1. 💲 The Trump administration postponed a new 10 percent tariff on certain Chinese goods - including cellphones and laptops - to coincide with the back-to-school and holiday seasons. Stocks soared on Tuesday after the announcement, erasing an early deficit. “We’re doing this for the Christmas season,” President Trump told reporters on Tuesday. "Just in case some of the tariffs would have an impact on U.S. customers." The levies will be delayed on some products until Dec. 15 after Trump announced the 10 percent tariff on $300 billion of Chinese goods earlier this month; it is in addition to the 25 percent tariffs the administration already imposed on $250 billion of Chinese goods. - CNBC
2. 📰 Two guards who were assigned to watch Jeffrey Epstein in jail have been placed on administrative leave, the U.S. Justice Department said on Tuesday. In addition, the warden at the Metropolitan Correctional Center - where Epstein was found dead in his jail cell on Saturday - was reassigned temporarily to an office job while investigations by the FBI and Justice Department continue. A warden at another facility in New York was named as acting warden. Epstein had been awaiting trial on sex trafficking and conspiracy charges when he was found unresponsive in an apparent suicide; the results of an autopsy are pending. - AP
3. 🏢 Following years of on-and-off talks, CBS and Viacom announced plans for a merger after they were split up in 2006. The deal would value the combined company - to be named ViacomCBS - at $30 billion. Viacom’s CEO Bob Bakish will serve as the CEO of the new company and Joe Ianiello, CBS CEO since last year, will become the chairman of CBS. Shari Redstone, the vice-chairman of both companies, is expected to become board chairman of the combined company. CBS shareholders will own about 61 percent of the new company and Viacom shareholders will own the remainder. - WSJ
4. Russian villagers living near the site of last week's failed missile test were told to evacuate on Wednesday, according to a Russian state news agency report. The Aug. 8 explosion that killed five Russian nuclear specialists and led to higher radiation levels involved a small nuclear reactor. On Wednesday morning, villagers in Nyonoksa, a town next to the testing ground in northern Russia, were told to evacuate because of "planned military activities," according to the Russian state news agency RIA-Novosti. - CNN
5. 🗽 In an interview with NPR, the acting director of U.S. Citizenship and Immigration Services recast the famous quote from the plaque on the Statue of Liberty. The plaque's poem, written by Emma Lazarus, reads: "Give me your tired, your poor, your huddled masses yearning to breathe free, The wretched refuse of your teeming shore." Answering a question from NPR's Rachel Martin about a new federal immigration regulation, Cuccinelli replied: "Give me your tired and your poor who can stand on their own two feet and who will not become a public charge." The new rule, set to be published Wednesday in the Federal Register, allows the U.S. government to deny green cards and visas to immigrants who use - or could potentially use - public assistance such as food stamps and Medicaid. It's expected to face legal challenges. - CBS NEWS
6. 🚔 An investigation is underway into a shootout that occurred Monday near a California freeway, killing a patrol officer and wounding two other people. Riverside Police Chief Sergio Diaz said authorities are trying to discern the motive of the shooter, who was killed in the gunfire. According to reports, California Highway Patrol officer Andre Moye stopped to impound a pickup truck when the suspect grabbed a rifle and shot the officer. Diaz referred to the incident as "a long and horrific gun battle" between the suspect and officers. - USA TODAY
7. 📚 A new book about Woodstock contains more than 100 previously unpublished photographs of the 1969 festival. The author of "Pilgrims of Woodstock," John Kane, purchased the image negatives at an auction for the estate of photojournalist Richard Bellak, who died in 2015. Bellak was one of the few professional-level photographers to have attended the festival, Kane says, and chose to not publish the images. "You can almost sense that Bellak is tiptoeing around these sleeping encampments," Kane told CNN. "He must not have got any sleep at all. Just the silence in those photos really speaks to you." The festival celebrates its 50th anniversary this week. - CNN
8. 📰 An actor who starred in Katy Perry’s “Teenage Dream” music video accused the singer of exposing him in public. In an Instagram post, Josh Kloss claims he saw Perry when they both attended a birthday party at Moonlight Rollerway, a roller skating rink, in Glendale, California. The two hugged, but "as I turned to introduce my friend, she pulled my Adidas sweats and underwear out as far as she could to show a couple of her guy friends and the crowd around us my penis," Kloss alleges in the post. Representatives for Perry have declined to comment. - VARIETY
9. 🍝 Olive Garden's popular Pasta Pass goes on sale this week, with the option for buyers to compete for a lifetime pass this year. The company is selling 24,000 traditional passes for $100 each, which will allow consumers to eat unlimited pasta from Sept. 23 to Nov. 24. As part of a new promo, Olive Garden will upgrade 50 of the passes to a $500 Lifetime Pass, which is just what it sounds like. The passes go on sale at 2 p.m. on Thursday. - MARKETWATCH
10. 📺 As part of a massive $1.5 billion deal, the future HBO Max streaming service could potentially pick up the rights to "Two and a Half Men" and "Big Bang Theory." Both series were created by Chuck Lorre and produced by Warner Bros. TV. According to Deadline, the price tag is so high because, while comparable shows like "Friends" and "The Office" have been available in their entirety on streaming services for years, the classic episode archive of both "Big Bang Theory" and "Two and a Half Men" have been largely unavailable. (Both shows continue to air on broadcast syndication.) HBO Max has already secured the streaming rights to "Friends," which will debut along with the service in early 2020. - DEADLINE
A version of this story first appeared in Inside Streaming.
Written and curated by Beth Duckett in Orange County. Beth is a former reporter for The Arizona Republic who has written for USA Today, Get Out magazine and other publications. Follow her tweets about breaking news and other topics in southern California here.
Editor: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside).