Bloomberg A lawyer for the woman who accuses Supreme Court nominee Brett Kavanaugh of an assault sought another day to agree on conditions for her testimony before the Senate Judiciary Committee in a high-stakes hearing and assailed panel Republicans over “aggressive and artificial deadlines”. Judiciary Chairman Chuck Grassley threatened that his panel would vote on Kavanaugh’s nomination on Monday unless ...

Bloomberg Floodwaters have overwhelmed an ash basin at a Duke Energy Corp. power plant in North Carolina, spilling a byproduct of burning coal into the Cape Fear River. The company said coal ash at the site “remains in place” but that tiny beads called cenospheres are flowing into the river. The hollow beads, left over from burning coal, are comprised ...

Bloomberg Fieldwood Energy, an offshore oil and gas explorer that emerged from bankruptcy in April, is weighing an initial public offering, according to people familiar with the matter. The Houston, Texas-based company is exploring filing a public offering in early 2019 that could value the company at more than $5 billion, said one the people, who asked to not be ...

Bloomberg North Carolina’s solar farms took a beating from Hurricane Florence and many of the power plants remain out of service, a week after the storm slammed into the second-biggest US market. About one-third of the 3,000 megawatts of solar capacity connected to Duke Energy Corp.’s system went down initially, according to Randy Wheeless, a utility spokesman. Almost 600 megawatts ...

Bloomberg The venture capitalists of China are starting to get nervous. Venture investments have driven a boom in technology startups over the past five years, but funding has started to slow in recent months. Now the government is floating new tax policies that could hammer investors, persuading some to pull back on cutting deals until they get more clarity. The ...

Bloomberg Property developers are cutting prices in Hong Kong to lure buyers amid the increasing downside risks in the world’s least-affordable housing market. Vanke Property Overseas Ltd. released 231 units of its new project Le Point in Tuen Mun, with prices as low as HK$9,878 ($1,265) per square foot, the lowest in the primary new-home market in about two years, ...

Bloomberg The contrast between Apple Inc.’s ascension to a $1 trillion stock and the share performance of its biggest iPhone assembler just got even starker. Hon Hai Precision Industry Co. has surrendered its position as Taiwan’s second-biggest stock after six years. Concern is mounting for some Taiwanese Apple suppliers, which are struggling to adjust to a new dynamic of higher-priced ...

Bloomberg President Donald Trump’s trade war with China is turning the global soybean market into a merry-go-round. With Brazilian exports drying up at this time of the year, traders are having to get creative to supply the world’s largest buyer. One strategy is to bring US soy to Argentina and ship the South American nation’s output to China, thereby avoiding ...

Bloomberg South Korean exports are holding up just fine so far as the US-China trade war escalates, with shipments jumping by the most in a year during the first 20 days of September. Exports rose 22 percent from the same period a year earlier, the biggest increase since September last year, according to preliminary data released by Korea Customs Service. ...

Bloomberg Denmark’s financial supervisor plans to hold board members of Danske Bank A/S personally accountable if the lender is again caught misleading authorities. “Their heads are on the block,” Jesper Berg, director general of the Financial Supervisory Authority, said in an interview as his office resumes an investigation into Denmark’s biggest bank. Danske has admitted that a tiny Estonian unit ...