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Fed is not right place to fight climate change

  The latest Republican objection to Sarah Bloom Raskin’s nomination to the US Federal Reserve concerns a possible conflict of interest she had while serving on the board of a financial technology company. Far more disturbing — and far more justifiable as an objection — are her ideas about how to use the Fed to fight climate change. Using monetary ...

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American Air cuts more int’l flights on Dreamliner delays

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  Bloomberg American Airlines Group Inc is making additional cuts to its international flight plans this summer because of ongoing delays in deliveries of Boeing Co 787 Dreamliners, a setback for the carrier just as global travel is expected to begin recovering from a pandemic slump. The airline will delay until November from June the start of a flight between ...

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Supply-chain troubles hit Rice Krispies in US

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  Bloomberg Rice Krispies are the latest victim of US supply-chain troubles. Shoppers around the country have taken to social media to probe the absence of the Kellogg Co cereal brand from their grocery-store shelves. The company confirmed the problems, citing a temporary shortage due to manufacturing constraints. “We do not have an estimated date on when it will be ...

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