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Year: 2024

US and UK hit Iranian deputy commander and Houthi member with sanctions

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The U.S. and U.K. sanctioned a deputy commander of Iran’s Islamic Revolutionary Guard Corps and a Houthi militant member, Tuesday. The U.S. additionally sanctioned firms registered in Hong Kong and the Marshall Islands, along with two ships, including one that transported $100 million in Iranian commodities to

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Macy’s is closing 150 stores

CNN By Nathaniel Meyersohn, CNN New York (CNN) — Macy’s is getting a new, smaller, but more luxurious look designed to turn around the troubled retailer and keep the century-and-a-half old brand relevant to rapidly changing demands from shoppers. First, Macy’s will have to downsize. The company is closing 150 underperforming stores — 50 by

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Burger chain Wendy’s looking to test surge pricing at restaurants as early as next year

By MICHELLE CHAPMAN AP Business Writer Wendy’s is looking to test having the prices of its menu items fluctuate throughout the day based on demand, implementing a strategy that has already taken hold with ride-sharing companies and ticket sellers. During a conference call earlier this month, Wendy’s CEO Kirk Tanner said that the Dublin, Ohio-based

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Consumer confidence slips in February as anxiety over potential recession surprisingly reappears

By MATT OTT AP Business Writer American consumers are feeling less confident this month as concerns over a possible recession grew, despite most indicators pointing to a healthy U.S. economy. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 106.7 from a revised 110.9 in January. Analysts had

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A triumphant return for Italian conductor Noseda as US orchestra receives rare La Scala ovation

By COLLEEN BARRY Associated Press MILAN (AP) — Italian conductor Gianandrea Noseda has made a triumphant return to Teatro alla Scala in an informal role as cultural ambassador, leading the U.S. National Symphony Orchestra. He says he has made its sound more “luminous” with his personal loan of centuries-old Italian-made instruments. Noseda’s energetic performance Monday

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UGA students describe anguish and anxiety over safety concerns after the grisly killing of a sorority member on campus

CNN By Elizabeth Wolfe, Jaide Timm-Garcia, Ryan Young, Holly Yan and Devon M. Sayers, CNN (CNN) — The brutal killing of a beloved former student on the University of Georgia campus has enveloped many students with grief and a shattered sense of security – all while the suspect’s immigration status has reignited border policy debates.

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3 men snared in right-wing extremism probe charged in London court with prepping for terrorism

LONDON (AP) — Authorities say three men arrested in an investigation into right-wing extremism have been charged in a London court with preparing to commit a terrorist act, authorities said. The trio was also accused of manufacturing a semi-automatic pistol and possibly targeting an Islamic center. They were arrested on Feb. 21 as part of

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US consumer confidence soured in February for the first time in three months

By Bryan Mena, CNN Washington, DC (CNN) — Americans’ attitudes toward the economy soured in February after a three-month streak of improving moods, according to The Conference Board’s latest consumer survey released Tuesday. The survey’s index fell in February to 106.7, down from a reading of 110.9 in January. Americans became less worried about rising food

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Biden backed off a pledge to abolish the federal death penalty. That’s left an opening for Trump

By WILL WEISSERT Associated Press WASHINGTON (AP) — As he prepared to take office three years ago, Joe Biden’s incoming administration considered a host of possible options to fulfill a campaign pledge to end the federal death penalty. One idea was an executive order, according to people familiar with the matter. But the White House

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