Author: Sarah Collins

EconomyPolicy

Italy Proposes 50% Increase to Flat Tax for Wealthy Foreign Residents

Italy’s government is reportedly planning a significant increase to its flat tax scheme for wealthy foreign residents. The proposed 50% hike would raise the annual payment to €300,000 for those declaring foreign income while residing in Italy.

Italy’s Proposed Tax Increase for Wealthy Foreign Residents

The Italian government under Prime Minister Giorgia Meloni is reportedly planning to increase the flat tax on foreign income for wealthy individuals relocating to Italy by 50%, according to recent reports. Sources indicate the proposed change would raise the annual payment from €200,000 to €300,000 for those opting into the special tax regime.

by Sarah Collins
BusinessHealthcare

CVS Health’s New CEO Faces Monumental Vaccination Challenge Amid Healthcare Transformation

CVS Health CEO Karen Lynch brings personal healthcare navigation experience to her role leading one of America’s largest vaccination campaigns. The Fortune 500 company aims to administer millions of COVID-19 vaccines while continuing its transformation from retailer to healthcare provider.

From Personal Tragedy to Corporate Leadership

Karen Lynch’s journey to becoming CEO of CVS Health began with personal healthcare struggles that shaped her professional path. According to reports, Lynch’s experience caring for her Aunt Millie through terminal cancer in the early 1990s exposed her to the complexities of the healthcare system that would define her career. “I was lost in the system,” Lynch recalls in the Fortune profile. “I didn’t want other people to not know how to navigate it.”

by Sarah Collins
SustainabilityTechnology

Fairphone 4 Set to Skip Android 14, Jump Directly to Android 15 in November Rollout

Fairphone 4 owners are reportedly getting an unexpected software surprise. Instead of receiving Android 14 as anticipated, sources indicate the device will leapfrog directly to Android 15, with rollout scheduled for early November.

Unexpected Software Leap for Older Device

Owners of the Fairphone 4 are reportedly receiving more than they anticipated for their update patience. According to reports from the company’s community forum, the 2021 smartphone will completely skip Android 14 and jump directly to Android 15, with the rollout planned for early November. This development represents a significant turnaround from previous update timelines that had pushed major software enhancements into 2025.

by Sarah Collins