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Trump ex-chief of staff Meadows ends cooperation with Capitol riot panel

7 Dec 2021

By Patricia Zengerle WASHINGTON (Reuters) -Mark Meadows, who served as former President Donald Trump’s White House chief of staff, has decided not to cooperate with the congressional committee investigating the deadly Jan. 6 U.S. Capitol riot, and the panel said on Tuesday it is prepared to pursue contempt charges against him. Representative Bennie Thompson, chairman …

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U.S. FTC settles with Vyera over Daraprim, Shkreli trial still on

7 Dec 2021

By Diane Bartz and Jonathan Stempel WASHINGTON (Reuters) – The U.S. Federal Trade Commission and seven states on Tuesday settled claims accusing Vyera Pharmaceuticals of trying to block generic versions of its life-saving drug Daraprim, but are preparing for a Dec. 14 trial against accused mastermind Martin Shkreli. Tuesday’s settlement, worth up to $40 million, …

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Exclusive-U.S. SEC’s internal watchdog kept his job despite “serious misconduct” finding-documents

7 Dec 2021

By Sarah N. Lynch and Chris Prentice (Reuters) – As the inspector general at the U.S. Securities and Exchange Commission, Carl Hoecker leads investigations into wrongdoing by agency staff. In one case, however, it was Hoecker himself who was under an investigation – one that concluded in 2019 with a recommendation that the agency consider …

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U.S. senator demands Fed chair disclose details on trading by officials

7 Dec 2021

(Reuters) – U.S. Senator Elizabeth Warren, who sits on the Senate committee that oversees the Federal Reserve, has demanded the central bank disclose its leaders’ personal investments and ethics guidance given to them, representing more scrutiny of Fed Chair Jerome Powell’s handling of a conflict-of-interest controversy ahead of his renomination hearing. Two of the 12 …

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U.S. imposes sanctions on people in Iran, Syria and Uganda, citing rights abuses

7 Dec 2021

WASHINGTON (Reuters) – The United States on Tuesday imposed sanctions on more than a dozen people and entities in Iran, Syria and Uganda, accusing them of being connected to serious human rights abuses and repressive acts. In an action marking the week of the U.S. Summit for Democracy, the Treasury Department said in a statement …

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Uber, Deliveroo could be hit by draft EU rules for gig workers

7 Dec 2021

By Foo Yun Chee BRUSSELS (Reuters) – Uber, Deliveroo and other online platform companies may have to reclassify some of their workers as employees under draft European Union rules meant to boost their social rights, according to an EU document seen by Reuters. The proposal from the European Commission, the first in the world, comes …

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Aussie rallies on improved risk appetite

7 Dec 2021

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Easing Omicron COVID-19 variant worries and a timely booster shot of Chinese stimulus helped lift riskier currencies on Tuesday with the Australian dollar leading the charge. Global stock markets and oil gained, leaving traders to dump safe-haven currencies and bonds, as markets took confidence from reports in South …

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Kellogg to permanently replace striking employees as workers reject new contract

7 Dec 2021

By Praveen Paramasivam (Reuters) – Kellogg Co said on Tuesday a majority of its U.S. cereal plant workers have voted against a new five-year contract, forcing it to hire permanent replacements as employees extend a strike that started more than two months ago. Temporary replacements have already been working at the company’s cereal plants in …

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