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With a Big Tax Break, Hong Kong Tries to Soothe the Rich

HONG KONG — Political opposition has been quashed. Free speech has been stifled. The independent court system may be next. But while Hong Kong’s top…

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Looming Deadline and Last-Minute Changes Hinder Small-Business Relief

The latest revision of the Paycheck Protection Program appeared to be a victory for the most vulnerable small businesses, offering more generous relief to companies…

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Companies Put Return-to-Work Plans in Motion

A year and a pandemic ago, over 100,000 people filled the central business district in Charlotte, N.C., pouring out of offices, including several recently built…

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Biden’s Inaugural Will Be Mostly Virtual, but Money From Donors Will Be Real

WASHINGTON — President-elect Joseph R. Biden Jr.’s allies have begun an ambitious campaign to raise millions of dollars from corporations and individuals by offering special…

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Despite Billions in Fees, Banks Predict Meager Profits on P.P.P. Loans

Loath to be seen profiting from the economic disaster caused by the coronavirus, the nation’s biggest banks were quick to pledge that they would donate…

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