Monthly Archive: April 2018

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Troubled Chinese insurer receives government bailout

BEIJING — The troubled Chinese insurer that owns New York City’s Waldorf Hotel said Wednesday it is receiving a $9.6 billion bailout from a government-run fund. Regulators seized control of Anbang Insurance Group in February after a global asset-buying spree raised questions about its stability. Its founder, Wu Xiaohui, went on trial last week on […]

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EPA chief gets support from Trump, warning from White House

WASHINGTON — President Donald Trump offered a measured gesture of support for Environmental Protection Agency Secretary Scott Pruitt, but those words of encouragement also came with a White House warning about the ethical questions surrounding his travel spending and ties to Washington lobbyists. “I hope he’s going to be great,” Trump told reporters Tuesday, declining […]

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Railway won’t have to stand trial for Canada train disaster

MONTREAL — The bankrupt railway at the centre of a 2013 train derailment that killed 47 people in the Canadian province of Quebec will not have to stand trial for criminal negligence, provincial officials said Tuesday. There was little chance of convicting the Montreal Maine and Atlantic Railway of negligence after three of its former […]

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Trump Plans to Send National Guard to the Mexican Border

Trump Plans to Send National Guard to the Mexican Border  New York Times Some lawmakers don’t want military involved with the border wall  CNN Trump: ‘We are going to be guarding our border with our military’  NBCNews.com...

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China vows ‘same strength’ measure against US tariffs

BEIJING — China on Wednesday vowed to take measures of the “same strength” in response to a U.S. tariff hike on $50 billion worth of Chinese goods in a spiraling dispute over technology policy that has fueled fears it might set back a global economic recovery. The Commerce Ministry said it would immediately file a […]

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YouTube Shooting: Woman Wounds 3 Before Killing Herself, Police Say

YouTube Shooting: Woman Wounds 3 Before Killing Herself, Police Say  New York Times Female shooter at YouTube HQ dead after wounding 3 others, police say  CNN YouTube Headquarters Shooting: Female Suspect Dead, Multiple Victims Confirmed  Hollywood Reporter...