Morning Agenda: Toshiba Edges Closer to Selling Chip Unit
- 7 years ago
Morning Agenda: Toshiba Edges Closer to Selling Chip Unit
• Steven Mnuchin, the Treasury secretary, said on Tuesday
that Mr. Trump and Speaker Paul D. Ryan have not yet agreed on the corporate tax rate, and conceded that Mr. Trump’s preferred 15 percent rate would be difficult to push through: “I don’t know if we will be able to achieve that, given the budget issues.”
• There is no resolution on the special tax treatment given to fees reaped by hedge fund managers
and private equity executives, known as “carried interest.”
• There also appeared to be a divide over the lower tax rate for “pass through” businesses, those small businesses
that can pay personal income tax instead of corporate tax.
• Employees said they caught colleagues having sex with supervisors at SoFi’s office in Healdsburg, Calif. Yulia Zamora, who worked as an underwriter
at SoFi from 2015 to 2016, described the company as a frat house: “You would find people having sex in their cars and in the parking lot.
Other executives around him behaved in a similar manner:
• Nino Fanlo, the chief financial officer and a former executive at Goldman Sachs
and Kohlberg Kravis Roberts, is said to have talked openly about women’s breasts and once offered female employees bonuses for losing weight.
DowDuPont will still break itself into three businesses — an agricultural company, a materials science specialist
and a specialty products business — but the allocation will be different.
• Steven Mnuchin, the Treasury secretary, said on Tuesday
that Mr. Trump and Speaker Paul D. Ryan have not yet agreed on the corporate tax rate, and conceded that Mr. Trump’s preferred 15 percent rate would be difficult to push through: “I don’t know if we will be able to achieve that, given the budget issues.”
• There is no resolution on the special tax treatment given to fees reaped by hedge fund managers
and private equity executives, known as “carried interest.”
• There also appeared to be a divide over the lower tax rate for “pass through” businesses, those small businesses
that can pay personal income tax instead of corporate tax.
• Employees said they caught colleagues having sex with supervisors at SoFi’s office in Healdsburg, Calif. Yulia Zamora, who worked as an underwriter
at SoFi from 2015 to 2016, described the company as a frat house: “You would find people having sex in their cars and in the parking lot.
Other executives around him behaved in a similar manner:
• Nino Fanlo, the chief financial officer and a former executive at Goldman Sachs
and Kohlberg Kravis Roberts, is said to have talked openly about women’s breasts and once offered female employees bonuses for losing weight.
DowDuPont will still break itself into three businesses — an agricultural company, a materials science specialist
and a specialty products business — but the allocation will be different.