Lemmy.org - Business
- arstechnica.com AT&T paid bribes to get two major pieces of legislation passed, US gov’t says
Payments helped AT&T obtain key legislative wins in Illinois, prosecutors say.
- www.businessinsider.com TikTok's CEO is feeling the pressure and users are freaking out
TikTok CEO Shou Chew promised to fight the US ban in court and urged users to speak out.
- ad.wiki From Passion to Profit: The Art of Making Money Blogging
Have you ever scrolled through your favorite blog, mesmerized by the stunning travel photography or mouthwatering food recipes, and wondered – how do they do it? How do these seemingly ordinary people turn their passions into seemingly effortless streams of income?
- abcnews.go.com Boeing CEO Dave Calhoun to step down
Dave Calhoun will continue to lead Boeing through year-end, the company said.
- www.bbc.com Israel's economy shrinks more than expected on Gaza war
Its gross domestic product contracted by far more than expected in the wake of the conflict with Gaza.
- www.theguardian.com Air Canada ordered to pay customer who was misled by airline’s chatbot
Company claimed its chatbot ‘was responsible for its own actions’ when giving wrong information about bereavement fare
- www.cnbc.com Companies — profitable or not — make 2024 the year of cost cuts
The largest U.S. companies are cutting jobs and reducing expenses as Americans pull back after a period of aggressive inflation.
- fortune.com 2 of the world’s biggest economies have slumped into recession
But the U.S. keeps defying gloomy expectations.
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Biden calls on snack companies to stop shrinkflation ahead of Super Bowl
www.cnn.com Biden calls on snack companies to stop shrinkflation ahead of Super Bowl | CNN BusinessJoe Biden doesn’t want corporate greed to eat into your Super Bowl snack spread.
- mazdak.com What Expenses Can You Write Off Against Your Business Income?
Taxes are an inevitable part of running a business, but that doesn't mean you have to pay more than your fair share. Fortunately, the law allows you to deduct certain expenses from your business income, lowering your taxable amount and saving you money. But navigating the world of business tax deduc...
- www.cnbc.com Powell insists the Fed will move carefully on rate cuts, with probably fewer than the market expects
Powell expressed confidence in the economy and said the pain he feared from rate hikes never really materialized.
- www.cnbc.com UPS announces 12,000 job cuts, says package volume slipped last quarter
UPS reported more than a 7% decrease in daily package volume in its fourth quarter earnings report Tuesday morning.
- www.pymnts.com Reddit Pushed by Investors to Seek $5 Billion IPO Valuation
Reddit’s potential investors reportedly want the company to seek a $5 billion IPO valuation. Reddit was reportedly planning to go public in March.
- www.cnbc.com The U.S. economy grew at blistering 3.3% pace in Q4 while inflation pulled back
GDP was expected to grow at a 2% annualized rate in the fourth quarter of 2023, according to economists surveyed by Dow Jones.
- news.bloombergtax.com IRS Aims at Sports Teams in Latest Push on Wealthy Taxpayers
Sports teams and their owners are being targeted by a new IRS campaign, as the agency ramps up its efforts to audit partnerships using an infusion of funds from the 2022 tax-and-climate law.
- www.theverge.com eBay will lay off 1,000 employees — 9 percent of the company
It’ll scale back contract workers, too.
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How Long (and Why) You Must Keep Every Business Record
mazdak.com How Long (and Why) You Must Keep Every Business Record 🇨🇦Every business, from the corner store to the tech giant, needs to keep accurate and reliable records. This isn't just about staying organized; it's about complying with the law, managing your finances, and protecting yourself from audits. But with so many rules and regulations, it can be tough to kn...
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FTC bans TurboTax from advertising ‘free’ services, calls it deceptive
www.cnn.com FTC bans TurboTax from advertising ‘free’ services, calls it deceptive | CNN BusinessThe Federal Trade Commission ruled in a final order and opinion Monday that TurboTax, the popular tax filing software, engaged in deceptive advertising and banned the company from advertising its services for free unless it is free for all customers.
- mazdak.com Choosing the Optimal Legal Structure for Your Small Business 🇨🇦
Launching a small business is a thrilling entrepreneurial adventure, but selecting the appropriate legal framework can feel like traversing a complex maze. This guide sheds light on the merits and drawbacks of the three primary options: sole proprietorship, partnership, and incorporation,
- www.businessinsider.com Bill Gates thinks super-wealthy should pay more tax — and he's not alone
Bill Gates told the World Economic Forum that countries, companies and individuals who have the most "should be pushed to be more generous."
