Noon News Update: May 4, 2016

Posted Wednesday, May 4, 2016 12:00 am

Staff Report

Tomorrow's weather will be mostly sunny with a high of 85 and a 10 percent chance of rain. The U.S. government uncovers a $20 million H-1B fraud scheme; Russians are losing their freedom to travel abroad; researchers say medical errors are now the third leading cause of death in U.S.; feds drop bid to close down the country's biggest medical pot dispensary; Johnson & Johnson is hit with $55 million in damages in talcum powder lawsuit.

U.S. Uncovers $20M H-1B Fraud Scheme
Computer World

In Russia, the Doors Are Closing

Foreign Policy

Researchers: Medical Errors Now Third Leading Cause of Death in United States

Washington Post

Feds Drop Bid to Shut Down Harborside in Big Win for Pot Industry

San Francisco Gate

Johnson & Johnson Hit With $55M Damages in Talc Cancer Case

BBC News

NASDAQ Stock Market Activity Data as of May 4, 2016, 12:01 p.m.

Index / Value / Change Net / %

NASDAQ / 4729.27 / -33.95 ▼ 0.71%

NASDAQ-100 (NDX) / 4314.83 / -26.56 ▼ 0.61%

Pre-Market (NDX) / 4316.29 / -25.1 ▼ 0.58%

After Hours (NDX) / 4339.72 / -1.67 ▼ 0.04%

DJIA / 17658.39 / -92.52 ▼ 0.52%

S&P 500 / 2051.10 / -12.27 ▼ 0.59%

Russell 2000 / 1113.73 / -8.02 ▼ 0.72%

AREA FORECAST DISCUSSION NATIONAL WEATHER SERVICE TAMPA BAY RUSKIN FL 1043 AM EST MON MAY 4 2016

SYNOPSIS...

SHOWERS AND THUNDERSTORMS CONTINUE ACROSS THE AREA THIS MORNING IN ASSOCIATION WITH A FRONTAL BOUNDARY MOVING THROUGH THE AREA. DUE TO THE THUNDERSTORMS NEAR THE NWS OFFICE THIS MORNING...NO UPPER AIR SOUNDING WAS AVAILABLE HOWEVER FORECAST MODELS SHOW PWAT VALUES NEAR 2 INCHES INDICATIVE OF AN EXTREMELY MOIST AIRMASS FOR EARLY MAY. GIVEN THIS MOIST ENVIRONMENT THE STRONGEST THUNDERSTORMS HAVE BEEN VERY EFFICIENT RAINFALL PRODUCERS AS SOME LOCATIONS NAMELY ACROSS NORTHERN HERNANDO AND CENTRAL MANATEE HAVE ALREADY SEEN 3-4+ INCHES OF RAIN. WE ALSO HAD A FEW SEVERE THUNDERSTORMS PRODUCE DAMAGING WIND GUSTS IN THE 45-55 MPH RANGE ALONG WITH MANY REPORTS OF DOWNED TREES AND POWER LINES.

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