Today: October 09, 2024
Today: October 09, 2024

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Stock market today: Asian stocks mixed after China reports weak July data and cuts key interest rate

Asian stock markets were mixed Tuesday after China reported weak July consumer and business activity and its central bank cut a key interest rate to shore up the struggling economy. Shanghai and Hong retreated while Tokyo and Sydney gained. Oil prices rose. The Shanghai Composite Index fell 0.3% to 3,169.18 after official data showed growth in Chinese consumer spending and factory output slowed more than expected. The People’s Bank of China cut its interest rate on one-week loans to banks. The Hang Seng in Hong Kong lost 0.8% to 18,622.55. “Policymakers are starting to hit the panic

Stock market today: Asian stocks mixed after China reports weak July data and cuts key interest rate
World

4 Australian tourists are rescued after being missing in Indonesian waters for 2 days

Four Australian tourists were rescued after being missing for two days in the waters off Indonesia’s Aceh province, the father of one of the Australians said Tuesday. Peter Foote, the father of Elliot Foote, who had traveled to Indonesia to celebrate his 30th birthday with friends, said he received a text message from his son saying he is okay. “It says: ‘Hey Dad, Elliot here. I’m alive. Safe now. Love you. Chat later,’” Peter Foote said at a news conference on Tuesday. “It’s great, it’s good news. I’ll have to talk to him and want to

4 Australian tourists are rescued after being missing in Indonesian waters for 2 days
World

An Israeli raid in the occupied West Bank kills 2 Palestinians, health officials say

Israeli forces shot and killed two Palestinians, including a 16-year-old, in a raid in the occupied West Bank on Tuesday, Palestinian health officials said. Israel has been carrying out near-nightly raids in the West Bank since last year in response to a spate of Palestinian attacks, what has fueled tensions in the region and sent the death toll soaring. The violence comes amid a spike in attacks on Palestinians by radical Jewish settlers, continued settlement expansion and as Israel is led by a government composed of ultranationalist settlement supporters. The Palestinian Health Ministry identified those

An Israeli raid in the occupied West Bank kills 2 Palestinians, health officials say
World

Massive explosion at gas station in Russia's Dagestan kills 27, injures more than 100

A massive explosion at a gas station in Russia’s southern republic of Dagestan killed 27 people and injured more than 100, local officials said Tuesday. Three of those killed were children, Dagestan’s governor Sergei Melikov said. The explosion took place Monday night on the outskirts of Makhachkala, the region’s capital. A fire started at a car repair shop and spread to a nearby gas station, prompting a blast, Russia’s state news agency RIA Novosti reported, citing the country’s Emergency Ministry. The subsequent fire raged on the area of 600 square meters (yards), the report said. Some of

Massive explosion at gas station in Russia's Dagestan kills 27, injures more than 100
World

NYC outdoor dining sheds were a celebrated pandemic-era innovation. Now, there's a new set of rules

Outdoor dining was a part of the pandemic that many people actually liked — made possible by streetside dining sheds that popped up around New York City and allowed many restaurants to stay in business when they couldn’t have diners inside. Some sheds were simple — wooden structures with basic cutouts for light, a few tables, the occasional plastic sheeting to keep out rain and snow. Other restaurants got more into it — choosing decor to match the restaurant’s interiors and adding heaters, plants and plush seating. As New York City has moved out from under

NYC outdoor dining sheds were a celebrated pandemic-era innovation. Now, there's a new set of rules
World

Texas wants Planned Parenthood to repay millions of dollars

Texas wants Planned Parenthood to give back millions of dollars in Medicaid reimbursements — and pay far more in fines on top of that — in a lawsuit that appears to be the first of its kind brought by a state against the largest abortion provider in the U.S. A hearing was set for Tuesday in front of U.S. District Judge Matthew Kacsmaryk, who earlier this year put access to the most common method of abortion in the U.S. in limbo with a ruling that invalidated approval of the abortion pill mifepristone. The case now before

Texas wants Planned Parenthood to repay millions of dollars
World

South Korea's Yoon calls for strong security cooperation with US, Japan ahead of Camp David summit

