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☆ President Trump made many tax cut promises. Even with GOP sweep, they won't be easy for Congress to keep
▼ + stars: | 2024-11-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +15 min

"Look at which tax cuts were getting the most focus on the campaign trail. A traditional GOP tax policy might be thought of as favoring business tax cuts. "The top priority is extending the Trump tax cuts and the signature part of his program. Notably, House Speaker Mike Johnson has voiced support for the traditional view of funding tax cuts through economic growth. Individual tax cuts versus Social Security, business tax breaksHistory shows that when it comes to the battle between individual and business tax cuts, contrary to popular perception, individual tax issues are always politically dominant issue.

Persons: Donald Trump, Mnuchin, Stamper, Dustin Stamper, Grant Thornton, Rohit Kumar, Mitch McConnell, Trump, Kumar, Mike Crapo, Mike Johnson, It's, PwC, Biden, John Paulson, Paulson, Elect Trump, Joe Manchin, Kamala Harris, Elon Musk Organizations: Van Andel, Trump, GOP, Representatives, Idaho Republican, Senate, Capitol, Social Security, Child Tax, Corporations, New York Times, Republican, Social, Tax, Republicans, Democrats, West, CBO, IRS, Defense, Federal Reserve, Washington , D.C Locations: Grand Rapids , Michigan, U.S, Idaho, West Virginia, Washington ,

☆ Business-First Hong Kong Now Comes With a Catch: Beijing Politics
▼ + stars: | 2024-05-28 | by ( Alexandra Stevenson | ) www.nytimes.com time to read: +1 min

Doing business in Hong Kong increasingly comes with a new risk: the political cost of upsetting Beijing. A former Wall Street banker was muzzled for writing a “Hong Kong is dead” column. In all areas of life, Hong Kong is hewing closer to mainland China, blurring distinctions that once cemented the city’s status as mostly free from the politics of Beijing. Legal rulings echo the courts in mainland China. The city’s transformation is being driven by a national security law imposed by Beijing in 2020 and additional legislation passed by Hong Kong lawmakers in March.

Organizations: Wall Street, Google, Communist Party Locations: Hong Kong, Beijing, Chicago, China, Britain

☆ Biden’s EPA is trying to take a huge bite out of the climate crisis. But can it survive Trump’s Supreme Court?
▼ + stars: | 2024-05-22 | by ( Ella Nilsen | ) edition.cnn.com time to read: +10 min

Bottom row, from left, Associate Justice Sonia Sotomayor, Associate Justice Clarence Thomas, Chief Justice of the United States John Roberts, Associate Justice Samuel Alito, and Associate Justice Elena Kagan. Top row, from left, Associate Justice Amy Coney Barrett, Associate Justice Neil Gorsuch, Associate Justice Brett Kavanaugh, and Associate Justice Ketanji Brown Jackson. And environmental attorneys are intrigued by Barrett, who has had some tough questions for EPA’s challengers during recent Supreme Court arguments. The Supreme Court ruled in 2007 that the EPA can use its authority to regulate greenhouse gases. That gives the agency the recent Congressional direction the Supreme Court has said it so badly needs, some experts said.

Persons: Joe Biden’s, Richard Lazarus, “, Michael Regan, ” “, ” Regan, Regan’s, ” Lazarus, Samuel Alito, Clarence Thomas, Neil Gorsuch, Gorsuch, Alito, ” David Doniger, “ Alito –, ”, Reagan, Anne Gorsuch, Sonia Sotomayor, John Roberts, Elena Kagan, Amy Coney Barrett, Brett Kavanaugh, Ketanji Brown Jackson, J, Scott Applewhite, Amy Coney Barrett –, Roberts, Barrett, Kavanaugh, Sackett, “ He’s, he’s, doesn’t, Ann Carlson, ” Carlson, ” Doniger Organizations: CNN, Joe Biden’s Environmental Protection Agency, Harvard Law, EPA, Republican, Natural Resources Defense Council, Chevron, DC, Appeals, DC Circuit, University of California, Biden, Congress Locations: China, United, Virginia, University of California Los Angeles, West Virginia, Congress

