Finance news

• Some Minneapolis officers vow support for department change

  11-06-2020 23:58 via news.yahoo.com
  
  A group of Minneapolis police officers on Thursday condemned the former officer charged with murder in George Floyd’s death, and said they're ready to back the police chief’s promised overhaul of the department.Fourteen officers signed an open letter Thursday addressed to “Dear Everyone -- but especially Minneapolis citizens.”The letter says Officer Derek Chauvin “failed as a human” and “stripped George Floyd of his dignity and life.”
  
  Read more

• Google fires back at Sonos with its own lawsuit after the smart speaker company sued it over alleged patent infringement

  11-06-2020 23:55 via news.yahoo.com
  
  Google said it must "assert its intellectual property rights" as the relationship between the two companies begins to sour.
  
  Read more

• A bill letting kids in Tennessee miss an hour of school a day to go to church heads to governor's desk

  11-06-2020 23:52 via news.yahoo.com
  
  HB 2542 also authorizes school buses to transport students to religious instruction.
  
  Read more

• Trump fans cheer and whoop as he describes coronavirus as 'the plague from China'

  11-06-2020 23:51 via news.yahoo.com
  
  Supporters of Donald Trump cheered as the president told an audience that coronavirus had many names, but he preferred to call it "the plague from China".Talking at a round table on police reform in Dallas, Mr Trump darted across topics from hurricanes to oil to the coronavirus in the span of minutes before lingering on the pandemic when the pro-Trump crowd cheered in support.
  
  Read more

• Advertisement

• New York's Cuomo defends Columbus statues for symbolism to Italian Americans

  11-06-2020 23:43 via news.yahoo.com
  
  New York should keep statues honoring Christopher Columbus even though the brutalization of the West Indies inhabitants he encountered on his voyages to the New World is inexcusable, Governor Andrew Cuomo said on Thursday.Cuomo said Columbus was an important figure for Italian Americans, symbolizing their contribution to New York, and for that reason, he opposes removal of the statues.With protesters attacking statues of Columbus in recent days during anti-racist demonstrations, Cuomo was asked
  
  Read more

• Trump says he’s finalizing executive order on police reform

  11-06-2020 23:36 via politico.com
  
  The president rejects calls for defunding law enforcement and says changes will include allowing social workers to join officers.
  
  Read more

• Coronavirus: Fracas on Brazil's Copacabana over Covid-19 'graves'

  11-06-2020 23:32 via news.yahoo.com
  
  A symbolic monument to Brazil's coronavirus victims is mocked by Bolsonaro supporters, organisers say.
  
  Read more

• Trump plans order on policing, opposes major reforms

  11-06-2020 23:28 via news.yahoo.com
  
  President Donald Trump on Thursday announced modest plans for an executive order on policing, while making it clear he would not support sweeping proposals in response to protests against police brutality prompted by the killing of George Floyd.Speaking at a campaign-style event at a church in Dallas, Trump said the order would advise police departments to adopt national standards for the use of force.Trump repeatedly stated his support for police and said progress would not be made by labeling
  
  Read more

• Advertisement

• This is the PlayStation 5, coming in holiday 2020

  11-06-2020 23:12 via news.yahoo.com
  
  We just learned a lot more about Sony's mysterious next-gen PlayStation game console, the PlayStation 5.
  
  Read more

• Senator asks if hygiene is reason 'colored' people get virus

  11-06-2020 23:08 via news.yahoo.com
  
  A Republican lawmaker questioned on the Ohio Senate floor if “the colored population” is contracting coronavirus at disproportionate rates because they do not wash their hands “as well as other groups.”The American Civil Liberties Union called for state Sen. Steve Huffman to step down from office Thursday following his comments that were made during a hearing for a resolution to declare racism a public health crisis.Huffman, who is also a Dayton-area emergency room physic
  
