TRUMP: IT HAS JUST BEEN LEARNED THAT CHINA HAS TAKEN AN EXTRAORDINARILY AGGRESSIVE POSITION ON TRADE
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By David Shepardson WASHINGTON (Reuters) -Republican U.S. Senator Marsha Blackburn wants the CEOs of AT&T, Verizon and T-Mobile to disclose whether they received or objected to subpoenas for phone data from eight U.S. senators related to a probe of the January 6, 2021 Capitol riot, according to letters seen by Reuters on Friday. On Monday, Senate Republicans disclosed a 2023 document that showed the FBI obtained phone data known as "toll records" from senators' phones, including Blackburn, tied to the U.S. Justice Department's investigation of the riot. She wants the telecom companies to answer questions including whether they provided "the cell phone records of their personal devices, their official government devices, or both?" Separately, Republican Senator Bill Hagerty — who is among the eight lawmakers whose information was seized — said he had written to Verizon seeking answers about the disclosure of his phone records. Verizon on Friday told Reuters it had provided the requested customer information and call records. "Federal law requires companies like Verizon to respond to grand jury subpoenas," Verizon said. "We received a valid subpoena and a court order to keep it confidential. We weren't told why the information was requested or what the investigation was about." Blackburn said all three companies got subpoenas for phone records related to "time, recipient, duration, and location of calls placed on our devices from January 4, 2021, to January 7, 2021." The records were part of special prosecutor Jack Smith's investigation into President Donald Trump’s effort to overturn his loss of the 2020 election to his Democratic opponent, Joe Biden. Trump was charged in the Capitol assault but the case did not go to trial, having been delayed and buffeted by a series of legal challenges. Smith dropped the case after Trump won the 2024 election against Biden's Vice President Kamala Harris. Smith cited a longstanding Justice Department policy against prosecuting a sitting president, but issued a report saying the evidence he gathered would have been enough to convict Trump at trial. Federal Communications Commission Chair Brendan Carr said Friday in an interview he had previously raised concerns about prior disclosures of lawmaker records. "We will be part of the effort to get to the bottom of what happened here," Carr said. (Reporting by David Shepardson; Editing by Nia Williams and David Gregorio)
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Oct 10 (Reuters) – Corporate travel and expense company Navan said on Friday it was targeting to raise as much as $960 million in its initial public offering in the United States. (Reporting by Prakhar Srivastava in Bengaluru; Editing by Alan Barona)
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VIDEO SHOWS: HIGHLIGHTS FROM FRIENDLY MATCH BETWEEN ATLETICO MADRID AND INTER MILAN PLAYED IN THE EASTERN LIBYAN CITY OF BENGHAZI COMPLETE SCRIPT TO FOLLOW SHOWS: BENGHAZI, LIBYA (OCTOBER 10, 2025) (BENGHAZI RECONSTRUCTION AND DEVELOPMENT FUND – Editorial use only. No resales. No monetisation.) 1. VARIOUS EXTERIORS OF BENGHAZI INTERNATIONAL STADIUM (MUTE) 2. FACADE OF BENGHAZI INTERNATIONAL STADIUM 3. ATLETICO MADRID MANAGER DIEGO SIMEONE WALKING OUT ONTO PITCH 4. TWO TEAMS WALKING OUT ONTO PITCH 5. STADIUM 6. PLAYERS SHAKING HANDS WITH OFFICIALS AND OTHER TEAM BEFORE KICK OFF / INTER'S GERMAN DEFENDER YANN BISSECK HIGH FIVING ATLETICO PLAYERS AND WARMING UP 7. AERIAL VIEW OF STADIUM 8. LIBYAN FLAG PROJECTED ON SCREEN 9. BISSECK DRIBBLES PAST OPPONENT / PASSES TO ANDY DIOUF WHO IN TURN PASSES TO INTER STRIKER ANGE-YOAN BONNY / BONNY SHOOTS AND SHOT IS SAVED BY ATLETICO KEEPER JUAN MUSSO 10. INTER COACH CRISTIAN CHIVU LOOKING ON 11. REPLAY OF CHANCE 12. ATLETICO STRIKER ANTOINE GRIEZMANN TAKING A CORNER KICK QUICKLY TO KOKE / BALL EVENTUALLY GETS VOLLEYED IN BY GRIEZMANN BUT GOAL IS RULED OUT FOR OFFSIDE 13. GRIEZMANN REACTING 14. REPLAY OF DISALLOWED GOAL 15. GRIEZMANN PLAYING PASS TO THIAGO ALMADA WHO SHOOTS / SHOT IS SAVED BY INTER KEEPER JOSEP MARTINEZ 16. REPLAY OF CHANCE 17. GRIEZMANN PASSES BALL TO KOKE / KOKE TURNS AND PASSES TO CARLOS MARTIN WHO RUNS ONTO GOAL, TURNS AND DRILLS A LOW SHOT INTO THE BOTTOM CORNER TO GIVE ATLETICO THE LEAD 18. MARTIN CELEBRATING GOAL 19. FANS CELEBRATING 20. REPLAY OF GOAL 21. BONNY REACTING 22. EASTERN LIBYA'S MILITARY RULER KHALIFA HAFTAR SALUTING AFTER CROWD CHEERS AFTER SEEING HIM ON STADIUM SCREENS 23. INTER MIDFIELDER HENRIKH MKHITARYAN CROSSING IN CORNER KICK / BALL