U.S. Markets close in 4 hrs 2 mins

Teen suspect in Maryland officer's slaying held without bail

DAVID McFADDEN and SARAH RANKIN

PERRY HALL, Md. (AP) — A 16-year-old who was supposed to be on house arrest for auto theft was charged Tuesday with first-degree murder in the death of a Maryland police officer.

After hearing about Dawnta Anthony Harris' numerous recent run-ins with the law, a judge called him a "one-man crime wave" and ordered the teen held without bail.

More than 20 police officers were in the courtroom when Harris made his first court appearance by video. Harris has been charged as an adult in the Monday killing of Baltimore County police Officer Amy Caprio, 29, who was responding to a report of a suspicious vehicle.

Harris was waiting in the vehicle, a Jeep, while three other teens were inside a nearby home committing a burglary, according to authorities and court records.

The slain officer's body camera footage clearly shows Harris accelerating the Jeep at Caprio after she tried to apprehend him on the cul-de-sac in the suburban Perry Hall community northeast of Baltimore, prosecutor William Bickel said during the hearing.

"She fired her weapon. He ran over her," Bickel said. Harris was apprehended shortly after abandoning the Jeep, which was stolen May 18 in Baltimore, he said.

A yellow lockup jumpsuit appeared baggy on Harris' slight 120-pound, 5-foot-7 frame during the hearing in Towson. When asked if he understood the charge he faces, Harris mumbled "yes" as he sat next to his public defender.

Harris has a series of auto theft arrests and a repeated history of running away from juvenile facilities, according to prosecutors. The teen was on house arrest at his mother's West Baltimore home but ran away May 14, they said.

Judge Sally Chester ordered the ninth-grader to be held at Baltimore County Detention Center, an adult lockup.

"Your client is one-man crime wave," Chester told Harris' public defender, who was pushing for Harris to be sent to a juvenile lockup.

According to a probable cause statement filed Tuesday, Harris told a detective that he "drove at the officer" and then abandoned the Jeep a short distance away.

Police said in a statement that the Jeep was found with a bullet hole where Caprio fired her service weapon at the driver just before she was struck.

The three teens — ages 15, 16, and 17 — who police say were burglarizing the house were tracked down at their families' homes in Baltimore, Chief Terrence Sheridan said.

They were in custody but had not yet been identified or formally charged as of late Tuesday afternoon. Scott Shellenberger, the state's attorney for Baltimore County, said at a news conference that authorities believe all three can be charged with felony murder in Caprio's death.

"They are in for everything that occurs as a result of that burglary, including when their co-defendant is outside running over a police officer and killing her," Shellenberger said.

A medical examiner determined Caprio died of trauma to the head and torso, Sheridan said.

Caprio, who would have been on the force four years in July, was smart, athletic and energetic, just the type of officer you want to hire, the chief said. She and her husband were to start vacation this weekend to celebrate their third wedding anniversary and their upcoming birthdays, police said in a news release.

The death stunned the quiet, residential neighborhood, said Baltimore County Councilman David Marks, who lives nearby.

"The community I represent stands united in grief for this fallen police officer, and our hope is that all those involved are brought to justice," Marks said.

Gov. Larry Hogan ordered flags to fly at half-staff through Friday, the day of Caprio's funeral.

Tony Kurek, who lives on the street where Caprio was fatally injured, told The Associated Press his adult son was outside in the family's yard Monday afternoon when the son saw the officer with her gun drawn, confronting someone in a Jeep.

"The next thing he heard was a pop, and he saw the Jeep take off and run right over her," Kurek said. The car left skid marks, he said, and officer was on the ground bleeding.

Harris was wearing an ankle bracelet at the time, Shellenberger said. But the bracelet simply indicated whether Harris was inside his home or outside his home — it did not track his whereabouts, he said.

Sam Abed, the Maryland Secretary of Juvenile Services, said at the news conference that his department had made "many attempts" to contact Harris after he went missing from his mother's house but was unsuccessful.

"Did the system not work?" said Sheridan, the police chief. "It sounds like ... it could have worked better in this particular case."

___

Rankin reported from Richmond, Virginia. Associated Press writers Denise Lavoie in Richmond, Virginia, Courtney Columbus in Towson, Maryland, and Randall Chase in Dover, Delaware, contributed to this report.

