Most of us spend our lives dreaming that one day, out of the sky — clear blue or not — we’ll come into a sudden fortune. Maybe we’ll win the lottery or we’ll receive a handsome inheritance from a ...

The European Commission wants to raise €140 billion ($139.7 billion) in windfall taxes from energy companies. The European Union's executive arm wants to impose such a levy on low-cost electricity ...

Chevron's (NYSE:CVX) Q4 earnings report revealed the company made $0.85/gal profit in California in 2022, more than doubling last year's profit and nearly doubling its historical average of $0.46/gal ...

The Empire State is about to strike back against businesses some say are making too much in profits each year. The “Empire State Windfall Profits Tax Act of 2023” has been introduced by state Sen.

Ex-Treasury Secretary Larry Summers said a windfall tax on oil majors would backfire, lifting prices. President Joe Biden has called on energy companies to boost production or pay a windfall tax.

BUDAPEST, Dec 27 (Reuters) - Hungarian drugmaker Richter expects (GDRB.BU), opens new tab to pay about 28 billion forints ($74.44 million) worth of extra taxes this year, it said on Tuesday, hit by ...

The empty parking lot of the J.M. Stuart Station power station is pictured in Manchester, Ohio. The power plant closed in 2018 and had been in operation for 48 years. The community of Manchester has ...

EU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some electricity generators as the cost of Europe’s energy crisis spirals higher. But ...

California K-12 schools will get a windfall of nearly $1 billion annually for drama, music and other arts programs, thanks to the likely passage of Proposition 28 on Tuesday. At 2:30 p.m. Wednesday, ...