WASHINGTON – Treasury Secretary Janet Yellen advocated for a global minimum corporate tax rate on Monday, seeking the international cooperation that is crucial to fund the administration’s $ 2.3 trillion infrastructure proposal. …
Read More »New York lawmakers move closer to a budget deal to increase corporate revenue and taxes by $ 4.3 billion
ALBANY, NY – New York Governor Andrew Cuomo and state lawmakers are closing in on a budget deal that would raise corporate and income taxes by $ 4.3 billion a year and …
Read More »Some Democrats agree with Biden’s plan to increase the corporate tax rate
WASHINGTON – President Biden’s proposed tax increases on corporations as part of a $ 2.3 trillion infrastructure plan has sparked a skeptical reaction from some Democrats, who instead favor borrowing money to …
Read More »NASA’s Ingenuity Mars Helicopter Prepares for First Historic Flight into Another World
In a ruined crater on Mars, a tiny helicopter with a smartphone brain is now days away from attempting the first powered flight on another world. NASA hopes its lanky robot helicopter, …
Read More »H&M summoned by Chinese authorities over mapping problem
Chinese authorities summoned Hennes & Mauritz AB for what they said was incorrect mapping on H & M’s website, adding pressure on the Swedish clothing brand as it faces ire from social …
Read More »The consequences of AstraZeneca Data Snafu could be bigger than it seems
AstraZeneca’s vaccine data flap is unlikely to cost the company much, at least in the short term. Wall Street should pay close attention anyway. US officials said they were told that AstraZeneca …
Read More »Capitalism is what will defeat Covid
Here is the paradox of this pandemic moment: Big corporations are political villains, ridiculed by the left and the right. However, the main, and perhaps only, reason why the scourge of Covid-19 …
Read More »Justice Department Investigates Visa Debit Card Practices
The Justice Department is investigating whether Visa Inc. V -5.08% is engaging in anti-competitive practices in the debit card market, according to people familiar with the matter. The department’s antitrust division has …
Read More »United’s recent engine failure spooked Denver. It has happened before.
When the engine cover of a Boeing 777 broke and pieces rained down in a Denver suburb on February 20, the news sounded familiar to Christopher Behnam. In February 2018, the 777 …
Read More »Boeing faces a new obstacle in the delivery of Dreamliners
Federal aviation safety regulators have stripped Boeing Co. licensed in letters 3.28% authority to inspect and approve several newly produced 787 Dreamliners, as part of increased scrutiny of production issues that have …
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