HEADED IN BY BISSECK TO LEVEL THE MATCH 24. BISSECK JOGGING BACK CASUALLY AFTER SCORING 25. FANS CHEERING 26. MARTINEZ APPLAUDING 27. REPLAY OF EQUALISER 28. GRIEZMANN CORNER IS FLICKED ON AND BALL IS VOLLEYED NARROWLY OVER BY ATLETICO DEFENDER CARLOS GIMENEZ 29. ATLETICO DEFENDER MATTEO RUGGERI JOGGING BACK 30. REPLAY OF CHANCE 31. INTER MIDFIELDER IWO KACZMARSKI SHOOTING FROM DISTANCE AND BALL GOES NARROWLY WIDE OF GOAL 32. KACZMARSKI GIVING INSTRUCTIONS WITH HAND SIGNALS 33. REPLAY OF CHANCE 34. SIMEONE WATCHING ON 35. INTER MIDFIELDER RICHI AGBONIFO FINDS HIMSELF THROUGH ON GOAL BUT HIS SHOT IS SAVED BY MUSSO 36. MUSSO WALKING 37. REPLAY OF CHANCE 38. CHIVU SHOUTING INSTRUCTIONS 39. VARIOUS OF REFEREE BLOWING FINAL WHISTLE TO SIGNAL AN END TO THE MATCH AS TEAMS PREPARE FOR PENALTY SHOOTOUT 40. STADIUM 41. GRIEZMANN SCORING OPENING PENALTY FOR ATLETICO 42. INTER'S MATTEO VENTURINI SCORING PENALTY TO LEVEL THE SHOOTOUT 43. KOKE HITS THE CROSS BAR 44. INTER'S MATTEO LAVELLI SCORES TO GIVE INTER THE LEAD IN THE SHOOTOUT 45. RUGGERI SCORES TO LEVEL FOR ATLETICO 46. INTER'S LUIS HENRIQUE HAS HIS PENALTY SAVED BY MUSSO TO KEEP THE SHOOTOUT AT 2-2 47. ATLETICO'S OMAR JANNEH SCORES TO GIVE ATLETICO THE LEAD IN THE SHOOTOUT 48. INTER'S FRANCESCO ACERBI SEES HIS PENALTY SAVED BY MUSSO 49. ATLETICO'S CLEMENT LENGLET SCORES THE PENALTY TO GIVE ATLETICO A 4-2 PENALTY SHOOTOUT WIN 50. ATLETICO PLAYERS RUNNING TO CELEBRATE WITH MUSSO AND LENGLET 51. VARIOUS OF ATLETICO PLAYERS AWAITING TROPHY PRESENTATION 52. ATLETICO CAPTAIN KOKE HOLDING TROPHY / KOKE WALKING TOWARD HIS TEAMMATES AS LIGHTS GO OUT AND FIREWORK CELEBRATIONS BEGIN 53. VARIOUS OF FIREWORKS SHOW AT STADIUM
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By David Shepardson WASHINGTON (Reuters) -Republican U.S. Senator Marsha Blackburn wants the CEOs of AT&T, Verizon and T-Mobile to disclose whether they received or objected to subpoenas for phone data from eight U.S. senators related to a probe of the January 6, 2021 Capitol riot, according to letters seen by Reuters on Friday. On Monday, Senate Republicans disclosed a 2023 document that showed the FBI obtained phone data known as "toll records" from senators' phones, including Blackburn, tied to the U.S. Justice Department's investigation of the riot. She wants the telecom companies to answer questions including whether they provided "the cell phone records of their personal devices, their official government devices, or both?" Separately, Republican Senator Bill Hagerty — who is among the eight lawmakers whose information was seized — said he had written to Verizon seeking answers about the disclosure of his phone records. Verizon on Friday told Reuters it had provided the requested customer information and call records. "Federal law requires companies like Verizon to respond to grand jury subpoenas," Verizon said. "We received a valid subpoena and a court order to keep it confidential. We weren't told why the information was requested or what the investigation was about." Blackburn said all three companies got subpoenas for phone records related to "time, recipient, duration, and location of calls placed on our devices from January 4, 2021, to January 7, 2021." The records were part of special prosecutor Jack Smith's investigation into President Donald Trump’s effort to overturn his loss of the 2020 election to his Democratic opponent, Joe Biden. Trump was charged in the Capitol assault but the case did not go to trial, having been delayed and buffeted by a series of legal challenges. Smith dropped the case after Trump won the 2024 election against Biden's Vice President Kamala Harris. Smith cited a longstanding Justice Department policy against prosecuting a sitting president, but issued a report saying the evidence he gathered would have been enough to convict Trump at trial. Federal Communications Commission Chair Brendan Carr said Friday in an interview he had previously raised concerns about prior disclosures of lawmaker records. "We will be part of the effort to get to the bottom of what happened here," Carr said. (Reporting by David Shepardson; Editing by Nia Williams and David Gregorio)
