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☆ In Lahaina, one resident's daily trip to her burnt-out home to feed her cats
▼ + stars: | 2023-08-23 | by ( Liliana Salgado | ) www.reuters.com time to read: +1 min

LAHAINA, Hawaii, Aug 23 (Reuters) - There's nothing left of what used to be her home. But Susie Richter still travels every morning to the burnt-out shell of her house in Lahaina, Hawaii, to feed her three cats, who survived the blaze that devastated Maui earlier this month. The main fire-damaged areas of Lahaina remain closed to residents, but some of the structures in Richter's neighborhood are still standing, so she is permitted to enter through a checkpoint. [1/3]Susie Richter feeds one of her three cats that survived the Lahaina fire, Hawaii, U.S., August 22, 2023. "But the little, little bits of joy - I'll take any good news I can get."

Persons: Susie Richter, Liliana Salgado, Richter, Rosalba O'Brien Organizations: REUTERS, Thomson Locations: LAHAINA, Hawaii, Lahaina , Hawaii, Maui, Lahaina, Richter's, U.S

☆ California’s heavy rains deliver hope of a lifeline for one devastated industry – rice
▼ + stars: | 2023-02-16 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +8 min

After years of drought, California has received an epic amount of rain already in 2023. The Sacramento Valley is the hub of California’s rice production. During the seed planting and growing season, which runs from March through August, farmers flood rice fields with up to five inches of water. The way the rice business goes is how the economy goes,” Ponciano said. “After harvest season, the sky over the rice fields would be filled with geese and ducks,” he said.

☆ Hungary's Richter expects to pay $74.44 million in windfall taxes in 2022
▼ + stars: | 2022-12-27 | by ( ) www.reuters.com time to read: +1 min

Companies Richter Gedeon Vegyeszeti Gyar Nyrt FollowBUDAPEST, Dec 27 (Reuters) - Hungarian drugmaker Richter expects (GDRB.BU) to pay about 28 billion forints ($74.44 million) worth of extra taxes this year, it said on Tuesday, hit by tax hikes on big businesses to plug budget holes. Prime Minister Viktor Orban's government announced on Friday that a windfall tax imposed on drug producers based on net revenues in 2022 and 2023 would increase progressively, rising to 8% on net revenues exceeding 150 billion forints ($398 million). The 2022 tax take represents some 14% of Richter's nine-month net profit, which more than doubled from the same period a year earlier, boosted by favourable exchange rate effects. "The tax is expected to be accounted under Other expenses thus will proportionally lower the Company's operating profit and free cash-flow for 2022," Richter said in a statement. "Other elements of financial targets set for 2022 and released in the public domain are kept unchanged."

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