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[1/2] U.S. President Joe Biden speaks at a dinner hosted by the Human Rights Campaign at the Washington Convention Center in Washington, U.S., October 14, 2023. That good-news approach is not working, some officials inside and outside the Biden campaign say. The latest Reuters/Ispsos poll showed Biden and Trump locked in a tight race, with Trump leading Biden 51% to 49% when respondents were asked to pick between the two. "I don't fault the (Biden) campaign at all, for not wanting to get into the mud, the blood and the beer. Because you want to seem presidential," Morgan said, referring to the time it has taken the Biden campaign to step up its attacks on Trump.
Persons: Joe Biden, Ken Cedeno, Donald Trump, Biden, Trump, Ron DeSantis, Donna Brazile, Julie Chavez Rodriguez, Joe Biden's, it's, Jason Miller, it's Joe Biden, John Morgan, Morgan, Nandita Bose, Trevor Hunnicutt, Heather Timmons, Kieran Murray, Deepa Babington Organizations: Human, Washington Convention Center, REUTERS, Rights, Republican, Trump, New York Times, Biden, White, Muslim, Democratic, Reuters, Thomson Locations: Washington , U.S, Nazi Germany, America, Siena, U.S, Gaza, Florida
A man walks within the premises of Al Shifa hospital during the Israeli ground operation around the hospital, in Gaza City November 12, 2023. Ahmed El Mokhallalati/via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Nov 16 (Reuters) - The United States will not share any Israeli intelligence or elaborate on its own intelligence assessment that Hamas used Gaza's Al Shifa hospital as a command center and possibly as a storage facility, White House spokesman John Kirby said on Thursday. The United States is confident in an assessment from its own intelligence agencies on Hamas activities in the Gaza facility, Kirby said. Israeli troops entered Al Shifa hospital on Wednesday after an aerial bombardment and ground operation targeting Hamas militants whom Israeli officials say killed 1,200 people in a cross-border attack from Gaza on Oct. 7. "We have our own intelligence that convinces us that Hamas was using al Shifa as a command and control node, and most likely as well as a storage facility.
Persons: Ahmed El Mokhallalati, Al Shifa, John Kirby, Kirby, Biden, I'm, Doina Chiacu, Nandita Bose, Jonathan Landay, Jonathan Oatis, Heather Timmons, Sandra Maler Organizations: Rights, Wall Street Journal, Thomson Locations: Al Shifa, Gaza City, United States, Gaza
A man walks within the premises of Al Shifa hospital during the Israeli ground operation around the hospital, in Gaza City November 12, 2023. Ahmed El Mokhallalati/via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Nov 16 (Reuters) - The United States will not share any Israeli intelligence or elaborate on its own intelligence assessment that Hamas used Gaza's Al Shifa hospital as a command center and possibly as a storage facility, White House spokesman John Kirby said on Thursday. The United States is confident in an assessment from its own intelligence agencies on Hamas activities in the Gaza facility, Kirby said. Israeli troops entered Al Shifa hospital on Wednesday after an aerial bombardment and ground operation targeting Hamas militants whom Israeli officials say killed 1,200 people in a cross-border attack from Gaza on Oct. 7. "We have our own intelligence that convinces us that Hamas was using al Shifa as a command and control node, and most likely as well as a storage facility.
Persons: Ahmed El Mokhallalati, Al Shifa, John Kirby, Kirby, Biden, I'm, Doina Chiacu, Nandita Bose, Jonathan Landay, Jonathan Oatis, Heather Timmons, Sandra Maler Organizations: Rights, Wall Street Journal, Thomson Locations: Al Shifa, Gaza City, United States, Gaza
"We will continue working to better facilitate high-standard trade that advances workers' rights through strong enforcement of labor standards." Biden was also to take part on Thursday in an event for the Indo-Pacific Economic Framework (IPEF), a 14-nation group his administration established. Hopes for an IPEF trade deal were dashed this week. Asked how long an IPEF trade agreement could take to conclude, an administration official said most negotiations take years but the White House intended to work on an "accelerated timeline." "A stable relationship between the world's two largest economies is not merely good for those two economies but for the world," Biden said to applause.
