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Wall Street Journal US Business
Apr 22, 2021

Intel CEO Sees Prolonged Chip-Supply Constraints
Intel said first-quarter sales fell 1% to $19.7 billion, generating $3.4 billion in net income.

Wall Street Journal US Business
Apr 22, 2021

Intel's Earnings Retreat as CEO Gelsinger Works Toward Revival
Intel on Thursday said first-quarter sales fell 1% to $19.7 billion, generating $3.4 billion in net income.

Wall Street Journal US Business
Apr 22, 2021

GOP Senators Release Outline of $568 Billion Infrastructure Plan
The two-page Republican plan, a narrower alternative to President Biden's $2.3 trillion plan, doesn't provide specifics on how it would cover the cost of the bill, a central issue in the talks.

Wall Street Journal US Business
Apr 22, 2021

Existing-Home Prices Climb on Tight Supply
Existing-home sales dropped 3.7% in March from February and the median sales price climbed to a record as a shortage of homes for sale limited transactions.

Wall Street Journal US Business
Apr 22, 2021

As Covid-19 Vaccines Lag, Europe Keeps Cheap Money Flowing
The European Central Bank kept its monetary stimulus unchanged, seeking to support governments and businesses through a fresh wave of Covid-19 infections that likely tipped the eurozone back into recession early this year.

Wall Street Journal US Business
Apr 22, 2021

Jobless Claims Hit New Pandemic Low
Worker filings for jobless claims reached another Covid-19 low at 547,000 last week, the Labor Department said, a sign the labor market is strengthening.

Wall Street Journal US Business
Apr 22, 2021

Southwest, American Say Leisure Travel Is Rebounding
Airline executives said travel demand hit an inflection point in February or March, after languishing for most of last year. They hope the trend will continue into the summer vacation season.

Wall Street Journal US Business
Apr 22, 2021

Eldridge-Backed SPAC Scoops Up Ticket Reseller Vivid Seats
The deal values the pandemic-hit company at about $2 billion as Todd Boehly bets on a concert and sports rebound.

Wall Street Journal US Business
Apr 22, 2021

Intel's Earnings Are Expected to Retreat
Intel will report its first quarterly earnings Thursday since new CEO Pat Gelsinger took the helm and started fast-tracking efforts to re-energize the semiconductor giant.

Wall Street Journal US Business
Apr 22, 2021

Jobless Claims Hit Pandemic Low
Worker filings for jobless claims reached another Covid-19 low at 547,000 last week, the Labor Department said Thursday, a sign the labor market is strengthening.

Wall Street Journal US Business
Apr 22, 2021

ECB Keeps Monetary Stimulus On Track Amid Recession Concerns
The European Central Bank kept its monetary stimulus unchanged, seeking to support governments and businesses through a fresh wave of Covid-19 infections that likely tipped the eurozone back into recession early this year.

Wall Street Journal US Business
Apr 22, 2021

AT&T's Revenue Rises as Wireless Unit, HBO Add Customers
AT&T added cellphone users, fiber-optic internet customers and HBO viewers during the first quarter, as the economy starts to come back after a year of coronavirus-related pressure.

Wall Street Journal US Business
Apr 22, 2021

At-Home Coffee Boom During Pandemic Powers Sales at Nestle
The packaged-food giant's focus on coffee is paying off, as consumers turned to Nespresso pods and Starbucks-branded products.

Wall Street Journal US Business
Apr 22, 2021

At-Home Coffee Boom During Pandemic Powers Sales at Nestlé
The packaged-food giant's focus on coffee is paying off, as consumers turned to Nespresso pods and Starbucks-branded products.

Wall Street Journal US Business
Apr 22, 2021

Tesla Should Brace for Impact in China
Tesla had its best month in China in March, but homegrown competitors are emerging.

Wall Street Journal US Business
Apr 22, 2021

Audio Could Perk Up Facebook's Eyes and Ears
The social-media giant is looking to capitalize on the growth of interest in social audio, launching a series of new audio features including a competitor to Clubhouse.

Wall Street Journal US Business
Apr 22, 2021

Overtime Raises $80 Million From Jeff Bezos, Drake, NBA Stars and Others
Overtime Sports, which targets younger fans on digital and social platforms, has raised $80 million in funding to pursue plans including the launch of its own high-school basketball league.

