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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Current price of oil as of June 10, 2026
Leadershipbathroom battle

North Carolina Will Not Back Down From Bathroom Law by Justice Department Deadline

By
Julia Zorthian
Julia Zorthian
and
TIME
TIME
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By
Julia Zorthian
Julia Zorthian
and
TIME
TIME
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May 6, 2016, 4:37 AM ET
Big businesses speak out against North Carolina law restricting LGBT protections
Front from left, demonstrators Jess Jude, Loan Tran and Noah Rubin-Blose, sit chained together in the middle of the street during a protest against House Bill 2 on Thursday, March 24, 2016, outside of the Governor's Mansion on North Blount Street in downtown Raleigh, N.C. (Jill Knight/Raleigh News & Observer/TNS via Getty Images)Photograph by Raleigh News & Observer/TNS via Getty Images

North Carolina Republican state leaders are gearing up for a clash with the U.S. Justice Department over its controversial new bathroom law banning people from certain bathrooms.

The department sent a letter to Governor Pat McCrory insisting North Carolina back down from the law, known as HB2, for violating the Civil Rights Act. The letter demanded a response from North Carolina by Monday.

“We will take no action by Monday,” House Speaker Tim Moore said Thursday, according to the Los Angeles Times. “That deadline will come and go. We don’t ever want to lose any money, but we’re not going to get bullied by the Obama administration to take action prior to Monday’s date. That’s not how this works.”

 

If North Carolina doesn’t comply with the letter, the Civil Rights Division of the DOJ can file a federal court order, or it could begin steps to limit federal funding for the state.

This article is published in partnership with Time.com. The original version can be found here.

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