< Portal:Current events

Portal:Current events/2015 July 8

July 8, 2015 (2015-07-08) (Wednesday)
Armed conflicts and attacks
Business and economy
  • The British bank Barclays fires Chief Executive Antony Jenkins for his failure to reduce head count and the pace of cost cutting with Chairman John McFarlane to act as interim CEO until a replacement is appointed. The bank was recently convicted of earning billions through fraud as part of the LIBOR scandal (BBC), (The Guardian)
  • Chinese stock market collapse: The Shanghai stock market falls 30% over the past three weeks as 1,400 companies, or more than half listed, file for a trading halt in an attempt to prevent further losses. (The Guardian)
  • Microsoft announces another 7,800 job cuts primarily in its struggling phone division acquired from Nokia. (Wired)
  • The New York Stock Exchange stops trading for nearly four hours due to a technical error. (CNN)
  • Staff workers for the London Underground begin a 27-hour strike after management and labor unions were unable to reach a deal regarding overnight train services. (BBC)
Disasters and accidents
  • A ground stop of all U.S. airport-based United Airlines (UAL) mainline flights following a system-wide network connectivity issue is lifted after a 1 hour, 21 minute suspension of morning service. The Federal Aviation Administration (FAA), which is also investigating, says all of United Continental Holdings Inc. regional airlines are now unaffected. This follows a similar issue on June 2, 2015 due to automation problems. (Reuters, via MSN) (Los Angeles Times)
  • 2015 Pacific typhoon season
    • Typhoon Chan-hom (Falcon) hits the Philippines with two people killed and two people injured. (Xinhua)
International relations
Law and crime
Sports
  • Gerald Bruce Lee, a United States District Court judge for the Eastern District of Virginia, cancels the trademark of the Washington Redskins in the National Football League on the grounds that the team name may be offensive to Native Americans. (AP)
  • Cuban international footballer Keiler García defects to the United States while in Chicago – the day before Cuba's match against Mexico at Soldier Field.(ESPN (UK))
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.