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U.S. tariffs on China are working, U.S. Secretary of Commerce says

U.S. tariffs on China are working, U.S. Secretary of Commerce says
SYDNEY (Reuters) - Tariffs are forcing China to pay attention to U.S. concerns, according to a copy of a speech to be given by U.S. Secretary of Commerce Wilbur Ross on Thursday. Ross said the United States would have preferred not to implement tariffs against Chinese goods more than a year ago, which ignited a trade war that slowed global commerce and threatened decades-old systems, but added that it has forced Beijing into action. “We do not love tariffs, in fact we would prefer not to use them, but after years of discussions and no action, tariffs are finally forcing China to pay attention to our concerns,” Ross was quoted as saying in a copy of a speech seen by Reuters...
REUTERS

U.S. tariffs on China are working, U.S. Secretary of Commerce says

U.S. tariffs on China are working, U.S. Secretary of Commerce says
SYDNEY (Reuters) - Tariffs are forcing China to pay attention to U.S. concerns, according to a copy of a speech to be given by U.S. Secretary of Commerce Wilbur Ross on Thursday. Ross said the United States would have preferred not to implement tariffs against Chinese goods more than a year ago, which ignited a trade war that slowed global commerce and threatened decades-old systems, but added that it has forced Beijing into action. “We do not love tariffs, in fact we would prefer not to use them, but after years of discussions and no action, tariffs are finally forcing China to pay attention to our concerns,” Ross was quoted as saying in a copy of a speech seen by Reuters...
REUTERS

U.S. tariffs on China are working, U.S. Secretary of Commerce

U.S. tariffs on China are working, U.S. Secretary of Commerce
SYDNEY (Reuters) - Tariffs are forcing China to pay attention to U.S. concerns, according to a copy of a speech to be given by U.S. Secretary of Commerce Wilbur Ross on Thursday. Ross said the United States would have preferred not to implement tariffs against Chinese goods more than a year ago, which ignited a trade war that slowed global commerce and threatened decades-old systems, but added that it has forced Beijing into action. “We do...
REUTERS
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U.S. tariffs on China are working, U.S. Secretary of Commerce

U.S. tariffs on China are working, U.S. Secretary of Commerce
SYDNEY (Reuters) - Tariffs are forcing China to pay attention to U.S. concerns, according to a copy of a speech to be given by U.S. Secretary of Commerce Wilbur Ross on Thursday. Ross said the United States would have preferred not to implement tariffs against Chinese goods more than a year ago, which ignited a trade war that slowed global commerce and threatened decades-old systems, but added that it has forced Beijing into action. “We do not love tariffs, in...
REUTERS

Trump defends his Syria pullout after Turkish attack

Trump defends his Syria pullout after Turkish attack
U.S. President Donald Trump on Wednesday defended himself against fierce criticism from Republicans and Democrats over his decision to clear U.S. troops out of northern Syria, which has allowed Turkey to attack America's Kurdish allies...
REUTERS

Shares in China's Hikvision and Dahua dive after U.S. blacklisting

Shares in China's Hikvision and Dahua dive after U.S. blacklisting
SHANGHAI (Reuters) - Shares of Hangzhou Hikvision Digital Technology and Zhejiang Dahua Technology Co Ltd, which were among companies blacklisted by Washington, fell sharply in early trading on Thursday. Hikvision shares dropped over 5%, while Zhejiang Dahua lost roughly 8% as trading resumed. Their shares had been suspended from trading after news that the U.S...
REUTERS

Shares in China's Hikvision and Dahua dive after U.S. blacklisting

Shares in China's Hikvision and Dahua dive after U.S. blacklisting
SHANGHAI (Reuters) - Shares of Hangzhou Hikvision Digital Technology and Zhejiang Dahua Technology Co Ltd, which were among companies blacklisted by Washington, fell sharply in early trading on Thursday. Hikvision shares dropped over 5%, while Zhejiang Dahua lost roughly 8% as trading resumed. Their shares had been suspended from trading after news that the U.S...
REUTERS

U.S. weighing China currency pact as part of partial trade deal: Bloomberg

U.S. weighing China currency pact as part of partial trade deal: Bloomberg
(Reuters) - The United States is weighing a currency pact with China as part of a partial deal that could see a planned tariff hike next week being suspended, Bloomberg reported bloom.bg/35vnu7g on Wednesday, citing people familiar with the talks. The White House is looking to roll out a formerly agreed currency pact with China as part of what it regards as a first-phase agreement with Beijing, according to the report, which added...
REUTERS

U.S. weighing China currency pact as part of partial trade deal: Bloomberg

U.S. weighing China currency pact as part of partial trade deal: Bloomberg
(Reuters) - The United States is weighing a currency pact with China as part of a partial deal that could see a planned tariff hike next week being suspended, Bloomberg reported bloom.bg/35vnu7g on Wednesday, citing people familiar with the talks. The White House is looking to roll out a formerly agreed currency pact with China as part of what it regards as a first-phase agreement with Beijing, according to the report, which added...
REUTERS

American Airlines cancels 737 MAX flights until Jan. 16

American Airlines cancels 737 MAX flights until Jan. 16
WASHINGTON (Reuters) - American Airlines Group Inc on Wednesday extended cancellations of Boeing 737 MAX flights through Jan. 15, running contrary to the U.S. planemaker’s promises that the grounded jets would be flying again before the year-end. The largest U.S. airline, which had previously canceled about 140 flights a day through Dec. 3, upped its estimate for the impact of the groundings on third-quarter pre-tax profit to $140 million, $15 million more than a previous estimate. Its shares, down about 16% in a rough year for airlines, rose, however, on the company’s statement that lower fuel costs had boosted margins in the third quarter...
REUTERS

Livestreamed killings test social media measures to block extremist content

Livestreamed killings test social media measures to block extremist content
SAN FRANCISCO (Reuters) - Social media companies scrambled on Wednesday to scrub footage of a shooting outside a German synagogue from their platforms, in the first major test of their systems since a massacre in the New Zealand city of Christchurch prompted a global outcry. The attacker in Germany, who livestreamed his rampage on Amazon’s gaming subsidiary Twitch, shot dead two people after failing to gain entry to the synagogue on the holiest day of the Jewish year. The nearly 36-minute-long video closely resembled footage livestreamed in March in Christchurch, where the gunman also wore a camera to capture a first-person perspective as he killed 51 people at two mosques...
REUTERS

BOJ urges Asia to speed up efforts for smooth phase-out of Libor

BOJ urges Asia to speed up efforts for smooth phase-out of Libor
TOKYO (Reuters) - Bank of Japan Deputy Governor Masayoshi Amamiya on Thursday called on Asian policymakers and financial institutions to speed up efforts for a smooth transition from the tainted London Interbank Offered Rate (Libor) to other benchmarks. Libor, a widely used benchmark for financial transactions, was discredited after the 2008 financial crisis when authorities in the United States and Britain found traders had manipulated it to make a profit. But financial institutions have been slow in shifting to new benchmarks, causing alarm among policymakers over the possible disruption to financial activity as Libor is phased out...
REUTERS

Livestreamed killings test social media measures to block extremist content

Livestreamed killings test social media measures to block extremist content
SAN FRANCISCO (Reuters) - Social media companies scrambled on Wednesday to scrub footage of a shooting outside a German synagogue from their platforms, in the first major test of their systems since a massacre in the New Zealand city of Christchurch prompted a global outcry. The attacker in Germany, who livestreamed his rampage on Amazon’s gaming subsidiary Twitch, shot dead two people after failing to gain entry to the synagogue on the holiest day of the Jewish year. The nearly 36-minute-long video closely resembled footage livestreamed in March in Christchurch, where the gunman also wore a camera to capture a first-person perspective as he killed 51 people at two mosques...
REUTERS