  Read more

• Legislator's comments about black people, hygiene draw fury

  11-06-2020 23:08 via news.yahoo.com
  
  A Republican lawmaker questioned on the Ohio Senate floor if “the colored population” is contracting coronavirus at disproportionate rates because they do not wash their hands “as well as other groups.”The American Civil Liberties Union called for state Sen. Steve Huffman to step down from office Thursday following his comments that were made during a hearing for a resolution to declare racism a public health crisis.Huffman, who is also a Dayton-area emergency room physic
  
  Read more

• Minneapolis police rank-and-file condemn ex-officer charged in George Floyd's death

  11-06-2020 23:02 via news.yahoo.com
  
  The 14 officers wrote a letter that was posted on the website of the Minneapolis Star-Tribune newspaper and addressed, "Dear everyone."It follows weeks of protests over the death of Floyd, 46, under the knee of ex-Minneapolis police officer Derek Chauvin and a vote by city leaders to disband the police department."We wholeheartedly condemn Derek Chauvin," the officers said in the letter.
  
  Read more

• Snap CEO says in internal meeting he won't release diversity numbers because it would reinforce the perception that Silicon Valley isn't diverse

  11-06-2020 22:47 via news.yahoo.com
  
  Snapchat has been praised for speaking out publicly about the Black Lives Matter movement, but employees inside the company tell a different story.
  
  Read more

• Lebanese protesters shut down roadways with fires as currency collapses

  11-06-2020 22:44 via news.yahoo.com
  
  The pound slid to about 5,000 to the dollar on Thursday and has lost 70% of its value since October, when Lebanon descended into a financial crisis seen as the biggest threat to stability since the 1975-90 civil war.Protesters in Tripoli, Lebanon's second-biggest city, threw petrol bombs at a central bank building, setting it ablaze and prompting security forces to fire tear gas, according to witnesses.
  
  Read more

• Biden demands Facebook change its political speech rules

  11-06-2020 22:38 via news.yahoo.com
  
  Democratic presidential candidate Joe Biden called out Mark Zuckerberg on Thursday, demanding that Facebook crack down on misinformation and fact-check politicians' ads.In an open letter to Zuckerberg, the Biden campaign encouraged supporters to use the hashtag #MOVEFASTFIXIT, a play on Facebook's "move fast and break things" motto...... and sign a petition for Facebook to remove false information, fact-check political ads in the two weeks leading up to the November election and enforce clear ru
  
  Read more

• Historical figures reassessed after George Floyd's death

  11-06-2020 22:34 via news.yahoo.com
  
  The rapidly unfolding movement to pull down Confederate monuments around the U.S. in the wake of George Floyd’s death has extended to statues of slave traders, imperialists, conquerors and explorers around the world, including Christopher Columbus, Cecil Rhodes and Belgium’s King Leopold II.Protests and, in some cases, acts of vandalism have taken place in such cities as Boston; New York; Paris; Brussels; and Oxford, England, in an intense re-examination of racial injustices over the
  
  Read more

• Florida Gov. DeSantis plans to reopen public schools at 'full capacity' in August, arguing that the state's economy depends on it

  11-06-2020 22:33 via news.yahoo.com
  
  DeSantis proposed that Florida schools could move students' desks away from one another, stop sharing textbooks, and develop disinfection protocols.
  
  Read more

• Black Tulsans call Trump rally plan 'a slap in the face'

  11-06-2020 22:28 via news.yahoo.com
  
  Black community and political leaders called on President Donald Trump to at least change the Juneteenth date for an Oklahoma rally kicking off his return to public campaigning, saying Thursday that plans for a rally on the day that marks the end of slavery in America come as a “slap in the face.”Trump campaign officials discussed in advance the possible reaction to the Juneteenth date, but despite fierce blowback there are no plans to change it.From Sen. Kamala Harris of California
  
  Read more

• UK abandons plan to introduce full border checks with EU on January 1: FT

  11-06-2020 22:25 via news.yahoo.com
  
  The United Kingdom will not introduce full border checks with the European Union on Jan. 1 after British ministers faced pressure from businesses not to compound the crisis sparked by the coronavirus outbreak, the Financial Times newspaper said.Britain will instead put in place a temporary "light-touch regime" at ports such as Dover for incoming EU goods, the newspaper reported, adding this would happen whether or not there is a Brexit free trade agreement with the EU.The newspaper said official
  
  Read more

• Denver DA will not charge Department of Corrections officer who shot 16-year-old in the back

  11-06-2020 22:21 via news.yahoo.com
  
  The Denver District Attorney announced her office will not file criminal charges against a Department of Corrections officer who shot and killed Alexis Mendez-Perez in northeast Denver earlier this year.
  
