Category: Uncategorized

The IRS is struggling to sort legitimate claims from bogus ones for the pandemic-era employee-retention tax credit, with many claims that arrived last summer considered particularly suspect. https://ift.tt/2npvq8J

Ukraine hit a Russian fuel terminal on the Baltic Sea, one of its longest-range strikes yet in a growing effort to damage Russia’s war economy. https://ift.tt/tNuYhzW

Chinese electric-vehicle maker BYD is moving into the luxury market, having overtaken Tesla in overall EV sales with a range of affordable cars. https://ift.tt/e5dfQBc

Exxon sued two sustainable-investment firms in a bid to block them from putting forward a shareholder proposal that would commit the oil company to further curb its greenhouse-gas emissions and target its customers’ emissions. https://ift.tt/rVNZazF

An investor that lodged a $5.8 billion bid to acquire Macy’s threatened to bring the matter to shareholders as the famed department-store chain said it had rejected the offer. https://ift.tt/mwNugVR

Eurozone Bond Issues See Strong Demand But Caution Is Wise https://ift.tt/ur1gUyN

Sony Group to Ax Merger Between India Unit and Zee Entertainment https://ift.tt/o1wq8tP

A Secretive Chinese Force Is Becoming the U.S. Military’s Biggest Challenge https://ift.tt/ilwFfvQ

After a door-plug blowout on an Alaska Airlines flight, Boeing faces new concerns that added inspections and regulatory scrutiny will sap its output this year. https://ift.tt/Nc3xjkn

Target, Nike, and REI all complained to city officials about crime in Portland, Ore., and sought help before announcing plans to close stores in the city in 2023, email correspondence viewed by The Wall Street Journal shows. https://ift.tt/FuaJpCR