Reuters USA

North American companies notch another record year for robot orders

By Timothy Aeppel (Reuters) – North American companies struggling to hire workers in the tightest labor market in decades brought on more robots last year than ever before, with many earmarked for new electric vehicle and battery factories under construction. Demand for robots appears to have slackened near the end of the year, though, raising …

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U.S. government to start imposing inflation penalties on drugmakers in 2025

WASHINGTON (Reuters) -The U.S. government will begin imposing penalties in 2025 on drug companies that charge its Medicare program prices that rise faster than inflation, the Centers for Medicare & Medicaid Services said on Thursday. The agency issued initial guidance on how it will implement a provision in President Joe Biden’s signature Inflation Reduction Act …

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Finnish insurer Sampo misses profit forecast in volatile market

(Reuters) – Finnish insurer Sampo on Friday reported a bigger-than-expected drop in fourth-quarter earnings citing challenging capital markets environment, sending its shares falling more than 5%. The group’s profit before tax fell 67% to 390 million euros ($418.43 million) in the quarter, missing analysts’ 553-million-euro estimate in a company-provided poll. Sampo also said it expected …

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U.S. may target Chinese entities linked to spy balloon

By Humeyra Pamuk, Michael Martina and Patricia Zengerle WASHINGTON (Reuters) -The United States will explore taking action against entities connected to China’s military that supported the flight of a Chinese spy balloon into U.S. airspace last week, a senior State Department official said on Thursday. Washington is confident that the manufacturer of the Chinese balloon, …

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Ukrainian family of cinematographer sue Baldwin over ‘Rust’ shooting

By Andrew Hay (Reuters) -The Ukrainian parents and sister of Halyna Hutchins filed a civil lawsuit against actor Alec Baldwin and others over the cinematographer’s 2021 death in New Mexico during the filming of the Western “Rust,” the family’s lawyer said on Thursday. The announcement comes after a Santa Fe prosecutor on Jan. 31 criminally …

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Analysis-Investors seek uncorrelated assets on worries volatility will return

By Laura Matthews (Reuters) – Concerns that last year’s wild swings in stocks and bonds will resurface in 2023 are boosting the appeal of investments less dependent on upside in either asset class, such as managed futures and private markets. Soaring interest rates sparked a rare lockstep tumble in equity and fixed income last year, …

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Prize-winning reporter Seymour Hersh no stranger to controversy

(Reuters) – Pulitzer Prize-winning U.S. reporter Seymour Hersh said this week that U.S. Navy divers, in a CIA operation ordered by President Joe Biden, planted explosives that destroyed three Russian gas pipelines under the Baltic Sea last September. The White House dismissed Hersh’s report, which relied on a single source to support its claim about …

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Defiant Ortega frees political prisoners in Nicaragua, expels them to U.S

By Ismael Lopez and Julio-Cesar Chavez MANAGUA/WASHINGTON (Reuters) -More than 200 Nicaraguan political prisoners were freed and flown to the United States on Thursday, nearly all of them prominent government critics jailed in President Daniel Ortega’s crackdown on dissent over recent years. Ortega later described the surprise release as a push to expel criminal provocateurs …

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Blue Origin awarded its first NASA interplanetary launch contract for Mars mission

By Joey Roulette and Steve Gorman WASHINGTON (Reuters) – Blue Origin, the private space company founded by billionaire Jeff Bezos, was awarded its first interplanetary NASA contract on Thursday to launch a mission next year to study the magnetic field around Mars, the U.S. space agency and company said. Plans call for Blue Origin’s recently …

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