Spotify’s high payroll taxes hurt profit, shares slide

PRICE ALERT: Mode Mobile share price changing May 1st. Final days to invest at $0.26 with 100% bonus [adv]

Ford’s April US sales rise 16%, EV sales plummet
(Reuters) -Ford Motor on Thursday reported a 16% rise in U.S. auto sales for April, aided by strong truck demand and its employee pricing program. Still, its EV sales fell 40%. Demand for vehicles has remained strong, with consumers trying to quickly snap up vehicles before prices potentially surge after U.S. …. Read More >>

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White House dismisses Chamber push for small businesses tariff relief
The U.S. Chamber of Commerce, in a letter to U.S. President Donald Trump’s administration, asked for small companies to be excluded from tariffs if they can show it would harm U.S. workers and for products that cannot be made in the United States or are not readily available.”The relief for small businesses i …. Read More >>

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US to offer incentives to boost air traffic hiring, retention
The Federal Aviation Administration, which said earlier it plans to hire 2,000 air traffic controller trainees this year, said it will offer retirement-eligible controllers who are under the mandatory retirement age of 56 a lump sum payment of 20% of their basic pay for each year they continue to work. A per …. Read More >>

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Spotify’s high payroll taxes hurt profit, shares slide
(Reuters) – Spotify forecast second-quarter profit below market estimates on Tuesday due to employee salary-related taxes, taking the shine off its strong subscriber growth and sending the shares of the Swedish music-streaming firm down 7%.The company’s profitability is closely watched by investors lookin …. Read More >>

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