Industrial rebound and Thai tourism relief packages emerge
The Federal Reserve reported May industrial output up 1.4 percent from April, led by a 3.8 percent rise in manufacturing as auto plants resume, though car production remains 62.8 percent below May 2019. Mines fell 6.8 percent and utilities 2.3 percent. Thailand’s cabinet approved three tourism recovery programs totaling over 22 billion baht to spur domestic travel from July to October, including an 18 billion baht plan offering 40 percent nightly discounts and 600 baht daily e-wallet credits. Boston Dynamics began selling Spot robots online for just under 75 000 dollars with terms prohibiting weaponization. The WTO ruled Saudi Arabia failed to stop beoutQ pirate broadcasts of sports, complicating beIN Sports’ Middle East rights and a potential Newcastle takeover by Saudi investment.
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Federal Reserve
Thailand
Boston Dynamics
World Trade Organization
Saudi Arabia
Gulf
Qatar
Bein Sports Network
Middle East
Beoutq
WTO
Newcastle
Theoutq
Liability waivers rise as businesses reopen across U S
As the U S reopens after the coronavirus shutdowns, many firms require customers and workers to sign waivers promising not to sue if they contract COVID-19. Critics warn such forms undermine safety measures and workers’ rights, while some states push liability limits and national protections. The debate centers on enforcement, employment rights, and equity for Black and Latino workers.
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Washington
U.S
Centers For Disease Control and Prevention
Donald Trump
Tulsa
Oklahoma
Utah
North Carolina
Arkansas
Alabama
U.S. Chamber of Commerce
Johns Hopkins University
Salon Medusa
West Hartford
Connecticut
Lena Whelan
Whelan
Hugh Baran
National Employment Law Project
Baran
John Wolohan
Syracuse University
Wolohan
States
District of Columbia
Doylce Cotten
Hawaii
Louisiana
Virginia
Wisconsin
U S retail sales rise record 17.7 percent in rebound
U S retail sales jumped 17.7 percent from April to May as businesses reopened and stimulus support aided demand. The gain follows March and April declines, with purchases still 6.1 percent below a year earlier. Job gains and looming recovery depend on consumer confidence, reopenings, and possible further aid.
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Baltimore
U.S
Jennifer Lee
BMO Capital Markets
PG&E to plead guilty to 84 counts over Paradise fire deaths
SAN RAMON CALIF. PG&E is set to plead guilty to 84 felony counts of involuntary manslaughter in a court hearing over the 2018 Camp Fire that destroyed Paradise, killed 85, and stretched its bankruptcy and wildfire settlement process. The proceeding includes one felony count of unlawfully causing a fire and a potential $3.5 million fine, with sentencing slated for later in the week. Prosecutors aim for a sea change in PG&E operations as relatives of victims prepare to speak.
MENTIONED IN THIS ARTICLE
San Ramon
Calif
Pacific Gas & Electric
California
Butte County Superior Court
Michael Deems
Pg&e
Paradise
San Francisco
Butte County
Mike Ramsey
Associated Press
Ramsey
U.S
William Alsup
San Bruno
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Bangkok
The
Oklahoma City
Gus Faucher
PNC Financial Services