Biden Tax Returns Show Income and Effective Rate Fell in 2022
President Joe Biden and First Lady Jill Biden paid $169,820 in federal and state income tax on a combined $579,514 in adjusted gross income, according to their annual tax returns.
Bloomberg Business
Ajinomoto May Build New Factory for Crucial Film Used in Electronic Chips
Ajinomoto Co., better known for its seasonings, oils and food products, may add a new manufacturing base to produce more of a specialized material used for semiconductors, Chief Executive Officer Taro Fujie said.
Rapper Michel Says Jho Low Paid $20 Million for Obama Photo
Grammy-winning rapper Pras Michel told jurors Tuesday at his illegal-lobbying trial that the party-boy Malaysian tycoon Jho Low — once a friend and now a fugitive — paid him $20 million to get a photo with President Barack Obama in 2012.
McConnell Opposes Replacing Ailing Dianne Feinstein on Judiciary Committee
Senate Republicans blocked a bid by Majority Leader Chuck Schumer to temporarily replace an ailing Senator Dianne Feinstein on the Judiciary Committee with another Democrat, leaving a cluster of President Joe Biden’s judicial picks in limbo.
Tech Firms Try to Muzzle Workers With NDAs, SEC Tipsters Say
Some top US technology companies are forcing workers to sign allegedly illegal labor agreements, according to complaints filed with the Securities and Exchange Commission, despite years of enforcement by the agency against the practice.
Ukraine Latest: Germany Ships Patriot System to Bolster Defenses
A Russian court rejected an appeal by Wall Street Journal reporter Evan Gershkovich against his detention on allegations of espionage in a case that’s highlighted the growing pressure on journalists in the country.
Western Alliance Soars on Deposit Rebound, Earnings Beat
Western Alliance Bancorp shares surged as much as 20% after the bank beat earnings estimates and said deposits recovered after the collapse of three regional banks raised questions about the health of the US financial system.
Pentagon Cites China’s Military Threat as Beijing Spurns Calls to Talk
Senior US defense officials warned lawmakers about the growing risks of Chinese military power and the need to accelerate US development of hypersonic weapons.
Anglo American Scours for Opportunities to Join Copper Dealmaking Surge
Anglo American Plc is keeping close tabs on renewed copper deal-making to see if and when it could jump in, a company official said, without ruling out a bid for Teck Resources Ltd. assets.
Japanese Banks Face ‘Gender Washing’ Spotlight on Its Managers
Some Japanese banks may soon come under the spotlight for potential “gender washing” over the way they count the number of women in management positions.
