Category: Associated Press
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US consumer spending up 5.6%, but virus could stall gains
WASHINGTON (AP) — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the economy. But the virus’ resurgence in much of the country could impede further gains.
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India’s Bihar state fights twin threat of virus and floods
PATNA, India (AP) — Monsoon floods have swamped large parts of India’s densely populated Bihar state and displaced more than 300,000 people as of Friday, officials said, exacerbating the risk of the coronavirus and stymieing the state’s response to the pandemic.
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Virus testing turnaround times reveal wide disparity
ST. PETERSBURG, Fla. (AP) — Cameron Settles was swabbed for COVID-19 in mid-June at the Orange County Convention Center in Orlando and it took him eight days to get the results.
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VIRUS DIARY: Cycling in COVID London gives hope in the gloom
LONDON (AP) —
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Judge bans lawyers from identifying Epstein abuse victims
NEW YORK (AP) — The judge presiding over the criminal case against a British socialite charged with recruiting teenage girls for financier Jeffrey Epstein to sexually abuse said Friday that her attorneys are not permitted to publicly identify accusers even if they’ve spoken in a public forum.
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US sinks another $2.1 billion into a potential vaccine
LONDON (AP) — Pharma giants GlaxoSmithKline and Sanofi Pasteur have announced they will supply 100 million doses of its experimental COVID-19 vaccine to the United States as governments buy up supplies in hopes something will work.
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More victims sue U of Michigan over doctor’s alleged abuse
DETROIT (AP) — Dozens of more victims who claim they were molested by a University of Michigan doctor filed a lawsuit against the school Thursday, including a former student who said he told legendary coach Bo Schembechler about the abuse in the early 1980s.
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Eurozone economy suffers record drop during lockdown months
PARIS (AP) — The economy of the 19-country eurozone shrank by a devastating 12.1% in the April-June period from the quarter before – the largest drop on record – as coronavirus lockdowns shut businesses and hampered consumer spending.
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PNM Resources: 2Q Earnings Snapshot
ALBUQUERQUE, N.M. (AP) _ PNM Resources Inc. (PNM) on Friday reported second-quarter net income of $57.6 million, after reporting a loss in the same period a year earlier.
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5 Things to Know for Today
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