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Investors push Glencore to scrap spin-off of heavily polluting coal division | Glencore

Glencore has backed away from plans to spin off its coal business after shareholders urged the company to keep the highly profitable but polluting division. The FTSE 100 company said shareholders overwhelmingly supported keeping the coal business alive rather than plans to list it as a separate company on the New York Stock Exchange. More […]

Prosecutors Scrap Nearly 80 Arrests From Pro-Palestine University Protest

Texas prosecutors on Wednesday dismissed nearly 80 arrests on suspicion of trespassing at a pro-Palestinian protest at the University of Texas, according to the Associated Press. Travis County Democratic State’s Attorney General Delia Garza said 79 trespass cases stemming from the April 29 school protests were dismissed because her office failed to meet its legal […]

IRS asks Congress to scrap employee retention credit amid 'gold rush' of bogus claims

The IRS is plagued by false Employee Retention Tax Credit (ERC) claims and is asking Congress for help. IRS Commissioner Danny Wuerfel also said Thursday that the IRS has completed an internal review of the ERC claims process and will use that information to “reject billions of dollars in clearly unjustified claims.” “This program has […]

Republican senators praise Trump's plan to scrap taxes on tips

Republican senators on Capitol Hill met with top GOP candidates on Thursday and then brought up former President Trump’s proposal to repeal the tip tax, aimed at garnering support from voters who work in the service industry. “One of the other senators told him that this is really about a large segment of the workforce, […]

Anti-Trump Lawmakers Push Bill to Scrap Trump-Era Win for Veterans’ Health Care

Sen. Jon Tester (D-MT) and Rep. Matt Rosendale (R-MT) are on the brink of potentially undermining one of former President Donald Trump’s centerpiece Department of Veterans Affairs (VA) reforms. He is promoting a certain health care bill. The VA is the nation’s largest health care system. However, its medical records system suffers from an aging […]