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Global shares mixed ... Kushner back taxes ... Nike Kaepernick deal

September 4, 2018

SINGAPORE (AP) — Global shares have been mixed today as trade concerns and reports that manufacturing is slowing in China and the Eurozone weigh on sentiment. In Europe, France’s CAC 40 dropped 0.4 percent, Germany’s DAX shed 0.2 percent and the FTSE 100 index of leading British shares was down 0.1 percent. Japan’s benchmark Nikkei 225 lost 0.1 percent and the Kospi in South Korea gained 0.4 percent. Wall Street is poised to open higher.

NEW YORK (AP) — The Kushner family real estate firm has amassed more than half a million dollars in unpaid fines for various New York City sanitation and building violations. Much of that bill was incurred while presidential adviser Jared Kushner was running the company. City figures compiled for The Associated Press by a tenant watchdog group show that most of the fines — $350,000 — stretched over the past five years. And just last month the company was fined $210,000 for filing false construction documents.

SAN FRANCISCO (AP) — San Francisco police arrested 75 hotel workers on Labor Day protesting outside the J. W. Marriott’s Westin St. Francis hotel for blocking a street in one of the city’s busiest tourist areas. A union local spokesman says 8,000 workers in more than 50 hotels in San Francisco and six other North American cities are working without a contract. A Marriott spokesman says the hotel has a longstanding and productive relationship with the union and is negotiating in good faith.

UNDATED (AP) — Colin Kaepernick doesn’t have a job in the NFL, but he has scored a multi-year deal with Nike. A person familiar with the contract says Nike will feature Kaepernick on several platforms, including billboards, television commercials and online ads. Kaepernick began a wave of protests by NFL players two seasons ago, kneeling during the national anthem to protest police brutality and racial inequality.

ATHENS, Greece (AP) —Greek ferry crews have ended a strike that left tens of thousands of travelers and islanders stranded for more than a day. The main seamen’s union, PNO, decided today to return to work immediately, after ferry operators offered them a 2-percent pay increase after an eight-year freeze because of Greece’s debt crisis.

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