US nuclear regulator inspects ground settling at Ohio plant

WASHINGTON (Reuters) – U.S. nuclear regulator said on Tuesday it has launched an inspection to examine ground settling at various places around Energy Harbor Corp’s Davis-Besse nuclear power plant in Ohio. The Nuclear Regulatory Commission said in release it determined a “special inspection” was necessary after learning that a failure in October 2022 of a…

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Cargill needs months to fully cut out US firm fined for child labor

By Tom Polansek CHICAGO (Reuters) -Cargill Inc will need months to fully sever ties with a U.S. company fined for hiring kids to do dangerous work cleaning meat plants, the head of the meatpacker’s North American protein business said on Tuesday. The timeline shows the challenges of quickly finding and implementing replacements for Packers Sanitation…

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US, EU, Latin American countries meet to encourage Venezuela elections

By Luis Jaime Acosta and Oliver Griffin BOGOTA (Reuters) -A summit meant to reinvigorate talks between the Venezuelan government of Nicolas Maduro and opposition political parties, attended by representatives from 19 countries and the European Union, produced no concrete results on Tuesday, though a further meeting was planned. The meeting in Bogota, hosted by Colombian…

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Chrysler-parent Stellantis looks to trim around 3,500 hourly U.S. jobs – union letter

By David Shepardson WASHINGTON (Reuters) – Chrysler-parent Stellantis NV wants to cut approximately 3,500 hourly U.S. jobs and is offering voluntary exit packages, according to a United Auto Workers union letter made public Tuesday. The automaker is looking to reduce its hourly workforce offering incentive packages that include $50,000 payments for workers hired before 2007,…

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Wall Street sinks as weak earnings fan fears of economic slowdown

By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – Wall Street’s major averages suffered their deepest declines so far this month as a downbeat UPS forecast exacerbated investor concerns about a slowing U.S. economy on Tuesday while plunging deposits at regional First Republic Bank added to jitters about the bank sector’s health. Shares in…

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How North Carolina students view the lawsuit threatening affirmative action

By Gabriella Borter CHAPEL HILL, North Carolina (Reuters) – In a bustling sunken courtyard at the center of the University of North Carolina’s Chapel Hill campus, a group of students handed out slips of papers with a warning for their peers. “Is diversity at UNC important to you? It’s under threat,” the handouts read. The…

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Chipotle Mexican Grill earnings beat on price hikes, new stores

By Hilary Russ and Granth Vanaik (Reuters) -Chipotle Mexican Grill Inc topped Wall Street expectations for first-quarter profits and sales on Tuesday, helped by higher menu prices, 41 new restaurant openings and some recovery among lower-income customers. The company said it expects second quarter and full year comparable sales growth in the mid-to-high single digits….

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Top US banks face little investor pressure on fossil-fuel financing

By Ross Kerber (Reuters) -Top U.S. bank investors gave only slim support on Tuesday to shareholder resolutions calling for the lenders to wind down new fossil fuel financing, setbacks for climate activists who had hoped for new constraints on the oil and gas industries. The resolutions won only about 10% support of votes cast at…

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