Wall Street climbs on healthcare, tech push

05/28/20 2:59 PM

U.S. stocks rose again on Thursday, boosted by healthcare and technology stocks, as investors continued to bet on a swift recovery from the coronavirus-driven economic slump.

COVID-19 infects more than 3,000 U.S. meatpacking workers: union

05/28/20 2:48 PM

More than 3,000 U.S. meatpacking workers have tested positive for COVID-19 and at least 44 workers have died, the country's largest meatpacking union said on Thursday, reflecting an increasing toll on plant employees.

Trump set to order review of law that protects social media companies

05/28/20 2:41 PM

U.S. President Donald Trump is expected to order a review of a law that has long protected internet companies, including Twitter and Facebook, an extraordinary attempt to intervene in the media that experts said was unlikely to survive legal scrutiny.

Trump could sign order on social media companies later on Thursday: White House

05/28/20 2:41 PM

U.S. President Donald Trump could sign an executive order on social media companies later on Thursday, but the timing could change, White House Press Secretary Kayleigh MacEnany said, after Twitter urged readers to check facts in tweets sent by Trump earlier this week for the first time.

U.S. indicts North Koreans, accuses state-owned bank of evading sanctions

05/28/20 2:37 PM

The U.S. Justice Department accused North Korea's state owned bank of evading U.S. sanctions laws and charged 28 North Korean and 5 Chinese citizens with committing money laundering, bank fraud and other crimes.

Protests, looting erupt in Minneapolis over racially charged killing by police

05/28/20 2:24 PM

Protesters clashed with riot police firing tear gas for a second night in Minneapolis on Wednesday in an outpouring of rage over the death of a black man seen in a widely circulated video gasping for breath as a white officer knelt on his neck.

U.S. state of Arizona files consumer fraud lawsuit against Google

05/28/20 2:19 PM

Arizona filed a consumer fraud lawsuit against Alphabet Inc's Google on Wednesday, alleging that the U.S. tech giant used "deceptive" and "unfair" practices to obtain the location data of users.

China parliament advances Hong Kong security law as tensions with U.S. rise

05/28/20 2:08 PM

China's parliament approved a decision on Thursday to go forward with national security legislation for Hong Kong that democracy activists in the city and Western countries fear could erode its freedoms and jeopardise its role as a global financial hub.

UK, U.S., Australia and Canada scold China over Hong Kong law

05/28/20 2:08 PM

The United Kingdom, the United States, Australia and Canada criticised China on Thursday for imposing a new security law on Hong Kong that they said would breach the 1984 Sino-British agreement on the former colony and threaten its freedoms.

U.S. may now need to treat Hong Kong like China: White House adviser

05/28/20 2:07 PM

U.S. President Donald Trump's top economic adviser said on Thursday that Hong Kong may now need to be treated like China when it comes to trade and other financial matters, given Beijing's move to enact a new law Washington warns would undermine the city's autonomy.