___

This story has been corrected to remove a reference to the officer being shot. Police have said she was not found with a gunshot wound.

  • McDonald’s Beats Sales Estimates Again
    Business
    Bloomberg

    McDonald’s Beats Sales Estimates Again

    Key InsightsMcDonald’s, which gets nearly two-thirds of revenue from overseas, said comparable sales in its international lead markets division that includes Australia and the U.K. topped estimates, rising 5.4 percent. “The changes McDonald’s is making are right and will pay dividends over time,” Neil Saunders, managing director of GlobalData Retail, said in an email.

  • Suze Orman missed the point of retirement, and that’s why she went back to work
    News
    MarketWatch

    Suze Orman missed the point of retirement, and that’s why she went back to work

    Suze Orman did a smackdown of the FIRE (Financial Independence/Retire Early) movement on Paula Pant’s podcast. Coach Carson posted a balanced, informative response, appreciating Suze’s admonition to be sure you have enough for a risk-free retirement. Suze enumerated a string “what can go wrong” scenarios as evidence that early retirement (on less than $10 million) leaves you vulnerable when life hands you lemons — a whole tree of lemons.

  • Stocks plunge, Dow drops more than 400 points
    Finance
    Yahoo Finance

    Stocks plunge, Dow drops more than 400 points

    US equities took a nosedive Tuesday, extending a rout in global stocks. The Dow (^DJI) slid 1.77%, or 448.1 points, as of 11:46 a.m. ET, as major manufacturers Caterpillar and 3M posted disappointing financial results. The S&P 500 (^GSPC) fell 1.74%,

  • 5 Deeply Discounted Value Stocks That Haven't Been This Cheap in at Least a Decade
    Business
    Motley Fool

    5 Deeply Discounted Value Stocks That Haven't Been This Cheap in at Least a Decade

    October has been a wake-up call for investors that the stock market won't go up in a straight line, even if we'd like it to. Sure, Bank of America (NYSE: BAC) has seen its stock catapult higher from its Great Recession lows, but its forward P/E of 9.8 would represent a more-than-decade low for the stock.

  • Business
    Motley Fool

    Parsing Visa's Big Quarterly Dividend Hike

    The ubiquitous financial services player Visa (NYSE: V) isn't exactly an income stock -- its dividend yield has fairly consistently been below 1% for years. Which raises two interesting questions for MarketFoolery host Chris Hill and senior analyst Jason Moser. In this segment from MarketFoolery, they discuss Visa's cash cow structure, its stock repurchases, and the M&A possibilities it thus far seems to be ignoring.

  • These stocks may be sacrificed in a cold war with China
    COL
    CNBC Videos

    These stocks may be sacrificed in a cold war with China

    Jim Cramer says the escalation in the United States' trade war with China could end in an outright cold war that debilitates parts of the stock market.

  • iPhone XR: Apple finally explains latest handset's strange name
    Technology
    The Independent

    iPhone XR: Apple finally explains latest handset's strange name

    Apple has finally explained its strange iPhone naming system this year. When the new phones came out, the XS felt fairly natural. Apple had never used the letter before, and it wasn't clear why they'd chosen the name – whether it was simply the letter before S, or referred to something else entirely.

  • Why Investors Are Paying a Premium for These 3 Biotech Stocks
    Business
    Motley Fool

    Why Investors Are Paying a Premium for These 3 Biotech Stocks

    Amarin stock exploded in September because it looks like Vascepa will become the next go-to drug for this enormous population. During the 8,179-patient Reduce-It trial, patients given Vascepa in addition to their normal statin treatments were 25% less likely to suffer a major cardiovascular event such as a heart attack. Over the past year, Amarin Corporation actually lost $92 million because sales of Vascepa just haven't kept pace with operating expenses.

  • Finance
    CNBC

    Here's the tax bite on $1.6 billion Mega Millions and $620 million Powerball jackpots

    Strategies can be employed to reduce the amount of your win that is taxed, although they are best explored with the help of an experienced tax advisor. While it's anyone's guess who will end up winning the Mega Millions and Powerball jackpots, there's at least one guaranteed recipient of a chunk of the loot — the IRS. With the Mega Millions jackpot at $1.6 billion and Powerball's top prize at $620 million, that tax bill will be hefty even if the winner employs strategies to reduce their taxable income.

