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Michigan judge dismisses school staff as defendants in lawsuits over mass shooting

By Steve Gorman (Reuters) – A Michigan judge on Friday dismissed a school district and its employees as defendants in two wrongful death lawsuits stemming from a deadly 2021 mass shooting by a 15-year-old student armed with a gun his parents had bought him for Christmas. Oxford Community Schools and its staff are shielded from …

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Ron DeSantis attacks liberals in California speech as he mulls White House run

By Tim Reid SIMI VALLEY, CA (Reuters) – Republican Florida Governor Ron DeSantis took his fight against liberalism deep into the Democratic territory of California on Sunday, part of a national road show as he lays the ground for an expected White House bid. DeSantis has been meeting with wealthy donors in recent days …

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In Selma, Biden presses for voting rights on ‘Bloody Sunday’ anniversary

By Jeff Mason SELMA, Alabama (Reuters) -President Joe Biden pressed for the passage of measures to strengthen U.S. voting rights during a visit to Selma, Alabama, on Sunday to commemorate the 58th anniversary of “Bloody Sunday,” when state troopers beat peaceful protesters marching against discrimination. Biden’s trip is his latest event aimed at underscoring his …

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Column-Hedge funds put record wager on higher 2-year U.S. bond yield: McGeever

By Jamie McGeever ORLANDO, Fla. (Reuters) – Hedge funds entered February holding their biggest ever short position in two-year U.S. Treasuries futures. That’s what the most up-to-date Commodity Futures Trading Commission (CFTC) data shows, and it fits hand in glove with the rise in the two-year yield to a 16-year high last week and the …

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Storms bolster California snowpack, ease drought

By Sharon Bernstein SACRAMENTO, Calif. (Reuters) -Record rain and snowfall in recent weeks has eased half of California out of a persistent drought and bolstered the store of mountain snow that the state relies on to provide water during the warm, dry spring and summer. Statewide on Friday there was nearly twice as much snow …

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Syria mission worth the risk, top U.S. general says after rare visit

By Phil Stewart NORTHEAST SYRIA (Reuters) -The nearly eight-year-old U.S. deployment to Syria to combat Islamic State is still worth the risk, the top U.S. military officer said on Saturday, after a rare, unannounced visit to a dusty base in the country’s northeast to meet U.S. troops. Army General Mark Milley, chairman of the Joint …

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Southwest Airlines plane makes emergency landing in Havana after cabin fills with smoke

HAVANA (Reuters) – A Southwest Airlines plane bound for Fort Lauderdale from Havana was forced to return to Cuba’s Jose Marti Airport Sunday after an engine reportedly caught fire following a bird strike, according to passenger cell phone video and media reports. NBC 6 News in Florida reported a Southwest Airlines spokesperson had confirmed the …

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Analysis-Chinese companies hang onto dollars, hedge to prepare for volatile yuan

By Winni Zhou and Brenda Goh SHANGHAI (Reuters) – Some Chinese companies are holding on to dollar revenues from exports, while others are turning to foreign exchange hedging in anticipation of a fall in the value of the yuan, according to executives, bankers and data analysed by Reuters. Several bankers in China told Reuters that …

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Exclusive-S.Korea pension fund ready to revive FX swap with cenbank

By Jihoon Lee and Yena Park SEOUL (Reuters) – South Korea’s National Pension Service (NPS), manager of the world’s third-largest public pension fund, will collaborate with foreign exchange authorities when needed to help stabilise the market, its chairman told Reuters. Chairman Kim Tae-hyun also said during an interview on Friday with Reuters that re-establishing a …

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Marketmind: China sets out economic, political, military vision

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets will likely open on the front foot on Monday, following Wall Street’s whoosh higher on Friday, but a raft of Chinese economic data and remarks from U.S. Fed Chair Jerome Powell later in the week could …

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