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Apple’s local tax arrangement with Cupertino comes under fire

Published Fri, 01 Nov 2024 14:42:37 GMT

By Laura Mahoney | BloombergA tax agreement between Apple Inc. and its hometown of Cupertino has come under scrutiny from state regulators, potentially slashing the amount of money that the company sends to the city.The California Department of Tax and Fee Administration launched an audit of the arrangement in 2021, and Cupertino’s finance director is scheduled to explain the findings to the city council on Thursday. The upshot for Cupertino is that local tax revenues are expected to fall 73% this year.Although Apple isn’t named in the city staff report, the company is Cupertino’s largest source of sales tax revenue. According to the audit, revenue will drop to $11.4 million in the current fiscal year from $42.1 million, and Cupertino may be required to return money to the state that it has received in previous years. The city may have to cut staff and other spending to cover the shortfall.“This decline in revenue is due to a change in sales tax distributions based on the anticipate...

Reds start 4-game series against the Phillies

Published Fri, 01 Nov 2024 14:42:37 GMT

Philadelphia Phillies (4-8, fourth in the NL East) vs. Cincinnati Reds (4-7, fifth in the NL Central)Cincinnati; Thursday, 6:40 p.m. EDTPITCHING PROBABLES: Phillies: Bailey Falter (0-0); Reds: Nick Lodolo (0-0)FANDUEL SPORTSBOOK MLB LINE: Reds -121, Phillies +101; over/under is 8 1/2 runsBOTTOM LINE: The Cincinnati Reds host the Philadelphia Phillies on Thursday to open a four-game series.Cincinnati has a 4-7 record overall and a 3-2 record at home. The Reds have gone 2-1 in games when they hit two or more home runs.Philadelphia is 4-8 overall and 1-5 on the road. The Phillies have gone 3-7 in games when they have given up a home run.Thursday’s game is the fourth time these teams match up this season.TOP PERFORMERS:LAST 10 GAMES: Reds: 4-6, .000 batting average, 4.91 ERA, outscored by five runsPhillies: 4-6, .000 batting average, 3.89 ERA, outscored opponents by two runsINJURIES: Reds: Joey Votto: 10-Day IL (bicep/shoulder), Nick Senzel: 10-Day IL (toe), Tony Santillan: 15-Day...

Padres host the Brewers to open 4-game series

Published Fri, 01 Nov 2024 14:42:37 GMT

Milwaukee Brewers (8-4, first in the NL Central) vs. San Diego Padres (7-6, third in the NL West)San Diego; Thursday, 9:40 p.m. EDTPITCHING PROBABLES: Brewers: Eric Lauer (0-0); Padres: Nick Martinez (0-0)FANDUEL SPORTSBOOK MLB LINE: Padres -140, Brewers +119; over/under is 8 1/2 runsBOTTOM LINE: The San Diego Padres begin a four-game series at home against the Milwaukee Brewers on Thursday.San Diego is 7-6 overall and 3-3 at home. The Padres have a 2-1 record in games decided by one run.Milwaukee has an 8-4 record overall and a 3-3 record on the road. The Brewers have the ninth-best team batting average in MLB play at .264.The teams meet Thursday for the first time this season.TOP PERFORMERS:LAST 10 GAMES: Padres: 6-4, .000 batting average, 4.03 ERA, outscored opponents by six runsBrewers: 7-3, .000 batting average, 2.86 ERA, outscored opponents by 26 runsINJURIES: Padres: David Dahl: 10-Day IL (quadricep), Joe Musgrove: 15-Day IL (toe), Robert Suarez: 15-Day IL (elbow), Adam Engel...

Pirates take 3-game road win streak into game against the Cardinals

Published Fri, 01 Nov 2024 14:42:37 GMT

Pittsburgh Pirates (7-5, second in the NL Central) vs. St. Louis Cardinals (5-7, fourth in the NL Central)St. Louis; Thursday, 7:45 p.m. EDTPITCHING PROBABLES: Pirates: Vince Velasquez (0-0); Cardinals: Jordan Montgomery (0-0)FANDUEL SPORTSBOOK MLB LINE: Cardinals -256, Pirates +209; over/under is 8 1/2 runsBOTTOM LINE: The Pittsburgh Pirates hit the road against the St. Louis Cardinals looking to continue a three-game road winning streak.St. Louis is 2-4 in home games and 5-7 overall. The Cardinals have the fourth-ranked team slugging percentage in the NL at .446.Pittsburgh has a 7-5 record overall and a 4-2 record on the road. The Pirates have gone 4-1 in games when they record eight or more hits.Thursday’s game is the first time these teams square off this season.TOP PERFORMERS:LAST 10 GAMES: Cardinals: 4-6, .000 batting average, 4.76 ERA, outscored by five runsPirates: 6-4, .000 batting average, 4.85 ERA, outscored by six runsINJURIES: Cardinals: Packy Naughton: 15-Day IL ...

