Biden administration cancels loans for 260,000 former Ashford University students
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More than 260,000 former students of the now-defunct for-profit Ashford University are getting their student loans erased as the Biden administration presses ahead with debt forgiveness in its final …
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By COLLIN BINKLEY
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1/15/25
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Drake sues Universal Music for defamation related to Kendrick Lamar diss track 'Not Like Us'
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The leading hip-hop superstar beef has been cranked up another notch, with Drake suing Universal Music Group for defamation over rival Kendrick Lamar’s diss track “Not Like Us.” The lawsuit was …
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By DAVE COLLINS
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1/15/25
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US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
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The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts in Ukraine. The department is re-designating about 100 entities for …
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By JOSH BOAK
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1/15/25
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FDA bans red dye No. 3 from foods
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U.S. regulators are banning the dye called Red 3 from the food supply. The move comes nearly 35 years after the dye was barred from cosmetics such as lipsticks because of potential cancer risk. Food …
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By JONEL ALECCIA
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1/15/25
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FDA floats plan to make cigarettes nonaddictive, but its fate rests with Trump
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The Biden administration is floating a long-awaited proposal to make cigarettes less addictive by capping their nicotine levels. But the plan comes in the final days of Biden's presidency and is …
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By MATTHEW PERRONE
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1/15/25
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Poland's leader accuses Russia of planning acts of terror against 'airlines over the world'
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Polish Prime Minister Donald Tusk has accused Russia of planning acts of sabotage worldwide that included “acts of air terror” against airlines. Tusk spoke at a news conference in Warsaw on …
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1/15/25
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Can AI help humans understand animals and reconnect with nature? A nonprofit research lab thinks so
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A nonprofit research lab is getting attention from some wealthy tech philanthropists. The Earth Species Project hopes to decode other creatures’ communications with its pioneering artificial …
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By JAMES POLLARD
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1/15/25
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JPMorgan's net income jumps 50% to more than $14 billion in the final quarter of 2024
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JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts. Earnings per share rose to $4.81 from $3.04 a …
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By MATT OTT
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1/15/25
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Biden's big semiconductor law will ramp up US chip production -- but at a high cost, report finds
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A sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. semiconductor manufacturing and reduce reliance on foreign-made computer chips, will “sharply increase production’’ of …
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By PAUL WISEMAN
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1/15/25
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Rising borrowing costs batter UK government and threaten to derail its left-leaning program
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Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising …
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By DANICA KIRKA
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1/15/25
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Edmunds highlights the top car-tech trends from CES 2025
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CES in Las Vegas provides an annual preview of high-tech attractions headed for the car world. Breakthrough automotive technology seen at CES 2025 included BMW’s first widescreen digital display, …
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By KARL BRAUER
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1/15/25
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US inflation likely remained elevated last month, threatening interest rate cuts
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U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate …
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By CHRISTOPHER RUGABER
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1/15/25
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Supreme Court will hear Texas anti-pornography law that challengers say violates free-speech rights
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A Texas anti-pornography law is going before the Supreme Court in a collision of free speech rights, regulation of online content and how to protect children. The high court will hear the case on …
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By LINDSAY WHITEHURST
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1/15/25
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How mega-polluters take advantage of billions in green loans
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Some of the world’s biggest polluters are reaping billions of dollars through a lax form of green finance, a new investigation by The Examination has found. Banks made $286 billion in …
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By SASHA CHAVKIN
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1/15/25
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Russian missile attack forces Ukraine to shut down power grid
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Ukrainian officials say Russia has launched a major ballistic and cruise missile attack on regions across Ukraine. The strikes on Wednesday targeted energy production and compelled authorities to …
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By HANNA ARHIROVA and YEHOR KONOVALOV
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1/15/25
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Germany's economy shrank for the second consecutive year in 2024
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Preliminary official figures show that the German economy shrank for the second consecutive year in 2024. The preliminary official figures on Europe's biggest economy were released Wednesday weeks …
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1/15/25
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India's navy launches submarine, warships to guard against China's presence in Indian Ocean
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India's navy has launched a submarine, a destroyer and a frigate built at a state-run shipyard. The move on Wednesday underscores the importance of protecting the Indian Ocean region through which …
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By RAFIQ MAQBOOL and ASHOK SHARMA
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1/15/25
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Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?
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In a heated Senate confirmation hearing for Pete Hegseth, Sen. Tammy Duckworth grilled the proposed defense secretary over the Association of Southeast Asian Nations, asking him if he could name one …
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By DAVID RISING
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1/15/25
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UK inflation unexpectedly eases in December, which could reduce pressure in bond markets
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Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month. The Office for National Statistics said …
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1/15/25
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Two private lunar landers head toward the moon in a roundabout journey
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SpaceX has launched a pair of lunar landers for U.S. and Japanese companies looking to jumpstart business up there. The two landers rocketed away early Wednesday from Florida, the latest in a stream …
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By MARCIA DUNN
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1/15/25
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