Federal prosecutors on Monday accused three J.P. Morgan precious metals traders, including the global head of base and precious metals trading, of participating in a racketeering conspiracy in connection with a multiyear scheme to manipulate the markets and defraud customers. The alleged scheme saw the nation’s largest bank by assets profit handsomely, while investors suffered
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Beer being poured at Night Shift Brewing. Source: Night Shift Brewing Collin Castore started selling beer out of coolers in parking lots at Grateful Dead concerts. It was the mid-1990s and craft beer was a small niche market. While most people were drinking big labels like Budweiser and Miller, Grateful Dead fans had a taste
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Share to facebook Share to twitter Share to linkedin SOPA Images/LightRocket via Getty Images Topline: Apple and the Irish government will this week appeal an European Commission ruling that the Cupertino-based tech giant saved $14.3 billion in taxes by striking a favorable deal with the Irish government. On Tuesday, the European Union’s General Court will
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The IRS has announced a global settlement of cases involving abusive 831(b) captive insurance schemes, which announcement (IR-2019-157) is hyperlinked here and at the bottom of this article and is well worth reading in full, down to the last period in the Appendix. According to the announcement, “The settlement requires substantial concession of the income
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Cans of Campbell Soup Co. Campbell’s chicken noodle and tomato soup. Andrew Harrer | Bloomberg | Getty Images U.S. food company Campbell Soup reported better-than-expected fourth-quarter profit, benefiting from cost cuts, sending shares up 5% before the bell. To better focus on its mainstream soup and snack businesses, Campbell has been streamlining its operations by
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Runder Besprechungsraum mit Konferenztisch und modernen Stühlen Getty There has been a lot of reaction to the Business Roundtables “Statement on the Purpose of a Corporation” where 180 CEO’s signed a statement on companies being responsive and committed to delivering value not only to shareholders but to all stakeholders including customers, employees, suppliers, communities, and
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Retired couple taking a happy selfie in tropical sea excursion with life vests and snorkel masks – Boat trip snorkeling in exotic scenarios on active elderly and senior travel concept around world. They are not worried about what they do or don’t Getty You’ve worked hard for decades, and now you want to enjoy your
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Gentrification, according to the Centers for Disease Control and Prevention, is “the transformation of neighborhoods from low value to high value.” So, does that mean a low-value neighborhood is being invaded by high-value development? Well, hold on a minute — don’t we need change and investment in the low-value areas? Isn’t that what opportunity zones
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