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Business owner donates company to trust for charity
Last month, Eddie Smith, the owner of Grady-White Boats in Greenville, North Carolina, made waves when he announced that he was pledging nearly all his company's future profits to charity. Instead of selling Grady-White, Smith chose to gift it to a perpetual purpose trust that will distribute profits to causes. Liz Landers spoke with him about the decision and why he hopes others will follow suit.
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Thursday on the NewsHour, rapidly increasing infection rates from the omicron variant in the U.S. prompt more COVID concerns.
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Wednesday on the NewsHour, the Federal Reserve signals an increase in interest rates as inflation rises.
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Tuesday on the NewsHour, President Joe Biden taps the strategic oil reserve to try to ease gas prices as millions of Americans travel for the holidays.
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Friday on the NewsHour, Kyle Rittenhouse is cleared on all charges in a case that sparked national debate over racial injustice, guns and self-defense.
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Thursday on the NewsHour, the House of Representatives is on the verge of passing the president's Build Back Better bill.
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Monday on the NewsHour, President Joe Biden signs his $1 trillion bipartisan infrastructure bill into law as the future of the rest of his agenda remains in doubt.
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Friday on the NewsHour, negotiations go down to the wire at the global climate summit but meaningful agreements remain elusive.