tax

Trump Organization official Allen Weisselberg pleads guilty to tax fraud, grand larceny | CBC News

Trump Organization official Allen Weisselberg pleads guilty to tax fraud, grand larceny | CBC News

A top executive at former U.S. president Donald Trump’s family business pleaded guilty Thursday to evading taxes in a deal that could potentially make him a star witness against the company at a fall trial. Trump Organization chief financial officer Allen Weisselberg pleaded guilty to all 15 of the charges he faced in the case, …

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Bill with tax credits for 'North American' electric vehicles passes in U.S. Senate - Canada News

Bill with tax credits for ‘North American’ electric vehicles passes in U.S. Senate – Canada News

Photo: The Canadian Press An electric vehicle is charged in Ottawa on Wednesday, July 13, 2022. The new plan to encourage Americans to buy more electric vehicles built in North America, instead of just the United States, cleared its tallest hurdle Sunday when it passed in the U.S. Senate by a 50-51 margin. THE CANADIAN …

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U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

High prices, margins lift majors to best quarters in history Exxon earnings surpass previous record set in 2012 July 29 (Reuters) – The two largest U.S. oil companies, Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for …

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Chuck Schumer

From Buy American to ‘North American’: Manchin-Schumer deal amends EV tax credits

The existential crisis confronting Canada’s automotive industry may finally be over. U.S. Democrats Sen. Chuck Schumer and Sen. Joe Manchin have agreed to propose doing away with a tax-credit plan that favoured American-made electric vehicles. Instead, the Senate majority leader and the West Virginia moderate are proposing an amendment to Joe Biden’s climate and health …

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