in 2022, the corporate tax receipts were about 1% of corporate gdp half the average. that's due in part to the trump tax cuts for the lackluster investment response to the trump tax cuts suggest bringing corporate taxation more in line with past u.s. and current international practice and that could raise substantial revenue without hindering growth. the president's budget with scaled-back those corporate tax rate cuts by bringing the corporate tax rate to 28% only halfway back to the previous 35% rate. it would build on the irs minim tax on billion-dollar corporations by increasing the rate from 15-21% and boost the stock buybacks tax from 1-4% to encourage investors and corporations to invest in their workers and the broader economy rather than payouts. even with those changes, corporate income taxes, the economy would be similar to their levels in the mid to thousands and other countries. taxpayer should pay what they owe and play by the same rules. that seems very straightforward. the irs should have the resources it needs to identify and address tax evasion by we

the president's budget would scale back the corporate tax rate cut at the corporate tax rate to 28% per only halfway back to the previous 35% rates it would build on the ira minimum tax on billion-dollar corporation increasing 15 -- 21% increase that by balk for one -- 4% to encourage investors and corporations to invest in their adworkers the broader economy rather than payouts. even with those changes corporate income taxco as a shae of the economy would be similar to the mid to thousands. force taxpayers should pay with the l in same play by the same rules that seems very straight for the irs should have the resources it needs to identify and address tax evasion but wealthy people, complex partnerships and large corporations and also to provide adequate customer service and a smooth tax filing experience to y the vast majority of filers we are trying to pay what they owe. they have suffered a decade of severe underfunding the current investment and modernizing thes irs is already paying off. thete irs and demonstrate exemplary customer service this tax filing season successfully high

shell corporations that hide the delivery of precursor chemicals and shell corporations that hide the profits from sales. what doj indictment last year design a network of shell companies in wyoming to launder millions of dollars for the sinaloa cartel. in another case, narcotraffickers in new jersey were charged with using a shell company to buy fentanyl related substances from china which they pressed into counterfeit pills. the united states recently sanctioned syrian drug traffickers who used seemingly legitimate businesses to launder money. these examples are the tip of an iceberg. while this hearing is focused on the threats posed by shell companies serving the drug cartels, we cannot forget that terrorist groups, oligarch cronies, north korean operatives, and many others who wish harm to americans use these same opaque corporate structures. let me be clear. a network of shell corporations servicing these foes and the enablers who facilitate them are a clear and present threat to our national security. in the battle with narco lords, into the shadows of the dark economy can go a

i think it is corporate hubris. for- by apple here? i think it is corporate hubris.i corporate hubris. for a brand up such on the cusp of understanding cultural zeitgeist, such on the cusp of understanding culturalzeitgeist, i such on the cusp of understanding cultural zeitgeist, i think for many people arejust shows cultural zeitgeist, i think for many people are just shows how high their ivory tower is and how they are not connected with the angst of the cultural community, of which they perhaps service and depend on for decades. apple advertising were some of the best in the world. the american agency but their name on some of the greatest creativity. this for me was corporate hubris, not being aware of the debate, the anxieties of their own community. the debate that they created globally perhaps gives them an idea ofjust how globally perhaps gives them an idea of just how they globally perhaps gives them an idea ofjust how they need to get back to their roots, because they are facing many challenges now. then tim cook's regime, they have got two major losses in

the same is true for corporate texts, you know, corporate tax rates in germany, extremely high, one of the highest in the world. and that's one of those feedback conditions, you know, if, if you really want to ignite of the economy and texas a key driver and the very poor that. so do we see politicians right now? we have the courage to tell people at this moment in time, you know what to do with our corporate tax rates. that's a very courageous step to do. and i don't see anyone doing that. however, you have to start somewhere to argue and to convince people. and let's see a one year down the road. we have an election a little over a year down the road. we have an election germany. let's see what the outcome is. and then you might have to ride setting and that's what we have to prepare today. so that maybe we get into a consolation, what changes happen in the way? it does sound like more of the same complacency that you're complaining about in the sense that this is for industry to pressurize the common show to do that in the active sense. but otherwise, to wait until the government, s

