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8willhappen events management
2025-01-10   Author: Hua Erjun    Source: http://admin.turflak.no/cpresources/twentytwentyfive/
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8willhappen events management



Momentus Inc. Announces Reverse Stock SplitUS, which has charged an Adani company of financial hanky-panky, should look into its own track record A US court has charged an Adani company of having allegedly paid “billions of dollars” in bribes to officials of five Indian states to buy electric power supplied by it at inflated rates. As the company in question had raised funds on the US stock exchange, the issue falls within American jurisdiction. The Adani group has denied all accusations of wrongdoing, and students of corporate affairs might find more than a vein of irony in the accusation levelled by the self-proclaimed bastion of capitalism and laissez-faire, a phrase derived from 18th-century French economists, which roughly translates as “Do whatever the heck you want to make money, and don’t let pernickety rules get in your way while you’re doing it”. That was the implicit motto of what history has called the ‘robber barons’ of the late 19th and early 20th centuries who helped to create the economic superpower that America is today. The term ‘robber baron’, which linked thievery with entitled aristocracy, is derived from the medieval German ‘Raubritter’ (Robber Knights), who charged illegal tolls from travellers and resorted to other forms of brigandry. In more recent times the term, translated into English as ‘robber barons’, was first used in 1859 in NYT to describe the business model of an American tycoon of the era, Cornelius Vanderbilt. As a historian put it, the tag “conjures visions of titanic monopolists who crushed competitors, rigged markets, and corrupted governments...” A list compiled in 1934 names 26 robber barons, including Andrew Carnegie, JP Morgan, and John D Rockefeller. In today’s terms, the fortunes of these plutocrats would greatly exceed those of the world’s richest individuals, such as Elon Musk and Jeff Bezos. Through systemic market manipulation, bribery, and worker exploitation, these modern avatars of Midas laid the foundation of American capitalism. In later life several of them became notable philanthropists and patrons of art, education, and culture, earning the rubber stamp of public approval. Or should that be robber stamp?

MIAMI GARDENS, Fla. (AP) — Dolphins coach Mike McDaniel said he was caught off guard by reports early Tuesday that linebacker Shaq Barrett wants to unretire. The two-time Super Bowl winner signed a one-year deal with the Dolphins in March, then abruptly announced his retirement on social media in July, just days before the start of Miami's training camp. “Just to be candid, obviously there's a reason why you target and sign somebody," McDaniel said Tuesday afternoon. “I was fully caught off guard, or caught by surprise this morning as I found out.” McDaniel indicated the Dolphins have not had any conversations with Barrett recently. Miami holds the 32-year-old’s contractual rights. ESPN first reported the news. “It was kind of news as you guys got it,” McDaniel said. He also said he hasn't had a chance to think about Barrett potentially rejoining the team, and that his immediate focus is on Miami's Thursday night game at Green Bay. “The team is counting on me to think about the Packers,” he said. "I'll get with (GM) Chris (Grier), and we'll work through that. There's a ton of implications that go along with it in terms of team and roster stuff, so we'll work through that as we just got the news today.” Barrett has 400 tackles, 59 sacks, 22 forced fumbles and three interceptions in nine seasons — four with Denver and five with Tampa Bay. He was a second-team All-Pro with the Buccaneers in 2019, with a league-high 19 1/2 sacks. The Dolphins waived veteran safety Marcus Maye on Tuesday and activated rookie safety Patrick McMorris from injured reserve. Maye, who signed with the Dolphins in June, played in 11 games with three starts for Miami this season. He had 30 tackles and a tackle for loss. He could re-sign to the team's practice squad if he clears waivers. Maye previously played for New Orleans, but was cut in a money-saving move in March after two seasons with the Saints. Maye's release made room on the roster for McMorris, who was drafted in the sixth round by Miami in April. He began the season on injured reserve because of a calf injury. AP NFL: https://apnews.com/hub/nfl

