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Clinton decries rise of fake news in first speech since loss

Former Secretary of State Hillary Clinton speaks during a ceremony to unveil a portrait of Senate Minority Leader Harry Reid, D-Nev., on Capitol Hill, Thursday, Dec. 8, 2016, in Washington. (AP Photo/Evan Vucci)WASHINGTON (AP) ? Hillary Clinton decried the rise of fake news as an "epidemic" in her first speech since losing the presidential election last month.



FCA says will update rules on crowdfunding

The logo of the new Financial Conduct Authority is seen at the agency's headquarters in the Canary Wharf business district of LondonCrowdfunding platforms that offer loans should be regulated like mortgage lenders to improve safety and transparency for customers, Britain's Financial Conduct Authority said on Friday. The FCA was announcing the results of a public consultation into rules it introduced in 2014. "These include more prescriptive requirements on the content and timing of disclosures by both loan-based and investment-based crowdfunding platforms." The FCA said it will consult next year on additional rules to strengthen "wind-down" plans, additional requirements or restrictions on "cross-platform" investment, and extending mortgage-lending standards to loan-based platforms.



China to halve cash withdrawals in Macau gambling enclave: report

China is reportedly to hakve the cash machine limit for certain cardholders visiting the gambling enclave of MacauChina is to halve the cash machine limit for certain cardholders visiting the gambling enclave of Macau, in its latest effort to curb massive capital outflows caused by the falling yuan, Hong Kong media reported Friday. From Saturday, punters using the UnionPay system -- around half of those visiting the city from the mainland -- will only be able to get 5,000 patacas (around $600) from ATMs every day, the South China Morning Post reported. The news sent casino stocks plunging, with Sands China down 4.93 percent in Hong Kong, Wynn Macau 5.82 percent lower and Galaxy Entertainment also losing 4.25 percent by the midday break.



Officer slayings 'wreaked havoc' on rural Georgia community

ADDS; UPDATE THAT OFFICER SMITH HAS DIED - This undated image provided by Georgia Southwestern State University shows campus police officer Jody Smith. The manhunt for 32-year-old Minquell Lembrick ended a Thursday, Dec. 8, 2016, the day after the alleged gunman killed Americus police Officer Nicholas Smarr. Smarr was killed Wednesday by gunfire at an apartment complex in Americus. Officer Jody Smithwas hospitalized with critical wounds. He died Thursday. (Georgia Southwestern State University via AP)What started as a 911 call reporting a domestic disturbance erupted in violence as two responding officers were struck by deadly gunfire ? leaving a rural Georgia community grieving and on edge as police hunted the attacker.



Right to the end, Trump campaign spent less than Clinton's

President-elect Donald Trump and Vice President-elect Mike Pence react to supporters during a rally, Thursday, Dec. 8, 2016, in Des Moines, Iowa. (AP Photo/Charlie Neibergall)WASHINGTON (AP) ? Donald Trump's campaign spent about $94 million in its final push for the White House, according to new fundraising reports filed Thursday.



Trump picks fast food executive Andrew Puzder for Labor

Trump picks fast food executive Andrew Puzder for LaborPresident-elect Donald Trump plans to add another wealthy business person and elite donor to his Cabinet, saying he would nominate fast-food executive Andrew Puzder as labor secretary. Puzder heads CKE ...



Hong Kong's unpopular leader says will not run again 

Hong Kong Chief Executive Leung Chun-ying will not be running for office againHong Kong's unpopular leader Leung Chun-ying said Friday that he would not run again for office and would step down at the end of his term in July, citing family reasons. Leung said that he was taking the decision out of "responsibility as a father and a husband" and that it was not to do with his performance as leader.



Trump mobilizing Louisiana Republicans in final Senate race

President-elect Donald Trump, right, greets Iowa Gov. Terry Branstad, left, as he welcomes him to the stage during a rally at Hy-Vee Hall, Thursday, Dec. 8, 2016, in Des Moines. Branstad has accepted Trump's offer to become U.S. ambassador to China. (AP Photo/Andrew Harnik)NEW YORK (AP) ? Tending to party politics, President-elect Donald Trump is rallying supporters in Louisiana on Friday ahead of the state's Senate runoff election, aiming to pad the Republican majority he will inherit.



Coal-state Dems threaten gov't shutdown over aid for miners

House Speaker Paul Ryan of Wis. talks with House Minority Leader Nancy Pelosi of Calif. on Capitol Hill in Washington, Thursday, Dec. 8, 2016. A day ahead of a government shutdown deadline, Congress scrambled to wrap-up unfinished business, voting decisively to send President Barack Obama a defense policy bill but facing obstacles on a stopgap spending measure. (AP Photo/Cliff Owen)WASHINGTON (AP) ? Hours to a government shutdown, coal-state Senate Democrats blocked swift action on a stopgap spending bill over benefits for retired miners and pressed President-elect Donald Trump, a self-proclaimed coal champion, to intervene with Republicans.



New coalition will push back on repeal of Obama health law

FILE 0 In this July 20, 2011, file photo, then-Wal-Mart's Executive Vice President of Corporate Affairs and Government Relations Leslie Dach, attends a White House event hosted by first lady Michelle Obama in Washington. Supporters of the 2010 health care law are launching a political coalition to block its repeal, targeting Republican lawmakers whose constituents may now be at risk of losing health insurance. Dach, a former Wal-Mart lobbyist who served in the Obama administration, will lead the coalition. (AP Photo/Manuel Balce Ceneta, File)WASHINGTON (AP) ? Supporters of the 2010 health care law will launch a political coalition Friday to block its repeal. They're targeting Republican lawmakers whose constituents may now be at risk of losing health insurance.