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Cyprus: EU partners aim to rein in Turkey's 'expansionism'

Menelaos Hadjicostis, Associated Press  |  Posted Jul 7th - 4:50am

Cyprus and its European Union partners are working to rein in Turkey’s “expansionist policy” in the eastern Mediterranean amid heightened tensions over an offshore search for hydrocarbons, the island nation's president said Tuesday.

Hong Kong grappling with future under national security law

Zen Soo and Elaine Kurtenbach, Associated Press  |  Posted Jul 7th - 2:40am

Hong Kong’s leader Carrie Lam offered scant reassurance Tuesday over a new national security law that critics say undermines liberties and legal protections promised when China took control of the former British colony.

EU forecasts deeper economic hit from pandemic

Samuel Petrequin, Associated Press  |  Posted Jul 7th - 2:38am

The European Union's executive arm forecasts that the bloc's economy will contract more than previously expected because of the coronavirus pandemic, which has caused lockdowns on business and public life that are only slowly being eased.

Retailers to governors: Please mandate face mask wearing

Joseph Pisani, Associated Press  |  Posted Jul 7th - 2:01am

Retailers have a message for state governors: Please make everyone wear a face mask.

Update on the latest in business:

The Associated Press  |  Posted Jul 7th - 1:40am

Markets were mostly lower in Asia today as expanding coronavirus outbreaks dim hopes for a global recovery, despite an overnight rally in tech shares that pushed the Nasdaq composite to another record high.

Stocks slink back as virus outbreaks dim recovery hopes

Stan Choe, Associated Press  |  Posted Jul 7th - 1:06am

Most U.S. stocks are slipping in early trading on Tuesday, giving back some of their big gains from the past couple weeks.

AM Prep-Segue

Oscar Wells Gabriel Ii, Associated Press  |  Posted Jul 7th - 1:05am

Tom Hanks says since getting — and recovering from — COVID-19, he's taking things day by day. He says he's had “an ongoing physiological maintenance" for his brain and body. The actor announced in March that he and his wife, Rita Wilson, had the new coronavirus. They recuperated in Australia — and since returning to the U.S., he has hosted a from-home episode of “Saturday Night Live” and released his new World War II naval drama “Greyhound” — though the movie went from being rolled out in theaters to being released on Apple TV+.

Coronavirus slams Poland's already-troubled coal industry

Vanessa Gera, Associated Press  |  Posted Jul 7th - 12:12am

The coronavirus has ripped through Poland's coal mines, where men descend deep underground in tightly packed elevators and work shoulder-to-shoulder to extract the source of 75% of the nation’s electrical power.

AMERICA DISRUPTED: Troubles cleave a nation, and a city

Josh Boak and Kat Stafford, Associated Press  |  Posted Jul 7th - 12:08am

It was difficult to celebrate America in Saginaw this year. The deadly coronavirus had torn through the county. Unemployment had surged five-fold. Weeks of protest over racial inequality left many debating what should be hallowed and what must be changed.

At libel trial, Depp blasts Amber Heard's 'sick' abuse claim

Jill Lawless, Associated Press  |  Posted Jul 7th - 12:03am

Johnny Depp said Tuesday that his ex-wife Amber Heard had made “sick” claims of abuse and falsely branded him a monster, as the actor testified in a U.K. libel case that hinges on who was the aggressor in the celebrity couple’s violent, toxic relationship

The Latest: Spain extends social spending through September

The Associated Press  |  Posted Jul 6th - 11:35pm

Iran has announced its highest single-day spike in deaths from the coronavirus, with 200 new fatalities.

TikTok to leave Hong Kong as security law raises worries

Zen Soo, Associated Press  |  Posted Jul 6th - 10:57pm

TikTok said Tuesday it will stop operations in Hong Kong, joining other social media companies in warily eyeing ramifications of a sweeping national security law that took effect last week.

TikTok says it will stop operations in Hong Kong, after city enacts sweeping national security law

The Associated Press  |  Posted Jul 6th - 10:49pm

TikTok says it will stop operations in Hong Kong, after city enacts sweeping national security law.

Trump donors among early recipients of coronavirus loans

Brian Slodysko and Angeliki Kastanis, Associated Press  |  Posted Jul 6th - 10:11pm

As much as $273 million in federal coronavirus aid was awarded to more than 100 companies that are owned or operated by major donors to President Donald Trump's election efforts, according to an Associated Press analysis of federal data.

Medicare nursing home virus site leaves users 'in the dark'

Ricardo Alonso-Zaldivar, Associated Press  |  Posted Jul 6th - 10:08pm

When the Trump administration required nursing homes to report their COVID-19 cases, it also promised to make the data available to residents, families and the public in a user-friendly way.

Kanye West? The Girl Scouts? Hedge funds? All got PPP loans

Christopher Rugaber, Associated Press  |  Posted Jul 6th - 10:01pm

The government's small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs Americans have suffered in the face of the coronavirus pandemic. Yet the recipients include many you probably wouldn't have expected.

Australia's 2nd largest city foils nation's pandemic success

Andy Brownbill and Rod McGuirk, Associated Press  |  Posted Jul 6th - 10:00pm

Australia has been among the world’s most successful countries in containing its coronavirus outbreak — with one exception.

Asia Today: China's university exam begins after virus delay

The Associated Press  |  Posted Jul 6th - 9:09pm

Almost 11 million students began taking China's university entrance exam Tuesday after a delay as the country worked to bring down coronavirus infections.

Samsung projects 23% jump in 2Q profit on strong chip sales

The Associated Press  |  Posted Jul 6th - 7:28pm

Samsung Electronics Co. said Tuesday its operating profit for the last quarter likely rose 23% from the same period last year, helped by robust demand for memory chips used in personal computers and servers as the coronavirus pandemic has more people working from home.