In the blogs: In with the new

Pre-season checklist; whether carbon taxes; best Twitter bets; and other highlights from our favorite tax bloggers. In with the new Tax Foundation (https://taxfoundation.org/blog): Our favorite opening of the week: “Champagne will flow, ‘Auld Lang Syne’ will be sung, resolutions will be made (and soon forgot, and never brought to mind), and, in a handful of…

Biden pauses new oil and gas leases amid legal battle over cost of climate change

An oil pumpjack (L) operates as another (R) stands idle in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is delaying decisions on new oil and gas leases and permits after a Louisiana federal judge blocked officials from using higher cost estimates of…

Alibaba falls 8% after it reports slowest ever revenue growth and misses expectations

In this article BABA Alibaba’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Qilai Shen | Bloomberg | Getty Images Alibaba on Thursday reported its slowest quarterly revenue growth since going public and missed expectations, but the Chinese e-commerce giant did beat on earnings. Here’s how Alibaba did in its fiscal third-quarter, versus Refinitiv…

Stocks making the biggest moves premarket: Live Nation, SeaWorld, Gannett and others

In this article GCI SEAS LYV BABA MRNA W Check out the companies making headlines before the bell: Live Nation (LYV) – The live event producer’s shares jumped 5.4% in a down market after reporting better-than-expected quarterly revenue and saying it has already sold 45 million tickets for 2022 events even as ticket prices rise…

Russia stocks ETF loses nearly a quarter of its value in one day on invasion of Ukraine

In this article RSX IEV Traders on the floor of the NYSE, Feb. 22, 2022. Source: NYSE The VanEck Russia ETF fell more than 25% at one point in premarket trading on Thursday, shedding a quarter of its already depressed value after Russia invaded Ukraine. The fund was down more than 28% year to date…

Former Education Secretary under Obama calls on Biden to cancel student debt

John King listens to stories at Edgehill Farm September 08, 2019 in Gaithersburg, MD. Katherine Frey | The Washington Post | Getty Images John B. King, Jr., who served as education secretary under former President Barack Obama, has joined a number of other leading government officials calling on President Joe Biden to cancel student debt…

Corporate Income Tax Rates in Europe

European countries—like almost all countries around the world—require businesses to pay corporate income taxes on their profits. The amount of taxes a business ultimately pays on its profits depends on both the corporate tax base and the corporate tax rate. Today’s map shows how statutory corporate income tax rates compare across European OECD countries. Taking…

Civilian flights restricted in Ukraine

An Ukraine International Airlines passenger plane is seen as Turkey’s first official spotter area has been put into service for aviation enthusiasts and photographers at Istanbul Airport in Istanbul, Turkey on June 25, 2021. Mehmet Eser | Anadolu Agency | Getty Images Civilian flights within Ukraine were restricted through the end of Thursday, according to…

Allbirds shares fall as sneaker retailer reports widening losses, despite 23% jump in sales

In this article BIRD A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds shares tumbled in after-hours trading Wednesday as the sneaker retailer revealed mounting costs in the fourth quarter that weighed on profits and overshadowed double-digit…

Stocks making the biggest moves after hours: EBay, Booking Holdings, Allbirds and more

In this article BIRD BBWI REAL EBAY BKNG Signage at eBay headquarters in San Jose, California, U.S., on Monday, Aug. 9, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading: Booking Holdings — Shares of the travel booking site operator rose more than 2% in after-hours…

66% of employers plan to address pay equity this year, survey finds

Filadendron | E+ | Getty Images Companies are paying closer attention to what they pay their employees these days. To that point, 66% of organizations recently surveyed by Payscale said a pay equity analysis is a planned initiative in 2022, a 20% increase over last year. Pay equity is essentially equal pay for work of…