10 Companies That Would Take a Hit From a 15% Minimum Corporate Tax

Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerba/Bloomberg Democrats proposed lifting the corporate tax rate to help fund their climate and healthcare package, and if the tax remains part … Read more

Elon Musk Isn’t Going Away if Twitter Rejects Him. Here’s What He Might Pay.

Text size Elon Musk Scott Olson/Getty Images Even if the Twitter board rejects Tesla CEO Elon Musk’s offer to buy the social-media platform, he won’t go away immediately. There is more drama to come. Elvis Presley has something to do with it. Musk tweeted out a lyric from the Presley hit Love Me Tender on … Read more

CCI approves deal involving stake buy in Hero FinCorp by Apollo Global’s Singapore affiliate

The Competition Commission of India (CCI) has approved the stake buy in Hero FinCorp Limited (HFL) by a Singapore-based affiliate of Apollo Global Management. Under the proposed transaction, which has received a CCI nod, AHVF II Holdings Singapore II Pte. Ltd. (Acquirer) will acquire certain compulsorily convertible preference shares of HFL (target), which is the … Read more

Ex-Apollo CEO Leon Black is accusing his fellow co-founder of a ‘malicious campaign’ against him

Ex-Apollo CEO Leon Black is accusing his fellow co-founder of a ‘malicious campaign’ against him | Fortune You need to enable JavaScript to view this site.