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Business in pictures

The Associated Press
Outgoing French Prime Minister Edouard Philippe, left, applauds newly named Prime Minister Jean Castex, after the handover ceremony in Paris, Friday, July 3, 2020. French President Emmanuel Macron on Friday named Jean Castex, who coordinated France's virus reopening strategy, as the country's new prime minister as the country focuses on reviving an economy hard-hit by the pandemic and months of strict lockdown. (Thomas Samson, Pool via AP)
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Horse mounted police officers patrol Via della Conciliazione, the street leading to St. Peter's Basilica at the Vatican, on the occasion of the Feast of Rome's Patrons Saints Peter and Paul, in Rome Monday, June 29, 2020. (Mauro Scrobogna/LaPresse via AP)
The Associated Press
Germany's Chancellor Angela Merkel walks, prior to a joint press conference with EU Commission President Ursula von der Leyen via videolink, in the foyer of the Federal Chancellery, in Berlin, Thursday, July 2, 2020. Merkel joined the President of the EU Commission, the three executive Vice-Presidents, the Commissioner for External Relations and the Commissioner for Internal Affairs to discuss the work programme as Germany took over the presidency of the Council of the EU. (Kay Nietfeld/dpa via AP)
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The logo for social media giant Facebook, appears on screens at the Nasdaq MarketSite, in New York's Times Square. A Black Facebook employee, joined by two others who were denied jobs at the social network, has filed a complaint against the company, saying it discriminates against Black workers and applicants in hiring, evaluations, promotions and pay. Facebook did not immediately respond to a message for comment Thursday, July 2, 2020.
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People gather near the bodies of victims of a landslide near a jade mining area in Hpakant, Kachin state, northern Myanmar Thursday, July 2, 2020. Myanmar government says a landslide at a jade mine has killed dozens of people.
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A sold sign in front of a house in Brighton, N.Y. Long-term U.S. mortgage rates fell this week with the benchmark 30-year home loan hitting its lowest level ever. Mortgage buyer Freddie Mac reported Thursday, July 2 that the average rate on the key 30-year fixed-rate mortgage fell to 3.07%, down from last week’s 3.13%.
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A Bharatiya Janata Party activist burns a photograph of Chinese President Xi Jinping during a protest in Jammu, India, Wednesday, July.1, 2020. Indian TikTok users awoke Tuesday to a notice from the popular short-video app saying their data would be transferred to an Irish subsidiary, a response to India's ban on dozens of Chinese apps amid a military standoff between the two countries. The quick workaround showed the ban was largely symbolic since the apps can’t be automatically erased from devices where they are already downloaded, and is a response to a border clash with China where 20 Indian soldiers died earlier this month, digital experts said.
The Associated Press
Hong Kong media tycoon Jimmy Lai pauses during an interview Hong Kong Wednesday, July 1, 2020. Lai said in an interview Wednesday that Hong Kong is dead under the new national security law. Lai, who owns popular newspaper Apple Daily, is a prominent advocate for democracy in Hong Kong.
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Facebook CEO Mark Zuckerberg speaks at the Paley Center in New York. On Wednesday, July 1, 2020, more than 500 companies kicked off an advertising boycott intended to pressure Facebook into taking a stronger stand against hate speech. Zuckerberg has agreed to meet with its organizers early the following week.
The Associated Press
The Cisco logo appears on a screen at the Nasdaq MarketSite in New York's Times Square. California regulators have sued Cisco Systems for discriminating against an engineer at the company's headquarters because he is a Dalit Indian. India’s caste system has long placed Dalits at the bottom of a social hierarchy. California's lawsuit says Cisco broke the Civil Rights Act of 1964 and California’s Fair Employment and Housing Act.
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People walk backdropped by the Byzantine-era Hagia Sophia, one of Istanbul's main tourist attractions, in the historic Sultanahmet district of Istanbul. The 6th-century building is now at the center of a heated debate between conservative groups who want it to be reconverted into a mosque and those who believe the World Heritage site should remain a museum.
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Turkey's President Recep Tayyip Erdogan speaks to the members of his ruling party in a televised address, in Ankara, Turkey, Wednesday, July 1, 2020. Erdogan vowed on Wednesday to tighten government control over social media, following alleged insults on Twitter to his daughter and son-in-law who announced the birth of their fourth child on the website. (Presidential Press Service via AP, Pool)
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Police detain protesters against the new security law during a march marking the anniversary of the Hong Kong handover from Britain to China, Wednesday, July. 1, 2020, in Hong Kong. Hong Kong marked the 23rd anniversary of its handover to China in 1997 just one day after China enacted a national security law that cracks down on protests in the territory.
