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- BusinessAssociated Press
The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process
The IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade, the U.S. Treasury Department says. The guidance and ruling being announced Monday includes plans to essentially stop “partnership basis shifting" — a process by which a business or person can move assets among a series of related parties to avoid paying taxes. Biden administration officials said after evaluating the practice that there are no economic grounds
2 min read - USThe Independent
Injured cow mowed down by police officer offered ‘idyllic’ retirement home after escaping breeding farm
Exclusive: ‘It would be a dream come true for me,’ the sanctuary owner said
5 min read - USWLNS Lansing
Multiple vehicles underwater at East Lansing apartments
Around 20 vehicles are almost submerged in water Monday morning in the parking lot of an East Lansing apartment community.
1 min read - BusinessReuters
US farmers shun buyers, cling to unsold corn as prices slump
South Dakota farmer Eric Kroupa received a flurry of calls from grain dealers and ethanol plants asking to buy the corn locked away in his bins when prices neared 4-1/2-month peaks last month. "There's a lot of corn out there but it's sitting in the farmers' bins and not the end-users' hands," Kroupa said. Grain supplies are ample and early ratings of summer crops are the best in years.
4 min read - USInside Edition
VideoArmy Vet Survives Attack by Bear on Honeymoon at Yosemite
A Massachusetts man was attacked by a grizzly bear protecting her cub in Yosemite National Park and lived to tell the tale. Shayne Burke was on his honeymoon with wife Chloe when he went off into the park to try to get pictures of a rare owl. That’s when he says he spotted a bear cub and before he knew it, the mamma bear had him in her sights. Inside Edition Digital’s Mara Montalbano has more.
- USBuzzFeed
"Sorry, I Don't Work For You Anymore." — 17 Stories From Employees Who Got Petty Revenge On Their Awful Bosses
"We all knew something was going on with him and another employee. Months later, he wouldn't give me three days off because my niece died of SIDS. So I walked out, bought a $30 burner phone, and texted his wife his phone password. They got divorced."
10 min read - BusinessYahoo Finance
Stocks enter shortened trading week near record highs: What to know this week
Markets will kick off a holiday-shortened trading week after ending last week at record highs.
6 min read
