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    In this article GOOGLThe logo of Google Play is seen on a screen.Alexander Pohl | NurPhoto | Getty ImagesWall Street analysts on Monday began to provide early reactions into how a recent ruling in Epic's lawsuit against Apple might impact Google. On Sept. 10, a judge ruled Apple can't prohibit developers from giving consumers links to pay for in-app purchases...
    In this article ORCLOracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual convention runs through September 19.Justin Sullivan | Getty ImagesOracle shares fell as much as 3% in extended...
    Toast's restaurant technologyToast Toast is gearing up for an IPO next week that could value the restaurant-tech company at more than $16 billion — that's about double its valuation from a secondary share sale last November. The company has taken a very uneven path to the New York Stock Exchange. Prior to the Covid-19 pandemic, Toast was thriving by selling...
    Capitol Police arrest man carrying machete, bayonet in truck near DNC headquarters Julius Jones death sentence in 1999 Oklahoma murder should be commuted, panel finds WASHINGTON — House Democrats unveiled Monday a series of proposals to fund the party's upcoming priorities with a series of tax hikes on the wealthiest Americans and corporations.  Biden announces sweeping new vaccine rules...
    MINNEAPOLIS (WCCO) — The Minnesota Department of Revenue has started processing Unemployment Insurance and Payback Protection Program (PPP) refunds that have been delayed due to tax law changes, the agency announced Monday. Staff from the revenue department and Minnesota IT Services have been working to update 2020 tax forms to reflect law changes made in July, as well as...
    (CNN)Democrats have been waiting for years to reimagine the tax code so that, in their words, the wealthy are paying their "fair share" and working and poor families aren't disproportionately hit with the tax burden. But overturning key pieces of the GOP's 2017 tax law -- a boon for businesses that lowered individual and corporate taxes -- won't happen without...
    Maskot | Maskot | Getty ImagesCompany: Vonage Holdings Corp. (VG) Business: Vonage is a collection of three main businesses: (i) the legacy consumer VOIP business; (ii) Application Programing Interface (API) business, which helps companies communicate to their customers through text messaging and (iii) Cloud-based Enterprise Communication as a Service business (CaaS). Stock Market Value: $3.6B ($14.48 per share)Activist: Jana PartnersPercentage...
    In this article AAPLTim CookSource: AppleApple's App Store revenue is made up almost entirely of users playing games, according to a court ruling released Friday that concluded Epic Games failed to prove Apple is a monopolist. According to the ruling, gaming apps account for approximately 70% of all App Store revenue. That 70% is generated by less than 10% of...
    They include federal contractors, real estate companies, mortgage lenders, cybersecurity firms and more. At last, we get to share with you the names of the companies that made our annual Fastest Growing Companies List for 2021. As you’re no doubt aware, that was no easy feat this time, considering the tumultuous year that was 2020. But we kept...
    Revenue from legalized sports betting in D.C. has fallen short of expectations, in part because gamblers don’t have a lot of options when it comes to placing those bets, according to a Sept. 9 report by the Office of the District of Columbia Auditor (ODCA). ODCA found that sports gambling in D.C. is largely confined to the city’s GambetDC mobile...
    Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey, U.S., on Wednesday, Dec. 9, 2020.Gabby Jones | Bloomberg | Getty Images Affirm reported better-than-expected fiscal fourth-quarter results after the bell on Thursday, including solid guidance and 71% revenue growth. The stock soared more than 20% in extended trading following...
    Wealthy Americans owe approximately 28% of all back taxes and have avoided paying an estimated $163 billion each year, according to a new report published by the U.S. Department of the Treasury. According to The New York Times, the Treasury found the top 1% of the United States' ultra-wealthy that have avoided paying taxes is "pushing the estimated tax...
    DALLAS (AP) — Several leading U.S. airlines warned Thursday that the rise in COVID-19 cases due to the delta variant is hurting their bookings and further delaying a recovery for the travel industry. American Airlines said a slowdown that started in August has continued into September, and the airline further lowered its outlook for third-quarter revenue. In another regulatory filing,...
    Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021.David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Lululemon — Shares of the athletic retailer surged more than 10% in after hours trading on Wednesday after reporting fiscal second-quarter profit and revenue that topped...
    In this article LULUA Lululemon Athletica store in Pasadena, California.Getty ImagesLululemon shares jumped nearly 9% in extended trading Wednesday after the athletic apparel maker reported fiscal second-quarter profit and revenue that topped analysts' expectations. The retailer also offered a better-than-expected outlook for the third quarter and for the year. Here's how the company did compared with what Wall Street was...
    At first blush, Missouri’s revenue report that charts a 3% decline in overall state general revenue collections in August compared to July should set off alarm bells. According to the August 2021 General Revenue Report from Missouri State Budget Director Dan Haug, net general revenue collections for this August was $962.2 million compared to $991.6 million collected by the state...
