‘Beale Street’ Tops Spirit Awards; Close Wins Best Actress

Two years after his “Moonlight” triumphed on the eve of the Oscars, Barry Jenkins’ adaptation of the James Baldwin novel “If Beale Street Could Talk” Saturday topped the 34th Film Independent Spirit Awards, winning best film, best director and best supporting female for Regina King.

The Spirit Awards, always a casual preamble to Sunday’s Academy Awards, featured a few things the Oscars don’t have: a host (actress Aubrey Plaza) and female filmmaker nominees, including Tamara Jenkins (“Private Life”), Debra Granik (“Leave No Trace”) and Lynne Ramsey (“You Were Never Really Here”).

But as much as the afternoon belonged to women, Jenkins’ lyrical period drama emerged the biggest winner two years after his “Moonlight” won at the Spirits and (despite a touch of trouble with the envelopes) at the Oscars. Given his fellow nominees, even Jenkins was sheepish about it.

“I’m not gonna lie, man,” said Jenkins accepting the directing award. “I didn’t want to win this.”

Jenkins used his speech to instead largely urge more movies to be made with female directors and specifically credited the Scottish filmmaker Ramsey — who encouraged Jenkins as a film student — for inspiration. 

“This award has your DNA in it,” Jenkins said.

Female filmmakers honored

“Leave No Trace” and “You Were Never Really Here” won other awards, though. “You Were Never Really Here” won for its editing. Granik was honored with the Spirits’ second annual Bonnie Award, a grant for midcareer female directors. The audience gave her a standing ovation.

“I wasn’t expecting such a love bomb,” a clearly moved Granik said.

A day before many expect her to finally win her first Academy Award, best female lead went to Glenn Close for her performance in “The Wife.” Close was accompanied everywhere by her loyal white Havanese dog Pip: on the awards’ “blue carpet,” on stage with her, and backstage speaking to reporters. While Close accepted her award, Pip rolled on his back alongside her.

“I hope you don’t mind Pippy came up here with me,” Close said. “He’s my date.”

Fewer Oscar contenders

This year’s Spirits included fewer Oscar contenders than usual, which meant a chance, as Plaza said, for the Spirits to get back to their roots and honor “the movies that are too good to be seen.”

Their best-picture winner has often predicted Oscar-winners, including “Moonlight,” ″Spotlight,” ″Birdman” and “12 Years a Slave.” But last year Jordan Peele’s “Get Out” took the Spirits’ top honor before Guillermo del Toro’s “The Shape of Water” won at the Academy Awards. This year, “Beale Street” is nominated for three Oscars but not best picture.

King, though, is the front-runner for best supporting actress.

“If you haven’t seen it, go see it,” said King of “Beale Street” before chuckling. “I’m still promoting.”

Smaller-budget films

The Spirit Awards limit nominees to films with budgets of $20 million and less, eliminating bigger budget contenders like “Black Panther” and “A Star Is Born.” They also focus on American movies, limiting Oscar nominees like “Roma” and “The Favourite” to the best international film category, which Alfonso Cuaron’s “Roma” won.

Cuaron, whose film is favored to become the first foreign language film to win best picture Sunday, said he believes cinema is growing more diverse, “and that will make this category irrelevant.”

Ethan Hawke won best male lead for “First Reformed,” an award collected for the absent actor by his co-star, Amanda Seyfried.

Marielle Heller’s “Can You Ever Forgive Me?” took awards for both Richard E. Grant’s supporting performance and best screenplay for Nicole Holofcener and Jeff Witty. Holofcener called up Heller to join them on stage.

Best first feature went to Boots Riley’s madcap political satirical “Sorry to Bother You.” In his acceptance speech, Riley, a longtime musician making his directorial debut, spoke out against U.S. involvement in Venezuela. He said film is growing more socially conscious.

“There are real movements out there happening on the streets,” Riley said. “Rightly so, film is responding to that.”

Other awards

Other awards included best documentary for the Oscar-snubbed Fred Rogers documentary “Won’t You Be My Neighbor?”; best first screenplay went to the comedian-turned-director Bo Burnham for “Eighth Grade”; Luca Guadagnino’s “Suspiria” won the Robert Altman ensemble award and best cinematography; and the micro-budget “En El Septimo Dia” won the Spirits’ John Cassavetes Award, which honors movies made for less than $500,000.

In her opening monologue, Plaza tweaked the Oscars: “The network’s first choice was no one, but they were already booked for tomorrow.”

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‘Beale Street’ Tops Spirit Awards; Close Wins Best Actress

Two years after his “Moonlight” triumphed on the eve of the Oscars, Barry Jenkins’ adaptation of the James Baldwin novel “If Beale Street Could Talk” Saturday topped the 34th Film Independent Spirit Awards, winning best film, best director and best supporting female for Regina King.

The Spirit Awards, always a casual preamble to Sunday’s Academy Awards, featured a few things the Oscars don’t have: a host (actress Aubrey Plaza) and female filmmaker nominees, including Tamara Jenkins (“Private Life”), Debra Granik (“Leave No Trace”) and Lynne Ramsey (“You Were Never Really Here”).