☆ Netflix's 'Ripley' makes some key changes from Patricia Highsmith's 'The Talented Mr Ripley.' Here's how the series and novel differ.
▼ + stars: | 2024-04-13 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +1 min

"Ripley" is based on Patricia Highsmith's classic crime drama "The Talented Mr Ripley." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNetflix's "Ripley" is an incredibly faithful adaptation of the novel "The Talented Mr Ripley" by acclaimed US author Patricia Highsmith, arguably hewing closest to the source material out of all the versions of the classic crime drama committed to screen. This story is available exclusively to Business Insider subscribers.

Persons: Patricia Highsmith's, Ripley, —, Patricia Highsmith, Steven Zaillian, Tom Ripley, Andrew Scott, he's, Herbert Greenleaf, Dickie, Johnny Flynn Organizations: Service, Business Locations: New York, Italy, America

☆ Hertz CEO out following electric car ‘horror show’
▼ + stars: | 2024-03-18 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —Trouble and turmoil continue at rental car company Hertz. But the problem for Hertz wasn’t necessarily that the cars were electric, and customers simply do not want to drive electric cars. There might not be a charging station, or enough time, for a rental car customer to charge an EV, Ives said. These cases sometimes resulted in Hertz customers being arrested and even imprisoned. Scherr wasn’t the one who decided to make the big bet on EV demand by rental car customers.

Persons: Stephen Scherr, Goldman Sachs, He’ll, Gil West, Hertz, EVs, Tesla, ”, Daniel Ives, Ives, ” Ives, Scherr, Mark Fields, Ford, Paul Stone, Stone Organizations: New, New York CNN, Hertz, Delta Air Lines, General Motors, American, Wedbush Securities, EV, Volvo, Avis Budget Group, Tesla, Avis Budget, Enterprise Locations: New York, EVs, Tesla, Polestar

☆ Judge to Decide Timing of Trump Classified Documents Trial
▼ + stars: | 2024-03-01 | by ( Alan Feuer | ) www.nytimes.com time to read: +1 min

A federal judge in Florida will hold a hearing on Friday to pick a new date for former President Donald J. Trump’s trial on charges of mishandling classified documents, a move that is likely to have major consequences for his legal and political future. What remains to be seen is just how long of a delay Judge Cannon ends up imposing. On Thursday evening, Mr. Trump’s lawyers and prosecutors in the office of the special counsel, Jack Smith, sent Judge Cannon their proposals about when the trial should begin. Mr. Smith’s legal team, hewing to its long-held position of trying to conduct the trial before Election Day, requested a date of July 8. But after months of seeking to delay the trial until next year, Mr. Trump’s lawyers suddenly reversed themselves and suggested a date of Aug. 12.

Persons: Donald J, Aileen M, Cannon, Jack Smith, Judge Cannon, hewing Organizations: Federal, Court Locations: Florida, Fort Pierce, Fla

☆ How to recreate the most famous fashion collection of all time? New series ‘The New Look’ dives into Dior
▼ + stars: | 2024-02-14 | by ( Scarlett Harris | ) edition.cnn.com time to read: +5 min

Dior’s unveiling of his “New Look” collection signified the return of Paris as the fashion capital of the world after the Second World War. Roger Do Minh/Apple TV+Apple TV+'s series "The New Look" includes detailed recreations of many of the collection's 70 looks. Somehow they’ll always find a way to create,” Muller Serreau told CNN Style. Set during and in the immediate aftermath of World War II, “The New Look” and its visuals more broadly reflect the austerity of the time. As Dior was still in possession of the look’s fabric, Muller Serreau was able to faithfully recreate the entire ensemble.

