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For the first time in the history of the United States, billionaires had a lower effective tax rate than working-class Americans. Opinion Guest Essay Make Billionaires Pay (Their Taxes)Until recently, it was hard to know just how good the superrich are at avoiding taxes. Let’s agree that billionaires should pay income taxes equivalent to a small portion — say, 2 percent — of their wealth each year. Billionaires who already pay the baseline amount of income tax would have no extra tax to pay. The idea that billionaires should pay a minimum amount of income tax is not a radical idea.

Persons: Emmanuel Saez, Gabriel Zucman, we’ve, Demetrio Guzzardi, Jeff Bezos, Bezos, Berkshire Hathaway, Warren Buffett, Elon Musk, Bernard Arnault, Arnault’s, Arnault, Reagan, Critics, haven’t, Biden Organizations: Government, Social Security, European Economic Association, Institut des Politiques, Economic, Amazon, Elon, Twitter, Shepard, Getty, Trump, Internal, Abaca, New York, Facebook Locations: United States, Netherlands, States Netherlands Italy France, Italy, France, Tesla, LVMH, America, Europe, Sweden, Germany, Switzerland, U.S, Brazil, South Africa, Spain

☆ Red Lobster Isn't Nearing Bankruptcy Because of Endless Shrimp
▼ + stars: | 2024-05-01 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

While Red Lobster increased traffic somewhat, people coming in to chow down on all-you-can-eat shrimp was a money bleeder. But the story about what's gone wrong with Red Lobster is much more complicated than a bunch of stoners pigging out on shrimp (and, later, lobster) en masse. Red Lobster first opened in Lakeland, Florida, in 1968 and was acquired by the food conglomerate General Mills in 1970. "What's truly happened with Red Lobster is that the consumer base has changed and Red Lobster hasn't," he said. "Red Lobster isn't losing to a competitor in their space — they're losing to competitors outside their space."

Persons: It's, what's, Jonathan Maze, Mills, General Mills, Olive, Darden, Red, Eileen Appelbaum, isn't, they've, it's, Keith Bedford, Darren Tristano, John Gordon, Kim Lopdrup, Red Lobster's, He's, Jonathan Tibus, Gordon, Tristano, You've, Emily Stewart Organizations: Bloomberg, Restaurant Business, Olive Garden, LongHorn, Darden, Golden Gate, American Realty, Lobster, Center for Economic, Policy Research, Thai Union, Seafood Alliance, Thai, Fortress Investment Group, Reuters, Business Locations: chow, Lakeland , Florida, San Francisco, Thai, Thailand, Thai Union, Golden, San Diego

☆ How Wealthy Investors Got Rich Looting America's Needy Hospitals
▼ + stars: | 2024-03-11 | by ( Bethany Mclean | ) www.businessinsider.com time to read: +21 min

That added to the massive debt burdens already placed on the hospitals by their for-profit owners, deepening their financial woes. In January, MPT reported that its biggest tenant, a nationwide chain of 32 hospitals called Steward, could no longer pay its rent. The core idea was simple: to buy hospital real estate, pocket the lease payments, and use the money to reward investors. The more hospital real estate that MPT buys, the more money it makes in rent payments from the hospitals. But that doesn't mean that MPT's leaders didn't get rich off its hospital deals.

Persons: Leonard Green, Sherman Cahal, Rob Simone, Hedgeye, MPT, Steward —, Justin Simon, Jasper Capital, they've, Ed Aldag, Eddie Lampert's, Eileen Appelbaum, Rosemary Batt, MTP, Marc Rowan, Richard Mortell, Leonard Green couldn't, they'd, Stephen Feinberg, Ralph de la Torre, Steward, Simone, Cerberus, Chandan Khanna, That's, de la, de la Torre, la Torre, Amaral, Aldag, Apollo, Eileen O'Grady, Moody's, didn't, Sen, Chuck Grassley Organizations: Northside Regional Medical Center, Ohio Valley Medical, East Ohio Regional Hospital, Luke's Medical, Glenwood Regional Medical Center, Medical Properties Trust, Jasper, Sears, Bain Capital, Affordable, Cornell University, Business, Third Coast Real Estate Capital, Cerberus, Health Care, Boston Globe, Bloomberg, Getty, Easton Hospital, Local, de la Torre, la, MediaNews, Boston Herald, Prospect, Private, Yale New Haven Health, Yale, Apollo, MPT, SEC, Republican, Senate Finance Locations: Youngstown , Ohio, Ohio, Wheeling , West Virginia, Martins Ferry , Ohio, St, Luke's, Phoenix, Massachusetts, West Virginia, California , Pennsylvania, Texas, Pennsylvania, Louisiana, America, Alabama, MPT, Greater Boston, Steward, Easton, Lehigh, Elizabeth's, Boston, Connecticut, it's

