
President Biden proposes eliminating a loophole that allows wealthy people to pass assets tax free to their children but Republican lawmakers say it will hit middle class Americans.
The London Stock Exchange Group is confident the integration of its $27 billion deal for Refinitiv, a data and analytics company, will pay off for the bourse despite recent challenges, Chief Executive David Schwimmer said on Friday. "We're in a strong financial position," Schwimmer told an online investor event. The LSE's acquisition of Refinitiv turned the exchange into the second largest financial data company after Bloomberg LP.

‘He says he doesn’t want to pay rent, as he is not getting anything in return and the money is wasted. He thinks I am making money from him.’

(Bloomberg) -- International Business Machines Corp. President Jim Whitehurst is stepping down after three years at the century-old technology company. The shares fell the most in five months.The departure marks one of the first major corporate reshuffles under Chief Executive Officer Arvind Krishna, who took the helm last year and has moved quickly to reshape IBM and return it to growth. Whitehurst, 53, is the former CEO of Red Hat Inc., which IBM announced it was acquiring in 2018 in a $33 bil
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