|  | | | | | | | | | | | | | U.S. | | Ten of the leading contenders for the Democratic presidential nomination will gather in Las Vegas on Wednesday for an all-day forum on gun violence, tackling an issue that has increasingly become a chief concern for their party’s voters. Democrat Joe Biden would seek to make gun manufacturers more accountable for mass killings and ban assault rifles but would not force owners to sell their existing high-power weapons to the government, under gun control policy his presidential campaign rolled out on Wednesday.
| | | | Harvard University’s undergraduate admissions program does not discriminate against Asian-American applicants a federal judge ruled on Tuesday, rejecting a lawsuit brought by opponents of affirmative action and backed by the Trump administration. Meanwhile, an administrator tied to the U.S. college cheating scandal has agreed to plead guilty to a conspiracy charge and give information to authorities on other people involved in the scheme, according to court papers.
| | | | Male stars of college basketball and football will likely reap the greatest immediate gains from California’s new law allowing student athletes to profit from endorsement deals, but female athletes, and women’s sports generally, could be big winners in the long run. Although relatively few college athletes of either gender ever advance to professional competition, women’s opportunities for going pro are particularly scant compared with men, proponents said.
| | | | | | | | | | | | | Business | | JPMorgan Chase & Co has become so big that some rival banks and analysts say changes to its $2.7 trillion balance sheet were a factor in a spike last month in the U.S. “repo” market, which is crucial to many borrowers. Rates in the $2.2 trillion market for repurchase agreements rose as high as 10% on September 17 as demand for overnight cash from companies, banks and other borrowers exceeded supply.
6 min read | | | | Tesla’s China factory aims to start production this month but it is unclear when it will meet year-end production targets due to uncertainties around orders, labor and suppliers, sources with knowledge of the matter said. The U.S. electric vehicle maker aims to produce at least 1,000 Model 3s a week from the new factory by the end of this year, the centerpiece of its ambitions to boost sales in the world’s biggest auto market.
4 Min Read | | | | Johnson & Johnson said on Tuesday it will pay $20.4 million to settle claims by two Ohio counties, allowing the U.S. healthcare giant to avoid an upcoming federal trial seeking to hold the industry responsible for the nation’s opioid epidemic.
3 min read | | | | The United Auto Workers union said on Tuesday it rejected a new comprehensive offer from General Motors to end a two-week-old strike, saying the automaker came up short on several fronts including wages, healthcare and temporary workers. The union said it made a counterproposal and warned “there are still many important issues that remain unresolved.”
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