States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel – Yahoo Finance
NEW YORK (AP) — States are hoping to reap more revenue from the $16 billion online sports betting industry that is expanding across the country in partnerships with major companies. DraftKings, FanDuel and other gambling apps face a larger tax burden in Illinois due to tax changes this year. New Jersey, Massachusetts and other states […]
Large apartment companies linked to rental fixing scheme continued to profit this year: Analysis
All six of the largest publicly traded apartment companies in the U.S. are said to be involved in the lease arrangement. Price Fixing Scandal An analysis by a left-leaning watchdog group showed gains rose in the first three months of the year. A Responsible America It was revealed exclusively to The Hill. The analysis said […]
Alleging links to forced labor, Republicans call for ban on companies tied to Ford, Volkswagen EVs
A group of Republican lawmakers this week urged the Biden administration to ban imports from two Chinese companies with ties to Ford and Volkswagen, respectively, arguing the battery companies are also linked to forced labor in China. in pair of letter In a report submitted to the Department of Homeland Security this week, Sen. Marco […]
Georgia lawmaker who claims she was silenced when she switched political parties spotlights social media companies’ censorship
(The Center Square) A Georgia lawmaker who claims she was silenced when she switched parties last year has convened a hearing to show social media companies can deplatform people for manipulating their messaging. Rep. Mesha Minor (R-Atlanta) said her call for a “First Amendment, free speech rally” at the Georgia Capitol was intended to demonstrate […]
Vermont becomes first state to require oil companies to pay for climate change damage
Vermont, under its Republican governor, Phil Scott, will become the first state in the nation to require oil companies to pay compensation for the effects of climate change. The new bill becomes law Without his signature. The state’s Climate Superfund law is modeled after the federal Superfund law and seeks to impose penalties for emissions […]
Vermont Becomes First State to Force Oil Companies to Pay for ‘Climate Change’
Vermont’s Republican governor allowed his state to become the first to require oil companies to pay “climate change related costs” without his signature, passing the bill despite his own hesitations about the policy. 259 yearsThe bill passed by Gov. Phil Scott (R) on Thursday would establish a method for assessing liability for greenhouse gas-related costs […]
Higher interest rates could cost US companies $380B in ‘slowly unfolding crisis’
Main Street Asset Management Chief Investment Officer Erin Gibbs and QI Research CEO Danielle DiMatino Booth join “Making Money” to discuss whether the Fed will raise interest rates this year. Companies across the U.S. are heading toward a new era of refinancing cliffs, with billions of dollars in potential losses. High Interest RatesThis is causing […]
U.S. Tariffs on China Help Rescue American Textile Companies from Ruin
The tariffs that the U.S. imposed on Chinese imports helped rescue a stranded textile industry in the U.S. that had been devastated by decades of free trade, along with mass layoffs of domestic textile workers. Joseph Ferrara, CEO of Ferrara Manufacturing, said tariffs on Chinese imports have helped revive his New York City, N.Y.-based manufacturing […]
EU’s new ESG rule affects American companies, social credit
The European Union has just given final approval to new ESG requirements that will affect companies around the world. While the rules directly target companies that sell $500 million worth of products, any company that does business with those companies, no matter how small, must comply with the new rules as well. Affected companies will […]
Chinese Companies Are Reportedly Camouflaging Themselves As US Brands To Dodge Gov’t Blacklist
The Wall Street Journal reported on Wednesday that many of the blacklisted Chinese companies are masquerading as American businesses to operate in the United States and avoid fines. The US government has taken several steps. crack under The sanctions are aimed at Chinese companies that have ties to the Chinese Communist Party and have been […]