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Business

Biden wants to up the capital gains tax. Here’s what that could mean for businesses

Democratic presidential candidate Joe Biden’s proposal to target high-income investors could limit investment in new businesses and asset selloffs. Currently, the long-term capital gains tax rate for incomes above $400,000 is 20% (specifically, that’s $496,600 for married filing jointly, $441,550 […]
Business

Israel set to send natural gas to Europe

Israel and Europe will proceed with a natural gas pipeline that will carry Israeli gas to European customers, after the Israeli government ratified the agreement. Partner countries Greece and Cyprus have already approved the project. The Eastern Mediterranean, or EastMed, […]
Books

From nursery rhymes to a multi-million-dollar enterprise

Encantos Media Studios, a children’s education company and a multicultural trove of free resources, interactive books and educational activities inspired by Latino nursery rhymes, was recognized as one of 19 media start-ups that top venture capitalists expect to succeed during […]
Art

Famed painting had tech help

A small painting hidden away in England for more than a century that was thought to be a copy of Spanish artist Diego Velazquez’s “Las Meninas” masterpiece was not only painted by him but also used a pictographic negative to […]
Automotive

Autos drive US manufacturing in June

The U.S. Department of Commerce delivered some good news as the coronavirus pandemic wreaks havoc on the economy. Factory orders for U.S.-made goods increased 6.2 percent in June, the U.S. Department of Commerce said Tuesday, suggesting the manufacturing sector is […]
Business

Congress grills tech execs on private messages

The antitrust suit against Microsoft more than two decades ago should have been a warning to today’s tech giants. The chief executives of Amazon, Apple, Facebook and Google came under fire Wednesday for their alleged anticompetitive behavior, hearkening back to […]
Business

As SEC relaxes rules, small businesses raise money

Honeycomb Credit is a small crowdfunding company in Pittsburgh, Pennsylvania. It typically handles 10 inquiries a day from business owners seeking loans from the community. Since pandemic hit, it is averaging 30 to 40 daily.  “We’ve completed about a dozen […]