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A Boeing 737 MAX jet heads to a landing at Boeing Field following a test flight Monday, June 29, 2020, in Seattle. The jet took off from Boeing Field earlier in the day, the start of three days of re-certification test flights that mark a step toward returning the aircraft to passenger service. The Federal Aviation Administration test flights over the next three days will evaluate Boeing's proposed changes to the automated flight control system on the MAX, a system that activated erroneously on two flights that crashed, killing 346 people.
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Journalist Ruhollah Zam speaks during his trial at the Revolutionary Court, in Tehran, Iran. Iran. The judiciary spokesman, Gholamhossein Esmaili, announced Tuesday, June 30, 2020 that Zam, a journalist whose online work helped inspire the 2017 economic protests and who returned from exile to Tehran was sentenced to death. The Persian writing on the podium reads, "defendant's place." (Ali Shirband/Mizan News Agency via AP)
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The logo of the sports goods manufacturer Adidas in Berlin, Germany. The head of global human resources at sports apparel and shoe company Adidas resigned Tuesday, June 30, 2020 following criticism from employees of what they see as the company's failure to diversify its workforce.
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Emilio Lozoya, former head of Mexico's state-owned oil company Pemex, gives a press conference in Mexico City. Lozoya, who was arrested in February 2020 by Spanish police on an international warrant issued by Mexico, has dropped his extradition fight and agreed to return to Mexico to cooperate in corruption investigations, according to Attorney General Alejandro Gertz Manero on Tuesday, June 30, 2020.
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American flags are reflected in a protective shield as Treasury Secretary Steven Mnuchin testifies during a House Financial Services Committee hearing on the coronavirus response on Capitol Hill in Washington, Tuesday, June 30, 2020. (Tasos Katopodis/Pool via AP)
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Pro-China supporters holding Chinese national flags, toast during a rally to celebrate the approval of a national security law for Hong Kong, in Hong Kong, Tuesday, June 30, 2020. Hong Kong media are reporting that China has approved a contentious law that would allow authorities to crack down on subversive and secessionist activity in Hong Kong, sparking fears that it would be used to curb opposition voices in the semi-autonomous territory. A placard reads "Country secure, Hong Kong secure, the country prospects, the people at peace".
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Russian President Vladimir Putin listens to employees of Uralvagonzavod factory in Nizhny Tagil, Russia. In 2011, Nizhny Tagil - an industrial city some 1,400 kilometers (870 miles) east of Moscow - was nicknamed “Putingrad” for its residents' fervent support of the president. Now, however, workers who once defended Putin are speaking out against the constitutional reforms that would allow him to stay in office until 2036.
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A Boeing 737 Max being built for Norwegian Air International taxis for a test flight, at Renton Municipal Airport in Renton, Wash. Key senators say the Federal Aviation Administration is stonewalling their attempt to get documents that might explain how the agency approved the Boeing 737 Max, which remains grounded more than a year after two deadly crashes. Senate Commerce Committee Chairman Roger Wicker, a Republican from Mississippi, said Wednesday, June 17, 2020 that the FAA has failed to respond to more than half of his committee’s requests for documents.
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The sun rises behind the Supreme Court on Capitol Hill in Washington, Monday, June 29, 2020. The Supreme Court has refused to block the execution of four federal prison inmates who are scheduled to be put to death in July and August. The executions would mark the first use of the death penalty on the federal level since 2003.
The Associated Press
European Union's Brexit negotiator Michel Barnier waits for start of a meeting on further Brexit negotiations at EU headquarters in Brussels, Monday, June 29, 2020. European Union and U.K. negotiators resumed in-person talks on a post-Brexit trade deal on Monday, with both sides insisting that the process must accelerate markedly if they're to reach an agreement by the end of the year. (John Thys, Pool Photo via AP)
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A car drives past the Federal Reserve building in Washington. The Federal Reserve on Sunday, June 28, 2020, released a list of roughly 750 companies, including Apple, Walmart, and ExxonMobil, whose corporate bonds it will purchase in the coming months in an effort to keep borrowing costs low and smooth the flow of credit. The central bank also said it has, so far, purchased nearly $429 million in corporate bonds from 86 of those companies, including AT&T, Walgreen's, Microsoft, Pfizer, and Marathon Petroleum.
The Associated Press
A woman looks at the plywood covering the windows of a Starbucks store in downtown Naperville, Ill., as Naperville residents used hearts to post messages in support of the Black Lives Matter movement. Starbucks is the latest company to say it will pause social-media ads after a campaign led by civil-rights organizations called for an ad boycott of Facebook, saying it doesn't do enough to stop racist and violent content. Starbucks said Sunday, June 28 that its actions were not part of the “#StopHateforProfit” campaign, but that it is pausing its social ads while talking with civil rights organizations and its media partners about how to stop hate speech online.