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Key senators float corporate tax to enable minimum-wage hike

By Angelica | Feb 26, 2021 | Comments Off on Key senators float corporate tax to enable minimum-wage hike

Two Senate committee chiefs are looking at ways to raise taxes on companies paying workers less than $15 an hour, as part of a new strategy to include President Joe Biden’s push to boost the minimum wage to that level in his COVID-19 aid bill. Original Article Posted at : https://www.accountingtoday.com/articles/key-senators-float-corporate-tax-to-enable-minimum-wage-hike

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These Are The Ten Impressive Green Startups

By Angelica | Feb 26, 2021 | Comments Off on These Are The Ten Impressive Green Startups
Ten, impressive, green startups

More and more entrepreneurs now are coming up with green ideas, or ideas that tackle environmental issues. Some startups take up green initiatives either to reduce environmental harm, while some do it to gain customer support. Over the past few years, social entrepreneurs have come up with a range of ideas, including energy sharing, ride-sharing […]

The post These Are The Ten Impressive Green Startups appeared first on ValueWalk.

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Lawmaker bought cannabis stocks while pushing for decriminalization

By Angelica | Feb 26, 2021 | Comments Off on Lawmaker bought cannabis stocks while pushing for decriminalization
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A well-connected House Democrat bought a large number of shares of cannabis stocks while pushing for decriminalization of the drug. According to a financial disclosure form, Rep. John Yarmuth bought $60,000 worth of cannabis stocks while publicly calling for decriminalization. Q4 2020 hedge fund letters, conferences and more Democrat buys cannabis stocks while pushing decriminalization […]

The post Lawmaker bought cannabis stocks while pushing for decriminalization appeared first on ValueWalk.

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People & firms on the move: Anchin appoints first COO

By Angelica | Feb 26, 2021 | Comments Off on People & firms on the move: Anchin appoints first COO

Lumsden & McCormick promotes four; Oklahoma Society of CPAs announces 2021 Trailblazer and Path Finder award winners; and more CPA news. Original Article Posted at : https://www.accountingtoday.com/list/people-firms-on-the-move-anchin-appoints-first-coo

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GameStop’s Dead Cat Bounce; Munger’s Annual Meeting

By Angelica | Feb 26, 2021 | Comments Off on GameStop’s Dead Cat Bounce; Munger’s Annual Meeting
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Whitney Tilson’s email to investors discussing GameStop’s dead cat bounce; stop the speculative and manipulative madness; and Munger’s Daily Journal annual meeting. Q4 2020 hedge fund letters, conferences and more GameStop’s Dead Cat Bounce 1) The behavior of speculators these days boggles my mind… Only a few weeks after losing more than 90% of their […]

The post GameStop’s Dead Cat Bounce; Munger’s Annual Meeting appeared first on ValueWalk.

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Schumer weighs big-firm tax to enable minimum wage hike

By Angelica | Feb 26, 2021 | Comments Off on Schumer weighs big-firm tax to enable minimum wage hike

Senate Majority Leader Chuck Schumer is weighing adding a provision to the $1.9 trillion COVID-19 relief plan that would put a penalty tax on big companies that don’t pay workers at least $15 an hour, a Democratic aide said on condition of anonymity. Original Article Posted at : https://www.accountingtoday.com/articles/schumer-weighs-big-firm-tax-to-enable-minimum-wage-hike

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Microstrategy Invests Another $1 Billion in Bitcoin

By Angelica | Feb 26, 2021 | Comments Off on Microstrategy Invests Another $1 Billion in Bitcoin
Microstrategy Bitcoin tesla bitcoin investment

Microstrategy has invested a further $1.026 billion in Bitcoin, bringing its total investment in the asset close to $5 billion. With corporate and institutional interest in crypto assets at an all time high, the move is likely to spur further adoption of the asset class. [soros] Q4 2020 hedge fund letters, conferences and more With […]

The post Microstrategy Invests Another $1 Billion in Bitcoin appeared first on ValueWalk.

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Finally – The Stock Market Tanks

By Angelica | Feb 26, 2021 | Comments Off on Finally – The Stock Market Tanks
Dow S&P 500

Surging bond yields continues to weigh on tech stocks. When the 10-year yield pops by 20 basis points to reach a 1-year high, that will happen. Q4 2020 hedge fund letters, conferences and more Dow, Nasdaq And S&P 500 Down Tuesday (Feb. 23) saw the Dow down 360 points at one point, and the Nasdaq […]

The post Finally – The Stock Market Tanks appeared first on ValueWalk.

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Palomar seeks $300m Torrey Pines quake cat bond issued from Singapore

By Angelica | Feb 26, 2021 | Comments Off on Palomar seeks $300m Torrey Pines quake cat bond issued from Singapore

Palomar Insurance Holdings, the speciality California-headquartered insurer that provides largely catastrophe exposed property products, has returned to the catastrophe bond market its second transaction, with a new $300 million Torrey Pines Re Pte. Ltd. (Series 2021-1) earthquake only deal that is being issued out of Singapore. Palomar had previously sponsored a $166 million Torrey Pines…

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10 Cities Where Black Americans Fare Best Economically

By Angelica | Feb 26, 2021 | Comments Off on 10 Cities Where Black Americans Fare Best Economically

This story originally appeared on SmartAsset.com. Nationwide, when it comes to wealth and personal finance success, Black Americans generally have less. U.S. Census Bureau data from 2019 shows that the median Black household income is 33% lower than the overall median household income and the Black homeownership rate is 22 percentage points lower than the…

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