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Influential conservative groups with deep pockets are pushing Republicans to demand steep concessions from Democrats in exchange for extending health care subsidies, a move that risks prolonging a U.S. government shutdown now in its 20th day.Activists on the right, including the billionaire Koch family’s political arm, are running ads and holding meetings to pressure Republicans to stave off Democrats’ demands. If they must negotiate, these groups argue, Republicans should at least leverage any health care talks to score political wins on abortion and other priorities resisted by Democrats.Their push comes as congressional Republicans are divided over how to handle the…

The tricky alternative minimum tax is coming back into play for many clients and their financial advisors under the One Big Beautiful Bill Act. But understanding the AMT’s history can help explain its complicated rates, phaseouts and exemptions — and their impact on clients. The origin story of the AMT rings familiar in some ways. In others, it sounds like the events took place in an alternative universe.Days before President Richard Nixon took office in January 1969, Treasury Secretary Joseph Barr of the outgoing Johnson administration warned the Joint Economic Committee of Congress that there could be “a taxpayer revolt over…

Welcome back! Did you notice something different about Alexa this morning? A major AWS outage appears to be disrupting more than 50 services, including Zoom, Snapchat, and many others.Aravind Srinivas, the CEO of AI startup Perplexity, confirmed in an X post that its service is down. “The root cause is an AWS issue,” he said. “We’re working on resolving it.”Meanwhile, there’s still time to sign up for our event on autonomous vehicles. It’s this Wednesday at 12 p.m. ET, featuring top auto-industry executives discussing how self-driving cars are becoming a fast-moving reality. Sign up here.Now, in today’s newsletter: I recently…

Sports fans are warming to ESPN’s streaming-focused app, but the real question is if they’ll stick around once football season winds down.ESPN’s streaming services generated an estimated 2.1 million subscribers in the US from August 21 through September, subscription data firm Antenna said on Monday.About 1.2 million, or 57%, of those signups were for the full version of ESPN, which the sports network made available outside of the pay-TV bundle for the first time ever for $30 a month. The rest were for ESPN Select (formerly ESPN+), which has a smaller subset of live sports, some original shows, and ESPN’s…

This as-told-to essay is based on a conversation with Chase Rigby, CEO of Tassel. It has been edited for length and clarity.When I left my career as a product manager at Google after six years, my wife wondered what I was doing. Working at Google taught me a ton about company culture and innovation. And yet, it wasn’t where I felt I could make my mark. I’m not a founder either and had no interest in bringing a company from 0 to 1, as we say. However, I was drawn to helping companies grow from 1 to 10, or even…

A worker at Ford’s Kentucky Truck Plant on April 30, 2025.Michael Wayland | CNBCDETROIT — “A lot of cost and a lot of chaos.” That’s how Ford Motor CEO Jim Farley described the state of the automotive industry earlier this year amid geopolitical tensions, tariffs, inflation and other disruptions.All those factors created massive uncertainty for the U.S. automotive industry that led to relatively bearish outlooks for the sector in 2025. Some of those concerns have come to fruition, but the industry has proven to be far more resilient than many had expected.”Six months into the onset of tariffs, we’ve been…

Cathie Wood is betting that Elon Musk’s new $1 trillion Tesla pay package will comfortably clear its first hurdle: a shareholder vote.In a post on X on Sunday night, the ARK Invest founder and longtime Tesla bull said she expects Musk’s compensation plan to win “decisively,” despite opposition from influential proxy advisory firms and index funds that she said dominate institutional investing.”When shareholders first voted on Elon Musk’s 2018 pay package, Tesla was not in any index, and the pay package won decisively,” Wood wrote.”Now Tesla is 2.4% of the S&P 500, not enough for index funds to swing the…

Even small errors, like a wrong number on an expense report or a typo in code, can feel like the end of the world at work.Fintech cofounder Garima Shah said it’s “dumb” to “chastise people for making mistakes” in a corporate environment — and at a startup, mistakes need to happen in order to promote innovation.”Every single day is different, which means we’re going to have to make mistakes in order to continue moving forward,” said Shah, who cofounded fintech company Biller Genie about five years ago.That means taking accountability is “really important,” the cofounder told Business Insider. As a…

Tim Huelskamp is cofounder and CEO of the news and knowledge platform 1440. The entire company holds a dedicated week each quarter where they cancel most meetings and take time to think about ways to improve the business. This story has been edited for length and clarity.We did our first “Thinking Week” in December 2023. People need vacations to recharge, but the company sometimes needs a vacation, too. It’s like the company is just getting into the monotony of meeting scheduled, meeting scheduled, do this, do this. It’s really good to press the reset button.So, in 2023, I brought it…

An inside view of Newark Airport as travelers are facing eight straight days of massive delays, United Airlines canceling routes and staffing shortages in Newark, New Jersey, United States, on May 06, 2025. Mostafa Bassim | Anadolu | Getty ImagesAirline websites, including those for Delta Air Lines and United Airlines, were affected during Monday’s hourslong disruption of Amazon Web Services, the massive cloud computing provider, with some customers complaining they were unable to access flight check-in functions or their reservations.At 5:27 a.m. ET, Amazon said: “We are seeing significant signs of recovery. Most requests should now be succeeding. We continue…