Tag Archives: rule

SEC adopts landmark climate rule — here’s what that means for public companies

SEC adopts landmark climate rule — here’s what that means for public companies

For the first time, US public companies will be required to tell investors about their exposure to climate risks and greenhouse gas emissions. On Wednesday, the Securities and Exchange Commission approved requiring US-listed companies to communicate how they are managing material risks related to climate change and how those risks affect their bottom lines. Large companies will also be required to disclose their direct emissions from their operations and energy use, known as Scope 1 and… Source link

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Club’s happy hour rule outrages Aussies: ‘Defeats the purpose’

Club’s happy hour rule outrages Aussies: ‘Defeats the purpose’

There are few surprises more pleasant than rocking up to a pub and realising it’s still happy hour, with it fair to presume many Aussies would buy more than one drink to get their money’s worth. However one venue is stopping drinkers taking too much of an advantage from the discounted prices, and will penalise them by taking away a full drink if their happy hour rule is broken. A customer visiting St George Motor Boat Club in Sydney‘s south spotted a sign on his table detailing the ‘no drink… Source link

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EU court adviser sides with Google, Amazon in Italian rule spat

EU court adviser sides with Google, Amazon in Italian rule spat

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google, Amazon and Airbnb need not comply with an Italian rule requiring them to provide information on the companies as they are already subject to laws in Ireland and Luxembourg where they are located, an adviser to Europe’s top court said on Thursday. The spat between the companies and the Italian government concerned a regulation obliging online service providers operating in Italy to join a register and submit various information as well as… Source link

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New retirement withdrawal rule is a boon for wealthy seniors

New retirement withdrawal rule is a boon for wealthy seniors

New retirement rules in legislation signed by President Biden in December contain a handful of changes to required withdrawals from retirement accounts that score big brownie points with well-heeled seniors. The new law ramps up the age you must start withdrawing required minimum distributions, or RMDs, from individual retirement accounts (IRAs), 401(k)s, and 403 (b) plans, to 73 this year, up from 72. That requirement will leap to age 75 in 2033. Another provision eliminates RMDs from Roth… Source link

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New retirement withdrawal rule could backfire in costly way

New retirement withdrawal rule could backfire in costly way

A new law increasing the age you must withdraw from your retirement accounts may come with some unexpected and expensive consequences. President Biden inked in December pushes the age that retirees must start taking required minimum distributions, or RMDs, from IRAs, 401(k)s, and 403(b) plans, to 73 this year, up from 72. That will bump up higher to age 75 in 2033. The delay allows investments to grow tax-free even longer and offers a window to sock more tax-deferred dollars away. But… Source link

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Apple, Google ask appeals court for another chance to nix patent rule

Apple, Google ask appeals court for another chance to nix patent rule

Summary Companies Law firms Apple, Google, Intel challenged PTO rule on discretion to deny challenges PTAB reviews dropped after rule took effect (Reuters) – A U.S. appeals court on Thursday heard a bid by Apple Inc, Google Inc, Intel Corp and others to revive their challenge to a U.S. Patent and Trademark Office policy that made it harder to contest the validity of patents issued by the agency. A three-judge panel of the U.S. Court of Appeals for the Federal Circuit had pointed questions for both… Source link

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Why Tesla, GM to benefit from Treasury’s EV tax credit rule delay

Why Tesla, GM to benefit from Treasury’s EV tax credit rule delay

Big news out of the federal government could be a big boon for certain automakers. The Treasury Department said yesterday it would delay releasing proposed guidance regarding the sourcing of EV batteries that are part of the Inflation Reduction Act’s (IRA) new $7,500 EV tax credit. The IRA’s rules regarding the EV tax credit require that $3,750 of the credit is only eligible if 40% of the value of the critical minerals in the battery have been “extracted or processed” in the U.S., or a… Source link

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