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S&P 500 closes the book on its steepest first-half slide since 1970

S&P 500 closes the book on its steepest first-half slide since 1970

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Record US May Consumer Spending Up Moderately; inflation stays hot Nasdaq records largest percentage drop in January-June Indices down: Dow 0.82%, S&P 0.88%, …

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Disney, other U.S. companies offer abortion travel benefit after Roe decision

Disney, other U.S. companies offer abortion travel benefit after Roe decision

NEW YORK, June 24 (Reuters) – U.S. companies including Walt Disney Co (DIS.N) and Facebook parent Meta Platforms Inc (META.O) said on Friday they will cover female employees’ expenses if they have to travel for receive abortion services after the The United States Supreme Court overturned Roe v Wade. The US Supreme Court on Friday …

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Breakingviews: Germany’s gas action plan pulls its punches

Breakingviews: Germany’s gas action plan pulls its punches

Pressure gauges are seen at the Zsana storage site in Zsana, Hungary, May 20, 2022. REUTERS/Bernadett Szabo Sign up now for FREE unlimited access to Reuters.com Record LONDON, June 24 (Reuters Breakingviews) – Germany is facing a sudden acceleration of its gas crisis. A 60% drop in Russian supplies since the beginning of June threatens …

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Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

TOKYO, June 24 (Reuters) – The head of Toyota Motor Corp (7203.T) has pressed the Japanese government to make it clear that it supports hybrid vehicles as much as battery-electric ones or it will lose support from the auto industry, a report said. senior legislator at a meeting of the ruling party. The lobbying by …

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Toyota recalls first mass-produced EVs less than 2 months after launch

Toyota recalls first mass-produced EVs less than 2 months after launch

The 2023 Toyota bZ4X all-electric SUV is displayed during the 2021 Los Angeles Auto Show in Los Angeles, California, U.S., November 17, 2021. REUTERS/Mike Blake Sign up now for FREE unlimited access to Reuters.com Record TOKYO, June 23 (Reuters) – Toyota Motor Corp (7203.T) said on Thursday it will recall 2,700 of its first mass-produced …

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Biden administration leans on Tesla for guidance in renewable fuel policy reform

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – U.S. President Joe Biden rarely mentions electric carmaker Tesla Inc (TSLA.O) in public. But privately, his administration has leaned on the company to help craft a new policy that allows electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. . Tesla was …

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Musk says Tesla's new car factories 'losing billions of dollars'

Musk says Tesla’s new car factories ‘losing billions of dollars’

SAN FRANCISCO, June 22 (Reuters) – Tesla Inc’s (TSLA.O) new car factories in Texas and Berlin are “losing billions of dollars” as they struggle to ramp up production due to battery shortages and problems with China’s ports, said Chief Executive Elon. Musk said in an interview published Wednesday. “Both the Berlin and Austin factories are …

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