Free Republic

The choice for voters is clear: a tax cut from Donald Trump or a pay cut courtesy of Hillary Clinton. Trump is promising to slash income taxes to zero for millions of people currently paying them, and to reduce the tax bite on everyone. Clinton isn't cutting income tax rates for anyone. Instead, she's campaigning to hike business taxes, despite warnings it will cause wages to plummet and the economy to tank. Betsy McCaughey HeadshotNo wonder Trump is moving up in the polls. Most Americans are still making less than they did in 2007. The mainstream media want to double...

NEW DELHI: Road Transport and Highways Minister Nitin Gadkari has pledged to kick off one project every week in poll-bound Uttar Pradesh as part of the central government's ambitious development agenda for the state. This will add up to new road projects worth Rs 1.3 lakh crore in the state, where elections are scheduled to be held early next year. Gadkari and Home Minister Rajnath Singh will formally announce the road plans on Friday in Lucknow. "I will lay foundation stones for highway projects across UP every week from now," Gadkari told ET. "My ministry will complete highway construction projects...

Changing who controls the Internet Corporation for Assigned Names and Numbers (ICANN) so close to our presidential election will jeopardize the results of how you vote on Nov. 8 unless Congress stops this changeover. When the calendar hits Sept. 30, a mere 6 weeks before our election, the United States cannot be assured that if any web site is hacked, the responsible party will be held accountable. We cannot be sure if a web site is a valid. We cannot be sure if one country is being favored over another. These are all the things ICANN is responsible for and...

The EU Commission opened an in-depth probe into a Polish tax on the retail sector Tuesday, concerned that the progressive rates based on turnover give companies with low turnover an unfair advantage. The European Commission’s injunction requires Poland to suspend the application of the tax until the Commission has concluded its assessment. This follows a decision the Commission took in July this year on a progressive turnover-based tax on the retail sector in Hungary, which the Commission found to be in breach of EU state aid rules, because it granted a selective advantage to companies with low turnover over their...

I can't copy from Breitbart for some reason. Their site is so buggy. If someone can post an excerpt I'd be grateful.

Possibly the defining business trend coming out of the financial crisis has been a "startup boom." Everyone is building an app or starting their own business it seems. This image, however, may be just an illusion, according to Michelle Meyer, US economist at Bank of America Merrill Lynch. Both the formation of firms (for example, McDonald's as a whole) and establishments (an individual McDonald's restaurant), have dropped off precipitously since the financial crisis and remained low. This is important, according to Meyer, because new businesses typically hire faster and produce higher levels of productivity than firms that have been around...

Developing lithium shortages could pose a very big problem for the up and coming electric car industry. According to recent statistics, demand is already outstripping supply by 15%, which explains why the price of lithium has moved higher since the start of the higher. But it’s not finished yet. Experts says this number is about to spike much higher. We know that Chevy is releasing the Bolt this year and that will put further weight on the market, but it’s Elon Musk’s plans for Tesla that could really put pressure on resource producers. The company is preparing to role out...

Oil supermajors have come to realize that shrunk capex plans will make their exploration efforts profitable in lower-cost, lower-risk areas, and have changed drilling tactics to the ‘less is more’ philosophy, a Wood Mackenzie analyst told CNBC on Monday. “The new economics of exploration mean that rather than pursuing high-cost, high-risk exploration strategies - elephant hunting in the Arctic, for example - the majors have become more conscious of costs,” Andrew Latham, Vice President of exploration research at Wood Mackenzie, said, discussing the ‘Exploration Benchmarking – Majors 2006-2015’ report. According to the report, oil majors invested US$169 billion in exploration...

Hacking News - Tesla model S hacked from 12 miles away | MalwareTips.com https://malwaretips.com/threads/tesla-model-s-hacked-from-12-miles-away.63609/ Tesla model S hacked from 12 miles away Source: http://news.softpedia.com/news/tesla-model-s-hacked-from-12-miles-away-508468.shtml         Security experts from Chinese security firm Tencent Keen Security Lab have hacked a Tesla Model S from afar, taking control over a variety of car functions, including its ability to break.         The research team revealed its findings on the company's blog yesterday, accompanied by a video demonstration. They also notified Tesla in advance, via the company's bug bounty program, and the automaker has addressed all issues via a firmware update to its cars.        ...

CHARLESTON, W.Va. — The highly anticipated trip to Capitol Hill for Mylan CEO Heather Bresch, a Marion County native and daughter of U.S. Senator Joe Manchin (D-W.Va.) who has been under fire for rapid hikes in EpiPen prices, comes this week. Bresch, who lead Mylan’s lobbying efforts to expand the usage of EpiPens which can reverse potentially fatal allergic reactions, was scheduled to testify in front of the U.S. House Committee on Oversight and Government Reform on Wednesday. Prices of EpiPens have climbed by more than 400 percent since 2007 to upwards of $600 for a two-pack. On Tuesday, the...

