(2022-08-19). China strongly opposes U.S. chips bill: commerce ministry. ecns.cn The Chips and Science Act passed by the U.S. Congress contains provisions that restrict relevant companies' normal economic, trade and investment activities in China, which is discriminatory and will distort the global semiconductor supply chain and disrupt international trade.
(2022-08-19). Xinjiang's foreign trade up 38.1 pct in first seven months. ecns.cn Northwest China's Xinjiang Uygur Autonomous Region recorded nearly 115.5 billion yuan (about 17 billion U.S. dollars) in foreign trade in the first seven months of this year, up 38.1 percent year on year.
(2022-08-19). FDI rise confirms nation's economic pull. ecns.cn Foreign direct investment in China has grown 17 percent year-on-year to 798.33 billion yuan ($117.56 billion) in the first seven months of this year, indicating that the country's ability to attract capital is intact despite challenges threatening the recovery of the global economy.
(2022-08-19). Shanghai to release consumption coupons on Sat. ecns.cn Shanghai authorities are planning to release 1 billion yuan worth of coupons in the coming months, the Shanghai Municipal Commission of Commerce announced on Wednesday.
(2022-08-19). The Taliban Envisions Russia Playing A Big Role In The Group's Geo-Economic Balancing Act. oneworld.press It won't openly say as much, but the Taliban is arguably working to preemptively avert its potentially disproportionate dependence on China and Pakistan out of concern that such a relationship could erode its sovereignty.
(2022-08-19). J.D. Vance's Wall Street Tax Dodge. levernews.com 
The supposed populist Ohio Republican Senate candidate J.D. Vance has structured his income to exploit a controversial tax loophole that almost exclusively benefits the super-rich, according to financial disclosures reviewed by The Lever. Vance's opponent, Ohio Democratic Rep. Tim Ryan, has
(2022-08-19). Opportunity instead of crises and End this madness! indybay.org Almost no one asks what an economic policy looks like that no longer subordinates everything to economic growth: How to reduce the debt mountain to a reasonable level without GDP growth? How can pensions be secured without GDP growth and how can sufficient gainful employment be guaranteed?>
(2022-08-19). China sets up working group to promote talks on joining DEPA. ecns.cn China on Thursday set up a working group to advance talks on joining the Digital Economy Partnership Agreement (DEPA) after approval from the DEPA Joint Committee, the Ministry of Commerce (MOC) announced on Friday.
(2022-08-19). Sunday 8/21: Stop the Trigger Laws!: March and Rally to Defend Abortion Rights. indybay.org San José City Hall | 200 East Santa Clara Street | San José, CA 95113…
(2022-08-19). Cerca de 0 médicos cubanos laborarán en Calabria, Italia. telesurtv.net Presidente de la región, Roberto Occhiuto, afirmó que los galenos cubanos arribarán a partir de septiembre y apoyarán ante la falta de personal sanitario.
(2022-08-19). China offers NE province financial support to restore flood-hit infrastructure. ecns.cn China's top economic planner has allocated a budgetary investment fund to help the flood-stricken northeastern Liaoning Province.
(2022-08-19). Mayo Clinic announces a strategic collaboration for a new era of biomanufacturing. newsnetwork.mayoclinic.org ROCHESTER, Minn. — Mayo Clinic today announced a strategic collaboration in biomanufacturing to deliver novel biotherapeutics for rare and complex conditions. The collaboration brings together science, engineering and manufacturing to advance Mayo Clinic's vision of bringing new cures to clinical care. The focus will be on therapies derived from human sources known as biologics — cells, blood, enzymes, tissues, genes or genetically engineered cells — for use in medicines. Therapeutics based on biologics have the…
(2022-08-19). "He wants to abolish this horrible tiered labor system"—GM Flint temp worker supports Will Lehman for UAW president. wsws.org A newly hired temporary worker detailed abuse at the hands of the company and the UAW and explained why he was supporting a socialist for UAW president.
(2022-08-19). Consumer Health: Teens and depression — a back-to-school concern. newsnetwork.mayoclinic.org With many teens heading back to school, peer pressure and academic expectations are once again a reality. These added pressures can cause ups and downs during what can be an already tumultuous time of life. For some teens, though, the lows are more than just temporary feelings. They're symptoms of depression. Depression is one of the most commonly diagnosed mental disorders in children, according to the Centers for Disease Control and Prevention. Teen depression is a…
(2022-08-19). Trump Organization chief financial officer Allen Weisselberg pleads guilty to tax fraud. wsws.org Despite pleading guilty to multiple crimes, the nearly -year employee of the Trump family is expected to spend a mere 100 days in jail.
