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Financial Performance

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MADISON, Wis. (AP) — Democratic Gov. Tony Evers and Republican legislative leaders disagreed Tuesday over what to do with $4.4 billion in revenue the state is projected to receive above expectations, an unprecedented boost in tax collections attributed to an improved economy emerging from the coronavirus pandemic.

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Massachusetts Attorney General Maura Healey has been a leader in the legal push to hold companies and individuals accountable for the U.S. opioid addiction and overdose epidemic, which has been linked to nearly 500,000 deaths over the last two decades.

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CHARLESTON, W.Va. (AP) — In a new court filing, West Virginia Gov. Jim Justice blamed a bankrupt U.K. bank for fraudulently inducing him into personally guaranteeing $700 million in loans that were taken out by his companies.

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HONOLULU (AP) — Hawaii's Council on Revenues on Tuesday sharply increased its tax revenue forecast for the state to reflect rebounding spending by residents and a growing number of tourists visiting the islands more than a year after the coronavirus pandemic first hit the state.

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ATLANTIC CITY, N.J. (AP) — The Atlantic City casinos' gross operating profit soared in the first quarter of this year to more than $95 million, more than three times the amount they earned in the first quarter of 2020, when the COVID-19 shutdown wiped out half of March.

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ALBUQUERQUE, N.M. (AP) — New Mexico’s financial assurance requirements for oil and gas wells, pipelines and related infrastructure fall far short of what would be needed to offset closure and cleanup costs, according to the findings of an independent study released Thursday.

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LONDON (AP) — The business empire of Liberty Steel owner Sanjeev Gupta, including its financing arrangements with bankrupt Greensill Capital U.K., is being investigated by Britain's Serious Fraud Office, the agency said Friday.

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NEW YORK (AP) — Disney second-quarter revenue dropped as the pandemic continued to weigh on its parks and theme parks. Disney+ subscriptions continued to surge but missed some analyst expectations. Still, net income beat expectations and CEO Bob Chapek said signs of recovery can be seen across the company's business as the pandemic begins to wane.

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LONDON (AP) — Former British Prime Minister David Cameron said Thursday he never suspected that a financial services company he lobbied for would go under, threatening thousands of jobs at a steel firm it helped finance.

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