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Updated: 2 hours 41 min ago

Trump supports Senate Republicans' policing bill: White House

Wed, 06/17/2020 - 12:41pm
U.S. President Donald Trump fully backs Senate Republicans' police reform bill unveiled earlier on Wednesday, White House spokeswoman Kayleigh McEnany told reporters at a briefing.

In Tulsa, fears that Trump rally may worsen racial unrest, spread of coronavirus

Wed, 06/17/2020 - 12:34pm
When President Donald Trump takes the stage at his first rally in three months on Saturday night, the scene in Tulsa, Oklahoma, will be familiar: a large venue filled with ardent supporters wearing "Keep America Great” hats and T-shirts.

Ahead of Trump rally in Tulsa, new coronavirus cases set records in Oklahoma

Wed, 06/17/2020 - 12:28pm
New coronavirus cases in Oklahoma increased by a record amount just days ahead of U.S. President Donald Trump's campaign rally in Tulsa, the biggest event in the country since pandemic restrictions were imposed in March.

S&P 500, Dow muted as rising COVID-19 cases dent recovery hopes

Wed, 06/17/2020 - 12:25pm
The S&P 500 and the Dow edged higher in choppy trading on Wednesday as hopes of a swift recovery from a coronavirus-driven downturn were dented by fears of a record rise in coronavirus cases in six U.S. states.

PepsiCo to drop Aunt Jemima name, criticized for racist history; Uncle Ben's under review

Wed, 06/17/2020 - 12:18pm
PepsiCo Inc will change the name and brand image of its Aunt Jemima pancake mix and syrup, it said on Wednesday, dropping a mascot that has been criticized for a racist history.

Biden to discuss economic recovery plan in key battleground visit

Wed, 06/17/2020 - 12:09pm
Democratic presidential candidate Joe Biden will discuss plans to safely reopen a U.S. economy ravaged by the coronavirus pandemic when he visits the must-win election battleground of Pennsylvania on Wednesday for the third time this month.

U.S. Justice Department proposes rolling back protections for big tech

Wed, 06/17/2020 - 12:01pm
The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections that big tech platforms like Alphabet's Google and Facebook have had for decades, a senior official said, following through on U.S. President Donald Trump's bid to crack down on tech giants.

U.S. homebuilding rises moderately; jump in permits hints at green shoots

Wed, 06/17/2020 - 11:59am
U.S. homebuilding increased less than expected in May, but a strong rebound in permits for future home construction suggested the housing market was starting to emerge from the COVID-19 crisis along with the broader economy.

Exclusive: Amid Brexit impasse, Germany urges no-deal preparations - document

Wed, 06/17/2020 - 11:59am
The German government is urging other EU states to prepare for a no deal Brexit, according an internal document that casts doubt on Britain's optimism over chances of an early agreement on its future ties with the bloc.

Stocks seesaw as rising coronavirus cases offset recovery hopes

Wed, 06/17/2020 - 11:36am
Equity markets around the world seesawed on Wednesday as the prior day's rally on economic and vaccine hopes faded, while fresh coronavirus outbreaks and rising geopolitical tensions in Asia boosted demand for the dollar and safe-haven debt.

India, China want peace but blame each other after deadly border clash

Wed, 06/17/2020 - 11:36am
India and China said they wanted peace but blamed each other on Wednesday after soldiers of the two sides savagely fought each other with nail-studded clubs and stones on their Himalayan border, killing at least 20 Indian troops.

Russia hopes India, China find mutually-acceptable solution to border clashes: Ifax

Wed, 06/17/2020 - 11:36am
Russia's foreign ministry said on Wednesday it hoped India and China would find mutually acceptable ways to ensure security on their border following deadly clashes, the Interfax news agency reported.

China says it has agreed with India to de-escalate border situation

Wed, 06/17/2020 - 11:35am
China and India have agreed to de-escalate the situation at their border as soon as possible following a clash between the their troops, the Chinese foreign ministry said on Wednesday.

Exclusive: Who's in charge at Nissan? COO's allies push to give him shared CEO role – sources

Wed, 06/17/2020 - 11:23am
Nissan's chief operating officer Ashwani Gupta helped engineer the troubled automaker's latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO to drive the new strategy, said four people with direct knowledge.

Charging decision to be announced in Atlanta police shooting death of Rayshard Brooks

Wed, 06/17/2020 - 10:54am
A Georgia county prosecutor is set to announce on Wednesday whether a fired Atlanta police officer will face criminal charges in the shooting death of Rayshard Brooks in the parking lot of a Wendy's fast-food restaurant last week.

Iowa governor pledges to restore voting rights to some felons

Wed, 06/17/2020 - 10:44am
Iowa Governor Kim Reynolds has committed to restoring voting rights to those with past felony convictions, according to a Radio Iowa report, potentially expanding the electorate in a state that could be competitive in the Nov. 3 presidential election.

Van Gogh-Gauguin letter describing brothel visits sells for 210,000 euros

Wed, 06/17/2020 - 9:05am
A letter written by Vincent van Gogh and fellow artist Paul Gauguin describing visits to brothels and discussing the future of art has been sold at auction for 210,600 euros ($237,700).

India, China troops clash at Himalayan border, 'casualties on both sides'

Wed, 06/17/2020 - 12:50am
India's army said on Tuesday 20 of its soldiers had been killed in clashes with Chinese troops at a disputed border site, in a major escalation of a weeks-long standoff between the two Asian giants in the western Himalayas.

North Korea rejects South's offer of envoys, vows to redeploy troops to border

Wed, 06/17/2020 - 12:35am
North Korea on Wednesday rejected South Korea's offer to send special envoys to ease escalating tensions over defector activity and stalled reconciliation efforts and vowed to redeploy troops to border areas.

Asia stocks turn cautious on virus surge, geopolitics

Wed, 06/17/2020 - 12:24am
Asian share markets took a cautious turn on Wednesday as a resurgence of global coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in U.S. retail sales in May broke all records.