(2022-08-19). No More Kaiser Suicides! NUHW Members Strike Kaiser Health System. indybay.org Two thousand Kaiser NUHW healthcare workers went on an indefinite strike on August 15, 2022 for proper staffing and compensation to keep healthcare professionals on the jobs. As a result of a lack of proper staffing, Members and patients at Kaisers have committed suicide. Clinicians…
(2022-08-19). Ghalibaf calls for prioritizing neutralizing sanctions. en.mehrnews.com TEHRAN, Aug. 19 (MNA) — The Iranian Parliament Speaker Mohammad Bagheri Ghalibaf has called on President Raeisi's government to prioritize reviving the economy and neutralizing the sanctions.
(2022-08-19). RISE for Youth program celebrates successful first year. newsnetwork.mayoclinic.org RISE for Youth, a first-of-its-kind collaboration between Mayo Clinic and the Rochester branch of the NAACP, recently wrapped up its inaugural year of programming. The program, which received funding through Mayo Clinic's $100 million commitment against racism, drew rave reviews from scholars, community partners and Mayo Clinic staff. For as long as she can remember, Aisha Qassim has wanted to become a surgeon. But with no doctors in her family, she wasn't sure of the…
(2022-08-18). Sometimes Humanity Gets it Right. popularresistance.org When it comes to U.S.-Russian arms control, sometimes history should repeat itself | President Joe Biden recently called for Russia to resume arms control negotiations aimed at keeping the existing New START treaty, scheduled to expire in 2026, viable. | Russia responded by suspending all inspection activity related to New START, declaring that the United States was seeking unilateral advantage by denying Russia access to inspection sites in the US, while demanding that Russia permit American inspectors access to sites in Russia. | Arms control, once the cornerstone of U.S.-Russian relations, appears to be on lif…
(2022-08-18). Being Anything But a Good Sport in Saudi Arabia. tomdispatch.com Here's the big question in Jock Culture these days: Is the Kingdom of Golf being used to sportswash the Kingdom of Saudi Arabia? Or is it the other way around? After all, what other major sport could use a sandstorm of Middle Eastern murder and human-rights abuses to obscure its own history of bigotry and greed? In fact, not since the 1936 Berlin Olympics was used to cosmeticize Nazi Germany's atrocities and promote Aryan superiority have sports and an otherwise despised government collaborated so blatantly to enhance their joint international standings. Will it work this time? The jury has been out since the new…
(2022-08-18). US To Curb China's Semiconductor Technology Development. southfront.org Click to see full-size imageStopping China's chip autonomy ambitions already seems impossible. | Written by Ahmed Adel, Cairo-based geopolitics and political economy researcher | The US has imposed new export restrictions affecting China's semiconductor industry. The new ban includes export restrictions of Equipment Data Acquisition (EDA) and diamond  ; used for semiconductor substrates instead of silicon and is the latest generation chip. The Bureau of Industry and Security (BIS) of the US Department of Commerce has an…
(2022-08-18). New Zealand sends another 120 troops to train Ukrainian soldiers. wsws.org The Labour government's new deployment means there will be 224 New Zealand troops in Europe assisting the US-NATO proxy war against Russia—NZ's largest overseas military deployment in decades.
(2022-08-18). Three more ships leave Ukraine under grain deal. ecns.cn A fleet of three vessels, together carrying 33,000 tons of corn, wheat and sunflower oil, departed from Ukraine on Wednesday, the Ukrainian Sea Ports Authority said.
(2022-08-18). US Senator's Comparison Of Bukele To Hitler Confirms Escalation Of Hybrid War Against El Salvador. oneworld.press The Hybrid War of Terror fueled by terrorist criminal gangs complements the economic Hybrid War of sanctions and infowar through pro-US NGO networks and US-dominated international institutions like the UN and the OEA.
