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Wall Street Journal US Business
Jul 05, 2022

EU Lawmakers Approve Sweeping Digital Regulations
European lawmakers approved two sweeping new pieces of digital regulation, paving the way for clashes between regulators and some of the world's biggest tech companies over how the rules should be applied.

Wall Street Journal US Business
Jul 05, 2022

Ford's U.S. Sales Increase 32% in June, Outpacing Broader Industry
The auto maker's revenue benefited from pent-up demand, previously placed orders and a new all-electric truck that went on sale this spring

Wall Street Journal US Business
Jul 05, 2022

Red States Are Winning the Post-Pandemic Economy
Workers and employers moved away from the coasts to the middle of country and Florida, sparking swifter recoveries there. Red states have added 341,000 jobs since February 2020, while blue states were still short 1.3 million jobs as of May.

Wall Street Journal US Business
Jul 05, 2022

Spotify Rival Deezer's Shares Fall in Trading Debut
The French company's downbeat debut is a sign that there are limits to the investor appetite for music-streaming services, even as such offerings have grown to become a major source of revenue for the music industry.

Wall Street Journal US Business
Jul 05, 2022

Scandinavian Airline SAS Files for Bankruptcy Protection
The carrier has filed for bankruptcy protection in the U.S., saying a move by about 1,000 of its pilots to go on strike would worsen its already fraught finances.

Wall Street Journal US Business
Jul 05, 2022

Office Owners Reeling From Remote Work Now Fret About Recession
Rising interest rates and growing recession fears are compounding the woes of office landlords grappling with the spread of remote work.

Wall Street Journal US Business
Jul 05, 2022

Blackstone Bets on Global Tourism Boom With Australian Resort Deal
As Covid-19 cases have fallen and international air travel has increased, some resorts are benefiting.

Wall Street Journal US Business
Jul 05, 2022

Audit and Consulting Firms at Odds Over Who Should Verify Climate Data
Firms that verify businesses' climate data are at odds over who is qualified to perform the work, a potentially lucrative task under a proposal from the Securities and Exchange Commission that would require new disclosures on the topic.

Wall Street Journal US Business
Jul 05, 2022

Accelerating Inflation in Asia Puts Pressure on Central Banks to Raise Rates
Accelerating inflation is rippling through the Asia-Pacific, stoking expectations that policy makers will need to keep ratcheting up borrowing costs to cool climbing prices.

Wall Street Journal US Business
Jul 05, 2022

Amazon, Microsoft, Google Strengthen Grip on Cloud
The three companies account for about two-thirds of cloud spending and are using their size to maintain their hold on the rapidly growing market.

Wall Street Journal US Business
Jul 05, 2022

Janet Yellen and China's Top Trade Negotiator Discuss Tariffs on Call
The Treasury Department described the conversation, which also covered the impact of Russia's war against Ukraine on the global economy, as "candid and substantive."

Wall Street Journal US Business
Jul 05, 2022

Americans Tap Pandemic Savings to Cope With Inflation
With wage gains lagging behind soaring inflation, U.S. households are starting to dip into the huge pile of savings they accumulated over the first two years of the pandemic.

Wall Street Journal US Business
Jul 05, 2022

Bosses Offer Midyear Raises to Retain Employees
Employers say higher pay is needed to keep up with rivals and to reflect that staffers are paying more for gasoline, groceries and other daily living expenses.

Wall Street Journal US Business
Jul 05, 2022

Consumers' Inflation Psychology Worries Fed
Federal Reserve officials have indicated they accept the risks of causing a recession because they are determined to prevent something they view as worse: a change in consumer psychology that could sustain high inflation.

Wall Street Journal US Business
Jul 05, 2022

Smaller Companies Are Urged to Adopt Multifactor Authentication
Too many small and medium-size businesses rely on usernames and passwords alone to secure their systems, leaving them vulnerable to cyberattacks that could otherwise be prevented, government officials and cybersecurity chiefs say.

Wall Street Journal US Business
Jul 04, 2022

Air Travelers Cope With Busy July Fourth Holiday Weekend
U.S. airports had their busiest day since the Covid-19 pandemic began, but overall disruptions were less severe than during recent holidays.

