Senate Majority Leader Mitch McConnell said the economy needs an "additional boost," as Republicans and Democrats remained far apart about what to include in another wave of relief. Democrats have pushed for a $3.4 trillion relief bill, while Republicans last week proposed $1 trillion.
Business & Financial News, U.S & International Breaking News
Trump signs executive order to boost U.S. drug manufacturing
President Donald Trump on Thursday signed an executive order aimed at boosting U.S. production of medicines and medical equipment, lowering drug prices and protecting the United States against shortfalls in a future pandemic.
Trump advisers urge delisting of U.S.-listed Chinese cos that fail to meet audit standards
Trump administration officials have urged the president to delist Chinese companies that trade on U.S. exchanges and fail to meet U.S. auditing requirements by January 2022, Securities and Exchange Commission and Treasury officials said on Thursday.
Hostage taker surrenders outside French bank, all six captives unharmed
A gunman who took six people hostage in a bank in northern France on Thursday surrendered to elite police after a six-hour operation to free his captives.
Hiroshima marks 75 years since atomic bombing in scaled-back ceremony
Bells tolled in Hiroshima on Thursday for the 75th anniversary of the world's first atomic bombing, with ceremonies downsized due to the coronavirus and the city's mayor urging nations to reject selfish nationalism and unite to fight all threats.
New York sues to break up NRA, accuses it of corruption
New York state's attorney general sued to dissolve the National Rifle Association on Thursday, alleging senior leaders of the non-profit group diverted millions of dollars for personal use and to buy the silence and loyalty of former employees.
U.S. Iran envoy Brian Hook stepping down as key U.N. arms embargo vote looms
The top U.S. envoy for Iran, Brian Hook, is leaving his post and U.S. special representative for Venezuela, Elliott Abrams, will add Iran to his role "following a transition period" with Hook, Secretary of State Mike Pompeo said on Thursday.
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