Livestreamed killings test social media measures to block extremist content

Livestreamed killings test social media measures to block extremist content
SAN FRANCISCO (Reuters) - Social media companies scrambled on Wednesday to scrub footage of a shooting outside a German synagogue from their platforms, in the first major test of their systems since a massacre in the New Zealand city of Christchurch prompted a global outcry. The attacker in Germany, who livestreamed his rampage on Amazon’s gaming subsidiary Twitch, shot dead two people after failing to gain entry to the synagogue on the holiest day of the Jewish year. The nearly 36-minute-long video closely resembled footage livestreamed in March in Christchurch, where the gunman also wore a camera to capture a first-person perspective as he killed 51 people at two mosques...
REUTERS

Stocks slide, safe assets gain on anxiety over trade talks

Stocks slide, safe assets gain on anxiety over trade talks
TOKYO (Reuters) - Global stocks tumbled and the safe haven yen and Swiss franc gained in early Asian trade on Thursday, on signs Washington and Beijing were still wide apart on trade issues and were making no progress in deputy-level talks. The South China Morning Post (SCMP) reported the Chinese delegation, headed by Vice Premier Liu He, was planning to leave Washington after just a day of minister-level meetings, instead of as originally planned on Friday. “Barring any surprise today, it looks like their talk is breaking down. The tariff will be hiked. The situation looks dire,” said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities...
REUTERS

Stocks slide, safe assets gain on anxiety over trade talks

Stocks slide, safe assets gain on anxiety over trade talks
TOKYO (Reuters) - Global stocks tumbled and the safe haven yen and Swiss franc gained in early Asian trade on Thursday, on signs Washington and Beijing were still wide apart on trade issues and were making no progress in deputy-level talks. The South China Morning Post (SCMP) reported the Chinese delegation, headed by Vice Premier Liu He, was planning to leave Washington after just a day of minister-level meetings, instead of as originally planned on Friday. “Barring any surprise today, it looks like their talk is breaking down. The tariff will be hiked. The situation looks dire,” said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities...
REUTERS

Spies hacked Moroccan activists amid crackdown on protests: researchers

Spies hacked Moroccan activists amid crackdown on protests: researchers
(Reuters) - Moroccan human rights activists have been targeted by hackers armed with sophisticated computing spying software amid a government crackdown on protests in recent years, according to research by Amnesty International. A report here released Wednesday by the British non-profit human rights advocacy organization shows how two prominent Moroccan activists were repeatedly targeted since at least 2017 with virus-laden text messages and through an internet interception technique, which can covertly plant malware on cell phones. The findings show how governments and other groups around the...
REUTERS

As Biden calls for impeachment, Trump adds legal muscle, lashes out at whistleblower

As Biden calls for impeachment, Trump adds legal muscle, lashes out at whistleblower
ROCHESTER, N.H. (Reuters) - U.S. President Donald Trump added muscle to the legal team defending against an impeachment investigation led by congressional Democrats on Wednesday, after 2020 re-election rival Joe Biden called for the first time for his impeachment. Biden, who is at the center of a controversy over Trump’s dealings with Ukraine that led the Democratic-led U.S. House of Representatives to open an impeachment inquiry, had previously refrained from making an outright plea for impeachment. Trump continued to paint the probe as a partisan smear, and accused the U.S. intelligence officer who filed the whistleblower complaint that sparked the furor of having political motives...
REUTERS

Yen rises, yuan drops on report of trade-talks stalemate

Yen rises, yuan drops on report of trade-talks stalemate
SINGAPORE (Reuters) - The yen rose and the yuan fell on Thursday, after a news report said deputy-level trade talks between Chinese and U.S. officials in Washington had failed to make much headway, sending investors scurrying for safety. The South China Morning Post, citing unnamed sources familiar with the discussions, said no progress was made on key issues and China’s lead negotiator, Vice Premier Liu He, planned leaving Washington a day early. The safe-havens of the yen JPY= and Swiss franc CHF= each rose as much as 0.3% though some of the gains were soon retraced after CNBC said the White House was unaware of any plans by the Chinese delegation to leave early...
REUTERS

Former NBC News host Matt Lauer accused of rape in Farrow's new book, Variety says

Former NBC News host Matt Lauer accused of rape in Farrow's new book, Variety says
NEW YORK (Reuters) - Matt Lauer, the once-popular co-host of NBC’s “Today,” is accused in a new book by journalist Ronan Farrow of raping a female colleague at a hotel room during the 2014 Sochi Olympics, according to a report in Variety on Wednesday. NBC News fired Lauer two years ago after a female colleague accused him of inappropriate sexual behavior, making him one of a series of rich and powerful men to be felled by accusations of harassment or misconduct. In Farrow’s book, “Catch and Kill,” the same former NBC employee who leveled the accusations that led to Lauer’s dismissal says he forced...
REUTERS

Former NBC News host Matt Lauer accused of rape in Farrow's new book, Variety says

Former NBC News host Matt Lauer accused of rape in Farrow's new book, Variety says
NEW YORK (Reuters) - Matt Lauer, the once-popular co-host of NBC’s “Today,” is accused in a new book by journalist Ronan Farrow of raping a female colleague at a hotel room during the 2014 Sochi Olympics, according to a report in Variety on Wednesday. NBC News fired Lauer two years ago after a female colleague accused him of inappropriate sexual behavior, making him one of a series of rich and powerful men to be felled by accusations of harassment or misconduct. In Farrow’s book, “Catch and Kill,” the same former NBC employee who leveled the accusations that led to Lauer’s dismissal says he forced...
REUTERS

Yen rises, yuan drops on report of trade-talks stalemate

Yen rises, yuan drops on report of trade-talks stalemate
SINGAPORE (Reuters) - The yen rose and the yuan fell on Thursday, after a news report said deputy-level trade talks between Chinese and U.S. officials in Washington had failed to make much headway, sending investors scurrying for safety. The South China Morning Post, citing unnamed sources familiar with the discussions, said no progress was made on key issues and China’s lead negotiator, Vice Premier Liu He, planned leaving Washington a day early. The safe-havens of the yen JPY= and Swiss franc CHF= each rose as much as 0.3% though some of the gains were soon retraced after CNBC said the White House was unaware of any plans by the Chinese delegation to leave early...
REUTERS

Saturn is the solar system's 'moon king,' with 20 more spotted

Saturn is the solar system's 'moon king,' with 20 more spotted
WASHINGTON (Reuters) - Saturn is now being recognized as the “moon king” of our solar system, with astronomers spotting 20 more of them orbiting the giant ringed planet, bringing its total count to 82 - three more than Jupiter. The newly identified small moons, ranging from about 2 to 4 miles (3 to 6 km) in diameter, were detected using the Subaru telescope in Hawaii by a research team led by astronomer Scott Sheppard of the Carnegie Institution for Science in Washington. “Saturn is the moon king,” Sheppard said on Wednesday in an email interview. The discovery was announced this week by the International Astronomical Union’s Minor Planet Center...
REUTERS

White House denies report China's Liu He plans to leave Washington on Thursday: CNBC

White House denies report China's Liu He plans to leave Washington on Thursday: CNBC
(Reuters) - The White House has denied a report from the South China Morning Post that said that Chinese Vice Premier Liu He is planning to leave Washington on Thursday after just one day of minister-level meetings, a CNBC reporter said on Twitter. “We are not aware of a change in the Vice Premier’s travel plans at this time,” a White House spokesman told CNBC. Liu is still scheduled to leave on Friday evening, CNBC reported, citing an official...
REUTERS

