Headline
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Twitter: Trump Violates Our Policy Against Abusive Behavior
2020-06-23 22:11:12 UTC
(Reuters) - Twitter Inc on Tuesday placed a warning notice on a tweet from U.S. President Donald Trump which threatened “serious force” against protesters in the U.S. capital, saying it violated the company’s policy against abusive behavior.
“There will never be an ‘Autonomous Zone’ in Washin...
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Facebook Pulls Down Trump Ads Over Symbol Used By Nazis
2020-06-19 01:25:16 UTC
<p>WASHINGTON (AP) — Facebook has removed campaign ads by President Donald Trump and Vice President Mike Pence that featured an upside-down red triangle, a symbol once used by Nazis to designate political prisoners, communists and others in concentration camps.</p><p>The company said in a s...
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Trump Had Asked China for Help To Win Reelection
2020-06-17 20:42:36 UTC
WASHINGTON (Reuters) - In a series of bombshell allegations, U.S. President Donald Trump’s former national security adviser, John Bolton, said on Wednesday that Trump sought Chinese President Xi Jinping’s help to win re-election during a closed-door June 2019 meeting.
Bolton, who Trump fired i...
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Black Lives Matter: More Protesters Pour Into Streets
2020-06-07 04:12:49 UTC
RAEFORD, N.C. (AP) — Washington prepared for what was expected to be the city’s largest demonstration yet against police brutality.
Military vehicles and officers in fatigues closed off much of downtown Washington to traffic ahead of the planned march, which was expected to attract up to 200,0...
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More Than A Century Old Hertz Filed For Bankruptcy
2020-05-23 16:59:28 UTC
<p>NEW YORK (Reuters) - The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much needed relief.</p><p>Hertz’s board earli...
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Surviving COVID-19 May Result in Immunity from Reinfection
2020-05-20 20:35:31 UTC
CHICAGO (Reuters) - Two studies in monkeys published on Wednesday offer some of the first scientific evidence that surviving COVID-19 may result in immunity from reinfection, a positive sign that vaccines under development may succeed, U.S. researchers said on Wednesday.
Although scientists ha...
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Turmoil in US: Trump Fires Watchdog Investigating Pompeo
2020-05-16 17:15:45 UTC
<p>WASHINGTON — US President Donald Trump fired State Department Inspector General Steve Linick, saying he had lost confidence in the watchdog's ability to serve.</p><p>Trump did not give a reason for his loss of confidence but said in a letter late Friday that his removal would be...
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U.S. Trails Far Behind Europe in Social Safety Response to COVID-19
2020-05-10 17:17:07 UTC
The coronavirus pandemic is straining social safety nets across the globe — and underlining sharp differences in approach between wealthy societies such as the United States and Europe.
In Europe, the collapse in business activity is triggering wage support programs that are keeping millions ...
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US-UK Trade Talks at Risk With No-Deal Brexit
2020-05-05 01:13:57 UTC
WASHINGTON (Reuters) - The top U.S. business lobby on Monday urged Britain to conclude a bilateral trade deal with the European Union as quickly as possible to remove uncertainty that is limiting investment flows and could pose risks to its trade talks with the United States.
The Chamber of C...
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EU: Germany's Financial Aid Can Be Locomotive for Europe
2020-05-04 19:30:26 UTC
BRUSSELS (Reuters) — Germany’s extensive bailouts of coronavirus-hit companies can work as a locomotive for Europe, the EU’s competition chief said on Monday amid criticism from other, less wealthy EU countries about what they see as an unfair edge given to German firms.
To date, a whopping 52...
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UK's Small Business Loans Begin Today
2020-05-03 23:56:19 UTC
LONDON (Reuters) - A government-backed loan scheme to help Britain’s small businesses survive the coronavirus lockdown comes into effect on Monday, allowing firms such as hairdressing salons, coffee shops and florists to receive emergency cash.
Finance minister Rishi Sunak, who previously opp...
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Impasse: No Progress in Brexit Talks
2020-04-28 13:22:21 UTC
BRUSSELS (Reuters) - Negotiations between the European Union (EU) and ex-member Britain over new trade arrangements from next year are at an impasse due to disagreements and the coronavirus crisis, according to diplomats and officials in the bloc’s hub Brussels.
Halted when the epidemic starte...
