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Only Elon Musk can fire Elon Musk from SpaceX, filing shows

SpaceX is telling investors that no one can fire Elon Musk from his role as chief executive and chairman of the board without the billionaire founder's consent, according to an excerpt of its IPO filing reviewed by Reuters.The filing states that Musk "can only be removed from our board or these positions by the vote of Class B holders" - super-voting shares with ten votes apiece that he will control after the IPO, making his removal effectively a self-vote. If he "retains a significant portion of his holdings of Class B common stock for an extended period of time, he could continue to control

Mexico to require public projects use local steel after US tariffs

Kevin Warsh is one step closer to top job at the Fed after Trump's pick approved by Senate committee

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NH state lawmaker faces possible discipline over social media post referencing 'final solution'

CONCORD, New Hampshire (WMUR) -- A committee at the State House is considering whether to discipline or expel a state representative from Weare over a social media post targeting a fellow lawmaker and invoking a Nazi term for the systemic extermination of Jewish people.Some who spoke at the hearing Monday said it doesn't matter if state Rep. Travis Corcoran, R-Weare, was joking. They believe he should face consequences."Mr. Corcoran's words are an affront not only to Jewish people, but to all people who are committed to the free exchange of ideas without threat of viol

US Supreme Court undermines key provision of Voting Rights Act

FULL TEXT- Bank of Canada leaves key interest rate unchanged

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MercadoLibre CEO flags loan‑book sales, plays down Venezuela expansion

MercadoLibre could sell parts of its fast-growing loan book to support its fintech business, its chief executive told Reuters, adding that operations in Venezuela remain small and unchanged, as investors weigh credit risk ahead of first-quarter earnings."We could sell part of the loan book ... in order to find the right funding tools," Ariel Szarfsztejn said in an interview on Tuesday in Buenos Aires, stressing there were no plans to sell core businesses or dismantle fintech arm Mercado Pago.Shares in Latin American e-commerce giant MercadoLibre fell earlier this year as investors grew more c

FULL TEXT-Bank of Canada governor says rate changes will be small if forecasts hold

Bank of Canada lifts growth forecasts for 2026 and 2027

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Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Federal Reserve Chair Jerome Powell is no stranger to tough decisions, but now he faces one of his toughest and most personal calls yet: Leave the stage or stick around in a supporting role once his replacement takes the helm of the US central bank.Powell’s term as Fed chair expires on May 15, but his separate term on the Fed’s powerful board of governors doesn’t lapse until January 2028.The succession drama at one of the most powerful institutions in the world has sparked a new guessing game in Washington and on Wall Street: Will Powell stay, now that the Justice Department has dropped

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Fed chief nominee Warsh clears key confirmation hurdle in Senate

Kevin Warsh, U.S. President Donald Trump's pick to lead the Federal Reserve, cleared a key procedural hurdle on Wednesday, opening the way for him to succeed Jerome Powell in coming weeks amid the White House's unprecedented efforts to exert control over the world's most powerful central bank.The Senate Banking Committee voted along party lines to advance Warsh's nomination to the full Republican-controlled Senate. All 13 Republicans on the panel supported Warsh after North Carolina Senator Thom Tillis dropped his opposition following the Department of Justice's decision on Friday to end a cr

Tornado devastates Texas town on sixth straight day of severe storms

Supreme Court to weigh Trump administration push to end protections for Haitian, Syrian migrants

US pump prices near 4-year high on Iran war disruption, refinery outages

The average U.S. gasoline price rose to its highest level in nearly four years after the U.S. and Israel attacked Iran at the end of February, according to data from the American Automobile Association.Average prices at the pump rose 7 cents to $4.18 a gallon on Tuesday, representing the biggest single-day increase in more than a month, AAA data showed. Gasoline prices have climbed $1.19 a gallon, or more than 40%, since late February.Motorists around the country have been feeling pain at the pump as energy costs soar amid conflict in the Middle East that has choked shipping traffic through t

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Senate rejects attempt to end Trump's blockade of Cuba

Senate Republicans rejected legislation from Democrats on Tuesday that would have required President Donald Trump to end the U.S. energy blockade on Cuba unless he receives approval from Congress. The vote on the war powers resolution showed how Republicans continue to stand behind Trump as he acts unilaterally to exert American force in a range of global conflicts, including Venezuela, Iran and Cuba — one of the U.S.'s closest neighbors yet a longtime adversary. Democrats have repeatedly forced votes on legislation to put a check on the president's ability to d

LIV Golf moves to postpone New Orleans event amid clouded future

Jalen Brunson scores 39 points and the Knicks rout the Hawks 126-97 for a 3-2 series lead

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Supreme Court examines Trump's move against Haitian and Syrian immigrants

The U.S. Supreme Court examines on Wednesday moves by President Donald Trump's administration to strip humanitarian protections from hundreds of thousands of Haitian and Syrian immigrants, part of his signature immigration crackdown.The justices will hear arguments in the administration's appeals of rulings by federal judges in New York and Washington, D.C., halting its actions to terminate Temporary Protected Status, or TPS, previously provided by the U.S. government to more than 350,000 people from Haiti and 6,100 from Syria. The State Department currently warns against traveling to either

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NASA's Artemis II moonship returns home to its launch site after historic voyage

The spacecraft that flew four astronauts around the moon is back where its record-breaking journey began. NASA’s Artemis II capsule returned to Florida’s Kennedy Space Center on Tuesday, almost a month after blasting off on humanity’s first lunar trip in more than a half-century. Following its splashdown in the Pacific on April 10, the Orion capsule was trucked from San Diego to Cape Canaveral. Engineers will examine the capsule’s heat shield in more detail along with everything else in preparation for next year's Artemis III docking demo in orbit around E

Fed likely to leave rates unchanged at what may be Powell's last meeting, as Warsh to advance

Fed chief nominee Warsh clears key confirmation hurdle in Senate

The Latest: Hegseth to face Congress for first time since Iran war began

Defense Secretary Pete Hegseth is facing questioning from lawmakers for the first time since U.S. President Donald Trump launched the war against Iran, which Democrats have contested as a costly conflict of choice waged without congressional approval. Wednesday's hearing before the House Armed Services Committee is being held to discuss the administration’s 2027 military budget proposal, which would boost defense spending to a historic $1.5 trillion. Hegseth and the chairman of the Joint Chiefs of Staff, Gen. Dan Caine, are expected to stress the need for more dr

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How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive

As the war in Iran enters its ninth week with no clear end in sight, shipping traffic in the Persian Gulf and the Strait of Hormuz has been completely reshaped, heavily disrupting global markets and supply chains for oil, natural gas, fertilizer and other essential products.Before the United States and Israel launched their attacks on Iran in late February about 3,000 vessels typically passed through the Strait of Hormuz each month, according to Lloyd’s List Intelligence. Oil tankers passing through accounted for an estimated 15 million barrels per day of crude and other oil product exports,