Seeking Alpha Author Hector Andres Pacheco joins Cheddar to discuss how the new tax bill will impact special dividends given out by giant companies. In particular, he's looking at Apple and Microsoft to bring back billions of dollars from overseas.
The new tax bill will allow American companies to bring back money from overseas at a reduced tax price. Pacheco explains why Apple is a prime contender for a special dividend. It's on track to spend $300 billion returning capital to shareholders by 2019. If Apple repatriates all of its overseas cash its tax bill will only be $39 billion...only!
Plus, Microsoft is no stranger to shareholder-friendly action. In 2004 the company brought back about $30 billion in cash from abroad and issued a $3-a-share special dividend. Pacheco believes it plans to do the same thing in 2018.
Pacheco also talks about how a higher minimum wage for lower-income Americans plays a more stimulative role for the economy than giving higher wages to those with a large net worth.
Digital assets are the gifts that keep on giving, as they have the potential to make people serious cash if it's value increases over time. These gifts are ultimately just investments, in the form of art. Sunil Singhvi, chief business development officer at Rarible, joins Cheddar News to discuss.
Carlo and Baker preview President Biden's address to the nation as Omicron becomes the new dominant Covid strain. Plus, Trump gets booed for getting his booster and the White House gets a new puppy.
Alinda Mashiku, Conjunction Analysis and Risk Assessment Deputy Manager at the NASA Goddard Space Flight Center, joins Future of Space: Humankind's Leap Forward to explain how space debris is threatening operations in space at a time when more satellites are being deployed.
Marshall Smith, Senior Vice President of Space Systems at Nanoracks and Kirk Shireman, Vice President of the Lunar Exploration Campaign at Lockheed Martin join Future of Space: Humankind's Leap Forward to discuss upcoming plans for developing their Starlab commercial space station after being awarded a $160 million contract by NASA.
The billionaire space race took off in 2021, making major strides in space tourism. That growth is only expected to skyrocket in the next year, as the government and private institutions and companies look to shape the final frontier's exploration. Cheddar News dives into the biggest moments of the year in space, and what comes next for space travel and tourism.
