General Motors Q2 earnings rise 52% on strong sales, prices and automaker raises outlook for 2023
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General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago. The Detroit automaker said continued strong vehicle sales and pricing, as well as cost cuts, led to …
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By TOM KRISHER
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7/25/23
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Asia-Pacific needs disaster warning systems to counter rising climate change risks, report says
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A United Nations report says the Asia-Pacific region needs to drastically increase its investments in disaster warning systems and other tools to counter rising risks from climate change. The report …
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By ELAINE KURTENBACH
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7/25/23
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The Biden administration proposes new rules to push insurers to boost mental health coverage
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President Joe Biden’s administration is announcing new rules meant to push insurance companies to increase their coverage of mental health treatments. The new regulations being announced Tuesday …
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7/25/23
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UN watchdog says landmines are placed around Ukrainian nuke plant occupied by Russia
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The U.N. atomic watchdog says its staff at Ukraine’s Russian-occupied Zaporizhzhia Nuclear Power Plant report seeing anti-personnel mines around the site. The report comes as Kyiv pursues a …
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By FELIPE DANA
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7/25/23
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Stock market today: Asian markets follow Wall St up after Chinese promise to support economy
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Asian stock markets have followed Wall Street higher after China’s ruling Communist Party promised to shore up its sagging economy ahead of a Federal Reserve meeting that traders hope will announce …
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By JOE McDONALD
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7/25/23
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Luxury group LVMH joins top-tier French sponsors of the 2024 Paris Olympics and Paralympics
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The world’s biggest luxury group, LVMH Moët Hennessy Louis Vuitton, has announced a sponsorship deal with the 2024 Paris Olympics and Paralympics. Antoine Arnault, one of the heirs to the LVMH …
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7/24/23
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Santa Barbara's daily, one of California's oldest, stops publishing after owner declares bankruptcy
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The Pulitzer Prize-winning Santa Barbara News-Press, one of California’s oldest newspapers, has ceased publishing after its owner declared the 150-year-old publication bankrupt. The newspaper …
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By OLGA R. RODRIGUEZ
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7/24/23
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In 'Barbie,' 'Oppenheimer' smash success, audiences send message to Hollywood: Give us something new
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In the massive movie weekend of “Barbie” and “Oppenheimer,” there were many winners. But one of the most important triumphs in the moviegoing monsoon of “Barbenheimer” was originality. …
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By JAKE COYLE
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7/24/23
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US Supreme Court asked to set aside ruling that blocks construction on Mountain Valley Pipeline
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The state of West Virginia is appealing a court ruling that temporarily blocked construction on a contentious natural gas pipeline. West Virginia Attorney General Patrick Morrisey has asked the U.S. …
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By JOHN RABY
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7/24/23
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IRS is ending unannounced visits to taxpayers to protect worker safety and combat scammers
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The IRS says it is ending its decades-old policy of making unannounced home and business visits — in a an effort to keep its workers safe and combat scammers who pose as IRS agents. Effective …
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By FATIMA HUSSEIN
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7/24/23
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How David Bowie, long thought ambivalent to country music, became a writer on a Chris Young song
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Country star Chris Young’s latest single, “Young Love & Saturday Nights,” is a vivid love letter to summertime weekends, old trucks, and dive bar bands. And it might sound immediately familiar: …
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By MARIA SHERMAN
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7/24/23
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With ‘Barbie,’ Greta Gerwig breaks a box office record for female directors
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“Barbie” didn’t just break the opening weekend record for 2023; It also shattered the first weekend record for a film directed by a woman. With $162 million in ticket sales from North American …
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By LINDSEY BAHR
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7/24/23
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Salesforce CEO shares his predictions for AI and the future of work
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Salesforce founder Marc Benioff is among the few tech pioneers who is also still CEO at a groundbreaking company born in the 1990s. And the 58-year-old Benioff isn't ready to leave Salesforce yet, …
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By MICHAEL LIEDTKE
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7/24/23
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Key question as Federal Reserve meets: Can the central bank pull off a difficult 'soft landing'?
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When Chair Jerome Powell and other Federal Reserve officials gather this week for their latest decision on interest rates, they will do so on the cusp of achieving an elusive “soft landing” — …
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By CHRISTOPHER RUGABER
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7/24/23
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Election leaves Spain in political disarray with no party having an easy path to form a government
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Spain is in political disarray after elections left no party with a clear path to forming a government. The uncertainty deepened as both of the country’s two main parties indicated that they hope …
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By CIARÁN GILES
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7/24/23
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Arizona woman's heat death after her power was cut off spurred changes, but advocates want more
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The death of an older Arizona woman when her electricity was cut during a heat spell five years ago spurred changes in shutoff rules. But advocates say more could be done to help prevent more deaths …
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By ANITA SNOW
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7/24/23
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China urges Japan not to disrupt chip industry after technology curbs take effect
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China’s government has appealed to Japan not to disrupt the semiconductor industry after Japanese curbs on exports of chip-making technology took effect, adding to technology restrictions …
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7/24/23
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Iran targets e-commerce giant over photos of female employees without headscarves in new crackdown
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Iranian authorities have shut down one of the offices of the country’s biggest e-commerce company and launched judicial procedures over the publication of photos showing female employees not …
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7/24/23
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Chinese e-commerce giant Alibaba says it will not sell shares in Ant's buyback program
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Chinese e-commerce giant Alibaba has said it will not sell any shares in its one-third shareholding in financial technology company Ant Group Co. because it wants to retain its stake in an …
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By ZEN SOO
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7/24/23
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Stock market today: Asian shares mostly higher after winning week on Wall Street
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Asian shares have advanced after Wall Street closed out another winning week. Hong Kong declined but other major markets in the region were higher. U.S. futures edged lower and oil prices also fell. …
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By ELAINE KURTENBACH
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7/24/23
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