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Zuckerberg backs reform of legal protections for social media

Mark Zuckerberg on Tuesday came out in support of reforming US legal protections enjoyed by social media platforms, making Facebook the first internet company...

Coronavirus latest: US seven-day average of new infections hits record high

Peter Wells in New YorkOne dozen US states reported record levels of coronavirus hospitalisations on Monday in a further reflection of the autumn resurgence...

Dunkin’ closes in on $9bn sale to Inspire Brands

The owner of the Dunkin’ coffee and doughnuts chain and Baskin-Robbins ice cream franchises is nearing a deal to be acquired for about $9bn...

Rightwing poll ‘watchers’ plan to police US election

Long before Donald Trump sounded the alarm about election fraud and urged his supporters to “go into the polls and watch very carefully”, Catherine...

US records worst Covid-19 week since summer peak

The US has tallied the most new coronavirus cases in a week since a major summer outbreak, threatening to overwhelm hospitals in parts of...

Goldman subsidiary pleads guilty in 1MDB scandal

Goldman Sachs’ Malaysian subsidiary pleaded guilty to a bribery charge as the bank agreed a record $2.9bn global settlement with regulators over the 1MDB...

Apollo investor halts new commitments over Black’s Epstein ties

One of the biggest US public pension funds has frozen new investments with Apollo Global Management, as growing concerns about founder Leon Black’s relationship...

Coronavirus latest: Australia to test ship’s crew over mystery strain fears

Peter Wells in New YorkThe number of current coronavirus hospitalisations in the US topped 39,000 for the first time in two months on Tuesday, while...

US banks warn bonuses will not keep pace with profits

Citigroup, JPMorgan Chase and Bank of America have warned staff their bonuses will not keep pace with blowout performances in areas such as fixed-income...

Fed officials call for tougher rules to prevent asset bubbles

Senior Federal Reserve officials are calling for tougher financial regulation to prevent the US central bank’s low interest-rate policies from giving rise to excessive...

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The morning read for Friday, June 6

Yesterday, June 5, the Supreme Court issued decisions in Ames v. Ohio Department of Youth Services, Smith & Wesson Brands v. Estados Unidos...

Court rejects heightened requirement for arbitration awards under FSIA

Thursday’s decision in CC/Devas (Mauritius) Limited v. Antrix Corp. was no surprise to anyone. As my story on the oral argument in March...

Justices dismiss dispute over class-certification standards 

It was no surprise that the justices decided on Thursday to dismiss Laboratory Corporation of America Holdings v. Davis. They granted review to decide whether...

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