Friday, December 13, 2019

 


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SAN FRANCISCO (AP) — California Gov. Gavin Newsom has rejected a $13.5 billion settlement that Pacific Gas and Electric struck just last week with thousands of people who lost homes, businesses and family members in a series of devastating fires that drove the nation's largest utility into ban  (full story)
PCG: 11.24 (-0.48)
LOS ANGELES — California regulators mounted dozens of raids against illegal marijuana retailers in Los Angeles this week, the largest crackdown to date against the city's thriving black market, officials announced Friday.  (full story)
 
WASHINGTON (AP) — The Hall Rutherford wine caves in the hills of California's Napa Valley boast a chandelier with 1,500 Swarovski crystals, an onyx banquet table to reflect its luminescence and bottles of cabernet sauvignon that sell for as much as $900.  (full story)
 
BOISE, Idaho (AP) — Documents show the U.S. Forest Service allowing a Canadian company to write a key environmental report on its proposed open-pit gold mines in central Idaho after the Trump administration became involved.  (full story)
 
WASHINGTON (AP) — The Supreme Court said Friday it will hear President Donald Trump's pleas to keep his tax, bank and financial records private, a major confrontation between the president and Congress that also could affect the 2020 presidential campaign.  (full story)
 
TRENTON, N.J. (AP) — U.S. regulators on Friday approved expanded use of a fish oil-based drug for preventing serious heart complications in high-risk patients already taking cholesterol-lowering pills.  (full story)
 
WASHINGTON (AP) — All seven Democratic presidential candidates who qualified for next week's debate threatened on Friday to skip the event if an ongoing labor dispute forces them to cross picket lines on the campus hosting it.  (full story)
 
WASHINGTON (AP) — The limited trade deal that the Trump administration and Beijing announced Friday means Americans will avoid a holiday tax increase on imported toys, clothing and smartphones. U.S. farmers can sell more soybeans and pork to China. And American companies should face less press  (full story)
 
Wall Street closed out a listless day Friday with tiny gains and more record highs for the S&P 500 and Nasdaq.  (full story)
M: 15.18 (-0.53)
SAN FRANCISCO (AP) — Facebook's stock dropped almost 3% in regular trading after news reports suggested that the FTC may take antitrust action to prevent Facebook from integrating its disparate messaging apps.  (full story)
 
WASHINGTON (AP) — U.S. health regulators approved a second drug for a debilitating form of muscular dystrophy, a surprise decision after the medication was rejected for safety concerns just four months ago.  (full story)
 
KAPURTHALA, India (AP) — Reports rolled in with escalating urgency — pills seized by the truckload, pills swallowed by schoolchildren, pills in the pockets of dead terrorists.  (full story)
 
LONDON (AP) — Prime Minister Boris Johnson pledged Friday to heal Britain's divisions over Brexit after his gamble on early elections rewarded him with a commanding majority in Parliament and a new mandate to take his country out of the European Union at the end of January.  (full story)
 
MADRID (AP) — Officials from almost 200 countries hunkered down for another night of talks late Friday as a U.N. climate meeting in Madrid went into overtime without agreement on key issues.  (full story)
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