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Factbox-Timeline of Ohio train derailment containing hazardous chemicals cargo

(Reuters) – A timeline of events since a Norfolk Southern Railroad-operated train derailed near East Palestine, Ohio, while carrying hazardous materials from Illinois to Pennsylvania. Feb. 3: Derailment of a train comprising three locomotives and 150 freight cars, and subsequent fire sends plumes of smoke over East Palestine and forces the temporary evacuation of thousands of …

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Ohio cleaning up toxic train derailment as pollution ‘plume’ moves downstream

By Brad Brooks and Lisa Baertlein (Reuters) – Cleanup is moving quickly after a train carrying toxic materials derailed in Ohio 11 days ago, Ohio Governor Mike DeWine said on Tuesday, while residents and observers questioned the health impacts of pollution that spilled into the Ohio River. The Norfolk Southern Railroad-operated train derailed on Feb. …

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Nine survivors pulled from Turkey’s rubble as earthquake death toll passes 40,000

By Ali Kucukgocmen and Clodagh Kilcoyne ANTAKYA, Turkey (Reuters) -Nine survivors were rescued from the rubble in Turkey on Tuesday, more than a week after a massive earthquake struck, as the focus of the aid effort shifted to helping people now struggling without shelter or enough food in the bitter cold. The disaster, with a …

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U.S. proposes Medicare, Medicaid programs to cut drug costs, including $2 generics

By Ahmed Aboulenein WASHINGTON (Reuters) – The U.S. health department proposed on Tuesday three new pilot projects aimed at lowering prescription drug prices for people enrolled in government health insurance plans, including offering some essential generic drugs for $2 a month. The Centers for Medicare and Medicaid (CMS) said it would test the models in …

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Wall Street ends mixed as inflation data supports rate worries

By Johann M Cherian and Noel Randewich (Reuters) – Wall Street stocks ended mixed on Tuesday after U.S. consumer price data for January offered little to change expectations about the Federal Reserve’s path forward on interest rate hikes. U.S. consumer prices accelerated as Americans continued to be burdened by higher rental housing costs, suggesting that …

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Bernstein, Biden’s chief economist pick, big backer of ‘worker power’

By Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden on Tuesday said he would nominate trusted confidante and long-time economic adviser Jared Bernstein to head the White House Council of Economic Advisers (CEA), part of a shakeup ahead of an expected 2024 campaign. Bernstein, 68, is one of three senior economists on the council and …

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U.S. FAA forms safety review team after near miss incidents

By David Shepardson WASHINGTON (Reuters) -The acting head of the Federal Aviation Administration (FAA) is forming a team of experts to review airline safety after several recent near miss incidents raised questions about the U.S. aviation system. Acting FAA Administrator Billy Nolen in a “call to action” memo on Tuesday seen by Reuters said the …

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Factbox-Biden, Trump, DeSantis? An early look at potential 2024 White House matchups

(Reuters) – Democratic President Joe Biden would face a closely competitive 2024 election contest with leading potential Republican challengers former President Donald Trump and Florida Governor Ron DeSantis, a Reuters/Ipsos poll released on Tuesday found. Following are details from the poll on possible head-to-head match-ups in the November 2024 presidential election. TRUMP-BIDEN Trump, who has …

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Republicans cool on Trump 2024 bid, Democrats even cooler on Biden, Reuters/Ipsos poll shows

By Joseph Ax and Jason Lange (Reuters) – Democratic U.S. voters express less support for President Joe Biden running for a second term 2024 than Republicans do for former President Donald Trump’s latest White House bid, a Reuters/Ipsos poll shows, a potentially worrisome sign for Biden as he prepares to announce his re-election campaign. Fifty-two …

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‘Big Short’ manager Burry, Farallon among hedge funds making bets on China

By David Randall and Carolina Mandl NEW YORK (Reuters) – “Big Short” investor Michael Burry, Farallon Capital Management, and Coatue Management were among the prominent hedge fund managers who took large bets on Chinese companies ahead of the reopening of the country’s borders in January after nearly three years of restrictions, securities filings showed on …

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