A senior coalition MP says the GST should not be extended to fresh food. The Turnbull government says all options are on the table when it comes to tax reform, including changes to the rate and base of the goods and services tax. Assistant Minister Michael McCormack says people would be discouraged from buying fresh food if the 10 per cent tax was applied and farmers would face extra costs.
SALT LAKE CITY (AP) _ USANA Health Sciences Inc. (USNA) on Tuesday reported third-quarter net income of $25.6 million. The Salt Lake City-based company said it had net income of $1.92 per share. The nutritional supplement maker posted revenue of $233.3 million in the period. USANA Health shares have risen 27 percent since the beginning of the year.
NEW YORK (AP) — A Brazilian FIFA official who was a key organizer of the 2014 World Cup in his home country pleaded not guilty on Tuesday to U.S. charges stemming from a sprawling bribery case that has scandalized the soccer world. Jose Maria Marin appeared in federal court in Brooklyn following his extradition from Switzerland, where he was arrested in May along with five other FIFA officials in a dawn raid on a luxury hotel in Zurich.
According to a new study by the Center for Retirement Research at Boston College, more than a third of people who have bought long-term care insurance (LTCI) will let their policies lapse at some point, forfeiting all benefits. Read: Majority of workers say retirement savings depends on cost of health insurance This study is a must-read for advisors who are active in the LTCI market.
ATLANTA (AP) _ Invesco Mortgage Capital Inc. (IVR) on Tuesday reported a third-quarter loss of $138.8 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Atlanta-based company said it had a loss of $1.18. Earnings, adjusted for non-recurring costs and amortization costs, came to 40 cents per share.
Prime Minister Malcolm Turnbull wants to lower taxes and make the economy more competitive, but all Labor wants to do is create a scare campaign, a Liberal frontbencher says. Mr Briggs said having a conversation about these difficult issues is the hallmark of Mr Turnbull’s leadership. “The only …
Six months ago, News 13 introduced we to a Maitland family that pronounced it was being forced to live above a flourishing sinkhole as it fought a word organisation in court.The word organisation is settling a family’s explain for a full volume of a policy, though a problems don’t finish there.The family now contingency find […]
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5 Investigates accusations that automobile word companies are not caring for your reserve when it comes to automobile repairs. 5 Investigates accusations that automobile word companies are not caring for your reserve when it comes to automobile repairs. More than 100 correct shops around a nation have filed lawsuits accusing automobile word companies of perplexing […]
SAN DIMAS, Calif. (AP) _ American States Water Co. (AWR) on Tuesday reported third-quarter earnings of $21.1 million. On a per-share basis, the San Dimas, California-based company said it had net income of 56 cents. Earnings, adjusted for pretax expenses, came to 57 cents per share. The water …
MANCHESTER, Conn. (AP) _ Lydall Inc. (LDL) on Tuesday reported third-quarter net income of $11.2 million. The Manchester, Connecticut-based company said it had profit of 66 cents per share. Earnings, adjusted for pretax gains, came to 59 cents per share. The engineered products maker for the …
On a per-share basis, the Richfield, Ohio-based company said it had profit of 26 cents. Earnings, adjusted for investment costs, were 39 cents per share. The insurance holding company posted revenue of $162.5 million in the period. National Interstate shares have declined nearly 4 percent since the beginning of the year.
SEATTLE (AP) — Chipotle’s industry-leading commitment to tracking its ingredients from farm to table is being put to the test by an E. coli outbreak that has sickened at least 37 people as of Tuesday, nearly all of whom ate recently at one of the chain’s restaurants in Washington state or …
NEW YORK (AP) — Vice Media is adding a U.S. cable channel to its digital video empire as it tries to gain viewers in old as well as new media. The network, tentatively called “Viceland,” is “the next step in the evolution of our brand and the first step in our global roll-out of networks around the world,” said Shane Smith, Vice co-founder and CEO, in a statement Tuesday.
Asian stocks rallied early Wednesday, thanks to a positive lead from Wall Street and firmer crude oil prices. Overnight, a fifth straight day of gains for energy counters alongside a rise in tech majors helped propel major U.S. averages. The Dow Jones Industrial Average (Dow Jones Global Indexes: .DJI) and S&P 500 (INDEX: .
(Reuters) – Flipkart, India’s biggest online marketplace, said it hired Google executive Surojit Chatterjee to head consumer experience across desktop and mobile. Chatterjee, who has 33 U.S. patents to his name, most recently was the global head of mobile search advertising and adsense for search at Google.
Trader disclosure: On November 3, 2015 , the following stocks and commodities mentioned or intended to be mentioned on CNBC’s “Fast Money” were owned by the “Fast Money” traders:Dan Nathan is long AMAT Jan call spread, BA Oct put spread, CSCO Jan calls, INTC Dec put spread, M long Jan calls, XLF Dec put spread, IWM Dec put spread, XLI Dec put spread, TWTR.
Malcolm Turnbull faces an internal backlash over possible changes to the goods and services tax. Mr Turnbull says all options are on the table when it comes to improving the tax system, including broadening the base or increasing the rate of the GST. Assistant Minister Michael McCormack says people would be discouraged from buying fresh food if the 10 per cent tax was applied and farmers would face extra costs.
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Engineering group Downer EDI sees the decline in mining-related capex by customers continuing through 2016, but expects to achieve its FY16 profit guidance. “At this point in the year, whilst some of our markets are challenging, I confirm this guidance,” Chief executive Grant Fenn told shareholders at its annual general meeting.
WOODLAND HILLS, Calif. (AP) _ ReachLocal Inc. (RLOC) on Tuesday reported a loss of $35.6 million in its third quarter. On a per-share basis, the Woodland Hills, California-based company said it had a loss of $1.22. Losses, adjusted for costs related to mergers and acquisitions and stock option expense, came to 55 cents per share.
TOKYO (Reuters) – Asian shares rose on Wednesday, taking early cues from overnight Wall Street gains, while investors’ sharper risk appetite lifted U.S. debt yields and supported the dollar. Large tech and energy sector gains drove U.S. stocks higher on Tuesday, with an index of 100 major Nasdaq companies finishing at a record closing high.