Wall Street Journal US Business
Jul 04, 2022

European Travel Just Got Harder After SAS Pilots Strike
Pilots at Scandinavia's main airline walked out, starting a strike that the carrier said will hobble operations. Separately, the chief operating officer at European discounter easyJet resigned.

Wall Street Journal US Business
Jul 04, 2022

If the U.S. Is in a Recession, It's a Very Strange One
Economic output is down—but the job market is strong, unlike in previous recessions. It's the latest twist in the odd trajectory of the pandemic economy.

Wall Street Journal US Business
Jul 04, 2022

China's Covid Isolation Spurs Beijing-Based Development Bank to Open Overseas Office
Abu Dhabi is among the preferred locations for an interim office of the Asian Infrastructure Investment Bank, according to people briefed on the matter, as the multilateral lender grapples with China's strict Covid rules on overseas travel.

Wall Street Journal US Business
Jul 04, 2022

China Auto Maker Geely Ventures Into Smartphones
A subsidiary of Zhejiang Geely Holding Group has acquired a 79% stake in lesser-known Chinese smartphone maker Meizu Technology, one of China's earliest smartphone makers.

Wall Street Journal US Business
Jul 04, 2022

Ukraine War Hits Germany With First Trade Deficit in Over Three Decades
The fallout from Russia's war in Ukraine sent Germany's import bill for energy sharply higher, but its deficit with China also widened.

Wall Street Journal US Business
Jul 04, 2022

Little-Known Abortion Pill Maker Faces Scrutiny
The debate over medication abortions draws in the lone U.S. manufacturer of brand-name mifepristone.

Wall Street Journal US Business
Jul 04, 2022

Companies Face Compliance Challenges Under U.S. Forced-Labor Law Targeting China
A strict new law is prompting businesses to look deep into their supply chains to show they aren't tainted by forced labor in China's Xinjiang region.

Wall Street Journal US Business
Jul 04, 2022

Coal Makes a Comeback as the World Thirsts for Energy
Tight supplies of commodities following Russia's war in Ukraine lead countries back to the dirtiest fossil fuel, despite commitments to tackle climate change.

Wall Street Journal US Business
Jul 04, 2022

Companies Broaden CFOs' Responsibilities to Retain Them In Strong Job Market
Faced with strong competition for talent and the prospect of an economic slowdown, companies are beefing up finance chiefs' responsibilities or elevating their positions altogether to retain top executives.

Wall Street Journal US Business
Jul 04, 2022

Chip Boom Loses Steam on Slowing PC Sales, Crypto Rout
Intel and Nvidia are among the semiconductor makers warning of rockier times ahead after two years of surging demand across their product lineups, pointing to a chillier consumer climate.

Wall Street Journal US Business
Jul 04, 2022

Ground Toxins Spur Losses for Maine Farmers
Long-lasting toxins, traced to sludge that was spread years earlier as fertilizer, are linked to types of cancer.

Wall Street Journal US Business
Jul 04, 2022

Glut of Goods at Target, Walmart Is a Boon for Liquidators
The excess inventory piling up at large retailers is proving a boon for liquidators and other companies that help dispose of the oversupply.

Wall Street Journal US Business
Jul 04, 2022

Biden Might Soon Soften Chinese Tariffs, in Decision Fraught With Policy Tensions
The White House wants to take steps aimed at easing inflation while still looking tough on China.

Wall Street Journal US Business
Jul 03, 2022

Jeff Bezos Criticizes Biden's Call for Gas Stations to Cut Prices
Amazon's founder said the president's push is "misdirection." The White House rejected the criticism.

Wall Street Journal US Business
Jul 03, 2022

Hard Rock Atlantic City Workers, Casino Operator Reach Labor Agreement
The deal follows earlier labor pacts at MGM Resorts International and Caesars Entertainment, and staves off a Fourth of July strike on the boardwalk.

Wall Street Journal US Business
Jul 03, 2022

Economy Week Ahead: Focus on Hiring, Fed Minutes and Trade
Indicators to cast light on inflation, supply chains, employment and growth.

Wall Street Journal US Business
Jul 03, 2022

American Airlines Computer Glitch Disrupts Pilots' Schedules
The carrier's pilots union says it is in talks with the airline to compensate pilots to helm flights they were mistakenly permitted to cancel from their itineraries.