Persons: Karen Muller Serreau, Christian Dior’s, ”, Dior’s, Roger Do Minh, Ben Mendelsohn, Pierre Balmain, Thomas Poitevin, Cristóbal Balenciaga, Nuno Lopes, Coco Chanel, Juliette Binoche, Dior, Lucien Lelong, John Malkovich, Chanel’s, ” Chanel, “, they’ll, ” Muller Serreau, Muller, Muller Serreau, Chanel, Yves Saint Laurent, revolutionizing womenswear Organizations: CNN, Apple, Getty Locations: Paris, France, AFP

☆ Zelensky considers a major shakeup of Ukraine’s leadership, beyond expected ouster of military chief
▼ + stars: | 2024-02-05 | by ( Pierre Meilhan | Andrew Carey | ) edition.cnn.com time to read: +4 min

Zelensky did not offer clarify who would be replaced, but his comments come amid speculation over the future of army chief Valerii Zaluzhnyi. The army chief had suggested that the drafting of up to half a million additional soldiers was required, which Zelensky resisted. That operation began in June and was aimed at driving Russian forces back from the territories they have occupied since 2022, particularly in the south of the country. Zalzhnyi’s ouster would also be a politically risky move for Zelensky, given the general’s immense popularity has survived counteroffensive’s failure. A poll published by the Kyiv Institute of Sociology in December found 88% of Ukrainians supported the army chief compared to 62% for the President.

Persons: Volodymyr Zelensky, Zelensky, ”, ” Zelensky, Valerii, Zaluzhnyi, Republicans hewing, Donald Trump, Serhiy Nykyforov, Zalzhnyi, Zalzhnyi’s, CNN’s Joshua Berlinger Organizations: CNN, RAI, European Union, Republicans, Kyiv Institute of Sociology Locations: Russia, Ukraine, Orikhiv, Azov, Crimea, Zaluzhnyi, European, Washington

☆ Bring Office Cubicles Back; Improve Employee Productivity, Hybrid Work
▼ + stars: | 2024-02-05 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +13 min

In a memorable montage from the 1999 workplace satire "Office Space," Peter Gibbons, a fed-up office drone, decides to take a stand. For years, the office cubicle was the four-walled avatar of corporate disaffection. Late '90s films like "Office Space," "Fight Club," and "The Matrix" enshrined its detested status. The tech boom arrived, bringing with it open office plans and a Silicon Valley-led gloss of egalitarianism, epitomized by Google's high-profile headquarters redesign in 2005. The top comment on the "Office Space" cubicle clip on YouTube captures the irony of this shift: "I would have killed for a cubicle," the commenter wrote.

Persons: Peter Gibbons, Google's, weren't, Nikil Saval, Slack, hasn't, Joseph Country, Heather Chapman, Chapman, Sydney Baker, there's, Baker, Thomas Roulet, Roulet, somethings, it's, Kevin Kelley, Shook Kelley, Kelley, cubicles, hewing Organizations: Toyota Corolla, Porsche, Workers, YouTube, Research, Harvard Business School, Environmental Psychology, University of Cambridge Locations: Silicon, Michigan, Louisville , Kentucky, —, Charlotte , North Carolina

☆ I finally got smarter about my money in my 30s. Here's how I've avoided lifestyle creep.
▼ + stars: | 2024-01-22 | by ( Jules Rogers | ) www.businessinsider.com time to read: +7 min

Jules Rogers started earning more money in her 20s when she combined full-time work and freelancing. Although she was making more money, she also bought her first house and had to keep expenses low. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs a 31-year-old, I'm approaching how I spend my money differently than I did in my 20s. AdvertisementHere's how my budget differs in my 30s compared to my 20s and the strategies I use to avoid lifestyle creep.

Persons: Jules Rogers, —, we're, We're, resealing grout, I've, creamer, it's, It's Organizations: Service Locations: Portland , Oregon

☆ Israel Is In Real Danger For Three Reasons - The New York Times
▼ + stars: | 2023-11-09 | by ( Thomas L. Friedman | ) www.nytimes.com time to read: +15 min

After traveling around Israel and the West Bank, I now understand why so much has changed. It is crystal clear to me that Israel is in real danger — more danger than at any time since its War of Independence in 1948. Last Saturday night, a retired Israeli Army commander stopped by my hotel in Tel Aviv to share his perspective on the war. Consider this context: “According to Israel’s official Central Bureau of Statistics, at the end of 2021, 9.449 million people live in Israel (including Israelis in West Bank settlements), the Times of Israel reported last year. Let me not mince words, because the hour is dark and Israel, as I said, is in real danger.