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* Stocks end week on dour note ahead of 3rd anniversary of bull market * JPMorgan, Goldman among bank reports due in coming week * S&P 500 earnings expected to rise nearly 9% in Q3 (Recasts for Friday's market declines, updates with confirmation of CPI release date, fresh analyst comments) By Lewis Krauskopf NEW YORK, Oct 10 (Reuters) – Investors will look to major banks' quarterly earnings reports in the coming week to help gauge the U.S. economy's health as the federal government shutdown has interrupted the flow of new data. Major U.S. equity indexes slumped on Friday, stalling the market's momentum, after comments from President Donald Trump ratcheted up trade tensions with China. Stocks ended the week on a dour note just before the benchmark S&P 500 is set to mark the third anniversary of the start of its current bull market run on Sunday. Markets had been overbought and due for some volatility, said Matthew Miskin, co-chief investment strategist at Manulife John Hancock Investments. "At the end of the day, it's going to come back to the economy," Miskin said. "It's going to come back to corporate profits, and earnings season is right around the corner." With the U.S. stock market's valuation around its highest level in five years and some concerns about over-inflated investor enthusiasm for technology and artificial intelligence, a strong third-quarter earnings season will be critical for equities to maintain their momentum. Despite Friday's sharp decline, the S&P 500 remains up over 11% year-to-date and within roughly 3% of its all-time high. "The market just keeps grinding higher," said Garrett Melson, portfolio strategist at Natixis Investment Managers Solutions. "The key underpinning of that is stronger earnings outlooks. … When you look at the fundamentals, things continue to look good." The record-breaking run for U.S. stock indexes has been accompanied by recent strong gains for other assets, including gold, silver and bitcoin. Several high-profile officials have recently made cautious comments about markets, including Kristalina Georgieva, head of the International Monetary Fund, and JPMorgan CEO Jamie Dimon. JPMorgan is among the major banks kicking off the earnings season when it reports on Tuesday, along with Goldman Sachs, Wells Fargo and Citigroup. Bank of America and Morgan Stanley are due on Wednesday. Recent weak labor market data has raised concerns about growth and prompted the Federal Reserve to restart interest rate cuts. "Banks are a window into the U.S. economy," said Irene Tunkel, chief U.S. equity strategist at BCA Research. "If we see that consumers are still spending, if we see that demand for loans is improving, then I will start to think that perhaps we're not really edging towards contraction." Other companies due to report next week include healthcare company Johnson & Johnson and asset manager BlackRock . S&P 500 companies overall are expected to have increased earnings by 8.8% in the third quarter from a year earlier, according to LSEG IBES. "A lot of the bullishness is built around the expected earnings growth," said Chuck Carlson, chief executive officer at Horizon Investment Services. "If we start to see cracks in that, that would not be good for the market in general." Attention also will be on Washington to see if Republican and Democratic lawmakers break an impasse and end a government shutdown that began on October 1. Markets have largely shrugged off the shutdown so far, but investors have warned that risks to the economy will increase the longer it goes on, while it is already hamstringing U.S. travel. Another issue for investors is the interrupted publication of key economic reports by government agencies. The monthly employment report, due on October 3, already has been delayed. Investors have been concerned that the shutdown also could affect next week's data, including releases related to inflation and retail sales. The monthly consumer price index report, which is closely watched for inflation trends, will be published on October 24, the U.S. Bureau of Labor Statistics said on Friday, after the CPI report was originally scheduled for this coming Wednesday. While the CPI report will allow the Social Security Administration to meet deadlines necessary for payment of benefits, the BLS said no other releases will be rescheduled or produced until regular government services resume. If the shutdown drags on through next week, there will be an impact on the October employment report when it is released, "which would make the numbers harder to interpret," Michael Pearce, deputy chief U.S. economist at Oxford Economics, said in a note on Friday. "With much of the regular economic data unavailable during the shutdown," Pearce wrote, "the data fog is thickening." (Reporting by Lewis Krauskopf; Editing by Alden Bentley, Richard Chang and Aurora Ellis)
