Money latest: Blow for hopes of June interest rate cut The OECD anticipates inflation will be "elevated" at 3.3% in 2024 and 2.5% in 2025 - above the Bank of England's 2% target. No base rate cut will come until at least August, they say. Read this and ... 05/1/2024 - 11:42 pm | View Link
Another popular fast-food chain closes after filing bankruptcy The fast-food restaurant segment has struggled to recover from the fallout from the the Covid-19 pandemic, leading several restaurant chains to file for bankruptcy. Taco Bell and Chipotle rival ... 05/1/2024 - 2:13 pm | View Link
In bankruptcy, Giuliani set a $43,000 monthly budget. Creditors are skeptical President Trump's former lawyer promised a bankruptcy court that he would limit his spending, but it didn’t take long before he broke that pledge, and by a lot. 05/1/2024 - 11:13 am | View Link
Johnson & Johnson Launches $6.48B Bankruptcy Plan to Resolve Talc Lawsuits Wednesday's proposed plan immediately got pushback from lawyers representing ovarian cancer victims: This is not a done deal, Beasley Allen's Andy Birchfield told Law.com. There is substantial ... 05/1/2024 - 8:12 am | View Link
J&J Offers $6.5 Billion for Talc Lawsuits Ahead of Third Bankruptcy Filing The healthcare-products company plans to file a third bankruptcy case to resolve talc-related liabilities if enough injury claimants accept its offer first. 05/1/2024 - 6:42 am | View Link
Recently, President Joe Biden issued his 2025 proposed budget, the U. S. Department of the Treasury provided its “Green Book” explanations of these proposals, and House Republicans advanced a concurrent resolution for the 2025 congressional budget. It is uncertain any portion of these proposals will become bills, but they provide insight into priorities and a preview of what we will see in debates this year.
Within the proposed budget — and, therefore, the commentary within the related Green…
Tax legislation will be a hot topic for individuals and entities in the health care industry during the upcoming election. While future legislation may be unpredictable, several provisions of the Tax Cuts and Jobs Act (TCJA) will sunset on Dec. 31, 2025, unless they are extended or made permanent by legislation.
Sunoco's multibillion-dollar deal to buy pipeline operator NuStar Energy has taken a big step forward, after shareholders in the latter voted in favor of the deal.