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Corporate/Industrial News
IRS Plan to Spend $80 Billion Includes Real-Time Tax Alerts
The tax agency promises digital improvements but no audit-rate increase for most households. Source link
These Tech Workers Say They Were Hired to Do Nothing
Management Managing Your Career Amid layoffs, former workers in tech are venting about jobs with little to do; ‘hoarding us like Pokémon cards’ Source link
Big Hospital Property Owner Expects Earnings Hit
Medical Properties Trust expects to take a roughly $300 million charge tied to a deal involving some of its holdings. Source link
March Jobs Report Shows Hiring Gradually Cooled
U.S. hiring gradually cooled in March as employers added 236,000 workers. The unemployment rate fell to 3.5%. Source link
Paramount Explores Sale of Majority Stake in Noggin Streaming Service
WSJ News Exclusive Media & Marketing Potential sale comes as entertainment conglomerate looks to prioritize Paramount+, Pluto TV streaming platforms Source link
Uniqlo's Parent Company Bets Big on Tiny RFID Chips
Next-generation self-checkout machines are part of a broader effort to improve the supply chain with radio technology, Fast Retailing CIO Takahiro Tambara says. Source link
King Dollar Still Looks Safe From the Yuan
Markets Heard on the Street Weaponizing the dollar creates incentives for change. But as an alternative, the yuan still has serious limitations. Source link
What Happened When Uber's CEO Started Driving for Uber
Dara Khosrowshahi and other executives realized drivers’ complaints were valid. They revamped the app, helping Uber attract workers and extend its lead on Lyft. Driver
Samsung Forecasts Worst Profit in Over a Decade as Tech Slump Hits Memory Chips
Tech South Korean firm said it would cut memory-chip production, joining rivals in addressing supply glut Source link
Microsoft to Pay $3 Million Over Russia Sanctions, Export Controls Violations
Risk & Compliance Journal The majority of the apparent violations involved blacklisted Russian companies or persons in the Crimea region of Ukraine, Treasury officials said