Youngkin vetoes Virginia bills mandating minimum wage increase, establishing marijuana retail sales
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Republican Virginia Gov. Glenn Youngkin has vetoed two top Democratic legislative priorities. He announced vetoes Thursday to bills that would have allowed the recreational retail sales of marijuana …
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By SARAH RANKIN
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3/28/24
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Texas judge moves late fee case to DC, accusing banks of venue shopping for favorable ruling
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A federal judge in Texas has accused the major banking industry groups and the U.S. Chamber of Commerce of forum shopping in their lawsuit against the Consumer Financial Protection Bureau. It's a …
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By KEN SWEET
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3/28/24
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Outpaced by Biden, Trump hopes to rake in $33 million during Florida fundraiser
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Former President Donald Trump is aiming to take in $33 million at a Florida fundraiser next week. He's hoping to outraise an event President Joe Biden held last week where the Democrat took in $25 …
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By ADRIANA GOMEZ LICON and BRIAN SLODYSKO
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3/28/24
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Patchwork international regulations govern cargo ships like the one that toppled Baltimore bridge
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Critics say the patchwork system of safety regulations governing massive cargo ships like the one that toppled a Baltimore bridge this week can allow shippers to skirt oversight. That's why one …
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By JOSH FUNK
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3/28/24
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Facebook News tab will soon be unavailable as Meta scales back news and political content
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Meta will be sunsetting Facebook News in early April for users in the U.S. and Australia as the platform further deemphasizes news and politics. Meta says users will still be able to view links to …
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By SALLEE ANN HARRISON
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3/28/24
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Georgia lawmakers approve private water utility bypassing county to serve homes near Hyundai plant
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Georgia lawmakers have agreed to change a state law so that a private utility can provide water service to homes near Hyundai's upcoming electric vehicle plant without permission from local …
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By RUSS BYNUM
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3/28/24
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A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX
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Sam Bankman-Fried, the former CEO of the cryptocurrency exchange FTX was sentenced to 25 years in prison after being convicted of fraud for stealing at least $10 billion from customers and investors. …
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By SALLEE ANN HARRISON
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3/28/24
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Owning Wrexham is hitting Ryan Reynolds in the wallet. Club owes its celebrity owners more than $11M
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Owning a soccer club is hitting Ryan Reynolds in the wallet. Wrexham is the Welsh team bought by Reynolds and fellow Hollywood actor Rob McElhenney in 2021. The club has released its accounts for the …
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By STEVE DOUGLAS
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3/28/24
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Kroger is closing 3 of its e-commerce fulfillment facilities in Texas and Florida
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Kroger is shuttering three of its e-commerce fulfillment facilities in Texas and Florida. The cross-docking warehouses — located in Austin, San Antonio and Miami — will be closed at the end of …
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3/28/24
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The Bankman-Fried verdict, explained
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Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it into the world’s second most popular place to trade digital currency. It collapsed almost as quickly — by the …
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3/28/24
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Glen Taylor announces that Timberwolves are no longer for sale. Deal with A-Rod, Lore not completed
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The Minnesota Timberwolves will evidently remain in the control of owner Glen Taylor, after he announced Thursday that a deal where Marc Lore and Alex Rodriguez would have acquired the controlling …
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3/28/24
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Federal EV charging stations are key to Biden's climate agenda, yet only 4 states have them
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Electric vehicle charging ports are a key part of President Joe Biden’s effort to encourage drivers to move away from gasoline-powered cars and trucks that contribute to global warming, but only …
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By ALEXA ST. JOHN, MATTHEW DALY and JOSHUA A. BICKEL
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3/28/24
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Ex-Gucci designer Alessandro Michele named the new creative head at Valentino
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The former Gucci designer Alessandro Michele has been named the new creative director at Valentino, following the sudden departure last week of Pierpaolo Piccioli after 25 years. Valentino confirmed …
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By THOMAS ADAMSON
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3/28/24
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Applications for US unemployment benefits dip to 210,000 in strong job market
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The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security. The Labor …
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3/28/24
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Oxford coach blasts Thames pollution as a national disgrace ahead of Boat Race with Cambridge
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The coach of Oxford’s crew taking part in the Boat Race has described the pollution in London’s River Thames as a “national disgrace.” His team has also expressed concerns about maintaining …
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By STEVE DOUGLAS and PAN PYLAS
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3/28/24
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4 Canadian school boards sue Snapchat, TikTok and Meta for disrupting students' education
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Four of the largest school boards in the Canadian province of Ontario have launched lawsuits against TikTok, Meta and SnapChat alleging the social media platforms are disrupting student learning. The …
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By ROB GILLIES
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3/28/24
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US changes how it categorizes people by race and ethnicity. It's the first revision in 27 years
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For the first time in 27 years, the U.S. government is changing how it categorizes people by race and ethnicity. The goal is to more accurately count residents, including those who identify as …
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By MIKE SCHNEIDER
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3/28/24
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US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate
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The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had previously estimated that …
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By PAUL WISEMAN
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3/28/24
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Home Depot buying supplier to professional contractors in a deal valued at about $18.25B
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Home Depot is buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion. The home improvement retailer said Thursday that the acquisition will …
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By MICHELLE CHAPMAN
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3/28/24
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VP Harris says US agencies must show their AI tools aren't harming people's safety or rights
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U.S. federal agencies must show that their artificial intelligence tools aren’t harming the public, or stop using them, under new rules unveiled by the White House. Vice President Kamala Harris …
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By MATT O'BRIEN
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3/28/24
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