WASHINGTON — The Senate passed a $130 billion bill Wednesday by a vote of 62 to 36 that shortens depreciation rules for remodeling stores and provides more capital to expand businesses through the Small Business Administration.
To help pay for the bill, which also includes unemployment insurance extensions, the measure prevents paper companies from claiming $29 billion in tax credits for burning “black liquor,” a pulp by-product used as an alternative fuel.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)