Japan's August machinery orders fall for second straight month

Japan's August machinery orders fall for second straight month
TOKYO (Reuters) - Japan’s core machinery orders slipped for the second consecutive month in August, adding to a batch of gloomy data suggesting businesses and the broader economy are feeling the pain from rising global trade frictions. Cabinet Office data on Thursday showed core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, fell 2.4% in August from the previous month. The drop was largely in line with a 2.5% decline predicted by economists in a Reuters poll and followed a sharp 6.6% fall in July, the largest month-on-month loss since a 7...
REUTERS

Spies hacked Moroccan activists amid crackdown on protests: researchers

Spies hacked Moroccan activists amid crackdown on protests: researchers
(Reuters) - Moroccan human rights activists have been targeted by hackers armed with sophisticated computing spying software amid a government crackdown on protests in recent years, according to research by Amnesty International. A report here released Wednesday by the British non-profit human rights advocacy organization shows how two prominent Moroccan activists were repeatedly targeted since at least 2017 with virus-laden text messages and through an internet interception technique, which can covertly plant malware on cell phones. The findings show how governments and other groups around the...
REUTERS

Former Congressman Gowdy joins Trump legal team to fight impeachment move

Former Congressman Gowdy joins Trump legal team to fight impeachment move
WASHINGTON (Reuters) - Former U.S. Representative Trey Gowdy of South Carolina has joined President Donald Trump’s legal team as the Republican executive battles an impeachment inquiry by the Democratic-controlled House of Representatives, Trump’s legal team said Wednesday. “Trey’s command of the law is well known and his service on Capitol Hill will be a great asset as a member of our team,” Jay Sekulow, an outside lawyer for Trump said in a statement. The Democratic-led House of Representatives began impeachment...
REUTERS

Former Congressman Gowdy joins Trump legal team to fight impeachment move

Former Congressman Gowdy joins Trump legal team to fight impeachment move
WASHINGTON (Reuters) - Former U.S. Representative Trey Gowdy of South Carolina has joined President Donald Trump’s legal team as the Republican executive battles an impeachment inquiry by the Democratic-controlled House of Representatives, Trump’s legal team said Wednesday. “Trey’s command of the law is well known and his service on Capitol Hill will be a great asset as a member of our team,” Jay Sekulow, an outside lawyer for Trump said in a statement. The Democratic-led House of Representatives began impeachment...
REUTERS

Former Congressman Gowdy joins Trump legal team to fight impeachment move

Former Congressman Gowdy joins Trump legal team to fight impeachment move
WASHINGTON (Reuters) - Former U.S. Representative Trey Gowdy of South Carolina has joined President Donald Trump’s legal team as the Republican executive battles an impeachment inquiry by the Democratic-controlled House of Representatives, Trump’s legal team said Wednesday. “Trey’s command of the law is well known and his service on Capitol Hill will be a great asset as a member of our team,” Jay Sekulow, an outside lawyer for Trump said in a statement. The Democratic-led House of Representatives began impeachment...
REUTERS

Pompeo says China's treatment of Muslims 'enormous human right violation': PBS interview

Pompeo says China's treatment of Muslims 'enormous human right violation': PBS interview
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo said in a television interview on Wednesday that China’s treatment of Muslims, including the Uighurs, in western China was an “enormous human rights violation” and Washington will continue to raise the issue. “This is not only an enormous human rights violation, but we don’t think it’s in the best interests of the world or of China to engage in this kind of behavior,” Pompeo told PBS. Asked whether Chinese President Xi Jinping was responsible, Pompeo said: “Xi Jinping leads the country just like the leader of a tank platoon, a small business or a country is responsible for the things that happen in your name...
REUTERS

Republican Gowdy, who pushed Obama on Benghazi, joins Trump impeachment defense

Republican Gowdy, who pushed Obama on Benghazi, joins Trump impeachment defense
WASHINGTON (Reuters) - Former U.S. Representative Trey Gowdy stepped into a familiar role on Wednesday when President Donald Trump tapped him to join his outside legal team to help battle a Democratic-led impeachment inquiry: conservative battering ram. It is also a trip through the looking glass for the South Carolina Republican, who will go from demanding information on Congress’ behalf to backing a White House that said it would refuse to cooperate with what it called an “illegitimate, unconstitutional” congressional inquiry. The 55-year-old former federal prosecutor is best known for pushing...
REUTERS

Southwest, Gol ground 13 Boeing 737 NG airplanes after checks

Southwest, Gol ground 13 Boeing 737 NG airplanes after checks
WASHINGTON/SAO PAULO (Reuters) - Southwest Airlines Co and Brazil’s Gol Linhas Aereas said on Wednesday they had grounded a total of 13 Boeing Co 737 NG airplanes after U.S. regulators ordered urgent inspections last week. Southwest said it had grounded two planes, while Gol said it had grounded 11. Both airlines are major operators of the 737, including the NG variant and the more recent MAX, which has been grounded for months after two deadly crashes. The U.S. Federal Aviation Administration last week told aircraft operators to inspect 165 Boeing 737 NG airliners for structural cracks within seven days after the issue was found on a small number of planes...
REUTERS

Mississippi will back Sprint, T-Mobile merger and drop court challenge

Mississippi will back Sprint, T-Mobile merger and drop court challenge
WASHINGTON (Reuters) - One of 17 U.S. states that sued to block a proposed $26.5 billion tie-up of Sprint Corp ( S.N ) and T-Mobile US Inc ( TMUS.O ) agreed to drop the challenge after reaching a deal with the companies. Mississippi Attorney General Jim Hood said in a statement he will withdraw from the legal challenge over the planned merger of the third- and fourth-largest U.S. wireless carriers. He said the combined company has agreed within three years to deploy a 5G network in Mississippi with at least 62 percent of the state’s general and rural populations having access to high-speed service...
REUTERS

Trump says there is a 'really good chance' of U.S.-China trade deal

Trump says there is a 'really good chance' of U.S.-China trade deal
U.S. President Donald Trump answers questions from reporters during an event to sign executive orders on "transparency in federal guidance and enforcement" in the Roosevelt Room of the White House in Washington, U.S., October 9, 2019. REUTERS/Jonathan Ernst
REUTERS

U.S. military takes custody of two high-profile Islamic State militants

U.S. military takes custody of two high-profile Islamic State militants
WASHINGTON (Reuters) - The U.S. military has taken custody of two high-profile Islamic State militants previously held in Syria by Kurdish-led fighters and moved them out of the country, as Turkey starts an offensive there, a U.S. official said on Wednesday. The official, who spoke on condition of anonymity, said the individuals were being held in a secure location but offered no further details. Earlier on Wednesday, President Donald Trump said he had taken a “certain number” of Islamic State fighters out of Syria, as fears mount that Kurdish-led fighters may be unable to keep guarding Islamic State prisoners amid the Turkish operation...
REUTERS

U.S. military takes custody of two high-profile Islamic State militants

U.S. military takes custody of two high-profile Islamic State militants
WASHINGTON (Reuters) - The U.S. military has taken custody of two high-profile Islamic State militants previously held in Syria by Kurdish-led fighters and moved them out of the country, as Turkey starts an offensive there, a U.S. official said on Wednesday. The official, who spoke on condition of anonymity, said the individuals were being held in a secure location but offered no further details. Earlier on Wednesday, President Donald Trump said he had taken a “certain number” of Islamic State fighters out of Syria, as fears mount that Kurdish-led fighters may be unable to keep guarding Islamic State prisoners amid the Turkish operation...
REUTERS

U.S. military takes custody of two high-profile Islamic State militants

U.S. military takes custody of two high-profile Islamic State militants
WASHINGTON (Reuters) - The U.S. military has taken custody of two high-profile Islamic State militants previously held in Syria by Kurdish-led fighters and moved them out of the country, as Turkey starts an offensive there, a U.S. official said on Wednesday. The official, who spoke on condition of anonymity, said the individuals were being held in a secure location but offered no further details. Earlier on Wednesday, President Donald Trump said he had taken a “certain number” of Islamic State fighters out of Syria, as fears mount that Kurdish-led fighters may be unable to keep guarding Islamic State prisoners amid the Turkish operation...
REUTERS

