Month: February 2019

California river floods 2,000 buildings in California

GUERNEVILLE, Calif. — Floodwaters that turned two Northern California communities into islands were expected to begin receding Thursday as a rain-engorged river finally peaked after swamping thousands of homes, businesses and other buildings. The Russian River in the wine country north of San Francisco crested at more than […]

Russia, hush money, lies: Takeaways from Cohen’s testimony

WASHINGTON  — Michael Cohen told Congress a lot— and much of it wasn’t good for Donald Trump. In matter-of-fact testimony, the former Trump lawyer drew a troubling picture of his former boss, saying the president lied to the American public on matters big and small. But Cohen stopped short of […]

Powell says Fed likely to end bond trimming by end of 2019

WASHINGTON — Federal Reserve Chairman Jerome Powell said Wednesday that the Fed is close to announcing a plan to end the reduction of the size of its massive bond portfolio, which looks likely by the end of the year. Powell, delivering the Fed’s semiannual monetary report to Congress, […]

FedEx joins Amazon in delivery robot fray

MEMPHIS, Tenn. — FedEx is testing a new self-driving robotic vehicle that could one day compete with Amazon in delivering packages or pizzas to homes. The company unveiled its new SameDay Bot early Wednesday on “The Tonight Show Starring Jimmy Fallon.” FedEx is the latest of several companies, […]

US appeals court clears AT&T’s $81B purchase of Time Warner

WASHINGTON — A federal appeals court on Tuesday cleared AT&T’s takeover of Time Warner, rejecting the Trump administration’s claims that the $81 billion deal will harm consumers and reduce competition in the TV industry. The ruling by the U.S. Court of Appeals in Washington came in the high-stakes […]

Teen video app Musical.ly agrees to FTC fine

The operator of a video-sharing app popular with teenagers agreed to pay $5.7 million to settle federal allegations it illegally collected personal information from children . The Federal Trade Commission said the Wednesday penalty against lip-syncing app Musical.ly, now known as TikTok, is the largest ever obtained in a children’s […]

China drafts rules on biotech after gene-editing scandal

BEIJING  — China has unveiled draft regulations on gene editing and other potentially risky biomedical technologies after a Chinese scientist’s claim of helping to create gene-edited babies roiled the global science community. Under the proposed measures released Tuesday, technology involving gene editing, gene transfer and gene regulation would […]

Weeks after 2030 HIV pledge, report shows US headway stalled

NEW YORK— Three weeks after President Donald Trump announced a campaign to end the U.S. HIV epidemic by 2030, new government data show that progress against the disease stalled recently. After declining for several years, the estimated number of new HIV infections held about steady from 2013 to […]

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