Economy

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Jeff Bezos Sells $214M Worth Of Amazon Shares In Latest Stock Move, Here's How Much He Still Owns

Amazon.com Inc. (NASDAQ:AMZN) executive chair Jeff Bezos has sold off a significant chunk of his Amazon shares, according to a filing with the U.S. Securities and Exchange Commission.

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Biden administration sets plan to triple US nuclear energy capacity by 2050

The road map aims for 200 GW of net new capacity from newly built reactors, restarts of plants retired for economic reasons and power uprates of existing reactors, the White House said Tuesday.

  • by:
  • Source: Yahoo
  • 11/13/2024
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Spirit Airlines preparing for bankruptcy amid failed merger and financial turmoil

Spirit Airlines is now reportedly in advanced talks over a possible bankruptcy filing following a failed merger and continued financial struggles, The Wall Street Journal reported Tuesday evening.

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In Arizona, Trump Proposes Pay Raise for Border Patrol

Trump also touted an endorsement from the National Border Patrol Council.

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Illegal Immigrant Defrauds IRS in $25 Million Tax Scheme, Sentenced to 6 Years in Prison

Miguel Martinez, a 39-year-old Mexican national living in Bakersfield, California, was sentenced on Thursday to six years in prison for leading a $25 million fraud against the IRS. He faces 10 years in prison. He was one of two Bakersfield-area men charged with conspiracy to defraud the United States and submission of false claims to […]

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California Governor Signs Law Banning All Plastic Shopping Bags

The earlier ban on thin plastic single-use bags led to increased waste, as most of the replacement thicker plastic bags are not recyclable and seldom reused.

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The One Energy Policy That Trump and Harris Agree On

Both presidential candidates support nuclear energy—but each for different reasons.

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IRS Plans Changes to Boost Retirement Savings With $1,000 Saver’s Match Program

The IRS is seeking public input on the plans for taxpayer-funded matching contributions of up to $1,000 per year, before the 2027 rollout.

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Climate Change Authority Calls for Campaign Against Misinformation, More Policy Interventions

The authority suggested the Capacity Investment Scheme could be legislated, administered by a standalone statutory agency and increased in size and pace.

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Federal Government Grants First LNG Export After Moratorium Overruled

A decision in January to pause approval of new licenses for exporting LNG to countries that are not U.S. trade partners was blocked by a federal court in July.

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Government Spending Keeping Economic Growth Alive: Treasurer

Experts have declared Australia is now in an ‘undeclared recession.’

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US Government Urges Supreme Court to Allow Utah Rail Line to Be Built

Challengers say a federal board’s environmental impact assessment for the rail project was poor quality and should be reviewed.

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Over 10,000 Hotel Workers on Strike for Labor Day Weekend

Hotels in eight cities are affected by the strike. Further strikes could begin ‘at any time’ in Baltimore, New Haven, Oakland, and Providence, the union said.

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Federal Agency Releases Plan to Open 31 Million Acres of Public Land to Solar Development

Under the plan, projects could be permitted across 11 states on certain types of federal lands less than 15 miles from transmission lines.

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Treasurer Open to Amending Green Manufacturing Bill Amid Inflation, Transparency Concerns

Regional MPs have also expressed scepticism on whether the Future Made in Australia Bill will help remote communities.

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