Business
Social media CEOs to testify at US Senate hearing in January // The chief executives of social media companies Meta, X, TikTok, Snap and Discord will testify on online child sexual exploitation at a Jan. 31 U.S. Senate hearing, the Senate Judiciary Committee said on Wednesday.


#U.S. & 3 other topics
CSX train derailment in Kentucky was avoidable, lawsuit claims // A group of Kentucky residents on Wednesday sued CSX, saying the railroad operator could have prevented a train derailment that spilled molten sulfur in remote eastern Kentucky on the eve of the U.S. Thanksgiving holiday.


#U.S. & 2 other topics
'We aren't going anywhere': How Panama fishing boats brought First Quantum to its knees // For more than a month, a group of 16 fishing boats has been blocking a key port in Panama, choking off coal and essential supplies destined for First Quantum Minerals' giant copper mine there, eventually forcing it to halt operations at the company's biggest revenue source.


#World#Business
USDA opens applications for $300 million to help exporters break into new markets // The U.S. Department of Agriculture on Wednesday said it would start accepting applications for an initial $300 million in funding to help U.S. agricultural exporters break into new markets outside China, Canada, Mexico and the European Union.


#U.S.#Business
US sanctions cryptocurrency mixer Sinbad over alleged North Korea ties // The United States on Wednesday imposed sanctions on a virtual currency mixer the Treasury Department said has processed millions of dollars worth of cryptocurrency from major heists carried out by North Korea-linked hackers.


#U.S. & 2 other topics
US allows pork plants to keep operating at accelerated speeds // The U.S. Department of Agriculture on Tuesday said it will extend for up to 90 days a trial program that allows six U.S. pork plants to operate faster processing-line speeds while collecting data on how the speeds affect meatpacking workers.


#U.S. & 2 other topics
US third-quarter economic growth revised up to 5.2% // The U.S. economy grew faster than initially thought in the third quarter as businesses built more warehouses and accumulated machinery equipment, but momentum appears to have since waned as higher borrowing costs curb hiring and spending.


#U.S.#Business
China's Xi visits financial hub Shanghai in first trip in three years // China President Xi Jinping visited Shanghai, where he went to several venues and learned about the city's efforts to strengthen its competitiveness as an international financial centre, Xinhua news agency reported on Wednesday.


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The wit and wisdom of Charlie Munger // Charlie Munger, Warren Buffett's witty and sardonic deputy who helped shape the strategy that transformed Berkshire Hathaway into a conglomerate, died on Tuesday at age 99.
His humorous one-liners endeared him to thousands of attendees at Berkshire's annual shareholder meetings, and a generation of corporate America's executives swear by his investing insights.


#Business
Chemours, DuPont, Corteva reach $110 million 'forever chemicals' Ohio settlement // Chemours, Dupont De Nemours and Corteva have reached a settlement agreement with the U.S. state of Ohio for $110 million to resolve claims associated with toxic "forever chemicals", the companies said on Wednesday.


#U.S.#Business