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federalnewsnetwork.com: Update on the latest business

Read Full Article Here: https://federalnewsnetwork.com/government-news/2020/06/update-on-the-latest-business-16/

FINANCIAL MARKETSWall Street drifts, Treasury yields fallNEW YORK (AP) — Wall Street is flipping between small gains and losses as rising coronavirus infection levels clash with hopes for a coming economic recovery.

Hong Kong-based Medakit Ltd. said it mostly operates in Europe and has no business presence in the U.S.

These conditions aren’t tenable.”VIRUS OUTBREAK-CANADA-TRACINGCanada to introduce virus tracing app in JulyTORONTO (AP) — Canada is introducing a contact tracing smartphone app that will notify Canadians of exposure to the new coronavirus.

But technical problems and privacy concerns have dogged the development of virus tracing apps.

BRANDS-REEVALUATING RACECream of Wheat, Mrs. Butterworth confront race in packagingUNDATED (AP) — Cream of Wheat and Mrs. Butterworth are the latest brands reckoning with racially charged logos.

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