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Germany to Gazprom: Your turbine is ready, let us deliver it.

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Germany to Gazprom: Your turbine is ready, let us deliver it.

Standing earlier than a hulking metallic turbine that usually propels pure fuel from Russia to Germany by means of the Nord Stream 1 pipeline, Chancellor Olaf Scholz of Germany rejected Russia’s rivalry that technical issues had been behind the sharp curtailment in fuel flows to Germany.

He stated the one cause the machine had not but been returned to Russia after present process upkeep work is that Gazprom, Russia’s state power big, didn’t need it again.

The turbine, which is on the coronary heart of a dispute between Germany and Gazprom, was on show Wednesday at a information occasion within the western metropolis of Mülheim an der Ruhr, the place it has been saved because it was returned from refurbishment in Canada.

Gazprom and Vladimir V. Putin, Russia’s president, have blamed Siemens Power, the turbine’s producer, for delays returning it to Russia. They’ve repeatedly cited the necessity for “required documents and clarifications,” and stated that its absence was the rationale it slashed fuel flows to twenty p.c of capability.

After weeks of releasing solely terse responses, the German facet appeared intent on calling the bluff of Gazprom and Mr. Putin.

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“It’s apparent that nothing, nothing in any respect stands in the best way of the additional transport of this turbine and its set up in Russia. It may be transported and used at any time,” Mr. Scholz informed reporters. “There isn’t a technical cause by any means for the discount of fuel provides.”

European officers say Russia is chopping again its fuel deliveries to punish Europe for its opposition to the warfare in Ukraine. In mid-June, Gazprom in the reduction of the quantity of fuel it was delivering to Germany by means of the Nord Stream 1 pipeline to solely 40 p.c of attainable capability. Final week, it diminished the quantity once more by half.

Germany nonetheless depends on Russia to fulfill a few third of its pure fuel wants, down from greater than half earlier than the beginning of the warfare, however nonetheless sufficient to depart the nation reeling from the cuts. It’s scrambling to retailer up sufficient of the gas earlier than demand rises in winter, in hopes of staving off rationing and shutdowns of key industries if Russia had been to chop off provides fully.

Gasoline storage amenities in Germany had been 69 p.c full as of Wednesday, however officers informed firms and residents to start decreasing their power utilization as a lot as attainable whereas the climate was nonetheless heat. Almost half of all houses in Germany are heated with fuel, and households, together with important infrastructure akin to hospitals and rescue providers, will likely be prioritized within the occasion of shortages.

Mr. Putin has recommended that Germany might resolve its fuel downside by opening the second pipeline that was mothballed days earlier than Russia invaded Ukraine, Nord Stream 2.

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That proposal was echoed by Gerhard Schröder, the previous German chancellor who stays near Mr. Putin regardless of being outcast by his personal political social gathering, the Social Democrats, and lots of Germans. In an interview with the German newsweekly Stern, Mr. Schröder, who met with the Russian president in Moscow final week, additionally stated the Kremlin was open to talks to finish the warfare, given that Ukraine give up its declare to Crimea — which Russia annexed in 2014 — in addition to its aspirations to hitch NATO.

Requested in regards to the prospect of restarting Nord Stream 2, Mr. Scholz stifled fun, mentioning that its twin pipeline operating underneath the Baltic Sea, Nord Stream 1, was already being underused, as had been different overland hyperlinks by means of Ukraine, in addition to one by means of Belarus and Poland — that Russia had sanctioned.

“There’s sufficient capability with Nord Stream 1,” he stated. “All of the contracts that Russia has concluded for the entire of Europe may be fulfilled with the assistance of this pipeline.”

The diminished flows of pure fuel have brought about costs in Europe to leap to file highs. On Wednesday they remained about double what they had been in mid-June, when Russia started limiting flows by means of the Nord Stream 1 pipeline.

Christian Bruch, the top of Siemens Power, who appeared with Mr. Scholz, stated his firm was in common talks with Gazprom over the difficulty of the turbine and it was desirous to return it in order that different Siemens generators used within the pipeline is also taken for upkeep.

