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JOHANNESBURG (AP) — President Barack Obama shook hands with Cuban President Raul Castro Tuesday at a memorial service for Nelson Mandela, a simple gesture that signaled possible thawing between the leaders of two Cold War foes.
Snowfall in the northeastern United States caused flight cancellations and airport delays Tuesday while federal government offices and schools closed due to the foul weather. Snow and ice were also slowing air traffic at New York's LaGuardia and John F Kennedy International airports. Further cancellations and delays are likely throughout the morning," said a notice from the Metropolitan Washington Airports Authority. In Washington, the federal government operated at a slower pace as agencies closed to keep commuters off roads and prevent accidents.
By Emily Stephenson and Douwe Miedema WASHINGTON (Reuters) - U.S. regulators toughened key sections of the Volcker rule's crackdown on Wall Street's risky trades on Tuesday as they finalized one of the harshest reforms after the credit meltdown. The rule - named after former Federal Reserve Chairman Paul Volcker, who championed the reform - generally bans banks from proprietary trading, or speculative trading for their own profits. ...