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Trump officials explore challenging tax-exempt status of nonprofits, WSJ reports

Trump officials explore challenging tax-exempt status of nonprofits, WSJ reports

May 3, 2025 | Politics

(Reuters) -Officials in U.S. President Donald Trump’s administration are exploring ways of challenging the tax-exempt status of nonprofits, the Wall Street Journal reported on Saturday.Internal Revenue Service lawyers have been exploring whether they could...
BlackRock to expand proxy voting choice to retail ETF investors

BlackRock to expand proxy voting choice to retail ETF investors

Jul 17, 2023 | Business, Environment, Politics, US

By Ross Kerber (Reuters) – The world’s top asset manager BlackRock said it will offer proxy voting choices to U.S. retail investors of its biggest exchange-traded fund, expanding a strategy that could blunt criticism of how the firm considers...
China’s Xiaomi bets bigger on India retail stores amid Samsung rivalry

China’s Xiaomi bets bigger on India retail stores amid Samsung rivalry

Jul 16, 2023 | Asia, Business, Economy, Europe, Politics, Technology, Top News

By Aditya Kalra NEW DELHI (Reuters) -China’s Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company seeks to revive smartphone sales after falling behind South...
Yellen ‘eager’ to work with China on debt, other global challenges

Yellen ‘eager’ to work with China on debt, other global challenges

Jul 16, 2023 | Africa, Asia, Business, Economy, Environment, Europe, Politics, Top News

By David Lawder and Aftab Ahmed GANDHINAGAR, India (Reuters) -U.S. Treasury Secretary Janet Yellen said on Sunday she was “eager” to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral...
China, Russia to start joint air and sea drill in Sea of Japan

China, Russia to start joint air and sea drill in Sea of Japan

Jul 16, 2023 | Asia, Europe, Politics, Top News, US

By Yew Lun Tian BEIJING (Reuters) – A Chinese naval flotilla set off on Sunday to join Russian naval and air forces in the Sea of Japan in an exercise aimed at “safeguarding the security of strategic waterways”, according to China’s defence...
Biden forgives $39 billion in US student debt using program tweak

Biden forgives $39 billion in US student debt using program tweak

Jul 14, 2023 | Economy, Politics, Top News, US

WASHINGTON (Reuters) -U.S. President Joe Biden’s administration will cancel $39 billion in student debt for more than 804,000 borrowers, the Education Department said on Friday, describing the relief as the result of a “fix” to income-driven...
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