CNN’s revenue dropped roughly $400 million in three years: court records
CNN's revenue totaled about $400 million over three years, according to financial metrics shared in the network's defamation trial on Friday. During the lawsuit, which concluded Friday with $5 million in damages awarded to Navy veteran Zachary Young, a forensic economist said the network that challenged the ratings would earn about $2.2 billion in 2021 […]
Morgan Stanley shares pop as dealmaking drives record revenue
Morgan Stanley's fourth-quarter profit more than doubled on the back of a wave of deal deals and stock sales, and revenue hit a new full-year record. The results capped a strong quarter for Wall Street banks, which benefited from a surge in mergers and acquisitions due to a strong U.S. economy, lower interest rates and […]
Trump plans ‘External Revenue Service’ for tariffs paid by US importers
Former Congressional Budget Office Director Doug Holtz-Eakin explains the impact of tariffs on Canada's economy and shares his thoughts on President-elect Trump's agenda and the Speaker's vote. President-elect Trump on Tuesday announced plans to create a new “External Revenue Service” tasked with collecting customs revenue, but economists pushed back, saying the agency that would bear […]
Meta fact-checkers set to lose revenue after Zuckerberg cancels contracts
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Trump Says He Will Create ‘External Revenue Service’ To Collect Revenue From Foreign Sources
RICHMOND, VA – MARCH 2: Republican presidential candidate and former President Donald Trump speaks at the Get Out the Vote rally on March 2, 2024 in Richmond, Virginia. Sixteen states, including Virginia, are scheduled to vote during Super Tuesday on March 5. (Photo by Win McNamee/Getty Images) OAN Staff Avril Elfie 6:07pm – Tuesday, January […]
Trump announces creation of External Revenue Service — here’s what new agency will collect
President-elect Donald Trump announced on Tuesday that upon his return to the White House, he would create the Bureau of Foreign Revenue, which would collect all foreign revenue, including tariffs. “For too long, we have relied on using the Internal Revenue Service (IRS) to tax our greats. Through soft and pathetically weak trade agreements, the […]
Trump says he’s creating ‘External Revenue Service’ for tariffs
President-elect Trump said Tuesday that he wants to create an “Internal Revenue Service” that would collect customs duties and other revenue from foreign countries, similar to the Internal Revenue Service (IRS), which collects taxes from Americans. “For too long, we have relied on using the Internal Revenue Service (IRS) to tax the greats. Through soft […]
Usual Protocol to activate ‘revenue switch’ after USD0++ depegs – Cointelegraph
Decentralized finance (DeFi) stablecoin issuer Usual Protocol responded to community backlash on Friday, January 11 after its staked stablecoin USD0++ was sharply pegged from $1. . On January 9, USD0++ fell to $0.89 and then reached $0.92 following the introduction of a new price floor mechanism and exit option. The protocol's team has now introduced […]
Florida DEI leader sees revenue cut in half due to state policies: ‘We’re in trouble’
Multiple diversity, equity, and inclusion consulting firms continue to struggle in Florida in the years following the Stop WOKE Act. said Loni Bennett, executive director of South Florida People of Color. miami herald She announced Thursday that her nearly $300,000 annual income has been cut in half thanks to Florida's new policy. “We're in trouble,” […]
Majority of small businesses expect revenue growth in Trump’s first year: data
A U.S. Chamber of Commerce report obtained by Fox News Digital says small businesses are optimistic about revenue growth in 2025, when President-elect Donald Trump begins his second administration. MetLife Life's latest Small Business Index report and American Chamber of Commerce Seven out of 10 small businesses, or 72%, said they expected their revenue to […]