Tag Archives: plan

President Joe Biden is set to unveil a $2 trillion economic recovery plan on Wednesday afternoon, which includes raising the corporate tax rate from 21% to 28% to help pay for a massive overhaul of America’s infrastructure. The proposal, called the American Jobs Plan, is the first of the two economic recovery plans the administration plans to roll out in the coming weeks. Biden will detail the first plan focusing on the infrastructure overhaul on Wednesday in Pittsburgh and the second plan… Source link

By Fanny Potkin, Aradhana Aravindan SINGAPORE (Reuters) – Facebook said on Monday it planned two new undersea cables to connect Singapore, Indonesia and North America in a project with Google and regional telecommunication companies to boost internet connection capacity between the regions. “Named Echo and Bifrost, those will be the first two cables to go through a new diverse route crossing the Java Sea and they will increase overall subsea capacity in the trans-pacific by about 70%,”… Source link

Bloomberg Turkey Says April Rate Cut Shouldn’t Be Taken for Granted (Bloomberg) — Turkish central bank Governor Sahap Kavcioglu said markets shouldn’t take for granted that he’ll cut interest rates as soon as April, when he sets monetary policy for the first time since his surprise appointment.“I do not approve a prejudiced approach to MPC decisions in April or the following months, that a rate cut will be delivered immediately,” Kavcioglu said in a written response to questions… Source link

An ambitious plan promising to transform the North Bayshore area into a “sustainable mixed-use community” of new homes, parks, restaurants, services and jobs is one step closer to realization following Mountain View City Council approvals March 23. Council members unanimously approved Google Inc.’s request for 1.3 million square feet of nonresidential bonus floor area ratio (FAR) to help develop a master plan to repurpose the company’s properties to include office space, housing,… Source link

“I believe a lasting economic recovery will come from local communities, and the people and small businesses that give them life,” Sundar Pichai, CEO of Google and its parent company Alphabet, said in a news release. “Google wants to be a part of that recovery. That’s why we plan to invest over $7 billion in offices and data centers across the U.S. and create at least 10,000 new full-time Google jobs in the U.S. this year.” Source link

MOUNTAIN VIEW — Google will “double down” on California by investing more than $1 billion in properties and development projects statewide, including several in the Bay Area, the search giant said Thursday. “A lasting economic recovery will come from local communities, and the people and small businesses that give them life,” said Sundar Pichai, chief executive officer of Google and its owner, tech titan Alphabet. “Google wants to be a part of that recovery.” Mountain… Source link

This morning, Google is announcing the next steps in its plan to disrupt the world of education, including the launch of new certificate programs that are designed to help people bridge any skills gap and get qualifications in high-paying, high-growth job fields–with one noteworthy feature:  No college degree necessary. The new tools could be a game-changer for a growing number of people who consider the current educational system broken, or for the millions of Americans who are… Source link

The House of Representatives passed President Biden’s $1.9 trillion stimulus plan on March 10. The legislation, called the American Rescue Plan, will head to the president’s desk for his signature on Friday in a final step before becoming law. While most Americans are focused on getting their $1,400 stimulus checks, it’s the extension of the child tax credit in the relief legislation that really stands out as revolutionary policy, according to Pamela Stone, professor of sociology at… Source link

The $1.9 trillion stimulus plan based on President Joe Biden’s proposal and passed by both chambers of Congress includes four key tax improvements that would help Americans in various income brackets. The plan would change the child tax credit, child and dependent care tax credit, the earned income tax credit (EITC), and taxes on unemployment benefits, helping to alleviate some of financial stress from the coronavirus pandemic and economic shutdowns. Read more: Here’s how you should use your… Source link

As a sense of unease and dysfunction hovers over the relationship between Russell Wilson and the Seahawks, a persistent question emerges regarding the aftermath of a potential trade. If Wilson goes, who replaces him at quarterback? The Seahawks don’t keep a highly-competent backup on the roster, surely due in part to the fact that Wilson never misses games. There’s also a vague notion that coach Pete Carroll’s “always compete” mantra doesn’t apply to the QB1 position. (It will be… Source link