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US government layoffs could be in the thousands, White House says

WASHINGTON (Reuters) -U.S. government layoffs could be in the thousands, White House spokeswoman Karoline Leavitt said on Thursday as the federal government began the second day of a shutdown. (Reporting by Doina Chiacu; Editing by Caitlin Webber) Brought to you ...
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Exclusive-China’s banks lend to Saudi gas project while its funds sit out of BlackRock-led deal, sources say

By Hadeel Al Sayegh DUBAI (Reuters) -China’s biggest state banks are lending billions to Aramco’s Jafurah gas project, though its funds have passed on the opportunity to invest in the venture, three people familiar with the matter said. Chinese banks provided ...
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Brazil confident Senate will back taxing the wealthy to offset middle-class exemptions

By Marcela Ayres and Isabel Teles BRASILIA/SAO PAULO (Reuters) -Brazil’s government said it was confident the Senate would pass a bill expanding income tax exemptions for the middle class, after the measure cleared the Lower House late Wednesday. The proposal, a ...
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Tesla reports surprise increase in car sales in the third quarter

NEW YORK (AP) — Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. ...
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DoorDash finalizes its $3.9 billion acquisition of UK’s Deliveroo

WASHINGTON (AP) — DoorDash has finalized its acquisition of the U.K. food delivery company Deliveroo, saying Thursday that the boards of both companies approved the nearly $4 billion deal announced earlier this year. Word of DoorDash’s interest in Deliveroo began ...
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US to support soybean farmers amid China lag, expect news Tuesday, Bessent says

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said on Thursday the federal government would support American farmers in light of China’s refusal to buy soybeans and that an announcement would be made on Tuesday. American farmers overwhelmingly voted for President ...
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Rivian tops quarterly delivery estimates as sales jump before tax credit expiry

(Reuters) -Rivian Automotive reported a nearly 32% surge in third-quarter deliveries, beating analysts’ estimates, as more U.S. car buyers rushed to secure tax credits before their expiry by purchasing new electric vehicles. Despite the jump in deliveries, the EV industry ...
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Exclusive-Armani approached potential buyers over stake sale, sources say

By Amy-Jo Crowley, Dominique Patton and Mathieu Rosemain LONDON (Reuters) -Armani representatives have made informal approaches to some potential buyers for a minority stake in the renowned Italian fashion group, three sources with knowledge of the situation told Reuters, effectively ...
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Mini-meditations are a way to foster peace of mind at work

NEW YORK (AP) — The idea of meditating can be intimidating. Beginners may imagine sitting uncomfortably in silence while breathing deeply and scrubbing all thoughts from their minds. The prospect of trying those techniques at work may feel embarrassing. But ...
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Eric Trump signs up as client with Citigroup, Bloomberg News reports

(Reuters) -Eric Trump, U.S President Donald Trump’s son, has signed up as a client of Citigroup and established a trust that holds some of his father’s money, Bloomberg News reported on Thursday, citing people with direct knowledge of the ...
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Trump to discuss agency cuts with OMB’s Vought on Thursday

(Reuters) -U.S. President Donald Trump said he will meet with Office of Management and Budget Director Russell Vought on Thursday to determine which “Democrat Agencies” to cut and whether those reductions will be temporary or permanent. “I can’t believe the ...
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US unemployment rate likely steady at 4.3% in September, Chicago Fed says

(Reuters) -The U.S. unemployment rate likely was 4.3% in September, unchanged from August, according to a new “real-time” estimate from the Federal Reserve Bank of Chicago published on Thursday. It was only the second time the regional Fed bank has ...
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