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Republicans take knife to post-crisis Wall Street reforms

June 8, 2017 By Lisa Lambert WASHINGTON (Reuters) – Republicans in the U.S. House of Representatives voted on Thursday to replace the 2010 Dodd-Frank Wall Street reform law, a move that is expected to die in the Senate but open the door to revamping or eliminating regulations that came out of the 2007-09 financial crisis. House passage of the CHOICE Act is the farthest Republicans have gotten so far in undoing regulations they say hurt small banks and make the government responsible for bailing out big financial institutions should they…

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Historically black university in Texas cancels Senator’s speech

May 12, 2017 By Gina Cherelus (Reuters) – U.S. Senator John Cornyn will no longer deliver the commencement address at Texas Southern University this weekend, the school said on Friday, after U.S. Education Secretary Betsy DeVos was booed at another historically black university. More than 800 people signed a petition started by a Texas Southern University student who opposed the university’s invitation to the Republican senator to speak at Saturday’s graduation in Houston. The petition said Cornyn’s backing of DeVos and Attorney General Jeff Sessions, among other things, showed that…

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Millennials face grown-up financial realities

April 25, 2017 By Chris Taylor NEW YORK (Reuters) – Everyone has chuckled about millennial generation stereotypes: slackers hanging out in their parents’ basements, playing video games and binge-watching Netflix. That creaky stereotype requires some revision. After all, the generation’s vanguard is now around 35 years old, buying homes, raising kids and facing all the economic anxieties of every other age group. For those transitioning into their prime earning years, Erin Lowry has a new money guidebook. A millennial herself at age 27, the popular financial blogger is releasing “Broke…

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Kevin Spacey to host Broadway’s Tony Awards for first time

April 18, 2017 By Chris Michaud NEW YORK (Reuters) – Stage and screen actor Kevin Spacey will step up to host Broadway’s Tony Awards, organizers said on Tuesday, less than two months before the national broadcast of the annual theater honors. It will mark Spacey’s first time hosting the Tonys, which will take place in New York on June 11, broadcaster CBS said. Recent hosts Neil Patrick Harris, Hugh Jackman and James Corden all won raves from critics but apparently were unavailable to do the honors again this year, prompting…

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North Korea calls U.S. strikes on Syria ‘unforgivable’

April 8, 2017 By Ju-min Park and Jack Kim SEOUL (Reuters) – North Korea said on Saturday U.S. missile strikes against a Syrian airfield on Friday were “an unforgivable act of aggression” that showed its decision to develop nuclear weapons was “the right choice a million times over”. The response by North Korea’s foreign ministry, carried by the official KCNA news agency, was the first since U.S. warships in the Mediterranean Sea launched dozens of missiles at a Syrian air base which the Pentagon says was involved in a chemical…

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When shareholders join the populist revolt: James Saft

March 27, 2017 By James Saft (Reuters) – Some day, perhaps soon, the populist revolt will spread to another group badly served in recent decades: shareholders. Workers are not the only ones to have done poorly in the last 30 years; shareholders too have suffered, especially those who buy their shares rather than have them granted as executive compensation. The upswell in populism which swept Donald Trump to power has thus far been good news for entrenched corporate interests, proposing only tax cuts and foreign cash repatriation holidays kindly to…

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Globalization is a reality, not matter of choice: China’s bank governor

March 25, 2017 BOAO, China (Reuters) – Globalization is a reality for all countries, and is not a matter of choice, the People’s Bank of China’s governor, Zhou Xiaochuan, on Saturday. Zhou hopes to see clearer language on free trade and globalization at a G20 summit in July, the Chinese central bank governor said at the Boao Forum for Asia. This month, G20 finance ministers and central bankers dropped a pledge to keep global trade free and open in their communique issued after a gathering in Germany, acquiescing to an…

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Emma Watson plans legal action over stolen photos

March 15, 2017 (Reuters) – “Beauty and the Beast” star Emma Watson is planning legal action over photos said to have been leaked online, but her representatives on Wednesday denied reports that the pictures showed the British actress nude. “Photos from a clothes fitting Emma had with a stylist a couple of years ago have been stolen. They are not nude photographs. Lawyers have been instructed and we are not commenting further,” her publicist said in a statement to Variety and the BBC. Social media and blog posts have claimed…

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U.S. high court action leaves transgender students in legal limbo

March 6, 2017 By Lawrence Hurley WASHINGTON (Reuters) – Transgender students at U.S. public schools were left in legal limbo on Monday about whether a federal anti-discrimination law enables them to use the bathroom of their choice after the Supreme Court sidestepped a major ruling on the issue. In canceling planned arguments in a bathroom access lawsuit brought by a Virginia transgender high school student, the justices declined to resolve whether transgender students are protected by a law, Title IX of the Education Amendments of 1972, that bars discrimination on…

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Actress Emma Watson says revealing photo does not undermine feminism

March 5, 2017 (Reuters) – British actress Emma Watson hit back at critics who said she betrayed her feminist ideals by posing for a revealing picture in Vanity Fair magazine where parts of her breasts were exposed. Watson, the “Harry Potter” movie series co-star and pioneer of the HeForShe campaign to make men advocate for feminism, talked about the photo shoot for the magazine while promoting her latest film, the Disney live action “Beauty and the Beast.” “It just always reveals to me how many misconceptions and what a misunderstanding…

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