Harry Potter star Daniel Radcliffe has said it is "pretty undeniable" that Hollywood is racist. He told the BBC's Victoria Derbyshire programme the film world was seen as "very, very progressive", but was "lagging behind" industries in encouraging diversity. Radcliffe also said it was hard for gay actors to come out for fear of being typecast in gay roles. And he stated that he did not want to play Potter again "at this point". The 27-year-old British actor has starred as JK Rowling's child wizard in several films since 2001. But his latest screen role, in the thriller Imperium, is...

A coalition of 21 states sued the U.S. Department of Labor Tuesday over a new rule that would make about 4 million higher-earning workers eligible for overtime pay, slamming the measure as inappropriate federal overreach from the Obama Administration. Republican Nevada Attorney General Adam Laxalt filed the lawsuit in U.S. District Court in Eastern Texas, urging it to block implementation before the regulation takes effect on Dec. 1. Laxalt, a frequent critic of President Barack Obama’s policies, said the rule would burden private and public sectors by straining budgets and forcing layoffs or cuts in working hours. “This rule, pushed...

The office of Connecticut’s governor says Sikorsky Aircraft has committed to keeping its headquarters in the state and adding jobs in an agreement that involves $220 million in state incentives. […] The deal calls for Sikorsky to build nearly 200 CH-53K King Stallion helicopters in Connecticut for the U.S. Navy until at least 2032. The incentives pledged by Malloy’s office include grants and tax exemptions. …

Texas, Oklahoma and 19 other states have sued the federal government to block the Labor Department’s new overtime rule, saying the Obama administration is trying to impose heavy costs and its own policy choices on the states in violation of the Tenth Amendment. The 30-page lawsuit — strategically filed in federal court in Sherman, Texas — accuses the President of pushing through a near-doubling of the salary level up to which employers are required to pay overtime, to $913 a week or more than $47,000 a year. That change will require states either increase pay for tens of thousands of...

I've been reading a lot about a "recovering" economy. It was even trumpeted on Page 1 of The New York Times and Financial Times last week. I don't think it's true. The percentage of Americans who say they are in the middle or upper-middle class has fallen 10 percentage points, from a 61% average between 2000 and 2008 to 51% today. Ten percent of 250 million adults in the U.S. is 25 million people whose economic lives have crashed. What the media is missing is that these 25 million people are invisible in the widely reported 4.9% official U.S. unemployment...

Years of union-backed pay rises, as well as top-up allowances unheard of among commercial rivals, have pushed BBC journalists’ salaries far in excess of staff at organisations such as Sky News and ITN, according to a pay review leaked to the Daily Telegraph. The report, carried out for the BBC by financial consultants PwC, warns that rank-and-file staff in the BBC’s 7,000-strong news division enjoy salaries that are “higher than the market median”.

Wrigley — the company behind the popular Skittles brand — responded to Donald Trump Jr.’s use of an analogy involving the candy to illustrate a point about the Syrian refugee crisis in a statement on Tuesday. “Skittles are candy. Refugees are people. We don’t feel it’s an appropriate analogy,” Wrigley Americas vice president of corporate affairs Denise Young told the Hollywood Reporter in a statement. “We will respectfully refrain from further commentary as anything we say could be misinterpreted as marketing,”Young added. Trump Jr.’s tweet sent the left into a frenzy on Monday night and Tuesday

Warren Buffett showed that the selloff in Wells Fargo & Co.’s stock this year has just made him love the banking giant even more, as he boosted his stake in the company to 504.3 million shares, according to regulatory filings. Buffett’s investment vehicle Berkshire Hathaway Inc. BRK.B, +0.01% now owns 10% of Wells Fargo’s common stock outstanding, making him by far the largest shareholder. That is up from 479.7 million shares, or a 9.45% stake, as of Dec. 31, filings show.

<p>Bill Clinton told CNBC on Tuesday that activist investors, rather than trade deals, are partially at fault for U.S. corporations moving operations out into Mexico.</p> <p>GOP presidential hopeful Donald Trump has called for "economic independence" and blamed globalization for "totally" wiping out the American middle class. Trump has previously called NAFTA "the worst trade deal in history" and blamed Bill and Hillary Clinton for endorsing it.</p>

Elizabeth Warren unleashed a verbal barrage at Wells Fargo CEO John Stumpf on Tuesday, calling the embattled bank boss "gutless" and demanding he step down. "You should resign...You should be criminally investigated," Warren told Stumpf during a fiery one-sided exchange at the Senate Banking Committee's Wells Fargo hearing. Warren, a vocal critic of big banks like Wells Fargo, demanded both the Department of Justice and SEC criminally investigate Stumpf for his "gutless leadership." Last week, a U.S. official told CNN that the DOJ has issued subpoenas to Wells Fargo.