  Read more

• What mask? Las Vegas tourists at the Cosmopolitan act like the virus is long gone

  11-06-2020 22:20 via news.yahoo.com
  
  Mask shaming is in vogue for some tourists trying to return to normalcy.
  
  Read more

• US backs UN against Egypt initiative on Libya

  11-06-2020 22:20 via news.yahoo.com
  
  The United States called Thursday for a UN-led ceasefire on Libya, distancing itself from a proposal by ally Egypt, and voiced alarm about the toll on civilians as the tide of war turns.Egypt -- a main backer of strongman Khalifa Haftar, who is losing ground to the UN-recognized, Turkish-backed government -- has proposed a truce in which "foreign mercenaries" would leave and militias would disband and disarm.David Schenker, the top US diplomat for the Middle East, voiced appreciation to Egypt, s
  
  Read more

• Americans' views on looting amid the George Floyd protests are all over the board, a new poll shows

  11-06-2020 22:18 via news.yahoo.com
  
  Roughly one-third of survey respondents said they believed looting was a "widespread problem," but a similar amount said it was an "isolated problem."
  
  Read more

• 'Pandemic is still here': 100,000 more Americans could die in coming months; USA hits 2M cases

  11-06-2020 22:17 via news.yahoo.com
  
  The Johns Hopkins virus dashboard counted more than 27,000 new U.S. cases Wednesday, and 100,000 more Americans could die in the next few months.
  
  Read more

• Ohio health director Amy Acton surprisingly resigns amid coronavirus pandemic

  11-06-2020 22:13 via news.yahoo.com
  
  Ohio Gov. Mike DeWine said Dr. Amy Acton will become his chief health adviser, expressing how grateful he is for her service to the state.
  
  Read more

• Why are states seeing a sudden increase in coronavirus cases? Experts have more than one answer

  11-06-2020 22:04 via news.yahoo.com
  
  Arizona, South Carolina and Texas are seeing a sharp increase in coronavirus cases despite other states reporting a decline.
  
  Read more

• The U.S. Air Force Deployed Spy Drones in the South China Sea

  11-06-2020 21:55 via news.yahoo.com
  
  The Air Force is flying the B-1B bombers and the Global Hawk drones in the South China Sea and other areas within the Pacific theater as part of a broad strategy to sustain surveillance in the region.
  
  Read more

• Polio vaccine could give temporary protection against COVID-19, scientists hope

  11-06-2020 21:55 via news.yahoo.com
  
  It’s unclear whether such an approach would work, and some experts are skeptical.
  
  Read more

• Trump, Biden hold events in key U.S. states as campaign begins to heat up

  11-06-2020 21:52 via news.yahoo.com
  
  President Donald Trump and his Democratic opponent, Joe Biden, headed to must-win election battlegrounds on Thursday, slowly resuming campaign activities in the wake of the coronavirus pandemic.Trump hosted a campaign-style roundtable at a church in Dallas focused on aiding minority communities amid ongoing national protests over racism and police brutality.Biden unveiled an economic reopening proposal in Pennsylvania.
  
  Read more

• African Americans 'probably ought to be' shot more by police, a top Tulsa officer said

  11-06-2020 21:45 via news.yahoo.com
  
  The comments of Maj. Travis Yates were denounced by the mayor, the chief of police and a leading black officer.
  
  Read more

• Biden on COVID-19 recovery plan: 'There's no guidance'

  11-06-2020 21:44 via news.yahoo.com
  
  "Trump has basically had a one-point plan, open businesses. Just open. But it does nothing to keep workers safe and keep businesses able to stay open," Biden said.Biden rolled out a plan on Thursday to reopen the economy, calling for expanded coronavirus testing and protective equipment for people who go back to work, paid sick leave, small-business grants, fines for businesses that do not abide by safety standards, and hiring a workforce to test the spread of the disease.
  