Persons: Joe Biden, Biden, White, Donald Trump, Republican Trump, Fumio Kishida, Xi Jinping, Justin Trudeau, Anthony Albanese, Dina Boluarte, Srettha Thavisin, Hassanal, Gina Raimondo, Xi, Trevor Hunnicutt, David Brunnstrom, Nandita Bose, Katharine Jackson, Andrea Shalal, Heather Timmons, Josie Kao, Cynthia Osterman Organizations: FRANCISCO, Asia, Economic Cooperation, Economic, Democrat, Republican, APEC, IMF, Amazon.com, Delta Air Lines, PepsiCo, Apple, Boeing, Japan's, Canada's, Australia's, Brunei's, Monetary Fund, . Commerce, Trans, Pacific, Trump, U.S, Thomson Locations: Pacific, San Francisco, Asia, ASIA, U.S, Thailand, China, United States
SAN FRANCISCO, Nov 16 (Reuters) - President Joe Biden will highlight strong U.S. ties to the Asia Pacific Economic Cooperation (APEC) forum economies on Thursday, despite a failure to make progress on key trade provisions sought by regional countries. Biden will also take part in an event with the 14-member Indo-Pacific Economic Framework (IPEF) that his administration established to bolster economic engagement after former President Donald Trump quit a long-negotiated regional trade pact in 2017. U.S. hopes for an IPEF trade deal were dashed this week, after members could not agree on improving labor and environmental standards or compliance, people briefed on the talks said. U.S. exports to the region have grown 12%, 60% of U.S. exports are sent to a fellow APEC economy, and APEC members have invested $1.7 trillion into the U.S. economy since 2016, the official said. Biden plans to emphasize his administration's efforts to advance workers' rights in remarks on Thursday, the U.S. official said.
Persons: Joe Biden, Biden, Xi Jinping, Donald Trump, Gina Raimondo, Xi, David Brunnstrom, Nandita Bose, Katharine Jackson, Doina, Heather Timmons, Josie Kao Organizations: FRANCISCO, Asia Pacific Economic Cooperation, APEC, Economic, . Commerce, U.S, Thomson Locations: San Francisco, U.S, Japan, Vietnam, Singapore, China, United States
Some 50% of Biden supporters in the poll described their vote as being "against Donald Trump and his policies," compared to 38% who said they would be voting "to support Joe Biden and his policies." Twelve percent of Biden's supporters said they were unsure which reason better explained their pick. Among Trump's supporters, 40% said they would be voting against Biden and 42% said they would vote for Trump to support the Republican and his policies. The new Reuters/Ipsos poll showed significant support for independent candidate Robert F. Kennedy Jr, an anti-vaccine activist and scion of a storied political family. In a hypothetical three-way contest, 30% of poll respondents picked Biden, 32% picked Trump and 20% selected Kennedy.
Persons: Joe Biden, Jonathan Ernst, Donald Trump, Biden, Trump, Republican Trump, Biden's, Michael Ceraso, Barack Obama's, Jesse Ferguson, Democratic Hillary Clinton's, Robert F, Kennedy Jr, Kennedy, Jason Lange, James Oliphant, Nandita Bose, Scott Malone, Daniel Wallis Organizations: REUTERS, Rights, Democratic, Reuters, Republican, Biden, Trump, Democrats, U.S ., Thomson Locations: Tioga, Philadelphia , Pennsylvania, U.S, Georgia, North Carolina
The company says it rents its 190 luxury tour buses to musicians like Drake, Doja Cat, and Olivia Rodrigo. You'll definitely recognize some of Dreamliner's clientsThe company's CEO says Doja Cat, Travis Scott, and Tool are currently on tour using Dreamliner's buses. In 2020, founder Rich Thomson purchased 12 tour buses from an individual who needed to get out of a personal guarantee. Dreamliner Luxury CoachesDreamliner's rendering shows a hotel room on wheels that looks just like a traditional bedroom. Dreamliner Luxury CoachesDreamliner's CEO says these post-conversion coaches are worth $1.5 million to $2 million each.
