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PwC announced today it will allow all U.S. employees who can telework the ability to work virtually from anywhere in the continental U.S. moving forward. The new policy will impact nearly 40,000 employees who work in client services, including consultants, auditors and tax professionals. The company says it is the first professional services firm to […]
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Airbnb, Verizon, Walmart and Texas Medical Technology are among those who have offered to help the 100,000 plus people to have fled the country to the U.S. after Kabul fell to the Taliban on Aug. 15. On Tuesday, Airbnb CEO Brian Chesky said the company is planning to temporarily house 20,000 refugees around the world […]
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Despite China's flourishing international reach, economic strength and military might, President Xi Jinping seems nervous. He's been in a rush to tighten the screws on dissent, expand technological surveillance of his people and to assert new controls over private business. Jude Blanchette writes in Foreign Affairs that Xi's strict control will constrain China's economic growth. […]
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The U.S., U.K. and European Union are among those considering whether to introduce a digital passport that will allow citizens to show they have been vaccinated against Covid-19. It is thought some form of certificate system could help stimulate an economic recovery as countries prepare to relax public health measures over the coming weeks. Physicians […]
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President Joe Biden thinks that former President Donald Trump’s impeachment trial in the Senate “has to happen.” On Monday, Biden told CNN that despite how a Senate trial could affect the confirmation of his Cabinet nominees and other items on his agenda, he thought that there would be “a worse effect if it didn’t happen.” […]
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Health insurer UnitedHealth Group Inc. (NYSE: UNH) announced Wednesday that its OptumInsight division will acquire Change Healthcare Inc. (NASDAQ: CHNG) for $25.75 per share in cash. Including Change Healthcare’s outstanding debt of around $5 billion, the value of the acquisition totals around $13 billion. OptumInsight is the UnitedHealth segment that focuses on delivering back-office services, […]
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Every four years, millions of foreigners watch America choose its president, knowing a decision in which they have no say could reshape their lives. In 2020, observers abroad see a choice that isn’t about a conservative turn or a liberal shift, but whether the world’s most powerful country can maintain the democratic standards it’s long […]
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Two major US airlines started furloughing more than 32,000 workers Thursday as federal funding to keep them on the payroll ran out. American Airlines said it would sideline some 19,000 employees while United Airlines will furlough more than 13,000 after the feds’ $25 billion Payroll Support Program for passenger carriers expired Wednesday. Both companies said […]
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United adding, restoring flights; T-Mobile plans to give students free internet Fox Business Briefs: United is adding new and returning routes in October allowing the airline to fly 40 percent of its full flight schedule compared to the previous year; T-Mobile announces plan to give free internet access to millions of students. United Airlines and […]
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The chief Democrat on the House Oversight Committee said late Monday the panel will open an investigation into Postmaster General Louis DeJoy amid a series of bombshell claims that he pressured former employees to donate to GOP lawmakers and then reimbursed them through large bonuses. The Washington Post reported late Monday that Rep. Carolyn Maloney […]
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