INDIANAPOLIS (WISH) — Right here’s a take a look at Tuesday’s enterprise headlines.
The Pacific Northwest wine grape harvest has been broken by wildfires.
Smoke and classic variation decreased Oregon wine grape harvest by 29% in 2020. Pinot Noir, the state’s mainstay, was hit particularly laborious.
COVID take a look at
The IRS is reminding taxpayers that dwelling testing for COVID-19 is an eligible medical expense for well being financial savings accounts and versatile spending preparations.
The company’s message got here the day after President Biden introduced his newest mandate for companies with 100 workers or extra to require their staff to get vaccinated in opposition to COVID-19 or conduct weekly exams on unvaccinated staff.
Fb says its guidelines apply to all. Nevertheless, firm paperwork reveal a secret elite that’s exempt.
The Wall Road Journal says Fb has an issue known as X-check that protects public figures whose posts include harassment or incitement to violence, violations that may usually result in sanctions for normal customers.
President Biden’s skill to win new tax hikes will dictate the way forward for the inventory market, in keeping with Goldman Sachs.
The agency estimates that elevating the home tax charge to 25% and passage of about half of the proposed enhance on tax charges to overseas earnings will decrease S&P 500 earnings by 5% and will sluggish financial development.