Back to top

Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Pittsburgh Business Times

Pittsburgh Public Schools delays return to in-person learning until April 6

Thu, Jan 28, 2021

Students in the Pittsburgh Public Schools will not return to in-person classes until April 6 at the earliest. The school board approved the plan with a vote of 7-2 Wednesday night. The thought behind that is for teachers and bus drivers to be able to get vaccinated for Covid-19. For more, visit WPXI. ...

Mews on Butler developer pursuing new Penn Heights townhouse redevelopment in Bloomfield

Thu, Jan 28, 2021

Toronto developer launches marketing for new townhouse project near UPMC Children's Hospital ...

County working on ways to streamline vaccine registration process

Wed, Jan 27, 2021

Health Director Debra Bogen also acknowledged the rollout could be smoother and said the current process, which is so web-focused, puts at a disadvantage people who either don’t have access to the internet or who aren’t easily able to navigate the instructions. ...

What the state's saying about more vaccine shipments in next few weeks

Wed, Jan 27, 2021

There isn’t enough supply of either the Pfizer/BioNTech or Moderna vaccines to get to everyone in that first group, as untold numbers of Pennsylvanians have found out in the past week as they have wrestled with registration websites and vaccine providers, including hospitals and pharmacies. ...

Pennsylvania Senate passes $912 million pandemic aid bill, including funds for hospitality industry

Wed, Jan 27, 2021

The measure allocates $145 million in grants to small businesses including taverns and restaurants throughout the state. ...

U.S. Steel names interim head of tubular solutions

Wed, Jan 27, 2021

United States Steel Corp. (NYSE: X) has named Scott Dorn as interim head of tubular solutions, according to a news release.  Dorn takes on the role from Douglas Matthews, senior vice president of tubular solutions, who is scheduled to retire this month.  “Scott’s vast experience and deep understanding of the business position him well to lead U.S. Steel’s Tubular organization,” U.S. Steel Pre...

Pittsburgh Penguins General Manager Jim Rutherford resigns

Wed, Jan 27, 2021

Pittsburgh Penguins General Manager Jim Rutherford announced his resignation from the organization Wednesday afternoon due to personal reasons, the team said. Rutherford, who is 71-years-old, first joined the team during the 2014-2015 season and secured back-to-back Stanley Cup championships in 2016 and 2017. The team made the National Hockey League playoffs every year under his leadership and...

Richard King Mellon Foundation unveils 10-year, $1.2B strategic plan

Wed, Jan 27, 2021

Pittsburgh's biggest foundation builds on core strengths and focuses on six programs. ...

Reports: Lowe's Home Improvement to take 100,000 square feet at Imperial Business Park

Wed, Jan 27, 2021

New owner Silverman Group lands big box retailer as it works to expand the Imperial Business Park ...

Epistemix technology to be used by World Health Organization

Wed, Jan 27, 2021

The company is in the process of closing several contracts with state governments and other organizations for use of its vaccine distribution modeling technology. ...

US Tax News

Tax-News.com: Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report

Thu, Dec 10, 2020

The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. ...

Tax-News.com: BVI Rules Out New Taxes In 2021 Budget

Tue, Nov 17, 2020

The Government of the British Virgin Islands has announced that it will seek to boost tax collections by modernizing tax administration, not by imposing new taxes. ...

Tax-News.com: Cayman Tables Law For Digital Asset Business Regime

Tue, Nov 17, 2020

The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). ...

Tax-News.com: France To Collect Its Digital Services Tax This Year

Tue, Oct 20, 2020

French Minister of Finance Bruno Le Maire has reportedly said that France intends to collect the country's digital services tax in December 2020. ...

Tax-News.com: OECD Indicates New Focus On Virtual Currency Tax Issues

Tue, Oct 20, 2020

The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. ...

Tax-News.com: Cyprus, US To Begin Exchanging CbC Reports

Tue, Sep 22, 2020

Cyprus has announced that a deal for the exchange of country-by-country reports between the territory and the US is expected to become effective and cover reporting years starting on or after January 1, 2020....

Tax-News.com: German FM Scholz Optimistic About 2020 Digital Tax Consensus

Mon, Aug 31, 2020

German Finance Minister Olaf Scholz is optimistic that an international agreement on taxing the digital economy will be reached this year. ...

Tax-News.com: UK Treasury Rules Out Digital Tax Repeal

Mon, Aug 31, 2020

The UK Government has dismissed speculation that it will repeal its digital services tax in a bid to secure a post-Brexit free trade agreement with the United States. ...

Tax-News.com: US-Swiss Agreement Published On Mandatory Binding Arbitration

Mon, Aug 31, 2020

The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24....

Tax-News.com: OECD Releases New Action 14 Peer Review Reports

Fri, Jul 31, 2020

The OECD has released peer review reports reviewing nine territories' progress towards implementing the BEPS Action 14 standard, on improving tax dispute resolution. ...