Usa Financial News
06.12 / 01:43
UPS
security
Strategy
Software
NVIDIA
Bill
donates
How one of the world's richest men is avoiding $8 billion in taxes
Jensen Huang, the CEO of Nvidia, is the 10th-richest person in the United States, worth $127 billion. In theory, when he dies, his estate should pay 40% of his net worth to the government in taxes. But Huang, 61, is not only an engineering genius and Silicon Valley icon whose company, the world's second-most valuable, makes the chips that power much artificial intelligence. He is also the beneficiary of a series of tax dodges that will enable him to pass on much of his fortune tax free, according to securities and tax filings reviewed by The New York Times. The savings for his family are on a pace to be roughly $8 billion. It likely ranks among the largest tax dodges in the United States.
06.12 / 00:39
06.12 / 00:39
Man
Action
Assurant
community
Cummins
Justice
reports
EPA hails 'revitalized' enforcement efforts as Biden administration heads to exit
The Environmental Protection Agency says it concluded more than 1,850 civil cases this year, a 3.4% increase over 2023, and charged 121 criminal defendants, a 17.6% increase over the previous year
06.12 / 00:39
Cooper
security
wellness
Justice
Department
Investigations
McKinsey subsidiary will pay $122M for scheme to bribe South African officials, US says
An African subsidiary of the consulting firm McKinsey & Company Inc. will pay a criminal penalty of more than $122 million to resolve a U.S. Justice Department investigation into a yearslong scheme to bribe South African government officials
06.12 / 00:39
Anthem
country
social
blues
patient
prevention
Updates
Anthem Blue Cross Blue Shield reverses decision to put a time limit on anesthesia
Anthem Blue Cross Blue Shield says it won't tie payments to the length of time a patient went under anesthesia
06.12 / 00:39
markets
UPS
DOW
reports
How major US stock indexes fared Thursday, 12/5/2024
U.S. stocks slipped below their records in the runup to a big jobs report due on Friday
06.12 / 00:39
06.12 / 00:39
UPS
Provident
Action
security
Experts
War
country
Dwarfed by China in shipbuilding, US looks to build its defense base to fend off war
U.S. lawmakers and experts warn that the U.S. severely lags behind China in shipbuilding capacity and urge action to build up the country’s ability to develop and produce weapons and other defense supplies to avoid war with China
05.12 / 21:15
markets
Citi
Software
Yellow
AVP
Earthquake in USA: 7.0-magnitude quake strikes California coast, 5.3 million people under tsunami warning
The 7.0-magnitude quake was recorded at a depth of just 10 kilometers (six miles), almost 100 kilometers west-southwest of Ferndale, according to the United States Geological Survey. At least 5.3 million people in California were under a tsunami warning after the magnitude 7.0 earthquake, the U.S. Geological Survey said in a yellow alert, which predicts localized but minimal damage. More than 1.3 million people lived close enough to the quake that they could have felt it, the USGS estimated. «Based on preliminary earthquake parameters… hazardous tsunami are possible for coasts located within 300 KM of the earthquake epicenter,» said a warning issued by the National Weather Service's Tsunami Warning Center in Honolulu.
05.12 / 21:15
05.12 / 20:59
Gap
security
Analysis
Sustainability
wellness
show
social
Penn Wharton model shows ways Trump admin could lower debt while sustaining economic growth
Penn Wharton Budget Model faculty director Kent Smetters joins Varney & Co. to discuss how their research-based analysis could reduce the national debt if implemented.
05.12 / 20:57
05.12 / 19:39
MET
BBC
WhatsApp
reports
International
BJP alleges Rahul Gandhi colluding with 'anti-India forces'
BJP on Thursday accused Lok Sabha's Leader of Opposition Rahul Gandhi of colluding with 'anti-India international forces'. The ruling party questioned him on a Mediapart (French outlet) report about news portal Organised Crime and Corruption Reporting Project (OCCRP). Speaking in the Rajya Sabha, BJP's Sudhanshu Trivedi said: «Is it a mere coincidence that when Parliament is on such reports ((harmful to India)) come out? The report on Indian farmers came out on February 3, 2021 and budget session began on January 29, 2021; Pegasus report came out on July 18, 20221, and monsoon session began on 19 July, 2021; then again budget session began on January 31, 2023, and the Hindenburg report had come out on January 24, 2023; the BBC report 'India: the Modi Question' also came out on January 17, 2023.» He also quoted Mediapart's report that certain foreign powers are funding OCCRP, which also focuses on India and has association with billionaire investor George Soros. In the Lok Sabha, BJP's Nishikant Dubey alleged that protests in Parliament were being held at the behest of some global outfits.
05.12 / 19:39
markets
Hollywood
Digital
Death
actress
stars
reports
Hollywood actress dies in Mexican spiritual retreat after consuming deadly monkey frog substance; who is she and what is the cleansing potion?
Marcela Alcazar Rodriguez who is a 33 year old actress tragically suffered a painful death after participating in a Kambo cleansing ritual at a spiritual retreat in Durango located in Mexico, reported Daily Star. According to Daily Star, the ritual actually involves ingesting venom from the Amazonian giant monkey frog which is pretty famously known for its hallucinogenic properties and its ability to induce severe vomiting and diarrhea as part of a detoxification process. Recent reports indicate towards the fact that after consuming the potion, Marcela Alcazar Rodriguez experienced some violent spasms and was immediately rushed to a Red Cross hospital where she eventually succumbed just few hours later. Also Read:Jill Biden's Christmas decor at White House dubbed as ugly, and fans beg for Melania to return soon
05.12 / 18:29
FIVE
Airlines
economy
Boeing
Simulation
Justice
Department
US judge rejects Boeing's plea deal in a conspiracy case stemming from fatal plane crashes
A federal judge has rejected a deal that would have allowed Boeing to plead guilty to a felony conspiracy charge and pay a fine for misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed, killing 346 people
05.12 / 18:29
COST
CEO
shooting
reports
Department
patient
Investigations
The Latest: Gunman who killed UnitedHealthcare CEO had message on ammunition, AP source says
The masked gunman who stalked and killed UnitedHealthcare CEO Brian Thompson outside a Manhattan hotel used ammunition emblazoned with the words “deny,” “defend” and “depose,” a law enforcement official said Thursday
05.12 / 18:29
COST
Action
track
Average rate on a 30-year mortgage in the US falls to 6.69%
The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October
05.12 / 18:29
UPS
security
President
Doge
social
Department
recommendations
Elon Musk and Vivek Ramaswamy are bringing Trump's DOGE to Capitol Hill
It’s DOGE time at the U.S. Capitol
05.12 / 18:29
05.12 / 17:49
markets
Fox
show
Mortgage rates fall for second straight week, lowest since October
Realtor.com chief economist Danielle Hale spotlights most important indicators from the firms 2025 outlooks and talks pros and cons between buying and renting properties.
05.12 / 16:53
markets
Provident
Software
PAM
rapper
MDC
Schools
Sean 'Diddy' Combs wants laptop in Jail. Who is stopping him?
«We write on behalf of Mr. Combs to request that the Court direct the MDC to provide Mr. Combs with the laptop prepared for him by the government, and allow him to use that laptop on his unit, consistent with the way other inmates on his unit are permitted to use their laptops,» Sean 'Diddy' Combs' lawyer wrote the letter to the US District Judge. Combs' lawyer said that his client needs the laptop to access the documents. The lawyer also claimed that the government allowed a laptop for the accused rapper but MDC authority is yet to provide the device to the musician.
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