| |  |  | The Reuters Daily Briefing | Wednesday, May 5, 2021 by Linda Noakes | Hello Here's what you need to know. Trump won't be back on Facebook for now, rivals move to unseat Netanyahu, and Krispy Kreme eyes new dough | | | | | Today's biggest stories  U.S. Facebook's oversight board upheld the suspension of former U.S. President Donald Trump but said the indefinite suspension was wrong, in a much-awaited verdict that may signal how the company will treat rule-breaking world leaders in the future.
The board said Facebook should determine a "proportionate response" that is consistent with rules applied to other users of the platform, and that the company must complete its review within six months.
Former Minneapolis police officer Derek Chauvin has asked a judge for a new trial, two weeks after he was found guilty of murder and manslaughter in the killing of George Floyd.
Eli Lilly employees have accused a factory executive of altering documents required by government regulators in an effort to downplay serious quality control problems at the U.S. plant producing the drugmaker’s COVID-19 treatment.
Americans had the lowest number of babies in more than four decades last year, as the COVID-19 pandemic forced more people to take care of sick family members or deal with job losses.
|  A woman wearing an oxygen mask sits inside an ambulance as she waits to enter a COVID-19 hospital for treatment in Ahmedabad, India, May 5, 2021. REUTERS/Amit Dave WORLD India accounted for nearly half of the COVID-19 cases reported worldwide last week, the World Health Organization said, as the country’s coronavirus deaths rose by a record 3,780 during the last 24 hours. We look at how the high-tech hunt for scarce vaccines is raising fears over fairness.
Mexico will punish those responsible for an overpass collapse that killed at least 24 people when a train on Mexico City's newest metro line plunged onto a busy road below, the government says. As families spoke to us of their desperate searches for relatives, many of them blamed shoddy construction and political corruption for the collapse.
Israeli Prime Minister Benjamin Netanyahu's two main political rivals have each asked the president for the chance to try to form a government, after Netanyahu failed to meet an overnight deadline to assemble a coalition. Israel's longest serving leader has been fighting to hold onto office through four inconclusive elections since 2019.
Turkey and Egypt will try to improve strained ties at talks starting in Cairo after an eight-year rift which led them to back rival factions in Libya's war and put them at odds in a dispute over east Mediterranean waters.
| BUSINESS Some critical industries could suffer if the U.S. government uses a national security law to redirect scarce computer chips to the auto industry. The analysis suggests the White House could opt to reject calls to invoke the Defense Production Act by automakers and a bipartisan set of lawmakers.
As retail investors pump less money into blank-check companies, returns on those stocks are badly underperforming versus the S&P 500. We found that over 100 special-purpose acquisition companies, or SPACs, that announced mergers this year on average have gained under 2% from the price they traded at when they first listed on the stock exchange.
SpaceX has received more than 500,000 preorders for its Starlink satellite internet service, founder Elon Musk says. Meanwhile, Musk rival Jeff Bezos' rocket company Blue Origin is poised to open up ticket sales for suborbital sightseeing trips today.
Krispy Kreme has confidentially filed with U.S. regulators for an initial public offering, a move that would result in the doughnut chain's return to the stock market five years after it was taken private. The company first went public in 2000, but it had to file for Chapter 11 bankruptcy.
| | | | | | | | | Video of the day  Inside the UK's COVID pilot festival Five thousand people ditched face coverings and social distancing rules in the name of science and music in the English city of Liverpool. | | | Thanks for spending part of your day with us. | | | | | |