  • The stock market's 'dead cat bounce' is over and the rolling bear market is making a comeback, Morgan Stanley says
    Business
    Business Insider

    The stock market's 'dead cat bounce' is over and the rolling bear market is making a comeback, Morgan Stanley says

    The stock market may have bounced back from its sharp sell-off at the beginning of October, but Morgan Stanley says the selling will pick back up soon. The firm expects the S&P 500 to slide back below the 200-day moving average, a key technical level. Tread carefully in tech and consumer discretionary, Morgan Stanley warns.

  • One of the largest cannabis companies is going public on the New York Stock Exchange
    Business
    Business Insider

    One of the largest cannabis companies is going public on the New York Stock Exchange

    Aurora Cannabis, one of the largest Canadian marijuana producers, is going public on the New York Stock Exchange. Aurora is joining a select list of Canadian cannabis producers, including Tilray and Cronos, that are able to list on US-based exchanges.

  • News
    CNBC

    Here's how much money you should have saved by 50

    Fidelity, the nation's largest retirement-plan provider, recommends having the equivalent of six times your annual salary saved. To get to that number, Fidelity recommends saving 15 percent of your annual income. Make sure to invest these funds instead of leaving them in a traditional low-interest savings account.

  • Shares of downtrodden IBM 'ready to roar higher': Charts
    Business
    CNBC Videos

    Shares of downtrodden IBM 'ready to roar higher': Charts

    Jim Cramer and technician Larry Williams inspect the charts of IBM, which seem to show the beleaguered tech stock on the cusp of a rally.

  • Dow tumbles nearly 550 points at lows amid corporate outlook, China selloff
    News
    MarketWatch

    Dow tumbles nearly 550 points at lows amid corporate outlook, China selloff

    It was a punishing start for stocks Tuesday as investors reacted negatively to quarterly results from a handful of blue chips and the cessation of a two-day rebound for China’s embattled stock market, reviving fresh questions about global economic growth prospects. The Dow Jones Industrial Average (DJIA) 548.62 points at its low and remained was recently 460 points, or 1.8%, at 24,862. The S&P 500 (SPX) fell 55 points, or 2%, to 2,696, retreating below a psychological and technical mark at 2,700, while the Nasdaq Composite Index (COMP) slid gave up 177 points, or 2.4%, to 7,291.

  • Trump’s Tax Push to Help Middle Class Could Help Top Earners Too
    Politics
    Bloomberg

    Trump’s Tax Push to Help Middle Class Could Help Top Earners Too

    It’s still unclear how Trump will propose to reduce the tax burden on middle-class Americans, but one of the most straightforward ways would be to lower rates by 10 percent for single filers making up to $82,500. U.S. income tax rates are graduated and income dollars get taxed in chunks as they move up through the brackets -- which means wealthy Americans would also get to apply the reduced rate on their first dollars of income. “A millionaire gets the same size tax cut,” said Kyle Pomerleau, an economist at the conservative Tax Foundation.

  • Polaris Shrugs Off Tariff Concerns With Another Impressive Quarter
    Business
    Motley Fool

    Polaris Shrugs Off Tariff Concerns With Another Impressive Quarter

    Polaris Industries Inc. (NYSE: PII) announced third-quarter 2018 results early on Monday, detailing encouraging demand for its newest products, the first contributions from its recent acquisition of pontoon boat specialist Boat Holdings, and its view on recent tariff and trade concerns. With Polaris stock climbing as much as 8% early today before settling to close up 2.3%, let's dig deeper to see how the off-road vehicle specialist fared as it kicked off the second half. What happened with Polaris this quarter?

  • What the Market Missed in Kinder Morgan Inc.'s Results
    Business
    Motley Fool

    What the Market Missed in Kinder Morgan Inc.'s Results

    Kinder Morgan (NYSE: KMI) can't seem to catch a break these days. Despite its completing what management dubbed a "momentous" quarter, shares of the natural gas pipeline giant barely budged this week. It was a head-scratching outcome considering that its financial results came in well above its guidance, which the market seems to have completely missed.

