Treasury takes 30% stake in trucking company in exchange for $700M loan
The company is a “critical vendor” to the Department of Defense, government says.
July 3: What’s open and closed on the eve of July 4th
Here is what will be open or closed on Friday, July 3, 2020.
British judge rejects Venezuela's Maduro’s bid for gold in London bank
The Venezuelan socialist leader is not recognized as president, the judge said
If the $600 weekly unemployment boost isn't extended, it's not just laid-off workers who will suffer
Even though failing to extend the $600 weekly boost will hurt Americans who are still jobless, it could have another harmful impact: prolonging the current recession and hurting chances of a relatively quick recovery.
China, pro-Beijing activists condemn Hong Kong 'meddling'
China's government and pro-Beijing activists in Hong Kong condemned what they called foreign meddling in the territory's affairs on Thursday, as countries moved to offer Hong Kongers refuge and impose sanctions on China over a new security law.
Novartis pays $678M to resolve suit over sham doctor outings
The settlement of the lawsuit was announced by Acting Manhattan U.S. Attorney Audrey Strauss, who said the company splurged on “speaking fees, exorbitant meals, and top-shelf alcohol that were nothing more than bribes to get doctors across the country to prescribe Novartis’s drugs.”
Apple, Amazon, Google, Facebook CEOs agree to House antitrust hearing
It would continue the regulatory fight between Washington legislators and Silicon Valley tech giants.
Coronavirus cases spike in Sun Belt, other states back off on reopening
The Sun Belt states have seen the highest recorded coronavirus deaths, infections and hospitalizations in the past few days. The soaring numbers have raised fears that many other states could see the same phenomenon if they reopen too, or that people from the South and West could spread the virus to other regions.
Justice Department seeks Warhol, Monet paintings tied to 1MDB scandal
It has so far recovered or assisted Malaysia in recovering nearly $1.1 billion in assets
Does Trump want to cut Post Office funding?
President Trump wants the USPS to charge Amazon and other shipping companies higher rates to increase competition.
Health experts slam US hoarding of only licensed virus drug
The Department of Health and Human Services said Trump has secured 500,000 treatments of the drug through September, representing 100% of Gilead’s July production capacity and 90% of its capacity in August and September.
Borgata president one of few black women to run a US casino
Melonie Johnson is making history not only as the first Black woman to hold the title of president of an Atlantic City casino but also for restarting Atlantic City's top-performing casino in the midst of a coronavirus pandemic.
NYPD budget cuts an 'accounting gimmick': Former commissioner
Protesters have been camped outside City Hall, insisting that the city slash $1 billion from the NYPD’s budget amid a nationwide campaign to “defund” police — a movement animated by outrage over the deaths of George Floyd and other Black Americans at the hands of police.
Boeing kept FAA in the dark on key 737 MAX design changes -US IG report
The report points out mistakes made by both the planemaker and FAA in the development and certification of Boeing's top-selling aircraft
What is TSA?
The Transportation Security Administration was formed in the wake of the terrorist attacks on September 11, 2001, to prevent such events from happening again.
What is US Customs and Border Protection?
U.S. Customs and Border Protection is one of the biggest law enforcement agencies in the world.
Miami Beach mandates coronavirus masks indoors and out
The city of Miami Beach will impose $50 fines for not wearing a mask in public.
What is the Supreme Court of the United States?
The Supreme Court of the United States is the highest court in the country and is made up of nine justices.
Government unemployment insurance payments skyrocket in June
Unemployed Americans are eligible for an additional $600 a week.
What is the CIA?
The CIA is headquartered in Langley, Virginia, and led by Gina Haspel.



















