Retirees who have the most money pay the most in taxes, according to a recent working paper, but they’re not necessarily rich. “Most of the tax burden is carried by the top quintile of households,” Anqi Chen, co-author and assistant director of savings research at the Center for Retirement Research at Boston College, told Yahoo Money. But “it’s important to keep in mind that when we think about the top quintile of households — the top 20% — they’re not the super wealthy.” Read… Source link
Read More »One year since President Trump signed CARES Act into law
The Daily Beast Health-Care Workers Are Bragging on TikTok About Forging Vax Cards Illustration by Elizabeth Brockway/The Daily BeastBefore she wiped her page on Tuesday, TikTok user hann.brooke95 hadn’t been shy about sharing even the most mundane details of her life with her 19,400 followers.She posted TikToks of herself cooking while breastfeeding, the can of beans she was using for nachos and even the painstaking process of transferring her license as a pharmacy tech from Florida to… Source link
Read More »Google will invest $25 million in Georgia this year as it plans to hire more workers in the state
Google’s Atlanta expansion is part of a $7 billion nationwide expansion by the company this year, which includes hiring 10,000 new full-time workers. A company spokeswoman declined to provide a breakout of how many new jobs Google will create in Atlanta this year. Atlanta has rival suitors on the East Coast for future Google projects. Google said last week that it will boost the size of its investments and hire more workers at existing offices in Boston, Pittsburgh and Washington, D.C.
Read More »Google Adding 10,000 Jobs This Year, Including Some In Chicago
FULTON MARKET — Google is gearing up to hire 10,000 workers across the country this year, including some in its expanding Chicago offices. Throughout 2021, Google plans to create the 10,000 full-time Google jobs in the U.S. as part of a $7 billion investment in offices and data centers nationwide, the company recently announced. “I believe a lasting economic recovery will come from local communities, and the people and small businesses that give them life,” said Sundar Pichai, CEO of… Source link
Read More »Google to invest $7 billion in U.S. offices, data centers this year
(Reuters) – Alphabet Inc’s Google will invest $7 billion in offices and data centers across the U.S. this year, down from the $10 billion last year, and create 10,000 new full-time jobs as it takes on a pandemic-driven surge in internet traffic. The latest investment includes expansion plans for data centers in Nebraska, South Carolina and Texas, and its offices in Atlanta, D.C., Washington, Chicago and New York. Google is also spending $1 billion in its home state of California. The move… Source link
Read More »Google is ready to hire in Chicago as part of plan to add 10,000 workers nationally this year
“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
Read More »Google Play drops commissions to 15% from 30%, following Apple’s move last year
Google will lower its Play commissions globally for developers that sell in-app digital goods and services on its marquee store, the company said, following a similar move by rival Apple late last year. The Android-maker said on Tuesday that starting July 1, it is reducing the service fee for Google Play to 15% — down from 30% — for the first $1 million of revenue developers earn using Play billing system each year. The company will levy a 30% cut on every dollar developers generate through… Source link
Read More »Ocugen Plans To Sell 100M Covaxin Doses In US This Year: Reuters – Yahoo Finance
Bloomberg ARKK Copycat Is Beating Cathie Wood’s Original by 10-Fold (Bloomberg) — A tiny ETF tracking innovative companies is quietly outpacing one of the most famous investments on Wall Street.The Direxion Moonshot Innovators ETF (MOON) has risen 39% this year, compared to ARK Innovation ETF’s 3.5% gain, according to data compiled by Bloomberg.Cathie Wood’s flagship fund, known by its ticker ARKK, became one of the top-performing exchange-traded funds in the past year thanks to big… Source link
Read More »AMC Entertainment CEO Reflects On Wild Pandemic Year, Goodbyes To Stakeholders Wanda And Silver Lake
Dalian Wanda, which acquired AMC Entertainment in 2012, surrendered control of the struggling exhibitor as it issued and sold tranches of new stock to raise cash — diluting the stake of the Chinese conglomerate. CEO Adam Aron confirmed the Wanda era was over although the company continues to be AMC largest single largest shareholder. Wanda holds less than 10% of the world’s biggest cinema chain. “They have been absolutely delightful,” he said on a post-earnings conference call… Source link
Read More »How Yahoo News reached 1 million followers on TikTok in 1 year » Nieman Journalism Lab
Picture Yahoo users and you probably envision a group that’s older and a bit less digitally savvy than those relying on, say, Google’s suite. (The research says you’re not wrong.) On TikTok, in contrast, 63% of users are younger than 30 — including 33% still in their teens. So you might be thinking: Yahoo News? On TikTok? But here’s the interesting thing. Yahoo News (which has long been one of the most-used online news brands in the U.S. and around the world, even if you don’t… Source link
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