Politics

Trump Promised to Protect Steel. Layoffs Are Coming Instead.

CONSHOHOCKEN, Pa. — At This particular sprawling steel mill on the outskirts of Philadelphia, the workers have one number in mind. Not how many tons of steel roll off the line, or how many hours they work, however where they fall on the plant’s seniority list. In September, ArcelorMittal, which owns the mill, announced that will the idea might lay ...

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Trump promotes corporate bonuses after GOP tax plan passes

Jonathan Ernst | Reuters President Donald Trump sits at his desk before signing legislation within the Oval Office of the White House in Washington, U.S., December 22, 2017. Still, the number of companies announcing such bonuses is usually only a tiny fraction of the number of major corporations within the United States. (Disclosure: Comcast, one of the companies that will ...

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Renewable energy along with electric vehicles dodge a bullet in tax bill

Investment from the renewable sector is usually also under threat by a provision from the Senate bill called the Base Erosion Anti-Abuse Tax, or BEAT, a provision in which targets companies in which lower their tax bill through cross-border transfers to affiliates. The BEAT is usually complicated, although here’s the takeaway for renewables. from the original Senate bill, claiming production ...

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Trump signs GOP tax plan, short-term government funding bill

Jonathan Ernst | Reuters President Donald Trump displays his signature after signing the $1.5 trillion tax overhaul plan inside the Oval Office of the White House in Washington, U.S., December 22, 2017. Democrats, meanwhile, have seized on dismal public opinion polling on the plan along with also the fact in which most individual tax cuts would likely expire under in ...

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House Democrats rally to protect special counsel Robert Mueller

Democrats from the U.S. House of Representatives rallied behind special counsel Robert Mueller on Thursday, after recent attempts by Republicans along with also conservative news outlets to discredit him along with also his probe into Russian interference from the 2016 presidential election. In a letter sent to Justice Department Deputy Attorney General Rod Rosenstein, 171 of the 193 Democrats from ...

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Sen. McConnell mocks Steve Bannon’s ‘political genius’ after Moore defeat

Nicole Craine | Bloomberg | Getty Images Steve Bannon, chairman of Breitbart News Network LLC, speaks during a campaign rally for Roy Moore, Republican candidate for U.S. Senate via Alabama, not pictured, in Fairhope, Alabama, U.S., on Tuesday, Dec. 5, 2017. Senate Majority Leader Mitch McConnell will be mocking Steve Bannon for backing losing Republican candidate Roy Moore in of ...

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Prosecutors are reportedly seeking Kushner records by Deutsche Bank

Nicholas Kamm | AFP | Getty Images Jared Kushner, son-in-law along with senior adviser of President Donald Trump. Federal prosecutors are seeking information about Trump senior advisor Jared Kushner’s real estate business, The fresh York Times reported Friday, citing four sources. Prosecutors inside United States attorney’s office for the Eastern District of fresh York subpoenaed Deutsche Bank in recent weeks ...

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