World News

Atlanta mayor calls for citizens to stop 'shooting each other' after murder of 8-year-old near BLM protest site

Leo Terrell on frustration with left’s failure to call out rioters, says Black Lives Matter is disingenuous

Civil rights attorney Leo Terrell joins Mark Levin on ‘Life, Liberty & Levin’ to discuss state of race relations, police reform in America.

In an impassioned press conference Sunday night, Atlanta Mayor Keisha Lance Bottoms issued a full-throated call for citizens to stop "shooting each other up on our streets," after an eight-year-old girl was shot and killed on the Fourth of July near a Wendy's that has become a flashpoint of anti-police Black Lives Matter (BLM) protests in the city.

Bottoms, a Democrat who is considered a potential running mate for Joe Biden, made the remarks as she fought through tears — and the nation endured a new bout of urban carnage. Sixty-three people were injured and 17 killed in Chicago, including two children, over the weekend; and in New York City, 44 were hurt and at least six killed.

“Enough is enough," Bottoms said. "Enough is enough. We have talked about this movement that's happening across America and this moment in time when we have the ears and the interests of people across this country and across this globe who are saying they want to see change. But the difference in this moment in time with the civil rights movement — the civil rights movement, there was a defined, common enemy. We're fighting the enemy within when we are shooting each other up on our streets."

She continued: "You shot and killed a baby. And there wasn’t just one shooter; there were at least two shooters. An eight-year-old baby. If you want people to take us seriously, and you don't want us to lose this movement, then we can't lose each other."

"It has to stop," Bottoms added, according to FOX 5 Atlanta. "You can't blame this on police officers. It's about people who shot a baby in a car. We're doing each other more harm than any officer on this force."

Secoriya Williamson, the father of eight-year-old Secoriea Turner, told reporters that his daughter had been killed after at least two people in a crowd of armed people opened fire on a car she was riding in with her mother. Authorities said the mother had attempted to drive through illegally placed barricades in the area when the vehicle came under fire Saturday night.

Bottoms said there have been problems with protesters in the area putting up barriers to close off the street. She said she received a message that the barriers were back up less than an hour before she was informed that the eight-year-old girl had died.

"They say Black Lives Matter. You killed your own," Williamson said. "They killed my baby because she crossed a barrier and made a U-turn? You killed a child. She didn't do nothing to nobody. Black Lives Matter? You killing your own. You killed an eight-year-old child. She ain't did nothing to no one of y'all. She just wanted to get home to see her cousin. That's all she wanted to do."

The shooting happened near the Wendy’s restaurant where a black man, Rayshard Brooks, was killed by an Atlanta police officer on June 12. Brooks was shot only after he was caught on tape beating two officers, stealing a taser from one, and then turning and shooting the taser at an officer. The officer who shot Brooks is now fighting charges that could bring the death penalty, and the officer's stepmother was fired from her job. (She told Fox News she was "stunned" by her termination and the charges against her son.)

The fast-food outlet was later burned, and the area has since become a site for frequent demonstrations against alleged police brutality.

In a statement Sunday, police said the girl was in a car with her mother and a friend of the mother when they got off Interstate-75/85 onto University Avenue and were trying to enter a parking lot nearby. They ran into a group of armed individuals who had blocked the entrance.

“At some point, someone in that group opened fire on the vehicle, striking it multiple times and striking the child who was inside,” the statement read. The driver drove the girl to Atlanta Medical Center but she did not survive.

Police said they are seeking help from the public to identify those involved and released a wanted poster saying a person all dressed in black and another in a white T-shirt were being sought.

"Police shot 9 unarmed black people all of last year. 25 people were shot just in Atlanta. Yesterday."

“An eight-year-old girl was killed last night because her mother was riding down the street,” Bottoms said. “If Secoriea was not safe last night, none of us are safe.”

The mayor urged anyone with information about the shooting to come forward.

"The political agenda of BLM results in blacks being killed," said journalist Andy Ngo, who extensively covers Antifa and the BLM movement.  BLM explicitly advocates for the destruction of the "nuclear family structure," which President Trump has called the "bedrock of American life." Multiple commentators have agreed that stable family structures greatly reduce crime rates, citing statistics and personal experience.

