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(CNN) -- As the global economy shudders, the Middle East boils and the Amazon rainforest burns, world leaders are convening on France's Atlantic coast for a weekend of talks few believe can solve any of it.President Donald Trump arrived in France on Saturday morning after an overnight flight from Washington, his arrival preceded by more tit-for-tat tariff action that economists -- and most of the other Group of 7 heads -- believe is contributing to a global economic slump.His first stop was a sunny patio for lunch across from his host, French President Emmanuel Macron."So far, so good," Trump said, an optimistic assessment minutes into his three-day visit to France. "The weather is fantastic. Everybody's getting along. I think we will accomplish a lot this weekend."And while Macron made little effort to paper over his differences with Trump -- including on what he called "hot spots" like climate change -- Trump insisted they were getting along, at least most of the time."Once in a while we go at it just a little bit, not very much," he said.Later, he's due to attend a dinner for the leaders Saturday evening at the base of a tall white lighthouse planted atop a rocky cliff overlooking elegant Biarritz, the venue for this year's summit. Formal talks begin Sunday morning.World leaders have plenty to discuss. Festering foreign policy matters like Iran and fresh tensions between India and Pakistan are on the table. The summit's host, French President Emmanuel Macron, says he also wants to address raging wildfires in the Amazon rainforest.Heading into the summit, however, the flagging global economy appeared the most pressing matter. Trump insisted on a special Sunday morning session to discuss it. Other leaders blame his use of tariffs -- on friends and foe alike -- for weighing down growth, causing manufacturing to contract and throwing equity markets into turmoil.Indeed, there is scant optimism the G7 confab will yield the kind of solidarity against menacing forces it has produced in the past. Trump has made his disdain for the summit clear, leaving the past two years' G7s in a backwash of acrimony. In conversations with aides over the past weeks, he has questioned why he must attend this year, believing it a particularly unproductive use of his time, according to people familiar with the conversations.The G7 represents the world's major economies, and has long been a regular stop on the US President's calendar. The membership includes the United States, Germany, France, Japan, Italy, Canada and the United Kingdom. In small group sessions, with only the leaders and few aides present, the world's major economic and geopolitical problems are discussed at length.Before he departed, Trump insisted he was looking forward to meeting with friends -- though acknowledged he wasn't exactly on chummy terms with every one of the leaders he'll encounter this weekend."I think it will be very productive seeing the leaders, who are friends of mine for the most part," he said on a darkened South Lawn as he was leaving the White House. "I wouldn't say 100% of the cases, but for the most part."He continued to insist on the strength of the US economy, despite warning signs of an impending recession."I think we are doing very well. Our economy is doing great," he said. "We are having a little spat with China and we'll win it."Each day, however, it becomes clear the "spat" is more than little. Before leaving Washington, Trump announced an increase in tariffs on Chinese imports in retaliation for new Chinese duties. There are few signs either side will relent, even as they pursue a larger trade agreement.Trump hopes to use the Sunday morning session to boast of his success in boosting the US economy, particularly compared to other countries where signs of weakness are emerging."I would anticipate President Trump will be speaking quite frankly about the policies he's seen work in his own economy and really wanting to work with other countries in the G7 to figure out how we can jump-start growth in economies all around to ensure that there are markets and opportunities for all of our workers and people," an administration official said of the President's goal in calling for the economic talks.After past summits, Trump was irked at lengthy discussions about the environment and oceans, people familiar with his reaction said, and felt he wasn't given enough room to tout his achievements as president.To help make his attendance this week more palatable, aides lobbied to add the Sunday morning economic meeting as a venue for him to brag about the US economy to leaders of nations where growth is slowing.The notion of the American President convening a session simply to flaunt the relative strength of the US economy -- and taking credit for it -- isn't likely to sit well with other leaders, particularly since many of them blame his trade tactics for a slump in global growth. And European officials signaled it was unlikely Trump would go unchallenged during the meeting, with other leaders likely to raise concern that his use of tariffs is causing serious harm to the global economy.That's unlikely to move Trump. Already, he's threatened new tariffs on French wine in response to what he's said are foolish attempts to tax American tech companies like Facebook and Google.And French organizers have set low expectations for a concluding show of unity. Macron has said the notion of producing a joint communiqué at the end is "pointless."Trump, meanwhile, is preparing more intently for the several individual meetings he's scheduled with other leaders -- including a new ally, British Prime Minister Boris Johnson, who is busy preparing for the UK's exit from the European Union. Trump is also due to meet one-on-one with the leaders of the other G7 nations. 5826