Judge opens door to PG&E wildfire victims, noteholders filing rival reorganization plan

Judge opens door to PG&E wildfire victims, noteholders filing rival reorganization plan
SAN FRANCISCO (Reuters) - The judge overseeing the bankruptcy of PG&E Corp ( PCG.N ) on Wednesday issued an order opening the door to a group of noteholders and wildfire victims to file their own reorganization plan for the California power provider. PG&E’s shares tumbled 28% in after-hours trade to $7.90. Bankruptcy Judge Dennis Montali said in his order filed in U.S. Bankruptcy Court in San Francisco that he favored allowing the noteholders to file their plan because it has the support of the committee representing victims of the massive California wildfires in 2017 and 2018 that pushed PG&E to seek Chapter 11 bankruptcy protection in January...
REUTERS

U.S. stock futures tumble on report of no progress in Sino-U.S. talks

U.S. stock futures tumble on report of no progress in Sino-U.S. talks
TOKYO (Reuters) - U.S. stock futures tumbled and the safe haven yen and the Swiss franc gained in early Asian trade on Thursday after a media report that the United States and China had made no progress in deputy-level trade talks earlier in the week. The South China Morning Post also said the Chinese delegation, headed by Vice Premier Liu He, is planning to leave Washington on Thursday after just one day of minister-level meetings, instead of an originally planned departure set for Friday. S&P500 mini futures slumped 1.1% and Chicago-traded futures imply a fall of 0.4% for Japan’s Nikkei. In the currency market, the yen advanced 0...
REUTERS

ProPetro reshuffles top executives during probe into accounting disclosures

ProPetro reshuffles top executives during probe into accounting disclosures
(Reuters) - Oilfield services firm ProPetro Holding Corp ( PUMP.N ) on Wednesday shuffled its top executives amid an internal investigation into equipment purchases and expense reimbursements. Director Phillip Gobe was appointed principal executive officer and Darin Holderness was named interim chief financial officer, the company said in a regulatory filing. Co-founder Dale Redman will no longer serve as the principal executive but will retain the title of chief executive, the statement said. Jeffrey Smith, another co-founder and finance chief, was re-assigned as chief administrative officer. Both men agreed to reimburse the company for expenses that were billed to ProPetro...
REUTERS

U.S. stock futures tumble on report of no progress in Sino-U.S. talks

U.S. stock futures tumble on report of no progress in Sino-U.S. talks
TOKYO (Reuters) - U.S. stock futures tumbled and the safe haven yen and the Swiss franc gained in early Asian trade on Thursday after a media report that the United States and China had made no progress in deputy-level trade talks earlier in the week. The South China Morning Post also said the Chinese delegation, headed by Vice Premier Liu He, is planning to leave Washington on Thursday after just one day of minister-level meetings, instead of an originally planned departure set for Friday. S&P500 mini futures slumped 1.1% and Chicago-traded futures imply a fall of 0.4% for Japan’s Nikkei. In the currency market, the yen advanced 0...
REUTERS

Gunman livestreams killing at German synagogue

Gunman livestreams killing at German synagogue
A gunman who denounced Jews opened fire outside a German synagogue on Yom Kippur, the holiest day of the Jewish year, and killed two people as he livestreamed his attack.
REUTERS

Trump says he will 'wipe out' Turkey's economy if it wipes out the Syrian Kurds

Trump says he will 'wipe out' Turkey's economy if it wipes out the Syrian Kurds
U.S. President Donald Trump said on Wednesday he would devastate Turkey's economy if Ankara's incursion in Syria wipes out the Kurdish population there. Rough Cut (no reporter narration).
REUTERS

Saturn is the solar system's 'moon king,' with 20 more spotted

Saturn is the solar system's 'moon king,' with 20 more spotted
WASHINGTON (Reuters) - Saturn is now being recognized as the “moon king” of our solar system, with astronomers spotting 20 more of them orbiting the giant ringed planet, bringing its total count to 82 - three more than Jupiter. The newly identified small moons, ranging from about 2 to 4 miles (3 to 6 km) in diameter, were detected using the Subaru telescope in Hawaii by a research team led by astronomer Scott Sheppard of the Carnegie Institution for Science in Washington. “Saturn is the moon king,” Sheppard said on Wednesday in an email interview. The discovery was announced this week by the International Astronomical Union’s Minor Planet Center...
REUTERS

U.S.-China made no progress in deputy-level trade talks: South China Morning Post

U.S.-China made no progress in deputy-level trade talks: South China Morning Post
(Reuters) - The United States and China made no progress in deputy-level trade talks held during Monday and Tuesday in Washington, the South China Morning Post (SCMP) reported, citing unnamed sources with knowledge of the meetings. The first minister-level meetings between the two countries in more than two months is set to begin on Thursday. The Chinese delegation, headed by Vice Premier Liu He, is planning to leave Washington on Thursday after just one day of minister-level meetings, the report said. Beijing’s negotiating team had previously planned to leave Washington late on Friday, the report added...
REUTERS

U.S. fight deepens as Biden calls for impeachment, Trump lashes out at whistleblower

U.S. fight deepens as Biden calls for impeachment, Trump lashes out at whistleblower
ROCHESTER, N.H. (Reuters) - U.S. Democratic presidential contender Joe Biden called for the impeachment of his potential 2020 election foe Donald Trump for the first time on Wednesday, in a deepening partisan fight over a congressional investigation of the Republican president. Biden, who is at the center of a controversy over Trump’s dealings with Ukraine that led congressional Democrats to open an impeachment inquiry, had so far refrained from making an outright plea for impeachment. Trump continued to paint the probe as a partisan smear, and accused the U.S. intelligence officer who filed the whistleblower complaint that sparked the furor of having political motives...
REUTERS

Fewest UK homes being put on sale since 2016 as Brexit nears: RICS

Fewest UK homes being put on sale since 2016 as Brexit nears: RICS
LONDON (Reuters) - Britons are holding off from trying to sell their homes due to uncertainty about when and how Britain will leave the European Union, according to a survey published on Thursday which adds to signs of a slowdown in the housing market. The Royal Institution of Chartered Surveyors (RICS) said new sales instructions fell last month at the fastest pace since June 2016, when Britain voted to leave the EU in a referendum. New buyer inquiries were down by the most since April, and sales fell by the most since February. “Unless there is a speedy resolution to the ongoing impasse it does...
REUTERS

Fewest UK homes being put on sale since 2016 as Brexit nears: RICS

Fewest UK homes being put on sale since 2016 as Brexit nears: RICS
LONDON (Reuters) - Britons are holding off from trying to sell their homes due to uncertainty about when and how Britain will leave the European Union, according to a survey published on Thursday which adds to signs of a slowdown in the housing market. The Royal Institution of Chartered Surveyors (RICS) said new sales instructions fell last month at the fastest pace since June 2016, when Britain voted to leave the EU in a referendum. New buyer inquiries were down by the most since April, and sales fell by the most since February. “Unless there is a speedy resolution to the ongoing impasse it does...
REUTERS

London City Airport braces for possible shutdown by climate protesters

London City Airport braces for possible shutdown by climate protesters
LONDON (Reuters) - London City Airport was braced for disruption on Thursday after climate-change protesters Extinction Rebellion vowed to occupy its terminal and shut down operations for three days as part of its action in the British capital. London City is the capital’s fifth-biggest - and most central - airport, popular with business travelers, bankers and politicians for short-haul and regional routes. On Thursday, 18,000 passengers are due to arrive or depart from the airport, with 286 flights scheduled. Extinction Rebellion, which has targeted government buildings over the last few days,...
REUTERS

