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CINCINNATI — It has been nearly two weeks since media reports first raised then swatted down the prospect of a Target Corp. merger with the Kroger Co.And what have we learned? The deal might make sense from a territorial point of view but not so much in financial terms.The idea captured Wall Street’s attention for just a few hours. Fast Company magazine, citing several anonymous sources, said Kroger and Target were discussing a merger.CNBC, citing one anonymous source, said they were not.Both companies declined to comment on the speculation. Barclay’s analyst Karen Short published a note arguing the idea made some sense. Oppenheimer’s Rupesh Parikh said the most likely outcome is a partnership between the companies involving Shipt, a home-delivery service Target acquired in December.Each company saw a brief spike in their share price Friday, but both surrendered most of those gains before the week’s closing bell. Since then, however, each company saw some resurgence in their share price, as if investors were asking, “What would a combined Target and Kroger look like?”This is the answer to that question: 1133
COLUSA COUNTY, Calif. (KGTV) -- California Highway Patrol is investigating after someone reportedly shot at a Pacific Gas and Electric worker Wednesday. According to CHP, the worker was traveling in a parked PG&E pick-up truck on I-5 south of Lenahan Road in Colusa County when the passenger side window shattered. At the time, the driver was unsure why the window shattered, but an investigation by CHP determined that a bullet hit the truck. CHP says another vehicle was traveling near the PG&E truck at the time of the incident, but details on the vehicle or driver are unclear at this time. The PG&E worker was uninjured. 646

Companies can stop collecting employees’ payroll taxes starting Tuesday, September 1, after an executive order in early August gave workers a tax holiday.The deferral of payroll taxes applies to employees making less than 4,000 a year. Employees are taxed 6.2 percent that goes toward the Social Security Trust Fund and another 1.45 percent for Medicare.It’s a deferral because the payroll taxes are still due to the IRS by April 30, 2021, which they made clear in new guidance released last week with the US Treasury Department.What this means to employees: It depends on your employer. Starting September 1, employers can stop withholding taxes, but many business leaders have said they will not since the taxes will eventually be due. The decision is up to each company and is not required.If a company stops withholding payroll taxes, employees will have more money in their paychecks through the end of the year. Then on January 1, companies will need to withhold more from paychecks to collect all that is owed in April 2021.For employees making ,000 a year, the elimination of Social Security taxes would result in an extra per paycheck every two weeks. Assuming the employee has eight paychecks left in 2020, that would result in 2 in taxes deferred in 2020, which would be repaid in 2021. For employees making ,000 per year, those figures would be doubled.If an employee leaves their job before all of the appropriate taxes are collected, the guidance only states that companies can "make arrangements to otherwise collect the total applicable taxes from the employee."President Trump has stated he would “terminate” the tax if he was elected in November. However, the president does not have the ability to do that on his own. Abolishing payroll taxes requires an act of Congress. 1814
Congratulations to @JoeBiden @KamalaHarris! #Ukraine is optimistic about the future of the strategic partnership with the #UnitedStates. ???? and ???? have always collaborated on security, trade, investment, democracy, fight against corruption. Our friendship becomes only stronger!— Володимир Зеленський (@ZelenskyyUa) November 7, 2020 344
Congratulations to @JoeBiden @KamalaHarris! #Ukraine is optimistic about the future of the strategic partnership with the #UnitedStates. ???? and ???? have always collaborated on security, trade, investment, democracy, fight against corruption. Our friendship becomes only stronger!— Володимир Зеленський (@ZelenskyyUa) November 7, 2020 344
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