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US House Republicans plan impeachment hearing for Biden’s border chief

By Ted Hesson and Susan Heavey WASHINGTON (Reuters) -A Republican-led U.S. House of Representatives committee next week will advance an effort to impeach Homeland Security Secretary Alejandro Mayorkas over allegations he has been derelict in his duty of managing the U.S.-Mexico border, the committee announced on Wednesday. The House Homeland Security Committee will hold a …

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For DeSantis’ 2024 campaign, Iowa brings a make-or-break moment

By James Oliphant and Gram Slattery WAUKEE, Iowa (Reuters) -If Ron DeSantis wants to capture the 2024 Republican presidential nomination, it all likely comes down to the next 12 days. On Wednesday, the Florida governor began a breakneck stretch of campaign events in the run-up to Iowa’s Jan. 15 caucuses, which will offer the first …

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China conducts patrols in South China Sea amid ongoing run-ins

BEIJING (Reuters) -China’s military will conduct routine patrols with its naval and air forces in the South China Sea from Wednesday to Thursday, the military’s Southern Theater Command said, as ongoing tensions simmer in the region over disputed territories. China’s military did not say where exactly the patrols would be held but they were announced …

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Japan says Coast Guard plane apparently not cleared for take-off before runway collision

By Maki Shiraki, Daniel Leussink and Lisa Barrington TOKYO (Reuters) -Japanese authorities said on Wednesday a passenger jet that collided with a Coast Guard turboprop at a Tokyo airport had been given permission to land, but the smaller plane had not been cleared for take-off, based on control tower transcripts. All 379 people aboard the …

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Biden to sharpen attack on Trump in Jan. 6 anniversary speech

By Jarrett Renshaw (Reuters) – President Joe Biden will mark the third anniversary of the Jan. 6 attacks on the U.S Capitol with a political speech the day before to make the case that Republican Donald Trump poses an existential threat to democracy, Biden’s re-election campaign said on Wednesday. Biden’s campaign said he will speak …

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Wall St notches second lower finish as 2024 starts with profit-taking

By David French (Reuters) – U.S. stock indexes ended the second session of the year down again in extended profit-taking on Wednesday after a strong finish to 2023, with minutes from the Federal Reserve’s December meeting failing to shake off the funk hanging over markets. It was the first time the benchmark S&P 500 index …

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Disney wins activists’ backing in boardroom fight with Peltz

By Svea Herbst-Bayliss (Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co as it defends itself against a board challenge from a third activist investor, Trian Fund Management. The unusual twist in the battle for Disney’s board underscores the high stakes in the company’s attempted turnaround under …

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Global shares, yields slip on clouded soft-landing outlook

By Herbert Lash NEW YORK (Reuters) -The dollar rebounded further from last year’s sell-off and global stock markets extended a New Year slide on Wednesday as doubts about the chances of a soft landing mounted even as the Federal Reserve almost declared victory in taming inflation. Policymakers appeared increasingly convinced last month that inflation was …

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Fed minutes cite lower inflation risks, concern about ‘overly restrictive’ policy

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials in December launched an expansive debate about a coming turn in U.S. monetary policy, with fresh concerns voiced about how long the economy could hold up under current high interest rates and at least initial discussion about when to halt the rundown of its balance sheet, according …

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Concerns mount over runway technology gap as Japan probes crash

By Tim Hepher, Allison Lampert, David Shepardson and Valerie Insinna PARIS (Reuters) -A runway collision at Tokyo’s Haneda airport has raised concerns over a gap in alerting technology, weeks after the global aviation industry faced new warnings about runway safety. All 379 people aboard a Japan Airlines (JAL) <9201.T> Airbus A350 escaped following a collision …

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