The legislation cuts in half a tax write-off potentially worth hundreds of millions to some professional sports team owners.
Category: United States Politics and Government
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Electric Vehicles Died a Century Ago. Could That Happen Again?
Battery-operated vehicles were a mainstay more than a hundred years ago, but only a few still exist — one happens to be in Jay Leno’s garage.
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Trump Allies Look to Benefit From Pro Bono Promises by Elite Law Firms
Veterans, in particular, are seeking free legal work from firms that cut deals with the White House like Skadden, Kirkland & Ellis and Paul Weiss.
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Pivoting From Tax Cuts to Tariffs, Trump Ignores Economic Warning Signs
The president’s economic policy approach is so far rattling markets, businesses and consumers.
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Trump’s E.U. Tariff Threat Could Cause Economic Damage Beyond Europe
A 50 percent tax on European imports would hit the continent hard, hurt the U.S. economy and slow growth globally.
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Karen Dunn and Other Top Lawyers Depart Paul Weiss to Start Firm
They are leaving a few months after Paul Weiss cut a deal with the White House to avoid an executive order that would have restricted its business.
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Who won a seat at Trump’s crypto Dinner?
The New York Times reviewed a guest list and social media posts to identify who was invited to President Trump’s private event for customers of his cryptocurrency business on Thursday and a White House tour on Friday. Here are some of them.
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The Small Tweaks That Republicans Slipped Into the Domestic Policy Bill
In their fiscal package, Republicans have slipped in a hodgepodge of tweaks that are, at times, only tangentially related to the rest of the bill.
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South Africa Sets the Stage for Starlink Approval
A proposed regulatory change would allow Elon Musk’s satellite company and others like it to get a license without having to sell shares to Black South Africans.
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Trump Escalates Tariff Threats, Targeting Europe and Apple
The president threatened both Apple and the European Union with higher tariffs on social media Friday morning, saying that trade talks with the Europeans had stalled.
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Trump Takes on Apple — and Harvard, BlackRock and the E.U.
The president escalated battles with prominent American companies and institutions, as well as a key trading partner. The damage could be extensive.