LS Cable Secures $99M Tax Credit Under Section 48C, Inflation Reduction Act

TL/DR - LS Cable & System has received a $99 million investment tax credit under Section 48C of the Inflation Reduction Act. This action reflects the Biden Administration's commitment to clean energy, as Section 48C provides tax credits for investments in advanced energy manufacturing projects. LS Cable & System is expected to boost the…

7 Jurors Selected for Trump’s Hush Money Trial, 11 Yet to be Chosen

TL/DR - The jury selection for Donald Trump's hush money trial, which revolves around $130,000 in payments made by his company to his former lawyer, Michael Cohen, resumed in a New York courtroom for a second day, confirming seven out of the required eighteen jurors. The process highlighted the challenges of finding impartial jurors due to…

House Democrats’ Votes Propel Ukraine Aid Bill Over Critical Obstacle

TL/DR - The U.S. House of Representatives has successfully pushed a long-delayed aid package to Ukraine, Israel, and other American allies past Republican opposition, with a 316-94 vote green-lighting the separate elements of the package for consideration on the House floor. The bill, which enjoys broad bipartisan support despite some resistance…

Concern over climate change rises; doubts persist on Biden’s policy

TL/DR - A recent survey shows approximately 45% of U.S. adults are becoming more concerned about climate change. However, there is persistent skepticism about President Biden's Inflation Reduction Act and its incentives for clean energy, with only a small proportion of Americans recognizing personal benefits from the policy. Democrats are more…