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Updated: 6 hours 48 min ago

U.S. health agency reverses Obamacare transgender protections

Fri, 06/12/2020 - 8:22pm
The U.S. Department of Health and Human Services issued a rule on Friday that would lift anti-discrimination protections under Obamacare for transgender people and women seeking abortions, drawing condemnation from Democratic lawmakers.

Facebook fires employee who protested inaction on Trump posts

Fri, 06/12/2020 - 8:21pm
Facebook Inc fired an employee who had criticized Chief Executive Mark Zuckerberg's decision not to take action against inflammatory posts by U.S. President Donald Trump this month, citing his tweet challenging a colleague's silence on the issue.

New York City oversight bill to force police to detail surveillance tools

Fri, 06/12/2020 - 8:19pm
New York City politicians are expected to vote next week to force the largest police force in the United States to divulge the surveillance technology it uses, one of many reforms of law enforcement being considered across the country.

Canada spy agency warned of 'shock waves' from arrest of Huawei founder's daughter

Fri, 06/12/2020 - 7:45pm
Canada's intelligence agency warned that arresting the daughter of billionaire Huawei founder Ren Zheng would set off global "shock waves" and seriously affect ties with China, just before her detention in Vancouver on a U.S. extradition request, new court documents show.

Wall Street Week Ahead: Investors bet bounce in value stocks will stick

Fri, 06/12/2020 - 7:31pm
As the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally.

Brazil's COVID-19 deaths surge past UK, WHO says hospital system coping

Fri, 06/12/2020 - 5:40pm
Brazil's COVID-19 death toll overtook Britain's on Friday to become the second highest in the world with 41,828 dead, but the World Health Organization said the nation's health system was standing up to the pressure.

Voices from U.S. protests against police brutality: 'You can't just sit on the sidelines'

Fri, 06/12/2020 - 5:39pm
Americans have taken to the streets following the death of George Floyd, who died in Minneapolis on May 25 after a white police officer pinned his knee against his neck for nearly nine minutes.

Google, NFL latest to call for Juneteenth commemorations

Fri, 06/12/2020 - 5:33pm
Google and the National Football League have joined a growing list of U.S. private sector organizations choosing to commemorate June 19th, the date marking the emancipation of the last remaining slaves at the end of the U.S. Civil War.

Wall Street ends higher but indexes mark worst week since March selloff

Fri, 06/12/2020 - 5:13pm
U.S. stocks ended higher on Friday as bargain hunters stepped back into the market following sharp losses a day earlier, but all three major indexes suffered their biggest weekly percentage declines since March.

Trump says police generally should not use choke holds

Fri, 06/12/2020 - 4:07pm
U.S. President Donald Trump said in an interview aired on Friday it would be a good thing if police use of choke holds was ended in most instances, although he suggested their use would be understandable in situations where an officer was in danger.

Zoom hits political turbulence in Washington, Beijing; lobbyists ready

Fri, 06/12/2020 - 3:59pm
Zoom Video Communications, whose remote meeting app made the obscure California company a hub for global communications during the coronavirus pandemic, now finds itself fighting political battles in Washington and Beijing.

World shares modestly higher as investors mull coronavirus, recovery outlook

Fri, 06/12/2020 - 3:55pm
Global equity markets rose in choppy trading on Friday as concerns triggered by the U.S. Federal Reserve's less-than-optimistic outlook for an economic recovery and a jump in U.S. coronavirus cases gave investors pause.

U.S. insurers use lofty estimates to beat back coronavirus claims

Fri, 06/12/2020 - 3:25pm
U.S. property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses they are neither able nor required to cover.

U.S. consumer confidence rises; COVID-19, unemployment shadow lingers

Fri, 06/12/2020 - 12:48pm
U.S. consumer sentiment perked up in early June as households cheered the reopening of businesses and a surprise rebound in hiring, though they did not expect a significant improvement in the economy amid fears of a resurgence in COVID-19 infections.

New York's Cuomo ties municipal funding to police reforms and fight against racism

Fri, 06/12/2020 - 12:45pm
New York Governor Andrew Cuomo on Friday said he would cut funding for local governments that fail to adopt reforms addressing excess use of force and bias in their police departments by April 2021.

Wall Street rises after biggest pullback since March

Fri, 06/12/2020 - 12:42pm
Wall Street's main indexes rose on Friday, as bargain hunters returned after a punishing session a day earlier, but the indexes were still on track for their worst week in nearly three months on fears over new coronavirus cases and economic worries.

Exclusive: U.S. senators draft plan to reform new plane design approvals after 737 MAX crashes

Fri, 06/12/2020 - 12:35pm
Two key U.S. senators are circulating a bipartisan draft bill that would reform how the Federal Aviation Administration certifies new aircraft in the wake of two fatal Boeing 737 MAX crashes that killed 346 people.

Iran rejects UN report that arms 'of Iranian origin' used in Saudi attacks

Fri, 06/12/2020 - 12:23pm
Iran on Friday rejected a United Nations report that said cruise missiles used in attacks on oil facilities and an airport in Saudi Arabia last year were of "Iranian origin", saying it had been drawn up under U.S. and Saudi influence.

Young U.S. men having a lot less sex in the 21st century, study shows

Fri, 06/12/2020 - 11:45am
Sexual activity among young American men has declined sharply since 2000, with nearly a third reporting no sex with a partner in the prior year, according to a survey study published on Friday that suggests social media and electronic gaming might be filling the void.

U.S. appeals court skeptical of bid by ex-Trump adviser Flynn to end criminal case

Fri, 06/12/2020 - 11:37am
A U.S. appeals court on Friday appeared skeptical of the Justice Department's unprecedented effort to drop a criminal case against President Donald Trump's former adviser Michael Flynn, signaling no quick end to the politically charged prosecution.