By David Shepardson WASHINGTON (Reuters) – The White House plans to renew a push in April to convince Congress to extend an internet subsidy program used by 23 million American households just w[...]
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April 2, 2024
Alibaba makes second biggest ever quarterly share repurchase worth $4.8 billion
(Corrects headline and text to say buyback is second biggest, not the biggest) (Reuters) – Chinese e-commerce giant Alibaba Group said it had bought back $4.8 billion worth of shares in the quar[...]
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Toyota reports 20% jump in first-quarter US auto sales
(Reuters) – Toyota Motor North America (TMNA) reported an about 20% rise in first-quarter U.S. auto sales on Tuesday, helped by demand for its affordable sedans, crossovers SUVs and pickup truck[...]
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Biden administration approves eighth US offshore wind project
By Valerie Volcovici WASHINGTON (Reuters) – The U.S. Interior Department on Tuesday approved the country’s eighth commercial-scale offshore wind project, which will be built off the coast[...]
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US climate law has boosted solar, batteries; hydrogen, other initiatives lag
By Sabrina Valle HOUSTON (Reuters) – The U.S. has doubled the pace of cutting carbon emissions since President Joe Biden’s Inflation Reduction Act (IRA) passed in 2022, analysts and scient[...]
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US factory orders increase solidly in February
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods rebounded more than expected in February, boosted by demand for machinery and commercial aircraft as manufacturing regains its footi[...]
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SocGen, AllianceBernstein launch their cash equities JV
PARIS (Reuters) – Societe Generale, France’s third-biggest listed bank, and U.S. asset manager AllianceBernstein officially launched their joint venture in the cash equities and equity res[...]
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US health insurers slide as final Medicare payment rates fall below expectations
(Reuters) – Shares of U.S. health insurers tumbled between 6% and 12% on Tuesday after the final 2025 rates for Medicare Advantage (MA) payments by the government implied a cut and triggered wor[...]
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UBS launches new $2 billion share buyback
ZURICH (Reuters) -UBS on Tuesday said it was launching a new share buyback programme of up to $2 billion, with up to half being completed in 2024. The scheme will begin on Wednesday, said the Swiss ba[...]
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