Added commentator Matt Walsh: "Police shot 9 unarmed black people all of last year. 25 people were shot just in Atlanta. Yesterday. And not by police. BLM says the first thing is a crisis worthy of rioting but the second is not."

Until recently, BLM was viewed with skepticism by members of both parties. A newly unearthed, secretive 2015 Democratic congressional memo flatly calls BLM a "radical" group.

The violence in Atlanta wasn't restricted to BLM-related areas. Police said two other people, in addition to the eight-year-old, were killed and more than 20 people were injured in incidents of gunfire and violence during the long holiday weekend.

The mayor said the city’s 911 system was flooded with calls Saturday night and pointed to protesters who damaged a Georgia State Patrol headquarters in Atlanta in a separate incident early Sunday. But she said the city’s police force, though tasked by the weekend’s shootings, did not have problems with large numbers of police officers calling in sick.

That had been a problem in the days after murder charges were filed against one of the officers in the Brooks shooting.

Meanwhile, citing publicly available data, commentators have asserted that the very idea of systemic racism by police is questionable — and that efforts to focus on the police may obscure problems elsewhere.

"In 2018, the latest year for which such data have been published, African-Americans made up 53% of known homicide offenders in the U.S. and commit about 60% of robberies, though they are 13% of the population," Heather Mac Donald wrote in The Wall Street Journal.

"In 2018 there were 7,407 black homicide victims," she went on. "Assuming a comparable number of victims last year, those nine unarmed black victims of police shootings represent 0.1% of all African-Americans killed in 2019. By contrast, a police officer is 18½ times more likely to be killed by a black male than an unarmed black male is to be killed by a police officer."

Mac Donald continued: "A 2015 Justice Department analysis of the Philadelphia Police Department found that white police officers were less likely than black or Hispanic officers to shoot unarmed black suspects. Research by Harvard economist Roland G. Fryer Jr. also found no evidence of racial discrimination in shootings. Any evidence to the contrary fails to take into account crime rates and civilian behavior before and during interactions with police."

Fryer's work has also determined that when police pull out of communities, black deaths tend to increase.

"The false narrative of systemic police bias resulted in targeted killings of officers during the Obama presidency," Mac Donald concluded.

Fox News' Edmund DeMarche and The Associated Press contributed to this report.

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Ford partners with Disney for Bronco lineup debut

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Ford Motor Company is partnering with Disney to simultaneously reveal its new Bronco 4×4 SUVs across multiple TV channels.

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A trio of three-minute ads by Academy Award-winning director Jimmy Chin will air on ABC, ESPN and National Geographic during the 8 p.m. Eastern hour Monday, July 13, Ford announced Thursday.

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DIS WALT DISNEY COMPANY 112.18 -0.83 -0.73%


Ford introduced the original Bronco in 1966 and produced the SUVs through 1996, when the line was cut in favor of the larger Explorer. The new model Bronco will be the first since ’96.

“Ford Bronco is an icon that has capture people’s imaginations and inspired them to explore the most remote corners of American and the world since the 1960s,” Ford Chief Operating Officer Jim Farley said in a statement.

The Dearborn, Michigan-based automaker has mostly been quiet about the details of the new Bronco lineup. However, Ford did show off a racing prototype Bronco for last year’s Baja 1000 off-road race in Mexico. The company said at the time that the prototype’s EcoBoost engine with twin turbos was “representative of what the production Bronco will offer.”

Ford’s racing prototype Bronco. (Ford)


Ford had been set to reveal the new Broncos at the North American International Auto Show in Detroit last month but had to scrap the plans due to the coronavirus pandemic.

The partnership with Disney marks the first time Disney’s creative agency, Disney CreativeWorks, is sharing content across multiple networks during prime time. The ads will also appear on Hulu the next day. The ads will air during “CMA Best of the Fest” on ABC, “SportsCenter” on ESPN and “National Parks: Yosemite” on National Geographic.

Ford’s 1969 Bronco lineup (Ford)


Rita Ferro, president of Disney advertising sales, said in a statement that Disney offers an “unrivaled portfolio of brands.”

