Elon Musk revives old banking dream by chasing $250 billion Twitter valuation

Behind Elon Musk’s gamble from Twitter Inc. To create a company worth more than $250 billion is a cherished idea he’s stuck with for more than two decades: digital banking. The billionaire entrepreneur has been talking dribs and drabs about what Twitter 2.0 could eventually look like under his control. But late last week, he … Read more

UN food chief: Billions needed to prevent unrest and famine

UNITED NATIONS (AP) — Without additional billions of dollars to feed millions of hungry people, the world will see mass migration, destabilized countries and starving children and adults over the next 12 to 18 months, the head of the Nobel Prize-winning UN World Food Program warned Friday. David Beasley praised the increased funding from the … Read more

Counting lives and an AIDS foreign policy helps save

Often retrospectives on US foreign policy focus on the missteps and the boondoggles. A look at the number of lives saved in the war against AIDS points to a remarkable and underappreciated policy success. Twenty years ago this spring, the George W. Bush administration launched a comprehensive initiative for the prevention, care and treatment of … Read more

Many electric vehicles lose major tax benefits with new rules

WASHINGTON (AP) — Fewer new electric vehicles qualify for a full $7,500 federal tax credit later this year, and many will get just half, under rules proposed Friday by the US Treasury Department. The rules required under last year’s Inflation Reduction Actare likely to slow consumer adoption of electric vehicles and could delay President Joe … Read more

How Republican lawmakers are reacting to the impeachment of Donald Trump

Senator John Cornyn walks into the Senate chambers for a nomination vote at the U.S. Capitol Building on December 5, 2022 in Washington, DC. (Anna Moneymaker/Getty Images) Some Republican lawmakers have criticized the Manhattan Grand Jury’s indictment of Donald Trump on Thursday. This is what they say: Are. John Cornina member of the Senate GOP … Read more

Finland will deal a blow in NATO

Turkey on Thursday became the latest North Atlantic Treaty Organization ally to approve Finland’s entry into the alliance — a move that has huge political and military implications, almost all of which will benefit the US. , it is difficult to overstate the importance of Finland’s NATO membership. Finland has long been a buffer between … Read more

A Biden Bait-and-Switch on electric vehicles

Senator Joe Manchin, DW.Va., asks questions at a Senate Appropriations Subcommittee on Financial Services and General Government hearing to examine proposed fiscal year 2024 budget estimates and justification at the Capitol in Washington on Wednesday, March 22, 2023. (AP Photo/ Amanda Andrade-Rhoades) Photo: Amanda Andrade-Rhoades/Associated Press We interrupt Donald Trump’s latest melodrama for a word … Read more

Russia clashes with US over tactical nuclear weapons for Belarus

UNITED NATIONS (AP) — Russia and the US clashed Friday at the United Nations over Moscow’s plans to deploy tactical nuclear weapons in Belarus. ” China, without mentioning Russia, made it clear that it opposed the planned deployment. Ukraine’s UN Ambassador Sergiy Kyslytsya called for the meeting of the UN Security Council following Russian President … Read more

New EV rules mean fewer models qualify for tax relief

WASHINGTON — The Biden administration has detailed new criteria for an electric vehicle tax credit program, a change that officials said they expect will reduce the number of eligible models. The new rules, issued by the Treasury Department on Friday, aim to make the US less dependent on batteries and critical minerals shipped from China. … Read more

EPA approves California rules phasing out diesel trucks

SACRAMENTO, Calif. (AP) — The Biden administration on Friday paved the way for California’s plan to phase out a wide variety of diesel trucks, part of the state’s effort to dramatically cut the planet’s warming emissions. reduce and improve air quality in high traffic areas such as ports along the coast. The U.S. Environmental Protection … Read more