Biden names pandemic official to new national security team

WILMINGTON, Del. (Reuters) – U.S. President-elect Joe Biden plans to add a senior official overseeing global health security as he remakes the White House National Security Council, restoring a government function cut by the Trump administration before the COVID-19 pandemic, his office said in a statement on Friday. Biden had spent much of the 2020 presidential campaign arguing that a […]

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Take Five: The great reflation

1/BIDEN BETFILE PHOTO: A trader at the New York Stock Exchange works as markets continue to react to the coronavirus disease (COVID-19) inside of the NYSE in New York, U.S., March 18, 2020. REUTERS/Lucas Jackson/File PhotoOne trade is gripping markets in the early days of 2021: reflation – nowhere more evident than in bonds, where U.S. 10-year Treasury yields topped […]

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Acacia terminates merger agreement with Cisco

FILE PHOTO: The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, U.S., May 4, 2015. REUTERS/Jim Young/File Photo(Reuters) – Acacia Communications Inc said on Friday it has terminated its nearly $3 billion merger agreement with Cisco Systems Inc, effective immediately. “Because approval of the Chinese government’s State Administration for […]

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U.S. role as democracy's champion battered by assault on Capitol

WASHINGTON (Reuters) – The United States will find it harder to advocate for democracy and rule of law abroad after the assault on the U.S. Capitol unless it grapples with President Donald Trump’s role in the violence, current and former U.S. diplomats said.FILE PHOTO: An explosion caused by a police munition is seen while supporters of U.S. President Donald Trump […]

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Trump faces calls for removal, possible impeachment after Capitol chaos

WASHINGTON (Reuters) – President Donald Trump faced the threat on Thursday of a second impeachment, a day after his supporters breached the U.S. Capitol in a stunning assault on American democracy as Congress was certifying President-elect Joe Biden’s victory. As Democratic leaders demanded his ouster, Trump came closer than he ever has to a formal concession, acknowledging a new administration […]

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Trump has discussed pardoning himself: New York Times

WASHINGTON (Reuters) – U.S. President Donald Trump has said he is considering pardoning himself in discussions with aides since the November election, the New York Times reported on Thursday.FILE PHOTO: U.S. President Donald Trump looks on at the end of his speech during a rally to contest the certification of the 2020 U.S. presidential election results by the U.S. Congress, […]

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Carlyle circles Blackstone's bid target Signature Aviation

(Reuters) – U.S. private equity firm Carlyle made a takeover approach for London-based Signature Aviation, setting the stage for a potential bidding war with Blackstone for the Bill Gates-backed company. Signature Aviation confirmed the approach after a Sky News report here said earlier on Thursday that Carlyle had hired two Wall Street banks to help it explore a 3 billion […]

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