Month: July 2020

An employee prepares a burrito bowl at a Chipotle Mexican Grill Inc. restaurant in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday reported quarterly adjusted earnings that were down 90% from the year-ago period as dining room closures hit business and dented operating margins. But many customers moved to order
0 Comments
In part three of our three-part series: Paying for the Pandemic, Kimberly Clausing, professor of economics at Reed College, and Robert Goulder, Tax Notes International contributing editor, discuss the role of business taxation in economic recovery. Here are a few highlights . . . On government pandemic loans and grants for businesses Kimberly Clausing: We need to distinguish
0 Comments
Bill Gates addresses a virtual Covid-19 conference hosted by the International Aids Society. July 11, 2020 International Aids Society Handout Billionaire Bill Gates on Wednesday denied conspiracy theories that accuse the tech mogul and philanthropist of wanting to use coronavirus vaccines to implant tracking devices in people.  Gates, whose foundation has donated millions to coronavirus
0 Comments
Satya Nadella, chief executive officer of Microsoft Corp., listens during an interview on The David Rubenstein Show in New York on Sept. 27, 2017. Christopher Goodney | Bloomberg | Getty Images Microsoft will report its fiscal fourth-quarter earnings after market close on Wednesday. Here are Wall Street’s expectations for Microsoft: Earnings: $1.34 per share, adjusted, as
0 Comments
Markus Braun, chief executive officer of Wirecard AG, arrives for the company’s annual news conference in the Aschheim district of Munich, Germany, on Tuesday, April 25, 2019. Michaela Handrek-Rehle | Bloomberg via Getty Images The former CEO of collapsed German payments company Wirecard, Markus Braun, has been rearrested in Munich, prosecutors in the Bavarian capital said
0 Comments
Amid the pandemic, the number of consumers requesting airline refunds has reached new heights. In fact, the Department of Transportation has received “an unprecedented volume of complaints from passengers” regarding airline refunds during this time, CNBC reported.  And on CNBC’s new web series ”Got a Money Dispute? Ask Kevin,” host Kevin O’Leary says arguments over travel refunds are “one
0 Comments
Your state pension is being robbed. Worse still, nobody wants you to know about it. Getty Expert forensic investigations reveal stealing from state pensions may be rampant, undermining the retirement security of workers. That’s an inconvenient truth that neither the inexperienced board overseeing your pension nor the Wall Streeters robbing it want you to know.
0 Comments