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- U.S.-China tension to push Asian shares lower in choppy trade
Thu, 28 May 2020 21:20:32 -0400
Asian shares were set to dip in choppy trade on Friday as worries about worsening U.S.-China ties offset the fillip from hopes massive government stimulus can jump-start the world economy.
- Minnesota calls in National Guard to quell unrest over George Floyd's death in police custody
Thu, 28 May 2020 21:19:24 -0400
Minnesota's governor activated the National Guard on Thursday to help restore order following two days of violent protests in Minneapolis over the death of a black man seen in graphic video gasping for breath as a white officer knelt on his neck.
- China public security ministry pledges to 'guide and support' HK police
Thu, 28 May 2020 21:12:47 -0400
China's public security ministry pledged to "guide and support" the Hong Kong police force after China's parliament approved a decision to impose a new national security law on the semi-autonomous territory.
- Hong Kong government warns removing U.S. special status is 'double-edged sword'
Thu, 28 May 2020 21:12:47 -0400
Hong Kong's government warned Washington that withdrawing its special U.S. status, which has underpinned the city as a global financial hub, could be a "double-edged sword" and urged the United States to stop interfering in internal affairs.
- China parliament advances Hong Kong security law as U.S. tensions rise
Thu, 28 May 2020 21:06:28 -0400
China's parliament on Thursday approved a decision to go forward with national security legislation for Hong Kong that democracy activists and Western countries fear could erode the city's freedoms and jeopardise its role as a global financial hub.
- House Democrats demand probes of police killings of black Americans
Thu, 28 May 2020 20:58:44 -0400
The Democratic-controlled U.S. House Judiciary Committee on Thursday asked the Justice Department to investigate systemic police misconduct following a spate of high-profile police killings of African Americans.
- Tyson Foods will shut U.S. pork plant as more workers catch COVID-19
Thu, 28 May 2020 20:35:31 -0400
Tyson Foods Inc said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country's food supply.
- Trump move could scrap or weaken law that protects social media companies
Thu, 28 May 2020 20:29:54 -0400
President Donald Trump said he will introduce legislation that may scrap or weaken a law that has protected internet companies, including Twitter and Facebook, in an extraordinary attempt to regulate social media platforms where he has been criticized.
- First Latina U.S. senator withdraws name from Biden's running mate list
Thu, 28 May 2020 19:42:19 -0400
Democrat Catherine Cortez Masto of Nevada, the first Latina elected to the U.S. Senate, said on Thursday she is not interested in being Joe Biden's running mate in November's presidential election.
- Factbox: Biden wants a woman to be his running mate. Here are some names under consideration
Thu, 28 May 2020 19:42:19 -0400
The vetting process is underway to help presumptive Democratic U.S. presidential nominee Joe Biden pick his running mate for the Nov. 3 election.
- U.N. delays crucial climate summit for a year, cites pandemic
Thu, 28 May 2020 19:41:19 -0400
The coronavirus pandemic has prompted the United Nations to delay until late 2021 a crucial climate summit that had been scheduled for Britain this year, officials said on Thursday.
- U.S. senators offer bill to prepare for the next pandemic
Thu, 28 May 2020 19:38:30 -0400
U.S. senators offered a bipartisan $3 billion plan on Thursday to prepare for the next global health crisis, putting a premium on fighting disease outbreaks and pandemics like COVID-19.
- Protests, looting erupt in Minneapolis over racially charged killing by police
Thu, 28 May 2020 19:15:59 -0400
Protesters clashed with riot police firing tear gas for a second night in Minneapolis on Wednesday in an outpouring of rage over the death of a black man seen in a widely circulated video gasping for breath as a white officer knelt on his neck.
- Wall Street ends down in late selloff; Facebook and China weigh
Thu, 28 May 2020 19:11:17 -0400
Wall Street ended lower on Thursday following a late-session reversal, with Facebook weighing on the market after President Donald Trump said he would sign an executive order related to social media companies and would hold a news conference on China on Friday.
- Nordstrom sales plunge nearly 40% on pandemic-led store closures
Thu, 28 May 2020 18:17:43 -0400
Upscale department store chain Nordstrom Inc on Thursday reported a nearly 40% slump in quarterly sales, as lockdowns to contain the COVID-19 pandemic shut stores.
- U.S. indicts North Koreans, accuses state-owned bank of evading sanctions
Thu, 28 May 2020 18:16:49 -0400
The U.S. Justice Department accused North Korea's state-owned bank of evading U.S. sanctions laws and charged 28 North Korean and five Chinese citizens in its largest crackdown on North Korea sanctions violations.
- Inside a COVID-19 hospital in India, doctors see no end in sight
Thu, 28 May 2020 17:56:08 -0400
It was barely noon on Thursday when the metal doors of the mortuary at a hospital in south New Delhi swung open and staff in white coveralls rolled out a stretcher. Mourning relatives looked on, as a body bag was loaded into an ambulance and taken away to a cemetery.
- UPS adds 'peak' surcharge amid coronavirus fueled delivery spike
Thu, 28 May 2020 17:55:02 -0400
United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of everything from packaged food to patio furniture since the coronavirus took hold in March.
- Renault poised to announce 15,000 layoffs worldwide: union
Thu, 28 May 2020 17:41:09 -0400
French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with faltering sales, a representative for the CFDT union said after meeting with the company.
- Stocks, euro rise on recovery hopes; U.S.-China rift lifts gold
Thu, 28 May 2020 17:40:30 -0400
A gauge of global equity markets climbed on Thursday on optimism for a speedy economic recovery and a massive stimulus plan in Europe helped lift regional stocks and the euro, while gold rebounded on a safety bid on deteriorating U.S.-China relations.