South Korea’s president called for deeper security cooperation with the U.S. and Japan to address North Korean nuclear threats, saying Tuesday that his upcoming summit with the U.S. and Japanese leaders at Camp David will “set a new milestone in trilateral cooperation.” It will be the first time for the leaders of the three countries to gather entirely for a trilateral summit, rather than on the sidelines of international meetings. This suggests they are serious about boosting their ties in the face of North Korea’s advancing nuclear arsenal and China’s increasingly assertive foreign policy. In

South Korea's Yoon calls for strong security cooperation with US, Japan ahead of Camp David summit
World

Political leader in Ecuador is killed less than a week after presidential candidate's assassination

The unprecedented violence shaking Ecuador claimed the life of another political leader Monday, bringing the number of politics-related slayings within the last four weeks to three, including that of a presidential candidate. The fatal shooting of Pedro Briones, a local leader of Revolución Ciudadana, the party of former President Rafael Correa, was confirmed by Luisa González, the frontrunner in Sunday’s special presidential election and member of the same party. The shooting happened in the northern province of Esmeraldas. Details were not immediately available. “Ecuador is experiencing its bloodiest era,” González tweeted. “A heartfelt hug to the

Political leader in Ecuador is killed less than a week after presidential candidate's assassination
World

Japanese economic growth surges on strong exports and tourism

Japan’s economic growth jumped at an annual pace of 6% in the April-June period, marking the third straight quarter of growth as exports and inbound tourism recovered. Real gross domestic product, which measures the sum value of a nation’s products and services, grew 1.5% in the fiscal first quarter for the world’s third largest economy, the Cabinet Office said Tuesday. The annualized pace shows what the growth would have been if what was marked during the quarter had continued for a year. The rate outpaced what analysts had forecast at 3.1% growth. The latest quarter showed the

Japanese economic growth surges on strong exports and tourism
World

Former 'Family Feud' contestant Timothy Bliefnick gets life for wife's murder

A judge sentenced a former contestant on the television game show “Family Feud” to life in prison after he was convicted of first-degree murder and other charges in the slaying of his estranged wife in western Illinois. Timothy Bliefnick, 40, showed no reaction as Adams County Circuit Judge Robert Adrian read the sentence Friday, news outlets reported. A jury in May convicted Bliefnick of murder, home invasion and use of a firearm to commit first-degree murder in the Feb. 23 shooting death of Rebecca Bliefnick, 41. Her body was found by a family member inside her

Former 'Family Feud' contestant Timothy Bliefnick gets life for wife's murder
World

Alex Collins, former Seahawks and Ravens running back, killed in motorcycle crash at age 28

Former NFL running back Alex Collins, who played five seasons for the Seattle Seahawks and Baltimore Ravens, was killed in a motorcycle crash in South Florida, authorities said. He was 28. Collins was driving a motorcycle that crashed into a sport-utility vehicle Sunday night in Lauderdale Lakes, Florida, the Broward County Sheriff’s Office said in a news release. The SUV was making a left turn when Collins’ motorcycle hit its rear passenger side. The impact caused Collins to go through a window of the SUV and come to rest inside the vehicle, the sheriff’s office

Alex Collins, former Seahawks and Ravens running back, killed in motorcycle crash at age 28
World

Environmentalists sue Puerto Rican government over location of renewable energy projects

Activists and environmental groups including the Sierra Club sued Puerto Rico’s government Monday over the planned location of dozens of renewable energy projects meant to ease the U.S. territory’s power woes. The lawsuit claims the projects would be built on lands that are ecologically sensitive and of high agricultural value, a violation of local laws. The groups requested that a judge prohibit various local government agencies from approving projects on such lands, noting that they should instead be built on roofs, parking lots, landfills in disuse and previously contaminated grounds. “The loss of prime

Environmentalists sue Puerto Rican government over location of renewable energy projects
World

The EPA is investigating how California manages its water following complaints from tribes

President Joe Biden’s administration has agreed to investigate how California manages its water after some Native American tribes and environmental groups complained the state’s policies are “rooted in white supremacy.” The U.S. Environmental Protection Agency announced last week it would investigate the California State Water Resources Control Board. The board, whose members are appointed by the governor and confirmed by the state Senate, sets rules for how to use much of the state’s water, including 211,000 miles (339,572 kilometers) of rivers and streams. Federal law requires the board to review those rules every three years. But

