Category: Burden
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Musk-Trump Bromance Turns X Debt From Burden to Asset for Morgan Stanley
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(Bloomberg)-Just a few months before, Morgan Stanley was stuck in billions of dollars in unpleasant debts associated with Eileon Musk’s controversial evening 2022 for the social media platform on Twitter. Most of them read from Bloomberg With the help of MUSK individual relationship with President Donald Trump and its new…
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High Street closures set to surge in 2025 as business rates burden grows
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A record number of stores are expected to close their doors this year, with rising business rates cited as the latest blow for many retailers. According to new figures from the Center for Retail Research, store closures could reach 17,349 in 2025, surpassing the 17,145 recorded in 2022 when pandemic…
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Family businesses face new inheritance tax burden as relief cut to 50%
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In a major shift affecting family-owned businesses, the Chancellor of the Exchequer has announced that the Business Property Relief (BPR) will be reduced to 50% from April 2026, exposing thousands of family businesses to inheritance tax for the first time in decades. Although business assets were previously exempt, they will…
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New Draft Eases Tax Filing Burden
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The IRS, or Internal Revenue Service, revealed that New Draft Version of Tax Form 1099-DAwhich cryptocurrency brokers and investors use to report certain digital asset transactions from the upcoming tax period in 2025. The new version is a big step forward from the original draft submitted in April 2024. The…
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Ford stock dives 13% after larger-than-expected Q2 loss, warranty burden By Investing.com
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Ford Motor Company (NYSE: NYSE:) reported a big drop in second-quarter earnings, with adjusted earnings per share (EPS) of $0.47, missing analysts’ estimates of $0.68. The company’s fourth-quarter revenue was $47.8 billion, slightly below the consensus estimate of $48.09 billion. Second-quarter earnings before interest and taxes were $2.8 billion, also…
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Boeing’s woes a ‘burden’ for entire sector, Airbus executive says By Reuters
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FRANKFURT (Reuters) – Safety and quality problems uncovered at Boeing Co (NYSE:) after a door plug exploded earlier this year threaten to shake travelers’ confidence in flying, a senior executive at rival Airbus said. Christian Scherer, CEO of Airbus’ commercial aircraft division, told German weekly magazine WirtschaftsWoche that these problems…