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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 18, 2015

Page

17

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.

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.

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.

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.

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.

MidWestOne Financial Group Inc MidWestOne Bank Central Bancshares Inc Central Bank MidWestOne Iowa Minneapolis-St. Paul Wisconsin Florida MidWestOne Financial Central

Also Mentioned on This Page

Washington Post National Opinion Research Center University of Chicago America Rewaterhouse Cooper
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