BEIJING (AP) — China rattled global financial markets by devaluing its currency in what it said was an effort to make its exchange rate more market-oriented. The yuan's value declined 1.9 percent on Tuesday, its biggest one-day drop in a decade, and dropped a further 1.6 percent on Wednesday. The move could help Chinese companies by making their products less expensive in global markets. U.S. stocks sank, partly on fears about a worsening economic slowdown in China.
St. Louis County Police released a video on Tuesday that they said shows a suspect, who has been accused of firing on police, drawing a pistol from his pants during protests in strife-torn Ferguson, Missouri. Tyrone Harris, 18, was shot by police and is in critical condition. The incident occurred on Sunday in the St. Louis suburb where largely peaceful demonstrations over police shootings of unarmed black men have been punctuated by violence.
LOWER LAKE, Calif. (AP) — Wildfires are charging through several states in the parched West, scorching homes and forcing people to flee. Flames are plaguing some California residents, who had to evacuate for the second time in recent weeks after blazes exploded in size.
Two rivers in Colorado and New Mexico hit hardest by toxic waste spilled from a defunct gold mine will remain closed to drinking water and irrigation intakes for at least another week, but test samples show a gradual ebbing of contamination, environmental officials said on Tuesday. The San Juan River and its northern tributary, the Animas River, have been fouled by the release of more than 3 million gallons (11.3 million liters) of acid mine drainage inadvertently triggered by a team of Environmental Protection Agency workers last Wednesday. The discharge has continued to flow at the rate of about 500 gallons (1,900 liters) a minute from the site of the century-old Gold King Mine, near the town of Silverton in southwestern Colorado, into a stream below called Cement Creek.