  Read more

• Joint Chiefs of Staff Chairman Milley apologizes for role in Trump church photo op

  11-06-2020 21:43 via news.yahoo.com
  
  "My presence in that moment, and in that environment, created a perception of the military involved in domestic politics," Milley said.
  
  Read more

• Anthropologie responds to allegations it has a code name for black customers

  11-06-2020 21:41 via news.yahoo.com
  
  Some shoppers and employees claim the store encourages racial profiling.
  
  Read more

• Wall Street suffers worst session since March crash in massive sell-off

  11-06-2020 21:39 via news.yahoo.com
  
  Wall Street suffered its biggest one-day decline since March as fears of a second wave of the coronavirus and dire economic forecasts shook confidence.At the close of trading the Dow Jones Industrial Average had fallen 1,861 points or 6.9 per cent, closing at 25,128, it’s fourth largest points fall ever — the top three being the crashes that shook the market in March as the scale of the coronavirus pandemic became evident.
  
  Read more

• US Surgeon General Jerome Adams says George Floyd 'could have been me' as he opens up about facing racism every day

  11-06-2020 21:30 via news.yahoo.com
  
  "That could be me with a busted tail light. That could be me who is just seen as a Black man, and not as the Surgeon General of the United States."
  
  Read more

• Protests this past week have been largely peaceful, but Fox News continues to show old footage to rile up viewers

  11-06-2020 21:30 via news.yahoo.com
  
  Fox News has continuously run older footage showing looting, though a network spokesman pointed to examples of peaceful protests being covered.
  
  Read more

• Video released of Chicago police 'lounging' at US congressman's office and making popcorn while nearby shops looted

  11-06-2020 21:25 via news.yahoo.com
  
  Images have emerged of Chicago police officers kicking their feet up on desks, making popcorn, and brewing coffee in the burglarised district office of US Congressman Bobby Rush last month as rioters were looting nearby stores, the congressman announced at a joint press conference with Mayor Lori Lightfoot.About two weeks ago, Mr Rush received a call that his South Side district office had been vandalised.
  
  Read more

• Senate Calls for New F-35 Hub in Pacific, Deployment of Cruise Missile Batteries

  11-06-2020 21:19 via news.yahoo.com
  
  The SASC wants to spend nearly $7 billion over two years to launch a new military effort aimed at deterring China.
  
  Read more

• Chicago Cops Hung Out Inside U.S. Rep’s Office as Protest Raged. They Made Popcorn, Drank Coffee, Napped.

  11-06-2020 21:16 via news.yahoo.com
  
  As protests across Chicago devolved into chaos last week and residents started to loot nearby stores, police officers were making popcorn and drinking coffee while “lounging” inside Congressman Bobby Rush’s office, officials said in a stunning news conference on Thursday. Speaking alongside Mayor Lori Lightfoot, Rush said at least 13 Chicago Police officers were loitering inside his South Side campaign office in the early hours of June 1 and were “relaxing” whi
  
  Read more

• Chicago Cops Burglarized U.S. Rep’s Office as Protest Raged. They Made Popcorn, Drank Coffee, Napped.

  11-06-2020 21:16 via news.yahoo.com
  
  As protests across Chicago devolved into chaos last week and residents started to loot nearby stores, police officers were making popcorn and drinking coffee while “lounging” inside Congressman Bobby Rush’s office, officials said in a stunning news conference on Thursday. Speaking alongside Mayor Lori Lightfoot, Rush said at least 13 Chicago Police officers burglarized his South Side campaign office in the early hours of June 1 and were “relaxing” while nearby
  
  Read more

• Chicago Cops Broke Into U.S. Rep’s Office as Protest Raged. They Made Popcorn, Drank Coffee, Napped.

