Financial Times

The Joe Biden administration is set to revive the Billionaire Tax Plan in the upcoming State of the Union Address. The proposed plan would raise taxes on wealthy Americans and corporations, with the goal of generating revenue for social programs and infrastructure projects. The plan, which was proposed in the 2020 presidential campaign, would increase the top marginal tax rate from 37% to 39.6%, raise the corporate tax rate from 21% to 28%, and impose a new minimum tax on large, profitable corporations. It would also close loopholes that allow high-income earners to avoid paying taxes by shifting their income overseas. The Biden administration believes that this plan will help reduce income inequality and generate significant revenue for the federal government.

Adani Repayment Share-Backed Loans are a type of loan backed by shares, providing an effective and secure way to borrow money. These loans are designed to give shareholders access to funds when they are needed most, offering the flexibility of repayment terms that can be customized to the individual needs of the borrower. With an Adani Repayment Share-Backed Loan, shareholders can borrow against their shares and use the proceeds for any purpose, from funding business projects to personal expenses. The loan is secured by the shares, providing a low-risk option for borrowers. Additionally, the interest rate for these loans is often lower than traditional bank loans, making them an attractive option for those who need fast access to funds.

Harvey Schwartz is set to receive a generous $180 million pay package as the new CEO of the Carlyle Group. The package includes a base salary, bonuses, and equity awards. As part of the deal, Schwartz will receive an annual base salary of $1.5 million and an annual bonus of up to $8 million. In addition, he will receive stock options and restricted stock units worth up to $170 million over the next four years. This pay package makes Schwartz one of the highest-paid executives in the world. He is taking over from Daniel D'Aniello, who served as Carlyle's CEO since 1997.

The SpyBalloon is a unique item that captures the essence of leadership. It was created in honor of Chinese leader Xi Jinping, who is known for his strong, decisive leadership style. The SpyBalloon is a representation of this, featuring an image of him in flight and the words “Leadership” printed across the front. It's a great way to show your admiration for the leader and to inspire others to follow in his footsteps.

This news article highlights the notable wage increase seen in Japan during 2019, with the highest nominal wage increase since 1993. This wage increase is being attributed to a tight labor market and a shift toward higher levels of productivity and performance. The article also notes that the wage increase has been accompanied by an increase in consumer spending, which is beneficial for the Japanese economy. The article highlights the importance of wage growth for overall economic growth, noting that it could be a sign of Japan's economic recovery.

AI (Artificial Intelligence) breakthroughs have revolutionized the way search engines work and have reignited the search engine wars. AI technology has enabled search engines to become more accurate and provide better results than ever before. With AI, search engines are able to analyze large amounts of data in real-time and provide relevant results based on a user’s query. AI-powered search engines are also capable of understanding complex queries, providing more nuanced results. These advances in AI technology have allowed search engines to stay competitive in a rapidly changing landscape and ensured that users continue to get the best search experience possible.

The Ukraine has recently replaced their Defence Minister in a major reshuffle. This comes as the country is on high alert due to an increased military presence from Russia in the region. The new Defence Minister will be tasked with strengthening the country's defences and readying its armed forces should an invasion occur.

The Rothschild Family has acquired a majority stake in the international financial giant Rothschild and Co, making it one of the largest independent financial services firms in the world. This move shows the family’s commitment to long-term investments in the global financial sector, as well as its dedication to providing clients with the most comprehensive and innovative financial solutions available. The acquisition of Rothschild and Co is sure to make headlines in the live news, and will surely have an impact on the global financial industry.

Electric Vehicles (EVs) are becoming increasingly popular as Ford and Tesla have both engaged in a price war, offering significant discounts on their EV models. With the prices of EVs dropping, more people are taking advantage of the cost savings and making the switch to EVs. Both Ford and Tesla are committed to making EVs more accessible to everyone, and this price war is just one example of their efforts. The future of EVs looks promising, and with the help of Ford and Tesla, it's only going to get better from here.

The BigTech Cloud Computing AI Alliances is an initiative aimed at creating a platform that allows for collaboration between different tech companies in the area of cloud computing and artificial intelligence (AI). It seeks to provide a space for dialogue, exchange of ideas and resources, and networking to foster innovation, business growth and mutual success. By leveraging the collective knowledge and expertise of its members, the Alliances strives to create an environment that encourages collaboration and advances the development of cutting-edge technologies and solutions.

France and Germany have joined forces in an effort to protect green technology companies from the poaching tactics of the United States. The two European countries have argued that US firms are unfairly using their economic power to poach green tech businesses and research from foreign countries, and are demanding that the US government end such practices. France and Germany are pushing for a set of international standards to ensure fair competition between countries and to protect the intellectual property of green tech companies. This stand taken by France and Germany is aimed at protecting their own green tech businesses as well as others around the world.

Harvey Schwartz has been appointed as the new CEO of the Carlyle Group, one of the world's largest alternative asset management firms. Schwartz is a veteran of the financial services industry, having worked at Goldman Sachs for more than two decades. At Goldman, he served in various leadership roles including co-Head of Global Finance and co-Head of the Securities Division. He brings a wealth of experience in managing complex businesses and leading teams across different functions. With this appointment, he will be responsible for overseeing all of Carlyle's business operations and helping to drive the firm's growth strategy going forward.

