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Lulus is planning IPO at $1b value

Bloomberg Lulus, the online retailer that focuses on female apparel, is planning an initial public offering this year, according to people with knowledge of the matter. The Chico, California-based company is working with Goldman Sachs Group Inc and Bank of America Corp on the planned listing, said the people who asked not to be identified discussing private information. The company ...

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Will the climate war become class warfare?

Trade in coal and steel powered the European Union’s formative years. Now the bloc wants to lead the world on climate responsibility, with a bumper package of proposals from expanding an emissions-trading system to banning fossil fuel cars to reach its 2050 target of carbon neutrality. But for all the aspirational visions, there are justified jitters that the European project’s ...

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Facebook plans to pay $1b to creators

Facebook Inc is betting big to get its piece of the creator economy. But even for a dominant technology platform, money alone doesn’t guarantee success. The company announced plans to pay more than $1 billion to creators by the end of 2022 for making content on its platforms — from providing initial seed money to giving bonuses based on certain ...

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