(2022-08-18). Good Samaritan Nonprofit Has Purchased $6B In Medical Debt, Says It Cost $1 To Wipe Out Each $100. moguldom.com A debt collector-turned-philanthropist has bought $6.7 billion worth of medical debt on secondary markets — where hospitals sell debt for pennies on the dollar. But instead of profiting by collecting on that debt, the nonprofit has relieved 3.6 million people of the weight of their hospital bills. A 2020 University of Minneapolis study examined medical …
(2022-08-18). Russia sees 38% rise in energy export earnings this year. en.mehrnews.com TEHRAN, Aug. 18 (MNA) — Higher oil export volumes, coupled with rising gas prices, will boost Russia's earnings from energy exports to $337.5 billion this year, a 38% rise on 2021, according to an economy ministry document.
(2022-08-18). China's non-financial ODI up 4.4 pct in Jan.-July. ecns.cn China's non-financial outbound direct investment (ODI) reached 424.28 billion yuan in the first seven months of the year, up 4.4 percent year on year, official data showed Thursday.
(2022-08-18). Port Workers' Strike Threatens To Bring UK Economy To A Standstill. popularresistance.org Nearly 2,000 Unite union members voted to strike at the end of July by a 92 percent majority on an 81 percent turnout, rejecting a below-inflation pay offer of just 5 percent. At the time of the ballot result the RPI measure of inflation was at 11.8 percent. It is now 12.1 percent and predicted to rise to over 17 percent this year. Pay has been held down for years with dockers receiving another below-inflation deal, 1.4 percent, in 2021. | Felixstowe Dock and Railway Company is owned by Hong Kong-based CK Hutchison Holding Ltd, one of the largest foreign investors in Britain. It is one of the world's foremost con…
(2022-08-18). More Swedes Seek Food Support Amid Soaring Inflation. telesurenglish.net As food prices continue to soar, more and more people in Sweden, a Nordic country known for its well-developed welfare system, are seeking help for daily food. Since this spring, an increasing number of Swedes have found themselves struggling with sky-high food prices and seen no other option but to join charity schemes that offer free or highly discounted groceries. | RELATED: | "Most of the new members are single parents…
(2022-08-18). Venezuela's Inflation in June Back Down to Single Digit After Reporting Delays. orinocotribune.com Caracas, August 17, 2022 ( The figures for GDP and trade balance, among others, have still not been updated by Venezuela's monetary authority for the whole of 2022, despite the fact that high ranked government officials including President Maduro himself ha…
(2022-08-18). U.S. Fed sees further rate hikes ahead until inflation pressures significantly ease. ecns.cn U.S. Federal Reserve officials indicated that further rate hikes could follow as they saw "little evidence" that U.S. inflation pressures were subsiding, according to the minutes of the Fed's latest policy meeting released Wednesday.
(2022-08-18). Biden's inflation bill isn't Build Back Better, but it's a good start. peoplesworld.org 
President Joe Biden and the Democrats are celebrating the passage of the Inflation Reduction Act, a stripped down version of the Build Back Better agenda. The new bill will help reduce inflation, address climate change, and ease economic hardship— a little, over time, and with conditions. But that's still a big deal. This smaller yet still sweeping new …
(2022-08-18). Biden's Inflation Bill—(Mostly) Good News for People and the Planet—Is Only the First Step. commondreams.org Eventually, more and better legislation must pass. But the Inflation Reduction Act is a mostly laudable, necessary start.
(2022-08-18). Growing recessionary trends in major economies. wsws.org The marked downward shift in the major economies is not the result of a conjunctural shift in the business cycle, to be followed by an upturn, but is one aspect of a general breakdown of the global capitalist economy.
(2022-08-18). Israel's Premature 'Victory' Celebration. popularresistance.org For years, Palestinians, as well as Israelis, have labored to redraw the battle lines. The three-day Israeli war on Gaza, starting on August 5 clearly manifested this reality. | Throughout its military operation, Israel has repeatedly underscored the point that the war was targeting the Islamic Jihad Movement only, not Hamas or anyone else. | A somewhat similar scenario had transpired in May 2019 and again in November of the same year. The May clashes began when two Israeli soldiers were wounded by a Palestinian sniper at the fence separating besieged Gaza from Israel. | Mass weekly protests had taken place near…
(2022-08-18). It's Criminal For Kiev To Claim That Receiving Russian Humanitarian Aid Is "Collaborationism" oneworld.press Neither Ukrinform nor the Kyiv Independent can credibly be described as "Russian-friendly", not to mention "Russian-controlled", so nobody can claim that they're pushing "fake news" or "misinformation" about Kiev's new policy that essentially amounts to the public intent to commit war crimes against the civilian population.
