By Jarrett Renshaw (Reuters) – U.S. President Joe Biden will seek to raise the Medicare tax on high earners and push for more drug price negotiations to help keep the federal health insurance program solvent through at least 2050 as part of his budget proposal this week, the White House said. The tax increase from …
Biden plans tax on high-earners in bid to save Medicare Read More »
By Andrea Shalal WASHINGTON (Reuters) – Climate change is already having a major economic and financial impact on the United States and may trigger asset value losses in coming years that could cascade through the U.S. financial system, Treasury Secretary Janet Yellen will warn on Tuesday. Yellen will tell a new advisory board of academics, …
Yellen warns climate change could trigger asset value losses, harming US economy Read More »
By Ted Hesson WASHINGTON (Reuters) – The White House is considering restarting the detention of migrant families caught crossing the U.S.-Mexico border, four current and former U.S. officials told Reuters, which would reverse a move to end the practice. The Biden administration also is weighing reviving immigration arrests of migrant families within the United States …
White House may restart detention of migrant families – sources Read More »
(Reuters) – The White House will propose raising taxes on people earning more than $400,000 and reduce what Medicare pays for prescription drugs in a bid to keep the program stable, the Washington Post reported on Tuesday. “The president’s budget extends the life of the Medicare Trust Fund by at least 25 years,” the report …
Biden proposes to raise taxes on high earners to avert Medicare funding crisis- WaPo Read More »
(Reuters) -California will not do business with Walgreens Boots Alliance Inc, state Governor Gavin Newsom said in a tweet on Monday, days after the pharmacy chain said it would not dispense abortion pills in some Republican-dominated states. The state refuses to do business with Walgreens or “any company that cowers to the extremists and puts …
California to not do business with Walgreens over abortion pills issue- Governor Read More »
SAN SALVADOR (Reuters) – Women’s rights activists on Monday called for the Inter-American Court of Human Rights to condemn El Salvador in a case brought a decade ago by a woman who died after being forced to carry a pregnancy, although the fetus could not survive. In February 2013, a young woman known only as …
Activists urge human rights court to condemn El Salvador’s abortion ban Read More »
(Reuters) -U.S. regulators sent another list of questions to Freeport LNG on Monday as they evaluated its request to restart full commercial operations of its export facility in Texas. Last month, the privately held LNG export facility, the second-biggest in the U.S., started to exit an eight-month outage that was caused by a fire in …
U.S. regulators seek more answers from Freeport LNG to weigh restart request Read More »
By Blake Brittain (Reuters) – Meta Platforms Inc lost a bid on Monday to end a lawsuit in Boston federal court claiming it stole confidential information from artificial-intelligence startup Neural Magic Inc. Meta will have to face a trial over accusations that it took Neural Magic’s “breakthrough” algorithms that enable AI systems to process information …
Meta must face trial over AI trade secrets, judge says Read More »
(Reuters) -Paramount Global is mulling the possible sale of a majority stake in BET Media Group, which includes the BET cable network, BET Studios and VH1, a source with knowledge of the matter told Reuters. The company believes BET, an entertainment brand focused on the Black community and culture, would attract substantial interest from Black …
Paramount Global mulls sale of majority stake in BET -source Read More »
By Kanishka Singh WASHINGTON (Reuters) -The United States’ list of recently sanctioned entities for alleged support for Russia’s war effort in Ukraine includes two Canadian companies, U.S. and Canadian authorities said on Monday. The two electronics distribution companies from Montreal – Cpunto Inc and Electronic Network Inc – were listed for “acting contrary to the …
Two Canadian firms included in US sanctions list for alleged support to Russia Read More »
