Northwest Republicans help House pass ‘Big Beautiful Bill,’ extending tax cuts while cutting Medicaid, increasing debt

WASHINGTON – Northwest Republicans helped the House pass President Donald Trump’s signature tax-and-spending legislation on Thursday, as nearly all GOP lawmakers backed the massive bill even as many of them said they disliked parts of it. Rep. Dan Newhouse of central Washington and Rep. Russ Fulcher, who represents North Idaho, were among the Republican holdouts…

Australia’s insolvency rates set to climb, law firm says

Insolvencies in Australia are expected to keep rising throughout 2025, as financial pressures deepen and become more entrenched across several key sectors, according to a new report from one of Australia’s biggest law firms. Editor’s note: This story first appeared on Accounting Times’ sister brand, Lawyers Weekly. Following record-breaking highs in insolvency rates in 2024,…

Kate Moss’ Cosmoss Files to Close All Operations

Kate Moss‘ Cosmoss has officially filed to close all its operations. The skin care and wellness business, launched by the 51-year-old British supermodel in 2022, entered into liquidation proceedings on June 24, according to the company filing. Kate Moss‘ Cosmoss enters liquidation proceedings after just three years. Courtesy According to the filing, Cosmoss owed about…