AP Photo/Mark J. Terrill US President Donald Trump President Trump’s 2018 budget proposal details many federal programs he’d like to cut.  But his budget figures don’t jive with his policies because of something called “dynamic scoring.”  For example, Mr. Trump’s treasury secretary, Steven Mnuchin, wants to reduce the US business tax rate from 35% to 15%, but […]

Reuters Greenlight Capital founder David Einhorn at the Sohn Investment Conference in New York City, May 8th, 2017 Between General Motors’ management and board of directors and activist hedge fund Greenlight Capital, the battle lines have now been clearly drawn going into GM’s shareholder meeting early next month. Greenlight’s David Einhorn, who controls 3.6% of […]

Cedric Ribeiro/Getty Images A show held at the Fashion Forward event in the Dubai Design District. President Trump’s modeling agency could be in trouble. Three sources, including an anonymous fashion industry insider and two bookers who have previously worked with Trump Models, told Mother Jones that they’ve heard the agency is on the brink of closing […]

Reuters President Donald Trump and PhRMA president Steve Ubl. Mallinckrodt Pharmaceuticals is no longer a member of the powerful pharmaceutical lobby, the Pharmaceutical Research and Manufacturers of America, or PhRMA, the group said.  The Wall Street Journal earlier reported that Mallinckrodt resigned ahead of potential changes in PhRMA’s bylaws that would require members to spend […]

A view of the Goldman Sachs stall on the floor of the New York Stock Exchange, July 16, 2013. Reuters/Brendan McDermid New York state’s financial regulator has sent a second request to Goldman Sachs Group Inc for information about its fundraising for Malaysian sovereign wealth fund 1MDB, a person familiar with the matter said. The […]

Benjamin Zhang/Business Insider The Porsche Panamera is one of the most polarizing cars on the road today. While many people don’t like the sedan’s fastback rear end, others swear by the car’s prowess on the road. When the Panamera entered production in 2009, it became the first sedan in Porsche’s illustrious history to reach showrooms.  In June, […]

Getty/Alex Wong Former President Bill Clinton showing off his Shinola Runwell watch while giving a thumbs up. It’s no surprise former President Bill Clinton has been fixture at the 2016 Democratic National Convention. And it seems Clinton doesn’t leave home without his trusty Shinola Runwell 47mm watch, which retails for $ 600 and of which he […]

Reuters A pupil from the Haidian Jingkun Art Group practices moves of Jing in Peking Opera at Xiyi primary school in Beijing, October 17, 2010. For years, economists have been saying that China needs to “rebalance” its economy, and the government itself is on board with this daunting project. That means the country is attempting to […]

Porsche Seven years after Porsche debuted its controversially styled Panamera sedan, it’s back with an all-new second generation for 2017. The iconic German sports car maker unveiled its latest offering on Tuesday in a ceremony in Berlin. “The new model represents a completely redeveloped automobile — with new engines, a new design and new technologies,” […]