The U.S. housing market accelerated in March despite elevated mortgage rates reducing some of the affordability improvement the market had recently seen, according to a…
Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, joining Oracle…
The leader of a trade group that represents most major automakers called on the federal government to eliminate its gasoline tax and replace it with a vehicle fee to finance road infrastructure needs. Alliance for Automotive Innovation CEO John Bozzella, whose group represents automakers such as General Motors, Toyota, Volkswagen, Hyundai…
Tech giant Meta is planning to move forward with laying off about 200 employees in the San Francisco Bay Area. The company’s layoffs will affect 124 employees from its site in Burlingame, California, along with 74 in Sunnyvale. Those cuts are expected to take effect in late May, with the…
Tax planning is complicated enough in one country. Add a second, and things get more complex in a hurry. Overlapping tax obligations, foreign reporting requirements, and the risk of being taxed on the same income twice all come into play. Whether you’re a U.S. resident earning income abroad, a business…
The parent company of luxury retailer Saks announced on Thursday that it entered into a restructuring agreement with its capital partners who committed to provide $500 million in financing when the company emerges from bankruptcy. Saks Global Enterprises filed for Chapter 11 bankruptcy protection in January after it missed a…
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Los Angeles County, once the symbol of American prosperity and Hollywood dreams, has earned the title of the nation’s leader in population loss. The latest U.S. Census data shows shows that between July 1, 2024,…
