Bloomberg Florence weakened to a tropical storm, trudging through the Carolinas at 5 miles per hour as it unloaded pelting rain and floods that killed at least five people. Its implacable advance threatens as much as $20 billion in damage, a toll that likely will unfold through the weekend. “Florence is still grinding its way across North Carolina,” Governor Roy ...

Bloomberg Super Typhoon Mangkhut battered the Philippines with gales and torrential rains, leaving at least three people dead and thousands homeless, triggering landslides and damaging an airport before heading toward China. The most powerful storm of the year ripped into Cagayan province in the northern Philippines with winds of up to 269 kilometres (167 miles) per hour. By US standards ...

Bloomberg Special Counsel Robert Mueller’s team scored a significant victory as President Donald Trump’s former campaign chairman pleaded guilty to conspiring against the US and agreed to cooperate in the investigation into Russian interference in the 2016 election. The former campaign aide, Paul Manafort, admitted to a decade of crimes related to his work as a consultant for pro-Russia politicians ...