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By David Shepardson WASHINGTON (Reuters) -Republican U.S. Senator Marsha Blackburn wants the CEOs of AT&T, Verizon and T-Mobile to disclose whether they received or objected to subpoenas for phone data from eight U.S. senators related to a probe of the January 6, 2021 Capitol riot, according to letters seen by Reuters on Friday. On Monday, Senate Republicans disclosed a 2023 document that showed the FBI obtained phone data known as "toll records" from senators' phones, including Blackburn, tied to the U.S. Justice Department's investigation of the riot. She wants the telecom companies to answer questions including whether they provided "the cell phone records of their personal devices, their official government devices, or both?" Separately, Republican Senator Bill Hagerty — who is among the eight lawmakers whose information was seized — said he had written to Verizon seeking answers about the disclosure of his phone records. Verizon on Friday told Reuters it had provided the requested customer information and call records. "Federal law requires companies like Verizon to respond to grand jury subpoenas," Verizon said. "We received a valid subpoena and a court order to keep it confidential. We weren't told why the information was requested or what the investigation was about." Blackburn said all three companies got subpoenas for phone records related to "time, recipient, duration, and location of calls placed on our devices from January 4, 2021, to January 7, 2021." The records were part of special prosecutor Jack Smith's investigation into President Donald Trump’s effort to overturn his loss of the 2020 election to his Democratic opponent, Joe Biden. Trump was charged in the Capitol assault but the case did not go to trial, having been delayed and buffeted by a series of legal challenges. Smith dropped the case after Trump won the 2024 election against Biden's Vice President Kamala Harris. Smith cited a longstanding Justice Department policy against prosecuting a sitting president, but issued a report saying the evidence he gathered would have been enough to convict Trump at trial. Federal Communications Commission Chair Brendan Carr said Friday in an interview he had previously raised concerns about prior disclosures of lawmaker records. "We will be part of the effort to get to the bottom of what happened here," Carr said. (Reporting by David Shepardson; Editing by Nia Williams and David Gregorio)
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Panthers running back Chuba Hubbard will miss his second straight game when Carolina hosts the Dallas Cowboys on Sunday. Hubbard (calf) didn't practice this week and was ruled out on Friday's injury report. He last played on Sept. 28 against the New England Patriots. Hubbard's services weren't missed during last week's 27-24 victory over the Miami Dolphins as Rico Dowdle stepped in and ran for a career-high 206 yards and one touchdown on 23 carries. That tied Jonathan Stewart (2009) for the second-highest single-game rushing output in Panthers history, trailing DeAngelo Williams (210 in 2012). Dowdle, 27, will again be the lead back against the Cowboys. Dowdle rushed for a career-high 1,079 yards for Dallas last season. "There are going to be emotions, but we have to set those things aside," Carolina coach Dave Canales said of Dowdle playing his former team. Dowdle was a member of the Cowboys from 2020-24. After the game against the Dolphins, Dowdle warned the Cowboys that it was time to "buckle up." Dallas coach Brian Schottenheimer showed that the message was received. "It'll be good to see Rico this weekend," Schottenheimer told reporters. "I know we're gonna have to buckle up, he said. We'll bring our seat belts, Rico. We'll buckle up. Can't wait to see him, though." Dowdle has a team-leading 289 yards and two touchdowns on 51 rushing attempts this season. Hubbard has 217 rushing yards on 53 carries. Right tackle Taylor Moton (elbow), defensive tackle Tershawn Wharton (toe) and cornerback Akayleb Evans (hamstring) also were ruled out for Carolina. Four players are questionable: receiver Jalen Coker (quadriceps), tight end Ja'Tavion Sanders (ankle) and cornerbacks Mike Jackson (ribs) and Chau Smith- Wade (chest). Coker would need to be activated from injured reserve to play Sunday. –Field Level Media
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SHOWS: PORTUGAL TEAM TRAINING SESSION, CRISTIANO RONALDO AND TEAM TRAINING SESSION, PRESS CONFERENCE WITH PORTUGAL COACH ROBERTO MARTINEZ AND MIDFIELDER BRUNO FERNANDES COMPLETE SHOTLIST AND SCRIPT TO FOLLOW STORY: (Production: Miguel Pereira, Kurt Michael Hall)
