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Biden Hosts Democracy Summit Amid Tensions With China and Russia

As authoritarian regimes in China and Russia continue to make gains, President Biden faces a challenge of reigniting global democracy at his Summit for Democracy. WSJ’s Gerald F. Seib explains how Biden will navigate these challenges at the virtual summit. Photo Illustration: Elise Dean




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Washington Pays Tribute to Bob Dole at Capitol Ceremony

Bob Dole, a longtime Republican leader and senator for more than half a century, was honored at a ceremony in the Capitol Rotunda on Thursday. President Biden and leaders of Congress were among those paying tribute. Photo: Jonathan Ernst/Pool via AP




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Gerrymandering Could Shape the Midterms, But Reform Is Possible

States are drawing new congressional district maps for the House of Representatives that could determine control of Congress. This undertaking is proving to be highly politicized, but as WSJ’s Gerald F. Seib explains, the process can be reshaped. Photo illustration: Todd Johnson




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‘What Kind of Nation Are We Going to Be:’ Biden Reflects on Jan. 6 Riot

In an address to the nation on the anniversary of the Jan. 6 Capitol riot, President Biden accused former President Donald Trump of spreading a “web of lies” about the 2020 election. Photo: Michael Reynolds/Pool via Reuters




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Biden Says Build Back Better Will Likely Be Broken Up

President Biden said at a news conference Wednesday that the stalled $2 trillion Build Back Better proposal would likely have to be split up to get certain pieces, like provisions on climate, energy and early-childhood education, passed. Photo: Oliver Contreras/Sipa/Bloomberg News




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Biden Warns Russia of ‘Disaster’ if It Invades Ukraine

President Biden said on Wednesday that the U.S. is ready to unleash sanctions against Russia if President Vladimir Putin makes a move against Ukraine. Biden also laid out a possible diplomatic resolution. Photo: Susan Walsh/Associated Press




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For Clues to the Stock Market Selloff, Look to the Fed’s Balance Sheet

The stock market entered correction territory as investors reevaluate the market’s value after the Federal Reserve signaled plans to raise interest rates. WSJ’s Dion Rabouin explains. Illustration: David Fang




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Pittsburgh Bridge Collapses Hours Before Biden’s Visit

At least 10 people were injured when a snow-covered bridge collapsed in Pittsburgh early Friday morning, hours before President Biden was scheduled to visit the city and speak about infrastructure. Photo: Gene J. Puskar/Associated Press




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Hong Kong Races to Contain Covid-19 Outbreak – With China’s Help

As countries loosen Covid-19 restrictions, Hong Kong is sticking to a “dynamic zero-Covid” approach – with help from Beijing. A surge in cases has overwhelmed hospitals and threatens business confidence in the global financial hub. Photo: Bertha Wang/Bloomberg




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Biden’s State of the Union: Warning to Putin, Plan to Fight Inflation

During President Biden’s address to the nation, he garnered bipartisan applause as he warned Russia that more coordinated measures were coming in response to its invasion of Ukraine. He also laid out ways to help tame inflation. Photo: Pool/Reuters




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Australian Ports Sale is Largest Transport Deal Globally in 2013

Friday’s 5.07 billion Australian dollar (US$5.3 billion) ports deal has set several milestones.




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OUE Likely To Reload After REIT Listing, Maybank-Kim Eng Says

Overseas Union Enterprise is likely to move ahead with new acquisitions after raising around $680 million by listing a real-estate investment trust listing later in the year, Maybank-Kim Eng says.




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Dish Launches $25.5 Billion Offer for Sprint

Dish Network Corp. will counter Japan's Softbank Corp.'s bid for Sprint Nextel Corp., the WSJ is reporting Monday morning.





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Citigroup’s Corbat Gets Expenses Down

Chief Executive Michael Corbat is in the early stages of making good on his promise to turn Citigroup Inc. into a more efficient company.




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Dealpolitik: Dish’s Audacious Topping Bid for Sprint Is No Slam Dunk

Dish has made a stunning bid to buy Sprint for a cash-and -stock deal valuing Dish at $25.5 billion. Last year Softbank agreed to buy Sprint, also for a package of cash and stock. Dish claims its offer is worth 13% more.





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JPM Veteran Corio Joins Miller Buckfire

Restructuring adviser Miller Buckfire & Co. is growing its bankruptcy and restructuring practice once again after prominent bankers departed about two years ago.





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Aerosoles Shoe Chain Seeking Buyer or Partner

The private-equity owner of the Aerosoles shoe chain is seeking a buyer or strategic partner for the company it created about 25 years ago from a cast-off unit of Kenneth Cole Productions Inc.




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Record Number of Banks in One Deal as HK’s IPO Market Heats Up

Hong Kong's IPO market is shifting into high gear this week with two billion-dollar offerings but one deal is crowded with a record number of banks who are being asked to do more to earn business.




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Kyle Bass Keen on Yellow Pages Co. — Sohn Conference

By Emily Glazer The yellow pages business isn't dead yet. That's according to Kyle Bass, principal of Dallas-based hedge fund Hayman Capital Management L.P., who focused his presentation at the Ira Sohn conference Wednesday on directories business Dex Media Inc.




