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What Congress owes Puerto Rico’s US citizens

President Donald Trump’s visit to Puerto Rico on Tuesday brought more disruption and controversy—to the markets and the island—than aid and comfort. Fortunately, there is a better model to provide for both the immediate humanitarian needs of these Americans and the long-term health of their economy. But it will take the kind of sustained bipartisan focus that yielded last year’s ...

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The EU is pulling punches against tech behemoths

Margrethe Vestager, the European commissioner for competition, is again picking low-hanging fruit by ordering Amazon to pay 250 million euros ($294 million) plus interest to Luxembourg, deemed to have rendered illegal state aid to the US company. But the European Commission should be aiming higher if they want to send a serious message to US tech giants about doing business ...

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China’s bike rental firms are secret cash cows

China’s bike rental companies Mobike and Ofo are in talks to merge, Bloomberg’s Lulu Chen reported. There’s not a sane mind in the world who doesn’t think that’s a good idea. One parallel is the merger of Didi Dache and Kuaidi Dache to form Didi Chuxing, which then eventually folded in Uber China. They are, of course, extremely different businesses. ...

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