Political/General News
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Abbott, FDA reach deal to resume making baby formula at U.S. plant amid shortage
Abbott Laboratories and the Food and Drug Administration reached a deal Monday to restart production of baby formula at a…
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U.S. COVID cases at highest levels since November, while Northeast and Midwest are above delta peak
COVID cases continued to rise across the U.S. on Monday and were trending at the highest levels seen since late…
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Anti-FCA activists to march on Parliament for better regulation
A campaign group is organising a march on Parliament to protest against a Financial Conduct Authority that it says is…
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15 stocks that have fallen at least 33% but by these measures are still standouts in their sectors
During a year in which more than half of the stocks in the S&P 500 Index have declined 10% or…
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Why Silicon Valley tech firms are flocking to London
Rajesh Agrawal is the Deputy Mayor of London for Business I’m so excited to be in America with the Mayor,…
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India Can’t Hang Up on Chinese Smartphones
India and China are in a standoff again, but it isn’t at the border. India is investigating Chinese smartphone maker…
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Elon Musk says $44bn Twitter deal is on hold
Elon Musk said his deal to buy social media platform Twitter is on hold because of pending calculations over spam and…
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KPMG and former staff face ‘serious regulatory sanctions’ over misleading Carillion probe
KPMG and multiple former staff members are facing “serious regulatory sanctions” over their engagement in a conspiracy to mislead inspectors…
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Robinhood stake acquired by FTX founder Sam Bankman-Fried
One of the biggest names in cryptocurrencies is betting on individual investors. Sam Bankman-Fried, the 30-year-old billionaire who founded the cryptocurrency exchange…
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They Fled Ukraine to Keep Their Cyber Startup Alive. Now, They’re Hacking Back.
Dozens of employees at Ukrainian cybersecurity startup Hacken fled their war-torn country and found refuge about 2,000 miles away in…
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Silicon Battery Maker Amprius to Go Public in $1.3 Billion SPAC Merger
Amprius Technologies Inc. has reached a deal with a special-purpose acquisition company that values the maker of silicon-anode batteries at…
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Senate gives Fed Chairman Powell vote of confidence and a second 4-year term
Federal Reserve Chairman Jerome Powell on Thursday was given a vote of confidence by lawmakers. The Senate voted to confirm…
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An inventory crunch is making life impossible for home buyers. Our interactive map can help you track the availability of houses for sale near you.
When Irene Wharton started house hunting in El Paso, Tex., early last year, she had some firm ideas about what…
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Biden mourns one million American lives lost to pandemic, orders flags to fly at half-mast to honor the dead
President Joe Biden mourned the one million American lives lost to the pandemic on Thursday, and said flags will be…
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Regulators are investigating Elon Musk’s late disclosure of his Twitter stake
WASHINGTON — Federal regulators are investigating Elon Musk’s late disclosure last month of his sizeable stake in Twitter, according to…
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Instacart Files Confidentially for IPO
Instacart’s long-awaited filing comes as competition increases and consumer habits shift. Photo: Michael Loccisano/Getty Images Instacart Inc. said it filed…
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WSJ News Exclusive | Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes
WASHINGTON—Federal regulators are investigating Elon Musk’s late disclosure last month of his sizable stake in Twitter Inc., TWTR -2.48% according…
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Abortion-rights vote fails in Senate as Democrats try to codify Roe v. Wade
A bill that would preserve access to abortion across the U.S. failed in the Senate on Wednesday, as a lone…
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Businesses Seek to Soften SEC Cyber Rules
Companies including Chevron Corp. , Quest Diagnostics Inc. and Ernst & Young LLP are pushing to narrow proposed cybersecurity rules…
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WHO head censored in China after criticizing zero-COVID policy, and U.S. cases are now up 52% from two weeks ago
The head of the World Health Organization is being censored on China’s internet after criticizing its zero-COVID policy for being…
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U.S. stocks bounce in choppy trade after CPI shows inflation slows less than expected
Major stock indexes were higher in choppy price action after an eagerly awaited consumer price index reading showed U.S. inflation…
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BlackRock downgrades outlook for Chinese assets citing ‘Beijing’s ties to Russia’
BlackRock has downgraded its outlook for Chinese stocks and bonds on the back of weakening growth expectations and geopolitical risks…
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Moderna CFO out after two days in the role as former employer Dentsply discloses probe of financial reporting
Moderna Inc. surprised investors Wednesday with the news that its chief financial officer has departed the company just two days…
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Cryptocurrency TerraUSD Plunges as Investors Bail
The break in TerraUSD’s peg began over the weekend with a series of large withdrawals of TerraUSD from Anchor Protocol,…
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Elon Musk says he would remove Twitter’s ban on Donald Trump
