Author: usaeverydaylife

A customer drinks a glass of beer at the Saxton Pub in Austin, Texas, April 5, 2023.Brandon Bell | Getty ImagesThe U.S. surgeon general issued a new advisory warning Friday about the link between alcohol consumption and increased cancer risk, and pushed for policy changes to help reduce the number of alcohol-related cancers.U.S. Surgeon General Dr. Vivek Murthy said there is a “well-established” link between drinking alcohol and at least seven types of cancer, including breast, colorectum, esophagus and liver. For cancers including breast, mouth and throat cancers, increased risk may start around one or fewer drinks per day, according…

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Syria’s new leaders met the French and German foreign ministers in the capital, Damascus, on Friday in one of the highest-level Western diplomatic visits since the fall of President Bashar al-Assad last month.Annalena Baerbock of Germany and her French counterpart, Jean-Noël Barrot, arrived in Damascus for the first such trip in years on behalf on the European Union, as world powers have begun building ties with Hayat Tahrir al-Sham, the Islamist group that leads the new Syrian government.Ms. Baerbock and Mr. Barrot met with Ahmad al-Shara, the group’s leader. Earlier in the day they visited the notorious Sednaya prison, where…

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Rivian electric vehicles (EV) are parked at the Rivian Venice Hub on November 13, 2024 in Venice, California. Mario Tama | Getty ImagesRivian Automotive’s 2024 vehicle production and deliveries were in line with the company’s previously announced expectations.The electric vehicle maker on Friday said it produced 49,476 vehicles last year, including 12,727 trucks and vans during the fourth quarter, and delivered 51,579 vehicles, including 14,183 models during the last three months of the year.Rivian in October lowered its 2024 production target to a range of 47,000 to 49,000 vehicles – down from 57,000 units. The company had expected deliveries of between…

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A dramatic sell-off has opened up attractive entry points for shares of PulteGroup , according to Wedbush. The investment firm upgraded shares of the home construction stock to outperform from neutral. Wedbush’s 12-month price target of $135 is around 25% higher than where shares closed Thursday. Since hitting an all-time high of $149.47 on Oct. 18, shares of Pulte have retreated by 27%. In contrast, the S & P 500 has gained 2% over that time. Analyst Jay McCanless said the stock’s sell-off “appears overdone.” “In addition to Pulte’s favorable customer mix, consistent buyback, and pristine balance sheet, we also…

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My top 10 things to watch Friday, Jan. 3 1. China’s central bank is signaling that it will cut interest rates at some point this year, according to a report in The Financial Times . When will it matter to the economy? The People’s Bank of China also is planning a shift toward more orthodox monetary policy in 2025. I don’t think it matters. 2. Tesla’s shipments from its Shanghai factory declined 3% on annual basis in 2024, to 916,660. That’s the first year-over-year drop since full-scale production began there in 2020. Its annual global deliveries also fell . Meanwhile, Canaccord…

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Flow regulator valves at a natural gas measuring station in Moldova.Bloomberg | Bloomberg | Getty ImagesMoldova’s breakaway region of Transnistria has been thrust into a profound energy crisis following the termination of a five-year gas transit agreement between Russia and Ukraine.Hundreds of thousands of people in the mainly Russian-speaking territory of Transnistria are left facing the remaining winter months without heating or power after Ukraine halted the flow of Russian gas to several European countries on New Year’s Day.The widely expected stoppage, which was confirmed by Russia’s state-owned energy giant Gazprom on Wednesday, marked an end to Moscow’s decades-long dominance…

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JetBlue Airways aircraft are pictured at departure gates at John F. Kennedy International Airport in New York on June 15, 2013.Fred Prouser | ReutersThe Department of Transportation fined JetBlue Airways $2 million for “chronically delayed flights,” the first penalty of its kind, the DOT said Friday.JetBlue operated four routes that were delayed at least 145 times between June 2022 through November 2023, the DOT said. Those were between JetBlue’s home hub at John F. Kennedy International Airport and Raleigh-Durham International Airport in North Carolina; and between Fort Lauderdale, Florida, and Orlando, JFK and Windsor Locks, Conn.  “Today’s action puts the entire…

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A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024.Justin Merriman | Bloomberg | Getty ImagesPresident Joe Biden on Friday officially blocked the takeover of U.S. Steel by Japan’s Nippon Steel, making good on his promise to keep an industrial name that is more than a century old under domestic ownership.Biden said the proposed $14.9 billion acquisition by Nippon would place one of the largest steel producers in the U.S. under foreign control, creating a risk for the nation’s critical supply chains. “Today’s action reflects my unflinching commitment to utilize…

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Check out the companies making headlines before the bell. U.S. Steel — U.S. Steel shares slid nearly 8% after President Joe Biden blocked Japanese company Nippon Steel’s $14.9 billion takeover of U.S. Steel, saying : “U.S. Steel will remain a proud American company.” Biden said the domestic steel industry is a national security priority. Block — Shares of the fintech company moved nearly 3% higher after Raymond James upgraded the stock to outperform from market perform, saying Block is trading at an attractive valuation even after its recent run. According to the firm, Block’s seller gross payment volumes will be a catalyst…

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