Infrastructure Development
9 min read
13

Economic Toll of Los Angeles Fires Goes Far Beyond Destroyed Homes

January 16, 2025
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After decades of mounting damage from climate-fueled natural disasters, researchers have compiled many misery-filled data sets that trace the economic fallout over weeks, months and years. The fires still burning in Los Angeles are sure to rank among America’s most expensive — but there is no perfect analogue for them,

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Infrastructure Development
6 min read
11

Jeffrey Epstein’s Associates Could Reap Benefit of a Big Tax Refund

January 16, 2025
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Jeffrey Epstein’s once vast estate — art, jewelry, lavish properties and investments — was meant to be drained by settlements to his many sexual abuse victims and payments to resolve other legal claims. But now it appears that two of his most loyal business associates, who are serving as executors

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Infrastructure Development
4 min read
9

JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits

January 16, 2025
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Worried about the economy? You must not run a major bank. A swath of the nation’s largest lenders, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported quarterly and annual financial results on Wednesday that beat analysts’ expectations, and largely expressed a go-go attitude about what’s ahead after President-elect Donald

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Infrastructure Development
13 min read
15

Ramaswamy Has a High-Profile Perch and a Raft of Potential Conflicts

January 16, 2025
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Vivek Ramaswamy is the less famous and less wealthy half of the duo of billionaires that President-elect Donald J. Trump has designated to slash government costs. His better-known co-leader, Elon Musk, stands to benefit from the job in ways that are numerous and glaring. Mr. Musk’s companies have tremendous influence,

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Infrastructure Development
4 min read
14

Albania Gives Jared Kushner Hotel Project a Nod as Trump Returns

January 15, 2025
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The government of Albania has given preliminary approval to a plan proposed by Jared Kushner, Donald J. Trump’s son-in-law, to build a $1.4 billion luxury hotel complex on a small abandoned military base off the coast of Albania. The project is one of several involving Mr. Trump and his extended

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Infrastructure Development
3 min read
11

We’re Sharing the Data Behind Our Detailed 2024 Election Map

January 15, 2025
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We’ve published a new interactive map of the 2024 election that shows results by precinct, the most detailed vote data available. The New York Times is also releasing this data set for others to use. The map allows most Americans to look up how their city, neighborhood and even their

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Infrastructure Development
3 min read
17

Dubai Duty Free to accept UPI payments

January 15, 2025
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MUMBAI: The international arm of NPCI has partnered with Magnati, a payment solutions provider in West Asia, to expand the acceptance of UPI payments in the UAE. The collaboration aims to enable UPI-based QR payments at Magnati’s POS terminals, offering Indian travellers in the UAE seamless payment options. Source link

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Infrastructure Development
3 min read
10

U.S. Sues Southwest Airlines Over Chronic Delays

January 15, 2025
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The federal government sued Southwest Airlines on Wednesday, accusing the airline of harming passengers who flew on two routes that were plagued by consistent delays in 2022. In a lawsuit, the Transportation Department said it was seeking more than $2.1 million in civil penalties over the flights between airports in

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Infrastructure Development
3 min read
8

TikTok Says U.S. Employees Will Have Jobs Even if the App Is Banned

January 15, 2025
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TikTok sought to assure its U.S. employees on Tuesday that they will still have jobs next week even if the Supreme Court upholds a law that would see the video app banned in the United States on Sunday. The message is a shift in tone from TikTok, which has otherwise

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Infrastructure Development
4 min read
10

Trade deficit at 3-month low in Dec

January 15, 2025
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NEW DELHI: Trade deficit narrowed to a three-month low of $22 billion in Dec as exports contracted 1% to $38 billion, while imports grew almost 5% to $60 billion.The fall in goods exports in Dec was mainly due to low prices of petrol and diesel, which resulted in oil product

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