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Boeing rocket for NASA over budget, could further delay launch: audit

ORLANDO, Fla. (Reuters) - Boeing Co is building the largest rocket in NASA’s history but the aerospace giant’s “poor performance” has resulted in an $8.9 billion price tag that is double the initial budget and could further delay the launch, the U.S. space agency’s watchdog office said on Wednesday. FILE PHOTO: An aide assembles a model of NASA's Space Launch System rocket as the stage is set for U.S. President Donald Trump to deliver remarks at a meeting of the National Space Council at the White House in Washington, U.S. June 18, 2018. REUTERS/Jonathan Ernst/File PhotoThe first test launch of the Space Launch System rocket, which is…

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Global stocks slide to three-month low on tech stocks plunge, rising U.S. interest rates

NEW YORK (Reuters) - Stocks on major world markets slid to a three-month low on Wednesday, with the benchmark S&P500 stock index falling more than 3.0 percent, its biggest one-day fall since February. Technology shares tumbled on fears of slowing demand, while bond yields ended lower after seeing multi-year highs earlier this week. Major equity indexes in Europe fell more than 1.0 percent, also pulled down by technology shares, and gold prices inched up as some investors sought refuge in the metal. “The S&P 500 is looking very weak and negative and that is putting fear into investors,” said Michael Matousek, head trader at U.S. Global Investors.…

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Ex-U.S. energy head Moniz halts Saudi work over journalist’s disappearance

WASHINGTON (Reuters) - Former U.S. Energy Secretary Ernest Moniz said on Wednesday he has suspended his role on the board of Saudi Arabia’s planned mega city NEOM until more is known about the journalist Jamal Khashoggi, who disappeared on Oct. 2 after visiting a Saudi consulate in Turkey. FILE PHOTO: Former U.S. Secretary of Energy Ernest Moniz in Vienna, Austria September 26, 2016. REUTERS/Heinz-Peter Bader/File PhotoU.S. President Donald Trump increased pressure on Saudi Arabia to provide information on what happened to Saudi journalist Khashoggi saying he wanted to get to the bottom of the matter. Khashoggi, a legal resident of the United States, is a Washington Post…

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Hurricane Michael batters Florida Panhandle with 155 mph winds

TALLAHASSEE, Fla. (Reuters) - Extremely powerful Hurricane Michael crashed into the Florida’s northwestern Panhandle coast on Wednesday, flooding towns and ripping up trees with 155 mile per hour(249 kph) winds and the potential for a devastating storm surge. Michael, which had caught many by surprise with its rapid intensification as it churned north over the Gulf of Mexico, was the most powerful storm ever recorded to hit the Panhandle, and it strengthened even as it approached land. It made landfall northwest of the town of Mexico Beach early on Wednesday afternoon as a Category 4 hurricane on the five-step Saffir-Simpson scale, just shy of an extremely rare…

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Apple Watch, hired jet, mystery vehicle figure in search for missing Saudi dissident

ISTANBUL (Reuters) - Jamal Khashoggi believed he was safe in Turkey. Khashoggi, a veteran Saudi journalist and newspaper editor, had lived in exile in Washington for more than a year, writing a column for the Washington Post in which he regularly criticized his country’s crackdown on dissent, its war in Yemen and sanctions imposed on Qatar. He said he could write freely in the United States in a way that was impossible at home, according to friends and colleagues, but he was increasingly worried that Riyadh could hurt him or his family. In Turkey, though, Khashoggi had friends in high places, including some of President Tayyip Erdogan’s…

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Trump appointees hold keys in Supreme Court immigration case

WASHINGTON (Reuters) - The outcome of the latest immigration case involving President Donald’s Trump administration to come before the U.S. Supreme Court could hinge on his two appointees, conservative Justices Neil Gorsuch and Brett Kavanaugh. FILE PHOTO: A police officer walks by columns on first day with newly sworn in Associate Justice Brett Kavanaugh on the court at the Supreme Court in Washington, U.S., October 9, 2018. REUTERS/Joshua Roberts/File PhotoThe nine justices on Wednesday heard the administration argue for sweeping government authority to detain immigrants awaiting deportation after they complete sentences for criminal convictions, even years after leaving prison. The administration, which has taken a hard line…

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Trump says he talked to Saudis at highest levels about missing journalist

WASHINGTON (Reuters) - President Donald Trump said on Wednesday he has talked to officials in Saudi Arabia at the highest levels about the disappearance of Saudi journalist Jamal Khashoggi and wants the United States to get to the bottom of the matter. Khashoggi, 59, disappeared a week ago and was last seen entering the Saudi consulate in Istanbul where he went to pick up a document he needed for his planned marriage. Saudi officials have said that he left the consulate but his Turkish fiancée, Hatice Cengiz, who was waiting outside, said he never appeared. Turkish sources have said they believe Khashoggi, a prominent critic of Saudi…

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U.S. raises pressure on Saudi Arabia over missing journalist

WASHINGTON/ISTANBUL (Reuters) - U.S. President Donald Trump increased pressure on Saudi Arabia on Wednesday to provide information on what happened to missing Saudi journalist Jamal Khashoggi and said he wanted to get the bottom of what he called “a very serious situation.” In a fresh clue, a pro-government Turkish daily on Wednesday published preliminary evidence from investigators it said identified a 15-member Saudi intelligence team involved in Khashoggi’s unexplained disappearance on Oct. 2. Pressure appeared to be building worldwide on close U.S. ally Saudi Arabia on the whereabouts of Khashoggi, a prominent critic of Saudi policies, who was last seen entering the Saudi consulate in Istanbul to…

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Michael intensifies, makes landfall near Mexico Beach, Florida: NHC

(Reuters) - Hurricane Michael has intensified as it makes landfall near Mexico Beach, Florida, bringing life-threatening storm surge, hurricane force winds and heavy rainfall over the Florida Panhandle, the U.S. National Hurricane Center (NHC) said on Wednesday. Michael, a Category 4 hurricane, is located about 20 miles (30 kilometers) southeast of Panama City, Florida packing maximum sustained winds of 155 miles per hour (250 km/h), the Miami-based weather forecaster said. “Hurricane Michael is forecast to become a post-tropical cyclone on Friday and strengthening is forecast as the system moves over the western Atlantic,” the NHC said. Reporting by Karen Rodrigues and Arijit Bose in BengaluruOur Standards:The Thomson…

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U.S. officials ask Saudi crown prince about missing journalist: White House

WASHINGTON (Reuters) - Two White House officials and Secretary of State Mike Pompeo spoke with Saudi Arabian Crown Prince Mohammed Bin Salman to request information about missing journalist Jamal Khashoggi, the White House said on Wednesday. National security adviser John Bolton and White House aide Jared Kushner, President Donald Trump’s son-in-law, spoke to the crown prince on Tuesday. “Secretary of State Mike Pompeo then had a follow up call with the Crown Prince to reiterate the United States request for information,” White House press secretary Sarah Sanders said in a statement. Reporting by Steve Holland; Writing by Doina Chiacu; Editing by David AlexanderOur Standards:The Thomson Reuters Trust…

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