The I.R.S. says that Bristol Myers Squibb, America’s second-largest drug company, has engaged a tax-shelter setup that has deprived the United States of $1.4 billion in tax revenue.
The Biden administration is looking to put an end to such practices to pay for its policy ambitions, including infrastructure like improving roads and bridges and revitalizing c ... Show More
Today
A War Within the War: Israel’s Bombardment of Lebanon
With the world’s attention on the U.S.-Israeli war with Iran, a second front in the conflict has opened in Lebanon. Israel has pummeled an area in the southern outskirts of Beirut where Hezbollah holds sway, as well as southern Lebanon, with airstrikes, displacing almost one mill ... Show More
25m 57s
Yesterday
The Sunday Daily: To Save His Life, Our Food Critic Reset His Appetite
For 12 years, Pete Wells had his dream job: working as the chief restaurant critic for The New York Times. The job’s journalistic mission required Wells to eat out most nights and taste nearly everything on any given restaurant’s menu. He didn’t realize it at the time, but the ex ... Show More
37m 14s
Mar 2020
Republican $1tn plan, Paul Tucker on damage limits
The FT News Briefing is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing.Friday, March 20Repu ... Show More
10m 56s
Mar 2020
Rana Foroohar on the trillion dollar fightback, Biden sweep
The FT News Briefing is a rundown of the global business stories you need to know for the coming day, from the newsroom of the Financial Times. If you enjoy it, subscribe to the FT News Briefing wherever you get your podcasts, or listen at FT.com/newsbriefing. Western governments ... Show More
7m 56s
May 2022
The scourge of the “time tax”
Dylan Matthews and Dara Lind are joined by Annie Lowrey (@annielowrey), a staff writer at the Atlantic, to talk about why it’s so hard for people to get government benefits. Frequently called the “time tax,” the administrative burden of applying for and distributing government be ... Show More
51m 46s
Mar 2024
Daybreak Weekend: Jobs Report, Jay Powell Speaks, Government Spending
<p>Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.</p> <ul> <li>In the US - Jobs Report, Jay Powell on Capitol Hill and Target earnings</li> <li>In the UK - the government is preparing to present its tax and spe ... Show More
37m 24s
May 2021
Rep. Matt Gaetz, Under Federal Investingation
Rep Matt Gaetz, under federal investigation, joins forces with conspiracy theorist Rep. Marjorie Taylor Greene; The United States adds 266,000 jobs; economist predicted 1 million; Biden says United States economy recovery still has "A long way to go" Follow dismal April jobs repo ... Show More
42m 44s