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Washington

Johnson & Johnson invests $100 mln to to eliminate health inequities for people of color

7 mins read

The FINANCIAL — Johnson & Johnson announced million in commitments and collaborations over the next five years to invest in and promote health equity solutions for Black people and other communities of color in the United States. Society has been significantly impacted by systemic racism, the COVID-19 pandemic, and the economic decline throughout this year, which have all spotlighted healthcare inequities. “There is an urgent need to take on the inequities rooted in systemic racism that threaten health in communities of color across the United States,” said Alex Gorsky, Chairman and Chief Executive Officer of Johnson & Johnson. “That’s why…

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Johnson & Johnson invests $100 mln to to eliminate health inequities for people of color

7 mins read

The FINANCIAL — Johnson & Johnson announced million in commitments and collaborations over the next five years to invest in and promote health equity solutions for Black people and other communities of color in the United States. Society has been significantly impacted by systemic racism, the COVID-19 pandemic, and the economic decline throughout this year,…

AA, BA and oneworld airline alliance launch transatlantic COVID-19 testing

8 mins read

The FINANCIAL — American Airlines, British Airways and oneworld® have launched an optional coronavirus (COVID-19) medical-based testing trial on select flights from cities in the United States to London Heathrow (LHR), in a combined effort to scientifically demonstrate how COVID-19 testing can reopen international travel and remove the need for passengers to quarantine on arrival. The…

Secretary Pompeo’s meeting with Prime Minister of Georgia

6 mins read

The FINANCIAL — “You are a true friend of this country. We are grateful for your personal and the United States support of our strategic partnership, the most important partnership of this country,” Georgian Prime Minister Giorgi Gakharia stated during today’s meeting with US Secretary of State Michael Pompeo. The Head of State emphasized US-Georgia…

IRS Criminal Investigation identifies $2.3 bln in tax fraud

4 mins read

The FINANCIAL — The Internal Revenue Service released the Criminal Investigation Division’s annual report PDF, highlighting the agency’s successes and criminal enforcement actions taken in fiscal year 2020, the majority of which occurred during COVID-19. A key achievement was the identification of over $10 billion in tax fraud and other financial crimes. “The special agents and professional staff…

More real estate sales coming to DC

6 mins read

The FINANCIAL — The presidential election is over. Major media on all sides of the political spectrum agree that Joe Biden and Kamala Harris have won. No doubt there will be skirmishes ahead, but like Yorktown and Appomattox it’s time to move on. “Whatever else they do, elections spur a lot of economic activity,” said…

Amazon In-Garage Delivery service is expanding to tens of millions of Prime members

3 mins read

The FINANCIAL — Amazon announced that tens of millions of Amazon Prime members will now have access to Key by Amazon’s In-Garage Delivery service in more than 4,000 cities across the United States. Key In-Garage Delivery lets eligible Prime members enjoy contactless package delivery securely inside their garage, and offers convenient delivery confirmation for customers using the Key by Amazon app.…

Hyundai reveals 2022 Tucson SUV

13 mins read

The FINANCIAL — Hyundai unveiled its innovative 2022 Tucson SUV to U.S. media in West Hollywood, California. The all-new Tucson design is derived from a series of Hyundai Design Center concepts expressing its evolving Sensuous Sportiness global design identity. Tucson gasoline and hybrid models will begin availability for the U.S. market in spring 2021, with…

National EIP Registration Day: Community partners can help people sign up for Economic Impact Payment

4 mins read

The FINANCIAL — The Internal Revenue Service urged anyone who doesn’t normally file a tax return and has not yet received an Economic Impact Payment (EIP) to take advantage of “National EIP Registration Day,” on Tuesday, Nov. 10. National EIP Registration Day is part of the agency’s further concerted push with partners across the country…

Record-high percentage of Americans want marijuana legalized

4 mins read

The FINANCIAL — Americans are more likely now than at any point in the past five decades to support the legalization of marijuana in the U.S. The 68% of U.S. adults who currently back the measure is not statistically different from last year’s 66%; however, it is nominally Gallup’s highest reading, exceeding the 64% to…

IRS urges students to register so they can receive $1,200 Economic Impact Payment

5 mins read

The FINANCIAL — The Internal Revenue Service (IRS) today urged any eligible self-supporting college student who doesn’t need to file a tax return to register by November 21 so they can receive an Economic Impact Payment before the end of the year. In advance of the National EIP Registration Day on November 10 and highlighted in…

IRS and tax industry warn taxpayers of a new coronavirus-related scam

3 mins read

The FINANCIAL — The Internal Revenue Service, state tax agencies and the tax industry today warned of a new text scam created by thieves that trick people into disclosing bank account information under the guise of receiving the $1,200 Economic Impact Payment. The IRS, states and industry, working together as the Security Summit, remind taxpayers…

Consumer Financial Protection Bureau issued consent order against SMART Payment Plan

2 mins read

The FINANCIAL — The Consumer Financial Protection Bureau (Bureau) issued a consent order against SMART Payment Plan, LLC (SMART), finding that the company’s disclosures of its loan payment program contained misleading statements in violation of the Consumer Financial Protection Act of 2010’s prohibition against deceptive acts or practices. SMART is a limited liability company with…

On Election Day Pornhub will be reserved only for voters

3 mins read

The FINANCIAL — Pornhub, the premier online destination for adult entertainment, today announced “Give A F**k, Get A F**k,” a campaign to encourage American users to vote. On Election Day, Pornhub will be reserved only for those who have voted in the United States. “Roughly 43 percent of eligible voters – equal to 100 million…

Internal Revenue Service announced changes to help struggling taxpayers

7 mins read

The FINANCIAL — The Internal Revenue Service announced a number of changes designed to help struggling taxpayers impacted by COVID-19 more easily settle their tax debts with the IRS. The IRS assessed its collection activities to see how it could apply relief for taxpayers who owe but are struggling financially because of the pandemic, expanding…

Finance

New research finds no evidence of recovery in US household finances

1 min read

The FINANCIAL — While US GDP is rising, households across the country face continued severe financial fragility, according to new joint research from faculty members at the Saïd Business School, University of Oxford, Harvard Kennedy School and George Washington University. The research uses new data collected from 20,000 adults in the United States between June and October…

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