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4 ways the new overtime rules may affect your paycheck
Business
Article by Jeanne Sahadi | Featured on CNN Money
Thanks to a major change in federal rules, millions of employees around the country will now become eligible for overtime pay.
Everyone's first assumption is that the rule change will mean…
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Puerto Rico defaults on $422 million
Business
Article by Heather Long | Featured on CNN Money
Puerto Rico is dialing 9-1-1 for any help it can get.
The island was unable to make a $422 million debt payment due Monday. It's another alarm bell of how bad the situation is getting on…
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Major League Soccer Stadium Proves a Good Financial Bet for Portland
Business
Major League Soccer Stadium Proves a Good Financial Bet for Portland
New figures show the city is getting its money back from the Portland Timbers’ stadium.
Article By Nigel Jaquiss | Featured on WWeek
Sometimes, history doesn't…
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Sports Authority bankruptcy sale could close remaining stores
BusinessArticle by Chris Isidore | Featured on CNN Money
Sports Authority, the struggling chain which filed for bankruptcy in March, is weighing a sale of its assets that could be end up closing most if not all of its 450 stores.
Under its original…
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Global factory growth nearly stalled in April: PMI
BusinessArticle Featured on Reuters
Global manufacturing growth almost stalled last month as rising price halted a pick-up in new orders, a survey showed on Tuesday.
JPMorgan's Global Manufacturing Purchasing Managers' Index (PMI), produced with…
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ValueAct Pays a Price for Its Supporting Role at Valeant
BusinessArticle Featured on New York Times | By Andrew Ross Sorkin
Bill Ackman gets a lot of ink and a lot of criticism as one of the largest investors behind the crisis-ridden Valeant Pharmaceuticals.
But another activist investment firm with a…
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Three Big Questions on the Job Market, and How January’s Numbers Answer Them
BusinessArticle Featured on The New York Times | By Neil Irwin
Get used to jobs numbers like those newly reported for the United States Friday morning — if we’re lucky.
It’s not that the new data blew the lid off expectations or pointed to…
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What’s Eating Silicon Valley
BusinessArticle Featured on Quartz turtix / Shutterstock.com
Like most people, I look up to and admire the heroes of Silicon Valley (the real ones, not the ones from the TV show). They’ve given rise to services (e.g., Google, Facebook, Uber,…
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Intergalactic Finance: Why The Star Wars Franchise Is Worth Nearly $10 Billion To Disney
BusinessArticle by Aswath Damodaran | Featured on Forbes.com | Featured Image Credit: pio3 / Shutterstock.com
I saw the newest Star Wars movie recently and it brought back memories that stretch back almost four decades. Watching Harrison Ford…
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Intangibles make up the top 9 value drivers in the digital age
BusinessArticle by Samantha White | Featured on CGMA
In today’s digital economy, intangibles are more important than ever to the success of a business. New CGMA research found that the top nine drivers of value in the digital age are intangibles,…