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Newsom defends California business climate, status of rich

by Kathleen Ronayne
| January 9, 2021 12:06 AM

SACRAMENTO, Calif. (AP) — Gov. Gavin Newsom forcefully pushed back Friday on criticisms that California is becoming unfriendly for business, pointing to “all the new billionaires" created by initial public offerings and noting that its richest people are “doing pretty damn well."

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