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Nevada lithium mine gets conditional $700M government loan Nevada lithium mine gets conditional $700M government loan 01/13/2023 09:23pm • RENO, Nev. (AP) — The U.S. Department of Energy announced a conditional loan of $700 million Friday to an Australian mining company to pursue a lithium project still facing environmental hurdles in Nevada as the U.S. seeks domestic supplies for a key component in electric vehicle batteries. The mo Wall Street ends higher as company earnings season kicks off Wall Street ends higher as company earnings season kicks off 01/13/2023 06:04pm • NEW YORK (AP) — Stocks closed higher on Wall Street Friday to give the S&P 500 its best week in two months as earnings reporting season gets underway and CEOs begin to show how well or poorly they’re navigating high inflation and a slowing economy. The year has begun on Wall Street with opti Wells Fargo 4Q profit falls by half but tops expectations Wells Fargo 4Q profit falls by half but tops expectations 01/13/2023 04:40pm • Wells Fargo’s profit for the fourth quarter came in ahead of Wall Street’s targets but were about half of what it earned last year as the bank had to pay another $3.3 billion in fines and penalties to settle numerous scandals from recent years. Wells earned $2.86 billion, or 67 cents per share, Man United secure Weghorst after Ronaldo exit 01/13/2023 04:17pm • MANCHESTER, England (AP) — Manchester United has moved to fill the void left by Cristiano Ronaldo by signing Netherlands striker Wout Weghorst on loan from Burnley until the end of the season. United manager Erik ten Hag was determined to bolster his attack following Ronaldo's exit in November. Yellen tells Congress US expected to hit debt limit Thursday Yellen tells Congress US expected to hit debt limit Thursday 01/13/2023 03:45pm • WASHINGTON (AP) — Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default. In a letter to House and Senate leaders, Yellen said her actions will buy time unti Tesla cuts vehicle prices in bid to boost flagging demand Tesla cuts vehicle prices in bid to boost flagging demand 01/13/2023 03:33pm • DETROIT (AP) — With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Friday on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest. The company dropped prices nearly 20% Poland lawmakers back law intended to release EU funds Poland lawmakers back law intended to release EU funds 01/13/2023 10:50am • WARSAW, Poland (AP) — Poland’s legislators voted Friday to approve a new law on judicial accountability that the government hopes will meet European Union expectations and help unfreeze billions of euros in pandemic recovery funds for the country. Brussels suspended the aid for Poland, saying t JPMorgan 4Q profits rise, helped by higher interest rates JPMorgan 4Q profits rise, helped by higher interest rates 01/13/2023 10:48am • NEW YORK (AP) — JPMorgan Chase & Co. said its fourth-quarter profits rose 6% from a year ago, as higher interest rates helped the bank make up for a slowdown in deal-making in its investment bank. The bank also set aside more than $2 billion to cover potential bad loans and charge-offs in prep Tax prep checklist: Collect these forms before filing your taxes Tax prep checklist: Collect these forms before filing your taxes 01/13/2023 09:50am • Every year, it can pay off to get organized and gather your tax documents early, both because you're likely to receive your tax refund sooner and you'll avoid the stress of scrambling at the last minute. This is important because the Internal Revenue Service has been particularly slow in recent y Bank of America profits rise; bank warns of slowing economy Bank of America profits rise; bank warns of slowing economy 01/13/2023 08:21am • NEW YORK (AP) — Bank of America's fourth-quarter profits rose slightly from a year ago, as higher credit costs and potentially bad loans more than offset the bank's sharp rise in interest revenue. The Charlotte, North Carolina-based bank said Friday that it earned a profit of $7.13 billion, or 85 Shakhtar, Russian clubs lose FIFA transfer rule cases at CAS 01/13/2023 07:33am • LAUSANNE, Switzerland (AP) — Shakhtar Donetsk and eight Russian soccer clubs lost their appeals Friday against FIFA emergency transfer rules that let foreign players and coaches suspend their contracts during Russia's invasion of Ukraine. In separate rulings by the Court of Arbitration for Sport, Joao Felix sent off on Chelsea debut in 2-1 loss to Fulham 01/12/2023 05:44pm • LONDON (AP) — João Félix was sent off on his Chelsea debut for a studs-first lunge as his new team lost 2-1 at Fulham in the Premier League to fall deeper into crisis on Thursday. The Portugal forward looked disconsolate after being shown a straight red card in the 58th minute for his dangerous Bank to pay $31M redlining settlement, DOJ's largest ever Bank to pay $31M redlining settlement, DOJ's largest ever 01/12/2023 03:00pm • NEW YORK (AP) — The Justice Department accused Los Angeles-based City National Bank on Thursday of discrimination by refusing to underwrite mortgages in predominately Black and Latino communities, requiring the bank to pay more than $31 million in the largest redlining settlement in department his Marseille looks to extend winning run and pressure Lens 01/12/2023 12:49pm • PARIS (AP) — Marseille is on a five-game winning run and well poised to put pressure on Lens in the race for second place in the French league. With Paris Saint-Germain comfortably leading the league, the more realistic ambition for Marseille is to finish second and qualify automatically for next US inflation eases grip on economy, falling for a 6th month US inflation eases grip on economy, falling for a 6th month 01/12/2023 12:32pm • WASHINGTON (AP) — Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it. Inflation declined to 6.5% in December compared with a
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