Finance

Europeans look to China as global partner, shun Trump’s US

When France’s president wants to carry European concerns to the world stage to find solutions for climate change, trade tensions or Iran’s nuclear ambitions, he no longer calls Washington. He flies to Beijing. President Emmanuel Macron’s visit to China this week suggests that the United States risks being sidelined on the global stage under President

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Dede Wilsey Asks the New Rich, ‘Why Don’t You Give Back?’

Sitting in the elegant sunroom of her Pacific Heights mansion with a view of the Golden Gate Bridge, the San Francisco socialite and philanthropist Dede Wilsey might seem an unlikely person to criticize the world of extraordinary wealth. “No civilization has survived where there is only rich and poor,” Ms. Wilsey said. She is being

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Hawaii may subpoena Airbnb fort tax records of rental hosts

A judge ruled Wednesday that Hawaii tax authorities may subpoena Airbnb for records of its hosts as the state investigates whether operators of vacation rentals have been paying their taxes. First Circuit Court Judge Bert Ayabe approved the subpoena after a brief hearing. Airbnb and the state Department of Taxation have already agreed which records

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Colorado voters narrowly approve legalized sports betting

Colorado became the 19th U.S. state to legalize some form of sports betting as election officials tallied Wednesday a surprisingly close vote in which ballots for the measure narrowly surpassed “no” votes. More than 1.3 million Coloradans voted Tuesday on Proposition DD, a bipartisan ballot measure crafted by lawmakers that legalizes sports betting next year

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