Jeff Bezos, owner of Blue Origin, introduces a new lunar landing module called Blue Moon during an event at the Washington Convention Center, May 9, 2019 in Washington, DC. Mark Wilson | Getty Images Jeff Bezos flew to space late last month, but his company has lost top talent since the billionaire space founder came
Month: August 2021
Getty Images The enhanced child tax credit captured America’s attention this summer as millions of families began receiving payments. But Congress also boosted a lesser-known write-off this year for working families: the child and dependent care tax credit. Often conflated with the child tax credit, the child and dependent care tax credit offers working parents
In the news: “Disgraced Gov. Cuomo files for $50K pension ahead of delayed resignation.” According to the New York Post, “Disgraced Gov. Andrew Cuomo filed retirement papers with the state to receive a $50,000 annual lifetime pension — just days before his resignation takes effect over his sexual harassment scandal. “’The governor just filed his application for service retirement.
In the second of a two-episode series, Tax Notes contributing editor Marie Sapirie interviews Shuting Pomerleau, a climate policy analyst at the Niskanen Center, about her views on a carbon tax. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This
John Lund | Photodisc | Getty Images Alyssa, a marketing and communications assistant in New York, loves working from home. “You can wear what you want, run a quick errand,” said Alyssa, 22, who asked to use her first name only because she was discussing her job. “It’s just more comfortable.” She was hired remotely
The life sciences side of commercial real estate has been a flourishing asset class for a number of years. The pandemic has only served to solidify its stronghold within the commercial real estate sector. According to Newmark’s “2021 Mid-Year Life Science Overview & Market Clusters” report, venture capital firms accelerated their investments in life science
In this article SPOT BMW-DE SSAB.A-SE Steel production is one of many industrial processes ripe for improvement when it comes to emissions. Henrik Kettunen | Bloomberg | Getty Images Sweden’s SSAB says it has “produced the world’s first fossil-free steel” and has started delivering it to the Volvo Group, its first customer. The news represents
In this article BBWI VSCO Shoppers pass in front of a Victoria’s Secret store at a mall in San Diego, California, April 22, 2021. Bing Guan | Bloomberg | Getty Images Shares of Victoria’s Secret are tumbling while those of Bath & Body Works are on the rise after the two retailers reported their respective
Stock futures were little changed Thursday after a choppy regular trading session ended with the S&P 500 slightly in the green. Futures on the S&P 500 were just under the flatline. Dow Jones Industrial Average futures shed 3 points. Nasdaq 100 futures traded at the flatline. The S&P 500 snapped a two-day losing streak in
When Ken McElroy decided to go to Belize after a business trip to Miami last June, he wasn’t worried about contracting Covid-19, he said. The real estate investment company CEO was flying privately to both places — plus, he’s vaccinated. “I was like, there’s no way I’ll get it,” he told CNBC. His fiancee, Danille
In this article HOOD Newly public stock trading app Robinhood is not looking to do a secondary offering to take advantage of its retail investor-driven share price rise, according to the company’s chief financial officer. “It doesn’t resonate with me to call Robinhood a meme stock,” Robinhood CFO Jason Warnick told CNBC’s Kate Rooney on “Squawk
The cost of a college education continues to soar with no end in sight. College tuition rises at more than twice the rate of inflation, growing by about 8% per year, on average. At this rate, the cost of a college education will double every nine years. This has many parents understandably concerned about paying
Every year since 2015 the IRS Security Summit has held a campaign to raise awareness among taxpayers and tax practitioners of the most common threats to information security. The 2021 campaign just ended and featured information on protecting taxpayers and tax practices from pandemic-related tax scams, protecting tax data at home and at work (including
Treasury Secretary Janet Yellen answers questions during a Senate Appropriations Subcommittee hearing on June 23, 2021. Greg Nash-Pool/Getty Images) States can pay benefits to the unemployed past a looming Sept. 6 expiration date using pandemic funds that Congress previously allocated to state and local governments, Labor and Treasury Department officials said Thursday. The American Rescue
With the second season of The Hills: New Beginnings recently coming to a close, it’s been a very busy time for Jason and Ashley Wahler, especially with the arrival of their baby boy, Wyatt Ragel, who was born on June 16th, 2021. Although he was busy making his television debut on the last episode, he’s
Theoretical physicist Michio Kaku lauded a recent nuclear fusion experiment at Lawrence Livermore National Laboratory. “This is a giant step toward the holy grail of energy research,” said Kaku, professor of theoretical physics at the City College and City University of New York. “To hit break-even, to extract more energy than you put in, and
In this article M Shoppers visit Macy’s flagship store in New York, May 20, 2021. Eduardo Munoz | Reuters Macy’s on Thursday reported fiscal second-quarter profit and revenue that topped analysts’ estimates, as customers returned to its stores to buy denim, luggage and new dresses. The department store chain also hiked its outlook for 2021,
An illustration showing physical bitcoins alongside binary code displayed on a laptop. Jakub Porzycki | NurPhoto via Getty Images Japanese cryptocurrency exchange Liquid said Thursday it has been hit by a cyberattack that saw hackers make off with a reported $97 million worth of digital coins. Liquid said some of its digital currency wallets had been “compromised,”
Billionaire venture capitalist Chris Sacca has a message for anyone who will listen: “The climate is f—ed. Even worse than it seems,” he said in a 12-page letter to potential investors, obtained by Axios on Monday. Sacca’s climate-focused firm Lowercarbon Capital announced a new capital raise of $800 million on Thursday, which Sacca said will
In this article SCHW A pedestrian passes in front of a Charles Schwab Corp. bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Brokerage Charles Schwab is giving most of its employees a special 5% pay raise as record stock market levels propel the industry’s earnings. CEO Walt Bettinger said Thursday
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