Stalled Tax Deal Grows
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SpaceX Court Challenge Stalls Labor Board Firings Probe
The National Labor Relations Board will suspend its case against Elon Musk's company's possible illegal firing of employees who mocked the CEO while the rocket maker challenges the agency's structure in federal court.Inc. - Business - SpaceX -
Their Trains Were Stalled. These Hackers Brought Them Back to Life.
‘Dragon Sector’ members say they suspect the manufacturer planted code to disable Polish locomotives sent to a competitor for repairs.The Wall Street Journal - World -
Google Search Is Growing Up
This week, we unpack all the news from Google I/O, where we got a glimpse of how the world’s dominant search engine will evolve in the AI era.Wired - Tech - Google -
This 35-year-old turned a local Indonesian coffee stall into a unicorn startup — today it brings in $100 million a year
Edward Tirtanata, 35, is the co-founder of Indonesian coffee chain Kopi Kenangan. Today, the company has more than 800 locations across Southeast Asia.CNBC - Business -
Grow Your Business With Influencers, but Not Like This
Lose the blind spot and learn how to grow your business with this ironically untapped audience.Inc. - Business -
Hunt hints at another National Insurance tax cut
Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.BBC News - Top stories -
You Made a Mistake in Your Taxes. Now What?
The rules around amending a return can get complicated. Here’s what you need to know.The Wall Street Journal - World -
Hunter Biden attorneys ask for delay in tax case
Hunter Biden’s attorneys have asked the judge overseeing his tax case in California to delay the trial, which is set for June, until September or later. Earlier this week, Biden lost his attempt to delay his federal gun trial in Delaware, with the ...The Hill - Politics - Joe Biden -
Chicago Won't Tax Its Way Out of This Mess
Chicagoans consistently rank taxes neck and neck with public safety as their top concern.The Wall Street Journal - World -
We are a step closer to taxing the super-rich
What once seemed like an impossibility is now being considered by G20 finance ministersFinancial Times - Business -
Mexico eyes tax squeeze on banks to raise revenue
New government will need to plug hole in public financesFinancial Times - World - Mexico -
A Global Tax on Billionaires? Janet Yellen Says 'No'
The Treasury secretary came out against the proposed global levy, which proponents say would stop the rich from shifting wealth into countries where they can avoid paying the tax.The Wall Street Journal - World -
California is imposing a new tax on guns. Will it impact sales?
Beginning July, state will become the first to charge an 11% excise tax, on top of federal and sales taxes, with an aim to reduce gun violence. Starting in July 2024, California will be the first state to charge an excise tax on guns and ...The Guardian - World - California -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Heard on the Street: GameStop's Game Woes Grow
GameStop’s actual business may matter little to the meme stock investors who jumped back into the shares this week. But that business is bleak—and getting bleaker still.The Wall Street Journal - World -
Map shows states where COVID is "likely growing"
Health authorities are watching for signs the virus might be starting to accelerate again after a springtime lull in COVID rates.CBS News - Top stories - Covid -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - Business -
Israel’s Wartime Government Frays as Frustration with Netanyahu Grows
Benny Gantz, a centrist member of leadership, presented the prime minister with an ultimatum that demanded a plan for the future of Israel’s war.The New York Times - World - Israel -
Israel continues operation in Rafah amid growing pressure
Israel continued its attacks in Gaza, including in the southern Gaza city of Rafah, despite growing international pressure to limit the scope of the offensive. Imtiaz Tyab has more.CBS News - World - Israel -
Thailand's Economy Grows on Strong Consumption, Tourism
The Thai economy grew in the first quarter thanks to strength in private consumption and tourism, despite continued weakness in goods exports.The Wall Street Journal - World -
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US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
Here are some options to reduce taxes on your savings interest this year
Here's how to reduce income taxes on your savings interest amid rate uncertainty from the Federal Reserve.CNBC - Business -
Hunt to claim only Tories will cut UK tax burden after the election
Chancellor to attack Labour in keynote speech after canvassing tech bosses’ views on growth measuresFinancial Times - Business - United Kingdom -
Private Equity Warms Up to Clean-Energy Tax Credits
Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits.The Wall Street Journal - World -
Hunt signals pre-election tax cut as Tories move on to campaign footing
UK chancellor accuses Labour of ‘a lie’ and funding ‘black hole’ in political speechFinancial Times - Business -
Voters want to tax outrageous CEO pay. Are lawmakers listening?
A new poll reinforces my informal findings: Americans across the political spectrum are fed up with overpaid CEOs — and want something done about it.The Hill - Politics -
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Youngkin Vetoes Measures to Remove Tax Breaks for Confederate Heritage Group
The Virginia governor rejected efforts by the state’s Democrats to reshape the Commonwealth’s relationship with its Confederate past.The New York Times - Top stories -
Virginia governor allows Confederate groups to keep tax exemptions
Republican Glenn Youngkin also vetoed bills related to maintaining access to contraception, saying they were ‘not ready’. Virginia governor Glenn Youngkin has vetoed two bills that would have stripped tax exemptions for the United Daughters of the ...The Guardian - World -
Biden's proposed tax hike would crush workers and the economy
Biden is eager for more hard-earned money from U.S. taxpayers, and he is willing to drive businesses overseas again by raising corporate tax rates.The Hill - Politics - Joe Biden -
Americans must pay higher taxes if they want to keep a high standard of living
Financial challenges face the next U.S. president — but one candidate’s remedies would be a ‘train wreck.’MarketWatch - Business -
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Growing controversy over graduation speech by Kansas City Chiefs' kicker
In a commencement speech at a Catholic liberal arts college, Chiefs' kicker Harrison Butker was critical of LGBTQ+ rights and abortion and encouraged young women to focus on being homemakers. While many in the crowd applauded the speech, others ...NBC News - Top stories - NFL -
China’s spy threat is growing, but the West has struggled to keep up
For years, Western spy agencies have talked of a need to focus on China, but senior officials say the threat has not been taken seriously enough.BBC News - Top stories - China -
As the 2024 Race Heats Up, Betting Is Growing for Everything but Elections
U.S. residents can still gamble on the presidential race — but regulators are trying to stop the practice.The New York Times - Business -
The quiet Japanese island paradise on the frontline of growing Taiwan-China tensions
Yonaguni is a tourist hotspot – but its location just 100km from Taiwan means residents must wrestle with the creeping militarisation of their home. In the minds of many Japanese people, Yonaguni is a sleepy paradise of crystal-clear sea and ...The Guardian - World - China -
Global Economy Will Grow More Than Expected, U.N. Report Says
An update to January forecasts suggests the world's economic growth rate will hit 2.7 percent in 2024, thanks to a better U.S. outlook and improved prospects for some larger emerging economies.Inc. - Business -
Do you live in one of America's 15 fastest-growing cities?
With just a couple of exceptions, the fastest growing cities in America are located in the South, according to new data from the U.S. Census Bureau.The Hill - Politics -
Tunisians stage anti-migrant protest as the number of stranded in transit to Europe grows
Hundreds of anti-migrant protestors have marched through the streets of a Tunisian town where many migrants are living while waiting to try and travel by boat to EuropeABC News - World