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Democrats are among the doubters of Joe Biden's plan to tax the rich 28 Apr, 2021 01:47 AM 6 minutes to read Joe Biden's plan is expected to contain a near-doubling of the tax rate on capital gains and dividends for people earning more than US$1 million. Photo / AP Joe Biden's plan is expected to contain a near-doubling of the tax rate on capital gains and dividends for people earning more than US$1 million. Photo / AP Financial Times By: James Politi, Lauren Fedor, Andrew Edgecliffe-Johnson and Michael Mackenzie In April 2011 Barack Obama invoked the support of Warren Buffett, the b...

Facebook says it will pay $1.3 billion over three years to news media 24 Feb, 2021 11:45 PM 2 minutes to read By: Tali Arbel Facebook, following in Google's footsteps, says it plans to invest US$1 billion ($1.34b) to "support the news industry" over the next three years. The social networking giant, which has been tussling with Australia over a law that would make social platforms pay news organisations, said it has invested US$600 million since 2018 in news. Google said in October that it would pay publishers US$1b over the next three years. News companies want Google and Facebook to pay for...

SINGAPORE, Feb 23 (Reuters) - Oil prices jumped by more than US$1 on Tuesday, underpinned by optimism over Covid-19 vaccine rollouts and lower output as US supplies were slow to return after a deep freeze in Texas shut in crude production last week. Shale oil producers in the southern United States could take at least two weeks to restart the more than 2 million barrels per day (bpd) of crude output that shut down because of cold weather, as frozen pipes and power supply interruptions slow their recovery, sources said. Brent crude was up $1.10, or 1.7%, at $66.34 a barrel by 0...

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That's when we get to get a skirting hit from it. this is not a line. there will be hurricane conditions along the coast of florid florida, georgia, and the carolinas. even though it says off shore, this is 100 miles wide. even if we're 40 miles off shore, 100 miles wide takes some of the effect on to the u.s. absolutely with wind damage, storm surge, very, very heavy rainfall. you've prepared. you've let your guard down. now preprepare if yreprepare if coming. storm surge to 7 feet. that will be in the intercoastal as well. that will be in the back areas of the intercoastal. in those canals. ...