Florida governor vows aggressive probe of Irma nursing home deaths

The Rehabilitation Center at Hollywood Hills is pictured in Hollywood, Florida, U.S., September 13, 2017. REUTERS/Carlo Allegri

By Andrew Innerarity and Ricardo Ortiz

HOLLYWOOD, Fla./SAN JUAN, Puerto Rico (Reuters) – Florida Governor Rick Scott vowed on Wednesday that the state would aggressively investigate how six people died at a nursing home that lost power when Hurricane Irma rampaged through the region, as millions coped with another day without electricity.

The death toll from the storm approached 80 as officials continued to assess the damage after Irma powered through the Caribbean as one of the most powerful Atlantic hurricanes on record and slammed into the Florida Keys archipelago with sustained winds of up to 130 miles per hour (215 km per hour).

Irma killed at least 36 people in Florida, Georgia and South Carolina, according to officials. Some 4.2 million homes and businesses, or about 9 million people, were without power on Wednesday in Florida and nearby states.

Police opened a criminal investigation at the Rehabilitation Center at Hollywood Hills in Hollywood, north of Miami, where three elderly residents were found dead at the facility and three later died at a nearby hospital, officials said.

“I am going to work to aggressively demand answers on how this tragic event took place,” Scott said in a statement. “This situation is unfathomable. Every facility that is charged with caring for patients must take every action and precaution to keep their patients safe.”

More than 100 patients at the nursing home were evacuated on Wednesday along with 18 patients from a nearby facility that was cleared due to the criminal investigation, Hollywood officials said.

“Most of the patients have been treated for respiratory distress, dehydration and heat-related issues,” Randy Katz, a spokesman for Memorial Regional Hospital, told reporters. Memorial Regional is located across the street from the nursing home.

Police were first called to the facility at about 4:30 a.m. but did not arrive until after 6 a.m., officials said.

The center had been without air conditioning, Broward County Mayor Barbara Sharief told reporters on Wednesday.

“The building has been sealed off and we are conducting a criminal investigation inside,” Hollywood Police Chief Tomas Sanchez told reporters on Wednesday. “It was very hot on the second floor.”

Florida Power & Light said it had provided power to some parts of the Hollywood nursing home but that the facility was not on a county top tier list for emergency power restoration.

NEW DAMAGE ESTIMATES

Irma caused about $25 billion in insured losses, including $18 billion in the United States and $7 billion in the Caribbean, catastrophe modeler Karen Clark & Co estimated on Wednesday.

The Florida Keys were particularly hard hit, with federal officials saying that 25 percent of homes were destroyed and 65 percent suffered major damage when Irma barreled ashore on Sunday as a Category 4 hurricane.

Most residents had left by then and police have barred re-entry to most of the Keys to allow more time to restore electricity and medical service and bring water, food and fuel.

“I don’t have a house. I don’t have a job. I have nothing,” said Mercedes Lopez, 50, whose family fled north from the Keys town of Marathon on Friday and rode out the storm at an Orlando hotel, only to learn their home was destroyed, along with the gasoline station where Lopez worked.

President Donald Trump is due to visit the region on Thursday.

‘EVERYTHING IS GONE’

Irma wreaked total devastation in parts of the Caribbean, where at least 43 people have died.

People who fled their homes in hard-hit islands including St. Martin and the U.S. Virgin Islands that were all but cut off from the world for days arrived in San Juan late Tuesday.

Michael Beason, 65, of St. John in the U.S. Virgin Islands, said he lost everything.

“My house, my business, both my vehicles, everything is gone,” said Beason, who was stopping in San Juan before continuing to Boston to seek refuge with his wife’s brother.

“But we have life. We rode out that horrible storm in a shower that I had reinforced after Hurricane Marilyn,” Beason added. “I told the man (who installed the shower), I told him, ‘If the hurricane takes the rest of my house, I want this shower sticking up out of that slab like the last tooth in the mouth of a bum. And sure enough that’s what’s left.”

Irma hit the United States about two weeks after Hurricane Harvey plowed into Houston, killing about 60 and causing some $180 billion in damage, mostly from flooding.

U.N. Security Council to meet after North Korea fires another missile over Japan

People watch a television broadcasting a news report on North Korea firing a missile that flew over Japan's northern Hokkaido far out into the Pacific Ocean, in Seoul, South Korea, September 15, 2017. REUTERS/Kim Hong-Ji

By Jack Kim and Kaori Kaneko

SEOUL/TOKYO (Reuters) – North Korea fired a missile over Japan and far out into the Pacific Ocean on Friday for the second time in under a month, again challenging the United States and other world powers to rein in Pyongyang’s missile and nuclear programs.

