Billionaires pay almost no tax. A global levy of just 2% could raise $250 billion
Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on Monday.
2023-10-23 18:48
Chinese drug firms backed by global banks found using leopards and pangolins parts, group says
Three top Chinese pharmaceutical companies, which are backed by top global banks, are using endangered animal parts in their medicines, according to an investigation by an environmental protection group.
2023-10-23 15:23
Ten, no more? Five questions for the ECB
By Dhara Ranasinghe, Stefano Rebaudo and Naomi Rovnick LONDON The European Central Bank has good reasons to hold
2023-10-23 15:19
University early decision applications mostly benefit rich kids
A college admissions program popular among the country's most selective universities may actually be skewed against lower-income applicants, college consultants and experts say.
2023-10-23 05:46
Web Summit CEO Paddy Cosgrave resigns after backlash to Israel-Hamas war comments
Paddy Cosgrave, the chief executive of Web Summit, stepped down Saturday after several Big Tech companies withdrew from the company's upcoming annual technology conference over his comments on the Israel-Hamas war.
2023-10-22 07:50
How toy and game companies are winning back their grown-up former customers
I was on vacation and hanging out quietly in the hotel room with my friend when, out of nowhere, she
2023-10-22 02:49
Shopping for an EV? There are some big discounts right now
Thanks to growing competition in the market, and some reticence from consumers, automakers and car dealers are offering huge discounts on electric vehicles, particularly luxury models.
2023-10-21 21:15
United Auto Workers president to striking workers: 'There's more to be won'
United Auto Workers union President Shawn Fain told members that all three automakers have now offered record contracts but that the union will continue its strike in a push for even better deals.
2023-10-21 05:46
Spirit Airlines cancels some Friday and Saturday flights for unspecified inspections
Spirit Airlines says its flight schedule could be impacted for days as it scrambles to perform "a necessary inspection of a small section of 25 of our aircraft."
2023-10-21 04:49
DeSantis allies ask Florida judge to throw out Disney's counterclaims in lawsuit
Appointees of Florida Gov. Ron DeSantis on the board of Walt Disney World's governing district are asking a state judge to dismiss Disney's counterclaims in a lawsuit
2023-10-21 02:27
Law & Order creator Dick Wolf implores UPenn president to quit
Dick Wolf, the creator of "Law & Order," wrote a letter to Liz Magill pleading with her to step down as president of the University of Pennsylvania.
2023-10-21 01:20
Israel's war with Hamas comes to corporate America
From ESG investing (Blackrock), to gay rights (Disney), to Donald Trump after the Capitol riots (mainstream corporate America), companies routinely take a stand. Sometimes, as with Nike and Colin Kaepernick, it helps their bottom line. Sometimes, it does the opposite — think Bud Light's support of transgender rights.
2023-10-20 22:55