Antipodean Currencies Advance on Price Decisions, Dollar Edges Lower

SINGAPORE, Oct. 3 (Reuters) – The Australian and New Zealand dollars gained on Monday ahead of their respective central banks’ projected rate hikes later in the week as the dollar slipped against a basket of currencies. The Aussie rose 0.19% to $0.64230, away from a 2-1/2 year low of $0.63635 hit last week, while the … Read more

Detroit police shoot mentally ill man, armed with knife, family wants answers

20-year-old man killed by Detroit police had mental health problems, family says The family of 20-year-old Porter Burks wants answers to why cops killed him instead of giving him the help he needs. DETROITT (FOX 2) – A mentally ill man was shot and killed by Detroit police early Sunday morning. Now, the family of … Read more

China’s Xiaomi says it will protect its business interests after India freezes its assets

MUMBAI, Oct. 3 (Reuters) – Chinese smartphone maker Xiaomi Corp (1810.HK) said Sunday it was “disappointed” with an Indian order that froze $682 million of its assets and would continue to protect its interests. An Indian appellate body on Friday confirmed an order in April from India’s federal agency to fight financial crime, the Enforcement … Read more

Police discover 2-year-old shooting victim while responding to crash in Southeast DC

WASHINGTON – D.C. police discovered a two-year-old shooting victim when officers responded to a car accident in Southeast. The Metropolitan Police Department said around 12:24 a.m. Sunday that officers responded to the 2,500 block of Q Street before a crash. Once there, officers found a two-year-old boy in one of the cars with a gunshot … Read more

OPEC+ considers oil cut of more than 1 million barrels per day

Cuts could include Saudi voluntary cuts Biggest cut since pandemic reduction Oil fell on rising Fed rates, weak economy DUBAI, Oct. 2 (Reuters) – OPEC+ will consider an oil production cut of more than one million barrels per day (bpd) next week, OPEC sources said Sunday, in what would be the biggest step yet since … Read more

LA County gas prices near record

The average price of a gallon of regular self-serve gasoline in Los Angeles County moved within three-tenths of a cent of its record Sunday, while Orange County’s average price fell a day after setting a record. The Los Angeles County average price rose for the 30th straight day, rising 1 cent to $6,459, according to … Read more

Exclusive: India’s Reliance Jio launches cheap 4G laptop for $184

NEW DELHI, Oct. 2 (Reuters) – Reliance Jio is launching a budget laptop priced at $184 (15,000 Indian Rupees) with a built-in 4G SIM card, aiming to replicate the success of its low-cost JioPhone in India’s highly price-sensitive market , two sources told Reuters. The Mukesh Ambani-led conglomerate has partnered with global giants Qualcomm (QCOM.O) … Read more

Cyclist killed in hit-and-run South LA

PREVIOUS COVER: Cyclist killed by hit-and-run driver in South LA PREVIOUS COVER: The LAPD offers a $50,000 reward for information. THE ANGELS – A man on a bicycle who died in a crash accident in the Los Angeles area has been publicly identified on Saturday. James Ledford was 72 years old, according to the coroner’s … Read more