Business

• $122 million windfall as IRS says it's made 100 wealthy taxpayers pay what they owe

  20-10-2023 Business Washington Times - Business 34

  The IRS has already sweated $122 million out of 100 wealthy taxpayers, the agency announced Friday, celebrating early returns in the Biden...

• Long lines at gas pump unlikely, but Middle East crisis could disrupt oil supplies, raise prices

  20-10-2023 Business Washington Times - Business 30

  Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and push prices...

• Elon Musk’s X plots two new subscription tiers — as traffic reportedly plunges

  20-10-2023 Business NY Post - Business 30

  “One is lower cost with all features, but no reduction in ads, and the other is more expensive, but has no ads,” Musk wrote on X.

• Pfizer jacks up price of five-day course of COVID drug Paxlovid to $1,400

  20-10-2023 Business NY Post - Business 50

  The new cost of the drug is nearly triple the amount the US government paid during the coronavirus pandemic, according to a report.

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• Billionaires drive up average Palm Beach home price to $14 million

  20-10-2023 Business NY Post - Business 35

  A slew of billionaires -- including more than 100 Wall Street firms -- have decamped to South Florida in recent months, so it's no wonder the...

• Obama Treasury chief Jacob Lew got $14M from private equity firm after refusing to crack down on Wall Street loophole

  20-10-2023 Business NY Post - Business 27

  After serving as Obama's treasury chief, Lew joined the private equity firm Lindsay Goldberg in 2017, where he was made managing partner.

• Beverly Hills doctor axed for antisemitic posts calling Zionists ‘demonic, greedy’

  20-10-2023 Business NY Post - Business 28

  Dr. Andrew Thierry wrote: "The angry little Zionist war pigs are big mad their lies and deceit aren't working anymore. Their powers are waning and...

• CVS pulls popular cold medicines from store shelves

  20-10-2023 Business NY Post - Business 27

  CVS said on Thursday that it is voluntarily removing certain common oral cough and cold products after a Food and Drug Administration (FDA)...

• Feds OK natural gas pipeline expansion in Pacific Northwest over environmentalist protests

  20-10-2023 Business Washington Times - Business 35

  Federal regulators on Thursday approved the expansion of a natural gas pipeline in the Pacific Northwest over the protest of environmental groups...

• American Airlines posts $545 million loss on higher labor costs in a time of big profits for rivals

  20-10-2023 Business Washington Times - Business 27

  American Airlines posted a $545 million loss for the third quarter as revenue was flat with last summer and costs rose, especially to cover a new...

• Thousands of remote IT workers sent wages to North Korea to help fund weapons program, FBI says

  20-10-2023 Business Washington Times - Business 29

  Thousands of information technology workers contracting with U.S. companies have for years secretly sent millions of dollars of their wages to...

• San Francisco CEOS, billionaires aim to combat ‘doom loop’ reputation — with sleek new ads: ‘It’s the boom loop’

  20-10-2023 Business NY Post - Business 35

  The goal is to convince entrepreneurs to start their businesses in San Francisco and remind residents of what made it such an iconic city in the past.