China said it would impose sanctions on 11 U.S. citizens, including Republican Sens. Ted Cruz and Marco Rubio, over their stances on Hong Kong, in retaliation for similar measures by Washington against Hong Kong officials on Friday.
Jimmy Lai, the publisher of Hong Kong’s widely read pro-democracy newspaper, Apple Daily, was arrested on suspicion of foreign collusion under a new national security law that Beijing imposed on the city.100
Several investment and technology firms are exploring a potential deal for the U.S. operations of TikTok, which is facing a Trump administration ban, but they each would have to surmount hurdles at least as high as the Chinese social-media platform’s main suitor, Microsoft.
The Environmental Protection Agency is preparing to end requirements that oil and gas producers detect and fix greenhouse-gas emissions.8
Some longtime biotech investors are wary of the run-up and warn there are risks to chasing companies at early stages of development.
A federal agency has put a planned $765 million loan to Eastman Kodak on hold after the deal came under congressional and regulatory scrutiny.
The U.S. reported its lowest number of new coronavirus cases in nearly a week, as new infections in some parts of the country trended down.
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France, the U.S. and other countries promised Sunday to help rebuild Lebanon’s capital after a deadly explosion devastated Beirut, but world leaders said they would deliver aid directly to the people in a rebuke to the country’s political leadership.51
Simon Property Group has been in talks with Amazon to convert some Sears and J.C. Penney stores into Amazon fulfillment centers.
The collective market value of the top 10 companies in the S&P 500 has swelled to about $8 trillion as of Friday, as investors have piled into big technology stocks including.
With consumers reluctant to venture out to a lab or doctor’s office, insurers are crunching the data in existing digital records.26
Markets
For some developing economies, income from tourism is the difference between running a current-account deficit and a surplus, and depressed travel volumes put them at greater risk of financial shocks.
The stock-market volatility in the first half was a fertile environment for long-short funds. Yet most of these investments lost money.5
Investment firms are offering more options for individuals to use their capital to address social issues and assist community development.
World
Riot police clashed with protesters in the Belarus capital Minsk after exit polls from the country’s presidential election projected veteran leader Alexander Lukashenko winning with 80% of the vote.
U.S.
The coronavirus is proving to be a great unequalizer, causing joblessness, sickness, and even death at higher rates among nonwhite populations—as well as amplifying longstanding racial gaps in financial stability.
National security adviser Robert O’Brien said Chinese hackers were targeting U.S. election infrastructure, but his comments were met with skepticism by other officials familiar with the matter.
Life & Arts
As meteor showers animate the skies this month, a growing number of satellites obscure views of the heavens--SpaceX alone has sought permission to orbit 30,000 more communications devices.
The basketball league was so hot in the 1990s that it explored expansion into America’s dominant sport—twice.8
Why call your company’s IT hotline for your problems with Wi-Fi when you can just ask your cousin for help?10
Canceled galas, auctions and fundraisers undermine giving; “we’re not in position to survive another couple of years of this,” says the director of a nonprofit.24
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