Business News and FinanceVIEW IN APPAs many U.S. states continue to lift coronavirus lockdown restrictions, some are pausing their reopenings in the face of worrisome data around new cases and hospitalizations. States like Texas, Arizona and Arkansas have seen a surge in infections, calling into question aggressive reopening strategies. Officials at the Centers for Disease Control and Prevention said Friday if rising infection data doesn't improve, and some researchers are warning the resurgences in some states — it's still just the first. CNBC's live coverage in this...…Business News and FinanceVIEW IN APPAs many U.S. states continue to lift coronavirus lockdown restrictions, some are pausing their reopenings in the face of worrisome data around new cases and hospitalizations. States like Texas, Arizona and Arkansas have seen a surge in infections, calling into question aggressive reopening strategies. Officials at the Centers for Disease Control and Prevention said Friday if rising infection data doesn't improve, and some researchers are warning the resurgences in some states — it's still just the first. CNBC's live coverage in this...WW…

Keep Me Logged InKey PointsThe World Health Organization is working with scientists across the globe on at least 20 different coronavirus vaccines with some already in clinical trials in record time — just 60 days after sequencing the gene."The acceleration of this process is really truly dramatic in terms of what we're able to do, building on work that started with SARS, that started with MERS and now is being used for COVID-19 ," Dr. Maria Van Kerkhove, the technical lead for WHO's emergencies program, said at a press conference at the organization's headquarters in Geneva on...…Keep Me Logged InKey PointsThe World Health Organization is working with scientists across the globe on at least 20 different coronavirus vaccines with some already in clinical trials in record time — just 60 days after sequencing the gene."The acceleration of this process is really truly dramatic in terms of what we're able to do, building on work that started with SARS, that started with MERS and now is being used for COVID-19 ," Dr. Maria Van Kerkhove, the technical lead for WHO's emergencies program, said at a press conference at the organization's headquarters in Geneva on...WW…

Key PointsBiden: Strength of economy depends on climate actionLeaders of countries like Brazil, Canada and Japan made commitments on Thursday to curb domestic greenhouse gas emissions and tackle during President 's climate summit.The pledges come shortly after Biden , more than doubling the country's prior commitment under the 2015 Paris climate agreement.The president convened the summit to urge global cooperation on climate change. "It's an encouraging start," Biden told world leaders during the summit. "We're really beginning to make some real progress."In a split from his past attitude...…Key PointsBiden: Strength of economy depends on climate actionLeaders of countries like Brazil, Canada and Japan made commitments on Thursday to curb domestic greenhouse gas emissions and tackle during President 's climate summit.The pledges come shortly after Biden , more than doubling the country's prior commitment under the 2015 Paris climate agreement.The president convened the summit to urge global cooperation on climate change. "It's an encouraging start," Biden told world leaders during the summit. "We're really beginning to make some real progress."In a split from his past attitude...WW…

Key PointsIn this articlePresident on Sunday declared the  a victory for U.S. efforts to build a strong supply chain for electric vehicles in order to create clean energy jobs and curb .The settlement over a trade secrets dispute between LG Energy Solution and SK Innovation will allow two plants in Georgia to move forward with plans to produce lithium ion batteries for and .The companies agreed to drop litigation in the U.S. and South Korea and not pursue further lawsuits for a decade. SK Innovation will also pay LG Energy Solution $1.8 billion in cash and royalties.The deal came...…Key PointsIn this articlePresident on Sunday declared the  a victory for U.S. efforts to build a strong supply chain for electric vehicles in order to create clean energy jobs and curb .The settlement over a trade secrets dispute between LG Energy Solution and SK Innovation will allow two plants in Georgia to move forward with plans to produce lithium ion batteries for and .The companies agreed to drop litigation in the U.S. and South Korea and not pursue further lawsuits for a decade. SK Innovation will also pay LG Energy Solution $1.8 billion in cash and royalties.The deal came...WW…

Key PointsRepublican Sen. Roy Blunt of Missouri on Sunday urged the Biden administration to cut its $2 trillion infrastructure plan to roughly $615 billion and focus on rebuilding physical infrastructure like roads and bridges.In an interview with Fox News Sunday, Blunt – the fourth-ranking Republican in the Senate – argued that only 30% of the president's proposal focuses on traditional infrastructure and said reducing the price would allow the White House to pass the bill through both chambers of Congress."I think there's an easy win here for the White House if they would take that win,...…Key PointsRepublican Sen. Roy Blunt of Missouri on Sunday urged the Biden administration to cut its $2 trillion infrastructure plan to roughly $615 billion and focus on rebuilding physical infrastructure like roads and bridges.In an interview with Fox News Sunday, Blunt – the fourth-ranking Republican in the Senate – argued that only 30% of the president's proposal focuses on traditional infrastructure and said reducing the price would allow the White House to pass the bill through both chambers of Congress."I think there's an easy win here for the White House if they would take that win,...WW…

