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Business and Economic News

Boris Johnson tries to reassure on Brexit as pound slumps

Boris Johnson tries to reassure on Brexit as pound slumps

British Prime Minister Boris Johnson was visiting Wales on Tuesday as part of a national tour intended to reassure Britons that his hard-Brexit push won't hurt the economy and rip apart the U.K.
by Associated Press

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Controversial program boosts funding for scarce public housing

Controversial program boosts funding for scarce public housing

Critics accuse Minneapolis officials of selling out low-income residents of public housing through a new program that seeks revenue from private investors. But the program will pay for apartment renovations and not change control of the dwellings.
by Martin Moylan

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Irritating compounds discovered in 'vape juice'

Irritating compounds discovered in 'vape juice'

Research chemists who analyzed a number of flavored e-liquids found that some ingredients combine on the shelf to create "acetals" — compounds likely to irritate or inflame airways when inhaled.
by Susie Neilson

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23 and who? Your DNA test results and the law

23 and who? Your DNA test results and the law

Companies that sell DNA tests have hired lobbyists as Minnesota legislators eye regulating who has access to the results.
by Briana Bierschbach

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3M discloses internal probe into China-linked marketing

3M discloses internal probe into China-linked marketing

3M said on Friday it was investigating potential violations of the U.S. Foreign Corrupt Practices Act or other anti-corruption laws related to certain business groups in China.
by Reuters

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The global economy is slowing down. Is recession on the way?

The global economy is slowing down. Is recession on the way?

The global economy is slowing down. What does that mean, and who is most affected? Could a global recession be on the way? MPR News’ Chris Farrell fills in for Kerri Miller.

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T-Mobile and Sprint merger finally wins Justice Department's blessing

T-Mobile and Sprint merger finally wins Justice Department's blessing

A deal years in the making is getting federal regulatory approval to move forward. The $26 billion merger is subject to court approval, and state attorneys general are seeking to block the deal.
by Yuki Noguchi

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U.S. economy slows: Trump's 3% growth pledge now in rearview mirror

U.S. economy slows: Trump's 3% growth pledge now in rearview mirror

The U.S. growth rate fell to 2.1 percent in the second quarter amid a slowdown in exports. The Trump administration has targeted a growth rate of 3 percent or above, citing the Republican tax cuts passed in 2017.
by Chris Arnold and Avie Schneider

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