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SoftBank Won’t Buy $3 Billion in WeWork Stock

[ad_1] SoftBank has decided it will not buy $3 billion in WeWork inventory from other shareholders, a board committee of the office environment place firm mentioned Wednesday night, working a blow to shareholders, including Adam Neumann, the company’s co-founder and previous chief government, who experienced hoped to provide their inventory. Two months back, SoftBank, a […]

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Why State and Local Debt Is Fraught Territory for the Fed

[ad_1] William C. Dudley, who was previously president of the Federal Reserve Bank of New York, is sympathetic to the thought of a municipal bond software of some form, especially presented that “they in essence have the blessing of Congress.” But he explained officers really should adhere to investment decision-quality financial debt. “Once you get […]

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Cuomo Is a Media Hero in the Pandemic. De Blasio Is a Scapegoat.

[ad_1] And Mr. de Blasio? He was somewhere in the middle, like most of the media that is now preserving score. His painfully community three-day Hamlet act in excess of closing educational facilities finished with Mr. Cuomo saying that they’d be closed just minutes right before Mr. de Blasio’s planned announcement — both of them times […]

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Trump Rebuffs Demands to Lift Tariffs as Economy Falters

[ad_1] WASHINGTON — President Trump proceeds to resist phone calls from hundreds of corporations to drop tariffs he has placed on overseas items, arguing that the levies do not impose expenditures on American businesses, despite financial evidence to the contrary. The Trump administration has been weighing an executive get that would defer tariff payments on […]

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Zantac Products Should Not Be Sold or Used, F.D.A. Warns, Citing Cancer Danger

[ad_1] The Foodstuff and Drug Administration on Wednesday questioned organizations to cease providing all sorts of the heartburn drug Zantac, just after concluding that a opportunity most cancers-leading to contaminant can develop up in the drug when saved for extended durations. The company also recommended that buyers who use above-the-counter varieties of the drug, also […]

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