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Watchdog: VA erroneously paid out big bonuses to feds, under scrutiny
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Monday, May 13
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SRN News
Trump’s aggrieved former lawyer Michael Cohen to testify at hush money trial
By Luc Cohen NEW YORK (Reuters) -Donald Trump’s estranged former fixer Michael Cohen is expected to begin giving testimony on Monday that could help decide the fate of the former U.S. president, who stands accused of illegally hiding a payment to silence a porn star ...
Monday, May 13
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SRN News
Roaring Kitty is back and so are meme stocks, GameStop surges 40%
The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and sent prices of some of those stocks surging overnight. Keith Gill, better known as “Roaring Kitty,” posted an image ...
Monday, May 13
by
SRN News
Microsoft pledges $4.3 billion investment at Macron’s ‘Choose France’ summit
PARIS (AP) — Microsoft announced its most substantial commitment yet to France, pledging on Monday to invest 4 billion euros ($4.3 billion) this year to bolster the country’s burgeoning artificial intelligence sector. The move is part of a broader effort unveiled during President Emmanuel ...
Monday, May 13
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SRN News
Fed’s Jefferson flags challenges on communications front
By Michael S. Derby (Reuters) – Federal Reserve Vice-chair Phillip Jefferson said Monday that while it is important for a central bank to communicate clearly with the public, there are times when those communications can get muddled. “It’s widely accepted” that ...
Monday, May 13
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SRN News
UBS CEO says Switzerland should not “overshoot” with capital demands
By Elisa Martinuzzi ZURICH (Reuters) -UBS CEO Sergio Ermotti said on Monday that criticism that the bank had become too big for Switzerland and that it needed to set aside more capital were misplaced. Ermotti, who was brought back to UBS last year to lead the ...
Monday, May 13
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SRN News
BHP says Anglo American rejected $42.7 billion revised proposal
LONDON (Reuters) -BHP Group said on Monday that Anglo American had rejected a revised buyout offer valuing the company at 34 billion pounds ($42.67 billion). Anglo American in April rebuffed BHP’s $39 billion all-share takeover proposal, saying it was opportunistic and significantly undervalued its ...
Monday, May 13
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SRN News
Wall St set to open slightly higher at start of data-heavy week
By Sruthi Shankar and Shristi Achar A (Reuters) -U.S. stock indexes were set to open higher on Monday, nearing record peaks following a recent run of gains, with investors awaiting key inflation figures this week to gauge the likelihood of interest rate cuts in ...
Monday, May 13
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SRN News
Families still looking for missing loved ones after devastating Afghanistan floods killed scores
ISLAMABAD (AP) — When he heard that devastating floods hit his village in northern Afghanistan last week, farmer Abdul Ghani rushed home from neighboring Kunduz province where he was visiting relatives. When he got home, he found out that his wife and three children ...
Monday, May 13
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SRN News
Turkey arrests spider smuggler said to be American Museum of Natural History curator
ISTANBUL (Reuters) – Turkish police arrested a man suspected of trying to smuggle valuable poisonous spiders and scorpions out of the country, with state media identifying the suspect on Monday as a curator at New York’s American Museum of ...
Monday, May 13
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SRN News
Merck stops testing combo drug for skin cancer as more patients discontinue
(Reuters) -Merck said on Monday it had discontinued an experimental combination treatment testing a new type of immunotherapy in patients with a severe form of skin cancer after side effects led to high discontinuation. This is the latest setback for the experimental drug, vibostolimab, and ...
Monday, May 13
by
Jennifer Russell
Railroad Crossing on Tiskilwa Spur to Close Beginning May 20th for Repairs
According to the Illinois Department of Transportation, the Iowa Interstate Railroad will close the railroad crossing on the Tiskilwa Spur (1800 East) in Tiskilwa for up to five days beginning Monday, May 20, 2024, for repairs. A detour route will be posted. Motorists should ...
Monday, May 13
by
ABC News
Trump trial live updates: Star witness Michael Cohen expected to take the stand
(NEW YORK) -- Former President Donald Trump is on trial in New York City, where he is facing felony charges related to a 2016 hush money payment to adult film actress Stormy Daniels. It marks the first time in history that a former U.S. ...
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