In this same period, a number of defense contractors have been doing remarkably well. Lockheed Martin, the Pentagon's top contractor, reported that, compared to 2019, its earnings are actually up—yes, up! The company's success led the financial magazine Barron's to call it a "pandemic star." And those profits are only likely to grow, given the Trump administration's recent approval of a 10-year deal to sell $62 billion worth of its F-16s to Taiwan.
And Lockheed Martin is far from the only such outfit. As Defense One reported, "It's becoming abundantly clear that companies with heavy defense business have been able to endure the coronavirus pandemic much better" than, for instance, commercial aerospace firms.
And here's another article:
Council approves budget, lower rate - News - Lubbock Avalanche-Journal - Lubbock, TX
The Midlothian City Council last week held a public hearing and approved the annual operating budget and ad valorem tax rates for the 2020-2021 fiscal year, which begins Oct. 1.
City finance director Ann Honza told councilmembers that the tax rate for the new fiscal year will decrease by one cent, to 67.5 cents per $100 of assessed valuation. Of that amount, 37.3975 cents will be directed toward maintenance and operations, and 30.1025 cents toward interest and sinking funds.
Samsung To Manufacture Snapdragon 875 Chipsets for Qualcomm: Company May Focus on Budget-Level
Samsung, although not the best in class, is an outstanding manufacturer. The company even makes SoC for mobile phones. Recently, according to an article from WCCFTECH , the company may be looking to manufacture the latest chips from Qualcomm in the near future.
Samsung to Reportedly Handle All Snapdragon 875 Orders – Korean Giant Said to Make $850 Million From New Qualcomm Deal https://t.co/f63O30V8by pic.twitter.com/K8hWvkfn9w
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As the tweet states, the company has made a new deal which is somewhat of a surprising development. The company, for a change, took precedence over the chip manufacturing giant: TSMC. According to the article, Samsung bagged the deal when it claimed to be providing a larger manufacturing scale on a smaller price point. This is no doubt a great deal since rumors suggested that the Snapdragon 875 chipsets would come out at a higher price point.
Third of businesses want tax rate lowered in budget
Accounting software business MYOB, now owned by private equity giant Kohlberg Kravis Roberts, surveyed 1085 business around Australia on what they had experienced during COVID-19 and how they expected business to continue.
MYOB chief executive Greg Ellis said the surprise was how close the top three responses for federal budget demands were to each other.
"Business is looking to invest not just based on the tax rate – the tax rate does improve cash flow – but clearly cutting red tape is growing as motivation to invest," he said.
Check out this next:
Penn Wharton Budget Model Analyzes the Biden 2020 Campaign Platform: Budget and Economic Effects
Including macroeconomic and health effects, by 2050 the Biden platform would decrease the federal debt by 6.1 percent and increase GDP by 0.8 percent relative to current law.
Business Leaders Urge Mayor de Blasio to Stop New York City's Decline - WSJ
Austria's budget '5G' auction shows Dutch telcos were fleeced | Light Reading
Outside visitor hotspots, your conscientious telecom executive, seeking refreshment after a day in the cloud-native coalface, would hand over between �4 ($4.75) and �4.50 ($5.35) for a pint of beer in Amsterdam, according to a quick Internet search.
His counterpart in Vienna would pay about �4 for the same foamy treat, as long as he avoided the main tourist thoroughfares.
In other words, there is little difference between them when it comes to the price of a basic consumable. And why should there be? Austria is hillier and less populous than the Netherlands. The Dutch are more enthusiastic cyclists. But socio-economically, the two countries have much in common.
Women share how working from home has affected their budgets
� WHEN the work-from-home order was instituted a few weeks after Jamaica recorded its first case of COVID-19, many workers and businesses struggled to adapt to this new normal, as it was a novel situation for the majority of companies which had staunchly adopted the swipe card, clock in-clock out mode of operation.
But then suddenly working from home was the direction the world was heading into, and even businesses which previously claimed that they couldn't operate remotely were forced to find ways to. Also adapting were families, who not only had to juggle one or both partners turning their homes into their offices, but had to also include homeschooling their children into the mix, all this while balancing a budget that may have been affected by salary cuts.
Happening on Twitter
Peter Strzok to NBC: "I believed at the time in 2016, and I continue to believe, that Donald Trump is compromised b… https://t.co/baRYoCmCbT kylegriffin1 (from Manhattan, NY) Sun Sep 13 23:00:00 +0000 2020
FLASHBACK: Alexander Vindman incorrectly claimed in his prepared testimony that he was "the principal adviser to th… https://t.co/8sSXfcIi70 TrumpWarRoom (from MAGA Country) Mon Sep 14 13:58:58 +0000 2020
More from Bob Woodward, including why the president's intelligence team said he is a "threat to the national securi… https://t.co/miSnfO5WBL 60Minutes (from New York, NY) Sun Sep 13 23:29:42 +0000 2020
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