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Foxconn expects COVID-hit China plant back to full output in late Dec-early Jan -source

TAIPEI, Dec 5 (Reuters) – Apple supplier Foxconn (2317.TW) expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January, a Foxconn source said on Monday, after worker unrest disrupted the world’s biggest iPhone factory. The Zhengzhou plant has been grappling with strict COVID-19 restrictions that have fueled discontent …

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EU to adapt state aid schemes in response to US subsidy package, von der Leyen says

BRUSSELS, Dec 4 (Reuters) – The EU will adapt its state aid rules to prevent an exodus of investment triggered by a new US green energy subsidy package, the bloc’s chief executive said on Sunday. “Competition is good … but this competition must respect a level playing field,” European Commission President Ursula von der Leyen …

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Norman Reedus in The Walking Dead Daryl Dixon Spin-Off First Look

Joining the franchise spin-off trend, finally, is that Daryl Dixon series from the Walking Dead starring Norman Reedus. Here’s the first look at the cult icon reprising his role to keep the zombie universe that won’t die going. AMC president Dan McDermott told Entertainment Weekly that the new show—which is imaginatively titled The Walking Dead: …

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Mexico, US plan pitch by 2023 to lure firms from abroad

MEXICO CITY, Dec 2 (Reuters) – Mexican Economy Minister Raquel Buenrostro and US Secretary of Commerce Gina Raimondo on Friday agreed to set out a plan by early 2023 for the relocation of companies from Asia to North America, Mexico’s government said. On her first visit to Washington since taking office in October, Buenrostro has …

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Exclusive: Twitter exec says moving fast on moderation, as harmful content surges

Dec 2 (Reuters) – Elon Musk’s Twitter is leaning heavily on automation to moderate content, doing away with certain manual reviews and favoring restrictions on distribution rather than removing certain speech outright, its new head of trust and safety told Reuters. Twitter is also more aggressively restricting abuse-prone hashtags and search results in areas including …

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Vermont to allow religious schools to use state assistance after settling litigation

The lawsuits were filed by attorneys for the Alliance Defending Freedom (ADF), a Christian legal group. Thomas McCormick, a longtime Vermont lawyer who works with the ADF Attorney Network, is serving as local counsel on behalf of the families and the Diocese of Burlington. On Wednesday, the US District Court for the District of Vermont …

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US job growth strong in November; wages rise

Nonfarm payrolls increase 263,000 in November Unemployment rate steady at 3.7%; participation rate falls Average hourly earnings rise 0.6%; up 5.1% year-on-year WASHINGTON, Dec 2 (Reuters) – US employers hired more workers than expected in November and increased wages despite mounting worries of a recession, but that will probably not stop the Federal Reserve from …

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US job growth likely slowed again in November; labor market still tight

Nonfarm payrolls forecast increasing 200,000 in November Unemployment rate seen unchanged at 3.7% Average hourly earnings forecast gaining 0.3%; up 4.6% y/y WASHINGTON, Dec 2 (Reuters) – US job growth was likely the smallest in nearly two years in November as mounting worries of a recession cooled demand for labor, which could give the Federal …

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