Peter Altmaier (CDU), Federal Minister of Economics and Energy, speaks at the virtual Gaia-X expert forum of the Federal Ministry of Economics. picture alliance The two biggest economies in the European Union hope they have an answer to the domination enjoyed by American and Chinese companies in the cloud computing […]
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Coronavirus live updates: India becomes third country to cross 1 million cases
The debate over face coverings persists around the U.S. with Georgia Gov. Brian Kemp doubling down by voiding local and city masking requirements. Major retailers, including Walmart, Best Buy and Apple, are requiring shoppers to wear face coverings. Here are some of today’s biggest developments: The following data was compiled […]
China’s banks brace for more bad loans as coronavirus-hit economy slows
The skyline of the Lujiazui financial district in Shanghai, China. Hector Retamal | AFP | Getty Images Chinese banks have so far emerged relatively unscathed as the coronavirus pandemic hit economies around the world — but that could change in the coming months. Rising bad loans are set to squeeze margins and […]
Trump administration weighs travel ban for Chinese Communist Party members, source says
U.S. President Donald Trump makes an announcement about U.S. trade relations with China and Hong Kong in the Rose Garden of the White House in Washington, May 29, 2020. Jonathan Ernst | Reuters The Trump administration is considering banning travel to the United States by all members of the Chinese […]
Georgia Gov. Brian Kemp sues Atlanta mayor over city’s face mask mandate
Georgia Governor Brian Kemp speaks to the media during a press conference at the Georgia State Capitol on April 27, 2020 in Atlanta, Georgia. Kevin C. Cox | Getty Images Georgia’s governor on Thursday sued Atlanta’s mayor over that city’s mask law, a day after the governor banned local governments […]
Changing course in a pandemic: How one man, afraid to leave his front porch, turned a panicked moment into a movement
It started with a post on social media. Shawn Dromgoole, a 29-year-old resident of South Nashville, Tennessee, took to Facebook and Nextdoor, a popular neighborhood networking app, to share that he was scared to walk around the now-gentrified neighborhood he grew up in. His family has lived there for generations. […]
Female ex-staffers accuse Washington, D.C., NFL team officials of sexual harassment, verbal abuse
Washington Redskins owner Daniel Snyder prior to the National Football League game between the New York Giants and the Washington Redskins on September 29, 2019 at MetLife Stadium in East Rutherford, NJ. Rich Graessle | Icon Sportswire via Getty Images A report in The Washington Post says 15 women are […]
Stock futures rise slightly as Wall Street tries to recover from Thursday’s drop
U.S. stock futures were up slightly Thursday night following a volatile session in that snapped a four-day winning streak for one of the major averages. Dow Jones Industrial Average futures gained 61 points, or 0.2%. S&P 500 futures climbed 0.2% as well and Nasdaq-100 futures advanced 0.5%. During regular trading, […]
The market is at a crossroads with surging coronavirus cases and the election looming, Ally Invest strategist says
One of Wall Street’s top strategists is reining in her summer rally forecast. Ally Invest’s Lindsey Bell cites the spike in coronavirus cases across the country as the main catalyst behind her decision. “In the last couple of weeks, especially the last seven days, you’ve see a significant jump in […]
Coronavirus live updates: Florida faces remdesivir shortages, Republicans cap convention size
The debate over face coverings persists around the U.S. with Georgia Gov. Brian Kemp doubling down by voiding local and city masking requirements. Major retailers, including Walmart, Best Buy and Apple, are requiring shoppers to wear face coverings. Here are some of today’s biggest developments: The following data was compiled […]