Bloomberg Politics: news on page 412

IRS Seeks to Close Hedge-Fund Tax Loophole for Carried Interest

IRS Seeks to Close Hedge-Fund Tax Loophole for Carried Interest

The U.S. Department of Treasury and the Internal Revenue Service issued guidance seeking to close a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on
The Business Titans to Watch at China’s Big Political Gathering

The Business Titans to Watch at China’s Big Political Gathering

Among the rich and powerful gathering in Beijing for the annual meetings of China’s legislature and political advisory body are some of the biggest names in business.
EU Warns That Brexit Transition Remains at Risk Until Talks End

EU Warns That Brexit Transition Remains at Risk Until Talks End

European Union chief Brexit negotiator Michel Barnier told the U.K. that even if there’s a deal this month on the transition period that businesses crave, it’s still at risk of unraveling until a full
Trump Infrastructure Plan to Stimulate Local Investment, Chao Says

Trump Infrastructure Plan to Stimulate Local Investment, Chao Says

President Donald Trump’s infrastructure plan is designed to change the way roads and bridges are built and maintained across the U.S. by providing "seed money" to stimulate additional investment,
Canada to Scrap IBM Payroll Plan Gone Awry Costing C$1 Billion

Canada to Scrap IBM Payroll Plan Gone Awry Costing C$1 Billion

Canada plans to scrap a major IBM federal payroll plan that created chaos for thousands of government workers and will have cost the government almost C$1 billion ($780 million) by the time it’s over.
Here Are the New Russian Weapons Putin Just Showed Off

Here Are the New Russian Weapons Putin Just Showed Off

Vladimir Putin devoted over a third of his annual state-of-the-nation speech to revealing a series of new weapons, both nuclear and conventional, he said Russia is developing that will render U.S.
Spain Isn't Having a ‘MeToo’ Moment on Gender Pay Transparency

Spain Isn't Having a ‘MeToo’ Moment on Gender Pay Transparency

Governments and investors around the world may be calling for greater transparency to tackle the gender pay gap, but the business community in Spain isn’t so sure.
Kroger's Fred Meyer to Stop Selling Guns to Buyers Under Age 21

Kroger's Fred Meyer to Stop Selling Guns to Buyers Under Age 21

Kroger Co., the largest grocery chain in the U.S., is joining Walmart Inc. and Dick’s Sporting Goods Inc. in tightening gun restrictions following last month’s school shooting in Parkland, Florida.
Corporate America Is Taking On Guns and Climate—Issues the Government Won’t

Corporate America Is Taking On Guns and Climate—Issues the Government Won’t

In the weeks since the Parkland school shooting, big companies have found themselves in a familiar position: pressured to act on controversial social and political issues where government won’t.
Bumped? EPA Chief Signals He’ll Be Flying Coach After Backlash

Bumped? EPA Chief Signals He’ll Be Flying Coach After Backlash

U.S. Environmental Protection Agency Administrator Scott Pruitt is getting ready to join passengers in coach after receiving bipartisan criticism for flying first-class around the globe on the
Cold Snap Triggering Gas Crisis in U.K. Shows Rising Supply Risk

Cold Snap Triggering Gas Crisis in U.K. Shows Rising Supply Risk

The cold snap rattling energy markets across Europe has revealed Britain’s vulnerability to natural gas shortages driven by a lack of capacity to store the fuel.
U.K.'s May to Face Cabinet Split Ahead of Key Brexit Speech

U.K.'s May to Face Cabinet Split Ahead of Key Brexit Speech

Prime Minister Theresa May is facing divisions in her Cabinet on how far she should aim to keep the U.K. in line with European Union rules as she prepares to reveal her latest thinking on Brexit.
France’s Marine Le Pen Charged Over Islamic State Photos

France’s Marine Le Pen Charged Over Islamic State Photos

French prosecutors have filed preliminary charges against far-right leader Marine Le Pen for tweeting brutal images of Islamic State violence.
‘We Need to Hear Their Voices’: Iran Veil Protests Spur Call for Debate

‘We Need to Hear Their Voices’: Iran Veil Protests Spur Call for Debate

One of Iran’s leading female politicians has called for debate over the mandatory wearing of the headscarf after protests indicated growing frustration among some younger women over the pace of change
Winners and Losers From Trump's Tariffs on Aluminum and Steel

Winners and Losers From Trump's Tariffs on Aluminum and Steel

U.S. President Donald Trump said he plans to impose 25 percent tariffs on steel and 10 percent on aluminum imports. If he gets his way, the policy could have sweeping ramifications across the globe.
Xi’s Warning to Investors: Any Chinese Billionaire Could Fall

Xi’s Warning to Investors: Any Chinese Billionaire Could Fall

His government’s message: Not even the most well-connected tycoons are safe.

EU Warns Tech Giants to Remove Terror Content in 1 Hour—or Else

The European Union issued internet giants an ultimatum to remove illegal online terrorist content within an hour, or risk facing new EU-wide laws.
Get Ready for the Steel Wars

Get Ready for the Steel Wars

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Why Land Seizure Is Back in News in South Africa

Why Land Seizure Is Back in News in South Africa

More than two decades after white-minority rule ended in South Africa, most of its profitable farms and estates are still owned by white people, and about 95 percent of the country’s wealth is in the
South African Leaders Have Set Solid Policy Trajectory, Kganyago Says

South African Leaders Have Set Solid Policy Trajectory, Kganyago Says

South Africa’s new political leadership under President Cyril Ramaphosa sets a solid and credible policy trajectory, Reserve Bank Governor Lesetja Kganyago said.
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