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ELLABELL, Ga. (AP) — Hyundai Motor Group confirmed, Friday, the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands — a deal Georgia’s governor called the largest economic development project in the state’s history.

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SAN FRANCISCO (AP) — A federal judge in California has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, one of Musk’s supporters and Tesla.

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WASHINGTON — The head of the Food and Drug Administration told lawmakers, Thursday, that a shuttered baby formula factory could be up and running as soon as next week, though he sidestepped questions about whether his agency should have intervened earlier to address problems at the plant tha…

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BONN, Germany — Treasury Secretary Janet Yellen warned, Wednesday, that Russia’s February invasion of Ukraine has produced a sharp increase in food and energy prices that is contributing to a slowdown in growth and creating greater risk of global stagflation.

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McDonald’s is closing its doors in Russia, ending an era of optimism and increasing the country’s isolation over its war in Ukraine.

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JetBlue launched a hostile takeover bid for Spirit Airlines, on Monday, and asked shareholders of the low-cost carrier to reject a proposed acquisition by Frontier Airlines.

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WASHINGTON — US officials, on Monday, reached an agreement to allow baby formula maker Abbott to restart its largest domestic factory, though it will be two months or more before any new products ship from the site to help alleviate the national shortage facing parents.

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DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and surging oil prices following Russia’s invasion of Ukraine.

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CHICAGO (AP) — The Chicago Reader, the city’s famed alt-weekly, is expected to become a nonprofit this month after the sale was nearly derailed over a co-owner’s column opposing COVID-19 vaccine requirements for children.

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The US baby formula shortage has sparked a surge of interest at milk banks around the US with some mothers offering to donate breast milk and desperate parents calling to see if it’s a solution to keep their babies fed.

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WEISSENHAUS, Germany (AP) — The Group of Seven leading economies warned, Saturday, that the war in Ukraine is stoking a global food and energy crisis which threatens poor countries, and urgent measures are needed to unblock stores of grain that Russia is preventing from leaving Ukraine.

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Lawyers for 26 passengers, said Friday, they told Lufthansa that they will sue the German airline for refusing to let members of a large group of Orthodox Jewish passengers board a plane after some had refused to wear masks on an earlier flight.

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WASHINGTON — The Biden administration is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska, removing millions of acres from possible drilling as US gas prices reach record highs.

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Editor’s note: Our press was down for maintenance, on Friday, and we had an early deadline, therefore, the money markets were not available by press time. We apologize for this inconvenience. The money markets will return, Tuesday.

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WASHINGTON — US producer prices soared, 11% in April, from a year earlier, a hefty gain that indicates high inflation will remain a burden for consumers and businesses in the months ahead.

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LONDON — The name “FIFA” can bring to mind images of the World Cup and soccer’s greatest players, like Pele, Zinedine Zidane or Lionel Messi. The acronym for the sport’s governing body may also remind some of shameless bribery and corruption.

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WASHINGTON — Parents across the US are scrambling to find baby formula because supply disruptions and a massive safety recall have swept many leading brands off store shelves.

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DETROIT — The dollars-and-cents counter on the gas pump seems to be spinning faster these days with US prices hitting another record high on Tuesday.

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CAIRO (AP) — Egypt’s annual inflation rate continues to surge amid Russia’s ongoing war in Ukraine that has shaken the global economy, the country’s statistics bureau announced, Tuesday.

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WASHINGTON — America’s employers added 428,000 jobs, in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.

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WASHINGTON (AP) — President Joe Biden announced, Monday, that 20 Internet companies have agreed to provide discounted service to people with low incomes, a program that could effectively make tens of millions of households eligible for free service through an already existing federal subsidy.

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ZAPORIZHZHIA, Ukraine (AP) — Sparks fly as a circular saw slices into metal, while welders nearby work feverishly to the sound of blaring heavy metal. Upstairs, sewing machines clatter as women mark patterns on cloth being shaped into bulletproof vests.

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NEW YORK — One of the more striking pieces of journalism from the Ukraine war featured intercepted radio transmissions from Russian soldiers indicating an invasion in disarray, their conversations even interrupted by a hacker literally whistling “Dixie.”

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NEW YORK (AP) — The National Labor Relations Board has found merit in a union charge that Amazon violated labor law in New York City’s Staten Island by holding mandatory worker meetings to persuade its employees not to unionize.

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LOS ANGELES — Contract negotiations between 22,000 workers at 29 West Coast ports and representatives of shipping companies will begin next week with automation and its impact on jobs emerging as a major point of contention amid supply chain issues.

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LAS VEGAS — A big casino landlord closed its acquisition of MGM Resorts International’s real estate spinoff, giving the buyer several more hotel properties on the Strip.

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HAMILTON, Ohio — President Joe Biden pledged, Friday, that 3D printing technology would help return factory jobs to the US and reduce inflationary pressures as he traveled to an industrial Midwestern state with a Senate seat in play to make his case for the future of manufacturing.