Oil companies stockpile drilling permits, challenging Biden on climate

BILLINGS, Mont. — In the closing months of the Trump administration, energy companies stockpiled enough drilling permits for western public lands to keep pumping oil for years and undercut President-elect Joe Biden’s plans to curb new drilling because of climate change, according to public records and industry analysts. An Associated Press analysis of government data shows the permit stockpiling has […]

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4 property trends to watch in 2021

Singapore’s property market witnessed a roller-coaster ride over the past year. Home sales plunged to historical lows during the April and May circuit breaker period. But at the end of the movement restrictions, property buying activities rebounded strongly across many market segments. Although the coronavirus may continue to cast a shadow over the broader economy, global markets have already looked […]

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Small-Business Loan Program Will Restart Monday, but Not for All

Lenders who specialize in working with Black- and minority-owned small businesses will have a head start in tapping Paycheck Protection Program funds when the program reopens next week, a move meant to address complaints that the aid was not distributed equitably the last time around. Starting on Monday, borrowers will be able to apply for new loans through the P.P.P., […]

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Tax Help for People Who Miss Out on a Valuable Credit

Working families can benefit from a federal tax credit intended to put cash in their pockets. But millions of eligible people miss out on the rebate, known as the earned-income tax credit, because they don’t file tax returns. Now, a technology-oriented nonprofit organization, working with a longtime volunteer tax preparation program, aims to help more eligible people get the credit […]

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Fears of New Tariffs On Vietnam Loom in Washington

Even with Washington in crisis and calls for President Donald Trump’s removal growing louder after he incited a mob to attack Capitol Hill, one more trade battle looms.   A group of more than 200 chief executive officers sent a letter to Trump imploring his administration to not impose new tariffs on imports from Vietnam.  Among the ceo’s and executives signing […]

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Commerzbank to write off 1.5 billion euros in goodwill, increases risk provisions

FILE PHOTO: A company logo is pictured at the headquarters of Germany’s Commerzbank AG during the annual results news conference in Frankfurt, Germany, February 13, 2020. REUTERS/Ralph OrlowskiFRANKFURT (Reuters) – Commerzbank said on Friday it would write off existing goodwill of 1.5 billion euros ($1.84 billion) and also increased its risk provisions related to the coronavirus pandemic. The charges will […]

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Market Close: Local stocks rally as US indices trek higher

Canny investors moved some of their money from the on-fire energy companies into higher-dividend defensive stocks as the New Zealand sharemarket gained another half per cent. The S&P/NZX 50 Index increased 72.51 points or 0.54 per cent to 13,558.19 in late trading after drifting for most of the day. The rally came after the United States markets overnight headed towards […]

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