HSBC has carved out a lucrative role in global banking over the past 155 years by straddling the line between East and West. Now, a political firestorm over the bank’s hometown of Hong Kong could force the bank to choose sides. The lender, which began life as the Hongkong and Shanghai Banking Corporation, is based…… MORE
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Joint Biden-Sanders task forces unveil progressive platform after months of negotiations
Presumptive Democratic nominee Joe Biden‘s campaign on Wednesday released a raft of policy recommendations crafted by allies of the former vice president and Sen. Bernie Sanders of Vermont, underscoring the party’s unity less than four months from November’s general election. The 110-page document is the product of weeks of negotiations between six- and eight-person “Unity…… MORE
Trump’s threat to defund education adds pressure to schools squeezed by coronavirus
President Donald Trump’s threat Wednesday to cut off federal funding for schools if they don’t open in the fall is the latest stress for schools already reeling from the coronavirus pandemic. The President can’t unilaterally cut current federal support of schools, and the federal government provided only 8.3% of funding for public elementary and secondary…… MORE
Sylvester Turner becomes latest mayor to step on the national stage by canceling Texas GOP convention
Houston Mayor Sylvester Turner thrust himself into the national spotlight Wednesday with his decision to cancel the contract for the Texas Republican Party to hold its state convention in the city. In making the announcement, the Democrat spoke in deeply personal terms about the memory of his late mother to explain his decision. “The linchpin…… MORE
Retired two-star Army general pleads guilty to sexually abusing his daughter
Retired Army Maj. Gen. James Grazioplene on Wednesday admitted to sexually abusing his then-teenage daughter in the 1980s, in exchange for a suspension of his sentence. His daughter, Jennifer Elmore, turned 49 on Wednesday. Grazioplene pleaded guilty in a Prince William County, Virginia, circuit court to aggravated sexual battery. He has been in jail for…… MORE
Jacksonville attorneys file lawsuit to block city from hosting Republican National Convention amid pandemic
Several attorneys in Jacksonville, Florida, filed a lawsuit Wednesday against the city in an attempt to block the Republican National Convention from occurring there amid the coronavirus pandemic. The complaint, filed in Duval County, lists many reasons against Jacksonville hosting the event, including that it would be “a nuisance injurious to the health (and) welfare”…… MORE
Kimberly Guilfoyle says she’s ‘feeling really pretty good’ after coronavirus diagnosis
Kimberly Guilfoyle, the girlfriend of Donald Trump Jr. and a top fundraiser for the Trump campaign, said Wednesday evening that she is feeling “really pretty good” following her coronavirus diagnosis. “I mean personally I’m doing my best and following my doctor’s orders,” she said on the Trump campaign’s online show “The Right View.” “So far…… MORE
Trump granted another 45-day extension to file annual financial disclosure
President Donald Trump has been granted a second 45-day extension to submit his annual financial disclosure form, a White House official told CNN on Wednesday. “The President has a complicated report and he’s been focused on addressing the coronavirus crisis and other matters. As a result, he’s been given an additional 45 days, but the…… MORE
The Ivy League cancels football and all other sports for the fall semester
Don’t expect Ivy League sports this fall due to the ongoing coronavirus pandemic. The Ivy League Council of Presidents said Wednesday that all fall sports, including football, will not be played at its colleges, to include Harvard, Princeton and Yale. “With the information available to us today regarding the continued spread of the virus, we…… MORE
Summer camps close after Covid-19 outbreaks among campers and staff
A summer camp in Arkansas and another in Missouri have closed down after campers and staff tested positive for Covid-19. At the Kanakuk K-2 Camp in Lampe, Missouri, 82 campers, counselors and staff tested positive for Covid-19, according to a Facebook post by the Stone County Health Department. While 31 of the infected were tested…… MORE
