This article was sourced from Business Insider. Article by Ben Moshinsky. LONDON — Department store John Lewis will cut almost 400 jobs across its cafes and home fittings departments, as customers shift their spending from physical stores to online shopping. The company said that 387 jobs would go as a result of the restructuring. Around 773 staff had entered […]
This article was sourced from Market Watch. Article by Wallace Witkowski. If there’s one thing stock-market investors care about most under President Donald Trump’s administration, it’s taxes—and how soon they’re going to get cut. In a survey of more than 350 clients and prospective clients conducted in late February, Nicholas Colas, chief market strategist at brokerage Convergex, […]
This article was sourced from Market Watch. Article by Tony Garcia. Dick’s Sporting Goods conducted a business review in light of big 2016 changes, including The Sports Authority liquidation Getty Images Dick’s divided vendors into segments and will eliminate“Segment C” vendors Dick’s Sporting Goods Inc. said Tuesday that after conducting a review of its business, it […]
This article was sourced from Market Watch. Article by Thomas H Kee Jr. Equity investors will receive information in three important areas over the next week, and two have been the driving force behind the stock market’s recent euphoria. First, China will release its export data on Wednesday. Given the growth warnings officials communicated over the […]
But Hong Kong might not be on their wish list. This article was sourced from Bloomberg. Article by Narae Kim. Chinese real-estate investors are losing interest in the U.S. as their concern over yuan depreciation eases and questions swirl around President Donald Trump’s stance on protectionism. That’s the view of Andrew Haskins, executive director of Asia research […]
This article was sourced from Bloomberg. Article by Adam Haigh. Asian stocks were poised for a mixed start as the yen remained stronger and Australian bonds retreated with investors taking their first chance to react to China’s National People’s Congress and Federal Reserve Chair Janet Yellen’s speech. The yen strengthened from its level prior to Yellen’s remarks […]
This article was sourced from Business Insider. Article by Frank Chapparo. David Hysong’s life is like something out of a James Bond film. The 29-year-old recent inductee to the Forbes 30 under 30 list for science has travelled the back roads of four different continents on his motorcycle. He’s been hit by a bus going 60mph, […]
This article was sourced from Market Watch. Article by Catey Hill. In some places around the world, even rich residents don’t pay income taxes. An analysis of personal top income tax rates released Thursday by Howmuch.net revealed that residents of some countries — many of which are in the Middle East — don’t pay any income […]
This article was sourced from Market Watch. Article by Greg Robb. The Federal Reserve on Monday fleshed out how its new fan charts might look when the central bank adds them to their economic projections starting next month. Analysts said the descriptive charts will be used to stress the uncertainty of its quarterly economic forecasts. A […]
This article was sourced from The Wall Street Journal. Article by Liz Hoffman. Morgan Stanley said it had given a “significant number” of wealth-management clients incorrect information that caused them to underpay their taxes. In its annual regulatory filing Monday, Morgan Stanley MS, +0.68% said it is in “advanced discussions” with the Internal Revenue Service to […]
This article was sourced from Tech Crunch. Article by Christoffer O. Hernæs. The idea of a cashless society is one of the topics that stirs up a heated debate when it comes to the digitalization of banking and society. On one hand, physical cash is the common denominator for corruption, tax evasion, money laundering and other various illegal […]
This article was sourced from Business Insider. Article by Will Martin. The European Union is sounding the alarm on Italy’s massive debt pile and warning that the country must take action soon or risk being declared in breach of EU rules. The European Commission released its annual economic and social analysis of EU Member States on […]
This article was sourced from JD Supra Business Advisor. Article by Kevin Brodehl. Defaulting on a loan typically triggers a higher interest rate — “default interest” — as one of many consequences for the borrower. (Other consequences include acceleration of the maturity, late fees and penalties, and foreclosure.) Can a defaulted borrower avoid paying default interest […]
This article was sourced from JD Supra Business Advisor. Article by John Melissinos. We asked some of our financial advisor colleagues to give us brief read outs on what they felt 2017 has in store for us now that we have gotten beyond the inauguration and into the first weeks of the Trump administration. Their thoughts […]
This article was sourced from Market Watch. Article by Mark DeCambre. Much has been made of the stock market’s record-setting performance since President Donald Trump won the race for the White House back in November. But Dow Jones’s data team offers more insight into how Trump stacks up compared with other presidents in their first 30 […]