Special
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University of California will end use of SAT and ACT in admissions
Given the size and influence of the California system, whose marquee schools include the UCLA and the UC Berkeley, the move is expected to accelerate colleges away from the tests, amid charges that they are unfair to poor and minority students
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.jpg?impolicy=website&width=360&height=270 "China moves to tighten its control of Hong Kong")
China moves to tighten its control of Hong Kong
The proposal revives the threat of violent demonstrations that convulsed the city for months
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Ten interesting things we read this week
Some of the most fascinating topics covered this week are: Finance (A new term emerging in this crisis), Business (The world's most coveted commodity right now; crash of the global flower business trade), and Coronavirus (The pandemic stress test; When fury overcomes fear; India's revival plan must focus on cities)
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Pakistan plane crash could be among the worst in five years
A Pakistan International Airlines aircraft has crashed near a residential neighbourhood in Karachi. While we await more details, a look at the biggest crashes of the past five years
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Jio bags fifth investment, from KKR
In the last month, Mukesh Ambani-owned Jio Platforms has raised $10.3 billion or Rs 78,562 crore
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Johnson & Johnson ends talc-based baby powder sale in North America
The company has faced thousands of lawsuits from cancer patients who claim that its talc was contaminated with asbestos, a known carcinogen, and that the company knew of the risks
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Coronavirus vaccine trial by Moderna shows promising early results
If trials go well, a vaccine could become available for widespread use by the end of this year or early 2021
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Michael Jordan's game-worn sneakers sell for $560,000
The sale took place on the same day as ESPN aired the finale of "The Last Dance," a 10-part documentary about Jordan's career
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General Atlantic becomes fourth big investor in Reliance's Jio Platforms
Jio has now raised nearly Rs 68,000 crore in under four weeks
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Ten interesting things we read this week
Some of the most fascinating topics covered this week are: Investing (Detecting business fraud), Economy (Case for negative interest rates), Integrity (Tim Cook says no to FBI's backdoor entry to iPhone), Business (Can Neobanks succeed in India?) and Technology (Big Tech got even bigger in the Covid-19 era)
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Decoding India's Rs 6 trillion stimulus
Of the proposed Rs 20 lakh crore fund that PM Modi announced, Finance Minister Nirmala Sitharaman divulged details for Rs 6 lakh crore on Wednesday. Where is that money going?