But as much as the afternoon belonged to women, Jenkins’ lyrical period drama emerged the biggest winner two years after his “Moonlight” won at the Spirits and (despite a touch of trouble with the envelopes) at the Oscars. Given his fellow nominees, even Jenkins was sheepish about it.

“I’m not gonna lie, man,” said Jenkins accepting the directing award. “I didn’t want to win this.”

Jenkins used his speech to instead largely urge more movies to be made with female directors and specifically credited the Scottish filmmaker Ramsey — who encouraged Jenkins as a film student — for inspiration. 

“This award has your DNA in it,” Jenkins said.

Female filmmakers honored

“Leave No Trace” and “You Were Never Really Here” won other awards, though. “You Were Never Really Here” won for its editing. Granik was honored with the Spirits’ second annual Bonnie Award, a grant for midcareer female directors. The audience gave her a standing ovation.

“I wasn’t expecting such a love bomb,” a clearly moved Granik said.

A day before many expect her to finally win her first Academy Award, best female lead went to Glenn Close for her performance in “The Wife.” Close was accompanied everywhere by her loyal white Havanese dog Pip: on the awards’ “blue carpet,” on stage with her, and backstage speaking to reporters. While Close accepted her award, Pip rolled on his back alongside her.

“I hope you don’t mind Pippy came up here with me,” Close said. “He’s my date.”

Fewer Oscar contenders

This year’s Spirits included fewer Oscar contenders than usual, which meant a chance, as Plaza said, for the Spirits to get back to their roots and honor “the movies that are too good to be seen.”

Their best-picture winner has often predicted Oscar-winners, including “Moonlight,” ″Spotlight,” ″Birdman” and “12 Years a Slave.” But last year Jordan Peele’s “Get Out” took the Spirits’ top honor before Guillermo del Toro’s “The Shape of Water” won at the Academy Awards. This year, “Beale Street” is nominated for three Oscars but not best picture.

King, though, is the front-runner for best supporting actress.

“If you haven’t seen it, go see it,” said King of “Beale Street” before chuckling. “I’m still promoting.”

Smaller-budget films

The Spirit Awards limit nominees to films with budgets of $20 million and less, eliminating bigger budget contenders like “Black Panther” and “A Star Is Born.” They also focus on American movies, limiting Oscar nominees like “Roma” and “The Favourite” to the best international film category, which Alfonso Cuaron’s “Roma” won.

Cuaron, whose film is favored to become the first foreign language film to win best picture Sunday, said he believes cinema is growing more diverse, “and that will make this category irrelevant.”

Ethan Hawke won best male lead for “First Reformed,” an award collected for the absent actor by his co-star, Amanda Seyfried.

Marielle Heller’s “Can You Ever Forgive Me?” took awards for both Richard E. Grant’s supporting performance and best screenplay for Nicole Holofcener and Jeff Witty. Holofcener called up Heller to join them on stage.

Best first feature went to Boots Riley’s madcap political satirical “Sorry to Bother You.” In his acceptance speech, Riley, a longtime musician making his directorial debut, spoke out against U.S. involvement in Venezuela. He said film is growing more socially conscious.

“There are real movements out there happening on the streets,” Riley said. “Rightly so, film is responding to that.”

Other awards

Other awards included best documentary for the Oscar-snubbed Fred Rogers documentary “Won’t You Be My Neighbor?”; best first screenplay went to the comedian-turned-director Bo Burnham for “Eighth Grade”; Luca Guadagnino’s “Suspiria” won the Robert Altman ensemble award and best cinematography; and the micro-budget “En El Septimo Dia” won the Spirits’ John Cassavetes Award, which honors movies made for less than $500,000.

In her opening monologue, Plaza tweaked the Oscars: “The network’s first choice was no one, but they were already booked for tomorrow.”

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Hate Crimes Increasing, But Few Turn Out to be Hoaxes

The number of hate crimes, or crimes against a protected minority, has increased over the last several years in the United States. Advocates fear the alleged false reporting of a hate crime by an American actor may cause people to doubt real victims and prevent some victims from going to the police. VOA’s Carolyn Presutti takes a look at the impact of a hate crime hoax in a country facing deep divisions.

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Hate Crimes Increasing, But Few Turn Out to be Hoaxes

The number of hate crimes, or crimes against a protected minority, has increased over the last several years in the United States. Advocates fear the alleged false reporting of a hate crime by an American actor may cause people to doubt real victims and prevent some victims from going to the police. VOA’s Carolyn Presutti takes a look at the impact of a hate crime hoax in a country facing deep divisions.

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US-China Trade Talks Extended as March Deadline Approaches

The United States and China are discussing a meeting between their two leaders soon to finalize a trade agreement. To move things forward, the latest round of trade talks between senior officials is being extended into the weekend. As Nike Ching reports, experts say world’s two largest economies must bridge wide gaps as they seek common ground before new U.S. tariffs are set to start.

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US-China Trade Talks Extended as March Deadline Approaches

The United States and China are discussing a meeting between their two leaders soon to finalize a trade agreement. To move things forward, the latest round of trade talks between senior officials is being extended into the weekend. As Nike Ching reports, experts say world’s two largest economies must bridge wide gaps as they seek common ground before new U.S. tariffs are set to start.