otherwise, it will gain ship sympathy, the corporations cannot afford. and so now here's the twist i would say in this, on savory story. several of these cocoa being producing states are equal wass member states, the ivory coast and gonna alone represent 70 percent of the world's production. now we're learning that us after com intends to build a brand new drone basis in, in those states and been in as well. your group, the black alliance for peace issued a statement condemning this move. so 1st, explain for us why you think the drawing bases are a bad idea and i don't know, is it a coincidence? the situation with the cocoa being farmers and coast of juan gonna so that the drone bases are a bad idea as not just the drone bases that are a bad idea. it is the whole and for comments known as the what's known as an for com is the us africa command, which is, you know, political read it all across the continent. it is united states military occupation of the african continent under the so called auspices of trying to fight terrorism in assist the african ever

it is also who is about— corporations. it is also who is about in— corporations.ad you said that. because _ regulating those. i'm glad you said that, because i _ regulating those. i'm glad you said that, because i will— regulating those. i'm glad you said that, because i will speak- regulating those. i'm glad you said that, because i will speak to - regulating those. i'm glad you said that, because i will speak to a - that, because i will speak to a commission investigating at brussels, i will speak about the rules and regulations with a focus on some of that in us congress as well. susie allegro, thank you for coming on. the book is really great, you should pick up a copy. —— alegra. after the break, the world in your pocket — the new ai app, released just 30 hours ago, that can translate any language in real time on your phone. i'll show you how it works, will give you a demo, welcome back. let me paint you a picture. you are the creator of a new product, that could be sold in almost any market around the world. but you are limited by language. you don't have an

rosseh state corporation is hundreds of scientific and industrial enterprises and associations, theyany areas, transport, energy, space, medicine. but the most important direction is the implementation of state defense orders. sergegievich, please tell us about the results of the year, and what are you working on now? almost 80% of the weapons that are used today in the zone were created at the enterprises of our corporation. in the twenty- third year, new production aircraft su-57, su-35s, su-34, su-30 cm2, il-76 md990a were delivered. yak-130 helicopters k-52-m, mi-28 nm, t-90 breakthrough tanks. and artillery reconnaissance complexes penicillin. in 2023 the production volume of self-propelled artillery increased 10 times. mortars - 20 times, rszz - twice. ammunition production is growing. in the twenty-third year, rostec enterprises supplied 25 times more of them than the year before. the rostec team has increased by 70,000 specialists. the revenue of state corporation companies in the 23rd year was almost 3 trillion rubles, which is a third more than a year earlier, output per em

they, they have been for a, by the corporate world in corporate hierarchies, are of a very totalitarian you, you are not allowed to, if you work for a corporation, have any opinion that the corporation deems controversial or and palatable. and that is also what is infected universities across the country. one of the things that confused me from the very start of the demonstrations was why administrators didn't just let them run their course. they started near the very end of the school year. students were going to go home at the end of the summer. they were gonna graduate or start summer jobs or internships. so why the arrest the expulsions and the desire to snuff these demonstrations out? because their job, i'm talking about the administrators and the presidents. their jobs were in jeopardy. of course you're right. i actually was speaking at the encampment at princeton and somebody came up with a megaphone. it was mine and held it. there was a few 100 students. and uh there was a ban on amplified sound. there's also a ban on tent. so these poor kids are sleeping out sometimes in the ra

so corporations don't cause inflation. of too much government money into the system so when we shut down the economy, we flooded the system with trillions of dollars of stimulus. you have no supply and a lot of demand so you get inflation, right? so the problem is, corporations only spend to inflation. and so when inflation is rising, and corporations, there is a lot of demand for goods or services, corporation can pass on that inflation to consumers. now though we're reaching the point we're see this in the spread between ppi and cpi, producers price, versus consumer prices, corporations are having to house more of that inflation internally. charles: right. >> this is showing up in reports. target, walmart, mcdonald's, starbucks, you're seeing impact in the corporate profit and earnings reports. charles: right. here again the red folks here recently corporations had to retain the higher costs. they were unable, unable to pass them on and this is your chart, inflation is a monetary phenomenon. the more government money in

why haven't they spoken up against these multi national corporations? it was on points of the group economic, i mean it's in the name. shouldn't agriculture be more important to the group then? foreign militarism interests. mm hm. so, um, this is, i'm glad you asked this question and then it's a very important question. echo wants to economic community with african states has its origins in the seventy's and did have. and it's came right after we solve this, the sweeping of independence and become ization movements in africa, independent countries gaining their independence from formal colonialism in, in, in africa, from europe. but then the configuration of, of echo was, is that it's is comprised of leaders of the various representatives of various governments in west africa, of the country, the 14 or 15 countries. they comprise african and being the new colonialism, which is the control of the politics and economics of the countries. but with all the outward trappings of independence, it means that is fostered. well, we referred to as a comfortable cl

