Treasury Department Outlines Rules for New Corporate Taxes

The preliminary guidance applies to an alternative minimum tax for large corporations and a tax on stock buybacks, which helped fund President Biden’s climate and health bill.

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J.J. Watt, Quarterbacks’ Nightmare, Is Retiring From the N.F.L.

Watt became an outsize celebrity for a defensive player during 10 seasons with Houston and two with Arizona, dominating on the field and raising millions of dollars for hurricane relief.

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Babies in First Class: Which Side of the Aisle Are You On?

For some travelers, nothing can kill that premium-cabin buzz quicker than an infant next to them. But for parents, despite the overwhelming opposition (and glaring side-eye), seats in the front of the plane can be golden.

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Your Wednesday Briefing: China’s Overwhelmed Hospitals

Also, Ukraine is fighting to retake a city in the Donbas.

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‘Most Pro-Union President’ Runs Into Doubts in Labor Ranks

Many union leaders say the Biden White House has delivered on its promises. But its handling of a freight rail dispute has given rise to detractors.

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South Korea lifts ban on import of adult sex dolls

Life-sized sex dolls resembling minors are still prohibited, officials say.
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Day 27: What Are Kids Saying About Kwanzaa?

As some Black families celebrate Kwanzaa this week, we asked children to share their impressions of this nonreligious holiday honoring African American culture.

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