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Fighting Climate Change, One Laundry Load at a Time

Experts in the study of fungi are playing a bigger role in improving laundry detergents and, by extension, leading efforts to cut energy use. Two Novozymes employees, Sara Landvik, left, and Mikako Sasa, looking for mushrooms in Hareskoven Forest, near Copenhagen. The company studies enzymes that speed up chemical reactions ...

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Democrats in High-Tax States Plot to Blunt Impact of New Tax Law

Advertisement Democrats in high-cost, high-tax states are plotting ways to do what their states’ representatives in Congress could not: blunt the impact of the newly passed Republican tax overhaul. Governors and legislative leaders in New York, California and other states are considering legal challenges to elements of the law that ...

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Why Are Mutual Fund Fees So High? This Billionaire Knows

Advertisement The billionaire investor Ronald S. Baron flashed the grin of a proud father at his annual investor jamboree in November, as the chief executives of his favorite companies explained how slashing prices stoked their bottom lines. That is, until a shareholder in one of his mutual funds drew an ...

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China Offers Tax Incentives to Persuade U.S. Companies to Stay

Advertisement BEIJING — China said on Thursday that it would temporarily exempt foreign companies from paying tax on their earnings, a bid to keep American businesses from taking their profits out of China following Washington’s overhaul of the United States tax code. There is, however, a catch: To be eligible, ...

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Once a Cash Cow, Venezuela’s Oil Company Now Verges on Collapse

Advertisement PUNTO FIJO, Venezuela — A general with no energy experience has been installed as the head of the state oil company. Arrests, firings and desperate emigration have gutted top talent. Oil facilities are crumbling, while production is plummeting. As the rest of the oil-producing world recovers on the back ...

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