TalcRuling is a legal decision that is a major setback for Johnson & Johnson and the "Texas Two-Step" bankruptcy process. The ruling invalidates a portion of the Texas Two-Step, which is a process used by Johnson & Johnson to shield itself from asbestos-related litigation. In the ruling, the judge found that the process was not valid under Texas law, thereby making Johnson & Johnson liable for any asbestos-related lawsuits brought against it. This ruling could have major implications for Johnson & Johnson's ability to protect itself from costly asbestos-related litigation and could lead to significant financial losses.

The Antony Blinken China Trip Spy Balloon is a high-tech surveillance device designed to monitor activity in China during the US Secretary of State's visit. It is equipped with a variety of sensors and cameras that can be used to track people and objects in the area, as well as providing detailed images of the terrain. The balloon is highly maneuverable and can be deployed quickly and easily. Its lightweight design makes it ideal for use in remote and difficult to access areas. This powerful tool can provide valuable intelligence information for the US government to assist in diplomatic negotiations and other important matters.

Nelson Peltz is a billionaire investor who is currently engaged in a proxy fight with Disney. This proxy fight is over his proposal to split the company into four different businesses. He believes that this will increase shareholder value and create more growth opportunities for the company. Peltz has a long history of investing in high-profile companies and is well known for his successful investments in many large corporations. His involvement in the Disney proxy fight could result in significant changes to the structure and operations of the company.

This item describes the current market situation where investors are betting that peak interest rates are near, and stocks and bonds have been soaring as a result. This is a great opportunity for investors to capitalize on the current market conditions and take advantage of the low interest rates. With the right strategy, investors can maximize their returns and benefit from the current market environment.

The Central Bank of Lebanon has recently announced a drastic reduction in the official exchange rate of the Lebanese pound, dropping it by 90%. This move is intended to help stabilize the country's economy and reduce the impact of the ongoing currency devaluation. The new exchange rate will be set at 3,900 Lebanese pounds to the US dollar, down from the previous rate of 1,507. This move is expected to have a significant impact on the cost of living in Lebanon, as well as on businesses and investors.

Adani Enterprises has cancelled its planned share sale, which was intended to raise funds for the company's expansion plans. The company had planned to issue up to 10 percent of its equity capital in the form of shares to the public. The decision to cancel the share sale was taken due to unfavorable market conditions and the current economic uncertainty. Adani Enterprises is a leading Indian conglomerate with interests in energy, resources, logistics, agri-business, real estate, financial services, and defense. The company has been expanding its operations in India and abroad, and the proceeds from the share sale were intended to fund these expansion plans.

Gautam Adani, the billionaire chairman of India's Adani Group, has urged the country's top businessmen to support a $2.4 billion stock sale by his company. The sale is part of Adani's plan to raise funds for its ambitious projects, including the development of a new port in Gujarat. Adani has asked the country's leading business leaders to invest in the stock sale, which will help finance the construction of the port and other infrastructure projects. The sale is expected to be completed by the end of the year, and Adani hopes that it will help the company achieve its long-term goals.

The Instagram Founders have created a new artifact to compete with Twitter and combat misinformation. This artifact is designed to be an alternative platform for users to share their thoughts and opinions without the fear of being censored or having their posts deleted. It will also provide users with more control over their content, allowing them to moderate comments and delete posts that contain false information. The artifact will also feature a verification system to ensure that users are who they say they are, as well as a reporting system to flag posts that contain false information. The Instagram Founders hope that this artifact will help to create a more informed and responsible online community.

The #ShortSellerAttack caused Darktrace shares to dip recently. Darktrace is a cybersecurity company that uses artificial intelligence to detect and respond to cyber threats. The attack was initiated by a short seller, who released a report claiming that the company's technology was overvalued and that its stock was overpriced. This caused the stock to drop significantly, leading to a loss of investor confidence in the company. Despite this, Darktrace has since recovered and is continuing to grow.

Celsius Misused Customer Funds, Examiner Finds is a report that details the findings of an independent financial examiner who investigated the practices of Celsius, a cryptocurrency lending platform. The report found that Celsius had misused customer funds by using them to purchase digital assets and other investments without the customers' knowledge or consent. The report also found that Celsius had failed to properly disclose its use of customer funds and had not adequately monitored its activities. The report concluded that Celsius had violated its fiduciary duty to its customers and recommended that the company take corrective action.

The Ford Mustang Mach-E is a revolutionary electric vehicle that has been designed to compete in the rapidly growing electric vehicle industry. Ford has recently reduced the price of the Mustang Mach-E to make it more competitive and accessible to consumers. This move by Ford shows their commitment to staying ahead of the curve in the EV industry and providing customers with an affordable, high-performance electric vehicle. The Mustang Mach-E is packed with features such as a powerful electric motor, advanced driver-assistance systems, and a sleek design that will turn heads. With its competitive price and cutting-edge technology, the Mustang Mach-E is sure to be a hit in the EV industry.

This report provides an analysis of the International Monetary Fund's (IMF) growth forecasts for China as it reopens its economy. It examines the impact of falling gas prices on the Chinese economy and provides insight into how the country can best manage its economic recovery. The report also provides an overview of the global economic outlook and the potential implications of the IMF's growth forecasts for China.