Centrist group No Labels drops third-party White House bid, Wall Street Journal reports

Centrist group No Labels will not field a third-party bid for the U.S. presidency because it lacks a candidate, The Wall Street Journal reported on Thursday.

Nancy Jacobson, No Labels' founder and chief executive, has told allies that the group will announce on Monday that it will not pursue a presidential campaign this year because it hasn't been able to recruit a credible ticket that could win the election, people familiar with the plans told the newspaper.

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