Wall Street Journal US Business
Jul 03, 2022

'Minions' Brings Families Back to Movie Theaters
The latest film in the "Despicable Me" franchise posted the strongest opening weekend for an animated feature since before the pandemic.

Wall Street Journal US Business
Jul 03, 2022

China's Slowdown Could Tamp Down Global Inflation
Growth in the world's second-largest economy has tumbled this year as Covid-19 outbreaks triggered mass lockdowns and business closures. But there could be a silver lining for the rest of the world.

Wall Street Journal US Business
Jul 03, 2022

How Food Became Putin's New Strategic Weapon
Russia has used its increased leverage over food exports from Ukraine to divide the international community and expand influence over developing economies in the Middle East, Africa and Asia.

Wall Street Journal US Business
Jul 03, 2022

Merck's Covid-19 Pill Prescribed Often in Some Countries Despite Low Efficacy
Doctors in some countries, such as Australia and Japan, are prescribing Merck's Covid-19 antiviral pill more frequently than Pfizer's Paxlovid, citing a risk of drug interactions.

Wall Street Journal US Business
Jul 03, 2022

China's Fast-Fashion Giant Shein Faces Dozens of Lawsuits Alleging Design Theft
At least 50 federal lawsuits in the U.S. alleging trademark or copyright infringement have named Shein or its Hong Kong-based parent company, Zoetop Business, in the past three years.

Wall Street Journal US Business
Jul 03, 2022

Celsius Customers Are Losing Hope for Their Locked-Up Crypto
Three weeks since the crypto lender said it was halting withdrawals, users want answers.

Wall Street Journal US Business
Jul 03, 2022

Americans Have Had It With Inflation
Unable or unwilling to stomach higher prices, many Americans are starting to forgo some purchases and outings—even the smallest luxuries: "I kind of second guess if I really needed to get this extra pack of chips."

Wall Street Journal US Business
Jul 02, 2022

Tesla Vehicle Deliveries Tumble After China Factory Shutdown
A string of record quarterly deliveries came to an end in the second quarter, when Tesla handed over 254,695 vehicles to customers.

Wall Street Journal US Business
Jul 02, 2022

Elvis Presley Movie Is Just the Start of a Flood of 'King' Content
The business of the King of Rock 'n' Roll lives on through new content and image licensing.

Wall Street Journal US Business
Jul 02, 2022

Biden Administration Weighs Move to Trim Mortgage Costs as Home Prices Rise
Mortgage industry officials say an insurance cut for FHA-backed loans would help entry-level buyers. Republicans say it could increase prices.

Wall Street Journal US Business
Jul 02, 2022

Elon Musk Returns to Twitter, Posting Photo With Pope
The billionaire chief executive of Tesla is normally a prolific user of Twitter, which he is seeking to buy in a $44 billion takeover, but had not tweeted since June 21, his longest absence for years.

Wall Street Journal US Business
Jul 01, 2022

Jerry Hall Files for Divorce From Rupert Murdoch
The model and actress filed for divorce on Friday, citing "irreconcilable differences" and seeking spousal support.

Wall Street Journal US Business
Jul 01, 2022

Exxon Says Quarterly Profit Could Hit $18 Billion
Second-quarter profit was boosted by the highest prices for oil, gas and refined fuel products in years, as global supply trails demand.

Wall Street Journal US Business
Jul 01, 2022

Walmart, Target Show Divergence on Companies' Abortion Coverage
Walmart doesn't broadly cover abortions for employees. Target does. Other companies scramble to better understand what they cover.

Wall Street Journal US Business
Jul 01, 2022

Risky Borrowers Largely Dodged Bankruptcy This Year. Now the Easy Money Is Ending.
U.S. corporate defaults and bankruptcies stayed muted in the first five months of this year but market volatility, rising interest rates and a potential economic slowdown are making investors nervous about low-rated debt.

Wall Street Journal US Business
Jul 01, 2022

McDonald's Dollar Drinks Fade in the Face of Inflation
Some McDonald's locations are axing the chain's U.S. deal offering soda and other cold beverages of any size for a buck as restaurant owners try to manage a record spate of inflation.

Wall Street Journal US Business
Jul 01, 2022

Eurozone Inflation Hits New High, Pressuring ECB
Consumer prices were 8.6% higher than a year earlier, the highest since records began, adding pressure on policy makers to raise their key rate more aggressively.

