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

World News - Wed, 2020-06-17 13:18
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.
Categories: News

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

World News - Wed, 2020-06-17 13:01
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.
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U.S. homebuilding rises moderately; jump in permits hints at green shoots

World News - Wed, 2020-06-17 12:59
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.
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Exclusive: Amid Brexit impasse, Germany urges no-deal preparations - document

World News - Wed, 2020-06-17 12:59
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.
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Stocks seesaw as rising coronavirus cases offset recovery hopes

World News - Wed, 2020-06-17 12:36
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.
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Russia hopes India, China find mutually-acceptable solution to border clashes: Ifax

World News - Wed, 2020-06-17 12:36
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.
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China says it has agreed with India to de-escalate border situation

World News - Wed, 2020-06-17 12:35
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.
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Charging decision to be announced in Atlanta police shooting death of Rayshard Brooks

World News - Wed, 2020-06-17 11:54
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.
Categories: News

U.S. Justice Department to propose rolling back protections for big tech

World News - Wed, 2020-06-17 10:58
The U.S. Justice Department will propose legislation as soon as Wednesday to try to remove protections that big tech platforms like Alphabet's Google and Facebook have had for decades, a department official said on Wednesday, speaking on condition of anonymity.
Categories: News

Biden to discuss economic recovery plan in key battleground visit

World News - Wed, 2020-06-17 10:49
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.
Categories: News

Citing 'racial stereotype,' PepsiCo to drop Aunt Jemima name; Uncle Ben's under review

World News - Wed, 2020-06-17 10:44
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.
Categories: News

U.S. Senate Republicans launch police reform bill to rival Democrats

World News - Wed, 2020-06-17 10:39
U.S. Senate Republicans unveiled a new police reform bill on Wednesday as a rival to more sweeping Democratic legislation, as Congress struggled to address racial disparities in law enforcement three weeks after the death of George Floyd.
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S&P 500, Dow struggle for direction after three-day rally

World News - Wed, 2020-06-17 10:38
The S&P 500 and the Dow edged lower in choppy trading on Wednesday as a record rise in coronavirus cases in six U.S. states dented sentiment following a three-day rally on hopes of a swift recovery from a coronavirus-driven downturn.
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U.S. housing starts miss expectations; permits rebound strongly

World News - Wed, 2020-06-17 10:24
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.
Categories: News

Record spike in new coronavirus cases reported in six U.S. states as reopening accelerates

World News - Wed, 2020-06-17 10:22
New coronavirus infections hit record highs in six U.S. states on Tuesday, marking a rising tide of cases for a second consecutive week as most states moved forward with reopening their economies.
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Exclusive: Who's in charge at Nissan? COO's allies push to give him shared CEO role – sources

World News - Wed, 2020-06-17 10:11
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.
Categories: News

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

World News - Wed, 2020-06-17 10:05
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).
Categories: News

Facebook closes political ads loophole ahead of U.S. presidential election

World News - Wed, 2020-06-17 10:04
Facebook Inc said on Tuesday it would affix labels to political ads shared by users on their own feeds, closing what critics have said for years was a glaring loophole in the company's election transparency measures.
Categories: News

Decision due on charges in Atlanta police shooting death of Rayshard Brooks

World News - Wed, 2020-06-17 10:03
A Georgia county prosecutor is expected to announce as early as 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.
Categories: News

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

World News - Wed, 2020-06-17 08:39
North Korea said on Wednesday it had rejected a South Korean offer to send special envoys to ease escalating tension over defiance by North Korean defectors and stalled reconciliation efforts, and it vowed to redeploy troops to border areas.
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