Month: August 2022
GM reveals new GMC Canyon premium midsize pickup, starting at $40,000
DETROIT — General Motors on Thursday revealed its redesigned GMC Canyon as a more premium offering than the current midsize pickup, including a new off-road AT4X model that will expand the vehicle’s pricing range. The new AT4X model features off-road performance parts as well as unique interior and exterior styling. It will launch alongside a […]
Read More
U.S. murder rates were still up in 2021 but recent data suggests that trend could be reversing
There were 6% more murders nationally in 2021 than in 2020. That’s a troubling statistic, but modest when compared to the prior year, when the U.S. murder rate climbed nearly 30%, a year-over-year record. That big increase “was a complex combination of factors related to or potentially exacerbated by the pandemic but not inherently the […]
Read More
State, local relief not in cards for residents of high-tax states as House assesses Inflation Reduction Act
Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images After fighting to repeal the $10,000 limit on the federal deduction for state and local taxes, known as SALT, a group of House […]
Read More
An unusual deal gave Virginia Gov. Glenn Youngkin $8.5 million in stock. He paid $0 in tax on it.
Virginia Republican gubernatorial nominee Glenn Youngkin speaks during his election night party at a hotel in Chantilly, Virginia, U.S., November 3, 2021. Elizabeth Frantz | Reuters In January 2020, Glenn Youngkin, now the Republican governor of Virginia, got some welcome news. A complex corporate transaction had gone through at the Carlyle Group, the powerful private […]
Read More
Facebook testing new encrypted backups for Messenger chat app
Onur Dogman | Lightrocket | Getty Images Meta, formerly Facebook, announced plans on Thursday to test a new secure storage feature for backups of users’ end-to-end encrypted chats on Messenger. The announcement comes after Facebook turned over Messenger chat histories to Nebraska police as part of an investigation into an alleged illegal abortion. A Meta […]
Read More
McDonald’s says it’s planning to reopen some restaurants in Ukraine
People are stand queue to McDonald’s in central Kyiv, Ukraine, on 29 May, 2020. STR | Nurphoto | Getty Images McDonald’s said Thursday that it is planning a phased reopening of some of its restaurants in Ukraine, where the company noted other businesses are safely operating. The fast-food company said in a message posted to […]
Read More
No more $10 flights: Budget airline Ryanair says ticket prices will have to rise
Ryanair is well-known for its low-price flash sales, but CEO Michael O’Leary says super cheap flights are unsustainable in the current climate. Nicolas Maeterlinck | AFP | Getty Images The CEO of Ryanair, Europe’s biggest airline by passenger numbers, says the era of super cheap air travel is over. “I don’t think there are going […]
Read More
UK’s urgent polio vaccine rollout for children in London ‘a wake-up call’ as more virus traces found
Manjurul | Istock | Getty Images Britain is rolling out urgent polio vaccinations for all London-based children under 10 as a reemergence of the virus across the U.K., U.S. and Israel stoked fears of a wider outbreak. The immunization campaign is aimed at providing a “high level of protection from paralysis” and limiting further spread […]
Read More
Ether surges 13% to a two-month high after ethereum inches closer to long-awaited upgrade
Omar Marques | LightRocket | Getty Images Ether soared to a two-month high after developers successfully completed a final dress rehearsal for a pivotal upgrade expected to happen next month. The world’s second-biggest cryptocurrency reached a price above $1,927 at around 8:20 a.m. ET Thursday, according to data from CoinMetrics. That’s its highest level since […]
Read More
U.S. Postal Service to temporarily hike prices for holiday season
A United States Postal Service (USPS) worker exits a Grumman Long Life Vehicle. Paul Weaver | SOPA Images | Lightrocket | Getty Images The U.S. Postal Service filed a notice Wednesday of a temporary price hike for this year’s peak holiday season, which it said would help cover extra handling costs. The agency said the […]
Read More