Should we be scandalized by reports that former President Barack Obama will be paid $400,000 to deliver a speech at a healthcare conference sponsored by Cantor Fitzgerald, a Wall Street investment bank? I don’t think so, at least not for most of the reasons offered by the prosecution. One count...
President Donald Trump on Wednesday, April 26 announced a tax plan that proposes to cut corporate taxes and lower personal tax rates. The plan was announced by Treasury Secretary Steven Mnuchin and National Economic Council director Gary Cohn during a White House press briefing. For anybody who has ever made money, you know that paying tax on Read More...
Democrats on Wednesday blasted President Donald Trump's outline for tax reform. After the White House rolled out the one-page summary of its tax reform plan, Democrats in both chambers of Congress attacked the plan. House Minority Leader...Show More Summary
The White House rolled out the opening salvo of President Donald Trump's massive tax cut plan Wednesday, but the one-page set of bullet points was missing some significant details. The plan, laid out by Treasury Secretary Steven Mnuchin...Show More Summary
President Donald Trump on Wednesday told the leaders of Mexico and Canada that he will not pull out of the North American Free Trade Agreement, just hours after administration officials said he was considering a draft executive order to do just that.
LONDON – Deutsche Bank revealed it has hired around 370 compliance and anti-financial crime staff in the past 12 months, despite reducing overall headcount by more than 3,000 in the same period. The bank said that revenue in the first...Show More Summary
If I were writing about net neutrality for the sports section, I’d say that new Federal Communications Commission Chairman Ajit Pai announced Wednesday that he was trading his agency’s net neutrality rules for a player to be named later. Pai argues that the FCC grossly overreached when it adopted...
By JAKE COYLE NEW YORK — Jonathan Demme, the Oscar-winning director of “The Silence of the Lambs” and “Philadelphia,” and whose Talking Heads documentary “Stop Making Sense” is considered one of the greatest concert films ever, has died. He was 73. Demme’s publicist, Annalee Paulo, said Demme died Wednesday morning in his New York apartment, […]
As the administration turns its focus toward tax reform, Treasury Secretary Steven Mnuchin will sit down with The Hill's editor-in-chief Bob Cusack for a one-on-one conversation about key priorities when it comes to overhauling the tax...Show More Summary
After footage of 69-year-old David Dao being forcibly dragged off a United Airlines flight bubbled to the surface of the internet earlier in April, customers cut up their United credit cards and swore to never again fly the airline. It’s stock lost $250 million dollars in value. Show More Summary
Despite headwinds, optimism reigns among America’s small businesses
Donald Trump’s presidency is in a sorry state. His first attempt at legislation, on healthcare, was a failure. His executive order on immigration has been blocked by the courts. His White House is a tangle of chaos and intrigue. His campaign and his businesses are under congressional investigation....
It remains unclear how President Trump’s desire for lower rates would be paid for, but the prospect of a corporate tax cut has bolstered investor enthusiasm.
``I've previously written that a board refresh would be a good move, and the result could indeed have been different if the bank's largest shareholder, Berkshire Hathaway Inc. hadn't used its roughly 10 percent stake to back all of the nominated...Show More Summary
A Republican student group at UC Berkeley filed a lawsuit this week over the university’s decision to cancel a speech planned for Thursday by the caustic conservative commentator Ann Coulter. The complaint in U.S. District Court in San Francisco by the Berkeley College Republicans, joined by the...
Mayor Eric Garcetti proclaimed Tuesday “La La Land Day” in Los Angeles in support of the arts and to honor director Damien Chazelle for his portrait of the city in the Oscar-winning film “La La Land.”
Authored by Finian Cunningham via The Strategic Culture Foundation, «Centrist» candidate Emmanuel Macron was no sooner announced winner in the first round of the French presidential election at the weekend, and with unseemly haste the...Show More Summary
On the heels of two weekend show-closing sets at the Coachella Valley Music & Arts Festival earlier this month, rapper Kendrick Lamar revealed the dates of his The DAMN Tour, in support of his fourth studio album, “DAMN,” which dropped April 14. The DAMN Tour, featuring support by Travis Scott and D.R.A.M. will stop in […]
Marissa Mayer's tenure at Yahoo has been rough, but it'll have a happy ending — at least for her. The Yahoo CEO is in line for a massive $186 million payday once the company finalizes its sale to Verizon, adding on to Mayer's already-generous compensation packages. The payout puts Mayer among the top CEOs in the U.S. Show More Summary
Look, up in the sky. It’s…a taxi! That could become reality in six to 10 years if Uber fulfills its vision of a flying cab system. Ahead of its Uber Elevate Summit in Dallas today, the ride-hailing giant shared exclusively with Fast Company its plans for urban air travel—expanding on ideas included in a white paper published last year. Show More Summary