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Black Lives Matter protests reignited in Atlanta after Rayshard Brooks' death; AT&T plans to sell Warner Bros. gaming division for nearly $4 billion; China's Central Bank approves American Express for operating card-clearing network; Simran Sandhu & Darian Phillips report.
All major indexes fall 5-7%; Five most valuable tech companies lost ~$270 billion in market value; 30-year mortgage rates fell below 3%; DoorDash nears deal valuing the company at more than $15 billion; Simran Sandhu & Darian Phillips report.
50 states and other territories sue drug makers for inflating prices; Elon Musk gives green light for production of Tesla semi-truck; Grubhub and JustEatTakeaway.com near potential merger. Simran Sandhu & Darian Phillips report.
President Trump plans to use the police defunding issue against former VP Biden and the Democratic Party; Nasdaq briefly trades above 10,000-mark for the first time in the index's history; New home sales surged by 21% last month; Simran Sandhu & Darian Phillips report.
Nasdaq surpasses NYSE for total capital raised by companies via IPO this year; Dunkin' Donuts plans to hire 25,000 employees; Federal budget deficit more than doubled in May; Simran Sandhu & Darian Phillips report.
Minneapolis city council takes action to disband the local police department; Tent sales soar as businesses begin to reopen; Economists question the validity of China's unemployment data; Simran Sandhu & Darian Phillips report.
U.S. business bankruptcies up 48% last month; S&P snaps winning streak; Slack forms alliance win Amazon; Bail for three ex-Minneapolis police officers set at $1 million; Simran Sandhu & Darian Phillips report.
Former Defense Secretary badgers President Trump for dividing the American people; S&P caps off the greatest 50-day rally in index history; COVID-19 bonds fruitful investment for governments and companies globally; Simran Sandhu & Darian Phillips report.
Zoom reports 169% surge in first-quarter sales; Lyft experiences a 26% demand increase compared to last month; Peaceful protesters near White House are forcefully removed by authorities; Simran Sandhu & Darian Phillips report.
All major U.S. indexes rise, while crude oil prices fall; European court orders Nestle to change the name of its meatless burger; Facebook employees hold a virtual walkout; Simran Sandhu & Darian Phillips report.
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