Where the Super Rich Go to Avoid Estate Taxes Bloomberg Dec. 27 (Bloomberg) –- Bloomberg's Zach Mider reports on the tax shelter in South Dakota that will shield the super rich from estate taxes. He speaks to Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg). Please enable JavaScript to ... | |
Obama Reversal on Health Plan Gets Mixed Reviews ABC News President Barack Obama's decision a month ago that allowed people to keep insurance policies once slated for cancellation under the federal health overhaul has received a mixed response from insurers, state regulators and consumers. In pitching the ... | |
UPDATE 2-Japan halfway to inflation target but wages remain key Reuters ... Print. * Nov core CPI up 1.2 pct yr/yr vs forecast 1.1 pct rise. * Analysts sceptical if inflation to accelerate; wages key. * Factory output up 0.1 pct in Nov vs forecast 0.4 pct rise. * Job availability hits 6-year high, retail sales jump. * Overall cash earnings up for ... | |
Lack of customers dooms many Cuban businesses Washington Post HAVANA — The dented metal pizza trays are packed away, so too the old blender that never worked when it was needed. Gone is the sweet smell of rising dough that infused Julio Cesar Hidalgo's Havana apartment when he and his girlfriend were in ... | |
Krafcik Abruptly Exits Hyundai; Sales Chief Zuchowski Succeeds Forbes Hyundai jarred the automotive world today with the announcement that Hyundai Motor Hyundai Motor America CEO John Krafcik is stepping down next week, to be replaced by David Zuchowski, the chief sales executive of the U.S. arm of the Korean ... | |
Global shares extend rally as yen sinks Reuters LONDON (Reuters) - European stocks rose early on Friday as renewed appetite for risk fuelled a year-end equity rally and weighed on Japan's low-yielding yen, which hit 105 to the dollar for the first time in five years. U.S. benchmark Treasuries yields edged ... | |
December is hot, hot, hot for auto sales as dealers sweeten their deals Detroit Free Press For both auto dealerships and car shoppers, December can be one of the best times of the year to get a good deal. Just about every automaker has a special year-end sales event, and most will use it as they try to boost December's sales tally. Chrysler is ... | |
New York Soon to Trail Florida in Population New York Times ALBANY — New York, whose status as the most populous state has long been ceded, will soon fall behind Florida into fourth place, a long-anticipated drop that is rife with symbolism and that could carry potentially serious economic consequences in coming ... | |
Blame to Go Around for Late Christmas Gifts Wall Street Journal Some last minute shoppers celebrated a giftless Christmas this year, after retailers made shipping promises they were unable to deliver. Customers have toyed with using e-commerce to make holiday purchases for a decade. And in recent years, many have ... | |
Turkish PM struggles to contain corruption probe NTV Forced to fire three of his ministers - one of whom immediately implicated the prime minister in the scandal - and struggling to contain the scope of the investigation, Erdogan seems unlikely to come out of the crisis unscathed. But many observers say it's too ... | |
Volcker Rule Ripple Effect Could Be Bigger Than You Think ValueWalk Stephen Hoopes of IBISWorld points out that in addition to eliminating bank prop trading, the Volcker Rule prevents banks from maintaining or taking ownership stakes in private equity and hedge funds. | |
India's gold tax hits bridal budgets Houston Chronicle MUMBAI, India (AP) — With India's wedding season in full swing, the glass sales counters in Mumbai's famed Zhaveri gold bazaars are crowded with customers eyeing elaborate headpieces, nose rings and necklaces. No one does jewelry quite like an Indian ... | |
Fastest Japan Inflation Since '08 Stokes Wage Pressure: Economy Businessweek Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo. Photographer: Kiyoshi Ota/Bloomberg. Japan's inflation accelerated to the fastest pace since 2008 last month, bringing the rate closer to policy makers' ... | |
Fellow Conservatives Overreact to Pope on Economy, Novak Says Bloomberg The pope is viewed favorably by 69 percent of Americans, including 92 percent of Catholics, according to a Dec. 4-8 ABC News/Washington Post poll. Close. Close. Open. Photographer: Gregorio Borgia/AP Images. The pope is viewed favorably by 69 percent ... | |
Realistic Financial Resolutions for 2014 Wall Street Journal Making financial resolutions for the new year is easy—sticking to them is an entirely different story. With this in mind, we posed the following question to The Experts: What's one realistic financial resolution people can make? This discussion relates to the ... | |
