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Coca-Cola shares fall 3% after company forecasts modest growth amid demand concerns CNBCYour Coke cost 4% more in North America last quarter, and just 1% more globally FortuneCoca-Cola falls after organic sales guidance disappoints; Pepsico also lower (KO:NYSE) Seeking AlphaCoca-Cola Revenue Rises on Higher Volume, Prices Yahoo Finance
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Sales at U.S retailers fizzled at the end of the holiday shopping season, suggesting consumers worried about the economy might be cutting back on spending as a new year got underway.
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Bad Bunny vs. Kid Rock: Here's how many people watched each Super Bowl halftime show San Francisco ChronicleHalftime ratings: How many watched Turning Point, Bad Bunny shows El Paso TimesZach Bryan calls Turning Point USA's halftime show ‘embarrassing as hell' San Francisco ChronicleCandace Owens Claims Turning Point USA's All-American Halftime Show ‘Scammed Its Views' Count Yahoo
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America's car dealers are coming to a stark realization: The new vehicles on their lots too often cost too much, and that could create trouble for their businesses in 2026.
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Sports-focused private equity investor Otro Capital has collected $1.2bn through its debut fundraising process, "substantially exceeding" its initial target.
The post Ex-Redbird Capital investment professionals seal $1.2bn in debut Otro Capital fundraise appeared first on AltAssets Private Equity News.
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There's no way to sugarcoat this: Small and midsize businesses should be scared to death about the consequences of the Inflation Reduction Act. Unless they provide goods and services to the green energy industry, the law's unforeseen consequences could increase their operating expenses in two ways. Here's what to expect — and how to prepare.
SEE MORE Audit-Proof Your Small Business
The Inflation Reduction Act is essentially a climate change law with some health care benefits. While the new legislation doesn't include any direct tax increases on small and midsize businesses, some of its provisions have the potential to raise costs for these companies significantly.
First Reason Why Cost of Business Could Be Going Up
For one, your chances of being audited may be going up. The new bill substantially expands the Internal Revenue Service's budget: More than half of the $80 billion increase in the IRS budget over 10 years will be used to beef up enforcement through new technology and new hires. That means more audits for companies that are the least able to financially manage them. I worry for businesses that gross $5 million or less since they usually don't have excess funds to pay a lawyer $50,000 to fight the IRS if their matter proceeds to court.
In a letter to the Senate, the agency's commissioner said, "These resources are absolutely not about increasing audit scrutiny on small businesses or middle-income Americans." Even so, with the hire of new auditors, it's likely that people with little or
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