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Tech tumble jams Wall Street into reverse; sharpest fall since June

NEW YORK - Wall Street’s main indexes closed sharply lower on Thursday, marking their deepest one-day declines since June as investors dumped the high-flying technology sector, while economic data highlighted concerns about a long and difficult recovery. The Nasdaq led the pullback with a decline of almost 5% a day after it and the S&P 500 posted record closing highs. The Nasdaq’s biggest drags came from heavyweights Apple Inc ( AAPL.O ), Microsoft Inc ( MSFT.O ), Amazon.com Inc ( AMZN.O ), Tesla Inc ( TSLA.O ) and Nvidia Corp ( NVDA.O ). The S&P tech sector .SPLRCT and the Philadelphia chip index .SOX both fell almost 6% on the day. Markets had soared from March lows, powered by fiscal and monetary support hopes for a swift economic recovery. But some participants said investors had become too optimistic. “Think about the mounting number of risks the market has been shrugging off over the last couple of months here,” said Emily Roland, co-chief investment strategist at John

South Korean doctors expected to end strike as COVID cases surge

SEOUL - South Korean doctors have agreed to end a two-week strike which has hindered efforts to curb a new wave of coronavirus infections, Prime Minister Chung Sye-kyun said on Friday, after overnight talks over the government’s medical reform plans. Some 16,000 intern and resident doctors have been on strike since Aug. 21. Trainee doctors are the backbone of healthcare services in emergency rooms and intensive care units, and volunteer at temporary testing stations. The doctors oppose the reform proposals, which include increasing the number of doctors, building public medical schools, allowing state insurance to cover more oriental medicine, and expanding telemedicine. The government says the initiatives could help better deal with health crises like the coronavirus, but the doctors argued it would only deepen the concentration of physicians in cities without improving poor medical infrastructure and work conditions in rural provinces. Chung said the government, the ruling party

Ireland Baldwin puts her assets on display in a pink bra and a pair of jeans as she takes her beloved Husky for a walk

Ireland Baldwin has been enduring a tranquil quarantine with boyfriend Corey Harper and her army of rescue dogs amid COVID-19.  But the 24-year-old model was spotted beyond the confines of her home on Thursday afternoon as she took her beloved Husky for a walk in Los Angeles. Baldwin put her ample chest on display in a bright pink bralette that matched the rubber band in her hair. Dog mom: Ireland Baldwin was spotted beyond the confines of her home on Thursday afternoon as she took her beloved Husky for a walk in Los Angeles She paired the jaw dropping top with some high-waisted denim jeans. Instead of rocking some trainers or a pair of flip flops, Ireland opted to trek around her neighborhood barefoot.  Her golden hair was neatly slicked back and tied up into a chic top knot.  Natural beauty: Baldwin, 24, put her ample chest on display in a bright pink bralette that matched the rubber band in her hair Ireland, who happens to be the daughter of Alec Baldwin and Kim Basinger, had a rath

Video captures first deadly police shooting under D.C.'s new bodycam law

- Body-worn camera footage released by District of Columbia police on Thursday shows a white officer fatally shoot a young Black man, then leave the suspect for others to attend as he searches for the gun that he says the suspect tossed away. The video, capturing the first deadly Washington, D.C., police shooting since new bodycam rules and other reforms took effect in the District, was made public a day after 18-year-old Deon Kay, whom police described as a known street gang member, was killed. Wednesday’s shooting sparked protests, becoming another flashpoint in a summer of demonstrations over what activists decry as an epidemic of excessive lethal force by police against African-Americans. Word spread through the Southeast neighborhood of the nation’s capital that Kay was unarmed and running away when shot. Releasing video on Thursday from the bodycam of the shooting officer, police said patrol officers had been looking for a man reported to be carrying a gun and recognized the sus

'He represented our community so well': Real Housewives of Potomac's Monique Samuels reveals the impact that late Black Panther star Chadwick Boseman had on her family

Real Housewives of Potomac star Monique Samuels has shared her thoughts on late Black Panther star Chadwick Boseman following his death last week. The reality star, 36, and her family were devoted fans of the actor, even going as far as to name their pet bird T'Challa after Chadwick's Black Panther character. Speaking to Daily Mail Australia, Monique said that the late star's role in the Marvel movie and the way he carried himself in his personal life was an inspiration to the black community. EXCLUSIVE: Real Housewives of Potomac star Monique Samuels has shared her thoughts on late Black Panther star Chadwick Boseman following his death last week 'It was a moment for black America and the world to see a character that we could relate to and look up to, even though it was a movie,' the mother-of-three explained. 'The excitement that my kids had to finally see this successful black superhero,' she continued. 'It was such a big deal and a great movie and