Wall Street Journal US Business
Apr 22, 2021

Netflix, Disney and Amazon's Streaming Wars Heat Up Overseas
With the U.S. market saturated, the companies are slowing Hollywood exports and spending billions of dollars to make international content.

Wall Street Journal US Business
Apr 22, 2021

Netflix, Disney and Amazons's Streaming Wars Heat Up Overseas
With the U.S. market saturated, the companies are slowing Hollywood exports and spending billions of dollars to make international content.

Wall Street Journal US Business
Apr 22, 2021

Jobless Claims Likely Held Near Pandemic Low
The recent drop in worker filings for unemployment benefits adds to evidence that the labor market and the economy are strengthening.

Wall Street Journal US Business
Apr 21, 2021

Corporate Tech Leaders Are Mixed on EU Artificial Intelligence Bill
Some technology executives say a proposed clampdown by European regulators on the use of artificial intelligence will run up costs and stifle innovation. Others say stronger oversight will help build public trust in AI systems.

Wall Street Journal US Business
Apr 21, 2021

SmartRent to Merge With Fifth Wall SPAC in $2.2 Billion Deal
The seller of smart home-technology systems has also attracted a $155 million investment from a group including Blackstone, Starwood Capital and Lennar.

Wall Street Journal US Business
Apr 21, 2021

Apple, Google Come Under Fire at Senate Antitrust Hearing
Lawmakers and mobile app companies took aim in a hearing focused on competition concerns about the tech giants' power over their smartphone ecosystems.

Wall Street Journal US Business
Apr 21, 2021

T-Mobile's Former Chief Collected $137 Million in 2020
Much of the payment to John Legere hinged on the carrier's consummation of its merger with Sprint, which has been a boon to investors.

Wall Street Journal US Business
Apr 21, 2021

U.S. Blacklists State-Owned Myanmar Timber and Pearl Companies
The sanctions come as the U.S. ramps up pressure on the military regime in Myanmar.

Wall Street Journal US Business
Apr 21, 2021

Hertz Proposes Shareholder Payout as Part of Bankruptcy-Exit Plan
Hertz Global Holdings said an improved bankruptcy plan would provide some value to equity holders, vindicating the individual traders who have insisted the company is worth something despite its bankruptcy filing.

Wall Street Journal US Business
Apr 21, 2021

AI Experts Even More in Demand as Economy Opens Up
There were 37,000 AI job postings in the first quarter of this year.

Wall Street Journal US Business
Apr 21, 2021

Walmart Is Pulling Plug on More Robots
The retailer has been phasing out automated pickup towers for online orders as curbside services have become popular.

Wall Street Journal US Business
Apr 21, 2021

Ford Prolongs Shutdowns at Several U.S. Plants Due to Chip Shortage
The auto giant is planning more downtime at five North American factories due to a global semiconductor shortage, further disrupting output of a popular SUV and the F-150 pickup.

Wall Street Journal US Business
Apr 21, 2021

Silicon Valley's Deal Machine Is Cranking
Years into a boom for venture capital, deal flow and valuations are reaching new peaks, and among the biggest beneficiaries are the companies vying to become the next big social-media platform.

Wall Street Journal US Business
Apr 21, 2021

FDA Finds Poor Conditions at Contractor's Plant Making J&J Vaccine
Inspectors found that the Emergent BioSolutions plant that was helping make Johnson & Johnson's Covid-19 shot didn't maintain clean and sanitary conditions, and didn't follow procedures to prevent contamination.

Wall Street Journal US Business
Apr 21, 2021

You & Mr Jones Forms New Media Division Led by Former Mindshare CEO Nick Emery
Nick Emery, the former global chief executive of Mindshare, part of WPP's GroupM ad-buying unit, is joining You & Mr Jones as a founding partner of the marketing firm's newly launched media division.

Wall Street Journal US Business
Apr 21, 2021

EU Plans Curbs to Artificial Intelligence, Facial Recognition
The European Union's executive arm proposed a bill that would limit police use of facial-recognition software in public and ban the marketing or use of certain kinds of AI systems, in one of the broadest efforts yet to regulate high-stakes applications of artificial intelligence.

