The CEO of an online marketing firm was lambasted on social media after he posted a “cringeworthy” selfie on LinkedIn that showed him crying as he announced layoffs. Braden Wallake, the CEO of Columbus, Ohio-based marketing services firm HyperSocial, took to LinkedIn to announce the firings in a lengthy, blubbering ramble to employees. It is …
The head of the Internal Revenue Service said that the tax collecting agency will “absolutely not” use $80 billion in new funding to step up audits of low- and middle-income Americans. IRS Commissioner Charles Rettig tried to reassure the US Senate in a recent letter about the 87,000 new agents who will be hired as …
87K new agents won’t target middle-income Americans Read More »
“We wanted to create a dream-inspired drink that was recognizably Coca-Cola but with additional cues that bring to life the playfulness and brightness of dreams,” a company spokesperson said in an email about the product. “We took inspiration from the technicolor world of dreams, adding a dash of vibrant flavors to our great Coca-Cola taste,” …
TOKYO — Toshiba reported a 44% improvement in profit in the last quarter as the Japanese technology giant worked to revamp its brand image and reassure investors about its management. Tokyo-based Toshiba Corp. said Wednesday that it recorded a 25.9 billion yen ($192 million) profit in the April-June period, up from 18 billion yen the …
Japan’s Toshiba boosts profit on devices, auto sector demand Read More »
Tax experts are still trying to work out exactly what the so-called Inflation Reduction Act — a 755-page patchwork of giveaways, carveouts, and subsidies which purports to ease inflation by reducing the deficit and hiking taxes — will cost average Americans. However, they agree on one thing: It’s likely to be a lot. “Everyone is …
Dems’ spending bill hammers Americans with billions in new taxes Read More »
When the Lightning first went on sale, the Pro version — the base model intended mostly as a simple work truck — cost about $40,000. Now it will cost about $47,000. More expensive versions of the truck have similar price increases, up to $8,500 for highly equipped extended range models. The Lightning is currently eligible …
Ford just raised the price of the F-150 Lightening Read More »
SAN JOSE, Calif. (AP) — A federal judge in California ruled Tuesday that three golfers who joined Saudi-backed LIV Golf will not be able to compete in the PGA Tour’s postseason. US District Court Judge Beth Labson Freeman made her decision in San Jose after attorneys for the sides each spoke for about an hour. …
Federal judge denies LIV golfers bid for PGA Tour postseason Read More »
Billionaire Elon Musk is among those raising their eyebrows over the roughly $80 billion overhaul of the Internal Revenue Service included in the Democrat-backed spending bill that passed the Senate on Sunday. “Seems high,” Musk, the world’s wealthiest individual, tweeted. Musk’s reaction to the IRS funding was in response to a report by the Washington …
Elon Musk reacts to $80B IRS overhaul in Inflation Reduction Act: ‘Seems high’ Read More »
MARK GILLISPIE, Associated Press CLEVELAND (AP) — In a world increasingly troubled by the persistent harm that plastic — manufactured in petrochemical plants — has had on the environment, companies are investing billions of dollars to ramp up production of plastics made from natural, renewable materials that can be safely composted or can biodegrade under …
Billions Pour Into Bioplastics as Markets Begin Ramping Up Read More »
Shares of GoodRx Holdings Inc. popped nearly 50% in after-hours trading Monday after the company, which offers services for people looking to compare prescription drug prices, topped expectations with its latest results and indicated that a previously disclosed issue with a major grocer has since been “addressed.” The company reported a second-quarter net loss of …
