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Hong Kong's embattled leader Carrie Lam has finally fully withdrawn a controversial bill that allowed extradition to mainland China and sparked three months of dramatic protests in the financial hub.The decision to cave in to one of protesters' five core demands marked a dramatic U-turn for Lam, who for months has refused to withdraw the bill."We must find ways to address the discontent in society and look for solutions," Lam said in a a video statement Wednesday evening. "After more than two months of social unrest, it is obvious to many that this discontentment extends far beyond the bill."But Lam refused to give ground on protesters' four other demands, including greater democracy for the city and an independent commission into police conduct, saying all investigations would be carried out by the existing Independent Police Complaints Council (IPCC).Instead, she announced the addition of a former education bureau chief and former judge to the IPCC. Lam said the government's priority now was to restore law and order to Hong Kong. "Let's replace conflicts with conversations and let's look for solutions," she said.Lam suspended the extradition bill in June after more than 1 million people marched against it, with protesters surrounding the city's legislature on the day of its planned second reading.That suspension did not satisfy protesters, who demanded the bill's complete withdrawal -- making it harder for the government to rush the law through at a later date. A withdrawn bill would need to go back to the beginning of the legislative process, whereas a suspended one could resume where it left off.In recent weeks, protesters' tactics have become increasingly violent as young people felt the government was refusing to consider their demands.Pro-Beijing lawmaker Michael Tien said that Lam's withdrawal may not stem their anger. "I believe the withdrawal of the bill ... may be too late because this movement has become more than the bill," he said.Activist Joshua Wong, who was last week arrested in a police sweep of activists and opposition politicians, wrote 2105

For generations, Dave Walton's family has owned a farm in Wilton, Iowa.“We bought this farm in 1901 so I’m fourth generation of this farm," Walton says. “We grow soybeans, corn, alfalfa; pasture beef, cattle, sheep."Walton knows the impact of the trade war firsthand. “Soybeans have been hit hardest, they were one of the first products to get tariffs," he says. The farmer says tariffs have brought a level of uncertainty soybean farmers haven't seen in a long time. “China is our largest export buyer overseas," Walton says. "Our biggest buyer of soybeans essentially has been out of the market for about a year and a half now. That dropped our price almost a bushel.”The price change for many Iowans like Walton has left its mark.“We’ve really tightened the belt, we had to look at every expenditure. We haven’t really purchased any equipment, haven’t replaced any equipment. We’ve done the repair work ourselves," he says. "The family living budget is down to the bone so we’ve really had to tighten the belt to get through this.”He says waiting for a trade deal between the U.S. and China has been an emotional roller coaster. "You know, you hear they get together and get some positive news out of D.C., or whoever they’re negotiating, and you have a little bit of hope, and a week later it blows up with a tweet sometimes or the Chinese say ‘no, we’re not going to honor that deal,’ " he says.It's a waiting game he says can't go on forever. "The clock’s been ticking for a while,” Walton says. “We’ve made adjustments and the market starting to come back. If we can stay at this level, we could probably ride it out for a little while. But I would say another year and a half, two years … if we don’t have a deal, things are going to get pretty grim.” 1774

Ford is cutting 7,000 white-collar jobs, or about 10% of its salaried staff worldwide, as part of a cost-cutting effort it says will save the company about 0 million a year.Ford says workers will begin to be notified of cuts starting Tuesday, and the terminations will be completed by the end of August. About 2,400 of the jobs cuts are in North America, and 1,500 of the positions were eliminated through a voluntary buyout offer.The move is an effort to cut bureaucracy within the company and flatten the management structure in addition to its desire to cut costs, according to a letter CEO Jim Hackett sent to employees Monday morning.Ford's layoffs are similar to 684

High fuel prices, an international trade war, and the 737 Max grounding are adding up to a miserable 2019 for the airline industry. Airlines are bracing for their worst year since 2014.The aviation industry expects to earn billion in profit this year, according to a 283

France is imposing nationwide restrictions on how far from their homes people can go and for what purpose as part of the country's strategy to stop the spread of the new coronavirus. French President Emmanuel Macron said that "movements will be very strongly reduced” for 15 days starting at midday Tuesday. He says residents will only be permitted to leave their homes for necessary trips such as going to work or the supermarket. Macron said in televised remarks that the government decided to order the restrictions because people haven't complied with earlier public health measures and “we are at war.” Macron added that any violations from the law will be penalized, without elaborating how. 709