Wall Street Journal US Business
Apr 21, 2021

Unions, Big Businesses Helped Biden Inaugural Committee Raise Millions
Pfizer, Uber and Lockheed Martin were among the dozen organizations that each gave $1 million to the largely virtual event.

Wall Street Journal US Business
Apr 21, 2021

Researchers Uncover Advertising Scam Targeting Streaming-TV Apps
Fraudsters infected nearly one million mobile devices with software that mimicked streaming-TV apps and collected revenue from unsuspecting advertisers, according to a cybersecurity company.

Wall Street Journal US Business
Apr 21, 2021

The Job Market Is Tighter Than You Think
Solid wage growth and unfilled openings point to much less slack than after the previous recession.

Wall Street Journal US Business
Apr 21, 2021

Pfizer Identifies Fake Covid Shots Abroad as Criminals Exploit Vaccine Demand
In Mexico, about 80 people received fraudulent doses, and in Poland authorities recovered vials containing anti-wrinkle drugs.

Wall Street Journal US Business
Apr 21, 2021

Startups Crack Records as More Money Flows to Silicon Valley
Years into a boom for venture capital, deal flow and valuations are reaching new peaks, and among the biggest beneficiaries are the companies vying to become the next big social-media platform.

Wall Street Journal US Business
Apr 21, 2021

Americanization of European Sports Seems Inevitable
Plans for a soccer Super League are falling through, but a shakeup that brings European tournaments closer to U.S. peers is in the interest of both viewers and the most popular clubs.

Wall Street Journal US Business
Apr 21, 2021

NBCUniversal Hires Nielsen Executive to Expand Its Measurement Work
The media giant named Kelly Abcarian to be executive vice president of measurement and impact.

Wall Street Journal US Business
Apr 21, 2021

Facial Recognition, AI Face Curbs in EU
The European Union's executive arm proposed a bill that would limit police use of facial-recognition software in public and ban the marketing or use of certain kinds of AI systems, in one of the broadest efforts yet to regulate high-stakes applications of artificial intelligence.

Wall Street Journal US Business
Apr 21, 2021

'Gifting-as-a-Service' Companies Want to Rid the World of Unused Corporate Swag
Goodbye, oversized branded T-shirts? Businesses like Alyce and Snappy raise cash as the reinventors of corporate gifting.

Wall Street Journal US Business
Apr 21, 2021

Energy Giants Ditch Oil and Coal Assets. Smaller Rivals Want Them.
BP, Rio Tinto and others are selling the projects for financial and environmental reasons, in a possible boon for those companies that want to double down on fossil fuels.

Wall Street Journal US Business
Apr 21, 2021

Snarled Supply Chain Trips Up Small Businesses
Shortages and delays in supplies are squeezing business owners. A Pennsylvania maker of packaging products even has trouble tracking down wooden pallets.

Wall Street Journal US Business
Apr 21, 2021

Tesla Apologizes for Its Handling of China Customer After Outcry
The car maker's public apology follows criticism from Communist Party body that the company is arrogant and sells defective products.

Wall Street Journal US Business
Apr 20, 2021

Purdue's Sackler Family Owners Worth $11 Billion, Documents Show
Summaries of the family wealth, turned over to Rep. Carolyn Maloney (D., N.Y.), also were seen by Purdue's creditors during settlement talks, according to representatives for the two branches of the company's family owners.

Wall Street Journal US Business
Apr 20, 2021

Foxconn Shrinks Plans for Wisconsin Plant
The contract electronics maker signed a new deal with the state to invest as much as $672 million, instead of up to $10 billion.

Wall Street Journal US Business
Apr 20, 2021

Amazon Does Haircuts Now
Amazon.com has opened its first hair salon in London.

Wall Street Journal US Business
Apr 20, 2021

Biden to Back Temporary Extension of Larger Child Tax Credit
Some Democratic lawmakers have pressed for a permanent change to the payments.

Wall Street Journal US Business
Apr 20, 2021

Apple Unveils Subscription Podcasts, Latest iPad Pro
The tech giant added a paid subscription to its podcast app that heightens its competition with Spotify, along with other new products including an updated high-end iPad.

Wall Street Journal US Business
Apr 20, 2021

Netflix Subscriber Growth Slows as Economies Reopen
Subscriptions at the streaming giant surged last year, but consumers are now looking to get out.

