Ministers introduce plans to remove all hereditary peers from Lords | House of Lords

The government is proposing to expel all remaining hereditary peers from the House of Lords in the biggest parliamentary shakeup in a quarter of a century. Britain's remaining 92 hereditary peers would lose their seats and voting rights in the House of Lords under proposals put forward by ministers on Thursday. The move completes reforms […]

Harris to announce new economic plans focused on boosting small businesses

As part of her economic plan, Vice President Harris will propose expanding tax cuts for Americans starting small businesses, a Harris campaign official told The Hill. The proposal would expand the tax credit for small business start-up costs tenfold, from $5,000 to $50,000, and if elected president, Harris would aim to see 25 million new […]

Intel CEO to pitch board on plans to shed assets, cut costs, source says

Intel Chief Executive Officer Pat Gelsinger and key executives plan to present a plan to the company's board later this month to cut nonessential businesses and restructure capital spending in an effort to revive the chipmaker's once-dominant position, according to people familiar with the matter. The plan also includes ideas about how to cut overall […]