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Business
TOP BUSINESS
Biden’s Capital Gains Tax Proposal Surges to Highest Rate in a Century
The Biden administration proposed increasing the capital gains tax to 44.6%.
RELATED NEWS
Ford Delays EV Production by Several Years
Ford Motor Co. announced that it is delaying the production of two new electric vehicles (EV) and is shifting its focus to hybrid vehicle production.
Truth Social Stock Price Surges Before Brief Halt
Shares for the Trump Media & Technology Group stock, DJT, surged 50% before experiencing a brief halt due to volatility.
Planet Fitness Stock Falls After Gym Cancels Membership of Woman Sharing Picture of Male in Female Locker Room
Planet Fitness' stock fell after an Alaska location canceled a woman's membership after she photographed a male using the women's locker room.
Mainstream Media Admits Failure of Electric Vehicles
CBNC admitted that the push toward electric vehicles (EVs) has failed.
Anheuser-Busch Loses Over One Billion in Sales Following Transgender Partnership
Bud Light’s parent company, Anheuser-Busch, is estimated to have lost over one billion dollars in sales after the brand partnered with transgender influencer Dylan Mulvaney.
Pfizer’s COVID Vaccine Revenue Down 70%
In a report to the U.S. Securities Exchange Commission, vaccine manufacturer Pfizer wrote that sales of its COVID-19 vaccine declined by 70% in 2023.
Asset Managers Drop Out of Climate Pact
JPMorgan Chase's asset management arm and State Street Global Advisors withdrew from a climate pact.
Disney+ Loses One Million Subscribers After Increasing Prices 25%
Disney+ lost 1.3 million subscribers across the world during the last quarter of 2023.
GOP Rep. Says China Creating ‘Empire’
Representative Frank Lucas (R-OK) said during a talk at the Hudson Institute that the Chinese Communist Party (CCP) is building an "empire reminiscent of the colonial period.”
House Passes $78 Billion Tax Relief Bill
The House of Representatives passed bipartisan legislation expanding the child tax credit.