Finance
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Climate Initiatives In Biden’s Inflation Reduction Act Will Cost Over $400 Billion More Than Initially Expected, CBO Says
Climate initiatives laid out in President Joe Biden’s Inflation Reduction Act (IRA) come with a bigger price tag than anticipated:…
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Sony Buys Stake In Michael Jackson’s Catalog For $600 Million
Sony Music Group has finalized a deal to acquire a 50% stake in Michael Jackson’s music catalog for $600 million,…
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Lawsuit Forces California Schools To Spend $2 Billion In COVID Funds On Learning Loss
California will have to $2 billion in pandemic relief funds to combat learning loss, thanks to a lawsuit from parents,…
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Bipartisan border deal dies after Senate fails to advance $118 billion compromise bill
The Senate killed off the $118 billion bipartisan border and foreign aid bill when a procedural vote on the hard-fought…
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John Kerry’s climate office faces GOP Oversight probe over coordination with eco group ‘kitchen cabinet’
The House Oversight and Accountability Committee is opening an investigation into the State Department over climate czar John Kerry’s apparent…
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Adams defends pre-paid migrant cards, part of $53M NYC pilot program: ‘Not giving people American Express’
New York City Mayor Eric Adams on Tuesday defended a reported $53 million pilot program to hand out pre-paid credit…
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Dozens Of NYC Govt Employees Arrested By Feds, Most Single-Day Bribery Arrests In DOJ History
Dozens of public housing employees in New York City were charged with bribery and extortion on Tuesday in a record…
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Snap to Lay off 10% of Global Workforce to ‘Promote In-Person Collaboration’
Snap, the maker of the social media platform Snapchat, says it will lay off 10 percent of its global…
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Disney+, Hulu, and ESPN+ to restrict password sharing in March
Streaming platforms Disney+, Hulu, and ESPN+ will restrict their subscribers from sharing passwords with others beginning next month. On March…
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Bezos plans on selling 50 million Amazon shares during next 12 months
Jeff Bezos plans to sell a large amount of Amazon shares in the next year, a filing with the Securities…
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