Favorable US tax ruling gives limited boost to big-box retailers
Complying with a U.S. Supreme Court ruling on Thursday that forces online retailers to collect sales tax just like their brick-and-mortar counterparts will be a heavy burden for smaller e-commerce businesses.
Democratic hopeful Stacey Abrams has effectively conceded the Georgia gubernatorial race to secretary of state Brian Kemp after an election and vote count riddled by claims of voter suppression.
“I acknowledge that former Secretary of State Brian Kemp will be certified as the victor in the 2018 gubernatorial election,” Abrams said at a press conference Friday.
But she didn’t officially concede. “I will not concede because the erosion of our democracy is not right,” Abrams said.
Her opponent had been widely criticized for remaining in the chair as secretary of state–the office in charge of state elections–while also running for governor. Kemp finally resigned as secretary of state on November 8 after declaring victory in the race the day before.
As secretary of state Kemp was responsible for, and widely criticized for, voter purges that removed more than a million people from the rolls between 2012 and 2016. His office has also been criticized and sued for changing voter rules in ways that disproportionately affect minority voters.
Kemp was caught on tape during a ticketed “Georgia Professionals for Kemp” event saying that Abrams’s voter outreach effort “continues to concern us, especially if everybody uses and exercises their right to vote,” according to Rolling Stone.
Even former president Jimmy Carter called for Kemp to resign as secretary of state at the end of October.
Kemp was a big supporter of Donald Trump, while Abrams, a progressive, was trying to become the first black woman to be governor of a U.S. state.
Abrams said she’s establishing a new group called Fair Fight Georgia that will file a lawsuit against the state of Georgia “for the gross mismanagement of this election.”
KUALA LUMPUR: Fund buying of IHH Healthcare, Maybank and Genting Bhd helped the FBM KLCI close higher on Friday, mirroring most key Asian markets, though the third-quarter economy grew at a slower-than-expected pace.