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However the Russian firm has a “totally different view” of the scenario, he stated, with out elaborating.

“This turbine is able to go instantly,” Mr. Scholz stated. “If Russia doesn’t take up this turbine now, it reveals the entire world that not taking it’s simply an excuse to cut back fuel provides to Germany.”

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Albertsons to pay $3.9 million over allegations it overcharged, lied about weight of groceries

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Albertsons to pay .9 million over allegations it overcharged, lied about weight of groceries

Grocery titan Albertsons will pay $3.9 million to resolve a civil law enforcement complaint alleging that it ripped off customers at hundreds of its Vons, Safeway and Albertsons stores in California, authorities said Thursday.

According to the complaint, groceries sold by Albertsons Cos. — including produce, meats, baked goods and other items — had less product in the package than indicated on the label. The company also is accused of charging customers prices higher than its lowest advertised price.

“False advertising preys on consumers, who are already facing rising costs, and unfairly disadvantages companies that play by the rules,” L.A. County Dist. Atty. George Gascón said. “This kind of corporate conduct is especially egregious when it comes to essential groceries, as Californians rely on accurate advertised prices to budget food for their families.”

The case was filed in Marin County Superior Court in partnership with the consumer protection units of the district attorney’s offices of Los Angeles, Marin, Alameda, Sonoma, Riverside, San Diego and Ventura counties.

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The settlement will be divided among the seven counties and used to support future enforcement of consumer protection laws, according to the Marin County district attorney’s office. None of the money will be paid back to consumers.

The fine comes just over a year after the same company was ordered to pay $3.5 million for selling expired over-the-counter drug products. The company is also currently fighting a federal antitrust lawsuit that seeks to block its planned merger with grocery giant Kroger Inc.

Albertsons Cos. operates 589 Albertsons, Safeway and Vons stores in California. The company did not admit wrongdoing. It cooperated with the investigation and has taken steps to correct the violations, according to the L.A. County district atttorney’s office.

In a statement on the settlement, the company said it takes the matter seriously and is committed to ensuring its customers can shop with confidence.

“We have taken steps to ensure our price accuracy guarantee is more visible to customers by posting signage at multiple locations at the front of our stores,” the company stated. “We have conducted additional comprehensive training for associates to reinforce the importance of price accuracy and customer transparency. Additionally, we have enhanced price tracking systems to better ensure real-time accuracy at stores.”

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Prosecutors in the lawsuit alleged that the company failed to implement a price accuracy policy ordered by a court in 2014.

The policy requires that customers who are overcharged for an item either receive the item for free or receive a $5 gift card, depending on which option is worth more. It is designed to encourage customers to immediately report false advertising.

Under the judgment reached Thursday, the grocery giant must implement this policy and ensure staff are properly trained to place accurate weight labels on products.

The serial overcharging was discovered through inspections by Marin County’s Department of Agriculture, Division of Weights and Measures and its counterparts across the state.

“We could not have achieved this result without the outstanding work of our Weights and Measures inspectors as well as vigilant consumers,” said Deputy Dist. Atty. Andres Perez, who prosecuted the case for Marin County.

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For the next three years, Albertsons Cos. is required to hire an independent auditor to ensure it is complying with the terms of the judgment.

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Disney faces class action lawsuit over employee data breach

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Disney faces class action lawsuit over employee data breach

Walt Disney Co. has been hit with a class action lawsuit accusing the Burbank-based entertainment giant of negligence, breach of implied contract and other misconduct in connection with a massive data breach that occurred earlier this year.

Plaintiff Scott Margel submitted the complaint on Thursday in Los Angeles County Superior Court against Disney and Disney California Adventure. The 32-page document also accuses the company of violating privacy laws by not doing enough to prevent or notify victims of the extent of the leak.

