Politics
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
Satellite images show Russian warplanes destroyed in Crimea; Moscow’s military exports under strain
Satellite imagery shows at least 8 Russian warplanes hit in Crimea attack Satellite imagery from U.S.-based Planet Labs shows at least eight Russian warplanes damaged or destroyed from massive explosions that took place on Tuesday at Russia’s Saky airbase in Crimea. The Kremlin has denied that any planes were damaged in the blasts that it […]
Read More
Beijing’s new trade restrictions on Taiwan after Pelosi’s visit are a drop in the ocean
Beijing’s new trade blocks against Taiwan affect about 0.04% of their two-way trade, making them more political than economic. Beijing took action against Taiwan following U.S. House Speaker Nancy Pelosi’s visit to the island earlier this month despite warnings from Beijing. That included suspensions of imports of Taiwanese citrus, frozen fish, sweets and biscuits and […]
Read More
U.S. rethinks steps on China tariffs in wake of Taiwan response, sources say
US President Joe Biden gestures as he meets with China’s President Xi Jinping during a virtual summit from the Roosevelt Room of the White House in Washington, DC, November 15, 2021. Mandel Ngan | AFP | Getty Images China’s war games around Taiwan have led Biden administration officials to recalibrate their thinking on whether to […]
Read More
How the EV tax credits in Democrats’ climate bill could hurt electric vehicle sales
Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV owners. George Frey | Getty Images Proposed tax credits of up to $7,500 for electric vehicles under the Inflation […]
Read More
Boeing delivers first 787 Dreamliner since 2021 ending pause over manufacturing flaws
An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company’s final assembly facility in North Charleston, South Carolina. Travis Dove | Bloomberg | Getty Images Boeing delivered its first 787 Dreamliner in more than a year on Wednesday, ending a pause on handovers of the […]
Read More
U.S. charges Iranian national of plot to assassinate former Trump advisor John Bolton
National Security Advisor John Bolton answers questions from reporters as he announces that the U.S. will withdraw from a treaty with Iran during a news conference in the White House briefing room in Washington, October 3, 2018. Jonathan Ernst | Reuters WASHINGTON — The Department of Justice charged an Iranian national on Wednesday for plotting to […]
Read More
Georgia gubernatorial candidate Stacey Abrams tests positive for Covid, has mild symptoms
Stacey Abrams, Democratic gubernatorial candidate for Georgia, speaks during a news conference on Georgia’s economy in Atlanta, Georgia, US, on Tuesday, Aug. 9, 2022. Dustin Chambers | Bloomberg | Getty Images Democratic Georgia gubernatorial candidate Stacey Abrams has Covid-19, her campaign said Wednesday. Abrams campaign spokesperson Alex Floyd said Abrams tested positive for the respiratory […]
Read More
How Detroit moved on from its legendary bankruptcy
A new wave of development is rippling through downtown Detroit. “Walking around Detroit in 2008 or 2009 is not the same as walking around in 2022,” said Ramy Habib, a local entrepreneur. “It is absolutely magnificent what happened throughout those 15 years.” Between 2010 and 2019, just 708 new housing structures went up in the […]
Read More
Zelenskyy vows to liberate Crimea; Ukraine fears Russian damage to major nuclear plant
Zelenskyy vows to liberate Russian-annexed Crimea People rest on a beach as smoke and flames rise after explosions at a Russian military airbase, in Novofedorivka, Crimea August 9, 2022. Stringer | Reuters Ukrainian President Volodymyr Zelenskyy vowed in his nightly address that Ukraine would liberate its southern peninsula of Crimea, which was annexed by Russia […]
Read More