Business & Financial News, U.S & International Breaking News

Amazon.com Inc's game-changing move to upend the grocery business with a surprise deal to buy Whole Foods Market Inc compounds a problem already vexing fund managers: how to play U.S. consumer spending when the Seattle-based e-commerce giant is threatening to take over retail.

The Philippines' police chief on Friday stood by anti-narcotics officers and rejected a Reuters investigation that pointed to a pattern of police sending corpses of drug suspects to hospitals to destroy crime scene evidence and hide executions.

China urged the United States to revoke immediately its "wrong decision" to sell Taiwan $1.42 billion worth of arms, saying it contradicted a "consensus" President Xi Jinping reached with his counterpart, Donald Trump, in talks in April in Florida.

President Donald Trump said on Friday he was sending federal help to fight crime in Chicago that has reached "epidemic" proportions.

The U.S. dollar recovered slightly on Friday, but posted its biggest quarterly decline against a basket of rival currencies in nearly seven years after hawkish signals from foreign central banks this week pressured the greenback further.

Conservationists threatened to sue on Friday in order to block a plan by U.S. wildlife managers that strips grizzly bears of federal protection, opening them to hunting around Yellowstone National Park.