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Search resuls for: "GameChanger"


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☆ Unions press Biden administration to not change EV tax credit rules
  + stars: | 2023-01-20 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
WASHINGTON, Jan 20 (Reuters) - Major unions and public interest and environmental groups are urging President Joe Biden to reject efforts by the European Union and other foreign governments to revise U.S. electric vehicle tax incentives. Foreign governments have been pressing the Biden administration to do more to expand credit eligibility. The letter rejected the suggestion from foreign governments that the EV tax incentives violate World Trade Organization and free trade rules. The EU in December praised the U.S. Treasury Department decision to allow EVs leased by consumers to qualify for up to $7,500 in commercial clean vehicle tax credits. South Korea, Europe and some automakers in December had sought approval from Treasury to use the commercial electric vehicle tax credit to boost consumer EV access.
☆ What millions of student-loan borrowers need to know as 2023 shapes up to be a year of uncertainty for Biden's relief
  + stars: | 2023-01-02 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +7 min
Student-loan borrowers are facing a year of uncertainty in 2023. Broad student-debt relief is up in the air as the Supreme Court will make a decision on its legality. The other lawsuit was filed by two student-loan borrowers who sued because they did not qualify for the full $20,000 amount of debt relief. Student-loan payment resumptionWhen federal borrowers resume payments is entirely dependent on how the legal challenges play out. Reforms to targeted loan forgiveness programsThe summer of 2023 should bring borrowers some changes to specific student-loan forgiveness programs.
☆ Big Pharma may have to reveal government deals in WHO's draft pandemic rules
  + stars: | 2022-11-17 | by ( Jennifer Rigby Emma Farge | Jennifer Rigby | Emma Farge | ) www.reuters.com   time to read: +5 min
LONDON, Nov 17 (Reuters) - Pharmaceutical companies could be made to disclose prices and deals agreed for any products they make to fight future pandemics, under new rules being drawn up by the World Health Organization and reviewed by Reuters. During the pandemic, many deals that governments made with pharmaceutical companies have been kept confidential, giving them little scope to hold drugmakers accountable. A spokesperson for the WHO said it was member states that were driving the current process towards a new agreement. "The process is open, transparent, and with the input from other stakeholders, including any interested stakeholders and public, able to submit comments at public consultations." The draft will be presented to them in full in a meeting on Friday, after being circulated earlier in the week.
☆ Ryanair is booming as flyers ditch pricier airlines
  + stars: | 2022-11-07 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +3 min
The low-cost carrier posted its highest ever half-year profit on Monday, earning €1.37 billion ($1.36 billion) for the six months through September. That beat its previous record high of €1.15 billion ($1.14 billion) in 2019. It carried 95.1 million passengers during the period, up from 39.1 million a year ago. The strong earnings mean the company will reverse pandemic pay cuts for over 90% of its pilots and cabin crew from next month — earlier than planned. “These long-term pay agreements with the vast majority of our people have now delivered fully restored pay 28 months earlier than previously agreed,” O’Leary said.
☆ Livestreaming's explosion has shaken up the creator economy. Here are 12 innovative startups changing how influencers use live video, from commerce to sports.
  + stars: | 2022-10-31 | by ( Tanya Chen | Geoff Weiss | ) www.businessinsider.com   time to read: +2 min
By 2023, Insider Intelligence forecasts there will be 163.4 million viewers of live video in the US alone – a substantial leap over the 126.7 million viewers it estimated in 2019. Beyond de facto streaming platforms like Twitch, Instagram, YouTube, and TikTok, a bevy of startups are seeking to capitalize on this proliferating viewership. As Twitch did for gaming, other players are seeking to create live programming hubs for different interest niches. Moment hosts live podcast recordings from the likes of Tiny Meat Gang, while Philadelphia-based Switchboard Live helps users post their streams on multiple platforms simultaneously. Insider looked at the space to determine the most innovating livestreaming startups today.
☆ 12 companies shaking up the livestreaming sector, from social shopping to digital events
  + stars: | 2022-10-28 | by ( Tanya Chen | Geoff Weiss | ) www.businessinsider.com   time to read: +2 min
Companies are trying to cash in on the practice, and grow it into a viable and stable industry. Here are 12 of the most innovative livestreaming companies to look out for. By 2023, Insider Intelligence forecasts there will be 163.4 million viewers of live video in the US alone – a substantial leap over the 126.7 million viewers it estimated in 2019. Others are looking to provide a space for the kinds of live events that have waned amid COVID. Insider looked at the space to determine the most innovating livestreaming startups today.
☆ U.S. recession would not be a gamechanger for the Federal Reserve, Amundi says
  + stars: | 2022-10-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. recession would not be a gamechanger for the Federal Reserve, Amundi saysDidier Borowski, head of global views at Amundi, discusses the Federal Reserve’s monetary policy outlook and his views on the U.K. economy amid another Conservative Party leadership contest.
☆ Porsche's blockbuster IPO is no 'gamechanger' for Europe's battered markets
  + stars: | 2022-09-28 | by ( Lucy Raitano Andres Gonzalez | Lucy Raitano | Andres Gonzalez | ) www.reuters.com   time to read: +5 min
As market volatility persists amid Europe's energy crisis and worsening economic forecasts, companies are holding off on their plans to go public. Register now for FREE unlimited access to Reuters.com Register"One transaction alone cannot re-open the floodgates of IPO executions. This requires more predictable macro and reduced equity market volatility," said Antoine de Guillenchmidt, co-head of EMEA Equity Capital Markets at Goldman Sachs. Going forward, as interest rates continue to rise and companies look for financially efficient ways of refinancing their balance sheets, equity capital markets are likely to see a surge in convertible bond activity. "We will see many more convertibles and mandatory convertible instruments because some issuers don't have many alternatives, and investors are still very keen," said Andreas Bernstorff, head of equity capital markets at BNP Paribas.
☆ 2 GOP lawmakers are looking into whether Biden's student-loan forgiveness is a 'serious ethics violation' and benefits staffers who helped craft the policy
  + stars: | 2022-09-16 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +4 min
GOP Reps. Foxx and Comer want investigations into the ethics of Biden's student-loan forgiveness. They're concerned that the staffers who helped craft the policy could stand to benefit from it. The White House has not yet given a direct response to Foxx and Comer's concerns. —Oversight Committee Republicans (@GOPoversight) September 15, 2022Since Biden announced the debt relief, Republicans have been on the offense, pursuing many routes to attempt to prevent the loan forgiveness from coming to fruition. Amid GOP pushback, Democratic lawmakers are blasting Republicans for trying to take relief away from millions of working Americans.
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