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National Weather Service confirms tornado struck Atlantic Beach on Long Island

The National Weather Service confirmed a tornado struck Long Island’s Atlantic Beach Thursday evening.  “Radar data, video of the waterspout coming onshore, and damage reports in the vicinity of the Sun and Surf Beach club in Atlantic Beach allow for confirmation of a tornadic touchdown in this area,” the National Weather Service said in a statement Friday…

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New York Times defamed ex-college basketball player Kai Spears, must pay him $9.25 million in damages, jury says

Tuscaloosa, Ala. —  An Alabama jury on Thursday awarded $9.25 million in damages after finding that The New York Times defamed a former college basketball player by incorrectly reporting that he was at the scene of a fatal shooting in Tuscaloosa. Kai Spears, who played for the University of Alabama men’s team, sued the Times…

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Iran looks to boost regional trade ties as U.S. turns from bombs to economic warfare

Iran has finalized a preferential trade agreement with Oman, according to the Islamic Republic’s official Trade Promotion Organization.  The agreement, which Oman has not yet confirmed, still requires approval by Iran’s parliament and other authorities.  The announcement, relayed by Iranian state media, came two days after President Trump heralded a shift in U.S. tactics in…

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Walmart says it is using $2.9 billion in tariff refunds to lower prices for shoppers

Walmart said it is using billions of dollars in tariff revenue to lower prices as the company moves to appeal to consumers experiencing an affordability pinch due to higher inflation. The Arkansas-based retailer, which reported its earnings on Thursday, has received “substantially all” of the $2.9 billion in tariff refunds it was eligible for, executive…

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