRO (Reuters) – Syrian Air Defenses thwarted an Israeli attack on Tal al-Hara in southern Syria and shot down a number of them, Syrian state news agency SANA said early on Wednesday.

Located in Daraa Governorate, Tal al-Hara is considered as a strategic hill overlooking the occupied Golan Heights.

The missile attack resulted only in damage and Israel then conducted an “electronic war” in which radars were subjected to interference, SANA added.

(The story adds missing words in first paragraph.)

Brazil's Banco BTG Pactual prices follow-on at 46 reais per unit -source

SAO PAULO, June 11 (Reuters) – Banco BTG Pactual SA / Brazil’s largest independent investment banking firm, priced its units at 46 reais in a secondary offering, one source with knowledge of the matter said.

Investment banking units of BTG Pactual, Morgan Stanley , Banco Bradesco SA, UBS and Banco do Brasil SA managed the offering. The bank aims to increase its free float from the current 18 percent level after the share offering. (Reporting by Carolina Mandl; Editing by Sandra Maler and Leslie Adler)