☆ ‘Biden Brought the Heat’: Our Columnists on the State of the Union - The New York Times
▼ + stars: | 2024-03-08 | by ( New York Times Opinion | ) www.nytimes.com time to read: 1 min

Best MomentBinyamin Appelbaum In a speech with multiple fire-breathing moments, I was struck by Biden’s level tone as he declared that those who fought to overturn Roe v. Wade were going to learn about “the power of women.”Jamelle Bouie I thought Biden’s best line was his move to connect reproductive freedom to freedom writ large: “Many of you in this chamber and my predecessor are promising to pass a national ban on reproductive freedom,” he said. “My God,” what other freedoms “would you take away?”

Persons: Binyamin Appelbaum, Roe, Wade, ” Jamelle, ”, “

As advocates push this year for ballot measure initiatives aiming to protect abortion rights, key differences have emerged in the language of proposed measures. Among them is the inclusion of mental health exceptions. Meanwhile, proposed ballot measure language in Arkansas only says “physical health,” excluding a mental health exception. “We don’t as a society have a great track record of treating mental health the same way we do physical health.”Policies that dismiss mental health as less important than physical health put lives at risk, said Columbia University psychiatrist Paul Appelbaum. We felt it was unlikely for a version that explicitly names mental health to pass.”Arkansas advocates were also worried the opposition campaign would target a mental health exception, Diaz said.

Persons: Kaniya Harris, Harris, don’t, “, ”, Roe, Wade, Michelle Oberman, ” Oberman, Paul Appelbaum, Appelbaum, ” Jayme Trevino, Mallory Schwarz, —, Gennie Diaz, ” Diaz, Diaz, Ingrid Duran, Duran Organizations: CHICAGO, Alabama, U.S, Supreme, U.S . Centers for Disease Control, Santa Clara University, Columbia University, American Psychiatric Association, OB, Physicians for Reproductive Health, Republican, Associated Press, AP Locations: Bethesda , Maryland, Kentucky, Missouri, Arizona, Michigan, Arkansas, Florida , Montana and Nebraska, — Florida, Georgia , Idaho , Iowa , Kentucky, Louisiana , Ohio , Tennessee, West Virginia, Wyoming, Alabama, ” Arkansas, Santa

It’s the most miserable time of the year: tax season. But we’re here to convince you that the I.R.S. That’s how it works in the rest of the developed world, and it could very easily work that way here, too. It is absurd that America’s tax system is so antiquated and complicated that most people must pay someone else to help them pay the government. So what is standing in the way of progress?

Organizations: Internal Revenue Service

☆ Opinion | Should Historic Buildings Give Way to New Housing?
▼ + stars: | 2024-01-21 | by ( ) www.nytimes.com time to read: +1 min

New York City needs more, not less, historical memory. Mr. Appelbaum writes that much of Brooklyn Heights has been fossilized. There’s no other place like Brooklyn Heights in the United States. We mustn’t sacrifice what makes New York unique and beautiful simply for new buildings and for uncreative solutions to pressing housing problems. We have lots of unused commercial and industrial buildings in the city that can be converted to housing.

Persons: Binyamin Appelbaum, Robert Moses, Mr, Appelbaum Locations: New York, York City, Brooklyn, Paris, United States

☆ Saudi Arabia isn’t ruling out befriending Israel. But it may come at a higher price
▼ + stars: | 2024-01-15 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +70 min

Fatima Shbair/AP Mourners collect the bodies of Palestinians killed in an Israeli airstrike in Khan Younis, Gaza, on December 24. Ilia Yefimovich/dpa/picture-alliance/AP Relatives and friends bid farewell to the body of Al Jazeera camera operator Samer Abu Daqqa in Khan Younis, Gaza, on December 16. Mahmud Hams/AFP/Getty Images Israeli soldiers form an honor guard at the funeral of Israeli reserve soldier Master Sgt. Mohammed Saber/EPA-EFE/Shutterstock Children use candles for lighting in Khan Younis, Gaza, on Friday, October 20. Maya Alleruzzo/AP A boy carries salvaged belongings from the wreckage of his family's home in Khan Younis, Gaza, on October 11.

