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NEW YORK (AP) — Stocks fell sharply on Wall Street Thursday as high-flying technology companies took a tumble after months of spectacular gains. The benchmark S&P 500 lost 3.5%, its biggest loss since June, and the tech-heavy Nasdaq fell 5%. Both indexes set record highs a day earlier. Apple, the most valuable U.S. company, slumped 8%. Big Tech companies have made outsize gains this year as investors bet that they would continue posting huge profits, even with many coronavirus restrictions still in place, as people spend more time online with their devices. Some worry those tech companies will be hit hard in a souring US-China relationship and any future tariffs, according to CNN. Treasury yields fell as cautious investors shifted money into bonds. 770
NEW YORK (AP) — Justin Bieber is hoping the coronavirus pandemic is over by next summer.New dates have been announced for his previously scheduled 2020 tour, which will now take place in 2021. Tickets for his original 2020 tour will be honored on the new dates.The Justin Bieber World Tour was originally planned to begin in May but was postponed because of the coronavirus pandemic. AEG Presents says the 45-date tour will kick off on June 2, 2021, in San Diego. Nineteen new dates have been added to the tour, and the original stops have been rerouted, according to AEG. Kehlani and Jaden Smith were originally also participating in the 2020 tour. AEG Presents says they "will not be appearing on the new dates as new support will be added at a later date."Tickets for the general public go on sale Aug. 6. 816
NEW YORK (AP) — Martha Stewart's first Uber ride was not a good thing.Stewart ordered the "most expensive version" Monday outside Tiffany's flagship store in New York City. As Stewart explained on Instagram , she wanted to be picked up on Fifth Avenue and 57th Street.Stewart wrote the first car did not show up and the second parked "halfway down" the street where she "could not see the license plate." That car was pointed in the wrong direction, delaying her journey as the car snaked through midtown Manhattan traffic.But the worst part was the car "was a mess inside and out!!!!!!!!" She posted a picture that showed debris on the floor and two water bottles.Uber says it was disappointed to hear about Stewart's first experience and has reached out to her and her team. 794
NEW YORK (AP) — The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least .4 billion in taxpayer-backed coronavirus aid. In totaling the church's haul, The Associated Press also found tens of millions of dollars went to dioceses whose financial stress was due not simply to the pandemic but also to recent payouts to victims of clergy sex abuse. The Paycheck Protection Program the church tapped was intended to help small businesses and nonprofits pay workers amid a cratering economy. The church maximized its take after lobbying for an exemption that gave all religious groups preferential treatment. That helped make the Catholic Church among the biggest winners in the U.S. government's pandemic relief efforts. 779
NEW YORK CITY — A man sleeping on a Harlem street was hit with fireworks and suffered burns, police said Monday after a video of the incident circulated on social media.Video shows someone lighting and throwing a firework at the man, who appears to be homeless. The firework explodes as it hits the man.Another person can be seen in the video filming the incident.An NYPD spokesperson said the department received a call at around 4 a.m. Monday near 62 Lenox Ave. (Malcolm X Boulevard) in Harlem.Officers found the man, 66, suffering from minor burns. He was taken to a hospital and was said to be stable.Detectives have since become aware of the social media video and are using it to help identify the suspect.Fireworks thrown at a sleeping homeless man. pic.twitter.com/RF9RyVZsY3— Yossi Gestetner (@YossiGestetner) June 22, 2020 No arrests have been made.New York City — and other parts of the state — are experiencing a surge in firework activity and complaints. There were 1,737 calls to the city about fireworks use in the first half of June, which is more than 80 times the amount in the same period last year. There were just 21 complaints between June 1 and June 15 last year.New York Mayor Bill de Blasio is expected to announce a crackdown on illegal firework suppliers on Tuesday.A group of New Yorkers loudly protested ongoing fireworks issues outside the mayor's Upper East Side mansion late Monday night. Watch more below. Fireworks protesters storm de Blasio's mansion This story was originally published by Corey Crockett on WPIX in New York City. 1615