Bezos endorses higher corporate taxes for infrastructure
Amazon has been criticized for years for paying virtually no federal taxes in the United States even as it built an e-commerce empire that currently has a market value of $1.6 trillion.
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Proposed Indiana voting law change faces corporate criticism
Stephen Fry, Eli Lilly and Co.’s senior vice president for human resources and diversity, told a legislative committee Tuesday that the company believed the bill aimed at reducing voter fraud wasn’t needed.
IMF upgrades forecast for 2021 global growth to record 6%
The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in its latest forecast.
United seeks to build its own diverse pipeline of pilots
United Airlines says it will train 5,000 pilots this decade, including taking on applicants with no flying experience, and plans for half of them to be women or people of color.
Baylor’s first national title denies Zags perfection
Indiana University is still the last undefeated national men’s Division I basketball champion, winning in 1976.
Fife returning to Indiana University as part of Woodson’s staff
New Indiana University Men’s Basketball Coach Mike Woodson on Monday added Dane Fife as associate coach. Fife played on former IU Coach Bob Knight’s final team and helped lead IU to the 2002 national championship game.
Dane Fife to return to Indiana as part of Woodson’s staff
Fife spent the last 10 seasons working on Tom Izzo’s staff at Michigan State, the final three as associate head coach.
Stocks close broadly higher following big job gains in March
The S&P 500 and Dow Jones industrial average both reached record highs as the economy showed more signs that it’s continuing to recover.
Survey: U.S. services surged to record high in March
The Institute for Supply Management, an association of purchasing managers, reported Monday that its non-manufacturing index rose to an all-time high 63.7 last month from 55.3 in February. The old record of 60.9 was set in October 2018.
Yellen calls for minimum global corporate income tax
U.S. Treasury Secretary Janet Yellen on Monday urged the adoption of a minimum global corporate income tax, an effort to offset any disadvantages that might arise from the Biden administration’s proposed increase in the U.S. corporate tax rate.
High court sides with Google in $8B copyright fight with Oracle
To create Android, which was released in 2007, Google wrote millions of lines of new computer code. But it also used 11,330 lines of code and an organization that’s part of Oracle’s Java platform.
New to Washington, Buttigieg looks to build bridges with Biden plan
The man known during his campaign as “Mayor Pete” faces the first test of that potential in his first job in Washington: Selling a $2.3 trillion infrastructure program that will be paid for with corporate tax hikes.
From child care to COVID, rising job market faces obstacles
The most optimistic economists predict the nation could produce as many as 10 million more jobs this year and restore the labor market to its pre-pandemic level. Yet, even in normal times, it would be hard to regain all those jobs so quickly. And these aren’t normal times.
Q&A: Marcus & Millichap CEO on 2021 property market
The work-from-home and online-shopping trends are expected to permanently reshape demand for office and retail space, says Hessam Nadji, CEO of the Calabasas, California-based commercial real estate financing and advisory company.
Pushing for change: College athletes’ voices grow strong
From seemingly small issues of inequality in NCAA Tournament weight rooms to life-and-death issues of police brutality and endemic racism, athletes are increasingly calling for change, intent on molding what the future should look like for everyone.
Gonzaga’s last hurdles: a quick turnaround—and Baylor
The meeting Monday is one most hoops fans have waited for all year — two years, really — a matchup between two teams who have been on a collision course since the bracket came out.
It’s on: Gonzaga vs. Baylor for the national championship
The showdown between Baylor and Gonzaga that was called off in December because of the coronavirus pandemic is finally back on, with the biggest stakes of all: The two best teams all season will play for the national championship Monday night.
Baylor trio of Butler, Teague, Mitchell headed to title game
The only reason Baylor’s backcourt can’t be considered a true brotherhood is the blood coursing through their veins.
Plump still big hit at NCAA Tourney time
At age 84, the affable, silver-haired Bobby Plump remains one of the state’s top basketball ambassadors and nothing, not a pandemic or an unprecedented NCAA Tournament, can keep those yearning to meet him away.
College athletic directors concerned NIL compensation will skew competitive balance
Not everyone in college sports believes it’s for the better as athletes get closer to earning money from third parties for use of their names, images or likenesses.