Author: i2wtc
Following news breaking over the weekend that Gov. Phil Murphy and legislative leaders had agreed to include a 2.5% corporate transportation tax in the FY25 state budget, many important questions remain for New Jersey’s business community. This week, NJBIA will be looking at some of the questions that need to be answered before the budget is finalized by June 30th. Why tax retroactively? New Jersey’s business community was shocked when Gov. Phil Murphy announced the $1 billion in new taxes in his February budget address, after he had pledged over the past year to eliminate the temporary 2.5% corporate business…
Article informationauthor, Kate Whannellrole, Political reporter24 June 2024 14:55 BSTUpdated 2 hours agoRishi Sunak said he was “not aware of any other” Conservative election candidates being investigated by the Gambling Commission for allegedly placing bets on election day. He confirmed the party was conducting its own internal investigation “in parallel” with the Gambling Commission’s investigation. The committee has not said who it is investigating but the names of four Conservative Party members have emerged so far, two of whom are running for election. Sunak is facing pressure from parts of his own party as well as the opposition to suspend…
Anthony Pompliano, founder of venture capital firm Pomp Investments, predicts that Bitcoin (BTC) will benefit from artificial intelligence (AI) over the next decade. In a new interview with CNBC, Pompliano said that wealth generated from the AI sector could flow into Bitcoin as the preferred store of value asset. “A few years ago it was all about Bitcoin and cryptocurrency. Now a lot of people are talking about AI. But I think people miss the point that these are actually part of the same trend. We’re going into an automated world, AI is going to create a ton of wealth,…
Bronny James. Bronny James. Bronny James.With the 2024 NBA Draft looming, the name most often mentioned is the 6-foot-1 guard who averaged 4.8 points, 2.1 assists and 2.8 rebounds as primarily a bench player for a 15-18 USC team. It was a win, considering James went into cardiac arrest after a preseason workout last fall and no one knew if he’d play again.But when it comes to his NBA potential, his play isn’t enough to excite fans. A great defender and a man of integrity? Great, but he’s projected to be a second-round pick, with his father’s team, the Los…
Cary, North Carolina – USA Baseball today announced the rosters for the 2024 Collegiate National Team Training Camp, which will compete in a two-game Stars vs. Stripes intrasquad series. The 2024 roster includes 55 players, primarily undrafted, from across college baseball. Varsity training camp begins June 25 with the first game of the Stars vs. Stripes series on June 26 at the USA Baseball National Training Complex in Cary, North Carolina. The second game of the series will be played on June 27, after which the 55 players will split into two teams: one to compete in the 21st USA…
Apple became the first company to be accused of violating the European Union’s tough new competition rules, with regulators alleging on Monday that the tech giant made it excessively difficult to steer consumers to rival services.The Digital Markets Act is the first antitrust law drafted to oversee big tech companies in a major economy. It seeks to allow app developers to inform users of cheaper alternatives outside app stores, a practice known as “steering.” In preliminary findings published on Monday, the European Commission said the fees and restrictions prevent them from communicating with consumers through the distribution channels of their…
INDIANA COUNTY, Pa. — Biden administration officials arrived here this month with an upbeat message for residents: “We’re here to help the country navigate the transition away from fossil fuels.”During the roughly two-hour meeting in a stuffy conference room, officials told the audience The federal government hasn’t forgotten about this place, about an hour east of Pittsburgh. In the 1980s, coal mines began closing, and the state The largest coal-fired power plant closed last year.And then the exhaust began. A few residents rose up and the federal government Have Forgotten places struggling to replace the jobs and tax base the…
Canada said its auto industry faces unfair competition from China’s “state-driven” global glut of EVs.Canadian Deputy Prime Minister Chrystia Freeland said the country is considering whether to impose import tariffs on Chinese-made electric cars and would seek public input on the idea. Foreign Minister Freeland said Monday that the Canadian auto industry faces unfair competition from China’s “state-driven excess capacity policy,” and that the Canadian government would open a 30-day public comment period on July 2 on how it could respond. “Chinese manufacturers are intentionally creating a global supply glut that is hurting EV manufacturers around the world, including in…
Neighbors for a Better San Francisco, San Francisco’s most influential political group that has spent millions of dollars supporting moderate candidates and policies in recent elections, emailed supporters on Monday to back two candidates challenging Mayor London Breed, while urging them to remove one candidate from the ballot entirely.The email from Neighbors called Aaron Peskin, the most progressive of the primary candidates, a “threat” and encouraged voters to remove District 3 Supervisor from the ballot and instead vote for either moderates Mark Farrell or Daniel Lurie as their first and second choices.Officials wrote that Breed was given a slight in…
Carnival Corporation CCL The company is set to report its second-quarter (Q2) results on Tuesday. Wall Street expects EPS of -20 cents on revenue of $5.7 billion when the company reports results pre-market hours.Shares have risen 2.33% over the past year but are down 12.30% year-to-date.Let’s take a look at what the chart for Carnival stock shows and how the stock’s price currently lines up with Wall Street expectations.Carnival shares trend bullish ahead of second-quarter earnings release Technical analysis indicates a strong bullish trend for Carnival stock, with the stock price of $16.07 trading above the 5-day, 20-day, and 50-day…