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Oscars Fail to Include Asian Films, Community, Critics Say

The Oscars this year features a diverse range of nominations from the first Netflix film, Roma to Black Panther as possibly the first superhero film that could win the Best Picture award. Since the twitter campaign #OscarsSoWhite began in 2015, the Academy Awards has been criticized for lacking diversity and failing to include marginalized communities. Critics say this year’s nominations, as usual, failed to recognize the Asian community. VOA’s Anna Kook has more.

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Oscars Fail to Include Asian Films, Community, Critics Say

The Oscars this year features a diverse range of nominations from the first Netflix film, Roma to Black Panther as possibly the first superhero film that could win the Best Picture award. Since the twitter campaign #OscarsSoWhite began in 2015, the Academy Awards has been criticized for lacking diversity and failing to include marginalized communities. Critics say this year’s nominations, as usual, failed to recognize the Asian community. VOA’s Anna Kook has more.

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Singer R. Kelly Arrested at Chicago Precinct

R&B star R. Kelly was taken into custody after arriving Friday night at a Chicago police precinct, hours after authorities announced multiple charges of aggravated sexual abuse involving four victims, including at least three between the ages of 13 and 17.

The 52-year-old singer, whose real name is Robert Kelly, was driven to the station in a dark colored van with heavily tinted rear windows. The vehicle pulled up outside the precinct about 8:15 p.m. and a security detail for Kelly kept reporters and cameramen at arms’ length as he exited the side door.

Police spokesman Anthony Guglielmi tweeted a short time later that Kelly was under arrest.

Kelly did not respond to questions from reporters as he walked inside the building. He was expected to be held overnight before an appearance Saturday in bond court.

Cook County State’s Attorney’s Kim Foxx announced 10 counts Friday against the Grammy winner. She said the abuse dated back as far as 1998 and spanned more than a decade.

Decades of allegations

Kelly has been trailed for decades by allegations that he violated underage girls and women and held some as virtual slaves.

The singer, who was acquitted of child pornography charges in 2008, has consistently denied any sexual misconduct.

“He is extraordinarily disappointed and depressed. He is shell-shocked by this,’’ Steve Greenberg, Kelly’s attorney, told The Associated Press.

The arrest sets the stage for another #MeToo-era celebrity trial. Bill Cosby went to prison last year, and former Hollywood studio boss Harvey Weinstein is awaiting trial.

New video evidence

Best known for hits such as “I Believe I Can Fly,’’ Kelly was charged a week after Michael Avenatti, the attorney whose clients have included porn star Stormy Daniels, said he gave prosecutors new video evidence of the singer with an underage girl.

At a news conference in Chicago, Avenatti said a 14-year-old girl seen with R. Kelly on the video is among four victims mentioned in the indictment. He said the footage shows two separate scenes on two separate days at Kelly’s residence in the late 1990s.

During the video, both the victim and Kelly refer to her age 10 times, he said.

Avenatti said he represents six clients, including two victims, two parents and two people he describes as “knowing R. Kelly and being within his inner circle for the better part of 25 years.’’

The new charges marked “a watershed moment,’’ he said, adding that he believes more than 10 other people associated with Kelly should be charged as “enablers’’ for helping with the assaults, transporting minors and covering up evidence.

The video surfaced during a 10-month investigation by Avenatti’s office. He told the AP that the person who provided the VHS tape knew both Kelly and the female in the video.

Acquitted of child pornography charges

The jury in 2008 acquitted Kelly of child pornography charges that arose from a graphic video that prosecutors said showed him having sex with a girl as young as 13. He and the young woman allegedly seen with him denied they were in the 27-minute video, even though the picture quality was good and witnesses testified it was them, and she did not take the stand. Kelly could have gotten 15 years in prison.

Charging Kelly now for actions that occurred in the same time frame as the allegations from the 2008 trial suggests the accusers are cooperating this time and willing to testify.

Each count of the new charges carries up to seven years in prison. If Kelly is convicted on all 10 counts, a judge could decide that the sentences run one after the other, making it possible for him to receive up to 70 years behind bars. Probation is also an option under the statute.

Legally and professionally, the walls began closing in on Kelly after the release of a BBC documentary about him last year and the multipart Lifetime documentary “Surviving R. Kelly,’’ which aired last month. Together they detailed allegations he was holding women against their will and running a “sex cult.’’

In the indictment, the prosecution addressed the question of the statute of limitations, saying that even abuse that happened more than two decades ago falls within the charging window allowed under Illinois law. Victims typically have 20 years to report abuse, beginning when they turn 18.

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Singer R. Kelly Arrested at Chicago Precinct

R&B star R. Kelly was taken into custody after arriving Friday night at a Chicago police precinct, hours after authorities announced multiple charges of aggravated sexual abuse involving four victims, including at least three between the ages of 13 and 17.

The 52-year-old singer, whose real name is Robert Kelly, was driven to the station in a dark colored van with heavily tinted rear windows. The vehicle pulled up outside the precinct about 8:15 p.m. and a security detail for Kelly kept reporters and cameramen at arms’ length as he exited the side door.

