AUSTRALIAN MEDIA COMPANIES FINED A$1.1 MILLION FOR ORDER BREACH IN GEORGE PELL CASE

Highlights:

• An Australian court has ordered the media firms for paying a total of 1.1 million Australian dollars
• The media firms of Australia has to pay the amount as fines for breaking the suppression order of George Pell for child sexual assault

New Social-media  bill and Brexit

U.S. stocks closed lower Tuesday as investors digestible a torrent of company earnings reports and a brand new bill to create it easier for social media users to migrate far from trade heavyweights Facebook, Snap, and Twitter to rival platforms.

The four members of the stock index Indus...