May 13, 2024 Last Updated 08:23 AM EDT
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Nevada Waves $9.2 Million Sales Tax To Allure Hyperloop’s $121 Million Project

Hyperloop Technologies Inc. has been implementing an innovative idea of Tesla CEO Elon Musk through developing a new concept of transportation platform. The Los Angeles tech giant considers for spending $121 million to develop the full track at Apex Industrial Park. To allure the investment, Nevada state officials have waved $9.2 million sales tax applicable on the capital expenditure.

Korean Venture Capital Firms Gaze at Overseas Biotech Companies

South Korean venture capital firms are eyeing overseas biotech industry to accelerate investment goals. At the sametime, tech startups in Korea also began to flourish.

Mobile phone firm Telstra supports external funds to invest in Asia

Telstra is backing up external venture capital funds to seek investments in Asia. The company is focusing more on technology investment in Asia as it experiences a drop in the viability of internet services and phone calls.

General Electric Mocked Startups, Proclaimed Itself as Tech Company

GE have been trying attract tech workers since last year. In its new Oscars ad, GE mock the startups and proclaim itself as a tech company and an industrial company.

New Jersey Biotech Startup Visikol Received $500,000 Investment from Foundation Venture Group

Visikol Inc is a biotech company with focused on tissue visualization. On Tuesday, the company has secured a commitment from Foundation Venture Capital Group

Venture Capital Investment in Space Startups Surged in 2015

Based on a report from defense and aerospace consulting firm there was a huge increase for investment in space travel during 2015. Space startup investment in last year were accounted two-third of the 15 years in total.

Latest Stories

5-Year Payoff: New Study Examines College Return on Investment

Whether a college degree is worth the cost is one of the main concerns that families have these days, especially in light of escalating tuition and fees that may leave graduates with debts totaling tens of thousands of dollars from student loans.

US Urban Centers Are Seeing the Worst Rent Spikes at 30%

Since the pandemic started, average American wages have increased, but for many, these gains are being eaten up by growing rent.

'The Fall Guy' Bombs Despite Star Power and $2.4 Billion Frenzy

Despite a strong start, "The Fall Guy's" box office issues reveal a grim reality after a $2.4 billion sensation. Although the action comedy received positive reviews, the film has had trouble making money.

Cost of Raising a Child Up to 18 Years Old May Reach $331,933

While many fundamental expenses, like food and clothing, are generally something you can plan for and manage as a parent, some things might be far more costly and unexpected.

Social Security, Medicare Get Reprieve: Benefits Secured for Another Decade

According to the annual Social Security and Medicare trustees report released on Monday, the go-broke dates for Social Security and Medicare have been pushed back due to altered expected depletion dates brought about by a stronger economy.

Must Read

Trump’s 2017 Tax Package Will Expire Soon Resulting to Increase of Future IRS Payments

The almost $4 trillion in tax cuts that are about to expire provide an enormous problem for the victor of November's presidential election; the Biden White House is bringing this topic up in the lead-up to November.

Practical Money-Saving Strategies for Moms

Maintaining a balanced home budget can be challenging while ensuring everyone has access to the necessities for a happy, healthy life.

Over 25% of US Consumers Earning Below $50,000 Avoid Fast Food Due to High Cost

According to a January survey conducted by consulting company Revenue Management Solutions, over 25% of those with incomes under $50,000 were reducing their use of fast food, citing expense as a reason.

Strong US Economy Masks Struggles of Low-Income Consumers

One of the primary foundations preventing the U.S. economy from entering a recession-resilient family spending-is beginning to show signs of weakness.

Trump's Second Presidency Could Spell Gains for Crypto, NFTs

Geoff Kendrick, the head of FX Research and Digital Assets Research at Standard Chartered Bank, suggests that a win by former U.S. President Donald Trump in the upcoming November U.S. presidential election could have a positive impact on Bitcoin.

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