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Despite Tillerson overture, White House says not right time for North Korea talks

WASHINGTON (Reuters) - No negotiations can be held with North Korea until it improves its behavior, a White House official said on Wednesday, raising questions about U.S. Secretary of State Rex Tillerson‘s offer to begin talks with Pyongyang any time and without pre-conditions.

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U.S. Republicans craft tax deal, final votes seen next week

WASHINGTON (Reuters) - Congressional Republicans reached a deal on final tax legislation on Wednesday, clearing the way for final votes next week on a package that would slash the U.S. corporate tax rate to 21 percent and cut taxes for wealthy Americans.

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Ford to shift midsize sedan production out of Mexico: sources

(Reuters) - Ford Motor Co has told suppliers it plans to shift production of midsize Fusion and Mondeo sedans out of Mexico and Spain in 2020 and move it to China, three sources said on Wednesday.

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Exclusive: Ford to base Fusion production in China - sources

(Reuters) - Ford Motor Co plans to consolidate global production of midsize sedans in China in 2020, three sources said on Wednesday.

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Fed lifts interest rates, keeps 2018 policy outlook unchanged

WASHINGTON (Reuters) - The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.

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After Alabama upset, Democrats see new prospects in U.S. South

WASHINGTON (Reuters) - The solidly Republican South suddenly looks a little less solid.

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U.S. judge orders accused New York bomber detained ahead of trial

NEW YORK (Reuters) - The Bangladeshi man accused of attempting a suicide bombing in a busy New York City commuter hub will remain in federal custody while he awaits trial on charges that include supporting a foreign terrorist organization, a judge ruled on Wednesday.

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U.S. court removes creditor hurdle to a Westinghouse bankruptcy plan

WILMINGTON, Del. (Reuters) - A U.S. judge shot down on Wednesday a request by creditors of Westinghouse Electric Co LLC for a bigger role in the nuclear technology company‘s bankruptcy just days after its parent company Toshiba Corp proposed a restructuring plan.

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Alabama win thrills Democrats as Republicans point fingers

WASHINGTON (Reuters) - Democrats said on Wednesday their U.S. Senate victory in Alabama could lead to a sweeping comeback for the party in 2018 elections while Republicans sought to assess blame for a defeat in one of the nation‘s most conservative states.

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Fed raises interest rates, keeps 2018 policy outlook unchanged

WASHINGTON (Reuters) - The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.

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Airbus leadership under fire as crisis deepens

TOULOUSE/PARIS (Reuters) - Airbus is engulfed in a fresh bout of speculation over the future of senior managers as corruption probes rattle the aerospace company and add fuel to a long-running clash of egos at the top, people familiar with the group said.

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Exclusive: Saudi Aramco to push ahead with market share, expansion strategy - CEO

DAMMAM, Saudi Arabia (Reuters) - Saudi Aramco, the world‘s largest oil producer, aims to regain its lost market share after the OPEC-led supply-cut pact ends and plans to push ahead with a downstream expansion strategy to be on par with Big Oil, its chief executive said on Wednesday.

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Congress secures tax deal, Trump backs 21-percent corporate rate

WASHINGTON (Reuters) - Congressional Republicans have reached a deal on final tax legislation, the U.S. Senate‘s top Republican tax writer said on Wednesday, with President Donald Trump saying he would back a sharply lowered corporate tax rate of 21 percent.

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Fed raises interest rates, keeps policy outlook unchanged for 2018

WASHINGTON (Reuters) - The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.

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Exclusive: Ford to base Fusion production in China, ship to U.S. - sources

(Reuters) - Ford Motor Co plans to consolidate global production of midsize sedans in China in 2020 and ship them to the United States and Europe, three sources said on Wednesday.

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U.N. expert says torture persists at Guantanamo Bay; U.S. denies

GENEVA (Reuters) - An independent U.N. human rights investigator said on Wednesday that he had information about an inmate being tortured at the U.S. Guantanamo Bay detention facility, despite Washington banning "enhanced interrogation techniques" almost 10 years ago.

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Senate secures tax deal, Trump backs 21-percent corporate rate

WASHINGTON (Reuters) - Congressional Republicans have reached a deal on final tax legislation, the top Senate Republican tax writer said on Wednesday, with President Donald Trump saying minutes later he would back a corporate tax rate of 21 percent.

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Minnesota lieutenant governor to replace Franken in Senate

(Reuters) - Minnesota‘s Democratic Lieutenant Governor Tina Smith was appointed as U.S. senator by the state‘s governor on Wednesday to replace Al Franken, who resigned after being accused of sexual harassment.

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Republicans reach deal on final tax legislation

WASHINGTON (Reuters) - Congressional Republicans have reached a deal on final tax legislation, the top Senate Republican tax writer said on Wednesday, an achievement that would clear the way for final votes in the Senate and House of Representatives next week.

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Minnesota Lieutenant Governor Tina Smith to replace Franken: report

(Reuters) - Minnesota‘s governor will appoint Democratic Lieutenant Governor Tina Smith as U.S. senator to replace Al Franken, who resigned after being accused of sexual harassment, the Minneapolis Star Tribune reported on Wednesday, citing sources.

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Justice official downplays Republican criticism of Mueller

WASHINGTON (Reuters) - U.S. Deputy Attorney General Rod Rosenstein on Wednesday downplayed Republican lawmakers‘ concerns that attorneys and agents investigating Russian alleged interference in the 2016 presidential election might be biased against President Donald Trump.

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Republicans rush to nail down tax deal as Trump readies final push

WASHINGTON (Reuters) - Congressional Republicans scrambled on Wednesday to hammer out a final tax bill, as U.S. President Donald Trump prepared to make his closing arguments in a speech promoting the party‘s plan to slash taxes for corporations and wealthy Americans.

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House and Senate reach deal on U.S. tax legislation -Hatch

WASHINGTON (Reuters) - U.S. Senate Finance Committee Chairman Orrin Hatch said on Wednesday that Republicans in the Senate and House of Representatives had reached a deal on tax reform legislation.

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Muslim leaders call on world to recognize East Jerusalem as Palestinian capital

ISTANBUL (Reuters) - Muslim leaders condemned U.S. President Donald Trump‘s recognition of Jerusalem as the capital of Israel on Wednesday and called on the world to respond by recognizing East Jerusalem as the capital of Palestine.

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