| By Derek Caney (@stax920)
The Syrian army backed by the Russian Air Force launched some of the heaviest strikes yet on rebel-held areas of Aleppo, ending any hope of reviving a ceasefire. Some 250,000 people remain trapped in the besieged rebel-held sector of the city. Quote of the day: "Can you hear it? The neighborhood is getting hit right now by missiles. We can hear the planes right now. The planes are not leaving the sky, helicopters, barrel bombs, warplanes." – Mohammad Abu Rajab, a radiologist in Aleppo.
Keith Scott was exhibiting no aggressive, threatening or dangerous behavior when he was killed by police in Charlotte earlier this week, according to a lawyer for Scott's family, who viewed the police video. Charlotte Police Chief Kerr Putney said the video supports the police claim that Scott was carrying a gun and refused to drop it, but he added it does not definitively show Scott pointing a gun at officers. Putney declined to release the video to the public, defying demands of the Scott family. Protests started to subside overnight, after two nights of vandalism, looting and violence between demonstrators and police. 
REUTERS/Mike Blake
Tulsa police officer Betty Shelby was charged with first-degree manslaughter for killing Terence Crutcher, an unarmed black man whose car had broken down. In two police videos, Crutcher was seen with his hands in the airs shortly before he was shot. Shelby told investigators "that she was in fear for her life and thought Crutcher was going to kill her."
Around Wall Street Digits of the day: 3.6 million Saudi Arabia has offered to lower its own oil production if rival Iran agrees to cap its output this year at its current rate of 3.6 million barrels a day. If accepted, it would be a major compromise ahead of OPEC talks in Algeria next week. Oil prices have plummeted over the last year as new production swamped the market. The oversupply was exacerbated by Iran's return to the market after the lifting of economic sanctions stemming from its nuclear weapons program. Oil-producing nations have struggled all year to reach an agreement to freeze production. - Japanese regulators may take antitrust action against Apple over possible violations that may have helped it dominate the nation's smartphone sales. At issue are Apple's supply agreements with Japanese telecom companies. Japan's Fair Trade Commission (FTC) said that NTT Docomo, KDDI Corp and Softbank Group were refusing to sell older surplus iPhone models to third party retailers, thereby hobbling smaller competitors. The phone companies also buy surplus iPhone stock in bulk and sell them at a discount, undercutting Apple rival Samsung, government officials said. Japan is one of Apple's most profitable markets.
- HSBC is seeking to release billions of dollars of capital tied up in the United States without upsetting the country's politicians and regulators. The British bank, which has been in the sights of U.S. regulators over breaching rules over money laundering, has more than $20 billion of capital in the United States earning a slim 1 percent return. The bank's investors are currently missing out on higher profits and more secure dividends as a result of this hefty U.S. balance sheet.
Around the world - Turkish President Tayyip Erdogan accused the United States of supplying more weapons to Kurdish fighters in northern Syria this week, delivering two plane-loads of arms to what Ankara says is a terrorist group. Erdogan's comments are likely to add to tensions between Turkey and Washington over U.S. support for Kurdish YPG forces involved in operations against Islamic State fighters.
- South Korean Foreign Minister Yun Byung-se accused North Korea of "totally ridiculing" the authority of the United Nations through its nuclear and missile tests and said it was time to reconsider whether it was qualified for U.N. membership.
- Three Thai policemen were killed in a bomb and gun attack in the southern province of Yala where Muslim separatists have been waging a simmering insurgency. The attack comes just over a month after a series of bombs in three of Thailand's main tourist towns killed four people and wounded dozens.
Around the country - An image purported to be a scanned copy of Michelle Obama’s passport was leaked online alongside personal emails said to belong to a low-level White House staffer who worked with Hillary Clinton’s presidential campaign.
- A investigation into last month's leak of hacking tools used by the National Security Agency is focusing on a theory that one of its operatives carelessly left them available on a remote computer and Russian hackers found them.
- If it's the end of September, it must be time for budget showdowns and government shutdown threats. Republicans produced a stop-gap funding bill that would keep the government running through Dec. 9. But the bill excludes funding for Flint, Michigan, and other provisions important to Democrats.
Today's reason to live Bruce Springsteen – American Skin Happy 67th, Boss. |
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