Persons: Drake, Doja, Olivia Rodrigo, , you've, Dreamliner, Doja Cat, Travis Scott, Rich Thomson, Kenny Chesney, Chris Stapleton —, Jeremy Maul, he's, Maul, Taylor Swift's, Michael Jordan, Zach Bryans, Thomson, Taylor, Dreamliner's, Hemphill, there's, Justin Timberlake Organizations: Service, Jet, Greyhound, Coaches, NBA, NFL, Brothers Coach Company Locations: The Nashville , Tennessee, Dreamliner, Dreamliner's, Nashville, Fontana , California
U.S. President Joe Biden delivers remarks on the White House initiative on climate change, at the White House in Washington, November 14, 2023. REUTERS/Tom Brenner Acquire Licensing RightsSAN FRANCISCO, Nov 14 (Reuters) - U.S. President Joe Biden on Tuesday attacked former President Donald Trump for using the word "vermin" to refer to his political enemies, saying it echoed the language of Nazi Germany. Biden said Trump's comments echoed language heard in Nazi Germany in the 1930's. "Trump also recently talked about quote, 'the blood of America is being poisoned'... Again, echoes the same phrases used in Nazi Germany." Steven Cheung, a Trump campaign spokesman, has previously rejected the comparisons to Nazis, Hitler and Italy's Mussolini.
Persons: Joe Biden, Tom Brenner, Donald Trump, Trump, Biden, Trump's, he's, autocrats, Steven Cheung, Hitler, Italy's Mussolini, Cheung, Trevor Hunnicutt, Nandita Bose, Raju Gopalakrishnan Organizations: White, REUTERS, FRANCISCO, Tuesday, Republican, Trump, Thomson Locations: Washington, Nazi Germany, New Hampshire, America, San Francisco
[1/2] Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Ammann did not disclose how much Exxon intends to invest in the lithium business, or when it might become profitable. Exxon plans to begin production with partner Tetra Technologies, Reuters exclusively reported on Saturday. It will produce the metal onsite and sell it under the brand name Mobil Lithium, the company said on Monday. Exxon is focusing on lithium production to be used not only in EVs but also consumer electronics and energy storage systems that can hold electricity generated from intermittent solar and wind power.
Persons: Dado Ruvic, Dan Ammann, Ammann, Sabrina Valle, Sourasis Bose, Maju Samuel, Bernadette Baum Organizations: Exxon Mobil, REUTERS, Companies, Exxon, Tetra Technologies HOUSTON, Exxon's, Imperial, Tetra Technologies, Reuters, Mobil, BP, Shell, Deloitte, Thomson Locations: China, United States, Europe, Arkansas, U.S, Alberta, Canada, Houston, Bengaluru
U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsWASHINGTON, Nov 13 (Reuters) - The White House said on Monday President Joe Biden and Chinese President Xi Jinping will discuss strengthening communication and managing competition when they meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit this week. Biden and Xi have known each other for more than a decade and have shared hours of conversation over six interactions since Biden's 2021 inauguration. However, they have met only once in person since then and Xi has not visited the United States since 2017. Sullivan said that at APEC Biden would put forward his economic vision for the region and speak about "how the United States is the preeminent driver of inclusive, sustainable economic growth in the Asia Pacific."
