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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Taxpayer Advocate Service Feed

Kia recalls 229,000 SUVs, vans over fire risk from electrical short

Thu, Feb 20, 2020

Kia is recalling thousands of vehicles in the U.S. of a risk of an electrical short and possibly a fire....

The Dow's biggest single-day gains and losses in history

Thu, Feb 20, 2020

A historical look at the Dow's biggest point gains and losses....

Domino's Pizza delivers 16% growth while fending off app-based rivals

Thu, Feb 20, 2020

Domino's is rapidly building new stores to crowd out competitors like Papa John's and ensure quick delivery times....

P&G warns coronavirus is disrupting China business

Thu, Feb 20, 2020

Some in-store demand has shifted to the Internet, but delivery capability is limited, P&G says....

Small business website creator Wix.com sees 2020 revenue reaching almost $1B

Thu, Feb 20, 2020

Wix.com, which helps small businesses build and operate websites, reported a smaller-than-expected decline in fourth-quarter net profit and forecast a revenue rise of about 25 percent this year to nearly $1 billion....

Leon Cooperman says 'communist' Bernie Sanders is a bigger economic threat than coronavirus

Thu, Feb 20, 2020

It’s not the first time that Cooperman has interjected in the election to warn about the possible presidency of a progressive 2020 hopeful. ...

Victoria’s Secret takes lingerie business private at $1.1B price tag

Thu, Feb 20, 2020

The separation "provides the best path" to restoring profitability at Victoria's Secret, CEO Leslie Wexner said....

Amazon announces new Virginia warehouse

Thu, Feb 20, 2020

Retail giant Amazon is planning to open a new warehouse and delivery center in Virginia....

ViacomCBS revenue falls 3% in first quarterly report since merger

Thu, Feb 20, 2020

ViacomCBS Inc posted a 3 percent drop in revenue on Thursday as the company reported its first quarterly results since the merger of the two media firms late last year....

Norwegian Cruise Line warns coronavirus having 'adverse impact'

Thu, Feb 20, 2020

Norwegian Cruise Line Holdings reported better-than-expected fourth-quarter results and warned the coronavirus outbreak will dent its bottom line....