Elon Musk said he would reverse Twitter ban on former President Donald Trump. “I do think that it was not…
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Coinbase says it is bleeding users as Nasdaq and bitcoin continue to fall
The biggest cryptocurrency exchange in the US said it was bleeding users, reflecting continued destruction in the crypto market and…
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Former global leaders urge U.S. to commit $5 billion to global COVID battle, urge Biden to take more forceful role at Thursday summit
A group of former global leaders, among them Gordon Brown, the U.K. prime minister from 2007 to 2010, is calling…
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Weaponising financial services poses new threat to City exports
The unprecedented financial sanctions imposed on Russia after its invasion of Ukraine have not had quite the devastating impact on the…
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Linklaters rolls out global menopause policy for staff
Law firm Linklaters has set out a global menopause policy to provide support for employees going through it, raise awareness…
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Here’s a list of 50 companies that are well-armed to beat back inflation
Another turnaround Tuesday may be in the cards after a litany of concerns including stagflation dragged the S&P 500 SPX,…
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China’s Car Sales Plunge 35.5% Amid Covid Lockdowns
By Selina Cheng HONG KONG–Car sales in China plunged 35.5% from a year earlier in April, recording their worst drop…
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How Ukraine is winning the soft power struggle
Joseph S Nye Jr is a professor at Harvard University and author of Do Morals Matter? Presidents and Foreign Policy…
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New York Gov. Hochul tests positive for COVID, as two omicron subvariants spread across Empire State
New York Gov. Kathy Hochul tested positive for COVID-19 on Sunday, becoming the latest political leader to contract the SARS-CoV-2…
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BP, Shell shareholders warn against ‘meddling’ windfall tax
Bumper profits at Shell and BP have reignited calls for a windfall tax on oil giants to combat soaring energy…
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Eurazeo CEO Virginie Morgon on why she’s pulling ‘all the levers’ on ESG
From the top floor of private equity firm Eurazeo’s headquarters, discreetly tucked away in the chic 17th arrondissement in the…
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Putin: Campaign in Ukraine forced, necessary
MOSCOW — Russian President Vladimir Putin has sought to cast Moscow’s military action in Ukraine as a forced response to…
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Why inflation emerged during the pandemic
Koichi Hamada, professor emeritus at Yale University, was a special adviser to former Japanese Prime Minister Shinzō Abe Until a…
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LGIM piles pressure on boardroom diversity and pay
Legal & General Investment Management, the UK’s largest fund management group, ramped up its opposition to companies falling short on…
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New study finds omicron no less severe than earlier variants, and not just more transmissible
A new study conducted by researchers at Harvard Medical School among others has found that the omicron variant of the…
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Meet the Frunk: EV Makers Put the Trunk up Front
Drivers can now have less junk in their trunk, and more in their frunk. People have long prized having storage…
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U.S. gains 428,000 jobs in April, and wages rise again — but labor force shrinks
The numbers: The U.S. added a solid 428,000 new jobs in April, but an acute labor shortage showed little improvement…
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Boris Johnson’s Conservative Party nurses wounds after losing key seats in London
The Conservative Party is nursing its wounds after losing some key Tory strongholds. Battered by scandals including ‘Partygate’ and amid…
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Here’s why Elizabeth Warren is concerned over Fidelity’s bitcoin pension plan
Senator Elizabeth Warren voiced concerns about Fidelity Investments’ plan to include bitcoin in customers’ 401(k) accounts, calling it “a risky…
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WHO says true COVID death toll is 15 million, far higher than the 6 million counted by Johns Hopkins
The World Health Organization said Thursday that new estimates show that the full death toll associated either directly or indirectly…
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Antony Blinken to affirm China as main U.S. rival
When much of the global focus is on Russia’s war with Ukraine, the Biden administration is preparing to refresh the…
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Digital-Advertising Giants Are Coming Back to Earth After Pandemic Boom
The supercharged advertising growth that some of the world’s largest technology companies reported during the pandemic is decelerating. A round…
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UBS’ firing of a senior investment banker was defamatory, US watchdog rules
UBS’ rationale for the 2018 firing of a senior investment banker was defamatory and should be expunged from his record…
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Binance chooses Paris as its European trading hub
Binance, the world’s largest crypto exchange, is planting a foot in Paris as it seeks to establish itself as a…
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Kenneth Rogoff: The odds of a global recession are rising by the day
Kenneth Rogoff, professor of economics and public policy at Harvard University and recipient of the 2011 Deutsche Bank Prize in…
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I thought drinking would make me a better broker — I was wrong
It has been two years since the pandemic consumed everyone’s lives in the UK. No one could have predicted the…
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