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After spring crisis, US banks face subdued profit outlook

After spring crisis, US banks face subdued profit outlook

The upcoming deluge of US bank earnings is expected to show more pressure on deposits, an uptick in reserves for bad loans and much talk about potential new regulations.

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NBA adopts flopping penalty, expands coach's challenges

NBA adopts flopping penalty, expands coach's challenges

NBA team owners approved rule changes on Tuesday creating an in-game flopping penalty and expanded coach's video replay challenge starting next season, the league announced.

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India shoots for the moon with latest rocket launch

India shoots for the moon with latest rocket launch

India on Friday launches its latest attempt at an unmanned moon landing, the next frontier of a burgeoning, cut-price aerospace programme rapidly closing in on the milestones set by global superpowers.

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Canada watchdog probes Nike over Uyghur forced labor claims

Canada watchdog probes Nike over Uyghur forced labor claims

Sporting giant Nike and mining company Dynasty Gold are being investigated in Canada over allegations they used forced labor from China's Uyghur minority, a Canadian watchdog announced Tuesday.

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Manson disciple Leslie Van Houten released from prison

Manson disciple Leslie Van Houten released from prison

Leslie Van Houten, a disciple of notorious serial killer Charles Manson, was released from prison Tuesday after more than five decades, California prison authorities said.

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Evacuations as US state of Vermont hit by catastrophic floods

Evacuations as US state of Vermont hit by catastrophic floods

President Joe Biden declared a state of emergency in the northeastern US state of Vermont Tuesday as heavy rains triggered flooding from which dozens of residents were rescued by boat.

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NFL rusher Kamara makes plea deal over 2022 Vegas incident

NFL rusher Kamara makes plea deal over 2022 Vegas incident

New Orleans Saints running back Alvin Kamara pleaded no contest on Tuesday to a misdemeanor charge over a fight last year in Las Vegas during NFL Pro Bowl weekend.

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France riot damage racks up $700 mn insurance bill: industry body

France riot damage racks up $700 mn insurance bill: industry body

Damage from riots sparked by the police killing of a teenager in France has resulted in a $715 million insurance bill, an industry body said Tuesday.

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Djokovic says he's 'favourite' to win Wimbledon

Djokovic says he's 'favourite' to win Wimbledon

Novak Djokovic said he considers himself "favourite" to lift this year's Wimbledon title even if it makes him sound "arrogant".

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Jury declares Aretha Franklin will found in couch valid

Jury declares Aretha Franklin will found in couch valid

A handwritten document found in Aretha Franklin's couch cushion is a valid will determining the late Queen of Soul's wishes, a Michigan jury found Tuesday, according to the local Detroit Free Press newspaper.

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