• Tue, June 17, 2025

by: Newsweek

IRS change proposed in Senate finance bill

The Senate Committee on Finance has unveiled its amendments to the One Big Beautiful Bill Act.

by: WLWT

Man arrested, accused of releasing raccoon into Kentucky business, causing injury

A Kentucky man is facing multiple charges after allegedly releasing a raccoon into a local business, resulting in a person being bitten.

by: ABC12

Michigan House Republican files articles of impeachment against Benson

State Rep. James DeSana of Carleton is accusing Secretary of State Jocelyn Benson of exceeding her authority, filing data with discrepancies and intimidating election officials.

by: 13abc

Businesses open at McCord and Hill during roundabout construction

"These guys, construction guys, they've been very patient trying to help our customers, we're trying to work hand in hand," said the owner of Deano's Dean El-Joubeily

by: Tennessean

Tennessee State University inks deal to free up $96M in push to stabilize finances

TSU and state leaders reached an agreement to reallocate $96 million that will go toward the university's immediate financial needs.

by: KOIN

Woman sentenced for role in burglary ring targeting Portland businesses

A woman was sentenced to prison on Monday for her role in a burglary ring targeting Portland restaurants, bars, lounges and dispensaries, the Multnomah County District Attorney's Office announced.

by: Reuters

Small business seeks early Supreme Court review of Trump's tariffs

(Reuters) -A small business on Tuesday asked the U.S. Supreme Court to decide the legality of President Donald Trump's tariffs, saying the court should take the rare step of hearing the case before appeals fully play out in lower courts. Learning Resources, which makes educational toys, challenged Trump's tariffs and won a court ruling on May 29 that Trump cannot unilaterally impose tariffs using the emergency legal authority he had cited for them. But that ruling - along with a similar ruling i

by: CNN

Elon Musk's X sues New York to block content moderation law | CNN Business

Elon Musk's X Corp sued New York on Tuesday, challenging the constitutionality of a state law requiring social media companies to disclose how they monitor hate speech, extremism, disinformation, harassment and foreign political interference.

by: legit

Business owners, lawyers to face new costs as CAC increases service fees

The Corporate Affairs Commission (CAC) has listed new service fees for its service. This move affects business owners, lawyers and others who use their services.

by: AOL

What the business world has to like (and not) in Senate version of Trump's 'big, beautiful bill'

The business community has some clear wins in a Senate version of President Trump's 'big beautiful bill,' but it isn't getting everything it wants.

by: PBS

NJ Spotlight News | NJ Shore businesses face summer uncertainty | Season 2025

More tariffs, fewer Canadian visitors and immigration concerns could affect tourism

by: Variety

CineEurope Tackles Big Issues Facing the Global Exhibition Business

CineEurope tackles big issues facing the global exhibition business.

by: Forbes

The Counterintuitive AI Strategy That Small Businesses Need

Focus first on what won't change in your business over the next decade, then apply AI to only those elements.

by: Fortune

Europe's secret 'big bazooka' could be a key retaliatory tool against Trump's new tariffs

The Anti-Coercion Instrument is a secret weapon the EU has never used before.

by: GlobalData

UK Finance reports rise in SME lending by high street banks

This marks the sixth consecutive quarterly rise and the highest amount since the second quarter of 2022, driven largely by SMEs.

by: WFTV

Orlando businesses anticipate business boost from FIFA crowds

Bartenders and restaurant employees say this is a big win for the city.

by: fox13now

"Shade nine" is a full service hair salon and blow dry bar with a new side business, Hairday

Shade nine is located in the heart of American Fork, and is a full service hair salon, blow dry bar and a new business called Hairday.

by: Investopedia

Will AI Solve the Advisor Shortage or Put RIAs Out of Business?

