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As U.S. and Chinese Officials Meet, Businesses Temper Their Hopes

In a meeting in Beijing on Friday, China’s leader, Xi Jinping, traded warm smiles with Bill Gates and praised Mr. Gates as “the first American friend” he had met this […]




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With Climate Pledges, Some Wall Street Chiefs Warn of Rising Prices

David Solomon, the chief executive of Goldman Sachs, said last month that his firm would continue funding fossil fuel companies, stressing that not doing so would lead to much higher […]




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How Private Equity Firms Avoid Taxes

There were two weeks left in the Trump administration when the Treasury Department handed down a set of rules governing an obscure corner of the tax code.Overseen by a senior […]




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Oatly, a Maker of Oat Milk, Is About to Have Its IPO

Private equity has a place at the table, and so do Oprah and Jay-Z. Food giants like Nestlé are scrambling to get a foot in the door. There are implications […]




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Blackstone’s Schwarzman Stays Loyal to Trump

To Mr. Schwarzman, the notion appeared absurd. “This has been a tough time,” he said, according to a participant who shared details from a transcript of the call. Both the […]