Amid international condemnations of the test, the U.N. Security Council was to meet later in the day to discuss the launch at the request of the United States and Japan, diplomats said.

The missile flew over Hokkaido in the north and landed in the Pacific about 2,000 km (1,240 miles) to the east, Japanese Chief Cabinet Secretary Yoshihide Suga told reporters.

It traveled about 3,700 km (2,300 miles) in total, according to South Korea‘s military – far enough to reach the U.S. Pacific territory of Guam, which the North has threatened before.

“The range of this test was significant since North Korea demonstrated that it could reach Guam with this missile,” the Union of Concerned Scientists advocacy group said in a statement.

But it said the accuracy of the missile, still at an early stage of development, was low.

North Korea has launched dozens of missiles under leader Kim Jong Un as it accelerates a weapons program designed to give it the ability to target the United States with a powerful, nuclear-tipped missile.

Two tests in July were for long-range intercontinental ballistic missiles capable of reaching at least parts of the U.S. mainland. North Korea also staged its sixth and most powerful nuclear bomb test earlier this month.

Warning announcements about the most recent missile blared around 7 a.m. (2200 GMT Thursday) in parts of northern Japan, while many residents received alerts on their mobile phones or saw warnings on TV telling them to seek refuge.

U.S. Secretary of Defense Jim Mattis said the launch “put millions of Japanese into duck and cover”, although people in northern Japan seemed calm and went about business as normal.

The U.S. military said soon after the launch it had detected a single intermediate range ballistic missile but the missile did not pose a threat to North America or Guam, which lies 3,400 km (2,110 miles) from North Korea.

The missile reached an altitude of about 770 km (480 miles) and flew for about 19 minutes, according to South Korea‘s military.

U.S. SEEKS ‘NEW MEASURES’

U.S. officials repeated Washington’s “ironclad” commitments to the defense of its allies. Secretary of State Rex Tillerson called for “new measures” against North Korea and said the “continued provocations only deepen North Korea‘s diplomatic and economic isolation”.

U.S. disarmament ambassador Robert Wood said Washington wanted to exhaust every diplomatic option on North Korea‘s nuclear and missile programs and to see loopholes in sanctions against North Korean closed. Speaking in Geneva, he said the United States was not taking the option of war or a military strike off the table.

A poll by Gallup Analytics suggested a majority of Americans appeared ready to support military action against North Korea, at least as a last resort. Some 58 percent said they would favor taking military action if economic and diplomatic efforts failed to achieve U.S. goals. Gallup said this was up from 47 percent in favor the last time the group asked this, in 2003.

South Korean President Moon Jae-in said dialogue with the North was impossible at this point. He ordered officials to analyze and prepare for possible new North Korean threats, including electromagnetic pulse and biochemical attacks, a spokesman said.

Russia said the missile test was part of a series of unacceptable provocations and that the U.N. Security Council was united in believing such launches should not be taking place.

President Vladimir Putin discussed the launch in a phone call with French President Emanuel Macron and agreed on the need for a diplomatic solution, including through resuming direct talks on North Korea, the Kremlin said in a statement.

On global markets, shares and other risk assets barely moved and gold fell on Friday as traders paid little attention to the latest missile test, shifting their focus to where and when interest rates will go up.

The Security Council was to meet at 3 p.m. ET (1900 GMT), diplomats said, just days after its 15 members unanimously stepped up sanctions against North Korea over its Sept. 3 nuclear test.

Those sanctions imposed a ban on North Korea‘s textile exports and capped its imports of crude oil.

Last month, North Korea fired an intermediate range missile from a similar area near the capital Pyongyang that also flew over Hokkaido into the ocean and said more would follow.

“The first time was unexpected, but I think people are getting used to this as the new normal,” said Andrew Kaz, who teaches English in Kushiro City in Hokkaido. “The most it seemed to disrupt was my coffee.”

South Korea said it had fired a missile test into the sea to coincide with North Korea‘s launch and the presidential Blue House has called an urgent National Security Council meeting. Japan also convened a National Security Council meeting.

Pyongyang had threatened a day earlier to sink Japan and reduce the United States to “ashes and darkness” for supporting the U.N. Security Council’s latest resolution and sanctions.

‘DANGEROUS, RECKLESS’

The North accuses the United States, which has 28,500 troops in South Korea, of planning to invade and regularly threatens to destroy it and its Asian allies.

The United States and South Korea are technically still at war with North Korea because the 1950-53 Korean conflict ended with a truce and not a peace treaty.