Police spokesman Anthony Guglielmi tweeted a short time later that Kelly was under arrest.

Kelly did not respond to questions from reporters as he walked inside the building. He was expected to be held overnight before an appearance Saturday in bond court.

Cook County State’s Attorney’s Kim Foxx announced 10 counts Friday against the Grammy winner. She said the abuse dated back as far as 1998 and spanned more than a decade.

Decades of allegations

Kelly has been trailed for decades by allegations that he violated underage girls and women and held some as virtual slaves.

The singer, who was acquitted of child pornography charges in 2008, has consistently denied any sexual misconduct.

“He is extraordinarily disappointed and depressed. He is shell-shocked by this,’’ Steve Greenberg, Kelly’s attorney, told The Associated Press.

The arrest sets the stage for another #MeToo-era celebrity trial. Bill Cosby went to prison last year, and former Hollywood studio boss Harvey Weinstein is awaiting trial.

New video evidence

Best known for hits such as “I Believe I Can Fly,’’ Kelly was charged a week after Michael Avenatti, the attorney whose clients have included porn star Stormy Daniels, said he gave prosecutors new video evidence of the singer with an underage girl.

At a news conference in Chicago, Avenatti said a 14-year-old girl seen with R. Kelly on the video is among four victims mentioned in the indictment. He said the footage shows two separate scenes on two separate days at Kelly’s residence in the late 1990s.

During the video, both the victim and Kelly refer to her age 10 times, he said.

Avenatti said he represents six clients, including two victims, two parents and two people he describes as “knowing R. Kelly and being within his inner circle for the better part of 25 years.’’

The new charges marked “a watershed moment,’’ he said, adding that he believes more than 10 other people associated with Kelly should be charged as “enablers’’ for helping with the assaults, transporting minors and covering up evidence.

The video surfaced during a 10-month investigation by Avenatti’s office. He told the AP that the person who provided the VHS tape knew both Kelly and the female in the video.

Acquitted of child pornography charges

The jury in 2008 acquitted Kelly of child pornography charges that arose from a graphic video that prosecutors said showed him having sex with a girl as young as 13. He and the young woman allegedly seen with him denied they were in the 27-minute video, even though the picture quality was good and witnesses testified it was them, and she did not take the stand. Kelly could have gotten 15 years in prison.

Charging Kelly now for actions that occurred in the same time frame as the allegations from the 2008 trial suggests the accusers are cooperating this time and willing to testify.

Each count of the new charges carries up to seven years in prison. If Kelly is convicted on all 10 counts, a judge could decide that the sentences run one after the other, making it possible for him to receive up to 70 years behind bars. Probation is also an option under the statute.

Legally and professionally, the walls began closing in on Kelly after the release of a BBC documentary about him last year and the multipart Lifetime documentary “Surviving R. Kelly,’’ which aired last month. Together they detailed allegations he was holding women against their will and running a “sex cult.’’

In the indictment, the prosecution addressed the question of the statute of limitations, saying that even abuse that happened more than two decades ago falls within the charging window allowed under Illinois law. Victims typically have 20 years to report abuse, beginning when they turn 18.

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Your Flight’s Seat-Back Screen May Be Watching You

Now there is one more place where cameras could be watching you — from 30,000 feet.

Newer seat-back entertainment systems on some airplanes operated by American Airlines and Singapore Airlines have cameras, and it’s likely they are also on planes used by other carriers.

American and Singapore both said Friday that they have never activated the cameras and have no plans to use them.

However, companies that make the entertainment systems are installing cameras to offer future options such as seat-to-seat video conferencing, according to an American Airlines spokesman.

A passenger on a Singapore flight posted a photo of the seat-back display last week, and the tweet was shared several hundred times and drew media notice. Buzzfeed first reported that the cameras are also on some American planes.

Cameras standard features

The airlines stressed that they didn’t add the cameras — manufacturers embedded them in the entertainment systems. American’s systems are made by Panasonic, while Singapore uses Panasonic and Thales, according to airline representatives. Neither Panasonic nor Thales responded immediately for comment.

As they shrink, cameras are being built into more devices, including laptops and smartphones. The presence of cameras in aircraft entertainment systems was known in aviation circles at least two years ago, although not among the traveling public.

Seth Miller, a journalist who wrote about the issue in 2017, thinks that equipment makers didn’t consider the privacy implications. There were already cameras on planes, although not so intrusive, and the companies assumed that passengers would trade their images for convenience, as they do with facial-recognition technology at immigration checkpoints, he said.

“Now they’re facing blowback from a small but vocal group questioning the value of the system that isn’t even active,” Miller said.

American Airlines spokesman Ross Feinstein said cameras are in “premium economy” seats on 82 Boeing 777 and Airbus A330-200 jets. American has nearly 1,000 planes.

“Cameras are a standard feature on many in-flight entertainment systems used by multiple airlines,” he said.

Singapore spokesman James Boyd said cameras are on 84 Airbus A350s, Airbus A380s and Boeing 777s and 787s. The carrier has 117 planes.

Cameras not turned on

While the airlines say they have no plans to use the cameras, a Twitter user named Vitaly Kamluk, who snapped the photo of the camera on his Singapore flight, suggested that just to be sure the carriers should slap stickers over the lenses.

