The Dow Jones Industrial Average finished the trading day down 611 points, a blistering reaction to the United Kingdom’s decision to leave the European Union. At the start of the trading day, it plummeted more than 400 points as global markets were reeling from the results of the referendum. The index closed 3.39 percent in the red, erasing its 2016 gains. In the U.S., crude oil futures dropped nearly 5 percent to $47.64 per barrel. Before trading even began in the U.S., the British pound fell to a 31-year low overnight.
A Florida prosecutor who was suspended last week for controversial Facebook posts about the Orlando mass shooting has been fired, according to the Florida state attorney. Just hours after the attack, Assistant State Attorney Kenneth Lewisposted incendiary remarks about Orlando on the social-media platform: “It is void of a single redeeming quality. It is a melting pot of 3rd world miscreants and ghetto thugs. It is void of culture.” He later called for all nightclubs in Orlando to be permanently shut down. State Attorney Jeff Ashton said the posts violated its social-media policy. “As a prosecutor in this community, Mr. Lewis has the responsibility of maintaining the public’s trust through the ability, and perceived ability, to exercise sound, unbiased judgment,” Ashton said.
Hawaii will become the first U.S. state to require gun owners to be registered into a database when Gov. David Ige signs a bill into law Friday. The database will be kept by the FBI, and the agency will be notified when someone on the list is arrested anywhere in the U.S. Gun-rights groups like the National Rifle Association have long opposed such measures. In addition to setting up the database, Ige signed a bill that bars those convicted of sexual assault or stalking from owning a firearm.
*14 Dead in West Virginia Floods:
At least 14 people, including an 8-year-old boy and a toddler were killed Thursday night as flooding and storms fell on West Virginia. Rising waters pushed a burning home down a creek in a dramatic scene that was shared on social media. Officials did not immediately identify the victims. The 8-year-old slipped into a creek and was swept away. He was later pronounced dead at a hospital.
LBN E-Lert Edited By Carey Greiner
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