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US antitrust regulator names Henry Liu to head competition unit

(Reuters) – The U.S. Federal Trade Commission (FTC) said on Tuesday that Henry Liu, a partner at law firm Covington Burling, would be the new director of the commission’s Bureau of Competition. Liu joins as the agency is toughening antitrust enforcement, including a lawsuit against Meta’s Facebook and a complaint expected against Amazon.com, but it …

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New Biden student loan plan cuts payments for millions, White House says

WASHINGTON (Reuters) -The Biden administration on Tuesday said it was overhauling student loan repayment plans, seeking to make payments more affordable by reducing the amount owed each month and curbing unpaid interest. The changes would save $1,000 a year for the typical borrower and $2,000 a year on loans taken by a typical graduate of …

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U.S. Supreme Court asked to hear high school admissions case concerning race

By Nate Raymond (Reuters) – A parents group backed by a conservative legal organization asked the U.S. Supreme Court on Monday to consider whether an admissions policy aimed at diversifying an elite Virginia high school is racially discriminatory. The case over how students are selected to attend Thomas Jefferson High School for Science & Technology …

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In Maui, Biden sees ‘long road’ ahead in recovering from deadly wildfires

By Steve Holland LAHAINA, Hawaii (Reuters) -U.S. President Joe Biden on Monday praised the “remarkable resiliency” of the people of Maui, after wildfires killed more than 114 people on the Hawaiian island two weeks ago, and said America would stand by them for as long as it takes. “We’re focused on what’s next. That’s rebuilding …

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Heat wave to break power records in Texas and central US this week

By Scott DiSavino (Reuters) -Power demand in Texas and other U.S. central states was on track hit record highs this week as homes and businesses crank up their air conditioning to escape another brutal heat wave moving slowly across the country. Economic and population growth has boosted electricity use in Sun Belt states like Texas, …

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Trump plans to turn himself in on Thursday over Georgia indictment

By Kanishka Singh WASHINGTON (Reuters) -Former U.S. President Donald Trump plans to surrender on Thursday in Atlanta in connection with his indictment in Georgia on charges he sought to overturn his 2020 election loss in the state, he said on social media on Monday. “I’ll be going to Atlanta, Georgia, on Thursday to be ARRESTED,” …

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Tennessee lawmakers open special session in wake of school shooting

By Brad Brooks (Reuters) – Tennessee lawmakers on Monday opened a special session focused on public safety that was sparked by a deadly school shooting earlier this year, as hundreds of protesters marched on capitol grounds demanding change. Governor Bill Lee, a Republican, called the special session and asked lawmakers to bolster so-called “red flag” …

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San Francisco Archdiocese, facing sex abuse lawsuits, files for bankruptcy

By Dietrich Knauth (Reuters) -The Roman Catholic Archdiocese of San Francisco filed for bankruptcy on Monday, saying a Chapter 11 reorganization will facilitate a settlement of about 500 lawsuits accusing the church of enabling childhood sexual abuse by priests. The filing in U.S. bankruptcy court in San Francisco will put the lawsuits on hold and …

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Storm brewing in Gulf of Mexico to strengthen en route to Texas

(Reuters) -A storm system brewing in the Gulf of Mexico could strengthen into a named storm as it takes aim at the Texas coast, the U.S. National Hurricane Center said on Monday. The system, named Tropical Depression Nine, was about 375 miles (600 km) east-southeast of Port Mansfield, Texas, and was packing maximum sustained winds …

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Trump faces $200,000 bond, order not to make threats, in Georgia election case

By Jasper Ward (Reuters) – Donald Trump will face a $200,000 bond and orders not to send threatening social media messages as the former U.S. president awaits trial in Georgia on charges of trying to overturn his 2020 election loss, a court filing on Monday showed. The document, a bond agreement signed by Trump’s attorneys …

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