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U.S. bishops vote to draft Communion statement that may rebuke Biden

United States · 10:57 PM UTC

A divided conference of U.S. Roman Catholic bishops announced on Friday that they had voted to draft a statement on Holy Communion that may admonish Catholic politicians, including President Joe Biden, who support abortion rights.

BusinessWall Street ends sharply lower after hawkish Bullard spooks investors
Middle EastJudge under U.S. sanctions set to take over Iran presidency
United StatesPortland police’s entire crowd control unit resigns after indictment of officer
Asia PacificUnited Nations calls for halt of weapons to Myanmar
AmericasBusinesses, U.S. legislators fume as Canada extends travel ban; Trudeau stands firm
AfricaOne kidnapped student dead, seven rescued in Nigeria’s Kebbi state, the army says

One student from a group of dozens abducted from a school in northwest Nigeria this week has been found dead, the army said on Friday, adding it had rescued five students and two teachers.

ICYMI

Black U.S. workers still earn less than their white counterparts despite diversity and inclusion efforts, a report says ... The dream home must wait: expensive lumber and other materials are keeping U.S. housing scarce ... Investors want more corporate disclosure on climate change and ESG issues. Companies don't

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Talking Points

U.S.

U.S.Biden, Harris urge vaccinations as U.S. looks likely to miss July 4 target
U.S.Trump, House Democrats working to resolve dispute on Deutsche Bank subpoenas
U.S.Trump endorses Murkowski challenger in 2022 Senate race
U.S.U.S. Southwest residents wilt under fifth day of record heat

Technology

Technology · 5:58 PM UTCEXCLUSIVE Google searches for new measure of skin tones to curb bias in products

Alphabet Inc's (GOOGL.O) Google told Reuters this week it is developing an alternative to the industry standard method for classifying skin tones, which a growing chorus of technology researchers and dermatologists says is inadequate for assessing whether products are biased against people of color.

TechnologyPayPal overhauls U.S. rates as payments rivalry heats up
TechnologyFacebook’s ‘Neighborhoods’ faces crowded niche market, profiling concerns
TechnologyEXCLUSIVE Google’s adtech business set to face formal EU probe by year-end -sources
TechnologySpain's BBVA opens Bitcoin trading service to clients in Switzerland

Business

BusinessDow, S&P post worst week in months after hawkish Fed spooks investors
BusinessEXCLUSIVE Fed’s Kashkari opposed to rate hikes at least through 2023
BusinessInvestors brace for annual Russell index rebalancing with pandemic imprint
BusinessBitcoin falls 7% to $35,431.15

UK

UKFitch raises UK outlook on economic resilience to pandemic shock
UKUK reports 10,476 new COVID cases, 11 more deaths
UKEmbarrassing defeat as UK PM Johnson’s party loses out at election
UKBritish Conservative lawmaker charged with sexual assault

Energy

EnergyEIG-led consortium closes $12.4 bln Aramco pipelines deal
EnergyExxon, union try new approach to resolve increasingly bitter dispute
EnergyEarly-season Gulf of Mexico storm trims some U.S. oil production
EnergyOil gains on OPEC outlook that U.S. output growth will slow

India

IndiaAs COVID funeral pyres burn, gloom gathers over India’s rural economy
IndiaTwitter’s India woes worsen as police summon chief over viral video
IndiaExperts urge India's richest state to gear up for third wave of COVID-19
IndiaIndia’s roadside restaurateurs count cost of pandemic

Middle East

Middle EastJudge under U.S. sanctions set to take over Iran presidency
Middle EastPalestinians cancel deal for near-expired COVID vaccines from Israel
Middle EastPolls close in Iran election, voting extended in some stations -state TV
Middle EastOman, slowest vaccinator in the Gulf, pushes campaign amid COVID-19 surge

Sustainable Business

Sustainable BusinessMethane menace: Aerial survey spots 'super-emitter' landfills
Sustainable BusinessJapan Inc to fall far short of goal for more female managers: Reuters poll
Sustainable BusinessSumitomo shareholders reject climate change resolution
Sustainable BusinessIvory Coast says chocolate traders failing to pay farmers living wage premium

Sports

SportsNo spectators 'least risky' option for Tokyo 2020, experts say
SportsBland sets U.S. Open pace, Matsuyama flirts with cut
SportsMLB roundup: D-backs take record 23rd consecutive road loss
SportsReturning U.S. Olympians rely on experience for another shot at glory

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