US Democrats scrambled to contain damaging revelations of an insider effort to hobble Bernie Sanders's presidential campaign, with the party boss abruptly announcing her resignation on the eve of the convention to officially nominate Hillary Clinton. Debbie Wasserman Schultz said she would step down at the end of the convention, a move that aimed to put an end to the scandal threatening an uneasy truce within the fractured party. Thousands of Democratic delegates were converging on Philadelphia, the "City of Brotherly Love," to elevate Clinton as the party's nominee who will battle Republican Donald Trump in the November election.
Shares in Nintendo plunged Monday after it warned that the Pokemon Go mania sweeping the world would not translate into bumper profits, taking the wind out of a dizzying rally that saw the firm's value more than double. Markets had cheered the app's global success as a great sign for Nintendo's nascent move into the mobile games market. Nintendo is the creator of the Pokemon franchise but the game, released on July 5, was developed by US-based Niantic.
VIENTIANE, Laos (AP) — Southeast Asia's main grouping made a last-ditch attempt to reach a consensus on countering China's territorial expansion in the South China Sea, but their deadlock appeared far from being resolved as minutes ticked by before a critical meeting with the Chinese foreign minister Monday.