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The Daily Legal News
Business
Donors gave $125M to keep foreign aid programs going after cuts
NEW YORK (AP) — When the Trump administration froze foreign assistance overnight, urgent efforts began to figure out how to continue critical aid programs that could be funded by private donors.
Multiple groups launched fundraisers in February and eventually, these emergency funds mobilized more than $125 million within ei ... (full story)
Book value, explained
Q: What's a company's book value? -- R.S., Anchorage, Kentucky
A: It's an accounting measure reflecting the company's total assets less its total liabilities -- in other words, it's shareholder equity, or what shareholders might get if the company were liquidated and debts and obligations were covered.
Book value is not as u ... (full story)
Bill Gates calls for climate fight to shift focus from curbing emissions to reducing human suffering
NEW YORK (AP) — Bill Gates thinks climate change is a serious problem but it won't be the end of civilization. He thinks scientific innovation will curb it, and it's instead time for a "strategic pivot" in the global climate fight: from focusing on limiting rising temperatures to fighting poverty and preventing disea ... (full story)
Local
The Trump administration's anti-immigrant housing policy reflects a long history of xenophobia in public housing
(THE CONVERSATION) The U.S. housing market has been ensnared in a growing affordability crisis for decades.
The problem has gotten dramatically worse in recent years. Since 2019, home prices are up 60% nationwide. A record-high 22 million renters are "cost-burdened" – spending more than 30% of their income on hou ... (full story)
The Glozel affair: Hoax made science front-page news in 1920s France
(THE CONVERSATION) In early November 1927, the front pages of newspapers all over France featured photographs not of the usual politicians, aviators or sporting events, but of a group of archaeologists engaged in excavation. The slow, painstaking work of archaeology was rarely headline news. But this was no ordinary dig.
The arc ... (full story)
State
'We have to be good or ICE will get us': Takeaways from Chicago children caught in immigration raids
CHICAGO (AP) — Just before noon on a sunny Friday early last month, federal immigration agents threw tear gas canisters onto a busy Chicago street, just outside of an elementary school and a children's play cafe.
Parents, teachers and caretakers rushed to shield children from the chaos, and have been grappling ever since w ... (full story)
Backing Israel was considered mandatory for New York politicians. Then came Zohran Mamdani
NEW YORK (AP) — A few weeks before his stunning loss to Zohran Mamdani in the Democratic mayoral primary, former Gov. Andrew Cuomo put forth a political calculus long accepted as fact in New York: "Being a Democrat," he said, "it's synonymous that you support Israel."
Mamdani, who would be the city's fi ... (full story)