  • Why American Railcar Industries, PetMed Express, and Dynavax Technologies Jumped Today
    Business
    Motley Fool

    Why American Railcar Industries, PetMed Express, and Dynavax Technologies Jumped Today

    Monday was another mixed day on Wall Street, as most major large-cap indexes posted losses even as the tech-heavy Nasdaq Composite again bucked the downtrend and traded higher for much of the session.

  • Why Nektar Therapeutics Crashed 17.2% Today
    Business
    Motley Fool

    Why Nektar Therapeutics Crashed 17.2% Today

    After delivering a disappointing update on NKTR-214 in cancer patients this summer, Nektar Therapeutics' (NASDAQ: NKTR) shares have been struggling. The company didn't report any news today, so a negative report issued by Plainview LLC this month may be to blamed for its 17.2% tumble today. In February, Bristol-Myers Squibb (NYSE: BMY) inked a blockbuster deal to license rights to NKTR-214 following positive data last year for NKTR-214's use alongside Bristol-Myers' Opdivo.

  • Why Pot Stocks Canopy Growth, Cronos Group, and Tilray Are Cratering Today
    Business
    Motley Fool

    Why Pot Stocks Canopy Growth, Cronos Group, and Tilray Are Cratering Today

    Canadian pot stocks are getting hit hard across the board today. As of 1:21 p.m. EDT, for example, shares of Canopy Growth Corporation (NYSE: CGC) and Cronos Group (NASDAQ: CRON) were both down by 11.2%, whereas Tilray's(NASDAQ: TLRY) stock had fallen by 14.4%. Canopy, Cronos, and Tilray all seem to be succumbing to a so-called "sell the news" event.

  • Is the New Energy Transfer LP a Buy?
    Finance
    Motley Fool

    Is the New Energy Transfer LP a Buy?

    Last week, Energy Transfer LP (NYSE: ET) emerged on the scene after the former Energy Transfer Equity completed the acquisition of its affiliate Energy Transfer Partners in a unit-for-unit exchange that simplified this complex midstream franchise. The transaction also created a much stronger company that has the financial resources to fund a significant slate of expansion projects. The new Energy Transfer is a behemoth in the midstream sector.

  • What to Expect from Bristol-Myers Squibb’s Q3 Earnings
    Finance
    Market Realist

    What to Expect from Bristol-Myers Squibb’s Q3 Earnings

    Bristol-Myers Squibb (BMY) is expected to report its third-quarter earnings on October 25. Analysts expect Bristol-Myers Squibb’s revenues to increase 8.87% from $5.25 billion in the third quarter of 2017 to $5.72 billion in the third quarte of 2018. In the last four quarters, Bristol-Myers Squibb’s revenue growth has been 3.93%–10.89%.

  • Marijuana Stocks Plummet to Record Low: What's Next?
    Business
    Zacks

    Marijuana Stocks Plummet to Record Low: What's Next?

    Over the last few days, share prices of major marijuana stocks have plummeted to their worst in the trailing eight months. This free fall commenced following the legalization of marijuana for recreational use in Canada on Oct 17.Legalization Considered

  • 4 Things Aurora Cannabis Did Right Before Its NYSE Debut
    Business
    Motley Fool

    4 Things Aurora Cannabis Did Right Before Its NYSE Debut

    Aurora Cannabis (NASDAQOTH: ACBFF) (TSX: ACB) has sought to make it even easier for U.S. investors to buy its shares by arranging to have its shares listed on the New York Stock Exchange. Beginning tomorrow, Oct. 23, Aurora will join the elite group of cannabis companies whose shares trade on major U.S. exchanges. Getting ready for the increased exposure that a NYSE listing brings takes time and effort, and Aurora Cannabis hasn't wasted any time.

  • Caterpillar's shares tumble on disappointing profit outlook
    Business
    Reuters

    Caterpillar's shares tumble on disappointing profit outlook

    Caterpillar Inc (CAT.N) disappointed investors on Tuesday by not raising its 2018 earnings forecast yet again, raising fears that the heavy-duty equipment maker may be signaling a slowdown despite posting better-than-expected quarterly profits. The Dow Jones Industrial Average (.DJI), which includes Caterpillar, was down about 440 points on Tuesday. The company kept unchanged the 2018 adjusted profit per share outlook of $11.00 to $12.00 per share, which did not go down well with investors who were expecting yet another upward revision in the earnings guidance.