Persons: Joe Biden, Xi Jinping, Kevin Lamarque, President Joe Biden, Xi, Jake Sullivan, Biden, Sullivan, Nancy Pelosi, we've, Matt Murray, Steve Holland, Nandita Bose, David Brunnstrom, Alistair Bell Organizations: REUTERS, Rights, President, Economic Cooperation, San Francisco Bay Area, Biden, House, U.S ., United, U.S, APEC, Wednesday, APEC Biden, Thomson Locations: Bali , Indonesia, Asia, San Francisco Bay, U.S, People's Republic of China, United States, Washington, China, Taiwan, San Francisco, Israel, Ukraine, North, Russia, Beijing, Iran, East
By Steve Holland and Nandita BoseWASHINGTON (Reuters) -The White House said on Monday President Joe Biden and Chinese President Xi Jinping will discuss strengthening communication and managing competition when they meet at the Asia-Pacific Economic Cooperation (APEC) summit in the San Francisco Bay area on Nov. 15. Biden believes there is no substitute for face-to-face diplomacy to manage this complex relationship, White House national security adviser Jake Sullivan told reporters. That's how we clear up misperceptions and avoid surprises," Sullivan said, adding Biden "comes into this summit on a solid footing." Sullivan also said the U.S. is looking for specific outcomes from the meeting on November 15, he said. (Reporting by Steve Holland and Nandita Bose in Washington; Editing by Chris Reese and Alistair Bell)
Persons: Steve Holland, Nandita Bose WASHINGTON, President Joe Biden, Xi Jinping, Biden, Jake Sullivan, Sullivan, Nandita Bose, Chris Reese, Alistair Bell Organizations: President, Economic Cooperation, White House, U.S ., Biden Locations: Asia, San Francisco Bay, U.S, Israel, Ukraine, North, Russia, Taiwan, Washington
View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. The disruption was caused by an "illegal blockade" of small boats at the mine's Punta Rincon port, the company said in a statement. The protests began after the Panamanian government and First Quantum signed a new contract on Oct. 20 for Cobre Panama, which contributes 1% to global copper production and 5% to Panama's gross domestic product. The demonstrators say the new terms are too generous to First Quantum and allege corrupt practices in its approval. A reduction of ore processing could potentially impact about 2% of Panama's national workforce, the company said, adding that two ore processing trains remain operational.
Persons: Sourasis Bose, Valentine Hilaire, Sriraj Kalluvila, Rosalba O'Brien Organizations: Minerals, REUTERS, Aris, Cobre, Reuters, Thomson Locations: Panama, Donoso, Rincon, Panamanian, Cobre Panama, Bengaluru, Mexico City
Other companies's product pages are cluttered with a mix of ads and product recommendations from competitors or sometimes irrelevant brands. The latest Apple product pages on Amazon have none of this extra marketing. In contrast, Amazon search results for other brands, such as Samsung and Sony, show at least two or three sponsored ads from rivals. At the time, Apple also asked Amazon to make its product pages clean, without any non-Apple product recommendations. By providing "accurate, relevant and qualitative content on Apple Product pages," Apple has been able to address much of the counterfeit issues on Amazon, the iPhone maker said.
Persons: Jeff Bezos, Apple, Jeff Wilke, Kaziukenas, Amazon's, Wilke, Bose, it's, I'm, , Bezos, Amazon Organizations: Amazon, Federal Trade Commission, Samsung Galaxy, Microsoft, Samsung, Apple, Sony, House, Committee, LG, Galaxy, FTC, Adidas
Nov 9 (Reuters) - Utility firm Hawaiian Electric (HE.N) said on Thursday it would be unable to submit its quarterly filing with the U.S. securities regulator on time, due to its expected contribution towards a fund to compensate victims of the deadly wildfires in Maui. Hawaii's governor Josh Green on Wednesday announced a $150 million fund that provides an option for families who have lost a loved one and those who were severely injured to receive substantial payments. Hawaiian Electric will contribute $75 million to the fund. The announcement of the initiative and the anticipated contribution require changes to the financial statements that lead to the delay, it said. Reporting by Sourasis Bose in Bengaluru; Editing by Shounak Dasgupta and Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
Persons: Josh Green, Sourasis Bose, Shounak Dasgupta, Krishna Chandra Organizations: Wednesday, Thomson Locations: Maui, Bengaluru
Similar to its tech giant peers Meta and Google, Amazon pulled back on hiring last year, including roles for Amazon Ads — one of its fastest-growing and highest-margin business units. Amazon Ads' career page currently lists 423 open roles, up from 29 open roles in January, according to an archived version of that page. An Amazon spokesperson said that the company has continued targeted hiring as well as hiring for backfilled roles. Amazon Advertising has huge growth ambitionsMany of the open roles include positions to support newer products and initiatives within Amazon Advertising. It now has 34 roles open for software development roles like engineers working on measurement, ad tech, and data science.