she comes out of the corporate world. she comes out of the world of finance and they, they build, they've, they've reconfigured or to form these universities a long corporate lot. so you have highly paid administrators. these are people pulling down salaries and hundreds of thousands of dollars will often come out of the corporate world. and then you have, this is not so much true at the very least private universities. but it is true at most universities, you then have the, the burden of the teaching of falls on the shoulders of adjuncts who essentially replicate workers in the gig economy. they have no job security. they are actually paid by the course and not very much. uh, $4000.00 is not, is off in the north, so they're, they're making $24000.00 a year without benefits. but they're carrying most of so they replicated the corporate model. they have attempted to monetize departments at the university where they have to raise their own money. not only for research, but often for salaries. well, that's very hard to do in

this was footage of a meeting between the prime minister and the head of the sme corporation.t time heals, 512 people, including 91 children, were found by search engines when they came across this execution pit, for communication with the partisans, they burned the village of all the inhabitants, well... russian channels, all series, movies and cartoons, educational programs and documentaries, watch, watch in the application or on the website.

the main task of the corporation is to help entrepreneurs obtain debt financing. the process has been simplified. thanks to this, last year the volume of state support increased by 27% and exceeded 1.5 trillion rubles. at the same time , the number of loans issued increased by 20%. last year. received 162 thousand companies, while government support stimulates the lending market as a whole, in a number of industries that make a greater contribution to employment creation, industrial development, state support covers almost every third ruble, for example, last year smes in the manufacturing industry attracted more than 530 billion rubles, high-tech companies more than 170 billion rubles, the hotel business - 25 billion rubles . sme. with the assistance of the corporation through the umbrella guarantee mechanism , entrepreneurs were also able to attract more than 50,000 loans amounting to half a trillion rubles. and yet there remain those who were forced take out a consumer loan at high rates. in this regard , a special program of preferential lending was launched w

corporate p.r. teams and another way for corporations to make it harder for consumers to seek out lower prices. are you concerned that these price gouging strategies? mr. powell: same thing with the ride companies. i don't know the implily occasion for consumers. senator brown: you think this kind of surge pricing might lower prices overall? mr. powell: my understanding is that the idea is that in slow periods prices actually go down and higher -- busy periods they go up. senator brown: these are sophisticated economists working for these companies. mr. powell: as long as they are not fixing prices or failing to disclose the nature of the. senator brown: research hoop behind the inflation we have seen. the supply chain of autos have been more resilient and more housing availability made your job easier? mr. powell: yes. big part of the inflation was and we saw it in 2023 when supply chain problems unwound and when the labor supply shot unwind as well. it came down quickly and it's also down to tight

what about corporate debts?ing thing, but still, it seems to me, it is less useful for private investors. on the one hand , corporate. well, it’s not the top, it’s not blue chips, but there’s quite a decent second echelon there, there are the largest banks and corporations, sometimes even state corporations and 15-17 per annum, but there is a risk that in some, i don’t know at what in an unfavorable development of events, the corporation will announce, maybe a partial default or a technical default, but that’s what it is, by the way, that’s when we come across terms like what a technical default is, a technical default is essentially a procedure. when the company does not pay the due coupon in a timely manner, a technical default begins, that is, 30 days are given for the company to fulfill its obligation under this coupon, if it does not fulfill this obligation within 30 days, then a real default occurs, why, because the bondholders can already present these bonds for redemption, well , in this case the whole p

corporate rate needs to be higher.h encourage investment at the same time, but also build a fairer and more efficient tax system. >> is that the way we want to do it, though, kimberly? i'm trying to figure out, what's the total amount of the, of what we raise, total revenue that comes from the corporate sector? we can't solve all of our problems with corporations and there's a way of having it, you know, be paid through shareholders or customers or -- >> sure. >> consumers. however you want to do it. there are other ways to do it, and we all want our corporations to be able to redeploy us, for innovation and raises and hiring and for whatever reason. profits for shareholders? we'd like to find that sweet spot. >> absolutely. and a good tax system raises revenue from many sources. we happen to be not reliant on the corporate tax at present and reduced corporate tax revenues by about 40% due to the tax cuts and the jobs act, and one thing we saw in the wake of that legislation was that most of the benefits went to those