  11-06-2020 21:16 via news.yahoo.com
  
  As protests across Chicago delved into chaos last week and residents started to loot nearby stores, police officers were making popcorn and drinking coffee while “lounging” inside Congressman Bobby Rush’s office, officials said in a stunning news conference on Thursday. Speaking alongside Mayor Lori Lightfoot, Rush said at least 13 Chicago Police officers broke into his South Side campaign office in the early hours of June 1 and were “relaxing” while nearby sto
  
  Read more

• China annexes 60 square km of India in Ladakh as simmering tensions erupt between two superpowers

  11-06-2020 21:13 via news.yahoo.com
  
  China has occupied more than sixty square kilometres of Indian territory in eastern Ladakh, according to a senior Indian Army source, in a dramatic escalation of the simmering tension between the two Asian superpowers. The Daily Telegraph can reveal that up to 12,000 Chinese troops pushed over the border into India last month amid border clashes as Beijing looks to slap down Indian Prime Minister Narendra Modi over his ever-closer relationship with the United States. The move echoes Xi Jinping's
  
  Read more

• Pence posts, then deletes, tweet with photo of Trump campaign staffers not wearing masks or distancing

  11-06-2020 21:11 via news.yahoo.com
  
  At least 70 people could be seen in the photo. None appeared to be wearing masks or maintaining the six feet of distance recommended by CDC.
  
  Read more

• At D.C. protests, opposition to Trump doesn't always translate to support for Biden

  11-06-2020 21:08 via news.yahoo.com
  
  The protests that have followed the death of George Floyd have combined anger toward President Trump with calls for police reform and a push to address systemic racism. Yet many protesters are reluctant to embrace Joe Biden. 
  
  Read more

• George Floyd death: Gen Mark Milley sorry for joining Trump walk to church

  11-06-2020 21:06 via news.yahoo.com
  
  Gen Mark Milley accompanied the president for a photo op after their path was cleared of protesters.
  
  Read more

• Karl Rove reacts to Biden saying Trump will try to ‘steal this election’

  11-06-2020 21:05 via news.yahoo.com
  
  Fox News contributor Karl Rove joins Dana Perino on ‘The Daily Briefing.’
  
  Read more

• White Americans turn out for Floyd protests, but will they work for change?

  11-06-2020 21:03 via news.yahoo.com
  
  Leslie Batson, a white office administrator from Maryland, joined the thousands of marchers protesting the killing of George Floyd in Washington, D.C., last weekend after her children asked why the family had done nothing about racism.In recent days, white Americans have donned "Black Lives Matter" shirts, carried homemade signs, and shouted "Hands up, Don't shoot" in cities and small towns (https://www.reuters.com/article/us-minneapolis-police-protests-rural/protests-against-police-violence-swe
  
  Read more

• Scouts founder Baden-Powell's statue faces removal

  11-06-2020 20:59 via news.yahoo.com
  
  A statue of Robert Baden-Powell, the founder of the scouts, is to be removed from a town in southern England.Critics say while he's hailed for creating the worldwide scouting movement, he also held racist views and supported Adolf Hitler and fascism. Poole council is to remove the statue, which looks across the harbour towards Brownsea Island, where the scouts started in 1907. It will be held in storage while local communities discuss an appropriate future for it.Black Lives Matter demonstration
  
  Read more

• 'They committed treason': Pelosi pushes for removal of Confederate statues, military base names

  11-06-2020 20:58 via news.yahoo.com
  
  "The American people know these names have to go," Pelosi said. "These names are white supremacists that said terrible things about our country."
  
  Read more

• Senate committee unveils $740 billion defense bill, targets China

  11-06-2020 20:56 via news.yahoo.com
  
  The U.S. Senate Armed Services Committee on Thursday unveiled its version of the annual National Defense Authorization Act, or NDAA, a $740 billion bill setting policy for the Defense Department on everything from troop salaries and equipment purchases to great power competition with China.The 2021 bill also wades into current controversies revolving around racial issues highlighted by protests after Minneapolis police killed George Floyd, an African American.The proposed NDAA, which is several
  
  Read more

Follow @FinanceUSA_News on Twitter!