The Covid Economy Carves Deep Divide Between Haves and Have-Nots

A two-track recovery is emerging from the country’s pandemic-driven economic contraction. Some workers, companies and regions show signs of coming out fine or even stronger. The rest are mired in a deep decline with an uncertain path ahead. Just months ago, economists were predicting a V-shaped recovery—a rapid rebound from …

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Long Before Nikola Trucks, Trevor Milton Sold Investors on Startups That Faded

In 2009, Trevor Milton drove a Dodge pickup from Utah to Phoenix to show off his latest business idea: a truck using natural gas along with diesel to lower fuel costs. Within months, Mr. Milton’s company had landed a $16 million contract to install the system on up to 800 …

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How China Is Taking Over International Organizations, One Vote at a Time

When China curtailed political freedoms in Hong Kong this summer, two rival declarations circulated at the United Nations Human Rights Council. One, drafted by Cuba and commending Beijing’s move, won the backing of 53 nations. Another, issued by the U.K. and expressing concern, secured 27 supporters. China’s show of strength …

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Nasdaq, S&P 500 edge higher on Amazon boost; Dow under pressure

The S&P 500 and the Nasdaq edged higher on Tuesday, led by a bounce in shares of Amazon.com, while uncertainty over more U.S. fiscal stimulus kept trading in Dow constituents muted. Amazon.com Inc jumped 2.7% after Bernstein upgraded its stock to “outperform”, saying the company will continue to receive a …

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Work towards blending traditional knowledge with modern research: PM Modi to IIT Guwahati

Prime Minister Narendra Modi on Tuesday asked Indian Institute of Technology IIT-Guwahati to work in the direction of blending traditional knowledge and modern research and set up Centre for Indian knowledge. Addressing the 22nd convocation of IIT Guwahati virtually, he said, “As the region witnesses flood and earthquake and industrial …

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