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Iran dismisses Trump’s explosive threat to country’s leader

Iranians on Monday shrugged off the possibility that a bellicose exchange of words between President Donald Trump and his Iranian counterpart could escalate into military conflict, but expressed growing concern America’s stepped-up sanctions could damage their fragile economy. In his latest salvo, Trump tweeted late on Sunday that hostile threats from Iran could bring dire consequences. Within hours, Iran’s state-owned news agency IRNA dismissed the tweet, describing it as a “passive reaction” to Rouhani’s remarks. …read more […]

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Deadly LA market shooting started with domestic feud

Gene Evin Atkins, 28, was booked Sunday on suspicion of murder after an explosion of violence that a relative said may have been brewing for weeks. Melyda Corado, 27, was shot to death Saturday at a Trader Joe’s market in the Silver Lake neighborhood after a gunfight that shattered the store’s glass doors, witnesses said. My world,” her brother, Albert Corado said on Twitter. …read more […]

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New Fiat Chrysler boss must deliver Marchionne plan

New Fiat Chrysler boss Mike Manley faces the task of executing his predecessor’s plan to boost production of SUVs and catch up on electric cars to keep the world’s seventh-largest carmaker competitive in the absence of a merger. Jeep division head Manley was named on Saturday to succeed Chief Executive Sergio Marchionne, one of the auto industry’s most tenacious and respected leaders, who fell seriously ill after suffering complications following surgery. Marchionne had been due to step down next April, so the market reaction was limited on Monday. …read more […]

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After a week of walkbacks, Trump returns to Russia doubting

Trump spent days trying to reassure the country that he accepts that the longtime foe interfered in the 2016 election after his public undermining of U.S. intelligence agencies in Helsinki while standing alongside Russian President Vladimir Putin. “So President Obama knew about Russia before the Election,” Trump tweeted. It was not immediately clear whether Trump was suggesting that the entire notion of Russian interference — U.S. intelligence agencies unanimously concur it took place and Trump reluctantly accepted their assessment amid the firestorm — was fraudulent, or just the investigation of potential collusion by Trump associates with Russian agents. …read more […]

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Qualcomm-NXP Deal Faces Moment of Truth With China ‘Yes’ or ‘No’

Qualcomm Inc. is at the end of a nearly two-year wait for China’s government to sign off on its $44 billion purchase of NXP Semiconductors NV. The final authorization could be processed and made public at short notice if China’s political leaders decide to release it. NXP gave Qualcomm until 11:59 p.m. on Wednesday, July 25 in New York to get it done. …read more […]

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Molinari survives wild day to win British Open

Francesco Molinari didn’t get the loudest cheers for the best golf at British Open. Molinari settled for the best cheer of them all. Amid so much chaos — seven players atop the leaderboard, six of them still tied on the back nine — Molinari played a steady hand by going the entire weekend without a bogey and finishing with a 5-foot birdie putt that secured his place in history as Italy’s first major champion. …read more […]