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☆ U.S. charges former Montenegro boxer over 22-ton, $1 billion cocaine seizure
▼ + stars: | 2022-10-31 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

NEW YORK, Oct 31 (Reuters) - A former heavyweight boxer from Montenegro was charged by the U.S. Department of Justice on Monday with trafficking in 22 tons of cocaine worth over $1 billion, most of which was part of one of the largest cocaine seizures in American history. The complex operation required knowledge of each ship's crew, route and location data, and that there was room to store drugs in shipping containers that were already aboard, prosecutors said. According to court papers, Gogic oversaw the logistics, coordinating with crew members, Colombian traffickers and European dockworkers to benefit himself and his Balkan-based cartels. At least eight Gayane crew members have pleaded guilty to conspiracy charges. According to online records, Gogic was a boxer from 2001 to 2012, winning 21 bouts and losing four with two draws.

CNN —The Philadelphia Phillies beat the Houston Astros in dramatic fashion Friday night to take Game 1 of the World Series 6-5 in extras. “The way we fought back in that game after being down 5-0, that is a Phillies win right there,” Realmuto said. Verlander, a likely future hall of famer, remains winless as a starter in the World Series in his stellar career. The Astros’ only previous World Series win came when they defeated the Los Angeles Dodgers in 2017. A Phillies series win would give the franchise its third World Series title, with its last coming back in 2008.

WASHINGTON — Pennsylvania Republicans announced Wednesday plans to impeach and potentially remove from office Philadelphia District Attorney Larry Krasner, a national leader among progressive prosecutors who was overwhelmingly re-elected last year. It also comes as progressive prosecutors and recent criminal justice reforms have faced blowback due to rising crime. Republicans control both chambers of the Legislature, but White is the only GOP member from Philadelphia, which is on pace to break last year’s record-setting homicide rate. Pennsylvania’s Constitution gives the Legislature broad power to impeach “all civil officers” for “any misbehavior in office,” though it has almost never exercised that authority. As with the federal impeachment process, a simple majority vote of the state House is needed to impeach.

☆ NHL roundup: Lightning topple Islanders again
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +8 min

The Lightning, who beat the host Florida Panthers 3-2 in overtime Friday, improved to 8-2 in their past 10 games against the Islanders. Devils 2, Sharks 1Yegor Sharangovich and Dawson Mercer scored second-period goals to lead New Jersey to a victory over visiting San Jose. The Blues controlled the first eight minutes of the game and scored the game's first goal on a power play. Avalanche 3, Golden Knights 2Nathan MacKinnon, Valeri Nichushkin and Evan Rodrigues scored goals, and visiting Colorado beat Vegas. He also became the first defenseman in NHL history to begin a season with a five-game goal streak.

☆ Wall Street ends lower as Fed worries outweigh earnings
▼ + stars: | 2022-10-20 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

The New York Stock Exchange building is seen from Broad Street in Lower Manhattan in New York, January 20, 2016. But stocks were unable to hold their gains as strong weekly jobless claims and comments from Federal Reserve Bank of Philadelphia President Patrick Harker bolstered concerns about the Fed hiking rates and potentially tilting the economy into a recession. Better-than-expected results thus far has pushed earnings growth expectations for third-quarter for S&P 500 companies to 3.1% from a 2.8% increase earlier in the week, but still well below the 11.1% increase that was forecast at the start of July. Other data showed sales of existing homes fell for an eight straight month, while another reading showed factory activity in the Federal Reserve Bank of Philadelphia's district contracted again in October. The S&P 500 posted 3 new 52-week highs and 28 new lows; the Nasdaq Composite recorded 53 new highs and 239 new lows.

