Asian shares ease from six-month highs on U.S.-China trade angst

Asian stocks retreated from six-month highs on Friday as conflicting signals from China and the United States on progress made in trade talks deflated market hopes of a near term truce to end their damaging tariff war. Press Release Distribution Service

Rare permit for Keystone oil pipeline in spotlight after spills

The massive Keystone pipeline has been transporting oil from Canada to the United States at a higher-than-standard level of pressure since it started operating in 2010, thanks to a special permit granted by U.S. regulators on the condition operator TC Energy Corp would monitor the line closely. Press Release Distribution Service

Volkswagen’s Shanghai EV plant with SAIC has started trial production: VW CEO

Trial production has started at Volkswagen AG’s (VW) and SAIC Motor Corp Ltd’s $2.5 billion electric vehicle (EV) factory in Shanghai, VW’s chief executive said on Friday, the latest development in the race to sell EVs in China. Press Release Distribution Service

Indonesia’s Lion Air finds cracks in two 737 NGs with fewer flights than FAA safety directive

Lion Air has found structural cracks in two Boeing Co 737 NG planes with fewer flights than a U.S. Federal Aviation Administration (FAA) threshold for checks, Indonesia’s aviation safety regulator said on Friday. Press Release Distribution Service

UPS liable for shipping contraband cigarettes in New York, damages reduced: court

A federal appeals court found United Parcel Service Inc liable to New York state and New York City for shipping hundreds of thousands of cartons of untaxed cigarettes, but reduced its payout for damages and unpaid taxes to about $97.6 million from $247 million. Press Release Distribution Service

Democratic lawmakers question FAA decisions on Boeing safety issues

Two Democratic U.S. lawmakers said on Thursday the Federal Aviation Administration overruled agency technical specialists on two Boeing Co safety issues involving the 737 MAX and the 787 Dreamliner jets that they said could be “potentially catastrophic.” Press Release Distribution Service

U.S. Justice Department issues subpoenas to automakers in California emissions probe

The U.S. Justice Department has issued civil subpoenas to four major automakers, demanding that they disclose details on a deal struck with California in July to follow strict vehicle emissions standards, a source briefed on the matter said on Thursday. Press Release Distribution Service

U.S. charges New York company with illegal Chinese equipment sales

Federal prosecutors have filed criminal charges accusing a New York company of exposing the U.S. government and private customers to security risks by illegally importing and selling surveillance and security equipment from China. Press Release Distribution Service

Factbox: Lawsuits over climate change proliferate across the United States

A trial in which Exxon Mobil Corp stands accused of defrauding investors out of up to $1.6 billion by hiding the true cost of climate change regulation is expected to wrap up this week. Press Release Distribution Service

Exxon’s lawyer calls lawsuit a ‘cruel joke’ as climate change fraud trial ends

Lawyers for New York state and Exxon Mobil Corp delivered closing arguments in a closely watched trial accusing the oil company of hiding from investors the true cost of addressing climate change. Press Release Distribution Service

Uber faces costly choices after expert finds it uses Waymo self-driving tech

Uber said it “will likely” have to strike a licensing deal with Waymo or opt for costly changes to its autonomous driving software, after an expert found the ride-hailing giant still used technology from the Alphabet Inc unit. Press Release Distribution Service

China, U.S. agree tariff rollback if phase one trade deal is completed

China and the United States have agreed to roll back tariffs on each others’ goods in a “phase one” trade deal if it is completed, officials from both sides said on Thursday, sparking division among some advisers to President Donald Trump. Press Release Distribution Service

WhatsApp adds shopping catalog feature, courting e-commerce

Facebook Inc on Thursday launched a catalog feature for its WhatsApp messaging app, it said in a blog post, building out the service’s e-commerce tools as it moves slowly toward monetizing the app it bought in 2014 for $19 billion. Press Release Distribution Service

T-Mobile in talks with Sprint on merger, does not rule out lower price

T-Mobile US Chief Executive John Legere on Thursday acknowledged talks are ongoing with Sprint Corp to extend their merger agreement, but he declined to rule out requesting the $26 billion price be reduced. Press Release Distribution Service

SoftBank-backed Banco Inter launches app linking clients to stores

Brazilian mid-sized lender Banco Inter SA on Thursday launched a smartphone app offering clients direct access to more than 60 stores selling products from appliances to sneakers to beauty products. Press Release Distribution Service

Citi, Deutsche get go-ahead to probe regulator witnesses in landmark cartel case

Citigroup Inc and Deutsche Bank AG may cross-examine four antitrust investigators involved in a criminal cartel prosecution against them, an Australian court ruled on Friday, a win for the defence in a closely watched legal battle. Press Release Distribution Service

Trump nominates former Ford executive to be new U.S. energy secretary

The U.S. Department of Energy said on Thursday that President Donald Trump had formally nominated Deputy Energy Secretary Dan Brouillette, a former vice president of Ford Motor Co and Louisiana state energy regulator, to head the department. Press Release Distribution Service

U.S. ‘very, very optimistic’ about reaching a trade deal with China: White House

The United States is “very, very optimistic” about reaching a trade deal with China soon, White House spokeswoman Stephanie Grisham told Fox News Channel in an interview on Thursday. Press Release Distribution Service

Wall Street investors slam Warren’s policies

Some Wall Street investors and Democratic donors sharply criticized progressive firebrand Elizabeth Warren’s policies on issues from taxation to affordable healthcare because they are impractical. Press Release Distribution Service

Juul Labs to stop sales of mint-flavored nicotine pods in U.S

E-cigarette maker Juul Labs Inc will immediately stop selling its mint-flavored nicotine cartridges in the United States, the company said on Thursday, after new signs that the mint variety is increasingly popular among teenagers. Press Release Distribution Service

CBD Companies Failing On Compliance, Disclosure And Product Safety, New Report Finds

Info from LegitScript shows significant gaps in product claims, financials and website practices from some companies. Press Release Distribution Service

CBD Companies Failing On Compliance, Disclosure And Product Safety, New Report Finds

Info from LegitScript shows significant gaps in product claims, financials and website practices from some companies. Press Release Distribution Service

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