Wall Street Journal US Business
Jul 01, 2022

Airbus Wins First Major China Jet Order Since Before Pandemic
China placed a large order on behalf of three of its biggest airlines for close to 300 jets from Airbus, the first major commitment from China to new planes since before the onset of the pandemic.

Wall Street Journal US Business
Jul 01, 2022

Health-Insurance Providers Begin Publishing Prices for Medical Care
Insurers and employers began publicly posting the prices they pay for healthcare services ranging from doctor visits to lab tests, hugely expanding a federally mandated effort to unveil the long-secret rates.

Wall Street Journal US Business
Jul 01, 2022

GM Says Unfinished Cars to Hurt Quarterly Results
General Motors said it built about 95,000 vehicles without certain semiconductors and other parts and had to set the cars aside instead of shipping them to dealers, weighing on its second-quarter results.

Wall Street Journal US Business
Jul 01, 2022

Russia Takes Control of International LNG Project
The move is one of the most drastic responses by the Kremlin so far to the flight of Western companies from Russia in the wake of the country's invasion of Ukraine.

Wall Street Journal US Business
Jul 01, 2022

Kohl's Scraps Talks for Sale to Franchise Group
The retailer ended talks for an $8 billion sale to Vitamin Shoppe owner Franchise Group amid rising interest rates and an uncertain retail environment. Shares fell 11% premarket.

Wall Street Journal US Business
Jul 01, 2022

Companies Raise Less Capital as Markets Drop, Interest Rates Rise
Battling high inflation, rising interest rates and an uncertain economic outlook, U.S. businesses took on less new debt and other types of funding during the first half of the year compared with the prior-year period.

Wall Street Journal US Business
Jul 01, 2022

Cooling Demand for Goods Threatens to Turn Pandemic Boom Into Bust
Surveys of manufacturers told a similar story whether the factory was in South Korea or Italy: Output is falling or is rising at a slower pace, driven by declines in new orders, and particularly those from overseas buyers.

Wall Street Journal US Business
Jul 01, 2022

U.S.-China Competition Zeroes In on Growth
President Biden's statement that U.S. gross domestic product might grow faster this year than China's has struck a nerve in Beijing

Wall Street Journal US Business
Jul 01, 2022

The iPhone's Creators Reveal the Consequences They Never Expected
Not even Apple's own execs—with front-row seats for the development of the iPhone's key features—quite knew how they would change the world.

Wall Street Journal US Business
Jul 01, 2022

Port Labor Talks Enter New, High-Stakes Phase With Contract Expiring
The contract governing West Coast dockworkers runs out late Friday. Some importers are already rerouting cargo away from the big trans-Pacific gateways amid fears of slowdowns and disruptions.

Wall Street Journal US Business
Jul 01, 2022

Auto Sales Expected to Slide, Prices to Soar
Supply-chain kinks continued to suppress vehicle inventory and sales in the first half of the year, exacerbating a seller's market that has pushed new-car prices to record highs.

Wall Street Journal US Business
Jul 01, 2022

Bed Bath & Beyond Burns Through Cash Reserves
As it searches for a new CEO, the retailer is working with financial advisers and looking to sell Buybuy Baby.

Wall Street Journal US Business
Jul 01, 2022

How America's Summer Vacation Came Back Stronger Than Ever
Data show Juneteenth and workcations encourage more frequent and longer family getaways, even as business travel remains depressed.

Wall Street Journal US Business
Jul 01, 2022

Atlantic City Casino Workers Reach Labor Pacts With Caesars, MGM
The deals avoid strikes at the Borgata, Harrah's and other properties while talks continue at Hard Rock to avoid a walkout as the union seeks higher wages.

Wall Street Journal US Business
Jun 30, 2022

SpaceX Wins OK to Connect Planes, Boats and Other Vehicles to Internet Service
The FCC authorized the Elon Musk-led company to link vehicles through its Starlink unit.

Wall Street Journal US Business
Jun 30, 2022

Atlantic City Casino Workers, MGM Reach Labor Agreement
Talks are continuing at Caesars Entertainment to avoid a Fourth of July walkout as the union seeks higher wages.

Wall Street Journal US Business
Jun 30, 2022

Musk Takes Unusually Long Twitter Break
The billionaire is trying complete a planned $44 billion deal to buy the social-media platform.