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate tax products to write unbiased product reviews. Gift tax may apply to gifts of cash or other property. There are several gift tax exclusions, including gifts between spouses. Every taxpayer can give an unlimited number of people up to $18,000 annually in 2024 (and $19,000 annually in 2025) without triggering the gift tax. Federal gift tax may apply when someone gives a gift — of cash or any other type of property — to someone else and receives nothing in return. In some cases, depending on the gift's size, the use of a property or income from a property could trigger gift taxes. Selling something at a greatly reduced cost compared to its value could also be considered a gift. When gift tax applies, the giver is generally responsible for paying, though the recipient may agree to pay the taxes in some situations. 2024 gift tax exclusions and limits Any gifts given to an individual totaling less than $18,000 are not federally taxable for the 2024 tax year. That means you could give up to $18,000 to as many people as you'd like without triggering gift tax or needing to file a gift tax return. In 2025, the $18,000 cutoff increases to $19,000 annually. For married couples who live in community property states or couples who live in common law states and elect to split gifts, the amount for 2024 is $36,000. These taxpayers must always file a gift tax return, known as Form 709 . Gifts that are exempt from gift tax You generally don't need to file a gift tax return for: Gifts worth less than the annual gift exclusion amount Tuition or medical expenses paid directly to an institution Gifts to your spouse Gifts to a political organization Gifts to organizations deemed exempt by the IRS Gifts to a 529 college savings plans in which the contribution is front-loaded and spread over five years When do you need to file a gift tax return? If your gift is larger than $18,000 or $36,000 for a married couple in 2024 and doesn't meet one of the exceptions, then you need to file Form 709 to report it. Married couples cannot file a joint gift tax return even if gifts are split. Each spouse should file a separate return if they make any taxable gifts that exceed the annual exclusion, even if they won't have to pay taxes on them. In 2024, individual taxpayers have a $13.61 million lifetime exemption, up from $12.92 million in 2023. The amount of the gift that exceeds the annual limit each year reduces your lifetime exemption amount. The gift tax return is filed as a record of that reduction. Gifts of real estate, vehicles, cash, stock, or other valuable investments are situations where you may exceed the annual exclusion. Filing Form 709 also helps you establish the cost basis in the gifted property, which will be necessary to determine if you have a gain or loss if you dispose of it in the future. If you do trigger the gift tax, rates start at 18% and go up in increments based on the size of the gift above the annual $18,000 limit. The highest gift tax rate is 40% for taxable gifts over $1 million. Note: In 2026, the lifetime exemption amount will revert to its pre-2018 level of $5 million, adjusted for inflation, unless Congress passes a new tax law. A successful businesswoman gives her niece a $36,000 car for college graduation. What a lucky niece! In this case, a gift tax return would need to be filed, as it is above the $18,000 annual exclusion. There probably won't be any gift taxes due. Chances are, the woman hasn't used up her lifetime exemption. If she had used up her lifetime exemption, she would pay an 18% tax rate on the first $10,000 and a 20% rate on the next $8,000. That's a total of $3,400 in gift tax. Strategies to minimize gift tax If you prefer to make gifts directly to friends and family (other than your spouse), be sure to stay at or below the $18,000 annual limit. If you give more than that to any recipient, you will be required to file a gift tax return to report your reduction in your lifetime exemption. Married couples can take advantage of gift splitting if they file a joint tax return, effectively doubling their annual gift limit to $36,000. For example, say a married couple gifts $35,000 cash to their adult daughter for her thirtieth birthday. In this case, the couple can take advantage of the total gift tax exclusion afforded for spouses and won't owe any gift tax, but they will still need to file Form 709 with their tax return. One way to bypass the annual gift limit is to give directly to medical or educational institutions on behalf of another person. For example, if you want to pay for your grandchild's college tuition but the annual amount far exceeds $18,000, you can pay the school directly and avoid having to file a gift tax return. Note that expenses paid for books, supplies, and room and board are not eligible. Gift and estate taxes can get complicated at higher levels. If you're concerned about triggering gift taxes or minimizing tax on your estate, consult a tax advisor . FAQs on the gift tax No, you don't need to pay taxes on gifts you receive. If gift tax is due, it is the giver's responsibility to pay. Gift taxes are progressive, just like income taxes. Rates range from 18% to 40%, with the top bracket applying to taxable gifts of $1 million or more. Gifts exceeding the annual $18,000 per person limit, or $36,000 for married couples, will reduce the giver's lifetime exemption amount. For example, if a single filer gives $25,000 cash to a friend, $7,000 will be considered taxable. But since the giver has a $13,610,000 million lifetime exemption, the $7,000 gets subtracted from that amount, leaving them with an exemption of $13,603,000. If they make no more gifts until they die, the exemption amount will fully apply to their estate. Real estate/mortgages Taxes Retirement planning Small business finances Banking Budgeting

