New York lawmakers weigh clean fuel standard as legislative session ends

By Laura Sanicola (Reuters) – New York lawmakers are considering legislation on Friday that would create the first market for low-carbon fuels on the U.S. East Coast in order to help the state reach its decarbonization goals. The legislation, modeled off of California’s Low Carbon Fuel Standard, aims to reduce carbon intensity from the on-road…

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Apple, Amazon must face consumer lawsuit over iPhone, iPad prices – US judge

By Mike Scarcella (Reuters) – Apple and Amazon.com must face a consumer antitrust lawsuit in U.S. court accusing them of conspiring to artificially inflate the price of iPhones and iPads sold on Amazon’s platform, a federal judge in Seattle ruled on Thursday. In his ruling, U.S. District Judge John Coughenour rejected bids from Apple and…

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Sudan factions agree day’s truce designed to ‘break cycle of violence’

DUBAI (Reuters) -Sudan’s warring sides have agreed a nationwide, 24-hour ceasefire from Saturday morning, U.S. and Saudi Arabian mediators said, following a week of intensified fighting after a previous truce deal lapsed. The mediators said the ceasefire was “an effort to break the cycle of violence” between Sudan’s army and the paramilitary Rapid Support Forces…

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US minority-owned banks withstand industry turmoil, executives say

By Nupur Anand NEW YORK (Reuters) – Minority-owned banks in the U.S. have stayed resilient during this year’s industry turmoil thanks in part to government and industry support, despite concerns that they would struggle to survive, executives said. Minority depository institutions, or MDIs, “have emerged stronger now coming out of the pandemic and the recent…

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