LBN – Special Report – Friday

*Dow Finishes Down 611 Points After Brexit:

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.
*U.S. Military to End Transgender Troops Ban:
The U.S. military plans to end its ban on transgender troops openly serving as soon as the next month, a defense official told the Daily Beast. Secretary of Defense Ash Carter is expected to announce the end of the policy then, the official said, and he alone will determine when to formally make the change. Under the current policy, the secretary must approve the removal of any transgender service member; so far he has chosen not to do so. Within the military, there has been some resistance to the lift of the ban, especially within the Marine Corps leadership. It is unclear whether service members will be required to go through any training in the run-up to or after the lifting of the ban. Carter first proposed ending the ban on transgender service members in July. But since then, there were personnel changes and internal strife that slowed down the announcement, even as an independent study found no major problems to the force by lifting the ban. The Washington Post first reported on the impending policy change Friday. According to one Defense Department statistic, there currently are 77 openly transgender service members. The total number in the force is estimated as high as in the thousands.
*Florida Prosecutor Fired for Facebook Posts About Orlando Attack:

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.
*Obama Makes Stonewall First National LGBT Monument:
President Obama on Friday declared the site of the Stonewall riots in Manhattan a national monument, the country’s first in honor of LGBT rights. The riots occurred in 1969 in response to a police raid on the Stonewall Inn. “Stonewall will be our first national monument to tell the story of the struggle for LGBT rights,” Obama said in a video announcing the designation. “I believe our national parks should reflect the full story of our country—the richness and diversity and uniquely American spirit that has always defined us.”
*Hawaii to Become First State With Gun-Owner Database:

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. 


Parliament-Funkadelic Legend Bernie Worrell Dies at 72. Worrell, the funk keyboardist who changed the game with his work in Funkadelic-Parliament, passed away following a battle with lung cancer. Worrell’s indelible keyboard skills — including his pioneering use of Minimoog on songs like Parliament’s “Flash Light” — were a major influence on R&B in the ’80s, hip-hop, new wave and early electronic music.

LBN E-Lert Edited By Carey Greiner

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