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Two Republican senators and a broad bipartisan coalition of funders and nonprofits prevented a 600% increase in taxes levied on the endowments of the largest private foundations as part of President Donald Trump’s the tax and spending legislation. Thanks to their support, when Trump signed the bill into law on July 4, taxes went up on the endowments of the largest universities, but not on the endowments of philanthropic foundations. “I do have to say that this took some persuasion,” said Sen. Todd Young of Indiana in an interview with The Associated Press. The other champion was Sen. James Lankford…

Manchester United have brought back a popular design from the early 1990s for their latest away kit, to be worn in the 2025-26 season. AdidasWith hope springing eternal at Old Trafford once again ahead of the new Premier League season, Manchester United have rolled out their away kit for the 2025-26 campaign.Perhaps symbolic of a fresh start, the shirt is very nearly a literal clean slate, with a predominantly white base providing the background for the very faintest of graphic overlays.Editor’s Picks2 RelatedThe headline from a design standpoint is that United have once again revisited the popular “snowflake” pattern that was…

MANILA, Philippines (AP) — The U.S. Navy will construct two facilities for the repair and maintenance of Philippine military boats in a province facing the South China Sea, where confrontations between the Philippine and Chinese coast guards have flared. The U.S. Embassy said Wednesday the project will take place at Oyster Bay and Quezon town in western Palawan province. It said in a statement that it underscored the treaty allies’ aim to maintain a “free, open and resilient Indo-Pacific.”Palawan faces the disputed South China Sea, which Beijing claims virtually in its entirety, and is the headquarters of the Philippine military’s…

A new coalition, angry at Labour’s response to Gaza and failure to challenge the rich, believes it can defeat MPs like Wes StreetingIt’s a hot Friday night at the City Gates Conference Centre in Ilford, where the suburbs of east London begin to creep towards the county of Essex. On stage, a young British-Palestinian woman is joined by two lions of the political left: Andrew Feinstein, a former ANC member of the South African parliament turned campaigner and arms trade investigator, and Jeremy Corbyn, the former Labour Party leader turned independent MP. Aged 24, Leanne Mohamad, born and raised in…

CNN  —  Prince Harry traveled to Angola earlier this week and met the country’s president to discuss demining efforts, almost three decades after his mother’s memorable visit to the south African nation. The Duke of Sussex shared his vision of a “mine-free country” in an audience with Angolan President João Lourenço on Tuesday, according to the international NGO, the HALO Trust. “We thanked him [Harry] for his extraordinary dedication to and investment in the vision of a mine-free country, and he expressed his intention to continue to support our work with a further significant contract for the next three years,”…

ISTANBUL (AP) — A Turkish court on Wednesday convicted Istanbul’s jailed opposition mayor and the chief rival to President Recep Tayyip Erdogan of insulting and threatening a public official and sentenced him to a year and eight months in prison.Mayor Ekrem Imamoglu, who is being held in a prison west of Istanbul since March 23, is expected to appeal the verdict, which is part of several ongoing legal proceedings against him.The case, which predates his arrest, stems from comments he made on Jan. 20 in which he criticized Istanbul Chief Public Prosecutor Akin Gurlek, accusing him of targeting opposition figures…

The Hong Kong Stock Exchange said that for the first time, six gongs filled its main hall on July 9, 2025, as 5 companies and an ETF marked their listings.Bloomberg | Bloomberg | Getty ImagesThis report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore the biggest business stories in China, give a lowdown on market moves and help you set up for the week ahead. Like what you see? You can subscribe here.The big storyThere’s a murmur of excitement in China’s venture capital…

Facebook Tweet Email Link EDITOR’S NOTE:  Kara Alaimo is an associate professor of communication at Fairleigh Dickinson University. Her book “Over the Influence: Why Social Media Is Toxic for Women and Girls — And How We Can Take It Back” was published in 2024 by Alcove Press. Follow her on Instagram, Facebook and Bluesky. When two of James Johnson-Byrne’s friends got into an argument earlier this year, he didn’t know what to do. So the 16-year-old turned to an AI companion for advice. AI companions are digital characters who text and talk with users, according to Common Sense Media, a…

Editor’s Note: Jill Dougherty is a former CNN Moscow bureau chief, an adjunct professor at Georgetown University and a CNN contributor on Russia. CNN  —  A decade ago, Georgia was the poster child of post-Soviet countries on their way to democracy and freedom. The government was taking steps to fight corruption. Civil society was blossoming. The economy was growing. American businesses were investing. In 2004, even though it was not a member of NATO, Georgia sent its soldiers to Afghanistan to join the United States and other members of the International Security Assistance Force (ISAF), becoming the largest non-NATO contributor to…

Seoul, South Korea CNN  —  Japan is facing its most severe security environment since World War II as three potential adversaries in East Asia – China, Russia and North Korea – ramp up military activities in the region, the country’s defense minister said Tuesday. “The existing order of world peace is being seriously challenged, and Japan finds itself in the most severe and complex security environment of the post-war era,” Defense Minister Gen Nakatani said in an introduction to the ministry’s annual defense white paper. China’s military activities present “an unprecedented and the greatest strategic challenge” to Japan, the report…