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Pentagon‘s deputy inspector general resigns

The Defense Department‘s deputy inspector general resigned on Tuesday, more than a month after President Donald Trump removed him as the Pentagon‘s acting inspector general, who was to also oversee the U.S. government 2.3 trillion coronavirus response.

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WHO expects hydroxychloroquine safety findings by mid-June

The World Health Organization (WHO) on Tuesday promised a swift review of data on hydroxychloroquine, probably by mid-June, after safety concerns prompted the group to suspend the malaria drug‘s use in a trial on COVID-19 patients.

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U.S. Supreme Court declines to block at-risk prisoner transfer plan

The U.S. Supreme Court on Tuesday declined to block a judge‘s ruling that requires the U.S. government to evaluate moving up to 837 potentially at-risk prisoners out of a federal prison in Ohio due to concerns about the health risks of the coronavirus.

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S&P 500 clears 3,000 barrier on hopes of recovery, vaccine

U.S. stocks jumped and the S&P 500 crossed 3,000 points on Tuesday as optimism about a potential coronavirus vaccine and a revival in business activity helped investors overlook simmering Sino-U.S. tensions.

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New Jersey used car dealer charged with price gouging New York City on N95 masks

A New Jersey used car dealer was criminally charged on Tuesday with exploiting the coronavirus pandemic by trying to defraud and price gouge New York City into buying N95 respirator masks he was not authorized to sell, in a roughly 45 million scheme.

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New York‘s Cuomo to meet Trump, push infrastructure spending

New York Governor Andrew Cuomo said he will travel to Washington to meet with President Donald Trump on Wednesday and planned to discuss major investments in infrastructure as a way to jumpstart a U.S. economy devastated by the coronavirus pandemic.

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Elon Musk‘s SpaceX raises 346 million ahead of debut astronaut mission

Elon Musk‘s SpaceX said on Tuesday that it raised 346.2 million in a new round of funding, a day before it launches two American astronauts to the International Space Station.

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LATAM airline shares plunge 51% following bankruptcy announcement

Shares in LATAM Airlines Group SA plunged 51% on Santiagos stock exchange after the regions top carrier filed for U.S. bankruptcy protection on Tuesday.

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S&P 500 tops 3,000 on hopes of economic recovery, COVID-19 vaccine

U.S. stocks jumped and the S&P 500 breached 3,000 points on Tuesday as optimism about a potential coronavirus vaccine and a revival in business activity helped investors overlook simmering Sino-U.S. tensions.

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Factbox: Airlines crumble around the globe amid coronavirus pandemic

The coronavirus crisis, which has virtually grounded global air traffic since March, has pushed several struggling airlines over the edge.

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Stocks rally, S&P 500 crosses 3000 barrier; oil gains

Global equity markets strode higher on Tuesday, along with crude oil, as investors set aside Sino-U.S. rhetoric to focus on more stimulus in China and the prospect of a reopening world economy.

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S&P 500 tops 3,000 points on hopes of economic recovery, COVID-19 vaccine

U.S. stocks jumped and the S&P 500 breached 3,000 points on Tuesday as optimism about a potential coronavirus vaccine and a revival in business activity helped investors overlook simmering Sino-U.S. tensions.

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Hong Kong police issue warning amid calls for new demonstrations

Hong Kong police issued a warning late on Tuesday that they would not tolerate disruptions to public order, after activists circulated calls online for fresh demonstrations on Wednesday.

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LATAM becomes largest airline yet driven to bankruptcy by coronavirus

Chile‘s LATAM Airlines Group filed for U.S. bankruptcy protection on Tuesday, becoming the world‘s largest carrier so far to seek an emergency reorganization due to the coronavirus pandemic.

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S&P 500 tops 3,000 pts on hopes of economic recovery, COVID-19 vaccine

U.S. stocks jumped and the S&P 500 breached 3,000 points on Tuesday as optimism about a potential coronavirus vaccine and a revival in business activity helped investors overlook simmering Sino-U.S. tensions.

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Merck to buy Austrian vaccine maker as it jumps into COVID-19 race

Merck & Co Inc , which has largely kept to the sidelines of the race for COVID-19 treatments, said it was buying Austrian vaccine maker Themis Bioscience and would collaborate with research nonprofit IAVI to develop two separate vaccines.

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Instant View: S&P rises above 3,000 level for first time since March

U.S. stocks rose above the 3,000 level for the first time since March 5 on Tuesday, continuing a rally that has pushed the benchmark index up nearly 35% from its March 23 closing low on hopes for a potential coronavirus vaccine and the reopening of businesses across the country.

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60% of U.S. adults plan to get seasonal flu vaccine: Reuters/Ipsos poll

About 60% of U.S. adults either plan to or definitely will get the flu vaccine in the fall amid the coronavirus pandemic, with more Americans who identified themselves as Democrats planning to do so than Republicans, according to a Reuters/Ipsos poll.

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S&P 500 breaches 3,000 mark for first time since early March

U.S. stocks surged at the open and S&P 500 breached a major technical barrier on Tuesday as business restarts and optimism about a potential coronavirus vaccine helped investors overlook Sino-U.S. tensions.

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Investment bank Moelis in talks to represent Latam bondholders in bankruptcy- source

Investment bank Moelis & Co is in talks with a group owning around 3 billion in bonds and loans owed by Latam Airlines Group SA to represent them in the company‘s bankruptcy, one source with knowledge of the matter said on Tuesday.

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Wall Street set to surge at open on recovery, vaccine hopes

Wall Street was set to surge at the open, with the S&P 500 poised to breach a major technical barrier on Tuesday as business restarts and optimism about a potential coronavirus vaccine helped investors overlook Sino-U.S. tensions.

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LATAM becomes largest airline driven to bankruptcy by coronavirus

Chile‘s LATAM Airlines Group SA filed for U.S. bankruptcy protection on Tuesday, becoming the world‘s largest carrier so far to seek an emergency reorganization amid the coronavirus pandemic.

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UK PM Johnson satisfied with senior aide‘s explanation: spokesman

British Prime Minister Boris Johnson is satisfied with the explanation provided by his senior adviser Dominic Cummings for a trip he made during the coronavirus lockdown, his spokesman said on Tuesday.

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Europe‘s travel sector soars, S&P 500 to break 3000 barrier

World shares forged ahead on Tuesday and commodity markets drove higher as well, as investors shrugged off Sino-U.S. tensions to focus on more stimulus in China and a re-opening world economy.

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