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Top U.S. Senate Republican: staffers to seek deal to end shutdown

U.S. Senate Majority Leader Mitch McConnell (R-KY) is surrounded by reporters as he returns from meeting with President Donald Trump and Democratic leaders at the White House, to the U.S. Capitol in Washington, U.S. January 2, 2019. REUTERS/Jonathan Ernst/File PhotoWASHINGTON (Reuters) - The top Republican in the U.S. Senate said on Friday that the White House and congressional leaders were designating staff to talk this weekend in an effort to reach a deal to reopen the government that they could then recommend to President Donald Trump and congressional leaders. “We’ll see if they can reach an agreement and punt it back to us for final sign-off,” Senate…

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Exclusive: California utility PG&E explores bankruptcy filing – sources

(Reuters) - California utility company PG&E Corp (PCG.N) is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to fatal wildfires in 2018 and 2017, people familiar with the matter said on Friday. FILE PHOTO: PG&E crew work to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage/File PhotoThe company is considering the move as a contingency, in part because it could soon take a significant financial charge for the fourth quarter of 2018 related to liabilities from the blazes, the sources said. A bankruptcy filing is not certain,…

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Newly powerful U.S. House Democrats hold off on Trump subpoena flurry

WASHINGTON (Reuters) - The new Democratic majority in the U.S. House of Representatives is quietly planning behind the scenes for a series of investigations of Republican President Donald Trump, but no immediate flurry of subpoenas materialized as some Democrats had hoped. U.S. House Speaker Nancy Pelosi (D-CA) leads Democrats in introducing proposed government reform legislation, which they've titled the For the People Act, at the U.S. Capitol in Washington, U.S. January 4, 2019. REUTERS/Jonathan ErnstDemocratic leaders began their new era of control with caution, reflecting their persistent concern that acting too quickly to press investigations of Trump’s ties with Russia or his personal tax records may be…

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Trump says China woes help U.S. in trade talks, downplays Apple warning

WASHINGTON/BEIJING (Reuters) - President Donald Trump on Friday downplayed a revenue warning from Apple Inc that cited slowing sales in China and said China’s weakening economic growth puts the United States in a strong position as negotiators from the world’s two largest economies prepare for trade talks next week. Trump has slapped import tariffs on hundreds of billions of dollars of Chinese goods as he seeks concessions from Beijing on issues ranging from industrial subsidies to hacking, sparking retaliation by China. The measures have disrupted trade, hurt manufacturing, roiled international markets and slowed the global economy. U.S. officials are heading to Beijing next week for the first…

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Central American migrants protest closure of Tijuana shelter

TIJUANA, Mexico (Reuters) - Federal police took steps to close a migrant shelter in Mexico’s city of Tijuana on Friday, sparking protests from some of the dozens of U.S.-bound people who had been staying there after traveling in a caravan from Central America. A migrant, part of a caravan of thousands from Central America trying to reach the United States, wraps a raincoat around himself to protect from rainfall at a temporary shelter in Tijuana, Mexico, December December 25, 2018. REUTERS/Mohammed Salem/File PhotoThe arrival of several thousand migrants in recent months, many fleeing poverty and violence in Honduras, has challenged Mexico’s new president to make good on…

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Tesla urges tariff exemption for Chinese-made car computer ‘brain’

WASHINGTON (Reuters) - Tesla Inc has asked the Trump administration to exempt the Chinese-made car computer “brain” of its new Model 3 sedan from 25 percent tariffs imposed in August, saying they threaten the electric carmaker’s bottom line. FILE PHOTO: A car carrier trailer carries Tesla Model 3 electric sedans, is seen outside the Tesla factory in Fremont, California, U.S. June 22, 2018. REUTERS/Stephen Lam/File Photo“Increased tariffs on this particular part cause economic harm to Tesla, through the increase of costs and impact to profitability,” the company said in a previously unreported request for tariff relief from the government. Led by tech billionaire Elon Musk, Tesla is…

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