London City Airport braces for possible shutdown by climate protesters

London City Airport braces for possible shutdown by climate protesters
LONDON (Reuters) - London City Airport was braced for disruption on Thursday after climate-change protesters Extinction Rebellion vowed to occupy its terminal and shut down operations for three days as part of its action in the British capital. London City is the capital’s fifth-biggest - and most central - airport, popular with business travelers, bankers and politicians for short-haul and regional routes. On Thursday, 18,000 passengers are due to arrive or depart from the airport, with 286 flights scheduled. Extinction Rebellion, which has targeted government buildings over the last few days,...
REUTERS

London City Airport braces for possible shutdown by climate protesters

London City Airport braces for possible shutdown by climate protesters
LONDON (Reuters) - London City Airport was braced for disruption on Thursday after climate-change protesters Extinction Rebellion vowed to occupy its terminal and shut down operations for three days as part of its action in the British capital. London City is the capital’s fifth-biggest - and most central - airport, popular with business travelers, bankers and politicians for short-haul and regional routes. On Thursday, 18,000 passengers are due to arrive or depart from the airport, with 286 flights scheduled. Extinction Rebellion, which has targeted government buildings over the last few days,...
REUTERS

Shell to offset carbon emissions for British fuel buyers

Shell to offset carbon emissions for British fuel buyers
LONDON (Reuters) - Royal Dutch Shell said on Thursday it would offset the carbon dioxide emissions of around 1.5 million road users in Britain starting later this month under a loyalty scheme. Shell, like other oil companies, has come under pressure from shareholders to show how it plans to reduce its carbon footprint and help cut greenhouse gas emissions, a major cause of global warming. Britons are increasingly concerned about their environmental impact, with thousands of students striking earlier this year and green group Extinction Rebellion carrying out civil disobedience to push for more ambition on climate change...
REUTERS

Syrian Kurds outgunned but vow to inflict toll on Turkish army

Syrian Kurds outgunned but vow to inflict toll on Turkish army
BEIRUT (Reuters) - Kurdish fighters who defeated Islamic State across much of Syria with U.S. help will struggle to fend off the Turkish army and its Syrian rebel allies who thrust across the border on Wednesday in a long-threatened offensive. Under Turkish attack after their U.S. allies withdrew from part of the border, the Syrian Democratic Forces (SDF) - which the Kurdish YPG militia spearheads - is heavily outgunned by NATO’s second-largest military. While the United States has armed and trained the SDF through years of fighting IS, Washington held back from supplying its Kurdish allies with a more sophisticated arsenal, reflecting the needs of the battle but also Turkish concerns...
REUTERS

Shell to offset carbon emissions for British fuel buyers

Shell to offset carbon emissions for British fuel buyers
LONDON (Reuters) - Royal Dutch Shell said on Thursday it would offset the carbon dioxide emissions of around 1.5 million road users in Britain starting later this month under a loyalty scheme. Shell, like other oil companies, has come under pressure from shareholders to show how it plans to reduce its carbon footprint and help cut greenhouse gas emissions, a major cause of global warming. Britons are increasingly concerned about their environmental impact, with thousands of students striking earlier this year and green group Extinction Rebellion carrying out civil disobedience to push for more ambition on climate change...
REUTERS

Japan manufacturers' outlook less negative, service sector up: Reuters Tankan

Japan manufacturers' outlook less negative, service sector up: Reuters Tankan
TOKYO - Japanese manufacturers’ business outlook was less pessimistic in October while service-sector sentiment rose to a three-month high, the Reuters Tankan poll found, likely easing fears for now of the world’s third-largest economy falling into a recession. The results could bolster the government’s expectations that solid domestic demand will help counter the drag from exports, as the Sino-U.S. trade war and global slowdown weigh on the country’s economic growth. That offers relief to policymakers who are under pressure to deploy further stimulus to prevent the trade-dependent economy from falling into a recession...
REUTERS

Japan manufacturers' outlook less negative, service sector up: Reuters Tankan

Japan manufacturers' outlook less negative, service sector up: Reuters Tankan
TOKYO - Japanese manufacturers’ business outlook was less pessimistic in October while service-sector sentiment rose to a three-month high, the Reuters Tankan poll found, likely easing fears for now of the world’s third-largest economy falling into a recession. The results could bolster the government’s expectations that solid domestic demand will help counter the drag from exports, as the Sino-U.S. trade war and global slowdown weigh on the country’s economic growth. That offers relief to policymakers who are under pressure to deploy further stimulus to prevent the trade-dependent economy from falling into a recession...
REUTERS

Syrian Kurds outgunned but vow to inflict toll on Turkish army

Syrian Kurds outgunned but vow to inflict toll on Turkish army
BEIRUT (Reuters) - Kurdish fighters who defeated Islamic State across much of Syria with U.S. help will struggle to fend off the Turkish army and its Syrian rebel allies who thrust across the border on Wednesday in a long-threatened offensive. Under Turkish attack after their U.S. allies withdrew from part of the border, the Syrian Democratic Forces (SDF) - which the Kurdish YPG militia spearheads - is heavily outgunned by NATO’s second-largest military. While the United States has armed and trained the SDF through years of fighting IS, Washington held back from supplying its Kurdish allies with a more sophisticated arsenal, reflecting the needs of the battle but also Turkish concerns...
REUTERS

Syrian Kurds outgunned but vow to inflict toll on Turkish army

Syrian Kurds outgunned but vow to inflict toll on Turkish army
BEIRUT (Reuters) - Kurdish fighters who defeated Islamic State across much of Syria with U.S. help will struggle to fend off the Turkish army and its Syrian rebel allies who thrust across the border on Wednesday in a long-threatened offensive. Under Turkish attack after their U.S. allies withdrew from part of the border, the Syrian Democratic Forces (SDF) - which the Kurdish YPG militia spearheads - is heavily outgunned by NATO’s second-largest military. While the United States has armed and trained the SDF through years of fighting IS, Washington held back from supplying its Kurdish allies with a more sophisticated arsenal, reflecting the needs of the battle but also Turkish concerns...
REUTERS

Saturn is the solar system's 'moon king,' with 20 more spotted

Saturn is the solar system's 'moon king,' with 20 more spotted
WASHINGTON (Reuters) - Saturn is now being recognized as the “moon king” of our solar system, with astronomers spotting 20 more of them orbiting the giant ringed planet, bringing its total count to 82 - three more than Jupiter. The newly identified small moons, ranging from about 2 to 4 miles (3 to 6 km) in diameter, were detected using the Subaru telescope in Hawaii by a research team led by astronomer Scott Sheppard of the Carnegie Institution for Science in Washington. “Saturn is the moon king,” Sheppard said on Wednesday in an email interview. The discovery was announced this week by the International Astronomical Union’s Minor Planet Center...
REUTERS

Southwest, Gol ground 13 Boeing 737 NG airplanes after checks

Southwest, Gol ground 13 Boeing 737 NG airplanes after checks
WASHINGTON/SAO PAULO (Reuters) - Southwest Airlines Co ( LUV.N ) and Brazil’s Gol Linhas Aereas ( GOLL4.SA ) said on Wednesday they had grounded a total of 13 Boeing Co ( BA.N ) 737 NG airplanes after U.S. regulators ordered urgent inspections last week. Southwest said it had grounded two planes, while Gol said it had grounded 11. Both airlines are major operators of the 737, including the NG variant and the more recent MAX, which has been grounded for months after two deadly crashes. The U.S. Federal Aviation Administration last week told aircraft operators to inspect 165 Boeing 737 NG airliners for structural cracks within seven days after the issue was found on a small number of planes...
REUTERS

