Among the increases on the table, The New York Times and other media outlets reported, is an increase in taxes on capital gains for people earning more than $1 million, effectively raising the rate they pay on that income to 39.6 percent from 20 percent.
President Biden is set to outline the increase, along with other changes, as he unveils his so-called American Family Plan next week.
“Some traders are looking for an excuse to lock-in profits and they might choose to use this tax story as their catalyst,” Edward Moya, senior market analyst for the Americas at brokerage firm Oanda, wrote in a note to clients.
On Wednesday, the European Union agreed to a new target to reduce net emissions at least 55 percent by the end of the decade.
In the United States, shares of First Solar rose 4.2 percent, and SunPower rose 1 percent, extending gains from Wednesday.
Last year, the Oscars pulled in about $129 million across 56 ads, according to Kantar Media, a research firm.
The upshot: ABC’s revenue for the telecast is estimated to have declined only 3 to 5 percent from last year — a tiny drop compared with the expected 50 to 60 percent decline in viewing.
Last year, about 23.6 million people watched “Parasite” win the Academy Award for best picture, according to Nielsen data.
Audiences have been turning away from awards telecasts for years, but ratings have nose-dived during the pandemic.
Oscars night is a shadow of its former self — it attracted 57 million viewers in 1998 — but still pulls in one of the largest audiences on broadcast television, certainly for a nonsports telecast.
Federal prosecutors in San Francisco announced an indictment against the lawyer, Carlos Kepke, 81, last week on charges of conspiracy to defraud the I.R.S.
Mr. Kepke was charged nearly six months after federal prosecutors agreed not to prosecute Mr. Smith, the founder of Vista Equity Partners, in return for his cooperation and $139 million in fines and penalties.
Prosecutors say Mr. Brockman, 79, sought to conceal $2 billion in income from the I.R.S., including money he made from sinking $1 billion into Vista’s first private equity fund.
Mr. Smith, who is a generous benefactor to historically Black colleges and universities and is the chairman of Carnegie Hall, has sought to put the tax scandal behind him.
Snap said on Thursday that revenue in the first three months of the year was $770 million, a 66 percent increase from the same period last year.
Ms. Oh is a partner in the Washington office of Paul, Weiss, a big law firm based in New York, and serves as co-chair of its anti-corruption and Foreign Corrupt Practices Act group.
is often seen as the most important job behind the chairman, overseeing the day-to-day operations of investigations and the roughly 1,000 lawyers in the commission’s enforcement arm.
Ms. Oh’s biography page on the Paul, Weiss website said she had done work in the past for Bank of America, Fannie Mae, Exxon Mobil, UBS and Pfizer.
The loss of 252 million Swiss francs, about $275 million, from January through March came after a loss of 4.4 billion francs from Archegos that wiped out a big increase in revenue.
The funds were based on financing provided to companies, many of which had low credit ratings or were not rated at all.
Mr. Gottstein promised Thursday that Credit Suisse would overhaul its systems for tracking risk to avoid future disasters.
Credit Suisse also plans to pare back the size of a unit that serves hedge fund clients and was involved in the Archegos losses.
If not for the Archegos loss, Credit Suisse would have made a pretax profit of 3.6 billion francs, the bank said.
The Swiss regulator, known as Finma, said it would “investigate in particular possible shortcomings in risk management” at Credit Suisse.
Around 100 special purpose acquisition companies, or SPACs, went public each month in the first quarter of the year.
The regulator issued a statement at the end of last month highlighting “the key considerations related to the unique risks and challenges of a private company entering the public markets through a merger with a SPAC.” Not long after, another note offered “guidance” on some of the trickier accounting issues related to blank-check funds.
Analysts at Goldman Sachs note that a stock price index of 200 SPACs has badly underperformed the market this year, down 17 percent versus a 10 percent gain in the S&P 500.
registration documents this month, per SPAC Research, adding to a pipeline of more than 200 others that have disclosed plans to go public but haven’t yet sealed the deal, for whatever reason.
Christine Lagarde, the president of the European Central Bank, said that there were signs that the eurozone economy had hit bottom.
At its last meeting, in March, the central bank stepped up the pace of the bond purchases, a form of printing money that helps keep market interest rates low.
A total of 566,000 workers filed first-time claims for state benefits during the week that ended April 17, the Labor Department said, a decrease of 57,000 from the previous week’s revised figure.
The company’s WarnerMedia division, which includes HBO, recorded $8.5 billion in revenue for the first three months of the year, a 9.8 percent jump over a year earlier, when theater sales and advertising revenue plummeted during the pandemic.