Oct 18 U.S. sanctions 10 Hamas members and its financial network over surprise Israel attack By Fatima Hussein, Associated Press Targeted for Treasury Department sanctions are Hamas investment portfolio managers, a key Hamas commander and a Gaza-based virtual currency exchange, among others. Continue reading
Oct 17 Stalled spending on electrical grids slows rollout of renewable energy, endangering climate goals By David McHugh, Associated Press Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines aren't added or refurbished in the next few years. Continue reading
Oct 17 IRS plans rollout of free e-file tax return system with invitations to limited taxpayers By Fatima Hussein, Associated Press The agency, which is working on implementing state filing into its pilot, estimates that hundreds of thousands of taxpayers will participate in the limited rollout of the program for the 2024 filing season. Continue reading
Oct 16 Rite Aid files for bankruptcy amid financial losses, opioid-related lawsuits By Tom Murphy, Elaine Kurtenbach, Associated Press The drugstore chain said late Sunday it also has obtained $3.45 billion in fresh financing from some of its lenders. That will help support the company through its voluntary Chapter 11 process. Continue reading
Oct 15 Analysis: The potential global impact of California's new corporate climate disclosure laws By Lily Hsueh, The Conversation The legislation is a major leap from current federal and state reporting requirements, which require reporting of only certain emissions from companies’ direct operations. Continue reading
Oct 13 U.S. oil production hits all-time high, conflicting with efforts to curb climate change By Seth Borenstein, Associated Press United States domestic oil production has hit an all-time high last week, contrasting with efforts to slice heat-trapping carbon emissions by the Biden administration and world leaders. Continue reading
Oct 13 Call of Duty and Warcraft studio Activision Blizzard now part of Microsoft By Jake Valentine, Wealth of Geeks The United States Federal Trade Commission held a hearing but ultimately approved the acquisition. Continue reading
Oct 12 X has taken down hundreds of Hamas-linked accounts, CEO says. An expert thinks it's not enough By Kelvin Chan, Associated Press The head of Musk's social media platform X says the company formerly known has Twitter has removed hundreds of Hamas-linked accounts and taken down or labeled tens of thousands of pieces of content since the militant group's attack on Israel. Continue reading
Oct 12 Social Security recipients will get over $50 more per month on average in 2024 By Fatima Hussein, Associated Press This year's 8.7 percent benefit increase was brought on by record 40-year-high inflation, which pushed up the price of consumer goods. With inflation easing, the next annual increase is markedly smaller. Continue reading
Oct 12 September's U.S. consumer inflation eased slightly as price pressures cool By Christopher Rugaber, Associated Press Still, on a month-to-month basis, prices are still rising faster than is consistent with the Fed’s 2 percent target. Continue reading