10-27-2020  11:14 am   •   PDX and SEA Weather
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NORTHWEST NEWS

Paris Train Attack Hero Makes Bid for Congress From Oregon

Over 60% of Alek Skarlatos' campaign funding comes from out of state, Democratic incumbent Peter DeFazio said during their debate. Some came from Sen. Ted Cruz, R-Texas.

President of Portland NAACP Resigns Ahead of November Election

Rev. Mondainé denies allegations of abuse

Candidate Iannarone Welcomes Ruling on Complaint Against Mayor Wheeler

Mayoral challenger Sarah Iannarone has welcomed the Multnomah County Circuit court ruling requiring City Auditor Mary Hull Caballero to look into a complaint against Portland Mayor Ted Wheeler for loaning his own re-election campaign 0,000

Some Hospitals in Crisis as US nears high for COVID-19 cases

The global surge in coronavirus infections is hitting the United States hard and overwhelming hospitals across the nation

NEWS BRIEFS

The Last Day to Safely Mail Your Ballot is Today, Tuesday, October 27

Ballot envelopes must be signed and ballots received by the elections office by Election Day, Tuesday, November 3 at 8:00 PM. Postmark...

iPhone Users: Beware of the 'Apple Support' Scam

Oregonians to hang up on unsolicited phone calls that sound like they are from Apple. ...

Henry Louis Gates, Jr. to Give Virtual Lecture Nov. 9 at Oregon State University

Gates is a Harvard University professor and host of a groundbreaking, Emmy Award-winning PBS genealogy series “The African...

New Crisis Line will Serve BIPOC Community

Lines for Life have launched a new crisis line dedicated to and staffed by Black, Indigenous and People of Color ...

Oregon Reports the Highest Daily Case Count Since the Beginning of the Pandemic

OHA reports 550 new confirmed and presumptive COVID-19 cases, 3 new deaths ...

Confederate flag not welcome in Oregon historic cemeteries

OREGON CITY, Ore. (AP) — A state commission has voted to recommend that the Confederate flag no longer be allowed in Oregon’s historic cemeteries. Members of Oregon’s Commission on Historic Cemeteries voted unanimously Friday to adopt a position paper recommending Confederate...

Man pleads no contest to child sex abuse in plea deal

ALBANY, Ore. (AP) — An 18-year-old Sweet Home man has pleaded no contest to two counts of first-degree sex abuse in Linn County Circuit Court.Seven Lee Bullock entered the pleas last week and is scheduled to be sentenced on Nov. 6, the Albany Democrat-Herald reported.The crimes occurred...

Missouri wide receiver arrested, dismissed from team

COLUMBIA, Mo. (AP) — Missouri wide receiver Maurice Massey has been dismissed from the team after being arrested, school officials said Monday.Massey, 20, was arrested Sunday on suspicion of third-degree domestic assault, fourth-degree assault and first-degree property damage, according to...

Missouri grinds out 1st victory over Kentucky in five years

COLUMBIA, Mo. (AP) — Missouri kept handing the ball to Larry Rountree, and Kentucky barely got a chance to take a turn. Rountree carried 37 times for 126 yards and two touchdowns as the Tigers dominated the clock and the Wildcats in a 20-10 victory on Saturday.Missouri (2-2 Southeastern...

OPINION

Squaring Away the Cube

When I first heard that entertainer Ice Cube is supporting Donald Trump in his 2020 re-election bid, I did not believe it. ...

The Skanner News National 2020 Election Endorsements

Vote like your life depends on it. Read The Skanner News' endorsements for US President, and more ...

The Skanner News Statewide Election 2020 Endorsements

Read The Skanner News' endorsements for Portland Mayor, Portland City Council, and more ...

Muslim Advocates Denounces Trump’s Racist Attacks on Rep. Ilhan Omar and Refugees

The organization says Trump’s attacks invite violence against Rep. Omar and Minnesota’s Somali community ...

AFRICAN AMERICANS IN THE NEWS

Review: 'Memorial' like a dance gliding between characters

“Memorial,” by Bryan Washington (Riverhead Books)“Memorial,” by Bryan Washington, follows the complex relationship between Benson, a Black day care teacher, and Mike, a Japanese American chef. The couple live together in Texas, and for all intents and purposes, they are...

Fraught election puts faith leaders through a political test

Both President Donald Trump and Democratic nominee Joe Biden count endorsements from well-known faith leaders. But for clergy members who try to tackle thorny moral matters without overtly backing a candidate, the campaign has tested their ability to reconcile religious values and politics.That...

Entertainers discuss disability representation in Hollywood

It’s an old cliche that if an actor wants to win an Oscar, he or she should consider playing a character with a disability. And it’s not entirely unfounded advice: 61 actors have been nominated for playing a character with a disability and 27 have walked away winners. But only two of...

ENTERTAINMENT

`The books that help her through': Winfrey suggests seven

NEW YORK (AP) — With Election Day approaching and the pandemic ongoing, Oprah Winfrey is setting aside her usual book club recommendations and instead citing seven personal favorites, ranging from James Baldwin's landmark essays in “The Fire Next Time” to Mary Oliver's poetry...