Trump says he can't guarantee tariffs won't raise US prices and won't rule out revenge prosecutions WASHINGTON (AP) — Donald Trump says he can’t guarantee his promised tariffs on key U.S. foreign trade partners won’t raise prices for American consumers. And he's suggesting once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. The president-elect made the comments in a wide-ranging interview with NBC’s “Meet the Press” that aired Sunday. He also touched on monetary policy, immigration, abortion and health care, and U.S. involvement in Ukraine, Israel and elsewhere. Trump often mixed declarative statements with caveats, at one point cautioning “things do change.” Europe's economy needs help. Political chaos in France and Germany means it may be slower in coming BRUSSELS (AP) — Europe's economy has enough difficulties, from tepid growth to trade tensions with the U.S. Dealing with those woes is only getting harder due to the political chaos in the two biggest European countries, France and Germany. Neither has a government backed by a functioning majority, and France could take a while yet to sort things out. But some problems aren't going to wait, such as what to do about U.S. President-elect Donald Trump's America First stance on trade and how to fund stronger defense against Putin's Russia. ‘Moana 2’ cruises to another record weekend and $600 million globally “Moana 2” remains at the top of the box office in its second weekend in theaters as it pulled in another record haul. According to studio estimates Sunday, the animated Disney film added $52 million, bringing its domestic total to $300 million. That surpasses the take for the original “Moana” and brings the sequel's global tally to a staggering $600 million. It also puts the film in this year's top five at the box office. “Wicked” came in second place for the weekend with $34.9 million and “Gladiator II” was third with $12.5 million. The 10th anniversary re-release of Christopher Nolan's “Interstellar” also earned an impressive $4.4 million even though it played in only 165 theaters. Federal appeals court upholds law requiring sale or ban of TikTok in the US A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok as soon as next month, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S. The U.S. Court of Appeals for the District of Columbia Circuit ruled that the law - which requires TikTok to break ties with its China-based parent company ByteDance or be banned by mid-January — is constitutional, rebuffing TikTok’s challenge that the statute ran afoul of the First Amendment and unfairly targeted the platform. TikTok and ByteDance — another plaintiff in the lawsuit — are expected to appeal to the Supreme Court. Executive of Tyler Perry Studios dies when plane he was piloting crashes in Florida ATLANTA (AP) — The president of Atlanta-based Tyler Perry Studios has died when the small plane he was piloting crashed on Florida’s Gulf Coast. The studio confirmed on Saturday that Steve Mensch, its 62-year-old president and general manager, had died Friday. The crash happened in Homosassa, about 60 miles north of Tampa. Photos from the scene show the plane having come to rest upside down on a road. Mensch helped advocate for Georgia’s film tax credit of more than $1 billion a year. Perry hired Mensch to run his namesake studio in 2016. Mensch died as Perry released his war drama, “The Six Triple Eight." The film was shot at the Atlanta studio. US added a strong 227,000 jobs in November in bounce-back from October slowdown WASHINGTON (AP) — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls. Last month’s hiring growth was up considerably from a meager gain of 36,000 jobs in October. The government also revised up its estimate of job growth in September and October by a combined 56,000. Friday’s report also showed that the unemployment rate ticked up from 4.1% in October to a still-low 4.2%. The November data provided the latest evidence that the U.S. job market remains durable even though it has lost significant momentum from the 2021-2023 hiring boom, when the economy was rebounding from the pandemic recession. Stock market today: Wall Street hits more records following a just-right jobs report NEW YORK (AP) — U.S. stocks rose to records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 climbed 0.2%, just enough top the all-time high set on Wednesday, as it closed a third straight winning week in what looks to be one of its best years since the 2000 dot-com bust. The Dow Jones Industrial Average dipped 0.3%, while the Nasdaq composite climbed 0.8% to set its own record. Treasury yields eased after the jobs report showed stronger hiring than expected but also an uptick in the unemployment rate. Killing of UnitedHealthcare CEO spotlights complex challenge companies face in protecting top brass NEW YORK (AP) — In an era when online anger and social tensions are increasingly directed at the businesses consumers count on, Meta last year spent $24.4 million to surround CEO Mark Zuckerberg with security. But the fatal shooting this week of UnitedHealthcare CEO Brian Thompson while walking alone on a New York City sidewalk has put a spotlight on the widely varied approaches companies take to protect their leaders against threats. And experts say the task of evaluating threats against executives and taking action to protect them is getting more difficult. One of the primary worries are loners whose rantings online are fed by others who are like-minded. It’s up to corporate security analysts to decide what represents a real threat. Days after gunman killed UnitedHealthcare's CEO, police push to ID him and FBI offers reward NEW YORK (AP) — Nearly four days after the shooting of UnitedHealthcare CEO Brian Thompson, police still do not know the gunman’s name or whereabouts or have a motive for the killing. But they have made some progress in their investigation into Wednesday's killing of the leader of the largest U.S. health insurer, including that the gunman likely left New York City on a bus soon after fleeing the scene. The also found that the gunman left something behind: a backpack that was discovered in Central Park. Police are working with the FBI, which on Friday night announced a $50,000 reward for information leading to an arrest and conviction. USDA orders nationwide testing of milk for bird flu to halt the virus The U.S. government has ordered testing of the nation’s milk supply for bird flu to better monitor the spread of the virus in dairy cows. The Agriculture Department on Friday said raw or unpasteurized milk from dairy farms and processors nationwide must be tested on request starting Dec. 16. Testing will begin in six states — California, Colorado, Michigan, Mississippi, Oregon and Pennsylvania. The move is aimed at eliminating the virus, which has infected more than 700 dairy herds in 15 states.

WesBanco acquiring Premier Financial Corporation

Judge says lawsuit over former NFL player Glenn Foster Jr.’s jail death can proceed

TransMedics to Host Investor & Analyst Day on December 10, 2024

Meta platforms' COO Javier Olivan sells $232k in stockAP Business SummaryBrief at 1:35 p.m. EST

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