Wall Street Journal US Business
Apr 20, 2021

Simon & Schuster Says Pence Book to Proceed, Despite Employee Petitions
"We come to work each day to publish, not cancel," CEO Jonathan Karp said in a letter to staffers.

Wall Street Journal US Business
Apr 20, 2021

Discord Ends Deal Talks With Microsoft
The chat startup has decided to remain independent as it resumes interest in a potential initial public offering.

Wall Street Journal US Business
Apr 20, 2021

Tribune Publishing Sets Date for Shareholder Vote on Alden Bid
The May 21 deadline narrows the window for competing bidder Stewart Bainum Jr. to firm up financing.

Wall Street Journal US Business
Apr 20, 2021

Apple Reveals Subscription Podcasts, Latest iPad Pro
The tech giant kicked off an event at which it unveiled a paid subscription within its podcast app and its annual update to high-end iPads, among other new products.

Wall Street Journal US Business
Apr 20, 2021

China, U.S. Close to Naming New Ambassadors as Rivalry Grows
Beijing plans to appoint Qin Gang, a trusted aide to China's President Xi Jinping, and Washington is expected to name R. Nicholas Burns, a veteran diplomat, as the two powers get locked into an increasingly heated competition for global leadership.

Wall Street Journal US Business
Apr 20, 2021

J&J Vaccine Benefits Outweigh Risks, EU Agency Says, as U.S. Cases Rise
A warning about unusual blood clots should be added to product information of the Johnson & Johnson vaccine, the agency said, as a U.S. official said the number of cases of the rare side effect was now nine.

Wall Street Journal US Business
Apr 20, 2021

Biden Increases Seasonal-Worker Visas by 22,000
The Biden administration is making available an additional 22,000 seasonal guest-worker visas this year ahead of the summer season, the Department of Homeland Security said.

Wall Street Journal US Business
Apr 20, 2021

EU Agency Says Benefits of J&J Vaccine Outweigh Risks, Calls for Blood-Clot Warning
The European Union Medicines Agency said a warning should be added to the product information of the Johnson & Johnson vaccine that unusual blood clots with low blood platelets is a very rare possible side effect.

Wall Street Journal US Business
Apr 20, 2021

Omnicom First-Quarter Results Beat Expectations
The New York-based ad giant joined its rival Publicis Groupe in beating analysts' expectations.

Wall Street Journal US Business
Apr 20, 2021

Biden's Big Agenda Relies on a Shrunken, Strained Agency: The IRS
The administration is seeking more money for enforcement and other tasks. Fixes are needed for the problem-plagued system, which allows hundreds of billions of dollars in owed taxes to go uncollected each year.

Wall Street Journal US Business
Apr 20, 2021

Strained IRS is Key to Biden's Agenda
The administration is seeking more money for enforcement and other tasks. Fixes are needed for the problem-plagued system, which allows hundreds of billions of dollars in owed taxes to go uncollected each year.

Wall Street Journal US Business
Apr 20, 2021

Boeing Extends CEO Retirement Age in Vote of Confidence
David Calhoun, 64 years old, will now face a new mandatory retirement age of 70, rather than the company's typical age of 65. The plane maker also said Chief Financial Officer Greg Smith will retire in July.

Wall Street Journal US Business
Apr 20, 2021

Weak Lending in Europe Hampers Covid-19 Recovery
According to the European Central Bank's latest lending survey, companies' demand for loans and credit lines fell for the third quarter in a row, as they postpone investments while the pandemic triggers fresh lockdowns and other restrictions in many parts of Europe.

Wall Street Journal US Business
Apr 20, 2021

Daily Mail Owner Files Antitrust Suit Against Google, Citing Royals Coverage
The suit alleges that Google punishes publishers in search rankings if they don't sell enough advertising space through Google's marketplace.

Wall Street Journal US Business
Apr 20, 2021

J&J's Covid-19 Vaccine Adds $100 Million to Quarterly Sales
In February the vaccine became the third shot to win emergency-use authorization from the FDA, but it is now on pause amid safety concerns.

Wall Street Journal US Business
Apr 20, 2021

Canadian National Makes $30 Billion Topping Bid for Kansas City Southern
The offer is likely to kick off a bidding war for a railroad operator that has already agreed to a sale to another Canadian rival.