Godiva Owner to Buy DeMet's Candy Wall Street Journal The Turkish owner of Godiva chocolates is bulking up in the confection business with a deal to acquire DeMet's Candy Co., the U.S. maker of Flipz chocolate pretzels and Turtles covered nut clusters. Yildiz Holding AS has agreed to pay $221 million for ... | |
Turkish Lira Plunges on Political Turmoil Wall Street Journal Turkey's currency sank to fresh lows Thursday after Prime Minister Recep Tayyip Erdogan replaced nearly half his cabinet under mounting pressure from a corruption probe that prompted three ministers to resign. Mr. Erdogan changed 10 of the 26 ministers ... | |
Stocks: The gifts keep coming CNN Christmas may be over, but it seems Santa is still delivering good news for investors. The Dow Jones industrial average closed at a record high for the 50th time this year. The S&P 500 also ended at a record high and the Nasdaq marked a new 13-year high. | |
Rhode Island: top unemployment rate – and cuts in aid Christian Science Monitor Some 4,900 long-term unemployed in Rhode Island are losing their extra jobless benefits as the state continues to grapple with the worst unemployment rate in the nation. Skip to next paragraph. Related stories ... | |
Signs Point to Year of the Dollar's Ascent Wall Street Journal When the Federal Reserve said it would begin scaling back its easy-money policies next month, it answered currency investors' biggest question of 2013. Now that the Fed has reduced uncertainty in foreign-exchange markets, some investors are betting on a ... | |
Is Twitter (TWTR) a Runaway Train? TheStreet.com NEW YORK (TheStreet) -- It seems as if nothing can stop the Twitter (TWTR) train. By midday on Thursday, the social network was rallying 4.5% to $73.11 and had seen a 23.8% boost in share value over the shortened Christmas week. Demand for the ... | |
Bitcoin to be accepted next year by Overstock.com The Seattle Times The discount online retailer Overstock.com plans to start accepting bitcoin — the alternative to government-minted money — by the end of June, said the company's chief executive. By Sean Sposito. Atlanta Journal-Constitution ... | |
Nasdaq to compensate firms for botched Facebook IPO The Globe and Mail Nasdaq OMX Group Inc. will compensate firms on Dec. 31 for qualifying claims related to Facebook Inc.'s botched May, 2012, initial public offering, the exchange operator said in a note to traders on Friday. Nasdaq said previously that it would pay up to ... | |
Buying into Obamacare: A better plan comes with tradeoffs The Morning Journal After two months of trying to purchase health insurance on the Maryland Health Connection — a new state-run health insurance exchange that opened Oct. 1 — I finally lined up coverage for my family, trading in a long-held policy purchased in the individual ... | |
Bay State shoppers take Target to task Boston Herald RISKY BUSINESS: Class-action lawsuits are being filed over concerns that data breaches at Target have put customers' finances at risk. 1. Friday, December 27, 2013. PrintEmail Comments [0]. By: Donna Goodison. Three Bay Staters are among Target ... | |
Car bomb targets French Embassy in Libya Beatrice Daily Sun TRIPOLI, Libya — A car bomb targeted the French Embassy in the Libyan capital Tuesday, wounding two French guards and a Libyan teenager and underscoring the central government's inability to stop the oil-rich North African nation's slide toward ... | |
Heard it on the Street: Red Lobster chain to be sold, not closed Kankakee Daily Journal A spokeswoman for Darden Restaurants, the Orlando, Fla. company that owns the Red Lobster chain, said Thursday that the rumors were false. But in a statement released last week, the company did say it plans to sell or "spin off" its 705 Red Lobster ... | |
Cathay Pacific Airways Orders 21 777-9Xs Aerospace Manufacturing and Design Boeing and Cathay Pacific officials announced on Dec. 20, 2013 the airline's decision to become Asia's first 777X customer with an order for 21 777-9X airplanes, as part of Cathay's future long-haul fleet strategy. The order is valued at more than $7 billion at ... | |
Unemployment Insurance Weekly Claims Report for Week Ending Decembr 21 ... eNews Park Forest In the week ending December 21, the advance figure for seasonally adjusted initial claims was 338,000, a decrease of 42,000 from the previous week's revised figure of 380,000. The 4-week moving average was 348,000, an increase of 4,250 from the ... | |
Turkish Markets Thrown into Turmoil Amid Political Crisis Wall Street Journal (blog) As most international markets shuttered for Wednesday's holiday, Turkey was rocked with cabinet resignations over a corruption investigation that has paralyzed local markets since last week. Then came an unprecedented call from a minister for Prime ... | |
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