Month: April 2021

The stock market is firmly back in bull mode. The S&P 500 is above 4,000 and near a record high, and the Dow is close to an all-time peak, too. But investors should keep smaller American companies in mind, even as they keep throwing money at blue chips like Caterpillar, Chevron and GM. The Russell

For years, world leaders have been trying to launch a historic overhaul of global tax rules, aiming to tackle an unwieldy system rife with loopholes long exploited by big business. That goal may finally be in sight. The Biden administration’s decision to back a global minimum corporate tax rate while it pushes a massive $2

Faced with major blowback over its $2 trillion infrastructure proposal, the Biden administration is rolling out a campaign to justify why it needs to hike corporate taxes to fund the massive plan. Noting that corporate tax collections have fallen to their lowest level since World War II, Treasury Secretary Janet Yellen said Wednesday that Republicans’

Wednesday morning, Slack rolled out a feature to let its users message people at other companies. By Wednesday afternoon, it was walking the feature back and making changes to prevent harassment after people pointed out that it could be used to send unsolicited DMs and perhaps even abusive emails. The feature is part of Slack

The world’s largest asset manager could soon be paying less to borrow money if it meets diversity goals and boosts its sustainable investing. BlackRock has for the first time linked the cost of tapping bank lending to three metrics: how many women are in senior roles, Black and Latino employment, and how much it invests