Wall Street Journal US Business
Jun 30, 2022

Black-Owned Media Venture Eyes Big Acquisitions, Including Bustle Parent
Group Black, a company that aims to invest in and develop Black-owned media firms, was co-founded last year by three Black entrepreneurs.

Wall Street Journal US Business
Jun 30, 2022

Former Apple Lawyer Pleads Guilty to Insider Trading
Gene Levoff was charged in 2019 with sifting trading tips from undisclosed earnings releases he oversaw.

Wall Street Journal US Business
Jun 30, 2022

Unity Software Becomes Latest Tech Company to Announce Layoffs
The maker of tools for creating mobile games is laying off around 4% of its workforce.

Wall Street Journal US Business
Jun 30, 2022

RH Shares Tumble as Furniture Retailers Grapple With Slower Spending
RH, formerly Restoration Hardware, is the latest furniture seller to brace for a sharp slowdown in sales, as mortgage rates rise and consumers pull back spending on sofas, beds and other furnishings.

Wall Street Journal US Business
Jun 30, 2022

Micron Shares Slump on Muted Sales Forecast
Memory-chip maker feels the pinch from consumer-spending weakness after two red-hot years.

Wall Street Journal US Business
Jun 30, 2022

GM Slowly Ramps Up Hummer EV Output
The auto maker has a waiting list of 77,000 prospective buyers, but is making about 12 a day—trailing the pace of similar offerings from Ford and Rivian.

Wall Street Journal US Business
Jun 30, 2022

General Motors Slowly Ramps Up Electric Hummer Production
Auto maker has a waiting list of 77,000 prospective buyers, but is making about 12 a day—trailing pace of similar offerings from Ford and Rivian.

Wall Street Journal US Business
Jun 30, 2022

Atlantic City Casino Workers Prepare to Strike for Higher Wages
Workers could walk out over Fourth of July weekend.

Wall Street Journal US Business
Jun 30, 2022

Cooling Consumer Spending Points to Further Economic Slowdown
Household spending in May rose at the slowest rate this year. Some economists see a second-straight quarterly contraction.

Wall Street Journal US Business
Jun 30, 2022

RH Cuts Financial Targets, as Furniture Retailers Face Slower Consumer Spending
RH, formerly Restoration Hardware, is the latest furniture seller to brace for a sharp slowdown in sales, as mortgage rates rise and consumers pull back spending on sofas, beds and other furnishings.

Wall Street Journal US Business
Jun 30, 2022

Sunshine and Glistening Seas on the Cover of Your Beach Read Might Mask Something Darker
Publishers put a blue sky and sand dunes on the cover no matter the subject; ‘The Hemlock Sisters' becomes ‘The Sunshine Sisters.'

Wall Street Journal US Business
Jun 30, 2022

Inflation Stayed High in May, According to Fed's Preferred Measure
The pace of consumer price increases held steady last month at close to a four-decade high.

Wall Street Journal US Business
Jun 30, 2022

China's Economy Returns to Growth Mode as Covid-19 Lockdowns Lift
Economic activity expanded in June after three months of contraction, according to official surveys of businesses and factories, but economists are downbeat about the prospects for a major revival.

Wall Street Journal US Business
Jun 30, 2022

High Court Limits EPA on Emissions
The Supreme Court ruled federal regulators exceeded their authority in seeking to limit emissions from coal plants, in a decision that sharply curtails the executive branch's authority to make policy on a range of issues without congressional direction. The blockbuster ruling is likely to rein in President Biden's ability to address climate change.

Wall Street Journal US Business
Jun 30, 2022

Supreme Court Limits EPA Authority to Curb Emissions
The court said the Environmental Protection Agency overstepped its authority in 2015 when it tried to limit greenhouse-gas emissions from power plants. It sided with a coalition of Republican-leaning states and coal producers that argued wide-reaching policies should come from Congress, not agency-level regulators.

Wall Street Journal US Business
Jun 30, 2022

Supreme Court Puts Brakes on EPA in Far-Reaching Decision
The court ruled regulators exceeded their authority in seeking to limit emissions from coal plants, sharply curtailing the executive branch's authority to make policy on a range of issues without congressional direction.

