News

Millennium Tower Stopped Sinking, but Apartment Values Did Not
Resale prices at the infamous San Francisco condo building have yet to recover, even after owners spent more than $100 million to resolve its structural issues.
AI holds strong potential to transform carrier costs
AI could reduce wireless carriers' costs, as T-Mobile parent Deutsche Telekom reports a 20–30% productivity boost in customer ...
Peloton Hires New Marketing Head Who Worked on Services at Apple
Peloton Interactive Inc., in its latest executive changes under new Chief Executive Officer Peter Stern, hired a new ...
Adobe Posts Strong Outlook, Touting Traction for AI Tools
Adobe Inc. gave a strong sales outlook for the current quarter, quieting investor anxieties that the leader in creative ...
Adobe Gives Sales Outlook That Fails to Convince AI Skeptics
Adobe Inc. gave a sales outlook for the current quarter that topped analysts’ estimates, but investors remain skeptical that ...
Case: IRS Secured Timely Supervisory Approval of Penalties (T.C. Memo) (IRC §6751)
The IRS complied with the requirements for supervisory approval of penalties under I.R.C. §6751(b), the U.S. Tax Court held, granting partial summary judgment to the IRS. Petitioner, a limited ...
IRS PLR: Asset Transfer Election Extension Granted (IRC §336)
The IRS has published a letter ruling on Section 336 and Treasury Regulations 301.9100 and 1.336 granting parties to a transaction an extension of time of 75 days to enter ...