“The cameras are probably not used now,” he tweeted. “But if they are wired, operational, bundled with mic, it’s a matter of one smart hack to use them on 84+ aircrafts and spy on passengers.”

your ad here

Your Flight’s Seat-Back Screen May Be Watching You

Now there is one more place where cameras could be watching you — from 30,000 feet.

Newer seat-back entertainment systems on some airplanes operated by American Airlines and Singapore Airlines have cameras, and it’s likely they are also on planes used by other carriers.

American and Singapore both said Friday that they have never activated the cameras and have no plans to use them.

However, companies that make the entertainment systems are installing cameras to offer future options such as seat-to-seat video conferencing, according to an American Airlines spokesman.

A passenger on a Singapore flight posted a photo of the seat-back display last week, and the tweet was shared several hundred times and drew media notice. Buzzfeed first reported that the cameras are also on some American planes.

Cameras standard features

The airlines stressed that they didn’t add the cameras — manufacturers embedded them in the entertainment systems. American’s systems are made by Panasonic, while Singapore uses Panasonic and Thales, according to airline representatives. Neither Panasonic nor Thales responded immediately for comment.

As they shrink, cameras are being built into more devices, including laptops and smartphones. The presence of cameras in aircraft entertainment systems was known in aviation circles at least two years ago, although not among the traveling public.

Seth Miller, a journalist who wrote about the issue in 2017, thinks that equipment makers didn’t consider the privacy implications. There were already cameras on planes, although not so intrusive, and the companies assumed that passengers would trade their images for convenience, as they do with facial-recognition technology at immigration checkpoints, he said.

“Now they’re facing blowback from a small but vocal group questioning the value of the system that isn’t even active,” Miller said.

American Airlines spokesman Ross Feinstein said cameras are in “premium economy” seats on 82 Boeing 777 and Airbus A330-200 jets. American has nearly 1,000 planes.

“Cameras are a standard feature on many in-flight entertainment systems used by multiple airlines,” he said.

Singapore spokesman James Boyd said cameras are on 84 Airbus A350s, Airbus A380s and Boeing 777s and 787s. The carrier has 117 planes.

Cameras not turned on

While the airlines say they have no plans to use the cameras, a Twitter user named Vitaly Kamluk, who snapped the photo of the camera on his Singapore flight, suggested that just to be sure the carriers should slap stickers over the lenses.

“The cameras are probably not used now,” he tweeted. “But if they are wired, operational, bundled with mic, it’s a matter of one smart hack to use them on 84+ aircrafts and spy on passengers.”

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US-China Trade Hopes Lift Stocks

Stocks rose in major markets around the world Friday on bets of progress in trade talks between China and the United States, while crude futures hit their highest level in more than three months supported by ongoing supply cuts. 

U.S. President Donald Trump said Friday that there was a very good chance the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 deadline to reach an agreement. 

U.S. and Chinese negotiators meeting in Washington made progress and will extend this week’s round of negotiations by two days, he said.  

Main stock indexes on Wall Street rose as the optimistic trade talk more than offset signs of slower growth in both U.S. earnings and the economy, with the S&P 500 posting a fourth consecutive week of gains. 

The Dow Jones industrial average rose 181.18 points, or 0.7 percent, to 26,031.81; the S&P 500 gained 17.79 points, or 0.64 percent, to 2,792.67; and the Nasdaq Composite added 67.84 points, or 0.91 percent, to 7,527.55. The Dow rose for the ninth consecutive week.

Overnight, shares in Asia were buoyed by a late rally in Chinese shares, with the main blue-chip index rising more than 2 percent to a near seven-month high. 

Emerging market stocks rose 0.73 percent after touching the highest level since August. MSCI’s broadest index of Asia-Pacific shares outside Japan closed 0.7 percent higher, while Japan’s Nikkei lost 0.18 percent. 

Trade talks and a growing number of policy U-turns by global central banks have propped up equities in recent weeks, although this week saw the first outflows from emerging market debt and equity funds since October 2018, Bank of America Merrill Lynch strategists said, citing EPFR data. 

Crude rising 

Oil prices touched their highest level in more than three months, supported by OPEC supply cuts as well as the trade developments. New record U.S. oil supply, however, limited gains in post-settle trade. 

U.S. crude rose 0.37 percent to $57.17 per barrel and Brent was last at $67.00, down 0.1 percent on the day. 

In currencies, the U.S. dollar was little changed against a basket of peers. The dollar index fell 0.05 percent, with the euro down 0.03 percent to $1.1331. The Japanese yen strengthened 0.03 percent versus the greenback at 110.68 per dollar. Sterling was last trading at $1.3053, up 0.03 percent on the day. 

The Australian dollar recovered a day after falling more than 1 percent after Reuters reported the Chinese port of Dalian had barred imports of Australian coal indefinitely. China said Friday that imports would continue, but customs has stepped up checks on foreign cargoes. 

Separate comments by Reserve Bank of Australia Gov. Philip Lowe that a rate increase may be appropriate next year also helped to boost the Aussie dollar. 