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Lithium for EV Batteries Is in High Demand, But Protesters Are Pushing Back

Lithium prices are rising as demand for the key ingredient in electric car batteries grows, amid a broader push to move away from oil and gas. But extraction of the metal is time consuming and potentially harmful to the environment, and plans to produce more have prompted protests. Photo: STR/Getty Images, Oliver Bunic/AFP/Getty Images




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Watch: Boris Johnson Apologizes for Attending Party During Covid-19 Lockdown

During a session of Parliament, British Prime Minister Boris Johnson apologized for attending a party on Downing Street in 2020 while strict Covid-19 lockdown measures were in place. Johnson said he believed it was a “work event.” Photo: PRU/AFP via Getty Images




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Djokovic Fans Celebrate After Australian Judge Orders Release From Detention

Crowds gathered to celebrate after a judge ordered the release of tennis star Novak Djokovic from detention ahead of the Australian Open. The ruling comes after the Australian government canceled his visa, saying he wasn’t exempt from Covid-19 vaccination rules. Photo: Hamish Blair/Associated Press




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Student Loan Forgiveness: The Borrowers Who Now Qualify

WSJ higher-education reporter Melissa Korn breaks down the select groups of borrowers who are currently eligible for student debt relief and what borrowers can expect next year. Photo: Getty Images




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Watch Doctors Transplant Pig Heart Into Patient in Medical Breakthrough

For the first time, surgeons in Maryland transplanted a genetically modified pig heart into a human without immediate rejection by the patient’s body. While the operation brings doctors a step closer to solving the organ shortage, it remains controversial for some. Photo: University Of Maryland School Of Medicine




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LeBron James Approaches Michael Jordan’s Stratosphere

LeBron James’s ever-growing playoff resume has raised a question once unthinkable: How much more would he have to do to surpass Michael Jordan?




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The Predators Take Their Best Shot

The Nashville Predators are dominating the Stanley Cup Finals in the area where the it usually matters most — shots on goal.




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The MLB Teams That Prefer to Promote From Within

The MLB team that has the most drafted players on its roster is the San Francisco Giants, with 13, according to Stats LLC. The league average is 7.8.




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Skip the Sweat With an E-Bike

E-bikes are electric bikes that give riders an assist while pedaling.




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Orioles Pitchers Can’t Keep the Ball in the Park

The Orioles have gone nearly the entire month of June allowing at least one home run in every game.




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Should Homeowners Ban Drones Over Their Property?

The increased use of personal and commercial drones is raising questions about where they should be permitted to fly, and who should make that decision. The FAA estimates drone sales will reach 7 million by 2020. Photo: John Weber for The Wall Street Journal




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On-Site Child Care: It's Paying Off at Clif Bar

Clif Bar & Co. is among only 5% of U.S. employers that offer a child care center on-site or near its offices. Kate Torgersen, an 18-year employee, explains how bringing her three children to the company's "Base Camp" child care center has benefited her as a working mother. Photo: Tim Hussin for The Wall Street Journal




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Women Hit Obstacles on the Way to the First Promotion

Men outnumber women nearly 2 to 1 on the first move up the management ladder. WSJ’s Vanessa Fuhrmans explains how this can hurt women right out of the gate.




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Why Women Don’t Get the Feedback They Need

Research shows that getting ahead requires constructive criticism. But many women don’t get those frank assessments.







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Why Risky Borrowers Still Aren’t Getting Mortgages

Fannie Mae, Freddie Mac, the Federal Housing Finance Agency and the Obama administration over the past year have tried mightily to expand mortgage access for riskier borrowers, but there's little evidence so far of borrowers with weaker credit making a strong return.




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At Camp Kotok, the Chatter Is About Fed Rate Rise, China and How the Fish Are Biting

For many luminaries of the financial sector, the place to be when the July payrolls report is released is around a small television set at Leen's Lodge in Grand Lake Stream, Maine. If you are there on the first Friday of August, you are part of “Camp Kotok.”




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5 Things to Know About China’s Currency Devaluation

Five things to know about China's move to devalue its currency, which will likely have a ripple effect through financial markets as well as in politics.




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Did the Mortgage-Fee Cut Help Borrowers?

Since a mortgage-fee cut, the number and mix of loans being backed by the Federal Housing Administration have changed markedly. Here's how the change affected the mortgage market.






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WSJ Survey: Oil and Inflation Are Stubborn Disappointments

The history of oil tycoons is littered with booms and busts—fortunes that swelled and collapsed with unexpected velocity—subject to the vagaries of oil discoveries and the high-stakes game of world diplomacy and international intrigue. Economic forecasters can't avoid them, either.




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Lower Electronics-Store Spending May Not Be What You Think

Americans spent more at retailers selling everything from cars to camping equipment in July, but they spent less at electronics stores. The underlying reason could be that gadgets are getting cheaper.




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How Much Would It Cost to Reduce Global Warming? $131 Trillion Is One Answer

Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will cost many more trillions than anticipated, WSJ looks at how the funds could be spent, and who would pay. Illustration: Preston Jessee/WSJ




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Deadly Floods in Germany, Belgium Destroy Homes

Flooding in western Europe after days of heavy rain caused houses to collapse. With around 170 people reported dead and many more missing, officials said the German government and Parliament would work on an aid package to alleviate the suffering. Photo: Torsten Silz/Agence France-Presse/Getty Images




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The U.S. Strategy to Catch Up on China’s Global Push for Influence

The U.S. wants to counter China’s influence around the world by providing everything from infrastructure to vaccines and green energy. WSJ’s Stu Woo explains how the plan, dubbed Build Back Better World, aims to compete with China’s Belt and Road Initiative. Photo composite: Daniel Orton