Exclusive: U.S. will allow two companies to ship Venezuelan oil to Europe
The volume of oil Eni and Repsol are expected to receive is not large, one of the people said, and any impact on global oil prices will be modest.
Peter Russell
5 reasons why Bitcoin could be a better long-term investment than gold
Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up…
The Queen’s Jubilee long weekend, which (according to The Royal Mint) means “shared lunches, street parties and concerts.”
We’re not so sure about the whole “shared lunches” thing, but we are sure there will be plenty of celebration here in the UK.
Platinum Jubilee: Crowds cheer Queen at the palace as Jubilee begins
Senior royals gathered on Buckingham Palace balcony for the first time since the pandemic
Frontier offers $250 million reverse breakup fee if regulators block Spirit merger
Frontier is offering a $250 million reverse breakup fee to Spirit.
JetBlue Airways is trying to acquire Spirit and has launched a hostile takeover attempt.
JetBlue’s offer includes a $200 million reverse breakup fee.
Despite the market crash, global Web3 metaverse and tax projects continue.
Despite the turmoil in the digital assets market, Web3 developers, institutional investors, and authorities ready to tax metaverse earnings remain stable.
S&P 500 declines Thursday, heads for losing week amid big earnings, high inflation
Those moves as inflation took center stage in investors’ minds this week after two back-to-back reports showed surging prices. On Thursday, the benchmark 10-year U.S. Treasury yield rose back to multiyear highs as traders continued to assess rising inflation. The yield on the 10-year climbed about 12 basis points to top 2.8%.
How companies like Amazon, Nike and FedEx avoid paying federal taxes
In fact, at least 55 of the largest corporations in America paid no federal corporate income taxes on their 2020 profits, according to the Institute on Taxation and Economic Policy. The companies include names like Whirlpool, FedEx, Nike, HP and Salesforce.
UK freezes record $13 billion in assets linked to two Abramovich associates
The United Kingdom has frozen assets belonging to two Russian oligarchs worth up to $10 billion pounds, or $13 billion U.S. dollars.
Eugene Tenenbaum and David Davidovich are both close associates of Russian billionaire Roman Abramovich.
Thursday’s action represents the largest asset freeze in British history, according to a government spokesperson.
The freeze on Tenenbaum and Davidovich was coordinated with a freeze by authorities on the offshore tax haven of Jersey froze assets valued at more than $7 billion that are suspected of being connected to Abramovich.
Elon Musk says he’s ‘not sure’ he’ll be able to buy Twitter after $43 billion bid, teases a plan B
Billionaire Tesla CEO Elon Musk acknowledged Thursday he is “not sure” he’ll actually be able to buy Twitter, hours after he made an offer to acquire the company.
Asked by TED’s Chris Anderson if there was a “Plan B” if his current offer were rejected, Musk said, “there is.”
