JUNE 9, 2021
U.S. Vice President Harris visits Mexico. - Reuters/CARLOS BARRIA
MEXICO CITY, MEXICO - Mexican President Andres Manuel Lopez Obrador said on Wednesday that Mexico was in a completely new phase of relations with the United States, a day after a visit by U.S. Vice President Kamala Harris to Mexico City.
Calling Harris an "extraordinary woman", Lopez Obrador said...
JUNE 9, 2021
WASHINGTON, D.C. — US President Biden on Wednesday revoked executive orders targeting the Chinese-owned TikTok and WeChat apps signed by former President Donald Trump, and signed a new order requiring security reviews of these and other apps in the jurisdiction of foreign adversaries.
The new order directs the Commerce Department to instead evaluate software applications connected with foreign...
JUNE 9, 2021
This June 7, 2021 image made available by NASA shows the Jovian moon Ganymede as the Juno spacecraft flies by. “This is the closest any spacecraft has come to this mammoth moon in a generation,” said Juno's lead scientist, Scott Bolton of the Southwest Research Institute in San Antonio. (NASA/JPL-Caltech/SwRI/MSSS via AP)
CAPE CANAVERAL, FLORIDA — NASA’s...
JUNE 8, 2021
Joe Raedle/Getty Images
Too much of billionaires' true economic income is not getting counted on their tax returns.
We can count more capital gains as income, to make them report more income and pay more tax.
To do this, eliminate "stepped-up basis" rules and prevent double deduction of charitable giving.
ProPublica has obtained years of federal...
JUNE 8, 2021
Traders work on the floor of the New York Stock Exchange.
Stock futures were flat in overnight trading on Tuesday after Wall Street appeared range-bound near its record levels.
Futures on the Dow Jones Industrial Average were little changed. S&P 500 futures and Nasdaq 100 futures also held steady.
The S&P 500 and the blue-chip Dow both closed near...
JUNE 8, 2021
Apple CEO Tim Cook. - Source: Apple
KEY POINTS:
Monday’s WWDC announcements showed that Apple’s privacy strategy is now part of its products: Privacy was mentioned as part of nearly every new feature, and got stage time of its own.
New features include ways to stop email tracking, burner emails, and a VPN competitor that obscures IP addresses.
...
JUNE 8, 2021
Troves of private tax records from the country’s wealthiest residents were leaked to ProPublica, which published an analysis of the data on Tuesday morning.
The nonprofit investigative news organization used the leaked Internal Revenue Service records to show that some of the ultra-rich, such as Jeff Bezos, Elon Musk, and George Soros, paid no federal income taxes in...
JUNE 8, 2021
Sorry, no more this month. Andrew Krok/Roadshow
General Motors won't be building many more 2021 Chevy Corvette models this month, according to a letter straight from the automaker. Corvette Action Center last week published a letter from the automaker, meant for all Chevy dealerships in the US, saying, "General Motors has had to make an adjustment in the...
JUNE 8, 2021
The U.S. has recovered much of the ransom payment that the Russian hacker group DarkSide extorted from Colonial Pipeline earlier this year, the Justice Department said Monday.
The announcement details a rare disruption of the cryptocurrency payment systems favored by hackers, which have enabled ransomware efforts around the world.
The FBI was able to seize control of DarkSide's proceeds...
JUNE 8, 2021
Leaked tax documents showed that ultra-rich Americans like Tesla CEO Elon Musk paid very little or no taxes. - Hannibal Hanschke/Pool via AP
The IRS has opened an investigation into apparently leaked tax documents showing that ultra-rich Americans like Amazon founder Jeff Bezos, Tesla CEO Elon Musk and business tycoon Warren Buffett paid very little or no...
