Jonathan Wong
The Latest
-
X, Formerly Twitter, Introduces $1 Annual Fee for New Registrations
In a move that has taken many by surprise, X, the platform formerly known as Twitter, has announced its decision to charge new users a $1 annual fee. This decision comes after Elon Musk, the owner of X, had previously hinted at the possibility of introducing a charge for users of the platform. 
In a move that has taken many by surprise, X, the platform formerly known as Twitter, has announced its decision to charge new users a $1 annual fee. This decision comes after Elon Musk, the owner of X, had previously hinted at the possibility of introducing a charge for users of the platform. -
IRS Introduces Free Direct File Pilot Program in 13 States Amidst Tax Overhaul: Who will be eligible?
IRS Introduces Direct File Pilot Program in 13 States Amidst Tax Overhaul In a significant move towards modernizing the tax filing process, the Internal Revenue Service (IRS) has announced the launch of its Direct File pilot program for the 2024 tax season. This initiative, which will be available to select taxpayers in 13 states, is part of the IRS's broader effort to overhaul its operations and provide more streamlined services to the public. ![Cryptocurrency Taxes In the US: A Beginner's Guide [Updated 2022]](https://datacdn.btimesonline.com/data/thumbs/full/126681/346/195/50/40/cryptocurrency-taxes-in-the-us-a-beginners-guide-updated-2022.png)
IRS Introduces Direct File Pilot Program in 13 States Amidst Tax Overhaul In a significant move towards modernizing the tax filing process, the Internal Revenue Service (IRS) has announced the launch of its Direct File pilot program for the 2024 tax season. This initiative, which will be available to select taxpayers in 13 states, is part of the IRS's broader effort to overhaul its operations and provide more streamlined services to the public. -
Wisconsin Senate Approves $2 Billion Tax Cut, Evers' Veto Expected
The Republican-controlled Wisconsin Senate has passed a $2 billion income tax cut. This decision is part of a broader package that also addresses child care costs. However, the package's future remains uncertain, as Democratic Governor Tony Evers is widely expected to veto it. 
The Republican-controlled Wisconsin Senate has passed a $2 billion income tax cut. This decision is part of a broader package that also addresses child care costs. However, the package's future remains uncertain, as Democratic Governor Tony Evers is widely expected to veto it. -
Rolls-Royce to Eliminate 2,500 Jobs Globally in Major Restructuring Move
Rolls-Royce, the renowned engineering giant, has announced its intention to eliminate up to 2,500 positions worldwide. This decision is part of the company's broader strategy to establish a "more efficient and effective" organization. 
Rolls-Royce, the renowned engineering giant, has announced its intention to eliminate up to 2,500 positions worldwide. This decision is part of the company's broader strategy to establish a "more efficient and effective" organization. -
Bank of America Sees 10% Profit Rise Amid Strong Wall Street Performance
Bank of America has reported a 10% rise in its third-quarter profits. The Charlotte, North Carolina-based banking giant announced earnings of $7.8 billion, with revenue climbing 2.9% to reach $25.32 billion. This performance surpassed analysts' expectations, with the bank's shares rising 1.4% in premarket trading. 
Bank of America has reported a 10% rise in its third-quarter profits. The Charlotte, North Carolina-based banking giant announced earnings of $7.8 billion, with revenue climbing 2.9% to reach $25.32 billion. This performance surpassed analysts' expectations, with the bank's shares rising 1.4% in premarket trading. -
Ford's Urgent Plea to UAW Amid Strike: The Future of American Auto Industry at Stake
Ford Motor Executive Chair Bill Ford issued a fervent appeal on Monday, urging the United Auto Workers (UAW) to conclude their ongoing strike, emphasizing the potential repercussions not just for Ford but for the entire American automotive sector. 
Ford Motor Executive Chair Bill Ford issued a fervent appeal on Monday, urging the United Auto Workers (UAW) to conclude their ongoing strike, emphasizing the potential repercussions not just for Ford but for the entire American automotive sector. -
Goldman Sachs Expresses Regret Over Apple Card Partnership
Goldman Sachs, a leading global investment banking, securities, and investment management firm, has reportedly been grappling with its decision to partner with Apple on the Apple Card. The bank's venture into the consumer finance sector, particularly with the Apple Card, has been marked by significant financial losses and operational challenges. 
Goldman Sachs, a leading global investment banking, securities, and investment management firm, has reportedly been grappling with its decision to partner with Apple on the Apple Card. The bank's venture into the consumer finance sector, particularly with the Apple Card, has been marked by significant financial losses and operational challenges. -
Sam Bankman-Fried's ADHD Medication Controversy Takes Center Stage in FTX Fraud Trial
In a recent development surrounding the FTX fraud trial, Sam Bankman-Fried's legal team has raised concerns about their client's ability to meaningfully participate in the trial due to a lack of access to his prescribed ADHD medication, Adderall. The defense asserts that without the medication, Bankman-Fried, the founder of the cryptocurrency exchange FTX, struggles to concentrate during court proceedings, potentially compromising his ability to defend himself. 
In a recent development surrounding the FTX fraud trial, Sam Bankman-Fried's legal team has raised concerns about their client's ability to meaningfully participate in the trial due to a lack of access to his prescribed ADHD medication, Adderall. The defense asserts that without the medication, Bankman-Fried, the founder of the cryptocurrency exchange FTX, struggles to concentrate during court proceedings, potentially compromising his ability to defend himself. -
Rite Aid Files for Bankruptcy Amid Mounting Debt and Legal Troubles
In a significant development for the retail pharmacy industry, Rite Aid Corp, one of the nation's most recognized drugstore chains, has filed for Chapter 11 bankruptcy protection. This move comes as the company grapples with a challenging environment for drug stores, intensified by its secondary status to larger chains and costly legal battles over allegations of filling unlawful opioid prescriptions. 
In a significant development for the retail pharmacy industry, Rite Aid Corp, one of the nation's most recognized drugstore chains, has filed for Chapter 11 bankruptcy protection. This move comes as the company grapples with a challenging environment for drug stores, intensified by its secondary status to larger chains and costly legal battles over allegations of filling unlawful opioid prescriptions. -
U.S. Tightens Grip on AI Chip Exports to China Amid National Security Concerns
In a move that underscores the escalating technological rivalry between the U.S. and China, the U.S. government is poised to roll out new regulations aimed at curbing American chipmakers from selling certain artificial intelligence (AI) chips to China. This initiative is designed to bolster export controls and safeguard national security. 
In a move that underscores the escalating technological rivalry between the U.S. and China, the U.S. government is poised to roll out new regulations aimed at curbing American chipmakers from selling certain artificial intelligence (AI) chips to China. This initiative is designed to bolster export controls and safeguard national security.