The class members, estimated to number in the thousands, are described in the complaint as individuals who gave “highly sensitive personal information” to Disney in connection with their employment at the company — information that was allegedly compromised in the breach.

Representatives of Disney did not immediately respond Friday to The Times’ request for comment.

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The lawsuit cites an article published in September by the Wall Street Journal, which reported that a hacking group known as NullBulge publicly released data spanning more than 18,800 spreadsheets, 13,000 PDFs and 44 million internal messages sent via the workplace communication platform Slack.

According to the Journal, the compromised Slack messages contained sensitive information belonging to Disney cruise employees, including passport numbers, visa details, birthplaces and physical addresses; at least one spreadsheet listed the names, addresses and phone numbers of some Disney Cruise Line passengers. The publication later reported that Disney planned to stop using Slack after the breach.

The plaintiff and class members “remain, even today, in the dark regarding which particular data was stolen, the particular malware used, and what steps are being taken, if any, to secure their [personal information] going forward,” the complaint reads.

The plaintiff and class members “are, thus, left to speculate as to where their [data] ended up, who has used it and for what potentially nefarious purposes.”

In July, NullBulge said that it had leaked roughly 1.2 terabytes of Disney data in rebuke of the company’s treatment of artists, “approach to AI” and “pretty blatant disregard for the consumer.” The self-proclaimed hacktivists told CNN that they were able to penetrate Disney’s system thanks to “a man with Slack access who had cookies.”

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A Disney spokesperson said in a statement at the time that the company was “investigating this matter.”

Margel is demanding that Disney take steps to reinforce its security system and educate class members about the risks associated with the breach. The plaintiff is also seeking unspecified damages and a jury trial.

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Rivian cuts production forecast, citing supply chain issue; its stock dips

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Rivian cuts production forecast, citing supply chain issue; its stock dips

Electric vehicle maker Rivian saw its shares dip Friday after the Irvine-based company cut its production targets amid ongoing supply issues.

Citing a shortage of a component used to build its electric pickups, sport utility vehicles and vans, Rivian said production could drop as much as 18% this year at its lone U.S. assembly plant.

Rivian did not specify the part that is in low supply but noted that the shortage has become more acute in recent weeks.

The company now forecasts its full-year production will be between 47,000 and 49,000 vehicles, down from an earlier estimate of 57,000. During the most recent quarter, Rivian produced 13,157 vehicles and delivered 10,018, falling short of analysts’ expectations.

Shares of Rivian ended the day at $10.44, down 3.2%. The company’s stock has been battered since the start of the year, falling by more than 50% amid underwhelming financial reports. In the second quarter this year, Rivian posted a net loss of $1.46 billion compared with a loss of about $1.12 billion during the same period a year earlier. The company is scheduled to announce its third-quarter earnings next month.

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Rivian received a lifeline in June when Volkswagen agreed to a massive investment in the company that is expected to total $5 billion. Rivan has nonetheless continued to struggle in the face of dropping demand for electric vehicles and other supply chain issues that forced the company to pause its production of commercial vans for Amazon.com in August.

Early this year, the automaker announced a 10% cut in its workforce that sent stocks plummeting 25% in one day. The pool of interested wealthy buyers who don’t already own an electric vehicle is shrinking, analysts said, while the broader market weighs the advantages and feasibility of switching to electric.

The average car buyer is not likely to be able to afford a Rivian vehicle, and concerns remain about charging infrastructure and the distance vehicles can drive on a single charge. Rivian’s R1T electric pickup truck starts at around $70,000; its R1S SUV starts at nearly $75,000.

With sleek design and outdoorsy features, Rivian’s vehicles garnered much attention from analysts and attracted investors such as Amazon and Volkswagen. The company exceeded expectations during its initial public offering of stock in 2021, ending its first day of trading valued at nearly $88 billion.

The production issues announced this week could get in the way of Rivian’s goal of achieving positive gross profits by the fourth quarter of this year. According to analysts, the company’s gross margins are expected to remain in negative territory in the final three months of 2024.

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