Persons: I’ve, —, Vladimir Putin, Biden, Israel, Benjamin Netanyahu, Kiryat Shmona, Kibbutz, Liat Admati, “ Mahmoud, ”, he’d, “, Yoav Gallant, Netanyahu, Israel’s, Biden —, Ron Scherf Organizations: West Bank, Yemen —, West Bank —, U.S, Israeli Army, Iranian, Hamas, Sunday, The Times, ABC News, Central Bureau of Statistics, Palestinian, Statistics, West Bank Palestinian, West, Palestinian Authority, Brothers Locations: Tel Aviv, Israel, America, U.S, Independence, Iraq, Yemen, Jerusalem, Hamas, Gaza, United States, Israeli, Kiryat, Lebanon, Kibbutz Be’eri, Be’eri, Mefalsim, “ Israel, West Bank, Netanyahu Israel

Wang Yi, China's top diplomat, said the country would continue to play a constructive role in handling global "hotspot issues". But after the killings of more than 900 Israelis in coordinated assaults by the Islamic group Hamas, China's response was muted. China is willing to maintain communication with all parties and make unremitting efforts for peace and stability in the Middle East," Wang Wenbin, a foreign ministry spokesperson, said on Tuesday. "The achievement of peace in the Middle East region and the just settlement of the question of Palestine are inseparable." "China is very successful in a stable environment in the Middle East when it's possible to broker reconciliation agreements between Saudi Arabia and Iran," said Jean-Loup Samaan, Senior Research Fellow at the Middle East Institute of the National University of Singapore.

Persons: Washington . Wang Yi, Xi Jinping, Bill Figueroa, Wang Wenbin, COVID lockdowns, Xi, Steve Tsang, Zhai Jun, Liu Zhongmin, Yun Sun, Tuvia Gering, Jean, Loup Samaan, Samaan, Michael Martina, Don Durfee, Gerry Doyle Organizations: Hamas, University of Groningen, Palestinian, Western, SOAS China Institute, Palestinian Authority, West Bank, Arab League, EU, Palestine, United Nations, Abraham Accords, Institute for Middle East Studies of Shanghai International Studies University, China Program, Stimson, Institute for National Security Studies, Initiative, Middle East Institute of, National University of Singapore, Thomson Locations: China, Middle East HONG KONG, BEIJING, SINGAPORE, Saudi Arabia, Iran, Israel, Gaza, Saudi, Washington, Palestine, Netherlands, United States, PALESTINE, China's, Beijing, Russia, Ukraine, London, U.S

☆ The Ghost in the Mirror
▼ + stars: | 2023-09-22 | by ( Soman Chainani | ) www.nytimes.com time to read: +1 min

If Hatke’s “Basement” is a quiet, haunted museum, Remy Lai’s graphic novel GHOST BOOK (Holt, 320 pp., $14.99, ages 8 to 12) is a crackle-pop of melodrama. Twelve-year-old July Chen can see ghosts that aren’t visible to anyone else — a useful skill during Hungry Ghost Month, when ghosts invade the world of the living. A boy ghost her age named William is at once friend and foe (turns out he’s not dead but in a coma; for him to live, she must die). (The bureaucracy here is worthy of New York City Building Code: a Birth Register, a Death Register, a Life Register, an Underlings Register.) All these scenes are drawn with a dreamlike zaniness, hewing closer to anime than Lai’s past work (“Pawcasso,” “Pie in the Sky,” “Fly on the Wall”).