“With Ford, we’re reimagining what a product reveal can look like by drawing upon our best-in-class sports, entertainment and streaming brands to bring the new Bronco family to life in a way that honors its heritage and gives viewers and unforgettable experience,” Ferro said.


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Varney: It's time for Joe Biden to face real questions

Varney: What does Biden think about trashing statues?

FOX Business’ Stuart Varney wonders what presumptive Democratic nominee Joe Biden thinks of tearing down statues, the defacing federal property, the Democratic National Committee attacking President Trump over his planned trip to Mount Rushmore or Seattle’s CHOP.

President Trump is set to attend a fireworks display for a Fourth of July celebration at Mount Rushmore, the iconic monument that honors George Washington, Thomas Jefferson, Theodore Roosevelt and Abraham Lincoln.

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But the planned visit drew some ire from the Democratic National Committee, which tweeted that his visit is "glorifying white supremacy."

While the tweet was later taken down, FOX Business' Stuart Varney noted the Democrats' first thought was to "somehow slime the president" during his recent "My Take."

"So we've come to this: Virtually any statue from the past can be attacked, vandalized and torn down, and that includes George Washington," Varney said.


New York Times columnist Charles M. Blow wrote in a Sunday op-ed that "Yes, even George Washington" statues must be taken down due to the ongoing debate over existing monuments.

"On the issue of American slavery, I am an absolutist: enslavers were amoral monsters," Blow wrote. "The very idea that one group of people believed that they had the right to own another human being is abhorrent and depraved. The fact that their control was enforced by violence was barbaric."


Blow argued slaveowners "used anti-black dehumanization to justify the holding of slaves and the profiting from slave labor."

The New York Times columnist explained Washington owned more than 100 slaves and noted Washington's support of the Fugitive Slave Act of 1793 which allowed slave owners to capture runaways in any state and criminalized helping slaves to escape. The Thirteenth Amendment later nullified the law.

Varney worries "trashing the Founding Fathers" a slippery slope.


"When only the far left's opinion on race, culture and history is the only opinion that's allowed, you know the country has a problem," Varney said.

While this debate is raging, presumptive Democratic presidential nominee Joe Biden has remained somewhat silent, Varney noted.

"He told Politico that he supports a commission to decide on renaming military bases but that's about it," Varney said. "He hasn't held a press conference in months."


Varney believes Americans aren't happy to see the country's history "canceled and spray painted."

"Don't tell me we are prepared to see a presidential candidate ignore what members of his own party are doing," Varney said.

Varney said Biden is also not weighing in on the defund the police movement and the death of a 16-year-old who was shot in Seattle's CHOP zone.

"So far, silence has been golden," Varney said. "He's gone up in the polls without saying a word. It's time he faced real questions, and then we'll all be able to make an informed decision in November."

Fox News' Joseph A. Wulfsohn contributed to this report.


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World News

NYC house selling for $828K has the scariest listing photos ever

It’s like a nightmare chamber from a horror movie: dead vines coming in through the window of a derelict kitchen, holes in the front door — and floors and walls and ceilings — and the scariest bathtub this side of “Psycho.”

And it can be your home sweet home for just $828,888!

Welcome to 50-18 196th St., a four-bedroom property in affluent Fresh Meadows, Queens, which hit the market in March. Neighbors call the brick hovel an eyesore.

“This is a beautiful neighborhood, and the house [is] terrible,” said one area resident, who declined to provide her name for privacy, of the property situated on a prime corner. “I don’t know what happened in that house, why they kept it like that — or why the city didn’t do anything about it . . . I’m sure that, because of the price, nobody wants to buy that kind of house.”

Records say that an entity titled DCG Realty LLC bought the home for $675,000 in 2005 from a man named Michael Robinson, who died in 2007.

“They kept it unattended for obviously an extended period of time,” said Douglas Elliman listing agent W. Kenny Thongpanich of the owners, whom he declined to identify. “It just lacked upkeep, to say the least.”

The only thing more shocking than the condition of the residence is the price tag. But in this neck of Queens, which is home to the city’s leading public school district, it’s the foot-in-the-door cost for a stand-alone place.

“You’re in a high-priced market . . . In comparison to other parts of Queens, it’s significantly more expensive, but relative to the surrounding properties, it’s not,” said a real estate source not involved in the listing. “There is a strong correlation with the quality of the local schools . . . that influences property values significantly.”

