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McCarthy lauds U.S. debt ceiling deal, House conservatives divided

By David Lawder WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy on Sunday lauded the debt ceiling deal he negotiated with Democratic President Joe Biden, but a prominent House conservative warned that McCarthy has “credibility issues” that may prompt some Republicans to seek his ouster as the top Republican in Congress. Representative Ken …

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Ex-NBCUniversal executive Joe Benarroch to join Twitter

(Reuters) -Former NBCUniversal executive Joe Benarroch will join Twitter on Monday, in a role focusing on business operations, he told Reuters. Benarroch said in an email that he was looking forward to working with the company’s team to “build Twitter 2.0 together.” “Welcome to the flock, @benarroch_joe! From one bird to the next,” tweeted incoming …

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Exclusive-Walt Disney’s Pixar targets ‘Lightyear’ execs among 75 job cuts

By Dawn Chmielewski (Reuters) -Walt Disney’s Pixar Animation Studios has eliminated 75 positions including those of two executives behind box office disappointment “Lightyear,” sources said on Saturday, the first significant job cuts at the studio in a decade. The cuts included “Lightyear” director Angus MacLane, a 26-year animator who was part of the senior creative …

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Mexico to fight US dispute over GM corn after formal consultations fail

By Cassandra Garrison MEXICO CITY (Reuters) -Mexico said on Friday it would counter U.S. arguments over agriculture biotech measures, including plans to limit its use of genetically modified (GM) corn, in trade dispute settlement consultations requested by Washington earlier in the day. The consultation request comes as the North American neighbors inch toward a full-blown …

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United Airlines pilots union votes to authorize a strike vote

(Reuters) – The United Airlines Holdings Inc pilots union has unanimously voted to authorize a strike vote, the union chair said in a letter to pilots on Friday. “You’ll receive more communication regarding this impending strike vote in the coming days,” the letter says. A spokesman for the Air Line Pilots Association (ALPA) said it …

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Brazil poultry lobby sees little risk of nationwide export ban over bird flu

By Ana Mano SAO PAULO (Reuters) – Revised trade accords with most of Brazil’s trade partners, including China, make it unlikely the world’s largest chicken supplier will impose a nationwide ban on exports should the virus that causes highly pathological avian influenza (HPAI) hit commercial flocks. Ricardo Santin, head of a group representing firms like …

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Walmart reiterates goal of doubling international gross merchandise in 5 years

By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Walmart still expects to double the amount of gross merchandise volume it sells in foreign markets to $200 billion in five years, a top executive at the retailer said on Friday, even as the global economy remains on shaky ground. Gross merchandise volume (GMV) measures the total value …

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U.S. concludes Mexico airspace review, but no verdict yet

By Kylie Madry and Adriana Barrera MEXICO CITY (Reuters) -U.S. aviation regulators finished a review of Mexico’s airspace safety but have not yet announced a final decision, Mexico’s transportation ministry said on Friday, more than two years after the country was stripped of its top air rating.     The U.S. Federal Aviation Administration (FAA) still …

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U.S. debt ceiling bill may be signed as soon as Saturday

WASHINGTON (Reuters) – President Joe Biden may sign the bill lifting the U.S. debt ceiling as soon as Saturday, according to the White House. Spokesperson Karine Jean-Pierre said on Friday the signing would take place after Congress finishes its work to finalize the bill. (Reporting by Jeff Mason; Writing by Trevor Hunnicutt; Editing by Chris …

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