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Emmanuel Macron is playing with fire on immigration quotas

Emmanuel Macron wants to “take back control” of immigration in France. At first glance, his government’s forthright language — and its aspirations for a system of numerical “quotas” similar to Canada’s or Australia’s — sounds a lot like the populist clarion call that won Nigel Farage the Brexit referendum. There are differences, of course. This is about migration from outside ...

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Silicon Valley is a born-again believer in profits

Masayoshi Son, the founder of SoftBank Group Corp., has joined the new religion for technology investing. Last week, Son disclosed SoftBank’s third-quarter investment losses from bets on WeWork, Uber Technologies Inc. and other stakes. He also talked about his fealty to corporate cash flow and putting appropriate guardrails on young companies. Son displayed something that seemed like humility — in ...

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FAA official’s call to ground Southwest jets prompts clash

Bloomberg A Federal Aviation Administration (FAA) official wrote a memo last month saying that Southwest Airlines Co should ground 49 of its airliners because repairs were performed that didn’t meet legal standards. There is “a high likelihood of a violation of a regulation, order or standard” of the FAA, and the US regulator needs to take immediate action to revoke ...

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