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Business

Two deaths, one failure of justice

EDITORIAL: The horrifying killing of a teenage boy in Multan, followed by the death of the principal accused in an alleged police encounter, has exposed two deeply disturbing failures of Pakistan’s criminal justice system within days of each other.

Business

Will the policy rate stay put?

EDITORIAL: The Monetary Policy Committee meeting to review the 11.5 percent policy rate is scheduled for 26 October and there are serious concerns that the rate may be raised as inflation remains in…

Tech

Mark Zuckerberg’s creative plan to pay California’s proposed billionaire tax without losing control of Meta

A newly launched stock class being offered was partially engineered to help Meta founder and CEO Mark Zuckerberg pay the "billionaire's tax," should the measure be voted into law.

  • Meta introduces Class C common stock to pay California's billionaire tax.
  • Zuckerberg can sell up to 20% of Class C shares without losing voting control.
  • Proposition 40 could generate $100 billion for healthcare and education.
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