In this week's episode of The Deep Dive, Jay Hummel speaks with Dr. Vinay Nair about AI and how it will affect the wealth advisory industry.

by: MLive

Multiple break-ins to downtown Ypsilanti businesses under investigation

A man broke into three Ypsilanti businesses Thursday, May 22, according to the Ypsilanti Police Department.

by: TechCrunch

Sylndr, with a fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt | TechCrunch

Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. Development

by: GlobalData

Asset finance new business fell by 7% in April 2025

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) fell in April 2025 by 7% compared with the same month in 2024.

by: Fortune

Carried interest is no longer just for PE firms. A new wrinkle for executive comp at BlackRock and Goldman Sachs could become the norm across finance

Both Wall Street giants have decided to flex their muscles as top 10 alternative asset managers.

by: CNN

DOGE layoffs may have compromised the accuracy of government data | CNN Business

In the early days of President Donald Trump's second term in office, federal websites went dark and data disappeared as the newly formed Department of Government Efficiency set its sights on streamlining the government.

by: Reuters

US business group says Washington should treat Taiwan like partner not adversary

TAIPEI (Reuters) -The United States should treat Taiwan like a partner and not an adversary, remove new and proposed tariffs, restore high-level cabinet visits and agree a double taxation deal, the American Chamber of Commerce in Taiwan said on Tuesday. Taiwan, which China views as its own territory, enjoyed strong support from U.S. President Donald Trump's first administration, which regularized arms sales that President Joe Biden continued.

by: PBS

NJ Spotlight News | Business Report: Fraudulent unemployment payments | Season 2022

Report found more than 140,000 NJ residents received payments they shouldn't have

by: Forbes

Why 2026 Will Be A Big Year For AI In Business Finance

Also in the Forbes CFO newsletter: Rate cuts unlikely as Fed meeting begins, Senate confirms Billy Long to lead IRS, Chime and JBS see green as they IPO.
  • Wed, June 18, 2025

by: WAVY

Businesses encouraged to join Chesapeake's camera sharing program

The video above is from a Feb. 2023 WAVY Special Report. CHESAPEAKE, Va. (WAVY) - The Chesapeake Police Department is asking businesses to join the city's camera sharing program. By doing so, the businesses would register their exterior security cameras through the Flock Safety system, which has cameras of its own placed across area cities. [ ]

by: WMUR

City officials, business leaders break ground on site of new community center in Manchester

Construction of the Mark Stebbins Community Center in Manchester is moving forward.

by: KTBS

Chase Debuts New Sapphire Reserve for Business Card

Luxury business travel card enthusiasts: Chase has entered the chat. The Chase Sapphire Reserve for Business officially launches June 23. Some details remain under wraps, including the initial sign-up bonus.

by: Impacts

Balancing Debt and Savings: Strategies Supported by Modern Finance Apps

Managing money today goes beyond tracking spending or checking balances. With inflation, rising costs, and growing household debt, balancing saving and repayment is harder than ever. Fortunately, modern finance tools offer new ways to stay in control even during emergencies.

by: MassLive

People in Business: June 9, 2025

People in Business

by: Reuters

China's Xiaomi founder expects EV business to turn profitable in H2

China's Xiaomi founder and CEO Lei Jun said on Tuesday that he expected the company's auto business to turn profitable in the second half of the year, according to a company spokesperson. Xiaomi's loss from its smart electric vehicles, AI and other new projects amounted to 0.5 billion yuan ($69.5 million) in the quarter ended March 31, with its EV revenue reaching 18.1 billion over the same period. Xiaomi will start selling its second EV model YU7 in July.

by: WKRG

Navarre man arrested after note found in business bathroom asking for help: SRCSO

SANTA ROSA COUNTY, Fla. (WKRG) A Navarre man was arrested on May 28 after a note found in a business' bathroom said a woman was being held against her will, according to the Santa Rosa County Sheriff's Office. The SRCSO news release said they were called after someone had found a note in the [ ]

by: BBC

Shrewsbury: Disposable vape ban 'will bring in more business'

