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Congress approves measure to toss Biden's water protections

AP News WASHINGTON (AP) — Congress on Wednesday approved a resolution to overturn the Biden administration’s protections for the nation’s waterways that Republicans have criticized as a burden on business, advancing a measure that President Joe Biden has promised to veto.

Republicans have targeted the Biden administration’s protections for thousands of small streams, wetlands and other waterways, labeling it an environmental overreach that harms businesses, developers and farmers.

They used the Congressional Review Act that allows Congress to block recently enacted The...
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Starbucks leader grilled by Senate over anti-union actions

AP News Longtime Starbucks CEO Howard Schultz insisted the coffee chain hasn't broken labor laws and is willing to bargain with unionized workers during an often testy, two-hour appearance before the Senate Health, Education, Labor and Pensions Committee.

But he also was firm in his stance that the Seattle coffee giant already provides good wages and benefits and doesn't need a union. And he pointed out that only around 1% of Starbucks’ 250,000 U.S. employees have elected to join a union.

“We've done everything that we possibly can to respect the right under the law of our...
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Stocks rally on Wall Street as bank fears ease further

AP News NEW YORK (AP) — Stocks rallied Wednesday as Wall Street shakes off more of the fear that dominated it earlier this month.

The S&P 500 rose 1.4% for its fourth gain in the last five days. The Dow Jones Industrial Average climbed 323 points, or 1%, while the Nasdaq composite jumped 1.8%.

They followed similar sized gains in other markets around the world and put the S&P 500 on track to close a tumultuous month with a modest gain. That’s despite the month being dominated by worries about banks and whether the industry is cracking under the pressure of much higher...
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Congress to consider new no-fly list for unruly passengers

AP News U.S. Senate and House members proposed a new no-fly list for unruly passengers on Wednesday, an idea that was pushed by airline unions but failed to gain traction last year.

The legislation would let the Transportation Security Administration ban people convicted or fined for assaulting or interfering with airline crew members.

It would be separate from the current FBI-run no-fly list, which is intended to prevent people suspected of terrorism ties from boarding planes.

The number of incidents involving unruly passengers dropped sharply last year after a...
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FDA approves over-the-counter Narcan. Here's what it means

AP News The U.S. Food and Drug Administration on Wednesday approved selling the leading version of naloxone without a prescription, setting the overdose-reversing drug on course to become the first opioid treatment drug to be sold over the counter.

It’s a move that some advocates have long sought as a way to improve access to a life-saving drug, though the exact impact will not be clear immediately.

Here’s a look at the issues involved.

WHAT IS NARCAN?

The approved nasal spray from Gaithersburg, Maryland-based Emergent BioSolutions is the best-known...
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Top Stories in Business/Finance

  • Most gig workers paid sick leave under new Seattle law
  • Congress approves measure to toss Biden's water protections
  • Starbucks leader grilled by Senate over anti-union actions
  • Stocks rally on Wall Street as bank fears ease further
  • Congress to consider new no-fly list for unruly passengers
  • FDA approves over-the-counter Narcan. Here's what it means
  • UBS brings back Ermotti as CEO with Credit Suisse deal ahead
  • US: Credit Suisse violates deal on rich clients' tax evasion
  • GOP lawmakers accuse Fed of being lax before bank failure
  • $263 million offered for Gulf oil under climate compromise

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Stocks

Stocks

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  • Stocks rally on Wall Street as bank fears ease further
  • Ukrainian grain inflow triggers protests in Poland, Bulgaria
  • Asian stocks rise as anxiety over banks starts to fade
  • Asian stocks mixed as anxiety over banks starts to fade
  • FTX founder Bankman-Fried charged with paying $40M bribe
  • Asian shares mostly rise on relief over US bank strength
  • California lawmakers OK potential fines for high gas prices
  • Wall Street ends higher, marking 2nd winning week in a row
  • Deutsche Bank shares drop amid global jitters over banks
  • Asian shares fall on banking turmoil, recession worries

Economy

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  • Stocks rise on Wall Street as bank fears ease further
  • Asian stocks rise as anxiety over banks starts to fade
  • Stocks mostly hold steady as Wall Street regains stability
  • Wall Street ends higher, marking 2nd winning week in a row
  • EU leaders grapple with bank risks as economy weakens
  • Fed's unwanted ally in bid to tame inflation: Credit crunch
  • Stocks tick higher after another dizzying day on Wall Street
  • UK central bank hikes rates like Fed amid financial turmoil
  • Biden approval dips near lowest point: AP-NORC poll
  • US jobless claims inch down as labor market remains tight

Corporate News

  • US makes corporate transparency commitment with 20 nations
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