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US government shutdown threatens to disrupt IPO market momentum

By Manya Saini and Niket Nishant (Reuters) -A U.S. government shutdown threatens to stall the IPO market’s long-awaited comeback, just as strong investor demand and successful debuts had breathed life back into new listings.   The U.S. government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White …

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Hegseth slams ‘fat generals,’ Trump touts cities as troop ‘training grounds’

By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -U.S. Defense Secretary Pete Hegseth slammed “fat generals” and diversity initiatives that he said led to decades of decay in the military and told a rare gathering of commanders on Tuesday they should resign if they do not support his agenda. Joining Hegseth was U.S. President Donald …

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US sues Los Angeles sheriff’s department, saying it slow-walks gun licenses

By Jonathan Stempel (Reuters) -The U.S. government sued the Los Angeles County sheriff’s department on Tuesday, accusing it of violating the Constitution by being far too slow to process licenses for people who want to carry concealed weapons. In a complaint filed in Los Angeles federal court, the Department of Justice said the sheriff’s department …

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Sean ‘Diddy’ Combs loses bid for acquittal, as prosecutors seek 11 years prison

By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Tuesday rejected a bid by Sean “Diddy” Combs to overturn his criminal conviction on felony prostitution-related charges, after prosecutors said the hip-hop mogul should spend more than 11 years in prison. U.S. District Judge Arun Subramanian in Manhattan found “overwhelming evidence of …

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White House withdraws Antoni’s nomination to lead BLS

By Jasper Ward, Jarrett Renshaw and Bo Erickson WASHINGTON (Reuters) -The Trump administration has withdrawn its nomination of conservative economist E.J. Antoni as head of the Bureau of Labor Statistics, the White House said on Tuesday. President Donald Trump nominated Antoni last month to lead the bureau, which is part of the Department of Labor …

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US government lurches toward shutdown, Trump threatens fresh cuts

By Richard Cowan, David Morgan, Nolan D. McCaskill, Andy Sullivan and Bo Erickson WASHINGTON (Reuters) -The U.S. lurched toward a government shutdown on Tuesday as a vote to extend funding past a midnight deadline failed in the U.S. Senate and President Donald Trump threatened to extend his purge of the federal workforce. The 55-to-45 vote …

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FAA plans to furlough 11,000 employees in US government shutdown

By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department said on Tuesday more than 11,000 employees at the Federal Aviation Administration, about a quarter of its staff, would be furloughed if government funding lapses. U.S. airlines have warned that a partial federal government shutdown at midnight (0400 GMT) could strain American aviation and slow flights, …

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US judge disqualifies Nevada prosecutor from four cases in blow to Trump

By Sarah N. Lynch WASHINGTON (Reuters) -A U.S. District Court Judge on Tuesday disqualified Nevada’s lead federal prosecutor Sigal Chattah from supervising four criminal cases, dealing another setback to President Donald Trump’s administration’s maneuvers to keep his picks in power. U.S. District Judge David Campbell found that Chattah is not validly serving as acting U.S. …

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US judge rejects bid by Sean ‘Diddy’ Combs to overturn prostitution conviction

By Luc Cohen NEW YORK (Reuters) -A U.S. judge rejected on Tuesday a bid by Sean “Diddy” Combs to overturn his criminal conviction on felony prostitution-related charges, with the hip-hop mogul facing up to 20 years in prison at his sentencing.  The decision was issued by U.S. District Judge Arun Subramanian in Manhattan. Jurors found …

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