United plans hub focus to lift turnaround and small markets
United Airlines executives outlined a plan to strengthen hubs and connect smaller markets by revising passenger projections, clustering flights, and expanding options such as United Premium Plus. They aim to boost connectivity at Houston Chicago and Denver and accelerate growth through 2019 and 2020.
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Tax implications of stock sales and retirement accounts
Tax implications vary by retirement versus taxable accounts and by gains or losses. In a retirement account like an IRA, capital gains taxes do not apply, and qualified withdrawals may avoid penalties. In taxable accounts, short term gains are taxed as ordinary income, long term gains at reduced rates, and losses can offset gains or up to 3000 other income. A Form 1099-B or consolidated 1099 will report your sales.
Starbucks raises pay and grants after tax cut boost
Starbucks will spend over 250 million on higher wages and stock grants for every employee as of Jan 1, with hourly workers receiving at least 500 in stock and store managers 2000. The plan includes six weeks of paid parental leave, 8,000 new retail jobs, and cites changes in U.S. tax law. Other firms also upping pay amid 4.1% unemployment.
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