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EXPLAINER: Why patents on COVID vaccines are so contentious

The Biden administration’s call to lift patent protections on COVID-19 vaccines to help poor parts of the world get more doses has drawn praise from some countries and health advocates. But it has run...

Chicago suburb set to pay reparations, but not all on board

EVANSTON, Ill. (AP) — When Teri Murray tried to buy her first home in 1968, searching this leafy college town for the perfect place, she thought she was an ideal candidate: married, steadily employed,...

A tax guide for small-business owners

The tax filing deadline is quickly approaching. Due to the pandemic, most businesses have until May 17 to file their returns this year. In a perfect world, you’d be thinking about ta...

Biden ready to sell $2.3T infrastructure plan in Louisiana

President Joe Biden will push the case for his $2.3 trillion infrastructure plan in the reliably Republican state of Louisiana — directly challenging GOP lawmakers who say that low taxes for corporati...

GM profit surges to $2.98B on sales of higher-margin trucks

Detroit (AP) — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on by a global shortage of computer chip...

What motherhood taught me about money: 8 moms weigh in

It’s true — everything changes when you become a parent, including your finances. Besides facing a slew of new expenses, you’re charged with the financial well-being and future of another person. And ...

Italy-German investigation nabs some 31 'ndrangheta suspects

ROME (AP) — A joint Italian-German police investigation into the ‘ndrangheta organized crime group led to the arrests of 31 people accused of drug trafficking, money laundering and “systematic” tax ev...

After years, court hands tax win to Michael Jackson heirs

LOS ANGELES (AP) — A U.S. tax court has handed a major victory to the estate of Michael Jackson in a years-long battle, finding that the IRS wildly inflated the value at the time of his death of Jacks...

GOP lawmaker: Three-Fifths Compromise was to end slavery

NASHVILLE, Tenn. (AP) — A Tennessee Republican falsely declared Tuesday that an 18th century policy designating a slave as three-fifths of a person was adopted for “the purpose of ending slavery," com...

Some immigrants, hard hit by economic fallout, lose homes

NEW YORK (AP) — Sotero Cirilo sleeps in a small blue tent under a train track bridge in Elmhurst, Queens. The 55-year-old immigrant from Mexico used to make $800 per week at two Man...

Taiwan allows tax filing via smartphone for first time

TAIPEI (Taiwan News) — Taxpayers in Taiwan have been given the option to file their taxes via mobile devices for the first time, which is expected to shorten the process to just five minutes. ...

Colombian finance minister resigns amid deadly protests

BOGOTA, Colombia (AP) — Colombia’s finance minister resigned on Monday following five days of protests over a tax reform proposal that left at least 17 dead. Alberto Carrasquilla’s ...

McConnell says GOP open to $600 billion for infrastructure

LOUISVILLE, Ky. (AP) — Senate Minority Leader Mitch McConnell, R-Ky., said Monday that Republicans are willing to spend up to $600 billion on infrastructure, far less than President Joe Biden is seeki...

Biden pushes education spending at stops in Virginia

YORKTOWN, Va. (AP) — President Joe Biden and the first lady traveled Monday to coastal Virginia to promote his plans to increase spending on education and children, part of his $1.8 trillion families ...

GigaMedia Announces First-Quarter 2021 Financial Results

TAIPEI, May 3, 2021 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its first quarter 2021 unaudited financial results. Comments from Management For the first quarter of 2021, GigaM...