Best Buy and Target have spent big to fight border adjustment tax
August 8, 2017
Best Buy and Target combined have spent more on lobbying efforts, primarily to fight a border adjustment tax championed by some Republicans, in the first six months of 2017 than they did in all of last year. Best Buy spent $1.71 million, nearly twice the company’s 2016 figure. Target spent $1.48 during the first six months of the year, slightly less than it put into lobbying efforts last year.
Recent News
Climeworks Unveils ‘World’s Largest’ Carbon Capture Plant
Amidst the global climate crisis, a groundbreaking solution emerges: the inauguration of the world’s largest carbon capture plant, “Mammoth,” in Iceland. Developed by Climeworks, this plant marks a significant stride in the pursuit of curbing planet-heating emissions.
Palmer Candy Company Recalls 29 Products for Possible Salmonella Contamination
The Food and Drug Administration (FDA) has recalled 29 of Palmer Candy Company’s white-coated confectionary items because of the potential for salmonella contamination.
Victorinox Pioneers Bladeless Multi-Tools
Victorinox, globally recognized for its timeless Swiss Army Knife, is embarking on a new and different venture: the development of a bladeless version of its iconic multi-tool in adherence to stricter international laws.
Shopify’s Stock Plummets 19% After Earnings Report
Shopify, the Canadian e-commerce company, faced a significant drop in its stock value after releasing its first-quarter results.