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UK-China ties freeze with debate over Huawei, Hong Kong
UK-China ties freeze with debate over Huawei, Hong Kong
| July 12th | 2020  3:52PM
UK-China ties freeze with debate over Huawei, Hong Kong
LONDON (AP) — Only five years ago, then-British Prime Minister David Cameron was celebrating a “golden era” in U.K.-China relations, bonding with President Xi Jinping over a pint of beer at the pub and signing off on trade deals worth billions. Those friendly scenes now seem like a distant memory. Hostile rhetoric has ratcheted up in recent days over Beijing’s new national security law for Hong Kong.
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Chatham announces plan to buy newspaper publisher McClatchy
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| July 12th | 2020  3:25PM
Chatham announces plan to buy newspaper publisher McClatchy
NEW YORK (AP) — Hedge fund Chatham Asset Management plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control. The companies did not put a price on the deal in an announcement Sunday. The agreement still needs the approval of a bankruptcy judge; a hearing is scheduled for July 24. McClatchy is one of the largest newspaper companies in the U.S.
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The Latest: Surgeon general urges face coverings
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| July 12th | 2020  1:44PM
The Latest: Surgeon general urges face coverings
WASHINGTON -- Surgeon General Jerome Adams said Sunday the Trump administration is “trying to correct” its guidance from earlier in the coronavirus epidemic that wearing face coverings was not necessary. With virus cases surging and many states and cities now issuing orders to wear masks in public, Adams said he and other administration officials were wrong back in March.
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The Latest: French fans allowed back into stadium for soccer
The Latest: French fans allowed back into stadium for soccer
| July 12th | 2020  12:59PM
The Latest: French fans allowed back into stadium for soccer
LE HAVRE, France — For the first time since the coronavirus shut down sports and chased away spectators, Neymar and Kylian Mbappe were starring in Sunday's return of fans to elite European soccer. “Now it’s for real ... we’re back,” Mbappe tweeted before the kick-off of Paris Saint-Germain against Le Havre, an exhibition match that was…
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Average US gas price up 2 cents over 2 weeks to $2.24/gallon
Energy industry news icon
| July 12th | 2020  12:58PM
Average US gas price up 2 cents over 2 weeks to $2.24/gallon
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline increased by 2 cents over the past two weeks, to $2.24 per gallon. That’s 59 cents below the average pump price from a year ago. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the increase comes as crude oil prices rise.
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The Latest: DeVos downplays risks of return to schools
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| July 12th | 2020  12:39PM
The Latest: DeVos downplays risks of return to schools
WASHINGTON -- Education Secretary Betsy DeVos is downplaying the risk of sending kids back to school despite surging coronavirus cases in many parts of the U.S. Speaking in Sunday TV interviews, DeVos stressed that kids attending school in the fall should be the rule, not the exception. She asserted that “there’s nothing…
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The Latest: Italy sees jump in new coronavirus cases
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| July 12th | 2020  12:08PM
The Latest: Italy sees jump in new coronavirus cases
ROME — Local outbreaks of COVID-19 among workers at a courier service in northern Italy and among migrants rescued in the Mediterranean Sea have helped swell an increase in the nation’s daily new cases. Calabria, which in recent days had been registering a couple or even no new daily coronavirus infections, had 28 new cases on Sunday,…
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The Latest: Record high level of new infections in Florida
The Latest: Record high level of new infections in Florida
| July 12th | 2020  11:48AM
The Latest: Record high level of new infections in Florida
ST. PETERSBURG, Fla. — Florida on Sunday reported the largest single-day increase in positive coronavirus cases in any one state since the beginning of the pandemic. According to state Department of Health statistics, 15,299 people tested positive, for a total of 269,811 cases. California had the previous record of daily positive cases — 11,694, four days ago.
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The Latest: Party prompts new mask rules at French resort
Social affairs news icon
| July 12th | 2020  11:10AM
The Latest: Party prompts new mask rules at French resort
PARIS — After images of thousands of people dancing provoked renewed debate in France over social distancing, the mayor of the Mediterranean resort of Nice announced Sunday that face masks will be obligatory at all of the city’s events from now on. Video of dense crowds dancing at a DJ’s outdoor set on Saturday night drew hundreds of thousands of views and criticism that many partygoers didn’t wear masks or stay apart.
