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Three ways investors can minimize their tax payments
  + stars: | 2024-04-15 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
It’s particularly difficult for investors, he said, who have to report their earnings and losses from the market to the IRS. As an alternative, Harris, who currently heads financial services firm Evergreen Money and recently authored a book about reducing tax burdens, shared his three biggest tax tips for investors with Before the Bell. So for tax purposes, selling securities that have lost value can offset the taxes due on gains from successful investments. If your losses exceed your gains, you can carry the net loss (total losses minus total gains) into the next tax year, potentially reducing future tax burdens. If you have three children and two parents, that’s $108,000 in tax free money a year, Harris said.
Persons: They’ll, , Bill Harris, It’s, Harris, , Roth, hasn’t, “ you’re, Laura, Anna Cooban, Brent, Germany’s DAX, Read, Tempore Mike McGuire Organizations: New, New York CNN, National Taxpayers Union Foundation, Paypal, CNN, Evergreen Money, Bell, Investments, Brent, Traders, CAC, FTSE, Nikkei, International Energy Agency, ANZ, Google, California Journalism, Meta, California, Pro, Tempore, Locations: New York, United States, Israel, Iran, Tehran, Syria, Shanghai, Paris, California, America
New York CNN —Google is removing links to California news websites in reaction to proposed state legislation requiring big tech companies to pay news outlets for their content, the company announced Friday in a blog post. “It’s time they start paying market value for the journalism they are aggregating at no cost from local media.”Charles F. Champion, the president and CEO of the California News Publishers Association, said Google is suppressing California news. Google has not responded to CNN’s request for comment about the current state of talks with the Canadian government. The company had a similar reaction to a 2021 Australian law that would require platforms to compensate Australian news outlets for using their content. Google said at the time it would pay publishers through its Google News Showcase instead of paying them for links.
Persons: Tempore Mike McGuire, , Assemblymember Buffy Wicks, , Charles F, we’ve, CJPA, Jaffer Zaidi Organizations: New, New York CNN, Google, California Journalism, Meta, California, Pro, Tempore, , California News Publishers Association, Global, Australian Competition, Consumer Commission Locations: New York, California, America, Canada, Australian, Australia
Robert Hur appeared before Congress to discuss his report on Biden's handling of classified documents. Hur was peppered with questions about the report, which frustrated both Republicans and Democrats. The explosive report has put a spotlight on Biden's age as he seeks a second term. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the full transcript of the interviews released Tuesday morning revealed that Hur's report appeared to overstate the president's memory issues.
Persons: Robert Hur, Hur, , Joe Biden's, Donald Trump's, Biden, Adam Schiff, wouldn't, Schiff, Jim Jordan, Joe Biden, shouldn't, he's, Jaime Harrison, Trump Organizations: Republicans, Democrats, Service, Republican, Democratic, Intelligence, California US, Biden, Ohio Republican, Department of Justice, Monmouth University, Democratic National Locations: California
CHANNELVIEW, Texas — For nearly 20 years, Texas environmental regulators have kept a disturbing secret. AdvertisementTexas Community Health News; Texas Commission on Environmental Quality"Any exposure to a carcinogen increases your risk of developing cancer. AdvertisementTim Doty, a former TCEQ mobile air monitoring expert, at the industrial edge of River Terrace Park in Channelview, Texas. In fact, the agency rarely fines companies that violate Texas air pollution laws. Mark FelixHoneycutt's toxicology division soon took an even more dramatic step to weaken Texas' benzene guidelines.
