Updated

Earlier warning might have spared Ohio a derailment, U.S. investigator says

By Julio Cesar Chavez and Brad Brooks EAST PALESTINE, Ohio (Reuters) -A U.S. train derailment that spilled toxic chemicals in an Ohio town might have been avoided if the railway company’s alarm system had given engineers an earlier warning that bearings were overheating, the chair of the National Transportation Safety Board said on Thursday with …

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Florida TV journalist shot dead while reporting on a murder – police

By Steve Gorman (Reuters) -A gunman opened fire on two television journalists reporting on a murder near Orlando, Florida, on Wednesday, killing one and wounding the other before fatally shooting a 9-year-old girl and wounding her mother in a nearby home, authorities said. A suspect identified as Keith Melvin Moses, 19, was arrested shortly after …

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Biden nominates former Mastercard CEO Ajay Banga to head World Bank

By Andrea Shalal, Valerie Volcovici and David Lawder WASHINGTON (Reuters) -U.S. President Joe Biden nominated former Mastercard Inc CEO Ajay Banga to lead the World Bank, betting the India-born executive’s ties to the private sector and emerging markets will jump-start the 77-year-old institution’s overhaul to better address climate change. Biden’s nomination on Thursday of Banga, …

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Bankman-Fried faces more criminal charges, allegedly hid political donations

By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) – Sam Bankman-Fried was hit with new criminal charges on Thursday, in an expanded indictment accusing the founder of the now-bankrupt FTX cryptocurrency exchange of conspiring to make more than 300 illegal political donations. Bankman-Fried now faces 12 criminal charges, including four for fraud and eight …

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Stocks, crude oil advances despite higher interest rate expectations

By Chibuike Oguh NEW YORK (Reuters) -Global equities and crude oil rebounded from earlier losses on Thursday even as economic data continued to show the strength of the U.S. economy and validated the Federal Reserve’s tight monetary policy stance. A U.S. Labor Department report on Thursday showed that new claims for unemployment benefits unexpectedly fell …

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Dollar clings to modest gains on data

(Refiling to fix transposed words in penultimate paragraph to make it “have been” instead of “been have”) By Laura Matthews NEW YORK (Reuters) – The dollar clung to modest gains against its major peers on Thursday, bolstered by strong economic data that continues to suggest the U.S. Federal Reserve’s monetary policy tightening could be extended …

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Britain’s V&A museum secures David Bowie archive, will make public in 2025

LONDON (Reuters) – London’s V&A museum said on Thursday it had secured the archive of late music star David Bowie for the nation, acquiring more than 80,000 items spanning his career that will be made available to the public from 2025. The museum, which hosted the critically acclaimed “David Bowie Is” exhibition in 2013, will …

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U.S. regulators warn banks to be on alert for crypto-related liquidity risks

By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Top U.S. banking regulators issued a fresh warning to banks to be on guard for any liquidity risks from cryptocurrency-related clients, cautioning some of their deposits could prove volatile. In a joint statement issued Thursday, the Federal Reserve, Federal Deposit Insurance Corporation, and the Office of the …

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