Tourists may pay tolls to drive San Francisco crooked street

Thousands of tourists could soon be forced to make reservations and pay to drive the famed crooked Lombard Street in San Francisco.

California lawmakers approved a bill Thursday granting San Francisco the power to establish a toll and reservation system for Lombard Street. The bill still needs Gov. Gavin Newsom’s signature.

The San Francisco County Transportation Authority has recommended $5 per car weekdays and $10 weekends and holidays.

Residents say the scenic street has become more like an overcrowded amusement park than a neighborhood street.

They have been calling for years for officials to address traffic jams, trash and trespassing.

Tourism officials estimate that 6,000 people daily visit the 600-foot-long (183-meter-long) street in the summer, creating lines of cars stretching for blocks.

Republic of Ireland under-21s v Armenia LIVE: Can Stephen Kenny's men take all three points in Tallaght?

Spurs starlet Troy Parrott starts for Ireland as they look for a vital win on home soil (kick-off 8pm).

China Central Bank Lowers Reserve Requirement Ratio Further

China’s central bank reduced further the amount of cash that banks should set aside as reserves to spur liquidity in the economy hit hard by trade wars.

The People’s Bank of China decided to cut the reserve requirement ratio, or RRR, by 50 basis points, which will take effect on September 16, the bank said in a statement on Friday.

The bank resorted to its third reduction in RRR so far this year as the economy struggles to maintain steady growth as trade disputes with the US hurt the manufacturing sector.

In order to boost lending to small and medium-sized enterprises, the reserve ratio of some commercial banks was lowered by 1 percentage point. The reduction will be implemented in two stages, each time by 0.5 percentage points, first on October 15 and the second on November 15.

The central bank said the RRR cut will release CNY 900 billion liquidity into the financial system. The reduction is intended to make funds available for lending and reduce the funding costs.

The RRR cut is not flooding the economy with stimulus and the stable monetary policy orientation has not changed, the bank said in a separate communique.

The announcement by the PBoC came after the State Council, headed by Premier Li Keqiang on Wednesday, called for the “timely” use of both broad and targeted RRR cuts to support the real economy.

Kellogg is the ‘most compelling value left in snacks,’ Goldman Sachs says in upgrade

Goldman Sachs analyst Jason English upgraded Kellogg Co. shares K, +2.15% to buy from neutral late on Thursday, writing that he expects margin improvement and an acceleration in organic sales from the maker of cereals and snacks. The stock represents the "most compelling value left in snacks," in English’s view, as the company shifts its main focus toward snack foods and away from cereal. The company has "invested behind faster-growing single serve snacks which resonate with consumer mega trends of portion control," English wrote. He raised his price target to $72 from $58. Kellogg shares are up 2% in Friday morning trading, and they’ve risen 12.5% on the year as the S&P 500 SPX, +0.24% has gained 19%.

Four killed in Berlin after car veers onto pavement

BERLIN (AP) – Berlin’s fire service says four people died, including a young child, when a car veered onto a sidewalk in the German capital.

The fire service described the incident on Friday evening (Sept 6) in Berlin’s central Mitte district in a tweet as a “traffic accident.”

Police also used that description in a separate tweet.

They did not give more details, but said two people were injured.

Stewart Information Services’ stock dives after FTC looks to block buyout by Fidelity National

Shares of Stewart Information Services Corp. STC, -6.15% took an afternoon dive Friday toward a 3 1/2-year low, after the Federal Trade Commission issued "an administrative complaint" seeking to block the company’s acquisition by title insurance provider Fidelity National Financial Inc. FNF, -0.26%. Stewart’s stock was down about 4.9% in afternoon trading, but losses accelerated to 8.1% at current levels. The stock was on track to close at the lowest price since March 2016. Fidelity National’s stock was up about 1% in afternoon trading, but has swung to a loss of 0.4%. The FTC said it believes the merger would "substantially reduce competition" in state markets for title insurance underwriting for large commercial deals, and in several local markets for title information services. In March 2018, Stewart said it agreed to be acquired by Fidelity National in a deal valued at the time at $1.2 billion. Based on stock closing prices at the time, the deal had valued Stewart’s stock at a little over $50 each; at current prices, the same deal terms would value Stewart shares at nearly $54 each. Over the past year, Fidelity National shares have gained 11% and Stewart’s stock has dropped 26%, while the S&P 500 SPX, +0.18% has tacked on 3.6%.

Video: Unoccupied classic muscle car ghost rides across highway and wrecks

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This self-driving car needs a little work.

The Washington State Patrol has released video of a 1967 Chevrolet Chevelle muscle car that rolled off a trailer on Interstate 5 in Everett and caused an accident last month.

The matte black custom can be seen veering across the three-lane highway as the truck that was towing slows down and begins to pull over.

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The car then rolls into the HOV lane and smashes into the front of the vehicle equipped with the dashcam that filmed the incident, before slamming into the divider and coming to a rest in the center of the road.

Public information officer Trooper H. Axtman said no one was injured in the crash and that the driver of the truck was cited with failure to secure a load, which can carry penalties ranging from $228 in fines to criminal charges, according to King 5 News.