Supreme Court unlikely to launch preemptive strike on wealth tax proposals
The Supreme Court on Tuesday sounded skeptical of a conservative-backed bid to preemptively block Congress from ever passing a tax on wealth. Conservative and liberal justices asked tough questions of a lawyer representing a Washington state couple seeking to throw out a one-time “repatriation” tax on big companies’ overseas earnings.
Biden administration pledges $6 billion to a pair of high-speed electric rail routes in the US West
The Biden administration on Tuesday said it will give more than $6 billion to a pair of high-speed electric rail routes in the U.S. West, injecting new life into long-stalled projects hailed by supporters as the future of public transportation but bemoaned by critics for their high price tags and lengthy construction times.
US officials want ships to anchor farther from California undersea pipelines, citing 2021 oil spill
Federal officials on Tuesday recommended increasing the distance from undersea pipelines that vessels are allowed to anchor in Southern California, citing a 2021 oil spill they said was caused by ships whose anchors were dragged across a pipeline after a storm.
Biden administration pledges $6 billion to a pair of high-speed electric rail routes in the US West
The Biden administration on Tuesday said it will give more than $6 billion to a pair of high-speed electric rail routes in the U.S. West, injecting new life into long-stalled projects hailed by supporters as the future of public transportation but bemoaned by critics for their high price tags and lengthy construction times.
The Supreme Court wrestles with OxyContin maker’s bankruptcy deal, with billions of dollars at stake
The Supreme Court on Monday wrestled with a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company from civil lawsuits over the toll of opioids.
