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Dow tops 40,000, Biden trolls Trump in split-screen video

WASHINGTON (Reuters) – The Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S. President Joe Biden an opening to prove his Republican election rival’s 2020 predictions wrong. The state of the U.S. economy looms as one of the larger factors weighing on the Democratic president’s bid for reelection. Persistently …

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Biden commemorates Brown v. Board of Education anniversary with White House meeting

By Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden on Thursday met with family members of the plaintiffs in the 1954 Supreme Court case Brown v. Board of Education, which outlawed racial segregation in American public schools. Biden, a Democrat who is running for re-election in November, commemorated 70 years since the ruling took place …

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Buyout firm Roark explores sale of Primrose Schools, sources say

By Abigail Summerville NEW YORK (Reuters) – Private equity firm Roark Capital is exploring a sale of Primrose Schools that could value the U.S. education franchise at nearly $2 billion, including debt, people familiar with the matter said on Thursday. Roark has tapped boutique investment bank R. W. Baird to launch a sale process for …

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New York’s summer average electrical prices expected to drop 3%

(Reuters) – The New York State Public Service Commission (NYPSC) on Thursday said that the average electricity prices for full-service residential customers are expected to be lower than last year contingent on location, demand, and market prices. Customers can expect a statewide average supply cost of $207.88 this summer, down nearly 3% from $231.95 previous …

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US proposes end to federal coal leasing in Wyoming Powder River Basin

(Reuters) – The Biden administration on Thursday proposed an end to future coal leasing on federal lands in Montana and Wyoming’s Powder River Basin, the nation’s most productive coal-producing region, in part because of the sector’s emissions that worsen climate change. The two proposals from the U.S. Bureau of Land Management respond to a 2022 …

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Oil, gas groups sue to block US rule raising drilling fees on public lands

By Clark Mindock (Reuters) – Fossil fuel groups have sued the U.S. Bureau of Land Management seeking to block a rule that will raise fees for oil and gas development on federal lands as a part of the U.S. government’s broader effort to boost returns and address environmental harms stemming from drilling on public lands. …

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Police take back building from protesters at University of California, Irvine

By Daniel Trotta and Mike Blake IRVINE, California (Reuters) -Police on Wednesday took back a lecture hall from pro-Palestinian protesters who for hours occupied the building at the University of California, Irvine, then cleared a student encampment that stood for more than two weeks, witnesses said. Officers from about 10 nearby law-enforcement agencies converged on …

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US must act to slash landfill methane emissions, report says

(Reuters) – Methane emissions at nearly two dozen U.S. landfills regularly exceeded federal limits and in some cases were higher than facility owners reported to the government, according to an analysis of inspection reports published on Thursday. The study by environmental nonprofit Industrious Labs concluded that U.S. Environmental Protection Agency (EPA) regulations are insufficient to …

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US Congress passes broad aviation bill on safety and consumer rights

By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives on Wednesday overwhelmingly passed a broad aviation bill to boost air traffic controller staffing, increase funding to avert runway close-call incidents, and speed refunds for canceled flights. The 387-26 vote sends the $105 billion, five-year measure to reauthorize the Federal Aviation Administration (FAA) to President …

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US fines Volaris up to $300,000 for violating tarmac delay rules

By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department said on Wednesday it will fine Mexican carrier Volaris Airlines up to $300,000 for airport tarmac delays that violate federal law. Federal law and government regulations prohibit tarmac delays of four hours or more on international flights without providing passengers an opportunity to deplane. The department …

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