Wall Street Journal US Business
Apr 20, 2021

Toshiba Rebuffs CVC Takeover Offer
Toshiba said CVC hadn't provided specific information about the bidding group and its post-acquisition business plan, and the industrial conglomerate preferred to stay a public company.

Wall Street Journal US Business
Apr 20, 2021

Procter & Gamble Will Raise Prices in September
Price increases on baby products, adult diapers and feminine-care brands come as the company reports slowing growth in latest quarter.

Wall Street Journal US Business
Apr 20, 2021

More Hispanic Americans Are Buying Homes
Hispanic homeownership grew at a record pace last year, fueled by younger buyers who have helped make this demographic a growing force in the red-hot U.S. housing market.

Wall Street Journal US Business
Apr 20, 2021

Canadian National Plans to Make Topping Bid for Kansas City Southern
Canadian National Railway Co. is planning to make a roughly $30 billion topping bid for Kansas City Southern, according to people familiar with the matter, likely kicking off a bidding war for a railroad operator that has already agreed to a sale to another Canadian rival.

Wall Street Journal US Business
Apr 20, 2021

New Carbon Market Pays Southern Pine-Growers Not to Cut
Microsoft, Royal Dutch Shell and other companies are paying timberland owners to keep trees standing in an effort to offset emissions.

Wall Street Journal US Business
Apr 20, 2021

Netflix Faces New Test as Economies Reopen
Subscriptions at the streaming giant surged last year, but consumers are now looking to get out.

Wall Street Journal US Business
Apr 20, 2021

Apple Expected to Reveal Latest iPad Pro, Subscription Podcasts
The spring event, to be held at 1 p.m. New York time via the company's website, is expected to show off high-end iPads and introduce a paid subscription option within its podcast app.

Wall Street Journal US Business
Apr 20, 2021

Derby's Take: Amid Republican Concerns, Fed Officials Defend Climate Work
As the Federal Reserves faces pushback from some Republican lawmakers over its deepening involvement in climate change matters, central bank officials are defending their work related to the environment as a key part of their congressionally mandated mission.

Wall Street Journal US Business
Apr 20, 2021

Tax Bills May Go Up for Big Companies. It Will Be Hard to Tell How Much.
Businesses say plans to require additional tax disclosures would be costly and potentially misleading.

Wall Street Journal US Business
Apr 20, 2021

Covid-19 Slashed Emissions. Now They're Climbing Again.
The International Energy Agency expects a 4.8% rise in carbon-dioxide emissions this year, the biggest annual increase since 2010.

Wall Street Journal US Business
Apr 20, 2021

Biden to Increase Seasonal-Worker Visas by 22,000
The Biden administration plans to make an additional 22,000 seasonal guest-worker visas available this year ahead of the summer season, according to people familiar with the decision.

Wall Street Journal US Business
Apr 19, 2021

Elon Musk Weighs In on Fatal Tesla Crash as Safety Officials Investigate
Local authorities believe the Tesla Model S was operating without anyone in the driver's seat when it crashed into a tree Saturday night near Houston, killing both occupants.

Wall Street Journal US Business
Apr 19, 2021

Smaller Corporate Tax Increase Floated at White House Meeting
President Biden met with a bipartisan group of lawmakers about infrastructure, continuing discussions about possibly narrowing the scope of his $2.3 trillion plan or altering its planned tax increases.

Wall Street Journal US Business
Apr 19, 2021

Drugmakers Accused of Causing Opioid Addiction in Trial
J&J, Teva, Endo and AbbVie Inc.'s Allergan say they acted legally.

Wall Street Journal US Business
Apr 19, 2021

Peloton Faces Mounting Pressure to Recall Treadmills
The chairwoman of a House subcommittee said treadmills pose "grave and immediate risks," resulting in dozens of injuries and at least one death. Peloton said it won't stop selling the machines.

Wall Street Journal US Business
Apr 19, 2021

U.S. Weighs Cuts in Cigarette Nicotine
The Biden administration is considering a rule to require tobacco companies to reduce the nicotine in all cigarettes sold in the U.S. to levels at which they are no longer addictive, according to people familiar with the matter.

Wall Street Journal US Business
Apr 19, 2021

IBM's Revenue Growth in Latest Period Beats Wall Street Expectations
IBM posted higher revenue ahead of a landmark split of the business this year that is part of CEO Arvind Krishna's plan to revive growth at the veteran tech company.

