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>>Millions Of Taxpayers To Share In $141-Million TurboTax Settlement

(New York, NY)  --  Millions of taxpayers will share in a 141-million dollar TurboTax settlement.  New York Attorney General Leticia James said on Thursday that TurboTax owner Intuit charged people for services that should have been free.  The settlement covers four-point-four million military members and low-income taxpayers for the 2016 through 2018 tax years.  They'll get an email from the settlement fund administrator, then receive a check automatically without having to file a claim. 

 

>>Sanders Unveils Push For $17 Minimum Wage 

(Washington, DC)  --  Vermont Senator Bernie Sanders is proposing legislation to raise the national minimum wage to 17-dollars an hour.  He told reporters Thursday the Senate Health, Education, Labor and Pensions Committee, which he chairs, will mark up the bill June 14th.  Sanders has long pushed for a higher federal minimum wage, which currently sits at seven-dollars and 25-cents an hour.  Sanders said millions of Americans are currently working on "starvation wages."  

 

>>Anheuser-Busch CEO Address Dylan Mulvaney Controversy

(St. Louis, MO)  --  The CEO of Anheuser-Busch is addressing the controversy surrounding a transgender influencer.  On an earnings call with investors Thursday, Michel Doukeris clarified that Bud Light's team-up with Dylan Mulvaney was not a campaign.  He said, "This was one camp, one influencer, one post and not a campaign."  Bud Light received backlash from conservatives after a personalized can was sent to Mulvaney to celebrate her one-year anniversary of identifying as a woman.  Since Mulvaney posted about the can, Anheuser-Busch lost five-billion dollars in market value and has seen a drop in sales.  The CEO added Anheuser-Busch is "providing direct financial support" to frontline workers like delivery drivers and servers who have been impacted by the calls for a boycott of the beer.

 

>>Former Mastercard CEO Banga Is New World Bank President

(Washington, DC)  --  Former Mastercard CEO Ajay Banga is the new president of the World Bank.  The World Bank's board of governors elected the Indian-born finance and development expert to a five-year term on Wednesday.  Banga will be charged with revamping the lender to take on climate change and other global crises.  President Biden nominated the 63-year-old Banga in February.  He'll take over as World Bank president on June 2nd.

 

>>Paramount Global Shares Fall On Weak Earnings Report

(New York, NY)  --  Paramount Global share fell more than 28-percent Thursday after the company reported earnings and revenue that missed analysts' estimates and cut its quarterly dividend.  It was the worst day for Paramount Global's stock since Viacom and CBS merged more than four years ago.  The company reduced its dividend for the first time since 2019,  cutting it to five cents per share, down from 24 cents.

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