Massive jury award against J&J highlights risks of its legal strategy

Massive jury award against J&J highlights risks of its legal strategy
(Reuters) - A jury award that hit Johnson & Johnson ( JNJ.N ) with $8 billion in punitive damages for a case involving its anti-psychotic drug Risperdal highlights the risks of the drugmaker’s all-or-nothing legal strategy, several legal experts told Reuters on Wednesday. The jury in a Philadelphia court awarded the $8 billion to a man who previously won $680,000 over his claims that it failed to warn that young men using Risperdal could grow breasts. J&J called the sum “grossly disproportionate with the initial compensatory award” and said it was confident it would be overturned. Legal experts agreed that the penalty was likely to be slashed...
REUTERS

U.S.-China making no progress in deputy-level trade talks: South China Morning Post

U.S.-China making no progress in deputy-level trade talks: South China Morning Post
(Reuters) - The United States and China made no progress in deputy-level trade talks held during Monday and Tuesday in Washington, the South China Morning Post reported, citing unnamed sources with knowledge of the meetings. The Chinese delegation, headed by Vice Premier Liu He, is planning to leave Washington on Thursday after just one day of minister-level meetings, the report said...
REUTERS

Breaking with Trump, U.S. Republicans press for response to Turkey over Syria

Breaking with Trump, U.S. Republicans press for response to Turkey over Syria
WASHINGTON (Reuters) - U.S. Republicans condemned President Donald Trump’s Syria policy on Wednesday after Turkey launched a military operation against Kurdish fighters, a rare break from the White House that had some calling for “devastating” sanctions against the NATO ally. Republican Senator Lindsey Graham, usually a vocal Trump ally, has repeatedly criticized Trump’s decision to withdraw U.S. troops from northeastern Syria and unveiled a framework for sanctions on Turkey with Democratic Senator Chris Van Hollen. Their proposed sanctions would target the assets of senior officials including...
REUTERS

Brazil pension reform to clear Congress by October 22: senator

Brazil pension reform to clear Congress by October 22: senator
BRASILIA (Reuters) - President Jair Bolsonaro’s government is confident it will win final Congressional approval for its pension overhaul by Oct. 22 now that lawmakers have agreed on how to share surplus oil revenues, his party’s leader in the Senate said on Wednesday. Senator Major Olimpio told Reuters that Bolsonaro’s key legislation to reduce a wide budget deficit, an unsustainable gap that worries investors, will certainly pass Congress, but a second “parallel” pension reform bill with contentious issues will have to wait until next year. Olimpio criticized lawmakers for holding up the pension...
REUTERS

U.S.-China making no progress in deputy-level trade talks: South China Morning Post

U.S.-China making no progress in deputy-level trade talks: South China Morning Post
(Reuters) - The United States and China made no progress in deputy-level trade talks held during Monday and Tuesday in Washington, the South China Morning Post reported, citing unnamed sources with knowledge of the meetings. The Chinese delegation, headed by Vice Premier Liu He, is planning to leave Washington on Thursday after just one day of minister-level meetings, the report said...
REUTERS

Boeing says it is working with airlines on 737 structural cracks issue

Boeing says it is working with airlines on 737 structural cracks issue
SEATTLE (Reuters) - Boeing Co ( BA.N ) said on Wednesday it regretted the impact a structural cracks issue on its 737 NG jetliners was having on Brazilian airline Gol ( GOLL4.SA ) and other carriers around the world.
REUTERS

Boeing says it is working with airlines on 737 structural cracks issue

Boeing says it is working with airlines on 737 structural cracks issue
SEATTLE (Reuters) - Boeing Co ( BA.N ) said on Wednesday it regretted the impact a structural cracks issue on its 737 NG jetliners was having on Brazilian airline Gol ( GOLL4.SA ) and other carriers around the world.
REUTERS

Peru's economy minister sees 2019 growth despite 'downward bias' amid political crisis

Peru's economy minister sees 2019 growth despite 'downward bias' amid political crisis
LIMA (Reuters) - Peru’s new economy minister said on Wednesday she saw economic growth for this year at 3% but warned of a “downward bias” due to the global slowdown and a local political crisis in which the president dissolved Congress late last month. Maria Antonieta Alva, a 34-year-old, Harvard-trained public administrator, told a news conference in the capital Lima that the economy remained “solid” despite the upheaval. Peru’s centrist president, Martin Vizcarra, swore in 19 new ministers, including Alva, last week and has announced new legislative elections for Jan. 26 amid the country’s worst political crisis in two decades...
REUTERS

Brazil pension reform to clear Congress by October 22: senator

Brazil pension reform to clear Congress by October 22: senator
BRASILIA (Reuters) - President Jair Bolsonaro’s government is confident it will win final Congressional approval for its pension overhaul by Oct. 22 now that lawmakers have agreed on how to share surplus oil revenues, his party’s leader in the Senate said on Wednesday. Senator Major Olimpio told Reuters that Bolsonaro’s key legislation to reduce a wide budget deficit, an unsustainable gap that worries investors, will certainly pass Congress, but a second “parallel” pension reform bill with contentious issues will have to wait until next year. Olimpio criticized lawmakers for holding up the pension...
REUTERS

Peru's economy minister sees 2019 growth despite 'downward bias' amid political crisis

Peru's economy minister sees 2019 growth despite 'downward bias' amid political crisis
LIMA (Reuters) - Peru’s new economy minister said on Wednesday she saw economic growth for this year at 3% but warned of a “downward bias” due to the global slowdown and a local political crisis in which the president dissolved Congress late last month. Maria Antonieta Alva, a 34-year-old, Harvard-trained public administrator, told a news conference in the capital Lima that the economy remained “solid” despite the upheaval. Peru’s centrist president, Martin Vizcarra, swore in 19 new ministers, including Alva, last week and has announced new legislative elections for Jan. 26 amid the country’s worst political crisis in two decades...
REUTERS

Turkey opens ground assault on Syria's Kurds; U.S. Republicans turn on Trump

Turkey opens ground assault on Syria's Kurds; U.S. Republicans turn on Trump
AKCAKALE, Turkey (Reuters) - Turkish troops and their Syrian rebel allies attacked Kurdish militia in northeast Syria on Wednesday, pounding them with air strikes and artillery before starting a cross-border ground operation that could transform an eight-year-old war. The assault began days after U.S. President Donald Trump pulled American troops out of the way, prompting denunciations from senior members of his own Republican Party who say he abandoned the Syrian Kurds, loyal allies of Washington. “The Turkish Armed Forces and the Syrian National Army have launched the land operation into the...
REUTERS

Pompeo says appropriate for Trump to ask Ukraine to probe corruption

Pompeo says appropriate for Trump to ask Ukraine to probe corruption
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo said it was “wholly appropriate” for President Donald Trump to ask Ukraine’s leader to investigate corruption in his country. “I found that to be wholly appropriate to try to get another country to stop being corrupt,” Pompeo said in an interview on PBS’s “NewsHour” program. Pompeo has said he listened to the July 25 call between Trump and Ukrainian President Volodymyr Zelenskiy,...
REUTERS

Turkey opens ground assault on Syria's Kurds; U.S. Republicans turn on Trump

Turkey opens ground assault on Syria's Kurds; U.S. Republicans turn on Trump
AKCAKALE, Turkey (Reuters) - Turkish troops and their Syrian rebel allies attacked Kurdish militia in northeast Syria on Wednesday, pounding them with air strikes and artillery before starting a cross-border ground operation that could transform an eight-year-old war. The assault began days after U.S. President Donald Trump pulled American troops out of the way, prompting denunciations from senior members of his own Republican Party who say he abandoned the Syrian Kurds, loyal allies of Washington. “The Turkish Armed Forces and the Syrian National Army have launched the land operation into the...
REUTERS