(2022-08-18). Class Struggle Or Degrowth? popularresistance.org In his recent book, Climate Change as Class War, Matthew Huber argues that the ecological crisis is primarily caused by the capitalist mode of production, especially the preponderant deployment of fossil capital, 'the forms of capital that generate profit through emissions'. For many on the anti-capitalist left, this is a conclusion that hardly bears repeating. Nevertheless, Huber is right to centre the claim. Ecological collapse is accelerating and requires immediate action. While the global average of emissions must reach zero by 2050 to stay within 1.5—2 ∞C heating, in order to do this at pace, the…
(2022-08-18). Sudanese Communist Party Forms a New Alliance Committed to Ending Military Rule. towardfreedom.org After withdrawing from the Forces for Freedom and Change (FFC), the Sudanese Communist Party has continued to call for democratic civilian rule. Abayomi Azikiwe analyzes the situation.
(2022-08-18). Another Amazon warehouse could go union, this time in upstate N.Y. peoplesworld.org 
NEW YORK (AP) — Backed by the grassroots labor group that secured the first-ever union victory of an Amazon warehouse in the U.S., workers of another warehouse filed a petition on Tuesday for an election in upstate New York in the hopes of a similar outcome. A spokesperson for the National Labor Relations Board said …
(2022-08-18). Commerce Ministry speaks out against U.S. export controls. ecns.cn The United States' new export controls on advanced chip design software deviates from the principle of fair competition and violates international economic and trade rules, China's Ministry of Commerce said on Thursday.
(2022-08-18). Britain's Strike Wave Escalates As Millions Push For Action. popularresistance.org More than 40,000 rail workers represented by the Rail, Maritime and Transport union (RMT) and Transport Salaried Staffs Association (TSSA) will continue national rail strikes on Thursday and Saturday. Around 10,000 RMT members on the London Underground and Overground will strike Friday, alongside 1,600 London United bus workers beginning two days of action. | In an action that will massively impact on the UK economy, 1,900 workers at the UK's Felixstowe port, responsible for half of all container freight, will begin eight days of strike action on Sunday. Over 500 workers have also voted to strike at the Port of L…
(2022-08-18). Cuba's Economic Reforms for Foreign Investment. orinocotribune.com New economic reforms were implemented in Cuba. According to Betsy Díaz Velázquez, minister of domestic trade, and Ana Teresita González Fraga, first deputy minister of foreign trade, the new measures are as follows: | ‚Ä¢ Direct import and export is authorized for certain non-state economic actors in the economy. | ‚Ä¢ Permission is granted to those that generate goods and services for export, beginning with those that export informational services. | ‚Ä¢ Private entities that offer products at better prices for the population are authorized to carry out foreign tra…
(2022-08-18). Student, 20, Makes $110M Trading Meme Stock Bed Bath & Beyond: How He Did It. moguldom.com Jake Freeman, an applied math and economics major at the University of Southern California, made about $110 million in a well-timed sale of shares in meme stock Bed Bath & Beyond after the 20-year-old bought low in July, and then sold high a month later. Freeman bought close to 5 million shares in Bed Bath …
(2022-08-18). PSL editorial — Taiwan trade talks the latest front in Washington's anti-China offensive. liberationnews.org 
The Biden administration's latest reckless anti-China escalation is playing out on the economic front with newly-unveiled negotiations for a trade deal with Taiwan…
(2022-08-18). Venezuela: Gov't Pays Vacation Bonuses, Workers Continue Mobilizing for Labor Rights. venezuelanalysis.com The Venezuelan government has opened a dialogue table with public sector trade unions to address demands.
