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The good news about income inequality

The headline from the US Census Bureau’s report on health insurance coverage was that the ranks of the uninsured swelled by almost 2 million Americans in 2018. But the larger trends illustrated in the report are more consequential — and more positive — for the US economy. First, about those health-insurance numbers. More than half of the decline in insurance ...

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SoftBank needs a different IPO after WeWork slip

SoftBank Group Corp. and its Vision Fund need another win. And they need it fast. With news that US rental office company WeWork – formally known as The We Company – looks set to delay its IPO, we can see just how dependent SoftBank supremo Masayoshi Son’s empire was on this one exit to keep the Japanese company’s hit machine ...

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Amazon’s Alexa masters Hindi, Hinglish for Diwali

Bloomberg Amazon.com Inc’s Alexa has mastered Hindi in just a few years. The voice assistant introduced to India in 2017 gets a major local makeover for one of the largest retail markets. Amazon launched a version that now speaks Hindi and Hinglish — a unique blend with English. It can also switch automatically between all three. The new, improved Alexa ...

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