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395 Results / Page 12 of 44

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federal income tax
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Bezos, Musk, others among US’s wealthiest use IRS loopholes to pay zero, little federal income tax

Bezos, Musk, others among US's wealthiest use IRS loopholes to pay zero, little federal income tax Via Just The News: IRS data shows the country's wealthiest individuals over the past 15 year have paid nearly nothing in federal income tax, an investigate report released Tuesday shows. The review by ProPublica, the investigative journalism organization, is based upon tax-return data from thousands of the nation's wealthiest including Amazon's Jeff Bezos, Tesla's Elon Musk and investor Warren […]

today06/09/2021 8

Model 3
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Tesla recalls hundreds of Model 3 cars that were shipped to China

Tesla recalls hundreds of Model 3 cars that were shipped to China Via CNBC.com: Tesla is recalling more than 700 units of its Model 3 electric car that were imported into China, the central government’s market regulator said Thursday. The announcement follows recalls of tens of thousands of Tesla vehicles in China and the U.S. in the last several months. Elon Musk’s automaker has also come under increased regulatory scrutiny […]

today06/03/2021 12

airlines
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U.S. airlines refunded $12.8 billion to travelers in 2020

U.S. airlines refunded $12.8 billion to travelers in 2020 Via CNBC.com: Eleven U.S. airlines issued $12.84 billion in cash refunds to customers in 2020 as the coronavirus pandemic upended the travel industry, the head of industry trade group Airlines for America (A4A) said in a letter to lawmakers on Friday. Airlines have faced a backlash from passengers and some lawmakers over their handling of redemptions for flights canceled during the […]

today05/29/2021 4

Elon Musk
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Elon Musk says Tesla eyeing Russia as a potential production hub

Elon Musk says Tesla eyeing Russia as a potential production hub Via CNBC.com: Elon Musk said on Friday that Tesla was close to establishing a presence in Russia and was looking at whether it could open factories there. Addressing an event in Russia via video link, Tesla boss Musk said the company already had production sites in China and the United States, but was looking at opening production facilities in other parts of […]

today05/21/2021 9

Amazon
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Amazon is shutting down its Prime Now fast delivery app

Amazon is shutting down its Prime Now fast delivery app Via CNBC.com: Amazon is shutting down its standalone Prime Now platforms and directing users who want fast delivery on groceries and other goods to order them through the Amazon app or website, the company announced on Friday. The Prime Now app and website will be retired worldwide by the end of this year, Amazon said. “To make this experience even more […]

today05/21/2021 53

Uniqlo
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U.S. Blocks Uniqlo Shirt Shipment for Chinese Slave Labor

U.S. Blocks Uniqlo Shirt Shipment for Chinese Slave Labor Via Breitbart: The Chinese government on Wednesday denounced U.S. Customs officials for blocking a shipment of shirts from Japanese casual wear designer Uniqlo because they violated a ban on slave-picked cotton from China’s Xinjiang province. The shipment was impounded January 5 at the Port of Los Angeles, but the action did not become major news until Reuters reported it Wednesday. The report cited customs […]

today05/20/2021 25

Fisker
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EV start-up Fisker will not accept or invest in bitcoin, CEO says

EV start-up Fisker will not accept or invest in bitcoin, CEO says Via CNBC.com: Electric vehicle start-up Fisker does not plan to invest in bitcoin or accept the cryptocurrency as payment, according to CEO and founder Henrik Fisker. Fisker said bitcoin is not “sustainable,” echoing environmental concerns raised last week by Tesla CEO Elon Musk due to concerns over the use of fossil fuels for bitcoin mining. “I just don’t think it’s a sustainable solution,” […]

today05/18/2021 3

Lamborghini
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Lamborghini announces plan for a fully-electric car by 2030

Lamborghini announces plan for a fully-electric car by 2030 Via CNBC.com: Italian supercar maker Lamborghini announced Tuesday that it will launch a fully-electric car in the second half of the decade. Presenting a transformation program, Lamborghini, owned by German firm Volkswagen, laid out “a roadmap to the decarbonization of future Lamborghini models and of the Sant’Agata Bolognese site,” its factory headquarters in Italy. It said the next 10 years will see […]

today05/18/2021 23

Copper
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Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton

Copper is ‘the new oil’ and low inventories could push it to $20,000 per ton Via CNBC.com: The world risks “running out of copper” amid widening supply and demand deficits, according to Bank of America, and prices could hit $20,000 per metric ton by 2025. In a note Tuesday, Bank of America commodity strategist Michael Widmer highlighted inventories measured in tons are now at levels seen 15 years ago, implying that stocks […]

today05/06/2021 3

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