Markets
Facebook tightens policies amid growing advertiser boycott
The campaign was recently launched by six organisations in the USA, including the Anti-Defamation League and the National Association for the Advancement of Coloured People, and plans to call on organisations in Europe to follow suit, Reuters reported . [Full Article...]
Terrorists in police uniform attack Karachi stock exchange; all attackers killed
Khattab said that RAW orchestrated the entire thing: it planned, funded and ordered the PSX attack for the BLA to carry out. The group has been waging an urgency for years, demanding independence for Pakistan's gas-rich southwestern Baluchistan province, which borders the southern Sindh province, where Karachi is the provincial capital. [Full Article...]
Starbucks pauses all social media advertising over hate speech concerns
Civil rights organisations like the NAACP, Colour of Change , and Anti-Defamation League have called on major companies to suspend their advertising on Facebook following the May 25 police killing of 46-year-old George Floyd in Minneapolis and ensuing nationwide protests over police brutality. [Full Article...]
China to impose visa restrictions on Americans over Hong Kong dispute
The unanimous passage of the law by China's top legislature veers Beijing's relationship with other major powers into deeper uncertainty. In his statement , Pompeo claimed that the action was taken to "protect U.S. Members of Hong Kong's opposition parties are also unclear if their public support for greater autonomy will disqualify them from seeking office. Rights groups, many western gove... [Full Article...]
Supreme Court gives president more consumer agency control
The court's five conservative justices agreed that restrictions Congress imposed on when the president can fire the agency's director violated the Constitution. The CFPB was the brainchild of Elizabeth Warren , the MA senator and former Democratic presidential candidate. For the right, which has long opposed the existence of the CFPB, the high court's majority weakened the agency's independence... [Full Article...]
Gilead prices coronavirus drug at $2,340 for rich countries
The amount that patients pay out of pocket depends on insurance, income and other factors, the California-based pharmaceutical company said. "President Trump has struck an wonderful deal to ensure Americans have access to the first authorized therapeutic for COVID-19", HHS Secretary Alex Azar said, adding: "To the extent possible, we want to ensure that any American patient who needs remdesivir... [Full Article...]
Microsoft is discontinuing physical stores and is fully focused on online
Microsoft's retail stores mimic the look and feel of Apple's iconic sales fronts, from the glass walls to the wood tables to the very design of the Surface hardware on display. Microsoft stock was trading at US$197.27 per share Friday afternoon, down US$3.07 or 1.53 percent. An anonymous source told The Verge that the plan to shutter its stores was underway ahead of the COVID-19 pandemic, bu... [Full Article...]
Starbucks to pause advertising across social media to help stop hate speech
According to Riikka-Maria Lemminki, CEO of lobby group Marketing Finland, some firms have cut back on advertising with the social media giant. The campaign was recently launched by six organisations in the United States, including the Anti-Defamation League and the National Association for the Advancement of Coloured People, and plans to call on organisations in Europe to follow suit, Reuters re... [Full Article...]