Persons: Meta, Bose, that's Organizations: Amazon, Google, Carnival Cruises, Variety Locations: New York City
White House spokesman John Kirby announced the pauses and the opening of two humanitarian corridors in northern Gaza to allow Palestinians to seek safety from Israel's military operations. The pauses emerged from discussions between U.S and Israeli officials in recent days, including talks Biden had with Netanyahu, Kirby told reporters. "We understand that Israel will begin to implement four-hour pauses in areas of northern Gaza each day, with an announcement to be made three hours beforehand," Kirby said. Palestinian Hamas gunmen killed 1,400 people and took 240 hostage during an Oct. 7 incursion into Israel, Israel has said. Israel is also opening two humanitarian corridors in northern Gaza, Kirby said.
Persons: Steve Holland, Doina, Nandita Bose WASHINGTON, Joe Biden, John Kirby, Biden, I've, Benjamin Netanyahu, It's, Netanyahu, Kirby, We've, Nandita Bose, Nick Macfie, Howard Goller Organizations: White, Israeli, CIA, Reuters, Islamic, Brigades, United Locations: Israel, Gaza, Gaza . Palestinian, Doha, United States
White House spokesman John Kirby announced the pauses and the opening of two humanitarian corridors in northern Gaza to allow Palestinians to seek safety from Israel's military operations. The pauses emerged from discussions between U.S and Israeli officials in recent days, including talks Biden had with Netanyahu, Kirby told reporters. "We understand that Israel will begin to implement four-hour pauses in areas of northern Gaza each day, with an announcement to be made three hours beforehand," Kirby said. Palestinian Hamas gunmen killed 1,400 people and took 240 hostage during an Oct. 7 incursion into Israel, Israel has said. Israel is also opening two humanitarian corridors in northern Gaza, Kirby said.
Persons: Joe Biden, John Kirby, Biden, I've, Benjamin Netanyahu, It's, Netanyahu, Kirby, Mohammed Salem, We've, Steve Holland, Nandita Bose, Doina, Nick Macfie, Howard Goller Organizations: White, Israeli, Hamas, REUTERS, CIA, Reuters, Islamic, Brigades, United, Thomson Locations: Israel, Gaza, Gaza . Palestinian, Palestinian, Doha, United States
Biden backs Tesla, Toyota unionization, slams Trump
  + stars: | 2023-11-09 | by ( Nandita Bose | ) www.reuters.com   time to read: +5 min
BELVIDERE, Illinois, Nov 9 (Reuters) - President Joe Biden on Thursday backed the United Auto Workers' efforts to unionize carmakers Tesla (TSLA.O) and Toyota (7203.T) and asked auto workers to reject his Republican opponent, Donald Trump. En route to the event, Biden told reporters that he “absolutely” supports the UAW's efforts to unionize Tesla and Toyota workers. Tesla did not immediately respond to a request for comment on the remark by Biden, who has backed UAW efforts in other speeches. Trump, the frontrunner for the Republican presidential nomination, visited a nonunion factory in Michigan in September while Biden joined a picket line with striking UAW workers, Biden reminded workers. MUSK'S ANTI-UNION STANCEBiden's comments may renew friction between the U.S. president and Tesla CEO Elon Musk, especially as the UAW seeks to organize Tesla workers.
Persons: Joe Biden, carmakers Tesla, Donald Trump, Biden, Shawn Fain, unionize Tesla, Tesla, Trump, Fain, Elon Musk, Musk, Biden sparred, UAW's Fain, Mark Burton, Gretchen Whitmer, Burton, Nandita Bose, Susan Heavey, David Shepardson, Sayantani Ghosh, Steve Holland, Heather Timmons, Ben Klayman, Matthew Lewis Organizations: United Auto Workers, Toyota, Republican, UAW, Democratic, Union, U.S, nonunion, GM, National Labor Relations Board, NLRB, Trump, Labor, Biden, General Motors, Ford, Dodge, Michigan, San, Thomson Locations: BELVIDERE , Illinois, Belvidere , Illinois, Belvidere ., Michigan, U.S, Georgetown , Kentucky, Tesla’s Fremont , California, Honigman, Washington, San Francisco
Lawmakers said they expect the Louisiana Republican to unveil a continuing resolution or "CR" to avert a partial government shutdown as late as Saturday. Johnson can afford to lose no more than four Republican votes from his slim 221-212 House majority on legislation opposed by Democrats. But he is under pressure from Republican hardliners to lumber any CR with spending cuts and policy riders Democrats uniformly reject. "If there's any kind of CR, there has to be spending reductions," Representative Chip Roy, a prominent conservative, told reporters. House Republicans are trying to pass a full slate of 12 appropriations bills for fiscal 2024, which began on Oct. 1.
