• Nascar CEO Brian France arrested for DUI and oxycodone possession
Nascar CEO Brian France arrested for DUI and oxycodone possession

During the traffic stop, police determined France was operating his vehicle "in an intoxicated condition, Drake said". TMZ Sports reports France's blood alcohol level was more than twice the legal limit and oxycodone pills were found in his possession during the search.

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  • Killed When Light Plane from Concord Crashes in SoCal
Killed When Light Plane from Concord Crashes in SoCal

The twin-engine Cessna plane was bound for John Wayne Airport, when the pilot declared an emergency. The crash came about a year after a twin-engine airplane burst into flames as it crash-landed on the 405 Freeway just a few miles away after taking off from John Wayne Airport.

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  • PepsiCo CEO Indra Nooyi to step down, Ramon Laguarta to succeed
PepsiCo CEO Indra Nooyi to step down, Ramon Laguarta to succeed

In a series of posts on Twitter, the businesswoman referred to her upbringing in India and said she "never imagined" she'd have the opportunity to lead a company like PepsiCo. Nooyi joined PepsiCo in 1994 and became the Chief Financial Officer in 2001. She also described "mixed emotions" about leaving the role. "PepsiCo today is in a strong pos...

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  • Fiat Chrysler Automobiles Files Complaint Against Mahindra for Infringement
Fiat Chrysler Automobiles Files Complaint Against Mahindra for Infringement

The Fiat Chrysler group filed the complaint on August 1 at the U.S. International Trade Commission, claiming that the Mahindra Roxor infringes key characteristics of Jeep's signature trade dress - namely the "boxy body shape with flat-appearing vertical sides and rear body ending at about the same height as the hood".

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  • China says it will retaliate with tariffs on $60B of USA goods
China says it will retaliate with tariffs on $60B of USA goods

The White House has imposed a 25 percent tariff on $50 billion worth of Chinese goods containing "industrially significant technologies" in an escalating, tit-for-tat conflict between the world's two largest economies. The United States alleges that China steals U.S. corporate secrets and wants it to stop doing so, and is also seeking to get Beij...

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  • Saudi Arabia Reduced Oil Production in July
Saudi Arabia Reduced Oil Production in July

Under pressure from U.S. President Donald Trump to reassure markets, the kingdom was said to have been preparing to pump 10.8 million or 11 million barrels a day. Despite the rising prices on Monday, traders said one relief to markets was an announcement by Saudi Arabia at the weekend that oil shipments through the Red Sea shipping lane of Bab al...

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  • Hundreds Ill From Parasite In McD Salads — CDC Report
Hundreds Ill From Parasite In McD Salads — CDC Report

The FDA noted that ill patients from Connecticut, Tennessee and Virginia purchased salads while traveling in IL, and that the Florida patient purchased a salad in Kentucky. In response, McDonald's has stopped selling salads in 3,000 US restaurants until they can replace their lettuce supplier. Retailers including Kroger, Trader Joe's and Walgree...

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  • Canada's June trade numbers surprisingly strong despite U.S. tariffs on metals
Canada's June trade numbers surprisingly strong despite U.S. tariffs on metals

After narrowing for three straight months, the US trade balance with the rest of the world expanded in June to $46.3 billion as exports slowed. Canada's trade gap narrowed dramatically in June, to its smallest in 17 months, as the country's exports surged to record levels even as protectionist trade clouds gathered.

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  • Global Oil Production Raises As Saudi Arabia Pumps More
Global Oil Production Raises As Saudi Arabia Pumps More

Saudi Arabia's production increased by 230,000 barrels a day in July to 10.65 million barrels per day. The commercial crude oil inventories excluding SPR was 15.2 percent below the levels of the same week past year. It produced about 11.21 million barrels per day, an increase of 140,000 from a month earlier, according to Bloomberg calculations ...

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  • Timeline - Ryanair struggles with widespread strike action
Timeline - Ryanair struggles with widespread strike action

Ryanair pilots from Belgium and Sweden have already announced a strike on the same date. "For over a month, the union has said that industrial action is likely to continue until there is substantial movement on the pilots' reasonable demands for an agreement on a fair and transparent approach to base transfers and related matters", a statement fr...

