Seattle-based Avalara is getting a big cash injection as its business continues to benefit from the e-commerce boom and increasing regulatory obligations. Avalara said last week that it added $ 959.9 million to its cash balance after issuing short-term debt in the form of convertible senior notes. The money will be used to support the … Read more
The Washington State Capitol building in Olympia. (Flickr photo via Tom Sparks) Technicians, business owners, public order attorneys and individuals have weighed in favor of and against a proposed capital gains tax in Washington state this week. A remote hearing by the House Finance Committee was attended by 3,900 people, 2,380 of whom supported SB … Read more
COVID-19 cases in the US have decreased from a peak a few weeks ago. 83,321 new cases were reported on Saturday – the first time since November 2 that the country reported fewer than one new case every second. And on Sunday, data from Johns Hopkins University show, the pace slowed even further to 64,938 … Read more