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California’s Battle Over Taxing Multinational Corporations Heats Up Again

Nearly a half-century ago, during Jerry Brown's first stint as governor, he and state legislators became embroiled in an extremely complex political squabble over taxing the incomes of multinational corporations. At the time, California employed what was dubbed "unitary taxation," requiring such corporations to report all income, including that of...

Wildfires Latest: 10 Confirmed Dead as Firefighters Work to Contain Blazes in LA Area

Firefighters are hoping for a break Friday from the fierce winds that have fueled massive blazes in the Los Angeles area, killing 10 people, obliterating whole neighborhoods and setting the nation’s second-largest city on edge. On Thursday afternoon, the Kenneth Fire started in the San Fernando Valley. It moved into neighboring Ventura County, but a...

Trump and Obama Share Unexpected Moment at Carter Memorial

President-elect Trump and former President Obama shared a surprisingly friendly exchange at former President Carter's funeral, despite their long-standing rivalry. The two were seen chatting and laughing together at Washington National Cathedral before the service began. The funeral brought together all five living American presidents, including Trump, Obama, Biden, Clinton,...

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