Government And Institutions

The massive figures were expected but still stunning, more than double the previous deficit record of $1.4 trillion that was registered during former President Barack Obama’s first year in office during the Great Recession in 2009.

In a year that has seen protests in the street, defiant unions, and mayors who are quick to push out police chiefs, the job of running a police department has become less coveted among many law-enforcement leaders.

SpaceX, known for its reusable rockets and astronaut capsules, is ramping up satellite production for Starlink.

The IRS is investigating longtime NRA CEO Wayne LaPierre for possible criminal tax fraud related to his personal taxes, according to people familiar with the matter.

The House Antitrust Subcommittee this month is expected to release the findings of its investigation into Facebook and other companies.

Retail giant Amazon can’t be held responsible under current Ohio product liability law in the death of a high school senior who ingested powdered caffeine, the state Supreme Court said Thursday.

The average rate on the 30-year home loan fell to 2.88% from 2.90% last week. One year ago, the rate averaged 3.65%.

Anthem, the health insurance company behind Blue Cross-Blue Shield, has agreed to pay nearly $40 million in another settlement over a 2015 cyberattack that compromised the personal information belonging to nearly 79 million people.

The diversity legislation is similar to a 2018 measure that required boardrooms to have at least one female director by 2019.

Axon Enterprises – the company that equips police departments nationwide with body-worn cameras and related technology – has signed on to provide similar services to U.S. Border Patrol agents

The U.S. Chamber of Commerce on Tuesday abruptly ousted its top political strategist, Scott Reed, who accused the powerful business lobbyist of drifting to the political left. 

Former Big Apple Mayor Rudy Giuliani criticized New York Gov. Andrew Cuomo and other elected officials in Democratic cities for high crime and their lax policies on controversial topics, such as the release of convicted criminals.

Mexico is now deploying guards equipped with assault rifles to help protect mining companies from attacks by drug cartels. 

This Citi executive is eyeing Gracie Mansion as NYC battles a crime wave and a slumping economy.

General Motors announced that it will repay $28 million in state tax incentives to Ohio after coming under heavy criticism for closing its Lordstown Assembly plant in March 2019.

Billionaire bond fund manager Jeffrey Gundlach is considering packing his bags to escape the “incompetent governance” of California.

Boeing is hosting top FAA officials in Seattle next week to evaluate the 737 Max Jet.

California will outlaw sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Wednesday, a move he says will cut greenhouse gas emissions by 35% in the nation’s most populous state.

The British government is warning there could be lines of up to 7,000 trucks waiting to cross the English Channel into France immediately after the Brexit transition period expires at the end of this year. 

With a new coronavirus lockdown possible in Scotland, people are once again on the hunt for toilet paper.