Rich Americans are writing off taxes they owed before they moved to Puerto Rico, the Senate Finance Committee says.
Category: United States Politics and Government
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Ford Reports Higher Profit Thanks Partly to Tariff Refund
Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.
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Warsh Clears an Early Hurdle on Path to Fed Chair
The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon.
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United Airlines CEO, Rebuffed by American, Says He’s Skeptical of Other Deals
The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort.
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The Stakes of Trump’s Latest Fight With Disney
The Federal Communications Commission is clashing again with the media giant. It’s another warning about the costs of angering President Trump.
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New Disney Boss Is Tested by Trump and His Administration
Josh D’Amaro, who took the helm in February, will have to lead Disney through surprising new scrutiny from the president.
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Loss of Emirates Further Weakens OPEC’s Influence
The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years.
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Judge Asks Justice Department: Will You Oppose Trump?
A federal judge has ordered the Justice Department to explain whether it intends to contest President Trump’s $10 billion lawsuit against the I.R.S. over the disclosure of his tax returns.
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Supreme Court Appears Skeptical of Falun Gong Lawsuit Against Cisco
The court’s decision could have broader implications for lawsuits seeking to hold companies liable for international human rights abuses.
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FCC Orders a Review of ABC’s Licenses Amid Feud Between Trump and Kimmel
The agency said the review was related to the network’s diversity and inclusion policies. But it came amid a fight between the president and the network’s late night host, Jimmy Kimmel.
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Stephen Colbert Gets Ready to Hang It Up
His late-night show ends next month after 11 seasons. He has lots of feelings.