the corporation launched a separate element of umbrella guarantees.mes of 20 billion rubles. in 3 months, entrepreneurs have already attracted 8.5. for the second half of the year another 20 billion has been reserved. also , an additional program of preferential lending is being developed for businesses in the belgorod, bryansk and kursk regions ; a preferential leasing program is being launched for the purchase of used equipment. domestic transport and cargo vehicles. we have approved the special economic zone regime and the corresponding benefits and elements of preferential regimes will also work there. it's important to pair them with the tools you offer if you want to do anything to help them have everything they need. tools to develop your business or at least maintain it. the main thing, as the prime minister noted, is to monitor the investment climate in the country, and it should be assessed by independent associations of entrepreneurs. at the same time, private initiative needs to be developed more strongly so that the ruble of state support

you also hear the corporate profits are at record highs.o gasoline and food and all of these things that aren't included, this is just corporate greed and whether it is trump or biden and office he does not set the gas prices or the food prices.this is about corporatios getting away wit this. when prices go i put up a price tag and i have seen them go 50% but when they are on sale they go down by a dime. it is fed by corporate greed. host:o ahead, finish your thought. caller: started this work and we started up 15 an hour and it's the same now. wages have not gone up. if they dointhey can to not give people raises or over time, they cut hours they treat labor like we are the enemy even though we are a retail business and they need us i work with the wide variety of people, ages and ethnicities and id fothe young people. they live at home or theyiv with roommates because no one can live on their own anymore and many work two, three jobs. it's ugly for regular working people. host: the front page of the u.s. a today. they highlight swing stat

yes, dear mikhail vladimirovich, the corporation was created to solve the strategic tasks of the statemilitary sanctions, when russia is fighting for its future, the importance of our work at our enterprises increases manifold and we feel a greater responsibility and do. everything so that our country emerges victorious from this struggle. today we are one of the largest employers, finally, in the twenty-third year, the number of our employees throughout the corporation would have been about 660,000 people. last year we hired almost 70,000 specialists. and the company’s revenue in 23 amounted to almost 2.9 trillion rubles. this is a third. more than a year earlier, well, i would like to dwell, of course, on our priority tasks, this is providing our army with the necessary weapons, the creation of new modern weapons, which are very necessary for our soldiers today at the front, from the beginning of their we have significantly expanded production capacity, most of our enterprises have switched to a three-shift operating mode, to equip the army with various... the system is tos-2, it is

rostec enterprises now produce more than 150 products for healthcare, thanks to the state corporationlogies help patients with various ailments, including pulmonary diseases, eye diseases, and hepatitis. and the first one registered the domestic haifa therapy complex, diatrm, er, the complex is designed for non-invasive removal of tumors. we have received a registration certificate for the respiratory support device for newborns, reanimon. previously, similar products were purchased abroad, but today they are. we can already produce it ourselves, rostec specialists themselves, can now produce high-power gas turbines, an important step for domestic energy, we are installing it at our impact station, which is being built on the taman peninsula, this is the first production turbine, and now we can say with confidence that we may have reached a very important milestone, because i know the corporation has been working on this for a long time. and in 14 more countries, where veterans of the great patriotic war are waiting for him. well, what will the weather be like on victory day? prelimin

otherwise, corporations could run roughshod over all of our rights. most of us wouldn't even notice that $15 overcharge. it is really important to see that right here companies could be doing so many things, so many illegal things along the edges that are simply following through the legal cracks because class actions are impossible to bring when forced arbitration clauses are in effect. sen. whitehouse: compared to the elaborate and well-developed procedural and substantive provisions that make sure a courtroom is fair, how has it worked out in arbitration chambers? prof. gilles: that is a complicated question, but i will give you a few bullet points. first off, and i want to disagree with my esteemed colleague victor schwartz, arbitration fees are dramatically higher than court fees. they are just higher. arbitrators are paid a daily rate of somewhere between $1000 and $2000 an hour. we don't have individuals paying judges to hear their cases. the provider is picked by the very company that the worker and consumer is complaining about. most of you i

let's get back to the corporate news.strazeneca aims to reach80 billion by 2030 amid the significant growth by pharma and rare disease portfolios. the pharma giant will expand the portfolio with 20 new medicines. shares are up 0.8%. let's stay in the sector. gsk has reported positive results from the phase three trials. the drug maker has propjected that the drug which is not approved anywhere in the world could be a major growth driver by the end of the decade and peak annual sales of 3 billion pounds. gsk is off1.43% on the news. on that note, let's give it back to you, rank. >> carolin, thank you. >>> turning our attention back stateside and stocks making moves ahead of the open. silvana is here with the big money movers. >> good morning, frank. we start with zoom. it is lower in the pre-market after the second quarter forecast came in below estimates. we are seeing losses of 1% right now. that's despite a more than upbeat longer-term outlook. the company says it is pushing to inn corporate artificial intelligence and

