US companies getting refunds after the Supreme Court struck down President Donald Trump's import tariffs are using the temporary windfall in a range of creative ways. The refunds are being used to cover rising costs, supplement employee retirement accounts and repay debt. Some are sharing the bounty with vendors. And a number of consumer companies are beefing up their assortment of lower-priced products and offering deals to attract budget-conscious shoppers pinched by the rising cost of living. Companies in the Russell 3000 Index mentioned tariff refunds almost 1,000 times in earnings calls and filings in July, August and September, according to a Bloomberg News analysis, almost four times more than in the previous earnings season. Consumer discretionary and staples companies accounted for more than a third of the references, disclosing the receipt of close to $9.8 billon in refunds during that period. Roughly $166 billion was paid in tariffs under the International Emergenc...
Speaking on the deadly suicide bombing inside a mosque in Peshawar on Tuesday, Pakistan Defence Minister Khwaja Asif said worshippers were not killed during prayers even in India, the Dawn reported. The suicide attack left 100 people dead and scores more injured. Expressing his views on the attack at the National Assembly, Asif said, "Worshippers weren't killed during prayers even in India or Israel but it happened in Pakistan." The explosion took place in the central hall of the mosque on Monday around 1 pm. Calling for unity in the fight against terrorism, the minister said it was time for Pakistan to set its "house in order," according to Dawn. Recalling terrorism incidents from 2010- 2017, the minister said, "This war started from Swat during the PPP's tenure and it was concluded during the PML-N's previous tenure, and peace was established in the country from Karachi to Swat." "But if you remember, a year-and-a-half or two years...