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Google backs US gas power plant with carbon capture for Midwest data centers

By Laila Kearney NEW YORK (Reuters) -Google has entered into the first corporate agreement to buy electricity from a U.S. power plant using carbon capture and storage in a deal to help fuel its data centers in the country’s Midwest region, the technology company said ...
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Blackstone quarterly profit jumps 48% on private equity, credit strength

(Reuters) -Blackstone, the world’s largest alternative asset manager, reported a 48% rise in third-quarter profit on Thursday, driven by strong gains in its credit and private equity businesses. Distributable earnings, or cash that can be used to pay dividends to shareholders, jumped to $1.89 billion, ...
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Wall Street futures subdued after Tesla, IBM results

(Reuters) -Futures tracking Wall Street’s main indexes paused on Thursday as lackluster quarterly updates from Tesla and IBM weighed on sentiment, while simmering U.S.-China trade tensions kept investors on the edge. Tesla shares were down 3.3% in premarket trading, after its third-quarter profit fell short ...
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American Airlines raises 2025 profit outlook on strong premium demand, pricing gains

(Reuters) -American Airlines upgraded its 2025 profit forecast on Thursday, supported by robust demand for high-margin premium services and an improvement in pricing power on domestic routes. The carrier now expects full-year adjusted profit per share in the range of 65 cents to 95 cents, ...
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What could supply chain snags in the auto industry mean for car buyers?

(NEW YORK) -- Car buyers may face elevated prices and a shortage of some vehicles due to a supply chain snarled by tariffs and challenges accessing crucial materials, some industry experts told ABC News.A shortage of aluminum halted production at plants operated by Jeep ...
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Health care compromise appears far off as the government shutdown stalemate persists

WASHINGTON (AP) — The government shutdown has reopened debate on what has been a central issue for both major political parties in the last 15 years: the future of health coverage under the Affordable Care Act. Tax credits for people who get health insurance ...
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BUSINESS HEADLINES

Money-losing companies with colorful histories have pivoted to crypto So far this year, billions of dollars have flowed into companies that have reinvented themselves by making the buying and holding of cryptocurrency their main focus. More than 200 public companies have announced plans to hold ...
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Dollar edges up ahead of CPI, trade news; yen slips

By Kevin Buckland TOKYO (Reuters) -The dollar drifted higher against its major peers on Thursday as traders waited on the delayed release of U.S. consumer inflation data on Friday, while digesting tariff threats between Washington and Beijing. The yen weakened to a one-week low against the ...
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Oil prices extend gains as US sanctions Russia’s Rosneft, Lukoil

By Katya Golubkova TOKYO (Reuters) -Oil prices rose by more than $1 per barrel on Thursday, extending gains from the previous session, after the United States imposed sanctions on Russian oil companies Rosneft and Lukoil over the Ukraine war. Brent crude futures were up by $1.76, ...
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BHP flags ‘difficult decisions’ ahead for Australian metallurgical coal business

MELBOURNE (Reuters) -BHP Group said on Thursday it would be forced to take ‘difficult decisions’ for its metallurgical coal business in Australia if there were no regulatory changes to support it. “Without change, there’s without doubt going to be more difficult decisions that are going ...
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Kinder Morgan posts higher third-quarter profit on stronger natural gas demand

By Sumit Saha (Reuters) -U.S. pipeline operator Kinder Morgan posted a rise in third-quarter profit on Wednesday, helped by higher volumes of natural gas transported through its pipelines. The U.S. LNG sector is witnessing a resurgence in commercial activity driven by expectations of rising exports as ...
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Williams pumps $1.9 billion into Woodside’s Louisiana LNG venture

(Reuters) -U.S.-based Williams will spend $1.9 billion on the development of LNG facilities and a pipeline for Australian gas producer Woodside Energy’s $17.5 billion liquefied natural gas project in Louisiana, the companies said. The pipeline operator will take up a 10% stake in ...
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