Companies

Will Bitcoin hit all-time highs again in 2024?

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Will Bitcoin hit all-time highs again in 2024?

Bitcoin is expected to hit fresh all-time highs in the coming months, with the CEO of deVere Group predicting that the cryptocurrency will surpass its previous record high of ,800. Factors such as the recent halving event reducing the supply of new Bitcoin issuance and the launch of new Bitcoin exchange-traded funds outside the US are expected to drive up the value of Bitcoin. The CEO believes that despite short-term fluctuations, Bitcoin’s long-term trajectory is upward and that it will achieve new price heights in 2024.

Murphy wants business tax to aid NJ Transit. Business group says use sales tax revenue

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Murphy wants business tax to aid NJ Transit. Business group says use sales tax revenue

NJ Transit’s board approved a fare increase of 15% on July 1 and 3% every year after that.

K-Battery Companies Worried about OECD’s New Global Minimum Tax Policy

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K-Battery Companies Worried about OECD's New Global Minimum Tax Policy

The global minimum tax policy imposes a minimum corporate tax of 15 percent on multinational companies with annual global revenue exceeding 1 trillion won.

Property tax company Ownwell refuses to defend itself from charges by competitors

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Property tax company Ownwell refuses to defend itself from charges by competitors

A property tax company called Ownwell in North Texas is offering to file homestead designation paperwork for homeowners for free, but then charges 25% of the savings from homestead exemptions. The company has been criticized for making false promises and misstating the pricing of its competitors. The Better Business Bureau revoked Ownwell’s A+ rating in February. It is advised to make sure you have a homestead exemption on your primary residence and not fall for deceptive practices during the property tax season.

Why Spain’s Prime Minister Sanchez is taking a break from public duties

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Why Spain’s Prime Minister Sanchez is taking a break from public duties

Spanish Prime Minister Pedro Sanchez has decided to suspend his public duties until next week to consider whether he wants to continue leading the government after a court launched a preliminary investigation against his wife, Begona Gomez. The court is investigating allegations of influence peddling and business corruption against Gomez, who is accused of using her influence to secure sponsors for a university master’s degree course. Sanchez has defended his wife, claiming she has done nothing illegal and is being attacked to weaken him politically and personally. The outcome of this investigation could lead to Sanchez remaining as prime minister, resigning, or facing a confidence vote. In Spain, corruption cases involving politicians and their associates are not uncommon, with high-profile scandals resulting in convictions.

€300 mln Bank of Cyprus green bonds oversubscribed

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€300 mln Bank of Cyprus green bonds oversubscribed

Bank of Cyprus issued its first green bond, raising €300 million to fund renewable energy projects, climate-friendly buildings, and transport. The bond was more than four times oversubscribed, with the orderbook reaching €1.3 billion.

Hellenic Bank confirms talks to acquire CNP Cyprus for , €182 million

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Hellenic Bank confirms talks to acquire CNP Cyprus for , €182 million

Hellenic Bank has entered into exclusive negotiations and a put option with CNP Assurances for the acquisition of its subsidiary CNP Cyprus Insurance Holdings Limited, which operates in Cyprus and Greece.

Corporate Taxes And Public Transportation: Debate Rages In New Jersey

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Corporate Taxes And Public Transportation: Debate Rages In New Jersey

New Jersey is considering raising taxes on businesses that earn more than million per year to create a dedicated funding source for NJ Transit, which is facing a financial shortfall. Business lobbyist groups are pushing against the proposal, arguing that it could lead to companies leaving the state or making investments elsewhere. Advocates for the tax increase argue that it would only apply to the top 1 percent of corporate filers and that these companies have benefited from tax cuts in the past.

EDITORIAL: Biden tax plan would pummel average Americans

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EDITORIAL: Biden tax plan would pummel average Americans

President Joe Biden’s 2025 budget blueprint includes plans to increase corporate taxes, which could ultimately cost low- and middle-income Americans more money than if their income tax rates were raised. This plan, straight out of the Bernie Sanders handbook, aims to go after corporations but could have negative effects on consumers, employees, and investors. The budget also includes record spending and soaring debt, despite promises not to increase taxes on those earning less than 0,000 a year.