U.S. President Donald Trump had been briefed on the latest launch, the White House said.

Trump has vowed that North Korea will never be allowed to threaten the United States with a nuclear-tipped missile, but has also asked China to do more to rein in its neighbor. China in turn favors an international response to the problem.

“China and Russia must indicate their intolerance for these reckless missile launches by taking direct actions of their own,” Tillerson said.

China’s foreign ministry spokeswoman, Hua Chunying, denied that China held the key to easing tension on the peninsula and said that duty lay with the parties directly involved.

“Any attempt to wash their hands of the issue is irresponsible and unhelpful for its resolution,” she said, reiterating China’s position that sanctions are only effective if paired with talks.

Oil holds near five-month high in most bullish week since July

By Jessica Resnick-Ault

NEW YORK (Reuters) – Brent oil prices held near five-month highs on Friday, and were on track for the biggest weekly gain since late July, on forecasts for rising demand and the gradual restart of U.S. oil refineries.

The Organization of the Petroleum Exporting Countries this week forecast higher demand for its oil in 2018 and pointed to signs of a tighter global market, indicating its deal with non-OPEC states to cut output is helping tackle a glut.

That was followed by a report from the International Energy Agency (IEA) saying the glut was shrinking thanks to strong European and U.S. demand, as well as production declines in OPEC and non-OPEC countries.

“This boost to the market is attracting fresh speculative length,” said Gene McGillian, director of market research at Tradition Energy in Stamford.

To sustain current high prices, continued strength in demand is needed, he said, noting that a weak fourth quarter in the U.S. could prompt traders to back off of long positions.

Brent crude <LCOc1> was down 3 cents at $55.45 a barrel by 12:31 p.m. EDT (1731 GMT), in a volatile session that saw it stretch from an intraday low of $54.86 to a high of $55.85 a barrel.

The benchmark was on track for its third straight weekly gain, rising 3.1 percent so far, which would be the highest weekly rise since the end of July.

U.S. West Texas Intermediate crude <CLc1> was down 17 cents at $49.73 a barrel. The contract looked set for a 5 percent weekly gain, also its strongest in nearly two months.

“Prices have now advanced for the last two weeks off increased demand forecasts from both OPEC and the IEA combined with the near-term demand uplift expected as U.S. oil refineries seek to restart operations post-Hurricane Harvey,” analysts at Panmure Gordon said.

Oil investors eyed further impact from increasing crude demand from U.S. oil refineries restarting after hurricane outages.

On Wednesday, 13 of 20 affected U.S. refineries were at or near normal operating rates and another five were restarting or ramping up, according to IHS Markit. The largest U.S. refinery, Motiva Enterprises plant in Port Arthur, Texas, was at half its full capacity, the company said Wednesday.

Analysts at HSBC said that despite the U.S. refinery outages, 2017 was set to be an “extremely strong year” for oil demand growth, a key factor underpinning a rise in prices.

“We remain convinced of longer-term upside to crude prices. With the lack of new major project sanctions, we expect conventional non-OPEC supply to start declining post-2018,” they said.

They maintained their 2018 and 2019 Brent price assumptions at $65 and $70 a barrel, respectively.

Data on this week’s U.S. oil rig count, an early indicator of future output, was due at about 1 p.m. (1700 GMT). U.S. energy firms last week cut oil rigs for a third time in the past four weeks as a 14-month drilling recovery stalled, General Electric Co’s Baker Hughes energy services firm said.

(Additional reporting by Aaron Sheldrick in Tokyo and Karolin Schaps in Amsterdam; Editing by Marguerita Choy and Susan Fenton)

Bitcoin bounces 20 percent after dipping below $3,000

By Jemima Kelly

LONDON (Reuters) – Bitcoin bounced by more than 20 percent in the space of just four hours on Friday, having skidded below $3,000 earlier as Chinese authorities ordered Beijing-based cryptocurrency exchanges to stop trading.

After a vertiginous climb to record highs close to $5,000 earlier this month, bitcoin had plunged almost 40 percent in the 12 following days, with the sell-off driven in large part by fears of China cracking down on the market as well as a warning from JPMorgan CEO Jamie Dimon that bitcoin was a “fraud”.

The rapidity of the fall – matched by losses across the hundreds of other cryptocurrencies that now rival bitcoin – had driven fears that a giant crypto-bubble was finally bursting. Bitcoin looked likely to record its worst week since 2013.

But after seven consecutive days of falls, bitcoin was up around 13 percent on the day by 1538 GMT at $3,637 on the U.S. Bitstamp exchange <BTC=BTSP>, around 22 percent up from its earlier low and leaving it just 13 percent down on the week.

