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U.S. probes Wells Fargo’s retention of employee communications

(Reuters) – U.S. regulators are investigating Wells Fargo & Co’s retention of employee communications over “unapproved” messaging tools, the bank said on Tuesday, the latest in a crackdown that has already sparked billions of dollars in fines. The United States Securities and Exchange Commission and the United States Commodity Futures Trading Commission have undertaken the …

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Second reputed gang member pleads not guilty to murdering 6 in California

By Steve Gorman LOS ANGELES (Reuters) – The second of two reputed gang members jailed in the execution-style killings of six people in a central California farming town last month, including an infant and his mother, pleaded not guilty on Tuesday to murder and weapons charges. Angel Joseph Uriarte, 35, entered his plea and was …

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California pension fund asks to meet Norfolk Southern after Ohio derailment

By Isla Binnie and Simon Jessop NEW YORK (Reuters) – Major U.S. pension fund CalPERS is seeking a meeting with rail operator Norfolk Southern at which it plans to ask about the derailment of a train loaded with toxic chemicals earlier this month, a spokeswoman for the fund said on Tuesday. The U.S. government has …

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Australia wage growth hits decade high, but misses forecasts

By Wayne Cole SYDNEY (Reuters) -Australian wages grew at the fastest annual pace in a decade last quarter but that was still short of market forecasts and could lessen the pressure for further aggressive hikes in interest rates, sending the local dollar lower. Figures from the Australian Bureau of Statistics out on Wednesday showed its …

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U.S. Supreme Court torn over challenge to internet firms’ legal shield

By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday expressed uncertainty over whether to narrow a legal shield protecting internet companies from a wide array of lawsuits in a major case involving YouTube and the family of an American student fatally shot in a 2015 rampage by Islamist militants in …

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Democrat McClellan elected Virginia’s first Black congresswoman in special election -Edison Research

By Moira Warburton (Reuters) -Democrat Jennifer McClellan won a special election for the U.S. House of Representatives on Tuesday, a victory that will make her Virginia’s first Black congresswoman, Edison Research projected. The special election was held to fill a vacancy created by the November death of Representative Don McEachin, a Democrat who won re-election …

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Judge asks if Musk’s $56 billion Tesla pay hangs on a legal ‘kill shot’

By Tom Hals WILMINGTON, Del. (Reuters) -A trial challenging Elon Musk’s $56 billion pay at Tesla Inc may hang on whether a single material misleading disclosure to shareholders would void the compensation plan, which the judge hearing the dispute called “a kill shot.” At Tuesday’s closing arguments in a Delaware court, a judge pressed lawyers …

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U.S. groups suing to ban abortion pill lose bid for early trial

By Brendan Pierson (Reuters) – A Texas federal judge on Tuesday refused to set an accelerated trial schedule for a lawsuit by anti-abortion groups seeking to end U.S. sales of the abortion pill mifepristone, in a case that could severely disrupt access to medication abortion nationwide. U.S. District Judge Matthew Kacsmaryk in Amarillo rejected the …

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As Miami high-rises loom over financial district, local resident digs in

By Maria Alejandra Cardona MIAMI (Reuters) -As developers seek to build up Miami’s skyline, long-time resident Ishmael Bermudez is digging in – literally. The 70-year-old artist and amateur archeologist lives in a single-family home in Brickell, a rare property in Miami’s financial district. Bermudez, alongside community groups and professional archeologists, is pushing for more preservation …

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Democratic U.S. Rep. Cicilline to resign, head Rhode Island foundation

WASHINGTON (Reuters) -Democratic U.S. Representative David Cicilline, a leading voice for gay rights and a critic of Big Tech’s market power who has represented Rhode Island in Congress for over a decade, said Tuesday that he will resign from office effective June 1. In a surprise announcement, Cicilline, a former Providence mayor, said he will …

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