Wall Street Journal US Business
Apr 19, 2021

Cloud Business Helps IBM's Revenue Edge Higher
IBM posted higher revenue ahead of a landmark split of the business this year that is part of CEO Arvind Krishna's plan to revive growth at the veteran tech company.

Wall Street Journal US Business
Apr 19, 2021

Tesla Crash, Believed to Be Driverless, Draws Investigations
Local authorities believe the Tesla Model S was operating without anyone in the driver's seat when it crashed into a tree Saturday night near Houston, killing both occupants.

Wall Street Journal US Business
Apr 19, 2021

Apple to Reinstate Parler App
The company has excluded user downloads of the social-media app Parler since January, citing objectionable content.

Wall Street Journal US Business
Apr 19, 2021

U.S. Weighs Cuts in Cigarette Nicotine to Nonaddictive Levels
The Biden administration is considering a rule to require tobacco companies to reduce the nicotine in all cigarettes sold in the U.S. to levels at which they are no longer addictive, according to people familiar with the matter.

Wall Street Journal US Business
Apr 19, 2021

Why Business Leaders Are Taking Political Stands
Companies are feeling pressure from younger customers and their own employees to take a position on voting rights and other issues as the political system's failures force CEOs off the sidelines.

Wall Street Journal US Business
Apr 19, 2021

Nvidia's $40 Billion Deal to Buy Arm Faces U.K. National-Security Probe
The British government said it would investigate Nvidia's $40 billion deal to buy British chip designer Arm from SoftBank, widening the regulatory scrutiny of the proposed transaction.

Wall Street Journal US Business
Apr 19, 2021

Why the Chip Shortage Is So Hard to Overcome
Semiconductor producers are trying to increase output by changing manufacturing processes, opening spare capacity to rivals and swapping over production lines. But the small gains are unlikely to fix the shortfalls hampering production of everything from cars to home appliances to PCs.

Wall Street Journal US Business
Apr 19, 2021

Nvidia's $40 Billion Deal to Buy Arm Under U.K. National Security Investigation
The British government said it would probe Nvidia's $40 billion deal to buy British chip designer Arm from SoftBank, adding new regulatory scrutiny to the proposed deal.

Wall Street Journal US Business
Apr 19, 2021

China's Meituan Seeks $10 Billion War Chest for Drones and Driverless Cars
The company also unveiled a new generation of self-driving delivery cars that it said were smarter and safer than previous versions.

Wall Street Journal US Business
Apr 19, 2021

Union Appeals Amazon Election in Alabama
A union is seeking a new election after employees of an Alabama warehouse voted not to unionize and says the company violated legal restrictions throughout the election. Amazon said it followed all laws.

Wall Street Journal US Business
Apr 19, 2021

Coca-Cola Sales Rebound as Vaccine Rollout Expands
The beverage company said demand steadily improved in the first quarter of this year, and in March sales volume reached the same level it stood in March 2019.

Wall Street Journal US Business
Apr 19, 2021

Omnicom to Acquire Majority Stake in Digital Marketing Company Areteans
The acquisition of Hyderabad, India-based Areteans, which employs 600 people, will expand Omnicom's data and digital consulting unit Credera.

Wall Street Journal US Business
Apr 19, 2021

U.S. Needs to Better Monitor Pipelines in Gulf, Report Says
A new report says the government is failing to adequately monitor oil and gas pipelines for leaks in the Gulf of Mexico and that abandoned pipelines there pose hazards.

Wall Street Journal US Business
Apr 19, 2021

Coca-Cola Posts Higher Quarterly Revenue Amid Pandemic Pressure
The soda maker said continued pressure from beverage sales in bars and restaurants during the Covid-19 pandemic has eclipsed gains from consumption at home.

Wall Street Journal US Business
Apr 19, 2021

Harley-Davidson Hit With EU Tariff Ruling, Plans Appeal
The motorcycle maker said the European Union ruling would apply to its entire product portfolio and subject all products, regardless of origin, to a 56% import tariff within the EU.

Wall Street Journal US Business
Apr 19, 2021

Travel and Tourism Brands Boost Marketing and Tailor Messages
As demand for travel and tourism rises, companies like Expedia and Marriott are investing in new marketing messages.

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