Chinese exchanges were told by authorities to immediately notify users of their closure, and to stop allowing new user registrations as of Friday, according to a government notice.

But although Chinese exchanges used to dominate bitcoin trading – according to their reports – because of the fact that they did not charge fees, volumes have plunged since January, when Chinese authorities made fees mandatory.

That, industry experts said, means that although China is still important, the crackdown there would probably not be enough to cripple bitcoin, unless it was followed by exchange shut-downs in other parts of the globe.

“Chinese volumes account for less than 10 percent of global volume – they are no big deal,” said Charles Hayter, founder of cryptocurrency analysis website Cryptocompare.

Beijing-based platforms OkCoin and Huobi, which are among China’s biggest exchanges, said on Friday that they planned to stop yuan-based trading by Oct. 31, confirming earlier reports.

“Waiting for the axe to fall is worse than the actual event; leaked documents seem to be clearing up uncertainty,” said Hayter. “But also a bounce of this magnitude was on the cards after such steep losses.”

Shanghai-based BTCChina, a major Chinese bitcoin exchange, had said on Thursday it would stop all trading from Sept. 30, citing tightening regulation. Smaller Chinese bitcoin exchanges ViaBTC, YoBTC and Yunbi also announced similar closures on Friday.

(Reporting by Jemima Kelly; Editing by Gareth Jones)

Germany’s Merkel sees case for European fund to aid reform

PARIS (Reuters) – German Chancellor Angela Merkel underlined her support for a European Monetary Fund in an interview with European newspapers on Friday and said she could envisage financial support being granted to EU member states to help with reforms.

“We are working on a banking union and a European monetary fund so that we can act, under rigorous conditions, in crisis situations,” she told France’s Ouest-France newspaper and a German newspaper group.

“(I can see) the provision of financial assistance for reform projects in some countries,” she said. “But I don’t see for the moment a convincing case for a European tax.”

(Writing by Luke Baker; editing by Sudip Kar-Gupta)

Wall St unmoved by economic data, N. Korea missile test

By Sruthi Shankar

(Reuters) – U.S. stocks were little changed on Friday, but the Dow eked out another record high, as investors shrugged off North Korea’s latest missile test and domestic economic data that did little to move the needle on the timing of an interest rate hike.

The major indexes are hovering at record high levels, with investors now awaiting the Federal Reserve’s meeting on Sept. 19-20 to gauge the future path of monetary policy.

No monetary policy change is expected at the meet, but the odds of a December rate hike jumped on Thursday after a strong report on consumer prices, a closer read on inflation, which the central bank is closely monitoring.

U.S. retail sales unexpectedly fell last month, the Commerce Department said, while another report showed industrial output in August notched its first decline since January.

Both readings included the impact of Hurricane Harvey.

Earlier in the day, Pyongyang fired a second missile in as many weeks over Japan, which drew widespread criticism from global leaders, but barely moved shares and other risk assets.

“I think the market is kind of getting desensitized to that,” said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.

“But it can always use that as an excuse in an overbought situation, to take some pressure off.”

At 9:39 a.m. ET (1339 GMT), the Dow Jones Industrial Average <.DJI> was up 28.81 points, or 0.13 percent, at 22,232.29, the S&P 500 <.SPX> was down 0.45 points, or 0.01 percent, at 2,495.17.

The Nasdaq Composite <.IXIC> was down 5.31 points, or 0.08 percent, at 6,423.77.

The three major indexes were on track to log gains for the week, with the Dow poised for its best week in more than 8 months.

Despite geopolitical concerns and uncertainty regarding interest rates, the Dow has gained more than 12 percent this year, driven by strong corporate earnings reports and optimism that President Donald Trump will cut business taxes.

Eight of the 11 major S&P sectors were higher on the day, led by the telecom services sector’s <.SPLRCL> 0.45 percent rise.

Oracle <ORCL.N> fell 5.83 percent after the company’s disappointing profit forecast and indications of a slowing cloud business. The stock was the biggest drag on the S&P.

United Continental <UAL.N>, Spirit Airlines <SAVE.O> and American Airlines <AAL.O> fell between 1.20 percent and 2.10 percent after JPMorgan downgraded all three stocks.

Volatility may rise on as Friday, which marks the quadruple witching day, when investors unwind interests in futures and options contracts prior to their expiration.

