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US must boost air traffic control staff as travel demand rises – senator

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) needs more air traffic controllers to address rising passenger demand, the chair of a U.S. Senate panel overseeing aviation issues said on Thursday, amid investigations into a series of recent runway incidents. “We don’t have enough pilots. We don’t have enough maintenance people, and we …

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U.S. farm, food groups urge Congress to pass authority for new trade deals

By David Lawder WASHINGTON (Reuters) -More than 50 U.S. agriculture and food groups on Thursday urged Congress to approve new legislation enabling the United States to negotiate more free-trade agreements, arguing that without them American agriculture was falling behind global competitors. The groups, representing a wide variety of U.S. agricultural exports from corn to dairy, …

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U.S. lawmaker wants TikTok CEO to detail actions to protect kids

By David Shepardson WASHINGTON (Reuters) -The chair of a U.S. House of Representatives panel wants TikTok CEO Shou Zi Chew to address questions next week about the popular Chinese-owned video app’s efforts to protect children from inappropriate content and potential exploitation. Chew will be appearing for the first time before Congress when he testifies before …

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Bridgewater, Millennium, and Marshall Wace in bearish bet on Europeans banks

By Nell Mackenzie and Pablo Mayo Cerqueiro LONDON (Reuters) -Investment managers Bridgewater Associates, Millennium Management and Marshall Wace added to short positions on European banking shares after the collapse of Silicon Valley Bank sparked contagion fears across global banks, according to data from Breakout Point. Hedge funds including Citadel, Wellington Management, Capital Fund Management and …

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Republican senator to Yellen in hearing: ‘That’s a lie’

WASHINGTON (Reuters) – A Republican senator accused Treasury Secretary Janet Yellen on Thursday of lying about whether President Joe Biden was willing to meet with Republicans to discuss Social Security, a break in decorum that drew an admonishment from the panel’s chairman. Senator Bill Cassidy repeatedly told Yellen during a Senate Finance Committee hearing that …

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US attorneys general condemn credit-card firms for backtracking on gun sale code

(Reuters) – A coalition of 14 attorneys general condemned payment networks majors including Visa Inc, American Express Co and Mastercard Inc for pausing work on a merchant code to help detect suspicious gun sales in the United States. The group, led by New Jersey AG Matthew Platkin, condemned the firms for buckling under political pressure, …

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