IRS adjusts maximum value of employer-provided vehicles for inflation

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IRS adjusts maximum value of employer-provided vehicles for inflation

The Internal Revenue Service has issued a notice setting the inflation-adjusted maximum value of a vehicle provided by an employer to an employee
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Caltex earnings tank as retail strategy splutters

Caltex’s earnings have plummeted over the past year as profit margins at its refineries shrank and its service stations underperformed. But the company is sticking to its plan to expand its retail convenience arm, and is looking at adding charging facilities for …
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Bitcoin bull predicts prices will triple by 2021 — but fears 'melt-up' in stocks

Las Vegas (CNN Business) Bitcoin’s recovery from last year’s epic crash may have just begun. Bitcoin bull Michael Novogratz told CNN Business that the crypto currency will triple over the next 18 months and return to its all-time high of nearly $20,000.
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Novartis Will Buy Takeda Eye Drug Assets in $3.4 Billion Deal

Novartis AG agreed to pay $3.4 billion for eye-disease assets that Takeda Pharmaceutical Co. is selling after its $62 billion acquisition of Shire Plc
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One Year in, Mahathir Gets Mixed Result on Malaysian Economy

The administration scored negative or mediocre grades on six of 10 categories across the economy, according to a Bloomberg survey of economists
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