The EPA is investigating how California manages its water following complaints from tribes
World

Libya asks Lebanon to release Gadhafi's detained son who is on hunger strike, officials say

Libya’s judicial authorities have formally asked Lebanon to release one of the late dictator Moammar Gadhafi’s sons, held without charges in Lebanon since 2015, because of his deteriorating health, officials said Monday. The health of Hannibal Gadhafi has been deteriorating since he went on hunger strike on June 3, to protest his detention without trial. He was taken to hospital at least twice since then and has been only drinking small amounts of water. According to two Lebanese judicial officials, Libya’s prosecutor general Al-Sediq al-Sour, sent a request earlier this month to his Lebanese counterpart, Ghassan Oueidat,

Libya asks Lebanon to release Gadhafi's detained son who is on hunger strike, officials say
World

Thousands in Bosnia protest against violence after man livestreamed killing of ex-wife on Instagram

Thousands of Bosnians took to the streets on Monday to demand authorities act to curb violence against women after a man last week shot and killed his ex-wife while streaming the slaying live on Instagram. Protests were held simultaneously in several Bosnian cities. In Sarajevo, the capital, a huge crowd of people walked through the city center to press for more protection for women, curbing of violent media content and control of police work in cases of violence. Participants carried banners reading “Silence is approval,” “We won’t live in fear” or “Stop femicide.” Protesters in Sarajevo

Thousands in Bosnia protest against violence after man livestreamed killing of ex-wife on Instagram
World

A fiery explosion in Dominican Republic kills 3 and injures dozens of others

A powerful explosion rocked a bustling market area in a city near the capital of the Dominican Republic on Monday, killing at least three people and injuring more than 30 others, authorities said. The explosion occurred at a bakery in the town of San Cristobal, which lies just west of Santo Domingo. Officials said in a statement that the fire then spread to a hardware store located next door and a nearby furniture store. It wasn’t immediately clear what caused the explosion. Charred cars and debris from several collapsed buildings lined the streets as

A fiery explosion in Dominican Republic kills 3 and injures dozens of others
World

Video shows Texas US Rep. Ronny Jackson berating officers after being wrestled to ground at rodeo

Police video released Monday shows U.S. Rep. Ronny Jackson of Texas being taken to the ground by officers, profanely berating them and threatening to report them to the governor during an altercation at a rodeo last month. In body camera video, the former White House physician can be seen approaching a group of people surrounding a 15-year-old girl who authorities have said was having seizures. The two-term Republican congressman later has what looks like an argument with one of the people attending to the teenager before she is put on a stretcher. Shortly afterward, Jackson is wrestled

Video shows Texas US Rep. Ronny Jackson berating officers after being wrestled to ground at rodeo
World

Testimony from Sam Bankman-Fried's trusted inner circle will be used to convict him, prosecutors say

Testimony from FTX founder Sam Bankman-Fried’s “trusted inner circle” of former executives at his collapsed cryptocurrency empire will be used to prove at an October trial that he misappropriated billions of dollars from his investors to fuel his businesses, make illegal campaign contributions and enrich himself, prosecutors said Monday. Prosecutors made the assertions in papers filed in Manhattan federal court, where Bankman-Fried is charged with defrauding investors in his businesses and illegally diverted millions of dollars’ worth of cryptocurrency from customers using his FTX exchange. He has pleaded not guilty. The court filing, in which prosecutors

Testimony from Sam Bankman-Fried's trusted inner circle will be used to convict him, prosecutors say
World

American ambassador to Russia visits jailed reporter Gershkovich, says he's in good health

U.S. Ambassador to Russia Lynne Tracy on Monday made her third visit to Wall Street Journal reporter Evan Gershkovich, who has been behind bars in Russia since March on charges of espionage. Tracy last visited Gershkovich in early July. “Ambassador Tracy said that Evan appears in good health and remains strong, despite his very challenging circumstances. Embassy officials will continue to provide all appropriate support to Evan and his family. And we expect Russian authorities to provide continued consular access,” said State Department spokesman Vedant Patel. “Once again, we call on the Russian Federation to immediately release