Judge opens door to PG&E noteholders filing their own reorganization plan

Judge opens door to PG&E noteholders filing their own reorganization plan
SAN FRANCISCO (Reuters) - The judge overseeing the bankruptcy of PG&E Corp ( PCG.N ) on Wednesday issued an order opening the door to a group of noteholders to file their own reorganization plan for the California power provider. U.S. Bankruptcy Judge Dennis Montali said in his order filed in U.S. Bankruptcy Court in San Francisco that allowing the noteholders to file their plan while PG&E advances its own plan may help reach a global resolution of the case. Montali added that he favored allowing the noteholders to file their plan because it has the support of the committee representing victims...
REUTERS

Pompeo says China's treatment of Muslims 'enormous human right violation': PBS interview

Pompeo says China's treatment of Muslims 'enormous human right violation': PBS interview
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo said in a television interview on Wednesday that China’s treatment of Muslims, including the Uighurs, in western China was an “enormous human rights violation” and Washington will continue to raise the issue. “This is not only an enormous human rights violation, but we don’t think it’s in the best interests of the world or of China to engage in this kind of behavior,” Pompeo told PBS. Asked whether Chinese President Xi Jinping was responsible, Pompeo said: “Xi Jinping leads the country just like the leader of a tank platoon, a small business or a country is responsible for the things that happen in your name...
REUTERS

Dueling headlines ahead of trade war talks

Dueling headlines ahead of trade war talks
Beijing has lowered expectations for significant progress from this week's trade talks with the U.S., sources told Reuters but other media reported China is open to a partial agreement.
REUTERS

Bernie Sanders: Will not scale down campaign after heart attack - NBC interview

Bernie Sanders: Will not scale down campaign after heart attack - NBC interview
WASHINGTON (Reuters) - U.S. Senator Bernie Sanders said on Wednesday he does not intend to scale back his presidential campaigning after a heart attack, saying he had not intended to give the impression he was slowing down. “I misspoke the other day. I said a word I should not have said and media drives me a little bit nuts to make a big deal about it,” Sanders said in an interview with NBC News. “We’re going to get back into the groove of a very vigorous campaign. I love doing rallies and I love doing town meetings.” “I want to start off slower and build up and build up and build up.” Sanders,...
REUTERS

Bernie Sanders: Will not scale down campaign after heart attack - NBC interview

Bernie Sanders: Will not scale down campaign after heart attack - NBC interview
WASHINGTON (Reuters) - U.S. Senator Bernie Sanders said on Wednesday he does not intend to scale back his presidential campaigning after a heart attack, saying he had not intended to give the impression he was slowing down. “I misspoke the other day. I said a word I should not have said and media drives me a little bit nuts to make a big deal about it,” Sanders said in an interview with NBC News. “We’re going to get back into the groove of a very vigorous campaign. I love doing rallies and I love doing town meetings.” “I want to start off slower and build up and build up and build up.” Sanders,...
REUTERS

Pompeo says appropriate for Trump to ask Ukraine to probe corruption

Pompeo says appropriate for Trump to ask Ukraine to probe corruption
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo said it was “wholly appropriate” for President Donald Trump to ask Ukraine’s leader to investigate corruption in his country. “I found that to be wholly appropriate to try to get another country to stop being corrupt,” Pompeo said in an interview on PBS’s “NewsHour” program. Pompeo has said he listened to the July 25 call between Trump and Ukrainian President Volodymyr Zelenskiy,...
REUTERS

Judge opens door to PG&E wildfire victims, noteholders filing rival reorganization plan

Judge opens door to PG&E wildfire victims, noteholders filing rival reorganization plan
SAN FRANCISCO (Reuters) - The judge overseeing the bankruptcy of PG&E Corp ( PCG.N ) on Wednesday issued an order opening the door to a group of noteholders and wildfire victims to file their own reorganization plan for the California power provider. PG&E’s shares tumbled 28% in after-hours trade to $7.90. Bankruptcy Judge Dennis Montali said in his order filed in U.S. Bankruptcy Court in San Francisco that he favored allowing the noteholders to file their plan because it has the support of the committee representing victims of the massive California wildfires in 2017 and 2018 that pushed PG&E to seek Chapter 11 bankruptcy protection in January...
REUTERS

Judge opens door to PG&E noteholders filing their own reorganization plan

Judge opens door to PG&E noteholders filing their own reorganization plan
SAN FRANCISCO (Reuters) - The judge overseeing the bankruptcy of PG&E Corp ( PCG.N ) on Wednesday issued an order opening the door to a group of noteholders to file their own reorganization plan for the California power provider.
REUTERS

Pompeo says China's treatment Muslims 'enormous human right violation': PBS interview

Pompeo says China's treatment Muslims 'enormous human right violation': PBS interview
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo said in a television interview on Wednesday that China’s treatment of Muslims, including the Uighurs, in western China was an “enormous human rights violation” and Washington will continue to raise the issue. “This is not only an enormous human rights violation, but we don’t think it’s in the best interests of the world or of China to engage in this kind of behavior,” Pompeo told PBS...
REUTERS

Pompeo says China's treatment Muslims 'enormous human right violation': PBS interview

Pompeo says China's treatment Muslims 'enormous human right violation': PBS interview
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo said in a television interview on Wednesday that China’s treatment of Muslims, including the Uighurs, in western China was an “enormous human rights violation” and Washington will continue to raise the issue. “This is not only an enormous human rights violation, but we don’t think it’s in the best interests of the world or of China to engage in this kind of behavior,” Pompeo told PBS...
REUTERS

Pompeo says China's treatment Muslims 'enormous human right violation': PBS interview

Pompeo says China's treatment Muslims 'enormous human right violation': PBS interview
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo said in a television interview on Wednesday that China’s treatment of Muslims, including the Uighurs, in western China was an “enormous human rights violation” and Washington will continue to raise the issue. “This is not only an enormous human rights violation, but we don’t think it’s in the best interests of the world or of China to engage in this kind of behavior,” Pompeo told PBS...
REUTERS

U.S. says gene testing firm gets 25-year ban in $42.6 million kickback settlement

U.S. says gene testing firm gets 25-year ban in $42.6 million kickback settlement
(Reuters) - A New Orleans-based genetics testing company and its three principals will pay $42.6 million to resolve charges they defrauded the federal government by paying kickbacks for referrals and billing for medically unnecessary tests, the U.S. Department of Justice said on Wednesday. UTC Laboratories Inc, which has also been known as Renaissance RX or RenRX, also agreed to a 25-year ban from participating in any federal healthcare program, the Justice Department said. Wednesday’s accord resolved six whistleblower lawsuits accusing the company of violating the federal False Claims Act. UTC will pay $41...
REUTERS

U.S. says gene testing firm gets 25-year ban in $42.6 million kickback settlement

U.S. says gene testing firm gets 25-year ban in $42.6 million kickback settlement
(Reuters) - A New Orleans-based genetics testing company and its three principals will pay $42.6 million to resolve charges they defrauded the federal government by paying kickbacks for referrals and billing for medically unnecessary tests, the U.S. Department of Justice said on Wednesday. UTC Laboratories Inc, which has also been known as Renaissance RX or RenRX, also agreed to a 25-year ban from participating in any federal healthcare program, the Justice Department said. Wednesday’s accord resolved six whistleblower lawsuits accusing the company of violating the federal False Claims Act. UTC will pay $41...
REUTERS

Pompeo says U.S. did not give green light to Turkey's Syria incursion

Pompeo says U.S. did not give green light to Turkey's Syria incursion
WASHINGTON (Reuters) - The United States has not given Turkey a green light to invade Syria, U.S. Secretary of State Mike Pompeo said on Wednesday, but added that Ankara had “legitimate security concerns” and that President Donald Trump made a decision to move American soldiers out of harm’s way.
REUTERS