Remembering his friends, Springsteen pens ‘Letter to You’

NEW YORK (AP) — Last year as Bruce Springsteen reflected on the death of his friend and teenage bandmate George Theiss, who died in 2018, he grabbed his guitar and pen and began writing a song about being the sole living member of his first band.He wrote about the New Jersey clubs where the...

Hugh Laurie goes for bumpy political ride in PBS' 'Roadkill'

LOS ANGELES (AP) — On screen, Hugh Laurie has been by turns irascible ("House"), villainous ("The Night Manager") and a comedic delight ("Jeeves & Wooster"). In a conversation about his latest project, PBS' “Roadkill,” he proved equally versatile.Laurie was thoughtful and...

U.S. & WORLD NEWS

One Good Thing: Wickedly creative pandemic trick-or-treating

CINCINNATI (AP) — Dropping candy down a chute for little costumed Baby Sharks, Mulans and Black Panthers....

A look at artists who've objected to Trump using their songs

From classic American rockers to British artists to the estates of late legends, here's a look at some of the...

Gulf Coast braces, again, for hurricane as Zeta takes aim

NEW ORLEANS (AP) — Residents of the storm-pummeled Gulf Coast steeled themselves for yet another tropical...

'We're working on it:' Pope's COVID advisers and the mask

ROME (AP) — Pope Francis’ decision to forgo wearing a mask has been noticed, with some concern, by...

Belarus leader seeks to punish striking workers, students

KYIV, Ukraine (AP) — Belarus President Alexander Lukashenko urged authorities Tuesday to take action...

Turkey's Erdogan sues Dutch anti-Islam lawmaker for insults

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan is suing Dutch lawmaker Geert Wilders after...

Vote like your life depends on it
By The Skanner News

LONDON (AP) -- European and U.S. stocks dipped Tuesday as weak American housing data dampened optimism from strong corporate earnings reports.
"The inventory of existing homes for sale remains high and the recession's impact on jobs and confidence along with tight lending conditions have all contributed to the weak fundamentals for housing," said Michael Carey, economist with Calyon in New York.
Also disappointing market hopes was a drop in U.S. producer prices, which suggests demand is not strong enough yet to create inflationary pressures.
The data dampened the good mood created by corporate earnings reports. Technology bellwethers Apple Inc. and Texas Instruments Inc. beat analyst estimates handily on Monday.
Germany's DAX closed down 0.7 percent at 5,811.77, Britain's FTSE 100 was 0.7 percent lower at 5,243.40 and France's CAC-40 lost 0.5 percent at 3,871.45.
In midday trading in New York, the Dow Jones industrial average slipped 0.7 percent to 10,021.83 and the Standard & Poor's 500 index fell 0.8 percent to 1,089.34. Most Asian indexes closed higher.
A 0.5 percent gain in U.S. housing starts in September was only a quarter of the 2.0 percent rise expected by many analysts, reminding investors that recovery in the world's largest economy will be only gradual.
On Tuesday, more good news came from Caterpillar Inc., which sounded confident about its outlook despite a drop in profits. Shares in the company were up as much as 5 percent after it said the latest quarter was its low point in the recession and raised its profit outlook for 2009.
Chemicals maker DuPont and drugs maker Pfizer both said they boosted earnings by cutting costs. Looking ahead, investors will be waiting for results from Internet company Yahoo Inc. later in the day.
Sentiment in Europe was weakened somewhat by the announcement by Qatar Holding that it was selling 379.2 million shares in Barclays, worth more than $2 billion.
Barclays shares were down 5 percent, while shares in J. Sainsbury PLC rose 5 percent on speculation Qatar may reinvest the cash in the supermarket chain.
Elsewhere, Adecco shares were down 5 percent after it announced it would spend $1.17 billion to buy Florida-based MPS Group Inc., one of the largest U.S. temporary staffing agencies. Analysts said the price seemed a bit steep.
The strengthening euro remained close to breaking through the $1.50 level. It traded at $1.4935, down somewhat from $1.4973 in New York Monday night. The dollar rose to 90.72 yen from 90.62 yen.
The weaker dollar has pushed oil prices up for several weeks, nudging it above $80 a barrel on Tuesday for the first time since last year. Being priced in dollars, commodities become cheaper -- and more attractive -- to international investors as the U.S. currency weakens.
Benchmark crude for November delivery hit $80.05 a barrel before falling back to trade 80 cents lower at $78.81. The contract rose $1.08 overnight.
In Asia, Japan's Nikkei 225 index gained 1.0 percent to 10,336.844, and Hong Kong's index rose 0.8 percent to 22,384.96.
South Korea's main index added 0.6 percent, China's Shanghai's benchmark climbed 1.5 percent and Australia's index advanced 1.1 percent. However, markets in Indonesia, Singapore and Thailand fell modestly.
Among this year's best performers, Asian indexes have been pushing higher as the weakening dollar and immense liquidity lead foreign investors to channel funds into the region.
Asia could see a "gold rush" toward the end of the year as investors who missed out on part of this year's run-up shift more money here, predicted Clive McDonnell, Singapore-based head of Asia strategy at BNP Paribas Securities.
"A lot of international funds have been underweight Asia and that has hurt them," McDonnell said. "As we head into the fourth quarter, the pressure is on to catch up."

 


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