Persons: Loren Hopkins, Hopkins, Mark Felix, TCEQ, AirToxScreen, AirToxScreen Harris County Attorney Christian Menefee, Menefee, Tim Doty, Doty, Solv, He'd, Glenn Shankle, Kelly Keel, Todd Riddle, Riddle, Lopez, Joe Lopez, Dora, Joel Lopez, Randy Lopez, It's, Joel, Felix Benzene, wildcatters, Houston —, Forbes, Lorenzo de Zavala, Alison Cohen, Cohen, Tim Doty's, Houston Mayor Bill White, Shankle, Michael Honeycutt, Valerie Meyers, Meyers, Mark Felix Meyers, Richard Hyde, John Sadlier, Ryder, Hyde, hadn't, Russell Allen, Matt Baker, Jacintoport, Cloelle Danforth, Public Health Watch —, Danforth, Mark Felix Honeycutt's, Eric Schaeffer, Schaeffer, Honeycutt, Jim Tarr, polluters, upended, Mark Felix Fracking, Barnett, Glenn Shankle —, , Rick Perry, Perry, Sadlier, David Bower, misstep, Baker, Bower, Michael Burgess, Greg Abbott, Abbott, Mark Felix Meanwhile, Randy, That's, Carolyn Stone, Stone, Carolyn Stone's, Mark Felix The, Cynthia Benson, Benson, Mark Felix Tim Doty, Mark Felix K, Jordan Gass Organizations: Public Health Watch, Texas Commission, Environmental, American Petroleum Institute, Oceanic, Atmospheric Administration, U.S . Navy, Geospatial - Intelligence Agency, General, Health, Public Health, Rice University, Environmental Protection Agency, Texas Community Health, AirToxScreen Harris County Attorney, polluters, Mark Felix Public Health, TCEQ, Solv, Mark Felix Public Health Watch, myelodysplasia, Houston, Oil, Gas Watch, Texas, Houston Ship, University of California, Houston Mayor, ., . Texas Community Health, NASA, Exxon Mobil, Public, Watch, Environmental Defense Fund, Management, Civil, Air Alliance Houston, Republican, Fort, United, Texas toxicologist, EPA, Texas Tribune, Google, Land Office, . Geological Survey, National Oceanic, Firefighters, U.S . Occupational Safety, Health Administration, Channelview, Improvement Coalition, Health Watch, San Jacinto, K, Texas Legislature, Solv Group, Services Locations: , Texas, Texas, Houston, Channelview's Jacintoport, San Jacinto, California, Jacintoport, Channelview , Texas, AirToxScreen Harris County, Channelview, Harris County, United States, North Channelview, Gulf, Terrace, Joel's, Houston , Texas, Spindletop, Mexico, Republic of Texas, Port of Houston, San Francisco, . Texas, That's, polluters, lacquers, Dallas, Fort Worth, Fort Worth City, Austin, Round, Minnesota, Galveston, U.S
Impossible is often just a starting point on a Christopher Nolan film and “Oppenheimer,”about the father of the atomic bomb, was no exception. She told them at the time that if there were ever a zombie apocalypse, they were the people she’d want to be with. “Every day there’s something that happens and you have to figure out a way out of it. It was the perfect claustrophobic, unglamourous and period-specific setting for a humiliating ordeal designed to make Oppenheimer feel small. When he glued it all together, it sounded perfect — but perfect felt wrong.
Persons: Christopher Nolan, “ Oppenheimer, , Gary Oldman, Harry S, Truman, Emma Thomas can’t, ” Thomas, Ruth De Jong, Hoyte van Hoytema, Jennifer Lame, Chris, Luisa Abel, Jaime Leigh McIntosh, , ” Abel, Nolan, ” McIntosh, Oppenheimer ”, Ellen Mirojnick, Mirojnick, Oppenheimer, De Jong, ” Nolan, van, van Hoytema, Lame, Emily Blunt, Ludwig Göransson’s, Oppenheimer’s, “ Oppenheimer ”, that’s, Serena McKinney, Andrew Jackson, Chris Nolan, Richard King, you’ve, King, ” Jackson, Göransson, ” it’s Organizations: Associated Press, Washington, Trinity Locations: Alamos, New Mexico, Los Angeles, Southern California, Dunkirk,
An investigation from ProPublica and The Desert Sun focused on farmers' water use in California. Most of the water in the valley is used by just 20 farming families, the investigation found. A small group in Imperial Valley soaks up billions of gallonsThe winter growing season in Imperial Valley. The Imperial Valley district gets its water for free from the US Bureau of Reclamation, ProPublica reported. "Cheap water helps make growing hay in the Imperial Valley profitable," ProPublica and The Desert Sun wrote.
Persons: what's, Rafael Elias, John Harper, aren't, Biden, Troy Waters Organizations: Service, University of California, Salt Lake Tribune, Sun, Breakthrough Institute, US, of Reclamation Locations: ProPublica, California, United States, Colorado, Imperial, Imperial Valley, halbergman, Utah, Salt, Las Vegas, Hay
Another unknown factor is how House Judiciary Chairman Jim Jordan – who spent much of the last three weeks running for speaker – will return to the scene. A source familiar with Johnson’s thinking told CNN, “He believes it’s a fact-finding mission. GOP Rep. Jen Kiggans, who represents a Virginia district Biden won in 2020, told CNN, “We have so much work we need to get done including these appropriations bills. I don’t think so,” GOP Rep. Mike Garcia, who represents a competitive district in California, told CNN of the inquiry. House Republicans have not held an impeachment inquiry hearing since their first one on September 28, where expert witnesses brought in by Republicans acknowledged they did not yet have the evidence to prove the accusations leveled against the president.