The median asking price for a home in Fresh Meadows is $989,000 and the median sale price is $859,444, according to January-to-May StreetEasy data.

What’s more, this home stands in New York City’s coveted public school District 26. In 2019, 72.8 percent of students in Grades 3 through 8 passed the state English Language Arts exam, and 75.2 percent passed in math, according to Department of Education data, making it the highest-performing school district in town.

(Citywide, the respective average pass rates were 47.4 percent and 45.6 percent.)

The property’s lot is a generous 4,912 square feet, according to PropertyShark. “It is on the larger size,” said Thongpanich, adding the majority of lot sizes in the area are 4,000 square feet.

In the listing, Thongpanich markets the home as “not in livable condition,” and said it’s up to the buyer to renovate it in full, or tear it down, noting that the lot is zoned for one single-family home. “You would essentially have a property that is in mint condition . . . that is going to be at, if not above, market value.”

“[The block] is peaceful,” said a neighbor who grew up across the street from 50-18 196th St. and declined to provide his name. “You don’t hear any sirens ever.”

Thongpanich added that he included the array of grotesque listing images in a gesture of “transparency.”

The area resident added there is really only one fate that should await this house of horrors: tearing it down.

“I hope so,” she said. “Because it’s terrible.”

Additional reporting by Susan Edelman

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Wirecard files for insolvency owing $4 billion

Wirecard collapsed on Thursday owing creditors almost $4 billion after disclosing a gaping hole in its books that its auditor EY said was the result of a sophisticated global fraud.

The payments company filed for insolvency at a Munich court saying that, with 1.3 billion euros ($1.5 billion) of loans due within a week, its survival as a going concern was “not assured”.

Wirecard’s implosion came just seven days after EY, its auditor for more than a decade, refused to sign off on the 2019 accounts, forcing out Chief Executive Markus Braun and leading the company to admit that $2.1 billion of its cash probably didn’t exist.

“There are clear indications that this was an elaborate and sophisticated fraud involving multiple parties around the world,” EY said in a statement.

EY said while it was completing the 2019 audit, it was provided with false confirmations with regard to escrow accounts and reported them to the relevant authorities.

Wirecard declined to comment following EY’s statement.

The financial technology company is the first member of Germany’s prestigious DAX stock index to go bust, barely two years after winning a spot among the country’s top 30 listed companies with a market valuation of $28 billion.

“The Wirecard case damages corporate Germany. It should be a wake-up call for reforms,” said Volker Potthoff, chairman of corporate governance think-tank ArMID.

Creditors have scant hope of getting back the 3.5 billion euros they are owed, sources familiar with the matter said. Of that total, Wirecard has borrowed 1.75 billion from 15 banks and issued 500 million in bonds.

“The money’s gone,” said one banker. “We may recoup a few euros in a couple of years but will write off the loan now.”

The collapse of Wirecard, once one of the hottest fintech companies in Europe, dwarfs other German corporate failures. It has shaken the country’s financial establishment, with Felix Hufeld, the head of regulator BaFin, calling the scandal a “total disaster”.

Wirecard shares, which were suspended ahead of an earlier announcement that it would seek creditor protection, crashed 80 percent when trading resumed.

They have lost 98 percent since auditor EY questioned its accounts last Thursday.

EY, one of the world’s “Big Four” accountancy and consulting firms, faces a wave of litigation in a debacle that has drawn comparisons with Arthur Andersen’s disastrous oversight of US energy company Enron.

German law firm Schirp & Partner said that with Wirecard now effectively sidelined, it would file class actions against EY on behalf of shareholders and bondholders.

“It is frightening how long Wirecard AG was able to operate without being objected to by the auditors,” partner Wolfgang Schirp said.

Wirecard’s new management had been in crisis talks with creditors but pulled out on Thursday morning “due to impending insolvency and over-indebtedness.”

The insolvency filing did not include its Wirecard Bank subsidiary, which holds an estimated 1.4 billion euros in deposits and is already under emergency management by BaFin.

A second source close to talks with creditors said although the company had a healthy core, it had faked two-thirds of its sales. This meant there was no way it could repay all its debt, notwithstanding all the legal challenges it will face.