Trump encourages supporters to try to vote twice, sparking uproar

WASHINGTON - President Donald Trump has urged residents in the critical political battleground of North Carolina to try to vote twice in the Nov. 3 election, once by mail and once in person, igniting a furor for appearing to urge a potential act of voter fraud. “Let them send it in and let them go vote,” Trump said in an interview on Wednesday with WECT-TV in Wilmington, North Carolina. “And if the system is as good as they say it is, then obviously they won’t be able to vote” in person. Trump has repeatedly asserted, without evidence, that mail-in voting - expanded by some states because of the coronavirus pandemic - would increase fraud and disrupt the November election, although experts say voter fraud of any kind is extremely rare in the United States. At a rally on Thursday night, Trump repeated his call for voters to go the polls even if they have mailed in their ballot, and he suggested Democrats would try to steal the election by manipulating the mail-in vote. “You have to ma

Asian stocks drop after Wall Street's tech rally stumbles

SINGAPORE/NEW YORK - Asia’s stock markets slipped on Friday, following the steepest Wall Street selloff since June, while safer bonds and the dollar found support as investors sought shelter. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.6%. Japan’s Nikkei dropped 1.3% while markets in Sydney and Seoul fell 2%. The moves are more muted than the 5% plunge on the tech-heavy Nasdaq overnight, or the S&P 500’s 3.5% drop, which traders said was overdue given recent frothy gains. But investors are worried the fall might turn into a deeper rout, with a crucial U.S. payrolls report due later on Friday seen as possible selling trigger if it disappoints. After-hours trade in U.S. tech companies pointed to further pressure and futures dropped, with S&P 500 futures down 0.4% early in Asia and Nasdaq 100 futures down 1.2%. “No single factor sparked the sell-off, rather it seemed to be an accumulation of worries about the rally in the tech sector, overcro

Indiana University sees 'alarming' spike in COVID-19 at frat, sorority houses

- Indiana University at Bloomington on Thursday urged students living in fraternity and sorority houses to move out, citing an “alarming” rate of positive COVID-19 tests that marked the latest outbreak in the U.S. Midwest and at a college campus. The university said on Twitter that positive tests for coronavirus were exceeding 50% in some Greek houses, higher than in dorms, and told fraternity and sorority members to “re-evaluate their current living situation.” “Based on an increasingly alarming rate of positive test results from continued COVID-19 mitigation testing, IU Bloomington and its public health experts believe Greek houses are not safe given the pandemic conditions,” the school tweeted. Indiana University, a campus of some 40,000 students, said it lacked the authority to manage the privately owned houses, but hoped Greek organizations and landlords would work with students to help them make new arrangements. Some students responding on social media accused the school of unf

U.N. experts decry Hong Kong security law in letter to China

GENEVA - U.N. human rights experts have told China a new security law for Hong Kong “infringes on certain fundamental rights” and voiced concerns that it could be used to prosecute political activists in the former British colony. In a rare joint letter made public on Friday, 48 hours after it was sent to the Chinese government, they also said provisions of the new law appear to undermine the independence of Hong Kong’s judges and lawyers, and the right to freedom of expression. The “open letter” reflected a detailed legal analysis of the national security law imposed in Hong Kong on June 30, which had already drawn U.N. criticism before its adoption. The law allows for anything China views as subversive, secessionist, terrorism or collusion with foreign forces to be punished with up to life in prison. Authorities in Beijing and the financial centre have said the law is necessary to ensure Hong Kong’s stability and prosperity. Critics say the legislation further erodes the wide-rangi

Demi Lovato cuts a powerful look in a green patterned suit while back to work on an unknown project

