Tesla Netflix and Many Other Big Companies Pay More to Executives Than They Do in Taxes Its Time to Rein Them in
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Nvidia jumps more than 15% this week. A key reason: what other companies are saying
A week ago, Nvidia had its third-worst day on record. Those losses have now been completely erased and then some.CNBC - Business -
Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Tech - Netflix -
German and Spanish ministers among those to demand rich pay more tax
Yahoo News - World - Germany -
IRS free tax filing pilot processed more than 140,000 returns, saved consumers $5.6 million in prep fees
This season, the IRS Direct File pilot helped more than 140,000 million taxpayers file taxes for free and saved $5.6 million in tax prep fees.CNBC - Business -
Many think Trump being treated differently than other criminal defendants: Poll
A majority of Americans believe former President Trump is being treated differently than most criminal defendants in his hush money case, according to a new CNN poll. Trump’s hush money trial began last Monday, marking the first criminal trial of ...The Hill - Politics - Donald Trump -
U.S. Regulators Tie Tesla's Autopilot to More Than a Dozen Fatalities, Hundreds of Crashes
The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.The Wall Street Journal - World -
U.S. Regulators Tie Tesla's Autopilot to More Than a Dozen Fatalities, Hundreds of Crashes
The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology.The Wall Street Journal - Business -
Snap’s 2024 plans are showing signs of paying off, and shares soar 25%
Shares of Snap Inc. rocketed higher after hours on Thursday after the social-media platform forecast second-quarter sales that were better than expected, as it attracts more users and tries to strengthen its advertising business.MarketWatch - Business -
More Bad News for the Fed: Its Favorite Inflation Gauge Increased More Than Expected in March
The PCE price index surged last month, putting the rate cut hopes of entrepreneurs on ice.Inc. - Business -
USA Track & Field expands its maternity policy to give athletes more time to work their way back
USA Track & Field unveiled a program Thursday that expands an existing maternity support system to give athletes more time to returnABC News - Sports -
Tesla's Big Rally Drives the Nasdaq Higher
U.S. stocks have rebounded in recent days, after notching their worst week in more than a year.The Wall Street Journal - World -
Tesla’s Earnings Highlight the Company’s Biggest Problem. It’s a Cautionary Tale for Every Leader
Be careful making promises you might not be able to keep.Inc. - Business -
The IRS declared its foray into online tax preparation a success and is considering expansions.
The IRS declared its foray into online tax preparation a success and is considering expansions.The Wall Street Journal - World -
World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
Brazil, Germany, Spain and South Africa sign motion for fairer tax system to deliver £250bn a year extra to fight poverty and climate crisis. ‘Why we need a global tax on billionaires’. . . The world’s 3,000 billionaires should pay a minimum 2% ...The Guardian - World -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Many Americans retire far earlier than expected — and not by choice
About 7 in 10 retirees stop working before they turned 65. For many of them, it was for reasons beyond their control.CBS News - Top stories -
US probes whether Tesla Autopilot recall did enough to make sure drivers pay attention
The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the roadABC News - Top stories -
IRS calls its free Direct File tax-prep tool a success. Will it be back in 2025?
The IRS’s Direct File platform prepared federal income-tax returns for nearly 141,000 households, exceeding officials’ goal of handling 100,000 returns.MarketWatch - Business -
That sinking feeling: why long-suffering Venice is quite right to make tourists pay | Simon Jenkins
The overcrowded city is leading the way with a tax on day trippers. Surely other great European destinations should follow suit. Venice has had enough. It is sinking beneath the twin assaults of tourism and the sea and believes the answer lies in ...The Guardian - World -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Buying a home is more expensive than ever
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story It's more expensive than ever to buy a home A new report from real estate company Redfin found that the median home price has hit a record high in ...The Hill - Politics -
Michigan's QB battle among many in Big Ten that started in spring and will ramp up again in the fall
Big Ten quarterback competitions that started in the spring will carry over to the fallABC News - Sports -
The timing may be just right to buy Nvidia or other semiconductor stocks
So far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in April. Meanwhile, shares of industry star Nvidia Inc. have declined 12% this month.MarketWatch - Business -
Anne Heche’s son says her estate cannot pay its debt of over $6 million
Anne Heche’s son said her estate is unable to pay its debts following her 2022 death after the fiery crash of her car into a Los Angeles home.NBC News - Top stories -
'You LOVE to see it': Robert Griffin III, Johnny Manziel, many others congratulate Reggie Bush on Heisman
So many people were happy to see Bush get his Heisman back.Yahoo Sports - Sports -
Mega draft cheat sheet: Kiper’s Big Board, mock drafts and more
Who are the top prospects? What is the pick order? And what will happen in Round 1? We have you covered.ESPN - Sports -
The EU will probe whether China is unfairly denying companies access to its medical devices market
The European Union says it will investigate whether China is using unfair methods to deprive companies in Europe of access to its market for medical devicesABC News - Health - China -
Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy
Thrasio, an early leader in the Amazon aggregator space, is undergoing an overhaul of its C-Suite two months after the company entered bankruptcy.CNBC - Business -
White Sox's latest loss puts Chicago in miserable company with just three other teams in MLB history
The White Sox have lost 22 games in their first 25 outings of the 2024 seasonCBS Sports - Sports - MLB -
Snap shares rocket 28% after company reports unexpected profit, better-than-expected revenue
Snap shares soared on Friday after the company provided uplifting results, suggesting its online ad business is getting back on track.CNBC - Business -
Review: 'The Feeling That the Time for Doing Something Has Passed' announces an exciting new voice
Much is just out of reach in Joanna Arnow’s shrewdly perceptive and very funny new film, “The Feeling That the Time for Doing Something Has Passed.”ABC News - Entertainment -
Xavi’s Barça U-turn shows breaking up is hard to do despite tough times
Announcement was no shock but reflects environment shift at club and an appetite to find stability after a dismal week. Being the Barcelona manager is “cruel and unpleasant” Xavi Hernández said, but in the end it is all he ever wanted, all he has ...The Guardian - World -
Digested week: Trump’s McDonald’s bill is big, but its prices have ballooned | Emma Brockes
‘Coastal elites’ feel the pinch of fast-food price hikes too. Plus: Liz Truss bars Guardian journalists from book launch. Lol. Donald Trump’s appearance in criminal court on Monday has raised many questions, constitutional and otherwise, but on ...The Guardian - World -
Meta's big, expensive AI bet hinges on giving its models away for free
Meta is spending big on artificial intelligence — only to offer its latest advanced AI models to the public for free.NBC News - Top stories -
Starbucks Is Making a Big Change That Will Make Some People Very Happy (and Others Not So Much)
With more than 36,000 stores in 84 markets worldwide, when Starbucks makes a change, it has a tremendous impact.Inc. - Business -
Nurse who stole more than £100k from patients jailed
He forged the signature of an elderly woman who was incapable of holding a pen, say police.BBC News - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
More than just a bowl of noodles, ramen in Japan is an experience and a tourist attraction
Spicy, steaming, slurpy, ramen might be everyone’s favorite Japanese foodABC News - World - Japan