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Mexican funeral homes face ‘horrific‘ unseen coronavirus toll

Like many people around the world, Mexican funeral home owner Salvador Ascencio did not believe at first the coronavirus outbreak was going to be a big deal.

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Senate passes bill that could block Chinese firms from U.S. securities exchanges

The U.S. Senate passed legislation on Wednesday that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they follow standards for U.S. audits and regulations.

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Apple-Google contact tracing tech draws interest in 23 countries, some hedge bets

Authorities in 23 countries across five continents have sought access to contact tracing technology from Apple Inc and Alphabet Inc‘s Google, the companies announced on Wednesday as they released the initial version of their system.

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Pompeo calls China virus response ‘paltry‘ compared to damage done

U.S. Secretary of State Mike Pompeo took fresh aim at China over the coronavirus on Wednesday, calling the 2 billion that Beijing has pledged to fight the pandemic "paltry" compared to the hundreds of thousands of lives lost and trillions of dollars of damage.

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Trump ouster of inspectors general threatens coronavirus stimulus watchdog

President Donald Trump‘s purge of several internal watchdogs at U.S. agencies could hobble anti-fraud oversight for the 3 trillion in federal relief measures aiding businesses, state governments and others hit hard by the coronavirus pandemic.

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Democrats grill EPA chief on regulatory rollbacks during coronavirus outbreak

Democratic senators on Wednesday grilled Environmental Protection Agency chief Andrew Wheeler on the agency‘s recent moves to roll back rules and halt enforcement actions and monitoring requirements during the coronavirus outbreak, saying they would especially harm minorities.

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S&P 500 hits two-month high on growing recovery hopes

The S&P 500 hit more than a two-month high on Wednesday as signs of additional economic stimulus raised hopes of a swift recovery from a coronavirus-driven slump.

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Cyclone kills 14 in India, Bangladesh leaving trail of destruction

A powerful cyclone pounded eastern India and Bangladesh on Wednesday, killing at least 14 people and destroying thousands of homes, officials said, leaving authorities struggling to mount relief efforts amid a surging coronavirus outbreak.

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Apollo Global invests 1.75 billion in U.S. supermarket operator Albertsons

Buyout firm Apollo Global Management said on Wednesday it has invested 1.75 billion in Albertsons Companies Inc, a sign of confidence in the debt-laden U.S. supermarket operator whose fortunes have picked up in the coronavirus outbreak.

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Michigan Governor Whitmer faces mainstream backlash against shutdown

Michigan Governor Gretchen Whitmer is facing an increasingly mainstream backlash against her stay-at-home orders, with a growing number of local officials and business leaders arguing the restrictions have outlived their usefulness.

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Fed policymakers pledged to act as appropriate, minutes show

Federal Reserve policymakers re-upped a pledge to keep interest rates near zero until they are confident the U.S. economy is on track to recovery, a detailed summary of their most recent policy-setting meeting shows.

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Michigan hit with ‘500-year‘ flooding in midst of COVID-19 pandemic

Rising flood waters, already as high as five feet, submerged parts of the central Michigan of Michigan on Wednesday after days of heavy rain led to the failure of two dams and the evacuation of thousands of people.

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Volkswagen admits car ad racist, apologizes

Volkswagen withdrew on Wednesday an advert posted on its official Instagram page for its Golf cars that it admitted was racist and insulting, saying it would investigate how it came about and draw consequences.

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More than 1,100 former U.S. prosecutors slam attempt to drop Flynn charges

More than 1,100 former U.S. federal prosecutors on Wednesday blasted the attempt by Republican President Donald Trump‘s Justice Department to dismiss a charge against former national security adviser Michael Flynn, saying the move puts Trump‘s personal interests ahead of the public good.

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WHO reports most coronavirus cases in a day as cases approach five million

The World Health Organization expressed concern on Wednesday about the rising number of new coronavirus cases in poor countries, even as many rich nations have begun emerging from lockdown.

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Oil gains, stocks rally on renewed recovery hopes

Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet on a rapid recovery from the coronavirus-induced recession.

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Powerful cyclone tears into India, Bangladesh, killing five

A powerful cyclone killed at least five people as it swept through eastern India and Bangladesh on Wednesday, accompanied by a storm surge that swamped embankments and destroyed hundreds of homes in low-lying coastal areas, officials said.

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‘Life-threatening‘ flood submerges central Michigan city after two dams breached

Flood waters as high as five feet submerged parts of the city of Midland in central Michigan on Wednesday after heavy rain caused a swollen river to overflow its banks and breach two nearby dams, but there were no immediate reports of casualties.

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New York City‘s low-income, minority areas hit hardest by COVID-19, Cuomo says

New York City residents from low-income communities have tested positive for COVID-19 antibodies at a higher-than-average rate, underscoring the disproportionate impact of the disease on people of color, Governor Andrew Cuomo said on Wednesday.

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Pompeo says State Dept. watchdog should have been fired ‘some time ago‘

U.S. Secretary of State Mike Pompeo on Wednesday declined to say why he recommended firing the State Department‘s inspector general, but added he should have done it earlier and rejected claims his decision was motivated by political retaliation.

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Apple and Google still in talks with UK about COVID-19 app technology

Apple and Google said they were continuing to talk to the British government about the technology used in its smartphone COVID-19 contact tracing app as the two companies released the initial version of their own system.

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Apple-Google contact tracing tech launches, with 23 countries seeking access

Authorities in 23 countries across five continents have sought access to contact tracing technology from Apple Inc and Alphabet Inc‘s Google, the companies announced on Wednesday as they released the initial version of their system.

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U.S. arrests two men wanted by Japan over ex-Nissan boss Carlos Ghosn‘s escape

U.S. authorities on Wednesday arrested a former Special Forces soldier and another man wanted by Japan on charges that they enabled the escape of former Nissan Motor Co boss Carlos Ghosn out of the country.

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San Francisco area roads busier, still far below normal as stay home orders remain

More people have been venturing out for work and play in recent weeks in the San Francisco Bay Area, according to traffic data, even as some of the strictest stay-at-home orders in the country remain in a region that is home to global tech companies like Alphabet Inc‘s Google and Facebook Inc.

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