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A construction fire that gutted an entire city block of downtown Los Angeles and caused up to $30 million in damages was an act of arson, authorities said on Thursday.

President Barack Obama on Thursday will set up a task force to draw up recommendations to strengthen trust between law enforcement and local communities, following protests over several instances of police killings of unarmed people this year.

Royal Bank of Canada has agreed to pay $35 million to resolve a lawsuit by the U.S. Commodity Futures Trading Commission that accused it of running an