    BALTIMORE (WJZ) — Maryland’s six casinos brought in just shy of $168.5 million in revenue during August, a 12.6% increase from the same period a year ago when casino capacity was capped at 50% due to the pandemic, the Maryland Lottery and Gaming Control Agency said on Wednesday. Of that, the state received more than $71 million, with a majority...
    In this article GENIGenius Sports.Genius SportsNational Football League data rights partner Genius Sports reported second-quarter earnings Wednesday morning. Revenue doubled year-over-year but it reported a big loss. Shares of Genius Sports were up about 2.5% on Wednesday morning. Genius provides NFL play-by-play stats and Next Generation data for sports gambling companies, allowing the firms to set betting lines, and offer...
    Pilots talk as they look at the tail of an American Airlines aircraft.Mike Stone | Reuters The labor union that represents American Airlines' pilots said Tuesday that it is making plans to picket at the carrier's major hubs this fall to protest overscheduling, fatigue and a lack of hotels for crews over the summer. American and Southwest Airlines' flight attendants'...
    West Virginia’s revenue for August was about $29.9 million above the state’s estimates. “The State of West Virginia continues just to percolate along and do absolutely wonderful,” Gov. Jim Justice said in a statement. “If you'll think back a few years, we had doom and gloom all the time. Now, all I do is continue to report to you good...
                        On Friday, the Legislative Budget Commission accepted a report that indicated Florida’s general revenue collections are projected to be above the pre-pandemic forecasted levels for Fiscal Year 2021-22 and Fiscal Year 2022-23. Also, revenue collections are expected to increase approximately four percent per year throughout the forecast period....
                        Delegate Steve Heretick (D-Portsmouth) is representing plaintiffs in another lawsuit seeking an end to a ban on skill games in Virginia. On September 1, Roanoke-area convenience store operator Falu Patel filed suit claiming that the recently-enact ban violates his constitutional rights; Patel is represented by Heretick and Virginia...
    GENEVA (AP) — European soccer clubs were offered backing from UEFA on Monday to oppose FIFA’s push for biennial World Cups while being promised a “multibillion debt fund” to stabilize their industry in the pandemic. For the first time since the pandemic started and the Super League project collapsed, about 160 members of the European Club Association met to hear...
    There were 55 college football games available for viewing across all broadcast, cable and digital platforms on Saturday, the first full day of the 2021 season. On Sunday, there is only one. On Monday: one. The Pac-12 wants to increase media exposure for its chief export. It should own Labor Day weekend. The Pac-12 needs to generate revenue through creative...
    Photo by Chip Somodevilla/Getty Images Former President Donald Trump is in advanced talks to sell the Trump International Hotel in Washington, D.C., Axios reported on Saturday. According to the report, “Trump would sell the leasing rights to a real estate developer, who in turn would negotiate with hotel companies that would manage the property and rebrand it.” “Trump’s representatives have been in...
                        Gov. Gretchen Whitmer’s (D-MI) State Budget Director Dave Massaron instructed state department heads last week to begin preparing for a possible government shutdown, though Michigan taxpayers may have other concerns to expect from the current budget negotiations. Technically, Michigan state lawmakers are supposed to have passed a full...
    The U.S. Department of the Interior has given final approval for nine tribal casinos in Washington to start offering sports gambling, while agreements with eight other tribes are pending. Washington, however, remains the only state out of 30 that does not realize any tax revenue from tribal gaming. A 2005 compact signed by then-Gov. Christine Gregoire and several...
    In this article MDBVIDEO4:1804:18Watch CNBC's full interview with MongoDB CEO Dev IttycheriaTechCheckWhen IBM agreed to pay $34 billion for Red Hat in late 2018, the deal marked a watershed moment for open-source software, proving that companies could package free tools into highly valuable products. That purchase price may soon look like a quaint relic of the past. On Friday, MongoDB's...
    Visitors crowd around the Nvidia booth at the 2016 China Digital Entertainment Expo, known as ChinaJoy, in Shanghai.STR | AFP | Getty Images Check out the companies making headlines in midday trading. Didi Global — Shares of the Chinese ride-hailing giant climbed 3%, on pace for double-digit gains on the week amid a Bloomberg News report of Beijing potentially taking...
    VIDEO1:2201:22News Update – Pre-MarketsNews Briefing Check out the companies making headlines before the bell: Didi Global (DIDI) – Didi rallied 4.3% in the premarket following a Bloomberg report that Beijing was considering taking a stake in the ride-hailing company and possibly bringing it under state control. It is unclear what size stake Beijing would consider taking in the company. Netflix...
    Stocks that traded heavily or had substantial price changes Thursday: Chewy Inc., down $8.12 to $79.31. The online pet store reported disappointing second-quarter earnings and revenue. Nutanix Inc., up $3.45 to $40.40. The enterprise cloud platform services provider beat Wall Street’s fiscal fourth-quarter earnings and revenue forecasts. Signet Jewelers Ltd., up $4.60 to $85.26. The jewelry store...