The Aussie dollar recently gained 0.56 percent versus the greenback at 0.7128. 

Despite gains on risky assets, safe-haven U.S. Treasuries also gained in price. Benchmark 10-year notes last rose 10/32 in price to yield 2.6536 percent, from 2.688 percent late on Thursday. 

The 30-year bond last rose 18/32 in price to yield 3.0159 percent, from 3.045 percent late Thursday. 

Spot gold added 0.4 percent to $1,328.20 an ounce. U.S. gold futures gained 0.21 percent to $1,330.60 an ounce. 

Copper rose 1.52 percent to $6,477.00 a metric ton. 

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US-China Trade Hopes Lift Stocks

Stocks rose in major markets around the world Friday on bets of progress in trade talks between China and the United States, while crude futures hit their highest level in more than three months supported by ongoing supply cuts. 

U.S. President Donald Trump said Friday that there was a very good chance the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 deadline to reach an agreement. 

U.S. and Chinese negotiators meeting in Washington made progress and will extend this week’s round of negotiations by two days, he said.  

Main stock indexes on Wall Street rose as the optimistic trade talk more than offset signs of slower growth in both U.S. earnings and the economy, with the S&P 500 posting a fourth consecutive week of gains. 

The Dow Jones industrial average rose 181.18 points, or 0.7 percent, to 26,031.81; the S&P 500 gained 17.79 points, or 0.64 percent, to 2,792.67; and the Nasdaq Composite added 67.84 points, or 0.91 percent, to 7,527.55. The Dow rose for the ninth consecutive week.

Overnight, shares in Asia were buoyed by a late rally in Chinese shares, with the main blue-chip index rising more than 2 percent to a near seven-month high. 

Emerging market stocks rose 0.73 percent after touching the highest level since August. MSCI’s broadest index of Asia-Pacific shares outside Japan closed 0.7 percent higher, while Japan’s Nikkei lost 0.18 percent. 

Trade talks and a growing number of policy U-turns by global central banks have propped up equities in recent weeks, although this week saw the first outflows from emerging market debt and equity funds since October 2018, Bank of America Merrill Lynch strategists said, citing EPFR data. 

Crude rising 

Oil prices touched their highest level in more than three months, supported by OPEC supply cuts as well as the trade developments. New record U.S. oil supply, however, limited gains in post-settle trade. 

U.S. crude rose 0.37 percent to $57.17 per barrel and Brent was last at $67.00, down 0.1 percent on the day. 

In currencies, the U.S. dollar was little changed against a basket of peers. The dollar index fell 0.05 percent, with the euro down 0.03 percent to $1.1331. The Japanese yen strengthened 0.03 percent versus the greenback at 110.68 per dollar. Sterling was last trading at $1.3053, up 0.03 percent on the day. 

The Australian dollar recovered a day after falling more than 1 percent after Reuters reported the Chinese port of Dalian had barred imports of Australian coal indefinitely. China said Friday that imports would continue, but customs has stepped up checks on foreign cargoes. 

Separate comments by Reserve Bank of Australia Gov. Philip Lowe that a rate increase may be appropriate next year also helped to boost the Aussie dollar. 

The Aussie dollar recently gained 0.56 percent versus the greenback at 0.7128. 

Despite gains on risky assets, safe-haven U.S. Treasuries also gained in price. Benchmark 10-year notes last rose 10/32 in price to yield 2.6536 percent, from 2.688 percent late on Thursday. 

The 30-year bond last rose 18/32 in price to yield 3.0159 percent, from 3.045 percent late Thursday. 

Spot gold added 0.4 percent to $1,328.20 an ounce. U.S. gold futures gained 0.21 percent to $1,330.60 an ounce. 

Copper rose 1.52 percent to $6,477.00 a metric ton. 

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Trump Administration Denying, Delaying More Foreign Skilled-worker Requests

The Trump administration is denying and delaying more skilled-worker visa petitions than at any time since at least 2015, in keeping with its promise to increase scrutiny of foreign workers, according to data the government released on Friday.

U.S. officials say they have made reforms that prioritize American workers, cut down on fraud and streamline the immigration process. But lawyers who help employers apply for the visas say the agency is rejecting legitimate applications and tying up requests in bureaucratic red tape.

The data provided by U.S. Citizenship and Immigration Services (USCIS), the agency that adjudicates the visas, extends to the 2015 fiscal year, encompassing the last two years of the Obama administration and the first two years of the Trump administration.

New policies for H-1B visas

Republican President Donald Trump campaigned in 2016 on restricting immigration, and early in his presidency issued an executive order directing the Department of Homeland Security, which oversees USCIS, to tighten its policies on H-1B visas. The visas are intended for foreign workers who generally have bachelor’s degrees or higher to work in the United States, often in the technology, healthcare and education sectors.

In the 2018 fiscal year, which ended on Sept. 30, the government issued “initial denials” to over 61,000 H-1B applications. In that time, the government issued decisions on over 396,000 applications.

That is more than double the number of such denials over the prior year, even as the total number of applications the government completed dropped by about 2 percent between 2017 and 2018.

