For a relatively green, relatively unheralded (but very ambitious) member of Congress, Representative Ro Khanna, a Democrat from California, has managed to position himself squarely at the intersection of competing, if not outright contradictory, interests and ideas that could shape his party’s future. The 47-year-old, whose district includes parts of Silicon Valley and who served …
White House Warns Congress That Weapons Money for Ukraine Will Run Out
The White House warned on Monday that the United States would run out of money to send weapons to Ukraine by the end of the year if Congress does not approve additional emergency support for the war that has been snarled by funding debates. The warning, delivered in a blunt letter to the House speaker, …
A C.E.O. Who Resigned in Scandal Now Wants More Money
As chief executive of Wells Fargo, Timothy J. Sloan failed to clean up a string of scandals that shook the bank and abruptly stepped down amid widespread criticism more than four years ago. He now says Wells Fargo owes him at least $34 million in back pay. Mr. Sloan sued Wells Fargo on Friday, saying …
MoveOn Carries Out Layoffs as Liberal Groups Struggle to Raise Money
The liberal activist organization MoveOn laid off at least 18 employees this week, in the latest sign of a slowdown in donations from small donors to left-leaning causes and candidates. “We are retooling our team to meet the urgent needs of this moment and to have the resources necessary to do so,” Rahna Epting, MoveOn’s …
Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Affluent Chinese have moved hundreds of billions of dollars out of the country this year, seizing on the end of Covid precautions that had almost completely sealed China’s borders for nearly three years. They are using their savings to buy overseas apartments, stocks and insurance policies. Able to fly again to Tokyo, London and New …
Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Affluent Chinese have moved hundreds of billions of dollars out of the country this year, seizing on the end of Covid precautions that had almost completely sealed China’s borders for nearly three years. They are using their savings to buy overseas apartments, stocks and insurance policies. Able to fly again to Tokyo, London and New …
Former Coal Towns Get Money for Clean-Energy Factories
In Weirton, W.Va., in the heart of coal country, a company started by MIT scientists plans to build a plant that will produce a metal and alloy critical for clean energy, fuel cells and cleaner steel. In Vernon, Texas, also a former coal town, a third-generation wind entrepreneur plans to manufacture turbines suitable for remote, …