Persons: UAE CNN —, Antony Blinken, ” Blinken, ”, “, “ There’s, ” Prince Khalid bin Bandar, ” Ali Shihabi, Shihabi, Israel, Blinken, Evelyn Hockstein, Benjamin Netanyahu, Joe Biden, Abraham, Biden, Yousef Al Otaiba, Israel “, ” Otaiba, Prince Mohammed bin Salman, Firas Maksad, Abir, Prince Khalid, Maksad, Jamal Khashoggi, ” Maksad, ” Prince Khalid, Isaac Herzog, Oded, Abed Rahim Khatib, Noam Galai, Majdi, Sufian Dagash, Ohad, Abed Zagout, Harel Ittah, Ariel Schalit, Khan Yunis, Stringer, Elisha Yehonatan Lober, Mount Herzl, Maja Hitij, Fatima Shbair, Ahmad Hasaballah, Mohammed Salem, Yaacov Elian, Boris Dunavetski, Amir Levy, Mohammed Abed, Mahmud Hams, Alon Lulu Shamriz, Ilia Yefimovich, Abu Daqqa, Khan, Khan Younis, Ben Shelly, Clodagh Kilcoyne, Eviatar Cohen, Mostafa Alkharouf, Mohammed Dahman, Ibraheem Abu Mustafa, Atef Safadi, Gal Meir Eisenkot, Eisenkot, Gadi Eisenkot, Leo Correa, Alexi Rosenfeld, Alleruzzo, Amir Cohen, Gil Cohen, Menahem Kahana, Sergeant Aschalwu Sama, Tsafrir, John MacDougall, Ahed Tamimi, Nasser Nasser, Viktor, Helena Brodski, Kiril Brodski, Ammar Awad, Jack Guez, Jabel Mukaber, Mahmoud Illean, Alexander Ermochenko, Younis, Mustafa Hassona, Asher, Raz, Doron, Schneider, Jaafar Ashtiyeh, Majed Al, Ansari, Mohammed Hajjar, Said Khatib, Jalaa Marey, Victor R, Liron Snir, James Oatway, Ashraf Amra, Ahmad Gharabli, Rizek Abdeljawad, Major Jamal Abbas, Shir Torem, Alexi J . Rosenfeld, Christopher Furlong, Hatem Ali, Avraham Fetena, Sgt, Raz Abulafia, Fadel Senna, Nasser, Matan Meir, Haitham Imad, Roni Eshel, Eshel, Kenzo Tribouillard, Sadi Berek, Salah al, Varda Goldstein, Nir Oz, Bernat, Tomer Appelbaum, Mohammad Abu Elsebah, Khaled Ibn Al, Walid, Ya'akov Ozeri, Ronen Zvulun, Mohammed Alaloul, Neil Hall, Saeed Jaras, Mohammad Abu Hattab, Mohammed Talatene, Ditza Heiman, Salman Habaka, Yuval Zilber, Jalaa Merey, Ahmad Salem, Ali Jadallah, Anas al, Yosef Vahav, Kiryat Shmona, Albert Miles, Ilan Rosenberg, Manna, Tamar Chaya Torpiashvili, Abed Khaled, Tamir Kalifa, Yoav Gallant, Jehad Al, Kafarnah, Teddy, Dan Kitwood, Dima Vazinovich, Sagiv Ben Zvi, Omar El, Yasser Qudih, Francisco Seco, Mohammed Saber, Ali Mohmoud, Mai Yaghi, Yam Goldstein, Nadav, Khaled Joudeh, Samar Abu, Leon Neal, Hatem Moussa, Wolfgang Schwan, Yousef Masoud, Shadi Tabatibi, Belal al Sabbagh, Janis Laizans, Gallant, Ofir Libstein, Aza, Belal Khaled, Hod, Ayal Margolin, Brendan Smialowski, Netanyahu, Kenny Holston, Kfar Aza, Mahmoud Khaled, Dor Reder, Violeta Santos Moura, Mohammed Fayq Abu Mostafa, Antonio Macías, Macías, Eli Albag, Liri, Sergey Ponomarev, Dor Kedmi, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Yahya Hassouna, Mapal Adam, Agha, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, CNN