Latest Government regulations News

Companies facing 1st tax on stock buybacks in Biden bill

Aug. 16, 2022 05:26 AM EDT

WASHINGTON (AP) — Democrats have pulled off a quiet first in their just-passed legislation addressing climate change and health care: the creation of a tax on stock buybacks, a cherished tool of Corporate America that had long seemed untouchable. Under the bill President Joe Biden...

China sets sanctions on Taiwan figures to punish US, island

Aug. 16, 2022 05:22 AM EDT

BEIJING (AP) — China imposed visa bans and other sanctions Tuesday on Taiwanese political figures as it raises pressure on the self-governing island and the U.S. in response to successive congressional visits. The sanctions come a day after China announced more military exercises...

Biden to sign massive climate, health care legislation

Aug. 16, 2022 00:10 AM EDT

KIAWAH ISLAND, S.C. (AP) — President Joe Biden will sign Democrats’ landmark climate change and health care bill on Tuesday, delivering what he has called the “final piece” of his pared-down domestic agenda, as he aims to boost his party’s standing with voters less than three months...

EXPLAINER: Why US lawmakers' Taiwan trips keep riling China

Aug. 15, 2022 17:25 PM EDT

WASHINGTON (AP) — Taiwan is high on the summer travel list for U.S. members of Congress on their August recess this year, as U.S. lawmakers make a point of asserting American support for the self-governed island despite objections from China. The payoff photos from this week's five-member...

NC governor signs order officially ending COVID-19 emergency

Aug. 15, 2022 15:51 PM EDT

RALEIGH, N.C. (AP) — North Carolina's state of emergency giving extraordinary powers to state government to address the COVID-19 pandemic is ending Monday as Gov. Roy Cooper officially concluded it nearly 2 1/2 years after he entered his first order. The Democratic governor...

North Dakota recreational pot measure approved for ballot

Aug. 15, 2022 13:34 PM EDT

BISMARCK, N.D. (AP) — Supporters of legalizing recreational marijuana in North Dakota have succeeded in bringing the matter to a public vote in November. The group, New Approach North Dakota, submitted more than the required 15,582 valid petition signatures to get a measure on the...

Germany won't back call to end Russian tourist visas

Aug. 15, 2022 13:03 PM EDT

COPENHAGEN, Denmark (AP) — German Chancellor Olaf Scholz said Monday that Berlin would not back several fellow European countries that have called for an EU-wide move to stop issuing tourist visas to Russian citizens. The nations backing such a ban say that Russians should not be...

British regulator 1st to OK Moderna's updated COVID booster

Aug. 15, 2022 12:56 PM EDT

LONDON (AP) — British drug regulators have become the first in the world to authorize an updated version of Moderna's coronavirus vaccine that includes protection against the omicron variant, which the government said would be offered to people aged 50 and over starting in the fall. ...

Germans face higher bills as tax aids natural gas importers

Aug. 15, 2022 10:24 AM EDT

BERLIN (AP) — Germans are facing a new tax on natural gas use that could cost the average household several hundred euros a year and is aimed at rescuing importers slammed by Russian cutbacks tied to the war in Ukraine. An association of gas pipeline operators on Monday set the...

Myanmar executions revive pressure for more sanctions

Aug. 15, 2022 09:02 AM EDT

BANGKOK (AP) — Recent executions of four democracy activists in Myanmar have reenergized efforts to get the United States and other countries to impose further sanctions against military leaders who ousted an elected government early last year. Human rights advocates and comments...