Persons: ”, Milo, Remy Lai’s, Chen, William, he’s Organizations: New Locations: New York

☆ Best 1-Year CD Rates for September 2023
▼ + stars: | 2023-09-01 | by ( Martha C. White | ) www.wsj.com time to read: +6 min

By Martha C. WhiteWith interest rates on the rise, certificates of deposit are very much in the spotlight today. Best 1-year CD ratesToday’s market for one-year CDs is big and very competitive, with many offering even batter rates than on their longer-term options. The Fed has been steadily hiking interest rates in its effort to fight inflation. These CD rate picks picks reflect the best available one-year CD rates we found on DepositAccounts, com, which tracks roughly 275,000 rates at more than 11,000 banks and credit unions. When to buy a one-year CDWith one-year CD rates about as high as experts expect them to get, this is a good time to buy if you have money on the sidelines.

Persons: Martha C, you’re, ”, Kathy Carey, Baird, “ Organizations: Federal Reserve, FDIC, National Credit Union Administration Locations: U.S

Mr. Smith is not the first special counsel to investigate Mr. Trump. Mr. Smith, by contrast, faces no such limits given that Mr. Trump is no longer in office. Mr. Mueller said little when faced with a barrage of falsehoods pushed publicly by Mr. Trump and his allies about him and his investigative team. During Mr. Trump’s arraignment in Miami in June, Mr. Smith sat in the gallery, closely watching the proceedings. Some in the courtroom suggested he stared at Mr. Trump for much of the hearing, sizing him up.

Persons: General Merrick B, Garland, Jack Smith’s, Donald J, Trump, Smith, Maddie McGarvey, The New York Times “, ”, Ryan Goodman, Trump’s, Robert S, Mueller, Smith —, —, Goodman, Smith “, Edgar Hoover, Mueller III, Anna Moneymaker, Ted Stevens, “, Robert McDonnell, Rick Renzi, James, Smith’s, Jay I, Bratt, Cooney, Robert Menendez, Greg Craig, Obama, Andrew G, McCabe, Roger J, Stone Jr, William P, Barr, Aaron Zelinsky, Thomas P, Windom, Peter Dejong Mr, John H ., Carlos F, legwork, sotto, intently, Alan Feuer Organizations: White, The New York Times, New York University School of Law, Capitol, Washington, Department, Just Security, Trump, U.S, New York Times, Justice Department, Justice, Republican, Supreme, Mr, Department of Justice, Democrats, Robert Menendez of New, Hague, Credit, House Republicans, U.S . Postal Inspection Service Locations: Washington, The Hague, Russia, Alaska, Virginia, Arizona, Robert Menendez of, Robert Menendez of New Jersey, U.S, Netherlands, John H . Durham, ’, Miami

☆ Opinion: Whatever happened to Mutually Assured Destruction?
▼ + stars: | 2023-07-06 | by ( David A. Andelman | ) edition.cnn.com time to read: +8 min

On June 14, Belarus President Alexander Lukashenko announced that his country had taken delivery of the first of a collection of tactical nuclear weapons from Russia. Belarus has both a nuclear arsenal and a president who for decades has quietly played the role of Putin’s lap dog. And indeed, in a press conference Thursday in Minsk, he did claim to being in lockstep with Putin — adding that the nuclear weapons were for defensive purposes only. In the same press conference, Lukashenko nodded to the fact that those nuclear weapons were under Russia’s control. “In the early ’60s American officials worried that the Soviet Union would launch a less-than-all-out attack, reasoning that the US would not respond in a way that might trigger Armageddon,” he said.

