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White House outlines tax, stimulus plans to head off coronavirus effects on businesses, "American workers"

The White House today outlined plans to delay tax-filing deadlines and urge Congress to adopt stimulus plans aimed at offsetting the ongoing coronavirus fallout on businesses and "the American worker." U.S. Treasury Secretary Steve Mnuchin said du.....»»

Category: topSource: bizjournalsMar 17th, 2020

OpenAI Launches First Asian Office in Tokyo Amid Microsoft"s Massive AI and Cloud Push in Japan

Microsoft-backed OpenAI expands to Tokyo, Japan to engage with regional businesses and develop AI solutions. Japan invests in AI despite lagging behind in tech. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Deal reached to lower Florida business rent tax

Florida businesses would get a second massive benefit as lawmakers move toward requiring out-of-state retailers to collect sales taxes on purchases made by Floridians, under a deal announced Monday by House and Senate leaders......»»

Category: topSource: bizjournalsMar 30th, 2021

Inside a massive transformation at powerhouse Wall Street bank Goldman Sachs

Goldman is looking to grow its consumer and wealth businesses. It's also laid out cost cuts that envision moving more workers to low-cost cities. Goldman Sachs CEO David Solomon. Getty Images Goldman Sachs has been going through .....»»

Category: topSource: businessinsiderDec 26th, 2020

Tucked into Congress’s massive stimulus bill: Tens of billions in special-interest tax giveaways

The stimulus bill included a number of tax breaks for a range of businesses, showing how the legislation went far beyond providing pandemic relief......»»

Category: topSource: washpostDec 22nd, 2020

Fifth Third CEO Greg Carmichael says bank is selling businesses as part of $200M in cuts

Fifth Third Bancorp is selling several businesses, including a downtown insurance agency, as part of a massive cost-cutting effort to remove $200 million in annual expenses......»»

Category: topSource: bizjournalsDec 16th, 2020

Mnuchin says liability protection for businesses that reopen a priority

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 11th, 2020

Capitol Report: Mnuchin rejects calls to have less Paycheck Protection Program money go to employees, but Pelosi sounds open to changing 75% rule

Treasury Secretary Steven Mnuchin has pushed back on calls to change a key requirement for small businesses to obtain aid under the government’s Paycheck Protection Program, while House Speaker Nancy Pelosi sounds open to loosening it......»»

Category: topSource: marketwatchMay 6th, 2020

Bullish Or Bearish On First American (FAF)?

The past couple of months have been tough on businesses around the world. The economy has taken a massive hit from COVID-19 and the future has.....»»

Category: topSource: insidermonkeyMay 6th, 2020

Trust in CEOs has fallen during coronavirus pandemic, report says

Amid a massive public health crisis, trust in governments is rising, while trust in businesses, and in particular, CEOs has fallen sharply, according to a new report focused on coronavirus by c.....»»

Category: topSource: latimesMay 5th, 2020

Treasury Dept. plans to borrow $3 trillion from April through June

The funds are to cover the massive attempt to limit the economic impact of the pandemic on U.S. businesses and workers......»»

Category: topSource: washpostMay 4th, 2020

Mnuchin says large relief loans will be audited

Treasury Secretary Steve Mnuchin said all loans of more than $2 million in a government relief program for small businesses will be audited to ensure they were justified. Large public companies and... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 30th, 2020

Ivey outlines plan to reopen Alabama: Here"s what it means for businesses

Alabama Gov. Kay Ivey on Tuesday unveiled plans to reopen Alabama. Here's a look at the plan and what it means for businesses across a range of industries......»»

Category: topSource: bizjournalsApr 28th, 2020

Mnuchin warns some U.S. firms could face criminal liability over coronavirus loans

The U.S. Treasury Department will audit every loan for more than $2 million given under the Paycheck Protection Program for businesses hurt by the coronavirus fallout, Treasury Secretary Steven Mnuchin said on Tuesday......»»

Category: topSource: reutersApr 28th, 2020

U.S. states test safety of reopening as pandemic pushes jobless claims higher

An array of businesses prepared on Thursday to reopen in Georgia and a handful of other U.S. states for the first time in a month, as another week of massive unemployment claims highlighted the grim economic toll of the coronavirus pandemic......»»

Category: topSource: reutersApr 23rd, 2020

Some Americans prepare to go back to work as jobless claims spike over virus

Some businesses prepared on Thursday to reopen in Georgia and a handful of other U.S. states for the first time in a month, as another week of massive unemployment claims highlighted the grim economic toll of the coronavirus pandemic......»»

Category: topSource: reutersApr 23rd, 2020

U.S. firms may face probes over payroll loans, Treasury, DOJ officials warn

U.S. Treasury Secretary Steven Mnuchin warned on Wednesday that companies that received coronavirus rescue money intended for small businesses could be investigated if it appears they did not really need the money......»»

Category: topSource: reutersApr 22nd, 2020

Key Words: As scores of public companies get small-business aid, Trump vows to take back money if help was ‘inappropriate’

President Donald Trump and Treasury Secretary Steven Mnuchin address how a coronavirus aid program for small businesses has been helping big public companies......»»

Category: topSource: marketwatchApr 21st, 2020

Trump administration and Democrats near deal for more coronavirus aid to small businesses

Treasury Secretary Steven Mnuchin and Democratic leaders said Sunday they were "very close" to a coronavirus relief deal with about $400 billion more.....»»

Category: topSource: latimesApr 19th, 2020

Lobbying Frenzy Unleashed On Capitol Hill By Massive Pool Of Corona-Stimulus Money

Lobbying Frenzy Unleashed On Capitol Hill By Massive Pool Of Corona-Stimulus Money Authored by Karl Evers-Hillstrom via OpenSecrets.org Washington lobbying firms are finding new clients as businesses affected by the cor.....»»

Category: blogSource: zerohedgeApr 16th, 2020