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Iranian oil tanker pursued by US says it is going to TurkeyAn Iranian-flagged oil tanker pursued by the U.S. amid heightened tensions between Tehran and Washington changed its listed destination to a port in Turkey after Greece said it wouldn't risk its relations with America by aiding it. The crew of the oil tanker Adrian Darya 1, formerly known as the Grace 1, on Saturday updated its listed destination in its Automatic Identification System to Mersin, Turkey, a port city in the country's south and home to an oil terminal.


8/24/2019 10:21:33 PM

The Overstock CEO Resigned Claiming 'Deep State' Conspiracy and a Relationship With a Russian Spy. Here's What to KnowPatrick Byrne issued a bizarre statement through Overstock criticizing the FBI, referring to a “deep state” conspiracy. Here's what to know about the incident.


8/23/2019 3:27:33 PM

Jeffrey Epstein: 15 prison guards subpoenaed after two accused of sleeping on the jobThe warden and the head of the US Bureau of Prisons have been reassigned. Two employees accused of sleeping on the job and falsifying records have been placed on administrative leave.Now, roughly 15 employees at the Metropolitan Correctional Centre where Jeffrey Epstein killed himself in his jail cell have been subpoenaed as the criminal investigation into the events around his suicide intensifies, according to a prison official and a person with knowledge of the matter.


8/23/2019 1:40:14 PM

Joe Biden asks audience to imagine Barack Obama's assassinationRaw video: Speaking to supporters in New Hampshire, Democratic presidential frontrunner Joe Biden recalls the political turmoil of 1968.


8/23/2019 6:45:50 PM

Retailers Dealt Another Blow as Trump Steps Up China Tariffs(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. For American retailers, what Trump giveth, Trump taketh away.President Donald Trump’s administration, which said just 10 days ago it would delay until December some of its new tariffs on Chinese goods, has hit the retail sector with a new blow: The new levies will be raised to 15% from 10% as retaliation after China threatened to impose additional tariffs on $75 billion of American goods.He also said that the $250 billion of goods and products already being taxed at 25% will see that rate hiked to 30% starting on Oct. 1. Trump had warned earlier in the day that he was planning to escalate the trade war with China, firing off on Twitter a new demand that U.S. companies seek alternatives to producing goods in China. Some large retailers had said they’ll be able to pull levers to keep from passing on the costs to consumers at the 10% tariff rate, but a 15% hike makes that harder to pull off.The National Retail Federation, a retail trade association, weighed in on the escalating trade war Friday, ahead of Trump’s tweets laying out the specifics.“There are no winners in a trade war, and right now, both sides are losing,” said Jonathan Gold, vice president of supply chain and customs policy at the group. “American businesses and consumers continue to be caught in the crosshairs.”Home Depot Inc., Lowe’s Cos., Mattel Inc. Hasbro Inc., Walmart Inc., Target Corp., Best Buy Co., Macy’s Inc., Kohl’s Corp., J.C. Penney Co. and the Toy Association didn’t immediately respond to email requests for comment.David French, senior vice president of government relations for the NRF, said it’s “impossible” for businesses to plan for the future in the current climate.“The administration’s approach clearly isn’t working, and the answer isn’t more taxes on American businesses and consumers,” he said. “Where does this end?”Before May, the average U.S. consumer had largely escaped direct impact from U.S. tariffs on Chinese imports, with the previous rounds focusing more on agricultural items like fish and produce as the Trump administration tried to avoid the backlash that taxing consumer goods might bring. But consumer items like handbags were added to the list in the spring, with the upcoming rounds expected to hit everything from footwear to electronics.“We urge both governments to cease all punitive tariffs and return to the negotiating table,” Rick Helfenbein, president and chief executive officer of the American Apparel & Footwear Association, said in an emailed statement after China’s $75 billion round was first announced. “It is time that we end this senseless game of tariff ping-pong, before undue harm comes to our economies and our consumers.”After Trump announced plans to increase the levies further, Helfenbein decried the “tit-for-tat tariff hikes.”“Two and a half years we have been promised a new and innovative approach, yet what we’ve been given is a 1930s trade strategy that will be a disaster for American consumers, American businesses and the American economy,” Helfenbein said.“The president has said he wants American businesses to stop working in China, yet he doesn’t seem to understand that moving a supply chain is incredibly complicated and expensive. It takes years to build relationships that meet compliance standards and deliver quality products, yet we have been given weeks and in this case days. This is not how you negotiate.”The Consumer Technology Association, a trade group representing more than 2,200 companies and which holds the annual CES, a massive consumer electronics trade show in Las Vegas, was blunt.“These escalating tariffs are the worst economic mistake since the Smoot-Hawley Tariff Act of 1930 -- a decision that catapulted our country into the Great Depression,” CTA president and CEO Gary Shapiro said in a statement. “Enough is enough.”(Updates with CTA statement in final paragraph.)\--With assistance from Matthew Boyle.To contact the reporters on this story: Joe Deaux in New York at jdeaux@bloomberg.net;Jordyn Holman in New York at jholman19@bloomberg.netTo contact the editors responsible for this story: Crayton Harrison at tharrison5@bloomberg.net, Anne Riley Moffat, Ros KrasnyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


8/24/2019 3:23:02 PM

Viral Blue Bell saga continues: Third ice cream licker arrested in TexasD'Adrien Anderson, 24, posted a viral video of himself licking a carton of Blue Bell ice cream at a Walmart in Port Arthur, Texas. He was arrested.


8/23/2019 9:55:57 AM

Hong Kong protesters form human chain 30 years after 'Baltic Way'Thousands of people held hands across Hong Kong late Friday in a dazzling, neon-framed recreation of a pro-democracy "Baltic Way" protest against Soviet rule three decades ago. The city's skyscraper-studded harbourfront as well as several busy shopping districts were lined with peaceful protesters, many wearing surgical masks to hide their identity and holding Hong Kong flags or mobile phones with lights shining. The human chain is the latest creative demonstration in nearly three months of rolling protests which have tipped Hong Kong into an unprecedented political crisis.


8/23/2019 6:23:56 PM

A floating nuclear plant in Russia features a gym, bar, and pool. An expert calls it 'Chernobyl on ice.'Environmental activists worry about the perils of placing nuclear reactors at sea, where they could be vulnerable to climate-related disasters.


8/23/2019 11:49:00 AM

Pope, urging prayers, says Amazon forest vital for our EarthPope Francis said Sunday that the Amazon forest is vital for our Earth and is urging prayers that fires there are quickly controlled. Francis added his voice to the chorus of international concern that the blazes in Brazil will have grave repercussions on the world's environmental health. The pontiff, who is from the neighboring South American nation of Argentina, told the public in St. Peter's Square that "we're all worried" about the vast Amazon fires.


8/25/2019 6:18:11 AM

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