Sergey Ponomarev, Eden Guez, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Ilai Bar Sade, Erik Marmor, Oren Ziv, Ramez Mahmoud, Roi Levy, Tali Touito, Ahmad Hasballah, Eyad Baba, Itai Ron, Hadas Parush, Lana Nusseibeh, “ That’s, Abu Dhabi, Anwar Gargash, ” Gargash Organizations: UAE CNN, Hamas, BBC, CNN, Palestinian, West Bank, Reuters, United Arab, Abraham Accords, Israel, UAE, Arab League, Saudi, Fox News, Washington Institute for Near East, Middle East Institute, Israeli, Getty, of Health, Congressional, Republicans, United Nations Security, AP, European Hospital, Mount, Rockets, UN, Anadolu, Museum of Art, Security, Nova, Magen, Getty Images, Kiryat, Islamic Jihad, Red, Tel, Tel Aviv Sourasky Medical, Young, AP People, Schneider Children's Medical, Sisters, Schneider Children's, Ofer, Cross, Foreign, Artillery, Aqsa Martyrs Hospital, Al, Unicef, AP Journalists, Israel Defense Forces, Modern, Nasser Hospital, Nasser Medical, Najjar, Israel Defence Forces handout, Shutterstock, Reuters United Nations, Shifa, Palestine, Pictures, Bloomberg, Israeli Apache, United Nations Relief, Works Agency, Al Aqsa Martyrs Hospital, IDF, EyePress, New York Times, Nasser Medical Hospital, Deir Al, Tel Aviv University, Reuters Civil, AP Rockets, AP Israel's, Regional, Israel's, Ahli Baptist Hospital, Ben Gurion International, Aris Messinis, Haim, Puma, Mount Herzl Military, Anadolu Agency, Nova Festival, Ben Gurion, United Nations, Reuters Police, Reuters Rockets, Wall, Shihabi Locations: Abu Dhabi, UAE, Israel, Saudi Arabia, Riyadh, Saudi, United Kingdom, Gaza, United States, ”, Palestinian, East Jerusalem, Al Ula, Reuters Israeli, United Arab Emirates, Bahrain, Morocco, Sudan, Washington , DC, Jerusalem, Abir Sultan, AFP, Turkey, Gulf, Tel Aviv, Israeli, Rafah, Maghar, Anadolu, Netanya, Khan, Khan Younis, Shaul, Shefayim, Jazeera, Kidron, Kfar Saba, Nahal Oz, Herzliya, Ashkelon, Petah Tikva, Ramallah, Egypt, Ofakim, Jabel, Khezaa, Gazan, Sisters Aviv, Beitunia, Gaza City, Galilee, Lebanon, Al, Aqsa, Al Bureij, Deir Al Balah, Xinhua, Pekiin, Mavki'im, Haifa, Sderot, Beit Hashmonai, Europe, Rishpon, Odem, Gaza's Al, Deir Al, Balah, Bureij, Kfar Aza, Meron, Jerusalem's, City, Jerusalem's Old City, Deir Balah, Mahmud, Southern Israel, Yanuh Jat, Netaim, Golan Heights, Shareef, Beit Guvrin, Kiryat, Al Aqsa, Kibbutz Be'eri, Ashdod, Holon, Najjar, Ichilov, Kibbutz Shefayim, Deir, Samar, Samar Abu Elouf, Deir al, Kibbutz Kissufim, Zahra City, Ras, Israel's, Yehuda, Hod HaSharon, Kiryat Shmona, Ahli, Gan, Kfar, North Sinai, Beit Kama, Cyprus, Be'eri, Rehovot, Mount Herzl, Modiin Maccabim, Mount Herzel, Yassin, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, Dhabi, Dubai, Al Arabiya