    A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.'s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019.Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Five Below — The retail stock tumbled more than 10% after the company reported a quarterly revenue miss....
    WASHINGTON -- For the first time in 39 years, Social Security payments made to retired Americans this year, and every year after, will exceed tax revenues coming into the federal government in the wake of the coronavirus pandemic's economic downturn, according to a new government report.Social Security payments for retired Americans will be exhausted in 2034 - a year earlier...
    In this article AEOA shopper walks past an American Eagle store in the mall.Tim Boyle | Getty Images News | Getty ImagesAmerican Eagle on Thursday posted mixed fiscal second-quarter results, as earnings topped analysts' estimates but sales came up short as its e-commerce business decelerated compared with the prior year. The company, which also owns the Aerie lingerie brand, said...
    In this article CHPT CHWY SIG HRC LE HRL VIDEO0:4900:49Futures point higher after split trading session on WednesdayMorning ReportCheck out the companies making headlines before the bell: Hormel (HRL) – The food producer reported adjusted quarterly earnings of 39 cents per share, matching forecasts, with revenue coming in above estimates. However, Hormel gave a weaker-than-expected full-year outlook, noting the...
    VIDEO3:2503:25One S&P 500 has taken the lead in August, and could continue hot streakTrading Nation Financials led the market in a red-hot rally in August. The sector gained 5% last month, narrowly edging out communications services as the top performer of the S&P 500. "The financials have been incredibly strong. The interest rate situation is very beneficial," Danielle Shay, director...
    A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.'s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019.Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines after the bell. ChargePoint Holdings — ChargePoint, which makes charging systems for electric vehicles, soared more than 13% in...
    In Arizona, Republican Gov. Doug Ducey's staffers pushed a deal to bring major tax refunds to one of his supporters — and now, according to Arizona Republic reporter Craig Harris, the FBI's Public Corruption Unit is investigating. "Grant Nulle, former deputy director at the (Arizona) Department of Revenue, said an FBI agent contacted him in mid-July, shortly after an Arizona...
    Air travelers wait in the ride share lot near a sign for Uber at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California.Mario Tama | Getty Images Check out the companies making headlines in midday trading. Ambarella — Shares of the semiconductor company surged 20% after Ambarella beat expectations on the top and bottom lines for...
    In this article RUN PHIA-NL CRWD AMBA CPB PVH VIDEO1:1901:19News Update – Pre-MarketsNews BriefingCheck out the companies making headlines before the bell: Campbell Soup (CPB) – The food producer beat top and bottom-line estimates for its latest quarter, earning an adjusted 55 cents per share and beating consensus by 7 cents. It issued a fiscal 2022 adjusted earnings outlook...
    A general view of the atmosphere at the TommyXZendaya collection launch event at the Tommy Hilfiger store on March 3, 2019 in London, England. (Photo by David M. Benett/Dave Benett/Getty Images for Tommy Hilfiger)David M. Benett | Getty Images Entertainment | Getty Images Check out the companies making headlines after the bell. CrowdStrike Holdings — Shares of the cybersecurity tech...
    Oklahoma vs. Tulane has been moved because of Hurricane Ida. The Green Wave and Sooners were slated to meet in New Orleans this Saturday, but Hurricane Ida made that not a realistic option. Now, the game is moving to Norman. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football)   View this post on Instagram   A...
    In this article 9999-HK 700-HK China's National Press and Publication Administration said minors will only be allowed to play online games for up to three hours a week. That is a significant reduction from previous rules.Zhang Peng | LightRocket | Getty ImagesGUANGZHOU, China — Shares of China's two biggest gaming players Tencent and NetEase fell on Tuesday after regulators...
    Aug 30 (.) – Zoom Video Communications Inc said demand for its video conferencing service was slowing after last year’s boom caused by the pandemic, sending its shares down 8% in after-market trading. . The company expects revenue in the current quarter of between $ 1.015 billion and $ 1.02 billion, compared to the average analyst estimate of $ 1.013...
    In this article 6694.T-JPZoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019.Kena Betancur | Getty ImagesZoom shares fell more than 8% in extended trading on Monday after the video-calling software maker reported fiscal second-quarter earnings that beat analysts' expectations, but showed slowing growth versus the previous quarter. Here's how the company...
    The IRS announced that interest rates will remain the same for the calendar quarter beginning October 1, 2021. These rates will be: –3% for overpayments (2% in the case of a corporation) –0.5% for the portion of a corporate overpayment in excess of $ 10,000 –3% percent for underpayments –5% percent for underpayments from large corporations. As you well...
    In this article WWEWorld Wrestling EntertainmentWorld Wrestling Entertainment pulled off its top annual event, SummerSlam, in Las Vegas this month and is now looking to line expand global business to reach historic revenue. With its U.S. media rights secure, WWE wants to land global deals for its WWE Network streaming service. Although the world's largest wrestling company dismantled the service...