The problems never end with the Oxford / AstraZeneca vaccine. After all the struggles over contracts and deliveries, the latest challenge is the one facing European regulators: whether to recommend that national …
Read More »Yellen pushes for a global minimum tax rate for multinational corporations
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 »China’s tech giants dive as delisting threat joins fears of repression
Tech giants of Tencent Holdings Ltd. a Alibaba Group Holding Ltd. took the plunge after US regulators revived threats to evict China’s largest corporations from US exchanges, compounding concerns of a growing …
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 »UK comes closer to limited financial Brexit deal with EU
Britain and the European Union are increasingly close to reaching a cooperation agreement on financial regulation later this month, a step that could help City of London businesses gain more access to …
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 …
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