European countries slam US withdrawal from tech tax talks

PARIS (AP) — European countries are slamming the Trump administration’s withdrawal from negotiations over a major tax on big tech companies. French Finance Minister Bruno Le Maire, speaking on France Inter, called it a “provocation” and said France will still implement the tax regardless of the U.S. change of heart. Le Maire was referring to […]

UN chief warns leaders pandemic may cause historic famine

UNITED NATIONS (AP) — The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living unless action is taken now. […]

Players call MLB economic proposal `extremely disappointing’

NEW YORK (AP) — A rookie at the major league minimum would keep about 47% of his original salary this year while multimillionaire stars Mike Trout and Gerrit Cole would lose more than 77% under a sliding-scale proposal by big league teams that players found “extremely disappointing.” Major League Baseball made the proposal to the […]

DraftKings debuts on Wall Street amid sports world lockdown

BOSTON (AP) — Sports daily fantasy and betting website DraftKings made its stock market debut Friday against a backdrop of a near-complete shutdown of athletic competition across the globe due to the coronavirus pandemic. The gamble appeared to pay off, with the Boston-based company’s shares closing up 10.4% in their first day of trading. DraftKings’ […]

The Latest: Mahomes to celebrate virtual grads at Texas Tech

The Latest on the effects of the coronavirus outbreak on sports around the world: Super Bowl MVP Patrick Mahomes is set to be part of the virtual graduation ceremonies for Texas Tech, his alma mater. The star quarterback of the Kansas City Chiefs will address the graduates along with two students receiving their degrees in […]

Lack of sports doesn’t stop DraftKings from going public

BOSTON (AP) — Sports daily fantasy and betting website DraftKings will debut as a publicly traded company Friday against a backdrop of a near-complete shutdown of athletic competition across the globe due to the coronavirus pandemic. DraftKings’ move to Wall Street was sealed Thursday after shareholders of a blank-check company, Diamond Eagle Acquisition Corp., approved […]

Tax on internet ads gets traction in Maryland

ANNAPOLIS, Md. (AP) — A measure to make Maryland the first state in the nation to tax companies like Facebook and Google for money they make from digital ads on the internet is making steps forward in the state’s legislature. Opponents, however, say the state would have a hard time enforcing it and that the […]

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