Below please find daily updates pertaining to the latest in financial, business, and tax news:
Evoqua water Technologies announced Friday that it had added a new member to its board of directors. According to a press release from the company, Lisa Glatch had been appointed to the board of the Pittsburgh-based water treatment technologies company. Glatch is currently the COO of Sempra LNH, an affiliate of Sempra Energy. In her role with Sempra, Glatch manages several facets of the compan...Fri, Feb 21, 2020
Continental exec say the delay to move forward with developing Lot 10 next to PNC Park helped to build the case for including residential condos in the project. ...Fri, Feb 21, 2020
Trustees of Pennsylvania State University are considering a proposed $14.7 million modernization and upgrade to the Ostermayer Laboratory at the Greater Allegheny campus. The 22,000-square-foot facility, built in 1973, houses two biology and two chemistry teaching labs, plus research and preparation spaces, faculty and staff offices and a general purpose classroom. The full board was schedule...Fri, Feb 21, 2020
Portland, Oregon home wireless monitoring startup Circle Media Labs has sold one of its business lines to Pittsburgh software maker Smith Micro Software (Nasdaq: SMSI) for $13.5 million. The company sold certain assets including customer contracts and technology license for its business that powered the parental controls of other telecom companies. For instance, in 2018, Circle inked a deal wi...Fri, Feb 21, 2020
It hasn't yet gotten the final investment decision that supercharged Shell's Beaver County petrochemical plant, but work and investment is still going on at the proposed site of PTT Global Chemical America's polyethylene plant in Belmont County, Ohio. PTT, a Thailand-based petrochemical company, has been considering for the last several years a site to build a plastics plant similar to the one...Fri, Feb 21, 2020
There were 267 commercial bankruptcy filings in western Pennsylvania last year, 30 more than in 2018, while national filings increased 2.4%. ...Fri, Feb 21, 2020
Mixed-use proposal to bring offices, condos, parking, entertainment and "Pirates Plaza" to corner parcel across from PNC Park ...Fri, Feb 21, 2020
Dinges commented about the natural gas market during Cabot's conference call with analysts discussing the natural gas company's results. ...Fri, Feb 21, 2020
Chevron Corp. is planning an initial round of local layoffs April 6 as it works to divest its Appalachian natural gas operations, according to a letter the company sent to the Pennsylvania Department of Labor & Industry earlier this month. Chevron (NYSE: CVX) has 288 employees at its regional headquarters at 700 Cherrington Parkway in Moon Township near Pittsburgh International Airport. It als...Fri, Feb 21, 2020
MSA Safety Inc. announced Friday that it had appointed Glennis Williams as vice president and chief human resources officer. She will join the company's Executive Leadership Team and succeeds Paul Uhler, who will retire from the company in May. Williams is joining the Pittsburgh-based manufacturer of safety products from Hillenbrand Inc., an Indiana-based manufacturing conglomerate. While at H...
The EU has added the Cayman Islands, Palau, Panama, and the Seychelles to its list of non-cooperative tax jurisdictions, bringing the total tally to 12 from 8. ...Thu, Feb 20, 2020
In a new report for G20 ministers, the OECD has provided an update on its work to tackle tax base erosion and profit shifting relating to multinational businesses. ...Thu, Feb 20, 2020
Democrats in the United States Senate have introduced a bill that would block proposals to introduce a "high-tax exemption" to the Global Intangible Low-Tax Income regime. ...Thu, Feb 20, 2020
France's Directorate General of Public Finance confirmed in a statement issued on February 10, 2020, that companies liable for the country's digital services tax can delay payment of upcoming installments of the tax until December 2020. ...Mon, Jan 27, 2020
On January 22, 2020, French Finance Minister Bruno Le Maire confirmed that France will suspend collection of its digital services tax this year to prevent the United States from applying retaliatory tariffs on a range of French goods. ...Mon, Jan 27, 2020
The UK Chancellor, Sajid Javid, has said the UK intends to push ahead with the introduction of a digital services tax from April 2020, despite warnings from the US that it would consider tariffs on UK-made goods. ...Mon, Jan 27, 2020
On January 16, 2020, the US Senate voted to approve the US-Mexico-Canada Agreement, which will replace the existing North American Free Trade Agreement....Mon, Jan 27, 2020
On January 8, 2020, a bill was introduced in the Senate of the US state of Maryland that would impose a tax on revenues associated with digital advertising derived in the state. ...Wed, Jan 15, 2020
On January 9, 2019, the United States Internal Revenue Service announced the launch of a new Gig Economy Tax Center, which is intended to help taxpayers meet their tax obligations through more streamlined information. ...Wed, Jan 15, 2020
According to French Finance Minister Bruno Le Maire, France and the United States will in the next two weeks attempt to reach a compromise over their ongoing dispute regarding France's new digital services tax....
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