Key PointsLarry Schwartz, head of New York's vaccine rollout and a longtime adviser of Gov. , called some county officials in recent weeks in an effort to rally their support for the governor as he grapples with an ongoing sexual harassment investigation, citing multiple officials.One county executive, who spoke on the condition of anonymity for fear of retaliation by the Cuomo administration, told The Post that they filed a notice on Friday with the state attorney general office's public integrity unit over a potential ethics violation by Cuomo's office.Schwartz, a former top aide to the...…Key PointsLarry Schwartz, head of New York's vaccine rollout and a longtime adviser of Gov. , called some county officials in recent weeks in an effort to rally their support for the governor as he grapples with an ongoing sexual harassment investigation, citing multiple officials.One county executive, who spoke on the condition of anonymity for fear of retaliation by the Cuomo administration, told The Post that they filed a notice on Friday with the state attorney general office's public integrity unit over a potential ethics violation by Cuomo's office.Schwartz, a former top aide to the...WW…

Key PointsThe Senate on Saturday acquitted former President in a 57-43 vote on the charge of inciting insurrection for his role in the Jan. 6 U.S. Capitol riot, which left 5 people dead including a police officer. in the most bipartisan majority to support an impeachment conviction in U.S. history. Democrats needed 17 Republicans to join them to convict Trump and hold a separate vote to bar him from running for office in the future.The decision came after House impeachment managers reversed course and dropped a call for witnesses that would have delayed the verdict. The acquittal marks the...…Key PointsThe Senate on Saturday acquitted former President in a 57-43 vote on the charge of inciting insurrection for his role in the Jan. 6 U.S. Capitol riot, which left 5 people dead including a police officer. in the most bipartisan majority to support an impeachment conviction in U.S. history. Democrats needed 17 Republicans to join them to convict Trump and hold a separate vote to bar him from running for office in the future.The decision came after House impeachment managers reversed course and dropped a call for witnesses that would have delayed the verdict. The acquittal marks the...WW…

Key PointsPresident on Sunday called on Congress to strengthen gun laws on the third anniversary of the mass shooting at Marjory Stoneman Douglas High School in Parkland, Florida."Today, as we mourn with the Parkland community, we mourn for all who have lost loved ones to gun violence," Biden The president called for several provisions including background checks on all gun sales, banning assault weapons and high-capacity magazines and eliminating legal immunity for gun manufacturers."This Administration will not wait for the next mass shooting to heed that call. We will take action to...…Key PointsPresident on Sunday called on Congress to strengthen gun laws on the third anniversary of the mass shooting at Marjory Stoneman Douglas High School in Parkland, Florida."Today, as we mourn with the Parkland community, we mourn for all who have lost loved ones to gun violence," Biden The president called for several provisions including background checks on all gun sales, banning assault weapons and high-capacity magazines and eliminating legal immunity for gun manufacturers."This Administration will not wait for the next mass shooting to heed that call. We will take action to...WW…

Key PointsOnline broker Robinhood said that it put temporary buying restrictions on a small number of securities because central Wall Street clearinghouse-mandated deposit requirements for equities increased tenfold.The decision by Robinhood, a free-trading pioneer and app that's popular among small investors, drew scrutiny from its customers over the past week."It was not because we wanted to stop people from buying these stocks," Robinhood "We did this because the required amount we had to deposit with the clearinghouse was so large — with individual volatile securities accounting for...…Key PointsOnline broker Robinhood said that it put temporary buying restrictions on a small number of securities because central Wall Street clearinghouse-mandated deposit requirements for equities increased tenfold.The decision by Robinhood, a free-trading pioneer and app that's popular among small investors, drew scrutiny from its customers over the past week."It was not because we wanted to stop people from buying these stocks," Robinhood "We did this because the required amount we had to deposit with the clearinghouse was so large — with individual volatile securities accounting for...WW…

The coverage on this live blog has ended — but for up-to-the-minute coverage on the coronavirus, The number of confirmed coronavirus cases globally rose above 5.4 million, data compiled by Johns Hopkins University showed. In Japan, the government is seeking to end the state of emergency for Tokyo and other areas while considering $1 trillion in fresh stimulus for the battered economy.Ahead of the Memorial Day holiday weekend, all states in the U.S. began to lift some restrictions implemented to halt the spread of the coronavirus. Government officials are still urging people to practice...…The coverage on this live blog has ended — but for up-to-the-minute coverage on the coronavirus, The number of confirmed coronavirus cases globally rose above 5.4 million, data compiled by Johns Hopkins University showed. In Japan, the government is seeking to end the state of emergency for Tokyo and other areas while considering $1 trillion in fresh stimulus for the battered economy.Ahead of the Memorial Day holiday weekend, all states in the U.S. began to lift some restrictions implemented to halt the spread of the coronavirus. Government officials are still urging people to practice...WW…