President Donald Trump urged states to crack down on violent protests that have engulfed cities, saying officials should “dominate” and arrest people to restore order after a sixth straight night of vandalism and looting, media reported.
Business & Financial News, U.S & International Breaking News
U.S. stocks gain as signs of recovery offset protests, economic worries
Wall Street stocks posted modest gains on Monday as signs suggesting the U.S. economy may be on the road to recovery helped soothe jitters over increasingly violent social unrest and rising U.S.-China tensions.
Michigan governor largely rescinds lockdown, retailers to reopen
Michigan Governor Gretchen Whitmer on Monday moved to further reopen the Midwest state's economy, largely rescinding a stay-at-home order in place since March and allowing retailers and restaurants to open back up over the next week.
U.S. EPA moves to curb state powers to deny permits for energy projects
U.S. Environmental Protection Agency chief Andrew Wheeler signed on Monday a rule limiting state powers to block energy infrastructure projects, setting up a fight with some Democratic governors who say Washington is stripping their ability to protect their states' interests and combat climate change.
Nissan sees cost of quitting Barcelona at up to $1.7 billion, source says
Nissan Motor Co has estimated the closure of its plants in Barcelona could cost up to around 1.5 billion euros ($1.7 billion), a union source told Reuters on Monday.
Lufthansa supervisory board rubber stamps $10 billion state bailout
Lufthansa's supervisory board has approved a 9 billion euro ($10 billion) government bailout that will force the German airline to give some of its prized landing slots to rivals.
Israeli defence chief says he's preparing for consequences of West Bank annexations
Israeli Defence Minister Benny Gantz said on Monday he ordered the military to step up preparations for Israel's pending annexation of parts of the West Bank, a plan that could stoke Palestinian violence.
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