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The latest business and policy stories, each synthesized from multiple sources with added background and context.
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Bipartisan Lawmakers Introduce 20% Federal Film Tax Credit to Counter Global Incentives
A bipartisan group of U.S. lawmakers introduced the Motion Picture, Television and Entertainment Revitalization Act on September 24, 2026, proposing a 20% federal tax credit for film and TV production labor. The bill, which includes potential bonuses up to 30% for specific conditions, aims to reverse the exodus of production jobs to countries with more generous incentives. Supported by President Trump, major unions, and industry groups, the legislation seeks to make the U.S. competitive globally, with passage targeted for the lame-duck session after the November midterms.

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California Launches $10M Post-Production Tax Credit to Retain Hollywood Jobs
New York Post•1 month ago
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Dunlop CEO likens California's new tire mandate to failed high-speed rail project
California’s Energy Commission unanimously approved a first-of-its-kind rule requiring replacement tires to match the low rolling resistance of new car tires by 2033. While the state projects billions in fuel savings and significant emission reductions, tire executives warn of steep price hikes and supply shortages, comparing the untested mandate to the state’s over-budget high-speed rail project.

"Global Stakes in 2024: Democracy's Test in Elections and Economic Challenges"
The DealBook team highlights key themes for 2024, including a potential Trump-Biden election rematch, the role of CEOs and PACs in political funding, skepticism over ESG principles, the rise of private credit and potential defaults, media industry consolidation with possible Paramount sale, labor movement's trajectory, Middle Eastern investment in diverse sectors, antitrust battles led by regulators like Lina Khan, new climate disclosure rules from the SEC, India's pivotal elections, and the impact of AI on workplaces and misinformation. Additionally, the response to the war in Gaza is influencing corporate diversity and inclusion strategies.