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Britain Signals Harder Look at Wealthy Russians and Russian Wealth

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Britain Signals Harder Look at Wealthy Russians and Russian Wealth Photo Russians waiting at the Russian Embassy in London to cast their votes in the presidential election this month. The British government said this week it would review the cases of 700 Russians who were granted visas to live in Britain largely because they could invest in the country. Credit Tim Ireland/Associated Press LONDON — For years, anticorruption campaigners have railed against Britain’s openness to ill-gotten riches from overseas and the foreigners who invest them. After a nerve agent attack on British soil, and the resulting diplomatic showdown between Russia and the West, that may be starting to change.
The British government said this week that it would review the cases of 700 Russians who were granted visas to live in Britain largely because they could invest millions of dollars in the country. And it signaled an openness to cutting off access to British financial markets for President Vladimir V. Putin’..

Wheels: Virtual Reality Is Carmakers’ Latest Selling Tool, at Shows and in Showrooms

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Supported by Business Day Virtual Reality Is Carmakers’ Latest Selling Tool, at Shows and in Showrooms Photo An engineer, Howard Lin, fine-tuning the Dodge Drag Strip Simulator for this year’s New York International Auto Show. Credit Joshua Bright for The New York Times Advances in microprocessor and electronic-sensor technology have helped turn today’s car into an immersive multimedia experience spread across high-definition screens. But car companies do not limit the technological flash to the inside of the car — high-tech, gaming-inspired marketing pitches are following right on its bumper.
Automakers are offering augmented reality experiences, video displays that involve the viewer and lifelike virtual reality simulations to lure buyers. The most sophisticated executions are developed primarily for events like the New York International Auto Show, opening to the public on Friday.
At shows filled with outrageous concept cars and shiny models making their debuts, it takes more t..

Common Sense: Facebook Falls From Grace, and Investors’ Stock Holdings Tumble Too

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Supported by Business Day Facebook Falls From Grace, and Investors’ Stock Holdings Tumble Too Photo Jeff Zuckerberg’s company has lost $100 billion in market capitalization since hitting its peak on Feb. 2. Credit Drew Angerer/Getty Images Over the last half decade, few stocks have been more beloved by investors and Wall Street analysts than Facebook. No wonder: After a rocky initial public offering in 2012, it has rolled over one obstacle after another, including the shift to mobile computing and the rise of photo sharing. It delivered revenue and user growth that surpassed even the most optimistic projections.
By the end of last year, Facebook had 2.2 billion active users. Its stock rose 53 percent last year, single-handedly accounting for 3.7 percent of the 21.8 percent gain in the Standard & Poor’s 500-stock index, according to S.&P. Dow Jones Indices. By early February, its market capitalization had surpassed $560 billion, making it the fifth most valuable company in the inde..

Once Home to U.K.’s Jews, Labour Party Is Embroiled in Anti-Semitism Claims

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Once Home to U.K.’s Jews, Labour Party Is Embroiled in Anti-Semitism Claims Photo A rally in London on Monday against anti-Semitism in the Labour Party. One Labour lawmaker said anti-Semitism in the party was “more conspicuous, more commonplace and more corrosive” than at any time she could remember. Credit Jack Taylor/Getty Images LONDON — The mural emblazoned on a wall in east London has long been painted over, but the image remains jarring: a group of caricatured, stereotypically Jewish bankers playing Monopoly on the backs of the poor.
So when it appeared in the Twitter feed of a British lawmaker — along with a question about why the leader of her opposition Labour party, Jeremy Corbyn, once opposed its removal — Luciana Berger wanted answers.
I asked the Leader’s Office for an explanation about this Facebook post first thing this morning. I’m still waiting for a response. pic.twitter.com/DL8ynBtES4
— Luciana Berger (@lucianaberger) March 23, 2018 For hours, she heard nothing fr..