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Updated: 11 hours 4 min ago

Jobs gone, investments wasted: Africa's deserted safaris leave mounting toll

Thu, 06/11/2020 - 10:45am
When Khimbini Hlongwane spent most of his small safari tour company's savings on the deposit for a new minibus in February, it seemed like a safe bet.

U.S. cannot shut down economy again, Treasury's Mnuchin says

Thu, 06/11/2020 - 9:49am
The United States cannot let the coronavirus shut down its economy again, U.S. Treasury Secretary Steven Mnuchin said on Thursday, adding that more than $1 trillion in rescue funds will flow into the economy over the next month.

Coronavirus spreads among fruit and vegetable packers, worrying U.S. officials

Thu, 06/11/2020 - 9:05am
From apple packing houses in Washington state to farm workers in Florida and a California county known as "the world's salad bowl," outbreaks of the novel coronavirus are emerging at U.S. fruit and vegetable farms and packing plants.

Exclusive: Pershing Square's Ackman eyes $1 billion-plus 'blank-check' company - sources

Thu, 06/11/2020 - 7:57am
Billionaire investor William Ackman's hedge fund Pershing Square Capital Management has filed confidentially with U.S. regulators for an initial public offering (IPO) of a blank-check investment vehicle that could raise more than $1 billion and be the biggest of its kind, according to people familiar with the matter.

One of four Minneapolis police charged over Floyd's death posts bail

Thu, 06/11/2020 - 12:32am
One of the four former white Minneapolis police officers who were charged over the death of George Floyd, 46, a black man whose death in custody set off protests for police reform and racial justice, was released on bail on Wednesday.

LeBron James backs effort to prevent U.S. black vote suppression

Thu, 06/11/2020 - 12:14am
Los Angeles Lakers star LeBron James is starting a group with other black celebrities to work to prevent the suppression of the African-American vote, a person familiar with the matter said on Wednesday.

Asia stocks break winning streak, bonds rally on sober Fed

Wed, 06/10/2020 - 11:56pm
Asian shares swung lower on Thursday while bonds rallied after a downbeat economic outlook from the U.S. Federal Reserve stoked speculation it would have to add to already historic levels of stimulus to underpin a recovery.

U.S. weekly jobless claims seen declining further, but millions still unemployed

Wed, 06/10/2020 - 11:06pm
Layoffs in the United States are abating, but millions who lost their jobs because of COVID-19 continue to draw unemployment benefits, suggesting the labor market could take years to heal from the pandemic even as businesses resume hiring workers.

George Floyd's brother decries 'a modern-day lynching' in testimony to Congress

Wed, 06/10/2020 - 10:46pm
George Floyd's younger brother took his grief to the U.S. Congress on Wednesday with an impassioned plea that lawmakers not let his brother's death be in vain, lamenting that he "didn't deserve to die over $20" in a what he called a lynching.

Walmart to stop keeping 'multicutural' beauty products in locked display cases

Wed, 06/10/2020 - 10:28pm
Walmart Inc will stop keeping personal care products designed for people of color in locked display cases, the retailer said, after the practice drew flak online with many saying it suggested customers for these products cannot be trusted.

Georgia's election mess offers a stark warning for November

Wed, 06/10/2020 - 10:01pm
Georgia's tumultuous primary elections on Tuesday offer a grim preview of what could happen in November if states move to voting by mail and polling places are sharply reduced due to concerns about the coronavirus pandemic.

Democrats challenge rule that could toss 'thousands' of Arizona votes

Wed, 06/10/2020 - 9:58pm
Democrats on Wednesday challenged an Arizona rule that they said could result in "thousands" of mail-in ballots not being counted in what could be a critical U.S. election battleground state.

U.S. could reach 200,000 coronavirus deaths in September, expert says

Wed, 06/10/2020 - 9:57pm
The United States may see 200,000 deaths because of the coronavirus at some point in September, a leading expert said, while total U.S. coronavirus cases surpassed 2 million on Wednesday as governments relax restrictions.

Australian PM on China tensions: country won't trade values in response to 'coercion'

Wed, 06/10/2020 - 9:56pm
Australian Prime Minister Scott Morrison said that he would not be intimidated or give into coercion when asked on Thursday whether Australia would keep taking hits on exports from major trading partner China.

Amazon pauses police use of its facial recognition tech for a year

Wed, 06/10/2020 - 9:16pm Inc on Wednesday said it was implementing a one-year moratorium on police use of its facial recognition software, halting a business it long defended as many protested law enforcement brutality against people of color.

NASCAR bans Confederate flag from race tracks

Wed, 06/10/2020 - 9:15pm
NASCAR on Wednesday banned the Confederate flag from all races as the sport moved to distance itself from a checkered past on race amid global protests against the death of George Floyd while in Minneapolis police custody.

Factbox: What changes are governments making in response to George Floyd protests?

Wed, 06/10/2020 - 9:10pm
Protests over the death of George Floyd while in Minneapolis police custody have prompted government and police officials across the United States to enact or propose changes aimed at showing demonstrators that their concerns about police brutality and racism are being heard.

Exclusive: Lilly COVID-19 treatment could be authorized for use as soon as September - chief scientist

Wed, 06/10/2020 - 9:09pm
Eli Lilly and Co could have a drug specifically designed to treat COVID-19 authorized for use as early as September if all goes well with either of two antibody therapies it is testing, its chief scientist told Reuters on Wednesday.

Protesters tear down Christopher Columbus statue in Saint Paul, Minnesota

Wed, 06/10/2020 - 8:42pm
A group of protesters pulled down a statue of Italian explorer Christopher Columbus in Saint Paul, Minnesota, on Thursday, the latest U.S. monument to be torn down amid nationwide demonstrations against police brutality and racial inequalities.

U.S. Soccer says it will allow protests during anthem

Wed, 06/10/2020 - 8:32pm
The U.S. Soccer Federation on Wednesday said it had repealed its requirement that players stand during the national anthem, saying the policy was wrong and detracted from the Black Lives Matter movement.