Washington (CNN)US Ambassador to Russia Jon Huntsman has submitted his resignation letter to President Donald Trump and plans to move back home to Utah, according to a source familiar with his thinking.
His resignation is effective October 3 and there is so…
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Wave of House GOP Retirements Crests in Texas
House Republicans are in the midst of a wave of retirements, and it appears to be cresting in Texas. Rep. Kenny Marchant on Monday became the fourth Texas Republican in less than two weeks to announce plans to retire, a move that Democrats welcomed as validat…
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U.S. Stocks Regain Ground, Yuan Stabilizes
Major U.S. stock indexes recouped some of their losses Tuesday after Chinas central bank signaled it wouldnt let the yuan fall much further, steadying a stock market that had been slammed by escalating trade tensions. The Dow Jones Industrial Average climbed …
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China Says Hong Kong Protesters Who Break Law Will Be Punished
Yang Guang, a spokesman for the Hong Kong and Macau Affairs Office of the State Council, reiterated Beijings support for Hong Kong Chief Executive Carrie Lam and the citys police on Tuesday. But Mr. Yangs remarks and those in state media were harsher than a w…
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Tencent in Talks for Stake in Ariana Grande, Queen’s Record Label
BEIJINGTencent Holdings Ltd. is negotiating to buy 10% of Universal Music Group, the worlds largest music company, from Vivendi SA for about 3 billion ($3.36 billion)a deal that would strengthen the Chinese internet giants growing clout in the global record i…
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Gun-Rights Lobby Faces Challenges on and Off the Hill
In 2018, GOP Rep. Barbara Comstock campaigned on her top rating from the National Rifle Association and attacked her opponent for supporting expanded background checks.She lost the race, and on Monday, the woman who beat her, Democratic Rep. Jennifer Wexton, …
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How New Abortion Laws Could Affect Access
The fate of an Arkansas law preventing abortions after 18 weeks will likely be determined today. U.S. District Judge Kristine Baker issued a temporary restraining order blocking that lawand two other pieces of abortion legislation--from taking effect, in an e…
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The Fall of Barneys Burns a Hedge-Fund Star
Some billionaire hedge-fund managers buy sports teams. Richard Perry snapped up one of New Yorks most influential luxury department-store chains.Mr. Perrys passion projectBarneys New York Inc.filed for chapter 11 bankruptcy protection early Tuesday morning wi…
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China Braces for Protracted Trade Dispute With the U.S.
BEIJINGChina is preparing itself for a protracted struggle with the U.S., fighting a trade war volley-for-volley while leaving room to negotiate, as Beijing tries to manage increasingly divisive relations with the still-reigning world superpower.The two count…
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America’s Pension Funds Fell Short in 2019
Public pension plans fell short of their projected returns this year, adding to the burden on governments struggling to fund promised benefits to retired workers.Public plans with more than $1 billion in assets earned a median return of 6.79% for the year end…
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