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Articles related to "political"


Michelle Obama, Bernie Sanders and John Kasich expected to join forces for first night of Democratic convention

  • The speakers represent a wide political spectrum of support for former Vice President Joe Biden.
  • Sanders is a key leader of the left-wing of the Democratic Party while Kasich ran for the GOP nomination for president in 2016.
  • The rest of the speaking schedule for the 2020 Democratic National Convention remains in flux as officials work to fill the schedule and adjust to the event going virtual.
  • Democrats announced this week that presumptive nominee Biden and his running mate -- who has yet to be announced -- would not travel to Milwaukee after all, due to safety concerns related to Covid-19.
  • Normally the political conventions fill four days full of programming from a jam-packed arena.
  • This year Democrats will move the event online and programming will be condensed, running for only two hours each night.

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Berkshire Hathaway’s Profit Jumps as Market Rebound Boosts Results

  • Warren Buffett’s Berkshire Hathaway Inc. said its second-quarter earnings surged 86%, as a rebound in the stock market offset a profit decline in the company’s operations and a large write-down for Precision Castparts Corp.
  • Berkshire reported second-quarter net earnings of $26.3 billion, or $16,314 per Class A share equivalent, from $14.1 billion, or $8,608 per Class A share equivalent, in the year-earlier period.
  • Operating...

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This is what happens when the liberal WNBA and a Republican senator collide

  • The WNBA players and fans are simply on a different political planet than Loeffler.
  • While we cannot know the political affiliation of every WNBA player, there's little doubt that the league leans left.
  • And long before most men's sports encouraged social activism to the degree they do now, the WNBA was promoting campaigns such as a Women's March video and the Take A Seat/Take a Stand promotion.
  • A look across polls and studies reveals that WNBA fans are much more likely than the general population to be in groups that lean Democratic.
  • In fact, the limited data that we do have suggests that more WNBA fans lean Democratic than any of the major male professional sport leagues (e.g. MLB, NBA, NFL and NHL).
  • Collins and Loeffler are trying to appeal to Republicans in order to advance to the runoff, and it's not clear that Loeffler is winning that battle.

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Losing Money Is a Winning Pandemic Tax Strategy for Some Companies

  • WASHINGTON—There’s a simple rule for corporate tax planning in 2020: If you’re going to lose money, lose a lot of money.
  • That’s because companies can now use losses incurred before and during the pandemic to offset up to five years of past profits.
  • What makes this moment particularly attractive: Congress is letting companies get refunds of taxes they paid at the 35% corporate rate that existed before 2018 rather than at today’s 21% rate.

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Berkshire Hathaway’s Profit Jumps as Market Rebound Boosts Results

  • Warren Buffett’s Berkshire Hathaway Inc. said its second-quarter earnings surged 86%, as a rebound in the stock market offset a profit decline in the company’s operations and a large write-down for Precision Castparts Corp.
  • Berkshire reported second-quarter net earnings of $26.3 billion, or $16,314 per Class A share equivalent, from $14.1 billion, or $8,608 per Class A share equivalent, in the year-earlier period.
  • Operating...

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As E-Commerce Booms, Robots Pick Up Human Slack

  • They work only about half as fast as skilled humans in the same roles, but they are quickly becoming an important part of the chain of machines and people that keep packages flowing through the world’s largest air freight facility, says Aaron Prather, senior advisor of the technology research and planning team at FedEx Express.
  • While this technology is great for sorting packages, as at FedEx, and dealing with a limited range of items, as at Paltac, it’s possible that the holy grail of picking technology—a robot that can handle the same variety as a human—will remain out of reach for a long time, in the same way we have yet to create an autonomous vehicle that can handle the same variety of road situations a human can.

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As E-Commerce Booms, Robots Pick Up Human Slack

  • Sue, Randall, Colin and Bobby are four of the most reliable workers at the FedEx Express World Hub in Memphis, Tenn., according to their supervisors.
  • Each clocks eight hours a day of steady work, sorting around 1,300 packages an hour from bins onto a conveyor—four hours on the day shift and another four at night.
  • They almost never take breaks, but since they’re still learning on the job, they do regularly call on coworkers in the facility for help.
  • Sue, for instance, has had some trouble with the soft bags in which clothing is typically shipped.

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Jerry Falwell Jr. Takes Leave as President of Liberty University

  • Jerry Falwell, Jr. will take an indefinite leave of absence from the presidency of Liberty University, one of the largest evangelical Christian colleges in the country, at the request of the school’s board of trustees.
  • But Mr. Falwell has come under increasing pressure to step aside after he posted a photo of himself online earlier this week with his pants unbuttoned and his arm around a woman wearing ripped shorts with the top button open.
  • Mr. Falwell this week apologized for having posted the photo with his pants unbuttoned, which he had deleted from Instagram.
  • In a 2017 interview with the Journal, Mr. Falwell said Mr. Trump offered him the job as secretary of education, but he turned it down so he could continue his work at Liberty.
  • Three Black alumni who helped organize protests after the blackface photo said in a statement Friday that the trustees were right to ask Mr. Falwell to step aside.

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Behind the Beirut Explosion: Seven Years of Official Neglect

  • The cargo, a chemical compound used for blasting mines and building car bombs, was seized when the ship carrying it was found unseaworthy and its owner failed to pay certain fees, according to the ship’s captain and the International Transport Workers’ Federation, a global trade union.
  • Port officials didn’t heed court orders to safely store the ammonium nitrate, but instead sought permission to unload the chemicals, according to court documents reviewed by The Wall Street Journal.
  • But Mr. Grechushkin, the Rhosus’s owner, told the captain that he had no money to fund the journey through the Suez Canal to Africa so the ship would have to pick up extra cargo in Beirut, Mr. Prokoshev said.
  • But Lebanese authorities refused to clear it, saying that the ship wouldn’t be able to carry the heavy new load, according to the captain and Ms. Ananina, the official with the International Transport Workers’ Federation.

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Trump continues his norm-breaking by campaigning from the White House

  • Officials are preparing for the possibility that Trump will deliver political remarks from the White House residence, in a scaled-back version of the pomp and circumstance the President once envisioned.
  • Since taking office in 2017, Trump has increasingly blurred the line between political and official events and has unabashedly made campaigning a feature of his presidency.
  • Now, the once-blurred line between campaigning and governing seems to have all but disappeared, with official White House events replacing the rallies that Trump craves.
  • And when the campaign canceled the New Hampshire rally due to rally, White House press secretary Kayleigh McEnany informed the press of the decision aboard Air Force One. When it comes to the convention speech, Trump's critics have sounded alarms on the legality and protocol the President might be defying if settles on the White House backdrop.

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