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When top Chinese officials held receptions for dozens of American and European business executives at back-to-back annual economic forums last week, the intended message was clear: China was open for business. But by week’s end, China’s fearsome regulators had sent an altogether different signal. Beijing announced a cybersecurity probe into Micron Technology, a top-tier U.S.
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A federal jury in San Francisco ordered Tesla on Monday to pay about $3.2 million to a Black man who had accused the carmaker of ignoring racial abuse he faced while working at its California factory. The award was far less than the $137 million that a different jury awarded two years ago, mostly in
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Gov. Ron DeSantis of Florida on Monday requested “a thorough review and investigation” into an effort by the Walt Disney Company to limit state oversight of development at Disney World. The request came in a letter to Melinda Miguel, Florida’s chief inspector general. Last week, Mr. DeSantis and his allies realized that Disney had pushed
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General Motors said on Monday that its new-vehicle sales rose 18 percent in the first three months of the year, thanks to improved supplies of key components and firm demand from both consumers and commercial customers. The automakers sold 602,208 cars and trucks from January to March, an increase from 512,846 in the same period
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WASHINGTON — Since President Biden came into office two years ago, the United States has declined to pursue new comprehensive free-trade agreements with other countries, arguing that most Americans have turned against the kind of pacts that promote global commerce but that also help to send factory jobs overseas. But in recent months, with the
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An overwhelming majority of Parisians who took part in a referendum on electric scooters have voted to ban the devices from the streets of the French capital, reflecting exhaustion with a public-transit alternative that was once seen as convenient and climate-friendly but is now largely regarded as dangerous and environmentally questionable. Relatively few people turned
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A grand slam deal Ari Emanuel’s media colossus Endeavor, whose properties include the Ultimate Fighting Championship, has agreed to buy World Wrestling Entertainment, creating a live event behemoth and cementing its status as a leader in combat sport competitions. The combination will create a new, publicly traded company that is 51 percent owned by Endeavor,
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Saudi Arabia said on Sunday that its 500,000 barrel-a-day cut in oil production was a “precautionary measure aimed at supporting the stability of the oil market.” The immediate result so far has been a price surge. Oil prices soared in early trading on Monday with Brent crude, the international benchmark, rising as much as 8
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Saudi Arabia, Russia and their oil-producing allies announced on Sunday that they would cut production by more than 1.2 million barrels of crude a day, or more than 1 percent of world supplies, in an apparent effort to increase prices. Oil prices soared as markets opened Sunday evening, with both the American and global oil
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Beth Johnson, a television talent agent, says she had to move from exclusively representing clients to more training and consulting, since newsroom employees were no longer able to move around enough to negotiate significant pay raises. The rapid consolidation in local news, with major companies like Nexstar and Sinclair buying out smaller ownership groups, has
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Netflix made sure viewers had ample opportunity to hear about “Wednesday,” its macabre hit starring Jenna Ortega. They could come across it in an airport security line when plopping their belongings into a tray that asked “What would Wednesday do?” Or see the title character in the Uber app when they ordered a ride. Or
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Endeavor, the Hollywood entertainment colossus that owns the Ultimate Fighting Championship, is close to a deal that would combine that league with World Wrestling Entertainment, two people familiar with the negotiations said on Sunday. The combination would mean a behemoth in combat entertainment, both real and scripted. The deal could be announced as early as
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