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...Companies including McDonald’s and Starbucks have since suffered boycotts for their purported stances, while Citigroup is among companies that have had to fire employees for antisemitic messages on social...
...Danielle Rolfes, head of KPMG’s Washington national tax practice, said it was hard to predict what might happen if the deal failed....
...President Joe Biden has called for higher taxes on the wealthy and large corporations, taken a tougher approach to antitrust enforcement, sided with labour unions in contract negotiations and criticised...
...A handful of Starbucks baristas first voted for union representation in late 2021....
...Gargiulo noted: “If boycotts were a concern for McDonald’s chief executive, investors are basically asking, why shouldn’t they be a concern for Starbucks?”...
...HOLD: Caledonia Mining Corporation (CMCL) The Zimbabwean gold miner is growing, but was buffeted by operational difficulties and higher costs, writes Alex Hamer....
...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....
...(Politico Magazine) Join Nancy Pelosi, Jake Sullivan, Anne Applebaum, Bradley Whitford, Gucci Westman and many more on May 4 in Washington DC for our third annual FT Weekend Festival: US edition — a Saturday...
...A third of last year’s record corporation tax receipts came from just three tech and pharma companies....
...According to the finance ministry, corporation tax receipts for November — typically a bumper month — were €6.3bn, a 27 per cent or €1.3bn rise compared with the same month last year....
...The government believes as much as €11bn — nearly half of this year’s projected €24.5bn corporation tax haul — amounts to a “windfall” of exceptional profits paid by a small number of firms....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...I think the change here is that some corporations have decided they are going to fight us with everything they have, instead of being solutions-driven. Starbucks is a great example....
...The Washington-based SOC, chaired by Mary Kay Henry, is a group that includes the 2mn-member Service Employees International Union....
...The Corporation and the Twentieth Century: The History of American Business Enterprise by Richard N Langlois Princeton $50/£42, 816 pages Sir Geoffrey Owen is a former editor of the FT Join our online...
...Alongside the freeze on corporation tax, Reeves announced a Labour government would keep the “full expensing” regime....
...However the new minimum corporation tax would mark an increase from the 15 per cent that was implemented in 2022 as part of the Inflation Reduction Act....
...— when Steve Ballmer abruptly announced his departure — or Howard Schultz’s repeated return to the helm of Starbucks....
...Washington favours confiscating the reserves in their entirety and handing them to Ukraine, but many European officials have warned such a move would breach international law, unsettle global markets and...
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...He already said during the SOTU that corporations needed to pay more taxes so expect to hear him aim his sights at corporations more as he hits the campaign trail....
...For chip design giant Nvidia, the boom in artificial intelligence has coincided with a useful period of unusually low tax rates. A decade ago the company’s effective tax rate was 17.4 per cent....
...Former Japanese prime minister Taro Aso, a senior figure in the country’s ruling party, will meet Donald Trump....
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