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Rapper Kanye West, whose growing presence in the fashion world has drawn a mixed reaction, says he faces discrimination for being straight. West last month suddenly announced a show of his military-inspired Yeezy line during New York Fashion Week, angering some more established designers.
Investors' focus is turning to earnings, and Yum! Brands was the S&P's biggest loser after reporting weak sales out of China, which accounts for more than half of its revenues. Yum! Brands slumped 18.83 percent after the restaurant operator cut its full-year profit forecast, citing a slower-than-expected recovery in its key China market and the drag from a strong U.S. dollar. The S&P health index, up 1.47 percent, was the biggest gainer.
By Amanda Becker and Jonathan Allen WASHINGTON/NEW YORK (Reuters) - U.S. Democratic presidential candidate Hillary Clinton said on Wednesday she does not support the 12-nation Trans-Pacific Partnership (TPP), rejecting a central tenet of President Barack Obama's strategic pivot to Asia. Clinton said during a campaign swing in Iowa that she is worried about currency manipulation not being part of the agreement and that "pharmaceutical companies may have gotten more benefits and patients fewer." "As of today, I am not in favor of what I have learned about it," Clinton said in an interview with the public broadcasting program "Newshour," filmed during a stop at Cornell College in Mount Vernon, Iowa. "I don’t believe it’s going to meet the high bar I have set." The TPP deal, reached on Monday after marathon talks between the United States and 11 Pacific Rim nations, aims to liberalize commerce in 40 percent of the world's economy and would be a legacy-defining victory for Obama.