Boeing shares stumble after mid-flight blowout
Boeing shares fell more than 8% at one point while shares in its supplier Spirit Aerosystems dropped 11%.
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IRS unveils ‘voluntary disclosure program’ for businesses duped by pandemic-era tax credit
IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. Worth thousands per employee, the employee retention tax credit, or…
FAA probes potential flaws in Boeing’s manufacturing process
Comment on this storyComment Add to your saved stories Save The Federal Aviation Administration said Thursday it is launching an investigation into whether aerospace giant Boeing followed rules to ensure that the aircraft it built were safe for operation. “Boeing may have failed to ensure its completed products conformed to its approved design and were…
Remote workers actually aren’t more productive. Will bosses finally call them back in this year?
These days, it looks like the bloom is coming off the rose for remote work: Many employers are talking tougher. New research shows employees are actually less productive when they work from home full-time. And, with the tight job market starting to slacken, some predict 2024 will be the year employers finally clamp down. But…
Mortgage rate decline pulls buyers back into the housing market
A sharp drop in mortgage interest rates in December may have kickstarted this year’s spring housing market early. Rates are about a full percentage point lower than they were in October, and consumers expect they will fall even more. Optimism about mortgage rates increased sharply in December, according to a monthly consumer survey by Fannie…
Twitter Is Locking People Fact Checking Trump Out Of Their Accounts
At least four people who attempted to debunk coronavirus misinformation that President Donald Trump said in a Fox & Friends interview were locked out of their Twitter accounts when they tweeted Trump’s words. In the Wednesday interview, the president said children are “almost immune” to the virus — which is false. “This is nuts, @TwitterSupport,”…
How a Millennial Estée Lauder Built a Widely Popular Beauty Brand
The Reckoning If Ms. Bodnar is cagey about specifics, it’s because she has faced controversy. There’s the plaintiff who sued Thrive in 2018, alleging that the company was not donating to charities in the way that it claimed. (The lawsuit resulted in a “stipulated” dismissal; Ms. Bodnar signed a non-disparagement agreement that precludes her from…
