Bloomberg News, Seattle Times win Polk Awards for business journalism

Bloomberg News and the Seattle Times received George Polk Awards in business journalism categories on Wednesday.The award for financial reporting goes to Noah Buhayer, Caleb Melby and David Kocieniewski of Bloomberg News for groundbreaking stories on how wealthy, well-connected individuals perverted the stated intention of “opportunity zone” incentives in the 2017 federal tax code for their own profit.The program was aimed at spurring economic growth in depressed areas, but some developers reaped tax breaks by using it for such high-end projects as a long-planned $4 billion luxury North Miami development and the construction of a Ritz-Carlton hotel in downtown Portland, Oregon.Dominic Gates, Mike Baker, Steve Militech and Lewis Kamb of The Seattle Timesare honored in…

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