Solar tax credit extension faces uphill fight in Congress
The Solar Energy Industries Association pushes to extend the investment tax credit ITC beyond 2016 as solar leads growth with Bloomberg NEF predicting 9 GW of new capacity in 2015 powering 6 million homes. Obama cites solar job gains, while SEIA seeks stable policy amid a Republican Congress and market pressures on fossil fuels and nuclear. The ITC currently supports 30 percent deductibility and would drop to 10 percent for commercial projects and vanish for residential if not renewed.
MENTIONED IN THIS ARTICLE
Washington
United States
Solar Energy Industries Association
ITC
SEIA
Ken Johnson
Bloomberg New Energy Finance
U.S
Barack Obama
Obama
Solar
Congress
Johnson
The Sharing Economy Where Trust Feeds Growth and Revenue
A PricewaterhouseCoopers analysis projects the sharing economy could reach 335 billion dollars in global revenue by 2025 driven by transportation and travel firms like Uber Zipcar and Airbnb. The study notes younger adults favor experiences over ownership and that trust shifts from individuals to collective crowdsourced ratings fueling the trend.
MENTIONED IN THIS ARTICLE
Ashington
Byx
Pricewaterhouse-Coopers
Uber
Zipcar
Airbnb
PWC
PricewaterhouseCoopers
Apple executives among top US earners per Bloomberg Pay Index
Five Apple incumbents and a former CFO earned 281 million dollars last year, totaling about 1 percent of Apple’s economic profit. Angela Ahrendts led pay at Apple with 82.6 million, followed by Peter Oppenheimer at 74.5 million and Tim Cook at 65.2 million. The Bloomberg index ranks pay as a share of economic profit to show pay-for-performance.
MENTIONED IN THIS ARTICLE
New York
Apple
United States
Bloomberg
U.S
Tim Cook
Angela Ahrendts
Eduardo Cue
Jeffrey Williams
Peter Oppenheimer
Steve Jobs
Dan Ernst
Hudson Square Research
Ahrendts
Burberry
Oppenheimer
Cook
GM targets in car 4G profits with OnStar services
General Motors plans to monetize in car 4G LTE by charging sellers a cut on hotel bookings insurance deals and data purchases. GM projects at least 350 million in improved profits from 4G OnStar over three years as digital upgrades expand across 2016 models. AT T partners with other automakers as usage grows and software updates promise savings on repair costs.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
U.S
At&t
BMW
Nissan Motor
Audi
MidWestOne wins merger approval with Central Bancshares
MidWestOne Financial Group and Central Bancshares announce regulatory approval for their merger. A special meeting Thursday will seek shareholder approval, with completion expected in May. The combined holding company would have about $3 billion in assets and 25 Iowa branches along with Central Bank’s 22 branches in Minnesota Wisconsin and Florida.
MENTIONED IN THIS ARTICLE
MidWestOne Financial Group Inc
MidWestOne Bank
Central Bancshares Inc
Central Bank
MidWestOne
Iowa
Minneapolis-St. Paul
Wisconsin
Florida
MidWestOne Financial
Central
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Washington Post
National Opinion Research Center
University of Chicago
America
Rewaterhouse
Cooper