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WeWork co-founder sues SoftBank over failed deal
WeWork co-founder Adam Neumann has accused one-time ally Softbank of abuse of power, filing a lawsuit against the company on Monday for pulling a deal to buy $3 billion of WeWork's shares from investors. Gloria Tso reports......»»
Analyst says Ford needs to "rip the Band-Aid off" after $2B loss: What he means
Ford said Tuesday its first-quarter earnings before interest and taxes was negative $632 million, down from $2.4Â billion in the first qua.....»»
City may lose 475,000 jobs and $10 billion in taxes, Budget Office says
New York City may lose a half-million jobs and run about $10 billion short on tax revenue through mid-2021 because of the coronavirus outbreak, the city’s Independent Budget Office estimated. Retail... To view the full story, click the title link......»»
Ford expects $2B quarterly loss after coronavirus fallout
The automaker earlier this week said it sees first-quarter revenue of about $34 billion and adjusted losses before interest and taxes of $600 million as it seeks to conserve cash......»»
Ford expects loss of $600 million for first quarter
Ford Motor Co said on Monday it expects first-quarter adjusted loss before interest and taxes to be about $600 million, compared with a profit of $2.4 billion a year earlier......»»
Here"s how homeowners" property tax rates in Milwaukee compare with rates in the metro, and the U.S.
Property taxes levied on single-family homes in the U.S. in 2019 totaled $306.4 billion, a 1% increase relative to 2018, according to Attom Data Solutions, a California property database company. The average tax amount per home last year in the U.S......»»
Stringer looks for savings to pay for virus impact
With Big Apple restaurants and bars now relying on takeout and delivery only and Broadway having gone dark, the city will lose $3.2 billion in taxes .....»»
"They Know Nothing" (Again): Jim Cramer Calls For Government To Suspend Taxes, Print Way Out Of COVID-19
'They Know Nothing' (Again): Jim Cramer Calls For Government To Suspend Taxes, Print Way Out Of COVID-19 Jim Cramer on Thursday called for the federal government to immediately print $500 billion to address the coronavirus o.....»»
U.S. will loan $50 billion to small businesses, defer taxes to fight coronavirus, Trump says
The United States will give individuals, and small and mid-sized businesses a three-month tax holiday to try to fight the economic impact of the novel coronavirus, President Donald Trump said Wednesday night......»»
IRS May Delay April 15th Tax Deadline; Mnuchin Eyes $200 Billion In Liquidity Through Delayed Payments
IRS May Delay April 15th Tax Deadline; Mnuchin Eyes $200 Billion In Liquidity Through Delayed Payments The IRS is considering a delay of the normal April 15th headline for filing taxes and making payments, according to CBS News'.....»»
"I"m a key man": The head of SoftBank"s $100 billion Vision Fund, recently accused of blackmailing a rival, defends the company and himself in a new interview
Rajeev Misra, the manager of SoftBank's Vision Fund, espoused optimism for the future of the fund in the next 18 to 24 months, i.....»»
MTA eyes $1 billion of bonds backed by sales taxes
The Metropolitan Transportation Authority, the nation’s largest public-transit provider, is set to approve the sale of $1 billion of sales-tax debt Wednesday, a new borrowing vehicle for the agency... To view the full story, click the title link......»»
Banned Thai opposition party says junta helped 1MDB cover-up
A banned Thai opposition party on Sunday accused the former military junta of helping cover up Malaysia's multi-billion-dollar 1MDB scandal, urging Thais to demand the truth ahead of a censure debate against Prime Minister Prayuth Chan-ocha......»»
Newly-banned Thai opposition party says junta helped 1MDB cover-up
A banned Thai opposition party on Sunday accused the former military junta of helping cover up Malaysia's multi-billion-dollar 1MDB scandal, urging Thais to demand the truth ahead of a censure debate against Prime Minister Prayuth Chan-ocha......»»
The Billion-Dollar Belt: City Councilwoman Priscilla Tyson on the government"s role in downtown"s northern surge
"This investment pays off in the long run, as new jobs enter the area and create income taxes to pay for future city services," said Columbus City Councilwoman Priscilla Tyson......»»
TaxWatch: If you lose your Super Bowl bet, you could still win when you file your taxes
Americans could bet nearly $7 billion on the Chief-49ers duel......»»
Coronavirus could cost China"s economy $60 billion
China may have to cut taxes, boost spending and slash interest rates to prevent the coronavirus outbreak wreaking havoc on an already fragile economy......»»
Americans will inherit $764 billion this year, mostly tax-free
One way the rich get richer is through inheritance, and they’re barely paying taxes on it......»»
A couple pleaded guilty to scamming Warren Buffett as part of a $1 billion Ponzi scheme
Bill Pugliano/Getty The couple accused of scamming Warren Buffett and other investors pleaded guilty to money laundering and conspiracy charges on Friday. Jeff and Paulette C.....»»
Ford to record pension-related $2.2 billion charge
Ford Motor Co. said late Wednesday it expects to take a fourth-quarter pre-tax charge of $2.2 billion related to pension obligations that will cut down on its net income. After taxes, the $.....»»