Italy's Falck family sells green energy firm to JPMorgan fund

(Corrects in first and third paragraphs that the fund is advised by JPM, not owned) MILAN (Reuters) – Italy’s Falck family of industrial magnates will receive 1.5 billion euros ($1.8 billion) from the sale of its controlling stake in Falck Renewables to a JPMorgan-advised infrastructure fund, the company said on Wednesday. The Falcks, who built their fortune in steel over […]

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Opinion | The Single-Party Curse Is Real. Can Democrats Defy It?

By James M. Curry and Frances E. Lee Professors Curry and Lee are the authors of “The Limits of Party: Congress and Lawmaking in a Polarized Era.” Despite party control of Congress and the presidency, Democrats are still struggling to enact their agenda. The ballyhooed bipartisan infrastructure deal is stuck in the House, and the sweeping $3.5 trillion reconciliation package […]

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Hubilo raising $125 million from U.S. hedge fund, existing investors

SINGAPORE (Reuters) – Hybrid events platform company Hubilo said it is raising $125 million in a private funding round, backed by new investor U.S.-based hedge fund Alkeon Capital and existing investors Lightspeed Venture Partners and Balderton Capital. Since Hubilo started out as an events tech firm in India in 2015, its co-founders Vaibhav Jain and Mayank Agarwal have steered the […]

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Your Wednesday Briefing

We’re covering explosive testimony from a Facebook insider and schools without masks in England. ‘Profits before people’ In testimony before Congress, Frances Haugen, the whistle-blower who sent internal Facebook documents to journalists, accused the tech giant of putting its “astronomical profits before people,” and said that congressional intervention was needed. “They need to admit they did something wrong, and they […]

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Opinion | Texas Is the Future of America

AUSTIN, Texas — California is “America on fast-forward,” it is often said. Liberals quote the maxim with pride, pointing to the state’s diversity and its outsize share of economic output, technological innovation, venture capital and growth. Conservatives put scare quotes around it, warning about the dystopia that awaits if America becomes any more like California, with its high taxes and […]

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Opinion | What Happens When the Last Jew Leaves Afghanistan

The Last Jew of Afghanistan is gone, and everyone is glad to be rid of him. Zebulon Simentov, Afghanistan’s only remaining Jew, escaped three weeks ago after refusing early opportunities to flee Kabul amid this summer’s American withdrawal. He initially declined to leave, he once told reporters, so as to protect the country’s last synagogue — though it seems that […]

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Opinion | Cancel Culture: Are We Overreacting?

To the Editor: Re “Middle-Aged Panic About Cancel Culture,” by Michelle Goldberg (column, Sept. 21): I disagree that growing criticism of the so-called cancel culture on U.S. campuses is a product of middle-aged sensitivities that are overblown and histrionic. Ms. Goldberg may not understand how destructive campus pressures for ideological uniformity really are and the enormous chilling effect on nonconforming […]

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Opinion | ‘We’ve Become Too Complicated’: Where Eric Adams Thinks Democrats Went Wrong

In July, Eric Adams narrowly won the Democratic nomination for mayor of New York, making him the odds-on favorite to win in November. And he won the nomination by running directly against the verities of today’s progressives: asserting that the police are the answer, not the problem; that “defund the police” misjudged what communities of color actually want; that Democrats […]

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