Asian shares fall after latest tech-led retreat on Wall St
BANGKOK (AP) — Shares have fallen in Asia after technology companies led Wall Street benchmarks lower. Investors are weighing the implications of higher interest rates, surging coronavirus cases and tensions between Beijing and Washington. Tokyo, Hong Kong, Shanghai and Seoul declined while Sydney was higher. U.S. shares dropped a day after the Federal Reserve said it’s preparing to begin raising rates next year to fight inflation. The S&P 500 fell 0.9% and the tech-heavy Nasdaq slid 2.5%, its biggest drop since September. Traders were also considering other moves by global central banks. The Bank of England became the first central bank among leading economies to raise interest rates.
Biden acknowledges $2T bill stalled, but vows it will pass
WASHINGTON (AP) — President Joe Biden has all but acknowledged negotiations over his sweeping domestic policy package will have to be pushed into the new year. It was a setback Thursday as Senate Democrats rushed to try to send the roughly $2 trillion bill to his desk by Christmas. But Biden does not yet have the votes, in large part because of opposition from one holdout: Sen. Joe Manchin of West Virginia. Biden’s discussions with Manchin will continue. He says he is confident the package will eventually pass. Biden also says Democrats must press forward on voting rights legislation.
VOTING MACHINES-DEFAMATION LAWSUIT
Delaware judge rejects Fox News motion to dismiss lawsuit
WASHINGTON (AP) — A judge says that a $1.6 billion defamation lawsuit brought against Fox News by Dominion Voting Systems can go forward. In a ruling released Thursday, Delaware Superior Court Judge Eric Davis denied the cable news giant’s motion to dismiss the lawsuit. Dominion filed the lawsuit against Fox earlier this year alleging that some of its employees elevated false charges that Dominion had changed votes in the 2020 election and spread Donald Trump allies claims of fraud by the voting machine company. There was no widespread fraud in the 2020 election, a fact that a range of officials across the country and Trump’s own attorney general confirmed.
DAUNTE WRIGHT-OFFICER TRIAL
Potter expected on stand as trial in Wright death nears end
MINNEAPOLIS (AP) — The Minnesota police officer on trial in the shooting death of Daunte Wright was expected to take the stand Friday, hoping to persuade jurors to acquit her of manslaughter charges in what she has said was a gun-Taser mixup. A compressed defense case for Kim Potter appeared likely to wrap up after just two days, with jurors also expected to hear from an expert on how such errors can occur. Kim Potter’s police chief at the time she shot and killed Daunte Wright testified Thursday at her manslaughter trial. Tim Gannon called Potter “a fine officer” and said he “saw no violation” of policy in Potter’s actions at the scene.
Senate parliamentarian deals Democrats blow on immigration
WASHINGTON (AP) — The Senate parliamentarian says a Democratic effort to let millions of immigrants remain temporarily in the U.S. should be dropped from an expansive social and environment bill. It deals another blow to a longtime priority of the party, migrant advocates and progressives. The ruling by Elizabeth MacDonough, the Senate’s nonpartisan arbiter of its rules, all but certainly means Democrats will have to drop the proposal from their 10-year, $2 trillion package of health care, family services and climate change initiatives championed by President Joe Biden.
New legal battle over predator killing in Nevada wilderness
RENO, Nev. (AP) — Conservationists are suing three federal agencies over an environmental review the government says satisfies requirements to resume killing coyotes, mountain lions and other wildlife in federally protected wilderness areas in Nevada. The move comes five years after the U.S. Agriculture Department’s Wildlife Services settled a similar lawsuit by suspending the operations intended to protect livestock from predators. The lead plaintiff, WildEarth Guardians, long has battled USDA over the predator management program that Congress approved in 1931 and costs U.S. taxpayers millions of dollars annually. It allows the department to eradicate a whole host of native species, including mountain lions, bears, wolves and coyotes “for the benefit of agribusiness.”
27 feared dead in building fire in Osaka
TOKYO (AP) — Twenty-seven people are feared dead after a fire broke out in a building in Osaka in western Japan, fire department officials say, and police are investigating arson as a possible cause. The fire started on the fourth floor of an eight-story building in a shopping and entertainment area on Friday, the Osaka city fire department said. Twenty-eight people were injured, 27 of whom were found in a state of cardiac arrest, officials said. The cause of the fire and other details were not immediately known.
Chris Noth accused of sexual assaults; actor denies claims
LOS ANGELES (AP) — “Sex and the City” actor Chris Noth has been accused of sexually assaulting two women, who shared their accounts with the trade publication The Hollywood Reporter. Noth denies the allegations, saying his interactions with the women in 2004 and 2015 were “consensual.” The actor isn’t under criminal investigation over the allegations. Noth questioned the timing of the allegations, which come days after he reprised his Mr. Big character in the “Sex and the City” sequel “And Just Like That…” One of the women said the new show prompted her to go public.
Judge rejects Purdue Pharma’s sweeping opioid settlement
A federal judge has rejected OxyContin maker Purdue Pharma’s sweeping deal to settle thousands of lawsuits over the toll of opioids. U.S. District Court Judge Colleen McMahon in New York found flaws in the way the bankruptcy settlement protects members of the Sackler family who own the company from lawsuits. Purdue immediately said it would appeal Thursday’s decision. The ruling sides with one federal government office, eight states and a handful of other parties over thousands who had claims against Purdue and came to support the settlement. The Sacklers would have funded much of the settlement in exchange for the legal protections.
MIDWEST TORNADOES-ONE STREET
Tornado, storm death toll at 90 after Ky teen’s body found
BOWLING GREEN, Ky. (AP) — Authorities say the body of a Kentucky teenager has been found after a tornado ravaged her neighborhood. Nyssa Brown was the seventh member of her family to die in the tornado that hit Bowling Green last week. A coroner says the 13-year-old’s body was found Thursday in a wooded area near her subdivision. The girl’s parents, three siblings ranging in age from 4 to 16, and a grandmother also died in the tornado. Kirby says eight children were among the 12 victims who died on a single street. The teen’s death pushes the total of storm-related casualties in five states to 90, including 76 in Kentucky.
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