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Companies facing 1st tax on stock buybacks in Biden bill | New Orleans CityBusiness

Under the bill President Joe Biden is scheduled to sign into law Tuesday, companies will face a new 1% excise tax on purchases of their own shares, effectively paying a penalty for a maneuver that they have long used to return cash to investors and bolster their stock price.
United States Steven Rosenthal Elizabeth Warren Joe Biden Bernie Sanders Senate Majority Leader Chuck Schumer

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More than 70 Harvard faculty members sign petition against school paper's BDS endorsement

They raised concerns about the effect of the BDS endorsement on the โ€œwell-being of Jewish and Zionist students at Harvard, some of whom have already reportedย that they have become alienated from the newspaper on account of the inhospitable culture that prevails there,โ€
United States Eric Nelson Lawrence Bacow Jond Levenson Elisa New David Stern
Source: jns.org

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