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William S. Sessions, former FBI director, dies at 90: media

WASHINGTON (Reuters) – William S. Sessions, an FBI chief under three U.S. presidents who won praise for bringing more diversity to the agency but who was fired after being investigated for ethical lapses, died Friday aged 90, U.S. media reported. The cause was... More »

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Russia’s space chief complains about American jokes

MOSCOW (Reuters) – Americans should show more respect for Russia’s space program after relying on it for nine years as the only way to send U.S. astronauts into orbit, the head of Russia’s space agency said. The United States launched the first astronauts from... More »

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Trump’s troop cut in Germany blindsided senior U.S. officials

WASHINGTON (Reuters) – President Donald Trump’s decision to cut U.S. troop levels in Germany blindsided a number of senior national security officials, according to five sources familiar with the matter, and the Pentagon had yet to receive a formal order to ca... More »

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IBM exits facial recognition business, calls for police reform

WASHINGTON (Reuters) – International Business Machines Corp (IBM.N) disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to pursue justice and racial equity, new Chief Executive Office... More »

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Biden’s ‘compassion’ meant world to Floyd family: lawyer

(Reuters) – Democratic presidential candidate Joe Biden showed compassion that “meant the world” to George Floyd’s family on Monday, according to a lawyer for relatives of the black man who died in police custody. Biden met with Floyd’s relatives in Houston fo... More »

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U.S. bank regulator finalizes new community lending rule

WASHINGTON (Reuters) – A U.S. banking regulator announced on Wednesday it had finalized work on a long-running effort to change community lending standards for banks. The new rule from the Office of the Comptroller of the Currency (OCC) is an update to require... More »

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Democrat Biden says he would kill Keystone XL pipeline

WASHINGTON (Reuters) – Joe Biden’s campaign said on Monday that if elected president, the presumptive Democratic nominee would rescind the permit for Keystone XL pipeline, which effectively would doom the long-troubled project. In doing so, Biden would reverse... More »

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Senator Rubio chosen as acting Intelligence Committee chairman

WASHINGTON (Reuters) – U.S. Senator Marco Rubio will serve as acting chairman of the Senate Select Committee on Intelligence, Senate Majority Leader Mitch McConnell said on Monday, after Senator Richard Burr announced he would step aside from the position duri... More »

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China announces new tariff waivers for some U.S. imports

BEIJING (Reuters) – China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States. China’s fi... More »

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Trump and Republicans narrowly top Biden in April fundraising

(Reuters) – President Donald Trump’s re-election campaign and the Republican National Committee said on Monday they jointly raised $61.7 million in April, just beating the month’s haul for presumptive Democratic presidential nominee Joe Biden and his party. A ... More »

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Senate to reconsider expired surveillance tools

WASHINGTON (Reuters) – The U.S. Senate will make a renewed attempt this week to extend parts of the Foreign Intelligence Surveillance Act (FISA), Senate Majority Leader Mitch McConnell said on Monday, two months after the divisive government surveillance tools... More »

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Trump may help offset states’ coronavirus costs: Hassett

WASHINGTON (Reuters) – President Donald Trump may be open to further federal funding to help U.S. states recover funds spent battling the novel coronavirus, White House economic adviser Kevin Hassett said on Sunday as Congress weighs another possible economic ... More »

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Masked and standing apart, the world creeps out of lockdown

ROME/WASHINGTON (Reuters) – Italy and the United States were among a slew of countries easing lockdown restrictions on Monday to resurrect economies, but officials cautioned against moving too swiftly as global deaths from the coronavirus neared a quarter of a... More »

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Trump says up to 100,000 Americans may die from coronavirus

WASHINGTON (Reuters) – U.S. President Donald Trump said on Sunday he now believes as many as 100,000 Americans could die in the coronavirus pandemic, after the death toll passed his earlier estimates, but said he was confident a vaccine would be developed by t... More »

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Trump says will address national debt if re-elected: interview

WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday he would like to address the ballooning national debt if he wins re-election in November, but did not provide details on how he would do so. Asked if he had a debt reduction plan, Trump told con... More »

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White House considering replacing HHS chief Azar: reports

WASHINGTON (Reuters) – President Donald Trump’s administration is considering replacing its secretary of Health and Human Services, Alex Azar, because of early missteps in the handling of the coronavirus pandemic, the Wall Street Journal and Politico reported ... More »

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Biden raises over three times as much money as Trump in March

WASHINGTON/NEW YORK (Reuters) – U.S. presidential candidate Joe Biden raised more than three times as much money for his campaign than President Donald Trump managed in March, a potential sign of voter enthusiasm for the Democratic challenger. Biden’s campaign... More »

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FCC approves Ligado plan to deploy mobile broadband network

WASHINGTON (Reuters) – The five-member Federal Communications Commission voted unanimously to approve an order to allow Ligado Networks[MOSAV.UL] to deploy a low-power nationwide 5G network despite objections from the U.S. Defense Department, other federal age... More »

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Oil agreement could support stocks, providing a floor

(Reuters) – An agreement by oil-producing nations on Sunday to cut output by a record amount may sustain a recent bounce in stocks, although stay-at-home restrictions and closures tied to the coronavirus pandemic still weigh on the global economy. OPEC and all... More »

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Supreme Court postpones April oral arguments over coronavirus

WASHINGTON (Reuters) – The U.S. Supreme Court on Friday postponed oral arguments scheduled for April as a result of the coronavirus pandemic and is considering alternative options for handling the various outstanding cases. The court, which already had delayed... More »

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Brent crude rises above $33 on hopes of oil output deal

LONDON (Reuters) – Benchmark Brent crude oil futures climbed to as high as $34.91 a barrel on Friday on rising hopes of a new global deal to cut global crude supply. Brent crude LCOc1 futures were up 12.9%, or $3.9, at $33.83 a barrel by 1321 GMT. Brent soared... More »