Congress to let 55 tax breaks expire at year end
The article reports that Congress will let 55 popular tax breaks lapse at year end, prompting worry for individuals and businesses about planning and future eligibility. Trade groups condemn the recurrent renewals as destabilizing for budgeting and investment decisions across sectors.
MENTIONED IN THIS ARTICLE
Washington, D.C
Congress
Rachelle Bernstein
National Retail Federation
Puerto Rico
Virgin Islands
Samsung sells 110 inch ultra HD TV for 150000
Samsung introduces a 110 inch ultra HD TV priced around 150000 in South Korea. The giant set, offering four times the resolution of standard HD, showcases the push toward large OLED displays despite higher costs. Sony and Panasonic reportedly end their OLED partnership.
MENTIONED IN THIS ARTICLE
Samsung
Seoul
South Korea
LG Electronics
Sony Corp
Panasonic Corp
Home electricity use in U S falls to 2001 levels
New York reports U S household electricity consumption dropping to levels unseen since 2001 as efficiency gains from better building codes, appliances, LEDs and mobile devices curb energy use. Central air, refrigerators and other major appliances have improved, aided by Recovery Act programs and stricter federal standards.
MENTIONED IN THIS ARTICLE
U.S
New York
Association of Home Appliance Manufacturers
Energy Department
Associated Press
Duluth
Minn
Lowe’s
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