Analysis finds Amazon, Meta, Alphabet, Netflix, Apple and Microsoft averaged 18.8%, compared with 29.7% US average
The big American tech firms known as the “Silicon Six” have been accused of paying almost $278bn (£211bn) less corporate income tax in the past decade compared with the statutory rate for US companies making the same profits.
Amazon, Meta, Alphabet, Netflix, Apple and Microsoft generated $11tn of revenue and $2.5tn of profits over the past 10 years.
Continue reading...Spring sunshine boosted spending on gardening, DIY and food products, but households are still ‘prudently budgeting’ as bills rise
Warm weather in March helped give a lift to retailers despite a late Easter, with sales of gardening, DIY, food, and health and beauty products getting a boost from the spring sunshine.
Purchases for Mother’s Day also helped retail sales climb 1.1% last month, according to a British Retail Consortium-KPMG survey, keeping pace with February despite trading against a much stronger period a year before and a downturn in visitor numbers on high streets and in retail parks as more sales shifted online.
Continue reading...Administration advances new misrepresentations of US supreme court order in case of Kilmar Abrego García
The Trump administration on Monday misrepresented a US supreme court decision that compelled it to return a man wrongly deported to El Salvador, using tortured readings of the order to justify taking no actions to secure his release.
The supreme court last week unanimously ordered the administration to “facilitate” the release of Kilmar Abrego García, who was supposed to have been protected from deportation to El Salvador regardless of whether he was a member of the MS-13 gang.
Continue reading...Two students traveling on spring break were arrested and charged with assault in Copenhagen, police say
Two American college students traveling for spring break were arrested in Copenhagen, charged with assault, and held in a Danish prison for two weeks following an alleged dispute with an Uber driver, Danish police said.
The family of Owen Ray, a 19-year-old studying at Miami University in Ohio, said he and an unnamed friend have been forced to forfeit their passports and remain in the country.
Continue reading...Mahdawi was at a naturalization interview in Vermont when he was taken in move his lawyers say is ‘retaliation’
Mohsen Mahdawi, a Palestinian green card holder and student at Columbia University, was apprehended by US immigration authorities in Vermont on Monday, according to his lawyers and a video of the incident.
Mahdawi, who was a leader of the pro-Palestinian protests at Columbia last spring, was arrested by Ice on Monday morning in Colchester, Vermont, while he was attending a naturalization interview, his lawyer said in a statement to the Guardian.
Continue reading...Government’s rapprochement with Beijing may risk national security in wake of British Steel crisis, party members say
Senior Labour figures have urged the government to review Chinese investment in UK infrastructure in the wake of theBritish Steel crisis, warning that a rapprochement with Beijing could risk national security.
Government officials insisted on Monday the country remained open to funding from Chinese companies even after a dramatic weekend during which ministers wrested control of the Scunthorpe steelmaking plant from the Chinese owners, Jingye.
Continue reading...The US says it can’t aid in his return as he’s in El Salvador; El Salvador says to help would be like ‘smuggling’ him back
It is difficult to find a term more fitting for the fate of the Maryland father Kilmar Abrego García than Kafkaesque.
Abrego García is one of hundreds of foreign-born men deported under the Trump administration to the Cecot mega-prison in El Salvador as part of a macabre partnership with the self-declared “world’s coolest dictator”, Nayib Bukele.
Continue reading...