Trump orders agencies to require public input in key 'guidance documents'

Trump orders agencies to require public input in key 'guidance documents'
WASHINGTON (Reuters) - U.S. President Donald Trump signed two executive orders on Wednesday requiring federal agencies to go through a similar process of public input and explanation when they issue key “guidance documents” and pledged White House scrutiny. Trump said his orders require agencies to seek public input on “the most important guidance and the whole process will be closely overseen by the White House.” Trump’s orders say the public can ask agencies to withdraw guidance they believe is wrong. The White House said agencies must give the public “fair notice of any complaint against them and a chance to respond...
REUTERS

Pompeo says U.S. did not give green light to Turkey's Syria incursion

Pompeo says U.S. did not give green light to Turkey's Syria incursion
WASHINGTON (Reuters) - The United States has not given Turkey a green light to invade Syria, U.S. Secretary of State Mike Pompeo said on Wednesday, but added that Ankara had “legitimate security concerns” and that President Donald Trump made a decision to move American soldiers out of harm’s way.
REUTERS

Trump orders agencies to require public input in key 'guidance documents'

Trump orders agencies to require public input in key 'guidance documents'
WASHINGTON (Reuters) - U.S. President Donald Trump signed two executive orders on Wednesday requiring federal agencies to go through a similar process of public input and explanation when they issue key “guidance documents” and pledged White House scrutiny. Trump said his orders require agencies to seek public input on “the most important guidance and the whole process will be closely overseen by the White House.” Trump’s orders say the public can ask agencies to withdraw guidance they believe is wrong. The White House said agencies must give the public “fair notice of any complaint against them and a chance to respond...
REUTERS

ProPetro rejigs management after internal probe into accounting disclosures

ProPetro rejigs management after internal probe into accounting disclosures
(Reuters) - Hydraulic fracturing firm ProPetro Holding Corp ( PUMP.N ) on Wednesday announced a management shakeup, following an internal investigation into disclosure of electric frac equipment purchases and executive spending. Dale Redman will no longer be the principal executive, but will remain on as chief executive officer. Phillip Gobe, currently board chairman, will take over as the company’s executive chairman and serve as the principal executive officer, responsible for its annual and quarterly reports. Gobe will also partly oversee the remediation of control deficiencies identified in the internal review, the company said...
REUTERS

Canada condemns Turkey's military action against Kurdish forces

Canada condemns Turkey's military action against Kurdish forces
OTTAWA (Reuters) - Canada condemned Turkey’s assault on Kurdish militia in northeast Syria on Wednesday, saying it risked undermining both the stability of a fragile region and efforts to contain the Islamic State. Turkish troops and their Syrian rebel allies pounded the Kurds with air strikes and artillery before launching a cross-border ground operation. “Canada firmly condemns Turkey’s military incursion into Syria today ... we call for the protection of civilians and on all parties to respect their obligations under international law,” Foreign Minister Chrystia Freeland said on Twitter...
REUTERS

Canada condemns Turkey's military action against Kurdish forces

Canada condemns Turkey's military action against Kurdish forces
OTTAWA (Reuters) - Canada condemned Turkey’s assault on Kurdish militia in northeast Syria on Wednesday, saying it risked undermining both the stability of a fragile region and efforts to contain the Islamic State. Turkish troops and their Syrian rebel allies pounded the Kurds with air strikes and artillery before launching a cross-border ground operation. “Canada firmly condemns Turkey’s military incursion into Syria today ... we call for the protection of civilians and on all parties to respect their obligations under international law,” Foreign Minister Chrystia Freeland said on Twitter...
REUTERS

Synagogue attack sparks fear among Jews in Germany

Synagogue attack sparks fear among Jews in Germany
BERLIN (Reuters) - As Jews left Yom Kippur prayers across Germany on Wednesday, they were jolted by word that an anti-Semitic gunman had attacked a synagogue in the eastern city of Halle hours before, killing two people. The news heightened fears of more anti-Semitic violence in a nation still scarred by the Holocaust and witnessing the rise of the right-wing Alternative for Germany (AfD) party. “It’s very scary,” said Samuel Tsarfati, a 27-year-old stage director, as he left a Berlin synagogue with fellow French national Samuel Laufer. The pair, who live and work in the German capital, had spent...
REUTERS

Tunisia's moderate Islamist party Ennahda to lead fractured new parliament

Tunisia's moderate Islamist party Ennahda to lead fractured new parliament
TUNIS (Reuters) - The moderate Islamist Ennahda will be the largest party in Tunisia’s new parliament, preliminary official results showed on Wednesday, but with only 52 of 217 seats it may struggle to build a governing coalition. The results, along with those in the first round of a separate presidential election last month, appear to underscore dissatisfaction with the major parties. Though Ennahda came first, it has 17 fewer seats than it won in the last parliamentary election in 2014, when it came second to a secular coalition which has since fallen apart. Ennahda has been a member of several...
REUTERS

Tunisia's moderate Islamist party Ennahda to lead fractured new parliament

Tunisia's moderate Islamist party Ennahda to lead fractured new parliament
TUNIS (Reuters) - The moderate Islamist Ennahda will be the largest party in Tunisia’s new parliament, preliminary official results showed on Wednesday, but with only 52 of 217 seats it may struggle to build a governing coalition. The results, along with those in the first round of a separate presidential election last month, appear to underscore dissatisfaction with the major parties. Though Ennahda came first, it has 17 fewer seats than it won in the last parliamentary election in 2014, when it came second to a secular coalition which has since fallen apart. Ennahda has been a member of several...
REUTERS

Egyp, Iraq discuss Syria after Turkish offensive: Egypt state TV

Egyp, Iraq discuss Syria after Turkish offensive: Egypt state TV
CAIRO - (Reuters) - Egypt’s Sisi and Iraqi president Barham Salih discussed over the phone on Wednesday the situation in Syria after the Turkish offensive, according to Egypt’s state TV. The state TV added that the two presidents agreed to continue the joint work and discussions to counter the Turkish move in Syria and to preserve the integrity and unity of Syria...
REUTERS

Egyp, Iraq discuss Syria after Turkish offensive: Egypt state TV

Egyp, Iraq discuss Syria after Turkish offensive: Egypt state TV
CAIRO - (Reuters) - Egypt’s Sisi and Iraqi president Barham Salih discussed over the phone on Wednesday the situation in Syria after the Turkish offensive, according to Egypt’s state TV. The state TV added that the two presidents agreed to continue the joint work and discussions to counter the Turkish move in Syria and to preserve the integrity and unity of Syria...
REUTERS

Top adviser to PM Johnson going on maternity leave within days: Sun

Top adviser to PM Johnson going on maternity leave within days: Sun
LONDON (Reuters) - Nikki da Costa, a top adviser to Boris Johnson, will be leaving on maternity leave in a few days, the Sun newspaper reported on Wednesday, citing a Downing Street source. Da Costa is director of legislative affairs and advises Johnson on the parliamentary system. Reporting by Andy Bruce, Editing by Rosalba O'Brien Our Standards: The Thomson Reuters Trust Principles...
REUTERS

Top adviser to PM Johnson going on maternity leave within days: Sun

Top adviser to PM Johnson going on maternity leave within days: Sun
LONDON (Reuters) - Nikki da Costa, a top adviser to Boris Johnson, will be leaving on maternity leave in a few days, the Sun newspaper reported on Wednesday, citing a Downing Street source. Da Costa is director of legislative affairs and advises Johnson on the parliamentary system. Reporting by Andy Bruce, Editing by Rosalba O'Brien Our Standards: The Thomson Reuters Trust Principles...
REUTERS
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