Peter Coy: So, Binya, Americans seem very grumpy about the economy lately, despite what looks like some pretty good news. I bet a lot of people will be talking over Thanksgiving dinner about why that is. But to most people, inflation is high prices. So they look at high prices in the supermarket or wherever and say, “That’s inflation!” Woe unto the politician or economist who tells them otherwise. Binyamin Appelbaum: I find that people are not always as excited as I am to talk about economic policy at the dinner table.

Persons: Peter Coy, Binyamin Appelbaum Organizations: New York Times, Siena College

☆ Opinion: Why Biden won’t do more to restrain Netanyahu
▼ + stars: | 2023-11-20 | by ( Opinion Aaron David Miller | ) edition.cnn.com time to read: +53 min

Mahmud Hams/AFP/Getty Images Israeli soldiers form an honor guard at the funeral of Israeli reserve soldier Master Sgt. Mustafa Hassona/Anadolu/Getty Images Palestinians flee to southern Gaza on Salah al-Din Street in Bureij, Gaza, on November 10. Ronen Zvulun/Reuters A woman carries a white flag as Palestinians flee from Gaza City to the south on November 7. Ronen Zvulun/Reuters A woman mourns over a dead man at the Al-Aqsa Martyrs Hospital in Gaza City on October 18. Yousef Masoud/The New York Times A morgue worker arranges body bags at al-Shifa hospital in Gaza City on October 12.

Persons: Aaron David Miller, ” Miller, I’ve, Joe Biden, Netanyahu, Aaron David Miller Israel, Israel —, Biden, Ashraf Amra, Ahmad Gharabli, Mohammed Abed, Ohad, Rizek Abdeljawad, Major Jamal Abbas, Shir Torem, Fatima Shbair, Alexi J . Rosenfeld, Abed Rahim Khatib, Khan, Christopher Furlong, Hatem Ali, Avraham Fetena, Mostafa Alkharouf, Mahmud Hams, Sgt, Raz Abulafia, Ariel Schalit, Fadel Senna, Nasser, Mohammed Salem, Matan Meir, Amir Levy, Haitham Imad, Roni Eshel, Eshel, Kenzo Tribouillard, Benjamin Netanyahu, Sadi Berek, Mustafa Hassona, Salah al, Jack Guez, Varda Goldstein, Nir Oz, Bernat, Abed Zagout, Tomer Appelbaum, Mohammad Abu Elsebah, Khaled Ibn Al, Walid, Khan Younis, Ya'akov Ozeri, Ronen Zvulun, Mohammed Dahman, Ahmad Hasaballah, Leo Correa, Amir Cohen, Mohammed Alaloul, Majdi, Neil Hall, Saeed Jaras, Mohammad Abu Hattab, Mohammed Talatene, Ditza Heiman, Salman Habaka, Ibraheem Abu Mustafa, Yuval Zilber, Jalaa Merey, Ahmad Salem, Ali Jadallah, Atef Safadi, Anas al, Yosef Vahav, Kiryat Shmona, Jalaa Marey, Albert Miles, Ilan Rosenberg, Manna, Tamar Chaya Torpiashvili, Abed Khaled, Tamir Kalifa, Yoav Gallant, Ammar Awad, Jehad Al, Kafarnah, Teddy, Dan Kitwood, Dima Vazinovich, Sagiv Ben Zvi, Evelyn Hockstein, Omar El, Yasser Qudih, Tsafrir, Francisco Seco, Mohammed Saber, Ali Mohmoud, Mai Yaghi, Yam Goldstein, Nadav, Khaled Joudeh, Samar Abu, Leon Neal, Hatem Moussa, Wolfgang Schwan, Yousef Masoud, Shadi Tabatibi, Belal al Sabbagh, Janis Laizans, Gallant, Ofir Libstein, Aza, Belal Khaled, Hod, Ayal Margolin, Antony Blinken, Brendan Smialowski, Kenny Holston, Kfar Aza, Ilia Yefimovich, Mahmoud Khaled, Dor Reder, Violeta Santos Moura, Mohammed Fayq Abu Mostafa, Antonio Macías, Macías, Eli Albag, Liri, Sergey Ponomarev, Dor Kedmi, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Yahya Hassouna, Mapal Adam, Agha, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, CNN Sergey Ponomarev, Eden Guez, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Ilai Bar Sade, Erik Marmor, Oren Ziv, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Oded, Ahmad Hasballah, Eyad Baba, Itai Ron, Hadas Parush, Biden —, —, Barack Obama, hasn’t, ’, Israel isn’t, craven, It’s Organizations: Carnegie Endowment, International Peace, Democratic, Republican, CNN, Israel, Israel Defense Forces, Hamas, Democratic Party, Department of State, Senior, UN, US, Washington Post, Al, Aqsa Martyrs Hospital, Getty, Unicef, Reuters, AP, Anadolu, AP Journalists, Israeli, Modern, Nasser Hospital, Tel, Nasser Medical, Najjar, Israel Defence Forces handout, Shutterstock, Reuters United Nations, Shifa, Palestine, Pictures, Bloomberg, Israeli Apache, United Nations Relief, Works Agency, Al Aqsa Martyrs Hospital, Palestinian, IDF, EyePress, New York Times, Getty Images, Nasser Medical Hospital, Deir Al, Tel Aviv University, Reuters Civil, AP Rockets, AP Israel's, Regional, Israel's, Ahli Baptist Hospital, Ben Gurion International, Aris Messinis, Haim, Puma, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, West Bank, Rockets, United Nations, Reuters Police, Reuters Rockets, America, Senate, Washington, Twitter Locations: East, Israel, Gaza, Biden’s Washington, Washington, Al, Aqsa, Al Bureij, Deir Al Balah, Anadolu, Tel Aviv, AFP, Rafah, Xinhua, Pekiin, Khan Younis, Mavki'im, Jerusalem, Haifa, Sderot, Beit Hashmonai, Europe, Israeli, Rishpon, Odem, Gaza's Al, Gaza City, Kfar Saba, Deir Al, Balah, Bureij, Kfar Aza, Palestinian, Khan, Meron, Jerusalem's, City, Jerusalem's Old City, Deir Balah, Mahmud, Southern Israel, Ashkelon, Yanuh Jat, Netaim, Golan Heights, Lebanon, Egypt, Shareef, Beit Guvrin, Reuters Israeli, Kiryat, Al Aqsa, Kibbutz Be'eri, Ashdod, Holon, Najjar, Ichilov, Kibbutz Shefayim, Deir, Samar, Samar Abu Elouf, Deir al, Kibbutz Kissufim, Zahra City, East Jerusalem, Ras, Israel's, Yehuda, Hod HaSharon, Kiryat Shmona, Ahli, Gan, Kfar, North Sinai, Beit Kama, Cyprus, Be'eri, Rehovot, Mount Herzl, Modiin Maccabim, Mount Herzel, Yassin, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, ”, Palestinian Authority

