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No Costco for Cranston (for now)


No Costco for Cranston (for now)
Alexa Gagosz
© David Paul Morris
Shopping carts at the entrance to a Costco store.
CRANSTON, R.I. Rhode Islanders looking to save money by shopping at Costco may have to wait even longer for a local warehouse.
On Thursday, the City Council’s Ordinance Committee voted to deny the zoning application by Massachusetts-based developer Coastal Partners LLC, squashing the hope of bringing a Costco store to the area. A previous proposal for the same site, a property on New London Avenue that currently houses Mulligan’s Island Golf & Entertainment, received pushback from the community when it was deliberated in the past. ....

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Starbucks, Walt Disney World relax mask rules after change in CDC guidance


Starbucks, Walt Disney World relax mask rules after change in CDC guidance
Daniella Silva
© Provided by NBC News
Starbucks and Walt Disney World Resort are the latest major companies to relax their mask policies days after the Centers for Disease Control and Prevention announced that people who are fully vaccinated against Covid-19 no longer need to wear face coverings whether indoors or outdoors in most circumstances.
Starbucks said in a statement on its website Friday that facial coverings will be optional for fully vaccinated customers beginning Monday unless local regulations require them by law.
“It is our responsibility to protect our partners and customers, and we are committed to meeting or exceeding all public health mandates,” the company said, citing the CDC recommendations in its announcement. ....

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Hidden man Ian Osborne Spac has built a $ 1.5 billion venture capital firm


Hidden man Ian Osborne Spac has built a $ 1.5 billion venture capital firm
When technology financier Ian Osborne invests in a company, managers have to agree on an unusual clause: not to talk about it without his permission.
Such tactics have flown under the radar of Osborne and his company Hedosophia despite largely participating in high-end investments and buying offerings over the past decade.
With early support from media baron Michael Bloomberg, Hong Kong tycoon Li Ka-shing and German Burda family, the 38-year-old Osborne has quietly created a $ 1.5 billion venture capital business.
According to people familiar with the matter, Alibaba, Ant Financial and the Asian company Airwallex have received an investment from Osborne from the European companies Spotify, TransferWise and Raisin. ....

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