Persons: Julia Nikhinson, Mike Johnson, Joe Biden, Biden, Chuck Schumer, Johnson, Chip Roy, Tom Cole, Cole, We've, Steve Womack, Republican centrists, Kevin McCarthy, McCarthy, It's, Ralph Norman, David Morgan, Nandita Bose, Susan Heavey, Scott Malone, David Gregorio, Mark Porter Organizations: U.S, Capitol, Congress, REUTERS, Rights, . House, White, Treasury, Lawmakers, Louisiana Republican, Democratic, Republican, House Republicans, Internal Revenue Service, District of, Food and Drug Administration, Amtrak, Biden, Republicans, Caucus, Thomson Locations: Washington , U.S, Louisiana, Washington, District of Columbia
A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls, Ontario, Canada, January 4, 2018 .Picture taken January 4, 2018. REUTERS/Chris Wattie/File Photo Acquire Licensing RightsNov 9 (Reuters) - Pot producer Canopy Growth (WEED.TO) reported a smaller second-quarter adjusted core loss on Thursday on the back of cost cuts. Canopy Growth said it cut another C$54 million in costs during the reported quarter. The company's adjusted core loss narrowed to C$11.9 million ($8.62 million) for the three months ended Sept. 30, compared with a loss of C$56.4 million a year earlier. Canopy Growth's net revenue fell 21% to C$69.6 million in the quarter as the company exited its retail Canadian business.
Persons: Chris Wattie, Judy Hong, Sourasis Bose, Shounak Dasgupta Organizations: REUTERS, U.S . Securities, Exchange, Holdings, Wana, Thomson Locations: Smiths Falls , Ontario, Canada, United States, Bengaluru
Corteva posts smaller quarterly loss on higher seed prices
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +1 min
The logo and trading info for Corteva Agriscience, a former division of DowDuPont, is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., June 3, 2019. REUTERS/Brendan McDermid Acquire Licensing RightsNov 8 (Reuters) - U.S. agricultural chemical and seed company Corteva (CTVA.N) on Wednesday reported a smaller third-quarter loss, helped by higher prices for its seeds. Corteva's third-quarter seed net sales rose to $878 million from $862 million a year earlier. However, sales volumes declined as a result of its exit from Russia and lower-than-expected corn planted area in Brazil. Corteva posted a net loss of $321 million, or 45 cents per share, in the quarter ended Sept. 30, compared with a loss of $331 million, or 46 cents per share, a year earlier.
Persons: Agriscience, Brendan McDermid, Corteva, Sourasis Bose, Shounak Dasgupta, Shilpi Majumdar, Rashmi Organizations: New York Stock Exchange, REUTERS, FMC Corp, Thomson Locations: DowDuPont, New York, U.S, Russia, Brazil, Indianapolis, South America, Bengaluru
Nov 7 (Reuters) - Democrats and abortion rights advocates notched a string of electoral victories on Tuesday, including in conservative Ohio and Kentucky, an early signal that reproductive rights remain a potent issue for Democrats ahead of the 2024 presidential race. In Ohio, a state that voted for Republican Donald Trump by 8 percentage points in the 2020 presidential election, voters approved a constitutional amendment guaranteeing abortion rights, Edison Research projected. He also ran on protecting abortion rights, though he is powerless to overturn the state's near-total ban. Last year, abortion rights advocacy groups scored a series of victories by placing abortion-related referendums on the ballot, including in conservative states. Anti-abortion forces campaigned against the Ohio amendment as too extreme, while abortion rights groups warned that rejecting it would pave the way for a stringent ban to take effect.
