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Secret Service chief to leave in Trump security shake-up

WASHINGTON (Reuters) - President Donald Trump has ordered a shake-up of the leadership of the Department of Homeland Security, the head of the U.S. Secret Service said on Monday, after the White House said the official would be soon be leaving his post. U.S. Secret Service Director Randolph Alles participates in a news conference about "significant law enforcement actions related to elder fraud" in Washington, U.S. March 7, 2019. REUTERS/Erin ScottThe Secret Service said Randolph “Tex” Alles would depart his job next month. The announcement came a day after Trump ousted Alles’ boss, Homeland Security Secretary Kirstjen Nielsen, with whom he had clashed over immigration issues. “No…

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Actress Felicity Huffman, 13 others to plead guilty in U.S. college admissions scandal

BOSTON (Reuters) - Actress Felicity Huffman and 13 other people have agreed to plead guilty to participating in what prosecutors call the largest college admissions scam uncovered in U.S. history, federal prosecutors said on Monday. The 14 are among 50 people, including wealthy parents and college team coaches, accused by federal prosecutors in Boston of engaging in schemes that involved cheating on college entrance exams and paying $25 million in bribes to secure their children admission at well-known universities. Huffman, who starred in “Desperate Housewives,” was among 33 parents charged in March with participating in the scheme in hopes of getting their children into universities including Yale,…

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U.S. nixes deal for Major League Baseball to sign Cuban players

WASHINGTON (Reuters) - The Trump administration on Monday scrapped a historic agreement between Major League Baseball and the Cuban Baseball Federation that would have allowed Cuban players to sign with U.S. teams without needing to defect. Cuba's national youth baseball pitcher Oscar Hernandez warms up before a friendly game against Japan at the Latinoamericano stadium in Havana, Cuba, December 19, 2018. REUTERS/StringerThe existing deal will not be allowed to go forward because it was based on an erroneous ruling by the former Obama administration that the Cuban Baseball Federation was not part of Cuba’s Communist government, a senior U.S. official said. The move essentially overturns an agreement…

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U.S. tourist, guide kidnapped in Uganda freed after ‘settlement’: tour firm

KAMPALA (Reuters) - An American tourist and her guide who were abducted in Uganda last week were released after a “negotiated settlement” was reached with the kidnappers, the firm that organized her safari told Reuters on Monday. Amid fears the incident could deter tourists from visiting the East African country, U.S. President Donald Trump called on Twitter for the kidnappers to be found. Ugandan authorities said on Sunday that Kimberley Sue Endecott, 35, and her driver, Jean Paul, had been rescued unharmed after being seized by gunmen in Queen Elizabeth National Park, near the border with Democratic Republic of Congo, on April 2. The kidnappers later demanded…

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Theresa May to ask Merkel and Macron for Brexit delay

LONDON (Reuters) - British Prime Minister Theresa May will meet German Chancellor Angela Merkel and French President Emmanuel Macron on Tuesday to argue for a Brexit delay while her ministers hold crisis talks with Labour to try to break the deadlock in London. Britain's Prime Minister Theresa May arrives at church, as Brexit turmoil continues, near High Wycombe, Britain April 7, 2019. REUTERS/Simon DawsonBritain’s departure from the EU has already been delayed once but May is asking for yet more time as she courts veteran socialist Jeremy Corbyn, whose opposition Labour Party wants to keep Britain more closely tied to the bloc after Brexit. “The Prime Minister…

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UK parliament approves Brexit law forcing May to consult on delay

LONDON (Reuters) - Britain’s parliament approved legislation on Monday that gives lawmakers the power to scrutinize and even change Prime Minister Theresa May’s request that the European Union agree to delay Brexit until June 30. Conservative MP Mark Francois is confronted by anti-Brexit protester Steve Bray outside the Houses of Parliament, as Brexit uncertainty continues, in London, Britain April 8, 2019. REUTERS/Simon DawsonMay has already asked Brussels to extend Britain’s EU membership to allow talks with the opposition Labour Party in search of different exit plan - a last-ditch attempt to keep control after parliament rejected her Brexit deal three times. But lawmakers want additional legal guarantees…

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S&P 500, Nasdaq edge higher as earnings season looms

NEW YORK (Reuters) - The S&P 500 and the Nasdaq edged into positive territory on Monday, with gains held in check by falling industrials as investors braced for what analysts now expect to be the first quarter of contracting earnings since 2016. While the Dow ended the session lower, the S&P 500 extended its winning streak. The benchmark index has now seen eight straight days of gains for the first time since October 2017. “We’ve been in an expansion for a long time, this is late-cycle mentality,” said Charlie Ripley, senior market strategist for Allianz Investment Management in Minneapolis. “Typically, we see equities perform well toward the…

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UK parliament approves law forcing May to consult on Brexit delay

LONDON (Reuters) - Britain’s parliament approved legislation on Monday that will give lawmakers the power to scrutinize and even change Prime Minister Theresa May’s request that the European Union agree to delay Brexit until June 30. The bill, which is expected to get its final rubber stamp approval from Queen Elizabeth shortly, gives lawmakers the chance to make legally binding changes to May’s requested departure date during a debate scheduled to last 90 minutes on Tuesday. Reporting by William James; Editing by Kylie MacLellanOur Standards:The Thomson Reuters Trust Principles.

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Klobuchar raises more than $5 million for U.S. presidential run

WASHINGTON (Reuters) - U.S. Senator Amy Klobuchar raised more than $5 million during the first seven weeks of her 2020 White House bid, with more than $3 million left over from her Senate campaign, leaving her with total cash on hand of about $7 million, her campaign said on Monday. FILE PHOTO: Democratic 2020 U.S. presidential candidate and U.S. Senator Amy Klobuchar (D-MN) speaks at the Center for American Progress (CAP) Action Fund forum in Washington, U.S., March 5, 2019. REUTERS/Jim Young/File PhotoKlobuchar’s first quarter fundraising total is considerably less than others among the more than 15 Democrats who have announced they are running for the party’s…

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Pinterest Dials Down Expectations as I.P.O. Nears

SAN FRANCISCO — Pinterest set a price range for its initial public offering that will value the company below its last private-market peg of $12 billion, raising questions about investor demand for prominent but unprofitable technology companies that are stampeding toward the stock market.In an updated prospectus on Monday, Pinterest said it planned to price its offering at $15 to $17 a share. At the high end of that range, the digital pin board company would be valued at about $11.3 billion, accounting for stock options and restricted stock. The business was first valued at $12 billion in 2015, and again in 2017, by venture capitalists and…

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