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Showing posts from April, 2023

Montana gov seeks to expand TikTok ban to other social apps

Montana’s governor is asking lawmakers to expand the state’s proposed TikTok ban to more social media companies that provide certain data to foreign adversaries Montana’s governor is asking lawmakers to expand the state’s proposed TikTok ban to more social media companies that provide certain data to foreign adversaries. Earlier this month, state lawmakers passed a bill that would make Montana the first state in the U.S. with a total ban on the popular social media platform. That would go much further than similar bans already in place in many other states and the federal government that bar the use of TikTok on government-issued devices. Similar to many national lawmakers and government officials, proponents of the law in Montana have claimed the Chinese government could harvest U.S. user data from TikTok and use the platform to push pro-Beijing misinformation or messages to the public. TikTok, which is owned by the Chinese tech giant ByteDance, has said it has never been asked to ...

Tech-rooted groups seek to shake up San Francisco politics

Tech entrepreneurs who flocked into San Francisco two decades ago bringing jobs and wealth, and also soaring housing prices and gentrification, are becoming a rising political force in a city they say is woefully off track SAN FRANCISCO -- The tech entrepreneurs who flocked to San Francisco two decades ago bringing jobs and wealth, and also soaring housing prices and gentrification, are becoming a rising political force in a city they say is woefully off track. They are forming advocacy organizations — among them TogetherSF Action, Abundant SF and Grow SF — to pressure officials to tackle soaring housing costs, public drug dealing and other woes exacerbated by the COVID-19 pandemic. While the organizations differ in their priorities, they all say a small group of power brokers, many of them progressives, have prevented the city from solving some of its most pressing issues. The group s are highlighting fissures among Democrats in this liberal stronghold that has struggled to rebound f...

Stew Leonard Sr., founder of a regional grocer, dies at 93

Stew Leonard Sr., who founded more than 50 years ago a dairy store that became a regional grocery powerhouse under his name, died Wednesday at a New York hospital after a brief illness NEW YORK -- Stew Leonard Sr., who founded more than 50 years ago a dairy store that became a regional grocery powerhouse under his name with locations in Connecticut, New York and New Jersey, died Wednesday at a New York hospital after a brief illness. Leonard Sr. was 93 years old, according to the company, based in Norwalk, Connecticut. A graduate of Norwalk High School and the University of Connecticut’s School of Agriculture, Leonard Sr. first worked for his family’s dairy Business at Clover Farms Dairy in Norwalk. In the late 1960s, he realized that the milk delivery Business was becoming a thing of the past, and so he decided to build a retail dairy store where children could watch milk being bottled while parents shopped in a farmer's market environment. In 1969, Stew Leonard’s opened a 17,0...

California Democrats propose tax changes for businesses

Democrats in the California Senate say they want to raise taxes on big businesses so they can cut taxes for small businesses SACRAMENTO, Calif. -- Democrats in the California Senate on Wednesday said they want to raise taxes on some of the largest corporations so they can cut taxes for nearly every other business. But the proposal was met with swift opposition from the business community and Democratic Gov. Gavin Newsom — highlighting the likely rocky budget negotiations ahead for a state facing an estimated $22.5 billion budget deficit. All California Business es pay a state tax rate of 8.84% on income, a figure that has not change d since 1997. This new proposal would create two tax rates for Business es in California. Companies would pay 6.63% on the first $1.5 million they make. Any money made above that would be taxed at 10.99%. The higher tax rate would only apply to about 2,500 companies and would bring in an extra $7.2 billion in revenue for the state. Meanwhile, about 1.6 mill...

McCarthy edges Republicans closer to House debt vote

House Republicans are pushing their debt ceiling package toward a vote WASHINGTON -- House Republicans pushed their debt ceiling package toward a vote as soon as Wednesday as Speaker Kevin McCarthy and his leadership team huddled with key holdouts late into Tuesday evening, working to ensure they would have majority support for passage. Prospects for the sweeping package were buoyed by a nonpartisan Congressional Budget Office analysis showing the Republican plan would reduce federal deficits by $4.8 trillion over the decade if the proposed changes were enacted into law. The House Republican plan would lift the debt ceiling by $1.5 trillion into 2024 in exchange for steep budget cuts Democrats and even some Republicans oppose. President Joe Biden has threatened to veto the bill. McCarthy declined to say late Tuesday whether he had the 218 votes needed from his slim majority in the face of Democratic opposition. No roll call was yet scheduled, and voting could drag into the coming days....

