| | | The Reuters Daily Briefing | Friday, June 4, 2021 by Linda Noakes | Hello Here's what you need to know. Biden races to salvage an infrastructure deal, Hong Kong cracks down on Tiananmen commemoration, and Musk breakup tweets bruise bitcoin | | | Today's biggest stories President Joe Biden and first lady Jill Biden are accompanied by Secret Service agents while riding bikes at Cape Henlopen State Park in Rehoboth Beach, Delaware, June 3, 2021. REUTERS/Kevin Lamarque U.S. President Joe Biden will meet with the main Republican negotiator on infrastructure spending today as they try to craft a deal that can satisfy their sharply divided camps. Progressive Democrats in Congress are getting uneasy with Biden's bipartisan push, warning they could block an agreement that falls short of what they think the country needs.
U.S. employers boosted hiring in May as the easing pandemic, helped by vaccinations, pulled more people back into the labor force, offering assurance that the economy's recovery from the COVID-19 recession remained on track.
The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official has told Reuters.
A group of landlords has asked the Supreme Court to issue an order that would effectively end the federal government's national ban on residential evictions during the coronavirus pandemic.
Work crews in Minneapolis took down barricades that had stopped most vehicles from driving through the intersection where George Floyd was murdered by a police officer just over a year ago, though activists quickly replaced them with makeshift barriers.
| BUSINESS Bitcoin slipped 4% after Tesla boss Elon Musk was at it again - this time firing off a few tweets that appeared to lament a breakup with the cryptocurrency. "He's trolling the community," said Bobby Ong, co-founder of crypto data aggregator and analytics website CoinGecko.
Biden’s strategy to make the United States a powerhouse in electric vehicles will include boosting domestic recycling of batteries to reuse lithium and other metals, according to government officials.
Europe and Britain launched formal antitrust investigations into Facebook to determine if the world's largest social network is using customers' data to unfairly compete with advertisers, in a new threat to its business model.
Eagerly anticipated albums are often disappointing. Guns N’ Roses kept fans waiting 15 years for 2008’s 'Chinese Democracy', a patchy record at best. Billionaire Bill Ackman can expect a similarly flat reception to his blank-check firm announcing it is in talks to buy 10% of Universal Music for $4 billion, says Breakingviews columnist Liam Proud.
| | | | | | Quote of the day "We cannot continue to rely on a tax system that was largely designed in the 1920s. And I will just say this: the world has noticed" Rishi Sunak British finance minister G7 debates tax reform | | | Video of the day "I take care of them" - Cuban man befriends pelican colony 'Michel the noble' and 'Panchito the affectionate' are some of the names Leonardo Carrillo has given the pelicans that flock each year to his wooden hut on the southern coast of Cuba. | | Thanks for spending part of your day with us. | | | | | |
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