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The Internal Revenue Service’s contingency plans for a government shutdown are currently unknown, with the web page for the most recent plan from last December returning an error message as of Friday afternoon.Former IRS acting commissioner Doug O’Donnell, who is now a senior managing director of KPMG’s Washington national tax practice, discussed the possibilities during a LinkedIn Live session on Thursday afternoon moderated by Brittany Hardin Tanguay, a senior manager in KPMG’s Washington national tax practice. O’Donnell retired from the IRS in February amid a wave of staffing cuts and disputes over sharing taxpayer information with the U.S. DOGE Service…

Updated 2025-09-26T18:35:50Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. I moved from Wisconsin to New York City over 10 years ago. The Midwest still surprises me with its lower prices, larger stores, and emptier airports. The Midwest’s friendliness, passion for football, and strong accents also feel novel to me now. Since moving from Wisconsin to New York…

A federal agent restrains the wife of a detained man from Ecuador on Sept. 25 in New York City. The agent was later placed on leave. Stephanie Keith/Getty Images hide caption toggle caption Stephanie Keith/Getty Images An Immigration and Customs officer working at the New York immigration courts has been placed on administrative leave after video circulated online showed him pushing a woman toward a wall and to the ground, according to the Department of Homeland Security. The man appears to be the same officer involved in an arrest of a court observer last month, which was witnessed by NPR…

On Tuesday, May 13, 2025 at North Javits in New York City, an incredible roster of all-star talent will tout their connections to storytelling, Disney, and each other while showcasing their latest projects for the upcoming year.Michael Le Brecht | Disney General Entertainment Content | Getty ImagesSinclair is returning “Jimmy Kimmel Live!” to its ABC affiliate broadcast stations beginning Friday, the company said in a statement.The announcement comes three days after Disney’s ABC broadcast network returned the late night program to its air after a nearly week-long suspension. Disney had temporarily suspended the late night show following comments Kimmel made…

When I started my career over two decades ago, I thought the best leaders were the smartest people in the room: the ones with the answers, the sharpest opinions, and the clearest strategies.Since then, I’ve worked in four countries: Australia, Hong Kong, the UK, and Canada, holding progressively senior roles across corporate, academic, and administrative teams. I mainly work in the medical and education fields.Eventually, through all my positions, I realized I was wrong: True leadership meant something else entirely.I saw cultures that thrived, not because of policies or metrics, but because people felt safe. I saw teams that delivered…

A sign for the CDC sits outside of their facility at the Centers for Disease Control and Prevention Roybal campus in Atlanta, Georgia, U.S., May 30, 2025. Megan Varner | ReutersMore than a dozen pages on the Centers for Disease Control and Prevention website related to sexual and gender identity, health equity, and other topics have been taken down, CNBC has learned. The CDC received a directive from the Health and Human Services Department, which oversees the agency, to remove certain webpages by the end of the day Sept. 19, according to an internal CDC email viewed by CNBC, which was…

President Donald Trump announced a fresh round of tariffs on pharmaceuticals, heavy trucks and furniture, including a 100% duty on patented drugs unless the producer is building a manufacturing plant in the U.S.”Starting October 1st, 2025, we will be imposing a 100% Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America,” Trump posted on social media Thursday, without offering specifics on which producers will be impacted. “There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started.”Trump’s post was one of several on new industry-focused tariffs set…

2025-09-26T14:08:18Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Tuition at private US colleges is on the rise, reaching an average annual cost of $43,350 in 2024. The yearly cost of attending some private colleges and universities is nearly six-figures. The University of Southern California’s tuition and fees are the most expensive, at $75,162. While some Americans are…

Boeing 737 Max planes sit at the airport in Renton, Washington.Leslie Josephs | CNBCBoeing can sign off on some of its 737 Max and 787 Dreamliner planes before they’re handed over to customers, the Federal Aviation Administration said Friday, the latest sign the manufacturer is regaining confidence from its regulator after years of safety crises.The FAA stopped allowing Boeing to issue its own airworthiness certificates for 737 Max airplanes in 2019 after two fatal crashes. It made a similar decision for Boeing 787s in 2022 because of production defects. Since the second Max crash, in March 2019, the FAA solely issued…

Nidec Corp. has discovered more suspected cases of improper bookkeeping, including some involving a Swiss subsidiary, adding to a scandal that’s threatening the listing of the once-celebrated Japanese auto gear maker.The world’s top maker of mini motors set up an external probe this year after finding accounting irregularities at two subsidiaries. On Friday, it said it unearthed new problems: its car inverter business may have for years underreported customs duties on second-hand goods exported to China, and a Swiss unit may have exported products without completing the required paperwork.Auditor PwC Japan was unable to obtain enough evidence to form an…