Google, Intel, Micron CEOs invited to White House
Top White House economic adviser Larry Kudlow and Treasury Secretary Steven Mnuchin are meeting with a host of CEOs from the world’s biggest tech companies on Monday.
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Executives from Google, Intel and Micron were among those invited.
Trump administration officials tell FOX Business the main purpose of the meeting is to discuss general economic issues. The ongoing concerns surrounding Huawei Technologies are expected to be a part of the discussion.
The administration has listed the Chinese company as a threat U.S. national security, amid the ongoing trade conflict with Beijing.
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The Washington Post reported Monday, citing internal documents and people familiar with the arrangement, that Huawei helped construct and maintain the commercial wireless network in North Korea.
Spokespeople for Google, Intel and Micron did not respond to FOX Business’ request for comment at the time of publication.
How Al Franken ‘got railroaded’
That’s how Al Franken responded when asked by the New Yorker’s Jane Mayer whether he regrets abruptly resigning from the Senate amid swirling allegations of sexual impropriety.
He wasn’t the only one expressing regret in the story that would vault Franken back into the social-media spotlight.
Seven current or former senators, including Patrick Leahy, Tammy Duckworth, Angus King, Jeff Merkley, Bill Nelson, Harry Reid and Tom Udall, said they regret how quickly they rushed to judgment and joined calls for his resignation.
Kirsten Gillibrand was an outlier, saying, “I’d do it again today.”
Mayer’s piece takes a deep dive into accusations from conservative broadcaster Leeann Tweeden, who alleged Franken grabbed the back of her head and forcibly kissed her during a rehearsal for a USO skit. Tweeden also released a photo with Franken’s hands hovering over her breasts while she was asleep. Seven other women would ultimately accuse him of inappropriate kissing or touching,
Mayer, who tweeted out that Franken “got railroaded,” wrote that “almost NOTHING his main accuser said checks out.”
To build her case, Mayer interviewed eight others on the USO tour who said they had “no memory” of Tweeden being uncomfortable or complaining about Franken, even amid other raunchy skits the two performed together.
Read the whole story.
Franken’s name immediately topped the trending list on TwitterTWTR, +1.71% , where there were a wide range of responses to the article:
Heat Wave Forecast Across Central And Eastern States This Week
The National weather service says that in the wake of Hurricane Barry, a widespread heat wave is forecast to develop across the Central and Eastern states by the middle of or later this week.
“Barry continues to steadily weaken as it moves northward across the Mississippi Valley. Despite the weakening, the system continues to produce very heavy rainfall across this region, with the threat for significant flash flooding in some areas,” NWS said in an update Monday.
Storm Barry unleashed heavy rains across Louisiana at the weekend, causing floods and overflowing levees.
However, it did not cause any major natural disasters.
The first hurricane of the season has weakened at a slow pace and is moving northward toward Arkansas.
The National Hurricane Center downsized Hurricane Barry into a tropical storm.
While the National Weather Service warned of “dangerous, life-threatening flooding” across Louisiana and Mississippi and points north, Louisiana Governor John Bel Edwards cautioned against complacency saying that this weather system “is far from over for our state.”
St. Tammany Fire Protection District No.1 issued a warning on Facebook to watch out for snakes and other critters who are trying to escape the flood waters.
European Economics Preview: UK Labor Market Data Due
Labor market statistics from the UK and economic sentiment from Germany are due on Tuesday, headlining a light day for the European economic news.
At 1.00 am ET, Statistics Finland releases monthly national output for May.
At 3.00 am ET, unemployment data for April is due from Turkey. The unemployment rate had increased to 13.8 percent in March from 13.6 percent rise in the previous month.
At 4.30 am ET, the Office for National Statistics publishes UK unemployment data. The ILO jobless rate is seen unchanged at 3.8 percent in three months to May.
At 5.00 am ET, Germany’s ZEW economic confidence survey results are due. The economic sentiment index is seen falling slightly to -22 in July from -21.1 in June.
In the meantime, the euro area foreign trade data is due. The trade surplus is seen at seasonally adjusted EUR 17.5 billion in May compared to EUR 15.3 billion in April.
Vice President Mike Pence's Daughter Charlotte Pence Engaged to Be Married
Charlotte Pence, the daughter of Vice President Mike Pence, and her boyfriend Henry Bond are engaged.
On Saturday, Charlotte, 26, shared the news on Instagram. She added photos from Bond’s proposal, which happened on the beach.
“I said ‘yes,’ and then I said ‘thanks’ a lot because I didn’t know what else to say,” Charlotte wrote. “I love you. Let’s do this.”
Some followers shared well wishes, including Meghan McCain — who wrote, “Congratulations Charlotte! ♥️” — and cousin Nicole Pence Becker.
Charlotte is a writer who has penned a series of children’s books about “Marlon Bundo,” the Pence family rabbit. She also co-wrote Where You Go: Life Lessons from My Father, with the vice president, back in 2018.
This is the second impending wedding in the Pence family.
Back in February, the vice president’s youngest daughter Audrey, 24, also got engaged on a beach to college boyfriend Daniel Tomanelli.
“Of course I said yes, and then we got caught in a rainstorm!” Audrey wrote. “Rain or shine, I’m so glad you’ll always be by my side.”