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Uber has just suffered a significant setback in one of its biggest markets.London transit officials have decided not to extend the company's license to operate in the city beyond midnight local time on Monday. In a statement, Transport for London (TfL) said it had identified "a pattern of failures by the company including several breaches that placed 365

WASHINGTON — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point in an effort to support the economy in the face of the spreading coronavirus, or COVID-19. Chairman Jerome Powell noted that COVID-19 “poses evolving risks to economic activity." According to 324

Walmart has removed about 1,000 third-party items from its website in the wake of two mass shootings after determining the products violate company policy, a company spokesperson told CNN Tuesday.The retail giant regularly reviews its 75 million online offerings, looking for items that violate its ban on merchandise that glorifies violence, the company said. A recent review focused on gun-related items after 31 people were killed in mass shootings in El Paso, Texas, and Dayton, Ohio, earlier this month. The products were removed over the last week, the spokesperson said.The retailer has been facing pressure to remove firearms from its physical stores and criticized for selling pro-gun T-shirts on its e-commerce site.Last week, Walmart pulled displays of violent video games in its stores. But that policy change does not apply to the sale of controversial video games nor to the sale and display of firearms.At least 31 people were killed in separate shootings earlier this month in an El Paso Walmart and outside a strip of entertainment venues in Dayton. The Dayton shooter was killed by police within 30 seconds of opening fire.The 21-year-old suspect in the El Paso shooting surrendered to police on the day of the attack. He told police he was targeting Mexicans, according to an arrest affidavit.The El Paso shooting came a week after a disgruntled Walmart employee killed two co-workers and wounded an officer at a Southaven, Mississippi store. Walmart's CEO Doug McMillon said that the company will respond in a "thoughtful and deliberate" way to both shootings. 1592

We will be, by mutual consent, temporarily closing our Northern Border with Canada to non-essential traffic. Trade will not be affected. Details to follow!— Donald J. Trump (@realDonaldTrump) March 18, 2020 219

WASHINGTON — The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset the impact of the coronavirus outbreak. The central bank said the effects of the outbreak will weigh on economic activity in the near term and pose risks to the economic outlook. The central bank said it will keep rates at nearly zero until it feels confident the economy has weathered recent events. The Fed also said it has dropped its requirements that banks hold cash reserves in another move to encourage lending.The Fed's announcement comes after President Donald Trump badgered the the apolitical agency throughout weekend, pushing them to lower rates. Trump lauded the decision at a press conference at the White House on Sunday evening."I'm very happy," Trump said. "...you won't hear anything bad from me (about the fed) unless it's a few months from now." 1018

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