American ambassador to Russia visits jailed reporter Gershkovich, says he's in good health
World

Warren Buffett's firm invests in the biggest homebuilders while reducing GM stake in portfolio moves

Warren Buffett’s company appears to be betting on the housing market picking up because Berkshire Hathaway bought more than $700 million worth of homebuilder DR Horton’s stock this spring along with smaller stakes in fellow builders Lennar Corp. and NVR Corp. Berkshire revealed those new investments Monday in a quarterly filing with the Securities and Exchange Commission that shows the conglomerate’s holdings as of the end of June. Investors always watch Berkshire’s moves closely because of Buffett’s remarkably successful track record over the years, but these filings don’t make clear which moves Buffett made and which

Warren Buffett's firm invests in the biggest homebuilders while reducing GM stake in portfolio moves
World

Jets agree to terms with former Vikings running back Dalvin Cook, AP source says

The New York Jets agreed to terms on a one-year contract with former Minnesota Vikings running back Dalvin Cook on Monday, according to a person with knowledge of the deal. Cook, who turned 28 last week, joins a revamped Jets offense led by quarterback Aaron Rodgers and coordinator Nathaniel Hackett. The person spoke to The Associated Press on condition of anonymity because the team hadn’t announced the agreement. NFL Network and ESPN first reported the deal is worth up to $8.6 million. Cook has run for at least 1,000 yards in each of the past four seasons, but was released

Jets agree to terms with former Vikings running back Dalvin Cook, AP source says
World

Patriots sign ex-Cowboys running back Ezekiel Elliott to 1-year, $4 million deal

Three-time Pro Bowl running back Ezekiel Elliott has signed a one-year deal with the New England Patriots worth $4 million, a person familiar with the terms told The Associated Press. The person, speaking on condition of anonymity because the team hasn’t announced the move, said the contract can be worth up to $6 million with incentives. The 28-year-old Elliott ran for 68 touchdowns and more than 8,000 yards in seven years with the Dallas Cowboys. He led the NFL in rushing yards in 2016, when he was the runner-up for the AP Rookie of the Year

Patriots sign ex-Cowboys running back Ezekiel Elliott to 1-year, $4 million deal
World

Texas woman who helped hide US soldier Vanessa Guillén’s body sentenced to 30 years in prison

A Texas woman was sentenced Monday to 30 years in prison for helping dispose of the body of a U.S. soldier, whose 2020 killing sparked a movement of women speaking out about sexual abuse in the military and led to changes in how they can report it, according to the Guillén family’s attorney. Cecily Aguilar is the only suspect arrested in the death of Vanessa Guillén, who was killed at Fort Cavazos, formerly known as Fort Hood, near Killeen, Texas. Aguilar was 24 years old when she pleaded guilty in November at a federal court in

Texas woman who helped hide US soldier Vanessa Guillén’s body sentenced to 30 years in prison
World

Privately held Esmark makes offer for US Steel, sets up bidding contest for iconic steelmaker

Industrial conglomerate Esmark said Monday it has made an all-cash offer to buy U.S. Steel that values the iconic steelmaker at $7.8 billion, topping an earlier offer from rival Cleveland-Cliffs. On Sunday, U.S. Steel said it had rejected a cash and stock offer from Cleveland-Cliffs that was valued at $7.3 billion as of the close of trading Friday. U.S. Steel also said it had received offers for all or parts of the company from several parties and was evaluating its options. Pittsburgh-based Esmark is run by James Bouchard, a former vice president in U.S. Steel’s European

Privately held Esmark makes offer for US Steel, sets up bidding contest for iconic steelmaker
World

Utah man accused of threatening president pointed gun at agents, FBI says

The Utah man accused of making violent threats against President Joe Biden before a trip to Salt Lake City last week pointed a handgun at FBI agents attempting to arrest him, the agency said on Monday. Craig Robertson, a 75-year-old Air Force veteran, was killed during a raid on his home in Provo last Wednesday, hours before Biden arrived. FBI agents went to his home early in the morning to arrest him for three felonies, including making threats against the president and agents who had been investigating him for months, according to court records unsealed

Utah man accused of threatening president pointed gun at agents, FBI says

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