On Marijuana Tax, Colorado Asks: What’s Too High? If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
Senate planning vote on Internet sales tax bill The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More
Where do more tax cheats live? South and West, IRS study shows Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. More
Billionaire John Paulson is ON FIRE. And Not in a Good Way. Billionaire hedge fund manager ... in trust funds for their children and other family members and that his wife was well aware of that decision. Despite his busy legal calendar, Paulson found ... 04/18/2024 - 7:52 pm | View Link
Hibs board's clear message to manager as billionaire investor leads review But the manager will be given a chance to prove himself as part of a wide-ranging review of football operations – despite his team’s plunge into the bottom six being branded “unacceptable ... 04/17/2024 - 8:31 am | View Link
Hedge fund billionaire Ken Griffin's $2.5M donation fuels Mike Rogers super PAC A $2.5 million donation from hedge fund billionaire Ken Griffin fueled ... one of the biggest hedge funds in the country. He also is a major Republican donor whose support, should it continue ... 04/16/2024 - 4:10 am | View Link
Hedge fund billionaire says US debt 'is a growing concern that cannot be overlooked' Citadel founder and CEO Ken Griffin sounded the alarm about the growing U.S. national debt in his annual letter to investors in his hedge fund that was ... increases in tax revenue relative ... 04/2/2024 - 12:20 pm | View Link
Chase CEO Jamie Dimon and billionaire hedge fund founder Ray Dalio admit they got warnings on US economy wrong — for now Chase CEO Jamie Dimon and billionaire hedge-fund founder Ray Dalio appear to be hedging on their doom-and-gloom predictions for the US economy after warning for some time that a recession was ... 03/9/2024 - 12:37 pm | View Link
“It’s like you’re at the halfway mark, staring down deadlines but the weekend’s still too far off to feel any relief.”
Wednesday, affectionately known as “Hump Day,” seems like a positive milestone during the week. You’re halfway to the weekend, right? But could this seemingly innocuous day be more stressful than a Monday?
A new bill would prevent Clear customers from jumping to the front of the queue at security checkpoints. But Delta, United, and other carriers aren’t on board.
California could become the first state to transform backlash to services offering front-of-queue privileges into a law that targets TSA line-jumpers.
Buried in the earnings release, Tesla did something it doesn’t typically do: It gave investors some firm dates on near-term plans.
There’s very little good news in Tesla’s Q1 earnings. Earnings per share and revenues both missed analyst expectations. Vehicle deliveries were at their lowest level since the third quarter of 2022.
Employees and suppliers were left blindsided after the Chicago-based grocery startups, which recently merged, abruptly shut down and laid off workers.
Foxtrot and Dom’s Kitchen & Market, two popular Chicago-based grocery startups, abruptly ceased operations on Tuesday. The news comes five months after the two businesses announced they were merging into one entity, Outfox Hospitality.
The Traffic Coordination System for Space is designed to rely on minimal government infrastructure and will run on the AWS cloud.
Government IT projects are known for being challenging, and one of the biggest currently underway is the U. S. effort to forge a civil space traffic coordination platform.
By TOM KRISHER and DAVID HAMILTON (AP Business Writers)
Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles.
The Austin, Texas, company said it made $1.13 billion from January through March compared with $2.51 billion in the same period a year ago.
Investors and analysts were looking for some sign that Tesla will take steps to stem its stock’s slide this year and grow sales.