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Final tweaks in North American trade deal keep lid on e-commerce

MEXICO CITY (Reuters) - Last-minute changes to a new North American trade deal sank U.S. hopes of making Canada and Mexico allow higher-value shipments to the countries by online retailers, such as Amazon.com, a top Mexican official said on Friday. FILE PHOTO: Mexico's Foreign Minister Luis Videgaray, Canada's Foreign Minister Chrystia Freeland and Mexico's Economy Minister Ildefonso Guajardo pose for a picture after delivering a joint message in Mexico City, Mexico July 25, 2018. REUTERS/Gustavo Graf -/File PhotoThe revised pact was set to double the value of goods that could be imported without customs duties or taxes from the United States through shipping companies to Mexico. But…

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Chicago police officer guilty of murder in 2014 shooting of black teen

CHICAGO (Reuters) - White Chicago police officer Jason Van Dyke was found guilty of second-degree murder on Friday for the 2014 shooting of black teen Laquan McDonald, a case that laid bare tensions between the black community and the police department in the third-largest U.S. city. Van Dyke, 40, was also convicted of 16 counts of aggravated battery, one count for each of the shots fired. McDonald, 17, was armed with a knife. The former officer sat emotionless as the verdict was read. Cook County Circuit Court Judge Vincent Gaughan immediately revoked bail and Van Dyke was escorted out of the courtroom. He faces up to 20…

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Why Is This Happening: Content for Humans About the Content of Humans

This hunch — that maybe genes and genres share more than some etymological roots — resulted in a number of strange and illuminating projects, mostly for demonstration purposes, including one that created playlists of songs that are unusually popular in a given country relative to the rest of the world, called “The Sounds of Places.” There is no sign of this in the Spotify and Ancestry collaboration, either. (Although, to be fair, as part of the promotion, Ancestry does ask users to “Connect to Spotify to explore the diversity in your listening history and discover music from around the world.” This will give you a list of your…

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Exclusive: U.S. Commerce’s Ross eyes anti-China ‘poison pill’ for new trade deals

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross signaled on Friday that Washington may flex its muscle with additional trading partners in order to exert pressure on China to open its markets, saying that a “poison pill” provision in the recently completed pact with Canada and Mexico could be replicated. U.S. Secretary of Commerce Wilbur Ross poses in his office during an interview with Reuters at the U.S. Department of Commerce building in Washington, U.S., October 5, 2018. REUTERS/Mary F. CalvertRoss said in an interview that the provision was “another move to try to close loopholes” in trade deals that have served to “legitimize” China’s trade, intellectual…

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Court rules for California over Trump in sanctuary city case

(Reuters) - A U.S. judge on Friday blocked the Trump Administration from placing conditions on public safety grants to further its crackdown on illegal immigration, and he ordered the grant money to be released to California “sanctuary cities.” However, while Judge William Orrick in San Francisco found that the conditions placed last year on public safety grants by U.S. Attorney General Jeff Sessions were unconstitutional, he stayed a nationwide injunction pending appeal. The U.S. Department of Justice declined to comment. The grant conditions required recipients to provide Immigration and Customs Enforcement agents access to jails and prisons, provide notice when detainees were being released and certify that…

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Backing from senators puts Kavanaugh on track for U.S. Supreme Court

WASHINGTON (Reuters) - President Donald Trump’s nominee, Brett Kavanaugh, looked headed for a lifetime job on the U.S. Supreme Court on Friday after two crucial senators said that sexual misconduct accusations against the judge would not prevent them from voting to confirm him. If Kavanaugh is approved in a final Senate vote, likely on Saturday, Trump will have achieved a victory in his drive to consolidate conservative dominance of the nation’s highest court and move the American judiciary rightward. Two key senators, Republican Susan Collins and Democrat Joe Manchin, both seen as swing votes, said they would support Kavanaugh, after weeks of debate about sexual violence and…

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Wall Street falls as solid jobs report boosts bond yields

(Reuters) - U.S. stocks dropped for a second straight day on Friday, weighed down by another rise in Treasury yields in the wake of a solid jobs report that capped off a week of robust data. The losses were led by heavyweight stocks in the technology and communication services sectors including all members of the so-called FAANG group – Facebook (FB.O), Amazon (AMZN.O), Apple (AAPL.O), Netflix (NFLX.O) and Alphabet (GOOGL.O). Online retailer Amazon, part of the consumer discretionary sector, lost 1 percent. Nonfarm payrolls increased less than expected in September, likely due to the effect of Hurricane Florence, though data for July and August was revised higher,…

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Greenlight comment adds to Tesla losses from Musk mocking SEC

(Reuters) - Shares of Tesla Inc (TSLA.O) fell 7 percent on Friday, as David Einhorn’s hedge fund Greenlight Capital slammed the electric carmaker the day after Tesla CEO Elon Musk mocked the U.S. Securities and Exchange Commission on Twitter. The sell-off started in morning trading the day after Musk stirred nerves about a settlement of his securities fraud lawsuit by calling the SEC the “Shortseller Enrichment Commission” on Twitter. His tweet came hours after a federal judge ordered him and the regulator to justify their settlement. “Just want to (sic) that the Shortseller Enrichment Commission is doing incredible work,” Musk, a frequent critic of investors betting against…

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Factbox: Trials of U.S. police officers charged with killing black men

(Reuters) - A Chicago jury on Friday found a white police officer guilty of second-degree murder in the 2014 shooting of a black teenager, making him the first law enforcement officer in decades to be convicted of murder while on duty in the third-largest U.S. city. Jason Van Dyke was the latest in a series of police officers to face criminal charges in recent years after killing African-American men under questionable circumstances, fueling a national dialogue over police use of deadly force against minority groups. Here are some of the cases that have come to trial: * Officer Betty Shelby shot dead black motorist Terence Crutcher, 40,…

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Stocks fall globally after U.S. jobs data, Treasury yields rise again

NEW YORK (Reuters) - Major world stock markets sank for a second straight day on Friday after strong U.S. jobs numbers signaled a continued tightening of the labor market and increased inflation pressures, while Treasury yields rose again to multi-year highs. The increase in U.S. non-farm payrolls slowed in September, likely from Hurricane Florence’s impact on restaurant and retail payrolls, but the Labor Department report also showed a rise in wages that could keep the Federal Reserve on track for more interest rate hikes. “The jobs report has become a inflation report,” said Russell Price, senior economist at Ameriprise Financial Services Inc in Troy, Michigan. The Dow…

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