By KEN SWEET AP Business Writer WASHINGTON (AP) — President Joe Biden’s choice to become one of the top banking regulators endured a contentious nomination hearing Thursday, with Republican senators warning she would nationalize the U.S. banking system and Democrats saying she’s eminently qualified and would be tough overseer of Wall Street. Saule Omarova, 55,
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By KEN SWEET AP Business Writer WASHINGTON (AP) — President Joe Biden’s choice to become one of the top banking regulators endured a contentious nomination hearing Thursday, with Republican senators warning she would nationalize the U.S. banking system and Democrats saying she’s eminently qualified and would be tough overseer of Wall Street. Saule Omarova, 55,
Continue ReadingBy Betsy Klein, CNN President Joe Biden on Thursday signed three bipartisan bills into law aimed at supporting the nation’s law enforcement and first responders, as well as the communities they serve. “Today’s investment and the bills I’m about to sign share goals of law enforcement and first responders: be the protectors and the partners
Continue ReadingBy Jeremy Herb and Dianne Gallagher, CNN A conservative lawyer who helped Donald Trump try to overturn the 2020 election was named to a federal election advisory board this month, a move that illustrates how the former President still casts a long shadow over the federal government even after leaving office. Cleta Mitchell, who was
Continue Reading VUKOVAR, Croatia (AP) — Tens of thousands of people have marked the 30th anniversary of the fall of the eastern Croatian town of Vukovar that was destroyed by the Serb-led Yugoslav army, becoming a symbol of resistance and national unity in the 1991-95 war. Top officials on Thursday headed a huge column of people during
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By PETE IACOBELLI AP Sports Writer Auburn seeks to bounce back from two straight defeats and the loss of starting quarterback Bo Nix when the Tigers play at South Carolina. The Tigers’ SEC championship chances fell apart the past two weeks. Nix fractured his ankle in last week’s loss to Mississippi State and had season-ending
Continue Reading By DAMIAN J. TROISE AP Business Writer Stocks fell broadly in morning trading on Wall Street Thursday as investors reviewed the latest earnings reports from retailers and an update on the employment market. The S&P 500 fell 0.1%, the Dow Jones Industrial Average fell 0.6% and the Nasdaq composite fell 0.3%. Banks and financial companies
Continue Reading By DAMIAN J. TROISE AP Business Writer Stocks fell broadly in morning trading on Wall Street Thursday as investors reviewed the latest earnings reports from retailers and an update on the employment market. The S&P 500 fell 0.1%, the Dow Jones Industrial Average fell 0.6% and the Nasdaq composite fell 0.3%. Banks and financial companies
Continue Reading ZAGREB, Croatia (AP) — The European Court of Human Rights has ruled against Croatia in a 2017 migrant pushback case after which a 6-year-old girl was killed by a train on the border with Serbia. The Nov. 2017 death of Madina Hussiny at the time focused international attention on the plight of migrants in the
Continue ReadingBy Kandra Kent Click here for updates on this story PORTLAND, Oregon (KPTV) — Portland city commissioners on Wednesday voted to spend an unexpected budget surplus on police and getting people living on the streets into shelter beds, among other priorities. The $62 million surplus comes largely from tax revenues collected from big corporations that
Continue ReadingCNN By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to the changing of “consumer buying patterns.” The drug store chain said Thursday that the closures will result in a retail presence that ensures it has the “right kinds
Continue ReadingBy Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to the changing of “consumer buying patterns.” The drug store chain said Thursday that the closures will result in a retail presence that ensures it has the “right kinds of
Continue Reading By PETE IACOBELLI AP Sports Writer CLEMSON, S.C. (AP) — No. 13 Wake Forest has a huge final step if it wants to end Clemson’s reign atop the Atlantic Coast Conference. The Demon Deacons will have to end their 12-game losing streak to the Tigers. Wake Forest is undefeated in the ACC and can clinch
Continue Reading MADISON, Wis. (AP) — The Wisconsin Supreme Court has rejected a request by Steven Avery to review his conviction for killing a young photographer in 2005, a case that became the focus of a popular Netflix series “Making a Murderer.” Avery has been fighting unsuccessfully for years to have his conviction overturned. His latest appeal
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CNNEE (CNN Español) — El activista cubano Yunior García aseguró a CNN este jueves que volverá a Cuba. “Mi intención desde que llegué siempre es volver a Cuba. Por eso no solicité asilo. Yo quiero volver a Cuba. Necesito curarme mis heridas, curarme mi rabia, que mis ideas estén más claras para poder iniciar la
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By LINDSEY BAHR AP Film Writer The Screen Actors Guild has selected Dame Helen Mirren as their 57th Life Achievement Award Recipient, the union said Thursday. The 76-year-old English stage and screen actor has credits spanning over 50 years and has played everything from a gangster’s girlfriend in “The Long Good Friday” to Queen Elizabeth
Continue Reading By TOM MURPHY AP Health Writer CVS Health will close hundreds of drugstores over the next three years, as the retail giant adjusts to changing customer needs and converts to new store formats. The company said Thursday that it will close about 300 stores a year for the next three years as it looks to
Continue Reading By DAVE SKRETTA AP Sports Writer KANSAS CITY, Mo. (AP) — There was nothing glamorous about what Chiefs general manager Brett Veach did in the NFL draft. The Chiefs didn’t have a first-round pick after shipping it to Baltimore for left tackle Orlando Brown Jr. They used their second-round choice on a local linebacker, loaded
Continue ReadingBy Nathaniel Meyersohn, CNN Business By now, everyone knows about supply chain chaos and rising inflation that are disrupting the holiday shopping season. The Grinch is loose this Christmas. But there’s good news for shoppers looking to avoid empty shelves and high prices: Products can be found— and for cheap. You just have to know
Continue Reading By KELVIN CHAN AP Business Writer LONDON (AP) — Customers are caught in the middle of a growing dispute between Amazon and Visa over transaction fees. The online retail giant moved this week to stop shoppers from using Visa credit cards issued in the United Kingdom starting next year. It’s the latest salvo in a
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