One vaping shop says the ban could increase the number of customers coming through its doors.

by: ThePrint

16th Finance Commission team arrive in Ranchi on four-day visit to Jharkhand

Ranchi, May 28 (PTI) A high-level team from the 16th Finance Commission arrived here on Wednesday on a four-day visit, an official said. While most members of the 14-member delegation have reached, the remaining ones are expected to arrive by Thursday morning. The team will hold discussions with the Jharkhand government, including Chief Minister, [ ]

by: BBC

Jersey business to hold concert for sepsis amputee

The business hopes to add to the 400,000 that has already been collected.

by: PBS

NJ Spotlight News | Business Report: More federal funds for rent relief | Season 2022

The state has received an additional $42.7 million in federal funds for rent relief.

by: Impacts

The Benefits of Investing in IT for Businesses

by: BBC

Poundland founder would have bought business back

Steve Smith says he made an attempt to buy his old firm, but was too late.

by: PBS

NJ Spotlight News | Business Report: Stimulus talks, tax fight, Google lawsuit | Season 2020

Business Correspondent Rhonda Schaffler brings you today's New Jersey business news.

by: Forbes

Three Potential Steps For Registering Your Business

Registering your business is a fairly straightforward and low-cost process and includes the following areas.

by: Forbes

Why Business-First Engineering Wins

Great engineering leaders don't just build things right they ensure we build the right things.

by: Forbes

7 Effective Personal Finance Best Practices You Need To Start Today

Mastering personal finance is an essential life skill. This article discusses 7 crucial tips that can help your achieve financial success.

by: CNN

These Americans are done with Trump. So they're leaving America | CNN Business

The Celluras had only 48 hours to decide if they should uproot their lives in Asheville, North Carolina to move to Morocco with their two youngest children.

by: CNN

Trump's tariff fallout? It's worse than we previously thought, says OECD | CNN Business

President Donald Trump's trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development.

by: CNN

If the Fed lowers interest rates this year, it'll likely be because of bad news. Here's why | CNN Business

Rising unemployment will likely be what pulls the trigger for the Federal Reserve to finally begin lowering interest rates again, economists say.

by: CNN

What's open and closed on Juneteenth 2025 | CNN Business

Juneteenth, which commemorates the end of slavery in the United States, became the newest US federal holiday in 2021. On Thursday, many communities on Thursday will be holding celebrations and parades - its storied history has held significance for many Black Americans for a long time.

by: CNN

AI warnings are the hip new way for CEOs to keep their workers afraid of losing their jobs | CNN Business

Every few weeks, the Earth cries out for an AI scare on a frequency heard only by tech CEOs. And lo, like a rain cloud over a parched valley, here comes Amazon boss Andy Jassy to shower us with fresh fear and dread.

IRS change proposed in Senate finance bill

The Senate Committee on Finance has unveiled its amendments to the One Big Beautiful Bill Act.
The IRS has decided to terminate its Direct File pilot program, which allowed taxpayers to file their taxes directly with the agency for free, following the passage of a Senate Finance Committee bill that included a provision to end the program. The IRS had launched the pilot in 2024 to test the feasibility of a government-run tax filing system, but the new legislation, which was part of a broader tax package, effectively halted the initiative. The decision to end Direct File has sparked debate, with supporters arguing that it provided a cost-effective and user-friendly alternative to commercial tax preparation services, while critics, including some lawmakers, contended that it represented an unnecessary expansion of government services and could unfairly compete with private sector companies.

Read the Full Newsweek Article at:
https://www.newsweek.com/irs-change-direct-file-termination-senate-finance-bill-2086683
Like: 👍

Similar Business and Finance Publications
Former Internal Revenue Service workers leave their office after being laid off in downtown Denver, Colorado on Thursday, February 20, 2025. The IRS began laying off thousands of employees in the middle of tax season as the Trump administration via the Department of Government Efficiency (DOGE) works to downsize the federal workforce.