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Rebuilding a struggle after California wine country fires

Santa Rosa was the hardest-hit city after California’s most destructive wildfire, with entire neighborhoods burned to ashes. But as of late August, only nine of nearly 2,700 single-family homes lost here had been rebuilt, according to figures from the city’s permitting office. Read More

China struggles to curb its reliance on U.S. buyers, suppliers

From medical products to smartphone chips to soybeans, Beijing is responding to President Donald Trump’s tariff hikes by pushing companies to trade more with other countries. But there are few substitutes for the United States as an export market and source of technology. Read More

Nissan launches China-focused electric car

Nissan’s first electric sedan designed for China began production today at the start of a wave of dozens of planned lower-cost electrics being created by global automakers for their biggest market. Read More

Musk says investors convinced him Tesla should stay public

The eccentric and sometimes erratic CEO made the decision based on feedback from shareholders, including institutional investors, who said they have internal rules limiting how much they can sink into a private company. Read More

Powell signals more hikes ahead if US economy stays strong

Federal Reserve Chairman Jerome Powell signaled today that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Read More

Prosecutors grant immunity to longtime Trump finance chief

President Donald Trump’s finance chief, a confidant who has worked for the family’s real estate business since the early 1970s, was granted immunity in the federal probe of former Trump lawyer Michael Cohen, two people with knowledge of the situation told The Associated Press on today. Read More

Facebook pulls security app from Apple store over privacy

Facebook has pulled one of its own products from Apple’s app store because it didn’t want to stop tracking what people were doing on their iPhones. Read More

Government acts to stop high-tax states from skirting $10K cap

The Trump administration has laid down rules aimed at preventing residents in high-tax states from avoiding a new cap on widely popular state and local tax deductions. Read More

Google takes on alleged Iranian influence campaign

Google announced this week that it had disabled dozens of YouTube channels and other accounts linked to a state-run Iranian broadcaster for a political influence campaign. Read More

All major Oahu malls close ahead of Lane

Ala Moana Center, Oahu’s largest open-air shopping mall, along with the isle’s other major malls, are closed today due to the impending arrival of Hurricane Lane. Read More

New Mexico utility seeks to join western energy market

New Mexico’s largest electric utility is asking state regulators for approval to join a wholesale trading market that allows participants in several western states to buy and sell energy to better balance supply and demand. Read More

Facebook uncovers new global misinformation operations

Facebook has identified and banned hundreds of accounts, groups and pages engaged in misleading political behavior, a far larger discovery than a “sophisticated” effort it reported three weeks ago with great fanfare. Read More

Hawaiian Airlines to suspend China service due to low demand

Hawaiian Airlines, which expected great promise from China and spent about a decade trying to get the green light to initiate service, has suspended its only route there after about four years due to low demand. Read More

Slack raises $427 million more, at $7.1 Billion valuation

Slack, the 4-year-old workplace messaging company, said today that it had raised $427 million in new funding, just a year after its last huge infusion of money. The latest round values the company at $7.1 billion. Read More

U.S. adds to growing list of sanctions on Russia

The Trump administration added to its growing list of sanctions against Russia on today as U.S. lawmakers urged tighter economic restrictions on Moscow and Britain’s top diplomat accused Russia’s leader of pursuing policies that are making the world more dangerous. Read More

Federal regulators target Facebook on discriminatory housing ads

Federal regulators are alleging that Facebook’s advertising tools allow landlords and real estate brokers to engage in housing discrimination. Read More

Sales director for Backpage.com pleads guilty to conspiracy

The sales and marketing director of Backpage.com pleaded guilty to conspiring to facilitate prostitution in a scheme to give free ads to prostitutes in a bid to draw them away from competitors. Read More

Greek bailout ends, but Europe’s debt problems grind on

Greece officially completes its bailout program on Monday, after eight years of cutbacks enforced in return for massive loans and following an economic collapse on the scale of the Great Depression. Read More

Elon Musk says he’s cracking under stress of Tesla job

What do you do when your CEO confesses that he’s cracking under the stress of his job? Read More

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