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By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump threatened to hike tariffs on Chinese exports and cancel a meeting with President Xi Jinping, in a broadside against Beijing on Friday that sent markets and relations between the world's largest economies into a spiral. Trump, due to meet Xi in about three weeks in South Korea, complained on social media about what he characterized as China's plans to hold the global economy hostage after China dramatically expanded its rare earth element export controls on Thursday. China dominates the market for such elements, which are essential to tech manufacturing. Trump said there was no reason to hold the meeting with Xi that he had previously announced. Beijing had never confirmed the meeting between the leaders. The remarks signaled the biggest rupture in relations in four months and immediately raised questions about whether an economic detente between Beijing and Washington – the world's biggest factory and its biggest consumer – can survive. Trump, a Republican who has wielded tariffs paid by U.S. importers against friends and foes, said on Friday that he was weighing a "massive" increase in such levies on Chinese-made goods. Such a step could revive a destabilizing tit-for-tat trade war that Washington and Beijing paused amid painstaking diplomacy earlier this year. Beijing has long called for Washington to abandon unilateral trade restrictions it says undermine global commerce. MARKETS TUMBLE ON TARIFF THREATS The unexpected broadside shook global financial markets, sending the benchmark S&P 500 Index sliding by more than 2%, its biggest one-day drop since April when a steady barrage of tariff announcements by Trump was a central feature of market volatility. Investors fled into the safe haven of gold and U.S. Treasury securities, and the U.S. dollar weakened against a basket of foreign currencies. "Trump's post could mark the beginning of the end of the tariff truce," said Craig Singleton, a China expert at the Foundation for Defense of Democracies, who said Washington viewed the export control steps as a betrayal. "Beijing appears to have overplayed its hand." In his post, Trump said China has been sending letters to countries worldwide saying it planned to impose export controls on every element of production related to rare earths. He said he had been contacted by unnamed countries incensed over Beijing's steps and said he was surprised because of the "very good" recent relationship with China. TRUMP CONDEMNS BEIJING'S 'HOSTILE ORDER' "Dependent on what China says about the hostile 'order' that they have just put out, I will be forced, as President of the United States of America, to financially counter their move," Trump said on Truth Social. "For every Element that they have been able to monopolize, we have two." He added: "I was to meet President Xi in two weeks, at APEC, in South Korea, but now there seems to be no reason to do so." Trump had earlier said he would meet Xi on the sidelines of the Asia-Pacific Economic Cooperation forum being held in Gyeongju, South Korea, starting October 31. The White House and the Chinese embassy in Washington did not immediately respond to a request for comment. A spokesperson for the U.S. Trade Representative declined comment on what countermeasures Trump was contemplating while a spokesperson for the U.S. Treasury did not immediately respond to a request for comment. The two offices have led talks with Beijing on trade. Economic tensions had been rising in recent days. The Trump administration on Thursday, for instance, proposed banning Chinese airlines from flying over Russia on routes to and from the United States. The Federal Communications Commission said on Friday that major U.S. online retail websites have removed millions of listings for prohibited Chinese electronics. China's move on Thursday included adding five new elementsas well as dozens of pieces of refining technology to its export-restricting control list. It also required foreign rare earth producers that use Chinese materials to comply with its rules. China produces over 90% of the world's processed rare earths and rare earth magnets. Many are vital materials in products ranging from electric vehicles to aircraft engines and military radars. "Beijing must have concluded that the U.S. was not prepared to make significant concessions on tariffs, export controls or Taiwan," said Scott Kennedy, a China business and economics expert at Washington's Center for Strategic and International Studies think tank. China calculated, he said, that if Trump retaliates, "China will be in a better position to weather the storm, and that the U.S. will be the first to back down." (Reporting by Trevor Hunnicutt; additional reporting by David Brunnstrom, David Lawder and Maiya Keidan; Editing by Caitlin Webber and Deepa Babington)
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