☆ Hamas delegation visits Moscow, discusses release of hostages in Gaza - agencies
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +2 min

Families and supporters of hostages that are being held in Gaza after they were kidnapped from Israel by Hamas gunmen, attend a protest calling for their immediate release in Tel Aviv, Israel October 26, 2023. REUTERS/Tomer Appelbaum Acquire Licensing RightsMOSCOW, Oct 26 (Reuters) - A delegation from Hamas visited Moscow on Thursday for talks on the release of foreign hostages including Russian citizens that the militant group is currently holding in Gaza, Russian news agencies reported, citing the foreign ministry. Senior Hamas member Abu Marzouk was among those attending the talks, TASS reported. "Contacts were held with him in continuation of the Russian line on the immediate release of foreign hostages in the Gaza Strip. Russian Foreign Ministry spokeswoman Maria Zakharova told a weekly briefing earlier on Thursday that Iran's Deputy Foreign Minister Ali Baghiri Kani was also currently visiting Moscow.

Persons: Tomer, Abu Marzouk, Vladimir Putin, Maria Zakharova, Ali Baghiri Kani, Zakharova, Baghiri Kani, Gareth Jones Organizations: REUTERS, Rights, Palestinian Authority, Hamas, Russian Foreign Ministry, Reuters, Thomson Locations: Gaza, Israel, Tel Aviv, Moscow, Russian, Russia, Iran

☆ Ukraine just carried out the same kind of strike on Russia's navy that Elon Musk blocked, believing it could start a nuclear war
▼ + stars: | 2023-09-13 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

It's the same kind of strike Elon Musk sabotaged in 2022, fearing it'd cause nuclear war. What's been notably absent in the wake of Tuesday's strike is any sign of the massive escalation from Russia that Musk said he acted to prevent. AdvertisementAdvertisementAntonov, Isaacson writes, persuaded Musk that an attack on Sevastopol would trigger a nuclear response from Russia under the state's military doctrine. Russian President Vladimir Putin and top Kremlin officials have repeatedly menaced Ukraine and the West with the prospect of a nuclear attack. Yet Ukraine has continued to attack the territory, and even seized some of it back from Russia, without triggering the nuclear response Putin threatened.

