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 »The IRS wants to know everything about your Bitcoin holdings, and this subpoena is a reminder
The IRS wants Circle, a Boston-based fintech company that enables trading of various types of cryptocurrencies, to produce account registration information, account activity records, and other materials for clients who had at …
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 »SEC tells BlackBerry to stop using non-GAAP revenue metric that was first highlighted by MarketWatch
BlackBerry Ltd. agreed to stop adjusting its income, an issue highlighted by MarketWatch in the past, after receiving a comment letter from the Securities and Exchange Commission questioning the practice. The cybersecurity …
Read More »Tesla must rehire fired worker and Elon Musk must remove anti-union tweet, NLRB rules
On Thursday, the National Labor Relations Board ordered Tesla Inc. to reinstate an employee it fired in 2017 and said Chief Executive Elon Musk must delete a three-year-old tweet urging not to …
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 »Bitcoin, crypto investors will be on the lookout for these 5 questions facing the Biden administration
The stock market recovery from last year’s COVID-driven slide is testament to the unprecedented level of federal stimulus injected into the economy over the past twelve months, but few asset classes have …
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