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Treasury Secretary Janet Yellen attends a business briefing with President Joe Biden in the Roosevelt Room of the White House in Washington on March 5, 2021.
Tom Brenner | Reuters
Finance minister Janet Yellen on monday morning will be calling for one Minimum tax on companies around the world Anxious to discourage companies from moving to find lower rates. “We are working with the G20 countries to agree on a global minimum tax rate for companies that can stop the race to the bottom,” Yellen will report at a conference of the Chicago Council on Global Affairs, according to a CNBC-approved report from Axios. The remarks come as President Joe Biden tried to raise the US corporate tax rate to pay a Infrastructure improvement by $ 2 trillion to plan.
Senator Roy Blunt (R-MO) asks questions during a joint Senate hearing on homeland security and government affairs, and Senate rules and administration, related to the January 6 attack on the U.S. Capitol on March 3, 2021 in Washington, DC, to discuss.
Greg Nash | Getty Images
Republican Senator Roy Blunt from Missouri on Sunday pushed The president is expected to cut his infrastructure plan to around $ 615 billion and focus on rebuilding physical infrastructure such as roads and bridges. The fourth-placed GOP Senator argued on Fox News Sunday that only 30% of Biden’s proposal focused on traditional infrastructure. Blunt said a price cut would allow the White House to run the bill through both houses of Congress. Leader of the Senate Minority Mitch McConnell, R-Ky., Said last week that the $ 2 trillion package would not get Republican support.
A man is on the phone in front of GameStop on 6th Avenue in New York on February 25, 2021.
John Smith | Corbis News | Getty Images
GameStop fell 13% on the Monday before the market Announce plans sell up to 3.5 million shares as the video game retailer plans to capitalize on its share surge after a trading frenzy sparked by Reddit earlier this year. GameStop said it would use the proceeds to accelerate the transition of its business model to e-commerce. GameStop closed at $ 191 per share on Thursday. It traded up to $ 483 in late January. Before Reddit trading hit, the stock started the year under $ 20.
A Tesla logo on a Model S is photographed at a Tesla dealer in New York.
Lucas Jackson | Reuters
Tesla Shares rose more than 7% in the pre-market after the electric car maker announced it on Friday delivered almost 185,000 vehicles in the first quarter. This is a record for the Elon Musk-run company and above estimates for 168,000 deliveries. All vehicles produced in the quarter were Model 3 sedans and Model Y crossover SUVs. Tesla did not produce any of its more expensive Model S sedans and Model X SUVs. However, 2,020 Model S and X vehicles were delivered from inventory.
The exterior view of the Emergent BioSolutions facility on April 1, 2021 in Baltimore, Maryland. In this Baltimore lab, 15 million doses of Johnson & Johnson vaccine were ruined, which will delay the delivery of the vaccine in the United States.
Tasos Katopodis | Getty Images
The US set Johnson & Johnson responsible for the Emergent BioSolutions Plant that ruined 15 million doses of the drugmaker’s one-time Covid vaccine, A senior health official said Saturday. The government also banned AstraZeneca on the use of the facility. According to the New York Times, Emergent BioSolutions employees at the facility in question mixed mixed ingredients for the J&J and AstraZeneca vaccines. AstraZeneca, whose vaccine has not been approved in the US, said it will work with the Biden administration to find an alternative manufacturing location.
– Associated Press and Reuters contributed to this report. Get the latest information on the pandemic with you CNBC’s coronavirus blog.