Persons: David A, David Andelman, Bill Clinton, Boris Yeltsin, Ukraine’s Leonid Kuchma, Alexander Lukashenko, Putin, Lukashenko nodded, “, Joe Biden, Jens Stoltenberg, Kaja Kallas, Stoltenberg, nukes, Izumi Nakamitsu, Donald Trump, Biden, Vladimir Putin, Antony Blinken, crouch, ” Michael Mandelbaum, ”, Mandelbaum, – Vladimir Putin, hewing Organizations: CNN, French Legion of, The New York Times, CBS News, Soviet Union, Warsaw, David Andelman CNN, NATO, Belarus, Ukraine, Security Council, Nuclear Forces, Treaty, Twitter, Facebook, Johns Hopkins School, International, American Foreign, Power, MAD Locations: Russia, Europe, Soviet, Ukraine, Soviet Union, Crimea, Belarus, Hiroshima, Nagasaki, Minsk, lockstep, Vilnius, Lithuania, Brussels, Moscow, Russian

☆ Our Theater is Fighting About Diversity. Who’s Right?
▼ + stars: | 2023-05-17 | by ( Kwame Anthony Appiah | ) www.nytimes.com time to read: +2 min

But casting for a colorblind utopia can be a problem when your aim is to depict racial injustice. Nontraditional casting is of particular value where there’s a tradition to be bucked; familiar works or historical episodes can be experienced in fresh ways. In high school, I was cast as the menacing Goldberg in Harold Pinter’s 1957 play, “The Birthday Party.” (“Mazel tov! There’s a useful analogy, speaking of Goldberg variations, in the “historically informed performance” movement in music. But who would limit themselves to “authentic” performances of Bach’s “Goldberg” Variations — and thus miss the marimba player Pius Cheung’s rendition?

BRUSSELS, May 12 (Reuters) - Turkey's elections on Sunday are a key moment not just for the country itself but also for its European neighbours. Its internationally recognised government, composed of Greek Cypriots, is an EU member, while the breakaway Turkish Cypriot state is recognised only by Ankara. However, EU officials see little sign that Kilicdaroglu would change much on Cyprus. EU leaders designated Turkey as a candidate to join the bloc in 2004 but the talks ground to a halt years ago. There is already a lot of European money that has made its way to Turkey," said a European diplomat.

☆ Chris Wheeldon’s ‘Dangerous and Exciting’ Adventure at City Ballet
▼ + stars: | 2023-05-03 | by ( Roslyn Sulcas | ) www.nytimes.com time to read: +1 min

“There is an ambiguity about non-narrative work that feels both dangerous and exciting,” he said, “especially working the way I do — going into a room with the music and allowing whatever lies beneath to emerge. Nonetheless, Wheeldon said, he had been ambivalent about using the music. “I’ve been a bit frightened of it,” he said. “In parts it’s torturously beautiful and intensely romantic, with an underlying uneasiness to the romance. Even though it has five movements, there is no definition between them, so it feels like a long poem, and structurally that’s hard.”

☆ Tucker Carlson's history of alleged workplace sexism stretches back to 2015, long before Abby Grossberg
▼ + stars: | 2023-04-26 | by ( Katherine Long | ) www.businessinsider.com time to read: +10 min

Possible rationales include Murdoch's contempt for Carlson's religiosity and Carlson's insistence on hewing to conspiracy theories about the January 6, 2021 insurrection at the U.S. Capitol. Internal correspondence unearthed in a defamation lawsuit against Fox News showed Carlson used sexist expletives to refer to a female Fox executive and a guest. The company last week agreed to pay $787.5 million to settle a defamation lawsuit brought by Dominion Voting Systems. Carlson was one of many Fox News hosts who promoted false election conspiracies, the subject of the defamation suit, on their shows. Fox News is still facing a similar defamation suit from another voting machine manufacturer.

☆ Cuban singer-songwriter Pablo Milanés dies at 79
▼ + stars: | 2022-11-22 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

“The culture in Cuba is in mourning for the death of Pablo Milanes,” Cuban Prime Minister Manuel Marrero Cruz tweeted Monday night. Milanés and Rodríguez in particular became close, touring the world’s stages as cultural ambassadors for the Cuban Revolution, and bonding during boozy sessions. “If Silvio Rodríguez and I got together, the rum was always there,” Milanés told El Pais in 2003. Cuba’s aging leaders “are stuck in time,” Milanés told Spanish newspaper El Mundo. “These freedoms have been seen in small doses, and we hope that with time they will grow,” Milanés told The Associated Press.

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