The ascent of Wirecard, which was founded in 1999 and is based in a Munich suburb, was dogged by allegations from whistleblowers, reporters and speculators that its revenue and profits had been pumped up through fake transactions.

Braun fended off the critics for years before finally calling in outside auditor KPMG late last year to run an independent investigation.

KPMG, which published its findings in April, was unable to verify 1 billion euros in cash balances, questioned Wirecard’s acquisition accounting and said it could not trace hundreds of millions in cash advances to merchants.

“Today is a complete vindication for those that exposed the fraud,” said Fraser Perring, who bet on a fall in Wirecard’s shares and co-authored a 2016 report that alleged fraud.

The Munich prosecutor’s office, which is investigating Braun on suspicion of misrepresenting Wirecard’s accounts and of market manipulation, said: “We will now look at all possible criminal offences.”

Braun was arrested on Monday and released on bail of 5 million euros a day later. Former chief operating officer Jan Marsalek is also under suspicion and believed to be in the Philippines, according to justice officials there.

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Varney: Trump standing for law and order amid violent protests

Varney: Silence from Dems on protests is ‘deafening’

FOX Business’ Stuart Varney argues anarchy and protests won’t win votes for the Democrats.

FOX Business’ Stuart Varney, in his latest “My Take,” argues President Trump is taking action against violent protesters.

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“Dismay is giving way to outrage. In the last two weeks we've seen a constant stream of violent demonstrations and occupations,” Varney said. “Understandably perhaps, many have been embarrassed that this is happening in our country. Appalled at the George Floyd killing. Dismayed by the violence. But nothing was done. Night after night the monuments toppled, the flag was burned, churches vandalized, people beaten.”


However, that stage of the unrest is over, Varney said.

“Something is being done,” he said. “In Washington right now, hundreds of National Guard troops are marshaling: they will protect the statues and monuments scattered all over the capitol.”

The White House is visible behind a statue of President Andrew Jackson in Lafayette Park, Tuesday, June 23, 2020, in Washington, with the word “Killer” spray painted on its base. (AP Photo/Andrew Harnik)

Varney noted the Democrat governor in Wisconsin has also called the National Guard.

“This follows the beating of a state senator who had been taking pictures of the demonstrators,” Varney said. “Enough is enough! In Madison, the demonstrators had actually taken down the statue of Hans Christian Heg, an abolitionist who died trying to end slavery. They chucked the statue in a lake.”

Varney believes the politics of all this may be shifting.

“The silence from Democrats has been deafening: they wouldn't even debate Sen. Tim Scott's police reform bill!” he said. “They've said not a word about the trashing of St. John's Episcopal Church, known as the Church of Presidents right next to the White House. They've run away from the anarchists ‘zone’ in Seattle. They won't even defend George Washington.”


New cement and wood barricades bear the name CHOP, Tuesday, June 16, 2020, inside what has been named the Capitol Hill Occupied Protest zone in Seattle. (AP Photo/Ted S. Warren)

Varney said anarchy is not a vote-winner for Democrats.

“As The Wall Street Journal editorialized this week: ‘somebody has to put a stop to this,’” Varney said. “Somebody has to stand up and speak out because America will not just roll over as the mob destroys history and obliterates free speech.”


Varney said Biden won't take action against the mob.

“Who stands for law and order?” he asked. “It’s not Joe Biden. It is President Trump!”


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SBA officially updates PPP forgiveness rules loosening restrictions on loan recipients

New bill would allow small businesses to apply for second PPP loan

PPP loan recipients may be able to apply for additional aid under a newly proposed bill. FOX Business’ Hillary Vaughn with more.

The Small Business Administration officially updated its forgiveness guidelines for small business owners who received loans through the taxpayer-backed Paycheck Protection Program.

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On Tuesday night, the SBA amended its rules for loan recipients seeking forgiveness in order to be consistent with the changes passed by Congress in the Paycheck Protection Program Flexibility Act (PPPFA) earlier this month.


A concern among small business owners who tapped the Paycheck Protection Program, a $610 billion fund established at the end of March, was that guidelines on how to spend the money were too strict and could potentially leave them on the hook for the money.

