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Apple secrets ‘thief’ can’t shed bracelet

Bloomberg A US judge decided it’s too risky to let an engineer stop wearing a device that tracks his whereabouts while he awaits trial on charges he stole trade secrets from Apple Inc’s autonomous-driving project before taking a new job in China. But, in a setback for federal prosecutors, the judge said in a separate ruling that electronic monitoring is ...

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Year’s best US IPO is a little-known biotech with 420% surge

Bloomberg Karuna Therapeutics Inc may not be the year’s best-known initial public offering, taking a back seat to names like Beyond Meat Inc and Uber Technologies Inc. But for those on the hunt for generous returns, early bets on the mid-cap drugmaker paid off handsomely. Thanks to some positive study results in November, Karuna is 2019’s best-performing US IPO. Early ...

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France’s pension riots are a warning to world

When it comes to retirement, France is like other countries, only more so: Everything about its system is untenable. It’s untenable that it has 42 separate public pension schemes — one for train drivers, another for opera singers, and so on. It’s untenable that the French think they have a God-given right to retire at 62 or even earlier. And ...

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