Latest News of UBSI
With ACA subsidies set to expire in 2025, millions of Americans stand to lose health insurance
Millions of Americans could lose enhanced health insurance subsidies under the ACA if Republicans gain control of Congress. This could lead to increased premiums and a drop in enrollment, affecting mi...
Apple establishes first R&D subsidiary in India
Apple has launched its first wholly owned subsidiary in India, Apple Operations India, to enhance its research and development capabilities in the region. The subsidiary will focus on engineering equi...
St. Paul voters reject child care subsidies, move elections to even years
St. Paul voters rejected a ballot measure to raise property taxes for child care support. Mayor Carter opposed it, citing concerns over effectiveness and lack of infrastructure. Additionally, they vot...
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St. Paul measure to support child care subsidies has been rejected
By CBS News | 1 week agoSt. Paul's measure to fund child care subsidies for low-income families through property tax increase was rejected. Mayor Carter vetoed the resolution, expressing doubt about its effectiveness despite...
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Billions wiped off wind farm developers over fears Trump will scrap subsidies
By Yahoo! Finance | 1 week agoFollowing Donald Trump's US election win, wind farm developers witnessed a significant drop in stock market values. Trump's criticism of wind power has raised concerns in the industry, impacting compa...
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Challenge Existing Housing Subsidy System With Cash Benefits
By Forbes | 1 week agoShifting from building subsidized housing to direct cash subsidies for households could reduce overall federal spending on housing subsidies. Implementing cash benefits may face challenges like inflat...
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'Welfare for the rich': how farm subsidies wrecked Europe's landscapes
By The Guardian | 1 week agoThe decline in European nature is stark, despite efforts to protect it under the common agricultural policy (CAP). Organic farming methods, like those used by Thomas Bollig, offer a solution by foster...
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Gazprom subsidiary files $880 million claim against Linde
By Reuters | 2 weeks ago(Reuters) - A subsidiary of Russia's gas major Gazprom has filed a claim for 85.7 billion roubles ($879 million) against global industrial gases and engineering company Linde and its subsidiaries,...
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Air taxi firm Lilium plunges 45% after saying main subsidiaries will file for insolvency
By CNBC | 3 weeks agoGerman aerospace startup Lilium's shares plummeted 45% as it failed to secure additional funds to sustain operations, leading to subsidiaries filing for insolvency in Germany, possibly leading to deli...
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Study reveals top EU countries subsidise fossil-fuel cars with $45.6bn
By Yahoo! Finance | 3 weeks agoA study by Transport & Environment reveals that the EU's top five economies spend €42bn annually on fossil-fuel company car subsidies. The report advocates for shifting subsidies towards electric ve...
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Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says
By Yahoo! Finance | 3 weeks agoA study by Transport & Environment reveals EU's top 5 nations spend 42 billion euros annually subsidizing fossil-fuel company cars, calling for more EV subsidies. This contradicts the green transition...
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Investors in United Bankshares (NASDAQ:UBSI) have seen notable returns of 50% over the past year
By Yahoo! Finance | 3 weeks agoDiversifying your portfolio can help manage stock volatility. Consider United Bankshares, Inc. (NASDAQ:UBSI) with a 44% share price increase in the last year. Despite recent EPS decrease, the company'...
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RTX subsidiary Raytheon to pay more than $950 million to settle foreign bribery, export control fraud probes
By CNBC | 4 weeks agoRTX Corporation (formerly Raytheon Technologies) to pay over $950 million to settle DOJ investigations for contract fraud and bribery. Company to enter deferred prosecution agreements and enhance comp...
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Malaysia eyes more subsidy cuts, new taxes in 2025 budget to boost finances
By Reuters | 1 month agoBy Danial AzharKUALA LUMPUR - Malaysia will likely introduce further subsidy cuts and new taxes as part of its budget for next year, analysts and economists said, as it looks to strengthen its fis...
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City of St. Paul cannot implement child care subsidy program if voters approve it, mayor says
By CBS News | 1 month agoSt. Paul Mayor Carter opposes a child care subsidy program funded by a property tax levy, citing concerns over feasibility and effectiveness. The proposal aims to address child care challenges for you...