(2022-08-18). The City Has Failed University City Townhome Residents. popularresistance.org Philadelphia, Pennsylvania – Monday morning's abrupt dismantling of the protest encampment outside of West Philly's University City Townhomes served as another reminder that Black lives still don't matter. | For the past year, residents from the affordable housing complex near the University of Pennsylvania have been fighting back against IBID Associates, who are putting the property up for sale. They have made their demands known — halting the sale and demolition of the homes, granting residents a two-year extension, a $500,000 financial compensation for each displaced family, and more. But for the predomi…
(2022-08-18). Black Girls Code Founder Launches Legal Attack On Organization She Founded, Was Ousted From. moguldom.com Kimberly Bryant, the founder and recently ousted CEO of Black Girls Code, has filed a federal lawsuit alleging the organization wrongfully terminated her due to a power grab from members of the non-profit organization's board. According to a report by Business Insider, the lawsuit names BGC board chair Heather Hiles, board members Sherman Whites and Stacy Brown-Philpot, and interim executive …
(2022-08-18). Capitalism 101: How the rich stay on top. workers.org 
(2022-08-18). Clinicians Strike Against 'Separate And Unequal' Mental Health Care. popularresistance.org California – Thousands of Northern California Kaiser Permanente mental health clinicians, members of the National Union of Healthcare Workers (NUHW), are on strike. | Their goal is to compel Kaiser to put an end to the gaping disparity in the care it provides for physical vs. mental health conditions. | Patients are forced to wait months before they can start therapy. The union reports that psychologists, therapists, and social workers are quitting in frustration. | Kaiser has been fined by state regulators and sued by local prosecutors for its lack of mental health care. It is now facing a new state investigatio…
(2022-08-18). South Africa: Decent Health Care Requires Dignified Attention to Each Patient. libya360.wordpress.com Richard Pithouse 17 April 2021: Permaculture activist Ntsika Mateta from Ngqwele village near Qonce in the Eastern Cape holds a carrot plant he is using for seed production to support rural residents in establishing communal and household vegetable gardens. (Photograph by Bonile Bam) Yogesh Jain, a communist doctor practicing in rural central India, recently visited…
(2022-08-18). UK Conservative government unveils dictatorial plan to "smash the rail strikers" wsws.org Point 10 proposes to end the ban in the draconian Civil Contingencies Act on using emergency regulations to stop strike action which the government deems will create a "national emergency".
(2022-08-18). UK rail workers speak from the picket line. wsws.org World Socialist Web Site reporters spoke with pickets on the first day of resumed national rail strikes.
(2022-08-18). Tax breaks for workers from SARs in Nansha. ecns.cn Hong Kong and Macao residents working in the Nansha district of Guangzhou, capital of Guangdong province, are eligible for partial exemption from personal income tax which exceeds that in the two special administrative regions.
(2022-08-18). Chapeando: La mentira de Duque que Trump usó para meter a Cuba en la lista espuria (+ Podcast). cubadebate.cu Una mentira colosal acaba de ser revelada. Sirvió de pretexto a Donald Trump para devolver a Cuba a la lista espuria de países que, según ellos, patrocinan el terrorismo. Escuche detalles sobre el dossier que elaboró la Inteligencia del gobierno de Duque en Colombia, mintiendo y plantando falsas evidencias, para entregar a la CIA, como pruebas de supuestas acciones de diplomáticos cubanos.
(2022-08-18). Young steelworker seriously injured by steel coil at Cleveland-Cliffs Indiana Harbor Mill. wsws.org The recent serious injury of a Cleveland-Cliffs steelworker in Indiana exposes the extremely dangerous conditions for steelworkers in the US and the bankruptcy of the USW's claim that "the union's priority must always be making sure that workers come home safely at the end of their shifts."
(2022-08-18). Gobierno de región italiana de Calabria anuncia llegada de cerca de 0 médicos cubanos. telesurtv.net Presidente de la región, Roberto Occhiuto, afirmó que los galenos cubanos arribarán a partir de septiembre y apoyarán ante la falta de personal sanitario.
(2022-08-18). Australia: Union suppresses discussion of a socialist perspective as rail workers continue strikes in NSW. wsws.org The Rail, Tram and Bus Union's attacks on the democratic rights of their own membership are an indication of the bureaucracy's determination to suppress any independent discussion or action among workers.
(2022-08-18). Rolls-Royce locks out 530 Montreal airplane engine plant workers for 5 months. wsws.org The British-based multinational is slashing thousands of jobs at its facilities across five continents and attacking employees' wages and working conditions to further boost its profits.