☆ Wall Street retreats as Fed worries outweigh earnings
▼ + stars: | 2022-10-20 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +3 min

The New York Stock Exchange building is seen from Broad Street in Lower Manhattan in New York, January 20, 2016. But stocks were unable to hold their gains as strong weekly jobless claims and comments from Federal Reserve Bank of Philadelphia President Patrick Harker bolstered concerns about the Fed hiking rates and potentially tilting the economy into a recession. Better-than-expected results thus far has pushed earnings growth expectations for third-quarter for S&P 500 companies to 3.1% from a 2.8% increase earlier in the week, but still well below the 11.1% increase that was forecast at the start of July. Other data showed sales of existing homes fell for an eight straight month, while another reading showed factory activity in the Federal Reserve Bank of Philadelphia's district contracted again in October. The S&P 500 posted 3 new 52-week highs and 23 new lows; the Nasdaq Composite recorded 40 new highs and 204 new lows.

☆ Philadelphia Fed finds factory activity pulled back in October
▼ + stars: | 2022-10-20 | by ( Michael S. Derby | ) www.reuters.com time to read: +1 min

NEW YORK, Oct 20 (Reuters) - Factory activity in the Federal Reserve Bank of Philadelphia's district contracted again in October, the bank said in a report Thursday. The bank's index for general activity stood at -8.7 for last month, a modest improvement from September's -9.9 reading. Economists had expected a better performance, however, at a forecasted reading of -5. The report found local factory operators reporting higher employment and inflationary pressures, and that they also see activity falling over the next half year. Register now for FREE unlimited access to Reuters.com RegisterReporting by Michael S. Derby; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ MLB roundup: Cardinals, Yankees clinch division titles
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +9 min

Yankees right-hander Jameson Taillon (14-5) allowed two runs and seven hits in 7 1/3 innings. Brian Anderson had three hits and scored two runs for the Marlins, and Jacob Stallings hit a two-run single. Casas, who finished 3-for-4, clobbered a two-run homer in the second inning. Hunter Dozier hit a two-run homer for the Royals, who got two hits from Michael A. Taylor. Altuve went 3-for-4 with four runs, and Hensley contributed an RBI single and a two-run homer.

☆ Drag performer, 25, dies mid-performance at Philadelphia bar
▼ + stars: | 2022-09-15 | by ( Alexander Kacala | ) www.nbcnews.com time to read: +3 min

A Philadelphia drag performer beloved by the local LGBTQ community died Monday night during a performance at a popular gay bar. Valencia Prime, 25, was performing at Tabu Lounge and Sports bar, in the heart of Philadelphia's Gayborhood, when she collapsed on stage, bar owner Jeffrey Sotland said. "We say goodbye to Valencia Prime but we will not forget the light you brought to the stage." Valencia Prime. According to Prime's Facebook page, she graduated from Delran High School in 2015 and later attended Rowan College at Burlington County in New Jersey and Temple University in Philadelphia.

☆ Why Joe Biden thinks he's never too old to be your president
▼ + stars: | 2022-09-13 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +28 min

As the oldest sitting president, he's raising concerns about how long he can continue governing. Republicans — including Trump — have gleefully seized on Biden's verbal misadventures, such as when he called his vice president "President Harris." President Joe Biden drives the Ford's new all-electric F-150 Lightning in Dearborn, Michigan. Ruggerio described the idea that Joe Biden is diminished or can't remember things as "bull crap." Cox said that while he thinks Biden is "still Joe" and still capable, he worries that Biden's age is a problem.

☆ Joe Biden owed Philly money after leaving a muddy mess from a campaign event. After a delay, the city says it's now getting paid.
▼ + stars: | 2020-12-04 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +6 min

Philadelphia is demanding that Joe Biden's campaign pay up following a campaign event in November left the city cleaning up a water-logged FDR Park. Liza Acevedo, a spokesperson for the Biden presidential transition committee, confirmed Friday evening that the final payment is on its way. The rainy drive-in campaign event at FDR Park on November 01, 2020 left a water-logged muddy mess that the city had to clean up. Philadelphia City Hall has already raised taxes, cut some services, and laid off hundreds of government workers to balance its books. Philadelphia, meanwhile, is hoping that Biden's team will pay up faster than Democrat Hillary Clinton, who conducted a campaign event near Philadelphia City Hall in 2016.

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