Advancing issues outnumbered decliners on the NYSE by 1,424 to 1,074. On the Nasdaq, 1,305 issues fell and 1,022 advanced.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Savio D’Souza)

Olympics: Ovechkin concedes that his Pyeongchang dream is over

By Frank Pingue

(Reuters) – Alex Ovechkin has given up on his dream of playing for the Russian ice hockey team at the 2018 Pyeongchang Winter Olympics, a conclusion he begrudgingly accepted with the NHL refusing to halt its season to accommodate the event.

Ovechkin had long said he would compete in South Korea even if he was the only NHL player there but the International Ice Hockey Federation said this week anyone under contract with the league will not be able to play in the Games.

“I said every time I was asked since last Olympics that nobody is going to tell me I can’t play because my country was going to be allowed to ask me,” Ovechkin said in a statement released through the NHL’s Washington Capitals.

“Now the IIHF and NHL say my country is not allowed to ask anybody in the NHL to play and there is nothing to talk about anymore.”

NHL players have competed in the Olympics since 1998 but the league, unhappy over the prospect of shutting down its season for almost three weeks, said in April it was not planning to send its players to South Korea.

Several players had said they would go irrespective of the NHL’s decision but none were more outspoken than Ovechkin, who is one of the greatest Russian players of all time and one of the NHL’s most marketable names.

“This is not just about me but all the NHL players who want to play and have a chance to win Gold for their country,” said Ovechkin. “Me, my team mates and all players who want to go all lose. So do all the fans of hockey with this decision that we are not allowed to be invited.

“NHL players in the Olympics is good for hockey and good for Olympics. It sucks that will we not be there to play!!”

Ovechkin has competed at the last three Olympics, his best result coming in 2006 when Russia finished fourth. But the 31-year-old forward is hopeful of returning to the Olympic stage at the 2022 Beijing Games.

“There is nothing like Olympic Games. It is still my dream to win an Olympic Gold medal for my country,” Ovechkin said. “I hope things will change and all of us will have a chance to go again in 2022.”

(Reporting by Frank Pingue in Toronto, editing by Ed Osmond)

Ex-Trump aide Manafort’s spokesman goes before Russia probe grand jury

WASHINGTON (Reuters) – The spokesman for President Donald Trump’s former campaign manager Paul Manafort was testifying before a federal grand jury on Friday in connection with special counsel Robert Mueller’s investigation into possible collusion between Trump’s campaign and Russia.

Jason Maloni, the founder of the crisis public relations firm JadeRoq LLC, smiled as he entered the federal courthouse on Friday.

Mueller is investigating Manafort’s financial and real estate dealings as well as his prior work for the Party of Regions, a pro-Russian political party in Ukraine, that backed former Ukrainian leader Viktor Yanukovich.

Mueller’s investigators are examining potential money laundering by Manafort, Trump’s former campaign manager, as well as other possible financial crimes, sources have told Reuters.

Manafort is considered a major focus of Mueller’s investigation due to his senior role in Trump’s presidential campaign.

Manafort was also present at a June 2016 meeting with Russian lawyer Natalia Veselnitskaya who offered to provide damaging information about Democratic presidential candidate Hillary Clinton.

Others at that meeting included the president’s son, Donald Trump, Jr., and son-in-law, Jared Kushner, among others.

Russia has denied any meddling in the election and Trump has denied any collusion.

Earlier this year, Manafort’s Virginia home was raided by FBI agents.

Maloni, as Manafort’s spokesman, had told reporters that Manafort “has consistently cooperated with law enforcement and other serious inquiries and did so on this occasion as well.”

(Editing by Jeffrey Benkoe)

Key Republican senator doubts 15 percent corporate tax rate can be reached

WASHINGTON (Reuters) – The head of the Senate Finance Committee said on Friday he doubted negotiators trying to craft a tax reform bill could reach President Donald Trump’s goal of dropping the U.S. corporate tax rate to 15 percent.

“I sincerely doubt that we will be able to get to that level on corporate tax rates,” Republican Senator Orrin Hatch, whose panel has jurisdiction over the U.S. tax code in the Senate, told CNBC.

Two women injured by hammer-wielding attacker in eastern France

LYON, France (Reuters) – Two women were injured on Friday by an attacker wielding a hammer and shouting Allahu Akbar in the eastern French town of Chalon-sur-Saone in Burgundy, local officials said.

The local prosecutor’s office said witnesses of the attack in a public park of the town center heard the attacker shout Allahu Akbar while hitting the women, who were taken to hospital but whose life is not in danger.

Prosecutors said they were treating the incident as a possible terror attack, but also did not rule out the possibility the attacker was deranged.

The attacker was still on the run on Friday afternoon, police said.

(Reporting by Catherine Lagrange, writing by Michel Rose; Editing by Leigh Thomas)