ROME — President Biden capped a long weekend of diplomacy on Sunday with a swaggering proclamation of America’s renewed force on the world stage, claiming credit for what he cast as breakthroughs on climate change, tax avoidance and Iran’s nuclear ambitions at the end of a Group of 20 summit that was missing some of […]
What’s Up? (Oct. 24-30) The Facebook Papers Last week, more than a dozen news organizations published reports based on a trove of Facebook’s internal documents leaked by a former product manager. The documents detail what Facebook knew about its role in radicalizing users, employees’ questions about the impact of its core features, and its struggles […]
WASHINGTON — The Biden administration announced on Saturday that it had reached a deal to roll back tariffs on European steel and aluminum, an agreement that officials said would lower costs on goods like cars and washing machines, reduce carbon emissions, and help get supply chains moving again. The deal, which comes as President Biden […]
ROME — President Biden and other world leaders endorsed a landmark global agreement on Saturday that seeks to block large corporations from shifting profits and jobs across borders to avoid taxes, a showcase win for a president who has found raising corporate tax rates an easier sell with other countries than with his own party […]
WASHINGTON — Leaders of the Group of 20 nations are set to sign off on the most sweeping overhaul of the international tax system in a century when they gather in Rome this weekend, ushering in a 15 percent global minimum tax and changes to how governments can impose levies on large, profitable multinational companies. […]
Facebook’s new name Yesterday, Facebook announced it would rebrand itself as Meta. The company will begin trading under the ticker MVRS on Dec. 1. It’s a clear move by the founder Mark Zuckerberg to de-emphasize the company’s most successful product and reorient itself around a vision of a virtual-reality enabled future that Meta’s own executives […]
The “Rust” producers are a rather motley band — a “ragtag group,” as The Hollywood Reporter called them this week. Five of the six were physically on the New Mexico set on the day of the shooting, according to the spokeswoman for the producing team. They were not, however, in the immediate area where Mr. […]
ImageFoot traffic at the IDS Center, a skyscraper housing offices and retail shops in Minneapolis, was sparse on Tuesday.Credit…Tim Gruber for The New York Times Government data is expected to show that economic growth slowed sharply over the summer, as supply-chain bottlenecks and the resurgent pandemic restrained activity at stores, factories and restaurants. The Commerce […]
WASHINGTON — As they hunt for revenue to pay for their sprawling spending bill and try to unite a fractured caucus, Democrats are attempting to rewrite the United States tax code in a matter of days, proposing the kind of sweeping changes to how America taxes businesses and individuals that would normally take months or […]
Rent the Runway will start trading on the public markets on Wednesday, testing investor appetite for its apparel rental model in the wake of a brutal year. The listing represents a milestone for the buzzy venture capital-backed company, which was founded in 2009 by Jennifer Hyman and Jennifer Carter Fleiss, and arrives during a flurry […]
