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Earthquake in southern China kills 11 people, injures 122A strong earthquake that hit Sichuan province in southern China late Monday night killed 11 people and injured 122, the local government said. The Yibin city government posted the casualty toll on its social media accounts Tuesday morning. Xinhua news agency said rescue efforts were underway in the stricken area.


6/17/2019 6:53:10 PM

Germany, UK warn Iran over uranium plans as EU urges cautionGermany and Britain on Monday warned Tehran not to breach uranium stockpile limits set by the 2015 nuclear deal, as the EU's diplomatic chief dismissed Iranian threats as "political dialectics". Iran set a 10-day countdown on Monday to exceed the 300-kilogram limit set on its enriched uranium stocks, dealing another blow to the crumbling nuclear accord signed by Tehran and six international powers. The EU has battled to save the agreement since US President Donald Trump withdrew and reimposed sanctions, but Iran said it would step back from exceeding the 300-kg limit on June 27 only if "other parties live up to their commitments".


6/17/2019 9:36:10 AM

Daring maneuver brings NASA’s orbiter closer to an asteroid than ever beforeNASA's OSIRIS-REx spacecraft has been orbiting the space rock known as Bennu since the start of the year. It caught up with the asteroid in late December of 2018 and successfully inserted itself into orbit around the object around New Year's day. There have been several "firsts" along the way, but its latest maneuver is the most daring yet, and it allowed the spacecraft to break yet another record.A recent tweak to its orbit has brought the probe to an orbit of just 680 meters, or around 2,230 feet from the asteroid's surface. This is now the closest that any manmade spacecraft has orbited any planetary body.It's a stellar achievement for NASA, but it's worth noting that the previous record was actually already held by the OSIRIS-REx probe. What NASA did was break its own record and set itself even farther ahead from any competition to come in the future.This new orbit, which the research team calls the Orbital B phase, will give scientists a better understanding of the asteroid's surface and hopefully allow NASA to choose a suitable location where the probe can briefly snag a sample of its material.Actually pulling off such a daring maneuver will be incredibly risky, and nobody is quite sure if the spacecraft can make it happen. This is due in large part to the incredibly messy surface of Bennu, which surprised scientists when they got their first close look. The asteroid's surface is littered with debris ranging from tiny pebbles to massive boulders, and the spacecraft's handlers now have to find the safest place on the rock from which to gather a sample.Assuming it pulls off the sample grab, the probe will then leave Bennu and return to Earth with the sample material stowed safely for scientists on Earth to examine.


6/17/2019 9:44:30 AM

Relatives of man killed in Corona Costco shooting seek answers as LAPD launches investigationThe Los Angeles Police Department is launching its own investigation into the deadly shooting involving one of its officers inside a Costco Wholesale store in Corona.


6/17/2019 1:01:19 PM

McConnell on Jon Stewart: 'I don't know why he's all bent out of shape' over 9/11 victims' fundThe Senate majority leader says he can’t understand why the former “Daily Show” host is angry over the handling of health care funding for 9/11 victims.


6/17/2019 9:23:09 AM

As promised, Trump slashes aid to Central America over migrantsU.S. President Donald Trump's administration on Monday cut hundreds of millions of dollars in aid to El Salvador, Guatemala and Honduras, after Trump blasted the three countries because thousands of their citizens had sought asylum at the U.S. border with Mexico. The plan will likely encounter stiff opposition in Congress. Lawmakers, including some of Trump's fellow Republicans as well as Democrats, have chafed against the president's repeated decisions to disregard spending bills passed by Congress, some of which he has signed into law himself.


6/17/2019 12:01:37 PM

Could GM Bring Hummer Back as an Electric SUV Brand?Reports are swirling about the revival of the military-inspired SUVs.


6/18/2019 9:48:00 AM

U.S.-North Korea Summit Proves to Be All Talk, No SeoulMoon Jae-in was a very busy man last week. He spent three days in Northern Europe with a large host of dignitaries and very important people. During that time he engaged in a “hackathon” with the Finlandian president, held talks with the Norwegian prime minister, and attended a state dinner with the king and queen of Sweden. It was an opportunity for the South Korean president to play the statesman and escape the rough-and-tumble politics of Seoul for at least a few days.Moon, however, has a big problem. He has staked his five-year tenure in large part on transforming inter-Korean relations and turning the page on seven decades of animus on the Korean Peninsula. So, he can’t escape the North Korea file for long—even when he is in the Nordic.In fact, Moon delivered two speeches during his three-day trip, which were heavily devoted to his peace project with the North. His June 14 address to the Swedish parliament, in which Moon predicted that the “international society will immediately respond if North Korea puts forth sincere efforts” towards denuclearization, was a public plea to knock some sense into the North Korean elite. By pushing Pyongyang into fulfilling its obligations in the letter and spirit of the three inter-Korean summits last year, Moon was sending a very basic message to North Korean leader Kim Jong-un: we are in this thing together, so help me help you.


6/17/2019 9:48:00 AM

Alibaba Plans Stock Split as It Preps Giant Listing(Bloomberg) -- Alibaba Group Holding Ltd. plans a one-to-eight share split, as the e-commerce giant prepares for a stock sale that could be Hong Kong’s largest since 2010.China’s largest company is proposing to increase the number of ordinary shares eight-fold to 32 billion, it said in a statement. The proposal will be discussed and put to a vote at its annual general meeting in Hong Kong on July 15. If approved, the split should take place no later than July 2020.Alibaba is said to have filed for a listing in Hong Kong last week via a confidential exchange application. That sale of stock, which could raise as much as $20 billion, replenishes the online retailer’s war-chest and helps it attract investors closer to home as tensions between China and the U.S. escalate.In the Hong Kong offering, the company will seek to preserve its governance system, where a partnership of top executives has rights including the ability to nominate a majority of board members, a person familiar with the matter has said. It’s possible also that the company may not need to seek a waiver, as the city’s listing rules allow some Chinese issuers who have already listed on an established international bourse to keep their existing structures in a secondary listing.To contact the reporter on this story: Lulu Yilun Chen in Hong Kong at ychen447@bloomberg.netTo contact the editors responsible for this story: Peter Elstrom at pelstrom@bloomberg.net, Edwin ChanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


6/16/2019 11:28:32 PM

The Latest: Indiana AG's office plans vigorous defenseThe Indiana attorney general's office says it will vigorously defend him against a federal lawsuit by four women who say he drunkenly groped them during a party last year. The lawsuit filed Tuesday alleges sexual harassment by Republican state Attorney General Curtis Hill on a state lawmaker and three legislative staffers in March 2018 at an Indianapolis bar. Hill has denied wrongdoing and rebuffed calls from Republican Gov. Eric Holcomb to resign.


6/18/2019 1:54:10 PM

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