Month: April 2019

Regulars readers of my articles will know that I have repeatedly said that the popular narrative, that Defined Contribution/401(k) plans are a “failed experiment” that’s the result of employers failing in their responsibility to provide Defined Benefit retirement plans, misses the point that the system in which individual employers provided guaranteed retirement benefits was not
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Abusive Tax Shelters jda The U.S. Department of Justice has announced that it has obtained a permanent injunction against Michael L. Meyer (“Mike Meyer) of Florida from selling his “Ultimate Tax Plan” which used so-called Charitable LLCs and Charitable Limited Partnerships as part of an abusive tax scheme. The permanent injunction is very broad: Meyers
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Red Cross aid helps resident, from GlobalChange.gov, the 2018 National Climate Assessment Globalchange.gov “We moved into our new house and three weeks later, lost it all in Hurricane Harvey.” My heart sank for when the pleasant man sitting next to me at a legendary local D.C. bar and restaurant recently recounted his family’s experience relocating to Houston.
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Skyscrapers under construction in London. Oli Scarff | Getty Images New research from British insolvency firm Begbies Traynor revealed that 484,000 U.K. businesses are in “significant financial distress,” which is 14% of all the economically active firms in the country. The “Red Flag Alert” data also showed that the number of firms in “critical” distress,
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Redmond, WA, USA – January 30, 2018: One of the biggest Microsoft signs is placed next to green trees at a public intersection near Microsoft’s Redmond campus Getty Microsoft is on it! On April 15th CNBC published an article detailing how Microsoft responded quickly and efficiently after an email was shared throughout the company about
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Starbucks is reporting its second-quarter results after the bell Thursday. Here’s what Wall Street is expecting, according to a survey of analysts by Refinitiv: Earnings per share: 56 cents expected Revenue: $6.32 billion expected Same-store sales: 2.90% expected The Seattle-based company recently revamped its loyalty program, offering a wider range of redemption options for members.
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Singapore’s DBS is Southeast Asia’s largest bank. Edgar Su | Reuters DBS Group Holdings, Southeast Asia’s largest bank, beat expectations to post record quarterly profits on better lending margins. The bank said on Monday that net profit for the first quarter increased by 9% year-on-year to a record 1.65 billion Singapore dollars ($1.21 billion). Refinitiv,
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