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|Kansas man charged with killing Indian in possible hate crime - |
By Dave Kaup and Aditya Kalra KANSAS CITY/NEW DELHI (Reuters) - A 51-year-old man has been charged with killing an engineer from India and wounding two other men when he opened fire in a Kansas bar in what federal authorities were investigating on Friday as a possible bias-motivated crime that shocked the victim's home country. The shooting on Wednesday night led news bulletins in India and triggered outrage on social media, where people voiced concern that U.S. President Donald Trump's "America First" position on immigration and jobs has fueled a climate of intolerance. White House spokesman Sean Spicer said Friday that any loss of life was tragic, but it would be absurd to link the killing to Trump's rhetoric.
|Groups appeal decision that upheld U.S. rule on retirement advice - |
Five U.S. financial services groups on Friday appealed a federal court decision handed down earlier this month that upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement advice. "This is a misguided rule that will harm retirement savers and financial services firms that provide needed assistance and options to their clients, including modest savers and small business employees," the U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Insured Retirement Institute, and Securities Industry and Financial Markets Association said in a statement.
|Industry groups appeal Texas judge's ruling upholding retirement rule - |
The U.S. Chamber of Commerce appealed a Texas federal judge's ruling upholding a Labor Department's regulation aimed at putting retirement savers' interest first on Friday, the latest salvo in the securities industry's fight against the regulation. Earlier this month, Chief Judge Barbara Lynn of the Northern District of Texas ruled against the Chamber of Commerce and its many co-plaintiffs, dismissing its arguments that the Labor Department had exceeded its legal authority creating the rule, and that it had failed to conduct an adequate cost-benefit analysis to help justify the regulation. The Labor Department's "fiduciary" rule requires brokers to put their clients' best interests first when advising them about individual retirement accounts or 401(k) retirement plans.
|Overhaul of Medicaid expansion could cost states $32 billion: report - |
Proposals in Congress that would effectively end Medicaid expansion in 31 U.S. states would cost those states at least $32 billion altogether in 2019, according to a report released on Friday. Republican President Donald Trump has pushed to fulfill a campaign promise to replace Obamacare, his Democratic predecessor's signature healthcare plan, with the help of a Republican-controlled Congress. More details of potential replacements by U.S. House Republicans for former President Barack Obama's Affordable Care Act emerged on Friday, though they have yet to agree on a single detailed policy proposal to repeal and replace the healthcare law.
|Petrobras settles four more lawsuits with investors in the U.S - |
SAO PAULO (Reuters) - Brazil's state-run oil company Petróleo Brasileiro SA, or Petrobras, said on Friday its board has approved settlements with investors in four more lawsuits in a U.S. federal court in New York.