Financial
GOP PROVISION IN CARES ACT GIVES DRUG FIRMS MAJOR TAX REDUCTIONS FROM OPIOID CRISIS SETTLEMENTS
(Washington, DC) Today, the Washington Post reported that four big drug companies plan to deduct opioid-abuse legal settlements from their corporate taxes, saving each company roughly $1 billion, at the expense of American taxpayers. And those deductions are supercharged thanks to a provision in the coronavirus-relief CARES Act enacted last March. Companies generally may […]
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Read MoreThe Story of GameStop Stock
Dear Investors, First a housekeeping note. If you are a client and have not received your printed quarter end newsletter and statement in the mail please let me know. There still appears to be significant postal service delays so I can send you an electronic copy in the meantime. If you follow the markets you’ve […]
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Read MoreHere’s when you may receive coronavirus stimulus check as per Pelosi
Everyone is waiting for the third round of stimulus checks, but as of now, there is no clear timeline for it. House Speaker Nancy Pelosi, however, has come up with sort of a deadline of when people can expect to receive coronavirus stimulus checks. Coronavirus stimulus check: When you may receive it The next coronavirus […]
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Read MoreBumble raises $2.2 billion in its IPO
Bumble stock skyrocketed more than 60% after its initial public offering (IPO) on Thursday. Initially, after its debut on the NASDAQ, Bumble was up almost 77% at $76 per share. The dating app company trades under the ticker symbol “BMBL.” Bumble soars in IPO Bumble priced its IPO at $43 per share, which was higher than its […]
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Read MoreGet out of debt in 2021: make these your New Year’s resolutions
It’s that time of the year when people start trying to turn over a new leaf. Whether you’ve resolved to get out of debt this year or not, it’s always a good time to start chipping away at it. Here are several things you can start doing in 2021 to get out of debt. Get out […]
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Read MoreThese are the ten fastest-growing startups
Startups are young companies that are in their first stages. Such companies are focused on a single product or service. A startup may not have a fully-developed business model and may lack adequate capital. Not all startups move beyond the initial stages, but those that do have a sustainable business model, skilled management and adequate […]
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Read MoreElon Musk wants to make the Tesla Roadster hover
Tesla CEO Elon Musk says he wants the company’s Roadster to hover. According to the New York Post, he made the remark on an episode of Joe Rogan’s podcast, which was released on Thursday. Musk wants the Tesla Roadster to hover Musk said he’s working on adding rocket technology to the Tesla Roadster so that it can hover […]
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Read MoreDividend Aristocrats In Focus: Automatic Data Processing
Updated on February 12th, 2021 by Bob Ciura Automatic Data Processing (ADP) might not be a household name, but it should be for dividend growth investors. ADP has raised its dividend each year for over 40 years in a row. Its most recent increase came in November 2020. While last year’s 2% dividend increase was…
Read MoreThe Effects of The Pandemic On Countries Who Depend On Tourism
Countries who depend on tourism were some of the hardest hit by the coronavirus pandemic as global tourism dropped by almost 80% in the first half of 2020. Several tourism-dependent countries have put measures in place to offset the effects of the pandemic on their tourism sector and their economy as a whole. As travel […]
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