The $1 trillion bipartisan infrastructure plan before Congress is inching closer to becoming law. And though the investments in climate change have been scaled back, the bill still includes more than $150 billion to boost clean energy. Milken Institute Public Finance Program Director Dan Carol tells Yahoo Finance Live that the bill is a good start, but more needs to be done in order to address America’s vast energy infrastructure needs. “I think it’s a very good down payment on climate…. Source link

“[His entry] met all the standard conditions of a medical emergency requiring a medical evacuation from the islands, and every requirement and regulation that was in place… was complied with,” Mr Little said, according to a transcript on the parliament’s website. Source link

The cryptocurrency space continues to be characterized by conversations surrounding its adoption and investment by large institutional investors. Landmark events like Coinbase’s (COIN) direct listing in April may suggest that digital currencies are beginning to break into the mainstream. According to Fidelity Digital Assets President Tom Jessop, however, there are two emerging themes that are becoming apparent about cryptocurrency. “What’s apparent are two things — this is seen as its… Source link

Battalion Chief Sergio Mora reacts as the Dixie Fire tears through Plumas County, Calif., on Wednesday. (Noah Berger/AP) Nichoel Farris had been living on an apple farm in Greenville, Calif., for four years with her husband, Paul. The farm, located in the High Sierra of Northern California, about 150 miles north of Sacramento, was where they grew sunflowers, raised chicks, rode horses and grew apples. Now all that’s left is a pile of ash and blackened tree trunks. The Dixie Fire, driven by… Source link

By Jonathan Stempel (Reuters) -Warren Buffett’s Berkshire Hathaway Inc on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in profits and revenue. The company Buffett has run since 1965 also signaled the billionaire’s confidence in its future by repurchasing $6 billion of its own shares in the second quarter, even as its stock price regularly set new highs. Omaha, Nebraska-based Berkshire’s manufacturing,… Source link

Short seller Carson Block gained notoriety for exposing the fraudulent accounting practices of U.S.-listed Chinese companies. But the founder of Muddy Waters Capital now believes the days of Chinese companies tapping American capital markets are over. In an interview with Yahoo Finance Live, Block attributed the recent regulatory crackdown on China’s largest firms to an acceptance by Beijing’s leadership that the delisting of its U.S.-listed firms is “inevitable.” “I think Xi Jinping is… Source link

Passengers wait in a long line to get a COVID-19 test to travel overseas at Fort Lauderdale-Hollywood International Airport, Friday, Aug. 6, 2021, in Fort Lauderdale, Fla.. (AP Photo/Marta Lavandier) Where exactly do we stand with the pandemic right now? A few months ago when vaccination rates were accelerating and COVID-19 cases were plummeting, it seemed we were out of the woods. Offices, colleges and universities, sports leagues, resorts and concert halls were making plans to fully reopen,… Source link

Billionaires like Warren Buffett are exploiting this retirement account — you can, too Here’s one trick you can easily copy from the world’s wealthiest. After all, it was designed for you in the first place. Tycoons like Warren Buffett and PayPal founder Peter Thiel have been hoarding millions or even billions of dollars in tax-sheltered retirement accounts, according to a recent report from ProPublica. Leaked tax documents show Individual Retirement Accounts (IRAs), originally created to… Source link

Alphabet CEO, Larry Page.  Emmanuel Dunand | AFP | GettyImages Larry Page, the billionaire Google co-founder, has been granted residency in New Zealand and spent time in the country during the coronavirus pandemic, the New Zealand government confirmed to CNBC Friday. Page, 48, applied for New Zealand residence in November 2020 via the nation’s “Investor Plus” residency visa but the application was unable to be processed because he was offshore at the time. The visa, which requires applicants to… Source link

Calvey, the founder of Russia-focused private equity group Baring Vostok, was detained along with other executives in early 2019 on charges of embezzlement linked to mid-sized lender Vostochny. He and the executives deny the charges. “The court, unfortunately, didn’t or couldn’t understand substance of the case with no victim, no damage and no beneficiary,” Calvey told reporters outside the court after the more than 12-hour-long sitting was over. Calvey will not… Source link