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2014-08-20 06:16:55 from Yahoo News - Top Stories
China fines 12 Japanese firms in auto price probe:
BEIJING (AP) — China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry.

2014-08-20 06:15:00 from Yahoo News - Top Stories
Anna Nicole Smith's estate loses bid for millions:

FILE - In this Feb. 28, 2006, file photo, Anna Nicole Smith, leaves the U.S. Supreme Court in Washington, D.C. Smith's final bid to obtain her late husband's money has failed, seven years after her death. A federal judge in Santa Ana, Calif., on Monday, Aug. 18, 2014, rejected a bid by Smith's estate to obtain about $44 million from the estate of J. Howard Marshall II, her late Texas billionaire husband. (AP Photo/Manuel Balce Ceneta, File)SANTA ANA, Calif. (AP) — The estate of Anna Nicole Smith has failed in its final bid to obtain her late husband's money, seven years after the death of the Playboy model and reality TV star.

2014-08-20 06:14:06 from Yahoo News - Top Stories
Cardinals beat Reds on bases-loaded HBP in 9th:

St. Louis Cardinals' Matt Holliday swings for a RBI single during the third inning of a baseball game against the Cincinnati Reds, Tuesday, Aug. 19, 2014, in St. Louis. (AP Photo/Scott Kane)ST. LOUIS (AP) — Jon Jay was hit by a pitch from J.J. Hoover with the base-loaded in the ninth inning, lifting the St. Louis Cardinals to a 5-4 win over the Cincinnati Reds on Tuesday night.

2014-08-20 05:56:32 from Yahoo News - Top Stories
At least 18 dead as Japan landslide buries homes:

Aerial view shows the damage caused by a landslide after heavy rains hit the city of Hiroshima, western Japan, on August 20, 2014At least 18 people were killed and another 13 were still missing after a huge landslide engulfed homes in western Japan, the government said Wednesday. Dozens of houses were buried when a wall of mud thundered down a hillside in Hiroshima overnight, television pictures showed, as rescuers scoured the scene for any signs of life. "According to the National Police Department, the death toll has reached 18 while 13 others are unaccounted for," an official at the disaster management office of the Cabinet Office said. The number of dead rose rapidly from an initial toll of four, although emergency services said it was too early to tell exactly how many people had lost their lives.

2014-08-20 05:54:19 from Yahoo News - Top Stories
Indicted Texas Governor Perry has fingerprints, mug shot taken:

Texas Governor Rick Perry and his attorneys Tony Buzbee and David Botsford are seen in the booking area at the Travis County courthouse in Austin, TexasBy Jon Herskovitz AUSTIN Texas (Reuters) - Texas Governor Rick Perry, a possible Republican presidential candidate in the 2016 race, was fingerprinted and had his mug shot taken by judicial authorities on Tuesday after being indicted last week on two felony charges of abusing power. This indictment is fundamentally a political act that seeks to achieve at the courthouse what could not be achieved at the ballot box," Perry said after finishing the 15-minute processing at the Travis County criminal justice center, a short walk away from the governor's mansion. The indictment has cast a shadow over a presidential run for Perry, who has ranked near the bottom of possible Republican candidates. Perry was indicted on Friday by a grand jury in Travis County, a Democratic stronghold in the heavily Republican state, over his veto of funding for a state ethics watchdog that has investigated prominent Texas Republicans.

2014-08-20 05:45:58 from Yahoo News - Top Stories
BHP shares slump in Australia after demerger plans:

BHP Billiton's shares have tumbled in Australia as investors showed their disappointment with the lack of a share buyback and concerns over the global mining giant's demerger plans, analysts sayBHP Billiton's shares tumbled in Australia Wednesday as investors showed their disappointment with the lack of a share buyback and concerns over the global mining giant's demerger plans, analysts said. The stock slumped around four percent in morning trade, with the sell-off following a similar scenario in London, where the firm is also listed. The Anglo-Australian resource major also failed to announce the US$3.0 billion share buyback that some analysts had been expecting. Combined, the news sent the stock down 4.08 percent to Aus$38.06 around mid-day on the Australian stock exchange.

2014-08-20 05:39:39 from Yahoo News - Top Stories
US officials: Video shows American's beheading:

In this Friday, May 27, 2011, file photo, journalist James Foley responds to questions during an interview with The Associated Press, in Boston. A video by Islamic State militants that purports to show the killing of Foley by the militant group was released Tuesday, Aug. 19, 2014. Foley, from Rochester, N.H., went missing in 2012 in northern Syria while on assignment for Agence France-Press and the Boston-based media company GlobalPost. (AP Photo/Steven Senne, File)WASHINGTON (AP) — A grisly video released Tuesday shows Islamic State militants beheading American journalist James Foley, U.S. officials said, in what the extremists called retribution for recent U.S. airstrikes in Iraq. The militants threatened to kill another captive they also identified as an American journalist.

2014-08-20 05:37:50 from Yahoo News - Top Stories
China says will punish all firms that violate laws:
Companies operating in China will be punished if they violate laws, regardless of whether they are domestic or foreign firms, a senior official at the country's economic planner said on Wednesday. Li Pumin, secretary general of the National Development and Reform Commission, made the comments shortly after the commission said it had fined 12 auto part makers, including foreign firms, 1.23 billion yuan ($200 million) for manipulating prices. “China is a country ruled by law, everyone should be equal before the law. So, it's no matter whether they are domestic or foreign-funded firms, they will receive a punishment as long as they violate laws," Li told a conference.

2014-08-20 05:37:50 from Yahoo News - Top Stories
China fines 12 Japanese firms $201 million for price-fixing:

Mitsubishi Motors Corp's the i-MiEV electric vehicles are reflected on an external wall in TokyoChina's anti-monopoly regulator said on Wednesday it has ordered 12 Japanese auto part and bearings makers to pay fines totaling 1.24 billion yuan ($201.80 million) for manipulating prices. Sumitomo Electric Industries Ltd, Denso Corp and Mitsubishi Electric Corp are among the autoparts makers that were fined after the National Development Reform Commission (NDRC) found they had colluded to reduce competition and establish favorable pricing on their products. The price-fixing agreements were in violation of China's anti-monopoly law and "improperly affected the pricing for auto parts, entire vehicles and bearings," the NDRC said in a statement on its website. NSK Ltd, NTN Corp, and Jtekt Corp were among the four bearings companies fined by the regulator.

2014-08-20 05:36:47 from Yahoo News - Top Stories
Israeli strike killed Gaza commander's wife and child: Hamas:

Palestinian rescues try to dig out an injured man blocked under rubble following an Israeli air strike on a house in Gaza City on August 19, 2014Hamas said Wednesday that an Israeli air strike killed the wife and child of its Gaza military chief, as a temporary ceasefire went up in smoke and Cairo truce talks froze. "The wife of the great leader was martyred with his daughter," in a strike Tuesday night, Hamas's exiled deputy leader Mussa Abu Marzuk wrote on Facebook while saying nothing about the fate of Ezzedine al-Qassam Brigades commander Mohammed Deif himself. The Israeli military said it hit "more than 25 targets" in Gaza Tuesday but would not elaborate.

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