Browsing Category:Business

the-u-s-is-losing-1-trillion-annually-to-tax-cheats
Here’s what you need to know:Charles Rettig, the commissioner of the Internal Revenue Service, said during a Senate Finance Committee hearing that the agency lacks the resources to go after tax cheats.Credit...Anna Moneymaker for The New York TimesThe United States is losing approximately $1 trillion in unpaid taxes every year, Charles Rettig, the Internal Revenue Service commissioner, estimated on...
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fda-advises-pausing-jj-covid-vaccine-after-blood-clotting-issue-affects-6-women-kills-1
The Food and Drug Administration on Tuesday called on states to temporarily stop using Johnson & Johnson's Covid-19 vaccine "out of caution" after six women in the US developed a rare blood clotting disorder in which one woman was dead and one the other critical was a condition."Right now, these adverse events seem extremely rare," the FDA said in...
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bitcoin-hits-new-all-time-high-above-63000-ahead-of-coinbase-debut
The Coinbase application for exchanging cryptocurrencies that appears on the screen of an iPhone.Getty ImagesBitcoin hit a new record high of more than $ 63,000 on Tuesday as investors awaited the highly anticipated debut of the Coinbase cryptocurrency exchange.Bitcoin price soared to $ 63,236, according to data from Coin Metrics, before falling slightly to $ 62,877. It was...
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alibaba-shares-jump-after-china-orders-ant-group-to-revamp-business
An Ant Group logo is pictured at the company's headquarters, a subsidiary of Alibaba, in Hangzhou, Zhejiang Province, China, on October 29, 2020.Aly Song | ReutersGUANGZHOU, China - Alibaba shares in Hong Kong rose nearly 4% on Tuesday when it opened after regulators ordered the e-commerce giant's financial technology subsidiary Ant Group to overhaul its business.Along with a...
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darpa-nuclear-spacecraft-lockheed-bezos-blue-origin-general-atomics
An artist's impression of a DRACO spacecraft.DARPAThe Pentagon's research and development division on Monday hired three companies to build and demonstrate a nuclear propulsion system on a spacecraft in orbit by 2025.General Atomics, Lockheed Martin, and Jeff Bezos' space company Blue Origin received the Defense Advanced Research Projects Agency (DARPA) award under the Agency for Agile Cislunar Operations (DRACO)...
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tesla-nuance-communications-uber-and-more
A Tesla logo on a Model S is photographed at a Tesla dealer in New York.Lucas Jackson | ReutersCheck out the companies that are making headlines in mid-day trading.Tesla - Tesla's shares fell 3.7% after Canaccord Genuity upgraded the stock to buy, citing Tesla's battery innovations. Canaccord also raised its 12-month price target for Tesla from $...
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alibabas-big-antitrust-fine-is-a-warning-shot
Peking zieht die Schrauben festAm Wochenende verhängten chinesische Beamte gegen Alibaba eine Geldstrafe von 2,8 Milliarden US-Dollar wegen Verstößen gegen das Kartellrecht. Es war die bisher größte Strafe, als die chinesische Regierung das Geschäftsimperium von Jack Ma unter die Lupe nahm - und es war eine Warnung für die anderen Internetgiganten des Landes.Die Geldbuße war mit Alibabas Sperrung...
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