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For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.
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BlackRock’s Pitch for Socially Conscious Investing Antagonizes All Sides
Right-wing officials are attacking BlackRock for overstepping. Those on the left say the world’s biggest asset manager is not doing enough.
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France Desperately Needs Workers, but the Fixes Could Anger Left and Right
Legalization of undocumented workers and pared-down unemployment benefits are part of the government’s plan to fill hundreds of thousands of jobs.
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Jeep Plant Shutdown Imperils Illinois Town and 1,350 Workers
Stellantis plans to idle the factory, which makes the Cherokee, as it shifts to electric vehicles. Labor talks and a union election may be affected.
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Consumer Spending Cooled in November as Closely Watched Inflation Gauge Slowed
The Personal Consumption Expenditures index showed prices increased 5.5 percent last month, as consumer spending pulled back.
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House Clears $1.7 Trillion Spending Package, Averting Shutdown
The bill, which passed the Senate on Thursday, now heads to President Biden’s desk for his signature.
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Black Ice and White Knuckles: Braving the Elements on Iceland’s Ring Road
In summer, the roughly 830-mile route offers drivers midnight sun, along with plenty of traffic. Other times of the year, its snowy delights are more solitary, and slippery.
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How to Travel the World While Putting Nature First
In the wake of the U.N. biodiversity conference, Julia Simpson, the head of the World Travel and Tourism Council, discusses a new initiative called nature positive travel.
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Bradford’s biggest school trusts got hacked
One of Bradford’s biggest school trusts has been hit by a cyber-attack. Dixons Academies Trust runs 10 schools in the district and others elsewhere. Cyber specialists have launched an investigation into the attack and urged the trust to take extra precautions. Parents may be unable to use the schools’ phone lines temporarily, the school said. In…
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Carmaker Nio got hacked
China-based automobile firm Nio Inc. has suffered a data breach after hackers accessed data on users and vehicle sales. The hackers sent an email to the electric carmaker demanding $2.25 million worth of bitcoin and claimed that they had its internal data.