3 railroads join up to compete with CPKC to serve Mexico

Three major freight railroads are responding to the recent Canadian Pacific-Kansas City Southern merger OMAHA, Neb. -- Three major freight railroads responded Monday to the Canadian Pacific-Kansas City Southern merger with an agreement to work together on a competing service to carry shipments across North America. Canadian National, Union Pacific and Grupo Mexico railroads said Monday that they will work together to quickly move intermodal cars filled with shipping containers from Mexico north across the United States to the key hub of Chicago and further north into Canada. The new service will directly com Pet e with CPKC's new single-line network that is the only railroad directly connecting all three countries. The three railroad s said Monday they believe their service will be superior to CPKC because Grupo Mexico has a bigger rail network in Mexico and Union Pacific has a more direct route north to Chicago. “This is a steel wheel interchange service that leverages the best o...

Dimon: Bank rules should change after Silicon Valley Bank

JPMorgan’s Jamie Dimon is telling investors that government and banks should work to adjust industry regulations following the collapse of Silicon Valley Bank and Signature Bank last month NEW YORK -- JPMorgan CEO Jamie Dimon said the U.S. and the banking industry should amend regulations following the collapse of Silicon Valley Bank and Signature Bank last month, saying that the financial system needs to be adjusted so that one bank's failure does not “cause undue panic and financial harm.” The comments, made in Dimon's letter to JPMorgan Chase shareholders Tuesday, were his first since the two banks failed. Dimon, the chairman and chief executive of the nation's largest bank, is a veteran of the 2008 financial crisis, and one of the last senior executives remaining at a Wall Street firm since the industry nearly collapsed 15 years ago. Dimon said in his letter there was plenty of blame to go around for Silicon Valley Bank's failure. The bank's management poorl...

Volunteers speak on why they serve and why more people don't

Every day, people in the U.S. donate their time, skills and energy to their communities by volunteering with nonprofit organizations Every day, Americans donate their time, skills and energy to their communities by volunteering with nonprofit organizations. The Associated Press interviewed five volunteers about what motivated them to get involved and why they think more people don't give their time. Recently released data from the U.S. Census and AmeriCorps showed that volunteer participation fell 7 percentage points between 2019 and 2021, part of a long trend in declining volunteerism. These interviews have been edited for length and clarity: SAN FRANCISCO — For 16 years, Troy Brunet has volunteered with Project Homeless Connect in San Francisco and leads their initiative to give eyeglasses to those who need them. The 58-year-old passes out cards with information about the organization's events wherever he goes and describes the joy he gets from bringing volunteers together. ...

Elon Musk's Twitter drops government-funded media labels

Twitter has removed labels describing global media organizations are government-funded or state-affiliated Twitter has removed labels describing global media organizations as government-funded or state-affiliated, a move that comes after the Elon Musk-owned platform started stripping blue verification checkmarks from accounts that don't pay a monthly fee. Among those no longer labeled was National Public Radio in the U.S., which announced last week that it would stop using Twitter after its main account was designated state-affiliated media, a term also used to identify media outlets controlled or heavily influenced by authoritarian governments, such as Russia and China. Twitter later changed the label to “ government -funded media ,” but NPR — which relies on the government for a tiny fraction of its funding — said it was still misleading. Canadian Broadcasting Corp. and Swedish public radio made similar decisions to quit tweeting. CBC's government-funded label vanished Fri...

Hungary adds honey, other products to Ukraine import ban

Hungary has added honey and certain meat products to a list of food items it has temporarily banned from being imported from Ukraine in an effort to relieve market pressures on Hungarian farmers BUDAPEST, Hungary -- Hungary will add honey and certain meat products to a list of food items it has temporarily banned from being import ed from Ukraine in an effort to relieve market pressures on Hungarian farmers, a government minister said Thursday. Along with honey and meat, Hungary's government has banned the import of 25 Ukrainian products including grains, oil seeds, flour, and cooking oil until June 30, minister Gergely Gulyás told a news conference. The government will also require shipments of those products coming from third countries to be monitored as they enter Hungary to make sure they aren’t coming from Ukraine, he said. The import ban announced on Saturday came in response to what the government says is a glut of Ukrainian agricultural products on the Hungarian market ...

Edmunds: 2023 Honda Civic Type R vs. 2023 Volkswagen Golf R

If a traditional two-door sports car isn’t practical enough for you, consider two hot hatch options, the Volkswagen Golf R or the Honda Civic Type R If a traditional two-door Sports car isn’t practical enough for you, consider one of these hot hatch options: the Volkswagen Golf R or the Honda Civic Type R. The Volkswagen Golf R’s excellent combination of fun driving dynamics, all-wheel-drive traction and generous cargo space has made it a long-running favorite for driving enthusiasts. Its 2022 redesign brought many upgrades, including more power. Even fresher is the redesigned 2023 Honda Civic Type R. Compared to the outgoing model, it boasts more restrained styling, greater performance and a modernized interior. Which four-door sport compact is the best? Edmunds’ experts compared them to find out. PERFORMANCE AND HANDLING Both hot hatches are powered by turbocharged 2.0-liter four-cylinder engines that churn out impressive power. The front-wheel-drive Type R produces 315 horsepower a...