China said it would impose sanctions on 11 U.S. citizens, including Republican Sens. Ted Cruz and Marco Rubio, in retaliation for similar measures by Washington against Hong Kong and mainland Chinese officials.193
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.210
McDonald’s said it is suing former Chief Executive Steve Easterbrook and seeking to recoup tens of millions it paid him in severance and benefits, alleging that he lied to the board about sexual relationships with employees before his ouster last fall.39
WSJ News Exclusive
The Environmental Protection Agency is preparing to end requirements that oil and gas producers detect and fix greenhouse-gas emissions.170
The recent surge in biotech stocks extends beyond IPOs, as investors chase companies working on potential vaccines to combat Covid-19. But some longtime investors are wary of the run-up and warn there are risks to chasing companies at early stages of development.1
Health officials and activists have faced challenges making coronavirus information, testing and treatment available to members of some communities hit hardest by Covid-19.
Hundreds of looters descended on Chicago’s upscale Magnificent Mile and other shopping areas overnight in what appeared to be orchestrated attacks that came hours after police shot a suspect on the city’s South Side.
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Carvana, an online-only seller of used vehicles, is generating new interest from both car buyers and Wall Street as its business benefits from the burst in internet shopping.
The hotel company says 91% of world-wide hotels have reopened, with Greater China leading the recovery.
WSJ News Exclusive
Nikola says it secured an order to make at least 2,500 electric garbage trucks for refuse giant Republic Services, fulfilling one of the electric-vehicle startup’s three major business goals for the year.
A federal agency has put a planned $765 million loan to Eastman Kodak on hold after the deal came under congressional and regulatory scrutiny.32
Elon Musk’s SpaceX has vaulted into an elite tier of military suppliers, winning a multibillion-dollar contract that makes it one of the Pentagon’s two primary satellite-launch providers through most of the decade.3
Markets
Heard on the Street
Surging e-commerce sales at Target during the coronavirus pandemic should translate into a lasting advantage.
Heard on the Street
Investors rushing to ride Disney on the hope of pandemic recovery could be in for a long and uncomfortable wait.
Heard on the Street
Traditionally seen as recession-proof, utilities have been underperforming the broader U.S. market in the current economic downturn. That may present a buying opportunity for investors harboring doubts about the latest bull market.
World
Riot police clashed with protesters in the Belarus capital Minsk after exit polls from the country’s presidential election projected Alexander Lukashenko winning with 80% of the vote.
U.S.
The administration has stepped up interventions in complaints by patients and health workers who say they been discriminated against under policies adopted to combat the new coronavirus.6
New York City has seen a surge in shootings and other violent crime amid the new coronavirus pandemic, but the factors driving the trend are up for debate.
Life & Arts
The Italian fashion designer took the Amazon founder’s guidance to heart during the pandemic: “Normally, I make important decisions around 10:30 a.m.”
Collin Morikawa won the PGA Championship with a 13-under-par performance that included a sequence of brilliant, late shots that propelled him past many of the game’s best.49
The new coronavirus pandemic has silenced New York City’s once-vibrant live music scene and left its future in doubt.
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.
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