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  • USA jobs report: July disappoints with only 157,000 jobs added
USA jobs report: July disappoints with only 157,000 jobs added

On Friday, China's Commerce Ministry said a new set of proposed import tariffs on $60 billion worth of U.S. goods are rational and restrained and warned that it reserves the right of further countermeasures in the intensifying trade war. There have also been concerns that the trade tensions could dampen business confidence and lead companies to s...

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  • China Rejects US Request to Cut Iran Oil Imports
China Rejects US Request to Cut Iran Oil Imports

Francis Fannon , US assistant secretary of state for the bureau of energy resources, was recently in China to discuss sanctions, Bloomberg said, citing a US government official. India , the second purchaser of Iranian crude, also increased its imports from Iran last month. Teams of USA officials have been visiting capitals around the world to...

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  • House of Fraser seeks new investment after C.banner cancels fundraising
House of Fraser seeks new investment after C.banner cancels fundraising

The announcement was made on 16 May of 2018. The retailer employs 17,500 people - 6,000 direct and 11,500 concession staff. The group, which is now controlled by Chinese conglomerate Sanpower, said in June that it was shutting 31 of its 59 stores across Britain and Ireland, risking the loss of 6,000 jobs.

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  • I hope we don’t see any provocation from McGregor - Khabib Nurmagomedov’s father
I hope we don’t see any provocation from McGregor - Khabib Nurmagomedov’s father

McGregor won the lightweight strap after winning the featherweight title, but was ultimately stripped of both belts due to prolonged inactivity and failing to defend either belt. Going into the festivities, the assumption was that the sole focus would be on the return of Nate Diaz to the Octagon after over two years away, as he's set to take on Dus...

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  • Britons suffer as Spain and Portugal experience record temperatures
Britons suffer as Spain and Portugal experience record temperatures

Wheat fields have been devastated across northern Europe , driving up prices. A scorching 46C (115F) was forecast for Setúbal, near Lisbon, on Saturday, as emergency services in Portugal issued a red alert until Sunday and urged people to avoid picnics and outdoor activities.

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  • Citing competitiveness pressures, feds ease carbon tax thresholds
Citing competitiveness pressures, feds ease carbon tax thresholds

Somewhat surprisingly, given Saskatchewan's long-standing opposition to any form of carbon taxation, the document says the province, "Would have no constitutional objection if the federal government adopted a national carbon tax that applied uniformly all across the country".

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  • Trump Could Raise Tariffs Further On Chinese Goods
Trump Could Raise Tariffs Further On Chinese Goods

The Trump administration is proposing raising planned taxes on $200 billion (22 trillion yen) worth of Chinese imports to 25 percent from 10 percent, turning up the pressure on Beijing in a trade war between the world's two biggest economies.

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  • The Total Cost of Trump's New Tariffs
The Total Cost of Trump's New Tariffs

USA and European Union trade discussions will include agriculture. Spreading a buyout across all industries affected by the ongoing trade war would cost taxpayers $39 billion, according to a U.S. Technical staff from the U.S. Department of Agriculture and the Office of the U.S. Trade Representative have been working with Argentina's Ministry on t...

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  • China unveils additional retaliatory tariffs on $60bn of U.S. goods
China unveils additional retaliatory tariffs on $60bn of U.S. goods

China has once again threatened to slap retaliatory tariffs against the United States in response to the Trump administration's trade policies, this time targeting $60 billion in US imports with tariffs ranging from 5 percent to as high as 25 percent.

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  • Pastor row: U.S. and Turkey hold 'constructive' talks
Pastor row: U.S. and Turkey hold 'constructive' talks

Before the meeting, Pompeo told reporters that he hoped Turkey would see that the sanctions were "a demonstration that we're very serious". Pompeo also said he would be seeking the release of several local employees of the USA diplomatic missions in Turkey.

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