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Merck prevails in US safety litigation over Gardasil HPV vaccine

By Jonathan Stempel (Reuters) -A federal judge ruled in favor of Merck in litigation accusing it of concealing the risks of Gardasil, a vaccine to prevent cervical and other cancers caused by the human papillomavirus and one of the drugmaker’s best-selling products. The decision made public on Tuesday by U.S. District Judge Kenneth Bell in …

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USDOT says Verizon not moving fast enough on $2.4 billion FAA contract

By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Sean Duffy said on Tuesday that Verizon is “not moving fast enough” in its $2.4 billion, 15-year telecom contract with the Federal Aviation Administration. Duffy, who plans to ask Congress for tens of billions of dollars to reform air traffic control, spoke after Elon Musk’s Starlink unit …

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Solar and storage accounted for 84% of new US power added in 2024, report says

(Reuters) – Solar and energy storage accounted for 84% of new electricity generation capacity added to the U.S. power grid last year, but the industry faces a challenging future with the new U.S. administration’s energy policies, a report published on Tuesday said. The country installed 50 gigawatts (GW) of new solar capacity in 2024, the …

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Kimmeridge eyes more Canada oil and gas activism amid trade war, underperformance

By David French HOUSTON (Reuters) – Kimmeridge Energy Management will pursue more activism among Canadian oil and gas producers, a senior executive told Reuters on Tuesday, as it targets underperforming companies and potential benefits emanating from the trade war with the United States. President Donald Trump has ratcheted up tariffs on his country’s northern neighbor, …

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Trump adviser says 50% tariffs on Canadian steel and aluminum won’t take effect Wednesday

(Reuters) – U.S. President Donald Trump’s trade adviser Peter Navarro said on Tuesday that an increased tariff of 50% on Canadian steel and aluminum will not take effect on Wednesday. Earlier in the day, Trump had ordered that an across-the-board tariff of 25% on all steel and aluminum imports that is slated to take effect …

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Regulator approves Cheniere Texas LNG plant expansion, says executive

By Curtis Williams HOUSTON (Reuters) -U.S. regulators have approved the expansion of Cheniere Energy’s Corpus Christi liquefied natural gas plant in Texas, a Cheniere executive said on Tuesday. The Federal Energy Regulatory Commission approved construction of the company’s Midscale trains 8 and 9 project, the company’s Chief Commercial Officer Anatol Feygin said at an industry …

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Alberta energy minister says proposed trade de-escalation options to US

By Timothy Gardner and Arathy Somasekhar HOUSTON (Reuters) – Alberta Energy Minister Brian Jean said on Tuesday he had provided the administration of U.S. President Donald Trump several options to de-escalate a trade war with Canada. He said his provincial government, which represents the bulk of Canada’s oil industry, respected Ontario’s decision this week to …

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Ex-Barclays CEO Staley insists he was ‘shocked’ by Epstein’s arrest

By Sam Tobin LONDON (Reuters) – Ex-Barclays boss Jes Staley on Tuesday insisted he was shocked by serial paedophile Jeffrey Epstein’s 2019 arrest for sex trafficking, though Britain’s Financial Conduct Authority (FCA) said that contradicted his evidence in a separate case. Staley began his second day in the witness box at his appeal against a …

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US job openings rise, layoffs low before Trump policy shifts

By Lucia Mutikani WASHINGTON (Reuters) -U.S. job openings increased in January, but demand for labor is likely to soften in the months ahead amid concerns that uncertainty over import tariffs and aggressive government spending cuts could cause a sharp slowdown in economic activity. For now, the labor market is holding steady, with the Job Openings …

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