Thursday news
Here are some of the top news stories from Thursday:
Politics
- The House of Representatives has passed a bill to raise the minimum wage to $15 an hour, a key priority for Democrats. The bill now heads to the Senate, where it is expected to face opposition from Republicans. (The New York Times)
- The Trump administration has announced plans to withdraw from the Open Skies Treaty, a 35-year-old agreement that allows countries to conduct unarmed surveillance flights over each other's territories. (The Washington Post)
Business
- The Dow Jones Industrial Average fell over 400 points on Thursday, its worst day in over a month, as investors grew increasingly concerned about the spread of the coronavirus and its impact on the global economy. (CNBC)
- Tesla's stock price surged over 10% on Thursday after the company reported a surprise profit in the second quarter, despite ongoing challenges in the global auto industry. (Bloomberg)
World
- The death toll from a massive explosion in Beirut, Lebanon, has risen to over 150, with thousands more injured. The blast was caused by a fire at a warehouse storing ammonium nitrate, a highly explosive chemical. (Al Jazeera)
- The United States and China have agreed to a new trade deal, which will see China increase its purchases of American agricultural products and reduce its tariffs on US goods. (The Wall Street Journal)
Sports
- The NBA has announced that it will resume its season on July 30, with a 22-team tournament to be held in Orlando, Florida. The tournament will feature all 22 teams that were in playoff position when the season was suspended in March. (ESPN)
- The NFL has announced that it will allow teams to hold training camp practices in their home stadiums, rather than at their usual training facilities, in order to reduce the risk of COVID-19 transmission. (NFL.com)
Entertainment
- The 2021 Grammy Awards have been postponed due to the ongoing pandemic, with a new date to be announced in the coming weeks. (Variety)
- The new James Bond film, "No Time to Die," has been delayed until November 2021, due to the pandemic. (The Hollywood Reporter)
I hope that helps!