Monday, October 14

Tag: Content Types

Top Hamas Leader Saleh al-Arouri Killed in Suspected Israeli Strike in Beirut
2Jan By adminNo Comments
World

Top Hamas Leader Saleh al-Arouri Killed in Suspected Israeli Strike in Beirut

Listen to article(2 minutes)A top Hamas leader was killed Tuesday by a suspected Israeli strike in Beirut, according to two Lebanese security officials, raising the specter of further escalation in Israel’s war against Palestinian militants in the Gaza Strip.The blast killed Saleh al-Arouri, a founder of the Hamas military wing and one of its top political leaders, and at least three other people, the officials said. Hamas confirmed Arouri’s death in a statement. The Israeli military declined to comment on the explosion.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Biden’s $3.1 Billion Train Ticket to Nowhere
2Jan By adminNo Comments
Health

Biden’s $3.1 Billion Train Ticket to Nowhere

It didn’t get a lot of attention, but last month the White House awarded $3.1 billion to the California High-Speed Rail project. This was supposed to be a bullet train connecting San Francisco and Los Angeles in less than three hours. Instead, its costs keep rising even as the state scales back the plan. Since 2008, when California voters authorized a $10 billion bond issue for the train, they’ve been sold a bill of goods.The original total estimated construction cost to taxpayers was $33 billion. That’s risen to at least $100 billion. The authority decided to offer service between San Francisco and Los Angeles in Phase I, then eventually extend the train service north to Sacramento and south to San Diego. Phase I was to have been completed by 2020. Copyright ©2024 Dow Jones & Company...
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Chevron Warns of Billions in Charges From California Challenges, Gulf of Mexico Assets
2Jan By adminNo Comments
World

Chevron Warns of Billions in Charges From California Challenges, Gulf of Mexico Assets

Chevron said it will book $3.5 billion to $4 billion in charges for the fourth quarter, citing challenges tied to regulations in California and previously sold oil and gas production assets in the Gulf of Mexico.Chevron said it will impair a portion of its U.S. upstream assets, mostly in California, due to regulatory challenges in the state that have led to “lower anticipated future investment levels in its business plans.” Chevron said it will continue to operate the affected assets for many years.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Xi Jinping Says Happy New Year
2Jan By adminNo Comments
Business

Xi Jinping Says Happy New Year

China’s Supreme Leader Xi Jinping offered his traditional New Year’s greeting Monday with a warning. “The reunification of the motherland is a historical inevitability,” Mr. Xi said, according to the Chinese-language version documented by various news sources.“Compatriots on both sides of the Taiwan Strait should be bound by a common sense of purpose and share in the glory of the rejuvenation of the Chinese nation,” he added. The official English translation wrote “all Chinese” rather than “compatriots,” according to a Reuters dispatch.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s EV Champion BYD Will Take on the World in 2024
2Jan By adminNo Comments
Money

China’s EV Champion BYD Will Take on the World in 2024

China’s electric-vehicle maker BYD will be on top of the world this year, with overseas markets its main battleground.At home, it already surpassed Volkswagen as the most popular car brand in China last year. Globally, it will likely overtake Tesla as the bestselling pure EV maker in 2024.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Iberdrola’s Avangrid Ends $4.3 Billion Deal With PNM Resources
2Jan By adminNo Comments
World

Iberdrola’s Avangrid Ends $4.3 Billion Deal With PNM Resources

Updated Jan. 2, 2024 3:55 am ETIberdrola’s U.S. renewables subsidiary Avangrid has ended a merger agreement with power company PNM Resources after rejecting a bid to extend the deadline of the $4.3 billion deal reached in October 2020.The Spanish energy company said Tuesday that Avangrid—which is 81.5%-owned by Iberdrola and houses its U.S. renewable-energy assets as well as electric and natural-gas utilities—terminated the deal after conditions for closing it weren’t met in the timeframe the parties agreed to.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Double Dipping in Opioid Lawsuits
2Jan By adminNo Comments
Health

Double Dipping in Opioid Lawsuits

The plaintiffs bar never met a business it wouldn’t sue, and now the lawyers are using government authority to pursue private interests. In their latest business model, trial lawyers are hired by state attorneys general to help prosecute public lawsuits then use it to the advantage of their private lawsuits. Kudos to one company for pushing back. In December pharmacy benefit manager OptumRx filed a motion in federal court in Ohio to disqualify Motley Rice, a South Carolina plaintiffs firm suing the company in multidistrict opioid litigation. Motley has been retained by state attorneys general and city prosecutors in Washington, D.C., Hawaii and Chicago to handle the government’s litigation, but it continues to represent private clients in related litigation.Copyright ©2024 Dow Jones &...
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Optimism Abounds on Wall Street This New Year
2Jan By adminNo Comments
World

Optimism Abounds on Wall Street This New Year

Wall Street is feeling sunny about the stock market as the calendar flips to 2024.Last year’s widespread skepticism proved to be misplaced. Stocks rose through much of 2023, powered by the rise of artificial intelligence and an economy that stayed stronger than nearly all of Wall Street had anticipated. The recession that investors had largely agreed was imminent never came.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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