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SEOUL, South Korea (AP) — North Korea says it has suspended nuclear and long-range missile tests and plans to close its nuclear test site.The North's official Korean Central News Agency said the suspension of nuclear and ICBM tests went into effect Saturday.The country says it's making the move to shift its national focus and improve its economy.The announcements came days before North Korean leader Kim Jong Un is set to meet South Korean President Moon Jae-in in a border truce village for a rare summit aimed at resolving the nuclear standoff with Pyongyang.The North's decisions were made in a meeting of the ruling party's full Central Committee which had convened to discuss a "new stage" of policies. 718

Snapchat can't catch a break.Shares of the social media company plunged Wednesday after it changed its app again — only months after a previous redesign that ticked off users.Snap stock was down 7% in midday trading, putting it more than 15% below the price when it went public last year.Last year, Snapchat changed the app to differentiate between a user's personal friends and media superstars that a user follows. Many fans revolted. So did Wall Street.The latest changes appear to backtrack. On the same Discover page, some users now see a test that shows Stories from their friends as well as posts from celebrities and other "influencers" that they subscribe to."We are always listening to our community and will continue to test updates that we hope will give Snapchatters the best possible experience on our platform," a Snapchat spokesperson told CNNMoney in response to a question about the changes.Celebrities aren't pleased with Snap lately, either.Kylie Jenner bashed Snapchat in February. Her tweet criticizing the redesign — she called it "so sad" — caused the stock to tank. Jenner later took a literal baby step back toward Snapchat, posting videos of her infant daughter, Stormi, to the platform.)Related: The Kylie Jenner curse? Snapchat faces its defining momentAnd just last month, Rihanna attacked the company after an ad on Snapchat made light of a 2009 incident in which Rihanna's former boyfriend Chris Brown was arrested. He later pleaded guilty to beating her during an argument.The constant rejiggering of Snapchat has clearly annoyed lots of users, though, not just famous people. It's making investors nervous, too. And it couldn't happen at a worse time for the company.It's still not clear that Snapchat will ever be able to be profitable enough to live up to the hype before it went public. Snapchat rallied after its last "earnings" report, but investors still worry about slow user growth.In many respects, Snapchat's challenges are similar to those of Twitter — a company that never can seem to satisfy Wall Street. Twitter stock fell Wednesday even though the company reported revenue and profit that topped forecasts.Concerns about privacy for social media users have reached new heights since the Facebook/Cambridge Analytica data scandal.Of course, Facebook also owns Snapchat's fiercest rival, Instagram. Many investors worry that Snapchat won't ever top Instagram's user count, especially if Instagram keeps rolling out features similar to Snapchat's.Facebook will report its latest earnings, including Instagram user numbers, after the market closes Wednesday.— CNNMoney's Kaya Yurieff contributed to this story. The-CNN-Wire 2676

Senate Majority Leader Mitch McConnell, R-Ky., said this week he is in favor of passing another round of economic stimulus for Americans, but suggested the funds be targeted to a smaller number of Americans.McConnell told reporters on Monday that the next round of stimulus funds should cover Americans making less than ,000 per year, which is far lower than the threshold for stimulus funds during the last round of aid, which many Americans received in April and May.Congress is currently on recess, but is expected to begin discussions on another round of aid when it reconvenes July 20.In May, House Democrats approved a stimulus plan, which included ,200 checks for those making less than ,000 a year. The House's bill has yet to be considered by the Senate, which had a few Democratic priorities the GOP are standing firmly against – funds for states to count mail-in ballots in the fall and a lack of liability protection for companies.Both McConnell and President Donald Trump have stated support for a second round of stimulus. Last month, in an interview with Scripps Washington correspondent Joe St. George, Trump endorsed providing a second round of stimulus funds."We will be doing another stimulus package, it will be very good, very generous," Trump told St. George on June 22.Trump wouldn’t divulge details on what a second round of stimulus funds would look like. 1398

Sixty-five years ago today, a Black woman from Tuskegee, Alabama changed the course of American history.Rosa Parks, then 42, was arrested on a city bus in Montgomery, Alabama on Dec. 1, 1955, when she refused to give up her seat to a white man. Parks had willfully violated the city's segregation laws, and her actions inspired the Montgomery Bus Boycott — a movement that thrust Dr. Martin Luther King, Jr. onto the scene as a civil rights activist.At the time, segregation laws in the Jim Crow south required all Black passengers to sit in a certain section in the back of city buses. The law also required that Black people give up their seats to white people should the buses fill up.According to the History Channel, Parks was sitting in the first row of the Black section of a fully-loaded Montgomery city bus. When a white passenger boarded, he asked that Parks stand up and give him her seat. She refused and was promptly arrested.According to History Channel, Parks' defiance was spontaneous — but she was also aware that local civil rights leaders had been planning to challenge segregation laws on public transportation.Parks was quickly bailed out of jail by local civil rights leaders, and the NAACP and other Black leaders immediately called for a boycott of the city bus system. For 381 days — over a year — Black people in Montgomery chose to walk rather than ride the bus to oppose the city's racist laws.The boycott placed financial pressure on the city and put the push to end segregation in the national spotlight.It wasn't always easy — city leaders and vigilantes retaliated against the Black community in Montgomery — King's home was firebombed, peaceful protesters were arrested and many Black people in the city lost their jobs.But at the same time, the King-led Montgomery Improvement Association filed a lawsuit in the hopes of challenging segregation on public transportation.The following June, a federal court declared that segregation on public transportation was unconstitutional, and the Supreme Court upheld the ruling that December.In addition to marking a win for Civil Rights across the country, the Montgomery Bus Boycott launched King onto the national scene. He would later push for further integration and help install voting rights legislation that helped Black people let their voices be heard.But it was Parks' bravery to stand up against oppression that served as the spark that ignited a bonfire of change. She served as an inspiration for all Americans until her death in 2005 at the age of 92. 2549

Some of the biggest names in global business and finance have canceled plans to attend an investment conference in Saudi Arabia next week because of the unexplained disappearance of prominent Saudi journalist Jamal Khashoggi.The Washington Post columnist hasn't been seen since he entered the Saudi consulate in Istanbul on October 2.Sources told CNN on Monday that Saudi Arabia is preparing to acknowledge that Khashoggi was killed during an interrogation that went wrong. Saudi authorities have so far maintained that Khashoggi left the consulate the same day of his visit, but have provided no evidence to support the claim.The Saudi conference, known as "Davos in the desert," is part of Crown Prince Mohammed bin Salman's plan to transform the oil-dependent economy.JP Morgan (JPM) CEO Jamie Dimon and the heads of America's top investment firms — Blackrock (BLK) and Blackstone — are among the leading figures who have decided to stay away. Top executives at Ford (F) and MasterCard (MA) have also pulled out, and Google (GOOGL) said Tuesday that the head of its cloud computing business wouldn't participate in the event either.Three of Europe's top bankers — the CEOs of HSBC (HSBC), Credit Suisse (CS) and Standard Chartered (SCBFF) — pulled out on Tuesday. The heads of the International Monetary Fund and the London Stock Exchange (LNSTY) also decided not to go.The chief executives of several prominent Asian and European companies — some of whom have benefited from hefty Saudi investments — are still planning to attend, or are refusing to talk about their plans.Here's a list of big names who are still planning to participate: 1715

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