Explainer-What we know about the US drone sightings causing an online frenzy

By Joseph Ax PRINCETON, New Jersey (Reuters) – For weeks, residents of New Jersey and other U.S. states have reported seeing thousands of unidentified lighted drones flying overhead, a phenomenon that has sparked conspiracy theories and prompted lawmakers to demand the Biden administration explain what was behind the mysterious sightings. U.S. officials have said that …

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Insurer stocks fall after Trump says ‘we’re going to knock out the middleman’

(Reuters) – Shares of health insurers operating pharmacy benefit managers fell on Monday after U.S. President-elect Donald Trump called them middlemen who drive up costs and said he plans to eliminate their role. CVS Health’s Caremark, Cigna’s Express Scripts and UnitedHealth Group’s Optum control the majority of the U.S. pharmacy benefit market, with their parent …

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Britain sets first codes of practice for tech firms in online safety regime

LONDON (Reuters) – Britain’s online safety regime came into force on Monday, requiring social media companies like Meta’s Facebook and ByteDance’s TikTok to take action to tackle criminal activity on their platforms and make them safer by design. Media regulator Ofcom said it had published its first codes of practice on tackling illegal harms such …

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Canada announces new border funding after Trump tariff threat

OTTAWA (Reuters) – Canada’s government on Monday proposed C$1.3 billion ($913.05 million) for border security after U.S. President-elect Donald Trump threatened tariffs unless Canada reduced the movement of migrants and drugs into the United States. The border funding proposal was part of the mini-budget, or fall economic statement unveiled on Monday. Trump has threatened 25% …

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Health advocates mount opposition to RFK Jr health job pick

By Michael Erman and Julie Steenhuysen (Reuters) – An expanding coalition of health and consumer advocates is campaigning against Robert F. Kennedy Jr.’s nomination to the top U.S. health job over concerns about his activism against vaccines and other health issues, according to the groups’ representatives. Obamacare advocate Protect Our Care, influential consumer group Public …

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