Author: Jon Mitchell
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Gazan’s joy tempered by shock
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CAIRO – As thousands of Gazans began picking through the ruins of their shattered homes on Friday after a ceasefire deal, the excitement of return was quickly tempered by shock at the depth of the destruction and anxiety over the hardships ahead. The announcement that the U.S.-brokered accord had gone into effect sent thousands of…
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Tesla rolls out lower-cost Model Y Standard variant
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STOCKHOLM – Tesla launched the new, lower-priced standard version of its best-selling Model Y SUV in Europe on Friday, aiming to reinvigorate demand in a market that has weakened sharply over the past year. The new Model Y Standard, unveiled this past week, marks Tesla’s latest push to boost demand in the region, where sales…
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Israel, Hamas sign Gaza ceasefire
JERUSALEM – Israel and the Palestinian militant group Hamas signed an agreement on Thursday to cease fire and free Israeli hostages in exchange for Palestinian prisoners, in the first phase of U.S. President Donald Trump’s initiative to end the two-year war in Gaza that has upended the Middle East. Israelis and Palestinians alike rejoiced after the…
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PepsiCo, fresh off strong third quarter, says new products will boost customer demand
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PepsiCo expressed confidence Thursday that new products — including protein-infused Starbucks coffee, low-sugar Gatorade and Doritos with all-natural ingredients — will boost flagging consumer demand in the coming year. Rapidly changing consumer preferences have dogged the maker of Frito-Lay snacks and Pepsi beverages. PepsiCo said Thursday that its food business revenue fell 3% in North America in…
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Authorities charge man with sparking deadly January wildfire in L.A.
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LOS ANGELES — A 29-year-old man has been charged with sparking California’s deadly Palisades fire, one of the most destructive wildfires in its history, authorities said Wednesday. Federal officials said Jonathan Rinderknecht, who lived in the area, started a small fire on New Year’s Day that smoldered underground before reigniting nearly a week later and roaring through…
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Zelensky: Ukraine inflicts frontline losses on Russian forces in Donetsk
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President Volodymyr Zelensky said on Wednesday that Ukrainian forces were inflicting heavy losses in a counteroffensive in eastern Donetsk region, the main theatre of the more than 3-1/2 years of war in Ukraine. Zelensky’s account, based on a report by Ukraine’s top commander, contrasted with Kremlin leader Vladimir Putin’s address to senior Russian officers a…
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Meme stock resurgence prompts return of central meme investment fund
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NEW YORK — A resurgence of meme stock interest has prompted the return of a one-stop fund for the volatile and quirky investments. Roundhill Investments is launching a meme ETF, which is an exchange-traded fund consisting solely of meme stocks. Several of those stocks have ridden a wave of meme investment sentiment this year. The move comes two…
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Tesla offers cheaper versions of 2 electric vehicles in bid to win back market share
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NEW YORK — Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales but investors dumped its stock anyway. The new Model Y, costing just under $40,000 with a stripped-down interior, comes in a brutal year for Tesla as it tries…
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Sources: Hegseth okays U.S. Navy next-generation fighter
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WASHINGTON – After months of delay, the Pentagon will select as soon as this week the defense company to design and build the Navy’s next stealth fighter, a U.S. official and two people familiar with the decision said, in what will be a multibillion-dollar effort for a jet seen as central to U.S. efforts to…
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