Tag: Corporate
McDonald’s closes corporate offices as workers await layoffs
Signage is displayed outside the new McDonald's Corp. headquarters in Chicago, Illinois, U.S., on Monday, June 4, 2018.Bloomberg | Bloomberg | Getty I [...]
Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
USD Coin (USDC) issuer Circle plans to use "corporate resources" to cover the shortfall on its reserves following Silicon Valley Bank's shutdown, said [...]
Biden’s Semiconductor Plan Bets on Federal Aid to Change Corporate Behavior
The administration says the conditions it has attached to $40 billion in new subsidies will help U.S. semiconductor makers compete globally. Some econ [...]
FTX’s Bahamas Unit Commingled Client, Corporate Funds, Liquidators Say
Of the $219.5 million total balance FTX Digital held in banks, $21.5 million has been realized by the liquidators, and a further $54.5 million is pend [...]
Biden will call for a surcharge on corporate stock buybacks in State of the Union
US President Joe Biden will deliver the State of the Union address on Tuesday and some leaks are creeping out. One is that he will call for a surcharg [...]
Otis Worldwide Posts Lower 4Q Sales on Forex Headwinds
By Will Feuer Otis Worldwide Corp. posted lower sales for the fourth quarter as the strong U.S. dollar wiped out gains. The elevator-and- [...]
Invesco Says Forex Decreased 4Q Revenues
By Paulo Trevisani Invesco Ltd. said Tuesday that changes in foreign exchange rates decreased its net revenues by $44.3 million in the fo [...]
NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency
The New York Department of Financial Services, or NYDFS, has released guidelines on how licensed crypto firms should handle customer assets should the [...]
DeFi Protocol Ondo Finance Sets Up Tokenized Corporate Bonds With Over 8% Yield on Stablecoins
On Ondo’s site, the OUSG fund invests in short-term government treasuries, earning 4.2% per annum; the OSTB invests in short-term bonds, earning 5.45% [...]
Treasury Department Outlines Rules for New Corporate Taxes
The preliminary guidance applies to an alternative minimum tax for large corporations and a tax on stock buybacks, which helped fund President Biden’s [...]
Corporate America isn’t afraid of the Fed’s monster rate hikes – Forex Factory
Corporate America isn’t afraid of the Fed’s monster rate hikes Forex Factory
news.google.com [...]
Corporate America has finally taken notice of Web3: US trademark lawyer
This year saw an influx of trademark applications filed by various companies looking to get in on the Web3 action. By November, a total number of 4999 [...]
Japan to Exempt Token Issuers From Corporate Tax on Paper Gains
Project founders will no longer be subject to hefty taxes which forced them abroad from next April onwards.
www.coindesk.com [...]
FTX was an ‘utter failure of corporate controls at every level of an organization’, says CEO
John Ray, who took over as CEO of crypto exchange FTX amid bankruptcy proceedings, has written detailed testimony in preparation for his appearance be [...]
FTX was the ‘fastest’ corporate failure in American history, calls for probe
The United States Trustee handling FTX’s bankruptcy proceedings has referred to the now-defunct exchange as the "fastest big corporate failure in Amer [...]