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European Carmakers Reopening Plants as COVID-19 Lockdown Eases
2020-04-27 18:58:17 UTC
FRANKFURT (Reuters) - German carmaking giant Volkswagen resumed production at its biggest factory on Monday as part of a broader industry drive to get back to work in Europe, where the coronavirus pandemic has hammered demand and pushed up inventory levels.
Encouraged by a fall in infection ra...
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Only 23% of Americans Trust Trump's Coronavirus Briefing
2020-04-23 22:58:15 UTC
WASHINGTON (AP) — President Donald Trump has made himself the daily spokesman for the nation’s coronavirus response. Yet few Americans regularly look to or trust Trump as a source of information on the pandemic, according to a new survey from The Associated Press-NORC Center for Public Affairs Re...
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U.S. Crude Oil Crashes Below $0
2020-04-20 21:51:34 UTC
NEW YORK (AP) — Oil futures plunged below zero on Monday, the latest never-before-seen number to come out of the economic coma caused by the coronavirus pandemic.
Stocks and Treasury yields also dropped on Wall Street, with the S&P 500 down 1.8%, but the market’s most dramatic action by far w...
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Germany's Unemployment Rate Stays Low Despite COVID-19
2020-04-16 21:19:06 UTC
BERLIN — Governments around the world have been fighting two battles against COVID-19, one of public health and one in the economic area. Once measures were taken to protect public health with lockdowns and stringent social distancing regulations, other measures were immediately needed to mitigat...
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Trump's WHO Decision "Selfish, Short-Sighted and Wrong"
2020-04-16 21:23:54 UTC
GENEVA (AP) — Nations and health experts worldwide reacted with alarm Wednesday after President Donald Trump announced a halt to the sizable funding the United States sends to the World Health Organization. They warned that the move could jeopardize global efforts to stop the coronavirus pandemic...
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UK Economy Will Suffer Devastating Consequences of COVID 19
2020-04-14 19:37:59 UTC
LONDON (Reuters) - Britain’s economy could shrink by 13% this year due to the government’s coronavirus shutdown, its deepest recession in three centuries, and public borrowing is set to surge to a post-World War Two high, the country’s budget forecasters said.
In the April-June period alone, e...
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UK Is Significantly UnderReporting Covid-19 Deaths
2020-04-14 18:32:21 UTC
LONDON (Reuters) - The United Kingdom’s true death toll from the novel coronavirus far exceeds estimates previously published by the government, according to broader official data that include deaths in the community such as in nursing homes.
Even before the new figures, the official British d...
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EU Countries Agree to $550 Billion in Economic Support
2020-04-10 14:32:55 UTC
BRUSSELS (Reuters) - European Union finance ministers agreed on Thursday on half-a-trillion euros ($550-Billion) worth of support for their coronavirus-battered economies but left open the question of how to finance recovery in the bloc headed for a steep recession.
The agreement was reached a...
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Global Economy Heading Into Deepest Recession Since 1929
2020-04-09 21:43:41 UTC
WASHINGTON (AP) — The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world’s poorest countries suffering the most, the head of the International Monetary Fund said Thursday.
“We anticipate the worst economic fallout since the G...
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California Buys 200 Million N95 Masks on a Monthly Basis
2020-04-08 17:43:48 UTC
Can California emerge from coronavirus pandemic stronger? Heroic Leaders and big hearted people offer hope.
Dr. Robert Wachter, professor and chair of the Department of Medicine at University of California, San Francisco, said "The most important was that leaders of all types - whether they we...
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Trump Removes $2 Trillion Coronavirus Spending Watchdog
2020-04-07 22:59:07 UTC
WASHINGTON (AP) — President Donald Trump has removed the inspector general tapped to chair a special oversight board for the $2.2 trillion economic relief package on the coronavirus, the latest in a series of steps Trump has taken to confront government watchdogs tasked with oversight of the exec...
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Economist: “The U.S. Labor Market Is In Free-Fall”
2020-04-02 05:32:09 UTC
<p>WASHINGTON (Reuters) - The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a row as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession. ...
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Markets Fall Sharply as Coronavirus Outbreak Worsens
2020-04-01 21:41:27 UTC
<p>NEW YORK (AP) — Wall Street and markets around the world fell sharply Wednesday as the economic and physical toll caused by the coronavirus outbreak mounts — and as experts say they still can’t predict when it will end.</p><p>The S&P 500 lost 4.4% after the White House sa...