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Florence’s rains: Coal ash landfill collapses in Carolinas

Duke Energy said Saturday night that heavy rains from Florence caused a slope to collapse at a coal ash landfill at a closed power station near the North Carolina coast. Duke spokeswoman Paige Sheehan said about 2,000 cubic yards (1,530 cubic meters) of ash were displaced at the L. V. Sutton Power Station outside Wilmington and that contaminated runoff likely flowed into the plant’s cooling pond. The company has not yet determined whether the weir that drains the lake was open or if contamination may have flowed into the Cape Fear River. …read more […]

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Trump ‘likely’ to announce new China tariffs as early as Monday: source

U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday, a senior administration official told Reuters on Saturday. The tariff level will probably be about 10 percent, the Wall Street Journal reported, quoting people familiar with the matter. This is below the 25 percent the administration said it was considering for this possible round of tariffs. …read more […]

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Trump ‘likely’ to announce new China tariffs as early as Monday – source

U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday, a senior administration official told Reuters on Saturday. The tariff level will probably be about 10 percent, the Wall Street Journal reported, quoting people familiar with the matter. This is below the 25 percent the administration said it was considering for this possible round of tariffs. …read more […]

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Business News

BMW drives to cut battery costs, share costs on autonomous vehicles: executive

German luxury vehicle maker BMW AG plans more deals with mining companies to secure electric vehicle battery materials, and is open to forming alliances to share the costs of developing autonomous-vehicle systems, the automaker’s research and development chief told Reuters.

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BMW just unveiled a new electric SUV concept to take on Tesla's Model X — take a closer look

BMW unveiled an electric concept SUV, the Vision iNEXT, on Saturday. The vehicle’s features include autonomous driving technology, voice control, and a projector that can show images or videos on objects held by passengers. A production vehicle based on the concept is planned for 2021. …read more […]