Fluxfactory | E+ | Getty Images Travelers saw prices fall for big-ticket pieces of their vacation budgets in July, offering at least a temporary reprieve after soaring costs earlier this year. Airfares fell nearly 8% from June to July, while prices for rental cars and lodging like hotels declined 9.5% and about 3%, respectively, according…
Tag: Autos
10 Companies That Would Take a Hit From a 15% Minimum Corporate Tax
Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerba/Bloomberg Democrats proposed lifting the corporate tax rate to help fund climate and healthcare package, which passed in the Senate Sunday. If…
Elon Musk challenges Twitter CEO Parag Agrawal to a debate on bots
Centi-billionaire Elon Musk provoked Twitter and challenged the company’s CEO Parag Agrawal to a “public debate” about fake accounts and spam in the midst of a contentious legal battle over a $44 billion acquisition. Musk filed a bid with the Securities and Exchange to acquire Twitter back in April this year. After the companies agreed to…
Don’t expect a sudden turnaround on supply chain problems, top autos CEO says
Renault has said that there will be no sudden let up in the supply chain shortages that have dogged the autos industry. Sameer Al-doumy | Afp | Getty Images Renault’s CEO said Friday that there will be no sudden let up in the supply chain shortages that have dogged the autos industry, even as the…