The U.S. Food and Drug Administration (FDA) said it had found
problems including peeling paint and loose debris during
inspections at a U.S. plant in Baltimore that makes Johnson &
Johnson’s (JNJ.N) COVID-19 vaccine and asked for remediation of
the issues. Read More.
TOPLINE Sen. Bernie Sanders (I-Vt.) and Rep. Pramila Jayapal
(D-Wash.) on Wednesday introduced legislation to make college
tuition free for millions of Americans, paid for by a new tax on
Wall Street trades. Read More.
GameStop Corp’s (GME.N) George Sherman will step down as chief
executive officer in the biggest shakeup at the video game
retailer, giving top shareholder Ryan Cohen more control as he
leads the company’s shift to e-commerce. Read More.
For more than a century, Standard Industries has been on top of
the roofing world. Now co-CEOs David Millstone and David Winter
are ready to roll out a high-tech solar version to rival Tesla’s
and give home construction a jolt. Read More.
Tax cases involving Native Americans are complex, highly
fact-intensive, and if required, a court must weigh the competing
interests of the tribe, the federal government, and the state to
determine if the tax stands or falls. Read More.
The news this week from the IRS Commissioner that Americans are
cheating Uncle Sam out of maybe more than $1 trillion in taxes
each year was greeted in a familiar way on my social media — with
supporters of the FairTax saying it’s time to move to a
completely different tax system. Read More.
The reason for the obvious lack of enthusiasm shown by Congress,
the D.C. think tanks and the media is that the people to whom
they answer, the Ruling Class, see the FAIRtax for what it is—a
huge transfer of power and money from D.C. to the citizens. Read More.
WASHINGTON (Reuters) -The U.S. government is losing some $1
trillion in unpaid taxes every year and needs more and consistent
Internal Revenue Service funding to go after tax cheats, IRS
Commissioner Charles Rettig said on Tuesday. Read More.
Seven years ago, Vimeo had Hollywood dreams. The internet video
outfit—owned by Barry Diller’s IAC—had found a niche hosting
flicks for artsy filmmakers who didn’t want their works to be
tossed into YouTube’s unruly, ad-driven stew. But it was a tiny,
money-losing business with annual revenue under $40 million. Read More.