Florida Department of Revenue Operating in New Jersey? Here’s Why
The Florida Department of Revenue (DOR), which oversees tax collection and compliance for the state, operates offices in six states outside Florida — including a location in New Jersey — as part…
Pizzeria Uno Launches New Restaurant Conversion Franchise Strategy to Help Hotel Owners Increase Their Food and Beverage Revenue
With a universally beloved consumer offering, low start-up costs, multiple revenue streams and more, the franchise is well-positioned to become the preferred pizza brand within the lodging industry. Boston, MA (-) Pizzeria…
How Proactive Happy Joe’s Franchisees Maximize Revenue Through Delivery
Pictured from left to right: Darryl Schmitt, Mark Schmitt, and Dan Boland. In the modern restaurant industry, oversaturation and the arrival of new revenue streams have forced operators to learn to adapt…
Pfizer COVID vaccine price hike seen giving revenue boost for years
(Reuters) – Pfizer’s attempt to as much as quadruple its current U.S. prices for its COVID-19 vaccines going forward could spur revenues for years, analysts said. The drugmaker, which developed and sells…
Lam Research warns of up to $2.5 billion revenue hit from U.S. curbs on China exports
(Reuters) – Chip-making technology provider Lam Research Corp on Wednesday warned of a $2 billion to $2.5 billion revenue hit in 2023 from U.S. curbs on exports of high-end technology shipments to…
IBM expects to exceed annual revenue target on resilient cloud momentum
By Chavi Mehta (Reuters) -IBM Corp beat quarterly earnings estimates on Wednesday and said it expects to exceed full-year revenue growth targets as robust demand for the company’s digital services helps cushion…
Uber looks to boost digital ad revenue with new advertising division
(Reuters) – Uber Technologies Inc has launched a new advertising division as the ride-hailing firm looks to diversify its revenue sources through tie-ups with brands and marketers. With a reach of 122…
Hasbro cautions of a decline in annual revenue amid rising inflation
(Reuters) -Hasbro Inc on Tuesday cut its full-year revenue forecast, a sign that price hikes and unabating inflation were prompting consumers to reduce spending on its toys. While toy companies have been…
North Carolina Man Sentenced for Conspiracy to Defraud the United States and Attempts to Interfere with Administration of Internal Revenue Laws
SIOUX FALLS – United States Attorney Alison J. Ramsdell announced today that a Burgaw, North Carolina, man convicted of Conspiracy to Defraud the United States and Attempts to Interfere with Administration of…
Spain aims to increase revenue by 3.14 billion euros with new tax plans
By Belén Carreño MADRID (Reuters) -Spain’s government hopes to increase its tax take by 3.14 billion euros ($3 billion) next year with a series of measures including a temporary wealth tax and…
Former CFO of Claddagh Irish Pubs Parent Company Charged with Defrauding States Out of More Than $1 Million in Sales Tax Revenue
CLEVELAND – First Assistant U.S. Attorney Michelle M. Baeppler announced that the former Chief Financial Officer (CFO) of CDG Acquisition, LLC (CDG), a company registered in the State of Ohio, which owned…
Increasing Revenue in the Restaurant Setting Despite Economic Stressors
Lauren Fernandez As we look toward 2023, there is one thing for certain. None of us have a crystal ball to predict every spike or decline in the economy and restaurant industry,…
Mac’s Hospitality Chooses BeerBoard Technology for More Efficient Alcohol Management and Improved Revenue
Regional hospitality group partners with leader in technology for complete alcohol management to take business to new heights Syracuse, NY (PRESS RELEASE) BeerBoard, the leader in technology and automated intelligence for alcohol…
China’s CanSinoBIO H1 revenue drops on weaker COVID shot demand
BEIJING (Reuters) – China’s CanSino Biologics reported a 69.5% drop in revenue for the first six months versus a year ago, joining global and domestic COVID-19 vaccine makers affected by waning demand…
SGX posts record revenue, profit inches up on derivatives boost
(Reuters) -Singapore Exchange Ltd said on Thursday it posted a marginally higher adjusted profit and record revenues, helped by the bourse operator’s push towards its derivatives product offerings amid a weak securities…
Bank of America says overdraft fee revenue fell 90% since last year
By Elizabeth Dilts Marshall NEW YORK (Reuters) – Bank of America said on Wednesday overdraft fee revenue for June and July was down 90% from last year, as a result of lowering…
China’s fiscal revenue growth slows slightly amid sluggish economic recovery
BEIJING (Reuters) – China’s fiscal revenue growth slowed slightly in the January-July period compared to the first six months of the year, finance ministry data showed on Wednesday, as the economy was…
Ralph Lauren beats quarterly revenue estimates
(Reuters) – Ralph Lauren Corp on Tuesday beat Wall Street estimates for quarterly revenue, helped by firm demand for its higher-priced clothing and accessories from affluent consumers in the United States and…
Former Greene County Commissioner of Revenue Sentenced on Federal Witness Tampering Charge
CHARLOTESVILLE, Va. – The former Commissioner of Revenue for Greene County, Virginia was sentenced today to three months in federal prison and a fine of $7,500 for attempted witnessed tampering in connection…
Apple faces lukewarm demand in China after quarterly revenue drop -analysts
By Josh Horwitz SHANGHAI – Apple should brace for a weakening of demand in China as shoppers curb spending in an anemic economy, some analysts warned on Friday, after the iPhone maker…
Australia’s Star Entertainment flags lower revenue on COVID, regulatory costs
(Reuters) – Australia’s Star Entertainment Group Ltd said on Friday its annual revenue would dip from year-ago levels, pulled down by long spells of operating restrictions, pandemic-led border closures and high regulatory…
Brazilian airline Gol reports Q2 net loss, but net revenue jumps
By Gabriel Araujo SAO PAULO – Brazilian airline Gol Linhas Aereas Inteligentes SA on Thursday reported a steep second-quarter net loss mainly due to foreign exchange variations, sending its shares down even…
Loblaw misses revenue estimates as inflation-hit consumers cut spending
(Reuters) -Canadian retail group Loblaw Cos Ltd reported quarterly revenue below estimates on Wednesday as high inflation forces consumers to rein in discretionary spending. With prices for gasoline and food spiking across…
Lockheed lowers 2022 revenue outlook on charges, F-35 headwinds
By Mike Stone WASHINGTON – U.S. weapons maker Lockheed Martin Corp lowered its 2022 revenue and earnings per share targets on Tuesday after F-35 fighter jet sales fell amid pandemic-related headwinds and…
Petra Diamonds annual revenue up 44% on U.S. demand for gems
(Reuters) – Petra Diamonds on Tuesday reported a 44% jump in full-year revenue to $585.2 million, driven by higher gem prices, an increase in exceptional stones and record jewellery demand in the…
Australia’s Lynas fourth-quarter revenue jumps on soaring rare earths demand
(Reuters) – Australia’s Lynas Rare Earths Ltd on Monday posted a 58% rise in quarterly revenue as the miner of essential metals cashed in on soaring global demand for greener sources of…
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