Demi Lovato has been documenting her outfits as she heads back to work on an unknown project.  And the Lonely singer opted for a powerful look in a green floral patterned pant suit.  The 28-yer-old singer kept her latest project under wraps as she flaunted her figure in the outfit in a Thursday Instagram post, after sharing photos there earlier int he week. Boss lady: Demi Lovato opted for a powerful look in a green floral patterned pant suit on Thursday as she went to work on an unknown project  Demi stood in front of work trailers and a tent as she showed off her outfit and oversized hoop earrings and gold chain necklace.  The pantsuit was in a teal color with bright yellow and green floral designs.  While the blazer was tapered the longline cut, the pants were much tighter and tapered to singer's legs.  Underneath the jacket was a bustier style top in a balconette cut, in a matching fabric.   Bright: Demi stood in front of work trailers and a tent as she showed off her outfit an

Biden speaks with Jacob Blake, hears from Kenosha residents

KENOSHA, Wis. - Democratic presidential nominee Joe Biden put himself squarely in the middle of U.S. tumult over racial injustice and police brutality on Thursday, visiting strife-torn Kenosha, Wisconsin, and speaking by phone with the Black man shot there by police. Biden’s made the trip to the city, the site of sometimes violent protests since Jacob Blake was shot in the back several times by a white police officer on Aug. 23, two days after President Donald Trump traveled there. The visits had starkly different tones. Biden met privately with Blake’s family on the grounds of the Milwaukee airport, and the former vice president also spoke with Blake, who is hospitalized, on the phone for about 15 minutes. The Republican president’s visit on Tuesday, in contrast, was intended to convey support for police, and Trump did not meet Blake or his relatives. At the Grace Lutheran Church in Kenosha, a somber Biden listened as local officials, business owners and current and former law enforc

Seven police officers in Rochester, NY suspended over Black man's death

NEW YORK - Seven Rochester, New York police officers were suspended on Thursday over the asphyxiation death of a Black man who they arrested in March in a brutal incident only revealed in videotape footage made public this week. The tape, which was recorded by an officer’s body camera, shows a group of officers putting a mesh hood over Daniel Prude’s head as he kneels naked and restrained on a Rochester street and snow falls around him. The recording was released on Wednesday by members of Prude’s family, who called for the arrest of the officers. Prude, 41, died seven days after the March 23 arrest in Rochester, a city of roughly 200,000 on Lake Ontario. The incident has become another flashpoint in a summer of sometimes violent demonstrations over what activists say is an epidemic of police brutality and racism against African-Americans. Protests broke out on Wednesday in downtown Rochester and on Thursday, some 300 miles to the south, several dozen people demonstrated in Times S

Matty Johns' youngest son Cooper, 21, pulls an epic prank on his father live on radio... leaving the NRL legend gasping for air and 'about to faint'

Footy legend Matty Johns' youngest son Cooper has often been told he bears a striking resemblance to former Newcastle Knights captain, Kurt Gidley. So on Friday, Cooper decided to pull an epic prank on his father live on-air during the Kyle and Jackie O show - leaving the NRL great gasping for air. Like father, like son! Matty Johns' son Cooper pulled an epic prank on his football legend father Matty live on-air during the Kyle and Jackie O show (Matty and Cooper pictured)  'You know we've had this chat before... but heaps of people keep messaging me... they think Kurt Gidley is my dad and it's just starting to rattle me a bit,' Cooper began. Matty responded: 'I've told you at least a dozen times, if you take notice of imbeciles on social media then you're a wood duck yourself.' But Cooper persisted, pointing out his lighter hair and blue eyes, which aren't features he shares with his famous father. Could it be? After years of being told he

Alessandra Ambrosio rocks floral off-the-shoulder sundress as she shops in Brentwood after Maldives vacation

Alessandra Ambrosio was stylish as ever when she was pictured shopping in Brentwood this Thursday. The 39-year-old, who recently returned to Los Angeles after a holiday to the Maldives, modeled a summery floral sundress. Her frilly ensemble slid off the shoulder at one end and was cut high enough to show off her vertiginous supermodel legs.  Legs for days: Alessandra Ambrosio was stylish as ever when she was pictured shopping in Brentwood this Thursday Alessandra was a lady in red as she put her sizzling summer body on display for Instagram this Thursday with a throwback snap to her Maldives excursion. The former Victoria's Secret Angel was pictured posing up a storm in a scarlet string bikini from Gal Florpia, the swimwear line she co-founded. For her latest photo-shoot she got snapped on a tree-lined path at the Waldorf Astoria Maldives Ithaafushi resort. She let her floral wrap slide sultrily down her shoulders and accessorized the ensemble with a pair of sleek sunglasses. Off s