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The Latest: White House expert urges using masks in public
Social affairs news icon
| July 12th | 2020  10:40AM
The Latest: White House expert urges using masks in public
WASHINGTON — A member of the White House coronavirus task force said Sunday that despite a surge in cases across the country, the situation “is not out of control.’’ Brett Giroir said it’s going to take “a lot of effort and everybody’s going to have to do their part’’ to combat the pandemic. And the assistant secretary…
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The Latest: Kosovo reimposes limits on prayer gatherings
Legislature news icon
| July 12th | 2020  10:21AM
The Latest: Kosovo reimposes limits on prayer gatherings
PRISTINA, Kosovo — Muslim authorities in Kosovo on Sunday reimposed some limits on prayers at mosques due to rising numbers of infections from the new coronavirus. A statement by the Islamic community of Kosovo, the highest local governing body of the faith, said mass gatherings would be suspended, with no more than 50 people at a time…
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The Latest: Cases of COVID-19 surging in South Africa
Legislature news icon
| July 12th | 2020  8:51AM
The Latest: Cases of COVID-19 surging in South Africa
JOHANNESBURG -- With surging confirmed cases of COVID-19, South Africa is now ranked as the ninth most affected country by the disease, according to Johns Hopkins University. South Africa has 264,184 cases, including 3,971 deaths, accounting for more than 40% of all the reported cases in Africa. More than 30% of South Africa’s cases are…
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The Latest: Hungary reimposing restrictions on some arrivals
Legislature news icon
| July 12th | 2020  6:32AM
The Latest: Hungary reimposing restrictions on some arrivals
BUDAPEST, Hungary — The Hungarian government said Sunday that it will reimpose restrictions, such as mandatory two-week quarantines or bans, on people arriving from countries where the rate of coronavirus infections is considered to be moderate or high. “We see worrisome signs about an increase in the number of cases in the neighboring…
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Games maker Ubisoft shakes up staff amid misconduct probe
Games maker Ubisoft shakes up staff amid misconduct probe
| July 12th | 2020  6:19AM
Games maker Ubisoft shakes up staff amid misconduct probe
PARIS (AP) — French gaming giant Ubisoft is parting ways with its creative director and two other executives and promising zero tolerance for “toxic" staff behavior following an internal investigation of misconduct and media reports of sexual harassment. In a statement Sunday, Ubisoft CEO Yves Guillemot said the developer of “Assassin’s…
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The Latest: Vatican highlights plight of maritime workers
Crime news icon
| July 12th | 2020  5:41AM
The Latest: Vatican highlights plight of maritime workers
VATICAN CITY — The Vatican is highlighting the plight of maritime workers during the pandemic, saying bans on shore leave are severely stressing crews stuck aboard ship, some to the point of suicide. Cardinal Peter A. Turkson, who heads a Vatican office dealing with issues of human development, said in a message Sunday that maritime workers…
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As beach towns open, businesses are short foreign workers
As beach towns open, businesses are short foreign workers
| July 12th | 2020  1:12AM
As beach towns open, businesses are short foreign workers
BOSTON (AP) — At this time of the year, The Friendly Fisherman on Cape Cod is usually bustling with foreign students clearing tables and helping prepare orders of clam strips or fish and chips. But because of a freeze on visas, Janet Demetri won't be employing the 20 or so workers this summer. So as the crowds rush back, Demetri must…
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Lawyers seek to halt Purdue Pharma political contributions
Lawyers seek to halt Purdue Pharma political contributions
| July 11th | 2020  7:56PM
Lawyers seek to halt Purdue Pharma political contributions
OxyContin maker Purdue Pharma should not be able to make any more political contributions without a judge's permission, lawyers for its creditors said in a court filing. The issue came up this week after it was reported that the company, which has a long history of influencing policymakers, made contributions to national associations…
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3 Smart Buys Ahead of Earnings Season
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| July 11th | 2020  7:30AM
3 Smart Buys Ahead of Earnings Season
As earnings season approaches, investors are on the lookout for companies that offer a good entry point with the potential to head higher on positive results. The truth is that it can be quite difficult to trade earnings since you have to be right on how the market reacts to the release as well as the direction the stock moves. That’s why it’s…
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MarketBeat: Week in Review
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| July 11th | 2020  7:00AM
MarketBeat: Week in Review
It was another volatile week for equity markets. The Dow continued its up-again, down-again pattern, but the Nasdaq surged to a record high. It’s further evidence that timing the market is a fool’s errand. However, when you understand the reasons the market is moving, it can help you position your portfolio for gains. And in advance of…
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