And denials look set to increase even further this year. In the first quarter of the 2019 fiscal year, the government issued initial denials to nearly 25,000 H-1B applications, a 50 percent increase over the same period last year.

Approval rate drops

The majority of petitions are still being approved, but the approval rate is dropping. In 2015, the approval rate was 96 percent, compared with 85 percent last year.

“USCIS has made a series of reforms designed to protect U.S. workers, increase our confidence in the eligibility of those who receive benefits, cut down on frivolous petitions, and improve the integrity and efficiency of the immigration petition process,” said Jessica Collins, a USCIS spokeswoman.

The government data also show that the administration is issuing far more “requests for evidence” in response to H-1B applications. Such requests, or RFEs as they are known, often challenge the basis of the original petitions and require employers and attorneys to submit additional paperwork.

Receiving an RFE from the government can add several months and thousands of dollars in legal fees to the cost of applying for a visa, attorneys say.

Screening questioned

The number of completed H-1B petitions that drew an RFE reached over 150,000 last year, compared with 86,000 in 2017, a 75 percent increase.

Ron Hira, a professor at Howard University and critic of the H-1B program, said the data suggests USCIS is giving employers a fair opportunity to justify their petitions through the RFE process.

“It also makes one question whether the Obama administration was doing an adequate job in ensuring the integrity and accountability of the H-1B program,” Hira wrote in an email. He also noted that large tech companies, such as Microsoft Corp, Amazon, Alphabet Inc’s Google and Facebook Inc, enjoyed H-1B approval rates last year of 98 percent or 99 percent, according to USCIS, while firms that have been criticized for using H-1B workers to replace Americans saw their petitions approved at far lower rates.

But immigration attorneys say many of the denials and RFEs are violating the laws and regulations governing the program. Some companies are successfully challenging the denials in federal court. Entegris Professional Solutions, a Minnesota company, sued USCIS in December over the rejection of an H-1B application for one of its employees.

This month, USCIS reopened the case and granted the petition, said Matthew Webster, one of Entegris’ attorneys on the case.

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Trump Administration Denying, Delaying More Foreign Skilled-worker Requests

The Trump administration is denying and delaying more skilled-worker visa petitions than at any time since at least 2015, in keeping with its promise to increase scrutiny of foreign workers, according to data the government released on Friday.

U.S. officials say they have made reforms that prioritize American workers, cut down on fraud and streamline the immigration process. But lawyers who help employers apply for the visas say the agency is rejecting legitimate applications and tying up requests in bureaucratic red tape.

The data provided by U.S. Citizenship and Immigration Services (USCIS), the agency that adjudicates the visas, extends to the 2015 fiscal year, encompassing the last two years of the Obama administration and the first two years of the Trump administration.

New policies for H-1B visas

Republican President Donald Trump campaigned in 2016 on restricting immigration, and early in his presidency issued an executive order directing the Department of Homeland Security, which oversees USCIS, to tighten its policies on H-1B visas. The visas are intended for foreign workers who generally have bachelor’s degrees or higher to work in the United States, often in the technology, healthcare and education sectors.

In the 2018 fiscal year, which ended on Sept. 30, the government issued “initial denials” to over 61,000 H-1B applications. In that time, the government issued decisions on over 396,000 applications.

That is more than double the number of such denials over the prior year, even as the total number of applications the government completed dropped by about 2 percent between 2017 and 2018.

And denials look set to increase even further this year. In the first quarter of the 2019 fiscal year, the government issued initial denials to nearly 25,000 H-1B applications, a 50 percent increase over the same period last year.

Approval rate drops

The majority of petitions are still being approved, but the approval rate is dropping. In 2015, the approval rate was 96 percent, compared with 85 percent last year.

“USCIS has made a series of reforms designed to protect U.S. workers, increase our confidence in the eligibility of those who receive benefits, cut down on frivolous petitions, and improve the integrity and efficiency of the immigration petition process,” said Jessica Collins, a USCIS spokeswoman.

The government data also show that the administration is issuing far more “requests for evidence” in response to H-1B applications. Such requests, or RFEs as they are known, often challenge the basis of the original petitions and require employers and attorneys to submit additional paperwork.

Receiving an RFE from the government can add several months and thousands of dollars in legal fees to the cost of applying for a visa, attorneys say.

Screening questioned

The number of completed H-1B petitions that drew an RFE reached over 150,000 last year, compared with 86,000 in 2017, a 75 percent increase.

Ron Hira, a professor at Howard University and critic of the H-1B program, said the data suggests USCIS is giving employers a fair opportunity to justify their petitions through the RFE process.

“It also makes one question whether the Obama administration was doing an adequate job in ensuring the integrity and accountability of the H-1B program,” Hira wrote in an email. He also noted that large tech companies, such as Microsoft Corp, Amazon, Alphabet Inc’s Google and Facebook Inc, enjoyed H-1B approval rates last year of 98 percent or 99 percent, according to USCIS, while firms that have been criticized for using H-1B workers to replace Americans saw their petitions approved at far lower rates.

But immigration attorneys say many of the denials and RFEs are violating the laws and regulations governing the program. Some companies are successfully challenging the denials in federal court. Entegris Professional Solutions, a Minnesota company, sued USCIS in December over the rejection of an H-1B application for one of its employees.