Wall Street Journal US Business
Jun 30, 2022

Supreme Court Puts Limits on EPA in Far-Reaching Decision
The Supreme Court ruled federal regulators exceeded their authority in seeking to limit emissions from coal plants, in a decision that sharply curtails the executive branch's authority to make policy on a range of issues without congressional direction. The blockbuster ruling is likely to rein in President Biden's ability to address climate change.

Wall Street Journal US Business
Jun 30, 2022

Mortgage Rates Drop After Three Weeks of Increases
Mortgage rates declined this week but remain near multiyear highs, helping make it the least affordable time to purchase a home since before the financial crisis.

Wall Street Journal US Business
Jun 30, 2022

U.S. Jobless Claims Edged Lower Last Week
Employers are holding on to workers as other signs suggest the economy is losing momentum.

Wall Street Journal US Business
Jun 30, 2022

Walgreens Profit Shrinks After Opioid Deal, Fewer Vaccinations
The drugstore chain paid $683 million to Florida to resolve claims related to the distribution of prescription opioid medications.

Wall Street Journal US Business
Jun 30, 2022

Geithner Says Fed Pivot Spotlights Need for Treasury Overhaul
A panel chaired by the former Treasury Secretary Timothy Geithner has released an update on the status of recommendations for the $23 trillion U.S. government debt market.

Wall Street Journal US Business
Jun 30, 2022

Consumer Spending Gains Cooled in May
U.S. consumer spending pulled back to 0.2% last month as shoppers struggled with high inflation.

Wall Street Journal US Business
Jun 30, 2022

Tencent, ByteDance Implement Fresh Layoffs Amid China's Economic Pains
The latest round of job cuts at Chinese tech giants comes even as Beijing signals an easing of its regulatory campaign against the tech sector.

Wall Street Journal US Business
Jun 30, 2022

Russian Gas Cuts Push Uniper Into Bailout Talks
The German utility, one of Europe's largest, said earnings would be hit hard after Russia's Gazprom slashed natural-gas deliveries via the Nord Stream pipeline.

Wall Street Journal US Business
Jun 30, 2022

Pfizer Asks FDA to Fully Approve Its Covid-19 Pill
Approval of Paxlovid, which has been available under an Food and Drug Administration authorization for use during the pandemic, would allow Pfizer to market and sell it commercially.

Wall Street Journal US Business
Jun 30, 2022

Qualcomm's Apple Slice Still Has an Expiration Date
Apple's reported struggle to develop in-house modem chip only delays the inevitable, but the extra cash flow can help Qualcomm diversify further.

Wall Street Journal US Business
Jun 30, 2022

Trucking Company Schneider Invests in Chemicals Supply Marketplace
Trucking company Schneider National is looking to expand its role in chemical distribution through an investment in a startup that is building an online marketplace for industrial raw materials.

Wall Street Journal US Business
Jun 30, 2022

China's Economy Returns to Growth Mode as Covid Lockdowns Lift
Economic activity expanded in June after three months of contraction, according to official surveys of businesses and factories, but economists are downbeat about the prospects for a major revival.

Wall Street Journal US Business
Jun 30, 2022

Aerojet Rocketdyne CEO Poised to Win Proxy Fight Against Executive Chairman
Shareholders appear set to elect the eight-person board slate put forth by CEO Eileen Drake based on the votes that have come in ahead of the shareholder meeting Thursday.

Wall Street Journal US Business
Jun 29, 2022

Spirit Air's Board Pushes Shareholder Meeting on Frontier Bid for Second Time
Frontier and JetBlue sweetened their rival offers in recent days as the scheduled deadline loomed.

Wall Street Journal US Business
Jun 29, 2022

Niantic Lays Off 8% of Its Workforce and Stops Some Projects
The "Pokémon Go" creator was a pioneer in augmented-reality videogaming but has struggled to produce new hits.

Wall Street Journal US Business
Jun 29, 2022

Cyberattack Prevents Macmillan From Shipping Its Books to Retailers
Macmillan, one of the largest book publishers in the U.S., said it has been hit by a cyberattack, and book retailers said they were unable to place new orders from the publisher.

Wall Street Journal US Business
Jun 29, 2022

Xerox CEO John Visentin Dies
The tech company says its operations chief, Steve Bandrowczak, will serve as its interim CEO.

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