Persons: Joe Biden, Hunter, James Biden, Mike Johnson, Kevin McCarthy, Johnson, , Jason Smith, Jim Jordan –, , Jordan, Russell Dye, James Comer, Fox News ’ Sean Hannity, ” Johnson, , it’s, Comer, Smith, Jeff Van Drew, Jen Kiggans, Biden, Mike Garcia, Ralph Norman, Jim Jordan, Austin Scott of, ” Van Drew, Matt Gaetz, Hunter Biden, Tony Bobulinski, McCarthy, Ken Buck, Ken Buck of Colorado, ” Buck, Chip Roy, “ we’re, Martin Estrada, David Weiss, holdouts, Ben Cline, Virginia, ” Gaetz Organizations: CNN, Republican, Republicans, GOP, Kentucky Republican, Judiciary, Fox News, New, New Jersey Republican, ” CNN, White, Democratic, California, Department of Justice Locations: Missouri, Kentucky, Jordan, New Jersey, Virginia, California, South Carolina, Austin Scott of Georgia, Florida, Ken Buck of, , Texas
LOS ANGELES (AP) — Former baseball MVP Steve Garvey joined the race Tuesday to succeed the late California Sen. Dianne Feinstein, giving Republicans a splash of star quality on the ballot in a heavily Democratic state where the GOP hasn’t won a Senate race in 35 years. He did not answer directly when asked if he considered himself part of the Trump wing of the GOP. In California's last two Senate races, GOP candidates performed so poorly that only Democrats appeared on the November ballot. The last Republican to win a Senate race in the state was in 1988. Garvey confirmed in June that he was considering entering the Senate race, and his candidacy was widely expected.
Persons: Steve Garvey, California Sen, Dianne Feinstein, GOP hasn’t, Garvey, Donald Trump, , ” Garvey, “ It’s, Trump, , Katie Porter, Adam Schiff, Barbara Lee, Sen, Laphonza Butler, Gavin Newsom, Joe Biden’s, Wade, Republicans —, haven't, Eric Early, “ We're, wasn't, I’ve Organizations: ANGELES, Republicans, GOP, Los Angeles Dodgers, San Diego Padres, Democrats, Trump, National League MVP, Democratic U.S, Reps, Republican, Democratic, Senate, Dodger Locations: California, Mexico, U.S
A research group found Denver had the highest Cost of Living Index score among five Colorado cities. Meanwhile, Pueblo and Grand Junction were the least expensive cities to live in. The Cost of Living Index is based on a few categories, including housing and grocery items. AdvertisementAdvertisementThe following shows the five Colorado cities with data for the second quarter of 2023, sorted by their composite index. Insider also looked at the cost of living in Texas, Florida, and California using the Cost of Living Index data.
Persons: Organizations: Service, Council for Community, Economic Research, Colorado, Manhattan, C2ER Locations: Denver, Colorado, Pueblo, Wall, Silicon, Colorado Springs, Texas , Florida, California
Here's a look at what lawmakers have voted on:MENTAL HEALTH SYSTEMPolitical Cartoons View All 1160 ImagesSenators on Thursday signed off on putting two proposals before voters next March that would help transform the state's mental health system and address the state’s worsening homelessness crisis. A proposal by Sen. Susan Eggman would overhaul how counties pay for mental and behavioral health programs. Irwin said her bill would bring “the single largest expansion” of the state’s mental health system. Under current state law, local government said their hands are tied if a person refuses to receive help. The legislation is part of the state’s ongoing efforts to reform its mental health system.
Persons: Gavin Newsom, Jacqui Irwin, Sen, Susan Eggman, Newsom, Irwin, Republican Sen, Brian Jones, it's, Eggman, Anthony Portantino, it’s, ” Portantino, Adam Beam Organizations: Democratic Gov, Republican, Hollywood, Business, Workers, LAW, Democratic, Associated Press Locations: SACRAMENTO, Calif, California, Southern California, Newsom's
A Tesla owner said his Model 3 didn't slow down before it hit water on a road in California. AdvertisementAdvertisementA Tesla owner using his Model 3 in Full Self-Driving mode says the car didn't slow down when it encountered water across on a road, causing it to crash into a pond. AdvertisementAdvertisementRyan claimed that his Model 3 didn't slow down as it approached the water lying on the road. A Tesla Model S crashed on a bridge in San Francisco on Thanksgiving in 2022 with seven other vehicles, the Guardian reported. Tesla didn't immediately respond to a request for comment from Insider, made outside normal working hours.