Persons: Republican Donald Trump, Roe, Wade, Glenn Youngkin's, Andy Beshear, Edison, Joe Biden's, Biden, Beshear, Daniel Cameron, Megan Jelinger, Youngkin, Trump, Tate Reeves, Brandon Presley, Elvis Presley, Presley, Reeves, Cameron, Joseph Ax, Jason Lange, Eric Beech, Nandita Bose, Costas Pitas, Gabriella Borter, Colleen Jenkins, Aurora Ellis, Deepa Babington, Lincoln Organizations: Republican, Edison Research, Democratic Legislative, Democratic, Trump, Democrats, Kentucky, REUTERS, Ohio, Senate, Republican Mississippi, Biden, Edison, Thomson Locations: Ohio, Kentucky, U.S ., Virginia, Columbus , Ohio, U.S, Arizona, Florida
The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. The oil and gas company reported a $1.18 a share profit compared to average Wall Street analyst forecasts for an 84 cent a share profit, according to LSEG. Its chemical and midstream unit earnings fell compared to a year ago. Midstream swung to a loss of $130 million from a $104 million profit. Its chemicals business profit fell to $373 million from $580 million a year ago.
Persons: Brendan McDermid, Warren Buffett's, Midstream, Sabrina Valle, Sourasis Bose, Krishna Chandra Eluri, Stephen Coates, Jamie Freed Organizations: Occidental Petroleum, New York Stock Exchange, REUTERS, Rights, Tuesday, Occidental, Berkshire Hathaway's, Anadarko Petroleum, BlackRock, Devon Energy, Thomson Locations: New York, U.S, Berkshire, Occidental, Texas, Devon, Houston, Bengaluru
Suncor tops profit estimates on strong refining margins
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +2 min
The Suncor Energy logo is seen at the company's head office in Calgary, Alberta, Canada, April 17, 2019. REUTERS/Chris Wattie/File Photo Acquire Licensing RightsNov 8 (Reuters) - Canada's Suncor Energy (SU.TO) beat market estimates for third-quarter profit on Wednesday, helped by strong refining margins and higher sales volumes from its oil sands operations. Refinery throughput declined marginally to 463,200 barrels per day (bpd) compared with a year earlier. Its net production of synthetic crude, a processed form of raw and heavy bitumen, rose to 469,300 bpd, compared with 405,100 bpd a year ago, due to lower maintenance activities. The company reported a net profit of C$1.54 billion, compared with a year-ago loss of C$609 million when it was hit by impairment charges.
Persons: Chris Wattie, Cenovus, Suncor, Mrinalika Roy, Sourasis Bose, Shilpi Majumdar Organizations: REUTERS, Energy, Thomson Locations: Calgary , Alberta, Canada, Saudi Arabia, Russia, U.S, Norway, Terra Nova, Bengaluru
U.S. President Joe Biden delivers remarks on infrastructure during an event at the Amtrak maintenance facility in Bear, Delaware, U.S., November 6, 2023. REUTERS/Leah Millis/File Photo Acquire Licensing RightsWASHINGTON, Nov 7 (Reuters) - President Joe Biden on Thursday will meet with United Auto Workers President Shawn Fain and tout the decision of Chrysler-parent Stellantis to reopen a shuttered assembly plant in Belvidere, Illinois, a White House official said. Illinois Governor J.B. Pritzker will attend Thursday's event, where Biden will make remarks, the official said. The new Stellantis investments include $1.5 billion in the Toledo Jeep operations, including building an EV Jeep Wrangler in 2028. The UAW said Stellantis wanted to cut 5,000 jobs going into the talks.
Persons: Joe Biden, Leah Millis, Shawn Fain, Stellantis, Fain, Biden, White, J.B, Pritzker, David Shepardson, Nandita Bose, David Gregorio Our Organizations: Amtrak, REUTERS, Rights, United Auto Workers, Chrysler, White, UAW, Detroit Three, Illinois, Toledo Jeep, EV, Dodge, Jeep, Thomson Locations: Bear , Delaware, U.S, Belvidere , Illinois, Illinois, Michigan, Belvidere, Toledo, Detroit, Dodge Durango
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