Persons: Elon Musk, Elon, Walter Isaacson's, Musk, What's, Isaacson, Anatoly Antonov, it's, Anne Appelbaum, Vladimir Putin, Putin, Nicholas Grossman Organizations: Russian, Service, SpaceX, Russia, Kremlin, University of Illinois Locations: Ukraine, Crimea, Russian, Wall, Silicon, Ukrainian, Russia, Sevastopol, The Atlantic

☆ How Tokyo Achieves Affordable Housing - The New York Times
▼ + stars: | 2023-09-11 | by ( Binyamin Appelbaum | Andrew Faulk | ) www.nytimes.com time to read: +1 min

Yuta Yamasaki and his wife moved from southern Japan to Tokyo a decade ago because job prospects were better in the big city. They now have three sons — ages 10, 8 and 6 — and they are looking for a larger place to live. In the past half century, by investing in transit and allowing development, the city has added more housing units than the total number of units in New York City. It has remained affordable by becoming the world’s largest city. It has become the world’s largest city by remaining affordable.

Persons: Yuta Yamasaki, Yamasaki Locations: Japan, Tokyo, United States, New York City

☆ In the Age of Trump, It’s Hard to Be Humble - The New York Times
▼ + stars: | 2023-06-17 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +15 min

OK, now wait, listen, when I hear the words “housing policy,” I tend to sort of doze off. And I’m talking, like, the most regressive, meaning, Texas, which is the conservative bastion of anti-taxes, is more progressive than Washington State, liberal Washington State. So over here in Illinois, which is the quintessential liberal state, there’s this one county that contains the city of Chicago. Blue states are the places where tens of thousands of homeless people are living on the streets. Blue states are the places where economic inequality is increasing most quickly in this country.

Persons: I’ve, they’ll, there’s, Binya Appelbaum, He’s, There’s, it’s, ” “, Binya, ”, “, they’re, Don’t, — you’ve, Let’s, Bill Gates, Jeff Bezos, It’s, you’re, don’t, We’re Organizations: Republican, Times, Democratic Party, Republican Party, House Democrats, City Council, Palo Alto, Washington State, Democratic, Republicans Locations: U.S, America, California, San Diego County, Palo Alto, Calif, San Francisco, Palo, Washington State, Texas, Washington, Nevada, Illinois, Chicago, Cook County, Connecticut

☆ Tax Credit Programs Are a Better Way to Help Families - The New York Times
▼ + stars: | 2023-06-16 | by ( Binyamin Appelbaum | ) www.nytimes.com time to read: +2 min

The proliferation of state programs has been sparked by the temporary expansion of the federal child tax credit during the pandemic. The credit, created in the mid-1990s, reduces the amount that families with children owe in federal income taxes. The only two states that had created refundable child tax credits before the pandemic, New York and California, both significantly increased eligibility. The largest credit, which Minnesota created in May, offers up to $1,750 per child for households with incomes below $35,000 per year — roughly half the lapsed federal credit. But unlike the federal expansion, the state credits are meant to be permanent.

Persons: “, ” Melissa Lester, Kitty Hawk, — Organizations: Republicans, Democratic Locations: Columbus , Ohio, New York, California, Minnesota

Both companies say they would have moved ahead even without direct federal funding. Rick Luebbe, the chief executive of Group14, said the company was able to raise additional capital on the back of the federal money, allowing it to build two production lines in Moses Lake rather than one. In 2005, for example, the government introduced tax credits for the installation of solar panels, without restrictions on the country of origin. Over the next six years, imports of Chinese solar panels increased to $2.7 billion a year, up from $21 million a year. China controls three-quarters of the world’s supply of graphite, but “our technology requires sand and energy,” said Gene Berdichevsky, the chief executive of Sila.

Persons: Rick Luebbe, Moses Lake, ”, Moses, It’s, Biden, Gene Berdichevsky, Sila Locations: Moses Lake, Georgia , Louisiana, Tennessee, United States, China

☆ Amazon fires Alabama warehouse worker who led union push
▼ + stars: | 2023-06-02 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +3 min

And I’ve given every fiber of my soul into organizing Amazon these past three years,” Bates said in a statement Friday. Amazon workers at a New York warehouse voted to form the company’s first US union last year, though Amazon has since refused to recognize the union or come to the bargaining table. Other efforts to unionize Amazon facilities, including one across the street from the New York warehouse, have failed. The closely-watched union election at the Bessemer facility ended with the results too close to call due to hundreds of challenged ballots. “Amazon’s behavior must not go unchallenged, and workers in Bessemer, Alabama must have their rights protected under the law.”

