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Biden overhauling U.S. marijuana policy

Prior federal offenses to be pardoned; moves could ease U.S. business for cannabis firms

Reading Time: 2 minutes Washington | Reuters — U.S. President Joe Biden took steps to overhaul U.S. policy on marijuana on Thursday by pardoning thousands of people with federal offenses for simple marijuana possession — and initiating a review of how the drug is classified. Biden said thousands of people with prior federal convictions could be denied employment, housing […] Read more


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Biden says U.S. baby formula shortage to ease in weeks

Shortage follows major Similac recall in February

Reading Time: 3 minutes Washington | Reuters — The U.S. baby formula shortage should improve dramatically in coming weeks, President Joe Biden and top officials said on Friday as the administration scrambled to reverse a shortfall that hits lower-income Americans particularly hard. The U.S. is working with manufacturers to allow more importation of baby formula, Biden told reporters in […] Read more



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Cargill fined $10 million for inaccurate swaps information: CFTC

Reading Time: < 1 minute Washington/Chicago/Reuters – Cargill Inc will pay a $10 million fine for providing inaccurate information on swaps to protect its revenue, and for failing to supervise the company’s swap dealers, the Commodity Futures Trading Commission said on Monday. The CFTC said that beginning in 2013, Cargill did not comply with regulations on thousands of complex swaps […] Read more