U.S. FTC Rejects Amazon Bid To Quash Bezos, Jassy Testimony

U.S. FTC Rejects Amazon Bid To Quash Bezos, Jassy Testimony

WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Wednesday rejected a bid by Amazon.com Inc to quash demands that both Chief Executive Andy Jassy and Executive Chairman Jeff Bezos testify at an investigative hearing. Last month, Amazon questioned what it called the agency’s “burdensome” requests in its investigation of the sign-up and cancellation processes…

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Lennar Beats Quarterly Profit Estimates On Strong Demand For Homes

Lennar Beats Quarterly Profit Estimates On Strong Demand For Homes

(Reuters) -Homebuilder Lennar Corp on Wednesday reported a better-than-expected profit in the third quarter, benefiting from record-high property prices as demand far outpaced supply that was crippled by raw material and labor shortages. While homebuilders have been enjoying steeper prices for a while, the U.S. Federal Reserve’s decision to continue raising interest rates to clamp…

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Gates Foundation prods UN, honors inspiration as Goalkeepers

NEW YORK (AP) — Bill Gates and Melinda French Gates combined characteristic optimism with sobering questions about persistent gender inequality and hunger at an event focused on reaching global development goals that the Gateses’ foundation convened on the sidelines of the U.N. General Assembly. Bill Gates again made the case for investments in agricultural technologies…

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Exclusive-U.S. EPA To Consider Tougher Emissions Rules For Heavy Trucks

Exclusive-U.S. EPA To Consider Tougher Emissions Rules For Heavy Trucks

By David Shepardson WASHINGTON (Reuters) -The U.S. Environmental Protection Agency (EPA) will consider adopting more stringent greenhouse gas emissions rules for heavy trucks after Congress passed new incentives to speed the adoption of zero-emission vehicles, the agency told Reuters. In March, the EPA proposed new rules to cut smog-forming and greenhouse gas (GHG) emissions from…

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