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Trump appeals order requiring Pence to testify in Jan. 6 probe -source

By Sarah N. Lynch WASHINGTON (Reuters) -Former President Donald Trump has appealed a judge’s order requiring his former vice president, Mike Pence, to testify in the special counsel probe into efforts to overturn the results of the 2020 presidential election, a person familiar with the matter said on Monday. Trump’s lawyers filed the appeal after …

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Tennessee Democratic lawmakers expelled over gun control protest hope to reclaim seats

By Gabriella Borter and Njuwa Maina (Reuters) – Two Tennessee Democrats who were expelled from the Republican-dominated state House of Representatives last week over their participation in a gun control protest said on Sunday that they hoped to soon reclaim their seats. Representatives Justin Jones and Justin Pearson, who joined hundreds of protesters at the …

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Analysis-Gloomy U.S. bank sector could yield payoff for contrarian options bets

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Weeks after a banking crisis pummeled financial stocks, some options strategists say the heightened pessimism in the sector presents an attractive opportunity to position for a rebound ahead of earnings season. While the S&P 500 index has advanced 6% since mid-March, when the failure of Silicon Valley …

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Teck Resources pushes for restructuring, says Glencore bid ‘flawed’

By Clara Denina and Mrinalika Roy (Reuters) -Canada’s Teck Resources on Monday reinforced its rejection of an unsolicited $22.5 billion bid from Glencore, calling it “an illusion” and telling shareholders that its proposed restructuring is the only option on the table. Glencore’s offer, made public on April 3, includes a plan to simultaneously spin off …

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Canada reiterates Five Eyes commitment after US intel leak

OTTAWA (Reuters) – Canada on Monday said it will continue to work with its Five Eyes intelligence-sharing alliance, and declined to confirm or deny any information from U.S. intelligence documents leaked on social media. “We do not comment, whether to confirm or deny, on allegedly leaked intelligence,” a spokesperson for Canada’s Public Safety ministry said …

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U.S. IRS to hire nearly 20,000 staff over two years with $80 billion in new funds

(This April 6 story has been corrected to reflect an IRS clarification that full-time-equivalent hiring figures for FY 2024 are cumulative with FY 2023 figures, not in addition to FY 2023 figures) By David Lawder WASHINGTON (Reuters) – The U.S. Internal Revenue Service plans to hire nearly 20,000 new employees and deploy new technology over …

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White House plans support for drugstores, pharma in abortion pill battle -sources

By Nandita Bose WASHINGTON (Reuters) -The White House is planning to re-up discussions with abortion pill manufacturers and U.S. pharmacy chains on ways to push back against efforts to ban mifepristone, two sources with knowledge of the matter said, as it appeals a Texas court ruling suspending the approval of the drug. U.S. District Judge …

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