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U.S. Congress includes $300 million for Ukraine, addresses China in massive defense bill

By Patricia Zengerle WASHINGTON (Reuters) – U.S. lawmakers included efforts to push back against Russia and China in a compromise version of a massive annual defense bill released on Tuesday, proposing $300 million for Ukraine’s military and a statement of support for the defense of Taiwan. But they omitted some measures that had strong support …

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U.S. House passes bill to speed passage of debt limit increase

By Richard Cowan and Susan Cornwell WASHINGTON (Reuters) -The U.S. House of Representatives late on Tuesday approved a measure allowing Congress to fast-track legislation raising the federal government’s debt limit and stave off a potential unprecedented default. The Senate is expected to take up the measure, which prevents the use of stalling tactics, on Thursday. …

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Deluge triggers flood watches in Hawaii as more rain expected in western islands

(Reuters) -Hawaii prepared for more rainfall on Tuesday after the Pacific island chain was beset with torrential downpours that caused flooding, triggered landslide warnings and prompted the state to take emergency action. A stalled “kona low” weather system brought up to 12 inches (30 cm) of rain over three days, although actual amounts varied greatly …

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‘My soul is broken’ because of Ghislaine Maxwell, accuser testifies

By Luc Cohen NEW YORK (Reuters) -A woman whose accusations underlie the criminal sex trafficking case against Ghislaine Maxwell testified on Tuesday that she felt “broken” after the British socialite fondled her around the time she was giving nude massages to Jeffrey Epstein at age 14. The woman, identified as Carolyn, said Maxwell would sometimes …

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Elizabeth Holmes denies misleading investors in trial testimony

By Jody Godoy SAN JOSE, Calif. (Reuters) -Theranos founder Elizabeth Holmes denied making misleading statements about the blood-testing startup during cross-examination on Tuesday, as her testimony in defense against fraud charges neared its end. Former Theranos investors have testified at the trial that Holmes had led them to believe the company’s technology was being used …

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New Mexico to join nationwide opioid settlement with drug distributors

By Nate Raymond (Reuters) -New Mexico has agreed to join a proposed nationwide settlement worth up to $21 billion resolving claims that the three largest U.S. drug distributors fueled a deadly opioid epidemic, the state’s attorney general said on Tuesday. The state was one of eight that until now was not participating in the landmark …

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U.S. Congress boosts funding for Boeing jet fighters, ships in defense bill

By Mike Stone WASHINGTON (Reuters) – U.S. lawmakers sought to increase aircraft and Navy ship purchases in an effort to field a robust military and send a signal to Russia and China in a massive annual defense bill released on Tuesday. The fiscal 2022 National Defense Authorization Act, or NDAA, authorizes nearly $770 billion in …

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Omarova withdraws nomination to lead U.S. Office of the Comptroller of the Currency

By Pete Schroeder and Andrea Shalal WASHINGTON (Reuters) – Saule Omarova has withdrawn her nomination to lead a top banking regulator, the White House announced Tuesday, after facing opposition from Republicans and some moderate Democrats. Omarova withdrew her name from consideration to lead the Office of the Comptroller of the Currency after a contentious nomination …

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U.S. EPA proposes biofuel mandate cuts, a boost to pandemic-hit refiners

By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – The Biden administration on Tuesday proposed scaling back the amount of biofuels that U.S. oil refiners were required to blend into their fuel mix since the onset of the COVID-19 pandemic. The decision was intended to provide relief to the U.S. refining industry after the …

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