Persons: Jennifer Bates, “, I’ve, ” Bates, ”, Bates “, Bates, ” Mary Kate Paradis, we’ve, Stuart Appelbaum, Appelbaum, ” Appelbaum Organizations: CNN, Wholesale, Department Store Union, Amazon, National Labor Relations Board Locations: Alabama, Bessemer , Alabama, United States, New York, Amazon

☆ Shooting attack in Tel Aviv, three wounded
▼ + stars: | 2023-03-09 | by ( ) www.reuters.com time to read: +1 min

[1/4] People react in the aftermath of a shooting attack in central Tel Aviv, Israel March 9, 2023. REUTERS/Tomer AppelbaumJERUSALEM, March 9 (Reuters) - An attacker opened fire in central Tel Aviv on Thursday in a suspected terrorist attack, wounding three people, before being "neutralized" by Israeli police, officials said. Large numbers of police and medical workers rushed to Dizengoff street, a main drag in the heart of the city, where the gunman carried out the attack. Three people were wounded, including one in serious condition, it said. There were no immediate details about the circumstances of the shooting, though police said initial signs were that it was a terrorist attack.

☆ New spy series 'Citadel' is Amazon Studios' most ambitious — and riskiest — bet ever
▼ + stars: | 2023-02-28 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

"Citadel," Amazon Studios' ambitious spy series, is on track to be one of the costliest series ever made. Amazon Studios early on was known for prestige shows like "Transparent" and "Maisel" as well as action hits like "Jack Ryan." Amazon Studios' Head of Global Television, Vernon Sanders, told Insider that "Citadel" is new territory for the company. Inside and outside of Amazon Studios, there are concerns about a lack of clear creative direction as well as the division's future role in the larger Amazon ecosystem. Insider spoke to 21 current and recently departed Amazon Studios executives, Hollywood agents, and other industry insiders about the opportunities and challenges.

☆ How 'Citadel,' Amazon Studios' ambitious new spy series from the Russo brothers, became one of the costliest shows ever made
▼ + stars: | 2023-02-16 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

☆ More Crypto Exchanges Verify Reserves, But Questions About Assets Remain
▼ + stars: | 2022-12-05 | by ( Mark Maurer | ) www.wsj.com time to read: +7 min

Most crypto exchanges are privately held, meaning they don’t have to file financial statements with the Securities and Exchange Commission or get them audited. He added that customers of crypto exchanges should “look for as rigorous of that as you can look for regulatory reporting.”FTX founder Sam Bankman-Fried sat down with The Wall Street Journal to discuss what happened to the billions of dollars deposited by the exchange’s customers. Photo: Kenny Wassus/The Wall Street JournalSuch a third-party verification represents a step toward more transparency around crypto exchanges, but there are significant shortcomings, some academics said. Coinbase Global Inc. last month reported $95.11 billion in both customer crypto assets and liabilities for the quarter ended Sept. 30, up from $88.45 billion the previous quarter, filings show. Still, the PCAOB encourages investors to review reports on the work those companies’ auditors have done, Chair Erica Williams said at a conference Tuesday.

☆ If the Biden administration doesn't step in to block the $25 billion Kroger-Albertsons merger, it will be devastating for shoppers and grocery-store workers — while the rich shareholders will get rich
▼ + stars: | 2022-11-23 | by ( Paul Constant | ) www.businessinsider.com time to read: +6 min

Last month, Kroger announced a $25 billion deal to merge with grocery chain Albertsons. During the pandemic last year, local city councils in Long Beach and Seattle passed "hero pay" laws requiring grocery stores to pay their public-facing workers $4 extra per hour. Last month, Kroger announced a $25 billion deal to merge with Albertsons, another major national grocery chain. In the press release announcing the merger, Kroger promised that the consolidation would result in lower prices for customers and better compensation and benefits for workers. But the larger Kroger-Albertsons merger is still on track to conclude in 2024, unless the Biden administration steps in to stop it.

☆ FASB Settles on Fair-Value Accounting for Measuring Crypto Assets
▼ + stars: | 2022-10-12 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +4 min

The Financial Accounting Standards Board on Wednesday said companies should use fair-value accounting for measuring bitcoin and other crypto assets, moving a step closer to a standard that could clear up uncertainty over reporting how much such holdings are worth. Companies and accountants want the FASB to adopt fair-value accounting instead, which would allow them to recognize losses and gains immediately and treat digital assets as financial assets. The FASB on Wednesday said fair-value accounting best captures the economics of crypto assets and determined the method would be a requirement rather than an option for companies. PREVIEWCompanies and investors have asked the FASB for years for rules on how to account for and disclose crypto assets. “Without these standards for the accounting and valuation of crypto assets, companies are reluctant to hold them,” she said.

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