Sweeter New York Film & TV Production Tax Breaks Official As State Budget Passes, But Timing’s A Bummer

New York lawmakers finally signed off on Gov. Kathy Hochul’s state budget including significant sweeteners for film and TV production in a package that now runs through 2034 — the day after the WGA went on strike, ushering in a period of grave uncertainty for the entertainment industry. The writers strike is attracting headlines and attention with ripple effects already […]

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Why Telcos Want Airlines To Replace Altimeters

‘If the airlines are not given a clear deadline to change the altimeters by the DGCA, why should they do it voluntarily?’‘It means that the aircraft will be grounded for a while and lose money.’ Telcos are pushing the Directorate General of Civil Aviation to impose a sunset clause within which airlines have to mandatorily replace their old altimeters with […]

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SEC Charges Son, Father-in-Law Who Targeted Church Members In $20 Million Offering Fraud

The Securities and Exchange Commission today charged Scott A. Miller, his son-in-law Brett M. Bartlett and their companies for fraudulent securities offerings that raised at least $20.5 million, some of which Bartlett and Miller misused for personal expenses. According to the SEC’s complaint, from at least June 2018 to May 2020, Bartlett and Miller raised funds from more than 1,000 […]

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Top Workplaces 2023: Here’s how the rankings are determined

Great workplaces aren’t created by accident. They are built and nurtured. The Top Workplaces awards recognize the employers that do it well in the eyes of their employees. The heart of the Top Workplaces award is the employee survey process. Energage administers a 24-question survey to employees, who are the sole deciders of whether a company culture merits recognition. This […]

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European Shares Decline On Rate, Growth Concerns

European stocks were moving lower on Wednesday as weak U.S. data stoked recession fears. Upbeat German consumer confidence data as well as encouraging earnings updates from both Microsoft and Alphabet helped limit regional losses to some extent. Survey results showed that German consumer sentiment is likely to pick up in May on the back of cooling energy prices and expected […]

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European Shares Set To Follow Wall Street Lower

European stocks are seen opening lower on Wednesday after U.S. stocks recorded their worst single-day losses in a month overnight on fears of an impending recession and lingering worries about the health of the banking sector. That said, U.S. stock futures were trading higher following encouraging earnings updates from both Microsoft and Alphabet after the U.S. closing bell. Trading later […]

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U.S. Stocks Move Mostly Lower On Troubling Earnings News

After showing a lack of direction over the two previous sessions, stocks have moved mostly lower during trading on Tuesday. The major averages have all moved to the downside after ending Monday’s lackluster session narrowly mixed. In recent trading, the major averages have fallen to new lows for the session. The Dow is down 97.56 points or 0.3 percent at […]

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