A commission denied a request to increase the number of rocket launches on the state’s central coast, citing environmental concerns.
Category: United States
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TD Bank Pleads Guilty and Pays $3 Billion to Settle Money-Laundering Case
The penalty was the largest ever imposed by U.S. officials on a bank for violating anti-money laundering laws, and regulators imposed a cap on TD’s ability to accept new deposits.
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E.V. Tax Credits Are a Plus, but Flaws Remain, Study Finds
The Inflation Reduction Act was a compromise between competing priorities. Evaluating the law on the effectiveness of the $7,500 tax credit for E.V.s is tricky.
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How Cannabis and Opium Poppies Became National Security Issues
After supply chain disruptions that made critical medicines scarce, a federal effort is underway to ensure domestic stocks of pharmaceutical ingredients.
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Officials Cast Doubt on a Dementia Drug, but Human Trials Continue
The S.E.C. alleged shortcomings in research said to support the drug, and its developer agreed to a $40 million settlement. Some experts wonder why clinical trials have not been stopped.
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Hurricane Helene Deaths Will Continue for Years, Study Suggests
Research on hundreds of tropical storms finds that mortality keeps rising for more than a decade afterward, for reasons you might not expect.
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Tesla Sales Increase, Suggesting Electric Car Demand Is Rebounding
The automaker reported a gain of 6.4 percent for the latest quarter, its first such increase this year.
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F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does not join its board.
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Verizon Mobile Outages Reported Across the U.S.
The number of cases peaked at more than 100,000 Monday morning, according to the website Downdetector. Users complained of being unable to make calls or send texts.
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Beneath the Potential Strike at U.S. Ports: Tensions Over Innovation
Port operators have long embraced automation, while dockworkers view it as a threat to their livelihoods.
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Why Stellantis, Owner of Chrysler, Jeep and Ram, Is Struggling
The automaker, created by a 2021 merger, is dealing with labor unrest, slumping sales and a revolt from its dealers.