Persons: Ryan, Tesla, Tesla's Organizations: YouTube, Morning, Tesla, Guardian, Washington Post, Yorker Locations: California, Mono City, Mono City , California, San Francisco
CNN —Years before he said he was running for president to “defeat the cult of gender ideology,” Donald Trump welcomed and praised the inclusion of transgender women in the Miss Universe pageant. He then later effusively praised the winner of the Miss USA pageant, Olivia Culpo, for saying that transgender women should be allowed to compete. Transgender contestant Jenna Talackova takes part in Miss Universe Canada competition in Toronto, May 19, 2012. Mark Blinch/ReutersTrump, then the owner of the Miss Universe pageant, would go on to cite the possible participation of transgender women in Olympic sports to justify his decision to end a ban on transgender pageant participants. “And you have the Miss Canada, which is essentially the Miss Universe.
Persons: ” Donald Trump, Jenna Talackova, effusively, Olivia Culpo, Mark Blinch, Reuters Trump, Trump, , he’d, That’s, Culpo, , ” Culpo, Trump . Donald Trump, David Becker, , ” Trump, Talackova, Gloria Allred, Michael Cohen, Cohen, Laura Ingraham, Carrie Prejean, Shanna Moakler, Donald Trump, Lucas Jackson Organizations: CNN, Miss Universe, Trump, Miss USA, Miss Universe Canada, Reuters, Republican, White, Trump ., Miss, Hollywood, Getty, Fox, Friends, Trump Organization, Olympics, Fox News, Miss California USA, Miss Universe Organization, GLAAD, Mr Locations: Canadian, Toronto, Las Vegas , Nevada, Canada, Miss Canada, United States, New York
How GSK plans to replenish its depleted medicine cabinet
  + stars: | 2023-03-15 | by ( Maggie Fick | ) www.reuters.com   time to read: +6 min
GSK has since suffered a series of clinical trial setbacks in its cancer drugs portfolio, most recently last year involving ovarian cancer drug Zejula and blood cancer drug Blenrep. BLOCKBUSTER POTENTIALAnalysts say that despite a string of strong quarterly earnings, lingering concerns over the company's drug pipeline reflect in GSK's share price. The investor said he does not see enough GSK drugs, either on the market or in development, with potential to be a so-called "blockbusters" with annual sales exceeding $1 billion. But Wood said the overhauled R&D department has put GSK in a strong position to meet growth targets. U.S. regulatory approval on GSK's vaccine, and a rival vaccine developed by Pfizer, is expected in May.
California will not renew a $54 million contract with Walgreens over the drug store chain's decision not to sell the abortion pill in some states due to legal restrictions. Walgreens said it will sell the abortion pill, mifepristone, in any state where it is "legally permissible to do so." Republican attorneys general in 21 states warned Walgreens in February that selling or distributing the abortion pill in their states would violate local laws. Walgreens is also not selling the abortion pill in states like Alaska, Kansas or Montana where abortion is protected as a right under the states' constitutions. The drug store will also not sell mifepristone in Iowa, where the state Supreme Court last year overturned state constitutional protections for abortion.
Some may want to see the explosive, racist diatribes of a handful of prominent Los Angeles City Council members as an unfortunate incident that will eventually fade away. But the reality is that such prejudice from Latino to Latino and Latino to other racial groups is not so uncommon. That was on stark display in the conversation among former Los Angeles City Council President Nury Martinez, council members Kevin De León and Gil Cedillo and Los Angeles County Federation of Labor President Ron Herrera, who resigned Monday. "If you’re going to talk about Latino districts, what kind of districts are you trying to create?” she asks her colleagues in frustration. Zapotecs, or Indigenous people of Oaxacan descent, number about 200,000 in Los Angeles County, one of the largest Oaxacan communities outside Mexico.
Some members of Congress file financial disclosures that are basically illegible. Dusty Johnson of South Dakota are introducing the Easy to Read Electronic and Accessible Disclosures (READ) Act, which would allow users to search, sort, and download financial disclosure data filed by House members, Senators, and candidates for both chambers. "This means that government records, including financial disclosures filed by elected officials, must be easy to find and easy to understand." "These requirements will help bring critical transparency to the financial situation of members of Congress and more opportunity to spot potential conflicts of interest," added Hedtler-Gaudette. The bill comes amid a broader push to ban members of Congress from trading stocks.
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