Saturday, January 16, 2021

Biden stimulus plan faces uphill battle through Congress, Republicans - Business Insider

It also sets aside funds to boost food stamps, dramatically ramp up vaccine distribution, and renew a paid leave program through September among other measures. The package is over twice the size of the stimulus law approved by President Barack Obama at start of his term in 2009, reflecting a shift among Democrats on their approach to emergency spending during a crisis.

"Republicans have made it clear they're not going to go for something of this size," Jim Manley, a former senior Democratic aide and now a political strategist, told Insider. "I can't imagine Republicans going for a package like this that includes minimum wage."

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Publisher: Business Insider
Date: 2021-01-16
Author: Joseph Zeballos Roig
Twitter: @PoliticsInsider
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And here's another article:

Higher-yielding U.S. muni bonds cheer Biden's state, city budget relief | Financial Post

CHICAGO — A big burst of federal aid for U.S. states and local governments in Democratic President-elect Joe Biden's massive fiscal stimulus plan helped higher-yielding debt from lower-rated issuers in the U.S. municipal bond market on Friday.

While Municipal Market Data's (MMD) benchmark triple-A yield scale was unchanged in the wake of the Thursday evening unveiling of Biden's $1.9 trillion proposal, the prospect for $350 billion in new federal funding enhanced the attractiveness of debt from financially troubled issuers, according to Greg Saulnier, MMD managing analyst.

Publisher: financialpost
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Cardinal Announces Its 2021 Operating and Capital Budget Focused on Continued Debt Reduction and

CALGARY, Alberta, Jan. 15, 2021 (GLOBE NEWSWIRE) -- (CJ:TSX) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce that its Board of Directors has approved an operating and capital budget for 2021 that will focus on debt reduction, maintaining production levels and abandonment and reclamation expenditures.

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Cardinal's 2021 budget is expected to produce adjusted funds flow of approximately $70 to $75 million and assumes an average royalty rate of 15%, a West Texas Intermediate ("WTI") oil price of US$52/bbl, US/CAD exchange rate of 0.78 and a $2.52/mcf AECO natural gas price.

Publisher: GlobeNewswire News Room
Date: 1/15/2021 10:00:00 PM
Author: Cardinal Energy Ltd
Twitter: @globenewswire
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Kerala Budget: Industry hails VAT reduction on CNG/LNG - The Hindu BusinessLine

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Publisher: @businessline
Date: 2021-01-15T21:28:58 05:30
Author: Our Bureau
Twitter: @businessline
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In case you are keeping track:

Netflix Announces 2021 Film Slate - The New York Times

The normally secretive company made the announcement with the help of a fast-paced trailer . Ryan Reynolds, Gal Gadot and Dwayne Johnson, the high-profile stars of "Red Notice," Netflix's $160 million entry into the PG-13 action world, kicked off the video, which highlighted comedies, dramas, horror, family films and foreign-language movies. (The company did not disclose most of the release dates.

"We have found our way into the business with some incredible, world-class filmmakers," Scott Stuber , the head of Netflix's film division, said in an interview. "People saying, 'You'll never be able to do it,' was, personally, the easiest way to make me go do it."

Date: 2021-01-12T14:00:12.000Z
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Xiaomi welcomes new year with another budget and affordable smartphone Mi 10i | Business Insider
Publisher: Business Insider
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TCL reveals first Android tablet with e-ink-like NXTPAPER screen, plus stylus-equipped budget

TCL produces some of the better Android tablets currently available, if you don't want one of Samsung's various Galaxy Tabs for some reason. The company released a budget 8-inch tablet a few months ago for Verizon, and now TCL is showing off two new options during CES 2021 — one with a new experimental display technology, and a cheaper option targeted at home and educational use.

This tablet is a bit of a weird one — instead of a traditional IPS or AMOLED screen, TCL has opted to use its own 'NXTPAPER' technology for the display. The tech was first announced last year as a possible e-ink competitor, and like e-ink, it primarily uses natural light for displaying content. TCL says the screen has 25% better contrast than most e-ink tablets and provides "smoother video playback", while still consuming about 65% less power than an LCD screen.

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Publisher: Android Police
Date: 2021-01-11T16:00:00 00:00
Author: https www facebook com corbin davenport 50
Twitter: @AndroidPolice
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Budget 2021: Tax Cut On Dividend Paid By Any Mode Other Than Cash

Bad debts written off from the books of account is permitted as a deduction from the taxable income.

Tax deduction from dividends is mandatory for every Indian company or a company that declares and makes payment of dividends within India.

However, no tax shall be deducted from the payment of dividend to an individual shareholder, should the payment be made by any mode other than cash and the aggregate amount of dividend paid or distributed to him during a financial year does not exceed Rs 5,000.

Publisher: NDTV.com
Twitter: @ndtv
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