the activity in the m&a market has been corporate activity.started to see is some green shoots in the financial monetization category. there is more demand to return capital then we've seen deal activity. we are excited about corporate's , 70% of the activity comes from north america. note -- most of them as mega deals with three times increased of deals greater than $10 billion versus last year. the financial sponsor community is seeing discipline bite sellers and buyers. i think it will take a little more time. sonali: one big question mark for these mega deals but they are strength to be announced anyway. with ftc, it's been quite aggressive and even the department of justice. what is the calculus for corporate's to do the deals anyway? >> i think corporate's are driven by the fact that we are in a low growth environment and not even growth around the world. when we look at scale, it becomes an advantage in this environment. their costs, higher cost of energy and higher cost of cybersecurity. think of those because spread across a higher ba

look, for corporate japan, a yen depreciation... a weaker yen for corporate japan is a good thing.lar, corporate japan gets windfall profits of around eight percentage points. so corporate japan is a winner, the loser is mr and mrs watanabe, because with weaker currency, energy prices, food prices go up, and that hurts the purchasing power, particularly of japanese pensioners. an advert promoting apple�*s new range of ipads has received widespread criticism. the video shows a giant hydraulic press crushing books and musical instruments. for more on why it has sparked such a backlash, here�*s the bbc�*s michelle fleury. the ad has only been out a couple of days, butjudging by the reaction online, it hit a nerve. in the spot, objects ranging from a trumpet, a piano to a turntable, a sculpted bust and lots and lots of paint are all shown being squashed by an enormous metal rubbish compactor into the size of apple�*s thinnest product ever, the 13 inch ipad pro. now, critics say the ad celebrates the stifling of creativity rather than encouraging it. even british actor hugh grant weighe

, on the one hand, corporate debts provide greater returns, if on a credit basis, well, it depends onnow what are the rates for, well let's say, as they say there, for our viewers i'll explain the first echelon, yes, you are the best, the best chips, yes. which we see in government bonds, well, that is, if it is government, but we are talking, mikhail, about long bonds, but a little short ones they have a different profitability, a little higher now, by the way, this is such an interesting case at the moment, this is me, i’m also specially preparing for our program, in principle, i looked, it’s quite possible. put together a portfolio of 15 dash 17%, well, it’s not the top, there are not blue chips there, but there’s quite a decent second tier there, there are the largest banks and corporations, sometimes even state corporations, 15-17 per annum, yes, there is a risk that in in some, i don’t know, in some unfavorable development of events the corporation will announce, maybe a partial default or a technical default, yes that's what it is, by the way, that's when we come across terms l

, a soldier's uniform, soviet surroundings, the accompaniment of a combatist, flowers, state and corporate symbols, a creative approach to the matter added color to the festive video. popular songs dedicated to the great victory united line by line all the groups of our units, not only the gomel region, but also regions of the entire republic of belarus, and even western siberia, the russian federation and china. with our action we together we say thank you to our dear veterans for a beautiful, flourishing, bright and peaceful homeland. every year, belarusian oil workers implement the project victory day of face and fate. the promotion starts on the eve of may 9. and lasts until july 3, in it, through the pages of corporate media, employees talk about their relatives who went through the fire of the great patriotic war, a flash mob, blooming cities, a new type of development of the patriotic project. honesty and sincere emotions of the characters. hello everyone, in exactly a minute he will be with us a hero who will answer everything. are you ready to meet our hero? why do you think the c

the state corporation rostec created the gtd-110m turbine. station, which is being built at taman peninsula. this is the first production turbine. and now we can say with confidence that we can be independent. because i know that the corporation has been working on this for a long time to replace all analogues of western ones, including turbines, now we can leave siemens, from general electric, we built three stations, this is the third, two stations were built in crimea, uh and one on the taman peninsula; last year , the united engine corporation continued supplying gas pumping units for large trunk lines gas pipelines such as power of siberia, sakhalin, khabarovsk, vladivostok. in the future , rostec is ready to ensure 100% import substitution in this area.