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In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT Nikos Pekiaridis | Lightrocket | Getty Images Moderna’s new Covid vaccine generated a robust immune response against the now-dominant Eris variant and another rapidly spreading strain of the virus in an early clinical trial, the biotech company said Thursday.  The updated shot is designed to
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In this article BLMN Follow your favorite stocksCREATE FREE ACCOUNT An Outback Steakhouse truck sits parked outside a restaurant in New York. Daniel Acker | Bloomberg | Getty Images Shares of Outback Steakhouse owner Bloomin’ Brands rose 9% in premarket trading Friday after an activist investor disclosed its interest in the restaurant company. Starboard Value
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Getty Images As the year-end approaches, there’s been debate around tax reporting for business transactions on payment apps such as Venmo and PayPal, along with e-commerce companies, such as eBay, Etsy and Poshmark. Some lawmakers are pushing to increase the IRS reporting threshold for Form 1099-K, which covers third-party business payments. Taxpayers who use a payment app to process
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Canada is planning to join the club of countries that, in the past 3 years, introduced a digital services tax (DST) despite U.S. opposition and concerns expressed by Canadian businesses. The country first announced plans for a digital services tax in the 2021 budget, before putting it on pause to see how the OECD global tax
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In this article NVAX MRNA PFE Follow your favorite stocksCREATE FREE ACCOUNT A pharmacist prepares to administer Covid-19 vaccine booster shots during an event hosted by the Chicago Department of Public Health at the Southwest Senior Center in Chicago, Illinois, Sept. 9, 2022. Scott Olson | Getty Images New Covid vaccines from Pfizer, Moderna and
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A CVS pharmacy in Bloomsburg, Pennsylvania. Paul Weaver | LightRocket | Getty Images Check out the companies making headlines during midday trading Thursday. Cisco Systems — Shares of the computer networking giant added 4% after reporting earnings postmarket Wednesday that beat Wall Street’s expectations. Adjusted earnings per share for its fiscal fourth quarter came in
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Even billionaires kick themselves for passing on investment opportunities that turned out to be incredibly lucrative. In Mark Cuban’s case, he regrets not investing in Uber. He was offered the chance to invest at a $10 million valuation by Uber co-founder Travis Kalanick in 2009, and turned it down — because he thought the ridesharing
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Moyo Studio | E+ | Getty Images Social Security benefits provide retirement income for millions of Americans. Because the timing of your claim may impact the size of the benefits you receive, it’s a high-stakes decision. And the results may also affect your spouse or dependents. But sifting through Social Security’s claiming rules may make
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It is difficult to coordinate an international agreement on tax policy. Just ask the Organisation for Economic Co-operation and Development (OECD) how smoothly things have gone with the global tax deal. While implementation of the global minimum tax (Pillar Two) is moving forward in dozens of countries, there is much less tangible success when it
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Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023.  Aly Song | Reuters BEIJING — Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market where people are less willing to open their wallets. JD.com, Tencent and Alibaba this
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