The PPPFA, signed into law by President Trump about three weeks ago, eased the restrictions on how the money must be spent in order to be forgiven. Loan recipients now only have to spend 60 percent of the aid on maintaining payroll — including salary, health insurance, leave and severance pay —  rather than the previous 75 percent rule. The remaining 40 percent can go toward operating costs like rent and utilities.

That was just one of the many changes passed in the law. It extended the timeline for businesses to spend the money from two months to 24 weeks. However, if businesses choose to get the loan forgiven after eight weeks, they are still able to do so.


Another key aspect of the PPPFA is that it gives businesses until Dec. 31 to rehire workers in order for their salaries to count toward forgiveness; previously, they had until June 30 — a problem for some in states where businesses were slower to open their economies. The employee salary eligible for forgiveness is still capped at $100,000.

The law also eased rehiring requirements for businesses. For instance, if a small business owner is unable to rehire an individual who was an employee on or before Feb. 15, or is able to prove they were unable to hire a similarly qualified candidate, their loan may still be eligible for forgiveness.

If the loans are not forgiven, a business will have five years at 1 percent interest to repay the loan, rather than the initial two years.

Businesses have until June 30 to apply for a PPP loan, if they have not already done so.


As of Tuesday, more than 4.67 million loans worth close to $515 billion had been distributed through the program. Congress allocated about $610 billion to the PPP, leaving roughly $100 billion left over in the fund.

It's unclear what will happen to the remaining money once the program expires at the end of the month.

One proposal introduced by Sens. Chris Coons, D-Del., and Jeanne Shaheen, D-N.H., would allow businesses with fewer than 100 employees to tap the taxpayer-backed fund for a second time if they can prove that they lost half of their revenue as a result of the virus outbreak.

Eligible businesses must have exhausted their initial PPP loan, or be on pace to spend the aid in order to qualify for another loan. The bill would also extend the loan application deadline for businesses from June 30 to Dec. 30 or later. A companion bill has been introduced in the House.


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World News

Amazon signs lease for biggest NYC delivery station

Amazon wants to own everything: Former Toys ‘R’ Us CEO

Former Toys ‘R’ Us CEO Gerald Storch on Amazon’s

Amazon has signed a lease for its biggest delivery station ever in New York City, the company confirmed to FOX Business.

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The property Queens is 1 million square feet; the delivery station building will be 117,000 square feet, and the rest of the space will be used for parking, a spokesperson said.

"We are excited to increase our investment in the New York City area with a new delivery station that will provide fast and efficient deliveries and create hundreds of job opportunities for the talented local workforce," an Amazon spokesperson said.

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AMZN AMAZON.COM INC. 2,764.41 +50.59 +1.86%

The former paper factory in Queens, where Amazon had originally planned to build its headquarters before Rep. Alexandria Ocasio-Cortez, D-NY, blocked the company's move, is a strategic location for the tech giant because it allows access to Manhattan, the Bronx and Brooklyn.


Amazon has two fulfillment centers in New York City — one in Staten Island, its largest fulfillment warehouse at 855,000 square feet, and one in Manhattan.


Packages are transported to delivery stations after they are processed at Amazon's fulfillment centers and are then sent by van to customers' homes.

A man leaves an Amazon fulfillment center, March 19, 2020, on Staten Island, in New York. (AP Photo/Kathy Willens)

The tech giant also announced on Wednesday that it is launching a global "Counterfeit Crimes Unit" made up of former federal prosecutors, investigators and data analysts to help the company catch third-party retailers that sell counterfeit products — an issue that has led to years of legal trouble for the company.


Amazon invested more than $500 million and employed more than 8,000 employees to fight fraud and abuse, including counterfeit, in 2019. That effort stopped an estimated 2.5 million bad actors and more than 6 billion suspected bad listings, but the company noted in a press release that more resources are needed to combat counterfeiters.

"Every counterfeiter is on notice that they will be held accountable to the maximum extent possible under the law, regardless of where they attempt to sell their counterfeits or where they're located," Dharmesh Mehta, Amazon's vice president of customer trust and partner support, said in a statement. "We are working hard to disrupt and dismantle these criminal networks, and we applaud the law enforcement authorities who are already part of this fight."


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