In an August meeting with GOP senators,
In an August meeting with GOP senators, McConnell urged members to transfer money from their leadership PACs to the Senate Leadership Fund even after a presentation showing that Senate GOP leaders had given far less to the NRSC than top House Republicans have given to their campaign arm, a source familiar with the matter said. Just two GOP senators ponied up to the NRSC after that presentation. "Well, it concerns me a lot," Texas Sen. John Cornyn, a member of McConnell's leadership team ...
In an August meeting with GOP senators,
In an August meeting with GOP senators, McConnell urged members to transfer money from their leadership PACs to the Senate Leadership Fund even after a presentation showing that Senate GOP leaders had given far less to the NRSC than top House Republicans have given to their campaign arm, a source familiar with the matter said. Just two GOP senators ponied up to the NRSC after that presentation. "Well, it concerns me a lot," Texas Sen. John Cornyn, a member of McConnell's leadership team ...
China slashes rates as lockdowns take their toll
"This tax will have the largest negative effects on large, growing companies that only recently met the income threshold," its analysts said. The tax on stock buybacks would have an effect on oil and gas companies as well. Moody's Investors Service noted that while its implementation "is not likely to significantly affect the volume of share repurchases, it could be a considerable source of tax revenue over the next couple of years." The Tax Foundation, in its analysis, found that the re...
China slashes rates as lockdowns take their toll
"This tax will have the largest negative effects on large, growing companies that only recently met the income threshold," its analysts said. The tax on stock buybacks would have an effect on oil and gas companies as well. Moody's Investors Service noted that while its implementation "is not likely to significantly affect the volume of share repurchases, it could be a considerable source of tax revenue over the next couple of years." The Tax Foundation, in its analysis, found that the re...
Early in the pandemic, people realized they were going
Early in the pandemic, people realized they were going to be spending a lot more time at home. So they decided to upgrade. Shoppers dished out for new sofas, beds and decor, remodeled their kitchens and backyards and invested in their remote work setup. Demand was so hot that it broke global supply chains and caused lengthy delays for goods. It all meant boom times for online retailer Wayfair (W) and companies such as Williams-Sonoma (WSM), RH (RH), Bed Bath & Beyond (BBBY), Overstock (OSTBP)...
Early in the pandemic, people realized they were going
Early in the pandemic, people realized they were going to be spending a lot more time at home. So they decided to upgrade. Shoppers dished out for new sofas, beds and decor, remodeled their kitchens and backyards and invested in their remote work setup. Demand was so hot that it broke global supply chains and caused lengthy delays for goods. It all meant boom times for online retailer Wayfair (W) and companies such as Williams-Sonoma (WSM), RH (RH), Bed Bath & Beyond (BBBY), Overstock (OSTBP)...
Boeing suspended deliveries of the 787 after t
Boeing suspended deliveries of the 787 after the FAA raised concerns about its proposed inspection method. The FAA had previously issued two airworthiness directives to address production issues for in-service airplanes and identified a new issue in July 2021. Boeing Chief Financial Officer Brian West said this week on an investor call that it had 120 of the 787s in inventory and was "making progress completing the necessary rework to prepare them for delivery." Boeing is "producing at very l...
Boeing suspended deliveries of the 787 after t
Boeing suspended deliveries of the 787 after the FAA raised concerns about its proposed inspection method. The FAA had previously issued two airworthiness directives to address production issues for in-service airplanes and identified a new issue in July 2021. Boeing Chief Financial Officer Brian West said this week on an investor call that it had 120 of the 787s in inventory and was "making progress completing the necessary rework to prepare them for delivery." Boeing is "producing at very l...
Again, the general rule is that businesses
Again, the general rule is that businesses that depend on so-called discretionary spending are in danger during economic downturns. The packed airports this summer might make this hard to believe, but jobs related to air travel, such as those in flight services and travel agencies, are at significant risk going forward. So are jobs in amusement parks, gambling, entertainment and tourism, where consumers can opt to cut back on their spending. Construction work is notorious for its boom-bust cy...
Again, the general rule is that businesses
Again, the general rule is that businesses that depend on so-called discretionary spending are in danger during economic downturns. The packed airports this summer might make this hard to believe, but jobs related to air travel, such as those in flight services and travel agencies, are at significant risk going forward. So are jobs in amusement parks, gambling, entertainment and tourism, where consumers can opt to cut back on their spending. Construction work is notorious for its boom-bust cy...
