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Category: Finance News

Block shares surge as much as 14% after company announces surprise profit

There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.

Published 22 February 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Block, Carvana, Booking Holdings and more

These are the stocks posting the largest moves in extended trading.

Published 22 February 2024
Categorised as Finance News

Capital One’s acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capitol One agreed to purchase rival credit card player Discover for $35.3 billion.

Published 22 February 2024
Categorised as Finance News

Stocks making the biggest moves midday: Nvidia, Rivian, Moderna, Novavax and more

These are the stocks posting the largest moves in midday trading.

Published 22 February 2024
Categorised as Finance News

Mark Cuban got the idea for a $5.7 billion business in a California Pizza Kitchen

Mark Cuban and Todd Wagner came up with an idea to stream basketball games on the internet over lunch in 1995. Four years later, they sold it for $5.7 billion.

Published 22 February 2024
Categorised as Finance News

IRS Commissioner Werfel: Millionaires and billionaires evade more than $150 billion a year in taxes

CNBC’s Robert Frank reports on a recent crackdown from the IRS.

Published 22 February 2024
Categorised as Finance News

Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief

The IRS, with billion of dollars in new funding from Congress, has launched a sweeping crackdown on wealthy taxpayers, partnerships and large companies.

Published 22 February 2024
Categorised as Finance News

IRS to begin ‘dozens of new audits’ of corporate jets in crackdown of corporations, higher earners

CNBC’s Robert Frank joins ‘Squawk Box’ to report on the latest news from the IRS.

Published 22 February 2024
Categorised as Finance News

Stocks making the biggest moves before the bell: Nvidia, Moderna, Rivian, Etsy and more

These are the stocks posting the largest moves in premarket trading.

Published 22 February 2024
Categorised as Finance News

IRS Commissioner Danny Werfel on taxing the wealthy, restoring fairness and utilizing AI

CNBC’s Robert Frank sits down for a wide-ranging interview with IRS Commissioner Danny Werfel, discussing tax on the wealthy, corporate jet audits, AI, and more.

Published 22 February 2024
Categorised as Finance News

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