California voters will decide in November on a ballot measure proposing a one-time 5% tax on residents with a net worth over $1 billion as of January 1, 2026. Supporters say the tax could raise about $100 billion to help offset federal Medicaid funding cuts, with 90% of funds directed to healthcare and 10% to education and food assistance. Opponents, including Governor Gavin Newsom, warn the tax could drive wealthy residents out of the state and destabilize California's tax base. The measure includes provisions to ease payment and prevent tax avoidance, but debate continues as the state faces budget challenges.
The global coaxial cable market, valued at $21.58 billion in 2025, is projected to grow to $46.24 billion by 2035, expanding at a CAGR of 7.94%. This growth is fueled by rising broadband demand, high-speed internet infrastructure investments, and inc...
The global cable assembly market, valued at $194.54 billion in 2025, is projected to grow to $348.66 billion by 2035 at a CAGR of 6.03%. Growth is fueled by rising demand for high-speed connectivity, 5G networks, cloud computing, and digital infrastr...
Certain shareholders of Nyrstar NV have filed a petition with the Antwerp Enterprise Court requesting the appointment of a provisional administrator or an ad hoc trustee to manage the company for at least 12 months. This move is part of ongoing legal...
The global bloodstream infection testing market is projected to grow from $876.49 million in 2025 to $1.4 billion by 2035, at a CAGR of 4.8%. Growth is fueled by rising bloodstream infection cases, increased sepsis hospitalizations, and wider adoptio...
Frontier Power UK received a provisional positive assessment from Ofgem for its Window 1 Long Duration Electricity Storage (LDES) projects, with at least one project expected to be awarded under the Cap and Floor scheme. These projects support the UK...
