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  • What to watch in markets: Thursday, March 1

    What to watch in the markets: Thursday, March 1

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  • American workers will see only a tiny portion of the corporate tax windfall
    Business
    Yahoo Finance17 hours ago

    American workers will see only a tiny portion of the corporate tax windfall

    American workers will see only a small portion of the massive windfall of money going to companies following corporate tax reform, according to a new analysis from JUST Capital. With the corporate tax rate dropping from 35% to 21%, many companies have announced plans to hike wages and give out bonuses.ย ย Yahoo Finance has compiled a list of names.ย This year, JUST Capital estimates that the Russell 1000 companies it follows will see $150 billion in tax-related income. Of the 90 of the largest publicly-traded companiesย that have announced plans an average of 6% of that tax-related income will go to workers, according to JUST Capitalโ€™s analysis.

  • Steve Wozniak had $70,000 in bitcoin stolen after falling for a simple, yet perfect, scam
    Business
    MarketWatch17 hours ago

    Steve Wozniak had $70,000 in bitcoin stolen after falling for a simple, yet perfect, scam

    Steve Wozniak, the co-founder of Apple AAPL, +0.96% who is widely considered to be a tech genius, made a rudimentary and expensive mistake recently. โ€œI had seven bitcoins stolen from me through fraud,โ€ Wozniak said at the Timesโ€™ Global Business Summit on Monday. โ€œSomebody bought them from me online through a credit card and they cancelled the credit card payment. It was that easy. And it was from a stolen credit card number so you can never get it back.โ€ With bitcoin BTC, -0.63% ย currently valued at $10,000, the move lost him the equivalent of $70,000 (or $140,000 at bitcoinโ€™s peak value of $20,000). His mistake is far too easy to do, said Joe Blackburn, a cryptocurrency entrepreneur and head