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...If Europe is a technocracy and China an autocracy, America might be described as a large, bureaucratic corporation, a conglomerate that is so massive, complex, diversified and self-interested that it’s difficult...
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...Rachel Reeves, the UK’s shadow chancellor, has promised no rise in corporation tax from its current rate of 25 per cent under a Labour government if the party wins the general election later this year....
...As a white knight, Banc of California’s earnings per share will rocket by 20 per cent. That is due to lower funding costs and operating synergies....
...He argued that the allies should aim to release about $50bn of funding for Ukraine via the proposal....
...and provides much of the BBC’s funding....
...The Internal Revenue Service said on Wednesday that it was preparing “dozens” of audits of large corporations, partnerships and high-income taxpayers to see if their use of jets had been properly designated...
...TerraPower, which has raised almost $1bn in private funding, signed an agreement with Emirates Nuclear Energy Corporation in December to explore using Natrium reactors to generate electricity and produce...
...But what if the productivity gap is really about how large corporations use their economic and political power to squeeze out innovation in favour of larger profit margins?...
...Increasing effectiveness The Tanoto Foundation’s method of organising its donations is similar to that used by many of Asia’s richest families and corporations....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...Only in the 1950s did it embark on its policy of low corporation tax, luring many foreign companies, from which it benefits so much today....
...In the first quarter of 2024, US VC funding deals fell to the lowest point since 2017, according to PitchBook. With a diminishing prospect of rate cuts this year, this is likely to continue....
...The purchase of PacWest by Banc of California is another piece of tidying up in the wake of banking turmoil. Thankfully, the all-share deal involved neither state intervention nor lopsided economics....
...“Since December, we’ve had no funding from any level. At the end of March it runs out. I don’t know what happens next.”...
...China has also stepped up its support of fusion research, creating a consortium in December, led by the China National Nuclear Corporation, to advance the development of fusion energy in the country....
...The chief executive of BCG has said the $12bn consulting firm expects to generate a fifth of its revenues in 2024 from helping corporations integrate artificial intelligence into their businesses, a share...
...The government also needed the bond because the best way to tackle El Salvador’s acute financing challenges — an IMF programme that would unlock plenty of other cheaper funding and send its bond yields tumbling...
...It is now well documented that art provides a lucrative and untraceable funding source for blacklisted individuals and entities....
...Instead, it filed in the Southern District of New York, claiming that venue by virtue of the fact that the non-equity general partner in some of its entities partnerships was a New York corporation....
...Higher interest rates lit a fire under the corporate pensions market, with improved scheme funding levels meaning hundreds of billions of pounds of pension obligations are expected to be transferred from...
...The board of the International Finance Corporation is meeting on Thursday under growing pressure to pay compensation to alleged victims of child sexual abuse in a network of schools in Kenya operated by...
...The US can easily afford to keep funding Ukraine. At $113bn over the past two years, America’s largesse amounts to less than 1 per cent of federal spending over that time. Even that overstates it....
...The list of investments businesses can use to lower their corporation tax bill could be broadened, but alongside something to reduce the built-in bias towards debt financing....
...The Biden administration will target billionaires and corporate America with sweeping tax rises as part of a plan to cut the US’s record national debt and boost the president in the polls ahead of November...
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