BY JONATHAN STEMPEL | Featured on Reuters arslaan / Shutterstock.com A federal appeals court on Thursday threw out a $7.25 billion antitrust settlement reached by Visa Inc (V.N) and MasterCard Inc (MA.N) with millions of retailers that accused the card networks of improperly fixing credit and debit card fees.
Article by Marcel Schwantes | Featured on Inc.com If you think you’re a good boss now, this may change your perception. I’m going to let the cat out of the bag. If you haven’t noticed yet, this column is heavily slanted toward promoting a best-in-class leadership philosophy the business world has yet to fully discover. […]
BY LUCIA MUTIKANI | Featured on Reuters U.S. consumer spending rose for a second straight month in May on increased demand for automobiles and other goods, but there are fears Britain’s vote to leave the European Union could hurt confidence and prompt households to cut back on consumption. Wednesday’s fairly strong report released by the Commerce […]
Article Featured on AICPA Uncertainty related to Brexit – the recent vote in the United Kingdom (UK) to move away from the European Union (EU) – sent shock waves throughout Europe and foreign markets. Here in the United States, investors have also expressed concern about the volatility of their portfolios. Chances are good that some […]
Article By Mike Spector and Sara Randazzo simone mescolini / Shutterstock.com Company will pay diesel car owners at least $5,100 on top of buyback or fix. Volkswagen AG is nearing a $10 billion civil settlement, the largest in the auto industry’s history, to compensate U.S. owners of vehicles affected by the German car maker’s emissions-cheating scandal, said people familiar […]
By Noah Smith | Featured on Bloomberg
Oliver managed to out-do Oprah with his giveaway. Article by Melissa Locker | Featured on Time.com On Last Week Tonight, John Oliver tackled debt, which is apparently “the reason that Nicholas Cage has made so many great choices over the years.” According to Oliver, American households collectively own over $12 trillion in debt, $436 billion […]
Article by Matthew Kish | Featured on Portland Business Journal State economists on Friday delivered an upbeat quarterly economic forecast that predicts state revenue will increase 8.7 percent in the 2017-19 two-year budget and more than 10 percent each of the ensuing biennium as Oregon’s economy outperforms other states. Economists cautioned the growth is not sustainable as […]
BY MICHEL ROSE AND CHINE LABBÉ | Article Featured on Reuters | The_Pixel / Shutterstock.com Dozens of French police raided Google’s Paris headquarters on Tuesday, escalating an investigation into the digital giant on suspicion of tax evasion. Google, which said it was fully complying with French law, is under pressure across Europe from public opinion and […]
By Annette Nellen, Esq., CPA, CGMA | Tax Adviser During tax season, the government continues to churn out many rulings, regulations, and statutory changes. Here is a roundup of some of the federal tax developments from the first few months of 2016. The first four months of 2016 resulted in one public law with tax […]