内容摘要：Stock indexes fell 0.8% in Hong Kong and 0.7% in Shanghai, while indexes were mixed elsewhere in Asia and Europe.

Stock indexes fell 0.8% in Hong Kong and 0.7% in Shanghai, while indexes were mixed elsewhere in Asia and Europe.

The U.S. Justice Departmentthe payment by Southern California Edison on Thursday. U.S. Attorney Bill Essayli said in a statement that the settlement provides “meaningful compensation to taxpayers for the extensive costs of fighting the ... fire and for the widespread damage to public lands.”

Edison agreed to pay the settlement within 60 days of its effective date, May 14, without admitting wrongdoing or fault, prosecutors said.Utility spokesperson Diane Castro said, “Our hearts are with the people who were affected by the Bobcat Fire. We are pleased to have resolved this matter and will continue to advance wildfire mitigation measures.”The settlement stemmed from a 2023

filed by federal prosecutors on behalf of the U.S. Forest Service against Edison and Utility Tree Service to recover costs from fighting the so-calledFire and for the extensive damage that it caused to the Angeles National Forest.

The government alleged that the fire ignited when trees that were not properly maintained by the utility and its tree maintenance contractor came into contact with power lines. Damage from the fire closed campgrounds and more than 100 miles (161 kilometers) of trails for years and harmed habitat for the federally endangered wildlife-mountain yellow-legged frog and federally threatened fish and birds, the government said.

“These resources will help us rehabilitate burned areas, restore wildlife habitats and strengthen our forests’ resilience to future wildfires,” said Deputy Forest Supervisor Tony Martinez of the Angeles National Forest.On the low-value shipments, online purchases had been coming into the U.S. duty-free for several years under the de minimis rule, which exempted them from the import tax.

Popular shopping sites such as Shein and Temu that offer ultra-low prices took advantage of the duty-free rule by shipping directly from China to U.S. buyers, bypassing more cumbersome customs paperwork.President Donald Trump terminated the exemption on such parcels originating from China and Hong Kong on May 2, following criticism that it not only resulted in lost tariff revenue but also allowed illicit drugs and unsafe products to flow into the U.S. without adequate scrutiny.

U.S. Customs and Border Protection said as many as 4 million low-value parcels were coming into the U.S. every day — many of which originated from China.Shortly before the exemption ended on May 2, prices on many items sold by Shein rose. Temu apparently halted shipments from China and tapped its existing inventory in the U.S.