admin

President Joe Biden‘s coming infrastructure plan should dramatically reduce tax breaks for the energy industry and focus them on green initiatives, the chairman of a powerful Senate committee told CNBC. Sen. Ron Wyden, who leads the Senate Finance Committee, said such an overhaul is at the top of his agenda. “I think this would trigger
0 Comments
The Senate on Thursday approved by unanimous consent — without a roll-call vote — a bill that would increase oversight on Confucius Institutes, China-funded cultural centers that operate on university campuses. According to Human Rights Watch, Confucius Institutes “are Chinese government-funded outposts that offer Chinese language and culture classes.” However, some politicians, particularly Republicans, have
0 Comments
JGI/Tom Grill | Tetra images | Getty Images Self-employed and gig workers who have been waiting for new rules that would mean larger forgivable loans through the Paycheck Protection Program can now move forward with their applications. As of Friday, the Small Business Administration is ready to accept and process updated PPP applications from sole
0 Comments
Volunteers load shopping bags with food assistance for laid off workers at a food distribution event on Dec. 12, 2020 in Orlando, Florida. Paul Hennessy/NurPhoto via Getty Images Democrats are poised to send more unemployment benefits to laid-off workers. Meanwhile, some workers are still waiting on the last tranche, authorized months ago. A $900 billion
0 Comments
The row of two-story tall 3D printer bays at the company’s headquarters. Relativity Space The founders of two private rocket-building companies met today – one, the richest person on Earth; the other, leader of a venture pushing the boundaries of manufacturing. Jeff Bezos stopped by the gleaming new “factory of the future” of Relativity Space
0 Comments
MoMo Productions | Getty Images The U.S. Department of Education has offered most federal student loan borrowers the option of pausing their payments, without interest accruing, through September because of the financial fallout of the pandemic. Most have accepted. In fact, just around 10% of the country’s 44 million student loan borrowers are currently repaying
0 Comments
Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Billionaire investor Chamath Palihapitiya, the chairman of Virgin Galactic who took the company public through a SPAC deal in 2019, sold his remaining personal stake earlier this week, a securities
0 Comments