- www.theguardian.com Cryptocurrency like Beanie Babies, says Coinbase in US regulator’s lawsuit
The Securities and Exchange Commission has alleged the crypto exchange is flouting rules and selling unregistered securities
- english.elpais.com Argentina’s annual inflation soars to 211.4%, the highest in the world
The data reflects the strong impact of a series of shock measures, including a 50% devaluation of the nation’s currency, implemented by right-wing President Javier Milei
- www.wired.com CES 2024 in Photos: The Year AI Ate Vegas
WIRED photographer Alex Welsh captures the madness, glory, and techno-idealism of the consumer gadget extravaganza.
- abc7.com IRS says it collected $360 million more from rich tax cheats as its funding is threatened yet again
The IRS says it has collected an additional $360 million in overdue taxes from delinquent millionaires.
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Citigroup to cut 20,000 employees
www.cnn.com Citigroup to cut 20,000 employees | CNN BusinessCitigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023, its worst quarter in 15 years.
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Hertz is selling 1/3 of its electric cars to buy gas cars instead
www.cnn.com Hertz is selling 1/3 of its electric cars to buy gas cars instead | CNN BusinessHertz, which has made a big push into electric vehicles in recent years, has decided its time to cut back. The company will sell off 20,000 electric vehicles and use the money they bring to purchase more gasoline powered vehicles.
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As Disney pushes toward streaming profitability, Pixar to undergo layoffs in 2024
techcrunch.com As Disney pushes toward streaming profitability, Pixar to undergo layoffs in 2024 | TechCrunchDisney-owned animation studio Pixar is poised to undergo layoffs this year, TechCrunch has learned and the company confirmed. While sources at the company
- www.cnbc.com Bitcoin ETFs begin trading on U.S. exchanges
Investors and financial advisors will be watching closely to see not only how the bitcoin ETFs perform, but also how well they track the price of bitcoin.
- www.bbc.com US business leaders are pushing back against years of corporate diversity efforts
Diversity, equity and inclusion policies have become the norm at many companies. As some notable corporate leaders reject the approach, is a DEI backlash brewing?
- finance.yahoo.com Tesla boosts pay for U.S. factory workers as UAW momentum builds
Tesla Inc. notified workers at its California car plant of pay increases across its U.S. factories, the latest bump by a nonunion automaker the United Auto Workers is trying to organize.
- www.cnbc.com Google cuts hundreds of jobs across engineering, hardware teams
Google cut several hundred jobs across the company late Wednesday across engineering and hardware teams.
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Tiger Woods breaks up with Nike
edition.cnn.com Tiger Woods breaks up with Nike | CNN BusinessTiger Woods has broken up with Nike after a protracted 27-year collaboration with the world’s largest sportwear company, the golf legend announced on Monday.
- www.wired.com 23andMe Blames Users for Recent Data Breach as It's Hit With Dozens of Lawsuits
Plus: Russia hacks surveillance cameras as new details emerge of its attack on a Ukrainian telecom, a Google contractor pays for videos of kids to train AI, and more.
- www.spokesman.com Boeing wants FAA to exempt Max 7 from safety rules to get it in the air
Little noticed, days before the holiday break, Boeing petitioned the Federal Aviation Administration for an exemption from key safety standards for the 737 Max 7 — the still-uncertified smallest member of its newest jet family.
- www.cnbc.com Alaska Airlines grounds Boeing 737 Max 9 fleet after section blows out midair
Alaska Airlines will temporarily ground its fleet of 65 Boeing 737 Max 9 aircraft after a cabin panel blowout forced a jetliner to make an emergency landing.
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Pepsi and Lay’s pulled from supermarket shelves in Europe over price increases
www.cnn.com Pepsi and Lay’s pulled from supermarket shelves in Europe over price increases | CNN BusinessCarrefour, one of France’s biggest supermarket chains, will stop selling PepsiCo products because they have become too expensive, in the latest clash between retailers and their suppliers over prices.
- www.cnbc.com Microsoft, OpenAI sued for copyright infringement by non-fiction book authors in class action claim
The new copyright infringement lawsuit against Microsoft and OpenAI comes a week after The New York Times filed a similer complaint in New York.
- www.cnbc.com Here’s where the jobs are for December 2023 — in one chart
Hiring for government jobs and health care led the gains to close out 2023.
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Tesla recalls over 1.6 million EVs in China for autopilot, lock issues: See the models
www.usatoday.com Latest World & National News & Headlines - USATODAY.comUSA TODAY delivers current national and local news, sports, entertainment, finance, technology, and more through award-winning journalism, photos, and videos.
- www.bloomberg.com Huawei Teardown Shows 5nm Laptop Chip Made in Taiwan, Not China
Huawei Technologies Co.’s newest laptop runs on a chip made by Taiwan Semiconductor Manufacturing Co., a teardown of the device showed, quashing talk of another Chinese technological breakthrough.