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Extraordinary volatility...Koreas dial back tensions...Cheating site hack fallout

By The Associated Press | Posted - Aug. 24, 2015 at 3:51 p.m.



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NEW YORK (AP) — U.S. stocks have been inundated by a global sell-off wave triggered by a stock collapse in China. The Dow dove more than 1,000 points right out of the gate. Some investors took advantage of bargains and trimmed some of the losses. U.S. Treasurys surged as investors bought less risky assets. The Dow finished the day down 588 points.

SEOUL, South Korea (AP) — The threat of military action between North and South Korea that started last week has dissipated. Pyongyang is expressing regret over a recent land mine blast and Seoul says it will halt propaganda broadcasts that escalated tensions. Marathon talks that started Saturday have produced an agreement to resume in September reunions of families separated by the war.

TORONTO (AP) — Canadian police say there are unconfirmed reports of two suicides following the hacking of the cheating website Ashley Madison. Police are also investigating extortion crimes. Meanwhile, the company behind the site is offering a reward for information leading to the arrest of members of a group that hacked the site.

FERGUSON, Mo. (AP) — Sweeping changes are being made in the municipal court system in Ferguson, Missouri. The reforms follow an investigation that found that officers targeted black motorists. Changes announced by the new municipal judge include reinstating driver's licenses for all defendants who lost their license for failing to appear in court or failing to pay a fine, pending final disposition of the case.

SAN FRANCISCO (AP) — Members of a mostly black California book club say they believe they were kicked off a Napa Valley wine train because of their race. The 11 women say they were ordered off the wine train Saturday. A member told television station KTVU that employees told the women they were laughing and talking too loudly. The group and supporters are posting on social media under the hashtag #laughingwhileblack.

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The Associated Press

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