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U.K. Announces Windfall Tax on Oil and Gas Profits

Business NY Times - May 26, 2022

The tax on the “extraordinary” profits of oil and gas companies is expected to raise 5 billion pounds and help fund £15 billion in payments to households. » mehr lesen

Substack Drops Fund-Raising Efforts as Market Sours

Business NY Times - May 26, 2022

Amid an industrywide downturn, venture investors are preaching austerity and halting new deals, particularly for companies that have spent aggressively on growth. » mehr lesen

Icahn’s Loses Clash With McDonald’s Over Pig Welfare

Business NY Times - May 26, 2022

The activist investor had nominated two directors to the company’s board as part of an animal welfare campaign. » mehr lesen

Are Defenders the New Monteros? If So, What’s Next?

Business NY Times - May 26, 2022

Buyers have been turning to cheaper substitutes and finding, to their surprise, that some are the equal of the more established collectible. » mehr lesen

Bus Maker Settles Fraud Case Tied to Government Contract

Business NY Times - May 26, 2022

The company, New Flyer, a supplier to Los Angeles County, was accused of not fulfilling a commitment to create jobs that paid agreed-upon wages and benefits. » mehr lesen

Where the Ice Cream Cones at Dairy Queen and Mister Softee Come From

Business NY Times - May 26, 2022

Joy Baking Group has cornered much of the market with one guiding principle: When it comes to cones, people want what they know. » mehr lesen

South Korean Workers Turn the Tables on Their Bad Bosses

Business NY Times - May 26, 2022

“South Koreans live with an enormous tolerance for abuse” from the powerful, said one famously bullied advocate. A backlash has erupted. » mehr lesen

Gen Zers Are Buying Homes. Here’s Where They’re Looking.

Business NY Times - May 26, 2022

Priced out of large metro areas, many young adults are seeking mortgages in midsize cities, new research shows. » mehr lesen