Banking, Business, Economy

“IRS commissioner indicates AI will play growing role in future tax collection”

“You can’t spell Internal Revenue Service without AI, and its commissioner, Danny Werfel, offered a vision this week for how the tax collecting agency intends to use artificial intelligence in the not-too-distant future. Werfel, in remarks made April 17 at UiPath… Continue Reading…

Business

“Express files for bankruptcy, plans to close nearly 100 stores as investor group looks to save the brand”

“Longtime mall retailer Express filed for Chapter 11 bankruptcy protection in Delaware federal court on Monday, but a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it.  Express, whose portfolio includes its… Continue Reading…

Business

“Centuri Up 10% After Raising $315 Million in IPO, Icahn Deal”

“…Shares in the infrastructure services business of power company Southwest Gas Holdings Inc. closed at $23.13 each on Thursday in New York, after a deal priced at $21 per share to raise about $314.8 million in total. Centuri sold 12.4… Continue Reading…

Business, Stocks

“United Airlines jumps 17% on strong earnings forecast, cuts 2024 fleet plan on Boeing delays”

“United Airlines shares surged more than 17% Wednesday to a seven-month high after the carrier forecast second-quarter earnings well ahead of Wall Street estimates despite ongoing delivery delays from Boeing. The airline expects to post earnings of between $3.75 and $4.25… Continue Reading…

Business, Stocks

“Whistleblower says Boeing should stop production of 787 Dreamliner due to safety issue”

“A Boeing engineer-turned-whistleblower who contends that the aerospace giant’s 787 Dreamliner is unsafe to fly due to assembly flaws doubled down on his claims Tuesday, saying that the plane could fall apart and “drop to the ground” midflight unless the… Continue Reading…

Business

“Americans Throw Away Up to $68 Million in Coins a Year. Here Is Where It All Ends Up.”

“…Americans toss as much as $68 million worth of change each year, according to Reworld. The sustainable-waste processing company is on a treasure-hunt to find it. The company says that in the seven years since it started the effort, it… Continue Reading…

Business

“Bank of America accused of religious and political ‘discrimination’ by ‘de-banking’ or refusing to service Trump supporters, Christian churches and Republican-led states want answers”

“A dozen Republican-led states plan to send a letter to Bank of America demanding an explanation for why it allegedly de-banked Christian and other conservative groups…” https://www.dailymail.co.uk/news/article-13310697/republican-states-bank-america-trump-christian-loan-blocking-discrimination.html  No need to long quotes everyone gets the point. It’s obvious Bank of… Continue Reading…

Business

“Apple loses mantle as world’s biggest phone seller to Samsung as China sales drop”

“Apple has lost its spot as the world’s biggest mobile phone seller after a steep sales drop as South Korean rival Samsung retook the lead in the global market share. Samsung had been the biggest seller of mobile phones for 12 years… Continue Reading…

Business, Economy

“New EPA limits on ‘forever chemicals’ in drinking water could cost $1.5 billion per year to implement”

“… …” https://www.cnbc.com/2024/04/10/forever-chemical-pfas-pfos-regulation-to-cost-1point5-billion-annually-.html This is one time the cost is worth it. The alternative is cancer causing chemicals. No thanks.