(CNN) -- Costco has built a cult following in the United States — now it's China's turn. The country's first Costco store is so popular that it had to shut down early on its first day because of too many shoppers.The retailer opened its first physical outlet in Shanghai on Tuesday morning, and it quickly got too crowded to stay open."The store has been clogged up with crowds," Costco said in a text message alert to its members in China. "To provide you with better shopping experience, Costco will suspend business in the afternoon. Please don't come."Police were deployed to restore order and manage traffic jams around the store, with law enforcement urging people to remain calm."For your safety, we hope citizens who want to go to Costco can maintain a rational attitude about consumption and avoid going out during rush hours. Those who have already gone there, you must follow orders," the Shanghai police said in a statement on its verified account on Chinese social network Weibo.The photos posted by police with the statement included one of a sign Costco put up outside the store, which read: "The parking lot is full. It takes three hours to wait."The company even issued an apology on social media for Chinese customers Wednesday, adding that it will put a cap on the number of customers allowed in the store to 2,000 and work with local police to "lessen the disturbance" to its neighbors.The road aheadWhile Costco has had an online presence in China for five years through a partnership with Chinese e-commerce firm Alibaba, the new brick-and-mortar store in Shanghai marks a significant investment.Costco's annual membership program, which accounts for the bulk of its profit, is also cheaper in China — it costs 299 yuan () compared to in the United States.But despite the early buzz around its Shanghai store, the US retailer will have to prove it can stick around for the long haul. It has to contend not only with global rivals like Walmart and big Chinese players like Alibaba and JD.com, but also with China's rapid economic changes and its growing online retail industry."There is big market potential for Costco in China, as its value for money strategy is attractive to many middle-class consumers," said Michelle Huang, an analyst at Rabobank in Shanghai."Whether Costco can succeed in the long term depends how well it can adapt to China's dynamic retail landscape," she added.Day one hypeWhile there are challenges on the horizon, the early hype around China's Costco stores is very real.Echo Zhou, a 28-year-old financial professional in Shanghai, said she arrived at 9:10 a.m., but didn't make it to the parking lot until an hour later and finally got into the store around 11 a.m."The surrounding roads were paralyzed. The highway nearby was also congested," she said."By the time I got in, there were crowds of old people who had already wiped out some shelves."Zhou said she decided to leave without buying anything as there was little room for shoppers inside the store, which was packed with crowds and the big shopping carts."I will give it another chance three months later as I've got the membership," she added. 3169

 Sears is seeking court approval to pay executives as much as million in quarterly bonuses while the company struggles to restructure in bankruptcy.Three top executives could get nearly million each if the company goes out of business. If Sears remains in business, they could get nearly 0,000 each for hitting the top performance targets.Sears filed two different types of bonus plans in bankruptcy court?Thursday. The first is for the top 18 "key" executives, who would collectively get as much as .1 million per quarter. The bonuses would only be paid in full if Sears reaches its cash-flow targets. Sears Holdings, which includes both Sears and Kmart, has been burning through cash at a rate of about 5 million a month.A second retention bonus plan was designed to encourage 322 other unnamed executives to stay put during Sears' reorganization. They would collectively get .9 million a quarter, which works out to an average of about ,000 per quarter per executive. No executive could receive more the 0,000 in bonuses for staying with the company during the bankruptcy process.A judge's approval is needed before the bonuses could be paid. A hearing on the plans is set for December 20.The company wants to retain as many executives as it can, but Sears is laying off employees who staffed?hundreds of stores it is closing. Many hourly workers claim they will not be paid severance.Shelia Brewer, who worked for 17 years as a full-time hourly employee at a Kmart in Rockford Illinois, said the company told her she'd get eight weeks of severance. Instead, she received a letter saying that severance payments were being halted because of the bankruptcy, and she would get only the four weeks of pay she had already received."It hit me hard. I was already struggling as it was," she said. She said the bonus plan makes her angry."They say we can't get our severance because there's no money, but they're getting bonuses? It's like a slap in the face," she said.A Sears spokesman declined to comment on the bonus plan or its current severance policy.Eddie Lampert, the company's primary shareholder and chairman, apparently will not receive a bonus, according to the filing.The three top executives who were given the responsibility for running the company during its reorganization are in position for the largest bonuses. They are Chief Financial Officer Robert Riecker, Chief Digital Officer Leena Munjal and Gregory Ladley, president of the company's clothing and footwear business.Each could receive as much as 0,000 a quarter in bonus payments for hitting the maximum cash flow targets. They could receive four times that much if Sears goes out of business, in something the company called an "acceleration event."Retention bonuses for top executives are not unusual when companies go bankrupt. But bankruptcy law limits how much severance companies can pay.Toys "R" Us won approval for up to million in bonuses for 17 top executives a year ago during its failed attempt to stay in business, despite objections from employees groups and others."It's outrageous that the bankruptcy court is considering bonuses for Sears' high paid executives while laid off employees get their severance pay cut off," said Carrie Gleason, campaign manager for Rise Up Retail, a retail employee advocacy group. "This is exactly what happened at Toys 'R' Us. A handful of executives who couldn't save the company got millions in bonuses while tens of thousands of dedicated employees were denied their promised severance pay." 3581

(AP) -- Authorities say twin blazes rapidly spreading in Northern California have become the state's largest wildfire in history.The fires burning a few miles apart and known as the Mendocino Complex ignited July 27 and encompass an area the size of Los Angeles. It's the second straight year that California has recorded the state's largest wildfire.Officials said Monday that the flames about 100 miles (259 kilometers) north of San Francisco grew to 283,800 acres (443.4 square miles or 1,148.4 square kilometers).RELATED: Blaze dubbed Holy Fire spreading quickly in Orange CountyThat surpasses a wildfire last year in Southern California that burned 281,893 acres (440.5 square miles or 1,140.8 kilometers). That one killed two people and destroyed more than 1,000 buildings.The new fire has burned 75 homes. It is mostly burning in remote areas but has forced thousands of people to evacuate. 910

(AP) — The head of a Chinese government expert team says human-to-human transmission has been confirmed in an outbreak of a new coronavirus. State media said Monday that the leader of the National Health Commission team said two people in southern China caught the diseases from family members. The English-language China Daily newspaper said the National Health Commission task force also found that some medical workers have tested positive for the virus. Human-to-human transmission could make the virus spread more quickly and widely. The outbreak is believed to have started from people who picked it up at a fresh food market in the city of Wuhan in central China. 678