U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus.A favorite destination for tax-dodging by U.S. companies was the tiny Mediterranean island of Malta.
New York leaders changed state immigration laws to hold federal agents accountable for their deportation tactics, but their efforts will face opposition from the Trump administration.New legislation adopted by New York State lawmakers bars federal immigration agents from wearing masks, as they did l
Plus, the Friday news quiz.U.S. boat strikes to limit the flow of illicit drugs have included the deployment of F-35 fighter jets, above in Puerto Rico last year, as well as gunships and guided-missile destroyers.
The Justice Department is said to be examining the funding of lawsuits brought by E. Jean Carroll, an author who has never sought a public role, political power or governmental authority.E. Jean Carroll, the author and columnist, leaving court in Manhattan in 2024 after a hearing on one of her lawsu
Two monetary judgments against Mr. Trump are winding their way through the legal system, with the Supreme Court likely to be the final word on both.E. Jean Carroll leaves court after closing arguments in her defamation trial against Donald Trump in 2023.
The debate over whether Graham Platner is “working class” comes at a time when more and more people are at risk of falling into it.
Persistent frustration over the economy and foreign policy has left many Americans feeling politically homeless, and young voters are particularly frustrated.The poll found that just 26 percent of voters felt satisfied with the Democratic Party and that 33 percent felt satisfied with the Republican
Representative Doris Matsui has been re-elected 10 times with ease. But an upstart Democrat is threatening to end her run in Congress.Representative Doris Matsui is facing her toughest re-election fight in her more than two decades of representing a safely Democratic district in the Sacramento regio
Most states have had a woman serve as governor, but California is in the minority despite its progressive-minded electorate. Women who have reached the top elsewhere saw familiar roadblocks.Katie Porter, a Democrat who served three terms in Congress, is the final prominent woman in the California go
Many of the ships stranded in the Persian Gulf depend on coverage negotiated at Lloyd’s, the center of marine insurance for more than 300 years.The 200-foot-tall atrium in the Underwriting Room, where brokers negotiate policies for ships carrying oil, gas and other goods around the world.
The American blockade and Iran’s control of the Strait of Hormuz have created a stalemate that is neither peace nor raging conflict, with both sides attempting economic strangulation on the water.Vessels anchored at the Strait of Hormuz on Monday. Control of the waterway is a tool Iran has used as l
We hear from two of the thousands of seafarers who became stuck in the middle of the war.Thousands of seafarers are stranded in the Persian Gulf, according to the International Maritime Organization, as Iran has effectively blocked the exit through the Strait of Hormuz.
Elon Musk and his bankers are working to create a self-fulfilling prophesy for SpaceX’s massive initial public offering: Make investors feel that the risks of passing up the stock outweigh those of buying into it.SpaceX’s launch site near Boca Chica, Texas, in 2024. The company could go public as so
The rocket, built by the Jeff Bezos-owned space company, was to carry 48 satellites into space. Blue Origin reported on social media that “all personnel have been accounted for.”The Blue Origin launchpad seen in flames from Cocoa Beach, Fla. on Thursday night.
When newly public companies have been valued as richly as SpaceX, OpenAI and Anthropic seem likely to be, the outlook for ordinary investors has been poor.SpaceX’s Starship rocket during a test flight in May. The company’s chief executive, Elon Musk, stands to unlock a great fortune when the company
Romania is a NATO country, and the security alliance condemned “Russia’s recklessness” for an episode that sharply escalated tensions with Moscow.The site where a drone hit a building in Galati, Romania, on Friday, close to the border with Ukraine.
The strike on Friday, near the Ukrainian border, was the first to injure civilians in Romania, officials say. But drones from the nearby war have been a growing threat.Investigators on the roof of the apartment building in Galati, Romania, that was struck on Friday by what officials called a Russian
The clause in NATO’s founding treaty is an “instrument” Romania can use, the foreign minister said after a drone, alleged to be Russian, wounded two civilians.Investigators at the site of a drone crash at an apartment building in Galati, Romania, on Friday.
The team’s playoff run has brought a curious sense of amity to the city.A blazing playoff run has electrified New York Knicks fans of all ages, in a city unaccustomed to such things from its basketball team.
The superstar is part of group that has bought a basketball team in Italy, with a plan to move the club to Rome in hopes of making it part of a new league.“Since I came to the N.B.A., my dream was always to own a team in Europe,” said Luka Doncic, a Slovenian basketball star who plays for the Los An
The competition came down to a spell-off. Contestants were eliminated early, and a sixth grader became a crowd favorite.
A French multinational, Schneider Electric, decided to use artificial intelligence in manufacturing to make workers more productive, rather than to replace them. Here’s how that’s going.
The artificial intelligence giant was just valued at $900 billion, surpassing OpenAI. Here are the numbers behind its rise — and headwinds it faces.Anthropic, which created the Claude A.I. model, has surged in popularity with users, pushing its valuation to $900 billion.
Online queries are more likely to turn up references to the U.S. state — a problem for the republic in the Caucasus and its people. But a move to drop the name “Georgia” has lost steam.Georgia’s ancient, distinctive language and script have long made up part of its national identity.
