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California warned of more blackouts with dry winds raising wildfire threat

Bloomberg Almost two weeks after 2.3 million people in California suffered through forced blackouts, the state’s utilities are warning they may have to cut power again with dry, gusting winds raising the threat of wildfires. At risk is supply to thousands who live and work in the mountains and valleys north of Los Angeles. A handful have already lost power, ...

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US mints more than half of world’s new millionaires

Bloomberg The US minted more than than half the world’s new millionaires last year as investments in equities and tech stocks propelled assets higher. The world’s wealthiest country accounted for 675,000 new millionaires, according to Credit Suisse Group AG’s Global Wealth Report. Japan and China contributed the second- and third-most, according to calculations based on US dollars. A significant portion ...

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UK businesses’ Brexit frustration mounting with costs

Bloomberg In September, Jaguar Land Rover (JLR) unveiled a new development facility near Coventry in central England, equipped with technologies like 3-D printing and dedicated to a futuristic vision dubbed “Destination Zero”: No emissions, accidents or congestion. Early next month, Britain’s biggest auto manufacturer plans to add another goose egg: Zero production. The maker of luxurious Jaguar sedans and rugged ...

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