Business
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Water Heaters Use Lots of Energy. The D.O.E. Wants to Change That.
The Biden administration is tightening efficiency rules for water heaters, stoves and other appliances, and conservative politicians are dialing up their criticisms.
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Jeff Zucker Abandons Telegraph Bid, Putting London Paper Back Into Play
RedBird IMI said it had withdrawn its attempt to acquire the storied newspaper after a revolt from Conservative Party leaders.
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Walmart Is Shutting Health Centers After Plan to Expand
The 51 locations, next to Supercenters, proved too costly to be profitable, the retailer said.
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U.S. Plan to Protect Oceans Has a Problem, Some Say: Too Much Fishing
An effort to protect 30 percent of land and waters would count some commercial fishing zones as conserved areas.
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Getir, a Rapid Grocery-Delivery Service, Exits the U.S. and Europe
The company had expanded quickly to keep ahead of rivals, but like other pandemic darlings, its business lost steam after lockdowns were eased.
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Paramount Faces a Mountain of Questions
Bob Bakish, the media giant’s chief executive, is out, removing an obstacle to a deal with David Ellison's Skydance. But the company’s future is no clearer as a key deadline approaches.
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Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.
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Hydrogen Offers Germany a Chance to Take a Lead in Green Energy
In the city of Duisburg in Germany’s industrial heartland is a vast steel complex that is one of Europe’s largest polluters. But alongside the mill’s furnaces and smelters, technicians have developed a machine that could soon play a vital role in ...
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How the High Cost of Borrowing May Skew the Presidential Race
Kimberly Jolasun, a 32-year-old entrepreneur in Atlanta, has never voted for the Republican candidate for the presidency. That may be about to change. Her company, Villie, is an online platform that lets new parents share photos and updates about ...
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High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.