Miedo y confusión en la región japonesa de Hokkaido: un misil norcoreano activa una orden de evacuación

Published Fri, 01 Nov 2024 14:42:37 GMT

(CNN) — Un misil norcoreano desató este jueves el miedo en la isla de Hokkaido, en el norte de Japón, después de que el sistema de alerta de emergencia del gobierno advirtiera a los residentes que se pusieran a cubierto.Millones de personas recibieron una alerta J, u orden de evacuación, poco antes de las 8 de la mañana, instándoles a buscar refugio, ya que el misil podría caer en la isla o cerca de ella.Pero poco después, el miedo se convirtió en ira y confusión al levantarse la orden de evacuación entre informes de que había sido enviada por error, con funcionarios locales diciendo que no había posibilidad de que el misil impactara en la isla y Tokio confirmando más tarde que había caído fuera del territorio japonés, en aguas de la costa oriental de la península coreana.Muchos residentes criticaron la decisión de enviar la alerta.“¿Para qué sirve la J-Alert, que avisa de la caída de un misil cuando no se sabe dónde caerá?”, se preguntó un usuario de Twitter. R...

Russian anti-war protest dad extradited to Russia

Published Fri, 01 Nov 2024 14:42:37 GMT

The man who fled to Belarus after coming to Russian authorities’ attention because his daughter drew an anti-war picture at school, has been extradited back to Russia, according to a media report.Belarusian authorities handed over Alexei Moskalyov, who was detained in Minsk late last month, to Russia, a spokesperson for the Belarus interior ministry told state newswire RIA Novosti.In late March, a court in the town of Yefremov sentenced Moskalyov to two years in a penal colony for discrediting the Russian army on social media, but he was not present for sentencing, having gone on the run. Moskalyov was detained two days later in Belarus by the local authorities.Belarus under dictator Alexander Lukashenko has closely aligned itself with Russia after it launched a full-scale invasion of Ukraine in February 2022. Russian troops entered Ukraine from Belarus at the beginning of the war; a year later, in late March this year, Lukashenko allowed Russia to station nuclear weapons on Belarus...

In The News for April 13: Which Canadian bank was 2022’s biggest fossil fuel backer?

Published Fri, 01 Nov 2024 14:42:37 GMT

In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what’s on the radar of our editors for the morning of Thursday, April 13, 2023 …What we are watching in Canada …A report from a coalition of environmental groups shows that Royal Bank of Canada was the biggest fossil fuel financier in the world last year after providing over US$42 billion in funding. The annual Banking on Climate Chaos report shows the bank’s funding between 2016 and 2021 put it as the fifth-largest fossil fuel funder but 2022 was the first year it provided the most money. According to the data, Scotiabank ranked ninth globally last year with US$29.5 billion in funding and TD was just behind it at about US$29 billion, while Bank of Montreal ranked 15th and CIBC 16th at US$19.3 billion and US$17.9 billion respectively. At RBC’s annual shareholder meeting last week, chief executive Dave McKay emphasized the importance of energy security and...

Canadian Screen Awards to honour best in film with ‘Brother,’ ‘Viking’ in the lead

Published Fri, 01 Nov 2024 14:42:37 GMT

TORONTO — The Canadian Screen Awards are to celebrate the best in film tonight with Clement Virgo’s “Brother” in the lead with 14 nominations. An evening gala in Toronto will recognize the top films of the past year, following an afternoon show that celebrates digital productions. Coming-of-age drama “Brother” leads the film races with nominations that include best direction and best lead performance for Lamar Johnson. Stéphane Lafleur’s sci-fi comedy “Viking” follows with 13 nominations and David Cronenberg’s body horror “Crimes of the Future” has 11.A week of live events celebrating Canada’s media and entertainment industry wraps tomorrow evening with a gala recognizing television drama and comedies.The leading television nominee is the CBC/BET Plus historical drama “The Porter” with 19 nominations. The public broadcaster’s millennial comedy “Sort Of” received 15 nominations, followed by buddy-cop comedy “Pretty Hard Cases” with 11.H...

Funeral today for Quebec provincial police officer killed on the job last month

Published Fri, 01 Nov 2024 14:42:37 GMT

TROIS-RIVIÈRES, Que. — Police officers and first responders from across North America are expected to participate in a funeral procession today for a Quebec provincial police officer killed while on duty.Twenty-year veteran Sgt. Maureen Breau was fatally stabbed while serving an arrest warrant on March 27 in Louiseville, Que., about 100 kilometres northeast of Montreal.The funeral is to take place at 1:30 p.m. in Trois-Rivières, Que., at Sanctuaire Notre-Dame-du-Cap, on the north shore of the St. Lawrence River, about halfway between Montreal and Quebec City.Thousands of officers and first responders will take part in a three-kilometre procession for Breau, 42, a mother of two whose husband was also a provincial police officer.The man accused in her killing was shot dead by provincial police.Isaac Brouillard Lessard, 35, had been found not criminally responsible by the courts at least five times for past offences. This report by The Canadian Press was first published April 13, 2023....

Prime Minister Justin Trudeau to visit Saskatchewan today to promote Liberal budget

Published Fri, 01 Nov 2024 14:42:37 GMT

REGINA — Prime Minister Justin Trudeau will be in Saskatchewan today to sell the Liberal government’s new budget.Trudeau is to visit a Regina grocery store and meet with families and employees to discuss the budget’s grocery rebate.He is also to make an announcement on measures to make life more affordable for Canadians.Later in the day, Trudeau is to meet with students and other community members.Saskatchewan is represented in Parliament by 14 MPs, all Conservatives.The last Liberal MP in the province was Ralph Goodale, who was defeated in the 2019 election.This report by The Canadian Press was first published April 13, 2023The Canadian Press