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Accuser’s story of attack roils plan for Kavanaugh vote

Judge Brett Kavanaugh’s confirmation for the Supreme Court is taking an uncertain turn as Republican senators express concern over a woman’s private-turned-public allegation that a drunken Kavanaugh groped her and tried to take off her clothes at a party when they were teenagers. The White House and other Kavanaugh supporters had dismissed the allegation of sexual misconduct when it was initially conveyed in a private letter. With a name and disturbing details, the accusation raised the prospect of congressional Republicans defending President Donald Trump’s nominee ahead of midterm elections featuring an unprecedented number of female candidates and informed …read more […]

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China stocks drop to near four-year low as Trump said to prepare new tariffs

China’s main Shanghai Composite index fell to its lowest close in nearly four years on Monday as reports said U.S. President Donald Trump would unveil new tariffs on $200 billion of imported Chinese goods this week. In Hong Kong, the Hang Seng index was down 1.3 percent in late afternoon trade, and the China Enterprises index was off 1.2 percent. A senior official in the Trump administration told Reuters that Trump would announce the new tariffs as early as Monday. …read more […]

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China won’t just play defence in trade war, Global Times warns

China will not be content to only play defence in an escalating trade war with the United States, a widely read Chinese tabloid warned, as President Donald Trump was expected to announce new tariffs on $200 billion (£153 billion) in Chinese goods as early as Monday. Beijing may also decline to participate in proposed trade talks with Washington later this month if the Trump administration goes ahead with the additional tariffs, the Wall Street Journal reported on Sunday, citing Chinese officials. …read more […]

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Musk says Tesla now in “delivery logistics hell”

“Sorry, we’ve gone from production hell to delivery logistics hell, but this problem is far more tractable. Should be solved shortly,” Musk said in a tweet in response to a customer complaint on delivery delay. The 47-year-old billionaire who earlier this month faced investor ire over smoking marijuana on a live web show, has indicated in the past that Tesla’s customers may face a longer response time because of a significant increase in vehicle delivery volume in North America. …read more […]

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China won't just play defence in trade war, Global Times says

China will not be content to only play defence in an escalating trade war with the United States, a widely read Chinese tabloid warned, as President Donald Trump was expected to announce new tariffs on $200 billion in Chinese goods as early as Monday. Beijing may also decline to participate in proposed trade talks with Washington later this month if the Trump administration goes ahead with the additional tariffs, the Wall Street Journal reported on Sunday, citing Chinese officials. The United States and China have already levied duties on $50 billion worth of each other’s goods in an …read more […]

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Asian shares tripped up by new U.S. tariff threat

Most Asian share markets slipped on Monday amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing. Liquidity was thin with Japan on holiday and moves in currencies and bonds were minor. Hong Kong markets opened as normal after a super typhoon brushed the city on its way to landfall in China’s Guangdong, the country’s most populous province. …read more […]

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Business + Coffee: VW kills the Bug, Bezos on Trump, Panthers owner on NFL protests

Friday, September 14: VW will stop producing the iconic Bug in 2019; Amazon CEO Jeff Bezos comments on President Trump and the media; Carolina Panthers owner David Tepper calls NFL players who protest “the most patriotic.” Yahoo Finance’s Dan Roberts delivers your news. …read more […]

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Verizon's ultrafast 5G home internet service will begin rolling out October 1 and offer download speeds 10 times as fast as the US average

Verizon will be the first internet service provider to offer a 5G home internet service. The service, called Verizon 5G Home, will offer customers higher speeds than most are used to. Verizon announced on Tuesday evening that it would begin selling the first 5G home internet service starting Thursday at 8 a.m. ET, with the service rolling out to four cities beginning October 1. …read more […]