This month, USCIS reopened the case and granted the petition, said Matthew Webster, one of Entegris’ attorneys on the case.

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NY Governor Orders Probe Into Facebook Data Access From iOS Apps

New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal information from smartphone users, including health and other sensitive data, than had previously been known.

The directive to New York’s Department of State and Department of Financial Services came after The Wall Street Journal said testing showed that Facebook collected personal information from other apps on users’ smartphones within seconds of them entering it.

The WSJ reported that several apps share sensitive user data including weight, blood pressure and ovulation status with Facebook. The report said that the company can access data in some cases even when the user is not signed into Facebook or does not have a Facebook account.

In a statement Cuomo called the practice an “outrageous abuse of privacy.” He also called on the relevant federal regulators to become involved.

Facebook did not immediately respond to a Reuters request for comment.

Shares in Facebook took a short-lived hit after the Wall Street Journal report was published, but closed up 1.2 percent.

In late January Cuomo along with New York Attorney General Letitia James announced an investigation into Apple Inc’s failure to warn consumers about a FaceTime bug that had let iPhones users listen to conversations of others who have not yet accepted a video call.

Facebook is facing a slew of lawsuits and regulatory inquiries over privacy issues, including a U.S. Federal Trade Commission investigation into disclosures that Facebook inappropriately shared information belonging to 87 million users with British political consulting firm Cambridge Analytica.

New York’s financial services department does not traditionally supervise social media companies directly, but has waded into digital privacy in the financial sector and could have oversight of some app providers that send user data to Facebook.

In March, it is slated to implement the country’s first cybersecurity rules governing state-regulated financial institutions such as banks, insurers and credit monitors.

Last month, DFS said life insurers could use social media posts in underwriting policies, so long as they did not discriminate based on race, color, national origin, sexual orientation or other protected classes.

your ad here

NY Governor Orders Probe Into Facebook Data Access From iOS Apps

New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal information from smartphone users, including health and other sensitive data, than had previously been known.

The directive to New York’s Department of State and Department of Financial Services came after The Wall Street Journal said testing showed that Facebook collected personal information from other apps on users’ smartphones within seconds of them entering it.

The WSJ reported that several apps share sensitive user data including weight, blood pressure and ovulation status with Facebook. The report said that the company can access data in some cases even when the user is not signed into Facebook or does not have a Facebook account.

In a statement Cuomo called the practice an “outrageous abuse of privacy.” He also called on the relevant federal regulators to become involved.

Facebook did not immediately respond to a Reuters request for comment.

Shares in Facebook took a short-lived hit after the Wall Street Journal report was published, but closed up 1.2 percent.

In late January Cuomo along with New York Attorney General Letitia James announced an investigation into Apple Inc’s failure to warn consumers about a FaceTime bug that had let iPhones users listen to conversations of others who have not yet accepted a video call.

Facebook is facing a slew of lawsuits and regulatory inquiries over privacy issues, including a U.S. Federal Trade Commission investigation into disclosures that Facebook inappropriately shared information belonging to 87 million users with British political consulting firm Cambridge Analytica.

New York’s financial services department does not traditionally supervise social media companies directly, but has waded into digital privacy in the financial sector and could have oversight of some app providers that send user data to Facebook.

In March, it is slated to implement the country’s first cybersecurity rules governing state-regulated financial institutions such as banks, insurers and credit monitors.

Last month, DFS said life insurers could use social media posts in underwriting policies, so long as they did not discriminate based on race, color, national origin, sexual orientation or other protected classes.

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NY Gov. Cuomo Deems Losing 2nd Amazon HQ ‘Greatest Tragedy’

Gov. Andrew Cuomo says Amazon’s backing out of a deal to put one of its second headquarters in New York City is the “greatest tragedy” he has seen since he’s been in government.

Cuomo said Friday on public radio station WAMC that losing the Amazon deal makes him sick to his stomach. Cuomo’s public comments were his first on the topic since his office issued a statement February 14, the day the Seattle-based internet retailer announced it was backing out of an agreement to redevelop a site in Queens.

Cuomo again blamed fellow Democrats who control the state Senate. They include Sen. Michael Gianaris, who represents the Long Island City neighborhood where Amazon wanted to base 25,000 jobs.

Emails requesting comment were sent to the offices of Gianaris and the Senate majority.

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NY Gov. Cuomo Deems Losing 2nd Amazon HQ ‘Greatest Tragedy’

Gov. Andrew Cuomo says Amazon’s backing out of a deal to put one of its second headquarters in New York City is the “greatest tragedy” he has seen since he’s been in government.

Cuomo said Friday on public radio station WAMC that losing the Amazon deal makes him sick to his stomach. Cuomo’s public comments were his first on the topic since his office issued a statement February 14, the day the Seattle-based internet retailer announced it was backing out of an agreement to redevelop a site in Queens.

Cuomo again blamed fellow Democrats who control the state Senate. They include Sen. Michael Gianaris, who represents the Long Island City neighborhood where Amazon wanted to base 25,000 jobs.

Emails requesting comment were sent to the offices of Gianaris and the Senate majority.

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