(2022-08-18). El dólar mediático: Un arma para la guerra económica contra Cuba. cubadebate.cu En la tarde del pasado miércoles 3 de agosto gran parte de los cubanos estaban sentados frente a sus televisores. Ese día se emitió una de las Mesas Redondas que más expectativas ha generado en el presente año. En esa emisión se anunció la apertura de las operaciones de un mercado oficial de divisas que iniciaría solo con la compra de dólares y otras monedas. La tasa central de cambio sería algo mayor que la establecida en la calle: 120 pesos por un dólar.
(2022-08-18). Minimum income requirements continue to exclude the poor from affordable housing projects. indybay.org Public Housing Is Being Privatized By So-Called Nonprofit Affordable Housing Developers, And Turned Into So-Called Affordable Housing Projects That Exclude The Poorest Of The Poor With Minimum Income Requirements!
(2022-08-18). US says will take steps to counter China's activity in Taiwan. en.mehrnews.com TEHRAN, Aug. 18 (MNA) — The United States says it plans to adopt measures to counter China's military and economic activity around Chinese Taipei, amid heightened tensions between Taipei and Beijing.
(2022-08-18). Cuba declara duelo oficial por víctimas de incendio en Matanzas. telesurtv.net Declaran imposible identificar restos óseos hallados en el área del incendio de grandes proporciones en la zona industrial de Matanzas, Cuba.
(2022-08-18). China's FDI inflow up 17.3 pct in first seven months. ecns.cn Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 17.3 percent year on year in the first seven months of the year, the Ministry of Commerce said Thursday.
(2022-08-18). China exprime su política monetaria y su diplomacia económica para acabar con la supremacía del dólar. globalizacion.ca El gigante asiático sigue estrategias que buscan acabar con el liderazgo del dólar y prepararse para un "desacople" de los mercados occidentales. Algo se mueve en el corazón financiero y político de Pekín. | Los jerarcas del Partido Comunista de China…
(2022-08-18). Nueve trabajadores quedan atrapados tras colapso de mina en Colombia. telesurtv.net Voluntarios de la Defensa Civil, el Grupo de Seguridad y el Salvamento Minero apoyan en las labores desde minutos después de acontecido el incidente.
(2022-08-18). Xi: CPC is always with the people. ecns.cn Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, said more efforts should be made so that the people feel the CPC serves the people wholeheartedly and is always with the people.
(2022-08-18). Railroaders demand strike action as pro-management Presidential Emergency Board declares workers have "no claim to share" in record profits. wsws.org Since the PEB issued its recommendations, the rail unions have maintained a guilty silence.
(2022-08-18). Democrats: Use Labor Day as an Action Day to Highlight Workers Rights. commondreams.org The Democrats have not been taking advantage of the one national holiday dedicated to working people.
(2022-08-17). Israel's Premature 'Victory' Celebration: The defining War in Gaza Is Yet to Be Fought. mintpressnews.com For years, Palestinians, as well as Israelis, have labored to redraw the battle lines and Israel's three-day Israeli war on Gaza, starting on August 5, clearly manifested this reality.
(2022-08-17). üéß LISTEN: Where Does The Climate Movement Go From Here? (With Kate Aronoff). levernews.com Now that Congress has passed the Inflation Reduction Act, which includes both historic climate spending and new fossil fuel development, we're asking the question, "Where does the climate movement go from here?" On the latest episode of our weekly Callin show,
(2022-08-17). Biden signs Inflation Reduction Act, bringing historic climate crisis investment. peoplesworld.org 
The most significant investment in addressing the climate crisis in U.S. history was signed into law by President Joe Biden on Aug. 16 before a jubilant White House gathering. The investments in climate and green energy will help put the country within striking distance of reaching goals to reduce global warming carbon emissions by 2030. …
(2022-08-17). In Addition to Gas, Drinking Water is Becoming a Strategic Resource. journal-neo.org 
The sanctions war on Russia, inspired by the Russophobic policies of the United States and its allies, has plunged the world into not only economic and energy crises, but also ecological collapse. To comply with instructions from Washington to reduce Russian gas deliveries, the authorities of the Western states have considered reviving coal power as …
(2022-08-17). For first time ever, corporate stock buyback manipulation will be taxed. peoplesworld.org 
WASHINGTON (AP)—Democrats have pulled off a quiet first in their newly signed 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 signed into law Tuesday, companies will face a new 1% excise tax on purchases …