Tag Archives: internal revenue service

Long-Term Sea Level Rise Could Cost Washington, D.C. Billions

College Park, MD – A University of Maryland study projects that Washington, D.C. city and federal property could suffer billions of dollars in damage if sea level rise from global warming increases over the next century. Potential for significant damage will be even greater in the event of extreme weather like Hurricane Sandy

The study by Civil and Environmental Engineering Professor Bilal Ayyub, Haralamb Braileanu and Naeem Qureshi, of the Clark School of Engineering’s Center for Technology and Systems Management, looks at possible long term effects of projected sea level rise on Washington, D.C. real-estate property and government infrastructure. They conclude that over the next 100 years, continuing sea level rise could cause damages of more than $24.6 billion to Washington’s commercial property, museums, and government agencies. (more…)

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Microsoft Reports Record Third-Quarter Revenue

Strong business demand drives double-digit operating income growth.

REDMOND, Wash. — Apr. 19, 2012 — Microsoft Corp. today announced quarterly revenue of $17.41 billion for the quarter ended Mar. 31, 2012, a 6% increase from the prior year period. Operating income was $6.37 billion, up 12% from the prior year period.

Net income and diluted earnings per share for the quarter were $5.11 billion and $0.60 per share, compared with $5.23 billion and $0.61 per share, respectively, in the prior year period. Prior year net income and diluted earnings per share included a $461 million or $0.05 per share tax benefit primarily related to a tax settlement with the U.S. Internal Revenue Service. (more…)

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Government Sites Reach 40 Percent of Americans but Lag Behind Overall Internet Growth

*Interest in Government Jobs Propels USAJobs.gov Alongside Commercial Career Sites*

RESTON, VA, September 12, 2011 – comScore, Inc., a leader in measuring the digital world, today released an analysis of traffic to federal Government sites, which showed a decline over the past year despite attempts to make the government more digital-friendly. In July 2011, 87.6 million Americans visited a government site, representing 40.7 percent of the total U.S. online population. Although today’s audience represents an 11-percent increase in visitors vs. five years ago, this number is significantly lower than the 24-percent growth in the total U.S. Internet population over the same period of time. (more…)

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