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Employees at the company had started to warm to the idea of Netflix as its corporate owner. Now they face the prospect of major cuts under Paramount.
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It is entirely possible, analysts say, that Netflix will be better off by bailing from its $83 billion deal with Warner Bros. Discovery.
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Congress rushes to get in the loop as critics denounce Iran strikes PoliticoOpinion | Trump's Attack on Iran Is Reckless The New York TimesLawler rips Massie, Democrats over war powers push after US strikes in Iran The HillDemocrats and a few Republicans say they'll force a vote to limit Trump in Iran NBC NewsThe Paradox of Trump's Iran Attack
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Focus is not a personality trait. It is a leadership choice.
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Exclusive: Prior to Iran attacks, CIA assessed Khamenei could be replaced by hardline IRGC elements if killed, sources say ReutersWho's Who in the Iranian Regime WSJInside Iran's Preparations for War and Plans for Survival The New York TimesAli Larijani is an increasingly plausible heir in Iran The EconomistWhat to know about Ali Khamenei, Iran
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In his first report as C.E.O., Gregory Abel, stuck to a straight commentary rather than Warren Buffett's folksy tone. The lower earnings were largely driven by declines in the insurance business.
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Berkshire CEO Greg Abel vows to keep Buffett's culture of disciplined investing in first annual letter CNBCGreg Abel praises Warren Buffett and promises Berkshire Hathaway won't retreat from investing Yahoo FinanceGreg Abel tells Berkshire investors its cash holdings are not a retreat from dealmaking Financial TimesBerkshire Hathaway shareholders just woke up to a letter by someone other than Warren Buffett Fortune
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Iran latest: Netanyahu says 'growing signs' Iran's supreme leader Khamenei is 'gone' after US-Israel attacks BBCISRAEL SAYS IRAN SUPREME LEADER KHAMENEI IS DEAD AxiosUS-Israel war on Iran: Netanyahu says ‘all indications' show supreme leader Khamenei has been killed - live The GuardianLive: Netanyahu says there are signs Khamenei 'is no longer' after US and Israel strike Iran Reuters
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Berkshire Hathaway's Earnings Are Nearly Here. Greg Abel's Letter Will Be Top of Mind for Investors. Barron'sBerkshire Hathaway operating earnings fell nearly 30% in Warren Buffett's final quarter as CEO CNBCBerkshire's operating profit slides nearly 30% on insurance underwriting Yahoo FinanceBerkshire Hathaway profit falls on lower insurance income, Occidental writedown Reuters
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Not long ago, Mr. Zaslav was widely criticized for his management of Warner Bros. Discovery. He overcame the doubters, cementing a blockbuster sale to Paramount.
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With Netflix out of the picture, a Paramount and Warner Bros. Discovery deal may have fewer obstacles to regulatory approval.
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Trump moves toward Iran attack as mediator says nuclear deal is close The Washington Post‘We have a big decision to make' on Iran, Trump says CNNTrump says he'd 'love not to' attack Iran, 'but sometimes you have to' CNBCCan the U.S. and Iran reach a nuclear deal to avert a war? CBS News
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Paramount and Warner Bros. Discovery are poised to shake up the ad industry, but not without clearing some hurdles.
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Join FT journalists to discuss the greenback, monetary policy, markets and Kevin Warsh as the next Fed chair
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President Biden signed the Inflation Reduction Act into law on August 16. The massive climate, energy, tax, and healthcare package contains numerous clean energy incentives including tax credits for the purchase of new and used electric vehicles. But you may not have heard that the new law also revives the tax credit for electric vehicle charging stations and equipment that had expired in 2021. There are some changes to the prior charging station tax credit that you will want to be aware of, so that you can potentially use the tax break for your own EV charger.
What is the Tax Write Off for EV Chargers?
The federal tax credit for electric vehicle chargers originally expired on December 31, 2021. However, the Inflation Reduction Act's Alternative Fuel Refueling Property tax credit extends the EV charger tax incentive ten years—through December 31, 2032.
SEE MORE EV Tax Credits Are Changing: What's Ahead
So, what does that mean for you? Essentially, if you install an EV charging station at home, the tax credit under the Inflation Reduction Act is 30% of the cost of hardware and installation, up to $1,000. Also, beginning in 2023, the tax credit for business and home installations, will apply to other EV charging equipment like bidirectional (i.e., two-way) chargers.
Businesses that that install new EV chargers or EV charging equipment can also benefit from a tax incentive of up to 30% of the total cost of equipment and installation. But they will have to meet certain labor and construction requirements to be eligible to claim the full incentive.
Before the Inflation Reduction Act, the limit on the amount of the EV charger tax credit for businesses was $30,000 (which still applies to projects completed before the end of 2022). However, under the new law, if you complete the business installa
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